How much to invest to accumulate Rs 1 crore in 10 years, 15 years, 20 years

economictimes.indiatimes.com:

Equity mutual funds are one of the investments that could help to achieve your dream goal of Rs 1 crore. The next question is how much you need to invest. And for how long? Keep in mind that no matter where you invest, you will not become a crorepati overnight. So, it will take some amount of time. So, the next thing you need to reach the goal is discipline. You need to invest regularly. One of the best ways to invest consistently in a disciplined way is to opt for a systematic investment plan(SIP). Not only it helps to build a big lump sum amount over a period of time but it also allows you to start small and scale it up gradually. Even if you start a SIP in an equity mutual fund with a monthly investment of Rs 1,000, you can accumulate Rs 2.2 lakh in 10 years, assuming you get an annual return of 12%. As you can see, even a small investment in SIP can grow your wealth significantly in the long term.

How much should you invest in mutual fund to accumulate Rs 1 crore? Here's how to decide

How much you need to invest every month will depend on three key things — return, time horizon and risk appetite. Return is simply the return you will get from the equity mutual funds. The time horizon of your investment will be the time frame within which you want to achieve your target while risk appetite denotes how much risk you can take. As equity mutual funds involve higher risk than debt investment it is suitable for long-term investments. It is even better if you invest in equity mutual funds for a minimum of seven years. The longer you remain invested the risk of volatility will be lower. When you stay invested over the long term, some years of low or negative returns and some years of impressive returns will make the average