India is becoming an Investment Hub, one can be Millionaire in 20 years by only $1000 per month investment in India

India is the fastest growing economy in the world with buoyant investment climate. According to recent trends, India is only second to China in the league of favorite investment destinations. As the Indian economy is developing very fast, it has opened new avenues for Investment.

Mutual Funds are the best tools for long term wealth creation. But, the challenge is to identify good and top performing mutual funds that can help you in achieving your Financial Goals.A ‘good mutual fund scheme’ is one that consistently manages to outperform the Category it belongs to and also its Benchmark. I have taken list from “http://www.relakhs.com/best-top-equity-mutual-fund-sips-in-india”  to identify top performing and best Equity Mutual Fund SIPs (Systematic Investment Plans) that you can choose to invest in 2015. 

Kindly remember, you first need to identify your investment objective, time horizon of investment and risk appetite to arrive at your Investment Plan. Equity Mutual Funds are risk oriented products. Invest in these top performing mutual funds through SIPs (or lump sum) if your time horizon is at least 5 or more years.

Following table shows return on $100 per month investment  in top rated mutual funds in India through SIP(Systemic Investment Plan).Here,I have assumed dollar rate increment @4% ,considering last two decades scenario.And average rate of return @18% considering investment in Mutual Funds like above.Always keep in a mind that never put your every eggs in a single basket.Invest your fund by splitting it into at least 10 funds like above and invest through SIP only,to balance your risk against market fluctuations.You can multiple investment in $100 denomination and project planning accordingly.

Year Yearly Deposit Total Deposits Year Deposits Year Deposits Year Interest Total Deposits Total Interest Balance Balance
(in $) (in $) (in INR) (in INR) (in INR) (in INR) (in INR) (in $)
1 1200 1200 65 78000 7413 78000 7413 85413 1314
2 1200 2400 68 81120 23084 159120 30496 189616 2805
3 1200 3600 70 84365 42149 243485 72645 316130 4497
4 1200 4800 73 87739 65242 331224 137887 469111 6416
5 1200 6000 76 91249 93112 422473 230999 653472 8594
6 1200 7200 79 94899 126644 517372 357642 875014 11065
7 1200 8400 82 98695 166882 616067 524524 1140591 13868
8 1200 9600 86 102643 215061 718710 739586 1458295 17049
9 1200 10800 89 106748 272638 825458 1012224 1837681 20658
10 1200 12000 93 111018 341333 936476 1353557 2290033 24753
11 1200 13200 96 115459 423179 1051935 1776736 2828671 29399
12 1200 14400 100 120077 520572 1172012 2297308 3469320 34671
13 1200 15600 104 124880 636346 1296893 2933654 4230546 40652
14 1200 16800 108 129876 773841 1426768 3707495 5134263 47439
15 1200 18000 113 135071 937004 1561839 4644499 6206338 55139
16 1200 19200 117 140474 1130491 1702313 5774989 7477302 63875
17 1200 20400 122 146093 1359798 1848405 7134788 8983193 73788
18 1200 21600 127 151936 1631414 2000341 8766202 10766543 85035
19 1200 22800 132 158014 1952995 2158355 10719197 12877552 97796
20 1200 24000 137 164334 2333577 2322689 13052774 15375463 112275

** Above table is for example purpose only.Author is not  responsible or liable for any loss resulting from the operation of the Scheme or by the means of their investment advising or accuracy of the data.

Disclaimer: Mutual Funds and Securities Investments are subject to market risks and there is no assurance or guarantee that the objectives of the Scheme will be achieved. As with any investment in securities, the NAV of the Units issued under the Scheme can go up or down depending on the factors and forces affecting the capital markets. Past performance of the Sponsor/AMC/Mutual Fund is not indicative of the future performance of the Schemes. As always please consult an investment advisor or financial planner before taking any investment decision.

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