While looking for investment options to achieve a particular amount, there are several questions that you must ask yourself. Firstly, decide the time frame within which you want to achieve your target. Secondly, understand your risk profile. Your fund selection strategy will also be dependent on whether you can take high risks to get high returns or whether you are a moderate risk-taker. 

Let’s see how much your monthly SIP should be if you need 1 crore in 1 year, in 5 years and in 12 years. 

Case 1: Investment horizon is 1 Year

To reach this corpus, let us assume, the expected rate of return on your returns is 6.5%. 

Invest in direct mutual funds

  • Enjoy 0% commission
  • SIP starting at ₹500

Then using, Groww  SIP calculator, you would be required to do a  monthly SIP of Rs 809000 approx, every month to reach 1 Crore in a year. 

1 year 1 crore


Since you are looking to grow this wealth in a shorter duration, investing in liquid funds is advisable. They allow you instant access to your investments with no exit load . The redeemed amount gets credited to your bank account within 1-2 days from the request. Based on past performance, here are the best liquid funds you can invest in to achieve your target. 

Case 2 : Investment horizon is 3-5 years

If you have a horizon of 3-5 years, it is advisable to invest in hybrid funds or large cap funds. Large cap funds are good for investors who want exposure to equity yet are conservative risk-takers. Since the duration is just 5 years, exposure to mid cap or small cap funds may lead to increased risk. Since these schemes invest in financially strong large-cap companies, they can withstand a slowdown in the markets.

The other category of funds you can invest in is hybrid funds. They offer better returns than debt but are safer than equity and hence a good option for low risk-takers as well as investors investing for a short to medium duration. They allow investors just the right amount of exposure to equity while cushioning them against extreme market volatility with debt funds. 

Now for a medium-term duration, let us assume the expected rate of return on your investments is 9%. 

To accumulate a corpus of Rs 1 Crore in 5 years, with an expected rate of return as 9 %, you would have to start a monthly SIP of Rs 131597 per month. 

Medium Term SIP

Here are the best large-cap funds and hybrid funds you can invest in, to achieve your target

Case 3 : Investment horizon is greater than 5 years.

With an investment horizon of greater than 5 years, a diversified equity portfolio having multi-cap, mid-cap and small-cap funds for long term wealth creation.

Assuming, you need to achieve a corpus of Rs 1 Crore in 10 years, and the expected rate of return is 11 % . Then, you would have to start a monthly SIP of Rs 47,500 to achieve your target


Here are the best multi-cap, mid-cap and small-cap funds that you can have in your portfolio to reach 1 Crore corpus in  10 years.

To sum up, becoming a crorepati is not difficult provided you select the right set of funds according to your time horizon and risk profile. All you have to do is stick to your asset allocation and stay invested!

Disclaimer: The views expressed in this post are that of the author and not those of Groww


Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. NBT do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.