₹1 crore is a dream figure for most retail investors. Is ₹1 crore enough to reach your dream goals is a different discussion, but the figure with seven zeros is attractive for most of us to achieve. Well, its not a herculean task to accumulate a crore if you start early and continue to invest regularly in a disciplined manner. Amount of investment and rate of return will guide the speed at which you can become a crorepati. At an annual inflation rate of 6%, a goal that costs you a crore today, would need ₹1.34 crore after five years or ₹1.79 crore after 10 years or ₹3.21 crore after 20 years.

Source: Mint December 25, 2020 06:22 UTC