You can invest in options such as mutual funds, gold and PPF. (Source: Envato) Show Quick Read Summary is AI Generated. Newsroom Reviewed
Many people dream of becoming a crorepati in India. At the same time, it feels out of reach for most salaried individuals without an inheritance or a side hustle. But one can harness the power of compounding by investing in different instruments to achieve this target.
In practical terms, you become a crorepati when your net worth is at least Rs 1 crore. This can be through mutual funds, EPF, PPF, stocks, FDs, property and cash combined. For a salaried Indian with no side income, this target is usually hit through long-term monthly investing, not one big jackpot event.
For example, let us assume you invest in mutual funds and PPF for 15 years. Th

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