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How to save Rs 1 crore with a monthly salary of Rs 50,000

By Economic Times - 5 months ago
Accumulating a Rs 1 crore corpus might seem like a distant dream for someone earning Rs 50,000 a month. However, with discipline and a strategic approach, it is achievable. Experts recommend systematic investment plans (SIPs) in equity mutual funds for wealth creation over the long term. Starting investments early and gradually increasing SIP contributions can significantly accelerate your progress towards becoming a crorepati. ET Wealth Online explains how you to save Rs 1 crore with Rs 50,000 salary.

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