Guide On How To Become A Billionaire In India

An informative guide on how to become billionaire in India

Key Takeaways

Strategically invest in the stock market to get higher returns.
Equities help build corpus faster but involve risky investments.
Long term Mutual Fund investments can also assist with wealth creation.
You can also invest in inflation-beating assets such as real estate or gold.
Consider investing in start-up business ventures.

Not all the billionaires we look up to today were born with a silver spoon. Many used their genius to build their business, and most others made life-changing investments that paved the path to their riches. But like every journey, the one to financial comfort begins with determination and disciplined investment habits leading to wealth creation. If you are looking for a quick guide on how to become a billionaire from zero, this article might prove helpful.

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How To Become a Billionaire in India

Invest in the market

Invest your money strategically in Equity Mutual Funds and stock markets. These market instruments involve high risks but have also historically generated impressive returns. Picking the right equity securities can help you double your returns quickly, but you should also be open to staying invested for the long term to increase your returns manifolds. You can invest in invest in mutual funds with a higher concentration on equities. Over the past few years, equity investments have generated returns ranging from 12% to 18% per annum, overtaking debt securities that offer meagre but stable returns of 5% to 8%. You may start with Systematic Investment Plans and gradually invest lump-sum amounts in mutual funds to benefit from the power of compounding.

Invest in real estate

Another way how to become a crorepati is to invest in Real Estate. Although expensive at face value, real estate is a fantastic investment that can help multiply your net worth with each passing year. You can invest in residential or commercial properties or even consider Real Estate Investment Trusts or REITs to create wealth. Since property rates are constantly increasing, this is a sure-shot way to achieve your goal of becoming a millionaire or billionaire.

Invest in gold

Yet another way to make millions is to invest in gold. In 2000, gold was priced at 10,000 per 10 grams, and today it stands at INR 50,000 per 10 grams. This shows that the value of gold has only appreciated over time. However, you must ensure you buy gold coins or biscuits instead of jewellery so that you do not lose money on making charges. Today, you can invest in gold in various forms like sovereign gold bonds, digital gold, and gold commodities. This precious metal also acts as a hedge against inflation as more demand raises its value.

Invest in startups

Even with the highest-paying salary, achieving a net worth of billions seems unimaginable. As such, you can create investment opportunities. A quick way on how to become a billionaire from zero is to invest in promising startups. You could also begin your own business venture. A unique business idea is the only factor between you and your goal of becoming a billionaire.

Final Note

Becoming a billionaire is no overnight feat. It requires patience and time. You should always look out for investment opportunities and stay abreast with the latest business news. Also, ensure you forge disciplined investment habits to reach your goals soon, starting with opening a savings bank account.

Download digibank to open your savings account and begin your journey to making successful investments.

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*Disclaimer: This article is for information purposes only. We recommend you get in touch with your income tax advisor or CA for expert advice.