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How To Make One Crore In 3 Years - Check Best Ways Now!

Updated On Aug 22, 2023

Financial goals are the lighthouses that direct our efforts in the vast sea of opportunities. But remember, like any journey, there are risks involved. You'll need to tread with caution and thorough understanding.

It is essential to realise that this is not a scheme to make quick money but rather a route that professionals have carefully prepared for individuals who are dedicated. Navigating the financial landscape requires discipline, tenacity, and a bit of adventurous spirit. Your journey towards one crore begins with setting clear financial goals and arming yourself with the proper knowledge.

Understanding the Basics of Wealth Creation

Understanding the basics of wealth creation is crucial. It begins with a critical concept: compound interest. This principle is where you earn interest on your initial investment, and the interest accumulates. Over time, it can lead to significant growth in your wealth.

Next, consider the time value of money. A sum of money today has more value than the sum received in the future due to its potential earning capacity. This principle underscores why it's essential to start investing early and consistently.

Lastly, remember the inherent relationship between risk and reward in investing. In general, the risk increases as the possible reward increases. Making educated judgments and considering the trade-off between risk and reward is vital to financial success. As you pursue your goal of one crore in three years, always bear these fundamentals in mind.

How to make Rs. 1 crore in 3 years

Setting Your Financial Goals

Setting financial goals is an indispensable part of your wealth-creation journey. These goals must be precise, providing you with a clear target to aim for. To accumulate 1 Crore in 3 years, you must identify exactly how much you must save and invest each month.

Next, consider the risk and potential return of your chosen investment avenues. They should align with your monetary objectives and risk tolerance. Doing this gives you a roadmap to follow, simplifying the wealth accumulation process.

Staying disciplined is essential. It can be tempting to stray from your plan, especially when faced with market fluctuations. However, consistency in saving and investing can be the key to building a substantial corpus in a relatively short period. Thus, always follow your plan and keep your eye on the prize.

Best Ways to Make One Crore in 3 Years

  • Investing in Stocks

Equity investment, often called stock market investment, is a credible avenue for creating wealth. Purchasing the company's shares entitles you to ownership and makes you a shareholder. You can profit as a shareholder by increasing your investment by selling your shares or by collecting dividend payments from the company.

The stock market does, however, include some hazards. Prices for stocks can change fast due to the unsteady nature of the stock market. As a result, your investment can be impacted. It is advisable to research thoroughly before making any investment. Getting advice from a financial advisor who understands market trends and the factors affecting stock prices is best. You may efficiently control risk by diversifying your investing portfolio across several industries.

  • Investing in Real Estate

Another practical approach to your financial goal is real estate investment. This involves buying property and generating income through rental yields or capital appreciation when the property is sold at a higher price. In India, the burgeoning urban population and increased demand for housing make real estate a lucrative sector.

However, real estate has its risks, like any other investment. These include market volatility, potential legal disputes, maintenance costs, and unanticipated vacancies that affect your rental income. It is vital to comprehend the market dynamics thoroughly and be prepared to meet the challenges that may arise. Real estate requires a significant initial investment, and the returns are usually long-term, which you should consider in your financial plan.

  • Investing in Mutual Funds

Mutual funds present another way to accumulate wealth. These investment vehicles aggregate the funds of several individuals to buy shares of stock, bonds, and other securities in a diversified portfolio. Professional fund managers oversee mutual funds with the goal of maximising returns for investors.

However, like all investments, mutual funds come with their risks. There is no assurance of profitability; returns are based on market success. It's essential to research and understand different types of funds, their historical performance, and associated risk levels before investing. Always remember that a fund's past performance does not guarantee its future success.

  • Fixed Deposits and Public Provident Fund

Safe and traditional investment options like Fixed Deposits or FD and Public Provident Funds or PPF can also contribute towards your goal. Fixed deposits are savings instruments banks provide where you deposit money for a specified period at a fixed interest rate. At the same time, PPF is a long-term investment plan supported by the Indian government. It offers attractive interest rates and tax benefits, making it a favourite among many Indians.

These investment options are considered low-risk but provide lower returns than stocks or mutual funds. They are best suited for individuals who prefer a steady income stream and have the patience to let their wealth grow over time.

  • Investing in Initial Public Offerings or IPOs

Initial Public Offerings (IPOs) present another investment opportunity. A first-time public offering of a company's stock is known as an IPO. Investing in IPOs can be rewarding if the company performs well post-listing. You stand to earn a substantial amount if the post-listing price of the shares is higher than the price you bought.

However, making IPO investments might be dangerous. Not all IPOs are guaranteed profitable, and the company's future performance can impact your investment value. Therefore, it is crucial to carefully scrutinise the company's fundamentals, growth prospects, and IPO price band before investing.

  • Starting Your Own Business

Lastly, starting your own business can generate substantial returns. A well-conceived business plan, thorough market research, and relentless execution can generate significant profits.

However, entrepreneurship comes with its challenges. It requires considerable effort, a substantial initial investment, and a high tolerance for risk. A well-thought-out company strategy and the will to overcome possible setbacks are also crucial because not all businesses prosper.

How to Minimise Risk While Maximising Return?

Understanding how to balance risk and return while trying to accumulate money is essential. Just as when you plant a garden, you wouldn't cultivate only one kind of plant, would you? Similarly, spread out your investing portfolio among a variety of assets. Some include mutual funds, stocks, bonds, and real estate. This way, you protect yourself if one area doesn't do as well as you'd hoped.

You need to monitor your financial portfolio carefully, just as you would a garden. Markets in India can fluctuate due to various factors. Changing your investments is critical to ensure that your portfolio continues toward your objective.

Also, feel free to seek assistance. A financial advisor can be a big help since investing can be complex. They can help you navigate the waters and create an investment strategy that fits your needs and comfort level with risk.


It is feasible to reach the target of one crore in three years, but it needs a well-thought-out strategy, prudent diversification, and systematic investment practices. It's crucial to regularly assess your portfolio and be knowledgeable about the dangers involved. On this path, seeking the advice of a financial expert may be helpful.


Q: I'm just starting. Is it possible for me to make 1 Crore in 3 years?

A: It's a lofty aim to make 1 Crore in three years, and although it's not impossible, it's also not sure. It relies on factors such as your starting balance, risk tolerance, and market status. Speaking with a financial counsellor may be beneficial if you're unsure how to invest your money.

Q: Would putting all my money in stocks make sense to reach my goal faster?

A: Would you use a single ingredient if you were cooking dinner? The answer is no. The same goes for putting all of your money into stock investments. Combining different investment types, such as bonds, mutual funds, and real estate, is preferable.

Q: Can buying property help me get to 1 Crore in 3 years?

A: Buying and selling property can indeed make you money. But it usually requires a good amount of initial capital and isn't without risks. Market trends should also be considered, as they significantly influence your potential earnings. It's worth getting some advice from a property expert before you jump in.

Q: How often should I check on my investments and make changes?

A: As a rule of thumb, give your investment portfolio a health check every three months. Markets can change quickly, and these regular checks help to make sure your investments are still helping you reach your goal.

Q: I've heard of mutual funds but find them confusing. Are they an excellent way to make 1 Crore in 3 years?

A: Mutual funds pool money from many investors to buy a range of stocks, bonds, and other assets. They're run by fund managers who know their stuff. Mutual funds can help balance risk and return, but like all investments, they have ups and downs. It's worth understanding them fully or getting some advice before you invest.

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This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.