I need 6 lakhs in 3 years

Mr.REDDY wrote :
where i need to invest my money for 3 years, i want to buy house after 3 years, i needed money about 6 laks

SRIKANTH SHANKAR MATRUBAI' S REPLY ::::

Dear Reddy,

At 15% returns CAGR, you would need to invest 13338 per month.
At 18% returns CAGR, you would need to invest 12781 per month.
At 21% returns CAGR, you would need to invest 12255 per month.
I hope you have also considered inflation while calculating your cost of house.
regards,
Srikanth Shankar Matrubai



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