I am 32 year old, want to make 1 CR in next 8 year. How much money want to invest and which fund need to select with amount.

Ans: To accumulate 1 crore in the next 10 years, you'll need to calculate the required monthly investment based on your expected rate of return. Here's a general outline to help you get started:

Calculate Required Monthly Investment: Determine the monthly investment required to reach your goal of 1 crore in 10 years based on your expected rate of return. You can use online SIP calculators or consult with a financial advisor to perform this calculation.
Choose Suitable Mutual Funds: Look for mutual funds that have a track record of consistent performance, align with your risk tolerance, and have the potential to deliver competitive returns over the long term. Consider a mix of large-cap, mid-cap, and multi-cap funds to diversify your portfolio and mitigate risk.
Review Fund Performance: Evaluate the historical performance of mutual funds you're considering investing in. Look for funds with a proven track record of outperforming their benchmarks and peers over various market cycles.
Consider Expense Ratios: Pay attention to the expense ratios of mutual funds, as lower expense ratios can lead to higher net returns over time. Choose funds with reasonable expense ratios that don't erode your investment returns significantly.
Seek Professional Advice: Consider consulting with a certified financial planner or investment advisor who can provide personalized recommendations based on your financial goals, risk tolerance, and investment horizon. They can help you create a customized investment plan tailored to your needs and objectives.
Remember to regularly review your investment portfolio and make adjustments as needed to stay on track towards achieving your financial goals. With careful planning and disciplined investing, you can work towards building a substantial corpus of 1 crore over the next 10 years.

Ans: To accumulate 1 crore in 10 years, you need to calculate the required monthly investment based on your expected rate of return. Here's a general approach:

Determine the expected rate of return: Based on historical data, a reasonable expectation for annual returns from equity mutual funds could be around 12-15%.
Use a financial calculator or online SIP calculator to find the monthly investment required to reach 1 crore in 10 years at your expected rate of return.
Once you have the required monthly investment amount, consider allocating it across a diversified portfolio of mutual funds. Look for funds with a track record of consistent performance, experienced fund managers, and aligned investment philosophy.
Since you have a 10-year investment horizon, you can afford to take some risk for potentially higher returns. Consider a mix of equity-oriented funds such as large-cap, mid-cap, and multi-cap funds to diversify across market segments and manage risk effectively.
Regularly review your investments and make adjustments as needed based on changes in your financial goals, market conditions, and risk tolerance.
Consult with a Certified Financial Planner for personalized advice tailored to your specific needs and goals.
By investing systematically in mutual funds and staying disciplined with your investment strategy, you can work towards achieving your goal of accumulating 1 crore in 10 years.

Ans: Certainly, planning for a corpus of 2 crores in 15 years is an ambitious yet achievable goal. At 34, you have a good time horizon to pursue growth-oriented investments while balancing risk.

To start, consider allocating your investments across a mix of equity and debt instruments. Equity mutual funds typically offer higher growth potential over the long term, albeit with greater volatility. Debt instruments provide stability and capital preservation.

Given your time horizon, you can afford to take some risk in your portfolio. Equity mutual funds, especially diversified equity funds or large-cap funds, can be a suitable choice for wealth accumulation over the long term. These funds invest in stocks of companies with a track record of stable performance, potentially offering steady growth.

For the debt component of your portfolio, consider options like debt mutual funds or fixed-income instruments such as bonds or fixed deposits. These provide stability and can act as a cushion during market downturns.

As for the amount to invest, it depends on factors like your current savings, monthly surplus, and risk tolerance. A Certified Financial Planner can help you assess your financial situation holistically and determine a suitable investment strategy tailored to your goals.

Avoiding direct investment without professional guidance is prudent, as it can expose you to unnecessary risks and complexities. Regular funds, invested through a Mutual Fund Distributor with CFP credential, offer the benefit of expert advice and ongoing portfolio management.

Consistency in investing and staying invested for the long term is crucial. Review your portfolio periodically and make adjustments as needed to stay on track towards your goal.

By adopting a disciplined and diversified approach to investing, you can work towards accumulating the desired corpus of 2 crores over the next 15 years.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Ans: Hello;

You may do a monthly sip of 20 K in a flexicap type mutual fund say for eg PPFAS flexicap fund and another monthly sip of 22 K in Large and Midcap type mutual fund say for eg Kotak Emerging Opportunities Fund.

Monthly sip of 42 K will yield you a corpus of 1 Cr+ in 10 years assuming modest return of 13%.

Happy Investing!!

*Investments in mutual funds are subject to market risks. Please read all scheme related documents carefully before investing.