I am 34 years and plan to accumulate 2 crs in next 15 years. Now Please advice me which funds to invest and How much amount to invest ?

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