I am a 36 year old working professional in IT Sector. i am currently investing in in the following mutual funds from past 1 year 1. Axis Bluechip Fund Growth - 2000 2. HDFC Flexicap fund - 4500 3. SBI Multicap Fund Regular Plan Growth - 2500 4. Parag Parikh Flexi Cap Fund Regular Plan Growth - 2500 5.Mirae Asset Large Cap Fund Regular Plan Growth - 5000 6. ICICI Prudential Balanced Advantage Fund Growth - 5000 7. TATA Digital India Fund Regular Plan Growth - 2000 8. HDFC Index Fund - 5000 also investing in Kotak ULIP 2,00,000/- per year from 3 years What corpus i can generate in near 10/15 years.

Ans: Hello Girish. Your portfolio report is in good shape. From your current 12k sips per month, I would suggest increasing it to 60-70k sips per month to achieve the corpus of 2 Cr in 10 years. A better peer group scheme should be considered instead of the Small cap category schemes i.e. Franklin and HDFC. For your future investment, you may include Multicap category in your portfolio.

Ans: Hello Sandeep. It seems you have already well diversified your portfolio. You may reconsider Axis and Mirae AMcC for your portfolio. For your mutual fund investment, you may achieve a corpus of 1 cr approx for 12 years horizon.

Ans: Hello;

25 L corpus invested in mutual funds, since last 7 years(present value not provided), may grow into a sum of 2 Cr, 10 years from now.

If you transfer FDs(27 L) into mutual fund investments then this may yield you a sum of 91.65 L, 10 year hence.

2 Cr + 0.9165 Cr= 2.9165 Cr
10-2.9165=7.0835 Cr

So our aim should be to generate corpus in excess of 7.0835 Cr over 10 years through SIP.

An sip of 2.9 L per month may yield us a sum of 7.15 Cr after 10 years.

If you feel this is a tough challenge then you may increase time to retirement as 15 years.

In this the MF & FD converted to MF corpus over 22 and 15 years may grow into sums of 3.68 & 1.69 Cr.

So 10-(3.68+1.69)=4.63 Cr

To achieve balance corpus of 4.63 Cr you may do a minimum monthly sip of 80 K for 15 years. A modest return of 13% is assumed from pure equity mutual fund schemes.

No EPF or NPS is considered since information not available.

Happy Investing!!

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