Sir I am 49, I am investing 35k / month(started from 2023) in sbi sip mostly equity funds. Ppf current balance 15lks, epf current balance 25k ,nps 4lks investing 6k . Both sip and nps will be step up each year by 10%. Please calculate my tentative corpus after 11 years

Ans: You are 49 years old now.
You are investing Rs. 35,000 per month in equity mutual funds.
You started this SIP in 2023.
The SIP is set to increase by 10% every year.
You are also investing Rs. 6,000 per month in NPS.
That is also increasing 10% yearly.
You have Rs. 15 lakhs in PPF already.
You have Rs. 25,000 in EPF.
You want to know your corpus by age 60.
Let’s build your answer with a full 360-degree plan.

Understand Your Investment Strategy

You have taken good steps so far.
SIP in equity funds gives you growth.
NPS gives you long-term support and tax benefits.
PPF adds safety and tax-free interest.
Your investments are diversified across equity and debt.
You are also following SIP step-up strategy.
That builds strong discipline.
Very few investors plan step-up.
You are doing the right thing.

Now let us look at what these can become in 11 years.

Expected Corpus from SIP in Equity Funds

You are investing Rs. 35,000 monthly now.
This amount increases by 10% every year.
You will continue this till age 60.
That gives you 11 more years.

Assume your funds are actively managed.
Avoid index funds.
They copy the market blindly.
They fall fully during crashes.
They give no protection.
Actively managed funds perform better.
They have expert fund managers.
They help in bad markets too.
They adjust portfolio regularly.
This makes your corpus more stable.

Now coming back to SIP.

With 10% yearly step-up,
Your SIP amount increases every year.
In 11 years, this strategy can build a large corpus.
Based on historical equity fund performance,
The equity SIP may grow to Rs. 1.05 crore to Rs. 1.20 crore.
This is based on 10% to 11% annualised return.

Please note, equity returns are not fixed.
They go up and down every year.
But over 10+ years, equity performs well.

Don’t panic during market falls.
Stay invested throughout.
Do not stop SIP during correction.
Do not try to time the market.
Just stay steady and continue.

Expected Corpus from NPS

You are investing Rs. 6,000 monthly now.
With 10% step-up, it will increase yearly.
NPS invests in equity and debt mix.
It is also a retirement-focused product.
NPS is better than traditional pension plans.
Because it gives market-linked returns.

If you continue this NPS for 11 years,
The corpus may grow to around Rs. 18 lakh to Rs. 21 lakh.
This assumes an average return of 9% per annum.
Again, this is just an estimate.

You can select equity mix inside NPS.
Don’t put full money in government bonds.
Choose some equity exposure in NPS.
It will give higher growth in long run.

Avoid Tier-1 NPS withdrawal before 60.
It will attract tax and limit your retirement fund.
NPS should be used only for age 60 onwards.

Expected Value of Your PPF Account

PPF gives fixed interest.
Currently it is around 7.1%
It is completely tax-free.
That is the biggest benefit.

You already have Rs. 15 lakh in PPF.
If you don’t add more, it will grow on its own.
In 11 years, it can grow to around Rs. 30 lakh.
That is if rate remains constant.

If you keep contributing yearly, it will be even more.
PPF is a great tool for safe and stable money.
Use this for post-retirement needs.
Or children’s support later.

Don’t break your PPF.
Keep it growing till maturity.
It is a key pillar of your retirement.

EPF Is Still Small – Can Be Grown

You mentioned EPF balance is Rs. 25,000
This is very small at this stage.
You may be self-employed now.
Or may have exited salaried employment.

If you are working, continue EPF contributions.
But don’t depend too much on EPF.
Focus more on equity mutual funds and NPS.
EPF is for salaried employees mainly.
It gives fixed return, but no inflation beating growth.

If you have stopped working, let EPF be.
Don’t withdraw it unless urgent.
It earns interest even if idle.

Putting All Together – Total Corpus by Age 60

Here is your estimated total retirement corpus:
Let’s break it component-wise:

Equity Mutual Funds SIP Corpus: Rs. 1.05 crore to Rs. 1.20 crore

NPS Corpus: Rs. 18 lakh to Rs. 21 lakh

PPF Corpus: Rs. 30 lakh (if no new contribution)

EPF Corpus: Rs. 25,000 (if left idle)

So total corpus at age 60 can be around:

Rs. 1.55 crore to Rs. 1.75 crore

This is a strong base.
You can make this even stronger.
You may increase SIP step-up to 15% in few years.
You may invest more lumpsum if bonus or savings come.
Don’t keep idle money in savings account.
Shift to liquid fund or STP into equity.

How to Manage and Improve This Plan

Here are tips to make this better:

Stay invested fully for next 11 years

Never stop SIP during market crash

Avoid investing in real estate again

Don’t fall for LIC, ULIP, endowment traps

If holding any such policy, surrender them and invest in mutual funds

Review SIP funds once a year with Certified MFD with CFP

Avoid direct mutual funds

Direct funds don’t guide you

They don’t review or rebalance

Regular plans via Certified MFD give handholding

They keep your goal on track

Also avoid index funds.
They copy index blindly.
They crash fully when market crashes.
No safety, no fund manager thinking.
Actively managed funds are much better.

Use This Corpus Wisely After 60

After age 60, don’t withdraw fully
Use SWP from mutual funds
Withdraw monthly amount for expenses
This keeps corpus growing and gives income
Use PPF maturity for safety
Use NPS annuity carefully
Don’t invest in annuity blindly
They give poor return and block money
Take CFP guidance on how much annuity to buy

Health Insurance and Estate Planning

Don’t ignore health insurance
Medical inflation is rising every year
Take Rs. 10–20 lakh cover now
Premiums are low before 55

Also write a will
List all your mutual funds, NPS, PPF
Add nominees to every account
Let your spouse know login and folio numbers
This avoids confusion later

Finally

You have taken the right path.
Your SIP step-up strategy is strong.
You have balance between growth and safety.
Your long-term corpus can cross Rs. 1.7 crore
If you stay focused and consistent
Avoid real estate, index funds, ULIPs and annuities
Avoid direct funds and use Certified MFD with CFP
Revisit your goals every year
Take advice, review plan, and keep your discipline strong

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment