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31 Year Old Seeks Investment Strategy to Build 5 Crore Corpus in 20 Years

Milind Vadjikar |951 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Oct 21, 2024

Milind Vadjikar is an independent MF distributor registered with Association of Mutual Funds in India (AMFI) and a retirement financial planning advisor registered with Pension Fund Regulatory and Development Authority (PFRDA).
He has a mechanical engineering degree from Government Engineering College, Sambhajinagar, and an MBA in international business from the Symbiosis Institute of Business Management, Pune.
With over 16 years of experience in stock investments, and over six year experience in investment guidance and support, he believes that balanced asset allocation and goal-focused disciplined investing is the key to achieving investor goals.... more

Asked by Anonymous - Oct 20, 2024Hindi

Money

Hi sir, My age is 31 years i want to make a corpus of 5 crore in 20 years how much money should i invest

Ans: Hello;

You may begin a monthly sip of 50 K in a combination of pure equity mutual funds for 20 years.

You will reach your target of 5 Cr after 20 years assuming modest return of 12%.

Do supplement the monthly sip by investing part of annual bonus, if any, as lumpsum investments.

Happy Investing;

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

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

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HI I M 40 NOW. I WANT A CORPUS OF MINIMUM 1 CR WITHIN 5 YEARS. PLZ UPDATE WHICH MUTUAL FUND SHALL I TAKE AND HOW MUCH FUND TO INVEST MONTHLY.

Ans: It's great to hear about your financial goals. Let's explore how we can achieve a corpus of 1 crore within 5 years:

Considering your time frame and target corpus, we'll need to adopt an aggressive investment strategy.

Mutual funds offer a range of options suited to different risk profiles and investment horizons.

To maximize growth potential, we can focus on equity mutual funds with a proven track record of delivering consistent returns.

A systematic investment plan (SIP) would be ideal for you, allowing you to invest a fixed amount monthly.

By investing regularly in mutual funds, you can benefit from the power of compounding and market appreciation over time.

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As a Certified Financial Planner, I recommend conducting thorough research or seeking professional advice to identify suitable mutual funds.

Additionally, consider diversifying your investments across multiple funds to spread risk and optimize returns.

Regularly reviewing your portfolio's performance and adjusting your investment strategy as needed is essential to stay on track towards your goal.

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Question by Krishnendu - Oct 31, 2024Hindi

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Hi, I am 45 years old and my monthly income is Rs. 1,15,000, i want ro build a corpus of 3 crores by 2030. I dont have any liabilities and my current monthly family expenses are 40K. Kindly suggest how much should I invest from my salary to achieve this target.

Ans: Hello;

The monthly sip required to generate 3 Cr corpus in 5 or 10 years is 3.75 L and 1.30 L respectively.

However for 15 years tenure you can make a monthly sip of 60 K into a combination of pure equity funds to reach 3 Cr target.

12% modest return considered from pure equity mutual funds.

Happy Investing;

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

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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