Currently I am having below Monthly SIP's (26K) and my Current value of investment so far is 22 lakh out of these investments.

Edelweiss Mid Cap Fund -- 2000

Kotak Emerging Equity Fund -- 3000

Motilal Oswal Midcap Fund -- 2000

Nippon India Growth Fund -- 3000

SBI Magnum MidCap Fund -- 2000

Baroda BNP Paribas Mid Cap Fund -- 1000

DSP Dynamic Asset Allocation Fund -- 1000

DSP Tax Saver Fund -- 2500

HDFC Small Cap Fund -- 1000

IDFC Tax Advantage (ELSS) Fund -- 2500

L&T Midcap Fund -- 1000

Nippon India Tax Saver Fund -- 2500

Aditya Birla Sun Life Tax Relief 96 Fund -- 2500

What would be my approximate corpus after 10 years?

Ans: Funds are decent and the corpus that can get created with above investment in 10 years is Rs 37 lakh therefore for a corpus of Rs 1 cr in 10 years, monthly investment of Rs 40000 / - or additionally Rs 25000 per month.

Ans: It is really great to see that you have started to plan for your post-retirement life and you have accumulated ample amount till now.

If you continue in the same way with a monthly SIP of Rs. 80,000, I am convinced that you will have enough corpus to support yourself throughout retirement.

Accumulated corpus in 8 years with monthly investment of 80,000 and present value 1.09 Crore will likely be 4.12 Crores. Rate of return considered for the calculation is 12% CAGR.

Assuming that you want to maintain your current monthly expense of ₹1 lakh in retirement, it is important to factor in inflation, which will erode the value of your money over time.

Since you have other avenues as well to support your expenses, this will help to create a heftier corpus.

Recommendations:
• Invest in a mix of equity and debt mutual funds to diversify your portfolio and reduce risk.
• Rebalance your portfolio regularly to maintain your appropriate asset allocation as per your requirement.
• Consult with a financial advisor to develop a comprehensive retirement plan.

Ans: Captain Kukreja, your commitment to investing is commendable! Estimating the corpus after 10-12 years requires considering various factors like market performance, fund performance, and consistency of investments. However, with your diversified portfolio and regular investments, you're on the right track towards building a substantial corpus.

To get a more accurate estimate, consider the historical performance of your selected funds, the expected rate of return, and the compounding effect over time. Additionally, review your investment strategy periodically and make adjustments as needed to stay aligned with your financial goals.

Consulting with a Certified Financial Planner can provide personalized projections based on your investment portfolio and risk tolerance. They can help optimize your investment strategy to maximize returns and achieve your long-term financial objectives. Keep up the disciplined investing, and your efforts will likely yield significant results over time.