I frequently invest money in these funds. a. Quant active fund b. Quant flexicap fund c. Quant small cap fund d. Mirae asset emerging bluechip fund. I invest approximately Rs 24000 every month in these four funds. Are these good for creating a corpus of Rs 25 lakh in 15 years or do I need to go for some other funds?

Ans: To determine if your current investments will help you achieve a corpus of Rs 25 lakh in 15 years, we need to consider several factors: the expected rate of return on your investments, the consistency of your monthly contributions, and the power of compounding.

Here's a step-by-step approach:

1. Monthly Investment: Rs 24,000
2. Investment Duration: 15 years
3. Expected Rate of Return: This varies by fund, but let's use a conservative estimate based on historical performance. Equity mutual funds in India have historically provided an average return of about 12-15% annually. For a conservative estimate, we'll use 12%.

Calculation:

Using the formula for the future value of a series of monthly investments (an annuity), we can calculate the future value of your investments.

The formula is:

FV=P× [(1+r)(power of n) – 1/r] × (1+r)

Where:

• FV is the future value of the investment.
• P is the monthly investment amount.
• r is the monthly rate of return (annual rate divided by 12).
• n is the total number of investments (months).

Calculation with Python

Let's perform this calculation using Python for precision.

Based on the calculation, with a monthly investment of Rs 24,000 over 15 years at an expected annual return of 12%, the future value of your investments would be approximately Rs 1.21 crore (Rs 1,21,09,824).

Conclusion:
• Your current investment plan is well above your target corpus of Rs 25 lakh in 15 years, given the assumed rate of return of 12%.
• Even if the returns are slightly lower, say around 10%, you would still comfortably exceed your target.

Fund Analysis:

• Quant Active Fund
• Quant Flexicap Fund
• Quant Small Cap Fund
• Mirae Asset Emerging Bluechip Fund

These funds have generally performed well historically, but it's always important to review their performance periodically. Diversifying across different fund categories (large-cap, mid-cap, small-cap, flexi-cap) helps in balancing the risk and returns.

Recommendations:

1. Continue Monitoring: Keep track of the performance of these funds and the market conditions. Adjust if necessary.
2. Diversification: Ensure your portfolio is diversified across different asset classes to manage risk.
3. Review Periodically: Review your investments at least annually to ensure they are aligned with your financial goals.

In conclusion, your current investment plan looks robust and is set to exceed your target corpus significantly, provided the market performs in line with historical averages.