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Nikunj Saraf |308 Answers |Ask -Follow

Mutual Funds Expert - Answered on Nov 10, 2022

Nikunj Saraf has more than five years of experience in financial markets and offers advice about mutual funds. He is vice president at Choice Wealth, a financial institution that offers broking, insurance, loans and government advisory services. Saraf, who is a member of the Institute Of Chartered Accountants of India, has a strong base in financial markets and wealth management.... more

Question by Chandan on Nov 10, 2022Hindi

Money

Hi sir, please give me your expert opinion to build corpus of 2-3 cr in next 15 year with 60K of monthly MF SIPs (or STPs) in all categories. Also lump sum of around 10Lakh, what are the options to invest in MF for long term up to 20 years to help my daughter for her education, marriage etc.

Ans: Hello Chandan. It looks like you're headed in the right direction with your 2CR corpus and SIP vision.

For your child's education and marriage, I recommend investing via STP rather than lump sum to take advantage of future market volatility. Consider flexi, mid, and small cap categories for STP/SIP.

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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I am a 39 years old person, looking at building corpus in next 10-15 years by investing in MFs. As of now i am into the below SIPs. Kindly advise, whether i am on track or any suggestion.

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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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