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Nikunj Saraf | Answer |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 hv just started my investment in MFs. I am 24yrs and want to make a corpus of Rs. 3 to 4 Cr by investing in MFs in 20 to 25 yrs. Pls guide me how can I achieve my target. DSP MID CAP Rs 5KCANARA ROBECO EMERGING (R) G Rs 5K AXIS MID CAP Rs 3K SBI FOCUSED EQUITY (R) G Rs 5K ICICI PRU FLEXICAP G Rs 5K AXIS ESG FUND Rs 10K I CAN ALSO INVEST IN LUMP SUM OF RS. 2.00LAC. Looking forward to your advice. Omkeshwar Singh Please continue and yes you may invest Rs. 2 lakh as lump sum proportionally in all the above funds. Abhsihek Sarin: This is in regards to your Ask MF Guru section on Rediff.com. Requesting your advice on and review of the following investments. I have recently started a mutual fund portfolio at age 25, with monthly SIPs totalling Rs 8500, and targeting a total monthly investment of Rs 10000. The mutual funds I have currently invested in are: Aditya Birla Sun Life Corporate Bond Fund Direct Growth - Rs 3000 monthly SIP Mirae Asset Tax Saver Fund Direct Growth - Rs 1500 monthly SIP Axis Small Cap Find Direct Growth - Rs 1500 monthly SIP ICICI Prudential Technology Direct Plan Growth - Rs 2500 monthly SIP Risk appetite is very high; annual step up is targeted at 15% and the aim is to achieve Rs 1cr corpus in 15 years from today i.e. age 40. Please review the above investments, and also suggest a moderate risk mutual fund to invest the remaining Rs 1500.

Ans: Portfolio is fine and it's good that you have started investing early. For moderate risk you may look at hybrid funds in balanced advantage category.

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Head, Rank MF - Answered on Dec 09, 2022

Question by Guru - Dec 09, 2022Hindi

Money

Hi, I'm 26 year old. I want to build a Corpus of 10 CR, which includes buying a home in 5 years and marriage and children education and also retirement. I'm having investment in the following in monthly wise 1) NPS TIRE 1 2500 Rs 2) NPS TIRE 2 2500Rs 3) postal office PLI 3500 RS 4) SBI Focused equity 1000 Rs 5) health insurance 675 Rs 6) term insurance 2300 Rs I want your suggestion on investing in MFs which includes tax saving also as I fall under 30% bracket with annual CTC 13LPA. I can invest another Rs 15k per month.

Ans: Please let know the duration for each goal.

Rs 15K in 5 years can create a corpus of Rs 12.7 lakh

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Question by Prateek - Mar 24, 2024Hindi

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Hello Ulhas, I am 33 years and I want to start investing in MF with amount 25k per month till next 10-15 years so that I can get a good corpus for my child's education and also retirement . I am also planning to increase the amount each year for this . Can you please help in which type of funds should I invest ( also the company if possible) and how much amount should I increase each year.

Ans: Hello Prateek & thanks for writing to me. As your goal is long term, you can consider investing in equity schemes for around 10 to 12 years, stop your SIP's in equity funds & begin SIP's in balanced advantage funds & multi asset funds for the remainder 3 to 4 years.

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Question by niraj - Jan 08, 2025Hindi

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i am 30 years and want to retire at 45 with 3 lakhs monthly income.my present mf corpus is 40 lakhs and xirr 13%. how much should be the corpus and for that how much monthly investment in mfs.??till 45 years of age.

Ans: Hello;

Current MF corpus(40 L) may grow into 2.19 Cr after 15 years.

You need a sum of 10.5 Cr to generate post-tax monthly income of 3 L.

So for generating balance corpus of 8.31 Cr you may start a flat monthly sip of 1.55 L or begin with a monthly sip of 1 L with 10% step up every year for 15 years.

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hi, my daughter is 35 with a mf corpus of 1 cr.she wants to retire at 45 with a monthly income of 3 lakhs.what should be her corpus at 45 for that and how much she should invest monthly for that till 45.

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She will need a corpus of 10.5 Cr to generate a post-tax monthly income of 3 L.

It is considered that she might invest corpus in a equity savings type mutual fund with "low to moderate" or "moderate" risk rating.

A 4% SWP will provide her income above 3 L(post-tax)and indexed to inflation.

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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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