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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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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.

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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.

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If satisfied, please like and follow me.
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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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