I had been reading your inputs on rediff.com and learning a lot from them in investment in mutual funds. 

I request you to pls suggest me a few things to make my corpus of 1 Cr in the next 10 years. 

1- How much money every month I have to invest?? 

2- Which are the mutual funds SIP plans in which i should invest? 

3- Any other method of investment is suggest for making a corpus of 1Cr in next 10 years. 

Thanking in advance and Awaiting your reply

Ans: These funds are fine; please continue

Ans: Hello Rajiv, thanks for writing to me. I generally only discuss mutual funds. You should consider getting professional advise when it comes to other asset types and allocation depending on your own risk tolerance and preferences.

Broadly speaking, you need to invest Rs.45,000 every month to build a corpus of Rs.1 Crore.

You can consider beginning monthly SIP's in:

1-Edelweiss NIFTY 100 Quality 30 Index Fund-Rs.15,000.
2-Axis ESG Fund-Rs.15,000
3-UTI MNC Fund-Rs.15,000

Ans: • To achieve a target corpus of Rs. 1 crore in three years, considering an expected return of 9% to 10% through hybrid funds, you would need to make a lump sum investment of approximately Rs. 75.13 lakhs. Alternatively, if you opt for a Systematic Investment Plan (SIP), the monthly contribution required would be around Rs. 2.37 lakhs.

• These calculations are based on the assumption that hybrid funds could generate returns within the specified range. However, it's essential to note that all investments carry inherent risks, and market conditions can vary.

• While these figures provide a general estimate, it is highly advisable to consult with a financial advisor. A financial advisor can analyze your risk tolerance, income, expenses, and overall financial situation to create a personalized investment plan aligned with your specific goals. Their expertise is invaluable in fund selection, portfolio management, and ensuring that your investment strategy is tailored to your unique circumstances.

For better financial assistance, seek financial counseling for personalized guidance based on your time frame, goals, and risk appetite.