Hello sir, now I am at 38 yrs. I want to create a Corpus of rs. 1cr. In next 10 yrs. Please help me that what percentage I should maintain in different types of MF/SIP and assets allocation with other investment tools like gold etc.

Ans: For, achieving this target your thought process is correct. This target can surely be achieved in the next 15 years. By taking an average CAGR 14 per cent annualised, which is currently the average return in last 15 years given Indian growth-based mutual funds, this target is surely achievable. Seeing India's bright future ahead in terms of economic growth, the best mutual funds for this aim will be growth-based stock mutual funds.

Ans:

1. Monthly Investment of Rs 40,000 is required to create a corpus of Rs 1 cr with a CAGR of 13%
2. Portfolio that you may consider for investment is as under:

a)   UTI Flexi Cap – Growth

b)  Parag Parikh Flexi- Cap Growth

c)   Axis ESG Equity Fund – Growth

d)  DSP Mid Cap Fund – Growth

1. The required corpus can be created in investment into direct equity of equity oriented mutual funds; depending upon your expertise and exposure you may choose the option better suited for yourself.

Ans: Hello Value Investors. Your portfolio appears to have targeted only a few AMCs, based on an analysis of your portfolio. Although the AMC has provided excellent performance, there is still the possibility of overlap. It would be a good idea to reshuffle your portfolio. Yet, The schemes are well chosen in your portfolio.

Moreover, in order to achieve a corpus of 3 crores in 10 years, I would advise you to increase your SIP from 35k to 1 lakh. Assuming that your investment will commence in 2023. If you have already accumulated some lumpsum amount through sip. The suggested monthly sip amount may reduce from 1 Lakh.

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.