Home > Money > Question

Sign In | Create an account

Language:

Now in हिन्दी too

Need Expert Advice?Our Gurus Can Help

Ulhas Joshi | Answer |Ask -Follow

Mutual Fund Expert - Answered on May 29, 2023

With over 16 years of experience in the mutual fund industry, Ulhas Joshi has helped numerous clients choose the right funds and create wealth.
Prior to joining RankMF as CEO, he was vice president (sales) at IDBI Asset Management Ltd.
Joshi holds an MBA in marketing from Barkatullah University, Bhopal.... more

Question by Metesh on Feb 15, 2023Hindi

Listen

Money

Hi i am looking at building a corpus of 10 cr in the next 10 to 12 years... My current portfolios value is 72 lacs.. and my monthly sip value is around 70k ..which will increase by 10 % YOY.. I am investing in 1) SBI small cap fund 2) mirae asset emerging bluechip 3) axis midcap 4) canara robeco emerging 5) ICICI pru nifty 50 6) parag Parikh flexi 7) quant large and midcap 8) SBI focussed equity 9) SBI equity hybrid 10) quant absolute fund Please let.me.know are the funds fine and what changes are required to reach the intended target...of 10 cr.

Ans: Hello Metesh and thanks for writing to me.

Assuming the current portfolio of Rs.72 Lakh compounds at 13% per annum, the future value of the current investment is Rs.3.1 Crore after 12 years.

To then create a corpus of Rs.6.9 Crore after 12 years, you need to invest Rs.1.4 Lakh every month with annual step ups of 10% to create your goal corpus of Rs. 10 Crore after 12 years.

Please share your risk preferences to evaluate suitable schemes.

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.

MoneyReply

You may like to see similar questions and answers below

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Sep 15, 2022

Question by Sagar - Sep 15, 2022Hindi

Listen

Money

I am 35 years old. I want to build a corpus of 2-3crore over a period of next 10 years. Currently I am investing Rs 42,000 every month. Could you please suggest my current SIP is good or not and also if further investment required? My current SIP: 1. Parag Parikh Flexi Cap Fund Direct Growth - 9000. 2. Mirae Asset Emerging Bluechip Fund Direct Growth - 9000. 3. Axis Midcap Direct Plan Growth - 7000. 4.SBI Multicap Fund Direct Growth - 6000. 5. Axis Bluechip Fund Direct Plan Growth - 6000. 6. Nippon India Flexi Cap Fund Direct Growth - 5000. Please suggest and help.

Ans: With investment of Rs 42,000 per month the corpus that can get created is Rs 1.1 crore in 10 year.

No need to add any new funds, you can increase investment in same schemes or do annual step up .

Nikunj Saraf |308 Answers |Ask -Follow

Mutual Funds Expert - Answered on Mar 18, 2023

Question by Metesh - Feb 04, 2023Hindi

Listen

Money

Hi Nikunj I'm looking at creating a corpus of 10 cr in next 10 years....currently the value of my portfolio is around 71 lacs and i have a monthly SIP of 65k in axis , midcap, canara robeco emerging, ICICI pru bluechip, ICICI nifty 50, mirae asset emerging bluechip, quant flexi cap, sbi small cap, sbi focussed equity and sbi equity hybrid fund... Are these good enough or what strategy should I take going forward..

Ans: Hello Metesh. Overall your portfolio report sounds very promising. I must say that you have conducted thorough research on the market. The sbi focused equity scheme may need to be reconsidered in comparison to peer schemes. Furthermore, in addition to achieve a corpus of 10 crores in the coming years, I would suggest you increase your sip and include an annual add-on to your current sip amount. In view of the fact that 65k sip will not suffice to accomplish your goals.

Nikunj Saraf |308 Answers |Ask -Follow

Mutual Funds Expert - Answered on Mar 18, 2023

Question by girish - Feb 14, 2023Hindi

Listen

Money

Good afternoon. I want to create of corpus of 2 crores in 10 years. Presently I have a corpus of 5 lakhs in these mutual funds where I invest monthly 12000/- as follows: Franklin India Smaller Companies Fund - 2000/- HDFC Mid-Cap Opportunities Fund - Regular Plan - 2000/- HDFC Small Cap Fund - Direct Growth Plan -2000/- Mirae Asset Emerging Bluechip Fund - Direct Plan - Growth -2000/- SBI Blue Chip Fund - Regular Plan Growth -4000/- Please suggest the changes to be made to reach my target. Thank you.

Ans: Hello Girish. Your portfolio report is in good shape. From your current 12k sips per month, I would suggest increasing it to 60-70k sips per month to achieve the corpus of 2 Cr in 10 years. A better peer group scheme should be considered instead of the Small cap category schemes i.e. Franklin and HDFC. For your future investment, you may include Multicap category in your portfolio.

Latest Questions

Dr Dipankar Dutta |1136 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Apr 15, 2025

Asked by Anonymous - Mar 05, 2025Hindi

Listen

Career

Hello sir , im an neet dropper preparing for 2025 . My marks are coming like 280 - 310 . I just want 550+ marks , can i get it in 60 days my syllabus about to finish , im very tensed sir and moreover my question practice is less too , i don't get time to revise physics and practice as i have test one day then gap and again test , so sur please help me atleast get 550+ marks . Its very difficult for me to think straight my parents have lot of expectations

Ans: Target: 550+ Marks
Biology: 340+ (Out of 360)

Chemistry: 140+ (Out of 180)

Physics: 70+ (Out of 180)

Stop over-stressing about tests. Use them to identify weak areas.

You are not alone — many NEET toppers had the same fears. They turned it into fuel, not fear.

Talk openly with your parents — they love you and will support you no matter what.

Focus on daily progress, not the big target.

Sleep well, eat light, and stay hydrated.

Resources You Can Use:
Biology: NCERT + MTG NCERT at Your Fingertips + Previous Year Questions.

Chemistry: NCERT + N Awasthi (Physical), M S Chauhan (Organic), NCERT Qs (Inorganic).

Physics: NCERT summary + DC Pandey objective questions + PYQs (NEET Focused).

Please remember: You're already much closer to your goal than you think. You just need direction, not perfection. My daughter will give NEET this year. Good luck

Samraat Jadhav |2251 Answers |Ask -Follow

Stock Market Expert - Answered on Apr 14, 2025

Asked by Anonymous - Apr 14, 2025Hindi

Listen

Money

In 1995 Dec 2 i have received 100 Debenture in jindal vijayanagar steel. What is status right now?

Ans: The NCDs issued in 1995 were scheduled for redemption in installments over the 6th to 9th years, concluding by 2004. If you haven’t received the redemption amounts, it’s possible that the payments were returned due to address changes or other issues .
Reach out to JSW Steel’s Investor Relations or their Registrar and Transfer Agent (RTA) to inquire about the status of your debentures. Provide details like your folio number, certificate numbers, and any correspondence received.
If the debenture amounts remain unclaimed, they might have been transferred to the Investor Education and Protection Fund (IEPF). You can search for unclaimed amounts on the IEPF website.

Rajesh Kumar Singh |284 Answers |Ask -Follow

IIT-JEE, GATE Expert - Answered on Apr 14, 2025

Question by Binod - Mar 28, 2025Hindi

Listen

Career

AI aa jaane ke baad computer science ka demand b tech me rahega??

Ans: Demand will be lesser

Rajesh Kumar Singh |284 Answers |Ask -Follow

IIT-JEE, GATE Expert - Answered on Apr 14, 2025

Asked by Anonymous - Mar 28, 2025Hindi

Listen

Career

Sir can i get nit ece or civil branch with 89.72 percentile in jee mains and i am an ews female student . Domicile state is AP

Ans: May be in home state

Rajesh Kumar Singh |284 Answers |Ask -Follow

IIT-JEE, GATE Expert - Answered on Apr 14, 2025

Asked by Anonymous - Apr 05, 2025Hindi

Listen

Career

I GOT 96 PR IN JEE MAINS JANUARY ATTEMPT..I AM GENERAL EWS CANDIDATE..I Don't know what to do next?..should I drop to get better score or to take any random college..I am feeling very insecure about my future...I Had study alot still can't achieve good score...Should I change my career to any other field..Please help me

Ans: Try tier 2 college

Rajesh Kumar Singh |284 Answers |Ask -Follow

IIT-JEE, GATE Expert - Answered on Apr 14, 2025

Asked by Anonymous - Apr 08, 2025Hindi

Listen

Career

I got 95.06 percentile in jee mains 2025 ( the second one I am not expecting it to be better). I would be scoring 90+ in boards surely and in advance I am scoring around 190-210 ..... what other options do i have at jee mains score . Also i have filled forms for comdek,bitsat,vit,ugeee

Rajesh Kumar Singh |284 Answers |Ask -Follow

IIT-JEE, GATE Expert - Answered on Apr 14, 2025

Question by Harshit - Apr 10, 2025Hindi

Listen

Career

Can a obc student with 90 percentile in jee mains get nit ??

Ans: May be in home state

Rajesh Kumar Singh |284 Answers |Ask -Follow

IIT-JEE, GATE Expert - Answered on Apr 14, 2025

Asked by Anonymous - Apr 13, 2025Hindi

Listen

Career

I GOT 86 PERCENTILE IN JEE MAINS, I LIE IN SC CATEGORY, HOMESTATE- WEST BENGAL. WHICH BRANCH CAN I GET IN NIT DURGAPUR.

Ans: May be electrical, ceramics, civil

Rajesh Kumar Singh |284 Answers |Ask -Follow

IIT-JEE, GATE Expert - Answered on Apr 14, 2025

Asked by Anonymous - Apr 13, 2025Hindi

Listen

Career

My daughter may get seat CSE in MNIT allahabad DASA quota. fees around 28 lakhs total and DA IICT ICT program with SAT scrore fees around 34 lahks . Which one should I prefer

Ans: DA IICT ICT program with SAT scrore is better

Rajesh Kumar Singh |284 Answers |Ask -Follow

IIT-JEE, GATE Expert - Answered on Apr 14, 2025

Asked by Anonymous - Apr 14, 2025Hindi

Listen

Career

Sub: Education (Engineering) Sir / Madam Please recommend a short time (5-6 weeks) course on basic Python which will help student to get an understanding on the forthcoming semesters learning. Online / offline mode; anything as you feel good. For offline, location - Kolkata. My daughter will be completing 1st year (2nd Sem) computer engineering with data sc specialization by early May and want to utilise the upcoming summer vacation. (Note: 1st year dealt with basic engineering and basic Science subjects primarily, nothing much wrt Computer Engineering / DS). Regards

Ans: MCSE Course Better, find similar course at Kolkata

See more questions »

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.

Video Reply
Audio Reply

WhatsApp
Facebook
Twitter
Copy link

Delete

Close

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus

Sign up

email

uname

mobile no

Country Code

Mobile number

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

LOGIN

x