Hi, I am Rakesh, Please advice me of which One time Mutual Fund provides me monthly return, and I want to invest it in SIP too?

Ans: Hello and thanks for writing to me. As your goal is capital appreciation and wealth creation over the long term, you can consider starting monthly SIP' of Rs.1,400 in each of these funds:

1-DSP Quant Fund
2-Edelweiss NIFTY 100 Quality 30 Index Fund
3-SBI Focused Equity Fund
4-SBI Magnum Global Fund
5-UTI Focused Equity Fund

Ans: Considering your investment horizon of 10 years and the desire to invest Rs. 10,000 per month through SIP, it's prudent to opt for mutual funds that offer a balanced approach between growth potential and risk mitigation. You may consider investing in a diversified equity fund or a flexi-cap fund that provides exposure to a mix of large-cap, mid-cap, and small-cap stocks. These funds have the potential to deliver attractive returns over the long term while spreading the risk across various market segments. Additionally, you can explore funds with a consistent track record of performance and low expense ratios to optimize your investment outcomes. Consulting with a financial advisor can help tailor the investment strategy to your specific financial goals and risk profile.

Ans: Hello Yogeshwari & thanks for writing to me. Assuming you are able to generate XIRR of 12%, you need to invest around Rs.45,000 ever month to create a corpus of 1 Crore in 10 years.

By investing Rs.30,000 every month, you will be able to generate the Rs.1 Crore corpus in around 13 years.

You can consider investing around 20% of your monthly investments in multi cap funds, 40% in small cap funds & 40% in mid cap funds. Investing in small & mid cap funds can be more volatile but these funds also have the ability to generate higher returns when compared to large cap funds.

After around 5 to 6 years, you can stop your SIP's in the above funds and invest in a mix of large cap funds & hybrid funds, which may generate potentially lower returns as compared to small & mid cap funds but also reduce volatility in your portfolio.

Note that the above suggestions are written assuming that you are comfortable with the volatility associated with different asset classes.