Thank you so much sir, could you please suggest, what percentage we have increase our investment to reach our goal.

Ans: Hello Vipin Mishra. To achieve 2 cr in 7 years, it is assumed that the expected return as 14% CAGR, also the investment is 1.36L on monthly basis. You may consider categories like midcap, small cap & flexi cap with high risk appetite.

Below are some funds can be considered:

• Nippon India Growth Fund
• PGIM India Mid-Cap Opportunities
• Kotak blue chip
• Canara Robeco emerging equities

Ans: You have invested in equity-oriented funds which need a long-term investment horizon to become stable and deliver good returns as they face more volatility in comparison to debt category.

Your accumulation expectations are unrealistic. You cannot accumulate Rs 1 Crore by investing Rs 13,000 a month for 6 years – you would need to invest about Rs 95,000 per month.

Ans: It's great that you're planning ahead for your financial future. To determine how much more you need to invest to reach your target of 3 Crore by 2036, we'll need to consider several factors:

Investment Horizon: You mentioned that your target is to reach 3 Crore by 2036. This gives us a timeline of 15 years from now.
Expected Returns: While historical returns can give an indication, it's essential to be realistic about future returns. Depending on the asset allocation of your investments, you can estimate an average annual return.
SIP Contribution: You're currently investing 22,000 per month through SIPs, which is a good start. We'll need to calculate how much additional monthly investment is required to reach your target.
Inflation: Consider the impact of inflation on your target amount. Adjusting for inflation will ensure that your target amount maintains its purchasing power over time.
Review and Adjust: Regularly review your investment portfolio and adjust your contributions if necessary based on changes in your financial situation, market conditions, and progress towards your goal.
Without specific details about your current SIP investments, expected returns, and inflation rate, it's challenging to provide an exact figure for additional investment required. However, you can use online SIP calculators or consult with a financial advisor to determine the optimal investment amount to reach your target.

Remember, achieving long-term financial goals requires consistency, patience, and disciplined investing. Stay focused on your objectives, monitor your progress regularly, and make adjustments as needed to stay on track towards your target.

Best wishes for your financial journey!

Ans: Welcome!
I appreciate your trust and willingness to connect.
Let's embark on this financial journey together.
You can reach me through my website mentioned below.
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Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in