Hi, I am 27 now and want to start a SIP. I want to achieve 14 Lakhs in 4 years. Please help me in which MF, I should start investing and what is the percentage ratio. My salary is around 50k per moth.

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Mutual Funds Expert - Answered on Mar 01, 2023

Question by Samrat on Feb 23, 2023

Hi, I am 27 now and want to start a SIP. I want to achieve 14 Lakhs in 4 years. Please help me in which MF, I should start investing and what is the percentage ratio. My salary is around 50k per moth.

Ans: Hello Samrat. To achieve a corpus of 14Lakhs in 4 years, you may invest 20-22K in monthly sip. With your age factor and said time horizon, I would suggest to invest in categories like Large Cap, Large & Mid cap, and Flexi cap categories. You may consider high proportion in Large & mid cap categories.

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Question by Samrat - Feb 27, 2023

Hi, I am 27 now and want to start a SIP. I want to achieve 15 Lakhs in 4 years. Please help me in which MF, I should start investing and what is the percentage ratio. My salary is around 50k per moth.

Ans: Hello Samrat. I would suggest to start a monthly sip of 20-25k to achieve a goal of 15 Lakhs in 4 years. In accordance to your requirement , I would recommend to invest in categories like Balance Advantage , Large cap, Large & Midcap and Flexicap etc.

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Question by Pankaj - Sep 27, 2022

I am 39. I WANT 2 CRORE IN 7 YEARS TIME FRAME. KINDLY ADVISE HOW MUCH TO INVEST MONTHLY IN SIP MF AND IN WHICH SHALL I INVEST.

Ans: Hello Pankaj, Considering all factors, I suggest you start investing approx Rs 1.36 Lakh monthly sips to reach the target corpus.

If you wish, you can add some funds annually to reach Rs 1.36 lakh in sip investments. Listed below are some schemes you may find useful in achieving your future goals.