I am invested in following fund
1. Parag parikh flexi cap fund - 10k
2. Axis Bluechip fund - 2.5k
3. UIT Nifty 50 Index fund - 10k
Investment term - 10 to 15 years.
Current XIRR around 12%
Will I be able to generate amount of 1cr in 10 to 15 years of time period?
Ans: Given your current investments and a 10-15 year horizon, achieving a corpus of 1 crore is feasible, considering historical market performance. However, it's essential to regularly review and adjust your portfolio, considering market conditions, fund performance, and your evolving financial goals. Consult with a financial advisor for personalized guidance tailored to your risk tolerance and investment objectives.