Hi Vivek my name is Anand and Iam 48 yrs old. I am investing monthly 32165/- in the following funds.
DAY
AMT
SCHEME
1
1000 SBI Small Cap Fund-Direct-Growth
2
1000 Kotak Emerging Equity Fund - Direct Plan - Growth
1000 DSP Midcap Fund-Direct-Growth
1000 Mirae Asset Large Cap Fund Direct Plan Growth
1000 BANDHAN Sterling Value Fund-Growth-(Direct Plan)
6
7
1000 SBI Small Cap Fund-Direct-Growth
8
9
1250 Kotak Emerging Equity Fund - Direct Plan - Growth
10
1250 Mirae Asset Emerging Bluechip Fund - Direct Plan - Growth
11
1250 DSP Midcap Fund-Direct-Growth
12
1250 Mirae Asset Large Cap Fund Direct Plan Growth
13
1000 BANDHAN Sterling Value Fund-Growth-(Direct Plan)
14
15
1000 SBI Small Cap Fund-Direct-Growth
16
1250 Kotak Emerging Equity Fund - Direct Plan - Growth
17
1250 DSP Midcap Fund-Direct-Growth
18
1250 Mirae Asset Large Cap Fund Direct Plan Growth
19
1000 BANDHAN Sterling Value Fund-Growth-(Direct Plan)
20
1250 Mirae Asset Emerging Bluechip Fund - Direct Plan - Growth
21
1000 SBI Small Cap Fund-Direct-Growth
22
23
24
1000 Kotak Emerging Equity Fund - Direct Plan - Growth
25
1000 DSP Midcap Fund-Direct-Growth
26
1000 SBI Small Cap Fund-Direct-Growth
27
1000 BANDHAN Sterling Value Fund-Growth-(Direct Plan)
28
1000 Mirae Asset Large Cap Fund Direct Plan Growth
I am planning for next 10 years and how much corpus can I get after 10 years.
Ans: Anand! It's great to see your commitment to investing for the future. Planning for the next 10 years is a wise move, and with your regular investments in diversified mutual funds, you're on the right track to building a substantial corpus.
To estimate the potential corpus after 10 years, we need to consider several factors such as the expected average annual return rate of the funds, any additional contributions you may make, and the compounding effect of your investments over time.
Since you've invested in a mix of small-cap, mid-cap, large-cap, and value funds, it indicates a diversified approach aimed at optimizing returns while managing risk.
To provide a precise estimate, it's advisable to use a mutual fund calculator or consult a financial advisor. They can input the specific details of your investments, including the current value, expected returns, and future contributions, to forecast the potential corpus after 10 years.
Remember, while forecasting future returns is essential for planning, it's equally crucial to stay invested consistently, review your portfolio periodically, and make adjustments as needed to stay aligned with your financial goals and risk tolerance.
Keep up the disciplined approach to investing, and you'll likely see your investments grow significantly over the next decade.
