Hi invested 1 lakh amount in Nippon India Small cap, what corpus can be expected after 30 years?
Ans: It's impossible to predict the exact corpus you'll have after 30 years with Nippon India Small Cap Fund (or any mutual fund) due to several factors:
Market Fluctuations: Stock markets are inherently volatile. Past performance doesn't guarantee future returns.
Fund Performance: The fund's future performance significantly impacts your corpus.
Here's what we can do instead:
Historical Performance: Nippon India Small Cap Fund has historically performed well. However, past performance doesn't guarantee future results.
SIP Calculator: Use Nippon India Mutual Fund's SIP calculator (https://mf.nipponindiaim.com/knowledge-center/tools/sip-calculator) to estimate potential returns based on different investment periods and assumed rates of return. Remember, these are just estimates.
Seeking Professional Advice: Consulting a Certified Financial Planner (CFP) can be beneficial. They can consider your risk tolerance, investment goals, and overall portfolio to suggest a suitable investment strategy.
Important to Remember: Focus on long-term wealth creation through disciplined investing. Stay diversified and avoid making investment decisions based solely on predicted returns.
Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in