I want to invest lumsum for 10 years to get corpus of 5cr can u suggest good icici funds and how much amount to invest
Ans: You want to invest a lump sum for 10 years to achieve a corpus of Rs 5 crores. This is a substantial target and requires a well-planned strategy.
Choosing the Right Funds
Actively managed funds often outperform index funds. They offer the potential for higher returns through expert fund management.
Benefits of Regular Funds
Investing through a Certified Financial Planner provides personalized advice. Regular funds offer access to professional management and support.
Estimating Investment Amount
Without specific calculations, it's essential to invest a substantial lump sum. Given market volatility, aim for a diversified portfolio to balance risk and return.
Fund Recommendations
While I can't name specific funds in an online forum like this, ICICI offers several quality funds. Look for a mix of large cap, mid cap, and multi-cap funds. This diversification helps manage risk and maximize returns.
Final Insights
Investing a lump sum requires careful planning. Consult a Certified Financial Planner to determine the exact amount needed. A diversified portfolio in actively managed funds can help achieve your goal.
Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in