I hv just started my investment in MFs. I am 24yrs and want to make a corpus of Rs. 3 to 4 Cr by investing in MFs in 20 to 25 yrs. Pls guide me how can I achieve my target.
DSP MID CAP Rs 5KCANARA ROBECO EMERGING (R) G Rs 5K
AXIS MID CAP Rs 3K
SBI FOCUSED EQUITY (R) G Rs 5K
ICICI PRU FLEXICAP G Rs 5K
AXIS ESG FUND Rs 10K
I CAN ALSO INVEST IN LUMP SUM OF RS. 2.00LAC.
Looking forward to your advice.
Omkeshwar Singh Please continue and yes you may invest Rs. 2 lakh as lump sum proportionally in all the above funds.
Abhsihek Sarin: This is in regards to your Ask MF Guru section on Rediff.com. Requesting your advice on and review of the following investments.
I have recently started a mutual fund portfolio at age 25, with monthly SIPs totalling Rs 8500, and targeting a total monthly investment of Rs 10000. The mutual funds I have currently invested in are:
Aditya Birla Sun Life Corporate Bond Fund Direct Growth - Rs 3000 monthly SIP
Mirae Asset Tax Saver Fund Direct Growth - Rs 1500 monthly SIP
Axis Small Cap Find Direct Growth - Rs 1500 monthly SIP
ICICI Prudential Technology Direct Plan Growth - Rs 2500 monthly SIP
Risk appetite is very high; annual step up is targeted at 15% and the aim is to achieve Rs 1cr corpus in 15 years from today i.e. age 40.
Please review the above investments, and also suggest a moderate risk mutual fund to invest the remaining Rs 1500.