Recently, I have taken 30,00,000 rupees as home loan with tenure of 20 years. However I want to close the loan ASAP. I want to pre-close the loan in 10 years. How much amount should I invest monthly and also please suggest what are the best MFs to invest to meet my goal.
Target amount is Rs 20,00,000.
Ans: Kindly let me know the tenure you would like to invest, considering it 10 years, These funds can be considered -- each SIP of Rs. 2000 i.e. Rs. 8000 per month for 10 years
- Axis ESG Fund - Growth
- Samco Flexi-cap Growth
- Parag Parekh Flexi cap Growth
- SBI Magnum Global Fund - Growth