Thanks for your kind help for all who asks your suggestions. Sir, I'm 42 years, I'm new to investment world, i have no savings till now, I'm married. I'm into small business, i have a son 4 yrs old. Sir I need your help. i don't know any terms regarding sip stocks to speak. i would like to invest 20 k per month for 15 yrs for future needs and my retirement. kindly give me a plan so that i could save something for my family. Sir, i want 1.5 cr for 15 years, if you suggest me to increase my investment i can stretch. Kindly advise me sir. Thank you and GOD BLESS YOU SIR
Ans: Dear Sir, an investment of Rs 25,000 per month is required to meet the goal in 15 years. However, with Rs 20,000 also a decent corpus of Rs 1.3 crs can be created.
The funds that you may consider are:
- Samco Flexi Cap Fund -- Growth
- Axis Esg Equity Fund Regular Growth
- Uti Flexi Cap Fund – growth
- Hdfc Index Fund -- Sensex Plan -- Growth