I have invested in below mutual funds via SIP from Jan 2018 and will continue the investment for another 12-13 years.
I want to build a Retirement Corpus of 4 to 5 crores.
My risk profile is Aggressive/Moderate and want a mix of Equity & Debt Funds.
My current portfolio is as follows:
1) Aditya Birla Sunlife Focussed Equity Fund-Growth - 2000 per month
2) L & T Midcap Fund Cumulative - 2000 per month
3) Mirae Asset Large Cap Fund -Growth - 2000 per month
4) SBI Magnum Multicap Fund - Growth - 2000 per month
5) Sundaram Rural Consumption Fund Regular Growth - 2000 per month.
6) Axis Bluechip Fund G - Direct Plan - 2000 per month (This is only 5 Months Old SIP)
Please suggest if i want to increase the current SIP amount of 12000 per month to reach the goal & if the above portfolio needs to be tweaked to better funds.
SIP of Rs. 12K can build a corpus of Rs. 60 lakhs only in 15 years … for 4 to 5 crs , SIP amount needs to be Rs. 75000 to Rs. 100000
