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Head, Rank MF - Answered on Jan 06, 2021

Asked on - Jan 06, 2021Hindi

I am 43 yr. old & have following SIPs going as per the duration below. My horizon is next 5-10 years & want to build a corpus of 1 Cr for retirement. Please suggest if this OK. Risk Acceptance - Medium. Mutual Fund SIP Amount Months Started

SBI Blue Chip – Growth 10,000 42
HDFC Mid Cap opportunities Growth 5,000 32
Sundaram Rural & Consumption Regular 5,000 25
TATA Equity P/E Fud Regular Growth 5,000 25
Kotak Blue Chip Fund Growth 5,000 7
Mirae Asset Large Cap Fund Regular 5,000 7
Axis Small Cup Fund 5,000 1

Ans: Monthly SIP of Rs. 40000 is adequate to build a corpus of Rs. 1 crs in 10 years.

Please continue with existing Tata, Mirae, Axis and can consider UTI Equity Fund - Growth, Axis Bluechip Fund – Growth and DSP Mid Cap Fund – Growth

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