Hi, I am currently investing Rs 15,000 through mine and my wife's accounts.
My investment horizon is 10 to 15 years and target is create long term wealth.
I would also be increasing my SIP by 10 per cent each year.
What is the corpus that I can expect and are these funds good for that corpus?
Mine (all are direct):
Mutual Funds | Amount |
Parag Parikh Flexi Cap | Rs 3,500 |
Motilal Oswal Nasdaq 100 Fund of Fund | Rs 2,500 |
Quant Multi Asset | Rs 2,000 |
Tata Digital India | Rs 1,500 |
Mirae Healthcare | Rs 1,500 |
Wife (all are direct):
Mutual Funds | Amount |
Mirae Emerging Bluechip | Rs 2,000 |
Tata Banking and Financial | RS 2,000 |
Ans: Both of you have good portfolios.
Please continue.
In 15 years, with a 10 per cent annual increment, a corpus of Rs 55 lakh may get created.