I am 45 year old and want to build a corpus of 1.5 Crore in next 15 year. Pls Suggest Me the MF I need to invest. My Risk Appetite is High as I am starting late.
Ans: Monthly SIP amount of Rs 27500 will be required to achieve the targets:
Below are few funds that can be considered for creating a corpus of Rs 1.5. Crs in 15 years
- UTI Flexi Cap Fund -- Growth
- Parag Parikh Flexi Cap Fund -- Growth
- Axis ESG Equity Fund -- Growth
- Motilal Oswal Focused 25 Fund -- Growth
Around 13th year or when you reach 57/58 years in age to reduce the volatility in the corpus shift to Debt Funds (Couple of Banking and PSU and one Corporate Bond Fund) along a Hybrid Balanced advantage fund