I am a newbie and read your articles regarding mf investments and also great fan of yours.
I would like to make 1Cr. in next 15 years.
I am 43 years old started making SIP in following funds.
Kindly correct me in case of switch to required better funds.
Mutual Funds | Amount |
1. BNP Paribas India consumption growth fund eqity | 2500 |
2. Hdfc banking and financial service growth fund equity | 2000 |
3. ICICI Prudencial flexi cap fund growth | 1000 |
Ans: You would need SIP of Rs 18K to achieve the required target in 15 years.
The funds that may be considered are:
Mutual Funds | Plan |
Dsp Focus Fund | Growth |
Axis Esg Equity Fund | Growth |
Motilal Oswal S&p 500 Index Fund | Growth |
Uti Flexi Cap Fund | Growth |