I am 40 years old and want to create a MF portfolio that will give me >= 15% return for the next 6-8 years. I am fairly open to taking risks. Can you pls suggest a basket of 5-6 funds and how much to invest in each of them to get a corpus of 1 Cr at the end of the time frame?
Ans: Hello Arvind. You may invest in the following schemes to create a corpus of 1 CR in the next 8 years based on your requirement. The starting sip amount will be 56K per month.
SBI Small Cap Fund -- 12,000.00
Quant Flexi cap Fund -- 12,000.00
ICICI Pru Bluechip Fund --- 10,000.00
Canara Robeco Emerging Equities Fund -- 10,000.00
Nippon India Growth Fund -- 12,000.00
Total: 56,000.00