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Abhishek
Omkeshwar Singh Answer |Ask - Follow
Head, Rank MF - Answered on May 25, 2021
Asked on - May 25, 2021Hindi
I had been reading your inputs on rediff.com and learning a lot from them in investment in mutual funds.
I request you to pls suggest me a few things to make my corpus of 1 Cr in the next 10 years.
1- How much money every month I have to invest??
2- Which are the mutual funds SIP plans in which i should invest?
3- Any other method of investment is suggest for making a corpus of 1Cr in next 10 years.
Thanking in advance and Awaiting your reply
Ans:
(more)
- Monthly Investment of Rs 40,000 is required to create a corpus of Rs 1 cr with a CAGR of 13%
- Portfolio that you may consider for investment is as under:
a) UTI Flexi Cap – Growth
b) Parag Parikh Flexi- Cap Growth
c) Axis ESG Equity Fund – Growth
d) DSP Mid Cap Fund – Growth
- The required corpus can be created in investment into direct equity of equity oriented mutual funds; depending upon your expertise and exposure you may choose the option better suited for yourself.