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Omkeshwar Singh Answer |Ask - Follow

Head, Rank MF - Answered on Sep 19, 2022

Asked on - Sep 19, 2022Hindi

I am 33 years old. Planned to get 1 crore corpus in next 15 years.

Currently, I invested in below funds:

1. Nippon idia large cap direct growth - sip 2500 per month ( current value 1lakh)

2. Icici prodential technology direct plan growth - lumpsum 1 lakh (current value 1.30 l)

3. Icici prodential MN find - lumpsum 10k( current value 18k)

4. Icici mnc fund direct growth - lumpsum 20k (current value 20k)

5. Kotak nifty index fund direct growth - sip 1000 (current value 14k)

Could you suggest what changes I need to do in current portfolio to achieve 2 crore corpus in next 15 years?

Ans: A monthly investment of Rs 16,500 is required to create a corpus of Rs 1 crore.

Below funds can be considered:

Parag Parikh Flexi-cap fund
Samco Flexi Cap Fund
HDFC Index Fund – Sensex plan
UTI Flexi cap Fund

(more)

Money

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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