I want to plan for my new born twins’ education abroad; their startup fund when they will be around 22-23 yrs and my retirement plan. I want return of minimum 25-30% CAGR in long term.
I can invest 50,000 monthly. Lump sum amount is of 300,000 too.
Ans: Hello Priyanka Agrawal. With multiple goals in the vision, it would be best to set goals first along with risk appetites for each and also quantify them to start with the investments. Start investing accordingly.
My recommendation would be to invest in categories such as midcap, small cap, and flexi cap funds when you have such a long time horizon. Additionally 25-30% CAGR is unrealistic over such a long horizon.