As you mentioned that investment of Rs 1.36L per annum become 2 cr in seven yrs. Please give details of investment plan to achieve this target.
Ans: Hello Vipin Mishra. To achieve 2 cr in 7 years, it is assumed that the expected return as 14% CAGR, also the investment is 1.36L on monthly basis. You may consider categories like midcap, small cap & flexi cap with high risk appetite.
Below are some funds can be considered:
- Nippon India Growth Fund
- PGIM India Mid-Cap Opportunities
- Kotak blue chip
- Canara Robeco emerging equities