I wanted to know about TATA Ethical & Taurus Ethical mutual funds. How much return can I expect in 10-15 years horizon? My budget is to invest 5000/ month.
Ans: Hello Aaqib Attar. The mentioned schemes are Thematic funds which prohibit investment from companies that are morally deficient, such as those related to tobacco, alcohol, gambling, lottery, banking & finance services and other prohibited companies.
Returns may vary between 12-14% CAGR.
You can achieve a corpus of Rs 13-25 lakh in 10-12 years with a sip amount of Rs. 5000.