I have not invested in mutual funds yet, but I will be able to invest 10000rs per month, I am 42 years old and I want lump sum amount 1 cr at the age of my retirement. Please suggest me the list of mutual funds.
Ans: The funds that can be considered are as under
Uti Flexi Cap Fund-regular -growth
Axis Esg Equity Fund -Growth
Kotak Business Cycle Fund-growth
Samco Flexi Cap Fund - Growth
Rs. 1 crs in 18 years can be created with a monthly investment of Rs. 11000