Currently I am having below Monthly SIP's (26K) and my Current value of investment so far is 22 lakh out of these investments.
Edelweiss Mid Cap Fund -- 2000
Kotak Emerging Equity Fund -- 3000
Motilal Oswal Midcap Fund -- 2000
Nippon India Growth Fund -- 3000
SBI Magnum MidCap Fund -- 2000
Baroda BNP Paribas Mid Cap Fund -- 1000
DSP Dynamic Asset Allocation Fund -- 1000
DSP Tax Saver Fund -- 2500
HDFC Small Cap Fund -- 1000
IDFC Tax Advantage (ELSS) Fund -- 2500
L&T Midcap Fund -- 1000
Nippon India Tax Saver Fund -- 2500
Aditya Birla Sun Life Tax Relief 96 Fund -- 2500
What would be my approximate corpus after 10 years?
Ans: 22 lakh can grow up to 70 to 80 lakh in 10 years.
A SIP of Rs. 26 k can create a corpus of Rs. 70 lakh in 10 years
Therefore, total corpus that can get created is Rs. 1.4 to Rs. 1.5 cr