I am a 40 years old and working with prestigious IT Company as a Project Manager. I don't have any mutual funds now. I have PPF, life insurance, Superannuation funds. I want to achieve 3 crore in next 12 to 15 years. Can you suggest me which funds i can create and which online portal is good to create those funds?
Ans: Monthly investment of Rs 55000 is required to achieve a corpus of Rs 3 cr in 15 years!
Funds that can be considered are as under:
HDFC Index Fund – Sensex Plan – Growth
UTI Flexi cap Fund – Growth
Axis ESG Equity fund – Growth
Samco Flexi cap fund – Growth
Motilal Oswal Mid cap Fund - Growth
Nippon India Small Cap Fund – Growth