Dear Sree,
I have been investing on mutual funds since a year and half,started with 12000 per month now its 25000 permonth below are the mutual funds.My Age is 26years,unmarried.
Canara Robeco Emerging Equities Reg-G-3000
Franklin India High Grth Companies-G-3000
Franklin India Smaller Companies-G-4000
Mirae Asset Emerging Bluechip Reg-G-8000
SBI Bluechip-G-3000
SBI Magnum Balanced-G-4000
SBI Pharma-G lumpsome of 50000.
I have started these MF investment without anygoal,I started it to increase my wealth without any time frame but by reading your blogs I came to know its important to have a goal within the time frame.
So I kept a goal of generating 2crore within a span of 15years to 20 years so please let me know if I need to change my investment plans or I need to put more money for other mutual funds.I am using 24% of my income to Mutual investments and I am reasy to increase it further to 10% more.
Please let me know your valuable suggetsions.
1 Answers
Hi,
Your existing MF schemes are fine. You may kindly continue with them and also invest additional sums whenever it is possible.
Suggest you to use the calculators available in the below articles to analyze the required corpus ;
https://www.relakhs.com/calculate-kids-education-goal-amount/
https://www.relakhs.com/retirement-planning-calculator-3-easy-steps/
https://www.relakhs.com/calculate-future-value-investments/
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