Hi,
I'm sandeep from Hyderabad. I want to invest in mutual funds which can give good returns. My goals is Rs 1cr+ for 15 yrs or more.
I just invest lump sum amount per year and will leave for future. So can you please suggest me how to start.
1 Answers
Dear Sandeep,
To accumulate Rs 1 cr in 15 years at an expected return of say 12%, you have to invest avg Rs 2.6 Lakh per annum.
Kindly read:
http://www.relakhs.com/top-15-best-mutual-funds-schemes-2016-sip-lumpsum/
http://www.relakhs.com/mutual-fund-portfolio-overlap-comparison-tools/
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