I found your blog very educative and creating financial awareness. Many thanks for your efforts.
I would like to get an advice regarding my pension planning. My age is 30 years and I will be receiving around Rs. 1.5lakh next month in the form of Gratuity and EPS. As the amount I received is kind of a pension fund, I would like to invest the same in a way such that the amount would accumulate to 12l-15 lakhs after 15 years. Could you please suggest the possible investment options to meet this planning?
To accumulate Rs 15 Lakh in 15 years from now with an investment of Rs 1.5 Lakh, you have to get returns to the tune of 16.5%.
So, to achieve that kind of returns, the best possible way is to invest in Equity oriented products. You may consider investing in Equity mutual funds especially in Diversified Equity and Mid/Small cap funds.
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