Best mutual funds to build a retirement corpus of Rs 5 crore
I am 26 years old. I want to invest Rs 10,000 in mutual #funds for the next 20 years. I am a moderate risk-taker. I need a corpus of Rs 1 crore for my mid life. And for my #retirement at 60 years, I want to #invest Rs 5,000 for the next 36 years. The expected corpus is around Rs 5 crore. Suggest the best mutual funds for my mid life and retirement.
-Vicky Venkat
If you are a moderate risk-taker, you should invest mostly in multi cap mutual funds. You may also take a some exposure to large cap mutual funds if you want to diversify and reduce the overall risk in your mutual fund portfolio.
Here are our recommended large cap and multi cap schemes:
Best multi cap schemes
Best large cap mutual funds
Assuming an annual return of 12 per cent on your investments of Rs 10,000, you would be able to make around Rs 43.64 la ..
Read more at:
-Vicky Venkat
If you are a moderate risk-taker, you should invest mostly in multi cap mutual funds. You may also take a some exposure to large cap mutual funds if you want to diversify and reduce the overall risk in your mutual fund portfolio.
Here are our recommended large cap and multi cap schemes:
Best multi cap schemes
Best large cap mutual funds
Assuming an annual return of 12 per cent on your investments of Rs 10,000, you would be able to make around Rs 43.64 la ..
Read more at:
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