SIP: You can take advantage of good returns without investing directly in the Indian Stock Market. In that case, mutual funds are a good option. If your money is in the hands of an experienced fund manager, you will get higher returns. Find out how much money you can save every month to quickly get a fund of 1 crore?
1 crore in 10 years
Indian investors are very conscious about their money and investments. They always look for investment options that help them build a good corpus by maintaining a balance between safety and returns. So, if an investor plans to build a corpus of ₹1 crore through SIP over a period of 10 years, how should they divide their investment across different funds?
How to invest
A report in Economic Times Hindi says that by dividing the investment across multicap, flexicap, midcap, smallcap and balanced advantage funds, an individual can reach a corpus of ₹1 crore. Let’s find out how much money you need to invest to build a corpus of ₹1 crore…
What should be kept in the right portfolio?
According to a report published in the Economic Times, if an individual has options like multicap, flexicap, midcap, smallcap and balanced advantage funds in his portfolio, then it reflects a balanced investment.
This portfolio offers both growth and stability, which shows the potential for long-term returns. Having the right portfolio is very important to build a large corpus.
How much investment is required?
According to market experts, if an investor wants to build a corpus of Rs 1 crore over 10 years, then they should keep a monthly SIP amount of around Rs 30,000. Furthermore, they should increase their investment by 10% annually. Through periodic small changes in their portfolio and favorable market performance, a corpus of Rs 1 crore can be achieved.
(Note: The information provided here is for informational purposes only. It is important to mention here that investing in the market is risky. As an investor, always consult an expert before investing money. Timesbull.com never advises anyone to invest money here. This share market related news is provided here for educational purposes only. We do not make calls or tips about any shares.)