How can I create Rs 2 crore in 15 years?
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Aditya Birla Frontline Equity Fund: SIP of Rs 6,000
Kotak Select Focus Fund: Rs 1 lakh lumpsum
ICICI Prudential Balanced Fund (G): SIP of Rs 25,000
ICICI Prudential Balanced Fund - Dividend Reinvest: Rs 1 lakh lumpsum
Mirae Asset Emerging Bluechip Fund: SIP of Rs 6,000
Do I need to make any changes to create a corpus of Rs 2 crore in 15 years?
-- Vimesh Nedumghote
Shifali Satsangee, founder, Funds Veéda, responds:
To create a corpus of Rs 2 crore in 15 years, assuming an annualised return of 10 per cent, you have to invest approximately another Rs 9,000 via monthly SIPs. You could add a multicap fund or a midcap fund to your mutual fund portfolio.
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