How much corpus will these mutual funds create in 12 years?
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Mirae Asset Large Cap Fund: Rs 2,000,
Mirae Asset Emerging Bluechip Fund: Rs 3,500
Motilal Oswal Multicap 35 Fund: Rs 2,000
L&T Emerging Businesses Fund: Rs 2,000
Aditya Birla Sun Life Pure Value Fund: Rs 2,000.
I am planning to continue investing in these schemes for the next 10-12 years. Am I investing in the right funds? Or should I invest in any other funds? And how much corpus can I expect?
--Ritu Sharma
Puneet Oberoi, Founder, Excellent Investment Advisors, responds:
If you have a horizon of more than 10 years, you can continue to invest in these schemes. You are currently investing Rs 11,500. If you invest this amount for 12 years and earn 12 per cent returns, you will be able to make Rs 37.17 lakh.
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