How much will I get after 30 years?

I am 23 years old. I started investing Rs 1,000 via SIP in Franklin India Smaller Companies Fund. Its NAV is Rs 55.15 on August 3,2017. How much I will get after 30 years?
--Wasim Ahmed

It seems, you are a newcomer to mutual funds. To begin with, you have invested in a smallcap scheme. A smallcap scheme invests in small-sized companies. Smallcap schemes are risky and they are suitable for investors with a higher risk appetite. You should identify your risk profile to ensure that you are investing in a scheme that matches your risk profile.
Mutual fund schemes do not guarantee any returns. Returns depends on the value of their investments.

Review the performance of your scheme on a regular basis. If you find it underperforming its benchmark and category for a year or more, you may find out the reasons for its underpefromance. If you find the reasons unconvincing, you may sell your investments in the scheme and invest in a better performer in the same category.


You should identify your long-term goals and start investing at the earliest in equity mutual fund schemes to achieve them. Remember, investing a small sum regularly is the only way to create wealth over a long period.

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