SIP: You can avail good returns even without investing directly in the Indian stock market. In such a situation, mutual fund is a good option. If your money is in the hands of an experienced fund manager, you will get higher returns. Know, how much money can you save every month and quickly create a fund of Rs 1 crore?
1 crore in 10 years
Indian investors are very conscious about their money and investments. They are always looking for investment options that help them build a good fund by striking a balance between safety and returns. So, if an investor is planning to build a corpus of ₹1 crore through SIP over a 10-year period, how should he divide his investments across different funds?
how to invest
According to a report in Economic Times Hindi, by dividing investments among multicap, flexicap, midcap, smallcap and balanced advantage funds, one can get a corpus of ₹1 crore. Let us know how much you need to invest to create a corpus of ₹1 crore…
What should be included in the right portfolio?
According to a report published in the Economic Times, if a person has options like multicap, flexicap, midcap, smallcap and balanced advantage fund in his portfolio, it indicates a balanced investment.
This portfolio offers both growth and stability, indicating the potential for long-term returns. It is important to have the right portfolio 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 in 10 years, he should keep a monthly SIP amount of around Rs 30,000. Furthermore, he should increase his investments by 10% annually. Through small changes to one’s portfolio from time to time and consistent market performance, a corpus of Rs 1 crore can be achieved.
(Note: The information given here is for informational purposes only. It is important to note 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 news to the stock market is given here only for educational purposes. We do not make calls or give suggestions about any stock.)
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