Will you be able to create a corpus of 1 crore in 10 years

Each one of us have plans to create a healthy corpus for future by saving or investing today. But the main thing is WHERE TO invest then the answer comes out to be mutual funds.

it is well known that for creating a long term wealth the equity portion of mutual funds plays a crucial role specifically when we are risk taker and seeking tax benefit as well.

if we work out in such a way to invest in a SIP of around 38,000/ month then within a time span of 10 years we can become a crorepati @15% approx. which is not a big issue if we are in equity. Apart from the money to be invested we must have to be cautious about the diversification as the equity market is highly exposed to risk as well so parking your fund in different schemes or parting the total amount in the SIP of small amount and in to different funds including different sectors as when any specific sector or scheme will fall our overall portfolio will not fall.

Start sip today...

Posted by,
saket kumar singh (Founder)
Lakshya Wealth Services.

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