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How to create a corpus of 15 Lakhs in next 4 years

I want to have savings of 10-15 lakhs in next 4 years. Could you please advise how much I should invest in mutual fund every month to achieve this figure and in which cap I should invest. Thank you. Awaiting for a response?

Apr 9, 2017 by Amit Bose, Coimbatore  |   Mutual Fund

Before you invest in mutual funds you should know your risk profile and accordingly choose an appropriate category of fund for you investments.

However, since your investment horizon is only 4 years, we suggest you to invest in balanced funds. We have assumed you are a moderate risk taker.

To create a corpus of Rs 15 Lakhs in 4 years, you need to save Rs 23,000 per month through SIPs assuming annual returns of 12.50% from balanced funds.

To check which are the top performing balanced fund SIPs, do check here https://www.advisorkhoj.com/mutual-funds...

Hope the above helps you. Thanks for writing to Advisorkhoj.

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