How to build fund value which would give me more than 6 to 7K per month as pension after 20 yrs from now ?

Question

a purely Pension Plan or ULIP or Mutual Fund ???, For Which Comapny's particularly which Pension Plan or ULIP or MF i have to select. Saving Potential: Premium around Rs. 10000 to 15000 per yr for 3 to 5 yrs. & investment period 20 yrs)

Pls. advice me related to this.

Thanx all of you who answered !!!

Thanx a lot.

Answer 1

if u want to ask me personaly -iwant  to advise u as a portfolio consultant PLS DONT BELIEVE IN MUTUAL FUND -HOWEVER IDEA OF MUTUAL FUND WAS GOOD TO COLLECT FUND FROM SMALL INVESTOR & INVEST IN STOCK MKT- BUT IN TODAY'S TERM  WHERE EVERYWHERE SOUND OF CORRUPTION IS HEARD, IT'LL BE YOR WORST INVESTMENT COZ NOWADAYS MOSTLY CEO'S OF MF ARE OFFERED BRIBES FOR ARTIFICIAL HIKE OF PARTICULAR TYPE OF COMPANIES  & LASTLY THIS TYPE OF COMPANIES MAKING IMP ROLL IN HUGE FALL OF FUND NAV.