Mutual Fund?

Question

If i choose to invest in mutual fund for long term say ( 20 to 25) years through SIP with a target of getting RS.1Cr. on maturity where i have to invest? How much i have to invest? Is it advisable to invest in mutual fund only or any other financial instrument?

Answer 1

Go to popular site like moneycontrol.com and compare fund performance for last 5 years to decide the best performing mutual fund.

Diversify your investment in gold, real estate, bonds, mutual funds.

Answer 2

As with any investment, you should not put all of your money in the same instrument.  You should diversify your investment - Since you are targeting a large amount you should consider investments in fixed interest schemes like the FD, Bonds etc. along with MFs

Answer 3

The answer is very easy. You have to invest at least 10000 per month with very good equity mutual fund for next 20 years. With the power of compounding, your amount will reach to 1 crore at that time.

If you have doubt, have a calculation with min 10% returns with compounding mode. Consider 5% inflation rate too.

Any instruments that leads equities will be better instead of MF.

does this make sense.

Answer 4

go with a 10k/month, any reputed sip is fine.

Answer 5

this are best mutual fund

http://shaktibanna.blogspot.com/2008/07/...

Answer 6

Do not plan 25 years from here atleast not now. Mutual funds can be believed but there are many mor ewell paying methods you would like to know.