It is important to look out for investment options with lesser risk as the stock markets are subject to fluctuations. Equity savings funds are one such option, according to experts.
I have invested Rs 15,000 through SIP in ICICI Prudential Nifty 50 Index fund and Rs 5,000 in Quant PSU Thematic fund as lump sum. I want to retire by the time I am 40 years old and accumulate a retirement corpus of Rs 5 crore. So, what funds should I invest in?
Name: Rahul, Age: 21 years
Bajpai: To create a corpus of Rs 1.6 crore in next 19 years, assuming 12% XIRR (extended internal rate of return), reduce allocation to Nifty from Rs 15,000 per month to Rs 5,000 per month. Allocate the remaining Rs 10,000 in a mid- and small-cap fund.
Overall, you have to put Rs 60,000 per month to achieve the corpus of about Rs 5 crore.
My wife and I buy 1 gramme of gold every month as an investment. I deposit Rs 3,000 per month at an annual interest of 9.85% in a co-operative bank and would like to invest Rs 5,000 per month in mutual funds. What funds would you recommend to us? For children's education?
Name: Prasanna, Age: 29 years
Bajpai: SIP of Rs 5,000, assuming 12% XIRR, can generate a corpus of around Rs 24 lakh in 15 years. If the SIP is increased to Rs 8,000, then around Rs 38 lakh can be generated assuming 12% XIRR over 15 years.
RECOMMENDED FOR YOU
Save Rs 10 Lakh In Two Years: A Quick Guide To Investment Strategy
Jul 29, 2025
SEC Hits Pause On Bitwise ETF Offering Broad Crypto Exposure
Jul 24, 2025
Blue Ocean Story: Ixigo CEO Reveals Factors Behind Strong Q1 Results
Jul 18, 2025
NTPC Gets Cabinet Nod To Invest Up To Rs 20,000 Crore In Renewable Energy
Jul 16, 2025
POPULAR