I want to invest Rs 10,000 per month for five years, at the end of which I seek to accumulate Rs 10 lakh. I can take risks since I am 34 years old, have my own house and all liabilities have been taken care of. Please suggest some aggressive funds.
- Riteesh Mathur
In order to accumulate Rs 10 lakh at the end of five years by investing Rs 10,000 every month, you need to earn an annualized return of over 20 per cent on your investment. This is a high expectation. However, our advice is that you should choose from aggressive funds that have proved themselves over the past. You can choose from Kotak Opportunities, Sundaram BNP Paribas Select Focus, DWS Investment Opportunity and Reliance Regular Savings Equity.