You can invest in one or two diversified equity schemes and accumulate much more than the target amount
13-Oct-2015 •Research Desk
I can invest ₹1 lakh every month for the next four years through a Systematic Investment Plan (SIP). I also have around ₹10 lakh for investing now. My risk profile is medium to high. I want ₹50 lakh after nine years and ₹25 lakhs after 12 years. Can I achieve these targets using mutual funds. If yes, please suggest suitable funds.
- Divan
You will achieve your target corpus easily. You can invest in one or two diversified equity schemes and accumulate much more than the target amount.
Here is our list of best diversified equity schemes.