I want to invest ₹8 lakh in mutual funds and get ₹2 lakh every year after one year.
- Ashish Ranjan Sardana
You have set an unrealistic target for yourself. Your investment will have to earn 25 per cent returns to offer you ₹2 lakh every year. No mutual fund investment can offer you that kind of return year after year. You can check the fund category returns in our home page to figure out the kind of returns offered by various funds over different periods.
This article was originally published on December 29, 2015.
Disclaimer: This content is for information only and should not be considered investment advice or a recommendation.
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