My current savings is around Rs 60 lakh. How much return can I expect from a monthly SIP of Rs 16000 in the next 10 years?
Transcript: In the coming years, returns are expected to fall, even from equity. The reasons being loan rates are reducing, small savings funds interest has also reduced. Returns depend on inflation and interest rates. Having said that, even if the equity returns in the next 10-15 years are lower as compared to the last 20 years, it will still look better than fixed income avenues. It's also because the inflation is expected to remain low. It is expected that the returns from balanced funds will be 1.5% more and for equity funds a return of 13-15% is expected.