SIP Investment: Along with this, Karkera also shared a Systematic Investment Plan (SIP) to achieve this milestone, under which SIP in the range of Rs 1.5 lakh to Rs 2 lakh can help investors towards achieving their financial milestone. may increase.
At present, mutual funds are one of the biggest means of getting good returns by investing in different sectors. Recently, Nirav R Karkera, Head of Research, Fisdom, has shared a roadmap for those investing in mutual funds in one of his interviews.
By following this roadmap, investors can achieve financial milestones of Rs 5 crore within a decade and Rs 10 crore within a span of two decades.
That 5 crore fund in 10 years
- Sharing his expertise on the target of accumulating Rs 5 crore in 10 years and Rs 10 crore in 20 years, Karkera said, “I will maintain the perception of returns between 15 to 18 percent.”
- It is clear from his perception that if an investor invests one crore rupees, he can earn 5 crores in the next 10 years and 10 crores in the next 20 years with an interest rate of 18 percent. Whereas with an interest rate of 15 percent, this investment amount becomes Rs 1.25 crore.
- Along with this, Karkera also shared a Systematic Investment Plan (SIP) to achieve this milestone, under which SIP in the range of Rs 1.5 lakh to Rs 2 lakh can help investors move towards achieving their financial milestone. .
SIP of Rs 2 lakh
He also told that if investors reduce the expectations of the returns they will get, then their SIP can also be reduced. However, he also said that considering the safety, it is better to invest on the higher end. For this, Karkera advises investors to do a monthly SIP of Rs 2 lakh.
Let us tell you, to make a strong mutual fund portfolio, it is necessary to think carefully on different factors. Whether investors choose lump sum investment or SIP. While investing, it is important to take care of your financial objectives as well as security.
