1crore in 15 yrs thru mfs Prash, 24 May 2013

Sir/Madam, I want to have a portfolio of long term with high return in MF sip with an objective of accumulating 1 cr over 15 yrs. Pls suggest

Fintotal Answer

The investment for long term should be in equities. The biggest worry for long term investments is inflation and equities have power to beat inflation. Considering your need, invest in any one good large cap equity diversified mutual fund (HDFC Top 200, Canara Robeco Equity Diversified, Franlin India Bluechip, etc) and hold the fund till you need the money. You must invest minimum of Rs 15,000 per month through SIP for 15 years to accumulate Rs 1 crore. Read through some interesting articles and mutual fund recommendations on mutualfunds.fintotal.com.

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