sip investment rajan, 15 Jul 2013

I want to earn 20 to 30 lack in 5-10 yrs in sip investment tell me about my minimum monthly investment with least risk and send me the best portfolio as per my requirement

Fintotal Answer

Ideally you need to invest approximately Rs 11,000 as monthly SIP in equity diversified mutual fund for 10 years to achieve a goal of Rs 30 lacs. You can check the calculator at http://www.mutualfunds.fintotal.com/Calculators/SIP-Your-Way-to-Goals/2037/22.  Mutual funds carry risk with them since they are market linked but the risk can be mitigated if the choice of the fund is appropriate, you stay invested for long term and review your fund periodically. For further assistance you can write to us at http://www.assistance.fintotal.com/.

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