Mutual Fund Investment: You can easily fulfill your dream of making Rs 1 crore by saving just Rs 10,000 every month. For this you do not need to learn any formula, rather you just need to know where you have to invest. You can quietly convert Rs 10,000 into crores with the help of compounding by investing it properly. For this, first invest 25% in flexi cap fund i.e. investment of Rs 2500. After this invest 20% i.e. Rs 2000 in multicap fund.
Then invest 20% i.e. Rs 2000 in Large and Midcap Fund. Invest 20% i.e. Rs 2000 in midcap fund and invest 15% i.e. Rs 1500 in small cap fund. Just understand that you will have to distribute Rs 10,000 in 5 different types of funds in a month. This also spreads the risk and your money continues to grow all the time.
In how many years will the fund of Rs 1 crore be available?
Now suppose if you do a step-up SIP of 10 percent, say you invest Rs 10,000 in 2025 and Rs 11,000 in 2026, then you can get a fund of Rs 1 crore after 15 years.
If we talk about average SIP returns, then 12-15% annual returns are available. Some categories of good funds have been giving returns of 15% for the last 10-15 years. So in such a situation, you will get a fund of Rs 1 crore for 20-23 years only through SIP.
Know about flexi cap funds to small cap funds
The first number is Flexi Cap Fund. These give the fund manager complete freedom to invest, that is, wherever there are big shares, whether mid or small cap, you can keep any investment ratio. This makes it easier to balance risk and return according to the market situation. It helps in reducing risk by investing across different market capitalizations and sectors.
The second is multicap fund. This fund reduces risk by investing in small-cap, mid-cap and large-cap companies, as it covers companies of different sizes. With this, fund managers can take advantage of investment opportunities in different companies according to changing market conditions.
The third is Large and Midcap Fund. Perfect mixers of big and medium sized companies are available here. It provides both stability and growth. After this, the fourth is midcap fund. Midcap companies are those which are becoming big rapidly. There is a little more risk in this but the returns are also good. These are suitable for investors who can tolerate moderate to high risk and are looking for growth over the long term.
The last one is small cap fund. These are the riskiest but offer the highest returns, but they also have higher risk and volatility, hence they are considered suitable for investors with a long-term investment horizon and higher risk appetite. Let us tell you that this entire portfolio has been made in such a way that at least one category performs well in every type of market. Remember, investing in mutual funds is subject to market risk, but it is the best return option in the long run.
How to invest?
- First of all open Demat account and mutual fund account (like Groww, Zerodha, etc.)
- Check your risk profile.
- After this start 5 different SIPs.
- Make a 10-15% step-up every year (e.g. if salary increases, SIP should also increase).
- Do not withdraw this money for at least 15-20 years.
(Disclaimer: This news has been published for informational purposes only. If you want to invest money in any of these shares, then first consult a certified investment advisor. StuffUnknownwill not be responsible for any profit or loss of yours.)
