SIP Investment: Indian investors are very conscious about their money and investments. They always look for investment options that help them build a good corpus by striking a balance between safety and returns. In such a situation, if an investor is planning to create a corpus of Rs 1 crore through SIP in a period of 10 years, then how should he divide his investment among different funds.
According to a report published in Economic Times Hindi, if a person divides his investments among multicap, flexcap, midcap, smallcap and balanced advantage funds, it can help him reach a corpus of Rs 1 crore. Let us know how much money you will need to invest to create a corpus of Rs 1 crore.
Right portfolio is important
According to a report published in the Economic Times, if a person has added options like multicap, flexcap, midcap, smallcap and balanced advantage funds in his portfolio, then it shows a balanced investment.
There is potential for both growth and stability in this portfolio. Besides, there is also expectation of good returns in the long run. To build a large corpus, it is very important to have the right portfolio.
How much will have to be invested?
According to market experts, if an investor wants to build a corpus of Rs 1 crore in a period of 10 years, then he should keep the SIP amount around Rs 30,000 monthly. Also, your investment should be increased by 10 percent every year. If slight changes are made in the portfolio from time to time and the market is also in your favour, then a corpus of Rs 1 crore can be reached.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
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