Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.

Invest

11,661.8575.5
Stock Analysis, IPO, Mutual Funds, Bonds & More

Is my mutual fund portfolio on the right track?

If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.

ET Online|
Sep 20, 2019, 03.53 PM IST
0Comments
Getty Images
MF analysis
I have been investing Rs 10,000 per month in the following mutual fund schemes through SIP:
SBI Bluechip Fund: Rs 3,000
DSP Midcap Fund: Rs 2,000
SBI Small Cap Fund: Rs 2,000
ICICI Prudential Nifty ETF: Rs 3,000

I am 29 years old and my investment horizon is long term, say, 15 to 20 years. Is my mutual fund portfolio on the right track?
--Shahbaz Akhtar

Veena Malgonkar, certified financial planner, KM Wealth Solutions, responds:

Investing through an SIP is a great way to maintain investment discipline. You have also chosen diversified category of funds to build a portfolio.

Assuming an annual return of 12 per cent, you should have a corpus of Rs 50 lakh at the end of 15 years. If you invest for five more years, that is, for 20 years, then you would accumulate a corpus of Rs 1 crore.
(If you have any mutual fund queries, message us on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.)
Comments
Add Your Comments
Commenting feature is disabled in your country/region.
Download The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.

Other useful Links


Follow us on


Download et app


Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service