Can you suggest some good mutual fund schemes as I want a decent corpus at age 45

My name is Dhiren shah have 2 questions 1) Please tell me that investment which I have done is proper or not have mentioned following - i) Birla Sun Life Tax Relife 96 Fund (G) - 45000 (avg nav is 26.55), ii) Reliance Tax Saver ELSS Fund (G) - 30000 (avg nav is 57.55), iii) Tata Corporate Bond Fund Regular Investment Plan (G) lump sum 50000 and every month 2000 will be transferred to Tata Balanced Fund Regular. (Have taken 8 months back) iv) IDFC Arbitrage Plus Fund Regular Plan D lump sum 1 lacs and every month 2000 will be transferred (1k starting of month and 1k end of the month) to IDFC Classic Equity Fund Regular Plan (G) (just done investment few days back). 2) Want the corpus of 1.5 Cr. till I turn 45 currently my age is 27 and I am moderate risk taker. Please suggest some good mutual funds to create the corpus which I wanted?

Jul 3, 2017 by Dhiren Shah, Mumbai  |   Mutual Fund

The Mutual Fund schemes selected by you for STPs and lump sum investments are good. However, please keep in mind that your investment horizon should be minimum 5 years for the investments made in balanced funds and equity funds.

You have 18 years time to create a corpus of Rs 1.50 Crores. Considering your risk profile which is moderate, you can invest in large cap and balanced funds. Assuming annual returns of 12%, you can start SIPs of Rs 20,000 per month in large cap and balanced funds in orderto achieve the goal amount of Rs 1.50 Crores after 18 years! https://www.advisorkhoj.com/tools-and-calculators...

Hope you find the suggestions useful. Thanks for writing to Advisorkhoj

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