I want to have savings of 10-15 lakhs in next 4 years. Could you please advise how much I should invest in mutual fund every month to achieve this figure and in which cap I should invest. Thank you. Awaiting for a response?
Before you invest in mutual funds you should know your risk profile and accordingly choose an appropriate category of fund for you investments.
However, since your investment horizon is only 4 years, we suggest you to invest in balanced funds. We have assumed you are a moderate risk taker.
To create a corpus of Rs 15 Lakhs in 4 years, you need to save Rs 23,000 per month through SIPs assuming annual returns of 12.50% from balanced funds.
To check which are the top performing balanced fund SIPs, do check here https://www.advisorkhoj.com/mutual-funds...
Hope the above helps you. Thanks for writing to Advisorkhoj.
Aug 29, 2019 by Nandu
Aug 26, 2019 by Dhiraj
Aug 18, 2019 by Dr. Ketan S Trivedi
Aug 16, 2019 by Sanjay Gargish
Aug 3, 2019 by Chirag Agrawal
Jul 30, 2019 by Abhishek Shah
Jul 28, 2019 by Dr. Pradip Kumar Chatterjee
Jul 27, 2019 by Pravin Jain
Aug 26, 2019 by Joel A Peres
Jul 25, 2019 by Rabindra Chandra Bhattachara
Apr 21, 2025 by Mirae Asset Mutual Fund
Apr 18, 2025 by Axis Mutual Fund
Apr 18, 2025 by Advisorkhoj Team
Apr 18, 2025 by Advisorkhoj Team
Apr 9, 2025 by Axis Mutual Fund