I am having following SIP's for 10 years. Please let me know if I should continue or change: 1. Franklin india high growth companies fund - Dividend Rs 5000, 2. Franklin India Smaller Companies Fund - Dividend Rs 5000, 3. Franklin India Prima Fund - Dividend Rs 5000, 4. Reliance Small Cap Fund - Dividend Rs 3000, 5. ICICI Prudential Value Discovery Fund - Regular Dividend Rs 5000, 6. HDFC Midcap Opportunities Fund - Dividend Rs 5000. Also let me know expected return after 10 years?
You have selected the right schemes for your SIPs. You are investing Rs. 28,000 per month through SIPs and want to continue it for 10 years. The expected rate of returns could range from 12 – 15% atleast or even more. Based on these the final corpus amount will be as follows –
1. Assuming returns @ 12% – Rs. 65.05 Lacs against total contribution of Rs. 33.60 Lacs
2. Assuming returns @ 13% – Rs. 69.07 Lacs against total contribution of Rs. 33.60 Lacs
3. Assuming returns @ 15% – Rs. 78.02 Lacs against total contribution of Rs. 33.60 Lacs
You may try this calculator to check the future value of your SIPs at different rate of expected returns https://www.advisorkhoj.com/tools-and-calculators/systematic-investment-plan-calculator
You may also check the historical SIP returns of funds selected by you from this tool https://www.advisorkhoj.com/mutual-funds-research/mutual-fund-sip-investment-calculator
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