How much future corpus is expected from my mutual fund investments

Thanks for a very Informative site. My MF investments are as following: 1) 2500 INR each in HDFC equity fund (Regular-Growth) (the 2500 SIP was increased to 3500 from April 2017), ICICI Value Discovery Fund, IDFC Equity Fund, Franklin Templeton Prima Fund Growth (the 2500 SIP was increased to 5000 in July 2015) and started in July 2014. 2) ELSS: 5000 each in Franklin India TaxShield and Reliance Tax Saver started in April 2015. The Reliance SIP amount was increased to 6000 INR from April 2017. 3) Additional SIPs started in April/May 2017: 1500 in ICICI Banking & Financial Services GRowth, 1000 in Canara Robeco Emerging Equities Regular Growth, 1000 in Mirae Asset Emerging Bluechip Fund Regular Growth. 4) Also, have made lump sum investment of 30,000 in ICICI Banking and Fianncial Services and 20,000 in Canara Robeco Emerging Equities Regular Growth. My goal is long term wealth creation. Have I selected the right MFs, also, I intend to increase the SIP amount/ do lump sum investment as and when available. Considering the existing portfolio, how much capital can be generated after 10-15 years? I understand that the returns are not certain/fixed. but would like to get a fair idea regarding my investments?

May 5, 2017 by MGD, Mumbai | Mutual Fund

You have selected good funds for your SIPs excepting IDFC Equity Fund and HDFC Equity Fund. We think you should invest in better diversified or midcap equity funds. As you are investing only Rs 1,000 each in Canara Robeco Emerging Equities and Mirae Asset emerging Bluechip Fund, you may consider increasing the SIP amounts in these two funds by stopping SIPs in the other two funds.

It seems, you are investing Rs 28,500 per month through SIPs (we are not sure as you have mentioned increasing amounts in some SIPs after few months of start). If you continue with these SIPs, you can expect a corpus of Rs 68 Lakhs after 10 years against your investment of Rs 34.20 Lakhs and Rs 1.50 Crores after 15 years against your investment of Rs 51.30 Lakhs. Both the figures are arrived at assumed annual return of 12.50%! You can use this calculator to check the future corpus amount on various rate of assumed returns https://www.advisorkhoj.com/tools-and-calculators/systematic-investment-plan-calculator

With regards to your lump sum investments, which is now total Rs 80,000 only, you can expect a corpus of Rs 2.60 Lakhs and Rs 4.68 Lakhs after 10 and 15 years respectively. The fund selection of your lump sum investment is good :)

Thanks for writing to Advisorkhoj!

View All Queries

You haven't found the answer for your queries? Do post your queries to us.
POST A QUERY