Crorepati goals: How can I build a corpus of Rs 5 crore by 45 years for financial stability? businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
Experts feel that across generations mutual fund investment is a wise choice. April saw a record-breaking 63.7 lakh new SIP registrations, marking a 32.1% surge from the 3-month average.
Mutual funds: Smallcaps or flexicap, multicap funds, what should be your pick this month? Check what experts say businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
Start retirement planning in your 40s with a focus on asset mix, goal corpus, and expenses. Chirag Muni advises on disciplined steps, insurance coverage, and regular portfolio reviews for a secure post-retirement income.
The focused funds are benchmarked against NIFTY 500 - TRI and S&P BSE 500 - TRI. NIFTY 500 - TRI and S&P BSE 500 - TRI offered 22.67% and 22.27% respectively in 2023.
Old Bridge Focused Equity Fund would follow the multi-cap strategy, wherein the scheme would invest across market capitalization -- mid-cap, small-cap, large-cap.
You will have to rely on a home loan to buy the house. If we consider a loan of ₹1 crore for 20 years then the equated monthly instalment (EMI) for the same could be approximately ₹87,000 at an interest rate of 8.5% p.a.
Increasing and reallocating more monthly investments in equity mutual funds will help rebalance portfolios systematically and increase the allocation in equity.