Hold quality MFs for the long term to build wealth : vimarsa

Hold quality MFs for the long term to build wealth


Hold quality MFs for the long term to build wealth
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I work for a private company. I would like to amass a sum of тВ╣15 lakh in 10 years. Please share the best mutual funds of 2021 or any other option that can help me achieve my goal.
тАФSandeep K.K.
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. 07:16 AM IST
To reach тВ╣15 lakh in 10 years, you need to save about тВ╣21,000 a month, assuming a reasonable 12% return.
If you do not have market knowledge or the time to track markets, it is best to use the mutual fund route. There are no тАШbest funds for 2021тАЩ or any other year. Good, quality mutual funds are those that you can and need to hold for the long term to build wealth.

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