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Ask The Expert: How to earn Rs 1.5 crore by investing Rs 7,000 per month in mutual funds?
By the time you are 60, you will be able to accumulate around Rs 1.5 crore which is equivalent to Rs 50 lakh today, if you continue to invest Rs 7,000 only
Staying invested helps one reach his/her investment goal
I have been investing Rs 7,000 per month in Franklin Flexi Cap Fund, Canara Robeco Bluechip Equity Fund and DSP Equity Opportunities Fund for the last one year. I am 32 years old. I am saving for my retirement. I have a high-risk tolerance as I believe I have time to take that risk. Kindly advise if these funds are suitable for me to achieve a target corpus of a minimum of Rs 50 lakh by the time I turn 60. Also, I want to add two tax saving or ELSS mutual funds to my portfolio. I want to invest Rs 6,000 per month in these tax saving funds. Kindly advise which are the best tax saving schemes for me which can give the highest returns ....

Aniruddh Mehedi , Shweta Jain , Equity Opportunities Fund , Franklin Flexi Cap Fund , Axis Long Term Fund , Canara Robeco Bluechip Equity Fund , Opportunities Fund , Franklin Flexi Cap , அநிருத்த் மெஹெதி , ஷுவேத் ஜெயின் , பங்கு வாய்ப்புகள் நிதி , பிராங்க்ளின் நெகிழ்வு தொப்பி நிதி , அச்சு நீண்டது கால நிதி , வாய்ப்புகள் நிதி , பிராங்க்ளின் நெகிழ்வு தொப்பி ,