My financial goal is to accumulate Rs 25 lakh in the next 10 years. Please suggest a portfolio to invest in to achieve this goal.
Yaduveer Singh, Chandigarh
A monthly investment of Rs 10,800 earning an annualised 12 per cent will accumulate Rs 25 lakh in ten years or Rs 9,000 earning an annualised 15 per cent return. So, what you are aiming to accumulate is feasible in the time frame that you have in mind, provided you invest the sum in appropriate fund that has the potential to earn the returns mentioned. You can invest in funds from the OLM Elite based on your investor type to realise your financial goals.
