Which mutual fund is best for 20 years?
Following are the funds that you may consider investing through SIPs keeping the long term horizon in mind.
- UTI Nifty Index Fund (20\%)
- Mirae Asset Large Cap Fund (20\%)
- Canara Robeco Blue Chip Fund (20\%)
- Parag Parikh Flexi Cap Fund (15\%)
- UTI Flexi Cap Fund (15\%)
What is expected return in SIP after 20 years?
Steps to use SIP calculator
| Duration | SIP Amount (₹) | Future Value (₹) |
|---|---|---|
| 15 years | 1000 | 3.8 Lakhs |
| 18 years | 1000 | 5.4 Lakhs |
| 20 years | 1000 | 6.7 Lakhs |
| 22 years | 1000 | 8.3 Lakhs |
Should I invest in mutual funds for 20 years?
It is encouraging to see your interest in investing in mutual funds for the long term at a young age. This will certainly help you build a good corpus, considering the time horizon of 15 to 20 years as you have planned.
How can I get 5 crores in 20 years?
Therefore, if an investor wants to accumulate ₹5 crore through SIP in 20 years, it would have to start investment with ₹17,500 monthly SIP maintaining 15 per cent annual step-up in monthly SIP amount.
What will be value of 1 crore after 20 years?
For example, you can save Rs 1 crore by investing Rs 10000 each month for 20 years, at an assumed growth rate of 12 per cent annually. After 20,25 and 30 years, the worth of Rs 1 crore will be about Rs 37.68 lakh, Rs 29.53 lakh and Rs 23.13 lakh respectively assuming an average inflation rate of 5 per cent.
How much money do I need to invest 5 crores in 20 years?
By doing a monthly saving of Rs 14250, Rs 26500, Rs 50,000, one may accumulate nearly Rs 5 crore over 20, 25 and 30 years, assuming an annualized return is 12 per cent. Interestingly, as on October 6, 2021, most index funds have generated around 14 per cent over the 10-year period.
What is a good rate of return on 401k 2021?
*Generally, financial planners say the expected rate of return for a 401k is between 8\% and 10\%.