THE CASE: I am 28 years old and have been investing in NPS since 2016, and that is my retirement kitty. I aspire to buy a house in 20 years (current cost- Rs. 1.cr). So how much would I need in 20 years? I am planning to start monthly SIPs: Rs 3,000 each in […]
The BSE Sensex has delivered phenomenal compounded returns in last forty years or so. The Bombay Stock Exchange index moved from a mere 100 in 1979 to 50000 by 2021. This means that if an investor had invested Rs. 100 in the index way back in 1979, it would be worth approximately Rs. 50000 today. But not […]
PC: Financial Express The First Principle Many investors have lost far too much money due to investments in products that they don’t understand. The first principle of a sound investment is to have a full understanding of the product and whether you are comfortable with it or not. Yes, investors should take professional help, but […]
THE CASE: My investments through SIPs are in 4 large-cap funds and 1 multi-cap fund. Total SIP investment currently is Rs 40,000. I need about Rs. 50 lakhs in another 13 years – 2033 for my child’s marriage and Rs. 2.30 Cr for my retirement in 13 years – 2033. Inflation is factored. Am […]
THE CASE: I want to build Rs. 1 Cr in the next 25 years. Currently invested in mutual funds to achieve the same goal are: HDFC Sensex (Rs 10,000), Mirae Asset Emerging Fund (Rs 5,000), Parag Parikh Long Term Equity (Rs 5,000), Axis Mid Cap (Rs 3,000), SBI Small Cap (Rs 2,000), HDFC Gold […]