Invest in a good balanced fund to achieve this goal through a monthly SIP of Rs 43,000. The assumes a 12% return The time period is only 5 years and hence the performance of equity funds cannot be guaranteed, though we know that over a 10 year period they will give the highest return.
Invest only through Direct Plan Mutual Funds, else broker commission of about 1.5% mean, that your SIP has to become Rs 44,500 to meet this goal.
GoI DIPP Registered
Department of Industrial Policy and Promotion Ministry of Commerce and Industry Government of India
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SEBI Registered
Portfolio Manager
INP2000007881
Non Individual
SEBI Registered Investment Advisor
INA200015583
Non Individual
BSE Membership
52605
AMFI Member
112310
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Mr. Ravi S Rao, Managing Director & Member, Board of Directors
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Mr. Hirilal Neelakantan, Business Leader
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Mr. Nageswera Rao Vasireddy, Sales Leader, Pharma Industry
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Mr. Suman Sasmal, Ambassador, Coach, Consultant OpenExO
