You need to invest regularly over a long period to create a retirement corpus. Lumpsum investment is not option in most cases, unless you are sitting on a huge pile of cash.You have not said how much retirement corpus you want to create by the time you retire, which we assume would be after 15 years. That means you need to invest around Rs 19,818 per month for the next 15 years to create a retirement corpus of Rs 1 crore.You can consider to invest in equity mutual fund schemes to create a retirement corpus. Here is the link to our recommended SIP equity mutual fund portfolios . If so, you should seek the help of a mutual fund advisor to help you with your investments.

Source: Economic Times June 14, 2017 08:15 UTC