I need a corpus of ₹1 crore within next 10-12 years. I started investing through Phonpe platform in Mid Cap, Small Cap, Large Cap, Sectoral and thermatic fund, Diversified funds, etcRajTo build a corpus of Rs. 1 Crore in 10 years, you will have to invest Rs.50,000 per month if we assume the post-tax return of 10% p.a. If you want to build the same in 12 years, then you will have to invest Rs. It is better to avoid Sectoral and Thematic Funds as these funds are more cyclical and carry additional risk.
Source: Mint August 14, 2021 13:52 UTC