I am 28 years old and I want to build a corpus of ₹1 crore in the next 20 years. However, you need to consider the fact that ₹1 crore in 20 years would not be worth as much as it is worth today. Assuming a long-term inflation of 6% over this period, ₹1 crore then would be the equivalent of ₹ 31 lakh today. You could add a tax-saving fund to the mix, especially if you can use the deduction from Section 80C. Else, you could add a mid-cap fund such as L&T Midcap or a small-cap fund such as Franklin India Smaller Companies.

Source: Mint May 08, 2019 06:22 UTC