LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • India
    • Economy
    • Politics
    • Markets
  • World
    • Economy
    • Politics
    • Markets
  • Companies
    • Auto
    • Banking & Financial Services
    • Pharma
    • Energy
    • Infrastructure
    • Media
    • IT
    • Telecom
    • Consumer Products
    • Aviation
    • FMCG
  • Personal Finance
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
  • Mutual Funds
  • Technology
  • Automobile
    • Cars
    • Bikes
  • Small Business
    • SME
    • Startups
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
    • AUTHORS
Home » Personal Finance News

Can you earn a corpus of Rs 50 crore in 20 years via mutual funds?

Personal finance goals of individuals may vary over the short and long-term however analysts say its viability should be properly assessed.  

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
Can you earn a corpus of Rs 50 crore in 20 years via mutual funds?
Representational image of Rs 2000 notes. Image Source: IANS
Written By: ZeeBiz WebTeam
Updated: Tue, Dec 12, 2017
11:02 am
Mumbai, ZeeBiz WebDesk
RELATED NEWS
Earn while you sleep! Rich tips for you! Get wealthy, here is what you need to do now Earn while you sleep! Rich tips for you! Get wealthy, here is what you need to do now
National Pension Scheme: This NPS trick can help you make more money than public provident fund (PPF), additional Rs 50,000 income tax exemption National Pension Scheme: This NPS trick can help you make more money than public provident fund (PPF), additional Rs 50,000 income tax exemption
Income Tax Payer? Save your money! Top 10 tips for ITR filers to profit from Income Tax Payer? Save your money! Top 10 tips for ITR filers to profit from
Buying mutual funds online? Top tips to focus on to make hefty money and avoid losses Buying mutual funds online? Top tips to focus on to make hefty money and avoid losses
Stock Market vs Mutual Funds: You can even lose your money if you do this Stock Market vs Mutual Funds: You can even lose your money if you do this

Disclaimer: This story is for informational purposes only and should not be taken as investment advice.
 
When setting financial goals, investors should take into account short term and long-term goals. Short-term goals could be achieved in a span of two years, whereas long term goals may stretch beyond five years.

A new investor with a personal finance goal of Rs 50 crore in 20 years raised a query to ET Mutual Funds on Monday.

“I would like to know how much should I invest through SIPs and in which funds to create a corpus of around Rs 50 crore in a span of 20 years, with moderate risk,” the enquiry read.

The expert who responded to the query called the goal ‘unrealistic’.

“Assuming an annual return of 12 per cent, you have to invest around Rs 5 lakh every month through SIPs for 20 years to create a corpus of Rs 50 crore. You might have set an unrealistic goal for yourself. You can try to quantify your various financial goals to get a realistic target corpus, and launch an investment plan to achieve it,” the response read.

While investing in mutual funds is often a sought out investment for its tax saving benefits, it may still attract some amount of tax. The different kinds of tax saving mutual funds can be open-ended, debt/income funds, liquid funds, equity growth and balanced funds.

Though investors will save a grave deal on taxes by investing in these funds, they may still have to pay taxes as applicable.

No tax is levied on long-term capital gains or for those equity mutual fund units that are being held for more than a year.

The ‘best mutual funds’ for the month of December were listed out in an earlier report by ET.
 
They were as follows:

  • SBI Bluechip
  • HDFC Balanced Fund
  • Aditya Birla Sun Life Top 100
  • SBI Magnum Multicap Fund
  • Mirae Asset Emerging Bluechip Fund
  • L&T India Value Fund

Also read: 

  • 10 things to note for filing income tax on mutual fund investments

You may also want to watch:

TAGS:
mutual fundsEquity Investmentstax saving mutual fundsPersonal Financefinancial goals
Next Article

NEXT STORY: Get handsome returns in 5 years with these tax saving funds

RELATED NEWS
Earn while you sleep! Rich tips for you! Get wealthy, here is what you need to do now Earn while you sleep! Rich tips for you! Get wealthy, here is what you need to do now
National Pension Scheme: This NPS trick can help you make more money than public provident fund (PPF), additional Rs 50,000 income tax exemption National Pension Scheme: This NPS trick can help you make more money than public provident fund (PPF), additional Rs 50,000 income tax exemption
Income Tax Payer? Save your money! Top 10 tips for ITR filers to profit from Income Tax Payer? Save your money! Top 10 tips for ITR filers to profit from
Buying mutual funds online? Top tips to focus on to make hefty money and avoid losses Buying mutual funds online? Top tips to focus on to make hefty money and avoid losses
Stock Market vs Mutual Funds: You can even lose your money if you do this Stock Market vs Mutual Funds: You can even lose your money if you do this

LATEST NEWS

Here is why Maruti Suzuki-Federal Bank tie-up is a big win for car buyers, auto loan seekers - Check key benefits

Prices of Hyundai cars to go up from this month - What potential buyers should know

FADA releases Nov 2019 Vehicle Registration Data; extended cheer to dealer community- Check key details

BSVI petrol version of Brezza & S-Cross to be launched in the fourth quarter: Shashank Srivastava, Maruti Suzuki

SBI, other PSU bank shares sell-off to pull Bank Nifty under 31,000 mark; Experts slap 'sell on rise' on Bank Nifty future

Payment of over Rs 1.47 lakh crore! Modi government's tough action against Airtel, Vodafone Idea and Tata Tele

Hot stock tip! ICICI Bank share price to soar, give up to 15% returns in just 30 days; Here is how to make a profit

NIOS 10th, 12th Exam Results 2019 declared; Download at nios.ac.in; here is how

Vivo V17 vs Realme XT vs Redmi Note 8 Pro: Prices, specs, features compared

OnePlus 7T Pro review: Let's just say, you better settle for OnePlus 7T

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO Pension
  • Income Tax Return
  • Hyundai Venue
  • NPA
  • Home Loan

Trending Topics

  • Income Tax
  • 7th Pay Commission
  • Reserve Bank of India
  • PACL Refund Claim Online
  • GST
  • income Tax Calculator

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved