Is within any MF which can money inbetween 5 to 10 Lacs after 15 to 20 yrs & pls. inform me roughly speaking Premium too.?
Answers:
beside 25% pa achieve 10 times of capital
invest 10000 once & gain 10 lac surrounded by 20yr
surrounded by balance/ FOF/ quibble fund
but better trade self
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what exactly is your press. u hold unstipulated anywhere what is the amount u want to invest beside MF company how will they reimburse you 5 to 10 lakhs, they are business citizens not charitable trusts that they will make a contribution u 5 to 10 lakhs a moment ago because u want it. Please phrase your question especially alertly and afterwards post. writedown ur put somebody through the mill again, check and recheck it and after hope to return with correct answer
You own not indicated the amount you want to invest on which you are expectationsare that much after the duration.
r u chitchat almost SIPs. you can invest in retirement plans from frequent main bank contained by which the amount is vitally invested thru the MF route. even LIC and other insurance firms enjoy such plans
As per your statement , later life term is 15 to 20 years.
considering a growth rate of 15 to 20% for mutual fund investment for 5 to 20 years, you enjoy to invest Rs.20,000/- to 25,000/-for three years in single residence to return with 5 to 10 lacs. You can invest any of the top performing growth fund. But it is better to invest in insurance companies to grasp both insurance and better returns for the adjectives.
I would suggest you to invest regularly Rs.60000/= every year in PPF for subsequent 16 years and fetch 1965000 after 16 years to some extent than MF which not a soul can guarantee.