-Arjun Khanna
Assuming an annual return of around 12%, you need to invest around Rs 64,560 every month to get Rs 1.5 crore in 10 years. if monthly Investment Too much for you, you can postpone your goal. Start with what you have and add more money every year when you get your annual salary increase. You can also try to reduce your extravagance to increase your savings and investments.
We generally ask moderate investors to invest mostly in flexi cap funds with long investment horizon. If they want to reduce the risk, they can also invest in large cap funds.
Best Flexi Cap Funds to Invest
Best Large Cap Funds to Invest
Ideally you should move your corpus to a safer place at least two years before your target. This is to ensure that sudden fluctuations in the stock market do not affect your plans. Once you reach your goal you can also take it on a safe path.