Mr.Vipin asked ::
want to invest 2,00,000 rs in high risk mutual fund for 5-8 yr.what is maximum return i can get.and i want to get dividend quarterly .which mf provide maximum return in india
SRIKANTH SHANKAR MATRUBAI replied ::::
Dear Vipinenator, you seem to be very aggresive investor, going by the query you have posted, here and in other posts.
To get 2,00,000 in 8 years, through sip investment at 21% rate of return, you need to invest 877 per month. And at a reasonable 18%, rate of return, you need to invest 993 per month.
Of course, if your investment is lumpsum, then the arthimatic changes dramatically.
To get the same 2,00,000 after 8 years, at 18% returns, you need to invest in a lumpsum a amount of Rs.53208!!!
Even assuming a return of 21%, you need to invest Rs.43526 as a lumpsum.
so, it is always advantageous to go for sip.
the funds you should consider investing.
Birla Sunlife Equity Fund
DWS Opportunities Fund
JM Contra Fund
ICICI Dynamic fund
Lotus India Agile Fund
Mirae Asset India Opportunities fund
Reliance natural Resources Fund
sundaram Rural India Fund
these are all Aggressive Funds and should suit your risk profile. Do review your investment every 6 months or so.
Best of luck,
Srikanth Shankar Matrubai
2 comments:
Hi Shri,
have a query.... you had mentioned that to go for 250*2 SIPs for Reliance growth.
my query...
for funds other than ELSS the first minimum purchase is 5000 and there inafter comes the sip of 500 or 1000....
pl let me know how to go for 250 sips without first minimum purchase..
thanks
Dear,
For sips, 5000 is not the Minimum purchase price. Reliance Mutual Fund and Lotus Mutual Fund allow sip of even 100 per month.
And for your information, Some Fund Houses like Sbi allow 1000 as Minimum Purchase price and Even Reliance in its Reliance Regular Savings Fund has only 500 as Minimum Investment amount.
Regards,
Srikanth Shankar Matrubai
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