Mutual funds to create a corpus of ₹5 crore for retirement

www.livemint.com
2 min read
fairly easy
I have gone through a few risk profile assessment tests online and figured out that my risk profile is moderate.
I am 37 years old. I want to invest in mutual funds for my retirement. Which are the best schemes? Which are the best mutual funds to save for my retirement? I want a corpus of ₹5 crore at age of 60. How much should I invest?

-Dinesh Chand

By Divam Sharma, co-founder at Green Portfolio

Considering that you retire at the age of 60, you have 23 years to achieve your investment corpus.

You can achieve your investment goal of a retirement corpus of ₹5 crore by investing ₹50,000 per month for the next 23 years and compounding the money at 10% per annum.

Considering that you have a moderate…
Avneet Kaur
Read full article