Vinay Kumar
02-11-2013, 12:18 PM
I am looking to build a corpus of about 2 crores in 20 years for my retirement. Could you please suggest some good equity funds. I can bear risk. Maximum I can invest is Rs. 5000 and Please also tell me that will this amount (Rs. 5000) is sufficient to meet the above goal.
Rahul
26-11-2013, 04:25 PM
Check this calculator - Link (http://www.policywala.com/forum/reincalculator.php)
As this calculator is for 10 years, so I am keeping the final amount to 50,00,000/- with 12.5% and deposit frequency to monthly. You have to pay 20,888 monthly.
Not 5,000 as mentioned above. Are you ready to invest Rs. 20,888 monthly?
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