
Can a Rs 1 lakh monthly SIP buy you a Bangalore apartment in 10 years?
Bangalore within the next decade by investing Rs 1.04 lakh per month across four mutual funds.
At just 24 years old, with a high-risk appetite and a 10-15 year investment horizon, the investor has put money into Parag Parikh Flexi Cap Fund, Nippon India Small Cap Fund, Nippon India Large Cap Fund, and Quant Mid Cap Fund.
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Many users pointed out a key challenge—inflation. With Bangalore’s real estate prices rising at a pace similar to investment returns, just saving might not be enough. The consensus? A 10% annual SIP increase and an expected 13% return per year could improve the odds.
A monthly SIP investment of Rs 1.04 lakh with no initial investment and an expected rate of return of 12% for a period of 120 months will help the user create a corpus of Rs 2.91 crore with Rs 1.25 crore as the invested amount.
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In another scenario, a monthly SIP investment of Rs 1.04 lakh with no initial investment and an expected rate of return of 15% for a period of 120 months will help the user create a corpus of Rs 2.42 crore with Rs 1.25 crore as the invested amount.
“A Rs 1 lakh SIP per month with 15% growth and a 10% step-up would yield a corpus of Rs 3.5 crore. However, there are a few red flags in your portfolio: Nippon India Large Cap and Parag Parikh Flexi Cap have a 30% overlap. Nippon Small Cap has a large