Online calculators can help you decide if your investment rate is enough to reach you

I am 52 years old and I plan to retire at 60 years old. i can start investing ??30,000 per month during those eight years. What funds should I invest in?


It is not very easy to offer such a portfolio. Much depends on what investments you have already made and whether or not they are used to generate income after retirement, any other source of income after retirement like pension, monthly expenses, medical insurance etc. For these reasons, a moderate risk portfolio is suggested. Invest the ??30,000 as follows: ??8,500 in Mirae Asset Large Cap, ??6,000 growth opportunities Invesco India, ??5,000 each in Kotak Emerging Equity and Aditya Birla SL Corporate Bond and ??5,500 in corporate bonds ICICI Pru. This will give your portfolio a split between equity and debt of approximately 65:35. The equity portion includes a mix of aggressive and cautious funds. Review your portfolio once a year to ensure the funds continue to perform.

I have systematic investment plans (SIP) of ??5,000 each in Parag Parekh Long Term Equity, Axis Blue Chip and Motilal Oswal Nasdaq 100 FOF. I intend to accumulate ??1 crore at age 35 to buy a house and have a body of ??5 crore at the age of 50. I plan to increase my SIP amounts by 15% each year. Do I need to make any changes to achieve my goals? Is my fund selection correct? I also invested ??1.5 lakh of public provident fund (PPF) over the past three years.


You did not provide your current age so that I know how much time you have until the age of 35. You can use online calculators to find out if your current investment rate will meet your goal, or use MS Excel or Google Sheets to do the math yourself. If you’re young, you should be more than able to comfortably reach your retirement goal, especially if you increase your investments by 15% each year.

Your fund selections are correct and you can continue SIPs there. Consider adding short term corporate bond funds to your portfolio as your SIP size increases. Once you’ve added debt funds, start adding slightly more aggressive equity funds such as large and mid-cap funds, mid-cap funds, and small-cap funds.

Keep about eight to 12 funds, depending on the size of your wallet. Review your portfolio every year.

Srikanth Meenakshi is co-founder, Queries and views at

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