If you want to accumulate a wealth of around 30 Lakhs for a long term period of 10 Years for your daughter’s marriage, the following should be your investment plan.
Investment in – Mutual Funds
Investment Type – SIP (Systematic Investment Plan)
Monthly Investment Amount – Rs15000
Duration – 10 Years
Expected Rate of Return – 12%
Expected Wealth in Year 2031 – Rs 34,85,000
Funds to be selected according to your Goal – Large Cap, Multi Cap Funds, Diversified Funds