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Mutual Fund Corner: How much I will get by investing Rs 50,000 per month?

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Want to invest in mutual funds but don’t know how to go about it? Get all your mutual fund related queries answered by our expert, Manoj Nagpal, managing director and chief executive officer, Outlook Asia Capital, on our show Mutual Fund Corner.

Mutual Fund Corner: How much I will get by investing Rs 50,000 per month?
Want to invest in mutual funds but don’t know how to go about it?
Get all your mutual fund related queries answered by our expert, Manoj Nagpal, managing director and chief executive officer, Outlook Asia Capital, on our show Mutual Fund Corner.

Q: 62-year-old Saraswathi TN writes us from Bengaluru. If I invest Rs 50,000 per month, how much I will get in return?
A: Return expectations will be based on the risk profile. Since you are retired, I would assume a conservative risk profile. Dynamic asset allocation funds like ICICI Balanced Advantage Fund or still lower risk equity savings fund could be an ideal choice. Return expectations accordingly should be lower in band of 7-10 percent.
Click here to watch the full episode of Mutual Fund Corner

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

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