Goal to accumulate Rs 3 lacs in next 3 yrs ? How to Achieve ?

POSTED BY satheesh ON September 30, 2013 7:12 pm ONE COMMENT

Hi All,

My age is 23 years working in a IT firm monthly 23000 in hand . I want to invest for my future. I have stared two mutual funds HDFC balanced fund and Franklin BLue chip..I have goal of 3 lakhs in next three years.Want to invest for my future life.Any suggestions

One reply on this article “Goal to accumulate Rs 3 lacs in next 3 yrs ? How to Achieve ?”

  1. ashalanshu says:

    Dear Satheesh, 3L Rs. in 3Y from Equity MFs is sure shot way to be in RED. Eq. MFs should not be used as your vehicle for such short term. Please invest the amount in a debt fund. Please invest around 7000-7500 Rs. mly in a debt fund to reach your target.

    thanks

    Ashal

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