Which Mutual Fund should I select for my retirement ?

POSTED BY Ashok Kumar ON September 23, 2013 2:53 pm COMMENTS (5)

I have selected few funds for investment using Value Research. I would like to invest for my retirement. Could you please tell me which mutual funds should I select?

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Fund Return Std Dev Sharpe Ratio Beta Alpha R-Square
HDFC Top 200-G 22.63 19.59 -0.21 1 -1.93 0.94
DSPBR Top 100 Eqt Reg-G 21.99 17.12 -0.08 0.87 0.48 0.93
SBI Magnum Equity-G 20.73 16.15 -0.14 0.83 -0.43 0.95
Franklin India Bluechip-G 21.26 15.79 -0.12 0.81 -0.16 0.96
Kotak 50-G 20.87 16 -0.37 0.8 -2.65 0.93
Max 20.96 0.11 1.09 3.51 1
Min 13.78 -0.46 0.68 -6.38 0.81

 

5 replies on this article “Which Mutual Fund should I select for my retirement ?”

  1. ashalanshu says:

    Dear Ashok, the figures ‘ll change to 5.1L Rs. mly expenses or 62L Rs. roughly yly expenses @ age 60. Post Tax if you are earning around 5.5% from your corpus, @ age 60 you need a corpus of around 11.3Crore. That’s age 60. You may live at least 25-30 more years in your retired life so actual ned of corpus ‘ll be much more.

    Your comments please. 🙂

    thanks

    Ashal

  2. Ashok Kumar says:

    I knew you would rise this question. Actually I give money to my parents every month so my monthly expense is high 🙂

    Actual expenses are 20k, then what is the answer? 🙂

  3. ashalanshu says:

    Dear Ashok, you are single and still having 75% mly income towards expenses? Is everything alright? How did you come to the figure of 9 Crore Rs. for your retirement?

    @ 10% Inflation rate, by the time you turn 60, your 45K mly expense ‘ll become 11.5L Rs. Which translates into a corpus requirement of 23 Crore Rs. Remember, inflation ‘ll keep pushing you down even in your retired life, hence actual corpus need ‘ll be even higher. 🙂

    Think seriously over it.

    thanks

    Ashal

  4. Ashok Kumar says:

    I will be 26 on 9th October,2013. Planning to retire when I turn 60. not married yet, mother and father but father work in Public Sector Bank, monthly income around 60k, expenses 45k, target amount 9 crore or more.

  5. ashalanshu says:

    Dear Ashok, when you ‘ll retire? what is your current age? Your current no. of dependents? Your mly income? Your mly expenses? Your target amount for retirement? …………

    Thanks

    Ashal

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