Next 5 year I need Rs. 50 lac. Which amount invest Monthly?

Question: From now, Next 60 month I need Rs. 50 lac. Which amount invest Monthly? - K. K. Suresh, Madurai - 2


Answer:

If you can construct a portfolio with 12%return per year you need to save monthly a sum of Rs. 61,000 for next 60 months. That is 5 years. 


Your Total Corpus About Rs. 50, 000 Lac. If the return is higher the corpus will be higher. 

This amount Rs. 61,000 will be invest in Balanced and equity mutual funds. 
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