Building a large mutual fund corpus requires more than simply investing regularly. Fund selection, asset allocation, diversification and annual SIP increases can play an important role when an investor has a long-term financial goal. For investors targeting a Rs 8-10 crore corpus over two decades or more, reviewing whether the portfolio has the right mix of large-, mid- and small-cap funds can be particularly important.
A 37-year-old investor with an annual income of Rs 14 lakh reached out to ETMutualFunds and said that he is investing Rs 50,000 every month through mutual fund SIPs and has set a target of building a corpus of Rs 8-10 crore over the next 23 years.
