Building a sizeable retirement corpus requires more than investing regularly in mutual funds. Investors also need the right asset allocation, periodic portfolio reviews, adequate annual step-ups, and realistic return expectations to stay on track with their long-term financial goals. While a disciplined SIP is the foundation of wealth creation, even small changes in investment strategy can make a significant difference to the final corpus.
A 45-year old investor who is investing Rs 58,000 per month with a 10% annual step-up and has an investment horizon of 16 years reached out to ETMutualFunds and sought advice on his portfolio.
