I want to build an investment corpus of Rs 1 crore in 10 years. Where should I invest?

I am 28 years old and started investing Rs 12,500 per month in tax savings plans and Rs 7,500 in mutual funds via SIP. I intend to remain an investor for at least three years. I wanted to know what other investment options are possible other than NPS, fixed deposits and gold. My plan is to build a pool of at least Rs 1 crore over the next 10 years. Are you suggesting that I invest more in mutual funds or should I consider other alternatives?

My MF Stock Portfolio consists of Rs 4.8 lakhs in HDFC Top 100, Rs 4 lakh in HDFC Shares, Rs 1.2 lakh in HDFC Housing Opportunities, Rs 5.4 lakh in HDFC Hybrid Equity, Rs 3.7 lakh in HDFC Midcap Opportunities, and Rs 3.8 lakh at BSL Dividend Yield, Rs 2 lakh at BSL MNC Fund, Rs 2 lakh at IDFC Flexicap, Rs 1 lakh at FI Flexicap, Rs 2.5 lakh at Parag Parikh Flexicap, Rs 37,000 at Kotak Flexicap, Rs 27,000 At FT Focused Equity and Rs 3.4 lakh in ICICI Pru Equity Provident Fund. How do I cancel the amount of money I have? I am retired but I only want to stay in stock funds.

Raj Khosla, Founder and CEO of MyMoneyMantra.com answers: Since his retirement, the portfolio needs to be rebalanced to protect capital and liquidity, while ensuring balanced growth. Currently, it has 34.44 lakh rupees in 13 schemes and it is highly recommended to reduce the amount of funds. Keep 4-5 money. Since you want to keep investing in stocks, you need to split your money in a ratio of 20:60:20 into large, flexible, and small equity funds, respectively. Recommended funds are: HDFC Top 100, Parag Parikh Flexicap, HDFC Flexicap Fund, Axis Midcap and SBI Small Cap. This will diversify your portfolio. Review the portfolio annually based on your cash flow requirements.

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