News From Press Can you earn ₹2 cr in 5 years by investing ₹2 lakh per month in SIPs?

Can you earn ₹2 cr in 5 years by investing ₹2 lakh per month in SIPs?

Source: Mint Mar 3, 2022

I will retire in May 2032 and to garner a corpus of ₹1.35 crore, I would like to invest ₹45,000 per month in mutual funds. I also want to park a portion (25-30%) of the contribution in debt funds. Will it be prudent to book profit on one or two occasions during the intervening period between now and my retirement and park the amount in a select debt fund or reinvest in the best performing funds.

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