I am a 35-year-old professional earn ₹1.5 lakh out of which I can invest half every month. I have used my savings to buy a house and now I have around ₹6 lakh in the bank. I want to start my own business in 5 years and I will need ₹75 lakh for this. How will I be able to reach this goal and what funds should I invest in?Usually, there are two ways to work on a monthly investment plan for goals that are for the long term. Your goal of creating a corpus of ₹75 lakh over five years has a reasonable time horizon. One approach is where you invest the same amount every month for the coming five years.
Financial calculators offer oversimplified projection and can come apart easily; why you must not take these as final word
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