Can I create a corpus of Rs 15 lakh in 2-3 years?
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Raghvendra Nath, managing director, Ladderup Wealth Management, responds:
You have not mentioned the surplus funds available after your monthly household and other expenses. Assuming you have Rs 30,000 surplus every month for next three years, @15 per cent p.a. return, you can reach a corpus of approx. Rs 13.5 lakhs at the end of three years. Ideally equity investments should have an investment horizon of three year +.
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