This was originally posted by Omkar Patel on FinTalks Facebook Group on 16th February 2021.
This was what he asked:
Need Mutual Fund Advice:
I am 20 years old. Let’s assume I will be retiring at 60. So, I have 40 years for retirement.
I want to invest ₹10-15k per month for 40 years. I will also increase this amount every year by ₹500 due to inflation.
I can invest around ₹15k every month right now.
Which funds should I consider investing in?
As you can imagine, due to the nature of the post, it gained quite some traction. And it generated quite a few interesting responses. Do check out the thread on our Facebook Group to get some insights.