Prajwal, you can check this – https://zerodha.com/calculators/

After 22 years, with a starting investment of ₹5000 in January 2025, increasing by 10% annually, and growing at an 11% annual return (compounded monthly), your corpus will be approximately ₹1.21 crore (₹12,085,220). Why does your Excel calculation show 1.139 Cr?

Checking, not sure why we dont have it yet 🙂

Its on a pro rata basis right?

Oh yes, PPF and NPS are good options too 🙂

Thanks Chirag. So when you increase the rate, you achieve savings faster. However, my take on personal finance is that it is always better to be conservative than be aggressive with your assumptions.

“Increase the rate of return, maybe from 11% to 14%, but then is like robbing yourself of your future. So we won’t commit this sin”

None of the funds really offer any guaranteed returns, they all have market risk. I’d suggest you speak to a professional financial advisor once.

I am already a retired person since 2019. I have a penny pension amount which is not sufficient for my day to day expenditure. I have some FDs through which I am getting some monthly interest to cop-up my daily needs.

My question is how much amount should I invest in MF, lumpsum, so that I can get atleast Rs.20000 – 25000 per month. I mean to say what type of funds it should be Debt funds, hybrid funds, ELSS funds, Aggressive funds or what else? So that I may get regular income plus my hard earned money should also be safe and growth

Noted, Amit. We will fix it sometime soon.

Thank you very much for making complex money matters simpler to understand. I particularly liked this bit below:
“My long term (10 plus years) growth expectation (CAGR) from these assets are as follows –

Real estate – 8-10%
Fixed Deposit – 6-7%
Gold – 8-9%
Equities – 10-11%”

Considering the pandemic and current market situation in 2023, curious to know what might be your updated long term growth expectations from these assets? Would be great if it seems possible to share. Thanks!