Subbu's Solution

I am serving as a Sr. Sales Manager in Reliance Life Insurance. My monthly net income is 20000+. I can save 4000/5000 per month, just suggest me how can I

gather a fund of 1500000 in next 12 years.

- Mr. R K Senapati
Dear R K Senapati, Achieving your financial target of Rs 1.5 million will be a function of the returns. If you look at the table below (source of calculator a post-tax return of 11% is needed for you to achieve your financial goals. Based on historical return numbers, equity has a higher probability of earning an 11% post tax return. However, equities are volatile. Therefore, you need to consult your financial advisor to better evaluate your risk appetite and the returns you could expect in order to reach your goals.

Savings Calculator

Monthly Savings
(In Rupees)

No. of Years

Annual Return Rates

Total Portfolio
(In Rupees)


12 years







The numbers used in the table above are only for illustration purpose only.


Subbu's Solution is authored by I. V. Subramaniam. I. V. Subramaniam is a director of Quantum Asset Management Company Private Limited. The responses expressed here are strictly for information and explanation purpose only. The responses are meant for general reading purpose and not to be considered as an investment advice / recommendation. The responses are not intended to be an offer or solicitation for the purchase or sale of any financial product or instrument or units of the Mutual Fund. Readers are advised to seek independent professional advice and arrive at an informed investment decision before making any investments. The Sponsor, The Investment Manager, The Trustee, their respective directors, employees, affiliates or representatives shall not be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including lost profits arising in any way from the information contained in the responses.

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Please visit - to read Scheme Specific Risk Factors. Investors in the Scheme(s) are not being offered a guaranteed or assured rate of return and there can be no assurance that the scheme's objective will be achieved and the NAV of the scheme(s) may go up or down depending upon the factors and forces affecting securities markets. Investment in mutual fund units involves investment risks such as trading volumes, settlement risk, liquidity risk, default risk including possible loss of capital. Past performance of the Sponsor / AMC/ Mutual Fund does not indicate the future performance of the Scheme(s). Statutory Details: Quantum Mutual Fund (the Fund) has been constituted as a Trust under the Indian Trusts Act, 1882. Sponsor: Quantum Advisors Private Limited. (liability of Sponsor limited to Rs. 1,00,000/-) Trustee: Quantum Trustee Company Private Limited. Investment Manager: Quantum Asset Management Company Private Limited (AMC). The Sponsor, Trustee and Investment Manager are incorporated under the Companies Act, 1956.

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