If I invest Rs.1 lakh today (when BSE is 19.5k), what will it be when BSE becomes 70k

BSE is 19.5k today. If I invest in a mutual fund Rs.1 lakh now, what approximately will it be when BSE hits 70k?

Re: If I invest Rs.1 lakh today (when BSE is 19.5k), what will it be when BSE becomes

hi bengu it depends on which mutual fund u invest.

there r some which gave -ve returns when market was in bull run

Re: If I invest Rs.1 lakh today (when BSE is 19.5k), what will it be when BSE becomes

If it is a mathematics question, it will approximately be 3.5 Lacs. However,
A) some mutual funds give lower than market returns (debt/MIPs), some give much higher (and higher losses on the downside).
B) They have expenses !! They eat away 2.5 percent of your growth every year.
C) This is not considering dividends which may be issued by company

Re: If I invest Rs.1 lakh today (when BSE is 19.5k), what will it be when BSE becomes

sanjo very good outlook. i think diversify your investment in 30 stocks of BSE index. thus you may get that 3.5 lacs return.

Re: If I invest Rs.1 lakh today (when BSE is 19.5k), what will it be when BSE becomes

Just keep buying the Nifty ETF in dips and you should get very good returns and safe too!

Re: If I invest Rs.1 lakh today (when BSE is 19.5k), what will it be when BSE becomes

Amazing answers guys..well I think instead of taking a risk of investing in individual stocks, buy the index itself. In the longer term, Nifty & Sensex have given almost equal returns. Hence, you can buy Nifty ETF's for 1 lac and you can make 3.5 lacs when Sensex and Nifty rally in the future. You can buy Nifty Bees- its current price is 890.