How to invest Rs 40 lakh in mutual funds to get annual income and Rs 1 crore at the end of 15 years?

Our suggestion is that you invest 50% in quality equity funds such as Mirae Asset Largecap, Parag Parikh Long Term Equity and ICICI Pru Nifty Next 50. Keep the rest in liquid or ultra short-term funds and withdraw the money when needed.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/invest/how-to-invest-rs-40-lakh-in-mutual-funds-to-get-annual-income-and-rs-1-crore-at-the-end-of-15-years/articleshow/72083590.cms