Dear all,

My investments are as below

Sip in mutual fund:

1.Birla frontline Rs 1000(since May 2010)

2.Dsp top 100 Rs 1000(since june 2010)

   Dsp top 100 Rs 1000(since june 2011)

3.Idfc Prem.Eq. Rs.2000(since june 2010)

   Idfc Prem.Eq. Rs.3000(since june 2012)

Nsc : Rs.25000 since oct 2006

PPF:Rs.70000 since feb 2002

EPF:Rs.125000 since june 2005

Bank Fixed Deposit : Rs. 4 lacs

Gold Jewellary : 100 gm

1 bhk Home: approx.value Rs 20 lacs

Net Salary: Rs 40000 pm.

I want to buy a new home in ulwe navi mumbai ,cost is around 25 lacs.

My plan is

1 Home loan :                                      Rs 15 lacs                        EMI :Rs 17000 for 15 years

2 Loan Against 1bhk home :          RS 5 Lacs                         EMI : Rs.7000 for 15 year

3.Loan against FD :                      Rs.3 lacs                          EMI : Rs.4000 

4.Stop and sell mutual fund:         Rs.1,50000                             ——-

5.etc                                          Rs. 50000

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Total                                          Rs.25 lacs                               EMI :Rs.28000

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Net salary – EMI = In hand

40000-28000=  12000

What is your suggestion about the plan.I like the proerty which is in ULWe,Navi mumbai and future potential of it.

Sometimes I afraid to go by this way.

And thinking to invest through Mutual Fund SIP only.

Please……..

Please Suggest,eagerly awaiting the reply.

Thanks & Regards,

Vijay

9594005495