Advice pls

POSTED BY SREEKANTH ON November 25, 2012 6:48 am COMMENTS (4)

iam NRI, investing 21k per month, for corpus for daughter marriage and child eduction.

goldbees 6k , hdfc children gift fund 5k, icici prudential, idfc premier equity, birla sunlife, dws global agro . please suggest it is ok or not?

4 replies on this article “Advice pls”

  1. To comment if its ok or not , you need to give us the target value, only then we can tell if what you are doing will help you reach the target or not !

    1. SREEKANTH says:

      manish, Target : 1 Crore in 15 years.

      gold bees 6k, hdfc 5k, remaining others 2.5k per month ( total 21k per month)

      please let us know are they good, any change from the present portfolio?

      1. I think you are going fine . You need to invest 21-22k per month for 15 yrs @12% return to generate 1 crore .While 6,000 is going to gold , and rest in Equity , I think you are on track , but increasing your investments later by some margin will also help .

        https://www.jagoinvestor.com/calculators/html/Goal-Planner.html use this calculator to get more clear direction

        1. SREEKANTH says:

          Thanks Manish, Please let us know, whether my Equity Portfolio is good or any modifications required. Please confirm?

          Thanks
          Sreekanth

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