Hello Manish,
I am currently employed in a MNC in Bangalore.
My gross salary is 44491 per month and take home is 41361 per month.
Kindly guide me on the financial planning.
My house rent is 12000 PM. Also i have an LIC plan (Jeevan Surabhi plan for 20 yrs which i had started when i was 25 yrs old) whereby i investment whereby I pay 36,540 (=9135*4).
I have closed my two personal loans early in 2012.
Please guide me on how to invest. Is investing in tax saving MFs a good option.
I already had some investment in MFs for a lock period of 3 years whereby i had invested total 35K in 2008 and got 40K in 2012. I have taken back the same in the month of Nov 2012.
Is MF or SIP or FD or RD a good option for a person like me.
Also my age is 33 and marital stautus is Married plus spouse.
Also let me know what is the max amount I can show for tax purpose.
I do not have any plans to go for home loan or educational loan as of now.
Thanks