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Am i on right path on my financial goals?

As on today
Newly married couple
My Monthly income 10k (Age 29yrs)
Wife’s income 15k (Age 28yrs)

TOTAL Expenses (10k/m)

(Living with Mother & Father (Father’s own house Senior Citizen + his pension 5k) Budget Family,

A) MY PORTFOLIO
ANNUAL INCOME 1,00,000/- APPROXIMATE
ANNUAL EXPENSES 50,000/-

INVESTMENTS:

MONTHLY INV 500 – 35,000 PPF MATURITY
MONTHLY INV 1000 – HDFC Top 200 Fund(G)
5,000.00 211.5059 23.640
MONTHLY INV 1000 – HDFC Multiple Yield Fund 2005(G)
7,000.00 18.9059 370.255

SAVINGS:
2,00,000 WORTH OF LAND IN UPTOWN
30,000 WORTH OF LAND IN VILLAGE

MAJOR CHALLANGE:
BUILDING EMERGENCY FUND

FUTURE PLAN
1. planning of SIP near future
2. Family Floater health insurance, later, Term Plan

B) WIFE’S PORTFOLIO

ANNUAL INCOME 1,50,000/- APPROXIMATE
ANNUAL EXPENSES 36,000/-

INVESTMENTS ON POSTAL :
MONTHLY INV 500 – 3,000 R D MATURITY
MONTHLY INV 470 – 2,500 RPLI MATURITY
MONTHLY INV 1000 – 50,000 PPF MATURITY
MONTHLY INV 1000 – HDFC Balanced Fund(G)
7,000.00 64.2467 108.955
MONTHLY INV 1000 – Birla SL Dividend Yield Plus(G)
5,000.00 93.4003 53.533
MONTHLY INV 1000 – Quantum Gold Saving Fund(G)
5,000.00 13.5786 368.226

SAVINGS :
GOLD JEWELLERY 22CT WORTH 2,24,000

MAJOR CHALLANGE :
GOLD SCHEME
BUILDING EMERGENCY FUND DURING PREGNENCY

FUTURE PLAN
1. Gold Scheme 2,000/- per month (15 months – maturity 34,000)
2. To build an emergency fund during pregnancy

THANKS

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