Financial Planning

POSTED BY RV ON July 14, 2012 11:47 am COMMENTS (4)

Hi All,
I would like your astute inputs for me to plan my finances in a correct direction. I’ve gone through some of the tips and recommendations you’ve provided and it looks to me that I too would find a good advise.
Below is my current portfolio:
1) Salary 60k
2) Investment in UTI Adv Series-I 5k
3) Investment in NSC 11k – gets matured in 2013
4) RD 9k for 1 year
5) Shares 24k – just 1000 ahead of my investment from 1 year
6) LIC 59340.00 p.a.
7) Montly Expenses 35k including Credit Cards etc
8) Zero Loans/Debts

Please advise, I know iam on basic low yield savings hence look for a better options, now i am somewhat thinking to go on Large CAP Mutual Funds.

Kind Regards

4 replies on this article “Financial Planning”

  1. RV says:

    Hi Ashal,
    Any inputs please….


  2. RV says:

    Any replies pleaseeee

  3. RV says:

    Dear Ashal,
    Spouse’s p.m.: 18k, her saving is around 5k pm. not included for any of my expenses. Its all her’s 🙂 I can give her breakup once mine is done:)
    Dependents: Mom around 69 yrs and Wife, No kids yet
    Health Cover: 15k p.a as you know and apart from this 4lac from company for myself and wife. Mother’s I’ve done for 2lacs from the same provider.
    PF: Accumulated amount around 6.2 lacs
    PPF: None
    No other investments from myside.

    Wife’s breakup below
    Earning: 18k
    Expense: 12k, misc spending on house 1k sometimes
    Saving: 3k pm in pigmy and 2k to her saving bank account.
    Assets: She has a site, which we have not planned to build anything. just keep it as is.

    Kind regards,

  4. Dear RV, what’s the situation of your family, spouse’s income if any, no. of dependent in the family, health cover, term cover, PF & PPF & any other investments………………..



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