Financial Planning

POSTED BY Srinivasan ON October 2, 2012 11:58 am COMMENTS (2)


first of all, would like to thank the moderator of this website to keep this website very useful for financial planning for novice to expert.

I am srinivasan, working in a private firm. I am interested / looking forward for suggestions which will improve my financial planning for future betterment.

I am drawing net income of 1L / month, having following investments :

30k / month towards bank recurring deposit at 10%

9k/month towrads mutual funds SIP (HDFC equity , HDFC T200, Sundaram Select Midcap,  Reliance retail, Reliance power, Pricipal emerging bluechip)

5k/month – postal RD

30k/year towards LIC – (16k towards money back policy, 10k towards pension policy and 2k for endowment). I also have invested 1.5L towards LIC wealth plus , though runing in loss over last 3 years.

investing 12% on VPF – on top of PF which is 5k

I am living in my own apartment.

I have bandwidth to accomodate another 25k to 30k / month for which i am looking for an apartment as investment from my end.

Please suggest for investment options / any sugegstions which will help / tune my financial planning for betterment.



2 replies on this article “Financial Planning”

  1. I think better than putting 30k in RD , mix it with 20-25k per month spare and buy a under construction property in some emerging city from investment point of view . That would give you a much better risk adjusted return .

    Note the risk is quite more than the current option . But if not now , then when will you take it 🙂

    1. Srinivasan says:

      Thanks Manish for your response. that is one option what i am working towards to invest to make asset.

      the reason why i went for RD is to create capitial wealth to secure.

      on the otherside, for remaining 25 to 30k, do u advise for PPF or NPS .. note that i had gone thru the posts around PPF , NPS alerady. the reason behind my question is again to create some capital wealth

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Download Our FREE Ebook!

Available only for first 100 people today

Download Our FREE Ebook!

Available only for first 100 people today