Financial planning



I am earning 35,000/month. presently i have following investment
LIC – 57000
IDBI monthly growth – 1000

In future, I am planning to purchase a house around cost 25L in 2 years. Please suggest me for my financial planning.

3 replies on this article “Financial planning”

  1. Dear Anand, what are the details of your LIC policies? That IDBI is a MF or ULIP? Out of that 25L Rs. how much amount you ‘ll arrange from your own pocket & how much from loan? For that self funding, how much amount do you have already with you?

    What are your other investments & assets?

    Your family size, your current loan liabilities if any?……………………




      Dear Ashal,

      thanks for replay,

      As you asked that about my details are;

      1. My LIC policy Jeevan Anand (me & My wife)
      2. LIC policy for child (jeevan ankur)
      3. IDBI 9Growth) ULIP plan

      I have 2 lacs FD in bank. I am planning to take housing loan of 15 L. Presently i have two plots (1000 sq ft) and its value is 5.5 lacs.

      I have small family. Me, mother, my wife and a child (1.5 years old). She is also planing to do job. She is a MBA (HR).

      I do not have any loan liability.

      Actually i do not know much about the financial planing, investment making etc than can only i be able to decide my projections for future. so i think i also have to improve my knowledge on that. so please help me to on this issue.

  2. Anand

    Financial Planning is not done like this . All you are asking is some investment advice. You should first understand how much you need to invest per month for your goal , which you can find out using this calculator :

    Once you are clear about the monthly investments number . Then put that money in 2-3 good Mutual funds like Birla Sunlife front line equity , HDFC Equity , DSPBR top 100

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Your email address will not be published.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