7 replies on this article “Investing in Mututal Fund”

1. POMIT WADHAWAN says:

   September 13, 2012 at 9:52 am

   Hi Ashal,

   Sounds Good, I would calculate the figure considering YOY inflation. But where to start investing immediately. Let’s say we target only the retirement at this time. Please suggest

   Reply
2. Ashal Jauhari says:

   September 11, 2012 at 2:42 pm

   Dear Pomit, just like your retirement, do an exercise for your kids’ related expenses also. Imagine these expenses are to be done today, how much ‘ll you pay? Now inflate the figure to the actual year of use. Now this fund value is your target amount. Try to save & invest to reach to this target.

   I’m not sure for that 2Crroe Rs. figure ‘ll be enough for your post retirement life?

   Thanks

   Ashal

   Reply
3. POMIT WADHAWAN says:

   September 11, 2012 at 12:07 pm

   Hi Ashal,

   how much you are investing in the house purchase from your own sources?
   Answer: 10-15 lacs

   How did you calculate the 50L figure for child education after 20Y? Any proper calculation or just an imaginary number? Same for Marriage?
   Answer: Random imaginary Figure

   So you think 2 Crore Rs. after 35Y in your retired life are enough? On what basis you put this figure of 2 Crore?
   — Calculated monthly expenditure, keeping in mind inflation as 10% yoy

   Reply
4. POMIT WADHAWAN says:

   August 21, 2012 at 12:50 am

   Also I have a short term goal of buying a car(10-12 lac) 5 years from now. But that is not on priority. So…

   Reply
5. POMIT WADHAWAN says:

   August 21, 2012 at 12:48 am

   HI Ashal,

   I am pretty new to investing. You are right, I chose MFs just for the sake of investing. Sorry but I have no idea about financial planning and am seeking guidance for the same.

   As per your advice, I have stopped right here. But yes I have my goals clearly defined and would like to start investing as soon as possible, I would like to call out again, I have no idea about investing and selected these MFs just by reading through blogs on your forum.

   Would request you, if you could help me plan my portfolio.
   My Goals( I am 26 years old married male – current monthly saving is 15k to 20k)
   1. Child’s Education 50 lac – 20years from now
   2. Own a House – Planning to take a loan for 30 Lac within this year
   3. Child’s Marriage — 50 L — 25 years from now
   4, Retirement — 2 crores — 30-35 years from now
   My goals sound aggressive, but yes 🙂 I want to achieve them

   P.s. I have already started investing in HDFC Top 200 with Rs. 1000 pm. (on friend’s advice) 🙂

   Reply
   1. Ashal Jauhari says:

      August 21, 2012 at 2:18 am

      Dear Pomit, how much you are investing in the house purchase from your own sources? How did you calculate the 50L figure for child education after 20Y? Any proper calculation or just an imaginary number? Same for Marriage?

      So you think 2 Crore Rs. after 35Y in your retired life are enough? On what basis you put this figure of 2 Crore?

      Please reply for all the above questions. Believe me I’m with you & want to help you but for that you w’d have to help yourself first by answering these questions. 🙂

      Thanks

      Ashal

      Reply
6. Ashal Jauhari says:

   June 16, 2012 at 4:34 am

   Dear Pomit, Stop right now. Please do not invest just for the sake of investing. First of all be specific for your aim. Why are you investing in MFs at all? Do you have any goal(s) for which you want to save? How many years do you have in your hand for that goal?……………………………..

   Please do not invest blindly.

   For a spoon feeding type answer – Yes the funds selected by you are good performer.

   Just one thing I want to know – why did you opt for Dividend option in Quantum Long Term Eq. fund?

   Thanks

   Ashal

   Reply

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