Dear All,

In response to my previous post http://localhost/jagoforum2/investment-for-a-short-term-goal/6631/  this is the breakup of my financial plan for accumulating 10 lacs over a period of 5 years – By Mid 2018.

1. Planning to invest 8000 per month as below – Tenure left to grow 5 Years

   5000 in MIP and expecting an appreciation at 9% gives a final value of ‘359083’
   2000 in Pure Debt expecting an appreciation at 8% gives a final value of ‘140798’
   1000 in Equity – Balanced Fund expecting an appreciation at 8% gives a final value of ‘71817’

Total Amount gathered from this investment scenario = 571698

2. I shall be receiving an amount of 110000 in Mid 2014 which i will invest as below – Tenure to Grow 4 years

   90000 into Pure Debt expecting an appreciation at 8% gives a final value of ‘122444’
   20000 into MIP expecting an appreciation at 9% gives a final value of ‘28232’

Total Amount gathered from this investment scenario = 150676

3. I shall be receiving an amount of 15000 in Mid 2014 (from other source than that of point 2) which i will invest as below – Tenure to Grow 4 years

   15000 into MIP expecting an appreciation at 9% gives a final value of ‘21174’

Total Amount gathered from this investment scenario = 150676

4. I shall be receiving an amount of 180000 in 2015 (February)  which i will invest as below – Tenure to Grow 3 years

   160000 into Pure Debt expecting an appreciation at 8% gives a final value of ‘201554’
   20000 into MIP expecting an appreciation at 9% gives a final value of ‘25901’

Total Amount gathered from this investment scenario = 227455

After 5 years i shall be having a total asset of 971003 – which just falls short of 10 lacs, but i am pretty sure to cover up that 28,000 from my bonus.

Do you think this looks pretty good, or any refinement is needed.

Kindly review the detailed plan and let me know if the plan needs any changes.

Thanks all for your views.