Investment portfolio suggetions needed

POSTED BY satish ON December 1, 2013 10:53 pm COMMENTS (3)

This is Satish, IT employee. These are my details:

Age:  29

Loans/monthly –  16k personal loan, CC payments 5k, other expenses 4k.

Family – Mother n Father, Father will retire 2015 no dependency on me, mrg hpn next yr

Package – 9.4lac pa

Monthly Take Home – 55k

Ready to Invest – 55 – (16+5+4+ …) =  25 – 30k

Risk Type: Moderate, High – 40 -50% amount i can go for high risk.

Existing Plans – LIC Jeevan Saral – 24k, Met Lift Smart – 30k per anum. No savings so far.

Goals –

  1. Planing to buy a house
  2. Children Education Fund
  3. Emergency/Health care Fund

These are my primary needs/goals in mind …

Could you please suggest some proper investment portfolio as per above details.

Please consider tax saving also.

Thanks in advance.

3 replies on this article “Investment portfolio suggetions needed”

  1. ashalanshu says:

    Dear Satish, you may invest in Quantum Tax saver or Franklin India tax Shield.

    Thanks

    Ashal

  2. ashalanshu says:

    Dear Satish, please read this first.

    jagoinvestor. com/forum/finacial-planning-faqs

    Thanks

    Ashal

    1. satish says:

      Hi Ashal,

      Thanks 4 ur reply.
      I’ve chosen the following.
      1) Opening PPF
      2) Investing ELSS
      3) Recurring Deposit

      I’m clear on 1 & 3, could you please suggest some good ELSS plans.

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Your email address will not be published.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