POSTED BY November 15, 2011 9:34 pm COMMENTS (4)ON
Sir, I am 28 yrs. physically handicapped male. I can not get insurance plans due to my physical condition. I have invested in Templeton India Pension Plan( Tax Benefit) through monhly SIP of Rs. 500/- but due to some reason stopped after one year. Now I have joined a Call Center since last 3 months on the yearly package of Rs. 1,80,000/-. I want to save for my future i.e for two children’s education ( may be requiered after 15 years), their marriage( after 25 years), and my retirement days( after 32rears). I have no problem for my house because my dad owns house and I am his only son. I can save upto Rs. 5000/ p.m. for the above goal and can increase the amount as my income increases. I also want to revive the Templeton India Pension Plan. I have short listed the following five funds
BNP Paribas Bond Regular, Fidelity Equity, HDFC Top 200, ICICI Prudential Dynamic, and Reliance Equity Opportunities. Please advise me whether the selection is right? If yes how to allocate the amount for monthly SIP amoung those funds? and Which fund for which goal? Thank you.