Hi,
Please advise with your expert view /inputs to plan my future in correct way.
Current Portfolio:
1. Salary 1.5 Lac/month
2. PF : 1 Lac balance rest withdrew for buying a house
3. MF’s through SIP:
a) IDFC – Premier Plan A Growth : 5000/ month
b) Reliance Regular Saving Fund – Growth : 2500/month
c) HDFC Top 200 – Growth – 2500/month
d) SBI Gold ETF – 2 units/ month
4. RD 2k for 1 year, maturing in July 2014
5. FD 49k maturing in July 2014
6. Shares 1Lac (Current Value)
7. LIC Endowment Policy 6000.00 p.a. basically.
8. ULIP : Monthly Installment.
a) ICICI – Life Term (Taken in 2005) : 1500/month
b) Aviva – Save Guard (Taken in 2007) : 3000/month
c) BSL – Dream Plan (Taken in 2007) : 2000/month
9. Term Insurance – BSL (Taken in 2011) : 1Cr
10. Mediclaim – Apollo : 3Lacs (Floater) & 2 Lacs for Mother : Star Insurance
11. Dependents: Mother( 71) ,Wife(39) & Daughter (5) Son (3)
Wife Portfolio
1. Earning: 50k
2. Saving: 7k pm
3. MF’s through SIP:
1. Reliance Equity Opportunity Fund- Growth : 2500/ month
2. Reliance Equity Fund – Growth : 2500/month
4. PPF: 2 Lacs (current balance)
5. LIC – Money Back : 9438/ annum
6. Expense: 50K, misc spending
Please advise, as I plan to buy another house in NCR.
Thanks in advance,