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Please review my Portfolio and let me know if something is missing or need to modify else?

Hi 

My self Pankaj, 30 year old. I am married and having no children. I have dependent with Parents and spouse. My annual income is 13 Lacs. I am working in private sector.

Following are the investment i have:

1. ICICI Pinnacle ULIP @ Rs 50000 p.a.

2. Reliance Growth MF @ Rs 60000 p.a.

3. HDFC Top 200 MF @ Rs 12000 p.a.

4. SBI Contra MF @ Rs 12000 p.a.

5. SBI Magnum Emerging Business Fund (G) MF @ Rs 60000 p.a.

6. LIC Jeevan Saral @ Rs 25000 p.a.

7. LIC Jeevan Anand @ Rs 25000 p.a.

 

Can you please let me know whether the portfolio is ok or not? let me know if you think i should modify above?

 

I am also planning to opt a \”Term Insurance\” for Rs 1 Crore cover. I am confused with all the companies offering Term Insurance. Can you please suggest what would be the best company for opting the term insurance?

 

Waiting for your update.

 

Thanks

Pankaj

 


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