Seeking Advice for financial planning , no kids

POSTED BY prakash.gokhale ON February 13, 2014 1:45 pm COMMENTS (2)

Dear Sir,

I am a reader of this website since last 1 year. I need you advice in regards to my investment, whether it is on track or not. My current investments are as follows,

LIC – Jeevan Mitra (triple Cover Endowment Plan – Yrl 5268 INR)

LIC – Endowment Plus Yrl 24000 INR

LIC – Bima Account 1 Yrl 12000

HDFC – Young Star Yrl 15000 INR

HDFC – Classic Assure Yrl 24000 INR

ICICI – Pru Lifestage Wealth I Yrl 24000


BSL Front Line Equity Fund Growth Regular – Yrl  12000 INR

ICICI Focused Blue Chip – Yrl 24000 INR

PPF – Yrl 24000 INR

Please give your advice to improve the financial planning. At present we both are working and have no kids.

2 replies on this article “Seeking Advice for financial planning , no kids”

  1. akgc2 says:

    How long you have been investing on these plans ?

    How much amount you are paying for MF SIP ?

    Most of the policies seems to be Insurance plan plus few are for wealth creation.

    Do you know how much returns you will get from these policies ?

  2. ashalanshu says:

    Dear Prakash, why there is not a single term cover with you and same for your spouse? What about health insurance?



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