POSTED BY September 12, 2013 5:39 pm COMMENTS (5)ON
While reviewing my personal financial portfolio, I found that there is going to some shortages to meet my Life Goals of Children education & Marriages (2 child-12 yr and 6 yrs resp). I have to create a corpus in span of 10, 15 and 20 years from now to fill up the gaps. Currently I’ve a surplus investible of Rs 15k per month. I think of following options
Invest in ‘Jeevan Saral’ of approx 50k pa and balance in MF / Equity / FD’s (Sriram Transport Finance @ 10.75 – 11.3% pa) / Gold ETF’s. I’ve already exhausted my options in PPF & VPF. My analysis and experience of MF’s and Equity has been sad. If we actually look at performances of MF’s over past 3,5 & 7 yrs, none of the funds has given decent 10% yoy returns. Jeevan Saral gives a Tax free return of 6% pa.
My dilemma is – how to take care of safety and surety of corpus generation by way of investing in MF (by SIP ) where things are unpredictable. Am I missing on some other better market instruments which can give a balance between Risk and Returns? My expecatation is 10-12 % returns.
Thanks all for your inputs,