Smart Living & Earning Ideas

How do I invest 30 lakh rupees in Indian equity wisely for at least 5 years? 1st rule ; Don't put everything in lump sum . Scatter the investments in a span of 12 months 2nd rule : If Age is on your side , Invest 60% in Equity , 30% in Debt and 10% in Gold as asset allocation. 3rd rule: Investing in equity - Large cap 40% , Multicap - 30% , Midcap - 15% , Smallcap - 15% 4th rule : Invest lump sum in short term debt fund and do systematic transfer plan to equity funds 5th rules : Can buy around 10 lacs of direct equity in large cap stocks or invest that amount in below ETF 6th rule : Follow these equity MF while putting high value SIP *Tested mutual funds based on different parameters : Rolling returns consistency of 1yr , 3yr , 5yr , Std Dev , Sharpe ratio , Fund Manager and Expense ratio.** Below SIP recommended. All of them higher 4 or 5 star rated funds from CRISIL or Value research 1.More diversification on to large cap funds and value /flexicap funds as smallcap/mid c

I recommend considering a diversified investment portfolio that balances risk and return. Allocate a portion of your funds to fixed-income instruments like Senior Citizen Savings Scheme (SCSS), Pradhan Mantri Vaya Vandana Yojana (PMVVY), and Monthly Income Plans (MIPs) from mutual funds. Additionally, consider a mix of equity-based investments such as Dividend Yield Funds or Blue-chip stocks for potential capital appreciation. Certainly. Let's break down the suggested investment strategy in more detail: 1. **Senior Citizen Savings Scheme (SCSS):** - SCSS is a government-backed savings scheme for individuals above 60. - It offers fixed interest payouts quarterly, providing a stable income source. - You can invest up to ₹30 lakhs individually. 2. **Pradhan Mantri Vaya Vandana Yojana (PMVVY):** - PMVVY is a pension scheme for senior citizens. - It provides a guaranteed return with regular pension payments.- The maximum investment limit is ₹15 lakhs, offering a higher pension

Overall Inventment Portfolio Status as on 13th April 2024 Mutual Funds Break Up : ULIP Break Up :

I am 59 now. Have been investing for last 25-30 years, and have accumulated a corpus of close to 5 Cr. I want to retire next year. Will this corpus of 5 Cr be enough to sustain my expenses in retirement? I have invested in commercial real estate 10 years ago, which gives me about 12 lakhs per year as rentals. My residential real estate earns me less than 3% so I do not even consider it as income. Rather I am just invested in real estate for capital gains in the long run. I pay about 22% tax on this income. I have invested in IRBINVIT and PGINVIT that gives me about 12% annual dividends consistently. So my other 10 lakhs come from these dividends. I pay about 30% tax on this income. My other chunk of income comes from this investment. I have invested in Gilt Fund (SBI Magnum) which has given me 9% annual returns in last 10 years or so. This is what I withdraw every 3 months as SWP. It was invested for more than 5 years before I started a SWP in it. So, I get lower LTCG Tax on it which

Mutual Fund Status as on 13/03/2024 ULIP status as on 13/03/2024

Every week, if not every day, a similar question comes into my feed. Words may be different but the tone is almost always: I am ___ years old. I wish to retire at ____. How much money do I require to live independently? Unfortunately, every case is different. There are many parameters and hence there is no one single answer. The factors that affect are: What are your current expenses not including any debt/loan repayments? Are there any loans that are being serviced? (Here you said that the home is loan-free but what about other loans? A car loan is very common at the age of 45.) How many children do you have? What are their ages? (The cost of raising a single child can be high. As per Robert Kiyosaki, a family is “a liability”.) Do you support your elder parents/parents-in-law in any way? What kind of lifestyle do you follow? If you look at the chart below, I have tried to capture all kinds of expenses - daily, monthly and annual. Expenses You must look at your daily, monthly and

I have Started Investment since August 2023. Here is my networh as on 13th January 2024 . EQUITY BREAK UP : MUTAL FUNDS BREAK UP

How to control your finance : 10 Simple Rules to follow to control finance : 1. THE NET WORTH RULE This rule originated from 'The Millionaire Next Door' book. It has a simple way to determine if you are wealthy in the US. Multiply your age by your pre-tax annual income & divide by 10. If your net worth surpasses the result, you are wealthy. There’s an Indian version of this as well. Some experts suggest using 20 instead of 10 as the divisor in the Indian context. For instance, say you're 30 and earn Rs 12 lakh annually. Your net worth should be at least Rs 18 lakh to earn the 'wealthy' title. 2. RULE OF 72 This helps you determine the time it will take for your investment to double. How does it work? Simply divide "72" by the rate of return you are earning. For example, with a 9% return, it will take 8 years (72/9) to double your investment. 3. RULE OF 70 This tells you the impact of inflation. Divide "70" by the inflation rate,