How do you plan or diversify your investments if you have 1 crore rupees?
Please suggest 🙏
If I had 1 Cr I cash, I'd put 10 L in FD(emergency fund), 15 L in Equity and Index MF, 5 L in Gold ETF, 30 to 40 L in Land and remaining in direct stocks.
Contrary to others, I won’t add more real estate in portfolio because by now you must be fully aware of pain that asset class bring with it.
On Index fund, I don’t think that’s the best strategy if you are a long term player. I will pick two flexicap funds, one with value investing style, another maybe with momentum style. It will keep me safe in bad times, delivers better growth in good times.
Maybe you can look for PMS offerings as well.
For your profile, I won’t be aggressively finishing the house loan, as it’s one of the cheapest leverage. Plus you don’t need too much FDs for rainy day as rentals are steady stream for you.
Yeah..I'm planning to put 5L in FD initially.. it also helps in taking the opportunity when market is down
Laxmi Chit Fund
How do you plan your investments if you are earning 8 digit salary in India ? Have you guys tried financial consultants to just suggest beyond SIPs?
I would like to buy a house in next 5 years. Estimating the price of house I might need would be 5cr by that time. So I would need a down payment of 1 cr. How can I plan my SIP today and how much amount I should be investing.
I’m looking at atleast a 15-20% 6M CAGR for 1L. (Include STCG). Don’t mind taking some risk/volatility.
Anyone got any ideas?
