Age - 33 YOE - ~ 10 years in Marketing
Zero exposure to US stocks. Zero exposure to Crypto. Have a house (~45 lacs) for parents in a Tier 2 city which I haven’t added here. No liabilities (finished an education loan and a home loan)
Recently started investing in NPS and will continue to do (~1.5 lpa) and accumulating SGB (~2.5 lacs, the screenshot doesn’t capture gold correctly) from the past 6 months.
Question - is there merit in talking money out of EPF and reinvesting in Mutual Funds? What is the general view.
Open to any other suggestions. TIA!
What's the value of your own house? Also pls share your tc for reference
I live on rent (my wife and I) - no plans on buying a house immediately. TC - 56 lpa (51 fixed, 5 variable)
How much do you manage to save out of 56?
Wtf, is 70L in MF? Care to elaborate such high investment in which sectors?
25% BFSI
20% Industrials
15% Consumer Durables
10% Energy
Rest split across multiple sectors like healthcare, IT etc
If not MFs what constitutes most of your portfolio?
What was your return on mutual funds and stocks? Invested value vs Present value?
Portfolio looks great, will not suggest taking out money out of PF, it's good to have debt exposure as your portfolio is equity concentrated, by the time you retire, your PF and NPS can cover your retirement expenses.
PF can be withdrawn when you plan to buy a house for yourself, otherwise good to have it.
Interest on PF is tax exempt so that's like having a post tax return of 11%.
Thank you! Makes sense. I will most likely stay invested in NPS and PF.
Stocks = ~56% absolute returns MF = ~60% absolute returns, ~30% XIRR.
What are your favourite/most invested MFs?
Parag Parikh Flexi Cap has been a favourite for long
How do you handle the panic when nifty is 300 points down .
No panic :). The market always bounces back. Sit tight or buy more in case of liquidity.
This is the current state of my portfolio, I've been doing an SIP of 60k per month for the last 3 yrs. I want to increase my SIP to 1 lakh. I have a few questions. I won't be having any big expenses for the next 4 years.
The wealth should not be inherited.
I'm 30. No house, 10L in cash and 5L in mutual funds. No inherited weath.
Seeing the comment section,I realise I am broke.
Hi folks, I have recently started investing after repeatedly being told to not hoard my money in savings, wanted to know how/how much other people invest. Current portfolio: Equity: 2.5 L ( banking, fmcg, ETFs) Mutual Funds: 1.1 L ( Nav...
Hi guys, I have around 4L cash lying around which I wanted to invest. Currently, I think I am in a position to take maximum risks, and see where things go. I also haven’t redeemed the 1.5L tax deduction on Section 80c so PPF and ELSS ar...
Hi all, I save about 40k/month after all monthly expenses.
I'm planning to invest this amount in equities to maximize returns.
Need suggestions on where to invest? I'm aiming to accumulate 40L as a down payment for a flat.