Hi Good folks of PFIndia!
31M, married, father to a week old daughter, father and sister are dependents as well
Take home - 2.15L, Non-tech.
Current Portfolio: 22L in MF (20K SIP ongoing, overall return of nearly 24% annually), 3.5L in selected stocks, PF 5L, high interest SB a/c 14L (this is my emergency fund+opportunity fund to buy in stock market dips). I'm also planning to buy some SGBs in the upcoming window.
Expenses: 20k rent+20k sent home+20k all other expenses (approx)
I have a 1.5cr term insurance and a 5+95L Health insurance that covers me and my wife
I come from a really poor background. Father could never really keep the money he made. Lost my mother when I was young.
I have to plan for a house, children's education and marriage, a car maybe.
31M, married, father to a week old daughter, father and sister are dependents as well
Take home - 2.15L, Non-tech.
Current Portfolio: 22L in MF (20K SIP ongoing, overall return of nearly 24% annually), 3.5L in selected stocks, PF 5L, high interest SB a/c 14L (this is my emergency fund+opportunity fund to buy in stock market dips). I'm also planning to buy some SGBs in the upcoming window.
Expenses: 20k rent+20k sent home+20k all other expenses (approx)
I have a 1.5cr term insurance and a 5+95L Health insurance that covers me and my wife
I come from a really poor background. Father could never really keep the money he made. Lost my mother when I was young.
I have to plan for a house, children's education and marriage, a car maybe.