DWQA User Profile ursnanduQuestions(2)Answers(0)Posts(0)CommentsHi SreekanthThanks for your response. I'm doing good.1. Both the UTI & Franklin have yielded ~20% for past 22 months. Please guide.2. Is it good to stop investing in PPF?3. For 1Cr accumulation in 8yrs what is the per month investment needed? Such that I can increase the current sip holdings.4. Personal loan planning to close in March.Please guide.ThanksNandeeshOn Answer for Financial Planning..is it on right track?Hello Sreekanth,I did check the kids education goal and retirement planning articles and the outcome is as follows:1. For Kids Education: I put Rs 6 lakh as current cost and since my kid is 1.5yrs it takes around 16yrs to get him in college. hence assumed the inflation to be 8% and expected rate of returns as 12% it showed an SIP of Rs 3500 is needed. I will plan for this.2. Regarding the house construction plan in 2025: I put the expectation of annual return on investment (in percent, CAGR) as 10%. Do you think this is good return assumption?In addition I would like to know below:While choosing my mom's heath insurance: Is there any such plan which covers travel insurance alongwith health insurance? This is needed because my mom will be in USA for 6 months and INDIA 6 months.Kindly guide.Thanks,NandeeshOn Answer for Need advice on my existing Investments & Financial PlanningIs it sufficient if I continue the current investment trend and investment amount per month to meet my goals listed above?On Answer for Need advice on my existing Investments & Financial PlanningHello SreekanthThanks for the reply.1. The personal accident insurance is provided by my employer for Rs 35 lakhs. Isn't it sufficient?2. Health insurance is also provided by my employer3. Yep, I am planning to close the personal loan ASAP.4. No, I don't maintain an emergency fund ?5. The UTI is the bad performing fund. Since I finished 1year I can close it without an exit load.6. Yes I'm married and have a young kid of 1.5yrsOn Answer for Need advice on my existing Investments & Financial PlanningHello SreekanthThanks for the reply.1. The personal accident insurance is provided by my employer for Rs 35 lakhs. Isn't it sufficient?2. Health insurance is also provided by my employer3. Yep, I am planning to close the personal loan ASAP.4. No, I don't maintain an emergency fund ?5. The UTI is the bad performing fund. Since I finished 1year I can close it without an exit load.6. Yes I'm married and have a young kid of 1.5yrsOn Answer for Need advice on my existing Investments & Financial PlanningCrop
