I would like to thank you for making me educated in world of savings. After reading your blog I have realised how much I stand in savings. I had previously saved in PPF. I have Lic policy premium 21k quarterly. I am paying 16k as rent. NSC certificate. Which mature 3 years later.
I am planning to take home loan next year with help of my father. Home loan 45LK. Emi as 44k.
I had 50k amount which has come from lic
FD for 1 year for 50k 1 year, Rd 1 year for 40k monthly to help in down payment for my father for 1 year.
After taking home loan next year. 44k emi 16k expenditure. I will be left with 12k. I will park 6k in account. 6k is left. My financial goal is for 6 years to buy car and collect money for my sister for marriage. 40 debt and equity 60
2400k SBI magnum gilt fund
3600 icici Pru value discovery fund
Is my portfolio is right please advise