Mutual fund workshop

Mutual fund workshopBy- DURGESH OJHA HARISH SING JYOTIRMAYA PARIDA KIRAN BALOUDI KRIPA KUMARI

Overview of case studyAge (Omprakash): 49 annual income:24 lakh per annumMonthly expenses:65000Age(Renu): 43Salary: 30000 monthlyAge (Neha):21

GOAL 1One year from now need Rs.20 lakh for nehas education.After one year HE IS SPENDING MONEY FROM HIS ACCOUNT.After 1 year the inflation adjusted amount is Rs 2120000

GOAL 2Purchase a new car for Rs.12 lakhs 3 years from nowTaking loan of Rs960000Emi = 9651 *12=115812Rate -= 7.5%Sbi

Goal 3Wants to arrange Rs. 30 lakh after 5 years for Nehas wedding After 5 year

Goal 3At age of 51 we will plan for his daughters marriage.Goal 4Wants to retire at age 62 years and he expects to live upto 80 years. His wifes life expectancy is 74 years .

suggestionRight now neha cant go to abroad trip but she can go after her MBA.We are taking car loan @ 7.5% from SBI .We are transfering saving account into balanced portfolio.Thank you