Savings Investments Corpus Fund

Transparent to Every Family Member

Investments and Corpus Fund Building forIndian Salaried Persons

Dr.N.Asokan Ph.D

[email protected]

9445191369Transparent to Every Family Member

mailto:[email protected]

Object ives• To invest for Tax Free Returns – Short & Long Term

• To build Corpus Fund (7 times of current monthly expenses required after retirement)

• To lead Retied life for 20 years without salary

• To achieve specific financial goal like House , Car, Children Higher Education, Children Marriage


NOTCompromising Quality of Life


SavingsInvestments

First Expense of your Monthly Salary Should be a Savings / an Investment

SaveBeforeSpend


Level I : Recurr ing Deposit


Do not Stop. Do it Continually

Short TermEvery One Year

Level I : F ixed Deposits : L iquid Cash• Only available “Liquid Cash” for

any Emergency

• Average : 3/5/ 7 lakhs per Family

Member

• Top-up continually



Leve l I I : L i fe Insurance P l . C h e c k t h e d i ff e r e n t s c h e m e s w i t h L I C

• Any time life, (top up continually)

Insured Value = Annual Salary

For every Family Member

Premiummonthlyhalf yearlyYearlyonly for 3/4/5 yearsOne time –Bulk amount


Connect Recurring Deposit

Monthly Income Scheme

15 – 20years

Coverage for 15 – 20years


Level II : Medical Insurance for Every Family Members• Cashless hospitalised

• Work place coverage

• Private

• 3 -5 lakhs each family member

• Top-up value Continually –getting Older



L e v e l I I I : M o n t h l y I n c o m e / P e n s i o n R D , E M I , S I P• 6 years period

• Maximum INR 4.5 Lakhs deposited

• Monthly INR 3000 Income (as on March 2017) pl. check with Post Office for Update

• INR3000 for EMI/Premium/RD of New Investment


Re-Invest ContinuallyDo not use till you retire


Level I I I : Monthly Income / Pension RD,EMI,SIP• INR 10 lakhs investment• INR 5500 monthly income for life

time• INR 10 lakhs will be returned OR

• INR 5500 monthly income for life time for Nominee till their life time• After that INR 10 lakhs will be

returned to nominee

Transparent to Every Family MemberAs on March 2017, Pl. Check with LIC for Update


Level IV: PPF • 15 years period• Every 5 years can be added

• Maximum of INR 1.5 lakhs deposited any time between April 2017 and March 2018

• Better to deposit in April to avail Maximum Interest


Invest ContinuallyDo not use till you retire


Level IV: PPF Working Sheet



Level IV: Mutual Funds SIP• Equity Linked Savings Scheme

ELSS• Tax Free• Log Term Growth• Monthly EMI• One Time Bulk Amount



http://www.moneycontrol.com/mutualfundindia/R i s k V s R e t u r n


If you had started an SIP of 5000 per month three years ago in Birla Sun Life Equity Fund (G) then it would have accumulated to 233,581.09 on 28/02/2017.


http://www.idfcmf.com/mutual-funds-basics.aspx

• For Further clarifications on FAQ of Mutual Funds

http://www.idfcmf.com/mutual-funds-basics.aspx


Documents Required• Bank a/c details• Cheques • Copy of PAN Card• Copy of Address Proof: Passport, Driving License, Aadhar• Photo Identity: Passport, Driving License, Aadhar• Passport size photos• Proof for DOB: 10th/12th Mark Sheet



Working for Money

Money should work for us


https://www.google.co.in/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&uact=8&ved=0ahUKEwi7n8qnprLSAhXBn5QKHdDcDbAQjRwIBw&url=http://financialgoal.eu/cashflow-quadrant/&bvm=bv.148073327,d.dGo&psig=AFQjCNF_EFjSpMXn4_iQgUKFDLJ3ShbaIQ&ust=1488354350674911


One t ime Investments Spread across the

Calendar- inc lude EMIJan Feb March April

Pongal Wedding Day LIC Premium PPFMay June July Aug

Medical Insurance

School/College Fees Car/Bike Insurance GOLD

Sep Oct Nov Dec

Birthday Deepawali


Prior ity Gett ing Changed Over the period of T ime

Do not over spend• Buying Second House• Children Higher Education• Children Marriage

Parallel Investment• Real Estate• Gold

• Scheme Matures and Re-Investment


First expense of

every month salary

should be an

Investment/

Savings

• RD

• EMI

• SIP

• Premium

SaveBeforeSpend


Lifestyle

Savings Investments Corpus Fund