Savings, Investments, Corpus Funds, Income Tax Savings, Mutual Funds, PPF, Pension Schemes, Insurance, Monthly Income Schemes

1. Investments and
Corpus Fund Building for
Indian Salaried Persons
Dr.N.Asokan Ph.D
ntvasokan@gmail.com
9445191369Transparent to Every Family Member
Transparent to Every Family Member

2. Objectives
• 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
Transparent to Every Family Member
NOT
Compromising
Quality of Life

3. Savings
Investments
First Expense
of your
Monthly Salary
Should be a
Savings / an
Investment
Transparent to Every Family Member
Save
Before
Spend

4. Level I: Recurring Deposit
Transparent to Every Family Member
Transparent to Every Family Member
Do not Stop.
Do it Continually
Short Term
Every One Year

5. Level I: Fixed Deposits : Liquid Cash
• Only available “Liquid Cash” for
any Emergency
• Average : 3/5/ 7 lakhs per Family
Member
• Top-up continually
Transparent to Every Family Member

6. Level II: Life Insurance
P l . C h e c k t h e d i f f 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
Premium
monthly
half yearly
Yearly
only for 3/4/5 years
One time –Bulk amount
Transparent to Every Family Member
Transparent to Every Family Member
Connect
Recurring Deposit
Monthly Income Scheme
15 – 20
years
Coverage for
15 – 20
years

7. 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
Transparent to Every Family Member
Transparent to Every Family Member

8. Level III: Monthly Income /
Pension RD,EMI, SIP
• 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
Transparent to Every Family Member
Transparent to Every Family Member
Re-Invest Continually
Do not use till you retire

9. Level III: 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 Member
Transparent to Every Family Member
As on March 2017, Pl. Check with LIC for Update

10. 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
Transparent to Every Family Member
Transparent to Every Family Member
Invest Continually
Do not use till you retire

11. Level IV: PPF Working Sheet
Transparent to Every Family Member
Transparent to Every Family Member

12. Level IV: Mutual Funds SIP
• Equity Linked Savings Scheme
ELSS
• Tax Free
• Log Term Growth
• Monthly EMI
• One Time Bulk Amount
Transparent to Every Family Member
Transparent to Every Family Member

13. http://www.moneycontrol.com/mutualfundindia/
Risk Vs Return
Transparent to Every Family Member

14. 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.
Transparent to Every Family Member

15. http://www.idfcmf.com/mutual-funds-basics.aspx
• For Further clarifications on FAQ of Mutual Funds
Transparent to Every Family Member

16. 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
Transparent to Every Family Member
Transparent to Every Family Member

17. Transparent to Every Family Member
Working for
Money
Money should
work for us

18. Transparent to Every Family Member

19. One time Investments Spread
across the Calendar- include EMI
Jan Feb March April
Pongal Wedding Day
LIC Premium PPF
May June July Aug
Medical
Insurance
School/College Fees Car/Bike Insurance
GOLD
Sep Oct Nov Dec
Birthday Deepawali
Transparent to Every Family Member

20. Priority Getting Changed
Over the period of Time
Do not over spend
• Buying Second House
• Children Higher Education
• Children Marriage
Parallel Investment
• Real Estate
• Gold
• Scheme Matures and
Re-Investment
Transparent to Every Family Member

21. First expense of
every month salary
should be an
Investment/
Savings
• RD
• EMI
• SIP
• Premium
Transparent to Every Family Member
Save
Before
Spend

22. Transparent to Every Family Member