![]() Milestone Alert!Livemint tops charts as the fastest growing news website in the world □ Click here to know more. Some of the funds you can look at are SBI Large & Mid Cap Fund, 360 One Focused Equity Fund, Kotak Equity Opportunities Fund and PGIM India Midcap Opportunities Fund. ![]() You can divert this SIP into other funds. On the funds, you can relook at Axis Bluechip Fund as the fund has underperformed its peers for quite some time, recently. You have already taken the right step of investing through SIPs and you should continue doing the same. You should also consider investing for your retirement while working on the other goals.Īs you are salaried, you should also take into account the EPF contribution as a debt investment, hence investing more than required in PPF for long-term goals like retirement may not be the best approach.Įquities are good for long-term goals and equity mutual funds offer a convenient and reliable way to invest for such goals. In this case, you can treat this goal as wealth creation, as well as you will have more than 15 to 16 years to build it. These additional savings can be accumulated in your bank account to reduce the loan amount.Ī goal amount for your child’s education will help you build that corpus over the long term. This function allows you to import both real-time and historical, financial and currency market data straight into Google Sheets. One of them are Google Specific Formulas: Th GoogleFinance Function is one of them. Practically, a reasonable amount would also go into your monthly mandatory expenses but you still have the potential to save more. Google Sheets isn’t just a copy of excel anymore, it has some exciting extra functionalities Excel just hasn’t. If you would like to take a lesser loan then you should try to save more from your monthly income. If we consider a loan of ₹1 crore for 20 years then the equated monthly instalment (EMI) for the same could be approximately ₹87,000 at an interest rate of 8.5% p.a.īased on your take-home salary, you will be eligible to get this loan amount. You will have to rely on a home loan to buy the house. Out of this, ₹7 lakh is in PPF, so it most likely has a lock-in period. So far, you have accumulated close to ₹22 lakh. It consists of three sheetsAsset Class, Holdings and Stocks. ![]() And as youll see, its a great tool when it comes to rebalancing your portfolio. Its extremely easy to use and will help you track your investments, asset allocation and mutual fund fees. You have built a good, diversified portfolio. You can get a free copy of the spreadsheet here. ![]()
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