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    Manik Kainth
    This document provides a financial assessment and education planning recommendation for a client named Mr. ABC. It recommends a monthly SIP of Rs. 20,000 invested over 9 years in mutual funds to achieve the goal of Rs. 45.96 lakh for the client's child's education by the time the child turns 16 years old in April 2028. The funds would then be reinvested in liquid funds or bank FDs to earn 6% interest until the child turns 18.

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    Dummy Portfolio

    Uploaded by

    Manik Kainth
    113 views4 pages
    This document provides a financial assessment and education planning recommendation for a client named Mr. ABC. It recommends a monthly SIP of Rs. 20,000 invested over 9 years in mutual funds to achieve the goal of Rs. 45.96 lakh for the client's child's education by the time the child turns 16 years old in April 2028. The funds would then be reinvested in liquid funds or bank FDs to earn 6% interest until the child turns 18.

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    This document provides a financial assessment and education planning recommendation for a client named Mr. ABC. It recommends a monthly SIP of Rs. 20,000 invested over 9 years in mutual funds to achieve the goal of Rs. 45.96 lakh for the client's child's education by the time the child turns 16 years old in April 2028. The funds would then be reinvested in liquid funds or bank FDs to earn 6% interest until the child turns 18.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Download as xls, pdf, or txt
    113 views4 pages

    Dummy Portfolio

    Uploaded by

    Manik Kainth
    This document provides a financial assessment and education planning recommendation for a client named Mr. ABC. It recommends a monthly SIP of Rs. 20,000 invested over 9 years in mutual funds to achieve the goal of Rs. 45.96 lakh for the client's child's education by the time the child turns 16 years old in April 2028. The funds would then be reinvested in liquid funds or bank FDs to earn 6% interest until the child turns 18.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Download as xls, pdf, or txt
    of 4

    Mar'19

    Client name Mr ABC


    Date of commencement March 2019 onwards
    Time frame 11 years
    Goal Child Education planning

    Financial Assessment report


    Risk Protection Planning
    Present coverage Recommended
    Health Insurance cover 7 Lac NA
    Disability Income rider Not in Portfolio 50 lakh as minimum
    Term Plan 1 Crore To continue & review

    Kid will turn 16 years of age in Apr.2028 Education Planning for kid
    Child's Age 6.75 years
    Total time frame left to reach Goal age 18 11 years
    Funds required at age 16
    Present Value taken 25 Lakh
    Future Value at 16th year 45,96,128
    Time frame left for Investment to achieve goal 9 years

    Recommended Monthly SIP's in MF Equity fund Amount p.m SIP Date


    ICICI Prudential bluechip fund 4000 10
    ABSL Frontline equity fund 4000 1
    HDFC Mid cap opportunities Fund 4000 5
    Franklin India smaller companies fund 4000 16
    HDFC Hybrid fund 2000 20
    Mirae Asset emerging bluechip fund 2000 21

    Monthly SIP for 09 years 20000

    CAGR considered in SIP : 16 %

    In Liquid Fund or Bank FD : 6%

    Page 1
    Mar'19
    When the child turn 16 years of age, we highly recommend to Redeem the fund with approx. value of Rs
    4560567 in March '2028 & then re invest / park it in Liquid Funds or Bank FD's for next 2 years &
    expect a return of 6 %

    Now Rs 45,60,567 to be re-invested for next 2 years at CAGR of 6% only.

    Note: The above recommendation are advised keeping in mind an Aggressive Portfolio, however equity investments over 15 years can

    Wishing you & your Family members a bright & prosperous Future A

    Page 2
    Mar'19

    Recommended for Husband

    Targeted Amount required at age


    16

    Pls refer to inserted comments


    Pls refer to inserted comments
    Pls refer to inserted comments 45,96,128

    Date of Commencement Funds Market value at age 16


    April 2019
    April 2019
    April 2019
    April 2019
    April 2019
    April 2019 A 4560567
    Amount invested in 09 years is 21,60,000 which becomes Rs 45.60 lakh
    in 09 years, with CAGR of 16% p.a

    Expected Maturity Amount in


    Mar'2028 4560567 A

    Page 3
    Mar'19

    Expected Maturity Amount in


    March'2030 5124253 B
    Expected total Maturity Amount
    in Mar' 2030 5124253 (A+B)

    er equity investments over 15 years can be considered generating excellent returns.

    ight & prosperous Future Ahead !!

    Page 4

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