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Ajit

Ajit Mishra  | Answer  |Ask -

Answered on Nov 19, 2020

Tanmoy Question by Tanmoy on Nov 19, 2020Hindi
Money

Request your views on following shares for a long term (3+ years. Apologies for a little long list.

Ans:
SCRIP
QTY
AVG BUY PRICE   
ADVISE
TCS  1,000 121.27  Hold
L&T 2,000 293.29  Hold
RELIANCE IND. 676 221.61  Hold
BAJAJ FINANCE  340 1,498.84 Hold
AVENUE SUPERMARTS LTD 500 1,157.15 Hold
HDFC BANK  1,270 651.62 Hold
INFOSYS  1,080 546.64 Hold
TITAN  342 555.77 Hold
KOTAK MAHINDRA BANK 350 942.97 Hold
ULTRATECH CEMENT  40 67 Hold
WHIRLPOOL OF INDIA  200 1,511.78 Hold
SBI 1,000 108.6 Hold
HDFC LIFE INSURANCE  500 393.11 Hold
L&T INFOTECH LTD 75 1,568.66 Hold
PERSISTENT SYSTEMS  100 579.05 Hold
HCL TECHNOLOGIES  300 567.13 Hold
TATA CONSUMER PRODUCTS  150 349.11 Hold
AMARA RAJA BATTERIES 250 613.02 Hold
HERO MOTOCORP 75 2,799.90 Hold
BHARAT ELECTRONICS 2,100 101.01 Exit
MOLD-TEK PACKAGING  519 255.82 Exit 
GODREJ CONSUMER  150 600.87 Hold
BHARAT FORGE 250 457.51 Hold
CHOLAMANDALAM INVEST. 680 240.98 Hold
HDFC 170 1,806.97 Hold
J KUMAR INFRA 1000 124.47 Exit
APOLLO PIPES 50 435.04 Hold
FINOLEX INDUSTRIES 200 549.31 Hold
UJJIVAN SMALL FINANCE BANK  1,325 43.26 Exit
GAIL 400 133.81 Hold
MARUTI SUZUKI  105 7,229.67 Hold
ITC 575 220.52 Exit
COCHIN SHIPYARD 725 398.32 Exit
POWER GRID 1,000 209.54 Hold
RITES 550 314.71 Hold
BAJAJ FINSERV 28 7,759.56 Hold
BODAL CHEMICALS 1,000 135.18 Exit
UJJIVAN FINANCIAL SERVICES 2,200 371.02  Exit
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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Milind

Milind Vadjikar  |95 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Sep 10, 2024

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Hi, My name is Kunal, I am 38 years old and my wife is 30 years old. I will be retired at the age of 60. I have two kids, a boy(9 years) and a girl(3 years). My basic is 57000 and I get 3% annual increment on basic. My take home salary is 48000. I have PPF(12500/M), SSY(2000/M) and LIC(5850/M) and our monthly expenses around 20000. I want to buy a home, children's educational expenses and my retirement goals are 1 Cr. Can you give a valuable strategy, how and where to invest to get my all goals?
Ans: I presume you have endowment type life insurance policy from LIC, the returns from which are not up to the mark. If you can surrender it and take a term insurance plan then you can still save around 50K annually after factoring Term Plan premium of 20K pa, considering your current annual payment to LIC of ~70K. That translates to investible surplus of 4K + current monthly disposal income after expenses: 7K, So 11K SIP can be initiated. 4K SIP for 15 years will led to corpus of 22L+(13%return assumed) for daughter's education

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Here it pertinent to note that you may need to increase your income in some way maybe either job change or spouse working so to have additional funds to invest for your goal fulfillment. Happy to help if you have any further queries.

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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