I am 43 years old, working as a government advisory consultant, requesting your kind guidance and views:
- Monthly salary = 2.15 lacs (cash-in-hand)
- Family rental income = 30k (cash-in-hand)
- 20 lacs + Lump sum investment in MF as attached (from 2021)
- 20k SIP in MF as attached (since 2021)
- 53k quarterly investment in Bajaj Allianz (from 2014) as attached
- 15 lacs available as Slush/Hard cash
- 15 lacs+ worth gold jewellery (inherited/purchased)
- 1 crore life insurance (Max) + 20 lacs health insurance (each for spouse/myself)
Am planning to invest in SGBs in future and maybe purchase open land (taking a home loan) or such. Also, I have family owned rental assets (2-3 buildings) but income goes to widowed mum and she gives us a 30k pocket money. Also, I live in my paternal home, have 2 cars registered in my name (figo fully paid up, duster on EMI paid from family income).
Hoping to hold on to my MF investments for now but a little concerned about dip in markets and current losses (esp in Motiwal NASDAQ).
What would you suggest I should do now?