Hi,
I'm 25 Indian male and have savings of 10lakhs, please suggest what best I can do with the amount.

like
Posting as :
works at
You are currently posting as works at

Just save it in any multicap equity fund and it will contribute to a major portion of your retirement. At 15% annual return compounded annually, you will get 6.62Cr in 30 years i.e. when you get 55 years old.

like

I want to invest in 10 years cap or 15 years max. What's there need to get the money at 55 years of age

after you have emergency fund (fd) and health insurance, you can go for ppf, sip in index mutual fund, also for your parents you can invest in scss and lic vaya vandana yojana.

first get term insurance,of 3cr then health insurance and contact me if interested to invest in mutual funds for asset allocation@9302340643

Related Posts

Tempted to buy 1 BTC ..

like

FIRE - What is your total net worth so far? What's your profile?

like

Hi, can someone tell me if I need to manually claim higher rate tax relief on Accenture UK workplace pension e.g. via self assessment? I had assumed it was all taken care of out of the pay packet as it’s a net pay scheme but I have a financial advisor telling me otherwise. It’ll be the first I ever heard about it if so…guess I’ve lost a load of money…???

like

What happens to your shares if you are partially, or not even 1 yr vested at a pre-IPO company and the company goes public? When you continue on your vesting schedule, what price do you purchase your vested shares at?

like

Does anyone know if the 10% penalty and if taxes are waived on a death of a beneficiary? A friend of mine’s 17 year old pass away. I was wondering due to the circumstance, is there any way he can get around paying extra money by doing a 1035 exchange, rollover, withdrawal. Anything out there? Suggestion are welcome.

Recently received notice from landlord rent is going up ~20%. For reference, it is privately owned condo and did not sign at a COVID discounted rate. Super frustrated. What are others seeing for rent increases?

like

If you leave J2 and get another (new) J2, does the first J2 show up on new J2 background check? Assuming these are w2 roles. If so, how do you explain that? 🧐

like

How much household income should be to buy $1M house? Also what is the approximate down payment? I know 20% is the ideal but how much do people typically pay.?

likeupliftinghelpful

What are ways I can spend my $200 airline credit for the Amex platinum ? I saw upgrades don’t count and I have status so already get free baggage, lounge etc.

like

Why are the other cryptos not skyrocketing? Will Ethereum ever rise like Bitcoin has risen?

like

How do I classify my property for tax purposes if I received rental income for exactly 15 days this whole year? Primary?

like

Any Deloitte people trade on robin hood?

like

How do you manage and track all your investments? E.g., stocks, mutual funds, PPF, PF, gold etc.? Do you use an Excel sheet or some app?

like

what’s the ratio of equity/stocks to bond/fixed income in your Merrill lynch 401k plan?Do you make any modifications or just use recommended distribution? First job with 401k and not sure what to do!

like

If I invest 50k in NPS, I would save 7k this year as per my tax calculation. Is this a good deal? In general, I don't like such long term investment, maybe I'd start that when I'm 35 but not today.

like

Haha Merrill just reduced the pc payout grid by 3% for advisor below $2m in production

like

Hi folks ,

Can you suggest some good residential society near Gachibowli ( 2BHK or 1 BHK ) ? How much should I keep the budget for a 2BHK in that area ?

Thanks in advance.

like

Have 50k in brokerage to put towards buying a place in Atlanta. Young 20 something who's lease is ending soon

Roth IRA and 401k are well funded but don't want to pull from there.

Should I buy and rent the extra bedrooms to friends, or stay renting and put savings in stock market?

like

Buying a condo with an HOA - what’s the average reserve % you’ve seen? My HOA is 23% funded, and recently raised dues.

like

Did anyone apply for amex card as an employee, recently, after the acquisiions started ?

like

More Posts

Any BCBA’s in the Memphis area? I’ll be relocating there soon and testing. Looking to meet others in the field!

Thoughts on $XPEV?

like

Hi everyone! New here and trying to figure this app and open DMs! So here’s my boy!

Post Photo
likeuplifting

Parents- how much are you saving for your kids? Married mid 30s and family income is around 200k. We both max employer 401k. Have around 30k debt. Lcol and low mortgage. Would you pay off debt- or focus on kids savings? Oldest kid is 7 years out from college and will have some VA benefits.

like

About to get an offer from Accenture Federal Services as an Associate Manager. What is the realistic expectation for salary and sign-on bonus? I have a master's and 4 years of experience at Deloitte.

like

People who think PwC AC Bangalore and PwC AC Kolkata are same (including recruitment process, salary structure, projects, benefits, work culture etc) are too damn high. For the last time, they are not same at all, both are two different entities.

like
like
like
like

Hi Folks,
Capgemini is hiring for below positions. If interested kindly DM me for referrals

Post Photo
like

Hi, we are currently hiring for senior dotnet developers for hyderabad location, anyone interested please ping me.

Thank you.

like

What do you want out of your accounting career? Obviously money is a huge motivator, but is there anything else you want accomplish, build, complete?

like

Preping up for aws data analytics speciality exam. Going through udemy course for prep. Any exam practice cheats heats or typical topics I need to focus on. Exam in 3 weeks and I have 2 weeks vacation to prep

like

Barclays global service center Does Barclay encourage to change technology? Any training program happens? How easy to move between teams with new technology Barclays global service center Barclays

like

Everyone enjoying not having to see giant Christmas trees next to a tiny menorahs?

like

Why this group is public? Shouldn't this be only for Accenture Canada folks?

like

Why do leaders keep comparing how “good”the new staff/seniors have it because they make more money starting out then they did and working 55 hours is better than the 70-80 hours they used to work? Instead they should compare what options they have available to them and what their goals are.

like

Would you say Austin’s real estate market will go through a correction in 2022? I am considering there in a few months (wife and 3 kids) from a normal-priced city. While we can afford a house there, I am scared of getting into an extremely risky investment seeing such fast growing prices in 2021. I’ve read both bull and bear scenarios online and I’d like to get some “Bowl’s” thoughts. Thanks!

like

Do legato allow technology switching to employees

like

I worked 2m for startup company and absconded due to bitter experience from Jun'21 - July'21 , later immediately joined to another company Aug'21 to present(under notice period). Now I got offer with comcast and will moving on Jan'23. I'm bit worried because I don't have releiving letter for those 2m but all other records are clear with me(includes to company I'm currently serving notice period). I yet to reveal this 2m to my Hr. Should I tell and leave as such, Kindly pour your advice.

Additional Posts in Investing and Personal Finance

KEC International looks good to buy around 350 levels

like

Hi fishes

I am planning to start investing in a smallcase. I am considering paid managers. Any suggestions on manger and smallcase will be really helpful

like

Celebrate azadi ka amrit mahotsav and reach your financial freedom when India will be celebrating 100 years of independence. 🇮🇳🇮🇳
DM me on 7019194829 for more details!!

Post Photo
like

Any good mf with less tracking error to invest in us equity.

like

Hi All. What is the best way to allocate 25 Lakh INR in savings into different investments to maximize returns. I recently moved out of India so Tax rebate is not a consideration for me. I already have 6 lakh plus invested in PF and MFs but I want to invest more as my money is getting depreciated in the savings bank account.

I also have an education loan with balance of 7 lakhs which I am planning to repay in lumpsum as there is no tax exemption now.

like

Anybody having experience good/bad about investing through Wint Wealth? Seems like a good way to diversify the liquid portion of the portfolio......if I am greedy this looks better than those liquid funds and a 100% safer than those too.
Also what independence disclosures will apply after the NSDL being made mandatory brokerage account....for Wint Wealth related investments

like

How do I invest in Secure Gold Bonds? Any reliable procedural steps or blogs or videos available?

like

hello, in elss is mirrae tax saver good or quant tax plan?

like

Looking for names of some effective financial/investment planners. Any suggestions? Plz give only the ones u hv worked with or experienced!

like

I am a new investor. Started with Parag Parikh and Tata MFs and LIC IPO.

1. I see that both my MFs are in red - I started investing in Jan. Should I consider adding other MFs? Should I reconsider these 2?
2. Please suggest good tax saving MFs.
3. LIC listing gains and further performance is horrible. How much of gain I can look forward to in another 5yrs?

Thanks in advance!

like

I'm 21, trying to build wealth. I need your help!

In the next 5 years, I plan on buying a house but there are so many investment options, I don't know what to choose.

I can invest upto 30,000 a month, please suggest!

The current state of market has me confused. I need an AR of 10-15% with Medium-High to Very High Risk profile.

Thanks!

likesmart

Hello Folks,

I am working in a mnc company, It's initial phase of my life I am 25 but I made a huge mistake that I started working in stock market when I was 22 and I lost the whole capital I earned in 3 years which I around 7 lac rupees and Found myself completely devasted and alone.
Now I am working on 13 LPA but I don't know how to accept the defeat and move on. I am completely stuck in the situation and Full with regrets also lost my whole self believe n confidence in life to do some. good.

like

Catch BPCL Rs.58 dividend with record date of 16th September

like

Has anybody invested on affordable housing in Gurgaon, India? Or got any insight for a first time investor.

like

Given the current downturn in US markets and specially Cypto, what's your strategy?

like

Considering the current fall in the equity and crypto market, which would be your go-to stocks / coins?

like

How to invest in Direct Growth Funds? I've created a CAN ID using MF Utilities. It asks me to login and proceed but I don't have my login ID generated. Should I wait for more time as my CAN ID was approved only yesterday?

like

do we save 100% on mediclaim premium for our parents in income tax?

like

I have savings of 5 lac INR and want to invest it somewhere. What should I choose?

like

Is CQF useful to get entry level Quant job?? for non quant undergrad.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal