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Q.

Blind Management?

I'm 27 yrs. My take home salary is of 15K. I have made the following
Amount(per year) Term
LIC Money Back 25,000 20
LIC Health Plus 6,000 till age 65
Mutual Funds(4 nos.) 6,000 One Year
Bank savings 40K

Please tell me whether my investments and insurances need any change.

Your suggestions are welcomed
Thanks

Tags: year, thanks, money
Asked by Karthikeyan.M, 25 Jul '10 03:03 pm
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Answers (3)

1.

Now that you are below 30,the above allocation is satisfactory. you can have a review after three years.
Answered by Revathi Kuruvada, 25 Jul '10 04:21 pm

 
  
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2.

U can increase the savings with recurring deposit account or with ppc / vpf.
Answered by bhaskar erram, 25 Jul '10 03:19 pm

 
  
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3.

You should have min 75000 rs in bank Fdrs .in case of emergency you can withdraw on the same day & take cash.
Answered by jagdeep singh, 25 Jul '10 03:10 pm

 
  
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