Portfolio advice for my sister🙏

My sister is now 37 and got out of a bad marriage. She's joined the workforce again. Currently she has no savings. She makes about 15 LPA in had and has 1 lakh per month to save. She lives with me and my family and has limited expenses. My parents had bought a plot of land in her name which is the only real estate she has. She demanded no alimony or payment after the divorce as we were just glad to be rid of the husband and there were too many complications. We took back whatever gifts & gold she had with her and that's it. Currently she has: One plot of land in the outskirts (valued about Rs. 1 crore) which will grow slowly and we don't want to sell. Rs. 1 lakh per month to save/invest A decent medical insurance cover Some gold Our idea was to put Rs. 50,000 in an RD for the next two years and the balance 50k in UTI Nifty 50. Is this advisable?

a chat and email support executive

4mo

I would suggest you to Put 25K in RD or one 15K RD and 10K RD .rest of amount divide into 1 Large cap , 1 small cap , 1 midcap , 1 flxi cap fund .Dont put eevrything in nifty 50 fund .

anjanadmi

4mo

student at

Jamia Millia Islamia

First save up to 6 month salary as a emergency fund ..then invest that in Liquid Mutal fund or keep it as fd. Then you can invest in 1.uti nifty 50 index fund (20k) 2. parag parikh flexi cap fund (20k) 3. nippon india small cap fund (20k) 4. ICICI prudential Nifty Next 50 index(35k).. once the over all investment cross about 4 cr ,then convert the sip to swp

a content writer

4mo

Since she is employed I am assuming there will be VPF, which is over and above the 12% mandatory EPF deduction. Max this out as upto 2.5 L per annum in VPF is tax free. She could also start contributing monthly into an index mutual fund. It is comparatively safer if she is new to equities.

an assistant manager

4mo

With that amount I would suggest you spend some time on YouTube and check multiple videos for the best investment strategy according to your needs and requirements.

mysticalgannet

2mo

works at

Analytical Investments

9606602808 kindly contact we have multiple options of investments

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