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Risk Profiling & Financial Planning

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Mr. Gurmeet and Mr. Rajesh are both working professionals. Gurmeet is a 28-year-old young individual and Mr. Rajesh is in his early 40’s.
Do they have same risk profile?
The answer is NO. Let’s take another example, suppose both are of same age with one being a salaried employee and other a businessman, again the same question “Do they have same risk profile?”
Answer will still remain the same “NO “. Why?
Risk profiling before any investment is an immensely critical part. Many of us fail in assessing risks involved with individuals and investment. A 28-year-old salaried professional will have different risk profile compared to a 42-year-old salaried professional. Similarly, a 28-year-old businessman will have different risk profile compared to a 28-year-old salaried professional. Their life’s financial goals are different, their risk appetite is different.
In today’s world, each individual has its own set of financial goals which differs from other individual. Hence, there is nothing a…

Financial planning for Retirement fund

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Financial planning for Retirement fund
In today’s world everyone is running towards making his or her life more comfortable financially. Be it urban or rural population both save money for their future. In our life we have all sorts of financial goals like children’s education, vacation planning, children’s marriage or buying a new car. But out of this which we don’t consider is the most important task of life which is retirement funding. At particular age individuals will stop earning fresh money but expenses will still be there. Major percentage of individuals starts saving for retirement fund after they cross age of 45 plus. This is actually very difficult to built a decent corpus for retirement at that age as major of liabilities and goals start maturing at that time and which leads to higher expenses and generally individuals are left with no or small corpus of retirement fund.
Retirement is actually a period wherein individual will definitely wish to travel or enjoy as he or she w…

Mutual Funds : Looking Ahead

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MUTUAL FUNDS: LOOKING AHEAD Being a retail or HNI investor, majority of investors have chosen mutual funds or systematic investment plan as investment tool. When Retail investment products like fixed deposits, NSC, KVP & etc. products has become dull products on returns parameter, than as investor many of people started investments in mutual funds for better returns. Golden period of returns from 2016 to 2018 has gone now. Markets are showing uncertainty in lieu of global cues, political uncertainty, higher crude prices, high bond yields and higher dollar prices. If we see the returns pattern from last three months in major of the funds, they are in negative.Is it the end of mutual fund era?
Major of investors, with help of investor education programme and mutual funds initiative programme, started investments in mutual funds and other structured products as traditional products became less lucrative in term of returns. With way of SIP and other systematic plans, investors pumped Hu…

Union Budget 2018-2019 : Impact and Analysis

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Annual budget proposals have been tabled yesterday by Mr. Arun Jaitely (Finance Minister) in Parliament. There were many proposals to boost rural economy, employment situation and controlling inflation. There were proposals towards making India as manufacturing hub also. Make in India is flagship programme of our government and budget has given focus on this. Apart from this government has also focused on social sector reforms by introducing health care scheme for 40% of population of India. Corporate tax has been reduced to 25% from 30% for SME and MSME whose turnover is less than 250 Cr in a year.
Union Budget Proposals



Indian stamp act to be modified in consultation with states.Bank Bill discounting to be linked with GSTN.New gold policy to be announced.Fiscal Deficit at 3.5% of GDP for 17-18 and 3.3% of GDP for 18-19.Presumptive income tax compliance for business and profession not satisfactory.80JJAA days limit reduced for Textile and footwear industry to 150 days.No adjustment u/s…