Plan for investments

Hi, I need an help to plan my investments.Please help me to plan accordingly seeing my salary structure below.

I have my basic as 426216 PF:51146 HRA:170000 Transport Allowance:9600 LTA:30000 medical:15000 special allowance:201038

and yearly variable bonus i have 180000,where one part of 90k is paid in half yearly wise whle the other 90 yearly.

Now please help me out on my invetsments and tax savings.

I have bought Aegon religare term insurance of 30 lacs and I pay 4k p.a, I am planning to go for hdfc tax saver SIP of 1000 p.m also planning to invest on Birlas un life tax relief fund of 1000 p.m. and planning to invest on PPF of 2000 p.m.Now please suggest me how do i Plan rest of the money.Is my approach on investments is rght.I am also plannig to buy home loan,is that rght way to invest Kindly suggest me on this Thanks Manjunath

asked May 05 '11 at 03:11 by manjunath 1112


Your planning has been good overall. You have kept insurance and investment separate which is excellent.

Please read answers to similar question below:
http://www.socialfinance.in/questions/45/investment-advise
http://www.socialfinance.in/questions/7/tax-saving
http://www.socialfinance.in/questions/118/tax-saving
http://www.socialfinance.in/questions/178/investment-advise

answered May 05 '11 at 08:13 by pankaj 5.2k320

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Asked: May 05 '11 at 03:11

Seen: 1,184 times

Last updated: May 05 '11 at 08:13