Thank you for registration.
We will keep you updated with our investor educative information.
We already have your details.
Every investment should be goal-based
Published On , 4 Jul 2016 By ET Wealth
Every important journey has a destination. Similarly, every investment should have a Goal. And each Goal should be time-based. Also one needs to quantify the estimated amount of money needed to achieve that Goal. Your Goals could be differentiated by the expected time to achieve:
Paying insurance premiums every year (Rs 25,000)
A foreign holiday after 2 years (Rs 5 lakh)
Buying a car after 3 years (Rs 5 lakh down payment)
Child’s marriage in 15 years (Rs 1 crore)
I will retire after 20 years (Rs 4.5 crore)
Buying a house after 5 years (Rs 30 lakh down payment)
The child goes to college after 7 years (Rs 20 lakh)
How to implement it
The easiest way to plan your financial Goals is to take the help of an experienced and registered financial planner /advisor
utiswatantra.com is a UTI Mutual Fund investor education initiative
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
All the data/information shared above has been collected and compiled by UTI Swatantra's media partners - BCCL (Times of India, ET Wealth), One India (ABP, HBL, Hindustan, HT, Mint, Sakal, The Hindu, The Telegraph), ET NOW & Radio One . UTI Mutual Fund (acting through UTI Trustee Company Pvt Limited) / UTI Asset Management Company) owes no responsibility/liability whatsoever in this regards. The information contained should not be construed as forecast or promise.
Any investment decision taken based on the information provided in the content above shall be at sole risks, cost and consequences of the user.