Batch 1

Group Members:
Akansha Mittal
Jasneet
Shivani Pandey
Somansh
Vivaswath K V
 Kapil Gupta
Age: 31 yrs
Design Engineer in Delhi
Lives in Rented house
No. of Dependents: 2

Goals Years to Goal Present Cost Inflation Future Value

₹ 4,00,000
Child Birth (Health) 3 5% ₹ 4,63,050
₹ 5,00,000
Child Graduation 15 5% ₹ 10,39,464
₹ 15,00,000
Child Marriage 25 5% ₹ 50,79,532
-
Retirement Corpus 29 5% ₹ 739,88,702
 Name of Policies/Mutual Funds
Name Amount Tenure
Investments Max Bupa - Heartbeat (Health Insurance) ₹ 4,00,000 20 years

HDFC Small Cap Fund - Direct Plan ₹ 42,000 8 years

Fixed Deposits ₹ 4,00,000
Reliance Small Cap Fund ₹ 40,000 8 years
SBI Life - Smart Power Insurance ₹ 100,00,000 34 years
Mutual Funds ₹ 82,000
Fixed Deposits ₹ 4,00,000 3 years

Gold ₹ 15,63,000 Gross Taxable Income ₹ 16,79,520

Tax Deductions
EPF ₹ 5,20,000
Description Monthly Annual
Insurance(Life) ₹ 2,000 ₹ 24,000
Car ₹ 6,00,000 PF ₹ 10,200 ₹ 1,22,400
PPF ₹0
Health Insurance ₹ 4,00,000 Total Deductions Under 80C ₹ 1,46,400
Section 80CCD (1B) NPS ₹ 50,000
Equity ₹ 60,000
Section 80D Medical Insurance ₹ 12,000
₹ 140,00,000 Total ₹ 2,08,400
Real Estate

Life Insurance ₹ 100,00,000 Taxable Income ₹ 14,71,120

Tax ₹ 2,53,836
Education Cess @ 3% of Tax ₹7,615.08
Total Tax ₹ 2,61,451
Cost of living at the age of 60 ₹ 50,41,292.99

Plus extra expense on medical ₹ 25,000.00

Total cost ₹ 50,66,292.99

Life expectency 80 yrs

Total corpus required at 60 ₹ 1013,25,859.90

 Years
Current Suggested Annual
Goal to FV of Goal PV of Asset FV of Asset Gap Return %
Investment Investment Investment
Goal

Child Birth
Bank Savings, FD 3 ₹ 4,63,050 ₹ 4,39,000 ₹ 4,93,815 ₹ -30,765
(Health)

HDFC Top 100

Mutual Fund Child Education 15 ₹ 10,39,464 ₹ 82,000 ₹ 5,79,521 ₹ 4,59,943 ₹ 9,588 15.10%
Fund (G)

Reliance Large
Equity Child Marriage 25 ₹ 50,79,532 ₹ 60,000 ₹ 3,67,824 ₹ 47,11,709 Cap Fund- Retail ₹ 16,389 16.90%
Plan (G)

Retirement
EPF 29 ₹ 1023,25,860 ₹ 5,20,000 ₹ 1830,58,092 ₹ -807,32,232
Corpus
HDFC Top 100 Fund (G)
Reliance Large Cap Fund – Retail Plan(G)
 The financial plan and
various requirements are
based on the present
financial conditions of the
person
 The average inflation rate is
assumed as 7% for the
lifetime
 The salary growth rate is
taken as 7% per year
 The life expectancy is
expected to be 80
 Personal Details Members
Age 30
Profession Private Service Wife 28yrs and
City Delhi working
Smoking No
Drinking No Mother 58yrs and
Risk Tolerance Moderate Homemaker
Retirement Age 65 Child 3 yrs
Life
Expentancy 80
Marital status Married
Children 1
 Annual Earnings
Gross Salary 840000 Wife Income
Gross Salary 600000
Annual Deductions
Section 80C 150000 Annual Deductions
Home loan 0 Section 80C 150000
Standard Standard
deduction 40000 deduction 40000
Net Taxable Net Taxable
Income 650000 Income 410000
Tax Deducted 42500 Tax Deducted 8000

Post Tax Income 797500 Post Tax Income 592000

Post Tax
Income(Spouse) 592000
Total Income 1389500
 Annual Expenses
House
Rent 0
Furnishing 15000
30000
Entertainment
Movies and Dining Out 60000
Internet, Television and
Mobile 18000
Personal
Food 120000
Clothing 60000
Transport 90000 Assets
Medical 20000 Gold 1000000
Education 84000
Utility 80000 Bank Savings (250000+200000
Vacations 80000 A/C )
Miscellaneous 150000
Loan Repayment Fixed Deposit 300000
Home Loan 0 EPF 400000
Car loan 0
Insurance Premium PPF 200000
Term Plan 12000 Own House 12000000
LIC policy 50000
Investments
SIP 36000
EPF 144000
PPF 70000
Total 1119000

Savings 270500
 Present
Goals Inflation Future Value Priority
Target Date Value/annum
Child Education 2044 50,00,000 7% Rs. 3,10,69,338.15 1
Retirement planning 2049 548100 7% Rs. 2,97,67,919.94 2

Ownership of House 2024 1,00,00,000 7% Rs. 1,40,25,517.31 3

Child's Marriage 2049 50,00,000 7% Rs. 3,80,61,275.21 4

Dream Car 2034 30,00,000 7% Rs. 82,77,094.62 5
 Value per month Value per annum
Total Savings 22541 270500
Total Investment 16000 192000
38541
 Child’s Education
 Time - 17 Years
 The current investment at 12 percent return will amount to 69,75,516
 The balance will be achieved by investing in a medium risk debt
mutual fund like HDFC Balance Advantage Fund Growth.

Child’s Marriage Goals

Time: 25 years
 The current investment at 12 percent return will amount to
1,55,53,617
 The balance will be achieved by investing in a medium risk debt
mutual fund like HDFC Balance Advantage Fund Growth.
 Retirement Planning

 Time - 35 Years
 The current investment at 8.5 percent return will amount
to 20930699
 This will be achieved by investing in SBI Magnum Constant
Maturity Fund.
Vacations
Vacation Time Return Amount
1 10 15% 1075575
2 20 15% 2155707

The required corpus will be achieved by investing in SIP Blue Chip Fund.
 Personal Details
Priority no Particulars Target Date

Name of the client Mr. Savneet Singh

1 Child Education 2044
Age (years) 30
2 Child's Marriage 2049
Sex Male

Company Aon 3 Retirement planning 2049

Position Acturial Analyst

4 Ownership of House 2024
Location Noida
5 Dream Car 2034

Family Details
Name Relationship Age Occupation Earnings (per month)
Mrs. Jasmeet Kaur Wife 29 Housewife Nil
Salary Structure Monthly Yearly Exemption Taxable Salary
Basic Salary Rs. 55,000.00 Rs. 6,60,000.00 Rs. 0.00 Rs. 6,60,000.00
HRA Rs. 16,500.00 Rs. 1,98,000.00 Rs. 1,26,000.00 Rs. 72,000.00
LTA Allowance Rs. 3,750.00 Rs. 45,000.00 Rs. 15,000.00 Rs. 30,000.00
Special Allowance Rs. 40,350.00 Rs. 4,84,200.00 Rs. 0.00 Rs. 4,84,200.00
Bonus Rs. 1,800.00 Rs. 21,600.00 Rs. 0.00 Rs. 21,600.00
Rs. 1,17,400.00 Rs. 14,08,800.00 Rs. 12,67,800.00
Gross Taxable Salary Rs. 12,67,800.00
Income from Other
Deductions Sources 5874
24 B Gross Annual Income 12,73,674.00
Standard Deduction -40,000.00
Interest HL ₹ 0.00 0
12,33,674.00
80C
EPF Deduction Rs. 64,800.00
Tax
Public Provident Fund Rs. 10,000.00
0-250000 0
ELSS 55,000
Life Insurance Premium 24,020 250000-500000 12500
1,53,820.0 1,50,000.00 500000-1000000 105777.4
80D Total Tax Liability Rs. 1,18,277.40
Medical Insurance Premium 0 0
Cess @ 3 % Rs. 3,548.32
80CCD
NPS 50000 50000 Net Tax Liability Rs. 1,21,825.72

80TTA Net Income (Annual) Rs. 11,51,848.28

Saving Interest Received 4787 4787 Net Income (Monthly) Rs. 95,987.36
Net Taxable Income 10,28,887.00
INCOME/INFLOW MONTHLY ANNUAL
Salary + Other Income( Net of tax) Rs. 95,987.36 Rs. 11,51,848.28
Total Rs. 95,987.4 Rs. 11,51,848.3
EXPENSES / OUTFLOW
Entertainment Rs. 1,000.00 Rs. 12,000.00
Medical Rs. 1,000.00 Rs. 12,000.00
Transport Rs. 3,000.00 Rs. 36,000.00
Food & Clothing Rs. 12,000.00 Rs. 1,44,000.00
Children's education fees Rs. 0.00 Rs. 0.00
Rent Rs. 16,000.00 Rs. 1,92,000.00
Vacations Rs. 4,166.67 Rs. 50,000.00
EXPENSES Rs. 37,166.67 Rs. 4,46,000.00

Investments and Insurance

Life Insurance (Endowment LIC) Rs. 2,001.67 Rs. 24,020.00
Investment in NPS Rs. 4,583.33 Rs. 55,000.00
ICICI Prudential Bluechip Fund Rs. 29,166.67 Rs. 3,50,000.00
Total Investments Rs. 35,751.67 Rs. 4,29,020.00
Saving Rs. 23,069.02 Rs. 2,76,828.28

Current Net of Savings and Investments Rs. 58,820.69

 Present
Goals Inflation Future Value Priority
Target Date Value/annum
Child Education 2044 50,00,000 7% Rs. 3,10,69,338.15 1
Child's Marriage 2049 50,00,000 7% Rs. 3,80,61,275.21 2
Retirement planning 2049 548100 7% Rs. 2,97,67,919.94 3

Ownership of House 2024 1,00,00,000 7% Rs. 1,40,25,517.31 4

Dream Car 2034 30,00,000 7% Rs. 82,77,094.62 5

 Goals Suggestions
Rs 4800 in HDFC Top 100 Fund and Rs 4800 in ICICI Prudential
Child Education Bluechip Fund (15.10%)
Child's Marriage Rs 5500 in HDFC Top 100 Fund (15.5% return )

Retirement planning Rs5000 Monthly in HDFC Top 100 Fund

Ownership of House Rs 4700 monthly in HDFC Top 100 Fund (15.5% return 5yr)

Rs 4000 in HDFC mid cap opportunities Fund

Dream Car RS 4000 in L&T Mid Cap Fund
Total Consolidated Funds Required in SIP

Funds to Invest In Amount

HDFC Top 100 (G) 20,000.00

ICICI Prudential Bluechip Fund (G) 4800

HDFC Mid-Cap Opportunities Fund (G) 4000

L&T Mid Cap Fund (G) 5500

34300
Cost of living at the age of 60 ₹ 10,87,969.02

Plus extra expense on medical ₹ 25,000.00

Total cost ₹ 11,12,969.02

Life expectency 80 years

Total corpus required at 60 ₹ 2,22,59,380.30

 Gap (FV of
Current Years PV of FV of Annual Return
Goal FV of Goal Goal- FV of Suggested Investment
Investment to Goal Asset Asset Investment %
Asset)

Bank Savings, FD ₹ 4,63,050 ₹ 5,54,000 ₹ 6,23,175 ₹ -1,60,125

Child Birth
(Health) 3
Child
Mutual Fund ₹ 10,39,464 ₹ 90,000 ₹ 6,36,059 ₹ 4,03,405 ₹ 8,409 15.10%
Education 15 HDFC Top 200 Fund (G)
Child Reliance Top 200 fund-
Equity ₹ 50,79,532 ₹ 75,000 ₹ 4,59,780 ₹ 46,19,753 ₹ 16,069 16.90%
Marriage 25 Retail Plan

₹ ₹
EPF ₹ 50,79,532 ₹ -6,84,20,487
7,35,00,019 7,35,00,019
Retirement
Corpus 29
₹
₹ -6,35,57,454 ₹ 24,478
7,52,19,032
 Profile Details
Name Vishruth
Age 33
Profession Senior Engineer(Rolls Royce Aero Engine)
Marital Status Married (Spouse is a homemaker)
Children 0
Residential Status Resident(ROR)
Location Bangalore
Residence Own House
Risk Appetite Moderate
Smoking Yes
Drinking Yes
Retirement Age 60 years
Life Expectancy 80 years
 ASSETS
Gold ₹ 1,000,000.00
House ₹ 20,000,000.00
Car ₹ 1,500,000.00
Bank Savings A/C ₹ 600,000.00
Fixed Deposit ₹ 1,000,000.00
EPF ₹ 1,000,000.00
Real Estate ₹ 30,000,000.00
TOTAL ASSETS ₹ 55,100,000.00

LIABILITIES
₹ 0.00

NET WORTH ₹ 55,100,000.00

 Earnings/Inflows Monthly Annual
Salary ₹ 108,333.33 ₹ 1,300,000.00
Farming Income(Non-Taxable) ₹ 20,833.33 ₹ 250,000.00
Average annual bonus ₹ 4,166.67 ₹ 50,000.00
Income from capital gains ₹ 5,708.33 ₹ 68,500.00
Income from other sources ₹ 0.00 ₹ 0.00
Total Earnings ₹ 139,041.67 ₹ 1,418,500.00

Deductions and Allowances Monthly Annual

Section 80C ₹ 12,500.00 ₹ 150,000.00
Standard Deductions ₹ 4,166.67 ₹ 50,000.00
80D ₹ 1,791.67 ₹ 21,500.00
Net Taxable Income ₹ 99,750.00 ₹ 1,197,000.00
Tax Deducted ₹ 14,300.00 ₹ 171,600.00
Cess ₹ 572.00 ₹ 6,864.00
Post Tax Income ₹ 103,336.33 ₹ 1,240,036.00
Post Tax Income(Spouse) ₹ 0.00 ₹ 0.00
Total Income ₹ 103,336.33 ₹ 1,490,036.00
 Annual
Expenses/Outflows Monthly Annual Expenses
Annual Expenses
Groceries ₹ 5,000.00 ₹ 60,000.00 8.22%
Transportation ₹ 7,000.00 ₹ 84,000.00 11.51%
Entertainment ₹ 3,000.00 ₹ 36,000.00 4.93% Groceries
Wages for Household
Transportation
Help ₹ 4,000.00 ₹ 48,000.00 6.58%
8.22% Entertainment
Food and Clothing ₹ 15,000.00 ₹ 180,000.00 24.67%
24.67% 11.51%
Wages for
Monthly Utilities Bills ₹ 10,000.00 ₹ 120,000.00 16.45% 4.93% Household Help
2.95%
Health Insurance ₹ 1,791.67 ₹ 21,500.00 2.95% 6.58% Food and Clothing
16.45%
Miscellaneous ₹ 15,000.00 ₹ 180,000.00 24.67% 24.67%
Monthly Utilities
Bills
Health Insurance
₹ ₹
Total Expenses 60,791.67 729,500.00 100.00% Miscellaneous

SAVINGS ₹ 63,378.00 ₹ 760,536.00

 EPF Schedule
Return on EPF 8.55% Depending on average of 2017-18 Age Investment Interest Total
Current Corpus 1000000 ₹ 1,000,000.00 ₹ 85,500.00 ₹ 1,085,500.00
33 ₹ 150,000.00 ₹ 1,235,500.00 ₹ 105,635.25 ₹ 1,341,135.25
PF Contribution ₹ 49,832,297.52 34 ₹ 162,000.00 ₹ 1,503,135.25 ₹ 128,518.06 ₹ 1,631,653.31
35 ₹ 174,960.00 ₹ 1,806,613.31 ₹ 154,465.44 ₹ 1,961,078.75
Total Retirement Corpus ₹ 49,832,297.52
36 ₹ 188,956.80 ₹ 2,150,035.55 ₹ 183,828.04 ₹ 2,333,863.59
37 ₹ 204,073.34 ₹ 2,537,936.94 ₹ 216,993.61 ₹ 2,754,930.54
Retirement Corpus 38 ₹ 220,399.21 ₹ 2,975,329.76 ₹ 254,390.69 ₹ 3,229,720.45
39 ₹ 238,031.15 ₹ 3,467,751.60 ₹ 296,492.76 ₹ 3,764,244.36
Year Living Expenses 40 ₹ 257,073.64 ₹ 4,021,318.00 ₹ 343,822.69 ₹ 4,365,140.69
2018 ₹ 800,000.00 41 ₹ 277,639.53 ₹ 4,642,780.22 ₹ 396,957.71 ₹ 5,039,737.93
2046 (Annually) ₹ 3,639,506.37 42 ₹ 299,850.69 ₹ 5,339,588.62 ₹ 456,534.83 ₹ 5,796,123.45
43 ₹ 323,838.75 ₹ 6,119,962.20 ₹ 523,256.77 ₹ 6,643,218.97
2046 (Monthly) ₹ 303,292.20 44 ₹ 349,745.85 ₹ 6,992,964.82 ₹ 597,898.49 ₹ 7,590,863.31
45 ₹ 377,725.52 ₹ 7,968,588.83 ₹ 681,314.34 ₹ 8,649,903.17
46 ₹ 407,943.56 ₹ 9,057,846.73 ₹ 774,445.90 ₹ 9,832,292.63
Corpus Needed For next 20 Years
₹ 41,744,851.34 47 ₹ 440,579.04 ₹ 10,272,871.67 ₹ 878,330.53 ₹ 11,151,202.20
after retirement 48 ₹ 475,825.37 ₹ 11,627,027.57 ₹ 994,110.86 ₹ 12,621,138.42
49 ₹ 513,891.40 ₹ 13,135,029.82 ₹ 1,123,045.05 ₹ 14,258,074.87
Inflation 50 ₹ 555,002.71 ₹ 14,813,077.58 ₹ 1,266,518.13 ₹ 16,079,595.71
51 ₹ 599,402.92 ₹ 16,678,998.63 ₹ 1,426,054.38 ₹ 18,105,053.02
6% 52 ₹ 647,355.16 ₹ 18,752,408.18 ₹ 1,603,330.90 ₹ 20,355,739.07
Life Expectancy After 53 ₹ 699,143.57 ₹ 21,054,882.65 ₹ 1,800,192.47 ₹ 22,855,075.11
20 Years 54 ₹ 755,075.06 ₹ 23,610,150.17 ₹ 2,018,667.84 ₹ 25,628,818.01
Retirement
55 ₹ 815,481.06 ₹ 26,444,299.07 ₹ 2,260,987.57 ₹ 28,705,286.64
56 ₹ 880,719.55 ₹ 29,586,006.19 ₹ 2,529,603.53 ₹ 32,115,609.72
₹ 57 ₹ 951,177.11 ₹ 33,066,786.83 ₹ 2,827,210.27 ₹ 35,893,997.10
Surplus 8,087,446.18 58 ₹ 1,027,271.28 ₹ 36,921,268.38 ₹ 3,156,768.45 ₹ 40,078,036.83
59 ₹ 1,109,452.98 ₹ 41,187,489.81 ₹ 3,521,530.38 ₹ 44,709,020.19
 2nd House Construction Loan From Bank after 8 years
After 7
Loan Type Housing Loan
Inflation 6%
Current value ₹ 8,000,000.00 Interest Rate 9.0%
Future Value ₹ 12,029,042.07 Principal Amount ₹ 3,000,000.00

EMI ₹ 27,000.00
Corpus Building
Time Period for Investment 20 Years
₹
Mutual Fund Axis Bluechip Fund Amount Difference 4,843,174.61
Rate of Return 16.6%
Investment per Month ₹ 30,000.00
Invesment per Annum ₹ 360,000.00
Time Period for Investment 7 The Difference amount would
be adjusted from selling of real
Money at Hand ₹ 4,185,867.47
estate or receiving rental
Amount Difference ₹ 7,843,175 income
 Business Venture
After 5
Inflation 6%
Current value ₹ 1,868,145.43
Future Value ₹ 2,500,000.00

Scheme Used: Mirae Emerging Bluechip Fund

Investment Horizon 5
Investment Instrument Mutual Fund
Type Large & Midcap
Annual Rate of Return 26.50%
Corpus Required ₹ 2,500,000
Yearly Investment ₹ 295,850
Monthly Investment ₹20,385
 Road Trips
Period 1
Inflation 6%
Future Value ₹ 100,000.00

Scheme Used: Kotak Liquid Scheme

Investment Horizon 1

Investment Instrument Mutual Fund

Type Liquid Fund
Annual Rate of Return 8.00%
Corpus Required ₹ 100,000
Yearly Investment ₹ 100,000
Monthly Investment ₹8,032
Monthly Savings ₹ 63,378
Monthly Investment in MF ₹ 58,417
Surplus (Monthly) ₹ 4,961
Surplus (Annual) ₹ 59,534

To invest in a Life insurance term policy of Rs. 2.25 Cr from ICICI Prudential I-protect
Until the age of 60. The approximate price of the term policy would be Rs. 33000 pa
 The financial plan and
various requirements are
based on the present
financial conditions of the
person
 The average inflation rate is
assumed as 6% for the
lifetime
 The salary growth rate is
taken as 8% per year
 The life expectancy is
expected to be 80