02 July , 2020 20:57 IST
Investment options for NRI`s in 2015 based on trends in 2014
Hi, I am 23 yr old, an MB...
Equities/ Stock Markets
Online Trading & General queries
Que : Hi, I am 23 yr old, an MBA, earning Rs 25,000 a month. Nobody is financially dependent on me. I pay an EMI of Rs 7,500 as against my education loan. Can you suggest me an appropriate investment strategy keeping in mind my present financial situation?
Assuming you have a surplus of say 5k a month, you should put this money in an elss scheme. Pick a good elss scheme with 5-6 year track record. This will help you save some tax and increase your allocation to equities.
To view chat schedule
Learn what the Myiris Portfolio DOCTOR has to say about your financial health in 'Portfolio Advisory'. Here we present some live cases, combining diagnosis and prescription.
View Case Analysis
Myiris’ ‘Consumer Forum’ is an exclusive online section featuring consumer experiences with different financial products and services, whether extraordinary, good, bad, or pathetic..
7 Easy Steps of Financial Planning
Selecting the instruments
Creating and tracking your portfolio
Reviewing the plan
>> walk through the steps
© All rights reserved. IRIS Business Services Limited