MoneyFlow

SIP - SMART INVESTMENT PRODUCT

Wish you all have a Healthy and Wealthy FY 2016-17

Welcome to new financial year 2016-17

Few thumb rules help in financial decisions..

1) Minimum Equity Allocation = 100 - Age

2) Retirement Fund = Minimum 20 times your yearly income

3) Investment = Minimum 30% of your income

4) Cost of your house = Not be more than 10 times of your family income.

5) EMI = Not more than 35% of your gross monthly income.

6) Investment Asset Class = should beat inflation.

7) Life Insurance = Minimum 10 times of your yearly income.

8) Emergency Fund = Minimum 6 months expenses

9) Mediclaim = Minimum of 5 lakhs.

10) Accident & Disability Insurance : Minimum 20 times of your yearly income.

Wish You Happy Investing