- Effective financial planning means :
- Starting early
- Investing regularly
- Investing with a long term horizon
- Keeping long term goals/requirements in mind
- Obstacles to financial planning
- Lack of time for diligent planning and implementation
- Irregular investment patterns
- Delayed start, leading to loss of investment opportunities
Typical financial needs to be provided for
Hypothetical example of a person aged 35 years who will need funds for...
- Higher Education of his child after approximately 11 yrs
- Equivalent of Rs. 10 lakhs required today
- Marriage of his child after approximately 16 years
- Equivalent of Rs. 20 lakhs required today
- His Retirement after approximately 21 years
- Equivalent of Rs. 30000 p.m. today for house- hold expenses and other commitments like medical expenses for rest of his post retirement life. Required corpus Rs.1.4 crs after 21 years.
Using systematic investments to achieve your financial goals
| CAGR* as on 30th June, 2006 |
1 Year |
3 Year |
5 Year |
Since Inception
8/10/1995 |
| Total Amount Invested at Rs. 1000 p.m. |
12000 |
36000 |
60000 |
129000 |
CAGR* under Reliance Growth Fund
Systematic Investment Plan |
Present value |
12620 |
73390 |
262911 |
1181956 |
| Yield |
10.21% |
53.41% |
63.55% |
38.38% |
CAGR* under Reliance Vision Fund
Systematic Investment Plan |
Present value |
13144 |
64397 |
225149 |
945665 |
| Yield |
19.07% |
42.42% |
56.29% |
34.54% |
| Benchmark Return - BSE Index |
Present Value |
13334 |
52858 |
140069 |
356954 |
| Yield |
22.33% |
34.51% |
35.05% |
17.95% |
* Compounded Annualised Growth Rate
Past Performance may or may not be sustained in the future..
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