Mr.

Jignesh Pathak,
Thank you for choosing to give us your information. Our experts have gone through the details you provided and their recommendations follow in this document. You stand to benefit by

a. Tax Savings upto Rs. 4950/b. Increase in returns on your investments from current 9% to 13%

Expert Recommendations
1) We recommend an additional term insurance of Rs 150000 to cover your risk. The current risk cover is not sufficient to cover your liabilities. The additional risk cover would help you cover all the liabilities incase of unfortunate events 2) We recommend a pension ULIP plan which would take care of your retirement. 3) We recommend you to invest Rs 10000 per annum Whole life ULIP plan which would take care of the life risk cover for the entire life and also have growth opportunities and generate a corpus for the child education Currently you are having a surplus of Rs 90000 per annum of which you can utilize Rs.30000 in ULIP plans safely to cover the risk of life and also the return Rs 30000 invested regularly for 25 years would have a corpus value of Rs 4100000. 4) We recommend you to invest additional 20000 in ELSS which is expected to generate a 14% return per annum. 5) Since the surplus money is available and looking at your risk profile, we recommend an investment of Rs 20000 in ELSS mutual funds.

Asset Allocation
Here is the Recommended Asset Allocation. Average return on recommended portfolio - 13%
ELSS MUTUAL FUNDS SECURE INVESTMENTS INSURANCE (RISK COVER ONLY) INSURANCE WITH RETURNS TOTAL 60000 20000 10000

ELSS Mutual Funds Secure Investments Insurance ( Risk Cover Only) Insurance with returns

30000

120000

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Your Current Asset Allocation is shown below. Average return on Current portfolio - 9%
ELSS MUTUAL FUNDS SECURE INVESTMENTS ELSS Mutual Funds Secure Investments Insurance ( Risk Cover Only) INSURANCE WITH RETURNS TOTAL 0 INSURANCE (RISK COVER ONLY) 35000 20000 5000

60000

Calculations
Monthly Cash flow
Salary Less: PF Income tax Net Salary 27500 1417 378 25705

Less: House hold expenses 12853 Less: EMI 5333 Monthly Surplus 7519 Annual Surplus 90228 ______________________________________________________

Income tax returns ITR 1 Comparison ITR Headings Current Situation

330000 21600 47000 2000 54000 205400

After Recommendation
333000 21600 100000 2000 54000 155400

Salary Less: Exempt allowances Less: Deductions 80C Less: Deductions 80D Less: Interest On House property Taxable Income

Tax Liability

4540

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Assumptions used for these calculations

1) 2) 3) 4) 5) 6) Household expenses are assumed to be 50% of the net salary Inflation is assumed at 6% Growth rate for ULIP - 12% Growth rate for Mutual funds - 13% Risk Profile is assumed to medium based on the questions answered by you Housing Loan installment is taken as 6167 based on the principal and interest on loan entered

Disclaimer
This financial recommendation is based on information entered by you in the financial details page and telephonic discussions with you. You must read the information contained in the form in this financial recommendation carefully. If you believe that any relevant information may have been overlooked or misinterpreted, please contact us before proceeding with the implementation of the plan. We have relied on information supplied to us by you, which, we have assumed to be correct. This plan is prepared solely for the use of the client to whom it is addressed. This Financial recommendation is a forward-looking document. These forward-looking statements involve, and are subject to known and unknown risks, uncertainties and other factors, which could cause actual results, performance or achievements to differ from the future results, performance or achievements expressed or implied by such forward-looking statements. All forward-looking statements attributable to Intuit herein are expressly qualified in their entirety by the above mentioned cautionary statement. Intuit does not accept any direct or indirect liability for any results, performance or achievements that differ from results, performance or achievements implied by such forward-looking statements. We do not promise that the investments you make based on this plan will be profitable. The investments are subject to various markets, economic, political and business risks. We will not be liable for any losses that may be caused directly or indirectly by circumstances beyond our reasonable control or on account of our good faith decisions or actions. This document does not constitute an offer to sell or a solicitation of an offer to buy any security or other financial product, which may be referred to herein. This Financial recommendation is based on your current situation and goals, which will change with the passage of time and your age. Any material change in your financial situation will necessarily render the contents of the plan out of date. We strongly recommend that you a) review this plan periodically to ensure that your plans actual performance is consistent in meeting your goals, and b) update your plan annually to ensure that your plan is updated for your changing situation and goals.

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