Adjusting Allocations

Safety of investments is paramount for me and I have tailored my financial destinations accordingly. My primary investments are in fixed income instruments like Public Provident Fund (PPF) (Rs 2.84 lakh), Post Office MIS (Rs 1.64 lakh), bank fixed deposits (FDs) (Rs 3 lakh) and insurance policies (total premium paid Rs 6.90 lakh till date). The risk factor is present in my equity exposure, having bought stocks that are currently valued at about Rs 55,000. I started buying into mutual funds (MFs) 2 years ago and have invested a total of Rs 50,000 in them so far, but the value has fallen to about Rs 45,000 now. However, there are no ongoing SIP payments being made.

This article was originally published on August 27, 2009.