Wednesday 30 August 2017

Pay day

I have received a salary of 80912 rupees post tax for the month of August. I should save 50% of post tax salary but I am not going to consider bonus in that calculation so pay minu bonus is 53409. My investments this month should be (53409/2) = 26704.5 + bonus (27503.00) = 54208. Out of which I move 5500 to Franklin India Taxshield and rest to Franklin India Dynamic P E Ratio Fund Of Funds (48708). I have checked indexation benefit for Dynamic fund and I am hoping I would make about 10% overall after tax. 

I have paid 2750 insurance plus kid school fee into debt fund already, I will be left with 23954 to spend in the month of September. 

My PF(502837) and Gratuity (156801) stands at 659638 as of today. 

I did receive 510 rupees as dividend so should invest those too.

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