March Month Update

Expenses:

I have spent ₹54,689 in March, the top 5 expenses are shopping (₹10,506), School expenses (₹7,895), School books (₹7,536), Groceries (₹6,317), and Medical (₹6,168).

Portfolio:

Fund Name	Apr 22
Franklin India Ultra Short Bond Fund - Super Institutional Plan - Direct Plan	₹9,376.97
Franklin India Taxshield Fund - Direct Plan	₹0.00
ICICI Prudential Savings Fund - Direct Plan	₹0.00
ICICI Prudential Value Discovery Fund - Direct Plan	₹1,26,522.02
ICICI Prudential Long Term Equity Fund (Tax Saving) - Direct Plan	₹68,414.69
Axis Long Term Equity Fund - Direct Plan	₹47,334.63
Quantum Equity Fund of Funds	₹1,971.14
SBI Small Cap Fund	₹1,977.60
Morningstar-Active Balanced Portfolio	₹58,62,122.00
NPS TIER I	₹2,04,303.92
NPS Tier-II	₹512.18
EPFO balance	₹15,28,581.00
Indian Stocks	₹20,78,981.00
US Stocks @₹73.05	₹0.00
Cash	₹3,20,257.80
Manas education fund	-₹408,395.62
Total Value	₹98,41,959.34

Networth has increased by ₹2,84,392. The market rebounded and most of the gains are from there. Increasing networth will be nothing if it does not support my cash flow needs in the future.

For the last 12 months, I had spent ₹6,56,009 which is ₹54,667 per month. My net worth is ₹98,41,959. I have about 180 months of living expenses which is 15 years. My objective is to accumulate 25 times annual expenses from which I can withdraw 4% annually. My passive income will be ₹32,806 if I withdraw 4% now. If I retire now I have to withdraw 6.66% annually. If inflation is 6% I should make 10% if I have 25 times and to retire today I should make 12.66% of my net worth. My net worth does not include rental income but I still want to achieve 25 times or close to that amount, as long as I am in the job. I will be able to accumulate 25 times in 3 years 9 months which is Dec 2025.

February Month Update

Expenses:

I have spent ₹41,594 in February, the top 5 expenses are travel (₹10,844), Medical (₹6,743), Groceries (₹5,560), Maintenance (₹4,499), and Internet (₹4,435). Travel, when planned in hurry, will cost more. I have to plan my travel carefully.

Portfolio:

Fund Name	Mar 22
Franklin India Ultra Short Bond Fund - Super Institutional Plan - Direct Plan	₹9,291.90
Franklin India Taxshield Fund - Direct Plan	₹0.00
ICICI Prudential Savings Fund - Direct Plan	₹0.00
ICICI Prudential Value Discovery Fund - Direct Plan	₹1,22,494.39
ICICI Prudential Long Term Equity Fund (Tax Saving) - Direct Plan	₹65,686.67
Axis Long Term Equity Fund - Direct Plan	₹47,334.63
Quantum Equity Fund of Funds	₹1,413.66
SBI Small Cap Fund	₹1,415.94
Morningstar-Active Balanced Portfolio	₹57,77,668.00
NPS TIER I	₹1,99,248.73
NPS Tier-II	₹499.98
EPFO balance	₹15,15,911.00
Indian Stocks	₹19,86,904.00
US Stocks @₹73.05	₹2,23,245.71
Cash	₹5,479.00
Manas education fund	-₹399,027.13
Total Value	₹95,57,566.48

Equity did not do well this month and added quite a bit of money. I have moved money from a Savings fund to a value discovery fund without rhyme or reason. I have started transferring 10K each month to the RBL account to use it as an emergency fund. I will add ultra short-term fund redemption money to RBL as well.

Networth has decreased by -₹118,446.40.

For the last 12 months, I had spent 6,76,603 which is 56,383 per month. My net worth is 95,57,566. I have about 169 months of living expenses which is 14 years and a month. My objective is to accumulate 25 times annual expenses from which I can withdraw 4% annually. My passive income will be 31,858 if I withdraw 4% now. If I retire now I have to withdraw 7.07% annually. If inflation is 6% I should make 10% if I have 25 times and to retire today I should make 13.07% of my net worth. My net worth does not include rental income but I still want to achieve 25 times or close to that amount, as long as I am in the job. I will be able to accumulate 25 times in 4 years 2 months which is April 2026.