Strategy for meeting goals

Moving money from equity to debt in the last stages of any financial goal ensures that the corpus does not erode suddenly due to a fall in the stock market

Mangesh has been a client of a long time. He is an aggressive risk-taker and believes in high allocation to equities. When we had started the planning exercise in 2015, some of his goals, such as overseas higher education for his child was due in late 2020. Since the funds were required for a medium-term period of five years, we had planned for a monthly systematic investment plan in balanced funds. He initially wanted a more aggressive selection, but after a discussion, agreed on our recommendation. 

In the last review in 2019, his daughter had already secured admission to a