• BY-

• ANMOL SETHI
• KRATIKA JAIN
• NIDHI SHARMA
What Is
Financial
Planning
Financial planning is the process of achieving your life
goals by using different investment options with your
current resources through proper money management. So
financial planning is not only about money but it is all
about life, about fulfilling your wishes, dreams, aspirations,
and your enjoyment in achieving them.
Personal Financial Planning of Anmol Sethi

PERSONAL INFORMATION QUALIFICATION- OCCUPATION- BUSINESS INCOME-600000

PURSUING BBA FROM
AMITY BUSINESS SCHOOL.
Monthly Allowances
• Entertainment Allowance
• Transport allowance
• Meal allowance
• Tour or Travel allowance
• Education allowance
Goals
• Complete college education
• Buying a new car
• Start a new business
Investments

• HDFC SUPER
INCOME PLAN
INVESTMENTS

Term Plan

Term Life insurance is the purest and most cost effective form of life insurance. This
type of life insurance provides financial protection to the nominee in case
policyholder dies during policy term. Term Insurance policies provide high life
cover at lower premiums.
Investments
SIP

SIP is a financial planning tool available for policy holder’s to create wealth and achieve their long term financial
goals by contributing a fixed amount in a selected fund(s) at regular intervals, which could be either monthly,
quarterly or yearly. The key benefits of SIP to policy holders are rupee cost averaging and also it inculcates
disciplined approach towards financial savings rather than ad hoc investment decisions.
With the help of SIP, policy holders need not be concerned about timing the market correctly. Market timing risk is
the risk of entering the market at a high price which may reduce long-term returns, or the risk of losing out on
upside by waiting too long for a low level to enter. Policy holders trying to time the market correctly have either
missed out big market rallies or have invested a lump-sum amount just when the markets have peaked. SIP helps
policy holders ride the market volatility by averaging out the cost as they invest a fixed sum regularly at various
levels.

SIP also helps in benefitting from the power of compounding, which means longer the investment horizon, the
greater the benefit.

SIP is a tool to reduce risk of market timing, and as such it is not a return maximizing tool. In a rising market SIP
investing underperforms lump sum investing at inception and in a volatile market SIP outperforms lump sum
investment. Given that markets on average tend to be volatile rather than uniformly rising, usually SIP is a good
risk management tool for policy holders in reducing market timing risk
Investments
• Shares in stock market-A stock market, equity market or share market is
the aggregation of buyers and sellers (a loose network of economic
transactions, not a physical facility or discrete entity) of stocks(also called
shares), which represent ownership claims on businesses; these may
include securities listed on a public stock exchange, as well as stock that is
only traded privately. Examples of the latter include shares of private
companies which are sold to investors through equity
crowdfunding platforms. Stock exchanges list shares of common equity as
well as other security types, e.g. corporate bonds and convertible bonds