User Account

All Pages

Design the optimum portfolio for Mr Gaurav

Assignment Help Accounting Basics
Reference no: EM132609795

Question - You are an investment advisor and working in an investment firm. One customer Mr. Gaurav approaches you and wants some advice in investment related matters.

Mr. Gaurav is currently 30 years old and his wife is 28 years old. He is having a daughter of 2 years. Mr. Gaurav is working in MNC and earns Rs. 60,000 per month. His wife is also earning Rs. 45,000 per month. They are having a joint bank account in ICICI Bank and having Rs. 10,00,000 in their bank account. The income of both would grow @ 10% per annum.

Mr. Gaurav wants to invest the funds in an optimum portfolio which meets out their objectives. They want that their money should be invested in safe, liquid, tax saving and high return generated securities.

Mr. Gaurav wants to work till the age of 60 years and his wife planned to work till 50 years of age. They usually save around 60% of their regular income. They want to send their daughter to abroad for higher studies after 15 years which requires around Rs. 50,00,000. They have also planned the marriage of their daughter when she will attain the age of 25 years, and would require around Rs. 1,00,00,000.

Design the optimum portfolio for Mr. Gaurav and his wife and suggest them to invest in various investment avenues, so that they can utilise the funds efficiently and secure their retirement age.

Reference no: EM132609795

Questions Cloud

What is the portfolio weight of stock A : The portfolio has an expected return of 8.8%. Stock A has an expected return of 16% while stock B is expected to return 6%. What is portfolio weight of stock
Calculate the number of units of each product : Calculate the number of units of each product that will need to be sold in order for Abilene to break even. What is their break-even point in sales dollars
NUM1102 Communication Skills for Nurses and Midwives : NUM1102 Communication Skills for Nurses and Midwives Assignment Help and Solution, Edith Cowan University - Assessment Writing Service
Why are black women three to four times more likely to die : Why are Black women three to four times more likely to die from pregnancy-related causes than their white counterparts? Why is the mental illness rate
Design the optimum portfolio for Mr Gaurav : Design the optimum portfolio for Mr. Gaurav and his wife and suggest them to invest in various investment avenues
How race plays a role of healthcare in america : COVID-19 is bringing forth how many people do not have insurance. This article discussed how race plays a role of healthcare in America.
Emphasis on electronically stored information : What likely effect will its emphasis on electronically stored information (ESI) have on an organization's need for a digital forensic capability?
Journalize the admission of Day to the partnership : Day is admitted to the firm by purchasing one-half of Cox's interest for $13,000. Journalize the admission of Day to the partnership
Prepare the journal entry to record : Prior to the distribution of cash to the partners, the accounts in the NJF Company are: Cash $28,000, Prepare the journal entry to record

Reviews

Write a Review

Accounting Basics Questions & Answers

  Find an article of pertinence to either current tax issues

Find an article of pertinence to either current tax issues, policies, or laws, and post a link to that article in a discussion thread. Summarize the article you chose to begin the discussion.

  Solving case of-the russell company

Scrap, job costing. The Russell Company has an extensive job-costing facility that uses a variety of metals. Consider each requirement independently.

  Prepare a process cost report for april.2

The beginning work in process inventory for April was 80 percent complete for conversion costs, and ending work in process inventory was 20 percent complete. The ending work in process inventory for May was 30 percent complete for conversion costs..

  How each asset should be treated in financial statements

Assuming that the company does not use the revaluation model, explain how each asset should be treated in the company's financial statements

  Determine the economic order quantity

Determine the economic order quantity. The cost of carrying sofas is $1 per month per sofa. It costs $37.50 to prepare and receive an order.

  Determine the amount of the estimated average income for a

determine the amount of the estimated average income for a proposed investment of 62158.00 in a fixed asset giving

  Type of analysis that is often performed by companies

One type of analysis that is often performed by companies, but is not covered in the text is a trend analysis. Using the data obtained from a vertical analysis a company will identify an area of concern.

  Estimate product cost for a new line of shoes

Both managerial accounting and financial accounting provide useful information to decision makers. Indicate in the following chart the most likely source.

  What is Adams taxable benefit on the above load

Adam started a job at STD Sales. On Feb 1 2019. He had lived in an apartment until May 2019, What is Adams taxable benefit on the above load for 2019

  Determine the categories of plant assets

Determine the categories of plant assets. (hint: refer to the footnotes) What percent of stockholders' equity is represented by retained earnings

  What standard of customer service the Banquets Chef expect

You consider the Banquets Chef to be one of your customers. What standard of customer service would the Banquets Chef expect

  Explain what the impact on net income would be and what are

song a division of carolina enterprises currently makes 100000 units of a part that could be purchased from an outsider

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd