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Kotak e-Term Plan

Kotak e-Term Plan provides a high level of protection to your loved ones in your absence. Know more

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Kotak Guaranteed Savings Plan is a savings and protection plan that helps you achieve long-term financial goals and provides an insurance cover against any eventuality. Know more

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Kotak Health Shield Plan helps secure your finances in sudden medical expenses such as Cardiac, Liver, Neuro, and Cancer (all early and significant illness stages/conditions of cancer), along with offering protection for personal accidents - in case of accidental death or disability. Know more

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Kotak Lifetime Income Plan gives you the security of your income continuing throughout your life and in your absence throughout your spouse's lifetime! Know more

A Step-by-Step Guide: How To Make An Investment Plan?

A Step-by-Step Guide: How To Make An Investment Plan?
  • 15th Feb 2022 |
  • 907

Designing the best investment plan takes more than just opening a savings account, purchasing a few stocks, or investing commonly sought-after financial instruments like mutual funds. To create a suitable investment plan, it’s critical to understand where you are now, what your current financial condition is, what your future ambitions are, and what you want to achieve with your investments. To determine your best asset allocation, you must specify your needs and how much risk you’re ready to take. Of course, it is extremely prudent to plan ahead of time before investing your hard-earned money. Though it is best to start early, you may still establish and implement a personal investment strategy and begin building a future nest egg if you are in your late 40s or 50s.

Regardless of the phase of life you are enjoying, this well-formulated, step-by-step investment planning guide can aid you in making the most of your money.

Step 1: Examine your current financial circumstances.

At first, figure out where you are financially right now. You must understand the amount you need to invest. One way to achieve this is by making a budget to examine your disposable income after expenses and emergency reserves. It’s also crucial to examine how liquid or accessible your investments must be. For instance, if you need to cash out instantly, you should consider liquid assets, such as stocks, instead of real estate.

A complete, step-by-step guide on making a long-lasting investment plan

Step 2: Define your financial objectives

The next stage is to establish your financial goals. Why do you need this investment? What do you aim to achieve with it? The answer can range from purchasing a car in a few years to retiring comfortably in a few years. Your objectives can be categorized into safety, income, and growth. When you want to maintain your present level of wealth, income is what you want from your assets, and growth is what you want from your investments if you want to develop wealth over time. Based on which categories your goals fit into, you may decide the ideal investing strategy for you.

Step 3: Determine your risk tolerance.

The next step is determining how much risk you are ready to accept. Because your portfolio has time to recover from any losses, the younger you are, the more risk you may take. Since riskier investments offer the potential for huge gains and significant losses if you intend to create money over time, opt for a safer option.

Step 4: Decide on where you want to invest.

The list of investment plans in India is endless. Your budget, goals, and risk tolerance play a role in determining the best investment plan with high returns. Ensure to diversify your portfolio regardless of the plan you decide to invest in. This is because you don’t want to invest all of your money in stocks and risk losing it all if, for example, the stock market crashes. To maximize your growth and stability, allocate your funds to a few different investment kinds that align with your goals and risk tolerance.

It may be necessary to seek a financial counsellor’s advice once you reach this point in the procedure. Based on your existing financial status and goals, an advisor can assist you in determining the best methods to invest your money.

Step 5: Keep an eye on your investments and rebalance them if necessary.

It’s not good to leave your investments alone once you’ve made them. Instead, you should check in on your investments now and again to see how they’re doing and whether you need to adjust. Once you’ve determined that your investment strategy is sound, you should consider rebalancing your portfolio. This entails restoring your portfolio’s asset allocation to its original state. For example, consider when your stock investments outperformed the rest of your portfolio. To maintain your optimal asset allocation, it may be necessary to sell some of your stocks and shift the proceeds to other investment kinds.

If this is your first time formulating the best investment plan, don’t worry about gaining experience; instead, concentrate on learning about the various investments. You should also think about all possible investment plans with which you could put your money to the best use. Then, understand your needs and invest in a plan that best suits your plans and financial goals.

Kotak e-Term Plan


  • Nominal Cost
  • Multiple Plan Options
  • Flexible Payout Options
  • Critical Illness Rider
  • Tax Savings
  • Long term Coverage

Ref. No. KLI/22-23/E-BB/492


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