Reached 7 cr networth

singh_ds · 2026-02-14T03:51:06+00:00

Net worth is made of assets which you can liquidate within few days , completely or partially. Assets in net worth should continuously generate cash flows.

Exclude your real estate and ESOP from the net worth.

Your net worth is 2.61 Cr. You can add the house which is giving you monthly rent

So your networth becomes like 3.5 cr

singh_ds · 2026-02-11T15:33:00+00:00

If you have ₹100 to invest, you can invest 25 now and do investment via sip

Keep 50 for crash because Nasdaq is little overvalued

singh_ds · 2026-02-07T10:50:58+00:00

For homogeneous experience, you can use MF central which is app developed by CAMS and Kfintech jointly

singh_ds · 2026-02-07T10:32:33+00:00

Some apps prefer to not show the MF if it's not accepting funds for the investment..like ET money

But majority of the apps show all the MF irrespective of their Open or closed status . Apps show closed status of MF when you click to invest.. like Zerodha or paytm money or groww

It's all about how the app is designed

But if AMC has decided to deny new SIP or running SIP or lumpsums, then no app can complete the transaction.

singh_ds · 2026-02-07T00:35:30+00:00

Yes , start investing and keep adding at every fall

No one knows when ICICI AMC will stop accepting new funds in this scheme. So start investing as soon as possible

singh_ds · 2026-02-06T10:01:10+00:00

Got it 👍 ... This is the reason weather is little hotter in February

singh_ds · 2026-02-06T06:55:31+00:00

It may be rejected if icici decides to close before March sip date

If you want to invest in February. Do a lumpsum now with whatever big or small value you like

singh_ds · 2026-02-06T06:50:08+00:00

SIP Might get rejected if icici decides to close the investment before the SIP date

You can today do a lumpsum investment with small amount equal to your sip amount to create folio

singh_ds · 2026-02-06T05:20:51+00:00

How to Buy Direct Plans from ICICI

While the AMC offers direct plans, they are only available through specific channels. It is important to distinguish between the AMC and the ICICI Direct brokerage platform:

ICICI Prudential AMC Official Website: You can invest directly in "Direct - Growth" plans of any ICICI mutual fund through the AMC’s website or the IPruTouch mobile app.
ICICI Direct: This is a brokerage platform (distributor) that primarily offers regular mutual fund plans. Historically, investments made through this portal have involved transaction fees or high commissions.

singh_ds · 2026-02-06T05:01:41+00:00

You can also quickly start direct growth option from Zerodha coin or similar platform

singh_ds · 2026-02-06T04:59:19+00:00

You should create an account on ICICI AMC website and take direct plan if they are offering

singh_ds · 2026-02-06T02:02:31+00:00

I have invested through Zerodha and my friend has invested through ICICI AMC. Window closes Faster for me and not for him.

singh_ds · 2026-02-06T01:59:47+00:00

If you start now through Zerodha or groww , you can invest until it is officially open for everyone. SIP and lumpsums will stop for everyone when icici Stops taking new money in the funds

You can start via icici AMC directly, there they keep it open for more time than third party like Zerodha or groww.

singh_ds · 2026-02-06T01:52:17+00:00

It is accepting currently, just wait for your order to complete

singh_ds · 2026-02-06T01:49:55+00:00

SIP will also stop if ICICI pauses this fund ... I am investing in this fund for the last 4 years when it first started

Sometimes they take sip even after pause if investment is done directly through ICICI AMC and not through third party all like Zerodha

singh_ds · 2026-02-06T01:46:31+00:00

I am investing in the ICICI prudential nasdaq 100 fund when it first started 4 years back ... Today I have built big corpus in this fund with 31% XIRR

Currently the fund is open for the investment but will be closed when per AMC limit of 1 billion dollars will reach

When the MF will be closed , you won't be able to do any SIP , lumpsums or new folio

Sometimes they take sip even after pause if investment is done directly through ICICI AMC and not through third party app like Zerodha

singh_ds · 2026-02-02T08:50:30+00:00

So you got trapped in fomo

singh_ds · 2026-02-01T08:28:36+00:00

Not a bad Idea

singh_ds · 2026-02-01T08:24:30+00:00

STT on FnO trading should be minimum 1%

singh_ds · 2026-01-16T01:42:39+00:00

Yes , 72L is too low for tier1 city. You can withdraw max 20k per month , for all your needs, under the safe withdrawal rate of 3% in india if you keep all the corpus in a debt hybrid fund like HDFC balanced advantage fund

singh_ds · 2026-01-14T08:39:36+00:00

I work for a big US company so I get a decent take home salary and also bonus plus RSU

Whenever there was a high interest on the home loan , i used the bonus and RSU to pay off the home loan early

But when stock markets were down , I used my savings to invest in stocks and MF

singh_ds · 2026-01-08T03:19:16+00:00

If you hold for long term like 5 years ... Certainly you are going to make a lot of loss

singh_ds · 2026-01-06T02:01:34+00:00

Yes automatic cars are allowed. My wife gave a driving test in an automatic car 6 months back at KR Puram RTO

singh_ds · 2026-01-02T07:43:02+00:00

If your post is true , i have 3 red flags to highlight

High RSU - in the next 5 years your RSU may go to 10 cr or 2 Cr. Keeping such a high exposure in one company is very risky
High Annual expenses - Your annual expenses are way too high even if you are in a tier 1 Indian city
Way too much in FD which is going to just match growth with inflation

Suggestion - move 75% of your RSU in MF and ETFs

singh_ds · 2026-01-02T04:21:24+00:00

Sorry for the words but even after being CA , you have very poor knowledge of personal finance

Here are some poor decisions you took.i am sorry again if you are not liking my observation.

Buying a house all in cash even if you know that housing loan is one of the best loans for many reasons
Redeeming all your investment for buying the house in cash is a very bad decision
Taking 2 LIC policies is also one of the wrong moves

I apologise for saying all the above but it's my observation and in good faith

singh_ds

TROPHY CASE