Checklist - Next Steps

1. Take a risk profile test and document your result.
2. Set 3 financial goals with timelines (short, medium, long).
3. Build or top-up an emergency fund (3-6 months expenses).
4. Start SIPs in diversified equity funds for goals over 5 years.
5. Allocate conservative portion to debt funds / small savings for short goals.
6. Buy appropriate health insurance covering family hospitalization needs.
7. Buy a term insurance policy to cover income replacement for dependents.
8. Review asset allocation and fund performance every 12 months or after major life events.
9. Keep KYC, PAN and bank details updated across folios and RTAs.
10. Document beneficiaries and nominations on all policies and folios.

Ritesh Sheth | myfundguide.com | WhatsApp +91 85919 64099