How this Mumbai couple got into goal-linked investments
- Their investment portfolio initially consisted of illiquid assets, not aligned to financial goals.
Most Indian families have illiquid investments, particularly in real estate and traditional insurance policies. Kiran Jawle (41) and Deepti Joshi (39), a Mumbai-based working couple, were no different. They had allocated a sizeable portion of their net worth to real estate and invested in several Unit Linked Insurance Plan (Ulips) that later underperformed.