FINANCIAL PLAN OF MR.

ASHWIN AGARWAL

FINANCIAL PLANNER: Mr. Pralay Kumar Das

DATE: 02/04/2012

RPST FINANCIAL CO. 314/E GANDHI MARG, VADODARA, GUJRAT-390001

LETTER OF ENGAGEMENT FOR MR .ASHWIN AGARWAL

Mr.Ashwin Agarwal 16/B, Vadodara, Gujrat, Postal Code:390001 Dear Mr. Agarwal; I would like to take this opportunity to thank you for choosing RPST Financial Co and their financial planning team. As we discussed at yesterdays meeting, this letter will detail the terms of our financial planning service and relationship between yourself and RPST Financial Co Please be assured that your personal information will be kept confidential within the financial planning group of RPST Financial Co., which includes me, Mr. Dhar, CFP, Mr. Das, CFP, and Ms. Ganguly, CFP. In keeping with our compliance and regulatory policies, client files may also be reviewed by Financial Cos supervisory and compliance departments. Our financial planning service will: - discuss your current and long term planning goals and objectives; - determine your current financial position; - review asset allocation and investment holdings; - identify future sources of retirement income; - prepare retirement projections using a 26 years time frame. Our written financial report will detail all of the financial analysis, recommend appropriate investments and strategies for consideration, and set out the assumptions used in the retirement projections. Once the report has been presented and discussed, we will set up an action plan to implement the planning recommendations that you want to do. Our professional relationship is an ongoing one, with scheduled reviews to monitor the plans progress. The charge for this service is a flat fee of Rs.30,000, payable in 3 installments: Rs10,000, due with acceptance of these terms, Rs.10,000 due with the presentation of the report, and the final payment of Rs.10,000 due with the set up of the action plan. In addition to this flat fee, RPST Financial Co. is paid a commission on the placement of financial products. As an employee of RPST Financial Co., I am paid a salary plus bonus. The bonus payment is based upon my placement of RPST Financial Co. products, which include investments, credit facilities, and insurance. In order for us to provide a quality service, we need you to provide full and accurate disclosure of all relevant information and documents in a timely manner. You will also need to advise us of any material changes that would impact financial planning decisions or strategies in place. Yours truly, Mr. Das, CFP RPST Financial Co., Financial Planning Group I have read, understood and accept the terms outlined in this engagement letter.
Ashwin Agarwal 02/04/2012

_____________________ Mr. Ashwin Agarwal

___________________ Date

PERSONAL INFORMATION
INDIVIDUAL 1 NAME BIRTHDAY AGE RETIREMENT AGE PAN NO BLOOD GROUP PASSPORT NO VOTER ID NO DRIVING LIC NO ADDRESS Mr. Ashwin Agarwal 23/01/1978 34 years 60 years AZOPD8133K A(-) N.A UYN0284372 N.A CURRENT 16/B,Atmaram Marg, Vadodara, Gujrat-390001 OCCUPATION EMPLOYER EMPLOYER ADD: Engineer Reliance Petrochem Ltd 16/A,Industrial Area Phase (ii), Gujrat-390001 Bank Manager Axix Bank 234/C,Gandhi Marg Vadodara, Gujrat-390001 Do INDIVIDUAL 2 Mrs. Sumedha Agarwal 10/1/1981 31 years N.A AZOPD8711K O(+) N.A UYN0389873 N.A PERMANENT

FAMILY MEMBERS NAME Prateek Aslia Mr. S.Agarwal Mrs. L.Agarwal RELATIONSHIP Son Daughter Father Mother AGE(YEARS) DEPENDENT 4 Yes 1 Yes 56 Yes 55 Yes

Declaration

I hereby declare that any information supplied in this questionnaire is correct and I understand that this information will be used towards creating my financial plan. I indemnify the company from any liability that may arise from this information being incorrect, or my failure to implement any recommendations, which are made from this information. I understand that it is my responsibility to choose to or not to implement any recommendations made as a result of this plan, or to formally engage the company to implement these recommendations for me. I understand that any financial planning advice will only remain valid while my situation does not change or while I am progressing on a recommended course of action. I agree to a charge of Rs.30,000 for the preparation of a financial plan by RPST Financial Co. for my given situation and objectives.

Signed: Ashwin Agarwal Date: 02/04/2012

The statutory environment in this country may change from time to time therefore it is important that a client should review any financial planning recommendations made to ensure that these remain valid. A client should also review their plans from time to time to ensure that their objectives or situation have not changed dramatically necessitating an alteration of their plans.

Net Worth Statement:

(As on 2nd April, 2012)

Current Liabilities:
Home Loan Car

Amount:
1297000 293000

Current Asset:
Gold Ornament PPF Car Equity Insurance Balanced

Amount:
6,50,000 2,90,000 3,50,000 3,04,,200 15,000 3,28,000 173000 250000 316000 75000

Debt Mutual Fund Fixed Deposit Portfolio Equity Cash /Bank balance

Total=

1590000

Total=

27,51,200

Net Worth= (2751200-1590000)=11,61,200

Pre Plan Cash flow statement

(Mr. & Mrs. Agarwal)
Monthly Yearly

Taxable Income

158910

1906920

Less: Tax Net CashInflow (A)

15,082 143,828 180984 1725936

Household Expenses Parents' Support Insurance EMI of House loan EMI of Car loan
(5184+84)

40,000 10,000 5,268 15,759 11,685

480000 120000 63216 189108 140220

Net Cash Outflow (B)

82,712

992544

Surplus (A-B)

61,116

733392

INSURANCE NEEDED
Insurance Medical Insurance(Floater) Term (life) Insurance House Insurance Car Insurance Name Of The Company Amount Sum Assured Payment Mode (Rs.) (Rs.) 20,950 14,550 28,000 84 Yearly Yearly Single Monthly 20,00,000 1,50,00,000 20,00,000 3,50,000

AEGON RELIGARE AEGON RELIGARE SUNDARAM NATIONAL INSURANCE

Goals:
Goals Date 2-Apr-26 2-Apr-27 2-Apr-28 2-Apr-29 2-Apr-30 2-Apr-31 2-Apr-32 2-Apr-33 2-Apr-38 2-Apr-35 2-Apr-36 2-Apr-22 2-Apr-23 2-Apr-24 2-Apr-25 2-Apr-26 2-Apr-27 2-Apr-28 Amount 825733 591775 636160 1709676 1470321 790297 849570 913287 82500000 7915638 8509311 80000 84000 88200 92610 97240.5 102102.525 107207.6513

Education Expenses

Retirement Marriage Expenses

Travelling Expenses

2-Apr-29 2-Apr-30 2-Apr-31 2-Apr-32 2-Apr-33 2-Apr-34 2-Apr-35 2-Apr-36 2-Apr-37 2-Apr-38 4/2/2039 to 4/2/2068

112568.0338 118196.4355 124106.2573 130311.5701 136827.1486 143668.5061 150851.9314 158394.528 166314.2544 174629.9671

174629.9671

1. EDUCATION EXPENSES:

2/4/12

2/4/26

2/4/27

2/4/28

2/4/29

2/4/30

2/4/31

2/4/32 2/4/3 3

82573 3

59177 5

63616 0

1709676

1470321

79029 7

84957 0

91328 7

2. MARRIAGE EXPENSES:

2/4/12

2/4/35

2/4/36

7915638

8509311

3. RETIREMENT GOALS:

2/4/12

2/4/38

82500000

4. VACATION EXPENSES:
2/4/28 2/4/29 2/4/27 2/4/26 2/4/25 2/4/24 2/4/23 2/4/22 2/4/12 2/4/30 2/4/31 2/4/33 2/4/34 2/4/35 2/4/36 2/4/37 2/4/38 2/4/32

88200
80000

112568 118196 124106

143668 166314

92610
97240 102102 84000 107207

13031

150851 174629

1
136827

158394

ASSET ALLOCATION: BEFORE RETIREMENT

Date 2-Mar-13 2-Mar-14 2-Mar-15 2-Mar-16 2-Mar-17 2-Mar-18 2-Mar-19 2-Mar-20 2-Mar-21 2-Mar-22 2-Mar-23 2-Mar-24 2-Mar-25 2-Mar-26 2-Mar-27 2-Mar-28 2-Mar-29 2-Mar-30 2-Mar-31 2-Mar-32 2-Mar-33 Total Expense 1028544 1105144.8 1187458.26 1318787.462 1416410.224 1521277.516 1633928.046 1754940.648 1884937.276 2024586.216 2666811.545 2862888.295 3073454.755 3299585.689 4286776.261 4308744.605 4628055.621 5899971.991 5972074.99 5626727.628 6045630.269 Net Worth 730125.4087 1609778.794 2661626.562 3866472.758 5290928.683 6966984.804 8930820.794 11223320.83 13890649.72 16984896.89 20025739.35 23523966.2 27541497.38 32148084.44 36603138.65 41990065.97 48029907.63 53773703.56 60542078.85 68934440.96 78321001.65

80000000

70000000

60000000

50000000

40000000

Total Expense Net Worth

30000000

20000000

10000000

ASSET ALLOCATION: 5YEARS BEFORE RETIREMENT

Date 2-Mar-34 2-Mar-35 2-Mar-36 2-Mar-37 2-Mar-38 Total Expense 6495794 5997774.346 14359653.71 15432856.59 7438851.645 Net Worth 87310120.28 98084629.08 101257397.6 104059361.7 116274430.5

120000000

100000000

80000000

60000000

Series1 Series2

40000000

20000000

0 1-Jan-34 1-Jan-35 1-Jan-36 1-Jan-37 1-Jan-38

ASSET ALLOCATION: AFTER RETIREMENT

Date 2-Mar-39 2-Mar-40 2-Mar-41 2-Mar-42 2-Mar-43 2-Mar-44 2-Mar-45 2-Mar-46 2-Mar-47 2-Mar-48 2-Mar-49 2-Mar-50 2-Mar-51 2-Mar-52 2-Mar-53 2-Mar-54 2-Mar-55 2-Mar-56 2-Mar-57 2-Mar-58 2-Mar-59 2-Mar-60 2-Mar-61 2-Mar-62 2-Mar-63 2-Mar-64 2-Mar-65 2-Mar-66 2-Mar-67 2-Mar-68 Total Expenses 6530143.879 6847919.575 7181584.055 7531931.76 7899796.849 8286055.193 8691626.455 9117476.279 9564618.595 10034118.03 10527092.43 11044715.55 11588219.83 12158899.32 12758112.79 13387286.93 14047919.78 14741584.27 15469931.99 16234697.09 17037700.45 17880853.97 18766165.17 19695741.93 20671797.53 21696655.91 22772757.2 23902663.56 25089065.24 26334787.01 Net Worth 120624227.3 124031149.8 127388717.8 130675281.4 133866433.5 136934725.3 139849355.9 142575831.1 145075591.3 147305603.5 149217915.8 150759169.3 151870065.4 152484783.2 152530342.3 151925907.6 150582029.2 148399812.3 145270010.7 141072037.6 135672884.8 128925944 120669719.6 110726425 98900450.28 84976691.09 68718725.98 49866828.22 28135797.88 3212597.952

100000000

120000000

140000000

160000000

20000000

40000000

60000000

80000000

0 1-Jan-39 1-Jan-41 1-Jan-43 1-Jan-45

1-Jan-47
1-Jan-49 1-Jan-51 1-Jan-53 1-Jan-55 1-Jan-57 1-Jan-59 1-Jan-61 1-Jan-63 1-Jan-65 1-Jan-67

Net Worth

Total Expenses

Estate Planning

Mr.Agarwal has been advised to make necessary nominations where required and also make a will and get it registered.

Review and Monitoring

This financial plan will be reviewed after 6 months, and necessary changes will be advised to be made. The plan has been formed taking into consideration the present economic conditions.

Assumption 1. We Are Not Taking House As An Asset As Client Is Using It 2. 60% Value Of Equity Mutual Fund Scheme Has Been Taken 3. 50% Value Of Portfolio Of Equity Has Been Taken 4. Surrender Value Of Current Monetary Back Policy Has Been Taken As A Current Asset 5. Portfolio Is Invested At 8.5% Interest Rate. But 5 Years Before Retirement It Is Shifted To A Risk Free Rate Of 7% P.A. 6. Income Is Increased By 8.5%, But 10 Years Before Retirement It Is Increased By 7% & Before 5 Years By 5% 7. Pre-Retirement Inflation Has Been Taken As 7.5% And At Post-Retirement It Is 5% 8. We Are Supposing Our Client Can't Afford A Holiday Of 2lakh, 10 Years From Now, So We Are Recommending A Holiday Of 80,000 From 2/4/22 Growing At 5% P.A. This Will Ensure That He Can Plan A Holiday Even In His Post-Retirement Years 9. Surrender Value of Child Policy Has Been Taken To Be Nil As It Is Taken 1 Year Ago. 10. After 02/04/38 to 02/04/68 we assume that the expenses for vacation is constant i.e Rs. 174629

Recommendation Yes 1. Make A Will For Your Estate As Soon As Possible 2. Discontinue With The Existing Insurance Plans No

3. Take A Term Insurance Within 3 Months 4. Take A Medical Insurance Floater Policy Within 3 Months 5. Take A House Insurance Within 6 Months 6. Balanced Asset Allocation Has Been Done

Kindly Bring The Previous Plan Along Visit.