success stories

Life Stage Events like marriage, planning a child, or divorce are important points in life to revisit financial plans.

When Arif shared the news with Avdesh that he will become a father, both were overjoyed and Avdesh advised to relook at Arif’s financial plan.

During the consultation, Avdesh made him aware that he needs to save more money in order to fulfil all his goals but doing this was as difficult as reducing Arif’s current expenses.

Arif was advised that he needed to find a better-paying job if he wanted to avoid getting into a situation to borrow money later on and take on debt. Arif understood the seriousness of the situation, he didn’t want to get into a debt trap nor wanted to compromise on his financial plan.

Within 30 days, he managed to get a new job that took care of his future expenses and kept him on track to this financial growth plan. Not only did he feel financially confident, but Arif was happy that he did not deviate from his financial plan.

Self-funding a marriage is a goal, every millennial now aspires for. Yes, if you start early, this possibility can become a reality.

In 2019, when we first met Jonathan Joe Pereira, he shared his desire to fund his own marriage and that he didn’t want to burden his parents. Also when we first started working together, he had credit card debts to be paid off, we mapped in a plan.

We started with a focus to reduce the debt to zero and simultaneously started with INR 2000/- per month in SIP. Gradually as the debt was being paid off, we continued to increase the monthly savings. With the right allocation to the portfolio, we increased his return on investment to a substantial amount.

In three years’ time, his portfolio served as a strong financial support that took care of his marriage expenses. Yes, at AMC, dreams do come true.

Rohit Vermani is one of our first clients in 2018 and he did put us in a very precarious position as he asked us to prepare a roadmap with two destinations, one located in the extreme south and the other in the north.

He told us that he has applied for an Australian Visa which he should be getting in a year or two and if by any chance he decides not to go to Australia he would want to buy a luxury home in Bangalore.

Plan A needed liquidity and Plan 2 needed capital appreciation. We customised a folio that had more debt than equity in 2018 and hence we did not see a lot of appreciation in our portfolio.

But then came 2020, a blessing in disguise. Rohit dropped the idea of moving to Australia because of Covid. Now, we had the clarity that he is going to buy a home soon and the stock market was down.

We decided to move money from debt to equity. We were able to make a healthy profit and we easily managed the money that we had as a down-payment for his dream home.

In 2022, Rohit moved to his dream home and is extremely happy with his beloved wife.

You can be excellent at your work, however, when life happens, things may go beyond your control and this is what happened with Mr. Ande Chandra Kiran.

In June 2020, when the social app, TikTok and 50 other apps were banned in India by the Modi Government, at that time, Mr. Ande was working with TikTok as a Senior Manager. TikTok in India decided to do a mass layoff and unfortunately, he was one of the best professionals at TikTok to have lost his job.

While most of his friends panicked and settled for whatever job they could get, Mr. Ande Chandra Kiran got a job with a higher salary package than before because he had a financial fall-back and negotiating power.

During his TikTok days, he had created a strong portfolio and even an emergency corpus with AMC. This booster fund was sufficient to last for more than 6 months of his expenses. Not just expenses, it gave him peace of mind and stability in his day-to-day activities. His lay-off actually turned to be a blessing in disguise.

In 2018, Gajraj met Avdesh accidentally at his office. Avdesh had come to meet one of his colleagues for consultation.

In the client’s words, “During the conversation, I found him very rational on different investment options along with his skills in communicating the right message. Then and there itself, I decided that I would like to make some investment based on Avdesh’s advice”.

Gajraj Singh moved to the UAE in 2019 along with his family, which included his two sons. He came back to India in 2020, as he found a better opportunity in India. During this time, things got a little tough as he had to make payment for a luxury flat that he booked in Gurgaon, and at the same time, he a had to make a huge donation to his son’s school.

AMC was able to help him sail smoothly because of the right asset allocation in mutual funds for both his property in Gurgaon as well as his son’s school donation. We had enough money to liquidate without losing a nickel, though stock markets were bleeding back then.

Timely investment and the right allocation of funds will bring you the financial certainty that you desire.