Everyone has known financial commitments arising in the future. A daughter's marriage, child's education, purchase of household assets, investment in real estate and gold, the list could be endless. How do you intelligently plan for these investments well in advance?

For example, you are planning to purchase one house after 5 year and you are expecting it to cost you around Rs 10,00,000 at that time. You have present investment of Rs 50,000 and expected rate of return is 10%. Then you have to start investing Rs 11,776 per month or Rs 1,36,916 annually for the next 5 years to buy that house.* figures in Rs