Nitesh (name changed), a government employee, started investing in Mutual Fund (MF) about 6 years back with a long-term objective of purchasing a house before his retirement after about 20 years. However, after his marriage, his wife insisted that they should have their own accommodation early. With quite a high deduction of House Rent Allowance (HRA) from his salary for staying in government quarter, Nitesh also changed his preference and booked a flat without waiting for retirement.
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