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R P

R P Yadav  | Answer  |Ask -

HR, Workspace Expert - Answered on Apr 22, 2024

R P Yadav is the founder, chairman and managing director of Genius Consultants Limited, a 30-year-old human resources solutions company.
Over the years, he has been the recipient of numerous awards including the Lifetime Achievement Award from World HR Congress and HR Person Of The Year from Public Relations Council of India.
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Asked by Anonymous - Apr 18, 2024English
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बीमा सलाहकार के रूप में वेतन कितना होगा?

Ans: नमस्ते,
आमतौर पर बीमा सलाहकार कमीशन पर काम करते हैं। बहुत कम कंपनियाँ हैं जो कमीशन के साथ-साथ कुछ वेतन भी देती हैं। हालाँकि, कमीशन की राशि हमेशा ज़्यादा होती है।
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आप नीचे ऐसेही प्रश्न और उत्तर देखना पसंद कर सकते हैं

Sanjib

Sanjib Jha  |66 Answers  |Ask -

Insurance Expert - Answered on Apr 13, 2023

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मैं 58 साल का हूं, मैं इस महीने के अंत में सेवानिवृत्त होने जा रहा हूं, मेरा वेतन 40 हजार है और एसआईपी नियमित विकास और एलआईसी, मेडिक्लेम पॉलिसी व्यक्तिगत रूप से कंपनी द्वारा प्रदान की गई अवधि के अलावा लगभग 25 हजार बचाने का प्रबंधन करता हूं, आगे की अवधि के लिए टर्म इंश्योरेंस कंपनी में शामिल होना चाहता हूं। मेरी बेटी अपना बी.कॉम फाइनल कर रही है, और बेटा 27 साल का यूएसए में काम करता है। कृपया मुझे सलाह दें
Ans: हाय पी, आप टर्म इंश्योरेंस पॉलिसियों का विकल्प चुन सकते हैं लेकिन आपकी उम्र को देखते हुए, इसके लिए प्रीमियम अधिक होगा। कुछ बीमा कंपनियों से जांच करें और फिर सर्वोत्तम योजना का निर्णय लें।

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Aashish

Aashish Sood  | Answer  |Ask -

CAT, Management Expert - Answered on Feb 28, 2024

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नमस्ते, ये विकल्प मुझे बीमा में अपना करियर बढ़ाने में कैसे मदद कर सकते हैं क्योंकि मैं बीमा पेशेवर हूं और मेरे पास 12 वर्षों का अनुभव है? कृप्या सहायता करे
Ans: कौन से विकल्प?

बीमा में करियर में प्रासंगिक शिक्षा प्राप्त करना, व्यावहारिक अनुभव प्राप्त करना, प्रमुख कौशल विकसित करना, नेटवर्किंग और लगातार उन्नति के अवसरों की तलाश करना शामिल है।

1. सुनिश्चित करें कि आपके पास आपकी रुचि के क्षेत्र के आधार पर चार्टर्ड प्रॉपर्टी कैजुअल्टी अंडरराइटर (सीपीसीयू), एसोसिएट इन रिस्क मैनेजमेंट (एआरएम), चार्टर्ड लाइफ अंडरराइटर (सीएलयू), या सर्टिफाइड इंश्योरेंस काउंसलर (सीआईसी) जैसे आवश्यक प्रमाणपत्र हैं। बीमा उद्योग।

2. अंडरराइटिंग, दावा प्रसंस्करण और जोखिम मूल्यांकन के लिए उपयोग किए जाने वाले उद्योग-विशिष्ट सॉफ़्टवेयर और टूल से खुद को परिचित करें।

3. इंश्योरेंस इंस्टीट्यूट ऑफ अमेरिका (आईआईए), प्रोफेशनल इंश्योरेंस एजेंट्स (पीआईए), या नेशनल एसोसिएशन ऑफ प्रोफेशनल सरप्लस लाइन्स ऑफिसेज (एनएपीएसएलओ) जैसे उद्योग संघों के सदस्य बनें।

4. नेतृत्व कौशल विकसित करें, अतिरिक्त जिम्मेदारियां लें और एक सक्रिय और सक्षम कर्मचारी के रूप में अपना मूल्य प्रदर्शित करें।

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Ramalingam

Ramalingam Kalirajan  |8585 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 18, 2024

Asked by Anonymous - Jul 04, 2024English
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नमस्ते, मैं एक 32 वर्षीय कंसल्टेंट हूँ जो ग्लोबल रिसर्च कंसल्टेंसी (WFH) के लिए काम करता हूँ और हर महीने 90k कमाता हूँ। वर्तमान में मैं म्यूचुअल फंड में 38K और अपनी शादी के लिए 20k अतिरिक्त निवेश कर रहा हूँ। मेरे पास स्वास्थ्य बीमा (20k प्रति वर्ष) है। अगले महीने से मैं अपनी SIP बढ़ाकर 50K कर दूँगा। कृपया कोई बेहतर तरीका सुझाएँ क्योंकि मेरी शादी जनवरी 2025 में होने वाली है और मैं जीवन बीमा के बारे में सोचना चाहता हूँ और अपनी पत्नी को भी अपने स्वास्थ्य बीमा में शामिल करना चाहता हूँ।
Ans: वर्तमान वित्तीय अवलोकन
आप 32 वर्ष के हैं और सलाहकार के रूप में प्रति माह 90,000 रुपये कमाते हैं। आपके वर्तमान निवेश इस प्रकार हैं:

म्यूचुअल फंड में प्रति माह 38,000 रुपये
विवाह के लिए प्रति माह 20,000 रुपये की बचत
स्वास्थ्य बीमा पर प्रति वर्ष 20,000 रुपये
अगले महीने से, आप अपनी SIP को बढ़ाकर 50,000 रुपये करने की योजना बना रहे हैं।

म्यूचुअल फंड निवेश
म्यूचुअल फंड में प्रति माह 50,000 रुपये निवेश करने की आपकी प्रतिबद्धता सराहनीय है। इष्टतम विकास सुनिश्चित करने के लिए यहां एक दृष्टिकोण दिया गया है:

विविधीकरण: सुनिश्चित करें कि आपके म्यूचुअल फंड लार्ज-कैप, मिड-कैप, स्मॉल-कैप और मल्टी-कैप फंड में विविधीकृत हैं।

नियमित निगरानी: अपने फंड के प्रदर्शन की तिमाही समीक्षा करें। प्रदर्शन और बाजार की स्थितियों के आधार पर, यदि आवश्यक हो तो अपने पोर्टफोलियो को समायोजित करें।

दीर्घकालिक फोकस: रिटर्न को अधिकतम करने के लिए दीर्घकालिक निवेश क्षितिज बनाए रखें। अल्पकालिक बाजार उतार-चढ़ाव के आधार पर बार-बार बदलाव करने से बचें।

शादी के लिए बचत
अपनी आने वाली शादी के लिए हर महीने 20,000 रुपये बचाना समझदारी भरा कदम है। इन बिंदुओं पर विचार करें:

उच्च-ब्याज बचत खाता: इस पैसे को उच्च-ब्याज बचत खाते या लिक्विड म्यूचुअल फंड में रखें। इससे सुरक्षा और तरलता सुनिश्चित होती है।

जोखिम भरे निवेश से बचें: चूंकि शादी नजदीक है, इसलिए जोखिम भरे निवेश से बचें। उच्च रिटर्न से ज्यादा सुरक्षा और तरलता को प्राथमिकता दें।

स्वास्थ्य बीमा
आपका मौजूदा स्वास्थ्य बीमा प्रीमियम 20,000 रुपये प्रति वर्ष है। जब आप शादी करेंगे, तो आपको अपने जीवनसाथी को इस योजना में शामिल करना होगा:

फैमिली फ्लोटर प्लान: फैमिली फ्लोटर स्वास्थ्य बीमा योजना में स्विच करने पर विचार करें। यह एक पॉलिसी के तहत आपके पूरे परिवार को कवरेज प्रदान करता है।

पर्याप्त कवरेज: सुनिश्चित करें कि बीमा राशि आपके और आपके जीवनसाथी दोनों को कवर करने के लिए पर्याप्त है। यदि आवश्यक हो तो उच्च कवरेज का विकल्प चुनें।

जीवन बीमा
अपने परिवार के वित्तीय भविष्य को सुरक्षित करने के लिए जीवन बीमा आवश्यक है। यहाँ कुछ सुझाव दिए गए हैं:

टर्म इंश्योरेंस: टर्म इंश्योरेंस प्लान चुनें। यह कम प्रीमियम पर उच्च बीमा राशि प्रदान करता है।

कवरेज राशि: सुनिश्चित करें कि कवरेज राशि आपकी वार्षिक आय का कम से कम 10-15 गुना हो। यह सुनिश्चित करता है कि किसी दुर्भाग्यपूर्ण घटना के मामले में आपका परिवार आर्थिक रूप से सुरक्षित है।

गंभीर बीमारी राइडर: अपनी पॉलिसी में गंभीर बीमारी राइडर जोड़ने पर विचार करें। यदि आपको गंभीर बीमारी का पता चलता है तो यह एकमुश्त राशि प्रदान करता है।

विवाह के बाद निवेश की रणनीति
विवाह के बाद, आपकी वित्तीय ज़िम्मेदारियाँ बढ़ जाएँगी। यहाँ एक संरचित योजना दी गई है:

आपातकालीन निधि: एक आपातकालीन निधि बनाए रखें जो 6-12 महीने के खर्चों को कवर करे। यह निधि आसानी से सुलभ होनी चाहिए।

सेवानिवृत्ति योजना: सेवानिवृत्ति के लिए जल्दी से योजना बनाना शुरू करें। पर्याप्त कोष बनाने के लिए इक्विटी और ऋण साधनों के मिश्रण में निवेश करें।

बाल शिक्षा निधि: यदि आप बच्चे पैदा करने की योजना बना रहे हैं, तो बाल शिक्षा निधि शुरू करें। यह सुनिश्चित करने के लिए व्यवस्थित रूप से निवेश करें कि आप भविष्य की शिक्षा के खर्चों को कवर कर सकें।

मुख्य सिफारिशें
निवेश बढ़ाएँ: अपनी SIP को योजना के अनुसार 50,000 रुपये तक बढ़ाएँ। अपने निवेश को विभिन्न प्रकार के म्यूचुअल फंड में विविधतापूर्ण बनाएं।

स्वास्थ्य बीमा: विवाह के बाद फैमिली फ्लोटर प्लान में स्विच करें। सुनिश्चित करें कि कवरेज राशि पर्याप्त है।

जीवन बीमा: पर्याप्त कवरेज वाली टर्म इंश्योरेंस योजना चुनें। गंभीर बीमारी राइडर जोड़ने पर विचार करें।

आपातकालीन निधि: अप्रत्याशित खर्चों के लिए आपातकालीन निधि बनाए रखें।

दीर्घकालिक लक्ष्य: सेवानिवृत्ति और भविष्य के बच्चे की शिक्षा के लिए व्यवस्थित रूप से योजना बनाएं।

अंतिम अंतर्दृष्टि
आपकी वर्तमान वित्तीय योजना ठोस है। कुछ समायोजन और रणनीतिक योजना के साथ, आप अपने वित्तीय भविष्य को सुरक्षित कर सकते हैं। अपने निवेश की नियमित समीक्षा करें और ट्रैक पर बने रहने के लिए आवश्यक समायोजन करें।

सादर,

के. रामलिंगम, एमबीए, सीएफपी,

मुख्य वित्तीय योजनाकार,

www.holisticinvestment.in

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Ramalingam

Ramalingam Kalirajan  |8585 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jan 31, 2025

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धन्यवाद अन्य उल्लेख 1 करोड़ का टर्म इंश्योरेंस और PSB स्वास्थ्य कवर के साथ 10 लाख का जीवन बीमा है ऋण ओ/एस 3 लाख है
Ans: आपकी वित्तीय नींव मजबूत है।

बीमा: आपके पास पहले से ही 1 करोड़ रुपये का टर्म इंश्योरेंस और PSB स्वास्थ्य कवर है—यह अच्छी बात है।
ऋण चुकौती: 3 लाख रुपये का ऋण कोई बड़ा बोझ नहीं है। अगर ब्याज 9% से ज़्यादा है, तो इसे जल्दी से जल्दी चुका दें। अन्यथा, EMI जारी रखें और म्यूचुअल फंड में अतिरिक्त निवेश करें।
अगला कदम: इक्विटी म्यूचुअल फंड में SIP बढ़ाने पर ध्यान दें और अधिशेष को FD में लॉक करने से बचें।
अपने निवेश की सालाना समीक्षा करते रहें!

शुभकामनाएँ,

के. रामलिंगम, MBA, CFP

मुख्य वित्तीय योजनाकार

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

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नवीनतम प्रश्न
Ramalingam

Ramalingam Kalirajan  |8585 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 29, 2025

Money
Hi sir, I'm 30 years old (Single ) )with Monthly Salary of 67K, Currently I'm working in Private Sector Bank, i invested 5 lacs in shares, Monthly SIP 5K, 2 Lumpsum Investment, overall MF Value - 5 lacs, So My regular Monthly Commitment 20K ( Including Investment & Other Expenses). I don't have loan commitment. I'm residing in rented house, don't have any own property! Is that right time to go with Additional Investments or Buy Home loan sir!?
Ans: You are only 30 years old.

You are financially independent.

You have no loan burden.

You have started mutual fund SIPs.

You are thinking about long-term goals.

This is truly appreciated.

Now let’s do a full 360-degree review.

We will look at your finances from all sides.

Your Current Financial Strength

You earn Rs. 67,000 every month.

Your monthly commitments are Rs. 20,000 only.

You save around Rs. 47,000 monthly. That is really good.

You already invested Rs. 5 lakhs in shares and Rs. 5 lakhs in mutual funds.

You are single, so your expenses are flexible.

You live in a rented house and don’t have your own property.

You don’t have any loans. That gives you financial peace.

Your lifestyle is under control. You are not overspending.

Should You Go for Additional Investments?

Yes, you should increase your investments step-by-step.

You already invest Rs. 5,000 monthly. That is a good start.

You have a high savings surplus of Rs. 47,000 monthly.

Out of that, keep Rs. 15,000 in bank for regular monthly needs.

Keep Rs. 10,000 for any unplanned emergency situations.

You can invest the remaining Rs. 22,000 every month.

SIPs are the best tool for long-term wealth building.

Add more SIPs in actively managed funds with guidance of a Certified Financial Planner.

Don’t invest in direct mutual funds.

Direct funds don’t give personalised guidance or behavioural support.

Direct funds make you do all research, timing, and portfolio review.

Instead, use regular funds through an MFD with CFP advice.

You get periodic review, rebalancing, and emotional support during market falls.

With regular funds, you get guidance, not just execution.

Follow goal-based investing. Decide clear goals.

Retirement, emergency fund, and future home are good goals to begin with.

For retirement, you can begin with Rs. 10,000 monthly SIP.

For emergency fund, you can build Rs. 3-5 lakh corpus in liquid mutual fund.

For your dream home, you can begin a SIP in balanced advantage fund.

Always take help from a Certified Financial Planner to review all SIPs.

Should You Buy a House Now?

Buying a house is a big emotional decision.

But you must also check logic and numbers.

You are only 30 and single. No rush to buy house.

House loan needs down payment of Rs. 10-15 lakhs minimum.

Also, EMI will be around Rs. 35,000 to Rs. 45,000 monthly.

You will have very less surplus after EMI and rent.

You might lose freedom to save and invest for future.

Real estate also has maintenance, tax, and resale issues.

Avoid buying a house just because of peer pressure.

Instead, build strong financial base first.

Increase investments. Build emergency fund.

Create a 10-year mutual fund portfolio with proper asset mix.

After 5 years, check if you still want to buy.

At that time, use partial down payment from mutual funds.

Till then, stay in rent. It gives flexibility.

Keep investing and let your wealth grow in background.

How to Structure Your Money from Today

Keep Rs. 2 lakhs in a savings account for quick emergency use.

Build Rs. 3 lakhs in liquid mutual fund over next 12 months.

Add Rs. 22,000 extra SIP monthly, split between 3-4 good funds.

Choose multi asset, flexi cap, large-mid cap, and hybrid equity funds.

All funds must be regular plan through MFD guided by a CFP.

Avoid direct plans. They may reduce cost but increase your burden.

Direct plans don’t provide proper ongoing advice and support.

You may stop SIP during market fall due to panic without advisor support.

Regular plans offer a human voice during market panic.

They guide you to stay invested and rebalance your funds.

If you want to invest in stocks, limit to Rs. 1 lakh yearly.

Stocks carry higher risk. Mutual funds are more diversified.

Don’t rely only on stocks for future wealth.

Don’t use FDs for long term. Use only for short-term needs.

Interest from FDs is fully taxable. Post-tax return is very low.

Mutual funds offer better long-term tax efficiency.

Follow the new capital gains rules for mutual funds.

Equity mutual funds: LTCG above Rs. 1.25 lakh taxed at 12.5%.

STCG is taxed at 20%.

Debt mutual funds are taxed as per your income slab.

So better use equity-oriented funds for long-term investing.

Future Protection and Risk Planning

Check your health insurance cover. Get minimum Rs. 10 lakh individual cover.

If you don’t have employer health cover, buy one yourself.

Add Rs. 5 lakh top-up health policy.

This reduces hospital risk and protects your mutual funds.

You are single now. But buy term insurance of Rs. 1 crore.

Term plan premium is low if you buy early.

It protects your family or parents if anything happens to you.

Don’t buy ULIPs or endowment policies.

These mix insurance and investment. Returns are poor.

If you have any existing ULIPs or LIC policies, surrender and reinvest in mutual funds.

Don’t wait too long. Every delayed year reduces wealth power.

Tax Planning Suggestions

Use PPF to save tax under 80C. You can invest up to Rs. 1.5 lakh yearly.

Use ELSS funds to save tax and build long-term wealth.

ELSS has 3-year lock-in. Also, it gives equity returns.

Avoid using insurance policies for tax saving.

Don’t over-use FDs for tax saving. Interest is taxable.

Track your capital gains from mutual funds every year.

Use mutual fund statements to file accurate tax returns.

Consult a tax CA if capital gains go high in future.

Suggestions for Next Steps

Start by reviewing current funds with a Certified Financial Planner.

Increase SIP by Rs. 22,000 in multiple diversified categories.

Build emergency fund slowly in liquid mutual funds.

Avoid buying house till you are fully financially ready.

Don’t chase stocks too much. Limit equity trading.

Increase health and life insurance cover this year itself.

Plan all investments based on goals and timelines.

Avoid index funds. They copy market and give no edge.

Actively managed funds give you expert fund manager decisions.

They adjust strategy based on market trends and risks.

Don’t use direct funds. You will lose out on expert advice.

Take long-term view. Markets go up and down.

Stay consistent. Don’t react to market noise.

Review portfolio yearly with MFD guided by a CFP.

Final Insights

You are financially disciplined. That is your biggest strength.

You are already ahead of many others in savings and investments.

Don't rush into buying house. Invest and build base first.

Increase SIPs and diversify across equity mutual fund types.

Avoid ULIPs, direct plans, and index funds.

Follow guidance from Certified Financial Planner only.

Make financial discipline your habit for next 25 years.

Your future self will thank you for today’s right decisions.

Let your money grow with patience, clarity, and right structure.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

...Read more

Ramalingam

Ramalingam Kalirajan  |8585 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 29, 2025

Asked by Anonymous - May 22, 2025
Money
Hi sir, I am 30 years old, have 1 year old, have health insurance of 20 lacks and term insurance of 1 crore and home EMI of 30,000 per month, tenure left is 202 months, principal 33 lacks remaining, SIP of 21,000 per month - planning to increase it to 30,000 per month, home expenses currently are - 25,000 per month( me, wife, 1 kid), I stay in wagholi - sub urbs of Pune, currently making 1.27 lacks per month, mutual funds portfolio of 6.7 lacks investing since 2019 - my question is - 1. Should I prepayment my home loan faster and better debt free or use the prepayment annual amount in mutual fund lump sum ? 2. I am thinking when my principal amount of home loan reduces to 20 lacks from 33 lacks, then I am thinking of buying a second hand car or 5-6 lacks budget - what do you suggest here ?
Ans: You are just 30 years old. You have already taken steps in the right direction. Your protection planning is strong. Your SIP is consistent. You are also planning for the future. This mindset is very valuable.

Now let us evaluate your financial situation carefully from every angle.

Current Financial Picture – Strong and Promising
You are 30 years old, married, with one-year-old child.

Monthly income is Rs 1.27 lakhs. This gives decent monthly surplus.

SIP of Rs 21,000 already running. Planning to raise it to Rs 30,000 soon.

You have Rs 6.7 lakhs in mutual funds. Investing since 2019. Good commitment.

Health insurance of Rs 20 lakhs is in place. Very good step.

Term insurance of Rs 1 crore is active. Strong protection for family.

Home loan principal of Rs 33 lakhs remaining. EMI is Rs 30,000 per month.

Loan tenure left is 202 months. That is around 17 years.

Household monthly expenses are Rs 25,000. Good control over lifestyle.

Question 1: Prepay Home Loan or Invest in Mutual Fund?
Let us assess this question from multiple directions. This is a very common doubt. Your thinking here is mature.

Loan interest rate is likely between 8% to 9%.

Mutual funds give long-term returns of 12% to 14%. But not fixed.

Home loan interest is fixed cost. Mutual fund return is market-linked.

Loan gives tax benefit under Section 24. But real benefit is limited.

For your income level, net tax saving does not fully justify keeping full loan.

You are young. You have time on your side. You can take little more risk.

However, do not chase higher returns at the cost of mental peace.

If EMI is manageable and savings are growing, continue EMI as usual.

But you can do small annual part prepayment. This reduces interest burden.

Use bonuses or yearly hikes for small prepayments. Not full lump sum.

Avoid large part prepayments unless income becomes uncertain.

At this stage, compounding in mutual funds will benefit you more.

A 30-year-old with long SIPs gains more wealth than early loan closer.

Keep investing lump sum into mutual funds in a staggered way.

Do not invest lump sum all at once. Invest gradually over 3 to 6 months.

Always choose actively managed equity funds. They aim to beat index returns.

Index funds look easy but they can never outperform the market.

Don’t opt for direct funds. They miss expert guidance.

Regular funds through a Certified Financial Planner offer better support.

Suggested Approach for You
Raise SIP from Rs 21,000 to Rs 30,000 per month.

If you get bonus or hike, invest some in SIP top-up. Use some to prepay.

Target one small prepayment per year. Keep it flexible.

This keeps EMI same but cuts down years from the loan.

At same time, you grow your wealth through mutual funds.

This is balanced approach. No emotional stress. No wealth compromise.

Question 2: Buying a Second-Hand Car – Is It Wise?
You plan to buy a used car once loan balance becomes Rs 20 lakhs. Car budget is Rs 5 to 6 lakhs. Let us assess this decision.

This is a personal use decision. Not a financial investment.

If your existing cash flow permits, then it is reasonable.

Do not take car loan. Buy with savings or SIP maturity.

Avoid using mutual fund corpus built for long term.

If planning car in next 2 years, begin a separate short-term fund now.

Save Rs 10,000 monthly in ultra-short or low-duration fund.

By year two, you will have Rs 2.4 lakhs or more. Add bonus to reach Rs 6 lakhs.

Used car means lower depreciation. Better decision than new car.

Don’t break long-term SIPs for buying car. That hurts future goals.

Maintain Rs 2 to 3 lakhs as emergency fund after car purchase.

Planning for Child’s Future – Early Steps Needed
Your child is one year old. You have a good chance to build future corpus now.

Open a separate SIP for child’s education. Start small. Rs 5,000 to Rs 8,000 monthly.

Equity mutual funds can help with long-term compounding.

Start now. You get 15+ years for the goal.

Do not mix this with your retirement or other goals.

Make it a goal-based SIP. Review once a year.

Retirement Planning – Build It Parallelly
You are young now. But retirement planning should start today.

Beyond your home loan EMI and SIP, keep Rs 3,000 to Rs 5,000 monthly for retirement.

Don’t depend only on EPF or PPF.

Equity mutual funds build strong retirement wealth over 25+ years.

Keep this SIP separate. This builds financial freedom faster.

Insurance – You Are On the Right Path
You already have:

Health insurance of Rs 20 lakhs. Continue with it. Upgrade later if required.

Term insurance of Rs 1 crore. That covers basic needs. Reassess every 5 years.

Avoid ULIP or endowment policies. They give poor returns.

If you hold any LIC or investment-linked policy, surrender and move to mutual funds.

Emergency Fund – Protects You from Life Shocks
Keep minimum Rs 2 to 3 lakhs as cash or liquid fund.

Use this only for job loss or medical emergency.

Keep this separate from other savings.

This gives peace of mind when markets or jobs are uncertain.

Asset Allocation – Rebalance Regularly
Your current asset mix is mostly in mutual funds and home equity.

Gradually raise equity exposure with age-appropriate risk.

Avoid heavy FD or gold allocation. They don’t beat inflation.

Once loan is under control and income rises, diversify across equity and hybrid funds.

Review portfolio every year with Certified Financial Planner.

Final Insights
Continue home loan EMI as per schedule. Avoid large prepayments.

Increase SIP now to Rs 30,000. Later increase it yearly.

Invest bonus in combination of SIP top-up and small prepayment.

Don’t touch long-term mutual funds for car. Create separate short-term savings.

Buy car only when savings allow. Don’t go for car loan.

Start SIP for child’s education goal separately. Small amount is fine.

Begin retirement SIP now. Do not delay.

Stay away from direct funds. Regular plans via CFP give guidance and review.

Avoid index funds. They cannot outperform market. Active funds do better.

Keep Rs 3 lakhs in emergency fund. Protects from life surprises.

Review goals every year. Adjust based on salary or family needs.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

...Read more

Ramalingam

Ramalingam Kalirajan  |8585 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 29, 2025

Asked by Anonymous - May 22, 2025
Money
Hello sir M 38 years old. I hve outstanding home loan of 33 lakhs for 15 years rest all loans are settled. I hve 13L in ppf , 3L in gold bonds , 5L. In mutual funds, 20L in FD and around 20L in account. How should I plan my investment and should I prepay my home loan My monthly salary is average 2.5L
Ans: Your financial standing is strong. Let’s now structure a 360-degree investment and loan strategy.

Cash Flow Review and Surplus Allocation

You earn Rs. 2.5L per month. That’s quite healthy. Appreciate your discipline.

After expenses, check how much you save monthly. Let us call it your surplus.

Use this surplus to build future wealth and secure your financial goals.

From your assets and loan, I assume your monthly EMI could be around Rs. 30,000 to Rs. 35,000.

That leaves you with a lot of investable surplus. You must use this power well.

Home Loan Prepayment – Good or Delay?

You have Rs. 33L loan left for 15 years. That is long.

But interest paid in initial years is always higher than principal.

You also have Rs. 20L in bank and Rs. 20L in FD.

These are earning much lesser than what you're paying in loan interest.

If your home loan interest is above 8%, then prepayment is worth considering.

Still, don’t rush to close full loan. Keep some funds for emergencies and investments.

Ideal is to partly prepay now. Maybe Rs. 10L to Rs. 15L.

That will reduce interest burden and loan tenure both.

Continue regular EMIs. Use future bonuses or increments for further prepayment.

Emergency Fund Strategy

Out of Rs. 20L in bank and Rs. 20L in FD, earmark Rs. 6L to Rs. 8L.

This will act as emergency fund for family’s medical and job loss cover.

Put 3 months’ expenses in savings account. Keep balance in liquid or ultra short debt funds.

Don't touch this fund unless it's real emergency.

Re-evaluate Fixed Deposits

FD gives low returns and is taxable as per your tax slab.

You are in high income slab. So, net FD returns are very low.

Don’t keep Rs. 20L in FD. It’s hurting wealth growth.

Use FD only for near-term needs like a goal in 1 to 3 years.

Rest of FD should be moved to better performing investment options.

Mutual Fund Portfolio – Strengthen This Block

You have Rs. 5L in mutual funds. That is a good start. Appreciate your effort.

But this needs more attention and proper structuring.

Ensure funds are diversified across large, flexi cap, mid cap and hybrid funds.

Use only regular mutual funds through an MFD guided by a Certified Financial Planner.

Avoid direct plans. They lack guidance, review, and behavioural coaching.

Many investors pick random direct funds and lose compounding power.

A good CFP with MFD support helps with long-term discipline and fund switching strategy.

Why You Must Avoid Index Funds and ETFs

Index funds blindly copy market. They can’t avoid poor performing stocks.

No active decision-making. No alpha generation. No downside protection.

In falling markets, index funds fall more. Active funds can reduce losses.

Also, index funds lack flexibility. They follow index weight, not market conditions.

Best option is active mutual funds. Your fund manager takes active calls.

Active funds have historically beaten passive ones in India in most market phases.

Gold Bonds – Hold and Don’t Add More

You have Rs. 3L in gold bonds. That’s fine for diversification.

Don’t add more unless you have a specific future goal like daughter’s marriage.

Gold is good hedge, but not a return generator. Just hold what you have.

Don’t consider gold for monthly investments. It doesn’t support long-term goals well.

PPF – Keep Contributing, but Don’t Overdo

You already have Rs. 13L in PPF. That’s wonderful.

It’s safe, tax-free and long-term. Helps in retirement planning.

But PPF is illiquid. And max Rs. 1.5L allowed per year.

Use it to full limit yearly. But don’t put more surplus here.

Mutual funds should take higher share for long-term wealth.

PPF and MF together balance risk and returns nicely.

Build Monthly SIP Discipline

With Rs. 2.5L monthly salary, you can easily do Rs. 50k to Rs. 75k SIP.

Spread this into 4-5 actively managed regular mutual funds.

Use large cap, flexi cap, mid cap, and one hybrid or balanced advantage fund.

Select fund categories as per your goals and risk comfort.

SIPs must continue for 10 years or more to create real wealth.

Avoid frequent pausing or switching. Compounding needs patience.

Tax Planning Insight

Use your PPF, term insurance and mutual fund ELSS for tax savings.

ELSS is best among 80C options. Has lock-in, but also gives equity returns.

Avoid ULIPs and endowment plans. They mix insurance and investment poorly.

As a rule, buy insurance only for risk cover. Investment should stay separate.

Also, understand mutual fund capital gains tax rules.

New Tax Rules on Mutual Funds – You Must Know This

For equity mutual funds, long-term capital gains above Rs. 1.25L is taxed at 12.5%.

Short-term capital gains on equity mutual funds are taxed at 20%.

For debt mutual funds, all gains are taxed as per your income slab.

Track your investment holding periods. Plan redemptions smartly with a CFP.

Don’t do random withdrawals. It can create avoidable tax and return loss.

Future Goal Planning – Build a Roadmap

List out your major goals – child’s education, retirement, travel, marriage, etc.

Assign time frame and target value for each goal.

Map each goal with one or two specific mutual funds.

Review this strategy once every 6 months. Make changes only when needed.

Don’t mix all goals in one investment. That creates confusion later.

A Certified Financial Planner can help with this mapping and review.

Insurance Check – Very Important

Ensure you have term life insurance of at least 15 times your annual income.

If not, take it right away. Only term insurance. No endowment or ULIP.

You must also have family floater health insurance of Rs. 15L to Rs. 20L.

Don’t rely on employer coverage alone. It ends when job ends.

Medical costs are rising fast. Proper health cover is must.

Don’t Delay a Financial Plan – Take Action Now

You are in a very strong financial position.

You have cleared most loans. You have surplus and assets. Appreciate your efforts.

Now you need right structuring and action plan. Not just savings. But long-term investing.

Delay in investing or poor asset allocation can waste compounding power.

Create a roadmap. Commit to SIPs. Trim FD. Partial loan prepay. Balance all areas.

Get help from a Certified Financial Planner. Not bank RM. Not online robo platforms.

Review everything once in 6 months with expert support.

Only then real wealth creation happens with confidence.

Final Insights

Part-prepay home loan. Not full. Keep balance for growth investing.

Restructure idle FD and bank savings into mutual funds.

Don’t touch emergency funds. Keep it separate.

Grow mutual fund portfolio with SIP discipline. Use active, regular funds. No direct, no index.

Maintain health and term insurance cover properly.

Use PPF and ELSS smartly for tax. Avoid any insurance-linked plans.

Build goal-based plan. Use certified guidance. Track, review, adjust as needed.

You have income, assets and intent. Now, give it structure and direction. That’s the missing piece.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

...Read more

Ramalingam

Ramalingam Kalirajan  |8585 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 29, 2025

Asked by Anonymous - May 19, 2025
Money
I am 49 yrs old Govt Employee. My take home salary (after TAX deduction) is Rs 1.5 lakh. I have a home loan of 40 lakh (bal 30 lakh) with EMI 27,000 for 20 yrs. I am getting an rent of 13,000 and am paying rent 25,000 for opting a bigger house near my office. I am planning to buy another house near my office for around 70 lakhs with EMI approx 63,000. In the last 15 yrs I have invested Rs 25 Lakh in MF, cuurent value is over 75 lakh. Currently I am investing 30,000 in MF and 15,000 in PF. Now my question is how to cover EMI for new flat: A) Shall I sell the previous flat and use the money to buy new one to lower the EMI or, B) Shall I STOP monthly investment in MF to cover the difference in EMI (63000 - rent of 25000). I am less worried about my future financial planning, as I will be getting pension and medical facility for family after retirement.
Ans: Based on your inputs and goals, here’s a professionally structured, insight-driven, and detailed response to guide you clearly.

Your Current Financial Profile
Age: 49 years.

Profession: Government employee with pension and family medical cover post-retirement.

Take-home salary: Rs. 1.5 lakh monthly.

Home loan: Outstanding Rs. 30 lakh. EMI: Rs. 27,000.

Existing property rented out for Rs. 13,000 per month.

Current residence rent: Rs. 25,000 per month.

Planning to buy a second house near your office worth Rs. 70 lakh.

EMI on new house expected to be Rs. 63,000.

Mutual fund investment: Rs. 25 lakh invested. Current value over Rs. 75 lakh.

Monthly SIP: Rs. 30,000.

Monthly PF contribution: Rs. 15,000.

Appreciation of Financial Discipline
Holding Rs. 75 lakh in mutual funds from a Rs. 25 lakh investment shows patience.

Regular investing and PF contributions show solid planning habits.

Your awareness about medical and pension benefits is practical and matured.

The fact that you want to optimise EMI without harming long-term wealth is wise.

Decision Point: Covering the New Home EMI
You are weighing two options now:

Option A: Sell current flat and reduce EMI burden for new flat.

Option B: Continue holding both flats and pause SIPs to manage EMI of Rs. 63,000.

Let's examine both with a 360-degree approach.

Option A: Selling the Existing Flat
Selling the old flat will release locked capital from property.

You can use this to make a larger down payment.

That will lower the EMI or reduce the loan period.

Lower EMI improves your monthly cash flow.

You also avoid managing two houses with two EMIs.

You stop earning Rs. 13,000 rent but save Rs. 27,000 EMI.

Owning a bigger house near office solves your need directly.

No rental expense of Rs. 25,000 if you shift to new home.

Key Point: You save Rs. 25,000 rent + reduce loan burden by using proceeds.

Tax Angle: If you sell the flat after 2 years of holding, capital gain is long-term.
LTCG above Rs. 1.25 lakh in mutual funds is taxed at 12.5%.
LTCG from property is taxed at 20% with indexation.

Selling old flat may attract LTCG, but this can be managed using capital gain bonds.

Option B: Stop SIPs and Continue Both Loans
EMI gap = Rs. 63,000 (new) – Rs. 25,000 (current rent) = Rs. 38,000.

To cover this, you think of stopping Rs. 30,000 SIP.

But stopping SIPs will reduce your wealth-building capacity.

Your mutual fund corpus has done well. Rs. 75 lakh today is no accident.

Cutting SIPs for EMI compromises this growth for short-term comfort.

Managing two home loans increases debt burden.

Emergency or job-related changes will pressure your finances.

You will carry both loans into retirement years, which is risky.

Rental income of Rs. 13,000 does not justify a Rs. 27,000 EMI.

Key Point: Dual loans + no SIPs = weak liquidity + poor wealth creation.

Strategic Assessment
Your pension and medical support post-retirement are great advantages.

But real estate is not an efficient investment tool now.

It lacks liquidity, has low rental yield, and high exit costs.

Mutual funds, on the other hand, offer flexibility and growth.

SIPs keep your wealth compounding with time and inflation-adjusted returns.

Don’t stop SIPs which are the growth engine of your portfolio.

Disadvantages of Overexposure to Real Estate
You already own one flat. Another will double maintenance and property tax.

Real estate is illiquid and hard to exit in emergency.

Rental income is low compared to the capital value.

Prices may not rise as fast as mutual fund NAVs.

Property resale involves brokerage, stamp duty, and tax.

How to Optimally Fund New Home Purchase
Sell your old property to reduce new home loan amount.

Use part of your mutual fund corpus to bridge any shortfall.

Withdraw only up to 10-15% of MF corpus to avoid over-exposure.

Ensure you leave most of your MF investment untouched.

Avoid stopping SIPs; instead, cut some discretionary expenses.

Consider using partial withdrawal from EPF only if strictly needed.

Always keep emergency reserve of 6 months for EMI and expenses.

If You Must Retain Both Homes
Then you must downsize SIPs slightly, not stop them.

Reduce SIP to Rs. 10,000 or Rs. 15,000 monthly for 2-3 years.

Resume full SIPs once salary increases or loan interest reduces.

Don’t remove entire SIP at once; it hurts long-term compounding.

Explore joint ownership with spouse to improve loan eligibility.

Renting out one of the flats is essential for cash flow support.

MF Investment Advice
Avoid direct mutual funds unless you have market expertise.

Regular plans through MFDs with CFP support bring curated advice.

Direct plans don’t come with guidance, especially in volatile markets.

Certified Financial Planners bring goal alignment, review discipline, and fund switching help.

Active Funds Over Index Funds
Index funds follow market blindly; no downside protection.

Actively managed funds offer better risk-adjusted performance.

Fund manager expertise helps you in falling markets.

You already have seen benefit with active mutual fund growth.

Actionable Plan
Sell existing flat to reduce new loan to affordable level.

Shift to new home and save Rs. 25,000 monthly rent expense.

Use part of mutual fund corpus if needed. Limit to 10%-15%.

Avoid stopping SIPs. Reduce only if necessary.

Continue investing to reach Rs. 1.5 crore corpus before retirement.

Maintain health cover and emergency fund as buffer.

Avoid dual home loan exposure at 49, just 9-10 years before retirement.

Don’t expect real estate to give fast returns or high rental income.

Stay focused on liquidity, stability, and capital efficiency.

Keep goal-based mutual fund plans intact with professional help.

Finally
Your discipline in investing is a big asset already.

Avoid halting SIPs which power your future corpus.

Don’t load retirement life with dual EMIs and real estate stress.

Selling one property and owning the right home near office is practical.

Continue MF journey with expert guidance and minimal interruptions.

This keeps you financially strong even in post-retirement years.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

https://www.youtube.com/@HolisticInvestment

...Read more

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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