विशेषज्ञ की सलाह चाहिए?हमारे गुरु मदद कर सकते हैं

Ans: Understand Your Financial Goal
You need Rs. 75,000 monthly income in the first year.
The income should increase by 5% annually to combat inflation.
A mix of equity and debt investments can help achieve this goal.
Step 1: Estimate Required Corpus
Calculate the corpus required to generate Rs. 75,000 per month.
Consider safe withdrawal rates for long-term sustainability.
Include the impact of 5% annual increase in income needs.
Step 2: Allocation Between Equity and Debt
1. Equity for Growth

Allocate 60%-70% of your corpus to equity mutual funds.
Equity helps combat inflation and grows your wealth over time.
Choose a mix of large-cap, flexi-cap, and mid-cap funds for diversification.
2. Debt for Stability

Allocate 30%-40% of your corpus to debt mutual funds.
Debt investments provide stability and regular income.
Consider short-term bond funds or corporate bond funds for steady returns.
Step 3: Use a Systematic Withdrawal Plan (SWP)
1. Regular Monthly Income

Use SWP from mutual funds to get Rs. 75,000 monthly.
SWP lets you withdraw fixed amounts periodically from your investments.
2. Manage Inflation Adjustment

Increase the SWP amount by 5% every year.
This ensures your income keeps pace with rising costs.
3. Tax Efficiency

Equity SWPs are more tax-efficient due to favourable capital gains taxation.
Long-term capital gains (LTCG) above Rs. 1.25 lakh are taxed at 12.5%.
Debt fund SWPs are taxed as per your income tax slab.
Step 4: Portfolio Rebalancing
1. Maintain Allocation Ratio

Rebalance your portfolio every year to maintain equity and debt allocation.
Sell over-performing assets and reinvest in under-performing ones.
2. Reduce Risk Gradually

Shift more funds to debt as you age or near your financial goal.
This safeguards your principal while ensuring stable returns.
Step 5: Choosing the Right Funds
1. Actively Managed Equity Funds

Avoid index funds as they don’t offer active performance management.
Actively managed funds can generate better returns in dynamic markets.
2. Professional Guidance for Fund Selection

Regular plans with Certified Financial Planner guidance are beneficial.
Direct funds lack expert support, leading to potential missteps.
3. Debt Funds for Predictable Returns

Short-term and corporate bond funds are good options for debt allocation.
Avoid riskier debt funds to preserve capital.
Step 6: Emergency Reserve and Insurance
1. Emergency Fund

Set aside six months of expenses as an emergency reserve.
Keep this fund in liquid or ultra-short-term debt funds for quick access.
2. Adequate Insurance

Ensure you have adequate health and life insurance coverage.
This safeguards your family from financial burdens in unforeseen situations.
Step 7: Periodic Review and Monitoring
1. Annual Portfolio Review

Review your portfolio’s performance annually with a Certified Financial Planner.
Check if your income and growth objectives are on track.
2. Adjust for Market Changes

Adjust SWP amounts or reallocate investments based on market trends.
Ensure the portfolio remains aligned with your financial goals.
Step 8: Tax Planning
1. Plan Withdrawals to Minimise Tax

Limit withdrawals from equity funds to stay under LTCG exemption limits.
For debt funds, structure withdrawals to reduce tax impact.
2. Invest in Tax-Saving Instruments

If eligible, invest in tax-saving mutual funds (ELSS) for additional benefits.
This adds to your wealth creation while reducing tax liability.
Step 9: Long-Term Wealth Creation
1. Retain Growth Component

Avoid withdrawing the entire equity growth.
Let a part of the equity investment compound over time.
2. Build a Legacy

Ensure your investments are structured to pass on wealth to heirs.
Use nominations and wills to simplify inheritance.
Finally
Generating Rs. 75,000 monthly income with a 5% annual increase is achievable.

A balanced mix of equity and debt ensures growth and stability.

Regular review, disciplined withdrawal, and expert guidance will keep you on track.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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