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Ramalingam

Ramalingam Kalirajan  |417 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 13, 2024

Asked by Anonymous - Apr 12, 2024Hindi
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Money
I am prasad, chennai Could you please tell me the cost of living in salailah for family of 2,husband and wife?
Ans: The cost of living in Salalah for a family of 2 (husband and wife) can vary depending on your lifestyle choices. Here's a general breakdown to give you an idea:

Accommodation:

Expect to pay between ?150 (OMR 150) to ?250 (OMR 254) per month for a furnished studio apartment in a regular area (https://www.expatistan.com/cost-of-living/city). Prices can be higher in upscale locations.
Utilities:

Budget around ?20-30 (OMR 20-30) per month for utilities like electricity and water for a small apartment (https://www.expatistan.com/cost-of-living/city).
Food:

Groceries can be affordable. Expect to spend around ?200-300 (OMR 200-300) per month on basic necessities like rice, vegetables, and eggs (https://www.numbeo.com/cost-of-living/in/Salalah-Oman). Eating out can range from cheap eats at ?2 (OMR 2) to mid-range restaurants at ?7 (OMR 7) per person for a meal (https://www.numbeo.com/cost-of-living/in/Salalah-Oman).
Transportation:

Public transportation is inexpensive, with single rides costing around ?0.5 (OMR 0.5) (https://www.numbeo.com/cost-of-living/in/Salalah-Oman). Renting a car can range from ?150-160 (OMR 150-160) per month (https://www.tripadvisor.com/Tourism-g298419-Salalah_Dhofar_Governorate-Vacations.html).
Additional factors:

Internet and phone plans can add to your monthly costs.
Entertainment expenses will vary depending on your interests.
Resources for further research:

Expatistan (https://www.expatistan.com/cost-of-living/city)
Numbeo (https://www.numbeo.com/cost-of-living/in/Salalah-Oman)
Remember:

These are estimates. It's wise to factor in your spending habits and desired lifestyle when determining your budget.
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Ramalingam

Ramalingam Kalirajan  |417 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 13, 2024

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I'm a 32 year old, and wish to generate 1.5 Cr in the next 5 years. Where should I need to invest. Already I'm equity dominated at 96%
Ans: Given your goal of generating 1.5 Cr in 5 years and your current equity-heavy portfolio, here's a suggested strategy:

Rebalance Portfolio: Consider diversifying your portfolio to reduce risk. While equities offer higher returns, they can also be volatile. Allocate a portion to debt or hybrid funds to stabilize returns.

Equity Allocation: Since you're already heavily invested in equities, focus on mid-cap and small-cap funds for potentially higher returns. These categories can outperform large-cap funds over the long term but come with higher volatility.

Debt Allocation: For stability and to balance risk, allocate a portion (around 20-30%) to debt funds or fixed income instruments like PPF, FDs, or bonds.

SIPs: Consider Systematic Investment Plans (SIPs) in equity funds. Given your 5-year horizon, SIPs can help average out the cost of investment and benefit from market volatility.

Monitor and Adjust: Regularly review your portfolio's performance and adjust your investments based on market conditions and fund performance.

Financial Advisor: Given your ambitious goal and the need for a balanced approach, consider consulting a financial advisor to tailor a plan specific to your needs and risk tolerance.

Remember, while equities can offer higher returns, they come with volatility. Diversification and regular monitoring are crucial to achieving your goal. Always keep your risk tolerance in mind when investing.
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Ramalingam

Ramalingam Kalirajan  |417 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 13, 2024

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Hi, I am 36yrs old and investing in mutual fund from 2017 onwards. I invest 4k sip in Franklin Templeton Prima fund, 2k in Canara robecco flexi cap fund, 3K in Axis long term Equity(ELSS) and had 90k of lumpsum in BOI AXA tax advantage fund. Let me know if my choice of funds are wise to create long term wealth.
Ans: Your choice of funds demonstrates a balanced approach with exposure to different categories like large-cap, flexi-cap, and ELSS. Here are some points to consider:

Diversification: You have a good mix of funds across different categories, which can help in reducing the overall risk.

Fund Performance: Regularly monitor the performance of each fund against its benchmark and peers. Ensure that they are meeting your return expectations.

Costs: Check the expense ratios of the funds. Lower expense ratios can have a positive impact on long-term returns.

Review and Rebalance: Periodically review your portfolio to ensure it aligns with your financial goals. Rebalance if necessary, especially if any fund is consistently underperforming or if there's significant overlap.

Lumpsum Investments: For the lumpsum investment in BOI AXA tax advantage fund, monitor its performance relative to the ELSS category and consider its tax-saving benefits.

Overall, your fund selection seems reasonable for long-term wealth creation. However, regular reviews and staying updated with the market and fund performance are key to ensuring you're on track to meet your goals. Consulting a financial advisor for a personalized review can also be beneficial.
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Ramalingam

Ramalingam Kalirajan  |417 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 13, 2024

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Hi Experts, I am 34 and doing SIP (5k each) in Quant Multi Asset, ICICI Equity & Debt Aggressive hybrid, ICICI small cap, Axis bluechip and Tata Resources& Energy MF for sometime now. Is this diversified enough, or needs change?
Ans: Your current SIP portfolio seems like a decent start, but it could benefit from some adjustments for better diversification:

Current Mix:

You likely have exposure to:
Large-cap stocks (through Axis Bluechip)
Mid-cap and small-cap stocks (through ICICI Small Cap)
Debt (through ICICI Equity & Debt Aggressive Hybrid)
A specific sector (Resources & Energy)
Areas for Improvement:

Sector Concentration: A sector fund like Resources & Energy carries higher risk compared to broader market funds. Consider if this aligns with your overall risk tolerance. You might want to replace it with a diversified equity fund to spread risk across different sectors.
Debt Allocation: The role of the aggressive hybrid fund is unclear. If it has a high equity allocation, you might have too much equity exposure overall. Consider a pure debt fund for a clearer asset allocation.
General Recommendations for Diversification:

Large, Mid & Small Cap Exposure: Having a mix of large, mid, and small-cap funds provides exposure to companies of different sizes and growth potential.
Multi-Asset Fund: A multi-asset fund can offer diversification across asset classes like equity, debt, and even international exposure. Consider one if you don't already have it.
Remember:

Risk Tolerance: Ensure your overall asset allocation aligns with your risk tolerance.
Review Regularly: Review your portfolio periodically and adjust based on market conditions and your evolving goals.
Professional Advice: Consulting a registered financial advisor can provide personalized guidance based on your specific circumstances.
By considering these points, you can refine your SIP strategy for a more balanced and potentially more resilient portfolio.
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Ramalingam

Ramalingam Kalirajan  |417 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 13, 2024

Ramalingam

Ramalingam Kalirajan  |417 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 13, 2024

Asked by Anonymous - Apr 13, 2024Hindi
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Money
Hi Sir, I am 36 years old, I'm looking for good returns next 10 years for house purchase, so pls suggest where should I invest in best plans.
Ans: With a 10-year timeframe for a house purchase, you have a good balance between risk and return potential. Here are some investment options to consider, each with varying risk profiles:

Higher Risk, Higher Potential Return:

Equity Mutual Funds (SIP): Invest a fixed amount regularly (Systematic Investment Plan or SIP) in diversified equity mutual funds. This allows you to benefit from compounding returns over the long term, but be aware that the stock market can be volatile in the short term.
Moderate Risk, Moderate Return:

Balanced Mutual Funds: These funds invest in a mix of stocks and bonds, offering a balance between growth potential and stability. This can be a good option if you're comfortable with some market fluctuations.
Lower Risk, Lower Return:

Debt Funds: Invest in debt funds that offer moderate returns with lower volatility than stocks. This is a good option for preserving your capital, but the returns might not outpace inflation over the long term.
Other Options:

Real Estate Investment Trusts (REITs): REITs invest in income-generating real estate properties. This can be a way to indirectly invest in real estate and potentially earn rental income. However, REITs can also be volatile.
National Pension System (NPS): NPS offers tax benefits and some stability, but the lock-in period might not be ideal for your 10-year house purchase goal.
Important Considerations:

Risk Tolerance: How comfortable are you with potential losses? Choose investments that align with your risk tolerance.
Diversification: Don't put all your eggs in one basket. Spread your investments across different asset classes to mitigate risk.
Investment Horizon: You have a 10-year timeframe. While equity offers growth potential, it can be volatile in the short term. Consider a balanced approach.
Financial Advisor: Consulting a registered financial advisor can help you create a personalized investment plan based on your specific needs and risk profile.
Remember, there's no single "best" investment plan. The best approach depends on your individual circumstances. Do your research, understand the risks involved, and consider seeking professional advice before making any investment decisions.
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Ramalingam

Ramalingam Kalirajan  |417 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 13, 2024

Asked by Anonymous - Apr 13, 2024Hindi
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Money
Hi. I am 42 and Indo monthly sip of 100,000. Considering that you cannot predict which scheme will outperform it's peers I have large number of schemes in my portfolio. My current portfolio has sip in 33 schemes with 3000 each in less in bandhan and quant, flexicap with Nippon, pgim and quant, large cap with dsp nifty equal weight, hdfc nifty, hdfc top 100, icici nifty next 50, micro cap with motilal, mid cap with dsp, mirae, motilal, Nippon, pgim, SBI, uti and icici. Small cap with axix, canara, FT, hdfc, kotak, quant, SBI, uti and icici. And sector funds with Nippon banking, Pharma and icici infra fund. For US market, I used Icici US fund. Will having sip in many schemes impact my portfolio.
Ans: Having a diversified mutual fund portfolio is generally a good strategy to manage risk. However, having too many schemes in your portfolio can make it challenging to track and manage effectively. Here are some considerations and suggestions to optimize your portfolio:

1. Simplify Your Portfolio:

Consolidation: Consider consolidating your portfolio by reducing the number of schemes. You can choose 3-5 schemes in each category (large-cap, mid-cap, small-cap, etc.) that have consistently performed well and have a strong track record.
Overlap: Review your portfolio for overlapping sectors or similar investment styles. Try to diversify across different sectors and investment styles to reduce concentration risk.
2. Performance Review:

Monitor Performance: Regularly review the performance of your schemes. Focus on consistent performers with a strong track record rather than chasing recent top performers.
Fund Manager: Consider the experience and track record of the fund manager. A skilled and experienced fund manager can add value to your investment.
3. Risk Management:

Asset Allocation: Maintain a balanced asset allocation based on your risk tolerance, financial goals, and investment horizon. Allocate your investments across different asset classes (equity, debt, gold) to manage risk.
Review and Rebalance: Periodically review and rebalance your portfolio to maintain the desired asset allocation. Rebalance your portfolio if the actual allocation deviates significantly from the target allocation.
4. Cost Consideration:

Expense Ratio: Keep an eye on the expense ratio of the funds. Lower expense ratio funds can provide better returns over the long term.
Exit Load: Be aware of the exit load charges and redemption policies of the funds to avoid unnecessary costs.
5. Consult a Financial Advisor:

Expert Advice: Consider consulting a financial advisor or investment consultant to review your portfolio and provide personalized advice based on your financial situation, goals, and risk profile.
Objective Perspective: An advisor can provide an objective perspective and help you make informed decisions to optimize your portfolio.
Summary::
While diversification is essential for managing risk, having too many schemes can complicate your portfolio management. Simplifying and optimizing your portfolio by consolidating your investments, focusing on consistent performers, and maintaining a balanced asset allocation can help you achieve your financial goals more effectively. Consulting a financial advisor can provide valuable insights and guidance to optimize your portfolio based on your individual needs and preferences.
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Ramalingam

Ramalingam Kalirajan  |417 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 13, 2024

Asked by Anonymous - Apr 13, 2024Hindi
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Money
I lost my job and i am getting my 18 months salary.i have personal loan ODI limit loan Car loan HOME LOAN UNDER my name the amount is approx 24lakhs Personal laon i need to pay off 11lakh Od Limit loan approx 13 lakh Do u think there js anyway to pay off the total debt leavung car loan and car loan and i can save and invest in SIP
Ans: Managing debt while dealing with job loss can be challenging, but with a structured approach, it's possible to handle your financial obligations and continue with your savings and investments. Here's a step-by-step plan to manage your situation:

1. Assess Your Finances:

Income: Calculate your 18-month salary and any other potential income sources.
Expenses: List down your monthly expenses to understand your cash flow.
Debts: Identify the interest rates, monthly payments, and outstanding amounts for each loan.
2. Prioritize Debts:

High-Interest Debts: Focus on paying off high-interest debts first, such as personal loans and OD limit loans.
Home Loan: Home loans generally have lower interest rates and longer tenures. You might consider continuing with your EMIs if the interest rate is manageable.
Car Loan: Since a car loan is a secured loan, the interest rate is usually lower. If you can manage the EMIs, you might continue with it.
3. Negotiate with Lenders:

Personal Loan & OD Limit Loan: Try negotiating with your lenders for a lower interest rate or restructuring the loan to reduce the monthly EMI burden.
Home Loan: Some banks offer loan restructuring or EMI moratorium options during financial hardships. Check with your lender for any available options.
4. Create a Repayment Plan:

Debt Snowball or Avalanche Method: Choose a debt repayment strategy that works for you. The snowball method focuses on paying off the smallest debts first, while the avalanche method targets the highest interest debts first.
EMI Payments: Allocate a portion of your 18-month salary towards settling the high-priority debts.
5. Emergency Fund:

Savings: Set aside a portion of your 18-month salary as an emergency fund to cover at least 6-12 months of living expenses.
Investments: Once the high-interest debts are paid off and emergency fund is set, resume your SIPs to build wealth for the future.
6. Review and Adjust:

Budgeting: Create a monthly budget to track your income, expenses, and savings.
Financial Advisor: Consult a financial advisor to review your financial situation, debt repayment plan, and investment strategy.
Conclusion:
While it might be challenging to pay off all the debts with your 18-month salary, focusing on high-interest debts and negotiating with lenders can help reduce your financial burden. Consider continuing with your home loan and car loan if the interest rates are manageable. Once you've addressed the debts and set aside an emergency fund, you can resume your savings and investments through SIPs for long-term wealth creation.
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Ramalingam

Ramalingam Kalirajan  |417 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 13, 2024

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Ramalingam

Ramalingam Kalirajan  |417 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 13, 2024

Asked by Anonymous - Apr 13, 2024Hindi
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Money
Hi, I am 34 years old and I work as a IT consultant and my wife is a homemaker and we have a 6 months old son. My salary is 26 Lakhs and currently I have about 15 Lakhs of savings and 15 Lakhs of funds parked in Shares. I dont have a house and a car. Please suggest on how to invest for home and car in about next 5-7 years and investment for child future education and marriage.
Ans: Congratulations on your new son! It sounds like you're in a good financial position to plan for your future goals. Here are some thoughts on how to invest for your home, car, and child's future:

Emergency Fund:

Before diving into investments for bigger goals, ensure you have a solid emergency fund. Aim for 3-6 months of your living expenses to cover unexpected costs. You can park this in a high-interest savings account or liquid funds for easy access.
Home and Car:

Timeline: With a 5-7 year timeframe, you can consider a mix of investments for your down payment on a house and car.
Down Payment: Typically, a 20% down payment is recommended for a house loan to avoid private mortgage insurance (PMI).
Investment Options:
Debt Funds: Invest a portion in low-risk debt funds that offer moderate returns with lower volatility than stocks.
Balanced Mutual Funds: Consider balanced mutual funds that invest in a mix of stocks and bonds, offering a balance between growth and stability.
Systematic Investment Plan (SIP) in Equity Mutual Funds: A small monthly SIP in diversified equity mutual funds can potentially offer higher returns over the long term, but be aware of market fluctuations.
Child's Education and Marriage:

Investment Horizon: You have a long investment horizon for your child's future. This allows you to consider growth-oriented investments.
Investment Options:
Equity Mutual Funds: A regular SIP in equity mutual funds allows you to benefit from compounding returns over the long term.
Child Plans: Explore child-specific investment plans offered by insurance companies. These plans provide insurance coverage along with a maturity benefit for your child's education or marriage. These may not offer the highest returns but can provide tax benefits and life insurance coverage.
Government Schemes: Sukanya Samriddhi Account (SSA) for a girl child offers good interest rates and tax benefits.
Here are some additional tips:

Do your research: Before investing in any financial product, research different options and understand the risks involved.
Seek professional financial advice: Consider consulting a registered financial advisor who can create a personalized plan based on your specific needs and risk tolerance.
Review Regularly: Review your investments periodically and adjust your asset allocation as your goals and risk tolerance change.
Remember: This is a general guideline, and the best investment strategy will depend on your specific circumstances. Be sure to factor in your risk tolerance, financial goals, and investment time horizon when making any investment decisions.
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Ramalingam

Ramalingam Kalirajan  |417 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 13, 2024

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Hi I am 28 year old I want financial advice I have 2 lakhs of emergency fund, apart from this which is kept in FD, I WANT & planning to invest 10k per month in M.F I am concidering to invest ?6350 in 6 large cap funds, ?2,625 in 5 midcap funds, ?525 in 3 smallcap funds, 1000 in 1 flexicap funds Is this correct way for diversification or I should just invest in only 1 or 2 stocks in each sections apart from above mentioned 15 MF? & Are there any financial advisor in Bengaluru who could suggest me with some ideas for my present stock portfolio which I need to trim?
Ans: You're off to a good start with your financial planning! Let's discuss your proposed investment strategy and address your questions.

Diversification Strategy:
Your plan to diversify across large-cap, mid-cap, small-cap, and flexi-cap funds is a good approach. Diversification helps in spreading the risk and capturing growth opportunities across different market segments.

However, investing in 15 mutual funds might be a bit too diversified, which can sometimes dilute returns and make portfolio management complex. Consider consolidating your portfolio to fewer funds while still maintaining diversification.

Alternative Strategy:

Large Cap: Consider investing in 2-3 large-cap funds for stability and consistent returns.
Mid Cap: 1-2 mid-cap funds can offer higher growth potential.
Small Cap: Similarly, 1-2 small-cap funds for higher growth but higher risk.
Flexi Cap: 1-2 flexi-cap funds can provide flexibility across market caps.
Considerations:

Expense Ratio: Keep an eye on the expense ratios. Lower expense ratios can significantly impact your returns over the long term.
Fund Performance: Regularly review the performance of your funds and consider replacing underperforming ones.
Market Conditions: Market conditions can influence the performance of different segments. Keep yourself updated with market trends and adjust your portfolio accordingly.

Financial Advisor Selection:
Please search for "online financial planning & Retirement planning services with a Holistic Approach" in Google and then follow the below steps with the results.

Research: Start by researching reputable brokerage firms that offer mutual fund advisory services. Look for firms with a strong track record, experienced financial advisors, and a range of services tailored to your needs.

Consultation: Schedule a consultation with the brokerage firm to discuss your financial goals, risk tolerance, investment preferences, and other relevant factors. This initial meeting will help the advisor understand your needs and recommend suitable investment strategies.

Advisory Services: Once you've selected a brokerage firm, the advisor will work with you to develop a personalized mutual fund investment plan. They will recommend specific funds based on your financial objectives and provide ongoing guidance to help you navigate the market.

Regular Reviews: Schedule periodic reviews with your advisor to assess the performance of your mutual fund investments, review changes in your financial situation, and make any necessary adjustments to your investment strategy.


By following these steps, you can access the expertise of professional brokerages to assist you in financial planning and investment management.

Stock Portfolio Trimming:
A financial advisor can provide personalized advice on trimming your stock portfolio based on your financial goals, risk tolerance, and market conditions. They can help you identify which stocks to hold, sell, or add based on fundamental and technical analysis.

In conclusion, while your diversification strategy is commendable, consider consolidating your mutual fund portfolio for simplicity and better management. Consult a financial advisor for personalized advice tailored to your financial goals and situation.
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Ramalingam

Ramalingam Kalirajan  |417 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 13, 2024

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Hello Team, I am investing via SIP in axis Small cap 1000 pm, axis bluechip fund direct paln growth 1500pm, Mirae Asset aggreasive fund 1000pm, parag parikh flexi cap 1000pm, canara small cap 2000pm, quant small cap 2.5k pm, PGIM india midcap 1000pm. Please review my funds. Should i need any changes in my SIPs. My view is for 15 years. I am investing since 2019..
Ans: You've built a diversified portfolio covering different market segments, which is a good strategy for long-term growth. Here's a quick review:

Axis Small Cap & Canara Small Cap: You have exposure to small-cap funds which can offer higher growth potential but come with higher volatility. Given your 15-year horizon, these can be suitable, but be prepared for fluctuations.

Axis Bluechip & Mirae Asset Aggressive Fund: These funds provide stability with large-cap and well-diversified equity exposure. They can act as a counterbalance to the volatility of small and mid-cap funds.

Parag Parikh Flexi Cap: A flexible fund that invests across market caps and can provide consistent returns. It offers international diversification which can be beneficial.

Quant Small Cap & PGIM India Midcap: These funds further increase your exposure to mid and small-cap segments. Ensure you're comfortable with the higher risk associated with these categories.

Given your portfolio, it seems well-balanced for long-term growth. However, consider the following suggestions:

Review Fund Performance: Regularly check the performance of your funds against their benchmarks and peers.

Risk Assessment: Ensure you're comfortable with the risk levels, especially with higher allocations to small and mid-cap funds.

Asset Allocation: As you progress, you might want to rebalance your portfolio to maintain desired asset allocation.

New SIPs: Consider adding a large-cap or a diversified equity fund to further diversify your portfolio and reduce risk.

Remember, while these are general guidelines, personal financial planning should be tailored to your specific goals, risk tolerance, and financial situation. It's always advisable to consult with a financial advisor for a comprehensive review and advice tailored to your needs.
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Ramalingam

Ramalingam Kalirajan  |417 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 12, 2024

Ramalingam

Ramalingam Kalirajan  |417 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 12, 2024

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i had purchased 1 bhk flat for 41 lakh and its 40years old building in bhayander and we are paying 18k emi and we stay in rented flat and its rent is 20k . what should i do should i sell my flat and try to buy another low cost flat
Ans: Here's a breakdown of your situation to help you decide whether to sell your flat and buy a lower-cost one:

Financial Analysis:

Selling Costs: Consider agent fees, taxes, and other selling costs that might reduce your profit from selling.
New Flat Costs: Factor in the cost of a new flat, registration charges, and potential renovation expenses. Will the new flat's EMI be lower than the rent you're currently paying?
Market Conditions: Is the Bhayander market currently good for selling flats? Are there affordable options available for buying?
Benefits of Selling:

Lower housing cost: If you can buy a lower-cost flat with a lower EMI, you'll free up some cash flow.
Consolidated Investment: Selling your current flat can free up capital that you can invest elsewhere, potentially for better returns.
Benefits of Keeping:

Equity Building: You continue to build equity in your current flat, which appreciates in value over time (although this depends on market conditions).
Familiar surroundings: You avoid the hassle of moving and can stay in a familiar location.
Here's what you can do next:

Research Market Rates: Find out the current market value of your flat and the cost of similar flats you'd like to buy.
Calculate Net Proceeds: Estimate the net amount you'll get after selling your flat (deducting selling costs).
Compare EMI vs. Rent: See if the EMI on a new flat (including potential renovation costs) would be lower than your current rent.
Consider Long-Term Goals: Think about your long-term plans. Do you plan to stay in Bhayander for a long time, or might you move in the future?
Consulting a Real Estate Agent: A local real estate agent can provide valuable insights into the current market conditions and help you navigate the selling and buying process.

Ultimately, the decision depends on your financial situation, risk tolerance, and future plans. By carefully considering the factors mentioned above, you can make an informed choice.
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Ramalingam

Ramalingam Kalirajan  |417 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 12, 2024

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My age is 50 years old I want to invest Rs. 5000/- per month SIP for 5 to 10 years period. Please suggest SIP plan in which I should invest.
Ans: Given your investment horizon of 5 to 10 years and your age of 50, it's important to choose SIPs that balance growth potential with risk management. Here's a diversified portfolio suggestion:

Large Cap Equity Fund: Invest 40-50% of your SIP amount in a reputable large-cap equity fund. Large-cap funds offer stability and moderate growth potential. Look for funds with a consistent track record and low expense ratio.

Flexi Cap Equity Fund: Allocate 30-40% of your SIP amount to a flexi-cap equity fund. These funds have the flexibility to invest across market capitalizations, providing exposure to different segments of the market. Choose a fund with a seasoned fund manager and a disciplined investment approach.

Balanced Advantage Fund: Allocate the remaining 10-20% of your SIP amount to a balanced advantage fund. These funds dynamically manage equity and debt allocations based on market conditions, offering downside protection during market downturns. Look for a fund with a proven track record of managing volatility.

Debt Fund (Optional): If you prefer lower risk, you can consider allocating a small portion of your SIP amount to a debt fund. Debt funds provide stable returns with lower volatility compared to equity funds. Choose a fund with a suitable duration and credit quality based on your risk tolerance.

Ensure to review your portfolio periodically and make adjustments as needed based on changes in your financial situation and market conditions. Consider consulting with a financial advisor for personalized recommendations tailored to your goals and risk profile.
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Samraat

Samraat Jadhav  |1634 Answers  |Ask -

Stock Market Expert - Answered on Apr 12, 2024

Ramalingam

Ramalingam Kalirajan  |417 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 12, 2024

Asked by Anonymous - Apr 12, 2024Hindi
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My father is around 55 he's not investing in sip but lately I've pushed him to but I need to know by his time of retirement he won't be able to save more with sip any suggestions for which kind of sector should he invest more?
Ans: Given your father's age and proximity to retirement, it's crucial to prioritize investments that offer stability and potential for steady growth with lower risk. Here are some suggestions:

Diversified Equity Funds: Opt for diversified equity mutual funds that invest in a mix of large-cap, mid-cap, and small-cap stocks. These funds offer exposure to different sectors and can help mitigate risks associated with investing in a single sector.

Large Cap Funds: Consider allocating a significant portion of investments to large-cap funds, which invest in well-established companies with a track record of stable performance. These companies are generally less volatile and more resilient to market fluctuations.

Balanced Funds: Balanced funds, also known as hybrid funds, invest in both equities and debt instruments. They offer a balanced mix of growth potential from equities and stability from debt, making them suitable for conservative investors nearing retirement.

Debt Funds: Allocate a portion of investments to debt funds, which primarily invest in fixed-income securities like government bonds, corporate bonds, and treasury bills. Debt funds offer relatively stable returns and can provide regular income through interest payments.

Dividend-Yielding Stocks: Consider investing in dividend-yielding stocks of companies with a strong track record of dividend payments. Dividends can provide a steady stream of income, especially during retirement.

Consult a Financial Advisor: It's essential to consult a financial advisor who can assess your father's financial situation, risk tolerance, and investment goals to provide personalized advice. A professional advisor can help create a well-rounded investment portfolio tailored to his needs and objectives.

By diversifying across different asset classes and sectors, your father can mitigate risk and potentially enhance returns while safeguarding his retirement savings.
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Ramalingam

Ramalingam Kalirajan  |417 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 12, 2024

Asked by Anonymous - Apr 12, 2024Hindi
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Sir, i am 34 Years investing around 10k in SBI small cap fund, 10k in HSBC midcap, 10k in Kotak flexicap, 10k in Aditya large cap, 10k in ICICI All season bond fund for next 10 years, any suggestions for change ?
Ans: Your investment strategy appears well-diversified across different market caps and fund categories, which is a good approach. However, here are a few suggestions for potential improvements:

Review Small Cap Fund: While SBI Small Cap Fund has performed well historically, small-cap funds can be more volatile. Consider reviewing its performance and risk profile periodically to ensure it aligns with your investment goals and risk tolerance.

Evaluate Midcap and Flexicap Funds: HSBC Midcap and Kotak Flexicap Funds are good choices, but periodically review their performance compared to peers and benchmark indices. Ensure they continue to meet your expectations in terms of returns and risk.

Assess Large Cap Fund: Aditya Birla Sun Life Large Cap Fund is a reputable fund, but consider reviewing its performance relative to other large-cap funds in the market. Ensure it remains competitive in terms of returns and consistency.

Monitor Bond Fund: ICICI All Season Bond Fund is suitable for providing stability to your portfolio, especially during market downturns. However, periodically review its performance and the prevailing interest rate environment to ensure it continues to meet your expectations.

Regular Review: Periodically review your portfolio's performance, asset allocation, and your financial goals. Consider rebalancing your portfolio if necessary to maintain your desired asset allocation.

Consider Professional Advice: If you're unsure about managing your investments or need personalized advice, consider consulting with a financial advisor. They can provide tailored recommendations based on your financial situation, goals, and risk tolerance.

Overall, continue to monitor your portfolio's performance and make adjustments as needed to stay on track towards achieving your financial objectives.
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Mutual Funds, Financial Planning Expert - Answered on Apr 12, 2024

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I'm 21 years old in India and already wasted my btech.. i wanna help my parents in earning money and buy a house and live before they marry me to someone by 23 ..
Ans: It's understandable to feel pressure about your future, especially when it comes to financial stability and meeting family expectations. Here are some steps you can consider:

Assess Your Skills and Interests: Identify your strengths, skills, and interests. This could be anything from technical skills to creative talents. Understanding what you enjoy and excel at can help guide your career choices.

Explore Career Options: Research various career paths and industries that align with your skills and interests. Consider internships, apprenticeships, or vocational training programs to gain practical experience and explore different fields.

Focus on Skill Development: Invest time in enhancing your skills through online courses, workshops, or certifications. Building a strong skill set can increase your employability and open up opportunities for career advancement.

Seek Employment: Start looking for part-time or full-time employment opportunities in your chosen field. Don't hesitate to apply for entry-level positions or internships to gain experience and build your resume.

Financial Planning: Develop a financial plan to save for your goals, such as buying a house or supporting your family. Set realistic targets and explore savings options like mutual funds, fixed deposits, or recurring deposits to grow your money over time.

Communicate with Your Parents: Have an open and honest conversation with your parents about your goals and aspirations. Discuss how you can work together as a family to achieve your shared objectives.

Stay Positive and Persistent: Remember that success takes time and effort. Stay motivated, persevere through challenges, and remain adaptable to change. Seek guidance from mentors, family members, or career counselors if needed.

By taking proactive steps and staying focused on your goals, you can work towards building a fulfilling career and providing support to your family.
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Ramalingam Kalirajan  |417 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 12, 2024

Asked by Anonymous - Apr 03, 2024Hindi
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I am 50 working professional. Below is my MF portfolio . 1. Parag Parikh Flexi Cap Fund 2.6 lakhs + 10K SIP 2. PGIM India Midcap Opportunities Fund 1.85 L Value + 5K SIP 3. Quant ELSS Tax Saver Fund 80K 4. Axis Small Cap Fund 1.85 Lakhs Value + 5K SIP 5. Axis Gold Fund 75K Value + 5K SIP 6. Canara Robeco Bluechip Equity Fund 70K 7. Quant Multi Asset Fund 50K 8. SBI Magnum Income Fund 50K 9. ICICI Prudential Equity & Debt Fund 50K 10. Quant Active Fund 50K 11. ICICI Prudential Bluechip Fund 25K I want to build a retirement corpus of 2 crore in 10 years. I am planning to invest around 50K every month. Plus i have. surplus of 4Lakks which i want to invest in few of the MFs above. Planning to exit Canara Robeco bluechip and Axis Small cap soon. Please suggest if any changes you want me to do.
Ans: Given your goal of building a retirement corpus of 2 crores in 10 years and your current portfolio, here are some suggestions:

Increase SIP Contributions: Consider increasing your SIP amounts in high-performing funds like Parag Parikh Flexi Cap and PGIM India Midcap Opportunities Fund, which have shown good potential for long-term growth.

Review and Consolidate: Evaluate the performance of all your funds and consider consolidating your portfolio to fewer, well-performing funds to simplify management and potentially enhance returns.

Focus on Quality: Prioritize funds with strong track records, consistent performance, and experienced fund management teams. Consider adding large-cap and diversified equity funds for stability and balanced growth.

Asset Allocation: Ensure a balanced asset allocation across equity, debt, and gold funds based on your risk tolerance and investment horizon. Reallocate surplus funds strategically to maintain a diversified portfolio.

Regular Review: Monitor your portfolio regularly and make adjustments as needed based on changes in market conditions, fund performance, and your financial goals.

Consider consulting with a financial advisor for personalized advice tailored to your specific circumstances and goals.
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Ramalingam Kalirajan  |417 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 12, 2024

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Hi Sir, I have been investing in the following mututal funds since 4 years in the form of SIP. my investment horizon is 15 years. 1) PGIM Ind Midcap Opp Dir-IDCW : 2500 2) Nippon Ind Small Cap Dir-IDCW : 2000 3) SBI Small Cap Dir-G : 1500 4) Axis Small Cap Dir-IDCW : 2500 5) Nippon Ind Multi Cap Dir-IDCW : 3000 6) Quant Infra Reg-IDCW : 2000 7) Axis Midcap Dir-IDCW : 2000 8) Parag Parikh Flexi Cap Dir-G : 2000 9) Quant Multi Asset Reg-IDCW : 3000 10) Mirae Asset Emrgng Bluechip Reg-IDCW : 2500 Can you please help me out on below queries .... 1) Exit/Continue in above mututal funds? 2) How much amount will be generated after 15 years? 3) Willing to invest 5000 more, please suggest mututal funds Thanks
Ans: Review the performance of each fund and consider factors like consistency, fund manager expertise, and alignment with your investment goals. Exit funds with consistently poor performance or if your investment thesis has changed. Continue with funds that have demonstrated strong performance and align with your long-term goals.

To estimate the amount generated after 15 years, consider the historical returns of each fund, but remember past performance is not indicative of future results. Utilize online calculators or consult a financial advisor for a more accurate projection based on your specific investment amounts and expected returns.

For additional investments of 5000 per month, consider diversifying across different asset classes like large-cap, mid-cap, and flexi-cap funds to spread risk. Research funds with a track record of consistent performance and align with your risk tolerance and investment horizon. Consulting a financial advisor can provide personalized recommendations based on your financial goals and risk profile.
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