Jinal Mehta

Answered on Jul 26, 2024

Question by saumya - Jul 25, 2024Hindi

Hello ma'am.. I'm a 33 year old mother of a 2 yr old boy..salary is 12 lac per annum.. never invest in ppf only. Want to save and grow money..how and where to start

Ans: I would suggest that you see meet a financial planner for this purpose. They would assess your risk profile and recommend accordingly.

Ms. Jinal Mehta ,CFP
Founder

www.beyondlearningfinance.com

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Answered on Jul 26, 2024

Asked by Anonymous - Jul 25, 2024Hindi

Hello sir.i m 38 year old,I want invest in MF/SIP, please suggest what is process,I m interested in SBI Mutual funds,

Ans: You can either do it directly through the fund houses or you may contact any of the mutual fund distributor who can guide you. Since you are just starting off with your investments ,I would suggest you contact a distributor from the AMFI website.

Ms. Jinal Mehta ,CFP
Founder

www.beyondlearningfinance.com

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Answered on Jul 26, 2024

Question by Kallol - Jul 26, 2024Hindi

I am a government service holder going to retire next year. Can you please suggest how best can I utilize money I am going to get after retirement. Does investing in mutual fund good option.

Ans: Yes. But only mutual funds will not serve your retirement tenure. You will have to add a portfolio of different asset classes as well.

Ms. Jinal Mehta ,CFP
Founder

www.beyondlearningfinance.com

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Answered on Jul 26, 2024

Asked by Anonymous - Jul 26, 2024Hindi

Age 33, Need advise on how manage my finance and improve my wealth, earning 1.5 l per month, own a house worth 50 lakhs, FD of 3 lakhs, SGB 2.00 lakhs, Shares 1.00 lakhs, debt hosing loan 15 lakhs, having health insurance 5.00 lakhs, 2 children one studying 2nd STD and other is 3 yrs old. Need advice on term or retirement insurance needs. And how to invest my salary to accumulate substantial wealth

Ans: I understand retirement planning is important..but looking at the assets and your current situation, i feel that the health insurance is too low..please hike it..you may consider to buy a floater policy as well. Next, I feel that you have no plan for your childrens education. So that should not be ignored.

Ms. Jinal Mehta CFP
Founder

www.beyondlearningfinance.com

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Answered on Jun 24, 2024

Asked by Anonymous - Jun 21, 2024Hindi

I’m 31 years old and I am earning 6.8 lakhs per annum and 53000 net salary per month. I had debts of 18 lakhs which mix of Credit card, Personal loans and car loan. However I went for settlement of 400000 worth my CC and PL which the due about to ends this month. And sold my car as well so I can settle that loan as well. Now my monthly expenditure as follows: 1. House rent 18000 2. Personal loan EMI 6000 3. For livelihood 15000 Kindly help me to plan better

Ans: You may try to increase your income or decrease your expense. ALso, do not take additional loans or use loans to repay the existing loans

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1

Answered on Jun 24, 2024

Asked by Anonymous - Jun 11, 2024Hindi

Hi I purchased a flat, by a bank loan, for my elderly mother many years ago. The flat is jointly in my name and her name. I am a nominee on the flat. The understanding was that she was meant to will her share of the flat to me. But given the difficulties in our relationship recently, I have no way of knowing if she has done so and maybe she has willed it to my sisters. In order to ensure that the flat eventually comes to me is having my name as nominee good enough, or do I need to pay stamp duty and transfer it entirely to my name. Most advice given to me suggests transferring the flat soon in order to avoid legal battles later.

Ans: If your name is mentioned in the agreement, then you dont have to worry. A will does supersede a nomination, but then she will be able to give away only her share (if shares are mentioned). There is no stamp duty that needs to be paid. After your mothers death, just apply for the process of mutation. I think i fee for the same is 1000 rs.

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Answered on Jun 24, 2024

Asked by Anonymous - Jun 22, 2024Hindi

I'm 29 yrs old women my savings including pf would be around 70000 per month (20000 pf, 50000 index funds) . I'm earning 1.3 lakhs (in hand) my net worth would be around 1.5 crores (land and gold) I'm planning to reture by 40 years with total amount of 10 crores and my monthly expense is 60000. How to diversify my investment?

Ans: I cannot suggest with this limited information. I need to know the tenure, current investment values, goals, risk profile to evaluate your situation and recommend.

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Answered on Jun 24, 2024

Question by Puneet - Jun 22, 2024Hindi

Hello, I'm 35 years old. I'm planning to start a new cycle of SIPs and aspiration is to create a corpus of 1.5 crores in next 10 years. Monthly SIP is 50,000. Below are my mutual funds chosen: Quant midcap fund: 10,000, ICICI Prudential Bluechip Fund: 10,000, Quant Flexi Cap Fund: 10,000, SBI Small Cap Fund: 2,000, SBI PSU Fund: 8,000. Please suggest: - if the above chosen mutual funds are appropriate for this wealth generation, however, if no, please suggest alternatives and also advise if the amount chosen is apportioned is realistic. - if this SIP amount is adequate enough to generate the desired corpus? All are direct growth plans. Should I include Parag Parekh Flexi Cap Fund as well? Regards, Puneet

Ans: I cannot suggest with this limited information. I need to know the tenure, current investment values, goals, risk profile to evaluate your situation and recommend.

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Answered on Jun 24, 2024

Asked by Anonymous - Jun 23, 2024Hindi

I'm 27 years old and married with 1 daughter (age 1 month) and from last 2 year I'm doing sip on 4 equity MF with 14k ( 5 on small cap, 5 midcap, 3 large cap, 1 flexicap), and holding stocks worth 4 lac, now I'm planning to invest more 5k in large & midcap, midcap 3k and small cap 3k, and quarterly 30k on sovereign gold bonds. My investment time frame is 10 year and I want to retire at 40 age with a corpus of 1.5 cr. Please suggest me if any changes required or not.

Ans: I cannot suggest with this limited information. I need to know the tenure, current investment values, goals, risk profile to evaluate your situation and recommend. Also, considering your assets and situation, it may not be a good idea to retire at 40.

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Answered on Jun 24, 2024

Question by sathish - Jun 23, 2024Hindi

Halo sir, I am resident of India and currently working at Riyadh,KSA. I have invested in Dubai real estatee sector and will be receiving returns starting from Dec 2024. I have salary account at Riyadh and NRE/NRO account back in India. In which account should I park those returns? Pls advice Sathish

Ans: NRE account. As that balance is repatriable

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Answered on Jun 24, 2024

Asked by Anonymous - Jun 23, 2024Hindi

Hello Sir , I am 33 yr old , now from this month will have 1.25 lacs in hand , living in metro city.I m currently paying 20 k rent but soon will buy home whose EMI will be ~48 k. I have 2 yr daughter , last yr started SSY with 2 k/month , and 6 kSIP started recently. I had to pay previously my education and then some marriage loans so not accumulated much savings. Kindly guide me , how I manage my funds , also soon my daughter's education will start So where should I spend. My monthly fix expenditure are around 50k , and currently through LIC+SIP+bhishi and other 25 k is fix outgo. So 75k is my fix outgo right now. Kindly guide how I can secure my future with retirement planning and my child education.

Ans: Firstly pay off your existing loans. We suggest that please do not commit to any of the additional investments options. If you to invest, just do a lumpsum investment on a quarterly basis with whatever excess amount you have saved.

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Answered on Jun 24, 2024

Asked by Anonymous - Jun 23, 2024Hindi

I am 51 and only earning member, my wife is housewife, my daughter is in 4th and son in 12th grade. As of now I have 1.10 cr in PF, 2 flats worth 1.5 cr, self invested stock currently valued at 1.5 cr, and another stock managed by portfolio manager worth 1.1 cr. I started MF SIP starting March 2024 of 50K/month. Only liability is of the first flat I bought which is now 5K/month, my expenses are around 1.2L per month major of it is Rent + children education + 25K/month of car loan started in Dec’24 for 5 years. I have invested 1.5L/year on SSY when my daughter was 1 years old. Monthly in hand I get is 2.75L. I keep 2L in Bank as emergency fund. Insurance of self and family is tied to my company, outside of which I have not taken any insurance. I plan to meet my Financial networth of 10-15 cr and then use most of the liquid corpus towards MF and go for SWP to cover an expense of 2L per month after I leave my job. In next 5 years, is it realistic, or is there a way to get more in the next 5 years? And if I have the financial freedom once I meet my target, can I opt for Insurance once I leave the company

Ans: SInce your children are younger, it is not suggested that you leave the job unless you have a back up. Company provided health insurance is often insufficient to meet the needs.. especially now since the heath care expenses are rising. So we suggest you take some additional term insurance to protect your family.

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Answered on Jun 24, 2024

Asked by Anonymous - Jun 23, 2024Hindi

Hi, I am 36 yr old working in semi IT, currently my in hand is 1.5 lakh/month and have a new born baby. Till now have just invested 50 k in PPF, 2 lakh current balance in shares, 50 K in NPS. No other investments, but I want to start investing atleast 50 k/month for my child. I will be working till the age of 60 can anyone please suggest how to accumulate 5 to 10 CR till I reach 60, also considering child education funds in between. 1 lakh amount from salary i have kept it for daily expenses, for child expenses etc. if required I can take out some amount from this for investment.

Ans: I cannot suggest with this limited information. I need to know the tenure, current investment values, goals, risk profile to evaluate your situation and recommend.

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Answered on Jun 24, 2024

Question by Chowdhary - Jun 23, 2024Hindi

Hi...i am a 36 year individual with a monthly take home salary of 1.9 lakhs. However, i have made some investment mistakes (f&o) and have landed with a debt of 35 lakhs. Need some advise on how do i correct the same and plan for better financial stability

Ans: First create a strategy to repay the debt.

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Answered on Jun 24, 2024

Question by Sanjay - Jun 23, 2024Hindi

Sir, I am 56 yrs old. Investing in mutual funds since 2016 , about 1.3 lakh per month. Have 2 children of about 5 yrs old . Kindly advice future investment amount so as to have good sum for their higher studies. Investment horizon about next 15 yrs.

Ans: I cannot suggest with this limited information. I need to know the tenure, current investment values, goals, risk profile to evaluate your situation and recommend.

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Answered on Jun 24, 2024

Asked by Anonymous - Jun 24, 2024Hindi

Hi experts, I am 41 years old and I have 2 cr. What would be the best way to invest it to get a steady income. Due to health issues, I cannot work anymore. Or keeping it in fixed deposit would be a good choice?

Ans: You can divide the the amount amount into 2-3 buckets to manage your cashflow. A combination of FD and swp should be decent . You may have tax incidences in both the scenarios

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Answered on Jun 24, 2024

Question by Narendra - Jun 24, 2024Hindi

I am investing 5000rs each in HDFC flexi cap ,ICICI prudential equity and debt fund and Nippon India small cap please review my portfolio

Ans: Dear Narendra,
I cannot review your portfolio with this limited information. I need to know the tenure, current investment values, goals, risk profile to evaluate the portfolio.

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Answered on Jun 17, 2024

Asked by Anonymous - Jun 15, 2024Hindi

I am an exserviceman. Covered under ECHS. Should I still go for some health insurance ?

Ans: I think the coverage is sufficient for you. Hence no need to buy additional insurance

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Answered on Jun 17, 2024

Question by Amit - Jun 15, 2024Hindi

Hi, I have housing loan of 21 lakh and still possession is not received. I am paying housing loan emi of 20000 per month, still principle amount is pending 19 lakh. I want to close loan or reduced Principal amount. My monthly income is 64000,

Ans: you may need a proper plan to reduce or close your loan. you may prepay a part of the loan from any amount that you receiveas windfall like bonus,etc.

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Answered on Jun 17, 2024

Question by Jagadesan - Jun 15, 2024Hindi

What do we do the add pre existing disease in ICICI Lombard now and my policy is almost renewed thrice

Ans: you can ask your insurance agent to update the information with the company. please note that your premiums may increase post this. I would suggest that you add the information as a new updated information.

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Answered on Jun 17, 2024

Asked by Anonymous - Jun 17, 2024Hindi

Hello Sir, Myself Abhishek and I am 30 year old with 1lak salary... I have fixed deposit of 12 lakhs and 3 lakhs invested in stocks and 1.3 lakhs invested in mutual fund. I have a PF amount of 6.5 lakhs. Planning to retire by the age of 40. Any suggestions pls

Ans: Dear Abhishek, as per my opinion, looking at the rising inflationary environment and increasing life expectancy of people, I don't think its a good idea to retire at 40.

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1

Answered on May 20, 2024

Asked by Anonymous - May 17, 2024Hindi

Hi all, I am a 19 year old college student recieving a pocket money of 15k per month. My monthly expenses are almost 5k per month and i try to invest 5k each to mutual funds like quant midcap and small cap each month. I have started investing almost 3 months back. Could u pls advise what is the maximum possible amount I can make in the next 10 years if i do this consistently and pls advise what changes i can do to my investment tactics

Ans: You can put this formula in excel and get your answer. The answer may not be exact amount. But may be a close one. Also, the value will depend on market conditions as well. If the markets are doing well, you may accumulate more, and visa versa.

Fv(11%/12,10*12, -10000(sip amount),- current existing investment amount, 1)

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Answered on May 20, 2024

Asked by Anonymous - May 17, 2024Hindi

I am age of 30 years. I was investing from 2021. I have 7lakh in stocks, 8 lakh in MF, 3 lakh in FD, 1.5lakh in ppf, 1 lakh in NPS. I've 10lakh health insurance and my parents have 10lakh health insurance. I also have a term insurance of 50lakh for me and 50lakh for my wife. I'm earning 1.8lakh in a month. And have debt of 5 lakh. I'm willing to invest next 5 year. I want a corpus of 1cr. What is the amount I need to invest and where should I invest?

Ans: Dear investor, I need alot more information to evaluate your portfolio. I suggest you can reach me at www.beyondlearningfinance.com to get detailed evaluation of your portfolio

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Answered on May 20, 2024

Question by Preetam - May 20, 2024Hindi

I am 47 year old planning to retire at 55 year currently from Jan24 started investing 25000 in equity mutual fund, have 10,00,000 in ppf, will get around 25,00,000 of pf n gratuity on 55 years, I have HL emi of 22,000 for next 15 years, I want a corpus of 1Cr in 8 years my take home salary is 90,000 Pls suggest

Ans: Dear investor, I need alot more information to evaluate your portfolio. I suggest you can reach me at www.beyondlearningfinance.com to get detailed evaluation of your portfolio

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Answered on May 20, 2024

Asked by Anonymous - May 18, 2024Hindi

Hi Sir, I am 48 yrs old and I have invested in the following funds.. I have one sip of RS. 2000 in Mirage asset emerging bluechip fund since 2020 March. According to market position at present I frequently invest in these following funds 1. Quant active fund 2. Quant flexicap fund 3. Quant small cap fund 4. Canara robeco bluechip fund I have another funds in which I am not ivesting now but it gives me thrice returns. These funds are also in my portfolio * DSP small cap fund * HDFC midcap opportunities fund * ICICi pru value discovery fund

Ans: Dear investor, I need alot more information to evaluate your portfolio. I suggest you can reach me at www.beyondlearningfinance.com to get detailed evaluation of your portfolio

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Answered on May 20, 2024

Asked by Anonymous - May 17, 2024Hindi

Hello Sir Good afternoon, Actually I am planning to invest onetime 2,00,000rs for 25 year in mutual fund..Is it good idea and also can you please suggest good mutual fund in which i should lockin my above amount for good returns?

Ans: Yes saving your money is always a good idea. If you are a first time investor then may be index funds or bluechip funds can be a good thing to start with.

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Answered on May 20, 2024

Question by Dipti - May 17, 2024Hindi

Dear Sir, I am running my own recruitment firm where I am the only person working and sometimes my wife help me in the process. I earn monthly around 1 Lac. I want to expand my business I am planning to take personal loan of rupees 10 Lac and invest the same in business for future growth (where I can have aorund 3 member helping me in the process) but my concern is I do have some EMI to pay which comes around 45k per month. Also my business is bit voaltile sometime I get nothing in month and sometimes I earn around 2.5 Lac. So my question is can I take personal loan and pay off my other EMI aorund 4 lacs so that only 2 EMI's will be left one is Home Loan 19k and other of personal loan around 20k. Kindly advice please keep my name anynomous

Ans: Without proper evaluation,I cannot suggest much. But you may opt for loan consolidation option with banks.

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Answered on May 20, 2024

Asked by Anonymous - May 18, 2024Hindi

My wife DOB Oct 58,has health insurance from a reputed Health Insurance provider with cover of 3 lakh ( NCB 78000) since 2009. In the last renewal premium paid was Rs. 38000 for covering 2022-24. Now the renewal premium demanded for 2024-26 for 3 lakh is raised to Rs.73000/. On checking with the Insurance provider the reason is--- change of tier 65-70 Yr. copay change and price escalation etc. . They are unable to give details of various heads on which this increase is attributed. It is difficult to digest the two fold increase of premium!

Ans: We can understand. You may check with other insurers if they have a better plan.

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Answered on May 20, 2024

Asked by Anonymous - May 18, 2024Hindi

Hi sir my age 29 , don't have any savings sir how to start my savings and where please help me sir

Ans: Saving is very simple. Create a budget. Based on the budget see how you can increase your income or decrease your expenses. Both will result in savings. It is suggested that you save atleast 10% of your income.

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Answered on May 20, 2024

Question by ASHWANI - May 18, 2024Hindi

HOW GOOD IS INVESTING IN MIRAE ASSET AGGRESSIVE HYBRID FUND?

Ans: If it matches your investment style and your investment objectives then you can invest.

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Answered on May 20, 2024

Asked by Anonymous - May 19, 2024Hindi

Hello sir, hope you are doing well...sir I am a 31 yo married women... I have the following mutual funds in my portfolio...can you please review these funds? Also, how much will my portfolio valuation be after 20years & 28years? Here's my MF monthly investments: 1. JM flexi cap fund 2000pm 2. Parag parikh flexi cap fund 1000pm 3. Quant mid cap fund 3000pm 4. Nippon large cap fund 2500pm 5. Tata small cap fund 2000pm 6. Quant small cap fund 1000pm 7. ICICI bharat22 fof 1500pm 8. Dsp nifty 50 equal weight index fund 500pm Total investment 13500pm Annual step up of sip is 5%

Ans: Dear madam, I need alot more information to evaluate your portfolio. I suggest you can reach me at www.beyondlearningfinance.com to get detailed evaluation of your portfolio

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Answered on May 20, 2024

Question by Vijy - May 19, 2024Hindi

I have home loan of 28 Lakh for 20 years, I have paid emi for almost 2 and half year. Current interest rate is 9.5. I have plan to prepay entire loan in next 3 years. I want to know can I prepay the loan or do investment in market? Also the interest rate are very high so can I switch the bank?

Ans: It depends on your financial goals and investment profile. If you have many goals to achieve, then investments will make sense.. but if u are closer to retirement and all your goals are achieved, then prepay the loan. Also, loan refinancing is also a good option if lower interest rates are available

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1

Answered on May 20, 2024

Asked by Anonymous - May 20, 2024Hindi

I would like to invest 1 lacs per month. Where should I need to invest like mutual funds, stock, comercial property or something else??

Ans: Currently..given the options that you have shortlisted, i suggest to start with mutual funds. Do not exit the funds during market corrections. Stay invested.

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Answered on Mar 18, 2024

Asked by Anonymous - Jan 11, 2024Hindi

Sir please let me know Rs 50000/- investment plan for mutual fund lumpsum

Ans: Any index or large cap is a good investment choice.

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Answered on Mar 18, 2024

Asked by Anonymous - Jan 08, 2024Hindi

Hello friends, I have monthly SIP of around 70k. But none in blue chip sector. Can you suggest best and stable large cap mutual fund for SIP of 5k or 10k. Thanks.

Ans: You can invest in quant or icici bluechip fund

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Answered on Mar 18, 2024

Asked by Anonymous - Jan 06, 2024Hindi

Hello Sir,I am 33years old. How should I invest my income so that I do not have to knock any door for help in future. I have recently started investing in mutual funds and bought some equity shares for around one lakh for long term.

Ans: This is a good plan. Please do not stop this if markets are under correction. Continue investing and sit tight.

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Answered on Mar 18, 2024

Question by Binay - Dec 13, 2023Hindi

Hi Sir, I have been investing in the following mutual 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 mutual funds? 2) How much amount will be generated after 15 years? 3) Willing to invest 5000 more, please suggest mutual funds Thanks

Ans: I would request you to contact any professional financial planner for getting your portfolio evaluated as it i will not be able to evaluate with this limited information.

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1

Answered on Mar 18, 2024

Question by Sharanappa - Nov 24, 2023Hindi

My 9/Apri/1993 birthday I have 36000 salary and investing 7500/month in SIP and every month 2000rs I'm purchasing stocks(I take own study), Total 9500/month Mutual funds are direct growth *SBI midcap fund 1000* *SBI consumption opportunity fund 1000* *Canara robeco tax saving fund 2000* *Quant small cap 2000* *Quant dynamic asset allocation fund 1000* *Digital gold 500/month* One year old portfolio 10-15 years time zone For retirement plan

Ans: I would request you to contact any professional financial planner for getting your portfolio evaluated as it i will not be able to evaluate with this limited information.

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Answered on Mar 18, 2024

Asked by Anonymous - Jan 16, 2024Hindi

I want to create a secondary retirement corpus. Accordingly, I want to invest 6 lakhs in the next one year through SIP (starting from April 2024). My investment period will be 20 years. I am 40 years old and have moderate risk appetite. Pls suggest 6-7 Mutual funds for me. Thanks.

Ans: I would request you to contact any professional financial planner for getting your portfolio evaluated as it i will not be able to evaluate with this limited information.

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Answered on Mar 18, 2024

Asked by Anonymous - Dec 21, 2023Hindi

Good afternoon sir,as i want to invest 5000 pm in mutual fund ,suggest me as i am having nill knowledge about fundd

Ans: You can start investing in index equity mutual funds

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Answered on Mar 18, 2024

Question by Ghosal - Dec 20, 2023Hindi

Sir, I am 43 male, plan to make 3.5 cr in 15 years through SIPs and lumpsum, current SIPs are as under: Mirae asset large & midcap 1k, canara robeco equity hybrid 1k, sbi multicap 1k, sbi focused equity 1k, sbi magnum global 2k, sbi magnum child benefit 1.5k, icici value discovery fund 3k. Would you guide me on this please ...?

Ans: I would request you to contact any professional financial planner for getting your portfolio evaluated as it i will not be able to evaluate with this limited information.

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Answered on Mar 18, 2024

Question by Balari - Dec 16, 2023Hindi

Hello sir, I want to invest in mutual funds sip for rs 2000 for 3 to 5 years. Please help me where to invest

Ans: Invest in Index equity mutual fund

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Answered on Mar 18, 2024

Question by Prince - Feb 06, 2024Hindi

Hello Sir, I have started MFs investment recently from last year have low budget. I have started with 1. Quant ELSS Tax saver direct growth (Rs500) 2. SBI small cap fund direct growth (Rs600) 3. ICICI Prudential commodities Fund direct growth (Rs500) 4. Nippon india small cap fund direct growth (Rs500) 5. Quant Small cap fund direct plan growth (Rs1000) I would like to know whether its good to invest in these MFs for longer period 15-20 years. I'll add another 3-4K in the future but for now it'll be the same. Please guide me as I have low budget

Ans: I would request you to contact any professional financial planner for getting your portfolio evaluated as it i will not be able to evaluate with this limited information.

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Answered on Mar 18, 2024

Asked by Anonymous - Dec 14, 2023Hindi

Hello sir, I am 27 yrs old and my monthly income is 1.75 lacs . I am investing 86000 in quant small cap fund and another 35000 in ET MONEY genius high growth portfolio. I am not investing for a particular goal as yet and only for wealth creation. Do i need to make any changes? Thanks

Ans: I would request you to contact any professional financial planner for getting your portfolio evaluated as it i will not be able to evaluate with this limited information.

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Answered on Mar 18, 2024

Question by Roshan - Dec 27, 2023Hindi

Hi sir, I have done multiple funds. 1. Tata Digital fund - 1500 PM 2. Kotak Multicap Fund - 2000pm 3. Axis Growth opportunities fund - 2000pm 4. PGIM Midcap - 3000 PM 5. Mirae asset Large & Midcap Fund - 2000pm 6. Canara Robeco smallcap - 1000pm 7. Sundaram flexi cap - 500pm 8. HDFC NIFTY SMALLCAP250 - 1000 pm 9. HDFC SIlver ETF FOF - 500pm 10. Bandhan transportation and logistics - 300pm I am 23. Should I Stop anything or increase/decrease any amount. How is the fund selection?

Ans: I would request you to contact any professional financial planner for getting your portfolio evaluated as it i will not be able to evaluate with this limited information.

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Answered on Mar 18, 2024

Asked by Anonymous - Feb 03, 2024Hindi

*Sharanappa from kalburgi Karnataka* 30 year old unmarried, including me 3 members in family I have 36000 salary and investing 7500/month in SIP Mutual funds are direct growth *SBI midcap fund 1000* *SBI consumption opportunity fund 1000* *Parag parik tax saving fund 2000* *Quant small cap 2000* *Quant dynamic asset allocation fund 1000* *Digital gold 500/month* One year old portfolio ( around 1.2 lacks) 10-15 years time zone Please review sir *1cro Target* *Risk Agressive* I decided set up SIP 15% Everyone year

Ans: I would request you to contact any professional financial planner for getting your portfolio evaluated as it i will not be able to evaluate with this limited information.

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Answered on Mar 18, 2024

Asked by Anonymous - Jan 30, 2024Hindi

I earn about 2.1 lakhs per month and then have a quarterly payout of stocks about 5lakhs. I live in my own house and I have a House loan EMI of 50k per month and no other expenses. So I have 1.5 lakhs as my savings per month. How should I diversify my investments on monthly basis so that after 5years I should get a return income of 1L per month.

Ans: You can invest in index equity mutual funds currently. And later when you need any additional cashflows , you may start with swp from the same fund.

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Answered on Mar 18, 2024

Asked by Anonymous - Mar 12, 2024Hindi

Hello Sir, first of all thanks for your valuable inputs in this column. Currently my age is 43 & i have corporate insurance policy with cover of 5 lacs . So is it advisable to addon some more additional health insurance cover now or wait till i quit/lose my job ( after next 3-4 years) & than take fresh health insurance. Incase of first case, if i take addon cover of only 1 lac now & than after quitting job at age 46, if i increase health cover to 5 lac, will it anyway help with premiums? I don't have any family/dependent so not planning for term insurance. Thanks in advance.

Ans: Yes. Please purchase additional health insurance for yourself now. As we cannot predict the expenses that will be incurred if you get hospitalised

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Answered on Mar 18, 2024

Asked by Anonymous - Dec 01, 2023Hindi

Sir, I am 31 year old I need 4 lakh monthly income after 60 age. My PF(18000 monthly) plus NPS(7200 monthly) allocation is currently 25 lakh which is increasing yearly per government rule. My Mutual fund allocation approx 1000000 lakh in equity and monthly sip approx 58000 in kotak small cap(5k),axis growth opportunities 5k,canara small cap5k,parag flaxi cap5k,Nippon multi cap11k,and quant small cap6k,kotak emerging 7k.

Ans: I would request you to contact any professional financial planner for getting your portfolio evaluated as it i will not be able to evaluate with this limited information.

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Answered on Mar 18, 2024

Question by Shah - Mar 13, 2024Hindi

Hi Mam, I want to invest approx. 10L for the next 5 years. Which will be a better option? 1. Invest in gold. 2. Fixed Deposit: Which will give me a higher return in a span of 5 years?

Ans: you can invest in index equity mutual funds.

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