Need Expert Advice?Our Gurus Can Help

Sir, I would take your advice on my future planning, planninby 55 years. Below details, need your help I am 50 years old, having wife with two kids, daughter 14 years (class 8) and son 8 years (class 3) standard. Saving and investment till date: PPF (own and son account) Rs. 18.40 lakh, Sukanya (in my daughter name) RS. 5 lakh, Axis ELSS, Mirae ELSS, Quant ELSS Total Rs. 11.23 Lakh (combined), NPS Rs. 5.27 lakh, Paragh Parekh and UTI Flexi Cap Fund Rs. 5.30 lakh, Bandha Small Cap Rs. 5K, Direct Investment in equity Rs. 34.00 Lakh. Saving account balance Rs. 10 Lakh, Fol Bond 20 grams, Some ornament about 100 grams. One house (staying) value about Rs. 1 CR and one flat (vacant) value about Rs. 1 Cr. Home Loan outstanding Rs. 11.40 Lakh (EMI Rs. 25K), Insurance cover against Home loan EMI Rs. 1K Monthly Expenses about Rs. 1 Lakh PM. (including education and house hold expenses). Earning INR 2.5 Lakh PM. Wated to be reture by 55, can you please advice how to allocate my investment so that my earning can be generated Rs. 2 Lkah PM.

Dear Sir/Madam, I am reaching out to seek your professional advice regarding my current financial situation. I am currently trapped in debt amounting to around ₹25 lakhs, which includes 4 personal loans and 2 credit cards. My present salary is ₹55,000 per month, while my total monthly EMI obligations are approximately ₹85,000. Over the past few years, I have taken multiple loans — often over one another — mainly to manage repayments and household needs. Due to this debt cycle, I’ve been unable to maintain regular payments. For the past six months, I have stopped paying EMIs because of severe financial strain. I have already approached my creditors requesting moratoriums or loan restructuring, but unfortunately, none have agreed. As a result, I am now facing frequent recovery calls, home visits, and legal notices, which have caused me significant mental and emotional stress. I am considering loan settlement as a possible way forward — by taking a gold loan and negotiating with lenders for a 30% settlement. However, I am unsure whether this is the right decision for my long-term financial stability and credit profile. I am 32 years old, married, and have two children and dependent parents. My goal is to come out of this debt trap responsibly, without creating further financial or emotional damage for my family. I kindly request your advice and guidance on: 1. Whether going for loan settlements is advisable in my case. 2. Any better alternatives or structured options to recover from this situation. 3. How I can plan to rebuild my credit and financial stability in the long term. Your honest opinion will mean a lot to me at this stage.

I am 42 years old working as Chief Manager with a public sector bank. I have recently completed 20 yrs of service and looking to take VRS after 5 years. My present assets are as follows: 1. One independent houseworth Rs 1.5 cr with home loan of Rs 50 lacs outstanding 2. One flat worth Rs 1.10 cr with home loan of Rs 42 lacs. 3. Balance in PF Rs 50 lacs, MF value Rs 90 lacs and physical gold of approx 40 lacs. I am presently investing one lac Rs per month in different SIP. I assume that after 5 years, my total portfolio would be Rs 3.4 Cr approx including MF, PF and gratutity. I will close both home loans. I will keep aside 40 lacs Rs for my son's education who would have turned 17 yrs by then. I will create FD of Rs 30 lacs and Rs 10 lacs in debt based funds as an emergency fund. I would be left with around 1.8 cr in MF fund. My present monthly expenses are around 65k. My pension would be around 90k per month at the time of VRS which would be sufficient to take care of monthly expenses including health insurance yearly premium of Rs 25k for 25 lacs+ 25 lacs top up. I am recieving around 25k as rent from flat. I want to explore country and foreign land. For this purpose, I would start SWP of around 40k per month with 6% increase every year ( from MF corpus of 1.8 cr.). I want your advise whether considering all the factors, can I comfortably retire after 5 yrs

Good morning. Me and my spouse are both 43 years old. Working professionals. Have a 11 years old daughter and my parents. 80 years and 67 years respectively. Combined monthly income around 4 to 4.5 lakh(professional). Currnet financial status(COMBINED) PPF- 39 LAKHS(TO BE CONTINUED FOR NEXT 12 YEARS MORE WITH CONTRIBUTION) EUQUITY- 1.25 Cr Mutual fund - 87 lakhs Gold- ETF and SGB LICs(old ones) - maturity value around 35 lakhs at different times. Savings- around 12 lakhs. Emergency fund- 11 lakhs Monthly SIPs- 35000(euity MF)- will increase. stocks buying - long and short term Insurance. Term plan- 2.25 cr and 1 cr Health insurance- self ,spouse and kid- 10 lakh with 90 lakh super top up. Parents- 10 lakh base policy with 20 lakh super top up. Have 2 houses.(one anceatral and one apartment). Need around 65 lakhs for daughter higher education after 7 years. Present monthly expenses around 80 to 85k including everything. Please suggest how we could make it more favourable to retire with peace at around 60 years. Though will continue to work at our capacity after 60. Thanks. Regards.

I am retiring in 2 years from now. I have 2 cr in equity, 1.5 cr on retirement including PF. monthly pension will be around 1.2 lks. I have 2 flats of total cost 1.5 cr . I am health insured. I also have LIC policies of around 35 lakhs. My son is going to give his 12 th after my retirement and daughter is in college and not settled. should I work after retirement as I can get a work of 2-3 lbs per month till 65 years of age. or should I retire with whatever I have. My needs are to live comfortably and get my kids settled and give them an endowment.

Hi sir i got 2lakhs cash in hand which is required after 12months so where to park this fund.. is it good for fixed deposit or liquid fund if it is liquid fund which fund is better

I AM 64 OLD MAN MY CURRENT SALARY IS 1.50. WITH 5O LAKS FD THE IS NO SAVING AND LOAN LIABILTIED.THERE NO HOUSE EXPENSES.PLEASE ADVISED HOW TO SAVE 1.00 LAKH MONTHLY.

I am doing SIP in following with 5000 each. Is this good or need to change anything. Parag Parikh Flexi Cap Fund Kotak Equity Oppertunities Fund Kotak Multicap Fund HDFC defence fund HDFC balance advantage fund Axis Small Cap fund Axis Dynamic Bond Fund SBI gold fund ICICI Silver ETF

I am 38 years old govt Bank employee.My spouse is a software professional and we have a 6 months old daughter.We don't own a house and we are getting rental from bank itself so we don't need to pay rent from our pocket.I can get home loan on low interest rate.We are indecisive about buying a flat because we are not going to live in near future say 10-15 years in that flat as I have a transferable job and need to move every 3-4 years.We are very disciplined in our savings.But since we don't own a house we are in a fear of moving out as property prices are going very high. Is it better to take a loan of 1.20 cr now for a flat in which we are not going to live and maybe put on rent ( but also not convinced in renting the flat ) or should we save till my retirement and then buy a flat with full down payment.?

I'm 39 years old. I've two kids(Elder son & younger daughter), 11yrs and 8yrs. My yearly take home salary is 24lacs. I've a home loan of 26k EMI and still 24.5lacs pending. Current property value is 70lacs. I'm getting rent of 12k from it. I have another property loan (Commercial building loan), EMI of 44lacs pending with EMI of 52.5k. I'm getting rental income of Rs 60k from this. Apart from this I have 10lacs local loan, for which I'm paying 27k everymonth. This local 10lac loan will be over in another 2yrs. I've just started a SIP few months ago for 16k (8k in ICICI thematic FOF & 8k in ICICI multi asset). I'm planning to start another SIP for 19k every month. I plan to afford 20lacs max for each kid for thier education. Also I guess I may need 75lacs for my daughters wedding and 25lacs for my son's wedding. I wish to retire at the age of 50. I also have Term insurance for 1.5crores. Can you please tell whether the SIP of 35k is enough or do I need to invest more every month?. Also can you please suggest category of fund which I have to invest based upon my need and time of requirement. I also have PF balance of around 16lacs and I contribute around 20k everymonth (EePF+ErPF). I have NPS for 5000/- pension.

I am 34 , sole earner for my family.till date I have invested 12.50 lakhs in Mutual funds, FD of 1.8 lakhs , kotka premium 66k per year, maturity date 2037, PPF around 1.5 lakh per year, till now 9.9 lakhs, monthly I invest 50k in Mutual funds. Should I start investing in NPS at my age or stick to mutual funds. I try to invest 50 percentage of my post tax salary each month. Can you please suggest if my portfolio [ CANARA ROBECO LARGE CAP FUND - DIRECT PLAN +38,990.22 Invested 3,43,788.87 LTP 74.09 Qty. 2018.272 • Buy avg. 53.56 +9.17%, EDELWEISS BALANCED ADVANTAGE FUND - DIRECT PLAN +9,913.70 Invested 1,08,094.67 LTP 58.47 Qty. 738.943 • Buy avg. 218.41 +12.60%, HDFC NIFTY 50 INDEX FUND - DIRECT PLAN +20,330.17 Invested 1,61,392.25 LTP 245.92 Qty. 6286.624 • Buy avg. 82.84 +14.10%, PARAG PARIKH FLEXI CAP FUND - DIRECT PLAN +73,446.13 Invested 5,20,780.03 LTP 94.52 Qty. 418.443 • Buy avg. 277.20 +1.52% QUANT SMALL CAP FUND - DIRECT PLAN +1,765.54 Invested 1,15,994.24 ] are good or should I invest in some other mutual funds I am investing from last two years only. Also please suggest should I start any other sources of income as I want get around 5 crore in next 10-15 years and I think only mutual funds will not help here.

My brother, cousin, and I have collectively saved Rs 50 lakhs in fixed deposits. In addition to these FDs, we are also actively investing in mutual funds through SIPs, NPS, PPF, RBI bonds, recurring deposits, and SGBs. We are considering investing the Rs 50 lakhs in real estate and taking a bank loan for any extra amount needed. However, we would appreciate your suggestions on other investment options where we could invest the Rs 50 lakhs as a lump sum to achieve good returns.

Hi I am 31 years old. Married and have one child aged 1 yr. Current my take home salary is 80k. Monthly expenses is around 25k. I am having a personal loan of 6 lakhs and housing loan 39 lakhs. For investment I am putting 3500 per month in NPS, 1000 rs in next 50, 4000 in RD. Apart from this my only PF from my salary is getting deducted as 3500 per month. Now I am planning to close the home loan earlier, and start to invest more for my future as well for my child education and his future. I also need to have some enough amount after my retirement to maintain the same lifestyle.

Hi I am 40 years old who is earning 1.2 L per month income working in private sector. I am the only earner in my family. I have one kid who is in PP-2 (5 years old) and wife along with my mother. She is getting pension of 30 K per month. I have one Home Loan of 20L and personal loans of 5L. My sons school fees is 2L per annum. There are not much savings. I am investing in 50K in ICICI Gift Plan and 50K in Reliance Nippon per year. Started 1 year back. I would like to take suggestion setting up the plan for my child future and also for my retirement plan. I am also thinking of setting up a tea stall in near future. Please suggest

I am retiring in 6 months time and have a corpus of 5.5 cr and would request to help in advising to get an income of 4 lacs per month request to help in various methods of placing the corpus

Hello! I’m 40 years old, my monthly take home is 1Lac. With no debt or liability. My current investments are, 12L in FD, 40L in MF, 4L in PPF, 6L in LIC, 2L in equity. I’m looking at a good retirement plan and a corpus of 3 crores until I retire

I am 60 yrs old and will retire in 2 months time. I have a EPF of 56 lacs and 1cr in equity. I don't have any other savings or income. I want a monthly income of Rs 40k from my investments. Please give your suggestions how can I achieve it. Regards Lal

I am 48 years old. Have one child studying in 12th grade and the younger one in 6th. They both want to study abroad. But I have no seperate investments done for their education or marriage. My current household monthly expenses are around 5L. In terms of my investments i have the following Equity PMS = 1cr Mutual Funds = 2cr Debt Funds = 1cr Physical Gold = 25L EPF = 2.5cr Cash = 50L Real Estate = 6cr in 4 apartments including my residence I earn 1.5L p.m. in rental income and I have no outstanding loans on my property. Do I have enough assets so that I retire by end of this year and have sufficient funds for my childrens education (1cr each) and monthly income from investment and rent of 5L , inflation adjusted over time , so I don't see a drop. - Sam

I am 48 years old central government employee posted in Delhi. I have accumulated PF of 78 lakhs, mutual funds worth 35 lakhs and NPS of 28 lakhs. My wife is homemaker and we have one daughter who is 16 years old. I am planning to take VRS at 52 and settle in my hometown Jaipur. Please advise if my retirement corpus is adequate for family of three?

Retiring With 5 cr at 44 as single male without any dependency. Annual expense Rs 16 lacs.

I had a NSC invested in 02/02/20 of Rs. 400000/ which matured on 02/02/25 with Rs. 185000/ interest. My total tax liability starting from FY 19-20 to FY 23-24 were nil and total income were below exemption limit of Rs 250000/ for all these past years,so I didn't file ITR for these years. Now in FY 24-25 I'll be filing ITR as substantial tax liability is there. Do I've to pay tax on NSC interest of Rs. 185000/ on receipt basis compulsorily or I can pay on accrual basis to save substantial tax ? Thanks

My age us 34 years todate i don't have any steady job also have health problems from childhood and not much education and not very smart. My mother has invested whatever little money i have earned in post office upto 5 lacs.she has invested her money in my name mutual fund upto 20 lacs and 15 lacs lic policies and 5 lacs lic policies single plan and 5 lacs sriram deposits and bank deposit.what other way can money be kept for me

Yearly premium 24260.....i have lic 2011 at age 51. . Jevvan saral 165 plan for 15 years... maturity amount kya hoga

I am a 51 year old widow with one married daughter. My husband left me property worth 2.5 crores and fixed deposits of 1.2 crores. I am currently getting rental income of 60000 per month and my expenses are around 50,000 monthly. Should I continue with fixed deposits only or invest in mutual funds? I want to retire peacefully and not take any major risks. Please guide.

I have a monthly income of ₹2.2L and the following financial commitments: • Home loan outstanding: ₹62L with EMI ₹70K • Mutual Funds (MF): ₹35K/month • Gold investment: ₹5K/month • Chit fund: ₹35K/month • Emergency fund: ₹15K/month • PPF: ₹10K/month • NPS: ₹5.5K/month • Monthly personal/family expenses: ₹30K/month My daughter is currently 1.5 years old, and I want to plan for her higher education, clear my home loan as early as possible, and save for any big future purchases (e.g., car, home renovation). How should I prioritize my investments, manage the EMI and expenses, and plan for her education while also aiming to reduce my home loan burden efficiently?

Hello, I am 38 year old with a wife (32 years) and a 15 month old daughter living in Gurgaon in my parents house. My parents earn Rs 50000 as rental income and have their pensions respectively. The house is worth 6 cr. I and wife's consolidated monthly income is around Rs 350000/- after tax. Addition to it, I get a rental income of Rs 44000/- from flat, the flat is worth 1.3 cr in Bangalore. I have around 5 lakhs in FD. 37 lakhs in Mutual fund (Flexi, ETF, Small cap, mid cap and large cap) and 5 lakh in shares(I generally apply for IPOs). Have around 15 lakh in Savings account. I and Wife are working in Private companies. Savings/Investments SIP - Rs 51000 monthly in 5 funds (mentioned above) Shares - Primarily IPOs - around 15k if it gets allotted Emergency fund - Rs 50000 monthly NPS - 6000 monthly PPF(both I and my wife) - Rs 10000 each monthly Sukanya Samridhi account - Rs 12500 monthly PF - 15 lakh mine and 6 lakh for wife Family floater Personal Health Insurance - 15 lakh that increases every year Office Health Insurance Rental Income from Flat - Rs 44000/- Liabilities : Monthly expense - Home Loan EMI - Rs 55000 (52 lakh home loan balance) Other expenses - Rs 60000 monthly Flat Maintenance - 6000 monthly Hoe much should I save/ invest that should cover - 1) Daughter Education considering her schooling will start after 2 years and then for basic education and higher studies 2) Daughter Marriage 3) Our Retirement 4) If we are planning for another child what changes would be there in above strategies

I am 41 years old. I have 2 kids below 3 years age. My monthly income is 1.50 Lacs and rental income of 60000. I have no loans except one Housing loan of 35 Lacs. I am doing 50000 Sip and have a portfolio of 20 Lacs in Mutual funds and 20 Lacs in shares and 15 Lacs shares. My monthly expenses are now Approx 60000 excluding children education. Children education estimated expenses are 3-4 lacs per annum. I am planning to retire after 5 years. At the time of retirement I will be having the following : 1. Monthly Rental income 70000 2. Monthly NPS Pension 37000 3. Fixed deposit 40-50 Lacs ( interest income 30000) 4. Mutual fund and equity portfolio of 1 crore Is it feasible to retire after 5 years ??

Dear Sir, I have 3 MF which I have discontinued before 10/2020. HSBC MidCap Reg - Amount Bal 3.3 lacs . HDFC Hybrid Equity Amount Bal 3.1 lacs. AB Sunlife Flexicap Amount Bal 3.0 lacs. Should I withdraw these amount and invest lumpsum in my existing MF. I have been investing 20k monthly through SIPs in the following MFs since 10/2021. Parag Pareikh Flexi Cap Fund - 4500 HDFC Flexi Cap Fund - 2000 Kotak Midcap Fund - 4500 Axis Midcap Fund - 2500 Mirae Asset Large and Mid - 2500 Nippon India Small Cap Fund - 4000. My second question: is there any MF from my existing portfolio that I should exist. My goal is to create a corpus of 1 crore in the next 6/7 years.

Dear Sir, I m 43 and married with two kids 9 and 3. Both of us are in private jobs and all r in good health. We have health insurance covering family already as 5 LPA and with NCB it cover till 10 LPA now. We wish to keep aside another 20 Lac ,citing medical costs these days and we plan to have 30 lacs cover . From incomes i am in position to set aside 20 lac in MFs for unforeseen medical treatment requirement of future, while same time i have two more options ,option 2: to buy another health insurance of 10 LPA and with NCB(hopefully) the cover goes to 20 LPA in future .Option 3 is to increase the cover on our existing policy to 15 LPA. Kindly advise which among the three option looks most prudent call ?

I am a 33 year old single software engineer, my take home salary is 225000. I am investing 1500000 pm in ( mostly in mf and small amount in stock).I have accumulated 80 lakh in mf, 40 lakh in stock and 18 lakh in epf.No loan no EMI. My investment is approx 40k in small cap, 30 k in mid cap, 30 k in flexi and multicap,10k in infrastructure fund, 10k in banking and technology fund.I want to continue it for longterm.I have stock ICICI Bank,HDFC Bank, Federal Bank, Reliance,Jio,Infosys,HPCL,Wipro,Bajaj finance,JK laxmi cement, Ashok leyland,BEL,SAIL etc. Is my investment is in right direction.please suggest some mf scheme so that I can change my mf portfolio.

Hi I’m 26 with 36k monthly salary 7L in FD and 10k monthly in MF expenses 15K monthly. How much should I invest more in MF for 3cr by 50 years.

What is difference between mutual fund and etf and the tax angle associated with both.

GD evening sir, My CTC is 18lakhs per annum In stocks mostly in small cap I have invested 14lakhs In mutual funds 12lakh In ppf 10.98 lakhs Sip amt 15k RD 5k One term plan 1crore Health covered by company I wanted to save tax and should I invest in home and investment for my child

I am 83 years and pensioner drawing 60 K pm and have about 15 lakhs in saving bank. Pl suggest suitable Mutual funds to invest this amount. Thanks.

Hello, I am 41 years old, married, no kid. Monthly salary is 1 lakh. I am investing 33000 monthly in MF with existing value as 30 lakhs, 4000 in NPS monthly, 5000 in VPF monthly. Monthly expenses is around 40000, and 16000 emi monthly for 6 years. Want to make 5 crores in 10/12 years time. Please advise.

I had taken a personal loan of 6 lakhs from SBI in June 2019, with which the bank people fooled me and gave me a Smart Platinum Assured policy whose 1st installment was 51000+ which they deducted from my loan of 6 lakhs. After that my insurance installment was not paid and now it has been more than 6 years. I closed the loan in 2021. Can I return my insurance installment on some basis?

I am planning to build my portfolio for long term, with 20k per month investment in equity and mutual funds, currently have around 10 lakh worth of stocks and mutual funds. Please guide for reaching my goal of 1cr portfolio by 2035.

I am 45 years old .I have 7.5 lakh in equity shares, 10 lakhs in ETF, 18 lakh ppf, 18 lakhs fd, 25 lakhs npsT1, 5Lakh NPST2 ,90 Lakhs pf and vpf . I have 02 daughters of 14, 6 year old. I have Sukanya account for both with 10 & 8 lakh. I want to get 1.5 lakhs pm after my retirement at 50 years,is it possible .I have a home loan of 25lakh @7.6% rate. Please suggest how to re-diveraify funds.

I am 24 I invest around 15k in mutual funds and the current investment is around 4lakhs how am I doing and my mutual fund advisor told me to invest 5k in sbi index funds and in-fact I have 60k in it and it has given hardly 1k in profit from over 12 months should I ask him to stop the fund and switch over to an active funds which has given me a very good profit so far And I also wanted to know if it is advisable to do tax harvesting every year That is around 1.5 lakhs ,like should I sell units for 1.5 lakhs and reinvest the very same day to save on taxes later on Thank you

Hello, my name is Ashish, I'm 44 years old, and I work in a Power sector. My take-home pay is Rs.120,000. I have a 15 lakh bank loan and save 15k per month in six mutual funds and 6k in an PPF. Except for this, I have no savings, I have 2 children and wanted to do MBBS education but I intend to fulfill the same and alsobuild a corpus of one crore in the next ten years. Please give me suitable advice on how to achieve my goals.

I am 59 years age working with monthly salary of Rs. 2 lakhs. Own house. No liability. I want invest in mutual funds, shares etc yielding good returns monthly. Are these investments are guaranteed and secure. Pl advice honesty.

Hi, I'm 29 years old I'm earning 62k per month I don't have any loan and EMI's and credit card bills So I need 15L next July means in 1 year so how can I invest and how can I withdraw

I m 52. My SIP is 40000/ month and my corpus is 1.15 cr. I stay in my own house and getting 26500/ month from a house which i have given on rent. I m also getting monthly pension of 35000/ month. My wife is housewife and i have 02 sons 7 yrs old studying in 3rd standard. Family SIP IS 10K Avarage family expenses are over 1.0lac monthly. Suggest me a personal corpus to lead comfortable retirement life at the age of 60?

I AM 79 YEARS OLD.I HAVE MY OWN FLAT AT PUNE AND LIVING WITH MY WIFE ,WHO IS 76 YEARS. ALL OUR CHILDREN ARE WELL SETTLED IN LIFE. I AM STILL WORKING AS A CONSULTANT IN A PRIVATE FIRM, EARNING RS. 1.25 LAKHS. I ALSO HAVE FDs WORTH RS.58 LAKHS, ANS MF AND STOCKS WITH CURRENT CORPUS VALUE OF RS. 1.32 cr. SELF AND WIFE HAVE Mediclaim POLICY WORTH RS.4.5 LAKHS EACH.I INVEST THROUGH SIP IN MF MONTHLY RS.4000 0.00 PL.SUGGEST IF ANY CHANGES ARE REQUIRED. REGARDS, RAMANATHAN

What is the solution to below problem for any middle class person earning 1-1.5 lacs per month owning just a parental home without getting into a loan trap , with monthly expense of 80-85k on basic necessities. 1) Children education and coaching money ? 2.) Children marriage money ? 3.) Funds for self and spouse after retirement to not have dependency on children ? 4.) Money to plan an annual trip in India ? 5.) Money to eat outside food on weekends? 6.) Money to contribute to SIP, PPF , Sukanya,LIC ? 7.) Money to invest even a very small amount in gold/silver ?

I am 38 year old investing in 5 mutual funds 5000 each. Currently getting XIRR 18 %.Started 3 years back to 1 year back. My funds are-Axi small cap fund growth ICICI Prud large cap growth, Motilal oswal midcap growth, SBI contra IDCW-R and SBI large and midcap growth. My daughter is 9 year old, investing for her education by 9-10 years. Are these funds correct or i need to switch

Hello sir it's sirsha here..I am a school teacher, drawing salary of 25000 from school and I do provide private tutions and roughly 20000 more I'm earing ...I have already invested 1500 in Aditya Birla Sun Life psu equity fund direct growth and 1000 icici prudential equity and debt fund direct growth, and 1000 I have invested in ppf , everything is in per month basis.now I want invest more 1500 in fund which will provide me good return in upcoming 3 to 5 years...can you suggest some good mutual fund?

SIR GOOD EVENING SIR MY NAME IS ARUN KUMAR AGE 36 HDFC MUTUAL FUND DEFENCE FUND I WAS EVEN MONTH SIP 5000 NOW AT THE MOMENT 60K ICICI prudential mutual funds daily 21 rupees Now at the moment 9000 invesed Nippon India mutual funds 3000 only at this time my child elder girl 7 Younger son was 5 now this is ok are not plz suggest for me

I have maximum investments in Equity Mutual Funds, Presently I have only income through a consultancy, which can be up to 2L per year. Now if I withdraw some money from Mutual funds (around 3L in year). Then how it can be taxed. Out of 3L, 1L is Short term Withdrawal& 2 L is Long term withdrawal. Also how I can save tax on Mutual Fund withdrawals.

I am 60 with saving in mutual funds around 80 lakh . i want to withdraw 1 lakh per month as my pension. will there be any capital gain.