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Ans: Hi Pankaj,

It is really great that you have build a good amount at your age. Let us analyse all in detail.

You are looking forward to build a 10 crore retirement corpus in next 10 years. And your current investments include:
- PF - 50 lakhs; 40k monthly contribution will grow it to 2 crores in next 10 years.
- PPF - currently 2 lakhs. Any further contribution is not required as it gives only 7% tax free return. Rather redirect the monthly investment amount to aggressive mutual funds.
- SSY - currently 8 lakhs and further yearly deposit is good for you to continue.
- MF - currently 15 lakhs with a monthly SIP of 1.25 lakhs. This will grow to 4.5 crores if you do a step up of 10% with an assumed CAGR of 13%.
- Another major portion of your current assets is in real estate which offers less liquidity as compared to other assets. Total net value is 28 lakhs + 25 lakhs + 90 lakhs + 1 crore >> totalling to 2.4 crores and a loan of 67 lakhs. (not counting the self use flat as that is a necessity, not an asset that you will sell).

You are considering selling your flat worth 50 lakhs from which you will get 28 lakhs. You can reinvest this entire amount in mutual funds to meet education requirement for your daughter's education.
Although this amount will not be sufficient, you will need more monthly or lumpsum investment for this particular goal.

>> Your goal to reach 10 crores after 10 years will only fulfil if you liquidate another 1 or 2 properties that you hold. This will lessen the burden of education goal, release your EMI burden and increase your focus on increasing monthly SIP to more than double of the current value.

This way you can fulfil your goals. But make sure that the funds you are currently investing in are as per your risk appetite and other factors. Any misalignment can negate the overall required performance.
Thus it is better for you to connect with a professional advisor who will help you wrt mutual fund investment.

Hence do consult a a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi Madhumohite,

The funds mentioned and selected by you are not recommended due to their concentrated nature, these will underperform for quite a while more and will take a good time to recover.
Markets are quite volatile and you should ideally wait for some more time.

In the meantime, avoid investing in new funds. Also please share how you selected these funds - your own research or someone's recommendation?
In either case, avoid doing that. Instead connect with a professional and he/ she will guide you appropriately.

HDFC Balanced fund is a good fund, rest all funds need reallocation.

Hence do consult a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi,

Based on your portfolio size (14 crore in India + $1.5M USD in Ireland), you are actually above the threshold where professional estate planning is highly recommended. Your goal to avoid probate for your wife and kids is achievable through proper structuring.

A private family trust is ideal for this level of wealth to ensure a seamless transition, avoid court-involved probate, and manage assets for beneficiaries.

- For Indian assets: Can set up a revocable/irrevocable private family trust in India. Upon your demise, the Trustee changes automatically (e.g., your wife) without needing a probate court's intervention. Please note that, while setting up a trust, FEMA compliance is crucial
- For International Assets, create a separate Will for these assets, compliant with the laws of the country where you reside, to avoid complex cross-border probate issues.

Or you may choose to draft two separate wills, one for Indian assets and one for foreign assets.

For law firm, please connect with your family or your CA here in India and choose a known reputed firm to proceed with the above.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi,

It is not recommended to take loan for investments. Markets are always volatile and no one can guarantee returns generated over them.

Hence avoid taking loan to invest. Rather save from income and invest.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi,

With current financials, it is almost impossible to reach 5-6 crores in next 6 years. You cannot generate double return overnight.
A comprehensive and detailed investment can make 2 crores after 6 years. Continue with SIP of 60k in equity funds and shift 15 lakhs from stocks to mutual funds as direct stock investment requires time and energy.
- your bank fd is your emergency fund
- NPs is retirement corpus
- property cannot be sold if you're living in it.

Start judicious investments or may consult a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi Vijay,

While you have shared a lot about finances, it would be better if you could have mentioned your age as well for me to guide you better. Exact details would have helped me to guide you in a better concise way to plan your finances.
Please share other mandatory details. Also will try to help you without age for now.

- this is a case of 'asset rich & cashflow tight'. Your total income is Rs. 1.81 lakhs and emis of Rs. 2.26 lakhs with expenses of 90k.
- prepay the loan of 58 lakhs; this will improve your cashflow by 71k per month.
- consider closing loan 3 of 61k per month emi.

When you close the 2 loans, your overall cashflow will become positive; total emi will reduce drastically by 1.32 lakhs.

- Do not close loan 1. Kepp it active and keep paying EMIs on time.

When Rs. 1.8 crores arrive, I suggest the following wrt goals you mentioned:
> Keep some amount as your emergency fund in liquid funds. keep a minimum of 10 lakhs for this purpose.
> Education Goal - requirement in 2031 and 2036 - invest 60 lakhs for this goal in hybrid funds.
> corpus requirement in 2042 and 2046 - invest 1 crore for this goal in multicap funds and other aggressive hybrid funds.

- use the rent of 37k to invest in REITs instead of buying a commercial space as property is not liquid where as REITs are. And buyin a property would mean going for 1 more EMI. Avoid the new emi.

Also, would suggest you to go for a professional advice to start your investments in a holistic way to fulfil your financial requirements within the specified timelines.

Hence do consult a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi Vitaan,

The current MF portfolio is highly overlapping and is not recommended. It is better for you to go with maximum 4 funds to continue your SIPs. Stop other SIPs.
Always take a professionals help to select funds as Direct funds like this generate lower returns than regular funds if investment not done correctly.

Hence do consult a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi Devarajan,

If you are unable to buy any property to save tax, then you have an alternate to invest in bonds u/s 54EC. But this investment could have been made immediately post sale within the 6 months timeframe.

However, all timelines are passed. Wait till May for your luck or you will have to pay Capital Gain Tax.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi Dhirendra,

There are many funds out there and investing in them totally depends on the risk appetite and overall profile of the investor.
If your risk appetite is high, you can choose to go with equity funds to get return of 12%.

However investing based on return is not recommended. Connect with a professional to start investing in the right way.

Hence do consult a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi,

At the age of 56, with ongoing contributions, you do not need a scheme certificate. The pension is payable upon turning 58, provided you have at least 10 years of total service.
>> Scheme Certificate is generally needed if you leave service before the age 58 and have over 10 years of service, to carry forward pensionable service. Since you are currently working, this is not mandatory for you now.

You must file a transfer request (Form 13) manually via the UAN portal to consolidate your Rajasthan and Delhi PF accounts. These are not automatically merged.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi,

Small caps funds have been down for approx a year now. If your goal is for long term, hold your investments.
But if your goal is 1-2 years away, withdraw 50% of investments an move it to hybrid funds.

However, it is always better to diversify instead of using just one fund. Hence choose another flexicap fund to diversify your overall risk.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: You need to pay atleast more premiums so as to get something back after 5 years. As you have paid only 1 premium, you'll not get anything back.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi,

More strength to you for handling such a difficult phase and managing everything. Let me analyse the things for you in detail.

- No loan liability currently and using PF money to support current expenses.
- Current house deal - 60 lakhs expected in next 5 months.

> You should invest the entire amount very judiciously and with proper guidance. Avvoid rushing into wrong decisions and do not trust random people.
Connect with professional advisors to park your money wrt your current financial goals.

1. Put 5 lakhs in FD or Liquid mutual funds as your emergency fund. This amount will be helpful in any uncertain situation.
2. Take a proper health insurance for yourself and the newborn. With increasing healthcare costs, it is vital to have incurance with you all the time.
3. Take a term insurance to secure the future of newborn.
4. Invest 20 lakhs in equity mutual funds for the education expenses of your child starting March 2029. A right investment will turn into 25 lakhs in next 3 years. Take professional help for this.
5. Invest 10 lakhs in equity and aggressive funds for next 16 years for your child's higher education expense. Since it is a long time period, can choose the suggested category. Go with the professional's advice.
6. You are now left with 15 lakhs for your consumption. You should invest it for your retirement, will turn into 1.7 crores by the time you turn 60.

As you are actively looking for a new job, hopefully you'll find it and will be able to manage your monthly expenses of 35k from the same.

Do consult a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi,

This is a very critical situation you're in right now. A huge amount of 1 crore is very hard to use in online transactions such as mutual funds or anything like that.
The only viable option is to go for another rent yielding property.

I would suggest you to not accept hard cash of such huge amount as it can be problematic.
Do consult your CA before making any decision.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi,

More strength to you for handling such a difficult phase and managing everything. Let me analyse the things for you in detail.

- No loan liability currently and using PF money to support current expenses.
- Current house deal - 60 lakhs expected in next 5 months.

> You should invest the entire amount very judiciously and with proper guidance. Avvoid rushing into wrong decisions and do not trust random people.
Connect with professional advisors to park your money wrt your current financial goals.

1. Put 5 lakhs in FD or Liquid mutual funds as your emergency fund. This amount will be helpful in any uncertain situation.
2. Take a proper health insurance for yourself and the newborn. With increasing healthcare costs, it is vital to have incurance with you all the time.
3. Take a term insurance to secure the future of newborn.
4. Invest 20 lakhs in equity mutual funds for the education expenses of your child starting March 2029. A right investment will turn into 25 lakhs in next 3 years. Take professional help for this.
5. Invest 10 lakhs in equity and aggressive funds for next 16 years for your child's higher education expense. Since it is a long time period, can choose the suggested category. Go with the professional's advice.
6. You are now left with 15 lakhs for your consumption. You should invest it for your retirement, will turn into 1.7 crores by the time you turn 60.

As you are actively looking for a new job, hopefully you'll find it and will be able to manage your monthly expenses of 35k from the same.

Do consult a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi,

Looks like you do not have any knowledge in this regard.
Consult a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Gold is the best investment. Make sure to buy it from RBI regulated platforms only.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi Sharath,

You cannot use the home loan in investments. This is illegal. If you have excess, best would be to return the same to bank and reduce your overall EMIs.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi Sanjeet,

Return of premium in term policies is a very bad rider to choose. It increases the premium cost upfront.
One shouldn't expect any return of premium from such polices as their is no greater gift than being alive for more than your insurance.

Go for a simple policy without any rider.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi,

Let me address your query one by one in detail:

- Monthly Income - 1.5 L ; Monthly Expenses - 50k; left with additional 1 lakh per month to save.
- FD - 21 lakhs. It is a very huge amount to keep in FD. Keep only 4-5 lakhs as emergency funds and move the rest into hybrid mutual funds. As FD interest is taxable on accrual basis and net return is even less than 5%. Consider redirecting the excess fund.
- You have corporate health insurance. You should buy additional personal health insurance as well as the corporate benefit will end when you will leave your job. Buy now so as to remove excessive premiums in the future.
- Also consider buying a term insurance worth 2 crores for safeguarding the future of your family.
- RBI Bonds - 5 lakhs. Continue holding, it is a good debt instrument.
- SGBs - hold till their validity date.
- Physical Gold - again keep holding the same.

Current ongoing monthly investments - 45k per month.
> LIC - 8500. LIC policies are not recommended as the net return given is only 4-5% and locked-in. Try to finish this or surrender this policy and avoid buying other policy in future.
> PPF - 5000 per month. It is good, continue till the term of 15 years is over and extend further til lyour retirement.
> NPS - 12k per month. Very good and continue this till you retire.
> Monthly SIP - 19k per month.
I can see the funds mentioned are all direct funds. Whilst direct are quite popular and over rated but choosing regular funds with proper guidance beats the return generated by a direct fund portfolio.
Your current fund selection is very over-diversified and doesn't seem inline with your profile. It needs a total reallocation in proper new funds.
STOP your current SIPs, connect with a professional, shift current accumulated money and start fresh SIPs into the new recommended funds. As a portfolio like this will only disappoint you in the future.

You also have a surplus of 50k for additional investment per month. Try increasing your monthly SIP from 19k to 45k per month for a secured future.

- FD: keep only 4 to 5 lakhs and shift rest.
- Rest amount into hybrid mutual funds.

Also do consult a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi,

You should have a current corpus of 3 crores to get 2.5 lakh per month for next 30 years.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi Ramkumar,

Firstly, kindly let me know if you're planning to retire now at 55 or at 60. Getting 3 lakhs per month with current allocation and numbers is quite tough. Some immediate changes are required, discussed as below:
> You have 2 crores in FD. Its good but FD provides very low return. If you're looking for a higher payout in retirement, you need to allocate this amount into high return yielding instruments such as a mix of hybrid and equity funds.
Keep 36 lakhs aside in FD as your emergency fund and redirect the remaining amount into mutual funds under guided advice.
> 64 lakhs PPF, 16.5 lakhs NPS & 16 lakhs EPF - all are very safe instruments for wealth protection. These 3 can cover you requirement for initial years of funds post retirement. Continue these till your retirement.
> 55 lakhs in Direct Equities and SGB - Direct stock investment is not recommended if you do not have knowledge and time. Consider moving the amount invested in stocks into flexicap mutual fund for their better management and continue holding the SGB's
> 37 lakhs in MFs - very good. make sure you have selected the right funds though.

If you follow the above advice and choose to redirect funds from FD and Stocks into mutual funds, a proper retirement strategy will be applied by a professional (into a mix of funds) which will cover your monthly expenses till 80.

If done correctly, you can manage to withdraw 2.5 lakhs per months without exhausting your corpus ever.

Do consult with a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi,

I understand your concern regarding the Guaranteed Income Plans and sadly plans like this works this way only. No liquidity, 5-6% calculated actual return and very high hidden charges.
My suggestion to you would be to surrender it at loss and rather invest 5 lakhs per year in mutual funds. Doin that correctly will give you 73 lakhs after 8 years which is quite good amount and no concern for liquidity.

It is always necessary to choose investments very carefully.

If you do not have knowledge of how to start your mutual fund journey, do connect with a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi,

Agreed that your selection of funds is quite scattered.
You have 2 mid cap funds and 2 small cap funds. Merge into 1 fund of each category. Choose MO Midcap and Nippon small cap.

Also move your existing investment from ICICI LArge n midcap fund to gold FOF for better exposure.

It is always advisable to connect with a professional. Hence consult a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi,

Arbitrage funds are still a very tax-efficient choice for STP (even after Budegt 2026).
Make sure to have a 6-12 months of STP for 5 lakhs to capture best market movements.
- Even with increase in STT, arbitrage funds are taxed at 15% for STCG providing better post-tax returns.
- Equity savings funds are type of hybrid funds that invest 30-40% in equity, 30-40% arbitrage and 20-30% in debt funds. These funds are less volatile than the equity funds but more volatile than arbitrage funds.
- For a shorter term horizon, choose arbitrage funds over equity funds.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi Siddhartha,

Yes schemes like PPF/ SCSS/ NSC and RBI Bonds are 100% backed by the government and carry a sovereign guarantee, thus ensuring full safety of your principal and interest amount.
But FD is not government guaranteed. DICGC offers a maximum limit of 5 lakhs insurance on your FDs.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi Pramod,

It is never a good idea to surrender an existing Term Plan. Hence buy an additional policy of 1 crore, but avoid taking riders such as premium payback and critical illness. Usually these riders are not of much use.
A term plan should be an insurance, do not expect any premium back from the same.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi,

A new PSU can definitely identify your previous employment through NPS records. When you transfer your PRAN (Permanent Retirement Account Number) from the old employer to a new one, the detailed contribution history, including the name of the previous employer(s), is visible in the NPS account statements.

> PRAN Portability: Your PRAN is unique to you, not the employer. When you change jobs, your account is updated with a new nodal office, but the history remains.
> Visibility of Employer Data: The CRA system allows for the tracking of contributions. The new employer can see the previous employer's contributions.
> Background Verification (BGV): While NPS is primarily for retirement, PSU/Regulatory bodies often use detailed background checks, and discrepancies between declared employment and official records (like NPS, PF) can be identified.

Thus it is always good to fully disclose all employment, as failing to do so may lead to issues during verification, especially for government-linked organizations.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi,

- As per the data shared by you, you have a lot of funds and this over-diversification is not good. You should choose 6-7 schemes and invest the whole amount there.
- Continue with your current SIPs in the mentioned funds.
- As your retirement is near, can consider moving some of the funds into hybrid ones to safeguard the generated returns.

Kindly share other details of your current PF and PPF for me to guide you in a better way. And also share current xirr of the funds you're holding.

It is better for you to get your portfolio reviewed by a CFP. A CFP guides you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi,

If you do not need the interest income of 25k, you can consider reouting higher amount from FD to mutual funds.
HDFC Balanced Fund is a good fund to go with.

Share more details of her current monthly SIP for me to guide you better category of funds to put a lumpsum amount.

Or you may connect with a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi,

It is definitely better to invest in mutual fund if you have 5 year time period. It will generate a return of minimum 10% (more than FD) and with better tax structure on redemtion.

However, if you are new, it is better to work with a professional who will select funds based on your customized details.

Hence do connect with a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi Amit,

Your concern regarding commision in regular funds is quite genuine and common these days due to the misleading content shared by some people.
You should understand that a whilst regular funds have comparatively lower expense ratio than direct funds, and this has risen to the direct fund popularity. But in actual a direct fund portfolio is only good if you know all ins and out of the market, have proper knowledge and knows the correct way to invest perse your individual profile.

There are few benefits of regular fund portfolio which is highly overlooked:
- a professional builds your portfolio keeping in mind your detailed profile, funds selction are done based on your risk profile
- a professional knows the best time to invrease your investments, to hold and to shift. They constantly monitor the same and periodically review them

And a regular fund portfolio definitely beats the direct fund portfolio made with random tips and zero or less knowledge.
Hence I would not suggest you to switch from regular to direct funds if you are working with a professional.

Also switching from regular funds to direct will attract tax, there is no way to avoid the taxation.

However, you can get your portfolio reviewed from another advisor and ask them to guide you to make necessary changes.

If you do not have an advisor, connect with a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi Suresh,

Investing 40k per month for 15 years can easily fetch you 1.9 crores assuming a CAGR of 12%.
You need to follow a proper asset allocation strategy for this with large cap (30%), flexi cap (30%), mid and small caps (20%), balanced funds (20%).
Time is your biggest ally here. Follow the investment consistently for coming 15 years and see the magic of Compounding.

Make sure to rebalance your portfolio annualy and review the investments.

However if you are new to this and have limitied knowledge, you should consult a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi Deepak,

It is never too late to start your investment journey for goals like retirement.
A tactful planning can always help you in achieving your goals. Share more details such as your income, expenses, assets, liabilities, saving potential and other financial goals for me to guide you better.

Or you may connect with a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi,

To invest 7 lakhs for 5 years with a moderate risk profile, you may follow a diversified investment approach using a mix of hybrid and debt mutual funds.
An allocation breakup of hybrid mutual funds (40%), debt funds (40%) and flexicap (20%) will be good.

Kindly connect with a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi Deepak,

It is never too late to start your investment journey for goals like retirement.
A tactful planning can always help you in achieving your goals. Share more details such as your income, expenses, assets, liabilities, saving potential and other financial goals for me to guide you better.

Or you may connect with a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi,

You are really doing good at your age. You have saved a substantial amount in your Mfs, stocks and other liquid assets.
You want to buy a rental property in Bengaluru worth 1.6 crores fetching you a monthly rent of 60k. Whilst property prices have surged a lot in past few years there, but with your current financials, you can look forward to buy that property.
- Try and make a down payment of 60 lakhs and a loan of 1 crore making an annual EMI of 80.5k
- Make sure this amount is not more than 30% of your combined monthly take home income. A minimum take home salary of 2.5 lakhs is required.
- Do not take a loan of more than 1 crore from bank as it will add to the monthly burden
- Another point to note here is to have an emergency fund of 6 months worth expenses (including EMIs)
- Liquidating your current investments will attract taxes. Thus do consult an advisor for an efficient planning.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi,

Your concern is very valid. People often confuse Gold Jewellery as an investment. But this is not true. Gold Jewellery is ideally a 'store of value' and a luxury item.
But when we say gold investment, we often refer to the more efficient and regulated instruments like SGBs (now discontinued), ETFs and Digital Gold from regulated platforms.

Gold Jewellery is not considered an ideal choice of investment due to the making charges, GST, resale value and storage risk.

To invest in the instrument which gives best returns post tax, one can opt for SGBs or Gold ETFs.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi Radhanath,

To correct the EPF account details and withdraw the money while residing in another country, your relative must submit a
Joint Declaration Form to the EPFO. This process requires coordination with the former employer and submission of supporting documents.
After this details will be corrected in the EPF portal and visible on Member e-Sewa Portal. Post that UAN can be activated and funds can be withdrawn.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi Srinathan,

Can you please elaborate your monthly expenses for me to help you in a better way.
What you have mentioned is confusing, 25k - currently SIPs and insurance running or want to take that.

List things with little more clarity. Looking for your reply.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi Neeraj,

You are badly trapped in a debt cycle.
Your monthly income - 1.6 lakhs; Expenses - 30k; EMIs - 57k per month and another outstanding loan of 21 lakhs.

I would like to know if your spouse also earns? If she can help in any way financially to get rid of these loans faster.

If no, you can start following this strategy.
You are still left with 60k in hand after all expenses and emis.

We will use 40k from the balance 60k for prepaying laons and 20k for building a future safety net.
>> Try and finish loan 2 first by paying 40k additional for 2 months. Will be done by May month.
> Once it is done, you will have free emi of 10845 and 40k - total 50k per month. Use this amount to finish loan 3.
It will be done by July.
>> Now you have 50k + 10k from loan 3 emi - total 60k. Close loan 4 and 1 as well. Once all these loans are done, by 2027 maximum, you wil have 57k + 40k. Use this entire amount to pay relatives loan every month.
You will br debt free in another 2 years.

From remaining 20k, start building an emergency corpus. Park 20k in FD for 10 months. You will have 2 lakhs as your emergency fund.
Once this is done, start investing 20k per month in equity mutual funds for your secured future.

This way, you can finsih off your loans fast and wisely.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi Anjan,

Sadly this is how LIC works. Pay the balance amount in whatever way you can at the earliest to avoid getting problems in December.
Being a public co., it will take months to get your money back if you delay paying the due amount. It can be forfeited as well.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi Sarvothama,

You are doing great with your iverall investments at such age. Early investment really helps you in the long run. Let us analyse everything in detail:
1. Make sure to have ample emrgency fund in FD or liquid funds.
2. You should have proper term insurance and health insurance for yourself and family. As your spouse is working, she should also have an independent term insurance.
3. 8 lakhs in FD - can be treated as your emergency fund.
4. 6 lakhs in PPF - not recommended as a=you must have your EPF being an IT Professional. PPF is just like EPF, hence make minimum contributions to keep the account active and close it when 15 years tenure is over.
5. Health policy - 5 lakhs >> insufficient keeping in mind rising medical costs. Increase it to a minimum of 25 lakhs family floater for yourself and spouse.
6. 15 lakhs PLI - continue.
7. 15 lakhs + 60k monthly SIP in mutual funds. Very good and you should continue. However, the funds chosen are not exactly great. Entire allocation needs a proper plan in alignment to your profile and long term goal. It is better to work with a professional to choose better funds for your 20+ years goal.
I will not recommend continuing your SIPs in - Quant ELSS, HDFC Retirement Savings, Nippon multi asset and Focused Equity fund.

Hence overall reallocation and distribution in required here.
Do consult a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi Ashish,

You have long 16 years till your retirement and proper guided investment can do wonders with your monthly SIPs.
Your concern regarding Nippon Small Cap fund is genuine but this is exactly how markets work. One cannot expect their money to double in an overnight. It needs patience and proper plan to generate even bare minimum of 12% annual return.

I see all the funds you invest in are direct funds. while direct funds are more preferred as they have lower expense ratio of about 0.5%, regular funds are better as they come with proper plan and guidance throughout.
Generating 2-4% returns in these types of direct funds v/s getting 12% return in regular funds - there is always an option.

However, continue with Nippon small cap, Parag Parikh Flexicap, and Motilal Oswal Midcap fund. Stop SIPs in other funds and work with a proper advisor to redirect these funds into better new funds.

Hence do consult a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi Srinivas,

The fund you mentioned is a sectoral fund and these works like this only. It is not recommended to invest blindly in a random fund and lose your hard earned money.
Stop this SIP and consult a professional to start afresh. Go for a multi cap fund.

Or better work with a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi,

I understand that 3 of you come under salary bracket of 6 to 8 lakhs. And you want to know products suitable for you and both sons. Let us discuss pros and cons of each below along with other major necessities you should have:

- As a family, have a dedicated emergency fund of 6 months worth expenses in FD. If your monthly expense is 50k, have 3 lakhs FD and if monthly expense is 1 lakh, habe 6 lakhs worth FD. This fund will safeguard your expenses in case of any uncertain situation.
- As earning members, all of you should have a pure term cover of 1 crore each. Make sure to take proper term insurance and do not mix with any other rider / policy.
- Proper health insurance for family. Avoid mixing it with wealth policies and other policies. Buy proper health insurance for whole family. Can go for HDFC Ergo as it has the highest claim settlement ratio. Avoid going for cheaper premium policies.

Now, when these 3 requirements are done, start investing the surplus to meet your financial goals. Firstly, list all financial goals and invest.
- SBI Life policies - not recommended. Go for proper Term Insurance of Max Life or HDFC Life.
- Wealth Policies - not recommended as these come with high commission end products. It is always better to keep insurance and investment separate. One shall not expect insurance premiums as investment, insurance is always a cover against unforeseen risk and it should be kept like that.
Hence, do not mix your insurance with investment. Avoid all wealth policies and ULIPs and LIC policies.

For investment, choose the following:
- PPF - not recommended if you have an ongoing EPF.
- NPS - not for your sons as the amounts will be locked till 60 years.
- MF - recommended for all. you can choose from a variety of equity and debt instruments wrt your goals and risk capacity. It will generate upto 15% annual returns to meet your financial goals. Funds in MF is not locked and flexible.
- FD - use it only for emergency fund.
- Share market - not recommended. The way you will not google and cure yourself for an illness, same way you cannot google and invest. Take proper help.

You should work with an advisor who will understand your risk appetite and make an investment plan for your family.
Hence do consult a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi Madhusudan,

Expecting a better yield in 6 to 8 months is not a good idea. For such short term, capital preservation is the only choice. Park this entire amount in an FD and avoid looking for alternatives.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi,

Can you please share more details such as your and father's household monthly expenses, your income, ages and loan details for me to help you better. Also share the details of the assets you currentle hold.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi,

Share more details like your purpose, risk appetite, monthly withdrawal etc for me to guide you better.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Ans: Hi,

Plans like these are not good. This will hardly give you an annual return of 3% on calculation. Plus your money is locked-in.
It is better for you to surrender and redirect your funds to mutual funds to get double returns. Or a simple FD will give you better returns.

Always "keep your investments and insurances Separate".

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/