Sunil Lala

Answered on Nov 08, 2024

Asked by Anonymous - Nov 07, 2024Hindi

Dear sir, I am 47 years old. Recently bought an under construction flat( handover- 2027) and having loan of 52 lakhs for which the EMI will be around 47 thousand. I have sufficient investment in mutual fund, generating return around 18 percent. Should I repay the loan from my corpus or continue the EMI. For decreasing the burden of EMI, can I start SWP from mutual fund. What would be better?

Ans: What is your monthly income

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Answered on Nov 08, 2024

Question by Akash - Nov 08, 2024Hindi

Hi sir, may Abhi 25 years ka hu Mary, income, 10,00,00 rupees Mary income ko Main kaise grow karo

Ans: Put you money in equity SIP and grow your money. Since you are young you have lot many years

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Answered on Sep 25, 2024

Asked by Anonymous - Sep 25, 2024Hindi

How can I invest 2 lakhs a year with returns, risk cover, tax benefits, and withdrawal options?

Ans: Take term insurance and do SIP in equity mutual funds

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Answered on Aug 04, 2024

Asked by Anonymous - Aug 03, 2024Hindi

Earning 1 lakh with a goal of 2 crores corpus - Is early retirement at 55 possible?

Ans: What is click ? Please elaborate your question

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Answered on Aug 04, 2024

Asked by Anonymous - Aug 03, 2024Hindi

Can I retire in 10 years with 20 lakhs in shares, 18 lakhs in mutual funds, 38 lakhs in PPF, 40 lakhs in gold, and 25 lakhs in FDs?

Ans: Yes it's possible to retire with 1 lakh per month but what about your other goals like education of both the children and marriage of both

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Answered on Jul 28, 2024

Asked by Anonymous - Jul 25, 2024Hindi

Can a 24-year-old earning 30k/month buy a 20L house in Bangalore without paying interest?

Ans: Take interst free loan from family and friends

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Answered on Jul 28, 2024

Asked by Anonymous - Jul 25, 2024Hindi

Should I pay off my PPF investment or continue for long term?

Ans: What is your age ? What is your income ? Instead of repaying loan invest the amount in equity mutual funds and let the loan repayment go on as planned

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Answered on Jul 28, 2024

Asked by Anonymous - Jul 25, 2024Hindi

25-Year-Old Software Engineer: Right Track to House & Passive Income?

Ans: You are on the right track but make a good financial plan with help of a certified financial planner to reach to your financial goals

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Answered on Jul 28, 2024

Asked by Anonymous - Jul 26, 2024Hindi

I'm 26 and Have 25 Lakhs. What's the Best Way to Build a Decent Retirement Corpus?

Ans: Why do you need SWP at such young age ? Please elaborate your question

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Answered on Jul 28, 2024

Asked by Anonymous - Jul 27, 2024Hindi

27 Years Old With Rs.27 Lakhs Saved, Targeting Rs.20 Crores: How to Allocate?

Ans: You have 28 long years for your retirement so need to invest in equities or equity mutual fund. As far as insurance is concerned you can have term insurance and you don't need these debt schemes. To have 20 crore you need to invest lumpsum 1 cr today is equity mutual fund or SIP of 85k.

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Answered on Jun 06, 2024

Question by Anand - Jun 05, 2024Hindi

Dear sir i had purchased a commercial property in 2010 for 9 lakhs and now selling it for 60 lakhs how can i save capital gain occured on it? Even ready to invest.

Ans: You have to first calculate the capital gains after indexation and than you can either pay tax or invest in capital gain deposits.
Sunil Lala, CFP
https://m.facebook.com/slwealth/

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Answered on Jun 06, 2024

Asked by Anonymous - Jun 05, 2024Hindi

I am 43, with income 1L, no loan, not married women. I have invested all my income in various instruments , My question is , I want to buy a flat of my own at Rs 1.5 CR, and have 1 crore in investments like mf and fds etc ( will not touch retirement instruments like ppf and nps etc) . is it correct that I use the 1 cr from my kitty or get a loan of 1.3 cr which is the bank is ready to give at 9%

Ans: You have salaried/professional or business income as your loan interest will depend on that.
You don't need FD's as your investment is a long term investment.
Take maximum loan available to you as per the EMI payment.
You can get loan at 8.4/8.5% loan interest.
Sunil Lala, CFP
https://m.facebook.com/slwealth/

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Answered on Jun 06, 2024

Asked by Anonymous - Jun 06, 2024Hindi

i am56 years old. my annual income is 5 lakh .i have loans of20 lakhs(agriculture loan).i want to clear the loan in 2to3 years. is it possible

Ans: What is your expense on self and family and at what rate is the loan taken and the period of loan

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Answered on May 16, 2024

Asked by Anonymous - May 13, 2024Hindi

I am 25 and earning 41k a month. My monthly expenses are 19k and I save around 22k a month. I have started investing in mutual funds and investing 12k/month. My financial goal is to have a corpus of 4-5 Cr at the time of my retirement. Would like to retire at 55. Should I consider investing in NPS? Please advise.

Ans: Increase your SIP in mutual funds as with current investment of SIP you will be able to make 2.25 to 2.5 crore

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Answered on May 16, 2024

Question by Shambhu - May 13, 2024Hindi

I am 45 yrs old .i hv started investing in Mutual fund through Sip approx month 2.4lakh since last 6 month. I hv plan to keep investing for next 3 yrs in same pattern and subject to availability of fund remaining I can continue further for next 5 yrs . Following are investment UTI nifty 200 momentum 30 index - 50 k Nippon nifty 250 small cap index fund -25k ICICI prudential mid cap 150 index fund-20 k HDFC s&p Sensex index fund-20 k Aditya Birla psu equity fund-20 k Motilal Oswal mid cap fund-20k HDFC infrastructure fund-20 k HDFC large and mid cap fund-10 k Quant small cap-10k Nippon small cap -10 k Parag flexi cap- 10 k Mahendra manulife multicap- 10 k Sbi contra fund-10 k Please advise on my fund selection and suggest which plan to to be removed or amend with new plan suggested from you

Ans: Your funds are good

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Answered on May 16, 2024

Asked by Anonymous - May 13, 2024Hindi

Dear All, I am 34 years old. I have 204 lakhs as savings out of with 110 lakhs is debt and 95 lakhs in equity majorly in Large Caps. I own a real estate which fetches me 30k every month. I have a EPF corpus of 28 lakhs and PPF of 15 lakh. I have 1 year old daughter. I am debt free with independent home and a package close to 35 lakhs. I want to know how do I further allocate the money. In Mutual Fund, Gold or SSY or continue to add equity and debt. I want to be Financially independent. Your view would be of great help.

Ans: Increase your allocation in equity or equity mutual fund as you are too young and your goals are long term.

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Answered on May 16, 2024

Asked by Anonymous - May 14, 2024Hindi

I am 30 years old now . Planning to retire early in next 10 years.I don't have any pension flowing in. What will be the corpus required to achieve 1 lakh per month in SWP method. Without reducing the corpus accumulated?

Ans: 2 crores

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Answered on May 16, 2024

Asked by Anonymous - May 14, 2024Hindi

I'm a 36 Year-old parent with two children aged 2 and 3, prioritizing their education and marriage. Mutual Fund - All in monthly SIP (with yearly 10% increase) Mirae Large and midcap - 5500 SBI smallcap - 6500 ICICI value Discovery - 4000 Quant Active Fund - 4000 Motilal microcap - 1000 Axis Gold fund - 4000 (just started) Current MF value - 13.50 Lakhs (incl XXIR - 20%) LIC - 1,00,000 per year (15 years term) already 5 years over. Expectations: Next 15 years, both kids education - 2 cr. Next 20 years, both kids marriage - 2 cr. Could you review my portfolio, if I'm on the right track to achieve 4 crore.

Ans: Your funds are good but you may not reach to your goal of 4 crores

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Answered on May 16, 2024

Question by Vaibhav - May 15, 2024Hindi

Dear Sir, I have revisited my investments and found that some of them are not performing well with respect to their peers in their categories. Can I know your opinion on below funds - HSBC Aggressive Hybrid Fund, Adity Birla Sun Life Focused Fund, Canara Robeco Emerging Equities, SBI bluechip Fund. Should I keep my money invested in them, or should I move the money to better funds.

Ans: What is your age

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Answered on May 16, 2024

Asked by Anonymous - May 15, 2024Hindi

Age - 43years, Own house - Value around 50 Lacs, MF investments - 35 Lacs, Equity SIPs running - 20k, FDs - Emergency fund (5 Lacs), Salary - 30 Lacs p.a., I would like to buy house of 2 crore in next 2-3 years.. when should I sell my current house which is valuing around 50 Lacs to have limited tax liability.

Ans: In the year of buying new house

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Answered on May 16, 2024

Asked by Anonymous - May 15, 2024Hindi

Hello sir, I am 33 years old and started my SIP one month ago with ?4,200/month invested in the following funds: SBI Contra Direct Plan Growth, HDFC Mid Cap Opportunities Direct Plan, Tata Equity P/E Fund, Quant ELSS Tax Saver, ICICI Prudential Equity & Debt Fund, HDFC Small Cap Fund, and Nippon India Large & Small Cap Fund. Can this portfolio get me ?2 crore return after 20 years? Also have plans later can add parag flexi, and quant mid cap.

Ans: Your SIP is 4200/- ?

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Answered on May 16, 2024

Asked by Anonymous - May 15, 2024Hindi

Hi, I would need advice I am 41 ppf is about 20 lakh, epf is 98 lakh, mutal funds is about 8 lakh with annual contribution of about 1 lakh, shares investment is 2.5 lakh worth 4.5 lakh, gold about 2-3 lakh, gold bonds 10gm, income plan about 10 lakh worth about 20 lakh, insurance cover about 55 lakh , health insurance about 10 lakh basic plus critical illness is about 10 lakh more , home loan emi about 65k pm for 9 years 10 months Property investment worth about 2.6 cr Any other suggestions

Ans: You have a good balanced portfolio

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Answered on May 04, 2024

Question by Sathish - May 03, 2024Hindi

Hi, I'm 38 yrs old. Currently my salary is 1.1 lakhs & expenses is 1 lakh including unnecessary loan emi's which will end in another 4 yrs. No investments. Expected to work for another 15 yrs. How much to save more for peacefully retirement. 2 - Kids education & marriage. No own home. Monthly expenses will be 50000 without loan emis

Ans: Start SIP after completing your EMI, I don't know what is the meaning of peaceful retirement for you and what is your goal for marriage and education of your children

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Answered on May 04, 2024

Question by sachchida - May 03, 2024Hindi

Hi i am investing the following sip since last two year CR blue chip fund 5k Nippon small cap 4k Bandhan small cap 5k Quant mid cap 5k Hsbc mid cap 3k Quant flexi cap 5k Kotak multi cap 5k I need 2CR in next 10years. Pls give me any suggestion if you have to achieve my target.

Ans: No you may not be able to reach to the corpus of 2 crores but if you wait for 15 years than its possible to reach to the target of 2 crores elso you have to double SIP amount for 10 years

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Answered on May 04, 2024

Question by Rajeev - May 03, 2024Hindi

Hello sir I am 33 and started sip last year October of 10000/month and business loan with emi 34000/month premium for health insurance 18000 life insurance 5962 quarterly.my monthly income is 120000 I want to invest in such a way that I can retire at 50 with monthly return of 1.5 lav

Ans: To have monthly 1.5 Lakh from the age of 50 you need to have a Corpus of minimum 3 crores. To have this corpus you need to do SIP of 45K for 17 years

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Answered on Apr 29, 2024

Asked by Anonymous - Apr 29, 2024Hindi

I have retired.I want to invest a fixed amount of 5 lakhs for 5 years term.Please advise

Ans: Put in a bank FD or in a multi asset fund of a mutual fund

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Answered on Apr 29, 2024

Asked by Anonymous - Apr 29, 2024Hindi

I am 58 years old just taken VRS investment approx 1 cr details as below 25 lace in FD 15 lace in PPF AND NPS and 30 lacs in mutual fund and approx 25 lacs in property other thanks residential house, is this investment distribution is worth or I have to change investment allocation

Ans: Investment should be as per your goal you can convert your FD in a balanced mutual fund called equity hybrid funds or a multi asset fund

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Answered on Apr 29, 2024

Asked by Anonymous - Apr 29, 2024Hindi

Hi sir, i m 40 yr old , I have a fixed deposit of 70 lakhs and monthly income of 5.5 to 6 lakhs a month, and have no emi going on, let me know how to get financial freedom asap so that i can generate a passive income and free my time .

Ans: Since you are young there is no reason to keep money in fixed deposit, convert it into equity mutual funds ans since you earn 5.5 to 6 lakh a month you can start SIP in mutual funds

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Answered on Apr 29, 2024

Question by Anup - Apr 29, 2024Hindi

Hi sir, I am 26 years old. My in-hand salary is 75K, and I am contributing 10K to PF every month. Currently, I have 3 lakh in FD, 2.4 lakh in PF, and 50K in stocks. I aim to retire by 40 or 45 at the latest. Could you please suggest how I can achieve this? I can save 50K every month and i have no plan to buy any house

Ans: Start investing in equity mutual funds through monthly investment called systematic investment plan

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Answered on Apr 29, 2024

Asked by Anonymous - Apr 29, 2024Hindi

Hello sir i have, 20 lakh loan for 15 years and pay 23 thousands every month emi so please tell me how to settle loan in 5 year's. I ma earning 30 thousands age 24 and how to earn more as a part time.

Ans: What is your monthly expense ? What for you have taken loan ?

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Answered on Apr 18, 2024

Asked by Anonymous - Apr 11, 2024Hindi

Hi ,I am a 25 year old and started earning 50k ...could you please suggest how much should I save? Currently I am saving 25k ...and please suggest where should I invest ???

Ans: 25K saving per month is a good saving. Investment in equity mutual fund is advisable through SIP mode

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Answered on Apr 18, 2024

Question by Mohit - Apr 14, 2024Hindi

Hi experts, I'm a 26M Dentist looking to start my investment journey. I've researched a lot in the last few days and have shortlisted these three funds for Sip investments for 10+ years with a step-up of 10% :- 1)Parag Parikh flexicap 2)Icici multi asset fund 3)Motilal Oswal midcap fund Total investment will start with 7.5k per month. Any opinions, advice regarding these, especially changes to be made and fund allocation with respect to the three are most welcome.

Ans: Since you are so young than why have you kept your investment period only 10 years. Self research has limitations you meet a certified financial planner and learn properly how to create wealth

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Answered on Apr 18, 2024

Asked by Anonymous - Apr 15, 2024Hindi

Am 50 yrs old having a Home loan since Jan 2022 of 40 lac for 15 yrs cleared 10 lac principal amount till date, deposited 10 lac in MF's & 40 lac in FD's, am worried how to increase my fund for the future my monthly income is 50,000 per month

Ans: If your investment period is more than you can covert your FD in an equity mutual fund

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Answered on Apr 18, 2024

Question by Manigandan - Apr 17, 2024Hindi

Hi sir am 33yrd old I have 20lak which I put in FD with interest rate of 7.5% is it ok or I have to change it for better return

Ans: If you understand mutual funds than its advisable to invest in equity mutual funds

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Answered on Apr 18, 2024

Question by Vinay - Apr 17, 2024Hindi

Hi Sir, i am 50 years investing in HDFC top 100 regular - 2k, ICICI prudential blue chip fund regular-3k, ICICI P.H.D. fund direct - 1k, Kotak flexi cap direct - 1k, PPFAS flexi cap direct - 5k, DSP midcap direct - 3k, ABSL frontline equity fund regular - 3k, Axis blue chip regular - 3k, PGIM midcap - 3k, Motilal oswal 500 index fund direct - 1k, Nippon India Multicap fund direct - 3k from last 5 years and want to invest for another 5 years. Any suggestions for change.

Ans: All the funds are good but you have too many fund, if you can manage it than its good. You can put 5k SIP in a good Multicap fund

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Answered on Apr 18, 2024

Asked by Anonymous - Mar 13, 2024Hindi

Hi Sir, I plan to invest in the following funds for 2 years through SIP from April 24. Investment holding time frame is 15 years. Nipon India Small Cap (10K); HDFC Small Cap (10K); HDFC Mid Cap Opportunities Fund (7.5K); Motilal Oswal Nifty Mid Cap 150 Index Fund (7.5K); Mirae Assets Large & Mid Cap (5K); ICICI Pru Value Discovery (10K). All funds selected are of Growth option and Direct investment option. Requesting your expert comments in the fund selection/ amount allocation. Thank You in advance.

Ans: Fund selection is good

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Answered on Apr 18, 2024

Question by Amit - Mar 13, 2024Hindi

Sunil, as a financial expert, given the financial profile of someone like me - a 42-year-old individual earning a monthly salary of 1.6 lakh rupees, owning two self-occupied flats in Mumbai and Pune, with monthly obligations of approximately 70,000 rupees, and an EPF balance of around 30 lakh rupees - do you think it's realistic to aim to grow the EPF balance to 2.5 crore rupees over the next 10 years, possibly through contributions to EPF and VPF? What specific strategies or adjustments would you recommend to achieve this ambitious goal?

Ans: It's better to do SIP in equity mutual funds than putting money in VPF

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Answered on Apr 10, 2024

Question by cyril - Mar 05, 2024Hindi

i am in the merchant navy working as a second engineer , what are the retirement options ? Teaching is not feasible as i reside in Bangalore and there are no marine institutes here .

Ans: You mean investment ?

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Answered on Apr 10, 2024

Question by Satish - Apr 02, 2024Hindi

Currently, I am 50 years, with two kids - one kid 10+1 and a second kid 5 grade. Till now I have invested 31 lakh in MF with 13 Lakhs as capacity gain + 32 in PF + 3 lakhs in FD + 2 CR as term policy ( still 7 lakhs to be paid to cover death coverage till 75 years) + 1CR as personal accidental policy every year payment of 10K+ 5 lakhs LIC Death coverage + few other polices (5) + Own house + two open plots current liabilities 25 lakhs in EMI and 50 K monthly investing in MF, how much money I need to invest further more to have 5 CR as corpus at the age of 58

Ans: What is the current market price of your 22 plots because that would also be the part of corpus

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Answered on Apr 10, 2024

Question by Peeyush - Feb 29, 2024Hindi

Sir, I am 36 Yrs Old having a daughter aged 2. We (me and my wife) have a corpus of 3 Cr invested 70% in equities in rest in debt via FDs, Gold and Debt Mutual Funds. I'll be getting some lumpsum amount in next 2 years and our corpus will grow to 5 Cr in that time frame. How much more do I need to save if I want to retire by 42-43? My monthly expenses are currently 1.2 lakhs per month.

Ans: Your situation is very good so no need to worry

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Answered on Apr 10, 2024

Question by Veera - Mar 11, 2024Hindi

i want corpus of 2 crores within 15 years, i can invest monthly 15 thousands and 5 to 8 lakhs at one time lumpsum. please suggest bets mutual funds to sip and lumpsum

Ans: With this much investment you may not make a Corpus of 2 crore you need to stretch your investments for 20 years.
You can invest in a Multicap, large & mid cap and flexicap fund

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Answered on Apr 10, 2024

Question by Shaming - Mar 13, 2024Hindi

My name is sham i am 45 years old ....i have a newly constructed flat which i have rented for 11000 rent, as passive income ... its worth 50lakhs ..i was thinking of selling it and invest in icici gurenteed return plan by 12 lakh per year for 5 years one year cooling period and from 7th year i will recieve 75000 per month for next 10years as passive income

Ans: This is an Insurance policy, if you want to invest do it in equity mutual funds

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Answered on Apr 10, 2024

Question by SONALI - Jan 05, 2024Hindi

Hello Rediff guru Sunil, I need your advice, I need to withdraw urgent cash of a high amount, while I have both FD and Mutual fund investments with good profit accumulated, please advise shall I break the FD or withdraw from my mutual fund profits?

Ans: Break FD

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Answered on Apr 10, 2024

Question by JITENDRA - Mar 28, 2024Hindi

How much % of the salary to be paid as EMI for Home Loan and How much % to be Invested in Mutual Funds , Gold Bonds and Immovable Properties as Investment.? Pl advise

Ans: Depends on your expenses also

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Answered on Apr 10, 2024

Asked by Anonymous - Apr 08, 2024Hindi

If would i invest monthly 10000 sip after 10 years can i get the complete amount in one shot or do i get it monthly

Ans: In one shot

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Answered on Apr 10, 2024

Asked by Anonymous - Apr 09, 2024Hindi

I'm 22 years old and I invested some amount of money in smallcap funds and I want to redeem this amount after 40 year's. Is it worth

Ans: Yes

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Answered on Feb 28, 2024

Question by rudolf - Sep 19, 2023Hindi

dear nikunj, First of all, thank you for taking the time to review questions from viewers. Your efforts are truly appreciated from the bottom of my heart. I would be really grateful if you could review my investment portfolio. I invest 64,000/- every month in a direct mutual fund, and my plan is to continue this for the next 10 years. ICICI Pru Bluechip - 12,000/- Mirae Asset Emerging Bluechip - 4,000/- Axis Mid-cap - 5,000/- HDFC Mid-cap Opp - 5,000/- Axis Small-cap - 6,500/- Quant Active - 6,500/- Parag Parikh Flexi-cap - 8,000/- UTI Nifty 50 - 6,000/- Navi Nasdaq - 6,000/- Tata Digital Industries - 5,000/- Please let me know if you see any need for corrections or changes in my portfolio. Thank you.

Ans: You have selected good funds in your portfolio

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Answered on Feb 28, 2024

Question by Nimish - Dec 01, 2023Hindi

I am 27 years old IT professional. My monthly income is 90k. PF and VPF 9500 from 90k. Invested 90k in ELSS funds. Have 1.5k SIP in Index fund, 1k in Retirement fund, 1k in small cap fund, investing 50k from last year in NPS as well. I have a home loan emi ongoing which is 49k. I have Recurring deposit of 10k each month which is for creating emergency fund. I have 1Cr. Term insurance policy for which I pay 1360 per month. How do I maximize my savings? Should I increase my SIP amount or start new investments to reach a target of 10 Cr. By age 50?

Ans: Convert VPF & RD in MF SIP to maximise your returns and if possible increase SIP amount

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Answered on Feb 28, 2024

Asked by Anonymous - Dec 01, 2023Hindi

I am 37 I want to retire from job at 40 and start small bussiness. I have made investment as under: MF: 27 lac (by SIP of 15k pm but now increased to 30k from last month.) Share market: approx 18 lac LIC: 3062 per month will get 15 lac on 2031 NPS: 23.00 lac investment of 20k pm directly from salary. Will get when I will be 60 FD of 6.00 lac Loan: 7.5 lac Monthly salary: 75,000/- Expenses: 15-20k Kindly Guide. Target is 60-80k of monthly income after retirement(40).

Ans: To have 80k per month you need a Corpus of approx 1.6 crore

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Answered on Feb 28, 2024

Asked by Anonymous - Feb 20, 2024Hindi

Hello Sir, I am 46 Y Old , and I lost my Job . I have 2 kids . One require money from 2024-2028 ( 6L per annum) other kid require money from 2028-2032. I saved and keep aside 60 L for their education . I have today 71 L of EPF . My wife earn 50 K per month which is sufficent for us to run the home and some money put in health insurance and term insurance. I will reinvest any interest earn from these two invest ments ( 60 L and 71 L). 60 L Break Up is 14.5 L Mutual fund , 25L PPF maturing in 2026, 10 L Government Bond maturing in 2024 3.4 L NSC maturing in 2032, 2.3L gold bond, 2 L Shares, 4 L FD. Please let me know can I have retirement life with 70 K from interests earning if i do not get job.

Ans: As you mentioned that with 50k you run your house so I believe 70k should be sufficient. Your exposure is too high on debt fund type of investments. Convert it into hybrid funds

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