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Vivek Lala
Tax, MF Expert
323 Answers | 62 FollowersFollow
Vivek Lala has been working as a tax planner since 2018. His expertise lies in making personalised tax budgets and tax forecasts for individuals. As a tax advisor, he takes pride in simplifying tax complications for his clients using simple, easy-to-understand language.
Lala cleared his chartered accountancy exam in 2018 and completed his articleship with Chaturvedi and Shah. ... more
Lala cleared his chartered accountancy exam in 2018 and completed his articleship with Chaturvedi and Shah. ... more
Answered on Oct 11, 2025
Asked by Anonymous - Sep 16, 2025Hindi
Hi,
My question is
I have my us based company stocks which my company given me.
Now total amount is 20lakhs out of that company provided me 10lakhs and capital gain is 10lakhs.
What could be long-term capital tax on this?
Ans: Indian residents have long-term capital gains from US stocks when the holding period is more than 24 months (or 2 years)
Long-term capital gains are taxed at 12.5% (post 2024 budget, earlier it was 20%).
You can look at diversifying your portfolio since US stock prices are at an all time high and Indian markets have been consolidating for the last 15 months, so good time to invest some monies in India from a 5 year point of view.
Please note that these suggestions are based on your stated goals and the information you provided. It is always a good idea to consult with a financial advisor in person to better understand your risk tolerance, time horizon, and specific financial goals.
Do let me know your views on this on my website or on my LinkedIn profile, attaching the link :
https://www.slwealthsolutions.com/
(more)
Long-term capital gains are taxed at 12.5% (post 2024 budget, earlier it was 20%).
You can look at diversifying your portfolio since US stock prices are at an all time high and Indian markets have been consolidating for the last 15 months, so good time to invest some monies in India from a 5 year point of view.
Please note that these suggestions are based on your stated goals and the information you provided. It is always a good idea to consult with a financial advisor in person to better understand your risk tolerance, time horizon, and specific financial goals.
Do let me know your views on this on my website or on my LinkedIn profile, attaching the link :
https://www.slwealthsolutions.com/
Answered on Oct 11, 2025
Asked by Anonymous - Sep 26, 2025Hindi
Respected Sir I m a retired person I have only income from F&O trading Mutual funds & trading of ETFs & my total income is less than 2.5 lakhs so do I have to file Income tax return or I can skip the return. please reply my thank you
Ans: You should definitely file your returns as its a good practice and since you have F&O and trading income both, you should definitely file the ITR to avoid and future queries
(more)
Answered on Oct 11, 2025
Asked by Anonymous - Sep 28, 2025Hindi
I have just sold a property and with the proceeds I intend to buy a flat and a plot later on.
I am a salaried person and file ITR accordingly.
Now with the proceeds of the property I sold, the amount is not enough to buy both flat and a plot so I will be taking some funds from friends and relatives. Now since they will be transferring these amounts to my account , what are the implications from income tax point of view?
Also right now I plan to buy a flat only and I am searching for a plot, what to do with additional funds I received (as a proceeds from my sale and loan from friends) till then, should I put them in capital gain account or else?
Ans: 1) You should buy the house first within the income tax given limits to off set the tax implication for the house property sold by you.
2) The monies given to you by your friends can be treated as a loan and they will have to show interest income earned by the loan given to you till the time you return them the money borrowed.
3) If the FY changes between selling and buying the house you should keep the money in capital gain account.
4) If you are buying the plot as an investment - i would suggest against it as you are taking a personal loan from friends - instead focus on creating liquid assets which will grow and definitely help you in any emergencies unlike a plot where in case of emergency you will have to sell the entire thing to create any kind of liquidity.
Do let me know your views on this on my website or on my LinkedIn profile, attaching the link :
https://www.slwealthsolutions.com/
(more)
2) The monies given to you by your friends can be treated as a loan and they will have to show interest income earned by the loan given to you till the time you return them the money borrowed.
3) If the FY changes between selling and buying the house you should keep the money in capital gain account.
4) If you are buying the plot as an investment - i would suggest against it as you are taking a personal loan from friends - instead focus on creating liquid assets which will grow and definitely help you in any emergencies unlike a plot where in case of emergency you will have to sell the entire thing to create any kind of liquidity.
Do let me know your views on this on my website or on my LinkedIn profile, attaching the link :
https://www.slwealthsolutions.com/
Answered on Oct 11, 2025
axis large cap fund direct growth switch to which mutual fund
Ans: Hello,
Adding a fund in your portfolio depends on how you are creating your portfolio and what's your goal, timeline and risk appetite for the same
I am not in favor of large cap funds as there are much better options available at much better cost.
You can instead go for Large and Mid cap funds or Multicap funds
Please note that these suggestions are based on your stated goals and the information you provided. It is always a good idea to consult with a financial advisor in person to better understand your risk tolerance, time horizon, and specific financial goals.
Do let me know your views on this on my website or on my LinkedIn profile, attaching the link :
https://www.slwealthsolutions.com/
(more)
Adding a fund in your portfolio depends on how you are creating your portfolio and what's your goal, timeline and risk appetite for the same
I am not in favor of large cap funds as there are much better options available at much better cost.
You can instead go for Large and Mid cap funds or Multicap funds
Please note that these suggestions are based on your stated goals and the information you provided. It is always a good idea to consult with a financial advisor in person to better understand your risk tolerance, time horizon, and specific financial goals.
Do let me know your views on this on my website or on my LinkedIn profile, attaching the link :
https://www.slwealthsolutions.com/
Answered on Oct 11, 2025
Is it worth investing in SBi Dynamic Asset Allocation Fund - Regular Growth
Ans: Hello,
Adding a fund in your portfolio depends on how you are creting your portfolio and what's your goal, timeline and risk appetite for the same
On an individual basis if you just ask me about SBI Dynamic Asset Allocation fund - it's a fund which consists on 55% equity + 35% debt + 1% REITS and rest is cash. If you want a trusted name of SBI and want a defensive fund you can add it in your portfolio
Please note that these suggestions are based on your stated goals and the information you provided. It is always a good idea to consult with a financial advisor in person to better understand your risk tolerance, time horizon, and specific financial goals.
Do let me know your views on this on my website or on my LinkedIn profile, attaching the link :
https://www.slwealthsolutions.com/
(more)
Adding a fund in your portfolio depends on how you are creting your portfolio and what's your goal, timeline and risk appetite for the same
On an individual basis if you just ask me about SBI Dynamic Asset Allocation fund - it's a fund which consists on 55% equity + 35% debt + 1% REITS and rest is cash. If you want a trusted name of SBI and want a defensive fund you can add it in your portfolio
Please note that these suggestions are based on your stated goals and the information you provided. It is always a good idea to consult with a financial advisor in person to better understand your risk tolerance, time horizon, and specific financial goals.
Do let me know your views on this on my website or on my LinkedIn profile, attaching the link :
https://www.slwealthsolutions.com/
Answered on Sep 03, 2025
Asked by Anonymous - Sep 02, 2025Hindi
Answered on Jun 04, 2025
Answered on Jun 04, 2025
Sir my mother in law earn interest income of 8 lakhs. Can she claim deduction under section 57(iii) for payment for seeking professional advice to earn this income? What documents she need to produce to claim such deduction?
Thank You
Ans: The entire income will become taxable but all the other deductions are available for her to get her income down to no tax limit.
(more)
Answered on Jun 04, 2025
My 31L income: What's my tax bill?
Ans: Hello, depends if you select the new tax regime or old tax regime
Can have a detailed understanding for the same on my LinkedIn profile, attaching my profile :
https://www.linkedin.com/in/ca-vivek-lala-21a2038b?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app
(more)
Can have a detailed understanding for the same on my LinkedIn profile, attaching my profile :
https://www.linkedin.com/in/ca-vivek-lala-21a2038b?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app
Answered on Jun 04, 2025
Asked by Anonymous - Feb 01, 2025
Answered on Jun 04, 2025
Answered on Jun 04, 2025
Answered on Jun 04, 2025
Asked by Anonymous - Apr 01, 2025
Answered on Jun 04, 2025
Answered on Jun 04, 2025
My salary income will be Rs 12 lakh and expect a long term capital gain of Rs 2.5 lakh from mutual funds. What will be my income tax liability? The year is 2025-26 FY
Ans: Hello, as per the New Tax Regime, no taxes for salaried people up to 12.75L including the 75K standard deduction.
For CG on mutual funds the tax is 12.5% over 1.25L of gains
(more)
For CG on mutual funds the tax is 12.5% over 1.25L of gains
Answered on Jun 04, 2025
Answered on Jun 04, 2025
Iam a Retd Defence pensioner earning around 3.6 Lakh pension and Passive income around 1.2 from interest,rent dividend etc. I have a Son and daughter aged above 35-40. How much I can Gift them without attracting Tax
Ans: The tax has to be paid by them on sale of any asset, there will be capital gains on all assets
The amount of taxes will depend on multiple things like value of the asset, purchase price, date of sale, date of purchase, etc.
(more)
The amount of taxes will depend on multiple things like value of the asset, purchase price, date of sale, date of purchase, etc.
Answered on Jun 04, 2025
Asked by Anonymous - Jun 01, 2025Hindi
My big question at 50: With ₹88.5L, can I retire early?
Ans: Hello,
According to me a retirement corpus should be 100% liquid and can be used whenever required and generating a return of 2-3% more than the inflation of the country.
Post office NSC, PPF and FD don't beat the inflation and hence not a good option
You can select different categories of funds to make a diversified portfolio that generates higher returns with low volatility and you can start SWP as and when you plan to retire
Selection of funds may play an important role if you go through this route, so kindly consult before you take any steps in this direction
Do let me know your views on this on my website or on my LinkedIn profile, attaching the link :
https://www.slwealthsolutions.com/
(more)
According to me a retirement corpus should be 100% liquid and can be used whenever required and generating a return of 2-3% more than the inflation of the country.
Post office NSC, PPF and FD don't beat the inflation and hence not a good option
You can select different categories of funds to make a diversified portfolio that generates higher returns with low volatility and you can start SWP as and when you plan to retire
Selection of funds may play an important role if you go through this route, so kindly consult before you take any steps in this direction
Do let me know your views on this on my website or on my LinkedIn profile, attaching the link :
https://www.slwealthsolutions.com/
Answered on Feb 11, 2025
Asked by Anonymous - Feb 09, 2025Hindi
How can 35-year-old earning 3 lacs per month secure daughter's future and repay loan?
Ans: Hello, since your aim is retirement you need to decide what's your monthly requirement going to look like post retirement from a 5-10-15-20-25-30 yrs point of view
You are 35 and if you decide to retire at 45 with a 2L SIP and 1crs corpus as of today, you will have about 8.54crs @13% xirr at the age of 45yrs.
A conservative SWP % is about 5-6% which means you can get 4.2L per month from your corpus collected
If you are satisfied with the same you can continue on the same path
Please note that these suggestions are based on your stated goals and the information you provided. It is always a good idea to consult with a financial advisor in person to better understand your risk tolerance, time horizon, and specific financial goals.
Do let me know your views on this on my LinkedIn profile, attaching my profile :
https://www.linkedin.com/in/ca-vivek-lala-21a2038b?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app
(more)
You are 35 and if you decide to retire at 45 with a 2L SIP and 1crs corpus as of today, you will have about 8.54crs @13% xirr at the age of 45yrs.
A conservative SWP % is about 5-6% which means you can get 4.2L per month from your corpus collected
If you are satisfied with the same you can continue on the same path
Please note that these suggestions are based on your stated goals and the information you provided. It is always a good idea to consult with a financial advisor in person to better understand your risk tolerance, time horizon, and specific financial goals.
Do let me know your views on this on my LinkedIn profile, attaching my profile :
https://www.linkedin.com/in/ca-vivek-lala-21a2038b?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app
Answered on Feb 11, 2025
Answered on Feb 11, 2025
Should I Shift One of My Small-Cap Mutual Funds to a Flexi-Cap Fund?
Ans: Hello, depending on the other assets that you hold is when i can answer if you should have multiple kinds of funds or just one category
For example you can follow this rule for portfolio creation :
Aggressive portfolios - small cap 30%, mid cap 30%, multi cap 15%, large and mid 15%, thematic 10%
Remember that past performance is not a guarantee for future returns, and it's always important to review your investments periodically to ensure they remain aligned with your financial objectives.
Do let me know your views on this on my LinkedIn profile, attaching my profile :
https://www.linkedin.com/in/ca-vivek-lala-21a2038b?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app
(more)
For example you can follow this rule for portfolio creation :
Aggressive portfolios - small cap 30%, mid cap 30%, multi cap 15%, large and mid 15%, thematic 10%
Remember that past performance is not a guarantee for future returns, and it's always important to review your investments periodically to ensure they remain aligned with your financial objectives.
Do let me know your views on this on my LinkedIn profile, attaching my profile :
https://www.linkedin.com/in/ca-vivek-lala-21a2038b?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app
Answered on Feb 09, 2025
Answered on Nov 04, 2024
90-Year-Old Indian Citizen Selling Pune Flat: What's the Income Tax?
Ans: Hello, it is the same as it was by using the CII to calculate the tax
Do let me know your views on this on my LinkedIn profile, attaching my profile :
https://www.linkedin.com/in/ca-vivek-lala-21a2038b?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app
(more)
Do let me know your views on this on my LinkedIn profile, attaching my profile :
https://www.linkedin.com/in/ca-vivek-lala-21a2038b?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app
Answered on Nov 04, 2024
55-year-old inherits property, wants to know tax implications of Rs. 150 lakh sale
Ans: Yes the tax will be applicable as if your are the owner of the property when it was purchased by your mom
There are different ways to calculate the taxes
Do let me know your views on this on my LinkedIn profile, attaching my profile :
https://www.linkedin.com/in/ca-vivek-lala-21a2038b?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app
(more)
There are different ways to calculate the taxes
Do let me know your views on this on my LinkedIn profile, attaching my profile :
https://www.linkedin.com/in/ca-vivek-lala-21a2038b?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app
Answered on Nov 04, 2024
Asked by Anonymous - Oct 25, 2024Hindi
Answered on Oct 25, 2024
Asked by Anonymous - Aug 11, 2024Hindi
Answered on Oct 25, 2024
Asked by Anonymous - Aug 12, 2024Hindi
sir,
A Doctor running a two hospitals . 2 nd hospital rent to another Doctor and advance ,rent from another Doctor .
Doubt:
Rental income commerical property or house property treated and advance from another Doctor without interest accepted.
Ans: Both are incomes, one is business income and second is rental income from commercial property
(more)
Answered on Oct 25, 2024
hello Sir! good day. I was an NRI for 14 years in Singapore and still continue to work for the organization in Singapore and draw my sal in Singapore in my account in Singapore . I hold NRE FDs /FCNR deposits/ NRI SB /NRO account . I returned to India due to some personal issues and my organization allowed to work from home . I still hold Employment pass in Singapore . I am still undecided about returning to Singapore which my company is okay with this idea. I am at the moment in cross roads . My question is
I have been filing my income tax every year and for AY 2024-25 I filed RNOR status as i was not away from India for not more than 180days .
My question is
1. Do I have to change all my NRE and FCNR deposit which i hold in a nationalised bank to RFC account and convert my NRE and NRO account to residency . I am not clear at the moment about staying back in India but can go back to Singapore still qualifying for the 180days rule.
2. Do i have to clsoe my account in Singapore and bring the proceed to India?.
3.Whom should I intimate about my account status. To the bank where i hold deposit ?
thanks
Ans: Hello, need some more details for the same
Do let me know your views on this on my LinkedIn profile, attaching my profile :
https://www.linkedin.com/in/ca-vivek-lala-21a2038b?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app
(more)
Do let me know your views on this on my LinkedIn profile, attaching my profile :
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Answered on Oct 25, 2024
Asked by Anonymous - Aug 16, 2024Hindi
I have received a property in blood relation from my brother ,which was purchased in 2003 by him 450000 ,the value now in blood relation 125000,who have to pay capital gain,
I have sold this property un2024 in 3200000 ,this is residential property,
I have to pay capital gain tax ?
Or if I purchased commercial property of 32 lakh
Will I have to pay capital gain tax
Barjindera singh
Ans: Hello, need more details for the same
Do let me know your views on this on my LinkedIn profile, attaching my profile :
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(more)
Do let me know your views on this on my LinkedIn profile, attaching my profile :
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Answered on Oct 25, 2024
Asked by Anonymous - Aug 17, 2024Hindi
Sir,
A person sec 44ad provision itr filed.but assessess purchase of gold jewellery value rs:3 lacs two times f.y.23-24
Question:
Assessess purchase of gold jewellery transaction show in itr returns compulsory
Ans: Gold is purchased after the tax is paid on the income earned
So nothing to be shown regarding gold in ITR
(more)
So nothing to be shown regarding gold in ITR
Answered on Oct 25, 2024
Asked by Anonymous - Jul 26, 2024Hindi
Selling Penthouse for 2.3 Crore: Tax Implications for Ashok Ghai?
Ans: Hello, need some more details for the same
Do let me know your views on this on my LinkedIn profile, attaching my profile :
https://www.linkedin.com/in/ca-vivek-lala-21a2038b?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app
(more)
Do let me know your views on this on my LinkedIn profile, attaching my profile :
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Answered on Oct 25, 2024
A neighbour sold land and price gained was shown correctly in income tax return; but the buyer showed only half the price in land transfer registration documents. If so, is (1) my neighbour or (2) the land buyer who showed only half actual price paid or (3) both liable for prosecutions? Thanks
Ans: Hello, both are wrong as the documents cannot be made by just one party, it has to be signed by both the parties.
(more)
Answered on Oct 25, 2024
I am a 63 years old senior citizen , wish to get approximately 1 lakh per month for my monthly expenses .
Want to know how much amount to invest in mutual funds in SWP. Please suggest mutual funds name to invest .After how much period of investment i will be able to get SWP amount in my account .
Ans: Hello, i am glad you have the knowledge of SWP and you wise to invest in Mutual funds for the same
For an SWP of 1L per month, you have to invest 2crs ( SWP rate is 6% )
Looking at your age and since i don't have the understanding of your other investments, you should make a balanced portfolio
Listing the funds as follows which we have to invest using an STP of 10 to 20 weeks :
Aggressive Hybrid - 10%
Large and mid cap - 20%
Multicap - 20%
Mid cap - 20%
Small cap - 20%
Thematic funds - 10%
SWP can be started when the STP is fully done
Do let me know your views on this on my LinkedIn profile, attaching my profile :
https://www.linkedin.com/in/ca-vivek-lala-21a2038b?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app
(more)
For an SWP of 1L per month, you have to invest 2crs ( SWP rate is 6% )
Looking at your age and since i don't have the understanding of your other investments, you should make a balanced portfolio
Listing the funds as follows which we have to invest using an STP of 10 to 20 weeks :
Aggressive Hybrid - 10%
Large and mid cap - 20%
Multicap - 20%
Mid cap - 20%
Small cap - 20%
Thematic funds - 10%
SWP can be started when the STP is fully done
Do let me know your views on this on my LinkedIn profile, attaching my profile :
https://www.linkedin.com/in/ca-vivek-lala-21a2038b?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app
Answered on Oct 25, 2024
Asked by Anonymous - Oct 22, 2024Hindi
Please advise whether it is wise to withdraw PF and invest in Stock or Mutual Fund for the below scenario .
Age 39, resigned from Indian MNC , while I was abroad, almost 3yrs ago and I understand PF interest will not be paid after 3yrs. (PF is held in the trust account of MNC) .
While my PF is earning interest currently, my previous organisation is charging me 10% TDS.
I might relocate to India in the future and might join an Indian company but I risk losing the benefit of earning interest until I join back in India. And, I lost the tax component charged as TDS for the interest earned in MF.
Ans: Hello, it all depends how much debt exposure you would like to take in your portfolio
At your age, you are going to have an active income for the next 15yrs, so your equity to debt exposure can be about 90% to 10%
And generally your debt exposure should be liquid for emergency purposes
Also for the TDS deducted for any reason, you can claim it back by filing the ITR regularly.
Do
let me know your views on this on my LinkedIn profile, attaching my profile :
https://www.linkedin.com/in/ca-vivek-lala-21a2038b?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app
(more)
At your age, you are going to have an active income for the next 15yrs, so your equity to debt exposure can be about 90% to 10%
And generally your debt exposure should be liquid for emergency purposes
Also for the TDS deducted for any reason, you can claim it back by filing the ITR regularly.
Do
let me know your views on this on my LinkedIn profile, attaching my profile :
https://www.linkedin.com/in/ca-vivek-lala-21a2038b?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app
Answered on Oct 25, 2024
Answered on Oct 15, 2024
Answered on Sep 30, 2024
Asked by Anonymous - Jun 26, 2024Hindi
Answered on Sep 30, 2024
Answered on Sep 30, 2024
Answered on Sep 30, 2024
Asked by Anonymous - Aug 01, 2024Hindi
How can a senior citizen reduce income tax on short-term capital gains?
Ans: Hello, if you are a senior citizen you get a higher tax slabs in terms of your taxes
My suggestion would be that avoid trading in the market and have a long term vision. If the STCG is generated because of SWP, that's a part of the process and you can avoid the tax on the same using the tax slab benefits for yourself.
(more)
My suggestion would be that avoid trading in the market and have a long term vision. If the STCG is generated because of SWP, that's a part of the process and you can avoid the tax on the same using the tax slab benefits for yourself.
Answered on Sep 30, 2024
Will I get tax exemption on LTCG if I reinvest in a new house in 2025-2026?
Ans: Hello, yes you will be getting the tax exemption but just make sure you are following the definition of the Income tax.
You have to show it in the year you sell, if selling as of today, it will be show in AY 25-26
(more)
You have to show it in the year you sell, if selling as of today, it will be show in AY 25-26
Answered on Sep 30, 2024
Asked by Anonymous - Sep 28, 2024Hindi
How can a 42-year-old with a wife and 9-year-old son invest 40 lakhs for long-term returns?
Ans: Hello, currently the markets are high is the tone you would hear on all social media's but it's still far behind from the ACTUAL all time high's in terms of PE.
We are currently doing an STP of 15-30 weeks for our clients in case of any fresh money being invested and we are focusing more on Large and mid cap and multi cap funds, so you use the same strategy and maybe reshuffle your portfolio as and when the mid and small caps become cheaper
Do let me know your views on this on my LinkedIn profile, attaching my profile :
https://www.linkedin.com/in/ca-vivek-lala-21a2038b?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app
(more)
We are currently doing an STP of 15-30 weeks for our clients in case of any fresh money being invested and we are focusing more on Large and mid cap and multi cap funds, so you use the same strategy and maybe reshuffle your portfolio as and when the mid and small caps become cheaper
Do let me know your views on this on my LinkedIn profile, attaching my profile :
https://www.linkedin.com/in/ca-vivek-lala-21a2038b?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app
Answered on Sep 22, 2024
Answered on Sep 11, 2024
Answered on Sep 11, 2024
Asked by Anonymous - Aug 31, 2024Hindi
Answered on Sep 11, 2024
Asked by Anonymous - Sep 10, 2024Hindi
I'm a Student Wanting to Take an Education Loan and Invest: Good idea?
Ans: Hello, that can be a good idea on paper, provided you know that you will get a job after 2 years of studying and you can start with your EMI immediately. Just to put it in numbers :
Loan amount after 2 yrs at 9% - Rs.2376200
EMI will start after 2 yrs , lets assume you select 5 yrs, so the total interest cost will be - Rs.583360
Total Interest = 959560
Value of 12L after 7yrs at 13% cagr = Rs.2823126
VS the second option of taking a loan of 8L and having the same scenario , the interest cost will be = 150480 + 233409 = 383889
Hence by taking a loan of 20L and investing 12L in equity MF for 7 yrs total is a much more beneficial option
Do let me know your views on this on my LinkedIn profile, attaching my profile :
https://www.linkedin.com/in/ca-vivek-lala-21a2038b?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app
(more)
Loan amount after 2 yrs at 9% - Rs.2376200
EMI will start after 2 yrs , lets assume you select 5 yrs, so the total interest cost will be - Rs.583360
Total Interest = 959560
Value of 12L after 7yrs at 13% cagr = Rs.2823126
VS the second option of taking a loan of 8L and having the same scenario , the interest cost will be = 150480 + 233409 = 383889
Hence by taking a loan of 20L and investing 12L in equity MF for 7 yrs total is a much more beneficial option
Do let me know your views on this on my LinkedIn profile, attaching my profile :
https://www.linkedin.com/in/ca-vivek-lala-21a2038b?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app
Answered on Aug 25, 2024
Asked by Anonymous - Aug 23, 2024Hindi
5000 for SIP: One Large Cap or Three Smaller Ones?
Ans: Hello, there are multiple options of funds in mutual funds to be invested in. The selection of funds depends on your duration of investment , understanding of the volatility of the markets which in turn will make your funds volatile depending on the category of funds.
According to me if your time duration is more than 7 yrs , you can do the following ( assuming your emergency corpus is taken care of ) :
Small cap - 2000
Mid cap - 2000
Multicap - 1000
Please note that these suggestions are based on your stated goals and the information you provided. It is always a good idea to consult with a financial advisor in person to better understand your risk tolerance, time horizon, and specific financial goals.
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According to me if your time duration is more than 7 yrs , you can do the following ( assuming your emergency corpus is taken care of ) :
Small cap - 2000
Mid cap - 2000
Multicap - 1000
Please note that these suggestions are based on your stated goals and the information you provided. It is always a good idea to consult with a financial advisor in person to better understand your risk tolerance, time horizon, and specific financial goals.
Answered on Aug 25, 2024
Answered on Aug 25, 2024
Asked by Anonymous - Aug 23, 2024Hindi
Want to Invest 5 Lakhs for a Second Income? Here's What You Need to Know
Ans: Hello, you can create a balanced portfolio in mutual funds by selection 2 funds for the same
One can be a multicap fund and other can be a large and mid cap fund 50% each
Your SWP amount should not exceed 6% of the corpus invested
Also if you have active income and don't need any passive money, you should defer the SWP as per the cash flows
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One can be a multicap fund and other can be a large and mid cap fund 50% each
Your SWP amount should not exceed 6% of the corpus invested
Also if you have active income and don't need any passive money, you should defer the SWP as per the cash flows
Answered on Aug 22, 2024
Asked by Anonymous - Aug 19, 2024Hindi
NRI With ULIP: Should I Cancel Policy for Apartment Down Payment?
Ans: Hello, the ULIP can be redeemed after 5yrs anytime and the money received will be based on the NAV of the fund selected by you
No tax implications in India as the investment is in ULIP, you have to ask your CPA or your accountant for the tax liabilities in the country of working
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No tax implications in India as the investment is in ULIP, you have to ask your CPA or your accountant for the tax liabilities in the country of working
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