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Vivek

Vivek Lala

Tax, MF Expert 

243 Answers | 37 Followers

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

Answered on Jun 20, 2024

Asked by Anonymous - Jun 18, 2024Hindi
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Hello sir, I am 23 years old, just graduated and starting my first job next week. I will be earning around 90k per month and I live at our own house (so no rent). I am planning on investing in MF but don't know where to start or how much to invest. Our monthly expense is roughly 20k and I also have an education loan which I have to start paying soon. I have a goal of saving 1 cr before 30. Kindly let me know where to invest and how much to invest.
Ans: Hello, glad to know that you are interested about investments at such a young age
Assuming 90K is your pre tax income , you will get around 80K in hand post taxes and post EPF
If your house expenses and education loan is 20K + 20K ( assuming ) = 40K , you have an investable surplus of 40K
You can follow the below strategy that I often use for young investors :
Mid cap - 30%
Small cap - 30%
Multi cap - 20%
Emergency Fund ( Payment of term insurance premiums , medical insurance premium and travel fund ) - 20%

If you keep doing this for the next 7yrs and utilise the entire emergency fund on the way, you shall accumulate Rs.44L by the age of 30yrs at 13% XIRR.

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 thoughts on the same
https://www.linkedin.com/in/ca-vivek-lala-21a2038b?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app
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Answered on Jun 19, 2024

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I am 44 years and having SIP investment corpus of around Rs. 15 lakhs...I am investing Rs. 82500 in SIP on a monthly basis. The SIPs in which I am investing include Small Caps - Quant, Axis, HDFC and Canara Robeco; Mid Caps - HDFC Opportunities, Kotak Emerging Equity, Mirae Asset; Large Caps - Axis Bluechip, Mirae Asset; Flexi Caps - Kotak & Parag Parikh; Multi Caps - Kotak & Nippon; Multi Asset - Aditya Birla Sun Life; Tax Saver - Quant ELSS; Technology - Tata Digital India & ICICI Prudential. I want to know if the strategy of investing in so many funds and in different types of schemes correct or do I need to modify my allocation. Apart from these SIPs in Mutual Funds, I am also contributing Rs. 2000 thru monthly SIP in PPF and around 15000 per month in NPS.
Ans: Hello, according to the data given by you , i shall share my thoughts as to how would i construct a portfolio which has a time horizon of 7yrs plus with no emergency fund ( emergency fund is seperate from all this )
Amount that is invested per month = 82500 + 2000 + 15000 = 99500
Mid cap - 30% = 30K ( split in 2 funds )
Small cap - 30% = 30K ( split in 2 funds )
Multicap - 20% = 20K ( split in 2 funds )
Thematic funds - 10% = 10K ( one fund )
PPF - 1K
NPS - 5K
3K remains which can be added in any fund of your choice

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.

Write to me on my LinkedIn profile for further clarifications if any :
https://www.linkedin.com/in/ca-vivek-lala-21a2038b?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app
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Answered on Jun 16, 2024

Asked by Anonymous - Jun 13, 2024Hindi
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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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