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Aashish Sood  |114 Answers  |Ask -

CAT, Management Expert - Answered on Feb 28, 2024

Aashish Sood is an IIM-Lucknow alumnus who has been teaching maths and quantitative aptitude to MBA aspirants for over a decade.
He also mentors management student hopefuls for the group discussion and personal interview rounds that follow competitive examinations.
He has appeared for CAT seven times since 2016 and scored in the 99.9 percentile.
Sood has 16 years of work experience as a management consultant, strategy consultant and research associate.... more
Asked by Anonymous - Dec 29, 2023Hindi

I am a 39 yrs old person. I have done my MBA marketing and i am hotel management graduate. I have worked for around 9 yrs in Hospital sales and 3 yrs in hotel Sales and Marketing department. Lastly i was working with a leading hospital in Pune as a deputy manager Sales. I jad to take a break of one and half year in between because of my mother was a liver patient and needed a liver transplant. Now Liver Transplant is done and it is around 7 months, she is all doing fine and good. Now on a professional front i am left jobless because of the break i had to take. I want to start my carrier again. Can you suggest how exactly should i go about. Can u recommend any other carrier other than Hospital sales with my experience and qualification that i can go into. I have liking for sales and marketing. Request you ro suggest something which is related to marketing. I will also want to mention that i am still single in life. I really want you to help me and suggest a good carrier option and also guide in regards with life ahead.

Ans: See it's understandable that taking a break from your career was necessary during that time, and now that your mother is doing well, it's time to focus on your professional growth and development.

Given your experience and qualifications in both hotel management and marketing, along with your extensive background in sales and marketing roles in both hospitals and hotels, I would suggest
1. Many companies across various sectors require professionals with strong sales and marketing skills to promote their products or services. Your experience in B2B sales could be particularly valuable in industries such as pharmaceuticals, technology, consumer goods, or manufacturing.
2. Your experience in hotel sales and marketing could be beneficial in Event management as it requires strong networking, negotiation, and marketing skills.
3. Consider working as a sales or marketing consultant, either independently or with a consulting firm. Consultants provide advice and solutions to businesses to improve their sales and marketing strategies, optimize processes, and achieve their business objectives.
4. With your extensive experience in sales and marketing, you could consider transitioning into a role in education and training. You could become a sales or marketing trainer, teaching others about effective sales techniques, marketing strategies, and customer relationship management.

Additionally, you should also:
A. Update your resume and LinkedIn profile to highlight your skills, experiences, and achievements.
B. Consider taking online courses or certifications to enhance your skills or learn new ones relevant to your career goals.
C. Be open to temporary or part-time roles as you transition back into the workforce.

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Abhishek Shah  |76 Answers  |Ask -

HR Expert - Answered on Apr 20, 2023

Hello, I am 48 and working since 1996. Have worked with Airtel for 11 plus years and also earlier with Hutch and TTSL....majorly into telecom in my total work exp, rose to a DGM level in 2010 at Airtel with a v good CTC but had to leave them in 2017 as Jio the market disruptor had entered and no suitable role was left for me. Am an MBA in marketing and having solid work exp but somehow have not managed to land up a proper job till now ....the pandemic and the lockdown did not help at all !!! Kindly guide me and advice on how can I reboot my career. Thanks a ton, Ani
Ans: Hello Ani,

Based on your experience and education, you have a strong background in the telecom industry. However, I understand that you are facing challenges in rebooting your career.

To start, I suggest updating your resume and LinkedIn profile to showcase your skills and accomplishments in the telecom industry. Highlight your experience in leadership, marketing, and any notable achievements during your tenure with Airtel, Hutch, and TTSL.

Next, consider reaching out to your professional network and former colleagues to explore potential job opportunities in the telecom industry. This could involve attending industry events, participating in online forums and discussion groups, and reaching out to recruiters who specialize in your field.

In addition, you may want to consider expanding your skills and knowledge by taking online courses, attending workshops, or pursuing additional certifications. This can help you stay up-to-date with the latest trends and technologies in the telecom industry and make you a more competitive candidate for job opportunities.

Lastly, it's important to remain optimistic and persistent in your job search. The pandemic has impacted many industries, but the telecom industry remains a vital part of our modern economy. With your experience and education, you have valuable skills to offer potential employers. Keep networking, building your skills, and staying up-to-date with industry trends, and I'm confident you will find a suitable role that meets your expectations.

All the best!


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Krishna Kumar  |348 Answers  |Ask -

Workplace Expert - Answered on Feb 07, 2024


Abhishek Shah  |76 Answers  |Ask -

HR Expert - Answered on Jan 09, 2024

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Ramalingam Kalirajan  |5022 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 19, 2024

Asked by Anonymous - Jul 19, 2024Hindi
Hello, Good day I am 38 years old, living in Bangalore. Married with no kids (don't plan on having any either) and a dog. I earn about 1.3L per month, no liabilities/loans & own my own house valued around 3.5 Cr. I have about 1.2L invested in the share market since I am new to it, about 23 L invested into mutual funds with an SIP of 40k per month, 13L in EPF and I have about 4L saved as emergency funds invested in SBI Ultra short duration fund and about 40 L in gold assets. I also pay a premium of 2L per year towards Tata aia life insurance - Smart Income Plus wihich will give a regular payout by 2027. My monthly expenses come to around 60k ( without SIP's and Premiums), our house expenses are shared between me and my wife. I will be inheriting a sum of around 4.2 Cr shortly and need advise on how best to make this work for me and my retirement. I would like to retire between the age of 45 to 47 yo. My expectation from this inheritance is to get an additional income of 2L per month and for the capital to grow at a reasonable rate of about 8 to 10 % post the 2L payout. My resk apperite is medum to moderate and would like to protect atleast the capital. Kindly Advise.
Ans: Financial Assessment
You are 38 years old with no children and a dog. You earn Rs. 1.3 lakh per month and own a house worth Rs. 3.5 crore. Your investments include:

Rs. 1.2 lakh in the share market
Rs. 23 lakh in mutual funds with Rs. 40,000 SIP per month
Rs. 13 lakh in EPF
Rs. 4 lakh in an emergency fund in an ultra-short duration fund
Rs. 40 lakh in gold assets
Rs. 2 lakh per year in Tata AIA Life Insurance - Smart Income Plus
You will inherit Rs. 4.2 crore and wish to retire by 45-47 years with an additional monthly income of Rs. 2 lakh and capital growth of 8-10%.

Current Investment Strategy
Share Market

Potential for high returns.

Diversifies your portfolio.


High volatility.

Requires active management.

Mutual Funds

Professional management.

Diversification across sectors.


Management fees.

Market-linked risks.


Safe and secure.

Tax benefits.


Limited liquidity.

Lower returns compared to equities.

Emergency Fund

Provides liquidity.

Low-risk investment.


Lower returns.

Limited growth potential.

Gold Assets

Hedge against inflation.

Safe and tangible asset.


Limited income generation.

Price volatility.

Life Insurance

Provides life cover.

Future regular payouts.


High premiums.

Limited investment growth.

Recommendations for Inherited Funds
Equity Mutual Funds
Invest a portion in equity mutual funds for growth.

Allocation: Rs. 1.5 crore

Reason: Potential for high returns.

Strategy: Diversify across large-cap, mid-cap, and multi-cap funds.

Debt Mutual Funds
Invest in debt mutual funds for stability.

Allocation: Rs. 1 crore

Reason: Provides regular income.

Strategy: Choose funds with moderate risk and stable returns.

Hybrid Funds
Hybrid funds balance growth and income.

Allocation: Rs. 50 lakh

Reason: Balanced risk and return.

Strategy: Invest in balanced advantage or equity hybrid funds.

Systematic Withdrawal Plan (SWP)
Use SWP for regular monthly income.

Allocation: Rs. 1 crore in debt and hybrid funds

Reason: Provides Rs. 2 lakh per month.

Strategy: Set up a SWP to withdraw Rs. 2 lakh monthly.

Diversified Equity Portfolio
Invest a portion in direct equities for potential high returns.

Allocation: Rs. 50 lakh

Reason: Leverage stock market growth.

Strategy: Diversify across different sectors and companies.

Review and Rebalance
Regularly review and rebalance your portfolio to align with your goals.

Frequency: Quarterly or semi-annually

Adjustments: Based on market conditions and personal goals.

Final Insights
To retire by 45-47 years with an additional Rs. 2 lakh per month, allocate your inherited funds wisely. Invest in a mix of equity, debt, and hybrid funds. Use a Systematic Withdrawal Plan for regular income. Regularly review and rebalance your portfolio. This strategy aligns with your financial goals and risk profile, ensuring a secure and prosperous retirement.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,


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Ramalingam Kalirajan  |5022 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 19, 2024

Asked by Anonymous - Jul 19, 2024Hindi
Hi, sorry it's a very long post My mother is 60year old homemaker(nil income) and father is 68yr old retired govt employee (recieving pension).we are 3 children [2 daughters ( all aged between 30-40yr)]to our parents.All of us are married and earning for our livelihood. We sisters are contributing to parents health insurance and other financial things since we started earning and even after marriage ( as my father is an alcoholic too not looking after the household well).Mother has a property in her name given to her by her father as a gift deed. Father had one house and a plot in his name and some ancestral property. Brother went to abroad for studies in 2018 and came back in 2020. He had a girlfriend since his college days( he married to her in 2022, never had objection from anyone of family members ). Since his arrival, he and his girlfriend started involving in all financial matters of my maternal house to the extent he was using my father's debit card for his own use( father says he has given card to brother willfully). Brother wanted to construct a commercial building in my mother's property. He and my father started threatening my mother to register her property ( actually located near Brother's girlfriend house) in name of brother saying if she doesn't agree ,they won't marry off my sister( who got married in 2022 in the presence of grandparents, mother and myself and both my father and brother didn't attend the marriage). They even extracted money from mother's account (which was given now and then to her by me and my sister).During all these process even brother's girlfriend ( wanted a source of income by renting my parents house)also started abusing my mother and involved in all financial matters ( that freedom was given to her by father and brother as my mother was suppressed and we sisters were not aware of things going on). Everything led to the abandonment of my mother who stayed in her friend's place then I brought her to my house. Now after 3 years ( during the course our wellwishers tried counselling and mediation between my father, brother and mother without sisters which didn't work out). my brother got my parents house( and a plot which was in my father's name) registered to his name as a gift deed from my father without informing mother. All the documents of the property gift deeded to my mother by her father is with my brother and father. They are threatening my mother if she enters her own property. Now my mother has no place and income though she had contributed extensively to upliftment of the family all over these years. She ran a grocery store for 15years during which one plot was bought and house was built in that. Another plot was bought after my parents marriage with the help of dowry money given to my father ) but all the properties were registered in my father's name. She has her contribution financially, emotionally and physically. Now doesn't my mother has right to ask back the house and the property given to my brother without her knowledge and to ask for maintenance from my father and also sue all three of them for mental and physical torture..? We sisters want her to lead a peaceful life in her final years of her life.. please guide us.
Ans: Evaluating Your Mother’s Rights

Your mother has been through a lot. Let's explore her legal and financial rights. She deserves to live peacefully in her final years.

Legal Rights Over Property

Your mother owns property gifted by her father. She has full rights over this property. The property can’t be taken without her consent. If your brother and father took documents, this is illegal.

Action Steps for Property

Retrieve Documents: Seek legal help to get back property documents.
Consult a Lawyer: Discuss the possibility of reclaiming the property.
File a Complaint: If threatened, your mother can file a police complaint.
Maintenance from Your Father

Your father has a duty to support your mother. She can claim maintenance from him. This can be done through legal channels.

Action Steps for Maintenance

Seek Legal Advice: A lawyer can help your mother file for maintenance.
Family Court: File a petition in family court for maintenance.
Right to Ancestral Property

Your mother contributed to the family. She can claim a share in ancestral property. The law supports her right to ancestral property.

Action Steps for Ancestral Property

Legal Consultation: Discuss the possibility of claiming ancestral property.
File a Suit: If needed, file a suit for partition of ancestral property.
Mental and Physical Torture

Your mother faced mental and physical torture. This is a serious issue. She can seek legal action against your brother, father, and sister-in-law.

Action Steps for Torture

File a Complaint: Lodge a complaint with the police for harassment.
Protection Orders: Seek protection orders from the court.
Health Insurance and Financial Support

You and your sister have supported your parents. Continue to ensure health insurance coverage. Your mother may need financial support until her rights are restored.

Action Steps for Financial Support

Joint Efforts: Continue supporting your mother financially.
Plan for Future: Set up a fund for your mother’s needs.
Investments for Secure Future

Consider investing in mutual funds for your mother’s secure future. Regular funds with the help of a Certified Financial Planner (CFP) are beneficial. Avoid direct funds due to lack of professional advice.

Benefits of Regular Funds

Professional Management: CFPs manage the funds, ensuring optimal returns.
Less Hassle: No need for your mother to manage investments actively.
Tailored Advice: Investments tailored to her risk profile and needs.
Regular Review of Investments

Regularly review investments with a CFP. Adjust them based on your mother’s needs and market conditions. This ensures her financial security.

Final Insights

Your mother has rights over her property. She can claim maintenance from your father and her share in ancestral property. Legal action can be taken for mental and physical torture. Continue supporting her financially and ensure her health insurance coverage. Invest wisely with professional advice for her secure future.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,


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Ramalingam Kalirajan  |5022 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 19, 2024

Asked by Anonymous - Jun 28, 2024Hindi
Hi, I'm 30 years old with around 80k in equity. I have a home 27 laksh which I pay 29 and a house rent 25, my wife has a car loan of 25. I get a in hand of 150000 l. I need advice in making investment in equity for next 5 years strategically.
Ans: You are 30 years old with Rs 80,000 in equity investments. You have a home loan of Rs 27 lakh, with an EMI of Rs 29,000, and a house rent of Rs 25,000. Your wife has a car loan with an EMI of Rs 25,000. You receive a net monthly income of Rs 1,50,000.

Evaluating Your Financial Goals
Your primary goal is to invest in equity for the next 5 years strategically. It’s essential to balance your investments with your existing financial obligations.

Current Financial Commitments
Home Loan EMI: Rs 29,000
House Rent: Rs 25,000
Car Loan EMI: Rs 25,000
Available Income for Investment
After accounting for your fixed commitments, you have Rs 71,000 left monthly for other expenses and investments.

Emergency Fund
Ensure you have an emergency fund to cover at least 6-12 months of expenses. This should be your first priority before making new investments.

Build Emergency Fund: Rs 5 lakh
Existing Equity Investment
You have Rs 80,000 in equity investments. Review this portfolio regularly and diversify to reduce risk.

Diversify Portfolio: Spread investments across different sectors.
Strategic Equity Investment
Systematic Investment Plan (SIP)
Investing through SIPs is a disciplined approach that averages out market volatility.

Monthly SIP: Allocate a fixed amount monthly.
Benefits of Actively Managed Funds
Actively managed funds are managed by professional fund managers. They aim to outperform the market through strategic decisions.

Expert Management: Professional fund managers handle your investments.
Flexibility: Adapt to market changes effectively.
Disadvantages of Index Funds
Index funds track specific market indices but lack active management. They often result in average returns and are less adaptable to market shifts.

Average Returns: May not beat the market.
Less Flexibility: Limited response to market conditions.
Investing Through a Certified Financial Planner
A Certified Financial Planner (CFP) provides tailored investment strategies. They help in regular portfolio reviews and adjustments.

Personalized Advice: Tailored to your financial goals.
Regular Reviews: Ensure your investments stay aligned with your goals.
Suggested Allocation for Equity Investments
Large-Cap Funds: For stability and steady returns.
Mid-Cap Funds: For growth potential.
Small-Cap Funds: For higher returns but with more risk.
Investment Allocation
Monthly Allocation
Allocate a portion of your monthly income to different equity funds through SIPs.

Large-Cap SIP: Rs 10,000
Mid-Cap SIP: Rs 5,000
Small-Cap SIP: Rs 5,000
Lump Sum Investment
Consider lump sum investments when the market dips to take advantage of lower prices.

Monitor Market Trends: Invest during market corrections.
Diversify your investments to reduce risk and enhance returns.

Sectoral Diversification: Invest across various sectors.
Geographical Diversification: Consider international funds for global exposure.
Regular Monitoring and Review
Review your investment portfolio regularly to ensure it aligns with your goals. Make adjustments based on market conditions and personal financial changes.

Quarterly Reviews: Assess performance and adjust as needed.
Tax Planning
Optimize your tax savings through strategic investments.

Tax-saving Instruments: Utilize options like ELSS for tax benefits under Section 80C.
Insurance Coverage
Ensure adequate life and health insurance coverage for your family.

Life Insurance: Term insurance to cover financial liabilities.
Health Insurance: Comprehensive health coverage.
Debt Repayment Strategy
Prioritize repaying high-interest debts to reduce financial burden.

Focus on Car Loan: Pay off early if possible.
Final Insights
Strategically investing in equity over the next 5 years requires a balanced and diversified approach. Increase your SIPs, diversify your portfolio, and use the expertise of a Certified Financial Planner. Regularly review and adjust your investments to stay on track with your financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,


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Anu Krishna  |1043 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Jul 19, 2024

My girlfriend has lot of expectations on How I must react to certain situations. I try my best to do it , but there is always one day where I don't have control on reacting the same as she wishes it , and then we fight and she keeps reminding me my mistakes from the past. I say sorry , she says she doesn't consider my sorries. I forgive her for whatever serious she says in fight. But then again after few days everything becomes normal. I am confused what should be done. Is it okay that I behave according to her expectations or what. Because I don't want to lose her. I have always discussed that the way I behave is my natural nature but she keeps me correcting. She accepts her mistakes even I do too. But now since these incidents often once a month. I am asking you what I must do in such situations where it's not in my hand it seems to behave in certain way as expected by her
Ans: Dear Govinda,
Well, all of us have expectations from each other, don't we?
But some expectations are realistic and some are unrealistic. Any expectation that starts to change the other person, control them, dictate their behavior is almost toxic and not healthy in the long run.
Some expectations like requesting the other person to take care of their health, finances, advice on work and family that attempts to see them in a better space is healthy and necessary.

So, where does your girlfriend's expectation fall into?
It's possible that because it's leading to constant fights, you are certainly not happy about her control about this. Then voice it out and state clearly that you would not like to change for her but only change for yourself and for the better. This may hurt her and there might be a lot of drama around it...but, if she is willing to look at the relationship maturely with you as an equal partner, there will no more fights and expectations around things that bother you.
Sit down together; tell her how this is affecting you and the relationship. There maybe little expectations that maybe good for you and the relationship. Be thankful for those.

But, the bigger ones are the ones that are bothersome and yes, your girlfriend must know about it. Instead of confronting, be firm and gentle and she may very well understand the whole scenario. This will also help you in situations where she expects something and it does not happen and yet she will be okay with it. So, have that clear communication for better understanding. Is this possible? Yes, provided the two of you work at this together not confronting but managing it.

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

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Ramalingam Kalirajan  |5022 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 19, 2024

Hi, I am 48 year old male working in a IT firm. I earn 1.3 L per month and my monthly expense is 70k per month. I have EPF of 45L, Nps of 22L, shares of 50L, fd of 80L. I also have additional residential property of about 40L. I have no loans. I would like to retire early in a year or two and would like to spend rest of life without any financial issue. Kindly advice.
Ans: Evaluating Your Financial Position

You earn Rs 1.3 lakh per month and have monthly expenses of Rs 70,000. Your current investments include:

EPF: Rs 45 lakh
NPS: Rs 22 lakh
Shares: Rs 50 lakh
FD: Rs 80 lakh
Residential Property: Rs 40 lakh
You plan to retire early in a year or two and want a secure financial future.

Monthly Expenses and Inflation

Your current monthly expenses are Rs 70,000. Considering inflation, this amount will increase over time. Plan for increasing expenses to ensure a comfortable lifestyle.

Evaluating Retirement Corpus

Your retirement corpus should be able to cover your expenses for the rest of your life. Let's analyze how your current investments can support you.


EPF and NPS are excellent for retirement as they provide regular income and tax benefits. However, their liquidity is limited until retirement age.

EPF: Consider keeping this until you reach the official retirement age for a stable income.
NPS: Provides regular annuity post-retirement. Continue investing till you retire.
Shares and FD

Your shares and FD can provide a mix of growth and stability.

Shares: These can offer good returns but are subject to market risks. Plan a strategy to withdraw gradually to mitigate risks.
FD: Provides stable returns. Consider laddering your FDs to have a continuous income stream.
Residential Property

You can either rent out or sell your additional property. Renting can provide a steady income, while selling can add to your corpus.

Building a Retirement Corpus

Calculate the amount needed for your retirement corpus to sustain your lifestyle.

Current Monthly Expenses: Rs 70,000
Annual Expenses: Rs 8.4 lakh (70,000 x 12)
Assuming you need this for the next 30 years, considering inflation and other factors, your corpus should be substantial.

Investing Post-Retirement

Once you retire, the goal is to ensure that your corpus generates a steady income.

Systematic Withdrawal Plan (SWP): Invest in mutual funds and set up an SWP to get regular monthly income.
Balanced Funds: Invest in balanced funds for a mix of equity and debt.
Debt Funds: Provide stability and can be used for short-term goals.
Emergency Fund

Keep an emergency fund equivalent to 6-12 months of expenses. This should be easily accessible, like in a savings account or liquid funds.

Health Insurance

Ensure you have comprehensive health insurance coverage. Medical expenses can be a significant burden, so having a robust plan is crucial.

Regular Review

Regularly review and adjust your investments to match your needs and market conditions. A Certified Financial Planner can help you with this.

Final Insights

To retire comfortably, ensure a mix of growth and stability in your investments. Maintain liquidity for emergencies and healthcare. Plan for inflation and increasing expenses. Regularly review your investments to stay aligned with your goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,


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Ramalingam Kalirajan  |5022 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 19, 2024

Asked by Anonymous - Jul 03, 2024Hindi
Hi, I have 35 years old, my in salary is 19LPA in hand. I have a fixed deposit of 2 lakh, 15k sip, 2L invested in stock, 2lakh and 4 lakh emergency fund I have a 2 years old daughter, I don't have any loan. how to plan my retirement
Ans: You are 35 years old with a monthly salary of Rs 19 lakhs per annum in hand. You have a fixed deposit of Rs 2 lakh, a SIP of Rs 15,000, Rs 2 lakh invested in stocks, and a Rs 4 lakh emergency fund. You also have a 2-year-old daughter and no loans.

Evaluating Your Financial Goals
Your primary goal is to plan for retirement. This involves determining how much you need to retire comfortably and creating a plan to achieve that goal.

Setting Retirement Goals
Retirement Age: Decide when you want to retire. Let's assume at age 60.
Post-Retirement Expenses: Estimate your monthly expenses during retirement. Factor in inflation.
Emergency Fund
You already have an emergency fund of Rs 4 lakh. This is a good start. Ensure it covers at least 6-12 months of expenses.

Maintain Adequate Coverage: Regularly update your emergency fund as your expenses grow.
Fixed Deposit
Your Rs 2 lakh fixed deposit provides a safety net but offers low returns.

Consider Alternatives: Higher returns options like debt mutual funds for better growth.
SIP (Systematic Investment Plan)
Your Rs 15,000 SIP is a disciplined approach to investing.

Increase SIP: As your income grows, increase your SIP amount. Aim for at least 20-30% of your salary in investments.
Stock Investments
You have Rs 2 lakh invested in stocks.

Diversify Portfolio: Ensure your stock investments are diversified to reduce risk.
Regular Review: Monitor and review your portfolio regularly.
Retirement Corpus Calculation
Estimate the corpus needed for retirement based on your current lifestyle and inflation.

Online Calculators: Use retirement calculators for precise estimates.
Investment Options
Mutual Funds
Mutual funds can provide good returns over the long term. Consider a mix of equity and debt funds.

Equity Funds: For long-term growth.
Debt Funds: For stability and income.
Public Provident Fund (PPF)
PPF is a safe investment with tax benefits. It offers good returns over the long term.

Invest Regularly: Maximize your PPF contributions annually.
National Pension System (NPS)
NPS is a retirement-focused investment option with tax benefits.

Regular Contributions: Invest regularly for long-term growth and retirement corpus.
Child's Education Fund
Start planning for your daughter's education early.

Education SIP: Set up a separate SIP for your daughter's education fund.
Child Plans: Consider child education plans for specific goals.
Ensure you have adequate life and health insurance coverage.

Life Insurance: Term insurance to cover financial liabilities.
Health Insurance: Adequate health coverage for the family.
Tax Planning
Optimize your tax savings through various investment options.

Tax-saving Instruments: Utilize PPF, ELSS, and NPS for tax benefits.
Creating a Diversified Portfolio
A well-diversified portfolio reduces risk and enhances returns.

Asset Allocation: Allocate assets across equity, debt, and alternative investments based on risk tolerance.
Suggested Allocation
Equity Funds: 60% for long-term growth.
Debt Funds: 20% for stability.
PPF/NPS: 20% for retirement and tax benefits.
Regular Monitoring and Review
Regularly review and adjust your investment portfolio to ensure it aligns with your goals.

Annual Reviews: Review your portfolio and make adjustments annually.
Consult CFP: Work with a Certified Financial Planner for personalized advice.
Final Insights
Planning for retirement requires a disciplined and diversified approach. Increase your SIP, diversify investments, and utilize tax-saving instruments. Regularly review and adjust your portfolio to stay on track. Leverage the expertise of a Certified Financial Planner for optimal results.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,


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Ramalingam Kalirajan  |5022 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 19, 2024

Asked by Anonymous - Jul 02, 2024Hindi
My current monthly income is 1.2l i have a ppf of 15k and RD of 15k per month. I have 2 SIPs worth 3k each a month. Kindly suggest how much should I invest and where to invest so that I get around 4 5 Cr by the age of 45. FYI my current age is 29 and i hold no liabities as of now and unmarried.
Ans: You aim to accumulate Rs. 4-5 crores by the age of 45. With a current monthly income of Rs. 1.2 lakhs, you have a strong base to achieve this goal.

Current Investments
Your current investments include:

PPF: Rs. 15,000 per month

RD: Rs. 15,000 per month

SIPs: Rs. 6,000 per month (2 SIPs of Rs. 3,000 each)

Assessing Your Current Investments


Safe and secure investment.

Tax benefits under Section 80C.

Decent long-term returns.


Lock-in period of 15 years.

Limited growth compared to equities.

Recurring Deposit (RD):


Guaranteed returns.

Suitable for short-term goals.


Taxable interest income.

Lower returns compared to mutual funds and stocks.

Systematic Investment Plans (SIPs):


Disciplined investment approach.

Potential for high returns over long term.

Rupee cost averaging benefits.


Market-linked risks.
Recommended Investment Strategy
Increase Equity Exposure
To achieve Rs. 4-5 crores by 45, you need higher equity exposure. Equity investments have historically provided higher returns compared to debt instruments.

Increase SIPs:

Increase SIP investments to Rs. 40,000 per month.

Diversify across large-cap, mid-cap, and multi-cap funds.

Balanced Approach
Maintain a balanced approach by continuing some investments in safe instruments.

Continue PPF:

Keep contributing Rs. 15,000 per month.

Provides stability and tax benefits.

Review RD:

Evaluate RD returns.

Consider diverting some RD funds to equity or hybrid funds for better growth.

Consider Hybrid Funds
Hybrid funds provide a mix of equity and debt, offering balanced risk and returns.

Monthly Investment:

Invest Rs. 10,000 per month in hybrid funds.

Suitable for moderate risk tolerance.

Emergency Fund
Ensure you have an emergency fund covering 6-12 months of expenses.

Safety Net:

Maintain liquidity for unforeseen expenses.

Keep it in a liquid fund or high-interest savings account.

Regular Reviews and Rebalancing
Monitor and rebalance your portfolio periodically to stay aligned with your goals.

Portfolio Review:

Quarterly or semi-annual reviews.

Adjust based on market conditions and personal goals.

Final Insights
To achieve Rs. 4-5 crores by 45, increase your equity exposure. Consider enhancing your SIP contributions significantly. Maintain a balanced approach with continued PPF contributions and emergency funds. Regularly review and rebalance your portfolio. This strategy aligns with your financial goals and risk profile, ensuring a secure and prosperous future.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,


...Read more


Ramalingam Kalirajan  |5022 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 19, 2024

My Father has purchase a property for rs 115000 in year 1994.at Bhayandar west district Thane at Maharashtra state.and my Father did this registration in amnesty scheme in year 2008.and after that my Father died in year 2014.and after I made a release deed transfer this property in my name (son). I sold this residential property in June 2024for rs 30lakh.in this case I want to know the status of capital gain is there or not I also want to know if I sell this residential property .I can purchase ashop or not. If I want to save capital gain what is the solution to save my tax. Thanking u.
Ans: You sold a property in June 2024 for Rs 30 lakh. It was bought for Rs 1,15,000 in 1994. Let's evaluate if there's a capital gain.

Indexed Cost of Acquisition

The property purchase cost will be adjusted for inflation. This is called the Indexed Cost of Acquisition (ICA). The ICA is calculated using the Cost Inflation Index (CII) provided by the Income Tax Department.

Calculating Indexed Cost

Calculate the ICA to understand your capital gain. Since we won't use specific formulas here, you can consult a Certified Financial Planner to get the precise ICA value. This helps in determining the exact capital gain.

Long-Term Capital Gains (LTCG)

Since you held the property for more than 24 months, it is classified as a long-term asset. The profit from the sale, after adjusting for the ICA, is your Long-Term Capital Gain (LTCG).

Tax on LTCG

LTCG is taxed at 20% with indexation benefits. However, there are ways to save on this tax.

Investing in Another Property

You can save on capital gains tax by investing in another residential property. This is covered under Section 54 of the Income Tax Act. If you buy a residential house within two years or construct one within three years, you can claim exemption.

Investing in Capital Gains Bonds

Another option is to invest in Capital Gains Bonds under Section 54EC. These bonds have a lock-in period of five years and provide tax exemption on the gains. The maximum investment limit in these bonds is Rs 50 lakh.

Purchasing a Shop

Buying a shop will not provide capital gains tax exemption under Section 54. The exemption is only for residential properties. If you sell a residential property, you must reinvest in a residential property to save on capital gains tax.

Other Options to Save Tax

Residential Property: Invest in another residential property within two years.

Construction: Construct a new house within three years.

Capital Gains Bonds: Invest in these bonds within six months of the sale.

Final Insights

To save on capital gains tax, reinvest in a residential property or Capital Gains Bonds. Purchasing a shop will not help in saving tax on capital gains. Consulting a Certified Financial Planner can help you navigate these options efficiently.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,


...Read more

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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