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Geeta Ratra |125 Answers |Ask -Follow

Visas, Study Abroad Expert - Answered on Feb 03, 2024

Geeta Ratra has been an immigration expert for more than two decades and has strong knowledge of international immigration policies and procedures. She is vice president, operations, at Abhinav Immigration Services. Besides visa and immigration services, they also provide study abroad advice that includes application assistance, counselling and university shortlisting.... more

Asked by Anonymous - Dec 23, 2023Hindi

Career

I have a dream of pursuing masters in us but my visa was rejected.iam not able to digest this situation.my visa was rejected because of silly mistake done by me.refused slots are not getting opened.iam not able to concentrate on other works.iam blaming myself daily.i don't know what to do.please give me some suggestions to get out of this feeling.frustation level is at peaks for me

Ans: Facing a visa rejection can be incredibly disheartening. Firstly, acknowledge your feelings, but try not to blame yourself excessively. Reflect on the mistake and learn from it. Consider seeking guidance from a mentor or immigration consultant to understand the specific reasons for the rejection and improve your application. Focus on self-improvement and engage in activities that bring joy. Reapply when the slots open, armed with a stronger application. Remember, setbacks are a part of the journey, and resilience is key. Feel free to write to us.

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Mayank Chandel |498 Answers |Ask -Follow

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on Jun 10, 2023

Question by yadnya - Jun 04, 2023Hindi

Career

Hi i am neet aspirants as due to COVID pandameic i didn't get good coaching to prepare for it my parents hastily take my admission in bsc biotech currently i am 19 years old going to 20 as i attempted neet three times now first two scores are low but now i achieve nearly good score but less than 4 to 5 marks of required and now i am on also completion of second year thought i never show kneen intrest in biotech but i always score good topper of it by studying just few days but by managing it what i really want mbbs is getting chased ,sometimes going away i feel frustrated myself my parents say it's okay to try for one more time and also to complete this graduation surviving both sometimes feel really frustrating now can i not think properly what should I do mbbs is always i am chasing and all say there is plenty of oppurunties after biotech too maybe because of marks

Ans: Yadnya,
You cannot sail on 2 boats. If your real passion is MBBS then go for it. Age doesn't matter.

Dr Ashish Sehgal |97 Answers |Ask -Follow

Relationships Expert, Mind Coach - Answered on Jun 06, 2023

Question by yadnya - Jun 05, 2023Hindi

Relationship

Sir as i do partial drop with bsc i decided to give my third attempt in last but at end 3 months before my exams i feel ill ,my both college exam and this exam come college exam finish exactly 1 day ago i am always a topper in school ,college but i feel like devested i am 19 soon to be 20 i know i can't give my 100 percent but i feel like dead now getting depressed as my brother ,sister get their respective dream college i am still struggling i feel like a lost ,failure ,directionless ,defeated daily i feel like miserable althought it not my fault I feel bad like how miserable i become because of that i can't even focus a single thing i even started eating less food ,locking myself ,silence nobody is mocking me but i feel like i lost myself how should I will be successful again Being doctor is my always dream ,i standup on my own 2 times but now i feel like devested can you please tell me how to get harmony and again in my life and be successful

Ans: I'm really sorry to hear that you're feeling this way, but I can offer some guidance and support to help you regain your motivation and find success again.

Recognize that setbacks are normal: It's important to understand that setbacks and challenges are a part of life. Many successful individuals have faced failures before achieving their goals. It's essential to see this phase as a temporary setback rather than a reflection of your worth or abilities.

Take care of your mental and physical health: Your well-being should be your top priority. Make sure you're getting enough sleep, eating nutritious meals, and engaging in regular exercise. Taking care of your physical health can positively impact your mental well-being and help you regain focus and motivation.

Seek support: Talk to someone you trust about your feelings. It could be a family member, friend, or a professional counselor. Sharing your emotions can provide relief and help you gain a fresh perspective on your situation. Additionally, professional guidance can assist you in developing coping strategies and setting realistic goals.

Set small, achievable goals: Rather than overwhelming yourself with the pressure of becoming successful immediately, break down your ultimate goal of becoming a doctor into smaller, manageable steps. Celebrate each milestone you achieve, no matter how small. This will help you stay motivated and build momentum.

Learn from your experiences: Reflect on the challenges you've faced and the mistakes you've made. Use them as opportunities for growth and learning. Understand that setbacks can provide valuable lessons that contribute to future success. Embrace a growth mindset that sees failures as stepping stones toward improvement.

Rediscover your passion: Reconnect with your love for becoming a doctor. Remember why you initially pursued this dream and the impact you hope to make in people's lives. Reignite your passion by researching inspiring stories, engaging in related activities, or volunteering in healthcare settings.

Develop a routine and study plan: Establish a structured routine that includes dedicated study time. Break down your syllabus into manageable portions and create a study plan to cover all the necessary topics. Consistency and discipline will help you regain focus and make progress toward your goals.

Celebrate your strengths: Acknowledge your past achievements and the strengths that have helped you succeed in the past. Remind yourself of your abilities and the qualities that make you unique. Cultivating a positive self-image can boost your confidence and motivation.

Stay positive and resilient: Avoid dwelling on negative thoughts or comparing yourself to others. Remember that everyone has their own journey, and success comes at different times for different people. Maintain a positive outlook, even during challenging times, and believe in your ability to overcome obstacles.

Take breaks and practice self-care: It's important to take breaks and engage in activities that bring you joy and relaxation. Engage in hobbies, spend time with loved ones, or engage in mindfulness practices like meditation or yoga. Self-care is essential for maintaining a healthy balance in life.

Remember, success is a journey, and setbacks are part of the process. Stay resilient, believe in yourself, and keep moving forward. With determination, perseverance, and the right support, you can regain your harmony, rediscover your path, and achieve your dreams.

Anu Krishna |839 Answers |Ask -Follow

Relationships Expert, Mind Coach - Answered on Jun 10, 2023

Question by yadnya - Jun 05, 2023Hindi

Relationship

Hi mam i give neet with partial drop three times i always wanted to be a doctor in my whole family my brother and sister get their desired colleges i am not jealous of them but i sometimes feel neglected then i worked hard on my dreams as at my third attempt as i give at three months before it my final exam of college of other subject start i can't even quit that because i fear my family disappointment then i didn't able to give my 100 fully that makes me satisfied i feel so depressed that i didn't have courage to check marks while everyone is celebrating their success i feel lost can't i feel complete one good dream for myself all my family support me to do whatever you want but i can't decide i feel like tragiec the faith all i have put in myself feel like useless i crave to be success do something for my own but i can't known that such thing occur unexpectedly i feel depressed and my family think i am just doing because to gain their attention ,i keep unnessary exceptions from me ,is it crime to keep big dream althought i worked hard but it didn't take outi feel like lost all how can I get up and achieve something feel proud of myself

Ans: Dear Yadnya,
Dream Big and never be afraid to Fail. Most often, we are told that failure is not an option. Failure when accepted as a part of life, then loses power over us.
1. Never become attached to the outcome so that fear does not play in your mind
2. Understand that We win some and Lose some and losing does not mean all is lost
3. Draw a clear plan to achieve your goal
4. Work on your state of mind for optimum performance
5. Develop hobbies outside of studies that can support you have a positive outlook on a daily basis
6. Family and friends are your best support system, so talk to them regularly about your challenges to enable them to support you

Smile and dream big again; tomorrow is another new day.

All the best!

Latest Questions

Ramalingam Kalirajan |1594 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 07, 2024

Asked by Anonymous - May 07, 2024Hindi

Money

I am 27, doing small cap SIP of Rs. 9000, Midcap SIP of Rs. 4000 and large cap SIP of Rs. 7000 per month, in how many years and how much corpus should I have so that I can earn 50,000 pm from SWP for rest.

Ans: o determine the corpus needed to generate 50,000 rupees per month through a Systematic Withdrawal Plan (SWP), we need to consider several factors, including the expected rate of return, inflation, and the withdrawal rate.

1. Expected Rate of Return: When investing in mutual funds, it's crucial to consider the potential rate of return on your investments. While historical data suggests that equity mutual funds have delivered average annual returns ranging from 10% to 15% over the long term, it's essential to acknowledge that past performance is not indicative of future results. Your expected rate of return may vary based on factors such as market conditions, fund performance, and asset allocation.
2. Inflation Rate: Inflation plays a significant role in eroding the purchasing power of money over time. Considering the average inflation rate in India, which has been around 5% to 6% per year over the past decade, is crucial when planning for future expenses. By accounting for inflation, you can ensure that your investment returns outpace the rising cost of living and maintain your standard of living over time.
3. Withdrawal Rate: The withdrawal rate represents the percentage of your investment corpus that you plan to withdraw annually to meet your income needs. In your case, aiming for a monthly income of 50,000 rupees through SWP translates to an annual withdrawal of 6,00,000 rupees. It's essential to carefully consider your withdrawal rate to ensure that your investment corpus can sustain your desired income level over the long term without depleting your savings prematurely.
Considering these factors, it's advisable to work with a Certified Financial Planner (CFP) or financial advisor to create a comprehensive financial plan tailored to your specific goals, risk tolerance, and investment horizon. A professional can help you determine an appropriate asset allocation strategy, select suitable mutual funds, and regularly monitor your portfolio to ensure that you stay on track towards achieving your financial objectives.
Additionally, maintaining a diversified portfolio across asset classes and regularly reviewing your investment strategy can help mitigate risk and enhance the likelihood of achieving your target income through SWP in the future. Remember that investing is a journey, and it's essential to stay informed, disciplined, and patient throughout the process.

Ramalingam Kalirajan |1594 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 07, 2024

Question by Rohit - Apr 14, 2024Hindi

Money

Hi sir, i want to start sip.. This will be my ist investment so what would your suggestion like on which categories should i invest or what should be my breakup.. I want to invest 5000 now then after few months 10k and around 2 year from now 22k...my target amount is 25 lacs within 5 yrs

Ans: Starting SIPs for your first investment is a great step towards building wealth over time. Since you have a target amount of 25 lakhs within a 5-year timeframe, it's essential to choose investment options that offer the potential for growth while managing risk. Here's a suggested approach for your SIP investment:
1. Diversified Equity Funds: Since your investment horizon is relatively short (5 years), it's crucial to focus on funds that offer growth potential while minimizing risk. Consider allocating a significant portion of your SIP towards diversified equity funds, which invest in a mix of large-cap, mid-cap, and small-cap stocks. These funds offer diversification across market segments and can potentially deliver higher returns over the long term. Aim to allocate around 60-70% of your SIP towards diversified equity funds.
2. Large Cap Funds: Large-cap funds invest in stocks of large, well-established companies with stable earnings and strong market presence. These funds offer stability and are relatively less volatile compared to mid-cap and small-cap funds. Consider allocating around 20-30% of your SIP towards large-cap funds to provide stability to your portfolio.
3. Mid Cap and Small Cap Funds (Optional): Mid-cap and small-cap funds have the potential to deliver higher returns but come with higher volatility. Given your relatively short investment horizon, consider allocating a smaller portion of your SIP (around 10-20%) towards mid-cap and small-cap funds, if you're comfortable with the higher risk associated with these segments.
4. Systematic Investment Plan (SIP) vs. Lump Sum: Since you're just starting, opting for SIPs can be a prudent approach, as they allow you to invest regularly over time and benefit from rupee cost averaging. As your investment horizon is relatively short, avoid making lump sum investments, as they may expose you to timing risk, especially considering market fluctuations.
5. Regular Review and Adjustment: Regularly review your investment portfolio and make adjustments as needed to ensure it remains aligned with your financial goals and risk tolerance. As your investment horizon progresses and your financial situation changes, consider consulting with a Certified Financial Planner (CFP) or financial advisor to reassess your investment strategy and make any necessary adjustments.
By following this approach and staying committed to your investment plan, you'll be well-positioned to achieve your target amount of 25 lakhs within a 5-year timeframe. Remember to stay disciplined, focus on the long term, and avoid making impulsive decisions based on short-term market fluctuations.

Ramalingam Kalirajan |1594 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 07, 2024

Asked by Anonymous - Apr 14, 2024Hindi

Money

Hi everyone, I have just started investing in mutual funds, I'm 21 years old currently studying And recently I came to know of mutual fund and share market hence I asked my family to invest all the money in Their savings account should be invested in mutual funds as they give all lot more return on investment than savings account. And hence I have invested near about 2,00,000 rupees which is about 20% of my whole families non EMERGENCY savings. I have invested inInvesco India mid cap fund direct plan( Rs. 35000), axis small cap fund direct growth (35000) , sbi small cap fund(18000), parag Parekh flexi cap direct growth (16000), Quant small cap direct fund (10000), Motilal Oswal midcap fund Direct plan (15000), Quant ELSS Tax saver direct plan (10000), kotak small cap Direct plan (5000) , Kotak emerging equity direct plan (5000), Quant flexi cap direct plan (20000), Quant infrastructure fund direct plan (5000), Quant mid cap fund (5000), Nippon India Growth fund (5000), [ All of them are one time payments bought in March 2024 and nifty is at all time high at 22800], and currently I have gained all total profit of 7,000 from investment of 2,00,000 Sirs, my first question is, i fear that if Markets go down will my mutual fund value will also go down, And if I should continue investing any further in mutual funds for a PERIOD OF TIME and wait for markets to go down to invest further. Or should I continue investing. And my second question is that, is ONE TIME INVESTMENT better or SIP, AND FOR FURTHER INVESTMENT should I continue with my one time INVESTMENT of 50,000 to 60,000 for the remaining 80% OF the savings in the next 2-3 months or should I go for SIP and spread this for over a span of 1-2. Years

Ans: It's great to see your enthusiasm for investing in mutual funds at a young age! Let's address your concerns and questions:

Market Volatility: It's natural to be concerned about market fluctuations, especially when you're new to investing. Yes, mutual fund values can indeed fluctuate with market movements. However, it's essential to remember that investing in mutual funds is a long-term endeavor. Market downturns are a normal part of the investing cycle, and they often present buying opportunities for long-term investors. Trying to time the market by waiting for a downturn to invest further can be challenging and may not always yield the desired results. Instead, focus on staying invested for the long term and maintaining a diversified portfolio that aligns with your financial goals and risk tolerance.
One-Time Investment vs. SIP: Both one-time investments and SIPs have their advantages. One-time investments offer the benefit of investing a lump sum amount upfront, which can potentially lead to higher returns over the long term, especially during bull markets. On the other hand, SIPs allow you to invest regularly over time, which can help in rupee cost averaging and reduce the impact of market volatility. Since you're just starting, you may consider continuing with your one-time investments for now and gradually explore SIPs as you gain more experience and confidence in investing.
Future Investment Strategy: Whether you choose to continue with one-time investments or switch to SIPs for your future investments depends on your preferences, financial goals, and cash flow considerations. Since you've already made one-time investments, you may continue with this approach if it aligns with your investment strategy. Alternatively, if you prefer a more systematic and disciplined approach, you can start SIPs for your future investments. Consider spreading your investments over time to take advantage of rupee cost averaging and reduce the impact of market volatility.
Remember, investing is a journey, and it's essential to stay patient, disciplined, and focused on your long-term goals. Consider seeking advice from a Certified Financial Planner (CFP) or financial advisor who can provide personalized guidance based on your individual circumstances and help you navigate the complexities of the financial markets. Keep learning and stay committed to your investment plan, and you'll be well-positioned to achieve your financial aspirations over time.

Ramalingam Kalirajan |1594 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 07, 2024

Question by Prasad - Apr 13, 2024Hindi

Money

Sir ! My colleague s are investing only in 3 funds like one Nippon index, Mahindra manulife mid cap & ICICI nasaq. Is this correct or not ? Plse share ur suggestion.

Ans: Investing in a simplified portfolio of three mutual funds can be an effective strategy for some investors, as it offers simplicity and ease of management. Let's evaluate the investment choices of your colleagues and provide some suggestions:
1. Nippon Index Fund: Index funds passively track a specific market index, such as the Nifty 50 or Sensex, and aim to replicate its performance. Investing in an index fund provides broad market exposure at a lower cost compared to actively managed funds. Nippon Index Fund could be a suitable choice for investors seeking diversified equity exposure with minimal management fees.
2. Mid Cap Fund (Mahindra Manulife Mid Cap): Mid-cap funds invest in stocks of mid-sized companies with the potential for growth. These funds offer higher growth potential compared to large-cap funds but come with higher volatility. Mahindra Manulife Mid Cap Fund focuses on mid-cap stocks and can be suitable for investors with a higher risk tolerance and a long-term investment horizon.
3. ICICI Nasdaq Fund: ICICI Nasdaq Fund invests in stocks listed on the Nasdaq Stock Market, providing exposure to leading technology and innovation-driven companies globally. Investing in a Nasdaq fund offers diversification and potential for growth, especially in sectors such as technology, healthcare, and consumer discretionary. This fund can complement a diversified equity portfolio and provide exposure to international markets.
Overall, your colleagues' investment choices seem to cover different market segments, including Indian equity (through the Nippon Index Fund and Mahindra Manulife Mid Cap Fund) and international equity (through the ICICI Nasdaq Fund). However, it's essential to consider factors such as investment goals, risk tolerance, and investment horizon when selecting mutual funds.
Here are a few suggestions to consider:
1. Diversification: While investing in three funds provides simplicity, consider diversifying across asset classes (such as equity, debt, and international equities) to spread risk and capture opportunities in different market environments.
2. Risk Management: Assess your risk tolerance and ensure that the chosen funds align with your risk profile. Mid-cap funds and international equity funds can be more volatile than large-cap or index funds, so consider your risk tolerance before investing.
3. Regular Review: Periodically review your investment portfolio to ensure it remains aligned with your financial goals and risk tolerance. Consider consulting with a Certified Financial Planner (CFP) or financial advisor for personalized guidance based on your specific financial situation and goals.
Ultimately, the appropriateness of the chosen funds depends on your colleagues' individual financial circumstances and investment objectives. Encourage them to assess their investment choices in the context of their financial goals and seek professional advice if needed.

Ramalingam Kalirajan |1594 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 07, 2024

Asked by Anonymous - Apr 13, 2024Hindi

Money

I am 41 years old and I am Investing 18000 in 9 mutual funds in SIP mode. Out of 9 sip two are ELSS tax saver, 1 hybrid, 3 large and midcap, 2 largecap, 1 Hybrid and 1 small cap. I am investing for my child's education. Please suggest is it ok to continue or I have to switch to other funds.

Ans: Investing in mutual funds through SIP mode for your child's education is a prudent step towards securing their future. Let's assess your current investment strategy and provide some guidance:
1. Diversification: Investing in 9 mutual funds across different categories reflects a diversified approach, which can help spread risk and capture opportunities across various market segments. It's commendable that you have exposure to different types of funds, including ELSS tax saver, hybrid, large & midcap, largecap, and small cap funds.
2. ELSS Tax Saver Funds: ELSS funds offer the dual benefit of tax-saving under Section 80C of the Income Tax Act and potential capital appreciation. Since these funds have a lock-in period of 3 years, ensure that you're comfortable with the lock-in period and the risk-return profile of the funds.
3. Hybrid Funds: Hybrid funds invest in a mix of equity and debt instruments, providing a balanced approach to growth and stability. These funds can be suitable for investors with a moderate risk tolerance and a long-term investment horizon. Review the asset allocation and performance of the hybrid fund to ensure it aligns with your investment objectives.
4. Large & Midcap, Largecap, and Small Cap Funds: These funds provide exposure to different market segments, offering diversification and potential for growth. It's essential to monitor the performance of these funds regularly and assess whether they continue to meet your investment goals and risk tolerance.
5. Review and Rebalance: Periodically review your investment portfolio and rebalance if necessary to ensure it remains aligned with your financial goals and risk tolerance. Consider factors such as changes in market conditions, fund performance, and your investment horizon when making adjustments to your portfolio.
6. Professional Guidance: Consider consulting with a Certified Financial Planner (CFP) or financial advisor to review your investment strategy and provide personalized guidance based on your financial situation and goals. A professional can help you optimize your investment portfolio and make informed decisions to achieve your child's education goals.
Overall, continuing with your current investment strategy of investing in mutual funds through SIP mode for your child's education appears to be a prudent approach. However, it's essential to periodically review your portfolio and make adjustments as needed to ensure you're on track to achieve your investment objectives.

Ramalingam Kalirajan |1594 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 07, 2024

Question by Rajib - Apr 13, 2024Hindi

Money

Hi myself Rajib and I am 40 yrs old. I want to secure my daughter education and marriage. I want to quote nvest in Mutual Fund. Please suggest which plan is better for me for 10 yrs proposal

Ans: Hello Rajib! It's commendable that you're planning ahead to secure your daughter's education and marriage. Investing in mutual funds can be an effective way to grow your savings over the long term. Considering your investment horizon of 10 years and the financial goals you've mentioned, here are some mutual fund options you may consider:
1. Equity Mutual Funds: Equity mutual funds have the potential to deliver higher returns over the long term compared to other asset classes. Given your investment horizon of 10 years, you may consider investing in a mix of large-cap, mid-cap, and multi-cap equity funds. These funds invest in stocks of companies across different market capitalizations, providing diversification and growth potential.
2. Balanced Advantage Funds: Balanced advantage funds, also known as dynamic asset allocation funds, dynamically manage their equity and debt allocations based on market conditions. These funds aim to provide steady returns with lower volatility compared to pure equity funds. Investing in a balanced advantage fund can offer a balanced approach to growth while managing risk.
3. Index Funds: Index funds passively track a market index such as the Nifty 50 or Sensex. They offer lower expense ratios compared to actively managed funds and can be suitable for investors seeking broad market exposure. Investing in index funds can provide diversification and potentially lower volatility over the long term.
4. Target Date Funds: Target date funds are designed to align with a specific financial goal, such as education or marriage, and automatically adjust the asset allocation over time to become more conservative as the target date approaches. These funds can simplify the investment process and provide a hands-off approach to portfolio management.
When selecting mutual funds for your investment, consider factors such as your risk tolerance, investment goals, and time horizon. It's essential to diversify your investments across multiple funds to spread risk and maximize returns over the long term.
Before making any investment decisions, I recommend consulting with a Certified Financial Planner (CFP) or financial advisor. A professional can assess your specific financial situation, goals, and risk profile and help you create a customized investment plan tailored to your needs. Regularly review your investment portfolio and make adjustments as needed to stay on track towards achieving your daughter's education and marriage goals.

Ramalingam Kalirajan |1594 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 07, 2024

Question by Ashutosh - Apr 13, 2024Hindi

Money

I am 27 year old and doing sip for long term, I have sip of total rs 1000 in axis small cap fund (350) , axis nifty midcap 50 (250) , hdfc large and mid cap fund (200) , hdfc flexi cap fund (200). Is my selection of fund and allocation good?

Ans: It's great to see that you're investing in SIPs at a young age for the long term. Your selection of funds and allocation reflects a diversified approach, which is essential for long-term wealth accumulation. Let's evaluate your fund selection and allocation:
1. Axis Small Cap Fund: Small-cap funds have the potential for high growth but also come with higher risk due to the volatility of small-cap stocks. Investing in a small-cap fund like Axis Small Cap Fund can add diversification to your portfolio and provide exposure to promising small-cap companies. However, it's important to be prepared for potential fluctuations in returns.
2. Axis Nifty Midcap 50 Fund: Mid-cap funds like Axis Nifty Midcap 50 Fund invest in mid-sized companies with the potential for growth. Mid-cap stocks can offer attractive returns over the long term but may also be more volatile than large-cap stocks. Your allocation to this fund adds diversification and the potential for higher returns to your portfolio.
3. HDFC Large and Mid Cap Fund: Large & Mid Cap funds invest in a mix of large-cap and mid-cap stocks, offering a balance between stability and growth potential. HDFC Large and Mid Cap Fund is managed by a reputable fund house and can provide exposure to quality companies across market segments. It's a suitable choice for investors seeking diversification and moderate risk.
4. HDFC Flexi Cap Fund: Flexi-cap funds offer flexibility to invest across market capitalizations based on market conditions. HDFC Flexi Cap Fund allows the fund manager to adjust the portfolio composition dynamically, which can potentially enhance returns over the long term. Your allocation to this fund provides additional diversification and flexibility to your portfolio.
Overall, your selection of funds and allocation reflects a well-diversified approach, with exposure to small-cap, mid-cap, and large-cap segments of the market. It's important to stay committed to your investment plan, continue investing regularly, and review your portfolio periodically to ensure it remains aligned with your financial goals and risk tolerance.
As your financial situation evolves and your investment horizon changes, consider revisiting your asset allocation and making adjustments as needed. Additionally, consult with a Certified Financial Planner (CFP) or financial advisor to receive personalized guidance and ensure your investment strategy remains on track to achieve your long-term objectives.

Ramalingam Kalirajan |1594 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 07, 2024

Question by Payz - Apr 12, 2024Hindi

Money

I am 39 years old. My daughters are 13 years and 10 years old. I want to invest for their educational needs. In which SIP I should invest.

Ans: Investing for your daughters' educational needs is a thoughtful and proactive approach to secure their future. When selecting SIPs for this purpose, consider investment options that offer the potential for growth over the long term while aligning with your risk tolerance and investment horizon. Here are some SIP options you may consider:
1. Diversified Equity Funds: These funds invest in a diversified portfolio of stocks across various sectors and market capitalizations. They offer the potential for capital appreciation over the long term and are suitable for investors with a higher risk tolerance. Look for funds with a consistent track record of performance and experienced fund managers.
2. Balanced Funds: Balanced funds, also known as hybrid funds, invest in a mix of equities and fixed income securities. They aim to provide capital appreciation along with downside protection through exposure to debt instruments. Balanced funds can be suitable for investors seeking a balanced approach to risk and return.
3. Children's Education Funds: Some mutual fund houses offer specific funds designed for children's education planning. These funds typically have a long-term investment horizon and invest in a mix of equity and debt instruments to generate returns while managing risk. Consider exploring these options for dedicated education planning.
4. Index Funds: Index funds passively track a market index, such as the Nifty 50 or Sensex, and aim to replicate its performance. They offer lower expense ratios compared to actively managed funds and can be suitable for investors seeking broad market exposure at a lower cost.
5. Target Date Funds: Target date funds are designed to align with a specific retirement or education goal and automatically adjust the asset allocation over time to become more conservative as the target date approaches. These funds can simplify the investment process and provide a hands-off approach to portfolio management.
Before investing in SIPs for your daughters' educational needs, assess your investment goals, risk tolerance, and investment horizon. Consider diversifying your investments across multiple SIPs to spread risk and maximize returns over the long term. Additionally, consult with a Certified Financial Planner (CFP) or financial advisor to create a customized investment plan tailored to your daughters' future educational goals. Regularly review your investment portfolio and make adjustments as needed to stay on track towards achieving your objectives.

Ramalingam Kalirajan |1594 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 07, 2024

Asked by Anonymous - Apr 13, 2024Hindi

Money

I am blessed with baby boy on the month on January, I m thinking to invest some amount upto 10k every month for the future of the child. What would be best option for me ? I don't want to touch this amount upto 15 to 20 years. Is mutual fund is best option ? How about opening a bank account for infant.

Ans: Congratulations on the arrival of your baby boy! It's wonderful that you're thinking ahead and planning for his future financial well-being. Investing for your child's future is a great idea, and both mutual funds and bank accounts can be suitable options depending on your preferences and financial goals.
Mutual Funds:
• Investing in mutual funds can potentially offer higher returns compared to traditional savings accounts over the long term.
• Since you don't plan to touch the invested amount for 15 to 20 years, mutual funds can provide the opportunity for capital appreciation through equity or balanced funds.
• Consider investing in diversified equity mutual funds or index funds, which historically have provided higher returns over the long term. You can start a systematic investment plan (SIP) with a monthly investment of up to 10k rupees.
Bank Account for Infant:
• Opening a bank account for your infant can provide a safe and secure way to accumulate savings gradually.
• Consider opening a savings account or a recurring deposit (RD) account in the child's name. Some banks offer special accounts for minors with attractive interest rates and features.
• While bank accounts offer safety and liquidity, the returns may be lower compared to mutual funds, especially over a long investment horizon.
Ultimately, the best option depends on your risk tolerance, investment horizon, and financial goals. You may also consider a combination of both mutual funds and a bank account to diversify your child's savings and maximize returns while ensuring liquidity and safety.
Before making any investment decisions, it's essential to consult with a Certified Financial Planner (CFP) or financial advisor who can assess your specific situation and help you create a customized investment plan tailored to your child's future needs. Remember to stay committed to your investment plan and review it periodically to ensure it remains aligned with your goals. Wishing you and your family all the best for the future!

Ramalingam Kalirajan |1594 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 07, 2024

Asked by Anonymous - Apr 12, 2024Hindi

Money

Hello sir, I am 34 years of age and have started my sip of 10000/month ( 3500/- in SBI large and midcap direct growth fund, 3500/- in SBI contra fund, and 3000/- in SBI small cap fund) with a top up of 1000 rupees every year in each fund, want to invest till I am 65. Can I create a fund enough for 10 cr.

Ans: Starting SIPs at 34 and aiming to accumulate 10 crores by the age of 65 is an ambitious goal that requires consistent saving, disciplined investing, and potentially higher contributions over time. Let's assess the feasibility of achieving this target:

Current SIP Contributions: Your current SIP contributions of 10,000 rupees per month are a good start. By investing in a combination of SBI Large & Midcap, SBI Contra, and SBI Small Cap funds, you're diversifying across different market segments, which is beneficial for long-term wealth accumulation.
Top-Up Contributions: Incrementally increasing your SIP contributions by 1000 rupees per year in each fund demonstrates a proactive approach to growing your investments over time. This strategy can help boost your savings rate and accelerate wealth accumulation, especially as your income potentially increases over the years.
Investment Horizon: With a investment horizon of 31 years (from age 34 to 65), you have a significant time frame to benefit from the power of compounding. By consistently investing over the long term, you can potentially generate substantial wealth through the growth of your investments.
Expected Returns: While past performance is not indicative of future results, historically, equity mutual funds have delivered higher returns compared to other asset classes over the long term. However, it's essential to be mindful of market volatility and fluctuations, especially when investing in mid-cap and small-cap funds, which can be more volatile.
Assessing Target Corpus: To determine whether accumulating 10 crores by age 65 is achievable, you'll need to estimate the expected rate of return on your investments. Depending on the assumed rate of return and the SIP contributions, you can use online SIP calculators or consult with a financial advisor to assess the feasibility of reaching your target corpus.
Adjusting Contributions: If achieving a 10 crore corpus seems challenging based on your current SIP contributions and expected returns, consider increasing your monthly contributions or exploring additional investment avenues to bridge the gap. Regularly review your financial plan and make adjustments as needed to stay on track towards your goals.
Remember, while having ambitious financial goals is commendable, it's essential to strike a balance between achieving your aspirations and maintaining a comfortable lifestyle along the way. Keep investing consistently, stay informed about market developments, and seek professional guidance if needed to optimize your investment strategy and increase the likelihood of achieving your long-term financial objectives.

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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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