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Mayank Kumar  |192 Answers  |Ask -

Education Expert - Answered on Jun 09, 2023

Mayank Kumar is the co-founder and managing director of upGrad, a higher EdTech company. With over 10 years of experience in the education sector, Kumar can offer guidance about degree courses, campus, job-linked and executive programmes and studying abroad.An MBA graduate from ISB Hyderabad, he holds a BTech in mechanical engineering from IIT Delhi.... more
Asked by Anonymous - Jun 05, 2023Hindi

Sir, my son, who passed his SSC exam this year is interested in studying sports and food nutrition. Is there any college that offers diploma in this stream after SSC? If no, which are the colleges in Mumbai that offer related courses after Class X?

Ans: Your son can pursue higher education in these fields after completing his 12th standard. Some colleges in Mumbai offering related courses are St. Andrew's College, SNDT Women's University, Wilson College, and Nirmala Niketan College

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Ramalingam Kalirajan  |5200 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 24, 2024

Instead of FD, are corporate bonds are safe investments. Which are good corporate bonds which can yield better interest than FD, so that i can invest 50K and what are platforms to invest in corporate bonds.
Ans: Bond funds pool money from many investors to buy a diversified portfolio of bonds. These can include government, corporate, and municipal bonds. Bond funds offer better diversification and professional management compared to individual bonds.

Safety of Bond Funds
Bond funds invest in a variety of bonds. This reduces the risk compared to investing in individual corporate bonds.

Professional Management
Bond funds are managed by experts who make investment decisions. This can enhance returns and reduce risks.

Choosing Good Bond Funds
Credit Quality
Invest in bond funds with high credit quality. Funds that invest in high-rated bonds are safer.

Fund Performance
Look at the historical performance of the bond fund. Consistent returns indicate good management.

Expense Ratio
Check the fund's expense ratio. Lower expenses mean more returns for you.

Benefits of Bond Funds over FDs
Higher Returns
Bond funds often provide higher returns than fixed deposits. They invest in a mix of high-yield bonds.

Bond funds offer diversification across different types of bonds. This reduces the overall risk.

Bond funds are usually more liquid than individual bonds. You can buy or sell them on any business day.

Disadvantages of Direct Funds
Direct funds may have lower fees, but regular funds offer significant benefits:

Expert Management: Certified Financial Planners (CFPs) provide tailored advice.

Active Oversight: Regular funds are actively managed by professionals.

Market Guidance: CFPs help navigate market fluctuations and maintain investment discipline.

Final Insights
Research Thoroughly: Choose bond funds with high credit quality and good performance.

Diversify Investments: Diversify across different types of bond funds.

Seek Professional Advice: A Certified Financial Planner can provide expert guidance.

Your interest in bond funds is commendable. With proper research and guidance, they can enhance your investment portfolio.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,


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Ramalingam Kalirajan  |5200 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 24, 2024

Whether investment in infra bonds and re investment in property to save long term CG tax on sale of property still exist.
Ans: When selling property, you might face long-term capital gains tax. Here are some strategies to save on these taxes.

Investment in Infrastructure Bonds

Section 54EC Bonds

Eligible Bonds: You can invest in specific infrastructure bonds under Section 54EC to save on capital gains tax.

Investment Limit: The maximum investment limit in these bonds is Rs 50 Lakhs. You must invest within six months of the property sale.

Lock-in Period: These bonds come with a lock-in period of five years. During this period, you cannot withdraw your investment.

Benefits and Considerations

Tax Savings: Investing in these bonds exempts you from paying long-term capital gains tax.

Interest Income: These bonds provide annual interest income, but this income is taxable.

Liquidity: The lock-in period reduces liquidity, which is a key consideration before investing.

Reinvestment in Property

Section 54 Benefits

Residential Property: Reinvesting the sale proceeds into a new residential property can save you from long-term capital gains tax under Section 54.

Purchase Timeline: You must purchase the new property within two years from the sale date. Alternatively, you can construct a new property within three years.

Multiple Properties: You can reinvest in multiple properties, but there are conditions on the use of funds and the timing of investments.

Key Considerations

Utilization of Gains: The entire capital gains amount must be utilized for the purchase or construction of the new property.

Unutilized Gains: If you cannot utilize the gains within the stipulated time, deposit the unutilized amount in a Capital Gains Account Scheme (CGAS) before filing your income tax return.

New Property Sale: If you sell the new property within three years, the capital gains exemption claimed will be revoked.

Professional Guidance for Strategic Planning

Consult a Certified Financial Planner

Expert Advice: A Certified Financial Planner can provide tailored advice on how to best reinvest your capital gains to maximize tax benefits and align with your financial goals.

Holistic Approach: They can offer a comprehensive plan that considers all aspects of your financial health, ensuring a balanced approach.

Regular Review and Adjustment

Monitor Investments: Regularly review your investments to ensure they align with your long-term goals.

Adjust Strategy: Be ready to adjust your strategy based on changes in your financial situation, market conditions, or tax laws.

Final Insights

Saving on long-term capital gains tax when selling property requires strategic planning. Consider investing in Section 54EC bonds or reinvesting in a new residential property. Consulting a Certified Financial Planner can help you make informed decisions and ensure your financial health is well-managed.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner,


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Ramalingam Kalirajan  |5200 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 24, 2024

My Age is 42 & May Spouse age is 41, My annual salary is 9.5 lakhs per annum & My Spouse salary is 3 Lakh per annum, we are already invested in SIP 35K per month, also invested Lum sum approx. amount of 12 Lakh in mutual fund total current portfolio amount is Rs. Approx. 38.5 Lakh, also I have investment in life insurance of 48 thousand yearly, I have also PPF account in which I invest Rs. 1.5 Lakh annually from last 9 years. we have invested in gold and currently have 300gm Gold with us, So I need 5 Corer rupees as a retirement amount How can i do money management properly?
Ans: Assessment of Current Investments

You have done a commendable job in diversifying your investments. Your monthly SIP of Rs. 35,000 is a strong commitment. You have also invested Rs. 12 lakh as a lump sum in mutual funds. Your total mutual fund portfolio is approximately Rs. 38.5 lakh. This shows a disciplined investment approach.

Your life insurance investment of Rs. 48,000 annually ensures some financial protection. Your PPF investment of Rs. 1.5 lakh annually for the last nine years is also commendable. This provides a stable and tax-efficient return.

Your gold investment of 300 grams is a valuable asset. Gold acts as a hedge against inflation and market volatility.

Retirement Goal Planning

You aim for a retirement corpus of Rs. 5 crore. With your current investments and ongoing contributions, a strategic approach is needed.

Enhancing Mutual Fund Investments

Continue with your monthly SIPs. Increase your SIP amount periodically. This will help you leverage the power of compounding.

Invest in a mix of equity and debt mutual funds. Equity funds offer growth potential. Debt funds provide stability. Avoid direct funds. Regular funds through a Mutual Fund Distributor with CFP credentials offer professional management and advice.

Public Provident Fund (PPF)

Continue investing Rs. 1.5 lakh annually in PPF. This is a risk-free and tax-efficient investment. It will add to your retirement corpus steadily.

Life Insurance Assessment

Ensure your life insurance coverage is adequate. Consider term insurance for higher coverage at a lower premium. Review your existing policy and adjust if necessary.

Gold Investment Strategy

Hold on to your gold investments. Gold adds a layer of security to your portfolio. Avoid further investment in gold. Focus more on growth-oriented investments.

Emergency Fund

Maintain an emergency fund. It should cover 6-12 months of expenses. This ensures liquidity in times of need. Avoid using your retirement savings for emergencies.

Review and Rebalance Portfolio

Regularly review your investment portfolio. Rebalance your investments based on market conditions and your goals. This ensures your portfolio stays aligned with your objectives.

Increase Retirement Savings

As your income grows, increase your retirement savings. Direct any windfall gains like bonuses or tax refunds towards your retirement fund. This accelerates your corpus growth.

Professional Advice

Consult a Certified Financial Planner. They can provide personalized advice based on your financial situation. They help optimize your investment strategy towards achieving your retirement goal.

Tax Planning

Efficient tax planning enhances your returns. Invest in tax-saving instruments under Section 80C. Ensure your investments are tax-efficient to maximize returns.

Final Insights

Your disciplined approach to investments is praiseworthy. Continue with your current investment strategy. Enhance your SIPs and ensure a balanced portfolio. Regular reviews and professional advice will keep you on track. With consistent efforts, you can achieve your retirement goal of Rs. 5 crore.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,


...Read more


Ramalingam Kalirajan  |5200 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 24, 2024

Asked by Anonymous - Jul 13, 2024Hindi
I am 26 years old , i am investing 1k/month on stock & doing SIP's in 1k/month in ICICI prudential bharat 22 FoF direct growth , 500/month in HDFC mid cap opportunities direct plan, 500/month in mahindra manulife aggresive hybrid & 500/month in nippon india ultra short duration is this much enough for future perception
Ans: Your Current Investment Strategy
At 26, your investment journey has begun well. You are investing Rs 1k/month in stocks and doing SIPs in various mutual funds. This is a great start.

Evaluating Your SIPs
Stock Investments
Investing in stocks directly can yield high returns. However, it comes with high risk. Ensure you research well before picking stocks. Diversify across sectors to manage risk.

ICICI Prudential Bharat 22 FoF
This fund focuses on PSU companies. It has potential but can be volatile. Keep an eye on its performance.

HDFC Mid Cap Opportunities
Mid-cap funds can provide good growth. They are riskier than large-cap but can outperform in the long run. Your SIP in this fund is a smart choice.

Mahindra Manulife Aggressive Hybrid
This hybrid fund balances equity and debt. It offers stability and growth. This fund is a good addition to your portfolio.

Nippon India Ultra Short Duration
This fund invests in short-term debt instruments. It provides liquidity and low risk. It's suitable for short-term goals.

Disadvantages of Direct Funds
Direct funds might seem cheaper due to lower fees. However, regular funds through a Certified Financial Planner (CFP) offer several benefits:

Professional Advice: A CFP provides tailored advice based on your goals.

Active Management: Regular funds are actively managed by experts.

Emotional Support: CFPs help you stay disciplined during market fluctuations.

Enhancing Your Portfolio
Diversify: Ensure you have a mix of equity, debt, and hybrid funds.

Long-Term Focus: Stay invested for the long term to ride out market volatility.

Review Regularly: Monitor your investments and make adjustments as needed.

Actively Managed Funds vs Index Funds
Actively managed funds aim to outperform the market. They can provide higher returns than index funds, which only track the market. Although actively managed funds have higher fees, the potential for better performance justifies the cost.

Final Insights
Keep Learning: Enhance your knowledge about investments.

Stay Disciplined: Consistency is key to wealth creation.

Seek Professional Help: A Certified Financial Planner can guide you better.

Your current investment approach is commendable. With slight adjustments, you can further improve your portfolio.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,


...Read more


Ramalingam Kalirajan  |5200 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 24, 2024

Asked by Anonymous - Jul 15, 2024Hindi
Hi iam 29 years old Currently I'm investing 2.5k in Mirae assets emerging bluechip fund. 2k in ICICI prudential technology fund. 1.5k in axis small cap fund. 1k in quant small cap fund. 1k in quant infrastructure fund. Are those funds good for long-term like 20 years plz answer.
Ans: Current Investment Overview

At 29 years old, you have a well-diversified portfolio. Your investments include:

Rs 2,500 in an emerging bluechip fund

Rs 2,000 in a technology fund

Rs 1,500 in a small cap fund

Rs 1,000 in another small cap fund

Rs 1,000 in an infrastructure fund

Evaluation of Fund Selection

Emerging Bluechip Fund

Potential for Growth: This fund targets mid-cap and large-cap stocks. These offer substantial growth potential over the long term.

Risk Factor: It carries moderate to high risk, suitable for your long-term horizon.

Technology Fund

Sector Focus: This fund invests in the technology sector. Technology is a rapidly evolving sector with high growth potential.

Volatility: Sector funds are more volatile. Diversification within your portfolio helps manage this risk.

Small Cap Funds

High Growth Potential: Small cap funds can offer high returns. They invest in smaller companies with significant growth potential.

High Risk: These funds are high-risk due to market volatility. Holding for 20 years can help ride out market fluctuations.

Infrastructure Fund

Sector-Specific Growth: Infrastructure funds invest in infrastructure projects. This sector can benefit from government policies and economic growth.

Moderate to High Risk: Sector-specific funds can be volatile. Diversifying across sectors helps balance your portfolio.

Benefits of Actively Managed Funds

Professional Management

Expertise: Actively managed funds are handled by experienced fund managers.

Research and Analysis: Fund managers conduct in-depth research to make informed investment decisions.


Dynamic Adjustments: Managers can adjust the portfolio based on market conditions. This can help mitigate risks and capitalize on opportunities.

Regular Monitoring: Continuous monitoring ensures the portfolio aligns with market trends and investment goals.

Disadvantages of Direct Funds

Lack of Professional Guidance

Self-Management: Direct funds require you to manage your investments. This involves research, analysis, and regular monitoring.

Time-Consuming: Managing direct funds can be time-consuming. It requires a thorough understanding of market dynamics.

Risk of Errors

Potential for Mistakes: Without professional advice, there's a higher risk of making investment errors. This can affect your returns.

Missed Opportunities: Lack of expertise can lead to missed investment opportunities.

Recommendations for Long-Term Strategy

Maintain Diversification

Balanced Portfolio: Continue diversifying across different sectors and fund types. This reduces risk and enhances growth potential.

Regular Review: Review your portfolio periodically. Ensure it remains aligned with your long-term goals.

Increase SIP Amount Gradually

Boost Investments: Gradually increase your SIP amounts. This helps in building a substantial corpus over time.

Compounding Benefits: Higher investments benefit from compounding returns, accelerating your wealth growth.

Consult a Certified Financial Planner

Expert Advice: Seek advice from a Certified Financial Planner. They can provide personalized recommendations based on your financial goals.

Holistic Approach: A CFP can offer a 360-degree financial solution, ensuring all aspects of your financial health are covered.

Final Insights

Your current investment strategy is solid for long-term growth. Diversify your portfolio, increase SIP amounts, and seek professional advice. This will ensure a secure and prosperous financial future.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner,


...Read more


Ramalingam Kalirajan  |5200 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 24, 2024

Asked by Anonymous - Jul 15, 2024Hindi
Hi sir myself jagadish.m I have two kids one of age 4 years and one of 1year.I have own house in Bangalore and 4acres farmland in Andhrapradesh.I am planning to save money for my kids future.Currently I am doing trading with 15lakhs by taking advisory.I am happy with returns from trading so far.Pls suggest me suitable entity to invest
Ans: Current Financial Situation
You have two young children, a house in Bangalore, and farmland in Andhra Pradesh. You are also trading with Rs. 15 lakhs and are satisfied with the returns.

Appreciating Your Efforts
It's commendable that you are actively trading and seeing positive results. Your initiative in planning for your children's future is also praiseworthy.

Goals for Your Children's Future
To secure your children's future, it's essential to have a diversified investment strategy. Here are some key areas to consider:

Education Planning
Start Early: Investing early gives you the advantage of compounding.

Estimate Costs: Calculate the future cost of education. Consider inflation in your calculations.

Investment Options: Look at equity mutual funds for long-term growth. They can provide higher returns over time.

Child Plans
Dedicated Plans: Consider child-specific investment plans. These plans offer benefits tailored for children's future needs.

Dual Benefits: These plans often provide life cover and investment growth. They ensure financial security for your children.

Systematic Investment Plan (SIP)
Regular Investments: SIPs allow you to invest a fixed amount regularly. It helps in disciplined saving.

Rupee Cost Averaging: SIPs benefit from market fluctuations. They help in averaging out the purchase cost of units.

Flexibility: You can start SIPs with small amounts. They offer flexibility to increase investments over time.

Benefits of Actively Managed Funds
Professional Management: Actively managed funds are handled by expert fund managers. They adjust the portfolio based on market conditions.

Higher Potential Returns: These funds aim to outperform market indices. They can offer higher returns compared to index funds.

Diversification: Actively managed funds invest in a variety of sectors. This reduces risk and enhances potential returns.

Disadvantages of Direct Funds
Self-Management: Direct funds require you to manage investments yourself. This can be challenging without professional advice.

Lack of Expertise: Without a Certified Financial Planner (CFP), you might miss out on strategic adjustments.

Higher Effort: Direct funds demand constant monitoring. It requires significant time and effort.

Benefits of Regular Funds Through a CFP
Expert Advice: A CFP provides personalized investment strategies. They consider your financial goals and risk tolerance.

Regular Monitoring: Your investments are regularly reviewed and adjusted. This ensures optimal performance.

Comprehensive Planning: CFPs offer a holistic financial plan. They cover all aspects of your financial life, including insurance, retirement, and estate planning.

Diversifying Investments
Balanced Portfolio: Diversify across equity, debt, and hybrid funds. This balances risk and returns.

Emergency Fund: Maintain an emergency fund. It should cover 6-12 months of expenses.

Insurance: Ensure adequate life and health insurance. It protects your family from unforeseen events.

Final Insights
Your proactive approach to securing your children's future is excellent. Focus on a diversified investment strategy. Consider education planning, child-specific plans, and SIPs. Opt for actively managed funds for higher returns. Avoid direct funds and benefit from the expertise of a Certified Financial Planner. Regularly review and adjust your investments to align with your financial goals.

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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