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Hemant

Hemant Bokil  | Answer  |Ask -

Financial Planner - Answered on Feb 23, 2023

Hemant Bokil is the founder of Sanay Investments. He has over 15 years of experience in the field of mutual funds and insurance.Besides working as a financial planner, he also hosts workshops to create financial awareness. He holds an MCom from Mumbai University.... more
ANIL Question by ANIL on Feb 16, 2023Hindi
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1. How does one get to know which MF Scheme follows Value style of investing and which Growth? 2. With 5 years horizon in mind which of these two schemes would be better to park spare funds in: HDFC Low Duration or Long Duration Debt Fund? 3. What's your take on PGIM Midcap fund in the 10 years plus horizon?

Ans: Hi in Ref of of Q 1, you need to provide inputs as to what exactly you want to track by knowing investment strategy of a fund,

For Q 2, for 5 years debt fund will not be a right option, but still if you need answer then I go with latter if hdfc fund

For Q 3
Yes its good to invest in it
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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Ramalingam

Ramalingam Kalirajan  |8221 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 26, 2024

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Hello Sir, ..For a long term goals for about 20 years, I have listed out few MF schemes. I have already invested in debt funds about 8lac and they part of fixed income allocation. Please suggest me if equity selection in these 5 schemes for 20 years is good enough. total investment per month is 30k with sip of each scheme being 6k . 1 large cap - 6k, 1 mid cap- 6k, 1 small cap-6k, 1 BAF-6k & 1 value fund- 6k. Thank you
Ans: Analyzing Your Long-Term Mutual Fund Investment Strategy

Congratulations on your proactive approach to long-term financial planning. As a Certified Financial Planner (CFP), I'll assess the equity selection in your chosen schemes and offer insights to help you achieve your investment goals over the next 20 years.

Assessing Equity Fund Selections

Your selection of one large-cap, one mid-cap, one small-cap, one balanced advantage fund (BAF), and one value fund reflects a well-diversified approach to equity investing. Each fund category serves a specific purpose in portfolio construction, offering exposure to different segments of the market.

Analyzing Growth Potential and Risk Profiles

Large-cap funds typically offer stability and consistency, making them suitable for conservative investors. Mid-cap and small-cap funds, on the other hand, provide higher growth potential but come with increased volatility. Balanced advantage funds aim to manage risk through dynamic asset allocation, while value funds focus on undervalued stocks with potential for long-term appreciation.

Evaluating Fund Managers and Track Records

Assessing the track records and expertise of fund managers is crucial in evaluating the potential success of your chosen schemes. Consistent performance across market cycles and adherence to investment philosophies are indicators of managerial competence. As a CFP, I recommend researching fund manager credentials and tenure to ensure alignment with your investment objectives.

Considering Market Conditions and Economic Outlook

Staying abreast of prevailing market conditions and economic trends is essential for making informed investment decisions. Regular portfolio reviews and adjustments may be necessary to capitalize on emerging opportunities and mitigate risks. As a CFP, I emphasize the importance of long-term perspective and disciplined investing, especially during market fluctuations.

Mitigating Risks Through Diversification

While your selection of equity funds offers diversification across market segments, it's essential to periodically review your portfolio for potential overlaps and concentration risks. Diversifying across asset classes, including equities, debt, and alternative investments, can further mitigate portfolio volatility and enhance risk-adjusted returns.

Optimizing Investment Strategies With a CFP

As a CFP, I can provide personalized advice and ongoing portfolio management to optimize your investment strategies. Opting for regular plans through Mutual Fund Distributors (MFDs) with a CFP credential ensures access to professional guidance and tailored solutions aligned with your financial goals.

Making Informed Investment Decisions

In conclusion, your selection of equity funds for long-term wealth accumulation demonstrates a strategic approach to portfolio construction. By leveraging the expertise of a CFP and staying disciplined in your investment approach, you can navigate market fluctuations and work towards achieving your financial objectives over the next 20 years.

Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |8221 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 04, 2024

Asked by Anonymous - Jan 14, 2024Hindi
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Hello sir, pl ignore our previous question. Sorry. Pl advise on below i am 45 yrs old & want to take parag parikh flexi cap for long terms (approx 15-20yrs). Shall i take mutual fund or SIP for the same. I want to invest either 1.00 lacs lumsum amount in MF or ?5000 p.m. in SIP. Which option shall i chose. Pl advise Also i invested in the following 1) MF: amount ?50000 in aditya birla sunlife equity hybrid 95 fund growth & HDFC flexicap fund growth (for long term) 2) Mf: lumsum amount ?100000 in nippon India large cap fund growth 3) SIP: HDFC retirement saving fund equity plan-regular plan- growth @ ?10000/-p.m. & aditya birla sun life digital india fund-growth-regular plan Also advise on above mf/sip whether is it good for long term
Ans: Given your investment horizon of 15-20 years and your preference for Parag Parikh Flexi Cap Fund, here's my advice:

Investment Method:
For a long-term horizon like yours, both lump sum investment and SIP have their advantages.
Lump sum investment entails putting in a larger amount upfront, potentially benefiting from market growth over time.
SIP, on the other hand, allows you to invest regularly, benefit from rupee cost averaging, and mitigate the impact of market volatility.
Choice between Lump Sum and SIP:
Considering the current market conditions and the potential for volatility, SIP can be a prudent choice.
By spreading your investments over time, SIPs can help smoothen the impact of market fluctuations and reduce timing risk.
You can start with an SIP of Rs. 5,000 per month in Parag Parikh Flexi Cap Fund and increase the amount gradually over time, leveraging the power of compounding.
Regarding your existing investments:

Aditya Birla Sunlife Equity Hybrid 95 Fund Growth and HDFC Flexicap Fund Growth:
These funds have the potential to provide balanced growth by investing in a mix of equity and debt instruments.
Given your long-term horizon, they can be suitable choices for wealth accumulation.
Nippon India Large Cap Fund Growth:
Large-cap funds like these tend to offer stability and steady growth potential over the long term.
It can serve as a core holding in your portfolio, providing exposure to established companies with strong fundamentals.
HDFC Retirement Saving Fund Equity Plan-Regular Plan-Growth and Aditya Birla Sun Life Digital India Fund-Growth-Regular Plan:
These funds cater to specific themes (retirement saving and digital India), which can add diversification to your portfolio.
Given your long-term horizon, they can complement your existing investments, provided you have a high-risk tolerance and believe in the long-term growth potential of these sectors.
Remember to regularly review your portfolio's performance and make adjustments as needed based on changes in your financial goals, risk tolerance, and market conditions. Consulting with a Certified Financial Planner can provide personalized guidance tailored to your individual needs and objectives.

..Read more

Ramalingam

Ramalingam Kalirajan  |8221 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Aug 21, 2024

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Hello sir, I am 48 yrs old, salaried, just stared to invest in MF. I selected the following funds for monthly SIP of rs 10000 each... 1. Nippon India large cap fund direct growth 2. Motilal Oswal midcap fund direct growth 3. Quant large & Mid cap fund direct growth Please advice all these choices are ok? Also pl advice two more funds to invest sip of rs 10000 each and likely to invest lumpsum of 2 lakhs every 6 months....expecting carpus of 3cr during my retirement age of 60yrs old. Advance thanks
Ans: You are 48 years old and have started investing in mutual funds. You plan to invest Rs 10,000 per month in three selected funds. Additionally, you are looking to invest Rs 10,000 per month in two more funds and a lump sum of Rs 2 lakhs every six months. Your goal is to accumulate a corpus of Rs 3 crore by the time you retire at age 60.

This is a critical time in your financial journey, and it's essential to make informed decisions. Your choices will significantly impact your retirement corpus.

Evaluating Your Current Fund Selections
Nippon India Large Cap Fund (Direct Growth): Large-cap funds offer stability and are generally less volatile. However, direct plans require you to manage the investments yourself. This might be challenging without regular market insights. It’s advisable to invest in regular plans through a Certified Financial Planner (CFP) who can provide ongoing guidance and support.

Motilal Oswal Midcap Fund (Direct Growth): Midcap funds can offer higher growth but come with increased risk. Again, managing direct funds on your own can be complex. A CFP can help you navigate market changes and ensure your investments align with your goals.

Quant Large & Mid Cap Fund (Direct Growth): This fund provides a balance between stability and growth. However, the same concerns apply here regarding the direct plan. A CFP can help you maximize returns while managing risk.

Disadvantages of Direct Funds
Direct funds have lower expense ratios, but they lack the professional advice and management that comes with regular funds. This can lead to missed opportunities or increased risks, especially if you lack the time or expertise to monitor your investments closely.

Investing through a CFP in regular funds ensures that your investments are regularly reviewed and rebalanced. This approach aligns your portfolio with your financial goals and risk tolerance.

Recommendations for Additional Funds
To complement your existing investments and achieve your retirement goal, consider the following:

Diversification: It's crucial to diversify your portfolio across different asset classes and fund categories. This strategy helps in managing risk and improving potential returns.

Balanced or Hybrid Funds: Consider adding a balanced or hybrid fund to your portfolio. These funds invest in both equity and debt instruments, offering a mix of growth and stability. They can be an excellent addition, especially as you approach retirement.

Flexi-Cap Funds: Flexi-cap funds invest across large, mid, and small-cap stocks. This flexibility allows the fund manager to shift investments based on market conditions, potentially enhancing returns while managing risk.

Regular Plans with CFP Guidance: As mentioned earlier, it's advisable to invest in regular plans with the guidance of a CFP. This will ensure that your investments are well-managed and aligned with your retirement goal.

Investing Lump Sum Every Six Months
Lump sum investments can be a great way to boost your corpus. However, investing the entire amount at once can expose you to market volatility. Here’s how to approach it:

Systematic Transfer Plan (STP): Instead of investing the lump sum directly into equity funds, consider using a Systematic Transfer Plan (STP). Start by investing the lump sum in a debt fund, and then gradually transfer it to your equity funds. This strategy helps in averaging the purchase cost and reduces the impact of market volatility.

Diversification Across Funds: Spread your lump sum investments across different funds rather than concentrating it in one. This approach reduces risk and increases the potential for growth.

Achieving Your Rs 3 Crore Retirement Goal
Your goal of accumulating Rs 3 crore by the time you turn 60 is achievable with disciplined investing and proper planning. Here’s how to ensure you stay on track:

Consistent SIPs: Continue with your SIPs diligently. The power of compounding will significantly enhance your corpus over time.

Regular Reviews: Schedule regular reviews of your portfolio with your CFP. This will help in making necessary adjustments based on market conditions and your evolving financial goals.

Adjusting Contributions: As your income grows, consider increasing your SIP amounts. Even a small increase can have a significant impact over the long term.

Focus on Long-Term Growth: Avoid the temptation to withdraw from your investments for short-term needs. Keep your focus on the long-term goal of building a substantial retirement corpus.

Final Insights
You have made a good start by choosing to invest in mutual funds. However, moving forward, it’s crucial to seek guidance from a Certified Financial Planner. This will ensure that your investments are aligned with your goals and are managed effectively.

By diversifying your portfolio, utilizing STPs for lump sum investments, and regularly reviewing your investments, you can achieve your goal of Rs 3 crore by the time you retire. Your commitment to consistent investing will pay off, securing a comfortable retirement for you.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Latest Questions
Ramalingam

Ramalingam Kalirajan  |8221 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 12, 2025

Asked by Anonymous - Apr 12, 2025Hindi
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I am 38 year old in IT, draws a little over 3L per month, married and 3 kids. First one in 5th standard, second in UKG and third is in play school. Wife working in IT as well drawing 2L per month. We have Two houses - one individual house estimated value (1.5 CR) with 18L loan pending paid by me (26.5k per month EMI) and other apartment nearing completion estimated value (1CR) with 50L loan pending paid by my wife (47k per month EMI). As far as other savings are concerned I have around 50L in MFs and my wife has 20L. I have 5L in stocks, 5L in FDs and 5L in other markets. My PF value is around 25L. My wife PF and Gratuity together around 20L. We have Vehicles estimated to give 10L. Currently living in a metro city for our work with expenses upto 2L per month including loans, kids education, rent etc Please tell us what more needed for us to retire and move to less expensive tier 2 place where living expenses can be between 50k - 1l name month.
Ans: Current Financial Overview
Age: 38 years

Monthly Income: Rs. 5 lakh (combined)

Monthly Expenses: Rs. 2 lakh (including EMIs)

Assets:

Mutual Funds: Rs. 70 lakh

Stocks: Rs. 5 lakh

Fixed Deposits: Rs. 5 lakh

Other Investments: Rs. 5 lakh

Provident Fund: Rs. 45 lakh (combined)

Vehicles: Rs. 10 lakh

Liabilities:

Home Loan 1: Rs. 18 lakh (EMI: Rs. 26,500)

Home Loan 2: Rs. 50 lakh (EMI: Rs. 47,000)

Retirement Corpus Estimation
Target Monthly Expenses Post-Retirement: Rs. 1 lakh

Expected Retirement Age: 50 years

Life Expectancy: 85 years

Inflation Rate: 6%

Expected Return on Investments Post-Retirement: 8%

Based on these assumptions, you would require a retirement corpus of approximately Rs. 6 crore to maintain your desired lifestyle in a tier-2 city.

Children's Education Planning
Child 1: Currently in 5th standard

Child 2: Currently in UKG

Child 3: Currently in play school

Assuming higher education costs of Rs. 25 lakh per child in today's terms and considering an education inflation rate of 10%, the future cost for each child could be significantly higher. Therefore, it's essential to start dedicated investments for each child's education.

Action Plan
Increase Savings: Aim to save at least 40% of your combined monthly income.

Debt Reduction: Prioritize paying off high-interest debts to reduce financial burden.

Investment Strategy:

Continue investing in mutual funds with a focus on long-term growth.

Diversify your portfolio to include a mix of equity and debt instruments.

Emergency Fund: Maintain an emergency fund equivalent to 6 months of expenses.

Insurance:

Ensure adequate life insurance coverage for both you and your wife.

Obtain comprehensive health insurance for the entire family.

Final Insights
You're on a solid financial path with a strong income and investment base.

Focus on increasing your savings rate and reducing liabilities.

Plan systematically for your children's education expenses.

Regularly review and adjust your investment portfolio to align with your retirement goals.

Consider consulting a Certified Financial Planner to tailor a comprehensive financial plan for your family's needs.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

https://www.youtube.com/@HolisticInvestment

...Read more

Nayagam P

Nayagam P P  |4417 Answers  |Ask -

Career Counsellor - Answered on Apr 12, 2025

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Hii sir muje aaose puchhna hai mere bete ne ssc kiboard ki exam fi hai aage ki padhai k bare me thoda confuse hai hambe dmit bhi karvaya ...to dmit k councelar ne hame science stram lene se mana kar diya hai aur engineering me bhi dalne se mana kiya hame use cse diploma me karvana chahte the lekin councelar ne commers aur arts me jane ki salah di hai dmit test par kitna trust karna chahiye kya kare
Ans: Uday Sir, thank you for reaching RediffGURU. Your concern is completely valid — and many parents face the same confusion after 10th, especially after taking a DMIT test. Let me explain everything in a clear and practical way: DMIT (Dermatoglyphics Multiple Intelligence Test) is based on fingerprint patterns and claims to assess a child’s inborn talents, personality, and learning style. While it can give some general insights, it is not scientifically proven and should not be the sole basis for career decisions. However, to some extent, Psychometric Test will be more helpful, compared to DMIT, providing some suitable career options for your son. So, use DMIT as a guidance tool, not as the final decision-maker. What Should You Focus on Instead? His Interest + Aptitude + Effort — These matter more than any test. Look at your son's performance in Maths, Science, English, etc. during SSC. Has he shown any interest in: Coding or Computers? Business or Finance? Design or Creativity? Communication or Language? Based on this, you/he can help select the right stream (Engineering | Medical | Commerce | Arts-Humanities) or he prefers Diploma (like CSE Diploma after 10th) if he's not confident about handling 11th-12th Science, then a diploma in Computer Engineering (CSE) is a good alternative. After 3 years of diploma, he can join 2nd year of Engineering (B.E/B.Tech) through lateral entry. But again, it should be based on his interest in technology or computers — not pressure.

Talk to your son — ask what he enjoys or dreams about. Use DMIT + school marks + family guidance together to decide. Don’t choose a stream only because “DMIT said so” or “log kya kahenge.” All the best for your Son's Bright Future!

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Nayagam P

Nayagam P P  |4417 Answers  |Ask -

Career Counsellor - Answered on Apr 12, 2025

Asked by Anonymous - Apr 09, 2025Hindi
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Career
sir mene 2022-2023 baords diya tha pass nhi hua 2023-2024 diya hn pass hoga but percentage km aye then 2024-2025 krliya hn 90 percent aaye hn isme mene as a regular students karya hn naaki ki improvemnt likha nhi aayega school balo ne confirm kiyaa hn kya ab jee de skta mains and adv 2026 mein iwant to scoore good in adv sir 2026 with good rank
Ans: Your Academic History Recap: 2022-2023: Gave boards – Did not pass.2023-2024: Gave boards again – Passed, but low percentage. 2024-2025: Appeared as a regular student, scored 90%, and the school confirmed it won’t show as improvement. Are You Eligible for JEE Main & Advanced 2026? Yes, you are eligible for both JEE Main and Advanced 2026, because only your latest qualified attempt is considered, which is 2025. You passed 12th in 2025, so your first JEE Advanced attempt will be in 2025, and second in 2026 (which is what you’re planning). Make sure your 2025 mark sheet shows you as a regular pass and not an "improvement candidate. In JEE Advanced, eligibility criteria say: "A candidate should have appeared for the Class 12 (or equivalent) examination for the first time in either the previous year or the current year." You are within this rule because 2025 is your first full qualified passing year. Plan to Score High in JEE Advanced 2026. Since you have a full year to prepare, here’s a strategy: Focus on Concepts: Use NCERT, HC Verma, Irodov, Cengage, or MS Chauhan as per subjects. Join any reliable online Test Series. Solve PYQs (Last 20 years): For both Mains and Advanced. Revise Smartly: Make short notes, formula sheets, and track your weak areas. Stay Consistent: Use Pomodoro technique, meditation/yoga to stay sharp. If time permits, watch EduJob360 YouTube Videos on Engineering Entrance Exams, Preparation Strategies, Counselling & More. All the best for your preparation & admissions!

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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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