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Samraat

Samraat Jadhav  |2213 Answers  |Ask -

Stock Market Expert - Answered on Jan 31, 2024

Samraat Jadhav is the founder of Prosperity Wealth Adviser.
He is a SEBI-registered investment and research analyst and has over 18 years of experience in managing high-end portfolios.
A management graduate from XLRI-Jamshedpur, Jadhav specialises in portfolio management, investment banking, financial planning, derivatives, equities and capital markets.... more
karthi Question by karthi on Sep 01, 2023Hindi
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I am 20 years old now monthly base invest nearly 2000 rupees in stock market and bought like tata steel. ITC, Yes bank, tata motors devayani etc., kindly request to you suggest this way is correct or not

Ans: its a good way to invest through a SIP mode which will help in power of compunding
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  |8005 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 08, 2024

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hello sir, I'm 27 , it's been 3 months i have started my government job, my salary is 30k and right now I'm living with my parents so don't have much expense and can invest upto 8-10k per month , right now i have 1.) 2k in Aditya Birla Sun life PSU equity fund direct growth 2.) 2k in Quant Infrastructure Fund direct growth 3.) 2k in Invesco India PSU Equity Fund direct growth 4.) 1k in Motilal Oswal S&P BSE Enhanced Value Index Fund direct growth and 5.) 1k in HDFC infrastructure direct Plan Growth so can you please tell me should i continue this or change it. I have also the latest sgb series 1 share.
Ans: Hey there! It's awesome to hear that you've started your government job and are already thinking about investing for your future. Here's a breakdown of your current situation:
• You're 27 years old, just three months into your job, with a monthly salary of 30k.
• Living with your parents means lower expenses and more room to save and invest, which is fantastic!
• Currently, you're investing a total of 8-10k per month across various mutual funds.
• Additionally, you've invested in the latest Sovereign Gold Bond (SGB) series, which is a smart move.
It's essential to review your investment strategy periodically to ensure it aligns with your financial goals and risk tolerance. Here are a few points to consider:
• Diversification: It's great that you're investing across different mutual funds and also holding SGBs. Diversification helps spread risk.
• Performance: Keep an eye on the performance of your investments. If any fund consistently underperforms or doesn't align with your goals, you may consider switching.
• Risk: Assess the risk level of each fund and make sure it matches your comfort level. Some funds may be more volatile than others.
As a Certified Financial Planner, I recommend reviewing your portfolio with a professional to get personalized advice based on your financial goals and circumstances. They can help you make informed decisions and optimize your investments for the long term.
Remember, investing is a journey, and it's essential to stay disciplined and patient. Keep up the good work, and if you ever have any questions or need further guidance, feel free to reach out. You're on the right track!

..Read more

Ramalingam

Ramalingam Kalirajan  |8005 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 11, 2024

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Hi I have invested in Quant flexi cap Rs 200000/- hsbc large and mid cap Rs 100000/- Canara robico small cap Rs 50000/- tata digital Rs 50000/- Pgim india mid cap Rs 200000/- kotak blue chip Rs 200000/- Parag parekh flexicap Rs 200000/- SBI PSU Rs 50000/- Nippon india small cap Rs 200000/- HDFC flexicap 200000/- hsbc lage cap 200000/- Axis small cap 200000/- for 5 to 10 years also would like to add Rs 25000 every month pl advise.
Ans: It's evident that you've taken a proactive approach towards investing, with a diverse portfolio across various Mutual Funds (MFs). Let's assess your current investments and provide guidance on your future investment strategy.

Your portfolio reflects a mix of flexi-cap, large-cap, mid-cap, and small-cap funds, indicating a balanced approach to risk and return. Investing with a horizon of 5 to 10 years aligns with your long-term financial goals, offering the potential for capital appreciation over time.

Adding a monthly investment of Rs 25,000 further strengthens your commitment to wealth accumulation and provides an opportunity to benefit from rupee-cost averaging, especially during market fluctuations.

However, it's essential to review your portfolio periodically to ensure alignment with your financial objectives and risk tolerance. Consider the following suggestions:

Diversification: While diversification is essential, having multiple funds within the same category may lead to overlap and concentration risk. Evaluate if certain funds serve similar purposes and consider consolidating or reallocating accordingly.

Review Performance: Regularly monitor the performance of your MFs and compare them against their benchmarks and peers. Funds that consistently underperform may warrant reconsideration.

Asset Allocation: Assess your asset allocation to ensure it aligns with your risk profile and investment horizon. Depending on your age and risk tolerance, you may consider adjusting the allocation between equity and debt funds.

Stay Informed: Keep yourself updated on market trends, economic indicators, and fund manager changes. This knowledge will empower you to make informed investment decisions.

Seek Professional Advice: Consider consulting with a Certified Financial Planner to review your portfolio comprehensively. They can provide personalized advice tailored to your financial goals and help optimize your investment strategy.

Overall, your commitment to long-term investing and systematic additions to your portfolio are commendable. With regular monitoring and adjustments, you're well-positioned to achieve your financial aspirations.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

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