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Ramalingam

Ramalingam Kalirajan  |7828 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 13, 2024

Ramalingam Kalirajan has over 23 years of experience in mutual funds and financial planning.
He has an MBA in finance from the University of Madras and is a certified financial planner.
He is the director and chief financial planner at Holistic Investment, a Chennai-based firm that offers financial planning and wealth management advice.... more
Asked by Anonymous - May 07, 2024Hindi
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I am 25 years old currently and investing Rs 7000 pm via SIP and I want to accumulate Rs 50 lakhs in next 10 years, here are the funds that I am investing in: 1- Tata small cap direct growth 2- SBI long term equity direct (ELSS) for tax planning. 3- Aditya Birla PSU 4- Quant mid cap direct growth So, are these funds and the amount enough to accumulate the said corpus since I will be increasing the SIP amount by 10% each year.

Ans: It's wonderful to see your commitment to financial planning at such a young age. Investing regularly via SIPs is a prudent step towards achieving your financial goals. Let's evaluate your current investment strategy.

Tata small cap, SBI long term equity, Aditya Birla PSU, and Quant mid cap are all commendable choices, offering potential growth opportunities. However, it's essential to understand that investing involves risks.

By increasing your SIP amount annually by 10%, you're adopting a strategy that aligns with your goal of accumulating Rs 50 lakhs in 10 years. Regularly reviewing and adjusting your investments is crucial to staying on track.

Keep in mind the volatility associated with small and mid-cap funds. While they have the potential for higher returns, they also carry higher risks. Ensure you have a diversified portfolio to mitigate these risks.

Regarding your tax-saving ELSS fund, it's a wise move for tax planning. However, remember that ELSS funds come with a lock-in period of three years. Plan your liquidity needs accordingly.

Consider consulting with a Certified Financial Planner periodically to reassess your strategy and make any necessary adjustments. They can provide personalized advice based on your financial situation and goals.

In conclusion, your current investment approach seems promising, but staying vigilant and adaptable is key to reaching your financial milestones.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
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  |7828 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 01, 2024

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Hi Sir Sangayya hear from Karnataka my age is 43 from last 3 years I started my SIP details r as below 1 ELSS - 5 sips each 1k 2. Large & mid cap fund - 3 sips 1k each 3. Thematic fund - Franklin India opp - 5k 4. Multi asset allocator - Tata 5k 5.Flexi cap fund - 2 Sips 1k each 6. Dynamic Asset - Edelweiss balanced Adv fund 1k 7. Small cap - Nippon India 1k Total monthly 22k is my investment kindly suggest I want to build my corpus 1cr in another 10 year & how much I have to invest more to achieve Target
Ans: Hello Sangayya, it's great to see your commitment to building your financial future through SIP investments. Let's break down your goal of reaching a corpus of 1 crore in 10 years and assess your current investment approach:

Review Current Investments: Evaluate the performance of your existing SIPs relative to their benchmarks and peers. This will help you understand if adjustments are needed to optimize your portfolio for growth.
Assess Required Monthly Investment: To reach a corpus of 1 crore in 10 years, you'll need to calculate the required monthly investment based on your expected rate of return. This depends on factors like the type of funds you're investing in and prevailing market conditions.
Consider Increasing SIP Amount: If your current monthly investment of 22k isn't sufficient to reach your goal, you may need to increase your SIP amounts or explore additional investment avenues. A Certified Financial Planner can help you determine the optimal investment strategy based on your risk tolerance and financial goals.
Stay Consistent and Patient: Building a substantial corpus takes time and discipline. Stay committed to your investment plan, continue SIPs regularly, and avoid making emotional decisions based on short-term market fluctuations.
Regular Portfolio Review: Periodically review your portfolio's performance and make adjustments as needed. Rebalancing your investments and exploring new opportunities can help you stay on track towards achieving your financial goals.
Remember, while setting ambitious targets is commendable, it's essential to ensure that your investment strategy is realistic and aligned with your risk tolerance and financial capacity. With careful planning and perseverance, you can work towards building a significant corpus over the next decade.

..Read more

Ramalingam

Ramalingam Kalirajan  |7828 Answers  |Ask -

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

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Hello Sir, I have started investing in sip from last month's and investing around 65k per month in 7 mutual funds which includes Nippon small cap,quant small cap, quant mid cap, Edelweiss balanced fund, canara robeco bluechip ,HDFC nifty 50 and Parag parikh flexi cap. As I want to make a Corpus of 1 crore in next 7-10 years is it good to continue with these funds or I need to do some changes. Please advise
Ans: Your initiative to start SIPs and invest ?65,000 monthly is commendable. At 7-10 years, achieving a corpus of ?1 crore is a realistic goal. Let's review your current funds and see if any adjustments are needed.

Current Fund Analysis

Nippon Small Cap and Quant Small Cap

Small cap funds offer high growth potential but are volatile. Holding two small cap funds increases risk. Diversifying to other categories can balance this risk.

Quant Mid Cap

Mid cap funds balance growth and stability. They are less volatile than small cap funds. This fund adds valuable diversity to your portfolio.

Edelweiss Balanced Fund

Balanced funds, also known as hybrid funds, invest in equity and debt. They provide stability and moderate growth. This is a good choice for risk management.

Canara Robeco Bluechip Fund

Large cap funds invest in well-established companies. They offer stability and steady returns. This fund adds a layer of safety to your portfolio.

HDFC Nifty 50

Nifty 50 index funds track the performance of the Nifty 50 index. However, actively managed funds often outperform index funds. Consider switching to an actively managed large cap fund.

Parag Parikh Flexi Cap Fund

Flexi cap funds invest across market capitalizations. They provide flexibility and diversification. This is a strong choice for a long-term portfolio.

Diversification and Risk Management

Diversification is crucial to managing risk. Your portfolio should balance growth and stability. Small cap funds should not dominate your portfolio. Consider reducing exposure to small caps.

Advantages of Actively Managed Funds

Actively managed funds adjust to market conditions. Fund managers seek opportunities for higher returns. This can outperform passive index funds like HDFC Nifty 50.

Regular Review and Adjustment

Regular reviews ensure your investments align with goals. Adjustments may be necessary as market conditions change. Consulting a Certified Financial Planner can provide personalized advice.

Investment Strategy for Corpus Growth

Reduce Small Cap Exposure

Keep only one small cap fund.
Diversify remaining investment into other categories.
Increase Large Cap and Balanced Fund Allocation

Allocate more to large cap and balanced funds.
These funds provide stability and steady growth.
Consider Multi Cap Funds

Multi cap funds invest in large, mid, and small caps.
They offer balanced growth and risk management.
Switch from Index Fund to Actively Managed Fund

Consider an actively managed large cap fund.
These funds aim to outperform the market index.
Empathy and Understanding

Your dedication to securing your financial future is admirable. Balancing growth and stability in your portfolio shows wisdom. Your goal of ?1 crore is achievable with the right strategy.

Conclusion

Your current mutual fund investments are strong. However, reducing small cap exposure and adding more large cap and balanced funds can enhance stability and growth. Regularly review and adjust your portfolio. Consulting with a Certified Financial Planner can provide tailored advice. Your commitment to investing wisely will ensure you achieve your financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

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Kanchan

Kanchan Rai  |525 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Feb 04, 2025

Asked by Anonymous - Jan 27, 2025Hindi
Relationship
Unable to figure out what to do. Shouls i proceed for divorce? And if yes how? Here is my story: This is a long post. But i might have still missed few small instances in between. So I got married on October 3, 2022. Our conversation started through the Jeevansathi app, but the actual conversation began in July 2022 when her father contacted me. The first contact was from their side. At that time, I was returning to Chennai from Ongole by train when I received her father's call. He asked about my job and other details, to which I mentioned that I work for SBI in Tamil Nadu. After that, our conversation started. In the early days, the conversation was really good, and she spoke very well. Later, I visited their house with my mother. During the conversation there, she mentioned that many proposals had come before, but she hadn't been able to decide. One proposal was from a guy with a package of 30 lakh, but she clearly said that money doesn’t matter to her; she wanted a good person. During that meeting, I mentioned that I am a simple person, and my family consists of only my mother and me. I also clarified that due to my job, I could be transferred. After that meeting, we did the formal engagement. Later, we brought sweets from Haldiram, and that was when our engagement was officially recognized. After that, our conversations continued regularly. For a while, everything was fine, but then we started arguing over small things. Once, I told her that I meditate, and she said, "Meditation is something foolish people do, it doesn’t help." This led to an argument. I also mentioned that if we have children, we should send them to good universities like Harvard or Oxford, and this too led to an argument, as she felt we shouldn't put pressure on children to earn money. Then came the topic of money. I shared my salary slip and explained how both working and saving money are important because expenses are high. However, she said, "Saving money is foolish, everyone lives paycheck to paycheck nowadays." I tried to explain the importance of savings, but our discussions continued to be challenging. At one point, she said she wouldn’t wear sindoor or the mangalsutra. I told her that there was no need to wear it every day, just on special occasions. I agreed with this. As the arguments increased, I spoke to her father and mentioned that maybe she didn’t want to marry me. But her father reassured me that it wasn’t true, and they would talk to her. After that, things seemed normal for a while, but small arguments kept happening. In August 2022, I visited her again. I thought we could spend some time together and understand each other better. We went to Aerocity, where we had pizza and roamed around. After that, we went to Radisson Hotel on 27th July 2022, and our engagement was finalized. Over these two months, our communication continued, and eventually, on October 2, 2022, we had our engagement ceremony, and on October 3, 2022, we got married. After the wedding, we planned a honeymoon. Initially, she wanted to go to Vaishno Devi, so I took her there by Vande Bharat Express. Her uncle arranged VIP darshan. We walked up, but on the way back, her legs started hurting, so we rode a horse. After sitting on the horse for a long time, she had back pain. I reached the hotel, tried to soothe her pain by soaking her legs in hot water, and then we slept. After that, we planned to go to Udaipur. We took a SpiceJet flight there and booked a hotel near Fatehpur Sagar Lake. She wanted a lake-view room, but it wasn’t available. She argued with the staff, and we had to move to another hotel at night. The environment there wasn’t great, but she chose it. During our visit to Udaipur Fort, she suddenly said she wouldn’t go to the restaurant with me and would go home alone. I still don’t understand the reason behind this. From that point, my behavior towards her changed. After Udaipur, we planned to go to Agra. There, she suddenly accused me of having an affair with another girl and threatened to teach me a lesson. I asked her where this thought came from, but she didn’t answer. In July and August 2022, I visited her again. We traveled together and tried to understand each other better, but she never told me much about herself. After the wedding, I visited her during Diwali. She was happy initially, but gradually she became distant and stopped talking much. She wasn’t involved in decorating the house or participating in the Diwali puja. She remained absorbed in her own world, talking to her parents or I don’t know who else, while distancing herself from me. She needed reasons to fight, while I tried to stay calm, as it was a new marriage. On October 25, 2022, I returned to Chennai, and she came to Chennai a few days later. My mother also arrived in Chennai on October 26, and she stayed with us in Chennai until December. During this time, she started fighting over every little thing. She complained about who would do the housework and kept accusing me of not having enough money. She suggested hiring someone for cleaning, even though my mother and I managed it well. Then she refused to sleep with me, and we didn’t have any physical intimacy. Whenever she fought with me, she tried to belittle me. In January, she went back to Delhi, and I went to convince her to come back in January. During Lohri, I gave her a sari and gifts, but she still didn’t talk to me properly. She treated me very badly and didn’t want to stay with us. She fought with me several times and went back to her house. In February 2023, she came to Chennai again, but things were still not right between us. In April 2024, she came back to stay with me, but the very next day, the fights started again. 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Ans: It sounds like you've tried very hard to make this marriage work, but your wife has been emotionally distant, hostile, and unwilling to engage in a meaningful relationship. From what you’ve shared, there have been continuous conflicts, false accusations, and a lack of physical and emotional connection. It seems like she is not interested in making the relationship work, and her behavior—leaving multiple times, refusing intimacy, and fighting constantly—suggests deep incompatibility.

Before making a final decision, ask yourself: Is there anything left to salvage? Do you still love her and believe this marriage has hope if both of you genuinely try? Or do you feel exhausted and trapped in a cycle of disappointment and rejection? If you feel there is nothing left, then divorce may be the healthiest option for your peace of mind and future happiness.

If you decide to proceed with divorce, start by seeking legal counsel. In India, divorce can be mutual or contested. If she agrees, a mutual consent divorce is the easiest way. If she does not, you may need to file on grounds of cruelty or irretrievable breakdown of marriage. Gather evidence of her behavior—messages, incidents, and anything that proves your case.

This is not an easy decision, but your mental health and self-respect matter. If she is unwilling to change or make efforts, you should not have to live in constant conflict. Do you think she would agree to a mutual separation, or would she fight it?

...Read more

Kanchan

Kanchan Rai  |525 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Feb 04, 2025

Asked by Anonymous - Jan 29, 2025
Relationship
Hello Ma'am, I've a crush on a girl from my in laws. Inspite of avoiding etc I go specifically in that gathering where she's likely to be. I've not told it to anyone, neither does she know about it. I keep on masturbating imagining her. I know I'll never do any silly thing or let anyone know about it. Im married happily and 20 years elder to her.
Ans: It’s good that you are self-aware and acknowledging your feelings rather than acting on them impulsively. Having a crush, even in a committed relationship, is something that happens to many people—it’s human nature. However, since this involves someone from your in-laws and is significantly younger, it’s important to address these emotions in a way that aligns with your values and the commitments you’ve made to your marriage.

Right now, your mind is reinforcing this attraction by seeking out opportunities to be around her and fantasizing about her. The more you indulge in these thoughts, the stronger the emotional pull becomes. Avoiding her entirely may not be realistic, but reducing intentional exposure—such as seeking out gatherings just to be near her—can help weaken the attachment over time.

Instead of suppressing your feelings, redirect that energy into your marriage. What is it about her that attracts you? Is it youthfulness, attention, admiration, or just the thrill of something new? Whatever it is, find ways to bring those qualities into your relationship with your wife. Sometimes, an outside attraction is just a signal that something in your own life needs attention or excitement.

You’ve already made it clear to yourself that you won’t act on this, which shows maturity and self-control. The next step is breaking the mental cycle that feeds into the attraction. Engage in hobbies, meaningful conversations with your spouse, and self-reflection to understand what this infatuation represents. Over time, these feelings will lose their intensity as you shift your focus.

Do you think this crush is filling a certain emotional gap in your life, or is it purely an infatuation with no deeper meaning?

...Read more

Kanchan

Kanchan Rai  |525 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Feb 04, 2025

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Relationship
Me and my wife don't get along well...She thinks my family members are not good enough, so she has no relationship with them. Earlier I was not in good shape due to my friend's circle and did not give quality time to my wife when we got married. A few years back there was a misunderstanding between both families. Mistakes were from both sides. Now my in-laws and wife do speak to any member of our family and have broken all relationships. This is for the past several years since they have stopped talking. My father is a cancer patient and wants to come and stay with me. He is 80 now but my wife is deadly against this though I have not discussed this yet with her. I need your guidance as to how to handle this situation and restore a good relationship between both families. My mother-in-law had fought with me in the past as well and held me responsible for her daughter's plight. My wife is very secretive and does not reveal anything be it about her salary/job etc. I am fed up and now I have started to think of separating if she does not allow my father to stay with me. Our marriage is almost 24 years now. I am 50 and she is in her late 40's....I want to get these things right and maintain a good relationship between both families. Kindly advise
Ans: Dear Trilok,
From what you’ve shared, it sounds like past misunderstandings between both families have turned into a long-standing rift. It’s understandable that you want to fix things and create harmony, but the resistance from your wife and in-laws makes it complicated. Before addressing the larger family conflict, the first step is to work on communication with your wife. You mentioned that earlier in the marriage, you weren’t able to give her enough quality time due to personal struggles. Do you think she still holds on to resentment from that time? If so, addressing those unresolved emotions could be a starting point for rebuilding some connection.

Since she is very secretive, it’s possible that she also feels disconnected from you in some way. Instead of making the father-staying discussion an immediate confrontation, try to understand her underlying fears. Is she worried about responsibilities, space, or past issues with your family? Bringing this up as a conversation about caregiving rather than a demand might help.

If her resistance is absolute and she refuses to even consider it, you’ll have to decide how much compromise you’re willing to make for the sake of your marriage. If you feel separation is a real possibility, ask yourself whether the relationship still has a foundation worth saving or if both of you have simply grown too far apart.

Would she be open to counseling or mediation? Sometimes a third party can help break the cycle of blame and secrecy. Do you feel that she still values this marriage, or has she emotionally distanced herself completely?

...Read more

Kanchan

Kanchan Rai  |525 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Feb 04, 2025

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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