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Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Apr 22, 2022

Mutual Fund Expert... more

Question by Siddhi on Apr 22, 2022Hindi

Money

I am 25 years old. I am planning to invest 10k per month in MF. I earn around 30,000. Please suggest me the various MFs in which I can invest for a minimum term of 3 years.

Ans: You may invest Rs. 2500 each in these funds:

DSP Focused Fund – Growth
UTI Flexi Cap Fund – Growth
Samco Flexi Cap Fund – Growth
Parag Parekh Flexi Cap Fund – Growth

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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Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Jul 21, 2022

Question by Ganesh - Jul 21, 2022Hindi

Money

I am retired and will be getting pension of about Rs. 50000 per month I would like to invest Rs. 30,00,000 in MFs to a) Protect and grow the capital b) Generate regular income c) Save tax Kindly suggest MFs in which I can invest.

Ans: Sir, if all 3 is must than 3 different portfolio needs to be constructed.

a) Short term Debt funds with SWP

b) Hybrid with SWP

c) ELSS -- This will have a lock-in of 3 years.

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Dec 14, 2021

Question by Nadeem - Dec 14, 2021Hindi

Money

I want to start investing in MFs. I am a student. I can invest Rs 5,000 per month in any good MF to get 15-16 per cent returns. I want to remain invested for around three years. My goal is to collect Rs 5 lakh at the end of the third year. Please suggest the best MF. And also suggest the best platform to do this.

Ans: Rs 5,000 per month for three years will not be sufficient for a corpus of Rs 5 lakhs.

Nikunj Saraf |308 Answers |Ask -Follow

Mutual Funds Expert - Answered on Oct 10, 2022

Question by Sai - Oct 10, 2022Hindi

Money

Hello Nikunj - I am 40 and wish to start investing in MFs. I can invest up to 1.3 lakh per month. My aim is to continue investing it for next 5 years and have maximum returns. My risk appetite is moderate to high. Please advise which funds I should look at.

Ans: Hello Sai Kumar. Thanks for discussing your requirements. I recommend investing in the following schemes based on all factors:

Quant Flexi Cap Fund -- 40000
Canara Robeco Emerging Equities Growth -- 40000
Axis Mid Cap Fund -- 30000
Nippon India Small cap Fund -- 20000

Total: 130000

Ramalingam Kalirajan |8123 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Jul 22, 2024

Question by Siddharth - Jun 05, 2024Hindi

Money

Hi sir right now 22 I want to invest in MF around 2500 per month for next 28 years suggest some best MF

Ans: Investing in mutual funds is a smart decision. It's a great way to build wealth over time. Starting at 22 gives you a long investment horizon, which is advantageous.

Benefits of Mutual Funds
Diversification: Spreading risk across various assets.
Professional Management: Managed by experienced fund managers.
Liquidity: Easy to buy and sell.
Convenience: Suitable for different financial goals.
Evaluating Investment Options
Avoid index funds. They often track market indices passively. This means lower returns compared to actively managed funds.

Disadvantages of Index Funds:

Lower Flexibility: Limited to the index performance.
No Active Management: No adjustments based on market conditions.
Potential for Mediocre Returns: Follows the average market performance.
Instead, consider actively managed funds. They aim to outperform the market. Professional fund managers adjust the portfolio based on market trends.

Benefits of Actively Managed Funds
Higher Return Potential: Aims to beat the market.
Professional Management: Fund managers actively monitor and adjust the portfolio.
Flexibility: Can adapt to market changes.
Regular Funds vs Direct Funds
Investing through a Certified Financial Planner (CFP) has distinct advantages over direct funds.

Disadvantages of Direct Funds:

Lack of Professional Guidance: No expert advice.
Time-Consuming: Requires constant monitoring.
Higher Risk: Without professional insights, the risk increases.
Benefits of Regular Funds with CFP:

Professional Advice: Access to expert insights.
Better Decision Making: Informed investment choices.
Regular Monitoring: Constant portfolio reviews and adjustments.
Risk Management: Strategies to mitigate potential risks.
Recommended Strategy
Diversified Portfolio: Invest in a mix of large-cap, mid-cap, and small-cap funds.
Systematic Investment Plan (SIP): Invest Rs 2500 monthly via SIP.
Long-term Horizon: Continue investing for the next 28 years for optimal returns.
Steps to Start
Choose a Reliable Fund House: Ensure credibility and good track record.

Consult a Certified Financial Planner: Get personalized advice.

Start SIP: Automate your monthly investments.

Review Regularly: Monitor and adjust based on performance.

Final Insights
Starting early with mutual funds is commendable. By avoiding index funds and opting for actively managed funds, you can aim for better returns. Investing through a CFP provides professional guidance, ensuring informed decisions and effective risk management. Keep investing consistently, review periodically, and stay focused on your long-term goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Ramalingam Kalirajan |8123 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Mar 21, 2025

Asked by Anonymous - Jan 28, 2025Hindi

Money

I have invested in NPS (60000 per year) & PPF (125000 per year) UTI Index funds (50000 per year) emergency funds (75000 per year) after excluding all my expenses i can save 10k more. Which mutual funds i should invest?

Ans: Your existing investments are well-structured across different asset classes.

You are contributing Rs. 60,000 annually to NPS, ensuring retirement security.

Your PPF contribution of Rs. 1,25,000 provides tax-free growth and stability.

Your emergency fund of Rs. 75,000 annually ensures financial security.

However, index fund investment needs reconsideration for better growth potential.

Limitations of Index Funds
Index funds only replicate market performance and do not offer active management benefits.

Actively managed funds have a chance to outperform benchmarks over time.

Professional fund managers adjust portfolios based on market trends.

Index funds provide no flexibility during market downturns.

Market-cap-weighted indices allocate more to overvalued stocks, increasing risk.

Maximizing the Additional Rs. 10,000 Savings
Your Rs. 10,000 monthly surplus can enhance long-term wealth creation.

Investing in actively managed funds can provide higher potential returns.

Diversifying into growth-oriented equity mutual funds can be beneficial.

Sectoral and thematic funds can be explored for strategic allocation.

Avoiding overlapping funds ensures better risk-adjusted returns.

Choosing the Right Mutual Funds
Flexi-Cap Funds
Suitable for long-term growth and diversification.

Fund managers allocate across large, mid, and small-cap stocks.

Adaptability to market conditions enhances return potential.

Mid-Cap and Small-Cap Funds
Higher risk but potential for superior returns over 10-15 years.

Ideal for investors with long investment horizons.

Helps in wealth accumulation with disciplined SIPs.

Focused Funds
Invest in a limited number of high-potential stocks.

Better risk-adjusted returns with concentrated allocation.

Suitable for investors who can handle market fluctuations.

Sectoral and Thematic Funds
Focus on industries like manufacturing, technology, or consumption.

Good for long-term investment based on economic trends.

Requires careful selection to align with market cycles.

Ensuring Tax Efficiency
Long-term capital gains above Rs. 1.25 lakh are taxed at 12.5%.

Short-term gains are taxed at 20%.

Selecting funds with a long-term view minimizes tax impact.

Avoid frequent withdrawals to preserve compounding benefits.

Final Insights
Your financial planning is strong with disciplined investments.

Redirecting index fund investments to actively managed funds can improve growth.

Your additional Rs. 10,000 savings should be allocated strategically.

A mix of flexi-cap, mid-cap, small-cap, and focused funds ensures diversification.

Reviewing your portfolio periodically ensures alignment with financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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

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Mutual Funds, Financial Planning Expert - Answered on Mar 21, 2025

Asked by Anonymous - Feb 18, 2025Hindi

Money

I'd like to withdraw around 5% of my portfolio in mutual funds for an expense. As a long-term investor who started investing in 2015 and continues with SIPs, is it advisable to withdraw this amount during the current downturn?"

Ans: Withdrawing 5% from your mutual fund portfolio requires careful assessment.

Timing the market can be difficult, even for experienced investors.

You have been investing since 2015, which shows commitment.

SIPs ensure rupee-cost averaging, benefiting from market volatility.

The current downturn may not be the best time to withdraw.

Impact of Market Downturn on Withdrawal
Equity funds fluctuate based on market trends.

During a downturn, selling means locking in lower values.

If the market recovers, you might miss potential gains.

A partial withdrawal affects long-term compounding.

Assess if the withdrawal can be delayed.

Alternative Ways to Meet Expenses
Use surplus cash, if available, to avoid redeeming investments.

Consider liquid funds for short-term needs.

If you have dividends from funds, use them instead of withdrawing capital.

Emergency funds or savings accounts can be better options.

Selecting the Right Fund for Redemption
Avoid selling funds that are currently underperforming.

Look at funds that have met targets or are overweight in your portfolio.

If you hold sectoral or thematic funds, check their performance outlook.

Prioritize redeeming funds with minimal tax impact.

Tax Implications of Selling Mutual Funds
Long-term equity gains above Rs. 1.25 lakh attract 12.5% tax.

Short-term equity gains are taxed at 20%.

Debt mutual funds are taxed as per your income slab.

Consider splitting the withdrawal to reduce tax liability.

Maintaining Your Long-Term Goals
Withdrawing 5% is manageable but can delay wealth accumulation.

Ensure SIPs continue without disruption.

Reinvest when possible to recover lost growth.

Avoid frequent withdrawals to maintain portfolio stability.

Finally
Selling during a downturn is not ideal unless unavoidable.

Explore alternatives before redeeming mutual funds.

Choose the least disruptive fund to sell if necessary.

Keep your long-term financial goals in focus.

Best Regards,

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www.holisticinvestment.in

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Mutual Funds, Financial Planning Expert - Answered on Mar 21, 2025

Asked by Anonymous - Mar 21, 2025Hindi

Money

Dear Sir Namaskaram. Myself: Male 53 yrs B.P. since 2017 Andhra Brahmin Farmer's family Wife: 43 yrs. Suffering GERD since 2013 Daughter : 12 yrs. Mother: 70 yrs B.P. since 2020 Syster: 51 yrs Unmarried. Suffering with Depression & Schizophrenia for the past 30 years.Diabetic & B.P. for the past10 years Can you please suggest Health insurance policy/ policies as no health insurance coverage of any type as of now. Thank you very much sir

Ans: Getting health insurance for your family is very important. Since you have pre-existing conditions (BP, GERD, diabetes, schizophrenia), some insurers may have waiting periods or exclusions. But you can still get coverage with the right approach.

Key Factors to Consider
Pre-existing Diseases (PEDs): Most insurers have a waiting period of 2-4 years for existing illnesses. Some plans may offer waivers with extra cost.

Mental Illness Coverage: Schizophrenia and depression must be covered under IRDAI guidelines, but insurers may still have conditions.

Family Coverage: Choose individual or floater policies based on needs.

Senior Citizen Coverage: Your mother may need a separate senior citizen plan due to age and BP history.

Cashless Hospital Network: Ensure the policy covers hospitals near you.

Best Approach for Your Family
1. Individual Health Policies for Each Family Member
Since your sister has serious pre-existing conditions, a separate policy for her is better.

Your mother should get a senior citizen plan with day-care and domiciliary coverage.

You, your wife, and daughter can take a family floater policy.

2. Super Top-up Plans for Extra Coverage
Base policies may not be enough for major treatments.

A super top-up plan can give extra coverage at a lower cost.

This helps in reducing premium costs while increasing coverage.

3. Critical Illness Rider
You should consider a critical illness policy.

Covers major diseases like heart attack, stroke, and kidney failure.

Provides lump sum payout in case of critical illness diagnosis.

How to Get Insurance for Your Sister?
Mental illness coverage is now mandatory, but many insurers still hesitate.

Some insurers may exclude pre-existing mental conditions.

If regular insurance denies coverage, look for state-sponsored health schemes.

Final Steps
Check waiting periods for pre-existing conditions.

Get cashless policies for easier hospitalisation.

Choose a Certified Financial Planner (CFP) or health insurance expert for the right selection.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

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

See more questions »

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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