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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Dec 09, 2022

Mutual Fund Expert... more
Vinita Question by Vinita on Dec 09, 2022Hindi
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I am 28 and can invest 40k in month. At present I am investing 10k in Quant Tax Plan. I plan to build a corpus in next 10 years for home buying and retirement.

Ans: Schemes that may be considered are as under

HDFC Index Fund – Sensex Plan – Growth

UTI Flexi cap Fund – Growth

Axis ESG Equity fund – Growth

Samco Flexi cap fund – Growth

Motilal Oswal Mid cap Fund - Growth

Nippon India Small 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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Ramalingam

Ramalingam Kalirajan  |7209 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 23, 2024

Asked by Anonymous - May 10, 2024Hindi
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Hello Sir, I want to my corpus 40L in next 5-7 years. How much should I invest monthly and where should I invest?
Ans: Setting Your Investment Goal

You aim to build a corpus of Rs. 40 lakhs in the next 5-7 years. This is a significant and achievable goal with disciplined investing.

Commendable Financial Planning

Your foresight in planning for a substantial corpus is commendable. It shows a proactive approach towards financial security and growth.

Calculating Monthly Investment Amount

To achieve Rs. 40 lakhs in 5-7 years, you need to calculate the required monthly investment. This depends on the expected rate of return from your investments. Typically, equity mutual funds offer higher returns, though with higher risk.

Choosing the Right Investment Options

Diversification is key to a robust investment portfolio. Here are some investment options:

Actively Managed Equity Mutual Funds

Actively managed funds aim to outperform the market. Fund managers make strategic decisions to enhance returns, adapting to market conditions.

Flexi Cap Funds

These funds invest across different market capitalizations, providing flexibility and balanced risk-return profiles.

Mid Cap and Small Cap Funds

These funds offer higher growth potential but come with higher risk. Suitable for long-term investors willing to take calculated risks.

ELSS (Equity Linked Savings Scheme) Funds

These tax-saving funds have a lock-in period of three years and offer the dual benefits of tax savings and potential high returns.

Disadvantages of Index Funds

Index funds replicate market performance and do not seek to outperform. Actively managed funds can offer higher returns through strategic management.

Disadvantages of Direct Funds

Direct funds lack professional management guidance. Investing through regular funds with a Certified Financial Planner provides expert advice and regular portfolio reviews, optimizing your investments.

Regular Monitoring and Adjustments

Periodic reviews with a Certified Financial Planner are essential. They help align your investments with changing market conditions and personal goals, ensuring you stay on track for your financial targets.

Risk Management and Diversification

Diversifying your investments across different asset classes and market segments helps manage risk. A balanced portfolio can achieve growth while mitigating potential losses.

Estimated Monthly Investment

Assuming an average annual return of 12% from equity mutual funds, you might need to invest around Rs. 40,000-50,000 monthly. This is a rough estimate and should be fine-tuned based on your specific circumstances and risk tolerance.

Importance of Professional Guidance

Engaging with a Certified Financial Planner ensures your investment strategy is well-structured and aligned with your financial goals. They provide expert advice and regular reviews, optimizing your investment portfolio.

Conclusion

Your goal of building a Rs. 40 lakh corpus in 5-7 years is achievable with disciplined investing. Diversify your investments, monitor regularly, and seek professional guidance to stay on track and achieve your financial objectives.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

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Dr Anshuman

Dr Anshuman Manaswi  |6 Answers  |Ask -

Plastic-Aesthetic Surgeon, Emergency Care Consultant - Answered on Dec 05, 2024

Asked by Anonymous - Dec 05, 2024Hindi
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Dear Doctor, I work as a corporate lawyer in Delhi. I’ve been considering undergoing a cosmetic procedure for my skin for some time now, but I’m feeling a bit overwhelmed by the number of surgeons available. I want to ensure that I choose someone who is experienced, as this is a big decision for me. Could you advise what I should look for when selecting a plastic-aesthetic surgeon? Are there any specific red flags I should be aware of when researching potential surgeons? I want to make sure I’m in safe hands. I’m 40 years old.
Ans: This is a beautiful question.
Before I dwell on your question, there are a few points which are very important for the patient to know.
1. You should roughly know what result you wish to have.
2. Never think of a perfect result. There is no such result.
3. You must think in terms of improvement and if you are sble to achieve more than 90% approx, it can be considred good.
4. Dont compare your results with any celebrity's result. There body structure is different, they have probably taken better care till now and importantly, the result you see on a public platform is after make up and not the real result. Some times it may be a photoshopped image
5. Let your doctor know if you have any medical history and addictions.
6. Don't go with pre concieved notion (especially if you have researched a lot online). Discuss with the doctor, listen to his/ her views and raise your concerns if any
7. Try and see some results of the doctors work (Remember, too good a result may not be the true result). Realistic result is what you should want to look at and believe.
8. Don't fall for less budget! its obvious a meticulous job needs more surgical time. This means that the doctor may charge more. Seniority also adds to the cost.
What I mean, there is a price to be paid for a good job.(whether medical or anywhere).
Now coming to the Plastic surgeon's choice.
1. Research well, but dont fall prey to only advertisement. Small and big centers, both advertise,
2. Dont fall for glamour. You are going to a surgeon. A plastic surgeon's clinic is clean but not lavish generally. At least I believe that the person coming is not a client, but a patient. A patient - Doctor relationship is more pure than a client-Professional relationship.
3. Talk and discuss with the doctor. A too busy doctor may not always be the best doctor for you. Plastic surgery is about thinking, planning and execution. A doctor who thinks aloud about your problem ( especially if ut us face, nose, breast etc) is applying his/ her knowledge for your betterment, because every oerson is different.
4. Check the resilts? Look for genuinity.
5. Be wary of arrogant, loud and boisterous people. There is a difference between confidence and fambloyence.
6. Doctors who are attached to reputed hospitals are generally good in their work.
7. A doctor who can talk about probable complications is also a doctor worth trusting.
I hope I am able to do justice to this difficult question. All the best. You can write again if you need any other clarifications.
Dr. Anshuman Manaswi

...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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