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Sanjeev Govila | Answer |Ask -Follow

Financial Planner - Answered on Feb 06, 2024

Colonel Sanjeev Govila (retd) is the founder of Hum Fauji Initiatives, a financial planning company dedicated to the armed forces personnel and their families.
He has over 12 years of experience in financial planning and is a SEBI certified registered investment advisor; he is also accredited with AMFI and IRDA.... more

Question by Rasheed on Aug 29, 2023Hindi

Money

i have 30 laks available please guide me for investment

Ans: To plan your investment of Rs. 30,00,000, your financial advisor would require many details from you including client age, risk profile, current asset allocation, investment time horizon, etc.

As you are investing your major corpus in the market, we recommend youto link all your financial goals (Child Education, House Purchase, etc.) with your investments and make the portfolio diversified into mutual funds, FDs, and Bonds to manage your risk level.

Please connect with your financial planner for proper goal-based planning and a detailed explanation of the same.

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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Hemant Bokil | Answer |Ask -Follow

Financial Planner - Answered on May 25, 2023

Question by Neeraj - Apr 20, 2023Hindi

Money

Dear Sir, I am Neeraj Gupta . I have to invest 30 Lakh for 3-5 years. Pl. advise me how and where to invest ?

Ans: kindly opt for STP route and you can do this in HDFC sensex fund and PPFAS flexi cap fund along with canara robeco hybrid equity fund

Ramalingam Kalirajan |7041 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Jul 25, 2024

Question by Sanjeev - Jul 10, 2024Hindi

Money

Hi I have 15 lacs and need to invest which will give me steady monthly income

Ans: You have Rs. 15 lakh and seek steady monthly income. Let’s explore the best options for your needs.

Benefits of Systematic Withdrawal Plans (SWPs)
Regular Income: SWPs provide steady cash flow.
Capital Protection: Keeps your principal relatively safe.
Tax Efficiency: Better tax benefits compared to fixed deposits.
Advantages of Actively Managed Funds in SWPs
Expert Management: Funds managed by professionals.
Better Returns: Potential for higher returns compared to index funds.
Flexibility: Adjust investments based on market conditions.
Disadvantages of Direct Funds
No Guidance: Lack of professional advice.
Higher Risk: More risk due to lack of management.
Complexity: Requires significant time and knowledge.
Benefits of Investing Through MFD with CFP Credential
Expert Advice: Helps in making informed decisions.
Regular Monitoring: Keeps investments on track.
Customized Portfolio: Tailored to your goals and risk profile.
Investment Strategy for Steady Monthly Income
Step 1: Allocate Funds to a Balanced Portfolio
Equity Funds: For growth potential.
Debt Funds: For stability and lower risk.
Hybrid Funds: Combine equity and debt for balanced growth.
Step 2: Set Up Systematic Withdrawal Plan (SWP)
SWP Mechanism: Withdraw a fixed amount monthly.
Start with Small Amount: Ensure sustainability of the corpus.
Step 3: Regular Monitoring and Adjustments
Quarterly Review: Check fund performance.
Rebalance Annually: Adjust the portfolio to maintain balance.
Step 4: Tax Efficiency
Long-Term Capital Gains: Lower tax rate compared to short-term.
Tax-Free Withdrawals: Certain portions of withdrawals can be tax-free.
Estimated Monthly Income
Assuming a conservative return of 8%, you can withdraw a fixed monthly amount while keeping your principal relatively intact. This could provide a stable income stream while also potentially growing your investment.

Health and Emergency Fund
Maintain a Buffer
Emergency Fund: Keep at least 6 months of expenses.
Health Coverage: Ensure adequate insurance to cover unexpected medical expenses.
Final Insights
To achieve steady monthly income:

Invest Rs. 15 lakh in a balanced portfolio.
Use a Systematic Withdrawal Plan (SWP) for regular income.
Seek professional advice for customized planning.
Monitor and adjust your investments regularly.
Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Samraat Jadhav |2093 Answers |Ask -Follow

Stock Market Expert - Answered on Jul 15, 2024

Asked by Anonymous - Jul 15, 2024Hindi

Money

I want to invest 20lac please advice

Ans: I would suggest you to visit a SEBI Registered Investment Advisor and seek advice from them. The following link will help you to find the nearest Adviser for you.
https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes&intmId=13

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Archana Deshpande |66 Answers |Ask -Follow

Image Coach, Soft Skills Trainer - Answered on Nov 18, 2024

Asked by Anonymous - Nov 16, 2024Hindi

Career

Dear Ms. Archana, I am a 50 year old middle management officer & have 24 years of experience in banking industry. But I want to shift to HR or life coaching industry. Kindly guide me with ur coaching & I would also like to work part-timr with your organization if you are satisfied with my skills & knowledge.

Ans: Good afternoon!!

If you have been in the banking industry for the last 24 yrs, don't you think now is the time to consolidate on your skills and do something which brings out your expertise ? Think of moving up the ladder in your organisation or look for coaching/training people to pass a bank exam or any other subject you love to teach.

And trust me 50 is also an age -
1. when you look back and see all that you have accomplished
2. then look into the future and think about all that you wanted to do and want to do
For you to really look into the two questions above, sit with a quite mind and explore all options , write them down for clarity and for the way forward.

If HR is where you want to go in, then look for an MBA in HR while you are continuing to work( I am very particular about being financially independent too during a career shift or the transition phase)!

If Life coaching is what interests you then check out India's leading life coach Puja Puneet and the courses she offers.
To be a life coach is to work a lot on yourself before you can become one.

Working part-time in my organisation is a "no" right now as I am not hiring!!

All the best in your exploration of the self and the clarity on forward path!!

Milind Vadjikar |654 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Nov 18, 2024

Asked by Anonymous - Nov 18, 2024Hindi

Money

Sir, my father aged 75 ,sold recently a plot of land and incurred capital gain of rupees five lakh after indextion. His question is, which one is profitable, whether to invest 5 lakh in Capital gain bond for 5 year at simple interest of 5 % annually or pay tax 1 lakh and then invest remaining 4 lakh in fixed deposit for 5 years at interest rate of 7.25% compunded annually. Apart from this , is there any other option? Thank you in advance

Ans: Hello;

The simple interest on PFC 54 EC Capital Gain bond is currently 5.25%.

My suggestion is this is a better option then the 7.25% cumulative FD on 4 L after tax payment.

Ultimately it is his choice.

Another option is to utilise provisions of Section 54 of income tax act for seeking exemption by reinvesting LTCG in purchase of another residential property, subject to terms and conditions, but for 5 L ltcg, I do not think this is helpful.

Best wishes;

Ramalingam Kalirajan |7041 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Nov 18, 2024

Question by Malik - Nov 18, 2024Hindi

Money

Hi sir just to get 1 lakhs per month from mutual fund account, how much total money is required to invest in mutual funds account. Thanks

Ans: To generate a monthly income of Rs 1,00,000 through mutual funds, you need to determine the total investment amount based on the withdrawal rate and expected returns. Here's a detailed analysis:

Key Considerations
Withdrawal Rate

A safe withdrawal rate is around 4–6% annually for sustainable income.
A higher withdrawal rate risks depleting your corpus prematurely.
Investment Returns

Equity mutual funds can give 10–12% annual returns over the long term.
Balanced or hybrid funds may offer 8–10% returns with lower volatility.
Debt mutual funds typically yield 6–8% returns with stable income.
Inflation

Factor in inflation to ensure the corpus lasts through your lifetime.
Taxation

Gains from mutual funds are taxable. This affects your effective returns.
Approximate Corpus Needed
1. Using a 6% Withdrawal Rate
Monthly income required: Rs 1,00,000
Annual income required: Rs 12,00,000
Corpus needed: Rs 12,00,000 ÷ 6% = Rs 2 Crores
2. Using a 4% Withdrawal Rate
Monthly income required: Rs 1,00,000
Annual income required: Rs 12,00,000
Corpus needed: Rs 12,00,000 ÷ 4% = Rs 3 Crores
Recommendations
Invest in Diversified Funds

Allocate your corpus across equity, hybrid, and debt funds.
Equity for growth, debt for stability, and hybrid for balance.
Use SWP (Systematic Withdrawal Plan)

SWP allows you to withdraw a fixed amount monthly.
It ensures steady cash flow without disturbing the investment.
Reassess Periodically

Review returns, inflation, and withdrawal rate annually.
Adjust withdrawal amount to maintain corpus longevity.
Plan for Taxes

Consider the impact of LTCG and STCG taxes on withdrawals.
Equity mutual funds' LTCG above Rs 1.25 lakh is taxed at 12.5%.
Include an Emergency Corpus

Keep 6–12 months’ expenses in a liquid fund.
Avoid dipping into your main corpus for emergencies.
Final Insights
To get Rs 1,00,000 monthly, aim for a corpus of Rs 2–3 crores. Choose mutual funds that align with your risk tolerance and income needs. Start with a Certified Financial Planner to tailor a portfolio for sustainable income.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

Milind Vadjikar |654 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Nov 18, 2024

Asked by Anonymous - Nov 18, 2024Hindi

Money

Hi Milindji, i am 45 yrs. I have taken SIP with lumsum amount rs. 50000 of aditya birla sunlife hybrid 95 fund -growth & rs.100000 lumsum for parag parikh flexi cap fund-growth. Please review & suggest any other if any

Ans: Hello;

If you have invested in these funds with long-term horizon then they seem to be inline with your goal and risk appetite.

Continue investing with annual review of performance.

Best wishes;

Anu Krishna |1303 Answers |Ask -Follow

Relationships Expert, Mind Coach - Answered on Nov 18, 2024

Asked by Anonymous - Nov 13, 2024Hindi

Relationship

I am 67 years and my wife is 61 years married 38 years have daughter. Last year she suddenly fell ill and have liver transplant. After few months i find she is angry on me and criticize me in all of my actions with past. Is there any relations on her recent behaviour.

Ans: Dear Anonymous,
I am sure that you understand this: She has had an organ transplant which can be a very frightening experience. What she may need is more love, attention and a lot of joy and cheer around her. Don't judge her actions BUT make sure that you fill her space with love and care. I am sure once she realizes that you truly care for her, she will start to feel different and not be angry or upset with you. The fear that she may carry around her surgery will be replaced by that love and care.

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

Anu Krishna |1303 Answers |Ask -Follow

Relationships Expert, Mind Coach - Answered on Nov 18, 2024

Asked by Anonymous - Nov 13, 2024Hindi

Relationship

Hi Anu I am a married man for the last 20 years...have 2 kids...i am in a relationship with my friends now divorced wife for the last 5 years she has 2 kids too..we are very much in love with each other & have actually accepted each other as husband & wife..we cant stay without seeing each other...my wife & her ex husband kind of know what's going on between us, although they have not confronted us yet...one thing we both are sure of is that we want to stay together in this relationship ..pls advicein this case as I am married & she is divorced

Ans: Dear Anonymous,
Legally, this may not be possible...So, this will continue like this till you are confronted with by your wife. The lay's ex-husband may not bother as they are already divorced BUT you have a lot of explaining to do to your wife. Better to think this through as you are surely risking your marriage.

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

Anu Krishna |1303 Answers |Ask -Follow

Relationships Expert, Mind Coach - Answered on Nov 18, 2024

Question by sudharsan - Nov 08, 2024Hindi

Relationship

iam a 35year old man ,my father in law is manipulative and emotional blackmailer iam struck in wrong marriage. She is nether willing to divorce nor peacefully live with me , she keeps dragging the divorce case for 5years now , iam not interested in this marriage and i want to step out and find a better partner who can live with me peacefully without intervention of her family

Ans: Dear Sudharsan,
What is your question for me? I think what you need is possibly a legal expert. Kindly seek one and he/she will guide you on the next steps since your wife has been dragging the case for a while now...

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

Anu Krishna |1303 Answers |Ask -Follow

Relationships Expert, Mind Coach - Answered on Nov 18, 2024

Asked by Anonymous - Nov 11, 2024

Relationship

i am married with kids however i still feel infatuated seeing young girls and even tried approaching them/her . however that guilt acts like a catalyst which force me to redo those silly things. i dont know hwo to come out of such thoughts + acts. note - i still care and love my wife .

Ans: Dear Anonymous,
Your note: I still care and love my wife...
If this were true, what would be the reason to waver and find all this infatuation boosting you to do more. It's the excitement that is the catalyst, the excitement that you possibly miss with your wife. You still care and love her, then invest time in actually building that excitement with her...it will be very fulfilling...

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

Anu Krishna |1303 Answers |Ask -Follow

Relationships Expert, Mind Coach - Answered on Nov 18, 2024

Asked by Anonymous - Nov 07, 2024Hindi

Relationship

My daughter is a working women & married about a year ago Son in law wants to visit his parents who reside in the same city every week..which is exhausting to her. When discussed with him, he fights with her..she appears to be depressed. Please advice how to proceed.

Ans: Dear Anonymous,
So, let them work on an arrangement where she can go along with them to visit her in-laws maybe once or twice a month instead of every weekend? She obviously cannot avoid them and neither can she ask her husband to not visit his parents. So, let him go visit them every weekend, but since she finds it exhausting, she can work out something and choose her number of visits to them.

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

Anu Krishna |1303 Answers |Ask -Follow

Relationships Expert, Mind Coach - Answered on Nov 18, 2024

Asked by Anonymous - Nov 06, 2024Hindi

Relationship

Hi, I am 55 and married to a wonderful lady of 52. Both of us are employed. We have been blessed with a son who has done his MBBS and now undergoing his PG in a reputed govt hospital. Problem is that I am working with a pvt company ( listed ). While my wife works with a govt company. We are located in two different states and not possible to travel from home on daily basis. So we meet up once a month only. Generally on a second or forth Saturday. As I work with a company where I have to take permission to leave HQ, I feel frustrated that even after working for more than 30 years, one needs to take a permission. Work culture over the years has changed too much as the company has changed hands many times. And now I am not able to change nor ready to change my way if working. And thua brings out friction in my job and affects my performance everywhere. I wish to leave the job as only 03 years are balance and I feel that having a good enough health would allow me some time to pursue my hobbies of travel and meeting with my relatives which I have ignored for so many years. While I wish to take an early retirement ( no financial liabilities and a good enough bank balance and own home too.) But wife is not agreeing to this. Whenever I raise the topic we end up arguing too much and don't reach any conclusion. Regarding her job, she has to travel by own vehicle for almost 45-60 minutes daily. So she cooks only once and for dinner she consumes whatever cooked in morning. House help is not easily available and she is.not able to adjust with them. I don't like this and if I leave my job I could help her with household chores as well. So, my query is how do I pursuade my wife to let me leave the job ( I am not at all insisting for her to leave the job as well ). How do I make her understand that we are financially well enough and our son would do well in his career without needing any more help from us. My continuation in my job frustrates me and I can't think of anything but to leave the job.

Ans: Dear Anonymous,
It seems to me like your wife is quite comfortable with the current situation. So, it's up to now to handle the conflicts that you are facing.
If you want to leave your job, why do you need to persuade your wife to allow you to do that especially if you are financially stable and secure?
Before taking any major life-changing decisions, take a break from work, travel, socialize, spend time with the family, engage in new pursuits and see if anything new comes up...what excites you? What can you do with that excitement? Can you create something new with it? Does it force you see something different or change the course of your job, your life?
Unless you don't take that moment to STOP and experience something different, you will not allow yourself to have choices. So, build choices and build different ways of thinking and that will enable you to move from frustration to transformation. Take that first step, take a BREAK!

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io

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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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