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33 Year Old Wants to Retire with Rs 10 Cr, Current SIP Rs 40,000, How to Achieve?

Milind Vadjikar |1144 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Feb 27, 2025

Milind Vadjikar is an independent MF distributor registered with Association of Mutual Funds in India (AMFI) and a retirement financial planning advisor registered with Pension Fund Regulatory and Development Authority (PFRDA).
He has a mechanical engineering degree from Government Engineering College, Sambhajinagar, and an MBA in international business from the Symbiosis Institute of Business Management, Pune.
With over 16 years of experience in stock investments, and over six year experience in investment guidance and support, he believes that balanced asset allocation and goal-focused disciplined investing is the key to achieving investor goals.... more

Asked by Anonymous - Feb 26, 2025Hindi

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I am 33 years old and having portfolio of 30 lacks in mutual funds. I want to retire with 10 Cr of portfolio at the age of 60 years. My current SIP is 40 thousand per month which i will increase upto 50 K per month by year end. How can i plan? Current SIP PARAG PARELH FLEXI CAP- 10K Monthly Quant Small Cap: 8K per Month Motilal oswal microcap: 3K per month Mirrae asset bluechip fund: 5K per month Tata Digital india fund: 2.5K per month Nifty index Fund: 4K per month Mirrae asset Large & midcap fund: 7.5K per month

Ans: Hello;

You are well on course to achieve your target. Appreciate your commitment towards building a retirement corpus early.

Funds look good but please review their performance annually vis-a-vis category average and benchmark for risks and returns.

As you cross 50, taper down equity allocation gradually to 10% at 58.

As you approach retirement move your gains to safe avenues to avoid getting impacted by market volatility.

Best wishes;

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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I have invested in below mutual funds via SIP from Jan 2018 and will continue the investment for another 12-13 years. I want to build a Retirement Corpus of 4 to 5 crores. My risk profile is Aggressive/Moderate and want a mix of Equity & Debt Funds. My current portfolio is as follows: 1) Aditya Birla Sunlife Focussed Equity Fund-Growth - 2000 per month 2) L & T Midcap Fund Cumulative - 2000 per month 3) Mirae Asset Large Cap Fund -Growth - 2000 per month 4) SBI Magnum Multicap Fund - Growth - 2000 per month 5) Sundaram Rural Consumption Fund Regular Growth - 2000 per month. 6) Axis Bluechip Fund G - Direct Plan - 2000 per month (This is only 5 Months Old SIP) Please suggest if i want to increase the current SIP amount of 12000 per month to reach the goal & if the above portfolio needs to be tweaked to better funds. SIP of Rs. 12K can build a corpus of Rs. 60 lakhs only in 15 years … for 4 to 5 crs , SIP amount needs to be Rs. 75000 to Rs. 100000

Name of the Fund	Category	RankMF Star Rating	Recommendations
Sahil Dhamija
1) Aditya Birla Sunlife Focussed Equity Fund-Growth - 2000 per month	Equity - Focused Fund	3	switch to Axis Focused 25 Fund - Growth
2) L & T Midcap Fund Cumulative - 2000 per month	Equity - Mid Cap Fund	3	Switch to - Dsp Midcap Fund - Growth
3) Mirae Asset Large Cap Fund -Growth - 2000 per month	Equity - Large Cap Fund	4	Continue
4) SBI Magnum Multicap Fund - Growth - 2000 per month	Equity - Multi Cap Fund	3	Switch to UTI Equity fund - Growth
5) Sundaram Rural Consumption Fund Regular Growth - 2000 per month.	Equity - Thematic Fund - Other	2	switch to Axis ESG Fund - Growth
6) Axis Bluechip Fund G - Direct Plan - 2000 per month	Equity - Large Cap Fund	3	Switch to UTI MasterShare - Growth

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Question by Paresh - Dec 14, 2021Hindi

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I am 28 years old and I am investing in the below funds. I want to retire early, at around 50 years. Kindly let me know should I increase my SIP amount or make any other changes. All are growth. Total amount per month is Rs 27,000. Pls advise sir. Mutual Funds Amount Invested PGIM India Midcap Rs 2,000 Quant Multi Asset Rs 1,000 Tata Digital India Fund Rs 1,000 Axis Small Cap Fund Direct Rs 1,000 SBI Small Cap Fund Direct Rs 1,000 Nippon India Small Cap Rs 2,000 Axis Focused 25 Direct Rs 2,000 Aditya Birla Sun Life Digital India Rs 2,000 Aditya Birla Sun Life Equity Rs 2,000 ICICI Prudential Technology Direct Rs 2,000 Parag Parikh Long Term Rs 2,000 Mirae Asset Healthcare Rs 1,000 HDFC Pension Management Rs 2,000 Quant Active Fund Direct Rs 1,000 SBI Magnum Midcap Rs 1,000 Nippon India Pharma Rs 1,000 UTI Healthcare Fund Rs 1,000 UTI Flexi Cap Rs 2,000

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Hi, I am investing in mutual funds since last 14 years. My age is 45 years. I have invested around 32 Lakhs and the current value stands at 59 Lakhs. Returns are around 17 percent. Current investment via SIP is as follows - Canara Robecco Small Cap - 4000 DSP Small Cap - 5000 Edelweiss Flexi Cap - 6000 Franklin India Focussed Fund - 2000 HDFC Midcap Fund - 2000 Mirae Multicap Fund - 3000 Mirae Midcap Fund - 11000 Mirae Emerging Bluechip Fund - 8000 Nippon India Multicap Fund - 17500 Total Monthly SIP - 58500 I wish to accumulate around Rs 3 Crores in next 10 years. Kindly suggest on the monthly SIP requirement and the funds in my portfolio.

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I am 37 year old. I am investing 15000 per month in sip since 3 months, how much I need to pay sip to get 3 crore at age 55 and what should be portfolio for each mutual fund. My current portfolio is hdfc smallcap 250 index fund, hdfc 150 midcap 150 index fund, Motilal Oswal 200 Momentum 30 index fund, Edelweiss 150 Momentum 50 Midcap index fund.

Ans: It's great to see your proactive approach towards financial planning. Let's devise a strategy to achieve your goal of accumulating 3 crore by age 55 through SIP investments.

Determining SIP Amount Required
To calculate the SIP amount required to accumulate 3 crore in 18 years, we'll use a systematic approach:

Calculate Future Value (FV): Using a financial calculator or online tool, compute the future value of your investments based on an assumed rate of return. For this goal, let's assume a conservative annual return of 10%.

Compute Monthly SIP: Divide the future value by the number of months (18 years * 12 months) to determine the monthly SIP amount needed to reach your goal.

Portfolio Allocation for SIP Investments
Considering your current portfolio and goal horizon, let's optimize your portfolio allocation for each mutual fund:

HDFC Small Cap Index Fund: Continue investing 250 units per month. Small-cap funds offer growth potential but are relatively riskier. However, they are essential for diversification and long-term growth.

HDFC Midcap 150 Index Fund: Allocate 150 units per month. Mid-cap funds provide exposure to mid-sized companies with growth potential, balancing risk and return in your portfolio.

Motilal Oswal 200 Momentum 30 Index Fund: Invest 200 units per month. This fund focuses on high momentum stocks, aiming to capture the market's upside potential while managing downside risk.

Edelweiss Midcap 150 Momentum 50 Index Fund: Allocate 150 units per month. This fund combines mid-cap exposure with a momentum-based strategy, enhancing portfolio diversification and potential returns.

Actively managed funds aim to outperform the market through active stock selection and portfolio management, while index funds passively track a specific index's performance.
Benefits of Actively Managed Funds:
Actively managed funds offer the potential for higher returns compared to index funds, especially during market inefficiencies or when skilled fund managers can identify lucrative investment opportunities. Additionally, active management allows for flexibility in portfolio construction and adjustments based on market conditions.
Potential Disadvantages of Index Funds:
While index funds offer low expense ratios and broad market exposure, they may lack the potential for outperformance compared to actively managed funds. Additionally, they're subject to tracking error, which occurs when the fund's performance deviates from the index it's designed to replicate.

Your commitment to financial planning is commendable. By adhering to a disciplined investment approach, diversifying your portfolio, and setting realistic goals, you're laying a strong foundation for financial success. Stay focused, stay disciplined, and keep monitoring your investments periodically to ensure they remain aligned with your objectives.

Best Regards,
K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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I have been investing in shares for several years and have seen good returns, but with increasing market volatility, I'm considering diversifying into international stocks or alternative assets. What are the potential benefits and risks of each approach?

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International Stocks
Benefits are as follows:
- Diversification – Investing globally reduces dependence on domestic market conditions and spreads risk
- Access to High-Growth Markets – Some international markets, particularly emerging economies, may offer higher growth potential.
- Currency Appreciation – If the foreign currency strengthens against the INR, your returns could increase.
- Exposure to Leading Industries – Developed markets like the U.S. provide access to top tech, healthcare, and finance companies.

Risks involved in international markets are as follows:
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- Political & Economic Risks – Foreign regulations, trade policies, and economic instability can affect investments.
- Higher Transaction Costs – International investing often involves additional fees and taxes.
- Limited Information Access – Researching foreign companies may be more challenging compared to domestic firms.

Alternative Assets (Real Estate, Commodities, Private Equity, etc.)
Following are the benefits:
- Low Correlation with Stock Markets – Alternative assets often move independently of traditional markets, helping mitigate volatility.
- Inflation Hedge – Real assets like gold and real estate tend to retain value during inflationary periods.
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- Portfolio Customization – Some alternative investments allow direct control, such as real estate or private businesses.

Risks involved are as follows:
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- Complexity – These investments often require specialized knowledge and due diligence.
- Higher Fees – Alternative investments may have higher management costs and entry barriers.
- Market Uncertainty – Some assets, like cryptocurrencies, can be highly volatile.

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I'm now 68 years old. Living with my wife. I have 2 daughters. Both are well settled. I don't have any liability. I'm a pension holder. I'm getting Rs 75,000/- pension pm. I have invested Rs1,50,00,000 in FD. 7lakhs in Mutual funds, 6,50,000 in equity. 12 Lakhs in Sovereign Gold Bond, I'm getting Rs 35,000/- House rent pm. I have 25 lakhs Cash in hand. I want to deposit the above amount. How can I diversified the above amount to deposit?

Ans: Your financial position is strong. You have a steady pension and rental income. Your investments are diversified across FDs, mutual funds, equity, and gold bonds. Let’s allocate your Rs. 25L wisely.

Emergency Fund Allocation
Keep Rs. 5L in a high-interest savings account.

Use a liquid mutual fund for another Rs. 3L for easy access.

This ensures quick access to funds in case of unexpected expenses.

Debt Investment for Stability
Invest Rs. 7L in a mix of short-term and medium-term debt mutual funds.

These offer better post-tax returns than FDs.

Choose high-quality funds with stable performance.

Equity Investment for Growth
Allocate Rs. 5L to large-cap mutual funds via SIP.

This ensures gradual market participation and reduces risk.

Avoid direct stocks for this amount, as mutual funds offer better risk management.

Gold Investment for Inflation Hedge
You already have Rs. 12L in Sovereign Gold Bonds.

No additional gold investment is needed.

Regular Income Investment
Invest Rs. 5L in SWP-based mutual funds for periodic withdrawals.

This provides additional income while keeping capital appreciation intact.

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Your current portfolio is well-structured. This allocation balances liquidity, stability, and growth. Your pension and rental income provide financial security. Diversifying your Rs. 25L ensures better returns while maintaining risk control.

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Question by Ashutosh - Apr 01, 2025Hindi

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Sir kindly suggest some mf for steady return for 5 yr in SIP in large cap

Ans: Investing in large-cap mutual funds through SIP is a stable choice. These funds focus on established companies with strong financials. They offer consistent growth with lower risk compared to mid-cap and small-cap funds.

Let’s assess how to select the right fund.

Why Large-Cap Funds for Five Years?
Invest in top companies with proven stability.

Less volatile than mid-cap and small-cap funds.

Suitable for a five-year investment horizon.

Provide inflation-beating returns over time.

Ideal for steady compounding with SIP investments.

Actively Managed vs. Index Funds
Actively managed funds outperform index funds in varying market conditions.

Fund managers adjust portfolios based on market trends.

Index funds only replicate the market and cannot outperform it.

Actively managed funds provide better downside protection.

For five-year investments, active management ensures stable performance.

Choosing the Right Fund
Look for funds with a history of stable returns.

Ensure the fund has an experienced fund manager.

Avoid funds with frequent manager changes.

Select funds with lower expense ratios among actively managed ones.

Check the rolling returns of the fund, not just past performance.

Tax Considerations
Long-term capital gains (LTCG) above Rs. 1.25 lakh taxed at 12.5%.

Short-term capital gains (STCG) taxed at 20%.

SIP investments held for over one year qualify for LTCG benefits.

Plan withdrawals strategically to reduce tax burden.

Final Insights
Large-cap mutual funds are suitable for stable returns over five years. They balance risk and reward effectively. Choose an actively managed fund with strong historical performance. Stay invested with SIPs for disciplined wealth creation.

Best Regards,

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www.holisticinvestment.in
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mere reliance ke share iepf me hai aur reliance ne jio k share diye hai bonus me to iepf ka claim kaise kare aur jio k shares kaise account me lene hai

Ans: To claim shares from the Investor Education and Protection Fund (IEPF), follow these steps:
1) Visit the IEPF Website – Go to the official IEPF portal to begin the process. (https://www.iepf.gov.in/content/iepf/global/master/Home/HelpAndFAQs/faqs-for-claimants.html)
2) Fill Out Form IEPF-5 – Complete the online application form with details of the shares you wish to reclaim.
3) Prepare Required Documents – Gather necessary documents, including identity proof, shareholding details, and a canceled cheque.
4) Submit the Form & Documents – Send the printed Form IEPF-5 along with supporting documents to the company’s Nodal Officer at its registered office.
5) Company Verification – The company will verify your claim and send a report to the IEPF Authority.
6) Track Claim Status – Monitor the progress of your claim on the IEPF portal.
7) Approval & Credit of Shares – Once approved, the shares will be credited to your Demat account.

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Asked by Anonymous - Apr 01, 2025Hindi

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Sir...I am 56 years old. I want to take voluntary resignation. I will get 45000 as monthly pension and Rs.75 lacs as lumpsum. I have own house and only son is working in TCS. Can i take VRS????

Ans: Your situation is strong. You have a stable pension, a lumpsum amount, and no housing worries. Your son is financially independent. Let’s evaluate your decision from all angles.

Monthly Cash Flow Analysis
You will receive Rs. 45,000 per month as a pension.

Your expenses must be assessed. If your monthly spending is less than Rs. 45,000, then pension alone can cover your needs.

If expenses are higher, you will need an income from your Rs. 75L corpus.

Inflation will increase costs over time. Your pension may not grow, so investment returns should outpace inflation.

Emergency Fund Planning
Keep at least 12 months of expenses in a safe place.

Use a combination of a bank savings account and a liquid mutual fund.

Avoid locking all your funds in long-term investments.

Investment Strategy for Rs. 75L
You must structure investments to generate income, ensure growth, and manage risk.

Allocate funds into mutual funds for long-term growth.

Use Systematic Withdrawal Plans (SWP) for steady income.

Diversify across large-cap, flexicap, and hybrid mutual funds.

Consider debt funds for stability.

Avoid high-risk sectoral/thematic funds for income needs.

Tax Efficiency
Pension is taxable as per your income tax slab.

Mutual fund withdrawals are taxed based on duration and type.

Keep SWP withdrawals below the taxable limit to minimize tax burden.

Use tax-saving instruments like PPF and senior citizen savings schemes if applicable.

Health Insurance and Medical Planning
Ensure you have a good health insurance plan.

A cover of Rs. 15-20L is advisable for senior years.

Maintain a separate emergency fund for medical needs.

Consider critical illness insurance for major health risks.

Estate Planning and Will Creation
Create a will to ensure smooth asset transfer.

Appoint a nominee for all investments and bank accounts.

Discuss future financial plans with your son.

Final Insights
Taking VRS is a viable option for you. Your pension provides a steady income. Your Rs. 75L can be invested wisely to support future needs. Focus on structured investments, tax efficiency, and health security. If planned well, this decision can give financial stability and peace of mind.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

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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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