Home > Money > Question

Sign In | Create an account

Language:

Now in हिन्दी too

Need Expert Advice?Our Gurus Can Help

Sunil Lala | Answer |Ask -Follow

Financial Planner - Answered on Feb 11, 2024

Sunil Lala founded SL Wealth, a company that offers life and non-life insurance, mutual fund and asset allocation advice, in 2005. A certified financial planner, he has three decades of domain experience. His expertise includes designing goal-specific financial plans and creating investment awareness. He has been a registered member of the Financial Planning Standards Board since 2009.... more

Asked by Anonymous - Jan 26, 2024Hindi

Money

Hi sir I am 33 year old and following are my investment portfolio Parag Parikh flexi cab fung(G) 3000 Parag Parikh Tax saver fund(G) 5500 Mirae Asset tax saver fund(G) 5000 Axis Mid cap fund(G) 3000 SBI small cap fund (G) 3000 HDFC children gift fund 2000 Deactive funds SBI bluechip fund Axis tax saver fund UTI flexicap fund Nippon tax saver fund Please let me know if I have to make dny changes in above funds? Should I redeem from Deactive fund and purchase new scheme? I want to invest for long term period.

Ans: Redeem deactivate funds and invest in the schemes where you have already invested

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.

MoneyReply

You may like to see similar questions and answers below

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Apr 05, 2022

Question by Nava - Apr 05, 2022Hindi

Money

I am 49 years old and Govt. service holder. I am currently investing in the following funds through SIP and lump sum for last 4 years. Please review my portfolio and suggest if I should continue or change? 1. Sundaram Large and Midcap Fund - Rs. 1500/- SIP 2. Aditya Birla Sun Life Focused Equity Fund - Rs. 1500/- SIP 3. Axis Mid Cap Fund - Rs. 1500/- SIP 4. SBI Flexi Cap Fund - Rs. 1500/- SIP 5. Nippon India Small Cap Fund - Rs. 50,000/- Lump sum (in 2018) 6. Tata Digital India Fund - Rs. 50,000/- Lump sum (in 2019) 7. Axis Small Cap Fund - Rs. 1,00,000/- Lump sum (in 2020) 8. DSP Small Cap Fund - Rs. 50,000/- Lump sum (in 2020) 9. DSP Natural Resources and New Energy Fund- Rs. 1,00,000/- Lump sum (in 2019)

Ans: Please continue

Nikunj Saraf |308 Answers |Ask -Follow

Mutual Funds Expert - Answered on Nov 30, 2022

Question by Madan - Nov 30, 2022Hindi

Money

Hi Sir, I am 38 years old and the following are my investment portfolio: Kotak Mulitcap Fund (G) 1000/- UTI -nifty 50 index Fund (G) 2000/- AXIS Midcap Dund (G)3000/- HDFC Top 100 Fund (G) 3000/- Kotak Flexi cap fund (G) 2500/- DSP Equity & Bond Fund (G) 3000/- SBI Focused Equity Fund (G) 3000/- AXIS Bluechip Fund (G) 2500/- Please let me know if I need to change anything in the above list, I am investing in these Mutual funds for longer term and gains.

Ans: Hello Madan Rao. Looking at your portfolio. I would advice reconsider your schemes of AXIS Bluechip Fund, HDFC Top 100 Fund & Kotak Flexi cap Fund to better alternative peer schemes.

Sanjeev Govila |458 Answers |Ask -Follow

Financial Planner - Answered on Jun 07, 2023

Question by Shanky - Jun 06, 2023Hindi

Money

Sir i am 34, i have investment in invesco india contra fund,kotak emerging equity fund,mirae asset emerging bluechip fund,nippon india multicap fund,tata equity p/e fund.Would like to ask are there any changes required

Ans: Dear Shanky
My recommendation only on the past performance and anticipated future outlook of your funds is as below:-
1. Invesco India Contra fund - Poor performance. Switch
2. Kotak Emerging Equity fund - Good fund. Continue.
3. Mirae Asset Emerging Bluechip fund - Good fund. Continue.
4. Nippon India Multicap fund - Good fund. Continue.
5. Tata Equity P/E fund - Poor performance. Switch

However, do note that you are taking a very high risk in your portfolio with 2 midcap and 3 small cap funds. Do consult a financial advisor to rebalance your portfolio.

Disclaimer:
• I have just no idea about your age, future financial goals, your risk profile, other investments and whether you would have the nerves to not get unduly perturbed if stock markets go temporarily down.
• Hence, please note that I am answering your question in absolute isolation to other parameters which should definitely be considered when answering a question of this type.
• I recommend you to also consult a good financial advisor who would look at your complete profile in totality before you act on this advice given by me.

Milind Vadjikar |1083 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Sep 16, 2024

Asked by Anonymous - Sep 15, 2024Hindi

Money

Sir, I m 65 yrs having following funds. ABSL nifty next 50 index fund..G HSBC value fund..G Edelweiss liquid fund. G Motilal oswal liquid fund G Motilal Oswal Tax saver..G Mirae tax saver .G Kotak tax saver .G ICICI flexi cap. G ICICI BAF. G SBI multicap..G SBI innovative opportunities..G Kindly advise for any changes. Thank u.

Ans: Considering your age I would recommend you to avoid pure equity and thematic funds due to volatility & high risk and shift to following fund types(one example of each type is mentioned based on 5 year returns):

Arbitrage fund: Kotak Equity Arbitrage Fund
Conservative hybrid debt fund: SBI Conservative hybrid fund
Equity Savings fund: Mirae Asset Equity Savings fund
Liquid Fund: ICICI Pru Liquid fund(6M return criteria)
Gilt fund: DSP Gilt Fund

The risks in these funds range from Low to moderately high.

*Investments in mutual funds are subject to market risks. Please read all scheme related documents carefully before investing

You may follow us on X at @mars_invest for updates

Happy Investing!!

Latest Questions

T S Khurana |384 Answers |Ask -Follow

Tax Expert - Answered on Mar 04, 2025

Question by Raj - Mar 04, 2025Hindi

Money

Hi My father purchase ist and barsati floor in 1986 @ 2 lac... He made 3rd floor construction... We dont have construction expenses bills Now he want to sell@ 10 lac each floor to 3 indiviual buyers, means total 30 lac sale considration ., how it can be shown in income tax... Will 2 lac buy value is divide in 3 floor?

Ans: 01. As per details provided in the question, your Cost for all the three Flats is Rs.2,00,000.00 only. This is due to lack of documentary evidence about Cost of Construction (Bills & Source of Finance etc.).
02. LTCG tax may be comparativly less, if you opt for LTCG calculation without Indexation.
03. I would suggest you to get a Certificate of an Architect, who would certify the cost of your property as on 01.04.2001. You may treat this as your Cost for 3 flats and work out your tax details.
Most welcome for any further clarification. Thanks.

Mihir Tanna |1026 Answers |Ask -Follow

Tax Expert - Answered on Mar 04, 2025

Question by K - Feb 19, 2025Hindi

Money

I bought a flat in 2000 for 15 lakhs. Recently my wife got a share of land from her dad through settlement deed. We want to construct a house in few months time. Im planning to transfer my flat to her name through a settlement and then sell it for 1.5 crores so as to fund the new house. Will it still attract CG tax for me or for my wife?

Ans: In case you transfer asset to your spouse for inadequate consideration, Income out of such asset will be clubbed in your hands.

Milind Vadjikar |1083 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Mar 04, 2025

Question by shraddha - Feb 22, 2025Hindi

Money

Hello Sir, I am 35 year old working women & having SIP of 51K for 15 years. I started it 2 years before.(Current amount is 14L) My salary is 85K per month. I have 10 years daughter. I have currently purchased 2BHK home having home loan of 50L for 15years.My target is close the loan in next 5 years. Rent is coming 15K. EMI is 70K.(35K husband pays the EMI).NPS is 50K yearly. LIC 35K yearly. I want to retire by 2036 with amount of 2cr.Please suggest.

Ans: Hello;

With your current sip of 51 K you may be able to achieve a corpus of 2.13 Cr in 15 years time frame. (Assuming modest return of 10%).

You may use partial withdrawal from NPS/EPF, if any, and LIC policy proceeds to prepay the home loan.

Best wishes;

Mihir Tanna |1026 Answers |Ask -Follow

Tax Expert - Answered on Mar 04, 2025

Asked by Anonymous - Feb 21, 2025Hindi

Money

Till now I was filing income tax returns every year including the rental income for a flat jointly owned by me and my wife. For AY 2024-25, the rent was included in my wife’s ITR for convenience and no ITR wea filed by me as I had no other income. Is this ok?

Ans: No

Rental Income is required to be offered by owner/owners who has contributed in acquiring the property.

Mihir Tanna |1026 Answers |Ask -Follow

Tax Expert - Answered on Mar 04, 2025

Asked by Anonymous - Feb 19, 2025Hindi

Money

I have sold my flat for 3cr and purchased new flat for 4.5 ...but the builder has taken only 20% and rest 80% at possession..last week 13 th feb 2025 registration is done for new property...I will get possession around June 2025.I have done FD of rest amount.. kindly advice I will be taxed for fd and ltcg.

Ans: For claiming exemption u/s 54, gain amount is required to be invested in buying/constructing new property as per prescribed conditions. Thus, if before filing ITR if gain amount is paid to builder you are not liable to pay tax on LTCG. However, interest on FD will be taxable. Unutilised amount can be kept in capital gain scheme account.

Milind Vadjikar |1083 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Mar 04, 2025

Asked by Anonymous - Feb 27, 2025Hindi

Money

Sir/Madam, I want to sell my old house. With sale proceeds, instead of buying a property or constructing it, I want to go for investments for my grandchildren future. Where to invest and how to get investment portfolios online taking into account the incometax Implications. And as I am 70+ with heart issues and arthritis problems, kindly please lend your wiser counselling. Awaiting your reply, I remain. Thank you.

Ans: Hello;

How much is the approx current market value of your house?

What is the age of your grand children?

Please clarify.

Thanks;

Milind Vadjikar |1083 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Mar 04, 2025

Question by Gopal - Mar 03, 2025Hindi

Money

I am having 200 shares FV 10 and 20 NCD Part B of FV 10 which were lodged in November 2018 through my DP Moti Lal Oswal Chandigarh branch. Later I came to know that Linkin time return the same with objection to them but I did not receive the same. Now I am having only Photocopy of the same. Kindly advise me how many shares will be given to me and what about my Debentures?

Ans: Hello;

Please sort out the matter between your DP and yourself regarding original share certificates.

I don't think photocopies of share certificates will help.

Which company stock and NCD are you referring to?

Please clarify.

Thanks;

Mihir Tanna |1026 Answers |Ask -Follow

Tax Expert - Answered on Mar 04, 2025

Question by Chidambaran - Feb 18, 2025Hindi

Money

I sold my land and wanted to buy a flat. Do i have to invest only indexed cost amount on buying new property or entire amount on buying another property

Ans: For claiming exemption u/s 54F, entire sale proceeds of land is required to be invested in buying new property as per prescribed conditions.

Mihir Tanna |1026 Answers |Ask -Follow

Tax Expert - Answered on Mar 04, 2025

Asked by Anonymous - Feb 20, 2025Hindi

Money

I have one house in Haryana is my own name constructed by me in the year 1987 where I am residing at present. I also have another flat in Greater Noida jointly owned by me and by my wife. Now I intend to dismantle my existing house and reconstruct again with new structure with new map duly approved by Haryana Development Authority.I want to know as to whether I can I get exemption under Sec 54F from Capital Gains if I use the entire sale proceeds of Shares/mutual funds on reconstruction of my existing house. Here the point arises that I am not acqiring any new property. but reconstucting my self acauired property by using sale proceeds of Shares/mutual funds.I want to seek your advice as to whether I can avail exemption u/s 54F in this particular case

Ans: Claiming 54F for reconstruction of house can be matter of subject to litigation. In my view, dismantle of existing house and reconstructing new structure can be considered as construction of new house for 54F

Prof Suvasish Mukhopadhyay |446 Answers |Ask -Follow

Career Counsellor - Answered on Mar 04, 2025

Asked by Anonymous - Mar 04, 2025Hindi

Career

89.37 in JEE Mains Section 1: Can my son secure CSE in an NIT or IIIT?

Ans: May be in low ranked NITs

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.

Video Reply
Audio Reply

WhatsApp
Facebook
Twitter
Copy link

Delete

Close

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus

Sign up

email

uname

mobile no

Country Code

Mobile number

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

LOGIN

x