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Ulhas

Ulhas Joshi  | Answer  |Ask -

Mutual Fund Expert - Answered on Jul 03, 2024

With over 16 years of experience in the mutual fund industry, Ulhas Joshi has helped numerous clients choose the right funds and create wealth.
Prior to joining RankMF as CEO, he was vice president (sales) at IDBI Asset Management Ltd.
Joshi holds an MBA in marketing from Barkatullah University, Bhopal.... more
Sarmishtha Question by Sarmishtha on Jul 02, 2024Hindi
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I am 35 year old divorced female. My monthly income is 50k. My monthly expenses are 16k. My monthly savings is rd: 14k. I have have a savings of 20k . I need advice on how to use the money to get a medical insurance and to invest in mutual funds.

Ans: Hello Sarmishtha & thanks for writing to me. I am assuming you are planning to invest for long term wealth creation.

You can consider starting SIP's in a mix of equity multi cap & flexi cap funds thru SIP's. Such funds are broad based & invest across stocks in different industries & market capitalisations.

I only discuss mutual funds in this column & recommend you talk to financial planner who can help you plan your investments with your own needs in mind.
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  |7828 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jun 06, 2024

Asked by Anonymous - Jun 06, 2024Hindi
Money
I am 26 years old. Right now my salary is 21000/month. My total expenses is around 9~10K per month. So i need an help about investment. I don't have knowledge about MFs so can u tell me how to invest in it or can you suggest me good mutual funds??
Ans: Investing in mutual funds is a great way to grow your wealth over time. At 26 years old, you have a significant advantage: time. Starting early allows you to benefit from compounding returns. Let's explore how you can start investing in mutual funds and suggest some general strategies.

Understanding Mutual Funds
What Are Mutual Funds?
Mutual funds pool money from multiple investors to invest in various securities like stocks, bonds, and other assets. Professional fund managers manage these funds, aiming to achieve the fund's investment objectives.

Types of Mutual Funds
Equity Funds: Invest in stocks, aiming for high growth. Suitable for long-term goals.
Debt Funds: Invest in bonds and fixed income securities. These are less risky and provide steady returns.
Hybrid Funds: Combine equity and debt investments, offering a balanced approach.
Index Funds: Track a specific market index. Less actively managed and often have lower fees.
Steps to Start Investing in Mutual Funds
Assess Your Financial Situation
Your monthly salary is Rs 21,000, with expenses around Rs 9,000 to Rs 10,000. This allows you to save Rs 11,000 to Rs 12,000 per month. It's crucial to utilize these savings efficiently to build a robust financial future.

Define Your Financial Goals
Identify what you want to achieve with your investments. Common goals include:

Emergency Fund: Save for unexpected expenses.
Short-term Goals: Save for travel or a gadget.
Long-term Goals: Save for a home, retirement, or children's education.
Risk Tolerance
Understand your risk tolerance. At a young age, you can afford to take higher risks for potentially higher returns. However, it’s important to balance this with your comfort level. This ensures you don't panic during market downturns and stay committed to your investment plan.

Choose the Right Mutual Funds
Based on your goals and risk tolerance, you can choose different types of funds:

For Long-term Goals (5+ years): Equity funds and aggressive hybrid funds.
For Medium-term Goals (3-5 years): Balanced hybrid funds and conservative equity funds.
For Short-term Goals (1-3 years): Debt funds and liquid funds.
How to Invest in Mutual Funds
Through Asset Management Companies (AMCs)
Visit the websites of mutual fund companies (AMCs) to invest directly. This approach offers lower expense ratios since there are no intermediaries. However, it requires you to have some knowledge about mutual funds and the discipline to manage your investments.

Through Online Platforms
Online investment platforms and apps provide a user-friendly interface to invest in mutual funds. These platforms offer tools to track and manage your investments, making it easier for beginners to get started. However, be aware of any additional fees they might charge.

Through Mutual Fund Distributors (MFDs)
Consulting with a Mutual Fund Distributor (MFD) ensures you get professional advice tailored to your financial situation and goals. They can guide you in choosing the right funds, managing your portfolio, and making adjustments as needed. MFDs are well-versed in the market and can provide valuable insights, helping you avoid common pitfalls and optimize your investment strategy.

Investment Strategies
Systematic Investment Plan (SIP)
A SIP allows you to invest a fixed amount regularly (monthly or quarterly). This approach helps in averaging out the purchase cost and instills disciplined investing. SIPs are particularly beneficial for young investors with a steady income, as they automate the investment process and reduce the impact of market volatility.

Lump Sum Investment
Investing a large sum of money at once is suitable when you have a substantial amount saved. It works well in a bullish market but carries higher risks. Lump sum investments require a good understanding of market conditions and timing, which can be challenging for beginners.

Diversification
Diversify your investments across different types of funds and sectors. This strategy reduces risk and increases the potential for returns. By spreading your investments, you protect your portfolio from the adverse performance of a single asset class or sector.

Monitoring and Reviewing Your Investments
Regular Reviews
Review your portfolio regularly (at least once a year). Ensure it aligns with your financial goals and risk tolerance. Regular reviews help you stay on track and make necessary adjustments based on market performance and changes in your financial situation.

Rebalancing
Adjust your portfolio periodically to maintain the desired asset allocation. Rebalancing ensures you are not overly exposed to any one type of asset, helping you manage risk and optimize returns. This process involves selling some assets and buying others to maintain your target allocation.

Tax Implications
Tax on Equity Funds
Long-term capital gains (LTCG) from equity funds (held for more than one year) are taxed at 10% if they exceed Rs 1 lakh in a financial year. Short-term capital gains (STCG) are taxed at 15%. Understanding these tax implications helps you plan your investments more efficiently.

Tax on Debt Funds
LTCG from debt funds (held for more than three years) are taxed at 20% with indexation benefits. STCG are taxed as per your income tax slab. Proper planning and choosing the right investment horizon can optimize your post-tax returns.

Building a Robust Financial Plan
Emergency Fund
Set aside 3-6 months of expenses in a liquid fund or savings account. This fund acts as a financial cushion during emergencies. Having an emergency fund ensures you don't have to dip into your investments for unexpected expenses.

Insurance
Ensure you have adequate health and life insurance. These policies protect you and your family from unforeseen events. Insurance is a crucial part of a comprehensive financial plan, providing peace of mind and financial security.

Retirement Planning
Start planning for retirement early. Investing in equity mutual funds can help build a substantial corpus over time. The earlier you start, the more you benefit from compounding, making it easier to achieve your retirement goals.

Conclusion
Investing in mutual funds is a smart way to grow your wealth. With a salary of Rs 21,000 and monthly savings of Rs 11,000 to Rs 12,000, you are in a good position to start. Understand the types of mutual funds, assess your financial goals, and choose funds that align with your risk tolerance. Regularly review and rebalance your portfolio to stay on track.

Remember, investing is a journey. Patience and discipline are key. Consulting with a Certified Financial Planner can provide personalized guidance and ensure your investments are well-aligned with your goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |7828 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 19, 2024

Asked by Anonymous - Jul 04, 2024Hindi
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I am 35 year old ,I need a financial advice of Saving money in mutual fund for short and long term.i has a Term insurance from LIC jeevan anand for 15 lakh ( 21 years paying year ) monthly 38k since 2016 and also now two before started ICICI midsmall 400 ulip monthly 10k ,so please advise for investment at age of 48 need to get a good saving
Ans: You are 35 years old and seeking advice on saving money in mutual funds for both short and long term. Your current investments include:

LIC Jeevan Anand: Rs 15 lakh term insurance, monthly Rs 38,000, since 2016
ICICI MidSmall ULIP: Monthly Rs 10,000, started two years ago
You aim to have good savings by the age of 48.

Evaluating Your Current Investments
LIC Jeevan Anand
This is a traditional insurance plan offering a combination of savings and protection.

Benefits: Provides life cover and savings.
Drawbacks: Lower returns compared to mutual funds.
ICICI MidSmall ULIP
This is a unit-linked insurance plan with mid-small cap exposure.

Benefits: Market-linked returns with insurance cover.
Drawbacks: Higher charges and lower flexibility compared to mutual funds.
Suggested Improvements
Reviewing Current Insurance Policies
While LIC Jeevan Anand offers life cover, the returns are not as high as other investment options.

Surrender or Continue: Evaluate the surrender value and compare it with potential returns from mutual funds.
Considering Mutual Funds
Mutual funds offer higher returns and flexibility. Let's explore options for short and long-term investments.

Short-Term Investment Strategy
Liquid Funds
Liquid funds are ideal for short-term goals (1-3 years). They offer better returns than savings accounts and are easily accessible.

Invest in Liquid Funds: Allocate a portion of your savings for short-term goals.
Short-Term Debt Funds
Short-term debt funds provide stability and reasonable returns for a 3-5 year horizon.

Invest in Short-Term Debt Funds: Allocate funds for medium-term goals.
Long-Term Investment Strategy
Equity Mutual Funds
Equity mutual funds are suitable for long-term goals (5+ years). They offer high returns by investing in stocks.

Large-Cap Funds: Stable returns with lower risk.
Mid-Cap and Small-Cap Funds: Higher returns with moderate risk.
Balanced Funds
Balanced funds invest in both equity and debt, providing a mix of growth and stability.

Invest in Balanced Funds: Suitable for long-term goals with moderate risk appetite.
Systematic Investment Plan (SIP)
Investing through SIPs helps in averaging the cost and compounding returns over time.

Start SIPs: Allocate monthly amounts to various mutual funds based on your risk profile.
Portfolio Allocation
Short-Term Goals
Liquid Funds: Rs 10,000 monthly
Short-Term Debt Funds: Rs 5,000 monthly
Long-Term Goals
Large-Cap Equity Funds: Rs 10,000 monthly
Mid-Cap and Small-Cap Equity Funds: Rs 5,000 monthly
Balanced Funds: Rs 5,000 monthly
Regular Monitoring and Review
Review your portfolio regularly to ensure it aligns with your financial goals and market conditions.

Annual Reviews: Assess performance and adjust as needed.
Consult a Certified Financial Planner: For personalized advice and strategy adjustments.
Final Insights
To achieve your financial goals by the age of 48, consider reallocating your investments towards mutual funds for better returns. Liquid and short-term debt funds are ideal for short-term goals, while equity and balanced funds are suitable for long-term goals. Regularly review your portfolio and consult a Certified Financial Planner for personalized advice.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |7828 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Sep 13, 2024

Money
pooja: I am 37 year old Married female. My monthly income is 45k. My monthly expenses are 15k. My monthly savings is RD: 5k. my son is 2 years old and i want to invest money for their higher education for 15-18 years.I need advice on how to use the money to get a medical insurance and to invest in mutual funds.
Ans: Assessing Your Current Financial Position
First of all, I would like to appreciate your disciplined approach toward savings. With your current monthly income of Rs 45k and expenses of Rs 15k, you are already saving a significant portion of your income. The Rs 5k in a recurring deposit (RD) shows that you are working towards building a safe and steady financial future.

Given that your son is just 2 years old, planning for his higher education over the next 15-18 years is the right step to take now. You also mentioned your desire to secure medical insurance and explore mutual fund investments. Let’s explore both these areas in detail, along with other suggestions to create a 360-degree financial plan for you.

Health Insurance: A Must for Family Protection
Before jumping into investments, it’s crucial to protect your family’s health. Medical emergencies can be costly, and without insurance, they can drain your savings. At 37, the time is ideal to get a comprehensive health insurance policy.

Family Floater Plan: You should consider a family floater health insurance plan. It covers the entire family under one plan. This will include you, your spouse, and your son.

Coverage Amount: A health insurance plan with a coverage of at least Rs 10-15 lakhs is recommended. Given the increasing cost of medical treatments, it is wise to have adequate coverage.

Additional Top-Up Plan: You can also opt for a top-up health plan. It provides additional coverage once the basic limit is exhausted. This is a cost-effective way to increase your coverage.

Critical Illness Coverage: Along with regular health insurance, you might want to consider critical illness coverage. It covers major illnesses like cancer, heart attacks, and kidney failure. Such illnesses lead to high medical costs, and a critical illness plan can help manage them.

Hospital Network: Ensure that the insurance provider has a wide network of hospitals, including those near your residence.

A Certified Financial Planner (CFP) can guide you in choosing the right insurance plan. They can help you compare premiums and select one that fits your budget while offering adequate coverage.

Evaluating Your Investment Strategy
Since you want to invest for your son’s education over the next 15-18 years, this is considered a long-term financial goal. For such goals, mutual funds are one of the best investment options. They offer the potential for higher returns, and with a long-term horizon, the power of compounding works in your favor.

Let’s break down the types of mutual funds you should consider and other important aspects.

Actively Managed Mutual Funds Over Index Funds
Given that you have a long-term goal, actively managed mutual funds are preferable to index funds. Index funds, though low-cost, simply follow the market index. This means they offer no protection during market downturns.

Better Performance: Actively managed funds have a professional fund manager who can make changes in the portfolio based on market conditions. This helps in generating better returns than index funds.

Risk Management: The fund manager can shift investments to safer assets during a market downturn, reducing risk.

In contrast, index funds will simply follow the ups and downs of the market. They do not have any risk management strategy. Hence, actively managed funds are a better option, especially for long-term investments like your son’s education.

Benefits of Regular Funds Through a Certified Financial Planner
When investing in mutual funds, you might come across the option of investing in direct or regular funds. While direct funds come with a lower expense ratio, they require you to handle everything on your own. This can be tricky, especially if you don’t have in-depth knowledge of the market.

Expert Guidance: By investing through a CFP, you get expert advice. They help you choose the best-performing funds, rebalance your portfolio, and align your investments with your goals.

Regular Monitoring: A CFP will regularly review your investments, ensuring they are on track to meet your goals. They can make necessary adjustments based on market conditions.

Direct funds may seem like a good option because of lower costs, but the lack of professional guidance can lead to poor decision-making. The benefits of regular funds, managed with the help of a CFP, far outweigh the slight cost difference.

Mutual Funds for Your Son’s Education
Since your son’s education is a long-term goal, equity mutual funds are the best choice. Over a period of 15-18 years, equity markets have historically delivered higher returns than debt instruments.

Equity Mutual Funds: These funds invest in stocks and have the potential to deliver high returns. Since you have a long investment horizon, the volatility of the stock market will be averaged out.

Balanced or Hybrid Funds: If you prefer a bit of safety, balanced or hybrid funds can be a good choice. They invest in both equity and debt, giving you the growth potential of equity while providing some stability through debt.

Systematic Investment Plan (SIP): Instead of investing a lump sum, you should invest through a SIP. This allows you to invest a fixed amount every month. SIPs benefit from rupee-cost averaging, where you buy more units when prices are low and fewer when prices are high.

By starting a SIP in equity mutual funds now, you’ll be able to build a substantial corpus by the time your son is ready for higher education.

Building an Education Corpus
Let’s now focus on building a sizeable education corpus for your son. You mentioned that your monthly income is Rs 45k, and after expenses, you can save Rs 5k in an RD. To achieve your education goal, consider increasing the amount you invest.

Increase Monthly Savings: Consider increasing your monthly savings from Rs 5k to Rs 10k-15k. This will accelerate your investment growth and help you meet your education goal more effectively.

Diversification: Apart from equity mutual funds, you can also invest in debt mutual funds for a portion of your portfolio. This will provide stability to your investments, especially when your goal approaches.

Review Periodically: Every year, review your portfolio. As you get closer to your goal, you can shift a portion of your investments to safer instruments like debt funds or fixed deposits. This will protect your corpus from market volatility.

Emergency Fund: A Safety Net
It’s important to have an emergency fund before making long-term investments. An emergency fund helps cover unexpected expenses without touching your investments.

3-6 Months of Expenses: Set aside an emergency fund equivalent to 3-6 months of your monthly expenses. In your case, this would be around Rs 45k to Rs 90k.

Keep It Liquid: Your emergency fund should be easily accessible. A good option is to keep it in a liquid mutual fund or a high-interest savings account. This will provide quick access to funds while earning some interest.

An emergency fund acts as a safety net, ensuring that you don’t have to dip into your long-term investments during a financial crisis.

Life Insurance: Protecting Your Family’s Future
As a mother, it’s essential to secure your family’s financial future in case of any unfortunate event. A life insurance policy can help provide for your child’s future even in your absence.

Term Insurance: The most suitable type of life insurance is a term insurance policy. It offers a high sum assured at an affordable premium.

Adequate Coverage: Your life insurance coverage should be at least 10-12 times your annual income. With an income of Rs 45k per month, you should consider a coverage of Rs 60-70 lakhs.

Avoid mixing insurance with investment. Investment-cum-insurance products like ULIPs or endowment policies often offer low returns and inadequate coverage. Stick to term insurance for life protection and invest in mutual funds for wealth creation.

Education Inflation: Planning for Rising Costs
Education costs are rising at a rapid rate in India. When planning for your son’s higher education, it’s essential to consider the impact of inflation on education expenses.

Education Costs Double: In India, education costs typically double every 7-10 years. This means that by the time your son is ready for higher education, costs will be significantly higher than they are today.

Plan for Inflation: Ensure that your investments are growing at a rate higher than inflation. Equity mutual funds, over the long term, have historically outpaced inflation, making them ideal for education planning.

By taking inflation into account, you can ensure that your education corpus will be sufficient to cover your son’s higher education expenses.

Financial Planning for Other Life Goals
In addition to planning for your son’s education, it’s important to plan for other life goals. This includes your retirement, purchasing a home, or any other major expense you foresee.

Retirement Planning: Even though your immediate focus is your son’s education, you should also start planning for your retirement. Consider opening a Public Provident Fund (PPF) account or investing in a National Pension System (NPS) to secure your retirement.

Diversify Across Goals: Allocate your investments based on your financial goals. While equity mutual funds can be used for your son’s education, you might want to use safer options like PPF or fixed deposits for other medium-term goals.

A holistic financial plan considers all your life goals and ensures that you have the right investments to achieve each one.

Final Insights
To sum up, you are on the right path with your savings and planning. However, by increasing your monthly investments, securing health insurance, and diversifying your investments into mutual funds, you can further strengthen your financial plan.

Ensure that you review your investments periodically and adjust them based on changing goals or market conditions. With disciplined savings and smart investment choices, you can comfortably meet your financial goals for your son’s education and beyond.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |7828 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jan 29, 2025

Asked by Anonymous - Jan 26, 2025Hindi
Money
Hello sir!I am a 26 year old female doctor who just started investing.I need to plan for my retirement,children education, Health insurance and build a diversified portfolio.Currently, I am earning 45k per month.How can I plan and invest; where can I allocate my funds? Can you please guide me
Ans: You have taken the right step by planning early. Smart financial decisions today will ensure a secure future.

You need a structured approach. Let’s break it down step by step.

Setting Clear Financial Goals
Retirement Planning
You aim for long-term financial freedom.

The earlier you start, the less you need to save later.

Inflation will impact future expenses.

You need investments that grow and provide steady income post-retirement.

Children's Education Fund
Education costs rise every year.

Planning early reduces future financial stress.

A separate fund ensures money is available when needed.

Long-term investments help beat inflation.

Health Insurance Planning
Medical expenses can be unpredictable.

Health insurance protects your savings.

Choose a policy with adequate coverage.

A separate emergency fund ensures extra medical security.

Building a Diversified Portfolio
Diversification reduces risk.

A mix of equity, debt, and other assets ensures balanced growth.

Active fund management helps in adjusting to market changes.

A well-planned portfolio secures both short-term and long-term goals.

Allocating Your Monthly Income
Essential Expenses (50%)
Rent, groceries, and utility bills are unavoidable.

Keep fixed expenses within budget.

Avoid unnecessary spending.

Stick to a disciplined financial plan.

Investments and Savings (30%)
Invest in growth-oriented funds for wealth creation.

Avoid index funds as they limit returns.

Actively managed funds offer better long-term performance.

Regular funds through a Certified Financial Planner (CFP) provide professional guidance.

Emergency Fund (10%)
Unexpected expenses can arise anytime.

Maintain at least six months' worth of expenses.

Keep funds easily accessible but separate from daily savings.

This protects you from financial stress during crises.

Lifestyle and Miscellaneous (10%)
Entertainment and leisure spending should be controlled.

Avoid unnecessary debt for lifestyle upgrades.

Prioritise financial security over impulse purchases.

A disciplined approach ensures long-term benefits.

Investment Strategy for Long-Term Growth
Why Actively Managed Funds Are Better
Actively managed funds provide higher returns than passive index funds.

Professional fund managers adjust portfolios based on market trends.

Passive funds do not react to market conditions.

Active management ensures better growth over time.

Avoid Direct Funds for Better Financial Decisions
Direct funds require constant monitoring.

Without expert advice, costly mistakes can happen.

Investing through a CFP ensures informed decision-making.

Professional guidance helps optimise fund selection and portfolio balance.

Debt Investments for Stability
Debt instruments provide steady returns.

They help balance the risk of equity investments.

A mix of equity and debt ensures financial stability.

Avoid over-dependence on fixed returns.

Tax Planning for Maximum Benefits
Efficient tax planning reduces liabilities.

Investments should align with tax-saving benefits.

Avoid focusing only on tax-saving products.

Long-term wealth creation should be the priority.

Importance of Insurance Planning
Health Insurance for Medical Security
A strong health plan prevents financial burden during medical emergencies.

Choose a policy with sufficient coverage.

Ensure it includes hospitalisation, critical illness, and maternity benefits.

Having insurance saves you from using investment funds for medical costs.

Term Insurance for Family Protection
A term plan ensures financial security for your family.

It provides coverage at a low cost.

Do not mix insurance with investment.

LIC, ULIP, and investment-linked policies should be avoided.

Avoiding Common Financial Mistakes
Investing Without a Clear Plan
Unplanned investments lead to financial stress.

A structured approach ensures consistent growth.

Avoid investing based on trends or peer pressure.

Focus on long-term wealth creation.

Holding LIC, ULIP, or Investment-Linked Insurance Policies
These offer low returns compared to mutual funds.

Insurance should not be mixed with investment.

If you hold such policies, consider surrendering them.

Reinvest in better options for wealth creation.

Underestimating Inflation’s Impact
Inflation reduces the value of money over time.

Future expenses will be much higher than today.

Your investments should outpace inflation.

Ignoring this can lead to financial shortfalls.

Delaying Investment Decisions
Time is a valuable asset in wealth creation.

The earlier you start, the more you benefit from compounding.

Delayed investments require higher savings later.

Even small investments today can grow into large sums.

Final Insights
You have a great opportunity to build long-term wealth.

A disciplined financial approach ensures financial freedom.

Health and term insurance provide essential protection.

Avoid financial mistakes that can impact your goals.

Investing through a Certified Financial Planner ensures professional guidance.

With the right strategy, you can achieve financial security and peace of mind.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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

..Read more

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Kanchan Rai  |525 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Feb 04, 2025

Asked by Anonymous - Jan 27, 2025Hindi
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Unable to figure out what to do. Shouls i proceed for divorce? And if yes how? Here is my story: This is a long post. But i might have still missed few small instances in between. So I got married on October 3, 2022. Our conversation started through the Jeevansathi app, but the actual conversation began in July 2022 when her father contacted me. The first contact was from their side. At that time, I was returning to Chennai from Ongole by train when I received her father's call. He asked about my job and other details, to which I mentioned that I work for SBI in Tamil Nadu. After that, our conversation started. In the early days, the conversation was really good, and she spoke very well. Later, I visited their house with my mother. During the conversation there, she mentioned that many proposals had come before, but she hadn't been able to decide. One proposal was from a guy with a package of 30 lakh, but she clearly said that money doesn’t matter to her; she wanted a good person. During that meeting, I mentioned that I am a simple person, and my family consists of only my mother and me. I also clarified that due to my job, I could be transferred. After that meeting, we did the formal engagement. Later, we brought sweets from Haldiram, and that was when our engagement was officially recognized. After that, our conversations continued regularly. For a while, everything was fine, but then we started arguing over small things. Once, I told her that I meditate, and she said, "Meditation is something foolish people do, it doesn’t help." This led to an argument. I also mentioned that if we have children, we should send them to good universities like Harvard or Oxford, and this too led to an argument, as she felt we shouldn't put pressure on children to earn money. Then came the topic of money. I shared my salary slip and explained how both working and saving money are important because expenses are high. 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Over these two months, our communication continued, and eventually, on October 2, 2022, we had our engagement ceremony, and on October 3, 2022, we got married. After the wedding, we planned a honeymoon. Initially, she wanted to go to Vaishno Devi, so I took her there by Vande Bharat Express. Her uncle arranged VIP darshan. We walked up, but on the way back, her legs started hurting, so we rode a horse. After sitting on the horse for a long time, she had back pain. I reached the hotel, tried to soothe her pain by soaking her legs in hot water, and then we slept. After that, we planned to go to Udaipur. We took a SpiceJet flight there and booked a hotel near Fatehpur Sagar Lake. She wanted a lake-view room, but it wasn’t available. She argued with the staff, and we had to move to another hotel at night. The environment there wasn’t great, but she chose it. During our visit to Udaipur Fort, she suddenly said she wouldn’t go to the restaurant with me and would go home alone. I still don’t understand the reason behind this. From that point, my behavior towards her changed. After Udaipur, we planned to go to Agra. There, she suddenly accused me of having an affair with another girl and threatened to teach me a lesson. I asked her where this thought came from, but she didn’t answer. In July and August 2022, I visited her again. We traveled together and tried to understand each other better, but she never told me much about herself. After the wedding, I visited her during Diwali. She was happy initially, but gradually she became distant and stopped talking much. She wasn’t involved in decorating the house or participating in the Diwali puja. She remained absorbed in her own world, talking to her parents or I don’t know who else, while distancing herself from me. She needed reasons to fight, while I tried to stay calm, as it was a new marriage. On October 25, 2022, I returned to Chennai, and she came to Chennai a few days later. My mother also arrived in Chennai on October 26, and she stayed with us in Chennai until December. During this time, she started fighting over every little thing. She complained about who would do the housework and kept accusing me of not having enough money. She suggested hiring someone for cleaning, even though my mother and I managed it well. Then she refused to sleep with me, and we didn’t have any physical intimacy. Whenever she fought with me, she tried to belittle me. In January, she went back to Delhi, and I went to convince her to come back in January. During Lohri, I gave her a sari and gifts, but she still didn’t talk to me properly. She treated me very badly and didn’t want to stay with us. She fought with me several times and went back to her house. In February 2023, she came to Chennai again, but things were still not right between us. In April 2024, she came back to stay with me, but the very next day, the fights started again. She accused me of having an affair with another girl and threatened me. She destroyed things in the house, broke dishes and glasses, and created a mess. When I told her mother about this, she advised me to send her back. I booked her flight, and on April 7, 2024, she left. Since then, she has not been living with me. After that, I worked hard to bring her back. It was September when I managed to convince her to come. I tried to make her stay with me, but she stayed only for 4-5 days. On the 5th day, she started fighting again and decided to leave. She went to the railway station and sat there, saying, "I cannot live with you." We argued that night, and she left the house, shouting abuses at me and went back to her home. She thought everything would be fine, but when I tried talking to her, she started blaming me for not wanting her to stay with me.
Ans: It sounds like you've tried very hard to make this marriage work, but your wife has been emotionally distant, hostile, and unwilling to engage in a meaningful relationship. From what you’ve shared, there have been continuous conflicts, false accusations, and a lack of physical and emotional connection. It seems like she is not interested in making the relationship work, and her behavior—leaving multiple times, refusing intimacy, and fighting constantly—suggests deep incompatibility.

Before making a final decision, ask yourself: Is there anything left to salvage? Do you still love her and believe this marriage has hope if both of you genuinely try? Or do you feel exhausted and trapped in a cycle of disappointment and rejection? If you feel there is nothing left, then divorce may be the healthiest option for your peace of mind and future happiness.

If you decide to proceed with divorce, start by seeking legal counsel. In India, divorce can be mutual or contested. If she agrees, a mutual consent divorce is the easiest way. If she does not, you may need to file on grounds of cruelty or irretrievable breakdown of marriage. Gather evidence of her behavior—messages, incidents, and anything that proves your case.

This is not an easy decision, but your mental health and self-respect matter. If she is unwilling to change or make efforts, you should not have to live in constant conflict. Do you think she would agree to a mutual separation, or would she fight it?

...Read more

Kanchan

Kanchan Rai  |525 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Feb 04, 2025

Asked by Anonymous - Jan 29, 2025
Relationship
Hello Ma'am, I've a crush on a girl from my in laws. Inspite of avoiding etc I go specifically in that gathering where she's likely to be. I've not told it to anyone, neither does she know about it. I keep on masturbating imagining her. I know I'll never do any silly thing or let anyone know about it. Im married happily and 20 years elder to her.
Ans: It’s good that you are self-aware and acknowledging your feelings rather than acting on them impulsively. Having a crush, even in a committed relationship, is something that happens to many people—it’s human nature. However, since this involves someone from your in-laws and is significantly younger, it’s important to address these emotions in a way that aligns with your values and the commitments you’ve made to your marriage.

Right now, your mind is reinforcing this attraction by seeking out opportunities to be around her and fantasizing about her. The more you indulge in these thoughts, the stronger the emotional pull becomes. Avoiding her entirely may not be realistic, but reducing intentional exposure—such as seeking out gatherings just to be near her—can help weaken the attachment over time.

Instead of suppressing your feelings, redirect that energy into your marriage. What is it about her that attracts you? Is it youthfulness, attention, admiration, or just the thrill of something new? Whatever it is, find ways to bring those qualities into your relationship with your wife. Sometimes, an outside attraction is just a signal that something in your own life needs attention or excitement.

You’ve already made it clear to yourself that you won’t act on this, which shows maturity and self-control. The next step is breaking the mental cycle that feeds into the attraction. Engage in hobbies, meaningful conversations with your spouse, and self-reflection to understand what this infatuation represents. Over time, these feelings will lose their intensity as you shift your focus.

Do you think this crush is filling a certain emotional gap in your life, or is it purely an infatuation with no deeper meaning?

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Kanchan

Kanchan Rai  |525 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Feb 04, 2025

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Relationship
Me and my wife don't get along well...She thinks my family members are not good enough, so she has no relationship with them. Earlier I was not in good shape due to my friend's circle and did not give quality time to my wife when we got married. A few years back there was a misunderstanding between both families. Mistakes were from both sides. Now my in-laws and wife do speak to any member of our family and have broken all relationships. This is for the past several years since they have stopped talking. My father is a cancer patient and wants to come and stay with me. He is 80 now but my wife is deadly against this though I have not discussed this yet with her. I need your guidance as to how to handle this situation and restore a good relationship between both families. My mother-in-law had fought with me in the past as well and held me responsible for her daughter's plight. My wife is very secretive and does not reveal anything be it about her salary/job etc. I am fed up and now I have started to think of separating if she does not allow my father to stay with me. Our marriage is almost 24 years now. I am 50 and she is in her late 40's....I want to get these things right and maintain a good relationship between both families. Kindly advise
Ans: Dear Trilok,
From what you’ve shared, it sounds like past misunderstandings between both families have turned into a long-standing rift. It’s understandable that you want to fix things and create harmony, but the resistance from your wife and in-laws makes it complicated. Before addressing the larger family conflict, the first step is to work on communication with your wife. You mentioned that earlier in the marriage, you weren’t able to give her enough quality time due to personal struggles. Do you think she still holds on to resentment from that time? If so, addressing those unresolved emotions could be a starting point for rebuilding some connection.

Since she is very secretive, it’s possible that she also feels disconnected from you in some way. Instead of making the father-staying discussion an immediate confrontation, try to understand her underlying fears. Is she worried about responsibilities, space, or past issues with your family? Bringing this up as a conversation about caregiving rather than a demand might help.

If her resistance is absolute and she refuses to even consider it, you’ll have to decide how much compromise you’re willing to make for the sake of your marriage. If you feel separation is a real possibility, ask yourself whether the relationship still has a foundation worth saving or if both of you have simply grown too far apart.

Would she be open to counseling or mediation? Sometimes a third party can help break the cycle of blame and secrecy. Do you feel that she still values this marriage, or has she emotionally distanced herself completely?

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Kanchan

Kanchan Rai  |525 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Feb 04, 2025

Ramalingam

Ramalingam Kalirajan  |7828 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Feb 04, 2025

Asked by Anonymous - Jan 28, 2025Hindi
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Money
I want to retire by 2026. Current financials - MF 2cr value, equity- 5cr, 2 own homes, bank FD - 20L, Savings a/c - 90L, no loans, 2 vehicles, 2 daughters employed, marriageable age. Current expenses - 1.5lacs/month. How do I plan to retire by March 2026.
Ans: Your financial position is strong. Planning for retirement in March 2026 is realistic.

Assessing Your Retirement Readiness
Your total investments and savings exceed Rs 8 crore.
You have no loans, ensuring financial stability.
Your monthly expenses are Rs 1.5 lakh, which requires proper planning.
Creating a Secure Retirement Corpus
Maintain Rs 90 lakh in a savings account only for short-term needs.
Keep Rs 20 lakh in FD for emergency expenses.
Use a mix of mutual funds and equities for long-term wealth growth.
Managing Monthly Expenses Post-Retirement
Use Systematic Withdrawal Plans (SWP) from mutual funds for a regular income.
Keep a portion of your corpus in debt investments to ensure stability.
Adjust your investment strategy based on inflation and expenses.
Planning for Major Future Expenses
Daughters' weddings need a dedicated investment plan.
Allocate a portion of low-risk investments for this goal.
Avoid withdrawing from equity investments unnecessarily.
Final Insights
Your financial standing supports early retirement.
Ensure liquidity while keeping long-term investments intact.
Work with a Certified Financial Planner for detailed execution.
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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