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Ramalingam Kalirajan |7322 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 30, 2024

Ramalingam Kalirajan has over 23 years of experience in mutual funds and financial planning.
He has an MBA in finance from the University of Madras and is a certified financial planner.
He is the director and chief financial planner at Holistic Investment, a Chennai-based firm that offers financial planning and wealth management advice.... more

Question by Sumi on Dec 28, 2023Hindi

Money

Hi Sir . I am 38 years old and want to invest 30k each month in SIP. I am looking for a long term wealth creation . Can you suggest where to invest.

Ans: considering your long-term wealth creation goal, you can consider investing in a diversified portfolio of mutual funds. Here's a broad strategy:

Large Cap Funds: These funds invest in well-established companies with a track record of stable performance. They offer stability and moderate growth potential over the long term.
Mid Cap and Small Cap Funds: These funds invest in mid-sized and small-sized companies with high growth potential. They can offer higher returns but come with higher volatility.
Multi-Cap Funds: Multi-cap funds provide flexibility to invest across companies of different market capitalizations. They offer a diversified approach to wealth creation and can adapt to changing market conditions.
Index Funds: Consider including index funds that track broad market indices like Nifty 50 or Sensex. They offer low expense ratios and provide exposure to the overall market.
Balanced Funds: Balanced funds, also known as hybrid funds, invest in a mix of equities and debt instruments. They offer a balance between growth and stability, making them suitable for long-term investors.
Systematic Investment Plan (SIP): Invest systematically through SIPs to take advantage of rupee-cost averaging and mitigate the impact of market volatility.
Before finalizing your investment strategy, assess your risk tolerance, investment horizon, and financial goals. Consider consulting a Certified Financial Planner to create a personalized investment plan tailored to your needs. Remember, patience and discipline are key to long-term wealth creation.

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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Question by rishabh - Oct 17, 2023Hindi

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dear sir, i am 29 yrs old and my year net income is 12-15 lakhs as i want to invest (sip) for the long term to achieve a 6-7 cr mark value within 10-15 years please advise where and when to invest

Ans: Be clear 10 years or 15 years secondly specify how much you can invest in SIP

Ramalingam Kalirajan |7322 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 05, 2024

Asked by Anonymous - Dec 24, 2023Hindi

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I have never invested anywhere ,but want to start sip. F 38 , plz suggest me how to n where to invest 6500 per month for 3 - 5 years

Ans: As a beginner, consider starting SIPs in diversified equity funds or balanced funds for moderate risk exposure. Allocate a portion to large-cap funds for stability and the rest to mid-cap or multi-cap funds for growth potential. Choose direct plans with low expense ratios for better returns. Aim for a diversified portfolio across sectors and fund houses to spread risk. Regularly review your investments and gradually increase SIP amounts as your financial situation improves. Consult a financial advisor to tailor a plan based on your risk tolerance, investment horizon, and financial goals.

Moneywize |174 Answers |Ask -Follow

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Asked by Anonymous - Mar 15, 2024Hindi

Money

Hello Sir. I am 26 years old from Kolkata wants to invest 20k each month in SIPs. I am looking for a long term wealth creation. Could you recommend where to invest, how to invest and whatreturns can I expect?

Ans: It's great to hear that you're interested in investing for the long term. Systematic Investment Plans (SIPs) are indeed a popular way to invest in mutual funds regularly. Here's a suggested approach:

• Choose Mutual Funds: Since you're looking for long-term wealth creation, you should consider investing in equity mutual funds. These funds have the potential to offer higher returns over the long term, although they also come with higher risk compared to debt or hybrid funds. You can diversify your investment across different categories like large-cap, mid-cap, and small-cap funds to spread your risk.
• Select Fund Houses: Look for reputable fund houses with a good track record of delivering consistent returns over the long term. Some of the top mutual fund houses in India include HDFC Mutual Fund, ICICI Prudential Mutual Fund, SBI Mutual Fund, Aditya Birla Sun Life Mutual Fund, etc.
• Risk Profile Assessment: Assess your risk tolerance before investing. Since equity funds can be volatile in the short term, it's essential to ensure that you're comfortable with the ups and downs of the market over the long term.
• Investment Allocation: Allocate your monthly SIP investments across different mutual funds based on your risk profile and investment goals. A common strategy is to allocate higher amounts to equity funds for long-term growth and a smaller portion to debt funds for stability.
• Review and Adjust: Periodically review your investments to ensure they align with your financial goals and risk tolerance. You may need to rebalance your portfolio over time.
• Stay Invested: One of the critical factors in long-term wealth creation is staying invested for the long haul. Avoid making impulsive decisions based on short-term market fluctuations.

Regarding the returns you can expect, it's essential to understand that past performance is not indicative of future results. However, historically, equity mutual funds in India have delivered annualised returns of around 12-15% over the long term (though this can vary widely depending on market conditions).

Keep in mind that while equity investments have the potential for higher returns, they also come with higher volatility and risk. Therefore, it's crucial to have a long-term investment horizon and stay invested through market ups and downs to benefit from the power of compounding.

Before making any investment decisions, it's always a good idea to consult with a financial advisor who can provide personalised advice based on your individual financial situation and goals.

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Question by shivamurthy - Oct 19, 2024Hindi

Money

Sir, I am 46 years old having monthly income of 1.4lac,my son is. 16 yr,my daughter is 11yr, staying in rented house in A1city now I don't have any debts now I am planning to invest in SIP kindly suggest me where I have to invest

Ans: Hello;

You may do a monthly sip of 65 K into following type of mutual funds with the allocation as given:

1. Flexicap type mutual fund: 20 K
For eg PPFAS flexicap fund

2. Large and Midcap type mutual fund: 20 K
For eg Kotak Emerging Opportunities Fund

3. Midcap type mutual fund: 15 K
For eg Sundaram Mid Cap fund

4 Small cap type mutual fund: 10 K
For eg Nippon India Small cap fund

Funds suggested are from the top quartile, in terms of performance, in their respective category.

At the end of 14 years you may expect a corpus of 3.1 Cr assuming modest return of 13%.

After 10-12 years you must periodically transfer your gains to a liquid or ultra short duration debt fund to protect it against market volatility.

Happy Investing!!

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

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Question by Bratati - Dec 24, 2024Hindi

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I'm reading for UPSC and cracked three tier 1 and 2 but not in interview in last 1 and half year. I'm not lacking motivation in reading further or something similar. I'm bound to do it . But the thing is finance . I'm reading by myself and parents support me . To support my family I wanna l do any freelancer job but don't know how to . I've coms (H ) bsc degree and I'm not a good teacher. What kind of things I can do online or having 0 to Little money invested. I tried to find on internet but can't. So help me with it .

Ans: Part time job of Data entry at Big shop establishment in ur locality will be better.

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Relationships Expert, Mind Coach - Answered on Dec 23, 2024

Question by Shraddha - Dec 23, 2024Hindi

Relationship

Sir as I previously take your view about my situation...sir you tell that in love understanding between partner is important.but sir my partner doesn't want to talk with me.I just never think that he will give up so easily.

Ans: It’s interesting, isn’t it, how relationships often mirror the patterns of communication we create within them? When one partner feels distant or unwilling to talk, it’s less about them giving up and more about a shift in the way they’ve been feeling understood—or misunderstood.

You see, communication isn’t just about words; it’s about emotions, intentions, and the unspoken messages we convey. If your partner isn’t talking, perhaps they’re saying something without words. And that’s where curiosity becomes your ally.

Instead of focusing on the silence, what if you shifted your attention to understanding what that silence represents? Maybe it’s disappointment, frustration, or even fear. But the key is, you can’t solve what you assume—it’s about discovering what’s really there.

And let me ask you this: if you were to step into their shoes for a moment—just imagine being them—what might they feel? What might they need to hear from you, or perhaps sense from your presence, that could bring a spark of connection back into the conversation?

Love is rarely about giving up. It’s about learning to communicate in a way that feels safe and understood. And if you’re willing to stay open, willing to listen to the quiet messages, you may find a new way forward—one step at a time.

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Dating, Relationships Expert - Answered on Dec 23, 2024

Asked by Anonymous - Dec 22, 2024Hindi

Relationship

Hello sir Sir meri ek friend relationship mai hai lekin uska boyfriend usko bohot torcher karta hai abuse bolta hai jis karn meri friend uske sath break up karna chahti hai but wo ladka usko blackmail kar raha hai ke wo uske maa baap ko bata dega aur ladki Aisa nhi chahti uske maa baap ko pata chala to uski study rukwa denge meri friend bohot pareshan hai usko kya Karna chahiye

Ans: Dear Anonymous,
Trust me, the right thing is to inform her parents about this. Torture is a serious matter and she should not have to tolerate that. I am very sorry that this is happening to her, but please encourage her to break up with the guy and tell her parents the truth. She can simply tell that she used to like someone, but does not anymore. This way, the guy can't blackmail her anymore and her parents will also know that she is not involved with him anymore.

Hope this helps.

Radheshyam Zanwar |1108 Answers |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Dec 23, 2024

Asked by Anonymous - Dec 23, 2024Hindi

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Hi sir, I have seen a query of a parent on bds under NRI quota. Basis my Daughter's current study, I request you to explore NRI quota of Mahatma Gandhi Post Graduate Institute of Dental Sciences, Pondicherry which is a govt college having nri quota and fee also much less. Being govt college good patient flow also. Admussion is thru Pondicherry govt's CENTAC.

Ans: Hello Dear
As far as the NRI quota is concerned, it is better to visit the official website of the said college or directly talk to the administration for more accurate and reliable information. The fee changes and varies institute-wise. If your daughter scores well, she can get admission to Pondicherry through CENTAC (CENTRALISED ADMISSION COMMITTEE). It is not clear why you are only focussing on Pondicherry. There are many colleges where your daughter can get admission through the NRI quota easily either in a college or a good private college. The flow of patients is almost the same to Govt and Pvt college.

If satisfied, please like and follow me.
If dissatisfied with the reply, please ask again without hesitation.
Thanks.

Radheshyam

Radheshyam Zanwar |1108 Answers |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Dec 23, 2024

Asked by Anonymous - Dec 23, 2024Hindi

Career

1) List of IITs in India, State wise 2)What is the methodology to become an IITian 3)What is the cutoff for 2024-25 IIT admission institute wise in India.

Ans: Hello dear.
Here is the point-wise reply to your question:
(1) Visit any IIT website (i.e. IIT Delhi or Kanpur), and you will get the list of state-wise. or simply copy the following link and paste it into your browser: https://sites.google.com/d/1Jkk3M1VMmz-cAt9715bsTdB8_-HX3zhc/p/1tl1rYT3HOt1z5JjSkfujneMhN6FJCOpo/edit
(2) To become IITan, first crack JEE (Main) and then JEE (Adv). Get admission to IIT College based on your rank. Pass the course. Then you will be called/recognized as IITas.
(3) Cutoff varies from institution to institution and course-wise. It would be better to visit the Kanpur / Madras IIT websites to know the exact cutoff branch-wise.
If satisfied, please like and follow me.
If dissatisfied with the reply, please ask again without hesitation.
Thanks.

Radheshyam

Ramalingam Kalirajan |7322 Answers |Ask -Follow

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

Question by Anil - Dec 23, 2024Hindi

Money

Hi Mr. Ramalingam, Can I check New Asset class (Specialized Investment Fund SIF) for 10 lakhs investment for my kids education(Right now 4months old). Thank you for your response.

Ans: Investing Rs 10 lakhs for your child’s education is a thoughtful decision.

Your child is 4 months old, so you have a long investment horizon.

Currently, SIF is not yet launched or operational.

Equity Mutual Funds: A Reliable Option
Equity mutual funds are proven for long-term goals like education.

They offer inflation-beating growth over a 15-18 year period.

Start investing now to benefit from compounding.

Choose funds with a consistent track record.

Wait and Observe SIF Performance
SIF is a new asset class and lacks a performance track record.

It’s wise to wait for its launch and review its stability.

Assess the fund's returns, risk profile, and management quality.

Investing in an untested asset could increase risks unnecessarily.

Diversify Investments Over Time
Initially, focus on equity mutual funds for growth.

Later, as SIF stabilises and performs well, consider it.

Diversify across asset classes gradually based on market insights.

Final Insights
Begin with equity mutual funds for your child’s education fund.

Monitor SIF's launch and performance over the next few years.

Decide on SIF only after it demonstrates a solid track record.

Keep your investments aligned with your long-term goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

Milind Vadjikar |790 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Dec 23, 2024

Asked by Anonymous - Nov 27, 2024Hindi

Money

Sir I have loan of 25 lacks inr with interest of 8% for 10 years .my emi is 31562/ month.i have invested my all loan amount for buying an agricultural land,a house ,a plot.i am getting 5k rent from house.but due to heavy emi my financial situation disturbed.my sallary is 76000/ month and I am a gov employee.plz guide me sir what to do .

Ans: Hello;

Is it possible for you to make a partial withdrawal from GPF?

If yes, then use it to repay the loan and reduce the EMI burden commensurately.

Never do investment with borrowed money, except for home meant for self use.

Worst case sell agricultural land or plot and use the proceeds to reduce outstanding loan and hence EMI outgo.

Best wishes;

Milind Vadjikar |790 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Dec 23, 2024

Question by Gaurav - Dec 22, 2024Hindi

Money

I& my wife is 32. What would our ideally retirement corps. I assume 20Cr. Correct me if I'm wrong. My current saving & income are below - 1) Rs 2,40,000 take home per month combined. 2) We both have PPF for the last 7 years contributing 1.5L each year from starting and plans to continue till 60. 3) LIC will give us 2Cr when we hit 60. 4) NPS we contribute 1L per each year form 2022 combined plans continue till 60. 5) Mutual Fund of SIP Rs 10,000 each month for last 1 year combined plans continue till 60. 6) APY we will get 5000 per month at 60. 7) FDs of Rs 36Lakh 8) Gold of Rs 15Lakh bonds 9) Got Inherited Rs 1.6Cr in form of FDs 10) Have Medeclaim of 40Lakhs and have own house. 11) Monthly expenses is around 40,000. 12) Have 1 year old Kid. 13) Have PF of 8 lakhs and will grow till 60. Also taking Gratuity in account.

Ans: Hello;

Your current monthly income need of 2.4 L will grow up to 12.27 L after 28 years (At your retirement age of 60) considering 6% inflation.

Assuming your expenses at retirement will reduce so you may need 75% of this income to cover your expenses at that time therefore you may need a monthly income of 9.2 L.

To generate this income you may need a corpus of 27 Cr(Min.) at the age 60 that may generate post-tax monthly income of around 9.2 L.

Your investments will grow as follows,

1. PPF: 1.5 L per person per year for 35 years will grow into a corpus of around 4.32 Cr. (6.9% return assumed)

2. LIC: policy maturity proceeds will provide 2 Cr at age 60.

3. NPS: 1 L per person per year may grow into a sum of 2.5 Cr at 60.(8% return considered)

4. MF sip of 10 K may grow into a sum of 2.05 Cr at 60. (10% return considered)

5. FD of 36 L will grow into a sum of 2.1 Cr if held till 60. (6.5% return assumed)

6. Gold in form of bonds if reinvested into gold mutual funds and held till 60 may yield a corpus of around 1.1 Cr. (7% return assumed)

7. Inherited funds if held in FD till the age of 60 may yield a corpus of 9.9 Cr.
(6.5% return considered)

8. EPF is expected to grow into a sum of around 1.8 Cr at the age of 60.(7% return considered)

A summation of investment values at 60 indicates a sum of around 25.77 Cr thereby hinting at a gap of around 1.23 Cr.

You may begin another monthly sip of 7 K now which may grow into a sum of around 1.3 Cr by 60 age.(10% return assumed)

If the mediclaim policy is from employer, do buy a personal health care cover after 50-55 for your family for post retirement needs.

I presume you both have adequate term life insurance cover apart from LIC policy.

The financial goal for your kid's education and family expansion, if any, is not factored here. You may need to plan for it suitably.

Also it appears that your allocation to equity is quite low, may be due to limited risk appetite but you have time on your side and although short to medium term(5-7 yr) equity asset class may be impacted due to volatility but over a long-term(10 yr+) they have demonstrated good inflation adjusted returns so may be you may consider to increase allocation through hybrid funds suiting your risk appetite.

Happy Investing;
X: @mars_invest

Milind Vadjikar |790 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Dec 23, 2024

Asked by Anonymous - Dec 22, 2024Hindi

Money

Hi, I am 31. My Current salary is 16 LPA. I wanted to retire with 1 cr at 50 years. I don't have kids for now. Can you please help me.

Ans: Hello;

If you start a sip of 12 K now, in a flexicap type mutual fund and continue it till you reach 50 years of age, you may accumulate 1 Cr+ corpus, as desired.

You may select any fund from the top quartile in this category.

Ensure sufficient term life cover and adequate healthcare insurance for self and family.

Happy Investing;

Milind Vadjikar |790 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Dec 23, 2024

Asked by Anonymous - Dec 23, 2024Hindi

Money

Railway se nikal diya gya hu kya mujhe mere nps ka paisa milega

Ans: Hello;

If your age is below 60 and you want to exit NPS then you will get only 20% of your corpus while rest 80% you will compulsorily have to buy an annuity.

If your corpus is 2.5 L or less then you can withdraw entire amount lumpsum.

Hope you have completed minimum 5 years of contributing to NPS.

Best wishes;

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.

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