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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Nov 26, 2021

Mutual Fund Expert... more
Sonal Question by Sonal on Nov 26, 2021Hindi
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I am 38 years old and very new to mutual funds with less knowledge about it.

Please suggest few mutual funds where I can invest a total Rs 6,000 per month in different schemes for 3-5 years.

Should I opt for online or offline mode as a beginner?

Will it benefit me for income tax?

Ans: Offline/Online has no impact on taxes. You can consider Axis ESG Equity Fund (Growth), Parag Parikh Flexi Cap Fund (Growth), SBI Magnum Global Fund (Growth) and DSP Quant Fund (Growth).

 

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  |10375 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 12, 2024

Asked by Anonymous - Jul 12, 2024Hindi
Money
Sir I am 21 years old and want to start investing in mutual funds. I have minimum budget that I have saved from allowance and want to invest it periodically for maximum possible returns in 10 years. Please advise in which funds should I invest and how much should I invest without fear of much loss.
Ans: Embarking on your investment journey at the age of 21 is a commendable decision. This early start will give you a significant advantage over time. Investing in mutual funds is a wise choice for your long-term financial goals. Let's dive into the details of how you can make the most of your investments with a professional and thorough approach.

Understanding Mutual Funds
Mutual funds pool money from various investors to invest in stocks, bonds, or other securities. Each investor owns units, which represent a portion of the holdings of the fund. Mutual funds are managed by professional fund managers who aim to generate maximum returns for the investors.

Benefits of Starting Early
Starting your investment journey early has numerous benefits. Here are a few key points to consider:

Compounding: The earlier you start, the more time your money has to grow. Compounding allows your investment returns to generate earnings, which are then reinvested to generate their own earnings.

Risk Mitigation: Investing over a longer period helps mitigate risks. Short-term market fluctuations are smoothed out over time, providing a more stable growth trajectory.

Financial Discipline: Regular investing cultivates financial discipline. It encourages saving a portion of your income consistently, leading to better financial habits.

Setting Your Investment Goals
Before diving into specific funds, it's crucial to set clear investment goals. These goals will guide your investment strategy and fund selection.

Long-term Wealth Creation: Your primary goal is likely to create substantial wealth over the next ten years. This requires a focus on equity-oriented mutual funds, which have the potential for higher returns.

Emergency Fund: Ensure you have an emergency fund in place. This should cover at least 3-6 months of living expenses. It provides a safety net and prevents you from dipping into your investments during emergencies.

Risk Tolerance: Assess your risk tolerance. At 21, you can afford to take higher risks since you have a longer investment horizon. However, it’s essential to invest within your comfort zone.

Types of Mutual Funds to Consider
Based on your goals and risk tolerance, here are a few types of mutual funds to consider:

Equity Mutual Funds
Equity mutual funds invest primarily in stocks and have the potential for high returns. They are suitable for long-term goals and can significantly benefit from the power of compounding.

Advantages:

High return potential
Ideal for long-term growth
Beneficial for young investors with a long investment horizon
Disadvantages:

Higher risk due to market volatility
Requires patience and a long-term perspective
Debt Mutual Funds
Debt mutual funds invest in fixed-income securities like bonds and government securities. They offer stable returns and are less volatile compared to equity funds.

Advantages:

Lower risk compared to equity funds
Provides steady and predictable returns
Good for diversification
Disadvantages:

Lower return potential compared to equity funds
Affected by interest rate changes
Balanced/Hybrid Funds
Balanced or hybrid funds invest in a mix of equities and debt. They aim to provide a balance of risk and return.

Advantages:

Diversified portfolio reduces risk
Suitable for moderate risk tolerance
Provides both growth and income
Disadvantages:

Returns may not be as high as pure equity funds
Still subject to market risks
Recommended Investment Strategy
Here’s a recommended strategy to get you started on your investment journey:

Systematic Investment Plan (SIP)
A Systematic Investment Plan (SIP) is an excellent way to invest in mutual funds. It allows you to invest a fixed amount regularly, say monthly, into your chosen mutual funds. This method has several benefits:

Rupee Cost Averaging: SIPs help in averaging the purchase cost of mutual fund units. When markets are low, you buy more units, and when markets are high, you buy fewer units. This reduces the impact of market volatility.

Disciplined Investing: SIPs instill financial discipline by encouraging regular investments. This habit helps in building a substantial corpus over time.

Affordable: You can start with a small amount, making it accessible even if you have a limited budget.

Diversification
Diversification is key to managing risk. Spread your investments across different types of mutual funds to create a balanced portfolio. This strategy helps in minimizing the impact of poor performance of any single fund.

Equity Funds: Allocate a significant portion of your investments in equity mutual funds for long-term growth.

Debt Funds: Invest a smaller portion in debt funds to provide stability and reduce overall portfolio risk.

Balanced Funds: Consider balanced funds to achieve a mix of growth and stability.

Selecting the Right Funds
When selecting mutual funds, consider the following factors:

Fund Performance
Look at the historical performance of the fund. While past performance is not indicative of future results, it provides insight into the fund manager’s ability to generate returns.

Consistency: Choose funds that have consistently performed well over different market cycles.

Benchmark Comparison: Compare the fund’s performance against its benchmark index. This will help you gauge its relative performance.

Fund Manager
The expertise and experience of the fund manager play a crucial role in the fund’s performance. Look for funds managed by experienced professionals with a good track record.

Expense Ratio
The expense ratio is the annual fee charged by the fund for managing your investment. Lower expense ratios mean more of your money is working for you. Compare the expense ratios of different funds before making a decision.

Fund Objectives
Ensure the fund’s objectives align with your investment goals. For example, if you aim for long-term capital appreciation, choose funds that focus on growth stocks.

Regular Review and Rebalancing
Investing is not a one-time activity. Regularly review your portfolio to ensure it remains aligned with your goals. Market conditions and personal circumstances can change, necessitating adjustments to your investment strategy.

Annual Review: Conduct an annual review of your portfolio. Assess the performance of each fund and make necessary adjustments.

Rebalancing: Rebalance your portfolio to maintain the desired asset allocation. This involves selling some investments and buying others to restore the original balance.

Risk Management
Managing risk is crucial for long-term investment success. Here are a few strategies to consider:

Diversification
As mentioned earlier, diversification helps in spreading risk across different assets. Avoid putting all your money into a single fund or asset class.

Emergency Fund
Maintain an emergency fund to cover unexpected expenses. This prevents you from liquidating your investments during market downturns.

Avoiding Herd Mentality
Invest based on your own research and financial goals. Avoid following market trends blindly. Make informed decisions rather than succumbing to peer pressure.

Seeking Professional Advice
While it’s essential to educate yourself about investments, seeking advice from a certified financial planner (CFP) can be beneficial. A CFP can help you create a personalized investment plan based on your financial goals, risk tolerance, and time horizon.

Expertise: CFPs have the knowledge and expertise to provide sound investment advice.

Personalized Plan: They can create a tailored investment strategy that aligns with your specific needs and goals.

Ongoing Support: CFPs offer ongoing support and guidance, helping you navigate market changes and adjust your plan as needed.

Common Pitfalls to Avoid
As you embark on your investment journey, be mindful of these common pitfalls:

Lack of Research
Investing without proper research can lead to poor decisions. Take the time to understand the funds you are investing in and their potential risks and returns.

Emotional Investing
Avoid making investment decisions based on emotions. Market fluctuations can trigger fear and greed, leading to impulsive actions. Stick to your investment plan and remain disciplined.

Over-diversification
While diversification is essential, over-diversification can dilute returns. Invest in a manageable number of funds to maintain focus and achieve optimal returns.

Ignoring Fees
Pay attention to the fees associated with mutual funds. High fees can eat into your returns over time. Opt for funds with reasonable expense ratios.

Final Insights
Starting your investment journey at 21 is a fantastic decision. With careful planning and a disciplined approach, you can build substantial wealth over the next ten years. Focus on equity mutual funds for long-term growth, diversify your portfolio to manage risk, and invest regularly through SIPs.

Seek guidance from a certified financial planner to create a personalized investment strategy. Regularly review and rebalance your portfolio to stay on track with your goals. Avoid common pitfalls and make informed decisions to maximize your returns.

Remember, investing is a marathon, not a sprint. Stay patient, stay disciplined, and let the power of compounding work in your favor. Happy investing!

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |10375 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Aug 01, 2024

Asked by Anonymous - Jul 21, 2024Hindi
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Money
Hello, i want to start investing in mutual funds for like 10-15 years time period. Can you suggest me which funds should i investment in and what should i do. I am planning to invest 1k per month because i don't have high salary and i have to pay home expenses. I will increase the amount by certain percentage every 10 months. Can you guide me in this. Thank you!!
Ans: Design a Proper Investment Plan
You intend to have a time horizon of 10-15 years of investment in mutual funds. You will start with a decent amount of Rs 1,000 per month. You will increase the amount every 10 months.

Selection of Correct Funds
Diversified Equity Fund:

Start your investment with a diversified equity fund.
These funds are invested in various sectors.
Balanced Fund:

Then, consider balanced funds.
Their investment is in equity and debt. A Mid-Cap and Small-Cap Funds
For better returns, add mid-cap and small-cap funds.
These funds invest in medium and small companies.
How to Increase Your SIP
Regular Increase:

Increase your SIP amount every 10 months.
Start with Rs 1,000 and gradually increase.
Percentage Increase:

Increase by a certain percentage each time.
This helps in building a substantial corpus.
Benefits of Long-Term Investment
Compounding Effect:

Longer investment periods yield better returns.
Compounding helps grow your money over time.
Market Fluctuations:

Long-term investments reduce market risk.
Short-term fluctuations have less impact.
Monitoring and Reviewing
Annual Review:

Review your portfolio annually.
Performance Adjustment:
Adjust based on performance
Stay Informed:
Stay informed about market trends
Read all financial news and reports
Other Tips
Emergency Fund:

Always maintain an emergency fund
Always keep 3-6 months expense in liquid form
Not Frequent Withdrawals:
Let it Grow
Avoid frequent withdrawals for maximum benefit
CFP
Always consult a CFP
They shall help you with personalised advice
Final Insights
You can start investing in mutual funds with as much as Rs 1,000 a month. Go for diversified equity, balanced, and mid-cap funds. Also, remember to increase the amount of money in the SIP from time to time along with changes in income. Be well-informed, but for all personalized guidance, do seek out a Certified Financial Planner.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |10375 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Sep 03, 2024

Asked by Anonymous - Sep 03, 2024Hindi
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Money
I am 59 yrs old, want to invest Rs 10 lakhs in mutual funds.Pls suggest me the specific funds where I can invest to have a regular monthly income of around 25k.l also had an initial investment of around 15 lakhs in Mutual funds.
Ans: At age 59, your goal is to invest Rs. 10 lakhs in mutual funds to generate a regular monthly income of Rs. 25,000. You also have an existing investment of Rs. 15 lakhs in mutual funds. The challenge is to create a strategy that balances income generation with capital preservation.


Recommending specific mutual fund schemes in an online forum is not advisable for several reasons:

Individual Needs Vary: Every investor has unique financial goals, risk tolerance, and time horizons. A scheme suitable for one person might not be appropriate for another. Providing a specific recommendation without understanding your complete financial situation can lead to unsuitable investment choices.

Dynamic Market Conditions: The performance of mutual funds can vary based on market conditions. What might be a top-performing scheme today might not perform as well in the future. Recommending specific schemes online doesn't consider future market changes.

Need for Personalised Advice: A Certified Financial Planner (CFP) can provide advice tailored to your situation. They will consider your existing investments, income needs, and risk tolerance before suggesting specific funds. This personalized approach is more effective than generic online advice.

Importance of Income-Generating Funds
For your objective, investing in mutual funds that focus on generating regular income is crucial. These funds usually distribute dividends or allow you to set up a Systematic Withdrawal Plan (SWP) to meet your income needs.

Why Actively Managed Funds Are Better
Investing in actively managed funds through a CFP is generally preferable over index funds or direct funds. Here’s why:

Outperformance Potential: Actively managed funds aim to outperform their benchmarks. Experienced fund managers make strategic decisions based on market conditions, which can lead to better returns.

Regular Monitoring: A CFP will regularly monitor your portfolio, ensuring it remains aligned with your financial goals. They can make adjustments based on your evolving needs or market changes.

Guidance on Complex Decisions: With actively managed funds, you receive ongoing guidance. Your CFP can help you navigate market volatility, tax implications, and income strategies, which is crucial as you approach retirement.

Suitable Mutual Fund Categories for Regular Income
Hybrid Funds: These funds invest in a mix of equity and debt. The equity portion offers growth potential, while the debt portion provides stability. Hybrid funds are ideal for generating regular income with moderate risk.

Monthly Income Plans (MIPs): MIPs focus on providing regular income through a combination of fixed income and equity investments. They aim for stable returns with lower risk exposure compared to pure equity funds.

Debt Funds with Systematic Withdrawal Plans (SWPs): Debt funds invest in fixed-income securities, offering lower risk and stable returns. An SWP allows you to withdraw a fixed amount regularly, turning your investment into a source of income. This is often more tax-efficient than traditional fixed deposits.

Considerations for Your Investment Strategy
Review Your Existing Portfolio: Assess your current Rs. 15 lakh mutual fund investment. Ensure it aligns with your income goals. If necessary, consider reallocating to more income-focused funds.

Systematic Withdrawal Plan (SWP): An SWP can be set up to withdraw Rs. 25,000 per month, providing a steady income while allowing the remaining investment to grow.

Risk Management: As you approach retirement, protecting your capital is essential. Focus on funds that offer stability and moderate growth rather than high-risk options like small-cap or sectoral funds.

Tax Efficiency: Income generated from mutual funds, especially through SWP, can be tax-efficient. Long-term capital gains from equity-oriented funds and interest from debt funds are generally taxed at lower rates.

Final Insights
Investing Rs. 10 lakhs to generate a regular monthly income of Rs. 25,000 requires careful planning. While recommending specific mutual fund schemes is not suitable in an online forum, focusing on the right categories—such as hybrid funds, MIPs, and debt funds with SWP—can help achieve your goals. Reviewing your existing Rs. 15 lakh investment and possibly reallocating to more income-focused funds is also crucial.

Consulting with a Certified Financial Planner (CFP) will ensure that your investment strategy is tailored to your specific needs, taking into account your risk tolerance, income requirements, and market conditions.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

www.holisticinvestment.in

..Read more

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Shalini

Shalini Singh  |171 Answers  |Ask -

Dating Coach - Answered on Sep 02, 2025

Asked by Anonymous - Sep 02, 2025Hindi
Relationship
Hi, I am 32M. I never had any relationships in the past...One sided was there but I overcame it and focused on my work. One day in gym i came across a girl 23F, we connected on insta and started chatting. Eventually we fell in love, I know this doesn’t sound good due to the age gap. We dated, had good times and emotionally connected with each other a lot. Now while discussing something, she revealed that she is not a virgin. There was a guy in her society she met around 3 years back (when she was 19) and she was in one sided love with him. They never confessed their love to each other. And she is not in touch with him anymore it was long back. Also she said she had made out with another guy whom she met 1 month back during her classes, prior to meeting me. I was really hurt to listen all these. Like how all these things she is doing at this age. I accepted her and then we had good 2 months again. After 2 months, I got to know she was following the first guy on insta. When confronted she said she used to like to see him and his girlfriend together. She was really not in touch with the guy but she was just following him. It was hurtful to me. We had a big fight on this. They used to share intimate pics with each other too. After forcing her to tell everything about her past, she told that she used to flirt with lot of boys. First in junior college with best friend she shared intimate pics, then met with the guy she lost virginity with, then she met another friend she shared pics with. Then in last year, in classes she shared pics with friend, then again with someone and then she had a crush on some guy with whom she made out. She was connected with them on insta. Like no talks but she was following them and they followed her too. There were almost 6-7 guys she used to talk as friend and has shared intimate pics and she called it flirting. I was shocked to hear all these. I am still shocked. This is out of my mind. It is very difficult to accept that few boys have intimate pics of my girlfriend. She has been very very loyal to me since we are together. She never got this kind of love in her life. She is really super happy in this relationship. We are emotionally connected a lot. I have treated her like a child and I love her a lot. She comes from a good family. She says she has been in wrong circle and all her friends are like this only. She cried a lot and she regrets it deeply like what she has done and she wants to get out of all these. But if feel, a persons character never changes. There will be so cold moments in relationships In future, will she be able to manage herself and stay honest. I really doubt a lot. She is really good at heart like a family girl but her past is really really terrible I feel. I feel, even though I love her will I be able to accept her past. Do I deserve this ? Do my family deserve this ? But again I think of risking it all because she is really invested in this relationship and I feel very bad to break her heart. I come from a very traditional background and believe in sacred and pure form of love. But I feel I got trapped in something which I can’t leave and can’t have whole heartedly. I am not able to focus on my work and everything. It’s hurting me a lot. Should I accept her ac she is or moving on will be better for both of us, even though it might break her heart.
Ans: Why are you thinking about the past, doing so you are messing up your now.
If you trust the person then do so 100% - let it not be half-baked.
Wishing you the best.

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Nayagam P

Nayagam P P  |10720 Answers  |Ask -

Career Counsellor - Answered on Sep 02, 2025

Career
Hello sir.... I wanted to pursue ba/bsc psychology from a rci approved college but I don't have any clearity that what should be right. Since I have passed 12th in this year only I have given my cuet but my marks where not that good to get into any college I have filled the form of Calcutta University where I can get addmission through my 12th marks that is 72% overall but I didn't get into any as I'm from general category and cut offs are high.. mop up rounds are still yet to happen. But I talked there.. there are barely some colleges which are serious about teaching psychology and I don't think I can get into some good college that's why I'm thinking to take a drop I don't want to still and abhi bhi looking for some colleges which maybe have seat vacant so that I can try to get into that.. i don't have any clarity regarding which is good govt college because I can't afford private colleges whose fees is that high for pursuing psycology if I'm taking a gap year
Ans: Ayushi, With 72% in Class XII, you meet eligibility for most RCI-approved undergraduate psychology programs, which typically require 50–55% in PCM/Science or Humanities and English proficiency. The Rehabilitation Council of India (RCI) mandates that psychology graduates from approved institutions can register as professionals, so ensure the college holds RCI recognition or operates under a parent university with RCI-approved syllabi.

In West Bengal, government options are limited. The closely watched University of Calcutta offers a three-year BA Psychology through its morning shift at Ashutosh College and evening shift at Surendranath College with cutoffs often around 80% in general category. Vacancy rounds sometimes dip to 70–72%, so mop-up rounds could open seats. Rabindra Bharati University provides BA Psychology via merit; its cutoff hovers near 75%. Vidyasagar University in Midnapore and North Bengal University at Jalpaiguri offer BSc Psychology with lower cutoffs (65–70%), making them accessible.

Government colleges in Northern India include University of Delhi’s Cluster Innovation Centre and Gargi College, both offering BA Psychology admissions purely on Class XII marks. Their cutoffs range from 85–90%, so direct admission is unlikely at 72%, though invitation to waitlists in niche sections (e.g., evening courses) can occur. Banaras Hindu University’s BSc Psychology has a 70–75% cutoff in mop-up rounds. Panjab University (Chandigarh) and Punjab University (Patiala) allow 65–70% entries in BSc Psychology programs. University of Lucknow and Aligarh Muslim University also admit on board marks, often requiring 70–75%.

Affordable private institutions in West Bengal with RCI-approved curricula include St. Xavier’s College, Kolkata, which conducts its own merit list and lowers cutoffs to 72% in later rounds. Presidency University also admits psychology undergraduates through its merit list. In North India, Christ University (Bengaluru campus) and Amity University offer scholarships to board-mark entrants drops seats for those without CUET scores, but fees remain higher. DAV College, Chandigarh, and Maitreyi College, Delhi, provide BA Psychology at moderate fees (?30,000–40,000 per year) based on 12th marks.

Practical Roadmap and Solutions
Track Mop-Up Rounds and Merit Lists: Immediately monitor UC, Rabindra Bharati, Presidency, and St. Xavier’s websites daily for vacancies. Prepare scanned documents for swift online submission.

Apply to Multiple Institutes: Simultaneously apply to Vidyasagar University, North Bengal University, BHU, Panjab University, and Lucknow University in their ongoing merit-based admission windows. Their lower cutoffs increase chances.

Secure Waiting-List Positions: For high-demand colleges like Calcutta University and Delhi University, join all available waitlists, including evening programmes, which often have softer cutoffs.

Explore Evening/Shift Courses: Many reputed institutions offer evening or self-financed sections with relaxed cutoffs. Investigate Ashutosh College evening shift, DU evening courses, and PU self-financed sections.

Financial Planning for Private Colleges: Shortlist affordable options Inquire about scholarships or fee-installment plans at DAV College Chandigarh and Maitreyi College to help mitigate costs.

Bridge Courses and Summer Programs: As you finalize admissions, consider enrolling in online certificate courses in introductory psychology, research methods, and statistics from platforms like NPTEL or Coursera to enhance your portfolio.

Consider Gap-Year Strategy: If no suitable seat materializes by mid-October, plan a structured gap year focused on significantly improving CUET scores. Engage in disciplined self-study with coaching for CUET’s aptitude, English, and psychology modules.

CUET Preparation: Develop a timetable allocating two hours daily for CUET Psychology syllabus (foundations, developmental, abnormal, social, and research methods) and one hour for General English and Logical Reasoning. Use previous years’ CUET papers and take weekly mocks to track progress.

Alternate Entrance Exams: Some private universities conduct their own entrance tests (Christ University’s CUCET, Amity’s AUEET). Register for these supplementary exams to widen your admission avenues.

Mentorship and Counseling: Seek guidance from academic mentors or a career counselor to evaluate admission offers, financial implications, and long-term career trajectories in clinical, counseling, or research psychology.

By following this multipronged approach—pursuing merit-based vacancies, evening/self-financed programs, affordable private colleges, and preparing for CUET retake if required—you can maximize your chances of enrolling in an RCI-approved psychology UG programme without forfeiting a year.

Exhaust mop-up and merit-based admission options in government and reputed private colleges by mid-October, while preparing a robust CUET retake plan during a potential gap year to secure admission into top-tier psychology programs. All the BEST for a Prosperous Future!

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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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