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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Nov 04, 2022

Mutual Fund Expert... more
Md Question by Md on Nov 04, 2022Hindi
Money

38y, I am investing in following SIPs for the past two years and would like to have 3 Crore corpus for my retirement. I have initiated quite a few SIPs which I want to close and invest in limited as per your guidance. Kindly guide me the best funds for my requirement, thanks.

SIPs Current Value Per month investment
Aditya Birla Sun Life Digital India Fund - G 30000 2000
AXIS MID CAP FUND - REGULAR - G 16000 2000
Axis Midcap Fund - Growth 8000 1000
BOI AXA MANUFACTURING & INFRASTRUCTURE FUND - DIRECT PLAN - G 32000 2000
DSP NATURAL RESOURCES AND NEW ENERGY FUND - REDULAR - G 9000 1000
ICICI PRUDENTIAL TECHNOLOGY FUND - DIRECT - G 30000 2000
INVESCO INDIA INFRASTRUCTURE FUND - DIRECT - G 20000 2000
KOTAK EMERGING EQUITY FUND - DIRECT - G 20000 2000
KOTAK SMALL CAP FUND - G 15000 1000
Mirae Asset Emerging Bluechip Fund - Growth 8000 1000
MIRAE ASSET HEALTHCARE FUND - REGULAR - G 18000 2000
PGIM INDIA MIDCAP OPPORTUNITIES FUND - G 52000 3000
QUANT SMALLCAP FUND - REGULAR - G 8000 2000
TATA DIGITAL INDIA FUND REGULAR - G 30000 2000
TATA ETHICAL FUND REGULAR PLAN - G 29000 2000
TATA RESOURCES & ENERGY FUND REGULAR PLAN - G 22000 1000
TAURUS ETHICAL FUND REGULAR - G 22000 1000
UTI MID CAP FUND - DIRECT - G 11000 1000

TOTAL MONTHLY INVESTMENT I AM DOING IS Rs30000. PLS GUIDE.

Ans: Rs. 30000 monthly invest will create a corpus of Rs. 3.9 crs in 20 years

Continue with 8, 9, 10, 12, 13 and 14

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  |7332 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 29, 2024

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Following are monthly SIP’s ongoing for 16 months now. Trying to build a corpus of 2-3 Cr in next 3-4 yrs and set up a SWP of atleast 75k per month from year 5. Any suggestions or recommendations are appreciated. 1. Quant Small Cap Fund Growth Direct Plan - 25000 2. Adita Birlya Sun Life ELSS Cap Wdrl - 10000 3. ICICI Pru Technology Fund Direct Plan Growth - 15000 4. Navi NASDAQ 100 Fund of Fund Growth - 7500 5. Aditya Birla Sun Life Corporate Bond Fund Direct Plan Growth - 7500 6. Nippon Gold India Gold Savings Fund Direct Plan Growth - 5000 7. 360 ONE Focused Equite Fund - 20000 8. Axis Growth Oppurtunities Fund Regular - 20000 9. ICICI Pru Commodities Fund Regular - 20000 10. UTI Flexi Cap Fund Regular - 20000 11. Nippon India Quant Retail - 20000 12. Quant BFSI Direct Payout (NFO) - 10000 13. Canara Robeco Small Cap Fund Growth - 10000
Ans: Assessment of Monthly SIP Portfolio for Wealth Accumulation and SWP Planning:

Analyzing Your Investment Strategy:

Your approach towards building a substantial corpus of Rs. 2-3 Crores within the next 3-4 years is ambitious yet achievable with a disciplined investment strategy.
The selection of mutual funds across various categories reflects a diversified approach aimed at optimizing returns while managing risk.
Evaluation of Mutual Fund Selections:

Equity-oriented funds like small-cap, ELSS, and technology funds have the potential to deliver high growth over the long term but come with higher volatility.
Fixed income options such as corporate bond funds and gold savings funds provide stability to the portfolio and serve as a hedge against market fluctuations.
Funds focused on specific sectors like technology and commodities offer the opportunity to capitalize on sectoral trends but may exhibit higher concentration risk.
Risk Management and Asset Allocation:

Diversification across asset classes is essential to mitigate risk and achieve stable returns over the investment horizon.
As you aim to set up a Systematic Withdrawal Plan (SWP) of at least Rs. 75,000 per month from year 5, it's crucial to ensure that your portfolio is well-balanced and aligned with your income requirements.
Consider reviewing your asset allocation periodically and rebalancing your portfolio to maintain the desired risk-return profile.
Setting Realistic Expectations:

While your goal of generating Rs. 75,000 per month through SWP from a corpus of Rs. 2-3 Crores is attainable, it's essential to set realistic return expectations based on market conditions and historical performance.
Equity-oriented funds may offer higher returns but come with higher volatility, while fixed income options provide stability but typically offer lower returns.
Consult with a Certified Financial Planner to develop a customized financial plan tailored to your specific goals, risk tolerance, and investment horizon.
Recommendations:

Continue your monthly SIP investments but consider reviewing your portfolio to ensure alignment with your long-term financial objectives.
Given your goal of setting up a SWP, focus on building a well-diversified portfolio with a mix of equity and fixed income funds to balance growth potential with stability.
Regularly monitor the performance of your investments and make adjustments as needed to stay on track towards achieving your financial goals.
In conclusion, by maintaining a disciplined investment approach and ensuring proper diversification, you can work towards building a substantial corpus and setting up a reliable income stream through SWP in the future.

Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

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Ramalingam Kalirajan  |7332 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 15, 2024

Asked by Anonymous - Apr 14, 2024Hindi
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Hi Sir Sangayya hear from Karnataka my age is 43 from last 3 years I started my SIP details r as below 1 ELSS - 5 sips each 1k 2. Large & mid cap fund - 3 sips 1k each 3. Thematic fund - Franklin India opp - 5k 4. Multi asset allocator - Tata 5k 5.Flexi cap fund - 2 Sips 1k each 6. Dynamic Asset - Edelweiss balanced Adv fund 1k 7. Small cap - Nippon India 1k Total monthly 22k is my investment kindly suggest I want to build my corpus 1cr in another 10 year
Ans: You've made a good start with your SIP investments across various categories. To achieve a corpus of 1 crore in 10 years, you'll need an average annual return of around 12%, considering your current investment of 22k per month.

Here are some suggestions to optimize your portfolio:

ELSS: Great for tax-saving, but remember the lock-in period. Ensure you're comfortable with the fund's performance and risk profile.

Large & Mid-cap: These funds offer a balanced approach. Monitor the performance and consider consolidating into a top-performing fund if necessary.

Thematic Fund: These are more focused and can be riskier. Ensure it aligns with your investment goals and risk tolerance.

Multi-Asset Allocator: Offers diversification across asset classes. A good choice for balanced growth. Ensure the fund's strategy aligns with your goals.

Flexi Cap & Dynamic Asset Allocation: These provide flexibility to invest across market caps and adjust to market conditions. Ensure they complement each other and don't overlap too much.

Small Cap: High growth potential but higher risk. Ensure it fits your risk profile and consider monitoring closely due to higher volatility.

General Recommendations:

Review & Rebalance: Regularly review your portfolio's performance and adjust if necessary. Consider shifting funds to top performers or reallocating based on market conditions.

Risk Assessment: Ensure your portfolio aligns with your risk tolerance and investment horizon.

Costs: Opt for direct plans to reduce costs and improve returns.

Diversification: Ensure your portfolio is well-diversified across asset classes and not overly concentrated in one sector or fund.

Professional Advice: Consider consulting a financial advisor for personalized guidance based on your financial goals and risk profile.

In summary, continue your disciplined approach with SIPs, regularly review and adjust your portfolio, and stay invested for the long term to achieve your goal of 1 crore in 10 years.

..Read more

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Anu Krishna  |1410 Answers  |Ask -

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Asked by Anonymous - Dec 19, 2024
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I have a question that I’ve been too embarrassed to ask anyone, but I feel like it’s time to get some clarity. I’m a woman in my early 30s, in a stable relationship, but recently, I’ve been noticing something that’s throwing me off track. I’ve been having a lot of intense sexual thoughts that I can’t seem to shake off. It's not just about attraction to my partner; these thoughts are more spontaneous and often come at the most random moments. They feel almost uncontrollable, and it’s starting to affect how I see myself. I feel like I’m living in two worlds – one where I’m a responsible adult, and the other where these lustful feelings seem to take over, and it’s hard to focus on anything else. I’ve tried suppressing them, distracting myself, but it feels like they come back stronger, almost like my mind has a mind of its own! It’s frustrating, and honestly, I’m not sure if I should feel guilty or empowered by these urges. How do I handle this without feeling like I’m losing control? Any tips on how to balance my desires with my everyday life?
Ans: Dear Anonymous,
Lust and behaviors that arise from it are just one aspect of your life not the only thing. When you get consumed with it in a way that it starts to impact your daily living, then hey, you have to do something really heavy to make a change.
Now, what can that be? A new skill, a hobby...these kind of challenges keep the mind in a learning mode and channelizes your energies into another thing as well.
But of course, do make sure that you and your partner are also having your share of intimacy. This along with learning something new can ideally do the magic. Also, put on those gym shoes, running shoes or anything that gets you enough physical activity. See where all this goes...
On, and guilt, is quite a wasteful job in your case...so drop it and focus on newer things that keep you on your toes.

All the best!
Anu Krishna
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Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

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Hi Anu, I need some advice that’s a bit out of the ordinary. I’ve been married for 8 years, and my wife and I have recently been discussing investing in property together. The twist is, we have very different ideas on what to do with it. I’ve always been more of a numbers person—thinking about it as a solid financial investment. I want to buy something that will increase in value over time and add to our financial security. On the other hand, my wife sees it more as a home. She’s emotionally attached to the idea of a cozy, dream house, somewhere we can raise our family and enjoy life together. So, we’ve been butting heads a bit, as I’m leaning more towards an investment property in a growing area, while she’s looking for something more in line with what we want to live in now. It’s getting a little tense between us because I feel like she’s not seeing the financial side of things, and she thinks I’m too focused on money and not on our happiness. Is there a middle ground where we can both be happy?
Ans: Dear Anonymous,
Well, it's dream v/s practicality, yeah?
When you get to a stalemate situation like the one you and your wife are in, the best way is to go back to the Square A.
Start where you began when you married...list down what's important to each of you and somewhere in your case, it will lead not just to her wants and yours, but it will go back to money and financial prudence. When you hit this, come to an understanding as to how you will overcome this; it has to be mutually agreed upon. Then bring your current home buying issue and solve it just like the way you sorted your differences over finances. Try it...it will work...

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Ramalingam

Ramalingam Kalirajan  |7332 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Dec 25, 2024

Asked by Anonymous - Dec 24, 2024Hindi
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I am 47 yr old IT Professional. I have diversified my porfolio across MF - 60L , Direct Equity - 15 L, Gold (SGB - 20L, Physical - 50L) , Real Estate - 2 CR(Flat), Independent home (2.5CR) which fetching 30K Monthly Rental. EPF - 90L, NPS - 20 L, FD - 90L, Sukanya Samridhi for 2 Daughters - 14L Each till date. I am contributing upto 1.5 L monthly into NPS, Equity MF. My MF is diversified into Flexi, mid and small cap fund (Total 8 Funds in portfolio). I am looking to build retirement corpus of 8 Cr based on my current monthly expenses.
Ans: You have a well-diversified portfolio. It includes real estate, mutual funds, equity, gold, EPF, NPS, and FDs. This balance reflects thoughtful planning.

Your rental income of Rs. 30,000 adds stability. Contributions to Sukanya Samriddhi Yojana secure your daughters’ futures.

Your focus on NPS and diversified mutual funds is commendable. These build long-term wealth efficiently.

You aim for Rs. 8 crore as a retirement corpus. With careful adjustments, this is achievable.

Key Areas to Strengthen
1. Portfolio Consolidation

Your portfolio has eight mutual funds. This may lead to overlap and inefficiency.

Review these funds with a Certified Financial Planner. Ensure no duplication across asset categories.

Consider consolidating into 3–5 actively managed funds. This maintains diversification while improving focus.

2. Asset Allocation

Your portfolio is heavy in real estate and gold. These are illiquid investments.

Aim to rebalance toward financial assets like equity mutual funds. These provide liquidity and growth potential.

A Certified Financial Planner can assist in optimal asset reallocation.

3. Emergency Fund

Ensure liquid funds for 6–12 months of expenses.

This fund should not overlap with FDs or long-term investments.

Maintain this emergency fund in a liquid fund or savings account.

4. Mutual Fund Taxation

When selling mutual funds, consider capital gains tax:

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

Short-term gains are taxed at 20%.

Debt mutual funds are taxed as per your income slab.

Plan withdrawals with this tax implication in mind.

Actionable Strategies
1. Increase Equity Exposure

Your diversified mutual funds are strong.

Consider increasing equity mutual fund SIPs for long-term wealth.

Focus on flexi-cap, large-cap, and mid-cap funds for balanced growth.

Small-cap funds are volatile; limit exposure to 10–15%.

2. Optimise NPS Contributions

NPS is excellent for retirement. Its tax benefits under Sections 80C and 80CCD are helpful.

Invest up to Rs. 50,000 annually for additional tax savings.

However, review NPS as it locks in funds till retirement. Maintain flexibility elsewhere.

3. Rationalise FD Holdings

FDs are safe but offer low post-tax returns.

Shift a portion to debt funds for better returns and tax efficiency.

Debt funds balance portfolio risk without sacrificing liquidity.

4. Review Sukanya Samriddhi Yojana

Your contributions here are thoughtful. They offer assured returns for your daughters’ education.

Continue until the full maturity period. This ensures maximum benefit.

Retirement Planning
1. Expense Mapping

List all post-retirement expenses. Account for inflation at 6–7% annually.

Break these into essentials (medical, household) and discretionary (travel, hobbies).

Use this as a guide to calculate your future income requirement.

2. Corpus Building

Your current investments, including EPF and NPS, are solid.

Increase your mutual fund SIPs marginally to stay on track for Rs. 8 crore.

Continue Rs. 1.5 lakh monthly contributions strategically across financial instruments.

3. Health Coverage

Health insurance is critical post-retirement.

Review coverage for yourself and family. Ensure at least Rs. 50 lakh in coverage.

Consider adding a top-up plan for unforeseen medical costs.

Gold Portfolio Insights
Your gold portfolio is significant at Rs. 70 lakh.

SGBs are excellent for regular interest income and long-term growth.

However, physical gold is less efficient. Selling may involve lower liquidity and higher costs.

Convert a portion of physical gold into SGBs or financial assets.

Final Insights
You have made strong financial decisions so far.

Focus on reducing portfolio complexity and enhancing liquidity.

Rebalance your portfolio with a Certified Financial Planner. This ensures alignment with goals.

Stick to disciplined contributions toward NPS and mutual funds. This will help you reach Rs. 8 crore comfortably.

Ensure diversification without overextending into illiquid assets.

With this strategy, your retirement goals are well within reach.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

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

...Read more

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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