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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Aug 03, 2022

Mutual Fund Expert... more
Sanjib Question by Sanjib on Aug 03, 2022Hindi
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I am 40 years old. I want to build a corpus of 10 crore over a period of next 10 years. I can invest Rs 150,000 every month. Could you please suggest some SIP which should I opt for? Also at this moment I want to opt for High Risk High Return SIP in order to achieve my goal.

Ans: Please go with:

  • HDFC Index Fund - Sensex Plan - Regular Plan - Growth
  • Samco Flexi Cap Fund - Regular Plan - Growth
  • UTI MNC Fund - Growth Plan
  • Parag Parikh Flexi Cap Fund- Regular Plan Growth

Rs 1,50,000 per month can create a corpus of Rs. 4 crs in 10 years.    

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  |7172 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Aug 02, 2024

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I want a corpus of 5 Crores in next 12-15 years and currently I am investing money which is thousands in SIP in best 50 Nifty Fifty index SIP. Please help and suggest better option as well.
Ans: Now, building a corpus of Rs. 5 Crores in 12-15 years is a pretty aggressive but achievable target. You are already investing in a Nifty Fifty index SIP, so that's good. There are, however, better options that will enable you to realize your goal more effectively. Let's go into details.

Diversify Your Portfolio
Active Mutual Funds
Most actively managed funds can easily outperform index funds. There, the fund manager makes active decisions to optimize returns. This might result in better performance against a passive Nifty Fifty index SIP.

Balanced Funds
Balanced funds are those investing in both equity and debt that offer stability with potential growth. This helps to manage risk during the volatility of the market.

Sectoral/Thematic Funds
Indeed, sector-specific investments can bring in high returns. Technology, Healthcare, or Banking sectors normally do very well. But, they carry higher risk. Keep only a small portion of your portfolio in these funds.

Regular Funds Over Direct Funds
Advantages of Regular Funds
The regular funds have professional advice to back them. A CFP will channelize your investments. They will help in optimizing your portfolio as per the prevailing market conditions.

Disadvantages of Direct Funds
Direct funds want you to make all the decisions. This can be difficult in the absence of expert knowledge. Regular funds, through a CFP, are more likely to deliver better long-term results.

Systematic Investment Plan (SIP)
Continue SIPs
A systematic investment plan is a disciplined way of investing. Continue with your SIPs but diversify across various funds.

Increase SIP Amount Gradually
Increase your SIP amount as your income rises. This will help in accumulating the desired corpus faster.

Equity Investments
Large-Cap Equity Funds
Large-cap funds invest in established companies that provide stable returns with lower risk. A part of your portfolio should be devoted to these funds.

Mid-Cap and Small-Cap Equity Funds
These funds have a chance of giving higher returns. But they also carry higher risk. A smaller portion should be invested in mid-cap and small-cap funds.

Debt Investments
Debt Mutual Funds
Debt funds can bring stability to your portfolio. They are less volatile than equity funds. Invest some in debt funds for risk management.

PPF - Public Provident Fund
It is one of the safe investment options with tax benefits and stable returns in the long run.

Tax Planning
ELSS - Equity-Linked Savings Scheme
The funds under ELSS offer tax benefits under Section 80C, and on the other hand, provide good returns. Add ELSS to your portfolio for taxes out of your pocket along with growth.

NPS National Pension System
The system provides tax benefits and helps in retirement planning. It's a low-cost investment option with decent returns.

Risk Management
Life Insurance
Ensure that you are adequately covered by life insurance. It ensures that your family is financially protected against any eventuality.

Health Insurance
Have a good health insurance policy. This will ensure that medical emergencies do not drain your finances.

Review of Portfolio
Annual Review with CFP
Have an annual review with your CFP wherein you realign your investments according to the market performance and your goals.

Rebalance Your Portfolio
Rebalance your portfolio from time to time to retain the asset allocation. This helps to optimize the return and risk.

Education and Knowledge
Be Informed
Keep up-to-date with market trends and Investment options. This helps to make informed decisions.

Take Professional Advice
Consult a CFP at regular intervals for professional advice. This ensures that your investments are on the right track.

Finally
Crossing the figure of Rs. 5 Crores in a span of 12-15 years is definitely within your reach with a diversified and strategic investment approach. Help from a professional coupled with regular investments will see you through this. Just keep reviewing and adjusting your portfolio in tune with your financial objectives.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Latest Questions
Anu

Anu Krishna  |1336 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Nov 29, 2024

Asked by Anonymous - Nov 23, 2024Hindi
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Relationship
i got married late in life being a girl which was 30 years old, after i got married my so called husband started harassing me verbally and then in just three months i stayed with him he strangled me 3 times and hit me 2 times, and says sorry everytime and then repeat again according to people this is not even a thing as these things happens between married people, i was a working housewife there as i work from home being a software engineer but still this person and his mom had a lot of issues with me, And just to be in this marriage i did everything to made it work. His efforts which he say he put were he took me to honeymoon(in which he fought with me for day saying why did your brother didn't ask me which car did i will prefer) Basically this man thinks i didn't put much efforts for him in marriage that's arrange like buying things for him and according to his level ( the most irritating word for me he uses for himself, mere level ki watch nhi h, mere level k kpde nhi h, mere level ka hall nhi h). Even after marriage for 2 months he and his mom keeps on saying such things but i tried to ignore them. But how can i do that when at night my husband after my office hours end at 10'o clock starts fighting with me and keep that's up till 12. He don't even care if i eat or not but wants me to feed him with my own hands because according to him being a husband he deserves this kind of love and care from me. And says that you don't know how the world outside is he need to work with people and you just work online so that's not even work( i earn almost same as him). I did every thing washing his undergarments till placing his clothes in almirah. Providing him variety of foods, and make him enjoy a lot of sex which was the only kind of intimacy i had with this person. Even when he fought with me still he forcefully had sex because acc to him its his right and the only way to solve his fights or ruckus he has caused. So after observing his behaviour i am asking him divorce since then but he is not ready to provide me. Legally it will be a very long time, though i have started that too. i am 32 now and case will going to take many years and later even now no one will marry me at this age because i am divorcee & Also 32. What should i do?
Ans: Dear Anonymous,
You are doing what you should do for yourself. Move away from this very toxic person and the marriage. Yes, he may contest and this can be a long drawn affair, be prepared for that.
Consult with a good lawyer who will basically be able to contest it very ably from your side and make sure that it ends fair and square.
There is no need to think of yet another marriage right now as I suggest that you give yourself some time to breathe and move out of this one. Feel your freedom, physically, emotionally and financially and heal from this one. There will be a point in time when you might feel the need for a companion...

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

...Read more

Anu

Anu Krishna  |1336 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Nov 29, 2024

Asked by Anonymous - Nov 23, 2024Hindi
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Relationship
I am in a complicated situation. I asked out a guy who I found potentially charming and he pertained to be coming from a wealthy family. He said yes and we started dating a month back. But as per Diwali we both went home and started talking over video calls. I came to know through them that he basically belongs to a village and does not comes from a well to do family, moreover I was traumatised to see his home which was extremely outdated and also had a room which had a tin roof .. and he used to call from that room itself. It’s extremely hurtful to end this with him because otherwise he is an amazing guy .. and we get along really well. I am not even concerned of family and interstate thing as I know they will get convinced but I am myself not ready to compromise.. and I am confused wether I love him that much or not. I myself belong to a good educated family and have been pampered a lot. I do not know how to end things with him. As I don’t think I would be able to live in that village or compromise. Please help
Ans: Dear Anonymous,
Hey, hey...you just asked him out and you have already started to imagine a life with him?
Relax! Enjoy the dating scene a bit; also know that he was possibly afraid of this reactions of yours and had to hide his background. It's his truth; what can anyone do about it, yeah?

So, take a moment and realize that it's just been a few weeks now...give it some time to get to a place where you all these things start to matter. But, of course if social status, financial background are on top of your list, then end this right away to spare the two of you of any more agony. Better now than later...

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

...Read more

Nayagam P

Nayagam P P  |3942 Answers  |Ask -

Career Counsellor - Answered on Nov 28, 2024

Asked by Anonymous - Nov 21, 2024Hindi
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Career
I am currently in 1 year CSE at NIT Warangal, please suggest me some additional courses with which I can improve my skills and get a good placement
Ans: As an initial step, please conduct research on the companies that have visited NIT-W for campus recruitment over the past 2-3 years. Review the websites of each company to familiarize yourself with the products and services they offer.
From this information, you will be able to discern the skills anticipated by each organization. Please document all necessary skills. Identify the skills that are commonly sought after by recruiters and companies. The senior students and faculty members of your institute in their fourth year will be available to assist you with this matter.
Upon reviewing the skills identified and those recommended by your Senior Students and Faculty, you will be positioned to finalize the Certifications you intend to pursue. Below are some recommended certification courses you may consider pursuing, contingent upon feedback from your senior students and faculty in the CSE Department: Programming Foundations, Data Structures and Algorithms (DSA), Web Development, App Development, Competitive Programming, Machine Learning and AI, Cybersecurity, Cloud Computing, and Blockchain. Acquire proficiency in programming languages such as C, C++, Python, and Java. Engage in practice through platforms like freeCodeCamp, HackRank, and CodeChef. Explore Python libraries including NumPy, Pandas, and TensorFlow, as well as delve into ethical hacking, network security, AWS, Microsoft Azure, and Google Cloud. All the BEST for Your Prosperous Future.

Follow RediffGURUS to Know More on ‘Jobs | Education | Careers’.

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Nayagam P

Nayagam P P  |3942 Answers  |Ask -

Career Counsellor - Answered on Nov 28, 2024

Asked by Anonymous - Sep 26, 2024Hindi
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Career
Hi sir, I am worked 5 years in company and resigned, company given me FnF and not giving me 2 Months incentive they saying company will not give incentive left employees and they also not giving fnf break up, please help me what should I do now
Ans: If your employer declines to offer you incentives and a comprehensive Full and Final settlement breakdown, there are various steps you can consider taking. Begin by examining your employment documents, such as the letter of appointment, HR regulations, and any relevant communications. If you do not receive a satisfactory response, consider sending a formal email or letter to management or HR, outlining your reasons for declining the reward. If HR fails to respond, consider escalating the issue to higher management, such as the department head, CFO, or CEO. These approaches enhance the chances of resolving the issue in a friendly manner. Based on my experience in HR, I recommend that you AVOID approaching the Labour Department or Labour Court solely for your 2 months' incentives. It is advisable to proceed and explore other job opportunities after obtaining the Experience Certificate from your previous employer. If you adhere to the legal avenues, it may only create a negative perception of you, even if you are not at fault. Many companies, after hiring candidates, perform background checks with their previous employers, which could result in complications if you decide to approach the Labour Court. All the BEST for Your Prosperous Future. Follow RediffGURUS to Know More on ‘Jobs | Education | Careers’.

...Read more

Anu

Anu Krishna  |1336 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Nov 28, 2024

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Relationship
Dear Mam I am a fifty year old man with a loving family. I was employed in a company which I left earlier. During COVID I was little stressed in another company on my job and I rejoined my earlier company. One of my female colleague who was in the earlier organisation during my first innings helped me to join the organisation and in my second innings we are the only two in the department. Naturally there are lots of conversations, communications, interactions related to work. She is around nine years younger than me and is unmarried. We used to share lots of moments in office like common topics, health, my family, friends, her parents, friends etc...apart from work. Gradually I started developing feelings for her. I have a notion that she also developed the same. There has neither been any physical intimacy nor joint outings outside office. But as you know both of us started to realise that I cannot sail in two boats at the same time and also she. We both share a very professional relation amongst us in the Office with boundaries and caution and rarely interact on issues other than office work. We still are the two in our department. Somehow I cannot delete the feelings for her from my mind and its more difficult as we are the only persons in our department and in constant touch for work But yes, I will never be able to leave my family. Please advise. Thanks and Regards,
Ans: Dear Rupannita,
You can't keep one leg at home and another in another place and expect both to work the way that you want.
You are attached to the family and that's the place you are going to feel happy as well. So, all these feelings for the other person; do evaluate what it's going to do to your peace of mind.
Feelings cannot be deleted as you said BUT whether you want to act on those feelings is a choice that you must make. See where your life moves hanging onto a parallel life!

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

...Read more

Dr Dipankar

Dr Dipankar Dutta  |709 Answers  |Ask -

Tech Careers and Skill Development Expert - Answered on Nov 28, 2024

Asked by Anonymous - Nov 27, 2024Hindi
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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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