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Vivek

Vivek Lala  | Answer  |Ask -

Tax, MF Expert - Answered on Sep 23, 2023

Vivek Lala has been working as a tax planner since 2018. His expertise lies in making personalised tax budgets and tax forecasts for individuals. As a tax advisor, he takes pride in simplifying tax complications for his clients using simple, easy-to-understand language.
Lala cleared his chartered accountancy exam in 2018 and completed his articleship with Chaturvedi and Shah. ... more
Papai Question by Papai on Sep 22, 2023Hindi
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Money

I am 41, my sip portrolio is as below: 1. Icici pru bluechip: 1000/month sip 2.hdfc midcap opportunities: 100/bz day sip 3.sbi small cap: 4000/month sip 4.hdfc small cap: 65954 lumpsum 5.parag parik flexicap: 20000 lumpsum 6.sbi focused fund: 2500/month sip 7.hsbc value fund: 2500/montb sip 8.icici equity and debt: 1000/month sip 15% increment yearly 9. Icici technology fund: 1000/month sip 15 c/o yearly increment 2 balanced fund icici baf and hdfc baf 50000 rs lumpsum each Risk appetite: high, investment horizon; 20 years Goal: accumulate max amount 10 cr if possible.

Ans: Hello , as I can see your time horizon is 20 years so you can take some volatility in your portfolio.
You should go for the following allocations :
Small cap 30% , mid cap 30% , multi cap 15% , large and mid cap 15% , thematic funds ( consumption, tech, etc ) 10%
If you want to accumulate 10crs in 20yrs your sip amount has to be Rs.101000 at the rate of 12% xirr
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  |8231 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 26, 2024

Asked by Anonymous - Apr 26, 2024Hindi
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Hi i am 40 years old and working in private sector. Current investments in SIP's are UTI index and I Pru next 50 @ 1000/weekly, Nippon Small Cap @ 1500/Weekly also HDFC Mid cap opportunites @ 1000/weekly. I also have monthly SIP's in Canara Robeco Emerging Equities @ 2000,Invesco Multicap @ 2500, Mirae Emerging Bluechip @ 2500, Mirae NYSE Fang ETF FOF @ 5000, Quant Small cap @ 2000, PPFAS flexicap @ 2500, UT Flexi @ 2500. Most of the SIP's have been started in last 2-3 yeasr.
Ans: It's commendable that you've taken proactive steps towards securing your financial future, especially with such a diverse portfolio of SIPs. At 40, you're in a crucial phase of life where every investment decision counts. Your commitment to regular investing reflects a thoughtful approach to wealth accumulation.

With SIPs spread across various sectors, you've embraced the beauty of diversification. But have you ever pondered over whether your current investments truly align with your long-term goals and risk appetite? It's crucial to periodically reassess your portfolio's composition to ensure it remains in sync with your evolving financial aspirations.

Remember, the journey to financial independence is akin to a marathon, not a sprint. Each SIP contribution represents a step forward on this journey, building wealth brick by brick. As a Certified Financial Planner, I appreciate your dedication to securing your financial future and encourage you to continue this journey with wisdom and foresight.

In the vast landscape of investment opportunities, your portfolio reflects a tapestry of choices tailored to your vision. But as with any masterpiece, periodic reflection and adjustment are essential to ensure its continued brilliance. Let's navigate this journey together, crafting a future that's both prosperous and fulfilling, one SIP at a time.

..Read more

Ramalingam

Ramalingam Kalirajan  |8231 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 18, 2024

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Sir my age is 32 years, I have started Sip since July 2023 my investment details are below Nippon small cap 2k Quant small cap 1k Tata small cap 1k Sbi small cap 2k ICICI prudential value 2k Quant mid cap 3k Sbi magnam mid cap 2k Sbi contra fund 3k Parag Parikh flexi cap 2k 25 years sip plan with step up, please review my portfolio,
Ans: Your proactive approach to investing in SIPs at a young age is commendable. This sets a strong foundation for long-term wealth creation. Your diversified portfolio reflects a good understanding of market opportunities and risks.

Evaluating Your Current Portfolio
Current Investments:

Your SIPs are spread across small cap, mid cap, and contra funds, with a flexi cap for additional diversification.
Each category serves a distinct purpose in your investment strategy.
Portfolio Composition Analysis
Small Cap Funds:

Growth Potential: Small cap funds offer high growth potential but come with higher risk.
Current Allocation: You have ?6,000 in small cap funds, which is quite aggressive.
Assessment: High risk, high return. Ensure you are comfortable with the volatility.
Mid Cap Funds:

Balanced Growth: Mid cap funds provide a balance between growth and stability.
Current Allocation: ?5,000 in mid cap funds. This is a good strategy to capture growth while managing risk.
Assessment: Moderately risky, suitable for long-term goals.
Value and Contra Funds:

Defensive Strategy: These funds invest in undervalued stocks, aiming for long-term growth.
Current Allocation: ?5,000 combined in value and contra funds.
Assessment: Less risky, suitable for market downturns.
Flexi Cap Funds:

Diversification: Flexi cap funds invest across market capitalizations, providing diversification.
Current Allocation: ?2,000 in flexi cap.
Assessment: Provides a safety net by diversifying across various market segments.
Recommendations for Optimization
Balancing Risk and Growth:

Reallocation Suggestion: Consider reallocating some funds from small cap to more stable options like large cap or balanced funds.
Reason: Reduces overall portfolio risk while still aiming for growth.
Introduction of Large Cap Funds:

Suggestion: Add a large cap fund to your portfolio.
Reason: Large cap funds provide stability and steady returns, balancing the high-risk small and mid cap funds.
Balanced Funds:

Suggestion: Include a balanced or hybrid fund.
Reason: These funds invest in both equity and debt, offering a balanced risk-reward profile.
Portfolio Step-Up Strategy
Regular Increases:

Implementation: Increase your SIP contributions annually as planned.
Reason: Step-up SIPs help in compounding your investments more effectively.
Importance of Professional Guidance
Engage a Certified Financial Planner (CFP):

Benefits: Personalized advice tailored to your financial goals and risk tolerance.
Reason: A CFP can help optimize your portfolio and ensure it aligns with your long-term goals.
Regular Monitoring and Review
Periodic Portfolio Review:

Frequency: Review your investment portfolio at least annually.
Reason: Ensures your investments stay aligned with your goals and market conditions.
Rebalancing:

Action: Rebalance your portfolio if any fund significantly outperforms or underperforms.
Reason: Maintains desired asset allocation and risk level.
Final Thoughts
Your disciplined investment in SIPs across diverse funds is a strong start. For optimal growth and risk management, consider introducing large cap and balanced funds into your portfolio. Regular reviews and professional guidance will keep your investments on track. Your commitment to a 25-year plan with step-ups shows foresight and determination, paving the way for substantial wealth creation.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |8231 Answers  |Ask -

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

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I am interesting in SIP since 1 year in Parag Parikh flexi cap 15k, Mirae asset and Canara robeco ELSS MF 5k each, Nippon large cap 5k , Nippon small cap 2.5k , Quant small cap 5k , HDFC small cap 3 k , PGIM midcap opportunities 5k and Zerodha Elss MF 2 k almost 50 k per month some mutual fund started 6 month ago only , I am 32 years old and my Target corpus is 10 cr for NXT 15-20 years.I want to near 50 to 55 years
Ans: Your commitment to systematic investment planning (SIP) reflects a commendable effort towards building wealth over the long term. As a Certified Financial Planner, I appreciate your proactive approach and dedication to achieving your financial goals. Let's assess your current SIP portfolio and its alignment with your target corpus of ?10 crores over the next 15-20 years.

Diversification and Asset Allocation
Diversification is key to managing risk and maximizing returns in your investment portfolio. Your SIP allocations across various mutual funds demonstrate a well-diversified approach, spanning across different market segments and fund categories. This diversified allocation enhances your portfolio's resilience against market volatility and specific sectoral risks.

Fund Selection and Performance
Parag Parikh Flexi Cap, Mirae Asset, and Canara Robeco ELSS are renowned funds known for their consistent performance and robust investment strategies. These funds offer exposure to diversified equity portfolios, enabling you to capture the growth potential of both large caps and mid caps. Additionally, Nippon Large Cap provides stability, while Nippon Small Cap and Quant Small Cap offer exposure to high-growth potential small cap stocks.

HDFC Small Cap and PGIM Midcap Opportunities further complement your portfolio by focusing on mid and small cap segments, which tend to outperform over the long term. Zerodha ELSS MF adds a tax-saving component to your portfolio, aligning with your financial planning objectives.

Risk Management and Time Horizon
At 32 years old, you have a significant investment horizon of 15-20 years, which is conducive to a growth-oriented investment strategy. Your portfolio's allocation towards mid and small cap funds reflects your willingness to accept higher volatility in pursuit of superior long-term returns. However, it's essential to periodically review your portfolio's performance and rebalance if necessary to maintain your desired risk-return profile.

Monitoring and Review Process
As your Certified Financial Planner, I recommend conducting regular portfolio reviews to track performance against your financial goals and make any necessary adjustments. Monitoring the funds' performance, evaluating market conditions, and reassessing your risk tolerance are integral aspects of managing your SIP portfolio effectively.

Conclusion
Your SIP portfolio showcases a thoughtful blend of diversified mutual funds, encompassing various market segments and investment styles. With a clear target corpus of ?10 crores over the next 15-20 years, your disciplined approach to systematic investing positions you well for long-term wealth creation.

As you continue on your financial journey, remember to stay focused on your goals, maintain discipline in your investment strategy, and seek professional guidance when needed. Together, we can navigate market fluctuations and work towards achieving your financial aspirations.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Latest Questions
Nayagam P

Nayagam P P  |4431 Answers  |Ask -

Career Counsellor - Answered on Apr 14, 2025

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Career
hii i got 91 perecentile in jee mains with ews female cateogary and my home state is haryana which nit or iiit i got with any branch
Ans: Komal, Gopal, Here is, How to Predict Your Chances of Admission into NIT or IIIT or GFTI After JEE Main Results – A Step-by-Step Guide.

Providing precise admission chances for each student can be challenging. Some reputed educational websites offer ‘College Predictor’ tools where you can check possible college options based on your percentile, category, and preferences. However, for a more accurate understanding, here’s a simple yet effective 9-step method using JoSAA’s past-year opening and closing ranks. This approach gives you a fair estimate (though not 100% exact) of your admission chances based on the previous year’s data.

Step-by-Step Guide to Check Your Admission Chances Using JoSAA Data
Step 1: Collect Your Key Details
Before starting, note down the following details:

Your JEE Main percentile | Convert the Percentile to AIR, based on the Formula available in Google.
Your category (General-Open, SC, ST, OBC-NCL, EWS, PwD categories)
Preferred institute types (NIT, IIIT, GFTI)
Preferred locations (or if you're open to any location in India)
List of at least 3 preferred academic programs (branches) as backups (instead of relying on just one option)
Step 2: Access JoSAA’s Official Opening & Closing Ranks
Go to Google and type: JoSAA Opening & Closing Ranks 2024
Click on the first search result (official JoSAA website).
You will land directly on JoSAA’s portal, where you can enter your details to check past-year cutoffs.
Step 3: Select the Round Number
JoSAA conducts five rounds of counseling.
For a safer estimate, choose Round 4, as most admissions are settled by this round.
Step 4: Choose the Institute Type
Select NIT, IIIT, or GFTI, depending on your preference.
If you are open to all types of institutes, check them one by one instead of selecting all at once.
Step 5: Select the Institute Name (Based on Location)
It is recommended to check institutes one by one, based on your preferred locations.
Avoid selecting ‘ALL’ at once, as it may create confusion.
Step 6: Select Your Preferred Academic Program (Branch)
Enter the branches you are interested in, one at a time, in your preferred order.
Step 7: Submit and Analyze Results
After selecting the relevant details, click the ‘SUBMIT’ button.
The system will display Opening & Closing Ranks of the selected institute and branch for different categories.
Step 8: Note Down the Opening & Closing Ranks
Maintain a notebook or diary to record the Opening & Closing Ranks for each institute and branch you are interested in.
This will serve as a quick reference during JoSAA counseling.
Step 9: Adjust Your Expectations on a Safer Side
Since Opening & Closing Ranks fluctuate slightly each year, always adjust the numbers for safety.
Example Calculation:
If the Opening & Closing Ranks for NIT Delhi | Mechanical Engineering | OPEN Category show 8622 & 26186 (for Home State), consider adjusting them to 8300 & 23000 (on a safer side).
If the Female Category rank is 34334 & 36212, adjust it to 31000 & 33000.
Follow this approach for Other State candidates and different categories.
Pro Tip: Adjust your expected rank slightly lower than the previous year's cutoffs for realistic expectations during JoSAA counseling.

Can This Method Be Used for JEE April & JEE Advanced?
Yes! You can repeat the same steps after your April JEE Main results to refine your admission possibilities.
You can also follow a similar process for JEE Advanced cutoffs when applying for IITs.

Want to Learn More About JoSAA Counseling?
If you want detailed insights on JoSAA counseling, engineering entrance exams, preparation strategies, and engineering career options, check out EduJob360’s 180+ YouTube videos on this topic!

Hope this guide helps! All the best for your admissions!

Follow RediffGURUS to Know more on 'Careers | Health | Money | Relationships'.

...Read more

Nayagam P

Nayagam P P  |4431 Answers  |Ask -

Career Counsellor - Answered on Apr 14, 2025

Listen
Career
Sir I got 90 persentil in jee mains in obc category in rajsthan state. Can I get any nit and iiit in any branch. So tell me about the correct choice filling which I fill and get a decent college
Ans: Ashish, Gopal, Here is, How to Predict Your Chances of Admission into NIT or IIIT or GFTI After JEE Main Results – A Step-by-Step Guide.

Providing precise admission chances for each student can be challenging. Some reputed educational websites offer ‘College Predictor’ tools where you can check possible college options based on your percentile, category, and preferences. However, for a more accurate understanding, here’s a simple yet effective 9-step method using JoSAA’s past-year opening and closing ranks. This approach gives you a fair estimate (though not 100% exact) of your admission chances based on the previous year’s data.

Step-by-Step Guide to Check Your Admission Chances Using JoSAA Data
Step 1: Collect Your Key Details
Before starting, note down the following details:

Your JEE Main percentile | Convert the Percentile to AIR, based on the Formula available in Google.
Your category (General-Open, SC, ST, OBC-NCL, EWS, PwD categories)
Preferred institute types (NIT, IIIT, GFTI)
Preferred locations (or if you're open to any location in India)
List of at least 3 preferred academic programs (branches) as backups (instead of relying on just one option)
Step 2: Access JoSAA’s Official Opening & Closing Ranks
Go to Google and type: JoSAA Opening & Closing Ranks 2024
Click on the first search result (official JoSAA website).
You will land directly on JoSAA’s portal, where you can enter your details to check past-year cutoffs.
Step 3: Select the Round Number
JoSAA conducts five rounds of counseling.
For a safer estimate, choose Round 4, as most admissions are settled by this round.
Step 4: Choose the Institute Type
Select NIT, IIIT, or GFTI, depending on your preference.
If you are open to all types of institutes, check them one by one instead of selecting all at once.
Step 5: Select the Institute Name (Based on Location)
It is recommended to check institutes one by one, based on your preferred locations.
Avoid selecting ‘ALL’ at once, as it may create confusion.
Step 6: Select Your Preferred Academic Program (Branch)
Enter the branches you are interested in, one at a time, in your preferred order.
Step 7: Submit and Analyze Results
After selecting the relevant details, click the ‘SUBMIT’ button.
The system will display Opening & Closing Ranks of the selected institute and branch for different categories.
Step 8: Note Down the Opening & Closing Ranks
Maintain a notebook or diary to record the Opening & Closing Ranks for each institute and branch you are interested in.
This will serve as a quick reference during JoSAA counseling.
Step 9: Adjust Your Expectations on a Safer Side
Since Opening & Closing Ranks fluctuate slightly each year, always adjust the numbers for safety.
Example Calculation:
If the Opening & Closing Ranks for NIT Delhi | Mechanical Engineering | OPEN Category show 8622 & 26186 (for Home State), consider adjusting them to 8300 & 23000 (on a safer side).
If the Female Category rank is 34334 & 36212, adjust it to 31000 & 33000.
Follow this approach for Other State candidates and different categories.
Pro Tip: Adjust your expected rank slightly lower than the previous year's cutoffs for realistic expectations during JoSAA counseling.

Can This Method Be Used for JEE April & JEE Advanced?
Yes! You can repeat the same steps after your April JEE Main results to refine your admission possibilities.
You can also follow a similar process for JEE Advanced cutoffs when applying for IITs.

Want to Learn More About JoSAA Counseling?
If you want detailed insights on JoSAA counseling, engineering entrance exams, preparation strategies, and engineering career options, check out EduJob360’s 180+ YouTube videos on this topic!

Hope this guide helps! All the best for your admissions!

Follow RediffGURUS to Know more on 'Careers | Health | Money | Relationships'.

...Read more

Nayagam P

Nayagam P P  |4431 Answers  |Ask -

Career Counsellor - Answered on Apr 14, 2025

Listen
Career
Sir I have 98.68 can get top 5 NIT in mechanical ews quota
Ans: Gopal, Here is, How to Predict Your Chances of Admission into NIT or IIIT or GFTI After JEE Main Results – A Step-by-Step Guide.

Providing precise admission chances for each student can be challenging. Some reputed educational websites offer ‘College Predictor’ tools where you can check possible college options based on your percentile, category, and preferences. However, for a more accurate understanding, here’s a simple yet effective 9-step method using JoSAA’s past-year opening and closing ranks. This approach gives you a fair estimate (though not 100% exact) of your admission chances based on the previous year’s data.

Step-by-Step Guide to Check Your Admission Chances Using JoSAA Data
Step 1: Collect Your Key Details
Before starting, note down the following details:

Your JEE Main percentile | Convert the Percentile to AIR, based on the Formula available in Google.
Your category (General-Open, SC, ST, OBC-NCL, EWS, PwD categories)
Preferred institute types (NIT, IIIT, GFTI)
Preferred locations (or if you're open to any location in India)
List of at least 3 preferred academic programs (branches) as backups (instead of relying on just one option)
Step 2: Access JoSAA’s Official Opening & Closing Ranks
Go to Google and type: JoSAA Opening & Closing Ranks 2024
Click on the first search result (official JoSAA website).
You will land directly on JoSAA’s portal, where you can enter your details to check past-year cutoffs.
Step 3: Select the Round Number
JoSAA conducts five rounds of counseling.
For a safer estimate, choose Round 4, as most admissions are settled by this round.
Step 4: Choose the Institute Type
Select NIT, IIIT, or GFTI, depending on your preference.
If you are open to all types of institutes, check them one by one instead of selecting all at once.
Step 5: Select the Institute Name (Based on Location)
It is recommended to check institutes one by one, based on your preferred locations.
Avoid selecting ‘ALL’ at once, as it may create confusion.
Step 6: Select Your Preferred Academic Program (Branch)
Enter the branches you are interested in, one at a time, in your preferred order.
Step 7: Submit and Analyze Results
After selecting the relevant details, click the ‘SUBMIT’ button.
The system will display Opening & Closing Ranks of the selected institute and branch for different categories.
Step 8: Note Down the Opening & Closing Ranks
Maintain a notebook or diary to record the Opening & Closing Ranks for each institute and branch you are interested in.
This will serve as a quick reference during JoSAA counseling.
Step 9: Adjust Your Expectations on a Safer Side
Since Opening & Closing Ranks fluctuate slightly each year, always adjust the numbers for safety.
Example Calculation:
If the Opening & Closing Ranks for NIT Delhi | Mechanical Engineering | OPEN Category show 8622 & 26186 (for Home State), consider adjusting them to 8300 & 23000 (on a safer side).
If the Female Category rank is 34334 & 36212, adjust it to 31000 & 33000.
Follow this approach for Other State candidates and different categories.
Pro Tip: Adjust your expected rank slightly lower than the previous year's cutoffs for realistic expectations during JoSAA counseling.

Can This Method Be Used for JEE April & JEE Advanced?
Yes! You can repeat the same steps after your April JEE Main results to refine your admission possibilities.
You can also follow a similar process for JEE Advanced cutoffs when applying for IITs.

Want to Learn More About JoSAA Counseling?
If you want detailed insights on JoSAA counseling, engineering entrance exams, preparation strategies, and engineering career options, check out EduJob360’s 180+ YouTube videos on this topic!

Hope this guide helps! All the best for your admissions!

Follow RediffGURUS to Know more on 'Careers | Health | Money | Relationships'.

...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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