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Sudhanshu

Sudhanshu Singh  | Answer  |Ask -

Answered on Apr 12, 2022

Janaki Question by Janaki on Apr 12, 2022Hindi
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I am 42 and my monthly salary is Rs 40,000. With twin sons and along with my husband's salary, we manage to save Rs 28,000 per month. We want to invest half of these savings in some good mutual funds which we plan to keep investing in for the next three to four years.

I am looking forward to use the funds for the education of my sons who will finish their twelfth standard in 2026. How should I go about my investments?

Ans: Provided a little time frame and a huge target of education of your twins, we have very limited scope left. You should invest all these funds on monthly basis in growth oriented mutual funds. Indian growth-based mutual funds have a history of giving 14 per cent -16 per cent of CAGR annualised returns, and seeing the bright prospects of Indian economy probability is high that it will continue. This will give enough returns for starting the education of your twins for first 2-3 years. Further for higher education I will suggest you to keep this investment going in the same way till they end their graduation, which will give enough funds to keep their higher education in line.

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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Mutual Funds, Financial Planning Expert - Answered on May 04, 2024

Asked by Anonymous - Apr 24, 2024Hindi
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Hi Sir . I am a 34-year-old man with a monthly income of 1.4 Lakh. I have a 1-year-old son. I haven't invested in mutual fund investments before and seek your guidance on how much to invest and in which mutual funds. My financial goals are as follows: Accumulate atleast 6 crores before retirement (in the next 20 years). Save atleast 1 crore for my son's higher education in the next 15 years. Set aside atleast 50 lakhs for my son's marriage in the next 20-25 years. My current investments include: PPF - 1.5 Lakhs per annum for the last 5 years. NPS - 50000 per annum for the last 3 year. ULIP - 1.2 Lakh per annum for last 1 year One SBI scheme - 1.2 Lakhs per annum for last 3 years My wife is also working with monthly income of 1.4 Lakhs. I would greatly appreciate your advice on how to structure my mutual fund investments to achieve these goals. Thank You.
Ans: Given your financial goals and current investments, here's a suggested approach to structure your mutual fund investments:

Retirement Corpus (6 Crores in 20 years):
Start SIPs in diversified equity mutual funds with a focus on long-term growth. Allocate a significant portion of your investments towards equity funds to harness their wealth-building potential over the long term. Consider a mix of large-cap, mid-cap, and multi-cap funds to diversify across market segments and manage risk effectively. Review and increase your SIP amounts periodically, considering your income growth and inflation.
Son's Higher Education (1 Crore in 15 years):
Allocate a portion of your mutual fund investments specifically towards your son's education goal. Since the timeframe is relatively shorter, consider a balanced approach with a mix of equity and debt funds to balance growth potential with capital preservation. Gradually shift towards debt-oriented funds as the goal approaches to safeguard against market volatility and ensure capital protection.
Son's Marriage (50 Lakhs in 20-25 years):
Similar to the education goal, allocate a portion of your investments towards your son's marriage goal. Since the timeframe is longer, you can afford a more aggressive approach with a higher allocation towards equity funds. As the goal approaches, gradually shift towards more conservative investments to protect the accumulated corpus.
Review and Rebalance:
Regularly review your mutual fund investments and rebalance your portfolio as needed to ensure alignment with your financial goals and risk tolerance. Consider consulting with a Certified Financial Planner to periodically reassess your goals, investment strategy, and progress towards achieving them.
Remember, investing is a long-term commitment, and staying disciplined, diversified, and focused on your goals is key to achieving financial success.

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Ramalingam

Ramalingam Kalirajan  |7209 Answers  |Ask -

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

Asked by Anonymous - Apr 25, 2024Hindi
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Hi Sir . I am a 34-year-old man with a monthly income of 1.4 Lakh. I have a 1-year-old son. I haven't invested in mutual fund investments before and seek your guidance on how much to invest and in which mutual funds. My financial goals are as follows: Accumulate atleast 6 crores before retirement (in the next 20 years). Save atleast 1-2 crore for my son's higher education in the next 20 years. Set aside atleast 50 lakhs for my son's marriage in the next 25 years. My current investments include: PPF - 1.5 Lakhs per annum for the last 5 years. NPS - 50000 per annum for the last 3 year. ULIP - 1.2 Lakh per annum for last 1 year One SBI scheme - 1.2 Lakhs per annum for last 3 years My wife is also working with monthly income of 1.4 Lakhs. I would greatly appreciate your advice on how to structure my mutual fund investments to achieve these goals. Thank You.
Ans: It's commendable that you're planning ahead for your family's future. With clear financial goals and a steady income, you're already on the right path. Given your aspirations, mutual funds can play a pivotal role in achieving these milestones.

For your retirement goal of accumulating 6 crores in 20 years, systematic and disciplined investing will be key. Similarly, for your son's education and marriage funds, a structured approach can make a significant difference.

Considering your current investments in PPF, NPS, ULIP, and other schemes, mutual funds can complement these by offering diversification and potential growth opportunities. A Certified Financial Planner can help you tailor an investment strategy aligned with your goals, risk tolerance, and time horizon.

Remember, investing is a journey, not a race. It requires patience, diligence, and periodic review. By investing wisely and staying committed to your goals, you can pave the way for a secure and prosperous future for your family. Best wishes on your financial journey!

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Mutual Funds, Financial Planning Expert - Answered on May 20, 2024

Asked by Anonymous - May 13, 2024Hindi
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Hi. I'm 30years old with monthly salary of 60k. Having said, I have savings of 5L in hand and not had any investment so far in mutual fund. Having 2 child to take care with their education after 20 years. Need of advice on where to start in mutual fund. My risk appetite is moderate to high but don't know which fund to choose for long term investment. As well as I need of assured corpus of Rs.1 crore after 12 years to support my investment horizon along with my salary for rest of 8 years as I don't think my salary alone will be suffice to meet the investment journey. Also after 12 years need of an advice on how to get monthly income out of some portion of 1crore to manage family with it and save all my salary to mutual fund. I also want to know what will be the average return I will be getting based on your suggestion with all plannings as I said above after 20years
Ans: Your commitment to securing your family's future and achieving financial stability is commendable. Let's outline a strategic mutual fund investment plan tailored to your goals, risk appetite, and investment horizon.

Assessing Your Financial Goals and Risk Profile
At 30, with a moderate to high risk appetite, you're well-positioned to embark on a long-term investment journey. Your primary objectives include building a substantial corpus for your children's education in 20 years and securing a corpus of ?1 crore in 12 years for additional financial support.

Structuring Your Mutual Fund Portfolio
Given your investment horizon and risk tolerance, a diversified portfolio of equity and debt mutual funds is recommended. Equity funds offer growth potential, while debt funds provide stability and income generation. Here's a suggested allocation:

Equity Funds: Allocate a significant portion of your investment, considering your moderate to high-risk appetite. Choose a mix of large-cap, mid-cap, and small-cap funds for diversification and potential returns.

Debt Funds: Allocate a portion of your portfolio to debt funds to mitigate risk and generate stable returns. Opt for a combination of short-term, medium-term, and long-term debt funds based on your risk preference.

Planning for Future Income Streams
After 12 years, when you aim to secure a corpus of ?1 crore, consider investing a portion of this amount in a combination of dividend-paying mutual funds and systematic withdrawal plans (SWPs). This strategy will provide you with a regular monthly income stream while preserving the principal amount for long-term growth.

Estimating Average Returns
While it's challenging to predict exact returns, a well-diversified mutual fund portfolio targeting a moderate to high-risk profile can potentially generate average returns ranging from 10% to 12% annually over the long term. However, returns may vary depending on market conditions and fund performance.

Emphasizing Discipline and Review
Consistency and discipline are key to achieving your financial goals. Review your portfolio regularly, monitor fund performance, and make adjustments as needed to stay aligned with your objectives. Consider consulting with a Certified Financial Planner to fine-tune your strategy and navigate market fluctuations effectively.

Conclusion
In conclusion, a strategic mutual fund investment plan tailored to your financial goals, risk profile, and investment horizon can pave the way for long-term wealth creation and financial security. By diversifying your portfolio, planning for future income streams, and maintaining discipline, you can work towards achieving your objectives and securing your family's future.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Gynaecologist, IVF expert - Answered on Dec 06, 2024

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I am 51. I have been diagnosed to have multiple fibroids. 3 Months ago, my bleeding did not stop and was told it was due to my fibroids and had to be given hormones treatment to stop. But, since then I had 2 normal periods. Right now, I am not taking any medicines. What further action I need to take for my fibroids issue. Please advise.
Ans: Hello
You are 51 with fibroids, with menorrhagia
Firstly,
1) We Need to get usg 3 D pelvis done with fibroid mapping.
2) Blood test to see for CBC, tsh , prolactin, tsh level
Since you are 51 and if your hemoglobin is maintained and bleeding controlled, we can wait and observe with regular usg monitoring for fibroids
Since you are 51, there are chances of you being in perimenopause and menopause, so there are chances fibroids reduce in size, and you become asymptomatic because post menopause estrogen level drops and fibroids are estrogen dependent.
If wish to go for conservative management:
a) Cyclic Oc pills or continuous Oc pills to create pseudoamennorhoea which will control dysmenorrhea and bleeding
B) Lupron Depot is a synthetic hormone that reduces the body's production of estrogen and progesterone, causing a temporary menopause-like state. This can shrink fibroids, stop menstrual periods, and improve anemia.
Uterine fibroid embolization:
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Radiofrequency ablation (RFA):
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Relationships Expert, Mind Coach - Answered on Dec 06, 2024

Asked by Anonymous - Dec 04, 2024Hindi
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My in-laws family are having very good relations with our next door neighbour from the time of grandparents of my husband. I know them (uncle, aunty, their son, daughter in law & a kid) from 7 years (from my marriage). Uncle (26 years elder than me) favours me a lot. I requested for my placement in the company he is working in. I got the job there just after 1 year of my marriage in the company by the help of uncle. Uncle was in very senior position in the company. He was handling both audit & sales department. I wanted to work under him to have great experience. Company accepted my request. But most of the time, he was staying outside the city. Company arrange hotel for him as well as for a male colleague for back support him outside city. I requested the company to let me travel with him outside, but company was not ready to give separate room for me because of cost cutting. Even if I pay my expenses for separate room, it will be over budget for me if I spend so much frequently. So, I asked for permission from my husband & company to let me share the room (2 separate beds) with him. My husband believe on him more than anyone else. Fortunately, company & husband permitted me to share the room (2 separate beds) with him. Since then onwards, I was travelling with him outside to many cities but I was sharing room with him always. Uncle was taking care of me just like his own daughter. He was scolding me if I wear any inappropriate clothes by mistake or if I do anything wrong. He was calling me daughter instead of my name. I feel safe & comfortable with him. He is committed to work in the same company till his death. I committed the same. Now, from 1 year, there are changes in his behaviour. He has started calling me by my name instead of ‘daughter’. He has stopped saying anything if I wear inappropriate clothes. And the biggest thing is he has started flirting with me. Not the weird flirt, but a healthy flirt. He is complimenting on my looks, my dressing sense, my personality, etc. To be honest, I am still feeling comfortable & safe with him. I am still enjoying my official life by working under him. Sometimes I just smile & sometimes I flirt back (with no wrong intentions). He never touched me with any wrong intentions. My curiosity is why he changed after so many years ?? Nothing is changed in his personal life. His family is well & good. So, what made him change towards me ?? I have not told about this change to my husband otherwise he will take tension unnecessary. I believe that it’s ok to hide few such things if we are not having any wrong intentions. Also want to know if I should be concern about it or not ?? I am never going to take any step against my husband. I love my husband truly, but I don’t know what’s going on in the mind of my uncle ?? I want to know your view point in this situation.
Ans: Dear Anonymous,
It doesn't take a lot of smartness to figure out that this 'Uncle' has begun to have some 'feelings' for you...
Oh and the decision to stay in the same room and then justifying as that he takes care of you like his own daughter. You do realize that once the daughter grows, the fathers also have a sense of respecting the boundaries of his own daughter, right?
And kindly explain this to yourself: There is another male colleague traveling; why can't he share the room with 'Uncle' and you as a woman be given a separate room?
Please come to your senses before your company starts talking and it will not just get ugly at the workplace but also the place where you stay. PLUS your family is going to have a hard time processing what went wrong with their friendly neighbors.
Be smart, be wise and kindly put an end to this 'uncle-daughter' labels and understand that he is most likely beginning to grow feelings and just out of respect for your in-laws is being in his place. And your 'uncle' is never going to come and tell you this...these signals that you have mentioned are enough...

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

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Relationships Expert, Mind Coach - Answered on Dec 06, 2024

Asked by Anonymous - Dec 04, 2024Hindi
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Hello Ma'am, Recently I told my feelings to my friend that I like her. I even told her that I am not expecting anything right now. May be one year, two year or three years down the line we might have a future together. She then told me that she loves someone else and didn't thought of it. Now even she told me to say away as it would be good for both of us. Now I regret that why I told her that. I shouldn't have told her my feelings. Now I regret more that I lost a valuable friend and friendship. Now I even think that I am not good looking as her, so that might be the case of rejection. Can you please tell what should I do now as I am not able to focus on anything and the regret is very heavy on me. I am always thinking that I shouldn't have told her about my feelings.
Ans: Dear Anonymous,
What is done, is done; you can't go back in time and change any of that!
And you were just being honest with her; it's sad that she could not appreciate your honesty BUT she also fears that being friends with you, may also hurt you; so staying away seems to be the best option...
Move on; it's hard doing that but not impossible...change is the only constant in life and people come and go just as feelings come and go...It's a big beautiful world out there; expand your social circle and give time to your personal growth. Focus on yourself.

All the best!
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Drop in: www.unfear.io
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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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