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Ramalingam

Ramalingam Kalirajan  |9227 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 11, 2024

Ramalingam Kalirajan has over 23 years of experience in mutual funds and financial planning.
He has an MBA in finance from the University of Madras and is a certified financial planner.
He is the director and chief financial planner at Holistic Investment, a Chennai-based firm that offers financial planning and wealth management advice.... more
JK Question by JK on May 10, 2024Hindi
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I am 42 years salaried person investing in MF through SIP from 2014 current corpus is 37 Lakhs in MF. My Current SIP's amount is rs 22000 PM as follows- 1. Nippon Small cap - 2000, 2. Mahindra manulife midcap fund - 7000, Mahindra Manulife Small cap - 4000, PGIM Midcap opportunities Fund - 3000, Quant Flexicap fund - 6000. SIP increasing every year by 5% to 10% No Home loan, term insurance 55 lakhs, medi-claim 10 lakhs, PF & VPF accumulation Rs 16 lakhs. I want to create a good corpus of Rs 6 - 7crore for retirement at 58 years of age. Please suggest if any change required in investment amount or funds.

Ans: It's commendable that you've been consistently investing in mutual funds through SIPs for several years, laying a strong foundation for your retirement. Let's evaluate your current investment strategy and make adjustments to align with your retirement goal.

Your portfolio reflects a diversified mix of small-cap, mid-cap, and flexi-cap funds, which offer growth potential over the long term. However, given your goal of building a substantial corpus for retirement, we may need to reassess your asset allocation and make some adjustments.

Firstly, let's review your SIP amounts and consider increasing them gradually to accelerate wealth accumulation. Since your SIPs increase by 5% to 10% annually, this incremental growth can boost your investment corpus significantly over time.

Consider reallocating some of your SIP amounts to funds with a proven track record of consistent performance and lower volatility. While small-cap and mid-cap funds can offer higher returns, they also come with increased risk. Diversifying across large-cap funds or balanced funds can provide stability to your portfolio.

Moreover, review your overall asset allocation to ensure it remains aligned with your risk tolerance and investment objectives. While equity investments offer growth potential, it's essential to balance them with fixed-income securities like debt funds or PPF to mitigate risk.

Given your age and retirement horizon, periodically reassess your investment strategy and make necessary adjustments to stay on track towards your goal. Consider consulting with a Certified Financial Planner to develop a personalized retirement plan tailored to your needs and aspirations.

In conclusion, by fine-tuning your investment strategy, increasing your SIP amounts, and maintaining a disciplined approach, you can work towards achieving your retirement goal of building a corpus of Rs 6 - 7 crores by the age of 58.

Best Regards,

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

Hardik Parikh  | Answer  |Ask -

Tax, Mutual Fund Expert - Answered on Apr 19, 2023

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Hi, I am investing 24,000 as a SIP in following MF schemes since 2020. 1. HDFC Taxsaver - 5000 2. HDFC retirement saving - 2000 3. Mirae asset large cap fund - 3000 4. Axis small cap fund - 2000 5. Axis mid cap fund - 2000 6. Axis bluechip fund - 2000 7. Franklin india feeder - US Opp fund - 2000 8. Quant active fund - 3000 9. Parag Parikh flexi cap fund - 3000 Please advise if I need to make any adjustments. I want to make corpus of 1 CR by 2030.
Ans: Dear Surya,

It's great to see that you've been disciplined with your investments since 2020. Your portfolio comprises a mix of tax-saving, retirement, large-cap, mid-cap, small-cap, and international funds, which is a good sign of diversification.

Considering your goal of accumulating a corpus of ₹1 crore by 2030, let's look at your current investment approach and see if any adjustments are needed.

First, let's assume an average annual return of 12% on your investments, which is reasonable for equity-oriented mutual funds in the long term. With your current monthly SIP of ₹24,000, you will have invested ₹2,88,000 annually. By 2030, which is 7 years away, you would have invested ₹20,16,000 in total.

Using the assumed 12% annual return, the future value of your investment by 2030 would be approximately ₹33,38,000. This is significantly short of your ₹1 crore goal.

To achieve your target, you would need to increase your monthly SIP amount. Here's what you can do:

Review your financial situation and identify any areas where you can increase your monthly investments. You may need to invest around ₹50,000 per month to achieve ₹1 crore by 2030, assuming the same 12% annual return.
Reassess your portfolio and its asset allocation. While your current allocation seems well-diversified, it's important to ensure that it's aligned with your risk tolerance and investment horizon. You may need to make some changes to improve the potential for higher returns. Consider discussing this with a financial advisor to ensure your portfolio is optimized for your goals.
Regularly review your investments and their performance. It's essential to keep track of how your mutual funds are performing compared to their benchmark indices and peers. If you find any underperformers, consider replacing them with better-performing alternatives.
Remember that investing is a long-term journey and requires patience, discipline, and regular reviews. It's important to stay committed to your investment plan and make adjustments as needed to reach your financial goals.

Wishing you the best on your journey to ₹1 crore by 2030!

Warm regards,

..Read more

Ramalingam

Ramalingam Kalirajan  |9227 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jun 19, 2024

Money
Dear Sir, I am 53 yrs. I want to retire @60 with a INR 2.00 Cr Corps. Currently I have following SIP Total SIP 30000/- PM Axis Bluechip Fund - Regular Plan - Growth HDFC Mid-Cap Opportunities Fund - Growth Plan Aditya Birla Sun Life Pure Value Fund - Growth Option Aditya Birla Sun Life Equity Advantage Fund - Regular Growth Sundaram Mid Cap Fund Regular Plan - Growth Bajaj Finserv Flexi Cap Fund -Regular Plan-Growth Franklin India Focused Equity Fund - Growth Plan Franklin India Smaller Companies Fund-Growth HDFC Top 100 Fund - Growth Option HDFC Multi Cap Fund - Growth Option I have MF Investment @ 26.00 Lakh Current Value is @ 52.00 Lakh. I have Savings of Rs. 10.00 Lakh, PPF Rs. 5.00 Lakh, Share investment Current Market Value around Rs. 20.00 Lakhs. I don't have any Loan. Per month earning around Rs. 1.25 Lakh. Suggest how i can increase my Corpus for retirement.
Ans: Achieving your retirement goal is possible with careful planning. You already have a strong foundation with diversified investments. Let's delve into how you can boost your retirement corpus by the time you turn 60.

Understanding Your Current Financial Situation
You have:

SIP investments: Rs. 52.00 Lakhs.
Savings: Rs. 10.00 Lakhs.
PPF: Rs. 5.00 Lakhs.
Share investments: Rs. 20.00 Lakhs.
Monthly earning: Rs. 1.25 Lakh.
No loans.
This is a solid start. Your diversified investment approach is commendable, indicating a good understanding of risk management.

Enhancing Your Investment Strategy
To achieve your goal of Rs. 2 Crore, we need to enhance your investment strategy. Here are some steps:

1. Increase SIP Contributions

Your current SIP of Rs. 30,000 per month is a great start. Consider gradually increasing your SIP contributions by 10-15% annually. This step-up SIP approach helps combat inflation and increases your investment corpus significantly over time.

Evaluating Existing Investments
2. Assess Performance Regularly

Monitor the performance of your mutual funds at least annually. If certain funds underperform consistently, consider switching to better-performing ones. This doesn't mean frequent changes but strategic adjustments.

3. Diversify Within Equity Funds

While you have a diversified portfolio, ensure you have exposure across large-cap, mid-cap, and small-cap funds. This reduces risk and captures growth opportunities in different market segments.

Maximizing Returns from Existing Assets
4. Optimize Share Investments

Given your share investments of Rs. 20 Lakhs, regularly review and rebalance your portfolio. Focus on fundamentally strong companies with growth potential. Consider seeking professional advice to optimize stock selection.

5. Utilize Savings and PPF Wisely

Your savings and PPF are safe but lower-return instruments. Continue contributing to PPF for its tax benefits and safe returns. However, you might want to invest a portion of your savings in higher-return instruments like balanced funds.

Implementing Strategic Financial Decisions
6. Tax Planning and Efficiency

Tax-efficient investing can significantly boost your returns. Utilize ELSS funds for tax-saving under Section 80C. Also, plan withdrawals and redemptions strategically to minimize tax liabilities.

7. Emergency Fund Allocation

Ensure that your emergency fund (3-6 months of expenses) is maintained. This fund should be liquid and easily accessible, without disturbing your long-term investments.

Leveraging Professional Guidance
8. Engage with a Certified Financial Planner

A Certified Financial Planner (CFP) can provide personalized advice, ensuring your investments align with your goals. They can also help with tax planning, risk management, and estate planning.

Adopting a Long-Term Perspective
9. Focus on Long-Term Goals

Avoid short-term market noise. Stick to your long-term investment strategy. Markets are volatile, but historically, they tend to reward disciplined investors over time.

Regular Monitoring and Adjustments
10. Annual Review and Rebalancing

Conduct annual reviews of your portfolio with your CFP. This ensures your asset allocation stays in line with your risk tolerance and goals. Rebalancing helps maintain the desired investment mix.

Retirement Planning Beyond Investments
11. Budgeting and Lifestyle Planning

Plan your retirement lifestyle and estimate your expenses. This helps in setting realistic financial goals and ensures your corpus lasts throughout retirement.

Exploring Additional Investment Avenues
12. Alternative Investments

While equity and debt are primary, explore alternative investments like gold or international funds for added diversification. However, keep these to a small percentage of your portfolio.

Ensuring Insurance Coverage
13. Adequate Insurance

Ensure you have adequate health and life insurance coverage. This protects your investments from being eroded by unforeseen medical or life events.

Final Insights
By systematically increasing your SIPs, optimizing existing investments, and leveraging professional advice, you can achieve your retirement goal. Regular reviews and strategic adjustments are key to staying on track. Remember, discipline and patience are your best allies in this journey.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |9227 Answers  |Ask -

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

Money
Hi, I am 47 years old and have been investing in MF’s since age of 29. My current valuation of MF’s is 1.6 Cr. Below are my SIP’s details – I do step up of around 5000-8000 every year. My goal is to have a corpus of Rs. 5 Cr at age of 60. Kindly suggest if with current investments I can achieve the goal and also suggest if I need to change any MF schemes. Fund SIP Canararob Small Cap 4000 Dsp Small Cap 5000 Edelweisis Flexi 6000 Franklin Focussed 2000 Hdfc Mid Cap 2000 Mirae Multicap 5000 Mirae Midcap 13000 Mirae Large and Midcap 9000 Nippon Multicap 17500 Franklin India Opportunities 4000 Bank of India Flexicap 4000 Total 66500 Regards, Nitin M
Ans: Nitin, you've done a commendable job investing in mutual funds from the age of 29. You have built a substantial corpus of Rs 1.6 crore. Investing Rs 66,500 monthly, along with regular step-ups, shows your commitment to long-term wealth building. Your goal of Rs 5 crore by the age of 60 is achievable, but it requires a careful analysis of your current portfolio and projections.

Let’s break down the strategy and see if adjustments are needed.

Current SIPs Overview
Here are your SIP details:

Canara Robeco Small Cap: Rs 4,000
DSP Small Cap: Rs 5,000
Edelweiss Flexicap: Rs 6,000
Franklin Focused: Rs 2,000
HDFC Midcap: Rs 2,000
Mirae Multicap: Rs 5,000
Mirae Midcap: Rs 13,000
Mirae Large and Midcap: Rs 9,000
Nippon Multicap: Rs 17,500
Franklin India Opportunities: Rs 4,000
Bank of India Flexicap: Rs 4,000
Total monthly investment: Rs 66,500.

Let's first check if your current portfolio aligns with your Rs 5 crore goal.

Goal Achievement: Will You Reach Rs 5 Crore by 60?
You have 13 years left to achieve your goal, from age 47 to 60. You’re currently investing Rs 66,500 per month, and you also increase your SIPs by Rs 5,000 to Rs 8,000 annually.

Considering an average return of 10-12% per year from your mutual funds, and taking into account your step-up plan, you should comfortably achieve your Rs 5 crore target by age 60. But to ensure consistent growth, your portfolio should be well-diversified and structured.

Projections:

Your current SIPs, along with annual step-ups, should grow your corpus significantly over the next 13 years.
You’re likely on track for your Rs 5 crore goal, assuming stable market conditions and continued step-up.
Assessing Portfolio Diversification
1. Overlap in Funds

You hold several mid-cap and multicap funds, which could lead to overlap. For example, your Mirae Midcap and HDFC Midcap funds might hold similar stocks. It’s important to avoid too many funds in the same category to prevent redundancy and excessive risk exposure.

Suggested Action: Trim the number of overlapping funds. Keep one or two solid midcap funds instead of multiple, and the same for flexicap/multicap funds.

2. Excessive Exposure to Small Caps?

You have Rs 9,000 in small-cap funds (Canara Robeco Small Cap and DSP Small Cap). Small caps are more volatile and can swing widely based on market conditions. While small-cap funds have high growth potential, they also carry higher risk.

Suggested Action: Keep a balance between small, mid, and large caps. Limit small-cap exposure to no more than 10-15% of your total portfolio to reduce volatility risk.

Step-Up Strategy: Continue or Adjust?
Your current step-up of Rs 5,000 to Rs 8,000 per year is an excellent strategy. It ensures that your investments grow in line with your income and inflation. I suggest continuing this step-up approach as it will help you reach your Rs 5 crore goal faster.

Portfolio Simplification and Trim
With 11 funds in your portfolio, there is room to streamline for better management and performance tracking.

Suggested Action: Reduce your portfolio to around 6-8 funds. You don’t need to hold too many funds. Focus on the best performers across categories like large-cap, mid-cap, and flexi-cap.

Tax Efficiency and Fund Management
When selling mutual funds in the future, keep the tax implications in mind:

Long-Term Capital Gains (LTCG): Above Rs 1.25 lakh is taxed at 12.5% for equity mutual funds.
Short-Term Capital Gains (STCG): Are taxed at 20%.
Given your long-term horizon, focus on funds that offer strong long-term growth potential and avoid frequent churn to minimize tax impact.

Active Management vs Passive Funds
Since you haven’t mentioned index or direct funds, let me briefly explain why actively managed funds are preferable in your case.

Active Funds: Offer potential for better returns as fund managers actively pick stocks.
Passive Funds: Like index funds, simply track the index and may underperform during market downturns.
Stick with actively managed funds, especially those overseen by experienced fund managers, to give your portfolio a better chance of outperforming the market.

Term Insurance and Other Investments
While it wasn’t mentioned, if you don’t have a term insurance plan, consider getting one. Term insurance provides financial protection for your family in case of any unfortunate event and is cost-effective.

Suggested Action: Secure a term insurance plan if you don’t already have one. Avoid mixing insurance with investments like ULIPs, as they don’t offer optimal returns.

Additional Recommendations
Diversify Across Asset Classes: Consider adding some debt or hybrid mutual funds to your portfolio. These will act as a cushion during market downturns and provide stability.

Emergency Fund: Keep at least 6-12 months of living expenses in a liquid or short-term debt fund as an emergency fund. This ensures you won’t need to redeem your equity investments during market corrections.

Final Insights
Your current portfolio is on the right track to achieve the Rs 5 crore target by age 60. However, simplifying the number of funds, balancing risk with diversification, and continuing your step-up strategy will help you stay on track. Focus on strong-performing funds, limit small-cap exposure, and ensure you have a balanced mix of large, mid, and multi-cap funds.

Lastly, keep an eye on market performance and review your portfolio annually to make adjustments if needed.

Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

..Read more

Ramalingam

Ramalingam Kalirajan  |9227 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Oct 10, 2024

Asked by Anonymous - Oct 09, 2024Hindi
Money
I am 43 Years Old and have started MF SIP in the following 05 Funds, ICICI Bluechip Fund 10K, HDFC Felxi Cap - 10K, HDFC - Nifty 50 Fund 10K, TATA Small Cap 10k & Tata Mid cap growth k, Total 50k SIP, the objective is to accumulate corpus for my retirement at age 60. Please advise if the portfolio..Thanks
Ans: Your existing portfolio comprises a mix of large-cap, flexi-cap, small-cap, and mid-cap mutual funds. The objective you have outlined is to accumulate a retirement corpus by age 60, which is commendable.

The combination of different categories of funds in your portfolio indicates a balanced approach. You are ensuring exposure to both large-cap stability and the high growth potential of mid-cap and small-cap segments. However, there are certain areas that could use refinement to maximize your long-term returns, especially considering your goal of retirement.

Let’s break down the elements of your portfolio.

Large-Cap Fund Allocation
Large-cap funds typically invest in well-established companies with a strong market presence. They offer stability and moderate returns, particularly in volatile markets. In your portfolio, Rs. 10,000 is allocated to large-cap funds.

Benefits of large-cap funds:

Provides a cushion during market downturns.
Typically less volatile compared to mid and small-cap funds.
Potential concerns:

Growth potential is limited compared to mid and small-cap funds.
Over time, returns may lag behind other aggressive investments.
Given your long investment horizon of 17 years, while large-cap funds add stability, relying too much on them may limit your growth. A review of your exposure after every 3-5 years is suggested.

Flexi-Cap Fund Allocation
Flexi-cap funds give fund managers the freedom to invest across market capitalizations (large, mid, and small caps). Your allocation of Rs. 10,000 here is a good move because it offers diversification and reduces risk by spreading investments across companies of varying sizes.

Benefits of flexi-cap funds:

Flexibility to navigate across market caps, based on market conditions.
Potential to capture higher growth in mid and small caps while maintaining large-cap stability.
Potential concerns:

Performance is highly dependent on the fund manager’s expertise.
Not immune to market risks during extreme volatility.
Your flexi-cap exposure is solid, but it should be evaluated periodically to ensure it’s aligned with your evolving risk tolerance.

Small-Cap and Mid-Cap Fund Allocation
Small-cap and mid-cap funds, with a total allocation of Rs. 20,000 in your portfolio, are aimed at high-growth potential. These funds can significantly boost your returns over the long term.

Benefits of small and mid-cap funds:

Higher growth potential compared to large-cap funds.
Suitable for long-term investors who can weather short-term volatility.
Potential concerns:

Higher volatility and risk.
Performance can be erratic during market downturns.
Given your long-term horizon, the inclusion of small-cap and mid-cap funds is a positive. However, these funds should be monitored closely. You may want to reduce exposure to them as you near retirement and opt for more stable investments.

Nifty 50 Fund Allocation
Though you mentioned an investment in a Nifty 50-based fund, it is crucial to understand that index funds, including Nifty 50 funds, are passively managed. This means they replicate the index and offer no scope for the fund manager’s expertise to outperform the market.

Drawbacks of index funds:

They follow the market and do not aim to outperform.
In volatile or bearish markets, they offer no downside protection.
Actively managed funds can provide better risk-adjusted returns over the long term.
Given these disadvantages, actively managed funds in the same category may offer more growth potential and better risk management. Consider reallocating some portion of this investment towards actively managed funds for improved performance.

Regular Funds vs. Direct Funds
Investing in regular funds through a Certified Financial Planner (CFP) is a wise decision. While direct funds might seem attractive due to lower expense ratios, regular funds offer several advantages.

Benefits of regular funds:

You get ongoing professional advice and portfolio reviews from a CFP.
A CFP can help in strategic fund selection, rebalancing, and tax planning.
The marginally higher expense ratio is justified by better service and support.
Disadvantages of direct funds:

Lack of personalized guidance and strategy.
Risk of making uninformed investment decisions.
More time-consuming, as you have to track and manage everything on your own.
In the long run, investing in regular funds through a Certified Financial Planner will likely lead to better returns and effective risk management.

Tax Considerations
It's important to keep in mind the tax implications of mutual fund investments. Here’s a brief overview based on the latest rules:

Long-term capital gains (LTCG) from equity mutual funds exceeding Rs. 1.25 lakh are taxed at 12.5%.
Short-term capital gains (STCG) are taxed at 20% for equity mutual funds.
You should plan your withdrawals or systematic withdrawal plans (SWP) closer to retirement to minimize tax liabilities. A CFP can guide you on when to redeem units to maximize tax efficiency.

Review and Monitoring
Mutual funds require periodic reviews. You should evaluate your portfolio every 2-3 years to ensure it aligns with your risk tolerance, financial goals, and market conditions. A Certified Financial Planner can help you reassess your investments and suggest necessary adjustments to keep you on track for retirement.

Key aspects to review:

Fund performance relative to peers.
Sectoral allocation to avoid over-concentration.
Rebalancing across market capitalizations based on market cycles.
Risk and Reward Balance
Your current portfolio shows a balanced approach between stability (large and flexi-cap funds) and growth (small and mid-cap funds). However, small and mid-cap funds can be volatile, and their allocation should be adjusted as you get closer to retirement. As you reach your 50s, shifting towards more conservative options, such as large-cap or balanced funds, would reduce risk without sacrificing too much on returns.

Inflation and Retirement
Given that you aim to retire at 60, it's important to account for inflation. Your retirement corpus needs to be sufficient to maintain your lifestyle in the face of rising prices.

Consider the following:

Increase your SIP contributions periodically to combat inflation.
Keep some portion of your retirement portfolio in growth-oriented funds even post-retirement to counter inflation.
Emergency Fund and Insurance
Since your focus is on retirement, ensure you have an adequate emergency fund. This will protect your investments from any unexpected expenses and avoid unnecessary withdrawals. A general guideline is to have 6-12 months of expenses in liquid assets or savings accounts.

Also, check your insurance coverage. If you don’t have a pure term insurance plan, it's advisable to get one to protect your family from any unforeseen financial burdens. Health insurance is equally crucial to avoid dipping into your retirement funds during medical emergencies.

Final Insights
Your current SIP portfolio is well-rounded and has a mix of stability and growth potential. However, it’s important to:

Reassess your Nifty 50 fund and consider shifting towards actively managed large-cap funds.
Regularly review your portfolio with a Certified Financial Planner to adjust your allocations based on market conditions and your retirement goals.
Ensure you have an adequate emergency fund and the necessary insurance coverage to safeguard your retirement savings.
Remember, consistency and periodic reviews will ensure you meet your retirement goals effectively while minimizing risks.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

..Read more

Milind

Milind Vadjikar  | Answer  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Nov 17, 2024

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Dear Sir, I am 53 yrs. I want to retire @60 with a INR 2.00 Cr Corps. Currently I have following SIP Total SIP 30000/- PM Axis Bluechip Fund - Regular Plan - Growth HDFC Mid-Cap Opportunities Fund - Growth Plan Aditya Birla Sun Life Pure Value Fund - Growth Option Aditya Birla Sun Life Equity Advantage Fund - Regular Growth Sundaram Mid Cap Fund Regular Plan - Growth Bajaj Finserv Flexi Cap Fund -Regular Plan-Growth Franklin India Focused Equity Fund - Growth Plan Franklin India Smaller Companies Fund-Growth HDFC Top 100 Fund - Growth Option HDFC Multi Cap Fund - Growth Option I have MF Investment @ 26.00 Lakh Current Value is @ 52.00 Lakh. I have Savings of Rs. 10.00 Lakh, PPF Rs. 5.00 Lakh, Share investment Current Market Value around Rs. 20.00 Lakhs. I don't have any Loan. Insurance INR 1.50 Cr. up age of 70. Per month earning around Rs. 1.25 Lakh. I have a Investment in real estate which can give my INR 40.00 Lakh at current Market Price & Gold Investment of INR 20.00 Lakh which I think sufficient for my daughter Marriage. Current Monthly Expense INR 40-50 K. I am in a new tax regime, so discontinue my ELSS saving and PPF Saving. Suggest how i can increase my Corpus for retirement.
Ans: Hello;

You may top-up your monthly sip by 10% every year for 7 years. This will grow into a sum of around 0.51 Cr.

The MF corpus and direct equity holdings worth 0.72 Cr today will grow into a corpus of 1.59 Cr after 7 years.

Therefore you may achieve your intended corpus of 1.59+ 0.51=2.1 Cr, 7 years from now. A modest return of 12% is assumed from MF and direct equity holdings.

2-3 years before 60 you should start moving your gains from equity funds to liquid or ultra short duration debt funds to protect it against market volatility.

Also good health care insurance for yourself and your spouse.

RE property you may sell at a later date to boost your retirement income.

Happy Investing;
X: @mars_invest

..Read more

Latest Questions
Prof Suvasish

Prof Suvasish Mukhopadhyay  |1737 Answers  |Ask -

Career Counsellor - Answered on Jun 25, 2025

Asked by Anonymous - Jun 25, 2025Hindi
Career
Sir the kcet verification slip has been released now. But I have received my re evaluated cbse board marks now and there is an increment of 10 marks in PCM. Can I update my marks now and get a new rank somehow? And what is the procedure for that?
Ans: Yes, you can update your KCET application with your new CBSE marks after re-evaluation. However, whether it impacts your rank depends on the Karnataka Examination Authority (KEA) rules and when your revised marks are released—especially in relation to the KCET counseling schedule.

Here's what you should do:
1. Check the KEA Website
Go to cetonline.karnataka.gov.in.

Look for any announcements or FAQs about:

Updating marks after re-evaluation.

Impact on KCET 2025 ranks and verification slip changes.

Check if they mention a process for submitting updated marks from other boards like CBSE.

2. Understand the Timeline
KCET Counseling Start Date:
If your updated CBSE marks come before KCET counseling begins, you’ll likely be allowed to update them.

CBSE Re-evaluation Timeline:
Re-evaluation takes time. Check CBSE’s website for expected timelines so you know when to expect your updated marks.

3. If Re-evaluation Results Come Before Counseling
Collect Documents:

Original CBSE mark sheet.

Revised mark sheet (after re-evaluation).

A copy of the re-evaluation confirmation (if available).

Contact KEA:

Use their official helpline or email (from their website).

Ask specifically how to update your marks in their system.

Follow KEA Instructions:

If allowed, KEA will give you exact steps—possibly uploading documents online or via a specific portal.

Rank Might Change:

If your updated marks are submitted in time, KEA may recalculate your rank using the new scores.

4. If Re-evaluation Results Come After Counseling
Spot Admissions or Special Rounds:

If regular counseling is over, you may not be able to change your application immediately.

However, you might be eligible for spot admissions or extra counseling rounds (if seats are still available).

Stay in Touch with KEA:

Contact them and ask whether your revised marks can still be considered in any remaining rounds.

5. General Tips
Don’t Assume Anything:
Always rely on official updates from KEA and CBSE. Don’t act on rumors or hearsay.

Keep All Records:
Save copies of your application, payment receipts, emails, and any mark sheets (old and revised).

Ask for Help if Needed:
If confused, talk to an education counselor or someone experienced with KCET admissions.

...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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