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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Aug 09, 2022

Mutual Fund Expert... more
Ganesh Question by Ganesh on Aug 09, 2022Hindi
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I am 42. I have started investment in below funds one year ago. My salary is Rs 43,000 per month.

  • Axis blue chip - sip Rs 1000, total investment Rs 70000 as I invested lump sum also
  • Axis long term equity - Rs 2000, total investment Rs.12009
  • Axis growth opportunities - Lump sum Rs 49000
  • Canara Robeco - Rs.30,000
  • Parag Parekh flexi cap - Rs.10000
  • Kotak Balanced Advantage - Rs 30000

I have 10 year old son, single child.

Goals:

Son’s education - need 10 lakh after 7 years

Retirement - need 1 crore after 15 years

Ans: Please break the above details in SIP and lump sums for me to advise properly.

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  |7981 Answers  |Ask -

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

Asked by Anonymous - Apr 29, 2024Hindi
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Hello sir I am 43 and from 2017 monthly invested sbi mf 5000 Kotak small cap fund 2500 mirae asset elss 2500 icic pru 2500 and sbi blue chip 1500.. currenly hve salary 1.35 lakh and have obligation of Rs 55 k monthly.. ppf 10000 monthly invest and 5000 nps investment if you suggest better please guid future gol of monthly 1.50 lkh
Ans: Your consistent monthly investments since 2017 reflect admirable financial discipline. Let's review your current investments and suggest potential adjustments to align with your future goals.

Review of Current Investments
1. SBI MF Monthly Investment:

Allocation: ?5,000 monthly.
Assessment: SBI Bluechip Fund may offer stability and consistent returns, suitable for long-term wealth creation.
2. Kotak Small Cap Fund:

Allocation: ?2,500 monthly.
Assessment: Small cap funds offer high growth potential but come with higher risk due to volatility.
3. Mirae Asset ELSS:

Allocation: ?2,500 monthly.
Assessment: ELSS funds provide tax benefits with potential for equity market growth. Suitable for long-term goals.
4. ICICI Pru Fund:

Allocation: ?2,500 monthly.
Assessment: Depending on the specific fund, ICICI Pru offers a range of options catering to different risk profiles.
5. SBI Blue Chip Fund:

Allocation: ?1,500 monthly.
Assessment: Provides exposure to bluechip companies, offering stability and steady returns.
6. PPF and NPS Investments:

Allocation: ?10,000 in PPF and ?5,000 in NPS monthly.
Assessment: PPF and NPS offer tax benefits and retirement savings, contributing to long-term financial security.
Potential Adjustments and Suggestions
1. Review of Existing Funds:

Performance Check: Evaluate the performance of your current funds against benchmarks and peers.
Risk Assessment: Consider your risk tolerance and investment horizon when assessing the suitability of each fund.
2. Optimal Allocation:

Strategic Rebalancing: Consider rebalancing your portfolio to align with your financial goals and risk tolerance.
Diversification: Aim for a well-diversified portfolio across asset classes and investment styles.
3. Additional Investments:

Increase Monthly Contributions: Since you aim to increase your monthly investment to ?1.50 lakh, consider allocating the additional funds strategically.
Asset Allocation: Ensure a balanced allocation across equity, debt, and other asset classes based on your risk profile and financial goals.
4. Professional Guidance:

Engage a Certified Financial Planner (CFP): Seek personalized advice from a CFP to optimize your portfolio and ensure it aligns with your long-term objectives.
Financial Planning: A CFP can help create a comprehensive financial plan considering your income, expenses, goals, and risk tolerance.
Final Thoughts
Your current investment strategy demonstrates a commitment to long-term wealth creation and financial security. To optimize your portfolio for your future goal of increasing your monthly investment to ?1.50 lakh, consider reviewing the performance of your existing funds and making strategic adjustments. Seeking professional guidance from a Certified Financial Planner can provide valuable insights and ensure your investments are on track to meet your goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |7981 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 22, 2024

Asked by Anonymous - Jul 03, 2024Hindi
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I am 32 yr age I am central government employees my investment is 11500 mutual funds is prag parikh flaxi fund 4500, Canara rebeco bluechip direct fund 3500 Axis small cap 3500 Kya m sahi investment kr rha hu
Ans: Let's evaluate your current portfolio and provide insights on how to enhance it for long-term growth.

Analysis of Current Investments
Mutual Funds Allocation:

Parag Parikh Flexi Cap Fund: Rs 4,500
Canara Robeco Bluechip Direct Fund: Rs 3,500
Axis Small Cap Fund: Rs 3,500
Total Investment:

Rs 11,500
Your portfolio includes a mix of large-cap, flexi-cap, and small-cap funds. This diversification helps balance risk and returns.

Assessment of Direct Funds
Disadvantages of Direct Funds:

Lack of Guidance: Direct funds don't offer professional advice.
Time-Consuming: Requires active management and research.
Risk: Potential for higher risk without expert guidance.
Benefits of Regular Funds via CFP:

Expertise: Certified Financial Planners (CFPs) provide professional advice.
Convenience: Saves time on research and management.
Risk Management: CFPs help tailor investments to your risk profile.
Recommendations for Enhanced Portfolio
Diversification:

Ensure a balanced mix of equity and debt funds.
Consider adding debt funds for stability.
Long-Term Focus:

Prioritize funds with a proven track record.
Stay invested for the long term to maximize growth.
Alternative Investment Options
Mutual Funds:

Equity Funds: For long-term growth. Suitable for your age and risk profile.
Debt Funds: For stability. Balances the risk in your portfolio.
Public Provident Fund (PPF):

Benefits: Tax savings and stable returns.
Long-Term: Suitable for building a retirement corpus.
Detailed Insights on Investment Strategy
Benefits of Actively Managed Funds:

Professional Management: Managed by experienced fund managers.
Flexibility: Adjusts to market changes for better returns.
Research: Backed by extensive research and analysis.
Your Portfolio Enhancement Strategy
Balanced Portfolio:

Mix of equity and debt funds for balanced growth.
Continue SIPs for disciplined investing.
Professional Guidance:

Invest through a CFP for tailored advice.
Benefit from expert insights and risk management.
Final Insights
Your current investments are well-diversified. Consider the benefits of investing through a CFP for professional guidance. This can help you manage risks and achieve long-term growth. Regularly review and adjust your portfolio to stay aligned with your financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |7981 Answers  |Ask -

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

Asked by Anonymous - Jul 15, 2024Hindi
Money
Good day Sir, I am 37 years old, I own a 2 bhk house in panvel and car which is debt free. Currently I do not have any ongoing loan. I am a seafarer , I sail for around 7 months on ships and 5 months on land, while on land I do not have any income. My salary package is 65 lakhs/year. My investments are as below. I wish to be invested in LIC for 15 years till the maturity date. LIC FAMILY PLAN - Investment started in Au2024 - with quaterly plan total of 57700/quater 1. LIC JEEVAN LABH 836 SELF 2. LIC JEEVAN LABH 836 WIFE 3.LIC JEEVAN TARUN -834 1ST CHILD 4. LIC JEEVAN TARUN - 834 2ND CHILD Above is for 15 years for self and wife and for children it is 20 years maturity date. Mutual funds - Planning to be invested only for 10 years. 1.HDFC LIFE SAMPOORN NIVESH-HEFC FLEXI CAP FUND , TAKEN FOR SLEF -INVESTING 2.0LAKHS/YEAR FOR 5 YEARS., INVESTMENT STARTED IN JAN 2024, WITH 5 YEARS LOCKIN PERIOD. 2. MAX LIFE NIFTY SMALLCAP QUALITY INDEX FUND. TAKEN FOR WIFE. INVESTED 2.0 LAKHS/ YEAR INVESTED IN JAN 2024 WITH 5 YEARS OF LOCKIN PERIOD. 3.SBI CONTRA FUND REGULAR GROWTH - LUMPSUM , INVESTED 50K IM DEC 2023. SIP's Planning to be invested for 10 to 15 years 1.Kotak small cap fund 2500/ month 2.axis bluecip fund 2500/ month 3.Edelwesis mid cap fund 2500/ month 4.Canara MF 2500/Month 5.ICICI Prudential INDIA opportunities fund 2500/ month 6.ICICI Prudential Blue chip fund 2000/month 7.Tata small cap fund 3000/ month 8 Tata ethical fund regular plan growth 5000/month.. 9.SBI large and midcap regular growth 800/ week 10.SBI small cap fund direct growth 10000/month 11.SBI Automative opportunities fund dire t plan growth 5000/ month. Sharemarket Parga parek 50k INR shares. Crypto- 1 lakhs investment. Request you to reveiw my investment, I am planning to have a corpus of 10 crore till i retire, which i will be planning till the age of 45 to 50 years. I have 2 son, current age are 7 years and 5 years. Also want to build a good corpus for there education. Also in next 2 years i will be planning to build emergency funds around 10 lakhs, and that i wish to park in liquid funds, so i will be able to get some minimum growth. I also have mediclaim of 40k per year for my family. Term plan for 2 cr. As per my retirment planning is the above investment enough to grow 10cr in next 13 years. Thanks and warm regards Ramiz
Ans: Hello Ramiz,

It's great to see your detailed investment strategy. You have made significant strides in planning for your future and your family. Your current investment portfolio is diverse and well-structured. Given your goal of accumulating a corpus of Rs 10 crore by the age of 50, let's review your investments to ensure they align with your objectives.

Current Investment Overview
Life Insurance Policies
You have invested in several LIC plans for yourself, your wife, and your children. While LIC policies provide financial security and maturity benefits, they often offer lower returns compared to other investment avenues.

Mutual Funds
Your mutual fund investments are a mix of equity and hybrid funds, with a focus on long-term growth. This is a good approach as equity mutual funds tend to provide higher returns over the long term.

Systematic Investment Plans (SIPs)
Your SIPs are spread across various fund categories, including small cap, mid cap, and blue chip funds. This diversification helps mitigate risk while aiming for significant returns.

Stock Market and Cryptocurrencies
Investing in the stock market and cryptocurrencies adds another layer of diversification. However, these investments come with higher volatility and risk.

Emergency Fund and Insurance
Planning to build an emergency fund of Rs 10 lakhs in liquid funds is wise. Your mediclaim policy and term plan ensure financial protection for your family.

Review and Recommendations
Life Insurance Policies
LIC policies are secure but may not offer the best returns for wealth creation. Considering the lock-in period and the lower returns, you might want to reassess these investments.

Consider Surrendering Policies: You could surrender some LIC policies and reinvest the proceeds into mutual funds or SIPs with higher growth potential. This can accelerate your corpus building.
Mutual Funds
Your mutual fund investments are generally well-chosen. However, let's focus on maximizing their potential.

Actively Managed Funds Over Index Funds: Actively managed funds have the potential to outperform the market, unlike index funds which mirror market performance. Your mutual funds should remain actively managed to benefit from professional expertise and potential higher returns.

Regular Plans Over Direct Funds: Regular plans offer access to professional advice through Certified Financial Planners (CFP), which can be beneficial for making informed decisions and navigating market complexities.

SIPs
Your SIP investments are well-diversified, which is excellent for balancing risk and return. Here are some additional thoughts:

Continue Diversification: Your SIPs in small cap, mid cap, and blue chip funds ensure a balanced risk profile. Continue this strategy to maintain growth and stability.

Review Performance Regularly: Keep an eye on the performance of your SIPs and make adjustments as needed. This ensures your investments stay aligned with market conditions and your goals.

Stock Market and Cryptocurrencies
While these are high-risk investments, they can yield high returns. Here's how to approach them:

Limit Exposure: Given their volatility, limit your exposure to stocks and cryptocurrencies to a small percentage of your overall portfolio. This will protect your capital while allowing for potential growth.

Stay Informed: Keep abreast of market trends and news related to your stock and crypto investments. This will help you make timely decisions and mitigate risks.

Emergency Fund
Building an emergency fund in liquid funds is a sound strategy. Liquid funds provide easy access to your money and offer some returns.

Regular Contributions: Make regular contributions to your emergency fund until you reach your Rs 10 lakhs goal. This disciplined approach ensures you are prepared for any financial contingencies.
Insurance
Your current insurance coverage seems adequate. The mediclaim policy and term plan provide necessary financial protection.

Review Coverage: Periodically review your insurance coverage to ensure it meets your family’s needs. Adjust the coverage if necessary to keep pace with inflation and changing life circumstances.
Planning for Children's Education
Building a corpus for your children's education is crucial. Here are some strategies:

Invest in Child-specific Plans: Consider child education plans that offer a mix of equity and debt. These plans are designed to provide significant returns over the long term and ensure funds are available when needed.

Regular Investments: Continue regular investments in SIPs and mutual funds. This will help grow the education corpus systematically.

Consider Education Loans: If required, education loans can supplement your savings and ensure your children receive the best education without financial strain.

Achieving the Rs 10 Crore Goal
To reach your goal of Rs 10 crore by the age of 50, focus on the following strategies:

Increase Investment Amounts
Boost SIP Contributions: Gradually increase your SIP contributions as your income grows. This can significantly enhance your corpus over time.
Optimize Portfolio Returns
High-growth Investments: Allocate a portion of your portfolio to high-growth investments like mid-cap and small-cap funds. These have the potential to offer higher returns.
Monitor and Rebalance
Regular Review: Conduct regular reviews of your investment portfolio. Rebalance it periodically to ensure it remains aligned with your goals and risk tolerance.
Tax Planning
Utilize Tax-saving Instruments: Invest in tax-saving instruments like ELSS (Equity Linked Savings Scheme) to reduce your tax liability and increase your effective returns.

Tax-efficient Withdrawals: Plan your withdrawals in a tax-efficient manner to maximize the amount available for your goals.

Final Insights
Your current investment strategy is robust and well-diversified. By making a few adjustments, you can optimize your portfolio to achieve your financial goals. Focus on high-growth investments, regularly review your portfolio, and ensure your insurance coverage is adequate. With disciplined investing and strategic planning, you are well on your way to achieving your Rs 10 crore target and securing your family’s future.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

www.holisticinvestment.in

..Read more

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Kanchan

Kanchan Rai  |544 Answers  |Ask -

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Kanchan

Kanchan Rai  |544 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Feb 17, 2025

Asked by Anonymous - Feb 17, 2025
Relationship
I am 36 married and have children. My life was going very well untill a girl who was my junior collegue married with children showed an interest in me as i was her senior some seven years back. The girl kept on keeping in touch with me then and one fine day i expressed my romantic interest in her. She reciprocated. We had some physical then and no sex happened. She kept in touch with me and we exchanged few sex chats too. In this period i helped girl officially. All stopped suddenly three years back where the girl was back to her home place. I felt very disturbed. I wanted to have sex with her but the girl rarely responds now. I send her messages some times but reply is very measured. I lost interest in having sex with my wife gradually. My question is i feel cheated now. I want to know how to get over her thoughts. I still want to have sex with her but there is no interest for her. I am not able to do sex with other woman too as my mind is deeply engrossed in her thoughts still. Please help.
Ans: The first step to getting over her thoughts is to acknowledge your feelings without judgment. It's okay to feel hurt, rejected, or confused. You're not alone in this, and these emotions are a natural part of the human experience. However, continuing to chase after someone who isn't reciprocating your feelings is only prolonging your pain.

You need to accept that she has moved on, even if she did show interest in the past. People’s feelings and circumstances change, and it’s likely that she decided to prioritize her family and her life away from you. Holding on to the desire to be with her is preventing you from moving forward. It’s crucial to let go of the fantasy of what could have been and focus on the reality of the situation.

To start the healing process, consider cutting off all communication with her. Continuing to reach out, even if it's just occasionally, keeps the wound open. Delete her contact information, block her on social media, and avoid places or situations that might remind you of her. It may seem extreme, but it’s a necessary step to break the cycle of obsessive thoughts.

Reconnecting with your own life is the next important step. Reflect on your marriage and figure out what led to the emotional distance with your wife. Was it purely because of the attraction to this other woman, or were there underlying issues in your marriage before that? Understanding this can help you decide how to move forward, whether it's by working on rebuilding intimacy with your wife or seeking couples' counseling to address any unresolved issues.

It’s also vital to focus on yourself. Engage in activities that you enjoy, pursue new hobbies, and spend quality time with your children. Sometimes, redirecting emotional energy into positive experiences helps to lessen the emotional grip someone has over you.

If the thoughts about her continue to dominate your mind, or if you’re struggling with feelings of guilt, sadness, or anger, consider seeking support from a therapist or counselor. They can help you process these emotions, explore the reasons behind your attachment, and guide you toward healing and self-acceptance.

Remember, it’s not just about moving on from her but also about rediscovering yourself and finding fulfillment in your life and marriage once again. You're not alone, and it's okay to seek help when you're feeling stuck.

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Kanchan

Kanchan Rai  |544 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Feb 17, 2025

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Relationship
I am 17 and my parents are threatening me to get married or they will put my bf in some fake cases, without my knowledge they fixed the date and my boards exams are approaching im really scared no one is supporting me in my family what shall I do ?
Ans: No one should be forced into marriage, especially when you're so young and trying to focus on your education. You have rights, and it's important to remember that child marriage is illegal. You are not alone, and there are people and organizations that can help you.

Since your safety and well-being are the priority, try reaching out to a trusted teacher, school counselor, or another adult you trust. They can help you navigate this situation and provide the support you need. If you feel unsafe or need urgent help, consider contacting a child protection helpline or a legal aid organization in your area. They are trained to handle situations like this and can provide you with guidance and protection.

It's crucial to stay calm and gather as much information as possible. If it's safe, keep records of any threats or conversations related to this issue. If you feel comfortable, try having a calm conversation with your parents about your concerns and how this is affecting your mental health and education. Sometimes, approaching the situation from an emotional and respectful perspective can help, but only do this if you feel safe doing so.

Your education and future are important, and no one has the right to take that away from you. If you need more support or guidance, let me know. You are strong, and you will get through this.

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Kanchan

Kanchan Rai  |544 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Feb 17, 2025

Asked by Anonymous - Feb 14, 2025Hindi
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I wanted to surprise my girlfriend on Valentine's Day so I booked a flight from Chennai and reached her office late evening yesterday. We had a small argument but she continued to text me throughout the week so I didn't bother. When I reached her office, she had left early. I saw bouquets and gifts on her desk from a guy named Amit. She has never mentioned this name before. I called her to talk, she declined my call and sent a message saying she is busy at work. The receptionist told me she left early with her colleague. I am a bit shocked and don't know how to react to all this. I haven't told her yet that I was in her office.
Ans: It’s understandable that this situation would leave you feeling unsettled, especially with the unanswered questions swirling in your mind. Before jumping to conclusions, take a moment to gather your thoughts. It's easy for our minds to race to the worst-case scenario, but sometimes things aren't as they initially seem.

You should have an honest and calm conversation with her. It might be tempting to confront her right away, but giving yourself a little time to cool off will help you approach the conversation with a clearer mind. When you do talk to her, try to avoid sounding accusatory, as this could make her defensive. Instead, share how you feel and what you observed. You could say something like, "I wanted to surprise you and came to your office, but I noticed some things that confused me. Can we talk about it?" This approach keeps the focus on your feelings and invites her to explain without feeling attacked.

Be prepared for any outcome, but also be open to hearing her side of the story. The name Amit might have an innocent explanation, or it could reveal something deeper. Either way, her reaction and how she communicates with you will tell you a lot about where you stand in the relationship. Regardless of the outcome, it's essential to prioritize your emotional well-being. If you need support or just someone to vent to, reach out to trusted friends or family members.

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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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