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Ramalingam

Ramalingam Kalirajan  |8092 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 12, 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
Ghosal Question by Ghosal on Dec 18, 2023Hindi
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I am 43 years now wish to generate 3.5 cr in next 15 years throuh MF SIPs suggest funds and amont to be invested . Ongoing SIPs as under Canara robeco hybrid equity fund 1000, mirae asset emerging blue chip fund 1000 sbi magnum global 2000, sbi focused equity fund 1500, sbi multicap fund 1000,sbi magnum child 1500, icici value discovery fund 3000

Ans: Dear Ghosal,

To achieve your goal of generating ?3.5 crore in 15 years through MF SIPs, consider increasing your SIP amounts and diversifying your portfolio. Allocate funds across equity and hybrid funds for growth potential and risk management. Suggested additions may include Axis Bluechip Fund, HDFC Mid-Cap Opportunities Fund, and ICICI Prudential Balanced Advantage Fund. Consult with a financial advisor for personalized recommendations tailored to your risk profile and investment objectives.

Best regards,
Ramalingam, MBA, CFP
Chief Financial Planner
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  |8092 Answers  |Ask -

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

Asked by Anonymous - Jan 19, 2024Hindi
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I am planning to invest 50k/ month as Sip, for 20+ year investing horizon, Can u please suggest me funds in mf.. Goal: wealth creation
Ans: For long-term wealth creation through SIPs, it's essential to select mutual funds with a proven track record of delivering consistent returns and managing risk effectively. Here are some categories of mutual funds that you may consider:

Large Cap Equity Funds: These funds invest in large, well-established companies with stable growth prospects. They offer relatively lower risk and can provide steady returns over the long term.
Multi Cap Equity Funds: These funds have the flexibility to invest across companies of various market capitalizations, providing diversification and potential for higher returns.
Mid Cap and Small Cap Equity Funds: These funds focus on mid-sized and small-sized companies with high growth potential. While they carry higher risk, they also offer the possibility of generating substantial returns over the long term.
Equity Index Funds: These funds aim to replicate the performance of a specific stock market index, such as the Nifty 50 or Sensex. They offer low expense ratios and can be suitable for investors seeking market returns with minimal active management.
When selecting specific mutual funds within these categories, consider factors such as the fund's historical performance, expense ratio, fund manager's track record, and investment philosophy.

It's essential to diversify your SIP investments across multiple funds to spread risk and maximize potential returns. Additionally, regularly review your portfolio and make adjustments as needed to ensure it remains aligned with your financial goals and risk tolerance.

Before making any investment decisions, I recommend consulting with a Certified Financial Planner who can provide personalized advice tailored to your unique financial situation and goals.

..Read more

Ramalingam

Ramalingam Kalirajan  |8092 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 09, 2024

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Hello Dev, I am 32 years old and would like to start SIP for 5k per month to create retirement corpus of 1 crore. Also would like to generate 30 lacs in another 10 years for closing housing loan. Already have three MF SIP as below. Quant active fund 1000 Quant ELSS tax saver fund 500 ICICI prudential corporate bond fund 150 Kindly suggest in which MF should I invest further and also how much should I increase the SIP amount to achieve the above goals. Thank you.
Ans: It's great to see your proactive approach towards planning for your financial future. Your dedication to investing is commendable.
Starting an SIP with 5k per month is a wise decision to create a retirement corpus of 1 crore. Additionally, generating 30 lakhs in 10 years to close your housing loan is a smart goal.
Considering your existing SIPs in Quant Active Fund, Quant ELSS Tax Saver Fund, and ICICI Prudential Corporate Bond Fund, you have a good foundation. However, to diversify your portfolio and align it with your goals, you may want to consider the following suggestions:
1. Equity-oriented funds with higher growth potential can help you achieve your long-term goals. Look into diversified equity funds or multi-cap funds for exposure to various segments of the market.
2. Since your investment horizon is long-term, you can afford to take slightly higher risks for potentially higher returns. Adding more equity-oriented funds can help you achieve this.
3. To generate the required amount for your housing loan closure in 10 years, you may need to increase your SIP amounts gradually. Consider reviewing your financial situation periodically and increasing your SIP contributions accordingly.
4. As a Certified Financial Planner, I recommend staying disciplined with your investments and adhering to your financial plan. Regularly review your portfolio's performance and make adjustments as needed to stay on track towards your goals.
By diversifying your portfolio and gradually increasing your SIP amounts, you can work towards achieving your financial objectives effectively.
Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |8092 Answers  |Ask -

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

Asked by Anonymous - Apr 07, 2024Hindi
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Hello, I am 32 years old and would like to start SIP for 5k per month to create retirement corpus of 1 crore. Also would like to generate 30 lacs in another 10 years for closing housing loan. Already have three MF SIP as below. Quant active fund 1000 Quant ELSS tax saver fund 500 ICICI prudential corporate bond fund 150 Kindly suggest in which MF should I invest further and also how much should I increase the SIP amount to achieve the above goals. Thank you.
Ans: Building Your Retirement Corpus and Closing Your Home Loan: A Two-Pronged Approach
Starting an SIP at 32 is a great decision! Let's analyze your current situation and suggest ways to achieve your goals:

Current SIPs:

Diversification: Your existing SIPs cover some diversification with a large-cap fund (Quant Active), tax-saving (Quant ELSS), and a debt fund (ICICI Prudential Corporate Bond).

Goal Alignment: Review if your existing SIP allocations are aligned with your goals. Consider increasing the debt fund SIP for your short-term goal (closing home loan).

Reaching Your Goals:

Retirement Corpus: Creating a ?1 crore corpus in a specific timeframe requires considering factors like investment horizon, risk tolerance, and expected returns. A CFP can help with calculations based on realistic assumptions.

Home Loan Closure: Generating ?30 lacs in 10 years is achievable with a focused approach. Debt funds and balanced funds can be suitable options, offering stability and some growth potential.

SIP Allocation and Increase:

Debt SIP Increase: Consider increasing your SIP in ICICI Prudential Corporate Bond Fund (or a similar debt fund) to accelerate your home loan closure.

New SIP for Retirement: Start a new SIP for retirement, focusing on equity funds with a longer investment horizon. Actively managed equity funds involve experienced fund managers who try to pick stocks to outperform the market. Actively managed funds come with higher fees compared to passively managed funds.

Risk Tolerance: Choose a mix of equity funds (large-cap, mid-cap) based on your risk tolerance. A CFP can help you determine the ideal asset allocation.

Professional Guidance:

Personalized Plan: A Certified Financial Planner (CFP) can create a detailed SIP plan considering your risk tolerance, financial goals, and existing investments. They can recommend specific debt and equity funds based on your needs and suggest appropriate SIP amounts for each goal.
Remember:

Regular Review: Review your SIPs (at least annually) to ensure they remain aligned with your evolving goals and risk tolerance.

Market Fluctuations: Equity markets are volatile. Stay invested for the long term to ride out market ups and downs.

By taking action now, diversifying your SIPs, and potentially seeking professional guidance, you can work towards achieving your financial goals!

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

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Dating, Relationships Expert - Answered on Mar 10, 2025

Asked by Anonymous - Mar 08, 2025Hindi
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I have been in relationship with my boyfriend for the past 11 months..and its gonna be a year in this April.I love him so much that I am in a point that I can't let him leave me nor I can leave him.He gives me the support and love I always wished for.There is nothing more than him that I want in my life.But the issue is with my past. When he proposed me itself, I told the harsh truth about my past relationship,that I am not virgin like him and I got pregnant with my ex .And since he is virgin he can't accept the fact that I lost my virginity.In the beginning of the relationship he has told me if he is virgin, he wants his girl also to be virgin.If he was not a virgin then this won't be a problem for him. He can't understand nor he can't accept that I lost my virginity and got pregnant.There is a twist to this story also.In the beginning I told him that I have got pregnant in my past, but after that I told him I am not sure because my test results I saw was negative. I am not sure whether I got pregnant or not, my doctor is telling me its all my hallucinations.I have been dealing with anxiety since 7 years and I am having treatment.My padt is not affecting me now but it is affecting him making him overthink a lot and I can't see him suffer like this.Before I came to his life,he was telling his family that he don't want marriage and he will be single for life.I know that my past is not smthg that every boy can accept.But he told me that he can't accept my past ever in this life nor he can't stop overthinking about it.And because of this he wants to leave me even though he loves me.He literally told me that he can fight for me and be in a relationship with me but with the condition that I have to see him suffer.I told him to see my doctor who can better explain my past to him.But it's been months I have been telling him this and still now he didn't took an effort to see my doc.I can't even imagine spending a moment of my life with him.I found my home in him.But my concern is that is he loving me like I do.If he loves me that much he will stick on to that one reason to be with me and he is not doing.Other than the fact that he can't accept my past and it is making him suffer,everything between us is good.Should we consult a relationship expert.He told me that it is better to end this now rather than getting married in future and face problems because of this and fighting with each other and finally getting a divorce.He might be correct if this issue is not resolved now,it might create problems in the longrun.But the thing is I can't change my past and whatever happened to me was not my fault.My past has become a curse in my current relationship.I can assure that my past will not create any issue in our marriage if he can accept it somehow and not overthink about it.If we continue this relationship he have to live with the overthinking about my past for my happiness.Otherwise also if we both breakup I will suffer more because of it and he too will also suffer because he left me.He is telling that the problem is with him that he can't accept my past.What should I do to fix this problem and make him accept my past and understand my love for him?
Ans: Dear Anonymous,
I am really sorry that you are in such a tricky situation. It looks like you already know that your past is not your fault, so I don't have to remind you of that. I just want you to keep reminding yourself the same thing whenever you feel the doubts creeping in. Now, coming to your partner- though it is a little unfair that he is judging you by your past, it would also be unfair to him because he clearly mentioned that he wants someone like himself; someone without any intimate experience. I cannot explain to you why that is important to so many people, but since he has been upfront about his preference, I think it is only fair to let him decide what he wants with this relationship. Also, if he is convinced that this past thing will cause problems in the future, it really isn't the best decision to move on with the relationship like everything is okay. Accept that things are not alright, and give him the space to cool down. Do not try to convince him to get back together- I know it will be hard but it is extremely important for both your futures. If he comes back, then great. If he doesn't, you should know that it's for the best.
I know you think your life will be messed up without him, and you will forever be sad, but you are wrong. It won't. Great things will happen to you because you deserve them all.
Best Wishes.

...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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