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Ramalingam

Ramalingam Kalirajan  |7101 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 23, 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
Asked by Anonymous - May 18, 2024Hindi
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I am 43 years old working in IT company.i have 3 years daughter.currenyI earn 1.2 lakhs per year.Currently i have total invest in mf and stocks approx 70 lakhs.I have 2 lakhs in NPS and 3 lakhs in liquid fund for emergency purpose.i am investing monthly 50 lakha in mf and 20 lakha in stocks.My goal is accumulate 7 cr at the age of 60 years.i am planning to retire at the age of 52 and so something else till 60.can you help where i am in right direction in in my investment or not

Ans: Your commitment to securing your financial future is commendable, especially considering your responsibilities as a parent and your aspirations for early retirement. Let's assess your current investment approach and whether it aligns with your retirement goals.

I admire your dedication to financial planning, balancing your career, family, and long-term aspirations. It's essential to review your investment strategy periodically to ensure it remains aligned with your goals.

Assessing Current Investments
Analyzing Portfolio Composition
Your investment portfolio, comprising mutual funds, stocks, NPS, and liquid funds, reflects a diversified approach. This diversification helps manage risk and maximize returns over the long term.

Evaluating Investment Amounts
Investing 50 lakhs monthly in mutual funds and 20 lakhs in stocks demonstrates a significant commitment to wealth accumulation. However, it's crucial to ensure that these investments are in line with your risk tolerance and retirement objectives.

Aligning Investments with Retirement Goals
Retirement Age and Corpus Target
Planning to retire at 52 and accumulate 7 crores by age 60 is an ambitious yet achievable goal. To reach this target, it's essential to assess the adequacy of your current investment strategy and make any necessary adjustments.

Reviewing Asset Allocation
Considering your age and retirement horizon, reassessing your asset allocation is vital. Gradually shifting towards a more conservative allocation as you approach retirement can help safeguard your wealth against market volatility.

Evaluating Retirement Income Sources
NPS Contribution
With 2 lakhs invested in NPS, you're availing of a tax-efficient retirement savings avenue. Ensure you review your NPS investment periodically to optimize returns and monitor its alignment with your overall retirement strategy.

Liquid Fund for Emergency Fund
Maintaining 3 lakhs in a liquid fund for emergencies is prudent financial planning. This ensures you have readily accessible funds to address unexpected expenses without compromising your long-term investments.

Seeking Professional Guidance
Importance of Financial Planning
As a Certified Financial Planner, I emphasize the significance of regular financial reviews and adjustments. Consulting with a financial advisor can provide valuable insights into optimizing your investment strategy and achieving your retirement goals.

Addressing Risk Factors
Consideration should be given to risk factors such as market volatility, inflation, and longevity risk. A holistic financial plan addresses these risks through appropriate asset allocation, diversification, and contingency planning.

Conclusion
While your current investment strategy demonstrates diligence and foresight, periodic reviews and adjustments are essential to ensure it remains aligned with your retirement objectives. By seeking professional guidance and staying proactive, you're on the right path to achieving financial security and retirement freedom.

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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Ramalingam

Ramalingam Kalirajan  |7101 Answers  |Ask -

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

Asked by Anonymous - May 31, 2024Hindi
Money
Dear sir, I am running 43. My current investment portfolio is 27 Lakh in PPF, 3 Lakh in Mutual Funds with investment in 8 mutual fund with 1000 sip every month for each funds. Approx 10 lakh of gold, 5 lakhs in savings and 8 lakhs in stocks. I am yet to start a family and intend to have 2 kids if not atleast 1 as of now. My current salary is approx 80,000 a month. Kindly help me in guidance if my investment portfolio is right and what are other options where I can invest now on. I have my own house and EMI is 8000 every month. I also intend to buy new home worth 1 Cr approx. I have no fix plans to retire at 60 but would like to have monthly interest income of 1 lakh per month in next 18 years. So kindly guide me. Thank you,
Ans: Congratulations on maintaining a well-rounded investment portfolio at 43. Your diverse investments in PPF, mutual funds, gold, savings, and stocks are commendable. Your steady salary, owning a home, and planning for the future show a solid foundation for financial stability. Let’s analyze your current portfolio, identify potential improvements, and suggest strategies to achieve your financial goals.

Assessing Your Current Investment Portfolio
Public Provident Fund (PPF)
Your PPF investment of Rs 27 lakhs is a strong, secure component of your portfolio. PPF offers tax-free returns and safety, making it a reliable long-term investment. Continue contributing to maximize the benefits of compound interest and tax advantages.

Mutual Funds
You have Rs 3 lakhs in mutual funds, investing Rs 1,000 per month in each of 8 different funds. Diversification is good, but having too many funds with small SIP amounts may dilute returns. Consider consolidating into fewer, well-performing funds to optimize growth. Actively managed funds can provide better returns compared to index funds.

Actively Managed Funds vs. Index Funds

Actively managed funds are overseen by professional managers aiming to outperform the market. Despite higher fees, they often yield better long-term returns. Index funds, on the other hand, replicate market indices and offer average returns. For your goals, actively managed funds are more suitable.

Regular Funds vs. Direct Funds

Investing through regular funds involves a commission for mutual fund distributors (MFDs). The expertise of a Certified Financial Planner (CFP) ensures better fund selection and management. Direct funds save on commission but lack professional oversight. Regular funds offer better-managed investments, making them a wise choice.

Gold
Your gold investment of Rs 10 lakhs is a good hedge against inflation and economic uncertainty. Gold provides stability and can be a safe store of value. Consider allocating a portion of your investment to sovereign gold bonds or gold ETFs for better returns and safety.

Savings
Having Rs 5 lakhs in savings provides liquidity and security. Ensure this fund is easily accessible for emergencies. Consider moving a portion to a high-interest savings account or liquid mutual funds for better returns while maintaining liquidity.

Stocks
An Rs 8 lakh investment in stocks indicates a willingness to take higher risks for higher returns. Continue monitoring your stock portfolio and consider diversifying across sectors to manage risk better. Avoid excessive concentration in a single stock or sector.

Financial Goals and Future Planning
Monthly Interest Income Goal
You aim to have a monthly interest income of Rs 1 lakh in 18 years. This translates to Rs 12 lakhs annually. To achieve this, you need a well-diversified portfolio generating sufficient returns while preserving capital.

Strategies for Achieving Financial Goals
Increase Mutual Fund SIPs
Increase your SIP contributions in mutual funds. Focus on a mix of equity and debt funds to balance risk and return. Equity funds provide growth potential, while debt funds offer stability.

Review and Consolidate Mutual Funds

Review your current mutual funds and consolidate them into fewer, high-performing funds. This ensures better management and potential for higher returns. Actively managed funds can be a good choice for achieving higher growth.

National Pension System (NPS)
Consider investing in the National Pension System (NPS). It offers tax benefits and a mix of equity, debt, and government securities. NPS can provide a steady income post-retirement, complementing your other investments.

Systematic Withdrawal Plan (SWP)
Set up a Systematic Withdrawal Plan (SWP) from mutual funds to generate regular income. SWPs provide flexibility and potential for capital appreciation. This can be an effective way to achieve your monthly income goal in retirement.

Diversification for Stability and Growth
Debt Mutual Funds

Include debt mutual funds in your portfolio. They provide stability and regular income with lower risk compared to equity funds. Debt funds suit medium-term goals and act as a buffer against market volatility.

Equity Mutual Funds

Allocate a significant portion of your portfolio to equity mutual funds. They offer high growth potential, crucial for building a retirement corpus. Focus on funds with a good track record and consistent performance.

Insurance: Protection First
Life Insurance
Ensure you have adequate life insurance coverage to protect your family's financial future. Avoid investment-cum-insurance policies like ULIPs, LIC endowment plans, as they offer lower returns and inadequate insurance cover. Consider surrendering such policies and reinvesting the proceeds in mutual funds.

Health Insurance
Adequate health insurance is crucial. Review your existing health coverage and consider increasing it if necessary. Medical expenses can be substantial, and comprehensive health insurance will protect your savings.

Emergency Fund: The Safety Net
Maintain an emergency fund equivalent to 6-12 months of expenses. This fund should be easily accessible and kept in a high-interest savings account or liquid mutual fund. An emergency fund provides financial security against unforeseen expenses.

Saving for a New Home
You plan to buy a new home worth Rs 1 crore. Estimate the down payment and loan amount. Save for the down payment through a mix of fixed deposits, debt funds, and balanced funds. Ensure your EMI is manageable within your monthly budget.

Tax Planning
Efficient tax planning maximizes your disposable income. Utilize available deductions under Section 80C, 80D, and others. Your contributions to PPF, NPS, and mutual funds (ELSS) help in tax savings while building your corpus.

Reviewing and Rebalancing Your Portfolio
Regularly review your portfolio’s performance. Market conditions and personal goals change over time. Rebalance your investments to maintain the desired asset allocation. A CFP can provide valuable insights and adjustments.

Financial Discipline and Continuous Learning
Maintaining financial discipline is key to achieving your goals. Automate your investments to ensure consistency. Stay informed about financial markets and new investment opportunities. Financial literacy empowers better decision-making.

Seeking Professional Guidance
A CFP provides personalized advice aligned with your goals. Their expertise in financial planning ensures optimal investment strategies, tax efficiency, and risk management. Regular consultations help in adapting to changing circumstances and market conditions.

Conclusion
Your current investment portfolio is strong, but there are areas for improvement. Diversify your investments, increase SIP contributions, and focus on achieving your long-term goals. With careful planning and disciplined investing, you can achieve a secure financial future.

Invest wisely, stay disciplined, and enjoy a secure financial future.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |7101 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jun 07, 2024

Asked by Anonymous - Jun 03, 2024Hindi
Money
Hello, I am 38 years old and a sole earning member of 5 people family. I am earning around 2 lakhs per month from my business, currently i have 20 lakhs in mutual fund, 80 lakhs in fd and 10 lakhs in stocks, my monthly expense is 1.8 lacs which includes 42000 in mutual funds every month. I wish to retire at age of 45 and wants to have atleast 2 lacs every month towardsy expense, however i have a daughter of 9 years and her education and marriage also needs to he taken care off. Please suggest how should i invest further since the remaining 6 lacs are invested in fd's only.
Ans: I understand your situation and goals. You're in a commendable position with your current savings and investments. Let's create a strategic plan to help you achieve your retirement goals and secure your daughter's future.

Evaluating Your Current Financial Position
Income and Expenses
Monthly Income: Rs. 2 lakhs
Monthly Expenses: Rs. 1.8 lakhs (includes Rs. 42,000 in mutual funds)
Investments
Mutual Funds: Rs. 20 lakhs
Fixed Deposits (FD): Rs. 80 lakhs
Stocks: Rs. 10 lakhs
Monthly Savings: Rs. 42,000 (invested in mutual funds)
You are currently saving Rs. 20,000 per month after accounting for your mutual fund investment. This saving rate is crucial for your future financial planning.

Retirement Planning
Retirement Goal
Retirement Age: 45 years
Monthly Retirement Income Needed: Rs. 2 lakhs
You have 7 years until your retirement. Your goal is to generate Rs. 2 lakhs per month to cover your expenses during retirement.

Education and Marriage Planning
Your daughter is 9 years old. Her education and marriage will require significant funds. Let's estimate the costs and plan accordingly.

Education Costs
Assuming she will start college at age 18, you have 9 years to save for her higher education.

Estimated Education Cost: Rs. 25 lakhs (today's value)
Marriage Costs
Assuming marriage at age 25, you have 16 years to save for her marriage.

Estimated Marriage Cost: Rs. 20 lakhs (today's value)
Investment Strategy
Current Investments Analysis
Your current portfolio is well diversified but needs optimization for your retirement and your daughter’s future.

Mutual Funds (Rs. 20 lakhs): Provides growth through equity exposure.
Fixed Deposits (Rs. 80 lakhs): Safe but low returns.
Stocks (Rs. 10 lakhs): High risk but potentially high returns.
Optimizing Fixed Deposits
Fixed deposits provide safety but yield lower returns. Diversifying into higher-yielding investments can help achieve your goals faster.

Reallocate Rs. 40 lakhs from FDs to Mutual Funds: Invest in a mix of equity and debt funds for balanced growth.
Keep Rs. 40 lakhs in FDs for Safety: These can serve as an emergency fund and provide stability.
Mutual Funds
Continue your Rs. 42,000 monthly SIP in mutual funds. Consider increasing this amount gradually.

Target Annual Growth: Aim for 10-12% annual returns from mutual funds.
Stocks
Maintain your Rs. 10 lakhs in stocks but consider adding more blue-chip and dividend-paying stocks for stability and income.

Diversify Stock Portfolio: Focus on blue-chip stocks with good growth potential and dividends.
Additional Investments
You have Rs. 6 lakhs in remaining FD investments. Reallocate these funds to achieve better returns.

Invest in Balanced Funds: These funds provide a mix of equity and debt, offering moderate risk and returns.
Calculating Future Value of Investments
Retirement Corpus
Assuming a balanced portfolio growth rate of 10%, let's estimate the future value of your investments.

Current Mutual Funds (Rs. 20 lakhs):

Future Value in 7 years: Rs. 20 lakhs * (1 + 0.10)^7 ≈ Rs. 38.58 lakhs
Monthly SIP (Rs. 42,000):

Future Value in 7 years: Rs. 42,000 * [(1 + 0.10/12)^(12*7) - 1] / (0.10/12) ≈ Rs. 59.35 lakhs
Reallocated FDs to Mutual Funds (Rs. 40 lakhs):

Future Value in 7 years: Rs. 40 lakhs * (1 + 0.10)^7 ≈ Rs. 77.16 lakhs
Total Future Value of Mutual Funds: Rs. 38.58 lakhs + Rs. 59.35 lakhs + Rs. 77.16 lakhs ≈ Rs. 175.09 lakhs

Stock Portfolio
Assuming a growth rate of 12%:

Future Value of Stocks (Rs. 10 lakhs):
Future Value in 7 years: Rs. 10 lakhs * (1 + 0.12)^7 ≈ Rs. 22.1 lakhs
Fixed Deposits
Assuming a growth rate of 6% for the remaining Rs. 40 lakhs in FDs:

Future Value in 7 years: Rs. 40 lakhs * (1 + 0.06)^7 ≈ Rs. 60.5 lakhs
Total Retirement Corpus
Mutual Funds: Rs. 175.09 lakhs
Stocks: Rs. 22.1 lakhs
Fixed Deposits: Rs. 60.5 lakhs
Total Corpus: Rs. 257.69 lakhs
Monthly Withdrawal Strategy
To ensure a sustainable withdrawal rate, follow the 4% rule, which states you can withdraw 4% of your retirement corpus annually.

Annual Withdrawal: 4% of Rs. 257.69 lakhs ≈ Rs. 10.3 lakhs
Monthly Withdrawal: Rs. 10.3 lakhs / 12 ≈ Rs. 85,833
This amount falls short of your Rs. 2 lakhs monthly requirement. You need to generate additional income or adjust your lifestyle expectations.

Generating Additional Income
Consider part-time work, consulting, or passive income sources post-retirement.

Consulting: Use your business expertise to consult part-time.
Passive Income: Invest in dividend-paying stocks or rental properties for additional income.
Education and Marriage Planning for Daughter
Education Fund
Invest Rs. 25 lakhs in a mix of equity and debt funds with a 9-year horizon.

Future Value of Rs. 25 lakhs at 10% for 9 years: Rs. 25 lakhs * (1 + 0.10)^9 ≈ Rs. 59.1 lakhs
This amount should cover higher education costs.

Marriage Fund
Invest Rs. 20 lakhs with a 16-year horizon.

Future Value of Rs. 20 lakhs at 10% for 16 years: Rs. 20 lakhs * (1 + 0.10)^16 ≈ Rs. 89.85 lakhs
This amount should cover marriage expenses.

Insurance and Emergency Fund
Ensure you have adequate life and health insurance coverage.

Life Insurance: Secure a term insurance policy covering at least 10 times your annual income.
Health Insurance: Comprehensive health insurance for your family.
Emergency Fund: Maintain an emergency fund covering 6-12 months of expenses in a liquid form.
Review and Adjust Regularly
Regularly review your financial plan to ensure it stays on track.

Annual Review: Assess your portfolio's performance and make necessary adjustments.
Rebalance Portfolio: Rebalance your investments to maintain your desired asset allocation.
Genuine Compliments and Encouragement
Your current financial discipline and foresight are commendable. You are taking significant steps to secure your family's future. Stay focused and committed to your goals.

Conclusion
Retiring at 45 and securing your family's future requires strategic planning. Optimize your current investments, maintain disciplined savings, and ensure adequate insurance coverage. Regular reviews and adjustments will keep your plan on track. Consider additional income sources post-retirement for a comfortable lifestyle.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |7101 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Nov 07, 2024

Money
My investment as of now 2 Girls SSY with 16 lakh and 9 lakh depositing very year 3 lakh combined for both daughters. NPS 1.5 lakh with 50 K per year . PF 44Lakh with 10 K additional deduction per month. Mutual fund 40 Lakh with 80 K per month. Shars 11.5 Lakh . NSC of 12 Lakh re investing every 5 years. want to retire at 46 right now age 40 per month salary in hand 1.65 lakh is 8 CR enough as I own my house. what should i do more to have 8 CR at the age of 46 means in another 6 to 7 years. daughters age 8 years and 4 years . Family of 4
Ans: You have diligently built a robust portfolio and taken critical steps to secure your family’s future. Your investments across the Sukanya Samriddhi Yojana (SSY), NPS, Provident Fund, mutual funds, and stocks showcase a well-rounded approach to growth and stability.

Your goal is to accumulate Rs. 8 crore by age 46, which is 6-7 years away. Let’s examine your current allocations and recommend strategies to help you achieve your target with minimum risk while ensuring long-term growth for your family.

1. Review of Current Investments

Your investments reflect a thoughtful approach across different instruments. Here’s an overview of their potential impact:

Sukanya Samriddhi Yojana (SSY): With Rs. 16 lakh and Rs. 9 lakh invested for your daughters, contributing Rs. 3 lakh annually is ideal for long-term growth. The SSY interest rate is attractive, offering good returns that can cover educational expenses.

National Pension System (NPS): A yearly investment of Rs. 50,000 in NPS provides moderate growth. However, note that NPS is primarily for retirement benefits, with partial liquidity before 60.

Provident Fund (PF): Your PF of Rs. 44 lakh and Rs. 10,000 monthly addition offers stability. PF rates are generally higher than most fixed-income products, making it a great retirement vehicle.

Mutual Funds: Investing Rs. 40 lakh in mutual funds with an Rs. 80,000 monthly SIP indicates a strong equity focus. This will support higher returns in the long term, aiding in reaching your corpus goal.

Stocks: A portfolio of Rs. 11.5 lakh in direct stocks adds diversification. Continue monitoring these holdings for optimal growth.

National Savings Certificate (NSC): Your Rs. 12 lakh in NSC, reinvested every five years, offers secure returns, though generally lower than equity. NSC is a good component for capital preservation.

2. Retirement Corpus Analysis

To achieve Rs. 8 crore in 6-7 years, let’s consider a balanced growth-focused approach. Your current portfolio value and ongoing contributions provide a solid base. Given a mix of equity, fixed income, and SSY, your potential to reach Rs. 8 crore looks realistic, provided market returns align favorably over time.

Suggested Strategy Adjustments:

Increase SIPs marginally for mutual funds over the next few years. A 10-15% SIP increment can significantly compound your wealth by your target age.

Evaluate your stock portfolio periodically. Aim for quality growth-oriented stocks and avoid high-risk or speculative investments to preserve capital.

3. Enhancing Your Portfolio Strategy

A clear roadmap to enhance growth while managing risk is essential. Here’s a refined strategy for your goal of Rs. 8 crore:

Mutual Funds: Continue prioritizing actively managed funds over index funds. Actively managed funds allow better control over market volatility and have the potential to outperform. Consider increasing your SIP in diversified funds and explore funds that focus on mid- and large-cap equities for stable returns. Avoid direct funds; regular funds through an MFD with a Certified Financial Planner (CFP) provide valuable guidance, optimizing returns with tailored investment insights.

National Savings Certificate (NSC): Consider NSC as a fixed-income backup. Given its low return rate, prioritize reinvestment only if its returns remain competitive against alternative fixed-income options.

National Pension System (NPS): NPS will add value post-retirement, but it lacks liquidity before retirement age. While your annual Rs. 50,000 investment benefits from tax deductions, avoid further increasing it as it will not contribute to your 6-7 year goal.

4. Tax Efficiency and Portfolio Rebalancing

With long-term capital gains (LTCG) on equity mutual funds and short-term gains taxed at 20%, consider:

Setting a long-term strategy to avoid frequent transactions. This will minimize LTCG tax, enhancing net returns. Only redeem equities if essential.

For debt funds, consider short-term fixed-income instruments as they align better with your income tax bracket.

5. Education and Marriage Fund for Your Daughters

Planning for your daughters' future is crucial. SSY is a good foundation, but enhancing it with additional investments will strengthen this corpus:

Balanced Funds: Consider adding balanced mutual funds for your daughters’ future needs. They offer moderate growth with lower risk, making them ideal for long-term goals.

SIPs with Step-Ups: A 10% yearly step-up in your SIPs allocated for their education and marriage could accumulate a strong corpus by the time they reach college-going age.

6. Emergency Fund and Insurance Coverage

Your focus on wealth accumulation should not overlook risk management. Here are essential adjustments:

Increase Emergency Fund: Ensure that your emergency fund covers at least 12 months of expenses. Allocate Rs. 8-10 lakh across liquid instruments like short-term debt funds for instant access during unforeseen events.

Insurance Adequacy: Ensure you have sufficient term insurance to cover your family’s financial security. Verify that your life insurance covers liabilities and future education and lifestyle expenses for your children.

7. Structured Approach Towards Asset Allocation

Balancing your portfolio to align with a moderate risk tolerance for the next 6-7 years will reduce potential losses while achieving growth.

Fixed Income: Gradually increase your PF and other debt allocations, as these provide stability and guaranteed returns. This ensures a steady income during volatile market phases.

Equity Allocation: Keep equities dominant in your allocation, as they are the main growth driver. Equity mutual funds, specifically, will play a significant role in achieving your Rs. 8 crore target.

Regular Portfolio Review: Annually review and adjust your portfolio. A CFP can guide you on specific fund performances and market conditions, ensuring your portfolio stays on track.

8. Aligning Goals with Family Security

Since you aim to retire early, ensuring the financial security of your family is essential. Here’s how to safeguard your family’s future:

Establish a Family Trust: Consider setting up a family trust if you aim to secure and pass on assets seamlessly. It can reduce inheritance issues and provide tax-efficient transfers for your children’s benefit.

Child-Specific Funds: Allocate a separate, conservative fund for each child’s major expenses (e.g., marriage or higher education). Consider child plans with a mix of equity and debt, specifically designed to build wealth for such milestones.

9. Final Insights

Your financial journey so far has been effective and well-structured. Minor adjustments, increased SIPs, and a focus on asset allocation will strengthen your goal of achieving Rs. 8 crore by age 46. Regularly consult a Certified Financial Planner (CFP) to stay on track with evolving market trends and optimize your wealth.

Implementing these strategies will not only help you achieve your retirement corpus but also ensure a secure and comfortable future for your family.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

..Read more

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Relationships Expert, Mind Coach - Answered on Nov 24, 2024

Asked by Anonymous - Nov 22, 2024
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I was in a relationship with a boy(he is 35 yrs old man, and a lawyer but not practising in a court, he had a lot of relationship during our relationship and after break up , He had changed 4, 5 women or used them physically) for 3 years. It has been three-four months. We are not in a relationship. We have broken up. I told him to delete our personal pics and videos. He is not deleting them and is not blackmailing me either. I told him that since we don't want to be together, we don't have a future together, then delete them. He is not deleting them and is not blackmailing me either and I want him to delete them. Who knows what will come to his mind in the future and what will happen. If we don't continue, he has no right to Keep the pics in your mobile, whatever video is personal to us, don't delete it and don't blackmail me either. I am not able to understand what should I tell him, although I have requested him a lot to delete it but he is not doing it either, He told me that I have kept ur pics and videos So that I cannot complain against him in future. so what should I do, please guide me. I know I had made a huge mistake to love him and gave him right to keep personal pics or videos..
Ans: At this point, it’s essential to protect your emotional and mental health while addressing this issue. You might consider seeking support from someone you trust, such as a close friend or family member, to share this burden. Talking to someone who knows you and your situation can provide comfort and practical guidance.

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You’re not alone in this, and it’s okay to seek help—whether that’s legal advice, emotional support from loved ones, or even professional counseling to navigate the stress and anxiety this situation might be causing. The most important thing now is to take steps that protect your peace of mind and ensure your future isn’t weighed down by his actions.

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Milind

Milind Vadjikar  |687 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Nov 24, 2024

Asked by Anonymous - Nov 23, 2024Hindi
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Money
Hello Team, Hi Dev Sir, I am 43 years old employed. Here are my financial stats: Loan - 35 lacs Saving- 27 lacs 1 house bought in 2009 at rent (14000/month) and valued at 60 lacs Another house which I live is valued at 90 lacs Monthly income after tax - 2.5 lac Monthly expenses- 1 lac PF/gratuity - 16 lacs MF - 2 lacs NPS - 4 lacs What are my options to retire after 5 yrs with good corpus?
Ans: Hello;

What is your monthly contribution to EPF, NPS and MFs?

Please clarify so as to advise you suitably.

Thanks;

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Career
Sir i am currently in class 11 th and i just want to prepare for jee mains and advanced 2026 exam so give me some roadmap to achieve and also guide me for computer science
Ans: Shreya, I trust that you have already enrolled in a coaching center, whether it be online or in person, and have finished your eleventh syllabus. (1) If you have not yet created your own short-notes for the 11th syllabus that has been completed, prepare it and continue to revise them every three days until 2026, even after you have commenced studying the 12th syllabus in December 2024. (2) Review the questions that you have incorrectly answered or skipped in mock tests conducted by your Coaching Center and/or practiced independently. (3) In order to increase your rank/percentile by targeting computer science at a reputable college/institute, prioritize mathematics (although all three subjects are equally important). (4) You should be thorough with NCERT books, particularly those pertaining to chemistry, in conjunction with the materials provided by your coaching institute. (5) Have 1-2 reference books for each subject. Not exceeding two. (6) Review the questions that were incorrectly answered or skipped in your mock and practice exams and retake the test. It is advisable to maintain a distinct note-book for these types of questions, which should include answers and elucidating notes, in order to review them repeatedly for all three subjects. (7) Download the SYLLABUS of JEE Main 2025 (available on Google by searching for "JEE Main Information Bulletin") and print it out, as there will be no significant changes to the syllabus in 2026. Maintain it on your study table and continue to update the 11th syllabus chapters and concepts that you have covered to date by marking them with a checkmark. This will boost your confidence if you continue to update the same till November 2025. (8) A slight difference in Syllabus might be visible when you acquire the 2026 JEE Main / JEE Advanced Syllabus. The same can be resolved within 15 days to one month in 2025-26. (9) Increase your productivity by studying for 45 minutes to 1 hour, taking a 10-minute break, and then continuing for 45 minutes. (10) Take a 2-3 minute break every 45 minutes while practicing questions, whether offline or online. This break should consist of closing your eyes and taking long breaths to enhance your concentration and mental capacity. (11) Additionally, it is recommended that you acquire the 20-40 PREVIOUS years question paper book of JEE (Main & Advanced) from Amazon. Arihant's, Disha's, or MTG's publications are recommended. Once you have finished reading a chapter, practice and complete it to determine the extent to which you have comprehended the concepts and to identify areas that require improvement. (12) By October 2025, ensure that you have reviewed significantly more than 90% of the previous years questions. Your confidence will be further bolstered by this. (13) After the mock test is completed at your coaching center, clarify all incorrectly answered or ignored questions and continue to revise and practice them, as these types of questions will significantly disrupt your performance in the actual JEE. (14) If you are a regular school student, inquire with your class teacher about the minimum attendance requirement as outlined in the Board's regulations (State, CBSE, ICSE, etc.). Utilize the remaining 15% by taking time off and preparing for your JEE, if only 85% attendance is required. (15) THE MOST IMPORTANT Value Added Suggestion: Rather than solely relying on JEE, please participate in 5-7 entrance exams/counseling process with a JEE score for getting admission into any one of the private engineering colleges to have a variety of options to select the most suitable one. All the BEST for Your Prosperous Future.

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Radheshyam

Radheshyam Zanwar  |1062 Answers  |Ask -

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Nov 23, 2024

Asked by Anonymous - Nov 23, 2024Hindi
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Career
My son graduated BE CSC with 8.9 CGP was offered a job as system engineer inTCS in April when he was in his 8th semister. Till November 23 he didn't get the on boarding letter, in the meantime whe appeared in two' exams under same offer. Advice what has been going on.
Ans: Hello.
Whatever you are saying is just shocking. The track record of TCS is not like that, as you described in your question. It would be better to contact TCS again and ask them when they will give on boarding letter. It is not clear from your query whether your son had done some correspondence with TCS or not related to the job offered. It is also not clear which two exams he appeared in. If not selected in a campus interview, searching for a job might be tedious but not so difficult. Ask your son to post a strong resume on the LinkedIn portal and remain in touch with his seniors. Please visit the websites of renowned companies daily to search for vacancies. There are many job-offering portals where he can register his name. Please ask the college placement division for any placement opportunities.
Wishing the best of luck for his bright future.

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Thanks.

Radheshyam

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T S Khurana

T S Khurana   |197 Answers  |Ask -

Tax Expert - Answered on Nov 23, 2024

Asked by Anonymous - May 11, 2024Hindi
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Money
Can you please suggest on capital gains as per Indian taxation laws arising in the below two queries : 1) property purchased with joint ownership, me and my wife’s name in 2015 at a cost of 64,80,000, housing improvements done for the cost of 1000000 and brokerages of 200000 paid and sold the same property at 10000000 in Dec 2023? 2) 87% of the proceeds got from the deal i.e 8700000, have been reinvested to pay 25% amount in purchasing another joint ownership property in Dec 2023, 3) I have invested in another under construction property in Nov 2023 by taking housing loan, which is on me and my wife’s name worth 1.4 cr, here the primary applicant is me only while wife is just made a Co applicant in the builder buyer agreement and also on the housing loan . So what are the LTCG tax liabilities arising from the above 3 scenarios for FY 2023-2024 and FY 2024-2025. I intend to sale off the property acquired in (2) by Dec 2024 and use that proceeds to close the housing loan for the property acquired in (3), will this sale of property be inviting any tax liabilities if the complete proceeds received from the sale of the property in (2) would be utilised to close the housing loan taken in Nov 2023 for the property in (3) ? Since in FY 23-24, I would be claiming the LTCG from the sale proceeds of 1) invested in the purchase of property in 2), and I intend to sale off this property in Dec 2024, will the LTCG claim be forfeited on the property sale in (1), should I hold this property at least for further 1 year so that sale of this property in 2) will not invite STCG?
Ans: (A). Let's first talk about F/Y 2023-24 :
You jointly sold a Property during the year for Rs.76.80 lakhs (64.80+10.00+2.00), & sold the same for Rs.100.00 lakhs.
You have jointly also purchased Property No.3 (I suppose it is Residential only), for Rs.140.00 lakhs.
You should avail exemption u/s-54 & file your ITR accordingly. Please disclose all details about sale & purchase in your ITR.
02. Now coming to the F/Y 2024-25 :
You intend to Sell Property No.2, which was acquired in 2023-24. Any Gain on Sale of it would be Short Term capital Gains & taxed accordingly.
Alternatively, you may hold this sale of property no.2 (for 2 years from its purchase) & avoid STCG
You are free to utilize the sale proceeds in a way you like, including paying off your housing Loan.
Please note to avail exemption u/s 54 only from investment in property no.3 & not 2.
Most welcome for any further clarifications. Thanks.

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