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Reetika Sharma |626 Answers |Ask -Follow

Financial Planner, MF and Insurance Expert - Answered on Feb 18, 2026

Reetika Sharma is a certified financial planner and CEO of F-Secure Solutions.
She advises clients about investments, insurance, tax and estate planning and manages high net-worth individual’s portfolios.
Reetika has an MBA in finance from the Institute of Chartered Financial Analysts of India (ICFAI) and an engineer degree from NIT, Jalandhar.
She also holds certifications from the Financial Planning Standards Board India (FPSB), Association of Mutual Funds in India (AMFI) and Insurance Regulatory and Development Authority of India (IRDAI).... more

Asked by Anonymous - Jan 27, 2026Hindi

Dear Sir, I am 45 years old with a monthly net salary of Rs: 1.5 L with no loans or other liabilities. I have Rs 21 L in FDs, Rs 5 L in RBI bonds and Rs 55000 in Sovereign Gold Bonds. Physical gold is around Rs 5 Lakh. Corporate health insurance exists. Additionally, I am investing around Rs: 45000 every month in various schemes [ LIC (Rs 8500), PPF (Rs 5000), NPS (Rs 12000) and Mutual funds (Rs 19000). My monthly expense is around Rs: 50000 excluding the investments. The FDs are parked in reputed banks. I am in a new tax regime. Currently the investment in Mutual Funds via SIP is as follows- MIRAE Asset Tax saver fund-Direct Plan-Growth (Rs:1500), KOTAK Blue Chip Fund-Direct Plan-Growth (Rs:2000), SBI Gold fund (Rs:1000), Edelweiss Small Cap Fund Direct Plan Growth (Rs:1000), UTI Medium to Long Duration Fund (Rs:1000), Invesco India Largecap Fund-Direct Plan Growth (Rs:2000), HDFC Top 100 Fund - Direct Plan - Growth Option (Rs:2000), JM Flexicap Fund,(Direct) (Rs:1000), Axis Mid cap fund (Rs:1500), Franklin India ELSS Tax Saver-G (Rs:1500), ICICI Prudential Balanced Advantage Fund - Direct Plan – Growth (Rs:1000), Tata Young Citizens fund (Rs:1000), MOTILAL OSWAL ELSS TAX SAVER FUND - Direct (Growth)- (Rs:2500). My goal is to continue the mutual fund investments for at least 10 years. Please let me know if my investment portfolio is fine and suggest changes. Additionally, as each depositor in a bank is insured up to a maximum of ₹ Five Lakhs for both principal and interest amount held, I am wondering where do I invest the money in bulk especially in the future? Lumpsum mutual funds? Physical Gold? Is investing in commercial or residential properties advisable?

Ans: Hi,

Let me address your query one by one in detail:

- Monthly Income - 1.5 L ; Monthly Expenses - 50k; left with additional 1 lakh per month to save.
- FD - 21 lakhs. It is a very huge amount to keep in FD. Keep only 4-5 lakhs as emergency funds and move the rest into hybrid mutual funds. As FD interest is taxable on accrual basis and net return is even less than 5%. Consider redirecting the excess fund.
- You have corporate health insurance. You should buy additional personal health insurance as well as the corporate benefit will end when you will leave your job. Buy now so as to remove excessive premiums in the future.
- Also consider buying a term insurance worth 2 crores for safeguarding the future of your family.
- RBI Bonds - 5 lakhs. Continue holding, it is a good debt instrument.
- SGBs - hold till their validity date.
- Physical Gold - again keep holding the same.

Current ongoing monthly investments - 45k per month.
> LIC - 8500. LIC policies are not recommended as the net return given is only 4-5% and locked-in. Try to finish this or surrender this policy and avoid buying other policy in future.
> PPF - 5000 per month. It is good, continue till the term of 15 years is over and extend further til lyour retirement.
> NPS - 12k per month. Very good and continue this till you retire.
> Monthly SIP - 19k per month.
I can see the funds mentioned are all direct funds. Whilst direct are quite popular and over rated but choosing regular funds with proper guidance beats the return generated by a direct fund portfolio.
Your current fund selection is very over-diversified and doesn't seem inline with your profile. It needs a total reallocation in proper new funds.
STOP your current SIPs, connect with a professional, shift current accumulated money and start fresh SIPs into the new recommended funds. As a portfolio like this will only disappoint you in the future.

You also have a surplus of 50k for additional investment per month. Try increasing your monthly SIP from 19k to 45k per month for a secured future.

- FD: keep only 4 to 5 lakhs and shift rest.
- Rest amount into hybrid mutual funds.

Also do consult a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

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