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Ramalingam Kalirajan |2330 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 30, 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

Question by Navinraj on Jan 02, 2024Hindi

Money

I am 46 years old and plan to invest 65,000 PM in sip for my daughters' education, marriage, and my retirement. For her education, I need 45 lakhs (current cost) in 8 years, and for her marriage, I need 40 lakhs (current cost) in 12 years. I need 2 crores in 12 years for my retirement. My profile is that of a moderately aggressive risk-taker. I currently have 45 lakhs in my mutual fund portfolio. The current mutual fund portfolio is a mix of midcap, flexicap, and small cap funds. I am currently doing a SIP of 20000 in Canara Robeco Emerging Equities-Direct-Growth, a Rs 5000 sip in DSP Small Cap Fund-Direct-Growth, a Rs 5000 SIP in Invesco India Infrastructure Fund-Direct Plan Growth, and a sip of 10000 in Kotak Emerging Equity Fund-Direct Plan-Growth. I have employee insurance and additional term insurance on my own. I have employee medical insurance and top up family medical insurance of Rs 5 lakh on my own. I have paid off my home loans. I want to increase my current sip of Rs 40000 to 65000 pm. Please suggest if my financial goals are achievable. Plese suggest SIP mutual funds to meet my goals for my daughter's education, marriage, and retirement. Can I maintain one portfolio to achieve all the goals or different portfolio with different funds for each goal with different Mutal funds in each portfolio?

Ans: It's inspiring to see your commitment to securing your family's future! With a moderately aggressive risk appetite, aligning your SIPs with your financial goals is crucial. To ensure success, consider diversifying your SIPs across equity mutual funds targeting different goals. For your daughter's education and marriage, opt for funds with a higher equity allocation for growth potential. For your retirement, balance risk with diversified funds focusing on wealth preservation. Regularly review your portfolio's performance and make adjustments as needed. Remember, financial planning is a journey, and with prudent decisions and disciplined investing, achieving your goals is indeed achievable.

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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Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Aug 11, 2021

Question by Ashley - Aug 11, 2021Hindi

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Below is my portfolio. Would highly appreciate if you can suggest if it is good or any changes required? Total current investment in SIP is Rs 12,000 (Which now I want to make it Rs 15K) kindly advise a good additional SIP for investing 3K monthly. Also let me know if the MF in lump sum are good? Or any changes required. I am now 45 years of age and my total savings as of date is Rs 13 Lacs only. Kindly advise how much more investment would I have to make to collect a good amount for my son's education and retirement - I have 2 son's aged 12 and 8. My current salary is Rs 1.5 Lacs and wife is also working with a salary of 30 K. Also I keep breaking SIP and lumpsum in between for emergency use. Let me know if that will affect my long terms plans of collecting funds SIPs: NAME OF MUTUAL FUND AMT INVESTED PER MONTH - (LONG TERM) Axis Focused 25 - Growth - RS - 2,OOO /- ICICI Prudential Focused Equity - Growth RS - 2,OOO /- HDFC Top 100 - Growth RS - 2,OOO /- Kotak Standard Multicap Fund - Growth RS - 2,OOO /- L&T Midcap - Growth RS - 2,OOO /- Motilal Oswal Multicap 35 - Growth RS - 2,OOO /- LUMPSUM NAME OF MUTUAL FUND AMT INVESTED LUMPSUM - (LONG TERM) DSP Focus - Growth RS - 1 LAC (INVESTED IN APRIL 2016) ICICI Pru Long Term Eq Fund ( Tax Sav) - Growth RS - 1 LAC (INVESTED IN APRIL 2016) Kotak Bluechip Fund - Growth RS - 1 LAC (INVESTED IN APRIL 2016) Nippon India DYNAMIC BOND FUND - Growth Plan RS - 1 LAC (INVESTED IN APRIL 2016) Mirae Asset Focused Fund - Growth RS - 50K (INVESTED IN AUG 2019) Mirae Asset Midcap Fund - Growth RS - 25K (INVESTED IN AUG 2019)

Ans: Prudent approach is to have the family covered for medical and life with pure insurance product.

Post that, create a corpus for emergency fund that should be 6 month of monthly expenses.

Only post that investment is recommended.

Depending upon your cash flows, mode of investment can be SIPs or lumpsums; however, SIPs are recommended.

Existing funds are okay; for further investment Axis ESG Equity Fund – Growth or UTI Flexi Cap fund – Growth can be considered

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Dec 28, 2021

Question by Ashley - Dec 28, 2021Hindi

Money

Below is my portfolio. I would highly appreciate if you can suggest if it is good or any changes are required. The total current investment in SIP is Rs 12,000 (which now I want to make Rs 15,000). Kindly advise a good additional SIP for investing Rs 3,000 monthly. Also let me know if lumpsum investment in MFs is good or any changes are required. I am now 45 years of age and my total savings as of date is Rs 13 lakhs only. Kindly advise how much more investment I would have to make to collect a good amount for my sons' education and retirement. I have two sons aged 12 and eight. My current salary is Rs 1.5 lakhs and my wife is also working with a salary of Rs 30,000. Also I keep breaking my SIP and lumpsum investment in between for emergency use. Please do let me know if that will affect my long term plan of collecting funds. My SIPs are: Mutual Funds Plan Amt invested per month (long term) Axis Focused 25 Growth Rs 2,000 ICICI Prudential Focused Equity Growth Rs 2,000 Canara Robeco Emerging Equities Regular Growth Rs 3,000 Kotak Standard Multicap Fund Growth Rs 2,000 L&T Midcap Growth Rs 2,000 Motilal Oswal Multicap 35 Growth Rs 2,000 I have lumpsum investment in: Mutual Funds Plan Amt Invested (long term) DSP Focus Growth Rs 1 lakh (invested in April 2016) ICICI Pru Long Term Equity Fund (Tax Saver) Growth Rs 1 lakh (invested in April 2016) Kotak Bluechip Fund Growth Rs 1 lakh (invested in April 2016) Nippon India Dynamic Bond Fund Growth Rs 1 lakh (invested in April 2016) Mirae Asset Focused Fund Growth Rs 50,000 (invested in April 2019) Mirae Asset Midcap Fund Growth Rs 25,000 (invested in April 2019)

Ans: These are good funds, please continue.

Sunil Lala |190 Answers |Ask -Follow

Financial Planner - Answered on Jan 05, 2024

Asked by Anonymous - Jan 02, 2024Hindi

Money

I am 46 years old and plan to invest 65,000 PM in sip for my daughters' education, marriage, and my retirement. For her education, I need 45 lakhs (current cost) in 8 years, and for her marriage, I need 40 lakhs (current cost) in 12 years. I need 2 crores in 12 years for my retirement. My profile is that of a moderately aggressive risk-taker. I currently have 45 lakhs in my mutual fund portfolio. The current mutual fund portfolio is a mix of midcap, flexicap, and small cap funds. I am currently doing a SIP of 20000 in Canara Robeco Emerging Equities-Direct-Growth, a Rs 5000 sip in DSP Small Cap Fund-Direct-Growth, a Rs 5000 SIP in Invesco India Infrastructure Fund-Direct Plan Growth, and a sip of 10000 in Kotak Emerging Equity Fund-Direct Plan-Growth. I have employee insurance and additional term insurance on my own. I have employee medical insurance and top up family medical insurance of Rs 5 lakh on my own. I have paid off my home loans. I want to increase my current sip of Rs 40000 to 65000 pm. Please suggest if my financial goals are achievable. Plese suggest mutual funds for SIP to meet my goals for my daughter's education, marriage, and retirement. Can I maintain one portfolio to achieve all the goals or different portfolio with different funds for each goal with different Mutal funds in each portfolio?

Ans: Your current Funds are good you can add in same funds and also add some amount of SIP in Large & Midcap fund of some good fund house. Your corpus of 45 Lakh can grow to 1.75 crores in next 12 years. With the SIP of 65K you can achieve the education and marriage cost of your daughter too. Also no need to specify funds for different goals, just maintain one portfolio. Your employees medical insurance will lapse once you are retired so increase your medical insurance

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Dating, Relationships Expert - Answered on May 16, 2024

Asked by Anonymous - May 10, 2024Hindi

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Hello Sir, it has been 4 years since I got married. I have two kids. My wife loves me a lot. One day, in a casual conversation, she told me about her past life before marriage. I too had physical relations with a friend. Since then, I have been in depression. What should I do? I am unable to understand. Should I separate or leave her. Although now she keeps crying that that was the past. Now I love you very much, but I am unable to understand what to do. Please guide us. I feel that my life has been ruined. I am unable to understand ????????

Ans: Dear Anonymous,

I am assuming that whatever your wife confessed happened before you met her. And assuming that I want to ask you, are you seriously mad at your partner for having a life before you even existed for her? Is that even something to be concerned about? Everyone has a past. If you did not, that's your choice. She did, that's hers. How can you judge her for something that happened before you two got married? This anger, no matter how real it feels, is quite baseless. You are ruining your peace and marriage for nothing.

And you say, "She is crying that that was her past," why does she have to cry? It was indeed in her past. It is entirely up to the person whether they want to disclose it or not. Past is supposed to be in the past. Have a clear discussion with your wife. If things don't seem to cool down, I recommend seeing a marriage counselor who can help sort this issue in a more structured way.

Best Wishes.

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Dating, Relationships Expert - Answered on May 16, 2024

Asked by Anonymous - May 16, 2024Hindi

Relationship

Dear LG, Please keep this anonymous. I have been married since 6 years. However, since past 5+ years we have not been intimate. We haave a 5&1/2 year kid. Since his birth we have had a lot of differences and his family interference was lot leaving me alone and wounded. I don't stay with my husband and in-laws since then. I had made up that work is worship. But 2 years back I met a colleague. He is 10 years younger to me and we have extremely similar vibes. We enjoy each other's company and cared a lot. Eventually i fell in love with him. But he always knew he wont be able to go against his family. We also had relationship. Now he has strated looking for girls and wants us to stop being intimate. He is saying he wants to be friends and not loose me but not have relationship. We both work together in same space and our area of work is also same. I am unable to forgive my husband and forget this person. He never goes away. He is always there telling that I want to see you happy. He needs me for professional development. And i am not able to loose our relationship. He says physical intimacy only I cant have remaining Im there. Then again says I don’t know when I will be there so I am unable to give assurance or promise. I am tormented with a child, work and my health is getting affected. Can you please help?

Ans: Dear Anonymous,

I am sorry that you are in such a tough spot. My advice would be to move on. Yes, I realize that it is easier said than done but let's put things into perspective- first, you have no future with this man, and he has made it clear. Are you okay to keep hanging on to him while he builds his own life? I am assuming no, especially since you have a child. Second, what about your self-respect? He is directly telling you that this relationship is headed toward a dead end. Do you believe you deserve to be with someone who does not want to settle down with you? I believe you deserve better.

I am not blaming him because he made no promises. You are not to be held guilty either because you were in a tough spot and you grabbed the first emotional support you found. But the current reality is that he wants out. And convincing him to stay is not an option. At this point, moving on with your head held high is the best decision. If you want to accept his friendship, that is completely fine. But if that's too much for you, you can always decline it. I understand that working in the same space with an ex is difficult, but as long as you avoid interacting outside of the office and keep things professional, there should not be an issue. On the emotional front, I won't lie, it will hurt for a while. But this too shall pass. I strongly recommend you not to value yourself so low that you stop believing that you deserve a person who loves you back as much as you love him.

Best Wishes.

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Financial Planner - Answered on May 16, 2024

Asked by Anonymous - May 13, 2024Hindi

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I am 25 and earning 41k a month. My monthly expenses are 19k and I save around 22k a month. I have started investing in mutual funds and investing 12k/month. My financial goal is to have a corpus of 4-5 Cr at the time of my retirement. Would like to retire at 55. Should I consider investing in NPS? Please advise.

Ans: Increase your SIP in mutual funds as with current investment of SIP you will be able to make 2.25 to 2.5 crore

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Financial Planner - Answered on May 16, 2024

Question by Shambhu - May 13, 2024Hindi

Money

I am 45 yrs old .i hv started investing in Mutual fund through Sip approx month 2.4lakh since last 6 month. I hv plan to keep investing for next 3 yrs in same pattern and subject to availability of fund remaining I can continue further for next 5 yrs . Following are investment UTI nifty 200 momentum 30 index - 50 k Nippon nifty 250 small cap index fund -25k ICICI prudential mid cap 150 index fund-20 k HDFC s&p Sensex index fund-20 k Aditya Birla psu equity fund-20 k Motilal Oswal mid cap fund-20k HDFC infrastructure fund-20 k HDFC large and mid cap fund-10 k Quant small cap-10k Nippon small cap -10 k Parag flexi cap- 10 k Mahendra manulife multicap- 10 k Sbi contra fund-10 k Please advise on my fund selection and suggest which plan to to be removed or amend with new plan suggested from you

Ans: Your funds are good

Sunil Lala |190 Answers |Ask -Follow

Financial Planner - Answered on May 16, 2024

Asked by Anonymous - May 13, 2024Hindi

Money

Dear All, I am 34 years old. I have 204 lakhs as savings out of with 110 lakhs is debt and 95 lakhs in equity majorly in Large Caps. I own a real estate which fetches me 30k every month. I have a EPF corpus of 28 lakhs and PPF of 15 lakh. I have 1 year old daughter. I am debt free with independent home and a package close to 35 lakhs. I want to know how do I further allocate the money. In Mutual Fund, Gold or SSY or continue to add equity and debt. I want to be Financially independent. Your view would be of great help.

Ans: Increase your allocation in equity or equity mutual fund as you are too young and your goals are long term.

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Financial Planner - Answered on May 16, 2024

Asked by Anonymous - May 14, 2024Hindi

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I am 30 years old now . Planning to retire early in next 10 years.I don't have any pension flowing in. What will be the corpus required to achieve 1 lakh per month in SWP method. Without reducing the corpus accumulated?

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Financial Planner - Answered on May 16, 2024

Asked by Anonymous - May 14, 2024Hindi

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I'm a 36 Year-old parent with two children aged 2 and 3, prioritizing their education and marriage. Mutual Fund - All in monthly SIP (with yearly 10% increase) Mirae Large and midcap - 5500 SBI smallcap - 6500 ICICI value Discovery - 4000 Quant Active Fund - 4000 Motilal microcap - 1000 Axis Gold fund - 4000 (just started) Current MF value - 13.50 Lakhs (incl XXIR - 20%) LIC - 1,00,000 per year (15 years term) already 5 years over. Expectations: Next 15 years, both kids education - 2 cr. Next 20 years, both kids marriage - 2 cr. Could you review my portfolio, if I'm on the right track to achieve 4 crore.

Ans: Your funds are good but you may not reach to your goal of 4 crores

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Financial Planner - Answered on May 16, 2024

Question by Vaibhav - May 15, 2024Hindi

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Dear Sir, I have revisited my investments and found that some of them are not performing well with respect to their peers in their categories. Can I know your opinion on below funds - HSBC Aggressive Hybrid Fund, Adity Birla Sun Life Focused Fund, Canara Robeco Emerging Equities, SBI bluechip Fund. Should I keep my money invested in them, or should I move the money to better funds.

Ans: What is your age

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Financial Planner - Answered on May 16, 2024

Asked by Anonymous - May 15, 2024Hindi

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Age - 43years, Own house - Value around 50 Lacs, MF investments - 35 Lacs, Equity SIPs running - 20k, FDs - Emergency fund (5 Lacs), Salary - 30 Lacs p.a., I would like to buy house of 2 crore in next 2-3 years.. when should I sell my current house which is valuing around 50 Lacs to have limited tax liability.

Ans: In the year of buying new house

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Financial Planner - Answered on May 16, 2024

Asked by Anonymous - May 15, 2024Hindi

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Hello sir, I am 33 years old and started my SIP one month ago with ?4,200/month invested in the following funds: SBI Contra Direct Plan Growth, HDFC Mid Cap Opportunities Direct Plan, Tata Equity P/E Fund, Quant ELSS Tax Saver, ICICI Prudential Equity & Debt Fund, HDFC Small Cap Fund, and Nippon India Large & Small Cap Fund. Can this portfolio get me ?2 crore return after 20 years? Also have plans later can add parag flexi, and quant mid cap.

Ans: Your SIP is 4200/- ?

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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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