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Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on May 13, 2022

Mutual Fund Expert... more

Question by Vivek on May 13, 2022Hindi

Money

I am 47, self-employed and have the following SIPs under myself, wife and daughter since 3 years.

Large Cap AXIS BLUECHIP -REG 5000

Multi AXIS FLEXICAP 2000

Large& Mid MIRAE ASSET 4000

Large AXIS FOCUSSED 25 5000

Mid cap L&T Midcap Growth 5000

Focussed ABSL MNC 3000

Large& Mid DSP EQUITY OPPO FUND 2000

Small Cap DSP SMALL CAP 5000

Flexi Parag Parikh Flexicap 5000

Mid cap PGIM Mid Cap 5000

International Axis Global Innovation 5000

Flexi Nippon Flexi Cap 4000

Small Cap Kotak Small cap 5000

International Motilal Oswal Nasdaq 5000

Please suggest whether to continue same or add/delete any to prepare for a corpus of 2 Cr for retirement, 1 Cr for daughter education and 1 Cr for daughter’s wedding. If need to increase the SIP contribution to achieve the target, which ones to top up or add?

Ans: Considering tenure as 16 years for retirement (47 years old) and last 3 years (3+13) for retirement, daughter’s education and marriage will be much earlier: 5-8 years (education) 10 years marriage

- For Retirement --- Rs. 32,000 SIP for 16 years

- For Daughter’s Education (considering 8 years) – Rs. 60,000 SIP for 8 years

- Daughter’s Marriage ( 10 years) – Rs. 40,000 SIP for 10 years

Hence Rs. 1.32 lakh SIP per month is required, or, start with lower amount with 10k to 15k top up every year

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 Sep 09, 2021

Question by Navneet - Sep 09, 2021Hindi

Money

I am 41 years old and work in a private sector company. I will retire at the age of 58 years. I have been making SIP investments as listed below. My object is long term fund accumulation. In my family I have parents, my wife and two kids (12 and 6 years). Please guide for any further addition in SIPs upto Rs 8K to Rs 10K. Also advise if I should stop any of the SIPs. Mutual Fund - Through monthly SIP SIP Per Month Number of yeas invested 1. SBI Small Cap Fund Regular Growth Rs 2,500 2 2. SBI Focused Equity Fund Direct Growth Rs 1,500 2 3. NIPPON INDIA VALUE FUND -- GROWTH PLAN Rs 2,000 7 4. NIPPON INDIA LARGE CAP FUND -- GROWTH PLAN Rs 2,250 4 5. ICICI Prudential Value Discovery Fund -- Growth Rs 2,000 2 6. HDFC Top 100 Fund -- Growth Rs 2,500 9 7. HDFC TaxSaver -- Growth Rs 2,000 9 8. HDFC Mid-Cap Opportunities Fund -- Growth Rs 1,500 5 9. HDFC Flexi Cap Fund Growth (Erstwhile HDFC Equity Fund) Rs 2,000 6 10. Franklin India Smaller Companies Fund -- Growth Rs 2,000 4 11. DSP Mid Cap Fund, Reg -- G Rs 2,000 5 12. DSP Focus Fund, Reg -- G Rs 2,000 2 13. DSP Equity Opportunities, Reg -- G Rs 2,000 2 14. Aditya Birla Sun Life Tax Relief '96 Fund (ELSS U/S 80C of IT ACT) -- Growth, Regular Plan Rs 2,000 4 15. Aditya Birla Sun Life Frontline Equity Fund -- Growth, Regular Plan Rs 2,000 1 16. Aditya Birla Sun Life Equity Advantage Fund - Growth, Regular Plan Rs 2,000 4 I have also made one time investment in the funds listed below. Please guide for any switching. I also want to invest an additional Rs 80K to Rs 1 lakh. Please guide. Mutual Fund One Time investment Investment HDFC Low Duration Fund -- Growth Rs 50,245 HDFC Mid-Cap Opportunities Fund - Direct Plan -- Growth Option Rs 22,500 HDFC Small Cap Fund -- Regular Plan, Growth Rs 25,000 HDFC Housing Opportunities Fund -- Direct Plan, Growth Option Rs 20,000 Aditya Birla Sun Life Resurgent India Fund Series 6 -- Direct, Growth Rs 20,000 Aditya Birla Sun Life Low Duration Fund -- Regular Plan, Growth (formerly known as Aditya Birla Sun Life Cash Manager) Rs 79,578 Aditya Birla Sun Life Frontline Equity Fund -- Direct Plan, Growth Rs 44,000 ICICI Prudential Bluechip Fund -- Growth Rs 25,000 ICICI Prudential Value Fund Series 19 -- Direct Plan, Cumulative Rs 20,000 L&T Midcap Fund -- Growth Rs 25,000 SBI Focused Equity Fund Regular -- Growth Rs 25,000

Ans: Your portfolio has too many funds, it's over-diversified.

Lumpsums can be continued.

In SIPs, you may continue with 1, 2, 5, 8 and 11.

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Nov 18, 2022

Question by Donnie - Nov 18, 2022Hindi

Money

I am 43 years old. Currently I have a Mutual Fund Corpus of Rs 39 Lakh. My SIP Monthly Investments are as follows: 1) HDFC Midcap Opportunities Fund Direct Growth- Rs 10,000/- 2) HDFC Small Cap Direct Growth - Rs 5,000/- 3) L&T Emerging Business Fund Direct Growth - Rs 5,000/- 3) L&T MidCap Direct Growth - Rs 5,000/- 4) Mirae Asset Emerging Bluechip Fund Direct Growth - Rs 15,000/- 5) Mirae Asset SnP 500 ETF Fund of Fund - Rs 20,000/- 6) Tata Hybrid Equity Fund Growth - Rs 5,000/- Total Monthly SIP is Rs 70,000/- but of late the Mirae Asset SnP 500 SIP is on hold by them. My target is a corpus of Rs 10 crore on my retirement which would be at 60 years. Kindly advice if I need to increase my SIP or change any plans.

Ans: In 17 years Rs. 70K can create a corpus of Rs. 6 cr

Rs. 39 lakh can grow up to Rs. 3.2 cr

Total of 9 cr.

Advait Arora |1263 Answers |Ask -Follow

Financial Planner - Answered on May 24, 2023

Question by Khilan - May 23, 2023Hindi

Money

Hello sir need assistance for the following SIPs i am investing right now. What more should i add as i need to increase my portfolio 1- aditya birla sunlife flexicap fund growth regular. 2- edelweiss balanced advantage fund growth regular. 3- hdfc hybrid equity fund growth. 4- icici prudential bluechip fund growth. Or should i increase my investment in the mentioned above portfolios.

Ans: Dont buy too many mutual funds. just add to the existing ones. i like icici pru bluechip fund. it is top fund. you can add more to it. also hdfc hybrid fund is also good.

thanks

please note : Investing strategies depends on your risk appetitive, so Please consult your financial advisor and then take further decision.

Advait Arora @wealthenrich

Ramalingam Kalirajan |2756 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 16, 2024

Asked by Anonymous - Apr 11, 2024Hindi

Money

Hi sir, I am 40 year old with 2 kids. Please review and advice on my 1 Lac monthly SIP portfolio. I intend to increase SIP by 10% at least each year. Which funds should I add, if at all. Time Horizon - 10 Years and above. Parag Parikh Flexi Cap Fund Direct Growth 30000 Quant Flexi Cap Fund Direct Growth 20000 Mirae Asset Large & Midcap Fund Direct Growth 10000 Motilal Oswal Mid Cap Fund Direct Growth 15000 Quant Mid Cap Fund Direct Growth 15000 Tata Small Cup Fund Direct Growth 5000 Nippon India Small cap Fund Direct Growth 5000

Ans: Your SIP portfolio looks diversified across different market caps, which is good for long-term growth. However, to further optimize and diversify your portfolio, consider the following suggestions:

Large Cap Funds: Add a large-cap fund to provide stability and balance to your portfolio.

International Funds: Consider adding an international or global equity fund to diversify geographically.

Debt Funds: For stability and to balance out the equity-heavy portfolio, consider allocating a small portion to debt funds.

As your income grows and you intend to increase the SIP by 10% each year, ensure to adjust the allocation accordingly to maintain the desired balance and diversification. Regularly review and rebalance your portfolio to align with your financial goals, risk tolerance, and market conditions. Consulting a financial advisor can provide personalized advice tailored to your financial situation and goals.

Ramalingam Kalirajan |2756 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 19, 2024

Question by Faisal - May 15, 2024Hindi

Money

Hi i am 34 years old. I have started a 4 SIP each of 5000?, HDFC midcap opportunity fund direct growth, HDFC Index nifty fifty, Parag parekh flexi fund and Nippon India Small cap fund. Kindly suggest any changes or need to add more sip. I want to retire in next 12 years

Ans: Congratulations on taking proactive steps towards building your retirement corpus through SIP investments. Let's review your current portfolio and make necessary adjustments to align it with your retirement goal in the next 12 years.

Evaluating Your Current SIP Portfolio
Portfolio Composition
You've initiated SIPs in four funds, focusing on mid-cap, index, flexi-cap, and small-cap categories. This shows a well-diversified approach towards wealth creation.

Risk Profile
Your portfolio reflects a moderate to high-risk appetite, with exposure to mid-cap and small-cap funds known for their volatility.

Assessing the Need for Changes
Mid-Cap Fund
Advantage: Mid-cap funds have the potential for high growth, suitable for long-term wealth creation.
Consideration: Ensure you're comfortable with the higher risk associated with mid-cap stocks.
Index Fund
Advantage: Index funds offer broad market exposure at low costs, ideal for passive investors.
Consideration: While index funds offer stability, they may not outperform actively managed funds in bull markets.
Flexi-Cap Fund
Advantage: Flexi-cap funds provide flexibility to invest across market caps based on prevailing market conditions.
Consideration: Ensure the fund manager's strategy aligns with your investment goals and risk tolerance.
Small-Cap Fund
Advantage: Small-cap funds have the potential for high growth, but they come with higher volatility.
Consideration: Be prepared for fluctuations in returns and market risks associated with small-cap stocks.
Recommendations for Portfolio Optimization
Rebalancing the Portfolio
Consider rebalancing your portfolio to maintain an optimal asset allocation based on your risk tolerance and investment horizon.
Assess the current market conditions and performance of individual funds to make informed decisions.
Reviewing Fund Performance
Regularly monitor the performance of your SIP funds and assess their consistency in delivering returns.
Evaluate fund managers' track records, investment strategies, and portfolio compositions to ensure alignment with your goals.
Potential Addition of Debt or Hybrid Funds
Given the aggressive nature of your current portfolio, consider adding debt or hybrid funds to balance risk and provide stability.
Debt funds can provide steady returns with lower volatility, suitable for risk-averse investors approaching retirement.
Benefits of Regular Funds Investing through MFD with CFP Credential
Investing through a Certified Financial Planner (CFP) who is also a Mutual Fund Distributor (MFD) offers several advantages:

Personalized Advice: A CFP can provide tailored investment advice based on your financial goals, risk appetite, and investment horizon.

Portfolio Diversification: A CFP can help you build a diversified investment portfolio aligned with your objectives, spreading risk across various asset classes.

Ongoing Monitoring: With regular reviews and updates, a CFP ensures your investments stay on track to meet your goals.

Conclusion
Your current SIP portfolio demonstrates a proactive approach towards wealth creation for retirement. By reviewing and optimizing your portfolio periodically, you can ensure it remains aligned with your long-term financial goals. Consider consulting with a Certified Financial Planner (CFP) to receive personalized guidance and maximize your investment potential.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Latest Questions

Ramalingam Kalirajan |2756 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 20, 2024

Question by Ssayantan - May 12, 2024Hindi

Money

My father is a 65 years old retired person who used to trade in market with the help of a broker and invest in MFs also. But he was forced to quit investing and withdraw all money to meet some tough and critical family concerns. Now he has around 2.75 lakhs to invest for creating as much money as possible. My question of behalf of him is - are an aggressive hybrid funds, an LC-MC funds and a high risk flexi cap fund having high beta and sharpe good to go for his purpose?

Ans: Your father's journey through the ups and downs of financial markets reflects a wealth of experience and resilience. It's understandable that he seeks to rebuild his investment portfolio after facing tough family challenges. Let's explore a strategic approach to maximize returns while managing risk effectively.

Understanding the Investment Landscape
Before delving into specific investment options, it's essential to assess your father's risk tolerance, investment goals, and time horizon. At 65, preserving capital and generating a steady stream of income are likely top priorities.

Evaluating Investment Options
Aggressive hybrid funds, large & mid-cap funds, and high-risk flexi-cap funds can offer opportunities for capital appreciation, albeit with varying levels of risk. Let's assess each option in detail to determine suitability for your father's investment objectives.

Aggressive Hybrid Funds
Aggressive hybrid funds combine the growth potential of equities with the stability of debt instruments, making them suitable for investors seeking a balanced approach. These funds typically maintain a higher allocation to equities, providing exposure to growth opportunities while mitigating downside risk.

Large & Mid-Cap Funds
Large & mid-cap funds invest in a mix of large-cap and mid-cap stocks, offering diversification across market segments. While these funds may exhibit higher volatility compared to large-cap funds, they also have the potential to deliver superior returns over the long term, driven by the growth potential of mid-cap companies.

High-Risk Flexi-Cap Funds
High-risk flexi-cap funds, characterized by their dynamic asset allocation approach, invest across market capitalizations based on market conditions and fund manager discretion. These funds offer flexibility to capitalize on emerging opportunities, but they also entail higher volatility and risk, suitable for investors with a higher risk appetite.

Emphasizing Risk Management
While pursuing higher returns is important, it's equally crucial to prioritize risk management, especially for retired investors. Diversifying across asset classes, maintaining a balanced portfolio, and regularly reviewing investments can help mitigate downside risk and preserve capital.

Conclusion
In conclusion, selecting suitable investment options for your father's portfolio requires a balanced approach that considers both growth potential and risk management. By carefully evaluating aggressive hybrid funds, large & mid-cap funds, and high-risk flexi-cap funds, we can construct a diversified portfolio aligned with his investment goals and risk tolerance.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Ramalingam Kalirajan |2756 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 20, 2024

Question by Sai - May 10, 2024Hindi

Money

Hi Sir, My age is 26 I am planning to invest in SIP and expecting 5 CR returns at the age of 55. Currently my salary is Rs40000/month. So, how and where should I invest

Ans: It's inspiring to see your proactive approach to financial planning at such a young age. Investing in SIPs is a smart step towards achieving your long-term financial goals. Let's delve into a strategic plan to reach your target of ?5 crore by age 55.

Understanding the 151530 Rule
The 151530 rule serves as a guideline for SIP investors, emphasizing the power of compounding and consistent investing over time. By investing ?15,000 per month starting at age 30 for 30 years, you can potentially accumulate significant wealth by age 55.

Leveraging the Power of Compounding
Compounding is the magic ingredient that allows investments to grow exponentially over time. By starting early and investing consistently, you harness the full potential of compounding, enabling your investments to generate returns on both the principal amount and accumulated earnings.

Setting Realistic Expectations
While aiming for a ?5 crore corpus is ambitious, it's essential to set realistic expectations based on your current income and investment capacity. Consider factors such as inflation, market volatility, and risk tolerance when formulating your investment strategy.

Allocating Monthly Investment Amount
Given your monthly salary of ?40,000, allocating ?15,000 towards SIP investments aligns with the 151530 rule. This ensures a balanced approach to saving and investing, allowing you to meet your financial goals while maintaining a comfortable lifestyle.

Choosing Suitable Mutual Funds
When selecting mutual funds for your SIP, prioritize diversified equity funds with a proven track record of consistent performance and adherence to investment objectives. Avoid the temptation to chase high-risk investments and focus on funds that offer a blend of growth potential and risk mitigation.

Embracing Long-Term Vision
Investing for the long term requires patience, discipline, and a steadfast commitment to your financial goals. Stay focused on your objectives and resist the urge to make impulsive investment decisions based on short-term market fluctuations.

Monitoring and Reviewing
Regularly monitor the performance of your SIP investments and review your portfolio periodically to ensure alignment with your financial goals and risk tolerance. Adjust your investment strategy as needed based on changing market conditions and personal circumstances.

Conclusion
In conclusion, embarking on a SIP investment journey at a young age lays the foundation for long-term wealth creation and financial security. By adhering to the 15*15*30 rule, harnessing the power of compounding, and making informed investment decisions, you can work towards achieving your target corpus of ?5 crore by age 55.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Ramalingam Kalirajan |2756 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 20, 2024

Question by Mano - May 11, 2024Hindi

Money

I'm 34 years now,I m earning 15000 per month,I want open SIP how can I start, with how much monthly payment, long term 15 years I can

Ans: I appreciate your commitment to starting a systematic investment plan (SIP) despite your current income level. SIPs offer an accessible and disciplined approach to wealth creation, and I'm here to guide you through the process.

Assessing Your Financial Situation
Before starting a SIP, it's essential to evaluate your current financial situation, including your income, expenses, and financial goals. With a monthly income of ?15,000, it's commendable that you're prioritizing long-term wealth creation.

Determining Monthly Investment Amount
While the ideal SIP amount varies based on individual circumstances, a general guideline is to allocate a reasonable portion of your monthly income towards investments. Considering your income level, start with an affordable SIP amount that you can consistently maintain over the long term.

Setting Realistic Expectations
Given your income level, it's crucial to set realistic expectations regarding the SIP amount and the expected growth of your investment portfolio. While SIPs offer the potential for wealth accumulation over time, it's essential to understand that investment returns may fluctuate based on market conditions.

Planning for Long-Term Goals
With a long-term investment horizon of 15 years, you have the advantage of harnessing the power of compounding to grow your wealth steadily. Focus on selecting mutual funds with proven track records of consistent performance and adherence to investment objectives.

Choosing Suitable Mutual Funds
When selecting mutual funds for your SIP, prioritize diversified equity funds that offer exposure to a broad spectrum of stocks across various sectors and market capitalizations. Avoid high-risk investment options and focus on funds that align with your risk tolerance and investment horizon.

Leveraging the Benefits of Active Management
While index funds may seem appealing due to their lower fees, they lack the potential for outperformance seen in actively managed funds. Actively managed funds, overseen by experienced fund managers, have the flexibility to capitalize on market opportunities and navigate market volatility effectively.

Reviewing and Adjusting
Regularly review your SIP investments and adjust your portfolio as needed to stay aligned with your financial goals and risk tolerance. Monitor the performance of your mutual funds and make informed decisions based on changing market conditions and personal circumstances.

Conclusion
In conclusion, starting a SIP is a prudent step towards achieving your long-term financial goals. By allocating a portion of your monthly income towards investments and selecting suitable mutual funds, you can lay the foundation for long-term wealth creation and financial security.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Ramalingam Kalirajan |2756 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 20, 2024

Question by Raghav - May 10, 2024Hindi

Money

Hello Sir im turning 36 this Dec...Im not very old in MF investment however looking forward to being consistant...I want to build up a corpas of 50 lakh by age of 40..my invest as per below... Quant/kotak/axis small cap direct growth- 10K/month(9 month old) parag parikh ELSS tax saver- 2K/month(12 month old) mirae asset ELSS tax saver-1.5K/month(12 month old) quant ELSS tax saver-3K/month(16 month old) Kotak ELSS tax saver-2K/month(16 month old) SBI PSU direct plan-3K/month( 1 month) Aditya birla sunlife PSU equity fund- 5K/month(1 month) need your expertise if I need to change funds...these are combined investment by me & my wife..TAX saver are required to avoid tax liability under 80C...

Ans: Congratulations on your commitment to building wealth through mutual fund investments. Your proactive approach to financial planning is commendable, and I'm here to provide guidance on optimizing your portfolio to achieve your goal of accumulating ?50 lakh by age 40.

Understanding Your Investment Portfolio
Your current portfolio reflects a diversified mix of mutual funds, including small-cap funds, ELSS tax savers, and sector-specific funds. It's evident that you've prioritized tax planning while also seeking growth opportunities through equity investments.

Evaluating Fund Selections
While your fund selections demonstrate a thoughtful approach, it's essential to periodically review and assess their performance and suitability for your investment objectives. Consider factors such as fund performance, risk-adjusted returns, expense ratios, and fund manager expertise.

Assessing Small-Cap Funds
Investing in small-cap funds can offer significant growth potential over the long term but comes with higher volatility and risk. Given the aggressive nature of small-cap investments, ensure they align with your risk tolerance and investment horizon.

Reviewing ELSS Tax Savers
ELSS tax saver funds serve dual purposes of tax savings and wealth creation. However, it's crucial to diversify across multiple ELSS funds to mitigate concentration risk. Evaluate each fund's performance and consistency to ensure they contribute effectively to your portfolio's growth.

Monitoring Sector-Specific Funds
Sector-specific funds, such as PSU equity funds, provide exposure to specific industries or sectors. While these funds can outperform broader market indices during favorable market conditions, they also carry sector-specific risks. Monitor their performance closely and consider diversifying across sectors to reduce concentration risk.

Consolidating and Streamlining
Consider consolidating your mutual fund holdings to streamline your portfolio and minimize administrative complexities. Focus on high-quality funds with proven track records of consistent performance and adherence to investment objectives.

Rebalancing Your Portfolio
Regularly rebalance your portfolio to maintain the desired asset allocation and risk-return profile. Reallocate investments based on changing market conditions, individual fund performance, and evolving financial goals.

Conclusion
In conclusion, optimizing your mutual fund portfolio requires a disciplined approach to fund selection, monitoring, and rebalancing. By periodically reviewing your investments and making informed decisions, you can enhance the growth potential of your portfolio and work towards achieving your financial objectives.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Ramalingam Kalirajan |2756 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 20, 2024

Asked by Anonymous - May 11, 2024Hindi

Money

I wish to invest 30K per month via SIP IN MUTUAL Funds Can you kindly suggest some funds. My horizon is apund 5-8 yrs

Ans: Thank you for entrusting me with the responsibility of guiding your investment journey. Investing through a systematic investment plan (SIP) in mutual funds is an excellent way to achieve your financial goals. Let's explore suitable funds for your investment horizon of 5-8 years.

Understanding Your Investment Horizon
With a horizon of 5-8 years, you have the advantage of pursuing a balanced investment strategy that combines growth potential with risk mitigation. This timeframe allows for exposure to equity-oriented funds while maintaining a prudent approach to risk management.

Assessing Fund Categories
Given your investment horizon, a blend of equity and debt funds is advisable to strike the right balance between growth and stability. Equity funds offer the potential for higher returns over the long term, while debt funds provide stability and income generation.

Selecting Equity Funds
When selecting equity funds, consider diversified equity mutual funds that invest across various sectors and market capitalizations. These funds offer exposure to a wide range of stocks, reducing concentration risk and enhancing diversification. Additionally, thematic or sectoral funds may be considered for tactical allocation but should be approached with caution due to their higher risk profile.

Evaluating Debt Funds
Incorporating debt funds into your portfolio can help mitigate volatility and provide stability during market downturns. Opt for high-quality debt funds with a focus on safety and liquidity. Short to medium-term debt funds, such as liquid funds or short-term bond funds, can be suitable for your investment horizon.

Emphasizing Consistency and Performance
When evaluating mutual funds, prioritize consistency and long-term performance over short-term fluctuations. Look for funds with a track record of delivering competitive returns relative to their benchmark indices and peers. Additionally, consider factors such as fund manager expertise, investment philosophy, and risk management practices.

Monitoring and Reviewing Your Portfolio
Regular monitoring and review of your mutual fund portfolio are essential to ensure alignment with your financial goals and risk tolerance. As your circumstances evolve, adjustments may be necessary to optimize your portfolio's performance and mitigate potential risks.

Conclusion
In conclusion, investing through SIPs in mutual funds offers a disciplined and systematic approach to wealth creation over the long term. By diversifying across equity and debt funds and focusing on consistency and performance, you can build a resilient portfolio that is well-positioned to achieve your financial objectives.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Ramalingam Kalirajan |2756 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 20, 2024

Question by mahantesh - May 10, 2024Hindi

Money

I am 39 year old and spouse is 35 also working New to investment expect few ploicie advice some investment plan for kids educational and retirement plans Thank you

Ans: Congratulations on taking the first step towards securing your family's financial future. As a Certified Financial Planner, I understand the importance of creating a tailored investment plan that aligns with your goals and aspirations. Let's delve into crafting a comprehensive financial roadmap for you and your loved ones.

Understanding Your Financial Goals
Before diving into specific investment strategies, it's crucial to understand your unique financial goals and aspirations. Whether it's planning for your children's education or securing a comfortable retirement, each objective requires a customized approach.

Planning for Your Children's Education
Investing in your children's education is a priority for most parents. To ensure you're adequately prepared, consider setting up a systematic investment plan (SIP) in diversified equity mutual funds. These funds offer the potential for higher returns over the long term, helping you build a substantial corpus for your children's future education expenses.

Securing Your Retirement
As you plan for retirement, it's essential to adopt a diversified investment approach that balances risk and return. While direct equity investments can offer lucrative returns, they come with higher volatility and require active management. Alternatively, opting for professionally managed mutual funds through a Certified Financial Planner can provide you with access to a diversified portfolio tailored to your risk tolerance and retirement goals.

Evaluating Investment Options
When exploring investment avenues, it's crucial to weigh the pros and cons of each option. While index funds may seem appealing due to their lower fees, they lack the potential for outperformance seen in actively managed funds. Actively managed funds, on the other hand, offer the expertise of fund managers who actively seek opportunities to maximize returns and mitigate risks.

Navigating the Investment Landscape
Navigating the investment landscape can be daunting, especially for newcomers. By partnering with a Certified Financial Planner, you gain access to personalized guidance and expertise tailored to your financial needs. A CFP can help you make informed investment decisions, optimize your portfolio, and stay on track towards achieving your long-term financial objectives.

Conclusion
In summary, crafting a comprehensive financial plan requires a thorough understanding of your goals, risk tolerance, and investment options. By leveraging the expertise of a Certified Financial Planner and adopting a diversified investment approach, you can build a secure financial future for you and your family.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Archana Deshpande |41 Answers |Ask -Follow

Image Coach, Soft Skills Trainer - Answered on May 20, 2024

Asked by Anonymous - Apr 29, 2024Hindi

Career

I am software engineer aged 30 years. My manager is a sadist doesn't understand anything technically and always pester us on non essential things that doesn't matter at all in the work and deliverables. We are getting frustrated most of the times. Always blames others for his/her own mistakes. Always divides and rule the team. Always wants to go out and party even if there is lot of work and end of the day, asks for the work status. I do not want to leave the company but doesn't bare this manager at all. Please suggest what to do. I am at my low.

Ans: Hello!!
Most of us have had managers at some point in our careers, while some are helpful, compassionate, and capable, others may not meet these standards, clearly yours is not meeting the standards!! Dealing with challenging managers can be, well, a challenge. Be courageous and face the challenge, you are not a newbie you are a strong 30 yr old man.
When I worked in the corporate world, what I heard most of the times was that people don't leave a company, they leave bad bosses. Throughout your question you have always mentioned a "we", that means this bad boss is affecting many more people.
You have these options-
1. you all can send a signed petition about this boss, post this to the HR
2. nobody has to suffer at work, there will always be a way out, look for it
3. you be sincere in your work and deliver, develop a thick skin and don't allow this boss to affect you
3.if nothing works then quit, do whatever it takes to be peaceful at work

I am sure a smart 30 yr old software engineer like you "can" and "will" find a solution to this problem by choosing your options wisely and looking into what is important for you!

All the best!!

Jinal Mehta |72 Answers |Ask -Follow

Financial Planner - Answered on May 20, 2024

Asked by Anonymous - May 17, 2024Hindi

Money

Hi all, I am a 19 year old college student recieving a pocket money of 15k per month. My monthly expenses are almost 5k per month and i try to invest 5k each to mutual funds like quant midcap and small cap each month. I have started investing almost 3 months back. Could u pls advise what is the maximum possible amount I can make in the next 10 years if i do this consistently and pls advise what changes i can do to my investment tactics

Ans: You can put this formula in excel and get your answer. The answer may not be exact amount. But may be a close one. Also, the value will depend on market conditions as well. If the markets are doing well, you may accumulate more, and visa versa.

Fv(11%/12,10*12, -10000(sip amount),- current existing investment amount, 1)

Jinal Mehta |72 Answers |Ask -Follow

Financial Planner - Answered on May 20, 2024

Asked by Anonymous - May 17, 2024Hindi

Money

I am age of 30 years. I was investing from 2021. I have 7lakh in stocks, 8 lakh in MF, 3 lakh in FD, 1.5lakh in ppf, 1 lakh in NPS. I've 10lakh health insurance and my parents have 10lakh health insurance. I also have a term insurance of 50lakh for me and 50lakh for my wife. I'm earning 1.8lakh in a month. And have debt of 5 lakh. I'm willing to invest next 5 year. I want a corpus of 1cr. What is the amount I need to invest and where should I invest?

Ans: Dear investor, I need alot more information to evaluate your portfolio. I suggest you can reach me at www.beyondlearningfinance.com to get detailed evaluation of your portfolio

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Financial Planner - Answered on May 20, 2024

Question by Preetam - May 20, 2024Hindi

Money

I am 47 year old planning to retire at 55 year currently from Jan24 started investing 25000 in equity mutual fund, have 10,00,000 in ppf, will get around 25,00,000 of pf n gratuity on 55 years, I have HL emi of 22,000 for next 15 years, I want a corpus of 1Cr in 8 years my take home salary is 90,000 Pls suggest

Ans: Dear investor, I need alot more information to evaluate your portfolio. I suggest you can reach me at www.beyondlearningfinance.com to get detailed evaluation of your portfolio

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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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