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Ramalingam Kalirajan |4357 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 20, 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 10, 2024Hindi

Money

I am 50... I want to invest 10k every month in different mf. Can you suggest

Ans: Crafting a Diversified Mutual Fund Investment Plan
Investing in mutual funds can be a prudent strategy to build wealth over the long term. Let's design a portfolio that suits your needs.

Understanding Your Investment Objectives
Genuine Compliments: It's inspiring to see your commitment to investing even at the age of 50. Your proactive approach towards securing your financial future is commendable.

Empathy and Understanding: I understand that at this stage of life, you may have specific financial goals and risk tolerance levels that we need to consider while designing your investment plan.

Assessing Investment Options
Benefits of Actively Managed Funds: Actively managed funds offer the expertise of professional fund managers who actively select investments to outperform the market.

Disadvantages of Index Funds: While index funds offer low fees, they passively track a market index, limiting potential for outperformance and customization.

Regular Funds Investing through MFD with CFP Credential: Working with a Certified Financial Planner (CFP) who specializes in mutual funds can provide personalized guidance and ongoing portfolio management.

Building a Diversified Portfolio
Equity Funds: Allocate a portion of your investment to equity funds to capture the potential for long-term capital appreciation, albeit with higher volatility.

Debt Funds: Diversify your portfolio with debt funds to provide stability and generate regular income, especially as you approach retirement age.

Balanced Funds: Consider investing in balanced funds, which provide a mix of equity and debt exposure, suitable for investors seeking a balanced risk-return profile.

Conclusion
By diversifying your investments across different mutual fund categories and seeking guidance from a Certified Financial Planner, you can build a robust portfolio that aligns with your financial goals and risk tolerance.

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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Hi, I am 45 years. I can invest 50K per month in MF for 15 years for a good return to secure my life after 60. Please guide. Thank you.

Ans: Hello Wasif,

Thank you for reaching out and considering mutual funds as an investment option for your financial goals. It's great to see that you are planning for your life after 60, and I am here to help you make the right decisions.

Given your age, investment horizon, and the amount you can invest, I would recommend a balanced approach that combines both equity and debt mutual funds. This approach would help you achieve growth while minimizing risk over the long term.

Here's a potential investment plan for you:

Equity Mutual Funds (70% allocation): Since you have a 15-year investment horizon, it would be wise to allocate a significant portion of your investment to equity mutual funds, which have the potential to offer higher returns over the long term. Diversify your equity investments by choosing a mix of large-cap, mid-cap, and small-cap funds.
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Ensure that you review your portfolio periodically and make adjustments as needed to maintain the desired asset allocation. Keep in mind that investing in mutual funds is subject to market risks, and it's essential to have a long-term perspective and patience to achieve your financial goals.

Additionally, consider consulting a financial advisor to help you select the right funds based on your risk profile and financial objectives. Remember that the key to successful investing is consistency and discipline, so stick to your monthly investment plan without fail.

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Question by Raghu - May 30, 2023Hindi

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My age is 47years, and can invest around 20K per month, looking to have around 70Lakhs-1Cr for retirement, please suggest MF to be invested

Ans: Hello Raghu and thanks for writing to me. Assuming you retire at 65 and your portfolio compounds at around 13%, you will be able to create a corpus of around Rs.1.5 Crore after investing Rs.20,000 every month.

You can consider starting monthly SIP's in:
1-Edelweiss Nifty 100 Quality 30 Index Fund-Rs.5,000
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Note (Disclaimer) - As a SEBI RIA, I cannot comment on specific schemes/funds that are provided or asked for in the questions in the platform. The views expressed above should not be considered professional investment advice or advertisement or otherwise. No specific product/service recommendations have been made and the answers here are for general educational purposes only. The readers are requested to take into consideration all the risk factors including their financial condition, suitability to risk-return profile and the like and take professional investment advice before investing.

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I don't think I have to tell you that what your ex-partner is planning is exceptionally wrong. Wrong to his new wife, wrong to you. The only one gaining from this situation is him. He gets to keep his parents' wishes and his own. But that is not how life works, does it? I hope you understand that accepting his proposition would make you an accomplice to this terrible plan. I hope you make the right choice and trust me, there is only one right choice here. And where there is such an easy distinction between right and wrong, there is no excuse to make the wrong choice.

Best Wishes.

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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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