I am 50 yrs of age and have a decent portfolio in mutual funds. Now I want to plan my retirement with a good Pension plan which can give me fixed guaranteed returns on my retirement. I have gone through TATA AAIA LIFE INSURANCE FORTUNE GURANTEE PLUS plan and I liked it. Can you please advice should I go for it.

Ans: Hi,
Could you please share the details so that I am aware of them as well?
Best wishes.
POOCHO. LIFE CHANGE KARO.

Ans: Hello Rahul
If your son is more interested in CSE, then consider choosing it from either tier-2 or tier-3 NITs. There is very little difference between tier-1, tier-2, and tier-3 NITs. If a student is brilliant and has the potential to succeed, he can achieve success under any conditions. All NITs are good. Choosing an NIT is always better than selecting any IIIT or a reputed private college. NIT is a brand name, and that matters. Respect your son's choice for CSE and choose it from either tier-2 or tier-3. Best of luck to your son for his bright future.
Follow me if you like the reply. Thanks
Radheshyam

Ans: the RTA - KFintech are the right people to get you the answer, please connect them on this link
https://www.kfintech.com/contact-us/

Ans: To calculate the new acquisition price and Fair Market Value (FMV) of equity shares in a demerged company, follow these steps:
1. Determining FMV (for shares purchased before 31-01-2018)
- FMV is typically based on the highest price quoted on a recognized stock exchange on January 31, 2018.
- If the shares were not listed on that date, FMV is determined by a merchant banker or registered valuer.
2. Calculating the New Acquisition Price
The cost of acquisition of shares in the resulting company (post-demerger) is calculated using Section 49(2C) and 49(2D) of the Income Tax Act:
- Formula:
[ \text{Cost of acquisition of new shares} = \text{Cost of original shares} \times \left(\frac{\text{Net book value of assets transferred}}{\text{Net worth of demerged company before demerger}}\right) ]
- The remaining cost is adjusted for the original shares.
For example:
- If you held 100 shares of a company at ?50 each (total ?5,000) before demerger.
- The company states that 7.29% of the cost applies to the new entity.
- Then, the cost of acquisition for the new shares = ?5,000 × 7.29% = ?364.50.
- The revised cost of the original shares = ?5,000 - ?364.50 = ?4,635.50.

hope this helps

Ans: You are stuck between Chicken Kebab and Kaju Barfi, so I can't counsel you. First you must know which stream you do want. Mind one thing, stream is more important than institute.

Ans: Hello;

I would recommend you to avoid thematic fund and instead invest in a flexicap type mutual fund for 15 year horizon.

But make sure to step up your monthly sip for example say by 10% each year to enhance the possibility of building a decent corpus.

Best wishes;

Ans: Dairy products like milk, curds, cheese and paneer provide calcium. Green veggies esp leafy vegetables are a good source of iron and vitamins. Whole pulses like beans, soyabean, chana, moong provide protein

Ans: Hi,
The condition of the current generation is quite alarming. Many students are not paying attention to their own data when they need to submit it. The NTA has provided more than two weeks to fill out the form, allowing students to save their progress and submit it whenever they choose. They are not required to complete the form immediately.

Despite this, students often ignore the dress code and reporting times, arriving late to the examination centers. This behavior creates unnecessary problems. Interestingly, these same students seem to have no issue spending time and money to watch movies but neglect their responsibilities regarding their future. This attitude is concerning.

If this trend continues, securing a job in the near future will be very difficult. Therefore, it's essential to take care while filling out the form.
I think you may have appeared for the NEET 2025 exam. Since you did not fill out the form properly and did not utilize the correction window, you might have faced some issues. Please share your experience so that others can understand the difficulties encountered on the exam date. This will serve as a valuable lesson for others. Do respond.

BEST WISHES.
POOCHO. LIFE CHANGE KARO.

Ans: It's commendable that you're considering the best investment route for your Rs. 1 crore savings. Let's evaluate the options you've mentioned and explore a comprehensive approach to wealth creation.

Understanding Your Investment Options
1. Investing in the Additional Flat

Illiquidity Concerns: Real estate investments are typically illiquid. Selling a property can take time and may not fetch the expected price.

Maintenance and Other Costs: Owning an additional flat comes with recurring expenses like maintenance charges, property taxes, and potential renovation costs.

Market Volatility: Property prices can fluctuate based on various factors, including economic conditions and government policies.

Rental Income Uncertainty: If you're considering renting out the flat, rental yields in many Indian cities are relatively low compared to the property's value.

2. Keeping the Amount in Fixed Deposits (FDs)

Low Returns: FDs offer fixed returns, but these may not outpace inflation, leading to a decrease in real purchasing power over time.

Tax Implications: Interest earned from FDs is taxable as per your income slab, which can further reduce the net returns.

Lack of Flexibility: Premature withdrawal from FDs can attract penalties, limiting liquidity.

Exploring Mutual Funds as an Alternative
Given that you're new to mutual funds and SIPs, it's essential to understand their potential benefits:

Professional Management: Mutual funds are managed by experienced fund managers who make investment decisions based on thorough research.

Diversification: By investing in a mutual fund, your money is spread across various assets, reducing risk.

Liquidity: Most mutual funds offer high liquidity, allowing you to redeem your investment when needed.

Potential for Higher Returns: Historically, mutual funds, especially equity-oriented ones, have offered higher returns over the long term compared to traditional instruments like FDs.

Tax Efficiency: Mutual funds can be more tax-efficient, especially with the benefits available under certain sections of the Income Tax Act.

Recommended Approach
Considering your current situation and the pros and cons of each investment option:

Avoid Investing in the Additional Flat: Given the illiquidity, associated costs, and potential market volatility, investing in another property may not be the most efficient use of your funds.

Limit Exposure to FDs: While FDs offer safety, the returns may not be sufficient to meet long-term financial goals, especially after accounting for inflation and taxes.

Consider Mutual Funds for Wealth Creation:

Start with a Lump Sum Investment: Allocate a portion of your Rs. 1 crore savings into mutual funds, focusing on a mix of equity and debt funds based on your risk appetite.

Initiate SIPs: Set up Systematic Investment Plans to invest a fixed amount regularly, benefiting from rupee cost averaging and disciplined investing.

Consult a Certified Financial Planner: Given your unfamiliarity with mutual funds, seeking guidance from a certified professional can help tailor an investment strategy aligned with your financial goals.

Final Insights
Your initiative to seek advice before making a significant investment decision is commendable. By steering clear of additional real estate investments and limiting exposure to low-yield instruments like FDs, you can explore avenues like mutual funds that offer the potential for higher returns and greater flexibility. Engaging with a certified financial planner can further ensure that your investment strategy is well-aligned with your long-term financial objectives.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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