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Ramalingam

Ramalingam Kalirajan  |8027 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 18, 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
Vids Question by Vids on Dec 04, 2023Hindi
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I am 57 years old. I have investments in ICICI prudential balanced advantage funds, Kotak balanced advantage funds, KOtak flexicap, PGIM India Flexicap, Bandhan ELSS Equity funds and ICICI Pru Nifty50 Index fund. I received EPF money of around 45lakhs. At the moment the ratio of equity and debt is 60:40. Can you suggest where should I invest this money as an NRI ?

Ans: Given your age and current investment ratio, as an NRI, consider diversifying the EPF money to align with your risk profile and retirement needs.

Equity Allocation: You already have a significant equity exposure; however, evaluate if you want to maintain or adjust this based on your risk tolerance and time horizon.
Debt Allocation: With a 60:40 equity to debt ratio, you might consider increasing the debt component for stability and income generation, especially as you approach retirement.
Tax Efficiency: As an NRI, prioritize tax-efficient investments to maximize post-tax returns.
Professional Advice: Consult a financial advisor to create a customized investment strategy tailored to your NRI status and retirement goals.
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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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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