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Ramalingam

Ramalingam Kalirajan  |8913 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jun 23, 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
Prahlad Question by Prahlad on Jun 23, 2024Hindi
Money

I am now 62 and retired. Having 1.75 cr in Mutual fund, 20 lacks in scsc, 10 lacks in gold,40 lack in equity and 5 lack in liquid. Need 1.5 lack SWP for monthly expenses. Pl suggest where should I invest and get monthly of 1.5 lack without reducing my investment

Ans: Congrats on your retirement and your well-structured investment portfolio. With Rs 1.75 crores in mutual funds, Rs 20 lakhs in SCSS, Rs 10 lakhs in gold, Rs 40 lakhs in equity, and Rs 5 lakhs in liquid funds, you have a diversified portfolio. Your goal of generating Rs 1.5 lakhs monthly without reducing your capital is achievable with strategic planning.

Understanding Your Financial Goal
Monthly Withdrawal Requirement:

You need Rs 1.5 lakhs per month, which amounts to Rs 18 lakhs annually.

Current Portfolio:

Mutual Funds: Rs 1.75 crores
SCSS: Rs 20 lakhs
Gold: Rs 10 lakhs
Equity: Rs 40 lakhs
Liquid Funds: Rs 5 lakhs
Strategic Investment Allocation
To generate a monthly income of Rs 1.5 lakhs, we need to optimize your portfolio to ensure both growth and stability.

Utilizing Systematic Withdrawal Plan (SWP)
1. SWP from Mutual Funds:

SWP from mutual funds can provide a steady monthly income. You can set up an SWP to withdraw Rs 1.5 lakhs monthly.

Benefits of SWP:

Regular income stream.
Tax-efficient.
Keeps your capital growing.
Allocating Your Portfolio for Optimal Returns
1. Debt Mutual Funds:

Allocate a significant portion to debt mutual funds. They provide stability and regular income.

Suggested Allocation:

60% in Debt Funds: Rs 1.05 crores in debt mutual funds.
40% in Equity Funds: Rs 70 lakhs in equity mutual funds.
This ensures a balanced approach with stability and growth.

Enhancing Your Current Investments
1. SCSS (Senior Citizens' Savings Scheme):

SCSS provides guaranteed returns and regular income. Continue to keep Rs 20 lakhs in SCSS.

2. Gold Investments:

Gold is a good hedge against inflation. Maintain your Rs 10 lakhs in gold for diversification.

3. Direct Equity:

Your Rs 40 lakhs in direct equity can be left for long-term growth. Monitor and rebalance periodically.

4. Liquid Funds:

Rs 5 lakhs in liquid funds acts as your emergency fund. This should cover any immediate financial needs.

Implementing the Systematic Withdrawal Plan
1. Setting Up SWP:

Set up an SWP from your debt mutual funds. Withdraw Rs 1.5 lakhs monthly. This provides a steady income stream while preserving your capital.

2. Rebalancing:

Review and rebalance your portfolio annually. Shift some gains from equity to debt to maintain the 60-40 allocation. This ensures stability and growth.

Managing Risks and Ensuring Growth
1. Diversification:

Diversify your investments within debt and equity mutual funds. Choose funds from different categories and sectors to spread risk.

2. Regular Review:

Review your investments quarterly. Monitor performance and make adjustments if needed. Regular reviews keep your portfolio aligned with your goals.

3. Professional Guidance:

Consider consulting a Certified Financial Planner. They can provide tailored advice and help you make informed decisions.

Tax Efficiency
1. Tax on SWP:

SWP withdrawals from mutual funds are more tax-efficient than traditional fixed deposits. Only the capital gains portion is taxed.

2. Long-term vs Short-term Gains:

Hold your equity investments for more than a year to benefit from long-term capital gains tax rates, which are lower than short-term rates.

Contingency Planning
1. Emergency Fund:

Keep an emergency fund to cover at least six months of expenses. This ensures you don’t have to withdraw from your investments during market downturns.

2. Health Insurance:

Maintain comprehensive health insurance to cover medical emergencies. This prevents erosion of your savings due to unexpected medical expenses.

Creating a Sustainable Income Plan
1. Estimating Expenses:

Estimate your monthly expenses during retirement. Consider inflation and potential lifestyle changes to ensure you have a realistic figure.

2. Planning for Longevity:

Plan for a longer retirement period. Ensure your investments can support you through your expected lifespan.

3. Considering Health and Medical Costs:

Healthcare costs tend to rise with age. Ensure you have adequate savings and insurance to cover medical expenses during retirement.

Building a Robust Financial Plan
1. Set Clear Financial Milestones:

Break down your retirement goal into smaller, achievable milestones. Track your progress and adjust your strategy as needed.

2. Budget and Save Aggressively:

Maintain a disciplined approach to budgeting and saving. Allocate a significant portion of your income towards investments to accelerate wealth accumulation.

3. Maximize Tax-Advantaged Investments:

Utilize tax-advantaged accounts like PPF and NPS to enhance returns and save on taxes. These are excellent for long-term savings with added tax benefits.

Final Insights
Your diversified portfolio and strategic investments can help you achieve your goal of withdrawing Rs 1.5 lakhs monthly. Utilize an SWP from a balanced portfolio of debt and equity mutual funds. Ensure diversification, regular review, and rebalancing to manage risk and grow your corpus. With disciplined planning and strategic investments, you can enjoy a steady income and financial security in retirement.

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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Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Asked by Anonymous - Apr 16, 2024Hindi
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Hello Sir , I have 40 lakhs lump sum with me. where as I invested 20 lakhs in mutual fund..Plz suggest me where i can invest remaining 20 lakh amount for monthly income as well future retirement planning purpose also. please guide me.
Ans: It's great to see your proactive approach to financial planning. Let's explore some options for investing your remaining 20 lakhs:

• Firstly, kudos on investing 20 lakhs in mutual funds. They offer growth potential and can play a vital role in your investment portfolio.

• For generating monthly income, consider fixed income options like bonds, fixed deposits, or debt mutual funds.
• These investments provide regular interest or dividends, offering a steady stream of income for your needs.

• To ensure future retirement planning, consider a combination of growth and income-generating investments.
• Equity mutual funds can provide long-term growth potential, while balanced funds offer a mix of equity and debt for stability.

• Additionally, explore retirement-focused investment vehicles like National Pension Scheme (NPS) or Pension Plans offered by insurance companies.
• These instruments offer tax benefits and provide a corpus for retirement income.

• Remember to diversify your investments across asset classes to mitigate risk and maximize returns.
• Consult with a Certified Financial Planner to tailor an investment strategy aligned with your financial goals and risk tolerance.

• Keep in mind that investing is a journey, and it's essential to review and adjust your portfolio regularly.
• Stay focused on your long-term financial objectives, and don't hesitate to seek professional advice when needed.

• With careful planning and disciplined investing, you can build a robust investment portfolio that supports your financial goals.
• Congratulations on taking this important step towards securing your financial future! Keep up the good work!

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Ramalingam Kalirajan  |8913 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 07, 2024

Asked by Anonymous - May 02, 2024Hindi
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Hi, I'm 35 yrs I can invest 25000-50000 per month, where should i invest. I can take moderate risk, 10yrs time horizon, I invested 10lakhs in direct shares already. Investing in Mirae ELSS monthly 4000rupees Not invested in any other mutual funds. I earn monthly 1 lakh, no emi, i can save 80k per month, let me know where i can invest 25-50k monthly
Ans: It's great to see your proactive approach to investing and your willingness to explore additional investment avenues. Given your risk tolerance, time horizon, and monthly saving capacity, mutual funds can be an excellent option to diversify your portfolio and potentially enhance returns over the long term. Here's a suggested approach for your monthly investments of 25,000 to 50,000 rupees:

Increase SIP Investment:
Since you're already investing in Mirae ELSS with a monthly SIP of 4,000 rupees, consider increasing your SIP amount in this fund or adding SIPs in other mutual funds.
Diversify Across Fund Categories:
Allocate your monthly investment across different categories of mutual funds to diversify your portfolio and manage risk effectively.
Consider investing in large-cap, mid-cap, and multi-cap funds to gain exposure to different segments of the market.
Consider Systematic Investment Plans (SIPs):
SIPs offer the advantage of rupee cost averaging and disciplined investing, making them suitable for long-term wealth creation.
You can start SIPs with varying amounts in different funds based on your risk appetite and investment objectives.
Fund Selection:
Choose mutual funds with a proven track record of consistent performance, experienced fund managers, and a robust investment process.
Look for funds with low expense ratios and high-quality portfolios that align with your investment goals and risk profile.
Regular Monitoring and Review:
Keep a close eye on the performance of your mutual fund investments and regularly review your portfolio to ensure it remains aligned with your financial objectives.
Make adjustments to your investment strategy as needed based on changes in market conditions, your risk tolerance, and investment goals.
Seek Professional Advice:
Consider consulting with a financial advisor or Certified Financial Planner to develop a customized investment plan tailored to your specific needs and goals.
A professional can provide valuable insights and guidance to help you make informed investment decisions and navigate the complexities of the financial markets.
By diversifying your investments across mutual funds and adopting a disciplined approach to investing, you can potentially achieve your financial goals and build wealth over the long term. Remember to stay patient, stay focused on your long-term objectives, and avoid making impulsive investment decisions.

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Ramalingam Kalirajan  |8913 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Aug 23, 2024

Asked by Anonymous - Jul 03, 2024Hindi
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Sir, I am retired person of 66 years. I have 22 Lakhs in Mutual Fund in SWP plan, get monthly rent Rs. 12000. I am soon going to get Rs. 1.5 Cr. (After tax) after selling property. I am staying in my Flat. I want you to Suggest me where i invest so that i get regular income & appreciation. I have mediclaim of Rs. 5 Lakhs jointly for my wife & me
Ans: At 66 years old, you are retired and living in your own flat. You currently have Rs. 22 lakhs in a Mutual Fund Systematic Withdrawal Plan (SWP) and receive a monthly rent of Rs. 12,000. Soon, you will receive Rs. 1.5 crore after selling your property, and you have a mediclaim policy of Rs. 5 lakh covering both you and your wife.

Understanding Your Financial Goals
Your primary goal is to secure a regular income while also ensuring that your investments appreciate over time. This is crucial to maintaining your lifestyle, accounting for inflation, and providing for any unforeseen expenses.

Importance of Regular Income and Capital Preservation
At your age, preserving capital while generating a steady income is paramount. The focus should be on low-risk investments that provide consistent returns while also offering some growth potential.

Diversified Investment Strategy
To meet your objectives, it’s essential to diversify your investments. Diversification helps in balancing risk and ensuring that your portfolio remains stable even if certain investments underperform.

1. Debt Mutual Funds (40%)
Debt funds are ideal for conservative investors. They offer regular income with lower risk compared to equity.

Consider investing in debt funds that focus on high-quality bonds. This ensures stability and regular payouts.

SWP from these funds can provide you with a steady monthly income.

2. Senior Citizen Savings Scheme (SCSS) (20%)
SCSS is a government-backed scheme offering regular interest payments.

It’s a safe investment option with decent returns, ideal for your regular income needs.

The interest is payable quarterly, which can supplement your monthly income.

3. Monthly Income Plans (MIPs) (20%)
MIPs invest in a mix of debt and equity, providing a balance between income and growth.

They offer regular monthly income, though the returns may fluctuate slightly based on market conditions.

This can be a good addition to your portfolio for some equity exposure with lower risk.

4. Fixed Deposits (FDs) (10%)
FDs offer safety and guaranteed returns. Although the interest rates are low, they provide assured income.

Keep a portion of your funds in FDs for immediate liquidity and safety.

5. Equity Mutual Funds (10%)
While equity carries higher risk, a small allocation is essential for growth and beating inflation.

Focus on conservative equity funds that invest in large-cap companies with stable performance.

This portion should be for long-term growth rather than immediate income.

Managing the Rs. 1.5 Crore Corpus
With the Rs. 1.5 crore corpus, a balanced approach to allocation is important:

Rs. 60 lakh in Debt Mutual Funds to generate steady income.

Rs. 30 lakh in SCSS for regular quarterly interest.

Rs. 30 lakh in MIPs for a mix of income and growth.

Rs. 15 lakh in Fixed Deposits for safety and liquidity.

Rs. 15 lakh in Equity Mutual Funds for long-term growth.

Health Insurance Consideration
Your current mediclaim policy of Rs. 5 lakh might not be sufficient, considering rising healthcare costs. Consider enhancing your coverage or opting for a top-up plan that provides additional coverage at a lower premium.

Final Insights
Your financial plan should focus on generating regular income, preserving your capital, and allowing for some growth to counter inflation. By diversifying your investments across debt, equity, and fixed-income instruments, you can achieve a balanced portfolio that meets your income needs while also offering potential for appreciation.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Marriage counsellor - Answered on Jun 13, 2025

Asked by Anonymous - Jun 05, 2025
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Ramalingam

Ramalingam Kalirajan  |8913 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jun 13, 2025

Asked by Anonymous - Jun 13, 2025
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Hi Ramalingam, I'm 33 and married, expecting a baby due in couple of months. I have a homeloan of 60L with EMI of 55k and tenure of 18 year to go. I have started investing in MF recently. Index fund(nifty 50 and nifty defense): 3.9L Large: 1L Large and midcap: 4.6L Flexi:3.2L Multicap: 1L Midcap: 85k Small: 1.75L Tech sector: 50k Equity infra sector: 1.7L SBI psu: 1.4 EPF Balance: 8L Savings: 10L Please advise how should I allocate my SIP moving forward if I have saving of around 5L per month. I want to invest in MF for better returns instead of clearing off the homeloan which has a lower interest rate. I'm looking to have funds for retirement. Please advise.
Ans: You are 33, expecting a baby soon, and wisely planning both your loan and future funds. You already have strong savings and investments. This outlook gives us a great base to build a 360-degree plan for retirement, goal purposes, and balanced wealth growth. Let’s go step by step.

1. Financial Snapshot Summary
Age 33, married, expecting a baby

Home loan: Rs.?60?lakh, EMI Rs.?55k monthly, 18 years remaining

Monthly savings ability: about Rs.?5?lakh

Existing investments:

Index funds (Nifty 50 and Nifty Defence): Rs.?3.9?lakh

Large cap: Rs.?1?lakh

Large & mid cap: Rs.?4.6?lakh

Flexi cap: Rs.?3.2?lakh

Multi cap: Rs.?1?lakh

Mid cap: Rs.?85k

Small cap: Rs.?1.75?lakh

Tech sector: Rs.?50k

Infra sector: Rs.?1.7?lakh

PSU fund: Rs.?1.4?lakh

EPF balance: Rs.?8?lakh

Savings account: Rs.?10?lakh

You are already diversified across equity categories and hold good liquidity. Excellent discipline.

2. Understanding Your Priorities
Baby’s arrival and early family needs

Retirement corpus building

Managing home loan without rushing to pre-pay

Growing assets wisely rather than clearing low-interest debt

Your home loan interest is low compared to market returns possible via equity investments. Therefore, shifting focus to wealth creation is sensible.

3. Risk & Liquidity Assessment
Your savings of Rs.?10?lakh plus existing liquidity provide good emergency buffer

EPF of Rs.?8?lakh ensures retirement base

Continue to maintain liquidity of 6 months’ expense in safe instruments

Keep updating emergency cushion as family expands

This ensures you avoid disrupting your investment in case of unforeseen needs.

4. Why Not Clear Home Loan Early
Home loan interest is relatively low (~8–9%)

Equity returns over long term can outperform that

Paying loan early sacrifices the benefit of compounding growth

Instead of clearing, channel money into goal-based investments

Continue standard EMI payment to maintain discipline

You can review part-prepayment later if you receive a bonus or surplus income.

5. Reconsider Index Fund Exposure
You hold index funds tracking Nifty 50 and a sector index. But:

Index funds lack active intervention during downturns

No flexibility—mirror entire index performance

Sectoral index funds are highly volatile and cyclical

You already hold sector funds (Tech and Infra) separately

Actively managed funds offer better downside management

They can allocate, exit, and adjust as economic conditions change

Recommend gradually transitioning index allocations to active large-cap or balanced funds with guidance from CFP-led distributor.

6. Asset Allocation & SIP Repositioning
You aim to invest Rs.?5?lakh monthly and build a long-term wealth engine. Here's a refined strategy:

Equity Allocation (60–65%)

Large / Flexi Cap Active Equity: Rs.?1.25?lakh

Mid Cap Active Equity: Rs.?50,000

Small Cap Active Equity: Rs.?25,000

Multi / Hybrid Equity (Balanced Advantage): Rs.?50,000

ELSS Tax Saver: Rs.?25,000

Debt Allocation (25–30%)

Short-to-Intermediate Debt Funds: Rs.?50,000

Children’s Hybrid Fund (short horizon bucket): Rs.?25,000

Other

Allocation to overseas or thematic equity capped at 5–10% through active funds

This structure offers growth and risk balance while keeping liquidity.

7. Children’s Goal Fund Planning
Your baby arrives soon. Early-stage costs include delivery, essentials, childcare. For 1–2 year need:

Create a “Baby Care Fund” of Rs.?3–4?lakh

Use short-term debt or hybrid mutual funds

Systematically invest Rs.?50k monthly or use part of savings

This ensures funds ready around the time needs arise

Post that, start “Education & Future Security” goal fund via mid/large-cap SIPs.

8. Maintaining SIP Priorities
Your current investment portfolio includes various equity exposures. To make it cohesive:

Reassess index fund exposure and reduce gradually

Continue and increase active equity SIPs as outlined

Use CFP advice to choose 3–4 high-conviction active funds

Avoid direct plans—use CFP-backed distributor for discipline

Balanced funds help cushion during volatile periods

As you invest Rs.?5?lakh monthly, implement the above allocation gradually, not abruptly.

9. Why Avoid Direct and Index Funds
Direct Funds: No expert support, fund monitoring, exit guidance.
Index Funds: No flexibility, follow blind script, no crisis management.
Agile Active Funds via CFP: Strategic stock moves, timely shifts, tailored for your risk.

Your goals need proactive fund management, not auto-pilot passive tools.

10. Retirement Corpus Plan
You are 33, planning retirement maybe at age 60. You have about 27 years of horizon.

Using structured SIPs and portfolio growth, you can:

Build a strong corpus via equity

Maintain a stable allocation of 60–70% equity + 30–40% debt

Gradually tilt towards debt as you near retirement

Regularly review portfolio health fall under CFP supervision

Keep monitoring inflation-adjusted goal progress

This method ensures a secure retirement plan.

11. Insurance & Protection
You didn’t mention insurance. With a baby on the way:

Health insurance – at least Rs.?10–15?lakh family floater

Term life insurance – Minimum Rs.?1–2?crore to cover loan and dependents

Avoid ULIPs or endowment plans—go for pure term and health

Take these via CFP recommended provider and cover soon

Insurance protects your financial plan against sudden events.

12. Debt Management after EMI
Your EMI of Rs.?55k runs for 18 years.

After baby and higher expenses:

Continue EMI as is

Avoid prepayment unless you receive a sizable bonus

When EMI ends, recalculate funds available for SIPs and goals

Use that opportunity to increase SIP amounts further

Use part of EMI funds towards retirement or asset-building

This planned shift after EMI end creates space for accelerated growth.

13. Liquidity, Reserves, and Top-Ups
Your current savings and surge capacity of Rs.?5?lakh enable flexibility:

Continue keeping liquidity of 4–6 months’ expenses

Keep separate corner for baby fund and emergency

Use surplus income for goal-linked investments

Avoid unnecessary lifestyle inflation despite high income

Top-up SIPs when salary or bonus increases

Discipline in surplus use will compound your wealth efficiently.

14. Tax Planning & Gains
Use ELSS SIPs for 80C benefits

Equity fund LTCG taxed 12.5% above Rs.?1.25?lakh per annum

Debt / hybrids taxed as per income slab

Use balanced and debt funds to optimise taxable interest

File ITR, claim deductions, and plan redemptions to control tax incidence

This keeps tax bite minimal and saves more for your goals.

15. Monitoring & Rebalancing
Review portfolio performance and fund objectives every six months

Rebalance asset mix when any category drifts >5%

Stop or shift under-performing funds after review

Avoid knee-jerk reactions—stay thought-through

CFP guidance ensures structured portfolio management

Consistent monitoring protects you from drift and decay.

16. Asset Creation vs Real Estate
You didn’t mention owning other real estate. But goal stated flat purchase may fit as goals.

However, central financial focus is investing in financial assets:

Equity, hybrid, and debt instruments remain central

Property can be considered separately once you hold large financial corpus

Keeping financial assets liquid allows better flexibility

Avoid overloading liquidity for real estate purchases

Enhancing financial assets comes first—it empowers freedom and choice.

17. Lifestyle & Support
Your surplus income supports lifestyle well.

Avoid big-ticket impulsive spending

Use value-based spending for travel, family events

Invest in skills or certification to grow income

Create additional income streams (freelance, side projects)

This increases your saving ability further

Lifestyle and income both support your wealth journey.

18. Succession & Estate Planning
With a baby on the way, important to secure your legacy:

Ensure you have proper nomination for all investments

Create a will or simplified estate plan

Appoint guardians, trustees as needed

This ensures smooth wealth transfer and peace of mind

These administrative steps protect your family and planning.

19. Roadmap Execution Timeline
Prioritize and allocate baby fund in short-term debt

Shift index and sectoral funds gradually to active funds

Structure SIP allocation for retirement and hybrid safety

Purchase insurance soon for protection

Continue EMI; use part payment only if surplus

Post-EMI, increase SIP allocation with added liquidity

Review portfolio semi-annually for performance and rebalance

Plan for education/long-term goals via systematic planning

Keep emergency reserve intact and live beneath means

Write a will and estate file once baby arrives

Stay consistent with your 5-lakh monthly allocation. The structure supports multiple goals.

Final Insights
Your income and savings are robust—very encouraging

Shift towards active, goal-based funds guided by CFP

Maintain discipline in EMI, insurance, and liquidity

Create dedicated buckets for family and retirement

Monitor and rebalance regularly, not reactively

Invest in yourself and grow income to amplify wealth

Be flexible—adjust plans as baby's arrival and life shifts

This structured 360-degree approach balances family, future, and financial freedom.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

...Read more

Nayagam P

Nayagam P P  |6244 Answers  |Ask -

Career Counsellor - Answered on Jun 13, 2025

Asked by Anonymous - Jun 10, 2025
Career
Integrated M Tech in Software Engineering or B Tech Electrical and CSE with Minor AI & ML (Both from VIT Chennai) - Which one to choose for better career options?
Ans: Both the Integrated M.Tech in Software Engineering and B.Tech Electrical and CSE with Minor in AI & ML at VIT Chennai offer strong academic and placement prospects, but they serve different career goals. The Integrated M.Tech in Software Engineering is a five-year program with about 70% placement rate, focusing on deep software engineering skills and providing a direct pathway to advanced roles in the IT sector, but it limits flexibility if you wish to switch fields later. The B.Tech Electrical and CSE with Minor in AI & ML is a four-year program, nearly 90% of students are placed, and it offers broader exposure to both core engineering and software, with the added advantage of specialization in high-demand AI/ML domains. Both programs benefit from VIT Chennai’s strong placement ecosystem, with top recruiters like Microsoft, Amazon, and Qualcomm, and average placement rates above 80% in recent years. The B.Tech with CSE and AI/ML minor provides more flexibility, industry relevance, and better prospects for diverse roles in both software and technology sectors, making it the preferable choice for most students seeking strong career options in a rapidly evolving job market. All the BEST for the Admission & a Prosperous Future!

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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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