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Ramalingam Kalirajan |10925 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 24, 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

Question by Supratik on Jan 23, 2024Hindi

Money

I am 71 years old. I live on dividends earned from Mutual Funds. My funds are HDFC and Edelweiss Balance Advantage funds, HDFC Dividend Yield Fund (Growth), Axis Value fund (Growth) and Franklin Tempelton Build India Fund (Growth). At the moment small amounts are invested in the growth funds. Should I continue with the Growth Funds or go for SIP?

Ans: At 71, it's crucial to strike a balance between growth and stability, especially when your income relies on dividends from Mutual Funds. Your current portfolio includes a mix of balanced advantage, dividend yield, and growth funds, which offers a diversified approach.

Growth funds inherently carry more volatility due to their equity exposure. While they offer potential for higher returns, they also come with higher risk. Given your age and reliance on dividends, it might be prudent to reconsider the growth funds.

Switching to a systematic withdrawal plan (SWP) from your existing funds could be a more suitable strategy. This way, you can enjoy a regular income stream while preserving your capital.

Alternatively, if you wish to continue with growth-oriented investments, consider shifting a smaller portion of your investments to growth funds via SIPs. This approach allows you to dollar-cost average, reducing the impact of market volatility.

Remember, your investment decisions should align with your financial needs, risk tolerance, and goals. Consulting a Certified Financial Planner can provide personalized advice tailored to your situation. Whatever you decide, prioritize preserving your capital and maintaining a steady income stream to support your lifestyle in retirement.

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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I'm 27 years old and have made 4 monthly SIPs of 5,000 rs each, two months ago. They are: 1. Axis Bluechip Fund - Direct Plan Growth 2. Quant Small Cap Fund -Growth Option Direct 3. PGIM India Midcap Opportunities Fund - Regular Plan Growth 4. Quant Active Fund - Growth Could you please advice me whether I should continue with these funds or switch. I was also considering to put invest an additional 20,000 rs a month. I was planning to either put it in MF's or use it for a PPF account. Please advice what's the best thing to do with this sum, I aim to retire by the age of 45.

Ans: Please continue, can be reviewed after 6 months

Additional investment in MF is better if the goal is to retire early. You may choose from below funds

Axis ESG Equity Fund – Growth
Motilal Focused 25 Fund – Growth
ICICI Pru US Bluechip Equity Fund – Growth
UTI Flexi Cap fund – Growth
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Head, Rank MF - Answered on Jan 07, 2022

Question by Prithviraj - Jan 07, 2022Hindi

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I am 45 years old and want to invest for my daughter's wedding and my retirement. The time horizon will be 10 and 15 years respectively. I can invest Rs 10,000 per month now and can invest Rs 20,000 from 2023. I have SIP of Rs 1,000 per month in DSP Small Cap Fund Regular Growth (its current value is Rs 47,000) and Sundaram Equity Fund Regular Growth (current value Rs 22,000). I also have invested in Aditya Birla Frontline Equity Growth (current value Rs 34,000), Aditya Birla MNC Growth (current value Rs 33,000) and UTI Opportunities Fund Dividend Reinvestment (current value Rs 10,000). Please suggest if I should hold all the funds as it is and continue with SIP of both funds or start afresh with some other funds.

Ans: Please consider investing in these funds:

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Question by Paresh - Dec 14, 2021Hindi

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I am 28 years old and I am investing in the below funds. I want to retire early, at around 50 years. Kindly let me know should I increase my SIP amount or make any other changes. All are growth. Total amount per month is Rs 27,000. Pls advise sir. Mutual Funds Amount Invested PGIM India Midcap Rs 2,000 Quant Multi Asset Rs 1,000 Tata Digital India Fund Rs 1,000 Axis Small Cap Fund Direct Rs 1,000 SBI Small Cap Fund Direct Rs 1,000 Nippon India Small Cap Rs 2,000 Axis Focused 25 Direct Rs 2,000 Aditya Birla Sun Life Digital India Rs 2,000 Aditya Birla Sun Life Equity Rs 2,000 ICICI Prudential Technology Direct Rs 2,000 Parag Parikh Long Term Rs 2,000 Mirae Asset Healthcare Rs 1,000 HDFC Pension Management Rs 2,000 Quant Active Fund Direct Rs 1,000 SBI Magnum Midcap Rs 1,000 Nippon India Pharma Rs 1,000 UTI Healthcare Fund Rs 1,000 UTI Flexi Cap Rs 2,000

Ans: There are too many funds; restrict yourself to 4 to 6 funds at the most.

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Head, Rank MF - Answered on Jan 30, 2020

Question by Rakesh - Jan 30, 2020Hindi

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I am investing in mutual funds for last 5 years and currently have SIP running as below: HDFC Hybrid Equity Fund - Rs 5000 UTI Mastershare - Rs 4000 UTI Equity Fund - Rs 2000 UTI Dividend Yield Fund - Rs 2000 All under 'Growth' option. I can put additional Rs 4000 pm in SIP. Please advise options. My age is 50 years so horizon of 5 - 7 years is fine. Name of the Fund Category RankMF Star Rating Rakesh Banga · HDFC Hybrid Equity Fund - Rs 5000 Hybrid - Aggressive Hybrid Fund 5 · UTI Mastershare - Rs 4000 Equity - Large Cap Fund 4 · UTI Equity Fund - Rs 2000 Equity - Multi Cap Fund 5 · UTI Dividend Yield Fund - Rs 2000 Equity - Dividend Yield Fund 5

Ans: You have decent portfolio, please continue

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Reetika Sharma |459 Answers |Ask -Follow

Financial Planner, MF and Insurance Expert - Answered on Dec 24, 2025

Asked by Anonymous - Dec 22, 2025Hindi

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I am 34 years old, married, with no children yet, but we plan to start a family by the end of 2026. Our monthly household take-home income is 4.4 lakh. We have cumulative EMIs of 1.50 lakhs per month: (1) Home Loan (1 Cr Outstanding, 9 years left): 1.1 lacs per month, (2) Car Loan (8 lacs outstanding 4 years left): 25k per month (3) Personal Loan (4 years left) - 15k per month. Our investments include 50 lakh in stocks and mutual funds, and 30 lakh in PF. I have a term plan with cover till age 85, costing additional 1.3 lakh per year in premium for next 7 years. Me and my wife are covered by our employer for medical insurance, and our parents will also have PSU pension and medical cover after retirement. We spend around 1.2 lakh per month on household expenses in Gurgaon. We invest 1 lakh monthly having 20-90 split in stocks and MFs and keep 2 lakh in an emergency savings account. My long-term goal is to pay off all loans, build a financial buffer to move back to my hometown a tier 2 city and do remote work from there - this might reduce our househol income by 30-40%. Given these details, how should I plan our investments to achieve the goals and how many years are we looking to achieve this?

Ans: Hi,

You have done great investments at such age. Let us go through the details one by one:
1. You have a term cover and health insurance for yourself as well as family.
2. You should have emergency fund of 6 months' worth expenses in liquid mutual funds for uncertain times, 2 lakhs is way too less.
3. Currently 3 loans - Home, Car and Personal. All loans will be finished in 9 and 4 years respectively(total EMI - 1.5 lakhs). Overall loans are high. Try to close PErsonal loand first followed by car loan to reduce the EMI burden.
4. 50 lakhs current holdings in stocks and mutual funds.
5. 30 lakhs in PF.
6. 1.4 lakh monthly expenses.
7. Current SIP - 1 lakh permonth in stocks and mutual funds.

You have build a great wealth for yourself at your age. You are also planning to start a family. Keep your invesments like this with consistency and you will finish loans and be able to move to your home as well.

Although direct stock investment needs loads of time and research - hence not recommended. It is advisable for you to keep your investments limited to mutual funds only. And it would be great to take a professional's help as even a slightest mistake can break or make your wealth.

Before relocating after few years, try to maximize your investments at the maximum potential and let compounding do its magic. Try to invest more than 1 lakh per month in mutual funds for a secured future.

Doing and managing investments along with your job is not recommended. It is always better to go for professional advice when it comes to money.

You can connect with a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

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Financial Planner, MF and Insurance Expert - Answered on Dec 24, 2025

Asked by Anonymous - Dec 16, 2025Hindi

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Hello Advait sir, I am 48 year having privet Job. I have started investment from 2017, current value of investment is 82L and having monthly 50K SIP as below. My goal to have 2.5Cr corpus at the age of 58. Please advice... 1. Nippon India small cap -Growth Rs 5,000 2. Sundaram Mid Cap fund Regular plan-Growth Rs 5,000 3. ICICI Prudential Small Cap- Growth Rs 10,000 4. ICICI Prudential Large Cap fund-Growth Rs 5,000 5. ICICI Prudential Balanced Adv. fund-Growth Rs 5,000 6. DSP Small Cap fund Regular Growth Rs 5,000 7. Nippn India Pharma Fund- Growth Rs 5,000 8. SBI focused Fund Regular plan- Growth Rs 5,000 9. SBI Dynamic Asset Allocation Active FoF-Regular-Growth Rs 5,000

Ans: Hi,

It is great that you are investing since 2017. Long investments and patience always gives results.
You can easily achieve your goal corpus by the time you turn 58, if investment done correctly.

The funds you mentioned have so much overlapping and scattered. It needs rework and complete reallocation. Maximum of 5 funds should be there. Take the help of a professional to align your portfolio with your goal and customized profile.

A random portfolio like yours can create an opposite impact and generate negative to zero returns.

And try to increase the monthly SIP by 10% each year. This will take care of inflation power.

Hence do consult a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

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Question by Rajesh - Dec 15, 2025Hindi

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Hello and namaskar.. I am 36 years old. Need your guidance in the following funds- (a) parag parekh flexi cap - 7500/- per month (B) GROWW nifty midcap 150 index fund -2500/- per month (C) mirae asset ELLS tax saver -5000/- (D) pGIM india mid cap opp. Fund -5000/- (E) quant small cap fund-4000/- (F) ICICI prudential equity and debt fund - 3000 (G) HDFC FLEXI CAP FUND - 4000 (H) Uti nifty 50 index fund - 5000 Additionally I want to invest 1lakh annually. Tell me where to invest this additional amount. These funds are ok or I should exit from any fund and invest in any other fund. I want to get 2 crore till the end of 2035. Am I going on the right track.

Ans: Hi Rajesh,

Appreciate your dedication in investing in mutual funds for long term. The funds selected by you are very random and not recommended for your goal. Overall investments are also not in alignment, this portfolio is a very random one.
Currently you are investing 36000 per month - keep your investments simple in largecap, midcap, smallcap and mutlicap fund. Keep additional 1 lakh as well in these funds.

You should consider exiting funds like quant and shift to more stable ones.

Your current funds are direct, but direct funds are over-rated. A random portfolio like this can instead give less returns than a professionally designed one. It is always better to go for a regular portfolio suggested by a professional. Proper funds with a designed dedicated plan will help you reach your goal of 2 crores in 10 years in an efficient way.

Hence do consult a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
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Question by kiran - Dec 12, 2025Hindi

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canara roboc largecap found past 3 years how much return expected

Ans: Hi Kiran,

Avoid investing in these funds for a short term like 3 years. Although this is a good fund and gives an average of 14% XIRR, but investments should be done thoughtfully.

Best Regards,
Reetika Sharma, Certified Financial Planner
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Question by ebenser - Dec 11, 2025Hindi

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what is prospects of investments in SILVER?

Ans: Hi Ebenser,
Silver is a good investment for now and long term. Avoid any big lumpsum buys and go for small buys each month.

Also it is not a good idea to put all your eggs in one basket. Hence avoid investing everything in silver.
Gold and silver shall not exceed 10% of your total networth.

Let me know if you need more help.

Best Regards,
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https://www.instagram.com/cfpreetika/

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Financial Planner, MF and Insurance Expert - Answered on Dec 24, 2025

Asked by Anonymous - Nov 28, 2025Hindi

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i am 49 yrs. currently invested Rs.13000 monthly in mutual fund. I want to invest more Rs.5000 monthly. pls suggest me. also i have Rs.20000 from FD, where to invest the amount pls suggest me.

Ans: Hi,

Investing everything in mutual funds is never a good idea.
- you should have an emergency fund of 3-6 months worth expenses in FD
- a term insurance and a health insurance is mandatory.

Once these conditions are fulfilled, invest additional 5000 in mutual funds. Share the existing funds in which you are doing SIP along with time horizon for me to guide you in a better way.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
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Financial Planner, MF and Insurance Expert - Answered on Dec 24, 2025

Question by KRISHNAMURTHY - Dec 10, 2025Hindi

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Hi, I am a retired person, 66 years of age. Our family has a MUTUAL FUND holding of around 65 lakhs invested mostly in equity funds. We all have a health insurance of Rs 3 lakhs each. We live in our own house and need about Rs 25,000/ month for our expenses, which we get every month by way of SWPs. My daughter has finished her studies , but still has not started earning. I can now invest around Rs 5000 per month in SIPs . Kindly advice me as to which fund I could invest in. Other should I invest in Gold ETFs? Do I need a Demat Account to do the later?

Ans: Hi Krishnamurthy,

It is very good that you have managed to do SWPs to cover your monthly expenses. For additional 5000 investment per month, you can split between the 2:
- 2500 in gold etf (you should have a demat for this)
- 2500 monthly SIP in a multi asset allocator fund.

If you do not want to open demat, can invest 2500 in gold mutual funds also.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
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Question by SURESH - Dec 17, 2025Hindi

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I am 62 years old and I forgot to apply for a monthly pension from EPFO, even though I worked for my previous company for 13 years. I am currently working for another company, but when I try to apply online, I don't see Form 10D; only Form 31 is showing, even though I have left my previous company. pls confirm me what is a issue.

Ans: Hi,

The issue is that you are still employed and online application for monthly pension i.e. Form 10D is available only after you have left service and updated your date of exit on the EPFO portal.
But as you are currently active with a new employer, the system only permits Form 31 for partial withdrawals.

Since you meet the requirements for a superannuation pension (age 62 with 13 years of service), please follow these steps to proceed:

1. Verify Your Service History - Check the "Service History" section of your UAN portal. Ensure your previous employer has officially updated your Date of Exit. The online system cannot process a pension claim without this status update.
2. Use the Offline Application Method - If the online portal remains restricted or encounters technical errors, you must submit a physical application.
* Download Form 10D: Obtain the hard copy from the official EPFO website.
* Employer Attestation: Complete the form and have it signed by your previous employer.
* Alternative Attestation: If your previous employer is unavailable or the company has closed, you may have the form attested by a Gazetted Officer, a Magistrate, or your Bank Manager.
3. Submission Details - Submit the signed form to your regional EPFO office along with the following:
* Three passport-sized photographs.
* A cancelled cheque (for the account where you wish to receive the pension).
* Valid proof of age.

For real-time status updates or specific account queries, you can reach the **EPFO helpline at 14470.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Reetika Sharma |459 Answers |Ask -Follow

Financial Planner, MF and Insurance Expert - Answered on Dec 24, 2025

Question by Bhogu - Dec 11, 2025Hindi

Money

Dear Sir, Kindly enlighten me as to how long one can park ( years ) MFs in growth investments. Do they need to be renewed periodically? Do they lapse on long period of investments?

Ans: Hi Bhogu,

You can park for indefinite period. There is no renewal necessary and there is no lapse. On death of the holder, your family can claim those investments if they have the details.

But since you are a new investor, avoid investing in random funds and take a professionals help.
Do consult a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Reetika Sharma |459 Answers |Ask -Follow

Financial Planner, MF and Insurance Expert - Answered on Dec 24, 2025

Question by deepa - Nov 28, 2025Hindi

Money

I have invested in Quant Small Cap, Quant Infrastructure and Quant Large and Midcap through SIP route. This is almost 18 months and I have never found these 3 on positive so far. Please suggest if I can stop and switch to some one. I plan these SIPs for a time frame of 3 yrs. Best

Ans: Hi,

These funds are not recommended. You can redeem these funds and invest in better funds available. And avoid investing in such random funds yourself. Instead take a professional's help.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

See more questions »

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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