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Recovering from a market downturn - Should I sell now or wait?

Milind Vadjikar |1084 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Jan 24, 2025

Milind Vadjikar is an independent MF distributor registered with Association of Mutual Funds in India (AMFI) and a retirement financial planning advisor registered with Pension Fund Regulatory and Development Authority (PFRDA).
He has a mechanical engineering degree from Government Engineering College, Sambhajinagar, and an MBA in international business from the Symbiosis Institute of Business Management, Pune.
With over 16 years of experience in stock investments, and over six year experience in investment guidance and support, he believes that balanced asset allocation and goal-focused disciplined investing is the key to achieving investor goals.... more

Question by Bishnu on Nov 20, 2024Hindi

Money

Sir, I am 73 years old and a retired pensioner. I have invested Rs11 lakhs 3 months ago in stocks comprising of ITC, Reliance, SBI and Coal India. Except SBI, the remaining 3 stocks are now down by about 7.5 to 15% on its investment value. The current overall unrealised loss is about Rs1 lakh. I am also investing in mutual fund and ETF on SIP mode, which are also in red. Since, the market has a bear run now, kindly suggest whether to exist now or to wait for the market to recover. My time time horizon is short term considering my age.

Ans: Hello;

You should exit your direct equity investment as early as possible and close the demat/trading account.

Also mutual fund investments for 3-5 year horizon should be in equity savings type mutual funds or conservative hybrid debt funds.

Avoid exposure to pure equity funds/ETFs.

It is not suitable for your age and time horizon.

Best wishes;
X: @mars_invest

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 am holding the following shares. THESE SHARES ARE IN VERY BAD SHAPE & CREATED ME HEAVY LOSS. Pls. suggest me whether to Hold, Buy on dips or Exit. I am a small investor invested a meagre amount of 1.25 lakhs spread across various years (not a single time investment).

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Hi sir, My total value of stocks is around 52 lakhs. Investment is 30.5L. Major shares at average are SBI 900 @ 280, MINDTREE 100 @800, IDFC 1100 @45, NCC 2700@30, BOB 550@100, divis lab 150@ 1500, Tech Mahindraa. 150@350, infosys 170@900, sbi cards110 @750. Please advice me what to do. Sell of and jump to mutual funds or hold and continue. Also please suggest better stocks for investment of 5L. ouf themmmmmmore Inew scrpts I can add...Thanks in advance..

Ans: Sell SBI Cards and NCC. Add more in Infy and TechM. This platform is not for new recommendation. Please approach a SEBI registered investment adviser for new advice. you can find them on https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes&intmId=13

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Question by nagamani - Nov 14, 2024Hindi

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I had invested Rs 2,50,000 in different mutual funds(sip and onetime). Annualised returns were upto 30%. But now due to present market situation it has come down to 15%.shall Wait for the market to improve or withdraw partially to prevent further loss because. In shares also I have have suffered abt 5% loss in the invested amount

Ans: Hello;

If your time horizon for investment is long term (7 yr+) then you may ignore these notional losses and stay invested and continue your sips.

If your target is near or dip in investment value is affecting your health then you should exit and invest in other investments avenues.

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Hello sir, I invested in following stocks, kindly suggest me should i continue investing in these stocks or exit. My time horizon is 15 to 20 year Itc 10, hindzinc 15, tatatech 209, vedl 115, recltd 27, tatasteel 162, ntpcgreen 50, warreertl 29, Ntpc 32 Presently invested 3.8L here and like to continue add in these stocks.

Ans: 15 to 20 years is an amazing time span. Good picks, stay invested.

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Hi, I'm Lavan Kumar, i'm 34 year old married, one daughter of 6yr old. my current take home salary is 80k. my current PF balance as on Jan'25 is 8.5L Holding 1Cr term insurance with a premium of 18K per annum medical premium of 40k per annum for my family ( including parents). PPF Balance is 1.18L, investing around 20K per year investing in NPS from Dec'22 onwards and currently holding 2L and investing 50K every year and also investing 4500 monthly through employer from my salary( above mentioned sal is excluding this amt) Investing 9k per month in 5 mutual funds 1.Kotak infrastructure and Economic reform fund - 2k 2.Quant infrastructure fund -2k 3.Bandhan sterling value fund - 1k 4.SBI long term equity fund - 2k 5.Quant Multi Asset fund - 2k Paying LIC of 27K per year for 10L sum assured. currently holding a personal loan with an EMI of 27k per month, same will be closed by Dec'25. Please guide me on how to achieve 1Cr in next 10 years and where to invest to achieve my target.

Ans: Hello;

You may be able to achieve 1 Cr corpus in the following manner;

1. Do a flat monthly SIP of 50 K for 10 years.

2. Begin with a monthly sip of 15 K and step it up every year by 30% minimum.

Other option is to do a flat monthly sip of 20 K for 17 years to achieve 1 Cr.

A modest return of 10% is considered.

Also your funds need a complete rejig for which you may get in touch with a MFD.

Best wishes;
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I have sold a flat on 12th Feb2025 for Rs.65 lacs. I have bought this for Rs.11 lacs on 5th April 2005. I do not wish to buy another property . I wish to invest in Capital Gains Tax Saving Bonds. I am 72 years old. How much is the LTCG ? How much do I need to invest in the CG Tax Saving Bonds to minimise the tax ? What will the tax amount payable ? Thanks and regards

Ans: 01. Based on available information, you may opt for LTCG with Indexation.
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sir, I want to check how much money i have in my IT file . i want to purchase land, so want to make confirm is their sufficient amount in file. For this which amount i have to check. Please advice.

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Asked by Anonymous - Feb 26, 2025Hindi

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I sold a property for Rs130 lacs in this month. I bought it for Rs.18 lacs in August 2005. I bought in joint name of self and spouse. I got the sales payment equally in both names. We do not wish to buy another property as I am over 70 years of age and my wife over 67 years. How much should we each invest in CG Tax saving bonds to get exemption ? Both of us are filing returns separately.

Ans: 01. Based on available information, you may opt for LTCG with Indexation.
02. CG Tax Saving Bonds may be purchased for Rs.35.00 lakh each. It may reduce your tax payment significantly.
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Hi My father purchase ist and barsati floor in 1986 @ 2 lac... He made 3rd floor construction... We dont have construction expenses bills Now he want to sell@ 10 lac each floor to 3 indiviual buyers, means total 30 lac sale considration ., how it can be shown in income tax... Will 2 lac buy value is divide in 3 floor?

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Hello Sir, I am 35 year old working women & having SIP of 51K for 15 years. I started it 2 years before.(Current amount is 14L) My salary is 85K per month. I have 10 years daughter. I have currently purchased 2BHK home having home loan of 50L for 15years.My target is close the loan in next 5 years. Rent is coming 15K. EMI is 70K.(35K husband pays the EMI).NPS is 50K yearly. LIC 35K yearly. I want to retire by 2036 with amount of 2cr.Please suggest.

Ans: Hello;

With your current sip of 51 K you may be able to achieve a corpus of 2.13 Cr in 15 years time frame. (Assuming modest return of 10%).

You may use partial withdrawal from NPS/EPF, if any, and LIC policy proceeds to prepay the home loan.

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Till now I was filing income tax returns every year including the rental income for a flat jointly owned by me and my wife. For AY 2024-25, the rent was included in my wife’s ITR for convenience and no ITR wea filed by me as I had no other income. Is this ok?

Ans: No

Rental Income is required to be offered by owner/owners who has contributed in acquiring the property.

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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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