Against my investment , please give suggestion to hold or shift1.HDFC tax saver Direct plan Growth option -Rs.40000/-(Date of Investment 9.3.20) 2. HDFC Developed World IndexesnFund of Fund direct growth -Rs.50000/-(Dt.of Investment21.10.21) 3. HDFC Eqity Savings Fund Direct Plan Growth Option -Rs.70000/-(Dt.of Investment 21.10.21) 4.HDFC Nifty Next50 Index fund direct gowth-Rs.50000/-(Dt.of Investment 3.11.21)

Ans: As an NRI, any capital gains arising from the sale of property in India are subject to taxation under the Income Tax Act, 1961. Here's how the taxation works and some strategies to minimize your tax liability:

Tax on Capital Gains: The capital gains tax is calculated based on the profit earned from the sale of the property. The gain is classified as either short-term capital gains (STCG) or long-term capital gains (LTCG), depending on the holding period of the property.
STCG: If the property is held for less than 24 months (two years), the gains are treated as short-term capital gains and taxed at your applicable slab rate.
LTCG: If the property is held for 24 months or more, the gains are treated as long-term capital gains. For NRIs, LTCG on the sale of property is taxed at a flat rate of 20%, with indexation benefits available.
Indexation Benefit: Indexation allows you to adjust the purchase price of the property for inflation, thereby reducing the taxable capital gains. This helps in minimizing the tax liability on long-term capital gains.
Exemptions and Deductions: Under Section 54 of the Income Tax Act, you can claim an exemption from LTCG tax if you invest the proceeds from the sale of the property in another residential property within a specified period. The exemption is available if the new property is purchased within one year before or two years after the sale, or within three years for under-construction properties. The entire amount of LTCG or the cost of the new property, whichever is lower, is eligible for exemption.
Capital Gains Account Scheme (CGAS): If you are unable to reinvest the proceeds from the sale immediately, you can deposit the gains into a Capital Gains Account Scheme (CGAS) with a designated bank. The amount deposited in the CGAS must be utilized for purchasing a new property within the specified time frame to claim the exemption.
Tax Consultation: Since tax laws can be complex and subject to change, it's advisable to consult with a tax advisor or chartered accountant specializing in NRI taxation. They can provide personalized advice based on your specific situation and help you navigate the tax implications effectively.
By planning your property transactions strategically and leveraging available tax-saving provisions, you can minimize your capital gains tax liability and maximize your returns from the sale of property.

Ans: Thank you for sharing your financial details. It's great to see that you're actively managing your investments and planning for the future. Here are some suggestions based on your situation:

Loan Repayment Strategy: Since your focus is to pay off the loans as soon as possible, consider allocating a significant portion of your surplus income towards loan repayment. You can also explore options like increasing your EMI amount or making lump-sum payments whenever possible to accelerate the repayment process.
Asset Allocation: Review your asset allocation to ensure it aligns with your financial goals and risk tolerance. Since you have substantial investments in mutual funds, stocks, and real estate, ensure diversification across asset classes to minimize risk.
Retirement Planning: Aim to achieve your target of liquid investments worth 7 crores for retirement. Consider increasing your contributions to EPF, NPS, and mutual funds to accelerate wealth accumulation. Regularly review your retirement portfolio's performance and make necessary adjustments to stay on track.
Emergency Fund: Ensure you have an adequate emergency fund equivalent to at least 6-12 months' worth of expenses. This fund should be easily accessible and kept in liquid assets like savings accounts or short-term fixed deposits.
Insurance Coverage: It's great that you have term insurance in place. Review your insurance coverage periodically to ensure it meets your family's needs, especially considering your daughter's future education and other expenses.
Estate Planning: Given your significant assets, consider consulting with a legal advisor to draft a comprehensive estate plan that includes wills, trusts, and other arrangements to protect your assets and ensure they are distributed according to your wishes.
Regular Review: Periodically review your financial plan, taking into account any changes in your income, expenses, goals, or market conditions. Make adjustments as needed to stay on track towards achieving your objectives.
Remember, financial planning is a journey, and it's essential to stay disciplined and patient. By following a well-thought-out plan and making informed decisions, you can work towards achieving your financial goals and securing a comfortable future for your family.

Ans: It's great that you're planning ahead for your financial future. To determine how much more you need to invest to reach your target of 3 Crore by 2036, we'll need to consider several factors:

Investment Horizon: You mentioned that your target is to reach 3 Crore by 2036. This gives us a timeline of 15 years from now.
Expected Returns: While historical returns can give an indication, it's essential to be realistic about future returns. Depending on the asset allocation of your investments, you can estimate an average annual return.
SIP Contribution: You're currently investing 22,000 per month through SIPs, which is a good start. We'll need to calculate how much additional monthly investment is required to reach your target.
Inflation: Consider the impact of inflation on your target amount. Adjusting for inflation will ensure that your target amount maintains its purchasing power over time.
Review and Adjust: Regularly review your investment portfolio and adjust your contributions if necessary based on changes in your financial situation, market conditions, and progress towards your goal.
Without specific details about your current SIP investments, expected returns, and inflation rate, it's challenging to provide an exact figure for additional investment required. However, you can use online SIP calculators or consult with a financial advisor to determine the optimal investment amount to reach your target.

Remember, achieving long-term financial goals requires consistency, patience, and disciplined investing. Stay focused on your objectives, monitor your progress regularly, and make adjustments as needed to stay on track towards your target.

Best wishes for your financial journey!

Ans: You're making a commendable effort towards achieving financial independence at a relatively young age. Here's a plan to help you reach your goal:

Increase SIP: Increasing your SIP amount from 25,000 to 1,00,000 is a significant step towards accelerating your wealth accumulation. It shows your commitment to achieving financial independence.
Diversification: Continue investing across different categories like Large Cap, Flexi Cap, and Small Cap funds to ensure diversification and mitigate risk. Diversification helps spread risk across various assets, reducing the impact of market volatility.
Asset Allocation: Consider your risk tolerance and investment horizon when determining the allocation across different asset classes. As you have a long investment horizon (15 years), you can afford to take a relatively aggressive approach with a higher allocation to equity funds.
Regular Review: Periodically review your portfolio to ensure it remains aligned with your financial goals and risk tolerance. Adjust your investment strategy if needed based on changes in your financial situation or market conditions.
Emergency Fund: Ensure you have an adequate emergency fund covering 6-12 months of living expenses. This fund provides a financial cushion in case of unexpected events like job loss or medical emergencies, allowing you to continue your investments without disruption.
Financial Planning: Consider consulting with a certified financial planner to create a comprehensive financial plan tailored to your goals, risk tolerance, and investment horizon. A professional can provide personalized advice and strategies to help you achieve financial independence by 45.
As for how much to invest in upcoming years, it depends on factors like your income growth, changes in expenses, and investment performance. Continuously reassess your financial situation and adjust your investment contributions accordingly to stay on track towards your goal.

Remember, achieving financial independence requires discipline, patience, and a long-term perspective. Stay focused on your goals, remain committed to your investment plan, and continue learning about personal finance along the way.

Best wishes for your journey towards financial independence!

Ans: Absolutely, you're on the right track with your SIP investments. Here's how you can potentially reach your target corpus:

Consistent Investing: By contributing Rs. 10,000 per month through SIPs, you're consistently investing over time, which can help you benefit from the power of compounding.
Quant Small Cap Fund: Investing Rs. 5,000 monthly in a small-cap fund can offer higher growth potential over the long term, although it comes with higher volatility. Small-cap funds tend to perform well over extended periods but may experience fluctuations in the short term.
Balanced Advantage Fund: Allocating Rs. 5,000 per month to a balanced advantage fund provides a more balanced approach to investing, combining equity and debt instruments to manage risk while aiming for stable returns.
Time Horizon: With a long-term investment horizon until retirement (age 55 or 60), you have the advantage of compounding working in your favor. The longer you stay invested, the greater the potential for your investments to grow.
Market Conditions: It's essential to remain invested through market ups and downs, as trying to time the market can be challenging and may lead to missed opportunities. Stay committed to your investment strategy and focus on the long term.
Regular Review: Periodically review your investment portfolio to ensure it remains aligned with your financial goals and risk tolerance. Consider adjusting your SIP amounts or investment strategy if needed to stay on track towards your target corpus.
While it's challenging to predict exact returns, especially in the volatile world of equity investments, with disciplined investing and a well-diversified portfolio, you have a good chance of achieving your target corpus of 80 lakhs to 1 crore by the time you retire.

Remember, investing is a journey, and staying committed to your financial goals, along with regular monitoring and adjustments, will increase your chances of success.

If you need personalized advice or assistance with your investment strategy, consider consulting with a certified financial planner who can provide tailored recommendations based on your specific financial situation and goals.

Best wishes for your investment journey and future financial success!

Ans: You can write MBA entrance exams but simultaneously try and get some experience. Even if you do not get job in the area of your interest, try to look for other areas that could interest you where you can get some work ex. Internship usually does not have much value during admission to B schools.

Ans: Can do MBA in any field of her interest. In most colleges first year is common where they study different fields. She can decide her specialisation after her 1st year of MBA.

Ans: Depends on her interest. Most common option is to study further to get a specialization in relevant areas of her interest in medical field. Another option is to do courses like Hospital Management or Hospital Administration. Third option would be to do General Management course and either continue in Healthcare Consultancy or move to a different field.

Ans: There is a lot of demand for executives from legal field in Management Consultancy. But for that you may need to do Management course. Students with upto 15 years work ex do Executive MBA course (1 year). You can try your hand in that by writing GMAT and doing MBA from one of the top institutes like ISB, IIM A, B, C, XLRI, Another option is to do courses in career that you are interested in and try to get a job in that domain.