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Ramalingam Kalirajan |7122 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 10, 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

Asked by Anonymous - Apr 09, 2024Hindi

Hi Sir, My age is 40 and am in investing in below mutual funds for my daughters education and my retirement. Kindly review and provide your valuable feedback. UTI NIFTY 50 index fund- Rs.2000 Motilal oswal midcap 150 index fund - Rs.2000 Nippon india small cap 250 index fund.- Rs.2000 Motilal oswal micro cap 250 index fund - Rs.2000 Sbi small cap fund - rs.1500 Mirae asset large and mid cap fund - rs.2900 Motilal oswal nasdaq 100 FOF - rs.3000

Ans: Your investment portfolio appears well-diversified across various market segments, which is a prudent approach. However, it's essential to consider a few points:

Overlapping: Ensure there's no significant overlap in holdings across funds, especially in terms of underlying stocks.

Risk Management: Small and mid-cap funds can be volatile. Ensure you're comfortable with the risk associated with these segments.

Performance: Regularly monitor the performance of your funds and make adjustments if any underperform consistently.

Goal Alignment: Review periodically to ensure your investments align with your financial goals for your daughter's education and your retirement.

Consider consulting with a financial advisor for personalized advice tailored to your specific circumstances and objectives.

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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Sir, I am 53-year-old and currently investing in the following mutual funds, the amount mentioned against it. Please advise if this investment is right or if I have any better option. 1. SBI Blue Chip Fund Direct Growth: Rs 5000 2. Mirae Asset Large Cap Fund: Rs 3000 3. HDFC Equity Fund Direct Growth: Rs 3000 4. HDFC Small Cap Fund Direct Growth: Rs 3000 5. Kotak Emerging Equity Scheme Growth: Rs 2000 6. ABSL Front Line Equity Fund Growth: Rs 4000 7. Franklin India Blue Chip Fund Direct Growth: Rs 3000 8. Franklin India Equity Fund Direct Growth: Rs 3000

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Name of the Fund	Category	RankMF Star Rating
SBI Blue Chip Fund Direct Growth	Equity - Large Cap Fund	4
MiraeAsset Large Cap Fund	Equity - Large Cap Fund	4
HDFC Equity Fund Direct Growth	Equity - Multi Cap Fund	4
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Ramalingam Kalirajan |7122 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 14, 2024

Question by mastanvali - May 01, 2024Hindi
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Hi, I'm 36 years old. I live in hyderabad with wife and 2 kids . For their education and post retirement life ( planning to retire at the age of 55) , I stared investing in mutual funds from last 2 years . Current investment is 6.2L in below funds- 1.Axis small cap 2.parag parikh flexi cap. 3.Quant Absolute growth fund 10k in each per month for now. Planning to increase 10% each year. Am I going in right direction for my financial needs? Please suggest improvements based on my needs.

Ans: That's a great start to your investment journey! Starting to invest for your children's education and your retirement at 36 shows responsibility. Let's discuss your plan and suggest some improvements:

1. Investing for Goals!

Smart Thinking! Planning for your children's education and your retirement through SIPs in Mutual Funds is a smart approach. Actively managed funds like these have fund managers who try to outperform the market by picking stocks they believe will grow.

Long-Term Goals: Your investment horizon for both your children's education (assuming they are young) and your retirement (19 years) is good for long-term wealth creation.

2. Analyzing Your Portfolio:

Small Cap Focus: Having a majority of your investment in a Small Cap Fund might be a bit risky. Small Caps can be more volatile than other market capitalizations.

Diversification Matters: Consider adding a Large Cap or Mid Cap Fund for better diversification across different market segments.

3. Planning for Education Costs:

Cost of Education: Education costs can rise significantly. Review the potential cost of education closer to the time and adjust your investments if needed.

Early Start is Key! Starting early allows for compounding to work its magic. You're on the right track!

4. Planning for Retirement:

Consider Debt Funds: As you approach retirement, consider adding Debt Funds to your portfolio to provide stability and regular income.

Review and Rebalance: A Certified Financial Planner (CFP) can review your portfolio periodically and suggest adjustments to keep you on track for your retirement goals.

Here's the key takeaway: You've made a great start! Consider diversifying your portfolio, reviewing education costs closer to the time, and adding Debt Funds for retirement. Consulting a CFP can help you fine-tune your plan and achieve your financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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