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Ramalingam

Ramalingam Kalirajan  |7922 Answers  |Ask -

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
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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
HDFC Small Cap Fund Direct Growth Equity - Small cap Fund 2
KotakEmerging Equity Scheme Growth Equity - Midcap Fund 4
ABSL Front Line Equity Fund Growth Equity - Large Cap Fund 4
Franklin India BlueChip Fund Direct Growth Equity - Large Cap Fund 3
Franklin India Equity Fund Direct Growth Equity - Multi Cap Fund 3

4-star rated ones can be continued, remaining 3 may be changed;

Large cap Suitable options considering quality and value for money at present levels is Mirae Asset Large Cap Fund

Small Cap: Suitable options considering quality and value for money at present levels are Kotak Small Cap and Axis Small Cap

Multicap: Suitable options considering quality and value for money at present levels are UTI Equity Fund, Axis Multicap and Motilal Oswal Multicap 35

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Ramalingam

Ramalingam Kalirajan  |7922 Answers  |Ask -

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

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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

..Read more

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Ans: Hello;

Point wise answers to your queries as given below:

1. Yes.
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My simple advice to you would be to get back to some job while you can continue to ponder over your long term goals/passion/pursuits.
Sitting idle (with no funds) at home won't help & it is not going to do any good to your career/life plans.
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Say you earnestly wish to pursue higher studies than you need to get yourself these answers 1) Why you need a higher degree in first place ? 2) Will it help you to get job/career of your choice? 3) If yes, then shortlist some relevant good courses & start exploring admit process etc. 4) Meanwhile do account for funds that will help you to time your break from the job (savings, loans etc.)
Likewise ask yourself questions for each option you have in mind & be honest in responses, that will help you to zero on your real aspiration & then do the proper detailing/planning. This may entail some compromises in short term but will certainly pave your way to achieve long term goals.

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Hello dear sir, I gave the 12th state board exam in 2024. I have given jee main three attempts I haven't given jee advanced exam yet . I have got less percentage in 12th , So will I have two more attempts for JEE Advanced? after doing 12th from state board and CBSE board?
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Hello dear sir, I gave the 12th state board exam in 2024. I have given jee main three attempts I haven't given jee advanced exam yet . I have got less percentage in 12th , So will I have two more attempts for JEE Advanced? after doing 12th from state board and CBSE board? matlab mere jee advanced dono baki hai aur jee main ke three attempts baki hai aur mere 12th me percentage kam aye hai kya mai fir se 12th state board ya Cbse board se 12th karke kya mai dobara jee main aur jee advanced de sakta hu ?
Ans: JEE Main & JEE Advanced Attempt Rules (2025 & 2026)
JEE Main Attempt Rules:

A candidate can attempt JEE Main for 3 consecutive years after passing Class 12.
Since you appeared for the Class 12 board exam in 2024, you can appear for JEE Main in 2024, 2025, and 2026.
You have already given JEE Main three times, so your remaining attempts are 2025 & 2026.
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Me and my girlfriend we both are in relationship from about last 2 years (almost). After such a long time I got to know that she had 2 relationships before me that too she didn't told I got to know it by third person she was sexually involved too (not intercourse but yes other things with one of them)... When I asked her that why you didn't told anything to me before she said she was scared that if she'll tell it to me so I'll leave her and she really did not wanted that... She was scared to loose me. And she was still in contact with that guy and when I asked her that why you were still in contact with him (it's been around 3 years they got separated) so she says that she is like that only... She can't deny anyone because of her soft hearted nature but she did not had any feelings for him. She also said that once she even went to meet him when he requested to meet and also on the same she claims that her soft hearted nature has done that she wasn't able to deny. I loved her too much but now all these things are hurting me like anything. (She is my first relationship before her i never had anyone)
Ans: Dear Anonymous,
I understand that you are hurt and the complexities of the hearts might be difficult sometimes to grasp. The first reason for your sorrow, her past relationship, and the fact that she was physically intimate with them is not completely justifiable. Though I understand that you feel hurt because she did not disclose it to you, still it should not matter so much as to ruin your present relationship. And whether she will open up about such sensitive details is actually up to her. It has nothing to do with how much she loves you or trusts you. Please understand that.

Now coming to the next thing, the fact that she is still in touch with them and has even met one of them, that is slightly concerning. It would have been okay if she did that openly- please understand that I am not saying she should have asked for your permission, but rather discuss the same with you. Moreover, in a relationship, it is also important to understand how much your partner is comfortable with- goes for both men and women. If you are uncomfortable with her relationship with her exes, she should consider that. I would have said the same if the table was turned. I suggest you have a clear conversation with her and express how you feel about this situation- depending on how she reacts and how the conversation goes, you both can think about the next step.

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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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