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Ramalingam

Ramalingam Kalirajan  |2770 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 15, 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
Anupam Question by Anupam on Apr 11, 2024Hindi
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Money

Hi Sir, I am Anupam , a doctor by profession. I am a Medicine Specialist with a good private practice . My annual income comes to around 15 lakhs . I want to invest in Mutual Funds . My goals ultimately remain in building my own hospital setup. Which mutual fund is advisable for me ?

Ans: Given your profession and goal of setting up your own hospital, you have a long-term horizon and a good income to support investments. Considering your goal and the need for capital appreciation over time, here's a suggestion:

Equity Mutual Funds:

Large Cap Funds: These are less volatile and provide stability over the long term. They invest in well-established companies.
Mid and Small Cap Funds: These have higher growth potential but come with higher volatility. Given your longer time horizon, they can be a part of your portfolio for potential higher returns.
Suggested Allocation:

Large Cap: 50%
Mid & Small Cap: 30%
Debt Funds: 20% (For stability)

Remember, it's essential to periodically review and adjust your portfolio based on performance, market conditions, and your financial situation. Consulting with a financial advisor can provide personalized advice tailored to your needs.
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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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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