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Sanjeev

Sanjeev Govila  |458 Answers  |Ask -

Financial Planner - Answered on Sep 20, 2023

Colonel Sanjeev Govila (retd) is the founder of Hum Fauji Initiatives, a financial planning company dedicated to the armed forces personnel and their families.
He has over 12 years of experience in financial planning and is a SEBI certified registered investment advisor; he is also accredited with AMFI and IRDA.... more
Monesh Question by Monesh on Aug 25, 2023Hindi
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Hi I want corpus of 1 cr in coming 10 yrs how much I need to save and where to invest? Please suggest.

Ans: To accumulate a corpus of ₹1 crore in 10 years, you will need to invest around ₹44,000/- per month, assuming a return of 12% per annum.

However, it is important to note that this is just a rough estimate. Your actual investment returns may vary depending on a number of factors, such as the type of investments you choose and the market conditions.

Let’s evaluate the popular investments option available in India to invest :-

• FDs: Poor returns and heavy losses due to taxation. Ultimately ‘negative’ post-tax-and-inflation returns.

• Insurance Policies: It is not at all a good choice for investment purposes. It has a small insurance component that your child doesn’t need and has bad investment options clubbed with it.

• Provident Funds: Reasonable returns but returns of about 7-8% per annum are not adequate to beat the way inflation and education costs are rising.

• Mutual Funds: Only equity (stock) based investments can meet your long-term wealth creation goal with compounding effect and a small 10% tax will still ensure your money grows in net terms. Equity Mutual Funds with a SIP facility would meet the requirement in the best manner. However, do check whether your risk profile matches equity investments.
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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Ramalingam

Ramalingam Kalirajan  |8632 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 13, 2024

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Hi..I am 41..In case I want to accumulate a corpus of around 4-5crs in next 10-12 yrs..how much amount should I need to invest and in what type of funds?
Ans: Strategic Financial Planning: Achieving a 4-5 Crore Corpus in 10-12 Years

1. Begin with the End in Mind:
Visualize your financial goal of accumulating a corpus of 4-5 crores within the next 10-12 years. Having a clear vision of your desired outcome will guide your actions and decisions throughout the journey.

2. Understand Your Starting Point:
Assess your current financial situation, including income, expenses, assets, and liabilities. Understanding where you stand financially will help you determine the gap between your current position and your desired goal.

3. Determine the Required Investment Amount:
Calculate the amount you need to invest regularly to reach your target corpus of 4-5 crores within the specified timeframe. Consider factors such as expected rate of return, inflation, and risk tolerance in your calculations.

4. Set Realistic Investment Targets:
Break down your investment target into smaller, manageable milestones. Setting achievable targets will keep you motivated and focused on making consistent progress towards your ultimate goal.

5. Choose the Right Investment Vehicles:
Select investment options that align with your financial goals, risk tolerance, and investment horizon. Mutual funds offer a diverse range of investment opportunities across asset classes such as equity, debt, and hybrid funds.

6. Equity Funds for Long-Term Growth:
Allocate a significant portion of your investment portfolio to equity funds for long-term growth potential. Equity funds have historically delivered higher returns compared to other asset classes over extended periods.

7. Debt Funds for Stability and Income:
Include debt funds in your portfolio to provide stability and generate regular income. Debt funds invest in fixed-income securities such as government bonds, corporate bonds, and money market instruments, offering lower volatility compared to equity funds.

8. Consider Hybrid Funds for Balanced Allocation:
Explore hybrid funds that invest in a mix of equity and debt instruments to achieve a balanced allocation. Hybrid funds offer diversification benefits and can help mitigate risk while aiming for consistent returns.

9. Systematic Investment Approach:
Adopt a systematic investment approach by investing regularly through SIPs (Systematic Investment Plans). SIPs allow you to invest smaller amounts at regular intervals, helping you benefit from rupee-cost averaging and mitigate the impact of market volatility.

10. Review and Adjust Your Strategy:
Regularly review your investment portfolio and track your progress towards your financial goal. Make necessary adjustments to your investment strategy based on changing market conditions, personal circumstances, and financial goals.

11. Seek Professional Guidance:
Consider consulting with a Certified Financial Planner to develop a customized investment plan tailored to your specific needs and objectives. A financial advisor can provide valuable insights, guidance, and expertise to help you navigate the complexities of the investment landscape.

12. Stay Disciplined and Patient:
Achieving a significant financial goal like accumulating a corpus of 4-5 crores requires discipline, patience, and consistency. Stay committed to your investment plan, remain focused on your long-term objectives, and trust in the power of compounding to help you reach your financial destination.

13. Embrace the Journey:
View your financial journey as an opportunity for growth, learning, and self-discovery. Embrace challenges, celebrate achievements, and remain resilient in the face of setbacks. Remember that financial freedom is not just about reaching a destination but also about enjoying the journey along the way.

14. Continuously Improve:
Commit to continuous improvement in your financial habits, knowledge, and skills. Educate yourself about investment strategies, market trends, and financial principles to make informed decisions and optimize your investment returns.

15. Express Gratitude:
Express gratitude for the resources, opportunities, and support that enable you to pursue your financial goals. Cultivate an attitude of abundance, generosity, and appreciation for the blessings in your life, both financial and non-financial.

16. Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |8632 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Aug 13, 2024

Asked by Anonymous - Aug 03, 2024Hindi
Money
I want a corpus of 5 cr in next 8 years. I have a monthly savings around 60k and will start investing the money next year. So how should I invest as I am a beginner
Ans: You aim to build a corpus of Rs. 5 crore in 8 years. This is a substantial target, but with consistent savings and smart investments, it is achievable. You have Rs. 60,000 in monthly savings, which gives you a good base to start with.

Assessing Your Investment Horizon
You have 8 years to reach your goal. This time frame is relatively short for such a large corpus, so your investments need to be aggressive yet balanced.

Since you are starting next year, time is crucial. The earlier you start, the better your chances of reaching Rs. 5 crore.

Consider that investments in equities generally perform better over longer periods, so an 8-year horizon requires a focused strategy.

Building a Strong Investment Plan
Start with SIPs in Mutual Funds

As a beginner, Systematic Investment Plans (SIPs) are an excellent way to start investing.

SIPs allow you to invest regularly without worrying about market timing. This helps in averaging out the cost over time.

Given your savings of Rs. 60,000 per month, start with a significant portion in equity mutual funds. These funds have the potential to generate higher returns.

Include a mix of large-cap, mid-cap, and small-cap funds. This will diversify your portfolio and balance risk and return.

Focus on Actively Managed Funds

Avoid index funds, as they typically track the market and may not deliver the higher returns needed for your goal.

Actively managed funds have the potential to outperform the market, especially when guided by skilled fund managers.

Regular funds, through a Certified Financial Planner (CFP) or a Mutual Fund Distributor (MFD), are preferable over direct funds. They offer professional advice and better fund selection, which is crucial for a beginner.

Debt Funds for Stability

While equity should form the bulk of your portfolio, adding some debt funds can provide stability.

Debt funds are less volatile and can offer modest returns, which can act as a cushion during market downturns.

A small percentage of your portfolio in debt funds is advisable to reduce overall risk.

Increase Investments Gradually

As your understanding of investments grows, increase your SIPs.

Start with Rs. 60,000 monthly and gradually increase it with any salary increments or bonuses. This approach will help you inch closer to your Rs. 5 crore goal.

Regularly review your investments and consider increasing your contributions if your savings allow.

Risk Management
Insurance Coverage

Ensure you have adequate life and health insurance before investing.

A term insurance plan is essential to protect your family's financial future in case of any unforeseen events.

Comprehensive health insurance is also necessary to cover medical expenses, preventing the need to dip into your investments.

Emergency Fund

Before investing, set aside an emergency fund.

This fund should cover at least 6 months of your living expenses. It ensures that you don’t have to liquidate your investments for sudden needs.
Tax Planning and Efficiency
Tax-Saving Investments

Opt for tax-saving mutual funds under Section 80C to maximize your tax savings.

These funds offer tax deductions while helping you build your corpus.

Ensure your investments are tax-efficient to maximize your net returns.

Monitoring and Adjusting Your Portfolio
Regular Portfolio Review

Markets are dynamic, and your portfolio needs regular reviews.

Set aside time annually to review your investments. Assess the performance of your funds and make necessary adjustments.

Rebalance your portfolio if required, especially if there’s a significant market shift or if your personal circumstances change.

Seek Guidance

Since you are a beginner, seeking guidance from a Certified Financial Planner is advisable.

A CFP can help tailor your investment strategy to your specific needs and goals.

Regular check-ins with a professional ensure you stay on track and adjust your strategy as needed.

Staying Disciplined
Consistent Investing

The key to achieving your Rs. 5 crore goal is consistency.

Stick to your SIPs and avoid the temptation to withdraw or stop investments during market fluctuations.

Maintain discipline in your savings and investments. Regular contributions will help you reach your target.

Avoiding Debt

Avoid taking on unnecessary debt during this period.

High-interest loans can eat into your savings and reduce the amount available for investments.

Focus on managing your expenses and avoiding lifestyle inflation that can disrupt your financial planning.

Final Insights
Building a Rs. 5 crore corpus in 8 years is ambitious but possible with a well-planned strategy.

Start early, invest consistently, and keep a balanced portfolio.

Review your investments regularly and adjust as needed.

Seek professional guidance to optimize your investment choices and stay on track.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |8632 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Aug 07, 2024

Asked by Anonymous - Aug 05, 2024Hindi
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I want a corpus of 1 cr in the next 5-6 year. How much monthly amount and where shall I invest for the goal?
Ans: You want to build a corpus of Rs. 1 crore.
Your time horizon is 5-6 years.
This is a medium-term goal with a big target.

Required Monthly Investment

To reach Rs. 1 crore, you need to invest a lot.
Exact amount depends on the returns you get.
Roughly, you might need to invest Rs. 1-1.5 lakh monthly.

Investment Options

For 5-6 year goal, use a mix of equity and debt.
Equity for growth, debt for stability.
Balance between risk and returns is important.

Equity Mutual Funds

Put about 50-60% in equity mutual funds.
Choose a mix of large-cap and multi-cap funds.
These can give good returns over 5-6 years.

Debt Mutual Funds

Invest 30-40% in debt mutual funds.
Consider corporate bond funds and banking & PSU funds.
These provide stability to your portfolio.

Hybrid Funds

Put 10-20% in balanced advantage or aggressive hybrid funds.
These funds adjust equity-debt mix based on market.
They can give steady returns with lower risk.

Systematic Investment Plan (SIP)

Use SIP method for investing in mutual funds.
This helps in rupee cost averaging.
It also makes large investments more manageable.

Regular Monitoring

Check your investments every 3-6 months.
See if you're on track to reach your goal.
Make changes if some funds are not performing well.

Increase Investments Yearly

Try to increase your investment amount every year.
Even a 10% yearly increase can make a big difference.
This helps beat inflation and reach your goal faster.

Risk Management

As you get closer to 6 years, reduce equity exposure.
Move more money to debt funds in last 1-2 years.
This protects your gains as you near your goal.

Finally

Rs. 1 crore in 5-6 years is a big goal.
It needs disciplined and aggressive investing.
Consider talking to a Certified Financial Planner for personalized advice.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

..Read more

Latest Questions
Ramalingam

Ramalingam Kalirajan  |8632 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jun 02, 2025

Asked by Anonymous - Jun 01, 2025
Money
Dear Sir, 1)I am 40 yrs old working for CPSU.Post deduction of monthly CPF + VPF contribution 39000/- ( Corpus: 80 Lacs) & NPS : 28900 (Corpus : 18 Lacs). I have in hand salary of 1 Lac per month. 2) PPF investment - 1.5 Lacs( Corpus: 14 Lacs).Sukanya Samriddhi Yojana- 1.5 Lacs 3)Monthly Investment in MFs is 35000/- (PPFAS: 10000/-, Axis Blue Chip: 5000/-;ICICI Prudential Nifty 50: 5000/-; PGIM Large and Mid Cap direct growth:5000/-; Quant MID Cap & Small Cap: 5000/- each )with corpus 10.5 lacs. 4)Equity Shares worth 18 lacs. Equity SIP: 20000/- Per Month 5)I have taken Home loan on 50 lacs with repayment period of 20 yrs, EMI approx: 37000/-. 6) LIC Policies Annual Premium: 1.7 Lacs 7) I have Post retirement benefit scheme corpus of 48 Lacs 8)I want to repay the Home in 15 yrs. I have miscellaneous expenses of about 7000/- PM.please suggest the ways to pay the loan early and build corpus of 8 crore at 60 yrs age.
Ans: You have built a solid base with multiple income streams and disciplined investing.

At 40, you are in a strong position to create a secure and abundant retirement corpus.

Your goals are clear:

Repay your home loan in 15 years instead of 20.

Build Rs. 8 crore corpus by age 60.

This plan needs structured action and disciplined execution. Let’s assess everything carefully from a 360-degree view.

Salary and Cash Flow – A Good Start
Your in-hand salary is Rs. 1 lakh per month.

After Rs. 39,000 CPF + VPF and Rs. 28,900 NPS deduction, you save a big portion.

You are already investing Rs. 35,000 in mutual funds.

Equity SIP of Rs. 20,000 shows higher risk appetite.

Miscellaneous expense of Rs. 7,000 is low and controlled.

Overall, your income-to-expense ratio is strong.

There is good scope for maximising returns and building wealth faster.

Home Loan – Strategy to Close in 15 Years
EMI of Rs. 37,000 on Rs. 50 lakh loan is well within limits.

Goal: Close this loan 5 years earlier without stress.

First, increase EMI gradually every year by 5-10%.

Use annual bonuses or salary increments to make part-prepayments.

Even Rs. 1 lakh extra per year can reduce term by 3-4 years.

Review loan structure with lender once in 3 years to get best rate.

Do not stop SIPs or equity investment for loan closure. Balance both together.

LIC Policies – Immediate Assessment Needed
You pay Rs. 1.7 lakhs yearly as LIC premium.

These are investment cum insurance plans.

These offer low returns and poor liquidity.

Surrender policies and reinvest money into mutual funds for better growth.

Get a simple term insurance of Rs. 1 crore for family safety.

This will reduce premium cost and improve overall wealth creation.

This one decision alone can add lakhs to your final corpus.

Direct Mutual Funds – Not the Right Choice
You are investing through direct plans in some mutual funds.

This looks cost-saving but can become risky in long term.

Direct funds do not offer any ongoing guidance.

Market changes are frequent. Without advice, you may exit or switch wrongly.

Wrong timing can damage your entire portfolio.

A Certified Financial Planner with MFD code gives portfolio strategy.

Regular fund investments give peace of mind and better asset allocation.

Charges are marginal but value is high.

Please shift your funds to regular plans through an MFD having CFP credentials.

Index Fund Exposure – Needs Reevaluation
You are investing in Nifty 50-based index fund.

Index funds are low-cost but not always right.

They follow the market passively.

No option to reduce exposure in weak sectors.

No active strategy during corrections or crashes.

Actively managed funds perform better in Indian market conditions.

They provide risk-adjusted returns with more flexibility.

Certified Financial Planners can help select best actively managed schemes.

Avoid depending on index funds for long-term goals.

Your Existing Investment Mix – Analysis
Your investments are well diversified across multiple asset classes.

Let us evaluate one by one:

CPF + VPF Corpus – Rs. 80 lakhs

Very stable and safe.

Good for post-retirement pension-like benefit.

No changes needed.

NPS Corpus – Rs. 18 lakhs

Another strong pillar for retirement.

Tax-efficient and low-cost.

Suggest keeping equity allocation at 50%-60%.

PPF Corpus – Rs. 14 lakhs

Excellent for safe long-term returns.

Tax-free and fixed interest.

Continue till maturity.

Sukanya Samriddhi – Rs. 1.5 lakhs/year

Good for daughter’s education or marriage goals.

Stay invested till maturity.

Mutual Fund SIPs – Rs. 35,000/month

Right asset for long-term wealth creation.

Some funds may need rebalancing.

Mid-cap and small-cap should not cross 30% of portfolio.

Equity Shares – Rs. 18 lakhs

Good wealth-building asset.

High risk, but can deliver higher returns.

Do annual review with a Certified Financial Planner.

Target Rs. 8 Crore at 60 – What You Need to Do
You are now 40 years old.

You have 20 years to build Rs. 8 crore.

Let us look at possible actions:

Continue current SIPs of Rs. 35,000 monthly.

Increase this by 10% every year.

Shift direct funds to regular funds.

Rebalance mid-cap/small-cap exposure to keep risk moderate.

Reinvest LIC surrender value in long-term equity mutual funds.

Keep NPS equity allocation between 50%-60%.

Avoid index funds. Choose high quality actively managed funds.

Use Certified Financial Planner for long-term monitoring.

With this discipline, your Rs. 8 crore goal is very realistic.

Insurance – Only Term Plan is Enough
You are spending Rs. 1.7 lakhs yearly on LIC.

These policies mix insurance with investment.

Returns are around 4%-5% only.

Do this instead:

Surrender LIC policies after checking surrender value.

Buy a pure term insurance of Rs. 1 crore.

Annual premium will be around Rs. 15,000 only.

Invest balance Rs. 1.55 lakhs in equity mutual funds.

This will protect family and create higher wealth.

Tax Planning – Ensure You Don’t Overlap Sections
You are contributing to PPF, CPF, NPS, Sukanya.

All these are eligible under Section 80C and 80CCD(1B).

Ensure not to exceed maximum allowed limits.

Use balance funds for equity mutual funds or debt funds.

Emergency Fund and Short-Term Goals
Maintain 6 months’ expenses in a liquid fund.

Do not mix emergency fund with investments.

Plan separately for near-term goals like car, vacation, etc.

Use short-term debt funds for such goals.

Portfolio Rebalancing – Do it Yearly
Every 12 months, review and rebalance your portfolio.

Reduce exposure in overgrown asset classes.

Adjust between large-cap, mid-cap, and debt.

Track performance with support of Certified Financial Planner.

Exit poor performers and reallocate.

This keeps your goal aligned and risk under control.

Final Insights
You are already on a strong foundation at age 40.

Your income is good, savings rate is healthy, and investments are well spread.

But a few corrections are needed to maximise outcomes.

Shift LIC policies to equity mutual funds.

Avoid direct and index funds.

Work with a Certified Financial Planner for guidance.

Stay invested, increase SIPs yearly, and control unnecessary spending.

Your Rs. 8 crore goal is possible with this roadmap.

Stay focused, track yearly, and adapt as needed.

You are moving in the right direction.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

...Read more

Ramalingam

Ramalingam Kalirajan  |8632 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jun 02, 2025

Asked by Anonymous - Jun 02, 2025
Money
I took VRS from SBI in 2023 Due to some personal reasons, I have no loans now , drawing 54000/-pension and I have 40lakhs in FD , and I have RD of 15k monthly from my pension. Is there any option of getting another 50kmonthly if I invest my 40 lakhs
Ans: You have taken thoughtful steps so far. A stable pension, no loan burden, and Rs. 40 lakhs in fixed deposits give a strong base. Also, your Rs. 15,000 recurring deposit shows continued financial discipline.

You wish to generate Rs. 50,000 more per month. Let us evaluate this from all angles, giving you a complete and professional perspective.

Below is a detailed analysis and action plan.

Present Financial Position – A Quick Snapshot
Pension of Rs. 54,000 per month ensures stable monthly income.

No loan burden gives full flexibility for future planning.

Rs. 40 lakhs in fixed deposits is your main investment pool.

Rs. 15,000 monthly RD shows ongoing savings habit from pension income.

Goal: Create another Rs. 50,000 monthly income from Rs. 40 lakhs corpus.

This is a clear and achievable financial objective with the right strategy.

FD-Based Income: Limits and Challenges
Current FD interest rate is around 6.5% to 7.5%.

With Rs. 40 lakhs, monthly income from FD is about Rs. 22,000 to Rs. 25,000.

To reach Rs. 50,000/month, you will need much higher returns.

FD interest is fully taxable as per your tax slab.

Inflation can reduce real value of this income over time.

FD gives safety but not high income or growth.

Monthly Income Generation – Need for Balanced Investment
To reach Rs. 50,000 monthly income, your funds need better growth and efficiency.

You can consider a diversified plan combining stability and higher returns.

A balanced portfolio with Systematic Withdrawal Plans (SWP) from mutual funds will work better.

Let us build this portfolio with simple and practical structure.

Suggested Investment Structure from Rs. 40 Lakhs
Invest Rs. 20 lakhs in debt mutual funds for stability and liquidity.

Invest Rs. 18 lakhs in equity-oriented hybrid mutual funds for growth and moderate risk.

Keep Rs. 2 lakhs in a savings bank or ultra-short-term fund for emergencies.

From the mutual funds, you can set up SWP (Systematic Withdrawal Plan).

It will allow monthly income while keeping principal relatively protected.

Why SWP from Mutual Funds is a Good Option
You can get monthly income like pension, from your investments.

Capital remains invested. Only chosen amount is withdrawn monthly.

It gives better control over taxation and liquidity.

You can stop, increase or reduce SWP any time.

If invested in hybrid and equity-oriented funds, returns are higher than FD.

Mutual Fund Category-wise Investment Purpose
Debt Mutual Funds (Rs. 20 lakhs):

These are less volatile than equity.

Suitable for regular income and lower risk.

Returns around 6.5% to 7.5% are possible.

Ideal for SWP of Rs. 15,000 per month.

Hybrid Mutual Funds (Rs. 18 lakhs):

These invest in both equity and debt.

They aim for balanced growth with moderate risk.

You can withdraw Rs. 30,000 to Rs. 35,000 monthly from this portion.

Over long-term, it protects against inflation better than FD.

Disadvantages of FDs in This Context
FD interest is taxed fully as per your slab.

No flexibility in income withdrawal timing.

Pre-mature exit reduces interest rate.

FD returns often fail to beat inflation in the long run.

For retirees needing monthly cash flow, SWP is more tax-efficient.

Monthly Income Plan Using SWP – Illustration
Rs. 15,000/month SWP from debt mutual fund.

Rs. 35,000/month SWP from hybrid mutual fund.

Total Rs. 50,000 per month income possible.

Equity portion helps capital grow and beat inflation.

Debt portion ensures stability and cash flow.

Taxation in Mutual Funds – New Rules (Important)
Long-Term Capital Gain (LTCG) from equity above Rs. 1.25 lakhs is taxed at 12.5%.

Short-Term Capital Gain (STCG) from equity is taxed at 20%.

Debt fund gains (LTCG/STCG) taxed as per income slab.

SWP gives flexibility to manage tax better than FD or annuity.

Why You Must Avoid Annuities
Annuity returns are fixed and very low.

No growth in invested capital.

Entire income is taxable.

No liquidity or early withdrawal option.

Once locked, you cannot change or exit.

It is not suitable for someone like you who needs control and better returns.

Why Actively Managed Mutual Funds are Better Than Index Funds
Index funds blindly copy market index.

No flexibility during market correction or volatility.

Actively managed funds adapt to market changes.

Fund manager can shift money based on market cycle.

These often outperform index funds in India.

You get professional fund management and risk control.

Why Not to Choose Direct Funds
Direct funds have no advisor support.

You may not know when to switch or hold.

Wrong decision can cause major loss.

Regular funds through a Certified Financial Planner give long-term guidance.

You get regular review and goal tracking.

Peace of mind is worth the small extra expense.

Why Not Real Estate
You mentioned no interest, and rightly so.

Real estate needs high capital.

Low rental yield and poor liquidity.

Long legal and selling process.

Risk of maintenance and disputes.

Not suitable for regular income post-retirement.

360 Degree Plan: Other Steps You Must Consider
Review RD after 12 months. Re-invest in mutual fund SIP for growth.

Keep 6 months’ expenses in liquid fund for emergency.

Nomination and Will should be updated for all investments.

Keep health insurance valid. Don’t depend only on pension for medical.

Track mutual fund performance every 6 months with Certified Financial Planner.

Increase SWP every 2 years to fight inflation.

Don’t break FD fully at once. Convert slowly as mutual fund corpus grows.

Never invest full money at once in equity. Use staggered approach.

Final Insights
You have done a great job by retiring without any loans.

Pension, FDs and RD show strong foundation. You need better returns now.

Rs. 50,000 monthly income from Rs. 40 lakhs is possible with mutual fund SWP strategy.

This approach gives income, tax efficiency and capital growth together.

FDs and annuities limit flexibility and returns.

A diversified mutual fund portfolio is your best choice today.

Work with a Certified Financial Planner to track this plan.

They can guide review, rebalancing and risk control.

Don’t delay. The sooner you start, the better your income security will be.

This plan gives you peace, stability and freedom in retirement.

Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

...Read more

Nayagam P

Nayagam P P  |5606 Answers  |Ask -

Career Counsellor - Answered on Jun 02, 2025

Nayagam P

Nayagam P P  |5606 Answers  |Ask -

Career Counsellor - Answered on Jun 02, 2025

Career
Hello Sir, Good morning. This is Suchithra Reguraj. My daughter is going to complete her Mtech in Robotics and AI this year. We have the confusion between going to job or doing PhD further. Could you guide us what are the scope in these two different tasks. Hope you reply soon. Thank you.
Ans: Suchitra Madam, For an M.Tech graduate in Robotics and AI, both industry roles and PhD pathways offer distinct advantages. Industry positions provide immediate entry into high-growth sectors like manufacturing, healthcare, and tech, with Robotics Engineers earning ?4.5–30 LPA and AI Engineers commanding ?5–50 LPA, depending on experience and specialization. Top firms like Amazon, Microsoft, and TCS recruit for roles in AI development, automation, and robotics R&D, emphasizing practical skills over advanced degrees for most positions. Industry work focuses on deploying scalable solutions, with faster project cycles and exposure to cutting-edge tools like AI-driven automation and computer vision. Conversely, a PhD enables deep research contributions in academia or corporate R&D, with opportunities to lead innovations in areas like reinforcement learning, autonomous systems, or human-robot interaction. PhD holders often secure senior roles (e.g., AI Architect, Research Scientist) with salaries up to ?26 LPA in India or global positions at labs like DeepMind, alongside academic careers averaging ?20.3 LPA for professors. However, academia demands postdoctoral experience for tenure-track roles and prioritizes publications over immediate applications. While only 15% of AI jobs require a PhD, it remains critical for research-heavy roles. Recommendation: If financial independence and hands-on tech impact are priorities, pursue industry roles now, leveraging the robust job market. If driven by research curiosity and long-term leadership in innovation, a PhD offers strategic depth, though it requires 3–5 years of commitment with delayed earnings. Balance immediate goals with passion for discovery to decide. All the BEST for your Daughter's Admission & a Prosperous Future!

Follow RediffGURURS to Know More on 'Careers | Money | Health | Relationships'.

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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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