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Ramalingam Kalirajan |1049 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 17, 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 - Dec 15, 2023Hindi

Money

Hi Sir, Current I'm investing in ICICI prudential (3K) and Aditya Birla Sun Life (2K). I would like to create 1crore return in next 20 years

Ans: To achieve a ?1 crore corpus in 20 years, you'll need a systematic and disciplined approach to investing. Here's a tailored strategy for you:

Certified Financial Planner (CFP): Consult a CFP to design a personalized financial plan considering your risk tolerance, goals, and time horizon.

Increase SIP Amount: Gradually increase your SIP amount annually to boost returns. Even a small increase can make a significant difference over time.

Diversify Portfolio: Invest in a mix of equity, debt, and balanced funds to balance risk and returns. Consider adding funds from different sectors and market caps for diversification.

Stay Invested: Maintain a long-term perspective and avoid frequent changes to your investment strategy. Consistency is key to achieving your goal.

Review and Adjust: Regularly review your portfolio with your CFP to ensure it's aligned with your goal. Make necessary adjustments based on market conditions and performance.

Assuming an average annual return of 10%, you'll need to invest approximately ?9,000 to ?10,000 monthly to reach ?1 crore in 20 years. Adjust this amount based on your expected returns and consult your CFP for a more accurate calculation.

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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Question by syed - Oct 13, 2022Hindi

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I am 34 years old. I need 1cr in next 10-12 years. I have invested in below mutual funds. Please give your valuable suggestions. 1. Tata digital India fund regular growth-2500/ month 2. ICICI prudential flexicap fund direct plan growth- 7000/month 3. ICICI prudential smallcap fund direct plan growth- 2000/month

Ans: Funds are fine, for a corpus of Rs 1 cr; Rs 40K monthly investment is required.

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Ramalingam Kalirajan |1049 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 15, 2024

Asked by Anonymous - Apr 15, 2024Hindi

Money

Hi Sir, I am 40 years old and have been doing a SIP of 2,00,000 for the last year, equally split in below four mutual funds, and I am planning to invest for the next 20 years to build 20cr for my retirement corpus 1) HDFC Index S&P BSE Sensex Fund 2) Kotak Equity Opportunities Fund 3) Parag Parikh Flexi Cap Fund 4) Axis Small Cap Fund

Ans: Given your investment horizon of 20 years and a substantial SIP amount, your selection of funds across different market caps and strategies is a good start. To achieve a 20cr corpus, ensure regular review of fund performance and market conditions. Consider increasing SIP amounts periodically to align with inflation and potential market growth.

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Ramalingam Kalirajan |1049 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 30, 2024

Asked by Anonymous - Jan 29, 2024Hindi

Money

I am a female aged 40. My present monthly gross pay is 4.09 lacs. I have a house property which has approx current market value is 1 cr and I have a pending home loan of 25 lacs. I have annual investments of NPS tier1 50k, ppf 1.5 lacs and monthly vpf of 1.25 lacs. My home loan emi is 24.716k. I am married my husband is also well placed and earn little more. We stay in my house and share our expenses equally. My share of expense is within 50k including emi. Both have old arents but they are more or less financially independent. I have an immediate goal to buy a second home at around 2.5 to 3 cr. I have liquid cash of around 50 lacs. I request opinion means to fulfill my goal and also to grow wealth in future

Ans: It sounds like you're in a solid financial position with a clear goal in mind. Given your stable income, existing investments, and liquid cash reserves, you're well-positioned to work towards purchasing a second home.

To fulfill your goal of acquiring a property valued between 2.5 to 3 crores, you may want to consider several strategies:

Continue Building Savings: Maintain your disciplined approach to savings and continue contributing to your investments, such as NPS, PPF, and VPF. This will help grow your wealth over time and provide additional funds for your property purchase.
Review Budget and Expenses: Since you and your husband share expenses equally, ensure that your budget allows for adequate savings towards your property goal. Look for opportunities to optimize expenses and redirect funds towards your savings goal.
Utilize Existing Assets: Your existing house property, with its current market value of 1 crore, can potentially serve as collateral or contribute towards the down payment for your second home. Explore options to leverage this asset effectively.
Investment Diversification: While your current investments are solid, consider diversifying your portfolio to spread risk and potentially enhance returns. Consult with a Certified Financial Planner to explore investment avenues that align with your risk tolerance and long-term objectives.
Mortgage Options: Evaluate different mortgage options available to finance the purchase of your second home. Compare interest rates, loan terms, and eligibility criteria to choose the most suitable option for your financial situation.
Professional Guidance: Given the complexity of your financial situation and the significant investment involved, seek guidance from a financial advisor or planner. They can provide personalized advice and help develop a tailored plan to achieve your property ownership and wealth growth objectives.
By combining prudent financial management with strategic planning, you can navigate towards fulfilling your goal of purchasing a second home while continuing to build wealth for your future.

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Ramalingam Kalirajan |1049 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 30, 2024

Question by Abhay - Jan 29, 2024Hindi

Money

HI I am 51 years with an ivestment of around 65 lacs in mutual funds and having a monthhly sip of 17000/-. Will I be able to get a corpus of 2.5 cr in coming 10 years.

Ans: At 51, having already built a substantial investment portfolio of around 65 lakhs and maintaining a disciplined SIP of 17000/- per month is a commendable feat. However, projecting whether you can reach a corpus of 2.5 crores in the next 10 years requires a careful assessment of various factors.

To determine the feasibility of your goal, consider factors such as your investment portfolio's asset allocation, expected returns, and additional contributions over the next decade. It's essential to review your portfolio's performance periodically and make adjustments as needed to stay on track.

A Certified Financial Planner can provide a detailed analysis tailored to your specific circumstances, considering your risk tolerance, investment horizon, and financial goals. They can help you create a roadmap to maximize your investment potential while managing risk effectively.

While achieving a corpus of 2.5 crores in 10 years may pose challenges, with a well-constructed investment strategy and disciplined approach, it's certainly within reach. Stay focused on your long-term objectives, and with prudent decision-making, you can work towards realizing your financial aspirations.

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Ramalingam Kalirajan |1049 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 30, 2024

Asked by Anonymous - Feb 01, 2024Hindi

Money

Hi Sir. I want 1 crore after 5 years. I can invest monthly 1 Lac. please suggest funds.

Ans: Your goal of accumulating 1 crore in 5 years with a monthly investment of 1 lakh is ambitious and commendable. To achieve this, it's crucial to select investment avenues that offer growth potential while aligning with your risk tolerance and time horizon.

Consider allocating your monthly investment across a diversified portfolio of mutual funds, including a mix of equity and debt funds. Equity funds have the potential for higher returns but come with higher volatility, while debt funds offer stability but generally lower returns.

A Certified Financial Planner can help tailor a portfolio that suits your goals and risk appetite. They may suggest a combination of large-cap, mid-cap, and small-cap equity funds for growth potential, along with debt funds or balanced funds for stability.

Regularly review your portfolio's performance and make adjustments as needed to stay on track towards your goal. Remember, patience and discipline are key to long-term wealth creation. With a well-constructed portfolio and prudent investment decisions, you can work towards realizing your financial aspirations.

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Ramalingam Kalirajan |1049 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 30, 2024

Asked by Anonymous - Feb 02, 2024Hindi

Money

My monthly income is 1 lakh in hand. I pay an EMI of 30k for my personal loan and another 25k for debt. I invest 20k per month in mutual funds and it's divided in quant small and mid cap, Nippon small cap, Canara robeco bluechip, hdfc nifty index and axis small cap index. Do I need to make changes in my portfolio.

Ans: It's impressive to see how diligently you manage your finances amidst your monthly commitments. Your dedication to investing despite the loan repayments showcases your commitment to long-term financial growth.

Considering your current portfolio, it's essential to periodically review and reassess your investment strategy. Ask yourself, are your investments still aligned with your risk tolerance and financial goals? Have you considered diversifying further to spread risk?

As a Certified Financial Planner can provide personalized insights tailored to your specific circumstances, seeking their guidance could prove invaluable. They can help you evaluate your portfolio's performance and identify any necessary adjustments to optimize your returns while managing risk effectively.

Remember, financial planning is a journey of constant evolution. By staying proactive and seeking expert advice when needed, you're positioning yourself for a secure and prosperous financial future.

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Ramalingam Kalirajan |1049 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 30, 2024

Question by Vinesh - Feb 02, 2024Hindi

Money

I am vinesh I invest 5000 sip in white oak mid cap fund 3000 sip in Invesco india contra fund 5000 sip in mirae asset large and mid cap fund... I want to invest more 5000 Rs... Can you suggest any other fund..? Can I start sip in Quant small cap fund or Quant Active fund..?

Ans: Vinesh, it's great to see your proactive approach to investing and seeking further opportunities to grow your portfolio. When considering adding another fund to your SIPs, it's essential to maintain a balanced and diversified portfolio.

Quant Small Cap Fund and Quant Active Fund are both options worth exploring, but remember to conduct thorough research before making a decision. Assess factors like fund performance, expense ratios, investment strategy, and the fund manager's track record.

Additionally, consider your risk tolerance and investment goals. Small-cap funds tend to be more volatile but can offer higher growth potential over the long term, while active funds rely on the expertise of fund managers to outperform the market.

Before proceeding, it's advisable to consult with a Certified Financial Planner who can provide personalized advice based on your financial situation and objectives. With careful consideration and guidance, you can make informed decisions that align with your investment goals.

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Ramalingam Kalirajan |1049 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 30, 2024

Asked by Anonymous - Feb 08, 2024Hindi

Money

i v institutional international demat account usa i v earn good profitin trading now international trader zoykas dont allow to withdraw money they says first pay 15 % taxes then we release money they are not allow to withdrw money which i deposit then what to do

Ans: It's distressing to hear about your predicament with Zoykas. Dealing with such situations can be overwhelming, but it's crucial to approach them with caution and clarity.

Firstly, verify the legitimacy of Zoykas and their policies. Ensure they are compliant with relevant regulations and laws governing international trading.

Next, consider seeking assistance from legal experts familiar with international financial matters. They can provide insights into your rights and options for recourse.

Furthermore, reach out to your institutional international demat account provider for guidance and support. They may have experience in handling similar cases and can offer valuable advice on navigating the situation.

Remember to document all communications and transactions with Zoykas for future reference. Transparency and thoroughness will be key in resolving this matter effectively.

Above all, remain vigilant and cautious when dealing with international trading platforms, and prioritize safeguarding your investments and financial well-being.

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Relationships Expert, Mind Coach - Answered on Apr 30, 2024

Asked by Anonymous - Apr 30, 2024Hindi

Relationship

Hello Madam I am married from 6 months, I am confused weather I should produce kids or not, because I think producing a kid brings financial and emotional responsibilities to us. Can you advise what should I do, because I don't want to come under society pressure, please share your expert advise Thank you

Ans: Dear Anonymous,
How you view life will determine your choices in life.
If a child is a production, then obviously the product comes with operational and maintenance costs.
But if you thought of children as one born out of love that fills joy into your life, the responsibilities that you have mentioned become joys.
Yes, having children and raising them is not an easy task BUT if you have the right frame of mind, you possibly will learn to enjoy that as well irrespective of what society expects of you.
So, first start to re-define the meaning you have attached to children. Once that happens, you will be in a better mind space to understand whether having kids is the right decision for you, if YES, when is the right time and what are all the 'responsibilities' and how to take them on.
A slight change in the way you think can set you free...

All the best!

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Ramalingam Kalirajan |1049 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 30, 2024

Question by Suprabhat - Feb 14, 2024Hindi

Money

Dear Sir , I'm now at 53 years ; self employed person . So far managed to make a corpus of 50 L via MF ( 95% equity , 5% debt ) , holding a property of worth 40 L after repaying the loan at Kolkata . I do require a corpus of 2.5 cr after 8 years to maintain my retire life . Presently , I am able to invest much because of my income gone down and dont have spare fund to invest . Only , I am carrying 5000/- pm SIP in Mirae asset Large & mid cap & Axis small cap . I want to understand , how can reach the goal ? Please advice .

Ans: It's admirable how you've diligently built your financial foundation despite the challenges. Your proactive approach to planning is commendable. Considering your current situation, it's essential to reassess your strategy. Have you explored options to optimize your expenses and potentially increase your savings? Additionally, have you considered the impact of inflation on your target corpus?

A Certified Financial Planner can provide personalized guidance tailored to your aspirations and limitations. They can help you recalibrate your investment portfolio, ensuring a balanced approach that aligns with your risk tolerance and long-term goals. While your current SIPs are a step in the right direction, diversifying your investments further could enhance your potential returns.

Remember, financial planning is a journey, not a destination. Stay focused on your objectives, and with careful planning and guidance, you'll navigate through any challenges towards a secure and fulfilling retirement.

(more)

Ramalingam Kalirajan |1049 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 30, 2024

Asked by Anonymous - Feb 12, 2024Hindi

Money

Hi experts. should MF continue with axis bluechip fund and axis esg fund which ? If exit then what should be other MF as conservatives Risk takers.

Ans: Deciding whether to continue or exit mutual funds involves careful consideration of various factors. Let's delve into your options.

Axis Bluechip Fund and Axis ESG Fund are both reputable choices with distinct investment approaches. Axis Bluechip Fund focuses on large-cap stocks with a track record of consistent performance, while Axis ESG Fund integrates environmental, social, and governance (ESG) factors into its investment decisions, aligning with sustainable principles.

If you're contemplating exiting these funds, it's essential to reassess your investment objectives and risk tolerance. For conservative investors, you might explore alternatives like diversified equity funds with a history of stable returns, such as Mirae Asset Large Cap Fund or ICICI Prudential Bluechip Fund. These funds typically invest in established companies with lower volatility.

Additionally, debt funds can offer stability for conservative investors. Consider options like HDFC Corporate Bond Fund or SBI Magnum Ultra Short Duration Fund, which invest in high-quality debt instruments with relatively lower risk.

Before making any decisions, consult with a Certified Financial Planner to evaluate your portfolio holistically and ensure alignment with your financial goals. They can provide personalized recommendations based on your risk profile and investment horizon.

Remember, mutual fund investments are subject to market risks, so it's essential to diversify and regularly review your portfolio to maintain a balanced approach.

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Ramalingam Kalirajan |1049 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 30, 2024

Question by ankit - Feb 16, 2024Hindi

Money

I am a 34-year-old individual with a balance of 1.75 crore INR in my savings account. As of now i do not have other investment also I have no outstanding debts and am looking to invest this amount wisely. My investment goals are twofold: firstly, to secure 1 crore INR for my daughter's future when she turns 18, and secondly, to generate a monthly income to cover my expenses, which currently amount to 85,000 INR per month. I am willing to allocate my investment across different risk profiles as follows: 25 lakhs INR in high-risk investments, 50 lakhs INR in medium-risk investments, and the remaining 1 crore INR in moderate-risk investments. Could you please advise me on a comprehensive investment strategy considering my goals and risk profile? Specifically, I am seeking guidance on asset allocation, investment vehicles, and any other considerations to achieve both capital growth and income generation.

Ans: With your substantial savings and clear goals, you're in a good position to craft a comprehensive investment strategy. Let's delve into a tailored approach.

For securing 1 crore INR for your daughter's future, a mix of moderate to low-risk investments could be ideal. Consider diversified mutual funds, fixed deposits, and possibly some portion in government schemes like PPF or Sukanya Samriddhi Yojana for her education fund. These avenues offer stability and reasonable returns over the long term.

To generate a monthly income of 85,000 INR, we need to focus on income-generating assets.Equity funds can indeed play a significant role in your investment strategy, especially for capital growth. Given your preference for equity, let's adjust the allocation accordingly.

For high-risk investments, you might consider allocating a substantial portion to diversified equity funds or sector-specific equity funds. These have the potential for higher returns over the long term but come with higher volatility.

In the medium-risk category, you can continue to diversify with a mix of balanced funds, which invest in a combination of equities and debt instruments. These can offer a balance between growth and stability.

For moderate-risk investments, you could include large-cap equity funds, which invest in well-established companies with stable earnings. Additionally, consider mid-cap and small-cap equity funds for potential higher returns, albeit with higher risk.

Remember, while equity funds offer growth potential, they also carry market risk. It's crucial to maintain a diversified portfolio across asset classes to mitigate risk.

Consulting with a Certified Financial Planner can help fine-tune your allocation and select the right equity funds based on your risk tolerance and investment horizon. By incorporating equity funds alongside other investment vehicles, you can pursue both capital growth and income generation effectively.

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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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