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Ramalingam

Ramalingam Kalirajan  |6995 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 18, 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
Pradop Question by Pradop on Apr 16, 2024Hindi
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My current portfolio is approx 45 Lac in PF, 5 Lac in NPS another 35 Lac in different MF & direct stocks, I am currently investing: 1) PF - Rs 42000 (Including company contribution) 2) NPS - Rs 22000 3) Aditya Birla Sun Life Focused Fund - Growth-Regular Plan - Rs 3000 4) Kotak Small Cap Fund - Direct Plan- Growth - Rs 7000 5) PGIM India Midcap Opportunities Fund - Direct Plan - Growth - 7000 6) Tata Digital India Fund Direct Plan Growth - Rs 10000 7) Nifty50 index fund - Rs 17500 8) Direct Stocks - Rs 10000 9) PGIM India Large cap Opportunities Fund - Direct Plan - Growth - Rs 4000 My goal is around 5 Cr in the next 9-10 years. Kindly advise, I can increase my monthly contribution if needed

Ans: To achieve 5 Cr in 9-10 years, your current investments need to be reviewed and possibly increased. Here's a brief analysis:

PF & NPS: These are good long-term savings. Ensure you're invested in equity-oriented options within NPS for better returns.
MFs & Direct Stocks: Diversified portfolio, but ensure it aligns with your risk profile.
MF SIPs: Consider increasing SIP amounts annually by at least 10-15% to match inflation and meet your goal.
Direct Stocks: Risky, ensure proper research or consider shifting to diversified mutual funds.
New Investments: You can increase monthly contributions across MFs and consider adding more to equity funds for better growth potential.
Review and rebalance your portfolio annually to align with your financial goals and risk tolerance. Consult a financial advisor for personalized advice.
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  |6995 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 12, 2024

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Hello Sir, myself Venkatesh aged 35 working in PSU current monthly takehome salary is Rs.1.20lac investing Rs.1,50,000/- in PPF per annum, havings corpus in fixed deposits around Rs.30lacs, investing in Mutual funds through monthly SIP of Rs.8000/- in three funds from past 3years 1.Parag Parikh Flexi Cap Fund-Reg(G)- 3K 2. Mirae Asset Large Cap Fund-Reg(G)- 3K 3. Axis Focused 25 Fund-Reg(G)- 2K. Now i want to invest another Rs.15,000/- per month for 18-20years and also advise by what amount i can stepup my existing portfolio for better returns.
Ans: Dear Venkatesh,

Thank you for sharing your financial details and investment strategy. Your disciplined approach towards saving and investing is commendable, and it's great to see your proactive efforts towards planning for the future.

Considering your current financial situation and goals, here's a suggested plan for investing an additional ?15,000 per month and optimizing your existing portfolio:

New Investment of ?15,000 per Month:

Given your investment horizon of 18-20 years, you have the opportunity to invest in equity-oriented mutual funds to potentially achieve long-term growth.
Since you already have exposure to flexi-cap, large-cap, and focused equity funds, you can consider diversifying further by investing in mid-cap or multi-cap funds to capture opportunities across different market segments.
Allocate the additional ?15,000 per month across 2-3 mutual funds to ensure proper diversification and mitigate risk.
Portfolio Step-Up:

Evaluate the performance of your existing SIPs in Parag Parikh Flexi Cap Fund, Mirae Asset Large Cap Fund, and Axis Focused 25 Fund.
Consider increasing your SIP contributions gradually over time to capitalize on the power of compounding and accelerate wealth accumulation.
Utilize the step-up SIP feature offered by mutual fund platforms to automatically increase your SIP amounts by a predefined percentage or fixed amount annually.
Review your portfolio periodically and adjust your SIP contributions as needed to stay aligned with your investment goals and risk tolerance.
Regular Review and Rebalancing:

Periodically review your investment portfolio and asset allocation to ensure that it remains aligned with your financial goals and risk tolerance.
Rebalance your portfolio as needed to maintain your desired asset allocation and optimize returns. This involves selling overperforming assets and reinvesting the proceeds into underperforming or undervalued assets.
Consultation:

Consider consulting with a qualified financial advisor who can provide personalized guidance tailored to your financial objectives and risk profile.
An advisor can help you assess your current portfolio, identify any gaps or areas for improvement, and recommend suitable investment options to achieve your long-term financial goals.
By following these steps and staying disciplined with your investment strategy, you can work towards building a strong financial foundation and achieving your financial aspirations.

Best regards,

Ramalingam, MBA, CFP
Chief Financial Planner

..Read more

Ramalingam

Ramalingam Kalirajan  |6995 Answers  |Ask -

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

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Hello Sir, myself Venkatesh aged 35 working in PSU current monthly takehome salary is Rs.1.20lac investing Rs.1,50,000/- in PPF per annum, havings corpus in fixed deposits around Rs.30lacs, investing in Mutual funds through monthly SIP of Rs.8000/- in three funds from past 3years 1.Parag Parikh Flexi Cap Fund-Reg(G)- 3K 2. Mirae Asset Large Cap Fund-Reg(G)- 3K 3. Axis Focused 25 Fund-Reg(G)- 2K. Now i want to invest another Rs.15,000/- per month for 18-20years and also advise by what amount i can stepup my existing portfolio for better returns.
Ans: Venkatesh! It's great to see your disciplined approach towards saving and investing. With your stable income and existing investments, adding Rs. 15,000 per month for 18-20 years can significantly boost your long-term wealth accumulation.

Considering your current portfolio, you may diversify further by adding funds from different categories to spread risk. Consider allocating the additional investment across different types of mutual funds such as mid-cap funds, small-cap funds, or international funds to enhance diversification.

As for stepping up your existing portfolio, you can consider increasing your SIP amounts gradually over time. Analyze the performance of your current funds and the potential for growth. Based on your risk tolerance and financial goals, you may consider increasing the SIP amounts in funds that have shown consistent performance and align with your investment objectives.

Consulting with a Certified Financial Planner can provide personalized guidance tailored to your specific financial situation and goals. Together, you can create a comprehensive investment plan to maximize returns and achieve your long-term financial objectives. Keep up the excellent work with your savings and investments!

..Read more

Ramalingam

Ramalingam Kalirajan  |6995 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 12, 2024

Asked by Anonymous - Apr 03, 2024Hindi
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I am 50 working professional. Below is my MF portfolio . 1. Parag Parikh Flexi Cap Fund 2.6 lakhs + 10K SIP 2. PGIM India Midcap Opportunities Fund 1.85 L Value + 5K SIP 3. Quant ELSS Tax Saver Fund 80K 4. Axis Small Cap Fund 1.85 Lakhs Value + 5K SIP 5. Axis Gold Fund 75K Value + 5K SIP 6. Canara Robeco Bluechip Equity Fund 70K 7. Quant Multi Asset Fund 50K 8. SBI Magnum Income Fund 50K 9. ICICI Prudential Equity & Debt Fund 50K 10. Quant Active Fund 50K 11. ICICI Prudential Bluechip Fund 25K I want to build a retirement corpus of 2 crore in 10 years. I am planning to invest around 50K every month. Plus i have. surplus of 4Lakks which i want to invest in few of the MFs above. Planning to exit Canara Robeco bluechip and Axis Small cap soon. Please suggest if any changes you want me to do.
Ans: Given your goal of building a retirement corpus of 2 crores in 10 years and your current portfolio, here are some suggestions:

Increase SIP Contributions: Consider increasing your SIP amounts in high-performing funds like Parag Parikh Flexi Cap and PGIM India Midcap Opportunities Fund, which have shown good potential for long-term growth.

Review and Consolidate: Evaluate the performance of all your funds and consider consolidating your portfolio to fewer, well-performing funds to simplify management and potentially enhance returns.

Focus on Quality: Prioritize funds with strong track records, consistent performance, and experienced fund management teams. Consider adding large-cap and diversified equity funds for stability and balanced growth.

Asset Allocation: Ensure a balanced asset allocation across equity, debt, and gold funds based on your risk tolerance and investment horizon. Reallocate surplus funds strategically to maintain a diversified portfolio.

Regular Review: Monitor your portfolio regularly and make adjustments as needed based on changes in market conditions, fund performance, and your financial goals.

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

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I am engineer with 16 years of IT experience and now a break of 11 yrs. But in 11 yrs I had been taking Quantitative aptitude lectures as a visiting faculty in various engineering and MBA colleges and also done Mutual fund certification. I haven't been siting but doing many things professionally in last 11 yrs(In my subject of interest as Maths, Teaching, Finance, Accounting, Wealth Management). I was thinking of doing ESG certification. What kind of role I would get if i am CFA ESG certified.I am looking for Professionally and intellectually engaging role where I can contribute to Society. Not a very NGO type( I have tried working with few NGO's)
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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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