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Ramalingam Kalirajan |1039 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

Question by Navneet on Jun 05, 2023Hindi

Money

I am currently having SIP of â‚¹2000 each in following MF, i want to continue it for next 15 yrs Kotak Blue Chip Nippon India Small Cap fund SBI Balanced Advantage Fund SBI Small Cap fund Edelweiss Mid Cap fund Whether my funds are ok

Ans: Your current SIPs in Kotak Blue Chip, Nippon India Small Cap, SBI Balanced Advantage, SBI Small Cap, and Edelweiss Mid Cap funds provide a mix of large-cap, small-cap, and balanced funds, offering diversification across market segments. However, it's crucial to review fund performance, consistency, and alignment with your risk profile and financial goals periodically. A Certified Financial Planner (CFP) can help you assess the suitability of these funds, recommend adjustments if necessary, and ensure they align with your long-term investment objectives and risk tolerance for the next 15 years.

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 Kalirajan |1039 Answers |Ask -Follow

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

Question by Girish - Nov 06, 2023Hindi

Money

Hello Ashish Sir,My name is Girish aged 38 years and I have been going through your suggestions on the MF.I have started SIP in the following mutual funds.1. ICICI Prudential Bluechip Fund (G) - investing since a month - 5,000 per month 2. SBI Blue Chip Fund (G) - investing since a month - 5,000 per month 3. HDFC Balanced Advantage Fund - Direct Plan (IDCW) - investing since 14 months - 2,000 per month4. Nippon India Large Cap Fund - Regular Plan (G) - investing since 2 months - 2,000 per month 5. Parag Parikh Flexi Cap Fund - Direct Plan (G) - investing since 2 years - 2,000 per month 6. UTI MNC Fund - Direct Plan (G) - investing since 14 months - 2,000 per month I would like to know if my portfolio is good. I will be planning to invest for the next 10-15 years. What would be the corpus at the end of 15 years?Do you foresee any changes to be made in my portfolio? Please suggest.

Ans: Hello Girish,

Your portfolio appears to be well-diversified across various mutual fund categories, including large-cap, flexi-cap, and MNC funds. Investing with a long-term horizon of 10-15 years is a wise strategy, as it allows your investments to potentially grow and ride out market fluctuations.

While your portfolio seems diversified, it's always prudent to periodically review your investments to ensure they align with your financial goals and risk tolerance. Here are a few points to consider:

Performance Review: Keep track of the performance of each fund in your portfolio. Assess whether they are meeting your expectations and compare them with benchmark indices and peer group performance.
Portfolio Rebalancing: Depending on market conditions and changes in your financial situation, consider rebalancing your portfolio periodically. This involves adjusting your asset allocation to maintain your desired risk-return profile.
Adding Mid and Small Cap Exposure: Since your portfolio currently lacks exposure to mid and small-cap funds, you may consider adding them to enhance diversification and potentially boost returns, especially given your long investment horizon.
Consultation with a Financial Advisor: Consider consulting with a certified financial planner or advisor who can provide personalized advice tailored to your financial goals, risk tolerance, and investment horizon.
Remember, investing is a journey, and it's essential to stay disciplined, patient, and informed. With a well-thought-out investment strategy and periodic review, you can work towards achieving your financial objectives over the long term.

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Ramalingam Kalirajan |1039 Answers |Ask -Follow

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

Question by Girish - Nov 13, 2023Hindi

Money

Hello Sir,My name is Girish aged 38 years and I have been going through your suggestions on the MF.I have started SIP in the following mutual funds.1. ICICI Prudential Bluechip Fund (G) - investing since a month - 5,000 per month 2. SBI Blue Chip Fund (G) - investing since a month - 5,000 per month 3. HDFC Balanced Advantage Fund - Direct Plan (IDCW) - investing since 14 months - 2,000 per month4. Nippon India Large Cap Fund - Regular Plan (G) - investing since 2 months - 2,000 per month 5. Parag Parikh Flexi Cap Fund - Direct Plan (G) - investing since 2 years - 2,000 per month 6. UTI MNC Fund - Direct Plan (G) - investing since 14 months - 2,000 per month I would like to know if my portfolio is good. I will be planning to invest for the next 10-15 years. What would be the corpus at the end of 15 years?Do you foresee any changes to be made in my portfolio? Please suggest.

Ans: Girish, it's wonderful to see your proactive approach towards investing for the long term. Your portfolio displays a good mix of large-cap, flexi-cap, and sectoral funds, which provides diversification and potential for growth over the next 10-15 years.

As for the corpus at the end of 15 years, it's important to remember that predicting exact returns is challenging due to market fluctuations. However, with consistent investing and a well-diversified portfolio, you're likely to see significant growth over the long term.

Regarding potential changes to your portfolio, periodically reviewing your investments is wise. Consider factors like fund performance, changes in your financial goals, and market conditions. If any fund consistently underperforms or if there are better opportunities available, you may consider making adjustments.

Overall, your portfolio seems well-structured for your long-term investment horizon. Keep monitoring your investments, stay disciplined with your contributions, and consult with a Certified Financial Planner for personalized advice as needed. Wishing you success in your financial journey!

(more)

Ramalingam Kalirajan |1039 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 05, 2024

Question by Girish - Jan 02, 2024Hindi

Money

Hello Sir, My name is Girish aged 38 years and I need your suggestions on the MF. I have started SIP in the following mutual funds.1. ICICI Prudential Bluechip Fund (G) - investing since a month - 5,000 per month 2. SBI Blue Chip Fund (G) - investing since a month - 5,000 per month 3. HDFC Balanced Advantage Fund - Direct Plan (IDCW) - investing since 14 months - 2,000 per month4. Nippon India Large Cap Fund - Regular Plan (G) - investing since 2 months - 2,000 per month 5. Parag Parikh Flexi Cap Fund - Direct Plan (G) - investing since 2 years - 2,000 per month 6. UTI MNC Fund - Direct Plan (G) - investing since 14 months - 2,000 per month I would like to know if my portfolio is good. I will be planning to invest for the next 10-15 years. What would be the corpus at the end of 15 years?Do you foresee any changes to be made in my portfolio? Please suggest.

Ans: Your portfolio consists of a mix of large-cap, flexi-cap, balanced advantage, and sectoral funds, which provides diversification across different market segments. However, it's essential to periodically review and rebalance your portfolio to ensure it remains aligned with your long-term financial goals and risk tolerance.

Consider assessing the performance of each fund relative to its benchmark and peers. If any fund consistently underperforms or deviates significantly from its investment objective, you may consider replacing it with a better-performing alternative.

Additionally, ensure that your asset allocation reflects your risk profile and investment horizon. If you have a long-term investment horizon of 10-15 years, you may consider adding more exposure to equity funds for potentially higher returns.

As for the corpus at the end of 15 years, it would depend on various factors such as the performance of the funds, the consistency of your contributions, and market conditions. You may use online SIP calculators to estimate the potential corpus based on your ongoing SIP contributions and expected returns.

Consulting with a financial advisor can provide personalized guidance tailored to your specific circumstances and objectives.

(more)

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Workplace Expert - Answered on Apr 30, 2024

Asked by Anonymous - Apr 30, 2024Hindi

Career

Hi, I am David, 32, a graphic designer working with an advertising agency in Gurgaon. While I have enjoyed working in the creative field, I am currently feeling a bit disillusioned with the corporate world. I am interested and passionate about travel and photography. I have some savings I want to set up a travel agency of my own so I can retire early, by around 45 or 50. I want to go on a solo journey around the world and tell stories. Can you guide me how to achieve this?

Ans: Hey David, sounds like you've got some exciting dreams brewing there! Stepping away from the corporate hustle to pursue your passion for travel and photography sounds like the plot of a blockbuster movie—except this one's starring you!

First off, kudos to you for recognizing what truly sets your soul on fire. It takes guts to break away from the status quo and chase your dreams. So, let's plot out your roadmap to entrepreneurial bliss:

1. Craft Your Vision:

Picture yourself as the captain of your own travel ship. What kind of experiences do you want to offer? Adventure tours, cultural immersions, photography workshops? Get crystal clear on your vision and what sets your travel agency apart.

2. Do Your Homework:

Dive headfirst into the world of travel entrepreneurship. Research market trends, identify your target audience, and study successful travel startups. Learn the ropes of running a business, from budgeting to marketing strategies.

3. Build Your Brand:

Give your travel agency a personality that reflects your passion for exploration and storytelling. Design a killer logo, create a captivating website, and brew up some irresistible travel packages that make wanderlusters weak at the knees.

4. Network Like a Boss:

Forge connections with fellow adventurers, photographers, and travel influencers. Attend industry events, join online communities, and don't be shy about sharing your journey and expertise. Who knows? Your next collaborator or client might be just a handshake away.

5. Secure Your Finances:

Your savings will be your launchpad, but you'll need to crunch the numbers and create a solid financial plan. Factor in startup costs, operational expenses, and a buffer for those inevitable rainy days. And hey, consider seeking advice from a financial advisor to ensure you're on the right track to that early retirement goal.

6. Take the Leap:

When the time feels right and your plans are polished to perfection, it's time to take that leap of faith. Embrace the uncertainty, trust in your vision, and dive into the exhilarating world of entrepreneurship with all the gusto of a seasoned explorer.

Remember, Rome wasn't built in a day, and neither will your travel empire be. Stay patient, stay persistent, and most importantly, stay true to yourself and your passion for travel and storytelling. The world is waiting for your adventures—so go on, David, and write your own epic tale!

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Dr Shakeeb Ahmed Khan |64 Answers |Ask -Follow

Physiotherapist - Answered on Apr 30, 2024

Question by S - Apr 23, 2024Hindi

Health

Hello Dr.Shakeeb-i am a 62 year old-Diabetes in Control-BP under control-I do workout regularly-Recently a week back i was doing pushups and it so happened one of my hand slipped and went forward-Nothing happened then;However last 3 days i am having chest and back pain-Dr said it is Costochondritis and there is no treament-rest and meet a physio.However the pain at times really puts me off-what to do-please advise

Ans: I'm sorry to hear that you're experiencing discomfort. Costochondritis can be quite painful, but there are ways to manage it at home. Applying either ice or heat to the affected area can help reduce inflammation and ease the pain. Additionally, gentle stretching exercises can improve flexibility and relieve tension in the chest and back muscles. Ultrasound therapy, which uses high-frequency sound waves to promote healing and reduce pain in soft tissues, can also be a helpful option for managing costochondritis when administered by a qualified physiotherapist. Wishing you quick recovery.

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Dr Shakeeb Ahmed Khan |64 Answers |Ask -Follow

Physiotherapist - Answered on Apr 30, 2024

Question by Prakash - Apr 22, 2024Hindi

Health

Hi My left hand is paining i can do hand up and down Please suggest

Ans: Hello. Thank you for your query. I would suggest you to visit Physiotherapist close by to you to determine exact reason and suggest possible treatment options.

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Ramalingam Kalirajan |1039 Answers |Ask -Follow

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

Asked by Anonymous - Feb 12, 2024Hindi

Money

Hi, Which are the Large Cap Mutual funds ?

Ans: Large-cap mutual funds are like sturdy ships navigating the vast ocean of the stock market, anchoring your investments in well-established companies. These funds focus on the giants of the corporate world, companies with substantial market capitalization and a proven track record of performance. But why choose large-cap funds? Well, they offer stability and reliability, akin to the steadfastness of a lighthouse guiding ships through turbulent waters. With their conservative approach and steady growth potential, they serve as a cornerstone in many investment portfolios.

As a Certified Financial Planner, I appreciate the role these funds play in providing a solid foundation for your financial goals. However, it's essential to carefully evaluate each fund's performance, management team, and investment strategy to ensure it aligns with your objectives and risk tolerance.

Remember, while large-cap funds offer stability, diversification across different asset classes is key to building a resilient portfolio. By striking the right balance, you can navigate the seas of the market with confidence and sail towards your financial aspirations.

(more)

Ramalingam Kalirajan |1039 Answers |Ask -Follow

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

Asked by Anonymous - Feb 16, 2024Hindi

Money

Hi, I am 40 years old (current allocation is 61% equity and 39% debt+cash in a 2.52 cr portfolio) and used to do SIPs in mutual funds until March 23, 2020 when market crashed. I used to follow someone on YouTube and he was of the opinion that Nifty will touch 6000 and it is better to wait for those levels and then continue investing in direct stocks/MFs. However, that level never came and the market rebounded and since then I've been parking funds in FDs which give around 7% returns pre tax. As on today, I realised Nifty is at all time high now. How can I invest the 70 lakhs parked in FDs in mutual funds now? Should I do lumpsum in HDFC Sensex index fund/Quant smallcap fund/Quant midcap fund since although the market is at all time high, but eventually the money will grow at 12% CAGR (in case of index fund, more in case of active funds like Quant smallcap or Quant midcap) or should I go the SIP route and invest this 70 lakhs in HDFC Sensex index fund/Quant smallcap fund/Quant midcap fund over a period of 3-5 years in equal SIP instalments?

Ans: It sounds like you've had quite the journey navigating the market's ups and downs. Given your current situation and the substantial amount parked in FDs, it's understandable to seek guidance on how to deploy those funds effectively.

Since the market is currently at an all-time high, lump-sum investing might seem daunting. However, attempting to time the market based on past predictions can be risky and challenging. Instead, consider a systematic approach to gradually deploy your funds over time.

One option is to allocate the 70 lakhs into mutual funds using a systematic transfer plan (STP) or a phased approach through SIPs. This approach allows you to spread your investments over a period of time, reducing the impact of short-term market fluctuations.

You mentioned considering HDFC Sensex index fund, Quant smallcap fund, and Quant midcap fund. These are indeed viable options, each with its own risk-return profile. While index funds offer broad market exposure with lower expenses, actively managed funds like Quant smallcap and Quant midcap have the potential for higher returns but also come with increased risk.

Ultimately, the choice between lump-sum investing and SIPs depends on your risk tolerance, investment goals, and time horizon. Consulting with a Certified Financial Planner can help you devise a strategy tailored to your specific circumstances, ensuring your investments align with your objectives and provide a path to long-term growth and financial security.

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Ramalingam Kalirajan |1039 Answers |Ask -Follow

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

Asked by Anonymous - Mar 17, 2024Hindi

Money

Dear Sir, please advise corpus needed for a sixty year old to retire in Delhi area assuming no loans and all children settled with own housing. My monthly expense now is Rs 1.75L

Ans: Planning for retirement is a significant milestone, and I commend your foresight in considering your financial needs for the future. To estimate the corpus needed for retirement, we must first analyze your current expenses, lifestyle expectations, and potential sources of income.

Given your monthly expenses of Rs 1.75 lakh, we can project your annual expenses and account for inflation to determine your future financial requirements. Additionally, consider any healthcare costs or other unforeseen expenses that may arise during retirement.

Since your children are settled with their own housing and assuming no outstanding loans, your focus should be on maintaining your current standard of living and covering essential expenses, including healthcare and leisure activities.

Considering your location in Delhi, where the cost of living may be higher, it's essential to factor in any regional variations in expenses.

Once we have a clearer picture of your financial needs, we can calculate the corpus required to generate a steady income stream during retirement. This corpus can come from various sources, including retirement accounts, investments, and pension plans.

Consulting with a Certified Financial Planner will provide personalized guidance tailored to your specific circumstances and help you plan effectively for a comfortable and secure retirement. With careful planning and diligent saving, you can embark on this new chapter of life with confidence and peace of mind.

(more)

Ramalingam Kalirajan |1039 Answers |Ask -Follow

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

Asked by Anonymous - Mar 17, 2024Hindi

Money

In the current year i want to invest about 4 lakh for next two years to grow. I already have about 30 lakh invested in MFs including Tax Savers

Ans: Investing 4 lakh for a two-year horizon to further grow your wealth is a thoughtful endeavor. Since you already have a substantial investment in mutual funds, including tax-saving ones, you're well-versed in the benefits of long-term investing.

For this short-term goal, consider allocating your funds to debt instruments or conservative hybrid funds. Debt instruments like short-term bonds or fixed deposits offer stability and predictable returns, making them suitable for shorter investment horizons. Conservative hybrid funds, blending both equity and debt, provide a balance between growth potential and risk mitigation.

Prioritize capital preservation and liquidity when selecting investments for this goal. Evaluate the risk-return profile of each option and choose investments that align with your risk tolerance and financial objectives.

Remember, even short-term investments require careful consideration and planning. Consult with a Certified Financial Planner to devise a strategy tailored to your needs and ensure your investments serve your goals effectively. With prudent decision-making, you can grow your wealth steadily and achieve your financial aspirations.

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Ramalingam Kalirajan |1039 Answers |Ask -Follow

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

Asked by Anonymous - Mar 17, 2024Hindi

Money

What are the best equity funds for lumpsum investment for 10 years?

Ans: Ah, the quest for the best equity funds for a lump sum investment over 10 years is indeed a journey worth embarking upon. As a Certified Financial Planner, I applaud your foresight in seeking wealth creation opportunities.

In this pursuit, consider funds with a track record of consistent performance, managed by seasoned professionals who understand the nuances of the market. Look for funds that align with your risk tolerance and long-term financial goals.

Remember, investing in equity entails riding the waves of market volatility, but also offers the potential for significant growth over time. Keep in mind the importance of diversification to spread risk across different sectors and companies.

Furthermore, stay informed about economic trends and global developments that could impact your investments. And always remember, patience and discipline are virtues in the world of investing.

Ultimately, the best equity funds for you are those that resonate with your values, aspirations, and appetite for risk. As you navigate this journey, may you find the path that leads you towards your financial dreams.

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Ramalingam Kalirajan |1039 Answers |Ask -Follow

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

Asked by Anonymous - Mar 19, 2024Hindi

Money

Mu sge is 47 Ihave 3.6 cr worth of Microsoft shares. 1.1 cr in PF n PPF . 1.3 cr in FDs. My momthly exp are 1.5 lkh . I want to retire soon. Please suggest best way to invest (with low medium risk apetite) to get 1.5 lkh

Ans: Considering your substantial assets and monthly expenses, retiring comfortably is certainly within reach. To maintain your current lifestyle post-retirement and generate a monthly income of 1.5 lakh, you'll need to deploy your assets wisely.

Equity Investments: Given your low to medium risk appetite, consider allocating a portion of your assets to diversified equity mutual funds or index funds. These investments offer the potential for growth over the long term while spreading risk across various sectors and companies.
Debt Investments: Given your risk appetite, you may also consider investing in debt instruments such as high-quality corporate bonds or government securities. These provide stability to your portfolio while generating a steady income stream.
Systematic Withdrawal Plan (SWP): With a significant portion of your assets in mutual funds and other investments, you can set up a Systematic Withdrawal Plan (SWP) to generate a regular income stream. This allows you to withdraw a fixed amount at regular intervals while keeping your investments intact.
Real Estate: Depending on your preferences and market conditions, you may also explore investing a portion of your assets in rental properties or real estate investment trusts (REITs) to generate additional income.
Tax Planning: Optimize your tax liability by considering tax-efficient investment options such as tax-saving mutual funds (ELSS), tax-free bonds, and other tax-saving instruments.
Emergency Fund: Maintain a sufficient emergency fund in a liquid and easily accessible form, such as savings accounts or short-term fixed deposits, to cover unforeseen expenses.
Consult a Financial Advisor: Given the complexity of your financial situation and the importance of retirement planning, consider consulting with a Certified Financial Planner who can provide personalized advice tailored to your goals, risk tolerance, and financial situation.
By diversifying your investments across different asset classes and maintaining a balanced portfolio, you can generate a steady income stream to support your retirement lifestyle while preserving your wealth for the long term.

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Ramalingam Kalirajan |1039 Answers |Ask -Follow

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

Question by Tauhid - Mar 20, 2024Hindi

Money

Hello sir , I am investing in below mutual funds through SIP. ICICI balanced Advantage 2K HDFC Balanced Advantage 3K Tata Midcap and Largecap 3K Nippon India Small Cap 2K Motilal Midcap 2K ICICI Prudential Commodities 5K Quant Small Cap 5K Is it good funds for long terms ( Horizon of 8/10 years) ? I want to invest more 10K in SIP then which fund should I chose ? Thanks

Ans: Your selection of mutual funds reflects a diversified approach across different categories, suitable for a long-term horizon of 8 to 10 years. However, let's evaluate each fund's characteristics and consider additional options for your increased investment.

ICICI Balanced Advantage and HDFC Balanced Advantage funds offer dynamic asset allocation, making them suitable for investors seeking a balanced approach to growth and risk management. Tata Midcap and Largecap Fund provides exposure to both mid-cap and large-cap stocks, potentially capturing growth opportunities across market segments.

Nippon India Small Cap and Motilal Oswal Midcap funds focus on smaller companies with growth potential, while ICICI Prudential Commodities Fund offers exposure to commodities, diversifying your portfolio further.

Quant Small Cap Fund targets small-cap stocks, enhancing growth potential but also increasing risk due to volatility associated with smaller companies.

Considering your desire to invest an additional 10k in SIP, you may want to consider adding a fund that complements your existing portfolio. A diversified large-cap fund or a flexi-cap fund could offer stability and growth potential. Alternatively, you could consider an international equity fund to diversify globally.

Before making any decisions, it's essential to assess your risk tolerance, investment objectives, and the suitability of the new fund within your overall portfolio. Consulting with a Certified Financial Planner can provide personalized guidance based on your financial situation and goals.

Overall, your current selection of funds appears suitable for long-term wealth creation, and adding a complementary fund can further enhance diversification and growth potential. Keep monitoring your investments regularly and stay informed about market trends to make informed decisions.

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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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