Hi Dev, I have below ongoing SIPs from past 5-6 years. Please advise if the funds selected are fine or needs adjustments. Also what is the corpus I can get if I continue these for next 15 years with 10% increase in SIP every year. Axis Mid-cap fund - 10000 HDFC Balanced advantage fund - 10000 HDFC top 100 Fund - 10000 HSBC Small Cap fund - 10000 ICICI Value Discovery fund - 10000 Kotak Flexicap Fund - 10000 Mirae Asset Emerging Bluechip fund - 10000

Ans: Hello Anonymous,
For how long did you do the physiotherapy? Are you still continuing with the physiotherapy?
Have you done recent MRI?
Aqua-therapy which means doing exercises in water can help heal the knee very well. If possible for you please ask a certified aqua-physiotherapist or go to a center that has aqua-therapy and do exercises there in their pool. This will help you in developing proprioception which will strengthen the muscles around the knee very well. Also your core muscles need to be worked on.
Also please go to a good sports physio or a physio who does myofascial release. You may need therapies like cupping, dry needling, myofascial release rather than only conventional physio. That can help your waist pain and knee.
Warm regards,
Dr Nidhi Bajaj Gupta
Founder@ Merahki Holistic Wellness
Follow us on Insta: merahki_holisticwellness

Ans: Shruti Madam, prefer IIIT-R-CSE. All the BEST for Your Son's Bright Future.

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Ans: Preveen Sir, prefer Amrita-Bengaluru-ECE, followed by EEE-C & Mechanical-C. All the BEST for Your Daughter's Bright Future.

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Ans: Digvijay Sir, Prefer Thapar-P-CSE. All the BEST for Your Son's Bright Future.

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Ans: Raghav, order of preference (1) NIET-N (2) KIET-G (3) AKG (4) GNIOT (5) ABESEC-G. All the BEST for Your Bright Future.

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Ans: Dear Anonymous,
Why exactly are you living off the scraps of this guy? (In terms of love)
He clearly has sent a message that there's no family with you and your son. So, when he comes over just for sex, how does that make you feel? The reason that you writing to me is perhaps that you feel disrespected with his behavior.

You are financially independent and have the freedom to raise you son out of this confusing environment. Why would you not do that and actually free yourself from this unsettled feeling? If you are looking for love, care and affection from this man, let me draw this out for you...he is clear that he is not going to leave his family and hey, why would he? His wife has not been a party to all of this.

With all the complications of having a relationship on the side, you brought a child into this world out of wedlock (that's still not the issue), the issue is that you are still hanging onto him and the scraps he throws at you in the form of intimacy. Do not mistake sex for love...Sex stems from Love and not the other way round. So, if you feel that someday he's going to crawl back to you if you keep the sex going, I highly doubt that. Plus, again that would be unfair to his wife as well.

Now, why would you not give yourself a chance to move away from this and actually pursue a healthy relationship (when you feel that you are ready)? And that can happen only when you actually decide that you value yourself and respect for you is non-negotiable. Would you be willing to do that?

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

Ans: Selvam Sir, as far as Aerospace is concerned, very less openings / more competition. Prefer (1) NIT-T-ECE (2) IIT-BHU-Electrical-Dual. All the BEST for Your Son's Bright Future.

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Ans: Prefer (1) NIT-S-CSE (2) IIT-P-DS (3) IIIT-B-ECE & (4) IIT-G-M&C. All the BEST for Your Bright Future.

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Ans: It's great that you are planning for your future. You’ve done well with your finances so far. Let's break down your current financial situation and find the best path to reach your goal of Rs. 3 crore by age 50.

Current Financial Snapshot
Income and Expenses:

Monthly Income: Rs. 1.5 lakh (after tax and PF deduction)
Loan EMI: Rs. 60,000 per month (for the next 9 years)
Investments:

Provident Fund: Rs. 38 lakh
PPF: Rs. 5 lakh
Bank FD: Rs. 5 lakh
Equity MF: Rs. 15 lakh (Rs. 40,000 SIP in 5 high-risk portfolios)
You’re doing well with a diversified portfolio and a disciplined approach. Let’s see how we can achieve your Rs. 3 crore target.

Assessing Your Financial Goals
You aim to retire at 50, which gives you 11 years to reach your goal of Rs. 3 crore. This requires a strategic and disciplined investment approach.

Increasing SIPs and Investments
1. Increase Monthly SIPs:

Your current SIP of Rs. 40,000 is a good start. Try to increase your SIP amount gradually. Even a 10% increase annually can significantly boost your corpus.

2. Diversify Your Investments:

Diversify into different mutual fund categories. Balance between high-risk and moderate-risk funds. This ensures growth and stability.

Power of Compounding
1. Mutual Funds:

Mutual funds are excellent for long-term growth. They provide diversification, professional management, and compounding benefits.

2. Equity Funds:

Equity funds can offer high returns but come with high risk. Since you have 11 years, equities can play a significant role in growing your corpus.

3. Debt Funds:

Debt funds are more stable and provide moderate returns. They balance the risk in your portfolio.

Regular Monitoring and Rebalancing
1. Monitor Investments:

Regularly review your portfolio. Ensure it aligns with your goals. Adjust allocations as needed.

2. Rebalance Portfolio:

Rebalance your portfolio annually. This helps maintain the desired asset allocation and reduces risk.

Leveraging Existing Assets
1. Provident Fund:

Your PF is a significant amount. Continue contributing to it. It’s a safe and steady investment.

2. PPF:

PPF is also safe and tax-efficient. Consider increasing your contributions to the maximum limit.

3. Bank FD:

FDs are stable but offer lower returns. You might want to move some of this into higher-yielding investments.

Debt Management
1. Loan EMI:

Your Rs. 60,000 EMI is a significant expense. Ensure you don’t default. Pay off the loan as per schedule.

Tax Planning
1. Tax-efficient Investments:

Utilize tax-saving investments like ELSS. They provide equity exposure and tax benefits under Section 80C.

Insurance and Risk Management
1. Term Insurance:

Ensure adequate term insurance. It protects your family’s financial future.

2. Health Insurance:

Adequate health insurance is crucial. It prevents medical emergencies from derailing your financial plans.

Discipline and Patience
1. Stay Invested:

Avoid withdrawing investments unless necessary. The power of compounding works best with time.

2. Regular Investments:

Maintain regular investments. Consistency is key to achieving your financial goals.

Scenario Analysis
Let’s look at some scenarios to see how your investments can grow.

1. Mutual Fund Growth:

Assuming a conservative annual return of 10% for your mutual funds:

Current MF Corpus: Rs. 15 lakh can grow to approximately Rs. 42 lakh in 11 years.
Monthly SIPs: Increasing your SIP to Rs. 50,000 can accumulate around Rs. 1.1 crore in 11 years.
2. Provident Fund Growth:

Assuming an 8% annual return for your PF:

Current PF Corpus: Rs. 38 lakh can grow to approximately Rs. 89 lakh in 11 years.
3. PPF Growth:

Assuming a 7% annual return for your PPF:

Current PPF Corpus: Rs. 5 lakh can grow to approximately Rs. 10.5 lakh in 11 years.
4. Bank FD Growth:

Assuming a 6% annual return for your FD:

Current FD Corpus: Rs. 5 lakh can grow to approximately Rs. 9.5 lakh in 11 years.
Potential Total Corpus
Combining all these investments, you can achieve your Rs. 3 crore goal:

Mutual Funds: Rs. 1.52 crore
Provident Fund: Rs. 89 lakh
PPF: Rs. 10.5 lakh
Bank FD: Rs. 9.5 lakh
Total: Approximately Rs. 2.61 crore

Bridging the Gap
1. Additional Investments:

You need to bridge a gap of around Rs. 40 lakh. Increase your SIPs and consider lump-sum investments when possible.

2. Bonuses and Increments:

Utilize bonuses and salary increments to invest more. Every additional investment helps.

3. Cost-cutting:

Review expenses and find ways to save more. Small savings can add up over time.

Final Insights
Achieving Rs. 3 crore in 11 years is challenging but possible with disciplined planning. Increase your SIPs, diversify investments, and regularly review your portfolio.

Stay patient and committed to your plan. The power of compounding and strategic investments will help you reach your goal.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

www.holisticinvestment.in