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Ramalingam

Ramalingam Kalirajan  |7831 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 05, 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 - Aug 30, 2023Hindi
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Am entering into my 60's n have winded up from my Gulf job,,,have a savings of 1.25 cr received from icicipru insurance apart from other property rental & bank savings ,,how do i invest in mf etc for max returns in 3 to 5 years

Ans: Given your age and the relatively short investment horizon of 3 to 5 years, it's essential to prioritize capital preservation while aiming for modest returns. Consider allocating a portion of your savings into a mix of debt funds, liquid funds, and conservative hybrid funds. Debt funds can provide stability and regular income, while liquid funds offer easy liquidity. Conservative hybrid funds combine equity and debt, striking a balance between growth and safety. Avoid high-risk equity funds or thematic funds, as they may be unsuitable for your investment horizon. It's advisable to consult with a financial advisor for personalized guidance based on your specific financial goals and risk tolerance.
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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Hi, I am 45 years. I can invest 50K per month in MF for 15 years for a good return to secure my life after 60. Please guide. Thank you.
Ans: Hello Wasif,

Thank you for reaching out and considering mutual funds as an investment option for your financial goals. It's great to see that you are planning for your life after 60, and I am here to help you make the right decisions.

Given your age, investment horizon, and the amount you can invest, I would recommend a balanced approach that combines both equity and debt mutual funds. This approach would help you achieve growth while minimizing risk over the long term.

Here's a potential investment plan for you:

Equity Mutual Funds (70% allocation): Since you have a 15-year investment horizon, it would be wise to allocate a significant portion of your investment to equity mutual funds, which have the potential to offer higher returns over the long term. Diversify your equity investments by choosing a mix of large-cap, mid-cap, and small-cap funds.
Debt Mutual Funds (30% allocation): Allocate the remaining portion to debt mutual funds to provide stability and cushion against market volatility. You can consider investing in corporate bond funds, banking and PSU debt funds, or short-term debt funds based on your risk appetite.
Ensure that you review your portfolio periodically and make adjustments as needed to maintain the desired asset allocation. Keep in mind that investing in mutual funds is subject to market risks, and it's essential to have a long-term perspective and patience to achieve your financial goals.

Additionally, consider consulting a financial advisor to help you select the right funds based on your risk profile and financial objectives. Remember that the key to successful investing is consistency and discipline, so stick to your monthly investment plan without fail.

I hope this helps you make an informed decision. Wishing you all the best in securing a comfortable life after 60!

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NEET, Medical, Pharmacy Careers - Answered on Feb 05, 2025

Asked by Anonymous - Jan 31, 2025Hindi
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Career
My child will be appearing for NEET UG 2025 for the fourth time. Each time his performance has been abysmal, which, I know, is going to be repeated this year too. We have already asked him to move ahead but he is adamant on appearing in NEET which is beyond his calibre. He doesn't have any idea what to do next, has never thought of a Plan B,C or D. Kindly guide as to how plan a career ahead for him. Is there any sort of psychoanalysis to know what is the right study option for him and where to get it done. I can't afford crores of rupees in pvt. medical colleges/abroad .I can take professional assisstance . Kindly give me contact number/ email ID. Thanks.
Ans: Hi Sir,

Don't worry. First, it's important to counsel him.

The health sector is a promising field, which is why I believe your son is so determined to appear for the NEET exam, even though this will be his fourth attempt. It’s natural for him to feel a bit worried. I think he needs to reflect on why he hasn't been able to succeed so far. It's crucial for him to analyze where the problems lie. For example, if he's struggling with chemistry, he should focus more on that subject, as well as the others he finds challenging.

He has a lot of homework to do, including taking mock tests and learning effective strategies rather than just simple ideas.

I have one question: Has he enrolled in any study or coaching center for NEET preparation? If so, it would be beneficial to discuss ways to improve his performance.
If he has prepared himself, kindly approach the best coaching center near your area. For more information about us, you can contact the admin.

Poocho. Life Change Karo!

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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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