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Ramalingam

Ramalingam Kalirajan  |6347 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 25, 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
girish Question by girish on Apr 25, 2024Hindi
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Hi, Every month i invest Rs.6000 (i.e 1000 in each SIP as below 1) Aditya Birla Sun Life Small Cap Fund - GROWTH, 2) Axis Flexi Cap Fund - Regular Plan - Growth ,3)Canara Robeco Emerging Equities - Regular Plan - GROWTH ,4)HDFC Large and Mid Cap Fund - Regular Growth Plan ,5)ICICI Prudential Flexicap Fund - Growth ,6)Nippon India ELSS Tax Saver Fund-Growth Option and RS.50,000/- in Liquiloans is it good ? should i continue with the same stock..

Ans: It's great to see your disciplined approach towards investing through SIPs and also diversifying across various mutual fund categories. Let's review your current investments and provide some insights:

Diversification: You've done a good job diversifying across different mutual fund categories like Small Cap, Flexi Cap, Emerging Equities, Large and Mid Cap, Flexicap, and ELSS. This approach can help spread the risk and potentially enhance returns.
Performance Review: It's essential to periodically review the performance of your funds. While past performance is not indicative of future results, checking the fund's performance relative to its benchmark and peers can give you insights into its consistency and potential.
Liquiloans: Investing in platforms like Liquiloans involves lending money to borrowers, which carries a higher level of risk compared to traditional investment avenues. The risk associated with such platforms is higher due to factors like borrower defaults and platform-specific risks. Given the higher risk involved, it's crucial to evaluate whether this aligns with your risk tolerance and overall investment strategy. Considering your other diversified mutual fund investments, you might want to reconsider allocating a significant portion to such platforms and explore more stable and regulated investment options to safeguard your investment capital.
Professional Advice: Consider consulting a Certified Financial Planner to get a comprehensive review of your portfolio. They can provide personalized advice tailored to your financial goals, risk tolerance, and investment horizon. They can also guide you on whether to continue with your current SIPs or make any necessary adjustments.
Stay Invested: Investing is a long-term journey, and it's essential to stay invested and not get swayed by short-term market fluctuations.
Remember, while your current investment strategy seems well-diversified, it's crucial to review and adjust periodically to align with your financial goals and market conditions. Best wishes on your investment journey!
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  |6347 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 23, 2024

Asked by Anonymous - Apr 23, 2024Hindi
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Sir, I am 35, following are my SIPs per month: I have just started investment 1. Canara Robeco ELSS Tax Saver- Rs. 1000/- 2. HDFC Large and Mid Cap Fund Regular Growth- Rs. 1000/- 3.HDFC Flexicap Fund Regular Plan Growth- 1000/- 4. HDFC Retirement Saving Fund- Regular Plan Growth-1000/- 5. HDFC Balanced Advantage Fund - Regular Plan Growth- 1000/-. 6. Icici prudential Balanced Advantage Fund Regular-1000 7. Icici prudential Dividend Yield Fund-1000 8. Icici prudential Equity and Debt fund-1000 9. Icici prudential Value and Discovery fund-1000 10. Nippon small and multi cap-1000 Please suggest whether if any changes needed or should I continue investing on above mf
Ans: You've set a strong foundation with a diverse range of funds, showing a proactive approach to investing. However, there are a few considerations to keep in mind to optimize your portfolio:

Diversification: While diversifying across fund types is good, ensure you're not over-diversifying within similar categories. Consolidating similar funds can simplify your portfolio.
Consistency: Regular review is essential. Keep an eye on fund performance, and if a fund consistently underperforms its benchmark or peers, consider replacing it.
Goals Alignment: Ensure your investment choices align with your financial goals. For example, ELSS for tax-saving should ideally be held for the long term, while balanced funds can offer a mix of growth and stability.
Risk Tolerance: Understand your risk tolerance. Some funds like small and mid-cap or value discovery can be more volatile but offer higher growth potential. Ensure your portfolio aligns with your risk appetite.
Costs: Keep an eye on the expense ratio. Lower expense ratios can improve your returns over the long term.
Considering these factors, you might consider:

Consolidating funds with similar objectives.
Reviewing the performance of Icici prudential Dividend Yield Fund and Nippon small and multi-cap, as these categories can be volatile.
Rebalancing your portfolio periodically to ensure alignment with your goals and risk tolerance.
Remember, while it's essential to stay invested for the long term, regular reviews and adjustments can help optimize your returns and keep your portfolio aligned with your financial goals. Consult with a financial advisor for personalized advice tailored to your needs.

..Read more

Ramalingam

Ramalingam Kalirajan  |6347 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 16, 2024

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Hello Sir I am 45 year old and I have been investing Rs.1000/- as SIP in following stock - 1 Aditya Birla Sun Life Small Cap Fund 2 Axis Flexi Cap Fund - Regular Plan – Growth 3 Canara Robeco Emerging Equities - Regular Plan – GROWTH 4 HDFC Large and Mid Cap Fund - Regular Growth Plan 5 ICICI Prudential Flexicap Fund – Growth 6 Nippon India ELSS Tax Saver Fund-Growth And I also have invested Rs.50,000/- in liquiloans I just want to know is my investment is good or do I need to make more investment or any changes in my invest ment Sir pls do reply Thanks & Regard
Ans: Congratulations on taking proactive steps towards securing your financial future at the age of 45! Your commitment to investing is admirable and sets a solid foundation for wealth accumulation.

Understanding Your Portfolio:

You've chosen a diversified portfolio with investments across various mutual funds, including small-cap, flexi-cap, large and mid-cap, and ELSS tax saver funds. Additionally, your investment in Liquiloans adds an alternative asset class to your portfolio.

Assessing the Investment Mix:

Your portfolio reflects a well-rounded approach, with exposure to different market segments and investment styles. Small-cap funds offer growth potential, while flexi-cap and large and mid-cap funds provide stability and diversification.

Evaluating Investment Choices:

Each fund you've selected has its unique investment objective and risk profile. Aditya Birla Sun Life Small Cap Fund and Canara Robeco Emerging Equities focus on small and emerging companies, potentially offering high returns but also higher volatility.

Axis Flexi Cap Fund, HDFC Large and Mid Cap Fund, and ICICI Prudential Flexicap Fund offer flexibility in asset allocation, blending exposure across market caps. Nippon India ELSS Tax Saver Fund provides tax benefits along with long-term wealth accumulation.

Analyzing Additional Investment:

Your decision to invest in Liquiloans introduces an element of diversification beyond traditional mutual funds. However, peer-to-peer lending platforms like Liquiloans carry inherent risks, including credit and default risk, which should be carefully considered.

Recommendation for Consideration:

Given your age and investment horizon, your portfolio seems appropriately diversified. However, it's crucial to regularly review and rebalance your portfolio to ensure it aligns with your financial goals and risk tolerance.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

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Milind

Milind Vadjikar  |171 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Sep 20, 2024

Asked by Anonymous - Sep 20, 2024Hindi
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Hi, I'm 37 and I just started to invest in MFs regularly. My investments are listed below. Except a couple of them, all of them are either 1 month to a few days old. As mentioned below, started SIP of 40000 between Motilal Oswal Nifty Midcap 150 and Nippon india small cap. I would like to invest 40000 more in SIPs making my total investment as 1CR over the next 10 years, in the hopes of creating a portfolio of 2 CR with a 12% return on year. I understand that there are 11 MFs here but appreciate your suggestions on trimming this down while meeting the above mentioned financial goal. Thanks. 1. Motilal Oswal Nifty 500 Momentum 50 Index Dir-G: One Time: Investment: 50000: Current Value 50000: 2. Nippon India Nifty 500 Momentum 50 Index Dir-G: One Time: Investment: 50000: Current Value: 50000: 3. Mirae Asset ELSS Tax Saver Dir-G: One Time: Investment: 50000: Current Value:70277: 4. Mirae Asset ELSS Tax Saver Reg-G: One Time: Investment: 24998: Current Value:38598: 5. Parag Parikh Flexi Cap Dir-G: One Time: Investment: 50000: Current Value: 52727: 6. Axis ELSS Tax Saver Dir-G: One Time: Investment:30000: Current Value: 63863: 7. Nippon India Large Cap Dir-G: One Time: Investment: 49999.99: Current Value: 52358: 8. Motilal Oswal Midcap Dir-G: One Time: Investment: 50000: Current Value: 54061: 9. Quant Small Cap Dir-G: One Time: Investment: 100000: Current Value: 103437: 10. Motilal Oswal Nifty Midcap 150 Dir-G: SIP: Investment:19999.98 Current Value: 20319: 11. Nippon India Small Cap Dir-G: SIP: Investment: 20000: Current Value 20040:
Ans: 1. Nifty 500 Momentum 50 Index is a recently introduced index and hence also your funds based on this index. The back tested results look attractive however I recommend you to monitor them closely for 2-3 years and if you feel not sure about their progress you may exit and redeploy proceeds into PPFAS flexicap fund and Nippon large cap fund.

2. The additional 40 K sip proposed maybe split between either ELSS(for tax saving too) or PPFAS flexicap and Nippon India large cap fund.

3. You may merge your ELSS investments into one fund, my advice would be Mirae Asset ELSS.

4. This will help rationalize number of funds in your portfolio from 10(+2) to 7.

5. Discipline, focus and periodic review in MF investment are a must!

6. As you reach closer to your target transfer the gains from equity funds to liquid/debt funds to protect it from volatility.

I am quite hopeful that you may very well achieve the intended target with the right approach.

*Investments in mutual funds are subject to market risks. Please read all scheme related documents carefully before investing.

You may follow us on X at @mars_invest for updates.

Happy Investing!!

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Ravi

Ravi Mittal  |314 Answers  |Ask -

Dating, Relationships Expert - Answered on Sep 20, 2024

Asked by Anonymous - Aug 07, 2024Hindi
Relationship
I met a women through a matrimonial site. I live abroad and she lives in India. I am 42 and she is 40 years old. We spoke for about 6 months. Then I came to India. Spent some time together and even met the parents. We both like each other. And have the blessings of the parents. But the problem is distance. I am very close to attaining citizenship. But still see that the process and getting an OCI could take at least 2 years. She has a good job with the central government in India. She has decent career prospects, in the country where I live. Initially, she was not interested in marrying anyone living abroad. I raised this with her when we spoke. She had come to where I live for a short diploma course, and was okay in talking with me. When I met her parents, they were also okay with her moving abroad. So far things have been good, but now we are trying to fix the dates for marriage, and trying to solve the long distance issue. I suggested that she could take a sabbatical and spend some time, or if possible pursue higher education. so she need not leave her job in India. Given her current background she also has good career prospects already. However she panics now every time I try to breach this topic. She is scared even to research n life abroad, and now she feels it is better we break up. She admits that , she is a chronic overthinker, I have been very careful in dealing with difficult topics. She has had a relatively easy life, whereas I am used to dealing with challenges personal and professional setbacks. It is really difficult to connect with someone, irrespective of age. I have worked for 18 years in India, and not keen to go through the toxic culture and harsh corporate life. She has a transferable job in India, so even in India we might struggle to be together. I am okay with retiring, from a corpoarte jb and seeking another career which would keep me financially independant and help me lead a meanigful existene. I am exploring ways, but thiis is going to take time. We both considered all the scenarios, and agreed that if she finds a good job abroad, would be relatiely the easier path. But now she is not even ready to consider this and becomes very anxious. . I feel I am more, happy healthy living abroad than in India. I was diabetic in India, and am now off medicines , after moving abroad. It has been easier for me to lead a happy and healthy life abroad, even though I live alone. I am wondering how to approach this. I do not want to hurt anyone. I can understand why she is anxious. I have told her that she does not have to leave her job, she only has to research if she has good prospects. I even offered to get her in touch with folks who have made such transition. I gave her contact details of consultants who can advic her on her career prospects. Visa etc is not an issue. Please advise if I can salvage this relationship or better to accept defeat. I really like her and do not want to hurt her.
Ans: Dear Anonymous,

I understand your concerns. It is a tough choice- both for you and her. On one hand, we can't completely deny her concerns either. She has a good job here and the fear is only fair. But, given her chronic overthinking, she must have already created a worse scenario in her head. It sounds like you both are in a difficult spot where you care for each other deeply but life-changing decisions are creating anxiety. No matter how much you tell her, it isn't going to help. She has to come to terms with it herself. but there are some things you can do to speed up the process-

Acknowledge the fear- Don't make her feel like she is wrong to think this way, or that she is merely overthinking. There is some logic to her fears. Acknowledge that. It does not mean you are encouraging them. Just let her know that any big life decisions are bound to cause some panic in a person and her feelings are completely valid.

Encourage her to take small steps- Instead of asking her to talk to people who have made the shift, try casually including stories of such people in a normal daily conversation once in a while. It would not feel like a commitment but also give her an idea.

Frame the discussion in a better way- For instance, instead of focusing on the move, discuss the life you will be building together. This will give her a scope to see what she can gain if only she can get over her fears.

Do not rush- Big life decisions can't be taken in a hurry. So, give her that space and time. In the meantime, you can continue with life as it was. Let her know that there isn't a timeframe within which she has to decide. This isn't an ultimatum. Sometimes a few kind words can make all the difference.

It's still not time to give up. Is she worth trying a little more? If yes, try. Create a space that is free of judgment where she can openly share her worries, no matter how trivial they might be. It can seem that you are putting in all the effort, but for a chronic overthinker, even considering or trying to overcome a set fear is a big task. Give her a little more time. I am sure things will work out soon.

Best Wishes.

...Read more

Ravi

Ravi Mittal  |314 Answers  |Ask -

Dating, Relationships Expert - Answered on Sep 20, 2024

Asked by Anonymous - Aug 27, 2024Hindi
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Relationship
So, i've started talking to this girl who was a classmate during my college. We've never talked all this time... But we started talking only after 7 years... She was currently working near my home town.. and i am working in a neighbouring state. It is 3 or 4months now.. we are talking and we liked each other...like.. we were in the same situations in life... Like.. we both lost our mothers.. and we are from the same community.. but the deadlock came here in the guise of religion. She belongs to one and i belong to another... Even though we both from same caste... We had a discussion before like.. even though we like each other... she cant move forward in relation because of religion. We had am understanding for sometime... But recently we had a discussion over the same topic and we had a fight... Now the girl and i are not fully talking to each other... Cause she was frightened on what could happen to us if we move forward in a relationship and it fails... Because we are not a stage to try and test things because we both are 29 and you know how it will be in family for a girl... So pleaseee give me advice how to save this relationship... Because i dont want to miss this girl at all. Please...
Ans: Dear Anonymous,

I understand that you are in a tough spot, but if she has truly made up her mind not to proceed with the relationship, especially based on something as sensitive as religion, I cannot advise you to pursue her or try to convince her further. The only thing you can do is have one last open discussion where you express your feelings and the things you are willing to do to make this relationship work out. And for one last time, you can ask her, and only ask, if she would be willing to give it another try. If the answer is still a no, I am sorry, but it would not be wise to continue pushing this. If religion is important to her or an integral part of her family values, it would be selfish to ask her to set that aside for you.

I hope things work out for you.


Best Wishes.

...Read more

Ravi

Ravi Mittal  |314 Answers  |Ask -

Dating, Relationships Expert - Answered on Sep 20, 2024

Asked by Anonymous - Sep 16, 2024Hindi
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Relationship
Hi sir, I’m planning to start a new life with my girlfriend for rest of my life leaving our both families aside. Reason to do that is, I’m recently married with other girl, and my gf married to other guy. We both didn’t even completed 6 months. We are not happy with our life partners. The reason we Got married to other is lack of courage to fight elders by my girlfriend but now she is ready to do fight or even leave them aside for me and start a new complete life.I’m a simple corporate working guy. We are completely decided to live together whatever happens. Our parents wont accept us as they are thinking about our married partners. Whats the best advice you would give to us to start new life in other state?
Ans: Dear Anonymous,

This is a huge decision. First, I would advise both of you to think this through. I am not discouraging you because a broken marriage is far better than a forced one. But if you have even the slightest tinge of doubt, don't rush it. A lot of people are involved in this.

Here are my two cents-

Respect your current marriage- Even if you decide to leave your spouses, you have to handle this situation responsibly and with respect. You are in love with each other, but your current partners are going to suffer for it, through no fault of their own. The least you can do is part ways with kindness and integrity.

Legalities- Divorces can be a long and complicated process. It takes a financial and mental toll on people. Be prepared for that, especially since you do not have the support of your family.

Mental health- Here I am not only talking about your mental health, you need to consider your current spouse's mental health too. And though leaving behind your family seems to be the only option, it is still a big decision. Make sure both you and your girlfriend are in the right frame of mind when you finalize the decision.

As for building a new life in a new city, as exciting as it is, it will be equally challenging. Plan everything to the last detail- finances, living arrangements, job, etc. Before you make the move, make sure both of you are financially independent and self-sufficient. That's the only way to tackle any hurdles.

My best advice is to make this decision very carefully and approach the situation with empathy for all parties involved. I urge you to be honest with your current partner, instead of ever resorting to gaslighting. This is on you, but it would be easy to pin this on your spouse. Don't take the easy route. Take the right one.

I hope things work out for you with no one getting irreparably hurt.

Best wishes.

...Read more

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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