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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Jun 01, 2022

Mutual Fund Expert... more
Nabendu Question by Nabendu on Jun 01, 2022Hindi
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Firstly I would like to thank for your suggestions and recommendations you provide. I would like to know how much corpus is required to get 1 lakh per month in retirement, which will start from June 22. Also, please guide where to invest to get monthly amount of 1 lakh. 

Ans: Sir, the corpus required will be around Rs. 1.6 crore, to be invested in mix of debt and hybrid balanced advantage funds.

Objective will be to generate at least 8% post tax returns so that the corpus will not only be perpetual but also grow over time.

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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Sanjeev

Sanjeev Govila  | Answer  |Ask -

Financial Planner - Answered on Feb 06, 2024

Asked by Anonymous - Sep 22, 2023Hindi
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Hi sir, I am 32 year old earning 42 LPA. I have 20 lakhs invested in stocks, 17 lakhs in mutual funds, 13 lakhs in PF, 3 lakhs in PPF, 2 lakhs in govt. bonds and 12 lakhs in FD. I want to retire by 45 with monthly pension of 2 lakhs post tax growing 7% annually. What should be my corpus amount and how should I invest per month in above instruments to reach it.
Ans: To achieve your retirement goal of a monthly pension of Rs 2 lakhs post-tax, growing at 7% annually, you'll need to calculate the required corpus. For this, I’m unable to let you know your exact corpus amount since I have no information about your current expenses, risk tolerance, life expectancy and other financial goals.

With assumptions like an 85-year life expectancy and an aggressive risk profile, you might need around Rs 7.75 crore at retirement (age 45). This considers a 7% inflation rate and 13% pre-retirement returns.

Right now, you have Rs 67 lakhs saved, split between equity and debt. However, solely relying on these might only sustain your desired lifestyle till age 60 only. To make sure you have enough until 85, you need to invest an additional monthly investment (SIP) of around Rs 1 Lakh along with your existing investments of Rs. 67 Lakhs. Also, slowly build up an emergency fund equal to 6 months of your expenses.

The response to your query is based on limited information and consulting a financial advisor is highly recommended. He/she can create a personalized plan considering your expenses, risk tolerance, and other goals. There are some free financial calculators (for retirement planning) available on google, you can also refer to the same for the calculation.

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Ramalingam

Ramalingam Kalirajan  |9758 Answers  |Ask -

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

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Sir, Myself Rajesh, salaried person, 37 years old. having MF SIP Rs. 36500 per month, current invested amount is about Rs. 14,00,000/- + in Equity stocks- Rs.3,00,000/- have about Rs. 5,00,000/- in hand to invest either in stocks or MF . Have family of 3 people and Monthly expenses are around Rs.25k. Planning to take retirement in another 10 years, looking at the current investment can you help me identify approx. corpus required to invest and take retirement. Thank you.
Ans: Hello Rajesh! It's great to see your commitment to investing for your future, especially with retirement on the horizon. Let's dive into planning for your retirement corpus.

Given your current investments in MF SIPs and equity stocks, you're already on a solid path. However, to estimate the corpus needed for retirement, we need to consider factors such as your desired post-retirement lifestyle, inflation, and expected expenses.

With your monthly expenses at Rs. 25,000 and a family of three, projecting your future expenses accounting for inflation is essential. Additionally, factoring in potential healthcare costs and other unforeseen expenses is prudent.

As a Certified Financial Planner, I recommend conducting a comprehensive financial review to determine your retirement goals and risk tolerance. This will help in estimating the corpus required to sustain your lifestyle post-retirement comfortably.

With your additional Rs. 5,00,000 in hand, you have an opportunity to further diversify your investments. Whether you choose to invest in stocks or MFs, consider your risk appetite and the need for diversification to mitigate risks.

I suggest consulting with a financial advisor who can create a personalized retirement plan tailored to your specific circumstances and goals. By taking proactive steps now, you're setting yourself up for a financially secure retirement in 10 years. Keep up the good work, and remember, investing is a journey, so stay focused on your long-term objectives.

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Ramalingam

Ramalingam Kalirajan  |9758 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 15, 2024

Asked by Anonymous - May 09, 2024Hindi
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Hi Sir, I am 38 Yrs old , I am earning 1.3 L Per Month , if I wants to make corpus of Rs. 2 Cr on my retirement - how much should I invest and give me different suggestions along with MF
Ans: Planning for your retirement at 38 is a wise decision, and aiming for a corpus of Rs. 2 Crore demonstrates a clear vision for your financial future.

Understanding Your Goal:

To achieve a corpus of Rs. 2 Crore by retirement, several factors need consideration, including your current age, income, risk appetite, and investment horizon.

Determining Investment Required:

To calculate how much you need to invest monthly to reach your goal, we must consider factors such as expected rate of return, inflation, and investment duration.

Savings vs. Investments:

Given your monthly income of Rs. 1.3 Lakh, you could allocate a portion towards savings and investments. By investing a significant portion in mutual funds, you can potentially accelerate the growth of your retirement corpus.

Investment Strategies and Mutual Fund Suggestions:

Systematic Investment Plan (SIP): You can start a SIP in equity mutual funds with a diversified portfolio. Allocate funds to large-cap, mid-cap, and small-cap funds to spread risk and maximize returns over the long term.

Debt Funds: Alongside equity funds, consider investing in debt funds to provide stability to your portfolio. Debt funds offer steady returns and can act as a hedge against market volatility.

Balanced Funds: Balanced funds, also known as hybrid funds, invest in a mix of equity and debt instruments. They offer a balanced risk-return profile, making them suitable for investors with moderate risk tolerance.

Sectoral Funds: For investors willing to take higher risks, sectoral funds focused on specific industries can provide opportunities for significant capital appreciation. However, they come with higher volatility and should be approached with caution.

Regular Funds vs. Direct Funds:

Consider investing through a Certified Financial Planner who can provide personalized advice and assistance in selecting the right mutual funds. Regular funds offer the advantage of professional guidance and ongoing portfolio management, ensuring your investments align with your financial goals.

Calculating Monthly Investments:

To determine the monthly investment required to reach a corpus of Rs. 2 Crore by retirement, we need to consider factors such as expected rate of return and investment duration. A Certified Financial Planner can help you calculate this figure based on your specific circumstances and goals.

Final Recommendations:

Investing in mutual funds is an excellent way to build wealth for retirement, given their potential for long-term growth and diversification benefits. However, it's crucial to develop a well-rounded investment strategy tailored to your risk tolerance and financial objectives.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Latest Questions
Nayagam P

Nayagam P P  |9019 Answers  |Ask -

Career Counsellor - Answered on Jul 18, 2025

Asked by Anonymous - Jul 17, 2025Hindi
Career
I had commerce and maths in 12and now Want to do graduation in business analytics . Which college should I prefer in Jaipur as well as pan india. Pls Give suggestions for *both* Don't want to do ca cfa Cs cma and other such courses. College should have various societies, cultural activities like debates and modern age competitions with strong academic excellency and placement records. Stream :commerce with maths Should be affordable (even by availability scholarship family annual income 12 L) Like Krea university offering scholarship for the same income grp . 12% =86 No entrance exam given Suggest college which is accepting admissions right now also.
Ans: With a commerce and maths background and no entrance exam, you can gain admission immediately into strong, affordable BBA/BBM (Business Analytics) programs that combine academic rigor, active societies, cultural events, and proven placement support, with scholarship options for a family income of ?12 LPA.

The following ten institutions accept 12th commerce + maths applicants now, offer vibrant student life (debate clubs, data challenges, cultural fests), and provide need-based or merit scholarships similar to Krea’s model:

ICFAI University, Jaipur – BBA (Business Analytics) with UGC approval, societies for finance, quizzing, tech fests, campus recruitment rates around 80% and scholarships up to 50% for incomes ≤ ?12 LPA.

IBS (ICFAI) Jaipur – BBA (Hons) Business Analytics accredited by IoA, active analytics and entrepreneurship clubs, placement support cell, family-income scholarships.

JECRC University, Jaipur – BBA (Hons) Business Analytics endorsed by Institute of Analytics, robust cultural societies, data-hackathons, ~75% campus placements, fee waivers for eligible candidates.

Manipal University Jaipur – BBA (Business Analytics) with NAAC A+ ranking, vibrant student council, intercollegiate festivals, 85% placement assistance, need-based financial aid.

Vivekananda Global University, Jaipur – BBA (Business Analytics) in a UGC-approved private university, multiple entrepreneurship and analytics clubs, ~70% placement, scholarships for middle-income families.

JAIN University, Bangalore – BBA Business Analytics & Intelligence, industry-aligned labs, cultural and hackathon events, ~90% placement in analytics roles, merit-cum-need scholarships.

Christ University, Bangalore – BBA Strategy & Business Analytics (Hons) with research options, national debating society, business clubs, ~88% placement, scholarships up to 50% for ?12 LPA income.

IIBS, Bangalore – BBA (Business Analytics), global analytics certifications, active campus forums, placement cell with 80% success, merit scholarships.

Amity University, Noida – BBA Data Analytics, techno-cultural fests, business societies, ~85% placement, need-based aid for ?12 LPA bracket.

Woxsen University, Hyderabad – BBA (Business Analytics), collaborative start-up incubator, cultural council, ~80% placement, substantial scholarships for middle-income families.

Recommendation: For the strongest blend of analytics focus, campus life, and scholarships, prioritize ICFAI University Jaipur and IBS Jaipur for their immediate admission cycles and generous aid. Next consider JAIN University and Christ University for pan-India exposure and vibrant societies, followed by JECRC University for its analytics accreditation and Jaipur-based convenience. All the BEST for a Prosperous Future!

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Nayagam P

Nayagam P P  |9019 Answers  |Ask -

Career Counsellor - Answered on Jul 18, 2025

Asked by Anonymous - Jul 17, 2025Hindi
Career
Hi sir my son is in 10th now he opts for iit and it woukd be challenging so i jave suggested him to go with bits and iiit too. In this case what are exams he has to go through At the same time he has taken kannada as 2nd language in 10th and wants to opt sanskrit in 11th and 12th for scoring purpose will be a wise decision as we have a option to answer the paper in english to please advise
Ans: For a 10th grade student aspiring to join IIT, BITS, and IIITs, understanding the complete examination roadmap and making strategic language choices is crucial for maximizing overall academic performance. Regarding language selection, switching from Kannada to Sanskrit in Classes 11 and 12 offers compelling advantages for scoring purposes. Sanskrit consistently demonstrates superior scoring potential compared to regional languages, with 2,758 students achieving perfect 100 marks in Sanskrit during recent CBSE examinations, significantly higher than other languages. Educational experts confirm Sanskrit's reputation as a "scoring and simple subject" with compact syllabi, straightforward question patterns, and high success rates, as evidenced by Karnataka students historically choosing Sanskrit for easy scoring compared to Kannada, English, or Hindi. The Sanskrit examination format includes multiple-choice questions with given options, fill-in-the-blank grammatical forms, and structured essay questions—all conducive to higher marks with proper preparation. Additionally, Sanskrit papers can be answered in English in many examination systems, eliminating language barriers while maintaining the scoring advantages. The strategic benefit extends beyond board examinations, as Sanskrit knowledge proves valuable for competitive examinations like UPSC, where it's considered among the most scoring optional subjects.

Recommendation: Your son should proceed with JEE Main and Advanced preparation while registering for BITSAT and researching IIIT-specific entrance examinations like UGEE. Switching to Sanskrit in Classes 11 and 12 is strategically wise given its consistent high-scoring potential, simplified examination patterns, and compatibility with English-medium answering, ultimately supporting his overall academic percentage crucial for engineering admission success. All the BEST for a Prosperous Future!

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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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