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Ramalingam Kalirajan |6292 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 23, 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 Rajeev on Oct 13, 2023Hindi

Money

Hello, I am 41 years old and have just started to invest in MF. Aim is to have good retirement life and funds for daughter’s education in the next 9-10 years. I am not good to invest 8-12k a month and currently started investing in below funds: Nippon small/Large cap, Kotak, Canara, Axis, ICICI & SBI Bluechip

Ans: It's commendable that you've taken the initiative to invest for both your retirement and your daughter's education. Diversifying across various mutual funds is a strategic move akin to planting different seeds in a garden. Each seed has its unique growth trajectory and potential.

However, while variety is good, it's also essential to ensure that these funds align with your financial goals and risk tolerance. Sometimes, having too many funds can complicate tracking and managing your investments. Consider reviewing your portfolio periodically to ensure it remains in line with your objectives.

As you journey towards your retirement and your daughter's educational goals, remember that patience and consistency are your allies. The world of mutual funds can be unpredictable, much like the seasons. There will be periods of growth and times of stagnation. Stay invested, stay informed, and consider seeking advice from a financial advisor to nurture your financial garden effectively.

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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Question by Prince - Sep 01, 2022Hindi

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I haven't invested any amount in MF so far but planning to invest for 15-20 years for early retirement. Kindly advise. My age is 34 years and can invest 10 k each month and will increase 10-15% every year.

Ans: You may consider below funds:

Parag Parikh Flexi Cap Fund- Growth
Samco Flexi Cap Fund – Growth
UTI MNC Fund - Growth Plan
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Head, Rank MF - Answered on Feb 16, 2022

Question by Bijay - Feb 16, 2022Hindi

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I am 36 yrs working in a reputed MNC IT company having 14 yrs of IT Experience. I have invested in MF since 2016 with a long goal for capital appreciation, for buying Home, Child education and retirement plan. I can take moderate Risk. Below are my MFs, could you please suggest by looking my portfolio (55% Equity, 45% debt value) Axis Blue Chip Fund Direct Growth - SIP 7500 Mirae Asset Emerging Bluechip(G) - SIP 7500 Kotak Emerging Equity Scheme Growth - SIP 5000 Parag Parikh Long Term Equity Growth SIP 5000 UTI Equity Growth Direct Plan SIP 5000 Axis Small Cap Growth - SIP 5000 Franklin India Smaller Cos Fund(G)- SIP 3000 SBI Focused Equity GrowthÂ&nbsp - SIP 5000 Axis Short Term Growth (Short Duration Fund) - SIP 20000 Aditya Birla Sun Life Banking & PSU Debt Growth SIP 5000 Nippon India Gilt Securities Growth - SIP 5000 Nippon India Liquid Growth - SIP 10000

Ans: This is fine; we can review it post 1 year

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Question by Manoj - Mar 29, 2023Hindi

Money

Hello Sir , My Self Manoj ,I am 40 years old a salaried person , and investing in MFs Since 5.5 years I have below current ongoing investments Aditya Birla FlexiCap Fund -- 7000 p.m.(SIP) HDFC Midcap Opportunities fund ---4000 p.m.(SIP) HDFC Hybrid Equity Fund ----2000 p.m.(SIP) DSP mid cap fund ---2000 p.m.(SIP) DSP Select Focus Fund ---2000 p.m.(SIP) DSP Small Cap Fund 3000 p.m.(SIP) Kotak Equity Opportunities Fund ---2000 p.m.(SIP) SBI Blue Chip Fund -----64000 (lumpsome) SBI Small cap fund ----2000 p.m.(SIP) Nippon India small cap fund ----2000 p.m.(SIP) Invesco Small cap fund ---1000 p.m.(SIP) Tata Small cap fund ----1000 p.m.(SIP) Mahindra Unnati Emerginf Business yojana ----2000 p.m.(SIP) Tata Balanced Advantage Fund -----50000 Mirae Asset Mid cap Fund ---2000 p.m.(SIP) ICICI Flexicap fund -----70000 (lumpsome) DSP Equity and Bond Fund---- 32000 (lumpsome) DSP Dynamic Asset Allocation Fund ----23000 (lumpsome) Sundaram Emerging small cap series1---17000 (lumpsome) Sundaram Services Fund---500 p.m.(SIP) Tata Flexicap Fund ----17400 (lumpsome) Baroda BNP Paribas Flexicap Fund ----50000 (lumpsome) Icici Blue chip Fund ---400 p.m.(SIP) Edelweiss small cap fund ----2000 p.m.(SIP) Axis Flexicap Fund ----19000 (lumpsome) Sundaram Small cap fund ----98000 (lumpsome) ICICI mnc fund---- 6000 (lumpsome) Axis mid cap fund ---500 p.m.(SIP) Canara Robeco small cap fund -----1000 p.m.(SIP) BOI small cap fund ----1000 p.m.(SIP) Aditya birla multicap fund----50000 (lumpsome) Kotak Multicap fund -----25000 (lumpsome) HDFC world indexes fund of fund---10000 (lumpsome) SBI Multicap fund ---1000 p.m.(SIP) PGIM India mid cap oppportunities fund ---1000 p.m.(SIP) Axis small cap fund ----500 p.m.(SIP) Edelweiss focused equity fund ---21000 (lumpsome) UTI flexicap fund ---3000 p.m.(SIP) Quant Large cap fund ---25000 (lumpsome) IDFC mid cap fund ---25000 (lumpsome) White Oak mid cap fund ---20000 (lumpsome) Sundaram Flexicap fund ---700 (lumpsome) Canara Robeco mid cap fund ---2000 p.m.(SIP) Mahindra small cap fund---2000 p.m.(SIP) Total amount of SIP is roughly around 45k per month, Since December 2016 till the date now my investment corpus in Mutual Fund has been now 30.5 lakhs , also i have 30k invested in direct stocks in Indian equity Market. I have 3 LIC policies and 1 term insurance policy of 1 crore cover,I have Bank FDs in nationalised bank for about 27 lakhs , and 3 lakhs in PPF My Goals are 1) 2 crores for my children's marriage and education 2) 2 crores for buying home 3) 4 crores for retirement life (after 10 years) In total i want to generate 8 crores in next 10 years. Kindly suggest if i would be able to achieve the goals in next 10 years,and changes if required any Regards Manoj

Ans: Hello Manoj,

It's great to see that you've been disciplined with your investments and have built a sizable corpus already. To assess if your current investments will help you achieve your goals of 8 crores in the next 10 years, let's take a closer look at your financial situation and goals.

Current Investments:
Mutual Funds: ~30.5 lakhs
Direct stocks: 30k
LIC policies and term insurance: Not considered for investment purposes
Bank FDs: 27 lakhs
PPF: 3 lakhs
Total: ~60.5 lakhs
Monthly SIP investments: ~45k
Now let's analyze your goals:

Children's marriage and education: 2 crores
Buying a home: 2 crores
Retirement life (in 10 years): 4 crores
Total: 8 crores
Assuming an average annual return of 12% on your equity investments, here's a rough projection of your portfolio's growth:

Current investments (60.5 lakhs) in 10 years: ~1.87 crores
Monthly SIPs (45k) in 10 years: ~1.05 crores
Total: ~2.92 crores
Based on this calculation, you would not reach your goal of 8 crores in the next 10 years. However, you can consider making some changes to improve your chances:

Reassess your goals: Consider if your goals are realistic and if there's any flexibility in the amounts or timelines.
Increase your SIP investments: As your salary increases, try to increase your SIP investments to accelerate your portfolio's growth.
Rebalance your portfolio: Regularly review your portfolio to ensure it's aligned with your risk appetite and financial goals. This may involve reducing the number of funds or shifting the allocation between equity and debt.
Monitor fund performance: Keep an eye on the performance of your funds and consider replacing underperforming ones.
Remember that financial planning is an ongoing process, and it's essential to periodically review and adjust your strategy. It's also a good idea to consult with a professional financial advisor to get personalized advice for your specific situation. While it might be challenging to achieve 8 crores within 10 years, these suggestions may help you get closer to your goals.

Best regards,

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Question by Kannan - Oct 09, 2023Hindi

Money

Hello, I am 39 years old and have just started to invest in MF. Aim is to have good retirement life and funds for son’s education in the next 6-7 years. I am good to invest 1-1.2lacs a month and currently started investing in below funds: Mirae large and Mid cap funds Nippon small cap Kotak emerging funds ICICI Pru blue chip Axis Mid Cap Axis Multi cap SBI Magnum Midcap Quant Mid Cap

Ans: Hello, you are on the right path. Keep the discipline and you will reach your goal as decided by you

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Question by K - Sep 15, 2024Hindi

Career

Msc biotechnology or mtech biotechnology help s for the students studied BTEC biotechnology

Ans: Hello K.
Both M.Sc. and M.Tech have different goals in career making. Choose M.Sc: If you're inclined towards research, academia, or plan to pursue a PhD. and M.Tech.: If you're more interested in the engineering, industrial, or applied aspects of biotechnology and want to work in industry. Both degrees can lead to good career opportunities, but it depends on whether your interests align more with research (M.Sc.) or technical applications (M.Tech.).

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Question by Dharsha - Sep 15, 2024Hindi

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Which online coaching is better for online iitjee success

Ans: Hello Dharsha.
You used the words success and online coaching for Jee. Success never depends upon joining either online or offline coaching. You have to study on your own and consistently. There are many online learning platforms. To list some of them are, Allen, Vedantu, Byju's, PW, Aakash, and many more. It is better to visit the NTA website for a free online test series and test all the platforms from a teaching and test series point of view. Everybody's test is different. Hence, first, check and then decide which is suitable for you. We can't recommend a particular name from a success point of view. Join any suitable platform, study hard, appear for tests regularly, finish the syllabus in time, revise it at least 2-3 times, do calculations at lightning speed, and collect the material in hard and soft copy form. Success will be there.
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Asked by Anonymous - Sep 15, 2024Hindi

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Hi Sir, Iam currently 26 years old working in IT having salary of 1L/month. Iam planning for emergency fund with expenses per month are almost 68k. Please suggest me good options with quick liquidity factor regarding emergency fund.

Ans: You should have minimum of 6 months expenses put aside as emergency fund.

Some banks offer higher interest rate on savings account but it is subject to Monthly Average Balance requirement. (For eg IDFC First bank)

Some banks offer flexi fixed deposits, higher rate of interest with flexibility of withdrawal like a savings account but it comes with auto renewal feature. (For eg, Axis Bank)

Mutual funds offer liquid debt funds that can offer better interest rates, flexibility in withdrawal and some also offer instant redemption of 90% of corpus upto max 50K and balance corpus redemption is on T+1 working day. Mostly invests in low maturity secure debt instruments so are associated with low to moderate risk. (For eg. ICICI Pru Liquid Fund-Growth)

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

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Question by rudolf - Sep 14, 2024Hindi

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Dear Sir, i am an NRI, investing in mutual funds and stocks through NRO account for quite some time and i am planning to move to india approximately in another 2-3 years of time , given that NRO have high taxation, i just wanted to understand how to swiftly transfer mutual funds and taxes from nro account to indian resident account ? Appreciate if you could provide advice as well as SWP method ?

Ans: Dear Rudolf,
As an NRI planning to move back to India in 2-3 years, transitioning your investments from an NRO account to a resident account requires careful planning. First, once you become a resident, you need to convert your NRO account into a regular resident savings account. This involves contacting your bank, providing updated KYC details, and submitting proof of your new residency status in India. Additionally, you must inform mutual fund houses or registrars (like CAMS/Karvy) about your change in residential status by submitting a KYC modification form.
In terms of taxation, as an NRI, you are currently subject to higher taxes on your investments. Long-term capital gains (LTCG) on equity funds are taxed at 10%, while short-term capital gains (STCG) are taxed at 15%. For debt mutual funds, LTCG is taxed at 20% with indexation benefits, and STCG is taxed according to your income slab. Once you become a resident, the taxation on these investments will continue under resident tax laws, but any new gains after your status change will be taxed according to resident regulations.
To efficiently manage your investments, you can opt for a Systematic Withdrawal Plan (SWP). This allows you to withdraw a fixed amount from your mutual funds regularly while keeping the rest invested. SWP is tax-efficient, as you only pay capital gains tax on the withdrawn portion. After becoming a resident, you can easily set up SWPs to your regular savings account for steady income, while the rest of your investments continue to grow.
So to conclude, it is essential to update your bank and mutual fund KYC details when you return to India to ensure regulatory compliance and take advantage of resident tax laws. SWP can provide regular income while managing taxes efficiently. You need to contact a professional Advisor or CA for managing all your assets.
Best regards,
Nitin Narkhede
Founder & MD, Prosperity Lifestyle Hub https://Nitinnarkhede.com
Free Webinar https://bit.ly/PLH-Webinar

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MF, PF Guru - Answered on Sep 15, 2024

Asked by Anonymous - Sep 14, 2024Hindi

Money

Hi Sir - I'm 35 years. Both myself and a better half are working with a monthly income of 3.65L together (2.8L mine + 85K wife's). We have a 5 year old male kid. We have a SBI max gain home loan account with a debt of 12.65L and a parked amount of 26.5L apart from the EMI paid so far from previous 5 years. No EMI on car purchased. EPF ~29L, PPF started for both of us an year back. Also started a monthly SIP of ~1.2-1.5L in MF from Jan'2024 with 8.5L balance so far and will continue the SIP in the below funds atleast for next 10 years. Not considering debt funds as I'm already having EPF and PPF components and will periodically review these funds. 1. Nifty next 50 Index, 2. Small Cap 250 Index, 3. Multi Cap, Active 4. Mid Cap, Active 5. Flexi Cap, Active Better half may quit her job by Mar'2025. We are looking to close home loan by March'2025 and stay EMI/debt free with a peace of mind. Is it a wise decision to close a home loan by this financial year and increase the monthly SIP to 2L from next financial year? Or) invest the home loan balance amount in real estate (preferably buying a land)? especially when the home loan interest of upto 3.5L are tax fee in the old tax regime. Thanks!

Ans: Dear Friend, Given your current financial standing, closing your home loan by March 2025 seems like a wise choice. You have Rs 26.5L parked in the SBI Max Gain account, which already reduces your interest liability. By clearing the remaining Rs 12.65L, you can become debt-free, providing peace of mind and freeing up your EMI payments for additional investments. While the home loan offers tax benefits under the old regime, the psychological comfort of being debt-free may outweigh the potential tax savings, especially since your financial portfolio is already strong.
Once the loan is closed, increasing your monthly SIPs to Rs 2L would be a smart move. Over the next 10 years, equity mutual funds, which historically offer returns of 10-12% annually, can significantly grow your wealth. Since you are already investing in a diversified portfolio of index, small-cap, mid-cap, and flexi-cap funds, increasing these investments aligns well with your long-term goals.
Investing in real estate, particularly land, can provide diversification. However, real estate is typically less liquid and the returns can be location-dependent. If you're confident in the property’s growth potential, this can be a good long-term investment. However, your existing strategy of focusing on equity mutual funds will likely offer better returns and flexibility, given your 10-year investment horizon.
So closing your home loan by March 2025 and redirecting the freed-up funds into increased SIPs appears to be the best route. It balances peace of mind, tax efficiency, and long-term wealth creation, while real estate can be considered for diversification if you find a promising opportunity.
There are many real estate opportunities like REIT or Partial ownership in commercial properties which can also yield between 14 to 22% overall return with about 5 to 8% monthly return and 10 to 12% of Growth in the Asset Value at end of tenure.
Investment is commodities like gold and silver can also yield a return of 8 to 10% with reducing the risk in one sector.
Diversification is the mantra, do not depend on only one or two type of investment avenues. Explore other options as well.

Best regards,
Nitin Narkhede
Founder & MD, Prosperity Lifestyle Hub https://Nitinnarkhede.com
Free Webinar https://bit.ly/PLH-Webinar

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Insurance, Stocks, MF, PF Expert - Answered on Sep 14, 2024

Asked by Anonymous - Sep 14, 2024Hindi

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I have taken IPO of Nuvoco vistas, now I have a loss of Rs. 5,600 what should I do???

Ans: Exit on any rise. Maintain strict stop loss(348-345)to avoid further losses.

As a caveat please consult your research analyst.

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Health Science and Pharmaceutical Careers Expert - Answered on Sep 14, 2024

Asked by Anonymous - Sep 12, 2024Hindi

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I have completed bachelor of pharmacy in 2022 and in March 2023 i applied for registration from Bihar state pharmacy council because I'm from Bihar and i need licence for their but till date I haven't receive registration neither proper response from office so please tell me what should I do

Ans: Hello, there are two websites available for the Bihar Pharmacy Council:
https://biharpharmacycouncil.in/
https://biharstatepharmacycouncil.com/
To register as a pharmacist, you need to upload your details onto the council's website. Kindly verify on which website you have uploaded your details.
The website https://biharstatepharmacycouncil.com/ is linked with the Pharmacy Council of India. Therefore, follow the directions on the second website accordingly.

Dr Karthiyayini Mahadevan |1065 Answers |Ask -Follow

General Physician - Answered on Sep 14, 2024

Question by Nirmalya - Sep 12, 2024Hindi

Health

Hi, mine is a weird question. I am a male and have crossed 60 two days back. I am diabetic(under control with medicine), having Hypothyroid and HTN. I do not notice any significant change in myself. The same flamboyance, agility is still there. But people around me advise that I should now move about a bit slowly and carefully as I am now 60+. Kindly advise.

Ans: Age is just a number. But ageing process happens with oxidative stress. One may be 60, but the biological age according to the healthy physiological system may be like in 50 s. Ageing process is unavoidable, particularly eating everything and crossing the limitations of the physical causes more oxidative stress. So please take care of your lifestyle. With a healthy lifestyle you can age gracefully with good quality of life.

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General Physician - Answered on Sep 14, 2024

Asked by Anonymous - Sep 13, 2024Hindi

Health

I am 75 + ....Around two months back I was diagnosed as dengue positive with platelet count at 75,000. with proper medication, platelet counts were increased to 2,05,000 and fever was subsided.However swellings on both arms and legs persisted.. Off late on my both solders i am suffering severe pain and enable to make any movement, i feel like inner vain of my both hands are getting stretched/pulled (right from my solder to the finger tips and swelling on both hands and legs are still there. My doctor says that it may continue for another two three months and proscribed me only pain killer tablets.Doctor says that there is no specific medicine for Dengue. I got thorough blood and urine test along with other test like scanning, x-ray etc. All the test reports are normal except slightly blood sugar (PP) on higher side and enlargement of prostate gland (which is there since last 10 years and i am on regular medicine (silodosin 8-mg, one tab a day) Kindly advise me with your good suggestions that what could be the cause of this problem and which expert doctor I should consult since it is very difficult situation for carrying out my routine activities and also I can't sleep properly due to severe pain. Thank you

Ans: Post viral illness can trigger different chain of immune reactions
They are mostly self limiting if your lifestyle is well disciplined.
Here are the points towards a healthy lifestyle
1.Early dinner by 6 pm and avoid animal protein and fat at dinner meal
2.Sleeping time to be regulated. Fix a specific time around 9/9.30 pm and unwind from the world particularly off media from 7 pm
3.Regular brisk walking 30 mts a day five days a week
4.Balanaced nutrition and avoid highly refined carbohydrates

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General Physician - Answered on Sep 14, 2024

Asked by Anonymous - Sep 13, 2024Hindi

Health

I am a 28 year female. I am suffering from Trichotillomania. It's the constant urge to pull one's head hair. I almost pulled out 90% of my hair. I don't understand how to stop this. I am in a situation that I can't afford a psychiatric or any health coach. Please suggest me something how I can stop this. And also suggest some tips regarding hair regrowth.

Ans: Pulling out hair is inflicting self pain. This is seen as a Psychological condition which needs Psychotherapy and Counselling.
Tips for regrowing hair are
1.Balanced nutrition
2.Good quality Sleep
3.Manage your stress, choose where to meet it

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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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