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Ramalingam

Ramalingam Kalirajan  |10017 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Aug 03, 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
Simranjeet Question by Simranjeet on Jul 28, 2024Hindi
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Money

Hello sir ,I want to invest money ..but I don’t know where n how I can invest ..please guide me ..

Ans: It's great that you want to grow your money. Let's look at some options for you.
Where to Invest

Mutual funds are a good choice for many people.
They let you invest in many companies at once.
This spreads out your risk and can give good returns.

How to Invest

First, decide how much you can invest each month.
Even small amounts can add up over time.
Start with an amount you're comfortable with.

Types of Mutual Funds

There are many types to choose from.
Some focus on big companies, others on smaller ones.
Some invest in different sectors like technology or healthcare.

Benefits of Mutual Funds

Professional managers handle your money.
They make decisions based on market research.
This can lead to better results than investing on your own.

Getting Started

Talk to a Certified Financial Planner.
They can help you choose funds that fit your goals.
They'll also consider your risk tolerance and time frame.

Regular vs. Direct Funds

Regular funds are bought through advisors.
They offer expert guidance and ongoing support.
This can be very helpful, especially for new investors.

Finally
Remember, investing is about the long term. Start small and be patient. With time, your money can grow nicely.
Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
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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Sir, I have income of 70000 per month and I can invest 10000 per month. I have zero knowledge of any investments please guide where and how to invest.
Ans: You have a monthly income of Rs. 70,000 and can invest Rs. 10,000 per month. That's a good start. It's important to focus on building a solid financial foundation before diving into investments. This ensures that your money works best for you.

First, let’s address some essentials.

Building a Strong Foundation

Before starting your investment journey, it's important to have a few basics covered:

Emergency Fund: Save at least three to six months of your monthly expenses. This fund should be in a savings account or a liquid fund. It ensures that you can handle any unforeseen expenses without disrupting your investment plans.

Health and Life Insurance: Ensure you and your family are covered with adequate health and life insurance. Health insurance should cover major medical expenses, while life insurance ensures your family’s financial security in case of unforeseen events. Term insurance is a simple and cost-effective option.

Setting Clear Financial Goals

Next, think about your financial goals. What are you saving for? It could be your child's education, buying a house, or retirement. Knowing your goals helps in choosing the right investments. Different goals will require different investment strategies.

Short-Term Goals: These could be within the next 1-3 years, like saving for a vacation or emergency fund.

Medium-Term Goals: These are typically 3-5 years away, like buying a car or funding a child’s education.

Long-Term Goals: Retirement planning or buying a house falls into this category. These are typically 5 years or more away.

Investment Strategy for Your Monthly Rs. 10,000

Now, let’s look at how you can invest the Rs. 10,000 monthly:

Mutual Funds: Start with mutual funds. They are managed by professionals who make decisions on where to invest your money. You can start with a systematic investment plan (SIP). This allows you to invest a fixed amount every month.

Diversification: Spread your investments across different types of mutual funds. Consider large-cap, mid-cap, and small-cap funds. This diversification reduces risk and balances your portfolio.

Avoid Direct Funds: Although direct mutual funds have lower expense ratios, they might not be suitable if you’re just starting out. They require more active management on your part. Opt for regular funds where a certified financial planner (CFP) can guide you. They ensure your investments align with your goals.

Why Avoid Index Funds

Index funds might seem attractive due to lower costs, but they follow the market. This means in times of market downturns, they may not perform well. Actively managed funds, on the other hand, are managed by experts. They aim to outperform the market, offering better returns, especially in volatile times.

Regular Review of Your Investments

Investments need regular monitoring. The market changes, and so do your financial needs. Set up a quarterly or half-yearly review with your certified financial planner. This ensures your investments stay on track towards your goals.

Tax Efficiency

Investing in tax-saving instruments is important. Under Section 80C of the Income Tax Act, you can invest in Equity Linked Savings Schemes (ELSS). ELSS funds have a lock-in period of three years, and the returns are generally higher compared to other tax-saving options. It also aligns with long-term wealth creation goals.

Education and Awareness

Although you may have zero knowledge of investments now, it’s important to educate yourself. Attend workshops, read books, or follow financial blogs. Understanding basic financial concepts will help you make informed decisions. Even with a certified financial planner guiding you, it's always good to know the basics.

Avoid ULIPs and Investment-Linked Insurance Plans

If you come across Unit Linked Insurance Plans (ULIPs) or investment-linked insurance policies, avoid them. They often come with high fees and low returns. Instead, separate your insurance and investment needs. Invest in mutual funds for wealth creation and opt for a simple term insurance for life coverage.

Final Insights

Investing Rs. 10,000 per month is a great step towards building a secure financial future. With the right foundation, clear goals, and proper guidance, you can achieve your financial aspirations. Start with mutual funds, diversify your portfolio, and regularly review your investments.

Also, continue educating yourself on financial matters. This will give you confidence in your decisions.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |10017 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Feb 04, 2025

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Sir I am 47 ..I have little.money . But I don't know were to invest. Because I am lack of knowledge about investments. I am worry to invest in....
Ans: It is good that you are thinking about investing. Many people delay this decision. You are already taking the first step toward financial security.

Understanding Your Financial Position
You have limited money, so every investment decision matters.

You are new to investing, so a simple and safe approach is best.

You feel worried about investing, which means you need clear guidance.

Importance of a Financial Plan
Before investing, you must know your financial goals.

You should first secure an emergency fund before investing.

Your investments should match your time horizon and risk tolerance.

Where to Start Investing
Fixed deposits are safe but offer lower returns.

Mutual funds are good for long-term growth with professional management.

Debt funds provide better returns than FDs with lower risk.

A mix of investments is better than putting all money in one place.

Mutual Funds for Beginners
Actively managed mutual funds are better than index funds.

Investing through a Certified Financial Planner helps in fund selection.

Direct funds may seem cheaper but require deep market knowledge.

What to Avoid
Do not invest in products you do not understand.

Do not follow market trends blindly.

Do not invest all your money in one asset class.

Final Insights
Start small and increase investments gradually.

Take advice from a Certified Financial Planner.

Investing wisely today ensures a better tomorrow.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

..Read more

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Nayagam P

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Career Counsellor - Answered on Jul 31, 2025

Career
Sir my rank is 16894 OC category no EWS .I got kmec CSM in second phase in tg eapcet. I am going for 3rd phase. So could you please guide me whether vidya jyoti institute of technology cse is better or kmec. In 3rd phase can I get Iare , cmrk , cvr , mgit , vjit , snist , anurag only cse and specializations . Are there any chances to get any of these colleges in 3rd phase ? Please guide me sir.
Ans: Dhaksh, With an OC category rank of 16,894 in TG EAPCET, you have secured Computer Science and Business Systems (CSM) at Keshav Memorial Engineering College (KMEC) in phase 2, and are now considering options for phase 3, including CSE at Vidya Jyothi Institute of Technology (VJIT), as well as aspirational seats at IARE, CMRK, CVR, MGIT, VJIT, SNIST, and Anurag (all CSE and related specializations). Based on the official 2024 TG EAPCET closing ranks and highly regarded educational portals, your current rank is well outside the typical closing ranks for OC candidates in CSE at top-tier colleges: CVR (3,200–4,200), MGIT (3,412–3,417), IARE (well under 1,000), SNIST and Anurag (typically under 8,000 for CSE), and CMRK (usually closes by 17,000). VJIT’s CSE (core) closed at 22,455 and AI-ML/Data Science specializations closed between 20,423–21,363, making VJIT’s CSE the only program among your choices where your rank sits comfortably within range for both core and allied branches in phase 3. KMEC’s CSM course typically has closing ranks around 17,263–18,648 for OC, which fits your present allocation and gives the campus a competitive, yet supportive environment, with strong faculty, modern infrastructure, transparent placement processes, and good industry connections. Both KMEC and VJIT have consistently placed 70–90% of eligible students in reputable IT and core companies, with experienced faculty and ample campus facilities, though VJIT is consistently rated higher for core CSE in terms of peer crowd, coding culture, alumni base, research opportunities, and recruiter interest.

In summary, at a 16,894 OC rank, you are unlikely to secure CSE at IARE, CMRK, CVR, MGIT, SNIST, or Anurag (across specializations) as their closing ranks are much lower for OC. VJIT CSE remains open in the upcoming round and is a stronger academic and placement choice than KMEC CSM. Both KMEC and VJIT offer key advantages—NAAC accreditation, modern labs, industry-engaged faculty, active coding culture, and well-structured placement cells—but VJIT provides a more prominent academic environment and greater success for core CSE aspirations.

RECOMMENDATION: Among realistic options, VJIT CSE is the preferred choice as it aligns with your rank, offers better placements, stronger academic pedigree, and deeper industry linkages. You may retain KMEC CSM as a secondary option, but prioritize VJIT CSE (and allied specializations) for a more competitive peer group, robust campus experience, and long-term professional growth. All the BEST for a Prosperous Future!

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Hii mam i have done my registered marriage in April 2024 without knowing of my parents and now i m living in my mother's House without telling that i m married ? Now how can i convince my parents. I have told my parents about him but don't even want to talk to him or his parents.. how can i convince my parents?
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I understand that you are in a sensitive situation. Patience and empathy is extremely important if you want to convince your parents. Understand their side; what are they objecting and why. Once you get that, it will be easier to debunk any misunderstandings they have about your relationship. Have calm one-on-one conversation with each parent instead of talking to both of them at once. Your first task is to make them listen, not immediately approve. Acknowledge any mistake they bring up; it is indeed unfair to not include your parents in your marriage decision, at least, in India. Though I am sure you had your reasons and I am not judging at all. But you need to acknowledge that it was not right of you to do that. This makes you come off more responsible, mature and sincere. Ask them gently what they do not like about your partner and once you understand it, show them his positive side.

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Lastly, if you, even once feel that some of their objections are valid and you never saw it that way, please take things slow. We do miss a lot when we are in love. I am sure that’s not the case with you, but just in case, please do not hesitate to rethink.

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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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