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Sanjeev

Sanjeev Govila  | Answer  |Ask -

Financial Planner - Answered on Jul 23, 2023

Colonel Sanjeev Govila (retd) is the founder of Hum Fauji Initiatives, a financial planning company dedicated to the armed forces personnel and their families.
He has over 12 years of experience in financial planning and is a SEBI certified registered investment advisor; he is also accredited with AMFI and IRDA.... more
Asked by Anonymous - Jun 16, 2023Hindi
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Hello Sir, I am investing the following in MF SIP's every month. 3000-Axis Small cap, 50000 - Canara Robeco Bluechip, 30000 - Canara Robeco Flexicap, Parag Parikh Flexicap - 30000, 10000 - Nippon Pharma, 5000-Kotak Emerging Equity, 30000 - PGIM Flexicap, 20000 - UTI Flexicap. Are these funds good for long term investment, 5-10 years. How much amount can I expect from this investment. Please advise. Thanks Sir !

Ans: Your portfolio is a mix of different category of mutual funds like large-cap, mid-cap, small-cap, and thematic funds which indicates you have well diversified your portfolio. Diversification can help reduce risk and improve the potential for returns.

Investment for long term in equity funds gives good return. We suggest you to stay invested for 5-10 years and you can expect 12-14% CAGR from your portfolio while in the short term you may see volatility as expected of equity investments.

However it is essential to keep reviewing your portfolio periodically and track the performance of particular mutual funds and make adjustments if required.
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  |7101 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Sep 13, 2024

Asked by Anonymous - Sep 12, 2024Hindi
Money
Hello sir , I am 40 years old , I have below investment. No EMI No Loan. FD - 60 lacs. Mediclaim - 10 lacs ( 20K per year) NPS - 50K Per year ( Since last 5 years) PPF - 150K Per Year ( Since Last 5 years) I am investing in below mutual funds through SIP. ( 32K Total) - Since last 3 Years ICICI balanced Advantage 2K HDFC Balanced Advantage 3K Tata Midcap and Largecap 3K Nippon India Small Cap 2K Motilal Midcap 2K ICICI Prudential Commodities 5K Quant Small Cap 5K HDFC Top 100 5K Parag Parikh Flexi 5K Is it good funds for long terms ( Horizon of 8/10 years) ? My income is arround 1.80 lac monthly , no home loan and emi. Shall I increase my SIP and my concern is 60 lacs is in FD ..Please suggest.
Ans: Assessment of Current Investments
Your financial discipline is impressive. You’ve built a diversified investment portfolio with no loans or EMIs, which is a great advantage. Your investments in fixed deposits (FDs), PPF, NPS, and mutual funds through SIPs demonstrate a thoughtful approach to wealth building.

However, it’s important to review the effectiveness of these investments, especially for long-term goals. Let’s break down the strengths and areas for improvement.

Fixed Deposit (FD) - Rs 60 Lakhs

FDs are safe, but their returns can be lower than inflation over the long term. This reduces the purchasing power of your money. Given the low interest rates compared to inflation, it might not be ideal to keep such a large portion in FDs for a long time.

Consider shifting part of this amount to higher-return investments. A mix of debt and equity mutual funds can offer better growth with moderate risk. This will ensure that your corpus grows and does not lose value.

Mediclaim - Rs 10 Lakhs

Your health insurance coverage is essential, but Rs 10 lakhs might be insufficient in today's medical inflation. Since you are 40 years old, increasing your coverage to around Rs 20-25 lakhs would be wise. You can also look into super top-up policies for additional coverage at lower premiums.

Keep your premium manageable while ensuring you have enough coverage for any emergency.

NPS - Rs 50K Per Year

The National Pension System (NPS) is a good option for retirement savings. It offers tax benefits and helps create a retirement corpus. However, keep in mind that NPS has limited liquidity and locks in the money till retirement.

Continue with your current contribution, but it’s important to also have other flexible investments for retirement, which can be accessed before the NPS maturity if needed.

PPF - Rs 1.5 Lakhs Per Year

Your consistent contribution to PPF is excellent. PPF offers tax-free returns and acts as a solid long-term debt instrument. However, it has a 15-year lock-in period, and the returns are limited, which might not be sufficient to beat inflation in the long run.

Continue investing in PPF, but consider balancing it with equity-based investments for better overall growth.

SIPs in Mutual Funds
Your SIP investments show good diversification, with exposure to large-cap, mid-cap, small-cap, and flexi-cap funds. However, let's assess whether the fund selection aligns with your long-term goals.

Balanced Advantage Funds (BAFs)

BAFs are designed to manage market volatility by dynamically adjusting between equity and debt. Your allocation in these funds is good for managing risk, but the return potential might be lower compared to pure equity funds over the long term.

You may want to review your allocation here and consider increasing exposure to pure equity funds for better growth.

Midcap and Smallcap Funds

You have a healthy exposure to midcap and smallcap funds. These funds have the potential for high growth but come with higher volatility. Given your 8-10 year horizon, this allocation is suitable, as the long-term potential of mid and small-cap companies can help you achieve substantial gains.

Ensure you monitor these funds regularly, as they require careful attention to market cycles. If you can handle some risk, this allocation can continue to serve you well.

Commodities Fund

Your exposure to a commodities fund is unique. While commodities can provide diversification, they are often volatile and may not deliver consistent returns in the long term. Consider reducing exposure to this fund and reallocating it to equity or hybrid funds with better long-term growth potential.

Top 100 Large Cap Fund

Large-cap funds are stable and provide steady returns, making them a good choice for a conservative portion of your portfolio. Your investment here is well-placed for long-term wealth creation, as large-cap companies are usually more stable and less volatile.

Flexi Cap Fund

Your investment in a flexi-cap fund is an excellent choice. These funds offer flexibility to invest across market capitalizations, which helps in capturing opportunities across different market segments. Flexi-cap funds can provide good long-term growth due to their dynamic nature.

Recommendations for Future SIPs
Increase Your SIP Gradually

Since your income is Rs 1.8 lakh per month, and you’re already investing Rs 32,000 in SIPs, you have room to increase your SIP contributions. Increasing your SIPs by Rs 10,000 per month could help you build a stronger corpus over time.

You could distribute the increased SIP amount among equity funds, focusing on large-cap or flexi-cap funds for better risk-adjusted returns.

Shift FD Amount Gradually

You can consider gradually reducing your Rs 60 lakh FD and allocating part of it into mutual funds. A combination of debt and equity funds would provide better returns while managing risk.

For example, you could shift Rs 20 lakh from FD into a combination of balanced hybrid funds and debt funds. This would offer a balance between safety and growth.

Health Insurance Enhancement

Increase your health insurance coverage to at least Rs 20-25 lakhs. Super top-up plans can be a cost-effective way to enhance your coverage without significantly increasing premiums.

Diversification Across Asset Classes

While your portfolio is diversified, it can benefit from more balanced exposure between debt and equity. Consider introducing hybrid funds or balanced advantage funds to provide a cushion against market volatility.

Reevaluate Commodities Fund

Commodities tend to be more volatile and may not perform as well over the long term compared to equity funds. You might want to shift this allocation to equity-focused funds for better growth prospects.

Long-Term Strategy and Final Insights
You are already on the right path with your investments. The key is to refine your portfolio for better long-term growth and inflation-beating returns. Some key takeaways:

FD Allocation: Gradually reduce your Rs 60 lakh FD holding. Allocate a portion to debt mutual funds for better returns and liquidity.

Health Insurance: Increase your health coverage to Rs 20-25 lakhs.

Increase SIPs: Consider increasing your SIP contribution from Rs 32,000 to Rs 40,000, focusing more on large-cap and flexi-cap funds.

NPS: Continue contributing to NPS, but balance your retirement planning with more liquid investments.

Balanced Advantage Funds: While these provide stability, the growth potential is limited. Consider reallocating part of this investment into equity funds for long-term growth.

Commodities Fund: Reevaluate this fund as commodities can be highly volatile. Shifting this to equity-focused funds may give better returns over 8-10 years.

Flexi-Cap and Midcap: These funds are ideal for long-term wealth creation, so maintaining and slightly increasing your allocation can provide growth.

Regular Reviews: Monitor your portfolio regularly and make adjustments based on performance and market conditions.

Finally, your financial foundation is strong. With a few adjustments, you can further strengthen your long-term wealth creation strategy. Stay focused on your goals, and consider increasing your SIPs as your income grows. Your current path is promising, and with these improvements, you will be well-positioned to meet your financial goals.

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

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Kanchan

Kanchan Rai  |407 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Nov 24, 2024

Asked by Anonymous - Nov 24, 2024Hindi
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How can an elder man attract young women
Ans: Attracting someone, regardless of age, begins with authenticity and mutual respect. If an older man is interested in forming a connection with a younger woman, it’s important to focus on qualities that foster meaningful relationships. Younger women are often drawn to the stability, confidence, and life experience that an older man can bring to the table, but the key lies in presenting these qualities without pretense or arrogance.

Confidence rooted in self-awareness and emotional maturity can be particularly appealing. This doesn’t mean showing off achievements or wealth, but rather displaying a genuine sense of self and clarity about what you want in life. Emotional maturity—expressed through kindness, patience, and good communication—creates a safe and engaging space for meaningful interactions.

Equally important is the ability to connect on a deeper level. Shared interests, respect for her individuality, and a willingness to engage with her worldview go a long way. Relationships thrive when both individuals feel valued and heard. An older man should approach a younger woman with curiosity about her experiences and aspirations, while also offering his perspective in a way that enriches the connection rather than dominating it.

It’s also crucial to approach such a dynamic with an understanding of potential societal perceptions. While age-gap relationships are increasingly accepted, they often come with assumptions or judgments. The foundation of a strong relationship in this context lies in ensuring that the connection feels equal, mutually respectful, and free of power imbalances.

Finally, maintaining physical and emotional health contributes to overall attractiveness. When a man prioritizes his wellbeing, it not only enhances his confidence but also signals that he values himself and his relationships. Attraction in any relationship is multifaceted, involving both external qualities and the inner richness of character.

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Relationships Expert, Mind Coach - Answered on Nov 24, 2024

Asked by Anonymous - Nov 22, 2024
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I was in a relationship with a boy(he is 35 yrs old man, and a lawyer but not practising in a court, he had a lot of relationship during our relationship and after break up , He had changed 4, 5 women or used them physically) for 3 years. It has been three-four months. We are not in a relationship. We have broken up. I told him to delete our personal pics and videos. He is not deleting them and is not blackmailing me either. I told him that since we don't want to be together, we don't have a future together, then delete them. He is not deleting them and is not blackmailing me either and I want him to delete them. Who knows what will come to his mind in the future and what will happen. If we don't continue, he has no right to Keep the pics in your mobile, whatever video is personal to us, don't delete it and don't blackmail me either. I am not able to understand what should I tell him, although I have requested him a lot to delete it but he is not doing it either, He told me that I have kept ur pics and videos So that I cannot complain against him in future. so what should I do, please guide me. I know I had made a huge mistake to love him and gave him right to keep personal pics or videos..
Ans: At this point, it’s essential to protect your emotional and mental health while addressing this issue. You might consider seeking support from someone you trust, such as a close friend or family member, to share this burden. Talking to someone who knows you and your situation can provide comfort and practical guidance.

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You’re not alone in this, and it’s okay to seek help—whether that’s legal advice, emotional support from loved ones, or even professional counseling to navigate the stress and anxiety this situation might be causing. The most important thing now is to take steps that protect your peace of mind and ensure your future isn’t weighed down by his actions.

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Milind

Milind Vadjikar  |687 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Nov 24, 2024

Asked by Anonymous - Nov 23, 2024Hindi
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Money
Hello Team, Hi Dev Sir, I am 43 years old employed. Here are my financial stats: Loan - 35 lacs Saving- 27 lacs 1 house bought in 2009 at rent (14000/month) and valued at 60 lacs Another house which I live is valued at 90 lacs Monthly income after tax - 2.5 lac Monthly expenses- 1 lac PF/gratuity - 16 lacs MF - 2 lacs NPS - 4 lacs What are my options to retire after 5 yrs with good corpus?
Ans: Hello;

What is your monthly contribution to EPF, NPS and MFs?

Please clarify so as to advise you suitably.

Thanks;

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Nayagam P

Nayagam P P  |3918 Answers  |Ask -

Career Counsellor - Answered on Nov 24, 2024

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Career
Sir i am currently in class 11 th and i just want to prepare for jee mains and advanced 2026 exam so give me some roadmap to achieve and also guide me for computer science
Ans: Shreya, I trust that you have already enrolled in a coaching center, whether it be online or in person, and have finished your eleventh syllabus. (1) If you have not yet created your own short-notes for the 11th syllabus that has been completed, prepare it and continue to revise them every three days until 2026, even after you have commenced studying the 12th syllabus in December 2024. (2) Review the questions that you have incorrectly answered or skipped in mock tests conducted by your Coaching Center and/or practiced independently. (3) In order to increase your rank/percentile by targeting computer science at a reputable college/institute, prioritize mathematics (although all three subjects are equally important). (4) You should be thorough with NCERT books, particularly those pertaining to chemistry, in conjunction with the materials provided by your coaching institute. (5) Have 1-2 reference books for each subject. Not exceeding two. (6) Review the questions that were incorrectly answered or skipped in your mock and practice exams and retake the test. It is advisable to maintain a distinct note-book for these types of questions, which should include answers and elucidating notes, in order to review them repeatedly for all three subjects. (7) Download the SYLLABUS of JEE Main 2025 (available on Google by searching for "JEE Main Information Bulletin") and print it out, as there will be no significant changes to the syllabus in 2026. Maintain it on your study table and continue to update the 11th syllabus chapters and concepts that you have covered to date by marking them with a checkmark. This will boost your confidence if you continue to update the same till November 2025. (8) A slight difference in Syllabus might be visible when you acquire the 2026 JEE Main / JEE Advanced Syllabus. The same can be resolved within 15 days to one month in 2025-26. (9) Increase your productivity by studying for 45 minutes to 1 hour, taking a 10-minute break, and then continuing for 45 minutes. (10) Take a 2-3 minute break every 45 minutes while practicing questions, whether offline or online. This break should consist of closing your eyes and taking long breaths to enhance your concentration and mental capacity. (11) Additionally, it is recommended that you acquire the 20-40 PREVIOUS years question paper book of JEE (Main & Advanced) from Amazon. Arihant's, Disha's, or MTG's publications are recommended. Once you have finished reading a chapter, practice and complete it to determine the extent to which you have comprehended the concepts and to identify areas that require improvement. (12) By October 2025, ensure that you have reviewed significantly more than 90% of the previous years questions. Your confidence will be further bolstered by this. (13) After the mock test is completed at your coaching center, clarify all incorrectly answered or ignored questions and continue to revise and practice them, as these types of questions will significantly disrupt your performance in the actual JEE. (14) If you are a regular school student, inquire with your class teacher about the minimum attendance requirement as outlined in the Board's regulations (State, CBSE, ICSE, etc.). Utilize the remaining 15% by taking time off and preparing for your JEE, if only 85% attendance is required. (15) THE MOST IMPORTANT Value Added Suggestion: Rather than solely relying on JEE, please participate in 5-7 entrance exams/counseling process with a JEE score for getting admission into any one of the private engineering colleges to have a variety of options to select the most suitable one. All the BEST for Your Prosperous Future.

To know more on ‘ Careers | Education | Jobs’, ask / follow Us here in RediffGURUS.

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Radheshyam

Radheshyam Zanwar  |1062 Answers  |Ask -

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Nov 23, 2024

Asked by Anonymous - Nov 23, 2024Hindi
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Career
My son graduated BE CSC with 8.9 CGP was offered a job as system engineer inTCS in April when he was in his 8th semister. Till November 23 he didn't get the on boarding letter, in the meantime whe appeared in two' exams under same offer. Advice what has been going on.
Ans: Hello.
Whatever you are saying is just shocking. The track record of TCS is not like that, as you described in your question. It would be better to contact TCS again and ask them when they will give on boarding letter. It is not clear from your query whether your son had done some correspondence with TCS or not related to the job offered. It is also not clear which two exams he appeared in. If not selected in a campus interview, searching for a job might be tedious but not so difficult. Ask your son to post a strong resume on the LinkedIn portal and remain in touch with his seniors. Please visit the websites of renowned companies daily to search for vacancies. There are many job-offering portals where he can register his name. Please ask the college placement division for any placement opportunities.
Wishing the best of luck for his bright future.

If satisfied, please like and follow me.
If dissatisfied with the reply, please ask again without hesitation.
Thanks.

Radheshyam

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T S Khurana

T S Khurana   |197 Answers  |Ask -

Tax Expert - Answered on Nov 23, 2024

Asked by Anonymous - May 11, 2024Hindi
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Money
Can you please suggest on capital gains as per Indian taxation laws arising in the below two queries : 1) property purchased with joint ownership, me and my wife’s name in 2015 at a cost of 64,80,000, housing improvements done for the cost of 1000000 and brokerages of 200000 paid and sold the same property at 10000000 in Dec 2023? 2) 87% of the proceeds got from the deal i.e 8700000, have been reinvested to pay 25% amount in purchasing another joint ownership property in Dec 2023, 3) I have invested in another under construction property in Nov 2023 by taking housing loan, which is on me and my wife’s name worth 1.4 cr, here the primary applicant is me only while wife is just made a Co applicant in the builder buyer agreement and also on the housing loan . So what are the LTCG tax liabilities arising from the above 3 scenarios for FY 2023-2024 and FY 2024-2025. I intend to sale off the property acquired in (2) by Dec 2024 and use that proceeds to close the housing loan for the property acquired in (3), will this sale of property be inviting any tax liabilities if the complete proceeds received from the sale of the property in (2) would be utilised to close the housing loan taken in Nov 2023 for the property in (3) ? Since in FY 23-24, I would be claiming the LTCG from the sale proceeds of 1) invested in the purchase of property in 2), and I intend to sale off this property in Dec 2024, will the LTCG claim be forfeited on the property sale in (1), should I hold this property at least for further 1 year so that sale of this property in 2) will not invite STCG?
Ans: (A). Let's first talk about F/Y 2023-24 :
You jointly sold a Property during the year for Rs.76.80 lakhs (64.80+10.00+2.00), & sold the same for Rs.100.00 lakhs.
You have jointly also purchased Property No.3 (I suppose it is Residential only), for Rs.140.00 lakhs.
You should avail exemption u/s-54 & file your ITR accordingly. Please disclose all details about sale & purchase in your ITR.
02. Now coming to the F/Y 2024-25 :
You intend to Sell Property No.2, which was acquired in 2023-24. Any Gain on Sale of it would be Short Term capital Gains & taxed accordingly.
Alternatively, you may hold this sale of property no.2 (for 2 years from its purchase) & avoid STCG
You are free to utilize the sale proceeds in a way you like, including paying off your housing Loan.
Please note to avail exemption u/s 54 only from investment in property no.3 & not 2.
Most welcome for any further clarifications. Thanks.

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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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