Hello Sir. I am investing via SIP in Parag Parikh Flexi Cap Fund (15k), PGIM Flexi Cap (5k), UTI Nifty50 (10k), Kotak Emerging Equity (5k), Motilal oswal Midcap (6k), Tata Small Cap (4k) all in Direct growth. Please review my funds.

Ans: It’s a good sign that you’re thinking before buying a car. You’re not rushing into it. That shows maturity and smart thinking.

We will now evaluate own money vs vehicle loan — from every angle.

 

Understanding the Nature of a Car Purchase
A car is not an investment.

 

It is a consumption asset, not a growth asset.

 

It depreciates every year. Its value goes down, not up.

 

So the cheaper the total cost, the better for your wealth.

 

Option 1: Use Own Money Fully
Pros

No interest cost. You save on total expenses.

 

You are free from monthly EMI pressure.

 

Car becomes fully yours from day one.

 

No need to deal with bank, forms, hypothecation etc.

 

Cons

Your liquid money reduces.

 

You may not have enough cash for emergencies.

 

Opportunity loss if you had invested that money.

 

Option 2: Take Vehicle Loan & Keep Own Money in FDR or Liquid Mutual Fund
Let’s evaluate this with care.

Vehicle Loan Pros

You can preserve your savings for emergencies.

 

EMI can be budgeted monthly, if income is stable.

 

Some banks offer competitive interest rates.

 

Vehicle Loan Cons

You will pay interest on a depreciating item.

 

Loan adds to your monthly obligations.

 

You must pay insurance, EMI, fuel, and service together.

 

FDR and Liquid Mutual Funds give lower returns than loan cost.

 

So you will likely lose more in interest than you gain.

 

Let's Compare: Interest Rate vs Investment Return
Vehicle loan interest is usually 9% to 11% per year.

 

FDR gives around 6% to 7% before tax.

 

Liquid mutual funds give 6% to 7.5% on average.

 

So you pay more to the bank than you earn from investment.

 

Tax on interest or gains reduces actual return further.

 

This means taking a car loan and investing your own money leads to net loss.

 

Best Option for You: Smart Compromise Approach
Let me share a wise solution.

 

Don’t use full own money. Don’t take full loan either.

 

Instead, pay 70–80% from own funds.

 

Take a small car loan for the remaining 20–30% only.

 

This keeps EMI low and retains some liquidity.

 

You reduce interest cost and also keep Rs.50,000–Rs.1 lakh aside.

 

Park that in liquid fund for any urgent need.

 

Repay this small loan fast in 1–2 years.

 

Only Take a Car Loan If:
Your job income is stable.

 

You already have 3–6 months emergency fund ready.

 

You don’t have big loans running now.

 

You can pay EMI without affecting savings.

 

You commit to close the loan early.

 

Avoid This Mistake:
Never buy a more expensive car because loan makes it “feel affordable.”

 

Loan should not expand your car budget.

 

Whether you buy with loan or cash, pick a simple car within limits.

 

i10 is a wise, middle-ground choice. Good thought.

 

Tax Angle (If Business Use)
If you are using the car for business, vehicle loan interest may be tax-deductible.

 

But for personal use, there is no tax benefit.

 

So do not take loan just for imagined tax saving.

 

Final Insights
A car is a need, not an investment.

 

Using your own money fully keeps things simple and cheap.

 

Taking a full car loan and investing the money gives net negative return.

 

Best option is a split approach — pay major part from own funds.

 

Take small loan only if needed and close it early.

 

Always keep emergency money aside before buying.

 

Avoid emotional buying or overbudget cars.

 

Your financially balanced approach is very appreciable.

 

Best Regards,
 
K. Ramalingam, MBA, CFP,
 
Chief Financial Planner,
 
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

Ans: RTA - KFintech , please connect them on this link https://www.kfintech.com/contact-us/ or your broker

Ans: Independent Directorship does not have direct connection with Academics. Unless you plan to be a consultant and be a director in some of the companies.

Ans: It will not. A lot of students take a gap during that time for NEET and IIT preparation

Ans: Dear Kanak,
Convince nahin balki apne papa ko yeh ehsaas dilaane ki koshish karo ki is ladke mein tumhe kaunse gun nazar aate hain jise tum pyaar karne lagi.
You can't convince him but you can definitely try and make him experience your point o =f view.

All the best!
Dear Prasad,
Moms will be Moms after all! Instead of being annoyed at her insistence on you following a particular Guru, why don't the two of you get a feeler of each others' lives? She has no clue how her next generation is living and you obviously can't fathom hers. Make her a part of you little outings when you can just for her to get a feel that you are taking a break from work by doing the things that I do. On your part, why don't you hear from her on what she has learned from her Guru...this will satisfy her that she may not insist on what you must and must not do...

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

Ans: Dear Prasad,
Moms will be Moms after all! Instead of being annoyed at her insistence on you following a particular Guru, why don't the two of you get a feeler of each others' lives? She has no clue how her next generation is living and you obviously can't fathom hers. Make her a part of you little outings when you can just for her to get a feel that you are taking a break from work by doing the things that I do. On your part, why don't you hear from her on what she has learned from her Guru...this will satisfy her that she may not insist on what you must and must not do...

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

Ans: Dear Anonymous,
Okay, clearly your husband is behaving like a child in an adult's body! What he is doing isn't agreed upon mutually by the two of you, right? Then please make sure to tell him that this is not something that you like or appreciate. To bring out the marriage into public without asking your permission is a breach of trust and that's what you could possibly be feeling. Be assertive about how you are feeling and tell him what exactly you would want him to do with the channel.
If you still feel unheard, kindly take this to a third party who can talk some sense into him. And oh, DO NOT give him consent even to shoot videos that have you in it.

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

Ans: Dear Anonymous,
Well of course, you are upset and rightly so. A marriage is about honesty and being transparent about major decisions like these. Something has caused her to isolate you from this project of hers. It's definitely a huge communication gap between the two of you that has caused her to make major decisions. Talk to her, listen...convert your upset into setting things back together.

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

Ans: Choosing between college and preparing for the National Defence Academy (NDA) can be challenging. Focusing solely on NDA can increase success, but it may lead to losing an academic year if not cleared. Continuing college while preparing for NDA offers a backup option and balances career prospects, but it can be stressful and time-consuming. Starting both simultaneously can be beneficial, but choosing a college with flexible schedules or distance learning can allow more time for NDA preparation. Prioritizing NDA without giving up on academics is crucial. If determined, focusing solely on NDA preparation may be worthwhile, but starting college while preparing is a safer option. All the best for your bright future!

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