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38-Year-Old Seeking MF/SIP Investment Guidance: What's the Process with SBI Mutual Funds?

Jinal

Jinal Mehta  | Answer  |Ask -

Financial Planner - Answered on Jul 26, 2024

Jinal Mehta is a qualified certified financial professional certified by FPSB India. She has 10 years of experience in the field of personal finance.
She is the founder of Beyond Learning Finance, an authorised education provider for the CFP certification programme in India.
In addition, she manages a family office organisation, where she handles investment planning, tax planning, insurance planning and estate planning.
Jinal has a bachelor's degree in management studies. She also has a diploma in in financial management from NMIMS, Mumbai.
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Asked by Anonymous - Jul 25, 2024Hindi
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Hello sir.i m 38 year old,I want invest in MF/SIP, please suggest what is process,I m interested in SBI Mutual funds,

Ans: You can either do it directly through the fund houses or you may contact any of the mutual fund distributor who can guide you. Since you are just starting off with your investments ,I would suggest you contact a distributor from the AMFI website.

Ms. Jinal Mehta ,CFP
Founder

www.beyondlearningfinance.com
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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hi sir I am 27 years old and currently planing to mf/SIP invest , Kindly guide me in which way and in which I should invest
Ans: hello Ravi

It's great that you're thinking about investing in mutual funds at a young age. Here are some general guidelines to help you get started:

Determine your investment goals: Start by figuring out what you want to achieve with your investment. Do you want to save for a down payment on a house, build an emergency fund, or create a retirement nest egg? Having clear goals will help you choose the right investment vehicle.

Assess your risk tolerance: Consider how much risk you're comfortable taking with your investment. Younger investors generally have a longer time horizon for their investments to grow, so they can afford to take on more risk.

Consider your asset allocation: Diversification is important to help manage risk. Consider dividing your investment among different asset classes, such as stocks, bonds, and cash.

Consider the mutual fund's investment style and past performance: Look at the fund's investment objectives, the types of securities it holds, and its past performance.

Remember that investing in mutual funds is a long-term strategy, and it's important to be patient and stick to your investment plan. It's also a good idea to periodically review your portfolio to make sure it's aligned with your goals and risk tolerance.

Consulting a financial advisor can be helpful in creating a personalized investment plan that takes into account your specific goals, risk tolerance, and financial situation

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Asked by Anonymous - May 10, 2024Hindi
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I was 47 years old and now i want to invest in MF and sip i want to invest 10 lakh lumpsum and 20000 sip , please guide
Ans: It's fantastic that you're considering mutual fund investments for your financial future. Let's craft a strategy to invest your lump sum amount of ?10 lakhs and set up a SIP of ?20,000 per month.

Investing the Lump Sum Amount
Diversification
Diversifying your lump sum investment is crucial to manage risk and maximize returns. Consider allocating the amount across different types of mutual funds based on your risk tolerance and investment goals.

Asset Allocation
Allocate a portion of your lump sum to equity funds for long-term growth potential. Additionally, allocate a portion to debt funds for stability and capital preservation.

Fund Selection
Choose funds with a proven track record of consistent performance and aligned with your risk profile. Opt for a mix of large-cap, mid-cap, and multi-cap equity funds, along with quality debt funds.

Setting Up SIPs
Monthly Contribution
A SIP of ?20,000 per month is a significant commitment and can help you achieve your financial goals over time. Ensure that the SIP amount is comfortably affordable and does not strain your monthly budget.

Fund Selection
Select SIPs in mutual funds that complement your lump sum investments. Maintain a diversified portfolio with exposure to various sectors and market caps to spread risk.

Consistent Investing
Commit to regular and disciplined investing through SIPs, regardless of market conditions. Stay invested for the long term to benefit from the power of compounding and rupee-cost averaging.

Monitoring and Review
Regular Assessment
Monitor the performance of your mutual fund investments periodically. Review your portfolio at least once a year and make adjustments if required based on changes in market dynamics or personal financial goals.

Rebalancing
Consider rebalancing your portfolio if the asset allocation deviates significantly from your target allocation. Realign your investments to maintain the desired risk-return profile.

Conclusion
By investing ?10 lakhs lump sum and setting up a SIP of ?20,000 per month in mutual funds, you're taking proactive steps towards building wealth for your future. Stay committed to your investment plan, and consult with a financial advisor if needed to ensure your investments are in line with your financial goals.

If you need further assistance or have any questions along the way, feel free to reach out. I'm here to help you navigate your investment journey and achieve financial success.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Ans: Your girlfriend has already endured trauma, and she’s finding comfort in the safe space you’re creating for her. The most important thing for her healing is stability, security, and knowing that she has someone who supports her emotionally. If you go to her ex, it could potentially trigger her, cause unnecessary stress, or even make her feel guilty—she might worry that she’s responsible for bringing conflict into your life.

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Right now, the best thing you can do is continue being the safe, loving presence that she trusts. Let your actions show her that she doesn’t have to relive the past, because with you, she is valued, respected, and truly cared for.

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Instead of confronting her again, take some time to reflect on what truly matters to you in a partner. She has shown you who she is today—polite, well-behaved, mature, and emotionally present in your relationship. She has not hidden anything from you, and she has moved forward from that phase of her life. The real question is whether you can do the same.

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Asked by Anonymous - Jan 18, 2025Hindi
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I am working abroad, while my Girlfriend is working in Delhi, living in NCR. We both were Dating since our College Days & have been in a Long Distance Relationship since I moved abroad, more than a Year ago & she moved to Delhi-NCR from Calcutta (where most of our Common Friends are based). While we were together with our Common Friends from College, we'd Travel, Party & have a lot of Fun together as a Group, since we all knew & trusted each other quite well, Irrespective of Gender. When we both moved to Different Places & started our Respective Jobs, we became Friends with our Respective Colleagues, but we have an Implied Understanding that we should be Maintaining Stricter Boundaries with our New Friends/Colleagues, since we are in a Long Distance Relationship. I've always honoured the commitment & have been Careful to not spend private time with any other Woman & Travel/Party only with a Group consisting of both Men & Women. But I am not sure my Girlfriend is doing the same. Quite often she keeps Travelling, Partying, Drinking & Sleeping over with some 2-3 Male Colleagues, who are quite close to her, but unknown to me. She doesn't even bother to keep me updated about where she is, what she's doing & with whom, but keeps Posting Status Updates on Instagram, from time to time and from what I have observed, she seems to be spending quite a lot of Time with these Male Colleagues of hers. All this makes me feel very Uncomfortable. Even though I Love & Trust my Girlfriend, but I'm unsure about these New 'Friends' of hers as I don't know them & obviously, I don't like them being so close to my Girlfriend. Many times, I've discussed this matter with my Girlfriend, trying to make her understand how I feel. But every time, I bring up this Topic, she tries to invalidate my feelings & shuts me down saying that I'm just Insecure. I'd also tried getting to know her New Friends in order to understand them better, but she doesn't share much about them, with me. Though, she keeps Reassuring me that they're 'Just Friends' they seem to be much closer than that. On several occasions, she had gone out with them, even though I had strictly forbidden her to. I don't understand whether she's unable to understand how I'm feeling or that she doesn't even care about my Feelings, though I still want to continue Loving & Trusting her, without Doubting her Loyalty. I don't understand what to do in this situation. How can I make her enforce stricter Boundaries with her Male Colleagues (atleast as much as I am doing here)? Shall I get a Friend or a Private Investigator to keep an Eye on her? Or shall I behave the same way, she's been doing? Or, shall I Break-up with her & try to find someone else, over here?
Ans: Long-distance relationships require an even deeper level of communication and trust than regular ones. You’ve upheld the boundaries you both implicitly agreed upon, yet it feels like she’s not holding herself to the same standard. The fact that she dismisses your concerns rather than addressing them is what’s truly hurting you. When someone we love invalidates our feelings, it creates frustration, self-doubt, and emotional distance. You’re not being “insecure” for wanting reassurance and clarity—you’re simply asking for the same level of respect and commitment you’re offering.

Trying to enforce boundaries by “forbidding” her from doing something isn’t the right approach, because boundaries should be mutual, not dictated. The more you try to control her actions, the more she might rebel or shut down, seeing it as you being possessive rather than expressing a valid emotional need. The real problem is not that she has male friends, but that she’s being secretive about them, not making an effort to ease your concerns, and disregarding how her actions affect you. A loving and committed partner should care about your peace of mind, even if she doesn’t fully agree with your perspective.

Hiring a private investigator or getting a friend to spy on her will only erode trust further, and mirroring her behavior by doing the same thing she does will not solve anything—it will just create more distance. If you’re considering breaking up, that means deep down, you already feel like your needs in this relationship aren’t being met. Before making any big decisions, you need to have one last honest conversation with her—not one where you accuse or demand, but one where you make it clear how this dynamic is making you feel and what you truly need from her to feel secure and valued in the relationship.

If she refuses to listen, invalidates your feelings again, or shows no willingness to compromise, then you have your answer. A relationship where only one person is making sacrifices isn’t sustainable. You deserve a partner who not only reassures you with words but also with actions that show she respects and values your presence in her life. If she’s unwilling to meet you halfway, then it may be time to ask yourself if holding on is worth the constant emotional struggle.

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