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Ramalingam

Ramalingam Kalirajan  |7026 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 12, 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
Asked by Anonymous - Mar 08, 2024Hindi
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Money

Hello Nikunj, first of all thanks for sharing your valuable inputs in this column. My age is 42 & i am currently investing in 4 funds through SIP of Rs.5000 each. UTI Nifty 50 index, Parag Parikh Flexi cap fund, ICICI Prudential Midcap 150 index fund & Quant flexi cap fund. Apart from this i have some small investments in FD's, shares & SGB's (30% each & 10% emergency fund). My plan is to invest for next 3 years through regular SIP & additionally by some more units on dips. After 3 years i will stop SIP ( as i might loose job by 45) & keep the accumulated funds as it is for next 8 years. Please share views on this, if funds are alright considering my age, duration etc. or you can suggest any additions/modifications. Also how much returns (per year) i may expect with this portfolio. Any other suggestion w.r.t. my portfolio. Thanks Again.

Ans: Your investment strategy appears well-thought-out, considering your age, investment horizon, and potential future job loss. Here are some insights and suggestions for your portfolio:

Fund Selection: Your choice of funds reflects a balanced approach, with exposure to both index funds and actively managed funds across different market caps. UTI Nifty 50 Index and ICICI Prudential Midcap 150 Index offer broad market exposure, while Parag Parikh Flexi Cap Fund and Quant Flexi Cap Fund provide flexibility and potential for alpha generation.

Duration and SIP Strategy: Your plan to continue SIPs for the next 3 years and then hold the accumulated funds for the subsequent 8 years aligns with your investment horizon and potential job uncertainty. It's wise to invest systematically and consider buying more units during market dips to benefit from cost averaging.

Portfolio Review: Periodically review your portfolio's performance and asset allocation to ensure it remains aligned with your goals and risk tolerance. Consider rebalancing if necessary to maintain the desired mix of equity, debt, and other assets.

Expected Returns: Predicting exact returns is challenging due to market volatility and various other factors. However, historically, equity investments have delivered higher returns over the long term compared to fixed-income investments. With a diversified portfolio like yours, you can aim for an average annual return of around 10-12%, though actual returns may vary.

Emergency Fund: Ensure your emergency fund is adequate to cover at least 6-12 months of living expenses. Since you anticipate a potential job loss, having a sufficient emergency fund will provide financial stability during uncertain times.

Regular Review and Monitoring: Stay informed about market developments and economic trends. Keep track of your investments' performance and make adjustments as needed to optimize your portfolio's returns and manage risks effectively.

Risk Management: While equity investments offer growth potential, they also carry higher volatility and risk. Ensure your asset allocation aligns with your risk tolerance and financial goals. Consider diversifying across asset classes to mitigate risk.

Overall, your investment approach seems reasonable, considering your circumstances. Continuously educate yourself about personal finance and investment principles to make informed decisions.

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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Ramalingam

Ramalingam Kalirajan  |7026 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 27, 2024

Asked by Anonymous - Mar 08, 2024Hindi
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Hello Kirtan, first of all thanks for sharing your valuable inputs in this column. My age is 42 & i am currently investing in 4 funds through SIP of Rs.5000 each. UTI Nifty 50 index, Parag Parikh Flexi cap fund, ICICI Prudential Midcap 150 index fund & Quant flexi cap fund. Apart from this i have some small investments in FD's, shares & SGB's (30% each & 10% emergency fund). My plan is to invest for next 3 years through regular SIP & additionally by some more units on dips. After 3 years i will stop SIP ( as i might loose job by 45) & keep the accumulated funds as it is for next 8 years. Please share views on this, if funds are alright considering my age, duration etc. or you can suggest any additions/modifications. Also how much returns (per year) i may expect with this portfolio. Any other suggestion w.r.t. my portfolio. Thanks Again.
Ans: It's great to hear that you're proactively planning your investments. Your choice of funds reflects a balanced approach across different market segments, which is commendable. UTI Nifty 50 index fund offers stability, while Parag Parikh Flexi cap fund, ICICI Prudential Midcap 150 index fund, and Quant flexi cap fund provide diversification and potential for growth.

Given your investment horizon of 3 years with regular SIPs and additional purchases during market dips, it's essential to stay vigilant and adjust your strategy as needed. Since you anticipate a job loss by 45, it's wise to build a robust emergency fund and reassess your financial situation accordingly.

Regarding expected returns, it's crucial to note that past performance is not indicative of future results. However, historically, equity investments have provided higher returns over the long term compared to fixed-income options like FDs. With a diversified portfolio like yours, you may expect returns in line with market performance, but it's essential to remain flexible and adapt to changing market conditions.

Considering your age and risk tolerance, ensure you periodically review your portfolio and make adjustments as needed. Consulting with a Certified Financial Planner can provide personalized guidance tailored to your financial goals and circumstances. Overall, your approach seems well-thought-out, but ongoing monitoring and adaptability will be key to achieving your investment objectives.

..Read more

Ramalingam

Ramalingam Kalirajan  |7026 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 12, 2024

Asked by Anonymous - Mar 08, 2024Hindi
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Money
Hello Sir, first of all thanks for sharing your valuable inputs in this column. My age is 42 & i am currently investing in 4 funds through SIP of Rs.5000 each. UTI Nifty 50 index, Parag Parikh Flexi cap fund, ICICI Prudential Midcap 150 index fund & Quant flexi cap fund. Apart from this i have some small investments in FD's, shares & SGB's (30% each & 10% emergency fund). My plan is to invest for next 3 years through regular SIP & additionally by some more units on dips. After 3 years i will stop SIP ( as i might loose job by 45) & keep the accumulated funds as it is for next 8 years. Please share views on this, if funds are alright considering my age, duration etc. or you can suggest any additions/modifications. Also how much returns (per year) i may expect with this portfolio. Any other suggestion w.r.t. my portfolio. Thanks Again.
Ans: Your investment strategy appears well-thought-out, considering your age, investment horizon, and potential future job loss. Here are some insights and suggestions for your portfolio:

Fund Selection: Your choice of funds reflects a balanced approach, with exposure to both index funds and actively managed funds across different market caps. UTI Nifty 50 Index and ICICI Prudential Midcap 150 Index offer broad market exposure, while Parag Parikh Flexi Cap Fund and Quant Flexi Cap Fund provide flexibility and potential for alpha generation.

Duration and SIP Strategy: Your plan to continue SIPs for the next 3 years and then hold the accumulated funds for the subsequent 8 years aligns with your investment horizon and potential job uncertainty. It's wise to invest systematically and consider buying more units during market dips to benefit from cost averaging.

Portfolio Review: Periodically review your portfolio's performance and asset allocation to ensure it remains aligned with your goals and risk tolerance. Consider rebalancing if necessary to maintain the desired mix of equity, debt, and other assets.

Expected Returns: Predicting exact returns is challenging due to market volatility and various other factors. However, historically, equity investments have delivered higher returns over the long term compared to fixed-income investments. With a diversified portfolio like yours, you can aim for an average annual return of around 10-12%, though actual returns may vary.

Emergency Fund: Ensure your emergency fund is adequate to cover at least 6-12 months of living expenses. Since you anticipate a potential job loss, having a sufficient emergency fund will provide financial stability during uncertain times.

Regular Review and Monitoring: Stay informed about market developments and economic trends. Keep track of your investments' performance and make adjustments as needed to optimize your portfolio's returns and manage risks effectively.

Risk Management: While equity investments offer growth potential, they also carry higher volatility and risk. Ensure your asset allocation aligns with your risk tolerance and financial goals. Consider diversifying across asset classes to mitigate risk.

Overall, your investment approach seems reasonable, considering your circumstances. Continuously educate yourself about personal finance and investment principles to make informed decisions.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

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Dr Shyam

Dr Shyam Jamalabad  |78 Answers  |Ask -

Dentist - Answered on Nov 14, 2024

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Dr. Shyam, I had my teeth cleaned 6 months ago and after that was done I saw discoloration on certain teeth that wasn't there before. Years ago I had my teeth cleaned and one particular tooth after the cleaning was sensitive to touch. I had a crown put in from two different dental offices. The first one did the crown right, but was trying to charge me $3,500 more than the agreement they made with Medicare. Medicare corrected that. I other dentist did a crown and it didn't go all the way up to my gums and is sensitive to especially cold things. I'm not having very good experiences with dentist by and large. Can't find an honest one or one that can actually do the job right. I feel being on Medicare your a target to bring in money. Not sure what to do next. Supposed to go back and have them redo the crown that didn't go to my gums, but it also was ttd place to didn't clean my teeth right and discolored some of them. Any suggestions on how to trust there is actually an capable and honest dentist out there who can perform properly?
Ans: Identifying a capable and honest dentist is crucial for your oral health and well-being. Here are some tips to help you find one:

1. Ask for referrals: Ask friends, family, or coworkers for recommendations. They can provide valuable insights into a dentist's work quality and bedside manner.

2. Check credentials: Ensure the dentist has the necessary qualifications, certifications, and licenses. You can verify this information with your state's dental board or professional organizations like the American Dental Association (ADA).

3. Check online reviews: Look up the dentist on review platforms. Pay attention to the overall rating and read the comments to understand the strengths and weaknesses. At the same time, do not rely on reviews alone as these can be manipulated, fake reviews can be easily generated.

4. Evaluate their communication style: A good dentist should listen to your concerns, explain procedures clearly, and answer questions patiently. Ensure you feel comfortable asking questions and discussing your treatment.

5. Assess their facility and equipment: A well-organized and modern dental office with up-to-date equipment is a good sign.

6. Check their approach to preventive care: A capable dentist emphasizes preventive care, including regular cleanings, exams, and education on oral hygiene.

7. Be wary of over-treatment: A honest dentist will not recommend unnecessary procedures. Be cautious if you feel pressured into extensive treatments.

8. Trust your instincts: If something feels off or you don't click with the dentist, it's okay to explore other options.

10. Schedule a consultation: Many dentists offer initial consultations or meet-and-greets. Use this opportunity to assess their approach, ask questions, and gauge your comfort level.

By following these steps, you can increase your chances of finding a capable and honest dentist who prioritizes your oral health and well-being.

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Ravi

Ravi Mittal  |416 Answers  |Ask -

Dating, Relationships Expert - Answered on Nov 14, 2024

Asked by Anonymous - Nov 03, 2024Hindi
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Relationship
Hi, I am 30 years old not married & now my parents are forcing me to get married. I think i am good looking guy. It's not like i have never been with girls. I have had brief flings with multiple girls. And there was one girl whom i was in a platonic relationship with with lot of emotional sharing & have spent a lot of time with her. The same goes with another girl. Both of them have told me that i have been pretty cool & girls would like me to be their bf or husband. But i am not able to accept anyone because of the guilt that of my past that i never had a relationship. Never been able to tell anyone that i had a gf. I know this is wrong to compare my life but i can't stop thinking that way. Can you tell me what to do? Like a contsant regret of not having a very steamy cool fancy relationship from outside. I know relationships have it's own ups & downs. But this guilt is killing me that i missed out lot of things in life & if get married in an arranged marriage i would feel myself to be a looser who couldn't even find a girl on his own. Though i know all of these comparisons are wrong & i should be rational. I am not able to help it. Please help me out
Ans: Dear Anonymous,
Whatever you are feeling, it is very normal. More people than you could imagine go through this same phase. But as you mentioned, these are just thoughts; there is no truth to them. Not having a relationship does not make you uncool. It merely means that you did not meet your perfect match yet. I understand that you feel like you have missed out on something and that feeling is valid. It might not be reasonable, but it's very natural to think this way. I can suggest one thing- why don't you try a dating or matchmaking app to find your own partner? That way, you will be keeping your parents' wishes and won't let yourself down either. It will also give you more control over choosing your life partner.

Hope this helps.

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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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