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Sanjeev

Sanjeev Govila  | Answer  |Ask -

Financial Planner - Answered on Feb 10, 2024

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
Prakash Question by Prakash on Feb 09, 2024Hindi
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Hello I have to start investment please suggest some good plan and good returns

Ans: I have no idea about your risk profile, the amount you wish to invest and your future financial goals as also your age. Following could be some useful guidelines for you:-

Emergency Fund: Set aside 3-6 months of living expenses in a high-yield savings account or liquid fund.

Debt Repayment: Pay off any high-interest debt to reduce financial liabilities.

Diversified Investment Portfolio:

1.Equity Investments: Invest in a mix of large-cap, mid-cap, and small-cap equity mutual funds or ETFs.
2.Debt Investments: Consider debt mutual funds, government bonds, corporate bonds, or fixed deposits for stable returns.
3.Gold Investment:Gold is considered a traditional safe-haven asset and a hedge against inflation and economic uncertainty.You can invest in gold exchange-traded funds (ETFs), gold mutual funds, SGBs.
4.Retirement Planning: Allocate funds to retirement-specific instruments like EPF, PPF, NPS, or retirement-focused mutual funds.

Professional Advice: Consult with a financial planner or advisor to create a customized investment plan aligned with your financial goals and risk tolerance.

Regularly review and adjust your investment portfolio to stay on track with your financial objectives and adapt to changing market conditions.
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

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Mutual Funds, Financial Planning Expert - Answered on May 18, 2024

Asked by Anonymous - Apr 21, 2024Hindi
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I want to invest monthly 10000 pls suggest
Ans: Tailored Monthly Investment Plan Recommendation

Personalized Investment Strategy Assessment

It’s commendable that you’re taking proactive steps to invest ?10,000 monthly, reflecting a commitment to building wealth over time. Let’s explore customized strategies to optimize returns and manage risk effectively within your budget.

Understanding Your Financial Goals and Risk Profile

Before diving into investment options, it's essential to understand your financial objectives, time horizon, and risk tolerance. By aligning investments with your goals, we can create a tailored plan for long-term wealth accumulation.

Balancing Risk and Return with Equity Funds

Given your investment horizon, allocating a portion of your monthly budget towards equity funds can offer growth potential over the long term. Equity funds provide exposure to stocks of companies across different market capitalizations.

Mitigating Risk through Diversification

Diversifying your portfolio across various mutual fund categories can help spread risk and enhance stability. Consider allocating funds to a mix of small-cap, mid-cap, and large-cap funds to capture growth opportunities while mitigating volatility.

Benefits of Regular Funds Investing through a Certified Financial Planner (CFP)

Investing through a Certified Financial Planner (CFP) offers several advantages, including personalized guidance, disciplined investing, and ongoing portfolio monitoring. A CFP can help navigate market fluctuations and optimize your investment strategy.

Disadvantages of Direct Funds

Direct funds require investors to conduct their own research and make investment decisions independently. However, this approach may not be suitable for all investors, especially those lacking expertise or time for thorough analysis.

Highlighting Benefits of Regular Funds Investing through MFD with CFP Credential

Investing through a Mutual Fund Distributor (MFD) with a Certified Financial Planner (CFP) credential provides access to professional guidance and comprehensive financial planning services. MFDs offer expertise in selecting suitable funds and monitoring portfolio performance.

Exploring Additional Investment Options

Consider exploring other investment avenues such as debt funds, gold ETFs, and systematic investment plans (SIPs) in mutual funds to further diversify your portfolio. Each option offers unique benefits and can complement your existing investment strategy.

Conclusion

By adhering to a disciplined investment approach and diversifying across asset classes, you can optimize returns and manage risk effectively over the long term. Regularly review your portfolio, reassess your financial goals, and seek guidance from a Certified Financial Planner (CFP) to ensure alignment with your objectives.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |7209 Answers  |Ask -

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

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Hello . Pl. Give me good plan for investment. In mutual fund.
Ans: Understanding your financial goals is crucial. You need to determine your investment horizon, risk tolerance, and future financial needs.

Benefits of Mutual Fund SIPs
Rupee Cost Averaging: SIPs allow you to invest a fixed amount regularly. This reduces the impact of market volatility.

Discipline: Investing regularly instils financial discipline. It ensures consistent saving and investing.

Affordable: SIPs can start with small amounts. This makes them accessible for all investors.

Portfolio Diversification
Large-Cap Funds: These funds invest in well-established companies. They provide stability and moderate growth.

Mid-Cap Funds: Mid-cap funds invest in medium-sized companies. They offer higher growth potential with moderate risk.

Small-Cap Funds: These funds invest in smaller companies. They are high-risk but can offer high returns.

Aggressive Hybrid Funds: These funds balance equity and debt. They provide growth and reduce risk.

Avoid Index Funds
Actively Managed Funds: Actively managed funds can outperform index funds. Fund managers make strategic decisions to maximise returns.

Adaptive Strategy: Actively managed funds adapt to market changes. This flexibility can lead to better performance.

Consider Direct vs. Regular Funds
Disadvantages of Direct Funds:

Lack of Guidance: Direct funds do not provide expert advice. You may miss out on strategic insights.

Better Service: Investing through a Certified Financial Planner (CFP) ensures regular reviews and professional guidance.

Investment Strategy
1. Set Clear Goals:

Define your short-term and long-term financial goals.

Determine the amount needed and the timeline.

2. Start SIPs in Diversified Funds:

Allocate funds across large-cap, mid-cap, small-cap, and aggressive hybrid funds.

Ensure a balanced mix to optimise growth and manage risk.

3. Regular Review:

Review your portfolio every six months.

Adjust your investments based on performance and market conditions.

4. Emergency Fund:

Keep an emergency fund for unexpected expenses. This prevents dipping into your investments.
5. Tax Planning:

Invest in tax-saving mutual funds to reduce your tax liability.
Additional Strategies
Professional Guidance: Consult a Certified Financial Planner for personalised advice. They help tailor your investments to your financial goals.

Long-Term Perspective: Focus on long-term growth. Avoid making impulsive decisions based on short-term market fluctuations.

Discipline and Patience: Stick to your investment plan. Regular investing and patience are key to achieving your financial goals.

Final Insights
Investing in mutual funds through SIPs is a smart strategy. It provides disciplined investing, reduces risk, and ensures consistent growth. Diversify your portfolio across different fund categories and seek professional guidance for optimal results.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Latest Questions
Dr Anshuman

Dr Anshuman Manaswi  |6 Answers  |Ask -

Plastic-Aesthetic Surgeon, Emergency Care Consultant - Answered on Dec 05, 2024

Asked by Anonymous - Dec 05, 2024Hindi
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Dear Doctor, I work as a corporate lawyer in Delhi. I’ve been considering undergoing a cosmetic procedure for my skin for some time now, but I’m feeling a bit overwhelmed by the number of surgeons available. I want to ensure that I choose someone who is experienced, as this is a big decision for me. Could you advise what I should look for when selecting a plastic-aesthetic surgeon? Are there any specific red flags I should be aware of when researching potential surgeons? I want to make sure I’m in safe hands. I’m 40 years old.
Ans: This is a beautiful question.
Before I dwell on your question, there are a few points which are very important for the patient to know.
1. You should roughly know what result you wish to have.
2. Never think of a perfect result. There is no such result.
3. You must think in terms of improvement and if you are sble to achieve more than 90% approx, it can be considred good.
4. Dont compare your results with any celebrity's result. There body structure is different, they have probably taken better care till now and importantly, the result you see on a public platform is after make up and not the real result. Some times it may be a photoshopped image
5. Let your doctor know if you have any medical history and addictions.
6. Don't go with pre concieved notion (especially if you have researched a lot online). Discuss with the doctor, listen to his/ her views and raise your concerns if any
7. Try and see some results of the doctors work (Remember, too good a result may not be the true result). Realistic result is what you should want to look at and believe.
8. Don't fall for less budget! its obvious a meticulous job needs more surgical time. This means that the doctor may charge more. Seniority also adds to the cost.
What I mean, there is a price to be paid for a good job.(whether medical or anywhere).
Now coming to the Plastic surgeon's choice.
1. Research well, but dont fall prey to only advertisement. Small and big centers, both advertise,
2. Dont fall for glamour. You are going to a surgeon. A plastic surgeon's clinic is clean but not lavish generally. At least I believe that the person coming is not a client, but a patient. A patient - Doctor relationship is more pure than a client-Professional relationship.
3. Talk and discuss with the doctor. A too busy doctor may not always be the best doctor for you. Plastic surgery is about thinking, planning and execution. A doctor who thinks aloud about your problem ( especially if ut us face, nose, breast etc) is applying his/ her knowledge for your betterment, because every oerson is different.
4. Check the resilts? Look for genuinity.
5. Be wary of arrogant, loud and boisterous people. There is a difference between confidence and fambloyence.
6. Doctors who are attached to reputed hospitals are generally good in their work.
7. A doctor who can talk about probable complications is also a doctor worth trusting.
I hope I am able to do justice to this difficult question. All the best. You can write again if you need any other clarifications.
Dr. Anshuman Manaswi

...Read more

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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