Home > Money > Question

Sign In | Create an account

Language:

Now in हिन्दी too

Need Expert Advice?Our Gurus Can Help

Ramalingam Kalirajan |8104 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 15, 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 - Apr 13, 2024Hindi

Money

Hello sir can you suggest good option in swp to generate monthly income of 50k atleast in 15 years from now via sip

Ans: o generate a monthly income of 50k in 15 years through SWP (Systematic Withdrawal Plan), you'll need to build a sizable corpus. Here's a suggested approach:

Investment Strategy:

Start a SIP (Systematic Investment Plan) in equity mutual funds with a moderate to high-risk profile to build your corpus over 15 years.
As you near your goal, gradually shift a portion of your investments to debt funds or balanced funds to reduce volatility.
Corpus Calculation:

Using an average annual return of 10% (considering the market's historical average), you would need a corpus of approximately 1.6 crores to generate 50k per month through SWP.
SWP Selection:

Opt for SWP from balanced funds, debt funds, or a mix of both based on your risk appetite.
Ensure the SWP amount is not more than the fund's average returns to avoid depleting your corpus.
Tax Implications:

Remember that SWP from equity funds held for less than 3 years attracts short-term capital gains tax. Funds held for more than 3 years are taxed at 10% without indexation.
SWP from debt funds held for less than 3 years is added to your income and taxed as per your income tax slab. After 3 years, it's taxed at 20% with indexation.
Regular Monitoring:

Periodically review your SWP strategy and make adjustments based on market conditions, fund performance, and your financial needs.
Emergency Fund:

Maintain a separate emergency fund to cover 6-12 months of expenses to avoid premature withdrawals from your investment.
Remember, the above strategy is a general guideline. It's crucial to consult with a financial advisor to tailor the plan according to your financial situation, goals, and risk tolerance.

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.

MoneyReply

You may like to see similar questions and answers below

Ramalingam Kalirajan |8104 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 11, 2024

Asked by Anonymous - Apr 12, 2024Hindi

Money

Hello sir.. I am 37 years old. Dont have any investiments as of now.. I can invest 15k per month for long term. Please suggest me some SIP OPTIONS Which suits for me

Ans: It's great that you're considering investing for the long term at 37. SIPs (Systematic Investment Plans) are an excellent way to start building wealth gradually. Here are some suggestions for SIP options that could suit you:

Diversified Equity Funds: Opt for SIPs in diversified equity funds that invest across various sectors and market capitalizations. These funds offer growth potential over the long term while spreading risk across different segments of the market.

Large Cap Funds: Consider investing in large-cap funds, which primarily focus on well-established companies with a track record of stable performance. These funds offer relatively lower risk compared to mid and small-cap funds while still providing opportunities for growth.

Multi-Cap Funds: Multi-cap funds invest in companies across the market capitalization spectrum, offering a balance of growth and stability. These funds adapt to changing market conditions, making them suitable for long-term investors seeking diversification.

Balanced Funds: If you prefer a balanced approach, consider SIPs in balanced funds, which invest in both equities and debt instruments. These funds offer a mix of capital appreciation and income generation, making them suitable for conservative investors.

Sectoral Funds (Optional): If you have a strong conviction about a specific sector's growth potential, you may consider SIPs in sectoral funds. However, keep in mind that sectoral funds carry higher risk due to their concentrated exposure.

When selecting SIP options, consider factors such as your risk tolerance, investment goals, and investment horizon. Additionally, review the fund's track record, fund manager's expertise, and expense ratio before making a decision.

Remember, consistency and patience are key when investing through SIPs. Stay committed to your investment plan, and over time, you can potentially build a significant corpus for your future financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Ramalingam Kalirajan |8104 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Feb 13, 2025

Asked by Anonymous - Feb 13, 2025Hindi

Money

I am ready to invest Rs 2 to 3 lakhs every year. Please suggest the right SIPs and schemes that can help me earn Rs 5 lakh additional income every year.

Ans: You want to invest Rs 2 to 3 lakh every year and generate an additional Rs 5 lakh yearly income.

This requires a strong investment strategy. The right SIP plan will help you build a sustainable income.

Investment Approach for High Returns
Equity mutual funds are the best option for long-term wealth creation.

Actively managed funds can outperform index funds in the long run.

Diversified investment across large-cap, mid-cap, and small-cap funds is essential.

Avoid direct funds and choose regular funds through an MFD with CFP credentials.

Understanding Return Expectations
The expected long-term return from equity mutual funds is 12% to 15% annually.

To earn Rs 5 lakh yearly, your corpus must be large enough.

You need a disciplined SIP strategy for 10+ years to achieve this.

Asset Allocation Strategy
Equity Exposure: Allocate 80% to 90% in equity funds for high growth.

Debt Exposure: Keep 10% to 20% in debt funds for stability.

Rebalance investments based on market conditions.

Selecting the Right SIPs
Invest in a mix of large-cap, flexi-cap, mid-cap, and small-cap funds.

Large-cap funds provide stability during market fluctuations.

Mid-cap and small-cap funds offer high growth potential.

A small portion in balanced advantage funds adds stability.

Tax Considerations
Long-term capital gains (LTCG) above Rs 1.25 lakh are taxed at 12.5%.

Short-term capital gains (STCG) are taxed at 20%.

Equity investments should be held for more than a year to reduce tax burden.

How to Withdraw Rs 5 Lakh Per Year
Once you build a sufficient corpus, use Systematic Withdrawal Plan (SWP).

SWP ensures steady cash flow while keeping investments intact.

Proper fund selection reduces tax liability on withdrawals.

Finally
Start SIPs in actively managed equity funds for the best returns.

Choose regular funds through an MFD with CFP credentials for guidance.

Stick to a long-term investment strategy for sustainable wealth.

A Certified Financial Planner can help optimize your portfolio for income generation.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

https://www.youtube.com/@HolisticInvestment

Latest Questions

Anu Krishna |1557 Answers |Ask -Follow

Relationships Expert, Mind Coach - Answered on Mar 17, 2025

Question by Natasha - Mar 06, 2025Hindi

Relationship

My age is 25 years and my boyfriend age is 29 years. I have boyfriend and we are dating for around 2 years, we are thinking about marriage. My family members love him and his family members love me. But the situation is like this that, my elder sister is getting divorce so it will take time atleast 4 years. But we can't wait for 4 years because my boyfriend is from gujarat. So in Gujarat, families dont wait for long but in my case my boyfriend and his family members waited for 2 years. Because my family members are saying when my elder sister will get married then after my marriage will come. and my family members are brain washing me and my boyfriend saying that first elder sister should get married if it takes times 6 years still u have to wait. My family members are pressurizing me alot. Infact I discuss and my boyfriend discuss with my family members about the situation but my family is not understanding and they are just pressurizing me alot and making my life hell. Even my elder sister is saying to me that my colleagues are not getting married why u have to get married soon. But my point is that I m not kid I m 25 years old and because of her I m suffering alot because if she cant get married I cant get married this wrong. And because of taht me and boyfriend are arguing alot in this. Like If i waited for my elder sister divorce plus her marriage it will take around 4 years. But I dont think so this is right because of my elder sister I m facing issues and thats wrong. Because i dont know whether after divorce she will get married or not. So because of her I m suffering alot. And the divorce procedure will take 4 - 6 years. Because we dont know that how much time will it take for my elder sisters divorce because she is not doing normal one she has cased a file against jiju so thats why it huge procedure. So that's why we think that we will do court marriage in next month. We both have a support from his family members. His family members are saying that do court marriage without knowing any ones relatives and once your family agrees within this year then its fine but if not then you come here next year and we will do marriage for both of you. So this is right?

Ans: Dear Anonymous,
You need to make a decision for yourself after looking at all the pros and cons. How are you going to be able to handle your parents once you make the decision to go ahead with the marriage?
Also, on your part, you are right in asking, how long do you need to wait?
Before making a decision, always think far ahead as to how your environment will react and how you are going to handle all of it.

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

Anu Krishna |1557 Answers |Ask -Follow

Relationships Expert, Mind Coach - Answered on Mar 17, 2025

Asked by Anonymous - Mar 09, 2025Hindi

Relationship

Hi Mam, My parents are not agreeing for the marriage with my boyfriend cause it's an interfaith relation. I tried convincing them but they keep on saying foul words to me, saying that they would kill themselves if I don't leave him. I had seen my family from childhood and I don't want to be in a similar situation as they are, my mother had a relationship with someone else after marriage, my sister is not the biological child of my father, I am aware of all those but I haven't blamed them for that cause I felt if that's what is making them happy let them be, I haven't even confronted them. Now they say all the good stuff that me and your father were very great to each other you should learn those things and all. I am struck in a situation now. I have a job and my boyfriend also has one, could you please suggest.

Ans: Dear Anonymous,
Judging your parents and their choices is not going to anyway help you in your context. So, why even go there?
Instead focus on your situation and how you can make things happen for yourself.
- Are you financially independent and will you be able to manage the discomfort that will emerge once you choose to be on your own?
- Will your boyfriend support your decision and will he stand by you when you go against your family?
- What does his side of the family have to say about all of this?
If you notice the questions above, none of them are set to 'convince' your family. It is almost impossible to convince someone who does not want to be convinced. These questions will give you an idea and enable to handle your situation by stepping up for yourself.

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

Prof Suvasish Mukhopadhyay |523 Answers |Ask -Follow

Career Counsellor - Answered on Mar 17, 2025

Asked by Anonymous - Mar 15, 2025Hindi

Career

I have a 2-year gap after college(B.E) since I was preparing for government exams. I still want to land a job in it, but the gap is widening, and I don't want to push it any further. Meanwhile, I have gained UI/UX skills and am preparing my portfolio. What other software skills do I acquire to enter the work force, like Cybersecurity and Data Analyst Courses? Will I still have a chance to be hired? Honestly, the gap has started to scare me(rightly so)... Any advice and suggestions will be of huge help.

Ans: Gap matters little if your knowledge is updated.Have certification course of AI and ML.Best of luck.Professor.........:)

Prof Suvasish Mukhopadhyay |523 Answers |Ask -Follow

Career Counsellor - Answered on Mar 17, 2025

Asked by Anonymous - Mar 17, 2025Hindi

Career

My daughter scire 99.2 jee mains session 1 2025 general category which nit she get cse

Ans: I think in all middle and low ranked NITs.Even she may get in few top ranking NITs also.Best of luck.Professor

Milind Vadjikar |1113 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Mar 17, 2025

Question by Sasanka - Mar 15, 2025Hindi

Money

Dear Sir, I am 52 now, I have accumulated 19L in SIP of Rs.42000 p/m, 14L in PPF. I have withdrawn Rs. 12L from EPF for investing in a property of 45 L with a bank loan of 35 L which would invite an EMI of 32000 for next 18yrs. Due to this I might have to stop some SIPs (around 25000/0) in the first year to manage the first year EMI. However, I plan to increase the SIP by Rs. 6000 year after year. My present flat if sold off might fetch me around 25L if in need. If rented, I would get around 10000 p/m. I think of keeping both the flats. My daughter is doing her B.Sc right now, this is for info. My question, if the decision for purchase of new flat have been wise? At end of my pvt. co. service after 8 yrs. should I pay off the total principal at once or try to continue the EMI for next 10 yrs.? What do you think my financial condition be at time of retirement? Thank you. Kindly respond.

Ans: Hello;

Based on the given information, my view is your decision to purchase new flat is not correct from fiscal prudence standpoint.

It is preferable that you close all outstanding loans before getting into retirement.

Based on given information, you may have a corpus of around 1 Cr+, 8 years from now plus two flats.

Best wishes;

Milind Vadjikar |1113 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Mar 17, 2025

Question by S - Mar 17, 2025Hindi

Money

Sir need clarification regarding 1.i have done Reliance health infinity insurance for 15 lacks .date of inception is 11-6-2020 PEDs not disclosed ( DM,Hypothyroidism)( done by agent not verified me at that time) 2. Did Reliance Super top up policy after 11-7-2022 online by Reliance agent during this i disclosed that PEDs (DM,Hypothyroidism) and at that time specifically mentioned to online agent regarding PEDs and also told him to PEDs not mentioned in base policy please correct it. I never utilised insurance policy for any claims. During 23-4-24 i diagnosed to have Acute Myeloid Leukemia for which i applied for cashless admission for Reliance health infinity insurance ( base policy) They simply rejected on the basis of PEDs not disclosed. And told that your policy is canceled. But i kept a letter to company stating that in base policy PEDs not disclosed, but in super top up policy i mentioned Again the base policy renewal done after expiry by company online. Later also i went for cashless admission again they rejected claim for base policy. My question is why they did renewal of that base policy inspite of first rejection. And for super top up policy it can be claimed after spending 15 lacks i applied for cashless, they processed it and told to come for reimbursement claim After discharge i applied for reimbursement claim they simply replied that your PEDs not told correct duration since how many days. So we are rejecting this policy also For this what should i do, please Ag

Ans: Hello;

In any insurance adequate disclosure is essential to get a thorough underwriting check and risk acceptance.

Once insurance company agrees to insure with the disclosures then chances of claim rejection are remote.

You may escalate the matter with Compliance Officer of the insurance company, insurance ombudsman or IRDAI for an amicable settlement, if possible.

You may also check with organisations such as "beshak.org" for any possible help in the matter.

Best wishes;

Radheshyam Zanwar |1437 Answers |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Mar 17, 2025

Question by Nandini - Mar 17, 2025Hindi

Career

Can I get into top iiit ECE with 91.23 percentile, category OBC

Ans: Hello Dear
There is a strong chance to get a seat in IIITs. Best of luck to your upcoming future.
Follow me if you like the reply.
Thanks
Radheshyam

Ramalingam Kalirajan |8104 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Mar 17, 2025

Question by Yazdi - Mar 16, 2025Hindi

Money

NAV in my account statement is 42.6 while in reality NAV is 36.703

Ans: There are a few reasons why the NAV in your account statement (Rs. 42.6) differs from the actual NAV (Rs. 36.703). Here are the possible explanations:

Possible Reasons for the Difference
1. Growth vs. Dividend Option
Your account statement might show a growth plan NAV.

The real NAV you checked could be of the dividend option.

Growth plans have higher NAVs as profits are reinvested.

2. Regular vs. Direct Plan
Regular plans have higher NAVs due to distributor commissions.

Direct plans have lower NAVs as they have no commission costs.

Check whether you are comparing the same plan type.

3. NAV on Different Dates
NAV changes daily based on market performance.

Your account statement might reflect an older NAV.

Check if you are comparing NAVs of the same date.

4. Fund Merger or Restructuring
Some funds merge with others over time.

This leads to recalculated NAVs.

Check if your fund has undergone any restructuring.

What Should You Do?
Compare the NAV of the exact same plan type and option.

Check the latest NAV on the AMC website.

Contact the mutual fund house or registrar (CAMS/Karvy).

Ensure you are looking at the latest statement.

If the issue persists, contact customer support to verify.

Let me know if you need further clarification.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

Samraat Jadhav |2225 Answers |Ask -Follow

Stock Market Expert - Answered on Mar 17, 2025

Question by Global - Mar 14, 2025Hindi

Money

How to claim the lost share certificate and the investment stuck worth 50 Lacs.. Pls suggest.

Ans: To claim a lost share certificate in India, follow these steps:

Inform the Company: Notify the company or its Registrar and Transfer Agent (RTA) about the loss of the share certificate. Provide details like your name, folio number, and share certificate number.

File an FIR: Lodge a First Information Report (FIR) with the police, detailing the loss of the share certificate. This is a crucial step to document the incident officially.

Submit an Indemnity Bond: Prepare and submit an indemnity bond to the company, confirming your ownership of the shares and indemnifying the company against any claims.

Provide Supporting Documents: Along with the indemnity bond, submit other required documents such as a copy of the FIR, proof of identity, and address.

Freeze Share Transfers: The company will freeze the transfer of the lost shares for a specific period (usually 30 days) to prevent fraudulent activities.

Duplicate Certificate Issuance: After verifying your claim, the company will issue a duplicate share certificate.

Samraat Jadhav |2225 Answers |Ask -Follow

Stock Market Expert - Answered on Mar 17, 2025

Question by jitendra - Mar 14, 2025Hindi

Money

ON MARCH 14TH 2025 WHY MOTILAL MID CAP IS FALLING, mirae asset nifty mid cap 150 etf nav is falling on march 14th 2025

Ans: mutual fund NAV is directly proportional to markets, so if midcap stocks fall the NAV will also fall.

See more questions »

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.

Video Reply
Audio Reply

WhatsApp
Facebook
Twitter
Copy link

Delete

Close

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus

Sign up

email

uname

mobile no

Country Code

Mobile number

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

LOGIN

x