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Ulhas

Ulhas Joshi  |279 Answers  |Ask -

Mutual Fund Expert - Answered on Jan 29, 2024

With over 16 years of experience in the mutual fund industry, Ulhas Joshi has helped numerous clients choose the right funds and create wealth.
Prior to joining RankMF as CEO, he was vice president (sales) at IDBI Asset Management Ltd.
Joshi holds an MBA in marketing from Barkatullah University, Bhopal.... more
Shawn Question by Shawn on Jan 28, 2024Hindi
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Hello Ulhas ji, I am 27 yrs old with monthly salary of 32k and would like to invest in mutual funds. Currently I am investing in lumpsum White Oak fund but it is not giving sufficient returns. Please suggest where should I invest 8k monthly other than above fund. My investments will be for 6-8 yrs with 5-8% increase every year

Ans: Hi Shawn & thanks for writing to me.

As I understand it, you are currently investing for a 6 to 8 year time horizon. You can consider investing in a mix of multi asset funds & balanced advantage funds which invest across a mix of asset classes with the potential to reduce volatility.

If you share your risk appetite and other details, I may make other recommendations.
Asked on - Sep 25, 2024 | Not Answered yet
Could you please suggest me with fund names which could be better for me having above salary. How much i can gain considering 6 to 8k of investment amount for 6 to 8 years ?
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  |7097 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Asked by Anonymous - Apr 16, 2024Hindi
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Hello Sir , I have 40 lakhs lump sum with me. where as I invested 20 lakhs in mutual fund..Plz suggest me where i can invest remaining 20 lakh amount for monthly income as well future retirement planning purpose also. please guide me.
Ans: It's great to see your proactive approach to financial planning. Let's explore some options for investing your remaining 20 lakhs:

• Firstly, kudos on investing 20 lakhs in mutual funds. They offer growth potential and can play a vital role in your investment portfolio.

• For generating monthly income, consider fixed income options like bonds, fixed deposits, or debt mutual funds.
• These investments provide regular interest or dividends, offering a steady stream of income for your needs.

• To ensure future retirement planning, consider a combination of growth and income-generating investments.
• Equity mutual funds can provide long-term growth potential, while balanced funds offer a mix of equity and debt for stability.

• Additionally, explore retirement-focused investment vehicles like National Pension Scheme (NPS) or Pension Plans offered by insurance companies.
• These instruments offer tax benefits and provide a corpus for retirement income.

• Remember to diversify your investments across asset classes to mitigate risk and maximize returns.
• Consult with a Certified Financial Planner to tailor an investment strategy aligned with your financial goals and risk tolerance.

• Keep in mind that investing is a journey, and it's essential to review and adjust your portfolio regularly.
• Stay focused on your long-term financial objectives, and don't hesitate to seek professional advice when needed.

• With careful planning and disciplined investing, you can build a robust investment portfolio that supports your financial goals.
• Congratulations on taking this important step towards securing your financial future! Keep up the good work!

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Ramalingam

Ramalingam Kalirajan  |7097 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 07, 2024

Asked by Anonymous - May 02, 2024Hindi
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Hi, I'm 35 yrs I can invest 25000-50000 per month, where should i invest. I can take moderate risk, 10yrs time horizon, I invested 10lakhs in direct shares already. Investing in Mirae ELSS monthly 4000rupees Not invested in any other mutual funds. I earn monthly 1 lakh, no emi, i can save 80k per month, let me know where i can invest 25-50k monthly
Ans: It's great to see your proactive approach to investing and your willingness to explore additional investment avenues. Given your risk tolerance, time horizon, and monthly saving capacity, mutual funds can be an excellent option to diversify your portfolio and potentially enhance returns over the long term. Here's a suggested approach for your monthly investments of 25,000 to 50,000 rupees:

Increase SIP Investment:
Since you're already investing in Mirae ELSS with a monthly SIP of 4,000 rupees, consider increasing your SIP amount in this fund or adding SIPs in other mutual funds.
Diversify Across Fund Categories:
Allocate your monthly investment across different categories of mutual funds to diversify your portfolio and manage risk effectively.
Consider investing in large-cap, mid-cap, and multi-cap funds to gain exposure to different segments of the market.
Consider Systematic Investment Plans (SIPs):
SIPs offer the advantage of rupee cost averaging and disciplined investing, making them suitable for long-term wealth creation.
You can start SIPs with varying amounts in different funds based on your risk appetite and investment objectives.
Fund Selection:
Choose mutual funds with a proven track record of consistent performance, experienced fund managers, and a robust investment process.
Look for funds with low expense ratios and high-quality portfolios that align with your investment goals and risk profile.
Regular Monitoring and Review:
Keep a close eye on the performance of your mutual fund investments and regularly review your portfolio to ensure it remains aligned with your financial objectives.
Make adjustments to your investment strategy as needed based on changes in market conditions, your risk tolerance, and investment goals.
Seek Professional Advice:
Consider consulting with a financial advisor or Certified Financial Planner to develop a customized investment plan tailored to your specific needs and goals.
A professional can provide valuable insights and guidance to help you make informed investment decisions and navigate the complexities of the financial markets.
By diversifying your investments across mutual funds and adopting a disciplined approach to investing, you can potentially achieve your financial goals and build wealth over the long term. Remember to stay patient, stay focused on your long-term objectives, and avoid making impulsive investment decisions.

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Ramalingam

Ramalingam Kalirajan  |7097 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Sep 03, 2024

Asked by Anonymous - Sep 03, 2024Hindi
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I am 59 yrs old, want to invest Rs 10 lakhs in mutual funds.Pls suggest me the specific funds where I can invest to have a regular monthly income of around 25k.l also had an initial investment of around 15 lakhs in Mutual funds.
Ans: At age 59, your goal is to invest Rs. 10 lakhs in mutual funds to generate a regular monthly income of Rs. 25,000. You also have an existing investment of Rs. 15 lakhs in mutual funds. The challenge is to create a strategy that balances income generation with capital preservation.


Recommending specific mutual fund schemes in an online forum is not advisable for several reasons:

Individual Needs Vary: Every investor has unique financial goals, risk tolerance, and time horizons. A scheme suitable for one person might not be appropriate for another. Providing a specific recommendation without understanding your complete financial situation can lead to unsuitable investment choices.

Dynamic Market Conditions: The performance of mutual funds can vary based on market conditions. What might be a top-performing scheme today might not perform as well in the future. Recommending specific schemes online doesn't consider future market changes.

Need for Personalised Advice: A Certified Financial Planner (CFP) can provide advice tailored to your situation. They will consider your existing investments, income needs, and risk tolerance before suggesting specific funds. This personalized approach is more effective than generic online advice.

Importance of Income-Generating Funds
For your objective, investing in mutual funds that focus on generating regular income is crucial. These funds usually distribute dividends or allow you to set up a Systematic Withdrawal Plan (SWP) to meet your income needs.

Why Actively Managed Funds Are Better
Investing in actively managed funds through a CFP is generally preferable over index funds or direct funds. Here’s why:

Outperformance Potential: Actively managed funds aim to outperform their benchmarks. Experienced fund managers make strategic decisions based on market conditions, which can lead to better returns.

Regular Monitoring: A CFP will regularly monitor your portfolio, ensuring it remains aligned with your financial goals. They can make adjustments based on your evolving needs or market changes.

Guidance on Complex Decisions: With actively managed funds, you receive ongoing guidance. Your CFP can help you navigate market volatility, tax implications, and income strategies, which is crucial as you approach retirement.

Suitable Mutual Fund Categories for Regular Income
Hybrid Funds: These funds invest in a mix of equity and debt. The equity portion offers growth potential, while the debt portion provides stability. Hybrid funds are ideal for generating regular income with moderate risk.

Monthly Income Plans (MIPs): MIPs focus on providing regular income through a combination of fixed income and equity investments. They aim for stable returns with lower risk exposure compared to pure equity funds.

Debt Funds with Systematic Withdrawal Plans (SWPs): Debt funds invest in fixed-income securities, offering lower risk and stable returns. An SWP allows you to withdraw a fixed amount regularly, turning your investment into a source of income. This is often more tax-efficient than traditional fixed deposits.

Considerations for Your Investment Strategy
Review Your Existing Portfolio: Assess your current Rs. 15 lakh mutual fund investment. Ensure it aligns with your income goals. If necessary, consider reallocating to more income-focused funds.

Systematic Withdrawal Plan (SWP): An SWP can be set up to withdraw Rs. 25,000 per month, providing a steady income while allowing the remaining investment to grow.

Risk Management: As you approach retirement, protecting your capital is essential. Focus on funds that offer stability and moderate growth rather than high-risk options like small-cap or sectoral funds.

Tax Efficiency: Income generated from mutual funds, especially through SWP, can be tax-efficient. Long-term capital gains from equity-oriented funds and interest from debt funds are generally taxed at lower rates.

Final Insights
Investing Rs. 10 lakhs to generate a regular monthly income of Rs. 25,000 requires careful planning. While recommending specific mutual fund schemes is not suitable in an online forum, focusing on the right categories—such as hybrid funds, MIPs, and debt funds with SWP—can help achieve your goals. Reviewing your existing Rs. 15 lakh investment and possibly reallocating to more income-focused funds is also crucial.

Consulting with a Certified Financial Planner (CFP) will ensure that your investment strategy is tailored to your specific needs, taking into account your risk tolerance, income requirements, and market conditions.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

www.holisticinvestment.in

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Radheshyam

Radheshyam Zanwar  |1054 Answers  |Ask -

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Nov 21, 2024

Asked by Anonymous - Nov 21, 2024Hindi
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Hello, I am 3 yr neet dropper.in 2025 it will be my third attempt... I'm trying my best to crack neet ...i don't know what will happen will i score good marks or not ... please help me in suggesting good career options if not crack neet .....there are many options through neet marks also like bhms , veterinary...etc. i will also give entrance exam also like cuet ,gbpuat ,....but i want that what to choose which course will be best for me ...i want to make my life good and happy... having a good degree, good job ,...
Ans: Hello.
Have you analyzed your failure in 2 successive attempts in the NEET examination? If yes, then the question is what you have done for improvement and not then again the question arises why not? Here, I would like to suggest you focus now only on the NEET examination which is your 3rd attempt. Don't think about any other options right now till May 2025. After the NEET exam is over, you have ample time to explore the options available. Depending on your score in NEET 2025, we will guide you at that time. But yet, if you are confused, then looking towards your question and anxiety, you need personal counseling where you can express yourself face-to-face. Only after the NEET exam is over, you contact a counsellor for one-to-one counseling. Till then, keep mum and focus only on NEET. Take this exam as your mission and project. Work on this project, apply forces from all sides, success is there which is waiting for you eagerly.
Best of luck for your bright future.

Some tips: (1) Analyse separately Phy, Che, Bio (2) Prepare a list of hard topics (3) First focus more on the topics which are easy for you and then try to excel in hard topics (4) Appear more and more online/offline examinations (4) Prepare your short-cut file for all subjects (5) Prepare a file for each subject having only synopsis of all chapters (6) Try to solve the problems at the lightening speed and observe the period on regular basis (7) Create your time table to revise the topics on regular basis (8) Do not hesitate to ask your difficulties to your teachers, if you have joined to offline classes (9) Keep the habit of marking the answers which you know 100%. Don't guess the answers and mark them, as there is -ve marking scheme. (10) Be calm, quite, and smiling all the time to release the tension and always have a healthy chat with your friends.

If satisfied, please like and follow me.
If dissatisfied with the reply, please ask again without hesitation.
Thanks.

Radheshyam

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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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