I am holding Patanjali 290@1200, pls advise can I add more

Ans: yes interesting story. HOLD it for sometime

Ans: hold it for atleast 5yrs

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Ans: Degrowth in Revenue and Profit
Decline in Quarterly Net Profit (YoY)
EXIT

Disclaimer: Investments in securities are subject to market RISKS. Read all the related documents carefully before investing. Please consult your appointed/paid financial adviser before taking any decision. The securities quoted are for illustration only and are not recommendatory. Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Ans: Planning for retirement is a crucial financial goal, and it's commendable that you've started investing through SIPs to achieve it. Let's assess your current situation and determine if your investment corpus is sufficient to meet your retirement goal of 10 crores by the age of 60:
1. Current SIP Contributions: With a SIP contribution of 50,000 rupees per month since April 2022 and an increase to 75,000 rupees per month from April 2023 onwards, you've demonstrated a commitment to saving for retirement. These regular contributions, combined with the increase in SIP amounts over time, will help boost your investment corpus steadily.
2. Current Corpus: As of now, your approximate corpus stands at 25 lakhs. While this is a significant achievement, it's essential to consider whether this corpus, along with your ongoing SIP contributions, will be sufficient to reach your retirement goal of 10 crores by the age of 60.
3. Investment Growth Rate: The growth rate of your investments plays a crucial role in determining whether your corpus will grow sufficiently to meet your retirement target. While historical data suggests that equity investments have delivered average annual returns of around 12% to 15% over the long term, it's essential to be realistic and conservative in your growth rate assumptions.
4. Time Horizon: With a retirement age of 60, you have approximately 12 years left to accumulate your desired corpus. Considering the power of compounding over time, your ongoing SIP contributions have the potential to grow substantially by the time you reach retirement age.
Based on the information provided, it's challenging to determine definitively whether your current investment corpus and SIP contributions will be sufficient to achieve your retirement goal of 10 crores. However, here are some considerations:
• Evaluate Growth Rate: Review the historical performance of your investment portfolio and assess whether it has been in line with your growth rate expectations. If necessary, consider adjusting your asset allocation or investment strategy to potentially enhance returns while managing risk.
• Regular Review: Periodically review your investment portfolio, reassess your retirement goals, and make adjustments as needed. Consider consulting with a Certified Financial Planner (CFP) or financial advisor to conduct a comprehensive analysis of your financial situation and retirement plan.
• Additional Contributions: If you find that your current SIP contributions may not be sufficient to meet your retirement goal, consider increasing your SIP amounts further or exploring additional avenues for investment.
Ultimately, achieving your retirement goal of 10 crores requires careful planning, disciplined saving, and prudent investing. By staying focused on your objectives, regularly monitoring your progress, and seeking professional advice when needed, you can work towards securing a financially comfortable retirement.