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Kirtan

Kirtan A Shah  | Answer  |Ask -

MF Expert, Financial Planner - Answered on Nov 01, 2023

Kirtan A Shah is a certified financial planner and managing director, private wealth, at Credence Family Office.
He is also a Certified International Wealth Manager and Financial Engineering and Risk Manager.
Shah is the co-author of Financial Service Management and Financial Market Operations, which are used as reference books for Mumbai University.
He is frequently seen on CNBC, Zee Business, ET NOW & BQ Prime as an expert guest.... more
Suryakant Question by Suryakant on Oct 10, 2023Hindi
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Money

How to remove a MF script from my portfolio?

Ans: Not sure of what you are asking sorry
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  |7271 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Oct 29, 2024

Asked by Anonymous - Oct 29, 2024Hindi
Money
To creat portfolio of holdings of mf
Ans: Creating a solid mutual fund portfolio needs careful planning. Below, I’ll outline the recommended types of funds and investment approaches tailored to different financial needs. Each type has its unique role in achieving a well-rounded portfolio.

Growth-Oriented Equity Funds
Equity mutual funds offer growth potential. They suit investors with long-term goals.

For long-term growth, equity funds may beat inflation. This helps you build wealth over time.

Actively managed funds, led by experienced managers, can adapt to market shifts. They may yield better returns than passive index funds.

Choosing actively managed funds can provide a tailored approach, aligning with changing market dynamics.

Balanced Hybrid Funds
Hybrid funds balance growth and stability by combining equity and debt.

They can serve medium-risk investors seeking moderate returns with reduced volatility.

Hybrid funds allow investors to grow their corpus while mitigating risks. They are ideal for those new to the market or close to retirement.

Actively managed hybrid funds provide dynamic asset allocation, based on market changes. This flexibility can be advantageous.

Pure Debt Funds for Stability
Debt funds suit conservative investors or those nearing retirement. They offer stable returns with less risk.

These funds invest in government bonds, corporate bonds, and fixed-income securities.

Debt funds are taxed as per your income tax slab rate, affecting post-tax returns. Equity funds might offer better tax efficiency over time.

Opt for debt funds with consistent performance history and quality credit ratings.

Tax-Saving ELSS Funds
Equity-Linked Savings Schemes (ELSS) are popular for tax savings and growth.

They come with a lock-in period of three years, offering tax benefits under Section 80C.

ELSS funds balance tax savings with potential long-term growth. They suit those looking to build wealth while saving tax.

Actively managed ELSS funds may deliver better returns than passive options. Managers’ expertise can maximize value despite the lock-in period.

SIP-Based Investment Strategy
Systematic Investment Plans (SIPs) encourage disciplined investing with minimal market timing.

SIPs spread your investment across market cycles, lowering overall risk. They allow investors to average out returns in volatile markets.

SIPs suit long-term goals like retirement and children’s education. They’re a preferred approach for consistent wealth accumulation.

Regular Funds vs. Direct Funds
Direct funds save on distributor fees but may not suit everyone. They need active management and market knowledge.

Investing in regular funds through a Certified Financial Planner offers expertise and guidance. An MFD or CFP advisor tailors investments to your goals and risk profile.

Regular funds offer personalized support for rebalancing and tax planning, benefiting investors with limited time or expertise.

A professional can guide you through market complexities. Their insight can optimize returns with minimal hassle.

Avoiding Index Funds
Index funds mirror the market but lack active management. They might underperform in a down market.

Actively managed funds can adjust based on economic shifts, unlike index funds. This flexibility can maximize gains over time.

With index funds, you risk “following the herd,” limiting gains. Managers of active funds can identify opportunities or manage risks better.

For growth-focused investors, actively managed funds offer a stronger alternative to passive indexing.

Portfolio Rebalancing and Risk Management
Rebalancing is essential for maintaining an ideal asset mix based on your age, risk tolerance, and goals.

Without rebalancing, portfolios can become too risky or conservative over time.

Regular reviews and adjustments through a Certified Financial Planner help keep your portfolio aligned with your objectives.

A Certified Financial Planner’s insights ensure you’re maximizing returns without taking on unnecessary risk.

Mutual Fund Capital Gains Taxation
Understanding tax on mutual funds helps optimize returns and manage liabilities.

Equity funds incur 12.5% LTCG tax above Rs 1.25 lakh and 20% STCG tax.

Debt funds are taxed as per your income tax slab. This influences post-tax returns, especially for high-tax bracket investors.

Taxation strategies can be planned with a Certified Financial Planner to balance returns and tax efficiency.

Emergency Fund and Liquidity
Emergency funds ensure financial stability during unexpected times. This prevents the need to sell investments prematurely.

A portion of your mutual fund investment should be easily accessible. Debt funds or liquid funds serve this purpose well.

These funds can be liquidated without much hassle, ensuring quick access to cash when needed.

Keeping liquidity in mind is key for a well-rounded portfolio, balancing long-term goals with short-term security.

Building a Portfolio with a 360-Degree View
A well-rounded portfolio requires considering goals, age, risk appetite, and time horizon.

Tailoring each component helps align your investments with financial milestones.

A diversified approach with a Certified Financial Planner’s guidance will give you a clearer roadmap.

Regular reviews and adjustments ensure your investments remain on track as market and personal conditions change.

Final Insights
A thoughtfully curated mutual fund portfolio combines growth, stability, and tax efficiency.

Prioritizing active management, regular fund benefits, and rebalancing provides comprehensive value.

Working with a Certified Financial Planner ensures you maximize returns with peace of mind.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

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Nayagam P

Nayagam P P  |3976 Answers  |Ask -

Career Counsellor - Answered on Dec 16, 2024

Asked by Anonymous - Dec 14, 2024Hindi
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Career
Hi Experts, Need your valued advise... My wife completed BSC Computer science in 2022. We got married in the same year and due to pregancy we did not much focussed on her carrer till now as we need to take care of the baby. We would like start her carrer and get a job. What are options we have to explore now considering 2years gap almost. And my wife english fluency is not that good. Could you advise what is the best action we can take to ensure she is not too dependent on everyone. Thanks in advance
Ans: Sir, This is a comprehensive plan to support your wife in resuming her professional career after a two-year break. Begin by evaluating her strengths and interests in Computer Science, such as programming, databases, web development, and digital marketing, among others. Assess her preference for technical roles in comparison to non-technical positions. Concentrate on avenues for improving your skills by looking into budget-friendly online courses.

When it comes to enhancing her English skills, this is the most effective approach. Instruct her to start with the fundamental 12 Tenses: Simple Present, Simple Past, Simple Future, Present Perfect Continuous, Past Perfect Continuous, Future Perfect Continuous, Present Perfect, Past Perfect, Future Perfect, Present Perfect Continuous, Past Perfect Continuous, and Future Perfect Continuous. Additionally, suggest that she memorize at least 40-50 verbs to effectively use with the aforementioned 12 tenses. She can easily learn this from YouTube or any high-quality book to boost her confidence in communicating in English.

Explore job opportunities ideal for newcomers, such as remote or freelance roles, virtual assistant positions, social media management, IT support associate, software testing, and data support functions. Engaging in small projects and enhancing her resume with online certifications.

Additionally, allow her to maintain her LinkedIn account and set up job alerts in her field to stay informed about the job market trends. Starting her career requires a significant amount of patience and a willingness to learn. All the BEST for your Wife’s Prosperous Future.

Follow RediffGURUS to Know More on ‘Jobs | Careers | Education’

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Nayagam P

Nayagam P P  |3976 Answers  |Ask -

Career Counsellor - Answered on Dec 16, 2024

Asked by Anonymous - Dec 16, 2024Hindi
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Career
Gave 2 levels of interview at Eaton in starting of December 2024 and HR said that they will share the candidature status by mid previous week ( 11-12 Dec) but till now , there had been no communication. Could you please let me know what should I do here, should I call HR or send an email ?
Ans: As they indicated they would respond by the second week of December, it is possible that they may require an additional week to reach a decision and finalize their response. To follow up with HR about your application, please send a concise and courteous email, making sure it is brief and direct. If a response is not received within 3-4 business days, please initiate a follow-up call, ensuring that the conversation remains concise and polite. Emails provide the HR team with the opportunity to assess your status and reply with careful consideration, showcasing a high level of professionalism. Please ensure the email is sent today, as the response has already experienced a delay. And, continue to apply for jobs as you normally would through LinkedIn, the websites of your preferred companies, employee referrals, and other avenues, rather than waiting for their response. Maintain a record of the companies and job titles to which you have applied to prevent redundancy. MOST IMPORTANT TIP: Having a second / PROFESSIONAL email address is strongly advised, especially when looking for employment & applying for jobs, as even crucial emails may find up in your spam folder and you may miss them.

All the BEST for your Prosperous Future.

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Kanchan

Kanchan Rai  |442 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Dec 16, 2024

Asked by Anonymous - Dec 03, 2024
Relationship
How much weightage should be given to the Past (Relationship & Sexual History) of a Man, while vetting prospective matches in the process of Arranged Marriage? Does a Man's Virginity matter as much as a Woman's Virginity? Or can his Past be overlooked completely, if his Present is Good & Future looks Promising?
Ans: A man’s past should not be entirely overlooked, but it should also not define him. It’s important to understand the context of his previous relationships—whether they were casual, meaningful, or unhealthy—and how those experiences have shaped him. The focus should be on whether he has grown from those experiences and whether his present actions and values align with the future he envisions with you. If he demonstrates honesty, respect, and a commitment to the relationship, his past becomes less significant compared to the person he is today.

Ultimately, the decision depends on what matters most to you in a partner. If a man’s virginity or lack of prior relationships is important to you for personal, cultural, or religious reasons, it’s essential to communicate this openly and respectfully. At the same time, consider whether the expectations you place on him are fair and reflective of the qualities you value in a lifelong partner—trust, kindness, loyalty, and shared goals.

What truly matters in an arranged marriage—or any relationship—is how the person’s past, present, and future align with your vision of a partnership. If he is open about his history, takes accountability for any mistakes, and is genuinely committed to building a strong and loving future with you, his past should not necessarily overshadow the potential for a fulfilling relationship.

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Kanchan

Kanchan Rai  |442 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Dec 16, 2024

Asked by Anonymous - Dec 05, 2024
Relationship
Hi, i am sri lankan girl, and my bf is indian, recently his family had found a girl and forced him to marry, he said he had no option this time he had to say ok, because after he told about me to them, they started to act rude and now they all find out me and try to make me scared, my bf blocked me, because that girl also controls him, i told him you can still turn back and choose your life, but he said it will be a problem to his parents, and his dad trying to hurt himself. I really love him, we were together 2 years. Even he says he misses me a lot and he said he feels the life how happy it was before and now he is confused and he says feel like he is in a jail, please help me, he says now he can’t promise me anything.he says if i find someone it ok, he will be a good friend, but i really love him, what can i do
Ans: What’s important here is to also focus on what this situation is doing to you. You’re trying to hold on, to fight for the love you’ve shared, and it’s exhausting. It’s heartbreaking to love someone who feels like they have no choice but to walk away. You’ve already shown courage in encouraging him to choose his own happiness, to take control of his life, but it sounds like he’s not in a place where he can take that step. His confusion and feelings of being “in a jail” may reflect his inner turmoil, but they also show that he’s currently unable to prioritize your relationship in the way it deserves. His offer to remain a "friend" while giving you the freedom to move on might come from a place of care, but it also leaves you carrying the weight of love and heartbreak alone.

You need to take a step back and ask yourself some difficult questions. Are you willing to continue waiting for him, knowing that his family may never accept you and that he may never have the strength to stand up to them? Or is it time to prioritize your own emotional well-being and open yourself to the possibility of a future where you’re truly valued and chosen by someone who can fight for you, no matter the challenges?

Loving him and letting go can coexist. Letting go doesn’t mean you stop loving him or that what you shared wasn’t real. It means recognizing that his inability to fight for your relationship is a reality you can’t control. You’ve done everything you could to show him what he stands to lose, and now the choice lies with him. In the meantime, you need to protect your own heart and focus on your happiness. Surround yourself with people who uplift you, and allow yourself time to grieve this loss. Healing won’t happen overnight, but it begins when you choose to honor your own worth and emotional health. If he comes back to you one day, it should only be because he’s ready to fight for the love you deserve, not because he feels trapped or confused. Until then, you have every right to move forward with your life and pursue the happiness you deserve.

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Kanchan

Kanchan Rai  |442 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Dec 16, 2024

Asked by Anonymous - Dec 08, 2024Hindi
Relationship
I have a friend for over 9 years. She is 38, married with a 13 yr old boy and I am single and 32. Ever since we have known each other we have been friends. I never had romantic feelings or intimate thoughts about her(I guess I am not that much into married women). Over the course of years since 2015, we have had a very close friendship and at a professional capacity I am tutor to her child.(The child has been hanging out with me since he was 4). Me and the lady went for vacations and have spent countless nights on the balcony with a drink and lots to talk about our lives. I am thoroughly aware of her troubled marriage including instances of DV and her complicated upper middle class family dynamics. She knows my childhood, how I lost my parents and has been close watcher of how I have transformed over the years. In 2020 in a moment of my weakness, loneliness, desperation I spoke to her extensively even breaking down and she somehow made the call the treatment me like a son and I have ever since addressed her as 'Maate'. (My mother passed away in childbirth so my knowledge of a mother's presence is next to 0) During the pandemic where we could barely meet during to distance and lockdown. Her husband also moved to UK for work. A new "friend" comes to the picture. I did not meet him at the beginning but after a few months, I notice my friend taking care of the finances, lifestyle choices of the"friend". He enjoys the involvement citing how difficult his life was where his parents could not provide such interactions when he was a kid. (The "friend" is 28 years old). The "friend" also a leukaemia survivor indulges in alcohol with us, tries other substances in her company and one night confesses his feelings to Maate. Maate tells him that she has a kid, a husband and a boyfriend so those spectrums there is no space for the "friend". So the "friend" officially friendzones himself but over the times has arranged him to stay in her place, sleep in her bed, cuddle with her everynight(can't sleep otherwise) has access to her emails, photos, phone password, and subtly starts taking control over her house to get things done his way. He even does not allow the 13 yr old child sleep with his mom because the child gets a pole in his sleep(like of teens and men) it creeps the "friend" out. Finally after a night of drinking I suddenly woke up to sounds of moaning early in the morning from her bathroom. So the "friend" finally had his long overdue sex at 6 am in the morning in her bathroom. I wake to listen to Maate moaning buty paranoia kicks in when I see her kid waking up and standing behind me and asking 'where is Mamma'. I have no words, I have no idea what to do. I take him away on the pretext of making some yummy breakfast. Now the problem for me is: 1. I have lived by a few codes and one of them is not to cross boundaries with female friends. I have stayed friends with them for over 2 decades. So someone doing it infront of me and calling it friendship and apologizing with the words 'heat of the moment','honest mistake', 'drunken daze', etc just makes me call it bullshit. The "friend" wanted it and took the first shot he got. 2. My Maate asking me to let it go, forgive and treat the "friend" like a younger brother. I have tried it a lot over the last year and I sincerely can't(because of reasons mentioned in Point 1) 3. Saying it to openly to Maate has starined my equation with her. I just want to stay away from such a "friend" but evidently voicing it out (albeit in a very loud manner) pushed away my closest confidant. The only thing I know is if things get better I can't pull of this pretentious stuff and it will make me burst again. I don't know what to do here.
Ans: You’ve built your life around certain principles—one being the importance of boundaries and respect in friendships. Seeing those boundaries crossed in a way that you perceive as disrespectful to the sanctity of your connection with Maate, as well as her responsibilities as a mother, strikes at the heart of your values. It’s no wonder that you feel uneasy and unable to simply accept her request to forgive and treat the “friend” as a younger brother.

What’s critical here is that your feelings of discomfort are not about being judgmental but about being protective—of your bond with Maate, her child’s well-being, and your own emotional integrity. This situation has left you in a moral and emotional bind. You value the relationship with Maate, but the dynamic involving the “friend” is deeply troubling for you.

To move forward, you need to find a way to honor your values while also preserving your emotional well-being. Open communication is key, but it’s also clear that the way this has been discussed so far has caused strain. You might need to reframe your approach. Instead of focusing on the specifics of what happened or pointing out the flaws in the “friend’s” behavior, you could focus on how the situation has affected you. Express your feelings honestly but gently—share how it has created a sense of distance and how much you miss the closeness and trust you once shared.

At the same time, it’s important to set boundaries for yourself. You don’t have to accept the “friend” into your life if it feels wrong to you. However, you can make it clear to Maate that this boundary is about your own peace of mind and not a judgment of her choices. Acknowledge her autonomy while asserting your need for space from situations that make you uncomfortable.

Ultimately, this might mean accepting that the relationship with Maate will change. Relationships evolve, and sometimes people we care about make choices that we can’t fully align with. It doesn’t mean you have to sever ties, but it does mean redefining the terms of your connection in a way that allows you to stay true to yourself.

Take time to reflect on what you need to feel whole and grounded. This situation has understandably shaken you, but it’s also an opportunity to reaffirm your values and protect your well-being. Seek support from others you trust, and remember that it’s okay to take a step back to process your feelings and recalibrate the relationship on your terms.

...Read more

Milind

Milind Vadjikar  |774 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Dec 16, 2024

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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