Can I get HRA if I have owned the property in the building and giving my parents rent in another flat in the same building

Ans: use symbol as "KAYNES" you can add it

Ans: dear giri, can you plz confirm which broker app or website are you using, can you plz share some details so i provide you my inputs.

Ans: such group and platforms are scamsters, stay away from them. They themselves are illegal.

Ans: Hi Pradeep,
Yes, it is possible. The process is very simple. Before my comments, I would like to know your domicile or nativity (maybe MP based on your father's details, I am predicting). Kindly share the same.

BEST WISHES.

Ans: its a scam, plz file compliant with cyber crime

Ans: I appreciate your early step into disciplined investing.
Starting SIPs shows long-term thinking.
Beginning small builds confidence and learning.
Your willingness to ask questions is healthy.

» Your Current SIP Action Review
– You started SIP of Rs 3,000 monthly.
– SIP duration is three months.
– Investment is through a bank mobile app.

This shows good initiative.
Early habits shape future wealth.

» Understanding Your Chosen Fund Category
– The fund belongs to small-sized companies category.
– Such funds are high risk.
– Such funds give high volatility.

Returns can be uneven yearly.
Patience is very important here.

» Suitability Of Small Company Funds
– Small companies grow faster sometimes.
– They also fall harder during corrections.
– Not suitable as first-only investment.

Exposure should be limited initially.
Balance is essential.

» Starting Early
– You started without waiting for perfection.
– Many delay investing unnecessarily.
– Action matters more than perfection.

This mindset helps long-term success.

» Risk Awareness Is Necessary
– Small company funds fluctuate sharply.
– Short-term losses are common.
– Emotional control is required.

Three months is too short to judge.
Time horizon should be long.

» Minimum Suggested Time Horizon
– Such funds need at least seven years.
– Shorter periods cause disappointment.
– SIP helps reduce timing risk.

Consistency matters more than returns initially.

» Bank App As Investment Platform
– Bank apps are generally safe.
– Transactions are regulated.
– Holdings are stored with registrars.

Platform safety is not the main risk.
Investment choice matters more.

» Limitations Of Bank Apps
– Limited guidance provided.
– Product pushing is common.
– Advice is not personalised.

Banks focus on convenience.
Planning depth is usually missing.

» Bank Staff Support Limitations
– Staff change frequently.
– Knowledge levels vary.
– Long-term accountability is absent.

This affects continuity of advice.

» Safety Of Investments Versus Platform
– Funds are held in your PAN.
– Platform failure does not erase investments.
– Units remain safe with fund house.

So platform safety fear is minimal.
Decision quality matters more.

» Planning Another SIP Thought
– You want another Rs 3,000 SIP.
– Total SIP becomes Rs 6,000 monthly.

This is positive growth behaviour.
But structure needs correction.

» Platform Comparison Perspective
– You plan using another app.
– Such apps promote self investing.
– Guidance quality is limited.

Ease should not replace planning.

» Direct Platform Reality Check
– Such apps promote direct plans.
– Expense difference looks attractive.
– But hidden costs exist.

Cost is not only expense ratio.
Mistakes cost more.

» Disadvantages Of Direct Plans
– No personalised advice.
– No behaviour guidance during falls.
– No portfolio review support.

Investors act emotionally without guidance.
This hurts returns badly.

» Decision Errors In Direct Investing
– Panic selling during market falls.
– Overconfidence during rallies.
– Frequent fund switching.

These mistakes destroy compounding.
They are very common.

» Lack Of Accountability In Apps
– Apps do not call you.
– Apps do not stop wrong actions.
– Responsibility lies fully on investor.

This is risky for beginners.

» Why Regular Plans Add Value
– Guidance helps discipline.
– Asset allocation stays balanced.
– Behavioural mistakes reduce.

Value is beyond commission.
Support matters during volatility.

» Role Of MFD With CFP Credential
– Certified Financial Planner gives structure.
– Advice aligns with goals.
– Long-term handholding exists.

This improves investment experience.
Returns become smoother.

» Cost Versus Value Perspective
– Direct plans save small percentage.
– Wrong decisions lose big percentages.

Net outcome matters more.
Peace of mind matters too.

» Your Current Portfolio Concentration Risk
– Only one equity category exposure exists.
– Risk is concentrated.
– Diversification is missing.

This increases volatility risk.
Balance is needed urgently.

» Importance Of Diversification
– Different funds behave differently.
– Market cycles impact unevenly.
– Balance reduces shock.

Diversification improves consistency.

» Ideal SIP Structure For Beginners
– One aggressive component.
– One stable growth component.
– One flexible allocation component.

This spreads risk evenly.
Comfort increases automatically.

» Why Avoid Multiple Apps
– Tracking becomes confusing.
– Discipline weakens.
– Reviews become difficult.

One guided platform is better.
Simplicity improves adherence.

» Data Security Perspective
– Apps are regulated.
– Data security standards exist.
– Risk is minimal.

But advice quality remains missing.

» Behaviour During Market Corrections
– Small company funds fall sharply.
– Beginners panic easily.
– SIP stoppage becomes tempting.

Guidance prevents wrong reactions.

» Emotional Support Value
– Markets test patience.
– Fear appears suddenly.
– Someone must guide.

Apps cannot replace humans here.

» Why Starting With Only Small Companies Is Risky
– Volatility is high.
– Returns are uneven.
– Confidence may break early.

Balanced start builds trust.

» Gradual Exposure Approach
– Start with core stability.
– Add aggression slowly.
– Increase risk with experience.

This improves journey comfort.

» SIP Amount Increase Strategy
– Rs 6,000 is fine initially.
– Increase annually with income growth.
– Discipline matters more than amount.

Time creates wealth here.

» Tax Awareness Brief
– Equity funds tax applies on selling.
– Long-term gains have limits.
– Short-term gains are taxed higher.

Holding longer improves efficiency.

» Avoid Frequent Changes
– Switching funds harms compounding.
– Costs increase silently.
– Discipline reduces regret.

Stick to strategy firmly.

» Monitoring Frequency
– Review once a year.
– Avoid monthly checking.
– Noise causes confusion.

Long-term vision matters.

» Avoid Social Media Influence
– Tips are often misleading.
– Past returns are highlighted.
– Risk is hidden.

Structured advice avoids traps.

» Role Of Goal Mapping
– Define why you invest.
– Time horizon matters.
– Risk choice depends on goals.

Without goals, investing feels stressful.

» Emergency Fund Reminder
– Keep emergency money separate.
– Do not mix with SIPs.
– Liquidity is essential.

This prevents SIP stoppage.

» Insurance And Protection Check
– Health cover should be adequate.
– Life cover matters if dependents exist.

Protection supports investment continuity.

» Long-Term Wealth Mindset
– Wealth grows slowly.
– Patience beats intelligence.
– Process beats prediction.

Consistency wins always.

» Common Beginner Mistakes To Avoid
– Chasing last year returns.
– Using too many apps.
– Ignoring allocation balance.

Awareness saves money.

» How A CFP Helps In SIP Planning
– Designs suitable allocation.
– Reviews yearly changes.
– Guides during volatility.

This partnership adds value.

» Confidence Building Perspective
– You already started investing.
– You are learning actively.
– Improvement is natural.

This journey will get smoother.

» Platform Safety Final View
– Bank app is safe.
– App based platforms are safe.
– Investment safety lies with fund house.

Decision quality matters more.

» Final Insights
– Starting SIP is a good step.
– Small company exposure is risky alone.
– Diversification is necessary now.
– Avoid self-direct platforms initially.
– Regular plans with CFP guidance add value.
– Consistency and discipline build wealth.

You are on the right path.
Correct structure will improve outcomes.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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

Ans: Here is a point-by-point reply to your query: (1) BPT (Bachelor of Physiotherapy) lateral entry is NOT officially allowed by most universities/UGC. (2) Some private colleges offer lateral entry, but this can be risky. (3) Such BPT degrees may create problems for MPT (Master of Physiotherapy) admission and government jobs. (4) Your 12th with 46% may also not meet eligibility for regular BPT in many colleges.

Suggestion - (1) Better to take regular BPT admission (1st year) only in a recognized university. (2) Or choose a different safe course instead of risky lateral entry. (It is more recommended)

The final choice/decision will be yours.

Good luck.
Follow me if you receive this reply.
Radheshyam

Ans: Dear Anonymous,
I understand it’s a tricky situation but open communication helps the most in such times. Let her know how you feel and allow her to express how she feels about the situation as well.


I just want to remind you that past cannot be changed, so holding it against someone will do no good. However, if you believe it is going to create issues in your marriage, you should discuss it before getting married and decide what to do accordingly.


Hope this helps.

Ans: You have taken a wise step by questioning your existing policy.
Such questions show growing financial awareness.
Your intent to understand reality is appreciated.
This mindset protects long-term financial health.

» Understanding Your Policy Basics
– You purchased an insurance cum investment policy.
– The policy started in the year 2017.
– Annual premium paid is Rs 50000.
– Payments have continued with discipline.
– The policy falls under ULIP category.

» Nature of Insurance Cum Investment Policies
– These policies mix insurance and investment.
– Premium does not fully go into investments.
– Initial years have very high charges.
– Net invested amount remains low initially.

» Premiums Paid Versus Actual Investment
– You paid premiums regularly for several years.
– A large portion went towards charges.
– Actual invested value stayed much lower.
– This gap surprises many investors later.

» Charges That Impact Your Returns
– Policy allocation charges apply initially.
– Policy administration charges apply every year.
– Fund management charges continue lifelong.
– Mortality charges increase with age.

» Impact of Initial Policy Years
– First five years carry maximum charges.
– Investment growth remains suppressed initially.
– Compounding effect becomes very weak.
– Recovery takes many additional years.

» Realistic Return Expectation Today
– ULIP returns are usually moderate.
– They struggle to beat inflation consistently.
– Long-term wealth creation remains limited.
– Expectations often differ from actual outcomes.

» What Your Policy Statement Usually Shows
– Fund value remains below total premiums.
– Growth appears slower than promised.
– Charges are not clearly highlighted.
– Returns look confusing and disappointing.

» Direct Answer to Your Return Question
– Exact return needs policy statement review.
– Broadly, returns stay on the lower side.
– Strong wealth creation is unlikely here.
– Long-term opportunity cost becomes high.

» Emotional Attachment With the Policy
– You showed discipline by paying regularly.
– Commitment deserves appreciation.
– However, emotions should not guide decisions.
– Logic must lead financial choices.

» Core Problem With ULIP Structure
– Insurance and investment goals conflict.
– Neither function works efficiently.
– Insurance becomes expensive.
– Investment growth becomes inefficient.

» Correct Role of Insurance
– Insurance should offer pure protection.
– Investment should focus on growth.
– Mixing both weakens outcomes.
– Separation gives better results.

» Current Options Available to You
– Lock-in period is already completed.
– Surrender option is available now.
– This is a decision window.
– Delay increases long-term damage.

» Understanding Policy Surrender
– Surrender returns current fund value.
– Some surrender charges may apply.
– Future premium burden stops immediately.
– Cash flow becomes flexible again.

» Why Surrender Needs Serious Thought
– Continuing premiums lock money inefficiently.
– Better opportunities get missed.
– Inflation keeps eroding real value.
– Early correction limits further loss.

» Importance of Reinvestment After Surrender
– Surrender alone does not solve issues.
– Money must be reinvested wisely.
– Time value of money is critical.
– Proper allocation drives better outcomes.

» Why Mutual Funds Score Better
– Mutual funds offer clear transparency.
– Costs are openly disclosed.
– Portfolio decisions remain flexible.
– Liquidity stays superior.

» Advantage of Actively Managed Funds
– Fund managers respond to market changes.
– Risk is actively monitored.
– Overvalued areas are avoided.
– Long-term consistency improves.

» Difference Between ULIP and Mutual Funds
– ULIPs have rigid structures.
– Mutual funds offer flexibility.
– ULIPs restrict exit options.
– Mutual funds allow easier access.

» Value of Regular Funds Over Direct Routes
– Professional guidance improves discipline.
– Emotional decisions reduce significantly.
– Timely rebalancing becomes possible.
– Long-term goals stay protected.

» Role of a Certified Financial Planner
– A CFP looks at full financial picture.
– Goals guide every recommendation.
– Tax, risk, and time are balanced.
– Product bias is avoided.

» Assessment of Your Existing Policy
– Policy is not aligned for wealth creation.
– Inflation beating is difficult here.
– Opportunity cost is very high.
– Continuation lacks financial logic.

» Risk of Continuing Future Premiums
– Annual Rs 50000 remains locked.
– Flexibility reduces each year.
– Better options remain unused.
– Regret may arise later.

» Suggested Way Forward
– Separate insurance from investment goals.
– Maintain adequate pure protection.
– Focus investments on growth assets.
– Review progress every year.

» Understanding Tax Aspects
– ULIP surrender has specific tax rules.
– Policy duration impacts taxation.
– Proper planning reduces tax stress.
– Panic decisions should be avoided.

» Discipline Needs Correct Direction
– Discipline is a powerful habit.
– Wrong product wastes discipline.
– Right product multiplies results.
– Direction matters more than effort.

» Common Misunderstanding Among Investors
– ULIPs are seen as safe investments.
– Returns remain uncertain.
– Charges increase investment risk.
– Transparency stays limited.

» Handling Agent or Sales Pressure
– Ignore emotional sales arguments.
– Past premiums are sunk costs.
– Focus on future benefits only.
– Rational thinking protects wealth.

» Family Involvement in Decision
– Explain reasoning calmly to family.
– Share long-term impact clearly.
– Transparency builds confidence.
– Support usually follows clarity.

» Reality of Long-Term Wealth Creation
– Wealth builds slowly and steadily.
– Correct product choice is critical.
– Wrong choices delay progress.
– Time once lost never returns.

» Final Insights
– Smart Wealth Builder ULIP offers limited returns.
– Continuing premiums may harm long-term goals.
– Surrender with reinvestment deserves consideration.
– Right planning can restore financial strength.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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