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Ramalingam

Ramalingam Kalirajan  |7101 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 09, 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 16, 2024Hindi
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Iam 34 years old. I have invested by SIP in HDFC large and midcap fund, HDFC Nifty 50 index fund and Sundaram flexi cap fund each Rs. 2500. I can invest another 7500 monthly.Can you suggest how to go about it.

Ans: It's excellent that you're proactively investing through SIPs, which is a prudent approach to building wealth over time. Let's explore how you can further allocate your additional investment of Rs. 7500 per month:
1. Diversification: Since you already have exposure to large and mid-cap stocks through HDFC Large and Midcap Fund, and to the Nifty 50 index through HDFC Nifty 50 Index Fund, you may consider diversifying into other market segments or asset classes to spread risk.
2. Consider Small-cap or Sectoral Funds: To enhance diversification, you could allocate a portion of your additional investment to a small-cap fund or a sectoral fund. Small-cap funds have the potential for high growth but come with higher risk, so ensure it aligns with your risk tolerance. Sectoral funds invest in specific sectors like technology, healthcare, or banking, offering focused exposure to particular segments of the market.
3. International Exposure: Another option is to consider investing in an international fund to diversify geographically. International funds provide exposure to global markets, offering opportunities for growth and diversification beyond domestic equities. This can help reduce portfolio risk through exposure to different economies and currencies.
4. Debt Funds for Stability: Depending on your risk profile and investment goals, you might also consider allocating a portion of your additional investment to debt funds for stability. Debt funds invest in fixed-income securities like bonds and offer lower volatility compared to equity funds. They can serve as a cushion during market downturns while providing steady income.
5. Review and Rebalance: Regularly review your investment portfolio to ensure it remains aligned with your financial goals and risk tolerance. Rebalance your portfolio if necessary by adjusting your asset allocation based on changing market conditions or personal circumstances.
By diversifying your portfolio across different asset classes and market segments, you can mitigate risk while potentially enhancing returns over the long term. Consider consulting with a Certified Financial Planner to tailor an investment strategy that aligns with your specific financial objectives and risk profile.
Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
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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Hello Sir, myself Venkatesh aged 35 working in PSU current monthly takehome salary is Rs.1.20lac investing Rs.1,50,000/- in PPF per annum, havings corpus in fixed deposits around Rs.30lacs, investing in Mutual funds through monthly SIP of Rs.8000/- in three funds from past 3years 1.Parag Parikh Flexi Cap Fund-Reg(G)- 3K 2. Mirae Asset Large Cap Fund-Reg(G)- 3K 3. Axis Focused 25 Fund-Reg(G)- 2K. Now i want to invest another Rs.15,000/- per month for 18-20years and also advise by what amount i can stepup my existing portfolio for better returns.
Ans: Venkatesh! It's great to see your disciplined approach towards saving and investing. With your stable income and existing investments, adding Rs. 15,000 per month for 18-20 years can significantly boost your long-term wealth accumulation.

Considering your current portfolio, you may diversify further by adding funds from different categories to spread risk. Consider allocating the additional investment across different types of mutual funds such as mid-cap funds, small-cap funds, or international funds to enhance diversification.

As for stepping up your existing portfolio, you can consider increasing your SIP amounts gradually over time. Analyze the performance of your current funds and the potential for growth. Based on your risk tolerance and financial goals, you may consider increasing the SIP amounts in funds that have shown consistent performance and align with your investment objectives.

Consulting with a Certified Financial Planner can provide personalized guidance tailored to your specific financial situation and goals. Together, you can create a comprehensive investment plan to maximize returns and achieve your long-term financial objectives. Keep up the excellent work with your savings and investments!

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Mutual Funds, Financial Planning Expert - Answered on May 04, 2024

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Hi Experts, I am 35 years old and having SIPs in below mutual funds ICICI prudential Long Term equity fund (Tax Saving) Direct Plan Growth - SIP - Rs 3500 Axis Long term Equity Direct plan Growth (tax Saving)- SIP - Rs 3500 SBI Small Cap - SIP - Rs 3000 Mirae Asset Tax Saver Fund Direct growth - SIP - Rs 3500 Parag Parekh Flexi Cap Fund Direct Growth - SIP - Rs 7000 Axis Mid Cap Direct Plan Growth - SIP - Rs 5000 Nippon India multicap fund -SIP- Rs 10000 My total SIP is around Rs 36000 across all. I would like to invest Rs 15000 more on SIP. I know my small cap allocation is low because some one has scared me of small cap because of volatility. Can you suggest where can I invest extra Rs 15000 per month SIP. I have recently top up my mutual fund SIPs. I am looking for long time investment.
Ans: It's commendable that you're regularly investing through SIPs and looking to further diversify your portfolio. Here's a suggestion for investing an additional Rs 15,000 per month:

Since you're concerned about volatility in small-cap funds, consider allocating a portion of the additional Rs 15,000 to large-cap or multi-cap funds for stability and downside protection.
Look for funds with a proven track record of consistent performance and experienced fund managers. Consider factors like expense ratio, fund size, and portfolio composition when evaluating options.
Given your long-term investment horizon, you can afford to take some risk for potentially higher returns. Hence, consider allocating a portion of the additional SIP amount to mid-cap or small-cap funds for growth opportunities.
Remember to maintain a balanced portfolio across different market segments and asset classes to manage risk effectively.
Regularly review your SIP investments and make adjustments as needed based on changes in your financial situation or market conditions.
Consult with a Certified Financial Planner to receive personalized advice tailored to your specific needs and goals.
By diversifying your SIP investments across different market segments and staying disciplined with your investment strategy, you can maximize the potential for long-term wealth creation while managing risk effectively.

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Ramalingam Kalirajan  |7101 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 22, 2024

Asked by Anonymous - Apr 20, 2024Hindi
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Sir I am 35 year old earning like 90 k per month invested 1 lakh in mutual fund Aditya Birla Sun Life psu equity fund and quant small cap fund direct . N 5 k sio for icic prudential infrastructure direct growth. .I wanna invest like 2o or 30 k but not sip once a time suggest some pls thanks in advance
Ans: I can help guide your lump sum investment choices based on your existing portfolio:

Current Portfolio:

Aditya Birla Sun Life PSU Equity Fund: This seems like a large or mid-cap public sector undertaking (PSU) focused fund.
Quant Small Cap Fund Direct: This suggests you have some exposure to smaller companies with higher growth potential but also higher risk.
ICICI Prudential Infrastructure Fund Direct Growth: This likely provides exposure to the infrastructure sector.
Considering Lump Sum Investment:

Align with Investment Goals: Do you have a specific goal in mind for this lump sum (short-term, long-term)?
Diversification: You already have some sectoral exposure. A lump sum investment could add further diversification or strengthen existing themes.
Options for Lump Sum:

Balance Equity Exposure: If comfortable with your current equity allocation, a balanced mutual fund could add debt for stability.
Focus on Specific Sector: If you believe a particular sector (technology, healthcare) has potential, consider a sectoral fund.
Large-Cap Fund: A large-cap fund could offer stability and diversification within equities.
Remember:

Research Before Investing: Regardless of the option you choose, research the fund thoroughly before investing.
Consider Risk Tolerance: Don't chase high returns without considering your risk tolerance.
Talk to a Financial Advisor:

A financial advisor can assess your risk profile and overall portfolio to suggest the most suitable lump sum investment option for your goals.

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Asked by Anonymous - May 11, 2024Hindi
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Can you please suggest on capital gains as per Indian taxation laws arising in the below two queries : 1) property purchased with joint ownership, me and my wife’s name in 2015 at a cost of 64,80,000, housing improvements done for the cost of 1000000 and brokerages of 200000 paid and sold the same property at 10000000 in Dec 2023? 2) 87% of the proceeds got from the deal i.e 8700000, have been reinvested to pay 25% amount in purchasing another joint ownership property in Dec 2023, 3) I have invested in another under construction property in Nov 2023 by taking housing loan, which is on me and my wife’s name worth 1.4 cr, here the primary applicant is me only while wife is just made a Co applicant in the builder buyer agreement and also on the housing loan . So what are the LTCG tax liabilities arising from the above 3 scenarios for FY 2023-2024 and FY 2024-2025. I intend to sale off the property acquired in (2) by Dec 2024 and use that proceeds to close the housing loan for the property acquired in (3), will this sale of property be inviting any tax liabilities if the complete proceeds received from the sale of the property in (2) would be utilised to close the housing loan taken in Nov 2023 for the property in (3) ? Since in FY 23-24, I would be claiming the LTCG from the sale proceeds of 1) invested in the purchase of property in 2), and I intend to sale off this property in Dec 2024, will the LTCG claim be forfeited on the property sale in (1), should I hold this property at least for further 1 year so that sale of this property in 2) will not invite STCG?
Ans: (A). Let's first talk about F/Y 2023-24 :
You jointly sold a Property during the year for Rs.76.80 lakhs (64.80+10.00+2.00), & sold the same for Rs.100.00 lakhs.
You have jointly also purchased Property No.3 (I suppose it is Residential only), for Rs.140.00 lakhs.
You should avail exemption u/s-54 & file your ITR accordingly. Please disclose all details about sale & purchase in your ITR.
02. Now coming to the F/Y 2024-25 :
You intend to Sell Property No.2, which was acquired in 2023-24. Any Gain on Sale of it would be Short Term capital Gains & taxed accordingly.
Alternatively, you may hold this sale of property no.2 (for 2 years from its purchase) & avoid STCG
You are free to utilize the sale proceeds in a way you like, including paying off your housing Loan.
Please note to avail exemption u/s 54 only from investment in property no.3 & not 2.
Most welcome for any further clarifications. Thanks.

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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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