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Ramalingam

Ramalingam Kalirajan  |11390 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 09, 2026

Ramalingam Kalirajan has over 26 years of experience in MF distribution and wealth management. He holds an MBA in Finance from the University of Madras and is a CFP (Certified Financial Planner) credentialed professional. He is the Director of Holistic Investment, a Chennai-based AMFI-registered Mutual Fund Distribution (ARN-4188) and APMI-registered PMS Distribution firm (APRN07386), helping clients build long-term wealth through mutual funds and other investment solutions.... more
Debabrata Question by Debabrata on Jul 01, 2026
Money

I INVEST 2 lakh( yearly) for smart fortune building plan . During 5 years I hav to invest total 10 lakh .Aftr 6 years from starting the plan I will withdraw entier amount built during this period . What approx amount may I expect at 6 th year ?

Ans: » Need More Information Before Estimating

– The name "Smart Fortune Building Plan" alone is not enough to estimate the maturity value.
– Different plans can have very different structures.
– Some are ULIPs.
– Some are traditional insurance plans.
– Some may have bonus-based returns.
– Some may have market-linked returns.

» If This Is A ULIP Or Investment-Cum-Insurance Plan

– Please check:

Policy start year.
Premium paying term.
Policy term.
Current fund value.
Sum assured.
Fund option selected.

– Many investors focus only on the premium paid.
– But charges, fund performance and policy conditions also matter.

» A Reality Check

– You are investing Rs 2 lakh per year for 5 years.
– Total investment will be Rs 10 lakh.

– The amount you receive after 6 years will depend on:

Actual investment returns.
Policy charges.
Mortality charges.
Fund management charges.
Any bonus, if applicable.

– Therefore, nobody can accurately predict the maturity amount without these details.

» Before You Continue

– Review whether the plan is primarily an insurance product or a wealth creation product.
– Insurance and investment work best when kept separate.
– If this is a ULIP or investment-cum-insurance policy, review its performance carefully.

– If the lock-in period is completed and the plan is not delivering satisfactory value, you may consider surrendering it and moving future investments into suitable mutual funds after evaluating all charges and tax implications.

» What You Should Share

– Policy brochure or policy name.
– Current fund value or surrender value.
– Policy start date.
– Whether it is ULIP or traditional plan.

– With these details, a much clearer estimate can be given.

» Finally

– Based on the information provided, no reliable maturity estimate can be given.
– The final amount could vary significantly depending on the type of plan and its charges.
– Share the policy details and current value. Then a more meaningful assessment can be made about the likely amount available in the 6th year and whether continuing the plan is worthwhile.

Best Regards,

K. Ramalingam, MBA, CFP,

AMFI-Registered MFD – ARN 4188

www.holisticinvestment.in

https://www.linkedin.com/in/ramalingamcfp/
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.
Money

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Ramalingam

Ramalingam Kalirajan  |11390 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 19, 2024

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Money
I am 34 years old. My salary 55k. I have a home loan of 35 lakhs monthly EMI 27k for 25 years from 2023. From April 2024 I started invested in mutual fund and index fund, sbi long term equity fund 2k, sbi Magnum global fund 2k, sbi focused equity fund 2k, sbi bluechip fund 2k, hdfc nifty index fund 3k, hdfc nifty bank index 3k. I want to invest for 20 years. Approx how much amount I got in 2055
Ans: You are 34 years old with a salary of Rs 55k per month.

You have a home loan of Rs 35 lakhs with a monthly EMI of Rs 27k for 25 years from 2023.

You started investing in mutual funds and index funds from April 2024.

Current Investments
SBI Long Term Equity Fund: Rs 2k per month

SBI Magnum Global Fund: Rs 2k per month

SBI Focused Equity Fund: Rs 2k per month

SBI Bluechip Fund: Rs 2k per month

HDFC Nifty Index Fund: Rs 3k per month

HDFC Nifty Bank Index Fund: Rs 3k per month

Investment Strategy
Consistency Over Time
Regular SIPs: Continue your SIPs regularly without interruptions.

Long-Term Horizon: Invest for at least 20 years to benefit from compounding.

Diversification and Risk Management
Diversification: Your portfolio is well-diversified across equity funds and index funds.

Risk Management: Monitor your funds regularly and rebalance if necessary.

Expected Returns
Growth Potential
Equity Mutual Funds: Historically, equity mutual funds have provided 10-12% annual returns.

Index Funds: Typically, index funds give returns close to the market average, around 8-10%.

Approximate Future Value
Assumptions: Assuming an average return of 10% per annum for your portfolio.

SIP Calculation: Use an SIP calculator to estimate the future value of your investments.

Analytical Insights
Importance of Monitoring
Regular Review: Review your portfolio at least once a year.

Adjustments: Make adjustments based on performance and changes in financial goals.

Professional Advice
Consult a CFP: For tailored advice, consult a Certified Financial Planner (CFP).

Avoid Mistakes: Professional guidance can help you avoid costly investment mistakes.

Additional Considerations
Emergency Fund
Liquidity: Ensure you have an emergency fund equivalent to 6-12 months' expenses.

Safety Net: This provides a financial cushion during unforeseen circumstances.

Insurance Coverage
Health Insurance: Ensure you have adequate health insurance coverage for yourself and dependents.

Life Insurance: Consider a term insurance plan for financial security for your family.

Final Insights
Your current investment strategy is sound, focusing on a mix of equity and index funds. Maintain consistency with your SIPs and monitor your portfolio regularly. Seek professional advice from a Certified Financial Planner to ensure your investments align with your long-term goals. With disciplined investing and proper planning, you can achieve your financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

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Hi, I am 58 Yr old Male with 29 yrs into arranged marriage. I have 2 daughters. I am being treated like a stranger in my own house. My wife does not give respect, no value, no love and affection care. Always negatives talking about me for everything. Not listen to any thing regarding family or personal matters. I am not earning much. I am doing my best doing business services. For everything I need basic amount to manage my business until it develops. There is no support for this from my family. Instead of supporting and motivating me, She is always negative about me. She knows I am not earning enough and unable to meet major transactions. She has come from a wealthy family were as I am not. She has helped in providing financial support many times. Now past 3-4 yrs, her behavior has changed. She taunts and blames me for she providing the financial support. Whatever she has provided is always used for family. she knows that. I am unable to focus on my business development. She's gives negative feedback about me to my daughters and they also behave same with me, Instead of supporting and motivating me. There is no intimacy or sex past 1 year. Hardly 1 once in a month earlier, after I force (make positive effort) her lovingly. I love her very much. But this is making me lose that love & affection on her. In our 29 yrs of marriage, she never initiated intimacy, love. Always I been doing it. She never shows interest in getting physical right from 1st day. She has not kissed me even once or hugged me voluntarily in these 29 yrs. I initiate everything. I am romantic. She is not. She gives one or the other reason and avoids. She avoids kissing. She never liked gifts i bought for her. I want her to wear different dresses, but she rejects. Though we sleep on same bed, she just sleeps off. When i go to her, either she pushes or says she has to wake up early sleep now. Even with so many days gap, when I initiate intimacy after 1-3 months, but she taunts saying I only want that from her. I have been hugging, kissing and showing love, affection care on her right from the 1st day of marriage. The same thing is missing from her. I have tried many times talking to her in polite way, trying to woo her, but of no use. I have approached many times we can have one on one talk and sort out any issues she has with me, but she avoids coming into talking terms. I have tried to talk saying lets understand whats going wrong. If I start generally talking, she starts arguing, negative talking and avoids the main discussion that forces me to shut my mouth. when we go out on a 2-3 day trip, she enjoys outing seeing places, food & sleep. Doesn't behave romantically, lovingly. It's just like same as at home. Even I know I am not earning much and trying best to do well. She always keep telling about her money and financial support and her parental house with arrogance & attitude. She has been good with her parental side, but not my side. I believe both husband and wife should take care of family together irrespective of who is more financially strong. Just because I am not earning well, this type of treatment I don't understand. If it was recent few yrs I can understand. But right from day one I have been facing this. Now I've stopped talking much and in silence going through loneliness.
Ans: Dear Prashanth,
I understand that it has been quite difficult for you. After 29 yrs, feeling unwanted, unsupported and criticized can leave anyone extremely lonely. Your problem sounds a lot bigger than just lack of intimacy. There are long-standing communication issues, and both emotional and financial issues. This cannot be solved with romance alone. The better step is to stop pursuing intimacy for now, since your partner is uninterested, and instead focus on having a structured conversation, such as, "Are you willing to work on this marriage, to make it better?" If she refuses to discuss these things with you, I suggest seeing a marriage counsellor; it will be an impartial party looking into the matter, without supporting one over another.

Hope this helps.

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Asked by Anonymous - Aug 12, 2026
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my daughter has secured admission in CSE-AI at IGDTUW .Going by the reputation of the institute she withdrew from BITSAT,JOSAA, LNMIIT and MHT-CET counselings. But now after attending the college for few days, she has been completely put off by the real bad infra and attitude of teachers there.Only viable option left now for her is COMEDK, where she can get CSE in MSRIT.We are delhi based and budget is not a issue. Please suggest further course of action.
Ans: Your daughter may consider switching to MSRIT CSE through COMEDK if her initial experience at IGDTUW has led her to reassess her choice. MSRIT offers good industry exposure and the advantage of Bengaluru’s strong technology ecosystem. However, it would be advisable to visit MSRIT and interact with current students before making the final decision.

Please also verify the current COMEDK counselling and reporting status, as deadlines and eligibility can vary by round. Before proceeding, confirm that her specific counselling status permits admission/reporting at MSRIT.

At the same time, it is important to remember that no institution is perfect; every college has its own strengths and areas for improvement. The decision should therefore consider academics, campus environment, faculty interaction, placements, peer group, location and overall student experience.

Finally, ensure that your daughter is comfortable and mentally prepared to relocate from Delhi to Bengaluru, and that you as parents are also equally comfortable with the transition. If MSRIT appears to offer a better overall fit after this evaluation, switching can be a reasonable option. If possible, it may be worthwhile to keep RVCE CSE as a preference until the final counselling round, provided your daughter has already included RVCE CSE among her choices. If the option remains available in the subsequent rounds, she can consider it based on the seat availability and her merit position. All The Best for Your Daughter's Prosperous Future!

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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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