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Ramalingam Kalirajan |8077 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 02, 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

Question by DG on Apr 10, 2024Hindi

Money

want to invest in insurance sector for tax purpose, age 51 pl reply

Ans: For tax-saving purposes, investing in insurance schemes might not be the most efficient option, especially considering your age. Insurance schemes typically offer lower returns compared to other investment avenues and may come with various terms and conditions.

Instead, consider investing in Equity Linked Savings Schemes (ELSS). ELSS mutual funds offer the dual benefit of tax-saving under Section 80C of the Income Tax Act and the potential for higher returns by investing primarily in equities. They have a lock-in period of three years, which is relatively shorter compared to traditional insurance policies.

ELSS funds have historically delivered attractive returns over the long term, making them a preferred choice for tax-saving investments, especially for individuals who are comfortable with market-related risks.

Before making any investment decisions, it's essential to assess your risk tolerance, investment goals, and overall financial situation. Consulting with a Certified Financial Planner can provide personalized guidance and help you select the most suitable investment options aligned with your needs and objectives.

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 Kalirajan |8077 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 16, 2024

Question by DG - Apr 09, 2024Hindi

Money

need some investment in insurance sector for tax saver fund

Ans: ELSS funds are tax-saving mutual funds that offer tax benefits under Section 80C of the Income Tax Act. They combine the benefits of tax savings with the potential for higher returns from equity investments. Research and choose ELSS funds from reputable mf companies with a strong track record and favorable performance. Additionally, review the fund's investment strategy, past performance, and charges before investing.

Ramalingam Kalirajan |8077 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Feb 03, 2025

Asked by Anonymous - Feb 03, 2025Hindi

Money

I am 50 year old a Junior commission officer from India Coast Guard(Ministry of Defence) Aviation Department retired on 31 Jul 2024. I got total amount of Rs 48 Lacs retirement amount and by end of Mar Apr 25 will get 8L. Getting Pension pm Rs 30000 due to commutation amount for 15 years. Monthly expiditute Rs 30000 . Want 3 CR after 10 years . Excide life Insurance now merged with HDFC Life Insurance will mature by 2030/ 10 Lacs. N.G.I.S Naval Group Insurance Scheme one time premium for sum assured 7.5 Lakh upto age of 75 years. Health Insurance not required as ECHS facility are given by Govt./Indian Coast Guard. Pl advice me how to invest. DA will increase 8% yerly. Willing to invest Mutual fund with moderate risk. Preference to invest 50 % Govt Bank as no other side income are there. Personal house at native place . Nil liability and loan. Two son are studying one in 11th K.V and one in First year Enginering. Reserved 20L for wards education. Invested 15L in MSIP postal monthly investment scheme and the interest received diversified to PLI with annual premium of 96K. Invested 10L each as FD in Govt and local society. Had purchased plot in the year 2015 and 2018 whose present value is 25L. Soon after retirement had invested 1L each in Stock market and XPO.RU Trading & Investment. Pl sir make my investment profile for my desired 3 CR. I will be grateful. Thank you Jai Hind

Ans: Your financial position is strong, and your disciplined approach to savings is commendable. You aim to accumulate Rs. 3 crore in 10 years while ensuring financial security for your family. Below is a structured investment plan to help you achieve your goal.

Current Financial Overview
Retirement Corpus Received: Rs. 48 lakh (additional Rs. 8 lakh by March-April 2025)
Pension Income: Rs. 30,000 per month (with DA increasing at 8% annually)
Monthly Expenses: Rs. 30,000
Education Fund Reserved: Rs. 20 lakh
Investments:
Post Office Monthly Scheme (POMIS): Rs. 15 lakh (interest used for PLI premium)
Fixed Deposits: Rs. 10 lakh each in government bank and local society
Stock Market Investment: Rs. 1 lakh
XPO.RU Trading & Investment: Rs. 1 lakh
Real Estate Holdings: Two plots worth Rs. 25 lakh
Insurance:
Excide Life (now HDFC Life): Maturing in 2030 with Rs. 10 lakh
NGIS (Naval Group Insurance): Rs. 7.5 lakh coverage until age 75
Health Insurance: Covered under ECHS
Investment Plan for Rs. 3 Crore in 10 Years
1. Maintain Emergency Fund
Set aside Rs. 10 lakh in a bank fixed deposit for liquidity.
This ensures cash availability without disturbing your investments.
2. Allocate Funds for Growth
Since you have no liabilities and receive a stable pension, you can take a moderate risk approach.

Invest Rs. 25 lakh in Mutual Funds (through a mix of large-cap, flexi-cap, and mid-cap funds).
Expect an average return of 12%-14% over 10 years.
Invest via Systematic Transfer Plan (STP) from a liquid fund to equity funds over 12 months.
3. Secure a Fixed Income Component
Invest Rs. 15 lakh in Senior Citizen Savings Scheme (SCSS) for stable returns and quarterly payouts.
Invest Rs. 10 lakh in RBI Floating Rate Bonds for inflation-linked returns.
4. Optimise Existing Investments
Surrender the insurance policy (if non-beneficial) and reinvest in mutual funds.
Monitor stock market and XPO.RU investment; withdraw if risk increases.
5. Portfolio Diversification
Keep 40%-50% in equity mutual funds for long-term wealth creation.
Maintain 30%-35% in fixed-income instruments for stability.
Hold 10%-15% in gold and real estate for diversification.
Final Insights
Your pension and rental income cover monthly expenses; investments will grow wealth.
The mutual fund portfolio will drive capital growth, helping you reach Rs. 3 crore.
Ensure periodic review of investments to align with goals.
Would you like a specific fund allocation plan?

Best Regards,

K. Ramalingam, MBA, CFP
Chief Financial Planner

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

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Radheshyam Zanwar |1325 Answers |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Mar 05, 2025

Question by Atanu - Mar 05, 2025Hindi

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Hello sir,I got 96.29 percentile in JEE mains 2025 session 1. Will I get electrical branch in nit Jamsedpur with ews category+ home state?

Ans: Hello Ananu
Chance is there to get admission to one of the NITs and that too Electrical branch. Best of luck.
Follow me if you’re satisfied with the reply; otherwise, ask again.
Thanks,
Radheshyam

Radheshyam Zanwar |1325 Answers |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Mar 05, 2025

Question by anamika - Mar 05, 2025Hindi

Career

My son got 95.07 percentile in Jeep mains jan attempt..can he get IIIT under general category

Ans: Hello Anamika
Under OC, he can get admission to one of the IIITs. Best of luck to your son.

Follow me if you’re satisfied with the reply; otherwise, ask again.
Thanks,
Radheshyam

Archana Deshpande |103 Answers |Ask -Follow

Image Coach, Soft Skills Trainer - Answered on Mar 05, 2025

Asked by Anonymous - Dec 17, 2024Hindi

Career

I am Priya from Varanasi, and I work from home as a project manager. I want some help to improve my digital body language, especially during video calls. I always try to stay focused and look engaged during meetings, but sometimes I feel like I might be missing out on some important non-verbal cues. How can I improve my online presence during video meetings and discussions with clients?

Ans: Hi Priya!

Wonderful to know that you are project manager and you want to improve your digital presence.

Body language is like learning any other language. It requires proper teaching, learning and then practicing the same to master it.

After the start of the work from home culture, taking care to present yourself well digitally has become very important.

It is important that you take care of your clothes, hair, make up, how much of you is visible, your backdrop, the angle of your camera, the use of your hands, the facial expressions, the voice modulation( so that ppl listen when you speak), you developing listening skills..... there is so much to learn.

I really cannot write here and teach you... this is all about showing you how to create your aura digitally.

This is my website..https://transformme.co.in/
Do get in touch to learn to create you amazing presence digitally.

Best wishes!!

Archana Deshpande |103 Answers |Ask -Follow

Image Coach, Soft Skills Trainer - Answered on Mar 04, 2025

Question by Sunil - Sep 10, 2024Hindi

Career

Hi Mam, Hope you are doing well. I am very worried about my son who is now 12.5 years old and studying in 7th standard in a very reputed school. Since childhood, he has no interest in studies, unless we doesn't seat in front of him, he doesn't study. Every teacher from his kindergarten days upto now has the same complaint that he is doesn't pay attention in class and the result is he doesn't get good marks in the exam. When we scold him for studies, he does it for that particular time only and then get back to his non-interest mode again and start to run from studies. He will play video games, goes to play around with his friends, he will find some or the other reason for not doing studies or homework. The irony is that he is not interested in any sports or any other kind of activities. In every summer holidays, we make him to join some sports or music classes, but there also he doesn't show interest and do things just for the sake of showing. From last year, we have started sending him to tuitions also, but no change in attitude. This year we have found a teacher of his reputed school who is retired and taking tuitions, we are sending him to her and she is charging a big amount for tuitions. please guide how can we change his attitude and make him more serious in any activity he does as he doesn't have interest in anything (we have observed doing everything we can).

Ans: Hello Sunil!!

I am doing great, thank you for asking, God bless you!

I can totally understand when you say you are worried.

Your son is 12.5, he will soon be a teenager. There will be different challenges, I want you to read up on parenting a teenager and be ready to handle him well.

The problem as I see it is that everyone of you, his teachers included have made studies like a burden for him.... and subjected the young child to a lot of anxiety, he just wants to run away form it....
"Every teacher from his kindergarten days upto now has the same complaint that he is doesn't pay attention in class".... this statement of yours... it is the teacher's duty to ensure the child listens to him/her, how can she start labeling a child like this. From a young age your son has been conditioned to believe that he is not not good in studies, he doesn't focus and he doesn't sit in one place. All my sympathies are with your son...every child comes with immense potential and it's our duty as parents and teachers to nurture the child.

The following is what I propose so that we bring him back to loving to learn ( not score marks, that should never be the barometer)-
1. Love your child the way he is now
2. Give him lot of positive strokes
3. Have one on one sessions for any activity you plan for him... let him choose the activity, empower him
4. choose a teacher, who can get along with him and help him develop a positive attitude towards studies and life in general
5. look for a school where they nurture him... not just a reputed one...less number of students and a teacher who is invested in her/ his students,

If you can connect with me, I can help him. Have had many a students in this kind situation.
This is my website..
https://transformme.co.in/

Loads of best wishes to the whole family..

Archana Deshpande |103 Answers |Ask -Follow

Image Coach, Soft Skills Trainer - Answered on Mar 04, 2025

Asked by Anonymous - Feb 12, 2025Hindi

Career

Hello mam, I am a BSc IT graduate. I have applied for a job at Credit Suisse that I aspire to crack and learn from. I have cleared the test and technical rounds and will soon be appearing for a personal interview at the Mumbai office. What kind of questions should I be prepared for? I only have 3 months of internship experience.

Ans: Hey, first of all congratulations on clearing so many rounds and reaching the personal interview round!!

Now regarding the preparations...

1. Be impeccably dressed for the interview, this shows you care. Also you need to appear professional and confident
2. Enter the interview room with confidence
3. Enjoy the whole process of being interviewed, it's about you, that's why it is called the personal interview
4. Prepare the questions that are relevant to your role and the company you will be working for. Know a little about the company's competitors
5. Prepare for the usual questions, tell us a little about yourself or introduce yourself, what are your strengths and weaknesses, why should we select you, etc .... these questions are for you to showcase the real you...in a positive light. This is where you show your authenticity
6. Prepare for the Q and A with someone asking you the questions and you replying

Have the confidence, you have come so far, I am sure you'll clear this round too!!

All the very best!

Dr Dipankar Dutta |909 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Mar 04, 2025

Asked by Anonymous - Feb 22, 2025Hindi

Career

Dear sir, my son has scored 99.614 in JEE Mains 1st session 2025. If he attempts 2nd attempt of 2025 & score below first session,which score does NTA consider. Is it averaging both scores? Please help.

Ans: No, NTA considers the best score out of both attempts, not the average.

Dr Dipankar Dutta |909 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Mar 04, 2025

Asked by Anonymous - Feb 26, 2025Hindi

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As my daughter scored jee mains 98.75 obc (ncl) can we csc in niit

Ans: Your daughter has a strong chance of getting CSE in mid-tier NITs and might get lower-ranked NITs in initial rounds. If she prefers top NITs, she can consider branches like CSE (specializations), IT.

Dr Dipankar Dutta |909 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Mar 04, 2025

Asked by Anonymous - Feb 26, 2025Hindi

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Category: General Percentile:99.741 Can I get CS at tire 1 Nit and Tier 1 IIIT

Ans: You have a very strong chance of getting CSE at top-tier NITs like Warangal, Surathkal, and Calicut and also at IIIT Allahabad, IIIT Delhi. See previous years' cut off

Dr Dipankar Dutta |909 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Mar 04, 2025

Question by Bagmita - Feb 26, 2025Hindi

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My daughter got 94.9 percentile in jee mains session 1 2025. Her domicile state is Assam and her category is general. Will she get nit silchar any branch

Ans: Yes, your daughter has a fair chance of getting admission in some branches. See previous years' cut off

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Tech Careers and Skill Development Expert - Answered on Mar 04, 2025

Asked by Anonymous - Mar 04, 2025Hindi

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I got 93.78 percentile. I belong to general can I still qualify for jee adavance

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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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