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Ramalingam Kalirajan |8077 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 07, 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 - May 01, 2024Hindi

I want to invested rs.9000 per month for 15 years to get a pension 25 thousand monthly. Where should I invested to Achieve my goal? If I do sip through swp then which fund will be good for me for achieving my goal?

Ans: To achieve your goal of receiving a monthly pension of 25,000 rupees after 15 years with an SIP investment of 9,000 rupees per month, we'll need to select suitable funds that offer growth potential while managing risk. Here's a suggested approach:

Investment Strategy:
Given your goal of creating a pension income, we'll focus on funds with a balanced approach that offer both growth potential and stability.
Investing in a combination of equity and debt funds can help optimize returns while managing risk over the long term.
Fund Selection:
Consider allocating your SIP investment across a mix of equity funds for growth potential and debt funds for stability.
Opt for funds with a track record of consistent performance and a strong portfolio management team.
SIP Through SWP:
You can structure your investment as an SIP followed by a Systematic Withdrawal Plan (SWP) to generate a regular income stream post-retirement.
Choose funds that offer the option for SWP and have historically provided steady returns with relatively low volatility.
Fund Recommendations:
For equity exposure, consider diversified equity funds or balanced advantage funds that invest in a mix of large-cap, mid-cap, and small-cap stocks.
For debt exposure, opt for short to medium-term debt funds or hybrid funds with a significant allocation to debt securities.
Risk Management:
Given your investment horizon of 15 years, you can afford to take a moderate level of risk.
However, it's essential to periodically review your portfolio and adjust your asset allocation based on market conditions and your risk tolerance.
Professional Advice:
Consult with a financial advisor or Certified Financial Planner to tailor an investment strategy that aligns with your goals, risk profile, and investment horizon.
A professional can help you select suitable funds, monitor your portfolio's performance, and make adjustments as needed to stay on track towards achieving your pension income goal.
By investing systematically and prudently over the long term, you can work towards building a corpus that will generate the desired monthly pension income of 25,000 rupees after 15 years. Remember to stay disciplined in your investment approach and regularly review your portfolio to ensure it remains aligned with your financial goals.

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