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Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Dec 06, 2022

Mutual Fund Expert... more

Question by Abhinav on Dec 06, 2022Hindi

Money

I have been investing in 2 SIPs (Sbi Small cap and Sbi Magnum equity) Rs 2500 each from 2018. Right now I am 31 years. Now I am planning to start 2 new SIPs of Rs 2500 (making a total of Rs 10,000 in SIPs). My plan is to make a good corpus for my retirement at 60. Kindly suggest 2 more SIPs to invest and whether my current investment is good enough?

Ans: The two schemes that can be considered are:

HDFC Index Fund – Sensex Plan – Growth

UTI Flexi cap Fund – Growth

In 29 years the corpus that can be created by monthly investment of Rs 10,000 will be nearly Rs 4 Crs.

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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Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Jan 06, 2021

Question by vipul - Jan 06, 2021Hindi

Money

I am 43 yr. old & have following SIPs going as per the duration below. My horizon is next 5-10 years & want to build a corpus of 1 Cr for retirement. Please suggest if this OK. Risk Acceptance - Medium. Mutual Fund SIP Amount Months Started SBI Blue Chip – Growth 10,000 42 HDFC Mid Cap opportunities Growth 5,000 32 Sundaram Rural & Consumption Regular 5,000 25 TATA Equity P/E Fud Regular Growth 5,000 25 Kotak Blue Chip Fund Growth 5,000 7 Mirae Asset Large Cap Fund Regular 5,000 7 Axis Small Cup Fund 5,000 1

Ans: Monthly SIP of Rs. 40000 is adequate to build a corpus of Rs. 1 crs in 10 years.

Please continue with existing Tata, Mirae, Axis and can consider UTI Equity Fund - Growth, Axis Bluechip Fund – Growth and DSP Mid Cap Fund – Growth

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Financial Planner - Answered on Jul 23, 2023

Asked by Anonymous - Jun 03, 2023Hindi

Money

Hi , I am 44 years old , Currently I have invested in following SIPs , 1. SBI Multicap Fund - 5K , 2. SBI Small Cap Fund Direct Growth-5K , 3. SBI Focused Equity Fund Direct Growth- 5K , 4. Parag Parikh Flexi Cap -2K 5. PGIM India Midcap Opportunities Fund Direct-Growth - 1.5K 6. ICICI Prudential Bluechip Fund Direct-Growth-1.5K 7. Quant Flexi Cap Fund Direct-Growth-2K . Are these SIPs good to continue ? I want to invest another 5K in SIP, please suggest me some good options.

Ans: Your current SIPs are a good mix of equity funds. They provide you with exposure to a variety of asset classes and investment styles but we suggest you also maintain your asset allocation according to your age, risk profile, and goals.

Your current asset allocation is 100% in equity funds, and you don’t have any debt investments. So, we suggest you to change your asset allocation and add some hybrid/debt funds in your portfolio.
For the additional Rs. 5,000 SIP, we suggest investing in the Aggressive Hybrid category or Balanced Advantage category for the purpose of diversification and asset allocation.

Here are a few suggestion for aggressive hybrid and balanced advantage category:

Aggressive Hybrid - Mirae Asset Hybrid Equity Fund
Balanced Advantage – Edelweiss Balanced Advantage Fund

The best SIP for you will depend on your investment goal and risk tolerance.

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Tax, MF Expert - Answered on Aug 25, 2023

Asked by Anonymous - Jul 05, 2023Hindi

Money

Hi I am Mayank 41 yrs old i am doing SIP OF 11 k per month . 4000 :- PARAG PAREKH 1000:- MIRRAE ASSET 1000:- QUANT SMALL CAP 1000:- QUANT ACTIVE . 3000 :- HDFC MIDCAP OPPORTUNITS 1000 :- TATA SMALL CAP Kindly advise am i investing in right sips Also let me know what will be my corpus amount with approx interest. Also let me know am i investing in right funds . Kindly advise

Ans: Hello, the corpus amount depends on the time duration you will be investing, For eg if you are investing for 15yrs then your corpus at 12% xirr will be approx Rs.54.95L

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

Question by Faisal - May 15, 2024Hindi

Money

Hi i am 34 years old. I have started a 4 SIP each of 5000?, HDFC midcap opportunity fund direct growth, HDFC Index nifty fifty, Parag parekh flexi fund and Nippon India Small cap fund. Kindly suggest any changes or need to add more sip. I want to retire in next 12 years

Ans: Congratulations on taking proactive steps towards building your retirement corpus through SIP investments. Let's review your current portfolio and make necessary adjustments to align it with your retirement goal in the next 12 years.

Evaluating Your Current SIP Portfolio
Portfolio Composition
You've initiated SIPs in four funds, focusing on mid-cap, index, flexi-cap, and small-cap categories. This shows a well-diversified approach towards wealth creation.

Risk Profile
Your portfolio reflects a moderate to high-risk appetite, with exposure to mid-cap and small-cap funds known for their volatility.

Assessing the Need for Changes
Mid-Cap Fund
Advantage: Mid-cap funds have the potential for high growth, suitable for long-term wealth creation.
Consideration: Ensure you're comfortable with the higher risk associated with mid-cap stocks.
Index Fund
Advantage: Index funds offer broad market exposure at low costs, ideal for passive investors.
Consideration: While index funds offer stability, they may not outperform actively managed funds in bull markets.
Flexi-Cap Fund
Advantage: Flexi-cap funds provide flexibility to invest across market caps based on prevailing market conditions.
Consideration: Ensure the fund manager's strategy aligns with your investment goals and risk tolerance.
Small-Cap Fund
Advantage: Small-cap funds have the potential for high growth, but they come with higher volatility.
Consideration: Be prepared for fluctuations in returns and market risks associated with small-cap stocks.
Recommendations for Portfolio Optimization
Rebalancing the Portfolio
Consider rebalancing your portfolio to maintain an optimal asset allocation based on your risk tolerance and investment horizon.
Assess the current market conditions and performance of individual funds to make informed decisions.
Reviewing Fund Performance
Regularly monitor the performance of your SIP funds and assess their consistency in delivering returns.
Evaluate fund managers' track records, investment strategies, and portfolio compositions to ensure alignment with your goals.
Potential Addition of Debt or Hybrid Funds
Given the aggressive nature of your current portfolio, consider adding debt or hybrid funds to balance risk and provide stability.
Debt funds can provide steady returns with lower volatility, suitable for risk-averse investors approaching retirement.
Benefits of Regular Funds Investing through MFD with CFP Credential
Investing through a Certified Financial Planner (CFP) who is also a Mutual Fund Distributor (MFD) offers several advantages:

Personalized Advice: A CFP can provide tailored investment advice based on your financial goals, risk appetite, and investment horizon.

Portfolio Diversification: A CFP can help you build a diversified investment portfolio aligned with your objectives, spreading risk across various asset classes.

Ongoing Monitoring: With regular reviews and updates, a CFP ensures your investments stay on track to meet your goals.

Conclusion
Your current SIP portfolio demonstrates a proactive approach towards wealth creation for retirement. By reviewing and optimizing your portfolio periodically, you can ensure it remains aligned with your long-term financial goals. Consider consulting with a Certified Financial Planner (CFP) to receive personalized guidance and maximize your investment potential.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Relationships Expert, Mind Coach - Answered on Jan 19, 2025

Question by niveditha - Jan 18, 2025Hindi

Relationship

hi sir im in a relationship with a guy who i met in hyd we have been together since one year he is a hindu nd im a christian we both love eachother and wanna marry but my parents r against it bcoz he comes from a hindu family and they r forcing me to get married to a christian guy i love him i never got love from my parents when he is giving me the love i want my parents have seperated me from him im not able to understand what to do plz help

Ans: Dear Niveditha,
It’s important to start by having an open and honest conversation with your parents. Try to understand their concerns and share your feelings with them. Express how much this relationship means to you, focusing on the love, respect, and support you and your partner share, rather than just the religious differences.

If this approach doesn’t work, consider involving a trusted family member, friend, or community leader who might help mediate the situation. Sometimes, having an external perspective can help bridge the gap between differing viewpoints. You should also reflect on the long-term implications of your decision. Think about whether you’re ready to face the potential challenges of a mixed-religion marriage, including societal pressures and family dynamics. Having in-depth discussions with your partner about these issues is crucial to ensure you’re both on the same page.

If your parents remain opposed, you may need to consider seeking counseling or therapy. A counselor can help you process your emotions and provide strategies for dealing with family conflicts. They can also offer guidance on how to communicate more effectively with your parents. Building a support system outside of your family, whether through friends, mentors, or support groups, can also be invaluable during this time. It’s important to have people who understand and support your decisions.

Ultimately, the decision about whether to continue with your relationship despite your parents' opposition is yours. You’ll need to weigh the emotional and practical consequences, including the possibility of estrangement or ongoing family conflict. It’s vital to prioritize your happiness and well-being. If you believe that your relationship brings you genuine love and fulfillment, standing by your choice is valid. However, be prepared for the challenges that may come and have a plan in place to manage them. This is a deeply personal decision, and whatever path you choose should align with what feels right for you and your future.

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Relationships Expert, Mind Coach - Answered on Jan 19, 2025

Asked by Anonymous - Jan 19, 2025Hindi

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URGENT Hello kanchan ma'am Please help. I am a divorced working woman , with a daughter 8 yrs. I have been pursued for remarriage with a guy who is 10 yrs older to me and have 2 kids. 11 and 14 yrs respectively living in a small town. Initially it was agreed the elder child who is a boy would be living in hostel , but now since we are approaching near to the marriage, it seems the elder male child is going to stay at home and not hostel. This is making me really uncomfortable as I won't get much privacy also the male child is aggressive.Already handling one kid was difficult before. Also moving to small town was difficult transition from a metropolitan that I stay in. Moving there could mean losing job opportunities in future. I am really worried if I let this match go, I end up alone again. I am not able to make a decision, it's difficult to raise others children. It's just not naturally inbuilt in us.Although I try really hard to mould my thinking and be more generous, but somehow it suffocates me.

Ans: start by having a direct and open conversation with your prospective partner. It’s crucial to clearly communicate your feelings about the elder child staying at home, especially regarding the need for privacy and the impact of his aggressive behavior. Explain how this change affects your comfort and daily life, emphasizing the importance of maintaining a harmonious living environment.

In tackling the privacy issue, consider discussing potential adjustments to the home’s layout. Creating separate living spaces or setting up rules that establish personal boundaries can help ensure everyone feels comfortable. Developing a routine that allows for private time with your daughter will also be essential in maintaining a balance.

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Blending families is a significant emotional and practical challenge, so consider family counseling as a way to address potential conflicts and improve communication. A counselor can provide valuable strategies to help everyone adjust to the new living arrangements and understand each other’s perspectives. To ease into this change, propose a trial period where you can test the dynamics without committing long-term right away. This will give you the opportunity to evaluate how well you and your daughter adapt to the new situation.

Lastly, it’s essential to address your fear of being alone. Reframe this fear by focusing on the positives of independence. Remind yourself that it’s better to be single and emotionally secure than in a relationship that feels overwhelming or stifling. Use this time to invest in personal growth, hobbies, and building a fulfilling life for you and your daughter. Keeping an open mind about future relationships is healthy, but it’s important to ensure any new partnership aligns with your values and meets your emotional needs.

By taking these steps, you can approach the situation with clarity, ensuring that any decision you make is grounded in what’s best for your well-being and that of your daughter.

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Dentist - Answered on Jan 18, 2025

Question by Mahesh - Jan 18, 2025Hindi

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My mother age is 45+. her teeth are shaking and root of teeth are visible. One of dentist suggested to remove the old teeth and replace it. But my mother doesn’t want to replace. Is there any other treatment for cure. Because of this she is unable to eat properly and it affected her health. Please tell what to do

Ans: Hello
The condition you describe is rather common and usually linked to poor oral hygiene. Mobility of teeth and exposure of the roots is caused by abnormal recession of gums and simultaneous bone loss.
Please consult a Periodontist (a dentist who has specialised in treatment of diseases of the gums and jawbone). Provided the condition is not severe, it may be possible to save her teeth with periodontal surgery which may involve placement of bone grafting material or bone substitutes.

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NEET, Medical, Pharmacy Careers - Answered on Jan 18, 2025

Question by Yomrik - Jan 16, 2025Hindi

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Sir, my daughter cleared GPAT 2023, but still she is waiting for the scholarship. She will be also completing her Masters in Pharmacy this year, i.e., July/2025. Is she get that scholarship after completion of the course. Any idea? Please suggest.

Ans: The Pradhan Mantri Scholarship for Pharmacy Post Graduate Studies (GPAT) allows successful candidates to receive a stipend through Canara Bank. To access this scholarship, candidates must contact the institution where they are pursuing their postgraduate studies in pharmacy.

If the candidate has not yet CONTACTED the institution, she should contact her principal to facilitate this process, with the Pharmacy Council of India (PCI). If she has already submitted her request, she can expect to receive the stipend soon (according to PCI's circular). The funds will be directly credited to the candidate's bank account.

Please note that my student, who is pursuing a PG in Pharmacy, is receiving a stipend and has completed the GPAT in the year 2023.

For reference, the Pharmacy Council of India has released relevant circulars. For more details, please visit the PCI website. Additionally, videos related to the GPAT scholarship for 2023 are available on YouTube.

If you need any additional information, please feel free to ask your question.

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NEET, Medical, Pharmacy Careers - Answered on Jan 18, 2025

Asked by Anonymous - Dec 03, 2024Hindi

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Hi My child is 14 year old and will be appearing grade 10 NIOS board exam in april 2025 in parts ie remaining maths n science subjects in oct 2025. Without giving NEET exams which field in medical line is good and having a combination of computers? In 11 n 12 she'll be joining regular college.

Ans: HI,
She should consider taking PCMB in her +2 because it offers numerous options for higher education after completing the course. Without the need for NEET, she can pursue the following courses:

- Bachelor of Naturopathy and Yogic Sciences (BNYS)
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NEET, Medical, Pharmacy Careers - Answered on Jan 18, 2025

Question by Mayuri - Jan 16, 2025Hindi

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Dear sir, I have my father's name in between first and last name in my adhar card but in my 10th CBSE marksheet I don't have my father's name in between my first and last name. According to NTA 14 Jan. 2025 notification name of candidate in adhar card according to 10th marksheet so what should I do now?

Ans: Hi Mayuri,

Is your name the same as it appears on your birth certificate? Your name has been registered according to your birth certificate for the 10th class. Therefore, the birth certificate is the primary document registered with the local municipality or corporation. When you change your name on your Aadhaar card, they will require proof, so please attach your birth certificate when making the change.

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Tech Careers and Skill Development Expert - Answered on Jan 18, 2025

Asked by Anonymous - Jan 18, 2025Hindi

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web development courses for students beneficial for college application

Ans: It will depend on type of course and college. So, pl specify college and course.

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Question by Divesh - Jan 17, 2025Hindi

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I have completed B-Pharma and have experience of 2 years in life science domain, want to pursue MBA in data science. Is it a good decision?

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Insurance, Stocks, MF, PF Expert - Answered on Jan 17, 2025

Asked by Anonymous - Jan 17, 2025Hindi

Money

I'm 35 years old. I'm earning 1.3 lakh per month. I want to invest INR 65000 per month for retirement when I become 50 years old. My current expenses 65000 per month. Please guide me.

Ans: Hello;

Current expenses of 65 K will reach a level of around 1.35 L in 15 years from now when you reach 50 age.

Even if you put entire 65 K in pure equity mutual funds for 15 years it looks tough to generate fixed monthly income good enough to cover your expenses fully at that time.

Hence my suggestion is you get into semi-retirement after 50 and continue some vocation or profession of your choice to also keep you occupied and generate some income for the next 10 years.

However I propose that you start a monthly sip into a combination of pure equity mutual funds for 45 K for
the next 15 years. (10 K each in flexicap, multi cap and large & midcap fund and 5 K in small cap)

This may yield you a corpus of around 2.27 Cr assuming modest return of 12%. This may provide you a post tax monthly income of around 96 K. You need to suppliment this through your alternate vocation.

Also start a monthly investment of 20 K into NPS with the intent to continue it till 60 age. At 60 this may grow into a corpus of around 3.8 Cr considering modest return of 8%.

The combined corpus of 6.07 Cr may yield you a monthly income of around 2.2 L post tax which is in line with your inflation adjusted expenses for 25 years.

Happy Investing;
X: @mars_invest

Prof Suvasish Mukhopadhyay |301 Answers |Ask -Follow

Career Counsellor - Answered on Jan 17, 2025

Question by VIKAS - Jan 04, 2025Hindi

Career

I am working as finance head in Private sector in Delhi ,My Son is pursuing B Tech in P.E.(Engineering Physics)2021 batch from DTU Delhi , He is in final year and shall complete in June 2025, He is still unplaced as the hiring these days are very low due to prevailing conditions. Pl. suggest the best options for him whether to look for the job or should look for the higher education and if higher education what should he do and from where

Ans: Let him go for M.Tech through GATE and regarding institutes search in net, Regards. Professor...........................:)

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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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