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Ramalingam Kalirajan |2330 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 30, 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 Srikanth on Dec 19, 2023Hindi

Money

Sir, I am investing in mutual funds for my kid higher education. Amount needed after 15 years is 1.0 crore. I am investing 4000 rs each in the following schemes. 1. Kotak emerging equity 2. Axis Value fund 3. Parag parikh flexi cap 4. ICICI US Bluechip fund Please suggest should I continue with these. Will the US fund will eat away my capital gains?

Ans: Continuing with your current investment approach for your child's education is a proactive step. However, let's review your fund selection:

Kotak Emerging Equity: Offers growth potential by investing in emerging companies. Review its performance and consistency to ensure it aligns with your investment goals.
Axis Value Fund: Focuses on value investing principles. Evaluate its track record and potential for long-term growth.
Parag Parikh Flexi Cap: Known for its diversified approach across market segments. Assess its performance and consistency over time.
ICICI US Bluechip Fund: Invests in blue-chip US companies. While it offers exposure to international markets, consider its currency risk and tax implications.
Regarding the ICICI US Bluechip Fund, investing in international funds can provide diversification but may also entail currency and tax implications. Capital gains from international funds are subject to capital gains tax in India, similar to domestic funds. However, currency fluctuations can impact returns.

Consider consulting with a Certified Financial Planner to evaluate the impact of international investing on your portfolio and whether it aligns with your risk tolerance and investment objectives. Additionally, review the performance and potential risks of each fund regularly to ensure they remain suitable for your child's education goal.

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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Question by Gurneet - Aug 03, 2022Hindi

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I have invested in the following mutual funds. I would like to continue for the next 7-8 years & this would be for my son’s higher education. I'm looking at the corpus of Rs 50 lakh. SIP: Rs 25000 per month and additional lump sum whenever I can. Canara Robaco Bluechip Fund - Rs 8000 per month and additional Lump sum - Rs 50,000 Parag Parikh Flexi Cap Fund - Rs 5000 per month and additional Lump sum of Rs 50,000 Mirae Asset Large Cap Fund - Rs 4000 per month and additional Lump sum - Rs 100,000 Axis Bluechip Fund - Rs 5000- per month and additional Lump sum - Rs 50,000 SBI Small Cap Fund - Rs 3000 per month Axis Mid Cap Fund - Rs 50000 (Lump sum) Axis growth Opportunities Fund - Rs 100,000 (Lump sum) All these were started around 7-8 months back. Kindly advice on the above funds

Ans: Good funds, with 25K SIP a corpus of 40 lacs can be created in 8 years.

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Question by Gurneet - Aug 03, 2022Hindi

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I have invested in the following mutual funds. I would like to continue for the next 7-8 years & this would be for my son’s higher education. I'm looking at the corpus of Rs 50 lakh. SIP: Rs 25000 per month and additional lump sum whenever I can. Canara Robaco Bluechip Fund - Rs 8000 per month and additional Lump sum - Rs 50,000 Parag Parikh Flexi Cap Fund - Rs 5000 per month and additional Lump sum of Rs 50,000 Mirae Asset Large Cap Fund - Rs 4000 per month and additional Lump sum - Rs 100,000 Axis Bluechip Fund - Rs 5000- per month and additional Lump sum - Rs 50,000 SBI Small Cap Fund - Rs 3000 per month Axis Mid Cap Fund - Rs 50000 (Lump sum) Axis growth Opportunities Fund - Rs 100,000 (Lump sum) All these were started around 7-8 months back. Kindly advice on the above funds

Ans: Good funds, with 25K SIP a corpus of 40 lacs can be created in 8 years.

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Head, Rank MF - Answered on Aug 03, 2022

Question by Gurneet - Aug 03, 2022Hindi

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I have invested in the following mutual funds. I would like to continue for the next 7-8 years & this would be for my son’s higher education. I'm looking at the corpus of Rs 50 lakh. SIP: Rs 25000 per month and additional lump sum whenever I can. Canara Robaco Bluechip Fund - Rs 8000 per month and additional Lump sum - Rs 50,000 Parag Parikh Flexi Cap Fund - Rs 5000 per month and additional Lump sum of Rs 50,000 Mirae Asset Large Cap Fund - Rs 4000 per month and additional Lump sum - Rs 100,000 Axis Bluechip Fund - Rs 5000- per month and additional Lump sum - Rs 50,000 SBI Small Cap Fund - Rs 3000 per month Axis Mid Cap Fund - Rs 50000 (Lump sum) Axis growth Opportunities Fund - Rs 100,000 (Lump sum) All these were started around 7-8 months back. Kindly advice on the above funds

Ans: Good funds, with 25K SIP a corpus of 40 lacs can be created in 8 years.

Ulhas Joshi |255 Answers |Ask -Follow

Mutual Fund Expert - Answered on Mar 07, 2024

Question by Masroor - Feb 02, 2024Hindi

Money

Hello Ulhas, I am 36 years old and I am currently investing around 1 lakh per month distributed among these Mutual funds . Quant small cap , ICICI prudential technology, ICICI prudential commodities, HDFC flexi cap .. Wanted to understand if I shall continue with these funds or change my allocation.. I am looking for atleast 6-7 years

Ans: Hello Masroor & thanks for writing to me. All the funds you invest in are good funds, however I notice that you are investing in 2 thematic/sectoral funds, ICICI Prudential Technology Fund & ICICI Prudential Commodities Fund.

Thematic/sectoral funds are dependent on the market cycles and may not be suitable at all times for all investors. If you are confident about your understanding of the themes, you can continue investing in these funds. If you are not confident, then you can consider pausing SIP's in these schemes & instead invest in ICICI Prudential Mid cap fund & SBI Blue Chip Fund.

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Dating, Relationships Expert - Answered on May 16, 2024

Asked by Anonymous - May 10, 2024Hindi

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Hello Sir, it has been 4 years since I got married. I have two kids. My wife loves me a lot. One day, in a casual conversation, she told me about her past life before marriage. I too had physical relations with a friend. Since then, I have been in depression. What should I do? I am unable to understand. Should I separate or leave her. Although now she keeps crying that that was the past. Now I love you very much, but I am unable to understand what to do. Please guide us. I feel that my life has been ruined. I am unable to understand ????????

Ans: Dear Anonymous,

I am assuming that whatever your wife confessed happened before you met her. And assuming that I want to ask you, are you seriously mad at your partner for having a life before you even existed for her? Is that even something to be concerned about? Everyone has a past. If you did not, that's your choice. She did, that's hers. How can you judge her for something that happened before you two got married? This anger, no matter how real it feels, is quite baseless. You are ruining your peace and marriage for nothing.

And you say, "She is crying that that was her past," why does she have to cry? It was indeed in her past. It is entirely up to the person whether they want to disclose it or not. Past is supposed to be in the past. Have a clear discussion with your wife. If things don't seem to cool down, I recommend seeing a marriage counselor who can help sort this issue in a more structured way.

Best Wishes.

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Dating, Relationships Expert - Answered on May 16, 2024

Asked by Anonymous - May 16, 2024Hindi

Relationship

Dear LG, Please keep this anonymous. I have been married since 6 years. However, since past 5+ years we have not been intimate. We haave a 5&1/2 year kid. Since his birth we have had a lot of differences and his family interference was lot leaving me alone and wounded. I don't stay with my husband and in-laws since then. I had made up that work is worship. But 2 years back I met a colleague. He is 10 years younger to me and we have extremely similar vibes. We enjoy each other's company and cared a lot. Eventually i fell in love with him. But he always knew he wont be able to go against his family. We also had relationship. Now he has strated looking for girls and wants us to stop being intimate. He is saying he wants to be friends and not loose me but not have relationship. We both work together in same space and our area of work is also same. I am unable to forgive my husband and forget this person. He never goes away. He is always there telling that I want to see you happy. He needs me for professional development. And i am not able to loose our relationship. He says physical intimacy only I cant have remaining Im there. Then again says I don’t know when I will be there so I am unable to give assurance or promise. I am tormented with a child, work and my health is getting affected. Can you please help?

Ans: Dear Anonymous,

I am sorry that you are in such a tough spot. My advice would be to move on. Yes, I realize that it is easier said than done but let's put things into perspective- first, you have no future with this man, and he has made it clear. Are you okay to keep hanging on to him while he builds his own life? I am assuming no, especially since you have a child. Second, what about your self-respect? He is directly telling you that this relationship is headed toward a dead end. Do you believe you deserve to be with someone who does not want to settle down with you? I believe you deserve better.

I am not blaming him because he made no promises. You are not to be held guilty either because you were in a tough spot and you grabbed the first emotional support you found. But the current reality is that he wants out. And convincing him to stay is not an option. At this point, moving on with your head held high is the best decision. If you want to accept his friendship, that is completely fine. But if that's too much for you, you can always decline it. I understand that working in the same space with an ex is difficult, but as long as you avoid interacting outside of the office and keep things professional, there should not be an issue. On the emotional front, I won't lie, it will hurt for a while. But this too shall pass. I strongly recommend you not to value yourself so low that you stop believing that you deserve a person who loves you back as much as you love him.

Best Wishes.

Sunil Lala |190 Answers |Ask -Follow

Financial Planner - Answered on May 16, 2024

Asked by Anonymous - May 13, 2024Hindi

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I am 25 and earning 41k a month. My monthly expenses are 19k and I save around 22k a month. I have started investing in mutual funds and investing 12k/month. My financial goal is to have a corpus of 4-5 Cr at the time of my retirement. Would like to retire at 55. Should I consider investing in NPS? Please advise.

Ans: Increase your SIP in mutual funds as with current investment of SIP you will be able to make 2.25 to 2.5 crore

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Question by Shambhu - May 13, 2024Hindi

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I am 45 yrs old .i hv started investing in Mutual fund through Sip approx month 2.4lakh since last 6 month. I hv plan to keep investing for next 3 yrs in same pattern and subject to availability of fund remaining I can continue further for next 5 yrs . Following are investment UTI nifty 200 momentum 30 index - 50 k Nippon nifty 250 small cap index fund -25k ICICI prudential mid cap 150 index fund-20 k HDFC s&p Sensex index fund-20 k Aditya Birla psu equity fund-20 k Motilal Oswal mid cap fund-20k HDFC infrastructure fund-20 k HDFC large and mid cap fund-10 k Quant small cap-10k Nippon small cap -10 k Parag flexi cap- 10 k Mahendra manulife multicap- 10 k Sbi contra fund-10 k Please advise on my fund selection and suggest which plan to to be removed or amend with new plan suggested from you

Ans: Your funds are good

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Dear All, I am 34 years old. I have 204 lakhs as savings out of with 110 lakhs is debt and 95 lakhs in equity majorly in Large Caps. I own a real estate which fetches me 30k every month. I have a EPF corpus of 28 lakhs and PPF of 15 lakh. I have 1 year old daughter. I am debt free with independent home and a package close to 35 lakhs. I want to know how do I further allocate the money. In Mutual Fund, Gold or SSY or continue to add equity and debt. I want to be Financially independent. Your view would be of great help.

Ans: Increase your allocation in equity or equity mutual fund as you are too young and your goals are long term.

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Financial Planner - Answered on May 16, 2024

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I am 30 years old now . Planning to retire early in next 10 years.I don't have any pension flowing in. What will be the corpus required to achieve 1 lakh per month in SWP method. Without reducing the corpus accumulated?

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Asked by Anonymous - May 14, 2024Hindi

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I'm a 36 Year-old parent with two children aged 2 and 3, prioritizing their education and marriage. Mutual Fund - All in monthly SIP (with yearly 10% increase) Mirae Large and midcap - 5500 SBI smallcap - 6500 ICICI value Discovery - 4000 Quant Active Fund - 4000 Motilal microcap - 1000 Axis Gold fund - 4000 (just started) Current MF value - 13.50 Lakhs (incl XXIR - 20%) LIC - 1,00,000 per year (15 years term) already 5 years over. Expectations: Next 15 years, both kids education - 2 cr. Next 20 years, both kids marriage - 2 cr. Could you review my portfolio, if I'm on the right track to achieve 4 crore.

Ans: Your funds are good but you may not reach to your goal of 4 crores

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Financial Planner - Answered on May 16, 2024

Question by Vaibhav - May 15, 2024Hindi

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Dear Sir, I have revisited my investments and found that some of them are not performing well with respect to their peers in their categories. Can I know your opinion on below funds - HSBC Aggressive Hybrid Fund, Adity Birla Sun Life Focused Fund, Canara Robeco Emerging Equities, SBI bluechip Fund. Should I keep my money invested in them, or should I move the money to better funds.

Ans: What is your age

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Asked by Anonymous - May 15, 2024Hindi

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Age - 43years, Own house - Value around 50 Lacs, MF investments - 35 Lacs, Equity SIPs running - 20k, FDs - Emergency fund (5 Lacs), Salary - 30 Lacs p.a., I would like to buy house of 2 crore in next 2-3 years.. when should I sell my current house which is valuing around 50 Lacs to have limited tax liability.

Ans: In the year of buying new house

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Financial Planner - Answered on May 16, 2024

Asked by Anonymous - May 15, 2024Hindi

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Hello sir, I am 33 years old and started my SIP one month ago with ?4,200/month invested in the following funds: SBI Contra Direct Plan Growth, HDFC Mid Cap Opportunities Direct Plan, Tata Equity P/E Fund, Quant ELSS Tax Saver, ICICI Prudential Equity & Debt Fund, HDFC Small Cap Fund, and Nippon India Large & Small Cap Fund. Can this portfolio get me ?2 crore return after 20 years? Also have plans later can add parag flexi, and quant mid cap.

Ans: Your SIP is 4200/- ?

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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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