Home > Money > Question
Need Expert Advice?Our Gurus Can Help
Ramalingam

Ramalingam Kalirajan  |8356 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 24, 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
RASHITA Question by RASHITA on Mar 26, 2024Hindi
Listen
Money

kindly suggest some three mutual fund long term for the age for a person of 35 having income 1,25 lakh per month wants to invest 35000 per month as he is first time investor as early as possible

Ans: For a 35-year-old first-time investor with a monthly income of 1.25 lakh and a monthly investment capacity of 35,000, here are three mutual funds suitable for long-term investment:

Large Cap Fund:
Why: These funds invest in large, well-established companies that have a track record of stable growth. They are relatively less volatile and offer a good starting point for new investors.
Potential Choice: Large Cap Equity Funds that have a consistent performance history and a low expense ratio.
Multi-Cap Fund:
Why: These funds have the flexibility to invest across market caps, i.e., in large, mid, and small-cap stocks. This diversification can help in capital appreciation while managing risk.
Potential Choice: Multi-Cap Funds that have a proven track record of delivering consistent returns across market cycles.
Balanced Advantage Fund:
Why: These funds dynamically manage the equity-debt allocation based on market valuations. In bullish markets, they can increase equity exposure, while in bearish markets, they can shift towards debt, offering a balanced approach.
Potential Choice: Balanced Advantage Funds with a disciplined investment strategy and a focus on capital preservation along with growth.
Remember to consider the fund's past performance, fund manager's experience, expense ratio, and the fund house's reputation before investing. Additionally, reviewing and rebalancing the portfolio periodically can help in aligning it with your long-term financial goals. It's advisable to consult a Certified Financial Planner for personalized advice tailored to your financial situation and goals. Happy investing!
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

You may like to see similar questions and answers below

Ramalingam

Ramalingam Kalirajan  |8356 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Aug 27, 2024

Asked by Anonymous - Aug 27, 2024Hindi
Listen
Money
Hi Sir, my age is 47. I would like to invest 30000 per month for a period of 10 years for retirement. Could you please suggest 5 mutual funds where I can invest 6000 each?
Ans: At 47 years old, you're planning to invest Rs. 30,000 monthly over the next 10 years, with retirement as your primary goal. This approach is commendable as it aligns with the disciplined, long-term investment strategy required to build a robust retirement corpus.

Diversification Across Mutual Funds
Investing in five different mutual funds with Rs. 6,000 each per month is a smart move. It offers diversification, which helps mitigate risks and provides a balanced portfolio. Here’s how you can diversify:

Large-Cap Equity Fund: Large-cap funds invest in well-established companies with a solid market presence. These companies have a history of stable returns, which can provide a safety net in your portfolio. A significant portion of your investment should be allocated here, as it ensures stability.

Mid-Cap Equity Fund: Mid-cap funds invest in companies that are in their growth phase. They offer higher growth potential compared to large-cap funds but with slightly higher risk. Allocating a part of your investment here can add growth potential to your portfolio.

Small-Cap Equity Fund: Small-cap funds target smaller companies with high growth potential. Although they come with higher risk, they can offer substantial returns over the long term. A small portion of your monthly investment in small-cap funds can significantly enhance your portfolio’s growth.

Balanced or Hybrid Fund: These funds offer a mix of equity and debt investments, providing a balance between risk and reward. By including a hybrid fund, you add a layer of stability to your portfolio, which can be beneficial as you approach retirement.

International Equity Fund: Investing in an international equity fund offers exposure to global markets. This not only diversifies your portfolio geographically but also protects it against domestic market volatility. It’s an excellent way to hedge against local economic downturns.

Monthly Investment Strategy
Given the goal of retirement, a systematic approach with monthly SIPs (Systematic Investment Plans) is ideal. Here’s how you can allocate your Rs. 30,000 monthly investment:

Large-Cap Equity Fund: Rs. 6,000
Mid-Cap Equity Fund: Rs. 6,000
Small-Cap Equity Fund: Rs. 6,000
Balanced or Hybrid Fund: Rs. 6,000
International Equity Fund: Rs. 6,000
This allocation provides a balanced mix of stability, growth potential, and international diversification.

Evaluating and Rebalancing
Your investment journey doesn’t end with selecting funds. Regular evaluation is crucial. At least once a year, review your portfolio's performance and market conditions. Rebalance your portfolio if necessary to ensure it aligns with your retirement goals. For instance, as you approach retirement, you might want to shift more of your investments into less volatile funds, such as debt or balanced funds.

Final Insights
Your proactive approach to retirement planning is commendable. By investing Rs. 30,000 monthly across a diversified portfolio, you’re setting yourself up for a financially secure retirement. Remember, consistency is key, and with a disciplined investment strategy, you can achieve your retirement goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |8356 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Aug 30, 2024

Asked by Anonymous - Aug 29, 2024Hindi
Money
Hi Sir, I am a NRI. Planning to invest in India. Can you please suggest me a mutual funds for long-term investment (20-25 Years )? Can Invest 3.5 Lac per Month.
Ans: Investing in India as an NRI can be a smart move. A 20-25 year horizon is ideal for wealth creation. Your plan to invest Rs. 3.5 lakh per month is a significant commitment. It shows your focus on long-term growth.

Let’s break down how to approach this investment.

Importance of Diversification
Diversification is key to managing risks. You should spread your investments across different asset classes. It ensures that your portfolio remains stable even during market fluctuations.

Equity Mutual Funds for Long-Term Growth
Equity mutual funds are suitable for long-term investments. They offer higher returns compared to other asset classes. Over 20-25 years, they can help you achieve substantial wealth growth.

However, equity markets are volatile in the short term. But with a long-term approach, this volatility tends to smooth out.

Large Cap Funds: These invest in well-established companies. They provide stable returns with relatively lower risk. They are suitable for a solid foundation in your portfolio.

Mid Cap Funds: Mid-cap companies have higher growth potential. They are riskier than large-cap funds but can offer better returns in the long term. Adding them to your portfolio can enhance growth.

Small Cap Funds: These funds invest in smaller companies. They are more volatile but can deliver high returns. A small portion of your investment can go into these funds for aggressive growth.

Flexi Cap Funds: Flexi cap funds invest across large, mid, and small-cap stocks. They offer diversification within the equity space. They allow fund managers to shift investments based on market conditions.

Adding International Exposure
You already have some exposure to Indian markets. But adding international funds can further diversify your portfolio.

International Equity Funds: These funds invest in global markets. They reduce the risk of being too dependent on one economy. They also provide exposure to different sectors that may not be present in India.
Debt Funds for Stability
While equity is crucial for growth, debt funds add stability to your portfolio. They provide steady returns with lower risk.

Corporate Bond Funds: These invest in high-quality corporate bonds. They offer better returns than traditional fixed deposits while maintaining low risk.

Dynamic Bond Funds: These funds can adjust their portfolio based on interest rate movements. They provide flexibility and can optimize returns in different interest rate scenarios.

Short Duration Funds: These are suitable for a portion of your investment that you may need to access within a few years. They offer better returns than savings accounts with low risk.

Importance of Consistency and Patience
Investing consistently over 20-25 years requires discipline. The power of compounding works best with time and regular investments.

Avoid reacting to short-term market movements. Stick to your investment plan. It’s normal for markets to fluctuate, but over the long term, they tend to rise.

Reviewing and Rebalancing Your Portfolio
It’s important to review your portfolio regularly. As time passes, your risk tolerance may change.

Rebalancing: Rebalancing involves adjusting your portfolio to maintain your desired asset allocation. For instance, if your equity investments have grown faster than your debt investments, you might need to sell some equity and buy more debt to maintain balance.

Review with a Certified Financial Planner: Regular reviews with a Certified Financial Planner can help you stay on track. They can provide insights and help you make informed decisions based on your goals.

Tax Implications for NRIs
As an NRI, you should be aware of the tax implications of your investments in India.

Tax on Mutual Funds: Long-term capital gains from equity mutual funds are taxed at 12.5% above Rs. 1.25 lakh. Short-term gains are taxed at 20%. Debt mutual funds are taxed at the slab rate.

Double Taxation: If you reside in a country that has a Double Taxation Avoidance Agreement (DTAA) with India, you may be eligible for tax relief. Consult a tax expert to understand your specific situation.

Building a Robust Financial Plan
Your monthly investment of Rs. 3.5 lakh is significant. With this amount, you can build a substantial corpus over 20-25 years.

Setting Goals: Define clear financial goals. These could include retirement, children's education, or wealth creation. Knowing your goals will help you choose the right funds and asset allocation.

Emergency Fund: Ensure you have an emergency fund in place. This fund should cover at least 6-12 months of your living expenses. It will help you manage any unforeseen events without disrupting your investments.

Insurance: Make sure you have adequate life and health insurance. Insurance is essential to protect your family’s financial future.

Final Insights
Investing Rs. 3.5 lakh per month over 20-25 years in a well-diversified mutual fund portfolio is a powerful strategy. It can help you achieve substantial wealth creation.

Focus on diversification, regular investments, and staying disciplined. Review and rebalance your portfolio periodically to stay aligned with your goals.

Tax planning is crucial, especially as an NRI. Ensure you understand the tax implications and consult with a Certified Financial Planner for a comprehensive financial plan.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Latest Questions
Ramalingam

Ramalingam Kalirajan  |8356 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 14, 2025

Money
Dear Sir, i have 15 years service Balance, 3 daughters 1 son, Daughters ages 17, 15, 8 respectively. My earnings is per month 1.5 L, loan Balance is 7L, it will be closed with in 12 months. Gold is 20L , PPF & SSY 35L, other asset 125L (House and land), Kindly advice my future plans.
Ans: You are in a good position. Your income, assets and upcoming loan closure all show stability. You are supporting a family with three daughters and one son. Planning ahead now will make your future more peaceful.

Let’s break your plan under major heads. We will keep the language simple and to the point.

Family & Responsibilities Ahead
You have 15 years of service remaining. That gives a good earning window.

Your daughters are 17, 15, and 8. Educational goals will come soon.

The son’s age is not mentioned. But he will also need financial support later.

You have four children. Their needs will grow. Structured planning is key.

2. Present Earnings and Cash Flow
Monthly income is Rs. 1.5 lakh. That gives strong monthly cash flow.

Your EMI on Rs. 7 lakh loan will end in 12 months. That gives Rs. 30,000–40,000 free each month soon.

You should plan how to invest that EMI amount after loan closure.

Don’t let that amount get absorbed into unplanned expenses.

3. Assets and Investments – Review & Assessment
You have gold worth Rs. 20 lakh. Please don’t increase gold further.

Gold is not income generating. It is only a backup for emergencies.

PPF and Sukanya Samriddhi Yojana (SSY) together are Rs. 35 lakh. That’s a good base.

You also own house and land worth Rs. 125 lakh. That gives asset strength.

These are good for family security. But they won’t give monthly income.

You need liquid, income-generating investments for future years.

4. Immediate Actions Post Loan Closure
Once the loan closes, divert that EMI into monthly investments.

Use mutual funds for this. They give inflation-beating returns.

Choose actively managed regular mutual funds through a Certified Financial Planner.

Avoid direct funds. They lack professional monitoring and behavioural support.

Regular funds through a CFP help with discipline and guidance.

This is more important with a large family and many future goals.

5. Educational Goals – Urgent Planning Needed
Your eldest daughter is 17. Higher education may come in 1–2 years.

Second daughter is 15. Education cost may come in 3–4 years.

You need to build separate goal funds for them starting now.

Don’t use SSY or PPF for immediate needs. They are long term.

Begin mutual fund SIPs in conservative hybrid or multi-asset funds.

These give better return than FDs or gold. They also have lower risk than pure equity.

6. Marriage Goals – Start Early Planning
You have 3 daughters. Marriage funding is a major responsibility.

Begin allocating for this now. Even Rs. 10,000 per month helps a lot over 10–12 years.

Use balanced advantage or flexi-cap mutual funds. They manage risk better.

Avoid traditional insurance plans for this. They give poor returns and low liquidity.

7. Retirement Planning – Don’t Delay This
You have 15 years left in service. That’s a short horizon for retirement corpus.

At present, you have house, land, and some savings. But that won’t be enough for retirement.

Start SIPs focused only on retirement. Don’t mix this with education or marriage planning.

Use equity-oriented hybrid or flexi-cap mutual funds for retirement building.

Allocate at least Rs. 20,000–25,000 monthly for retirement corpus.

Increase this amount every year. Even 5% increase helps a lot over time.

8. Emergency Fund – Needed Immediately
You need to keep Rs. 5–6 lakh in an emergency fund.

Use liquid mutual funds or sweep-in FD for this.

Emergency funds give mental peace. They also avoid sudden loans.

Don’t use gold or real estate during emergencies. They are illiquid.

9. Insurance Review – Must Be Strong
You are the only earning member. Risk protection is very important.

You must have term insurance of minimum Rs. 1 crore.

Check if you already have it. If not, take it immediately.

Avoid ULIPs or endowment plans. They are poor on returns and costly.

Also, take family health insurance. Cover your wife and all children.

Hospital costs are rising fast. You must be ready.

10. Review of PPF and SSY – Maintain Discipline
PPF is a good long-term saving tool. You may continue yearly contribution.

SSY for daughters is excellent. Keep contributing till 15 years are over.

Don’t withdraw from them early. Let compounding work for 15 years.

11. Use of Gold – Passive Holding Only
You have Rs. 20 lakh in gold. That’s enough.

Don’t add more to gold. It doesn’t give regular income or growth.

It is better to shift some gold into mutual funds gradually.

This will make your portfolio more productive.

12. Tax Planning – Do with Purpose
Continue SSY and PPF for 80C benefits. Add ELSS funds if needed.

Don’t invest only for saving tax. Invest for long term growth.

Use equity funds to benefit from lower tax on long-term gains.

New capital gains rule applies:
LTCG above Rs. 1.25 lakh is taxed at 12.5%.
STCG is taxed at 20%.

For debt mutual funds, gains are taxed as per income slab.

Keep proper records of your investments for future tax use.

13. Avoid These Mistakes
Don’t keep all money in savings or FDs.

Don’t buy policies with insurance and investment combined.

Don’t postpone retirement planning. It needs time to grow.

Don’t depend on gold or land for retirement income.

Don’t invest directly in mutual funds without support. Mistakes are costly.

14. Children’s Financial Education – Very Important
Start educating your elder daughters about money.

Teach them budgeting, saving, and basics of investing.

They should grow into responsible money managers.

Involve them in simple discussions about goals and plans.

15. Wills and Nomination – Prepare in Advance
You have assets across gold, land, PPF, SSY, and bank.

Make sure all have nominations in place.

Prepare a simple will. It avoids family confusion later.

It also helps your children handle wealth better in future.

16. Portfolio Monitoring – Do It Monthly
Monitor your SIPs and goals each month.

Use help of a Certified Financial Planner for review.

Adjust investments based on market and personal changes.

Financial planning is not one-time. It needs regular checking.

17. Planning for Son – Keep Separate Allocation
You haven’t mentioned son’s age. But he needs future support too.

Allocate a separate fund for his education and other needs.

Keep it apart from your daughters’ goals.

18. Future Liquidity – Must Be Prepared
House and land are assets. But they are not easily sold.

Mutual funds and liquid savings give faster access.

Keep 30–40% of future savings in flexible instruments.

19. Mental Peace – Comes from Clarity
You already have strong base of assets and income.

Just bring more structure and purpose into savings.

With 15 years of service left, this is the best time to plan.

Finally
You are in a very positive position already. Your income and asset base is strong.

Just shift focus from passive assets to active financial planning.

Keep separate investments for each goal.

Track and review your plan every year.

Work with a Certified Financial Planner regularly. It will improve results.

Avoid shortcuts or high-risk products. Consistency is the key.

Keep your family involved. Their support will make the plan stronger.

Best Regards,
K. Ramalingam, MBA, CFP
Chief Financial Planner
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

...Read more

Ramalingam

Ramalingam Kalirajan  |8356 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 14, 2025

Money
Dear Sir, i have 15 years service Balance, daughters 1 son, Daughters ages 17, 15, 8 respectively. My earnings is per month 1.5 L, lian Balance 6L it will be closed with in 12 months. Gold is 20L , PPF & SSY 35L, other asset 125L (House and land), Kindly advice my future plans.
Ans: You are earning Rs.1.5 lakh per month.



You have a loan of Rs.6 lakh, closing in 12 months.



You have 15 years of service remaining.



You have three children. Daughters aged 17, 15, and 8.



You have gold worth Rs.20 lakh.



You have Rs.35 lakh in PPF and SSY.



You have other assets like house and land worth Rs.1.25 crore.



Appreciating Your Financial Discipline

You are earning a good monthly income.



You are almost debt-free within a year.



You are saving in long-term and tax-saving instruments like PPF and SSY.



You have no mention of any risky liabilities or investments.



You are caring for three children’s future. That is truly responsible.



Short-Term Priorities (Next 1-3 Years)

Ensure your Rs.6 lakh loan is closed in 12 months as planned.



Start a proper emergency fund. Keep at least 6 months’ income.



Create term life insurance. Choose minimum 15-20 times your annual income.



Ensure you and family have sufficient health insurance. Minimum Rs.10 lakh per member.



Do not use gold for daily expenses. Keep it as an emergency backup.



Review SSY investments. Maximise benefit till each daughter turns 18.



Medium-Term Planning (3-8 Years)

First daughter will need higher education soon. Plan for this in advance.



Second daughter also will need education funds soon.



Start SIPs in equity mutual funds. They give better returns over long periods.



You can start SIPs through a certified mutual fund distributor.



Use regular plans through MFDs with CFP guidance. Avoid direct funds.



Direct funds require more time, tracking, and understanding. Regular funds give advisor help.



Plan each child’s higher education separately. Fix budget and timeline.



Do not depend on gold or property for this.



Long-Term Planning (10-15 Years)

Retirement planning is important from now.



You have 15 years of service left. Use this time wisely.



Try to build a corpus that replaces your current income after retirement.



Invest in actively managed equity mutual funds for long-term goals.



Avoid index funds. They do not protect downside well in falling markets.



Actively managed funds give better flexibility and better sector selection.



Plan for daughters’ marriages. Set aside separate investments for each goal.



Use long-term mutual funds. Avoid FDs for long goals. FD returns may not beat inflation.



Consider laddering your FD maturity for liquidity management.



Children’s Future Planning

Keep SSY till maximum allowed age. It gives fixed returns and tax benefit.



Use mutual funds for education, not marriage.



Marriage expenses can be met from gold. But do not depend fully on it.



Begin education goal SIPs immediately. Choose different SIPs for each child.



Let SIPs run for minimum 5-8 years.



Use STP from lump sum, if required. Avoid investing lump sum directly in equity.



Retirement Readiness

You should create a retirement corpus from now.



Do not plan to sell property for retirement. Keep retirement income independent.



Build a mutual fund portfolio. You have 15 years to build.



Monthly SIPs are useful. Increase SIP amount every year.



Review your investments every 6 months with a Certified Financial Planner.



Do not stop SIPs even during market falls. That gives good long-term benefit.



Estate and Will Planning

You have three children. Create a will soon.



Divide your assets equally. This avoids future conflicts.



Include gold, land, PPF, SSY and investments in your will.



Appoint executor and keep one nominee in each account.



Tax Efficiency

You have PPF and SSY. They give good tax saving.



You can save more tax by investing in ELSS mutual funds.



ELSS gives Section 80C benefit and better returns than FD.



For retirement, equity funds are tax efficient. LTCG is taxed only above Rs.1.25 lakh at 12.5%.



Debt funds are taxed as per your slab. So use equity for long term.



Insurance Planning

Life insurance is missing. Create term plan immediately.



Choose term cover till your retirement age.



Do not invest in ULIP or traditional plans.



They mix insurance with investment. Returns are low. Surrender if you already hold them.



Use pure term plan. Rest of your money should go to mutual funds.



Finally

You are doing well in terms of income and assets.



You have short, medium and long-term goals.



Start SIPs. Create separate SIPs for each goal.



Protect family with term insurance and health insurance.



Avoid direct equity. Use mutual funds through certified distributors.



Avoid traditional life insurance plans, index funds, and annuities.



Make will. Keep financial documents safe and accessible to spouse.



Take advice from a Certified Financial Planner for review every 6 months.



Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

Ramalingam

Ramalingam Kalirajan  |8356 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 14, 2025

Asked by Anonymous - May 13, 2025
Money
What is SIP, Can I start at the age of 55?
Ans: You are asking a very important question. Appreciate your curiosity.

Let’s go step by step.

What is SIP?
SIP means Systematic Investment Plan.

It is a way to invest small amounts every month in a mutual fund.

You can start with as low as Rs.500 per month.

The money gets auto-debited from your bank account.

It helps you build wealth slowly and steadily over time.

Can I Start SIP at Age 55?
Yes, absolutely. You can start SIP even at 55.

There is no age limit to start a SIP.

Many people start SIPs even in their 60s.

What matters more is your investment goal and time horizon.

What Are The Benefits of SIP?
Helps in building corpus gradually.

Gives benefit of rupee cost averaging.

You don’t need to time the market.

Helps in financial discipline.

Can be linked to your retirement goal.

Is SIP Risky?
It depends on where you invest the SIP.

If it’s equity mutual funds, there will be market ups and downs.

But if held for long, they can give better returns than FD or gold.

Debt mutual fund SIPs are more stable but give lower returns.

How Long Should I Stay Invested?
Try to stay invested for at least 5 to 10 years.

Even at age 55, you can stay invested till age 65 or 70.

Retirement doesn't mean stopping SIPs. You can continue post-retirement too, if income allows.

Where Should I Start SIP?
Since you asked, let me also highlight something important.

If someone told you to invest in direct mutual funds, here’s what you need to know:

Why Regular Mutual Funds are Better than Direct Funds for You?
Direct plans look cheaper, but they don’t give personal guidance.

At age 55, wrong fund choice can cost you years of savings.

Regular mutual funds bought through a Certified Financial Planner (CFP) offer ongoing review, advice, and goal-based support.

CFPs help you align investments with your needs—like retirement, health, or your son’s wedding.

The small fee involved in regular funds is worth the peace of mind and expert care.

Should You Do Equity or Debt SIP?
This depends on your needs.

If you have more than 7 years, then equity mutual funds are better.

If you need money in 3 to 5 years, then hybrid or debt funds are better.

Do not put all money in one category. Balance it.

SIP is Not a Product – It is a Mode
This is often misunderstood.

SIP is not a fund or product.

It is a way to invest in a fund in small regular steps.

You can do SIP in equity fund, debt fund, or hybrid fund.

Can I Stop SIP Anytime?
Yes. You can pause or stop SIP anytime.

You are not locked in (except for tax-saving SIPs).

Flexibility is a major advantage of SIPs.

Should You Start SIP at 55?
Yes, and here’s why:

You still have more than 25 years of life ahead.

Life expectancy is increasing. You need money even after retirement.

SIP gives you an edge to build that retirement income.

Don't wait for perfect time. Start small, and scale up later.

How to Start?
First, consult a Certified Financial Planner (CFP).

They will assess your goals, risks, and duration.

Then they will recommend right mutual funds and SIP amount.

Make sure the SIP aligns with your retirement income needs.

What Mistakes to Avoid?
Don’t go only by past performance.

Don’t do SIP in random funds or based on friends’ advice.

Avoid direct funds unless you can manage everything yourself.

Don’t withdraw early unless necessary.

What If You Need Monthly Income Later?
After few years, SIP can be turned into SWP (Systematic Withdrawal Plan).

SIP builds the wealth, SWP gives you monthly income post-retirement.

This helps create regular cash flow, like pension.

Final Insights
SIP is simple, flexible and useful at any age.

55 is not too late. It is a perfect time to start.

Retirement may come soon. Start preparing today with small, consistent steps.

SIP is not magic. It needs patience, time, and guidance.

Let your money work even when you rest.

Take professional support from a Certified Financial Planner. That ensures peace of mind.

Best Regards,
 
K. Ramalingam, MBA, CFP,
 
Chief Financial Planner,
 
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

...Read more

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.

Close  

You haven't logged in yet. To ask a question, Please Log in below
Login

A verification OTP will be sent to this
Mobile Number / Email

Enter OTP
A 6 digit code has been sent to

Resend OTP in120seconds

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus
Sign up

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

Enter OTP
A 6 digit code has been sent to Mobile

Resend OTP in120seconds

x