Home > Money > Question

Sign In | Create an account

Language:

Now in हिन्दी too

Need Expert Advice?Our Gurus Can Help

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Aug 30, 2022

Mutual Fund Expert... more

Question by Rahul on Aug 30, 2022Hindi

Money

Or, if you want to suggest to me to invest in MFs then please advise with the name of funds and allocation. Thank you very much!

Ans: You may consider below funds:

Parag Parikh Flexi Cap Fund- Growth
Samco Flexi Cap Fund – Growth
UTI MNC Fund - Growth Plan
HDFC Index Fund - Sensex Plan - Growth

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.

MoneyReply

You may like to see similar questions and answers below

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Sep 01, 2022

Question by Prince - Sep 01, 2022Hindi

Money

I haven't invested any amount in MF so far but planning to invest for 15-20 years for early retirement. Kindly advise. My age is 34 years and can invest 10 k each month and will increase 10-15% every year.

Ans: You may consider below funds:

Parag Parikh Flexi Cap Fund- Growth
Samco Flexi Cap Fund – Growth
UTI MNC Fund - Growth Plan
HDFC Index Fund - Sensex Plan - Growth

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Mar 19, 2021

Question by Kiran - Mar 19, 2021Hindi

Money

I am an NRI, 43. I want to invest 5 lakh every year for next 10 years in MFs. Please advise.

Ans: Rs. 10000 in each per month

Axis ESG Equity fund – Growth
UTI Flexi Cap fund – Growth
PPFAS Flexi Cap – Growth
DSP Quant Fund – Growth

Omkeshwar Singh | Answer |Ask -Follow

Head, Rank MF - Answered on Oct 27, 2021

Question by Chitvan - Oct 27, 2021Hindi

Money

Please advise on the best MFs to invest in.

Ans: A few schemes that may be considered are:

1. Axis ESG Equity Fund - Growth

2. Motilal Oswal Focused 25 Fund - Growth

3. ICICI Prudential US Bluechip Equity Fund - Growth

4. SBI Magnum Global Fund - Growth

5. DSP Quant Fund - Growth

Ramalingam Kalirajan |6268 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 25, 2024

Question by MOHAMMED - Apr 25, 2024Hindi

Money

i want to invest one lakh in mf funds which best for more than 5 years.

Ans: It's wonderful to hear that you're considering investing for the long term. Investing with a horizon of over five years can offer the potential for growth while allowing your investments time to ride out market ups and downs. Have you thought about your risk tolerance and how comfortable you are with market fluctuations over this period?

A Certified Financial Planner would typically recommend a diversified approach to capture growth opportunities across different sectors and market caps. This can help spread the risk and potentially enhance returns over the long run.

Remember, investing is a journey, not a sprint. It's about patience, consistency, and making informed choices. As you embark on this journey, it's essential to stay updated, periodically review your investments, and make adjustments as needed.

May your investment journey be rewarding, both financially and in the wisdom it brings.

Ramalingam Kalirajan |6268 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Jul 22, 2024

Question by Siddharth - Jun 05, 2024Hindi

Money

Hi sir right now 22 I want to invest in MF around 2500 per month for next 28 years suggest some best MF

Ans: Investing in mutual funds is a smart decision. It's a great way to build wealth over time. Starting at 22 gives you a long investment horizon, which is advantageous.

Benefits of Mutual Funds
Diversification: Spreading risk across various assets.
Professional Management: Managed by experienced fund managers.
Liquidity: Easy to buy and sell.
Convenience: Suitable for different financial goals.
Evaluating Investment Options
Avoid index funds. They often track market indices passively. This means lower returns compared to actively managed funds.

Disadvantages of Index Funds:

Lower Flexibility: Limited to the index performance.
No Active Management: No adjustments based on market conditions.
Potential for Mediocre Returns: Follows the average market performance.
Instead, consider actively managed funds. They aim to outperform the market. Professional fund managers adjust the portfolio based on market trends.

Benefits of Actively Managed Funds
Higher Return Potential: Aims to beat the market.
Professional Management: Fund managers actively monitor and adjust the portfolio.
Flexibility: Can adapt to market changes.
Regular Funds vs Direct Funds
Investing through a Certified Financial Planner (CFP) has distinct advantages over direct funds.

Disadvantages of Direct Funds:

Lack of Professional Guidance: No expert advice.
Time-Consuming: Requires constant monitoring.
Higher Risk: Without professional insights, the risk increases.
Benefits of Regular Funds with CFP:

Professional Advice: Access to expert insights.
Better Decision Making: Informed investment choices.
Regular Monitoring: Constant portfolio reviews and adjustments.
Risk Management: Strategies to mitigate potential risks.
Recommended Strategy
Diversified Portfolio: Invest in a mix of large-cap, mid-cap, and small-cap funds.
Systematic Investment Plan (SIP): Invest Rs 2500 monthly via SIP.
Long-term Horizon: Continue investing for the next 28 years for optimal returns.
Steps to Start
Choose a Reliable Fund House: Ensure credibility and good track record.

Consult a Certified Financial Planner: Get personalized advice.

Start SIP: Automate your monthly investments.

Review Regularly: Monitor and adjust based on performance.

Final Insights
Starting early with mutual funds is commendable. By avoiding index funds and opting for actively managed funds, you can aim for better returns. Investing through a CFP provides professional guidance, ensuring informed decisions and effective risk management. Keep investing consistently, review periodically, and stay focused on your long-term goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Latest Questions

Dr Nagarajan J S K |113 Answers |Ask -Follow

Health Science and Pharmaceutical Careers Expert - Answered on Sep 11, 2024

Asked by Anonymous - Sep 09, 2024Hindi

Career

My brother is doing B. Pharma from kiit. What are career opportunities for B pharma graduates?

Ans: Hi,

After completing B.Pharm, there are relatively few opportunities compared to pursuing a postgraduate degree in pharmacy. I don't have an idea about your financial background, but if you are good at interacting with people, you can consider a career in marketing and sales, which offers many advantages.

The advantages of choosing marketing and sales include:
1. Good earning potential (more than INR 6.0 LPA)
2. After 3 years, you can pursue an MBA through distance education.
3. After 3 years, you can transition from field work to the product department (usually as a product executive), where you can guide the sales representatives.
4. After 5 years of experience in marketing, you can start your own third-party marketing company.

On the other hand, if you join another field, you may receive lower pay due to having only an undergraduate degree.

So, I strongly recommend considering a career in marketing and sales.

Vivek Lala |280 Answers |Ask -Follow

Tax, MF Expert - Answered on Sep 11, 2024

Question by Piyush - Aug 31, 2024Hindi

Money

Dear sir, i have got the shares in oct 23 after death of my brother as a i was nominee in dmat account . Now if i sell the shares and do charity, do i have to pay tax ? How to calculate cap gain tax as i do not know his purchase details

Ans: First the shares have to be transferred to your name and then you can sell the shares and pay tax
Yes tax has to be paid if any

Vivek Lala |280 Answers |Ask -Follow

Tax, MF Expert - Answered on Sep 11, 2024

Asked by Anonymous - Aug 31, 2024Hindi

Money

Sir, Assessess own commercial property rentals income from customersrs for functional hall rs:30 lacs f.y.23-24 Question: Assessess sec 44ad opt presumptive scheme eligibility or not

Ans: For any rental income, it has to be considered under rent and not professional income

Vivek Lala |280 Answers |Ask -Follow

Tax, MF Expert - Answered on Sep 11, 2024

Asked by Anonymous - Sep 10, 2024Hindi

Money

I am a student and I'm planning to take an educational loan of 20 lacs and then invest 12 lac in mutual funds to clear the loan amount after 5 years so is it fine to have that decision?

Ans: Hello, that can be a good idea on paper, provided you know that you will get a job after 2 years of studying and you can start with your EMI immediately. Just to put it in numbers :
Loan amount after 2 yrs at 9% - Rs.2376200
EMI will start after 2 yrs , lets assume you select 5 yrs, so the total interest cost will be - Rs.583360
Total Interest = 959560
Value of 12L after 7yrs at 13% cagr = Rs.2823126

VS the second option of taking a loan of 8L and having the same scenario , the interest cost will be = 150480 + 233409 = 383889

Hence by taking a loan of 20L and investing 12L in equity MF for 7 yrs total is a much more beneficial option

Do let me know your views on this on my LinkedIn profile, attaching my profile :
https://www.linkedin.com/in/ca-vivek-lala-21a2038b?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app

Radheshyam Zanwar | Answer |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Sep 11, 2024

Question by Sakshi - Sep 11, 2024Hindi

Career

Iam an electronics and communication engineering student who has dream of being an ias officer..now in this engineering field i got to know about gate exam..so wanted to give an attempt to it..so is there any similarities between gate and upsc examination...plz let know

Ans: Hi Sakshi

You are pursuing ETC. The purposes of GATE and UPSE exams are different. There are no similarities between the GATE and UPSE examinations. GATE is for pursuing PG in engineering and UPSE is conducted for civil services.

If you are dissatisfied with the reply, please ask again without hesitation.
If satisfied, please like and follow me.
Thanks.

Radheshyam

Radheshyam Zanwar | Answer |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Sep 11, 2024

Asked by Anonymous - Sep 11, 2024Hindi

Career

My daughter 12th science passed with PCB got average percentage we decide for B.pharm .please advise me is this xorrect decision and with this which courses can do in running time for best earnings

Ans: Hello
Even though your daughter scored an average %tage, she can join to B.Pharma course. This is one of the best choices for female candidates. Your decision is correct. Right now, it is not possible to earn based on any course in the running time. She can join any office as a part-time assistant for a few months till she completes any additional certificate course from an earning point of view. There are many certificate courses available in the market. Based on her interest, pl choose one of them of short duration and with minimum fees. Once it is completed, she can get a part-time job to start earning. But it is advisable that, instead of looking for short-term gain, tell her to focus more on her studies and excel in the subjects. Otherwise, if a candidate starts earning at an early age, lose concentration and focus on their studies.

If you are dissatisfied with the reply, please ask again without hesitation.
If satisfied, please like and follow me.
Thanks.

Radheshyam

Radheshyam Zanwar | Answer |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Sep 11, 2024

Asked by Anonymous - Sep 10, 2024Hindi

Career

Sir, I am currently in 12th and have taken PCM. I am interested in NDA, but I am unable to find alternate career options. Please suggest some career options in case I am unable to get through NDA.

Ans: Hello

You are in 12th and have taken PCM. One of the aims is to go for NDA but you are in a dilemma whether you will get it or not.
It would be suggestible for you that, please focus on the engineering entrance tests (either state or national level). Try to crack it. If not successful, then you try other options. To think of other options, you have ample time. Many career options can be easily explored after the 12th board + CET + JEE examinations. Please contact me after the exam is over. Based on the score (either good or bad) better options can be suggested to you. Best of luck with your upcoming examinations.

If you are dissatisfied with the reply, please ask again without hesitation.
If satisfied, please like and follow me.
Thanks.

Radheshyam

Nitin Narkhede |5 Answers |Ask -Follow

MF, PF Guru - Answered on Sep 11, 2024

Asked by Anonymous - Sep 10, 2024Hindi

Money

I have 10 lakh rupees which I want invest in MF. Please suggest some fund for lump sum amount to invest for 1 and half years.

Ans: Dear Friend,
Thank you for your query. 1.5 Years is a very short time for getting high returns. Investing Rs 10 lakhs in mutual funds for a short-term horizon of 1.5 years requires a cautious approach. For such small period, you should look for low to moderate-risk funds that offer stability with reasonable returns, as investing in high-risk equity funds might be too volatile for a short time frame. Since your investment horizon is just 1.5 years, avoid high-risk equity mutual funds as they can be volatile in the short term. Check for exit loads and tax implications before investing. Most short-term capital gains (if you withdraw before 3 years) from debt funds are taxed according to your income tax slab.
You have to evaluate your risk Appetite , Short-Term Debt Funds are invested in government securities, corporate bonds, and other debt instruments with short maturities, offering stability and moderate returns. For a 1.5-year investment, these are ideal as they are less volatile. you can expect 5-7% per annum Returns. You can think of
• ICICI Prudential Short Term Fund
• HDFC Short Term Debt Fund
• Axis Short Term Fund
• ICICI Prudential Corporate Bond Fund
• HDFC Corporate Bond Fund
• Aditya Birla Sun Life Corporate Bond Fund.
Best regards,
Nitin Narkhede
Founder & MD, Prosperity Lifestyle Hub https://Nitinnarkhede.com
Free Webinar https://bit.ly/PLH-Webinar

Radheshyam Zanwar | Answer |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Sep 11, 2024

Asked by Anonymous - Sep 11, 2024Hindi

Career

WHICH OONE WOULD BE BEST FOR DOING B.TECH CSE , MAHARAJA AGARSEN INSTITUTE OF TECHNOLOGY (IPU) OR G L BAJAJ NOIDA

Ans: Hello

If possible, prefer G.L. Bajaj Noida

If you are dissatisfied with the reply, please ask again without hesitation.
If satisfied, please like and follow me.
Thanks.

Radheshyam

Ramalingam Kalirajan |6268 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Sep 11, 2024

Question by Hanumantharao - Sep 10, 2024Hindi

Money

I have demat account in my name. Is it possible to make joint account with my son?

Ans: You cannot add a second holder to an existing demat account. Regulatory guidelines do not allow converting a single-holder demat account into a joint account.

However, you can open a new joint demat account with your son as a co-holder. A joint demat account allows multiple holders and can be an ideal option for family members wanting to invest together.

Options for Joint Investment
Opening a New Joint Demat Account:
You can open a new demat account where both you and your son will be joint holders.

Both holders can access and manage the account.
This is useful if you want to manage investments together.
Existing Account:
Since your current demat account is in your name only, you can:

Keep using it for your investments.
Add your son as a nominee to this account.
Alternatively, you can give your son Power of Attorney (POA) to manage the account on your behalf.

Joint demat accounts can be opened with two or more holders, but you cannot convert an existing single-holder account.
Opening a new joint account with your son is the best solution for combined investments.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

See more questions »

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.

Video Reply
Audio Reply

WhatsApp
Facebook
Twitter
Copy link

Delete

Close

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

Sign up

email

uname

mobile no

Country Code

Mobile number

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

Already have an account?

LOGIN

x