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Ramalingam

Ramalingam Kalirajan  |6991 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 01, 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 - Feb 20, 2024Hindi
Money

I m 49yrs, investing in SIP since 2019, started with Rs.10k/month, now Rs.20k/month. This month invested Rs.10lk in 4 equity linked MFs. Expecting Rs.43lks from PPF by 2031. How should I go further to have monthly income of Rs.2lk after 60yrs of age? How can I earn Rs. 80,000 in 12 months by investing just Rs. 4,000? Not possible in my opinion. I will continue to track answers i wish to learn from other experts.. I am 31 years-old & investing INR 110k/ month in various SIPs in India since July 2015. How can I make 10 Crores in 10 years from now? I have invested in PPF and Bank FD, and asset allocation in my SIP portfolio is appropriate as of March 2016. Good job! your thinking process is abolutely perfect. You have a set goal to achieve an end number of Rs10crores. But it will lead to utter failure- I will explain in a moment- And you also have a good savings rate of Rs1.1l per month which adds up to Rs13.2l per year. So assume even if your investments yield 0% returns over the long period it would still amount to Rs1.32crores. Now don’t get upset when I say 0% returns. When you invest in equities, you have the worst scenario in your mind before you venture. Preparing for the worst is preparing to succeed. Now lets look at your preferred mode of If I invest 15000 INR every month in SIPs, how much returns can I expect by the end of 15-20 years? *Answering this question from my perspective* As I am going to invest for a long term, I would choose EQUITY funds. ( No debt or hybrid) Per month I am going to invest Rs 15000. So, it amounts to 1 lakh 80 thousand per year and 36 lakhs for 20 years. In this case, I am assuming an annual returns of 12% as it is equity fund and any good equity fund can give 12% returns. At the end of 15 years, Amount Invested= 27 lakhs Wealth Gain= 48.7 lakhs Expected Total amount= 75.7 lakhs At the end of 20 years, Amount Invested= 36 lakhs Wealth Gain= 1.1 crore Expected Total amount= 14987219 ( 1.5 Crores) I hope this an If I invest ?1000 for 10 years in SIP what will be my returns? I want to invest 2K per month for two years in SIP. What are the best SIP Plans for that? If I plan to invest Rs. 3000 in SIP every month, should I put it all in 1 best MF or Rs. 500 each in 6 different MFs? I have Rs. 50,000 with me to invest. Where can I invest so that I get an insured monthly return of Rs. 10,000? Rs. 10000 per month means 240 percent per annum rate of interest You cannot get through investments anywhere in the world If you have financial discipline and know the techniques of doing any business activity, you can definitely get the return in the long run See the example: Buy clothes worth Rs. 50000 (need not be in a single day). You have purchased 500 pieces at Rs. 100 per piece. Start selling th Where should I invest Rs 30,000 every month? Hey Keshav, I am not a Financial Adviser, so i can’t advise where to invest, but here’s what i will do as a middle class investor. Split that 30K into three parts: 15,000 - Plan A I will invest this money in Fixed , PPF or RD deposit every month without fail, i will make sure, all the interest generated will also be put back into this account again and again. until i really need it for emergency or re-investing it in Home down payment, This money will only be for the most important need. 10,000 - Plan B I will take the next 10K, and split it in to 7K and 3K. With 7K i will find two good mutual funds If I plan to invest Rs. 3000 in SIP every month, should I put it all in 1 best MF or Rs. 500 each in 6 different MFs? First of all, any mutual fund question is incomplete without a Goal and Individual Age. Have you thought why you are investing 3000 and till what period ? What is your target amount? Without having answers to these questions it doesn't matter you invest in 1 fund or 100 funds. Now for your purpose we make assumption that you are now 25 years old and you need 80 lakhs amount for your child higher education after 25 years (that is your child may be at a age of 21) So as you are investing early I assume you could take a bit higher risk and target small cap funds with 15% annual returns expectation I If I invest 2,000 rupees per month in SIP for 10 years, in which fund should I invest, and how much will I get a return after 10 years? My suggestion would be to go for Mid Cap Mutual Funds. There are quite a number of Good Mid Cap Funds available for investments like: Quant Mid Cap Fund, Nippon India Growth Fund, HDFC Mid Cap Opportunities fund, SBI Magnum Mid Cap fund etc. etc. Now how much you will get after 10 Years. For Example Quant Mid Cap Fund - Direct Plan has NAV of Rs 197.99 its 3 years returns are 36.83 % and returns since launch of fund is 18.64 % and its assets under management is Rs 3781 Crores. Suppose you do Monthly SIP in this fund for 10 years or 120 months and we assume the fund will return 15 % average then you I want to invest in SIP, 1000 per month for 5 years. Is there any SIP available with this amount? You can start your investment in mutual funds via SIP of Rs. 1000 for 5 years. Checkout following schemes in which you can begin your investment. Reliance Tax Saver ELSS G Axis Long Term Equity Fund G SBI Magnum Multicap Fund G ICICI Pru Value Discovery Fund G L&T Tax Saver Fund G HDFC Long Term Advantage Fund G Franklin India Tax Shield Fund G Sundaram Diversified Equity G UTI Mastershare G UTI Balanced Fund G UTI Bond Fund G Sundaram Money Fund G Following calculations are takes place : Monthly Investment (SIP) = Rs. 1000 Time Horizon (in years) = 5 years Expected Return (%) = 12.5 Total SIP Amount Invested What should I do with Rs. 50,000 to earn Rs. 10,000 per month? There are lots of things you can do with your Rs 50,000 but if you invest in bitcoin, stock exchange or start trading you first have to know how these things work don't Just invest blindly. I would suggest you invest it in yourself get knowledge, get smarter. Look at it this way right now the 2ND richest person on this planet is Jeff Bozos the CEO of Amazon. Yes he's a billionaire. Now think about it for a second does Amazon have physical store ? No. Does it advertise on TV ? No. It all started form internet and it's where it generates it's traffic from. In America about 50% of people earn from I want to invest 15-20k per month in SIP, how much return is expected after say 2-3 years? Of Rs.20,000 invest Rs.10,000 in Equity mutual funds, Rs.5,000 in Balanced funds and Rs.5,000 in Debt mutual funds. Normally it will more than 3 years to see decent return from equity & balanced mutual funds but the return will be good around 13% to 15% (Tax free). As for debt funds, you will see returns sooner and it will be around 9% (Taxable). In three years returns won’t be much. You will be investing around Rs.7 lakh and you may have return of around Rs.60,000 after 3 years. But as years goes on, power of compounding takes effects and you will see massive returns in long term like in 15 ye I have Rs. 50,000 with me to invest. Where can I invest so that I get an insured monthly return of Rs. 10,000? I recommend you to invest in yourself by doing a professional course so that you stop asking these type of question. By investing money in yourself you may open a business for yourself and can much more. On investment term, the monthly return of 20% is possible only in a poonzi scheme where chances of losing money are very high. How can I generate a monthly income of Rs 50,000 from Rs 20 lakh? Learn “Income investing” method which goes on like this: Buy a basket of banks : HDFC BANK, ICICI and Kotak. These 3 make the major market cap of all banks. You can put these “Shares as Margin” with good brokers like ICICIDIRECT and get up to 85% of amount as margin. Thus investment of 20L gives u a margin of about 17L. Sell Banknifty (BN) call contracts about 40–50 days from current date and such that the premium comes close to ?50,000 ?50k premium needs to write 2500 points of BN contracts as the lot size is 20. Writing 1 Lot requires about 60k of capital. With 17L capital, you can write about 2 If I invest 1000 per month in SIP for 20 years, how much will I return after 20 years? For this amount, which fund is best for me? If you Invest in SBI Small Cap Mutual Fund thru SIP of Rs 1000 per month for 20 Years or 240 months then your Expected Fund value at the end of the 20 th Year would be Rs 24,38,856.38 approx. SBI Small Cap Fund is currently returning 25.81 % average since its launch. However, in the above calculation I have considered only 20 % average returns. Your total Investment Rs 1... If I plan to invest Rs. 3000 in SIP every month, should I put it all in 1 best MF or Rs. 500 each in 6 different MFs? It depends. If u want to have sound sleep in nights without worrying about fluctuations, balanced advantage funds r great. In theory they follow the principle of BUY LOW and SELL HIGH. Again it's a very individual preference. Everyone is UNIQUE and should invest as per his/her capacity and personal situation. Ideal would be to invest in combination of NIFTY 50 index funds and NIFTY next 50 index funds Again the proportion can vary from 70:30 to 50:50. Many people will say I have high risk tolerance but remember to recover 5% loss u haveto earn double 10 % of profit and so on. So it's better to have hi If I invest ?1000 for 10 years in SIP what will be my returns? I want to invest 2K per month for two years in SIP. What are the best SIP Plans for that? If I plan to invest Rs. 3000 in SIP every month, should I put it all in 1 best MF or Rs. 500 each in 6 different MFs? Where do I invest Rs. 2000 per month for SIP? What if I started investing 2000rs / month in SIP for 40 years? Which SIPs are good for investing Rs 500 per month to get Rs 20 lakh and above after 16 years? Which are the best long-term MF SIPs to invest Rs. 4,000 per month? How do I invest 500 Rs per month? What capital do I need to invest to get Rs.20K per month in dividends? I want to invest 5000 (fixed) as SIP every month for my sister for 10-15 years for a corpus of 30 lakhs. What are some good funds for investment?

Ans: It's great that you're exploring investment options and seeking advice. Investing in SIPs can be a prudent way to build wealth over the long term. Here are some general considerations and principles to keep in mind:

Diversification: It's often recommended to diversify your investments across different asset classes and fund categories. This helps spread risk and maximize potential returns. Consider allocating your investments across equity, debt, and balanced funds based on your risk tolerance and investment objectives.

Investment Horizon: Determine your investment horizon, which refers to the length of time you plan to stay invested before needing to access the funds. Longer investment horizons typically allow for more aggressive investment strategies, whereas shorter horizons may necessitate a more conservative approach.

Risk Tolerance: Assess your risk tolerance carefully and choose funds that align with your comfort level. Equity funds tend to offer higher potential returns but also come with higher volatility and risk. Debt funds, on the other hand, offer lower risk but typically lower returns.

Expense Ratio: Pay attention to the expense ratio of the mutual funds you're considering. Lower expense ratios can translate to higher returns for investors over the long term, as less of the fund's assets are consumed by fees and expenses.

Fund Performance: While past performance is not indicative of future results, it's still essential to review the historical performance of mutual funds before investing. Look for funds with a consistent track record of delivering returns that align with your investment goals.

Review Regularly: Regularly review your investment portfolio and make adjustments as needed based on changes in your financial situation, investment goals, and market conditions. Rebalancing your portfolio periodically can help ensure that it remains aligned with your objectives.

Seek Professional Advice: If you're unsure about which funds to choose or how to construct a well-diversified portfolio, consider seeking advice from a qualified financial advisor. An advisor can assess your individual circumstances and help tailor an investment strategy that meets your needs.

Remember that investing involves risks, and it's essential to conduct thorough research and exercise due diligence before making any investment decisions. By following these principles and investing consistently over time, you can work towards achieving your financial goals.

Best regards.
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

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Feb 20, 2020

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I am presently doing a monthly SIP of Rs 60,000 in following funds and increase it every year by 10%. Kindly suggest me whether I am on right track or need some changes as my target is to generate at least Rs 12 crore in next 20 years for my retirement & daughter’s marriage. ICICI Bluechip Fund- Rs.3000 ICICI Value Discivery-Rs.3000 ICICI Mid Cap-Rs.2000 ICICI Multicap- Rs.2000 Motilal Oswal Multicap-35 – Rs.7000 Motilal Focussed 25- Rs.2500 Mirae Asset Large Cap-Rs.6000 HDFC Balanced Advantage-Rs.8000 Kotak Standard Multicap-Rs.6000 Franklin Smaller Companies Fund- Rs.6000 Axis Long Term Equity Fund-Rs.15000  Also investing about Rs 4,00,000/annum in NPS, ULIP, LIC & FDs. Name of the Fund Category RankMF Star Rating A. ICICI Bluechip Fund- Rs.3000 Equity - Large Cap Fund: 2 B. ICICI Value Discivery-Rs.3000 Equity - Value Fund: 2 C. ICICI Mid Cap-Rs.2000 Equity - Mid Cap Fund: 2 D. ICICI Multicap- Rs.2000 Equity - Multi Cap Fund: 2 E. MotilalOswal Multicap-35 – Rs.7000 Equity - Multi Cap Fund: 5 F. Motilal Focussed 25- Rs.2500 Equity - Focused Fund 5 G. Mirae Asset Large Cap-Rs.6000 Equity - Large Cap Fund: 4 H. HDFC Balanced Advantage-Rs.8000 Hybrid - Balanced Advantage 4 I. Kotak Standard Multicap-Rs.6000 Equity - Multi Cap Fund: 4 J. Franklin Smaller Companies Fund- Rs.6000 Equity - Small Cap Fund: 1 K. Axis Long Term Equity Fund-Rs.15000 Equity - ELSS 5
Ans: You may continue with 4 and 5 star rated funds; for remaining you may consider from below:

Equity - Value Fund:

  1. Tata Equity Pe Fund - Growth
  2. UTI Value Opportunities Fund - Growth Plan

Equity - Multi Cap Fund:

  1. UTI Equity Fund – Growth
  2. Axis Multicap Fund – Growth

Equity - Large Cap Fund:

  1. UTI Mastershare Unit Scheme - Growth Plan
  2. LIC MF Large Cap Fund-growth

Equity - Mid Cap Fund:

  1. MOSL Midcap 30 Fund – Growth
  2. DSP midcap – growth

Equity - Small Cap Fund:

  1. Kotak Small Cap Fund – Growth
  2. Axis Small cap Fund - Growth

..Read more

Ramalingam

Ramalingam Kalirajan  |6991 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 26, 2024

Asked by Anonymous - Feb 20, 2024Hindi
Money
I m 49yrs, investing in SIP since 2019, started with Rs.10k/month, now Rs.20k/month. This month invested Rs.10lk in 4 equity linked MFs with 50% in liquid fund for 6months. Expecting Rs.43lks from PPF by 2031. How should I go further to have monthly income of Rs.2lk after 60yrs of age OR any other suggestion ylto have better corpus accumulation for retired life after 60yrs of age?
Ans: Thank you for sharing your financial journey and goals. Let’s create a plan to help you achieve a monthly income of Rs 2 lakhs after the age of 60 and accumulate a substantial retirement corpus.

1. Current Financial Situation and Goals
You are currently 49 years old and have been investing in SIPs since 2019. Your current SIP investment is Rs 20,000 per month. You recently invested Rs 10 lakhs in four equity-linked mutual funds, with 50% in a liquid fund for six months. You expect Rs 43 lakhs from your PPF by 2031.

Your primary goals are:

Achieving a monthly income of Rs 2 lakhs after 60.
Accumulating a substantial retirement corpus for a comfortable life post-retirement.
2. Analyzing Your Investments
SIP Investments
SIP investments are a great way to build a corpus over time. With Rs 20,000 per month, you are already on the right path. SIPs help in averaging out market volatility and building wealth over the long term.

Lump Sum Investment
You have invested Rs 10 lakhs in equity mutual funds, with half in a liquid fund. This strategy provides growth potential while ensuring liquidity for short-term needs.

PPF
Your PPF account is expected to yield Rs 43 lakhs by 2031. PPF is a safe investment with tax-free returns, which is excellent for long-term goals.

3. Creating a Retirement Corpus
Calculate the Required Corpus
To achieve a monthly income of Rs 2 lakhs post-retirement, you need to calculate the required retirement corpus. Assuming a life expectancy of 85 years and a withdrawal rate of 4%, you will need approximately Rs 6 crores at the age of 60.

Asset Allocation
Diversification across asset classes is crucial. Here’s a recommended asset allocation:

High-Risk Investments
Equity Mutual Funds: Continue investing in equity mutual funds for long-term growth. Increase your SIP amount annually by 10% to boost your corpus.
Medium-Risk Investments
Balanced Mutual Funds: These funds offer a mix of equity and debt, providing balanced growth with moderate risk.

Corporate Bonds: Invest in high-rated corporate bonds for steady returns with moderate risk.

Low-Risk Investments
Debt Mutual Funds: Invest in debt mutual funds for stable returns and lower risk.

Fixed Deposits and PPF: Continue investing in PPF for safe, tax-free returns. Consider fixed deposits for short-term needs.

4. Generating Monthly Income Post-Retirement
Systematic Withdrawal Plan (SWP)
An SWP allows you to withdraw a fixed amount from your mutual fund investments regularly. This provides a steady income while keeping your principal invested for growth.

Dividend-Paying Mutual Funds
Invest in mutual funds that offer regular dividends. This provides an additional income stream.

Interest from Debt Investments
Interest from fixed deposits, corporate bonds, and debt mutual funds can provide a stable income post-retirement.

5. Additional Considerations
Emergency Fund
Maintain an emergency fund equivalent to 6-12 months of your expenses. This should be easily accessible and invested in liquid instruments like savings accounts or liquid mutual funds.

Tax Planning
Opt for tax-efficient investments to minimize your tax liability. ELSS funds offer tax benefits under Section 80C, while PPF provides tax-free returns.

Regular Portfolio Review
Review your portfolio annually to ensure it remains aligned with your goals and risk tolerance. Rebalance your portfolio as needed to maintain the desired asset allocation.

6. Steps to Achieve Your Goals
Increase SIP Investments: Gradually increase your SIP amount by 10% annually to build a larger corpus.

Diversify Investments: Allocate your investments across equity, balanced, and debt mutual funds for diversification.

Invest Lump Sums Wisely: When you have additional funds, invest them in a mix of equity and debt instruments.

Utilize PPF Wisely: Continue contributing to PPF for safe, tax-free returns.

Plan for Monthly Income: Use SWPs, dividend-paying funds, and interest from debt investments to generate a steady post-retirement income.

Maintain an Emergency Fund: Ensure you have sufficient liquidity to handle emergencies without disrupting your investment strategy.

Tax Planning: Invest in tax-efficient instruments and utilize tax benefits to optimize your returns.

Regular Reviews: Review and rebalance your portfolio annually to stay on track with your goals.

Conclusion
You are on a commendable path towards building a substantial retirement corpus. By increasing your SIP investments, diversifying your portfolio, and planning for a steady post-retirement income, you can achieve your financial goals. Regularly review your portfolio and make adjustments as needed to stay aligned with your objectives.

Investing wisely today will secure your financial future and ensure a comfortable and fulfilling retirement.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |6991 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 08, 2024

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Hi Sir/Ma'am, I am 25 yrs old and my take home monthly is approx 1.2 lacs working in IT. Currently I am investing in PPF since 2020. Used to invest around Rs. 1000/- pm but slowly increased my investment to 12,500 from last month onwards and looking to continue the same. Since beginning of this year, I have started to invest in mutual funds with a monthly SIP of 15,000. I invest in a mix of small, mid and large cap funds. Does it makes sense to consider investing in ELSS tax saver funds? Do they generally give good returns as compared to SML cap funds? I am looking to step up my SIP by 10% every year. My goal is to attain financial freedom in the next ten years with more 1cr. as a corpus. I also have a LIC jeevan anand policy and I invest around 1,250/- every month which will mature in next 10 years. In order to achieve my financial goal fast, should I increase my monthly SIP to maybe 30k by decreasing the amount invested in other schemes? I know that SIPs generally comes with a better return but with a high risk. Is there any other scheme that I should opt for which gives higher return? Please suggest how to go about it based on my current income and living expenses. I also have some liabilities after investments such as: Personal loan: 45k Consumer loans: around 10k House expenses: 20k My current investment portfolio so far: SIP: 40K (Recently started as mentioned) PPF: 2.2 lacs EPF: 1.8 lacs LIC: 1 lac Thank you!
Ans: Firstly, I commend you for taking proactive steps towards building your financial future at such a young age. Your commitment to increasing your investments over time is commendable and will serve you well in achieving your financial goals.

Regarding your query about ELSS tax saver funds, they can indeed be a valuable addition to your investment portfolio. ELSS funds not only offer tax benefits under Section 80C of the Income Tax Act but also have the potential to generate higher returns over the long term compared to traditional investment avenues like PPF.

As for comparing ELSS funds with small-cap funds, it's essential to understand that they belong to different categories with varying risk profiles. Small-cap funds typically carry higher risk but also have the potential for higher returns, while ELSS funds invest primarily in equity markets and have the added advantage of tax benefits. Both can play a role in diversifying your investment portfolio and achieving your financial goals.

Considering your goal of attaining financial freedom in the next ten years with a corpus of over 1 crore, it's essential to review your investment strategy periodically and make adjustments as needed. Increasing your monthly SIP to 30k and potentially reallocating some funds from other schemes could be a prudent move, given your high income and relatively low living expenses.

Regarding your existing LIC Jeevan Anand policy, surrendering it and reinvesting the proceeds in mutual funds could potentially yield higher returns, especially considering your long investment horizon and risk tolerance. However, it's essential to evaluate the surrender value, any applicable penalties, and the potential tax implications before making a decision.

In summary, continue with your disciplined approach to investing, consider adding ELSS funds to your portfolio, and review your investments periodically to ensure they align with your financial goals and risk tolerance.

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

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Ramalingam

Ramalingam Kalirajan  |6991 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 14, 2024

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Hello, I am 25 yrs old and my take home monthly salary is approx 80k. I do freelance as well, so total in hand income comes around 1.2lacs pm. I am investing in PPF since 2020. Used to invest around Rs. 1000/- pm but slowly increased my investment to 12,500 from last month onwards and looking to continue the same. Since beginning of this year, I have started to invest in mutual funds with a monthly SIP of 15,000. I invest in a mix of small, mid and large cap funds. Does it makes sense to consider investing in ELSS tax saver funds? Do they generally give good returns as compared to SML cap funds? I am looking to step up my SIP by 10% every year. My goal is to attain financial freedom in the next ten years with more 1cr. as a corpus. I also have a LIC jeevan anand policy and I invest around 1,250/- every month which will mature in next 10 years. In order to achieve my financial goal fast, should I increase my monthly SIP to maybe 30k by decreasing the amount invested in other schemes? I know that SIPs generally comes with a better return but with a high risk. Is there any other scheme that I should opt for which gives higher return? Please suggest how to go about it based on my current income and living expenses. I also have some liabilities after investments such as: Personal loan: 45k Consumer loans: around 10k House expenses: 20k My current investment portfolio so far: SIP: 40K (Recently started as mentioned) PPF: 2.2 lacs EPF: 1.8 lacs LIC: 1 lac Thank you!
Ans: It's impressive to see your proactive approach towards financial planning at such a young age. Let's delve into optimizing your investment strategy to achieve your goal of attaining financial freedom with a corpus of ?1 Crore in the next ten years.

Evaluating Your Current Investments
Your investment journey, including PPF, SIPs in mutual funds, and a LIC Jeevan Anand policy, demonstrates a solid foundation for wealth creation. However, let's explore potential enhancements to accelerate your wealth accumulation.

Considering ELSS Tax Saver Funds
ELSS tax saver funds offer the dual benefit of tax savings under Section 80C of the Income Tax Act and potential for higher returns. While they carry market risk like any equity investment, historically, ELSS funds have provided competitive returns compared to other equity categories over the long term.

Assessing Asset Allocation and Risk Tolerance
Diversification across asset classes is essential to manage risk effectively. While your current portfolio includes a mix of equity (SIPs), debt (PPF, LIC), and EPF, it's crucial to align your asset allocation with your risk tolerance and investment horizon.

Stepping Up SIP Contributions
Increasing your monthly SIP contributions to ?30,000, as you've proposed, can expedite your journey towards your financial goal. By redirecting funds from other schemes, such as reducing contributions to your LIC Jeevan Anand policy, you can allocate more towards equity investments, potentially generating higher returns over the long term.

Exploring Alternatives for High Returns
While SIPs offer a disciplined approach to wealth accumulation, exploring other investment avenues can complement your portfolio. Consider avenues like direct equity investments, provided you have the expertise and time for thorough research. However, be mindful of the associated risks and volatility.

Managing Liabilities
Addressing your existing liabilities, including personal and consumer loans, should be a priority. Prioritize paying off high-interest debt to free up more funds for investment and improve your overall financial health.

Maintaining a Balanced Approach
Balancing your investment goals with your living expenses is crucial to ensure financial stability. Regularly review your budget and investment strategy to optimize returns while meeting your lifestyle needs.

Final Thoughts
By enhancing your SIP contributions, exploring ELSS tax saver funds, and maintaining a disciplined approach to investment, you're on track to achieve your financial freedom goal. Remember to seek guidance from a Certified Financial Planner to tailor a personalized plan aligned with your aspirations and circumstances.

Best Regards,
K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

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Anu

Anu Krishna  |1283 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Nov 08, 2024

Asked by Anonymous - Nov 06, 2024
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Hi Anu, i am 34 year old woman married to a 41 year old man. We are married for past 10 years. We had no sexual relationship for first 5 years, after lot of pestering and fights and realisation that there must a physical problem at my husband’s end i convinced him to visit an expert in this domain. Turns out he had low testosterone level. He took the necessary medication and i really tried for 1 year to make it work. It worked to a certain extent but it was more like a chore than something we really want to do. Then we decided that we should go for a baby as well while we are at it. Now my daughter is 2.5. Things never got better. We don’t talk about our lack of any intimacy physical or mental. We are living like roommates. He is the best husband a person can ask for on paper. My parents love him. He is the nicest guy. But in reality we never had any connection and no comparability. And whatever attraction and love i had for him in the beginning is lost completely. I have no idea what goes on his mind. He is a closed book i could never open. He accepts the problem but blames me too if i force him to open up. I am in such a bad place mentally. I keep thinking about the one life i got, i wasted it. Why did i get married so soon? I like someone in office who i have no future with because he is in some other country. I do not know what to do and how to live my life. I get thoughts that life should not be so long.
Ans: Dear Anonymous,
A case where the person shuts down because he carries the guilt of what is happening to him and what he is facing...not a very useful way of dealing with the situation but when society has drummed it into us that a 'man' is defined by his masculine traits and behaviors, can you blame him for it?
He is possibly embarrassed and this could be a reason for him 'closing down' within the marriage. He needs to be slowly cajoled out of what he is feeling...What the two of you could do is: start the marriage as though it is Day One...
Now, how would the two of you connect? How would things be different?
It is an attempt to reconnect with no past baggage which helps in focusing on each other in the present day. That helps in making good solid commitments to one another but of course, there has to be a lot of communication in this process. Do take the help of a professional if this feels too much to go through by yourselves.
And as for the colleague; hmmmm grass on the other side will always seem greener!

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

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Kanchan

Kanchan Rai  |398 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Nov 08, 2024

Asked by Anonymous - May 17, 2024Hindi
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Relationship
Mam i love a boy.. Who is 2 yr younger then me and... Now he is preparing for jE.. Post and... My parents worry about my marriage... I told him about this.... He is craying... So much... He love s me very much.... He don't tell about this relationship.....to his parents.. Because he dont have any.... Job..... What should i do mam.... Plz.... Tell me... Mamm plzzz
Ans: First, have an honest conversation with him about what both of you realistically can and cannot do right now. Since he is still working on his future and you feel pressure from your family, try to think about how much time he might need to reach a stable point. Then, consider whether waiting for him is something that is possible for you and acceptable to your family.

It might also be helpful to have a calm conversation with your parents, expressing your feelings for him while being open about the current situation. Sometimes parents worry because they don’t know the full picture. Explaining that he is working hard toward his career goals may give them a better understanding. You could also ask them if they’d be willing to wait for some time before making any decisions on your marriage, if they feel comfortable with that.

If waiting is not possible and your family pressures you to consider other options, it’s important to think about your own long-term happiness and make the best choice for you. These situations are never easy, but by staying honest with yourself and your family, you will be able to make a decision that respects both your love and your future stability.

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Kanchan

Kanchan Rai  |398 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Nov 08, 2024

Asked by Anonymous - Jul 22, 2024Hindi
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Relationship
Hello, There is a woman in my office working in my department. She is my friend's wife and was referred by me for this job. We get to work closely often, but we both make opportunities to get to work together. Most of our time spent is on work related items, with few minutes of casual chats, and we both have spent a lot of time alone in office, working extra hours and all. I have a feeling that I am starting to yearn to spend time with her on work and she also tries to be around me. We both text outside of office hours, share a lot of "inside" jokes and we both look to be enjoying the time together. I am in a confused state because it looks like she is giving me a lot of signs to move forward to next levels, but I am pulling back and not advancing. We both are married and have families. Any advice?
Ans: To manage this, start by gently reinforcing professional boundaries. While it may feel awkward initially, limiting the personal, non-work-related conversations and texts can create some emotional distance. This will not only help reduce feelings of attachment but also prevent misunderstandings or assumptions from developing on either side. At the same time, it may be beneficial to reflect on your own life and current relationships. Often, feelings that arise outside our primary relationship can signal needs or emotions that might require attention within our existing commitments.

Redirecting your focus back to your own relationship with your spouse and engaging in activities that strengthen that bond can bring a renewed appreciation for the life you have built. Rekindling affection, open communication, and connection with your spouse could help provide a sense of fulfillment that might reduce the attraction you’re feeling toward your colleague.

It may also help to remind yourself of the potential risks involved, not only to your family life but also to your professional reputation and friendships. By focusing on maintaining a respectful, professional, and appropriate connection, you’re honoring both your commitments and protecting the integrity of all relationships involved. Choosing not to act on these feelings will ultimately support the stability of your personal life and career, allowing you to maintain a healthy and professional environment at work.

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Relationships Expert, Mind Coach - Answered on Nov 08, 2024

Asked by Anonymous - Aug 09, 2024Hindi
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Hi I brought up from a middle class family now I'm married and having 3 yrs kid, my younger brother recently got married! Ever since his marg there was a problem going on between my mom, brother and her wife , all the 3 of them bringing their problems to me and husband it creates a huge impact on my mental health due to their problems, if I try to resolve nobody is listening, I'm staying nearby my parents which is a big disadvantage, directly it's affecting me and my family? I don't know how to overcome from this type of issue
Ans: A compassionate but firm boundary can make a difference here. For instance, you could gently explain to your mother, brother, and his wife that while you understand and empathize with their challenges, you’re finding it difficult to handle all the tension that arises from these discussions. You might let them know that, for the sake of your own mental health and family well-being, you need to step back from being involved in any discussions about their conflicts.

If they do come to you with their concerns, try gently redirecting them, perhaps by suggesting that they talk directly to each other or even consider family counseling if they’re open to it. Remind them that only they can solve these issues by communicating directly, rather than relying on you as a mediator. Over time, they may begin to understand that their repeated involvement of you is not a productive solution.

Creating some physical and emotional space is key. If living nearby is heightening the tension, consider adjusting how often you interact in person. Focusing more on your own family’s peace, stability, and happiness will also help. It may feel challenging at first, but taking steps to protect your boundaries will benefit everyone, and gradually, they may even recognize the need to work out these issues themselves without depending on you.

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Relationships Expert, Mind Coach - Answered on Nov 08, 2024

Asked by Anonymous - Aug 10, 2024Hindi
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Hi ma’am, I am a 27 year old girl. My father is a very strict person. Since childhood I have tolerated many things like I was not allowed to make friends(not even girls, forgot about boys). When I was 12 years old I was told that I was not allowed to talk to boys, and if my father ever saw me doing so, he will kill me. So, I was not allowed to talk to any friend, forget about going out and other stuff. All I used to do is sit in my room and study,I was not allowed to go out to play, wasn’t allowed to watch tv, not even allowed to go and play with cousins. Even if there was a wedding in my family, i was not allowed to go out and enjoy. And this has continued till date. I am still not allowed to go out without my father’s permission. Although I live in Bengaluru and work in a big company with a high paying job. Even the salary I get is not mine. Because my father takes it from me and I can’t say no to him. I use to say to me that if I ever did anything which he thinks is wrong, he will kill me, or will not allow me to go to college and now he will not allow me to work. And now he want me to get married to someone of his choice because of caste system. But I have a boyfriend and I want to marry my him. But I can’t even tell this to my father, because once I tell him this, he will not allow me to leave the house ever again and he would get me married to next person he finds. I am very scared of him. I don’t want to get married to anyone but my boyfriend. What should I do? Should I run away and get married to my boyfriend. I don’t know what my father will do then. He is a very controlling person .
Ans: To start, consider small steps that allow you to establish a greater sense of independence. Setting aside a portion of your income in an account only you can access, even if done quietly, can help you prepare financially for the future you envision with your boyfriend. Gaining control over your finances can also give you a greater sense of autonomy, which is key for your emotional and practical well-being.

Considering your father’s intense reaction to any choices that don’t align with his, safety is a priority. Consulting with a therapist or a counselor could help you process the emotional impact of your experiences and, importantly, develop strategies for how to approach this situation. Speaking to a counselor may also help you find a safe way to discuss your relationship with your father and express your own wishes while understanding any resources that might be available to you if needed.

If, ultimately, you decide to move forward with your relationship and marriage independently of your father’s permission, preparing yourself for potential emotional fallout is essential. While it’s natural to hope for family acceptance, remember that creating your own happiness is equally important. Over time, if your father can see that you’re stable, happy, and independent, he may eventually respect your decision.

Taking steps toward your own life may feel overwhelming, but with support and gradual changes, you can find a path that balances your love for your family with your need for self-respect, autonomy, and a future that you choose.

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Relationships Expert, Mind Coach - Answered on Nov 08, 2024

Asked by Anonymous - Nov 01, 2024Hindi
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Hi mam, I am in a 14 year old relationship with a man, the relationship is quite healthy until now, but our families are not accepting for marriage. Since his parents are divorced and her elder sister to. Everyone in my family is against this marriage and not one person is supporting it, but we truly love each other. Even the boy does, and he is doing everything he can for a mutual acceptance. There is no divorce history in my family till date. So sometimes, even I get sceptical about taking this relationship forward as I understand the seriousness of marriage, but I also understand that there is attachment, love, commitment, duration, everything involved in this 14 year old relationship which will make it very hard to accept someone else in place of him, so basically, I want to marry the guy, but not his family I know that’s not possible, but then what should I do? Should I just take the step forward with total faith in the man, or should I marry somewhere else where everything is great, only love will be unsure. The man has connections with both his parents and there is no custody involved. In this case. He is in a good relationship with both the parents, although he lives with his mother and sister.
Ans: Fourteen years is a profound commitment, and the fact that both of you have nurtured such a bond reflects a solid foundation that’s not easy to find or replicate. The conflict seems to lie mainly in your family’s fears and cultural values around marriage and their concern about potential patterns in relationships. This is an understandable reaction from them, given the uniqueness of his family background compared to what they’ve experienced.

It’s natural for you to feel torn, especially since you value your family’s approval and understand the complexities that can arise in marriage. While family acceptance can provide a comforting support system, there are instances when it doesn’t fully align with one’s own heart. Marrying him would mean choosing to rely primarily on each other, despite family reservations, which could require extra resilience and patience as you move forward together. Since he has strong relationships with both parents, it may be reassuring that he has a healthy view of family, despite their past. This could suggest that he has personal maturity and the ability to build a stable, loving relationship with you.

At the same time, your family’s perspective doesn’t necessarily mean there’s any curse or pattern that would carry over into your marriage. The key to deciding might be to look at the qualities he brings to the relationship, how both of you handle challenges, and whether he brings stability, honesty, and emotional support. The longevity and health of your relationship are positive indicators, and if both of you have open communication about potential concerns—like how family dynamics might play a role in the future—you’ll likely be prepared to face those hurdles together.

You’re faced with a decision that balances taking a leap of faith with the potential for some family disappointment. If he is the partner with whom you see a fulfilling life, the choice to marry might ultimately come down to what feels right to you, independent of family fears. Love, trust, and understanding—especially those that withstand the test of time—are incredibly powerful foundations. So, if you believe in the strength of your bond and feel you could weather any storm together, choosing him could be a step toward building the kind of family you truly want, even if it’s unconventional by your family’s standards.

But if you’re still unsure, taking time to express all these feelings to him, to explore your shared values and long-term goals, and to be absolutely sure of the life you want to build can help reinforce whichever path feels right for you.

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Kanchan

Kanchan Rai  |398 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Nov 08, 2024

Asked by Anonymous - Nov 07, 2024
Relationship
Maam In last question of mine you told me that im taking meaning out of a friendly casual conversation. I may be doing so but I tried to ignore that guy but he is still staring at me and roaming around my house. What does that mean.???? Im not seeking attention from him. He himself is giving intense looks and appearing from no where. Our kids are in same school so I cant avoid seeing him. Its just not possible but i try not to give him.attention but he coming in front of me for no reason. Giving me suggestions about my child when I have not even asked him.anything.
Ans: One possibility here could be that he genuinely believes he’s being friendly and is unaware that his actions might be coming across as intrusive. Some people aren’t as skilled at reading subtle social cues or may interpret polite responses as openness to further interaction. Another scenario could be that he’s misinterpreting a simple acquaintanceship as an invitation for more personal connection, especially if he hasn’t recognized your signals for wanting distance.

It’s also possible, especially if he’s trying to advise you about your child, that he’s viewing himself as helpful or knowledgeable—again, likely without realizing he’s crossing a line. If he’s repeatedly making intense eye contact or appearing at odd times, it may also reflect a need for attention or connection on his part, even if it’s unintentional.

If this behavior continues and your efforts to distance yourself subtly aren’t working, it might be time to consider setting a gentle but clear boundary. This can be done with nonverbal cues, like quickly redirecting your gaze or finding reasons to leave a situation as soon as he tries to initiate a conversation. However, if his presence continues to bother you, there’s no harm in being more direct. A polite but firm approach, like thanking him for his advice and mentioning that you’d prefer to handle things yourself, can send a message that you’re not looking for further involvement.

Your well-being and comfort come first, and your instincts are valid. If his behavior is persistent and truly uncomfortable, it may be best to acknowledge it internally and remind yourself that you’re under no obligation to respond or interact beyond what feels right for you.

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