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Abhishek

Abhishek Dev  | Answer  |Ask -

Financial Planner - Answered on Aug 02, 2023

Abhishek Dev is the co-founder and CEO of the financial planning company, Epsilon Money Mart.
A management graduate, he has over 21 years of experience in asset and wealth management.
He has been associated with reputed companies like HSBC GAM (India, south east Asia), PGIM, AMC, AMEX Bank, HDFC AMC and UTI in various roles, including leading business management, sales, marketing, product development and as a board member.... more
RAJENDRA Question by RAJENDRA on Jul 21, 2023Hindi
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I want to make a corpus of Rs. 40 to 50 lakhs within 12 to 18 months. Can set aside Rs. 70K per month. How can I achieve this? Please guide

Ans: Taking 18 months and Rs. 70,000 per month, you will have invested Rs. 12,60,000. However, the amount that is expected is on a steeper side. What we would suggest is that you also try investing some lumpsum along with it. Also, if money is not required immediately can increase the tenure to let's say 48-60 months. You should do good. We do not know your financial goals, but kindly do not fall for get rich quickly schemes, there aren't any!
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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Mutual Funds, Financial Planning Expert - Answered on May 08, 2024

Asked by Anonymous - Apr 14, 2024Hindi
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Hello Nikunj Sir, I am 46 years old govt salaried person and I looking to build a corpus of around 30 lacs. Pls guide or suggest me best funds.
Ans: Building a corpus of 30 lakhs is a feasible goal with disciplined investing over time. Considering your age and risk tolerance, here are some recommendations for mutual funds:
1. Large Cap Funds: These funds invest predominantly in large-cap stocks, offering stability and steady growth potential over the long term. They are suitable for conservative investors looking for lower risk exposure.
2. Balanced Funds: Also known as hybrid funds, these invest in a mix of equity and debt instruments, providing a balance between growth and stability. They can be suitable for investors seeking moderate risk exposure with the potential for capital appreciation.
3. Multi-Cap Funds: These funds invest across market capitalizations, including large-cap, mid-cap, and small-cap stocks. They offer diversification and the flexibility to adapt to changing market conditions, making them suitable for investors with a moderate risk appetite.
4. Debt Funds: These funds invest in fixed-income securities such as government bonds, corporate bonds, and money market instruments. They provide stability and regular income, making them suitable for conservative investors or those with a shorter time horizon.
Benefits of Actively Managed Funds:
1. Expertise of Fund Managers: Actively managed funds are overseen by experienced fund managers who analyze market trends, economic indicators, and company fundamentals to make informed investment decisions. Their expertise can potentially result in outperformance compared to passive index funds.
2. Flexibility and Customization: Actively managed funds have the flexibility to adapt to changing market conditions and capitalize on emerging opportunities. Fund managers can adjust portfolio allocations, sector exposure, and stock selection based on their market outlook and investment objectives.
3. Potential for Outperformance: Actively managed funds aim to generate alpha, or excess returns, by actively selecting securities that they believe will outperform the market. Through diligent research and analysis, fund managers seek to identify undervalued assets and capitalize on market inefficiencies to achieve superior returns for investors.
By considering these factors and consulting with a certified financial planner, you can build a well-diversified investment portfolio tailored to your financial goals and risk tolerance.

Best Regards,
K. Ramalingam, MBA, CFP,
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www.holisticinvestment.in

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

Asked by Anonymous - Apr 26, 2024Hindi
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Hello Sir, I am looking forward to create a corpus of Rs. 1.5 crores in span of 7 years. What will be your suggestion. I have few SIPs less than Rs. 5,000 and very small FDs. There are FDs around Rs. 1 lakhs. How do I build up the corpus?
Ans: Building a corpus of 1.5 crores in 7 years is an ambitious goal, but with careful planning and disciplined investing, it's achievable. Since you already have some SIPs and small FDs in place, you're on the right track. Here's a suggested approach to help you reach your target:

Review and Optimize SIPs: Evaluate your existing SIPs and consider increasing the contribution amounts if possible. Ensure that your SIPs are invested in diversified mutual funds that align with your risk profile and investment goals. Regularly monitor their performance and make adjustments as needed.
Increase Savings: Look for opportunities to increase your savings rate by cutting down on non-essential expenses and redirecting those funds towards your investment goals. Consider setting up systematic investment plans for larger amounts to accelerate wealth accumulation.
Explore High-Yield Investments: Since your FDs are relatively small, consider exploring higher-yield investment options such as equity mutual funds, which have the potential to generate higher returns over the long term. However, be mindful of the associated risks and ensure your investment strategy aligns with your risk tolerance.
Diversify Your Portfolio: Don't put all your eggs in one basket. Diversify your investment portfolio across different asset classes like equity, debt, and possibly real estate or gold, depending on your risk appetite and investment horizon. This can help mitigate risk and optimize returns.
Seek Professional Advice: Consider consulting with a Certified Financial Planner to tailor a comprehensive financial plan that aligns with your goals and risk tolerance. They can provide personalized guidance, recommend suitable investment strategies, and help you stay on track towards achieving your target corpus.
Remember, achieving financial goals requires discipline, patience, and a long-term perspective. Stay focused on your objectives, regularly review your progress, and make adjustments as necessary to stay on course towards building your desired corpus.

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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