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Can We Retire With a Comfortable Lifestyle on Rs 75K Monthly at 57 with Rs 12 Crore?

Ramalingam

Ramalingam Kalirajan  |7462 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jan 02, 2025

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 - Jan 02, 2025Hindi
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Good morning. Family of 2, Age 57-56 Years, Mumbai, Own house, No other / Loan obligations. Have MF Value of Rs. 8 Crs (Small, Mid and Multi Assets) and say Rs. 4 Cr in other formats. Need around Rs. 75 K per month as on today. It is possible to retire with same life style ? Regards.

Ans: Your financial standing is strong. With Rs. 8 crores in mutual funds and Rs. 4 crores in other formats, your corpus is Rs. 12 crores. Your monthly expense of Rs. 75,000 is modest relative to this wealth.

Let us evaluate if your portfolio can support your retirement needs while preserving your lifestyle.

Current Financial Overview
1. Debt-Free Position

You own your house and have no loans.
This removes a significant financial burden.
2. Substantial Corpus

Rs. 12 crores is an excellent retirement corpus.
It offers flexibility for investments and expenses.
3. Diversified Investments

Your mutual funds cover small-cap, mid-cap, and multi-asset categories.
Rs. 4 crores in other formats adds further diversification.
Calculating Monthly Withdrawals
1. Monthly Expense Analysis

Rs. 75,000 per month equals Rs. 9,00,000 annually.
This is less than 1% of your total corpus annually.
2. Sustainable Withdrawal Rate

A withdrawal rate of 3–4% annually is sustainable.
This ensures that your corpus lasts for life.
3. Adjusting for Inflation

Expenses will increase due to inflation.
A conservative growth rate on your investments can offset this.
Strategic Investment Adjustments
1. Allocate Funds Across Asset Classes

Keep 50–60% in equity mutual funds for long-term growth.
Allocate 30–40% to debt funds for stability.
Maintain 5–10% in liquid funds for emergencies.
2. Include Balanced Advantage Funds

These funds offer a mix of equity and debt.
They reduce market volatility while ensuring steady growth.
3. Maintain Multi-Asset Diversification

Multi-asset funds continue to provide balanced exposure.
They reduce the impact of market fluctuations.
4. Reduce Small-Cap Exposure

Small-cap funds can be volatile in retirement.
Shift a portion to flexi-cap or large-cap funds for stability.
Inflation-Proofing Your Lifestyle
1. Factor in Healthcare Costs

Healthcare expenses will rise with age.
Ensure adequate health insurance coverage.
2. Emergency Reserve Planning

Set aside Rs. 25–30 lakhs in liquid or ultra-short-term funds.
This reserve will handle unforeseen needs.
3. Periodic Portfolio Review

Review and rebalance your portfolio annually.
Adjust allocations based on market and personal needs.
Tax Planning
1. Tax-Efficient Withdrawals

Plan withdrawals from debt funds to minimise tax impact.
Ensure equity fund LTCG remains under Rs. 1.25 lakhs annually.
2. Capital Gains Management

Equity LTCG above Rs. 1.25 lakh is taxed at 12.5%.
Debt fund gains are taxed as per your income slab.
3. Utilise Tax-Saving Investments

Consider senior citizen schemes and tax-saving fixed deposits.
These provide stable returns and tax benefits.
Healthcare and Estate Planning
1. Upgrade Health Insurance

Review your current health insurance coverage.
Include critical illness coverage for added security.
2. Create a Will and Nominate Beneficiaries

Draft a will to avoid legal complications.
Ensure nominees are updated for all investments.
3. Consider Long-Term Care Planning

Plan for potential long-term care expenses.
This ensures financial independence during old age.
Lifestyle Recommendations
1. Maintain Financial Discipline

Limit withdrawals to necessary expenses.
Avoid unnecessary luxury spending to preserve the corpus.
2. Pursue Hobbies and Interests

Engage in hobbies that align with your retirement goals.
This enhances mental and emotional well-being.
3. Stay Active and Healthy

Regular exercise and a balanced diet reduce healthcare costs.
This improves overall quality of life in retirement.
Final Insights
You are well-positioned for retirement with your current corpus and lifestyle needs. By maintaining financial discipline and adopting a strategic investment approach, you can enjoy a comfortable and secure retirement. Periodic reviews with a Certified Financial Planner will ensure your portfolio stays aligned with your goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment
Asked on - Jan 02, 2025 | Answered on Jan 02, 2025
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Thanks a lot for your detailed reply.
Ans: You're welcome! If you have any more questions or need further assistance, feel free to ask. Best wishes on your financial journey!

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

Ramalingam Kalirajan  |7462 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Aug 23, 2024

Asked by Anonymous - Jul 10, 2024Hindi
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Sir i am 50 yrs old has rental income from two houses in mumbai is 70,000.00 (Worth 2.5cr).Son has completed engineering. Stocks worth 2.5cr, daughter in 9th std, fd worth 50lac. No debt and no loan in the house in which i live(worth 1.2cr).can i retire, need olan for monthly total 2.0lac expense.n
Ans: You are 50 years old with a solid financial base. You have two rental properties in Mumbai generating Rs. 70,000 per month. Your son has completed engineering, and your daughter is in 9th standard. You own stocks worth Rs. 2.5 crores, fixed deposits (FDs) worth Rs. 50 lakhs, and a house worth Rs. 1.2 crores with no debt. You want to retire and cover monthly expenses of Rs. 2 lakhs. Let’s evaluate your financial situation and structure a plan for a comfortable retirement.

Current Income and Assets
Rental Income: Rs. 70,000 per month
Stock Portfolio: Rs. 2.5 crores
Fixed Deposits: Rs. 50 lakhs
Primary Residence: Rs. 1.2 crores (No loan or debt)
Total Worth of Rental Properties: Rs. 2.5 crores
You have a substantial financial foundation that can support your retirement plan with careful management.

Monthly Expense Planning
Current Monthly Expenses: Rs. 2 lakhs
Income from Rentals: Rs. 70,000 per month
There is a gap of Rs. 1.3 lakhs per month between your income and expenses. This gap needs to be covered by drawing from your investments.

Income Generation Strategy
To meet your monthly expenses, you’ll need to create a stable and reliable income stream from your assets. Here’s how you can do it:

1. Systematic Withdrawal Plan (SWP) from Mutual Funds
Generate Regular Income:

Convert a portion of your stock portfolio into a diversified mutual fund portfolio.
Set up a Systematic Withdrawal Plan (SWP) from these funds to generate a consistent monthly income.
SWPs can provide you with a steady flow of income while keeping your capital invested for growth.
Withdrawal Amount:

Start by withdrawing Rs. 1.3 lakhs per month, adjusted for inflation over time.
Equity-Debt Balance:

Maintain a balance between equity and debt in your mutual fund portfolio.
Equity can provide growth, while debt can offer stability and reduce risk.
2. Interest from Fixed Deposits
Interest Income:

Your Rs. 50 lakhs in FDs can generate interest income.
Depending on the interest rate, this could add a supplementary income stream.
Laddering Strategy:

Consider using an FD laddering strategy, where you split your FDs into multiple maturities.
This can provide liquidity at regular intervals, ensuring you have access to funds when needed.
3. Dividend Income from Stocks
Dividend Yield:

Some of the stocks in your portfolio might provide dividends.
Reinvest dividends or use them as additional income to reduce the amount needed from your SWP.
Review and Rebalance:

Periodically review your stock portfolio to ensure it aligns with your risk tolerance.
Shift some funds to dividend-paying stocks if necessary.
Planning for Inflation
Inflation Adjustment:
Your monthly expenses will likely increase due to inflation.
Ensure your income sources, especially SWP and dividend income, grow at a rate that matches or exceeds inflation.
Periodically adjust the withdrawal amount in your SWP to match inflationary pressures.
Managing Healthcare Expenses
Health Insurance:

Ensure your health insurance coverage is adequate for your needs.
You should have a comprehensive health insurance plan covering both you and your spouse.
Medical Corpus:

Set aside a portion of your fixed deposits as a dedicated medical corpus.
This will provide a safety net in case of unexpected medical expenses.
Education Fund for Your Daughter
Setting Aside Funds:

Allocate a portion of your assets towards your daughter’s higher education expenses.
This can be done through a dedicated mutual fund portfolio or a combination of FDs and mutual funds.
Goal-Based Investments:

Consider investing in balanced or conservative mutual funds to grow this corpus with lower risk.
Plan the withdrawal to coincide with her higher education needs in the coming years.
Reviewing and Rebalancing the Portfolio
Regular Monitoring:

Regularly review your investment portfolio to ensure it is aligned with your goals.
Rebalance the portfolio annually or bi-annually to maintain the desired asset allocation between equity, debt, and other instruments.
Risk Management:

As you approach deeper into retirement, gradually reduce exposure to high-risk assets.
Focus on capital preservation while ensuring sufficient growth to cover inflation.
Legacy Planning
Estate Planning:

Consider creating a will to ensure your assets are distributed according to your wishes.
Include provisions for your children’s future needs, ensuring that their financial security is maintained.
Nomination and Trusts:

Ensure that all your investments, insurance policies, and assets have proper nominations.
Consider setting up a trust if you wish to provide long-term financial security for your family.
Final Insights
With your current assets and income, retiring at 50 is achievable. By carefully structuring your investments and setting up a reliable income stream, you can comfortably cover your monthly expenses while maintaining and growing your wealth. Regularly review and adjust your financial plan to stay on track and adapt to changing circumstances.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |7462 Answers  |Ask -

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

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Sir I am 48 years old and would like to retire by 55 years. I am investing Rs 70 K per month in MF through SIP for the last 7 years & have a corpus of close to Rs 1.3 CR. Shres separe portfolio and invested Rs 25 Lakhs & value today Rs 45 Lakhs. I have 2 shops & getting monthly rent of Rs 15 K & one independent house & flat 3 bHk in Bhopal so getting another 15 K rent. The property value all put together will be 2.5 CR & a loan of 20 lakh housing for my current appartment where I am staying. Therefore I need atleast 1.20 Lakhs as retirement corpus at the age of 55. Please advice
Ans: You aim to retire by 55 years. You currently invest Rs 70,000 per month in mutual funds through SIPs and have accumulated a corpus of Rs 1.3 crore over the last 7 years. Your goal is to secure Rs 1.20 lakhs per month as a retirement corpus. Let's evaluate your current investments and how to achieve this goal.

Evaluating Current Investments

Mutual Funds: Rs 1.3 crore corpus from 7 years of Rs 70,000 monthly SIPs.

Stocks: Invested Rs 25 lakhs, now valued at Rs 45 lakhs.

Rental Income: Rs 15,000 monthly from two shops and Rs 15,000 monthly from residential properties.

Property Value: Total property value of Rs 2.5 crore, with a Rs 20 lakh housing loan.

Steps to Achieve Your Retirement Goal

Continue SIP Investments: Maintain or increase your SIP investments to grow your corpus.

Diversify Portfolio: Balance your portfolio with equity, debt, and balanced funds for stability and growth.

Review Stock Portfolio: Ensure your stock portfolio is diversified to minimize risk and maximize returns.

Utilize Rental Income: Use rental income to supplement monthly expenses and potentially reinvest a portion.

Analyzing the Adequacy of SIP Amount

Future Value Projection: Calculate the potential growth of your current SIPs and corpus to estimate future value.

Inflation Adjustment: Consider the impact of inflation on your retirement corpus needs.

Evaluating Real Estate Holdings

Rental Income: Continue leveraging rental income for additional cash flow.

Property Value: Assess the potential appreciation of your properties over time.

Addressing Housing Loan

Repayment Plan: Develop a strategy to repay the Rs 20 lakh housing loan before retirement.
Alternative Investment Strategies

Actively Managed Funds: Consider the benefits of actively managed funds over index funds for potentially higher returns.

Regular Funds via CFP: Highlight the advantages of regular funds and professional guidance from a CFP over direct funds.

Final Insights

Diversification: A diversified investment portfolio balances risk and reward.

Regular Review: Periodically review your investment strategy to ensure alignment with retirement goals.

Professional Guidance: Seek advice from a Certified Financial Planner for personalized financial planning.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

www.holisticinvestment.in

..Read more

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Why do hotels in India disallow unmarried couples? A few months ago, I was travelling with my girlfriend (who was my colleague then, we weren't dating then) on a work trip and suddenly, we received a knock on the door at night asking us to vacate the room in Delhi. It was 2 am and we were sleeping on different beds. There was a partition in the room, yet we were asked to pack and leave because some guest had complained. In the middle of the night no one was willing to offer us a room. It was an odd hour so at 4.30 am, I finally told the manager to let my GF hire a room as we had nowhere to go. I waited in the reception area. Isn't it unsafe to take the booking and then ask us to vacate later? Why is India so rude to unmarried couples? A boy and a girl could also be friends sharing a room to save money!
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This is my first time appearing for GATE, and I’m already feeling a bit overwhelmed with all the preparation. Now that the admit card release is approaching, I’m worried about missing any important details. Could you please explain the step-by-step process to download the admit card and what documents I should carry on the exam day?
Ans: Hello dear.
What is a surprise that you are appearing in the GATE examination 1st time? Everybody goes through this situation. You are on the turn of completing your B.E./B.Tech. and at this point, the anxiety developed not showing good symptoms. Be cool and relax. Since 3-4 years you are well acquainted with the engineering examination pattern. The difference between regular and GATE is that, for GATE, you have to prepare F.E. to B.E. syllabus and that is the only issue. A candidate who remained sincere from 1st year will not have any type of anxiety with GATE. Try to cover the syllabus in depth as early as possible. Now, related to your admit card, visit the GATE website where you will receive an announcement via SMS/email to download the admit card. Follow the steps mentioned in the email and download it. On the respective website, everything is mentioned clearly about the documents to be carried on the examination day. Keep a close eye on the GATE examination. Best of luck for your upcoming examinations in the future.

If satisfied, please like and follow me.
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Ramalingam

Ramalingam Kalirajan  |7462 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jan 07, 2025

Asked by Anonymous - Jan 07, 2025Hindi
Money
Dear Mr Ramalingam, Good Afternoon. I am 55years old. I had purchased two SBI life policies(Plan Name: SBIL- Smart Privilege Series III- RP and LP) one for self and one for my wife with annually paid premiums of ?1200000/- and ?600000/- respectively in Feb 2023 for Policy Term of 10 years. I have two questions: 1. Is paying annual premium financially beneficial as compared to paying half yearly or quarterly? 2. Should I continue paying the premium after the first compulsory premiums of 5 years or invest the amount in Equity Mutual funds for better appreciation of money? Thank you, Warm Regards.
Ans: Investing Rs. 12,00,000 annually for yourself and Rs. 6,00,000 for your wife in SBI Life Smart Privilege plans requires a thorough evaluation. Your queries about premium payment frequency and policy continuation beyond five years are critical for maximising returns and aligning with your financial goals.

Let’s analyse these aspects comprehensively.

1. Premium Payment Frequency: Annual vs Half-Yearly or Quarterly
Cost Efficiency of Annual Premiums

Annual premiums often cost less than half-yearly or quarterly options. Insurers offer discounts for lump-sum annual payments.

Paying in smaller instalments results in additional administrative charges. This increases the total cost of the policy.

Annual payments ensure immediate allocation of your funds. Half-yearly or quarterly payments delay this allocation, reducing the compounding benefit.

Opting for annual payments is financially efficient, provided cash flow permits it.

Impact on Cash Flow

Annual payments require larger cash reserves. Evaluate whether this impacts your liquidity needs.

If cash flow is constrained, half-yearly or quarterly options provide flexibility. However, they incur higher costs.

2. Continuation After 5 Years vs Investing in Equity Mutual Funds
Performance of ULIPs vs Equity Mutual Funds

SBI Life Smart Privilege is a ULIP (Unit-Linked Insurance Plan). ULIPs combine insurance with investments.

ULIPs have higher charges such as policy administration, premium allocation, and fund management fees. These charges reduce net returns.

Equity Mutual Funds often outperform ULIPs due to lower expense ratios. They focus solely on wealth creation, unlike ULIPs.

Lock-In Period Considerations

ULIPs have a mandatory 5-year lock-in. Beyond this period, the decision to continue depends on fund performance and your financial goals.

Evaluate your ULIP’s fund performance against comparable equity mutual funds. If it underperforms, consider discontinuing premium payments.

Flexibility and Liquidity

Mutual funds offer better liquidity and flexibility. You can withdraw or switch funds based on market conditions.

ULIPs restrict fund switches to options within the policy. Mutual funds provide a wider range of choices.

Advantages of Shifting to Equity Mutual Funds
Higher Returns: Actively managed equity funds generally deliver higher long-term returns than ULIPs.

Lower Charges: Mutual funds have lower expense ratios, maximising your investment growth.

Tax Efficiency: Equity mutual funds have tax benefits, but gains above Rs. 1.25 lakh are taxed at 12.5%. ULIPs have tax-free withdrawals under certain conditions, but the overall returns may still lag.

Goal Alignment: Mutual funds are better suited for long-term wealth creation and goal-specific planning.

Why Not Index Funds?

Index funds lack active management. They simply replicate market indices without adapting to market conditions.

Actively managed funds, on the other hand, strive to outperform the market. They offer better returns when managed by experienced professionals.

Index funds cannot shield against downside risks during market corrections. Actively managed funds provide better resilience in volatile markets.

Evaluating Policy Continuation After 5 Years
Key Questions to Assess

Is the ULIP’s fund performance aligned with your expectations?

Are the charges within the ULIP justified by the returns it offers?

Would reallocating the premium to mutual funds provide better results for your goals?

Strategic Approach

If ULIP performance is consistently below par, you can stop further premiums after five years.

Shift future premiums to mutual funds. Choose funds based on your risk tolerance and financial goals.

Retain the accumulated corpus in the ULIP until maturity to avoid surrender penalties.

Steps to Optimise Your Investments
Review Fund Performance: Regularly assess the returns generated by your ULIP. Compare them with benchmark indices and mutual funds.

Consult a Certified Financial Planner: A CFP can guide you in selecting suitable mutual funds for reallocation.

Diversify Investments: Spread your investments across equity, balanced, and debt funds for optimal risk management.

Leverage Tax Benefits: Plan withdrawals strategically to minimise tax liabilities under the new mutual fund taxation rules.

Taxation Insights
ULIPs offer tax-free maturity proceeds under Section 10(10D) if annual premiums do not exceed Rs. 2,50,000.

Mutual funds are subject to the following tax rules:

Equity mutual funds: Gains above Rs. 1.25 lakh are taxed at 12.5%.
Short-term gains on equity funds are taxed at 20%.
Debt mutual funds are taxed as per your income tax slab.
Consider these rules when deciding between ULIPs and mutual funds.

Key Takeaways
Annual premium payments are cost-effective if cash flow permits.

Continuing ULIPs beyond five years depends on their performance and alignment with your goals.

Equity mutual funds are a better option for wealth creation due to higher returns and lower charges.

Diversify investments and consult a Certified Financial Planner for personalised advice.

Final Insights
Your decision to invest in ULIPs was a thoughtful one, considering their insurance benefits. However, for long-term wealth creation, mutual funds could offer better appreciation. Evaluating the performance of your ULIPs after five years is crucial. If they underperform, consider reallocating your premiums to equity mutual funds for enhanced returns.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

Ramalingam

Ramalingam Kalirajan  |7462 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jan 07, 2025

Asked by Anonymous - Jan 07, 2025Hindi
Money
Sir I am planning to invest Rs.2000/= per month in SIP and the duration will be 10 years. What will be the return on the due date
Ans: Investing Rs. 2000 per month in a SIP for 10 years is a wise decision. Systematic Investment Plans (SIPs) provide disciplined and goal-oriented investing. Let’s assess your plan, its potential returns, and the key aspects of such investments.

Benefits of a 10-Year SIP
Power of Compounding
SIPs leverage compounding, helping your money grow faster over time. Starting early allows compounding to work better for you.

Market Volatility Management
SIPs mitigate risks of market volatility. They encourage purchasing more units when prices are low.

Affordable and Flexible
Starting with Rs. 2000 ensures affordability and consistency. Flexibility to increase contributions is an added benefit.

Wealth Accumulation Potential
A 10-year SIP can generate substantial wealth. Equity-based funds generally outperform other investments over the long term.

Expected Returns from Your SIP
Equity mutual funds typically yield 10-12% annual returns over the long term. With Rs. 2000 monthly, you could accumulate Rs. 4-5 lakh in 10 years.

Debt funds yield lower returns, around 6-8%. These funds are safer but less suitable for long-term goals.

Balanced funds blend equity and debt. They balance risk and return, yielding 8-10% annually.

Your choice of fund type affects your returns. Selecting the right fund category is crucial.

Factors Influencing Returns
Fund Selection
Actively managed funds often outperform index funds. Professional fund managers optimise portfolios for better performance.

Market Conditions
Equity market performance directly impacts returns. Long-term investments reduce the risk of short-term volatility.

Tax Implications
Equity fund gains above Rs. 1.25 lakh attract 12.5% tax. Short-term gains are taxed at 20%. Understanding taxation helps in planning redemptions.

Expense Ratios
Funds charge fees for managing investments. Actively managed funds have slightly higher costs than index funds. Regular funds through a Certified Financial Planner (CFP) ensure professional advice for these costs.

Disadvantages of Index Funds
Index funds lack flexibility. They mimic indices and cannot capitalise on market opportunities.

They do not protect against downside risk during market crashes. Actively managed funds can adjust to such scenarios.

Active funds offer higher returns when managed well. Professional management adds value to your investment.

Why Regular Funds with CFP Guidance?
Direct funds save costs but lack personalised advice. A Certified Financial Planner offers tailored strategies for your goals.

Regular funds through an MFD with CFP credentials ensure professional monitoring. They also simplify documentation and compliance.

How to Proceed
Set Clear Goals
Define your financial goal for this SIP. Is it for wealth creation, education, or retirement?

Assess Risk Appetite
Choose funds aligning with your comfort level. Equity funds are ideal for higher returns but come with risks.

Review Performance
Select funds with consistent track records over five to ten years.

Diversify Investments
Consider investing in different categories for balanced risk and returns.

Review Periodically
Assess performance annually. Switch funds if they consistently underperform.

Insights on SIP Taxation
Gains on equity mutual funds held for over a year qualify as LTCG. Only gains above Rs. 1.25 lakh are taxed at 12.5%.

Debt fund gains are taxed as per your slab rate.

Consider these rules while planning withdrawals. Tax-efficient withdrawals maximise returns.

SIP Advantages Over Other Investments
SIPs outperform fixed deposits and traditional insurance plans. They offer better liquidity and inflation-beating returns.

Real estate requires significant upfront capital and involves illiquidity. SIPs are more flexible and accessible.

Gold investments lack the potential for high returns compared to equity funds.

Common Mistakes to Avoid
Delaying Investments
Starting early maximises compounding benefits.

Stopping SIPs During Market Lows
Continue investments even during market downturns. They offer opportunities to buy units at lower prices.

Ignoring Goal Alignment
Match your SIPs with specific financial goals.

Final Insights
Investing Rs. 2000 per month for 10 years through SIPs is a smart choice. It can help you achieve long-term goals and build wealth steadily.

Focus on selecting funds aligned with your objectives. Regularly review and adjust your portfolio for optimal performance.

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.

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