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Sunil

Sunil Lala  | Answer  |Ask -

Financial Planner - Answered on Jan 09, 2024

Sunil Lala founded SL Wealth, a company that offers life and non-life insurance, mutual fund and asset allocation advice, in 2005. A certified financial planner, he has three decades of domain experience. His expertise includes designing goal-specific financial plans and creating investment awareness. He has been a registered member of the Financial Planning Standards Board since 2009.... more
Asked by Anonymous - Dec 15, 2023Hindi
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Namste sir I having following sip Hdfc midcap,axis bluechip,axis small cap,sbi small cap,parag parig flexicap,mirae asset bluechip,quant small cap,motilal ostwal midcap,tata small cap,nippon small cap, 2.5k in each scheme total 30k monthly. I want 1-2 crore at retirementi.e after 25 years.pls observe my sip

Ans: Your choice of SIP is all very good. Keep investing and you will be surprised after 25 years to see the corpus
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  |8320 Answers  |Ask -

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

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Hi Kirtan, I am 55 Yrs. working in private company, with monthly income of 3.0 lacs. Current investments in SIP since 2018 are - (1)Aditya Birla Sun Life Frontline Equity Growth-4000/ month(2)HDFC Mid-Cap Opportunities Fund - Growth- 4000/ month (3)ICICI PRu Value discovery G - 4000/- (4)UTI Transportation & Logistics G- 4000/ month(5) From 2023 : 1)SBI Contra direct Plan Growth - 10000/month (2)Canara Rebeco small cap fund direct growth - 10000/month. Would like to achieve for retirement corpus of 2 crore- Kindly review my investments , and suggest if any modifications required. I have other investments in FD- 50 lac, can take risk for till retirement Raj
Ans: Dear Raj,

It's commendable to see your proactive approach towards retirement planning. With a monthly income of 3.0 lacs and systematic investment plans (SIPs) since 2018, you've laid a foundation for your retirement corpus.

Let's review your current portfolio and provide some insights:

Equity Funds (SIPs since 2018):

Aditya Birla Sun Life Frontline Equity, HDFC Mid-Cap Opportunities, ICICI Pru Value Discovery, UTI Transportation & Logistics: These funds offer a diversified exposure across large-cap, mid-cap, and sector-specific themes. Ensure the funds align with your risk tolerance and investment horizon. Periodically review their performance and adjust if necessary.
New SIPs from 2023:

SBI Contra and Canara Robeco Small Cap Fund: SBI Contra focuses on undervalued stocks, and Canara Robeco Small Cap Fund aims for growth in small-cap companies. Given your existing SIPs, these funds could add a layer of diversification. However, small-cap funds tend to be more volatile; ensure they align with your risk appetite.
Fixed Deposits (FD):
Your FDs amounting to 50 lacs offer stability to your portfolio. While FDs provide security, the returns might not beat inflation over the long term. Consider gradually shifting a portion to equity mutual funds to potentially enhance returns, given your risk appetite.

Retirement Corpus:
To achieve a retirement corpus of 2 crore, ensure your investments are aligned with your retirement goals. Consider increasing SIP amounts periodically, taking advantage of compounding. Also, consider adding debt or balanced funds to reduce overall portfolio volatility as retirement approaches.

Suggestions:

Review & Rebalance: Periodically review your portfolio's performance and asset allocation. Rebalance if necessary to align with your retirement goals.
Diversification: Explore adding international funds or sector-specific funds to diversify further.
Tax Efficiency: Consider ELSS funds for tax-saving while aligning with retirement goals.
Given the complexities of retirement planning, consulting with a Certified Financial Planner can offer personalized guidance tailored to your retirement aspirations.

Your dedication to retirement planning is commendable, and with strategic planning, you're on the right path towards achieving your retirement goals.

..Read more

Ramalingam

Ramalingam Kalirajan  |8320 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

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Hi.I am 43 yrs old Married and have a 8yrs child .Need a corpus of 3-4 crs at the time of retirement maybe 55yrs . Having Home loan which is going 34k/ monthly and household expense. Below is the monthly SIP Aditya Birla -Growth -2000/-, Axis Bluechip -Growth -2500/-Axis flexi -Growth-2500/- AxisSmall Cap -Growth-2500/-HDFC Top 100-Growth -3000/- Nippon Multi Cap -Growth 4500/- Sbi Small Fund 2500/- Can it help me in achieving my goal or do have realter my Sip to achieve my target.
Ans: Given your goal of accumulating a retirement corpus of 3-4 crores by the age of 55 and your existing financial commitments, it's essential to assess whether your current SIPs are sufficient to meet your objectives. Here are some considerations:

• Evaluate Current SIPs: Your current SIPs reflect a diversified investment approach across various mutual fund categories, which is a positive step. However, it's crucial to review the performance of these funds periodically and ensure they are aligned with your risk tolerance and investment goals.

• Assess Target Corpus: To accumulate a corpus of 3-4 crores by the age of 55, you'll need to determine the monthly SIP amount required to achieve this target. Consider consulting a Certified Financial Planner who can conduct a detailed analysis based on factors like your current age, risk profile, expected returns, and time horizon.

• Factor in Home Loan: Since you have a home loan with a monthly EMI of 34,000, it's essential to ensure that your SIP contributions do not strain your monthly cash flow. Balancing your loan repayment with long-term investments is crucial to maintain financial stability.

• Review Investment Strategy: Depending on your risk appetite and investment horizon, you may need to adjust your SIP allocations to optimize returns and achieve your retirement goal. Consider diversifying your portfolio further or exploring other investment avenues to enhance growth potential.

• Regular Monitoring: Keep track of the performance of your SIPs and make adjustments as needed to stay on course towards your retirement goal. Regularly review your portfolio, market conditions, and personal financial situation to make informed decisions.

• Seek Professional Advice: Consulting with a Certified Financial Planner can provide valuable insights and recommendations tailored to your specific financial objectives. They can help you develop a comprehensive retirement plan, optimize your investment strategy, and address any concerns or challenges along the way.

In conclusion, while your current SIPs represent a good starting point, achieving a retirement corpus of 3-4 crores by the age of 55 may require further evaluation and adjustments to your investment strategy. By reviewing your financial plan regularly and seeking professional guidance, you can increase the likelihood of reaching your retirement goals successfully.

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Ramalingam

Ramalingam Kalirajan  |8320 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 18, 2024

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Sir my age is 32 years, I have started Sip since July 2023 my investment details are below Nippon small cap 2k Quant small cap 1k Tata small cap 1k Sbi small cap 2k ICICI prudential value 2k Quant mid cap 3k Sbi magnam mid cap 2k Sbi contra fund 3k Parag Parikh flexi cap 2k 25 years sip plan with step up, please review my portfolio,
Ans: Your proactive approach to investing in SIPs at a young age is commendable. This sets a strong foundation for long-term wealth creation. Your diversified portfolio reflects a good understanding of market opportunities and risks.

Evaluating Your Current Portfolio
Current Investments:

Your SIPs are spread across small cap, mid cap, and contra funds, with a flexi cap for additional diversification.
Each category serves a distinct purpose in your investment strategy.
Portfolio Composition Analysis
Small Cap Funds:

Growth Potential: Small cap funds offer high growth potential but come with higher risk.
Current Allocation: You have ?6,000 in small cap funds, which is quite aggressive.
Assessment: High risk, high return. Ensure you are comfortable with the volatility.
Mid Cap Funds:

Balanced Growth: Mid cap funds provide a balance between growth and stability.
Current Allocation: ?5,000 in mid cap funds. This is a good strategy to capture growth while managing risk.
Assessment: Moderately risky, suitable for long-term goals.
Value and Contra Funds:

Defensive Strategy: These funds invest in undervalued stocks, aiming for long-term growth.
Current Allocation: ?5,000 combined in value and contra funds.
Assessment: Less risky, suitable for market downturns.
Flexi Cap Funds:

Diversification: Flexi cap funds invest across market capitalizations, providing diversification.
Current Allocation: ?2,000 in flexi cap.
Assessment: Provides a safety net by diversifying across various market segments.
Recommendations for Optimization
Balancing Risk and Growth:

Reallocation Suggestion: Consider reallocating some funds from small cap to more stable options like large cap or balanced funds.
Reason: Reduces overall portfolio risk while still aiming for growth.
Introduction of Large Cap Funds:

Suggestion: Add a large cap fund to your portfolio.
Reason: Large cap funds provide stability and steady returns, balancing the high-risk small and mid cap funds.
Balanced Funds:

Suggestion: Include a balanced or hybrid fund.
Reason: These funds invest in both equity and debt, offering a balanced risk-reward profile.
Portfolio Step-Up Strategy
Regular Increases:

Implementation: Increase your SIP contributions annually as planned.
Reason: Step-up SIPs help in compounding your investments more effectively.
Importance of Professional Guidance
Engage a Certified Financial Planner (CFP):

Benefits: Personalized advice tailored to your financial goals and risk tolerance.
Reason: A CFP can help optimize your portfolio and ensure it aligns with your long-term goals.
Regular Monitoring and Review
Periodic Portfolio Review:

Frequency: Review your investment portfolio at least annually.
Reason: Ensures your investments stay aligned with your goals and market conditions.
Rebalancing:

Action: Rebalance your portfolio if any fund significantly outperforms or underperforms.
Reason: Maintains desired asset allocation and risk level.
Final Thoughts
Your disciplined investment in SIPs across diverse funds is a strong start. For optimal growth and risk management, consider introducing large cap and balanced funds into your portfolio. Regular reviews and professional guidance will keep your investments on track. Your commitment to a 25-year plan with step-ups shows foresight and determination, paving the way for substantial wealth creation.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Ramalingam

Ramalingam Kalirajan  |8320 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 20, 2024

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Hello Sir, Hope you are doing good. My current age 35, I am planning to invest as SIP 60K monthly for 15 years. My goal is 2 crore after 15 years. Below are the schemes I choose. Kindly review and suggest changes if any Midcap Fund Motilal Oswal Midcap Fund Direct-Growth 4K, Mahindra Manulife Mid Cap Fund Direct - Growth 4K, Smallcap Fund Axis small cap direct growth 4k, Canara robecco small cap 4K, quant small cap 4K, Nippon small cap 4K, Mid and Largecap Mirae Asset Emerging Bluechip fund 4K, Axis Growth Opportunities Fund Direct - Growth 4K, Multicap Mahindra Manulife Multi Cap Fund Direct - Growth 4K, HDFC Multi-Cap Fund Direct - Growth - 4K, Mirae Asset Multicap Fund Direct - Growth 4k, Canara Robeco Multi Cap Fund Direct - Growth 4K, Flexi Parag Parikh Flexi Cap Fund Direct-Growth 4K, Quant Flexi Cap Fund Direct-Growth 4K, Value Tata Equity PE Fund Direct-Growth - 4K
Ans: Reviewing and Optimizing Your Mutual Fund Portfolio
It's great to hear from you! Let's review your chosen mutual fund schemes and ensure they align with your investment goals and risk profile.

Acknowledging Your Investment Goals
Genuine Compliments: Your proactive approach towards investing for your future is truly commendable, especially at the age of 35.

Empathy and Understanding: I understand that achieving a corpus of 2 crore in 15 years is a significant financial goal, and it requires a carefully crafted investment strategy.

Evaluating Selected Schemes
Diversification: Your selection of funds across different categories reflects a desire for diversification, which is crucial for managing risk.

Disadvantages of Direct Funds: While direct funds offer lower expense ratios, managing multiple funds directly can be time-consuming and may require expertise.

Benefits of Regular Funds Investing through MFD with CFP Credential: Investing through a Certified Financial Planner (CFP) who specializes in mutual funds can provide professional guidance and simplify the investment process.

Optimizing Your Portfolio
Consolidation: Consider consolidating your portfolio to reduce overlap and streamline management. Focus on quality funds with strong track records.

Risk Management: Given the aggressive nature of mid-cap and small-cap funds, ensure they align with your risk tolerance and time horizon.

Balanced Allocation: Aim for a balanced allocation across large-cap, mid-cap, and multi-cap funds to mitigate risk and capture growth opportunities across market segments.

Conclusion
By optimizing your mutual fund portfolio with a focus on diversification, risk management, and professional guidance from a Certified Financial Planner, you can increase the likelihood of achieving your financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Latest Questions
Radheshyam

Radheshyam Zanwar  |1601 Answers  |Ask -

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on May 06, 2025

Career
Dear Sir, as my son Inter bord got 91% but in Jee mains 1st attempt got 50% and 2nd attempt got 70%, but he was not eligible for Advance, and he was wrote other college exams as (IIIT Hyd + VIT+TSEAPCET) in that VIT got results as 1.20 Lakh rank and he was eligible for Round of Category of 5th for VIT-AP & VIT-Bhopal, and expecting results for IIIT Hyd and also waiting for other Exams as (COMEDK + MIT + BITS), he was sincerely trying the efforts private college entrance exams, but the results which is not satisfy for him, and getting disappoint, but I was giving the motivation for other exams and do the hard work and focus on, BITS & IIT-Hyd also very tuff and more competitive, as i need to think for the negative side, if he could not get any cut of marks, what is the next option....? I request you pls give any other alternate suggestions for which is alternate engineering university for the course of (CSE AI & ML), my son interested in CSE course only
Ans: Hello Rakesh
First and foremost, I would like to commend your son for his earnest efforts in preparing for a range of engineering entrance examinations. His dedication is commendable, even if the outcomes so far haven't aligned with expectations. As you’ve mentioned, he has not yet been able to meet the required cutoff, which understandably may lead to feelings of disappointment or frustration.
However, the journey isn't over. Significant opportunities still lie ahead with BITSAT and IIIT-Hyderabad, both of which are known to be less about difficulty and more about testing strategic thinking and conceptual clarity. It appears that your son may be facing challenges in effectively managing the vast syllabus or might not yet have identified the right approach to tackle these competitive exams. Understanding how to study smartly for such tests often makes all the difference.
It’s important to maintain a positive outlook and avoid negative assumptions at this stage. You haven’t mentioned your financial circumstances, but if your son is determined to pursue fields like Computer Science, Artificial Intelligence, or Machine Learning, and if merit-based options don’t materialize, admission through the management quota could be a viable alternative. This route is typically available in reputed private engineering colleges, though it comes with a higher financial commitment.
Before considering this option seriously, I would recommend waiting for the results of all the remaining entrance exams. At the same time, it would be wise to proactively visit a few reputed institutions to inquire about the availability of management quota seats, associated costs, and relevant terms and conditions. Many parents secure such seats early on, anticipating the challenges their child might face in clearing competitive cutoffs.
Stay optimistic, there are still several promising pathways ahead.
Follow me if you like the reply. Thanks
Radheshyam

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Dr Nagarajan J S K

Dr Nagarajan J S K   |372 Answers  |Ask -

NEET, Medical, Pharmacy Careers - Answered on May 06, 2025

Asked by Anonymous - May 06, 2025
Career
can i get admission in NFSU through jee mains score only ? because i gone on NFSU admission portal link for B.Tech-M.Tech Integrated program in Computer Science and Engineering (Cyber Security) but they asking about NFAT exam
Ans: Hi,
I apologize for any confusion, but I want to clarify that when the government asked for our support of the ONE NATION ONE CARD system, we did not accept it. Similarly, everyone is required to open a savings account at a bank, and many of us expressed our discontent. However, we can see the positive changes happening in India. If we support the government, they will reciprocate by providing benefits to the citizens.

In terms of education, the government is attempting to implement a new education policy, which has proven to be quite difficult. The education system has changed significantly before and after the pandemic. Now, the government is working on new policies that align with those of developed countries.

Therefore, we cannot expect the ONE STUDENT ONE EXAM system from the government at this time, as it is not included in the current guidelines. Each council or organization has its own set of guidelines, and synchronizing them will take time. At this moment, it is simply not feasible.

The NFAT exam is different from the JEE. In the case of the JEE, they did not notify the aspirants that they are eligible to apply for NFSU, and similarly, NFSU did not mention that JEE rank holders could also apply. Therefore, if you want admission to NFSU, you need to register and appear for the NFTA.

In the near future, we can expect the ONE STUDENT ONE EXAM system from this BJP government for the benefit of younger generations. For the benefit of postgraduate aspirants (for all courses except a few professional ones), the NTA is organizing the PGCUET exam nationwide. In this exam, you can opt for up to four different courses based on your eligibility.

A similar exam pattern is needed for engineering and medical fields as well. As I mentioned, we can expect this change; however, we, as citizens, should offer moral support for the benefit of younger generations. Unfortunately, we often do not provide this support to the government. For example, in the NEET exam, many aspirants do not follow the guidelines even when appearing for the exams.
BEST WISHES

POOCHO. LIFE CHANGE KARO.

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Dr Nagarajan J S K

Dr Nagarajan J S K   |372 Answers  |Ask -

NEET, Medical, Pharmacy Careers - Answered on May 06, 2025

Career
Hello sir I have taken a 1 year drop for neet 2025 from pw online . But now I am scoring only 300 in neet .Now i am very confused what to do should I take one more drop or chose any option. This time i want to join offline coaching and really want to work hard but afraid that the coaching centre after knowing my marks will give me their worst batch so what should i do ?
Ans: Hi Ritika,
You mentioned that you scored only 300 in NEET. While we can't make any judgments until the official results are published, I must say that a score of 300 is quite low.

If you're planning to reappear for NEET, that's a good decision! However, I understand you might be worried about the coaching classes placing you in a less suitable batch. I recommend attending for 2 or 3 days while attending the coaching just follow the below instructions.

Make a list of the subjects and chapters you find challenging. Discuss these areas with your coaching faculty and aim to ask at least 15-20 questions daily to clarify your doubts and enhance your understanding. Additionally, request tips and tricks for each chapter so that you can put in a lot of effort to reach your goal.

Alternatively, you can prepare 10 questions on your own and seek answers from your coaching faculty. If you maintain this practice throughout the course, you'll build your confidence, and the coaching staff may consider changing your group due to your proactive approach in asking questions.

Through NEET, you can also pursue other medical-related courses such as BAMS, BSMS, BHMS, BYMS, BNYS, and BDS.

If you don’t have confidence in yourself, you might consider dropping NEET and exploring other courses. However, I encourage you to take one chance and follow my suggestions.

Additionally, if you are not already practicing yoga and meditation, I recommend starting. These activities can help you concentrate better and reduce distractions while studying.

Best of luck!
POOCHO. LIFE CHANGE KARO.

...Read more

Dr Nagarajan J S K

Dr Nagarajan J S K   |372 Answers  |Ask -

NEET, Medical, Pharmacy Careers - Answered on May 06, 2025

Career
Hlo I have taken a 1 year drop in 2024 for neet but i am scoring only 300 . Now I am so confused what to do I really want to crack neet and this time i want to join offline coaching but afraid that i can do it or not Please tell me what to do
Ans: Hi Ritika,
Good decision! Offline coaching is far better than online coaching because it allows you to focus on your studies more effectively.

You mentioned that you need to crack the exam, so here are some tips on how to do that:

First, identify which subjects and chapters you find challenging and make a list. Discuss these areas with your coaching faculty. Aim to ask at least 10 questions daily to clarify your doubts and enhance your understanding.

Alternatively, you can prepare 10 questions on your own and seek answers from your coaching faculty. If you maintain this practice throughout the course, you will build your confidence.

Additionally, if you are not practicing yoga and meditation, I recommend starting. These activities can help you concentrate better and reduce distractions while studying.

Best of luck!

POOCHO. LIFE CHANGE KARO.

...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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