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Samraat

Samraat Jadhav  |2223 Answers  |Ask -

Stock Market Expert - Answered on May 07, 2024

Samraat Jadhav is the founder of Prosperity Wealth Adviser.
He is a SEBI-registered investment and research analyst and has over 18 years of experience in managing high-end portfolios.
A management graduate from XLRI-Jamshedpur, Jadhav specialises in portfolio management, investment banking, financial planning, derivatives, equities and capital markets.... more
Rajaram Question by Rajaram on Apr 20, 2024Hindi
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Sir, I am Patil 64 yr old retired professor started SIP from 2023 as 10000 in SBI Contra growth, 5000 in SBI devidend yield and 5000 in Nippon innovation. May I continue with, kindly advice. If any suggestions I can add few more. Hopping for expert advice. Thanking you sir.

Ans: Patil Sahab, Nippon innovation fund you need to keep for long term say 10yrs plus, as you are retired you should more invest in debt oriented schemes or balanced funds. Please add such funds in portfolio, for you capital preservation is more important.
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  |8100 Answers  |Ask -

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

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Hi, I am 49 Yr old having below SIP's presently. These are more than 5Yr old and in continuation. Pls advise if there is any change require. 1. Quantum Equity Fund of Funds-5K 2.ICICI Pru Technology Fund-5K 3.ICICI Pru Bluechip Fund-10K 4.Quantum Long term Equity Fund-7K 5.Nippon India Mutlicap Fund -4K 6.Birlasunlife Frontline Equity Fund-5K 7. Mirae Asset Emerging Bluechip Fund- 5K 8. SBI Bluechip Fuind-2.5K 9. SBI Magnum Midcap fund-2.5K 10. ICICI Pru Value Discovery Fund-5K Thanks Mahesh
Ans: It's great that you've been consistent with your SIPs over the years. However, it's always a good idea to review your portfolio periodically to ensure it aligns with your current financial goals and market conditions. Here are some suggestions:

Diversification: Ensure your portfolio is well-diversified across different asset classes and investment styles to mitigate risk. Consider adding exposure to debt or international funds if your portfolio is predominantly equity-focused.

Performance review: Evaluate the performance of each fund relative to its benchmark and peers. If any fund consistently underperforms or doesn't meet your expectations, consider replacing it with a better-performing alternative.

Cost analysis: Assess the expense ratios of your funds and compare them with similar funds in the market. Lower expense ratios can enhance your returns over the long term.

Risk tolerance: Reassess your risk tolerance and adjust your portfolio accordingly. As you approach retirement age, you may want to gradually shift towards more conservative investments to preserve capital.

Consult a financial advisor: Consider seeking professional advice from a financial advisor who can provide personalized recommendations based on your specific financial situation and goals.

By periodically reviewing and adjusting your SIP portfolio, you can ensure that it remains optimized for your financial objectives and market conditions.

..Read more

Ramalingam

Ramalingam Kalirajan  |8100 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 07, 2024

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I am interesting in SIP since 1 year in Parag Parikh flexi cap 15k, Mirae asset and Canara robeco ELSS MF 5k each, Nippon large cap 5k , Nippon small cap 2.5k , Quant small cap 5k , HDFC small cap ek , PGIM midcap opportunities 5k and Zerodha Elss MF 2k almost 50k per some mutual fund started 6 month ago , I am 32 years old my Target corpus is 10cr for NXT 15-20 years
Ans: It's fantastic to see your interest and commitment to SIPs. Your portfolio reflects a diverse mix of mutual funds.

Parag Parikh Flexi Cap, Mirae Asset, and Canara Robeco ELSS MF offer exposure to different segments of the market, ensuring diversification.

Nippon Large Cap and PGIM Midcap Opportunities add stability and growth potential to your portfolio, respectively.

Investing in small-cap funds like Nippon Small Cap, Quant Small Cap, HDFC Small Cap, and Zerodha ELSS MF demonstrates your appetite for high-growth opportunities.

Your target corpus of 10 crores over the next 15-20 years is ambitious yet achievable with disciplined investing and prudent portfolio management.

As you're 32 years old, you have time on your side to harness the power of compounding and ride out market fluctuations.

It's essential to review your portfolio regularly, considering your risk tolerance, financial goals, and market conditions.

Stay informed about the performance of your funds and be open to making adjustments if needed to stay on track towards your target corpus.

Remember, investing is a long-term journey, and consistency is key. Keep up the excellent work, and I'm here to support you in your financial endeavors!

..Read more

Latest Questions
Ramalingam

Ramalingam Kalirajan  |8100 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Mar 14, 2025

Asked by Anonymous - Mar 14, 2025Hindi
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Hello sir, I am planning to buy a flat, with some stock sale proceeds and bank loan. Can I claim section 54F, for the entire registration amount for a flat, along with registration fee ? Or bank loan part is not considered
Ans: Eligibility for Section 54F
Section 54F provides capital gains exemption when selling assets like stocks.
You must invest the full net sale proceeds in a residential property.
The new flat must be purchased within two years or constructed within three years.
You should not own more than one residential house at the time of sale.
Treatment of Bank Loan Under Section 54F
Exemption applies only to the portion funded by stock sale proceeds.
The bank loan portion is not considered for exemption.
You need to invest the entire net sale proceeds to claim full exemption.
Registration Charges and Stamp Duty
Registration charges and stamp duty qualify as part of the property cost.
These expenses can be included for exemption under Section 54F.
However, only the part paid from capital gains is eligible.
Ensuring Full Exemption
If you reinvest only part of the net sale proceeds, the exemption is partial.
Any remaining capital gain will be taxed.
To avoid tax, the full capital gain amount must be reinvested.
Tax Implications If Conditions Are Not Met
If you sell the new property within three years, the exemption is reversed.
The capital gain becomes taxable in the year of sale.
Ensure compliance with all conditions to retain tax benefits.
Alternative Planning Strategies
If full reinvestment is not possible, consider capital gains bonds.
These bonds provide an alternative exemption under Section 54EC.
This helps in tax-efficient planning while keeping liquidity options open.
Final Insights
Section 54F helps save tax if proceeds are fully reinvested.
The bank loan portion does not qualify for exemption.
Registration costs can be included but only if paid from capital gains.
Ensure compliance to avoid future tax liabilities.
Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

www.holisticinvestment.in

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

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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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