Home > Money > Question
Need Expert Advice?Our Gurus Can Help
Ramalingam

Ramalingam Kalirajan  |8513 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 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
AVP Question by AVP on Apr 30, 2025
Money

Hi Sir, My question is that i have invested around 20 lacs in mutual funds till now with asset value around 21 lacs as of date. I have recently come to know that "regular funds" have more expense ratio and if the fund value is more, then the difference between the direct and regular funds is quite substantial. Now since all my mutual funds are "Regular" funds and not "Direct", i am in a dilemma. I plan to keep investing for another 20 years max. Do i withdraw all the funds and then re-invest under direct and then keep investing for another 20 years or do i stop only all the future SIPs for the regular funds and start with new ones in Direct?. The reason is that i dont want to get a nasty surpirse when i go for withdrawal after so many years. Pls guide. your insights would be very much appreciated. Thanks.

Ans: It’s great to see that you’ve built a strong mutual fund portfolio of Rs. 21 lakhs.
Your long-term horizon of 20 years is also a big strength.
Let us now go step-by-step and understand what’s best for you.

Current Portfolio Snapshot
Your total investment is around Rs. 20 lakhs.

Current value is around Rs. 21 lakhs.

All investments are in regular mutual funds.

You plan to continue investing for up to 20 more years.

Your Main Concern
You found that regular mutual funds have higher expense ratios.

You worry this cost will reduce your wealth in the long run.

You are thinking about shifting to direct mutual funds.

You are considering two actions:

Stop current SIPs and start new SIPs in direct funds

Or redeem all and reinvest in direct funds

Your Approach:
You have shown good financial awareness.

Long-term investing is the right strategy.

Evaluating costs and value is a smart investor’s habit.

Wanting to avoid surprises later is a thoughtful move.

You are trying to protect future returns.

That deserves appreciation and respect.

Understanding Expense Ratios
Yes, regular funds have higher expense ratios than direct funds.

The difference may look small yearly.

But over 15–20 years, it can become meaningful.

Yet, cost is only one part of investing.

Let us now look at the full picture.

What You May Lose in Direct Mutual Funds
No certified financial planner to guide your journey.

You must monitor all funds and markets yourself.

Asset allocation, SIP review, and fund performance – all by yourself.

In stressful markets, decisions get tougher.

Many investors switch wrongly in panic.

Lack of hand-holding can cost more than expense ratio.

What You Gain in Regular Mutual Funds
You get help from mutual fund distributors with CFP knowledge.

They help in choosing the right fund and goal planning.

Also help in reducing taxes and increasing efficiency.

Provide motivation during weak market cycles.

That support can increase your long-term returns.

In fact, emotional mistakes avoided often cover the extra cost.

Should You Stop Existing SIPs?
If you feel confident managing investments, you can consider it.

Stop regular SIPs and start direct SIPs from today.

That way, no tax is triggered now.

Also, you don’t disturb existing investments.

This gives you time to test and compare performance.

You can move slowly and with comfort.

Should You Redeem and Reinvest in Direct Funds?
Not recommended immediately.

Redemption may trigger capital gains tax.

Short-term capital gains are taxed at 20%.

Long-term capital gains above Rs. 1.25 lakh are taxed at 12.5%.

You may also lose indexation benefit in some debt funds.

Exit load may apply if units are sold within 12 months.

Also, market timing risk if funds are redeemed and reinvested wrongly.

A Balanced Solution That Works
Don’t disturb existing regular funds.

Continue holding them for long term.

Avoid booking gains unless needed for goals.

Start fresh SIPs in direct funds if you are confident.

This way, you mix both approaches.

Slowly compare and learn before switching completely.

You avoid taxes, exit load, and rushed decisions.

Professional Support vs. Lower Cost
Direct funds save cost but demand skill and discipline.

Regular funds offer experience, planning, and structured help.

Without guidance, you may miss rebalancing and goal reviews.

Long-term success depends more on decisions than cost.

Cost is not a risk. But lack of direction is a risk.

Focus More on Strategy Than Product
Keep clear goals like retirement, kids’ education, etc.

Match SIPs to each goal with proper tenure.

Allocate across equity, debt, hybrid as per risk profile.

Stay invested for full tenure. Don’t panic during market dips.

Don’t chase returns, focus on disciplined investing.

That’s how wealth is truly created.

Taxation Rules to Know
LTCG above Rs. 1.25 lakh in a year is taxed at 12.5%.

STCG is taxed at 20% for equity mutual funds.

Debt fund gains are taxed as per your income slab.

If you redeem now, tax reduces your wealth.

Long-term holding avoids such tax leakage.

Key Benefits of Using a Certified Financial Planner
You get a roadmap for all financial goals.

Periodic portfolio review is done professionally.

Correct asset allocation is maintained for all stages.

Tax planning and goal planning are integrated.

You stay on track emotionally and financially.

Over time, their value is much higher than cost.

Direct Plans May Not Be for Everyone
It needs time, interest, and high investment knowledge.

Mistakes can cost more than expense ratio savings.

Switching funds wrongly can hurt performance.

Ignoring rebalancing can derail the plan.

That’s why many smart investors still prefer regular plans.

Important Don’ts
Don’t rush to switch the entire portfolio.

Don’t redeem now just to shift to direct.

Don’t go only by cost difference. Look at value too.

Don’t invest without a goal or plan.

Don’t let news or fear guide your actions.

360-Degree Recommendation
Stay invested in your regular plans.

Don't disturb your gains with tax and exit loads.

Start new SIPs in direct funds only if you’re confident.

Else, continue with regular funds for support and guidance.

Ensure all your investments are linked to goals.

Track your progress yearly with help from a planner.

Mix cost savings with smart planning, not only low cost.

Finally
You have built a good foundation already.

What matters more now is maintaining discipline.

Small cost differences won’t hurt if strategy is right.

Avoid emotional decisions and continue long-term focus.

Use professional support to make your money work smart.

Every year, review with a certified financial planner.

Let your portfolio grow calmly, with strategy and patience.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment
Asked on - May 02, 2025 | Answered on May 05, 2025
Thanks a ton. Your insights were indeed valuable.
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.
Money

You may like to see similar questions and answers below

Ulhas

Ulhas Joshi  | Answer  |Ask -

Mutual Fund Expert - Answered on Jun 30, 2023

Asked by Anonymous - Jun 27, 2023Hindi
Listen
Money
Hi, I recently redeemed approx 38 L worth of MFs, after a careful review of my portfolio and then deciding to exit from a couple of funds, only to subsequently reinvest those in some better ones, albeit the tax liability, which I decided to treat is a sort of "Exit Load"... NOW, while my portfolio manager has suggested me on some funds which he feels I should re-invest this amount, but I am of the opinion that I must hold the amount in my bank for the time being- and wait for some time before reinvesting, given the ultra-high market valuation as of now. I am in a dilemma on whether it will be worthwhile to re-invest the entire amount in one go... or put it in some Liquid fund now and then invest through SIP for over the next 6 months or so. Besides this, should I consider the reinvestment in Direct funds, instead of Regular type... which may deprive my Portfilo advisor from his own earnings. All along he has been advising me free of cost, simply because I have been investing through him, in Regular Funds. Though I do want him to stay connected to me and not lose on his own income, but then the delta between Direct and Regular funds is gradually widening over the time, and one can see that from the difference of the NAVs of Direct and Regular of most funds. Keeping the sentiments aside, in-principle what should be the right strategy to choose? Since last so many years, I did not use to have much time to do research and then invest. So I needed someone to advise me on which fund to invest, how much and when etc. But now I am retired and can spend more time to do my own research... but then it would mean knocking out the advisor, who have been with me over last 12-15 years.? Please advise.
Ans: Hello and thanks for writing to me. There are multiple parts of this question and let us tackle them one by one.

One question pertains to whether you should stop investing thru your adviser and switch to direct plans. You first need to evaluate whether your advisor has helped you achieve your financial goals well and in a manner that you were comfortable with. You also need to understand that choosing the right mutual fund by yourself is not just a matter of having time to study markets and funds but requires experience, knowledge and skills that one attains over time. Do you believe that you will be able to pick up these skills quickly? You need to deeply think about this and then make a decision.

On to the other part of where to invest a corpus of around Rs.38 Lakh, there are always reasons to not invest and reasons to invest. SIP's are simple and for most people, an effective tool for wealth creation, simply because you keep taking consistent steps towards your goal. If you feel markets are too overvalued and expect a correction, then your strategy of investing via SIP's over 6 months may be a good idea, but if markets rise and you miss out gains, you may regret sitting out on the sidelines. To come to the mechanics of your, a systematic transfer plan where you invest in a liquid or overnight fund and instruct the AMC to switch corpus into an equity scheme of your choice. This way you get the returns of a liquid fund and the ability to switch the funds from the source scheme (liquid fund in this case) to an equity or any other scheme of your choice.

..Read more

Ramalingam

Ramalingam Kalirajan  |8513 Answers  |Ask -

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

Listen
Money
I am a mutual fund investor since 2010 by SIP & Lupsum , Now I am holding Funds Quant Small cap , Quant large & Mid cap , Hdfc 30 Foused fund , Aditya Birla psu equity Fund , & Sbi contra Fund all are direct plan Every month sip is 20000 each Fund shall I continue as it is or any changes
Ans: Kudos on your decade-long journey in mutual fund investments! It's impressive to see your commitment to building wealth through disciplined investing.

As a Certified Financial Planner, I understand the importance of periodically reviewing and adjusting your investment portfolio to ensure it remains aligned with your financial goals and risk tolerance. Here are some considerations regarding your current portfolio:

Diversification: Your portfolio appears to be well-diversified across different fund categories, which is commendable. Diversification helps spread risk and potentially enhance returns over the long term.
Performance Evaluation: Evaluate the performance of each fund in your portfolio relative to its benchmark and peer group. Ensure that the funds are consistently meeting your expectations and delivering satisfactory returns.
Fund Manager Track Record: Assess the track record and expertise of the fund managers managing your investments. Consistent and experienced fund management can significantly influence the performance of mutual fund schemes.
Expense Ratio: Keep an eye on the expense ratio of your funds, as lower expenses can directly impact your returns over time. Direct plans typically have lower expense ratios compared to regular plans, allowing you to maximize your investment returns.
Market Conditions: Stay attuned to prevailing market conditions and economic trends that may impact the performance of your investments. Consider consulting with a Certified Financial Planner for personalized advice based on the current market scenario.
Ultimately, the decision to continue with your existing SIPs or make changes depends on various factors, including your investment objectives, risk tolerance, and market outlook. Regularly reviewing your portfolio and seeking professional guidance can help you make informed investment decisions and stay on track to achieve your financial goals.

Keep up the good work, and remember that consistency and discipline are key to long-term investment success!

..Read more

Latest Questions
Ramalingam

Ramalingam Kalirajan  |8513 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 25, 2025

Asked by Anonymous - May 24, 2025
Money
Hi Ramalingam Sir, First of all thank you for your replies for my previous queries. I am 41 yrs old private employee earning 1.5 lakhs per month. I and my brother combined constructed a house 5 years back by taking joint loan of 59lakhs with 9.1 interest (floating)for 21 years. We both are paying 50k per month. 25k each. Till now not much principal got reduced. We have opened one joint account and adding some amount of 4k (each 2k) every month and thinking to pay as principal amount at end of year. I don't feel it is good idea but we are not getting any idea. Could you please give us suggestion on how to pay this loan as much as early.? Thanks in advance
Ans: You have done a great thing by co-owning and sharing a loan. It takes planning and commitment. Paying a long-term loan early needs careful steps. A focused strategy will help you save interest and reduce stress.

Below is a complete 360-degree solution. This will help you close the loan faster and stay financially safe.

1. Understanding Your Current Loan Structure

You and your brother took a joint home loan of Rs. 59 lakhs.

Interest is 9.1% (floating). That’s quite high.

You both are paying Rs. 25,000 each, totalling Rs. 50,000 monthly.

The loan tenure is 21 years.

After 5 years, principal reduction is still very low.

This is because in early years, interest eats most of EMI.

Your method of saving Rs. 4,000 monthly to prepay annually is good in spirit.

But in action, it may not create much impact.

Let us explore a better plan.

2. Step-by-Step Review of the Issue

Your interest rate is 9.1%, which is high today.

Loan is 5 years old, so around 16 years are left.

You have already paid around Rs. 30 lakhs in EMIs.

Still, the loan principal hasn’t reduced much.

This means you are in the heavy-interest zone.

Time is the biggest cost here.

Faster principal reduction will save a lot of interest.

You can’t just depend on small yearly prepayment.

3. First Action – Review and Refinance the Loan

First, check your current loan outstanding.

Check your repayment schedule from bank or netbanking.

See how much of EMI is going to interest.

Now consider transferring the loan to a new bank.

Many banks now offer home loans around 8.3% to 8.6%.

A 0.5% difference may look small.

But it can save lakhs over remaining years.

You and your brother must compare 3–4 lenders.

If new bank is ready, shift to a lower rate.

No harm in reducing tenure while transferring.

Even 2–3 years cut in tenure saves a lot.

4. Revisit EMI and Tenure

You are paying Rs. 25,000 monthly.

This may be within your budget.

If yes, try to increase EMI by Rs. 2,000–Rs. 3,000 per head.

Higher EMI cuts principal faster.

Lower tenure means lesser interest burden.

Use the new EMI wisely by combining refinance and increased payment.

Avoid extending the loan tenure again.

If possible, reduce tenure instead of EMI.

5. Rethink the Annual Rs. 4,000 Saving Approach

Saving Rs. 4,000 monthly in joint account is okay.

But idle money doesn’t grow.

Interest in bank account is very low.

Instead, invest this Rs. 4,000 in a short-term debt mutual fund.

Use regular plan through MFD with CFP credential.

Direct plans may look cheaper but lack support and rebalancing.

With regular plan, you get better advice and ongoing help.

At year-end, redeem and prepay lump sum against principal.

Debt funds offer better growth than savings account.

Tax efficiency is also better if used wisely.

6. Create an Emergency Buffer Separately

Prepaying is good, but emergency safety is more important.

Before aggressive prepayment, build a safety fund.

Keep at least 3–6 months of EMI and expenses as emergency fund.

Use liquid mutual funds for this.

This protects your EMI even if job or cashflow is hit.

Avoid using your loan prepayment savings for emergencies.

Keep the two goals separate.

7. Avoid Prepayment from Retirement Corpus

Never touch EPF, PPF or long-term savings for loan prepayment.

That may create future income problems.

Let those assets grow for your retirement years.

Housing loan can be managed with better cashflow planning.

Prioritise steady investments over aggressive prepayment from retirement corpus.

8. Align Investments and Loan Closure Together

If you want to clear the loan faster, balance it with investment goals.

You can run SIPs and prepayment both side by side.

Divide monthly surplus into three:

Some for SIPs in active mutual funds.

Some for yearly lump sum prepayment.

Some for emergencies.

This keeps wealth creation, risk cover, and debt reduction in sync.

Don't stop SIPs completely just to prepay faster.

Mutual funds give long-term growth and liquidity.

9. Tax Benefit Assessment

Home loan offers tax deductions on interest and principal.

You both are eligible for 80C (principal) and 24(b) (interest) benefits.

Check if you are using full benefit.

But don’t keep loan just for tax saving.

Interest outgo is more than tax saved in most cases.

It is better to close loan early and then invest that EMI.

You get better peace of mind and cashflow freedom.

10. Use Bonuses and Extra Income Smartly

You may receive bonus, incentives, or yearly hikes.

Use a fixed portion of that money to prepay loan.

For example, 40% of bonus goes to loan, 40% to investments.

Remaining 20% for personal spending.

This method helps in faster loan closure.

But keeps your future goals also on track.

11. Communicate and Review as a Team

You and your brother are managing the loan together.

That’s a great responsibility and effort.

Keep monthly reviews and open communication.

Review the bank statement, interest paid, and outstanding.

Every prepayment reduces total interest burden.

Celebrate milestones like Rs. 5 lakh principal paid off.

It will keep both of you motivated and united.

12. Don’t Buy More Real Estate Now

Your existing home is already a big commitment.

Avoid investing in second property.

Real estate has poor liquidity and low regular returns.

Maintenance cost, property tax, and legal risk are high.

Don’t stretch finances with multiple loans.

Build wealth through financial assets instead.

13. Take a Certified Financial Planner’s Help Once a Year

Every year review your plan with a Certified Financial Planner.

Check how much principal is left.

Plan SIPs, investments, and prepayment in right proportion.

Review life and health insurance too.

A CFP helps you align your goals with numbers and strategies.

14. Insurance Protection Check

Ensure you and your brother both have term insurance.

This secures the loan liability.

If something happens to one person, the other isn’t burdened.

Term plan is low-cost and covers only risk.

Avoid policies that combine insurance and investments.

15. Track Your Progress Annually

Make a simple tracker in Excel or diary.

Note EMI paid, principal reduced, balance left.

Mark each prepayment.

It motivates and helps fine-tune future decisions.

Share the sheet with your brother too.

Finally

You both have made a good effort so far.

The first five years of a loan are toughest.

Now is the best time to take control.

Don’t let the high interest eat your future savings.

Use a mix of refinance, EMI increase, short-term fund, and lump sum payments.

Don’t compromise on long-term investments and insurance.

Keep your goals clear and emotions away from decisions.

Your loan can be closed 5–7 years early with these changes.

That will free up cash for future dreams and peace of mind.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

Ramalingam

Ramalingam Kalirajan  |8513 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 25, 2025

Asked by Anonymous - May 25, 2025
Money
Hi, I am 52 and working in a Central Government job. My gross salary is around 2.5lacs. My husband is 53 yrs old and working in a pvt company. His take home is 4.2l per month. We have two flats worth 1.7cr each which are currently in use. We have another flat worth 2.5cr. Apart from this we have a farmhouse land worth 80l and some ancestral property worth 50l. We have two children, elder daughter in final year of degree and wants to pursue higher education abroad. Son is 18 and has taken admission in Btech this year. His monthly expenditure including everything will be around 60 thousand. Apart from this we have a monthly expenditure of 1L and due to husband ongoing health issues considerable expenditure on treatment around 1l we both have around 1.5 cr in epf, 30l in stocks and 8l on sip. Also 6vl each in ppf Due to health issues, husband want to able to continue his job long and has to take premature retirement. What should be our future investment plans. Kindly guide
Ans: You have worked hard and saved well. Your current asset base is strong. Your financial situation now needs a clear, future-ready plan. Let’s assess, realign, and plan forward with clarity and balance.

Here is a detailed 360-degree solution designed just for your needs.

1. Understand the New Phase

You are entering a key transition stage in life.

Your family income may reduce soon.

Medical costs are rising steadily.

Children’s higher education will need big money.

Retirement is also nearing.

Hence, your money must now work smarter.

2. Current Income and Expenses

Monthly family income is around Rs. 6.7 lakhs.

Household and son’s expenses are Rs. 1.6 lakhs monthly.

Medical treatment adds Rs. 1 lakh per month.

So total regular outflow is Rs. 2.6 lakhs monthly.

This leaves you a surplus of Rs. 4.1 lakhs now.

However, post-retirement, husband’s income may stop.

Then surplus may drop to Rs. 0.9 lakhs per month.

This calls for adjusting investments wisely.

3. Children’s Higher Education Planning

Your daughter wants to study abroad soon.

Expenses may go beyond Rs. 40–50 lakhs easily.

Please don’t redeem retirement corpus for this.

Instead, plan to liquidate from equity-based assets.

Start a step-by-step Systematic Withdrawal Plan (SWP).

You may also liquidate part of your flat worth Rs. 2.5 crore.

If needed, consider an education loan partially.

This keeps your retirement fund safe.

4. Husband’s Premature Retirement

This needs realignment of your financial plan.

Ensure a minimum of 5 years expenses are protected.

This means Rs. 1.6 lakhs x 60 months = Rs. 96 lakhs.

Keep this amount in low-risk debt mutual funds.

Avoid taking this from EPF or PPF.

Use proceeds from one flat if necessary.

SIPs must continue, but evaluate rebalancing based on income drop.

5. Medical Contingency Planning

Your husband’s treatment cost is high.

Medical inflation is rising rapidly.

Ensure both of you have health insurance.

Prefer a Rs. 25–50 lakh family floater with super top-up.

Do not depend only on employer health cover.

Keep an emergency fund of Rs. 10–15 lakhs separate.

This can be in liquid or ultra-short debt mutual funds.

6. Retirement Planning for Both

You are 52 and still employed.

Retirement age may be around 58–60 years.

That gives you 6–8 years of active income.

Use this period to build a strong retirement fund.

Don’t withdraw EPF or PPF till maturity.

Consider contributing more in mutual funds through SIPs.

Keep retirement corpus in low-cost, diversified active funds.

Don't shift funds into annuity options.

Post-retirement, plan a SWP from mutual funds for income.

Try to build a retirement corpus of Rs. 3–4 crores.

This will give Rs. 1–1.25 lakhs income monthly.

Include spouse’s expenses, inflation, and medical needs.

7. Existing Real Estate Assets

You have three flats. Two are for your use.

The third one is worth Rs. 2.5 crores.

Avoid holding it just for value appreciation.

Use it strategically for daughter’s education and corpus building.

Avoid further real estate purchases now.

Real estate is not liquid.

It doesn’t give regular income.

It has high maintenance and poor tax efficiency.

Your real estate exposure is already high.

8. Existing Investments Analysis

EPF and PPF total is around Rs. 1.62 crores.

Stocks worth Rs. 30 lakhs add moderate risk.

SIPs are Rs. 8 lakhs value currently.

Continue SIPs in well-diversified active mutual funds.

Prefer regular plan with guidance from MFD with CFP credential.

Direct plans don’t suit every investor.

Regular plans offer rebalancing, review, and advice.

Stocks are fine, but not for short-term needs.

Try not to add more unless you have time to review.

Mutual funds offer better diversification and control.

Ensure debt-equity mix is rebalanced annually.

9. Tax Planning and Investment Efficiency

EPF, PPF are tax-free on maturity.

Mutual fund gains are taxable.

LTCG on equity funds above Rs. 1.25 lakh is taxed at 12.5%.

STCG is taxed at 20%.

Debt fund gains are taxed as per your slab.

Plan redemptions smartly to reduce tax burden.

Avoid too many redemptions at once.

Spread them across financial years.

Get Form 26AS checked every year.

Don’t buy insurance for tax saving.

10. Cash Flow Planning Post-Retirement

Husband’s income may stop soon.

Your income will continue till 58 or 60.

Use your salary to fund most expenses till then.

From age 60, use SWP from mutual funds.

Add rental income if any in future.

Avoid bank FDs for monthly income.

They have low returns and poor taxation.

Instead, use a ladder of debt funds for short-term needs.

Equity mutual funds for long-term growth.

11. Insurance Cover Check

Check your term insurance if still active.

If not, you may not need one now.

Your asset base is strong.

Focus more on health insurance.

Take a separate critical illness cover too.

Medical costs can deplete savings quickly.

Review nominee details in every policy.

12. Estate and Will Planning

You have significant real estate and investments.

Children will inherit eventually.

Prepare a registered Will soon.

Mention who gets what clearly.

Include mutual funds, EPF, PPF, stocks, property.

Assign separate nominees for each asset class.

This avoids future disputes and confusion.

Discuss openly with your children.

13. Investment Behaviour Going Forward

Keep emotions out of investment decisions.

Don’t redeem when markets fall.

Follow asset allocation method strictly.

Every year review the plan.

Rebalance mutual funds once a year.

Reinvest redemptions wisely.

Don’t increase real estate holding further.

Don’t fall for hot stock tips.

Avoid policies combining insurance and investment.

Finally

Your current position is strong.

Your focus should be on protection and preservation.

Avoid risky investments now.

Plan each goal with a dedicated fund.

Keep enough liquidity for health and education.

Create predictable income sources post-retirement.

Work with a Certified Financial Planner yearly.

Review goals, returns, risks and expenses every year.

Stay disciplined and goal-oriented.

Your family’s financial future will remain safe.

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.

Close  

You haven't logged in yet. To ask a question, Please Log in below
Login

A verification OTP will be sent to this
Mobile Number / Email

Enter OTP
A 6 digit code has been sent to

Resend OTP in120seconds

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus
Sign up

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

Enter OTP
A 6 digit code has been sent to Mobile

Resend OTP in120seconds

x