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Ramalingam

Ramalingam Kalirajan  |10071 Answers  |Ask -

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

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
Joydeep Question by Joydeep on Jan 27, 2024Hindi
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I am regularly investing via SIP in UTI flexicap since last 6 years. Now, I am seeing that, UTI FLEXICAP is underperforming relative to its peers. What should I do now? Should I stop SIP or continue?

Ans: When faced with underperformance in an investment like UTI Flexicap, it's essential to assess your options carefully. Here's a suggested approach:

Review Performance: Evaluate the fund's performance relative to its benchmark and peer group over various time frames. Consider factors like consistency, volatility, and risk-adjusted returns.
Understand Reasons: Research and understand the reasons behind the fund's underperformance. Assess changes in fund management, investment strategy, sectoral exposures, or market conditions that may have contributed to the performance lag.
Assess Your Portfolio: Consider how UTI Flexicap fits into your overall investment portfolio. Evaluate its role in diversification, risk management, and alignment with your financial goals and risk tolerance.
Consult with a Certified Financial Planner: Seek advice from a professional who can provide personalized guidance based on your individual circumstances. A Certified Financial Planner can help you assess whether to continue SIPs in UTI Flexicap or consider alternative options.
Explore Alternatives: Research other mutual funds in the flexicap category that have demonstrated consistent performance and align with your investment objectives. Compare their track records, investment philosophies, and expense ratios before making a decision.
Monitor Regularly: Regardless of your decision, continue to monitor the performance of your investments regularly. Stay informed about market trends, fund developments, and changes in your financial situation that may warrant adjustments to your investment strategy.
Ultimately, the decision to continue or stop SIPs in UTI Flexicap depends on your assessment of its performance, your investment goals, and your risk tolerance. With careful consideration and professional guidance, you can make informed choices to optimize your investment portfolio.
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  |10071 Answers  |Ask -

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

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I am investing in SIP for the last 5 years in axis long term equity 2000, uti nifty index fund 2000, sbi small cap fund 1000, quant active fund 2000, uti flexicap fund 2000. I have a timeline of 15years. Shall I continue or change some
Ans: It's commendable that you've been investing systematically for the past 5 years. Let's review your SIP portfolio and evaluate whether adjustments are needed to align with your long-term goals.

Analyzing Fund Selection:

Your SIP portfolio comprises a mix of equity funds, including Axis Long Term Equity, UTI Nifty Index Fund, SBI Small Cap Fund, Quant Active Fund, and UTI FlexiCap Fund. Each fund has its unique investment objective and risk profile.

Reviewing Performance:

Evaluate the performance of each fund relative to its benchmark index and peers over the past 5 years. Look for consistency in returns and assess whether the funds have met your expectations.

Assessing Fund Suitability:

Consider whether the selected funds align with your risk tolerance, investment horizon, and financial goals. Ensure that the portfolio is diversified across different market segments to mitigate risk.

Considering Market Conditions:

Review the current market conditions and economic outlook to assess potential opportunities and risks. Adjust your portfolio strategy accordingly to capitalize on emerging trends or mitigate downside risks.

Exploring Alternative Options:

If any of the funds in your portfolio consistently underperform or no longer align with your investment objectives, consider replacing them with better-performing alternatives. Consult with a Certified Financial Planner (CFP) for personalized advice.

Consultation with a Certified Financial Planner:

Engage with a Certified Financial Planner (CFP) to conduct a comprehensive review of your SIP portfolio. A CFP can provide insights into potential adjustments based on your financial goals, risk tolerance, and market outlook.

Conclusion:

In conclusion, periodic review and adjustments to your SIP portfolio are essential for optimizing returns and achieving your long-term investment goals. By staying informed, evaluating performance, and consulting with a Certified Financial Planner, you can make informed decisions to ensure the success of your investment journey.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |10071 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Nov 29, 2024

Asked by Anonymous - Nov 28, 2024Hindi
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I am having a SIP of 2000 on Bandhan flexicap_regular plan since 2014. Its XIRR is 13.6%. But, presently, many Flexicap funds like HDFC/Motilal Oswal/Patag Parikh is giving better return (>20%, 5 year). Should I consider to stop this SIP and start in another Flexicap fund for better return.
Ans: You have consistently invested Rs 2,000 per month in a flexicap fund since 2014. With an XIRR of 13.6%, this SIP has delivered a strong, inflation-beating return over time. This consistency reflects disciplined investment behaviour. However, it is natural to compare returns with other funds offering better short-term performance.

Let us analyse the situation and guide your next steps.

Strengths of Your Current Investment
Long-Term Investing: Staying invested since 2014 has leveraged the power of compounding.

Steady Returns: The fund has provided a stable 13.6% XIRR over nine years.

Market Phases: The fund has weathered various market cycles, proving its resilience.

Should You Switch to a New Fund?
Switching funds requires careful consideration. A short-term performance comparison alone is not enough.

1. Check Consistency Over Time
Review the 10-year and 15-year performance of your current fund.
Consistent performers in all market cycles are more reliable.
2. Assess Fund's Risk and Style
A high return in another fund may come with higher volatility or risks.
Evaluate the investment style and portfolio diversification of alternatives.
3. Impact of Capital Gains Tax
Selling your current investments may trigger long-term capital gains (LTCG) tax.
LTCG above Rs 1.25 lakh is taxed at 12.5%. Factor this into your decision.
4. Transaction Costs
Consider exit loads or transaction charges if applicable.
Regular switching can erode returns through such costs.
Benefits of Staying Invested
1. Avoid Market Timing
Timing the market by chasing high-return funds can lead to losses.
Patience with a consistent performer usually pays off in the long term.
2. Power of Compounding
Long-term SIPs maximise compounding benefits.
Frequent fund changes interrupt this growth cycle.
When Should You Consider Switching?
If the fund consistently underperforms its benchmark and peers over 5-10 years.
If there are major changes in fund management or strategy.
Alternative Approach Instead of Switching
1. Diversify Across Funds
Start a SIP in another flexicap fund without stopping the existing one.
This ensures better diversification without disrupting current investments.
2. Review Portfolio Overlap
Avoid funds with overlapping portfolios to ensure diversification.
3. Seek Expert Guidance
Invest through an MFD with CFP credentials for personalised fund selection.
Active management ensures funds align with your financial goals.
Disadvantages of Direct Funds
Direct funds do not offer advisory support.
You may miss crucial rebalancing opportunities without professional guidance.
Investing through regular plans with an MFD ensures expert monitoring and timely actions.
Final Insights
Your existing SIP has delivered steady, long-term returns. Do not switch based on short-term fund performance alone. Evaluate long-term consistency and risk before making changes. Consider starting a new SIP in another fund to diversify instead of stopping your current SIP.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

..Read more

Ramalingam

Ramalingam Kalirajan  |10071 Answers  |Ask -

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

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I am doing SIP in QUANT SMALL CAP & MIDCAP since last 2 years. Recently they are involved in front running case and SEBI investigation is going on. My doubt is shall i continue SIP or stop the investment ? I am already having another 5 SIPS in small cap , midcap & flexi cap since last 5 years which are having CAGR of above 15%. If you advice me to stop SIP in QUANT, i will divert this amount in above 5 sips.
Ans: The ongoing SEBI investigation and other highlighted concerns about Quant Mutual Fund raise significant questions. Here is a comprehensive evaluation of whether to continue your SIPs or stop them.

1. Understanding the Current Situation with Quant Mutual Fund
SEBI conducted a search-and-seizure operation, not a routine enquiry.

Quant Mutual Fund clarified that the operation was part of a court-approved investigation.

Changes in leadership, such as the CFO's resignation, have added to investor concerns.

Despite these challenges, the fund house continues to assure full cooperation with SEBI.

2. Performance and Reputation of Quant Mutual Fund
Quant Mutual Fund has shown exceptional growth, with AUMs rising from Rs 233 crore to Rs 94,000 crore in four years.

The fund's small-cap schemes have delivered outstanding performance, often topping the charts.

Critics highlight red flags, including over-reliance on one individual and potential SEBI rule violations.

Momentum-based strategies and concentrated stock holdings raise questions about risk and sustainability.

3. Risks Associated with One-Man Show Management
Investment decisions reportedly rely heavily on Sandeep Tandon, the key figure at Quant.

Lack of a robust team structure and research capacity may pose systemic risks.

A one-person-driven strategy can lead to inconsistent performance in volatile markets.

Inadequate team size and resources could hinder the fund’s ability to address SEBI’s queries effectively.

4. Evaluating Diversification in Your Portfolio
You already have five SIPs in small-cap, mid-cap, and flexi-cap funds performing well with over 15% CAGR.

Diversifying across multiple fund houses reduces exposure to single-entity risks.

Overlapping strategies within the same fund categories may lead to over-concentration.

Reassess your portfolio’s allocation to ensure alignment with your financial goals.

5. Tax Implications of Stopping SIP and Redeeming Investments
If you decide to stop SIPs and redeem investments, consider the tax impact.

LTCG above Rs 1.25 lakh is taxed at 12.5%, while STCG is taxed at 20%.

Plan redemptions to minimise tax liability and reinvest strategically.

Use a Certified Financial Planner for tax-efficient portfolio adjustments.

6. Alternatives to Quant Funds for SIP Diversion
If you stop SIPs in Quant funds, divert the amount to your existing well-performing funds.

Actively managed funds with strong teams and transparent processes are ideal alternatives.

Ensure new investments align with your risk appetite and financial objectives.

Balance between equity and debt funds for portfolio stability and growth.

7. Impact of SEBI Investigation on Investor Confidence
SEBI’s findings may impact Quant Mutual Fund’s reputation and future performance.

Regulatory actions could introduce stricter compliance measures across the mutual fund industry.

Monitor updates on the investigation and assess its implications for the fund house.

Maintain vigilance about regulatory developments affecting the fund.

8. Importance of Fund House Credibility
A fund house's governance and transparency are critical for investor trust.

Reevaluate investments in funds with potential governance issues.

Choose funds with a strong track record of compliance and ethical practices.

Avoid funds overly dependent on individuals rather than institutional processes.

9. Making a Decision on Quant SIP Continuation
Reasons to Consider Stopping SIPs in Quant Funds:

Regulatory risks due to SEBI investigation.
Over-reliance on a one-man strategy.
Lack of institutional structure and research team.
Reasons to Consider Continuing SIPs in Quant Funds:

Exceptional past performance.
Potential for future returns if the fund overcomes current challenges.
10. Final Insights
The SEBI investigation and governance concerns warrant a cautious approach. If you are uncomfortable with the risks, stopping SIPs and diverting funds to your other well-performing SIPs is prudent. Maintain a diversified and balanced portfolio to safeguard your financial goals. Stay updated on SEBI developments and periodically review your investments with a Certified Financial Planner.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

..Read more

Latest Questions
Ramalingam

Ramalingam Kalirajan  |10071 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Aug 01, 2025

Asked by Anonymous - Jul 06, 2025Hindi
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Dear Sir, My home loan is 24.5 LAC. And it's started from last year April 2024, my emi is 30,600 per month for 10 years, if i paid 10 LAC in Jan 2026 it will be beneficial for me or wait for sometime to pay pre closure amount
Ans: Your question is very timely and thoughtful.

You have already completed over one year of EMI payments.

You are also planning a Rs. 10 lakh prepayment in Jan 2026.

This shows strong discipline and intention to reduce debt early.

That is highly appreciated.

Let’s evaluate the benefit from all angles before making the decision.

Let’s assess your EMI schedule, tax benefits, interest savings, and liquidity needs.

We will also look at emotional peace, risk readiness, and overall financial health.

» EMI Tenure and Loan Progress

– Your loan began in April 2024. EMI is Rs. 30,600 for 10 years.

– By Jan 2026, you would have paid 21 EMIs. That is nearly 2 years of repayment.

– You would still have around 99 EMIs pending after Jan 2026.

– Most interest is paid in the first few years. That’s how home loan schedules work.

– So prepayment at this stage can save you substantial interest.

– But, the benefit must be compared with your other financial needs.

– This is not only about saving interest. It is about holistic financial planning.

» Interest Cost Evaluation and Savings Opportunity

– Your home loan interest rate is not mentioned. But let us assume a normal range.

– Most floating-rate loans now charge 8.5% to 9.5% annually.

– Prepaying Rs. 10 lakhs will reduce the outstanding principal sharply.

– As a result, the total interest over the loan period will reduce.

– You may save many lakhs over the long term by doing this early prepayment.

– You will also reduce your EMI period or future EMI amount.

– That helps you become debt-free faster.

– But, timing matters. January 2026 is still over 5 months away.

– You must consider where that Rs. 10 lakhs is now kept.

– Is it earning anything? If kept idle in savings, it gives low returns.

– In that case, prepayment gives better value.

– But if it is growing in mutual funds or long-term instruments, returns may be higher.

– Compare this interest cost versus what you earn from that Rs. 10 lakh.

– You must also think about safety, peace of mind, and future stability.

» Tax Benefits on Home Loan and Prepayment Impact

– Under Sec 24(b), you get deduction of up to Rs. 2 lakhs on home loan interest.

– This reduces your taxable income. Helps especially if you are in the 20% or 30% slab.

– Also, under Sec 80C, you get Rs. 1.5 lakh deduction for principal.

– But that Rs. 1.5 lakh 80C is usually covered by EPF, PPF, insurance, ELSS, etc.

– If you prepay Rs. 10 lakh, your interest in future years may fall.

– Then, the Rs. 2 lakh interest deduction under Sec 24(b) may not be fully used.

– But remember, you are spending Rs. 10 lakhs to save Rs. 2-3 lakhs of tax.

– That alone should not decide the choice.

– Interest saved is usually more than tax benefit lost in the long run.

– Prepayment still makes sense. But only if you are not compromising other goals.

– Always assess tax benefit as a secondary aspect, not the main reason.

» Your Liquidity and Emergency Readiness

– The biggest question is: Will you have enough money left after prepayment?

– Will you still have emergency funds of 6 to 12 months of expenses?

– Will you have cash for job loss, health issues, or family needs?

– Rs. 10 lakh is a big amount. Once paid, you cannot get it back easily.

– Banks do not refund prepayments. So you must be ready for cash crunch.

– If you have other liquid savings of at least Rs. 3 to 5 lakhs, then it is safe.

– But if this Rs. 10 lakh is your full backup, wait before prepaying.

– You must not become asset-rich but cash-poor.

– Also, do not disturb investments set for your long-term goals.

– Check how your mutual funds, PF, PPF, child goals, and retirement are aligned.

– Your financial safety net should never be at risk due to a home loan prepayment.

» Emotional Peace and Debt Reduction Mindset

– Paying off loans early gives peace of mind.

– Mentally, it feels lighter to reduce your EMI burden.

– For many families, freedom from loans matters more than returns from investment.

– If this Rs. 10 lakh is not required for your next 5 years, then prepaying is peaceful.

– But if the same money is helping you sleep better by keeping it in hand, wait.

– Your comfort and security are more important than any math.

– Financial planning is not only numbers. It is also emotional readiness.

– A good Certified Financial Planner balances both head and heart.

– If you feel better seeing lesser EMIs or faster closure, then go ahead with prepayment.

– If you fear losing liquidity or missing opportunities, then wait.

– In either case, the aim is to stay financially strong, not just interest-efficient.

» Other Choices to Use That Rs. 10 Lakh

– If you are not fully prepared for long-term goals, this Rs. 10 lakh may help.

– Retirement corpus, child education, spouse goals — all need investment.

– If those are underfunded, invest this Rs. 10 lakh in mutual funds.

– But not in index funds or direct funds.

– Index funds may look cheap, but they follow the market blindly.

– They underperform in volatile or sideways markets.

– Actively managed mutual funds by experienced managers adapt better.

– Direct funds also seem cheaper on surface.

– But there is no support, guidance, or review.

– Regular plans through a qualified MFD with CFP guidance add long-term value.

– The extra 0.5% cost gives better selection, periodic review, and mistake-avoidance.

– That brings better return than direct, unmanaged investing.

– So if you delay prepayment, don’t keep that Rs. 10 lakh idle.

– Put it to work through a long-term, diversified, tax-aware mutual fund portfolio.

– Match it to your goals, age, and risk appetite.

– Use only debt funds for less than 3 years. Use equity for more than 5 years.

– Also follow the updated capital gains tax rules now in force.

– These will apply when you exit mutual funds later.

– If this Rs. 10 lakh is not required in near future, investing may grow your wealth.

– If this feels unsafe, then home loan prepayment is still a good call.

» Ideal Approach Based on Situation

– If you have no major upcoming expense, then early prepayment is useful.

– If your emergency fund is untouched, then this move is secure.

– If your long-term goals are already funded, prepayment clears debt faster.

– If interest rate is above 9%, prepayment becomes even more beneficial.

– If job is stable and no income interruption is foreseen, go ahead.

– But if any of these are weak or uncertain, do not hurry.

– Wait for 6-12 months. Observe how rates, income, and expenses move.

– Meanwhile, invest that Rs. 10 lakh in a short-term fund with liquidity.

– Let that money earn better than savings account.

– If situation remains strong by Jan 2026, you may prepay with full confidence.

– Else, you can decide again at that point based on comfort and readiness.

– Either way, you are still progressing.

– Both options — prepayment or investing — are productive, if handled with thought.

» Finally

– You are thinking in the right direction. That’s the best start already.

– You are not ignoring the EMI burden. You want to plan ahead.

– That is very encouraging.

– Do not feel forced to prepay or delay.

– The right answer depends on your comfort, liquidity, and goals.

– Early prepayment is good if your financial base is ready.

– But there is no harm in waiting a few more months and reassessing.

– Peace and clarity are more important than urgency.

– You can also take part prepayment route. Pay Rs. 5 lakh in Jan 2026.

– Keep another Rs. 5 lakh for emergency or mutual fund.

– That brings the best of both.

– Stay debt-free, but also stay liquid and goal-focused.

– A Certified Financial Planner can help you model both paths and take balanced action.

– The right move is one that fits your full financial picture — not just the EMI part.

– Keep going strong.

– You are already ahead of many by asking this question today.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

...Read more

Ramalingam

Ramalingam Kalirajan  |10071 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Aug 01, 2025

Asked by Anonymous - Jul 05, 2025Hindi
Money
I am 35yrs old and my monthly salary is 75k. I am married and I have family health insurance of 10 lakhs, I have a daughter and a son and we are expecting the third child in the month of December. I have started with SIP of 1k 3 months back. I am taking mortgage loan of 30 lakhs on the house for 13 % interest from IIFL kindly suggest me to utilise the loan amount properly in various ways possible to invest. I am planning to utilise for the coaching centre development and 10 lakhs is taken for my brothers kidney transplant treatment expenditure.
Ans: – You are managing family, career, and investments together.
– Starting SIP early is a very positive step.
– Taking responsibility for your brother’s treatment shows great strength.
– Planning coaching centre development is a wise idea.
– Having family health cover is also a good base already.

» Analysing the Loan and Its High Interest Rate

– Rs. 30 lakhs loan at 13% interest is quite costly.
– This means high EMI and high total interest outgo.
– Every rupee must be used carefully to avoid wastage.
– Unused funds from the loan must not sit idle.
– Interest burden will continue regardless of usage.

» Immediate Medical Emergency for Brother

– Rs. 10 lakhs for kidney transplant is necessary and unavoidable.
– Keep this amount fully liquid and easily accessible.
– Use savings account or short-term ultra-safe debt fund.
– Avoid locking this amount in business or market-linked funds.
– Medical treatment should be done on priority basis.

» Business Development – Coaching Centre Use

– This is an opportunity for future income growth.
– Plan expansion only after checking location demand.
– Avoid spending large amount at once.
– Phase out business investments over 6 to 12 months.
– Start with essentials like rent, furniture, and staff salary.
– Don’t overspend on branding or decoration initially.
– Use part of loan in setting up technology and marketing.
– Focus on breakeven as early as possible.

» Avoid Spending Full Loan Immediately

– You are not forced to use all Rs. 30 lakhs now.
– Keep a part of loan in low-risk parking place.
– Use short-term debt fund or liquid fund with no exit load.
– Withdraw when business or medical needs arise.
– Don’t allow funds to lie in savings account earning low interest.

» Do Not Use Any Amount for Consumption

– Don’t use loan money for personal luxury or lifestyle.
– No electronics, jewellery, or vehicles from this loan.
– You are paying 13% interest, use it only for value creation.
– Avoid giving any part of the loan to others as casual support.

» Managing EMI Alongside Household Budget

– EMI on Rs. 30 lakhs at 13% will be heavy.
– Your Rs. 75k salary will face pressure from EMI, SIP, and family.
– Keep fixed monthly expenses under tight control.
– Review all regular spends and cut non-essentials.
– Prioritise needs over wants for the next 2–3 years.
– Increase SIP only once your EMI is manageable.

» Continue SIP with Discipline

– Though amount is small, your SIP builds wealth habit.
– Don’t stop SIP even if budget becomes tight.
– Increase SIP slowly as income rises.
– Choose actively managed funds, not index funds.
– Index funds don’t protect during market fall.
– Active funds adjust to changes and give better protection.

» Direct Funds Are Not Ideal for You

– Avoid investing in direct mutual funds.
– You get no personalised support or guidance there.
– Wrong decisions can damage long-term wealth.
– Invest via regular plans with an MFD and CFP.
– Get full-time advice, updates, and goal tracking help.

» Emergency Fund is Missing

– You must keep Rs. 1–2 lakhs aside for emergencies.
– This should not come from loan amount.
– Build this over next few months from salary savings.
– Use high-liquidity options like liquid mutual funds or sweep FD.

» Child-Related Future Expenses

– You are expecting third child soon.
– Future expenses like education and health will increase.
– Avoid touching SIP or business funds for school fees.
– Plan separate SIPs for kids’ education goal later.
– Maintain health insurance with maternity cover wherever possible.

» Keep Personal and Business Accounts Separate

– Don’t mix business and personal funds.
– Create a separate bank account for coaching centre.
– Record all income and expense in simple format.
– Use business income to slowly repay loan too.

» Loan Repayment Should Be a Priority

– Try to repay part of loan early if possible.
– Business profit can be used to prepay some part.
– Even Rs. 2–3 lakhs paid early will reduce interest burden.
– Don’t wait for full term of loan.
– Avoid taking another loan till this one is cleared.

» Don’t Invest Remaining Loan in Risky Options

– Don’t try to grow loan money via equity investments.
– You are paying 13% interest.
– Most equity returns are not guaranteed and are market linked.
– If returns go down, you still pay full interest.
– Use loan only for fixed needs like business or treatment.

» Avoid Insurance-Cum-Investment Products

– Don’t use loan money for buying ULIPs or endowment plans.
– They give poor returns and lock your money.
– They mix insurance with investment, which is harmful.
– If you already hold such plans, review and consider surrender.
– Use that money in good mutual funds for better results.

» Long-Term Financial Strategy After Loan Use

– Once business is running, start surplus-based SIPs.
– Create specific SIPs for child education and retirement.
– Review insurance needs again after third child is born.
– Don’t over-rely on health cover from employer.
– Take term insurance separately for family safety.

» Monitoring and Support

– Review all goals every 6 months.
– Track loan balance, business income, SIP growth.
– A CFP can support you across all financial areas.
– Work with MFD for implementation and fund advice.

» Finally

– You are taking bold and smart steps under pressure.
– Rs. 10 lakhs for brother’s health is unavoidable.
– Use it only for that and keep it liquid.
– Use balance money gradually for coaching centre.
– Don’t spend full Rs. 30 lakhs in one go.
– Avoid luxury or emotional spending with loan money.
– Keep EMI low by avoiding misuse of loan.
– Continue SIP without fail.
– Avoid index funds and direct funds.
– Use only actively managed mutual funds through MFD.
– Repay loan as early as possible.
– Start new SIPs once income improves.
– Maintain strong financial habits and discipline.
– Your future will surely improve with right planning.

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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