I have reported a fraudulent (phishing message) transaction to the bank with all details within 1 hour and reported to national cyber crime as advised with 2 hours of this transaction. I am following up with all regulatory authorities- HDFC remitter account, INDUSIND BANK payee account, RBI, NIC , for reversal of transaction. But bank says this is beyond their jurisdiction, as the transaction was done at my end with otp. What i am given to understand that if by mistake you transfer to some other account, banks will not share any information of the receiving person/account., after raising the written complaint with bank, cyber crime, RBI; and when they have a KYC registered system. MoI have reported a fraudulent (phishing message) transaction to the bank with all details within 1 hour and reported to national cyber crime as advised with 2 hours of this transaction. I am following up with all regulatory authorities- HDFC remitter account, INDUSIND BANK payee account, RBI, NIC , for reversal of transaction. But bank says this is beyond their jurisdiction, as the transaction was done at my end with otp. What i am given to understand that if by mistake you transfer to some other account, banks will not share any information of the receiving person/account., after raising the written complaint with bank, cyber crime, RBI; and when they have a KYC registered system. Money Not Answered yet Sreekumar Asked on - Nov 07, 2023 I am not getting my monthly pension from provident fund account Money Not Answered yet Sreekumar Asked on - Oct 12, 2023 what is the good medicine for trigenimal neuralgia, taking tegretol 600 daily , but have serious stomach discomfort and shoulder / leg pain Health Not Answered yet Sreekumar Asked on - Sep 19, 2023 Health insurance renewal premium increased by 20 % last year and this year also, for senior citizen any advise Money Not Answered yet Sreekumar Asked on - Sep 08, 2023 Thanks for your response. She is a MBBS doctor, 59 years, with tendinosis and tear on shoulder coming and going, not able to do exercise. Lot of anti inflamatory medicines taken. can prp be done for shoulder, have done 4 times earlier also. Is neuritis a contraindication. She has trigeminal neuralgia since 2020, after rct done for teeth. Now on liquid food only for 3 years, gastritis also a problem. please advise Health 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. © 2024 Rediff.com - Disclaimer - Privacy - Terms of use - Grievances - Feedback Sreekumar Sreekumar Categories Health Money Relationship Career Gurus Dr Radhakrishnan Pillai Rohit Gupta Rajesh Nair Sarvesh Agrawal Ankit Mehra Abhishek Shah Aashish Sood Patrick Dsouza Mayank Rautela R P Yadav See All GURUS ney Not Answered yet Sreekumar Asked on - Nov 07, 2023 I am not getting my monthly pension from provident fund account Money Not Answered yet Sreekumar Asked on - Oct 12, 2023 what is the good medicine for trigenimal neuralgia, taking tegretol 600 daily , but have serious stomach discomfort and shoulder / leg pain Health Not Answered yet Sreekumar Asked on - Sep 19, 2023 Health insurance renewal premium increased by 20 % last year and this year also, for senior citizen any advise Money Not Answered yet Sreekumar Asked on - Sep 08, 2023 Thanks for your response. She is a MBBS doctor, 59 years, with tendinosis and tear on shoulder coming and going, not able to do exercise. Lot of anti inflamatory medicines taken. can prp be done for shoulder, have done 4 times earlier also. Is neuritis a contraindication. She has trigeminal neuralgia since 2020, after rct done for teeth. Now on liquid food only for 3 years, gastritis also a problem. please advise Health 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. © 2024 Rediff.com - Disclaimer - Privacy - Terms of use - Grievances - Feedback Sreekumar Sreekumar Categories Health Money Relationship Career Gurus Dr Radhakrishnan Pillai Rohit Gupta Rajesh Nair Sarvesh Agrawal Ankit Mehra Abhishek Shah Aashish Sood Patrick Dsouza Mayank Rautela R P Yadav See All GURUS

Ans: Data Science course of IIT Madras

Ans: please dont do this, easy money is not available in equity markets. Plz invest in companies who do BIG and Good business and wait patiently to see your money grow. Trading is a ZERO SUM game.

Ans: Yes it is possible. Since you are interested in Data Science, look for a job in that area. Can also enhance your knowledge by doing some online courses in that domain apart from the course that you are doing currently.

Ans: Menopause is the end of a woman's reproductive years and is marked by the cessation of menstrual periods for at least 12 months. During menopause, the ovaries stop producing estrogen and progesterone, and stop releasing eggs, making it impossible to conceive.
So, it's impossible to become pregnant after menopause, until you undergo infertility treatment

Ans: Yes, menopause is a condition where lot of hormonal changes happen and lots of physical change too.
But we can take care of bad cholesterol by certain dietary changes in exercises:
1) eat soluble fibers which bind with cholesterol and leave the body like beans, peas, oats, apple, carrot
2) eat more plant sterols and stanols which can prevent the body from absorbing cholesterol
3) eat food rich on omega 3 fatty acids, walnuts, flax, avocado, olive oil
4) eat soy protein which bring down cholesterol by 3 to 5 percent like Soya milk, Tofu, soy nuts
5) eat more nuts which lower cholesterol
6) eat food low in cholesterol and saturated fat
7) weight loss with aerobic activity, daily walks and exercise
8) some women need statins to low cholesterol
9) HRT have positive response to low cholesterol but to consult doctor before start

Ans: Can look at doing Executive MBA from one of the top IIMs and look for change in domain. Can move from Bank to Finance or move to a different sector of Bank. Another option would be to do short courses related to Financial Planner, Financial Analysis and look for relevant jobs or work part time in those areas.

Ans: 25yrs if the investments grow at 18% annually.

Ans: Dear Anonymous,
The value and worth of a spouse/partner is not known until they spend time away from one another. Being stuck to one another is not love, but being able to give each other space and respecting each other's differences is love.
Take a vacation from each other; this will make you realize your own worth and also will give him a chance to miss you.
Then all these criticisms will stop and he will learn to appreciate you for who you are. It will also teach you to value him for what he he is...
Your marriage just needs a little tweaking and you are good to go...give yourselves a little break from one another and see the magic...

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

Ans: Balancing your portfolio between equity and debt is critical at this stage. A 50-year-old investor should aim for a safer portfolio while ensuring reasonable growth. Since you’re already investing in mutual funds, fine-tuning your allocation can optimise returns and reduce risk.

Let’s assess your portfolio in detail and identify actionable steps for an optimal balance.

Evaluating Your Current Portfolio
Your current allocation includes:

Rs 37 lakh in equity: Around 86% of your total portfolio.
Rs 6 lakh in debt: About 14% of your total portfolio.
This equity-heavy portfolio is suitable for younger investors. At 50, you may need to rebalance to reduce volatility while retaining growth.

Recommended Allocation Strategy
A general rule is the "100 minus age" approach. However, personal goals, risk tolerance, and financial stability should guide decisions. For a 50-year-old:

Equity: 50% to 60% of the portfolio. This ensures growth and combats inflation.
Debt: 40% to 50%. This ensures stability and predictable returns.
You can adjust within this range based on personal preferences and financial objectives.

Steps to Rebalance Your Portfolio
To align your portfolio, consider these steps:

Gradually reduce equity exposure: Shift some equity investments to debt. Do this systematically over months to avoid timing risks.
Increase debt mutual funds allocation: Consider short-duration or dynamic bond funds for liquidity and moderate returns.
Use hybrid mutual funds: Balanced advantage funds can offer a mix of equity and debt with automatic rebalancing.
Why a Balanced Allocation Is Crucial
Equity: This provides growth potential to counter inflation. It supports long-term financial goals like retirement planning.
Debt: This offers stability and acts as a buffer against market downturns. It ensures liquidity for unexpected expenses.
Avoid Over-Exposure to Equity
While equity delivers higher returns, excessive exposure can increase portfolio risk. A balanced allocation shields you during market corrections.

Advantages of Actively Managed Funds
Actively managed funds can outperform the market due to professional expertise. They adjust portfolios based on market trends and opportunities.

Disadvantages of Index Funds:

They lack active monitoring during volatile periods.
They mimic the index, limiting scope for higher returns.
Their fixed composition may underperform in certain market cycles.
For long-term growth, actively managed funds offer better risk-adjusted returns.

Benefits of Regular Funds Over Direct Funds
Guidance: Regular funds come with expert advice from an MFD with a Certified Financial Planner (CFP) credential.
Portfolio Monitoring: They help align your investments with changing market conditions.
Support: MFDs can guide in tax planning and rebalancing.
Direct funds, while cheaper, may lead to uninformed decisions and missed opportunities.

Tax Efficiency in Your Portfolio
Understanding new mutual fund taxation rules is essential:

Equity funds: LTCG above Rs 1.25 lakh is taxed at 12.5%. STCG is taxed at 20%.
Debt funds: Gains are taxed as per your income slab.
Consider tax implications before rebalancing to avoid unnecessary liabilities.

Maintaining Liquidity
At this stage, maintaining a portion of your portfolio in liquid funds is prudent. It helps meet short-term goals or emergencies without disturbing long-term investments.

Aligning with Retirement Goals
Your portfolio should focus on generating a steady post-retirement income. Here’s how:

Allocate more to debt as you approach retirement.
Use SWP (Systematic Withdrawal Plan) for regular income during retirement.
Retain a small equity portion to combat inflation even post-retirement.
Creating a Contingency Fund
Set aside a separate fund equivalent to 6-12 months of expenses. Use liquid or ultra-short-term debt funds for this.

Monitoring and Reviewing Your Portfolio
Review your portfolio every 6 months.
Rebalance based on market conditions and life changes.
Consult a Certified Financial Planner for adjustments aligned with your goals.
Avoid Common Investment Pitfalls
Chasing high returns: Avoid concentrating on high-risk funds at this stage.
Over-diversification: Stick to a manageable number of funds to track performance easily.
Ignoring inflation: Ensure your portfolio grows faster than inflation rates.
Building a Long-Term Perspective
Focus on wealth preservation alongside growth.
Maintain discipline in investing. Avoid reacting impulsively to market fluctuations.
Stay informed about economic and market trends affecting mutual fund performance.
Final Insights
Balancing equity and debt is essential for stability and growth in your portfolio. A 50%-60% equity and 40%-50% debt allocation aligns with your age and goals. Active management and regular reviews will help optimise returns and minimise risks.

Transitioning gradually ensures minimal disruption to your portfolio’s growth. Focus on creating a robust strategy to secure your financial future.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

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