Sir...I am a retired personal trying to build wealth for my son. I intend to raise 5 Cr for him. I have a pension of around six thousand monthly and FD interest income around 60000 monthly. I have a portfolio of 7 lakhs in stocks and have SIP in small,mid,large cap MFs monthly 30000.Ongoing PPF I have already invested 4.5 lakhs in three years and have a PLI which finishes in two years and will get around 7.5 lakhs. Also rental income of 25000 I am getting. Two TATA AIA life insurance policies which gives a return of 65 thousand annually from 2028. What do I need to help my money grow ..faster

Ans: You are already doing many things right. Your goal is strong. You want to build Rs. 5 crore wealth for your son. You have income sources and existing investments. But to grow your wealth faster, a structured and smart approach is needed. Let us look at this step-by-step with 360-degree clarity.

Understanding Your Current Financial Snapshot
Let us first summarise your financial position:

Monthly pension: Rs. 6,000

Monthly FD interest: Rs. 60,000

Monthly rental income: Rs. 25,000

Total monthly income: Rs. 91,000

Monthly SIP: Rs. 30,000 (across small, mid, large cap funds)

Stock portfolio: Rs. 7 lakh

PPF investment till now: Rs. 4.5 lakh

PLI maturing in 2 years: Rs. 7.5 lakh

Two Tata AIA policies: Rs. 65,000 annual return from 2028

Your current income is stable. Your investment pattern is consistent. You are financially disciplined. Now we will help you maximise growth.

Re-assess the Role of Fixed Deposits
You are earning Rs. 60,000 monthly from FD interest.

But there are serious issues with FDs:

FD returns are taxable every year

They hardly beat inflation

No capital appreciation

Real value reduces over long periods

FDs are only useful for stability and emergencies.

What you should do:

Keep Rs. 6 lakh as 1-year expense buffer

Move remaining FD amount to liquid fund

Start monthly STP to equity mutual funds

Spread STP over 24–30 months to reduce risk

This will convert idle funds into wealth-generating funds slowly.

Review Your Stock Portfolio Thoroughly
You have Rs. 7 lakh in equity shares.

Stocks are good, but also risky. You need to check:

Are the companies financially strong?

Are you tracking performance?

Do you have sector diversification?

Are dividends being reinvested?

If you don’t monitor actively, consider partial exit.

Action plan:

Retain only quality large-cap stocks

Shift rest to mutual funds via lump sum or STP

Let experts handle selection through active mutual funds

Stocks need time and research. If not possible, shift to managed options.

Strengthen Your SIP Strategy
You are already doing Rs. 30,000 monthly SIP.

This is your strongest wealth-building tool now.

Make sure your SIPs are:

Spread across large-cap, flexi-cap, mid-cap

All are actively managed funds

Done through regular plans with MFD + CFP support

Reviewed once every 6 months

Never invest in direct mutual funds.

Why avoid direct funds:

No regular review

No professional support

Wrong scheme selection risk

Exit mistakes in bad markets

Use only regular funds through MFD + CFP.

They help in proper selection, goal mapping, and monitoring.

Do Not Choose Index Funds or ETFs
Some may suggest index funds or ETFs.

But avoid these for your purpose.

Why they are not right:

Index funds follow market blindly

Cannot avoid falling sectors

No fund manager control

During market crash, index also crashes

No protection against poor performance

Your need is long-term growth for legacy. Not copy-paste results.

Stay with actively managed funds only.

Plan Your PLI Maturity in Advance
Your PLI will mature in 2 years. You will get Rs. 7.5 lakh.

Do not keep this in FD.

Plan like this:

Keep Rs. 1 lakh in emergency

Invest rest in a hybrid or balanced mutual fund

Use STP to shift to equity fund monthly over 18 months

This way you protect the capital and also get better growth.

Review Tata AIA Policies in Detail
You have two life insurance policies.

They will give Rs. 65,000 yearly from 2028.

These are most likely investment-cum-insurance plans.

Such plans give poor returns. Around 5% or even less.

Check surrender value now:

If surrender gives good value, consider exiting

Use that value to invest in mutual funds

Better long-term return

If you are getting below 6% return, surrendering may help you grow faster.

Take help from your MFD with CFP for this decision.

Keep PPF for Stability, Not Growth
You have already invested Rs. 4.5 lakh in PPF.

PPF is tax-free and safe.

But PPF return is only 7% approx.

It is good for stability, not for fast growth.

What to do:

Continue with Rs. 1,000–2,000 per month only

Use it as a safety net

Do not use it as your main retirement or wealth plan

Put major money in equity mutual funds.

Increase Your SIPs Gradually
Right now, SIP is Rs. 30,000 monthly.

You are earning Rs. 91,000 monthly.

You can increase SIP in future using:

Rent increase

Interest from matured PLI

Annual policy returns

Use Step-up SIP strategy:

Every year, increase SIP by Rs. 2,000–5,000

This grows wealth faster

Your real investments compound better

Even small increases make a big impact in 10–15 years.

Avoid New Insurance Plans or ULIPs
Do not buy new insurance-linked plans now.

They are complex and low return.

Avoid:

ULIPs

Endowment plans

Money-back policies

They lock your money and give 4%–5% return only.

Instead, use mutual funds. They are transparent and flexible.

Write a Will for Your Wealth Transfer
You are building this wealth for your son.

Make sure he receives it without problems.

Prepare a clear Will:

Mention mutual funds, PPF, stocks, bank FDs

Write full nominee details

Choose an executor

Keep a copy with trusted family member

A Will avoids legal delay and family confusion.

You are doing this for your son. Make it easy for him.

Do Not Depend on Real Estate
You already get Rs. 25,000 rent.

Do not try to buy more properties.

Real estate issues:

Low rental yield

Difficult to sell

Legal problems

No transparency

Bad liquidity in emergency

Stay focused on financial assets only.

Mutual funds and equities give better results with less stress.

Focus Areas for Wealth Growth
To reach Rs. 5 crore faster, focus on:

Shifting idle FDs to equity

Increasing SIP every year

Using policy returns smartly

Exiting low return products

Avoiding direct or index funds

Using MFD + CFP support always

This gives you discipline, clarity, and growth.

Build a 3-Bucket Strategy
Divide your investments in 3 parts:

1. Safety bucket:

Keep 1 year expenses in FD

Include PPF and liquid funds

2. Income bucket:

Use rental, pension, PLI returns

Use policy payout for fixed income

3. Growth bucket:

SIPs

Equity mutual funds

Part of stock portfolio

This balances growth and stability.

Your CFP can guide exact percentage.

Final Insights
You are doing many things well. You are disciplined and focused. Now you need to:

Reduce low-return assets

Avoid direct or index fund traps

Use mutual funds wisely

Increase SIPs yearly

Plan each maturity before it comes

Prepare a proper Will

Work closely with CFP-led MFD

You are already on the right road. Now just walk with a map and a guide.

Rs. 5 crore is possible with consistency, planning, and time.

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