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Ramalingam

Ramalingam Kalirajan  |7758 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 23, 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
Asked by Anonymous - Nov 03, 2023Hindi
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Right now I am 55yrs. I want to create corpus fund of 10Cr. by 60yrs. Please suggest how to invest to generate 10Cr.

Ans: Achieving a 10Cr corpus within five years is ambitious and requires a diligent approach to investing. Here's a structured strategy to aim for your goal:

Asset Allocation: Given your age and the short time frame, you'll need a blend of growth-oriented and stable investments. Consider a mix of equity, debt, and alternative investments. While equities offer growth potential, they also come with volatility. Debt and stable assets can act as a cushion during market downturns.
Equity Investments: Allocate a significant portion to diversified equity mutual funds or direct stocks. Look for funds with a proven track record and consistent returns. Consider large-cap, mid-cap, and multi-cap funds to spread risk and maximize growth potential.
Debt Investments: Fixed deposits, bonds, and debt mutual funds can provide stability to your portfolio. They offer regular interest income and protect your capital from market volatility.
Alternative Investments: Real estate or gold can be considered as a hedge against inflation and diversify your portfolio. However, ensure these investments align with your risk tolerance and liquidity needs.
Regular Review: Monitor your portfolio regularly and make necessary adjustments based on market conditions, performance, and changing financial goals. Rebalance your portfolio periodically to maintain the desired asset allocation.
Tax Planning: Opt for tax-efficient investment avenues like ELSS, NPS, or tax-free bonds to maximize post-tax returns.
Avoid High-Risk Strategies: Given the short time horizon, avoid high-risk speculative investments. Focus on preserving capital while seeking consistent returns.
Remember, achieving a 10Cr corpus requires discipline, patience, and a well-thought-out investment strategy. Consult a financial advisor to tailor a plan suited to your needs, risk tolerance, and financial situation.
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  |7758 Answers  |Ask -

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

Asked by Anonymous - May 03, 2024Hindi
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HI I M 40 NOW. I WANT A CORPUS OF MINIMUM 1 CR WITHIN 5 YEARS. PLZ UPDATE WHICH MUTUAL FUND SHALL I TAKE AND HOW MUCH FUND TO INVEST MONTHLY.
Ans: It's great to hear about your financial goals. Let's explore how we can achieve a corpus of 1 crore within 5 years:

Considering your time frame and target corpus, we'll need to adopt an aggressive investment strategy.

Mutual funds offer a range of options suited to different risk profiles and investment horizons.

To maximize growth potential, we can focus on equity mutual funds with a proven track record of delivering consistent returns.

A systematic investment plan (SIP) would be ideal for you, allowing you to invest a fixed amount monthly.

By investing regularly in mutual funds, you can benefit from the power of compounding and market appreciation over time.

It's crucial to select funds that align with your risk tolerance and financial objectives.

As a Certified Financial Planner, I recommend conducting thorough research or seeking professional advice to identify suitable mutual funds.

Additionally, consider diversifying your investments across multiple funds to spread risk and optimize returns.

Regularly reviewing your portfolio's performance and adjusting your investment strategy as needed is essential to stay on track towards your goal.

Remember, investing involves risks, and it's essential to remain disciplined and patient, especially during market fluctuations.

With determination and strategic planning, achieving your target corpus of 1 crore within 5 years is definitely attainable.

Stay focused on your goal, and don't hesitate to reach out if you need further assistance along the way.

You're taking a proactive step towards securing your financial future, and I'm here to support you in your journey.

..Read more

Ramalingam

Ramalingam Kalirajan  |7758 Answers  |Ask -

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

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Respectedsir???? .I am retired person.aged 63 yrs and having 10 lac rs at hand to invest, kindly advice to make corpus of 1 cr . Thanks . ------ K R shriwas
Ans: Dear Mr. Shriwas,

Congratulations on your retirement! It's commendable that you're proactively seeking ways to grow your wealth even after retirement. Let's explore the best investment options to help you achieve your goal of building a corpus of 1 crore.

Your commitment to securing your financial future, even after retirement, is truly inspiring and reflects your proactive approach towards wealth management.

Analyzing Investment Options
Assessing Your Situation:
Current Capital:

With 10 lakh rupees at hand, you have a solid foundation to start building your retirement corpus.
Goal:

Your objective of accumulating 1 crore rupees is ambitious but achievable with the right investment strategy and time horizon.
Investment Recommendations
Diversified Investment Approach:
Equity Mutual Funds:

Consider investing a portion of your capital in equity mutual funds to harness the potential for long-term growth. However, given your age, opt for large-cap or balanced funds to minimize risk.
Debt Instruments:

Allocate a significant portion of your investment to debt instruments such as fixed deposits, bonds, or debt mutual funds. These provide stability and regular income.
Systematic Investment Plan (SIP):

Opt for SIPs in mutual funds to benefit from rupee-cost averaging and disciplined investing. This approach reduces the impact of market volatility over time.
Risk Management Strategies:
Diversification:

Spread your investments across multiple asset classes to mitigate risk. A balanced mix of equity and debt instruments can provide stability while aiming for growth.
Regular Review:

Periodically review your investment portfolio to ensure it remains aligned with your financial goals and risk tolerance. Rebalance your portfolio if necessary to maintain optimal asset allocation.
Conclusion
With a well-thought-out investment strategy and disciplined approach, you can work towards achieving your goal of building a corpus of 1 crore rupees for your retirement. Remember to consult with a Certified Financial Planner to tailor an investment plan that suits your unique financial situation and goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

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Radheshyam

Radheshyam Zanwar  |1172 Answers  |Ask -

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Ans: Hello Govinda.
Thanks for sharing the important information with us and our readers.

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Nayagam P

Nayagam P P  |4086 Answers  |Ask -

Career Counsellor - Answered on Feb 02, 2025

Asked by Anonymous - Feb 02, 2025Hindi
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Sir I am a student of class 12.I am a JEE aspirant.I wish to study abroad if I cannot get a cs seat in a good iit, but I missed all the deadlines ( I got this idea recently).Is it ok to wait for a year and upgrade my skills to study at ucl in case I don't get into iit?
Ans: Have You Checked Your JEE (Main) Score? What’s Next?

By now, you have appeared for JEE (Main). Have you checked the answer key and assessed your score? Understanding where you stand will give you a clearer idea of your performance in JEE (Advanced).

Exploring Other Options:
IIT is not the only pathway to a great career in Computer Science. You can also consider other entrance exams or explore studying abroad.

Considering a Gap Year for Studying Abroad:

If you’re aiming for top universities like UCL but missed application deadlines, taking a gap year can be a strategic move. It allows you to:

1. Strengthen your academic profile (SAT/ACT, TOEFL/IELTS, subject tests)
2. Gain experience through internships, research, and open-source contributions
3. Improve your programming skills and competitive coding performance
4. Apply for better scholarships and multiple global universities

Challenges & How to Overcome Them:
A gap year requires discipline and planning. Challenges include:
1. Social expectations – Overcome doubts with a clear action plan
2. Staying productive – Engage in structured learning, internships, and projects
3. Financial planning – Research scholarships and funding opportunities

What You Can Do in a Gap Year?: 1. Retake JEE (if needed) 2. Prepare strong applications for international universities

If you secure a good CS seat in India, that’s a great option. However, if you wish to explore global opportunities, a well-planned gap year can help you gain admission to top institutions like UCL. All the Best for your Prosperous Future.

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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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