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

Pankaj from Jaipur: ULIP or Mutual Funds for Investment and Insurance?

Milind

Milind Vadjikar  |1157 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Nov 06, 2024

Milind Vadjikar is an independent MF distributor registered with Association of Mutual Funds in India (AMFI) and a retirement financial planning advisor registered with Pension Fund Regulatory and Development Authority (PFRDA).
He has a mechanical engineering degree from Government Engineering College, Sambhajinagar, and an MBA in international business from the Symbiosis Institute of Business Management, Pune.
With over 16 years of experience in stock investments, and over six year experience in investment guidance and support, he believes that balanced asset allocation and goal-focused disciplined investing is the key to achieving investor goals.... more
Asked by Anonymous - Nov 06, 2024Hindi
Listen
Money

I’m Pankaj from Jaipur. I am 49 with two sons aged 18 and 15. I currently hold life and health insurance policies. Should I switch to a ULIP for a combination of investment and insurance, or stay invested in mutual funds for long-term growth?

Ans: Hello;

If you have term life insurance cover 10X of your annual income then it's okay else you need to enhance your term cover.

Never couple investment with insurance.

Now even the maturity proceeds of ULIPs are subject to capital gain tax, with some conditions.

It is better to stay invested in mutual funds for long term growth, is my view.

Best wishes;
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

Ramalingam

Ramalingam Kalirajan  |8206 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 31, 2024

Asked by Anonymous - Jul 23, 2024Hindi
Listen
Money
I am a 34 year old IT professional with moderate risk appetite. Should I invest in ULIP like TATA AIA param rakshak for wealth generation or start investing in Mutual Funds. my goal is to generate enough wealth in 10years to support my retirement and my two kids (4 and 2years old) education. I earn around 2L per month
Ans: Assessing Your Current Situation
You are 34 years old.

You earn Rs 2 lakh per month.

You have two kids, aged 4 and 2 years.

Your goal is wealth generation for retirement and kids' education.

Understanding ULIPs
ULIPs combine insurance and investment.

They offer life cover and market-linked returns.

They have a lock-in period of 5 years.

Disadvantages of ULIPs
High charges: Premium allocation, administration, and fund management fees.

Limited flexibility: Fixed allocation between insurance and investment.

Complex structure: Difficult to understand and manage.

Benefits of Mutual Funds
Professionally managed: Fund managers handle investments.

Variety of options: Equity, debt, and hybrid funds.

Flexibility: Adjust investments based on goals and risk.

Actively Managed Funds vs. Index Funds
Actively Managed Funds:

Fund managers aim to outperform the market.

Higher potential returns but higher fees.

Suitable for long-term goals.

Index Funds:

Track a market index.

Lower fees but limited growth potential.

Not ideal for aggressive wealth generation.

Direct Funds vs. Regular Funds
Direct Funds:

Lower expense ratio.

Require self-management.

Suitable for experienced investors.

Regular Funds:

Managed by a Certified Financial Planner (CFP).

Slightly higher fees but professional guidance.

Ideal for less experienced investors.

Recommended Investment Approach
For Wealth Generation:

Choose equity mutual funds.

Aim for long-term growth.

For Children's Education:

Consider balanced or hybrid funds.

Mix of equity and debt for stability.

Steps to Start Investing
Assess Your Risk Appetite:

Moderate risk tolerance means a mix of equity and debt.
Set Clear Goals:

Define the amount needed for retirement and education.
Choose the Right Funds:

Select funds based on performance and alignment with goals.
Regularly Review Investments:

Monitor performance and adjust as needed.
Additional Considerations
Emergency Fund:

Maintain a fund for unexpected expenses.
Insurance:

Ensure adequate life and health cover separate from investments.
Tax Efficiency:

Invest in tax-saving funds for better returns.
Final Insights
ULIPs are not ideal for aggressive wealth generation.

Mutual funds offer better flexibility and growth potential.

Align investments with your goals and risk tolerance.

Regularly review and adjust your portfolio for optimal performance.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Moneywize

Moneywize   |181 Answers  |Ask -

Financial Planner - Answered on Sep 21, 2024

Asked by Anonymous - Sep 20, 2024Hindi
Listen
Money
I’m Neha from Thane. I’m 35, married with one son aged 7. I have a term insurance policy for Rs 1 crore. Should I also consider a ULIP for additional savings, or is continuing with mutual funds a better option?
Ans: Hi Neha! Considering that you already have a term insurance policy for Rs 1 crore, it's great that your family is covered in case of unforeseen events. When deciding between ULIPs (Unit Linked Insurance Plans) and mutual funds for savings and investment, here are some key points to consider:

ULIP vs Mutual Funds:

1. Cost and Charges:

ULIPs often have higher charges, such as premium allocation charges, mortality charges, and fund management fees. Mutual funds, on the other hand, usually have lower expense ratios, especially if you are investing in direct plans.

2. Flexibility:

Mutual funds offer more flexibility in terms of choosing different fund categories (large-cap, mid-cap, small-cap, debt, etc.), switching between funds, and liquidity.

ULIPs typically lock in your money for five years and come with restrictions on switching funds.

3. Investment Returns:

Mutual funds tend to offer more transparency in terms of returns and performance as they are pure investment vehicles. ULIPs, being a combination of insurance and investment, may offer lower returns compared to dedicated mutual funds.

4. Tax Benefits:

ULIPs offer tax benefits under Section 80C of the Income Tax Act, just like ELSS (Equity Linked Savings Scheme) mutual funds. However, after the budget of 2021, the tax-free advantage for ULIPs is limited if the annual premium exceeds Rs 2.5 lakh.

5. Purpose:

ULIPs mix insurance and investment, but it’s generally recommended to keep insurance and investments separate for better clarity and optimisation. Term insurance covers risk, while mutual funds focus purely on growing your wealth.

6. Recommendation:

Since you already have a good term insurance plan, it would be more beneficial to continue with or increase your investment in mutual funds. Mutual funds will provide better flexibility, potential returns, and lower costs in the long run compared to ULIPs. You can choose funds based on your risk profile and financial goals.

..Read more

Ramalingam

Ramalingam Kalirajan  |8206 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Dec 31, 2024

Asked by Anonymous - Dec 30, 2024Hindi
Money
Best investment option ULIP or Mutual Fund
Ans: Understanding the differences between ULIPs (Unit Linked Insurance Plans) and mutual funds is essential to make an informed choice. Below is a detailed explanation from a Certified Financial Planner's perspective.

What Are ULIPs?
ULIPs are hybrid products offering life insurance and investment. A portion of the premium goes towards life insurance, while the rest is invested in various funds, such as equity or debt.

Key Benefits of ULIPs
Dual Purpose: Provides life insurance coverage along with potential investment growth.

Tax Savings: Premiums are eligible for tax deductions under Section 80C. Maturity proceeds may also be tax-free under Section 10(10D), subject to conditions.

Compulsory Discipline: The five-year lock-in period ensures disciplined long-term investing.

Major Drawbacks of ULIPs
High Costs: Includes multiple charges such as premium allocation, fund management, and mortality costs. These charges reduce overall returns.

Complexity: Understanding ULIP charges and performance can be confusing due to a lack of transparency.

Limited Fund Choices: Investment options are restricted to funds offered by the insurer.

Lower Returns: High costs and fund limitations may result in below-average returns compared to mutual funds.

What Are Mutual Funds?
Mutual funds are pure investment products that pool money from investors and invest in equity, debt, or a mix of both, depending on the fund type.

Key Benefits of Mutual Funds
Variety of Options: Mutual funds offer options like equity, debt, hybrid, and sector-specific funds to suit different financial goals and risk profiles.

Transparency: Investors can track fund performance, portfolio holdings, and expense ratios.

Low Costs: Mutual funds generally have lower charges compared to ULIPs, making them more cost-effective.

Flexibility: You can switch funds, adjust SIP contributions, or redeem investments anytime (subject to exit load).

Higher Returns: Over the long term, mutual funds tend to deliver better returns due to active management and lower costs.

Major Drawbacks of Mutual Funds
No Insurance Coverage: Unlike ULIPs, mutual funds are purely for investment and do not provide life insurance.

Tax on Gains: Gains from mutual funds are taxed based on the holding period and type of fund.

Comparative Analysis of ULIPs and Mutual Funds
Objective
ULIPs aim to provide both life insurance and investment returns.
Mutual funds focus solely on investments, leading to better fund management.
Transparency
ULIPs are less transparent due to their complex fee structures and limited fund details.
Mutual funds are highly transparent, offering regular updates on performance, portfolio composition, and costs.
Costs
ULIPs have high charges, including mortality, administration, and fund management costs. These significantly reduce returns.
Mutual funds are more cost-efficient, with lower expense ratios and no hidden charges.
Returns
ULIP returns are moderate due to high costs and limited fund options.
Mutual funds offer potentially higher returns due to professional fund management and diversified investment choices.
Flexibility
ULIPs have limited flexibility, as you are restricted to funds offered by the insurer.
Mutual funds provide greater flexibility, allowing you to switch funds, adjust investments, and even redeem partially.
Lock-in Period
ULIPs have a mandatory lock-in period of five years.
Mutual funds are more flexible, with no lock-in period except for tax-saving ELSS funds, which have a three-year lock-in.
Tax Benefits
ULIP premiums qualify for tax deductions under Section 80C. The maturity proceeds are tax-free under Section 10(10D), provided conditions are met.
Mutual funds offer tax benefits only for ELSS funds under Section 80C. Gains are taxable, as per the holding period.
Why Mutual Funds Are a Better Option
Focused Investment Approach
Mutual funds concentrate solely on investments, ensuring professional management and efficient fund allocation.

Higher Returns Potential
The absence of high charges allows mutual funds to deliver better returns over the long term.

Flexibility and Control
Mutual funds allow you to choose or switch between funds based on market conditions or financial goals.

Cost-Effective
Mutual funds are more cost-efficient due to lower expense ratios compared to ULIPs.

Why ULIPs May Not Be Suitable
High Charges
ULIPs have various charges that reduce your net returns. This makes them less attractive compared to mutual funds.

Limited Fund Options
You are restricted to investing only in the funds offered by the insurance company. This limits diversification.

Complexity
The structure of ULIPs, with their multiple charges and insurance components, makes them difficult to understand and monitor.

Final Insights
Mutual funds are the better investment choice for long-term wealth creation due to their focused investment strategy, flexibility, and cost-efficiency. ULIPs, on the other hand, are best avoided unless you specifically need life insurance along with investments.

For life insurance, consider a term plan, and for investments, focus on well-managed mutual funds. This combination will help you achieve your financial goals more effectively.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

..Read more

Latest Questions
Janak

Janak Patel  |29 Answers  |Ask -

MF, PF Expert - Answered on Apr 11, 2025

Listen
Money
Hello sir, im a doctor 37year.started practising last year. So no previous investment. I want suggestion for investment and regarding nps . Should I opt nps or go for mutual funds.. as I can't keep track on stocks. Please guide . I have corpus for child .and want retirement funds good for my standard
Ans: Hi Dr.

As you can't keep track of stocks, lets rule out direct stock/equity investment.

NPS - its a good tool for people who want regular income during retirement as pension. So thru your earning life you contribute to NPS and save for the future - contributions are until retirement age. There are prescribed allocation to Equity and Debt funds (similar to mutual fund schemes) that are managed by Fund managers. On retirement age you can withdraw 60% of the funds without any tax liability (its an option) and the remaining funs in the NPS will provide you with pension income. The pension income is considered a source of income in your hand and hence taxable as per prevailing tax laws.

Mutual fund - this investment option doesn't have a time limit for you to contribute. The allocation to different type of Mutual fund schemes are also at the discretion of the investor. Some schemes like ELSS do provide tax benefit under old tax regime. The withdrawal from Mutual funds do have tax implications but they are consider more tax efficient as they are not considered as income. Tax is on the gains (capital gains) only. Regular income can be derived from Mutual funds at the time of retirement using SWP (Systematic withdrawal plan) option or withdrawing a lumpsum amount - its flexible and again at the discretion of the investor.

I would recommend you consult a CFP, who can help prepare a personalized Financial plan for your requirements. A CFP will do a detailed study of your requirements, preferences and also do a risk assessment. This will include all your requirements and provide you with options and alternatives and recommend the right product mix to achieve them. You will need to have a plan of investment that meets your goals (retirement and child specific), plan risk covers for securing future of your family (Life and health) and consider tax implications of investing and subsequent utilization of the corpus for goals. So its an elaborate plan that will be personalized for you which will help you understand the right time for retirement and what to expect pre and post retirement.

Thanks & Regards
Janak Patel
Certified Financial Planner.

...Read more

Janak

Janak Patel  |29 Answers  |Ask -

MF, PF Expert - Answered on Apr 11, 2025

Asked by Anonymous - Mar 25, 2025Hindi
Listen
Money
I am 40 yr old divorced man with a 10 year old son. I live in my own house in a tier 2 city. I have savings of around 5 Cr and no liabilities. I am expecting to live until I am 80. Can I retire now expecting 3 lac monthly income matching inflation for the rest of my life? I have accounted my son's education, medical insurance and yearly vacation in India. Would that be enough? If not, then how much should I save until I turn 45 yr old. Thank you!
Ans: Hi,

At age of 40, you have already accumulated 5 Cr with no liabilities and your own house, that is a tremendous achievement.

The monthly income of 3 lakhs (inflation adjusted) for 40 years - as mentioned will cover your requirements of son's education, medical insurance and vacation. If we assume inflation of 6% and average return on your corpus of 12% over the next 40 years, you will require approximately 6 Cr (not considering tax implications).

Please understand this amount will be exhausted over the next 40 years, so if you plan to leave behind any legacy for your son/grand children then you will need more.

Also your corpus amount needs to be well diversified into aggressive and conservative investments to support your monthly requirements over the next 40 years. Please consult a CFP for guidance in this matter as along with your monthly income expectation, you will need to plan for tax implications. The overall strategy for investment and subsequent withdrawal needs to be planned taking all these factors into consideration. A CFP will be able to craft your personalized plan to meet your requirements and provide options and alternatives to achieve them.

Thanks & Regards
Janak Patel
Certified Financial Planner.

...Read more

Janak

Janak Patel  |29 Answers  |Ask -

MF, PF Expert - Answered on Apr 11, 2025

Asked by Anonymous - Mar 24, 2025Hindi
Listen
Money
I want guidance on retirement planning. Having corpus of 3 CR in liquid, 45l savings in FD. With no bank loans and own home. Have 2 more houses and getting rent of 37k .Kids are in class 1 and class 0 I need to provide support for their education which might overall cost around 2 CR. Is my corpus enough to retire now and take care of cost of living. My age is 37 years. My monthly expense is around 1.5 lakhs. I have medical insurance policy of 20 lakhs. And I have two polices like yearly 10L for next 5 years for the kids
Ans: Hi,

Current state of your finances
Liquid Corpus - 3 Cr
Savings FD - 45 lakhs
Rent income - 37000

Monthly expenses - 1.5 lakhs

If we consider the above, then the monthly expenses will be covered for about 35 years (assuming inflation of 5-6% and average returns of 8%). This doesn't include the education expenses for your 2 children.

Retirement is now typically planned for up to age of 85 years (i.e. 43 years for you). Hence in your situation you have a challenge to support monthly expenses for retirement and children education.

You have 2 more houses and without knowing your intent for their usage/sale and their value it becomes difficult to indicate if they would be sufficient to support the 2 major goals you have listed.
Also with current lifestyle and medical expenses, the health insurance of 20 lakhs may need to be ramped up to a much higher amount.
Also you have not shared much details of your Insurance policies to understand if they are the appropriate ones and if the risk cover is sufficient.

Another important aspect to consider for early retirement is - how will you keep yourself occupied. You will have a lot of time on hand and do you plan to monetize your time by engaging in some financially rewarding activities. This will also have an impact on the overall state of your well-being - financially and psychologically.

I would highly recommend that you consult with a CFP who can guide you with a well defined Financial plan, this will include all your requirements and provide you with options and alternatives. You will need to have a plan of investment that meets your goals, plan risk covers for securing future of your family (Life and health) and consider tax implications of investing and subsequent utilization of the corpus for goals. So its an elaborate plan that will be personalized for you which will help you understand the right time for retirement and what to expect pre and post retirement.

Thanks & Regards
Janak Patel
Certified Financial Planner.

...Read more

Dr Nagarajan Jsk

Dr Nagarajan Jsk   |317 Answers  |Ask -

NEET, Medical, Pharmacy Careers - Answered on Apr 10, 2025

Dr Nagarajan Jsk

Dr Nagarajan Jsk   |317 Answers  |Ask -

NEET, Medical, Pharmacy Careers - Answered on Apr 10, 2025

Listen
Career
What is minimum requirement for a Tamilnadu state board student to enter mbbs in AFMC?
Ans: Hi Ani,

Regardless of whether you are from Tamil Nadu or another state, there are certain requirements you must fulfill. First, you need to be eligible for NEET. After that, you must pass the AFMC entrance test, and finally, you need to meet the medical fitness standards.

Most importantly, you are required to serve the nation for a specific period after completing your studies. Age criteria are also significant.
Please see the requirements outlined below:
Age: 17-24yrs
Academic qualitfication: FIRST ATTEMPT with English, Physics, Chemistry and Biology/ Bio-technology taken simultaneously and securing not less than 60% of the aggregate marks in these three science subjects taken together and not less than 50% marks in English and 50% marks in each of the science subjects. They must have also passed an examination in Mathematics of the tenth standard.
Candidates seeking admission for MBBS course at AFMC Pune will have to mandatorily qualify the NEET UG 2024 Examination conducted by National Testing Agency (NTA). 11. Eligible candidates who are interested to join AFMC, Pune to pursue the MBBS course will have to mandatorily register and apply for AFMC, Pune on DGHS

The shortlisted candidates will be called for screening which comprises of Test of English Language and Reasoning (ToELR), Psychological Assessment Test (PAT), Interview and Medical Examination at AFMC, Pune.

ToELR & PAT - Test of English Language and Reasoning (ToELR) in the form of Computer Based Test (CBT) and also Psychological Assessment Test (PAT) to be conducted at AFMC, Pune only for candidates shortlisted for interview. (t) Written Examination Score - Score obtained in NEET (UG) 2024 (720 marks) added to ToELR Score (80 marks) divided by 4 to get a score out of 200. (u) Final Score - Written examination score (200 marks) + Interview marks (50 marks).

MEDICAL FITNESS: MANDATORY AS PER AFMC

POOCHO. LIFE CHANGE KARO.

...Read more

Ramalingam

Ramalingam Kalirajan  |8206 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 10, 2025

Asked by Anonymous - Apr 10, 2025Hindi
Money
I'm 41 years old. My portforlio consist of 27L in mutual funds, 35L in stocks and 5L in NPS. I want to have a corpus of 30cr by 60. My monthly mutual fund SIP is 1.2L and NPS is 20K. Can you advise if my curent SIP will help in achieving my desired corpus by 60.
Ans: You are 41 and aiming for a Rs. 30 crore corpus by age 60. That gives you 19 years to build your wealth. You have a strong monthly SIP of Rs. 1.2L in mutual funds and Rs. 20K in NPS, which shows high commitment. Let’s analyse in detail whether your current strategy is enough, and what changes, if any, are needed.

Portfolio Snapshot
Age: 41

Goal: Rs. 30 crore by age 60 (retirement corpus)

Current Investments:

Mutual Funds: Rs. 27L

Stocks (direct equity): Rs. 35L

NPS: Rs. 5L

Monthly Investment:

Mutual Fund SIP: Rs. 1.2L

NPS Contribution: Rs. 20K

360-Degree Assessment: Can You Reach Rs. 30 Crores?
Let us now break your journey into parts:

1. Time Horizon – You Have 19 Years
That’s a decent long-term window.

Compounding will support you well over this period.

However, the earlier years are more powerful.

Your current age requires disciplined allocation, with some risk.

2. Current Corpus – Rs. 67L in Total
Mutual funds: Rs. 27L

Stocks: Rs. 35L

NPS: Rs. 5L

Total: Rs. 67L

This base amount gives you a strong head start.

You are not starting from zero. That’s an advantage.

3. Monthly Contribution – Rs. 1.4L Combined
Rs. 1.2L in mutual fund SIPs

Rs. 20K in NPS

That’s Rs. 16.8L per year

Over 19 years, that’s Rs. 3.19 crore invested capital

Now the key is the return you generate

4. Required Growth Rate – Let’s Evaluate That
To grow Rs. 67L + Rs. 3.2 crore to Rs. 30 crore in 19 years,

You’ll need an average return around 13% to 14% annually.

That’s achievable, but not guaranteed.

It depends on:

Fund categories

Asset allocation

Risk management

Market behaviour

5. Mutual Fund SIP – Is It Positioned Well?
You are doing Rs. 1.2L monthly in mutual funds.

It’s important to know how this SIP is spread:

Large-cap funds?

Flexi-cap funds?

Midcap, small-cap, or focused funds?

Any sectoral or thematic funds?

You need a strong tilt towards equity for this goal.

A suggested split (approximate):

40% flexi-cap + large-cap for stability

40% mid-cap and small-cap for growth

20% focused or thematic for alpha potential

SIP in actively managed funds through a Certified Financial Planner is key.

Avoid direct funds. They don’t offer ongoing reviews and rebalancing.

6. Stock Portfolio – Rs. 35L
Direct equity adds potential for high returns.

But it also adds volatility and risk.

Ask yourself:

Is your stock portfolio diversified?

Are you tracking and rebalancing regularly?

Do you have exposure to quality sectors?

Are you avoiding over-concentration?

A well-researched, long-term approach is needed.

If your equity portfolio underperforms, it will impact the 30 crore target.

7. NPS Contribution – Rs. 20K Monthly
NPS is good for disciplined retirement investing.

It gives tax benefits and partial equity exposure.

But it has liquidity restrictions till 60.

NPS equity cap is 75% (tier I) – may not match mutual fund returns.

Don’t depend on NPS alone for growth.

Use it as a stable secondary engine.

8. Inflation Consideration – A Hidden Threat
Over 19 years, inflation can reduce the purchasing power of money.

Your Rs. 30 crore should be inflation-adjusted.

So, real value might be around Rs. 10 crore in today’s money.

That’s still a strong and ambitious target.

9. Risk Management – Vital in This Journey
You are aiming high. So, managing downside risk is critical.

Follow asset allocation and rebalancing.

Add short-term debt or arbitrage funds gradually for stability.

Stay diversified across sectors and market caps.

Use SWP approach after 60 to withdraw smartly.

10. Things You Must Review Annually
Fund performance – replace consistent underperformers.

Asset allocation – rebalance equity vs. debt mix.

Goal progress – are you on track or lagging?

Market trend – adjust SIPs, if needed, during prolonged downtrends.

Tax planning – optimise long-term capital gains and exemptions.

11. Avoid These Common Mistakes
Over-exposure to single stock or single sector.

Stopping SIPs during a market fall.

Investing in direct mutual funds without professional guidance.

Reacting emotionally to market volatility.

Ignoring NPS or mutual fund reviews for many years.

12. Strategies That Will Help You Reach 30 Crores
Stay fully invested in equity-oriented funds for at least 14-15 years.

Use staggered allocation in mutual funds through SIP and STP.

Review your SIP growth annually and increase if surplus exists.

Keep emergency funds separate. Don't touch your investment portfolio.

Avoid ULIPs, endowment plans, or investment-linked insurance.

13. Should You Increase Your SIP Further?
Yes, if you can spare more each year, do step-up SIPs.

Even a 10% annual SIP increase will have massive impact.

Try to reach Rs. 2L/month SIP over next 5 years.

That alone can help you comfortably touch Rs. 30 crore or more.

14. Plan for Retirement Withdrawal Now Itself
Once you hit Rs. 30 crore, have a clear exit plan.

Use a bucket strategy post-retirement:

Short-term for next 2 years

Medium-term for 3–5 years

Long-term growth beyond 5 years

This ensures safe, inflation-beating, and tax-efficient retirement income.

Finally
Your current investments are strong and well-disciplined.

But Rs. 30 crore in 19 years needs growth, not just savings.

Equity mutual funds and stocks must stay efficient and well-reviewed.

A 13–14% average return is needed — possible, but needs active monitoring.

Review your SIPs yearly. Increase them as your income grows.

Get portfolio reviews regularly from a Certified Financial Planner.

Avoid short-term panic. Think long. Think big. Stay consistent.

With this discipline and structure, yes, you can reach your Rs. 30 crore goal.

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