Home > Money > Question

Sign In | Create an account

Language:

Now in हिन्दी too

Need Expert Advice?Our Gurus Can Help

Vivek Shah | Answer |Ask -Follow

Financial Planner - Answered on May 04, 2023

Vivek Shah is a SEBI registered investment advisor and certified financial planner from FPSB India. He has over 18 years of experience in financial planning.
Shah founded Finrise, a financial planning and wealth management firm, in 2011. He believes that equity investment is the only way to generate long term wealth.
He has an MBA in finance, a degree in chartered accountancy and is a registered life planner from Kinder Institute of Life Planning, USA.... more

Question by Terry on Apr 27, 2023Hindi

Money

sir I AM A SENIOR CITIZEN AND NEED TO SELL MOST OF THE SHARES. PLEASE GUIDE ME I HAVE AART1 DRUGS QUANITY 53 PURCHASED @ RS. 376 ADANI POWER LTD 269 @291 ASTRA MICROWAVE LTD 144 @372 BF UTILITIES LIMITED 144 @462 CAPLIN POINT LAB LTD. 49 @655 CARYSL 50 @550 CHENNAI PETROLEUM CORP LTD 207 @339 COLGATE PALMOLIVE LTD. 21 @1,707 DELPHI WORLD MONEY LTD 116 @732 DHAMPUR SUGAR MILLS LTD. 72 @250 ELGI EQUIPMENTS LTD 93 @451 EVEREST INDUSTRIES LTD 48 @RS.900 FIVE-STAR BUS FIN LTD 113 @RS. 620 GARDEN REACH SHIP&ENG LTD 106 @RS.440 GOA CARBON 42 @RS.515 GRANULES INDIA LIMITED 289 @RS357 HINDUSTAN ZINC LIMITED 416 @ RS.325 HLE GLASCOAT LIMITED 233 @RS. 531 I G PETROCHEMICALS LTD 78 @RS.760 IFB AGRO INDUSTRIES LTD 99 @RS.701 ITDC 200 @RS. 407 INDIAN OIL CORP LTD 301 @RS.74 INDIAN RAIL TOUR CORP LTD 72 @RS.894

Ans: Hello,

Being a senior citizen and if you are not able to track the stock market on regular basis, i would advise to sell the equity portfolio as you are in distribution of wealth phase rather than wealth creation phase.

If you are looking for regular income from this money than you can eithert buy a HDFC limited bonds which are offering 8% interest to senior citizen and take annual payout option.

if you are looking for moderate portfolio than invest in Balanced advantage fund and start having SWP after one year to the 6% of the current value.

It better to have word with any financial advisor to design your retirement plan properly which will help you to enjoy you wealth in these golden years of your life.

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.

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.

MoneyReply

You may like to see similar questions and answers below

Samraat Jadhav |2523 Answers |Ask -Follow

Stock Market Expert - Answered on Jul 24, 2024

Question by SHAILESH - Feb 28, 2023Hindi

Money

KINDLY ADVICE - TO SALE OR HOLD Shree Renuka Sugar 300 Shares @56/- Shobha Developers 35 Shares @700/- Tirumala Chemicals 200 Shares @220/- ICICI Securities 100 Shares @850/- NALCO 400 Shares @95/- Bank of India 400 Shares @95/-

Ans: other than Bank of India all exit

Advait Arora | Answer |Ask -Follow

Financial Planner - Answered on May 02, 2023

Asked by Anonymous - Apr 27, 2023Hindi

Money

Sir, I am a Senior citizen and hold a lot of shares. I need to sell all of them. Can you let me know which ones i should hold. AART1 DRUGS qty 53 @ Rs. 376 ADANI POWER LTD 269 291 ASTRA MICROWAVE LTD 144 372 BF UTILITIES LIMITED 144 462 CAPLIN POINT LAB LTD. 49 655 CARYSL 50 550 CHENNAI PETROLEUM CORP LT 207 339 COLGATE PALMOLIVE LTD. 21 1,707 DELPHI WORLD MONEY LTD 116 732 DHAMPUR SUGAR MILLS LTD. 72 250 ELGI EQUIPMENTS LTD 93 451 EVEREST INDUSTRIES LTD 48 900 FIVE-STAR BUS FIN LTD 113 620 GARDEN REACH SHIP&ENG LTD 106 440 GOA CARBON 42 515 GRANULES INDIA LIMITED 289 357 HINDUSTAN ZINC LIMITED 416 325 HLE GLASCOAT LIMITED 233 531 I G PETROCHEMICALS LTD 78 760 IFB AGRO INDUSTRIES LTD 99 701 ITDC 200 407 INDIAN OIL CORP LTD 301 74 INDIAN RAIL TOUR CORP LTD 72 894

Ans: a very mixed portfolio.
i believe fundamentally good ones are : Colgate & HLE Glasscoat, and also BF utilities, Carysl and IRCTC.
look for better growth long term a group stocks

Samraat Jadhav |2523 Answers |Ask -Follow

Stock Market Expert - Answered on Jun 22, 2023

Question by SPR - Jun 15, 2023Hindi

Money

Sir, I am holding following shares. Pls advise what to do 1) Adani Ports 20 @ 710.50 2) Adani Power 50 @ 265.30 3) Adani Wilmar 30 @ 506.35 4) Ambuja Cement 35 @ 508.45 5) Bank of India 200 @ 77 6) Bank of Maharashtra 500 @C 30.80 7) Brightcom Group 1000 @ 24.85 8) Hindalco 50 @ 479.70 9) IFCI 1000 @ 14.20 10) Indian Overseas Bank 600 @ 32.50 11) IOCL 120 @ 85.70 12) ITC 40 @ 427.05 13) J Kumar Infra 50 @ 232.90 14) Kalyan Jwellers 100 @ 121.10 15) NALCO 125 @ 82 16) PC Jwellers 1000 @ 27.65 17) Pennar Industries 500 @72.80 18) PNB 300 @ 57.40 19) Power Finance Corp 100 @ 143.7 20) RECL 120 @ 120.55 21) Reliance Power 5000 @ 13 22) RVNL 200 @ 121 23) SBI 100 @ 579.75 24) South Indian Bank 1000 @ 19.20 25) Suzlon Energy 3000 @ 11.23 26) Tata Motors 200 @ 385.70 27) Tata steel 200 @ 119.15 28) TTML 300 @ 67.35 29) TV Today Network 100 @ 298 30) UCO Bank 500 @31.75 31) Union Bank of India 250 @ 81.75 32) Vedanta 100 @ 308.95 33) Vodafone Idea 2000 @ 7.20 34) Welspun Enterprises 150 @ 161.50 35) Yes Bank 1000 @ 22.15

Ans: exit the following
Brightcomm
IFCI
Reliance Power
Suzlon
TTML
Vodafone
Yesbank
others hold for atleast 2yrs

Disclaimer: Investments in securities are subject to market RISKS. Read all the related documents carefully before investing. Please consult your appointed/paid financial adviser before taking any decision. The securities quoted are for illustration only and are not recommendatory. Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Samraat Jadhav |2523 Answers |Ask -Follow

Stock Market Expert - Answered on Jan 02, 2024

Question by atul - Jan 02, 2024Hindi

Money

i have shar of 30 different shares i want exit some bhartiairtel - 39 nos@816 cams 21 nos@2706 datapattns - 33nos@1377 federalbank 107@142 gmdcltd 58@254 hal 47@1657 hindalco -87@ 373 indimart -14@3150 infy 91@1019 irfc 111 @82 jiofin -@ 43 lt 28 -@1560 nazara-@ 24 - 941 nykaa - 66@ -price 237

Ans: Exit the following
Infy, data patters, Indiamart, Nykaa, Bharti

Disclaimer: Investments in securities are subject to market RISKS. Read all the related documents carefully before investing. Please consult your appointed/paid financial adviser before taking any decision. The securities quoted are for illustration only and are not recommendatory. Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Latest Questions

Reetika Sharma |459 Answers |Ask -Follow

Financial Planner, MF and Insurance Expert - Answered on Dec 24, 2025

Asked by Anonymous - Dec 22, 2025Hindi

Money

I am 34 years old, married, with no children yet, but we plan to start a family by the end of 2026. Our monthly household take-home income is 4.4 lakh. We have cumulative EMIs of 1.50 lakhs per month: (1) Home Loan (1 Cr Outstanding, 9 years left): 1.1 lacs per month, (2) Car Loan (8 lacs outstanding 4 years left): 25k per month (3) Personal Loan (4 years left) - 15k per month. Our investments include 50 lakh in stocks and mutual funds, and 30 lakh in PF. I have a term plan with cover till age 85, costing additional 1.3 lakh per year in premium for next 7 years. Me and my wife are covered by our employer for medical insurance, and our parents will also have PSU pension and medical cover after retirement. We spend around 1.2 lakh per month on household expenses in Gurgaon. We invest 1 lakh monthly having 20-90 split in stocks and MFs and keep 2 lakh in an emergency savings account. My long-term goal is to pay off all loans, build a financial buffer to move back to my hometown a tier 2 city and do remote work from there - this might reduce our househol income by 30-40%. Given these details, how should I plan our investments to achieve the goals and how many years are we looking to achieve this?

Ans: Hi,

You have done great investments at such age. Let us go through the details one by one:
1. You have a term cover and health insurance for yourself as well as family.
2. You should have emergency fund of 6 months' worth expenses in liquid mutual funds for uncertain times, 2 lakhs is way too less.
3. Currently 3 loans - Home, Car and Personal. All loans will be finished in 9 and 4 years respectively(total EMI - 1.5 lakhs). Overall loans are high. Try to close PErsonal loand first followed by car loan to reduce the EMI burden.
4. 50 lakhs current holdings in stocks and mutual funds.
5. 30 lakhs in PF.
6. 1.4 lakh monthly expenses.
7. Current SIP - 1 lakh permonth in stocks and mutual funds.

You have build a great wealth for yourself at your age. You are also planning to start a family. Keep your invesments like this with consistency and you will finish loans and be able to move to your home as well.

Although direct stock investment needs loads of time and research - hence not recommended. It is advisable for you to keep your investments limited to mutual funds only. And it would be great to take a professional's help as even a slightest mistake can break or make your wealth.

Before relocating after few years, try to maximize your investments at the maximum potential and let compounding do its magic. Try to invest more than 1 lakh per month in mutual funds for a secured future.

Doing and managing investments along with your job is not recommended. It is always better to go for professional advice when it comes to money.

You can connect with a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Reetika Sharma |459 Answers |Ask -Follow

Financial Planner, MF and Insurance Expert - Answered on Dec 24, 2025

Asked by Anonymous - Dec 16, 2025Hindi

Money

Hello Advait sir, I am 48 year having privet Job. I have started investment from 2017, current value of investment is 82L and having monthly 50K SIP as below. My goal to have 2.5Cr corpus at the age of 58. Please advice... 1. Nippon India small cap -Growth Rs 5,000 2. Sundaram Mid Cap fund Regular plan-Growth Rs 5,000 3. ICICI Prudential Small Cap- Growth Rs 10,000 4. ICICI Prudential Large Cap fund-Growth Rs 5,000 5. ICICI Prudential Balanced Adv. fund-Growth Rs 5,000 6. DSP Small Cap fund Regular Growth Rs 5,000 7. Nippn India Pharma Fund- Growth Rs 5,000 8. SBI focused Fund Regular plan- Growth Rs 5,000 9. SBI Dynamic Asset Allocation Active FoF-Regular-Growth Rs 5,000

Ans: Hi,

It is great that you are investing since 2017. Long investments and patience always gives results.
You can easily achieve your goal corpus by the time you turn 58, if investment done correctly.

The funds you mentioned have so much overlapping and scattered. It needs rework and complete reallocation. Maximum of 5 funds should be there. Take the help of a professional to align your portfolio with your goal and customized profile.

A random portfolio like yours can create an opposite impact and generate negative to zero returns.

And try to increase the monthly SIP by 10% each year. This will take care of inflation power.

Hence do consult a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Reetika Sharma |459 Answers |Ask -Follow

Financial Planner, MF and Insurance Expert - Answered on Dec 24, 2025

Question by Rajesh - Dec 15, 2025Hindi

Money

Hello and namaskar.. I am 36 years old. Need your guidance in the following funds- (a) parag parekh flexi cap - 7500/- per month (B) GROWW nifty midcap 150 index fund -2500/- per month (C) mirae asset ELLS tax saver -5000/- (D) pGIM india mid cap opp. Fund -5000/- (E) quant small cap fund-4000/- (F) ICICI prudential equity and debt fund - 3000 (G) HDFC FLEXI CAP FUND - 4000 (H) Uti nifty 50 index fund - 5000 Additionally I want to invest 1lakh annually. Tell me where to invest this additional amount. These funds are ok or I should exit from any fund and invest in any other fund. I want to get 2 crore till the end of 2035. Am I going on the right track.

Ans: Hi Rajesh,

Appreciate your dedication in investing in mutual funds for long term. The funds selected by you are very random and not recommended for your goal. Overall investments are also not in alignment, this portfolio is a very random one.
Currently you are investing 36000 per month - keep your investments simple in largecap, midcap, smallcap and mutlicap fund. Keep additional 1 lakh as well in these funds.

You should consider exiting funds like quant and shift to more stable ones.

Your current funds are direct, but direct funds are over-rated. A random portfolio like this can instead give less returns than a professionally designed one. It is always better to go for a regular portfolio suggested by a professional. Proper funds with a designed dedicated plan will help you reach your goal of 2 crores in 10 years in an efficient way.

Hence do consult a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Reetika Sharma |459 Answers |Ask -Follow

Financial Planner, MF and Insurance Expert - Answered on Dec 24, 2025

Question by kiran - Dec 12, 2025Hindi

Money

canara roboc largecap found past 3 years how much return expected

Ans: Hi Kiran,

Avoid investing in these funds for a short term like 3 years. Although this is a good fund and gives an average of 14% XIRR, but investments should be done thoughtfully.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Reetika Sharma |459 Answers |Ask -Follow

Financial Planner, MF and Insurance Expert - Answered on Dec 24, 2025

Question by ebenser - Dec 11, 2025Hindi

Money

what is prospects of investments in SILVER?

Ans: Hi Ebenser,
Silver is a good investment for now and long term. Avoid any big lumpsum buys and go for small buys each month.

Also it is not a good idea to put all your eggs in one basket. Hence avoid investing everything in silver.
Gold and silver shall not exceed 10% of your total networth.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Reetika Sharma |459 Answers |Ask -Follow

Financial Planner, MF and Insurance Expert - Answered on Dec 24, 2025

Asked by Anonymous - Nov 28, 2025Hindi

Money

i am 49 yrs. currently invested Rs.13000 monthly in mutual fund. I want to invest more Rs.5000 monthly. pls suggest me. also i have Rs.20000 from FD, where to invest the amount pls suggest me.

Ans: Hi,

Investing everything in mutual funds is never a good idea.
- you should have an emergency fund of 3-6 months worth expenses in FD
- a term insurance and a health insurance is mandatory.

Once these conditions are fulfilled, invest additional 5000 in mutual funds. Share the existing funds in which you are doing SIP along with time horizon for me to guide you in a better way.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Reetika Sharma |459 Answers |Ask -Follow

Financial Planner, MF and Insurance Expert - Answered on Dec 24, 2025

Question by KRISHNAMURTHY - Dec 10, 2025Hindi

Money

Hi, I am a retired person, 66 years of age. Our family has a MUTUAL FUND holding of around 65 lakhs invested mostly in equity funds. We all have a health insurance of Rs 3 lakhs each. We live in our own house and need about Rs 25,000/ month for our expenses, which we get every month by way of SWPs. My daughter has finished her studies , but still has not started earning. I can now invest around Rs 5000 per month in SIPs . Kindly advice me as to which fund I could invest in. Other should I invest in Gold ETFs? Do I need a Demat Account to do the later?

Ans: Hi Krishnamurthy,

It is very good that you have managed to do SWPs to cover your monthly expenses. For additional 5000 investment per month, you can split between the 2:
- 2500 in gold etf (you should have a demat for this)
- 2500 monthly SIP in a multi asset allocator fund.

If you do not want to open demat, can invest 2500 in gold mutual funds also.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Reetika Sharma |459 Answers |Ask -Follow

Financial Planner, MF and Insurance Expert - Answered on Dec 24, 2025

Question by SURESH - Dec 17, 2025Hindi

Money

I am 62 years old and I forgot to apply for a monthly pension from EPFO, even though I worked for my previous company for 13 years. I am currently working for another company, but when I try to apply online, I don't see Form 10D; only Form 31 is showing, even though I have left my previous company. pls confirm me what is a issue.

Ans: Hi,

The issue is that you are still employed and online application for monthly pension i.e. Form 10D is available only after you have left service and updated your date of exit on the EPFO portal.
But as you are currently active with a new employer, the system only permits Form 31 for partial withdrawals.

Since you meet the requirements for a superannuation pension (age 62 with 13 years of service), please follow these steps to proceed:

1. Verify Your Service History - Check the "Service History" section of your UAN portal. Ensure your previous employer has officially updated your Date of Exit. The online system cannot process a pension claim without this status update.
2. Use the Offline Application Method - If the online portal remains restricted or encounters technical errors, you must submit a physical application.
* Download Form 10D: Obtain the hard copy from the official EPFO website.
* Employer Attestation: Complete the form and have it signed by your previous employer.
* Alternative Attestation: If your previous employer is unavailable or the company has closed, you may have the form attested by a Gazetted Officer, a Magistrate, or your Bank Manager.
3. Submission Details - Submit the signed form to your regional EPFO office along with the following:
* Three passport-sized photographs.
* A cancelled cheque (for the account where you wish to receive the pension).
* Valid proof of age.

For real-time status updates or specific account queries, you can reach the **EPFO helpline at 14470.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Reetika Sharma |459 Answers |Ask -Follow

Financial Planner, MF and Insurance Expert - Answered on Dec 24, 2025

Question by Bhogu - Dec 11, 2025Hindi

Money

Dear Sir, Kindly enlighten me as to how long one can park ( years ) MFs in growth investments. Do they need to be renewed periodically? Do they lapse on long period of investments?

Ans: Hi Bhogu,

You can park for indefinite period. There is no renewal necessary and there is no lapse. On death of the holder, your family can claim those investments if they have the details.

But since you are a new investor, avoid investing in random funds and take a professionals help.
Do consult a professional Certified Financial Planner - a CFP who can guide you with exact funds to invest in keeping in mind your age, requirements, financial goals and risk profile. A CFP periodically reviews your portfolio and suggest any amendments to be made, if required.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

Reetika Sharma |459 Answers |Ask -Follow

Financial Planner, MF and Insurance Expert - Answered on Dec 24, 2025

Question by deepa - Nov 28, 2025Hindi

Money

I have invested in Quant Small Cap, Quant Infrastructure and Quant Large and Midcap through SIP route. This is almost 18 months and I have never found these 3 on positive so far. Please suggest if I can stop and switch to some one. I plan these SIPs for a time frame of 3 yrs. Best

Ans: Hi,

These funds are not recommended. You can redeem these funds and invest in better funds available. And avoid investing in such random funds yourself. Instead take a professional's help.

Let me know if you need more help.

Best Regards,
Reetika Sharma, Certified Financial Planner
https://www.instagram.com/cfpreetika/

See more questions »

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.

Video Reply
Audio Reply

WhatsApp
Facebook
Twitter
Copy link

Delete

Close

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus

Sign up

email

uname

mobile no

Country Code

Mobile number

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

LOGIN

x