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Sudhanshu Singh | Answer |Ask -Follow

Answered on Apr 12, 2022

Question by Soham on Apr 12, 2022Hindi

Money

I want to do SIPs of Rs 25,000 per month. I am 50 and can invest 10 lakh as lump sum too. In which MFs can I start my SIPs and would you have any good names for making lump sum investment?

Ans: Nice to know that you can invest 10 lakh in lump sum. I will suggest you to invest this lump sum money in debt-based mutual funds which can give inflation-beating return. You should try to keep in line with returns on this fund and wait for a right opportunity to invest this fund in balanced or growth funds (like when you see market crash).

Further as far as your monthly investment goes you should invest the same in balanced funds which will be a mixture of debt and equity and will give a good return with safety of funds.

Some good balanced funds can be:

1. HDFC Balanced Advantage Fund

2. ICICI Prudential Balanced Advantage Fund

3. Nippon India Balanced Advantage Fund

4. Edelweiss Balanced Advantage Fund.

5. L&T Dynamic Equity Fund.

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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I have following MFs in lump sum deposit. SBI Multicap D/P Growth - 3 L SBI Retirement Benefit Fund Aggressive Plan - Regular Plan Growth - 2.5 L SBI Retirement Benefit Fund Conservative Hybrid Plan - Regular Plan Growth - 2.5 L SBI Nifty Next Fifty Index funds D/P - Growth - 82 K Please suggest some SIPs for monthly 1 LAKH SIP for a target of 2 Cr in three years.

Ans: 1 lakh SIP in 3 years can create a corpus of Rs. 45 lakh and not 3 crs

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Head, Rank MF - Answered on Nov 26, 2021

Question by George - Nov 26, 2021Hindi

Money

Have read your questions and answers section and I like the same. Till now, have not invested in MF except Rs 1 lakh in Edelweiss share market. Am planning to move my FD to MF. Kindly request you to suggest some funds where I can start a SIP and invest upto Rs 2 lakhs in lumpsum. Age: 48 years Total amount to invest per month: Rs 25,000. Planning for invest upto: 58 years (10 years). Request you to suggest the best option of mutual fund for SIP of Rs 25,000 per month and one time lump sum of Rs 2,00,000.

Ans: You can consider Axis ESG Equity Fund (Growth), DSP Focus Fund (Growth), ICICI Prudential US Bluechip Equity Fund (Growth), Parag Parikh Flexi Cap Fund (Growth), SBI Magnum Globad Fund (Growth) and DSP Quant Fund (Growth).

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Asked by Anonymous - Mar 27, 2023Hindi

Money

Hi, I have no MF investments as of now. Some NPS Tier1 investments only. I want to make a lumpsum invest of 10L for 5 years plus. Please advise which MF schemes to invest in. Also i want to start a SIP of 25k per month in different funds (in addition to NPS T1 and PF that i have ongoing), current age 39, investment horizon: mid to long term. Please suggest SIP related investments.

Ans: Hello and thanks for writing to me. You can consider making lumpsum investments of Rs.2 Lakh in each of the below schemes:

1-Edelweiss NIFTY 100 Quality 30 Index Fund
2-DSP Quant Fund
3-SBI Blue Chip Fund
4-SBI Focused Equity Fund
5-UTI Flexi Cap Fund

You can also start monthly SIP's of Rs.5,000 in each of the above schemes.

Periodic reassessment and rebalancing is essential to ensure you are on the right track to achieve your financial goals.

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Question by Vinit - May 13, 2023Hindi

Money

Sir.. I want to invest 10 Lakh Lumpsum in Mutual Funds and also want to start SIP of 50 K/month.. Please suggest funds to inverst both lumpsum and SIP.. Looking for 5 Yrs horizon for both .. Thanks in advance

Ans: Hello,
Assuming your age is 30-35 years and your time horizon is 10yrs+ , you can select the following funds
Small cap - 25%
Mid cap 25%
Large and mid cap - 15%
Multicap - 10%
Consumption fund - 10%
As per choice - 15%

Please note that these suggestions are based on your stated goals and the information you provided. It is always a good idea to consult with a financial advisor in person to better understand your risk tolerance, time horizon, and specific financial goals.

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Question by Prahlad - Jan 22, 2025Hindi

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Hi Sir, I am retired and 63 years old. Having 50 lacs in equity.1.5 cr MF, 25 lacs in SCSS.expected landproperty sale of 4.5 cr also having own house and no education or marriage expenses of children. Medical insurance of 10 lack for me and wife. However intended to buy a residential property of 3 cr to get relax from capital gain post selling the land. And same will be given to daughter later. Need monthly expenses of 1.25 lack. Since market is too volatile. Kindly suggest way forward.

Ans: Dear Pralhad,
To manage your finances post-retirement and handle market volatility, allocate the ?4.5 crore from your land sale strategically. Use ?3 crore to purchase a residential property to save on capital gains tax and gift it to your daughter later. Allocate the remaining ?1.5 crore into ?50 lakh in SCSS for secure returns (~?16,000/month), ?50 lakh in RBI Floating Rate Bonds or POMIS (~?30,000/month), and ?50 lakh in balanced mutual funds for moderate growth. For your existing assets, keep ?25 lakh in SCSS and divide the ?1.5 crore mutual funds portfolio into 60% balanced advantage or hybrid funds for stability and 40% debt funds for steady income. Maintain 20-25% equity exposure (?50 lakh) in large-cap or dividend-yield funds for growth. Combined with a ?20-30 lakh emergency fund, this ensures a stable monthly income of ?1.25 lakh while safeguarding against market risks and providing for your family's future. Consult a certified financial advisor for personalized tax-efficient strategy
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Asked by Anonymous - Jan 22, 2025Hindi

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I am 40 year old have 1 daughter aged 8 years current monthly expenses 60 thousand. I have 30 lakh in PF, 25 lakh in stocks, 40 lakh in fd,50 lakh cash, 35 lakh gold, own apartment no loan, 4 crore in real-estate. Please suggest what should I do if I want to retire in the next 2 years.

Ans: Dear Friend,
To retire in 2 years, you’ll need a corpus of approximately ?2 crore to sustain your current monthly expenses of ?60,000, adjusted for inflation and assuming 30 years of retirement. Allocate ?2.5 crore to fixed-income instruments like SCSS, RBI Bonds, or debt mutual funds to generate a stable annual income (~?10 lakh). Retain ?50 lakh in stocks and equity mutual funds for growth and ?30 lakh in balanced mutual funds for stability. Keep ?20-30 lakh in liquid funds or FDs for emergencies.

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Question by Rayulu - Jan 23, 2025Hindi

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Sir iam rayulu 47 years old. Iam invest in mutual fund s axis small cap 5000 ,quant small cap 5000, motilal oswal midcap 5000, nippond india growth fund 5000 and my wife account Nippon small cap 5000 and sbi contra 5000 paragpark flex cap 5000,HDFC flex cap 5000 how to create 1 crore in tem years pls suggest

Ans: Dear Rayulu,
To create ?1 crore in 10 years with your current mutual fund SIPs of ?40,000/month, you need a consistent 12% CAGR. At this rate, your corpus will grow to approximately ?92.7 lakhs. To bridge the gap, consider increasing your SIPs by ?2,000-?3,000/month or adding a 10% annual top-up.

Your portfolio is well-diversified but leans heavily on small-cap funds (Axis, Quant, Nippon). Balance it by adding large-cap or index funds like **UTI Nifty Index** or **Mirae Asset Large Cap** for stability. Monitor your portfolio annually and reallocate if funds underperform consistently for 2-3 years. Staying disciplined, increasing SIPs periodically, and maintaining a balanced portfolio will ensure you comfortably achieve your ?1 crore goal in 10 years.
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What is the future of Lic jeevan saral?I am paying premium since March 12.I will incur a loss of Rs 3 lacs approximately if I surrender the policy today as suggested by my agent.Please suggest what should I do? I am 54 years old and policy term is 28 years.

Ans: Hello;

My suggestion to you would be to surrender it as early as possible.

Even if you get your premiums back with some or nil return, it is okay.

Agent will tell you about loss because he will get impacted if you surrender the policy.

Recently IRDAI(Oct-2024)passed a diktat whereby the losses to investors surrendering their policy prematurely will be much lower then before.

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Asked by Anonymous - Jan 23, 2025Hindi

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I am male,29, not yet married. Earn 80k, invest 28k in mf sip, 8k in emergency fund. Family pension 40k. My personal medical cover 3 lac and same amount cover from office. Term plan 50lac. In unforseen circumstances withdraw money from pension. We had medical benefit of cashless hospital treatment, but the same got withdrawn from long time now. Now we need to pay and claim reimbursement as per CGHS rate. My mother is 65. We don't have her medical cover as she has panel benefit but now it is not cashless. I want to cover for her hospitalisation. If I start medical cover now it is costing 1.5 lac to 1.8 lac for 50 lac cover. What should I do ?

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Then you may buy a super top up health cover for your Mom(~25 L).
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Do a thorough study of exclusions, room rent limit, other terms and conditions or consult an insurance advisor.

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Asked by Anonymous - Jan 05, 2025Hindi

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Should i take admission in nit delhi civil engineering or not? DOES it have a good placement in civil?

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Asked by Anonymous - Jan 09, 2025Hindi

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Dear Sir My son is currently in 9th - CBSE board. His ultimate aim is getting into IIT. He wants to focus exclusively in national Olympiads Maths and science in Class 10th . He wants to know if there are some good dummy school for Class X - CBSE , which will enable his objective. If yes, will there be any eligibility issue for the same once he appears for JEE Mains after clearing 12th. I support his decision that in scenario if he doesn't clears JEE in 1st attempt, instead of then wasting 1 year at home, and again preparing for JEE, why don't he get the preparations underway from Class 10th onwards, sincerely prepare for olympiads thereby getting an edge in JEE preparation once he enters class 11th. Request your advise regarding availibility of 10th Dummy school and whether there will be some eligibility issue afterwards. Thanks and Regards Ashish

Ans: Hello Ashish Ji
it is not good and advisable for me to write this in detail on a public platform, I will help you with this if you can specify your city. In case of any queries & professional help, you can DM me through insta handle CAREERSTREETS.

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Question by ATUL - Jan 10, 2025Hindi

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Sir mene 11th dubara Kari hai matalab 10th ke baad 1 year gap hai to ise mujhe jee mains aur advanced ya kisi aur job me problem to nahi aayegi

Ans: Hi Atul
there will not be any problem. Don't worry about it.

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Asked by Anonymous - Jan 14, 2025Hindi

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My son is working in an multinational energy company. Work culture is very good, salary also good. He did his B.Tech in CSE in the year 2023. He is working as a Software Eng. in the ERP section. My son is interested more coding related job. He has a GATE (2023) score of 581 (Gen cat). My questions are 1) Is it advisable to do M.Tech in CSE using his GATE score? If yes, then which top Colleges can be preferred? 2) Or, will he continue his present job for few more years to gain experience ++ 3) Or, to switch to a new company? Thanks in advance.

Ans: Hello Sir,
In my view, M.S. is more beneficial & rewarding than doing M.Tech. If Pursuing M.Tech then top colleges are IITs & NITs. If he is happy with the work culture & perks he is receiving then I would suggest continue for 2-3 years to gain a good experience and then decide M.S/M. Tech or MBA.

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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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