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Abhishek Dev  | Answer  |Ask -

Financial Planner - Answered on Aug 04, 2023

Abhishek Dev is the co-founder and CEO of the financial planning company, Epsilon Money Mart.
A management graduate, he has over 21 years of experience in asset and wealth management.
He has been associated with reputed companies like HSBC GAM (India, south east Asia), PGIM, AMC, AMEX Bank, HDFC AMC and UTI in various roles, including leading business management, sales, marketing, product development and as a board member.... more
Asked by Anonymous - May 24, 2023Hindi
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I have started investing 6,00,000 per year for a 5 year period in SBI Smart Privilege Plan which is a ULIP plan. First year investment is completed.There is a locking period of 5 years which I am fine with. I have heard that MF is better than ULIPs. But shouldn't we consider the fact that (considering we get 14-15% return) ULIPs maturity amount is tax free as against the MF's? Wouldn't this make the gains almost same for both ULIPs abd MFs at the end of 5 year period?

Ans: We would like to differ and suggest you not to mix insurance with investments. Also, since you're investing Rs. 6 lac per year, your ULIPs will be taxable. Generally ULIPs tend to give 6-9% kind of return, and MFs can give 14-16% kind of return as your rightly mentioned. Therefore, the difference in returns can be massive. Keeping things simple helps!
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  |7254 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 12, 2024

Asked by Anonymous - Jun 19, 2024Hindi
Money
Hi, I am 42 years old. I have started an ULIP in Sbi Life - Smart Privilege LP in 2017. Policy Term of 20 Years and premium payment of 5years. Currently the policy is in fully paid up condition . So far the policy performed well. I paid 6 Lacs per year and totally 30 Lacs in 5 years. Current Value of my policy is 72 Lacs. I have selected 70% in Midcap , 5% in Balance Fund, 20% in Equity growth fund & 5% in Top 300 fund. I am not worried about the risk taking level. Is it worth to continue this policy further? my aim is to get 75 K monthly. Can I change to Mutual fund with SWP?
Ans: You have a Unit Linked Insurance Plan (ULIP) with SBI Life - Smart Privilege LP, which you started in 2017. You paid Rs. 6 lakhs annually for five years, totaling Rs. 30 lakhs. The current value of your policy is Rs. 72 lakhs. Your allocation is 70% in Midcap, 5% in Balanced Fund, 20% in Equity Growth Fund, and 5% in Top 300 Fund.

You aim to receive Rs. 75,000 monthly. Let's explore whether it's better to continue with the ULIP or switch to Mutual Funds with a Systematic Withdrawal Plan (SWP).

Performance and Structure of ULIPs
ULIPs combine insurance and investment. Your policy has done well, growing from Rs. 30 lakhs to Rs. 72 lakhs. This growth indicates a good performance. ULIPs offer life cover, which provides financial security to your family in case of your untimely demise.

The charges in ULIPs include premium allocation, fund management, mortality, and policy administration. These charges can impact returns over the long term. Despite these charges, your policy has performed admirably.

Evaluating Mutual Funds with SWP
Mutual Funds are solely investment products, without an insurance component. They typically have lower charges compared to ULIPs. Actively managed Mutual Funds allow flexibility and can be tailored to meet your risk profile and investment goals.

A Systematic Withdrawal Plan (SWP) allows you to withdraw a fixed amount regularly from your Mutual Fund investment. This can provide a steady monthly income. With an SWP, you can plan for Rs. 75,000 monthly withdrawals.

Risk and Return Assessment
You mentioned that you are not worried about risk. Both ULIPs and Mutual Funds can be tailored to match your risk appetite. In your ULIP, 70% is in Midcap, which is high-risk but high-reward. A similar allocation in Mutual Funds can potentially yield better returns due to lower costs.

Mutual Funds provide diversification and professional management. You can choose a mix of Equity, Balanced, and Debt funds to match your risk profile. With the right selection, Mutual Funds can outperform ULIPs over the long term.

Tax Implications
ULIPs have a tax advantage under Section 80C for premiums paid and Section 10(10D) for maturity proceeds. Mutual Funds also offer tax benefits, particularly Equity Linked Savings Schemes (ELSS) under Section 80C.

However, the tax treatment on withdrawals differs. Withdrawals from Mutual Funds are subject to capital gains tax. Long-term capital gains (LTCG) on equity funds are taxed at 10% above Rs. 1 lakh. Short-term capital gains (STCG) are taxed at 15%.

For debt funds, LTCG is taxed at 20% with indexation, and STCG is taxed as per your income slab. It's essential to consider these tax implications when planning your SWP.

Costs and Charges
ULIPs have higher costs due to the insurance component and various charges. These charges can eat into your returns over time. Mutual Funds have lower costs, primarily the expense ratio. By investing through a Certified Financial Planner (CFP), you can benefit from professional advice and potentially better fund selection.

Direct Mutual Funds have lower expense ratios than regular plans. However, investing through a CFP can provide personalized advice, which can enhance your returns and help in achieving your financial goals.

Liquidity and Flexibility
Mutual Funds offer better liquidity compared to ULIPs. You can redeem your Mutual Fund units partially or fully at any time. ULIPs have a lock-in period, typically five years, limiting liquidity.

The flexibility in Mutual Funds allows you to switch between funds without charges, unlike ULIPs which may have switching charges. This flexibility can help you adapt your portfolio to changing market conditions and personal circumstances.

Benefits of Staying with ULIP
Your ULIP has performed well, doubling in value. Continuing with the ULIP can provide continued life cover and potential tax benefits. If you value the insurance component and the current performance, staying invested might be beneficial.

However, consider reviewing the fund performance periodically and reassess the charges. If the charges start to outweigh the benefits, it might be time to consider switching.

Transitioning to Mutual Funds
Switching to Mutual Funds with an SWP can provide a steady income and potentially higher returns due to lower costs. Here's how you can proceed:

Evaluate Your Goals: Ensure that Rs. 75,000 monthly is realistic based on your corpus and expected returns.
Select Funds Carefully: Choose a mix of equity, balanced, and debt funds to match your risk profile.
Plan Withdrawals: Set up an SWP to provide the desired monthly income. Review and adjust periodically.
Consult a CFP: A Certified Financial Planner can help optimize your portfolio and ensure it aligns with your goals.
Transition Strategy
If you decide to switch, do it gradually to avoid market timing risks. Redeem your ULIP in phases and invest in Mutual Funds systematically. This strategy can help mitigate market volatility.

Ensure that your new investments are diversified. A mix of large-cap, mid-cap, and debt funds can provide stability and growth. Regularly review and rebalance your portfolio to stay aligned with your goals.

Final Insights
Your ULIP has done well, and it offers insurance cover and tax benefits. However, the high charges can impact long-term returns. Mutual Funds with an SWP offer flexibility, potentially higher returns, and lower costs.

Evaluate your goals, risk profile, and tax implications carefully. Consult a Certified Financial Planner to help make an informed decision. A gradual transition to Mutual Funds can provide the desired monthly income and better long-term growth.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |7254 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Oct 28, 2024

Asked by Anonymous - Oct 26, 2024Hindi
Money
I have paid 30 lakhs at 6 lakhs annually in SBI smart privilege LP for 5 years. It is complete now as on date. Is it worth to continue in it or withdraw and invest in MF for good returns in 3 years
Ans: Let's thoroughly assess your SBI Smart Privilege Life Plan (LP) investment and its potential in comparison to mutual funds (MFs) for generating good returns over the next three years.

1. Evaluating SBI Smart Privilege Life Plan's Potential
SBI Smart Privilege is a ULIP (Unit Linked Insurance Plan), which combines life insurance with market-linked investments. Given its structure, it has both advantages and limitations that need consideration for meeting your current financial goals.

High Charges: ULIPs typically include premium allocation, administration, and fund management charges, which can significantly impact returns. Over the policy term, these charges reduce your net investment value compared to mutual funds.

Moderate Flexibility: While ULIPs provide insurance coverage and tax benefits under Section 80C, they also carry limited flexibility. Investment in mutual funds may offer better control and liquidity, especially when aligning with short-term financial goals.

Lock-In Period and Surrender Charges: Although you have completed the mandatory five-year premium period, early withdrawal may still carry surrender charges, which could impact your returns. However, some policies waive this after a certain term, so confirming with SBI on exact charges is advisable.

2. Understanding the Three-Year Investment Goal
For your current objective of achieving growth within three years, the choice of investment needs to be strategic and aligned with optimal returns:

Short-Term Goals and ULIPs: ULIPs are generally better suited for long-term goals, as market-linked benefits are maximized over an extended horizon. For three years, the costs of maintaining a ULIP may outpace returns, especially if you are aiming for higher liquidity and growth.

Growth Opportunities in Mutual Funds: Mutual funds offer a flexible structure, allowing selection of funds based on investment tenure and risk tolerance. Actively managed funds, particularly in categories such as hybrid or equity-oriented funds, tend to outperform ULIPs in short-term returns due to lower charges and active management strategies.

3. Exploring Mutual Fund Advantages for a Three-Year Plan
Mutual funds bring various advantages that align well with short- to medium-term investment horizons:

Enhanced Flexibility and Liquidity: Mutual funds provide the flexibility to redeem funds whenever necessary, offering higher liquidity compared to ULIPs. This flexibility is ideal for achieving a target within three years.

Lower Expense Ratios: Actively managed mutual funds typically have lower expense ratios compared to ULIPs. By investing directly in a mutual fund portfolio, you gain the potential for better growth as fund returns aren’t diminished by high administrative charges.

Tax Efficiency: For equity mutual funds, long-term capital gains (LTCG) above Rs 1.25 lakh are taxed at 12.5%. Short-term gains (held less than one year) are taxed at 20%. Debt fund gains are taxed as per your income slab. This tax efficiency can further improve your returns over the investment period.

4. Active Management vs. Direct Fund Investment
Opting for a direct investment may seem cost-effective, but regular plans through a Certified Financial Planner (CFP) offer critical benefits. A CFP-backed investment route brings personalized guidance, portfolio monitoring, and tax-efficient rebalancing, which are essential in adapting to changing markets. In direct funds, you would need to manage these aspects on your own, which could lead to missed opportunities or unmanaged risk.

5. Suggested Mutual Fund Categories for Your Goal
Based on your three-year timeframe, the following categories may suit your risk-return expectations:

Hybrid or Balanced Funds: These funds mix equity and debt, giving a balanced risk profile. They aim for moderate returns with less volatility, which is favorable for short- to medium-term goals. This category can stabilize your portfolio without limiting growth.

Dynamic Asset Allocation Funds: These funds adjust their equity-debt allocation based on market conditions. By dynamically responding to market changes, these funds offer both growth potential and risk mitigation, making them suitable for three-year investments.

Debt Mutual Funds: If you prefer minimal risk, debt funds can be a suitable alternative. They invest in bonds and fixed-income instruments, generally providing more stable returns. Keep in mind, though, that debt funds may yield lower returns compared to equity but remain advantageous for safety-focused investments.

6. Portfolio Rebalancing and Periodic Reviews
Investing in mutual funds requires periodic reviews and rebalancing to keep the portfolio aligned with your goals. Reviewing the fund’s performance annually allows adjustments based on returns, market conditions, and any changes in your risk tolerance. A Certified Financial Planner can play a vital role here by managing rebalancing, enhancing tax efficiency, and providing advice tailored to your evolving needs.

7. Tax Implications and Efficient Withdrawals
Your mutual fund returns will be subject to capital gains tax based on the duration and type of fund:

Equity Funds: For equity funds, LTCG above Rs 1.25 lakh is taxed at 12.5%, while STCG is at 20%.

Debt Funds: Gains from debt funds are taxed as per your income slab, both for short- and long-term holdings. This taxation structure allows for tax-efficient planning and effective withdrawals.

By structuring your withdrawals and holding period, you can maximize post-tax returns, an important consideration for short-term growth.

8. Final Insights
Given your three-year timeframe and growth target, mutual funds are likely to provide higher returns with flexibility and control compared to continuing in the SBI Smart Privilege Life Plan. The fund flexibility, lower charges, and effective tax management options in mutual funds are strong advantages. Consulting a Certified Financial Planner will enable you to build a customized mutual fund portfolio with enhanced monitoring, rebalancing, and guidance that aligns with your goal. Moving funds from a high-cost ULIP structure to a targeted mutual fund portfolio may significantly improve your investment journey and results.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner

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

..Read more

Latest Questions
Ramalingam

Ramalingam Kalirajan  |7254 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Dec 11, 2024

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I have 20 lakhs in my account and a house in my name. At present I am not earning. I have taken SBI Life smart wealth builder with installment of 1Lakh, for 12 years and premium payment term of 7 years. Applicable tax rate is 18%. I also invested in MF and taken a health insurance. I am thinking if it would be wise to continue with the SBI life. If I close SBI life and invest that in MF will it be beneficial for me? I have taken a break from my career due to health issues, and planning to continue with my job soon with an expected income of 40-50k. I am 50 years old. I need to take care of my son's (18 years) higher studies and plan for my retirement.
Ans: You are in a transitional phase with important financial goals. Let’s assess your options to make informed decisions.

Assessing SBI Life Smart Wealth Builder Policy
High Cost of Policy: The policy includes administration charges, fund management fees, and taxes of 18%.

Limited Returns: ULIPs often provide lower returns compared to actively managed mutual funds.

Lock-in Period: Your policy locks funds, restricting liquidity for immediate goals.

Surrender Value: Check the surrender value. Early surrender might lead to penalties and reduced returns.

Potential Benefits of Investing in Mutual Funds
Higher Returns: Mutual funds, especially actively managed ones, often outperform ULIPs over time.

Flexibility: You can withdraw funds based on your needs, offering better liquidity.

Diversification: Mutual funds provide exposure to different asset classes, reducing risk.

Cost Efficiency: Investing through a Certified Financial Planner minimises hidden charges and optimises returns.

Managing Your Rs. 20 Lakh Corpus
Emergency Fund: Set aside Rs. 5-6 lakhs in liquid funds or fixed deposits for emergencies.

Education Planning: Allocate funds in short-term debt mutual funds or recurring deposits for your son’s higher studies.

Retirement Corpus: Invest the remaining amount in a mix of equity and debt mutual funds for long-term growth.

Health Insurance Adequacy: Review your existing health insurance to ensure sufficient coverage.

Planning Your Income Resumption
Once you resume work, save at least 20-30% of your income.

Prioritise retirement contributions alongside education planning.

Use surplus income to reduce financial dependency on investments.

Tax Efficiency
Mutual Funds: Equity mutual funds provide tax benefits but watch for LTCG above Rs. 1.25 lakh (taxed at 12.5%).

Surrendering ULIP: Check tax implications on surrender proceeds. ULIPs offer tax exemption if premiums don't exceed 10% of the sum assured.

Health Insurance: Claim Section 80D deductions for premiums paid.

Strategic Steps Forward
Review the policy surrender value. If penalties are high, consider continuing till break-even.

Consult with a Certified Financial Planner for a detailed portfolio review.

Set realistic timelines for education and retirement goals.

Maintain separate funds for short-term needs and long-term growth.

Finally
Your proactive approach will create a strong financial foundation. By reallocating your resources wisely, you can secure your son’s education and your retirement.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

Ramalingam

Ramalingam Kalirajan  |7254 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Dec 11, 2024

Asked by Anonymous - Dec 11, 2024Hindi
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Money
I am going to retire soon with retirement fund of 2 Cr along with pension sufficient for me and my spouse. I have own builder flat in Delhi and health coverage. I have one married daughter who is well settled with 2 kids under 5 years. One flat in my building is on sale for 2 Cr. I need advice for investment for 2Cr retirement fund . Should I buy the flat in my building or should I invest 2 Cr in senior citizen saving scheme, post office MIS , fixed deposit in Bank. My spouse of same age is also earning equally.
Ans: Retirement is a significant phase of life, and your financial decisions now will shape your future security and lifestyle. Let’s analyse your situation and investment choices.

Assessing Your Current Position
You have a retirement fund of Rs. 2 crore, which is substantial.

Your pension adequately covers your and your spouse’s living expenses.

Your spouse’s earnings provide an additional safety net.

You own a flat in Delhi and have health insurance coverage.

You have no immediate financial dependency, as your daughter is well-settled.

Should You Invest in Real Estate?
Avoid investing Rs. 2 crore in another flat, even if it is in your building.

Real estate offers low liquidity, making it harder to access funds in emergencies.

Rental income might not justify the high capital investment, considering property management costs and potential downtime.

Real estate lacks diversification compared to other investments, increasing risk.

Alternative Investment Options
1. Senior Citizen Savings Scheme (SCSS)
SCSS is a secure option offering fixed returns for retirees.

Invest up to the permissible limit for predictable and regular income.

It is a low-risk investment backed by the government.

2. Post Office Monthly Income Scheme (MIS)
Post Office MIS provides guaranteed monthly income.

It is another safe choice for retirees with capital preservation as a priority.

Returns, though lower, are steady and reliable.

3. Bank Fixed Deposits
Fixed deposits (FDs) offer fixed returns and flexible tenures.

Senior citizen FDs provide slightly higher interest rates.

Split the funds across different banks for better safety and liquidity.

4. Balanced Investment in Mutual Funds
Invest in a mix of debt and equity mutual funds for moderate growth and stability.

Actively managed funds through an MFD with a Certified Financial Planner can optimise returns.

Debt mutual funds provide stable returns while equity offers growth potential.

Avoid direct funds due to their complexity and the need for constant monitoring.

5. Liquid Funds and Emergency Reserve
Allocate a portion to liquid funds for quick access in emergencies.

These funds are more effective than savings accounts for parking surplus money.

Maintain an emergency reserve for at least 24 months of expenses.

6. Inflation-Protected Investments
Some funds and bonds are designed to protect against inflation erosion.

These investments ensure your purchasing power remains intact over time.

Tax Considerations
Plan investments to minimise tax liabilities under your income bracket.

Be aware of the latest tax rules on mutual funds and fixed deposits.

Capital gains from equity investments over Rs. 1.25 lakh are taxed at 12.5%.

Fixed deposit interest is taxed as per your income slab. Plan withdrawals accordingly.

Succession Planning and Gifting
Consider creating a detailed estate plan to avoid future legal hassles.

Set up nominations and update wills to ensure smooth wealth transfer.

You may gift small amounts to your daughter or grandchildren under tax-free limits.

Final Insights
Investing your Rs. 2 crore retirement fund wisely ensures peace of mind and financial stability. Opt for a diversified approach balancing safety, liquidity, and moderate growth. Avoid locking all funds into real estate to keep your portfolio flexible. Thoughtful planning now will safeguard your golden years and your family’s financial future.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

Kanchan

Kanchan Rai  |435 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Dec 11, 2024

Asked by Anonymous - Dec 11, 2024Hindi
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Relationship
Whenever I argue with my partner, it quickly escalates into something bigger than it should be. I don't express how much I love them, but I feel like our communication is breaking down. How can I improve this situation?
Ans: It’s clear that you deeply care about your partner and the health of your relationship, but recurring arguments and a lack of expressed love are creating a disconnect. To nurture love and clarity in your communication, it’s essential to create an emotional space where both of you feel safe, valued, and understood—even during disagreements.

When arguments arise, they often escalate because emotions are heightened, and both people feel the need to defend their perspective. To shift this dynamic, start by focusing on emotional regulation in those moments. Take a deep breath and remind yourself that you’re both on the same team, even if you see things differently. This small pause can prevent reactive words or actions that might escalate the conflict further.

Outside of conflicts, consider the daily emotional climate of your relationship. If love isn’t being expressed regularly, your partner may feel insecure or disconnected, which can intensify disagreements. Begin to nurture love by weaving simple but heartfelt expressions of care into your everyday interactions. This might be as simple as saying, “I appreciate you,” giving a warm hug, or acknowledging something they did, however small. These gestures build emotional reserves that make handling tough conversations easier because they remind both of you of the underlying bond.

When it comes to communication, try reframing the way you approach disagreements. Speak from your feelings rather than placing blame. For instance, instead of saying, “You’re not listening to me,” try, “I feel unheard, and it’s making me frustrated.” This subtle but powerful shift fosters understanding rather than defensiveness. Equally important is listening with an open mind. Practice reflecting back what your partner shares to show you’re truly hearing them. For example, “I hear that you’re upset because you feel I didn’t prioritize you—am I understanding that correctly?”

Love is nurtured in the moments between conflicts—through trust, small acts of kindness, and consistent emotional support. Reflect on what makes your partner feel loved and cherished, and intentionally incorporate those actions into your daily life. At the same time, share what you need emotionally so they understand how to nurture you too. This mutual exchange strengthens your connection and creates a deeper sense of partnership.

Finally, consider having a calm, heartfelt conversation about how you both want to handle conflicts and express love moving forward. Creating shared goals for your relationship can bring clarity and purpose, helping you both feel aligned. By approaching your relationship with patience, empathy, and intentional care, you can not only resolve current challenges but also nurture a love that feels steady, secure, and fulfilling.

...Read more

Ramalingam

Ramalingam Kalirajan  |7254 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Dec 11, 2024

Asked by Anonymous - Dec 11, 2024Hindi
Money
Hi, I am 33. A mom to a 5 months old. I have been working since I was 24 in education industry. I have accumulated a corpus of 1.4 cr ( solely mine) and a house registered jointly in my name and my husband's name. Now if I choose to be a stay at home mom for next 3 yrs. How much will my finances be affected? Could you please let me know.
Ans: Taking a career break for three years will have financial implications. Let us assess it from multiple perspectives to provide insights.

Income Loss Impact
Your current income will cease for three years, reducing your cash flow.

This pause might impact your future earning potential, depending on re-entry challenges in your industry.

Evaluate if your husband's income and your savings can sustain your family needs during this break.

Corpus Utilisation and Growth
A Rs. 1.4 crore corpus is commendable. Assess its current allocation for better optimisation.

If untouched, this corpus can grow significantly over three years through strategic investment.

Avoid dipping into the corpus unless absolutely necessary, as it can reduce future compounding benefits.

Household Budget Planning
Ensure your household expenses are managed within your husband’s income.

Create a detailed budget, listing mandatory expenses like EMIs, child needs, and lifestyle costs.

Plan for inflation while allocating funds for fixed expenses over the next three years.

Emergency Fund Importance
Maintain an emergency fund equivalent to at least 12 months' expenses.

Use a combination of fixed deposits and liquid funds for this purpose.

Avoid using your primary corpus as an emergency reserve.

Investment Portfolio Review
Review the current allocation of your Rs. 1.4 crore. Balance between equity and debt based on your goals.

Equity allocation can grow your wealth but keep debt for stability.

Invest in actively managed funds through a Certified Financial Planner to optimise returns.

Impact on Long-term Goals
Pausing your career may delay achieving some financial goals.

Align your current investments to meet goals like child education or retirement.

Regularly monitor the performance of your investments and adjust as required.

Tax Implications
Check the tax efficiency of your investments during the break.

Consider tax-saving instruments to reduce liability on your husband’s income.

Be aware of the latest tax rules on mutual fund capital gains.

Insurance and Contingency Planning
Review health and term insurance for adequate coverage for your family.

Ensure your husband is adequately covered with term insurance since he will be the sole earner.

Plan for additional medical expenses associated with child care during this time.

Re-Entry Considerations
Stay updated with industry trends to ensure a smooth return to work after three years.

Enhance skills during the break, if possible, to make re-entry easier and impactful.

Consider part-time or freelance work during the break to keep connected with the profession.

Finally
Taking a break to focus on motherhood is a beautiful choice. Planning carefully will ensure your finances remain stable during this period. With a structured approach, you can balance your family needs and long-term financial goals seamlessly.

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.

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