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Ramalingam Kalirajan  |5092 Answers  |Ask -

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

Ramalingam Kalirajan has over 23 years of experience in mutual funds and financial planning.
He has an MBA in finance from the University of Madras and is a certified financial planner.
He is the director and chief financial planner at Holistic Investment, a Chennai-based firm that offers financial planning and wealth management advice.... more
Savendra Question by Savendra on Apr 13, 2024Hindi

I have target to earn 15 crore in next 10 yrs, currently am doing job in private organisation, I know that doing a job in private organisation cannot go up to 15 cr target in 10 yrs. Pl do advise me the options.

Ans: Achieving a target of 15 crores in 10 years is ambitious and requires a combination of disciplined saving, strategic investing, and potentially exploring additional income streams beyond your job. Here are some options to consider:

Investing: Increase your investments in equity-oriented assets like mutual funds, stocks, or ETFs that have the potential for higher returns over the long term. Diversify across asset classes to manage risk.
Real Estate: Consider investing in real estate properties that can generate rental income or appreciate in value over time. Real estate investments can diversify your portfolio and provide inflation-adjusted returns.
Entrepreneurship: Start a side business or venture that has growth potential. This could be a tech startup, consulting business, or any other venture aligned with your skills and interests.
Stock Market: Actively trade or invest in the stock market to capitalize on short-term market movements. However, this comes with higher risk and requires expertise or professional guidance.
Alternative Investments: Explore alternative investment options like commodities, private equity, or venture capital funds that offer higher returns but come with higher risk and longer lock-in periods.
Career Growth: Focus on career advancement opportunities, certifications, or skill development that can lead to higher-paying roles or promotions in your current job or a new organization.
Financial Planning: Consult a Certified Financial Planner to create a customized financial plan tailored to your goal of achieving 15 crores in 10 years. They can help you optimize your investment strategy, manage risks, and monitor progress towards your goal.
Tax Planning: Efficient tax planning can help maximize your after-tax returns and accelerate wealth accumulation. Utilize tax-saving investment options like ELSS mutual funds, PPF, NPS, or tax-free bonds.
Leverage: Consider using leverage or borrowing to invest in assets that have the potential for higher returns. However, be cautious as leverage increases risk and requires careful management.
Discipline and Patience: Achieving such a significant financial goal requires discipline, patience, and a long-term perspective. Stay committed to your goal, regularly review and adjust your investment strategy as needed, and avoid making impulsive financial decisions.
Remember, achieving a target of 15 crores in 10 years is challenging and requires careful planning, disciplined saving, strategic investing, and potentially exploring additional income streams. Consult a Certified Financial Planner for personalized advice and guidance tailored to your specific financial situation, goals, and risk tolerance.
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 Kalirajan  |5092 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 20, 2024

Asked by Anonymous - May 15, 2024Hindi
I am 28 year old earning 1.2 lakhs per month. Started my first job and earning. Please suggest me how can I make 5 crore in the next 15 years. Not started any investment yet.
Ans: Building a Wealth Corpus of ?5 Crore in 15 Years
Understanding Your Goal
Congratulations on starting your first job and thinking about your financial future. Accumulating ?5 crore in 15 years is an ambitious yet achievable goal with disciplined investing.

Setting a Clear Plan
Since you earn ?1.2 lakhs per month, you have a significant opportunity to save and invest a substantial portion of your income. Let's break down how to approach this goal.

Emergency Fund
Before you begin investing, build an emergency fund. Save at least six months’ worth of expenses. This fund should be kept in a liquid savings account or short-term fixed deposits for easy access.

Systematic Investment Plan (SIP) in Mutual Funds
SIP is a disciplined approach to investing in mutual funds. It helps in averaging out the cost and reduces the impact of market volatility.

1. Equity Mutual Funds
Investing in equity mutual funds can offer high returns over the long term. Allocate a significant portion of your investments here.

Large-Cap Funds: These funds invest in established companies with a stable performance record.

Mid-Cap Funds: These funds have higher growth potential but come with slightly higher risk.

Small-Cap Funds: These funds offer high returns but are more volatile. Invest a smaller portion here.

2. ELSS Funds
Equity Linked Savings Scheme (ELSS) funds offer tax benefits under Section 80C and have a lock-in period of three years. They can be a good addition to your portfolio.

Public Provident Fund (PPF)
PPF is a safe and tax-efficient investment option. It offers good returns with tax benefits under Section 80C. Although it has a lock-in period of 15 years, the safety and tax benefits make it a good long-term investment.

National Pension System (NPS)
NPS is a government-backed retirement savings scheme. It offers tax benefits and a disciplined approach to retirement savings. It is a good way to ensure a steady income post-retirement.

Direct equity investment can provide substantial returns but comes with higher risks. Start small and gradually increase your investments as you gain experience. Focus on fundamentally strong companies with long-term growth potential.

Gold can act as a hedge against inflation. Invest in gold bonds or gold ETFs instead of physical gold. Allocate a smaller portion of your investments here.

Monthly Investment Plan
Since you aim to accumulate ?5 crore, you need to invest a significant portion of your income. Considering you can save ?50,000 to ?60,000 per month, allocate your investments as follows:

Equity Mutual Funds (Large-Cap, Mid-Cap, Small-Cap): ?30,000

ELSS Funds: ?10,000

PPF: ?5,000

NPS: ?5,000

Stocks: ?5,000

Gold: ?5,000

Regular Monitoring and Review
Regularly monitor your investment portfolio. Review your investments every six months to ensure they align with your goals. Adjust allocations based on performance and changes in your financial situation.

Financial Discipline and Learning
Maintain financial discipline by sticking to your investment plan. Continuously educate yourself about personal finance and investments. Consider consulting with a Certified Financial Planner (CFP) to get personalized advice.

By starting early and investing wisely, you can build a substantial corpus for your financial goals. Diversify your investments across mutual funds, PPF, NPS, stocks, and gold. Maintain financial discipline and review your portfolio regularly to stay on track.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,


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Ramalingam Kalirajan  |5092 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 06, 2024

I'm 33 years old, working with private company, 1 kid girl, current salary 50k per month. Please give your suggestions to get 2 crore in 15 years
Ans: At 33 years old, working in a private company, and with a monthly salary of Rs 50,000, you have a great opportunity to build a substantial financial future. Your goal of accumulating Rs 2 crore in 15 years is ambitious but achievable with the right strategy. Let’s break it down step by step.

Understanding Your Current Financial Situation
Age: 33 years

Monthly Salary: Rs 50,000

Family: One daughter

Setting Clear Financial Goals
Reaching Rs 2 crore in 15 years requires disciplined saving and smart investing. The main strategies will involve:

Investing in Mutual Funds
Maintaining a Balanced Portfolio
Regular Review and Rebalancing
Why Mutual Funds?
Mutual funds are an excellent way to grow your wealth due to their potential for high returns, diversification, and professional management.

Advantages of Mutual Funds:

Diversification: Spreads your investment across various sectors and assets.
Professional Management: Managed by financial experts.
Higher Returns: Potential for higher returns compared to traditional savings options.
Flexibility: Various types of funds to match your risk tolerance and goals.
Disadvantages of Index Funds
Index funds track market indices and are passively managed. However, actively managed funds often outperform them by taking advantage of market opportunities.


No Active Management: Can miss out on potential market gains.
Tracking Errors: May not perfectly track the index.
Limited Flexibility: Cannot adapt to changing market conditions.
The Power of Compounding
One of the key benefits of investing in mutual funds is the power of compounding. This means your returns generate more returns over time, leading to exponential growth.

Categories of Mutual Funds
Equity Mutual Funds:

Pros: High growth potential, suitable for long-term goals.
Cons: Market risk, requires patience.
Debt Mutual Funds:

Pros: Stability, lower risk.
Cons: Lower returns compared to equities.
Balanced Funds:

Pros: Combines equity and debt, balanced risk and return.
Cons: Moderate growth, less aggressive than pure equity funds.
Creating a Balanced Portfolio
To reach your Rs 2 crore goal, you need a balanced portfolio. Here’s a suggested allocation:

Equity Funds:

Allocate around 70-80% of your investments to equity funds. This will drive growth and help you achieve your long-term goal.

Debt Funds:

Allocate around 20-30% to debt funds. This will provide stability and reduce overall portfolio risk.

Steps to Achieve Your Goal
Step 1: Calculate Monthly Investment Amount
Determine how much you need to invest each month to reach Rs 2 crore in 15 years. A Certified Financial Planner can help with precise calculations.

Step 2: Start SIPs in Mutual Funds
Systematic Investment Plans (SIPs) in mutual funds are a disciplined way to invest regularly. Choose funds that match your risk tolerance and goals.

Step 3: Increase SIP Amount Annually
Increase your SIP amount each year to match inflation and salary hikes. This ensures your investment keeps growing in real terms.

Step 4: Regularly Review and Rebalance
Monitor your portfolio and rebalance annually. This keeps your investment aligned with your goals and risk profile.

It's commendable that you're planning for your financial future at 33. Your dedication to securing your daughter's future is admirable. Balancing work, family, and investments shows great foresight and maturity.

Aligning Investments with Goals
Aligning your investments with your long-term goals is crucial. Let’s dive into how to manage and optimize your investments.

Equity Mutual Funds
Growth Potential: Equity mutual funds have the potential to deliver high returns. Over a long period, they can significantly increase your wealth.

Diversification: Invest in funds that cover different sectors and geographies. This spreads risk and captures growth from various parts of the economy.

Active Management: Choose actively managed funds to take advantage of market opportunities and achieve better returns.

Debt Mutual Funds
Stability and Income: Debt funds provide regular income and stability to your portfolio. They are less volatile than equity funds.

Risk Management: Including debt funds in your portfolio reduces overall risk. This is essential for achieving long-term financial goals.

Maintaining an Emergency Fund
Before investing heavily, ensure you have an emergency fund. This fund should cover at least 6 months of your expenses and be kept in a liquid asset like a savings account or liquid mutual funds.

Insurance Coverage
Term Insurance: Secure adequate term insurance coverage to protect your family in case of unforeseen events. The coverage should be at least 10-15 times your annual income.

Health Insurance: Comprehensive health insurance for your family is essential. It covers medical expenses and safeguards your savings.

Education Fund for Your Daughter
Starting an education fund for your daughter is a great idea. Use equity mutual funds for long-term growth and achieve this goal.

Retirement Planning
While your current goal is Rs 2 crore in 15 years, also think about your retirement. Continue investing even after achieving this milestone to ensure a comfortable retirement.

Professional Advice
Regular consultations with a Certified Financial Planner can help you stay on track. They provide personalized advice and adjustments based on your changing needs.

Final Insights
Achieving Rs 2 crore in 15 years is a challenging but achievable goal. By investing in mutual funds, maintaining a balanced portfolio, and regularly reviewing your investments, you can reach this milestone. Your foresight and dedication to your family's future are truly inspiring.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,


..Read more

Latest Questions
Nayagam P

Nayagam P P  |2230 Answers  |Ask -

Career Counsellor - Answered on Jul 21, 2024

Asked by Anonymous - Jul 20, 2024Hindi
Sir, i have completed my bachelors (BCA) in India in an engineering college and wishes to pursue my masters in a foreign country.My family is'nt well off so iam looking into schlorships.can you suggest some courses with good scope. Also which countries are best for IT field that provide great schlorship oppurtunities.
Ans: As far as Scholarships for Abroad Universities are concerned, you should have good scores from the entrance tests (whichever will be applicable according to the University's admission criteria), good past academic records, your extra and co-curricular activities, additional certifications, your Statement of Purpose (SOP), Letter of Recommendation etc. Those who have gained work experience of a minimum 2-3 years after graduation get preference in admission.

And most of the Universities do not provide 100% scholarships. You will have to bear some expenses (depends upon which University / College you get admission into & what all expenses only it will cover?) .

As you have mentioned that your parents NOT well-off financially, it is suggested to work for 2-3 years, earn some money and also gain work experience, then go for further education abroad.

Before approaching any Professional Abroad Education Consultant, do a thorough research about the Countries/Universities/Programs, shortlist those which you think will be most suitable, apply to 5-6 top Univerities offering Scholarships and finalize one best University/College for you.

All the BEST for Your Bright Future.

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.


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