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Ramalingam

Ramalingam Kalirajan  |6978 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Oct 08, 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
Asked by Anonymous - Oct 08, 2024Hindi
Money

I am Working as central government employee. I am married and have no children. My wife is a home maker. I am sharing comprehensive details about my investments in various mutual funds for your review. In addition to the mutual funds, here is a summary of my current financial situation: Recurring Deposits: I have bank recurring deposits totaling approximately ?8 lakhs. Income and Expenditure: Monthly Net Income: ?95,000 (after TDS, NPS and other deductions) Monthly Expenditure: My monthly expenses range from ?45,000 to ?50,000. This amount does not include the EMI for my land investment. NPS Contribution: Monthly Contribution: ?22,000 (This includes both employee and employer contributions.) Current NPS Holdings: ?21 lakhs I have recently transitioned my NPS fund management to HDFC Pension Management Company which has following allocation: Equity: 49.64% Corporate Debts: 30.21% Government Securities: 20.15% Real Estate: Co-own a land for which I have availed loan from bank with EMI of Rs. ?19,000 per month Insurance: Have term insurance of Rs. 1cr, (I am planning increase cover to 2 Cr.) Family is covered under Central Government Health Scheme (CGHS) which is reimbursement type facility (not cashless). MUTUAL FUND PORTFOLIO MFs where SIPs are discontinued 1. Axis ELSS Tax Saver Fund- Invested lump sum Rs. 75,000/- in Feb & March 2020 2. Canara Rebeco ELSS Tax Saver Fund- Currently invested Rs. 53,000-/- 3. Mirrae Asset ELLS Tax Saver Fund- Invested lump sum Rs. 75,000/- in Feb & March 2021 4. Parag Parekh ELSS: - Currently invested Rs. 1,05,000/- 5. Canara Rebeco Bluechip Equity Fund- Currently invested Rs. 87,000/- (due lack of knowledge and chasing top performer, I have ended up in investing various ELSS fund) MFs where SIPs are continued 1. Quant ELSS- Rs. 5,000/- PM 2. Parag Parikh Flexi Cap- Rs. 3,000/- PM (chose this fund as better alternative of Large cap fund) 3. Quant Small Cap- Rs. 3,000/- PM- (started SIP for exposure to Small Cap) 4. Kotak Emerging Equity- Rs. 3,000/- PM (started SIP for exposure to Mid Cap) 5. Tata Nifty Midcap 150 Momentum 50 – Rs. 3,000/- PM (started SIP for exposure to Mid Cap) As on date, portfolio distribution as Debt- 5.17 % Other- 3.80% Equity- 90.98 % (of total equity 69.80 % in L-Cap, 16.53 in M-Cap and 13.66 in S-Cap) I would appreciate your detailed review of my portfolio and financial condition. Specifically, I am looking for insights into the following areas: • Should I redeem my funds in which SIPs are discontinued which would attract LTCG or should I just continue to hold them? • I have now started to rebalance my portfolio and aim to have distribution of my equity as 50-55% in Large CAP, 35-30% in Mid Cap and 15-20% in Small Cap. Is this a good approach to achieve good return? • I haven’t invested in any debt fund because I have RDs of 8 lakh, which I think, act like both fixed income asset and emergency fund. Is my understanding correct? Or should I invest in some debt fund (pure debt fund or hybrid fund)? • Should I take exposure to international funds and gold funds? • Any recommendations for optimizing my mutual fund portfolio for better performance. Thanks.

Ans: You have done well in diversifying your investments. Your portfolio has a good balance between equity, fixed income (recurring deposits), and NPS contributions. Let's discuss specific aspects of your situation to further optimize your portfolio.

Mutual Fund Portfolio Review
Discontinued SIPs: ELSS Funds

You have several discontinued SIPs in ELSS funds. ELSS funds offer tax benefits but come with a three-year lock-in period. Since these funds are no longer in your active SIP portfolio, consider the following:
Tax Impact: Redeeming these funds will attract long-term capital gains (LTCG) tax. For gains above Rs 1.25 lakh, LTCG is taxed at 12.5%. You should evaluate the taxable impact before redeeming. If the LTCG is substantial, staggering withdrawals across financial years could help minimize tax liabilities.
Performance Monitoring: Review the performance of these funds. If they’re underperforming compared to other ELSS or diversified funds, it might be better to exit. On the other hand, if these funds are delivering good returns, you could hold them for more growth.
Redemption Timing: Since these are tax-saving funds, check the lock-in period status. If the lock-in period is over and the fund’s performance isn’t aligned with your goals, you can consider redeeming them.
Active SIPs: Small, Mid, and Flexi Cap Funds

You have active SIPs in small-cap, mid-cap, and flexi-cap funds. Your strategy to diversify across different market caps is sound, but it's important to monitor:
Market Volatility: Small and mid-cap funds tend to be more volatile. While they can offer higher returns, they are also riskier. Having a balanced exposure across large, mid, and small caps helps manage risks.
Fund Performance: Keep an eye on the performance of your small and mid-cap funds. Ensure that they are consistently performing well against their respective benchmarks.
Review Flexi-Cap Allocation: Flexi-cap funds provide the flexibility to invest across market caps. It’s good that you have exposure to a flexi-cap fund as it adds diversification. Make sure your flexi-cap fund has a strong track record of managing market volatility.
Portfolio Rebalancing: Target Allocation Review
You aim to have a portfolio distribution of 50-55% in large-cap, 30-35% in mid-cap, and 15-20% in small-cap. This is a prudent strategy, especially for wealth accumulation over the long term. Here’s an assessment:
Large-Cap Focus: Large-cap stocks provide stability and lower risk. Targeting 50-55% in large-cap will help cushion the volatility from mid and small-cap investments.
Mid and Small-Cap Allocation: Your exposure to mid and small caps is within a reasonable range. Mid-cap funds can offer a balance of growth and risk, while small-cap funds, though riskier, have the potential for higher returns in the long run.
Ongoing Rebalancing: It’s important to rebalance your portfolio periodically to maintain this allocation, especially during market movements. You can do this by adjusting your SIP amounts or making lump-sum investments in under-allocated segments.
Debt Investment: Role of Recurring Deposits
You have Rs 8 lakhs in recurring deposits (RDs), which act as your fixed-income investment. While RDs are safe, they may not offer the best returns over time. Here’s a detailed view:
Fixed-Income Component: RDs are a good tool for regular savings but may not keep up with inflation. They are better suited for short-term goals or an emergency fund. The return on RDs is usually lower compared to debt mutual funds.
Debt Fund vs RD: A well-diversified portfolio should have some allocation to debt mutual funds, as they tend to offer better post-tax returns than RDs, especially in higher tax brackets. You can consider allocating a portion of your RDs into debt funds, which provide liquidity, tax efficiency, and better returns over the long term.
Hybrid Funds: You could also consider hybrid funds if you want a mix of equity and debt exposure. These funds offer a balance between growth (through equity) and stability (through debt).
International and Gold Fund Exposure
International Funds: Diversifying into international markets can be beneficial, especially for long-term investors. International funds give you exposure to global companies that may not be available in the Indian market. Moreover, they act as a hedge against rupee depreciation. Allocating 5-10% of your portfolio to international funds can enhance diversification.

Currency Risk: Keep in mind that international funds are exposed to currency fluctuations. However, over a long investment horizon, the benefits usually outweigh the risks.
Fund Selection: If you decide to invest in international funds, focus on regions or countries that have strong growth potential or sectors like technology, which are underrepresented in Indian markets.
Gold Funds: Gold is traditionally seen as a safe haven during economic uncertainties. It can serve as a hedge against inflation and market volatility.

Gold Allocation: You could allocate around 5-10% of your portfolio to gold. However, avoid over-exposure, as gold doesn’t generate income and its returns are typically lower over the long term compared to equities.
Investment Routes: Instead of gold mutual funds, you might also consider Sovereign Gold Bonds (SGBs) which offer the benefit of interest payments and tax-free capital gains if held till maturity.
NPS Contribution and Pension Management
You are contributing Rs 22,000 per month to NPS, with a current corpus of Rs 21 lakhs. Your asset allocation within NPS is spread across equity, corporate debt, and government securities.
Equity Allocation: At 49.64%, your equity exposure within NPS is well-placed for growth. As a long-term investor, equity will help build your corpus.
Debt Allocation: The combined 50.36% allocation in corporate debt and government securities provides stability and reduces risk. This balanced allocation ensures that your retirement savings are protected from market volatility.
HDFC Pension Management: Keep reviewing the performance of your pension fund manager. NPS allows you to switch fund managers once a year if needed, so ensure that your chosen manager is delivering competitive returns compared to peers.
Insurance Coverage: Term Plan
Your current term insurance of Rs 1 crore is good, but you’re planning to increase it to Rs 2 crore. This is a wise move as it will better protect your family’s financial future.
Life Cover Adequacy: As a rule of thumb, your term insurance cover should be at least 10-12 times your annual income. Given your monthly income of Rs 95,000, a Rs 2 crore cover will provide ample security for your family in case of an untimely event.
Health Insurance: Since you’re covered under the Central Government Health Scheme (CGHS), which is a reimbursement type facility, it provides a reliable safety net for medical expenses.
Recommendations for Portfolio Optimization
Simplify ELSS Exposure: You have invested in multiple ELSS funds. To optimize your portfolio, consider consolidating your ELSS investments into one or two high-performing funds. This will make your portfolio easier to manage and track.

Continue with Mid and Small Cap Allocation: Your current allocation to mid-cap and small-cap funds seems balanced. Ensure that these funds are delivering competitive returns compared to their benchmarks.

Debt Fund Introduction: Consider introducing a debt mutual fund for better tax efficiency and returns compared to recurring deposits. You can start with a conservative or dynamic bond fund, depending on your risk appetite.

Monitor Regularly: Keep reviewing your mutual funds’ performance. Look at how they perform against their benchmarks and peer funds. If a fund consistently underperforms, consider switching.

Diversify Globally: Allocating 5-10% of your portfolio to international funds will add global diversification and reduce geographical risk. Stick to markets or sectors with strong growth potential.

Gold as a Hedge: Add 5-10% of gold exposure for portfolio stability. Sovereign Gold Bonds (SGBs) are a tax-efficient and reliable option.

Final Insights
Your overall financial situation is sound with a good mix of equity, fixed-income, and real estate investments.

Consider consolidating your ELSS portfolio and introducing debt funds for better returns and risk management.

Adding international funds and a small allocation to gold will enhance diversification and protect against currency fluctuations and inflation.

Continue monitoring and rebalancing your portfolio periodically to ensure you stay on track with your financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment
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  |6978 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 25, 2024

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Dear Sir/Madam, I hope this message finds you well. As the sole earning member of my family, I am 41 years old and responsible for supporting my family of five. Here are the details of my financial situation: Income and Expenses: Monthly salary income: ?1.10 lakhs. Monthly expenses: Rent (?35,000) and household expenses (?50,000). Insurance and Loans: ICICI Lombard term insurance: Coverage of ?50 lakhs with an annual premium of ?9,700. Mediclaim for my mother: Coverage of ?1 lakh with an annual premium of ?13,000. Family mediclaim: Coverage of ?2 lakhs with an annual premium of ?6,700. Loan from LIC: ?2 lakhs. Savings and Investments: PPF savings: ?80,000. Endowment policies with an annual premium of ?24,000. SIP investments in the following mutual funds: Aditya Birla Sun Life Pure Value Fund (G): ?1,000/month. Bandhan Sterling Value Fund - Regular Plan (G): ?1,000/month. DSP Flexi Cap Fund - Regular Plan (G): ?1,000/month. HDFC Mid-Cap Opportunities Fund (G): ?1,500/month. Considering this details do help me to design my portfolio for corpus of around 10crores in next 20 years.
Ans: Age: 41 years
Family: Five members
Monthly Salary: Rs 1.10 lakhs
Monthly Expenses: Rs 85,000 (Rent: Rs 35,000; Household expenses: Rs 50,000)
Insurance and Loans:
ICICI Lombard term insurance: Rs 50 lakhs (annual premium: Rs 9,700)
Mediclaim for mother: Rs 1 lakh (annual premium: Rs 13,000)
Family mediclaim: Rs 2 lakhs (annual premium: Rs 6,700)
Loan from LIC: Rs 2 lakhs
Savings and Investments:
PPF savings: Rs 80,000
Endowment policies: Annual premium Rs 24,000
SIP investments: Rs 4,500/month
Financial Planning Goals
Retirement Corpus: Rs 10 crores in 20 years
Insurance Coverage: Adequate protection for family
Debt Management: Efficiently manage and repay loans
Wealth Creation: Strategic investment for growth
Step-by-Step Financial Plan
1. Review and Enhance Insurance Coverage

Term Insurance: Ensure coverage is at least 10-15 times your annual income
Health Insurance: Increase coverage for family to Rs 5 lakhs
Mediclaim for Mother: Increase coverage to Rs 5 lakhs
2. Create an Emergency Fund

Amount: 6-12 months of expenses
Investment: High-interest savings account or short-term FDs
3. Debt Management

LIC Loan: Prioritize repaying the Rs 2 lakhs loan
Avoid New Loans: Focus on managing current debts
4. Increase SIP Investments

Existing SIPs

Aditya Birla Sun Life Pure Value Fund
Bandhan Sterling Value Fund
DSP Flexi Cap Fund
HDFC Mid-Cap Opportunities Fund
Strategy

Increase Contributions: Gradually increase SIP amount by 10% annually
Diversify: Add more funds for balanced growth and risk management
5. Public Provident Fund (PPF)

Contribution: Continue investing in PPF for tax benefits
Increase Investment: Aim to contribute the maximum limit of Rs 1.5 lakhs per year
6. Endowment Policies

Evaluate Performance: Assess the returns and benefits
Consider Alternatives: If underperforming, consult a Certified Financial Planner for better options
7. Additional Investment Options

Mutual Funds

Equity Funds: For long-term growth
Debt Funds: For stability and regular income
National Pension System (NPS)

Contribution: Invest in NPS for additional retirement corpus
Benefit: Tax benefits under Section 80C and 80CCD
8. Regular Monitoring and Review

Review Portfolio: Regularly review and adjust your investments
Rebalance: Ensure your portfolio aligns with your risk tolerance and goals
Disadvantages of Index Funds
Limited Flexibility

Tracking: Index funds strictly follow market indices
Drawback: Lack of active management to adapt to market changes
Lower Returns

Potential: Actively managed funds can outperform index funds
Disadvantages of Direct Funds
Lack of Guidance

Direct Funds: No professional advice
Benefit of Regular Funds: Access to Certified Financial Planner for personalized advice
Convenience

Ease: Investing through Certified Financial Planner offers better management and oversight
Final Insights
Start Early: The sooner you start, the better
Diversify: Spread investments across different asset classes
Consult a CFP: Professional advice ensures a comprehensive plan
Review Regularly: Adjust your plan as needed to stay on track
Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |6978 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 15, 2024

Asked by Anonymous - Jul 15, 2024Hindi
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Good day Sir, I am 37 years old, I own a 2 bhk house in panvel and car which is debt free. Currently I do not have any ongoing loan. I am a seafarer , I sail for around 7 months on ships and 5 months on land, while on land I do not have any income. My salary package is 65 lakhs/year. My investments are as below. I wish to be invested in LIC for 15 years till the maturity date. LIC FAMILY PLAN - Investment started in Au2024 - with quaterly plan total of 57700/quater 1. LIC JEEVAN LABH 836 SELF 2. LIC JEEVAN LABH 836 WIFE 3.LIC JEEVAN TARUN -834 1ST CHILD 4. LIC JEEVAN TARUN - 834 2ND CHILD Above is for 15 years for self and wife and for children it is 20 years maturity date. Mutual funds - Planning to be invested only for 10 years. 1.HDFC LIFE SAMPOORN NIVESH-HEFC FLEXI CAP FUND , TAKEN FOR SLEF -INVESTING 2.0LAKHS/YEAR FOR 5 YEARS., INVESTMENT STARTED IN JAN 2024, WITH 5 YEARS LOCKIN PERIOD. 2. MAX LIFE NIFTY SMALLCAP QUALITY INDEX FUND. TAKEN FOR WIFE. INVESTED 2.0 LAKHS/ YEAR INVESTED IN JAN 2024 WITH 5 YEARS OF LOCKIN PERIOD. 3.SBI CONTRA FUND REGULAR GROWTH - LUMPSUM , INVESTED 50K IM DEC 2023. SIP's Planning to be invested for 10 to 15 years 1.Kotak small cap fund 2500/ month 2.axis bluecip fund 2500/ month 3.Edelwesis mid cap fund 2500/ month 4.Canara MF 2500/Month 5.ICICI Prudential INDIA opportunities fund 2500/ month 6.ICICI Prudential Blue chip fund 2000/month 7.Tata small cap fund 3000/ month 8 Tata ethical fund regular plan growth 5000/month.. 9.SBI large and midcap regular growth 800/ week 10.SBI small cap fund direct growth 10000/month 11.SBI Automative opportunities fund dire t plan growth 5000/ month. Sharemarket Parga parek 50k INR shares. Crypto- 1 lakhs investment. Request you to reveiw my investment, I am planning to have a corpus of 10 crore till i retire, which i will be planning till the age of 45 to 50 years. I have 2 son, current age are 7 years and 5 years. Also want to build a good corpus for there education. Also in next 2 years i will be planning to build emergency funds around 10 lakhs, and that i wish to park in liquid funds, so i will be able to get some minimum growth. I also have mediclaim of 40k per year for my family. Term plan for 2 cr. As per my retirment planning is the above investment enough to grow 10cr in next 13 years. Thanks and warm regards Ramiz
Ans: Hello Ramiz,

It's great to see your detailed investment strategy. You have made significant strides in planning for your future and your family. Your current investment portfolio is diverse and well-structured. Given your goal of accumulating a corpus of Rs 10 crore by the age of 50, let's review your investments to ensure they align with your objectives.

Current Investment Overview
Life Insurance Policies
You have invested in several LIC plans for yourself, your wife, and your children. While LIC policies provide financial security and maturity benefits, they often offer lower returns compared to other investment avenues.

Mutual Funds
Your mutual fund investments are a mix of equity and hybrid funds, with a focus on long-term growth. This is a good approach as equity mutual funds tend to provide higher returns over the long term.

Systematic Investment Plans (SIPs)
Your SIPs are spread across various fund categories, including small cap, mid cap, and blue chip funds. This diversification helps mitigate risk while aiming for significant returns.

Stock Market and Cryptocurrencies
Investing in the stock market and cryptocurrencies adds another layer of diversification. However, these investments come with higher volatility and risk.

Emergency Fund and Insurance
Planning to build an emergency fund of Rs 10 lakhs in liquid funds is wise. Your mediclaim policy and term plan ensure financial protection for your family.

Review and Recommendations
Life Insurance Policies
LIC policies are secure but may not offer the best returns for wealth creation. Considering the lock-in period and the lower returns, you might want to reassess these investments.

Consider Surrendering Policies: You could surrender some LIC policies and reinvest the proceeds into mutual funds or SIPs with higher growth potential. This can accelerate your corpus building.
Mutual Funds
Your mutual fund investments are generally well-chosen. However, let's focus on maximizing their potential.

Actively Managed Funds Over Index Funds: Actively managed funds have the potential to outperform the market, unlike index funds which mirror market performance. Your mutual funds should remain actively managed to benefit from professional expertise and potential higher returns.

Regular Plans Over Direct Funds: Regular plans offer access to professional advice through Certified Financial Planners (CFP), which can be beneficial for making informed decisions and navigating market complexities.

SIPs
Your SIP investments are well-diversified, which is excellent for balancing risk and return. Here are some additional thoughts:

Continue Diversification: Your SIPs in small cap, mid cap, and blue chip funds ensure a balanced risk profile. Continue this strategy to maintain growth and stability.

Review Performance Regularly: Keep an eye on the performance of your SIPs and make adjustments as needed. This ensures your investments stay aligned with market conditions and your goals.

Stock Market and Cryptocurrencies
While these are high-risk investments, they can yield high returns. Here's how to approach them:

Limit Exposure: Given their volatility, limit your exposure to stocks and cryptocurrencies to a small percentage of your overall portfolio. This will protect your capital while allowing for potential growth.

Stay Informed: Keep abreast of market trends and news related to your stock and crypto investments. This will help you make timely decisions and mitigate risks.

Emergency Fund
Building an emergency fund in liquid funds is a sound strategy. Liquid funds provide easy access to your money and offer some returns.

Regular Contributions: Make regular contributions to your emergency fund until you reach your Rs 10 lakhs goal. This disciplined approach ensures you are prepared for any financial contingencies.
Insurance
Your current insurance coverage seems adequate. The mediclaim policy and term plan provide necessary financial protection.

Review Coverage: Periodically review your insurance coverage to ensure it meets your family’s needs. Adjust the coverage if necessary to keep pace with inflation and changing life circumstances.
Planning for Children's Education
Building a corpus for your children's education is crucial. Here are some strategies:

Invest in Child-specific Plans: Consider child education plans that offer a mix of equity and debt. These plans are designed to provide significant returns over the long term and ensure funds are available when needed.

Regular Investments: Continue regular investments in SIPs and mutual funds. This will help grow the education corpus systematically.

Consider Education Loans: If required, education loans can supplement your savings and ensure your children receive the best education without financial strain.

Achieving the Rs 10 Crore Goal
To reach your goal of Rs 10 crore by the age of 50, focus on the following strategies:

Increase Investment Amounts
Boost SIP Contributions: Gradually increase your SIP contributions as your income grows. This can significantly enhance your corpus over time.
Optimize Portfolio Returns
High-growth Investments: Allocate a portion of your portfolio to high-growth investments like mid-cap and small-cap funds. These have the potential to offer higher returns.
Monitor and Rebalance
Regular Review: Conduct regular reviews of your investment portfolio. Rebalance it periodically to ensure it remains aligned with your goals and risk tolerance.
Tax Planning
Utilize Tax-saving Instruments: Invest in tax-saving instruments like ELSS (Equity Linked Savings Scheme) to reduce your tax liability and increase your effective returns.

Tax-efficient Withdrawals: Plan your withdrawals in a tax-efficient manner to maximize the amount available for your goals.

Final Insights
Your current investment strategy is robust and well-diversified. By making a few adjustments, you can optimize your portfolio to achieve your financial goals. Focus on high-growth investments, regularly review your portfolio, and ensure your insurance coverage is adequate. With disciplined investing and strategic planning, you are well on your way to achieving your Rs 10 crore target and securing your family’s future.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |6978 Answers  |Ask -

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

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Dear Ramalingam Kalirajan Sir, First of all I am very thankful to you for your prompt response and valueable advice. Sir this was my first question so I couldn't elaborate some main aspects properly. Due to this i am writing this follow up question. I would be thankful to you for your patience to read the long question and appropriate reply. Sir, as told in my previous question, I started earning with Central Govt since the age 18 in 2006 with a meagre salary of 5400 per month. I had dependents at that time in my family my widow mother and a four years younger to me sister. I managed my sister expenses of studies as well as her marriage in 2018. Now, she is working at London UK and in case of emergency for me she intend to help me financially with atleast 8-10 Lakhs. So coming back to my main financial status, I am currently earning Rs 90000 a month and intends to retire in June 2026 after serving for 20 years with a likely corpus of 50 Lakh and a monthly pension of Rs 30000 which will be linked with Central govt dearness relief and will get increased as and when DA is revised. On a maximum I require 20 Lakhs for house repair and will be left with an amount of 30 Lakhs. My current mutual fund holdings are as follows :- Axis Bluechip Fund - SIP 1000 PM current value 70000 Axis Mid Cap Fund - SIP 1500 PM current value - 64000 Nippon India Multicap Fund - SIP 550 per month current value 21000 SBI Nifty SMALL cap index fund - SIP 2000 per month current value - 29000 So the total investments in mutual fund are Rs 5050 per month which I want to continue for atleast 10 years from now onwards. Post Office MIS investment - 4 Lakh earning an interest of Rs 2466 per month which I invest completely to my daughter's SSY every month. And the current value of SSY - 118000. Sir as I am serving in defence we have a scheme to invest retirement fund to govt which is 100% safe and likely to earn an interest of 700 per Lakh every month. I wish to invest Rs. 10 Lakh to this scheme which will earn me 7000 per month along with my pension. Total - 37000 a month. As I tracked current monthly expenses are 28000 house expense + 5050 mutual funds and + 5000 I am giving to my wife monthly out of which she invests 1000 in Post office PLI scheme and likely to get 1 Lakh in 2027 and 2 Lakh in 2032. Sir after house repair and investing in Govt scheme I will be left with 20 Lakh only with a month Interset income of 7000 and pension of 30000. Having gold jewellery worth 5-5.5 Lakhs. Sir till I am serving here I have a life insurance of 60 Lakhs but after retirement or 6 months before that I wish to purchase a term plan for me. Me and all my dependents including mother will be covered by ECHS and we will be getting treatment at MHs also. Sir, now my question is as I have the option to serve till the age of 57 years that is till 2045, still I wish to leave the service at the age of 38. Is this a wise decision financially? Also, my wife is a post graduate and she wishes to start teaching after my retirement and may earn Rs 10000 a month atleast. I am also a graduate and can work for another 10 years if I find something interesting. Also, is my current mutual fund investment right and shall I continue in the same funds for another 10 years So considering all this you are requested to guide me further. I shall be highly thankful to you.
Ans: Sukhvinder. Your financial situation shows a strong foundation with thoughtful planning in place. However, retiring early at 38 needs a thorough analysis. Here are some key points to consider:

Retirement Age: While you can serve till 57, retiring at 38 depends on whether your pension, interest income, and potential earnings will sustain your lifestyle long-term, especially considering inflation and rising costs.
Mutual Funds: Your SIPs are well-diversified. Continuing them for 10 years should help you build a robust corpus, but periodic reviews with a CFP are advisable to ensure they align with your goals.
Term Insurance: Purchasing term insurance before retirement is crucial for securing your family’s future.
Wife’s Potential Income: Your wife's future income can help reduce financial strain post-retirement, but you’ll still need to ensure your long-term security.
For personalized planning and comprehensive advice, I strongly recommend consulting a Certified Financial Planner (CFP) to evaluate all aspects and ensure your early retirement is financially sustainable.

K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

..Read more

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Ravi

Ravi Mittal  |397 Answers  |Ask -

Dating, Relationships Expert - Answered on Nov 06, 2024

Asked by Anonymous - Sep 03, 2024Hindi
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Me and my bf are resident docters in a hospital .We hardly had time with each other ,but always supported each other in difficult times.Through fights ,breakups ,patch ups ,we were there all in these 3 years .He has always been more career oriented , hardly expressed any feelings on his own for me ,he only expressed or said i love when i asked him too .Now i m in my last year of md exams ,he got selected in aiims delhi dm since he was senior to me .Now he hardly communicates with me ,like in 48 h ,all we do is talk for 2 min ,where he hardly says anything ,sometimes he talks is about work.I have asked him multiple times if anything wrong i did ,he has kept on saying he is busy ,he says atleast i call u ,i hardly have time for anyone.He says all he sees now is his work ,patients and career . I have always adjusted according to him ,now it is becoming difficult to adjust .I cant take the trauma of leaving him ,because i have very important exams in 4 months .He was my only bestfriend ,my guide ,my love .He has been changed person .But i m studying and working almost 20 hrs , how to cope up ,i m all alone in this melodrama ,sometimes i wish i was dead
Ans: Dear Anonymous,
Your feelings are valid. It is indeed difficult to adjust to an unexpressive partner. One out of two things can be happening here- one, he does not know how to express his emotions; that is who he is fundamentally. Two, the work pressure and hectic hours have made him detached. You can try having an open conversation with him about it and let him know that you are not being able to carry on like this. Communicate your concerns and how his attitude toward you has affected your mental health. That is the only way to move forward. After the conversation either of two things will happen- it will be a wake-up call for him and things will change for the better. Or, he will continue to behave the same way and you have to rethink the relationship. My suggestion is to have the talk after your exams. I know you think he is your everything, but you are your everything. Do not let this relationship waste the years of hard work you have put into your studies. Focus on yourself and trust me when I say this- value yourself the way you want others to value you. If you don't, why would anyone else?

I hope this helps. Best Wishes.

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Asked by Anonymous - Oct 31, 2024
Relationship
I am married for last 3 years. I found out about my wife's sexual past just months into our marriage. I even enquired her about her past before our marriage and told her that I don't tolerate lies and don't believe in premarital sex but she still lied to me and deceived into a fraud marriage. So I started sleeping with prostitutes and call girls as a revenge. I even had an affair with a divorced woman but that didn't last long. I know I didn't do anything wrong. She is the one is in the wrong. She deceived me into a fraud marriage. Should I forgive her and live with her?
Ans: Dear Anonymous,
instead of dealing with the problem at hand, you decided to go and create more problems?
What prevented you from actually talking to your wife. If you felt cheated, was it not possible for you to channel the anger by having a conversation with her about it? Revenge never helped anyone, but well...
Now, by blaming her, what can happen is that she will defend and you will again accuse and this will go on...
So, yes you are feeling cheated and deceived by her. You have two ways of approaching it. rebuild your marriage and start with a clean slate which means she cannot keep secrets with you anymore OR you can build more anger which is bound to destroy the marriage. I would suggest the first option where you get a fair chance to express how you feel to her and also come clean with your revenge scene with her...this may help both of you put things aside and rebuild the connection. Give this a fair shot!

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

...Read more

Anu

Anu Krishna  |1274 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Nov 06, 2024

Asked by Anonymous - Nov 05, 2024Hindi
Relationship
Hello, I am a 42 year old woman with a 14 year old boy and a 12 year old girl. Ours was an arranged marriage. I got married at age 23 and my husband is just 2 years older to me. Right from the beginning my husband is great at cooking, household chores etc but never expresses romance openly. I was always a emotional woman who slowly turned to him and stopped expressing my needs well. So far out marriage was great cos I avoided confrontations and arguments. Only thing was he was always a critical person and I am emotional girl . Since I cld not express myself clearly as he never heard me, my communication with him sounded nagging, comparing and complaining. In 2011, he cheated on me and I learnt on his affair. I did not know how to process this phase so immediately forgave him within 2-3 days and even ended up being pregnant with my daughter. However he never used to speak on his past affair not were my feelings resolved. Whenever he would speak rudely or yelled at kids or me for little things, the past trauma would trigger and I would openly remind him of his grave mistake. This went on and he would get agitated and keep quiet. One day he did tell me that lifelong he needs to live with this past of me reminding him. But he has never understood the trauma I have gone through. I have just repressed it all along. Cut short 2024- there is lots of resentment with us. In 2022, I saw messages that he exchanged with another lady colleague on romantic songs , good morning messages and they would casually meet for lunch etc . This time I flew in rage and assumed he has cheated on me again. Told him first time I was a fool who didn't notice things right under my nose and now this is the latest. We had a big fight. I reminded him of his dirty past. At first he looked shocked from these allegations and told me he will clarify everything later. But next day in 2022 , when I asked him, he appeared to be a changed man and sounded more confident that he didn't do anything wrong. I pestered him to take me to office, we went to his office I met this lady and politely told her to stop sending good morning messages to my husband. I indirectly told her I have trust issues because of a past but did not elaborate. My husband who had taken me to the office , later was annoyed because apparently the woman colleague was annoyed about me coming to office and also mentioned about my trust issues. At this point this great husband spilt out to her that he had cheated on me. I never ever disclosed anything to her. Later he messaged me saying he was very annoyed and upset that I disclosed the dirty past to his colleague and if anything happens to his job he will never forgive me. I did tell him I never disclosed but he did not belive me. From 2022 until now we are almost in a silent divorce phase. We sleep in different bedroom and only communicate basic stuff on milk, curd , veggies etc He had never connected to me emotionally and would always get annoyed when I wld cry or show my frustrations. Now after all this he has literally cut me off emotionally. In this period from 2022-till now I did try to get back to normal but his vibes are very negative and disconnected. So even I too started distancing myself. During 2022, after the incident he had mentioned on how it is important to work, ve independent and how he favours open relationships ( non sexually). I was always working but earned lesser and used to depend on him a lot. Now I have changed in these 2 years, I have a better job and am not at all dependent on him emotionally, physically or mentally. Infact I pitch in to our household expenses.Our lives are totally disconnected and we there just for the kids. He cooks for all of us, I take care of remaining chores and help them in their studies . We don't attend family events and this has left many guessing on our status. I have lot of unresolved emotions and since he cannot process my emotions or least interested to hear me out I don't know when I will explode. I am just repressing my feelings and keeping a happy cheerful face for the family and kids. We even went for a vacation for kids sake where we just interacted with kids. Kids know things are not allright and pray for us together. I know this isn't healthy for me and I will invite psychosomatic issues in life later on. I am still attached to him and maybe once he expresses a sorry or a remorse and have a hope we can fall back in love again. Why can he never understand that emotional trauma that I have gone through Inspite of being loyal to him always. For once if he just uses kind words and apologises I will forever love him and forget everything.
Ans: Dear Anonymous,
Your husband perhaps is someone who is not great at conflict management; he finds it easier to avoid it and avoidance can mean that he hopes that it will go away or that you will stop talking about it or that he can find ways of actually pinning the blame on you for the way that he is feeling.
So, you will come across as nagging and may also feel guilty for asking him to listen to the way that you feel about the past incident. This is classic avoidance response from him that will make you wonder of you are actually wrong and at some point you may even start justifying his actions.
Repression is temporary; eventually all the emotions will collect themselves and hit back when you least expect it. If you want him to hear you and the way you have felt about his cheating, he will again get pushed into an avoidance mode. He has not learned any other way of handling conflicts. So, either you can go to couples counseling together OR you accept this side of him. Sounds too much to do, yeah? But how can you change a person who does not want to change. Some people also cannot express their love the way you have mentioned.
Since you still love him, I can only assume that the marriage holds a lot of significance for you. Then you can be happy only when he changes OR you accept him... which one seems more doable, start with that first...who knows if an external person like an expert can actually guide the two of you, things may fall in place!
I would also suggest requesting him for an honest chat where he is also in a space to LISTEN to you...try...

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

...Read more

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