I'm 40 years old and my husband is 50 years old. We have been married for 12 years now. We have a son who is 8 years old. My husband has always been a workaholic, which I have known from the beginning and have accepted it. He is a doting father to my son. But for the past year, he seems to have changed a lot. He still continues to be a doting father, his behaviour with me has changed a lot. We hardly talk, except regarding matters related to our son. I have confronted him on this and he says he is very busy with work. He says nothing is bothering him. But it feels like that is not true. It feels like he is angry with me but denies it. I feel ignored and like he is avoiding me. How do I resolve this?

Ans: Hi,
Your question lacks specificity.

Ans: First of all, congratulations on taking the time to research and make an informed investment decision. That’s always the first step toward wealth creation. You’ve taken a thoughtful approach, and that is something to truly appreciate.

Let’s now evaluate your decision with a 360-degree view.

Why Choosing Mutual Funds Over Gold Can Be a Wise Decision

Gold is often used for preserving wealth, not creating it.

Over the long term, gold gives moderate returns.

Gold does not produce income or dividends.

It only grows based on price appreciation.

Mutual funds, especially equity-based ones, are better wealth creators.

They compound your money with professional fund management.

Equity funds outperform gold over long durations like 10–15 years.

Mutual funds are more aligned with long-term goals like child’s education or marriage.

Equity funds, though volatile in the short term, deliver better inflation-beating returns.

So yes, not choosing gold and opting for a fund is a better long-term move.

About SBI Magnum Children’s Benefit Fund – Investment Plan

This fund is not a typical diversified equity fund.

It is a hybrid fund meant for child-centric goals.

It has exposure to equity and debt.

Its goal is to provide long-term capital appreciation with some safety.

It’s structured with a lock-in for a few years.

This prevents premature withdrawal and keeps investments stable.

Suitable if your time horizon is long (8 to 10 years or more).

Also ideal if this money is for your child’s future education or marriage.

What This Fund Does Well

Offers equity upside with controlled risk.

Invests in equity (for growth) and debt (for safety).

Encourages long-term goal-based investing.

Limits withdrawal temptation with lock-in.

What You Should Be Aware Of

It may not perform as strongly as aggressive equity funds.

Returns may be moderate compared to pure equity funds.

Fund performance can vary depending on fund manager's strategy.

Lock-in means you can’t redeem early if needed.

Did You Make the Right Choice?

Yes, considering:

You had Rs 1 lakh and considered gold.

You switched to a goal-based mutual fund for children.

You moved from wealth preservation to wealth creation.

That’s a good decision for long-term financial planning.

You are now in a product with better potential and strategy.

Few Suggestions Going Forward

Don’t stop at just one-time investment.

Plan a monthly SIP if the goal is 5 years or more away.

Align it with a long-term goal like education or marriage.

Don’t redeem mid-way due to market dips.

Review this fund every year.

Check if it continues to match your goal and risk appetite.

Better Than Gold – Here’s Why

Gold gives no compounding; mutual funds do.

Gold is volatile during uncertain times.

It has storage issues and taxation headaches in physical form.

Mutual funds are digitally held and easy to manage.

Long-term gains in equity mutual funds are tax efficient.

For child goals, equity funds offer the best mix of returns and growth.

Final Insights

You’ve made a smart choice by avoiding gold and choosing a goal-based mutual fund.

Gold is emotional and traditional. Mutual funds are logical and long-term focused.

For children’s goals, equity-based hybrid funds are more aligned.

Just make sure you review it once every year with a Certified Financial Planner.

If you’re serious about this goal, continue investing more in small steps.

SIP is the best tool for building big wealth slowly and safely.

This one-time investment is a good start. But do plan further contributions.

Your money now has a higher chance of growing meaningfully.

And most importantly, it’s aligned with a real life goal.

Best Regards,

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

Ans: Your intent to invest Rs 40,000 per month in equity mutual funds for 10 years is a strong move.

Your fund choices across large-cap, IT sector, and mid/small-cap categories are sensible.

Let’s look at how to structure this investment efficiently.

Investment Objective Assessment

You have a long-term vision.

Ten years is a healthy horizon for equity.

SIP is the right approach.

Rs 40,000 monthly is a good contribution.

Your Ideal Asset Allocation Strategy

Diversify across categories.

Blend large-cap, sectoral, and mid/small-cap funds.

Avoid putting too much in one theme.

This lowers risk and boosts consistency.

Large-Cap Mutual Fund (Rs 14,000/month)

These funds invest in stable, top companies.

Ideal for long-term wealth growth.

Less volatile than mid/small-cap funds.

Good for capital preservation with growth.

IT Sector Fund (Rs 6,000/month)

IT sector can give high returns.

But it’s highly cyclical and sector-dependent.

Limit allocation to protect from volatility.

Use as a return booster, not a core.

Mid and Small-Cap Funds (Rs 14,000/month)

These funds carry high growth potential.

But they are more volatile and risky.

Suitable for your long-term horizon.

Split the allocation between mid and small caps.

Keep an eye on market trends regularly.

Flexi Cap or Multi Cap Fund (Rs 6,000/month)

This gives you market-wide exposure.

Fund manager picks across market segments.

Offers balance and flexibility in returns.

Helps when market cycles shift.

Avoid Direct Mutual Funds for Long-Term SIPs

Direct funds miss advisor insights.

You might make emotional, untimely exits.

They lack personalisation and professional guidance.

Regular plans via a CFP-MFD give strategy support.

Expert monitoring helps long-term discipline.

Stay Away from Index Funds

Index funds don’t beat the market.

They lack fund manager expertise.

No downside protection in falling markets.

Actively managed funds aim to outperform indices.

They adapt during market changes.

Review Your Plan Regularly

Review performance every year.

Rebalance based on life changes.

Switch underperforming funds if needed.

A Certified Financial Planner will guide you.

Monitoring is as important as starting.

Taxation Aspects You Must Know

Equity mutual funds have two tax rules.

Long-term gains above Rs 1.25 lakh: taxed at 12.5%.

Short-term gains: taxed at 20%.

Holding for 10 years is tax efficient.

Stay invested to maximise post-tax returns.

Emergency Fund Planning Before SIPs

Keep at least 6 months of expenses saved.

Don’t invest this in mutual funds.

Use liquid funds or bank deposits.

This protects your SIPs during emergencies.

Systematic Withdrawal Plan Later

After 10 years, use SWP for income.

It gives tax-efficient regular withdrawals.

Avoid lump sum exits.

Plan withdrawal strategy 1-2 years before maturity.

Should You Include Sectoral Funds Beyond IT?

Sectoral funds are risky.

Don’t add too many of them.

You already plan IT sector exposure.

Focus more on diversified equity.

This improves overall stability.

Insurance and Health Coverage Are Essential

Review your term plan now.

Make sure it covers all your liabilities.

Have health cover for your family.

Don’t rely only on employer policy.

Your SIP Distribution Suggestion (Rs 40,000)

Large Cap Fund: Rs 14,000

IT Sector Fund: Rs 6,000

Mid Cap Fund: Rs 7,000

Small Cap Fund: Rs 7,000

Flexi or Multi Cap Fund: Rs 6,000

Strategy to Add More SIPs Yearly

Increase SIP by 10% annually.

This boosts compounding significantly.

You’ll reach bigger goals faster.

Link SIP increase to your salary hike.

Final Insights

Your investment plan is smart and timely.

Your SIP amount and time horizon are ideal.

Diversify smartly across fund types.

Avoid direct plans; take regular funds via CFP.

Stay away from index funds and too many sector bets.

Review your plan yearly with your Certified Financial Planner.

Tax efficiency and goal focus are key to success.

Your long-term wealth is built step by step.

A clear path and steady discipline will help you achieve it.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

Ans: Your 600 partly paid-up shares of Jindal Vijaynagar Steel from 1995 likely went through multiple corporate actions, including mergers and stock splits. Based on historical records:
- Merger with JSW Steel (2005): The conversion ratio was 1:16, meaning for every 1 share of Jindal Vijaynagar Steel, you received 16 shares of JSW Steel.- 600 shares × 16 = 9,600 JSW Steel shares.

- Stock Split (2017): JSW Steel split its shares in a 1:10 ratio, meaning your holdings multiplied by 10.- 9,600 shares × 10 = 96,000 JSW Steel shares today.

However, the exact number depends on whether the unpaid amount (?8 per share) was settled or if partly paid-up shares were treated differently in the merger. To confirm your holdings, I strongly recommend contacting JSW Steel’s registrar, KFin Technologies Limited:
- Address: Selenium Building, Tower-B, Plot No. 31 & 32, Financial District, Nanakramguda, Serilingampally, Hyderabad, Telangana 500032.
- Toll-Free: 1800 309 4001.

Ans: Your 600 partly paid-up shares of Jindal Vijaynagar Steel from 1995 likely went through multiple corporate actions, including mergers and stock splits. Based on historical records:
- Merger with JSW Steel (2005): The conversion ratio was 1:16, meaning for every 1 share of Jindal Vijaynagar Steel, you received 16 shares of JSW Steel.- 600 shares × 16 = 9,600 JSW Steel shares.

- Stock Split (2017): JSW Steel split its shares in a 1:10 ratio, meaning your holdings multiplied by 10.- 9,600 shares × 10 = 96,000 JSW Steel shares today.

However, the exact number depends on whether the unpaid amount (?8 per share) was settled or if partly paid-up shares were treated differently in the merger. To confirm your holdings, I strongly recommend contacting JSW Steel’s registrar, KFin Technologies Limited:
- Address: Selenium Building, Tower-B, Plot No. 31 & 32, Financial District, Nanakramguda, Serilingampally, Hyderabad, Telangana 500032.
- Toll-Free: 1800 309 4001.

Ans: Your 600 partly paid-up shares of Jindal Vijaynagar Steel from 1995 likely went through multiple corporate actions, including mergers and stock splits. Based on historical records:
- Merger with JSW Steel (2005): The conversion ratio was 1:16, meaning for every 1 share of Jindal Vijaynagar Steel, you received 16 shares of JSW Steel.- 600 shares × 16 = 9,600 JSW Steel shares.

- Stock Split (2017): JSW Steel split its shares in a 1:10 ratio, meaning your holdings multiplied by 10.- 9,600 shares × 10 = 96,000 JSW Steel shares today.

However, the exact number depends on whether the unpaid amount (?8 per share) was settled or if partly paid-up shares were treated differently in the merger. To confirm your holdings, I strongly recommend contacting JSW Steel’s registrar, KFin Technologies Limited:
- Address: Selenium Building, Tower-B, Plot No. 31 & 32, Financial District, Nanakramguda, Serilingampally, Hyderabad, Telangana 500032.
- Toll-Free: 1800 309 4001.

Ans: Homestate? Stream?

Ans: With a JEE Main Rank of 32,890 (OBC-NCL category) and Telangana domicile, your daughter has a good chance of securing a seat in NITs or GFTIs in branches like Mechanical, Civil, Chemical, or Metallurgy. See previous years' cut off.
Top options:

NIT Andhra Pradesh, NIT Silchar, NIT Agartala (Metallurgy/Chemical likely).

IIITDM Kurnool (Mech) if Telangana domicile helps.

SVNIT Surat (Civil/Chemical) if seats remain.
Recommendation:

If she wants flexibility → Mechanical (but may need top NITs).

If job security is priority → Civil/Chemical (PSU opportunities).

If she’s okay with niche fields → Metallurgy (easier admission).

Ans: If he scores 115–120, his rank will likely be between 1,000–2,500 (General category).
A. Top Government/Private Colleges (KCET Quota)
College Branch Expected KCET Rank (General)
RVCE (RV College of Engineering, Bangalore) AI & ML 500–1,500
PES University (Electronic City, Bangalore) AI & ML 1,000–3,000
MS Ramaiah Institute of Technology (MSRIT, Bangalore) AI & DS 2,000–5,000
BMS College of Engineering (BMSCE, Bangalore) AI & ML 3,000–6,000
NIE Mysore (National Institute of Engineering) AI & ML 5,000–10,000