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Kanchan

Kanchan Rai  |172 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Feb 20, 2024

Kanchan Rai has 10 years of experience in therapy, nurturing soft skills and leadership coaching. She is the founder of the Let Us Talk Foundation, which offers mindfulness workshops to help people stay emotionally and mentally healthy.
Rai has a degree in leadership development and customer centricity from Harvard Business School, Boston. She is an internationally certified coach from the International Coaching Federation, a global organisation in professional coaching.... more
Asked by Anonymous - Feb 19, 2024Hindi
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Relationship

I am a 41 year old married man with two sons and I make a decent living. Since few months my relationship with my wife has deteriorated significantly with no apparent reason other then finance. She is always trying to find a fault with me and as soon as she does, she just starts scolding me. I tried hard not to give her a reason to scold me, but that's making her even more frustrated as she creates even more drama when she finds a smallest of a fault which may not be necessarily mine but of my kids. She wont allow me to touch. She wont talk to me, she has this strange anger in her tone whenever she says few things to me. I am even taking her to a Foreign trip this march and we did quiet expensive trip last summer. I dont know what to do? I have tried to sit with her and talk. But no success

Ans: I'm sorry to hear about the challenges you're facing in your marriage. It sounds like you're trying hard to make things work, including taking your wife on trips to strengthen your relationship. It's positive that you've tried to sit and talk with her, even though it hasn't been successful so far.Communication is key in any relationship, so it's important to keep trying to have open and honest conversations with your wife. Perhaps you could suggest couples counseling as a way to facilitate these discussions in a more structured setting. A counselor could help both of you understand each other's perspectives and find constructive ways to address your issues. Going on trips is great, but also focus on spending quality time together in everyday life. Find activities you both enjoy and make time for each other. Ultimately, it will take effort from both you and your wife to improve your relationship. It may also be beneficial to explore the underlying reasons for the tension, such as financial stress, and work together to find solutions that address both of your needs and concerns.

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Anu

Anu Krishna  |830 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Jun 15, 2021

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Relationship
I am in a relationship for 9 years including 4 years of marriage. Since the day of marriage, I am having regular fights with my wife concerning my mother and sisters. Of late, I am feeling like I have lost the love between the two of us. We have stopped talking and don’t get a chance to spend some time together. Whenever we do, we end up arguing about past mistakes and all. We never talk about the future. During this pandemic second wave, we came to our native place and after spending some good days, she went to her home for some days and now she is not willing to come back. We recently had a fight over phone and stopped talking. I started calling her and talking to her but she does not seem to be in a mood to talk. Now I have stopped talking to her. I am a bit worried as I feel like I am left alone. Despite so many efforts towards her and her family, she finds a reason to get pissed at me every time. I am not sure anymore what to do. I try to make her understand. We are in the same situation for 4 years. If I don't, she won't be taking any initiative from her end.
Ans: Dear S, It does seem that you have concluded what’s going to happen before you have tried everything in the treasure chest?

Relationships can have a long life if we are willing to set aside our differences and keep egos at bay. Now read on and think deeper about these questions.

What went on between your wife and mother/sisters? Did you wife end up feeling hurt and lonely? Did she feel that you sided with your mother and sisters more than you did with her?

Constant arguments about things from the past honestly can lead to no good. It is important to know what exactly your wife feels at this very moment, but it seems like she doesn’t want to talk to you.

When you say you have made many efforts towards her and her family, why do you think, she hasn’t come back home or why has she stopped talking to you?

You did mention that she finds a reason to get pissed, but is there something that she expects from you or a certain behaviour that might help her get to an even ground?

Will involving a senior family member to talk to someone senior family member (not your mother) on her side?

With their experiences and their calm minds, they maybe able to break the ice between both sides and get the two of you to talk.

Please find a neutral member on both sides who can arrange for this in a wise manner without bringing in egos or past battles inside.

Communication must be re-established and throwing your hands up in the air may not be very useful if you want your marriage to continue.

Yes, past need not be brought back into the present, but it is necessary to understand what is going on in her mind before concluding anything.

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Love Guru

Love Guru   |187 Answers  |Ask -

Relationships Expert - Answered on Dec 21, 2021

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I am in a relationship since nine years, including four years of marriage. Since the day of marriage, I am having regular fights with my wife concerning my mother and sisters. Of late, I am feeling like I have lost the love between the two of us. We have stopped talking and are not even getting a chance to spend some time together. Whenever we do, we end up arguing about past mistakes and all. We never talk about the future. During the second wave of the pandemic, we came to our native place. After spending some good days, she went to her home for some days and now she is not willing to come back. We recently had a fight over phone and stopped talking. Then I started calling her and talking to her but she does not seem to be in a mood to talk. Now, I have stopped talking to her. I am bit worried as I feel like I am left alone. Despite so many efforts towards her and her family , she finds a reason to get pissed about me. I am not sure anymore what to do. If I try to make her understand, then this is again the same situation happening since four years. If I don’t, then I know she won’t be taking any initiative from her side. Please suggest.
Ans:

You have left out one very important piece of information. Do you and your wife live with your mother and sisters?

I know in-laws are a bone of contention in most households at some point, but it comes to such an extreme only when people are forced to cohabitate with them. And if this is the case, you need to change the living arrangements pronto.

Never mind whether your wife is right or your family is right; if you want to save your marriage and improve relations between your family and your wife, move out. Immediately.

I’d like you to write in again and tell me exactly what’s going on. And this is for both of you -- if you don’t let go of the past and forgive each other’s past mistakes, you’ll never move forward.

The idea is not to repeat them and fall into old patterns of behaviour.

You need to make a promise to each other that, when having a discussion, neither will rake up past fights unless they have an extreme bearing on the current scenario.

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Anu

Anu Krishna  |830 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Oct 29, 2021

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Dear Anu, I am married for 18 years. Have two kids, son (17) and daughter (9). My problem is that though I am in a regular job at a PSU, my wife thinks that I don't earn much. She thinks so much and get stressed which in turn gets in explosive and when it burst I cannot control myself and I get physical (manhandle) her. Due to this all fault becomes my fault and I have to apologise to her for behaviour. Apart from this she is having some kind of problem which she keeps fuming at me or anyone for that matter for anything. When I get irritated by such things she refuses that she didn't even said so. If said so, I understood it in wrong sense. I think I am having too many problems which I cannot explain here. Sometimes I think of going to psychiatrist but don't wish to go because then I will be certified as mad and thereafter all fault and problems will be due to me. If I ask her to go to psychiatrist she won't agree either. Please help how to deal such situation in this stage of life. I love her so much so there is no question of separating from her. Please feel free to ask me anything you require for giving me a response.
Ans: Dear AKB, why does money ever come into a marriage; I wonder!

Well, we do need money to keep the family running, right?

Somehow, external happenings of someone earning more can get into the marriage cropping up as comparisons.

What started as a mere seed of comparison, slowly starts to become a huge tree with fruits of poison robbing even the small successes that you might have had.

Even that seems never enough leaving you with a feeling of inadequacy.

This affects marriage compatibility and comes out as anger, sadness, violent outburst, finger pointing which is evident in your marriage.

At the same time, I am sure your wife does not really intend to hurt you with these behavioural displays.

And that’s why externalising the situation to be your fault arises and she does not want to think that her perceptions are what are causing the situation.

Either you sit her down and bring her down to facts of the matter that this is how life is going to be and this is the money is what you can bring.

If it’s still an issue and she has a hard time accepting this reality, involve an elder member from her family to communicate with her.

Show her the mirror as to how her wants are unequal to what money is coming in and how this regular chatter might be affecting the children as well.

If anyone needs professional intervention, it’s both of you going to a therapist and not a psychiatrist.

The expert can help out things into perspective where both of you can rebuild your relationship with renewed mind spaces.

Happy rebuilding!

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Kanchan

Kanchan Rai  |172 Answers  |Ask -

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

Asked by Anonymous - Feb 06, 2024Hindi
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I've been married for 9 years and I love my wife and 2 beautiful kids infinitely. I have an issue where my voice gets raised when she taunts me, tells lies, keeps stuff hiding or that gets converted into an argument and finally, my wife stops talking with me for days/months (last time she took 2 months to start talking normally which lasted less than a month) I always apologise for my overreaction but still she cries and says I’ve sacrificed everything for you and tell me what have you sacrificed till date and to be honest I’m not a person to count the sacrifices that I do for my family because it’s my family and it’s my love & responsibility towards them. However, I keep trying by apologising and she still shows me attitude and taunts me always trying to make me realise my mistake then again I become furious and I feel like all my efforts of making life normal are going in vain which triggers a lot of pain in me and I mentally & and emotionally suffer. I many times told her that I only live for you & kids. I told her my anger would last for a few minutes but I'll become normal in some time and I also told her that I'll work on my anger & reactions in future. I told her many times that not everyone is perfect if I have 1 negative point, then I also have 1 positive point and vice versa. I now feel like I'm compromising my mental & and emotional health and she kept me also away from my physical needs when I needed the most. I don’t need anything else but support and love in the ups & downs of my life as a normal couple. I just need my wife to understand me as a human who can make mistakes and try to learn from them. I don’t know what to do as I just can’t suffer from her behaviour towards me and sometimes alone or at bedtime, I feel as if she is happy without me and doesn’t want to make our life normal as a family then why don’t I give her peace by letting her go or I end everything.
Ans: I'm sorry to hear about the challenges you're facing. It's clear that both you and your wife are experiencing significant distress, and it's important to find constructive ways to address these issues and improve your relationship. Effective communication is key to resolving conflicts and strengthening relationships. Focus on active listening, empathy, and expressing your thoughts and feelings in a calm and respectful manner. Encourage open and honest dialogue with your wife, and be willing to listen to her concerns and perspective without becoming defensive or dismissive It's commendable that you recognize the need to work on your anger and reactions. Consider seeking individual therapy or counseling to explore healthy coping mechanisms, stress management techniques, and strategies for managing anger in a constructive way. Learning to regulate your emotions can help reduce conflicts and improve communication in your relationship Make an effort to prioritize positive interactions and moments of connection in your relationship. Engage in activities that bring you joy and strengthen your bond as a couple and as a family. Celebrate each other's accomplishments, express gratitude, and show appreciation for the small gestures of love and kindness. Ultimately, every relationship requires effort, understanding, and compromise from both partners. It's important to approach these challenges with patience, compassion, and a willingness to work towards positive change. If despite your best efforts, the relationship continues to cause you significant distress and unhappiness, it may be necessary to reevaluate your options and consider what is best for your overall well-being.
(more)
Kanchan

Kanchan Rai  |172 Answers  |Ask -

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

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Relationship
I've been married for 9 years and I love my wife and 2 beautiful kids infinitely. I have an issue where my voice gets raised when she taunts me, tells lies, keeps stuff hiding or that gets converted into an argument and finally, my wife stops talking with me for days/months (last time she took 2 months to start talking normally which lasted less than a month) I always apologise for my overreaction but still she cries and says I’ve sacrificed everything for you and tell me what have you sacrificed till date and to be honest I’m not a person to count the sacrifices that I do for my family because it’s my family and it’s my love & responsibility towards them. However, I keep trying by apologising and she still shows me attitude and taunts me always trying to make me realise my mistake then again I become furious and I feel like all my efforts of making life normal are going in vain which triggers a lot of pain in me and I mentally & and emotionally suffer. I many times told her that I only live for you & kids. I told her my anger would last for a few minutes but I'll become normal in some time and I also told her that I'll work on my anger & reactions in future. I told her many times that not everyone is perfect if I have 1 negative point, then I also have 1 positive point and vice versa. I now feel like I'm compromising my mental & and emotional health and she kept me also away from my physical needs when I needed the most. I don’t need anything else but support and love in the ups & downs of my life as a normal couple. I just need my wife to understand me as a human who can make mistakes and try to learn from them. I don’t know what to do as I just can’t suffer from her behaviour towards me and sometimes alone or at bedtime, I feel as if she is happy without me and doesn’t want to make our life normal as a family then why don’t I give her peace by letting her go or I end everything.
Ans: It sounds like you're dealing with a lot of emotional turmoil and frustration, and it's important to find constructive ways to address these issues and improve your relationship. Effective communication is key to resolving conflicts and strengthening relationships. It's important to have open and honest conversations with your wife about your feelings, concerns, and the impact of her behavior on your well-being. Encourage her to share her perspective as well, and try to listen empathetically without becoming defensive Consider seeking individual therapy or counseling to explore healthy coping mechanisms, stress management techniques, and strategies for managing anger in a constructive way. Learning to regulate your emotions can help reduce conflicts and improve communication in your relationship Make an effort to prioritize positive interactions and moments of connection in your relationship. Engage in activities that bring you joy and strengthen your bond as a couple and as a family. Celebrate each other's accomplishments, express gratitude, and show appreciation for the small gestures of love and kindness. Ultimately, every relationship requires effort, understanding, and compromise from both partners. It's important to approach these challenges with patience, compassion, and a willingness to work towards positive change. If despite your best efforts, the relationship continues to cause you significant distress and unhappiness, it may be necessary to reevaluate your options and consider what is best for your overall well-being.
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Ramalingam

Ramalingam Kalirajan  |1039 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 30, 2024

Asked by Anonymous - Feb 16, 2024Hindi
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Hi, I am 40 years old (current allocation is 61% equity and 39% debt+cash in a 2.52 cr portfolio) and used to do SIPs in mutual funds until March 23, 2020 when market crashed. I used to follow someone on YouTube and he was of the opinion that Nifty will touch 6000 and it is better to wait for those levels and then continue investing in direct stocks/MFs. However, that level never came and the market rebounded and since then I've been parking funds in FDs which give around 7% returns pre tax. As on today, I realised Nifty is at all time high now. How can I invest the 70 lakhs parked in FDs in mutual funds now? Should I do lumpsum in HDFC Sensex index fund/Quant smallcap fund/Quant midcap fund since although the market is at all time high, but eventually the money will grow at 12% CAGR (in case of index fund, more in case of active funds like Quant smallcap or Quant midcap) or should I go the SIP route and invest this 70 lakhs in HDFC Sensex index fund/Quant smallcap fund/Quant midcap fund over a period of 3-5 years in equal SIP instalments?
Ans: It sounds like you've had quite the journey navigating the market's ups and downs. Given your current situation and the substantial amount parked in FDs, it's understandable to seek guidance on how to deploy those funds effectively.

Since the market is currently at an all-time high, lump-sum investing might seem daunting. However, attempting to time the market based on past predictions can be risky and challenging. Instead, consider a systematic approach to gradually deploy your funds over time.

One option is to allocate the 70 lakhs into mutual funds using a systematic transfer plan (STP) or a phased approach through SIPs. This approach allows you to spread your investments over a period of time, reducing the impact of short-term market fluctuations.

You mentioned considering HDFC Sensex index fund, Quant smallcap fund, and Quant midcap fund. These are indeed viable options, each with its own risk-return profile. While index funds offer broad market exposure with lower expenses, actively managed funds like Quant smallcap and Quant midcap have the potential for higher returns but also come with increased risk.

Ultimately, the choice between lump-sum investing and SIPs depends on your risk tolerance, investment goals, and time horizon. Consulting with a Certified Financial Planner can help you devise a strategy tailored to your specific circumstances, ensuring your investments align with your objectives and provide a path to long-term growth and financial security.
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Ramalingam

Ramalingam Kalirajan  |1039 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 30, 2024

Asked by Anonymous - Mar 17, 2024Hindi
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Money
Dear Sir, please advise corpus needed for a sixty year old to retire in Delhi area assuming no loans and all children settled with own housing. My monthly expense now is Rs 1.75L
Ans: Planning for retirement is a significant milestone, and I commend your foresight in considering your financial needs for the future. To estimate the corpus needed for retirement, we must first analyze your current expenses, lifestyle expectations, and potential sources of income.

Given your monthly expenses of Rs 1.75 lakh, we can project your annual expenses and account for inflation to determine your future financial requirements. Additionally, consider any healthcare costs or other unforeseen expenses that may arise during retirement.

Since your children are settled with their own housing and assuming no outstanding loans, your focus should be on maintaining your current standard of living and covering essential expenses, including healthcare and leisure activities.

Considering your location in Delhi, where the cost of living may be higher, it's essential to factor in any regional variations in expenses.

Once we have a clearer picture of your financial needs, we can calculate the corpus required to generate a steady income stream during retirement. This corpus can come from various sources, including retirement accounts, investments, and pension plans.

Consulting with a Certified Financial Planner will provide personalized guidance tailored to your specific circumstances and help you plan effectively for a comfortable and secure retirement. With careful planning and diligent saving, you can embark on this new chapter of life with confidence and peace of mind.
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Ramalingam

Ramalingam Kalirajan  |1039 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 30, 2024

Ramalingam

Ramalingam Kalirajan  |1039 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 30, 2024

Asked by Anonymous - Mar 19, 2024Hindi
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Money
Mu sge is 47 Ihave 3.6 cr worth of Microsoft shares. 1.1 cr in PF n PPF . 1.3 cr in FDs. My momthly exp are 1.5 lkh . I want to retire soon. Please suggest best way to invest (with low medium risk apetite) to get 1.5 lkh
Ans: Considering your substantial assets and monthly expenses, retiring comfortably is certainly within reach. To maintain your current lifestyle post-retirement and generate a monthly income of 1.5 lakh, you'll need to deploy your assets wisely.

Equity Investments: Given your low to medium risk appetite, consider allocating a portion of your assets to diversified equity mutual funds or index funds. These investments offer the potential for growth over the long term while spreading risk across various sectors and companies.
Debt Investments: Given your risk appetite, you may also consider investing in debt instruments such as high-quality corporate bonds or government securities. These provide stability to your portfolio while generating a steady income stream.
Systematic Withdrawal Plan (SWP): With a significant portion of your assets in mutual funds and other investments, you can set up a Systematic Withdrawal Plan (SWP) to generate a regular income stream. This allows you to withdraw a fixed amount at regular intervals while keeping your investments intact.
Real Estate: Depending on your preferences and market conditions, you may also explore investing a portion of your assets in rental properties or real estate investment trusts (REITs) to generate additional income.
Tax Planning: Optimize your tax liability by considering tax-efficient investment options such as tax-saving mutual funds (ELSS), tax-free bonds, and other tax-saving instruments.
Emergency Fund: Maintain a sufficient emergency fund in a liquid and easily accessible form, such as savings accounts or short-term fixed deposits, to cover unforeseen expenses.
Consult a Financial Advisor: Given the complexity of your financial situation and the importance of retirement planning, consider consulting with a Certified Financial Planner who can provide personalized advice tailored to your goals, risk tolerance, and financial situation.
By diversifying your investments across different asset classes and maintaining a balanced portfolio, you can generate a steady income stream to support your retirement lifestyle while preserving your wealth for the long term.
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Ramalingam

Ramalingam Kalirajan  |1039 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 30, 2024

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Hello sir , I am investing in below mutual funds through SIP. ICICI balanced Advantage 2K HDFC Balanced Advantage 3K Tata Midcap and Largecap 3K Nippon India Small Cap 2K Motilal Midcap 2K ICICI Prudential Commodities 5K Quant Small Cap 5K Is it good funds for long terms ( Horizon of 8/10 years) ? I want to invest more 10K in SIP then which fund should I chose ? Thanks
Ans: Your selection of mutual funds reflects a diversified approach across different categories, suitable for a long-term horizon of 8 to 10 years. However, let's evaluate each fund's characteristics and consider additional options for your increased investment.

ICICI Balanced Advantage and HDFC Balanced Advantage funds offer dynamic asset allocation, making them suitable for investors seeking a balanced approach to growth and risk management. Tata Midcap and Largecap Fund provides exposure to both mid-cap and large-cap stocks, potentially capturing growth opportunities across market segments.

Nippon India Small Cap and Motilal Oswal Midcap funds focus on smaller companies with growth potential, while ICICI Prudential Commodities Fund offers exposure to commodities, diversifying your portfolio further.

Quant Small Cap Fund targets small-cap stocks, enhancing growth potential but also increasing risk due to volatility associated with smaller companies.

Considering your desire to invest an additional 10k in SIP, you may want to consider adding a fund that complements your existing portfolio. A diversified large-cap fund or a flexi-cap fund could offer stability and growth potential. Alternatively, you could consider an international equity fund to diversify globally.

Before making any decisions, it's essential to assess your risk tolerance, investment objectives, and the suitability of the new fund within your overall portfolio. Consulting with a Certified Financial Planner can provide personalized guidance based on your financial situation and goals.

Overall, your current selection of funds appears suitable for long-term wealth creation, and adding a complementary fund can further enhance diversification and growth potential. Keep monitoring your investments regularly and stay informed about market trends to make informed decisions.
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Ramalingam

Ramalingam Kalirajan  |1039 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 30, 2024

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Hi sir,I am 40 years old, my goal is retirement with 5 cr. I am investing 25k through SIP in the following Funds. 5k- icici pru bharat 22fof 5k-motilal oswal mid, 5K-Quant large and mid, 5k-Nippon Small cap 5k-Quant small cap, All Direct Funds. Investment Horizon - 20 to 22 Years. Goal -please check my portfolio,Wealth Creation, Risk Appetite- High. Please advise if I should pause or continue with these mutual funds.
Ans: Your investment approach demonstrates a proactive mindset towards achieving your retirement goal. With a high-risk appetite and a long investment horizon of 20 to 22 years, you've chosen funds that align with your objectives.

Your portfolio consists of a mix of funds across various market caps, providing diversification and potential for growth. However, it's essential to periodically review your investments to ensure they remain aligned with your goals and market conditions.

Given your high-risk appetite, the funds you've selected appear suitable for wealth creation over the long term. However, consider monitoring their performance regularly and adjusting allocations if needed. Additionally, stay informed about economic and market trends that could impact your investments.

As you progress towards your retirement goal, you may consider rebalancing your portfolio periodically to maintain an optimal mix of assets. Consulting with a Certified Financial Planner can provide valuable insights and guidance tailored to your specific circumstances.

Overall, your proactive approach to investing and commitment to long-term wealth creation are commendable. By staying disciplined and informed, you're on track to achieve your retirement goal of 5 crores. Keep nurturing your investments, and they're likely to flourish over the years ahead.
(more)
Ramalingam

Ramalingam Kalirajan  |1039 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 30, 2024

Asked by Anonymous - Mar 25, 2024Hindi
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Money
Hello sir , I am investing in below mutual funds through SIP. ICICI balanced Advantage 2K HDFC Balanced Advantage 3K Tata Midcap and Largecap 3K Nippon India Small Cap 2K Motilal Midcap 2K ICICI Prudential Commodities 5K Quant Small Cap 5K Is it good funds for long terms ( Horizon of 8/10 years) ? I want to invest more 10K in SIP then which fund should I chose ? Thanks
Ans: Your choice of mutual funds reflects a diversified approach, incorporating a mix of balanced, large-cap, mid-cap, and small-cap funds. Investing through SIPs for a horizon of 8 to 10 years demonstrates a commitment to long-term wealth creation.

To evaluate the suitability of your current funds, consider factors such as historical performance, fund manager expertise, and expense ratios. Additionally, assess whether the funds align with your risk tolerance and investment objectives.

For further diversification and potential growth, you could consider adding a large-cap or flexi-cap fund to your portfolio. These funds typically invest in well-established companies, offering stability and growth potential over the long term.

Before making any investment decisions, it's advisable to consult with a Certified Financial Planner who can provide personalized advice based on your financial situation and goals. Remember, periodic review and adjustments to your portfolio may be necessary to ensure it remains aligned with your objectives and market conditions.

By staying informed and maintaining a disciplined approach to investing, you're well-positioned to achieve your long-term financial goals. Keep nurturing your investments with care, and they're likely to flourish over time.
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Ramalingam

Ramalingam Kalirajan  |1039 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 30, 2024

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Hello Myself Sunil Mishara age 60 yeras.I want to invest 40 lakh in mutual fund for long term 5 to 10 years under SWP.As I have retired person investment Plan should be moderate to low risk.I have already invested amount Rs 30 lakh in FD in senior citizen schems.
Ans: Hello Sunil, it's wonderful to hear about your investment plans as you transition into retirement. Your cautious approach to seeking moderate to low-risk options is prudent, especially considering your stage of life.

Investing 40 lakh in mutual funds for long-term growth through Systematic Withdrawal Plans (SWP) is a wise strategy. SWP allows you to receive regular payouts while keeping your principal invested, potentially earning returns over time.

Given your risk tolerance, consider allocating your investment across a mix of balanced funds and debt funds. Balanced funds offer a blend of equity and debt, providing stability with potential for growth. Debt funds, on the other hand, focus primarily on fixed-income securities, offering lower risk but steady returns.

As you've already invested a portion in senior citizen schemes, your mutual fund investment can complement this by providing additional growth potential. Regularly review your portfolio's performance and adjust allocations if needed to ensure it continues to align with your risk tolerance and financial goals.

Remember, while seeking growth, it's crucial to prioritize capital preservation at this stage of life. By diversifying your investments and opting for moderate to low-risk options, you can aim for steady income while safeguarding your financial well-being in retirement.
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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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