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Anu

Anu Krishna  |880 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Dec 07, 2022

Anu Krishna is a mind coach and relationship expert.
The co-founder of Unfear Changemakers LLP, she has received her neuro linguistic programming training from National Federation of NeuroLinguistic Programming, USA, and her energy work specialisation from the Institute for Inner Studies, Manila.
She is an executive member of the Indian Association of Adolescent Health.... more
P Question by P on Dec 07, 2022Hindi
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Relationship

Hi, I am 48 years old living in Bangalore. When my parents were alive I had the best life. But my life changed after I got married.
My first marriage lasted 8 years without children. She left me. I was devastated. During this time my dad expired.
I took back my life and for my mom I remarried. It's has been 12 years now. But I always wonder why I am alive.
I am staying with my wife in her house, using her things. But I have bought stuff for home.
She made me sell my car and give her money. She bought a car.
We have a son whom I love a lot .
She fights with me every day even through calls. I used to have a good business. I could not concentrate so had to shut it down.
I am working but cannot stick around in one place as my personal life has gone for a toss.
I am giving 95% of my salary to her still she asks me to get things. When I ask her for something she gets violent.
She is working too and doing good.
My life is hell. She hits me and is abusive too.

Ans:

Dear P,

It’s sad that you are a victim of circumstances, but your second marriage probably was meant to be a failure right from Day One.

When you marry for someone else’s sake, how are you going to be committed to your partner? Marriage is about two people in love creating a bonding through trust and working at it.

It doesn’t seem like you entered marriage realizing or honouring this.

And possibly your wife also does not want to be in this marriage and finds harassing you a pastime.

Why are the two still in the marriage?

If both of you cannot see eye to eye or do not want to work your differences, then it’s just going to be a journey filled with abuses and more bad memories.

Make sure you take care of your child’s welfare before you take any major steps. Either put your marriage back on track or look at options.

It’s your peace of mind that counts and how all this is impacting the child. So the ranting has to end and action towards what is possible must be taken.

All the best!

You may like to see similar questions and answers below

Anu

Anu Krishna  |880 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Dec 27, 2022

Relationship
Hi AnuAt the outset, thank you very much for your time to listen to my situation.I am 50 years old, married to my lover (46 years now) and blessed with two daughters. My wife comes from an upper caste with a poor background. She was my subordinate and got married in 2001 after dating her for more than 18 months.Immediately after marriage, I lost my job due to my mismanagement of responsibility with no criminal action. I suffered for six months and relocated to overseas and lived there for the past 19 years.With my hard work and commitment, my financial situation has improved considerably now. However, my wife's attitude has consistently changed in line with my financial growth. She strongly believes that because of her luck and my daughter’s luck only I was able to earn that much and live comfortably. With my severe official commitments, I did not mind her attitude that much. After the lockdown, I got the opportunity to understand the change and realised that she has constantly ill-treated me over the past 10 years. Also, I lost my parents a few years ago and my father gave his self-earned property worth a few crores to my elder brother and left nothing to me. At the same time, my wife got her ancestor property worth a few lakhs. This incident psychologically weakened me as she consistently abuses me saying she got a few lakhs worth of property whereas I got nothing from my parents. Now, for the last two years, she is not allowing me to perform my parents’ annual death ceremony rituals. She consistently uses bad words against my (departed) parents and makes most negative comments for the donations I made so far and terms me as an Idiot and useless person. She also criticises me in front of my friends and relatives.Her harassment gone to the extent of pushing me to commit suicide and for the sake of my daughter’s welfare, I managed to come out of that mindset on my own. Now, I am determined to live…. at the same time unable to absorb my wife’s harassment. I tried to explain to her in many ways and even begged her many times to stop ill-treating me. Instead, she is asking me how I am able to tolerate despite her ill-treatment for the past few years….Our physical relationship got disconnected for the past five years as she lists out silly reasons for avoiding me. She is refusing to come along with me to meet a psychologist. Also, she disconnected her long-term friends and created a new circle of friends in order to erase her past and maintain a high social image.From your expertise, kindly advise me on how to handle this situation which will be of highest support for me as I am having sleepless nights for the past 2 years.Kindly do not publish my name and request you to keep it anonymous.
Ans:

Dear S,

It’s obvious that there is something that your wife is upset about or missing and you have been blindsided by it.

It could be lack of love, attention or simply family’s worth that she might feel from money situation.

It needs a discussion but from your letter/e-mail, it doesn’t seem like she is interested in it.

What I don’t have information here is in the 19 years that you were out of the country, was she also with you?

This is vital information as things might have gone South while you were away.

Even if she did accompany you, maybe the mismanagement of responsibility situation that you mentioned was something that had thrown her off gear and insecure.

This vital information is missing for me to guide you even more effectively, but I can surely help you navigate with what is.

Yes, it needs a counsellor or a marriage therapist.

Nothing justifies talking ill about family members but when the mind is awry and unsettled, it does not think rationally which is why she is possibly displacing some anger or lack of affection or lack of something that is manifesting itself in different ways.

Ask yourself:

  • Where am I if I continue in the marriage?
  • Where am I if I don’t continue in the marriage?

This reality check will act as a compass to the next steps of action.

As a coach, it’s always nice to see a relationship work but reality might say something else.

So, be true to your thoughts and feelings, set aside any feelings of spite towards your wife and see things for what they are and move forward.

All the best!

..Read more

Anu

Anu Krishna  |880 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Mar 29, 2023

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Relationship
Hi Anu. I married intercaste in a hurry going against my family. My wife seems loves me a lot but she is also a screamer and likes to create a scene when we fight. She knows it is my weak point and continues to push it with the yelling till the neighbours come to our doorstep. When the fighting got really bad I slapped her a couple of times and now I am the bad guy. Sex life is ok if we are not fighting. But fights get really ugly. After a point I lost all the love and am going through the motions for the sake of my kids. Lately my son also started answering back to her when she screams at him. Do you suggest I go for separation? She says no to therapy as she does not think anything is wrong with her. Infact she thinks I need counselling.
Ans: Dear Ravi,
Sometimes screaming could be a means to get attention. if you notice a toddler, he/she will cry and scream, throw toys around to gain the parents' attention. So, it could just be a way for express her emotions.

Even as adults, at times we are stuck around like we were when we were children and use similar means of communication. She could be doing the same. So, when she is in a calm space, that is the time to speak with her and clearly impressing upon her how her actions have begun to impact the child. If he is modeling her behaviour, she needs to take stock of what's happening with her.
So, you maybe right that she can see an expert; but what I would suggest is: When she is calm, rather than point out her behaviour which she may feel accused for, handle it with gentle patience. Ask her: how she is feeling and what makes her upset over something?
Work on the issue together rather than asking her to deal with it. This approach will make her feel like she is the problem and she will try and defend herself and refuse all help. It maybe difficult given what you are facing, but hey, it's love for the other person that you are willing to do what it takes, right?
In a marriage, the two of you are always on the same side, yeah? So unite to conquer...

All the best!

..Read more

Pooja

Pooja Khera  | Answer  |Ask -

Life, Relationship Coach - Answered on Apr 05, 2023

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I’m married for 14 years and have a 12 yr old son, both working. It was love marriage but before marriage explained me that leaving her ex from her college as it was not true love. After these 14 years, I came to know that they were having physical relation as well and the same hurt me very hard and couldn’t focus on anything and difficult to believe that with whom I spent 14 yr and still there is something can be hidden. Thats not all, on domestic issues whenever we have argument on household work/ expenses/ guiding son on studying etc, if she is not able to answer or didn’t like my response couldn’t control her anger, she tried to stangle me, beat me up, slapping, pour water/ hot tea on me, also not to mention abusing me in front of my son. Also many times she threatened to end her life by taking a knife in hand or by closing door to attempt hanging. That’s why bedroom & washroom door locks are broken in my house. Due to all these I left house twice in these years but due to her repeated apology and affection to my son I returned. Now I think all these are unbearable and need to take some step for resolution. Also as my son is old enough to understand all happenings don’t want ruin his life with all these nuisance. Humble request to advice as I’m under tremendous pain.
Ans: Violence in any form is unacceptable and alone th reason to walk out of the relationship. No one should ensure violence , disrespect or manipulation in any relationship and in your case there are all three of them. In my opinion, you should walk out of this marriage given your partner has proven there's no change at her end.

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Anu

Anu Krishna  |880 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Oct 25, 2023

Asked by Anonymous - Oct 09, 2023Hindi
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Relationship
I have 28 + years of frustrated and abusive and absolutely unsatisfied marriage. It was arranged but involved bitterness from both sides. My father did my relationship because of temptation and so many false facts from the in -laws' side. I was not interested but due to family compulsions I couldn't resist. Somehow i feel sad that my father got trapped due to greed and always feel bad about him, my mother was illiterate and did not have much opinion on anything. It was full of falsehood and cheating. I am very simple and minimalist persons, just after marriage wife and inlaws started torturing me to breakaway from my parents, being alone son and with the help of sisters managed parents with lot of difficulties but thought time will heal. I was thinking of separation just after 6 months but somehow was in difficult shape, couldn't ask. Meanwhile Father in law died and i thought it's inhuman to give separation at this critical time and accepted my destiny, My wife was very clever and managed balanced relation till her brother and sister got settled and we decided to welcome kids and blessed with two sons but after all her responsibility over, she again showed same behavior rather more aggressive and color and i almost separated from parents. I am in Govt service and was threatened to file a false case, with all difficulties, managed with balancing, hiding something here and there. After the death of parents , things worsened and she is eying on all property of inheritance to be sold . I don't trust her at all , I want to give all to my sons and then quit. She always threatens , i want to be separated and live my old age peacefully alone without any property but all I want to give to my sons , not to her . Please suggest a way , I am afraid she can file a false domestic violence case or even to give me poison . I am very tense nowadays and my health is deteriorating.
Ans: Dear Anonymous,
Never live in fear because that can always be used by someone who is searching for an opportunity to meddle with your life.
Deal with this fear in two ways:
1. For fear of false case filing against you, kindly approach a lawyer who will guide you on how to protect your assets
2. For fear of the way your life is moving about in an unsettling manner, do work on it rather than fear it
- Separation or not, will have to be decided by you and your wife and make it as amicable as possible...
- If there are chances of reconciliation, do lay down some ground rules for both of you which includes deeper level of communication, deeper listening, trust building...

Most relationships sour over a period of time, because 'taking for granted' seeps in, there are unrealistic expectations for one another, children become an excuse for not spending enough time each other, family members somehow get into the equation which allows little room for the couple to understand one another...
the list goes on...
It simply means: Marriage is something that needs constant working on...it requires time, energy and effort...

All the best!

..Read more

Latest Questions
Ramalingam

Ramalingam Kalirajan  |2611 Answers  |Ask -

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

Asked by Anonymous - May 18, 2024Hindi
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Money
Hi, I am 36 years old. Single so far. In search of life partner. I am currently doing ?1.5L SIP monthly. Majority funds are midcap and flexicap. I also started ?5K monthly gold fund. Started gold fund from two months. Current savings are ?50L cash, ?45L mutual funds, ?22.5L PF, ?5L NPS & ?16L PPF. I want to reach the goal of ?5CR networth soon and feel relaxed and retire soon. I started the journey late. However, I am done with a property buying in Mumbai and loan free now. Please suggest me steps to reach the goal
Ans: That's a fantastic plan! You've made smart choices with your SIPs, debt investments, and being property-free. Here are some steps to consider reaching your Rs. 5 crore goal:

Strong Foundation:

Regular Savings: Your Rs. 1.5 lakh monthly SIP is a great start.

Diversified Portfolio: Having a mix of mid-cap, flexi-cap, and gold funds provides diversification. Actively managed funds involve experienced fund managers who try to pick stocks to outperform the market. Actively managed funds come with higher fees compared to passively managed funds.

Debt Investments: Your PF, NPS, and PPF contributions provide stability and guaranteed returns.

Reaching for Rs. 5 Crore:

Time Horizon: While you started investing later, you still have a good 20-25 years for your investments to grow.

Potential for Increase: Consider increasing your SIP amount if your income allows.

Review Asset Allocation: Consulting a Certified Financial Planner (CFP) is recommended. They can assess your risk tolerance and suggest if your asset allocation (mix of investments) is optimal for your Rs. 5 crore goal.

Focus on Equity: Equity funds have the potential for higher returns compared to debt, but also come with higher risk. A CFP can help you determine the right equity allocation for your goals.

Remember:

Long-Term Commitment: Building a Rs. 5 crore corpus requires a long-term investment horizon (ideally 15+ years).

Market Volatility: Equity markets can be volatile in the short term. Stay invested for the long term to ride out market fluctuations.

Professional Guidance: A CFP can create a personalized plan considering your risk tolerance, goals, and timeline.

You've made a great start! By consulting a CFP and potentially increasing your SIP or adjusting your asset allocation, you can increase your chances of achieving your Rs. 5 crore goal!

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2611 Answers  |Ask -

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

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Hi I am a 65 year old house wife looking for investment options to take care of myself. Income sources : Son gives 10000 and husband gives 3000 per month. I have an existing FD of 2 lakh rupees. Where all I can invest and I don't have a health insurance, any suggestions to plan my investment as well as health policy
Ans: It's wonderful that you're thinking about your financial security. Here are some ideas to consider:

Understanding Your Income:

Combined Income: You have a combined monthly income of Rs. 13,000 (Rs. 10,000 from son + Rs. 3,000 from husband).

Financial Goals: Consider your financial goals. Are you looking for regular income, to grow your savings, or both?

Investment Options:

FD Reinvestment: Consider reinvesting your existing FD or its interest to earn compound interest.

Debt Funds: Debt funds offer stability and regular income, potentially suitable for your situation.

Senior Citizen Savings Scheme (SCSS): This government scheme offers attractive interest rates for senior citizens.

Importance of Health Insurance:

Medical Expenses: Medical emergencies can be expensive. Health insurance can help manage these costs.

Senior Citizen Plans: Many insurance companies offer health insurance plans specifically designed for senior citizens.

Benefits of a CFP:

Personalized Plan: Consulting a Certified Financial Planner (CFP) is recommended. They can assess your needs, risk tolerance, and suggest suitable investment options and health insurance plans.
Here's a simplified example (not a recommendation):

Invest Rs. 50,000 in Debt Funds (SIP): Start a Systematic Investment Plan (SIP) in debt funds for regular income.

Invest Remaining in SCSS: Invest the remaining amount in SCSS for a good interest rate and safety.

Get a Senior Citizen Health Insurance Plan: Choose a health insurance plan that covers your needs and budget.

Remember:

Review Regularly: Review your investments and health insurance plan (at least annually) with your CFP to ensure they remain aligned with your needs.

Start Investing Early: Even a small amount invested regularly can grow significantly over time.

Emergency Fund: Maintain an emergency fund with 3-6 months of living expenses for unexpected situations.

By taking charge of your finances and getting proper health coverage, you can secure a brighter future for yourself!

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2611 Answers  |Ask -

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

Asked by Anonymous - May 18, 2024Hindi
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Money
Sir I am 37 and have wife and a son of age 7 years. I am not yet invested in markets and a corpus of around 30 lacs is invested in various FDs .However I would like to make a lump sum investment of around 23 lakhs in markets through various instruments out of these FDs as I understand these are not optimal enough and additionally start some SIPs. I am an executive in a PSU for last 14 years and wish take aim at two goals: a)Gathering a sufficient corpus for my son's education at the end of eleven years from now and b) Having a decent amount to retire with at an age of sixty .My in hand salary is around 1.25 lacs/month .Kindly suggest a plan as to diversification of these monetary assets for these goals.
Ans: Building Wealth for Your Family's Future: A Smart Move!
Congratulations on taking charge of your family's financial future! Moving Rs. 23 lakh from FDs to markets for your son's education and retirement is a wise decision. Here's a roadmap to consider:

Financial Goals:

Child's Education (11 Years): You need a corpus in 11 years for your son's education.

Retirement (23 Years): You aim to retire comfortably at 60 (23 years from now).

Investment Strategy:

Diversification is Key: Don't put all your eggs in one basket. Spread your Rs. 23 lakh investment across different asset classes to manage risk.

Consider a CFP: Consulting a Certified Financial Planner (CFP) is recommended. They can assess your risk tolerance, income, and create a personalized plan.

Potential Asset Allocation:

Equity Funds (SIPs & Lump Sum): Invest a portion in diversified equity mutual funds (SIPs and lump sum) for potentially higher growth over the long term. Actively managed funds involve experienced fund managers who try to pick stocks to outperform the market. Actively managed funds come with higher fees compared to passively managed funds.

Debt Funds (SIPs): Invest another portion in debt funds (SIPs) for stability and regular income. This could help meet your son's education needs closer to the time.

Gold (Small Portion): Consider a small allocation to gold for portfolio diversification.

Benefits of SIPs:

Rupee-Cost Averaging: SIPs help you invest regularly and benefit from rupee-cost averaging, potentially reducing the impact of market volatility.
Here's a simplified example (not a recommendation):

Equity Funds (60%): Invest 60% in a mix of Large-Cap and Multi-Cap equity funds (SIPs and lump sum).

Debt Funds (30%): Invest 30% in debt funds (SIPs) with a maturity horizon aligned with your son's education goal.

Gold (10%): Invest 10% in gold ETFs or Gold Savings Funds.

Remember:

Review Regularly: Review your portfolio (at least annually) with your CFP to ensure it remains aligned with your evolving goals.

Emergency Fund: Maintain an emergency fund with 3-6 months of living expenses in easily accessible savings.

Long-Term View: Focus on the long term for your goals. Equity markets can be volatile in the short term.

By consulting a CFP and implementing a diversified investment strategy, you can increase your chances of achieving your financial goals for your son's education and a comfortable retirement!

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2611 Answers  |Ask -

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

Asked by Anonymous - Dec 02, 2023Hindi
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Money
I am 55 years of age and have 10 lakh in equity 2lakh in nifty and mf and 2 crore in pf. I want 2lakh post retirement
Ans: Planning for Your Retirement: Reaching Your Rs. 2 Lakh Monthly Goal
That's a fantastic question! Having Rs. 2 crore in your PF puts you in a good position for retirement. Here's how to potentially achieve your Rs. 2 lakh monthly goal:

Current Portfolio:

Strong PF Corpus: Your Rs. 2 crore PF corpus is a great foundation for retirement income.

Equity Investments: Your investments in equity and Nifty mutual funds have growth potential but also come with risk.

Estimating Retirement Income:

PF Pension: You can expect a monthly pension from your PF contributions. A CFP can help estimate the amount.

Investment Income: Your equity investments could generate income through dividends or capital appreciation. However, returns cannot be guaranteed.

Reaching the Rs. 2 Lakh Goal:

Bridging the Gap: There might be a gap between your estimated retirement income and your Rs. 2 lakh monthly goal.

Planning & Professional Guidance: Consulting a Certified Financial Planner (CFP) is recommended. They can assess your situation and suggest strategies to bridge the gap.

Potential Strategies:

Retirement Planning Tools: CFPs can use retirement planning tools to estimate your future income needs and suggest how to reach your Rs. 2 lakh goal.

Systematic Withdrawal Plan (SWP): A CFP can recommend creating an SWP from your existing investments to generate a regular income stream.

Additional Investments: They might suggest investing a portion of your equity corpus into debt funds for stability and regular income.

Remember:

Investment Horizon: Consider how long you plan to invest before needing the income. A longer horizon allows for potentially higher returns but also comes with higher risk.

Review and Adjust: Your retirement plan needs to be reviewed and adjusted periodically (at least annually) to reflect changes in your life and market conditions.

By consulting a CFP, you can create a personalized retirement plan that increases your chances of achieving your Rs. 2 lakh monthly goal!

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2611 Answers  |Ask -

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

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I get long term benefit of Rs 1.46 lakh and short term benefit of Rs 48000/-.can I over Rs 50000/- in ELSS mutual fund to save long term capital gain tax in long term benefit of profit?
Ans: Looking to save tax on your long-term capital gains is a smart financial decision! Here's how ELSS (Equity Linked Saving Scheme) funds can help:

ELSS and Long-Term Capital Gains:

Tax Exemption: ELSS investments offer tax exemption up to Rs. 1.5 lakh under Section 80C.

Long-Term Benefit: If you hold your ELSS units for over one year, gains exceeding Rs. 1 lakh are taxed at a concessional rate of 10%.

Your Scenario:

Long-Term Gain: Your Rs. 1.46 lakh long-term gain can potentially be exempt from tax if invested in ELSS before the end of the financial year.
Using ELSS to Offset Gains:

Amount to Invest: While you can invest any amount in ELSS, to offset your entire gain, you'd need to invest an amount that after considering expense ratio (fund fee) leaves you with Rs. 1.46 lakh. A Certified Financial Planner (CFP) can help calculate the exact amount.
Important Reminders:

Lock-in Period: ELSS comes with a 3-year lock-in period. You cannot withdraw your money before that.

Market Volatility: Equity markets are volatile. Invest for the long term (5+ years) to ride out market fluctuations.

Benefits of Consulting a CFP:

Investment Strategy: A CFP can assess your risk tolerance and financial goals and suggest a suitable ELSS fund or a combination of funds for your investment.

Portfolio Review: They can review your existing investments and recommend how ELSS can fit within your overall portfolio strategy.

ELSS is a great tax-saving tool, but remember, it's also an equity investment. Consider consulting a CFP to ensure it aligns with your financial goals!

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2611 Answers  |Ask -

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

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I want 1 crore for corpus. I invest monthly SIP 30000/- . Pls suggest best fund.
Ans: the best fund for you depends on several factors, including:

Investment Horizon: How long do you plan to invest until you need the Rs. 1 crore? A longer timeframe allows for more aggressive investments with higher growth potential but also higher risk.
Risk Tolerance: How comfortable are you with potential losses? Lower risk tolerance suggests a more conservative portfolio with a larger debt allocation.
Financial Goals: Is this Rs. 1 crore for retirement, a child's education, or another goal? Your goals will influence your investment strategy.
Here's what I can recommend:

Consult a Certified Financial Planner (CFP): A CFP can consider your unique circumstances and create a personalized investment plan to achieve your Rs. 1 crore goal.

Consider a Diversified Portfolio: Don't put all your eggs in one basket. A diversified portfolio with a mix of asset classes (equity, debt, etc.) can help manage risk. Actively managed funds involve experienced fund managers who try to pick stocks to outperform the market. Actively managed funds come with higher fees compared to passively managed funds.

Start an SIP in Equity Funds: If you have a long investment horizon and a moderate risk tolerance, consider a Systematic Investment Plan (SIP) in diversified equity mutual funds. SIPs help you invest regularly and benefit from rupee-cost averaging.

Here's an example (not a recommendation):

Invest in a Multi-Cap Fund (SIP): A Multi-Cap Fund invests across market capitalizations (large, mid, small).

Invest in a Flexi-Cap Fund (SIP): A Flexi-Cap Fund allows the fund manager more flexibility in choosing companies across market capitalizations.

Invest in a Debt Fund (SIP): A Debt Fund provides stability and regular income.

Remember:

There's no guaranteed path to Rs. 1 crore. Investment markets are volatile, and returns cannot be guaranteed.

Review Regularly: Review your portfolio (at least annually) with your CFP to ensure it remains on track.

By consulting a CFP and building a diversified portfolio, you can increase your chances of achieving your Rs. 1 crore goal!

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2611 Answers  |Ask -

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

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I am 61 years retired person, majority of retirement funds invested in FDs and have MF investment in few funds. Iam getting pension required for maintenance as of now. Parakh Parikh Flexi Fund (Balance Rs.3 lakh with monthly SIP of Rs 2500/-, other than this, I have SBIMF Small Cap Rs.5 lakh, SBI Bluechip 3.50 lakh, Sundaram Midcap 2 lakh, Nipon India Largecap Rs. 2 lakh, ICICI Prudential Infrastructure Rs. 2 lakh, Bandhan Infrastructure Rs. 2 lakh. Contrubuting Rs. 50,000/- pa in NPS for tax purpose. Please guide
Ans: That's a great question, sir! You've made smart choices by investing in FDs for safety and some MFs for growth. Here's a breakdown of your portfolio and some suggestions:

Current Portfolio Mix:

Large Focus: A significant portion is in large-cap funds (SBI Bluechip, Nippon India Largecap) offering stability but potentially lower growth.

Small & Mid-Cap Exposure: You have exposure to small-cap (SBI Small Cap) and mid-cap funds (Sundaram Midcap) which can offer higher growth potential but also come with higher risk.

Infrastructure Focus: Investments in ICICI Prudential Infrastructure and Bandhan Infrastructure provide exposure to a specific sector.

Flexi-Cap Fund: Parag Parikh Flexi Cap offers diversification across market capitalizations.

Potential for Improvement:

Review Asset Allocation: Consider consulting a Certified Financial Planner (CFP) to assess your risk tolerance and adjust your asset allocation (mix of investments) if needed. They can help ensure a balance between stability (debt) and growth (equity).

Sector Concentration: Consider reducing your exposure to the infrastructure sector if a large part of your portfolio is already there. Diversification helps manage risk.

Review Fund Performance: Review the performance of your existing funds. A CFP can help analyze their performance and suggest replacements if necessary.

Benefits of a CFP:

Personalized Plan: A CFP can create a personalized investment plan considering your retirement goals, risk tolerance, and existing investments.

Ongoing Monitoring: They can monitor your portfolio and recommend adjustments as your needs evolve.

Your NPS contribution is commendable! It provides tax benefits and some retirement income.

Remember:

Risk Tolerance: As a retiree, your risk tolerance might be lower. A CFP can help adjust your portfolio accordingly.

Regular Review: Review your portfolio (at least annually) with a CFP to ensure it remains aligned with your goals.

By consulting a CFP, you can potentially optimize your portfolio for stability, growth, and income needs during your retirement!

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2611 Answers  |Ask -

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

Asked by Anonymous - Apr 15, 2024Hindi
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Money
Quant value fund or quant infrastructure fund advisable to invest war time
Ans: Wartime can be a challenging time for investors. Here's a breakdown of Quant Value Fund and Quant Infrastructure Fund to help you decide which might be more suitable:

Understanding the Options:

Quant Value Fund: This fund focuses on undervalued stocks, aiming to buy them at a discount and potentially benefit when their prices rise.

Quant Infrastructure Fund: This fund invests in companies related to infrastructure development (roads, bridges, etc.). Infrastructure projects might be less affected by war compared to other sectors.

Wartime Considerations:

Market Volatility: Stock markets can be very volatile during wartime. Both Quant Value and Quant Infrastructure Funds could experience price fluctuations.

Economic Uncertainty: Wars can create economic uncertainty, impacting both stock and infrastructure sectors.

Potential Advantages of Quant Value Fund:

Long-Term Growth: Value investing focuses on long-term potential. If the war resolves and the economy recovers, undervalued stocks could see significant growth.
Potential Advantages of Quant Infrastructure Fund:

Defensive Investment: Infrastructure projects are often considered essential and might be less impacted by short-term disruptions.
Important Note:

No Guarantee of Performance: Past performance is not necessarily indicative of future results. Both funds could experience losses during wartime.
Recommendation:

Seek Professional Guidance: Consulting a Certified Financial Planner (CFP) is highly recommended. They can assess your risk tolerance, investment goals, and existing portfolio to suggest the most suitable option during wartime.
Additional Considerations:

Diversification: Consider diversifying your investments beyond just Quant funds. This can help mitigate risk during volatile times.

Long-Term Focus: Maintain a long-term perspective. While wartime can create short-term challenges, markets tend to recover over time.

Remember:

Wartime is unpredictable. Investing during such periods comes with inherent risks.

Professional guidance is valuable. A CFP can help you navigate these uncertainties and create a sound investment strategy.

By seeking professional advice and potentially diversifying your portfolio, you can potentially make informed investment decisions during this challenging time!

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2611 Answers  |Ask -

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

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I have invested rs 5 lac in axis tax saver direct growth on 10th april.is it a good fund and can i tansfer to direct IDCW plan.
Ans: That's a great question! Investing Rs. 5 lakh in Axis Tax Saver Direct Growth on April 10th shows initiative. Here's a breakdown of your current fund and the pros and cons of Direct vs. Regular Mutual Fund investment plans:

Axis Tax Saver Direct Growth:

Reputable Fund House: Axis Mutual Fund is a well-established fund house.

Tax Benefits: ELSS (Equity Linked Savings Scheme) funds offer tax deductions under Section 80C.

Direct Plan: You've chosen a Direct Plan, which has a lower expense ratio (fee) compared to a Regular Plan. However, there are some trade-offs to consider:

Disadvantages of Direct Plans:

No Advisor Guidance: Direct plans don't involve a distributor or advisor. You'll need to do your own research and choose funds.

Limited Support: There might be limited hand-holding or investment guidance compared to a Regular Plan.

Portfolio Management: The responsibility of monitoring your portfolio and making adjustments falls on you.

Benefits of Regular Plans (through a Mutual Fund Distributor - MFD):

Personalized Advice: An MFD can assess your risk tolerance and goals, recommending suitable funds.

Ongoing Support: They can provide ongoing support, answer your questions, and help navigate market fluctuations.

Convenience: They handle paperwork, account opening, and transactions, saving you time.

MFD with CFP Qualification:

Expert Guidance: Consider an MFD with a Certified Financial Planner (CFP) qualification. They have advanced financial planning knowledge and can create a personalized investment plan for you.
Considering Transfer to IDCW Plan:

Exit Load: Check if Axis Tax Saver Direct Growth has an exit load (fee for exiting within a specific period).

Similar Investment Style? Ensure the IDCW plan has a similar investment style and tax benefits as your current fund.

Review Both Funds: Research both Axis Tax Saver Direct Growth and the IDCW plan to compare their performance and investment strategies.

Remember:

Long-Term View: Focus on your long-term investment goals. Equity markets can be volatile in the short term.

Diversification Matters: Consider if this ELSS fund fits with your overall asset allocation (mix of investments).

By potentially consulting an MFD-CFP, you can gain valuable guidance and build a portfolio aligned with your goals, even if you decide to stick with your Direct Plan!

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2611 Answers  |Ask -

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

Asked by Anonymous - Apr 14, 2024Hindi
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I am 32 and wants to initiate SIP amounting INR 15000-20000 per month . Can you guide me how to initiate this , it will be for long term min. next 10-15 year . My goal is to have decent savings and funds for my just born baby future
Ans: Starting SIPs for You & Your Little One: A Smart Move!
Congratulations on becoming a parent and thinking about your future! Starting a SIP (Systematic Investment Plan) of Rs. 15,000-20,000 per month is a fantastic decision for your long-term goals (10-15 years). Here's how to get started and some tips:

Choosing a Platform:

Multiple Options: You can invest in SIPs through various platforms:
Mutual Fund Distributor (MFD) with a CFP: Get personalized advice and invest through their platform.
Online Investment Platforms: Invest directly on user-friendly platforms.
Benefits of Each Platform:

MFD-CFP: They assess your risk tolerance, goals, and recommend suitable funds. They can also help choose an online platform.
Online Platforms: Convenient and offer a variety of investment options.
Initiating Your SIP:

Simple Process: Once you choose a platform and funds, setting up an SIP is straightforward.

Automated Investment: SIPs automatically deduct a fixed amount from your bank account every month, ensuring disciplined investing.

Investing for Your Child:

Separate SIP: Consider a separate SIP for your child's future goals (education, etc.). A CFP can help choose child-specific plans.
Remember:

Start Early: The power of compounding can significantly grow your investments over time. 10-15 years is a great investment horizon.

Diversification is Key: Invest in a mix of equity and debt funds to balance growth potential with stability. Actively managed funds involve experienced fund managers who try to pick stocks to outperform the market. Actively managed funds come with higher fees compared to passively managed funds.

Review Regularly: Review your SIPs (at least annually) with your MFD-CFP to ensure they remain aligned with your evolving goals.

Congrats on taking charge of your finances! SIPs are a powerful tool to build wealth for you and your child's future.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

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

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