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Anu Krishna |879 Answers |Ask -Follow

Relationships Expert, Mind Coach - Answered on May 03, 2024

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

Asked by Anonymous - Apr 28, 2024Hindi

Relationship

I am eldest among my siblings and my father was not a family man. He never felt responsible for family. I studied, got job , married two sisters entirety out of my money. I entirety funded my younger brother studies and gave money monthly till he got job at 30 years of age. But after he got job, behavior of family started changing. I never expected anything in return, whatever I did for my family was out of feeling of responsibility. I felt cheated at the end because even my mother behavior changed after my brother got job. Now I don't feel attached to my family. How to handle this as now I don't want to be used.

Ans: Dear Anonymous,
Commendable!
You have done all that you could for your family...now STOP...
It's time to live your life on your terms. Enjoy this phase as one when people are leaving you alone to find yourself, find what you love and what you wish to do. So, do just that!
Someday your family will come to their senses and integrate with you again. Till then, take time off for yourself without the responsibilities of anyone on you. Make the best of what IS...

All the best!

RelationshipReply

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Anu Krishna |879 Answers |Ask -Follow

Relationships Expert, Mind Coach - Answered on Aug 18, 2023

Asked by Anonymous - Aug 13, 2023Hindi

Relationship

My age is 42 years now. I am an elder son in my family, then my sister and two younger brothers. My father was a clerk in state govt. office. Being an elder son I did all my duties at par with my father. I spent my entire 9 years’ salary on my family, it includes sister marriage, brothers education (Engineering/Polytechnic), their coaching for competitive exams, books other monthly expenses. Under my guidance they both got job. I also performed co-applicant to Education loan to one of my brother. But now my father, mother and brothers betrayed (Beyimaan). Because my younger brother’s wife was selected in state govt. job and my wife is not employed. They kicked off us from their house. All it happens like TV serial. Now my wife also get job in central government under my guidance. My family member also did same with my younger brother and kicked - off them also. Now they ask me to live with them. I am very much in stress. I want to totally detach with my family. I want to close my all relationships with them. I also don’t want my father’s property. But every now and then they call me. They never help me. We live in same city. Please help me out. I don’t want to be part of B. P. and Sugar patient. I want to be a Vinod Khanna dialogue Parva Nahi from film Dayavan.

Ans: Dear Anonymous,
Time for you to do things for yourself! It may seem selfish at the beginning but taking care of yourself and your needs is self-care above everything else...
For once put your needs before everyone else's and resist any sort of manipulation from family. Serving themselves was their agenda at your expense; why still allow it?
Firmly refuse moving in with them as it won't take them long before they kick you out when things are not in their favour. You have the ability to be by yourself and support yourself...maintaining a healthy distance in fact helps relationships grow stronger. So, time for you to be kind to yourself...

All the best!

Kanchan Rai |189 Answers |Ask -Follow

Relationships Expert, Mind Coach - Answered on Oct 03, 2023

Asked by Anonymous - Oct 02, 2023Hindi

Relationship

I'm 27 year old female eldest in family, I was brought up by my grandparents and parents who always told me I need to be good at studies get a job earn well. I did whatever was asked I taught myself to be 'good girl'. But my siblings rebelled and they don't do anything listen to elders and still get away with everything, but they get treated the same way, they get same affection, all their demands are met, while I was their age I was made to earn whatever I wished for and even constantly told no. Now my whole life feels pointless, since all the principles I was taught made my life miserable and I feel like loser. I am not able to appreciate life. Nothing makes me happy, I don't feel like doing anything, whatever I do feels like a chore that I am doing for others. I just wish I die so that I don't have to keep living like this.

Ans: Dear Anonymous,
I'm really sorry to hear that you're feeling this way, but it's important to remember that you're not alone in experiencing these feelings. Many people go through similar struggles, and it can be helpful to talk about your emotions and seek support. Here are some steps you can consider:

Talk to a Therapist or Counselor: Speaking to a mental health professional can be incredibly beneficial. They can help you explore your feelings, provide guidance on coping strategies, and assist you in finding a sense of purpose and happiness.
Express Your Feelings: Don't keep your feelings bottled up. Share your concerns and frustrations with trusted friends or family members who may be understanding and supportive.
Self-Reflection: Take some time to reflect on your own desires and what truly makes you happy. It's essential to prioritize your own needs and goals, rather than solely conforming to the expectations of others.
Set Realistic Expectations: Understand that everyone's path in life is different. Comparing yourself to your siblings or anyone else can lead to unnecessary stress and unhappiness. Focus on your own journey.
Seek New Experiences: Sometimes trying new things and stepping outside your comfort zone can help you discover what brings you joy and fulfillment. This could involve pursuing new hobbies, interests, or career opportunities.
Practice Self-Care: Make self-care a priority. Engage in activities that bring you peace and relaxation, such as meditation, exercise, or spending time in nature.
Find Your Passion: Discover what truly excites you and gives you a sense of purpose. It might involve exploring different career paths or pursuing further education in a field you're passionate about.
Set Small Goals: Break down your long-term goals into smaller, manageable steps. Achieving these smaller milestones can give you a sense of accomplishment and motivation.
Challenge Negative Thoughts: Challenge and reframe negative thoughts. Cognitive-behavioral techniques can help you change your perspective on life and your own worth.
Seek Support Groups: Consider joining support groups or communities where you can connect with others who may be going through similar experiences. Sharing your journey with others can be empowering.
Remember that it's okay to seek help and take the time you need to find your path to happiness. Your life is not defined solely by the expectations placed on you in the past, and you have the power to shape your own future.

Anu Krishna |879 Answers |Ask -Follow

Relationships Expert, Mind Coach - Answered on Mar 21, 2024

Question by sk - Mar 18, 2024Hindi

Relationship

My father & uncle started business 50 yrs back. I have joined 30yrs back. I kept working from 9 am to 5 pm under Uncle. Now around 2011 ,Uncle son joined .Till then everything was alowed & fine except core part was not allowed to handle by Uncle.After 2011, slowly my cousin started taking operations of factory under him . When I protested ,Uncle used to say he will see ,but did nothing about that. AlthoughUncle is genius as well as my Father ,but my Confidence started tumbling after 2019. When his son (lets say A) made whole work force according to him & I was cornered .As challenge I in 2020 started some operations to complete production & it run well until 2022. But they (Factory staff) introduced as if I was buyer of those components. It kept on untill uncle showed the debt as in lacs for me while he getting all support for his production from Everyone &My father tensed but doesnot retaliate. What should I do?

Ans: Dear SK,
Well, you need to build your territory and being a family business, boundaries have never been clear...It seems obvious that your uncle favors his son over you and your father does not want to ruffle feathers by standing up for you...then you stand up for yourself.
What position that you have earned through your hard work must be acknowledged...if it isn't and it's going to lead to a family rift, then maybe it's time for you to build something for yourself by expanding the business within or outside. It is difficult to balance relationships within the family and at work; somewhere emotions come in the way of doing what is right and just. So, play it safe and start looking at how you can expand your work profile and enhance what you can bring to the business exclusively through your skill sets. This helps pass a message down the organization as to you being an expert in that particular area. If this fails, well...let yourself shine where you can and must...

All the best!

Kanchan Rai |189 Answers |Ask -Follow

Relationships Expert, Mind Coach - Answered on Apr 30, 2024

Asked by Anonymous - Apr 30, 2024Hindi

Relationship

Dear Madam, Iam a 45 year old woman. Ever since I was a kid I had went through lot of bullying by my rekatives for the way I look but my parents never supported me in any way instead found fault in ne for complaining but would always support my younger brother. Somewhere down the line I thought this was all I deserved and let oeople walk all over me without standing up for myself. Now that Iam a mother myself of a 15 year old kid with dyskexia, i have sacrificed my career fir his sake and still get bullied by my relatives dir being a useless house wife. I have started drawing boundaries around me to protect my mental sanity and allow only few people in it which invludes a small group of friends and my son and husband. I avoid making new friends. I have also stopped attending any social events that involves my relatives. Meanwhile I have started deeply resenting my parents who want ne to take care of them but openly favour my brother who lives abroad. I have taken care of them everytime they require neducal treatments yet my father openly says that he plans to give all his property to my brother who is never coming back. Its not about the money here but the apathy they have towards me that kills me from inside. I have tried to talk to them multiple times but each time my mother creates a scene and puts the enture blame on me. For once in my life i want my parents to love me unconditionally the way I do with my son. Am i wrong to expect that? This is causung lot of health issues in me. Please advise.

Ans: First and foremost, it's crucial to recognize that your feelings are valid. It's natural to want love and support from your parents, especially after all you've done for them. It's not wrong to expect unconditional love from your family; however, sometimes, unfortunately, families can be complex and dysfunctional, and our expectations may not always be met.

Drawing boundaries and prioritizing your mental health and well-being is a positive step. It's essential to protect yourself from toxic relationships and environments, even if it means distancing yourself from certain family members. Surrounding yourself with supportive friends and loved ones, like your son and husband, is vital for your emotional health.

Regarding your parents, it's clear that their behavior is hurtful and unjust. It's understandable that you would feel hurt and resentful toward them, given their favoritism towards your brother and lack of appreciation
for your sacrifices and care. However, it's also essential to recognize that you cannot control their actions or attitudes. You can only control how you respond to them.

While it's challenging, try to approach conversations with your parents from a place of empathy and understanding. Express your feelings calmly and assertively, focusing on how their actions make you feel rather than blaming them. It's possible that they may not even realize the extent of the hurt they're causing you. However, it's also essential to set realistic expectations. If your parents continue to be unsupportive or dismissive, it may be necessary to limit your interactions with them for the sake of your own well-being.

Remember to prioritize self-care and seek support from a therapist or counselor if you're struggling with your mental health. It's okay to seek professional help to navigate through these difficult emotions and experiences. You deserve love, respect, and validation, and it's essential to surround yourself with people who uplift and support you.

Lastly, continue to cherish the love and bond you have with your son and husband. They are your pillars of support, and together, you can navigate through these challenges. You're stronger than you realize, and you have the power to create a fulfilling and loving life for yourself, regardless of the negativity from others.

Anu Krishna |879 Answers |Ask -Follow

Relationships Expert, Mind Coach - Answered on May 15, 2024

Asked by Anonymous - May 13, 2024Hindi

Relationship

I am 33 yrs old, recently lost my loving husband of 35yrs old to a sudden massive heart attack. Since we had a loving bond in my in laws family, and they didnt want to go back to their village, i offered them to shift the rented apartment, to a place closer to my maternal housez wo that i can live with my own parents and be close to them as well and keep visiting on and off. I have a brother in law, same age as me, who left his job son after his brothers death, in pretext of studying for exam. I supported him saying its ok . Ill find a job and pay the rent till you get a job for urself after your exams and offered to pay 50-50 rent, for the house i wont even live in. My maternal family was not fond of this, but still supported me, knowing my good intentions.With time their thoughts changed or what i dont know, his brother doesnt study at all, and emotionally harasses mw saying you told you will take full responsibility and now you are backing off. His parents on the other hand insulted and accused my parents for trying to take the money of life i surance which is in wife's name. They feel they have right on all the claim amount that I (his wife) is nominee off and that me and my family wither changed the nominee name after my husband's death or when he was alive, tactfully forced him to put my name as nominee. I lost respect for all the three. I would have even given all the money to them, but now, i cant take their insults and false accusations any more. Even tried explaining them in a family meeting. But in vain. If anything, they start crying and showing that how their loss is bigger than mine and how we are being such vultures ...although i understand their loss, but they ought to know my loss is same ,if not less. Should i not stand up for my parents and myself? His brother does not want to take any responsibility and shamelessly tried to emotionally torture me into apting their rent and giving all that my husband has left in my name (ps. Its not a big amount ) but still, its not about the money for me...its about the trust and how little they think of me. What do you think should i be doing? I gave his brother a mouthful the other day and blocked his number, as he was continuously sending me msgs and torturing me . He is the kind of guy whonwould have fed on his brother his whole life, had he been alive.

Ans: Dear Anonymous,
I am so sorry for your loss!
But you have not understood why drawing of boundaries is important to keep any relationship healthy. By opening up yoour space, you have allowed people to take advantage of your niceness and now they have turned the tables on you making you look like a villain.
If you had to advice a dear female friend, what would you tell her? To keep giving into her in-laws drama or to draw the line, protect what is rightfully hers and move on with dignity ignoring such people?
What would you say to her? Follow your own advice; you don't owe anyone anything and you were just trying to be nice and they could not see that in all their immaturity. Maybe it's their grief speaking BUT if they are still going to rain hell on you; draw that boundary now and save your peace of mind...Please!

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

Latest Questions

Ramalingam Kalirajan |2531 Answers |Ask -Follow

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

Asked by Anonymous - May 18, 2024Hindi

Money

Hi...I am planning to invest in SIP through Groww app..need some inputs on how reliable and advisable it is to invest through app since SIPs typically run for long term(15-20 yrs). This tomorrow if this app goes away then how would I manage my SIPs (top ups or withdraw etc..).. Thanks in advance!!!

Ans: Evaluating the Reliability of Investing Through Groww App
Investing through mobile apps like Groww has its advantages, but it's crucial to consider the potential drawbacks, especially for long-term investments like SIPs.

Convenience vs. Reliability
Accessibility and Convenience
Apps like Groww offer unparalleled convenience, allowing you to invest anytime, anywhere, with just a few clicks.

Reliability Concerns
However, relying solely on app-based platforms for long-term investments may pose risks, particularly if the app faces technical issues or ceases operations in the future.

Safeguards and Contingency Plans
Regulatory Compliance
While Groww may comply with regulatory requirements, the absence of a physical presence may make it challenging to address issues promptly.

Contingency Plans
Investors should develop contingency plans to manage their SIPs effectively in case the app becomes inaccessible or shuts down unexpectedly.

Portfolio Management and Monitoring
Long-Term Commitment
Managing SIPs for 15-20 years requires consistent monitoring and strategic adjustments, which may be challenging through app-based platforms alone.

Professional Guidance
Mutual Fund Distributors (MFDs) with CFP credentials offer personalized advice and ongoing support, ensuring that your investment strategy remains aligned with your long-term goals.

Disadvantages of App-based Investing
Dependency on Technology
Relying solely on app-based platforms exposes investors to the risk of technological glitches or disruptions, potentially impacting their investment journey.

Limited Support
While apps like Groww may offer customer support, it may not match the level of assistance and expertise provided by MFDs.

Benefits of Regular Funds through MFDs
Personalized Guidance
MFDs offer personalized guidance tailored to your financial objectives, ensuring that your investment strategy remains on track.

Flexibility and Accessibility
Investors can access a wide range of investment options and receive timely assistance from MFDs, enhancing their investment experience.

Conclusion
While app-based platforms like Groww offer convenience, it's essential to recognize the limitations and risks associated with long-term investments like SIPs. Partnering with a Certified Financial Planner and leveraging the expertise of Mutual Fund Distributors can provide the necessary support and guidance to navigate the complexities of long-term investing effectively.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Ramalingam Kalirajan |2531 Answers |Ask -Follow

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

Asked by Anonymous - May 13, 2024Hindi

Money

I am 39 years old earning a monthly salary of 1.20 Lakhs. My investment as on date is PF of Rs. 18 Lakhs, Mutual funds Rs.19 Lakh and Shares of Rs. 8 Lakh. I have covered myself with endowment policy of Rs. 13 Lakhs. I also have a home loan of Rs.75 Lakhs and the repayment will start from Oct 2025. I have covered my life against the loan availed with a term insurance. It’s an under construction flat. Currently I am investing 40k in SIP and 5k in Vol PF. My daughter is 9 years old and in 5th standard. I have 21 years of service left. I am looking for a corpus of 1.5 to 3 crore in the next 5 years and also to close my loan in the next 15 years. At the age of 60 I must be debt free and earning monthly income of at least a Lakh. Please advice. My wife 33 years is also employed she is also earning Rs. 90k per month.

Ans: Crafting a Comprehensive Financial Plan
You've laid out some clear objectives for your financial future, and I'm here to help you navigate the path towards achieving them.

Current Financial Snapshot
Assets
You've made significant investments in PF, mutual funds, and shares, providing a solid foundation for wealth accumulation.

Liabilities
Your home loan presents a sizable debt, but with a structured plan, it can be managed effectively.

Retirement Planning
Corpus Target
Your goal of building a corpus of ?1.5 to ?3 crore in the next 5 years is ambitious yet attainable with disciplined saving and strategic investing.

Investment Strategy
Consider diversifying your investment portfolio further to optimize returns while managing risk effectively.

Loan Repayment Strategy
Loan Closure
Targeting to close your home loan in the next 15 years is a prudent approach to achieving debt-free status by age 60.

Accelerated Payments
Explore options to increase your EMI payments or make lump-sum prepayments whenever possible to reduce the loan tenure and interest burden.

Income Generation
Monthly Income Goal
Aiming for a monthly income of at least ?1 lakh by age 60 requires careful planning and investment in income-generating assets.

Dividend Income
Consider investing in dividend-paying stocks or mutual funds to supplement your income stream.

Education Planning
Daughter's Education
With 21 years of service left, prioritize investing in education funds or SIPs to secure your daughter's future educational needs.

Insurance Coverage
Ensure adequate life and health insurance coverage for yourself and your family to safeguard against unforeseen circumstances.

Collaborative Financial Management
Spousal Contribution
Leverage your wife's income to boost your joint savings and investment efforts, enhancing your financial security collectively.

Joint Planning
Work together to align your financial goals, investments, and savings strategies, maximizing efficiency and effectiveness.

Conclusion
With a well-crafted financial plan tailored to your aspirations and circumstances, you can confidently work towards achieving your goals of wealth accumulation, debt freedom, and financial security for yourself and your family.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Anu Krishna |879 Answers |Ask -Follow

Relationships Expert, Mind Coach - Answered on May 18, 2024

Asked by Anonymous - May 17, 2024Hindi

Relationship

My wife doesn't respect me at all. She scolds me for no reason. She is always silent without any smile on her face. What should I do. It is impacting my personal life and mental balance

Ans: Dear Anonymous,
Possible that the two of you have forgotten the joys of what can and togetherness can bring in?
Maybe you can try and recreate the moments of happiness and lighter moments and live them all over again. It takes one small reason to smile and be happy all over again BUT there must be an effort in that direction.

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

Anu Krishna |879 Answers |Ask -Follow

Relationships Expert, Mind Coach - Answered on May 18, 2024

Asked by Anonymous - May 16, 2024Hindi

Relationship

Hi my husband cheated on me and for past 3 yrs due to family pressure i forgive him for kids sake, now i came to know that he has child with that women. Now what to do. I am not able to concentrate on any work i always will be thinking about that and crying. I have two school going kids. What to do i dnt have job and how should get rid of this?

Ans: Dear Anonymous,
This is not something pleasant to hear or for you to face. Now that he has two families, your husband has put himself in a situation where he has to choose between two families. You might get a response from him where he will be comfortable with what is happening and he will not want to choose and will want you to simply accept the way things are.
Now, the choice will be yours as to what you want. If you ask people around you, they will advice you according to their beliefs in this matter as they will not be able to understand how these decisions affect you or the children.
So, sit calmly and decide...consider finances, children and the future while making a decision. Involve an elder member of the family who can support you without themselves into the situation.
This is the time for you to be strong and not break down...It's about stretching yourself to a place that when you make a decision one way or the other, you feel the strength of mind to face what comes after that...

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

Ramalingam Kalirajan |2531 Answers |Ask -Follow

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

Question by Kiran - May 18, 2024Hindi

Money

Saving plan at age of 41

Ans: Crafting a Savings Plan at 41
At 41, it's important to have a solid savings plan in place to secure your financial future. Let's outline a comprehensive strategy tailored to your needs.

Assessing Financial Goals
Short-Term Needs
Identify short-term financial goals such as emergency funds, upcoming expenses, and debt repayment.

Long-Term Objectives
Consider long-term goals such as retirement planning, children's education, and wealth accumulation.

Establishing a Budget
Track Expenses
Analyze your current spending habits to identify areas where you can cut back and redirect funds towards savings.

Set Priorities
Allocate a portion of your income towards savings, ensuring you prioritize essentials while still allowing for discretionary spending.

Building an Emergency Fund
Financial Safety Net
Set aside funds equivalent to 3-6 months of living expenses to cover unforeseen emergencies like medical expenses or job loss.

High Liquidity
Keep your emergency fund in easily accessible and liquid accounts such as savings accounts or liquid mutual funds.

Retirement Planning
Retirement Corpus
Calculate the amount you'll need for a comfortable retirement and determine how much you need to save each month to reach that goal.

Retirement Accounts
Explore retirement savings options such as Employee Provident Fund (EPF), Public Provident Fund (PPF), or National Pension System (NPS) for tax benefits and long-term growth.

Education Planning
Children's Education
Estimate the cost of your children's education and start investing in education-focused instruments like mutual funds or education savings plans.

Systematic Investment Plans (SIPs)
Consider SIPs in mutual funds with a suitable risk profile and investment horizon to gradually build a corpus for education expenses.

Review and Adjust
Regular Monitoring
Regularly review your savings plan to ensure it remains aligned with your financial goals and make adjustments as needed.

Stay Disciplined
Maintain discipline in sticking to your savings plan, even during times of economic uncertainty or market volatility.

Conclusion
By following a structured savings plan tailored to your financial goals and lifestyle, you can build a strong financial foundation and work towards achieving long-term prosperity and security.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Ramalingam Kalirajan |2531 Answers |Ask -Follow

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

Asked by Anonymous - May 13, 2024Hindi

Money

Hi Team, I am 37 years old and a CTC of 16 lakhs. I am thinking of investing in mutual funds to get 2cr on retirement. Kindly advise which mutual funds i should invest

Ans: Crafting a Mutual Fund Investment Strategy for Retirement
At 37 with a clear financial goal, it's essential to choose mutual funds that align with your risk tolerance and long-term objectives.

Understanding Your Financial Goals
Retirement Corpus
Seeking a ?2 crore corpus for retirement indicates a forward-thinking approach to financial planning and wealth accumulation.

Long-Term Perspective
At your age, you have a considerable investment horizon, allowing you to harness the power of compounding for wealth creation.

Assessing Investment Options
Equity Mutual Funds
Given your long-term goal, equity mutual funds offer the potential for higher returns compared to debt or hybrid funds.

Diversification
Consider diversifying your portfolio across large-cap, mid-cap, and multi-cap funds to spread risk and optimize returns.

Benefits of Active Management
Professional Expertise
Actively managed funds are overseen by experienced fund managers who make strategic investment decisions to maximize returns.

Adaptability
Fund managers can adjust portfolio holdings based on market conditions and capitalize on emerging opportunities for growth.

Disadvantages of Index Funds
Limited Upside Potential
Index funds aim to replicate the performance of a benchmark index, limiting potential for outperformance.

Lack of Flexibility
Investors are tied to the performance of the index and have limited ability to capitalize on market inefficiencies or changing trends.

Choosing Regular Funds Over Direct Funds
Benefits of Regular Funds
Regular funds offer the expertise of Mutual Fund Distributors (MFDs) with CFP credentials who provide personalized advice and ongoing support.

Disadvantages of Direct Funds
Direct funds lack the guidance and assistance of financial professionals, increasing the risk of making suboptimal investment decisions.

Tailoring Your Portfolio
Risk Appetite
Assess your risk tolerance and choose funds that match your comfort level with market fluctuations.

Asset Allocation
Maintain a balanced portfolio by allocating investments across different asset classes to reduce risk and enhance stability.

Conclusion
By investing in actively managed equity mutual funds through a Certified Financial Planner, you can work towards achieving your retirement goal of ?2 crore. Remember to regularly review your portfolio, stay informed about market trends, and adjust your investments as needed to stay on track.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Ramalingam Kalirajan |2531 Answers |Ask -Follow

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

Question by SATISH - May 13, 2024Hindi

Money

I am 50 years and investing 10 K in Nippon Large cap, 15 K in ICICI Blue chip ,5 K in Nippon Multicap and 5 K in HDFC midcap Fund. I am investing since last 10 years. Will I be able to gather 1 Cr corpus when I am 58? Is my investment Ok or shall I switch to some others. I have also 5 L invested in Axis blue chip, stopped SIP two years back ,shall I redeem and invest in some other fund? I have parked 5 L in Nippon liquid fund 3 years back should I continue that or withdraw and do an FD ?

Ans: Evaluating Retirement Corpus and Investment Strategy
At 50, it's crucial to assess your investment portfolio and retirement goals to ensure you're on track to achieve financial security. Let's analyze your current investments and address your concerns.

Retirement Corpus Assessment
Target Goal
Aiming for a ?1 crore corpus by age 58 is an ambitious yet achievable goal with proper planning and strategic investments.

Investment Duration
Investing for 10 years provides a reasonable timeframe to accumulate wealth, but the rate of return and consistency of contributions are key determinants.

Portfolio Analysis
Fund Allocation
Your allocation across large-cap, blue-chip, multi-cap, and mid-cap funds reflects a diversified approach to equity investments, which is commendable for managing risk.

Performance Review
Regularly review the performance of your funds to ensure they align with your investment objectives and consistently outperform their benchmarks.

Decision Making
Switching Funds
Evaluate the performance of your current funds against peer benchmarks and consider switching to better-performing options if necessary.

Axis Blue Chip Fund
Assess the performance of the Axis Blue Chip Fund and consider redeeming or reallocating the investment based on its performance compared to other available options.

Liquid Fund vs. Fixed Deposit
Nippon Liquid Fund
Review the performance and stability of the Nippon Liquid Fund and compare it with the returns offered by fixed deposits to make an informed decision.

Liquidity Needs
Consider your liquidity needs, risk tolerance, and investment horizon before deciding whether to continue with the liquid fund or opt for fixed deposits.

Conclusion
Achieving a ?1 crore corpus by age 58 is feasible with disciplined investing and prudent portfolio management. Regularly assess your investments, seek professional advice if needed, and make informed decisions to optimize returns and work towards your retirement goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Ramalingam Kalirajan |2531 Answers |Ask -Follow

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

Asked by Anonymous - May 11, 2024Hindi

Money

Im 30 years old. I'm having monthly income of 64000. How I can make my investment return to 1 cr at the time of retirement. I have a habit of saving although, I'm not seeing a good future ahead. I have 1 LIC, 1 SIP of 5k, NPS with monthly 7k contribution and some SGB.

Ans: Building a Path to ?1 Crore for Retirement
At 30, you have a significant advantage of time to achieve your financial goals. Let's craft a plan to grow your investments to ?1 crore by the time of your retirement.

Current Investment Portfolio
Life Insurance (LIC)
Your life insurance provides financial protection for your loved ones in the event of unforeseen circumstances.

SIP and NPS Contributions
Your SIP of ?5,000 and NPS contributions of ?7,000 per month demonstrate your commitment to saving for the future.

Sovereign Gold Bonds (SGBs)
Investing in SGBs provides exposure to gold, a valuable asset for portfolio diversification and wealth preservation.

Strategy for Wealth Accumulation
Increase Savings Rate
Consider increasing your monthly savings rate by allocating a higher portion of your income towards investments.

Diversified Portfolio
Explore diversifying your investment portfolio to include a mix of equity, debt, and other asset classes for balanced growth and risk management.

Maximizing Returns
Review and Adjust
Regularly review your investments and make adjustments as needed to optimize returns and stay aligned with your financial goals.

Reinvest Dividends
Reinvest dividends from your investments to take advantage of compounding and accelerate wealth accumulation.

Addressing Concerns
Positive Outlook
While uncertainties may exist, maintaining a positive outlook and focusing on long-term financial planning can help navigate challenges effectively.

Professional Advice
Consider consulting with a Certified Financial Planner to create a comprehensive financial plan tailored to your specific goals and circumstances.

Conclusion
With disciplined saving, strategic investment, and a long-term perspective, achieving a retirement corpus of ?1 crore is feasible. Stay committed to your financial plan, adapt to changing circumstances, and seek professional guidance when needed to ensure a secure financial future.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Ramalingam Kalirajan |2531 Answers |Ask -Follow

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

Question by S - May 14, 2024Hindi

Money

Hi , My age 47 yrs. started SIP in 2010 after watching CNBC TV started with 3000 in 3 fund and increased to 63000 in 16 fund for me and my wife. Accumulated 1 CR. till now. For my son education I Need 25 lac every year for 5 years from next year. I kept 5 lac emergency fund. PPF for family is 1.1 CR. No Fixed deposit. I have adequate Term and health Insurance. Equity 10 lac. Should I withdraw money from MF and put in FD or wait till next year considering volatility in market ?

Ans: Evaluating Options for Funding Son's Education
Congratulations on achieving a significant milestone with your mutual fund investments! Let's assess the best approach for funding your son's education while considering the current market volatility.

Current Financial Position
Investment Success
Accumulating ?1 crore through SIPs demonstrates your disciplined approach and ability to build wealth over time.

Emergency Fund
Maintaining a ?5 lakh emergency fund ensures financial security and provides a safety net during unexpected situations.

PPF Investment
Your substantial PPF investment of ?1.1 crore indicates a long-term savings strategy for future needs.

Funding Son's Education
Financial Requirement
Requiring ?25 lakh annually for your son's education for 5 years presents a significant financial commitment.

Withdrawal Consideration
Evaluate the pros and cons of withdrawing from mutual funds versus maintaining investments given the current market volatility.

Assessment of Options
Pros of Withdrawing from MFs
Immediate access to funds for your son's education without relying on loans or other sources.
Certainty of having the required amount available when needed.
Cons of Withdrawing from MFs
Potential loss of future returns if the market recovers and investments perform well.
Disruption to long-term investment strategy and financial goals.
Considering Market Volatility
Short-Term Impact
Market volatility may affect the value of your mutual fund investments in the short term.

Long-Term Perspective
However, taking a long-term view, historical data suggests that markets tend to recover over time, and staying invested can potentially yield higher returns.

Decision Making
Risk Appetite
Consider your risk tolerance and comfort level with market fluctuations when making the decision to withdraw funds from mutual funds.

Time Horizon
With your son's education starting next year, prioritize liquidity and stability of funds needed for immediate expenses.

Conclusion
While the decision ultimately depends on your individual financial circumstances and risk tolerance, withdrawing funds from mutual funds to finance your son's education may be a prudent choice considering the short time horizon and the certainty of meeting the financial requirement.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Ramalingam Kalirajan |2531 Answers |Ask -Follow

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

Question by Navneet - May 10, 2024Hindi

Money

I am 28 years old currently investing 45000 in mutual funds mostly in midcap and smallcap.Apart from this I am also investing 18000 in NPS. Iam plannimg to retire after 45. Will this be enough for my retirement??

Ans: Assessing Retirement Planning at 28
It's commendable that you're thinking about retirement planning at such a young age. Let's evaluate your current investment strategy and its adequacy for retirement.

Current Investment Strategy
Mutual Fund Investments
Investing ?45,000 monthly in midcap and smallcap mutual funds reflects your appetite for growth and willingness to take on higher risk.

NPS Contributions
Allocating ?18,000 monthly to NPS demonstrates your commitment to long-term retirement planning and availing tax benefits.

Retirement Goal
Retirement Age
Planning to retire at 45 is an ambitious goal, considering the average retirement age in India is around 60-65 years.

Retirement Corpus
To determine if your current investments will suffice, let's assess if they can generate enough income to sustain your lifestyle post-retirement.

Evaluation of Adequacy
Rate of Return
Midcap and smallcap funds have the potential for higher returns but also carry higher volatility and risk. The returns generated by your investments will depend on market performance.

Time Horizon
With 17 years until retirement, you have a relatively long time horizon, which allows for greater risk tolerance and potential for wealth accumulation.

Portfolio Diversification
Consider diversifying your portfolio to spread risk and enhance returns. Including large-cap and balanced funds can provide stability and reduce volatility.

Future Considerations
Regular Review
Continue monitoring your investments regularly and make adjustments as needed to ensure they remain aligned with your retirement goals.

Increasing Contributions
Consider increasing your monthly contributions to both mutual funds and NPS to accelerate wealth accumulation and enhance retirement readiness.

Conclusion
While your current investment strategy shows promise, achieving your retirement goal of retiring at 45 requires careful planning and regular review. By staying disciplined, diversifying your portfolio, and increasing contributions over time, you can work towards building a sufficient retirement corpus.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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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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