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Love Guru   |187 Answers  |Ask -

Relationships Expert - Answered on Jan 09, 2024

Love Guru has been answering relationship and romance related questions on Rediff.com for over 13 years. She won't mince words when telling you what the problem is and what you can do about it. If you want a fresh perspective from an unbiased, objective-thinking individual about your relationship woes, Love Guru could just be the person you need to need to hear from.... more
Asked by Anonymous - Nov 04, 2023Hindi
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Relationship

Dear expert, I am married for last almost 12 years and having a son. It is an arranged marriage. Before getting married, I was informed by my wife's relatives (uncles, aunts, wife's brothers, sister etc) that they do not have any relations with her FATHER as he had abandoned his kids (post-death of her wife and got re-married without family consent). After almost 4 years of our marriage, my wife and her relatives accepted him. Now, my wife has left my house leaving (third time) me and my son but, ready to return with the condition that I and my family MUST accept her father in our life and house else she would not return (emotional blackmailing!). She is planning to forcefully bring her uncles, father and other relatives for a discussion at my home. There is no doubt that I will entertain them or discuss anything with them as her father had abused my entire family in the past. In turn, I have searched a rented house and will shift without any fights with anyone. Am I heading a right direction?

Ans: He is her father. To maintain relations with him or not should be her prerogative, not yours. I can understand that he may have wronged you in the past, but maybe he wants to make amends. Shouldn’t he be allowed an opportunity to do so? Would you cut all ties with your parents at the behest of your wife? I don’t think so. Family ties can be complicated; be the bigger man here, and accept harmony. You don’t have to become his best friend, just be civil and extend the courtesy he deserves as your wife’s father. Your job is to support her, not make life difficult for her. It sounds like she has been through a lot as a child.

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Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Apr 12, 2023

Asked by Anonymous - Apr 06, 2023Hindi
Relationship
Dear Anu I am a 46 year old man .. married for last 16 years... My wife is well educated but a house wife by choice.. I lost my father when i was 18 and had struggled a lot to gain a great life in terms of money, name in my field and satisfaction at work. At home front we live a nuclear family... me, my wife and my 12 year daughter. But after my marriage in 2006 for next 6/7 years we were in joint family. my daughter was born in 2010.. In joint family me, my younger brother his wife and my mother were members... during these years, my wife never got along with my mother, brother and his wife... and also had fights [severe kind] where she accused them for petty reason...she demanded separate house within 3 month of marriage.. but since I was not financially settled so I promised her we will buy own home in course of time... but over these 6&7 years her behavior started really erratic.. she stopped talking to everyone, and keep fighting with all my family. also the house with joint family owned my me and younger brother... she demanded i should sell the house and get my share to buy own house. which i refused as my brother and his family with my mother were also staying there... and while buying it my mother had helped us financially, without having her name as owner. over the period things became really bitter... we also had fights where out of anger I happened to slap her.. but as promised I bought another house [with lot of efforts since i m self employee] within 5/6 years and we shifted to another city around our previous house. but after shifting she had the same temperament. She never got along with me.. Over an argument she would stop talking to me, and when confronted she would mention about my share in old house which i left... she was not happy seeing my brother living in that house with his family and my mother... i told her as promised we bought this house and I haven't withdrew my share in that house.. may be over the year i will take my share as per market value.. but at this point we don't need to do it.. since it will involve a lot of turbulence for my brother, his family and my mother as they were settled there. so I strongly told her she should not think about as she have her house and focus on it. Over these time, we had a very cute daughter... growing.. her schooling started.. i got busy with my work... and my wife by choice chose to be house wife... taking care of house... but she was hell bent on the house issue over selling it and taking my share.. and due to that we had several fights... which became my life miserable. her point was why pay EMI when you can get share and pay off the loans for new house. in these 8/9 years she became bitter person... no ties with my relatives /cousins, no friends, never got along with neighbors... and opposite to that i have very cordial relation with her family, cousins, my family and have great social circle. when my daughter was 10 year old, i was already settled with good career and financial status... i had cleared all the home loan for our new home... i did everything all out to make her happier but her wish to sell that house where my brother with his wife and my mother i didn't take share or sell it.. and she keeps nagging me with that and her temperament getting worst... now she started accusing me for having an affair and threatening me that she will complain police if i argue with her. unfortunately my daughter had to see this... but my daughter is very sorted, focused and a good kid. In last 2 years i managed to buy another house, which is bigger, where we shifted 1.5 years back, she wanted to do a puja and refused to invite anyone from my family.. also bought one more house as investment.. and a farm too as second home... Im very happy and satisfied with my career and other aspects of life... but the bitterness of wife kept on increasing... sometimes i felt she wanted me to fail and she could just take the pleasure of making me feel how she was right.. which never happened.. Now she is completely out of touch with my family... her anger triggers when i speak to my brother , my mom, Now over these years my brother also managed to earn some money and he paid me an amount as part of my share for the house he is living.. which we mutually agreed among us... and i withdrew my name from that property... i informed this to my wife.. first she didnt believe.. and then she was not interested in it.. so basically over these years i managed to fulfil everything what i promised also took my share from the joint house even i was not very happy with that situation. but all these incidences.. my wife became a difficult person to deal with... be it talking a simple conversation or smallest issue.. we don't have any physical relation .... we sleep in different bedrooms.. my wife also became too possessive and control freak with my daughter.. my daughter is 12 now and she retaliate with it.. so even they keep fighting now... me and my daughter have a great bonding... over these period i started feeling that i married a wrong person.. sometimes i think of divorce but i m worried about my daughter.. and also lot other things as im 45 already.. i wont say that i have never done any mistake while these 16 years but i never chose to disconnect with my wife... i worked really hard to earn money to build a good fortune for my wife and daughter... but looks like she doesn't care... and she takes me completely for granted... she thinks i wont leave her and will be stuck around.. i also advised to visit a therapist or counselor... or join a meditation or do anything she likes to do... be it creative or extra curricular.. but she just ignores it... i am into creative field and this domestic chaos sometimes really bothers me. it never effected my work yet but i m worried it might just. Let me know your opinion... if there is something i can do more to help this mess with my wife.
Ans: Dear Anonymous,
Clearly your wife has a streak of wanting people to want her, literally where it comes off as her being possessive of them (I gather this from what you have shared). I only have a one-sided view and don't know fully well why your wife chooses to be possessive.
She does not want to share you or what you earn with your family; it only suggests that she is worried about losing both. It may seem like they are unfounded fears but they exist in real for her.
Obviously your pleas to see a counselor will better her life and it is easier to stay where she is as nothing needs to change. It seems relatively clear that she fears LOSING!
How this got there or did it become even more evident because of the tussles between your family and her; no one knows. You would not completely know what transpired between your wife and your family; but something has triggered within her to hold on to her beliefs.
Anyway, it is difficult to be where you are; but the only way out is to have a person that is neutral to handle this. It could be a mutual friend, a senior member of her side of the family, a person that she idolizes...anyone who can in a very unbiased manner approach the situation and bring out the fears.
In the meantime, you can spend more time with your daughter and give her a sense of protection and care and at the same time ensuring that she empathizes with her mother. Matters like these can go sour overnight and YES, you have held on so long, give it some more time but do facilitate the neutral person to do an Intervention ASAP.

All the best!

..Read more

Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Sep 11, 2023

Relationship
**JAY*JAGANNATH**, Wishing You For **HAPPY*JANMASHTAMI**, I'm based in Mumbai, but lives in Puri, Odisha, because of **LORD*JAGANNATHA**, Since, I'm a Business Analyst,, not yet Started my Practice,, i had a arrange marriage in my own caste with rest was OK, after reading some of Your advises and type of case,, i became enthusiast to know about my personal disturbances in my family. We live Seperate with my Only 18+Son, Studing & Preparing for Entrance Test via Online.., she is in Guwahati,, working under at a Private Retail Management co., ME & MY FAMILY Severally attempted & requested her and her family too, to Come back & Join to my family for living together,, but when failed,, i encourage her OK live there,, as because after failing an attempt of school transfer due to language issue for a subject like Marathi in Upper classes,, Thus, i stopped disturbing her as well as my son's study. During initial level of Separation,, their family (ELDERS) requested me will handover my family (wife & Son),, if i Pay them(wife& Son) their expenses for a Full Year., that was happened when i reached for an attempt to Convince My Wife and their family to adjoin with me & with my family activity, that was Probably in 2010-11 somewhere in between,, i was Hr. Manager in a Cement Co. in Meghalaya. I agreed too & and Provide as per for a Year. But, while passing a year they became Silent.., not hardcovered my family. till as on date,, i am alone..! She & Elder Sister & the brother-in-law Says they won't divorce nor will allow to handover,, i said why..! The Starting of a Quarrel was with a Issue of Changing my Mental Perception,, while they tried to Implement me with Saying a FALSE PLAN,, but, i Caught their Such Attempt,, MY Mrs. later She admitted that, they tried it because of if I get my Changes in me & to take my decision well for my Next career. Since, i born & brought up in Guwahati, i had a Soft corner for North-East always,, which was happened after 15yrs of long Struggle in Mumbai,, i Stand on my own feet with My Own Struggle & a house for my Stability etc. After Marriage of a Assam Lady only it was a Scope again to Reach Assam.. So, i thought, if i can Start Something a great Project with in & around of North-East. But, that became a bad experience for me as on till. I arrived Recently too, to Convince her,, Come & Join me,, Rest all Hurdle i will Handle,, Now, No more My father also expired, a Retired. Rly Officer,, Parents too visited Severally Assam to Convince them but failed,, I always feel i am alone,, what to do with,, I am a family Oriented Person,, love to keep Relation Well with either Side Well. But, not happening. What to Do Now,, Kindly tell Your Opinion on this,, I am Ready to Take Your Nobly too, Recently, I took little advise from a Legal Family Court Councillor at Guwahati, & their one of Next Door Reputed Lady Neighbour(Who Co-ordinated & Represent too for the Local area of their & for their Constituency during Elections & their any function of their Locality,, a well known in their Locality for a Good behaviour too),, I meet & Spoke to her Severally,, She herself Visited too & found My Wife Not behaving Normally & Cool,, a Raugh behaved Lady, She found & She Said, a disrespected Lady means not Gentle,, i Personally Visited Mumbai at her elder Sister's home too,, during yr.2015,, while in entrance,, the brother-in-law resisted me NOT to Enter,, from the door only i came back. Not meet even & had NO Talk,, while after little a distance i covered from their residence,, i found they again recalling me to Come & Visit. But, I found myself very off mooded, & not visited till as on & till date,, because. they only Created the False Nuisances' with their Plan,, which not became A Success.. they Caught. But, they were Proposer of Our both Relation. But, I want a Justice with this,, Since, I am a Simple & Honest,, Very Straight forwarded with Cut to throat Person..in my Nature,, Soft & Spiritual. Since, Many Years Now Connected to Krishna Consciousness too,, that is why for love & affection i am here at PURI. Kindly, Let me Know Your Precious Opinion by which I can Come out with my Loneliness. **HARE*KRISHNA** Thanking you, With Regards, Surajit Bhattacharjee, In Case if You have a Plan to Visit Puri, Odisha,, Kindly, Let me Know Your Date & Place to See **MAHABAHU**JAGANNATHA*,, You may Send by Your family & friends too with Prior Advance & info.
Ans: Dear Surajit,
Thank you for the festive wishes and thank you for the invite to visit Odisha.

Your situations suggests that much time has passed with no action. Long distance relationships are not easy and require immense maturity and agreement and a lot of trust to keep the marriage going.

What is the reason that your wife does not want to come back now? Your son is already 18 years and is old enough to get into a professional college now...What has happened in all these years that she finds it better living with her side of the better than making her own family come together?

Have the two of you had time to have a private conversation without the interference from anyone else?
Make that honest attempt and appeal to her that you would like the family to get back together. But also be prepared if she says NO as that has been her stance all these years... then please move on...it is difficult but will be better for your physical and mental health.

All the best!

..Read more

Kanchan

Kanchan Rai  |183 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Sep 30, 2023

Relationship
**JAY*JAGANNATH**, Wishing You For **HAPPY*ANANT-CHATURDASHI**, I'm based in Mumbai, but lives in Puri, Odisha, because of **LORD*JAGANNATHA**, Since, I'm a Business Analyst,, not yet Started my Practice,, i had a arrange marriage in my own caste with rest was OK, after reading some of Your advises and type of case,, i became enthusiast to know YOUR UNPARALELED PRECIOUS OPINION about my personal disturbances in my family.,for which We live Separate with my Only 18+Son, Studying & Preparing for his Entrance Test via Online.., she is in Guwahati,, working under at a Private Retail Management co., ME & MY FAMILY Severally attempted & requested her and her family too, to Come back & Join to my family for living together,, but when failed,, i encourage her OK live there,, as because after failing an attempt of school transfer due to language issue for a subject like Marathi in Upper classes,, Thus, i stopped disturbing her as well as my son's study. During initial level of Separation,, their family (ELDERS) requested me will handover my family (wife & Son),, if i Pay them(wife& Son) their expenses for a Full Year., that was happened when i reached for an attempt to Convince My Wife and their family to adjoin with me & with my family activity, that was Probably in 2010-11 somewhere in between,, i was Hr. Manager in a Cement Co. in Meghalaya. I agreed too & and Provide as per for a Year. But, while passing a year they became Silent.., not hardcovered my family. till as on date,, i am alone..! She & Elder Sister & the brother-in-law Says they won't divorce nor will allow to handover,, i said why..! The Starting of a Quarrel was with a Issue of Changing my Mental Perception,, while they tried to Implement me with Saying a FALSE PLAN,, but, i Caught their Such Attempt,, MY Mrs. later She admitted that, they tried it because of if I get my Changes in me & to take my decision well for my Next career. Since, i born & brought up in Guwahati, i had a Soft corner for North-East always,, which was happened after 15yrs of long Struggle in Mumbai,, i Stand on my own feet with My Own Struggle & a house for my Stability etc. After Marriage of a Assam Lady only it was a Scope again to Reach Assam.. So, i thought, if i can Start Something a great Project with in & around of North-East. But, that became a bad experience for me as on till. I arrived Recently too, to Convince her,, Come & Join me,, Rest all Hurdle i will Handle,, Now, No more My father also expired, a Retired. Rly Officer,, Parents too visited Severally Assam to Convince them but failed,, I always feel i am alone,, what to do with,, I am a family Oriented Person,, love to keep Relation Well with either Side Well. But, not happening. What to Do Now,, But, I LOVER HER & MY SON VERY MUCH,, BY ANY MEANS AS ON.., I HAVE NO PLAN TO LEAVE THEM ALONE & THEIR STRUGGLE TO..! BUT, I STILL, A HELPLESS, WHOM TO GO & CRY FOR THEM..!?! Kindly tell Your PRECIOUS Opinion on this,, I am Ready to Take Your Nobly too, Recently, I took little advise from a Legal Family Court Councillor at Guwahati, & their one of Next Door Reputed Lady Neighbour(Who Co-ordinated & Represent too for the Local area of their & for their Constituency during Elections & their any function of their Locality,, a well known in their Locality for a Good behaviour too),, I meet & Spoke to her Severally,, She herself Visited too & found My Wife Not behaving Normally & Cool,, a Raugh behaved Lady, She found & She Said, a disrespected Lady means not Gentle,, i Personally Visited Mumbai at her elder Sister's home too,, during yr.2015,, while in entrance,, the brother-in-law resisted me NOT to Enter,, from the door only i came back. Not meet even & had NO Talk,, while after little a distance i covered from their residence,, i found they again recalling me to Come & Visit. But, I found myself very off mooded, & not visited till as on & till date,, because. they only Created the False Nuisances' with their Plan,, which not became A Success.. they Caught. But, they were Proposer of Our both Relation. But, I want a Justice with this,, Since, I am a Simple & Honest,, Very Straight forwarded with Cut to throat Person..in my Nature,, Soft & Spiritual. Since, Many Years Now Connected to Krishna Consciousness too,, that is why for love & affection i am here at PURI. Kindly, Let me Know Your Precious Opinion by which I can Come out with my Loneliness. **HARE*KRISHNA** Thanking you, With Regards, Surajit Bhattacharjee, In Case if You have a Plan to Visit Puri, Odisha,, Kindly, Let me Know Your Date & Place to See **MAHABAHU**JAGANNATHA*,, You may Send by Your family & friends too with Prior Advance & info.
Ans: I understand that you are going through a very challenging and emotionally taxing situation. It's clear that you care deeply for your wife and son and want to find a resolution to the issues that have led to your separation. However, I am not a legal expert, and my responses are not a substitute for legal advice. It's essential to consult with an attorney who specializes in family law in your jurisdiction for guidance tailored to your specific circumstances.

Here are some general steps you might consider taking:

Consult with a Family Law Attorney: Seek the advice of a qualified family law attorney in your area who can help you navigate the legal aspects of your situation. They can provide guidance on divorce, custody, and any other legal matters that may arise.
Mediation: Mediation is often a more amicable and less adversarial way to resolve conflicts related to divorce and separation. A trained mediator can help facilitate discussions between you and your wife to find mutually agreeable solutions.
Child Custody and Support: Given your son's involvement, it's crucial to ensure that his best interests are protected. Discuss child custody, visitation, and child support arrangements with your attorney and potentially through mediation.
Therapeutic Intervention: If communication and emotional issues are at the core of your problems, consider involving a family therapist or counselor. They can help facilitate productive discussions and address underlying emotional concerns.
Keep Records: Document any interactions or communication you have with your wife or her family. This can be useful in legal proceedings and may help support your case.
Stay Connected with Your Son: Continue to provide emotional support and be involved in your son's life as much as possible, even if you are physically separated.
Explore Community Resources: Look for local support groups or community resources that can provide emotional support and guidance during this challenging time.
Remember that every situation is unique, and the best course of action may vary depending on the specific details of your case. Seeking professional legal and therapeutic guidance is crucial in navigating complex family issues. Additionally, it's important to remain patient and persistent in your efforts to find a resolution while prioritizing the well-being of your son throughout the process.

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Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Nov 16, 2023

Asked by Anonymous - Nov 04, 2023Hindi
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Relationship
Dear expert, I am married for last almost 12 years and having a son. It is an arranged marriage. Before getting married, I was informed by my wife's relatives (uncles, aunts, wife's brothers, sister etc) that they do not have any relations with her husband as he had abandoned his kids (post-death of her wife and got re-married without family consent). After almost 4 years of our marriage, my wife and her relatives accepted him. Now, my wife has left my house leaving (third time) me and my son but, ready to return with the condition that I and my family MUST accept her father in our life and house else she would not return (emotional blackmailing!). She is planning to forcefully bring her uncles, father and other relatives for a discussion at my home. There is no doubt that I will entertain them or discuss anything with them as her father had abused my entire family in the past. In turn, I have searched a rented house and will shift without any fights with anyone. Am I heading a right direction?
Ans: Dear Anonymous,
family feuds can really break a marriage.
Ask yourself: What is more important to me?
Is it my marriage or the battle that I need to have with my wife's family?

You mostly likely will say: Marriage!
I agree that they have been unreasonable (especially with your wife walking out) but how you deal with people acting unreasonable is countering it with a lot of sensible patience. No decisions made on a whim or on an impulse, but well-thought out and rational thinking is what will help at this time. Someone has to act responsibly and I ask that person to be YOU!
So, it's not about fights etc, shift to the rented house not as an emotional decision but think about using that to make a statement. Your wife also needs to understand that she cannot act irresponsibly and not think about how it impacts your child.

Seek out the help of elders in your family as well since your wife's family is a huge force now. This is not to fight but for the elders to appeal at their level and get things smoothened out. This can pave a way to you and your wife having a chance to straighten things out within your marriage as well.

All the best!

..Read more

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Ramalingam

Ramalingam Kalirajan  |1782 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 09, 2024

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Money
Hello Sir, please review & advise on my mutual fund portfolio. SIP of 5000 each in UTI Nifty 50 index fund, Parag Parikh flexicap, Quant flexi cap & 3000 each in ICICI Midcap 150 index fund & Kotak large 7 midcap fund. All Started since 4 months, current age 42 & can do SIP for 2-3 years & plan to keep the accumulated amount as it is for next 5 years. I have some exposure to equity shares as well. Thanks
Ans: It's great to see you investing in mutual funds to achieve your financial goals. Let's review your portfolio:
1. UTI Nifty 50 Index Fund: Investing in an index fund tracking the Nifty 50 is a solid choice for gaining exposure to India's top 50 companies. It provides diversification and follows a passive investment approach, which can be beneficial over the long term.
2. Parag Parikh Flexicap Fund: This fund follows a flexible investment approach, investing in a mix of large-cap, mid-cap, and small-cap stocks. It's known for its diversified portfolio and has the potential to deliver consistent returns over time.
3. Quant Flexi Cap Fund: Similar to Parag Parikh Flexicap Fund, this fund offers flexibility in asset allocation across market capitalizations. However, quantitative techniques are used for stock selection, which adds a unique flavor to your portfolio.
4. ICICI Midcap 150 Index Fund: Investing in a mid-cap index fund can provide exposure to mid-sized companies with growth potential. It offers diversification within the mid-cap segment and follows a passive investment strategy.
5. Kotak Large & Midcap Fund: This fund invests in a mix of large-cap and mid-cap stocks, offering diversification across market capitalizations. It aims to capitalize on opportunities in both segments of the market.
Your portfolio seems well-diversified across different market segments, including large-cap, mid-cap, and flexi-cap funds, along with exposure to index funds. However, since you plan to keep the accumulated amount for the next 5 years, consider your risk tolerance and investment horizon.

Active vs. Passive Management:
While you've included both actively managed mutual funds and index funds (ETFs) in your portfolio, it's important to understand the differences between the two. Actively managed funds aim to outperform the market through active stock selection and portfolio management, while index funds passively track a specific index's performance.
Benefits of Actively Managed Funds:
Actively managed funds offer the potential for higher returns compared to index funds, especially during market inefficiencies or when skilled fund managers can identify lucrative investment opportunities. Additionally, active management allows for flexibility in portfolio construction and adjustments based on market conditions.
Potential Disadvantages of Index Funds:
While index funds offer low expense ratios and broad market exposure, they may lack the potential for outperformance compared to actively managed funds. Additionally, they're subject to tracking error, which occurs when the fund's performance deviates from the index it's designed to replicate.

Given your age of 42 and the relatively short investment horizon of 2-3 years for SIP, ensure you regularly review your portfolio's performance and make adjustments if necessary. Also, keep an eye on any changes in your financial situation or risk appetite.
Overall, your portfolio appears to be aligned with your investment goals and risk tolerance. Keep up with your disciplined SIP investments, and consider consulting with a Certified Financial Planner periodically to ensure your investment strategy remains on track.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |1782 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 09, 2024

Asked by Anonymous - Apr 17, 2024Hindi
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Money
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- parag parikha flexi cap 5k-motilal oswal mid cap 5K-Quant large and mid cap 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: It's fantastic that you're planning ahead for your retirement, and your investment strategy reflects your goal of wealth creation with a high-risk appetite. Let's review your portfolio:
1. Parag Parikh Flexi Cap Fund: This fund follows a flexible investment approach, investing in a mix of large-cap, mid-cap, and small-cap stocks. It's known for its diversified portfolio and has a track record of delivering consistent returns over the long term.
2. Motilal Oswal Mid Cap Fund: Mid-cap stocks have the potential for higher growth but also come with higher volatility. This fund focuses on mid-cap companies with strong growth prospects, suitable for investors with a higher risk tolerance.
3. Quant Large and Mid Cap Fund: This fund combines large-cap and mid-cap stocks, aiming to provide capital appreciation over the long term. Quantitative techniques are used for stock selection, which can add a unique flavor to your portfolio.
4. Nippon Small Cap Fund: Small-cap stocks have the potential for significant growth but are more volatile. This fund focuses on small-cap companies with growth potential, aligning with your high-risk appetite.
5. Quant Small Cap Fund: Similar to the previous fund, this one specifically targets small-cap stocks using quantitative methods for stock selection.
Considering your investment horizon of 20 to 22 years, your portfolio seems well-diversified across different market segments, aligning with your high-risk appetite and wealth creation goal. However, it's essential to regularly review your portfolio's performance and make adjustments if necessary.
I recommend consulting with a Certified Financial Planner periodically to ensure your investment strategy remains on track with your retirement goal and risk tolerance.

Shifting from direct to regular mutual funds can offer several advantages, especially for investors seeking personalized support and guidance:
Regular mutual funds provide access to the expertise of a Mutual Fund Distributor (MFD) who is often a Certified Financial Planner (CFP). They can offer valuable insights, emotional handholding, and personalized guidance tailored to your financial goals and risk tolerance.
MFDs can assist with asset rebalancing, helping you maintain an optimal allocation of assets based on market conditions and changes in your financial situation. This ensures your portfolio remains aligned with your investment objectives over time.
Scheme selection can be overwhelming with numerous options available in the market. An MFD with CFP credentials can help navigate this complexity by recommending suitable funds that align with your risk profile, investment horizon, and financial goals.
By opting for regular mutual funds through an MFD, you not only gain access to professional advice but also benefit from ongoing support and assistance throughout your investment journey. This can instill confidence and peace of mind, knowing that you have a trusted advisor by your side.
Consider making the switch to regular mutual funds to leverage the expertise and guidance of a Certified Financial Planner through a Mutual Fund Distributor. It can enhance your investment experience and increase the likelihood of achieving your retirement goal of 5 crores.

Keep up the good work with your disciplined SIP investments, and stay focused on your long-term financial objectives.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |1782 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 09, 2024

Ramalingam

Ramalingam Kalirajan  |1782 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 09, 2024

Ramalingam

Ramalingam Kalirajan  |1782 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 09, 2024

Asked by Anonymous - Apr 08, 2024Hindi
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Money
I am going to retire on 01.11.2024 and i will be receiving 25 lacs as my retirement fund. Please suggest where should i invest and how monthly amount i will received.
Ans: Congratulations on your upcoming retirement! It's an exciting milestone, and careful planning can make it even more fulfilling.

With a retirement fund of 25 lakhs, you have a good starting point for your post-retirement financial journey.

To ensure a steady income stream, consider investing a portion of your retirement corpus in a mix of conservative investment options such as fixed deposits, senior citizen savings scheme, and debt mutual funds.

These options offer relatively stable returns with lower risk, ideal for generating regular income during retirement.

Allocate another portion towards equity mutual funds, which have the potential for higher returns over the long term. While they carry more risk, they can help your retirement corpus grow to combat inflation and sustain your lifestyle.

Consulting with a Certified Financial Planner can help tailor an investment strategy that aligns with your risk tolerance, financial goals, and retirement timeline.

As for calculating your monthly income, it depends on various factors such as the returns generated by your investments, withdrawal strategy, and inflation rate.

A common approach is the systematic withdrawal plan (SWP), where you withdraw a fixed amount regularly from your investments. The SWP amount can be adjusted annually based on your financial needs and investment performance.

Ensure your investment strategy provides enough liquidity to cover your monthly expenses while also preserving your capital for the future.

Retirement is a new chapter in your life, filled with opportunities to pursue your passions and dreams. With careful planning and smart investment decisions, you can enjoy a financially secure and fulfilling retirement journey.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

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Ramalingam

Ramalingam Kalirajan  |1782 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 09, 2024

Asked by Anonymous - Apr 09, 2024Hindi
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I draw a salary net salary of 230000 pm and have a housing loan for 11740000 @6% simple interest. The principal amount will be paid in 270 instalments and then the interest in 90 instalments as it’s a bank staff loan. EMI is 43000. Total tenure of loan is 30 years. I want to know should I try and close the loan earlier by investing around 4 lakhs every year or let it go as it is and invest the same amount in mutual funds. Kindly suggest.
Ans: Considering your situation, it's great that you're contemplating your financial future. With your stable income, you have the potential to make wise choices.

Your housing loan's interest rate is relatively low, which is beneficial. By maintaining regular EMIs, you're already on track to clear the loan within the stipulated tenure.

Investing in mutual funds is a solid strategy, offering potential returns higher than your loan's interest rate. It allows your money to grow over time.

However, investing additional funds to close your loan faster can bring peace of mind. It reduces your debt burden and saves on interest payments in the long run.

Before deciding, consider your risk tolerance and financial goals. Ensure you have an emergency fund and are contributing to retirement savings.

As a Certified Financial Planner, I recommend diversifying your investments. Explore different asset classes to mitigate risk and maximize returns.

Regular mutual funds through a certified financial planner can offer personalized guidance, potentially outperforming direct funds in the long term.

Remember, financial planning is about finding the right balance between debt management and wealth accumulation.

Take your time to weigh the options and choose what aligns best with your aspirations and comfort level.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

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Ramalingam

Ramalingam Kalirajan  |1782 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 09, 2024

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I want to take Quant mutual fund. Which one should I go with? Quant mid cap Quant small cap Quant infrastructure Quant psu fund I am 23 and I have good risk appetite.
Ans: Given your age and risk appetite, investing in mid-cap and small-cap funds can offer growth potential over the long term. However, it's essential to consider factors such as fund performance, investment strategy, and risk management before making a decision.
Quant Mutual Fund offers several options across different categories. Here's a brief overview of each option you mentioned:
1. Quant Mid Cap Fund: This fund primarily invests in mid-cap stocks, which have the potential for high growth but also come with increased risk. Mid-cap funds are suitable for investors with a higher risk appetite and a long-term investment horizon.
2. Quant Small Cap Fund: Small-cap funds invest in stocks of small-sized companies, which have the potential for significant growth but are also more volatile and risky. Investors with a higher risk tolerance and a longer investment horizon may consider investing in small-cap funds.
3. Quant Infrastructure Fund: This fund focuses on investing in companies operating in the infrastructure sector, such as construction, energy, and utilities. Infrastructure funds can provide exposure to a specific sector but may be more volatile and cyclical.
4. Quant PSU Fund: PSU (Public Sector Undertaking) funds invest in stocks of government-owned companies, which are known for stability and steady dividends. These funds may offer a defensive investment option for investors seeking lower risk exposure.
Before investing in any Quant Mutual Fund, it's crucial to review the fund's track record, investment objective, portfolio composition, and expense ratio. Additionally, consider consulting with a Certified Financial Planner to ensure the fund aligns with your overall investment strategy and financial goals.
Remember, while mid-cap and small-cap funds offer growth potential, they also come with higher risk. Ensure you have a diversified portfolio and a long-term investment horizon to ride out market fluctuations.
Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

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Ramalingam

Ramalingam Kalirajan  |1782 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 09, 2024

Asked by Anonymous - Apr 08, 2024Hindi
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Equity Investment Using Loan ? ( 15 Lakhs ) Hi , I am contemplating to acquire a personal loan of 15 Lakhs at 10.45% interest. And invest lumpsum it in High Volatility Equity Mutual Funds giving a Return of about 25-30% on average Example: Quant Mutual Funds ( Midcap, Smallcap, Flexicap ) , Nippon India ( Midcap, smallcap) and Momentum Type Mutual Funds. Please suggest if I should go for it. Also I'm open to hear some better ways to go about investing aggressively using Loan. And also making the most out of my loan eligibility for acquiring gains.
Ans: Taking a personal loan to invest in high volatility equity mutual funds can be risky and may not be suitable for everyone. Here are some factors to consider before proceeding with this strategy:
1. Risk: Investing in high volatility equity funds involves a significant level of risk, especially when using borrowed funds. While these funds have the potential for high returns, they also carry the risk of significant losses, especially in volatile market conditions.
2. Interest Cost: The interest rate on personal loans can be relatively high compared to other forms of borrowing. At 10.45%, the interest cost can eat into your investment returns, potentially reducing your overall gains.
3. Market Uncertainty: The stock market can be unpredictable, and there are no guarantees of returns, especially in the short term. Investing borrowed money in equity funds exposes you to market fluctuations and the possibility of losses, which can impact your ability to repay the loan.
4. Loan Repayment: You'll be required to repay the personal loan, along with interest, regardless of the performance of your investments. If your investments underperform or incur losses, you may struggle to meet the loan repayment obligations, leading to financial strain.
Considering these factors, it's crucial to evaluate your risk tolerance, investment horizon, and financial situation before using a personal loan for aggressive equity investment. Additionally, seeking advice from a Certified Financial Planner can help you assess the suitability of this strategy and explore alternative investment options that align with your goals and risk profile.
If you're looking to invest aggressively, consider options like Systematic Investment Plans (SIPs) in equity mutual funds using your existing savings or surplus income. SIPs allow you to invest regularly over time, reducing the impact of market volatility and minimizing the need for borrowing.
Remember, prudent investing involves balancing risk and reward, and it's essential to make informed decisions based on your financial circumstances and long-term goals.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

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Ramalingam

Ramalingam Kalirajan  |1782 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 09, 2024

Asked by Anonymous - Apr 07, 2024Hindi
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Sir I have paid a lump sum advance of Rs 75000 for CGHS LIFETIME CARD, I am a pensioner, can I take income tax deduction for this, if yes, in which financial year the deduction has to be taken? Can I claim deduction of the entire amount for the same financial year?
Ans: As a pensioner, you may be eligible to claim a deduction for the lump sum advance paid towards the Central Government Health Scheme (CGHS) Lifetime Card under Section 80D of the Income Tax Act. Here's what you need to know:
1. Deduction Eligibility: You can claim a deduction for the premium paid towards health insurance, including the CGHS Lifetime Card, for yourself and your family members. The maximum deduction allowed under Section 80D is up to Rs. 25,000 per annum for individuals below 60 years of age and up to Rs. 50,000 for senior citizens (aged 60 years and above).
2. Financial Year: The deduction can be claimed in the financial year in which the payment for the CGHS Lifetime Card was made. If you paid the lump sum advance of Rs. 75,000 in the current financial year, you can claim the deduction in the same financial year when filing your income tax return.
3. Claiming Deduction: You can claim the entire amount of Rs. 75,000 as a deduction under Section 80D, subject to the maximum limit applicable based on your age. If you have other health insurance premiums or medical expenditures eligible for deduction under Section 80D, ensure that the total deduction claimed does not exceed the maximum limit allowed.
It's important to retain the receipt or any documentation related to the payment made for the CGHS Lifetime Card as proof while filing your tax return.
Consult with a tax advisor or Certified Financial Planner to ensure compliance with tax regulations and maximize your deductions based on your specific financial situation.

Best Regards, K. Ramalingam, MBA, CFP, Chief Financial Planner, www.holisticinvestment.in

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Ramalingam

Ramalingam Kalirajan  |1782 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 09, 2024

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Sir, NRI having only LTCG (taxable) and interest income which is less than one lakh. I want to file ITR at the earliest and is ready with details but a part of the interest income is yet to appear in AIS. I presume that the data will get populated by the middle of June. But as I have all the figures, can I proceed with ITR filing NOW or will it be considered contradictary with AIS?
Ans: You can definitely file your ITR now, even though a part of the interest income isn't reflected in the AIS (Annual Information Statement) yet. Here's why:

NRIs with LTCG and low interest income: As an NRI with only LTCG (taxable) and interest income below one lakh, you qualify to file ITR-1 (Sahaj).

Discrepancy with AIS: A minor difference between your reported income and the AIS data might not be a major issue. The income tax department usually sends notices for significant discrepancies.

Here's what you can do:

File with the information you have: Go ahead and file your ITR using the interest income details you possess.

Mention the discrepancy: While filing, you can explain the missing interest income in the ITR form itself. Briefly state that you expect it to be reflected in the AIS by mid-June.

Revise if needed: If the missing interest income gets populated in the AIS later, you can revise your ITR accordingly. There's a window for revising ITRs after the initial filing.

Here are some additional points to consider:

It's always best to report accurate income. Including the estimated interest income demonstrates your transparency.

If you're uncomfortable filing now, you can wait until the AIS data is updated by mid-June. However, there's no penalty for filing early.

Ultimately, the decision is yours. Filing now with an explanation or waiting for the AIS update are both viable options.

It's recommended to consult a Chartered Accountant (CA) specializing in NRI taxation for personalized guidance.

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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