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Anu

Anu Krishna  |1328 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Oct 27, 2020

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
SK Question by SK on Oct 27, 2020Hindi
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Relationship

Dear Guru, I'm working as an executive assistant to the director with an Indian subsidiary.

Due to pandemic there's this work from home happening right from the start of lockdown.

At present and till date have to manage my work along with two other colleagues work too. Moreover in addition my boss is leaving too.

All this is so critical that it's stressing me mentally and physically. I'm not able to bear that loss of him leaving in such a scenario.

Though him being married I somewhere liked him from the bottom of my heart.

Initially he tried impressing me through his kind words and behaviour. But in the last one year he suddenly changed bcoz there were certain things happening between him and the management which I was completely unaware of only to learn recently that his job contract wasn't renewed by the management and hence he along with his wife opted for an alternative.

He showed his anger by ignoring/avoiding me. Somewhere I feel that even he didn't wish to leave the company.

I don't wish to break his marriage but I love him (one sided) still dunno if he does or not.

Of late we had tiffs over the phone on work issues and I deleted his number from my contact list saying Goodbye.

He fumed and sent me e-mails in the morning about things to handover as he is leaving :)

Earlier when I had a tiff over msgs that time he called my colleague and asked him to take the handover.

Hope I get some response on the stated issues.

Ans: Dear SK, Why do some of us get caught in a web where we don’t know where we stand in someone else’s life?

I am not going to judge you or lecture you as to your one sided-affection as that is a choice that you have made. But, why give someone so much power to rule your mind that they seem to take the driver’s seat and take decisions for you? Your job, you love…your emotions.

Do remember, that you cannot be an option is someone’s life which is what has happened here.

The hit to your self-esteem has been for you to act in disappointment/anger where you have dropped his number off your list with a curt ‘bye greeting’ which has irked him and his ego.

What were you doing? Throwing the spotlight back onto yourself where you have given him a chance to antagonize you at work?

Can you even complain about it in public? And especially when you knew his loyalties lie with his wife which he made it evidently clear by them taking decisions jointly for their future.

All that has happened, is you being at the receiving end, by laying out your emotions for a little attention from him.

And well, he possibly was enjoying some of it as well. If you were to rewind the clock, go back in time, and ask yourself: What can I do? What must I do where I can keep my emotions healthy and protect my emotional boundaries? Do exactly that now.

Nothing is lost. I can’t promise that he will be back to giving you the attention that you have been used to; all I can say is find some healthy options and grow your social circle.

You may meet someone interesting or you may simply find someone who shares common interests irrespective of gender.

Bottomline; get unstuck from this unhealthy string, cut and maintain that healthy boundary, stick to your work and create a circle of friends and family that care for you. That will be your strength and helo in making better decisions the next time.

Be happy and make the best of life!

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Anu

Anu Krishna  |1328 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Nov 01, 2022

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Relationship
I am very stressed these days. I am in love with a married man. He happens to be my colleague whom I met in 2020.Initially it was just a senior junior relation where he would help me in official matters. At the same time, I was recovering from a break up followed by severe health complications. Slowly, I started spending time with him, in the office only talking about office issues then my personal life. He too shared some of his and eventually I started developing feelings for him. But since I knew he was married I would always maintain that distance. I just wanted a healthy friendship but may be my personal turmoil was to the extent that I needed an emotional support and so I confided in him. He too would understand me, give me support and I could feel that he likes me. One day I confessed my feelings and he too reciprocated. He had told me earlier that he is living a compromised married life where there is no emotional connection. However, he will continue with it as his wife is dependent on him and I said I don’t want to break a family. But I have fallen in love with him. His presence has given me such solace I cannot describe. I don’t want to break a home. So, I have started maintaining distance as well but I really miss him. I feel I lost a friend in the process.
Ans:

Dear SJ,

This is something that I have been seeing lately with a lot of people.

Something lacks within your current relationship and to fulfil that you look for it elsewhere only to realise that things have gotten out of hands.

In your case, love has blossomed in and suddenly now you have realized that it might cause a flutter within two relationships.

He has made it clear that he wants to be with his wife which should give you an idea not to make any more emotional investment. You will end up getting hurt even more if you do.

Time for you to start feeling solace and gaining better self-esteem by valuing yourself more. You don’t need anyone for you to love yourself, do you?

So, stop giving this so much importance. He was there when you needed him and vice-versa. Now, that things are getting a little complicated, time to revise the way you think and act.

You don’t need to lose a friend if the feelings that you have for him can be healthier and not draining on either of you.

If not, maybe you need to think how you can handle this agony better. Be your own friend first and then you start making better choices on who to let into your life.

Possible? Yes, start now…

All the best!

..Read more

Kanchan

Kanchan Rai  |407 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Dec 28, 2023

Asked by Anonymous - Dec 27, 2023Hindi
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Relationship
Hi I am working in an compnay since 4 yrs i had and friendship with my senior and he ia married but staying alone. His family was at native place. We both r maaried and we know about we had family but now we are in relationships since 3 years. As his family was not here i helped him in every manner in covid situtation. We know pur priority is family first. But since his family is here from one year last. He has stopped chatting talking to me. Only we are mostly having one side fight. He is now feeling irritation in talking to me normally also. During my job i m doing better than also everytime he feels irritated. I dont know what to do. Now he is saying he dont have time. He dont want to leave me. But stopped everything's. Only when he needs help he speaks to me or replies to message. I dont want to leave my job nor complaint to someone. What shoul i do dont understand. I have ensured him that i dont want him also to leave his family. Nor i want to leavemy family. I m confused what to do. I have done everything for him and now he has forgot evething. He says he love me he dont want to leave me. But at this situtation what should i do.
Ans: Hello Ms.
It's important to approach this with sensitivity and consideration for everyone involved. Understand that his family is a significant part of his life, and he may need time to adjust to the changes. Respect his commitments and responsibilities towards his family. Think about the long-term implications of the relationship. Consider whether it's sustainable in the current circumstances and whether it aligns with your personal values and priorities. Take some time to reflect on your own feelings and the dynamics of your relationship. Consider whether this situation is bringing you happiness and fulfillment, or if it's causing you distress. Establish clear boundaries in your relationship to ensure that both of you are comfortable and that these boundaries are respected. If he is feeling overwhelmed or stressed with the recent changes in his family situation, it might be helpful to give him some space. Encourage open communication make sure you both are on the same page about the nature of your relationship and the level of communication you both desire.Be prepared for the possibility that the relationship may need to change or come to an end. Reflect on your own priorities and boundaries. Ensure that your relationship doesn't negatively impact your personal and professional life. It's essential to maintain a healthy balance and focus on your own well-being. While this can be difficult, it's important to prioritize your own well-being and the well-being of everyone involved.

..Read more

Kanchan

Kanchan Rai  |407 Answers  |Ask -

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

Asked by Anonymous - Jul 17, 2024Hindi
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Relationship
I am 31 years old and single. I am working in a company since 2022 and last September i found out my boss is in love with me. Earlier he used to admire for my work. He was always a source of inspiration as his guidance has always helped me to achieve better and make me confident. Together we were a good team.. We took many important decision together, although i am not much experienced but he took my advice in important matters. Its a small company and few employees left gradually, we built a new team and together we trained them. We are very serious about our work and that was our prime focus. He use to tell me how serious he was about me and would like to marry me, will visit my house and meet my parents. One thing i knew was that he is divorced but the details were not very clear to me as he never disclosed and i gave him time as whenever he feels fine he can share. I also told him that my parents would never agree to this. he said he will convince my parents and will even beg for me. I am introvert nature and never cross questioned anything. I had a huge respect for him. He had his share of lows since his father passed away and then he was left alone and taking care of his mother. He values his mother a lot and keep her away from any stress. He keep everything to himself, he was able to share them with me. I am a good listener so always comforted him by listening and not judging him. He made plans about future as how we are going to build a house, take business to new heights and in 1-2 month he made me director of a company. I didn't want all this because it was too early for all this and i don't like accepting things this way. In April, i broke my engagement due to him and my family is in great stress. I lied to them and therefore their trust broke. Since then the whole family is in great pain. I could never do this, i have always followed decision taken by my family and they have always taken care of me. Now in June they came to know about me and him and they disapprove. My mother is very sure that i being emotional have gotten into trap and he manipulated me. He however needs someone in his life and found good option in me as i can handle family and business both. My mother hates him. Now i am so confused. I started keeping distance with him. I resigned few days back. He got ill and is finding hard to recover. The business is affecting due to this as he always feel lost that's what the team told me. He sends me emotional messages. I know he is very alone and must be hurting a lot. He says he always had a strong feeling about me. He worship for me so that we are together forever. He says if i agree he will forever be grateful as he has nobody except me. What should I do? Please help me.
Ans: it's important to recognize and validate your own feelings. You've built a significant bond with your boss, and his support and mentorship have been crucial to your professional growth. However, the dynamics have changed with the revelation of his feelings for you, creating a complex situation that involves your emotions, family, and professional life.

Your family's disapproval and the stress it has caused are significant factors to consider. Their concerns about the relationship, especially regarding manipulation and emotional dependence, need careful reflection. It's essential to ensure that your decisions are based on your own true feelings and not just out of a sense of obligation or pressure.

Regarding your boss, his emotional messages and current state of distress are challenging to navigate. While his feelings for you might be genuine, it's crucial to maintain clarity about your own boundaries and what you want for your future. You mentioned resigning and keeping distance, which indicates a need for space to think clearly.

Given the complexity of the situation, it might be beneficial to seek professional counseling. A therapist or counselor can provide an objective perspective and help you process your emotions and make decisions that are right for you. They can also assist in navigating conversations with your family and your boss, ensuring that your needs and boundaries are respected.

Ultimately, the decision must come from a place of self-awareness and genuine desire, not out of guilt or pressure. It's important to prioritize your well-being and ensure that any relationship, professional or personal, supports your growth and happiness.

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Anu

Anu Krishna  |1328 Answers  |Ask -

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

Asked by Anonymous - Jul 19, 2024Hindi
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Relationship
Hello Anu Mam! I am 31 years old and single. I am working in a company since 2022 and last September i found out my boss is in love with me. Earlier he used to admire for my work. He was always a source of inspiration as his guidance has always helped me to achieve better and make me confident. Together we were a good team.. We took many important decision together, although i am not much experienced but he took my advice in important matters. Its a small company and few employees left gradually, we built a new team and together we trained them. We are very serious about our work and that was our prime focus. He use to tell me how serious he was about me and would like to marry me, will visit my house and meet my parents. One thing i knew was that he is divorced but the details were not very clear to me as he never disclosed and i gave him time as whenever he feels fine he can share. I also told him that my parents would never agree to this. he said he will convince my parents and will even beg for me. I am introvert nature and never cross questioned anything. I had a huge respect for him. He had his share of lows since his father passed away and then he was left alone and taking care of his mother. He values his mother a lot and keep her away from any stress. He keep everything to himself, he was able to share them with me. I am a good listener so always comforted him by listening and not judging him. He made plans about future as how we are going to build a house, take business to new heights and in 1-2 month he made me director of a company. I didn't want all this because it was too early for all this and i don't like accepting things this way. In April, i broke my engagement due to him and my family is in great stress. I lied to them and therefore their trust broke. Since then the whole family is in great pain. I could never do this, i have always followed decision taken by my family and they have always taken care of me. Now in June they came to know about me and him and they disapprove. My mother is very sure that i being emotional have gotten into trap and he manipulated me. He however needs someone in his life and found good option in me as i can handle family and business both. My mother hates him. Now i am so confused. I started keeping distance with him. I resigned few days back. He got ill and is finding hard to recover. The business is affecting due to this as he always feel lost that's what the team told me. He sends me emotional messages. I know he is very alone and must be hurting a lot. He says he always had a strong feeling about me. He worship for me so that we are together forever. He says if i agree he will forever be grateful as he has nobody except me. What should I do? Please help me.
Ans: Dear Anonymous,
Things seemed to be going fine for you outside of this boss situation. But it has been messed up! Nevertheless...
It's important for you to understand that you have found yourself 'an emotionally weak person'. He finds great solace in you and you have been very kind enough to lend a shoulder for him to cry on.
Promoting you ahead of time is indication enough for you that he 'needs' you...and when the need is over, he might not find the same kind of closeness with you OR the need may just become greater making him even weaker.
'I know he is very alone and must be hurting a lot'...you have fallen into a guilt trap where if you don't support him, it makes you feel guilty.
He has been very effectively weakening your emotions for you to take care of him. Break this toxic cycle...no offense meant to him...he really needs to grow up...Strong relationships are those that nurture one another and help each other grow...what growth has happened to either of you? In fact, you two seem to be pulling each other down, haven't you? He sends emotional messages!!!!!! Do you not still see his pattern?
You mother isn't fond of him, (wonder why)?????

Be wise about this, look at your life far ahead and actually imagine a life with this person and check for yourself how it is going to pan out and do the same without him and see how it can be liberating for you...

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

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Nayagam P

Nayagam P P  |3921 Answers  |Ask -

Career Counsellor - Answered on Nov 25, 2024

Asked by Anonymous - Nov 25, 2024Hindi
Career
My daughter is in 10 th class Maharashtra board She wants to do carrier in mathematics or economics what are the ways for further education
Ans: Your daughter is interested in pursuing a career in Mathematics or Economics, which offer exciting opportunities and a variety of educational pathways. She can choose from the Science Stream (Mathematics Focus) or the Commerce Stream (Economics Focus), depending on her interests and aptitude.

An option for her is to choose Science with Mathematics in 11th and 12th grade, which will provide a strong foundation in math. After completing 12th Science with Mathematics, she can pursue a Bachelor's Degree in Mathematics, such as B.Sc. in Mathematics, B.Tech or B.E. (Engineering), or a B.Tech in Computer Science, Information Technology, or Electronics.

Postgraduate courses in Mathematics can lead to M.Sc. in Mathematics or Applied Mathematics, or M.Tech in Data Science or Computer Science. Other career paths in Mathematics include Actuarial Science, Data Science/Analytics, and pure mathematics/research.

In Economics, she can pursue Commerce with Economics in 11th and 12th grade, followed by a Bachelor's Degree in Economics, a Master of Arts in Economics, or a Master of Science in Economics. Specialized courses in Economics include Econometrics, Public Policy, Finance, and International Organizations/NGOs.

Joint careers in Mathematics and Economics can be pursued through integrated programs like B.A./B.Sc. in Mathematics and Economics, or Actuarial Science/Financial Mathematics. Entrance exams and competitive exams may be required for each path.

Pursuing Mathematics through the Science stream is an excellent path for your daughter, while Economics through the Commerce stream is ideal for those interested in understanding economies and global trends. All the BEST for Your Daughter's Prosperous Future.

To know more on ‘ Careers | Education | Jobs’, ask / follow Us here in RediffGURUS.

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Ramalingam

Ramalingam Kalirajan  |7122 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Nov 25, 2024

Asked by Anonymous - Nov 22, 2024Hindi
Money
I am 32 years of age I have a corpus of 40 lakhs including mutual funds,stocks,pf,insurance.I invest 65000 in sip every month with 84% in equity, 6% in hybrid and 10% in debt funds as of now with 58% in large cap,27% in mid cap and 15 % in small cap with an xirr of 17.2%. how much will my corpus grow in next 20-30 years ?
Ans: Your financial journey so far is impressive. At 32 years, a corpus of Rs. 40 lakhs reflects good planning. Your SIP of Rs. 65,000 per month and asset allocation indicate strong discipline and understanding of investments.

Your current XIRR of 17.2% is exceptional, suggesting an effective fund selection. Maintaining this momentum will help you build substantial wealth.

Growth Potential Over the Next 20-30 Years
Power of Compounding

Compounding over 20-30 years can multiply wealth significantly.
Your disciplined SIP approach amplifies this effect.
Corpus Growth Projections

If your XIRR sustains near 17%, your corpus can grow exponentially.
Over 20 years, it may cross Rs. 10-12 crores.
In 30 years, this could grow beyond Rs. 30-40 crores.
Consideration for Realistic Returns

Sustaining 17% XIRR may be optimistic in the long term.
A realistic expectation of 12-15% still ensures significant growth.
Factors Influencing Your Future Corpus
Market Volatility

Equity-heavy portfolios are prone to short-term fluctuations.
Maintain your long-term perspective to overcome these.
Asset Allocation Discipline

Your 84% equity allocation is ideal for long-term goals.
Rebalance annually to maintain this allocation.
Economic Growth and Inflation

India's economic growth supports equity performance.
High inflation demands better returns to preserve purchasing power.
SIP Increments

Increasing SIP annually can enhance corpus growth.
A 10% increment every year could add several crores.
Importance of Diversification
Large, Mid, and Small-Cap Allocation

Your 58% large-cap, 27% mid-cap, and 15% small-cap allocation is balanced.
This mix ensures stability and growth potential.
Hybrid and Debt Funds Role

Your 10% debt allocation cushions against market volatility.
Hybrid funds offer consistent returns with lower risk.
Tax Efficiency in Long-Term Investments
Equity Fund Taxation

Long-term capital gains above Rs. 1.25 lakh are taxed at 12.5%.
Factor this in when planning withdrawals.
Debt Fund Taxation

Gains are taxed as per your income slab.
Plan asset allocation changes with tax efficiency in mind.
Enhancing Your Strategy
Emergency Fund

Maintain 6-12 months of expenses in liquid or ultra-short-term funds.
Insurance Review

Ensure adequate term insurance and health insurance coverage.
Goal-Based Investing

Align specific investments to defined goals like retirement or children's education.
Periodic Review

Review fund performance and portfolio allocation annually.
Replace underperforming funds if needed.
Final Insights
Your current portfolio and discipline promise exceptional long-term results. Continue SIPs, periodically increase investments, and review portfolio performance. A realistic approach with a focus on equity can help you achieve remarkable financial milestones over 20-30 years.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

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

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Ramalingam

Ramalingam Kalirajan  |7122 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Nov 25, 2024

Money
Hi my name is Mani and aged 36 i am drawing a monthly salary of 3.5lakhs. Below are my investments. I want to achieve around 10Cr by 50. Current MF potfolio:50L Shares/ETF: 10L PF: 39L US ESOP: 1.2 Crore Monthly SIP: 1.65Lkhs 2 houses: 95L & 60L I can invest upto 2.5-3lakhs montly. Closed all my loans.
Ans: Your current investments reflect excellent financial discipline and planning. With your income and ability to invest Rs 2.5-3 lakhs monthly, you are in a strong position to achieve your target of Rs 10 crore by 50. However, optimising your portfolio is crucial for achieving this milestone efficiently. Here's an in-depth assessment and strategy to guide you.

Assessment of Current Investments
Mutual Fund Portfolio: Rs 50 Lakh
This portfolio forms a significant part of your wealth.
Equity mutual funds can offer long-term growth.
Regular reviews and diversification will enhance returns.
Shares and ETFs: Rs 10 Lakh
Direct equity and ETFs require active monitoring.
ETFs have limitations, like tracking errors and passive management.
Disadvantages of ETFs:

Lack of flexibility to outperform benchmarks.
Returns are limited to market indices, missing active management benefits.
Provident Fund: Rs 39 Lakh
PF is a safe, tax-efficient retirement tool.
Growth is limited compared to equity investments.
US ESOP: Rs 1.2 Crore
ESOPs provide substantial value, but currency and company risks exist.
Diversification is essential to reduce concentrated risk.
Monthly SIPs: Rs 1.65 Lakh
A high monthly SIP reflects your commitment to wealth creation.
Fund selection and risk balance will determine growth.
Real Estate: Rs 95 Lakh and Rs 60 Lakh
While real estate offers stability, liquidity issues can be a challenge.
Rental income should align with market returns to remain beneficial.
Strategy to Achieve Rs 10 Crore by 50
1. Optimise Mutual Fund Investments
Increase allocation to actively managed equity funds.
Diversify into large-cap, mid-cap, and hybrid funds for balanced growth.
Review the portfolio with a Certified Financial Planner every year.
2. Enhance Monthly SIP Contributions
Increase SIPs to Rs 2.5-3 lakh, matching your investment capacity.
Prioritise equity mutual funds for better compounding over 14 years.
Allocate a small portion to debt funds for stability.
3. Reevaluate Direct Equity and ETFs
Limit ETFs due to their passive nature and tracking errors.
Focus on direct equity only if you have time for active monitoring.
Otherwise, shift to professionally managed equity funds.
4. Diversify US ESOP Holdings
Reduce dependency on your company’s ESOPs.
Gradually liquidate and reinvest in Indian equity and international mutual funds.
Diversification will safeguard against market volatility and currency risks.
5. Leverage Provident Fund Efficiently
PF will act as a stable component of your retirement corpus.
Do not withdraw unless essential.
6. Address Real Estate Investments
Analyse the rental yield and growth potential of your properties.
If returns are below expectations, consider selling one property.
Reinvest proceeds in mutual funds for higher returns and liquidity.
Tax Efficiency and New Rules
Equity Mutual Funds
Long-term capital gains (LTCG) above Rs 1.25 lakh are taxed at 12.5%.
Short-term capital gains (STCG) are taxed at 20%.
Plan withdrawals strategically to reduce tax liability.
Debt Funds
Gains are taxed as per your income slab.
Use systematic withdrawal plans for efficient taxation.
ESOPs and Real Estate
ESOPs will attract capital gains tax upon sale.
Real estate gains are taxed under capital gains rules.
Invest gains from property sales into mutual funds to save on taxes.
Additional Recommendations
1. Adequate Life and Health Insurance
Ensure you have term insurance covering at least 10 times your annual income.
Maintain comprehensive health insurance for your family.
2. Emergency Fund
Keep six months’ expenses in a liquid fund or savings account.
This ensures liquidity during unforeseen circumstances.
3. Monitor and Rebalance Portfolio
Regularly review asset allocation with a Certified Financial Planner.
Adjust based on market conditions and financial milestones.
Final Insights
You are on the right track with your disciplined investing approach. To ensure you reach Rs 10 crore by 50, optimise your investments, enhance tax efficiency, and diversify risks. Focus on actively managed funds, reduce dependence on real estate, and leverage your high savings potential. Regular monitoring and strategic decisions will make your goal achievable.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

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

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Ramalingam

Ramalingam Kalirajan  |7122 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Nov 25, 2024

Asked by Anonymous - Nov 22, 2024Hindi
Money
Hello Ramalingam Ji, I am 44 years old, working in IT and live in Bengaluru. I am unmarried at this moment. I live in a rented house. Here are my investments breakups - 1.45 Cr in Equity Shares, 5 Lakhs in MF, 27 Lakhs in PPF, 20 Lakhs in EPF, 7 Lakhs in NPS, and 14 Lakhs in FD as an Emergency Fund. I have a health insurance of 30L apart from the office provided one. My monthly in hand salary about 2.2 Lakhs. And my monthly expenses including rent, insurances, sports/gym subscription, food and others comes about 75 - 80 Thousands a month. I invest 1.1 Lakhs in equity shares, 18 Thousands in RDs to meet my certain onetime expenditures in a years such as insurances, internet payments etc. I do not have any loans. How do you think I should go about so I could purchase a house/flat as well as have enough investments using which I could live comfortably. I also want to know if at all possible to retire by 50 or 55 years? will it even makes sense purchasing a house/flat since I have no one after me. Thanking you in advanced.
Ans: You are in a strong financial position. You have diverse investments and stable income. Your disciplined approach reflects a clear financial vision.

This response provides detailed insights into buying a house, early retirement, and optimising your investments.

Understanding Your Current Financial Health
1. Investments and Emergency Funds

Rs 1.45 crore in equity is a significant achievement.

Your Rs 14 lakh emergency fund is well-planned. It ensures liquidity during emergencies.

 

2. Monthly Income and Expenses

You save and invest a substantial portion of your Rs 2.2 lakh monthly salary.

Expenses are well-balanced, leaving you with Rs 1.1 lakh for investments.

 

3. Health Insurance Coverage

You have Rs 30 lakh health insurance, which safeguards against medical emergencies.

Office-provided insurance adds additional security.

House Purchase Consideration
1. Evaluate the Need for a House

A house is not necessary unless it enhances your quality of life.

With no dependents, consider renting for flexibility.

 

2. Financial Implications of Buying a House

Buying a house requires a long-term financial commitment.

EMIs will reduce your ability to save and invest aggressively.

 

3. Alternative Options

Continue renting if the cost is reasonable and suits your lifestyle.

Investing the funds earmarked for a house can yield better returns over time.

Early Retirement by 50 or 55
1. Analyse Monthly Expenses Post-Retirement

Estimate future monthly expenses, considering inflation.

Rs 75,000 today could become Rs 1.5 lakh in 15 years.

 

2. Calculate the Required Corpus

To withdraw Rs 1.5 lakh monthly, you need Rs 4.5 crore.

This corpus ensures financial independence throughout retirement.

 

3. Utilise Current Investments for Growth

Your investments in equity, MF, PPF, EPF, and NPS must compound consistently.

Diversify your portfolio to balance growth and stability.

Investment Optimisation
1. Focus on Equity Mutual Funds

Increase your MF investments for long-term growth.

Actively managed funds offer higher returns compared to index funds.

 

2. Avoid Direct Mutual Funds

Direct funds lack professional guidance and may lead to errors.

Regular funds through a Certified Financial Planner ensure optimised returns.

 

3. Maximise NPS Contributions

NPS provides additional tax benefits under Section 80CCD(1B).

It supports your retirement corpus with equity exposure and lower risk.

 

4. Reassess Fixed Deposits

Rs 14 lakh in FDs offers safety but lower returns.

Shift a portion to debt funds or balanced funds for better inflation protection.

Emergency Fund and Risk Management
1. Maintain Adequate Liquidity

Keep six months' expenses in liquid investments like FDs or short-term funds.

This ensures quick access to funds during emergencies.

 

2. Evaluate Insurance Adequacy

Your current health cover of Rs 30 lakh is sufficient.

Ensure critical illness or personal accident cover if not already included.

Retirement Income Planning
1. Generate Passive Income

Explore dividend-paying funds for steady income during retirement.

Consider systematic withdrawal plans (SWPs) post-retirement for tax efficiency.

 

2. Ladder Your Investments

Align investments to meet milestones like early retirement and healthcare needs.

Staggered withdrawals reduce risks during market downturns.

Tax Planning
1. Optimise Tax Benefits

Maximise contributions to tax-saving instruments like PPF and NPS.

Consider tax-efficient mutual fund categories to reduce liability.

 

2. Understand Capital Gains Taxation

Equity mutual funds' LTCG above Rs 1.25 lakh is taxed at 12.5%.

Short-term gains attract 20% tax, so plan redemptions wisely.

Final Insights
Early retirement and comfortable living are achievable for you. Focus on growing your corpus with equity and balanced investments. Renting a house is practical if buying doesn't align with your goals. Work with a Certified Financial Planner to optimise your investments and ensure a secure financial future.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

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Ramalingam

Ramalingam Kalirajan  |7122 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Nov 25, 2024

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Hello Sir, I want to invest 5k per month in mutuals fund. Am targeting 15acs in next 16years. Can you pls suggest me good fund?
Ans: Investing Rs. 5,000 per month for 16 years to achieve Rs. 15 lakhs is a commendable goal. A systematic investment plan (SIP) in mutual funds can help achieve this. Your focus should be on selecting funds that align with your risk appetite and long-term horizon.

Understanding Your Target
Your target is Rs. 15 lakhs in 16 years.
This requires consistent returns from equity mutual funds.
Equity funds are ideal for long-term goals due to their growth potential.
Investment Strategy
Focus on Equity-Dominated Funds

Equity funds have the potential for higher long-term growth.
Diversify across large-cap, flexi-cap, and mid-cap funds.
Actively Managed Funds Preferred

Actively managed funds outperform index funds over long durations.
A good fund manager can provide better returns than passive funds.
Avoid Direct Funds

Investing through a Certified Financial Planner ensures professional advice.
Regular funds with guidance offer better portfolio tracking and rebalancing.
Monitor and Review Regularly

Review your investments yearly to stay aligned with your goal.
Make changes based on performance and market conditions.
Suggested Fund Categories
Large-Cap Funds

These funds provide stability and moderate growth.
They invest in well-established companies with strong performance records.
Flexi-Cap Funds

These funds invest across large, mid, and small-cap companies.
They offer flexibility and diversification.
Mid-Cap Funds

Mid-cap funds offer higher growth potential but come with moderate risk.
Suitable for long-term wealth creation.
Hybrid Funds

These funds balance equity and debt exposure.
They provide moderate risk with consistent returns.
Tax Considerations
Equity Fund Taxation

Long-term capital gains above Rs. 1.25 lakh are taxed at 12.5%.
Short-term capital gains are taxed at 20%.
Tax-Efficient Withdrawals

Plan withdrawals strategically to minimise tax liability.
Hold funds for the long term to benefit from favourable tax rates.
Other Recommendations
Build an Emergency Fund

Set aside at least six months’ expenses in a liquid fund.
This provides financial security during emergencies.
Stay Invested for the Entire Duration

Equity investments need time to grow and overcome volatility.
Avoid premature withdrawals to maximise returns.
Disciplined Investing

Continue SIPs without interruption to achieve your goal.
Market fluctuations should not deter your commitment.
Final Insights
With disciplined investing and the right fund selection, achieving Rs. 15 lakhs in 16 years is possible. Focus on equity funds for long-term growth and consult a Certified Financial Planner for professional guidance.

Best Regards,

K. Ramalingam, MBA, CFP
Chief Financial Planner

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

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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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