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I Pampered My Girlfriend But She Left Me, Now Can I Demand My Gifts Back?

Anu

Anu Krishna  |1406 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Dec 09, 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 - Dec 01, 2024Hindi
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Relationship

I had Dated a Girl for many Years. I had pampered her with lots of Expensive Gifts (Jewellery, iPhone, Branded Clothes, Fancy Cosmetics) all bought with my Hard-Earned Money. But her Parents brought forward the Proposal of a Groom from Wealthy NRI Family, of their own Caste, hence she had to Break-up with me & get engaged to him, within a short span of time. I have been demanding her to Return the Expensive Gifts, but she's been Refusing to do so, without even Paying me an Amount equivalent to the value of the Expensive Gifts, I'd given her. I have all the Bills of the Expensive Gifts I'd purchased for her & also Photos/Videos of myself gifting them to her, on various occasions. I'm planning to contact her Fiance, somehow, show him all these Evidences & demand Monetary Compensation from him, for the total amount, I'd spent on those Gifts. Would this be a good approach, or would you suggest any alternative means, through which I can get back, all the Money, I'd wasted on her?

Ans: Dear Anonymous,
You are not serious on getting the gifts back, are you?
Those were gifts given to someone when the two of you were in a relationship. What was the need to gift her such expensive things? Was it to make sure that she's with you or was it to impress her? That's when it's going to hit you hard and you would want them back!
Being on a revenge mode and exposing her is only going to make the entire episode cheap...you spent time on her, yeah? How are you going to get that back? How about all the mind space you spent thinking of her? How are you going to free up that space?

Be practical here and also a bit honest to yourself. Your reaction is one of being spurned and rejected and this is your way of justifying punishing her saying that it's expensive etc etc. Grow up here...

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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Anu

Anu Krishna  |1406 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Jul 22, 2022

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Hello Anu,Pls help. I am in a lot of mental trauma right now. I wrote to you earlier but my article was not published. I am a 36 years male married for the last 7 years with 2 kids. Last year when I was alone and my family was at my native place, I got close to one of my female school friends who is single. We came close and talked a lot. Gradually I fell in love and gifted her close to Rs 2 lakhs rupees to fulfil her shopping and household expenses. On realising that I am being trapped with no future in sight, I asked to return my money. This infuriated the girl and she abused me citing that I am making fun of her poverty and all. I understood the situation and told her to just return Rs 25k and stop. Thereafter we started talking again but obviously the intensity reduced. Over the last 8 months, my family is back and I cannot get over her. I constantly try to ping or call her but 90% of the time she doesn’t respond. I recently sent her Rs 15k for her birthday which she accepted after initial refusal. Now when I messaged her to know how her day was, she really got angry and blocked me on all social media platforms. I reached out to her sister to assuage her and apologize. She called and really abused me citing the constant family surveillance she is under. I promised I won’t text or call her for the next 2 months. Now I don’t know what to do. Should I ask her or her sister for the money to be returned if this escalates? Because she warned me that she would report to the police if I don’t stop messaging. She fears that family members know about me. She doesn’t have parents but is under constant family surveillance. Pls suggest the next course of action. Should I cut her off completely and risk losing the 2 lakhs and gain my mental peace or try to communicate intermittently? The day she abused me I really lost my mental peace. Pls advice.
Ans:

Dear MK,

What advice can I give you when the solution is right in front of you?

She wants to get your attention and fulfil her monetary needs; that’s all, Doesn’t that tell you anything? And when you try and contact her, she says that she is under surveillance.

How much of this has affected your marriage? What exactly was the need to step out of marriage for this attention?

Sometimes, we fancy things that are prohibited and this happens when we do not feel grateful with what we have and constantly chase what we don’t have. Time to work on your marriage?

Start first by loving yourself as this will tell you how much ignoring oneself can cause havoc in core relationships. Why should your wife bear the brunt of what’s going on? Your full commitment

is what she seeks and here you are mulling over a relationship that is based on selfishness and need-basis.

Can you please re-evaluate what your priorities are and put your life back in order?

Do this for yourself and your family…Your work, health and state of mind will start to improve. It’s time you took charge and I am sure you know how to do this.

All the best!

..Read more

Anu

Anu Krishna  |1406 Answers  |Ask -

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

Asked by Anonymous - Feb 14, 2024Hindi
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Hi Anu,I am 42 year old male and have been separated from marital relationship and i don't have children,since 13 years and living alone where my father and mother had passed away few years ago.I was searching for brides profile from matrimony websites and found a widowed woman who is selfemployed. I called and talked her. she is equivalent of my age.She has one son aged of 24.I was willing to marry her but she does not want to marry anybody rather she expressed her interest and consent to live in a cohabitation(Living together relationship).(She said that her son is a grown up boy and preparing for competitive exams and she loves him a lot,She added that it is not possible to convince him for marrying another person.I accepted it and said ok. Later on we had date and moved on.Whenever she come for a date she asks me to spend and buy apparels,asking me to recharge mobile,asking me to buy provisions ,watches and to pay water taxes of her house.I did it without hesitation and she asks me for gold ring and ear-studs.She is not having contentment and i feel that she is greedy and she does not shows any form of courtesy towards me and further she did not spend even a single rupee for me .I am worried that she is exploiting me.I was wondered and shocked that during a little discussion with her she said that she could move away from me at any point of time if she finds any other person whom she likes her.I was dejected.I said that i am not your Money wallet to swindle me.I am not ready to spend money to a girl who informs me that she will be leaving from me.I scolded her. Even when have planned to marry at that time the woman asks me that whether i am a dominating person and asking about the details of my earlier marriage and testing about my genuinity. Now the relationship has broken between us and i am very much worried that whether i have taken a correct decision or not from stepping away from her because whenever i like to see her she ask me to make surprises for her.In turn no love and affection is being received from her. Kindly advice me that whether i have taken correct decision from quitting her relationship or i have hurried a lot by taken a wrong decision. Please advice and guide me and do the needful in this regard.
Ans: Dear Anonymous,
You have done yourself a huge favor by leaving her and the connection with her. When you started to have doubts about her being greedy was the time that you knew that she was just taking advantage of your kindness.
She was clearly never serious about this association from the beginning and spending your money and demanding more is a clear RED FLAG that she was never interested in anything long-term and that it was a convenient as long as you met her needs through money.
What more proof do you want? Are you now still worried about the fact whether you taken the right decision or not?
Kindly invest time and energy in people who nourish you and let you grow in all areas of your life. Be wise...

All the best!

..Read more

Dr Ashish

Dr Ashish Sehgal  |114 Answers  |Ask -

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

Asked by Anonymous - Feb 14, 2024Hindi
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Hi Shalini,I am 42 year old male and have been separated from marital relationship and i don't have children,since 13 years and living alone where my father and mother had passed away few years ago.I was searching for brides profile from matrimony websites and found a widowed woman who is selfemployed. I called and talked her. she is equivalent of my age.She has one son aged of 24.I was willing to marry her but she does not want to marry anybody rather she expressed her interest and consent to live in a cohabitation(Living together relationship).(She said that her son is a grown up boy and preparing for competitive exams and she loves him a lot,She added that it is not possible to convince him for marrying another person.I accepted it and said ok. Later on we had date and moved on.Whenever she come for a date she asks me to spend and buy apparels,asking me to recharge mobile,asking me to buy provisions ,watches and to pay water taxes of her house.I did it without hesitation and she asks me for gold ring and ear-studs.She is not having contentment and i feel that she is greedy and she does not shows any form of courtesy towards me and further she did not spend even a single rupee for me .I am worried that she is exploiting me.I was wondered and shocked that during a little discussion with her she said that she could move away from me at any point of time if she finds any other person whom she likes her.I was dejected.I said that i am not your Money wallet to swindle me.I am not ready to spend money to a girl who informs me that she will be leaving from me.I scolded her. Even when have planned to marry at that time the woman asks me that whether i am a dominating person and asking about the details of my earlier marriage and testing about my genuinity. Now the relationship has broken between us and i am very much worried that whether i have taken a correct decision or not from stepping away from her because whenever i like to see her she ask me to make surprises for her.In turn no love and affection is being received from her. Kindly advice me that whether i have taken correct decision from quitting her relationship or i have hurried a lot by taken a wrong decision. Please advice and guide me and do the needful in this regard.
Ans: It's understandable that you're feeling confused and conflicted about your recent relationship. Based on what you've described, several points emerge:

Red flags in the relationship:

Financial demands: Her consistent requests for money and expensive gifts, without reciprocation, raise concerns about potential financial exploitation.
Lack of emotional connection: You mentioned not receiving love and affection, raising questions about her genuine interest in building a meaningful relationship.
Conditional presence: Her statement about leaving for someone else suggests instability and lack of commitment.
Focus on your past: Excessive questioning about your previous marriage could indicate insecurity or distrust.
Your decision to step away:

Given these red flags, your decision to end the relationship seems reasonable. Prioritizing your emotional and financial well-being is crucial.

Moving forward:

Focus on self-care: Allow yourself time to process this experience and prioritize your emotional well-being. Explore activities that bring you joy and fulfillment.
Consider therapy: Talking to a therapist or counselor can help you gain clarity, understand your needs, and develop healthy relationship patterns.
Refine your approach: Reflect on what you seek in a relationship and adjust your boundaries and expectations when seeking future partners. Don't hesitate to say no to financial requests or behaviors that make you uncomfortable.
Be patient: Finding a genuine connection takes time and effort. Focus on personal growth and building healthy relationships before actively seeking a new partner.
Remember, prioritizing your self-worth and respecting your boundaries is essential for building healthy and fulfilling relationships. Don't feel pressured to rush into anything that doesn't feel right. Focus on building a life that brings you happiness and fulfillment, and the right connections will follow.

..Read more

Kanchan

Kanchan Rai  |444 Answers  |Ask -

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

Asked by Anonymous - Feb 19, 2024Hindi
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Relationship
Hi Kanchan,I am 42 year old male and have been separated from marital relationship and i don't have children,since 13 years and living alone where my father and mother had passed away few years ago.I was searching for brides profile from matrimony websites and found a widowed woman who is selfemployed. I called and talked her. she is equivalent of my age.She has one son aged of 24.I was willing to marry her but she does not want to marry anybody rather she expressed her interest and consent to live in a cohabitation(Living together relationship).(She said that her son is a grown up boy and preparing for competitive exams and she loves him a lot,She added that it is not possible to convince him for marrying another person.I accepted it and said ok. Later on we had date and moved on.Whenever she come for a date she asks me to spend and buy apparels,asking me to recharge mobile,asking me to buy provisions ,watches and to pay water taxes of her house.I did it without hesitation and she asks me for gold ring and ear-studs.She is not having contentment and i feel that she is greedy and she does not shows any form of courtesy towards me and further she did not spend even a single rupee for me .I am worried that she is exploiting me.I was wondered and shocked that during a little discussion with her she said that she could move away from me at any point of time if she finds any other person whom she likes her.I was dejected.I said that i am not your Money wallet to swindle me.I am not ready to spend money to a girl who informs me that she will be leaving from me.I scolded her. Even when have planned to marry at that time the woman asks me that whether i am a dominating person and asking about the details of my earlier marriage and testing about my genuinity. Now the relationship has broken between us and i am very much worried that whether i have taken a correct decision or not from stepping away from her because whenever i like to see her she ask me to make surprises for her.In turn no love and affection is being received from her. Kindly advice me that whether i have taken correct decision from quitting her relationship or i have hurried a lot by taken a wrong decision. Please advice and guide me and do the needful in this regard.
Ans: It sounds like you've been through a lot and have put a lot of thought into your relationship with this woman. From what you've described, it seems like her behavior, particularly asking for financial support without reciprocating affection or showing respect, was not healthy or sustainable for a fulfilling relationship.

You deserve to be in a relationship where you feel valued and respected. It's understandable that you would feel hurt and confused by her actions, especially her indication that she could leave if she finds someone else. Trust and mutual respect are important foundations for any relationship, and it's important to prioritize your own well-being and happiness.

It seems like you made a thoughtful decision to end the relationship, and it's okay to take time to reflect on that decision. Trust your instincts and prioritize your own needs and feelings. If you're unsure, you could consider seeking advice from a counselor or therapist who can provide support and guidance as you navigate this situation.

..Read more

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Ramalingam

Ramalingam Kalirajan  |7322 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Dec 23, 2024

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Hi Mr. Ramalingam, Can I check New Asset class (Specialized Investment Fund SIF) for 10 lakhs investment for my kids education(Right now 4months old). Thank you for your response.
Ans: Investing Rs 10 lakhs for your child’s education is a thoughtful decision.

Your child is 4 months old, so you have a long investment horizon.

Currently, SIF is not yet launched or operational.

Equity Mutual Funds: A Reliable Option
Equity mutual funds are proven for long-term goals like education.

They offer inflation-beating growth over a 15-18 year period.

Start investing now to benefit from compounding.

Choose funds with a consistent track record.

Wait and Observe SIF Performance
SIF is a new asset class and lacks a performance track record.

It’s wise to wait for its launch and review its stability.

Assess the fund's returns, risk profile, and management quality.

Investing in an untested asset could increase risks unnecessarily.

Diversify Investments Over Time
Initially, focus on equity mutual funds for growth.

Later, as SIF stabilises and performs well, consider it.

Diversify across asset classes gradually based on market insights.

Final Insights
Begin with equity mutual funds for your child’s education fund.

Monitor SIF's launch and performance over the next few years.

Decide on SIF only after it demonstrates a solid track record.

Keep your investments aligned with your long-term goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

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Milind

Milind Vadjikar  |790 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Dec 23, 2024

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I& my wife is 32. What would our ideally retirement corps. I assume 20Cr. Correct me if I'm wrong. My current saving & income are below - 1) Rs 2,40,000 take home per month combined. 2) We both have PPF for the last 7 years contributing 1.5L each year from starting and plans to continue till 60. 3) LIC will give us 2Cr when we hit 60. 4) NPS we contribute 1L per each year form 2022 combined plans continue till 60. 5) Mutual Fund of SIP Rs 10,000 each month for last 1 year combined plans continue till 60. 6) APY we will get 5000 per month at 60. 7) FDs of Rs 36Lakh 8) Gold of Rs 15Lakh bonds 9) Got Inherited Rs 1.6Cr in form of FDs 10) Have Medeclaim of 40Lakhs and have own house. 11) Monthly expenses is around 40,000. 12) Have 1 year old Kid. 13) Have PF of 8 lakhs and will grow till 60. Also taking Gratuity in account.
Ans: Hello;

Your current monthly income need of 2.4 L will grow up to 12.27 L after 28 years (At your retirement age of 60) considering 6% inflation.

Assuming your expenses at retirement will reduce so you may need 75% of this income to cover your expenses at that time therefore you may need a monthly income of 9.2 L.

To generate this income you may need a corpus of 27 Cr(Min.) at the age 60 that may generate post-tax monthly income of around 9.2 L.

Your investments will grow as follows,

1. PPF: 1.5 L per person per year for 35 years will grow into a corpus of around 4.32 Cr. (6.9% return assumed)

2. LIC: policy maturity proceeds will provide 2 Cr at age 60.

3. NPS: 1 L per person per year may grow into a sum of 2.5 Cr at 60.(8% return considered)

4. MF sip of 10 K may grow into a sum of 2.05 Cr at 60. (10% return considered)

5. FD of 36 L will grow into a sum of 2.1 Cr if held till 60. (6.5% return assumed)

6. Gold in form of bonds if reinvested into gold mutual funds and held till 60 may yield a corpus of around 1.1 Cr. (7% return assumed)

7. Inherited funds if held in FD till the age of 60 may yield a corpus of 9.9 Cr.
(6.5% return considered)

8. EPF is expected to grow into a sum of around 1.8 Cr at the age of 60.(7% return considered)

A summation of investment values at 60 indicates a sum of around 25.77 Cr thereby hinting at a gap of around 1.23 Cr.

You may begin another monthly sip of 7 K now which may grow into a sum of around 1.3 Cr by 60 age.(10% return assumed)

If the mediclaim policy is from employer, do buy a personal health care cover after 50-55 for your family for post retirement needs.

I presume you both have adequate term life insurance cover apart from LIC policy.

The financial goal for your kid's education and family expansion, if any, is not factored here. You may need to plan for it suitably.

Also it appears that your allocation to equity is quite low, may be due to limited risk appetite but you have time on your side and although short to medium term(5-7 yr) equity asset class may be impacted due to volatility but over a long-term(10 yr+) they have demonstrated good inflation adjusted returns so may be you may consider to increase allocation through hybrid funds suiting your risk appetite.

Happy Investing;
X: @mars_invest

...Read more

Ramalingam

Ramalingam Kalirajan  |7322 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Dec 23, 2024

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Meri family ki income 80 lakhs hai yearly aur 40 lakhs expense hai aur age meri 48 hai capital family ki 4 cr hai to unko kaise manage aur kaha invest kare
Ans: Current Financial Snapshot
Annual Income: Rs 80 lakhs
Annual Expenses: Rs 40 lakhs
Capital Available: Rs 4 crores
Age: 48 years
Your income and existing capital provide a strong foundation. With proper planning, you can secure your financial future and achieve your goals.

Key Financial Goals
Retirement Planning: Build a corpus to sustain your post-retirement lifestyle.
Wealth Growth: Invest capital for inflation-beating returns.
Risk Management: Ensure adequate insurance coverage for family security.
Tax Efficiency: Optimise investments to reduce tax liabilities.
Suggested Investment Allocation
1. Emergency Fund
Maintain 6-12 months of expenses (Rs 20-40 lakhs) in liquid funds or a high-interest savings account.
This ensures liquidity for any unforeseen circumstances.
2. Equity Mutual Funds
Allocate 50-60% of your capital (around Rs 2-2.4 crores) to equity mutual funds.
Use diversified funds like large-cap, flexi-cap, and mid-cap funds for growth.
Avoid index funds due to lack of flexibility and active management.
Invest monthly through systematic investment plans (SIPs) for disciplined investing.
3. Debt Investments
Invest 20-25% of your capital (Rs 80 lakhs-1 crore) in debt mutual funds or fixed-income instruments.
Choose funds with low risk to ensure stability and predictable returns.
These funds act as a safety net during market downturns.
4. Children’s Education or Marriage
Allocate funds for long-term goals like education or marriage.
Invest in balanced advantage funds or equity mutual funds for higher returns.
5. Retirement Planning
At 48, focus on building a retirement corpus.
Allocate 20% of your capital (Rs 80 lakhs) to retirement-specific investments.
Use a mix of equity and debt for growth and safety.
Risk Management
Life Insurance
Ensure you have a term insurance cover of at least Rs 2-3 crore.
This protects your family’s financial future in your absence.
Health Insurance
Take a family floater health insurance plan of Rs 25-30 lakh.
Include critical illness coverage to address rising healthcare costs.
Tax Efficiency
Maximise Section 80C benefits by investing in ELSS mutual funds or PPF.
Use NPS for additional tax deductions under Section 80CCD.
Invest in tax-efficient instruments to reduce liabilities.
Regular Monitoring
Review your investments every six months with a Certified Financial Planner.
Rebalance your portfolio to align with market trends and life changes.
Final Insights
You have a strong financial base with high income and significant capital.

With disciplined investing, risk management, and tax efficiency, you can grow your wealth and achieve your goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

Ramalingam

Ramalingam Kalirajan  |7322 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Dec 23, 2024

Asked by Anonymous - Dec 22, 2024Hindi
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Namaskar Sir, I am 30 years old and want to start SIP @10,000/-pm in Mid cap mutual fund for next 30 years for a target of Rs 20 Cr (18-20%/year). You are requested to guide me about risks may come in future in MF industry and risk regarding sustainability of the fund house for next 30 years.
Ans: Investing Rs. 10,000 monthly in a mid-cap mutual fund is a commendable strategy. It shows your commitment to achieving a robust corpus of Rs. 20 crore in 30 years. However, there are risks and considerations to address.

1. Potential Risks in the Mutual Fund Industry
Market Volatility
Mid-cap funds are more volatile than large-cap funds.

Short-term fluctuations can impact returns during market corrections.

Economic Slowdowns
Economic instability can adversely affect mid-cap stocks.

Such slowdowns could lower the growth trajectory of the fund.

Regulatory Changes
SEBI and government regulations may impact mutual fund operations.

For example, changes in taxation or investment limits can affect returns.

Inflation Risk
Inflation can erode purchasing power and real returns over 30 years.

This risk must be factored into your long-term goal.

2. Risks of Fund House Sustainability
Fund House Stability
A fund house with a poor track record may not survive for 30 years.

Choose an established and reputed fund house with strong governance.

Fund Manager Risk
Performance depends on fund manager decisions.

Manager changes may impact the strategy and consistency of the fund.

Operational Risks
Fund houses may face risks like technology failures or poor compliance.

Verify the operational strength and risk management policies of the fund house.

3. Realistic Return Expectations
Expecting 18-20% annualised returns over 30 years is optimistic.

Historical data shows mid-cap funds average around 12-15% returns.

Relying on higher returns can lead to unrealistic expectations.

4. Diversification for Stability
Do not rely solely on mid-cap funds for your goal.

Diversify with large-cap or flexi-cap funds to reduce volatility.

Balanced funds can provide a mix of growth and stability.

5. Importance of Periodic Review
Monitor your SIP performance regularly, at least once a year.

Assess fund performance against benchmarks and peers.

Make necessary adjustments to align with your goals.

6. Role of Active Fund Management
Actively managed funds can outperform benchmarks during volatile markets.

Fund managers actively track market changes and rebalance portfolios.

This approach offers an edge over passively managed index funds.

7. Tax Implications on Returns
Long-term capital gains (LTCG) above Rs. 1.25 lakh are taxed at 12.5%.

Short-term capital gains (STCG) are taxed at 20%.

Understanding tax implications helps plan withdrawals effectively.

8. 360-Degree Financial Planning
Emergency Fund
Maintain an emergency fund covering 6-12 months of expenses.

This ensures financial stability during unforeseen situations.

Adequate Insurance
Secure yourself with adequate life and health insurance.

Avoid using ULIPs or investment-linked insurance for this purpose.

Retirement Planning
Parallelly invest in retirement-specific instruments for long-term security.

Diversify your portfolio to include stable growth options.

Education and Marriage
Plan separate investments for future education and marriage expenses.

Diversify investments to balance risk across different life goals.

Finally
Mid-cap funds are a promising option for wealth creation, but they come with risks. Diversify, review periodically, and adjust your strategy as needed. Consult a Certified Financial Planner to build a robust, long-term investment plan tailored to your goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

Ramalingam

Ramalingam Kalirajan  |7322 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Dec 23, 2024

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I am Pushpinder Singh I will be 24 years in January 2024 and I have almost 12.5 lacs in financial markets 6.71 lac and 5.8 lac in mutual funds I have sip of 22000 per months divided in multiple mutual funds from mostly nippon mid cap fund and some other funds divided in small caps us equities large cap and government bonds and psu debt fund and I will be increasing my Sip to 25000 or 27000 including nps and my father and parents are giving me money for SIPs and mutual fund currently I am in Canada looking for job and planning to come back to India in march 2025 because my permit will expire then. Could you tell me what to do I am really confused and frustrated could you help me please thank you
Ans: At 24, managing Rs 12.5 lakh in investments is impressive.

Your SIP of Rs 22,000 reflects disciplined investing.

Planning to increase your SIP shows future financial awareness.

You’ve diversified across equity, debt, and international funds.

Relying on family for investments now provides flexibility.

However, it’s vital to plan for financial independence.

Clarity on Long-Term Goals
Define your financial goals clearly for better direction.

Examples include building wealth, home purchase, or retirement corpus.

Returning to India in 2025 changes your financial planning needs.

Review Current Investment Strategy
1. Mutual Funds Portfolio
Your focus on mid-cap and small-cap funds is growth-oriented.

These funds are volatile but perform well long-term.

Balance them with large-cap funds for stability.

PSU debt funds are safe but offer limited growth.

International equity exposure adds diversification but check fund performance.

2. SIP Increment
Increasing your SIP to Rs 25,000-27,000 is wise.

Focus on equity funds for inflation-beating returns.

Monitor underperforming funds and replace them if needed.

NPS Contribution and Benefits
Including NPS in your portfolio provides retirement-specific savings.

NPS allows tax benefits under Section 80CCD.

Opt for higher equity exposure in NPS for better returns.

As you near retirement, rebalance towards safer investments.

Financial Independence in Canada
Job search in Canada should focus on income stability.

Allocate part-time earnings to emergency funds or SIPs.

Build a liquid emergency fund covering at least six months’ expenses.

This fund can support you during job transitions in Canada or India.

Financial Adjustments Upon Returning to India
1. Reassess Your Expenses
Post-2025, review living expenses in India.

Adjust investments based on changes in cost of living.

2. Optimise Tax Efficiency
NRI status changes tax rules for your investments.

Understand mutual fund taxation when switching residency.

Keep debt funds minimal as they have higher tax rates.

3. Health Insurance and Risk Management
Ensure adequate health insurance coverage upon return.

Consider personal health policies in addition to family coverage.

Addressing Emotional Stress
Feeling frustrated at 24 is natural during transitions.

Focus on achievable milestones rather than everything at once.

Talk to family about shared expectations for clarity.

Final Insights
Your disciplined start provides a strong financial foundation.

Balance high-growth funds with stability-oriented investments.

Build financial independence while relying on family support initially.

Maintain focus on long-term goals even during temporary setbacks.

Regularly monitor and realign investments to match your evolving life stages.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

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

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