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Kanchan

Kanchan Rai  |189 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on May 05, 2024

Kanchan Rai has 10 years of experience in therapy, nurturing soft skills and leadership coaching. She is the founder of the Let Us Talk Foundation, which offers mindfulness workshops to help people stay emotionally and mentally healthy.
Rai has a degree in leadership development and customer centricity from Harvard Business School, Boston. She is an internationally certified coach from the International Coaching Federation, a global organisation in professional coaching.... more
Asked by Anonymous - May 05, 2024Hindi
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Relationship

Hello Ma'am, hope you're doing good. My problem is that something happened with me and I have started questioning my marriage. I and my wife are married 12 years ago after a lot of struggle as her parents were not ready because of our different caste and religion. Later we got married with their blessings. she is a very nice woman. After marriage, my business started going well and we're financially very well. We live with my parents and our two kids. Everything was going fine (obviously we do fight) until I met my business partner's sister who is a divorcee and I didn't know how but I started feeling attraction towards her. Recently, I dreamt of cheating on my wife with her. Since I am not able to hold proper eye contact with my wife and even I have started questioning my love for my wife. Has it ended ? I am very tensed since then.

Ans: It's normal to feel conflicted and unsure when you start experiencing attraction towards someone outside of your marriage. However, it's important to remember that attraction alone doesn't necessarily mean that your love for your wife has ended.

Before jumping to conclusions or making any drastic decisions, it might be helpful to take some time to reflect on your feelings and the reasons behind them. Ask yourself questions like: What specifically attracted me to this other person? Are there any underlying issues in my marriage that might be contributing to these feelings? Am I feeling unfulfilled or disconnected from my wife in any way?

It could also be beneficial to have open and honest communication with your wife about what you're going through. Sharing your feelings with her, even if they're difficult, can help strengthen your bond and provide clarity for both of you. Remember to approach the conversation with empathy and understanding, and be prepared to listen to her perspective as well.

Seeking support from a therapist or counselor can also be incredibly helpful in navigating these complex emotions and making decisions that are best for you and your family. They can provide you with guidance, perspective, and strategies for coping with your feelings in a healthy way.

Ultimately, it's important to prioritize honesty, communication, and empathy in your relationship, and to take the time to explore your feelings and needs before making any decisions about your marriage.
Asked on - May 05, 2024 | Not Answered yet
Thank you for your response. I was involved in a relationship with an unsatisfied woman just for sex before marriage. I am one of those persons who consider love and sex two different things and all I want from this new woman is sex. This is not new for me. since i met my wife she was the one thinking about whom or talking to can easily wash out all these sexual thoughts about other women. But this time it is also not helping me even thinking about her or bring with her is not helping me to get rid of these thoughts . This is making me question my relationship. Do I confess this feeling to my wife ? What if her trust in me is broken? My parents love her very much, they will also be angry with me . And how can I start?

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Love Guru

Love Guru   |187 Answers  |Ask -

Relationships Expert - Answered on Jan 13, 2022

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Dear Love Guru, My wife and I are in an arranged marriage since around 15 years and there is nothing that we celebrate about our relationship, except kids which are the only reason for our existing relations. I am working abroad and have visits for a month on vacation after every couple of months. After marriage, I noticed my wife’s flirting behaviour with strange men (to seduce) during many occasions but initially ignored it. However, I found it frustrating when I felt her to be habitual flirter. I then spoke to her, which was after around 2.5 years of our marriage, and she denied the matter. Soon noticing such perpetual habits about her, we went on for non-talking terms some time and then a storm broke out in our house. My parents and her parents supported her, since I couldn’t prove any of her behaviour. She has been lying since her behaviour was noticed and even after that, but my love for her and my child (at that time) made me feel that probably that I need to avoid any suspicious behaviour. Such storm was repeated even recently few years earlier. I had thought my idea of a second child would improve our relations, but it hasn’t helped. I could still notice her flirting behaviour with strangers and even with known personnel including my relatives. I even believe her to be in relationship with one of my cousins, based on my observations of their behaviour during our every meet, which I cannot speak of due to my previous experience and which will otherwise definitely terminate our relations. Actually, we are never on good terms these days whenever I visit home and mostly converse only if required. We are also not good in bed and I have also been feeling a low erectile in bed these days. These moments have affected me psychologically and I feel very negative about our relationship. My family remains my priority and I have been trying to see that we all are all happy as a family. I have even sacrificed my own family time for better earnings so that my family can get all the best in life. She takes good care of the children and manages the house nicely. I also ensure that we, as a family, go out on long journeys for travel and my children are everything for me. I have trying to cope up with all this by focusing on work and socialising with friends to the best extent possible. However, her behaviour (in spite of my presence) makes me feel negative. How can I deal with the matter since any re-attempt on my part to speak on the same matter, even if cordially, with my wife will create another storm like earlier? I wish to sort out the differences and need your advice. Should we meet a counsellor separately on this to sort out the matter? Keep me anonymous and respect my privacy.
Ans:

You’ve been sweeping the same issues your marriage has faced from the very beginning under the carpet for 15 years. Why?

And instead of addressing the issues, you decided to go ahead and have a second child?

Having a child is a joy in itself, but it is never the solution to marital woes; in fact, in most cases it only exacerbates the problem.

From everything you’ve told me, you seem to come across as an insecure husband.

I’m not saying that what you’ve told me is untrue, but you keep suspecting your wife of flirting with random men and have no proof of it.

Both sides of the family support her and let me tell you, unless she is a master of deception, no one can conceal their true nature so well from everyone else for the better part of two decades.

Maybe what you construe as flirting is simply her being friendly? Maybe you’re just not comfortable with the manner in which she interacts with other men?

Have you ever managed to prove her inappropriate relations? And when you accuse her, she blows up at you... a guilty party would not react in so volatile a manner.

I do think marital counselling is in order. And yes, maybe separately at first and then together.

Contact a good therapist and do it sooner rather than later... 15 years has been long enough!

 

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Anu

Anu Krishna  |880 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Jan 19, 2022

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Dear MamI am a 33 year old male working in a PSU at middle management level. Six years ago I was married happily as per my wish to a girl of my choice.Everything was just perfect. My wife is 4.5 years younger to me. I had to go against my parents wish as they were not comfortable with a non working wife. Mine was not a love story but yes I met girl through a common friend and went ahead for the alliance. Our sex life was also great in the start and we welcomed a baby girl just 2 months short of our first wedding anniversary. However now when I compare I do understand that because of household chores she could not give proper time to me, but still I feel a strong urge to have sex with her. She somehow does not reciprocate well and is dull in having sex. Apart from this we still fight over silly things and tolerance level of both of us have gone very down. Sometimes I feel to this extent that I should walk out from the marriage because I really don't want hot talks in our relationship. I agree I have a 5 year old baby girl. I do control my feelings and anger too to some extent. My wife also does the same but really small things trigger me on. Also I always have a huge sex drive and I feel that if I don't get it from my wife I should look out for other options. I have not cheated with her but I feel that given the option I can because of sex urge. May be this is due to higher libido and I do masturbate occasionally fantasizing my neighbour or other female friends and sometimes my wife too. I don't know what goes through me but seeing your column I felt I should tell you these small details so you could give me an honest answer. I don't want to leave her, I do love her a lot but these fights really make me lose my cool and feel depressed.What should be done according to you ? Should I see a psychiatrist?
Ans:

Dear AY,

I will ask you to introspect and ask yourself: When did things start going downhill?

What event led to this? Surely, things don’t happen all of sudden, so something or some thought must have led to this.

Also, it’s important to understand that managing home and a child is a full time job and it tires the woman a lot.

To be in a mood for sex, the woman needs to be relaxed and calm…if the work at home is tiring, try and hire a domestic helper or any extra help that will ease her.

That way she will have more time to care for herself and her needs as well. Offer to pitch in and this will also bring the two of you closer.

Your theory of your high libido which is not being matched by your wife may or may not be true as sometimes that solution is simpler than you think.

Sadly, we are used to complicating things and look at what’s obvious in front of us.

Sex outside of marriage seems to be an option that has crossed your mind, but I do understand from your letter that you care and love your wife a lot.

Let not a moment of weakness make you shake the foundation of a beautiful relationship that the two of you share.

Have an open chat with her. Express how you feel and speak of your sexual needs.

Most often, communication solves most marriage issues. If this doesn’t work, kindly seek professional help with a marriage therapist.

Ultimately, you know why the two of you are married and why you chose her to be your wife.

Bear that in mind and a lot of yours mind struggles will ease and you will be able to think more usefully and also move into a better marriage space.

Happy 2022 and here’s wishing you the best in life!

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Anu

Anu Krishna  |880 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Aug 27, 2021

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For many years I was in love with my best friend who I thought wasn’t interested in me. I did not pursue her when I should have because I cared for our friendship. After I got married I was never really happy nor could I forget her. I even told my wife about the girl I loved. She was okay about it because we both felt it was one sided. Recently I discovered that she loved me all these years but both of us never had the courage to take it further. When we got together, we realized how much we missed each other all these years. Neither of us are happy in our marriage and this news has really disturbed me. I feel emotionally and physically distanced from my wife and I feel guilty about it because she is not at fault. I have a son and I am not in a position to abandon him or my wife. But I am not able to sleep or stop thinking about starting a perfect life with her. I have a stable career but now I am not able to focus on anything. Anu mam, please guide me how to find a solution for both of us.
Ans: Dear B, Catch -22 situation indeed here.

Let’s draw out the perspectives here.

Both of you are married and when you had the chance, you didn’t tell each other.

Now, you have discovered that ‘missed out’ moment and want to make up for it now when families have grown.

How would you advise a friend, if he came to you with this situation?

Would you ask him to leave his family and move in with his lady love? Would you ask him to forget his familial responsibilities and search for love outside?

Again, it is not for me to give you solutions but to lead you to a place where you can find the solution yourself.

So, now that you friend has moved in with his lady love, will he forget his family?

His son for who he will always be a role model? Also, what will he tell his wife who had no role to play into the storm in her life?

The key is that there are 4 mature adults and I guess it’s time for you and the lady that you love to sit down and discuss what happens if you continue in your marriages or move away.

Discuss with your respective spouses as well, as they need to be party to this so that their thoughts and feelings are taken into consideration.

After all, they came into your lives, to become life partners. Whatever the decision, always bear in mind, if you continue in your marriage, do it with full heart as you need to rebuild it and if you move away, your son and his state of mind must be cared for, so make sure you create a wonderful environment for them and care for their needs always.

Also, ask yourself this: What will I lose if I move away from my marriage? What is it that I truly love in my wife?

Life is filled with temptations and sometimes we want some change, some spark…it’s possible in the existing relationship only if you choose to look at it that way. Ultimately, the decision is yours, but there’s a lot to consider and reconsider.

Go deep into a reflective mode and choose.

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Ravi

Ravi Mittal  |194 Answers  |Ask -

Dating, Relationships Expert - Answered on Dec 08, 2023

Asked by Anonymous - Dec 07, 2023Hindi
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I am 40 year old and married for 14 years but what happened in 2011 was me n my wife was working in a same company and my wife became close to a colleague on the same floor we work. She was very friendly n one day her colleague proposed her via her friend my wife didn't tell me n she felt very excited about it and after she became very friendly with him after few days she was ignoring me and she expressed her feelings too.but soon she realised she is going wrong and i noticed her changed behaviour and soon she started ignoring tht guy but he came n offered her chocolate and my wife informed me saying this guy's intentions I ask her to tie raakhi she tried but he was running away later we logged out she asked me to stop him and I forced him to him to tie raakhi and my wife was tying and he said I love u. I gve a tight slap to tht guy. Soon after he left the job. We were still working and left the office n joined different companies.after 6 months she went to same office for 2 months. And suddenly she left the job.Now after 12 years her TL met with my ex colleague and shared he working in tht office my colleague asked hey in tht same office my friend was working with his wife and her TL said ohh yeah his wife had n affair with other guy and he asked his wife to raakhi. And my ex colleague called me n said the same to me and since then I have so many doubts on my wife and after few days she confessed she had feelings for him and she already knew he likes her and she said it was just a feeling. Now we are having difference between us. Please help what can be done now I'm getting disturbed alot. 12 years this was secret.
Ans: Dear Anonymous,

I am sorry to hear that you are facing such issues. Doubt is very destructive in a relationship. It's important to have an open and honest conversation with your partner regarding what happened in the past. Don't push her to give you all the details; it will not contribute positively to your well-being. Aim for a more balanced and productive discussion.

You have to recognize that all these happened many years back. It's in the past. And you cannot change it. While it's essential to acknowledge and understand them, dwelling on them may impact your peace of mind. Focus on the present and try to build a more transparent and communicative relationship in the present. Take this opportunity to work together and strengthen your marriage.

Best Wishes!

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Anu

Anu Krishna  |880 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Feb 26, 2024

Asked by Anonymous - Feb 23, 2024Hindi
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Dear Ma'am , Please keep my identity confidential. I am facing a very unique problem, I am happily married man for last 18 years with 2 children, before my current marriage in 2003 my Marriage was fixed with a girl ( I was based out of Singapore at That time, I work in management position in one of top IT companies now in India) who was a very distant relative ( her Bhabhi and my Bhabhi were cousins). for some health reason at that time I backed out of from that marriage and when I was better we proposed marriage to her again but then she was already engaged. later I got married to my wife and she too has got married ( I am not in touch with her not knows anything about her husband and never tried to find out. even though I know that my elder brother and her elder cousin have become good friend and I stayed in far off city from them. problem started for me in September 2023, out of no where I started getting bad creams about her. once I found here ( in dream) at nreaby place where she was in bad shape and i brought here home. my dream ended there that night. after that regularly started getting some dreams or other almost every early morning. as it was going to an arranged marriage i had never spoken to here , not a single word. but since then dreams have not stopped some time negative and sometime positive like we are enjoying life together. one of psychologist suggested me to fins out about here current status just to validate that she is all fine in here life but I could not as no one from my family supported the idea of getting touch with as I have no details of her except she is married and working as Teacher ( she is M.Sc. B.ED) . Please guide me if there is normal and what can I do as these dream are not stopping and I am getting so involved that I am unable to forget her, Please guide.
Ans: Dear Anonymous,
Dreams can just play out like a movie on what bothers you or what you are fearful of or even things that you feel happy about. Certain experts also suggest that dreams can help in resolving underlying issues.
Whatever it is, do remember what you said: I am happily married man for last 18 years with 2 children.
The past better be where it must be. To go into what the other lady is doing and knowing her current status is only going to get you more entangled into her life. Do you really want this entanglement? Do you really wish to be a part of a situation where you spend mind cycles to figure out if all is okay with her and in the bargain disturb the peace in your life? I am sure you know what the answers are.
Find solace in the fact that she must have people who care for her and who love her. This will to a large extent keep you from looping into her life even at a subconscious level. And also start to be more involved within your family...this will keep you engaged and also give you an assurance that you are in the right place with the right people meant for you.
The mind does what it is directed to do; so direct it toward actions that support your growth and peace of mind.

All the best!

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Ramalingam

Ramalingam Kalirajan  |2611 Answers  |Ask -

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

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

Strong Foundation:

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

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

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

Reaching for Rs. 5 Crore:

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

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

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

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

Remember:

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

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

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

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

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2611 Answers  |Ask -

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

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

Understanding Your Income:

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

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

Investment Options:

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

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

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

Importance of Health Insurance:

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

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

Benefits of a CFP:

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

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

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

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

Remember:

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

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

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

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

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2611 Answers  |Ask -

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

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

Financial Goals:

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

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

Investment Strategy:

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

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

Potential Asset Allocation:

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

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

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

Benefits of SIPs:

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

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

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

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

Remember:

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

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

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

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

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2611 Answers  |Ask -

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

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

Current Portfolio:

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

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

Estimating Retirement Income:

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

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

Reaching the Rs. 2 Lakh Goal:

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

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

Potential Strategies:

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

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

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

Remember:

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

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

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

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2611 Answers  |Ask -

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

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

ELSS and Long-Term Capital Gains:

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

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

Your Scenario:

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

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

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

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

Benefits of Consulting a CFP:

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

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

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

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2611 Answers  |Ask -

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

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

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

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

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

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

Here's an example (not a recommendation):

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

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

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

Remember:

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

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

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

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2611 Answers  |Ask -

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

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

Current Portfolio Mix:

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

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

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

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

Potential for Improvement:

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

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

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

Benefits of a CFP:

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

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

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

Remember:

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

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

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

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2611 Answers  |Ask -

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

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

Understanding the Options:

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

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

Wartime Considerations:

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

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

Potential Advantages of Quant Value Fund:

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

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

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

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

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

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

Remember:

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

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

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

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2611 Answers  |Ask -

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

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

Axis Tax Saver Direct Growth:

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

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

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

Disadvantages of Direct Plans:

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

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

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

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

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

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

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

MFD with CFP Qualification:

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

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

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

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

Remember:

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

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

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

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2611 Answers  |Ask -

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

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

Choosing a Platform:

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

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

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

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

Investing for Your Child:

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

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

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

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

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

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

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

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