Home > Relationship > Question
Need Expert Advice?Our Gurus Can Help
Ravi

Ravi Mittal  |252 Answers  |Ask -

Dating, Relationships Expert - Answered on Apr 23, 2024

Ravi Mittal is an expert on dating and relationships.
He founded QuackQuack, an online dating platform, in 2010 with just two people. Today, it has over 20 million users in India.... more
Asked by Anonymous - Apr 22, 2024Hindi
Listen
Relationship

Hello sir When i was studying in school i liked one girl. we talked through a common friend. After some time we talked on phone and messages. Last day of my school day i proposed her and she didn't reply. After that she doesn't even reply to my calls and messages. I found it in the market today, 9 years later. She is married now, after seeing her I feel regretful and am not able to concentrate on my work. what should i do

Ans: Dear Anonymous,

I am sorry that you are feeling this way. One-sided love can be harsh on your mind. We can't exactly blame her here. She never led you on or expressed any such feelings for you. Neither was she bound to reciprocate. But keeping that aside, you are allowed to feel sad. Allow yourself to feel it. Trust me, it's nostalgia. It will pass. It is normal to be distracted when you are feeling gloomy. Try diverting your attention to something else. Talk to your friends, go out for a movie, go for a weekend trip, pick up a hobby, hit the gym, go for a run; mostly, keep yourself busy. You will not feel like this forever. I assure you that.

Best Wishes.

You may like to see similar questions and answers below

Love Guru

Love Guru   |187 Answers  |Ask -

Relationships Expert - Answered on May 30, 2022

Relationship
Hello Sir or Madam. Please keep me as anonymous only. Let me tell my story. I am 29 now. Work for an MNC for the past six years. From middle class family with big circle. Before going to speak out on my problem, let me tell my nature, how I was brought up, studies and attitude. Since we are middle class family with no financial crisis, I never seen ups and downs in Life accordingly. In the case of studies, I was topper at all levels of education till MBA from reputed institute. I was like love is trash n waste of time. When I used to hear all love stories, I used to feel pity on them. But I did maintain very good relationship with many, many girls (not GF type). But now I am going through the hell just because of one girl whom I was forcibly loved her and later I addicted to her with true love. During COVID I had to go WFH for two years. She visited her granny’s house and stayed back for few weeks. They live in Bangalore. I have never seen her face or noticed her during the time when she stayed. But she noticed, observed and enquired about me. So once she left to Bangalore, she sent FB request and I accepted. Immediately we have exchanged numbers and started texting ‘n’ talking. Initially I rejected her since she is eight years junior to me. Later she emotionally told once as she lost her father very recently and she just don’t want to go into depression again if I reject her. I got convinced and started loving truly. I replaced her father in her life which she used to tell. One day, she got caught by her brother while she was on call with me. Since we belong to different castes, they rejected me. She got house arrested. There was no connection between us. First time in life I fell into depression. I lost my job after just three weeks when she got separated from me. I was unable to speak anyone in the world. My family ‘n’ circle was afraid as I may do harm to myself for her. On December 16, 2021, I tried to commit suicide by writing a letter in laptop to her telling how I was missing her ‘n’ needed her. Took print and left to railway track to die. I took alcohol and was on the track. Someone rescued me and took me to hometown from Bangalore with PAN card address which was in my purse. Every day I was losing hope on my life. Finally I got call from her number in the first week of Jan. I was happy and cried like anything with her on call. She told that she would never leave me alone whatever happens ‘n’ who ever tries to separate us. Again, I took my energy ‘n’ hopes back and started job searching. There was 1 month gap again until Feb 8, 2022. After that she used to call me whenever it is possible. From March 15 to March 31, she kept fighting with me over call and spoken mercilessly. There was no kindness or love or concern on me. Again, I lost hope on my life. She kept asking me to stay away from her. She knew that I cannot initiate contact from my end, since she only should do whenever she able to do. Day by day, I am losing interest on my Life. I left the job. Now I’m alone with her thoughts and words spoken by her. My family n circle knew all this drama what’s going on. They hate me for losing self-respect for a girl. But I have never seen that girl as a girl. I am addicted to alcohol, day ‘n’ night drinking and surviving. I knew she won’t come back if I ruin my life like this by drinking ‘n’ all. But I just can’t control myself over her. The promises which she made me were gone... But still I stand for her, for what I promised. I begged the girl like anything not to leave me alone. I just can’t digest that she won’t be no more for me. N number of the times I used to tell her that You are my first priority over all in my life, like family, siblings, money, career and what not. Most of the times I told her that I’ll commit suicide for you if I come to know that you are not there for me. It doesn’t mean that I am an emotional fool who does not know how to live or unable to get another girl. But you have such significance in my life. I elaborated as much as I can. But she never listened me. I am just wonder where was her sweet words ‘n’ promises, what’s the reality now? I am upset with me -- where was original me and who I am now without self-respect. My parents ‘n’ siblings are forcing me to give up on her. As per them, she is just a golddigger and cheater without love and trust... My mind n heart never ever forgets her. Don’t know the future. But many times I pray God to kill me in sleep itself without pain so I can reach Venkateshwara... Entire world is against that girl, but I am defending her at every passing moment. Human beings invented many amazing things. My wish is we should be available with tablets or injection which can erase memories which belongs to particular person or for particular time in life... The real enemy to the human beings is LOVE.... Finally I am just waiting for my death... I knew that she won’t realise even if I die also. But I should sleep forever and ever just because for the crime I did love her.... Dear Bujji, it’s for you. I am also a human being as like U. As like your mother, even my mother has given birth to me. Finally, no words.... I am alone... Memories are hunting me.... chasing me... Love Guru, please publish this story as it is. Because someone may going through hell with similar story at least they will read the Q&A as well. Love Guru... I hate me... I do have all with me -- good health, 21 LPA job now, stabilised family and friends ‘n’ family circle... But this bloody struggling to get her love amongst the 7 billion people on this Earth... Love Guru, I feel that I lost. I am feeling low... I got cheated by her... Finally I am nothing to her. Dear readers, don’t think that why this fool is suffering for a girl like this.... I have seen her my GODDESS... Thank you... Have a nice day…
Ans:

You’ve needlessly wound yourself up over a silly girl.

You don’t even sound like you’ve had a physical relationship, it was only long distance, so what are you getting so out of joint for? A few intimate conversations with someone who said one thing but meant another?

If things in your life are spiralling so much out of control, I’d suggest therapy.

Stop drinking before it becomes a real problem. It sounds like you’re doing this to yourself deliberately, so that you receive some attention from her.

But the more you do this, the worse the situation will get. And no woman wants an out-of-control, desperate, alcoholic lover!

For heavens’ sake, man, get a hold of yourself and, if you can’t, then get the professional help you need. 

..Read more

Ravi

Ravi Mittal  |252 Answers  |Ask -

Dating, Relationships Expert - Answered on Mar 24, 2023

Asked by Anonymous - Mar 16, 2023Hindi
Listen
Relationship
hi gure. i am unmarried fall for one girl through online marriage app and we are planning for marriage. few days back we got engaged as well.but after that i am in think that she is avoiding me. she go to sleep early even we were not in talk that much. i always in overthinking that she may have affair or she may ditch me. i cant control my emotion for her. if i cant get her call i called her madly. its make me so depress, nervous. i can not concentrate on work , other imp things. what should i do to get out of this help me ? help me get out of this sir
Ans: Dear Anonymous,

While overthinking can destroy a relationship, if you feel in your gut that something isn't right, there might be some truth and reason to it. My advice would be to have an open discussion about the same with your girlfriend.

We often see people making commitments but backing out later owing to several issues; it can be family-related or something else completely. It is better to speak about your worries right now than to get married and regret it. Maybe your partner is no longer interested in you or maybe she is facing some other trouble altogether; the only way you can understand what's happening is if you ask.

Don't beat around the bush or lose sleep over assumptions; sit your girlfriend down and ask her what's the matter. If she is no longer in love with you, you should consider yourself lucky to have learned it now rather than later, when things are more official and there are no breakups, only divorces. You deserve to be peacefully in love, not worrying about losing it every waking minute.

Hope this helps.

Best Wishes!

..Read more

Ravi

Ravi Mittal  |252 Answers  |Ask -

Dating, Relationships Expert - Answered on Apr 13, 2023

Listen
Relationship
I started a relationship with a girl. First we thought it just a relationship no marriage. But as days going we fell deep into each other that we cant live without each other. I found one thing that she loving more than needed. Im so scared of her, what will she do if i run out of her life for my marriage. This thought killed me. So I decided to leave her without telling a reason. I left her with a small issue. I really dont want to loose but i had to. I just said good bye, she also said good bye. Later i never texted her. She too never texted me. But after 2 months i felt guilty of leaving so i came back to her. Previously her parents decided to marry her to their son in law. I know this when were in relationship. So after our breakup i came back to her. But she said no to me because she is committed with her brother in law. I cant take this. Its killing me. After i said good bye she never tried to contact me for patch-up. Even no texts. Her brother in law told her that im ready to marry you. So she too said i too like you and im also ready to marry you. But their marriage will happen in 2026. I told her that untill marriage please be with me and this is our deal when we started our relationship. But she said no. I begged her many times but she always said no to me. And still now i cant believe that she said no to me. All this happened 3 months ago but still i cant forget her. Recently she deleted my number also. Everything making me feel low. What should i do now?
Ans: Dear Srikanth,

To me, it sounds like you broke up with her. No, you ghosted her. How you put her on trial isn't clear to me, given the fact that you stopped contacting her after a mere goodbye and no proper explanation. Why did she not try to contact you? Maybe she has enough self-respect to restrain herself from doing so; I cannot speak for her but judging the events, you were the one who broke up and you need to own up to it.

Moving on to her deciding to get married- I am assuming she told you she's happy to marry her intended; if so, please accept the reality and move on. Next, why is she not agreeing to be in a relationship with you till the time she gets married? To expect otherwise from any sane, self-respecting person is delusional.

You knew that the two of you could not end up together and took a decision; immature as it was, your intentions were good. Similarly, your ex chose to move on. I don't see either of you making any considerable mistakes here. Both were right in their ways, except for the "you leaving her without a word" part. It is time you move on, and let her live her life in peace. You might feel low for a while, but nothing feels worse than hurting the people you once loved, and compelling your ex to commit to you when she doesn't want to is the same as hurting her. Make the right choices.

Best Wishes!

..Read more

Anu

Anu Krishna  |1043 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Nov 15, 2023

Latest Questions
Ramalingam

Ramalingam Kalirajan  |5036 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 19, 2024

Listen
Money
Should I invest in land ( plot) real istes by taking loan instead increases in SIP
Ans: Let's explore why investing in SIPs is more advantageous than investing in real estate by taking a loan.

Advantages of SIPs

Low Initial Investment: Start with as little as Rs 500 per month.

Professional Management: Actively managed funds by expert fund managers.

Rupee Cost Averaging: Mitigates market volatility by averaging the purchase cost.

High Liquidity: Easy to redeem investments without much hassle.

Tax Efficiency: Certain mutual funds offer tax benefits.

Disadvantages of Real Estate Investment

High Initial Cost: Requires significant capital upfront.

Loan Burden: Increases financial pressure with monthly EMIs.

Low Liquidity: Selling property can take considerable time.

Market Volatility: Property values can fluctuate, affecting returns.

Maintenance Costs: Ongoing expenses for property upkeep.

Why SIPs are Better

Lower Risk: Diversified across various sectors, reducing risk.

Ease of Investment: Simple to start, manage, and monitor.

Debt-Free: No borrowing, thus no additional financial burden.

Flexibility: Adjust SIP amounts according to your financial situation.

Compounding Benefits: Long-term investments grow significantly due to compounding.

Step-Up SIP Strategy

Annual Increase: Gradually increase your SIP amount each year.

Harness Compounding: Higher contributions grow faster over time.

Income Adjustment: As your income grows, so can your SIP investments.

Final Insights

SIPs offer a balanced, flexible, and low-risk investment option. They provide professional management, tax benefits, and ease of investment. Real estate, while a tangible asset, involves high costs, debt, and lower liquidity. By focusing on SIPs, you can build a robust financial future without the burdens associated with property investments.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |5036 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 19, 2024

Asked by Anonymous - Jul 04, 2024Hindi
Listen
Money
I am 35 year old ,I need a financial advice of Saving money in mutual fund for short and long term.i has a Term insurance from LIC jeevan anand for 15 lakh ( 21 years paying year ) monthly 38k since 2016 and also now two before started ICICI midsmall 400 ulip monthly 10k ,so please advise for investment at age of 48 need to get a good saving
Ans: You are 35 years old and seeking advice on saving money in mutual funds for both short and long term. Your current investments include:

LIC Jeevan Anand: Rs 15 lakh term insurance, monthly Rs 38,000, since 2016
ICICI MidSmall ULIP: Monthly Rs 10,000, started two years ago
You aim to have good savings by the age of 48.

Evaluating Your Current Investments
LIC Jeevan Anand
This is a traditional insurance plan offering a combination of savings and protection.

Benefits: Provides life cover and savings.
Drawbacks: Lower returns compared to mutual funds.
ICICI MidSmall ULIP
This is a unit-linked insurance plan with mid-small cap exposure.

Benefits: Market-linked returns with insurance cover.
Drawbacks: Higher charges and lower flexibility compared to mutual funds.
Suggested Improvements
Reviewing Current Insurance Policies
While LIC Jeevan Anand offers life cover, the returns are not as high as other investment options.

Surrender or Continue: Evaluate the surrender value and compare it with potential returns from mutual funds.
Considering Mutual Funds
Mutual funds offer higher returns and flexibility. Let's explore options for short and long-term investments.

Short-Term Investment Strategy
Liquid Funds
Liquid funds are ideal for short-term goals (1-3 years). They offer better returns than savings accounts and are easily accessible.

Invest in Liquid Funds: Allocate a portion of your savings for short-term goals.
Short-Term Debt Funds
Short-term debt funds provide stability and reasonable returns for a 3-5 year horizon.

Invest in Short-Term Debt Funds: Allocate funds for medium-term goals.
Long-Term Investment Strategy
Equity Mutual Funds
Equity mutual funds are suitable for long-term goals (5+ years). They offer high returns by investing in stocks.

Large-Cap Funds: Stable returns with lower risk.
Mid-Cap and Small-Cap Funds: Higher returns with moderate risk.
Balanced Funds
Balanced funds invest in both equity and debt, providing a mix of growth and stability.

Invest in Balanced Funds: Suitable for long-term goals with moderate risk appetite.
Systematic Investment Plan (SIP)
Investing through SIPs helps in averaging the cost and compounding returns over time.

Start SIPs: Allocate monthly amounts to various mutual funds based on your risk profile.
Portfolio Allocation
Short-Term Goals
Liquid Funds: Rs 10,000 monthly
Short-Term Debt Funds: Rs 5,000 monthly
Long-Term Goals
Large-Cap Equity Funds: Rs 10,000 monthly
Mid-Cap and Small-Cap Equity Funds: Rs 5,000 monthly
Balanced Funds: Rs 5,000 monthly
Regular Monitoring and Review
Review your portfolio regularly to ensure it aligns with your financial goals and market conditions.

Annual Reviews: Assess performance and adjust as needed.
Consult a Certified Financial Planner: For personalized advice and strategy adjustments.
Final Insights
To achieve your financial goals by the age of 48, consider reallocating your investments towards mutual funds for better returns. Liquid and short-term debt funds are ideal for short-term goals, while equity and balanced funds are suitable for long-term goals. Regularly review your portfolio and consult a Certified Financial Planner for personalized advice.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |5036 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 19, 2024

Listen
Money
Hello Experts, I have a to invest a lump some amount of 10L for next 2years... Let me know the right investment platform... Thank you ????
Ans: Investing Rs. 10 lakh for a period of 2 years requires a careful approach. It's important to balance returns with safety and liquidity. Here are some recommended options.

Debt Mutual Funds
Advantages:

Lower risk compared to equity funds.

Suitable for short-term investment horizons.

Recommendation:

Short Duration Funds:

Invest in funds that offer stability and consistent returns.

Ideal for a 2-year period.

Corporate Bond Funds:

Focus on high-rated corporate bonds.

Provides better returns with moderate risk.

Fixed Deposits (FDs)
Advantages:

Assured returns with minimal risk.

Suitable for conservative investors.

Recommendation:

Bank Fixed Deposits:

Choose a reputed bank for better interest rates.

Ensure the FD term aligns with your 2-year investment horizon.

Corporate Fixed Deposits:

Opt for high-rated corporate FDs for slightly higher returns.

Check the credit rating and financial stability of the company.

Liquid Mutual Funds
Advantages:

High liquidity with low risk.

Better returns compared to savings accounts.

Recommendation:

Liquid Funds:

Invest in funds that provide quick access to your money.

Suitable for managing short-term cash needs.

Ultra-Short Duration Funds
Advantages:

Invests in debt securities with very short maturity periods.

Lower interest rate risk.

Recommendation:

Ultra-Short Duration Funds:

Focus on funds with a good track record.

Ideal for parking funds with better returns than savings accounts.

Recurring Deposits (RDs)
Advantages:

Regular savings with fixed returns.

Low risk investment option.

Recommendation:

Bank Recurring Deposits:

Suitable for systematic savings over the 2-year period.

Ensure you choose a bank with competitive interest rates.

Diversified Portfolio
Advantages:

Spreads risk across multiple asset classes.

Enhances overall returns.

Recommendation:

Combination of Debt and Liquid Funds:

Allocate funds between short duration, liquid, and ultra-short duration funds.

Balances risk and provides better returns.

Key Considerations
Risk Tolerance:

Low Risk: Opt for fixed deposits and ultra-short duration funds.

Moderate Risk: Consider short duration and corporate bond funds.

Liquidity Needs:

Ensure a portion of the investment remains easily accessible.

Liquid and ultra-short duration funds provide high liquidity.

Professional Guidance:

Consult a Certified Financial Planner for tailored advice.

Align investments with your financial goals and risk profile.

Final Insights
Investing Rs. 10 lakh for a 2-year period requires a balanced approach. Consider debt mutual funds, fixed deposits, liquid funds, and ultra-short duration funds. Diversify your investments to spread risk and enhance returns. Regularly monitor your portfolio and seek professional guidance for optimal results.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |5036 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 19, 2024

Listen
Money
I am 50 and planning to retire at 52 by 2026. I am building my retirement corpus of ?1 crore and investing in the following mutual funds: HDFC Balance Advantage Fund (30%), SBI Conservative Hybrid Fund (30%), ICICI Prudential Equity and Debt Fund (20%), Kotak Equity Savings Fund (10%), and Quant Multi Asset Fund (10%). Starting from 2027, I plan to withdraw ?40,000 monthly, adjusted for 6% inflation in the following years till my life time. Please review my portfolio and suggest any improvements.
Ans: You are 50 years old and plan to retire at 52 by 2026. You aim to build a retirement corpus of Rs 1 crore. Your current investment allocation in mutual funds is as follows:

HDFC Balance Advantage Fund: 30%
SBI Conservative Hybrid Fund: 30%
ICICI Prudential Equity and Debt Fund: 20%
Kotak Equity Savings Fund: 10%
Quant Multi Asset Fund: 10%
Starting from 2027, you plan to withdraw Rs 40,000 monthly, adjusted for 6% inflation annually.

Evaluating Your Portfolio
Asset Allocation
Your portfolio has a mix of balanced and hybrid funds, which is suitable for a conservative to moderate risk profile. Here's an evaluation of each fund type:

Balance Advantage Fund: Provides a balance between equity and debt, adjusting based on market conditions.
Conservative Hybrid Fund: Focuses more on debt, offering stability with limited equity exposure.
Equity and Debt Fund: Offers a balanced mix of equity and debt, suitable for moderate risk.
Equity Savings Fund: Provides equity exposure with a hedge through debt and arbitrage.
Multi Asset Fund: Invests in multiple asset classes, reducing risk through diversification.
Inflation-Adjusted Withdrawal
Planning to withdraw Rs 40,000 monthly, adjusted for 6% inflation, is a prudent approach to ensure your corpus lasts through your retirement years. However, it’s important to ensure the portfolio generates sufficient returns to meet these withdrawals.

Suggested Improvements
Diversification and Risk Management
While your current allocation is good, consider the following adjustments for better diversification and risk management:

Increase Equity Exposure: To ensure long-term growth, you might want to increase equity exposure slightly. Consider reallocating a portion from the Conservative Hybrid Fund to a pure equity fund for higher returns.
Include a Debt Fund: Adding a dedicated debt fund can provide stability and regular income, balancing the equity exposure.
Proposed Portfolio Allocation
New Allocation
HDFC Balance Advantage Fund: 25%
SBI Conservative Hybrid Fund: 20%
ICICI Prudential Equity and Debt Fund: 20%
Kotak Equity Savings Fund: 10%
Quant Multi Asset Fund: 10%
Large-Cap Equity Fund: 10%
Short-Term Debt Fund: 5%
Benefits of the New Allocation
Increased Growth Potential: Adding a Large-Cap Equity Fund enhances growth potential.
Enhanced Stability: Including a Short-Term Debt Fund provides additional stability and regular income.
Balanced Risk: The mix ensures a balance between growth and stability, reducing overall portfolio risk.
Implementation Strategy
Systematic Withdrawal Plan (SWP)
Post-retirement, use a Systematic Withdrawal Plan (SWP) to manage your withdrawals. This ensures a steady income stream while keeping your corpus invested.

Start SWP: From 2027, initiate SWP from your mutual funds.
Adjust for Inflation: Withdraw Rs 40,000 monthly, increasing annually by 6%.
Regular Monitoring and Review
Regularly review and adjust your portfolio to ensure it aligns with your withdrawal needs and market conditions.

Annual Reviews: Assess performance and adjust as needed.
Consult a Certified Financial Planner: For personalized advice and strategy adjustments.
Final Insights
Your current mutual fund allocation is good but can be improved for better growth and stability. Consider increasing equity exposure slightly and adding a dedicated debt fund. Use a Systematic Withdrawal Plan to manage your withdrawals post-retirement. Regularly review your portfolio to stay on track with your financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |5036 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 19, 2024

Asked by Anonymous - Jul 04, 2024Hindi
Listen
Money
I am a married woman and a nursing tutor by profession.I am teaching in an institution with very less salary.that is 14 thousand per month. I want to save 10 thousand per month.How can I invest to get financial security in future. I want to secure my future children's life and also my parent's health.I want to proceed for post graduation also which will cost about 2.5lakhs.
Ans: Congratulations on your decision to plan for a secure financial future. Given your monthly income and goals, let's discuss how you can wisely invest Rs 10,000 per month.

Setting Clear Goals

First, let’s outline your primary financial goals:

Future Children’s Life: Ensuring a secure financial future for your children.

Parents’ Health: Covering medical expenses for your parents.

Post-Graduation: Saving for your post-graduation which costs around Rs 2.5 lakhs.

Prioritizing Your Investments

To achieve these goals, it's essential to prioritize and allocate your investments efficiently.

Children’s Future

To secure your children's future, you can start investing in mutual funds through SIP (Systematic Investment Plan). Here’s a suggested allocation:

Child Plan: Allocate Rs 3,000 monthly to a mutual fund specifically designed for child education. These funds invest in equity and debt, providing a balanced approach.

Equity Funds: Invest Rs 2,000 monthly in diversified equity funds. These funds have the potential to grow your investment over the long term.

Parents’ Health

Ensuring your parents have health coverage is critical:

Health Insurance: Use part of your monthly savings to purchase a health insurance policy for your parents. Allocate Rs 1,500 monthly for this purpose.
Post-Graduation

To save Rs 2.5 lakhs for your post-graduation in a few years:

Debt Funds: Invest Rs 3,000 monthly in debt mutual funds. These funds offer stability and moderate returns, making them ideal for short-term goals.
Emergency Fund

An emergency fund is essential for financial security:

Liquid Funds: Allocate Rs 500 monthly to a liquid mutual fund or a savings account. This fund will help you handle unexpected expenses.
Benefits of Actively Managed Funds

Actively managed funds are handled by professional fund managers. They aim to outperform the market, offering potentially higher returns. This approach can be beneficial for long-term growth.

Importance of Regular Funds

Investing through a Certified Financial Planner (CFP) and Mutual Fund Distributor (MFD) provides:

Professional Guidance: Regular funds offer expert advice and management.

Market Insights: Fund managers continuously adjust the portfolio to market conditions.

Stepping Up Investments

Consider increasing your investments as your salary increases. Even a small annual increase can significantly boost your savings over time.

Tax Planning

Look into investment options that offer tax benefits:

ELSS Funds: Equity Linked Savings Schemes (ELSS) provide tax benefits under Section 80C. You can allocate a part of your savings to these funds for tax deductions.
Monitoring and Reviewing

Regularly review your portfolio to ensure it aligns with your goals. Adjust your investments as needed based on performance and market conditions.

Additional Tips

Education Loans: Consider education loans for your post-graduation. They often have favorable terms and can ease immediate financial pressure.

Government Schemes: Explore government schemes for women and education that may offer additional benefits and support.

Final Insights

Investing Rs 10,000 monthly is a smart way to secure your future and achieve your goals. Diversify your investments, prioritize health insurance, and regularly review your portfolio. Consult a Certified Financial Planner for personalized advice and stay committed to your financial plan.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |5036 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 19, 2024

Asked by Anonymous - Jun 28, 2024Hindi
Listen
Money
I am about to recieve my PF fund of Rs 23 lakhs . Where should I invest it to grow further. I already have other investments in MF long terms and debt funds as well.
Ans: Receiving Rs. 23 lakh from your PF fund provides a significant opportunity to enhance your investment portfolio. Given your existing investments in mutual funds and debt funds, here are strategic options to consider for further growth.

Equity Mutual Funds
Advantages:

Potential for high returns over the long term.

Diversification across various sectors and companies.

Recommendation:

Large-Cap Funds: Invest in large-cap funds for stability and steady growth.

Mid-Cap Funds: Consider mid-cap funds for higher growth potential.

Multi-Cap Funds: Opt for multi-cap funds to achieve diversification.

Fixed Income Securities
Advantages:

Provides steady and predictable returns.

Lower risk compared to equities.

Recommendation:

Corporate Bonds: Invest in high-rated corporate bonds for higher yields.

Fixed Deposits: Consider FDs for capital protection with assured returns.

Hybrid Funds
Advantages:

Combines equity and debt for balanced risk and return.

Suitable for moderate risk appetite.

Recommendation:

Aggressive Hybrid Funds: Invest in funds with a mix of equity and debt.

Balanced Advantage Funds: Choose funds that dynamically adjust their asset allocation.

Diversified Investment Options
Advantages:

Reduces risk by spreading investments across different asset classes.
Recommendation:

Gold: Allocate a portion to gold for inflation protection and diversification.

REITs (Real Estate Investment Trusts): Invest in REITs for exposure to real estate without direct property investment.

Systematic Withdrawal Plan (SWP)
Advantages:

Provides regular income while keeping the capital invested.
Recommendation:

SWP from Debt Funds: Set up an SWP from debt or hybrid funds to receive monthly income.
Emergency Fund
Advantages:

Ensures liquidity for unforeseen expenses.
Recommendation:

Liquid Funds: Maintain a portion in liquid funds for easy access.
Key Considerations
Risk Appetite
Equity: Suitable for higher risk tolerance with potential for higher returns.

Fixed Income: Best for lower risk tolerance seeking steady returns.

Investment Horizon
Long-Term: Focus on equity and hybrid funds for higher growth.

Short-Term: Opt for fixed income securities and liquid funds.

Professional Guidance
Consult a Certified Financial Planner to tailor investments based on your financial goals and risk profile.
Diversification
Diversify across different asset classes to spread risk and enhance potential returns.
Final Insights
Investing your PF funds wisely can significantly enhance your financial growth. Consider diversifying into equity mutual funds, fixed income securities, hybrid funds, and other diversified options. Maintain a portion in an emergency fund for liquidity. Seek guidance from a Certified Financial Planner to align investments with your financial goals and risk appetite.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |5036 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 19, 2024

Listen
Money
Hello sir, Good Day To You. Now i'm 30. Next month my marriage so I Would like to Start SIP In Mutual Funds For my future. I Have Plan To Start With 5000 Sip Can You please suggest which Fund is best For my SIP. Shall I Continue 5000 Or Step Up By every year. Please Suggest me sir. Yours NELSON
Ans: Nelson. Congratulations on your upcoming marriage! Starting a SIP is a great step towards securing your financial future. Let's discuss how you can effectively plan your investments.

Starting with SIP

You plan to start with Rs 5,000 SIP in mutual funds. This is a wise decision. SIPs offer disciplined investing and benefit from rupee cost averaging.

Choosing the Right Funds

To diversify your portfolio and maximize returns, consider the following categories:

Large Cap Funds: These funds invest in large, well-established companies. They provide stability and moderate returns. Allocate Rs 2,000 monthly.

Mid Cap Funds: Mid cap funds invest in mid-sized companies with high growth potential. They are riskier but can offer higher returns. Allocate Rs 1,000 monthly.

Flexi Cap Funds: These funds invest across market capitalizations. They offer flexibility and balance. Allocate Rs 1,000 monthly.

ELSS Funds: Equity Linked Savings Schemes provide tax benefits under Section 80C. They have a lock-in period of three years. Allocate Rs 1,000 monthly.

Stepping Up SIP

Consider increasing your SIP amount every year. This helps in combating inflation and growing your investments faster. A 10% annual increase is a good starting point.

Benefits of Actively Managed Funds

Actively managed funds are managed by professional fund managers. They aim to outperform the market by selecting high-potential stocks. This approach can offer better returns compared to index funds.

Importance of Regular Funds

Investing through a Certified Financial Planner (CFP) and Mutual Fund Distributor (MFD) offers several advantages:

Professional Guidance: Regular funds provide access to expert advice and management.

Market Insights: Fund managers continuously monitor and adjust the portfolio to market conditions.

Tax Planning

ELSS funds offer tax benefits under Section 80C. Invest up to Rs 1.5 lakh per year in these funds to save on taxes.

Diversification and Risk Management

Diversifying your investments across different fund types reduces risk. It ensures a balanced portfolio that can withstand market volatility.

Long-Term Perspective

Investing in mutual funds should be viewed as a long-term strategy. Stay invested for at least 5-7 years to benefit from compounding and market growth.

Monitoring and Reviewing

Regularly review your portfolio to ensure it aligns with your financial goals. Adjust your investments as needed based on performance and market conditions.

Emergency Fund

Maintain an emergency fund equivalent to 6-12 months of expenses. This fund should be in a savings account or liquid funds for easy access.

Health Insurance

Ensure adequate health insurance coverage for you and your family. This protects your savings in case of medical emergencies.

Final Insights

Nelson, starting a SIP in mutual funds is a great step towards a secure financial future. Diversify your investments, step up your SIPs annually, and consult with a Certified Financial Planner for personalized advice. Maintain an emergency fund and health insurance for added security.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |5036 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 19, 2024

Listen
Money
Hi Sir, I'm 32 year old and aim to build corpse 3 crore in next 25 year. I have NPS of about 1.80 lakh (monthly 4000), PPF 2lakh(2000monthly) 7 lakh of shares and 7 lakhs of mutual fund holding at present. 50k monthly goes to mutual fund and also contributed to 2 insurance for combine 40lakh which will mature in 20 year. Have 1.40 lakh monthly income and have 1 kid 1year old.
Ans: You are 32 years old and aim to build a corpus of Rs 3 crore in the next 25 years. You currently have:

NPS: Rs 1.80 lakh (Rs 4,000 monthly)
PPF: Rs 2 lakh (Rs 2,000 monthly)
Shares: Rs 7 lakh
Mutual Funds: Rs 7 lakh (Rs 50,000 monthly)
Insurance Policies: Combined Rs 40 lakh, maturing in 20 years
Monthly Income: Rs 1.40 lakh
One Child: 1-year-old
Evaluating Your Financial Goals
To achieve a corpus of Rs 3 crore in 25 years, it's essential to have a structured investment plan. Considering your current investments, income, and responsibilities, let's outline a strategy.

Building Your Investment Strategy
Emergency Fund
Ensure you have an emergency fund to cover at least 6-12 months of expenses. This should be your first priority before making new investments.

Emergency Fund: Rs 8-10 lakh
Review Existing Investments
National Pension System (NPS)
NPS is a good retirement tool. Continue your monthly contributions.

Continue NPS: Rs 4,000 monthly
Public Provident Fund (PPF)
PPF is a safe investment with tax benefits. Keep investing to build a secure fund.

Continue PPF: Rs 2,000 monthly
Shares and Mutual Funds
Your current equity and mutual fund holdings show a strong inclination towards market-linked investments.

Review Portfolio: Ensure diversification across sectors and market caps.
Insurance Policies
You have insurance policies worth Rs 40 lakh maturing in 20 years. Ensure these policies provide adequate coverage.

Review Insurance: Ensure they meet your insurance needs.
Strategic Investment in Mutual Funds
Actively Managed Funds
Actively managed funds can outperform the market. They are managed by professional fund managers.

Benefits: Expert management and flexibility.
Recommendation: Increase allocation to actively managed funds.
Disadvantages of Index Funds
Index funds track specific market indices. They may not outperform the market and lack flexibility.

Average Returns: May not beat the market.
Less Flexibility: Limited response to market conditions.
Monthly SIP Allocation
Allocate a portion of your monthly income to different mutual funds through SIPs.

Large-Cap SIP: Rs 20,000
Mid-Cap SIP: Rs 15,000
Small-Cap SIP: Rs 10,000
Balanced SIP: Rs 5,000
Diversification
Diversify your investments to reduce risk and enhance returns.

Sectoral Diversification: Invest across various sectors.
Geographical Diversification: Consider international funds for global exposure.
Regular Monitoring and Review
Review your investment portfolio regularly to ensure it aligns with your goals. Make adjustments based on market conditions and personal financial changes.

Quarterly Reviews: Assess performance and adjust as needed.
Consulting a Certified Financial Planner
A Certified Financial Planner (CFP) can provide personalized investment strategies and help you navigate the complexities of mutual funds and SIPs.

Personalized Advice: Tailored to your financial goals.
Regular Reviews: Ensure your investments stay aligned with your goals.
Additional Considerations
Education and Childcare
Consider setting up a fund for your child's education and future expenses.

Child Education Fund: Start a dedicated SIP for this purpose.
Retirement Planning
While aiming for a Rs 3 crore corpus, also focus on building a secure retirement fund.

Retirement Fund: Consider adding to NPS and PPF for retirement security.
Final Insights
To achieve a corpus of Rs 3 crore in the next 25 years, maintain a balanced and diversified investment strategy. Continue your current contributions to NPS and PPF, increase your SIP investments in mutual funds, and ensure adequate insurance coverage. Regularly review your portfolio and consult with a Certified Financial Planner to stay on track with your financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |5036 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 19, 2024

Asked by Anonymous - Jun 28, 2024Hindi
Listen
Money
Please suggest mf sip for 5 to 10 years and one large cap ,one small cap for 1l each for 2 years.
Ans: Investing in mutual fund SIPs for 5 to 10 years can help you build a substantial corpus. It’s important to select funds that align with your risk tolerance and investment horizon.

Equity Mutual Funds
Large-Cap Fund:

Advantages:

Invests in top companies with stable growth.

Lower risk compared to mid-cap and small-cap funds.

Recommendation:

Choose a fund with a strong track record.

Look for consistency in performance.

Mid-Cap Fund:

Advantages:

Invests in emerging companies with high growth potential.

Higher returns compared to large-cap funds.

Recommendation:

Opt for a fund with a proven fund manager.

Check the fund’s performance in different market conditions.

Multi-Cap Fund:

Advantages:

Diversified across large-cap, mid-cap, and small-cap stocks.

Balanced risk and return.

Recommendation:

Select a fund that dynamically adjusts its portfolio.

Ensure it has a good performance history.

Debt Mutual Funds
Corporate Bond Fund:

Advantages:

Invests in high-rated corporate bonds.

Provides stable returns with lower risk.

Recommendation:

Choose a fund with a high credit rating.

Look for consistency in returns.

Short Duration Fund:

Advantages:

Invests in debt securities with short maturity.

Less affected by interest rate changes.

Recommendation:

Opt for a fund with a diversified portfolio.

Check the fund’s yield and credit quality.

Hybrid Mutual Funds
Aggressive Hybrid Fund:

Advantages:

Invests in both equities and debt.

Balanced risk with potential for higher returns.

Recommendation:

Choose a fund with a dynamic asset allocation strategy.

Ensure it has a strong track record.

Recommended Lump Sum Investments for 2 Years
Investing Rs. 1 lakh each in large-cap and small-cap funds for a short term of 2 years requires careful selection. Focus on funds with lower volatility and stable performance.

Large-Cap Fund
Advantages:

Invests in well-established companies.

Lower risk and more stable returns.

Recommendation:

Choose a fund with strong financials.

Look for consistent performance over the past 3-5 years.

Small-Cap Fund
Advantages:

Invests in smaller companies with high growth potential.

Higher returns compared to large-cap funds.

Recommendation:

Opt for a fund with a solid track record.

Ensure the fund manager has experience in small-cap investments.

Key Considerations
Diversification
Spread your investments across different asset classes.

Reduces overall risk and enhances returns.

Regular Monitoring
Review your investments periodically.

Make adjustments based on market conditions and personal goals.

Professional Guidance
Consult a Certified Financial Planner for personalized advice.

They can help align your investments with your financial goals.

Emergency Fund
Maintain a separate emergency fund.

Provides financial security during unforeseen events.

Final Insights
Investing in mutual fund SIPs and lump sum in large-cap and small-cap funds can help achieve your financial goals. Focus on diversification, regular monitoring, and professional guidance. This strategy aligns with your medium to moderate risk appetite and ensures capital protection and growth.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |5036 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 19, 2024

Listen
Money
Hi, my name is Sumit and I am 32 years old IT professional. My and my wife's combined income is 2.08 lakh per month. Our home loan is running at 65k monthly emi. Currently i have 2 SIPs which are 5k in Elss and 5k in Flexi cap. Can you suggest best investment plan in which we can save as much as possible and maintain life style as well.
Ans: Sumit. Your combined monthly income is Rs 2.08 lakh. Your home loan EMI is Rs 65,000. You also have SIPs of Rs 10,000 in ELSS and Flexi Cap funds.

Let's break down your financial plan for maximum savings and maintaining your lifestyle.

Current Monthly Income and Expenses

Combined Income: Rs 2.08 lakh
Home Loan EMI: Rs 65,000
SIPs: Rs 10,000
This leaves you with Rs 1.33 lakh for other expenses and savings.

Investment Strategy for Maximum Savings

1. Emergency Fund

Maintain an emergency fund equivalent to 6-12 months of expenses. This fund should be in a savings account or liquid funds.

2. Increasing SIP Contributions

Consider increasing your SIP contributions in equity mutual funds for long-term growth.

Flexi Cap Fund: Continue with your Rs 5,000 SIP in Flexi Cap funds.

ELSS Fund: Continue with your Rs 5,000 SIP in ELSS for tax savings under Section 80C.

3. Diversifying Your Portfolio

Diversify your investments to balance risk and returns. Here are some recommendations:

Large Cap Funds: Allocate Rs 5,000 monthly to large cap funds for stable returns.
Mid Cap Funds: Allocate Rs 5,000 monthly to mid cap funds for potential growth.
Small Cap Funds: Allocate Rs 5,000 monthly to small cap funds for high growth potential.
4. Retirement Planning

Start planning for retirement early. Allocate Rs 5,000 monthly to a retirement fund or a Public Provident Fund (PPF). PPF offers tax benefits and secure returns.

5. Child Education and Future Goals

If you have children or plan to, start saving for their education. Allocate Rs 5,000 monthly to a child education plan or a balanced mutual fund.

6. Health Insurance

Ensure adequate health insurance for your family. This protects your savings in case of medical emergencies.

Monthly Investment Plan

Emergency Fund: Maintain liquidity for emergencies.
Flexi Cap Fund: Rs 5,000 SIP
ELSS Fund: Rs 5,000 SIP
Large Cap Fund: Rs 5,000 SIP
Mid Cap Fund: Rs 5,000 SIP
Small Cap Fund: Rs 5,000 SIP
Retirement Fund/PPF: Rs 5,000
Child Education/Goal Fund: Rs 5,000
Total Monthly Investment: Rs 35,000

Managing Expenses and Lifestyle

Track Expenses: Use apps or spreadsheets to track and manage expenses.
Budgeting: Create a monthly budget to ensure you live within your means.
Discretionary Spending: Allocate a portion of your income for leisure and lifestyle expenses. This ensures you enjoy your lifestyle while saving.
Tax Planning

ELSS Funds: Continue investing in ELSS for tax benefits.
Section 80C: Maximize deductions under Section 80C through PPF, ELSS, and other eligible investments.
Professional Guidance

Consult with a Certified Financial Planner (CFP) for personalized advice. A CFP can help tailor your investments to your goals and risk tolerance.

Final Insights

Sumit, focus on building an emergency fund, increasing SIPs in diversified equity funds, and planning for retirement and children's education. Track your expenses and budget wisely to maintain your lifestyle while saving effectively.

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.

Close  

You haven't logged in yet. To ask a question, Please Log in below
Login

A verification OTP will be sent to this
Mobile Number / Email

Enter OTP
A 6 digit code has been sent to

Resend OTP in120seconds

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus
Sign up

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

Enter OTP
A 6 digit code has been sent to Mobile

Resend OTP in120seconds

x