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Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Apr 24, 2024

Anu Krishna is a mind coach and relationship expert.
The co-founder of Unfear Changemakers LLP, she has received her neuro linguistic programming training from National Federation of NeuroLinguistic Programming, USA, and her energy work specialisation from the Institute for Inner Studies, Manila.
She is an executive member of the Indian Association of Adolescent Health.... more
Asked by Anonymous - Apr 04, 2024Hindi
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Relationship

My husbands 25 year old niece is too obsessed with him. She shares everything and discusses every bit of her work with him. They go to gym together, classes together. She is married and stays with us with her husband. Most of the time she is around and just does not give space. For eg. she keeps on asking questions to my husband or has some or the other topic to discuss. My husband is also very attentive to her every need. I don’t find this right. And it upsets me to next level. Is my feeling right? Please help.

Ans: Dear Anonymous,
Why are you having grown-ups who can earn and fend for themselves in your home?
You want space, then make space by politely asking them to move out. Even they need to learn to live with one another whereby the niece can rely on her husband rather than on your husband. Obviously it also suggests that your husband is either being ignorant of her fancy for him OR he's enjoying all the attention. Whatever the case, it will be healthy for both the couples here to maintain a healthy distance so discuss this with your husband and tell him how uncomfortable you feel with her around you all the time. He may call your doubt as foolish, but stay firm and request him that together you both convey to them to find a space and move out. You may even offer to search for accommodation for them so that they don't feel that they are being rudely thrown out.
But, be firm with this...

All the best!

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Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Jul 04, 2022

Relationship
Hi, I'm someone. Sorry for taking your time please read this and help me I really need someone to guide me in my life right now. Sorry for this long mail. I would be really glad if you take time and read this. I am 23 years old, a married girl. I got married to my husband on December 10 2021 last year. It was an arranged marriage. Our family met along with us in 2019 and fixed our marriage. At first I didn't wanted to marry because it was too early and I was just pursuing my bachelor's degree but my family didn't listen to me as I was the elder one so they wanted me to get married before they got old. I agreed and slowly started developing a fondness and liking towards my fiance and later fell in love with him. But after our marriage things started to feel a bit weird. He has too many female friends which I'm absolutely fine with. I'm not that conservative. They all were invited in our wedding and I met them. they seem nice people but one of his friends is bothering. Let’s call her Y. My husband keeps talking to her on calls and messages all the time and the conversations are absolutely boring like they don't have anything to talk but still they keep up the conversation. I used to think it's fine or maybe I'm being too possessive but when I got to know that he spent 12 lakh on her I was shocked. He also spends money on her on a daily basis. He books an Uber for her daily. Whenever she needs anything he will immediately say I will bring it for you. Y is also married her husband is fine with it because he also takes money from my husband. In fact her whole family takes money. They're financially not very strong so I understand this thing of helping someone. What I don't understand is why does my husband have to talk to her all the time? Even when I'm sitting right in front of him he would ignore me.Apart from Y, there is one more person he treats the same way, his ex. A few days after our marriage I checked his phone (I know it's wrong but my instinct let me do to so cause of his behaviour) and I found some messages from 2019 between my husband and his ex. The conversations clearly proved that they were in a relationship and broke up in 2019. When I asked him indirectly as I didn't want him to know that I checked his phone he said that the (ex) is his sister. He lied! And I found that they are still friends which I understand. I'm fine with that. But I cannot be fine with them talking on a daily basis and my husband fulfilling all her wishes just like the first girl Y. He even took a screenshot her picture (ex) and saved it when she uploaded it on her WhatsApp status a few days after our marriage. When I asked him why are you keeping her picture, he denied and said oh aise hi, I guess by mistake So I ignored that. But he calls and sends gifts to her. He even takes me along with him to buy presents for her so that I don't think that it's wrong. I always ask him why are you talking to your ex and Y all the time; you don't even spend time with me. Because of this there are lots of fights happening between us. He said he has work load and is frustrated with his life, dealing with depression, so to avoid those feelings he talks with his friends. I understood and allowed him to talk but he spends Rs 8,000-9,000 every month on them. He once said that he has to give them money so that they won't stop talking with him; that's how friendship works including Rs 5,000 flight ticket and taking loan worth Rs 12-13 lakh for them. I am a fool in love so I got easily manipulated and allowed him but not completely. I set a limit for him to not over spend more than Rs 5000 per month on them. My family and friends are constantly suggesting that I leave him as he doesn't care about my feelings that I have given him way too many chances. Whenever I try to confront him for meeting up with them or spending too much money on them he immediately starts caring for me the next day. Because of this I always get confused that maybe he loves me too and I'm just being a possessive wife. I told him I will divorce you if you keep treating me like this and keep talking to your girls day and night. He said I shouldn’t talk like that and doesn't want me to divorce him as he loves me and he wouldn't have chosen me in the first place if he liked them.Whenever I try to confront him about the girls, he says I think you have a boyfriend and you are cheating on me. Give me your phone I will check your phone. I heard call recordings of him and Y. He records the conversations he has with the girls. When I asked he said he does it so that those girls or anyone won't blame him in future that he said something wrong. Anyway, I heard my husband saying bad things about me to Y in one of those recordings after being frustrated with me as I fought with him because of them. I was really broken. He said I don't give him space which is not true and he wants to go alone to places like markets or KFC or wherever he wants but I'm not letting him do that. At the same time he asked Y if she wants to join him and meet up at a certain place. I don't understand him. If there isn't anything wrong then why is he talking with her day and night and not being bored and with me he rarely spends time and wants space. His parents are fed up with him they told me he has been like this always. They support me and want him to get away from those girls. They married me to him so that he would leave those girls and stop spending such big amounts of money on them. But he doesn't want to get away from them. He said that if by chance one day those girls stopped talking to him for some reason then he will definitely leave them. But they never stop. I don't understand why is he waiting for them to stop and why doesn't HE wants to stop. Depression? Maybe I don't know. I even told him let's meet up with a therapist but he refused and said he's fine and I'm being dramatic. He talks to them at work and at home.If he doesn't talk to them for a day he will get mad. I remember one time he was panicked and kept saying I want to talk to Y. It's not like they are blackmailing and stuff; they don't even want to talk with him. He is the one who keeps calling them; it's very weird. He is fighting with his family, fighting with me, just for them. He manipulates me a lot. He has lied to me several times about not meeting with Y. Please advice what I should do. My friends say I should divorce him as my mental health is deteriorating because of him. I love him a lot but he doesn't care. He says he loves me but I don't find honesty in those words as he keeps repeating the things that bother me and our relation.
Ans:

Dear Anonymous,

What exactly are you waiting for me to say? Haven’t you seen enough red flags in your marriage?

  • Your in-laws telling you that he has always been like this
  • Your husband playing the victim of Depression to gain your sympathy vote and then refusing to see a therapist
  • Spending money to earn the validation and attention of two women who are possibly using him
  • Spending valuable time away from you to indulge his feelings elsewhere
  • Complaining about you to a person outside of marriage
  • Invalidating your feelings arising from this situation and making you like the bad one for complaining

Do you want me to go on?

How much more do you want to give in?

If you truly want this marriage to work, he needs to turn himself into a new leaf, which means he needs to address his insecurities, his behavior and more.

Is he willing to go through all that?

Maybe have an honest sit-down talk with him and then decide keeping yourself at the centre of all this.

You matter and matter to yourself every moment, so DO SOMETHING about it.

You owe a lot of happiness to yourself, so get ahead NOW.

All the best!

..Read more

Anu

Anu Krishna  |839 Answers  |Ask -

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

Asked by Anonymous - Nov 27, 2023Hindi
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I am 37yrs old, married for 6yrs now, my wife - 35yrs, having a kid of 14 months.We both are working. My wife is very dedicated person, and takes care of household . I respect her this attitude and try to contribute in whatever possible ways. My problem is - my brother in law(elder than my wife, and unmarried currently) is staying since 1.5yrs with us. Due to personality differences, it is not easy at all to get along in day to day activities with him. And, my wife gets upset if I hint her - to ask him stay separately. Please help me, how to make her realize this - as it is causing stress and it's not easy at all to continue like this for long.
Ans: Dear Anonymous,
I am assuming that your brother-in-law is your wife's brother which explains why she may not want to ask him to move out.
But, if there is a general discomfort and personality clashes, I guess you must express your concerns to your wife. Too much of being on each others' faces only causes stress around the house.
See if there can be a WIN-WIN in this situation where the brother-in-law can visit over the weekends or your wife can visit him when she wishes to. That way, she will not feel the pain of asking him to move out.
If this also doesn't work out, do make her aware that this is putting a strain on the marriage. If she cannot talk about this without it upsetting her or understanding the impact of her decision to have her brother at home, then she needs to know that she has begun to take her marriage for granted.
So, talk to her on moving towards the WIN-WIN...that seems like the only way out through this situation.

All the best!

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Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Apr 27, 2024

Asked by Anonymous - Apr 26, 2024Hindi
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? rediff.com Rediff Gurus Logo Hi Anwesha | Sign Out HealthHealth MoneyMoney RelationshipRelationship CareesCareer Ask your questions about health, money, relationship or careers here Ask Anonymously You posted: My boyfriend's ex happens to be his sister-in law's sister (first cousin). That was his first serious relationship and she had dumped him. It has been quite a few years since, but it bothers me that he is indirectly still related to her. My boyfriend's sister-in-law has a daughter (his niece) whom he loves very much. But whenever he talks to his sister in law or plays with the kid, it makes me uncomfortable. I am broadly uncomfortable with the fact that he is the uncle to the same kid his ex is aunt to. Which means they are somewhat familialy related. I have seen his ex post videos of the kid playing around in his house, which means she still gets regular updates about his household through her sister (his sister-in-law). I really don't want to get into something this complicated, but I love my boyfriend very much. He also loves the kid a lot which makes me hate myself for projecting my hate on the kid/sister-in law because they're not at fault. But it really bothers me whenever I hear the kid's voice or his sister in law's because that reminds me of his ex. I feel extremely insecure and uncomfortable and I don't know how to deal with this, but I really want things to work out between my boyfriend and me. What is the solution?
Ans: Dear Anonymous,
Well, this feeling ain't going away that soon as you are bordering on obsession possibly without reason.
Jealousy leading to insecurities and constantly monitoring him is only going to make it worse on you...so either you trust him or you don't...which is it going to be?
Has he given you any reason to doubt him OR is it only your fear and hate fueling it? If it's the ex coming along and bringing with it all the fears inside of you, then work at it before you make this really ugly and now it's in your hands.
Jealousy is a normal human emotion BUT how you deal with it is a choice you are going to have to make. So, start to reassure yourself by saying that it's all okay and good. Challenge your thoughts every time they crop up so that it doesn't grow large enough for you to start projecting. Talk to your boyfriend requesting him to be more patient with you if at all you snap at him for anything. But not for long as he will run out of patience.
If there is nothing going on between him and his ex, why is it taking you so much to trust him? More than a love, a relationship needs trust and understanding. Pour these into it and not only will you feel better, your boyfriend will also be more supportive of what you are going through. Trust or not; it's your choice!

All the best!

..Read more

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Ramalingam

Ramalingam Kalirajan  |1487 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Asked by Anonymous - Apr 11, 2024Hindi
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I am 56 and working in a MNC at Bangalore. I have a retirement corpus of 2 crore which includes PF, Gratuity, Super annuation, FDs and MF investment. I want to quit corporate life immediately and want to work wherein work life balance is better for another 6-8 years. I do have own house, a plot, term & medical insurance and completed my responsibilities ( son’s education, marriage). My question is whether this 2 crore corpus is enough to survive for next 30 years ( average yearly expenses is about 7.2L)
Ans: It's fantastic that you've accumulated a substantial retirement corpus and are considering transitioning to a work-life balance that suits you better. Let's assess whether your 2 crore corpus is sufficient to sustain you for the next 30 years:

• Assess Expenses: With an average yearly expense of 7.2 lakhs, it's crucial to ensure your retirement corpus can cover your lifestyle needs comfortably. Take into account inflation and any potential increase in expenses over time.

• Calculate Withdrawal Rate: Determine a sustainable withdrawal rate from your corpus that allows you to maintain your desired lifestyle without depleting your savings too quickly. A commonly recommended withdrawal rate is around 3-4% of your total corpus annually.

• Consider Investment Returns: Assess the potential returns on your investments and how they'll contribute to your income stream during retirement. Given your mix of FDs and MF investments, factor in both the interest earned and the growth potential of your mutual funds.

• Account for Inflation: Inflation can erode the purchasing power of your savings over time. Ensure your retirement income is indexed to inflation to maintain your standard of living throughout your retirement years.

• Emergency Fund: Set aside a portion of your corpus as an emergency fund to cover unexpected expenses or emergencies that may arise during retirement.

• Healthcare Costs: As you age, healthcare expenses may increase. Make sure you have adequate health insurance coverage and provisions for any potential medical costs in your retirement planning.

• Consult a Financial Advisor: Consider seeking advice from a Certified Financial Planner who can conduct a comprehensive analysis of your financial situation and retirement goals. They can provide personalized recommendations and help you develop a retirement income strategy that aligns with your objectives.

• Review and Adjust: Regularly review your retirement plan and make adjustments as needed based on changes in your lifestyle, expenses, and investment performance. Stay flexible and adaptable to ensure your financial security throughout retirement.

In conclusion, while a retirement corpus of 2 crore is a significant achievement, it's essential to carefully assess whether it can sustain your desired lifestyle and expenses over the next 30 years. By considering factors like inflation, investment returns, and healthcare costs, and seeking professional advice, you can make informed decisions and enjoy a fulfilling retirement with peace of mind.

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Ramalingam

Ramalingam Kalirajan  |1487 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Asked by Anonymous - Apr 11, 2024Hindi
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Hello Sir, I lost my job in layoff . I am 46 year old . I had a home loan of 1.18 cr with EMI of 1.07L per month . I have 2 kids, Daughter is in 12th and Son is in 9th . I am selling my other 2 flats so that i can repay the loan and left money i will put in FD. I have to plan my children education 60 L and Retirement planning ( Next Month onwards i require 1 L ). After paying home loan I left with 70 L which i will put in FD . I have 70 L in EPF, 30 L in PPF maturity in 2026, 19 L FD, 3.3 L NSC ( Maturity at 2032/ 6.6L), 14 L Mutual Fund. My wife earns 50 K per month . Monthy expenses are 75K . My goals of havinng 1 L from next month and kids education can be achieved with these investment .
Ans: I'm sorry to hear about your job loss, but it's commendable that you're taking proactive steps to manage your finances during this challenging time. Let's create a plan to address your immediate needs and long-term goals:

• Home Loan Repayment: Selling your other two flats to repay the home loan is a prudent decision, as it will relieve you of the burden of the EMI and reduce financial stress.

• Emergency Fund: It's essential to maintain an emergency fund to cover unexpected expenses and loss of income. Since you'll have 70 lakhs from the sale of your flats, consider keeping a portion of this amount aside as your emergency fund, ideally in a liquid and accessible form like a savings account or short-term FD.

• Children's Education: With 60 lakhs earmarked for your children's education, you can explore investment options that offer growth potential over the medium to long term. Consider a combination of equity mutual funds, balanced funds, and fixed-income instruments to achieve your education goals. Since your daughter is in 12th grade, you may need to prioritize her education expenses in the near term.

• Retirement Planning: Your goal of having 1 lakh per month from next month onwards for retirement can be achieved by structuring your existing investments wisely. With 70 lakhs in EPF, 30 lakhs in PPF (maturing in 2026), and other fixed deposits and mutual funds, you have a solid foundation. You can explore options like Senior Citizen Savings Scheme (SCSS), Post Office Monthly Income Scheme (POMIS), and systematic withdrawal plans (SWPs) from mutual funds to generate a regular income stream in retirement.

• Income Replacement: Since you'll no longer have a regular income from employment, it's crucial to plan for income replacement. Your wife's income of 50,000 per month will provide some support, but you may need to supplement it with income generated from your investments.

• Expense Management: Given your monthly expenses of 75,000, it's essential to budget carefully and prioritize your spending. Look for areas where you can cut costs without compromising on essentials.

• Professional Advice: Consider consulting with a Certified Financial Planner who can help you develop a comprehensive financial plan tailored to your specific circumstances and goals. They can provide valuable guidance on investment strategies, tax planning, and retirement planning.

In conclusion, while losing your job is undoubtedly challenging, with careful planning and prudent financial management, you can navigate this period of transition successfully. By leveraging your existing assets and making strategic investment decisions, you can work towards achieving your children's education goals and securing a comfortable retirement for yourself. Stay focused, stay positive, and remember that you're not alone in this journey.

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Ramalingam

Ramalingam Kalirajan  |1487 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

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Hi sir , I would like to invest 6000 per month and iam 38 years old and by retirement u would like to get corpus fund of 2 crore, sir can you suggest me where to invest and reach my goal
Ans: It's great that you're planning for your retirement at 38. Let's explore your investment options to reach your goal of a 2 crore corpus:

• Start with SIPs: Since you're looking to invest 6000 per month, Systematic Investment Plans (SIPs) in mutual funds are a smart choice. SIPs offer the benefit of rupee cost averaging and can help you build wealth over time.

• Asset Allocation: Given your age and long-term investment horizon, consider a diversified portfolio comprising equity and debt funds. Equity funds offer growth potential, while debt funds provide stability.

• Equity Mutual Funds: Allocate a significant portion of your SIPs to equity mutual funds. These funds invest in stocks and have the potential to generate higher returns over the long term. Look for funds that have a track record of consistent performance and align with your risk tolerance.

• Debt Mutual Funds: To balance risk, consider allocating a portion of your SIPs to debt mutual funds. These funds invest in fixed-income securities like bonds and offer relatively stable returns. They can provide a cushion during market downturns.

• Review and Adjust: Regularly review your investment portfolio and make adjustments as needed. As you approach retirement, consider gradually shifting your allocation from equity to debt to reduce volatility and preserve capital.

• Consider Tax-saving Funds: If you haven't already, explore Equity Linked Savings Schemes (ELSS), also known as tax-saving funds. These funds offer tax benefits under Section 80C of the Income Tax Act while providing exposure to equity markets.

• Consult a Certified Financial Planner: Seeking advice from a Certified Financial Planner can provide valuable insights into structuring your investment portfolio and achieving your retirement goals. They can assess your risk profile, investment horizon, and financial objectives to tailor a plan that suits your needs.

• Stay Disciplined: Consistency is key to long-term investing success. Stick to your SIPs even during market fluctuations and avoid making impulsive decisions based on short-term market movements.

• Monitor Progress: Keep track of your investment performance and periodically reassess your progress towards your retirement goal. Adjust your strategy as necessary to stay on track and maximize returns.

By following these steps and staying committed to your investment plan, you can work towards achieving your retirement goal of a 2 crore corpus. Remember, investing is a journey, and patience and discipline are essential for success.

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Ramalingam

Ramalingam Kalirajan  |1487 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

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Invest in different mutual funds every year lumpsum and sell MF bought latest year in case of fund requirements (to reduce taxation,) is it good strategy??
Ans: Investing in different mutual funds every year and selling the funds bought in the latest year to meet fund requirements can be a strategy worth considering, but it's essential to understand its implications:

• Taxation Benefits: This strategy can help reduce taxation by leveraging the benefit of long-term capital gains tax. Mutual funds held for more than one year qualify for long-term capital gains tax, which is currently taxed at a lower rate compared to short-term capital gains tax.

• Diversification: Investing in different mutual funds every year allows you to diversify your portfolio across various asset classes, sectors, and investment styles. Diversification can help mitigate risk and optimize returns over the long term.

• Flexibility: Selling the mutual funds bought in the latest year to meet fund requirements provides flexibility in managing your cash flow needs. It allows you to liquidate investments strategically while minimizing tax implications.

However, it's essential to consider the following factors:

• Transaction Costs: Buying and selling mutual funds frequently can incur transaction costs, including brokerage fees, entry and exit loads, and other administrative charges. These costs can eat into your returns and affect the overall performance of your portfolio.

• Market Timing: Timing the market to buy and sell mutual funds can be challenging and may result in missed opportunities or losses. It's crucial to base your investment decisions on sound research, analysis, and a long-term perspective rather than short-term market fluctuations.

• Investment Goals: Your investment goals, time horizon, and risk tolerance should drive your investment strategy. While tax efficiency is important, it should not compromise the alignment of your investments with your financial objectives.

• Tax Implications: While long-term capital gains tax rates are lower, they still apply. Additionally, selling mutual funds bought in the latest year may trigger short-term capital gains tax, which is taxed at a higher rate. It's essential to weigh the tax implications carefully and consult with a tax advisor or Certified Financial Planner.

In conclusion, while the strategy of investing in different mutual funds every year and selling the latest year's funds to meet fund requirements can offer tax benefits and flexibility, it's essential to evaluate its suitability based on your individual circumstances and financial goals. Consider consulting with a Certified Financial Planner to assess the strategy's implications and determine if it aligns with your overall investment strategy.

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Ramalingam

Ramalingam Kalirajan  |1487 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

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Hi sir, I am fifty years old. I was already invested one month ago 12,50,000/- in SBI equity regular growth mutual fund. Now, I am planning to start SIP and monthly 5,000/-. Kindly, advice me for the SIP. Thanks.
Ans: It's excellent to see your commitment to investing, especially as you plan for your financial future. Let's explore your options for starting a SIP:

• Given your existing investment of 12,50,000/- in SBI Equity Regular Growth Mutual Fund, it's clear you're already on the path to building wealth.
• Adding a monthly SIP of 5,000/- will further enhance your investment strategy and help you achieve your financial goals.

• When selecting a SIP, consider factors like your investment horizon, risk tolerance, and financial objectives.
• As you're fifty years old, it's essential to strike a balance between growth potential and stability in your investment choices.

• Equity mutual funds offer growth potential but also come with higher volatility. Since you're already invested in SBI Equity Regular Growth Mutual Fund, you may want to diversify your portfolio with a different category of mutual fund.
• Debt mutual funds or balanced funds could be suitable options to consider, offering a more conservative approach while still providing potential for growth.

• Additionally, ensure you choose a SIP with a reputable fund house and a track record of consistent performance.
• Look for funds that align with your investment goals and have a proven track record of delivering returns over the long term.

• As a Certified Financial Planner, I'm here to guide you in selecting the right SIP to complement your existing investment and financial objectives.
• We'll evaluate various mutual fund options, assess their suitability for your portfolio, and ensure they align with your risk profile and investment horizon.

• Remember, investing is a journey, and it's essential to stay disciplined and patient.
• By making informed decisions and staying focused on your long-term goals, you can achieve financial success.

• If you have any further questions or need assistance in selecting a SIP, feel free to reach out.
• Your commitment to investing is commendable, and I'm here to support you every step of the way.

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Ramalingam

Ramalingam Kalirajan  |1487 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Ramalingam

Ramalingam Kalirajan  |1487 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

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Hi sir, I am 30 and currently doing a sip of 5k in ppfas and 5k in quant infrastructure fund. I have home loan of 65 Lakhs as well at 8.75%. I am planning to invest another 10k per month. Could you kindly suggest where I can invest for my son (3 years) higher education and for retirement. Can investing in nps beat mutual funds?
Ans: It's commendable that you're prioritizing financial planning at such a young age. Let's delve into your investment options:

• Firstly, I appreciate your disciplined approach to investing through SIPs, which is a smart way to build wealth over time.
• It's great that you're thinking ahead about your son's future education and your retirement needs.

• Considering your current investments, we can explore additional mutual fund options to diversify your portfolio.
• Diversification helps spread risk and optimize returns, essential for achieving long-term financial goals.

• When it comes to investing for your son's education and your retirement, it's crucial to align your investments with your time horizon and risk tolerance.
• For long-term goals like these, equity mutual funds offer the potential for higher returns, albeit with higher volatility.

• Regarding your query about the National Pension System (NPS) versus mutual funds, both have their pros and cons.
• NPS offers tax benefits and a structured retirement savings platform, but it comes with restrictions on withdrawals and limited investment choices.

• On the other hand, mutual funds provide greater flexibility in investment choices and withdrawal options.
• However, they lack the tax benefits of NPS.

• Ultimately, the decision between NPS and mutual funds depends on your individual preferences, risk appetite, and financial goals.
• It's essential to weigh the pros and cons of each option and choose the one that best aligns with your needs.

• As a Certified Financial Planner, I can help you analyze your financial situation and goals to create a customized investment plan.
• Together, we'll select suitable mutual funds that balance growth potential and risk for your son's education and retirement.

• Remember, investing is a journey, and it's essential to stay disciplined and focused on your long-term objectives.
• With careful planning and prudent decision-making, you can build a secure financial future for yourself and your family.

• Keep up the excellent work with your investments, and don't hesitate to reach out if you have any further questions or need assistance.
• You're on the right track towards achieving your financial aspirations, and I'm here to support you every step of the way.

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Ramalingam

Ramalingam Kalirajan  |1487 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Asked by Anonymous - Apr 12, 2024Hindi
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Hello, I have a mutual fund corpus of ~32Lakhs. Per month SIP is 46k. When will I reach my first 1cr and by 2030 I want 5 CR corpus. I can increase the monthly SIP to 50K
Ans: It's fantastic to see you diligently investing in mutual funds to build your wealth. Let's crunch the numbers to chart your path to financial milestones:

• With a current mutual fund corpus of ~32 lakhs and a monthly SIP of 46k, your wealth is steadily growing.
• By increasing your monthly SIP to 50k, you're demonstrating a proactive approach to accelerating your wealth accumulation.

• To estimate when you'll reach your first 1 crore milestone, we'll consider factors like your current corpus, SIP amount, and expected rate of return.
• With consistent monthly investments and potential market growth, you're on track to achieve this milestone in the foreseeable future.

• However, reaching a 5 crore corpus by 2030 is a more ambitious goal and may require additional contributions and strategic planning.
• Increasing your monthly SIP to 50k is a step in the right direction, but you may also need to explore other avenues for wealth creation.

• It's essential to consider factors like market volatility, inflation, and your risk tolerance when projecting future returns.
• As a Certified Financial Planner, I can help you create a personalized financial plan to align your investments with your goals.

• By optimizing your asset allocation, diversifying your portfolio, and staying disciplined with your investments, you can enhance your chances of reaching your financial objectives.
• Regularly reviewing your investment strategy and making adjustments as needed will keep you on track towards achieving your goals.

• Remember, patience and consistency are key to long-term wealth creation.
• Keep up the excellent work with your investments, and together, we'll work towards realizing your financial dreams.

• If you have any questions or need further guidance along the way, don't hesitate to reach out.
• You're on a path to financial success, and I'm here to support you every step of the way.

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Ramalingam

Ramalingam Kalirajan  |1487 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Asked by Anonymous - Apr 12, 2024Hindi
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Hello sir, I am investing in the following funds. 1) SBI mid and large cap 10000rs 2) SBI Contra Fund 5000 rs 3) Paragh Parik Flexicap 5000 rs I am planning to invest 15000 rs in HDFC Midcap opportunities and 20000 rs in SBI bluechip fund. Please guide me if these funds are good or shall I look for some other funds.
Ans: It's wonderful to see your commitment to financial planning. Let's dive into shaping your investment strategy:

• Firstly, I commend you for taking the initiative to invest and secure your financial future.
• It's a wise decision to seek guidance from a Certified Financial Planner like myself to navigate the complexities of investing.

• As we embark on this journey together, let's prioritize understanding your financial goals, risk tolerance, and investment horizon.
• Your unique circumstances and aspirations will guide us in crafting a tailored investment plan that aligns with your needs.

• Remember, investing is not just about chasing returns; it's about achieving your financial objectives while managing risk effectively.
• We'll focus on building a diversified portfolio that balances growth potential with stability to withstand market fluctuations.

• Mutual funds can be a powerful tool in your investment arsenal, offering access to a wide range of asset classes and investment strategies.
• By spreading your investments across different mutual funds, we can mitigate risk and optimize returns over the long term.

• It's essential to review your investment portfolio regularly and make adjustments as needed based on changing market conditions and your evolving financial goals.
• Consult a Certified Financial Planner, to provide ongoing support and guidance to keep you on track towards financial success.

• Lastly, remember that investing is a journey, not a destination.
• Stay disciplined, stay informed, and stay focused on your long-term objectives.

• With dedication and prudent decision-making, you can build a robust investment portfolio that paves the way for a secure and prosperous future.
• Together, let's turn your financial aspirations into reality. You're on the path to financial freedom, and I'm here to help you every step of the way.

...Read more

Ramalingam

Ramalingam Kalirajan  |1487 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Asked by Anonymous - Apr 12, 2024Hindi
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1 Mahindra Manu life midcap fund-Dirct plan- 5 lac onetime investment 2.quant value added fund- 3 lac 3.quant infrastructure fund- 2 lac Alk are onetime investment , recommendations expedited
Ans: It's great to see your proactive approach to investing! Let's delve into your investment choices:

Let's adjust your investment strategy to mitigate risks and enhance potential returns:

Mahindra Manulife Midcap Fund - Direct Plan: With a one-time investment of 5 lakhs, this fund offers exposure to mid-cap stocks, which carry higher volatility but also potential for growth over the long term. However, consider diversifying into a diversified equity fund to spread risk across various sectors and market caps.
Quant Value Added Fund: Allocating 3 lakhs to this fund reflects a focus on value investing principles, which can be rewarding but also involves risks. Diversifying into a diversified equity fund can provide a broader exposure to quality stocks and reduce concentration risk.
Quant Infrastructure Fund: While investing 2 lakhs in an infrastructure fund may seem appealing due to growth prospects, it's essential to acknowledge the inherent risks associated with thematic funds. These funds are more susceptible to sector-specific risks and economic cycles. Consider reallocating this amount to a diversified equity fund for better risk management.
Moreover, instead of investing directly, consider investing in regular plans through a Mutual Fund Distributor (MFD). Here's why:

By investing through a Regular Plan, you can access professional advice and guidance from an experienced Mutual Fund Distributor.
MFDs can help you navigate through the complexities of the market, select suitable funds based on your risk profile, and monitor your investments regularly.
Regular plans often offer additional services, such as portfolio reviews, financial planning, and timely updates on market trends and fund performance.
Investing through an MFD ensures that you receive ongoing support and assistance, helping you make informed decisions and stay on track towards your financial goals.

Overall, by diversifying your investments and leveraging the expertise of a Mutual Fund Distributor, you can enhance the effectiveness of your investment strategy and optimize your chances of long-term success.

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

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