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

Anu Krishna  | Answer  |Ask -

Relationships Expert, Mind Coach - Answered on Apr 21, 2023

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
Ashish Question by Ashish on Apr 03, 2023Hindi
Listen
Relationship

Dear Khevna Shah I am in the business of my father's after his death with my uncle for the last 15 years and so and when my father died my age was 22 and I was a simple, shy and fear boy and was happy and i am doing the accounts job and i was not taking my salary on monthly basis or yearly basis means i want to say that i take 200 or 500 or sometimes 10000 to 20000 as per my requirement and sometimes i have to give it to my mom for her personal expenses. After two and half years, i was having problems with my uncle due to professional reasons and i was talking to him at that time and discussing all the problems and business related issues facing by me and he was listening but not responding to my problems during these years and after passing of two and half years i tried my best for talks, discussion but i was not getting any response from his end and after that period i stopped myself for any talks, discussion and sharing with him and I was prepared to left him and go elsewhere and do something new or do a job or start a new business on my own as we were are living in joint family and still we are in joint. Mam i did not left him and he provided me a new business and I became the proprietor of that new business and i didnot have any idea of that new business and when i engaged in that business i came to know that this business is all runs on liabilities for around three months to six months and depends on how you capture the market with low competitive rates and that time was new and i was not having any distributorship also and the business went on losses and i have beared losses for almost lakhs and lakhs of rupees. So, I closed the shop and again started doing account job in my father's business with my uncle as all the decisions related to business was taken by my uncle and same problem which i was facing in my early stage was repeated and the days were passing as it was passing previously. Now when corona came in the world, we were all lockdown in our homes and in that time we were all of our family members lockdown in our home. In that period we were all fighting with the corona that when will corona go and when we will go outside again and when will our normal life will start we were talking about our works of home should be divided. In that period all the works were divided and when lockdown was over and we were slowly slowly coming back to normal. Our joint family divided and now we are separate but our business is not separate and i am getting the salary fixed after our separation. Now the problem is that the salary fixed is not upto the mark and i am facing financial crisis at my end and our relation are so so and i am facing heated conversation with my wife related to money problems as i have to give her the money for household activities, personal expenses, my child school fees, admission fees and other activities related to school and i am very much exhausted with all the daily dose. So, therefore what will be my steps to go forward regarding the issues with my uncle and the problems which i am facing right now and have a peaceful time.

Ans: Dear Ashish,
Time and again you have been waiting for things to change in your favour. Your first sign was when your uncle's resistance at doing or thinking anything good for you.
Good nature of yours to trust him and still keep at it, but I guess now being in your 30s, should tell you that you need to make your life yourself and on your own terms.
Don't hang around thinking that the tides will change for you; instead change things the way you want by breaking free. Now. how you want to do it; is something that you need to discuss with your wife and decide. You have been far too dependent on this dream world that your uncle is going to make things happen and will be kind to you.
Be kind to yourself and now ask yourself:
- how can I revive my financial position on my own?
- what support do I need and from whom to achieve this?
- how can I keep myself motivated every day as I change things for the better?

The time has also come to have a clear chat with the person controlling the business. It gets messy when the family is divided and the business is still joint. Money troubles are never going to have clarity ever in this type of an arrangement. So, take matter into your own hands without fearing the outcome and think of only how you can have a better and peaceful life. The answer will be crystal clear to you.

All the best!

You may like to see similar questions and answers below

Harsh

Harsh Bharwani  | Answer  |Ask -

Entrepreneurship Expert - Answered on Jul 04, 2023

Asked by Anonymous - Jun 23, 2023Hindi
Career
Dear sir i am 51 yr old ,i had a very tough life,i was bright and honest student..i got adhoc lecturer ship which i have to left as it was adhoc only i like my profession but i had to left ..than i join with help of my friend sales which i don't like but to earn i did and rose to higher management level...my married elder brother was having depression,i left the parental home to help him ,my parents were both retired govt employees getting good pension...i struggled to make both ends meet..later on my parents get medical trouble still my wife took care of them at my house.. I left the job in 2010 me and my friends who bring me job started the business but he ditched me the first day on business i take courage and continued the business... Meanwhile my parents refused yo help....after 3 yr of my business my parents come to help them as my mother has to do 3 month complete bed rest ,me and my wife helped them after that they come for 2 -3 months in a year for 5 years but after that my mother starts querlling with my wife ,i stoped their coming but told i will help them they need..i helped them during covid ,and other medical problems ,in 2021 my father passed away in i met an car accident my mother refused to give registery of copy in cour yo get bail..i stopped my all relation on this ...my daughter went to canada in sep 2021..i took 7 lacs loan and rest i paid from my savings ..this month her course was supposed to finish but what i realize that she failed in 13 exams..she told me first time than i told her to not worry i concentrate for future one but she lied and failed in other one also what she disclosed now,i have to pay further 10 lacs..my business is alo down and my son is not selected my medical field business,i have to collect aprx 40 lacs from market ,i tried hard for tie up overtake or job at this age but kot getting...it is become hard to run business with no family member in same business in future and tonpay to daughter ..i am gojng to shut it down in next month and do something else...with low cost business as i have to pay monthly salaries and rent of aprox 2.5 lac...i am in big trouble...No one to help me out..i never tried my 0mother brother sister whom i helped in their every cause...i knew they will not help as they not helped me in all my troubles...
Ans: I'm really sorry to hear about the difficult circumstances you've faced in your life. It sounds like you've gone through a lot of challenges and have been dealing with various setbacks. It's understandable that you may feel overwhelmed and frustrated at this point.
In times of hardship, it's important to remember that there is always hope and the possibility of finding solutions. Here are a few suggestions to consider:

1. Seek Professional Help: Given the complexity of your situation and the emotional toll it has taken on you, it may be beneficial to seek professional support. Consider reaching out to a counselor, therapist, or support group to help you navigate through your challenges and emotions. They can provide guidance and assist you in developing coping strategies.
2. Financial Assistance: If you're struggling with loans and financial obligations, it might be worth exploring options for financial assistance. Consult with a financial advisor or research available schemes, grants, or loans that could potentially help you manage your debts and ease the financial burden.
3. Career Transition: As you mentioned, shutting down your current business and exploring other low-cost business options might be a viable solution. Assess your skills, interests, and market demand to identify alternative business opportunities that align with your capabilities and resources. Consider seeking advice from business mentors or professionals in your desired industry to help you make informed decisions.
4. Network and Support: While it may feel like you're alone, reach out to your social network for support. Friends, acquaintances, or industry professionals might have insights, connections, or opportunities that could be beneficial. Building a support system can provide emotional support and potentially open doors for new opportunities.
5. Prioritize Self-Care: In challenging times, taking care of yourself is crucial. Make sure to prioritize self-care activities such as exercise, relaxation, hobbies, and spending time with loved ones. Maintaining your physical and mental well-being will help you navigate through difficulties with a clearer mindset.
6. Maintain Resilience: Remember that setbacks are a part of life, and resilience is key. While it may feel overwhelming now, focus on developing a positive mindset and persevering through challenges. Draw on your past experiences of overcoming adversity to fuel your resilience and determination.

Finally, know that it's never too late to make a fresh start or seek new opportunities. It may take time, effort, and a shift in mindset, but with perseverance and resilience, you can work towards a better future. Reach out for help, explore available resources, and stay determined. Wishing you strength and the best of luck as you navigate through this difficult period.

..Read more

Anu

Anu Krishna  | Answer  |Ask -

Relationships Expert, Mind Coach - Answered on Mar 21, 2024

Listen
Relationship
My father & uncle started business 50 yrs back. I have joined 30yrs back. I kept working from 9 am to 5 pm under Uncle. Now around 2011 ,Uncle son joined .Till then everything was alowed & fine except core part was not allowed to handle by Uncle.After 2011, slowly my cousin started taking operations of factory under him . When I protested ,Uncle used to say he will see ,but did nothing about that. AlthoughUncle is genius as well as my Father ,but my Confidence started tumbling after 2019. When his son (lets say A) made whole work force according to him & I was cornered .As challenge I in 2020 started some operations to complete production & it run well until 2022. But they (Factory staff) introduced as if I was buyer of those components. It kept on untill uncle showed the debt as in lacs for me while he getting all support for his production from Everyone &My father tensed but doesnot retaliate. What should I do?
Ans: Dear SK,
Well, you need to build your territory and being a family business, boundaries have never been clear...It seems obvious that your uncle favors his son over you and your father does not want to ruffle feathers by standing up for you...then you stand up for yourself.
What position that you have earned through your hard work must be acknowledged...if it isn't and it's going to lead to a family rift, then maybe it's time for you to build something for yourself by expanding the business within or outside. It is difficult to balance relationships within the family and at work; somewhere emotions come in the way of doing what is right and just. So, play it safe and start looking at how you can expand your work profile and enhance what you can bring to the business exclusively through your skill sets. This helps pass a message down the organization as to you being an expert in that particular area. If this fails, well...let yourself shine where you can and must...

All the best!

..Read more

Radheshyam

Radheshyam Zanwar  |3198 Answers  |Ask -

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Aug 03, 2024

Listen
Career
sir i need your guidance in my career path... i am a mechanical engineer passed out in 2014 from bhubaneswar, back then my father business collapsed which was in jharkhand and my father had lakhs of debt.. we were having another home which is in kolkata which is basically an ancestral property having some joint cosharers. I tried many area but i didn't get any job in my field so i started doing pvt tuitions but the earnings is very less . I was earning 8 thousnad a month back then , i too had education loan for my engineering degree so i too had the burden of clearing the debt of my education loan which was of 3 lakhs rupees .. . my father had 2 option to clear the dues and debts: 1) selling his running loss making business which was in jharkhand 2) sell the share of his ancestral property. The ancestral property is a 3 story building , my father was resided in ground floor with family, his elder brother is residing in 1st floor and the younger brother of my father residing in 2nd floor... but the partition was not being done on papers , as we need to sell our share of property so the consent of the cosharers was also matters , my younger uncle agreed to give he is consent but my elder uncle didn't give his consent also threat my father " I will see how will you sell your share your property , i will make sure no body can purchase your share of property and i will never give my consent" these were his words ... My father spent majority of the expenses of elder uncle's marraige as my father started earning from the age of 17 , my father also gave him money when his income was low and supported each of his siblings but when my father business collapse no body came to help us. My father never saved money , had no savings, had no investments .. so My father sold his business and home which was in jharkahnd to clear the debts still my educational loan is there My father started very low profile job , our prestige , recognition has gone in the society and so my father wanted me to become a sarkari babu / officer I was primarily taking tuitions and giving numerous exam but i can't clear any of the officer level exam due to stress or lack of guidance Basically from childhood i was interested in singing,dancing, mimicry so i gained huge popularity in my childhood in jharkahnd , but as my mother wants me to become engineer as she knows my father never saves money and had no backup so she wanted me to become engineer... I joined a MNC as customer service associate in 2021 as my communication is good .... Due to HEART AATACK ""MY FATHER PASSED AWAY IN NOVEMBER 2022" ... MY elder Uncle took all the documents of the house and capture major chunk of the property. All the peoples of our society in kolkata respects our elder uncle , he is very polite and generous to others but He only envy with us just because his son is unemployed, had not completed his studies after 10th and aged 38 and never come out of his home. My Mother is with me she has become silent and barely talk with others and barely out from home.. i am working in a company ... My education loan has become 7 lakh rupees... My EMI is 5.5k per month i have only 2 or 3 friends and also fears to make friends i am 32 now I NEED YOUR GUIDANCE SIR i can't able to handle emotions when i see my elder uncle , He is a real MIRZAFUR. i can't live in the same building with him, i want to change the state but i have expecting that once we leave our home it will be captured by the local goons and by my uncles as our flat is in ground floor and a landmark of the society . i am not very keen to file a court case as i have less money and also it will be difficult to stay in the same building with tehem once i file a case for the Partition. I haven't mentioned all the pains and agony of us because it will not possible to explain all the things here. Majority of the times i am tensed and not interested to join any socail gatherings SIR HOW CAN I LIVE ALONE ? SIR CAN I BECOME SUCCESSFUL IN LIFE ? I HAVE LEARNED JAVA and working as Java Developer. CAN I GET A GOOD COMPANION FOR MY LIFE? CAN I BUILD MYSELF TO A LEVEL FROM WHERE MY MOTHER GET BACK THE PRESTIGE SHE LOST? PLEASE SUGGEST A WAY FORWARD RESPECTED SIR
Ans: Hi ER. Your question is too lengthy and unable to correlate multiple problems with each other. You along with family members, sit together to solve the problems wisely and get the proper solution to get it out. Or you can talk with a counselor one to one so that he can understand it clearly and will try to give the solution.

Radheshyam Zanwar, Aurangabad (MS)

..Read more

Latest Questions
Nayagam P

Nayagam P P  |6237 Answers  |Ask -

Career Counsellor - Answered on Jun 13, 2025

Career
Hi Sir, With a JEE adv rank of 20561, my son could get Mech in Institute of Petroleum and Energy (IIPE), Vizag. He has a KCET rank of 3935 which might fetch him a ECE in PESIT. As he has no branch preference, which do you think is a better option for future?
Ans: With JEE Advanced rank 20561 and KCET rank 3935, your son has excellent prospects at both IIPE Vizag Mechanical Engineering and PESIT ECE, but they offer distinctly different career trajectories and placement outcomes. IIPE Vizag demonstrates exceptional placement performance with 97.87% placement rate, 93.75% placement rate in 2024, and 96% in 2023, supported by top PSU recruiters including ONGC, HPCL, IOCL, GAIL, and Schlumberger. The institute holds NIRF ranking #201-300 in Engineering category 2024, with strong focus on petroleum and energy sector providing specialized career opportunities in core engineering roles. PESIT (PES University) shows strong placement consistency with 83% BTech placement rate in 2023, 87% in 2022, and median package trends showing consistent improvement from INR 7.30 LPA to INR 8 LPA between 2021-2023. With KCET rank 3935, ECE admission is viable as the expected cutoff ranges between 3000-3200 for general category. PESIT maintains superior NIRF ranking #101-150 in Engineering category with over 350 companies participating in placements including Amazon, Microsoft, Intel, and Deloitte. However, IIPE's specialized focus on energy sector provides better core engineering opportunities and higher placement consistency, while PESIT offers broader IT sector exposure but with more competition. Recommendation: Choose IIPE Vizag Mechanical Engineering for superior placement consistency, specialized energy sector focus, strong PSU connections, and better core engineering career prospects despite PESIT's higher institutional ranking. All the BEST for the Admission & a Prosperous Future!

Follow RediffGURUS to Know More on 'Careers | Money | Health | Relationships'.

...Read more

Nayagam P

Nayagam P P  |6237 Answers  |Ask -

Career Counsellor - Answered on Jun 13, 2025

Asked by Anonymous - Jun 10, 2025
Career
My son got into CS at PESU RR Campus. With his BITSAT score from first session, he might get Electronics and Instrumentation at BITS Pilani Goa Campus. Which one should he prefer?
Ans: Your son has excellent prospects with both CS at PESU Ring Road Campus and Electronics & Instrumentation at BITS Pilani Goa Campus, but they offer distinctly different career trajectories and placement outcomes. PESU RR Campus CS demonstrates strong placement consistency with 83% placement rate in 2023, 87% in 2022, and median package of INR 12.47 LPA for UG programs in 2025. The CS program benefits from over 350 companies participating in placements including top-tier recruiters like Amazon, Microsoft, Google, and IBM. BITS Pilani Goa Electronics & Instrumentation shows superior overall placement performance with 91.15% placement rate for First Degree programs in 2023, 95.93% in 2022, and 95.75% in 2021. BITS Goa maintains higher median packages at INR 17.65 LPA in 2023 compared to PESU's offerings. However, Electronics & Instrumentation as a branch typically has limited core industry opportunities compared to CS, with most EI graduates transitioning to IT roles or requiring additional automation certifications for core positions. BITS Pilani enjoys superior brand recognition nationally with NIRF ranking #20 for engineering compared to PESU's 101-150 ranking. The BITS brand value provides better alumni network advantages and recognition among top-tier companies. Recommendation: Choose CS at PESU RR Campus for superior branch-specific career prospects, direct alignment with current market demands, broader job opportunities in the thriving IT sector, and better long-term growth potential despite BITS' superior institutional brand value. All the BEST for the Admission & a Prosperous Future!

Follow RediffGURUS to Know More on 'Careers | Money | Health | Relationships'.

...Read more

Ramalingam

Ramalingam Kalirajan  |8910 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jun 13, 2025

Asked by Anonymous - Jun 13, 2025
Money
Hi Jinal, I am 26 and currently starting SIP 9 months ago . Nippon small cap -2k Quant small cap -3.3k Bandhan small cap - 2k Motilal Midcap - 2.5k Sbi long term equity - 2k Sbi psu - 50k lumpsum Could you please suggest portfolio allocation and if I want to increase my from 13300 to 40000
Ans: At 26, you are off to a good start. You have taken initiative early. That itself is a big advantage. You have built a solid base with Rs. 13,300 SIP and Rs. 50,000 lump sum. Now you are planning to scale it to Rs. 40,000 SIP monthly. Let us build a complete 360-degree strategy to match that.

Analysing Your Current Portfolio
You are currently investing in:

3 Small Cap funds – Rs. 7,300

1 Mid Cap fund – Rs. 2,500

1 ELSS (Tax Saver) – Rs. 2,000

1 PSU thematic fund – Rs. 50,000 lump sum

Small Cap Overexposure
Small caps are high risk and high return.

55% of your SIP is into small caps now.

At 26, risk-taking is fine, but too much can backfire.

Small caps are also more volatile than other equity categories.

Mid Cap Underrepresented
Only Rs. 2,500 is allocated.

Mid caps balance risk and return.

They suit your age better than overloading on small caps.

PSU Fund Caution
Thematic PSU funds are not for long-term SIPs.

They work better for short bursts or tactical allocations.

Do not increase this further.

ELSS for Tax Saving
A good move for 80C benefit.

Continue with one ELSS.

No need for more tax-savers.

Ideal Asset Allocation for Rs. 40,000 SIP
We now restructure your Rs. 40,000 SIP goal.

Recommended Category-Wise Split
Large & Flexi Cap: Rs. 13,000 (33%)

Mid Cap: Rs. 9,000 (22%)

Small Cap: Rs. 7,000 (18%)

Multi Asset / Balanced Advantage: Rs. 6,000 (15%)

ELSS (Tax saving): Rs. 2,000 (5%)

Thematic (Optional): Rs. 3,000 (7%)

You are building long-term wealth. So diversification is important.

Why Include Large/Flexi Cap Funds
They are less volatile than small/mid caps.

They include India’s top companies.

Help maintain portfolio stability in tough times.

Why Mid Cap Allocation Should Rise
Mid caps offer strong long-term compounding.

They provide better balance than small caps.

You are young, so 20–25% is suitable.

Why Balanced Advantage/Multi Asset
These funds bring stability during corrections.

They auto-shift between equity and debt.

Ideal for mental peace and smoother growth.

ELSS – Already Covered
You are investing Rs. 2,000 here.

That is fine for tax planning now.

No need to increase unless Section 80C not fully used.

Avoid More in PSU Fund
Thematic funds are risky and cyclical.

Limit to Rs. 50,000 already invested.

Do not SIP further in this theme.

Suggested Fund Types to Add
Please do not go for direct plans.

Direct funds may seem to save cost.

But they offer no guidance or review.

Regular funds through a CFP-backed MFD ensure discipline.

You also get behavioural support during market volatility.

Always value long-term performance, not short-term low cost.

Avoid index funds.

Index funds cannot beat the market.

They follow the market blindly.

They do not react to bad sectors or poor quality companies.

Actively managed funds adapt better.

Skilled fund managers give better downside protection.

So always prefer good regular active funds. Let a Certified Financial Planner guide fund selection.

Additional Wealth Creation Tips
Now let us think beyond SIP.

Build Emergency Fund
Keep at least 6 months expenses aside.

Use bank RD or short-term mutual fund for this.

This avoids stopping SIP during crisis.

Review Insurance Policies
You are 26 now.

Take a Rs. 1 crore term insurance if not already done.

No need for money-back or endowment plans.

If you have LIC, ULIP, or mixed plans, exit them smartly.

Reinvest in mutual funds instead.

Boost PPF Annually
PPF gives fixed tax-free returns.

Good for conservative allocation.

You can keep Rs. 5,000 monthly if goal is far.

Avoid Real Estate for Now
Property locks your money.

No liquidity.

High costs and low rental yield.

Mutual funds give better return with more flexibility.

Portfolio Review Strategy
Review SIP performance every year.

Use Certified Financial Planner for regular monitoring.

Rebalance if small cap rises too much.

Track goal progress – not just fund return.

Do not keep switching funds too often.

How to Scale from Rs. 13,300 to Rs. 40,000
Increase in steps. Not in one jump.

Step-Up Plan:
Month 1: Increase to Rs. 20,000

Month 4: Increase to Rs. 30,000

Month 7: Raise to Rs. 40,000

This keeps it comfortable for you.

If salary increases or expenses reduce, accelerate faster.

Retirement and Long-Term Goal Preparation
You are 26 now. Retirement is 34 years away.

Use this time wisely.

A Rs. 40,000 SIP with step-ups every 2–3 years can create huge wealth.

But stay invested for 15+ years.

Avoid stopping during market corrections.

Power of compounding works best when uninterrupted.

Final Insights
You are already thinking 10 years ahead. That itself is a strength.

Continue SIP discipline every month.

Add large and balanced funds to reduce portfolio risk.

Avoid increasing in small or thematic funds.

Choose active regular plans via trusted CFP-led MFD only.

Stay away from direct funds and index funds.

Slowly scale SIPs to Rs. 40,000 in a planned way.

Review performance annually. Don’t check returns monthly.

Keep your insurance and emergency fund updated.

Let every rupee you earn have a clear job to do.

This 360-degree approach will help you grow faster and safer.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

...Read more

Ramalingam

Ramalingam Kalirajan  |8910 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jun 13, 2025

Asked by Anonymous - Jun 13, 2025
Money
Hi Dev, I am 26 and currently starting SIP 9 months ago . Nippon small cap -2k Quant small cap -3.3k Bandhan small cap - 2k Motilal Midcap - 2.5k Sbi long term equity - 2k Sbi psu - 50k lumpsum Could you please suggest portfolio allocation and if I want to increase my from 13300 to 40000
Ans: You are only 26, and already investing consistently. That’s a solid beginning. Now you plan to grow SIPs from Rs. 13,300 to Rs. 40,000 monthly. Let us review your current allocation, assess the gaps, and build a 360-degree plan.

Present SIP Allocation Overview
Your present SIP is Rs. 13,300. It is split as follows:

Small Cap Funds: Rs. 7,300

Mid Cap Fund: Rs. 2,500

ELSS (Tax Saver): Rs. 2,000

PSU Fund: Rs. 50,000 lump sum

This structure gives heavy tilt towards small cap. Small caps are high-growth. But they are also volatile. Long term vision is needed.

Allocation Insights
Here is a fund-type wise summary:

Small Cap Exposure
Almost 55% of SIPs are in small caps. Too much for your age.
These funds may perform well over 8–10 years. But very risky short term.
You must reduce weight here while expanding.

Mid Cap Exposure
Currently at Rs. 2,500. Needs more space in your portfolio.
Mid caps provide balance between growth and risk.

ELSS (Tax Saving Fund)
Good to see tax planning started. Continue this for Section 80C.
You can keep it around 15–20% of your total SIPs.

PSU Sectoral Fund (Lumpsum)
Sector funds are risky. This is a concentrated bet.
Do not increase further allocation here. Hold it. Watch for 5 years.
Sector cycles change. Avoid SIPs in sector funds.

Proposed Monthly Allocation: Rs. 40,000
Now, if we shift to Rs. 40,000 monthly, suggested allocation is:

Large Cap Diversified Fund – Rs. 10,000
Offers stability. Ideal for cushioning volatility.
Actively managed funds outperform index in India.

Flexi Cap Fund – Rs. 8,000
Flexibility to shift across market caps. Gives balance.
Useful when economy cycles change.

Mid Cap Fund – Rs. 6,000
Increase from current Rs. 2,500. Mid caps need higher allocation.
Gives steady long-term returns.

Small Cap Fund – Rs. 6,000
Reduce this slightly from current exposure.
Keep only 15% of overall SIP here. Too high will increase risk.

ELSS Fund (Tax Saver) – Rs. 6,000
Increase from Rs. 2,000. Tax benefit continues under Sec 80C.
You can split this in two funds if needed.

Balanced Advantage Fund (BAF) – Rs. 4,000
Hybrid fund reduces volatility. Good to hold during market corrections.
Useful to smoothen your wealth journey.

Why Not Index Funds?
Index funds look simple. But they have issues.

They copy the index. No strategy. No downside control.

Index has no exit plan during crisis.

No outperformance. Just passive returns.

In India, many active funds have beaten the index.

So, at your age, active funds are better. They are managed with skill.

Why Not Direct Plans?
Many go for direct plans to save 1% commission. But that’s risky.

No guidance from a qualified CFP.

No help during market panic.

You may exit at the wrong time.

You miss rebalancing help.

Regular plans through CFP-backed MFDs offer personalised care.

That 1% cost gives long-term stability and discipline.

Insurance Check
You did not mention term insurance. If you have dependents, take Rs. 1 crore.
Avoid ULIPs, LIC plans or endowments.
If already holding them, consider surrendering and reinvesting in mutual funds.

Emergency Fund Planning
Build emergency fund equal to 6 months of expenses.
Keep this in liquid mutual fund or sweep-in FD.
This gives you peace of mind and avoids sudden loan needs.

Tax Saving and Filing
Continue ELSS SIPs. They offer tax deduction under 80C.
Combine this with EPF if you are salaried.
Always file ITR even if income is below taxable level.
It builds your credit and helps in future loans.

PPF Consideration
If you want assured returns, continue PPF too.
But don’t lock all money in debt.
Keep PPF limited to Rs. 50,000 yearly if mutual funds are doing well.
Use SIPs as primary engine for wealth.

Monitor Your Investments
Track your investments every 6 months.
Avoid checking NAV daily. That leads to panic.
Stick to long term vision.
Rebalance once a year with help of a Certified Financial Planner.

Debt Management
You did not mention any loans.
If you have education loan or personal loan, pay high interest ones first.
Don’t use credit card for investing.
Avoid EMIs for gadgets or lifestyle. Save first. Spend later.

Future Planning
Start SIPs for goals like:

Retirement – Even though you are 26, time is your friend.

House Downpayment – Avoid loans as much as possible.

Child Education – SIP for 15+ years gives compounding benefit.

International Travel – Plan it. Don’t swipe it.

Final Insights
Keep SIPs simple and balanced.

Avoid chasing returns in small caps only.

Take help from Certified Financial Planner. Not from social media tips.

Review portfolio with goals. Not market noise.

Invest in yourself. Read. Upskill. Income growth adds to wealth.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

...Read more

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

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