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

Love Guru   |204 Answers  |Ask -

Relationships Expert - Answered on Apr 07, 2022

Love Guru has been answering relationship and romance related questions on Rediff.com for over 13 years. She won't mince words when telling you what the problem is and what you can do about it. If you want a fresh perspective from an unbiased, objective-thinking individual about your relationship woes, Love Guru could just be the person you need to need to hear from.... more
Anonymous Question by Anonymous on Apr 07, 2022Hindi
Listen
Relationship

Dear Love Guru,
I am working in an educational Institute where I am a non-teaching staff.
Out of many staff members, I liked one married lady faculty.
She always laughs when I crack jokes. She talks nicely with me. So I am waiting for a chance to impress her and propose her.
After so many waiting months, I got a chance. Her payment cheque was with me for delivery so I called her at a place which is near to her home. There, I asked her a coffee in a hotel. She immediately agreed.
So we go to nearby hotel and have a lot of general discussion for one hour.
At the end of it, I gave her one yellow rose as a good friend to start the friendship.
After 2-3 days, I again called her to meet me in a hotel for coffee. She first said yes and after one hour she refused to meet me.
After that, she stopped talking with me and blocked me from WhatsApp, phones and other things. She is avoiding me continuously due to which I have gone into depression.
Love Guru, please tell me where I went wrong.

Ans:

Oh, I’ll tell you where you went wrong alright -- by trying to pursue a married woman!

Just because she is nice to you and laughs at your jokes does not mean she’s romantically interested in you. And maybe she realised that you’re in it for more than friendship and decided to cut things off right there.

I would suggest you behave appropriately, keep your distance and look for a relationship elsewhere.

I need not remind you that it’s also your job on the line if she complains of sexual harassment at your workplace.

Look elsewhere, there are plenty of fish in the sea!

 

You may like to see similar questions and answers below

Love Guru

Love Guru   |204 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

Love Guru

Love Guru   |204 Answers  |Ask -

Relationships Expert - Answered on Jan 13, 2022

Relationship
Hi Love Guru. Please keep my identity as anonymous as possible.  I have few issues going on in my mind and want your suggestions. First, to get out of block and unblock chain. I met a girl who is my brother’s friend in 2017. We started chatting on FB, then exchanged numbers. We had a rapport till six months. There was a unique attachment between us during that period. Not chatting with her for even one day would make me uneasy. In October 2017, her engagement was fixed. I was normal, knowing that there cannot be much between us except being in contact. One day, at the end of our talk, she said, Love you. I laughed, saying “What nonsense that you always call me with different weird names. Now, after your engagement is fixed, you are telling me this.” Then, she blocked me on WhatsApp and I really felt like I was in a cage. Then, after a few days, she unblocked me. She got engaged but, after a few months, her engagement broke. We then again got in good contact. After few months her marriage got fixed. Now she is married. After her marriage, our contact was very, very less as priorities changed. I proceeded with my studies and job and she carried on with her personal and professional life. Two months back, she called me and said I am bored and feeling irritated with life so I called you to freshen my mind. I was also happy talking to her. I am that kind of introvert person who opens up with few and she was among them. For one or two weeks, we used to talk 30 to 45 minutes daily. Suddenly, she blocked me on WhatsApp. I called her and she behaved like a stranger to me -- like who’s this, I don’t know you, who you are and she ended the call and blocked me. Till date, she has blocked me. I think there are many things she is hiding from me -- from why her first engagement broke to marring another guy who is not of her caste when she is from a conservative family  Post her engagement, there were many times she blocked and unblocked me. She is running in my mind. I want to get rid of her. Please suggest how and what shall I talk to her so I get an end to this. Thank you for bearing to read all this. My second issue is I think I am addicted to pornography. Two to three years back, I used to watch a lot of porn and would prefer MILF porn, ie senior pornstars videos. I think, due to this, I don’t get much attracted to girls of my age. I respect them but I think, because of my addiction, I see females elder to me attractive rather than females of my age. Please help. Suggest how I shall get out of this as this also affects me academically, personally and professionally. Thank you, Anon
Ans:

Dear Anonymous,

I don’t think you really have any serious problems in your life at all; it’s your perceptions that are all wrong.

Let me straighten this out for you, one issue at a time.

First off, you have one weird, unpredictable friend who once told you she loved you and then went and married someone else.

Not once have you stated that you are in love with her or have feelings for her. In fact, when she said she loved you, you brushed it off.

She contacts you when she’s bored and cuts you off when she’s not.

And now, it’s come to the point where you really need to be the one blocking her and not the other way around...

You want to get rid of her? Block her once and for all. And if she still manages to get in touch, tell her politely that you have had enough of this one-sided friendship and not to contact you again.

Second, about what you think is a porn ‘addiction’... An addiction is something that interferes with your normal life, career and relationships. It’s an obsession that consumes you every waking hour.

And, from what you’ve said, I don’t think you’re watching such volumes of pornography every day, are you?

Furthermore, unless you’re into grannies, I don’t think there’s anything wrong with being attracted to women older than you... everyone has a type!

If after everything I’ve said you still fancy you have problems, I’d suggest visiting a therapist. But before spending that kind of money, think long and hard about what I’ve said and decide for yourself whether you think you need it.

 

..Read more

Anu

Anu Krishna  |1431 Answers  |Ask -

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

Ravi

Ravi Mittal  |499 Answers  |Ask -

Dating, Relationships Expert - Answered on Dec 01, 2023

Asked by Anonymous - Nov 22, 2023Hindi
Listen
Relationship
Hi, myself is 31 years old guy and I was in relationship with the women (collegue of mine in previous company) who is married and had 1 son and she is 9 years elder then me. Basically I was going through a tough time as I had breakup in 2017 and started drinking and smoking which usually everybody does after a heartbreak. In year 2019 she got to know about my drinking habits and she starting giving her time to me so that I stop all this things. She used to behind me to stop all these things but gradually after a year or so we started developing feelings for each other. We used to talk to a lot like almost we used to share everything and in year 2020 we got into relation and we proposed each other. Everything was fine till 2021. In year 2021 I went for a group picnic where my Ex was also present and my biggest mistake was that I didn't shared this thing with her but she got to know this from one of our common collegue who was also part of the picnic & after that disaster started in our life. She started doubting me that I am still in relation with my Ex but I was not there & continuously I have to prove myself that I don't have any feelings for my ex & I love you only. I was ready to do anything for her even just to surprise her I travel to her city where she went on vacation to her parents house. But unfortunately that was the last time we were together the moment I came to my hometown things started getting worse as she again started doubting me and in anger I just burst on her and after that she stopped talking and bcz of which I went into a depression and due to which I was completely mess was not able to do anything in my life except drinking. Now it has been 2 years that we don't talk except only on some occasion she calls or msg. Still I am having the same feeling for her which I had 3 years back & I need her back in my life. Please suggest me what should I do in this scenario.
Ans: Dear Anonymous,

I am sorry to hear you are facing such challenges in your life. Doubt and jealousy can ruin a relationship and your relationship is proof of that. While you might not have had bad intentions when you did not reveal your ex being present in the gathering with you, it is also understandable that your partner's trust suffered a crack which finally gave away completely. The thing to learn here is that open communication could have saved you all these sufferings. But that's all in the past. Right now you are separated from your partner and I assume she is not interested in getting back together. Your question should not be how to get her back, but rather how can I move on. Your job is not to convince her but to convince yourself that this is for the best. And it truly is; no relationship can survive in the shadows of doubt.

Focus on yourself. Spend time with your friends. Understand that you made a tiny mistake but you tried your best to convince your partner of your loyalty to her; it did not work out but you are not to blame. Some things just don't, and your relationship was one of those things. Forgive yourself if you feel guilty for not disclosing the situation to your partner. You know you were not a cheater and it's no longer your job to convince her of that. Give yourself ample time to grieve the loss and accept that it's lost. Don't keep looking for ways to get back together or you will never move on. It will hurt in the beginning but it will get better soon. Once you feel better, go out and meet people. I am not saying your ex-partner wasn't great but trust me, there are more people out there, who are amazing; they will help you not just heal but also grow.

It's time to let go.

Best Wishes!

..Read more

Latest Questions
Shalini

Shalini Singh  |142 Answers  |Ask -

Dating Coach - Answered on Jan 08, 2025

Anu

Anu Krishna  |1431 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Jan 07, 2025

Asked by Anonymous - Jan 06, 2025Hindi
Listen
Relationship
Why do hotels in India disallow unmarried couples? A few months ago, I was travelling with my girlfriend (who was my colleague then, we weren't dating then) on a work trip and suddenly, we received a knock on the door at night asking us to vacate the room in Delhi. It was 2 am and we were sleeping on different beds. There was a partition in the room, yet we were asked to pack and leave because some guest had complained. In the middle of the night no one was willing to offer us a room. It was an odd hour so at 4.30 am, I finally told the manager to let my GF hire a room as we had nowhere to go. I waited in the reception area. Isn't it unsafe to take the booking and then ask us to vacate later? Why is India so rude to unmarried couples? A boy and a girl could also be friends sharing a room to save money!
Ans: Dear Anonymous,
Each hotel use discretion to allow or disallow an unmarried couple from staying in their premises. There could be various reasons which may include activities which are outside of the law. Now, to what has happened to you is very inconsiderate. My question to you is: while booking, did you look at the hotel policies? If it says: unmarried couples allowed, then whatever has happened can be challenged and you can possibly demand a refund for unfair treatment. If it disallows unmarried couples and they have accommodated you, even then they are in the wrong for going against their own policies and then inconveniencing you.
So, clarity on this will give you an idea as to what exactly happened.
I don't know if India is being rude to unmarried couples as each person will view it through their lens and come to a conclusion as to whether it's right or wrong. Always check the hotel policies before booking.

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

...Read more

Radheshyam

Radheshyam Zanwar  |1133 Answers  |Ask -

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Jan 07, 2025

Asked by Anonymous - Jan 07, 2025Hindi
Listen
Career
This is my first time appearing for GATE, and I’m already feeling a bit overwhelmed with all the preparation. Now that the admit card release is approaching, I’m worried about missing any important details. Could you please explain the step-by-step process to download the admit card and what documents I should carry on the exam day?
Ans: Hello dear.
What is a surprise that you are appearing in the GATE examination 1st time? Everybody goes through this situation. You are on the turn of completing your B.E./B.Tech. and at this point, the anxiety developed not showing good symptoms. Be cool and relax. Since 3-4 years you are well acquainted with the engineering examination pattern. The difference between regular and GATE is that, for GATE, you have to prepare F.E. to B.E. syllabus and that is the only issue. A candidate who remained sincere from 1st year will not have any type of anxiety with GATE. Try to cover the syllabus in depth as early as possible. Now, related to your admit card, visit the GATE website where you will receive an announcement via SMS/email to download the admit card. Follow the steps mentioned in the email and download it. On the respective website, everything is mentioned clearly about the documents to be carried on the examination day. Keep a close eye on the GATE examination. Best of luck for your upcoming examinations in the future.

If satisfied, please like and follow me.
If dissatisfied with the reply, please ask again without hesitation.
Thanks.

Radheshyam

...Read more

Ramalingam

Ramalingam Kalirajan  |7462 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jan 07, 2025

Asked by Anonymous - Jan 07, 2025Hindi
Money
Dear Mr Ramalingam, Good Afternoon. I am 55years old. I had purchased two SBI life policies(Plan Name: SBIL- Smart Privilege Series III- RP and LP) one for self and one for my wife with annually paid premiums of ?1200000/- and ?600000/- respectively in Feb 2023 for Policy Term of 10 years. I have two questions: 1. Is paying annual premium financially beneficial as compared to paying half yearly or quarterly? 2. Should I continue paying the premium after the first compulsory premiums of 5 years or invest the amount in Equity Mutual funds for better appreciation of money? Thank you, Warm Regards.
Ans: Investing Rs. 12,00,000 annually for yourself and Rs. 6,00,000 for your wife in SBI Life Smart Privilege plans requires a thorough evaluation. Your queries about premium payment frequency and policy continuation beyond five years are critical for maximising returns and aligning with your financial goals.

Let’s analyse these aspects comprehensively.

1. Premium Payment Frequency: Annual vs Half-Yearly or Quarterly
Cost Efficiency of Annual Premiums

Annual premiums often cost less than half-yearly or quarterly options. Insurers offer discounts for lump-sum annual payments.

Paying in smaller instalments results in additional administrative charges. This increases the total cost of the policy.

Annual payments ensure immediate allocation of your funds. Half-yearly or quarterly payments delay this allocation, reducing the compounding benefit.

Opting for annual payments is financially efficient, provided cash flow permits it.

Impact on Cash Flow

Annual payments require larger cash reserves. Evaluate whether this impacts your liquidity needs.

If cash flow is constrained, half-yearly or quarterly options provide flexibility. However, they incur higher costs.

2. Continuation After 5 Years vs Investing in Equity Mutual Funds
Performance of ULIPs vs Equity Mutual Funds

SBI Life Smart Privilege is a ULIP (Unit-Linked Insurance Plan). ULIPs combine insurance with investments.

ULIPs have higher charges such as policy administration, premium allocation, and fund management fees. These charges reduce net returns.

Equity Mutual Funds often outperform ULIPs due to lower expense ratios. They focus solely on wealth creation, unlike ULIPs.

Lock-In Period Considerations

ULIPs have a mandatory 5-year lock-in. Beyond this period, the decision to continue depends on fund performance and your financial goals.

Evaluate your ULIP’s fund performance against comparable equity mutual funds. If it underperforms, consider discontinuing premium payments.

Flexibility and Liquidity

Mutual funds offer better liquidity and flexibility. You can withdraw or switch funds based on market conditions.

ULIPs restrict fund switches to options within the policy. Mutual funds provide a wider range of choices.

Advantages of Shifting to Equity Mutual Funds
Higher Returns: Actively managed equity funds generally deliver higher long-term returns than ULIPs.

Lower Charges: Mutual funds have lower expense ratios, maximising your investment growth.

Tax Efficiency: Equity mutual funds have tax benefits, but gains above Rs. 1.25 lakh are taxed at 12.5%. ULIPs have tax-free withdrawals under certain conditions, but the overall returns may still lag.

Goal Alignment: Mutual funds are better suited for long-term wealth creation and goal-specific planning.

Why Not Index Funds?

Index funds lack active management. They simply replicate market indices without adapting to market conditions.

Actively managed funds, on the other hand, strive to outperform the market. They offer better returns when managed by experienced professionals.

Index funds cannot shield against downside risks during market corrections. Actively managed funds provide better resilience in volatile markets.

Evaluating Policy Continuation After 5 Years
Key Questions to Assess

Is the ULIP’s fund performance aligned with your expectations?

Are the charges within the ULIP justified by the returns it offers?

Would reallocating the premium to mutual funds provide better results for your goals?

Strategic Approach

If ULIP performance is consistently below par, you can stop further premiums after five years.

Shift future premiums to mutual funds. Choose funds based on your risk tolerance and financial goals.

Retain the accumulated corpus in the ULIP until maturity to avoid surrender penalties.

Steps to Optimise Your Investments
Review Fund Performance: Regularly assess the returns generated by your ULIP. Compare them with benchmark indices and mutual funds.

Consult a Certified Financial Planner: A CFP can guide you in selecting suitable mutual funds for reallocation.

Diversify Investments: Spread your investments across equity, balanced, and debt funds for optimal risk management.

Leverage Tax Benefits: Plan withdrawals strategically to minimise tax liabilities under the new mutual fund taxation rules.

Taxation Insights
ULIPs offer tax-free maturity proceeds under Section 10(10D) if annual premiums do not exceed Rs. 2,50,000.

Mutual funds are subject to the following tax rules:

Equity mutual funds: Gains above Rs. 1.25 lakh are taxed at 12.5%.
Short-term gains on equity funds are taxed at 20%.
Debt mutual funds are taxed as per your income tax slab.
Consider these rules when deciding between ULIPs and mutual funds.

Key Takeaways
Annual premium payments are cost-effective if cash flow permits.

Continuing ULIPs beyond five years depends on their performance and alignment with your goals.

Equity mutual funds are a better option for wealth creation due to higher returns and lower charges.

Diversify investments and consult a Certified Financial Planner for personalised advice.

Final Insights
Your decision to invest in ULIPs was a thoughtful one, considering their insurance benefits. However, for long-term wealth creation, mutual funds could offer better appreciation. Evaluating the performance of your ULIPs after five years is crucial. If they underperform, consider reallocating your premiums to equity mutual funds for enhanced returns.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

Ramalingam

Ramalingam Kalirajan  |7462 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jan 07, 2025

Asked by Anonymous - Jan 07, 2025Hindi
Money
Sir I am planning to invest Rs.2000/= per month in SIP and the duration will be 10 years. What will be the return on the due date
Ans: Investing Rs. 2000 per month in a SIP for 10 years is a wise decision. Systematic Investment Plans (SIPs) provide disciplined and goal-oriented investing. Let’s assess your plan, its potential returns, and the key aspects of such investments.

Benefits of a 10-Year SIP
Power of Compounding
SIPs leverage compounding, helping your money grow faster over time. Starting early allows compounding to work better for you.

Market Volatility Management
SIPs mitigate risks of market volatility. They encourage purchasing more units when prices are low.

Affordable and Flexible
Starting with Rs. 2000 ensures affordability and consistency. Flexibility to increase contributions is an added benefit.

Wealth Accumulation Potential
A 10-year SIP can generate substantial wealth. Equity-based funds generally outperform other investments over the long term.

Expected Returns from Your SIP
Equity mutual funds typically yield 10-12% annual returns over the long term. With Rs. 2000 monthly, you could accumulate Rs. 4-5 lakh in 10 years.

Debt funds yield lower returns, around 6-8%. These funds are safer but less suitable for long-term goals.

Balanced funds blend equity and debt. They balance risk and return, yielding 8-10% annually.

Your choice of fund type affects your returns. Selecting the right fund category is crucial.

Factors Influencing Returns
Fund Selection
Actively managed funds often outperform index funds. Professional fund managers optimise portfolios for better performance.

Market Conditions
Equity market performance directly impacts returns. Long-term investments reduce the risk of short-term volatility.

Tax Implications
Equity fund gains above Rs. 1.25 lakh attract 12.5% tax. Short-term gains are taxed at 20%. Understanding taxation helps in planning redemptions.

Expense Ratios
Funds charge fees for managing investments. Actively managed funds have slightly higher costs than index funds. Regular funds through a Certified Financial Planner (CFP) ensure professional advice for these costs.

Disadvantages of Index Funds
Index funds lack flexibility. They mimic indices and cannot capitalise on market opportunities.

They do not protect against downside risk during market crashes. Actively managed funds can adjust to such scenarios.

Active funds offer higher returns when managed well. Professional management adds value to your investment.

Why Regular Funds with CFP Guidance?
Direct funds save costs but lack personalised advice. A Certified Financial Planner offers tailored strategies for your goals.

Regular funds through an MFD with CFP credentials ensure professional monitoring. They also simplify documentation and compliance.

How to Proceed
Set Clear Goals
Define your financial goal for this SIP. Is it for wealth creation, education, or retirement?

Assess Risk Appetite
Choose funds aligning with your comfort level. Equity funds are ideal for higher returns but come with risks.

Review Performance
Select funds with consistent track records over five to ten years.

Diversify Investments
Consider investing in different categories for balanced risk and returns.

Review Periodically
Assess performance annually. Switch funds if they consistently underperform.

Insights on SIP Taxation
Gains on equity mutual funds held for over a year qualify as LTCG. Only gains above Rs. 1.25 lakh are taxed at 12.5%.

Debt fund gains are taxed as per your slab rate.

Consider these rules while planning withdrawals. Tax-efficient withdrawals maximise returns.

SIP Advantages Over Other Investments
SIPs outperform fixed deposits and traditional insurance plans. They offer better liquidity and inflation-beating returns.

Real estate requires significant upfront capital and involves illiquidity. SIPs are more flexible and accessible.

Gold investments lack the potential for high returns compared to equity funds.

Common Mistakes to Avoid
Delaying Investments
Starting early maximises compounding benefits.

Stopping SIPs During Market Lows
Continue investments even during market downturns. They offer opportunities to buy units at lower prices.

Ignoring Goal Alignment
Match your SIPs with specific financial goals.

Final Insights
Investing Rs. 2000 per month for 10 years through SIPs is a smart choice. It can help you achieve long-term goals and build wealth steadily.

Focus on selecting funds aligned with your objectives. Regularly review and adjust your portfolio for optimal performance.

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