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Love Guru   |187 Answers  |Ask -

Relationships Expert - Answered on Dec 14, 2023

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
Pinky Question by Pinky on Dec 12, 2023Hindi
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Relationship

I am married for 8 years .I concieved through IVF and have a kid 3 years old . My husband has never shown interest not initiated for sex .all these years . He even sleeps in different room .never touches me . Many times I have confronted him on our intimacy and sexless marriage.but he doesn't respond on this .it seems every thing is normal for him .but for me I feel I messed my life with a man who is so indifferent to me. How shall I know him ?

Ans: Maybe he’s gay or asexual? It’s odd that for all these years he hasn’t shown you any physical affection and I can understand how frustrating it must be for you. And obviously he’s not forthcoming about what the problem is. I would seriously suggest a therapist who can help with your intimacy issues.

You may like to see similar questions and answers below

Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Jul 22, 2022

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Relationship
Hi Anu, it's been 5 years of my marriage. From the last few months I am feeling disconnected from my husband. I ask him about it. He mentioned that he met a guy somewhere in November and had a one-night stand with him. He explained to me the initiation was from him and that he likes him. After few days of conversation with him my husband started having feelings for him. But it was for limited time period coz that guy was trying on someone else or many others (according to my husband) A few days earlier he mentioned that he is being confused if he is gay or straight. He now has feeling for another guy but he has a family and sees him as friend. My husband is continuously telling me to understand him. He needs to find him etc etc... And deep down I know he has no future with any other man. He doesn't feel any physical attraction towards me (it's what I think). I do like him. Physically also. But he doesn't. We don't have any child. He is 36, I am 34.Now I am super confused what to do. I do love him. Please help.
Ans:

Dear KS,

It’s still unfortunate largely in our country and in few other places outside of India, sexual preferences and orientation is still considered a taboo or something to shoved under the carpet.

It’s treated as an illness that will go away like a cold and fever.

Your marriage possibly comes under this confusion and hence both you and your husband are struggling.

He never got a chance to figure out which gender he leans into more maybe due to societal pressure or from family; and it has surfaced after marriage.

For you, it feels like you have been cheated and though you love him, do know that it might not be a marriage that might work especially if he chooses to root himself to his current sexual orientation.

I suggest you weigh out the pros and cons of being in this marriage and have a frank discussion with your husband.

If he has nothing to offer to you and in this marriage, you know what is to be done.

Whatever it be, do know that this has happened at the right time; just imagine the confusions if there were children in the picture.

If after the discussion, it was just something that he experimented with, I guess there might be scope to grow into the marriage.

Have that discussion and do that NOW; a lot will ease.

Yes, it perhaps might be a heartbreak, but better to MOVE either way.

Be strong and all the best!

..Read more

Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Jun 09, 2021

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Relationship
I am going through a rough patch in my marriage and need an expert's advice badly since I do not have any elders or family members to help me out. I am a Muslim lady. I had my first marriage to a Hindu guy going against my family, which did not work out and we got divorced mutually. My family has since boycotted me and I am alone with a 14 year old daughter. (Mom stays with me but not much support) I am a working woman, and don't have much issues financially. After a year or so of my divorce, I met a childhood friend of mine after long, we liked each other, we got close and decided to get married. He was already married, but since in our religion, second marriage is legal and the second wife gets equal rights and respect as of first wife, I agreed for the marriage, which we solemnised secretly to not hurt his family (read his wife), but his dad supported us and agreed to our alliance too. It is almost 8 years now since our marriage, my hubby is loving towards me and my daughter, but the problem is he rarely stays with us at nights, he will come in daytime, stay for 4-5 hours, have dinner and leave. Some weekends only, he will stay. Initially I thought with time, it would change, but it's almost 8 years now, but nothing has changed and if I ask him, why he does not stay he says, 'office is far away; difficult to reach on time due to traffic and stuff.' Now, his whole family also knows about his marriage, then also he hardly gives us time and no one from his family contacts me or keeps in touch with me. Since I have been independent most of my life (I don't have a dad, bro or sis), I never asked for money since he also has a family to support. He will never give any on his own, even when I am short, he keeps saying he is in a financial crunch, once business picks up, he will take care of my expenses too. Since I am an only child, I wanted a kid with him, but he kept procrastinating that too, saying condition (financial) is not good right now; additional responsibilities will be an added burden for both of us. I live in a rented flat, while his family has his own (parents' home to be precise). My daughter is now almost 15, and understands quite a lot of things and has started disliking him. I am also at my wit's end now. I am tired and frustrated most of the time, feeling stuck. Any amount of talking and discussion only leads to arguments, and when he calms down, he would say he would try and change his ways but nothing changes. Please suggest what I am supposed to do now. Talking to him is out of question, it’s absolutely no use. I am even thinking of divorce now, (it's) better to live alone than with someone who makes you feel lonely. But I am afraid for my daughter, her marriage, the divorcee tag again and (she) being a laughing stock to society and family again, I do not know what to do. Please help me!
Ans: Dear K, well, I don’t want to be sounding judgmental here, but your husband seems to have it very conveniently laid out for him right now.

Two marriages; only one of which is out in the public and no kids from the second one. Nice arrangement, but one that makes you uncomfortable and now your daughter senses it too.

Ask yourself: what do I want from this relationship/marriage? Write it down clearly starting with the words: I want……… (Do not limit yourself or tell yourself what is possible or not; simply write everything that you want from it)

Once you have done that, go through it and check how many on the list seem like an absolute must have for you; those are some things that you value and cannot be compromised for anything. If you have already begun to compromise on them, then you have begun to devalue yourself and your future as well.

Stop right away and NOW. Anything or anybody who moves you away from what is important to you must absolutely not be given a place in your life.

Since, you mentioned talking to him is not an option, keep this list handy and picture what your life will be without him and check how it feels.

If it feels right moving on, just DO IT. Strength is in holding onto what you value and stand up for. But of course, if it helps, do try to have that discussion and iron things out.

Always remember: Value yourself and value what is important to you and let nothing or no one keep you away from that.

Wishing you a beautiful life!

..Read more

Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Nov 23, 2022

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Hi Anu, plz helpI am 42 years old and married since 9 years. We (husband and I) are childless. It's nine years since our marriage but we have not been intimate for even 90 times. My husband has no interest in sex. He had shown interest only in first week of marriage after that He never initiate. I understand his nature and always try to initiate but he always gives cold shoulder, he never reciprocates warmly, never holds me tightly or kisses willing. I always have to force' him or ask him to kiss or hug me. And this turns my mood off. This way we seldom have sex. I eagerly want it at least once a month and have told him, forced him several times but all in vain. I get frustrated. I feel restless. I can't share this with anyone. Whenever I try to get close, he ignores. Both of us respect and love each other. We don’t have extra marital affair. He cares for me too. I feel like running away from this situation but I love him and don’t want to leave him alone. Please respond.
Ans:

Dear Anonymous,

When there is a challenge with physical intimacy, it could be a physiological or a psychological problem. Either case, it needs some treatment.

But the worse could be conditioning about sex from childhood.

We all carry our maps when it comes to sex and beliefs around it. Along comes so many people and media and more who draw on these maps and we are left at the mercy of things that don’t belong to us.

Since he cares for you as you mentioned it, can you request him to sit down with you for an honest conversation where you can express all of this to him.

Who knows he might be willing to understand, and things can flow from there on.

Be kind instead of accusatory in your tone during the conversation. This will help ease him as well. But of course, if he resists the request, you might suggest that he see a professional.

It might again be met with some resistance but well, you need to try every trick in the book to meet an outcome.

Also, be aware that physical intimacy happens when the closeness develops outside the bedroom. So, spend a lot of time together, laugh a lot.

Praise his efforts in the marriage and appreciate the qualities in him.

Most often men who avoid sex simply suffer from low self-esteem and self-worth. So, play along and mean every compliment from the heart.

Best wishes to you!

..Read more

Dr Ashish

Dr Ashish Sehgal  |97 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Feb 10, 2023

Asked by Anonymous - Feb 08, 2023Hindi
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Relationship
i had a love marriage 20 years back. we were in a relationship for 3years before that. but after marriage i realised the harsh reality. though we are in the same field, he prefers that i do all the househld work. we have two children 17 and 12 years old. he has also started neglecting his health. after work his only work is to sit on sofa , watch tv. he has gained a lot of weight, has started eating pan masala which i dislike. we also had no sex for the last four years. when confronted he always says that he is in no mood. last year i came in contact with his friend and once we had sex too. but the sad part is i dont really feel guilty about it. i have tried many times to talk to my husband about our sex life but he always ignores and put the blame on me that i have started growing old. however hard i try he is not able to have a erection, this frustrates me even more. he is very dominating at home too. what should i do ? everytime i try to think to move out of that marriage but am afraid of the society. since he is very caring in front of others. am worried about the kids too. please help what should i do? there is no use of talking to him, i have tried it many times. he is not ready to go to any councellor too.
Ans: It sounds like you are facing some serious challenges in your marriage and that you are feeling frustrated, unhappy, and trapped. It's important to remember that you are not alone and that many people find themselves in similar situations.

Here are some steps you can consider taking:

Seek support: Talk to a trusted friend or family member about your situation. Consider reaching out to a therapist or counselor who can provide you with support and guidance.

Take care of yourself: Make time for self-care and engage in activities that bring you joy and peace. This can help you manage stress and cope with the challenges you're facing.

Consider couples therapy: Even if your husband is not willing to attend therapy, consider seeking therapy for yourself. A therapist can help you understand your feelings and emotions and provide you with strategies for coping with the situation.

Be honest with yourself: It's important to be honest with yourself about your feelings and needs. If you are unhappy in your marriage and feel that it's unlikely to improve, it's okay to consider leaving the relationship.

Make a plan: If you decide that leaving the marriage is the best option, make a plan for how you will do so in a safe and practical manner. Consider the impact on your children and plan for their care and well-being.

Seek legal advice: If you decide to leave the marriage, consider seeking legal advice to understand your rights and responsibilities.

Remember, leaving a long-term relationship is a big decision and can be a difficult process. It's important to take the time to consider your options and seek support from trusted friends, family members, and professionals.

..Read more

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Ramalingam

Ramalingam Kalirajan  |1775 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 09, 2024

Asked by Anonymous - Apr 08, 2024Hindi
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Equity Investment Using Loan ? ( 15 Lakhs ) Hi , I am contemplating to acquire a personal loan of 15 Lakhs at 10.45% interest. And invest lumpsum it in High Volatility Equity Mutual Funds giving a Return of about 25-30% on average Example: Quant Mutual Funds ( Midcap, Smallcap, Flexicap ) , Nippon India ( Midcap, smallcap) and Momentum Type Mutual Funds. Please suggest if I should go for it. Also I'm open to hear some better ways to go about investing aggressively using Loan. And also making the most out of my loan eligibility for acquiring gains.
Ans: Taking a personal loan to invest in high volatility equity mutual funds can be risky and may not be suitable for everyone. Here are some factors to consider before proceeding with this strategy:
1. Risk: Investing in high volatility equity funds involves a significant level of risk, especially when using borrowed funds. While these funds have the potential for high returns, they also carry the risk of significant losses, especially in volatile market conditions.
2. Interest Cost: The interest rate on personal loans can be relatively high compared to other forms of borrowing. At 10.45%, the interest cost can eat into your investment returns, potentially reducing your overall gains.
3. Market Uncertainty: The stock market can be unpredictable, and there are no guarantees of returns, especially in the short term. Investing borrowed money in equity funds exposes you to market fluctuations and the possibility of losses, which can impact your ability to repay the loan.
4. Loan Repayment: You'll be required to repay the personal loan, along with interest, regardless of the performance of your investments. If your investments underperform or incur losses, you may struggle to meet the loan repayment obligations, leading to financial strain.
Considering these factors, it's crucial to evaluate your risk tolerance, investment horizon, and financial situation before using a personal loan for aggressive equity investment. Additionally, seeking advice from a Certified Financial Planner can help you assess the suitability of this strategy and explore alternative investment options that align with your goals and risk profile.
If you're looking to invest aggressively, consider options like Systematic Investment Plans (SIPs) in equity mutual funds using your existing savings or surplus income. SIPs allow you to invest regularly over time, reducing the impact of market volatility and minimizing the need for borrowing.
Remember, prudent investing involves balancing risk and reward, and it's essential to make informed decisions based on your financial circumstances and long-term goals.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |1775 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 09, 2024

Asked by Anonymous - Apr 07, 2024Hindi
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Money
Sir I have paid a lump sum advance of Rs 75000 for CGHS LIFETIME CARD, I am a pensioner, can I take income tax deduction for this, if yes, in which financial year the deduction has to be taken? Can I claim deduction of the entire amount for the same financial year?
Ans: As a pensioner, you may be eligible to claim a deduction for the lump sum advance paid towards the Central Government Health Scheme (CGHS) Lifetime Card under Section 80D of the Income Tax Act. Here's what you need to know:
1. Deduction Eligibility: You can claim a deduction for the premium paid towards health insurance, including the CGHS Lifetime Card, for yourself and your family members. The maximum deduction allowed under Section 80D is up to Rs. 25,000 per annum for individuals below 60 years of age and up to Rs. 50,000 for senior citizens (aged 60 years and above).
2. Financial Year: The deduction can be claimed in the financial year in which the payment for the CGHS Lifetime Card was made. If you paid the lump sum advance of Rs. 75,000 in the current financial year, you can claim the deduction in the same financial year when filing your income tax return.
3. Claiming Deduction: You can claim the entire amount of Rs. 75,000 as a deduction under Section 80D, subject to the maximum limit applicable based on your age. If you have other health insurance premiums or medical expenditures eligible for deduction under Section 80D, ensure that the total deduction claimed does not exceed the maximum limit allowed.
It's important to retain the receipt or any documentation related to the payment made for the CGHS Lifetime Card as proof while filing your tax return.
Consult with a tax advisor or Certified Financial Planner to ensure compliance with tax regulations and maximize your deductions based on your specific financial situation.

Best Regards, K. Ramalingam, MBA, CFP, Chief Financial Planner, www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |1775 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 09, 2024

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Sir, NRI having only LTCG (taxable) and interest income which is less than one lakh. I want to file ITR at the earliest and is ready with details but a part of the interest income is yet to appear in AIS. I presume that the data will get populated by the middle of June. But as I have all the figures, can I proceed with ITR filing NOW or will it be considered contradictary with AIS?
Ans: You can definitely file your ITR now, even though a part of the interest income isn't reflected in the AIS (Annual Information Statement) yet. Here's why:

NRIs with LTCG and low interest income: As an NRI with only LTCG (taxable) and interest income below one lakh, you qualify to file ITR-1 (Sahaj).

Discrepancy with AIS: A minor difference between your reported income and the AIS data might not be a major issue. The income tax department usually sends notices for significant discrepancies.

Here's what you can do:

File with the information you have: Go ahead and file your ITR using the interest income details you possess.

Mention the discrepancy: While filing, you can explain the missing interest income in the ITR form itself. Briefly state that you expect it to be reflected in the AIS by mid-June.

Revise if needed: If the missing interest income gets populated in the AIS later, you can revise your ITR accordingly. There's a window for revising ITRs after the initial filing.

Here are some additional points to consider:

It's always best to report accurate income. Including the estimated interest income demonstrates your transparency.

If you're uncomfortable filing now, you can wait until the AIS data is updated by mid-June. However, there's no penalty for filing early.

Ultimately, the decision is yours. Filing now with an explanation or waiting for the AIS update are both viable options.

It's recommended to consult a Chartered Accountant (CA) specializing in NRI taxation for personalized guidance.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |1775 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 09, 2024

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My wife had purchased 200 units of UTI-CCGF in the year 1996. I am not sure what is the value as of today and how these can be surrendered? I have the allocation certificate with me. Let me know where these can be submitted and encashed.
Ans: I can definitely help you with information on UTI-CCGF and the surrender process. Here's what you can do:

Find the UTI Investor Service Center: UTI Investor Service Centers handle investor queries and transactions. You can find the center closest to you through a web search for "UTI Investor Service Center near me" or on the UTI website https://www.utimf.com/.

Contact UTI: Alternatively, you can contact UTI's customer care for assistance. Their phone number and email address should be available on the UTI website.

Documents Required: Have the following documents ready when you contact UTI:

Allocation certificate mentioning the investment in UTI-CCGF.
Proof of identity (your wife's ID proof)
Proof of address (your wife's address proof)
Bank account details (where you want the redemption proceeds to be deposited).
UTI Investor Service Center or customer care can give you the updated value.

Surrender Process: The UTI Investor Service Center or customer care will guide you through the surrender process. It typically involves submitting a redemption request form along with the required documents. The funds will then be credited to your bank account within the specified processing timeframe.

Since the investment was made in 1996, it's possible the scheme might have undergone mergers or restructurings. UTI Investor Service Center can clarify this and guide you accordingly.
Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |1775 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 09, 2024

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I want to sell my foreign stocks (US listed company) worth about 40 lakhs rupees. I want to understand how much tax I would need to pay considering federal tax laws or Indian tax laws. Is there a way I can somehow save tax by investing this amount in some other fund?
Ans: I can help you understand the tax implications of selling your foreign stocks in India.

Tax on Capital Gains:

Indian tax laws apply in this scenario. Profits from selling foreign stocks are considered capital gains.

Long-term capital gains (LTCG): If you've held the stocks for more than 24 months, they qualify for LTCG. The tax rate for LTCG is 20% plus applicable surcharge and cess. There's also a benefit of indexation, which adjusts the purchase cost for inflation, potentially reducing your tax liability.

Short-term capital gains (STCG): If you've held the stocks for less than 24 months, they qualify for STCG. STCG is taxed at your income tax slab rate plus applicable surcharge and cess.

Minimizing Capital Gains Tax:

LTCG benefit: Try to hold your stocks for more than 24 months to benefit from the LTCG tax rate and indexation.

Tax-efficient investing: Consider investing the proceeds from your stock sale in tax-efficient options like Equity Linked Savings Schemes (ELSS) to potentially offset capital gains. Remember, ELSS comes with a lock-in period of 3 years.

Consulting a Chartered Accountant (CA):

Taxes can be complex, and a Chartered Accountant (CA) can help you calculate your exact tax liability and explore tax-saving options based on your specific situation.

Disclaimer: I cannot provide specific tax advice. Please consult a qualified tax professional for personalized guidance.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |1775 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 09, 2024

Ramalingam

Ramalingam Kalirajan  |1775 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 09, 2024

Asked by Anonymous - Apr 24, 2024Hindi
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I am 36 year old NRE with an annual in hand salary of about 1 cr. I have previous savings of about 2.4 cr in SA and Fixed deposit. I have an HDFC life sanchay policy maturing in 2037. My monthly expense is about 1.5 lakhs. What would be the optimum saving to retire at the age of 45. I own an apartment in my city with the home loan paid up. I have currently no debts.
Ans: It's great to see you planning for your retirement at an early age! Let's outline a strategy to help you achieve your goal of retiring at 45 while maintaining your current lifestyle.

With an annual in-hand salary of 1 crore and monthly expenses of 1.5 lakhs, you have a significant surplus income. Given your age and financial situation, you have a good opportunity to save and invest wisely to build a substantial retirement corpus.

Starting with your previous savings of 2.4 crores in savings accounts and fixed deposits, you have a solid foundation. Consider reallocating a portion of these savings towards long-term investment vehicles that offer higher returns, such as mutual funds, stocks, or real estate investment trusts (REITs). This will help your money grow more efficiently over time.

Your HDFC life sanchay policy maturing in 2037 provides an additional source of income in the future. However, it's essential to review the policy terms and projected returns to ensure it aligns with your retirement goals.

Given your surplus income and relatively short timeframe to retirement, aim to save and invest aggressively. Consider allocating a significant portion of your income towards retirement-focused investment vehicles like equity mutual funds, which have the potential for higher returns over the long term.

As for the optimum savings amount to retire at 45, it's essential to work with a Certified Financial Planner to create a personalized retirement plan based on your financial goals, risk tolerance, and investment horizon. They can help you determine the ideal savings rate and investment strategy to achieve your retirement objectives comfortably.

In summary, by maximizing your savings and investing wisely in a diversified portfolio of assets, you can work towards retiring at 45 while maintaining your desired lifestyle and financial security.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |1775 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 09, 2024

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I am currently 18 year. Currently i have a income of 60k per month for only 2 years and i have loan for 60 thousand also i have to do college for 4 years which cost me 4.5 lakh. Please suggest me where should i diversify the rest of amount for financial freedom
Ans: It's impressive to see you thinking about financial planning at such a young age! Let's craft a strategy to make the most of your income and set you on the path to financial freedom.

Given your monthly income of 60,000 rupees and a loan of 60,000 rupees, it's essential to prioritize debt repayment to avoid unnecessary interest costs. Allocate a portion of your income towards clearing the loan as soon as possible.

For your college expenses totaling 4.5 lakhs over four years, consider setting up a separate savings account or investment vehicle specifically for this purpose. Since your college tenure is relatively short-term, opt for low-risk options like fixed deposits or debt mutual funds to ensure the safety of your principal amount.

Now, for the remainder of your income, it's crucial to focus on building a strong financial foundation for the future. Consider diversifying your investments across different asset classes to mitigate risk and maximize returns over the long term.

Since you have a relatively short investment horizon of two years for your income, opt for safer options like fixed deposits, recurring deposits, or short-term debt mutual funds. These investments offer stability and liquidity, making them suitable for achieving your financial goals within the specified timeframe.

As you progress in your career and your income grows, consider gradually shifting towards more aggressive investment options like equity mutual funds or stocks to build wealth over the long term. However, ensure you have a solid understanding of these investment vehicles and seek guidance from a Certified Financial Planner before venturing into them.

Remember, the key to financial freedom lies in disciplined saving, prudent investing, and continuous learning. Start early, stay focused on your goals, and you'll pave the way for a secure and prosperous future.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |1775 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 09, 2024

Asked by Anonymous - Apr 23, 2024Hindi
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Hello Madam, please review & advise on my mutual fund portfolio. SIP of 5000 each in UTI Nifty 50 index fund, Parag Parikh flexicap, Quant flexi cap & 3000 each in ICICI Midcap 150 index fund & Kotak large 7 midcap fund. All Started since 4 months, current age 42 & can do SIP for 2-3 years & plan to keep the accumulated amount as it is for next 5 years. I have some investments in equity shares(25%), SGB(25%) & FD's(50%) as well. Expecting to retire in next 6-7 years. Thanks
Ans: It's great to see you diversifying your investments through mutual funds. Let's review your portfolio and provide some guidance.

Starting with your SIPs, investing 5000 each in UTI Nifty 50 index fund, Parag Parikh flexicap, and Quant flexi cap offers a balanced approach across different market segments. These funds provide exposure to large-cap, flexi-cap, and multi-cap segments, respectively, allowing for diversification and potential growth opportunities.

Adding 3000 each in ICICI Midcap 150 index fund and Kotak large & midcap fund introduces exposure to mid-cap stocks, which have the potential for higher growth but also come with increased risk. Given your investment horizon of 2-3 years for SIPs and plans to keep the accumulated amount for the next 5 years, it's essential to monitor these funds closely, considering the market conditions and fund performance.

It's commendable that you have investments in equity shares, Sovereign Gold Bonds (SGBs), and fixed deposits (FDs) as well. This diversification helps spread risk and aligns with your retirement goals.

Considering your current age of 42 and the plan to retire in the next 6-7 years, it's crucial to regularly review and rebalance your portfolio to ensure it remains aligned with your financial objectives and risk tolerance.

As you approach retirement, consider gradually shifting your portfolio towards more conservative investments to protect your capital and generate stable income streams.

Overall, your mutual fund portfolio seems well-diversified, considering your investment horizon and retirement goals. However, it's advisable to periodically reassess your portfolio and make adjustments as needed based on changing market conditions and personal circumstances.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

...Read more

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

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