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Ramalingam Kalirajan |623 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Feb 11, 2023

Ramalingam Kalirajan has over 23 years of experience in mutual funds and financial planning.
He has an MBA in finance from the University of Madras and is a certified financial planner.
He is the director and chief financial planner at Holistic Investment, a Chennai-based firm that offers financial planning and wealth management advice.... more

Question by Prasanna on Feb 10, 2023Hindi

Money

7:54 PM Good evening Sir. I want to create a corpus of Rs 2 crore for my family in next 10 years. Could you please suggest some good mutual funds that will help me realise my dreams? Thank you.

Ans: Hi, 10 years is a long term. You can invest in diversified equity funds. You can invest via lump sum and SIP. Though it can give you negative returns in the short run, it will give you inflation beating returns in the long run.

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

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I want to create a corpus of 10 lakh in the next 6 – 7 years for my child's education. I can invest around 10 thousand monthly. Could you please suggest which mutual funds are advisable to achieve this target?

Ans: You may consider below funds, Rs. 2500 in each:

Parag Parikh Flexi Cap Fund- Growth
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Question by Maharishi - Jun 08, 2021Hindi

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I am 39 years old and want to build a corpus of 2 crore in the next 10 years. Currently investing 60K monthly in the following plans. Plan to increase this to 70-75K monthly, so pls do suggest some good funds Mirae Asset Healthcare Fund - Direct Plan (G) - ₹2500 Kotak Small Cap Fund - Direct Plan (G) - 2500 UTI Flexi Cap Fund - Direct Plan (G) - 2500 Parag Parikh Flexi Cap Fund - Direct Plan (G) - 5000 DSP Mid Cap Fund - Direct Plan (G) - 2500 Axis Focused 25 Fund - Direct Plan (G) - 2500 JM Tax Gain Fund - Direct Plan (G) - 2500 Quant Tax Plan - Direct Plan (G) - 5000 Axis Bluechip Fund - Direct Plan (G) - 2500 Motilal Oswal Focused 25 Fund - Direct Plan (G) - 2500

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Question by sumit - Oct 06, 2022Hindi

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I am 35 years old. I want to build a corpus of 1-2 crore over a period of next 20 years. I'm ready to invest 15000 per month. Could you please suggest some mf where I could invest and reach my goals? Which all the below funds will do. Large Cap funds: Axis Bluechip Fund Canara Robeco Bluechip Equity Fund Small Cap funds: Axis small cap Sbi Small Cap fund Nippon India Small Cap Index Fund HDFC Index S&P BSE Sensex Fund UTI Nifty 50 Index Fund Mid Cap PGIM India Midcap Opportunities Fund Axis mid cap fund

Ans: Hi Sumit. It appears that you have conducted thorough research on the mutual fund market. All schemes are finely selected. While creating your portfolio, I would suggest AMC diversification along with category diversification.

As an additional recommendation, I recommend adding on yearly sip amounts in order to attain your goal as soon as possible.

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Asked by Anonymous - Dec 27, 2023Hindi

Money

Hello Sir, I am aged 45 years now and want to create corpus. I have approx 50000/- INR per month as my savings. Please recommend good mutual funds which can grow my corpus for my retirement and children's higher education. Thank you.

Ans: With a monthly savings of 50,000 INR, you have a substantial amount to invest in mutual funds for both your retirement and your children's education. Here's a diversified portfolio you could consider:

Large Cap Funds: Invest around 30% of your savings in large-cap funds for stability and steady growth. These funds invest in established companies with a track record of performance.

Multi-Cap Funds: Allocate 30% of your savings to multi-cap funds, which offer exposure to companies of various sizes and sectors. These funds provide flexibility and potential for higher returns.

Mid Cap Funds: Dedicate 20% of your savings to mid-cap funds for potential high growth. These funds invest in medium-sized companies with growth potential.

Small Cap Funds: Allocate 10% of your savings to small-cap funds for aggressive growth potential. These funds invest in small-sized companies with high growth prospects.

Balanced/Hybrid Funds: Invest the remaining 10% in balanced or hybrid funds for diversification and stability. These funds invest in a mix of equities and debt instruments.

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Question by Sri - Jan 25, 2024Hindi

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Hello sir, my monthly income is 7,00,000, i an invest around 4,00,000 every month in mutual funds. Looking to create a corpus of 30 cr in 20 years. Kindly suggest me some funds

Ans: I will not be able to suggest any fund or investment avenue as the provided information is not sufficient to ascertain the holistic financial view.

For a better future financial planning, there are various factors which are required to be considered such as Risk appetite, current financial situation, upcoming requirements and goals etc. It is advisable to consult a good financial advisor to tailor a strategy specific to your circumstances.

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Question by Satwick - Jun 11, 2023Hindi

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Pls Analyse my Investment Portfolio.... 1) Quant Active Fund 8500/mnt 2) Canara Robecco Large and Midcap Fund 5500/mnt 3) PGIM Mid cap Fund 5500/mnt 4) Mirae Asset ELSS Fund 5500/mnt..... All funds are Direct and Growth I don't pay much taxes thus I'm investing lesser amount in ELSS funds.... I'm planning to increase my ELSS investment as my Income Grows..... Pls Analyse....Tysm

Ans: Your investment portfolio is well-diversified across different mutual fund categories, covering active funds, large & mid-cap, mid-cap, and ELSS. Here's a brief analysis:

Suggestions:

ELSS Investment: As you plan to increase ELSS investment with growing income, it's a good strategy for tax-saving and wealth creation. However, ensure you don't concentrate too much on tax-saving at the cost of diversification.
Risk Assessment: Review your risk tolerance, especially with mid-cap and active funds that can be more volatile.
Regular Monitoring: Keep track of fund performances and market conditions. Consider rebalancing your portfolio if needed to maintain desired asset allocation.
Consult a Financial Advisor: A professional can help you fine-tune your portfolio based on your financial goals, risk tolerance, and market outlook.
Overall, your portfolio seems balanced with a mix of growth-oriented and tax-saving investments. Regular reviews and adjustments will help you stay on track towards your financial goals.

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Question by Parveen - Jun 08, 2023Hindi

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Hi my age is 46, my monthly salary is 4L. I would like to create a corpus, which can give 2L per month from the age of 60 onwards. Please suggest suitable investment options

Ans: To create a corpus that provides 2L per month from age 60 onwards, you have 14 years to accumulate the required amount. Here are suitable investment options:

Equity Mutual Funds: Invest in diversified equity funds for potential higher returns over the long term. Opt for a mix of large-cap, mid-cap, and multi-cap funds.
Debt Mutual Funds: Allocate a portion to debt funds for stability and regular income. Consider short-term or corporate bond funds.
PPF (Public Provident Fund): A long-term investment with tax benefits and decent returns, suitable for retirement planning.
NPS (National Pension System): A voluntary retirement savings scheme offering market-linked returns with tax benefits.
Real Estate: Consider investing in real estate for rental income and capital appreciation, but ensure it aligns with your risk tolerance.
Direct Equity: Invest in blue-chip stocks or dividend-paying companies for regular dividends and potential capital appreciation.
Systematic Investment Plans (SIPs): Implement SIPs in mutual funds for disciplined investing and rupee-cost averaging.
Regularly review your investments and adjust the portfolio as needed to stay on track towards your retirement goal. Consult a financial advisor to create a personalized retirement plan tailored to your needs and risk profile.

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Mutual Funds, Financial Planning Expert - Answered on Apr 20, 2024

Question by Pratap - Jun 07, 2023Hindi

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I have invested in various Mutual funds since 2019. Now I have got decent profit (XIRR 15%). These are old investment and SIPs have been stopped. Market is at all time high, is it right time to redeem my investment or wait ?

Ans: Given the current market scenario with all-time high levels, it's natural to evaluate your investments. While you've achieved a decent XIRR of 15%, consider a few points before making a decision:

Financial Goals: Revisit your financial goals. If you've achieved or are close to achieving your goals, it might be a good time to redeem some investments.
Tax Implications: If the investments are held for less than 3 years, short-term capital gains tax will apply. Consider the tax implications before redeeming.
Market Timing: Timing the market is challenging. If you're unsure about market movements, consider a phased exit rather than redeeming all at once.
Reinvestment: If you redeem, decide on reinvesting the proceeds wisely, possibly in a staggered manner or into other investment avenues aligned with your goals.
Professional Advice: Consult a financial advisor to assess your portfolio, risk tolerance, and market outlook before making any decisions.
Remember, staying invested for the long term often yields better results than trying to time the market.

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Question by Jagan - Jun 06, 2023Hindi

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Hello sir My name is Jagan charak .Me and my wife together earns Rs 210000. My Investment is as SBI Contra Direct Growth -20000 kotak flexi cap fund -11000 Canera robeco emerging equities-10000 Mirae asset tex saver fund -15000 Axis Mid cap fund -10000 Gpf subscription -35000 Is it ok with these funds .please guide

Ans: Your portfolio shows a good mix of mutual fund categories, providing diversification across different market segments. Ensure that the allocation aligns with your risk tolerance as some funds may carry higher risks. Consider periodically reviewing and rebalancing your portfolio to maintain the desired asset allocation. It's essential to monitor the performance of your investments and make adjustments as needed. Consulting a financial advisor can help you optimize your portfolio based on your financial goals and risk profile.

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Question by Pawan - May 30, 2023Hindi

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My name is Pawan, I will retire after 10 year, I need corpus 1 cr. How much amount, I have to invest every month in MF. and suggest list of mutual funds.

Ans: To achieve a corpus of 1 crore in 10 years, you'll need a disciplined monthly SIP investment. Assuming an average annual return of around 10%, you might need to invest approximately Rs. 50,000 to Rs. 55,000 per month in mutual funds.

For mutual fund selection:

Large-cap Funds: Offer stability and consistent returns.
Mid-cap Funds: Higher growth potential but with increased risk.
Diversified Equity Funds: Provide a mix of large and mid-cap stocks for balanced growth.
Balanced Funds: Combine equity and debt for stable returns with moderate risk.
Consider consulting a financial advisor to help select the right mutual funds based on your risk tolerance, investment horizon, and financial goals.

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Ramalingam Kalirajan |623 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 20, 2024

Question by Anonymous - May 24, 2023Hindi

Money

My PF corpus is around 1.35 Cr and have no other liabilities in terms of loans etc. How much money shall I keep for my retirement?

Ans: Determining the amount needed for retirement depends on various factors like your desired lifestyle, expected inflation, and life expectancy. A common approach is the 80% rule, which suggests aiming for a retirement corpus that's 80% of your final annual salary to maintain your lifestyle post-retirement.

Given your PF corpus of 1.35 Cr and assuming a final annual salary as a reference, you can estimate your retirement needs. Also, consider other sources of income like rental income or dividends that might contribute to your retirement income. Consulting a financial advisor can provide a more accurate estimate tailored to your individual circumstances.

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Ramalingam Kalirajan |623 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 20, 2024

Asked by Anonymous - May 19, 2023Hindi

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I have about 4 lakhs from a property I sold.I just donot know where to invest this amount as it is very little for a property and I have never ventured into MFs and Share market.I just want good returns I mean little better than FDs in a period of 2 years or so...

Ans: For a 2-year investment horizon with a goal of better returns than FDs, consider these options:

Debt Mutual Funds: Opt for short-term debt funds or corporate bond funds. These offer potentially higher returns than FDs with relatively lower risk.
Liquid Funds: If you need flexibility, liquid funds can provide better returns than savings accounts with the advantage of quick withdrawals.
Fixed Maturity Plans (FMPs): These are close-ended debt funds with fixed tenures, providing predictable returns over 2 years.
Balanced Advantage Funds: These dynamically manage equity and debt exposure based on market conditions, aiming for stable returns with lower volatility.
Before investing, assess your risk tolerance and consult a financial advisor to choose the right investment avenue that aligns with your financial goals and risk profile.

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Ramalingam Kalirajan |623 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 20, 2024

Question by VENUGOPALA - May 11, 2023Hindi

Money

Where to invest for good monthly returns of Retirement Corpus around 50 lacs,

Ans: For generating monthly returns from a retirement corpus of around 50 lakhs, consider a balanced approach:

Dividend Yield Funds: Invest in mutual funds that focus on dividend-paying stocks, aiming for regular income.
Systematic Withdrawal Plan (SWP): Opt for SWP from debt funds or a combination of equity and debt funds to withdraw a fixed amount monthly.
Senior Citizen Savings Scheme (SCSS): For a portion of your corpus, SCSS offers quarterly interest payouts with a decent interest rate, suitable for regular income needs.
Fixed Deposits: Invest a part in FDs with monthly or quarterly interest payouts.
Diversify across these options to balance risk and generate regular income for your retirement. Regularly review to adjust to changing needs and market conditions.

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Ramalingam Kalirajan |623 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 20, 2024

Question by Kapish - Apr 29, 2023Hindi

Money

Dear Anil ji, I am 41 year old working professional and i have two kids age 7 and 2 year respectively. I want to keep aside 20 Lac for each of them, so money multiply around 2-3 times, when they grow up and require for higher education and marriage due expense initiating in 10-12 years from now. Importanly i dont want to pay yearly tax on the interest it generates as already i am in 30% slab , A one go long term capital gain will be ok .. Kindly suggest 2-3 options to consider .You may consider my risk appetite as low to medium.

Ans: Considering your low to medium risk appetite and tax concerns, here are some options to grow the 20 Lac corpus for each child over 10-12 years:

Equity Mutual Funds: Opt for balanced funds or hybrid equity funds that invest in a mix of equity and debt. These funds aim for capital appreciation with some stability from debt allocation.
Debt Mutual Funds: Choose debt funds that invest in high-quality corporate bonds or government securities. They offer better post-tax returns than traditional FDs and are more tax-efficient for investors in higher tax brackets.
Sukanya Samriddhi Yojana (SSY): For the younger child, SSY can be a good option with tax-free returns and attractive interest rates, specifically designed for girl child's education and marriage needs.
These options aim to provide growth while considering your risk profile and tax concerns. Regularly review and rebalance your investments to align with your goals and changing market conditions.

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Ramalingam Kalirajan |623 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 20, 2024

Asked by Anonymous - Apr 18, 2023Hindi

Money

Hi Anil, I am 42 years old and want to have a retirement corpus from which I can earn a monthly return of Rs 2 lakhs. I have assets - Property + Savings worth 1 Crore currently. Can you please suggest the Mutual Funds/Stocks/Other assets to invest to real my retirement corpus in 15 years.

Ans: To achieve a retirement corpus that provides a monthly return of Rs 2 lakhs in 15 years, you'll need a combination of growth-oriented investments.

Equity Investments: Allocate a significant portion to diversified equity mutual funds or direct stocks for potential capital appreciation.
Real Estate: Since you already own property, consider additional real estate investments for rental income and capital appreciation.
Debt Instruments: To balance risk, invest in debt mutual funds or fixed deposits for stability and regular income.
Systematic Investing: Implement SIPs in equity funds to benefit from rupee-cost averaging and compounding.
Regular Monitoring: Periodically review and adjust your portfolio to ensure it aligns with your retirement goal and risk tolerance.
Diversification and consistent investment are key to building a substantial retirement corpus.

(more)

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

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