I am 37 from Ghaziabad. I am an HR professional.I had liabilities due to some losses I faced during Covid that I had to pay in the next 3 years. 

I am currently looking to invest some amount to create my portfolio. As of now my only SIP is running which is 1k in Axis Blue Chipfund - Direct Growth from the past 11 months. 

I need to create wealth for my daughter's education / marriage / my retirement approx 3-4 crore minimum.

Please suggest what investments I can do and how much amount I should invest for now to create a good portfolio down the line 15 years I should not regret. Also please share the funds or invest plan names for long term with great benefits or returns and tax can also be saved in maturity amount.

Please let me know if any more information is required

Ans: Hello Amandeep. I understand you have multiple goals for the next decade. If you want to build a corpus of 3-4 Cr, it's advisable to start investing in sips more and more. Say a monthly sum of approximately Rs.44000 sips.

You can add on some funds annually to reach to sip investments to 44 k. Kindly find below suggested schemes that may accomplish your future goals.

• SBI Small Cap Fund
• Nippon India Growth Fund
• PGIM India Flexi cap Fund
• Canara Robeco Emerging Equities Fund
• Mirae Asset Tax Saver Fund- contains lock in period

Ans: You may consider a basket of below funds:

Uti Flexi Cap Fund-regular -growth

Axis Esg Equity Fund -Growth

Kotak Business Cycle Fund-growth

Samco Flexi Cap Fund - Growth

To create a corpus of 3.5 crs in 15 years the monthly investment that is required is Rs. 60000/- 

Ans: It's commendable that you're thinking ahead and planning for your family's future. Here are some tailored suggestions for your financial goals:

For Daughter's Education:
Short-Term (0-5 Years): Consider investing in debt mutual funds or fixed deposits to ensure capital preservation for your daughter's near-term education expenses.
Long-Term (5+ Years): Since your daughter's education is a long-term goal, you can invest in a mix of equity mutual funds with a focus on growth. Look for diversified funds that offer exposure to large-cap, mid-cap, and flexi-cap segments.
For Daughter's Marriage:
Medium to Long-Term (5-15 Years): To accumulate funds for your daughter's marriage, you can allocate a portion of your investments to equity mutual funds with a longer investment horizon. Opt for a combination of large-cap and flexi-cap funds for stability and growth potential.
For Retirement:
Long-Term (12+ Years): As you have a pensionable job, your retirement corpus can supplement your pension income. Invest in a diversified portfolio of equity mutual funds along with a portion allocated to debt funds for stability. Aim for a balanced approach that accounts for both growth and capital preservation.
Fund Selection:
Equity Funds: Look for well-established funds with a consistent track record of performance and a focus on long-term wealth creation. Consider funds with a proven investment strategy and experienced fund managers.
Debt Funds: Choose debt funds that offer a blend of safety and returns suitable for your short-term goals. Opt for funds with a low credit risk and a moderate duration profile.
Balanced Funds: Consider allocating a portion of your investments to balanced funds, which offer a mix of equity and debt exposure. These funds provide diversification and stability to your portfolio.
Risk Management:
Review Regularly: Periodically review your investment portfolio to ensure it remains aligned with your financial goals and risk tolerance. Make adjustments as needed based on changes in your circumstances or market conditions.
Stay Informed: Stay updated on market trends, economic developments, and investment opportunities. Knowledge empowers you to make informed decisions and navigate financial markets effectively.
Consultation:
Seek Professional Advice: Consider consulting with a certified financial planner to develop a personalized financial plan tailored to your specific needs and objectives. A professional advisor can provide valuable insights and guidance to help you achieve your financial goals effectively.
By following these recommendations and staying disciplined in your investment approach, you can work towards securing a bright and financially stable future for yourself and your family.

Ans: Crafting a Comprehensive Wealth-Building Strategy
Karthikeyan, it's great that you're planning for your children's education, additional backup, and retirement. This forward-thinking approach will help secure your family's future. Let’s structure your investments to achieve your goals effectively.

Goal 1: Child Education - Rs. 1 Crore After 10 Years
Investment Strategy
To accumulate Rs. 1 crore for your children's education in 10 years, consider an aggressive investment approach. Equity mutual funds are suitable for long-term goals due to their potential for high returns.

Recommended Fund Types
Large Cap Funds: These funds invest in well-established companies with a proven track record.

Mid Cap Funds: These funds offer a balance between risk and return, investing in companies with high growth potential.

Multi Cap Funds: These funds diversify across different market capitalizations, reducing risk while aiming for growth.

Suggested Allocation
Large Cap Funds: 40%
Mid Cap Funds: 30%
Multi Cap Funds: 30%
Goal 2: Additional Backup Amount - Rs. 1 Crore After 15 Years
Investment Strategy
For your additional backup fund, a slightly balanced approach is suitable. Combining equity and debt funds can help achieve this goal with moderate risk.

Recommended Fund Types
Balanced Advantage Funds: These dynamically manage the allocation between equity and debt based on market conditions.

Hybrid Funds: These funds invest in both equity and debt, providing balanced risk and return.

Aggressive Hybrid Funds: These have a higher equity component, offering potential for higher returns.

Suggested Allocation
Balanced Advantage Funds: 40%
Hybrid Funds: 30%
Aggressive Hybrid Funds: 30%
Goal 3: Retirement Plan - Monthly Return of Rs. 25,000 at Age 55
Investment Strategy
To generate a monthly return of Rs. 25,000 at age 55, you need a mix of growth and stability. Systematic Withdrawal Plans (SWP) from mutual funds can provide regular income during retirement.

Recommended Fund Types
Debt Funds: These provide stability and regular income.

Hybrid Funds: These balance growth and income needs.

Equity Income Funds: These generate dividends and offer potential for capital appreciation.

Suggested Allocation
Debt Funds: 50%
Hybrid Funds: 30%
Equity Income Funds: 20%
Monthly Investment Plan
To achieve your goals, consistent monthly investments are crucial. Here’s a structured plan:

Child Education
Assuming an average annual return of 12%, you need to invest around Rs. 50,000 per month in the suggested equity funds.

Additional Backup
Assuming an average annual return of 10%, you need to invest around Rs. 25,000 per month in the suggested balanced funds.

Retirement Corpus
Assuming an average annual return of 8%, you need to invest around Rs. 15,000 per month in the suggested funds.

Reviewing and Rebalancing
Regularly review your portfolio to ensure it aligns with your goals. Rebalance annually to maintain your desired asset allocation.

Conclusion
Karthikeyan, your dedication to planning for your family's future is admirable. By following this structured investment strategy, you can achieve your financial goals with confidence. Keep track of your investments, stay disciplined, and adjust as needed.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Ans: You own a house and a property worth Rs 28 lakh. These are valuable assets. Your income is Rs 33,000 per month. You need to plan for your children’s education, daughter’s marriage, and retirement. Start step by step.

Build an Emergency Fund
Set aside 3–6 months of expenses for emergencies. Begin small with Rs 3,000–5,000 monthly savings. Use a bank savings account or liquid mutual fund. This fund provides security in tough times.

Secure Your Family with Term Insurance
Buy a term insurance policy for at least Rs 50 lakh. This protects your family financially in your absence. Premiums are affordable and provide peace of mind.

Health Insurance is Essential
Buy a family floater health insurance plan. Ensure coverage of at least Rs 10 lakh. This protects against medical expenses and reduces financial strain.

Create a Monthly Budget
Track your monthly expenses and income. Allocate a portion to savings and investments. Prioritise essential expenses over luxuries.

Plan for Children’s Education
Start investing for your children’s higher education. Open a recurring deposit or invest in a child-specific mutual fund plan. Begin with small contributions and increase them gradually.

Plan for Daughter’s Marriage
Allocate a portion of the Rs 28 lakh property for this goal. You can sell it in the future when needed. Start a small savings plan to support this goal as well.

Start Investing in Mutual Funds
Invest in mutual funds for long-term goals like retirement. Begin with Rs 2,000–3,000 per month. Choose diversified or balanced funds for steady growth.

Sell the Gifted Property Strategically
Keep the property for now unless urgent funds are required. Use its value as a backup for future needs like education or marriage.

Focus on Retirement Planning
You must plan for retirement as a priority. Start a Public Provident Fund (PPF) account for tax-free savings. Consider investing in mutual funds for long-term growth.

Benefits of Regular Funds and CFP Guidance
Investing through regular funds provides professional advice. Certified Financial Planners guide you with tailored strategies. They align your investments with your goals.

Avoid Direct and Index Funds
Direct funds lack professional guidance. Index funds only mirror the market and may underperform actively managed funds. Actively managed funds offer higher growth potential with expert management.

Monitor Tax Implications
Equity mutual funds’ LTCG above Rs 1.25 lakh is taxed at 12.5%. STCG is taxed at 20%. Plan your withdrawals strategically to minimise taxes.

Teach Financial Discipline
Educate your children about savings and budgeting. Encourage them to value money and save wisely.

Finally
Focus on one goal at a time. Build an emergency fund first. Secure your family with insurance. Start investing small amounts for long-term goals. Seek guidance from a Certified Financial Planner for better results.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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