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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Dec 06, 2022

Mutual Fund Expert... more
Priyanka Question by Priyanka on Dec 06, 2022Hindi
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I have following monthly investment of a total of Rs 15k which was started recently in Sep 2022. Can u confirm how much corpus will I generate in 10 years with these SIP investments? How much more do I need to invest additionally monthly to get 1 cr if the current SIP is not enough to reach the target? 

1. Parag parekh flexi 1k per month

2. Mirae asset large cap 2 k per month

3. Kotak emerging equity 2k per month

4. Hdfc small cap 2k per month

5. ICICI Blue Chip 2k per month

6. Motilal Oswal flexi cap – 6k per month        

Ans: Funds are decent and the corpus that can get created with above investment in 10 years is Rs 37 lakh therefore for a corpus of Rs 1 cr in 10 years, monthly investment of Rs 40000 / - or additionally Rs 25000 per month.

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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Sanjeev

Sanjeev Govila  |453 Answers  |Ask -

Financial Planner - Answered on Sep 20, 2023

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Hi Sanjeev, I am 43 years old. I have a monthly sip of 35k going on. I have started investing in mutual fund and sip from year 2013. Total mutual fund plus sip current market value is 1 core 9 lakhs . I plan to invest 35 k per month more for 7 to 8 years , when i want to leave job and do something else. Can you tell me what will be my corpus in 7 to 8 years down the line taking both current valution plus what i am going to continue investing?Also, i have another 1 corore total in other investment like Voluntary provident fund, Epf, ppf and esops from my company and pension fund . Here i do a monthly investment of around 80 k via mostly through company for tax savings. So what will be my total corpus after 7 to 8 yrs. Also, is it good for retirement considering my current monthly expense us 1 lakh.
Ans: It is really great to see that you have started to plan for your post-retirement life and you have accumulated ample amount till now.

If you continue in the same way with a monthly SIP of Rs. 80,000, I am convinced that you will have enough corpus to support yourself throughout retirement.

Accumulated corpus in 8 years with monthly investment of 80,000 and present value 1.09 Crore will likely be 4.12 Crores. Rate of return considered for the calculation is 12% CAGR.

Assuming that you want to maintain your current monthly expense of ₹1 lakh in retirement, it is important to factor in inflation, which will erode the value of your money over time.

Since you have other avenues as well to support your expenses, this will help to create a heftier corpus.

Recommendations:
• Invest in a mix of equity and debt mutual funds to diversify your portfolio and reduce risk.
• Rebalance your portfolio regularly to maintain your appropriate asset allocation as per your requirement.
• Consult with a financial advisor to develop a comprehensive retirement plan.
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Anu Krishna  |773 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Mar 29, 2024

Asked by Anonymous - Mar 28, 2024Hindi
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I am 65 years old and have history of sleeplessness and on tranquilizers. about two years back, it got so bad that one night I wanted to end it all. fortunately my wife was around and calmed me down. We saw a psychiatrist the next day and she put me on anti depressants. Since then I am sleeping well. But the fear is I feel I will not sleep without medication. Is it okay to take this medication life long. Is there a way I can go to sleep without medication like everybody else? allthough I am a diabetic my general health is good as I take part in endurance running and related activities.
Ans: Dear Anonymous,
You need medicines to sleep and now you worry that without that you worry that you won't sleep. That's how these medicines can be...make you dependent on them...
The better choice will be to grow out of them...any kind of dependence of anything or anyone is never healthy.
Speak with your doctor and state that you do not want to be dependent on medicines for something as natural as sleep...He/She will suggest ways to wean you off from the medicines and also hoping that they put you on some holistic treatment like meditation or other any alternative therapies that are known to eliminate the source of sleeplessness in you.
Be patient with this line of treatment as it will take time to identify the root of the problem but once it is found, it becomes easy to treat it once and for all hopefully taking you off medicines fully someday.
Kindly explore this option as this will help you to take charge of your life and sleep as well.

All the best!
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Anu Krishna  |773 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Mar 29, 2024

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my husband died when my son is12.5yrs. he was fond ofcricket and after my sons birth he trained him my son is now 15 he is spineer and play verywell. secondly after my son sbirth he always with my son because he left job and taken vrs. i m single mother now. my son didnot cry cry when he dead nor whenever i talked withhim he didnot want to discuss about him . he irritate. and never from his side he talked about his papa. why i didnot understand. and what to do so that he will talk about his papa. iknow he has verygood memories with him he alawys pamper my son when he was alive. suggest what to do
Ans: Dear Shobha,
I am truly sorry for your loss...Loss of a loved one is one of the toughest phases in anyone's life!
Also, you must understand that each of us have a different way of dealing and coping with loss. Your son possibly feels more comfortable masking his sadness and not talking about how much he misses having his father around. Since you say that he has good memories of his father, spend time with him not discussing his father but actually playing on those memories and keeping those happy memories alive. Since, they bonded over cricket, talk more about that with him and how his father would have been proud of him now. Someday, when he is ready to talk about his father, he will...give him time and replay the good times as a family and especially cricket with his father.
The only time you need to be concerned is when he starts to show any signs of withdrawal from life in general...since you haven't mentioned this, I assume that your son is fine and is just not willing to discuss his father. Let him be...each of us process grief differently. Just bond with him as a caring mother that you are...that will keep him safe and stable.

All the best!
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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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