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Ans: Good morning,

Subtracting your expenses from income, your monthly surplus comes at around Rs. 65,000, which is a very good sum to start with. Currently, your company is covering your medical expenses, but post retirement this will increase. We don't know your current age, but we suggest your start by investing at least Rs. 20,000 - 30,000 in hybrid funds.

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Ans: Dear Krishna,

Thank you for reaching out with your queries. It's great to see that you have a diversified investment portfolio and are planning for your retirement. Based on your investments and goals, I have a few recommendations for you.

Regarding your mutual funds, it seems that you have a good mix of equity and debt funds. While I cannot make specific recommendations without a detailed analysis of your risk tolerance, investment horizon, and financial objectives, it is crucial to review the performance of your funds periodically. If any of your funds consistently underperform compared to their respective benchmarks or category peers, you may want to consider reallocating to better-performing funds.

In terms of your stock investments, while it's essential to maintain a diversified portfolio, it might be prudent to shift away from cyclical stocks like Vedanta and Hindustan Zinc. Cyclical stocks are often sensitive to economic fluctuations, and it's better to focus on stable, high-quality companies with a good growth potential for long-term investments, particularly as you approach retirement.

Once your LIC policy matures in 2025, I suggest reallocating the proceeds into more liquid investments that can provide stable returns. You could consider investing in debt mutual funds, fixed deposits, or even high-dividend-yielding stocks. These investments would help you maintain a balance between capital preservation and income generation during your retirement years.

As for the amount required for a comfortable retirement, this will depend on various factors, including your lifestyle, healthcare needs, and inflation. You may want to consider working with a financial planner to calculate the exact amount required based on your unique circumstances. However, based on your current assets and income of ₹75,000 per month, it seems that you are on track to achieving your retirement goal of ₹5 crores in the next 10 years.

Remember that it's important to periodically review and rebalance your investments to ensure that you remain on track to meet your financial goals.

Best regards,

Ans: Hello Krishna,

It's great to see that you've been actively investing and diversifying your investments across various asset classes. You have done a good job of creating a robust investment portfolio. Let's take a look at your current investment and assess whether you can achieve your goal of 5 crores in the next 10-12 years.

As of now, you have:

Mutual Funds (MF) - ₹20 lakhs
Indian Stocks - ₹5 lakhs
Fixed Deposits (FD) - ₹30 lakhs
Gold - ₹60 lakhs
EPF & PPF - ₹25 lakhs
Real estate investments (4 houses, 2 flats, and 4 plots)
In addition to this, you are investing ₹15,000 per month in MFs.

To estimate whether your current investments will help you reach your goal of ₹5 crores in the next 10-12 years, we need to consider factors like inflation, average returns, and your risk appetite.

Assuming you're investing in a well-diversified MF portfolio, it's reasonable to expect an annualized return of around 12% on your MF investments. Considering the same rate of return, your monthly investment of ₹15,000 could grow to approximately ₹33 lakhs in the next 10 years.

Based on historical returns, we can assume an annualized return of around 7% for your FDs, 12% for your stocks, and 8% for your gold investments. Your EPF and PPF investments might provide an average return of around 8%. However, real estate returns are harder to predict as they vary significantly depending on the location and market conditions.

Assuming average returns, your current investment could grow to approximately ₹3.5 crores in the next 10 years, excluding real estate. Including real estate returns is difficult due to the unpredictable nature of the market, but it could potentially help you reach closer to your ₹5 crores goal.

It is important to review and adjust your investment strategy periodically to ensure that you're on track to achieve your financial goals. You may want to consider increasing your monthly MF investments or reallocating your portfolio to achieve better returns. It's always a good idea to consult a professional financial advisor to discuss your financial plan and strategies tailored to your specific needs.

I hope this helps, and I wish you all the best in your financial journey!