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Ramalingam

Ramalingam Kalirajan2170 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 01, 2024

Asked on - Apr 30, 2024Hindi

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Hi Sir, Is it good to have bhandan small cap fund and quant small cap fund sip of 12k each per month for my two daughters education for a period of 12-13 years Any further addition required here . Or extra step up sip required. Both my girls are 5 months old now. Note: i have the notion that i wont spend too much money on any donation schemes for education foe my daughters for college[so mostly Doctor studies is ruled out] so only engineering/CA kind of studies is what i can afford . Regards Sai
Ans: It's heartening to see your dedication to securing your daughters' future. Starting SIPs for their education at such a young age reflects your foresight and commitment as a parent.

Investing in Bhandan Small Cap Fund and Quant Small Cap Fund SIPs for their education is a thoughtful choice. But let's ponder: are these investments sufficient to cover the rising costs of higher education? Considering inflation and evolving educational landscapes, would a step-up SIP or additional investments be prudent?

As you envision their academic journey, it's essential to ensure financial preparedness without compromising on your principles. By consulting a Certified Financial Planner, you can chart a path that aligns with your aspirations and financial capabilities.

Your decision not to rely on donation schemes for their education is admirable. It reflects your belief in the value of hard work and diligence, qualities you undoubtedly wish to instill in your daughters.

Embrace this journey with confidence and optimism, knowing that every rupee invested today is a step towards a brighter tomorrow for your daughters.
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Ramalingam

Ramalingam Kalirajan2170 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 29, 2024

Asked on - Apr 28, 2024Hindi

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Sir what are the best thematic mutual funds giving high returns . Can you share a few. I just found icici infra structure fund . Similarly can you suggest any thematic funds giving high returns onky for lumpsum investment for 3to 5 years tome frame
Ans: Naveen,

It's wonderful to see your proactive approach towards exploring thematic mutual funds for potential high returns. Thematic funds can indeed be enticing with their focus on specific sectors like infrastructure, technology, or healthcare. While thematic funds have the potential for high returns, they also come with increased risk due to their concentrated exposure.

Have you considered the risks associated with investing in thematic funds? As these funds are heavily dependent on the performance of a particular sector, fluctuations in that sector could significantly impact your investment. To mitigate risk and ensure a more balanced portfolio, it might be beneficial to diversify your investments across different sectors by considering diversified active equity funds.

Certified Financial Planners often recommend a diversified approach to investing as it helps in spreading the risk and capturing opportunities across various sectors. By opting for diversified funds, you can benefit from the growth potential of multiple sectors while managing the inherent risks associated with thematic funds.

It's essential to align your investment choices with your financial goals and risk tolerance. Before making any investment decisions, I encourage you to consult with a Certified Financial Planner who can provide personalized guidance based on your unique circumstances.

Invest wisely, stay diversified, and may your financial journey be filled with growth and stability.
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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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