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Ramalingam

Ramalingam Kalirajan  |8500 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 09, 2024

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
Asked by Anonymous - Apr 08, 2024Hindi
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I am going to retire on 01.11.2024 and i will be receiving 25 lacs as my retirement fund. Please suggest where should i invest and how monthly amount i will received.

Ans: Congratulations on your upcoming retirement! It's an exciting milestone, and careful planning can make it even more fulfilling.

With a retirement fund of 25 lakhs, you have a good starting point for your post-retirement financial journey.

To ensure a steady income stream, consider investing a portion of your retirement corpus in a mix of conservative investment options such as fixed deposits, senior citizen savings scheme, and debt mutual funds.

These options offer relatively stable returns with lower risk, ideal for generating regular income during retirement.

Allocate another portion towards equity mutual funds, which have the potential for higher returns over the long term. While they carry more risk, they can help your retirement corpus grow to combat inflation and sustain your lifestyle.

Consulting with a Certified Financial Planner can help tailor an investment strategy that aligns with your risk tolerance, financial goals, and retirement timeline.

As for calculating your monthly income, it depends on various factors such as the returns generated by your investments, withdrawal strategy, and inflation rate.

A common approach is the systematic withdrawal plan (SWP), where you withdraw a fixed amount regularly from your investments. The SWP amount can be adjusted annually based on your financial needs and investment performance.

Ensure your investment strategy provides enough liquidity to cover your monthly expenses while also preserving your capital for the future.

Retirement is a new chapter in your life, filled with opportunities to pursue your passions and dreams. With careful planning and smart investment decisions, you can enjoy a financially secure and fulfilling retirement journey.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
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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Ramalingam

Ramalingam Kalirajan  |8500 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 04, 2024

Asked by Anonymous - Jan 03, 2024Hindi
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Hi I am retiring in one year want to invest 25 lacs. Which are best safe and best returns options
Ans: Since you're retiring soon and looking for safe investment options with potentially good returns, here are some options to consider:
Senior Citizen Savings Scheme (SCSS): SCSS is a government-backed savings scheme for individuals above 60 years of age. It offers quarterly interest payouts and has a tenure of 5 years, which can be extended once for an additional 3 years.

Post Office Monthly Income Scheme (POMIS): POMIS is a low-risk investment option offered by India Post. It provides monthly interest payments and has a maturity period of 5 years.

Bank Fixed Deposits (FDs): FDs are a popular choice for conservative investors. Look for banks offering competitive interest rates and consider opting for cumulative or non-cumulative FDs based on your income needs.

Debt Mutual Funds: Debt mutual funds invest in fixed-income securities such as government bonds, corporate bonds, and money market instruments. They offer relatively higher returns than traditional fixed-income options like FDs and are tax-efficient for investors in higher tax brackets.

Systematic Withdrawal Plan (SWP): If you prefer investing in mutual funds, you can consider setting up an SWP to generate regular income from your investment while staying invested in the market.

Assess your risk tolerance, investment horizon, and income requirements before finalizing your investment strategy. Consider consulting with a financial advisor to create a customized retirement plan that aligns with your financial goals and needs.

..Read more

Ramalingam

Ramalingam Kalirajan  |8500 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 27, 2024

Asked by Anonymous - Feb 11, 2024Hindi
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I am 59 retired with corpus of ?.40 lacs with no retirement pension. Medical insurance sum insurance is ?.5 lacs and no family or financial commitment. To get ?.25k per month, please suggest where to invest. I estimate to live for next 20 years.
Ans: Given your retirement status and financial situation, securing a monthly income of 25,000 INR for the next 20 years requires a carefully crafted plan. Let's explore some options:

Systematic Withdrawal Plan (SWP): Consider investing a portion of your corpus in balanced mutual funds or debt funds and initiate an SWP. This allows you to systematically withdraw a fixed amount each month while potentially preserving your capital.
Senior Citizen Saving Scheme (SCSS): Invest a portion of your corpus in SCSS, offering stable returns and tax benefits for retirees. It provides regular interest payouts, ensuring a steady income stream.
Annuity Plans: Explore annuity plans offered by insurance companies. An annuity plan converts a lump sum into a regular income for a specified period, providing financial security during retirement.
Fixed Deposits (FDs): Invest in FDs with banks or post offices, providing stable returns and liquidity. Consider laddering FDs with varying maturities to optimize returns and access funds as needed.
Dividend-Paying Stocks or Mutual Funds: Invest in dividend-paying stocks or mutual funds, which provide regular income through dividend payouts. Ensure the investments align with your risk tolerance and financial goals.
Real Estate Investment Trusts (REITs): Consider investing in REITs, which offer rental income from commercial properties. However, be mindful of the associated risks and liquidity constraints.
It's essential to strike a balance between growth and stability while ensuring your income needs are met throughout retirement. Consulting with a Certified Financial Planner can provide personalized guidance tailored to your specific requirements and aspirations.

Your dedication to securing your financial future is commendable, and with careful planning, you can enjoy a comfortable retirement with peace of mind.

..Read more

Ramalingam

Ramalingam Kalirajan  |8500 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 11, 2024

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I am 36 years old. i want to invest rs. 7500 per month for 12 years to get per month rs. 20 thousand as a pension scheme. can you give me a suggestion where should i invest?
Ans: Your aspiration for a pension scheme is commendable, and it's wise to plan for your future financial security at an early age. Considering your age and investment horizon of 12 years, let's explore suitable options to achieve your goal.

Given your preference for a monthly pension of Rs. 20,000, you would need to accumulate a significant corpus over the investment period to ensure a sustainable income stream post-retirement.

While traditional pension plans and annuities offer guaranteed income, they may not provide optimal returns considering inflation and taxation. Additionally, they often lack flexibility and liquidity.

Instead, you may consider investing in a combination of mutual funds and other growth-oriented assets to build a substantial corpus over time. Equity-oriented mutual funds have historically delivered higher returns compared to traditional investment avenues, making them suitable for long-term wealth creation.

You can allocate a portion of your monthly investment towards equity mutual funds, which offer the potential for capital appreciation over the long term. To mitigate risk, diversify your portfolio across large-cap, mid-cap, and multi-cap funds based on your risk tolerance and investment objectives.

Simultaneously, consider investing in debt mutual funds or fixed-income instruments to provide stability and generate regular income post-retirement. These investments can serve as a source of passive income to supplement your pension.

Moreover, systematic investment planning (SIP) allows you to invest a fixed amount regularly, ensuring discipline and consistency in your investment approach. By staying invested over the long term and leveraging the power of compounding, you can potentially achieve your desired pension goal.

However, it's crucial to periodically review your investment strategy and make necessary adjustments based on changing market conditions and your evolving financial goals.

In conclusion, by adopting a diversified investment approach tailored to your risk profile and investment horizon, you can work towards realizing your goal of a monthly pension of Rs. 20,000. Consider consulting with a Certified Financial Planner for personalized advice and guidance to optimize your investment strategy.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |8500 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 31, 2024

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Hello sir, I want to invest 20 lacs. Where can i investment all of this amounts to get maximum benefit return in 3 to 5 years??
Ans: Investment Options for Rs. 20 Lakhs
Equity Mutual Funds
1. Diversified Equity Funds

Overview: Invest in large, mid, and small-cap stocks.
Benefit: Potential for high returns over 3-5 years.
Recommendation: Invest Rs. 10 lakhs for growth.
2. Sectoral/Thematic Funds

Overview: Focus on specific sectors like technology or healthcare.
Benefit: High growth potential but with higher risk.
Recommendation: Invest Rs. 3 lakhs for diversification.
Debt Mutual Funds
1. Short-Term Debt Funds

Overview: Invest in short-duration bonds and securities.
Benefit: Lower risk with steady returns.
Recommendation: Invest Rs. 2 lakhs for stability.
2. Corporate Bond Funds

Overview: Invest in high-rated corporate bonds.
Benefit: Higher returns compared to bank FDs with moderate risk.
Recommendation: Invest Rs. 2 lakhs for moderate growth.
Hybrid Funds
1. Balanced Advantage Funds

Overview: Mix of equity and debt to balance risk and return.
Benefit: Adjusts exposure based on market conditions.
Recommendation: Invest Rs. 3 lakhs for balanced growth.
2. Dynamic Asset Allocation Funds

Overview: Flexible allocation between equity and debt.
Benefit: Aims to optimize returns while managing risk.
Recommendation: Invest Rs. 2 lakhs for flexible strategy.
Gold
1. Sovereign Gold Bonds (SGB)

Overview: Government bonds linked to gold prices.
Benefit: Earns interest along with capital appreciation.
Recommendation: Invest Rs. 2 lakhs for diversification and safety.
Tax Planning
1. ELSS (Equity Linked Savings Scheme)

Overview: Tax-saving mutual funds with a 3-year lock-in period.
Benefit: Tax benefits under Section 80C and potential for high returns.
Recommendation: Invest Rs. 1 lakh for tax savings and growth.
Systematic Investment Plan (SIP)
1. SIP in Equity Mutual Funds

Overview: Invest a fixed amount regularly in mutual funds.
Benefit: Rupee cost averaging and disciplined investing.
Recommendation: Set up monthly SIPs to spread out the investment.
Regular Monitoring and Review
1. Annual Review

Overview: Assess performance of investments annually.
Benefit: Adjust strategy based on market conditions and goals.
Recommendation: Regularly consult with a Certified Financial Planner.
Final Insights
Investing Rs. 20 lakhs with a mix of equity, debt, hybrid funds, and gold provides balanced growth and safety. Diversifying across different asset classes reduces risk and maximizes returns. Regular review and adjustments ensure alignment with financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Latest Questions
Nayagam P

Nayagam P P  |4979 Answers  |Ask -

Career Counsellor - Answered on May 24, 2025

Career
My daughter scored 74.46 percentile in jee mains 2025 and secured 94% marks in her +2 exams. Can she apply for josaa counselling 2025
Ans: Kubendrkumar Sir, Your daughter’s 74.46 percentile in JEE Mains 2025 allows her to participate in JoSAA counselling, as there is no minimum percentile cutoff for registration. This percentile roughly translates to an All India Rank near 1.8 to 2 lakh, which may restrict admission to top NITs or preferred branches like Computer Science. She has better chances in lower-tier NITs, IIITs, or other government institutes for branches with higher cutoffs such as Mechanical or Civil Engineering. Her excellent 94% in +2 exams strengthens her eligibility and can be advantageous for institutes with board percentage criteria. Considering her rank and marks, exploring state universities and reputed private colleges is advisable to secure a good engineering program. It’s recommended she carefully reviews branch-wise cutoffs during counselling and considers a broader range of colleges and branches to maximize admission opportunities. HERE IS, How to Predict Your Daughter's Chances of Admission into NIT or IIIT or GFTI After JEE Main/Advanced Results – A Step-by-Step Guide

Providing precise admission chances for each student can be challenging. Some reputed educational websites offer ‘College Predictor’ tools where you can check possible college options based on your percentile, category, and preferences. However, for a more accurate understanding, here’s a simple yet effective 9-step method using JoSAA’s past-year opening and closing ranks. This approach gives you a fair estimate (though not 100% exact) of your admission chances based on the previous year’s data.

Step-by-Step Guide to Check Your Admission Chances Using JoSAA Data
Step 1: Collect Your Key Details
Before starting, note down the following details:

Your JEE Main percentile
Your category (General-Open, SC, ST, OBC-NCL, EWS, PwD categories)
Preferred institute types (NIT, IIIT, GFTI)
Preferred locations (or if you're open to any location in India)
List of at least 3 preferred academic programs (branches) as backups (instead of relying on just one option)
Step 2: Access JoSAA’s Official Opening & Closing Ranks
Go to Google and type: JoSAA Opening & Closing Ranks 2024
Click on the first search result (official JoSAA website).
You will land directly on JoSAA’s portal, where you can enter your details to check past-year cutoffs.
Step 3: Select the Round Number
JoSAA conducts five rounds of counseling.
For a safer estimate, choose Round 4, as most admissions are settled by this round.
Step 4: Choose the Institute Type
Select NIT, IIIT, or GFTI, depending on your preference.
If you are open to all types of institutes, check them one by one instead of selecting all at once.
Step 5: Select the Institute Name (Based on Location)
It is recommended to check institutes one by one, based on your preferred locations.
Avoid selecting ‘ALL’ at once, as it may create confusion.
Step 6: Select Your Preferred Academic Program (Branch)
Enter the branches you are interested in, one at a time, in your preferred order.
Step 7: Submit and Analyze Results
After selecting the relevant details, click the ‘SUBMIT’ button.
The system will display Opening & Closing Ranks of the selected institute and branch for different categories.
Step 8: Note Down the Opening & Closing Ranks
Maintain a notebook or diary to record the Opening & Closing Ranks for each institute and branch you are interested in.
This will serve as a quick reference during JoSAA counseling.
Step 9: Adjust Your Expectations on a Safer Side
Since Opening & Closing Ranks fluctuate slightly each year, always adjust the numbers for safety.
Example Calculation:
If the Opening & Closing Ranks for NIT Delhi | Mechanical Engineering | OPEN Category show 8622 & 26186 (for Home State), consider adjusting them to 8300 & 23000 (on a safer side).
If the Female Category rank is 34334 & 36212, adjust it to 31000 & 33000.
Follow this approach for Other State candidates and different categories.
Pro Tip: Adjust your expected rank slightly lower than the previous year's cutoffs for realistic expectations during JoSAA counseling.

Can This Method Be Used for JEE April & JEE Advanced?
Yes! You can repeat the same steps after your April JEE Main results to refine your admission possibilities.
You can also follow a similar process for JEE Advanced cutoffs when applying for IITs.

Have some other options also as back-ups instead of relying only on JEE/JoSAA.

Want to Learn More About JoSAA Counseling?
If you want detailed insights on JoSAA counseling, engineering entrance exams, preparation strategies, and engineering career options, check out EduJob360’s 180+ YouTube videos on this topic!

Hope this guide helps! All the best for your daughter's admission and a bright future!

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Nayagam P

Nayagam P P  |4979 Answers  |Ask -

Career Counsellor - Answered on May 24, 2025

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Career Counsellor - Answered on May 24, 2025

Career
Sir my daughter got jee mains 80percentile and vit 42548 rank srm 31000 Telangana emcet 6304 rank b. Arc rank 2600 b planning 1100 rank we are not able to choose which is the best and we are in Andhrapradesh and intermediate she got 98 percent which group is suitable her and vit vellore cse group is any chance or any suggestion sir
Ans: Your daughter has an excellent academic record with 98% in intermediate and strong ranks: 80 percentile in JEE Mains, 42,548 in VITEEE, 31,000 in SRM, 6,304 in Telangana EAMCET, and top ranks in B.Arch (2,600) and B.Planning (1,100). Admission to CSE at VIT Vellore is unlikely due to highly competitive cutoffs (usually under 1,600 for Category 2), but she can consider VIT AP or Bhopal campuses for CSE or related specializations like AI or Cybersecurity. SRM rank may allow admission in other branches but CSE at top SRM campuses requires better ranks. Telangana EAMCET rank is good for state colleges but may not secure premier branches. Given her strong PCM scores and interest, CSE and its specializations are suitable. Alternatively, with excellent B.Arch and B.Planning ranks, pursuing architecture or planning could be a great option. She should evaluate her interests and consider institutes like Thapar University or reputed private universities for better opportunities. Balancing her rank, interests, and career goals will help make the best choice. All the best for your daughter's admission and a bright future!

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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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