Hello Readers
I am Suresh Kumar Podishetti (people love to call as Suresh KP ) from Hyderabad (India). I am NISM Certified Investment Adviser, NISM Certified Research Analyst (Reg.No. NISM-201500040549) and did my MBA-Finance from Symbiosis University, Pune. I have started financial blogging since 2011. I have been analyzing financial markets in the last 20 years and love to track Mutual Funds, Stocks, Insurance Plans, Health insurance etc. and provides various insights on this blog to help investors + readers of this blog.
What is the purpose of creating this blog?
I have created this blog in 2012.
I do 9-6 job, however out of my passion, I created this financial and investment blog. The purpose of creating this blog is to create awareness among the investor community. I was always passionate about analyzing various investment options in India. Some of my friends and colleagues earlier used to ask me about various best investment options and tips to save money. I used to guide them on transaction basis. Sometimes I felt, that there might be thousands of investors who might be struggling to understand the investment options available right in front of them. I thought of sharing my stock market experiences, financial knowledge, Investment Ideas etc., so that they would also benefit. This is how this blog got created.
While I am making every effort to be most accurate when writing my analysis on this blog, there can be errors in posts without my knowledge. In case you find any of such errors or issues in the blogs, please mail me immediately to suresh@myinvestmentideas.com or suresh.podishetti@yahoo.com so that I can correct it then and there. You can also share your views under comments of respective articles.
Thanks for your support.
Suresh KP
Myinvestmentideas.com
More about us
1) Certifications
NISM Certificate – Investment Adviser – Level-1
NISM Certificate – Investment Adviser – Level-2
NISM Certificate – Research Analyst
2) Follow-us on Social Media
Follow us on FB at https://www.facebook.com/Myinvestmentideas
Follow us on Twitter at https://www.Twitter.com/Myinvestmentide
Follow on Quora – https://www.quora.com/profile/Suresh-Kp-1
Follow on Indiblogger – https://www.indiblogger.in/1ubiruen2qqs
Follow on Linkedin – https://www.linkedin.com/company/myinvestmentideas-com/
3) Readers Reviews on Google
4) Other Financial websites
i) Money Control Market Expert – http://www.moneycontrol.com/elite/profile/suresh-kp_3593.html
ii) Silicon India – https://www.siliconindia.com/profiles/Suresh-Kumar-9iVRvZTl.html
iii) Surety Solutions – https://blog.suretysolutions.com/suretynews/expert-interview-with-suresh-kumar-podishetti-about-indias-investment-options
4) Financial Planning – Training and Awareness Sessions
i) Financial Discipline, Money Management and How to Start Early – Awareness session conducted by Suresh KP for T&AS Engineers Employees – https://myinvestmentideas.com/2019/05/financial-discipline-and-how-to-start-investing-early-awareness-session-for-tas-engg-employees/
ii) Conducted a session on “Personal investment planning during Pandemic” in 2020 to “The institute of Cost Accountants of India”.
iii) Conducted a session with iFocus Mission on “Personal Wealth Creation tips” in 2020.
Hi Suresh,
I am very impressed after going thru ur blog. I have a few questions. I would be grateful if u can answer them.
At present I am working abroad. At my home in India, we recently did renewation of our house for which I had to sppend around 28 lakhs, which I felt un necessary. But it was in evitable , so I helped my brother with around 15 lakhs.
We have a total debt of around 36 lakhs . My brothers they do agriculture. when the market is down (most of the time) they dont get much profit out of that.They dont have any other knowledge about other business. I am totally frustrated financing my brothers who dont take much interrest in clearing the large debt. They feel that I have to send money monthly. Initial yrs I sent 50,000 monthly. like this till now totaly I might have given them around 25 lakhs. We have a plot in a city which costs about 80 lakhs. My fateris not ready to sell it. One more plot which is 20 lakhs worth is in the name of my brother. It is on lease cum sale deed for 10 yrs. So though it 20 lakhs worth, if we try to sell it now we are not getting good price.
so kindly advise me how to get rid of all these debts please.
Regards.
Jit.
Jit, This look similar to my problem. I feel as long as you keep sending money, people would happily enjoy and do not worry. Please talk to your father and solve it. You may not solve your debt problem if you sell smaller plot of Rs 20 L. You should either sell large plot and close the debt or you should ask your brothers to contribute to close the debt. I don’t think my answer is the best one, but this is what I feel is best.
Hi Suresh,
I also thought the same way. Now otherwise I am thinking to include my name in the bigger plot along withmy father's name.. Then I can take whole responsibility of the clearing loan and later I can claim my contribution if at all my brothers ask for the share in the plot. At least it will be an asset in my name. I can at least feel I am investing in real estate property which will definately give good returns.
Thanks.
Jit.
Thanks Suresh for such nice advice and ideas to people. I am 28 yrs old,salried person and earning 8 lac.p.a. My montly expenses are 20k+Housing laon EMI 20K. I ahve taken LIC 10lac Jeevan Anand for which I need to pay 60k yearly. I wanted your advice on following points:
1. I wanted to do some part time job to make money.
2. I am planning to take HDFC Click to Protect term insurance plan. wht is your advice on the same.
3.As you are financial expert I want advice from you to make strong porfolio for investement,good retuns and risk cover.
regards,
Rajesh
Rajesh, Please refer this article where you can convert your hobbies into money.
Also refer another article about 25 part time ideas.
HDFC click 2 protect is good policy. You can review and consider taking it. I feel best way to invest money is to invest for long term. It can be stocks like TCS or large cap mutual funds or diversified mutual funds. Consider taking 20% in gold and bank FD as they provide stability and would support during difficult times.
Hi suresh, congratulations to u for your grt initiative. Really your guidence is very useful for investments.. U r really solving problems of many people.
Suresh, I want to ask u abt business ideas with low investments, i have read all 20 but I want somthing lik I can start at small town . I leaves in Malegaon in Nashik district maharasttra state. I want to start somthing in my town. Can u please guide me.
Rashmi, you are the best person to judge whether any of such business would run or not.
I want advice on my Mutual fund Investment.
there are lot many funds accumulated . Its difficult for me to make it limited funds protfolio.
Please suggest which funds to switch and where.? I want to split half money where i can get steady income and half equity with risk.
what are restrictions for invest and income tax , pull out for NRE account related investment
Funds details –
IDFC PREMIER EQUITY FUND REGULAR PLAN DIVIDENT PAYOUT
RELAINCE EQUITY OPPORTUNITY FUND
RELIANCE REGULAR SAVING FUND -EQUITY PLAN
RELAINCE GOLD SAVING FUND
RELAINCE MONTHLY INCOME FUND
TEMPLETON INDIAN CORPORATE BOND OPPORTUNITIES FUND GROWTH
DSP BLACKROCK TOP 100 EQUITY FUND REGULAR PLAN GRWOTH
DSP BLACKROCK INDIA TIGER FUND REGULAR PLAN GRWOTH
FRANKLIN INDIA PRIMA PLUS GROWTH
F T INDIA FEEDER FRANKLIN US OPPORTUNITIES GROWTH FUND
HDFC EQUITY FUND DIVIDENT REINVESTMENT
HDFC LONG TERM ADVANTAGE FUND GROWTH
HSBC BRAZIL FUND DIVDENT PAYOUT
HDFC TOP 200 GROWTH
BIRLA SUN LIFE DIVIDENT YIELD PLUS DIVIDENT REINVESTMENT FUND
BIRLA SUNLIFE EQUITY FUND
ICICI PRUDETIAL FOCUSED BLUECHIP EQUITY FUND
ICICI PRUDENTIAL DYNAMIC REGULAR
ICICI PREDUENTIAL TOP 100
Harshal, I would tell you which are good. Others you can take call. Reliance eqyit opps fund reliance gold saving fund, HDFC long term advantage fund, HDC top 200, icici pru focussed blue chip fund, icici dynamic fund. Remaining you can review and switch to other options. Regd taxation, looks you are asking from NRI perspective. There is no seperate taxation for NRI’s for mutual funds. However you need to go thru NRE/NRO account and you would get certain exemptions if you do thru NRE account. Check my articles on NRI investment category, you would get some idea
thanks for reply.
Can you please give some more information about ruppe max deposite hdfc.
Should nre invest in FCNR deposits with Forward Cover? whats ur opinion and hows exact calculations for this.
I need to some analysis before I provide the details to you
Dear Suresh,
Thank you very much for your good work,your blog is a torchbearer for new investers.
I am 30 years old,my take home is 31k p.m,i have done some small investments in LIC and HDFC ergo mediclaim whch is around 2000k pm,i would like to do long term investment which can give back good corpus i can invest 3000k to 5000k pm.i have 9 months old son for which i took the lic jeevan saral 2 months back.
Please guide how i have to invest 3000k to 5000k pm.
Regards,
Ravindra
Can you please
Ravi, Since you are young age, you can take some risk and invest in stocks and mutual funds. To start, invest in large cap and diversified mutual funds. Refer this article and you would get some ideas. https://myinvestmentideas.com/2013/07/best-mutual-funds-to-invest-in-india-with-solid-and-consistent-returns-in-long-run/