Hi, I'm 40 years old ,i have done BBA in finance and marketing. It's completed in 2006.i have experience of 5 year in retail and then I moved to foreign exchange company and worked for another 4-5 years in 2-3 companies.but I lost my job in corona time.and since then I'm working as a freelancer for the forex customers.also looking for jobs but couldn't get right job.i have responsibilities but I am not earning as I needed. Pls suggest me what should I do?

Ans: At age 26, it is appreciable that you have started investing early.

It shows responsibility towards your future financial goals.

Your current SIPs are diversified across multiple categories.

But some of these SIPs may not be aligned well for long-term consistency.

Let us now review each one professionally.

1. Quant Small Cap Fund - Direct

Small caps can be volatile.

This fund is aggressive and high-risk.

Direct plans have no guidance or monitoring.

This may affect long-term performance.

Switching to a regular plan with a Certified Financial Planner is better.

This will ensure proper guidance and rebalancing.

2. Nippon India Large Cap - Direct

Large caps offer stability in a portfolio.

However, this fund’s long-term consistency is not very strong.

Also, direct plans lack expert monitoring.

A regular plan through a CFP ensures better handholding.

Tracking and performance review becomes easier.

3. Mirae Asset ELSS Tax Saver

This fund is decent for tax saving.

It is diversified and has shown fair returns.

However, regular review is still needed.

A regular plan helps with documentation and timely alerts.

Switching to regular mode can be beneficial in the long run.

4. UTI Nifty 50 - Direct

This is an index fund.

Index funds only mirror the market.

They do not aim to beat the market.

They lack human intelligence and flexibility.

They don’t perform well during corrections or sideways markets.

Actively managed funds have higher potential.

They can outperform in changing market situations.

Consider replacing this with a well-managed large cap fund.

In regular plan through CFP, you get guided fund selection.

5. Parag Parikh Flexi Cap

Flexi cap funds provide flexibility across market segments.

This fund has been popular recently.

But it has higher exposure to international stocks.

This brings currency risk and regulatory risks.

Also, it may overlap with other holdings.

You should regularly monitor for overlap and concentration.

Again, direct mode has no professional review.

6. Tata Midcap Growth - Direct

Midcaps are good for long-term.

But they need close tracking due to higher volatility.

A regular plan with expert guidance is ideal.

Direct mode will not help during market correction periods.

Switching to regular mode will ensure ongoing support.

7. Tata Small Cap - Direct

Small caps are risky in short to medium term.

This should not be your core holding.

Should be allocated only with close guidance.

Again, direct plans can go off-track without support.

If unmanaged, can bring portfolio imbalance.

Assessment of Direct Funds: Key Concerns

Direct funds may look cheaper in expense.

But they lack professional support and review.

There is no monitoring of changes in fund quality.

You may miss timely exits and rebalancing.

A Certified Financial Planner guides with logic and analysis.

They also help align your funds with your goals.

Regular plans have MFD support and rebalancing discipline.

They protect from behavioural mistakes during market volatility.

Overall, regular funds with expert guidance bring higher net value.

What Can Be Done with Your Existing SIPs?

You can consider the following changes:

Discontinue index fund (UTI Nifty 50) SIP.

   

Reduce exposure to direct small and midcap funds.

   

Switch from direct plans to regular plans via a Certified Financial Planner.

   

Ensure SIPs are part of a professionally constructed portfolio.

   

Ensure proper asset allocation, fund category balancing and tax efficiency.

   

New SIP of Rs 10,000 per Month – Suggestions

For your new Rs 10,000 monthly SIP, here is a 360-degree plan:

Allocate across diversified categories.

   

Ensure each fund has low overlap and different market focus.

   

Invest in 3 to 4 funds max.

   

All in regular mode with CFP-led support.

   

Avoid index funds, as they only match market returns.

   

Go for actively managed funds with proven history.

   

Include large-cap, mid-cap and flexi-cap mix.

   

Monitor quarterly with your Certified Financial Planner.

   

Additional Guidance for 15-Year Wealth Building

At 26, your time horizon is excellent.

But long-term wealth creation needs more than just SIPs.

It needs strategy and discipline.

Below are key steps for a full-circle approach:

Set clear financial goals: Home, car, retirement, child education etc.

   

Link SIPs to each goal separately.

   

Keep emergency fund in place (6 months expenses).

   

Get sufficient life and health insurance (pure protection plans).

   

Avoid investment-cum-insurance products.

   

They give low returns and poor insurance.

   

Do not mix insurance with investment.

   

Track your SIP performance annually.

   

Rebalance if some funds underperform.

   

Maintain asset allocation: Equity, Debt and Liquid.

   

Avoid emotional reactions during market dips.

   

Stay invested with guidance from your CFP.

   

Be aware of taxation rules on equity and debt funds.

   

LTCG on equity above Rs 1.25 lakh is taxed at 12.5%.

   

STCG on equity is taxed at 20%.

   

Debt fund gains are taxed as per income slab.

   

Regular plan MFD and CFP helps with all tax planning.

   

What Not to Do in the Next 15 Years

Don’t invest in index funds.

   

They lack active strategy.

   

Don’t choose funds by past returns only.

   

Don’t use direct funds without financial expertise.

   

Don’t invest in real estate for returns.

   

Don’t invest in annuity products for retirement.

   

Don’t mix investment and insurance.

   

Don’t make decisions based on short-term news or noise.

   

Don’t stop SIPs during market corrections.

   

Role of a Certified Financial Planner

A Certified Financial Planner helps you:

Set goals based on life stages.

   

Create custom SIP and lump sum plans.

   

Select the best active funds for your goals.

   

Rebalance annually to stay on track.

   

Plan taxes as per latest rules.

   

Protect wealth with right insurances.

   

Build retirement with strategic planning.

   

Create a total financial blueprint for life.

   

Keep emotions out of financial decisions.

   

Final Insights

You have taken a great step by starting early.

But choosing the right funds is key.

More important is monitoring them regularly.

Direct plans lack this important support.

Switching to regular plans under CFP brings value.

Also, add Rs 10,000 new SIP with proper strategy.

Don’t follow trends.

Stay committed and review annually.

Avoid overlapping funds and unnecessary risks.

Have a complete financial roadmap in place.

You are building your future.

Make each rupee work with expert guidance.

This 360-degree approach will lead to better outcomes.

You will be financially secure and confident.

Take the next steps with clarity and care.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

Ans: You are thinking wisely about your assets.

Let’s look at this from a 360-degree perspective.

Rental Income vs Sale Value

The property gives you Rs. 14,000 monthly rent.

That is Rs. 1.68 lakhs per year.

Over 10 years, you may earn Rs. 16 to 18 lakhs from rent.

Maintenance cost, property tax, and repairs will reduce this further.

Also, a 40-year-old property needs more upkeep.

Its resale value may not grow much more from here.

Selling now for Rs. 70 lakhs gives you full value in hand.

You can use that money in better investment options.

Emotional Value vs Financial Value

Being ancestral property, emotions may be attached.

But emotional value won’t solve financial needs.

If the property is not well located or not appreciating well, selling is practical.

You can honour the legacy in other ways.

Should You Invest in NPS?

NPS is a retirement tool with lock-in till age 60.

You can’t withdraw freely.

It is good for building a pension corpus.

But not suitable if you want liquidity or flexibility.

Once you invest, you cannot move the funds easily.

Also, returns are not consistent. Depends on market and fund manager.

Use NPS only for a part of your funds if your retirement goal is clear.

Should You Put in Balanced Funds?

Balanced funds (also called hybrid funds) invest in both equity and debt.

They are good for moderate risk and stable returns.

Suitable for long-term goals like retirement, child's education, or financial freedom.

They give better return than traditional options.

But don’t invest in direct plans.

Direct funds don’t guide during volatility.

Regular plans through MFD with CFP support are better.

You get timely advice and fund switching support.

Active fund managers make strategy changes.

Index funds or passive options don’t do that.

Actively managed balanced funds are better for Indian investors.

What You Should Do Now

Sell the property if there’s no growth and rising maintenance.

Use part of the Rs. 70 lakhs to reduce any high-interest debt.

Keep 6 to 12 months of expenses as emergency fund in liquid mutual fund.

Invest the rest through SIP and STP in regular hybrid funds.

Plan your financial goals with a Certified Financial Planner.

For retirement, use mutual funds along with PPF and EPF.

Use NPS for small part only, due to lack of liquidity.

Tax Impact You Should Know

On sale, capital gains tax will apply.

Since it's ancestral property, indexed cost and holding period matter.

Tax can be planned using capital gain bonds or reinvestment.

Don’t keep all money in savings account. Plan it step-by-step.

A Suggested Allocation Strategy (Not Specific Schemes)

Rs. 10 to 15 lakhs – emergency and contingency in liquid or short-term fund.

Rs. 40 to 45 lakhs – invest gradually in hybrid and multicap mutual funds.

Rs. 10 lakhs – use for NPS only if you have no urgent needs till age 60.

Avoid direct funds, index funds, or annuity options.

Use regular funds via MFD under CFP guidance.

Final Insights

Selling old property and investing is a progressive step.

You are unlocking stuck value into a growing asset.

Old assets slow down your money’s growth.

Balanced mutual funds help you grow with moderate risk.

NPS gives tax benefit but lacks flexibility.

Don’t invest entire money in NPS. Use mix of better tools.

Avoid emotional attachment if the property is non-performing.

Turn this decision into a lifetime opportunity.

Your wealth deserves active planning, not passive holding.

Take support from a Certified Financial Planner to execute wisely.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

Ans: Hello sir. As our relationship ages and the kids get old this is one of the most common problem couples face. Communication issues. This can be due to many reasons:
1. Responsibility of kids are increasing and so we get less time to self care and for ourselves. Due to which communication hampers
2. Our parents are getting old and the medical bills and medical problems both increase which creates stress within you and then in turn you are not able to communicate properly.
3. Your age is also increasing and capacity is decreasing due to which you may get irritated.
The solution to this is that you and your wife should take out just half an hour for yourselves specially in the morning for meditation and exercise. This will increase your patience level and happy hormones and your capacity to handle stress and problems will increase. Try this out and share your experience.
Take care !
Regards
Dr Upneet kaur
Follow me on: https://www.instagram.com/dr_upneet

Ans: Prioritize CSE at KIET Ghaziabad for higher average placements (?7.11 LPA) and strong infrastructure, followed by CSE at JSS Noida (avg. ?5.69 LPA, peak ?57.32 LPA) for niche opportunities. While ECE at Jaypee Noida offers robust industry ties (107% placement rate), its median salary (?6.5 LPA) lags behind CSE options. KIET’s 98% placement rate and established CSE curriculum edge out JSS, which has inconsistent placement trends. Jaypee’s ECE suits core electronics interests but limits IT roles. Choose KIET/JSS for CSE’s broader prospects unless ECE aligns with career goals. All the BEST for your Admission & Prosperous Future!

Follow RediffGURURS to Know More on 'Careers | Money | Health | Relationships'.

Ans: I suggest you take a job, get three or four years experience and refine your entrpreneurial ideas before you jump in.

Ans: Sneh, With 142 MET marks (expected rank ~2,001–4,500) and 76% in boards, admission to CSE, AI/ML, or Financial Technology at MIT Manipal (main campus) is unlikely, as the 2024 closing ranks for these branches were CSE: 1,633, AI/ML: 2,255, and Financial Tech: 3,189. However, MIT Bengaluru offers viable alternatives, with 2024 cutoffs of CSE: 5,687, AI/ML: 7,244, and Financial Tech: 9,116, all within your rank range. While the main campus remains competitive, Bengaluru provides comparable academic rigor and industry exposure, albeit with marginally lower placement averages. During MET counselling, prioritize CSE at Bengaluru or specialized branches like AI/ML/Financial Tech as achievable options. If preferring Manipal, explore non-CSE branches (e.g., IT, Electronics) with lower cutoffs (~4,500–5,148) or monitor spot rounds for potential vacancies. Your board percentage meets the eligibility criteria (50% PCM), so strategically rank preferences during counselling to optimize admission prospects. Bengaluru serves as a strong backup with aligned opportunities, ensuring a balance between campus reputation and program accessibility.

All the BEST for your Admission & Prosperous Future!

Follow RediffGURURS to Know More on 'Careers | Money | Health | Relationships'.

Ans: SRM is a better choice.

Ans: Hello Farah
ECE is very good branch and is going to have huge scope. Ask to focus on ECE and come out of this herd.

Ans: Private medical colleges will be the option for you.