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Shekhar

Shekhar Kumar  |136 Answers  |Ask -

Leadership, HR Expert - Answered on Apr 29, 2024

Shekhar Kumar is an HR, talent, and client acquisition leader at Star Engicon Private Limited (SEPL). He has 18 years of expertise in the search and placement of executive leadership talent across various industries.
He has also mentored middle and senior management professionals for leadership positions and guided them in career development.
Shekhar has a bachelor's degree in business management from Magadh University, Bihar, and a master's degree in human resource management from Annamalai University, Tamil Nadu.... more
Nitya Question by Nitya on Apr 27, 2024Hindi
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Career

Sir, i 'm currently doing b. Sc in biotechnology NEP from University of jammu ... What can i do after this course after getting b. Sc degree... What 're its career options? ... Tell about this co

Ans: Completing a B.Sc. in biotechnology offers a range of career options in various sectors. You can work in research laboratories, biotech companies, or academic institutions conducting research in areas such as genetic engineering, molecular biology, microbiology, or pharmaceuticals. Roles may include research assistant, laboratory technician, or scientist, where you contribute to the development of new biotech products, processes, or therapies. The biopharmaceutical sector offers opportunities in drug discovery, development, manufacturing, and regulatory affairs. You can work for biopharmaceutical companies involved in developing biologics, vaccines, gene therapies, or personalized medicine. Bioprocess engineers are involved in designing and optimizing processes for the production of biopharmaceuticals, biofuels, enzymes, or other biotech products. Roles may include process engineer, manufacturing specialist, or quality control analyst, where you ensure the efficiency, safety, and quality of bioprocess operations. You can work in medical research institutions, hospitals, or clinical research organizations (CROs) conducting clinical trials, genetic testing, or epidemiological studies. Roles may include clinical research coordinator, data analyst, or research scientist, where you contribute to medical advancements and evidence-based healthcare practices. Agricultural biotechnology offers opportunities in crop improvement, plant genetics, and sustainable agriculture. You can work for agricultural research organizations, seed companies, or agribusinesses developing genetically modified crops, biopesticides, or biostimulants to enhance crop productivity and resilience. Environmental biotechnology focuses on using biological processes to address environmental challenges such as pollution, waste management, and sustainability. You can work for environmental consulting firms, government agencies, or environmental organizations developing solutions for water treatment, bioremediation, or renewable energy production. Bioinformatics involves the use of computer algorithms and databases to analyze biological data, such as DNA sequences, protein structures, or gene expression patterns. You can work for biotech companies, pharmaceutical firms, or academic research institutions developing bioinformatics tools, conducting genomic analysis, or modeling biological systems.

These are just a few examples of the diverse career paths available to graduates with a B.Sc. in biotechnology. Depending on your interests, skills, and career goals, you may choose to pursue further education, such as a master's degree or specialized certifications, to enhance your expertise and expand your career opportunities in the biotech industry. Additionally, gaining hands-on experience through internships, research projects, or industry collaborations can be valuable for transitioning into your desired career path after completing your degree.
Asked on - Apr 29, 2024 | Answered on Apr 30, 2024
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Sir, I want to make my career in teaching sector. So, what can i do after graduation ( NEP)..
Ans: If you aspire to pursue a career in the teaching sector after completing your B.Sc. in Biotechnology, there are several pathways you can consider. Consider pursuing higher education such as a Master's degree (M.Sc.) or a Ph.D. in biotechnology or a related field. A postgraduate degree will deepen your knowledge and expertise in your chosen subject area, making you a more competitive candidate for teaching positions. These programs often provide training in pedagogy, classroom management, curriculum development, and assessment techniques. Look for opportunities to gain teaching experience during or after your undergraduate studies. Explore opportunities to teach in various educational settings, including schools, colleges, universities, or vocational training institutes. Consider your preferences and strengths when deciding which level of education you would like to teach. Depending on the educational system, you may need to complete specific courses and exams to qualify for teaching positions in schools and colleges. Network with experienced educators, professors, and professionals in the education sector to gain insights into the teaching profession. Stay informed about developments and trends in education, teaching methodologies, and educational technologies. Engage in continuing education opportunities, workshops, or conferences to enhance your skills and knowledge as an educator. Develop your teaching portfolio, which may include your educational qualifications, teaching philosophy, lesson plans, sample teaching materials, and references. Tailor your resume and cover letter to highlight your relevant skills, experiences, and achievements as an educator. Remember to stay passionate, committed, and open to continuous learning as you embark on your journey as an educator.
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Ramalingam

Ramalingam Kalirajan  |2143 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 14, 2024

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Hello Sir, I am a private sector employee, aged 43 years, my monthly take home is 70k. I am new to share market and mutual funds. I have been investing in RD, FD and now want to invest in SIP, Mutual Funds and share market with a target of good returns in of next 5 years. I am planning as following: 1. Invest monthly 10k in SIP for 5 years, withdrawal after 10 years. Aiming for 25-30% returns. 2. Invest 2/3 lacks in MF, withdrawal after 5 years. Aiming for 25-30% returns. 3. Start trade with 5/10k and step by step invest 50k to 1 lac in next 6 months. I am positive that i will receive your guidance on above points with best options. Thanking you in advance.
Ans: I understand you're excited to explore new investment avenues beyond RDs and FDs. That's a great first step towards securing your financial future! Let's delve into your plan and discuss some key points to consider:

1. SIP for Long-Term Goals (10 Years +):

Thumbs Up! SIP (Systematic Investment Plan) is a fantastic way to invest in Mutual Funds regularly. It inculcates discipline and benefits from rupee-cost averaging, which helps you purchase more units when the market is low and fewer units when it's high.

Setting Expectations: A 25-30% return expectation over 5 years is quite aggressive for Mutual Funds. Historically, actively managed Equity Mutual Funds (diversified across sectors) have delivered average returns in the range of 12-15% p.a. Remember, past performance isn't a guarantee of future results, but it gives you a realistic idea.

Time is Your Friend: Extending your investment horizon to 10 years increases your chances of achieving better returns. The longer you stay invested, the more you benefit from compounding (earning returns on your returns).

2. Lump Sum Investment (2/3 Lakhs):

Good Thinking! A lump sum investment can potentially magnify your returns if the market performs well. However, keep in mind that it's a one-time shot.

Diversification is Key: Consider investing this amount in a diversified Equity Mutual Fund that spreads your investment across various sectors. This helps mitigate risk if a particular sector underperforms.

Stay Invested: The 5-year timeframe might be short for aggressive return expectations. Similar to SIPs, a longer investment horizon like 10 years can be more suitable for potentially achieving your goals.

3. Stock Market Trading:

Caution Advised: The stock market can be volatile, and success requires in-depth knowledge, experience, and discipline. Starting small and learning the ropes before risking a significant amount is advisable.

Consider Mutual Funds: Actively managed Equity Mutual Funds are helmed by experienced professionals who research, analyze, and invest your money in a basket of stocks. This approach can help you benefit from the market's growth without the risks associated with direct stock selection.

Building Knowledge: If you're keen on understanding the stock market, there are many online resources and courses available. However, remember that success in the stock market isn't guaranteed.

Here's a Recap and Next Steps:

SIP for Long-Term: Regular SIPs in diversified Equity Mutual Funds are a great way to build wealth over the long term (10 years or more).

Lump Sum Investment: Invest a lump sum in a diversified Equity Mutual Fund for potentially higher returns, but with a longer time horizon (ideally 10 years or more).

Start with Mutual Funds: Consider Equity Mutual Funds as an alternative to direct stock market trading, especially if you're new to investing.

Seek Professional Guidance: A Certified Financial Planner (CFP) can help you create a personalized investment plan aligned with your risk tolerance and financial goals. They can also guide you on selecting suitable Mutual Funds based on your investment needs.

Remember, investing is a marathon, not a sprint. Patience, discipline, and a well-diversified approach are key to achieving your financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2143 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 14, 2024

Asked by Anonymous - May 14, 2024Hindi
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Hi i have purchased sbi smart priviledge plan. I have taken for a single premium of 8 lakhs. Its been 6 months and i dont see any growth in my fund. In fact my amount is only decreasing. I really dont have much knowledge in stock market and all. Am very much worried about my money. If anyone have taken same plan pls share your experience in this
Ans: This SBI Life Smart Privilege Plan review delves into the plan's features to help you decide if it aligns with your financial goals. While it promises a blend of insurance and investment benefits, there are several drawbacks to consider before you invest.

Disadvantages of SBI Life Smart Privilege Plan:

Lower Returns: ULIPs typically underperform compared to pure investment options like mutual funds. Insurance and administrative charges eat into your returns. The review calculates that even with an 8% CAGR in underlying funds, the plan's Internal Rate of Return (IRR) is only 6.74%.

Multiple Charges: The plan comes with a variety of charges, including premium allocation charges (up to 5 years), policy administration charges, fund management charges, surrender charges (if you exit early), partial withdrawal charges, premium redirection charges, and mortality charges. These fees reduce your overall returns significantly.

Limited Liquidity: You're locked in for at least 5 years. There are surrender charges if you withdraw your money before the policy term ends, further restricting access to your invested amount.

Market Dependence: Unlike traditional life insurance, your returns depend on market performance and your chosen fund within the plan. This introduces investment risk.

No Loan Facility: Unlike some ULIPs, SBI Life Smart Privilege Plan doesn't allow you to take loans against your policy.

Lack of Transparency: The underlying funds in this plan are less transparent compared to those offered by mutual funds. This makes it difficult to assess the risks involved.

Alternatives to Consider:

PPF + Term Insurance: This combination offers guaranteed returns with PPF and pure life coverage with a term insurance plan. The review suggests a PPF investment with a term insurance plan might yield a better return (around ?1.63 Cr) compared to SBI Life Smart Privilege Plan (around ?1.57 Cr) for the same investment over 15 years.

ELSS Mutual Fund + Term Insurance: This option provides potentially higher returns with an ELSS Mutual Fund, but carries investment risk. However, the review estimates a potential return of ?2.5 Cr with an ELSS Mutual Fund compared to ?1.57 Cr with SBI Life Smart Privilege Plan (for the same investment over 15 years).

Before You Invest:

Investment Goals: Align your investment with your short-term or long-term financial goals.
Risk Tolerance: Consider your comfort level with market fluctuations.
Financial Advisor: Consult a financial advisor for personalized investment advice based on your needs and risk tolerance.
Conclusion:

The SBI Life Smart Privilege Plan might seem attractive, but the review highlights several disadvantages, particularly lower returns compared to alternatives. Consider exploring options like PPF or ELSS Mutual Funds with term insurance for potentially better returns and flexibility. Always consult a financial advisor before making any investment decisions.

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

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Anu

Anu Krishna  |850 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on May 14, 2024

Asked by Anonymous - May 08, 2024Hindi
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Relationship
I am a female 34 married to a 39 Male. I have a 4 year old daughter. Since the very beginning, i spent my savings for household expenses. I had expected him to spend money after my daughter's birth. Most of his income goes towards payment of EMI of 2 houses. I asked him to stop one emi so that we can live properly. He told me that he would always block money in some or the other investment and reduce his disposable income. So I changed my career path to a more lucrative one. I am currently studying to get employedvin such career. Its taking time as inspite of full time maid, i had to take care of her without his support but unnecessary criticism. I have made my own support system, take care of my daughter financially and even take care of her outings. When he is home he takes care of her but he is not consistent . Rather he will pick fights about how i am not a good mother. He has these anger issues where once he is angry he starts shouting, criticizing and sometimes swearing. I learnt to not listen to his words when angry but my daughter heard it twice. After every such fight he would apologize and placate me. But overtime i lost all love for him. He gets triggered by little things like a simple basket and then blow it up. Recently he came drunk and hit me. I asked him to stop and he slapped me twice and then stood near my bed taking about his feelings for 2 hours. The entire incident terrified me and i went back to my parents. I have asked him time and again to get therapy for his anger. I can't let my daughter grow in such environment. I am currently planning to live near my parents and live as a single mother. I am currently preparing for job interviews and the forthcoming exams. I keep hearing that if i am patient he will change. That he will suffer without his daughter. But he is not even considering therapy. Also he can visit her anytime. We live some 12 hours from his location but he can just come over weekends if he wants to. I am financially comfortable now and thus taking few months to set my career. Please advise if my plans are appropriate. I am
Ans: Dear Anonymous,
It may seem cruel, but by actually maintaining some space between you and your husband, it is possible that he starts to mend his ways.
Use this time away from him to set your career and financial independence.
Whenever your husband comes over, make sure you set a boundary that tells him that he needs to change if he wishes to get back into the marriage.
He may not be willing to go into therapy, but he will need to as the root cause of his anger and self-esteem issues that are aggravating the situation will need to be sorted out. Also, a few sessions with both of you together will help you understand what exactly is going on in his mind and then you two can start working as a unit.
Be patient and use this time away wisely; ultimately you will have to take a call on when to do and what to do based on how things move around...

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

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Ramalingam

Ramalingam Kalirajan  |2143 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 14, 2024

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Hi I am 43 yrs old and have purchased a house in city and a second house in suburb and a plot so I have hardly any money left, earlier I thought of investing in SIP after two yrs but after going through the suggestions given to others I started investing in ICICI pru Blue chip G, 2000 rs this July I am planning to increase the amount by 2000 then next yr 10000 and next to next yr 15000. Can I accumulate around 1 crore in 12 to 15 yrs, if yes plz suggest where to invest with names as I have no idea and I am doing it for the first time, if no how much should I invest gradually in this three yr to accumulate 1 crore in 12 to 15 yrs and how
Ans: It's excellent that you've started investing, especially with a clear goal in mind. Let's outline a strategy to work towards accumulating 1 crore in 12 to 15 years and suggest suitable investment avenues for you.

Assessing Your Goal
Target Amount: Accumulating 1 crore in 12 to 15 years is achievable with consistent savings and strategic investments. However, it's essential to assess your risk tolerance, investment horizon, and expected returns realistically.
Investment Strategy
Increasing SIP Contributions: Your plan to increase your SIP contributions gradually is a prudent approach. By gradually increasing your investments over time, you can harness the power of compounding effectively.

Suitable Investment Avenues: Consider allocating your SIP contributions across a diversified portfolio of mutual funds to optimize returns while managing risk. Here are some suggestions:

Large-Cap Funds: Invest a portion of your SIP in large-cap funds like ICICI Prudential Bluechip Fund for stability and consistent returns over the long term.

Mid & Small-Cap Funds: Allocate another portion towards mid and small-cap funds like HDFC Mid-Cap Opportunities Fund or SBI Small Cap Fund for higher growth potential, albeit with higher risk.

Balanced Funds: Additionally, consider investing in balanced funds like HDFC Hybrid Equity Fund, which offer a mix of equity and debt, providing stability while capitalizing on growth opportunities.

Calculating Required SIP Amount
To determine the SIP amount required to accumulate 1 crore in 12 to 15 years, consider the expected rate of return and the investment horizon. Using a mutual fund SIP calculator, you can calculate the monthly SIP amount needed to achieve your goal based on these parameters.

Seeking Professional Advice
Given your first-time experience with investing, consider consulting with a Certified Financial Planner. They can help you develop a personalized investment plan, assess your risk profile, and recommend suitable investment avenues aligned with your goals and financial situation.

Starting your investment journey is a significant step towards achieving financial security. By setting clear goals, staying disciplined with your investments, and seeking professional guidance when needed, you're on the right path. Stay committed to your plan, monitor your investments regularly, and adjust as necessary to stay on track towards achieving your financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2143 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 14, 2024

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Sir I am fifty years 10 years to retire.i have a htl of 29 lakhs my salary is 1.2 avg per month .68000 I am paying my emi.no savings as of now.need 5 cr corpus .my daughter higher education and her marriage is there.kindly advice .I am new to this subject.
Ans: It's commendable that you're taking steps towards financial planning, especially with your retirement on the horizon and important milestones like your daughter's education and marriage to consider. Let's create a roadmap to help you achieve your financial goals effectively.

Prioritizing Financial Goals
Retirement Corpus: With 10 years until retirement and a target of 5 crores, it's essential to start saving and investing diligently to build a substantial corpus. We'll outline a strategy to allocate your income towards retirement savings.

Daughter's Education and Marriage: Planning for your daughter's higher education and marriage requires setting aside funds separately. We'll devise a plan to address these goals alongside your retirement planning.

Retirement Planning Strategy
Monthly Savings: Given your monthly salary of 1.2 lakhs and existing EMI commitments, identify a portion of your income that you can allocate towards savings. Aim to save and invest consistently each month to build your retirement corpus.

Emergency Fund: Start by building an emergency fund to cover unexpected expenses. Aim for 6-12 months' worth of living expenses saved in a high-yield savings account or liquid fund.

Investment Portfolio: Once you've established your emergency fund, allocate a portion of your savings towards investments that offer growth potential, such as mutual funds (equity and debt), PPF, or NPS. Diversify your portfolio to manage risk effectively.

Funding Education and Marriage Expenses
Education Fund: Estimate the cost of your daughter's higher education and start setting aside funds in a separate account or investment vehicle. Consider options like education-focused mutual funds or recurring deposits to accumulate the required amount.

Marriage Fund: Similarly, estimate the expenses for your daughter's marriage and allocate savings towards this goal. You can explore investment options with moderate risk to ensure capital preservation while aiming for growth.

Seeking Professional Advice
Given your relatively late start to financial planning, consider consulting with a Certified Financial Planner who can provide personalized guidance tailored to your specific circumstances. They can help you develop a comprehensive financial plan, optimize your investments, and prioritize your goals effectively.


Taking the first step towards financial planning is crucial, and you're on the right path. By setting clear goals, creating a budget, and starting to save and invest systematically, you can work towards achieving financial security for your retirement and fulfilling your daughter's aspirations. Stay committed, stay disciplined, and keep moving forward towards your goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2143 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 14, 2024

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Hii I am 35 years old, retiring in 2028 working in defence. I am holding corpus of 70 lakhs. 30L in PPF 30L in mutual fund stocks with SIP of 8k PM, I am holding 10L in fd. My requirements of future is 1cr for land purchase and 2 cr for future expenses. How to invest my corpus in effective ways.
Ans: It's great to see your proactive approach towards financial planning, especially as you prepare for retirement. Let's outline a strategy to optimize your existing corpus and work towards your future financial goals effectively.

Evaluating Your Current Portfolio
PPF (Public Provident Fund): Holding 30 lakhs in PPF provides stability and tax-free returns. However, since you're retiring in 2028, consider diversifying a portion of this amount into higher-return investments to meet your long-term goals.

Mutual Funds and Stocks: Your SIP in mutual funds and stocks is a sound strategy for wealth accumulation. Given your retirement timeline, maintain a balanced portfolio with a mix of equity and debt funds to mitigate risk while aiming for growth.

Fixed Deposits (FDs): While FDs offer security, the returns may not outpace inflation, potentially eroding purchasing power over time. Consider reallocating a portion of this amount into investments offering higher potential returns.

Investment Strategy for Future Goals
Land Purchase (1 crore): Since this is a short-to-medium-term goal, prioritize capital preservation and liquidity. Consider allocating a portion of your FD and PPF corpus towards a high-yield savings account or short-term debt funds to accumulate the required amount by 2028.

Future Expenses (2 crore): With a longer time horizon, you can afford to take on more risk for potential higher returns. Allocate a significant portion of your mutual fund and stock portfolio towards this goal, focusing on diversified equity funds to capitalize on market growth over the next few years.

Actionable Steps
Review Asset Allocation: Ensure your portfolio is well-diversified across asset classes (equity, debt, and cash) to manage risk and optimize returns.

Regular Monitoring: Periodically review your portfolio's performance and make adjustments as needed to stay on track towards your goals.

Consider Professional Advice: Consult with a Certified Financial Planner to tailor an investment strategy based on your risk tolerance, financial goals, and retirement timeline.

Your proactive approach to financial planning is commendable. By strategically allocating your existing corpus and adopting a disciplined investment strategy, you're setting yourself up for financial security in retirement. Stay focused, stay informed, and continue taking steps towards achieving your goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2143 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 14, 2024

Asked by Anonymous - May 05, 2024Hindi
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Money
Hi Im 36 years old. Started SIP recently from last month. 5k each in parag Parikh growth and quant small cap. Looking for 3-4 crore corpus by end of 60 years. Looking for another sip or lumpsum investment. Preferrimg to stepup sip in coming years. I need advice how to build my portfolio. Annual income around 40L. Looking to start NPS this year. I realised importance of investment quite late
Ans: It's great that you've started your investment journey and are proactive about building wealth for your future. Let's craft a strategy to optimize your portfolio and work towards your goal of accumulating 3-4 crore by the age of 60.

Diversified Portfolio Approach
Current SIP Investments: Your current SIP investments in Parag Parikh Growth and Quant Small Cap funds demonstrate a balanced approach with exposure to both growth and small-cap segments. These funds offer diversification and growth potential in different market environments.

Additional SIP or Lumpsum Investment: Considering your goal and income level, you can further diversify your portfolio by adding SIPs or lumpsum investments in other categories such as large-cap, mid-cap, and balanced funds.

Step-up SIP Strategy: Implement a step-up SIP strategy to align with your increasing income over time. This approach allows you to gradually increase your SIP contributions annually, harnessing the power of compounding for accelerated wealth accumulation.

Portfolio Recommendations
Large-Cap Fund: Start a SIP in a reputable large-cap fund such as Mirae Asset Large Cap Fund or Axis Bluechip Fund. These funds provide stability and consistent returns by investing in established companies with strong fundamentals.

Mid-Cap Fund: Consider adding a mid-cap fund like Kotak Emerging Equity Fund or HDFC Mid-Cap Opportunities Fund to your portfolio. Mid-cap funds offer high growth potential by investing in emerging companies poised for expansion.

Balanced Fund: Include a balanced fund like ICICI Prudential Equity & Debt Fund or HDFC Hybrid Equity Fund for added diversification. These funds invest in a mix of equities and debt instruments, providing stability while capitalizing on growth opportunities.

NPS Investment
Starting NPS this year is a prudent decision, as it offers tax benefits and retirement savings accumulation. Allocate a portion of your annual income towards NPS contributions, considering your risk tolerance and retirement goals. Opt for the Active Choice option to have control over asset allocation and fund selection based on your risk profile.

Regular Review and Adjustment
Periodically review your portfolio's performance and make necessary adjustments based on market conditions, financial goals, and risk tolerance. Rebalance your portfolio to maintain the desired asset allocation and ensure alignment with your long-term objectives.



It's never too late to start investing, and your proactive approach towards financial planning is commendable. By building a diversified portfolio, adopting a step-up SIP strategy, and incorporating NPS for retirement planning, you're laying a strong foundation for future financial security. Stay disciplined, stay informed, and keep moving forward towards your goals.

Best Regards,
K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2143 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 14, 2024

Asked by Anonymous - May 14, 2024Hindi
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Money
how much will 1 crore become in next 15 years if invested in mutual fund?
Ans: It's difficult to say exactly how much your 1 crore investment will become in 15 years if invested in a mutual fund. This is because mutual fund returns can vary depending on several factors, including:

The type of mutual fund: Different mutual funds invest in different assets, such as stocks, bonds, and cash. These asset classes have historically produced different average returns.
The specific mutual fund you choose: Even within a particular asset class, different mutual funds can have different returns due to the holdings of the fund and the skill of the fund manager.
Market conditions: Stock markets can go up and down over time, which can affect the returns of your mutual fund investment.
However, to give you a general idea, let's assume an average annual return of 12% (which is a bit on the higher end for historical equity market returns). Here's a simplified calculation:

Future value = Principal amount * (1 + Annual return) ^ Time horizon
Principal amount = ?1 crore
Annual return = 12%
Time horizon = 15 years
Future value = ?1 crore * (1 + 0.12) ^ 15 = ?5.47 crore (approximately)

Important to note:

This is a simplified calculation and does not take into account factors like inflation, fees, and taxes. Actual returns may vary.
Inflation can erode the purchasing power of your money over time. For example, if inflation is 5% per year, then ?1 crore today will be worth less in 15 years in terms of what you can buy with it.
Mutual funds typically charge fees, which can eat into your returns.
You may also have to pay taxes on your capital gains when you sell your mutual fund investment.

Stay disciplined, stay informed, and keep moving forward towards your goals.

Best Regards,
K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

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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