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Maxim

Maxim Emmanuel  |207 Answers  |Ask -

Soft Skills Trainer - Answered on Apr 06, 2024

Maxim Emmanuel is the marketing director of Maxwill Zeus Expositions.
An alumnus of the Xavier Institute of Management and Research, Mumbai, Maxim has over 30 years of experience in training young professionals and corporate organisations on how to improve soft skills and build interpersonal relationships through effective communication.
He also works with students and job aspirants offering career guidance, preparing them for job interviews and group discussions and teaching them how to make effective presentations.... more
Asked by Anonymous - Mar 27, 2024Hindi
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My son is in 12th and wants to take up Aerospace. Not sure if that’s a right option considering it’s an emerging field in BTech. What the options does he have if he takes Mechanical or electronics? And what does the future hold considering Comp sc and AI are so much in demand and future looks so bright?

Ans: Aerospace is a super speciality, engineering option about aircraft , Its like doing automobile about vehicles.

The mother course is Mechanical Engineering, broadens the horizons of being recruited by an array of companies from Aeronautical onwards to the otters too.

Computer Science appears to have a plethora of candidates and organisations, consider the candidates aptitude & flair for the subject then apply.. Don't get confused!

Well Artificial intelligence is a top on whatever you have selected as a primary subject!
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Shekhar

Shekhar Kumar  |120 Answers  |Ask -

Leadership, HR Expert - Answered on Apr 29, 2024

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My son is doing his 2nd puc with PCMC n will be completing in 2025,, he wants to Persue engineering but confused as to which branch to choose, he is afraid to Persue software as there is recession n due to AI the jobs are less, he is thinking of aeronautical engineering, is it a right Choice?
Ans: A career in aeronautical engineering can indeed be exciting and rewarding for individuals who are passionate about aircraft, spacecraft, and aerospace technology. Aeronautical engineering is at the forefront of innovation, with opportunities to work on cutting-edge technologies, including aircraft design, propulsion systems, avionics, and space exploration. Aeronautical engineers have diverse career paths in the aerospace industry, including roles in aircraft manufacturing, defense contracting, space agencies, research institutions, and academia. There are opportunities to specialize in areas such as aerodynamics, structures, materials, propulsion, and systems integration. The aerospace industry is global, offering opportunities to work with multinational companies and collaborate on international projects. Aeronautical engineers may have the chance to travel and work in different countries, contributing to global initiatives in aviation and space exploration. In the field of aeronautical engineering, several high-paying job positions are available, especially for professionals with advanced degrees, specialized skills, and significant experience. Senior aerospace engineers lead and manage complex projects, oversee design and development processes, and provide technical expertise in areas such as aircraft systems, propulsion, structures, and aerodynamics. They may also be involved in research, testing, and certification activities. Lead aircraft design engineers are responsible for conceptualizing, designing, and developing new aircraft or modifications to existing aircraft. They lead multidisciplinary teams, manage design projects, and ensure compliance with regulatory standards and customer requirements. Flight test engineers conduct and oversee flight testing activities to evaluate aircraft performance, stability, and handling characteristics. They design test plans, analyze flight data, and collaborate with pilots, engineers, and technicians to validate aircraft designs and systems. Senior avionics engineers specialize in the design, integration, and testing of aircraft electronic systems, including navigation, communication, surveillance, and control systems. They ensure the reliability, functionality, and compliance of avionics equipment with safety and performance standards. Senior aerospace systems engineers oversee the integration and optimization of complex aerospace systems, such as aircraft platforms, spacecraft, satellites, or unmanned aerial vehicles (UAVs). They coordinate system-level design, development, and testing activities to meet program objectives and customer requirements. Senior R&D engineers lead research and development projects focused on advancing aerospace technologies, materials, processes, and manufacturing techniques. They collaborate with academic institutions, government agencies, and industry partners to drive innovation and technological breakthroughs.

These jobs in aeronautical engineering require technical knowledge, leadership skills, and a track record of successful project execution. Professionals who work in the aerospace industry require professional certifications or licenses relevant to their specialization. Overall, a career in aeronautical engineering offers an exciting blend of innovation, exploration, and impact, making it a great choice for individuals who are passionate about pushing the boundaries of flight and exploring the frontiers of aerospace technology.

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Ramalingam

Ramalingam Kalirajan  |1668 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 08, 2024

Asked by Anonymous - Apr 18, 2024Hindi
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I am 23 years old now earning 25k how and in which should i start investing as a beginner ?
Ans: It's fantastic that you're thinking about investing at such a young age. Here's a beginner-friendly guide to get you started:

Emergency Fund: Before you begin investing, ensure you have an emergency fund in place to cover unexpected expenses. Aim to save at least 3 to 6 months' worth of living expenses in a high-yield savings account.
Start Small: Since you're just starting, it's okay to begin with small amounts. Consider setting aside a portion of your income, such as 10-20%, for investing each month.
Understand Your Goals: Determine your financial goals, whether it's saving for a house, retirement, or travel. Your goals will help you decide where to invest and how much risk you can take.
Explore Investment Options: As a beginner, you can start with low-cost investment options like mutual funds or exchange-traded funds (ETFs). These allow you to invest in a diversified portfolio without needing a large amount of money.
Consider SIPs: Systematic Investment Plans (SIPs) are a popular way to invest in mutual funds regularly. You can start with SIPs that match your risk tolerance and investment goals.
Educate Yourself: Take the time to learn about different investment options, risk management, and personal finance concepts. There are plenty of resources available online, including books, articles, and courses.
Seek Professional Advice: If you're unsure about where to start, consider consulting with a Certified Financial Planner. They can help you create a personalized investment plan based on your financial situation and goals.
Remember, investing is a long-term journey, and it's essential to stay patient and disciplined. Start early, stay consistent, and you'll be on your way to building wealth for the future. Good luck!

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Ramalingam

Ramalingam Kalirajan  |1668 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 08, 2024

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Hi I have been investing 10 funds not sip.just 3000sip to 360(94000)now focused. Axis small.1.66lac sofar.parakh flexi 150lac or more nd navi next 50 1lac8000.pgim flexi97000.edelweisss balanced 86000 navy us 100 nasadaq.mira large 59000 now nd grow small 250 index 10000 only( new).all the above funds started in 2021. Pls tell me iam the right track.any funds to drop. My name is dev 54yrs and iam also investing in stocks around 7lacs .nd so far. I have fd also rental income.
Ans: Hi Dev! It's great to see your commitment to investing and diversifying your portfolio. Here are some insights to help you stay on track:
• Diversification: Your portfolio seems well-diversified across various mutual funds, which is essential for managing risk. Keep in mind the importance of diversification to spread risk and optimize returns.
• Review: Regularly reviewing your portfolio is crucial to ensure it aligns with your financial goals and risk tolerance. Consider assessing the performance of each fund and its contribution to your overall portfolio returns.
• Consolidation: With a relatively large number of funds, it might be beneficial to assess whether some funds are overlapping in terms of holdings or objectives. Consider consolidating funds with similar objectives to simplify your portfolio and reduce complexity.
• Monitoring: Keep a close eye on the performance of your investments, including stocks and mutual funds. Stay informed about market trends and any changes in fund management or strategy that may impact your investments.
• Professional Advice: Consider consulting with a Certified Financial Planner to review your portfolio comprehensively. They can offer personalized advice based on your financial goals, risk tolerance, and investment horizon.
• Risk Management: Ensure that your portfolio is balanced in terms of risk exposure. While some allocation to stocks can offer growth potential, make sure it aligns with your risk tolerance, especially considering your age and investment horizon.
Overall, you're on the right track with your investments. By regularly reviewing and adjusting your portfolio as needed, you can work towards achieving your financial goals. Keep up the good work!

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Ramalingam

Ramalingam Kalirajan  |1668 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 08, 2024

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Hi Experts, My parents are senior citizens. They didnt have income and dependent on me. I want to make them independent by creating some regular income around 10k to 15k every month. I can invest a lumpsum of 15L to genrate the returns for them. Please suggest a good return option for my parents. I went througn SIP, SWP and other funds. But im not clear.i can take moderate to low risk. My aim is to provide them some regular income every month. Thanks.
Ans: ! It's admirable that you're seeking ways to ensure financial security for your parents. Here's a tailored suggestion to meet your goal:
• Given your moderate to low risk appetite and the objective of generating regular income for your parents, investing the lump sum of 15 lakhs in a combination of debt mutual funds and Senior Citizen Savings Scheme (SCSS) can be a prudent choice.
• Debt mutual funds offer relatively stable returns compared to equity funds and can be ideal for generating regular income. Opt for debt funds with a focus on short to medium-term instruments to minimize interest rate risk.
• Consider allocating a portion of the lump sum to a well-diversified debt mutual fund portfolio comprising short-duration funds, corporate bond funds, and banking and PSU funds. These funds have the potential to provide regular income through periodic interest payouts.
• Additionally, investing a portion of the lump sum in the Senior Citizen Savings Scheme (SCSS) can offer guaranteed returns along with tax benefits. SCSS is specifically designed for senior citizens and provides a fixed interest rate payable quarterly.
• It's crucial to assess the risk associated with each investment option and ensure adequate diversification to mitigate risks. Regularly review the portfolio's performance and make adjustments as needed to meet your parents' income requirements.
• Lastly, consult with a Certified Financial Planner to tailor an investment strategy that aligns with your parents' financial goals, risk tolerance, and investment horizon. They can provide personalized guidance and help you navigate the complexities of investment options to achieve your desired outcome.
By following these steps, you can create a reliable source of income for your parents and help them achieve financial independence. Best of luck!

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Ramalingam

Ramalingam Kalirajan  |1668 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 08, 2024

Asked by Anonymous - Apr 14, 2024Hindi
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Hi, I earn 1.5 lakh/month. I want to know what all investment should i do in balanced form(PPF, NPS, SIP). I majorly want to know what mutual fund to pick for long term (kind name the fund i should pick). Also I have 15lakh lumpsump in acc, so where should i invest it for better return
Ans: It's great to see your interest in financial planning. Let's chart out a balanced investment strategy for you:
• With your monthly income of 1.5 lakhs, you're in a strong position to build wealth steadily over time. It's wise to allocate a portion of your income towards various investment avenues to achieve a balanced portfolio.
• Mutual funds offer a great opportunity for long-term wealth creation. Consider investing in a mix of large-cap, mid-cap, and flexi-cap equity funds through Systematic Investment Plans (SIPs). These funds have the potential to generate higher returns over the long term compared to traditional investment options like PPF and NPS.
• When selecting mutual funds, opt for well-established funds with a proven track record of delivering consistent returns over different market cycles. Look for funds managed by experienced fund managers and backed by reputable fund houses. Diversifying your mutual fund investments across different categories can help mitigate risks and maximize returns.
• As for your lump sum of 15 lakhs, consider investing it in a combination of equity and debt mutual funds based on your risk appetite and investment horizon. Equity funds offer the potential for higher returns over the long term, while debt funds provide stability and income generation.
• It's essential to align your investment strategy with your financial goals, risk tolerance, and investment horizon. Regularly review your portfolio to ensure it remains on track to meet your objectives and make adjustments as needed.
Remember, investing is a marathon, not a sprint. Stay disciplined, stick to your investment plan, and seek guidance from a Certified Financial Planner if needed to make informed decisions about your financial future. Keep up the good work!

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Ramalingam

Ramalingam Kalirajan  |1668 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 08, 2024

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Hello, My name is AB from Delhi. My age is 34. I have my own house. Having rented income of 20k. In my family my wife she is 33 and Housewife, my daughter 10months and planning for a baby in a year. I am earning around 50k month. No loan, no debt nothing. I have 2 lacs in emergency fund. I am having 15k medical insurance for all 3 of us of 5lac and will increase it to 10lakh or more from next year. Term insurance of 1crore. Sukanya opened in April 2024. I am doing stock market but not more than 50k overall and not planning to invest more. I am doing 6 SIPs. Below are the details. All are Direct Plans. PFA Mirae large and Mid - 2500 (22nd Nov 2023) Parag Flexi cap - 3500 (22nd Nov 2023) Quant small cap - 3000 (18th Dec 2023) HDFC Flexi Cap - 2500 (15th March 2024) Nippon India small cap - 2500(28th March 2024) UTI Nifty 50 Index Fund - 2500(26th March) I have some 25lacs with me because I sold one of my property. So planning for property is there anything else I can do with 25lacs? My questions are as follows:- 1. Review my portfolio I will invest Max 20k a month Should I add more SIP's or should I change some from above? 2. My goals are my children's education and marriage. 3. Wealthy and Retirement plan 4. Lumsum Amount 5. Need some lacs in every 4-5 years like for admission or for some emergency. 6. Want a luxury life for my family. 7. After 20 years I want 2.5cr. How much and where I have to invest?
Ans: It's evident that you've taken proactive steps to secure your family's financial future, AB. Let's address your questions systematically:
1. Portfolio Review: Your current portfolio reflects a well-diversified approach with exposure to large-cap, mid-cap, flexi-cap, and small-cap funds. However, since your investment horizon is long-term, you might consider adding more mid-cap and small-cap funds to potentially enhance returns. Additionally, periodically review your portfolio to ensure it remains aligned with your goals and risk tolerance.
2. Children's Education and Marriage: Your SIP investments can serve as a solid foundation for funding your children's education and marriage. Consider increasing your SIP contributions gradually over time to meet these goals effectively.
3. Wealth and Retirement Planning: Given your current financial situation and goals, focusing on building a diversified investment portfolio comprising equity, debt, and other asset classes is crucial. Consult a Certified Financial Planner to develop a comprehensive wealth and retirement plan tailored to your specific needs and aspirations.
4. Lump Sum Investments: With the 25 lakhs from selling your property, consider diversifying your investments across various asset classes such as mutual funds, stocks, bonds, and fixed deposits to optimize returns and manage risk.
5. Emergency Fund: Your emergency fund of 2 lakhs is a prudent move. As your financial responsibilities increase, consider gradually increasing this fund to cover at least 6-12 months of living expenses.
6. Luxury Life: Achieving a luxury lifestyle requires careful financial planning and disciplined savings. Allocate a portion of your monthly income towards discretionary expenses while ensuring you prioritize long-term goals.
7. Long-term Wealth Target: To achieve your target of 2.5 crores in 20 years, focus on consistent investing in equity mutual funds, which historically have provided higher returns over the long term. Review your portfolio periodically and make adjustments as needed to stay on track towards your wealth accumulation goal.
Remember, financial planning is an ongoing process, and it's essential to periodically review and adjust your strategy based on changes in your life circumstances, financial goals, and market conditions. By staying disciplined and seeking professional guidance when needed, you can work towards building a secure financial future for you and your family.

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Ramalingam

Ramalingam Kalirajan  |1668 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 08, 2024

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Hi , i am working in PSU Bank , i am presently investing 30k - 20k in mutual funds ( 5k each in parag flexi, hdfc flexi and mirae mid large , 2k in quant mid ,3k in quant small cap and i am doing RD of 7k per month and 3k in ppf , what do u think about my investment and any changes u think that i shall take ? My goal is long term wealth creation.
Ans: It's commendable that you're actively investing towards your long-term wealth creation goals. Your disciplined approach towards investing is a positive step in securing your financial future.

Diversifying your investments across various asset classes, such as mutual funds, RDs, and PPF, is a prudent strategy for long-term wealth accumulation. By spreading your investments, you're effectively reducing risks and optimizing returns.

Mutual funds offer the benefit of professional management and access to a diversified portfolio of securities. Actively managed funds, in particular, are managed by experienced fund managers who actively select and manage investments to achieve the fund's objectives. This can potentially lead to higher returns compared to passive investment options like index funds.

However, it's essential to periodically review your investment portfolio to ensure it remains aligned with your financial goals and risk tolerance. Consider consulting with a Certified Financial Planner (CFP) who can provide personalized advice tailored to your specific circumstances.

While RDs and PPFs offer stability and security, they may not provide the same level of growth potential as equity mutual funds. Therefore, it's crucial to strike the right balance between risk and return based on your investment horizon and financial objectives.

As you continue your investment journey, stay focused on your long-term goals and remain disciplined in your approach. Regularly monitor your investments and make adjustments as necessary to keep pace with changing market conditions and personal circumstances.

Remember, wealth creation is a journey that requires patience, diligence, and a well-thought-out investment strategy. By staying committed to your financial plan and seeking professional guidance when needed, you're on the right path towards achieving your financial aspirations.

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Ramalingam

Ramalingam Kalirajan  |1668 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 08, 2024

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Hello Sir. I'm 38 years old.I am investing via SIP in SBI SMALL CAP FUND (2500 pm)since 2023 . Now i have got extra salary 6000/- Rs for month .so I want invest this amount via sip.Please Give me suggestions some good funds
Ans: Investing is a vital step towards securing your financial future, and it's wonderful that you're considering it. Making informed decisions about your investments is crucial for long-term financial well-being.

It's understandable to feel overwhelmed or uncertain, especially if you're new to investing. However, with careful planning and guidance, you can navigate the world of investments with confidence.

As a Certified Financial Planner, my goal is to assist you in achieving your financial objectives while minimizing risks and maximizing returns. I'm here to provide you with personalized advice tailored to your unique circumstances and goals.

While real estate may seem like an attractive investment option, it's essential to recognize the potential drawbacks, such as illiquidity, high transaction costs, and market volatility. Diversifying your investment portfolio across different asset classes can help mitigate risks and optimize returns.

When it comes to mutual funds, actively managed funds offer the benefit of professional management and the potential to outperform the market. These funds are managed by experienced fund managers who actively select and manage investments to achieve the fund's objectives.

On the other hand, index funds, while low-cost and passively managed, may lack the potential for outperformance and may not be suitable for all investors. Additionally, the performance of index funds is directly linked to the underlying index, limiting flexibility and potential returns.

Direct funds, while appealing for their lower expense ratios, require investors to make investment decisions independently. However, investing through a Certified Financial Planner who is also a Mutual Fund Distributor (MFD) can provide valuable expertise and guidance, ensuring that your investment strategy aligns with your financial goals and risk tolerance.

Remember, the key to successful investing lies in careful planning, diversification, and seeking professional advice when needed. With a well-thought-out investment strategy and disciplined approach, you can work towards achieving your financial aspirations and securing a brighter future.

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Ramalingam

Ramalingam Kalirajan  |1668 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 08, 2024

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I am 40 years old, working as a Chief Manager in a PSU Bank. My net monthly income is around 1.60 lakhs p.m. I have savings and investments of Rs 20 lakhs in Various MFs via SIPs. Rs 3.00 lakhs in PPF, Rs 23.00 lakhs in PF, Rs 17.00 lakhs in bank deposits and Rs 4.00 lakhs in stocks. I want to retire at 50. How much corpus do I need and how to invest to achieve it in the next 10 years ? (I am a single father, having a daughter and my parents to take care of)
Ans: It's great that you're planning ahead for your retirement and considering your responsibilities towards your daughter and parents. Here's a strategy to help you achieve your retirement goal:

Calculate Retirement Corpus: Estimate your retirement expenses based on your current lifestyle and expected future needs. Consider factors like inflation, healthcare costs, and any additional expenses for your daughter's education and your parents' care. Aim for a retirement corpus that can sustain your lifestyle and cover these expenses.
Investment Strategy: Given your 10-year time horizon, you can adopt an aggressive investment approach with a focus on wealth accumulation. Since you already have investments in various MFs, PPF, PF, bank deposits, and stocks, ensure that your portfolio is diversified across asset classes to manage risk effectively.
Asset Allocation: Review your existing asset allocation and make adjustments as needed to align with your retirement goals and risk tolerance. Consider allocating a higher percentage of your portfolio to equities for long-term growth potential, supplemented by fixed income investments for stability.
Maximize Contributions: Continue to maximize contributions to your PF and PPF accounts, as they offer tax benefits and provide a secure foundation for your retirement savings. Additionally, explore other tax-efficient investment options like NPS (National Pension System) to further boost your retirement corpus.
Regular Review: Regularly review your investment portfolio to ensure it remains aligned with your retirement goals and risk tolerance. Rebalance your portfolio periodically to maintain the desired asset allocation and take advantage of market opportunities.
Professional Advice: Consider consulting with a Certified Financial Planner who can evaluate your financial situation, assess your retirement needs, and recommend a customized investment strategy tailored to your goals and circumstances.
By following these steps and staying disciplined in your savings and investment approach, you can work towards building a sufficient retirement corpus to retire comfortably at 50 while fulfilling your responsibilities towards your daughter and parents. Remember, consistency and patience are key to achieving your long-term financial goals.

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Ramalingam

Ramalingam Kalirajan  |1668 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 08, 2024

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I'm a 35 working professional who has been careless with his money for a very long time..wasted it on food and games and going out..I would like to start saving for the future and for retirement..I have around 15k that I can set aside for investments..Pls guide me in which areas I should focus my investments on and how diverse they should be..Any specific funds would be of great help as I have no clue about this market
Ans: It's never too late to start saving and investing for your future, and it's great that you're ready to take control of your finances. Here's a step-by-step guide to help you get started:

Emergency Fund: Before diving into investments, make sure you have an emergency fund to cover unexpected expenses like medical emergencies or job loss. Aim to have at least 3-6 months' worth of living expenses saved in a high-yield savings account.
Debt Management: If you have any high-interest debt like credit card debt or personal loans, prioritize paying them off. High-interest debt can eat into your savings and hinder your financial progress.
Budgeting: Create a monthly budget to track your income and expenses. This will help you identify areas where you can cut back on unnecessary spending and allocate more towards savings and investments.
Investment Goals: Determine your investment goals, whether it's saving for retirement, buying a house, or funding your children's education. Having clear goals will help you choose the right investment options and stay focused on your objectives.
Diversification: Diversification is key to managing risk in your investment portfolio. Consider diversifying across different asset classes like equities, bonds, and real estate, as well as within each asset class.
Start with Mutual Funds: Mutual funds are a great option for beginner investors as they offer diversification and are managed by professional fund managers. You can start with equity mutual funds for long-term wealth creation and debt mutual funds for stability and income.
Asset Allocation: Determine your risk tolerance and investment horizon to decide on the appropriate asset allocation for your portfolio. Typically, younger investors with a longer time horizon can afford to take on more risk and allocate a higher percentage to equities.
Regular Investing: Set up a systematic investment plan (SIP) to invest a fixed amount regularly in mutual funds. This will help you benefit from rupee cost averaging and take advantage of the power of compounding over time.
Seek Professional Advice: Consider consulting with a Certified Financial Planner who can assess your financial situation, understand your goals, and recommend suitable investment strategies tailored to your needs.
Remember, investing is a journey, and it's important to stay disciplined, patient, and informed along the way. With consistent saving and smart investing, you can build a solid financial foundation for the future.

...Read more

Ramalingam

Ramalingam Kalirajan  |1668 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 08, 2024

Asked by Anonymous - May 08, 2024Hindi
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Hi Sir, i have invested Rs 2 lacs in HDFC Manufacturing NFO. I am looking at a horizon of 5 years plus. Is it a good decision? If 5 years is a good timeline for appreciation, do you suggest i invest a little more , around 3 lacs so total 5 lacs? Kindly suggest.
Ans: It's great to see your interest in exploring investment opportunities, but it's important to carefully evaluate your options, especially with thematic funds like HDFC Manufacturing NFO. Here's some advice to consider:

Thematic funds like HDFC Manufacturing NFO focus on specific sectors or themes, in this case, the manufacturing sector. While these funds can offer potential for high returns during favorable market conditions, they also come with higher risks and volatility due to their concentrated exposure. Here are some key points to consider:

Risk and Volatility: Thematic funds are inherently riskier than diversified equity funds because they invest in a specific sector or theme. Any adverse developments or changes in the sector's fundamentals can significantly impact the fund's performance.
Cyclical Nature: Sectoral funds are often cyclical, meaning their performance is closely tied to the economic cycles and business cycles of the specific sector they invest in. This can lead to periods of outperformance followed by periods of underperformance.
Lack of Diversification: Thematic funds lack diversification as they focus on a specific sector or theme. Diversification is crucial for reducing risk and minimizing the impact of adverse events in any particular sector.
Long-Term Considerations: While thematic funds can offer short-term gains during favorable market conditions, they may not be suitable for long-term wealth creation. Diversified equity funds, on the other hand, provide broader exposure to multiple sectors and companies, reducing concentration risk.
Considering these factors, it's important to assess whether the potential benefits of investing in HDFC Manufacturing NFO outweigh the risks, especially given your investment horizon of 5 years plus. Instead of concentrating your investments in a single thematic fund, you may consider diversifying your portfolio by investing in a mix of diversified equity funds across different market segments. This approach can help spread risk and potentially offer more stable returns over the long term.

As for investing an additional 3 lakhs in HDFC Manufacturing NFO, it's advisable to first evaluate your overall asset allocation, risk tolerance, and investment goals before making any further commitments. Consulting with a Certified Financial Planner can provide personalized guidance tailored to your financial objectives and help you make informed investment decisions.

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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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