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Nayagam P

Nayagam P P  |2005 Answers  |Ask -

Career Counsellor - Answered on Jun 20, 2024

Nayagam is a certified career counsellor and the founder of EduJob360.
He started his career as an HR professional and has over 10 years of experience in tutoring and mentoring students from Classes 8 to 12, helping them choose the right stream, course and college/university.
He also counsels students on how to prepare for entrance exams for getting admission into reputed universities /colleges for their graduate/postgraduate courses.
He has guided both fresh graduates and experienced professionals on how to write a resume, how to prepare for job interviews and how to negotiate their salary when joining a new job.
Nayagam has published an eBook, Professional Resume Writing Without Googling.
He has a postgraduate degree in human resources from Bhartiya Vidya Bhavan, Delhi, a postgraduate diploma in labour law from Madras University, a postgraduate diploma in school counselling from Symbiosis, Pune, and a certification in child psychology from Counsel India.
He has also completed his master’s degree in career counselling from ICCC-Mindler and Counsel, India.
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Asked by Anonymous - Jun 20, 2024Hindi
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My daughter is getting iit dhanbad cse and nit thirchy cse, which is better sir?

Ans: NIT-Trichy.
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Ramalingam

Ramalingam Kalirajan  |4806 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 16, 2024

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Hi, I am 23 years old earning a salary of 108k per month after all deductions. I am doing SIP of 21k per month in these following funds:- 1. Parag Parikh Flexi Cap Fund:- 3500 2. Quant Flexi Cap Fund:- 3500 3. Nippon India Large Cap Fund :- 3000 4. Motilal Oswal Mid Cap Fund:- 3500 5. Bandhan Small Cap Fund:- 2500 6. Axis Small Cap Fund:- 2000. 7. Motilal Oswal Nifty India Defence Index Fund:- 3000 Other than these combined contribution towards EPF (employee+employer) = 12800 per month. Please give a review of my portfolio. My investment horizon is for long terms. I will step up my investment depending on my salary increment
Ans: Your portfolio is well-diversified with a mix of flexi cap, large cap, mid cap, and small cap funds. This strategy spreads your risk across different market segments.

Flexi Cap Funds
Parag Parikh Flexi Cap Fund and Quant Flexi Cap Fund: These funds are flexible and invest across various market caps. They provide good diversification and stability.
Large Cap Funds
Nippon India Large Cap Fund: Large cap funds are stable and provide steady returns. They are less volatile compared to mid and small cap funds.
Mid Cap Funds
Motilal Oswal Mid Cap Fund: Mid cap funds offer higher growth potential. They are riskier than large cap funds but can provide better returns over the long term.
Small Cap Funds
Bandhan Small Cap Fund and Axis Small Cap Fund: Small cap funds have high growth potential. They are volatile and should be monitored closely.
Sector Funds
Motilal Oswal Nifty India Defence Index Fund: Sector funds focus on specific industries. They are riskier and should be a smaller part of your portfolio. Consider replacing with an actively managed fund for better returns.
EPF Contribution
EPF Contribution: Your EPF contribution is a good foundation for your retirement savings. It provides stability and tax benefits.
Investment Horizon
Your long-term investment horizon is ideal for your portfolio. It allows you to ride out market volatility and benefit from compounding returns.

Step-up SIP
Step-up SIP: Increasing your SIP amount with salary increments is a smart strategy. It will help you achieve your financial goals faster.
Final Insights
Your portfolio is well-structured for long-term growth. Consider replacing the index fund with an actively managed fund. Regularly review your investments to ensure they align with your goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |4806 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 16, 2024

Asked by Anonymous - Jul 16, 2024Hindi
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I am 37 years , married with 2 years old child, planning for retirement, education and marriage of child.. i have 12 l in FD, 21 l in lumpsum mutual fund, SIP for a year totalling 17000 per month, total assets worth 3 crores.. health insurance worth 1 crore. 3 term plans being paid for and active.. and i make 1.5 lakhs give or take a month.. .. i have started contributing to ssy account and have a education policy in aditya birla too worth around 8 lakhs at the time of maturity .. i have one pension fund being paid for 58000 per year for 15 years, already paid for 10 years... I need a corpus of 5 to 7crores within next 25 years.. am i doing enough? I have no loans or liabilities
Ans: You're on a solid path with your financial planning. Let's assess and refine your strategy to achieve your goals.

Review Current Investments

Your FD of Rs 12 lakhs and lump sum mutual funds of Rs 21 lakhs are good. Your SIP of Rs 17,000 per month shows discipline.

Consider Increasing SIP Amounts

Increasing your SIP amounts gradually can help you reach your corpus goal faster. This can leverage the power of compounding.

Allocate Funds for Retirement

Your goal of 5 to 7 crores in 25 years is achievable. Continue investing in diversified equity mutual funds for long-term growth.

Child's Education and Marriage

Your SSY contributions are a smart move. Consider child-specific mutual funds for additional growth.

Evaluate Your Pension Fund

Your pension fund contribution of Rs 58,000 per year is good. Ensure it aligns with your retirement goals.

Health and Term Insurance

Your health insurance worth Rs 1 crore and three term plans provide good coverage. Maintain these for family security.

Regularly Review and Adjust

Review your portfolio annually. Adjust based on market conditions and personal financial changes.

Consult a Certified Financial Planner

A CFP can help optimize your investment strategy. They can provide tailored advice for reaching your financial goals.

Stay Focused and Disciplined

Consistent investing and disciplined saving are key. Stay focused on your long-term goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |4806 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 16, 2024

Asked by Anonymous - Jul 16, 2024Hindi
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Money
Hello sir - I am 49 and want to retire by 52. I have a MF corpus of about 1.7 crore and PF amount of about 1 crore. I have one loan that I will close by this year end. Can you advise how can I plan to get about 2 lakhs per month post retirement.
Ans: Your goal of retiring at 52 is commendable. Let's plan how you can achieve a monthly income of Rs 2 lakhs post-retirement.

Review Your Current Investments

Your MF corpus of Rs 1.7 crore and PF amount of Rs 1 crore are substantial. Closing your loan by year-end is also a positive step.

Set Up a Systematic Withdrawal Plan (SWP)

Consider setting up an SWP from your mutual funds. This provides a regular income while keeping your capital invested.

Diversify Your Investments

Balance your portfolio with a mix of equity and debt. This reduces risk and ensures steady returns.

Invest in Balanced Advantage Funds

These funds adjust between equity and debt based on market conditions. They offer growth and stability.

Explore Monthly Income Plans

Monthly income plans (MIPs) focus on generating regular income. They invest in debt and equity, aiming for consistent returns.

Consider Debt Funds

Investing in debt funds can provide stable returns. They are less volatile compared to equity funds.

Plan for Inflation

Ensure your investments grow enough to combat inflation. This will help maintain your purchasing power.

Consult a Certified Financial Planner

A CFP can provide a tailored retirement plan. They can help you allocate your investments effectively.

Regularly Review Your Plan

Monitor your investments and make adjustments if needed. Stay flexible to changes in market conditions.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |4806 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 16, 2024

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Money
Dear Sir, could you guide me good Infrastructure fund which has invested in PORT,ROAD building,gati infrastructe ETC
Ans: Investing in infrastructure funds can be a good option for long-term growth. These funds focus on sectors like ports, road building, and transportation infrastructure.

Benefits of Infrastructure Funds
Growth Potential: Infrastructure is a growing sector with high growth potential.
Diversification: Investing in different sub-sectors like ports, roads, and logistics.
Economic Development: These funds benefit from economic development and government policies.
Actively Managed Funds vs Index Funds
Active Management: Actively managed funds have professionals making investment decisions.
Market Trends: Managers can respond to market trends and economic changes.
Research: They conduct in-depth research to select the best-performing assets.
Disadvantages of Index Funds
Passive Strategy: Index funds follow a passive strategy, limiting their flexibility.
No Active Decisions: They do not make decisions based on market conditions.
Less Adaptable: They might not adapt quickly to economic changes.
Direct Funds vs Regular Funds
Direct Funds: These have lower expenses but require investor expertise.
Regular Funds: Managed by professionals, offering better guidance and advice.
Certified Financial Planner: Investing through a Certified Financial Planner ensures better decision-making and financial advice.
Investment Strategy
Portfolio Allocation: Balance your portfolio with a mix of equity and debt funds.
Regular Monitoring: Regularly review and adjust your investments based on performance.
Long-term Perspective: Infrastructure investments should be viewed with a long-term perspective for growth.
Final Insights
Investing in infrastructure funds can provide substantial growth if chosen wisely. Actively managed funds offer better opportunities due to professional management and market adaptability. Ensure a balanced and diversified portfolio for optimal returns.

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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