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Sushil

Sushil Sukhwani  |585 Answers  |Ask -

Study Abroad Expert - Answered on Sep 11, 2023

Sushil Sukhwani is the founding director of the overseas education consultant firm, Edwise International. He has 31 years of experience in counselling students who have opted to study abroad in various countries, including the UK, USA, Canada and Australia. He is part of the board of directors at the American International Recruitment Council and an honorary committee member of the Australian Alumni Association. Sukhwani is an MBA graduate from Bond University, Australia. ... more
Asked by Anonymous - Sep 10, 2023Hindi
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Deat Sir, I am 2nd year B.Tech student (Computer Science) and would like to persue MS either in UK or US. I Dont have any knowledge about the right process. Can you please guide me how should i prepare for the same?

Ans: Hello,

First and foremost, thank you for contacting us. An important move in your academic and professional journey involves preparing to pursue an MS in Computer Science in the UK or the US. For the same, careful planning and preparation is crucial. The process involves the below mentioned steps:

1. Study available options: The first step involves conducting a thorough research on universities and courses offered in both the UK and the US. Take into account each program’s standing, the location, expense, and particular research fields or specialties you are interested in.

2. Academic Readiness: Ensure you have a good academic record. Maintain a high grade point average (GPA) and enroll in specialized courses in your preferred field.

3. Appear for Standardized Tests: English proficiency tests like the TOEFL or IELTS are often required for admission to universities in the UK. On the other hand, the GRE is required by majority of the universities in USA. Look into the unique criteria of your programs’ of interest.

4. Statement of Purpose/Personal Statement: Compose a convincing SOP that highlights your academic and professional ambitions, your reasons for wanting to pursue an MS, and your interest in the said course and university.

5. Recommendation Letters: LoRs are of prime importance in the application process. You will need to submit letters of recommendation from professors who can attest to your intellectual prowess and character.

6. Curriculum Vitae/Resume: Make a strong CV outlining your academic accomplishments, research expertise, apprenticeships, and any pertinent projects or publications you’ve submitted.

7. Plans your Finances: Look into the finance possibilities, scholarships, and opportunities for assistantship. International students studying in both, the UK and the US are offered scholarships.

8. Submission Deadlines: Each university has different deadlines, keep tabs on application deadlines for the programs of your choosing.

9. Visa Prerequisites: Familiarize yourself with the visa requirements to study in the UK or US. The application process for each country is unique, and you will require to apply for a student visa.

10. Prepare for Interviews (if necessary): As part of the application process, certain programs may require students to appear for interviews. Prepare for the same by evaluating your application documents and practicing your answers to such inquiries.

11. Submit your Applications: Via the official websites of the universities or through the application portals, submit your applications. Take note of all the necessary documents and costs.

On receiving admission offers, the next step involves preparing to migrate. As part of this, you should find accommodation, organize your funds, and get the required immunizations or medical exams done. Plan your travel beforehand, and on arrival, attend the orientation program held by the university. Prepare yourself for both academic and cultural adaptations. For assistance, consult academic counselors and avail international student services. Start socializing with other students and professors early. Search for internship openings that match your professional objectives.

The application process being cut-throat, you will need to begin well in advance and work hard on every part of your application. In addition, consult professors, mentors, and former students who have already undergone the procedure. All the very best for your MS journey!

For more information, you can visit our website.
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Sushil

Sushil Sukhwani  |585 Answers  |Ask -

Study Abroad Expert - Answered on May 29, 2024

Asked by Anonymous - Apr 30, 2024Hindi
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Hello sir I m pursuing my CSE and am about to complete it after 2 months. Looking for prospects of going for MS abroad. Kindly guide me the universities and countries in order of preference taking in to consideration expenses part also and should I opt for MS in CSE or in specific area like AI & ML etc. Please also suggest how can I apply for the same.
Ans: Hello. Thank you for coming into contact with us. Pursuing a Master of Science (MS) abroad is a significant step that would boost your career prospects. Let me tell you that both CSE, AI, and ML are tremendously growing sectors. Pursuing either one would be advantageous for you. You may choose to pursue either of them, depending on where your interest lies.

In terms of the ideal countries where you can choose to pursue MS, the USA, Canada, Germany, the UK, and Australia are the best nations. The cost of studying in each nation may vary depending on the country. Furthermore, you can choose to pursue your desired program. Massachusetts Institute of Technology (MIT), Stanford University, Carnegie Mellon University, University of California, Berkeley, California Institute of Technology (Caltech), University of Toronto, University of British Columbia, McGill University, University of Waterloo, and Technical University of Munich (TUM), among many others.

Best of luck for your future. For any further queries, please get in touch with us. We have a team of expert counsellors who can guide you through any concerns or questions you may have.

..Read more

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Ramalingam

Ramalingam Kalirajan  |7987 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Feb 18, 2025

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I am retired from service.need monthly rs.50000 from a corpus of Rs.5 cr. How to invest
Ans: Your requirement is Rs 50,000 per month from a Rs 5 crore corpus. The plan must provide stable income, capital growth, and tax efficiency.

Key Investment Principles
Preserve capital while ensuring steady income.

Beat inflation to maintain purchasing power.

Use a mix of fixed income and market-linked investments.

Ensure tax efficiency for better post-tax returns.

Keep liquidity for emergencies.

How to Allocate the Corpus
1. Fixed Income for Stability (40%)
Invest Rs 2 crore in debt instruments for safety.

Use senior citizen schemes, corporate bonds, and debt mutual funds.

Ensure funds are laddered for liquidity.

Interest income can partially support monthly withdrawals.

2. Equity for Growth (40%)
Invest Rs 2 crore in diversified equity funds.

Select funds with strong track records and active management.

Keep a mix of large-cap and flexi-cap funds.

Withdraw gains systematically to support expenses.

3. Hybrid Investments for Balance (15%)
Allocate Rs 75 lakh to balanced advantage funds.

These adjust equity and debt dynamically.

They help reduce risk while generating returns.

They can provide additional income over time.

4. Liquid Funds for Immediate Needs (5%)
Keep Rs 25 lakh in liquid funds.

This ensures easy access to cash.

Helps meet unexpected expenses without disturbing investments.

Generating Rs 50,000 Monthly
Debt investments will give stable interest income.

Systematic Withdrawal Plans (SWP) from mutual funds can provide steady cash flow.

Ensure withdrawals are tax-efficient.

Rebalance the portfolio once a year.

Tax Considerations
Debt fund withdrawals are taxed as per slab.

Equity LTCG above Rs 1.25 lakh is taxed at 12.5%.

Withdrawals from hybrid funds may have mixed taxation.

Emergency and Medical Planning
Ensure Rs 10 lakh medical insurance.

Keep Rs 25 lakh liquid for sudden needs.

Update nominations in all investments.

Final Insights
This plan gives monthly income while keeping corpus safe.

Equity ensures long-term growth and inflation protection.

Debt provides steady income without high risk.

Regular reviews will keep the plan aligned to your needs.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

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

...Read more

Ramalingam

Ramalingam Kalirajan  |7987 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Feb 18, 2025

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Should I stop SIP of quant infrastructure fund direct growth Invesing from last two year 5000 monthly SIP. If I stop this SIP in which fund should I invest Please suggest.
Ans: Your investment approach needs careful assessment before stopping the SIP. The decision should be based on your risk profile, goals, and portfolio balance.

Assessing the Current SIP in Sectoral Fund
Sectoral funds focus on one industry, making them highly volatile.

They perform well in specific cycles but can be risky in downturns.

Holding them for long-term wealth creation may not be ideal.

If the fund has performed well so far, consider partial exit.

If you seek more stability, shifting to diversified funds is better.

Should You Stop the SIP?
If this is your only SIP, stopping is not recommended.

If you already hold diversified funds, partial withdrawal is an option.

Sectoral funds need regular tracking and rebalancing.

If you don’t have time for active monitoring, consider a switch.

Alternative Investment Options
Diversified Equity Funds
These funds invest in multiple sectors, reducing risk.

They are managed actively to capture market opportunities.

They offer better stability compared to sectoral funds.

Large and Mid-Cap Funds
These funds balance stability and growth potential.

Large caps provide steady returns, while mid-caps offer higher upside.

They are less risky than pure mid-cap or sectoral funds.

Balanced Advantage Funds
These funds shift between equity and debt based on market conditions.

They reduce downside risk during market corrections.

Suitable for investors seeking moderate risk with consistent returns.

Multi-Asset Funds
These invest in equity, debt, and gold for diversification.

They lower risk while ensuring steady performance.

Ideal if you want less market-linked volatility.

Tax Implications if You Redeem
Equity Mutual Funds:

LTCG above Rs 1.25 lakh taxed at 12.5%.

STCG taxed at 20%.

If you shift from sectoral to diversified funds, staggered withdrawals help.

Final Insights
Sectoral SIPs need close tracking; diversified funds offer stability.

If your portfolio lacks balance, shifting is a wise move.

Consider switching to diversified or balanced funds for long-term growth.

Review investments periodically to ensure alignment with goals.

Let me know if you need a specific fund recommendation.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

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

...Read more

Ramalingam

Ramalingam Kalirajan  |7987 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Feb 18, 2025

Asked by Anonymous - Feb 12, 2025Hindi
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Hi am 56 with corpus of 1.4cr in pf Rd 48 lac Ppf 44 lac Kvp 113 ( 226 on maturity i 2031 Nsc 48 lac Bank bal 3 lac Cash 5 lac Mf 57 lac Sip 1.14 cr Lic 10lac Medical insurance 7.5 lac Shares 10 lac Monthly rental income 17k Divident monthly 85k Canni retire With housing lian of 1.15lac pm to be closed in 2028 Expected rent for that house is 55k pm
Ans: Your financial position is strong, but careful planning is required before retirement. Your income sources and expenses must be balanced to ensure financial security. Below is a detailed assessment of your retirement readiness.

Understanding Your Financial Position
Assets and Investments
Provident Fund (PF) & Recurring Deposits (RD): Rs 1.4 crore

Public Provident Fund (PPF): Rs 44 lakh

Kisan Vikas Patra (KVP): Rs 113 lakh (will become Rs 226 lakh in 2031)

National Savings Certificate (NSC): Rs 48 lakh

Bank Balance: Rs 3 lakh

Cash in Hand: Rs 5 lakh

Mutual Funds: Rs 57 lakh

Systematic Investment Plan (SIP): Rs 1.14 crore

Life Insurance (LIC Policy): Rs 10 lakh

Medical Insurance: Rs 7.5 lakh

Shares: Rs 10 lakh

Current Income Sources
Monthly Rental Income: Rs 17,000

Monthly Dividend Income: Rs 85,000

Liabilities and Major Expenses
Housing Loan EMI: Rs 1.15 lakh per month (Ends in 2028)

Potential Rent from Owned House: Rs 55,000 per month (After Loan Closure)

Assessing Retirement Readiness
Income vs Expenses Before 2028
Current Fixed Income: Rs 1.02 lakh (Rent + Dividends)

Loan EMI: Rs 1.15 lakh

Deficit: Rs 13,000 per month

Action Plan: Until 2028, you may withdraw from FD or MF SWP to cover the shortfall.

Income vs Expenses After 2028
Post-Loan Monthly Rental Income: Rs 72,000 (Rs 55,000 + Rs 17,000)

Dividend Income: Rs 85,000 per month

Total Passive Income: Rs 1.57 lakh per month

Action Plan: After 2028, you can comfortably retire as passive income exceeds EMI burden.

Structuring Investments for Stable Retirement Income
Systematic Withdrawal Plan (SWP) for Regular Income
SWP helps generate tax-efficient monthly income.

Withdraw from debt or balanced funds for stability.

Ensure withdrawals are lower than growth rate to protect capital.

Fixed Deposits and NSC for Safe Returns
Keep a portion in short-term deposits for liquidity.

NSC and PPF grow tax-free; use them for future expenses.

Debt and Gilt Funds for Lower-Risk Returns
Keep money in debt funds for moderate risk and higher liquidity.

Gilt funds provide safer fixed returns.

Stocks and Mutual Funds for Growth
Retain some mutual funds for long-term wealth creation.

Actively managed funds perform better than passive index funds.

Keep some equity allocation for inflation protection.

Managing Liabilities and Taxes
Loan Closure Strategy
Consider prepaying a part of the housing loan using FDs or low-return assets.

Once EMI ends in 2028, rental income increases financial stability.

Tax Planning on Investments
Equity MF LTCG above Rs 1.25 lakh taxed at 12.5%.

Debt MF taxed as per income tax slab.

Plan withdrawals efficiently to reduce tax burden.

Final Insights
You can retire comfortably after 2028.

Till 2028, manage EMI burden using existing funds.

Use SWP, dividends, and rental income for stable cash flow.

Keep a mix of equity, debt, and fixed income for risk management.

Ensure proper tax planning for efficient withdrawals.

Let me know if you need a detailed action plan.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

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

...Read more

Ramalingam

Ramalingam Kalirajan  |7987 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Feb 18, 2025

Asked by Anonymous - Feb 17, 2025Hindi
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Sir I m 33 year old women single not working . My mother did fd on my name whose current value is 24 làkh in pnb and I invested 8 lac in large cap conservative fund and 1 lac in mid cap and 1.5 lakh in gold,50k in debt,50 in gilt fund. If I have to look for option to generate monthly income from this what are the options
Ans: Your situation requires a well-structured plan to generate a steady monthly income. You have Rs 24 lakh in fixed deposits and Rs 11.5 lakh in various mutual funds and gold. Below is a detailed analysis and strategy to help you create a reliable monthly income.

Assessing Your Existing Investments
Fixed Deposit (Rs 24 lakh)

This gives stable returns, but interest rates are low.

Interest is taxable as per your income tax slab.

Consider restructuring some of it for better income options.

Large Cap Conservative Fund (Rs 8 lakh)

This fund is stable but may not give high returns.

Monthly withdrawals may reduce future growth.

Keep this for moderate wealth creation.

Mid Cap Fund (Rs 1 lakh)

This has high return potential but also higher risk.

Not ideal for immediate income generation.

Keep this for long-term growth.

Gold Investment (Rs 1.5 lakh)

Gold is a wealth protector, not an income source.

Selling gold for income is not advisable.

Hold gold for financial security.

Debt and Gilt Funds (Rs 1 lakh)

These provide stability but may not give high income.

Keep this for liquidity needs.

Options to Generate Monthly Income
Systematic Withdrawal Plan (SWP) from Mutual Funds
SWP allows monthly withdrawals from mutual funds.

Withdraw only a small portion to protect capital.

Choose actively managed funds for better returns.

Withdraw from conservative large-cap funds for stability.

Rebalancing Fixed Deposits for Better Returns
Break large FD into smaller ones for flexibility.

Keep some FD in a bank for emergency use.

Consider corporate fixed deposits for higher returns.

Opt for laddering FDs for steady income flow.

Senior Citizen Savings Scheme (SCSS) for Your Mother
If your mother is above 60 years, she can invest.

It gives higher fixed returns than regular FDs.

Quarterly interest payments help in cash flow.

Post Office Monthly Income Scheme (POMIS)
This gives fixed monthly income for five years.

Suitable for low-risk investors.

Income is taxable.

Dividend Payout from Mutual Funds
Avoid dividend option in mutual funds.

Dividends are taxed at slab rate.

Use SWP instead for tax-efficient withdrawals.

Ultra Short-Term and Arbitrage Funds for Low-Risk Returns
These funds are better than keeping money in savings.

Suitable for short-term cash management.

Can provide better liquidity and returns than FDs.

Tax Considerations
Fixed Deposit Interest is taxable at your slab rate.

Mutual Fund Redemptions:

Equity funds: LTCG above Rs 1.25 lakh is taxed at 12.5%.

Debt funds: Gains are taxed as per your tax slab.

Gold Investments: LTCG applies after three years.

Final Insights
Use SWP from mutual funds for regular income.

Restructure FD for better flexibility.

Use post office and SCSS (if mother is eligible) for safe income.

Avoid withdrawing from high-growth funds.

Plan tax-efficient withdrawals for higher net income.

Let me know if you need further clarification.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

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

...Read more

Ramalingam

Ramalingam Kalirajan  |7987 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Feb 18, 2025

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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