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Krishna

Krishna Kumar  |261 Answers  |Ask -

Workplace Expert - Answered on Apr 24, 2024

Krishna Kumar is the founder and CEO of GoMoTech, a company that provides strategic consulting in B2B sales, performance management and digital transformation.
Before branching out on his own, he worked with companies like Microsoft, Rediff, Flipkart and InMobi.
With over 25 years of experience under his belt, KK is a regular speaker at industry events and academic intuitions, both in India as well as abroad.
KK completed his MBA in marketing from the Sri Sathya Sai Institute of Higher Learning in Andhra Pradesh and his management development programme from XLRI, Jamshedpur.
He has also completed his LLB from Nagpur University and diploma in PR from Bhavan’s College of Management, Nagpur, where he was awarded a gold medal.... more
Asked by Anonymous - Apr 12, 2024Hindi
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I am going to graduate this year with a BTech in Electrical engineering in 2024 from a no-name college, i am already placed in tier 1 automotive manufacturing industry and earning 32k/month! I am not satisfied with this and want to earn more! I am looking to pursue Masters ( Mtech or MBA or both) but i have low score in 10th (74%) and 12th (PCM 67.%). What should I do ?? I don't even have a strong resume ( right now). I want to earn atleast 1 lac/month. Can you plan something out for me.

Ans: Hello

You just started your career, may I request you focus on creating value for the organisation, your company has taken a bet on you, it's your responsibility to think about them as well.

All the best.
Career

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Sushil

Sushil Sukhwani  |333 Answers  |Ask -

Study Abroad Expert - Answered on Jan 18, 2024

Asked by Anonymous - Jan 01, 2024Hindi
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I am a 3rd year BTech student studying mechanical engineering from a low ranked tier 2 IIT. My cgpa will definitely be less than 6.8 by the time I graduate. What can I consider in order to pick up and still have a good career. 1. Attempt gate and try PSU job, 2. Attempt gate and go for Mtech in IITs. 3. Go for Masters in Germany irrespective of the uni since I have a low gpa and cannot be accepted into top universities of Germany. Higher education in any other countries is out of question as we can't afford it.
Ans: Hello,

To begin with, thank you for contacting us. I am happy to hear that you are currently pursuing the 3rd year of your Bachelor’s of Technology (B.Tech) degree in Mechanical Engineering. As an answer to your query, I would like to tell you that although your CGPA will be low, in order to guarantee a thriving career, you have a few options that you can take into consideration. Remember that each possibility has its own pros and cons.

Concerning your query as to whether you should attempt GATE and pursue a PSU job, I would like to tell you that GATE scores are frequently taken into account by PSUs during the hiring process. If you are keen on working in the public sector, then this is surely a good choice. I would suggest that concentrating on the particular prerequisites of the PSUs you are interested in, you study hard for the GATE. Next, considering if you should attempt GATE and pursue Master’s of Technology (M.Tech) at an IIT, I would like to say that this can be a wise decision particularly if you are dedicated to this field of study and have a keen interest in research or specialization. Remember, at a number of esteemed universities, to secure admissions to postgraduate courses, GATE scores are vital, and thus, I would suggest that you prepare well and strive to achieve a high GATE score. Also, make sure that your application throws light on your abilities and pertinent work experiences. Concerning your 3rd option i.e. to pursue Master’s in Germany, you would be happy to hear that a number of German universities offer English-taught programs, and thus, continuing your studies there would be a viable choice. The country is renowned for the robust engineering education it offers, and in comparison to a few other nations, the living expenses in Germany can be much cheaper. Despite having a low GPA, concentrate on drafting a strong application that outlines your abilities and experiences.

Remember, your hobbies, professional objectives, as well as your own circumstances play a key role in deciding the best fit. Think about what best resonates with your goals and work hard to get ready for the chosen course. I would also recommend that you engage in internships or projects in order to acquire hands-on experience, this can in turn, bolster your profile and boost your competitiveness in the labor market or for further studies.

For more information, you can visit our website.

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Patrick

Patrick Dsouza  |211 Answers  |Ask -

CAT, XAT, CMAT, CET Expert - Answered on May 06, 2024

Asked by Anonymous - May 03, 2024Hindi
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I am a bcom general graduate with 73.52% in 2022, after that i taken gap years for mba entrance preparation but not able to crack or get desired percentile in any. Currently in 2024 i am repeating again for mba entrances to secure admission in 2025. I have no work or internships experience, no awards or certifications. I got 51.17 in 12th commerce and 54.71 in 10th. I got only a digital marketing beginner certification by google digital garage earlier on 2023. Currently i taken a digital marketing course from udemy of digital marketing to hone and develop the required skills I have been searching and applying for jobs since graduating but not able to get any desired one. Now i want to get into a good mba college tier 2 because may not eligible for tier 1 and 1.5 as per my profile but i will try anyways. So for that i need to make my profile good and need certifications and jobs or internships. I interest in sales, marketing, more but also Hr domain. But nowadays i am only getting Inssurance sales, bpo, telecaller or telemarketer, Kpo, sustomer support type jobs of around avg salary of 150000 pa. Which a 12th pass candidate also getting. I often thinks to get into bpo to gain experience and money to fill my profile and manage preparation expenses but also fear that what if i get stuck in that industry. I wanted to do mba to enchance and start my career in a management role to achieve a leadership role in upcoming years as a professional in sales and marketing industry. I don't know, i think i am stucked and lost in spiral web between situations and aspiration. I also thinking to get into banking or try govt. Exams to secure a job but i also feel that it will distract me more from my real life goals. I was not a great student or person earlier but now i am changed i know my responsibilities and i know my goals but i want a clear view to walk on that path. Please help with your genuine guidance. THANK YOU
Ans: You can write MBA entrance exams but simultaneously try and get some experience. Even if you do not get job in the area of your interest, try to look for other areas that could interest you where you can get some work ex. Internship usually does not have much value during admission to B schools.

..Read more

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Ramalingam

Ramalingam Kalirajan  |1465 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

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Myself and my spouse are working and have 2 kids -9 & 10 years. We are in our early 40 and acquired corpus of 3 cr. Corpus 2.3 crore is in EPF , PPF , Sukanya for both children and rest in NPS (75 % equity) and mutual fund. We have recently increased Mutual fund investment after our home loan finished and doing SIP in large and mid cap index funds for 450000 pm. As we have more in debt investment due to EPF and PPF investment, is it wise to increase MF at this age. We are investing 6 laks PA in PPf and Sukanya account and are confused whether to reduce this amount and contribute more to MF. We have saving capacity of 15 lakhs per annum after our mandatory 12 % EPF contribution.
Ans: You've done an excellent job of building a substantial corpus for your family's future, and your commitment to both debt and equity investments is commendable. Let's delve into whether it's wise to increase your mutual fund (MF) investments at this stage and whether to adjust your contributions to PPF and Sukanya accounts:

Assess Your Financial Goals: Consider your financial goals, time horizon, and risk tolerance when deciding on the allocation between debt and equity investments. While debt instruments like EPF, PPF, and Sukanya Samriddhi Yojana offer stability and tax benefits, equity investments through MFs provide growth potential over the long term.
Diversification is Key: It's important to maintain a diversified investment portfolio that balances risk and return. Given your substantial debt investments in EPF, PPF, and Sukanya accounts, increasing your exposure to equity through MFs can help diversify your portfolio and potentially enhance returns, especially considering your long investment horizon.
Evaluate Investment Horizon: At your age, you still have a significant investment horizon ahead of you, which allows you to benefit from the power of compounding and weather market fluctuations. Since equity investments tend to perform well over the long term, increasing your MF contributions can be a prudent strategy to capitalize on growth opportunities.
Review Your Financial Position: Assess your current financial position, including your income, expenses, and savings capacity, to determine if you have the flexibility to allocate more funds towards MF investments. Given your saving capacity of 15 lakhs per annum after EPF contributions, you may consider redirecting a portion of these savings towards MFs to achieve a balanced portfolio.
Consult a Financial Advisor: Consider consulting with a Certified Financial Planner to evaluate your investment strategy holistically. A financial advisor can help assess your risk profile, recommend suitable asset allocation, and tailor an investment plan aligned with your financial goals and aspirations.
Regularly Monitor and Adjust: Continuously monitor your investment portfolio and make adjustments as needed based on changes in your financial situation, market conditions, and investment objectives. Stay informed about investment opportunities and make informed decisions to optimize your portfolio's performance over time.
Ultimately, the decision to increase MF investments and adjust contributions to PPF and Sukanya accounts depends on your individual circumstances, goals, and risk appetite. By carefully evaluating these factors and seeking professional advice, you can make informed decisions to build a robust and diversified investment portfolio that serves your family's long-term financial well-being.

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Ramalingam

Ramalingam Kalirajan  |1465 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Asked by Anonymous - Apr 18, 2024Hindi
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I am 52,going to retire this year with a 2.5 cr corpus without any pension. Please advise me a good retirement plan for regular income. I am a moderate risk taker. Presently my monthly expenses are 70 k.
Ans: Given your impending retirement and moderate risk tolerance, it's crucial to create a retirement plan that provides a regular income stream while preserving your capital. Here's a suggested retirement plan tailored to your needs:

Systematic Withdrawal Plan (SWP): Set up a Systematic Withdrawal Plan from your remaining corpus to supplement your annuity income. Determine a withdrawal rate that meets your monthly expenses while ensuring your savings last throughout retirement. Opt for a conservative withdrawal rate to safeguard against market volatility.
Income-Oriented Mutual Funds: Allocate a portion of your corpus to income-oriented mutual funds or dividend-paying stocks. These investments can provide regular dividends or interest income, further augmenting your retirement income stream. Focus on funds with a track record of consistent payouts and stable returns.
Fixed Deposits and Bonds: Consider allocating a portion of your corpus to fixed deposits or bonds for stability and income generation. Choose investment-grade bonds or government securities to minimize credit risk. Opt for shorter maturity periods to maintain liquidity and flexibility.
Emergency Fund: Set aside a portion of your corpus as an emergency fund to cover unforeseen expenses or emergencies. Aim to maintain at least six to twelve months' worth of living expenses in a liquid and easily accessible account.
Regular Portfolio Reviews: Regularly review your retirement portfolio to ensure it remains aligned with your financial goals and risk tolerance. Consider consulting with a Certified Financial Planner to periodically assess your retirement plan and make adjustments as needed.
Health Insurance: Invest in comprehensive health insurance coverage to protect against medical expenses during retirement. As healthcare costs tend to rise with age, having adequate insurance coverage is essential to safeguard your retirement savings.
By implementing this retirement plan, you can enjoy a steady income stream while preserving your capital for the long term. Remember to prioritize financial security and peace of mind as you transition into retirement. Congratulations on reaching this milestone, and best wishes for a fulfilling retirement journey ahead!

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Ramalingam

Ramalingam Kalirajan  |1465 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

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Sir, Now I am 55 and started investing since last two years ago, due to family responsibilities. Now I am investing in (1) HDFC Midcap opportunities fund direct plan Rs 5000 (2) Mirae asset large cap and mid cap fund direct growth plan Rs 5000 (3) Nippon India Small Cap fund direct growth plan Rs 8000 (4) Parag Parikh flexicap fund RS 2000 per month. I will be remain invested for min 10 years. And retired with normal corpus. Not big. Please suggest for investment, Within Rs 20000- per month.
Ans: It's never too late to start investing, and it's admirable that you've taken this step towards securing your financial future, especially with family responsibilities and approaching retirement. Let's explore some suggestions for your investment within your budget of Rs 20,000 per month:

Diversify Your Portfolio: Your current portfolio already includes a mix of mid-cap, large-cap, small-cap, and flexi-cap funds, which is a good start. To further diversify, consider adding a balanced fund or a hybrid fund, which invests in a mix of equities and debt instruments. This can provide stability while still offering growth potential.
Consider Debt Investments: As you approach retirement, it's essential to balance your portfolio with debt investments to reduce overall risk. You can allocate a portion of your monthly investment towards debt funds or fixed-income instruments like PPF, RDs, or bonds. These investments offer steady returns and help preserve capital.
Evaluate Risk Tolerance: Given your age and investment horizon of at least 10 years, you can afford to take on some risk to achieve higher returns. However, it's crucial to assess your risk tolerance and ensure that your investment choices align with your comfort level.
Review and Rebalance Regularly: Periodically review your investment portfolio to ensure it remains aligned with your financial goals, risk tolerance, and market conditions. Rebalance your portfolio if necessary, considering changes in your financial situation or investment objectives.
Consult with a Financial Advisor: Consider consulting with a Certified Financial Planner or financial advisor who can provide personalized advice based on your specific needs and goals. They can help you create a customized investment plan and provide guidance on asset allocation, portfolio diversification, and risk management.
Stay Invested for the Long Term: Investing for retirement requires patience and discipline. Continue to invest regularly and stay committed to your long-term financial goals. Avoid making impulsive decisions based on short-term market fluctuations.
Remember, investing is a journey, and it's essential to remain focused on your goals while adapting to changing circumstances. With careful planning and prudent investment choices, you can build a secure financial future for yourself and your family. Keep up the good work, and best of luck on your investment journey!

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Ramalingam

Ramalingam Kalirajan  |1465 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Asked by Anonymous - Apr 18, 2024Hindi
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Hello I am 25 years and earning around 17k per month and I have sip of Axis small cap of rs 500 Nippon India small cap 1000 ICICI prudential technology 500 and PPF 500 till now I have around 1.2 lakhs in mutual fund and equity 70k please suggest me for long term wealth
Ans: It's great to see your proactive approach to investing at such a young age! Let's explore some suggestions for long-term wealth creation:

Continue SIPs: Your SIPs in Axis Small Cap, Nippon India Small Cap, and ICICI Prudential Technology are a good start. These funds offer exposure to different sectors, providing diversification and growth potential. Consider gradually increasing your SIP amounts as your income grows.
Explore Diversification: While small-cap and technology funds offer growth potential, consider diversifying your portfolio further. Look into investing in large-cap or multi-cap funds to balance risk and potential returns. A mix of different asset classes can enhance the stability and growth of your portfolio.
Utilize PPF: PPF is an excellent tool for long-term wealth accumulation, offering tax benefits and guaranteed returns. Continue contributing to your PPF account regularly to take advantage of its compounding effect over time. Aim to maximize your annual contributions within the prescribed limits.
Stay Invested for the Long Term: Investing is a long-term commitment, and patience is key to achieving wealth accumulation goals. Avoid frequent trading or reacting to short-term market fluctuations. Stay focused on your financial objectives and stick to your investment plan.
Educate Yourself: Take the time to learn about different investment options, risk management strategies, and personal finance concepts. Attend workshops, read books, or follow reputable financial blogs to enhance your knowledge and make informed decisions.
Emergency Fund: Building an emergency fund is crucial to protect yourself from unexpected expenses or income disruptions. Aim to set aside at least 3-6 months' worth of living expenses in a liquid and accessible account.
Review and Rebalance: Regularly review your investment portfolio to ensure it remains aligned with your financial goals and risk tolerance. Rebalance your portfolio if needed, considering changes in market conditions or your personal circumstances.
Remember, investing for long-term wealth requires discipline, patience, and a well-thought-out strategy. Consult with a Certified Financial Planner to create a customized plan tailored to your goals and financial situation. Keep up the good work, and stay committed to your journey towards financial success!

...Read more

Ramalingam

Ramalingam Kalirajan  |1465 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

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Hi sir I'm doing SIP in 1.) uti nifty fifty direct - 2k ..2.) axis small cap direct- 2k...3.) canara robeco blue chip - 2k....4.) quantity mid cap direct - 3k...5.) navi Nasdaq 100 - 1k... Need to change or alter if any ?
Ans: Your current SIP portfolio consists of a diverse mix of funds covering various market segments, which is a good strategy for long-term growth.

it's essential to periodically review your investments to ensure they align with your financial goals, risk tolerance, and market conditions.

Consider consulting with a Certified Financial Planner or a professional Mutual Fund Distributor to get personalized advice tailored to your needs and objectives.

With careful monitoring and adjustments as needed, you're on track to build a robust investment portfolio for long-term wealth creation.

Investing through Regular Plans via a Certified Financial Planner's guidance offers several benefits for your financial journey.

Your commitment to SIPs is commendable, showcasing a disciplined approach towards wealth creation for the future.

Regular Plans through a professional Mutual Fund Distributor (MFD) provide personalized guidance and advice tailored to your needs.

MFDs have extensive experience and expertise in navigating the complexities of mutual fund investing, ensuring sound decisions.

They offer valuable insights into fund selection, considering factors like performance, risk, and suitability for your goals.

Moreover, MFDs provide ongoing support and assistance, helping you stay informed and make necessary adjustments to your portfolio.

Investing in Regular Plans through MFDs ensures access to a broader range of funds and investment options.

This diversification can help spread risk and optimize returns over the long term, enhancing the stability of your portfolio.

Additionally, MFDs assist in managing paperwork and administrative tasks associated with investing, making the process smoother for you.

Their guidance empowers you to make informed decisions aligned with your financial objectives and risk tolerance.

Remember, investing is a journey, and having a Certified Financial Planner by your side can make a significant difference.

They offer valuable advice, support, and encouragement, helping you navigate market fluctuations and stay focused on your goals.

With diligence and guidance, you're on track to achieve financial success and build a secure future for yourself and your loved ones.

Keep up the good work, and trust in the expertise of your Certified Financial Planner to guide you towards your goals.

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Ramalingam

Ramalingam Kalirajan  |1465 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Ramalingam

Ramalingam Kalirajan  |1465 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Asked by Anonymous - Apr 19, 2024Hindi
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Parag Parikh Flexi cap Fund
Ans: Parag Parikh Flexi Cap Fund is a well-regarded fund in the mutual fund industry. It's known for its unique approach to investing across various market segments.

The fund follows a flexible investment strategy, allowing it to invest in stocks across market capitalizations, including large-cap, mid-cap, and small-cap companies.

One of the standout features of Parag Parikh Flexi Cap Fund is its global diversification approach. The fund has the flexibility to invest a portion of its corpus in international equities, providing investors exposure to global markets and opportunities.

Additionally, the fund's focus on quality companies with sustainable business models and strong management teams is commendable. This approach aims to mitigate downside risk and generate consistent returns over the long term.

Parag Parikh Flexi Cap Fund has a track record of delivering competitive returns compared to its peers and benchmark indices. However, investors should note that past performance is not indicative of future results.

As with any investment, it's essential to assess your risk tolerance, investment objectives, and time horizon before investing in Parag Parikh Flexi Cap Fund or any mutual fund.

Consulting with a Certified Financial Planner can provide personalized advice and guidance tailored to your financial situation and goals.

Overall, Parag Parikh Flexi Cap Fund is a reputable option for investors seeking diversification, global exposure, and potential long-term growth in their investment portfolio.

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Ramalingam

Ramalingam Kalirajan  |1465 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

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I have been investing in mutual funds like Nippon large cap 8k , HDFC Mid cap opportunities 3k, Quant small cap 3k , Nippon India small cap 2k, Parag Parikh flexi cap 4k, Aditya Birla sun life PSU 2k, HDFC Balanced Advantage fund 2k , Nippon India credit risk (Debt Fund) 2k . Need some suggestions on the overall portfolio and if any further improvements can be done on debt Fund .
Ans: Your investment portfolio reflects a well-diversified approach across various segments of the market, which is commendable. Let's delve into some suggestions for optimizing your portfolio and enhancing the debt component.

Your allocation across large-cap, mid-cap, small-cap, flexi-cap, and sector-specific funds provides a good balance of growth potential and stability.

Consider evaluating the performance and consistency of each fund to ensure they align with your investment objectives and risk tolerance.

As for your debt fund, given the current economic environment, it's prudent to review your exposure to credit risk.

Consider diversifying your debt allocation by exploring options such as liquid funds or short-term debt funds, which offer lower credit risk and higher liquidity.

Additionally, assessing the expense ratio and credit quality of your current debt fund can help determine its suitability for your portfolio.

Pls consult a Certified Financial Planner to assist you in fine-tuning your portfolio to better align with your goals.

Regularly reviewing and rebalancing your portfolio ensures it remains optimized to weather market fluctuations and achieve long-term growth.

Remember, investing is a dynamic process, and adjustments may be necessary to adapt to changing market conditions and personal circumstances.

Keep up the good work with your investment journey, and feel free to reach out if you need further assistance or guidance. Your dedication to financial planning is truly commendable!

...Read more

Ramalingam

Ramalingam Kalirajan  |1465 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Asked by Anonymous - Apr 19, 2024Hindi
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Hello Sanjeev Sir, Hope you are in good health. I hve just started my investment through SIP in mutual fund . Would you plz advice me on my portfolio. Every month i invest 12k in the below funds . Canara Robeco small cap fund reg Edelweiss mid cap fund reg Hdfc focused 30 fund PGIM India mid cap opp fund SBI Contra fund Sundaram services fund . I have also recentky added Quant small cap fund growth regular plan SIP OF 3K . I want to invest another 10k in sip format plz suggest where should i invest.
Ans: It's fantastic to hear that you're diving into the world of investing through mutual funds. Let's discuss your portfolio and future investments.

Your current selection of funds shows a thoughtful approach to diversification across different segments of the market.

Adding a small-cap fund to your portfolio enhances diversification and potential for higher returns over the long term.

For your additional 10k investment, let's explore options that complement your existing holdings and align with your goals.

Large-cap funds offer stability and are ideal for investors seeking steady returns with lower risk.
Multi-cap funds provide flexibility across market segments, allowing you to capitalize on various opportunities.
It's important to consider your risk tolerance and investment horizon when selecting new funds for your portfolio.

Pls, consult a Certified Financial Planner to guide you every step of the way.

Remember, investing is a journey, and it's normal to have questions and uncertainties along the path.

Stay focused on your goals, and don't hesitate to reach out if you need assistance or advice.

With diligence and patience, you're on track to achieve your financial aspirations.

Keep up the excellent work, and remember that each investment you make brings you closer to your dreams.

...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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