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Geeta

Geeta Ratra  |143 Answers  |Ask -

Visas, Study Abroad Expert - Answered on May 22, 2023

Geeta Ratra has been an immigration expert for more than two decades and has strong knowledge of international immigration policies and procedures. She is vice president, operations, at Abhinav Immigration Services. Besides visa and immigration services, they also provide study abroad advice that includes application assistance, counselling and university shortlisting.... more
Anil Question by Anil on May 13, 2023Hindi
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Career

Greetings Sir My son got admission into Northeastern University of professional studies , Boston, for admission into Master of Science in Human Resources Management Is it worth joining ? I am paying the fee of 40 lakhs

Ans: Hello Anil
yes, it is worth paying fee for master's degree from Boston. After completion of degree, he will get good package jobs.
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Sushil

Sushil Sukhwani  |590 Answers  |Ask -

Study Abroad Expert - Answered on May 16, 2023

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Greetings Sir My son got admission into Northeastern University of professional studies , Boston, for admission into Master of Science in Human Resources Management Is it worth joining ? I am paying the fee of 40 lakhs
Ans: Hello Anil,

To begin with, thank you for getting in touch with us. Although I am unable to give you a conclusive response or forecast specific results, I can provide you some facts that can aid in your decision-making. Strong programs at Northeastern University include those in business and management, two areas for which it is renowned and highly recognised. The Master of Science in Human Resources Management program at Northeastern University of Professional Studies in Boston could give your son a firm foundation in human resources as well as the necessary skills and expertise.

However, whether it is worthwhile to attend depends on a number of criteria, including your son's professional objectives, the program's reputation and accreditation, and the chances available post graduation. Consider the following:

1. Program Credibility: Obtain information about the program's standing in the human resources management industry. A degree's reputation and calibre can be determined by its accreditation and rankings.

2. Job Opportunities: Identify the employment opportunities and market need for human resources specialists. Examine the chances that the program offers its graduates, including internships, networking possibilities, and contacts with possible jobs.

3. Return on Investment: Think about the financial commitment you are making, including the 40 Lakhs charge. Consider your son's future salary and career development opportunities while evaluating the potential return on investment.

4. Alumni Association: Investigate the size and scope of the university's alumni network, since it may be able to offer your son useful connections and encouragement throughout his career.

5. Other Possibilities: Look at different schools or programs that grant a Master's in Human Resources Management. To determine whether they may be more appropriate or provide better value for the money, compare their curriculum, reputations, and expenses.

It is recommended that you have a lengthy discussion with your son about his aims and goals. You may also choose to contact the admissions office or current students of the program at Northeastern University to learn more about the curriculum, internship possibilities, and career support given.

The value of enrolling in the program ultimately depends on a variety of individual characteristics, your evaluation of the program's value proposition in light of your son's aspirations, and the resources at your disposal.

For more information, you can visit our website.

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Ramalingam

Ramalingam Kalirajan  |8190 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 04, 2025

Asked by Anonymous - Apr 04, 2025Hindi
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I can invest Rs 10,000 every month for 10 years. Kindly suggest investing options -- where should I invest? How much wealth can I create after 10 years?
Ans: Investing Rs 10,000 per month for 10 years is a great decision. It will help you build substantial wealth over time. Here’s a detailed assessment of the best investment options and the potential returns you can expect.

Investment Options for Rs 10,000 Per Month
1. Equity Mutual Funds (Actively Managed)
Suitable for long-term wealth creation.

Professional fund managers make investment decisions.

Offers better flexibility compared to direct stock investment.

Can generate high returns over a 10-year period.

Ideal for those who can take moderate to high risk.

2. Debt Mutual Funds
Provides stability to your portfolio.

Lower risk compared to equity mutual funds.

Useful for balancing risk and return.

Returns are better than FDs over a long period.

3. Hybrid Mutual Funds
Invests in both equity and debt.

Suitable for investors looking for stability with some growth.

Balances market volatility better than pure equity funds.

4. Gold Investment (Sovereign Gold Bonds - SGBs)
Offers capital appreciation and fixed interest income.

Safe investment backed by the Government of India.

Can act as a hedge against inflation.

5. Public Provident Fund (PPF)
Tax-free returns.

Provides capital protection.

Best for those looking for safe and guaranteed returns.

Lock-in period of 15 years, but partial withdrawals allowed after 5 years.

6. National Pension System (NPS)
Ideal for retirement savings.

Provides tax benefits under Section 80C and 80CCD.

Investment mix of equity, corporate bonds, and government securities.

Partial withdrawal allowed after a few years.

Suggested Investment Allocation
Equity Mutual Funds: Rs 6,000 per month

Debt Mutual Funds: Rs 2,000 per month

Gold (SGBs): Rs 1,000 per month

PPF: Rs 1,000 per month

This diversified approach helps reduce risk and maximize returns.

Expected Wealth Creation After 10 Years
The wealth you create depends on returns from different assets. Here’s an estimate:

Equity Mutual Funds: Can generate higher returns over 10 years.

Debt Mutual Funds: Provides stability with moderate returns.

Gold (SGBs): Prices depend on market demand and inflation.

PPF: Offers safe and steady returns.

You can expect to build a significant corpus by following this plan.

Why Not Index Funds?
Index funds do not offer active management.

They simply track market movements without strategy.

Actively managed mutual funds can beat index funds over time.

Fund managers adjust portfolios based on market conditions.

Higher potential for wealth creation with actively managed funds.

Final Insights
A mix of equity, debt, gold, and PPF creates a balanced portfolio.

Stay invested for 10 years to benefit from compounding.

Review your investments every year.

Consider increasing your SIP amount whenever possible.

Invest through a Certified Financial Planner for better guidance.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

Milind

Milind Vadjikar  |1152 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Apr 04, 2025

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Sir, Age: 26 Subject: NPS ( National Pension Scheme) Scheme Choice : LC 75 ( Aggressive Auto Choice) Tier : Tier 1 Pension Fund: ICICI Prudential Pension Fund Current value of scheme : Rs. 57927/- Investing Rs. 5600/- on a monthly basis My goals: Want my portfolio to beat inflation and provide a pension of Rs. 1 lakh monthly ( in hopes that beating inflation value of Rs. 1 lakh does not decrease over time) Time horizon : 34 years Questions: 1. Sir will my NPS scheme beat inflation? 2. Is the Pension Fund ( ICICI Prudential) a good choice or should I shift? 3. Will one lakh pension after 34 years be enough to support my lifestyle? (Assuming that everything pans out smoothly) 4. Judging by today's tax law income up to 12 lakh p.a. is non taxable, will I be taxed on my pension still if the law remains as is? (Hypothetical question) My details : 1.Unmarried, never planning on marriage or kids ever. 2.Current utility bills amount to Rs. 15,000 per month 3. Other expenses Rs. 5-7k per month. 4. I have other investments too, but I want to know if I can rely on NPS in old age or not. With this information alone, is retirement with NPS feasible?
Ans: Hello;

Your current expenses add upto 22 K per month.

After 34 years this amount will be 1.6 L per month considering 6% inflation.

This would need a corpus of 5-6 Cr.

Your current investment would fetch you around 1.2 Cr which is quite low.

You need to invest minimum 25 K per month in NPS to expect 5 Cr+ corpus build after 34 years. (A modest 8% return considered from NPS)

Also you may shift from Auto choice to Active choice so as to ensure 75% allocation to equity upto 50 age.(In Auto choice after 35 age equity allocation is tapered down).

You are allowed to have different fund managers for different asset classes based on their performance in respective category.

Current fund manager looks okay however you need to review performance every year.

For generating retirement corpus it is better to have 2-3 investment avenues rather then a single one.

A mix of EPF/PPF, NPS and MFs should be more appropriate.

Best wishes;

...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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