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Harsh

Harsh Bharwani  |56 Answers  |Ask -

Entrepreneurship Expert - Answered on Aug 11, 2023

Harsh Bharwani is a fourth generation entrepreneur.
As CEO and managing director, he leads the international business and employability initiatives at the computer networking institute, Jetking Infotrain Limited.
After graduating from Delhi University, Bharwani joined the family business in 2010 and set up operations in the US and Vietnam.
He has trained over three lakh students in employability, confidence and key life skills.... more
Maninath Question by Maninath on Jun 24, 2023Hindi
Career

Hi Harsh, how are you. I am working as a quality control manager in pharma industry with total experience of 14 year. After first lock down i were started my own business of agriculture inputs with my job and also working as a astrologer on Astrotalk but I am not happy with all of this. I love to travel and in all my job business I dont have time for me. Can you please suggest me some job or business in which I earned decent money (near about 50K) with lots of time to travel all around world right now I an earning near about 3lakh per month but I lost my time, relation, friends and every think which I earned before money. My age is 36 right now.

Ans: 4 types of trip jobs There are numerous different ways to travel while working. All of the trip jobs listed in this composition fall into one of the following orders Digital rambler jobs Jobs that pay to travel Expats working and traveling abroad Rambler jobs Some types of trip jobs bear a high position of moxie, and some are not as flexible as others. still, they all give you the means to cover some( or each) of your trip charges.

1. Digital rambler jobs Digital gadabouts are people who travel while working online. As a result, digital rambler jobs give an enormous quantum of inflexibility and independence when traveling. exemplifications of digital gadabouts include freelance inventors, graphic contrivers, and drop shippers. With this type of trip job, all you need is a dependable internet connection and a laptop. You can travel to the stylish digital vagabond metropolises and work from coffee shops, hospices, or co-working spaces. The jobs are frequently completely remote.

2. Jobs that pay to travel This type of job encompasses traditional trip jobs, generally in the hospitality and tourism diligence. exemplifications of jobs that pay to travel include voyage boat workers, flight attendants, and stint attendants. These jobs frequently mandate when and where you get to travel and frequently give free accommodation. So while there’s lower freedom than in digital rambler jobs, these jobs may be easier to get if you have previous experience working in hospitality.

3. Expats working and traveling abroad The term “ expat ” stands for “ émigré. ” It refers to people who are citizens of one country but decide to live and work in another country. exemplifications of expat trip jobs include English preceptors, au dyads, or government workers. Expats might live in other countries for just a many months or times at a time. So, if you’d prefer to work outside your home country and sink your teeth into a new culture or language, this may be the dream job for you.

4. Rambler jobs Let me give it to you straight Rambler jobs are presumably the least glamorous, taking you to work long hours for a minimum pay envelope. exemplifications include bartenders, hotel workers, and probing preceptors. Still, this type of trip job has a lot of benefits. These entry- position trip jobs don’t generally bear a computer or council degree. They also give plenitude of inflexibility so you can travel at your own pace. Plus, chancing original work while traveling is one of the stylish ways to meet intriguing people and experience different societies. 25 stylish trip jobs to make plutocrat while traveling the world Now that you understand the types of trip jobs available, let’s dive a bit deeper. Then are 25 of the stylish jobs for people who like to travel. Let’s launch with jobs that you can do with just a laptop and an internet connection.

5. Digital rambler jobs
1. Web design/ development A common job for digital gadabouts is web design and development. To start, learn how to produce a website. Or try searching for jobs on spots like GitHub Jobs and Up work.
2. Writing These days, it’s possible to make plutocrat writing about nearly anything. Look for jobs on spots like Freelance Writing, Blogging Pro, and Pro blogger. Freelance Writing Jobs
3. Graphic design Do you love graphic design? Why not turn your passion into a job that covers your trip costs? You can find graphic design traveling jobs on spots like Freelancer and Dribble. Dribble Graphic Design Jobs
4. Trip blogger numerous people make plutocrat with trip blogging. still, it can take time to make a sustainable income from this source. To find out further, check out How to Start a trip Blog.
5. Drop shipper might just be the stylish job to travel the world. It’s a hands-off approach to dealing physical products online. You manage your store and promote products to your target request. also, your supplier will transport the products to guests on your behalf. To get started and gain experience, read How to Start a Drop shipping Business.
6. Online tutoring/ instructor tutoring online is one of the stylish trip jobs, thanks to its low hedge to entry.However, you can be over and running in no time, If you’re a native English speaker and love to educate. To learn more, check out our full-length companion, Online Teaching Everything You Need to Know.
7. Online translator still, consider getting an online translator, If you’re fluent in further than one language. This job makes it easy to travel while working. Plus, there are plenitude of websites out there to help you find implicit guests, similar as Translators Base. Translators Base Job Boards
8. Digital marketer in numerous businesses need help with digital marketing. Like numerous of the stylish trip jobs, digital marketing is not commodity you can learn in a week or two. still, there are plenitude of free coffers online to help you come a digital marketer and make big bucks while traveling! Get started with this composition Digital Marketing Made Simple The Complete freshman’s companion.
9. Programmer If you know how to decode — or you would love to learn — you could travel the world while working as a computer programmer. There are plenitude of websites out there that educate programming, similar as Free Code Camp,Code.org, and Code Academy.
10. Virtual adjunct numerous businesses and individualizes hire people to help them with executive tasks, like scheduling and responding to client inquiries. These people are known as virtual sidekicks. To learn more, check out How to Come a Virtual Assistant.
11. client service agent Are you great with people? Do you have plenitude of tolerance and a genuine desire to help? Tons of businesses hire remote client service agents. To find client service jobs, check out remote job boards like Flex Jobs, Just Remote, and We Work Ever. We Work Ever Jobs that pay to travel Do you want to travel for a living? Then are some jobs with trip openings.
12. Yacht worker This trip job nearly sounds too good to be true. You can travel for a living on some rich person’s luxury yacht — you just have to earn your upkeep as a deckhand or slave! The yacht is like a free house because you do not pay rent. Look for yacht trip jobs on spots like Ya crew and Blue water.
13. Cruise boat worker still, consider working on a voyage boat, If you ’d rather sail on a bigger boat. This type of trip job provides plenitude of work openings. For illustration, you can work as a server, bartender, cleanser, lifeguard, or musician. Try searching for jobs on websites like All voyage Jobs, Indeed, and Cruise Job Finder. Jobs That Pay to Travel All Cruise Jobs
14. Flight attendant Working as a flight attendant provides plenitude of openings to travel different countries, with airline and hostel abatement to charge! still, the hours can be long, and spurt pause is a common circumstance. You can find flight attendant openings on Indeed and Airline Career.
15. shooter Photography could be your round the- world ticket. It’s not easy to turn this hobby horse into a career, but numerous people achieve it every time. Make sure to specialize in a niche geared for trips, similar as destination marriages or trip photography. To learn more, check out this companion on How to Start a Photography Business. Expat jobs still, consider living abroad long term with these trip jobs, If you want to immerse yourself in a different culture.
16. English schoolteacher To come an English schoolteacher, it’s likely you’ll need a TEFL( educate English as a foreign language) instrument. Find out further on TEFL’s website or look for jobs on Go Overseas. Jobs Related to trip TEFL.
17. Scuba diving educator Do you love scuba diving? If you get good, you could educate scuba diving each over the world, from India to Iceland. To learn more, check out the Professional Association of Diving preceptors or look for jobs on Dive zone and Go Abroad.
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Krishna

Krishna Kumar  |253 Answers  |Ask -

Workplace Expert - Answered on Mar 04, 2024

Asked by Anonymous - Mar 04, 2024Hindi
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Hi Krishna I have worked as a software engineer for last 20 years and I am exhausted and feel like quitting the software industry. Even though work is manageable, due to my experience the expectation from Leadership is high, and delivery expectations also is too much. Workplace is toxic, and too much of politics. I am an introvert and feel like doing remote jobs for lesser pay or rather quit completely and continue with my spiritual journey since I have seen lot of pain and suffering with respect to my health, marriage etc etc. I am also drawn towards spiritual life because leading a materialistic life seems meaningless. I am 45 today, I have no more interest in material life but due to obligations towards family and 1 child, I am working for money and I also need money for medical expenses because I underwent through a major health crisis 10 years back where I lost organ for surgery, this has created major imbalance in hormones leading to depression, anxiety and unable to face everyday challenges. This is also the reason due to which I cannot continue working. I have some 50k monthly as passive income and only 1 child. With some ppf, pf amount. Would this be enough for me to continue on spiritual journey and exit material and hectic IT life due to health issues and no peace in what I am doing ? Can you suggest how I can get some remote jobs that I can do if in case I need money. I am a BTech MBA graduate and managed to survive in this pressure hectic IT life for 20 years and feel like giving up everyday. I sometimes feel it was better off to lead a life without this education, engineering because all we need is 2 pair of clothes, shelter and 2 times food and for that we need to struggle so much in a city when compared to a village life. Please guide me not just from your perspective but step into my situation and understand and share your thoughts, or have you seen anyone like me and how have they managed to lead life after quitting and leading a monastic life
Ans: Dear

At the outset let me express my gratitude to you for putting up your question. It's indeed very profound.

First and foremost, your personal health is of foremost importance. Nothing should come in between that.

Secondly, money is essential but it's like the fuel not the engine.

Thirdly, work we must because it makes us fulfilled but we should not let work define our identity.

Fourthly, family commitment is our responsibility never run away from that.

Finally, spiritual journey or pursuing hobbies should not be taken up because we feel frustrated with some other things in life. They should be an end in itself.

I can feel what you are going through because many are in a similar situation like you but they don't have clarity or courage to accept that. So cheers to you for being aware of your situation and accepting it.

Here are few thoughts that I would share, however please take them as pointers and not as an advise, because we all have our own emotional disposition. That's why I believe an advise that may work for one person will not work for another because we all have our own emotional state and that defines the way we feel after taking certain decisions.

1. Slow down...you may want to ask your company to make you contractual with reduced responsibility and pay or you can take up contractual assignment with some other companies. In today's cost cutting environment companies would prefer that.

2. Talk to your spouse about your current state, let me tell you our spouse has a better feel of what we should and should not do. Moment you talk to your better half world of options will open. But more than that you will realise that you have someone in life who cares for your well being...that feeling is what we all need...someone caring for us.

3. Give up the notion of self identification through work. After salary that's the biggest drug that keeps us going in a job. We can't see ourselves outside of work as if we are born to work.

Lastly pray to God seeking guidance and clarity, trust me prayer is very powerful because it makes us calm and it's the calm mind that gives clarity.

Wishing you the very best. Trust me you will be alright soon.

With Love
Krishna
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R P

R P Yadav  |304 Answers  |Ask -

HR, Workspace Expert - Answered on Mar 21, 2024

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Career
Sir my name is Pooja I'm from Mumbai.. I am always concerned my job. After graduation i worked in call centre because I'm not aware of jobs i got then I did that time. I told my friend i m working as Customer service.. they look cheap !! Eww she is working.. but my goal is to get job in good finance profile I'm getting in accounts executive profile and that are 40+ km from my hometown to travel. Idk what I do ? Should I do that job or and also jobs was very far from where I live like a 40 km or 50km. Is it worth?? I want to do but traveling k vajah se raat bhut late hoga wahi soch Rahi hu ! Please give me a suggestion. I would love to hear back.
Ans: Hello Pooja, it’s great to hear from you. Your concerns about your job and travel are completely valid. Here are a few things you might consider:

Job Satisfaction: It’s important to find a job that aligns with your career goals and interests. If the finance profile is what you aspire to, then it might be worth considering, even if it’s a bit far.
Travel Time: Long commutes can be tiring and can affect your work-life balance. However, some people use this time to read, learn new things, or relax by listening to music or podcasts.
Safety: Since you mentioned that you might get home late due to the commute, consider the safety aspect as well.
Opportunities Closer to Home: Keep looking for opportunities that might come up closer to your home.
Remote Work: With the current trend of remote work, many companies offer flexible work-from-home options. You could look for such opportunities in your desired profile.
Remember, it’s your decision at the end of the day. Consider all factors including your health, safety, interest in the job profile, and work-life balance. Hope this helps
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Maxim

Maxim Emmanuel  |185 Answers  |Ask -

Soft Skills Trainer - Answered on Apr 28, 2024

Asked by Anonymous - Apr 20, 2024Hindi
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Hello my name is yash I have completed by studies in bsc it I have done jobs of cashier and application support analyst during my studies. No my studies are over I find myself to fit in job as per requirement but I am not satisfied sometimes I feel I am not meant for this I have issues from office like work extra over over time. I want to ask is there everywhere over time of employees to be spend 10-12 hours in office. Secondly I feel that should work in environment where I can move and do work means field work in which I feel I am not bounded in short I want work life balance. I love to read books, I love to do on ground activities in back of my mind I have civil services plan in which I have a permission to work freely. But condition is that how can I do if office demands max hours of my life it's bit confusing for me
Ans: Your name is Yash =Success, but you are far from it because you are on the wrong path.

The education and job as per your statement now matches your profile ,but you are not satisfied because of your work time.. Understand your predicament!

Travelled by bus,train ...realised how many hour's they are driving for you.. When you sleep!?
Forget about being a soldie you cant quality!

Looking for a cushy and comfortable job, you have just started young man.. Get your thought process right!

The Civil Service means Govt job and you think you can then ruminate!?

Not any more, everywhere there are deliverable's.

Now the balance for work life balance comes when you have the income to treat yourself, let alone repay the debt of your parent's.

Nobody stops you to do what you love but after a good days work.. Man!?

There's nothing called freely work, all gods children have bosses ,except GOD !

So your confusion of work timings will end, when you have the determination to dedicate & deliver success!
Got it.. there's nothing that comes on a platter!
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Ashwini

Ashwini Dasgupta  |65 Answers  |Ask -

Personality Development Expert, Career Coach - Answered on Apr 28, 2024

Ramalingam

Ramalingam Kalirajan  |928 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 27, 2024

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Arun Prasad v k, hi sir, I am 46 yrs wish to retire by 55. Presently I have 25 lacs in fixed deposit, 15 lacs in post office savings , house rent8k, monthly 25k as salary. Besides, this I have 30k as monthly expenses... I have no idea / knowledge about mutual fund and I want to invest regularly for more 10 years...systematically and at the time of 55 I want to get best amount as pension amount..without loosing investment amount to beat the inflation. Kindly suggest me good mutual fund and tell me how to invest directly..without agent.. 2. My fixed deposit going to mature this month for Rs.11 lacs. Kindly suggest ,is it advisable to invest as lumpsum Or in what way to invest.
Ans: t's commendable that you're planning for your retirement and seeking to explore mutual fund investments to achieve your financial goals. Here's a tailored approach to help you get started:

Selecting Mutual Funds: Since you're aiming for long-term wealth accumulation with the goal of generating a pension-like income at the age of 55, consider investing in a mix of equity and debt mutual funds to balance growth potential with capital preservation. Look for funds with a track record of consistent performance, experienced fund managers, and low expense ratios. You may consider diversified equity funds, balanced funds, and debt funds based on your risk tolerance and investment horizon.
Investing Directly?
investing directly in mutual funds without professional guidance can pose certain risks. Here are some perils to consider:

Lack of Expertise: Direct investing requires a deep understanding of the mutual fund landscape, market dynamics, and investment strategies. Without proper knowledge, you may struggle to select the right funds and construct a well-balanced portfolio.
Risk of Mistakes: DIY investing increases the risk of making costly mistakes such as selecting unsuitable funds, mistiming the market, or misinterpreting fund performance data. These mistakes can hinder your investment returns and jeopardize your retirement goals.
Limited Access to Research: Individual investors may have limited access to research tools, market insights, and expert analysis compared to financial professionals. This can make it challenging to make informed investment decisions and navigate complex financial markets effectively.
Lack of Personalized Advice: Investing directly means missing out on personalized financial advice tailored to your unique needs, goals, and risk tolerance. A Certified Financial Planner or Mutual Fund Distributor (MFD) can provide valuable guidance and help you build a customized investment plan aligned with your objectives.
Considering these challenges, I would recommend considering regular mutual funds through an MFD. An MFD can offer personalized advice, recommend suitable mutual funds based on your financial goals and risk profile, and provide ongoing support to help you navigate the investment landscape effectively.
Lumpsum Investment: Regarding your maturing fixed deposit of 11 lakhs, consider your risk tolerance and investment goals before deciding how to deploy this amount. Since you have a relatively short time horizon until retirement, you may consider investing a portion of the amount in debt funds for stability and liquidity, while allocating the remainder to equity funds for potential growth over the long term. Alternatively, you can stagger your investments over time through systematic transfer plans (STP) to mitigate timing risk.
Regular Monitoring: Once you've invested in mutual funds, monitor your investments regularly and review your portfolio periodically to ensure alignment with your financial goals and risk profile. Consider rebalancing your portfolio if needed based on changes in market conditions or your financial situation.
By following these steps and staying disciplined with your investment approach, you can work towards building a robust investment portfolio to support your retirement goals while safeguarding your investment against inflation.

By working with an MFD, you can access professional expertise, receive personalized recommendations, and benefit from ongoing guidance to make informed investment decisions and achieve your retirement goals more effectively.

If you have any further questions or need assistance, feel free to reach out to a Certified Financial Planner or Mutual Fund Distributor for personalized advice and support.
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Ramalingam

Ramalingam Kalirajan  |928 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 27, 2024

Asked by Anonymous - Dec 30, 2023Hindi
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I'm 27 year old female. I earn 29k per month. I want to start an SIP and save enough (5lakh) for my marriage that I expect will happen after three years what's the best way for me to go about this goal?
Ans: Starting an SIP to save for your marriage is a wise decision, and with a clear goal in mind, you can work towards achieving it effectively. Here's a suggested approach tailored to your situation:

Determine Required SIP Amount: Calculate the monthly SIP amount required to accumulate 5 lakhs in three years. Assuming an average annual return of around 10%, you'll need to invest approximately 12,000 INR per month.
Select Suitable Mutual Funds: Choose mutual funds that align with your investment horizon and risk tolerance. Given your relatively short time frame of three years, consider allocating your investments to relatively safer options such as debt funds or hybrid funds with a higher allocation towards debt.
Explore Debt and Hybrid Funds: Look for debt funds or hybrid funds with a conservative allocation that prioritize capital preservation while aiming for modest growth. Consider funds with a track record of stable returns and low volatility.
Set Up SIPs: Open SIPs in the chosen mutual funds and set up monthly contributions of 12,000 INR. Ensure that the SIP amount is deducted automatically from your bank account each month to maintain consistency in your investment approach.
Regular Monitoring: Keep track of the performance of your SIPs and review them periodically. Make adjustments to your investment strategy if necessary based on changes in market conditions, fund performance, and your financial goals.
Explore Additional Savings: Consider supplementing your SIPs with additional savings from any windfalls, bonuses, or surplus income to accelerate your goal achievement.
Stay Committed: Stay committed to your SIPs and avoid withdrawing funds prematurely unless absolutely necessary. Remember, consistency and discipline are key to achieving your financial goals.
By following these steps and staying focused on your goal, you can save enough for your marriage within the desired timeframe while building a healthy financial habit for the future.
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Ramalingam

Ramalingam Kalirajan  |928 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 27, 2024

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Sir please suggest amount as well as mutual fund for 15 years to generate corpus of 1cr
Ans: To generate a corpus of 1 crore in 15 years, you'll need to invest a significant amount regularly and choose suitable mutual funds with growth potential. Here's a suggested approach:

Determine Investment Amount: Considering your goal of accumulating 1 crore in 15 years, you'll need to calculate the monthly investment required based on expected returns. Assuming an average annual return of around 10%, you'll need to invest approximately 30,000 INR per month.
Select Mutual Funds: Choose a mix of equity mutual funds that offer potential for capital appreciation over the long term. Consider allocating your investments across large-cap, mid-cap, and multicap funds to diversify risk and maximize returns. Look for funds with a consistent track record of performance, experienced fund managers, and a robust investment strategy.
Allocate Funds: Divide your monthly investment amount of 30,000 INR among different mutual funds based on your risk tolerance and investment goals. For example, you could allocate 40-50% to large-cap funds, 30-40% to mid-cap funds, and 10-20% to multicap funds.
Regular Monitoring: Regularly review the performance of your mutual funds and make adjustments as needed based on changes in market conditions, fund performance, and your financial goals. Stay disciplined and committed to your investment plan to achieve your target corpus of 1 crore in 15 years.
Consult a Financial Advisor: Consider seeking advice from a Certified Financial Planner who can provide personalized recommendations based on your financial situation, risk profile, and investment objectives. They can help you create a customized investment plan and guide you towards achieving your long-term financial goals.
By following these steps and staying disciplined with your investments, you can work towards building a substantial corpus of 1 crore over the next 15 years. Remember, consistency, patience, and informed decision-making are key to successful long-term wealth creation.
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Ramalingam

Ramalingam Kalirajan  |928 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 27, 2024

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Hi sir, Maine niche likhe hue sabhi fund mein mutual fund investment ki hai Small cap fund... Quant, HDFC, Mahindra, ICICI, canara rebeco Mid cap fund....Quant, HDFC, Mahindra, motilal oswal, canara rebeco Multicap fund.... HDFC and Mahindra Sectoral themetic fund... Nippon power& infra, DSp India tiger fund, ICICI manufacturing, ICICI innovation, axis manufacturing Plz mujhe suggest Karo.. aage bhi main yeh invest ment continue Karu ya . Fund change Karu...
Ans: It's great to see your diversified investment approach across different categories like small-cap, mid-cap, multicap, and sectoral thematic funds. However, the decision to continue or change your investments depends on various factors such as fund performance, your investment goals, risk tolerance, and market conditions.

Here are a few steps to consider:

Review Fund Performance: Evaluate the performance of each fund relative to its benchmark and peer group over different time frames. Look for consistency, risk-adjusted returns, and the fund manager's track record.
Assess Investment Goals: Reflect on your investment goals, time horizon, and risk tolerance. Are you investing for short-term gains or long-term wealth creation? Your goals should drive your investment decisions.
Analyze Fund Strategy: Understand the investment strategy and underlying holdings of each fund. Ensure they align with your investment objectives and risk profile. Assess if any funds are deviating from their stated strategy or experiencing manager changes.
Consider Market Conditions: Take into account current market conditions, economic outlook, and sectoral trends. Certain sectors may perform better in specific market cycles, so diversification across sectors can mitigate risks.
Consult a Financial Advisor: Seek advice from a Certified Financial Planner who can provide personalized recommendations based on your individual circumstances. They can help you assess your portfolio, identify any gaps, and suggest appropriate changes.
Ultimately, the decision to continue or change your investments should be based on a thorough analysis of fund performance, alignment with your goals, and professional advice. Regularly review your portfolio and make adjustments as needed to stay on track towards achieving your financial objectives.
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Ramalingam

Ramalingam Kalirajan  |928 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 27, 2024

Asked by Anonymous - Jan 26, 2024Hindi
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Hello sir, I am 34 yeRs old and monthly income is 1.8 lakhs. I have a home loan EMI of 55000. I want to invest 40000 in MF SIP. Can you please provide a breakdown where should i invest and how much?
Ans: It's great to see your proactive approach towards investing despite having home loan commitments. Given your financial situation, here's a suggested breakdown for investing 40,000 INR in mutual fund SIPs:

Diversified Equity Funds (Large Cap/Multi Cap): Allocate around 60-70% of your SIP amount, i.e., 24,000 to 28,000 INR, to diversified equity funds. These funds offer exposure to a mix of large-cap and multi-cap stocks, providing stability and growth potential over the long term.
Mid Cap and Small Cap Funds: Allocate around 20-30% of your SIP amount, i.e., 8,000 to 12,000 INR, to mid-cap and small-cap funds for higher growth potential. These funds are more volatile but can offer significant returns over an extended investment horizon.
Balanced/Hybrid Funds: Consider allocating a small portion, around 10-20% of your SIP amount, i.e., 4,000 to 8,000 INR, to balanced or hybrid funds. These funds invest in a mix of equities and debt instruments, providing a balance between growth and stability.
Asset Allocation: Adjust the allocation percentages based on your risk tolerance, investment horizon, and financial goals. Regularly review your portfolio's performance and make necessary adjustments to ensure alignment with your objectives.
Professional Advice: Consider consulting with a Certified Financial Planner who can provide personalized guidance based on your financial goals, risk profile, and investment horizon. They can help you select suitable mutual funds and create a well-diversified portfolio tailored to your needs.
By following this breakdown and seeking professional advice, you can build a robust mutual fund portfolio that aligns with your financial objectives and helps you achieve your long-term wealth creation goals.
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Ramalingam

Ramalingam Kalirajan  |928 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 27, 2024

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I am regularly investing via SIP in UTI flexicap since last 6 years. Now, I am seeing that, UTI FLEXICAP is underperforming relative to its peers. What should I do now? Should I stop SIP or continue?
Ans: When faced with underperformance in an investment like UTI Flexicap, it's essential to assess your options carefully. Here's a suggested approach:

Review Performance: Evaluate the fund's performance relative to its benchmark and peer group over various time frames. Consider factors like consistency, volatility, and risk-adjusted returns.
Understand Reasons: Research and understand the reasons behind the fund's underperformance. Assess changes in fund management, investment strategy, sectoral exposures, or market conditions that may have contributed to the performance lag.
Assess Your Portfolio: Consider how UTI Flexicap fits into your overall investment portfolio. Evaluate its role in diversification, risk management, and alignment with your financial goals and risk tolerance.
Consult with a Certified Financial Planner: Seek advice from a professional who can provide personalized guidance based on your individual circumstances. A Certified Financial Planner can help you assess whether to continue SIPs in UTI Flexicap or consider alternative options.
Explore Alternatives: Research other mutual funds in the flexicap category that have demonstrated consistent performance and align with your investment objectives. Compare their track records, investment philosophies, and expense ratios before making a decision.
Monitor Regularly: Regardless of your decision, continue to monitor the performance of your investments regularly. Stay informed about market trends, fund developments, and changes in your financial situation that may warrant adjustments to your investment strategy.
Ultimately, the decision to continue or stop SIPs in UTI Flexicap depends on your assessment of its performance, your investment goals, and your risk tolerance. With careful consideration and professional guidance, you can make informed choices to optimize your investment portfolio.
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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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