Home > Career > Question

Sign In | Create an account

Language:

Now in हिन्दी too

Need Expert Advice?Our Gurus Can Help

Shekhar Kumar |108 Answers |Ask -Follow

Leadership, HR Expert - Answered on Apr 18, 2024

Shekhar Kumar is an HR, talent, and client acquisition leader at Star Engicon Private Limited (SEPL). He has 18 years of expertise in the search and placement of executive leadership talent across various industries.
He has also mentored middle and senior management professionals for leadership positions and guided them in career development.
Shekhar has a bachelor's degree in business management from Magadh University, Bihar, and a master's degree in human resource management from Annamalai University, Tamil Nadu.... more

Question by Harshit on Mar 03, 2024Hindi

Career

Hello sir my son is 12 pcm pass out cbse board. But he scored only 68 percent. He want to prepration of upsc. So what idia do you suggest?

Ans: Thank you for getting in touch with me on Rediff Gurus. If your son is interested in pursuing a career in the civil services and preparing for the UPSC (Union Public Service Commission) exams despite scoring 68 percent in his 12th grade PCM (Physics, Chemistry, Mathematics) from CBSE, then he should start building a strong foundation in core subjects and gradually expanding his knowledge of current affairs, history, geography, polity, economy, and other relevant topics to clear exam. It is a long-term process that requires consistent effort and dedication hence, encourage your son to start preparing early by familiarizing himself with the UPSC exam pattern, syllabus, and previous years' question papers.

Consider enrolling your son in reputable coaching institutes as well that offer specialized UPSC exam preparation programs. These institutes provide structured guidance, study materials, mock tests, and expert faculty to help candidates prepare effectively for the UPSC exams. UPSC exam preparation requires staying informed about current affairs, national and international events, government policies, and socio-economic developments therefore, motivate him to read newspapers, magazines, and online sources regularly to stay updated and develop a comprehensive understanding of contemporary issues.

UPSC exam preparation can be challenging and stressful. As a parent, provide emotional support, encouragement, and motivation to help your son stay focused and resilient during the preparation process. By following these suggestions and maintaining a disciplined approach to UPSC exam preparation, your son can increase his chances of success in the competitive civil services exams. Encourage him to stay committed to his goals, persevere through challenges, and pursue his dreams with determination and enthusiasm. Best of luck! Feel free to contact me on Rediff Gurus if you need further assistance or help.

You may like to see similar questions and answers below

Nitin Sathe |126 Answers |Ask -Follow

HR, Recruitment Expert - Answered on Jul 06, 2023

Question by Satya - May 18, 2023Hindi

Career

My daughter is just given BBI final exam. Her marks are 70% plus in last every exams. She want to prepare for UPSC exams. Please suggest your valuable advice for her preparations. Thakns

Ans: I gather she is appearing for the civil services. The UPSC exams are tough and one needs to study hard and in depth, the subjects that you are appearing in. Side by side, I would advise her to improve her written and spoken communication skills, read a lot and improve her general awareness. There are some good classes which are run by professionals to prepare for the exam and she needs to take a call if she needs additional coaching. Also ask her to prepare a schedule for her preparatory studies and diligently stick to the same. Candidates who do well put in 16 to 18 hours of study per day!
Wishing her all the best!

(more)

Mayank Chandel |415 Answers |Ask -Follow

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on Jun 15, 2023

Question by Rajesh - Jun 02, 2023Hindi

Career

Sir my son scored 84 % in class 10th now he wants to go for IIT . CAN HE GO FOR THAT . HE WANTS TO TAKE. PCM PLEASE SUGGEST WHAT TO DO

Ans: Hello Rajesh
If he is good in PCM engineering career is a good choice. Let him prepare and appear for JEE-MAIN & ADVANCED which will help get admissions to NITs, IITs & other GFTIs.

Also, there are other engineering entrances, which will fetch him admission to many additional prestigious institutes.

Let him work hard for 2 years this training will help him in further studies.

(more)

Mayank Chandel |415 Answers |Ask -Follow

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on Jan 26, 2024

Asked by Anonymous - Jan 24, 2024Hindi

Career

My son is giving JEE this year. We belongs to general category. Expecting AIR below 500. He may not get CSc in top 5 IITs. What would be his next best option almost equivalent to top 5 IITs.

Ans: Hi,
Getting into the top 500 AIR is highly commendable. IIT-Guwahati CS is also good. I know few students who got placements in companies like google & facebook in USA.

(more)

Latest Questions

Career Coach |36 Answers |Ask -Follow

Workplace Expert - Answered on Apr 30, 2024

Asked by Anonymous - Apr 30, 2024Hindi

Career

Hi, I am David, 32, a graphic designer working with an advertising agency in Gurgaon. While I have enjoyed working in the creative field, I am currently feeling a bit disillusioned with the corporate world. I am interested and passionate about travel and photography. I have some savings I want to set up a travel agency of my own so I can retire early, by around 45 or 50. I want to go on a solo journey around the world and tell stories. Can you guide me how to achieve this?

Ans: Hey David, sounds like you've got some exciting dreams brewing there! Stepping away from the corporate hustle to pursue your passion for travel and photography sounds like the plot of a blockbuster movie—except this one's starring you!

First off, kudos to you for recognizing what truly sets your soul on fire. It takes guts to break away from the status quo and chase your dreams. So, let's plot out your roadmap to entrepreneurial bliss:

1. Craft Your Vision:

Picture yourself as the captain of your own travel ship. What kind of experiences do you want to offer? Adventure tours, cultural immersions, photography workshops? Get crystal clear on your vision and what sets your travel agency apart.

2. Do Your Homework:

Dive headfirst into the world of travel entrepreneurship. Research market trends, identify your target audience, and study successful travel startups. Learn the ropes of running a business, from budgeting to marketing strategies.

3. Build Your Brand:

Give your travel agency a personality that reflects your passion for exploration and storytelling. Design a killer logo, create a captivating website, and brew up some irresistible travel packages that make wanderlusters weak at the knees.

4. Network Like a Boss:

Forge connections with fellow adventurers, photographers, and travel influencers. Attend industry events, join online communities, and don't be shy about sharing your journey and expertise. Who knows? Your next collaborator or client might be just a handshake away.

5. Secure Your Finances:

Your savings will be your launchpad, but you'll need to crunch the numbers and create a solid financial plan. Factor in startup costs, operational expenses, and a buffer for those inevitable rainy days. And hey, consider seeking advice from a financial advisor to ensure you're on the right track to that early retirement goal.

6. Take the Leap:

When the time feels right and your plans are polished to perfection, it's time to take that leap of faith. Embrace the uncertainty, trust in your vision, and dive into the exhilarating world of entrepreneurship with all the gusto of a seasoned explorer.

Remember, Rome wasn't built in a day, and neither will your travel empire be. Stay patient, stay persistent, and most importantly, stay true to yourself and your passion for travel and storytelling. The world is waiting for your adventures—so go on, David, and write your own epic tale!

(more)

Dr Shakeeb Ahmed Khan |64 Answers |Ask -Follow

Physiotherapist - Answered on Apr 30, 2024

Question by S - Apr 23, 2024Hindi

Health

Hello Dr.Shakeeb-i am a 62 year old-Diabetes in Control-BP under control-I do workout regularly-Recently a week back i was doing pushups and it so happened one of my hand slipped and went forward-Nothing happened then;However last 3 days i am having chest and back pain-Dr said it is Costochondritis and there is no treament-rest and meet a physio.However the pain at times really puts me off-what to do-please advise

Ans: I'm sorry to hear that you're experiencing discomfort. Costochondritis can be quite painful, but there are ways to manage it at home. Applying either ice or heat to the affected area can help reduce inflammation and ease the pain. Additionally, gentle stretching exercises can improve flexibility and relieve tension in the chest and back muscles. Ultrasound therapy, which uses high-frequency sound waves to promote healing and reduce pain in soft tissues, can also be a helpful option for managing costochondritis when administered by a qualified physiotherapist. Wishing you quick recovery.

(more)

Dr Shakeeb Ahmed Khan |64 Answers |Ask -Follow

Physiotherapist - Answered on Apr 30, 2024

Question by Prakash - Apr 22, 2024Hindi

Health

Hi My left hand is paining i can do hand up and down Please suggest

Ans: Hello. Thank you for your query. I would suggest you to visit Physiotherapist close by to you to determine exact reason and suggest possible treatment options.

(more)

Ramalingam Kalirajan |1039 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 30, 2024

Asked by Anonymous - Feb 12, 2024Hindi

Money

Hi, Which are the Large Cap Mutual funds ?

Ans: Large-cap mutual funds are like sturdy ships navigating the vast ocean of the stock market, anchoring your investments in well-established companies. These funds focus on the giants of the corporate world, companies with substantial market capitalization and a proven track record of performance. But why choose large-cap funds? Well, they offer stability and reliability, akin to the steadfastness of a lighthouse guiding ships through turbulent waters. With their conservative approach and steady growth potential, they serve as a cornerstone in many investment portfolios.

As a Certified Financial Planner, I appreciate the role these funds play in providing a solid foundation for your financial goals. However, it's essential to carefully evaluate each fund's performance, management team, and investment strategy to ensure it aligns with your objectives and risk tolerance.

Remember, while large-cap funds offer stability, diversification across different asset classes is key to building a resilient portfolio. By striking the right balance, you can navigate the seas of the market with confidence and sail towards your financial aspirations.

(more)

Ramalingam Kalirajan |1039 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 30, 2024

Asked by Anonymous - Feb 16, 2024Hindi

Money

Hi, I am 40 years old (current allocation is 61% equity and 39% debt+cash in a 2.52 cr portfolio) and used to do SIPs in mutual funds until March 23, 2020 when market crashed. I used to follow someone on YouTube and he was of the opinion that Nifty will touch 6000 and it is better to wait for those levels and then continue investing in direct stocks/MFs. However, that level never came and the market rebounded and since then I've been parking funds in FDs which give around 7% returns pre tax. As on today, I realised Nifty is at all time high now. How can I invest the 70 lakhs parked in FDs in mutual funds now? Should I do lumpsum in HDFC Sensex index fund/Quant smallcap fund/Quant midcap fund since although the market is at all time high, but eventually the money will grow at 12% CAGR (in case of index fund, more in case of active funds like Quant smallcap or Quant midcap) or should I go the SIP route and invest this 70 lakhs in HDFC Sensex index fund/Quant smallcap fund/Quant midcap fund over a period of 3-5 years in equal SIP instalments?

Ans: It sounds like you've had quite the journey navigating the market's ups and downs. Given your current situation and the substantial amount parked in FDs, it's understandable to seek guidance on how to deploy those funds effectively.

Since the market is currently at an all-time high, lump-sum investing might seem daunting. However, attempting to time the market based on past predictions can be risky and challenging. Instead, consider a systematic approach to gradually deploy your funds over time.

One option is to allocate the 70 lakhs into mutual funds using a systematic transfer plan (STP) or a phased approach through SIPs. This approach allows you to spread your investments over a period of time, reducing the impact of short-term market fluctuations.

You mentioned considering HDFC Sensex index fund, Quant smallcap fund, and Quant midcap fund. These are indeed viable options, each with its own risk-return profile. While index funds offer broad market exposure with lower expenses, actively managed funds like Quant smallcap and Quant midcap have the potential for higher returns but also come with increased risk.

Ultimately, the choice between lump-sum investing and SIPs depends on your risk tolerance, investment goals, and time horizon. Consulting with a Certified Financial Planner can help you devise a strategy tailored to your specific circumstances, ensuring your investments align with your objectives and provide a path to long-term growth and financial security.

(more)

Ramalingam Kalirajan |1039 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 30, 2024

Asked by Anonymous - Mar 17, 2024Hindi

Money

Dear Sir, please advise corpus needed for a sixty year old to retire in Delhi area assuming no loans and all children settled with own housing. My monthly expense now is Rs 1.75L

Ans: Planning for retirement is a significant milestone, and I commend your foresight in considering your financial needs for the future. To estimate the corpus needed for retirement, we must first analyze your current expenses, lifestyle expectations, and potential sources of income.

Given your monthly expenses of Rs 1.75 lakh, we can project your annual expenses and account for inflation to determine your future financial requirements. Additionally, consider any healthcare costs or other unforeseen expenses that may arise during retirement.

Since your children are settled with their own housing and assuming no outstanding loans, your focus should be on maintaining your current standard of living and covering essential expenses, including healthcare and leisure activities.

Considering your location in Delhi, where the cost of living may be higher, it's essential to factor in any regional variations in expenses.

Once we have a clearer picture of your financial needs, we can calculate the corpus required to generate a steady income stream during retirement. This corpus can come from various sources, including retirement accounts, investments, and pension plans.

Consulting with a Certified Financial Planner will provide personalized guidance tailored to your specific circumstances and help you plan effectively for a comfortable and secure retirement. With careful planning and diligent saving, you can embark on this new chapter of life with confidence and peace of mind.

(more)

Ramalingam Kalirajan |1039 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 30, 2024

Asked by Anonymous - Mar 17, 2024Hindi

Money

In the current year i want to invest about 4 lakh for next two years to grow. I already have about 30 lakh invested in MFs including Tax Savers

Ans: Investing 4 lakh for a two-year horizon to further grow your wealth is a thoughtful endeavor. Since you already have a substantial investment in mutual funds, including tax-saving ones, you're well-versed in the benefits of long-term investing.

For this short-term goal, consider allocating your funds to debt instruments or conservative hybrid funds. Debt instruments like short-term bonds or fixed deposits offer stability and predictable returns, making them suitable for shorter investment horizons. Conservative hybrid funds, blending both equity and debt, provide a balance between growth potential and risk mitigation.

Prioritize capital preservation and liquidity when selecting investments for this goal. Evaluate the risk-return profile of each option and choose investments that align with your risk tolerance and financial objectives.

Remember, even short-term investments require careful consideration and planning. Consult with a Certified Financial Planner to devise a strategy tailored to your needs and ensure your investments serve your goals effectively. With prudent decision-making, you can grow your wealth steadily and achieve your financial aspirations.

(more)

Ramalingam Kalirajan |1039 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 30, 2024

Asked by Anonymous - Mar 17, 2024Hindi

Money

What are the best equity funds for lumpsum investment for 10 years?

Ans: Ah, the quest for the best equity funds for a lump sum investment over 10 years is indeed a journey worth embarking upon. As a Certified Financial Planner, I applaud your foresight in seeking wealth creation opportunities.

In this pursuit, consider funds with a track record of consistent performance, managed by seasoned professionals who understand the nuances of the market. Look for funds that align with your risk tolerance and long-term financial goals.

Remember, investing in equity entails riding the waves of market volatility, but also offers the potential for significant growth over time. Keep in mind the importance of diversification to spread risk across different sectors and companies.

Furthermore, stay informed about economic trends and global developments that could impact your investments. And always remember, patience and discipline are virtues in the world of investing.

Ultimately, the best equity funds for you are those that resonate with your values, aspirations, and appetite for risk. As you navigate this journey, may you find the path that leads you towards your financial dreams.

(more)

Ramalingam Kalirajan |1039 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 30, 2024

Asked by Anonymous - Mar 19, 2024Hindi

Money

Mu sge is 47 Ihave 3.6 cr worth of Microsoft shares. 1.1 cr in PF n PPF . 1.3 cr in FDs. My momthly exp are 1.5 lkh . I want to retire soon. Please suggest best way to invest (with low medium risk apetite) to get 1.5 lkh

Ans: Considering your substantial assets and monthly expenses, retiring comfortably is certainly within reach. To maintain your current lifestyle post-retirement and generate a monthly income of 1.5 lakh, you'll need to deploy your assets wisely.

Equity Investments: Given your low to medium risk appetite, consider allocating a portion of your assets to diversified equity mutual funds or index funds. These investments offer the potential for growth over the long term while spreading risk across various sectors and companies.
Debt Investments: Given your risk appetite, you may also consider investing in debt instruments such as high-quality corporate bonds or government securities. These provide stability to your portfolio while generating a steady income stream.
Systematic Withdrawal Plan (SWP): With a significant portion of your assets in mutual funds and other investments, you can set up a Systematic Withdrawal Plan (SWP) to generate a regular income stream. This allows you to withdraw a fixed amount at regular intervals while keeping your investments intact.
Real Estate: Depending on your preferences and market conditions, you may also explore investing a portion of your assets in rental properties or real estate investment trusts (REITs) to generate additional income.
Tax Planning: Optimize your tax liability by considering tax-efficient investment options such as tax-saving mutual funds (ELSS), tax-free bonds, and other tax-saving instruments.
Emergency Fund: Maintain a sufficient emergency fund in a liquid and easily accessible form, such as savings accounts or short-term fixed deposits, to cover unforeseen expenses.
Consult a Financial Advisor: Given the complexity of your financial situation and the importance of retirement planning, consider consulting with a Certified Financial Planner who can provide personalized advice tailored to your goals, risk tolerance, and financial situation.
By diversifying your investments across different asset classes and maintaining a balanced portfolio, you can generate a steady income stream to support your retirement lifestyle while preserving your wealth for the long term.

(more)

Ramalingam Kalirajan |1039 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 30, 2024

Question by Tauhid - Mar 20, 2024Hindi

Money

Hello sir , I am investing in below mutual funds through SIP. ICICI balanced Advantage 2K HDFC Balanced Advantage 3K Tata Midcap and Largecap 3K Nippon India Small Cap 2K Motilal Midcap 2K ICICI Prudential Commodities 5K Quant Small Cap 5K Is it good funds for long terms ( Horizon of 8/10 years) ? I want to invest more 10K in SIP then which fund should I chose ? Thanks

Ans: Your selection of mutual funds reflects a diversified approach across different categories, suitable for a long-term horizon of 8 to 10 years. However, let's evaluate each fund's characteristics and consider additional options for your increased investment.

ICICI Balanced Advantage and HDFC Balanced Advantage funds offer dynamic asset allocation, making them suitable for investors seeking a balanced approach to growth and risk management. Tata Midcap and Largecap Fund provides exposure to both mid-cap and large-cap stocks, potentially capturing growth opportunities across market segments.

Nippon India Small Cap and Motilal Oswal Midcap funds focus on smaller companies with growth potential, while ICICI Prudential Commodities Fund offers exposure to commodities, diversifying your portfolio further.

Quant Small Cap Fund targets small-cap stocks, enhancing growth potential but also increasing risk due to volatility associated with smaller companies.

Considering your desire to invest an additional 10k in SIP, you may want to consider adding a fund that complements your existing portfolio. A diversified large-cap fund or a flexi-cap fund could offer stability and growth potential. Alternatively, you could consider an international equity fund to diversify globally.

Before making any decisions, it's essential to assess your risk tolerance, investment objectives, and the suitability of the new fund within your overall portfolio. Consulting with a Certified Financial Planner can provide personalized guidance based on your financial situation and goals.

Overall, your current selection of funds appears suitable for long-term wealth creation, and adding a complementary fund can further enhance diversification and growth potential. Keep monitoring your investments regularly and stay informed about market trends to make informed decisions.

(more)

See more questions »

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.

Video Reply
Audio Reply

WhatsApp
Facebook
Twitter
Copy link

Delete

Close

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus

Sign up

email

uname

mobile no

Country Code

Mobile number

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

LOGIN

x