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Mayank

Mayank Kumar  |193 Answers  |Ask -

Education Expert - Answered on Jul 26, 2023

Mayank Kumar is the co-founder and managing director of upGrad, a higher EdTech company. With over 10 years of experience in the education sector, Kumar can offer guidance about degree courses, campus, job-linked and executive programmes and studying abroad.An MBA graduate from ISB Hyderabad, he holds a BTech in mechanical engineering from IIT Delhi.... more
Mrunal Question by Mrunal on Jun 19, 2023Hindi
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Hello Sir, My Son recently cleared SSC exam with 87.8%. He wants to pursue LAW please guide us for the same along with the other professional courses. regards

Ans: Hi Mrunal, Congratulations to your son on securing 87.8%. If he's so keen on pursuing LAW, then he must do thorough research before taking a call. Law is a diverse field with various specializations available - like criminal law, corporate law, family law, or environmental law. It's important that he identifies his interest first.

Next important step would be identifying the right programs that will get him the maximum career benefits. He could opt for a 3-year LL.B. program after completing his undergraduate degree in any discipline or a 5-year integrated LL.B. program which can be pursued directly after 12th. For admission to prestigious law schools offering integrated LL.B. programs, your son may need to appear for law entrance exams like CLAT (Common Law Admission Test), AILET (All India Law Entrance Test), LSAT (Law School Admission Test), etc. Make sure to stay updated about the exam dates, eligibility criteria, and application processes.

It's important to also compare different law schools based on their faculty, infrastructure, placement records, and specializations offered to be able to make an informed career choice. Today we have a range of online and blended programs available that comes with stronger hands-on element and are at par with offline /offer similar university accreditations. Strong writing skills, internships for gaining practical experience and registering for the BCI after course completion to practice law in the country, are important.

Also, before you suggest alternate career options to him, it's important to check about his interests and passions - Encourage open discussions about his career aspirations, and consider seeking guidance from career coaches or professionals in the fields he is considering.
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Sushil

Sushil Sukhwani  |590 Answers  |Ask -

Study Abroad Expert - Answered on Jun 20, 2023

Asked by Anonymous - Jun 19, 2023Hindi
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Hi , My son has chosen Law group for 11th and he is interested to pursue law further. What are the courses he can take after 12th in India / aborad , to continue hos bachelors degree.
Ans: Hello,

To begin with, thank you for contacting us. There are a number of possibilities available both in India and overseas if your son decides to pursue a career in law after graduating from high school. He can continue his Bachelor's degree by enrolling in the following courses:

1. B.A., B.Sc., and B.Com. Integrated LLB: Numerous universities in India offer integrated five-year programs that combine a Bachelor's degree with a Law degree. These programs offer a thorough understanding of the law and its applications in a variety of disciplines.

2. Bachelor of Laws (LLB): Your son can enrol in a three-year LLB program after earning a bachelor's degree in any field. After completing their undergraduate degrees, this is the conventional path for students who desire to specialize in law.

3. Juris Doctor/Doctor of Jurisprudence (JD): Your son can enrol in a Juris Doctor program if he is thinking about studying law abroad. It is a professional graduate legal degree that is available in nations viz., the United States, Canada, and Australia. The JD program is typically three years long and is intended for students having a bachelor's degree in any field.

4. Bachelor of Civil Law (BCL): The Bachelor of Civil Law is a postgraduate legal degree that provides an in-depth study of several legal areas in some nations, including the UK. It is a one-year program for students who have previously earned a law degree or the equivalent.

5. Bachelor of Legal Studies: Some nations, notably the US, offer this as an undergraduate degree. It offers a thorough grounding in legal ideas and can act as a springboard for further legal study or careers in related disciplines.

6. Pre-law Bachelor of Arts or Science degree: For students interested in obtaining a legal degree, certain colleges have undergraduate programs designed just for them. To foster the critical thinking and analytical abilities needed in the legal profession, these courses concentrate on topics like political science, history, and ethics.

7. Diploma/Certificate Courses: Institutes provide a number of certificate and diploma programs in a variety of legal specialties. These courses which are frequently less time-consuming than degree programs, offer particular knowledge and abilities in fields like Criminal Law, Human Rights Law, Intellectual Property Law, Business Law, and Cyber Law. These classes might range in length and provide concentrated knowledge helping you better grasp specific legal subjects.

Your son should examine the precise prerequisites and admission processes for the courses he is interested in, as they may differ between universities and nations. He can also make a decision based on aspects like his professional objectives, the institution's standing, the location, and the availability of internship or practical experience chances.

For more information, you can visit our website.

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Samraat

Samraat Jadhav  |2248 Answers  |Ask -

Stock Market Expert - Answered on Apr 02, 2025

Asked by Anonymous - Apr 02, 2025Hindi
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I have been investing in shares for several years and have seen good returns, but with increasing market volatility, I'm considering diversifying into international stocks or alternative assets. What are the potential benefits and risks of each approach?
Ans: Diversifying into international stocks and alternative assets can be a strategic move, especially given your experience in financial analysis and investment planning. Here’s a breakdown of the benefits and risks of each approach:
International Stocks
Benefits are as follows:
- Diversification – Investing globally reduces dependence on domestic market conditions and spreads risk
- Access to High-Growth Markets – Some international markets, particularly emerging economies, may offer higher growth potential.
- Currency Appreciation – If the foreign currency strengthens against the INR, your returns could increase.
- Exposure to Leading Industries – Developed markets like the U.S. provide access to top tech, healthcare, and finance companies.

Risks involved in international markets are as follows:
- Currency Fluctuations – Exchange rate volatility can impact returns.
- Political & Economic Risks – Foreign regulations, trade policies, and economic instability can affect investments.
- Higher Transaction Costs – International investing often involves additional fees and taxes.
- Limited Information Access – Researching foreign companies may be more challenging compared to domestic firms.

Alternative Assets (Real Estate, Commodities, Private Equity, etc.)
Following are the benefits:
- Low Correlation with Stock Markets – Alternative assets often move independently of traditional markets, helping mitigate volatility.
- Inflation Hedge – Real assets like gold and real estate tend to retain value during inflationary periods.
- Potential for High Returns – Private equity and hedge funds can offer substantial gains if managed well.
- Portfolio Customization – Some alternative investments allow direct control, such as real estate or private businesses.

Risks involved are as follows:
- Illiquidity – Many alternative assets, such as private equity and real estate, are not easily sold.
- Complexity – These investments often require specialized knowledge and due diligence.
- Higher Fees – Alternative investments may have higher management costs and entry barriers.
- Market Uncertainty – Some assets, like cryptocurrencies, can be highly volatile.

Given your methodical approach to financial planning, you might find international ETFs a convenient way to gain global exposure while managing risk. Similarly, REITs or commodity funds could be a structured way to enter alternative assets without direct ownership complexities.

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Ramalingam

Ramalingam Kalirajan  |8175 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 02, 2025

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I'm now 68 years old. Living with my wife. I have 2 daughters. Both are well settled. I don't have any liability. I'm a pension holder. I'm getting Rs 75,000/- pension pm. I have invested Rs1,50,00,000 in FD. 7lakhs in Mutual funds, 6,50,000 in equity. 12 Lakhs in Sovereign Gold Bond, I'm getting Rs 35,000/- House rent pm. I have 25 lakhs Cash in hand. I want to deposit the above amount. How can I diversified the above amount to deposit?
Ans: Your financial position is strong. You have a steady pension and rental income. Your investments are diversified across FDs, mutual funds, equity, and gold bonds. Let’s allocate your Rs. 25L wisely.

Emergency Fund Allocation
Keep Rs. 5L in a high-interest savings account.

Use a liquid mutual fund for another Rs. 3L for easy access.

This ensures quick access to funds in case of unexpected expenses.

Debt Investment for Stability
Invest Rs. 7L in a mix of short-term and medium-term debt mutual funds.

These offer better post-tax returns than FDs.

Choose high-quality funds with stable performance.

Equity Investment for Growth
Allocate Rs. 5L to large-cap mutual funds via SIP.

This ensures gradual market participation and reduces risk.

Avoid direct stocks for this amount, as mutual funds offer better risk management.

Gold Investment for Inflation Hedge
You already have Rs. 12L in Sovereign Gold Bonds.

No additional gold investment is needed.

Regular Income Investment
Invest Rs. 5L in SWP-based mutual funds for periodic withdrawals.

This provides additional income while keeping capital appreciation intact.

Final Insights
Your current portfolio is well-structured. This allocation balances liquidity, stability, and growth. Your pension and rental income provide financial security. Diversifying your Rs. 25L ensures better returns while maintaining risk control.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

Ramalingam

Ramalingam Kalirajan  |8175 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 02, 2025

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Sir kindly suggest some mf for steady return for 5 yr in SIP in large cap
Ans: Investing in large-cap mutual funds through SIP is a stable choice. These funds focus on established companies with strong financials. They offer consistent growth with lower risk compared to mid-cap and small-cap funds.

Let’s assess how to select the right fund.

Why Large-Cap Funds for Five Years?
Invest in top companies with proven stability.

Less volatile than mid-cap and small-cap funds.

Suitable for a five-year investment horizon.

Provide inflation-beating returns over time.

Ideal for steady compounding with SIP investments.

Actively Managed vs. Index Funds
Actively managed funds outperform index funds in varying market conditions.

Fund managers adjust portfolios based on market trends.

Index funds only replicate the market and cannot outperform it.

Actively managed funds provide better downside protection.

For five-year investments, active management ensures stable performance.

Choosing the Right Fund
Look for funds with a history of stable returns.

Ensure the fund has an experienced fund manager.

Avoid funds with frequent manager changes.

Select funds with lower expense ratios among actively managed ones.

Check the rolling returns of the fund, not just past performance.

Tax Considerations
Long-term capital gains (LTCG) above Rs. 1.25 lakh taxed at 12.5%.

Short-term capital gains (STCG) taxed at 20%.

SIP investments held for over one year qualify for LTCG benefits.

Plan withdrawals strategically to reduce tax burden.

Final Insights
Large-cap mutual funds are suitable for stable returns over five years. They balance risk and reward effectively. Choose an actively managed fund with strong historical performance. Stay invested with SIPs for disciplined wealth creation.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

Ramalingam

Ramalingam Kalirajan  |8175 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 02, 2025

Asked by Anonymous - Apr 01, 2025Hindi
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Money
Sir...I am 56 years old. I want to take voluntary resignation. I will get 45000 as monthly pension and Rs.75 lacs as lumpsum. I have own house and only son is working in TCS. Can i take VRS????
Ans: Your situation is strong. You have a stable pension, a lumpsum amount, and no housing worries. Your son is financially independent. Let’s evaluate your decision from all angles.

Monthly Cash Flow Analysis
You will receive Rs. 45,000 per month as a pension.

Your expenses must be assessed. If your monthly spending is less than Rs. 45,000, then pension alone can cover your needs.

If expenses are higher, you will need an income from your Rs. 75L corpus.

Inflation will increase costs over time. Your pension may not grow, so investment returns should outpace inflation.

Emergency Fund Planning
Keep at least 12 months of expenses in a safe place.

Use a combination of a bank savings account and a liquid mutual fund.

Avoid locking all your funds in long-term investments.

Investment Strategy for Rs. 75L
You must structure investments to generate income, ensure growth, and manage risk.

Allocate funds into mutual funds for long-term growth.

Use Systematic Withdrawal Plans (SWP) for steady income.

Diversify across large-cap, flexicap, and hybrid mutual funds.

Consider debt funds for stability.

Avoid high-risk sectoral/thematic funds for income needs.

Tax Efficiency
Pension is taxable as per your income tax slab.

Mutual fund withdrawals are taxed based on duration and type.

Keep SWP withdrawals below the taxable limit to minimize tax burden.

Use tax-saving instruments like PPF and senior citizen savings schemes if applicable.

Health Insurance and Medical Planning
Ensure you have a good health insurance plan.

A cover of Rs. 15-20L is advisable for senior years.

Maintain a separate emergency fund for medical needs.

Consider critical illness insurance for major health risks.

Estate Planning and Will Creation
Create a will to ensure smooth asset transfer.

Appoint a nominee for all investments and bank accounts.

Discuss future financial plans with your son.

Final Insights
Taking VRS is a viable option for you. Your pension provides a steady income. Your Rs. 75L can be invested wisely to support future needs. Focus on structured investments, tax efficiency, and health security. If planned well, this decision can give financial stability and peace of mind.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

Mayank

Mayank Chandel  |2159 Answers  |Ask -

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on Apr 02, 2025

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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