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Neeraj

Neeraj Batra  | Answer  |Ask -

CA, CS, Commerce Expert - Answered on Jun 25, 2023

CA Neeraj Batra is a director and a faculty member at DGS CAPS Learning Private Limited, a coaching institute for Chartered Accountancy and Company Secretaryship.
He has been teaching mathematics to CA, CS and commerce aspirants for over 11 years.
He has taught accounts and finance to IRS officers at the National Academy of Direct Taxes for three years and conducted numerous seminars at schools, colleges and MBA institutes in India.
Under his mentorship, several students have topped the competitive exam and secured All India Ranks.
Batra topped CA Intermediate (PCC) exam from Nagpur in 2009 and completed his CA and CS at the age of 21.
He has also cleared CFA (USA) Level 1.... more
Mrunal Question by Mrunal on Jun 23, 2023Hindi
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Career

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: He can prepare for CLAT(Common Law Admission Test) in XI-XII. Other professional courses in commerce are CA, CS, CMA, MBA(through IPMAT). Important is to prepare for professional course along with XI-XII Commerce.
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Sushil

Sushil Sukhwani  |555 Answers  |Ask -

Study Abroad Expert - Answered on Jun 20, 2023

Asked by Anonymous - Jun 19, 2023Hindi
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Career
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.

..Read more

Mayank

Mayank Kumar  | Answer  |Ask -

Education Expert - Answered on Jul 26, 2023

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Career
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.

..Read more

Latest Questions
Ramalingam

Ramalingam Kalirajan  |6992 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Nov 08, 2024

Money
Sir please review my mutual fund sip portfolio * Axis Mid Cap Fund - Direct Growth = 1000 * ICICI Prudential BHARAT 22 FOF - Direct Plan = 1000 * Mirae Asset Emerging Bluechip Fund - Direct Plan = 1000 * Parag Parikh Flexi Cap Fund - Direct Plan = 1000 * quant Small Cap Fund - Direct Plan Growth = 1000 * SBI Small Cap Fund Direct Growth = 2000 * SBI PSU direct plan growth = 1000 My age is 27 . Looking a long term investment with higher return. Shall I continue this portfolio or any changes required? Kindly give your valuable suggestions . Thank you
Ans: Your portfolio looks well-constructed, with a strong foundation in mid-cap, small-cap, and flexi-cap funds. Each fund you've chosen reflects a strategic approach for growth. Let's evaluate each category and make any necessary suggestions to ensure you achieve the best potential returns over the long term.

Overview of Your Current Portfolio
You’ve diversified well across categories, with each fund serving a unique role. Let’s analyze the strengths and potential improvements in each area of your portfolio.

Mid-Cap Funds
Mid-cap funds, like the one in your portfolio, focus on companies with substantial growth potential but higher risk compared to large-cap companies. Over the long term, these funds often outperform due to their growth-focused nature.

However, consider monitoring this fund periodically. Mid-cap stocks can face higher volatility, which may impact returns if held solely without re-evaluation.

Small-Cap Funds
Small-cap funds are growth-oriented, targeting smaller companies with significant room for expansion. You’ve allocated well to this category, focusing on funds with robust track records.

Due to their volatile nature, however, they can experience sharp swings. A Certified Financial Planner can offer guidance to rebalance if necessary, which could enhance returns and help you avoid undue risk over the long term.

Flexi-Cap Funds
Flexi-cap funds have the flexibility to invest across large, mid, and small-cap companies, making them versatile. This allocation ensures that you have exposure to high-growth stocks while benefiting from the stability of large-cap stocks.

This type of fund aligns well with your long-term goal as it can balance risk across market cycles. Continue with this allocation for stable yet high-growth potential.

Sectoral Funds (Public Sector & PSU Funds)
Sectoral funds focused on PSUs add a thematic angle to your portfolio, providing exposure to government-linked companies. Such funds may perform well during economic growth phases or government-led initiatives but might also experience phases of underperformance.

For long-term investors like you, relying heavily on sectoral funds can add cyclical risk. A diversified equity fund may offer higher long-term growth with less risk than sector-specific investments.

Evaluation of Direct Fund Plans
Sir, investing through direct plans saves on expense ratios, which may seem beneficial at first. However, there are significant drawbacks:

Lack of Advisory Support: Direct plans don't offer professional guidance. Over time, tracking and rebalancing become crucial, and a Certified Financial Planner (CFP) with an MFD (Mutual Fund Distributor) credential ensures optimal management.

Market Cycles and Rebalancing: Without expert oversight, you could miss critical adjustments during volatile market phases, affecting returns. A CFP helps in such rebalancing for better performance.

Tax Implications and Withdrawals: Selling or withdrawing from mutual funds, especially equity funds, incurs tax. Long-term capital gains (LTCG) on equity mutual funds are taxed at 12.5% for gains above Rs 1.25 lakh, while short-term gains (STCG) incur 20%. A regular plan with an MFD provides ongoing tax-efficient strategies.

Opting for regular plans via an MFD with a CFP credential will enable you to maximize returns while accessing insights that make a difference long term.

Suggested Modifications for Higher Returns and Stability
Focus on Balanced Funds Over Sectoral Exposure

To limit risks tied to sectoral funds, consider allocating a portion to balanced or diversified funds. These funds balance equity with stable instruments like debt, reducing volatility and sustaining growth.

Revisit Small and Mid-Cap Allocations

With multiple small-cap and mid-cap funds, consider focusing on one fund in each category. Over-diversification in these can dilute returns and increase tracking requirements. A strategic reallocation could yield more focused, consistent growth.

Consider SIP Step-Up for Long-Term Compounding

An annual SIP step-up, even a small amount, could enhance long-term wealth creation significantly. This adjustment boosts your corpus over time and aligns with your long-term goal of maximizing returns.

Seek Guidance from a Certified Financial Planner

Having a CFP manage your portfolio brings personalized insight into market trends, rebalancing, and tax-efficient strategies. A CFP ensures you capitalize on growth while maintaining balance and tax efficiency.

Key Benefits of Actively Managed Funds Over Index Funds
Sir, I noticed you are not invested in index funds, which is beneficial for your growth objective. Actively managed funds outperform index funds, especially in dynamic market conditions. Here’s why:

Higher Returns Potential: Actively managed funds provide the flexibility to capitalize on changing market opportunities, which index funds lack due to their passive structure.

Adaptive Strategy: Fund managers of actively managed funds adjust to market shifts, providing growth and safety in a fluctuating market.

Downside Protection: During bear markets, actively managed funds can adjust exposure, while index funds simply follow the market downturn. Active management can minimize losses, giving a steadier performance over time.

Final Insights
Sir, you have built a promising portfolio with well-selected funds across categories. A few modifications could ensure a more balanced, growth-oriented, and tax-efficient portfolio. The following adjustments will help you achieve higher returns with sustained stability:

Consider balanced or diversified funds for steadier growth.

Limit mid-cap and small-cap fund overlaps to reduce portfolio complexity.

Use the expertise of a CFP to handle rebalancing, tax efficiency, and market cycle adaptations.

Continue focusing on actively managed funds over index funds, as these provide better long-term value.

Through these steps, you can optimize your portfolio for maximum growth and stability, setting a strong foundation for your long-term investment goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

Anu

Anu Krishna  |1287 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Nov 08, 2024

Asked by Anonymous - Nov 07, 2024Hindi
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Relationship
Hi Anu Mam Im 27 yrs old ( married) and 10 yrs old daughter. Im seperated from my husband since 2 yrs due to several reasons like he is drinking and Totally addicted to it. And he is totally dependent and now today also roaming on the roads of some streets of hyd. I belongs to an orthdox family. Now the question is one backward caste man who is married age : 33 he is interested in me and proposed me to a marriage after knowing all my past and saying that he accepts my child too. And the thing is he said a lie to me at first that he is unmarried and even though i had a good impression on him about the way he behaves with me he even treat me in a very polite manner. He says he loves me even though i too had a good impression but the things are the castes and can we both settle down with a marriage can we be happy or he is only trying to convince me to get him a wife to care care of him or only for his parents, he always talks about his own sister and also the office colleagues calls them sister and get emotional about them those who left the office. And he cries a lot which i dont trust on him and the face i see him that was not an real cry that looks like an act which i dont like in him. May he is acting ? Or really loving me, ge cares alot i feel like he is over reacting
Ans: Dear Anonymous,
If you are in doubt, then it's highly likely that he is putting on an act. Go with your intuition and hey hey, you said that he is married and so are you...You do realize that you just can't go ahead and marry while you are already to other people, right?
Focus on what's happening in your life; you obviously have to do something about it...Other relationships can wait!

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

...Read more

Anu

Anu Krishna  |1287 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Nov 08, 2024

Asked by Anonymous - Nov 06, 2024Hindi
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Relationship
Hello Ms Anu, I am a 42yr female..married since 14 yrs and have 10yr old son . I am highly qualified and financially independent. My marriage was a arranged one.. but in these 14 yrs.. I never experienced love or and attachment from my husband's side. He is a family man.. there is no other woman involved..He loves his parents and his two sisters immensely... but always treats me as a option. I feel humiliated and lonely and he has short temper when i talk about this issue... so basically I don't discuss... but that is no solution... I am suffering and unhappy. What should I do?
Ans: Dear Anonymous,
A few married men can be more focused on the women on their side of the family; it becomes easy to express love, care and attention to them as he has grown with them.
A wife happens to be someone that he is yet to understand. It requires effort to make a marriage work; your husband finds it convenient to take the easy way out and 'hang out' with his family.
So, here you take the lead and start. Start not by bringing forth your complaints as this is going to push him further to them which is going to annoy you BUT by inviting him to be with you. A lot of work, I get it...but the bottom line: that's what you want, right?
Plan dates evenings, take short vacations together, work-out together...the key is to establish a connection which never had its chance in the first place...So, give your best shot! Most times actions speak louder than words ever can...

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

...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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