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Sushil

Sushil Sukhwani  |352 Answers  |Ask -

Study Abroad Expert - Answered on Oct 09, 2023

Sushil Sukhwani is the founding director of the overseas education consultant firm, Edwise International. He has 31 years of experience in counselling students who have opted to study abroad in various countries, including the UK, USA, Canada and Australia. He is part of the board of directors at the American International Recruitment Council and an honorary committee member of the Australian Alumni Association. Sukhwani is an MBA graduate from Bond University, Australia. ... more
Asked by Anonymous - Oct 08, 2023Hindi
Career

Hello Sushil, my son hasn't completed any UG course inspite of getting admission into 3 premier colleges in India. Now he wants to apply for a course in MIT or Stanford. He has scored 117/120 in TOEFL. Expecting his SAT result by this month end. Can you please guide us with the admission process ? Also is there any organization which can assist him with scholarship for the program. He is an extremely intelligent and hardworking student. It is just that the education system here wasn't convincing him to finish what he started.

Ans: Hello,

First and foremost, thank you for getting in touch with us. I am glad to hear about your son’s plans on enrolling in a course at leading American universities viz., MIT or Stanford. I would like to inform you that it’s very likely for many students to alter their educational pathways. Similarly, remember that applications made by students who have chosen to embark on different education paths are taken into account by the above mentioned universities. Follow these steps to ensure a successful admission process:

1. Education Prerequisites: The education prerequisites for each university is unique. I would suggest that your son fulfills these minimum requirements that generally require him to maintain a strong grade point average (GPA), high scores in the ACT/SAT exam, and complete challenging courses in high school.

2. Submit TOEFL Test Results: As mentioned previously, your son has scored 117/120 in the TOEFL examination. I would like to tell you that this is indeed outstanding and must satisfy the prerequisites for English language competency.

3. Submit Marksheets: Your son will need to acquire and submit official marksheets from all his past academic institutions.

4. Craft a Compelling Personal Statement or Essays: A strong Statement of Purpose (SOP) or personal essays demonstrating your son’s past experiences, character, and reasons for him aspiring to study at MIT or Stanford University need to be prepared and submitted.

5. Endorsement Letters: As part of the admission procedure, your son will also need to obtain compelling recommendation letters from professors or instructors who can attest to both, his personality and skills.

6. Showcase Extracurricular Achievements: Remember that showcasing one’s extracurricular activities is also a vital part of the application process, thus, I would recommend that your son demonstrates his participation in extracurriculars, highlights his roles as a leader in any event as well as talks about his accomplishments.

7. Submit Standardized Exam Results: As soon as your son receives his SAT result, he should submit the same. Its crucial to achieve high scores as both, Stanford and Massachusetts Institute of Technology (MIT) welcome these tests.

8. Appear for Interviews: Keep in mind that certain programs may require your son to appear for interviews as part of the admission procedure. He should be well prepared for the same. I would recommend that he investigates common interview questions and prepares his responses to those queries.

9. Investigate Possible Scholarships and Monetary Assistance Options: Multiple scholarships and financial assistance possibilities are offered by these American universities. I would suggest that your son takes into account the available scholarships and funding alternatives, and applies for the same.

10. Making Applications for External Scholarships: As an answer to your query, I would suggest that your son conducts a comprehensive study on external grant possibilities that provide assistance to international students. These scholarships, with varying eligibility criteria are offered by organizations viz., Rhodes Scholarship, Fulbright, or numerous other groups.

11. Adhere to Application Deadlines: Do not miss out on the application deadlines for both, Stanford and MIT. Submit each university’s application on time.

12. Plan your Finances: Consider the living costs, tuition fees, medical costs, as well as other study abroad expenditures, and plan your finances accordingly.

13. Meet Visa and Immigration Rules: To study in the USA, familiarize yourself with the visa and immigration guidelines. Also, prepare the required paperwork ahead of time.

14. Take into account possible routes: If it is taking a while for your son to secure admission, I would suggest that you take into account other possible routes viz., getting him enrolled in community college transfer courses. This pathway has been opted for by a number of students which has proven to be successful.

15. Acquire Guidance: Meaningful insights and assistance can be provided by study abroad organizations and consultancies to international students who can guide them throughout the application procedure and help them obtain grants or scholarships. I recommend that you get in touch with such consultancies.

In the application, your son should describe his prior school experiences as well as pen down the reasons for him not completing any undergraduate course despite securing admission to three prestigious colleges. In addition, if granted an opportunity, he should throw light on his capacity to grow and succeed. These universities have cut-throat competition for admission. Your son’s opportunities to secure admission and obtain monetary assistance can be boosted through submitting a robust application.

For more information, you can visit our website.
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Sushil Sukhwani  |352 Answers  |Ask -

Study Abroad Expert - Answered on Jan 13, 2024

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Hello, My son is in his 5th semester at VIT Chennai- pursuing B.Tech- CSE (AI&R). He's currently home till December as they had their fast semester to allow for a window for Internships & some mandatory online courses to complete. My son is interested in pursuing UI UX as his interest & expertise are more in this field and has also obtained many online certifications thereof. I want to give him the freedom to pursue his Masters in the best institutes in this field. We went for an UG in India so that if needed he could go abroad for his Masters; I want to know which institutes are the preferred ones in this line & how do we go about the approach to admissions there. Please suggest a roadmap so that his current time (till December 2023) is utilised well and we have a guidemap of which courses to pursue.
Ans: Hello Mahoe,

First and foremost, thank you for getting in touch with us. I am glad to hear that your son is currently pursuing the 5th semester of his Bachelor’s of Technology (B.Tech) degree and is clearly interested in pursuing UI/UX, having already obtained a number of online certifications in this field. I would like to let you know that your son can improve his abilities and be presented with new possibilities through pursuing a Master's degree at an esteemed university. As requested by you, here is a suggested roadmap:

First and foremost, I would recommend that your son conducts an extensive study on leading universities well-regarded for the superior UI/UX design programs they offer. Massachusetts Institute of Technology (MIT), the Royal College of Art, Carnegie Mellon University, the Interaction Design Foundation, and Stanford University, are among the prominent ones. Next, your son should look into the entry prerequisites set by these universities. These generally entail a robust educational background, a Statement of Purpose, recommendation letters, a portfolio of his work, as well as results of standardized tests viz., the GMAT or GRE. Make sure your son concentrates on keeping a strong GPA throughout, and begins his preparation for any mandatory standardized tests. Remember, a portfolio is a significant element of the application procedure, and your son’s chances of securing admission can be boosted to a great extent with a strong one. Thus, he should continue building an impressive portfolio encompassing case studies, projects, as well as any freelance work that he has undertaken that is related to the field of UI/UX. Collaborating and building connections is vital to the field of UI/UX design. I would suggest that your son connects with online groups, engages in conferences, and gets in touch with industry experts. This is a great way to acquire useful information as well as boost his chances of getting strong recommendations. Its important to stay abreast with the most recent UI/UX resources and innovations, and thus, pointing out any gaps in your son’s skillset and encouraging him to take up further online courses or seminars to fill them proves beneficial. As the next step, with the application deadlines soon approaching, assist your son in drafting a convincing Statement of Purpose that highlights his experiences, enthusiasm, and professional objectives in the field of UI/UX. Keep all the necessary documents including marksheets and recommendation letters ready beforehand. Furthermore, your son should examine the available scholarships and other forms of monetary assistance provided by these universities in the UI/UX field. Lastly, prepare a schedule with all the requirements and due dates he needs to adhere to in order to submit the application. This will aid in seamlessly managing the process and prevent anxiety at the last moment. Stick to this roadmap to boost your son’s chances of securing admission to a leading program in UI/UX design.

For more information, you can visit our website.

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Sushil

Sushil Sukhwani  |352 Answers  |Ask -

Study Abroad Expert - Answered on Sep 27, 2023

Career
Dear Sushil ji, My husband completed his MBA from IIM dubai in 2009. Right now he is working as an Asst. Manager in a private industry from the last 14years. Now he is ready to make his goal as to study MS in USA by his own money. Now his age is 38years with 14years work experience. Can he apply for the universities in USA. If yes is he required GRE score for january '24 application? Please advice/suggest us. And aslo if yes please suggest which course are helpful for better future..
Ans: Hello D,

To begin with, thank you for contacting us. I am happy to hear about your husband’s plans to pursue an MS in the USA. To answer your question first, considering your husband’s background, having acquired 14 years of professional experience, and even at the age of 38 years, it is indeed possible for him to now apply for MS (Master’s of Science) programs in the United States. Candidates who have acquired different experiences are highly sought-after by a number of universities in the USA. Taking into account this factor, your husband’s MBA degree in 2009 from IIM Dubai, will definitely be a plus point, which I believe, in turn, will definitely make him an invaluable asset. I suggest that you take the below mentioned factors into consideration and then make a final decision:

1. Take into account your husband’s age and years of professional experience:
Your husband’s decision to pursue a Master’s degree in the USA is a wise choice. Although his age may not match the ages of the other candidates opting for a Master’s course, I would like to let you know that having acquired 14 years of professional experience will definitely serve as a plus point in this academic pursuit. Candidates with diverse work experiences having been employed at different companies, are often preferred by the Admissions committees. Your husband’s 14 years of professional experience surely brights to light his level of maturity, unwavering dedication, and the different ways in which he can prove to be a perfect fit for the program he intend pursuing.

2. Researching and Shortlisting Programs:
This is a crucial step in the application process, wherein your husband needs to conduct an extensive study and shortlist programs that align with his interests and academic objectives. Considering his background, I believe, he would surely wish to pursue management, and business-oriented programs or maybe programs in an associated field that matches his abilities. Accordingly, he can look into programs viz., Master of Science in Finance (MSF), Master of Science in Management (MSM), or Master of Science in Information Technology (MSIT), etc. I suggest that he selects the perfect program, and for that he will need to investigate universities and the programs they have to offer, and finally select the one that best resonates with his professional ambitions.

3. Appearing for the GRE as a program prerequisite: Addressing your query concerning whether or not your husband would need to appear for the Graduate Record Examination (GRE), I would like to inform that you will need to inquire with the specific university and program your husband intends applying for. Each university and program has varying prerequisites. In my opinion, the GRE standardized test may be a necessity while applying for certain programs. On the other hand, considering your husband’s past educational accomplishments and professional experience, other programs may not require him to appear for the GRE. I suggest that he meticulously investigates the entry criteria of the universities and courses he wishes to apply to.

4. Applying to universities and programs: As a part of the application procedure, your husband will need to submit important documents. I recommend that he prepares an excellent application. He will need to submit a compelling Statement of Purpose, endorsement letters from professors and employers who can attest to his academic achievements and character, as well as results of mandatory standardized exams. He should strongly focus on his professional experience and explain how it makes him the perfect fit for the program he intends applying to. I recommend that he begins the application process beforehand.

5. Plan your Finances: I know that studying in the USA is a costly affair, and for that reason, your husband should budget his finances correctly, so as to cover his cost of education, including living and tuition costs, as well as other miscellaneous expenditures. Also, a number of grants, scholarships, and other forms of financial aid, in addition to part-time employment possibilities, are offered by majority of the universities. I recommend that your husband looks into the available assistantships, scholarships etc. as these can help alleviate the high costs of studying.

6. Obtaining a Valid Visa and following Immigration Guidelines: Your husband, on securing admission, will be required to obtain a valid student visa in order to study in USA. An F-1 visa is the required one. I recommend that he conducts an extensive study and prepares for the visa application process.

7. Consider Long-Term Prospects: Your husband should take into account his prospects for the future and understand in what way the Master’s program opted for by him resonates with these prospects. I believe that undertaking internships, career guidance, and building connections while still pursuing his Master’s degree will go a long way in enabling your husband bag employment possibilities upon graduating.

Summarizing the above, I would like to tell you that taking both, your husband’s age and professional experience into account, he is eligible to apply for USA Master’s programs. Nevertheless, I recommend that he conducts a comprehensive research and opt for those courses that best match his aspirations. Not just that, he should also make a compelling application as well as possess a sound financial strategy. I also suggest that he finds out whether or not the particular programs require him to appear for the GRE or not, and that he adheres to other prerequisites for admission if required.

For more information, you can visit our website.

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Sushil

Sushil Sukhwani  |352 Answers  |Ask -

Study Abroad Expert - Answered on Oct 13, 2023

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My son is Btech from IIT delhi having 3 years work experience in a software start up. he wants to pursue MS in computer Science,has Gre score above 350,TOFFLE score above minimum required.He applied last year too but didnt receive any call from Ivy League universities.This year too he will apply what should he do to get admission in good university sanjay
Ans: Hello Sanjay,

To begin with, thank you for contacting us. I am happy to hear about your son’s plans on pursuing Master’s of Science in Computer Science. As an answer to your query, I would like to tell you that your son should follow these recommendations in order to enhance his chances of securing admission to Ivy League universities.

As the first step, your son should make sure to draft a compelling application. This entails submitting a strong Statement of Purpose/Personal Statement that outlines his interest for the field of computer science, his accomplishments as well as his future goals. Not just that, he should also obtain robust endorsement letters from professors or employers who can attest to his character and abilities. As mentioned previously, your son has applied to only Ivy League universities. Remember that outstanding programs in Computer Science are offered by a number of high-class universities. I would suggest that he submits applications to not only Ivy League but rather to a broad variety of universities. In doing so, his chances of obtaining admission offers will be boosted.

Remember that extracurricular activities are an integral part of the application procedure, and thus, I would recommend that in order to showcase his passion for the field of computer science, your son should throw light on extracurriculars or outstanding achievements he has earned. Versatile applicants are often favored by admissions committees. As mentioned above, your son has already appeared for and obtained a GRE score of more than 350. I would say that though this score earned by him is respectable, it might not necessarily meet the criteria to secure admission to Ivy League universities. Earning a robust score can greatly enhance your son’s application, and thus, I would recommend that he re-appear for the GRE examination and strive to achieve a greater score.

When applying to certain universities, your son may be required to appear for interviews as part of the application process. I would recommend that he researches common interview questions and prepares his responses to those queries. If asked for, he should be well prepared to throw light on his past experiences, background, as well as his objectives for the future. Remember that one’s performance in the interview can greatly decide whether he/she secures admission. Your son should show his earlier application to academic advisors or counselors if possible as they would be able to point out areas that require improvement, provide meaningful insights, and guide him better. Lastly, with a number of universities have rolling admissions procedures, I would recommend that your son submits his applications ahead of time.

I would like to point out that although Ivy League universities are well-renowned, several other universities offer outstanding computer science programs that your son can consider applying to. His chances of getting admitted to a reputed program in the field of computer science can be enhanced if he applies to a number of universities.

For more information, you can visit our website.

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Sushil

Sushil Sukhwani  |352 Answers  |Ask -

Study Abroad Expert - Answered on Dec 30, 2023

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Shekhar

Shekhar Kumar  |136 Answers  |Ask -

Leadership, HR Expert - Answered on May 13, 2024

Asked by Anonymous - May 12, 2024Hindi
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Hi, I worked in IT industry for 12+ years. Then I had to quit my job because of family commitments. Its been 10+ years now. In those years, though I haven't been in a regular job, I have done a few freelancing jobs now and then. Also, run a couple of niche but non technical websites. I have also stayed in touch with latest technologies through certfications and self learning. Now, since my kids are grown up, I am thinking of resuming my career. But the huge career gap seems to hinder opportunities. Though I try to motivate myself to persevere, it is a bit frustrating as some of the jobs that suit my tech skills go past me because of the gap. What is the best strategy to restart my career? Kindly please advice. Thanks in advance.
Ans: It's understandable that the gap in your formal employment might be frustrating, but it doesn't diminish your 12+ years of experience and your ongoing efforts to stay updated. Here's a strategic approach to relaunching your IT career: Revamp your resume to showcase your core IT skills and accomplishments, not focusing heavily on the exact dates of your employment. Quantify your achievements with metrics whenever possible (e.g., increased website traffic by X% through SEO improvements). Frame your freelance projects as valuable consulting experiences where you independently tackled real-world problems. Your websites demonstrate your initiative and technical abilities in managing projects. Don't aim for the exact same senior-level positions you held before the break. Consider mid-level roles that allow you to re-enter the workforce and demonstrate your updated skills. You can gradually progress within a company. Reconnect with former colleagues or classmates on LinkedIn. Inform them you're re-entering the workforce and seek informational interviews to learn about current industry trends and potential opportunities. Update your LinkedIn profile and consider creating a professional website or portfolio showcasing your IT skills and freelance projects. Volunteer for a non-profit organization or take on short-term contract work to gain recent technical experience and build your resume. Remember, re-entering the workforce after a break takes time and perseverance. Focus on your strengths, strategically tailor your job search, and don't be discouraged by initial setbacks. By effectively showcasing your skills and experiences, you'll land the right IT opportunity to relaunch your successful career.

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Asked by Anonymous - May 11, 2024Hindi
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I want to start a faceless youtube channel in infotainment niche. Iam from a science background i work full time in hospital. I have no idea about how to create eye catching content for the videos. where should i learn how to make these kind of videos? and about copy rights? Most of the youtube videos on how to make videos are sponsered bt some heavily priced software or any app that helps to edit videos. What to do ?
Ans: Here's a roadmap to creating eye-catching content for your faceless infotainment YouTube channel with a science background, without the pressure of expensive software. Pick interesting scientific concepts and explain them in a clear, concise, and entertaining way. Use humor, analogies, and relatable examples to connect with your audience. Lists and countdowns are popular formats. Create videos like "Top 10 Medical Myths Debunked" or "5 Amazing Facts About the Human Body." Use free animation tools like Powtoon or Animaker to create visuals that complement your narration. Show how scientific concepts apply to our daily lives. For example, "The Science Behind the Perfect Cup of Coffee." OpenShot is a great option for basic editing and adding text overlays, transitions, and sound effects. There are many channels like "Video Editing Rockstars" and "Film Riot" that offer free tutorials on editing techniques, storytelling for video, and creating motion graphics. Skillshare is an online learning platform that offers free trials and affordable monthly subscriptions with courses on animation, video editing, and scriptwriting to help you do well. Look for videos and images with a Creative Commons license that allow for reuse with attribution. Websites like Pixabay and Freesound offer a vast library of free music and videos that you can use in your content. The free editing software options listed above offer enough features to create engaging videos. Focus on honing your content creation skills and storytelling skills before investing in expensive software. Respond to comments, answer questions, and run polls to keep your viewers engaged. This builds a community around your channel and helps with audience retention. Remember, creating a successful YouTube channel takes time and effort. Be patient, experiment with different formats, and keep learning. By leveraging your science background and these free resources, you can create eye-catching infotainment videos that your audience will love.

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Shekhar

Shekhar Kumar  |136 Answers  |Ask -

Leadership, HR Expert - Answered on May 13, 2024

Asked by Anonymous - May 10, 2024Hindi
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Hi, I'm 40 years old ,i have done BBA in finance and marketing. It's completed in 2006.i have experience of 5 year in retail and then I moved to foreign exchange company and worked for another 4-5 years in 2-3 companies.but I lost my job in corona time.and since then I'm working as a freelancer for the forex customers.also looking for jobs but couldn't get right job.i have responsibilities but I am not earning as I needed. Pls suggest me what should I do?
Ans: I understand this must be a frustrating situation. You have a strong educational background and experience, but the job market can be tough. Don't view freelance work as a gap in your employment history. Frame it as an opportunity where you leveraged your expertise to consult with clients. Quantify your achievements as a freelancer whenever possible (e.g., increased client base by X%, secured Y new contracts). The financial and marketing fields have likely evolved since your graduation in 2006. Consider taking online courses, certifications, or workshops to update your knowledge in areas like financial technology (FinTech), digital marketing, or social media marketing. These in-demand skills can make your resume more attractive to employers. Since you already have experience freelancing for forex clients, explore ways to expand your freelance offerings. Can you offer additional services like market research, competitor analysis, or content creation related to finance or foreign exchange? Don't limit yourself to just finance or forex roles. Consider marketing positions within financial institutions, wealth management firms, or fintech companies. Your marketing background could also be valuable in other industries like retail, healthcare, or technology. Remember, your age and experience are assets. Age is not a liability; hence, by highlighting your transferable skills, expanding your skillset, and utilizing a strategic job search approach, you can increase your chances of landing the right job.

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Shekhar

Shekhar Kumar  |136 Answers  |Ask -

Leadership, HR Expert - Answered on May 13, 2024

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Hi, I am BE electronics engineering. I have 14 years experience in embedded firmware development. So 9 years in one company.i am saturated. I want to change domain Please guide and help
Ans: It sounds like you've had a significant amount of experience in embedded firmware development, and you're now looking to transition to a new domain. Explore different industries and sectors that align with your interests and skills. Look into areas such as IoT, AI, renewable energy, automotive, healthcare technology, or cybersecurity, among others. Identify transferable skills from your current role that are applicable to the new domain. Your experience in embedded firmware development likely includes skills such as problem-solving, coding proficiency, project management, and collaboration, which can be valuable in various industries. Depending on the new domain you choose, you may need to acquire additional knowledge or skills. Consider taking courses, obtaining certifications, or pursuing further education to enhance your expertise in the desired field. Connect with professionals working in the new domain through networking events, online forums, and social media platforms like LinkedIn. Seek informational interviews to learn more about their experiences and gain insights into the industry. Remember that transitioning to a new domain may take time and effort, but with determination and a strategic approach, you can successfully make the switch and embark on a fulfilling new career path.

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Ramalingam

Ramalingam Kalirajan  |2037 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 12, 2024

Asked by Anonymous - May 12, 2024Hindi
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Money
I have a monthly income of 1.4 lacs. Have 62 Lacs in FD, 5 Lacs in PF and about 5 lacs in equity. I spend about 40 k per month. How can I plan my retirement. Please suggest. Thanks.
Ans: Given your current financial situation, planning for retirement requires a strategic approach to ensure financial security in your golden years. Let's outline a retirement plan tailored to your needs:

Assess Retirement Needs: Start by estimating your expected expenses during retirement. Consider factors such as healthcare costs, living expenses, travel, and leisure activities. Be realistic in your estimations to ensure you have adequate funds to maintain your desired lifestyle.

Evaluate Current Assets: Take stock of your existing assets, including FDs, PF, and equity investments. Calculate their expected growth over time and factor in inflation to determine their future value. This assessment will provide a baseline for your retirement corpus.

Investment Strategy: Given your conservative investment approach with significant holdings in FDs and PF, consider diversifying your portfolio to optimize returns while managing risk. Allocate a portion of your portfolio to equity investments for long-term growth potential, balanced with fixed-income securities for stability.

Retirement Corpus Calculation: Determine the desired corpus needed to sustain your lifestyle during retirement. Factor in inflation, life expectancy, and potential healthcare expenses. Use online retirement calculators or consult with a Certified Financial Planner to arrive at a realistic target amount.

Savings and Investments: Maximize your savings by setting aside a portion of your monthly income specifically for retirement. Channel these savings into a mix of retirement-focused investments such as Equity Linked Savings Schemes (ELSS), National Pension System (NPS), and Mutual Funds tailored for retirement planning.

Regular Review and Adjustment: Regularly review your retirement plan to track progress towards your goals and make adjustments as needed. As you approach retirement age, gradually shift your portfolio towards more conservative investments to preserve capital and minimize risk.

Emergency Fund: Maintain an emergency fund equivalent to 6-12 months' worth of living expenses to cover unforeseen expenses or income disruptions during retirement.

Consult a Financial Planner: Consider seeking guidance from a Certified Financial Planner who can provide personalized advice based on your financial goals, risk tolerance, and retirement timeline. They can help optimize your retirement plan and address any concerns or uncertainties you may have.

By following these steps and staying disciplined in your savings and investment approach, you can work towards building a substantial retirement corpus that will provide financial security and peace of mind in your retirement years.

Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

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Ramalingam

Ramalingam Kalirajan  |2037 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 12, 2024

Asked by Anonymous - May 12, 2024Hindi
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Hi how would you rate my current MF portfolio valued at 11.82 lac on investment of 9.14 lac absolute return of 29.29% and XIRR 24.27%. Other details: Age: 24 Portfolio age 4 yrs No of funds: 19 (1 large, 1 mid, 2 small, 3 elss, 6 thematic, 3 hybrid, 2 debt, 1 index) Monthly SIP of 33.5k present, with 10% step-up annually Gosl is 10cr by 2040 (16 yrs from now)
Ans: Your Mutual Fund portfolio exhibits strong growth, showcasing commendable returns considering your investment horizon and the diversified nature of your holdings. Let's delve deeper into assessing your portfolio's performance and its alignment with your long-term financial goals.

Absolute Return and XIRR: An absolute return of 29.29% and an XIRR (Extended Internal Rate of Return) of 24.27% reflect the overall performance of your portfolio over the four-year period. These figures indicate that your investments have outperformed expectations, generating significant gains.

Diversification: With a portfolio comprising 19 funds across various categories including large-cap, mid-cap, small-cap, ELSS, thematic, hybrid, debt, and index funds, you've demonstrated a robust diversification strategy. This diversified approach helps mitigate risk and capture opportunities across different market segments.

SIP Strategy: Your monthly SIP of 33.5k, coupled with a 10% annual step-up, underscores a disciplined and systematic investment approach. This strategy not only fosters regular investing but also harnesses the power of compounding over time, contributing to the growth of your portfolio.

Long-Term Goal: Your goal of achieving a corpus of 10 crores by 2040 (16 years from now) is ambitious yet achievable with prudent financial planning and disciplined investing. Given your current portfolio performance and SIP strategy, you're on track to realizing this long-term objective.

Risk Management: While your portfolio is well-diversified, it's essential to periodically review your holdings to ensure they remain aligned with your risk tolerance and investment objectives. Keep an eye on fund performance, expense ratios, and changes in market dynamics to make informed decisions.

Portfolio Optimization: Consider periodically rebalancing your portfolio to maintain the desired asset allocation and weed out underperforming funds. Regularly assess the relevance of thematic and sectoral funds in your portfolio, as they may be more prone to market volatility.

Professional Guidance: Engaging with a Certified Financial Planner can provide valuable insights and personalized advice to optimize your portfolio and navigate towards your financial goals more effectively. They can help fine-tune your investment strategy and ensure it remains aligned with your evolving needs.

In summary, your Mutual Fund portfolio has exhibited commendable growth and performance, reflecting your disciplined approach to investing and prudent asset allocation. Stay focused on your long-term goal of wealth creation while periodically reviewing and optimizing your portfolio to adapt to changing market conditions.

Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

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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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