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Krishna

Krishna Kumar  | Answer  |Ask -

Workplace Expert - Answered on Feb 08, 2024

Krishna Kumar is the founder and CEO of GoMoTech, a company that provides strategic consulting in B2B sales, performance management and digital transformation.
Before branching out on his own, he worked with companies like Microsoft, Rediff, Flipkart and InMobi.
With over 25 years of experience under his belt, KK is a regular speaker at industry events and academic intuitions, both in India as well as abroad.
KK completed his MBA in marketing from the Sri Sathya Sai Institute of Higher Learning in Andhra Pradesh and his management development programme from XLRI, Jamshedpur.
He has also completed his LLB from Nagpur University and diploma in PR from Bhavan’s College of Management, Nagpur, where he was awarded a gold medal.... more
KRISHNA Question by KRISHNA on Feb 07, 2024Hindi
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Career

Krishan ji, Namaskar. I am to retire on 31.05.2025 and an in PSU since 2002 in Establishment section of Finance Deptt and rose to Middle Management level. Due to my committments , I need to work 4 to 5 further more years. May please advise What to do?

Ans: Dear Shri Krishna ji

Given your vast experience in the PSU sector, I would suggest approach companies that have been vendors to the PSU that you have been working for, as they would have need for your experience. You can approach similar other companies.

All the best
Career

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R P

R P Yadav  | Answer  |Ask -

HR, Workspace Expert - Answered on Feb 23, 2024

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Dear sir,I am compulsory retired from psu, as a senior Manager still I am having 5 years For matured retirement. Is there any jobs available for me?
Ans: As a senior manager with significant experience and five years until mature retirement, you have valuable skills and expertise that can be applied to various job opportunities. Here are some potential avenues to explore:

Industry Consultancy: Consider offering consultancy services in your industry. Your extensive experience can be valuable to companies seeking expertise in areas such as operations management, strategic planning, or process optimization.

Freelancing or Contract Work: Explore opportunities for freelancing or contract work in your field. Many companies, especially startups or smaller businesses, may require temporary support for specific projects or initiatives.

Part-Time or Remote Work: Look for part-time or remote work opportunities that allow for flexibility and work-life balance. Many organizations offer remote positions for experienced professionals, including roles in project management, consulting, or advisory services.

Government or NGO Roles: Investigate opportunities in government agencies or non-governmental organizations (NGOs) where your experience and expertise can be beneficial. These organizations often have positions available in areas such as policy development, program management, or capacity building.

Teaching or Training: Consider sharing your knowledge and expertise by pursuing opportunities in teaching or training roles. Universities, colleges, training institutes, and corporate training departments may seek experienced professionals to teach courses or conduct workshops in your field.

Professional Associations and Networks: Join professional associations and networks related to your industry. These platforms can provide access to job opportunities, networking events, and professional development resources.

Entrepreneurship: Explore the possibility of starting your own business or venture based on your expertise and interests. Entrepreneurship allows you to leverage your experience to create innovative solutions or services within your industry.

Career Counseling and Coaching: With your extensive experience, you could consider a career in counseling or coaching, helping individuals navigate their career paths, develop skills, and achieve their professional goals.

Online Platforms: Utilize online job platforms, networking sites like LinkedIn, and specialized recruitment agencies to explore job opportunities tailored to your skills and experience.

Upskilling and Continuous Learning: Stay updated with industry trends, technologies, and best practices through continuous learning and upskilling. Investing in certifications, attending workshops, or pursuing advanced education can enhance your marketability and open doors to new opportunities.

Remember to tailor your job search approach to your interests, strengths, and career goals. Networking, maintaining a strong online presence, and staying proactive in your job search efforts can significantly increase your chances of finding fulfilling opportunities in your mature retirement phase.

..Read more

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Mutual Funds, Financial Planning Expert - Answered on Mar 20, 2025

Asked by Anonymous - Mar 20, 2025Hindi
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Money
Sir Namaskar. I need 10 lac. I can put around 15-20k every month. I am now at 57. Please suggest me the way out. Regards
Ans: You need Rs. 10 lakh.
You can invest Rs. 15K–20K per month.
You are 57 years old.
A structured approach will help you reach your goal efficiently. The right investment choices, tenure, and risk management will be key.

Assessing the Timeframe
If you need Rs. 10 lakh within 3 years, a low-risk strategy is better.
If you have 5+ years, you can take moderate risk for better returns.
Your risk appetite, income stability, and other financial commitments also matter.
Short-term and long-term plans need different strategies.

Choosing the Right Investment Strategy
Low-Risk Approach (For 3 Years or Less)
Bank recurring deposits (RDs) offer stable but low returns.
Short-term debt mutual funds give slightly better returns than RDs.
Fixed deposits (FDs) in small finance banks provide higher interest.
Corporate bonds of high-rated companies can offer fixed income.
These options are safe but may not beat inflation.

Moderate-Risk Approach (For 3–5 Years)
Conservative hybrid mutual funds balance equity and debt.
Dynamic bond funds adjust based on interest rate changes.
Post office savings schemes offer security but fixed returns.
Gold ETFs can act as a hedge against inflation.
Moderate risk gives better returns than FDs but needs periodic review.

Growth-Oriented Approach (For 5+ Years)
Actively managed flexicap mutual funds allow growth with risk control.
Large & midcap funds balance safety and higher returns.
SWP (Systematic Withdrawal Plan) after 5+ years can give monthly income.
Sectoral funds (like pharma, IT) are riskier but can boost returns.
Long-term investing helps wealth grow faster than inflation.

Managing Liquidity and Emergency Needs
Always keep 6 months’ expenses in a savings account or liquid fund.
Avoid investing all your money in one asset class.
Keep some investments easy to withdraw in case of emergencies.
Liquidity management ensures financial stability while you invest.

Tax Efficiency in Investments
Debt mutual funds are taxed as per your income slab.
Equity mutual funds have 12.5% LTCG tax after Rs. 1.25 lakh gains.
FDs have TDS if interest crosses Rs. 40K (Rs. 50K for senior citizens).
Choosing tax-efficient instruments will maximize net returns.
Tax planning helps in retaining more earnings.

Retirement Considerations While Investing
Since you are 57, your investment should not affect retirement savings.
If your pension or other income is fixed, don’t take excess risk.
If you have additional savings, you can afford a balanced approach.
Avoid investing everything in equity unless you have surplus funds.
Retirement safety should be a priority while planning for Rs. 10 lakh.

Practical Investment Plan Based on Timeframe
If Needed in 3 Years
50% in short-term debt funds.
30% in fixed deposits or post office schemes.
20% in high-rated corporate bonds.
Low risk with steady returns.

If Needed in 5 Years
50% in conservative hybrid funds.
30% in large & midcap equity funds.
20% in short-term debt funds.
Balanced risk with potential growth.

If Needed in 7+ Years
60% in actively managed equity funds.
20% in hybrid funds for stability.
20% in gold ETFs or debt funds.
Higher risk but better long-term gains.

Avoiding Common Investment Mistakes
Don't keep all savings in FDs, as they give low post-tax returns.
Avoid high-risk stocks or thematic funds if you need funds soon.
Never invest emergency funds in volatile assets.
Review investments annually to stay aligned with the goal.
A disciplined approach prevents financial stress.

Finally
Your Rs. 10 lakh goal is achievable with systematic investing.
Choose the right asset mix based on your timeframe and risk level.
Keep tax efficiency, liquidity, and retirement security in mind.
Regular review and professional guidance will optimize your returns.
Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

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

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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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