Dear Mayank,
Please guide me as to what I should do.
I'm working as an HR officer (offrole). I am 30 years old. My salary is below the minimum wage rate. I have been working here since 1.9 years but still have got no increment.
I'm a career oriented person. I want to move to the next position. When I was offered this job, it was mentioned I would be taken onroll after 1.5 yr to 2 years. But still there is nothing being done.
New people that are being hired on same profile as me are hired on onroll (FTC) with salary higher than mine. Moreover, some HR interns have also been hired and once they are absorbed in the company, they will be on the company’s payroll.
An HR intern whom I have trained from A to Z and is a fresher is being offered a regional HR position. This is a position that is higher than mine. I cannot understand why someone like me who has 1.9 years of experience in the company is not even considered.
I have got an offer from a pharmaceutical company and I have resigned from my current job. But I'm still confused about whether I should leave this company or not.
Please guide me about what to do so that I can grow on my career. In the current company, there is a lot of politics and I'm not able to deal with it. I'm losing my confidence.
I want to keep this anonymous.
Thank you.

Ans: You are investing in a diverse set of funds across multiple categories. It is important to check if your portfolio is well-balanced, tax-efficient, and aligned with your risk appetite.

Fund Overlap and Diversification
You have too many funds in the same category.

Multiple large-cap, multi-cap, and index funds create unnecessary duplication.

A smaller, well-chosen portfolio will improve returns and reduce complexity.

Index Funds in Your Portfolio
You are investing in four index funds.

Index funds lack downside protection in market crashes.

Actively managed funds have better potential to beat the market.

Consider reducing index fund exposure to improve returns.

Sector and Thematic Funds
You have a technology sector fund.

Sector funds can be high-risk, as they depend on one industry’s performance.

A diversified portfolio is better than relying on a single sector.

If held, sector funds should be less than 10% of the total portfolio.

Multi-Asset and Hybrid Funds
Multi-asset funds help in balancing risk with exposure to equity, debt, and gold.

You have three multi-asset funds, which may be too many.

It is better to consolidate and hold only one or two of the best-performing funds.

Retirement Fund and Balanced Advantage Fund
SBI Retirement Aggressive Fund is designed for long-term wealth creation.

HDFC Balanced Advantage Fund helps in managing market volatility.

These funds are suitable for investors above 50, as they lower risk.

Recommended Changes
Reduce fund duplication by keeping only one multi-asset fund.

Exit some index funds and switch to actively managed funds.

Limit sector funds to a small portion of your portfolio.

Continue investing in flexi-cap and balanced advantage funds for long-term stability.

Final Insights
Your portfolio has good diversification but can be simplified.

Reducing overlapping funds will improve returns and ease tracking.

Shifting from index funds to actively managed funds may provide better growth.

Holding for 10 years is a good strategy, but regular rebalancing is needed.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

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