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Patrick

Patrick Dsouza  |1008 Answers  |Ask -

CAT, XAT, CMAT, CET Expert - Answered on Jan 09, 2025

Patrick Dsouza is the founder of Patrick100.
Along with his wife, Rochelle, he trains students for competitive management entrance exams such as the Common Admission Test, the Xavier Aptitude Test, Common Management Admission Test and the Common Entrance Test.
They also train students for group discussions and interviews.
Patrick has scored in the 100 percentile six times in CAT. He achieved the first rank in XAT twice, in CET thrice and once in the Narsee Monjee Management Aptitude Test.
Apart from coaching students for MBA exams, Patrick and Rochelle have trained aspirants from the IIMs, the Jamnalal Bajaj Institute of Management Studies and the S P Jain Institute of Management Studies and Research for campus placements.
Patrick has been a panellist on the group discussion and panel interview rounds for some of the top management colleges in Mumbai.
He has graduated in mechanical engineering from the Motilal Nehru National Institute of Technology, Allahabad. He has completed his masters in management from the Jamnalal Bajaj Institute of Management Studies, Mumbai.... more
Asked by Anonymous - Jan 08, 2025Hindi
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Career

Respected Sir, I am in the 2nd semester of MBA but I feel that I need detailed counselling for way ahead. Please guide accordingly.

Ans: Talk to students in the 2nd year of your college. They should guide you with respect to which area to focus on to build your career. You can also talk to the alumni. Check your college alumni directory and connect with your alumni in the industry you are interested. I am sure they would be glad to help. Also try and connect with your relatives and friends who are in the same industry to seek their guidance.
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R P

R P Yadav  | Answer  |Ask -

HR, Workspace Expert - Answered on Mar 15, 2024

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I will be completing my 5 year integrated BBA LLB. Need guidance the way forward
Ans: Congratulations on completing your 5-year integrated BBA LLB. Now, let’s explore the way forward based on your interests and career aspirations. Here are some options to consider:

Legal Practice:
Advocate/Lawyer: You can practice law by joining a law firm, working independently, or specializing in areas like criminal law, corporate law, family law, etc.
Litigation: Represent clients in courts, handle legal disputes, and provide legal advice.
Legal Consultant: Offer legal guidance to individuals, businesses, or organizations.
Corporate Sector:
In-House Counsel: Work within corporations, handling legal matters related to contracts, compliance, and regulatory issues.
Legal Advisor: Provide legal advice to companies on business decisions, contracts, and risk management.
Company Secretary: Manage corporate governance, compliance, and board meetings.
Government and Public Sector:
Public Prosecutor: Represent the government in criminal cases.
Judicial Services: Prepare for judicial exams to become a judge.
Legal Research: Work with government bodies, law commissions, or research institutions.
Specialized Fields:
Intellectual Property (IP) Law: Focus on patents, trademarks, copyrights, and IP litigation.
Environmental Law: Address legal issues related to the environment and sustainability.
International Law: Deal with cross-border legal matters.
Tax Law: Specialize in tax-related legal work.
Alternative Career Paths:
Legal Journalism: Combine legal knowledge with writing skills.
Legal Education: Become a law professor or lecturer.
ADR (Alternative Dispute Resolution): Explore mediation, arbitration, and negotiation.
Further Education:
LLM (Master of Laws): Pursue a specialized master’s degree in law. It can enhance your expertise and open up academic or research opportunities.
MBA (Master of Business Administration): Combine legal knowledge with business management skills.
Certifications: Consider certifications in areas like cyber law, human rights, or arbitration.
Entrepreneurship:
Start Your Law Firm: If you’re entrepreneurial, consider setting up your own legal practice.
Legal Tech: Explore technology-driven legal services or legal startups.
Remember, your choice should align with your interests, strengths, and long-term goals. Research various options, network with professionals, and seek guidance from mentors. Best wishes for your future endeavors!

..Read more

Latest Questions
Ramalingam

Ramalingam Kalirajan  |8103 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Mar 15, 2025

Asked by Anonymous - Mar 15, 2025Hindi
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Money
I AM THINKING OF TAKING A LOAN OF 5,00,000 AGAINST MY CURRENT MUTUAL FUND MOTILAL OSWAL SMALL CAP FUND AND REINVEST IT IN SAME FUND FOR NEXT 3 YEARS. I DON'T WANT LIQUIDITY FOR NEXT 3-4 YEARS. SEEING THE MARKET IS LOW RIGHT NOW CAN I EXPECT A REURN? SHOULD I CONSIDER THIS OPTION?
Ans: Taking a loan against your mutual funds and reinvesting in the same fund may seem like an opportunity to maximise gains. However, this strategy carries significant risks.

Key Risks to Consider
1. Market Uncertainty
Small-cap funds are highly volatile.
A temporary market correction doesn’t guarantee strong returns in the next 3 years.
If the fund underperforms, you could face both a loan repayment burden and lower returns.
2. Interest Cost vs. Expected Returns
Loan interest rates on mutual fund pledges typically range from 9-12% per annum.
Your small-cap fund must generate higher returns than the loan rate to make this strategy profitable.
If the fund returns below 12% CAGR, your effective gains will be negligible or negative.
3. Forced Liquidation Risk
If the market corrects further, your lender may sell your pledged mutual fund units to recover the loan.
This could happen at a loss, forcing you to exit at a lower NAV.
4. Overexposure to a Single Fund
Investing additional money into the same small-cap fund increases concentration risk.
Instead, diversification across flexi-cap, mid-cap, and small-cap funds is better.
Alternative Approaches
Instead of taking a loan, consider:

SIP Investment Strategy

Continue SIPs in a staggered manner rather than a lump-sum reinvestment.
This reduces the risk of investing at an unfavourable price.
Diversified Portfolio Allocation

If markets recover, large-caps and flexi-caps may rebound earlier than small-caps.
Diversifying into these categories will balance returns and risk.
Rebalancing Your Current Portfolio

If you have underperforming funds, consider shifting money to stronger funds.
This avoids borrowing costs and interest rate risks.
Final Insights
Taking a loan against your mutual fund for reinvestment is not advisable due to the high risk of market downturns, interest costs, and forced liquidation. Instead, a disciplined SIP approach in diversified funds will offer better risk-adjusted returns.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

Dr Dipankar

Dr Dipankar Dutta  |963 Answers  |Ask -

Tech Careers and Skill Development Expert - Answered on Mar 15, 2025

Asked by Anonymous - Mar 15, 2025Hindi
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Career
Greetings to Gurus, I am student from Kolkata,West Bengal. I have completed my ISC in year 2020 from Commerce stream without maths. I am from Lower Middle Class Family, finance is big issue for me. After ISC I enrolled in B.COM(Hons) course from a college under Calcutta University. I was ambitious of being Chef from childhood. But during Covid times and finance problem, I haven't pursued. During my college life, My first three semesters completed online in Covid period, after the lockdown period, my fourth semester got offline and I just passed in one paper out of 4 and then my 5th semester exam got cleared after that I appeared for rest 3 papers of sem 4 and cleared 2 papers and in sixth semester cleared 3 paper out of 4. Again in 2024, I appeared for 6th sem 1 backlog paper and cleared it but don't able to clear 4th sem one backlog paper. So, I have started my UG in year 2020 but not able to clear it till 2024 because of 1 paper(Taxation) and I have last option to reappear in 2025 examination. I want to earn good in my life, suggest me some opportunities and a way to get out from this loop. Mentally getting depress also.
Ans: Hello! First of all, I really appreciate that you're sharing your situation openly. I understand that you're going through a tough time, but I want to assure you that there are always ways to move forward. You are not stuck, and there are opportunities for you to earn well and build a good career.
Step 1: Clear Your B.Com Degree (Important)
You have only one backlog paper (Taxation) left. Make it your #1 priority to clear this in 2025 because having a degree will open more opportunities.
You already passed all other subjects, so just focus on this one. If needed, get help from a tutor or YouTube courses on Taxation.
ccounting & Taxation (?25,000 - ?60,000 per month)
Since you already studied B.Com, this is a natural career path.
Learn Tally, GST Filing, Income Tax Filing.
Free courses: Government’s NPTEL, YouTube (Search “GST Filing Course India”)
I believe in you. Take the first step today! Your situation will improve within 1 year.

...Read more

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