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Geeta

Geeta Ratra  | Answer  |Ask -

Visas, Study Abroad Expert - Answered on May 22, 2023

Geeta Ratra has been an immigration expert for more than two decades and has strong knowledge of international immigration policies and procedures. She is vice president, operations, at Abhinav Immigration Services. Besides visa and immigration services, they also provide study abroad advice that includes application assistance, counselling and university shortlisting.... more
Vijay Question by Vijay on Apr 30, 2023Hindi
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I would like to immigrate to the UK as l have worked there before and have a UK degree. I am a doctor with three decades experience. What would you suggest?

Ans: Hi Vijay
To immigrate to UK you can go on skilled worker visa category. You need to look for the jobs in UK and on the basis of the same apply for the skilled worker visa. At this moment UK is not offering direct permanent residence visa.
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Abhishek

Abhishek Shah  | Answer  |Ask -

HR Expert - Answered on Aug 03, 2023

Asked by Anonymous - Jul 17, 2023Hindi
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Hi, I am an engineer with 11 years experience in technical sales.How can i take up a job in UK and move forward in my career.
Ans: Hello,

I understand that transitioning your career to the UK can be an exciting opportunity for personal and professional growth. To successfully take up a job in the UK and move forward in your career as a technical sales engineer, consider the following steps:

Research Job Market and Requirements: Start by researching the job market in the UK for technical sales roles. Look for companies and industries that align with your expertise and experience. Review the specific job requirements and qualifications expected by employers.

Work on Your CV and Cover Letter: Tailor your CV to the UK format and ensure it highlights your relevant experience, skills, and achievements. Craft a compelling cover letter that explains your intention to work in the UK and how your expertise can benefit potential employers.

Networking and Online Presence: Engage in networking both online and offline. LinkedIn can be a valuable platform to connect with professionals and potential employers in the UK. Building a strong online presence can also help recruiters discover you.

Visa and Work Authorization: Check the UK government's official website to understand the visa and work authorization requirements. Ensure you have the necessary visa to work legally in the UK.

Search for Job Opportunities: Utilize job search platforms like Indeed, Glassdoor, and specialized engineering job boards to find suitable openings. Attend virtual job fairs and industry events to connect with employers directly.

Prepare for Interviews: Be ready for remote interviews or, if possible, travel to the UK for face-to-face interviews. Research the companies you interview with and practice answering common technical sales interview questions.

Highlight Your International Experience: Emphasize the value of your 11 years of technical sales experience in your interviews. Showcase how your diverse background and international exposure can bring unique perspectives to UK-based companies.

Continued Professional Development: Stay updated with industry trends and advancements in technical sales. Consider obtaining certifications or additional training to enhance your skills and marketability.

Cultural Adaptation: Understand and adapt to the cultural differences in the UK workplace. Being culturally aware and open-minded will help you integrate smoothly into the new work environment.

Be Persistent and Patient: Securing a job in a new country can take time. Be persistent in your job search, keep applying, and don't get discouraged if the process takes longer than expected.

Remember, moving to a new country for work can be a transformative experience. Stay positive, embrace the challenges, and be open to new opportunities that may arise along the way. Good luck with your job search and career advancement in the UK!

Regards,
Abhishek Shah

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Shekhar

Shekhar Kumar  |154 Answers  |Ask -

Leadership, HR Expert - Answered on Apr 23, 2024

Asked by Anonymous - Apr 16, 2024Hindi
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Dr Nagarajan Jsk

Dr Nagarajan Jsk   |203 Answers  |Ask -

NEET, Medical, Pharmacy Careers - Answered on Dec 21, 2024

Asked by Anonymous - Nov 19, 2024Hindi
Career
Hello sir I am mbbs graduated from russia in 2020,n passed with my fmge exam in india in 2021, I want to ask if i want to practice medicine or work as doctor in uk ? Is it necessary for me to pass plab exam exam? Or if i get sponsorship from any uk i will be able to work there and simultaneously i will give plab exam?? Please guide me i m so confused?
Ans: Hi, I understand that you pursued a medicine course in Russia (a non-European country) and, since you are from India, you have completed the FMGE. Now you want to practice or work in the UK as a doctor?

Based on your question, you are eligible to practice in India after completing your internship (which you haven't mentioned, but I assume you have completed it). The FMGE is essentially a licensure exam for Indian students who have completed their medical studies abroad, so you are eligible to practice in India only.

If you want to practice medicine in the UK, you need to complete the PLAB test, as you are from outside the UK/Switzerland/European countries (Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland).

You also inquired about sponsorship. Here is the information related to sponsorship for practicing medicine in the UK.
(Extracted from general medical council, uk org. )Applying for registration using sponsorship
If you apply through sponsorship, you will have to satisfy the sponsor that you possess the knowledge, skills and experience required for practising as a fully registered medical practitioner in the UK. Each sponsor has their own scheme which we have pre-approved. If you can satisfy the requirements of their scheme, they will issue you with a Sponsorship Registration Certificate (SRC) which you will need for your application with us. Please ensure this is a Sponsorship Registration Certificate for GMC registration, as we can’t accept UK visa sponsorship certificates for your application for registration.
Please note that a core part of all sponsors' criteria is that a doctor applying for an offer of sponsorship must have been engaged in medical practice for three out of the last five years including the most recent 12 months. If you cannot meet these minimum criteria, it is unlikely that you'll be able to supply sufficient evidence to support your application for sponsorship.
Doctors applying through sponsorship are required to demonstrate their English language skills by achieving our current minimum scores in the academic version of the IELTS test or the OET (medicine version).
• Alder Hey International Fellowship Scheme (Anaesthetics)
• Betsi Cadwaladr University Health Board - BCUHB IMG Sponsorship Scheme
• BAPIO Training Academy Ltd – BTA International Fellowship Scheme
• BAPIO Training Academy Ltd – International Training Programme for Postgraduate Doctors
• BAPIO Training Academy Ltd - BTA International Fellowship Scheme – Internal Medicine with interest in Oncology with MSc in Oncology
• Barking Havering and Redbridge University Hospitals NHS Trust - BHRUT Sponsorship Scheme for Overseas Doctors in Clinical Radiology
• Birmingham and Solihull Mental Health NHS Foundation Trust - International Medical Fellowship Programme in Psychiatry (Birmingham)
• Birmingham Women’s and Children’s Hospital – Birmingham Women’s and Children’s International Medical Graduate sponsorship scheme
• Bradford District Care NHS Foundation Trust - International Medical Fellowship in Psychiatry
• Cambridge IVF, Cambridge University Hospitals NHS Trust – IVF Senior Clinical Fellowship Scheme
• Cambridge University Hospital – Senior Clinical Fellowship Scheme in Intensive Care Medicine/Anaesthesia
• Canterbury Christ Church University
• Cumbria Northumberland Tyne and Wear NHS Psychiatry Fellowship Programme
• Derbyshire Healthcare NHS Foundation Trust - International Medical Fellowship Programme in Psychiatry
• Dudley Group NHS Foundation Trust
• East Lancashire Hospitals NHS Trust - Clinical Fellowship in Urology or Ophthalmology
• East Lancashire Hospital NHS Trust - Specialist Clinical Fellowship in Pain Management
• East London NHS Foundation Trust (ELFT) – ELFT Advanced International Fellowship in Psychiatry
• East Suffolk and North Essex NHS Foundation Trust – ICENI Centre Fellowships Programme
• Edge Hill University and Wrightington, Wigan and Leigh NHS Trust – International Training Fellowships in MCh programmes
• ENT UK – Royal College of Surgeons
• Essex Partnership University NHS Foundation Trust – EPUT Advanced Fellowship in Psychiatry
• Frimley Health NHS Foundation Trust – International Fellowship in Regional Anaesthesia combined with MSc in Principles of Regional Anaesthesia at the University of East Anglia
• Great Ormond Street Hospital International Fellowship Programme
• Guy's and St Thomas' Hospitals NHS Foundation Trust – Critical Care
• Guy’s and St Thomas’ NHS Foundation Trust – International Clinical Fellowship Programme (ICFP)
• Guy's and St Thomas' Hospitals NHS Foundation Trust – Obstetrics and Gynaecology
• Guy’s and St Thomas’ NHS Hospitals Foundation Trust – Oncology Specialty Training
• Guy's and St Thomas' NHS Hospitals Foundation Trust – Specialty Training in Anaesthetics
• Harefield Hospital, Royal Brompton and Harefield NHS Trust – Anaesthesia and Critical Care
• Hertfordshire Partnership University NHS Foundation Trust
• Hull University Teaching Hospitals NHS Trust – International Fellows at Hull University Teaching Hospitals NHS Trust
• Humber Teaching NHS Foundation Trust - Sponsored International Fellowship Scheme in Psychiatry
• Imperial College Healthcare NHS Trust – Emergency Medicine
• Imperial College Healthcare NHS Trust – Haematology
• Imperial College Healthcare NHS Trust – International Anaesthesia Trainees
• Imperial College Healthcare NHS Trust – Intensive Care Medicine
• Imperial College, London - Clinical Research
• King’s College Hospital NHS Trusts – International Critical Care Fellowship
• King’s College Hospital NHS Trusts – Paediatric Critical Care Fellowship
• Lancashire & South Cumbria NHS Foundation Trust - Psychiatry specialty Fellowship Scheme
• Lancashire Teaching Hospitals NHS Trust - Overseas Registrar Development and Recruitment (ORDER)
• Leeds Teaching Hospitals NHS Trust – International Fellowship Programme
• Leicestershire Partnership NHS Trust – International Medical Fellowship Programme in Psychiatry
• Lincolnshire Partnership NHS Foundation Trust – CESR Fellowship in Psychiatry or Sponsored Fellowship in Psychiatry
• Lysholm Dept of Neuroradiology – National Hospital for Neurology and Neurosurgery, UCL
• Manchester University NHS Foundation Trust – International Fellowship Programme
• Midlands Partnership NHS Foundation Trust
• Ministry of Defence – International Military Clinical Fellowships
• Modality Partnership - Modality Primary Care International Fellowship Scheme
• NAViGO Health and Social Care CIC – International Medical Fellowship in Psychiatry
• NHS England, East of England - East of England International Office GMC Sponsorship
• NHS Fife – CESR Fellowship Programme in Psychiatry
• NHS Grampian – Psychiatry CESR Fellowship Programme
• NHS Grampian – Multi-specialty SAS Fellowship
• NHS Wales Shared Services Partnership (NWSSP) – All Wales International Medical Recruitment Programme
• Norfolk and Suffolk NHS Foundation Trust (NSFT) - Advanced Clinical Fellowship in Psychiatry
• North Lincolnshire and Goole NHS Foundation Trust (NLAG) Sponsorship Programme
• Northampton General Hospital – Clinical Fellowship in Regional Anaesthesia
• Northampton General Hospital NHS Trust - International Clinical Fellowship in Regional Anaesthesia, Vascular Anaesthesia, or Peri-operative Medicine
• Northamptonshire Healthcare NHS Foundation Trust – International Clinical Fellowship Scheme
• Northamptonshire Healthcare NHS Foundation Trust – International Clinical Fellowship Scheme (Psychiatry)
• Northern Care Alliance – NCA International Medical Fellowship Scheme
• Oxford University Hospitals NHS Foundation Trust – Oxford Eye Hospital
• Oxford University Hospitals NHS Foundation Trust – Oxford Intensive Care Medicine (OxICM) Sponsorship Scheme
• Oxford University Hospitals NHS Foundation Trust – Oxford University Hospitals Sponsorship Scheme
• Oxford University Hospitals NHS Foundation Trust – The Oxford International Neonatal and Paediatric Fellowship Programme
• Rotherham Doncaster and South Humber NHS Foundation Trust - Sponsored International Fellowship Scheme in Psychiatry
• Royal College of Anaesthetists – Global Fellowship Scheme (Anaesthesia or ICM)
• Royal College of Anaesthetists – MTI Scheme
• Royal College of Emergency Medicine
• Royal College of Obstetricians and Gynaecologists – MTI Scheme
• Royal College of Ophthalmologists
• Royal College of Paediatrics and Child Health – International Paediatric Sponsorship Scheme
• Royal College of Paediatrics and Child Health – MTI Scheme
• Royal College of Pathologists
• Royal College of Physicians of Edinburgh
• Royal College of Surgeons of England
• Royal College of Physicians of London
• Royal College of Physicians and Surgeons of Glasgow
• Royal College of Psychiatrists – MTI Scheme
• Royal College of Radiologists – Clinical Radiology
• Royal College of Radiologists – Clinical Oncology
• Royal College of Radiologists – RCR Specialty Training Sponsorship Scheme
• Royal College of Surgeons of Edinburgh
• Royal Devon and Exeter NHS Trust
• Royal Papworth Hospital NHS Foundation Trust – Senior Clinical Fellowship Programme in Anaesthesia and Critical Care
• Royal Wolverhampton Trust – Clinical Fellowship Programme
• Sheffield Children’s NHS Foundation Trust - Rotational Clinical Fellows in Paediatrics, Trauma and Orthopaedic International Fellows, and Subspeciality Fellows in Paediatrics
• Sheffield Health and Social Care NHS Foundation Trust - International Medical Fellowship in Psychiatry
• Somerset NHS Foundation Trust – Somerset Overseas Doctors Sponsorship Scheme
• Somerset NHS Foundation Trust – Psychiatry Overseas Doctors Sponsorship Scheme
• South Warwickshire University NHS Foundation Trust - GMC Multispecialty Sponsorship Scheme
• South West Yorkshire Partnership NHS Foundation Trust – International Fellowship in Psychiatry
• Southmead Hospital, North Bristol NHS Trust – International Obstetrics and Gynaecology Training Programme
• St Bartholomew’s Hospital, Barts Health NHS Trust – St Bartholomew’s Critical Care Fellowship
• St George’s University Hospitals NHS Foundation Trust – International Anaesthetics Fellowship Programme
• St George’s University Hospital NHS Foundation Trust (Dr Nirav Shah) – International Intensive Care Medicine Trainees
• St George’s University Hospitals NHS Foundation Trust – International Emergency Medicine Trainees
• Surrey and Borders Partnership (SABP) NHS Foundation Trust – International Psychiatric and Community Paediatrics Sponsorship Scheme
• Tees, Esk and Wear Valleys NHS Foundation Trust – International Psychiatric CESR or SAS Fellowship
• University College London Hospitals NHS Foundation Trust, Department of Critical Care – Clinical Fellowship Critical Care and Perioperative Medicine
• University Hospital Birmingham NHS Foundation Trust - International Training Fellowship Programme
• University Hospitals Birmingham NHS Foundation Trust - UHB LED Fellowship Programme
• University Hospitals Bristol and Weston NHS Foundation Trust – Bristol Children's Hospital International Fellowship Scheme
• University Hospitals Bristol and Weston NHS Foundation Trust - Department of General Internal Medicine at Weston General Hospital
• University Hospitals Coventry and Warwickshire NHS Trust
• University Hospitals of Leicester NHS Trust - Postgraduate Clinical Fellowship Programme
• University of Buckingham – Master of Medicine
• University of Buckingham – Master of Surgery
• University of Chester and Cheshire and Wirral Partnership NHS Trust – International Training Fellows Psychiatry
• University of Hertfordshire – Professional Doctorate in General Internal Medicine (Clinical MD) Programme
KINDLY NOTE: If your sponsor is not on this list then you cannot apply using sponsorship.
If you have any further questions, please visit the GMC website for more information.

WISH YOU ALL THE VERY BEST.

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Latest Questions
Ramalingam

Ramalingam Kalirajan  |7489 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jan 10, 2025

Money
I have arount 1500000 invested in MF through an advisor. But now advisor is not giving any services. Is this any soloution to make it direct investment. And if so is it right time to switch to direct as fund value is decresed substantially due to market.
Ans: You have Rs. 15 Lacs invested in mutual funds through an advisor.

The advisor is no longer providing services, leaving you without proper guidance.

The market downturn has reduced your portfolio value substantially.

You are considering switching to direct investments to avoid advisor dependency.

Understanding Regular and Direct Plans
Regular Plans
Regular plans include an advisor’s commission in the expense ratio.

Advisors provide portfolio monitoring and personalised guidance.

Higher expense ratio compared to direct plans.

Direct Plans
Direct plans exclude advisor commissions, reducing the expense ratio.

You need to research and manage investments independently.

Requires knowledge of markets, schemes, and portfolio management.

Impact of Market Conditions on Switching
Current Market Downtrend
Your portfolio is already under stress due to market fluctuations.

Switching now could realise losses if you redeem units for the switch.

Timing Consideration
Markets typically recover over time; wait for partial recovery.

Avoid selling at a loss unless a fund is underperforming consistently.

Disadvantages of Direct Plans
Lack of Expert Guidance
Direct plans shift the responsibility of fund selection to you.

Without market knowledge, decision-making can become challenging.

Emotional Decisions
Investors often panic and redeem during market corrections.

An advisor helps maintain discipline during market volatility.

Missed Opportunities
Advisors can identify better opportunities and schemes.

Regular plans through a Certified Financial Planner (CFP) offer a structured approach.

Addressing Your Current Situation
Option 1: Stay Invested and Change Advisor
Find a new advisor with CFP credentials for better services.

Continue with regular plans under the new advisor’s guidance.

This ensures professional advice and disciplined investing.

Option 2: Gradual Switch to Direct Plans
Switch only if you have the expertise to manage your portfolio.

Use a step-by-step approach; shift one scheme at a time.

Monitor the performance of the new direct plans regularly.

Avoid rushing the process, as it may lead to mistakes.

Option 3: Consolidate and Restructure
Evaluate each mutual fund for performance over three to five years.

Exit underperforming funds gradually to avoid unnecessary losses.

Reinvest in actively managed funds with proven track records.

Tax Implications of Switching
Selling mutual funds involves capital gains tax liability.

Equity mutual funds: Long-term capital gains above Rs. 1.25 Lacs taxed at 12.5%.

Debt mutual funds: Capital gains taxed as per your income tax slab.

Consider the tax impact before redeeming or switching funds.

Recommendations for a Stable Portfolio
Diversification
Ensure a mix of equity, debt, and hybrid mutual funds for balance.

Equity funds provide growth; debt funds add stability.

Emergency Fund
Keep 6-12 months’ expenses in liquid funds or fixed deposits.

Avoid using this amount for switching investments.

Regular Monitoring
Review your portfolio performance every six months.

Rebalance to align with financial goals and risk appetite.

Final Insights
Switching to direct plans is an option but requires expertise.

Retaining regular plans with a new advisor ensures professional guidance.

Assess your financial goals and portfolio performance before making changes.

Avoid hurried decisions during a market downturn to prevent losses.

A Certified Financial Planner can help optimise your portfolio effectively.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

Ramalingam

Ramalingam Kalirajan  |7489 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jan 10, 2025

Money
Dear Sir, I am 58 years old and still working. Having 2 unmarried sons age 32 years and 18 years of age. Elder son is still to marry. Corpus PPF : Rs. 35 Lacs, Retirement amount : Rs. 10-12 Lacs, PF Rs. 11 Lacs, Emergency fund : 5 Lacs, Medical policy : 15 Lacs, Rental income : 30000 from house and shop, Property : Flat worth 1.1 Cr, 1 shop worth 30 Lacs, Insurance : Sanchay plus - Premium of Rs. 1.5 Lacs till 2029 and will get 130000 from 2031 onwards, HDFC Pansion plan – pansion starts from 2026 as Rs. 26000 per year, HDFC SL Crest – funds accumulated 7 Lacs, Savings : RD in post office : Rs. 14 Lacs, Bank 5 Lacs, Medical policy : 15 Lacs, stocks Rs. 1 Lac. How should I invest Rs. 1.1 Crores on selling of Flat to get Rs. 1.0 Lac monthly ? What should I do to have stable income ?
Ans: You have diverse assets including PPF, PF, RDs, insurance plans, and rental income.

Emergency fund of Rs. 5 Lacs is adequate for unexpected short-term needs.

Medical insurance of Rs. 15 Lacs ensures financial protection for health emergencies.

Retirement corpus includes Rs. 35 Lacs in PPF and Rs. 11 Lacs in PF.

Rental income of Rs. 30,000 monthly provides a stable source of passive income.

HDFC Sanchay Plus and Pension Plan offer future income stability post-retirement.

Flat and shop properties together hold a value of Rs. 1.4 Crores.

Stocks, accumulated funds, and bank savings add liquidity to your portfolio.

Objectives and Key Considerations
Stable Monthly Income

Target Rs. 1 Lakh monthly income from investments post flat sale.
Preservation of Capital

Avoid high-risk investments to protect your capital.
Inflation-Adjusted Returns

Investments should grow to combat inflation over time.
Tax Efficiency

Minimise tax liability while optimising returns.
Family Security

Ensure financial security for your unmarried sons.
Strategy to Achieve Rs. 1 Lakh Monthly Income
Diversify the Rs. 1.1 Crore Corpus
Split the corpus into debt, equity, and hybrid instruments.

Allocate 60-70% to debt funds and bonds for stability.

Invest 20-30% in equity mutual funds for growth and inflation adjustment.

Keep 5-10% in liquid funds for liquidity and emergencies.

Debt Fund Investments
Choose high-quality debt funds for predictable income.

Opt for a mix of corporate bonds and government securities.

Debt funds provide regular income and lower risk.

Ensure debt fund maturity matches your income needs.

Equity Mutual Fund Investments
Actively managed funds deliver higher returns than index funds.

Invest through a Certified Financial Planner for personalised guidance.

Equity mutual funds counter inflation with potential long-term growth.

SIPs in balanced funds can balance risk and reward effectively.

Systematic Withdrawal Plan (SWP)
Use SWP for a consistent monthly income.

Withdraw Rs. 1 Lakh monthly while allowing corpus to grow.

SWP ensures disciplined withdrawals and avoids emotional decisions.

Immediate Income Until SWP Grows
Use the current rental income and insurance maturity payouts.

Combine with returns from RD and accumulated funds temporarily.

Gradually shift to SWP after corpus generates desired returns.

Managing Existing Investments
Insurance Policies
Continue with Sanchay Plus till 2029 for guaranteed returns.

Evaluate surrender of ULIP (HDFC SL Crest) for reinvestment in mutual funds.

Reinvest surrendered funds in equity and hybrid funds for better growth.

Retirement Accounts
Maintain PPF and PF for tax-free and safe returns.

Avoid premature withdrawal to retain compounding benefits.

Savings and RDs
Keep a portion of Rs. 14 Lacs RD for short-term goals.

Gradually shift RD to debt funds for higher post-tax returns.

Stocks
Evaluate current stocks for performance and risk.

Avoid over-reliance on direct stock investments due to market volatility.

Tax Planning
SWP is tax-efficient as only capital gains are taxed.

Long-term capital gains above Rs. 1.25 Lacs on equity funds are taxed at 12.5%.

Debt fund returns are taxed as per your income slab.

Use deductions and exemptions under Indian tax laws for savings.

Family Financial Planning
Elder Son’s Marriage
Allocate a portion of liquid funds for the elder son's marriage.

Ensure planned expenses do not disrupt monthly income goals.

Younger Son’s Education
Create a separate education corpus for the younger son.

Use a combination of debt funds and savings for stability.

Final Insights
Diversify the Rs. 1.1 Crore corpus for stable monthly income and capital growth.

Debt and equity mutual funds with SWP can meet your Rs. 1 Lakh monthly target.

Avoid real estate for reinvestment; it lacks liquidity and consistent income.

Continue current insurance plans; consider surrender of low-performing ULIPs.

Ensure tax-efficient withdrawals to preserve wealth.

Plan for family goals like elder son's marriage and younger son's education.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

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Ramalingam

Ramalingam Kalirajan  |7489 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jan 10, 2025

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Money
Hi Sir , I have taken jeevan anand policy in 2005 with paying term 20 years but date of maturity showing as 2082 ( 100 years of life) means I can get money after 2025 completed else I will get maturity amount in 2025, please let me know
Ans: You hold a participating insurance policy with dual benefits: life cover and maturity payout.

The policy term is until age 100, ensuring lifelong coverage.

Your premium-paying term is 20 years, ending in 2025.

You will receive a maturity payout in 2025 if you choose.

Alternatively, you may keep the maturity amount invested in the policy.

If kept invested, benefits accumulate until policy maturity or claim.

Key Aspects to Evaluate
Life Coverage Beyond 2025
Post-2025, the policy continues to provide life cover until age 100.

The sum assured ensures financial security for your dependents.

Maturity Amount Usage
The payout in 2025 can address your financial goals.

Retaining the maturity amount earns additional bonuses over time.

Cost-Effectiveness of Continuing
Premium payments cease after 2025, reducing financial outflow.

Assess the policy's bonus and return rates for future benefits.

Assessing Financial Goals
Immediate Needs
Review current financial priorities like retirement planning or liabilities.

The maturity amount can supplement other investments.

Long-Term Growth Opportunities
Retaining the policy boosts long-term returns due to ongoing bonuses.

Consider the tax efficiency of keeping the maturity amount invested.

Alternative Investment Avenues
Evaluate reinvestment in mutual funds for potentially higher returns.

Active funds with a Certified Financial Planner's guidance can outperform.

Regular funds through an advisor ensure tailored advice and discipline.

Insurance Versus Investment
Dual-purpose policies often underperform as pure investments.

Standalone insurance offers better coverage at a lower premium.

Mutual funds provide transparency, liquidity, and targeted growth.

Tax Implications
The maturity payout is tax-free if premiums are below 10% of the sum assured.

Keeping the policy active beyond 2025 avoids tax on continued bonuses.

Evaluate the tax efficiency against returns from other instruments.

Recommendations
For Policyholders Like You
Continue with the policy until 2025 for the full maturity benefit.

Post-2025, decide based on returns and financial needs.

Consult a Certified Financial Planner for optimizing maturity usage.

If Considering Policy Surrender
Reinvest surrendered funds in diversified mutual funds.

Seek active management for consistent, tax-efficient growth.

Final Insights
Your policy secures lifelong coverage and a guaranteed payout in 2025.

Retaining the policy beyond 2025 can maximize accumulated benefits.

Reinvesting in well-managed mutual funds may deliver superior growth.

Ensure alignment with your long-term financial goals and family security.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

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Archana

Archana Deshpande  |95 Answers  |Ask -

Image Coach, Soft Skills Trainer - Answered on Jan 10, 2025

Asked by Anonymous - Jan 10, 2025Hindi
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Career
Hello, I’m a teacher in Chennai, and over the years, I’ve built a solid reputation among my students and colleagues. However, despite the satisfaction I get from teaching, my current pay is not enough to meet my financial goals or to support my long-term plans. I’ve been considering transitioning into corporate training because I’ve heard that it can be more financially rewarding, but I’m not sure how to take this forward. I’m thinking of investing in online courses that specialise in corporate training, but I’m hesitant. I’m not sure if it’s worth the time, money, and effort, especially since I’ve already put a lot into my teaching career. How do I evaluate if making this switch is a good decision? Would my experience as a teacher actually help me in corporate training, or will I have to start from scratch? Should I look for a mentor in this field before making the leap? Any advice would be greatly appreciated!
Ans: Hi!!
It is so heartening to see this statement of yours," solid reputation among my students and colleagues". I feel that you need to build a solid foundation on all the set skills that you currently have. Not everyone can earn the respect of students ...especially in today's world. Consolidate on this... put in a psychology course/ degree and anything else that can solidify your existing skills!
People are ready to invest in their children, always remember this.....If financial goals is an issue, you can switch to a school where the salary is good, good teachers are in great demand. Collect a lot of testimonials from parents and students before you switch. Demand the salary that you deserve. For earning extra income you can start classes, one of my friends earns in crores just by lending extra help to students .As a teacher you know where the gap exists in our educational system, see if you can fill this gap, see what you can offer and make money.
I am investing a lot of time on this aspect of you because you said that you are actually good at it and that you enjoy doing it, not everyone can say this about their work. It is a matter of time you monetize what you love doing ....groom yourself well, look like a powerful person and demand the salary you think you deserve. Learn to invest your money well and let money work for you. Think of opening your own school.

I am a personal coach as well as a corporate trainer, it a crowded place here too, your experience as a teacher will definitely come in handy ,but you will require additional training for becoming a corporate trainer no doubt about it, it builds credibility. It is hard work, it takes time, energy, certification and constant learning in order to be sought after corporate trainer and demand that kind of money. If you are a go getter, smart, well groomed, confident in your verbal communication and in planning your sessions well, then go for it...else..you said it, "I've already put a lot into my teaching career", consolidate on this!! Lots of schools are investing in training teachers as well as students, go for that or you can come to me we can have chat together and then you can take the leap forward in whatever direction you feel like taking. Whatever you decide it has to be a well thought out decision!

Hope this helps...may wisdom be on your side..TC!

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Samraat

Samraat Jadhav  |2156 Answers  |Ask -

Stock Market Expert - Answered on Jan 10, 2025

Asked by Anonymous - Jan 10, 2025Hindi
Listen
Money
As a prospective investor, I’m trying to balance these factors: does the flat sequential growth reflect a temporary phase that might correct itself in subsequent quarters, or could it point to broader challenges within the IT industry that might persist? Additionally, with IT stocks typically being sensitive to global economic trends and client spending patterns, would it be wiser to invest now, leveraging the strong order book as a growth indicator, or should I wait for clearer signals of sustained performance and recovery in discretionary spending?
Ans: It's great that you're carefully considering these factors before making an investment decision. Let's break down each aspect:

Flat Sequential Growth
Flat sequential growth in the IT sector could be due to a variety of factors, including macroeconomic challenges, cuts in discretionary spending, and delays in decision-making. While some analysts believe this could be a temporary phase with a potential rebound in subsequent quarters, others caution that it might reflect broader, more persistent challenges.

Global Economic Trends and Client Spending Patterns
IT stocks are indeed sensitive to global economic trends and client spending patterns. A strong order book can be a positive indicator, but it's essential to consider the broader economic environment. If global economic conditions improve and client spending increases, IT stocks could see significant growth.

Invest Now or Wait?
Investing now with a strong order book as a growth indicator could be a good move if you believe in the sector's resilience and potential for recovery. However, if you prefer to wait for clearer signals of sustained performance and recovery in discretionary spending, it might be wise to hold off until there's more certainty.

Ultimately, the decision depends on your risk tolerance and investment horizon. If you're comfortable with some level of uncertainty and believe in the sector's long-term potential, investing now could be beneficial. If you prefer a more cautious approach, waiting for clearer signals might be the better choice.

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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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