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32, Drowning in Debt, Income 30k: How Can I Survive?

Ramalingam

Ramalingam Kalirajan  |10872 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jun 02, 2025

Ramalingam Kalirajan has over 23 years of experience in mutual funds and financial planning.
He has an MBA in finance from the University of Madras and is a certified financial planner.
He is the director and chief financial planner at Holistic Investment, a Chennai-based firm that offers financial planning and wealth management advice.... more
Asked by Anonymous - May 29, 2025Hindi
Money

Dear sir , I'm 32 years old. I have lent money from an acquaintance of 15 lakhs with an monthly interest of 45k. And I have also lent another 4.5 lakhs with monthly interest of 38k from another friend. These were used to close all the small loans from third party apps with a very high interest. I also have small personal loans . 1. 1,70,000 with 8,000 emi and around 2 years of tenure remaining m 2. 2,50,000 with 6,000 emi and around 2.5 years tenure. 3. 1,00,000 with 6,000 emi and around 1.5 year tenure . I have an monthly income of around 30k. And I Currently do not possess any form of savings , assets or investments. How do I get out of this loop of constantly getting another debt to repay another one ? I work in the fitness industry so there's no scope of earning more than 10k from my current salary in India even though I have more experience in this field.

Ans: Your concern is valid and very real.

You are 32 years old.

You earn Rs 30,000 monthly.

You have borrowed heavily from acquaintances.

You also hold three personal loans.

You are stuck in a debt loop.

You want a practical and long-term solution.

Let us now give you a detailed 360-degree strategy.

Understanding the Complete Debt Picture
Rs 15 lakhs loan from acquaintance, paying Rs 45,000 monthly interest

Rs 4.5 lakhs from another friend, paying Rs 38,000 monthly interest

Personal loans: Rs 1.7L, Rs 2.5L and Rs 1L

EMI on personal loans: Rs 8,000 + Rs 6,000 + Rs 6,000 = Rs 20,000

Total monthly outgo on debt: Rs 1,03,000

Your income is only Rs 30,000

You are in deep negative cash flow every month

You are likely borrowing more to pay interest and EMIs

There are no assets, savings, or investments right now

Appreciating Your Decision to Seek Help
You have taken a bold first step.

You have recognised the problem clearly.

You want to stop the debt cycle.

That shows willingness to act and change.

This mindset will help you come out of this.

Let's now move step by step.

Step 1: Stop Borrowing Further, Even for a Day
No more loans from anyone, under any situation

Stop all app-based loans completely

Inform friends that you cannot borrow more

Every new loan worsens the trap

Any money borrowed now will increase your pain

Accept this truth today and stay strong on it

Step 2: Understand That You Cannot Continue Like This
You are paying Rs 1.03 lakhs interest and EMI

Your income is Rs 30,000

This math can never work

You are surviving through borrowed time and favours

You are in a debt trap right now

It will not go away on its own

You must act boldly and wisely

Step 3: Discuss a Structured Debt Settlement with Lenders
First, talk to the friend who gave Rs 15 lakhs

Show him your situation openly

Request to stop monthly interest for some time

Offer to pay a fixed EMI instead of interest

Do not avoid or delay conversations

People respect honesty and intention to repay

Next, approach the friend who gave Rs 4.5 lakhs

Follow the same approach

Suggest converting monthly interest into a longer-term EMI

Offer a token amount monthly

Rework the payment terms to suit your capacity

Involve a family elder if it helps build trust

Step 4: Consolidate All Personal Loans If Possible
Check if you can get a single loan to close all personal loans

Target is to reduce EMI burden

You may not get loan from bank due to low credit

Try to get help from a family member to get a low-interest personal loan in their name

Only to consolidate existing EMIs, not new borrowing

If this is not possible, maintain current EMIs

Prioritise loans with highest interest

Keep communication open with lenders

Avoid missing EMIs to protect your credit score

Step 5: Cut All Possible Expenses Immediately
Stop non-essential expenses like:

  - OTT subscriptions
  - Dining out
  - Online shopping
  - Gym expenses if you can self-train
  - Fuel and travel which can be avoided

Shift to a more affordable living setup if needed

Speak to landlord to reduce rent temporarily

Share accommodation if possible

Buy basic groceries only, no luxury items

Use cash to control daily expenses

Maintain a diary of every rupee spent

Step 6: Increase Income with Secondary Work
You said fitness jobs limit income

But look for add-on work during free time

Some ideas:

  - Online fitness coaching from home
  - Recording videos for online classes
  - Selling fitness guides or diet plans
  - Helping with social media content for fitness brands
  - Freelance training for apartment gyms

Aim for Rs 5,000–Rs 10,000 extra monthly

Every bit of income helps reduce debt burden

Use these earnings strictly to pay back lenders

Step 7: Avoid Any Investment Till All Loans Are Closed
No SIP, no stocks, no mutual funds now

Do not fall for quick return promises

You are in debt repayment phase

Investment can come later, not now

Keep focus only on clearing loans

Step 8: Seek Free Counselling If Emotionally Drained
Debt creates mental pressure

It may cause anxiety or fear

Speak to someone who listens, not judges

Use free helplines or NGOs offering support

Don’t suffer alone silently

Keep your mind strong and focused

This is a temporary phase, not permanent

Your future can change with effort

Step 9: Once Stable, Start Emergency Fund Slowly
After you clear high-interest debts

Start saving Rs 500–Rs 1000 monthly

Put in liquid mutual fund via regular plan

Avoid direct plans – they offer no guidance

Certified Financial Planner can guide better

Use emergency fund only for urgent needs

Never use for shopping or travel

Keep building it month by month

Step 10: Finally Build a New Financial Identity
Clear your loans step by step

Rebuild your credit slowly

Start tracking income and spending every month

Stay away from lending apps permanently

Create small savings habit after debts are over

Start SIP with Rs 1000 in regular equity fund when possible

Review goals with Certified Financial Planner yearly

Learn to say ‘No’ to money offers when not needed

Finally
You are in a serious but solvable financial crisis

Accept it, face it and work on it

Stop new borrowing right now

Restructure old debts with honesty and clarity

Cut lifestyle expenses sharply

Create new income channels in fitness or beyond

Don't try to invest until debts are closed

Once stable, build emergency and investment habit

Use mutual funds with regular plan and guided help

Stay away from index and direct funds for now

This problem is hard but not permanent

With small steps and strong action, you can come out

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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Ramalingam

Ramalingam Kalirajan  |10872 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 17, 2024

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Money
Hi, I'm 37 years old working as central government employee with a salary of Rs.80k in hand. I have total debt of Rs.12 lac which comprises of multiple loans due to which i am finding it extremely difficult to manage it. My EMI as of now is 75k. Out of these loans 12 lac, total credit card debt amounts to 1.2 lac. Theses loans have remaining 2.5 years tenure. Trying to find banks or financial lenders to consolidate these multiple loans at one place is next to impossible as my application has been rejected again and again due to not meeting their internal policy. In order to be able to pay back the emi on time, i keep borrowing from private lenders with high interest, through friends etc. I am totally at loss now, Please guide and advise me how to manage and get over this trauma. Thanks
Ans: Understanding Your Situation
You are facing a challenging debt situation.

Managing Rs. 75k in EMIs on an Rs. 80k salary is tough.

Let's explore ways to ease your burden.

Prioritising Debt Repayment
First, focus on your credit card debt.

Credit cards have high interest rates.

Paying them off first can save money.

Creating a Budget
Track your income and expenses.

Identify areas where you can cut costs.

This can free up money for debt repayment.

Considering a Debt Management Plan
A debt management plan can help.

Certified Financial Planners can assist you.

They can negotiate with creditors for better terms.

Exploring Debt Consolidation
You mentioned difficulty with consolidation.

Still, it’s worth revisiting this option.

Look for lenders with flexible criteria.

Avoiding High-Interest Borrowing
Stop borrowing from private lenders.

High interest makes your debt worse.

Find alternative solutions.

Using Emergency Funds
If you have emergency funds, use them.

They can help reduce your debt faster.

Rebuild these funds once debt is manageable.

Selling Non-Essential Assets
Consider selling non-essential assets.

This can generate extra cash for debt repayment.

Every bit helps in reducing the burden.

Seeking Professional Help
Consult a Certified Financial Planner.

They can offer personalised advice.

Their expertise can guide you effectively.

Discussing with Creditors
Talk to your creditors directly.

Explain your situation and ask for relief.

They might offer temporary reductions or extensions.

Reviewing Your Insurance Policies
If you have LIC, ULIP, or investment-cum-insurance policies:

Consider surrendering them for liquidity.

Reinvest in mutual funds once debt is cleared.

Staying Positive and Persistent
Debt repayment is a long process.

Stay positive and persistent.

Every small step moves you closer to financial freedom.

Final Insights
Addressing your debt is crucial for financial health.

Prioritise high-interest debts like credit cards.

Create a strict budget and explore all options.

Seek professional help and consider asset sales.

With determination, you can overcome this challenge.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |10872 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jun 23, 2024

Money
Hi Sir, I'm 37 years old working as central government employee with a salary of Rs.80k in hand. I have total debt of Rs.12 lac which comprises of multiple loans due to which i am finding it extremely difficult to manage it. My EMI as of now is 75k. Out of these loans 12 lac, total credit card debt amounts to 1.2 lac. Theses loans have remaining 2.5 years tenure. Trying to find banks or financial lenders to consolidate these multiple loans at one place is next to impossible as my application has been rejected again and again due to not meeting their internal policy. In order to be able to pay back the emi on time, i keep borrowing from private lenders with high interest, through friends etc. I am totally at loss now, Please guide and advise me how to manage and get over this trauma. Thanks
Ans: Absolutely understand your situation. Managing debt can be overwhelming, but there are ways to handle it effectively. Let's look at practical steps to help you manage and overcome your financial challenges.

Assessing Your Financial Situation
First, let’s evaluate your current financial situation. You have a salary of Rs. 80,000 in hand. Your EMI is Rs. 75,000, which is very high. Out of Rs. 12 lakh debt, Rs. 1.2 lakh is credit card debt. The remaining loan tenure is 2.5 years. Your main issue is the high EMI which is eating up most of your income.

Prioritizing Debt Repayment
Start by prioritizing your debt. Credit card debt usually has a higher interest rate. Focus on paying off credit card debt first. Pay at least the minimum amount due on other loans to avoid penalties and then direct any extra funds towards your credit card debt.

Reducing Monthly Expenses
Evaluate your monthly expenses. Look for areas where you can cut back. Small savings add up. It’s tough but necessary. Prioritize essential expenses like rent, groceries, and utilities. Cut down on discretionary spending such as dining out, subscriptions, and entertainment.

Generating Additional Income
Consider ways to generate additional income. You might have skills or hobbies that can earn you extra money. Freelancing, part-time jobs, or selling unused items online can help. Every little bit of extra income will aid in reducing your debt faster.

Communicating with Creditors
Reach out to your creditors. Explain your financial situation. Sometimes, creditors may offer restructuring options, lower interest rates, or extended repayment periods. This can help reduce your monthly EMI burden. It’s important to communicate openly and honestly.

Avoiding High-Interest Loans
Stop borrowing from private lenders with high interest rates. This only worsens your financial situation. Avoid taking on any new debt. Focus on managing and paying off existing debt.

Seeking Professional Help
Consult a Certified Financial Planner (CFP). They can provide personalized advice and help create a realistic repayment plan. A CFP can also negotiate with creditors on your behalf, potentially securing better terms for your loans.

Exploring Debt Consolidation Alternatives
Though traditional banks have rejected your consolidation application, explore other avenues. Non-banking financial companies (NBFCs) or peer-to-peer lending platforms might be options. However, ensure they are reputable and offer favorable terms.

Utilizing Employee Benefits
As a central government employee, check if there are any benefits or loan restructuring options available. Some government schemes might offer relief or lower interest rates. Utilize any benefits available to ease your financial burden.

Building an Emergency Fund
While repaying debt is crucial, try to set aside a small emergency fund. This fund can help manage unexpected expenses without resorting to high-interest loans. Aim to save a small amount regularly, even if it’s just Rs. 500 per month.

Practicing Financial Discipline
Financial discipline is key. Stick to your budget, avoid unnecessary expenses, and focus on your debt repayment plan. It’s challenging but essential for long-term financial stability.

Maintaining a Positive Mindset
Managing debt can be stressful. It’s important to maintain a positive mindset. Celebrate small victories, such as paying off a portion of your debt. Stay motivated and focused on your long-term financial goals.

Evaluating Your Insurance Policies
If you hold LIC, ULIP, or investment-cum-insurance policies, consider their returns. Sometimes, surrendering these policies and reinvesting in mutual funds might offer better returns. Consult your CFP for personalized advice on this.

Investing in Mutual Funds
Post-debt repayment, consider investing in mutual funds for wealth creation. Actively managed funds through a CFP can offer better returns than direct funds. They provide professional management and tailored advice, aligning with your financial goals.

Final Insights
Your situation is challenging, but with a structured plan and discipline, you can overcome it. Prioritize debt repayment, reduce expenses, seek additional income, and consult a CFP. Maintain open communication with creditors and explore alternative consolidation options. Remember, small consistent efforts lead to significant results.

Taking Action
Start implementing these steps immediately. Track your progress, adjust your plan as needed, and stay committed. Financial freedom is achievable with determination and smart planning.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |10872 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jan 30, 2025

Asked by Anonymous - Jan 30, 2025Hindi
Listen
Money
Debt trap I am 29F and have 37lacs unsecured loans as followed Muthoot 12lacs Kotak 6lacs Fullerton 9lacs Truebalance 29630 Lenditt 83000 with 27000 emi Kreditbee 2lacs with 15k emi Instamoney 25000 with 12k emi Kissht 15150 with 7170 emi Phocket 15347 with 7252 emi rupeeredee 14420 with 7753 emi Ramfincorp payday loan 42880 Rupee 112 payday loan 45850 Fibe 50000 emi 9077 MoneyView 62712 emi 3484 Flexsalary 63233 emi interest 4000 I had resorted to the application loans as was scared of not being able to repay my current emis and fell into this huge debt trap.. Now am unable to keep up and really have been pleading banks to give me time so that I can resolve the payday loans first.. Am super lost don't know how to approach this Have no assets whatsoever and make like 50k a month with no support... How can I proceed and stop this? This was the first month when I defaulted on all of these loans and am still not able to find a way out.. I had spoken to lawerpanel guys but they wanted me to pay them 30k for 6 months to help with settlement and asked me to default these and I was like I don't have money for this.. pls help!
Ans: Understanding Your Situation
You have Rs. 37 lakhs in unsecured loans.

Your monthly salary is Rs. 50,000.

You have defaulted on all EMIs for the first time.

You took payday loans to manage past EMIs but fell into a deeper debt trap.

You approached a settlement agency but couldn't afford their fees.

You have no assets or external financial support.

Immediate Actions to Stop the Crisis
1. Stop Taking New Loans
Do not take another loan to pay existing EMIs.

Avoid payday loans, as their high interest worsens your situation.

2. Prioritise Loan Payments
List your loans in two categories:

High EMI & Payday Loans: (e.g., Kreditbee, Instamoney, Kissht, Phocket, Rupeeredee, Ramfincorp)
Other Personal Loans: (e.g., Muthoot, Kotak, Fullerton)
Focus on repaying payday loans first, as they have extreme interest rates.

3. Negotiate with Lenders
Contact all lenders and explain your financial situation.

Request a moratorium or restructuring to reduce EMIs.

Many lenders prefer lower EMIs over defaults.

Request waiver or reduction of penalties.

4. Avoid Settlement Agencies
Agencies demand high upfront fees, worsening your financial stress.

You can negotiate with lenders directly for better terms.

5. Increase Monthly Income
Find a side job, freelancing, or gig work for extra income.

If possible, request overtime or salary advance from your employer.

Consider renting a room or shared living to reduce expenses.

Strategic Debt Repayment Plan
1. Minimum Payments for Essential Loans
Pay minimum dues on loans that cannot be negotiated.

Keep essential personal loans active to avoid legal issues.

2. Close Payday Loans First
These have high penalties and should be cleared first.

Negotiate one-time settlements if possible.

3. Debt Snowball or Avalanche Method
Snowball: Pay the smallest loan first for quick wins.

Avalanche: Pay the highest interest loan first to save money.

Choose what suits you best.

Legal Considerations
Loan defaults affect your credit score but do not lead to jail.

Lenders may pressure you, but harassment is illegal.

File a complaint if you face threats from recovery agents.

Seek legal help if you face extreme pressure. Some lawyers help for free.

Lifestyle Adjustments to Free Up Cash
Reduce unnecessary expenses like dining out, subscriptions, and shopping.

Move to a cheaper living space if possible.

Cook meals at home instead of ordering food.

Use public transport instead of cabs or bikes.

Final Insights
Your situation is difficult, but it can be fixed with discipline.

Avoid taking new loans at any cost.

Negotiate with lenders for lower EMIs.

Close payday loans quickly to escape their high interest.

Find additional income sources to speed up repayment.

Stay mentally strong and seek free legal aid if needed.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

..Read more

Ramalingam

Ramalingam Kalirajan  |10872 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jun 01, 2025

Asked by Anonymous - Jun 01, 2025
Money
I have a loan of 9 lakhs, monthly emi 26k, trying to pay with credit cards and taken from others, my salary goes to take care of my family needs only, this 10 lakhs is additional for which no source of income, credit card bills are getting another burden to me, max I can clear EMI of loan for another 2months with extra 2.5lakhs credit card due!! Please suggest me a way to come out from this debt trap! Friends & relatives are not going to help! I alone should struggle to clear these loans! Already working for more than 12hours for my livelihood, so no time to work extra, what to do? How to clear the loans?
Ans: You are carrying a huge burden. Still, you are not giving up. That shows strength.

Now, we need a 360-degree plan to escape this debt trap.

This answer is detailed, practical, and designed to rebuild your financial life.

1. Understand Your Current Debt Burden

Rs. 9 lakhs loan with Rs. 26,000 monthly EMI.

Rs. 2.5 lakhs credit card dues added pressure.

No savings. No help from others.

You are using credit cards to pay EMIs.

This cycle is dangerous and needs to stop now.

2. Respect Your Courage First

You are working over 12 hours every day.

You are managing home needs and family.

Even in this pressure, you are still standing.

You deserve appreciation for not running away.

That self-discipline is your biggest asset.

3. The Truth – You Cannot Continue Like This

This debt trap will grow every month.

Credit card interest is above 36% yearly.

Paying EMI from cards creates bigger problem.

In 2 months, situation will get worse.

4. Take Control – Accept Reality First

You cannot solve this by earning more.

You have no time to work extra.

You must now reset your financial structure.

5. Step One – STOP Using Credit Cards Immediately

Do not swipe them again for anything.

Do not use cards to pay EMI.

Do not pay minimum due only. Pay in full if possible.

6. Step Two – List All Your Debts

Make a simple sheet with 3 columns:

  • Amount you owe
  
  • Monthly EMI or bill
  
  • Interest rate

List loan, credit cards, other dues separately.

This gives you full picture of your debt.

7. Step Three – Prioritise Debt Based on Risk

Credit cards come first – they have highest interest.

Unsecured loans come next.

Family debts come last.

8. Step Four – Approach the Lender for Loan Restructuring

Contact the bank or NBFC where you have loan.

Ask for “restructuring” under RBI’s personal loan scheme.

They may allow:

  • Lower EMI for longer term
  
  • Temporary EMI holiday for few months

You need to write a request letter to them.

Mention your financial stress and genuine intention to repay.

9. Step Five – Convert Credit Card to Personal Loan

Most banks allow this.

Convert the Rs. 2.5 lakhs into term loan.

That gives fixed EMI and stops interest growth.

Interest on term loan is lesser than card interest.

10. Step Six – Avoid Minimum Payments on Cards

Paying only minimum keeps the card running.

But interest keeps growing every month.

Within 6 months, amount doubles.

11. Step Seven – STOP Any Fresh Loans

Don’t take new loans to repay old ones.

This is not a solution. This is poison.

12. Step Eight – Talk to a Certified Financial Planner

A CFP will guide debt restructuring.

He will suggest repayment plan based on cash flow.

You cannot handle this stress alone.

13. Step Nine – Cut All Non-Essential Expenses

Reduce phone recharge, DTH, fuel usage.

Postpone all festivals, trips, functions, purchases.

Stop all online shopping, gifts, donations temporarily.

14. Step Ten – Pause All Investments for Now

If you are doing SIPs, stop them temporarily.

Your priority now is to clear debts.

SIP can restart later when stable.

15. Step Eleven – Build Emergency Cushion Slowly

Even in tight cash flow, save Rs. 500/month.

Keep in a separate savings account.

This avoids using card for small needs.

16. Emotional Discipline is Now Your Biggest Tool

Say “No” without guilt to social pressure.

Your family must know your full financial truth.

Be honest and take them into confidence.

17. No Shortcuts – Avoid These Traps

Don’t try day trading or crypto schemes.

Don’t fall for quick-money jobs or part-time scams.

Don’t apply for payday loans online.

18. Use Professional Help If Required

There are RBI-registered debt resolution agencies.

They negotiate with banks on your behalf.

They may reduce interest or combine loans.

19. Stay Away from Informal Money Lenders

Never take from local agents or unlicensed lenders.

They can become dangerous if unpaid.

20. Sell Unused Assets If Any

Do you have gold, gadgets, or vehicle?

If not essential, sell to reduce debt.

A temporary sacrifice gives long-term peace.

21. Speak to Employer If Trusted

Some companies offer salary advance or loan.

Check if your HR has such policy.

Keep repayment terms clear and transparent.

22. Review All Bank Accounts

Do you have any FD or RD?

Break it and use it to clear debt.

23. Debt Avalanche Method – Use When Situation Stabilises

Once stable, start paying highest interest loan first.

After that, clear next highest.

24. Inform Lender Before You Default

If you miss EMI, inform bank in writing.

Don’t avoid calls. That worsens credit record.

25. Start Rebuilding Credit Score After 6 Months

Once you close credit card debt, wait 6 months.

Keep one card with Rs. 5,000 limit.

Use it once a month and pay full.

26. Remember – This Pain is Temporary

You are in deep stress today.

But your mindset is strong.

You are ready to act.

That alone can bring you out of this trap.

27. Final Insights

Your life is more valuable than this debt.

You have already proven hard work.

Now you must build financial wisdom.

Stop credit card use immediately.

Speak to lender. Ask for EMI restructuring.

Convert credit card dues into lower-interest loan.

Cut expenses. Postpone luxuries.

Pause investments till loan burden is reduced.

Set a monthly budget. Stick to it.

Don’t give up. Don’t lose hope.

Within 12 months, you can come out.

After that, you will feel proud.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

..Read more

Ramalingam

Ramalingam Kalirajan  |10872 Answers  |Ask -

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

Asked by Anonymous - Jun 28, 2025Hindi
Money
I am 35 years old and earn 1.9 Lakh per month. i have multiple loan which i am classifying below: 12 Lakh ROI @10.75% 11.05L Outstanding EMI - 26000 (54 Months Remains) 9.90 Lakh ROI @8.5% 5.84L Outstanding EMI - 20384 (33 Months Remains) 3.12 Lakh ROI @13% 2.27L Outstanding EMI - 10573 (25 Months Remains) 3 Lakh ROI @26% 2.92L Outstanding EMI - 12087 (35 Months Remains) 50K ROI @17% 50K Outstanding EMI - 5000 (12 Months Remains) 100K ROI @17% 100K Outstanding EMI - 5000 (24 Months Remains) 145K ROI @17% 50K Outstanding EMI - 4000 (48 Months Remains) 2.16 Lakh 11% 2.16 Outstanding EMI - 2000 (36 Months) only Interest i pay because this one i took against mutual fund Total EMI - 84000 Expenses - 82000 ( Included 45K which i need to pay my parents) I am deeply stressed. i want to get out of this debt trap. Kindly suggest me what should i do. I have value of 10 Lakh in mutual fund and 9 lakh in PF. Thanks,
Ans: Debt pressure is high. But your income is also good. You can surely come out of this with discipline.

Let us take a 360-degree view. I will explain in small points.

Current Income and Obligations
– Your monthly income is Rs. 1.9 lakh.
– EMI outflow is Rs. 84,000 monthly.
– Expenses are Rs. 82,000 monthly.
– Total outflow is Rs. 1.66 lakh monthly.
– That leaves Rs. 24,000 monthly as surplus.
– But this margin is very tight and risky.
– Any small shock can disturb your budget badly.

Loan Details – Breakdown and Priority
Let’s look at the costliest loans first.

1. Loan at 26% interest
– Outstanding: Rs. 2.92 lakh
– EMI: Rs. 12,087
– Remaining: 35 months
– This is extremely high cost.
– Needs to be closed first.

2. Loans at 17% interest
– Total of 3 loans in this range
– Total outstanding: Around Rs. 3 lakh
– Combined EMI: Rs. 14,000
– Interest outgo is high.
– These also need urgent attention.

3. Loan at 13% interest
– Outstanding: Rs. 2.27 lakh
– EMI: Rs. 10,573
– Still above average cost.
– Should be handled after the 17% loans.

4. Loans at 10.75% and 8.5%
– These are at acceptable cost.
– Can be handled slowly after high-cost ones.
– Don’t prioritise early repayment here.

5. Loan against mutual fund (at 11%)
– EMI: Rs. 2,000
– Interest-only structure
– No urgency now, but must be monitored.

Total Loan Burden and Stress
– You are paying Rs. 84,000 as EMI.
– That is 44% of your monthly income.
– Ideal EMI burden is below 30%.
– So you are overburdened now.
– Financial stress will remain till loans are cleared.

Mutual Fund Holding – Use Carefully
– You have Rs. 10 lakh in mutual funds.
– Don’t redeem full amount.
– Use only part of it to reduce high-cost debt.
– Protect remaining to support long-term wealth.

Suggested Action:
– Redeem around Rs. 4.5 to 5 lakh now.
– Use this to clear the 26% and 17% interest loans.
– This step alone will reduce EMI by Rs. 26,000 monthly.
– That will give you breathing space.

EPF Holding – Do Not Touch
– You have Rs. 9 lakh in EPF.
– It is your long-term retirement safety.
– Don’t withdraw this amount.
– It will grow slowly and tax-free.
– Use it only as last emergency support.

Monthly Budget – Must Be Reworked
– You are paying Rs. 45,000 to parents.
– Please check if it can be reduced temporarily.
– Even a small reduction can help you repay faster.

– Revisit all other expenses.
– Cut all non-essentials for next 18 months.
– No credit card spending. No new EMI.

– Focus completely on debt clearance.
– Even Rs. 5,000 saving monthly will help you.

Create a Debt Snowball Plan
– Focus first on the loan with highest interest.
– Pay off one loan fully, then use freed EMI for next.
– It creates psychological success and momentum.

Suggested Order:
– Clear the 26% loan first.
– Then clear the 17% loans.
– Then move to 13% loan.
– Later, focus on 10.75% and 8.5% loans.
– Close the mutual fund backed loan last.

Avoid Taking New Loans
– Don’t take personal loans again.
– Avoid top-ups, balance transfers, and credit cards.
– All such steps delay your recovery.

– Be strict with new credit usage.
– Maintain strong credit discipline.
– If needed, pause investments temporarily to repay faster.

Don’t Withdraw Full Mutual Fund
– Many people redeem all mutual funds to close loans.
– That feels good short-term.
– But you lose wealth creation and future safety.

– Only redeem what is needed.
– Keep Rs. 5 lakh invested for future goals.
– Build it back slowly after debt is cleared.

Don’t Break Your EPF
– EPF is not meant for debt repayment.
– Once you break it, it’s hard to rebuild.
– You will lose tax-free compounding.

– Use it only if there is no other way.
– In your case, mutual fund is enough.

Avoid Direct Mutual Funds
– If you are investing in direct funds, please switch.
– Direct plans give no personal guidance.
– You may not get help in emergencies.

– Use regular plans via a CFP-backed MFD.
– You get service, rebalancing, and emotional support.

Avoid Index Funds
– Index funds follow the market blindly.
– They don’t protect downside.
– In tough times, active funds perform better.
– You need strong guidance and strategy.

– Don’t invest passively when your finances are stressed.
– Use actively managed funds with goal-based planning.

Keep Emergency Buffer Intact
– After clearing loans, rebuild an emergency fund.
– You must keep at least 6 months of expenses ready.
– Use liquid mutual funds or FD.
– Emergency funds protect you from future debt trap.

Psychological Stress – Real and Serious
– Debt stress can impact mental peace.
– You must reduce stress step by step.
– Each loan cleared will give relief.
– Keep a small notebook to track each EMI closed.
– Celebrate small wins.
– Keep your family informed and involved.

Professional Guidance – Can Help You Recover Faster
– A Certified Financial Planner can create a plan.
– You will get emotional support and technical advice.
– They will help you stay focused and monitor your progress.

– This journey needs both money and mindset correction.
– A planner helps with both.

Simple Actions to Start Now
– Redeem Rs. 5 lakh from mutual fund.
– Use it to close all loans above 17%.
– Try to reduce Rs. 45,000 monthly parent support temporarily.
– Rebuild savings after debt is cleared.
– Don’t add new debt in any form.

Finally
– Your debt is high, but not unmanageable.
– You are earning well. That’s your strength.
– Reduce high-interest loans first.
– Don’t break your EPF.
– Redeem only part of mutual fund.
– Cut down monthly spending.
– Track EMI progress monthly.
– Use guidance from Certified Financial Planner.
– Avoid direct funds, index funds, and passive investing.
– Focus only on getting debt-free for now.

Stay disciplined. You will be free soon.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

..Read more

Latest Questions
Nayagam P

Nayagam P P  |10852 Answers  |Ask -

Career Counsellor - Answered on Dec 07, 2025

Career
Hello, I’m a student who recently joined the Integrated M.Sc Physics program at Amrita University. I’m aiming for a strong academic foundation and a clear career path. Could you please guide me on the following: How good is this course for research careers or higher studies (IISc, IITs, abroad)? What are the placement prospects after Integrated M.Sc Physics at Amrita? Does the program help in preparing for alternate options like UPSC, CDS/AFCAT, or technical roles? What skills (coding, research projects, certifications) should I start early to make the most of this degree?
Ans: Sree, Program Overview and Academic Foundation: Congratulations on joining the Integrated M.Sc Physics program at Amrita University. This five-year integrated program represents a rigorous pathway designed to equip you with advanced theoretical and experimental physics knowledge combined with cutting-edge scientific computing skills. The curriculum uniquely integrates a minor in Scientific Computing, which adds substantial computational capability to your profile—a critical advantage in today's research and professional landscape. The program incorporates comprehensive coursework spanning classical mechanics, electromagnetism, quantum mechanics, statistical physics, advanced laboratory work, and specialized topics in materials physics, optoelectronics, and computational methods, positioning you excellently for both research and professional careers.
Research Career Prospects: IISc, IITs, and Beyond: For research-oriented careers, the Integrated M.Sc Physics program at Amrita provides an exceptional foundation. Amrita's curriculum specifically aligns with GATE and UGC-NET examination syllabi, and the institution emphasizes early research engagement. The faculty at Amrita actively publish research in Scopus-indexed journals, with over 60 publications in international venues within the past five years, exposing you to active research environments.
To pursue research at premier institutions like IISc, you would typically follow the PhD pathway. IISc accepts M.Sc graduates through their Integrated PhD programs, and with your Amrita M.Sc, you're eligible to apply. You'll need to qualify the relevant entrance examinations, and your integrated program's emphasis on research fundamentals provides strong preparation. The final year of your Integrated M.Sc is intentionally structured to be nearly free of classroom commitments, enabling engagement with research projects at institutes like IISc, IITs, and National Labs. According to Amrita's data, over 80% of M.Sc Physics students secured internship offers from reputed institutions during academic year 2019-20, directly facilitating research career transitions.
Placement and Direct Employment Opportunities: Amrita University boasts a comprehensive placement ecosystem with strong corporate and government sector connections. According to NIRF placement data for the Amrita Integrated M.Sc program (5-year), the median salary in 2023-24 stood at ?7.2 LPA with approximately 57% placement rate. However, these figures reflect general placement trends; physics graduates often secure higher packages in specialized technical roles. Many graduates join software companies like Infosys (with early offers), Google, and PayPal, where their strong analytical and computational skills command competitive compensation packages ranging from ?8-15 LPA for entry-level positions.
The Department of Corporate and Industrial Relations at Amrita provides intensive three-semester life skills training covering linguistic competence, data interpretation, group discussions, and interview techniques. This structured placement support significantly enhances your employability in both government and private sectors.
Government Sector Opportunities: UPSC, BARC, DRDO, and ISRO: Your M.Sc Physics degree opens multiple avenues for prestigious government employment. UPSC Geophysicist examinations explicitly list M.Sc Physics or Applied Physics as qualifying degrees, enabling you to compete for Group A positions in the Geological Survey of India and Central Ground Water Board. The age limit for geophysicist positions is 32 years (with relaxation for reserved categories), and the exam comprises preliminary, main, and interview stages.
BARC (Bhabha Atomic Research Centre) actively recruits M.Sc Physics graduates as Scientific Officers and Research Fellows. Recruitment occurs through the BARC Online Test or GATE scores, with positions in nuclear science, radiation protection, and atomic research. BARC Summer Internship programs are available, offering ?5,000-?10,000 monthly stipends with opportunity for future scientist recruitment.
DRDO (Defense Research and Development Organization) recruits M.Sc Physics graduates through CEPTAM examinations or GATE scores for roles involving defense technology, weapon systems, and laser physics research. ISRO (Indian Space Research Organisation) regularly advertises scientist/engineer positions through competitive recruitment for candidates with strong physics backgrounds, offering opportunities in satellite technology and space science applications.
Other significant employers include the Indian Meteorological Department (IMD) recruiting as scientific officers, and NPCIL (Nuclear Power Corporation of India Limited), offering stable government service with competitive compensation packages exceeding ?8-12 LPA for scientists.
Alternate Career Pathways: UPSC, CDS, and AFCAT: UPSC Civil Services (IFS - Indian Forest Service): M.Sc Physics graduates qualify for UPSC Civil Services examinations, with the forest service offering opportunities for science-based administrative roles with potential to reach senior government positions.
CDS/AFCAT (Armed Forces): While AFCAT meteorology branches specifically require "B.Sc with Maths & Physics with 60% minimum marks," the technical branches (Aeronautical Engineering and Ground Duty Technical roles) require graduation/integrated postgraduation in Engineering/Technology. An M.Sc Physics integrates well with technical qualifications, though you would need engineering background for direct officer entry. However, you remain eligible for specialized technical interviews if applying through alternate defence channels.
UGC-NET Examination: This pathway leads to Assistant Professor positions in central universities and colleges across India. NET-qualified candidates receive scholarships of ?31,000/month for 2-year JRF positions with PhD pursuit, transitioning to Assistant Professor salaries of ?41,000/month in government institutions. This route provides long-term academic career security with research opportunities.
Private Sector Technical Roles
M.Sc Physics graduates are increasingly valued in data science, software engineering, and technical consulting. Companies actively recruit physics graduates for software development, where strong problem-solving and logical reasoning translate to competitive packages of ?10-20 LPA. Specialized domains including quantum computing development, financial modeling, and scientific computing offer premium compensation. Your minor in Scientific Computing makes you particularly attractive to technology companies requiring computational expertise.
International Opportunities and Higher Studies Abroad
An M.Sc from Amrita facilitates admission to PhD programs at international institutions. German universities offer tuition-free or low-fee MSc Physics programs (2 years) with scholarships like DAAD providing €850+ monthly stipends. US universities accept M.Sc graduates directly for PhD positions with full funding (tuition coverage + stipend). These pathways require GRE scores and strong Statement of Purpose articulating research interests. Research collaboration opportunities exist with Max Planck Institute (Germany) and CalTech Summer Research Program (USA), both welcoming Indian M.Sc students.
Essential Skills and Certifications to Develop Immediately: Programming Languages: Start learning Python immediately—it's universally used in research and industry. Dedicate 2-3 hours weekly to data analysis, scientific computing libraries (NumPy, SciPy, Pandas), and machine learning fundamentals. MATLAB is equally critical for physics applications, particularly numerical simulations and data visualization. Aim to complete MATLAB certification courses within your first year.
Research Tools: Learn Git/version control, LaTeX for scientific documentation, and data analysis frameworks. These skills are indispensable for publishing research papers and collaborating on projects.
Certifications Worth Pursuing: (1) MATLAB Certification (DIYguru or MathWorks official courses) (2) Python for Data Science (complete certificate programs from platforms like Coursera) (3) Machine Learning Fundamentals (for expanding technical versatility) & (4) Scientific Communication and Technical Writing (develop through departmental workshops)
Strategic Internship Planning: Leverage Amrita's research connections systematically. In your third year, apply to BARC Summer Internship, IISER Internships, TIFR Summer Fellowships, and IIT Internship programs (like IIT Kanpur SURGE). These expose you to frontier research while establishing connections for future PhD or scientist recruitment. Target 2-3 research internships across different specializations to develop versatility.

TO SUM UP, Your Integrated M.Sc Physics degree from Amrita positions you exceptionally well for competitive research careers at IISc/IITs, prestigious government scientist roles at BARC/DRDO/ISRO, and international PhD opportunities. The program's scientific computing emphasis differentiates you in the job market. Immediate priorities: (1) Master Python and MATLAB within the first two years; (2) Engage in research projects starting year 2-3; (3) Target internships at premiere research institutions; (4) Prepare GATE while completing your degree for maximum flexibility in recruitment; (5) Consider UGC-NET for long-term academic stability. Your career trajectory will ultimately depend on developing strong research fundamentals, demonstrating consistent excellence in specialization areas, and strategically selecting internship and research opportunities. The rigorous Amrita program combined with disciplined skill development positions you for exceptional career success across multiple sectors. Choose the most suitable option for you out of the various options available mentioned above. All the BEST for Your Prosperous Future!

Follow RediffGURUS to Know More on 'Careers | Money | Health | Relationships'.
Asked on - Dec 07, 2025 | Answered on Dec 07, 2025
Thankyou
Ans: Welcome Sree.

...Read more

Ramalingam

Ramalingam Kalirajan  |10872 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Dec 06, 2025

Asked by Anonymous - Dec 06, 2025Hindi
Money
Dear Sir/Ma'am, I need some guidance and advice for continuing my mutual fund investments. I am a 36 year old male, married, no kids yet and no debts/liabilities as such. I have couple of savings in PPF, NPS, Emergency funds and long term investing in direct stocks. I recently started below mentioned SIPs for long term to grow wealth. Request you to review the same and let me know if I should continue with the SIPs or need to rationalize. Kindly also advice on how to invest a lumpsum amount of around 6lacs. invesco small cap 2000 motilal oswal midcap 2700 parag parikh flexicap 3000 HDFC flexicap 3100 ICICI prudential largecap 3100 HDFC large and midcap 3100 HDFC gold etf FOF 2000 ICICI Pru equity and debt fund 3000 HDFC balanced advantage fund 3000 nippon india silver etf FOF 2000
Ans: You already built a solid foundation. Many investors delay planning. But you started early at 36. That gives you a strong advantage. You have no liabilities. You have long term thinking. You also have diversified savings like PPF, NPS, Emergency funds and direct stocks. That shows clarity and discipline. This approach builds wealth with less stress over time.

You also started systematic investments in equity funds. That is a positive step. Your selection covers multiple categories like large cap, mid cap, small cap, flexi cap, hybrid and precious metals. So the intent is right. You are trying to create a broad portfolio. That gives balance.

» Your Portfolio Composition Understanding
Your current SIP list includes:

Small cap

Mid cap

Flexi cap

Large cap

Large and mid cap

Hybrid category

Gold and Silver FoF

Equity and Debt allocation fund

Dynamic hybrid fund

This shows you are trying to cover many segments. But too many categories can create overlap. When there is overlap, you get confusion during review. It also makes portfolio discipline difficult. You may think you are diversified. But the holdings inside may repeat. That reduces efficiency.

Your portfolio now looks like:

Equity dominant

Hybrid for stability

Metals for hedge

So the broad direction is fine. But simplifying helps in long-term habit building.

» Fund Category Duplication
You hold:

Two flexi cap funds

One large and mid cap fund

One pure large cap fund

One mid cap fund

One small cap fund

Flexi cap funds already invest across large, mid, small. Then large and mid also overlaps. So the large cap exposure gets repeated. That may not add extra benefit. But it increases monitoring complexity.

So I suggest rationalising. Keep one fund per category in core. Keep satellite space for only high conviction.

» Core and Satellite Strategy
A structured portfolio follows core and satellite method.

Core portfolio should be:

Simple

Long term

Stable

Satellite portfolio can be:

High growth

Concentrated

Based on your thinking level, you can structure like this:

Core funds:

One large cap

One flexi cap

One hybrid equity and debt fund

One balanced advantage type fund

Satellite funds:

One mid cap

One small cap

One metal allocation if needed

This division gives clarity. You can continue SIPs with review every year. No need to stop and restart often. That reduces behavioural mistakes.

» Your Current SIP List Review with Suggested Streamlining

You can consider continuing:

One flexi cap

One large cap

One mid cap

One small cap

One balanced advantage

One equity and debt hybrid

You may reconsider keeping both flexi caps and both gold silver funds. One of each category is enough. Because too many funds do not increase returns. It complicates tracking.

Precious metal funds should not be more than 5 to 7 percent in your portfolio. This is because metals are hedge assets. They do not create compounding like equity. They act as protection during cycles. So keep them small.

» How to Use the Rs 6 Lakh Lump Sum
You asked about lump sum investing. This is important. Lump sum should not go fully into equity at one time. Markets move in cycles. So use a staggered method. You can invest the lump sum through STP (Systematic Transfer Plan). You can keep the amount in a liquid fund and set STP toward your chosen growth funds over 6 to 12 months.

This reduces timing risk. It also creates discipline. So your Rs 6 lakh can be deployed gradually. You may use 50% towards core equity funds and 30% toward satellite growth category. The remaining 20% can go into hybrid category. This gives balance and comfort.

» Regular Funds Over Direct Funds
One important point many investors miss. Direct funds look cheaper. But they demand deep knowledge, discipline, and behaviour control. Most investors lose more through emotional selling and wrong timing than they save on expense ratio.

With regular funds through a Mutual Fund Distributor with Certified Financial Planner qualification, you get guidance, structure and correction. The advisory discipline protects you during market extremes. That is more valuable than a small saving in expense ratio.

A personalised planner also tracks portfolio drift, rebalancing need and category shifts. So regular fund investing gives long-term benefit and behaviour coaching.

» Actively Managed Funds over Index or ETF
Some investors choose index funds or ETF thinking they are simple and cheap. But they ignore drawbacks.

Index funds or ETF will not avoid weak companies in the index. They will invest whether the company grows or struggles. There is no fund manager decision making. So when markets are at peak, index funds continue aggressive exposure. In downturns also they fall fully. There is no cushion.

Actively managed funds work with research teams. They can avoid bad sectors. They can shift allocation based on market and economy. Over long term, this gives better alpha and stability. So continuing with actively managed funds creates better wealth compounding.

» SIP Continuation Strategy
Once the rationalisation is done, continue SIPs every month without interruption. Pause and restart behaviour damages compounding power. SIP works best when you go through all market cycles. You benefit more during corrections because cost averaging works.

So continue SIP amount. You can also review SIP increase every year based on income. Increasing SIP by 10 to 15 percent every year helps you reach large corpus faster.

» Asset Allocation Based Approach
One key point in wealth creation is having the right asset mix. Equity gives growth. Hybrid gives balance. Metals give hedge. Debt gives safety. Your asset allocation should stay aligned to your risk profile and time horizon.

Since you are young and have long term horizon, higher equity allocation is fine. But as time moves, rebalancing is important. Rebalancing protects gains and restores allocation.

So review your asset allocation every year or during major life events like child birth, home buying or retirement planning.

» Behaviour Management
Many portfolios fail not due to bad funds. They fail due to bad decisions. Selling during correction. Stopping SIP when market falls. Chasing past return performance. These mistakes reduce wealth.

Your discipline so far is good. Continue to stay patient during volatility. Equity rewards patience and time.

» Financial Goals Clarity
Since you have no children now, you can decide your long-term goals. Typical goals may include:

Retirement

Future child education

Dream lifestyle purchase

Health care reserves

When goals are clear, investment purpose becomes stronger. So you can map each fund category to goal horizon. Short-term goals should not use equity. Long-term goals should use equity with hybrid support.

» Role of Review and Monitoring
Review once in a year is enough. Frequent review can create anxiety. Annual review helps check:

Fund performance

Expense drift

Category relevance

Allocation balance

Then adjust only if needed. This progress helps you stay confident and aligned.

» Taxation Awareness
Equity mutual funds taxation rules are:

Short term (below one year holding) taxable at 20 percent

Long term (above one year holding) gains above Rs 1.25 lakh taxable at 12.5 percent

Debt mutual funds are taxed as per your income slab.

So always hold equity funds for long term. That reduces tax impact and gives better growth.

» SIP Increase Plan
You can create a simple plan to increase SIP over time. For example:

Increase SIP at every salary increment

Increase SIP during bonus time

Use rewards or extra income for investing

This habit accelerates wealth. So by the time you reach 45 to 50 years, your investments could reach a strong level.

» Insurance and Protection
Before investing large, ensure you have term insurance and health insurance. If not already done, it is important. Insurance protects wealth. Without insurance, even a small medical event can impact investment plan. So review this part also. Since you are married, cover both.

» Wealth Behaviour Mindset
You are already disciplined. Just keep these simple principles:

Invest without stopping

Review once a year

Avoid funds overlap

Follow asset allocation

Avoid reacting to media noise

This helps you reach long term milestones.

» Finally
You are on the right track. Only fine tuning and simplification is needed. Your discipline is visible. Your portfolio will grow well with structure, patience and periodic review. Use the Rs 6 lakh with STP approach. And continue SIP with rationalised categories.

With time and consistency, wealth creation becomes effortless and peaceful. You just need to stay committed and avoid overthinking during market movements.

Best Regards,
K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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

...Read more

Dr Dipankar

Dr Dipankar Dutta  |1837 Answers  |Ask -

Tech Careers and Skill Development Expert - Answered on Dec 05, 2025

Career
Dear Sir, I did my BTech from a normal engineering college not very famous. The teaching was not great and hence i did not study well. I tried my best to learn coding including all the technologies like html,css,javascript,react js,dba,php because i wanted to be a web developer But nothing seem to enter my head except html and css. I don't understand a language which has more complexities. Is it because of my lack of experience or not devoting enough time. I am not sure. I did many courses online and tried to do diplomas also abroad which i passed somehow. I recently joined android development course because i like apps but the teaching was so fast that i could not memorize anything. There was no time to even take notes down. During the course i did assignments and understood the code because i have to pass but after the course is over i tend to forget everything. I attempted a lot of interviews. Some of them i even got but could not perform well so they let me go. Now due to the AI booming and job markets in a bad shape i am re-thinking whether to keep studying or whether its just time waste. Since 3 years i am doing labour type of jobs which does not yield anything to me for survival and to pay my expenses. I have the quest to learn everything but as soon as i sit in front of the computer i listen to music or read something else. What should i do to stay more focused? What should i do to make myself believe confident. Is there still scope of IT in todays world? Kindly advise.
Ans: Your story does not show failure.
It shows persistence, effort, and desire to improve.

Most people give up.
You didn’t.
That means you will succeed — but with the right method, not the old one.

...Read more

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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