rediff.com
Rediff Gurus Logo
Home > Money > Question
Language:
Now in हिन्दी too
Need Expert Advice?Our Gurus Can Help
Ramalingam

Ramalingam Kalirajan  |7290 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 28, 2024

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 28, 2024Hindi
Money

I am 27 year old, have been earning money since 2017 but didn’t save any or used all the money. Now since a year I’ve started saving , my current portfolio/plan is 2286 : tata sampoorn life insurance 750000 (rop) 40 years 3180 : aditya birla capital guarantee solution pay 5 year stay invested 20 years 3000 : bajaj goal assure pay 20 y invest 20 y 2000 : tata fortune pro pay 5 invested 15 y Sips ::::::: 4000 : nippon small cap 2000 : quant small cap -G 2000 : hdfc infrastructure-G 2000 : icici pru infrastructure-G 2000 : icici pru bharat 22 fof-G 2000 : icici pru equity and debt - idcwy 1000 : kotak equity hybrid reg-G 1000 : quant focused -G Health insurance with no return. I can not stop the policy plans, can only change sips Does this portflio looks healthy to you, or j need to shuffle / add/ remove something. Plz suggest

Ans: Evaluating Your Current Investment Portfolio

Your effort to save and invest is commendable. Saving for the future is crucial for financial stability and growth. Let's evaluate your current portfolio and provide suggestions for improvements.

Insurance Policies Assessment

Insurance is important for financial security. However, combining insurance with investment might not always be the best strategy. Your portfolio includes several life insurance policies with investment components. While these policies offer a mix of protection and savings, they often come with higher costs and lower returns compared to pure investment options.

SIP Investments Overview

Your SIP investments are diversified across different sectors. This diversification helps in spreading risk. However, the concentration in small-cap and sector-specific funds can lead to higher volatility.

Recommendation for Balanced Diversification

Consider adding more large-cap and multi-cap funds to your portfolio. These funds tend to be less volatile and can provide more stability. Balancing your portfolio with a mix of small-cap, mid-cap, and large-cap funds is advisable.

Infrastructure Funds Analysis

You have invested significantly in infrastructure funds. While these funds can offer good returns during economic growth, they can be cyclical and volatile. Reducing exposure to sector-specific funds and increasing investment in more diversified equity funds can provide better risk-adjusted returns.

Equity and Debt Fund Balance

You have a good mix of equity and debt through the equity and debt fund. This balance is essential for managing risk and ensuring steady returns. Maintaining a proportion of your portfolio in balanced funds can help in achieving long-term financial goals.

SIP Discipline

Your commitment to SIPs is impressive. Regular investments through SIPs help in averaging costs and reducing market timing risk. Continue with this disciplined approach for sustained growth.

Health Insurance Coverage

Health insurance is crucial for managing medical emergencies. It’s good that you have health insurance in place. Ensure that the coverage is adequate to meet potential healthcare costs.

Flexibility and Liquidity

Ensure that your investments offer some liquidity. While long-term investments are important, having access to funds for emergencies is equally crucial. Consider maintaining an emergency fund in liquid instruments.

Certified Financial Planner Advice

Consulting a Certified Financial Planner (CFP) can provide personalized advice tailored to your financial situation. A CFP can help you align your investments with your financial goals and risk tolerance.

Investment Goals and Time Horizon

Your investment choices should align with your financial goals and time horizon. For long-term goals, equity investments are suitable. For short-term goals, consider safer instruments like debt funds or fixed deposits.

Assessing the Overall Portfolio Health

Your portfolio has a strong foundation, but some adjustments can enhance its performance. Diversifying across different asset classes and reducing sector-specific exposure can improve risk management.

Surrendering Insurance Policies

Considering the higher costs and lower returns of your current insurance policies, it might be beneficial to surrender them. By doing this, you can reinvest the proceeds into mutual funds, which typically offer higher returns over the long term. This approach can optimize your investment returns while ensuring sufficient life insurance coverage through term insurance policies.

Summary of Recommendations

Diversify your SIP investments with large-cap and multi-cap funds.

Reduce exposure to sector-specific funds like infrastructure funds.

Maintain a balance between equity and debt investments.

Ensure liquidity for emergencies by keeping some investments in liquid instruments.

Surrender current insurance policies and reinvest in mutual funds.

Regularly review and adjust your portfolio based on market conditions and financial goals.

Consult a Certified Financial Planner (CFP) for personalized advice and ongoing financial planning support.

Continued Financial Education

Stay informed about financial markets and investment strategies. Continuous learning and adapting your portfolio will help in achieving financial success.

You have taken significant steps towards financial planning. Continue with your disciplined approach and make necessary adjustments. Your financial future looks promising with the right strategies.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
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.
Money

You may like to see similar questions and answers below

Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on May 12, 2021

Listen
Money
Nikunj

Nikunj Saraf  | Answer  |Ask -

Mutual Funds Expert - Answered on Nov 29, 2022

Listen
Money
Ramalingam

Ramalingam Kalirajan  |7290 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 30, 2024

Money
Hi sir ,I am 37 years now, my investments are like this 1,invested in hdfc pro growth ULIP plan for 10 years every year 25k and in another 2 years r remaining 2, hdfc sanchey plus 1 lakh per year for 10 years at 15 th year will get lump sum 18lakhs 3, hdfc sampoorna Niveah for 5 years each year 61k 4, lic Jeevan Lakshay for 18 years every month 5780 I pay at maturity I will get 24.7 lakhs in 2043 5, PPF every month 2k 6,mutual fund sip of 8k per month in a,Mirae asset tax saver lumsum had invested 10k now it is giving me 109% profit should I keep it or remove it b,sbi small cap fund -500/month C,Parag Parikh flexicap fund -1k/ month D,nippon India Pharma fund -500/month E,sbi nifty index -500/month F,Tata India consumer fund- 500/month G,axis multi asset allocation fund - 1000/month H,dsp natural resource lump sum 1k having 109 % returns I,quant infra fund direct -1k /month J,nippon indian small cap-1 k /month K,,sbi gold direct plan -1 k /month L,Motilal Oswal mid cap -1 k / month Plz suggest any changes and good investment plans
Ans: Enhancing Your Investment Strategy: Recommendations and Considerations
Your investment portfolio demonstrates a disciplined approach towards wealth creation and financial planning. Let's delve deeper into the various components of your portfolio and provide recommendations to optimize your investment strategy.

Fixed Income Investments:
Public Provident Fund (PPF):

Your monthly contribution of 2,000 rupees to PPF provides tax-efficient returns with a long-term investment horizon.
Continue investing to benefit from compounding growth and tax benefits over time.
Mutual Fund SIPs:
Equity Mutual Funds:

Your portfolio comprises a diversified mix of equity mutual funds, including Mirae Asset Tax Saver, SBI Small Cap, Parag Parikh FlexiCap, Nippon India Pharma, Tata India Consumer, Axis Multi Asset Allocation, and Motilal Oswal Mid Cap.
These funds offer the potential for wealth creation over the long term.
It's advisable to review the performance of each fund periodically and consider rebalancing based on market conditions and your risk tolerance.
Gold and Sectoral Funds:

You've allocated funds to sectoral funds like SBI Gold Direct Plan, DSP Natural Resource, Quant Infra Fund, and Nippon India Small Cap.
While sectoral funds and gold provide diversification benefits, they are subject to market volatility.
Monitor their performance regularly and adjust allocations accordingly to manage risk effectively.
Recommendations and Considerations:
Review ULIPs:

Surrendering existing insurance policies and reallocating the funds into mutual funds can be a strategic move to optimize your investment portfolio and potentially enhance long-term returns. Let's delve deeper into this approach and explore its benefits and considerations.

Analysis of Insurance Policies:
HDFC Pro Growth ULIP Plan:

Evaluate the ULIP's performance, charges, and insurance coverage.
Assess if the returns justify the associated costs and if the insurance coverage meets your needs.
HDFC Sanchay Plus:

Consider the opportunity cost of tying up funds for 15 years for a lump-sum payout.
Assess whether the returns align with your financial goals and if alternative investment avenues offer better growth potential.
HDFC Sampoorna Nivesh:

Review the performance and liquidity features of the plan.
Determine if the returns are competitive compared to other investment options and if the plan aligns with your risk profile.
LIC Jeevan Lakshay:

Evaluate the maturity benefits and compare them with alternative investment avenues.
Consider surrendering the policy if the returns are suboptimal or if better investment opportunities are available.
Benefits of Reallocating to Mutual Funds:
Enhanced Returns Potential:

Mutual funds, especially equity funds, have historically outperformed traditional insurance plans over the long term.
By reallocating funds, you may potentially benefit from higher returns and capital appreciation.
Greater Flexibility and Liquidity:

Mutual funds offer greater liquidity compared to insurance policies with lock-in periods.
You can access your funds as needed without penalties, providing flexibility in managing your financial goals.
Diversification and Risk Mitigation:

Mutual funds offer diversification across various asset classes and investment strategies.
Diversifying your portfolio reduces concentration risk and enhances overall risk-adjusted returns.
Considerations Before Surrendering Policies:
Surrender Charges and Penalties:

Evaluate the surrender charges and penalties associated with terminating insurance policies prematurely.
Compare the costs with the potential benefits of reallocating funds to mutual funds.
Insurance Needs and Coverage:

Assess your insurance needs and ensure adequate coverage for life, health, and other contingencies.
Consider retaining essential insurance policies while surrendering redundant or underperforming ones.
Recommended Action Plan:
Evaluate Surrender Value:

Obtain surrender values and assess the financial implications of surrendering each insurance policy.
Consider surrendering policies with high charges or low returns, prioritizing those that offer better growth potential elsewhere.
Reallocate Funds to Mutual Funds:

Identify suitable mutual funds based on your investment objectives, risk tolerance, and investment horizon.
Allocate surrendered funds to a well-diversified mutual fund portfolio across equity, debt, and other asset classes.
Regular Review and Monitoring:

Periodically review your mutual fund portfolio's performance and make adjustments as needed.
Consult with a Certified Financial Planner to ensure your investment strategy aligns with your financial goals and risk tolerance.

Surrendering insurance policies and reallocating funds to mutual funds can optimize your investment portfolio, potentially enhancing long-term returns and flexibility. By carefully evaluating your insurance needs, surrender charges, and investment opportunities, you can make informed decisions to achieve your financial objectives.
Optimize Mutual Fund Portfolio:

Regularly monitor the performance of equity and sectoral funds in your portfolio.
Consider consolidating or reallocating funds based on performance, risk, and investment objectives to maximize returns.
Asset Allocation:

Maintain a balanced asset allocation strategy across equity, debt, and alternative investments to mitigate risk and achieve long-term financial growth.
Diversification:

Ensure your portfolio is well-diversified across asset classes and investment avenues to minimize risk and maximize returns.
Regular Review:

Periodically review your investment portfolio with a Certified Financial Planner to make informed decisions and adapt to changing market dynamics and personal financial goals.
Conclusion:
By following these recommendations and considerations, you can optimize your investment portfolio, maximize returns, mitigate risks, and achieve your long-term financial objectives effectively.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Money
Ramalingam

Ramalingam Kalirajan  |7290 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 28, 2024

Asked by Anonymous - May 28, 2024Hindi
Listen
Money
I am 27 year old, have been earning money since 2017 but didn’t save any or used all the money. Now since a year I’ve started saving , my current portfolio/plan is 2286 : tata sampoorn life insurance 750000 (rop) 40 years 3180 : aditya birla capital guarantee solution pay 5 year stay invested 20 years 3000 : bajaj goal assure pay 20 y invest 20 y 2000 : tata fortune pro pay 5 invested 15 y Sips ::::::: 4000 : nippon small cap 2000 : quant small cap -G 2000 : hdfc infrastructure-G 2000 : icici pru infrastructure-G 2000 : icici pru bharat 22 fof-G 2000 : icici pru equity and debt - idcwy 1000 : kotak equity hybrid reg-G 1000 : quant focused -G Health insurance with no return. I can not stop the policy plans, can only change sips Does this portflio looks healthy to you, or j need to shuffle / add/ remove something. Plz suggest
Ans: Your commitment to saving and investing is commendable, especially after recognizing the need for financial planning. Let’s evaluate your portfolio and suggest improvements for a healthier financial future.

Current Portfolio Assessment
Insurance Policies
You have allocated significant funds to various insurance-cum-investment products. These plans often offer low returns compared to other investment options. However, since you cannot stop these policies, it's crucial to focus on optimizing your other investments.

SIP Investments
Your SIP investments are diversified across small cap, infrastructure, and hybrid funds. Small cap funds can provide high returns but come with higher risk. Infrastructure funds are sector-specific and can be volatile. A mix of equity and debt funds is good, but let's refine it further.

Diversification and Risk Management
Diversification is vital for risk management. While you have diversified across various funds, it's important to balance high-risk and low-risk investments. Ensure you have a mix of large cap, mid cap, and small cap funds. This will help in balancing the risk and returns.

High-Risk Investments
Small Cap Funds: These can yield high returns but are also risky. Limit exposure to these funds to manage risk.

Sector-Specific Funds: Infrastructure funds can be volatile. Consider reducing exposure to these funds and reallocating to more stable options.

Moderate-Risk Investments
Equity Hybrid Funds: These funds balance between equity and debt, providing moderate risk and returns. Increasing allocation to such funds can stabilize your portfolio.
Low-Risk Investments
Debt Funds: Adding debt funds can provide stability and reduce overall portfolio risk. They offer lower returns but are safer.
Regular vs. Direct Funds
Investing through a Certified Financial Planner can provide valuable guidance. Regular funds come with expert advice, helping you navigate market complexities. Direct funds might save on costs but lack professional guidance, which can be critical for long-term success.

Health Insurance
Your health insurance with no return is a prudent choice. It’s essential for financial protection against medical emergencies. Ensure the coverage is adequate for your needs.

Recommendations for Improvement
Rebalance SIP Investments

Reduce small cap and sector-specific fund exposure.

Increase allocation to equity hybrid funds for balanced growth.

Add debt funds for stability and risk reduction.

Emergency Fund

Ensure you have an emergency fund equivalent to six months of expenses. This should be in a liquid, low-risk investment.
Retirement Planning

Start a dedicated retirement fund if not already in place. This could be a mix of PPF, EPF, and equity funds.
Review and Adjust Regularly

Regularly review your portfolio to ensure it aligns with your financial goals and risk tolerance.

Make adjustments as needed with the guidance of a Certified Financial Planner.

Conclusion
Your initiative to save and invest is a great step towards financial security. By rebalancing your portfolio and managing risks, you can achieve a healthier financial future. Regular reviews and adjustments with professional guidance will ensure you stay on track.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Money
Latest Questions
Dr Nagarajan Jsk

Dr Nagarajan Jsk   |183 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.

...Read more

Career
Dr Nagarajan Jsk

Dr Nagarajan Jsk   |183 Answers  |Ask -

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

Asked by Anonymous - Aug 02, 2024Hindi
Listen
Career
Dr Nagarajan Jsk

Dr Nagarajan Jsk   |183 Answers  |Ask -

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

Asked by Anonymous - Dec 20, 2024Hindi
Listen
Career
Ramalingam

Ramalingam Kalirajan  |7290 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Dec 21, 2024

Asked by Anonymous - Dec 21, 2024Hindi
Money
Hi Sir, I follow your articles regularly and your detailed assessment is really awesome.I am 47yrs Male with wife, 20&18 years kids, elder one is in B.Tech and younger one is 12th. My wife is a home maker. Coming to financials. I have 4 houses including the one residing worth 10cr(total) and getting rental income of 70k per month, invested in stocks and MFs worth 60L, have foreign stocks of worth 1.7cr, accumulated pf around 1.3cr. I have farm lands worth 5cr. Have 1.2cr loan and salary of ~4L (net). current sips in equity 70k/month, have 5Cr term plan, health insurance for family 50L. How do I plan my retirement at 52-53years assuming 80 years life expectancy. Don't want to depend on kids and need regular income ~3-4L per month.
Ans: Asset Evaluation
Real Estate:
You own four houses worth Rs 10 crore, generating Rs 70,000 monthly rental income. This is a solid base for passive income. However, real estate can have fluctuating maintenance costs, tenant issues, and varying rental yields over time.

Stocks and Mutual Funds:
Your Rs 60 lakh investment in stocks and mutual funds is a commendable step. Active mutual funds offer professional fund management and can outperform index funds over time.

Foreign Stocks:
Your Rs 1.7 crore portfolio in foreign stocks adds geographical diversification. Monitor currency exchange fluctuations and global market trends.

Provident Fund (PF):
With Rs 1.3 crore in PF, this is a reliable retirement corpus. The fund provides fixed returns and tax benefits, adding stability.

Farm Lands:
Farm lands worth Rs 5 crore are an illiquid but valuable asset. They might not generate consistent income unless leased or developed.

Loans:
A loan liability of Rs 1.2 crore needs prioritised repayment. Focus on loans with higher interest rates first.

Insurance Coverage:
A Rs 5 crore term plan is robust. Your Rs 50 lakh health insurance is sufficient for unexpected medical emergencies.

Retirement Goals
You need Rs 3–4 lakh monthly for 27–28 years post-retirement.
The portfolio must generate steady, inflation-adjusted returns.
Action Plan for Retirement
Debt Management
Prepay High-Interest Loans:
Use a portion of your surplus income to prepay loans. This reduces interest outflow and increases your cash flow.

Avoid New Loans:
Focus on reducing existing liabilities instead of taking on new ones.

Portfolio Restructuring
Real Estate:
Retain essential properties. Sell underperforming or non-essential properties to reduce concentration in real estate. Invest proceeds in mutual funds or debt instruments for diversification.

Mutual Funds (MFs):
Increase SIPs in actively managed funds. They outperform direct funds due to guidance from Certified Financial Planners and MFDs. Regular funds offer better tracking and professional assistance.

Stocks:
Monitor direct equity investments closely. Consider reallocating underperforming stocks to mutual funds for better management.

Debt Instruments:
Invest in high-quality debt funds or fixed-income securities for stability. These instruments balance equity volatility and ensure steady returns.

SIP Strategy
Increase SIPs from Rs 70,000 to Rs 1 lakh/month.
Allocate 70% to equity funds for long-term growth.
Invest 30% in debt funds for stability and liquidity.
Emergency Fund
Maintain a 12-month expense reserve in liquid funds or fixed deposits.
This covers unexpected expenses without disturbing investments.
Income During Retirement
Systematic Withdrawal Plan (SWP)
Use SWPs in mutual funds to generate regular income.
Withdraw 6–8% annually from your mutual fund portfolio for a steady income stream.
Rental Income Optimisation
Review property rents regularly.
Invest part of rental income in equity or debt mutual funds for compounding.
Dividend Stocks
Retain high-dividend-yield stocks for regular income.
Reinvest surplus dividends for long-term growth.
Tax Efficiency
Equity Funds Taxation:
Long-term gains above Rs 1.25 lakh are taxed at 12.5%. Short-term gains are taxed at 20%.

Debt Funds Taxation:
Both short- and long-term gains are taxed per your income slab.

Real Estate Capital Gains:
Use exemptions under Sections 54 or 54F to save tax on property sales.

Inflation Protection
Allocate 60–70% of your portfolio to equity investments.

Equity provides inflation-adjusted returns over time.

Debt funds and fixed instruments safeguard against equity market volatility.

Estate Planning
Draft a will to allocate assets transparently among family members.
Use nomination and joint ownership to avoid legal complications.
Consider a family trust for farm lands to avoid disputes.
Periodic Review
Review your financial plan every six months.
Adjust investments based on market conditions, goals, and needs.
Consult a Certified Financial Planner regularly for updates.
Finally
A well-diversified portfolio ensures financial independence post-retirement. Focus on debt repayment, portfolio balance, and tax-efficient withdrawals. Your assets can comfortably generate Rs 3–4 lakh monthly income, adjusted for inflation.

Best Regards,
K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

Money
Kanchan

Kanchan Rai  |444 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Dec 21, 2024

Listen
Relationship
I am the eldest sibling in our families and aged 51. Normally, whenever anyone in the family has a problem - financial, mental, psychological, issue with people or anything else, they come up to discuss with me and share. Well, many would say I am lucky as people look up to me when they are in any kind of a problem. But that is not the case. Sadly no one is around with whom I can discuss or even think to share my issues, my problems. I do not have any friends. Sadly, yes, that is a fact and at my age, I dont expect that here we have a culture where we can get to making friends, at least the kind of friends with whom you can confide, share your feelings, problems. I tried and failed. Maybe because I am introvert or maybe I am too cautious. To make it more complicated, I dont work in the regular kind of job. I am a lone person who works as a freelance from home. This limits my outreach when it comes to interacting with real people. I have clients, business contacts, but I cannot get personal with them. It will never be a good choice. My wife is busy with her job + we do not have any relation beyond the daily matters related to household and it has been more than 10 years now that we live this way. Tried to sort out things with her but she just does not have time and interest (after all who wants to add on to tensions, stress). My daughter is after all my daughter - I cannot share these with her, and definitely at 10 she is too young to be one to discuss such stuff. I am not sure how far this issue can be fixed but I am hopeful to find some path here.
Ans: Dear Kevin,
Starting small can be helpful. Consider connecting with people through shared interests or hobbies, either online or in person, where the pressure to immediately open up is minimal. Online communities, local meetups, or volunteer activities can create low-stakes opportunities to connect with like-minded individuals. The goal isn’t to instantly find someone to confide in but to slowly build a sense of belonging and companionship.

Your relationship with your wife appears to be another significant source of emotional distance. While her lack of interest in deep conversations may seem like a barrier, it’s worth exploring other ways to reconnect—perhaps by spending time together in shared activities or revisiting moments that once brought you closer. Sometimes, relationships stuck in routines benefit from new experiences or even professional counseling to navigate the underlying dynamics.

Regarding your daughter, while it’s clear she cannot shoulder your emotional burdens, she can still be a source of joy and connection. Investing time in activities with her can provide a sense of fulfillment and grounding that counters loneliness.

Above all, remember that reaching out for professional support, such as therapy, is not a sign of weakness but an act of self-care. A therapist can provide a safe space to express your feelings and help you develop strategies to foster deeper connections and manage emotional isolation.

You deserve to feel supported and connected, and even if the journey to finding that seems long, every step you take toward opening up or seeking out others is a move toward a more fulfilling and less lonely existence.

...Read more

Relationship
T S Khurana

T S Khurana   |260 Answers  |Ask -

Tax Expert - Answered on Dec 21, 2024

Asked by Anonymous - Nov 22, 2024Hindi
Listen
Money
T S Khurana

T S Khurana   |260 Answers  |Ask -

Tax Expert - Answered on Dec 21, 2024

Listen
Money
T S Khurana

T S Khurana   |260 Answers  |Ask -

Tax Expert - Answered on Dec 21, 2024

Asked by Anonymous - Dec 19, 2024Hindi
Listen
Money
T S Khurana

T S Khurana   |260 Answers  |Ask -

Tax Expert - Answered on Dec 21, 2024

Asked by Anonymous - Dec 21, 2024Hindi
Listen
Money
Ramalingam

Ramalingam Kalirajan  |7290 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Dec 21, 2024

Listen
Money
Top4 sips with 15k amount suggest me
Ans: Here’s an updated strategy for your Rs. 15,000 SIP allocation, replacing the sectoral/thematic fund with a small-cap fund for better long-term growth potential.

Suggested SIP Allocation (Rs. 15,000)
Large-Cap Fund

Allocation: Rs. 4,000/month
Objective: Stability and steady growth by investing in India’s top 100 companies.
Why Choose: Provides consistent returns and low volatility in your portfolio.
Flexi-Cap Fund

Allocation: Rs. 4,000/month
Objective: Diversified exposure across large, mid, and small-cap stocks.
Why Choose: Offers balanced risk and returns with flexibility during market cycles.
Mid-Cap Fund

Allocation: Rs. 3,500/month
Objective: Tap into the growth potential of medium-sized companies.
Why Choose: Higher returns with manageable risk compared to small caps.
Small-Cap Fund

Allocation: Rs. 3,500/month
Objective: Focus on fast-growing small-cap companies.
Why Choose: High-growth potential over the long term, though with higher volatility.
Why Include Small-Cap Funds?
Long-Term Growth: Small-cap companies have immense potential to grow significantly over time.
Diversification: Adds exposure to an underrepresented segment, complementing large and mid-caps.
High Returns: Potential for higher returns compared to other categories, albeit with higher risk.
Key Considerations
Investment Horizon: Stay invested for at least 7-10 years to mitigate short-term volatility.
Active Fund Management: Avoid direct or index funds to leverage professional expertise.
Regular Monitoring: Review fund performance periodically with a Certified Financial Planner.
Tax Implications
Equity Funds:
LTCG above Rs. 1.25 lakh/year taxed at 12.5%.
STCG (held less than 1 year) taxed at 20%.
Final Insights
This updated allocation ensures a mix of stability, moderate risk, and high growth. With consistent SIPs and periodic reviews, you can achieve robust wealth creation over the long term. A Certified Financial Planner can assist in optimising your investment strategy.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

Money
See more questions »
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.
© 2024 Rediff.com - Disclaimer - Privacy - Terms of use - Grievances - Feedback

Close  

You haven't logged in yet. To ask a question, Please Log in below
Login

A verification OTP will be sent to this
Mobile Number / Email

Enter OTP
A 6 digit code has been sent to

Resend OTP in120seconds

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus
Sign up

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

Enter OTP
A 6 digit code has been sent to Mobile

Resend OTP in120seconds

x