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Ramalingam Kalirajan |7290 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Apr 13, 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

Question by Yathish on Apr 13, 2024Hindi

Money

Hi I am 28 year old I want financial advice I have 2 lakhs of emergency fund, apart from this which is kept in FD, I WANT & planning to invest 10k per month in M.F I am concidering to invest ?6350 in 6 large cap funds, ?2,625 in 5 midcap funds, ?525 in 3 smallcap funds, 1000 in 1 flexicap funds Is this correct way for diversification or I should just invest in only 1 or 2 stocks in each sections apart from above mentioned 15 MF? & Are there any financial advisor in Bengaluru who could suggest me with some ideas for my present stock portfolio which I need to trim?

Ans: You're off to a good start with your financial planning! Let's discuss your proposed investment strategy and address your questions.

Diversification Strategy:
Your plan to diversify across large-cap, mid-cap, small-cap, and flexi-cap funds is a good approach. Diversification helps in spreading the risk and capturing growth opportunities across different market segments.

However, investing in 15 mutual funds might be a bit too diversified, which can sometimes dilute returns and make portfolio management complex. Consider consolidating your portfolio to fewer funds while still maintaining diversification.

Alternative Strategy:

Large Cap: Consider investing in 2-3 large-cap funds for stability and consistent returns.
Mid Cap: 1-2 mid-cap funds can offer higher growth potential.
Small Cap: Similarly, 1-2 small-cap funds for higher growth but higher risk.
Flexi Cap: 1-2 flexi-cap funds can provide flexibility across market caps.
Considerations:

Expense Ratio: Keep an eye on the expense ratios. Lower expense ratios can significantly impact your returns over the long term.
Fund Performance: Regularly review the performance of your funds and consider replacing underperforming ones.
Market Conditions: Market conditions can influence the performance of different segments. Keep yourself updated with market trends and adjust your portfolio accordingly.

Financial Advisor Selection:
Please search for "online financial planning & Retirement planning services with a Holistic Approach" in Google and then follow the below steps with the results.

Research: Start by researching reputable brokerage firms that offer mutual fund advisory services. Look for firms with a strong track record, experienced financial advisors, and a range of services tailored to your needs.

Consultation: Schedule a consultation with the brokerage firm to discuss your financial goals, risk tolerance, investment preferences, and other relevant factors. This initial meeting will help the advisor understand your needs and recommend suitable investment strategies.

Advisory Services: Once you've selected a brokerage firm, the advisor will work with you to develop a personalized mutual fund investment plan. They will recommend specific funds based on your financial objectives and provide ongoing guidance to help you navigate the market.

Regular Reviews: Schedule periodic reviews with your advisor to assess the performance of your mutual fund investments, review changes in your financial situation, and make any necessary adjustments to your investment strategy.

By following these steps, you can access the expertise of professional brokerages to assist you in financial planning and investment management.

Stock Portfolio Trimming:
A financial advisor can provide personalized advice on trimming your stock portfolio based on your financial goals, risk tolerance, and market conditions. They can help you identify which stocks to hold, sell, or add based on fundamental and technical analysis.

In conclusion, while your diversification strategy is commendable, consider consolidating your mutual fund portfolio for simplicity and better management. Consult a financial advisor for personalized advice tailored to your financial goals and situation.

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 Kalirajan |7290 Answers |Ask -Follow

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

Asked by Anonymous - Apr 12, 2024Hindi

Money

Hi Our(mine and wife's) networth is 34L. Wife is 28 and I am 30. We have invested in physical Gold 50gms, stocks 12lac getting approx 15 - 25% returns p.a rebalancing once or twice a year and mirea asset large and midcap 1.3lac, quant less 64k, sbielss, zerodha less, mirae less each 21k and Nippon small cap 8k. We need to achieve our target of 7 cr at my age of 40. We planned to invest 1l per month 25k in gold, 20k in stocks, 10k Rd , 25k into our account were we will get 7.5%p.a in sb account, elss 12k and 8k for bonds. Is it a good way of diversification... We will use the money accumulated in our account to buy stocks incase of COVID like event when stocks were utter cheap. We have 5l as emergency fund and both parents and us are having medical insurance... I am learning about term insurance have to take one. Apart from this I am paying 11k as car emi. We are not planning to buy a home now. Or in near future. We are building a strict portfolio. Kindly help.

Ans: It sounds like you and your wife have a well-thought-out plan for your financial future! Let's break down your current situation and investment strategy, and see if there are any areas for optimization:

Current Financial Snapshot:
Net Worth: ?34 Lakhs
Investments:
Physical Gold: 50 grams
Stocks: ?12 Lakhs (with annual returns of 15-25%)
Mutual Funds:
Mirae Asset Large and Midcap: ?1.3 Lakhs
Quant: ?64,000
SBI, Zerodha, Mirae, and Nippon Funds: Various amounts
Investment Strategy:
Monthly Investments:

?25,000 in Gold
?20,000 in Stocks
?10,000 in RD
?25,000 in Savings Account (earning 7.5% p.a.)
?12,000 in ELSS
?8,000 in Bonds
Emergency Fund: ?5 Lakhs

Insurance: Medical insurance for both, planning for term insurance

Liabilities: Car EMI of ?11,000

Property Plans: No immediate plans to buy a home

Suggestions for Optimization:
Asset Allocation:

Your asset allocation seems reasonable, with a mix of physical assets (gold), equity (stocks and mutual funds), and fixed income (RD, savings account, bonds). Ensure it aligns with your risk tolerance and long-term goals.
Stock Portfolio:

Continue with your disciplined approach to investing in stocks. However, consider diversifying further by adding exposure to different sectors or market caps to reduce risk.
Mutual Fund Selection:

Review the performance of your existing mutual funds periodically. Consider consolidating your investments into a few high-performing funds to simplify management.
Emergency Fund:

Ensure your emergency fund covers at least 6-12 months of expenses. If not, consider increasing it before allocating more funds to investments.
Insurance:

Prioritize getting term insurance to provide financial protection for your family in case of unforeseen events. Aim for coverage that adequately meets your family's needs.
Liabilities:

Evaluate the cost of your car EMI relative to your overall financial goals. If possible, consider paying off the loan early to reduce interest payments.
Future Planning:

As you're not planning to buy a home in the near future, continue focusing on building your investment portfolio and increasing your net worth.
Final Thoughts:
Your investment strategy shows discipline and a clear focus on long-term wealth accumulation. With careful monitoring and periodic adjustments, you're well on your way to achieving your target of ?7 crores by age 40. Keep reviewing your plan regularly and consult with a financial advisor if needed to ensure you stay on track to meet your financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Ramalingam Kalirajan |7290 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Asked by Anonymous - Apr 14, 2024Hindi

Money

Sir I m 34 years old i m investing 15k in 4k in small cap,4k in midcap,and 7 k icicimid cap funds 'i hav around 10laks in fd and 5lakh in gold bonds and lic around 17k monthly i need to invest for my daughters studies and marriage and my retirement can u tell me how to diversify my investment.

Ans: it's commendable that you're thinking ahead and planning for your financial future as well as your daughter's. Let's explore how to diversify your investments to achieve your goals:

• Firstly, your investments in small-cap, mid-cap, and ICICI mid-cap funds offer growth potential over the long term.
• These equity funds can help build wealth for your daughter's education and marriage, as well as your retirement.

• Consider diversifying into other asset classes like debt instruments and real estate investment trusts (REITs).
• Debt instruments such as fixed deposits and bonds provide stability and regular income, while REITs offer exposure to the real estate market.

• Since you already have substantial investments in FDs and gold bonds, ensure they align with your overall investment strategy.
• Review their performance and consider rebalancing or reallocating funds if necessary.

• Explore investment options specifically tailored for your daughter's education and marriage, such as education-focused mutual funds or targeted savings plans.
• These instruments offer tax benefits and provide a dedicated corpus for her future needs.

• For your retirement planning, consider contributing to retirement-focused instruments like the National Pension Scheme (NPS) or voluntary provident fund (VPF).
• These investments offer tax benefits and provide a steady income stream during retirement.

• Consult with a Certified Financial Planner to create a customized investment plan based on your financial goals, risk tolerance, and time horizon.
• They can help you identify the right mix of investments to achieve your objectives while optimizing returns and minimizing risk.

• Remember to regularly review and adjust your investment portfolio as your financial situation and goals evolve.
• Stay disciplined with your savings and investments, and keep focused on building a secure financial future for yourself and your family.

By diversifying your investments across different asset classes and aligning them with your specific financial goals, you can create a well-rounded investment portfolio that supports your long-term objectives. Keep up the good work!

Ramalingam Kalirajan |7290 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Jun 25, 2024

Asked by Anonymous - Jun 11, 2024Hindi

Money

Hi, my age is 35 and currently i am investing 50000 in following four funds. 1. Uti nifty 50 index ->15k 2.parag parikh flexi->15k. 3. Tata small cap->10k. 4. Kotak Opportunities large & midcap fund-->10k. Any suggestions on diversification or allocation? Also can you please suggest if i need to add multi cap , mid cap or any internation mf?

Ans: It’s fantastic that you’re proactively investing and seeking advice on your portfolio. At 35, you’re in a great position to build wealth for the future. Your current investment of Rs 50,000 per month across four mutual funds shows a good start, but there’s room for fine-tuning. Let’s explore your portfolio, discuss diversification, and consider adding other funds to achieve your financial goals.

Evaluating Your Current Portfolio
Let’s first assess the funds you’re currently investing in:

UTI Nifty 50 Index Fund (Rs 15,000)

Nature: This is an index fund that replicates the Nifty 50 index.
Advantages: Offers low-cost exposure to the top 50 companies in India.
Disadvantages: Limited to market returns, lacks flexibility in management.
Parag Parikh Flexi Cap Fund (Rs 15,000)

Nature: This is a flexi-cap fund, investing across market capitalizations and geographies.
Advantages: Provides diversified exposure, including international stocks.
Disadvantages: Can be volatile due to exposure to multiple markets.
Tata Small Cap Fund (Rs 10,000)

Nature: Focuses on small-cap companies with high growth potential.
Advantages: Can provide high returns in the long term.
Disadvantages: Higher risk and volatility compared to large-cap or diversified funds.
Kotak Opportunities Large & Mid Cap Fund (Rs 10,000)

Nature: Invests in both large-cap and mid-cap stocks, aiming for growth.
Advantages: Balances growth potential with stability.
Disadvantages: Mid-caps can add to volatility, though less than small-caps.
Assessing Your Portfolio’s Diversification
Diversification is key to managing risk and achieving balanced growth. Let’s evaluate how diversified your portfolio is:

Equity Exposure: Your current investments are all in equity funds, which is good for growth but can be volatile.

Market Capitalization: You have exposure to large-cap (index and opportunities fund), mid-cap (opportunities fund), and small-cap (Tata Small Cap). This is a good spread across different market capitalizations.

Geographical Diversification: The Parag Parikh Flexi Cap Fund provides some international exposure, which is beneficial for risk management and tapping into global growth.

Suggestions for Improved Diversification
To further enhance your portfolio, consider these suggestions:

1. Increase Diversification with Multi-Cap Funds
Multi-cap funds invest across large, mid, and small-cap stocks. They offer flexibility and balanced exposure to all market segments.

Why Add Multi-Cap Funds? They adapt to market conditions and offer a mix of stability and growth.
Allocation Suggestion: Consider allocating part of your investments to a multi-cap fund to enhance diversification.
Potential Change: You could redirect some of your investment from the UTI Nifty 50 Index Fund to a multi-cap fund. This way, you get managed exposure across various market caps.

2. Consider Adding a Mid-Cap Fund
Mid-cap funds invest in companies that are between large-cap and small-cap in terms of market size.

Why Add Mid-Cap Funds? They offer higher growth potential than large-caps with less risk than small-caps.
Allocation Suggestion: Adding a mid-cap fund could balance the high-risk, high-reward nature of small-cap funds with the stability of large-caps.
Potential Change: You might allocate Rs 10,000 from your current investments to a dedicated mid-cap fund. This complements your large-cap and small-cap exposure.

3. Review the Need for an International Fund
While Parag Parikh Flexi Cap provides some international exposure, a dedicated international fund could give more focused global diversification.

Why Add an International Fund? It provides direct exposure to global markets and currencies, diversifying risks associated with the Indian market.
Allocation Suggestion: Consider a small portion, like Rs 5,000, into a dedicated international fund for greater global exposure.
Potential Change: You could adjust your investment in the Parag Parikh Flexi Cap Fund and add a small allocation to a dedicated international equity fund.

4. Reduce Concentration in Index Funds
Index funds like the UTI Nifty 50 track market indices. While they are stable, they only match market returns and lack active management benefits.

Why Reduce Index Fund Allocation? Actively managed funds can outperform and adjust to market conditions.
Allocation Suggestion: Decrease investment in the UTI Nifty 50 Index Fund and redistribute to more actively managed funds.
Potential Change: Shift part of the Rs 15,000 from the UTI Nifty 50 to funds with active management and growth potential, like multi-cap or mid-cap funds.

Risk Management and Stability
Ensuring your portfolio aligns with your risk tolerance and financial goals is crucial. Here’s how you can manage risks effectively:

1. Balance Growth with Stability
Your portfolio should aim for growth but also maintain some stability to buffer against market volatility.

Growth Funds: Focus on funds that offer high growth potential like small-cap and mid-cap funds.
Stable Funds: Include funds that provide stability, such as large-cap funds or balanced funds.
Why This Balance Matters: It helps in achieving high returns while protecting against significant losses.

2. Monitor and Rebalance Regularly
Regular monitoring and rebalancing of your portfolio are essential to stay on track.

Why Monitor? Ensure that your investments align with your goals and risk tolerance.
When to Rebalance? Adjust your portfolio annually or when there are significant market changes.
How This Helps: It keeps your portfolio aligned with your financial goals and market conditions.

Managing SIPs and Lump Sum Investments
Since you are committing to regular SIPs, let’s ensure they align well with your strategy and goals.

1. Continue with SIPs for Consistency
SIPs offer a disciplined approach to investing, helping to average out costs over time.

Why Continue SIPs? They build wealth steadily and manage market volatility through regular investments.
Monthly Commitment: Your Rs 50,000 monthly SIP is a strong foundation for long-term growth.
Benefits: SIPs help in mitigating the impact of market volatility and averaging out the purchase cost of mutual fund units.

2. Consider Lump Sum Investments During Market Corrections
Lump sum investments during market dips can be advantageous.

Why Lump Sum During Dips? Markets offer buying opportunities at lower prices during corrections.
How to Implement: Keep some funds aside to invest during significant market downturns.
Why This Strategy Works: It allows you to take advantage of lower market valuations, potentially boosting returns.

Aligning with Financial Goals
Your investments should align with both your long-term and short-term financial goals.

1. Define Your Financial Goals
Clearly define your short-term and long-term financial objectives.

Short-Term Goals: Emergencies, travel, or large purchases in the next 2-5 years.
Long-Term Goals: Retirement, children’s education, or wealth building over 10-20 years.
Why Goal Definition is Key: It helps in choosing the right funds and setting the appropriate investment horizon.

2. Match Funds with Goals
Choose funds that align with your risk tolerance and investment horizon for each goal.

Short-Term Investments: Consider debt or balanced funds for short-term goals to reduce risk.
Long-Term Investments: Continue with equity funds for long-term goals for higher growth potential.
Why This Alignment Matters: Different goals require different investment strategies to manage risk and returns effectively.

Final Insights
You’re on a commendable journey towards building wealth with a well-thought-out SIP strategy. Here’s a quick summary and additional insights to fine-tune your portfolio:

Diversification is Crucial: Ensure your investments spread across different types of funds for balanced growth and risk management.

Consider Adding Multi-Cap and Mid-Cap Funds: These funds offer flexibility and growth potential, balancing your current portfolio.

International Exposure: Increase your global market exposure with a dedicated international fund for added diversification.

Rebalance Regularly: Keep an eye on your portfolio’s performance and rebalance annually to stay aligned with your goals.

Maintain SIPs and Use Lump Sums Wisely: Continue with your SIPs for disciplined investing and consider lump sums during market corrections.

Align with Financial Goals: Match your investments with your specific financial goals to manage risk and optimize returns.

Investing is a journey that requires patience, discipline, and a strategy tailored to your unique needs and goals. Keep up the great work, and you’re sure to achieve your financial aspirations.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Latest Questions

Dr Nagarajan Jsk |183 Answers |Ask -Follow

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.

Dr Nagarajan Jsk |183 Answers |Ask -Follow

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

Asked by Anonymous - Aug 02, 2024Hindi

Career

I’m mbbs final year student from Kathmandu university want pg medicine from UAE

Ans: You have provided very limited information. I understand that you are a student from Kathmandu University and wish to pursue higher education in medicine in the UAE. To provide a more accurate response, I need the following details:

What is your nationality? (Based on your nationality, I can check the relevant requirements from the health department regarding courses and internships).

Dr Nagarajan Jsk |183 Answers |Ask -Follow

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

Asked by Anonymous - Dec 20, 2024Hindi

Career

Sir my son has 92 percentile in cat 2024..what are his scopes of admission.

Ans: Hi Sir,
You have provided very limited information to obtain the details. However, the percentile of the candidate will not solely determine the admission process. Other factors are also involved, including:

- Course
- Institution
- Caste
- Creamy layer
- Gender

But, there may be possibilities for admission to the following IIMs: IIM Visakhapatnam, Udaipur, Bodhgaya, Shillong, and Rohtak.

Ramalingam Kalirajan |7290 Answers |Ask -Follow

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

Kanchan Rai |444 Answers |Ask -Follow

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

Question by Kevin - Dec 19, 2024Hindi

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.

T S Khurana |260 Answers |Ask -Follow

Tax Expert - Answered on Dec 21, 2024

Asked by Anonymous - Nov 22, 2024Hindi

Money

My Question is for New Tax Regime for Financial Year 2024 – 25. Total gross Income is Rs.9 lakhs and along with that income from share / stock trading i.e short term gains of Rs. 1 lakh. Could you please help me advise if what would be the tax liability?

Ans: 01. Considering your Income of Rs.9.00 lakhs as business income & Rs.1.00 lakh as STCG on securities, without any tax savings, your tax liability would be around Rs.62,400.00 in New tax regime. If we opt for the old tax regime, your tax liability would be much more than this.
Most welcome for any further clarifications. Thanks.

T S Khurana |260 Answers |Ask -Follow

Tax Expert - Answered on Dec 21, 2024

Question by SA - Nov 11, 2024Hindi

Money

I got a residential property through will from my mother,,property is 30 years old and i am planning to sell it, in that case i am going to get Rs 165lacks,, what will be the tax implication and how to avoid the same kindly advise i am 55 years old married man with a daughter

Ans: 01. In this case, you would be subjected to LTCG (Long Term Capital Gain) tax.
02. To work out LTCG, you should reduce its Cost from the Sale proceeds (Rs.165.00 lakhs).
of property, which was costed to your mother.
03. However, following details may help you to assess your tax liability.
Under present provisions of Income Tax Act, you may opt any of the options (Long Term
Capital Gains), as under :
(a). Tax Rate 12.50% without indexation or
(b). Tax Rate of 20% with Indexation.
04. You may calculate your tax liability under both options & may opt for the tax regime, where tax liability is minimum.
05. To avoid tax, you may invest in purchase of some house property. Exemption available would be minimum of Cost of new house property or the LTCG, which ever is less.
06. You have the option to purchase Capital Gain Bonds of NHAI etc., for tax saving.
07. Most welcome for any further clarifications. Thanks.

T S Khurana |260 Answers |Ask -Follow

Tax Expert - Answered on Dec 21, 2024

Asked by Anonymous - Dec 19, 2024Hindi

Money

Hello Sir, I worked in a Pvt Ltd company from 2006 to 2011, and they had their own PF trust. The company was later sold off to another firm. I still haven't withdrawn the my PF amount. How will i be able to do that. I have the PF number and ESP number. Since this was before 2011 , my UAN is not linked to this account. How will i be able to retrieve my PF amount that is still stuck here.

Ans: Kindly keep in touch with your previous employer (present owner of the company), in this connection. There should not be any problem in getting your PF amount, except certain formalities/ forms to be submitted.
Most welcome for any further clarifications. Thanks.

T S Khurana |260 Answers |Ask -Follow

Tax Expert - Answered on Dec 21, 2024

Asked by Anonymous - Dec 21, 2024Hindi

Money

Dear Guru. I have inherited a property in Mumbai from my deceased father which was purchased in 1983 by him. If today i sell the property which is worth 2.60 Crs whats my capital gains tax and how will it be calculated

Ans: 01. In absence of exact figures, it is not possible to calculate your Capital Gains Tax. However, following details may help you to assess your tax liability.
02. Under present provisions of Income Tax Act, you may opt any of the options (Long Term
Capital Gains), as under :
(a). Tax Rate 12.50% without indexation or
(b). Tax Rate of 20% with Indexation.
03. You may calculate your tax liability under both options & may opt for the tax regime, where tax liability is minimum.
04. Most welcome for any further clarifications. Thanks.

Ramalingam Kalirajan |7290 Answers |Ask -Follow

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

Question by Anil - Dec 20, 2024Hindi

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

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.

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