I am 29 years old and currently investing 25,000 through SIP in below funds. Total corpus invested until now through various MFs is Rs 546,000 with a current value of Rs 648,000. How do I calculate yearly returns to check if it is beating inflation and benchmarks?

1. UTI Nifty Index Fund (Growth) - 2,500

2. HDFC Corporate Bond (Growth) Debt - 5,000 (started recently, just 1 month ago)

3. Axis Growth Opportunity Fund (Growth) Equity Large & Mid Cap - 5,000

4. SBI Small Cap (Growth) - 4,000

5. Mirae Asset Tax Saver (Growth) - 6,000 (was 8,500 until March 2022, stepped down to remain within 80C limit including PF)

6. Mirae Asset Emerging Bluechip Fund (Growth) - 2,500

Ans: Dear

I am sorry to hear that you are going through a tough time. Nonetheless there is a way to handle this.

If you have ethics helpline use that, these are supposed to be anonymous and managed by third party who are independent company.

You can also approach the complaints committee but before escalating to the committee please talk to your managers manager along with the HR and take them in confidence.

Maintain your calm, structure your conversation on issues and backed with evidence (what was said when) and most important of all avoid personal attacks or name calling.

Hope this helps. All the best.

Warm Regards
KK

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Ans: Dear

One of the unwritten rules of working is people work for people and not merely for the company.

While people hired by company to achieve certain objective, none the less we all work with our colleagues day in and day out.

We are both social and emotional beings. Social and Emotional connect nourishes our life and also sabotages it.

So my suggestion would be maintain good cordian professional relationship, you don't have to make friends for there is a difference between friend and a professional associate.

Be polite, cordial and have a good relationship.

Good relationship grows with communication and time invested so do go out on lunches and dinners, socialize and be your own self.

All the best.

Best Regards
KK

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Ans: Dear Anonymous,
I understand your concerns. You don't have to directly confront him about sharing too many personal details or asking you questions, nor do you need to create distance. The sweet spot is to build a gentle boundary. For instance, when he asks you something personal, instead of avoiding the question, just answer vaguely, like, "yes, things are going good" or "Nothing major. You know, routine married life stuff." This way, he will soon lose interest. And when he shares personal information with you, you can simply listen without offering any advice or asking follow-up questions. The conversation will die down on its own. This way, he will neither feel like you are avoiding a conversation with him nor believe that you are encouraging him to get up close and personal with you.

Most importantly, do not hide this friendship from your wife. It's okay. Friends do share things with each other at times and sometimes one person might feel burdened with too many information after a while. These are natural courses of a friendship. The important thing is that you are being considerate of your marriage and want to create a boundary. You can do that without being misunderstood or losing a friend.

Hope this helps.

Ans: At age 28, taking term insurance can be considered, especially if your son has started earning and has financial responsibilities.

However, the policy should ideally be taken by your son himself. The need depends on his income, liabilities and dependants.

– If he has a home loan or other liabilities, adequate cover becomes more important.

– If parents, spouse or children depend on his income, insurance becomes even more relevant.

– If he is unmarried and has no financial dependants, the immediate need may be lower, but taking cover at a younger age can still be cost-effective.

» How much cover?

Do not decide the cover only based on his age.

Consider:

– Current annual income.

– Existing loans and liabilities.

– Financial support required by dependants.

– Future family responsibilities.

– Existing life insurance, if any.

A broad starting point can be around 10–15 times annual income, but the final cover should be based on his actual financial situation.

» Who should pay the premium?

Ideally, your son should own the policy and pay the premium.

This keeps the policy connected with his income and financial responsibilities.

You can certainly help him with the premium if required.

» Which policy?

I would not suggest a particular insurance company or policy without knowing his income, liabilities, health, smoking status and existing insurance.

Instead, compare established insurers on:

– Claim settlement record.

– Solvency and financial strength.

– Policy exclusions and conditions.

– Premium for the required tenure.

– Claim servicing quality.

Avoid buying an insurance policy merely because somebody promises investment returns or other benefits along with the insurance.

For a pure protection requirement, a simple term insurance policy is generally easier to understand.

» Final Insights

At 28, your son has a good opportunity to put proper protection in place before his financial responsibilities increase.

The important point is to decide the required cover first and then compare suitable policies.

Best Regards,

K. Ramalingam, MBA, CFP,
AMFI-Registered MFD – ARN 4188
www.holisticinvestment.in

https://www.linkedin.com/in/ramalingamcfp/

Ans: Upasana, NO, IITs will not accept this combination. The official JEE Advanced Admission Criteria explicitly state that split marksheets from two different boards are not permitted; all qualifying subjects must come from the same board. To be eligible for IITs and NITs through JoSAA, you must give all 5 subjects completely via NIOS or a single board. Keep 5–6 backup options by applying to other entrance exams and colleges that accept PCB students and/or allow eligibility through combined marksheets, rather than depending entirely on JEE. All The Best for Your Prosperous Future!

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Ans: With B.Com + CA-Inter, there are good opportunities in India in audit, taxation, financial reporting, FP&A, internal audit and finance/shared-services roles. For overseas opportunities, it is better to focus on completing CA first. UAE can be a good starting option, while Singapore offers opportunities with MNCs; the UK, Canada and Australia can also be explored based on qualification and work-visa requirements. The ideal strategy would be to complete CA, gain 2–3 years of relevant experience with a Big 4 firm or reputed company, and then explore overseas opportunities through ICAI, LinkedIn, company career pages and internal transfers within MNCs. After CA, he can consider ACCA for international accounting, CFA for investment/finance roles, US CPA for US-focused accounting/MNCs, or shorter courses in IFRS, Advanced Excel, Power BI and SAP, depending on his career goals. If CA Final gets delayed, he can take up a suitable private-sector role in audit, taxation or financial analysis while continuing CA. ACCA, CMA or CS can also be considered after checking exemptions. If he prefers government employment, exams such as SSC CGL/AAO and RBI Grade B can be explored. Maintaining an active LinkedIn profile and setting relevant job alerts will also help him understand current hiring trends, skill requirements and opportunities and make informed short- and long-term career decisions. All The Best for Your Son's Prosperous Future!

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Ans: Dear Amey

Thanks for reaching out.

My suggestion would be

- take up freelance jobs through online portal
- participate in hackathons
- contribute in GitHub kind of portals.

Use AI tools through LinkedIn to enhance your job search and shortlisting.

Hope this helps.

All the best.

Warm Regards
KK

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Ans: Dear Anonymous,
I am sorry that you put your trust in someone and they failed you. As unfortunate as it is, this happens more often than we can imagine. Going forward, I would like you to be extremely careful about sharing your sensitive information with friends and family, no matter how close they are. I am not saying they are discussing the matter with others because they wanted to gossip about it; it might have stemmed from a place of concern but still doing so without your permission is unacceptable. If you are comfortable with it, it is completely reasonable to confront them and establish a boundary about what can be shared and what can't be. Have a polite and respectful conversation, but be strict about the part where they did not take your consent before sharing your personal information.

Hope this helps.

Ans: Dear Partha,
I am not sure how old you are but everyone finds love in their own timeline. If you look at others and compare your love life, you are bound to be left feeling sorry for yourself. But the point is not to have at least one girl friend; the point is to find the right person and I am sure you will find her at the right time. I know it's easier said than done, but trust me, finding the right person, even if it's late, is much better than finding 10 wrong people.

Hope this helps.