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Ramalingam Kalirajan |7290 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Jun 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

Asked by Anonymous - Jun 12, 2024Hindi

Money

I am 29. I am investing 10k in ICICI pru Flexi cap, 5k in Parag Parikh Flexi cap, 5k in Nippon India Small Cap, 5k in SBI Nifty Midcap 150 Index fund, 2.5k in Quant Midcap, 2.5k in Nippon Multi cap. Will this be good for a long term investment? Say around 20 years.

Ans: Evaluating Your Investment Portfolio for Long-Term Growth

Firstly, I appreciate your proactive approach towards investing at a young age. At 29, you have a significant time horizon to build a robust portfolio for long-term growth. Your current investments reflect a diversified approach, which is essential for managing risk and maximizing returns.

Let's dive into an in-depth evaluation of your investment choices and see how they align with your 20-year investment horizon.

Portfolio Breakdown
ICICI Prudential Flexi Cap Fund: Investing Rs 10,000 per month in this fund shows your inclination towards diversified equity exposure. Flexi cap funds are versatile as they invest across large-cap, mid-cap, and small-cap stocks, allowing the fund manager flexibility to capitalize on market opportunities.

Parag Parikh Flexi Cap Fund: Allocating Rs 5,000 per month here adds another layer of diversification. This fund is known for its prudent stock-picking and global exposure, which can hedge against domestic market volatility.

Nippon India Small Cap Fund: With Rs 5,000 per month in this fund, you are targeting high growth potential. Small cap funds can deliver significant returns over the long term, but they come with higher risk and volatility.

SBI Nifty Midcap 150 Index Fund: Investing Rs 5,000 per month in this index fund exposes you to the mid-cap segment. While index funds are generally low-cost, it's crucial to balance them with actively managed funds for optimized performance, especially over a long-term horizon.

Quant Midcap Fund: Allocating Rs 2,500 per month here focuses on the mid-cap segment, providing growth potential with manageable risk. Actively managed mid-cap funds can often outperform their index counterparts through strategic stock selection.

Nippon Multi Cap Fund: Investing Rs 2,500 per month in this fund adds further diversification. Multi-cap funds invest across all market capitalizations, balancing risk and return effectively.

Analytical Review of Your Investment Choices
Diversification: Your portfolio is well-diversified across different market capitalizations and fund types. This helps spread risk and captures growth from various segments of the market.

Flexi Cap Funds: Both ICICI Prudential Flexi Cap and Parag Parikh Flexi Cap funds offer broad diversification. They provide the fund manager with the flexibility to switch between different market caps based on market conditions.

Small and Mid Cap Exposure: Your investment in Nippon India Small Cap and Quant Midcap funds targets the potential for higher returns. However, small and mid-cap stocks can be volatile, so these should be monitored and balanced as needed.

Index Fund Exposure: While SBI Nifty Midcap 150 Index Fund provides exposure to mid-cap stocks, actively managed funds can offer better returns due to strategic management. Over 20 years, actively managed funds can adapt to market changes more effectively.

Benefits of Actively Managed Funds Over Index Funds
Active Management Advantage: Actively managed funds have the potential to outperform index funds through tactical asset allocation and stock selection. Fund managers leverage their expertise to identify undervalued stocks and market trends.

Flexibility: Unlike index funds, actively managed funds are not bound to a specific index. They can shift investments to better-performing sectors or stocks, potentially enhancing returns.

Risk Management: Actively managed funds can employ risk management strategies, such as adjusting sector allocations or increasing cash holdings during market downturns, to protect the portfolio.

Assessing Your Long-Term Investment Strategy
Compounding Effect: Investing consistently over 20 years will allow your investments to benefit from compounding. The longer you stay invested, the greater the compounding effect, leading to significant wealth accumulation.

Rebalancing: Regularly review and rebalance your portfolio to ensure it aligns with your risk tolerance and financial goals. Rebalancing helps maintain the desired asset allocation and mitigates risk.

Economic Cycles: Over 20 years, you will experience various economic cycles. Actively managed funds can adjust their strategies to navigate these cycles, potentially offering better risk-adjusted returns.

Optimizing Your Portfolio for Better Returns
Consider Large Cap Funds: Adding a large cap fund can provide stability to your portfolio. Large cap stocks are typically more stable and less volatile, offering steady growth over the long term.

Evaluate Fund Performance: Regularly assess the performance of your chosen funds. If any fund consistently underperforms its benchmark or peers, consider replacing it with a better-performing fund.

Tax Efficiency: Understand the tax implications of your investments. Long-term capital gains (LTCG) from equity funds are taxed at 10% on gains exceeding Rs 1 lakh in a financial year. Efficient tax planning can enhance your net returns.

Financial Planning and Retirement Goals
Setting Clear Goals: Define your financial goals clearly. Whether it's retirement, buying a house, or children's education, having specific goals will help tailor your investment strategy accordingly.

Emergency Fund: Maintain an emergency fund equivalent to at least six months of your expenses. This ensures you don’t have to dip into your investments during emergencies.

Insurance Coverage: Ensure you have adequate health and life insurance coverage. This protects your family and financial goals in case of unforeseen events.

Enhancing Financial Knowledge
Continuous Learning: Stay updated with financial news, investment trends, and market developments. Continuous learning helps make informed decisions and adapt to changing market conditions.

Consulting a Certified Financial Planner: For personalized advice, consider consulting a Certified Financial Planner (CFP). A CFP can provide a comprehensive financial plan tailored to your unique situation and goals.

Final Insights
Your commitment to investing Rs 30,000 monthly at such a young age is impressive. Diversifying your investments across flexi cap, small cap, mid cap, and multi cap funds shows a strategic approach. However, consider the advantages of actively managed funds over index funds for potentially higher returns and better risk management. Regularly review and rebalance your portfolio, stay informed about market trends, and consider professional financial advice to optimize your investment strategy for the long term.

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.

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Vivek Shah | Answer |Ask -Follow

Financial Planner - Answered on Apr 19, 2024

Asked by Anonymous - Apr 18, 2024Hindi

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I am 25 years old and investing 2k in quant small cap, 2k in Nippon small cap, 1k in parag Parikh flexi, 1k in Motilal Oswal midcap, 1k in HDFC mid cap. Is it good for long term like 30 years. Plz advice me

Ans: Hello,

Your portfolio seems to be well-diversified across different sectors and market caps, which is generally a good approach for long-term investing. Here are a few things to consider:

Performance History: Look at the historical performance of each mutual fund scheme over various time frames (1 year, 3 years, 5 years, and since inception). Compare it with relevant benchmarks and peer group averages to assess how well the fund has performed.

Fund Manager Experience: Evaluate the experience and track record of the fund manager. A skilled and experienced fund manager can significantly impact the performance of the fund.

Expense Ratio: Consider the expense ratio of each mutual fund scheme. Lower expense ratios mean more of your investment returns stay with you rather than being eaten up by fees.

Investment Strategy: Understand the investment strategy of each mutual fund scheme. Make sure it aligns with your risk tolerance, investment goals, and time horizon. For example, small-cap funds tend to be riskier but offer higher growth potential, while flexi-cap funds offer more flexibility in asset allocation.

Asset Allocation: Ensure that your overall portfolio is well-diversified across different asset classes, sectors, and market caps. Avoid overconcentration in any single fund or sector.

Risk Management: Assess the risk management practices of each mutual fund scheme. Look for funds with a disciplined approach to risk management and a focus on preserving capital during market downturns.
Fund House Reputation: Consider the reputation and credibility of the mutual fund house managing the scheme. A well-established and reputable fund house is more likely to have robust investment processes and governance standards.

Regular Review: Regularly review the performance and portfolio composition of each mutual fund scheme. Make adjustments to your portfolio as needed based on changes in your investment objectives, market conditions, and fund performance.
It's also a good idea to consult with a SEBI registered investment advisor who can provide personalized advice based on your financial situation, goals, and risk tolerance. They can help you build a well-structured investment portfolio tailored to your needs.

It's also a good idea to consult with a SEBI registeredinvestment advisor who can provide personalized advice based on your financial situation, goals, and risk tolerance. They can help you build a well-structured investment portfolio tailored to your needs.

Ramalingam Kalirajan |7290 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on Jul 11, 2024

Asked by Anonymous - Jun 09, 2024Hindi

Money

I am 29. I am investing 10k in ICICI pru Flexi cap, 5k in Parag Parikh Flexi cap, 5k in Nippon India Small Cap, 5k in SBI Nifty Midcap 150 Index fund, 2.5k in Quant Midcap, 2.5k in Nippon Multi cap. Will this be good for a long term investment? Say around 20 years.

Ans: Firstly, let me appreciate your initiative and discipline in investing. At 29, you are already taking significant steps towards securing your financial future. Your current SIPs total Rs. 30,000 per month across various funds, and you’re wisely looking at a long-term horizon of 20 years. Let’s dive into your investment strategy and evaluate how to optimize it for achieving your goals.

Review of Current Investments
Your portfolio is diversified across flexi-cap, small-cap, mid-cap, and multi-cap funds, including an index fund. This mix is good for spreading risk and capitalizing on growth opportunities in different market segments. Each type of fund has its characteristics, benefits, and risks.

Assessing the Current Portfolio
1. Portfolio Diversification:

Your portfolio's diversification is commendable. You have invested in various fund categories, which is crucial for risk management.

2. Allocation Breakdown:

Flexi-cap Funds: 50% allocation.
Small-cap Funds: 17% allocation.
Mid-cap Funds: 20% allocation.
Multi-cap Funds: 13% allocation.
3. Risk and Return Balance:

This allocation provides a balance between high growth potential (small and mid-cap funds) and stability (flexi-cap and multi-cap funds).

Enhancing Your Investment Strategy
1. Increase SIP Amount Periodically:

Consider increasing your SIP amount by 10% annually. This will significantly enhance your corpus over the long term. For example, increasing your SIPs yearly can amplify your investment growth, thanks to the power of compounding.

2. Regular Portfolio Review:

Review your portfolio's performance at least once a year. This ensures you stay aligned with your financial goals and make necessary adjustments.

3. Rebalancing:

Rebalancing helps maintain your desired asset allocation. It involves selling some investments that have performed well and buying more of those that haven’t, to maintain a target allocation.

Power of Compounding
Compounding is your best friend in long-term investing. The longer you stay invested, the more your money works for you. Reinvesting your returns leads to exponential growth.

1. Long-Term Growth:

Compounding allows your investments to grow faster as you earn returns on both your initial investment and the accumulated returns over time.

2. Patience Pays:

The key to benefiting from compounding is patience. Stay invested for the long haul and avoid the temptation to withdraw funds prematurely.

Advantages of Mutual Funds
1. Professional Management:

Mutual funds are managed by experienced fund managers who make informed investment decisions on your behalf.

2. Diversification:

They offer diversification across various sectors and asset classes, reducing the risk of significant losses.

3. Liquidity:

Mutual funds are highly liquid, meaning you can redeem your investments relatively easily when needed.

4. Flexibility:

There are various types of mutual funds to suit different risk appetites and investment goals.

Evaluating Fund Categories
1. Flexi-Cap Funds:

These funds invest in companies of all sizes and offer flexibility and diversification. They adjust their portfolio mix based on market conditions, aiming for optimal returns.

2. Small-Cap Funds:

Small-cap funds invest in smaller companies with high growth potential but come with higher volatility. They can offer substantial returns over the long term if you can withstand short-term market fluctuations.

3. Mid-Cap Funds:

Mid-cap funds invest in medium-sized companies with strong growth prospects. They strike a balance between the stability of large-caps and the high growth potential of small-caps.

4. Multi-Cap Funds:

Multi-cap funds invest across large-cap, mid-cap, and small-cap stocks. They provide a balanced approach, reducing risk while aiming for growth.

5. Index Funds:

Index funds aim to replicate the performance of a specific market index. They offer lower expense ratios but might not outperform the market. Actively managed funds, like those you have, seek to outperform market indices through active stock selection.

Risks and Mitigation
Investing in mutual funds involves certain risks, but these can be managed:

1. Market Risk:

Diversify across various asset classes and sectors to spread risk.

2. Interest Rate Risk:

Maintain a mix of equity and debt funds to mitigate the impact of interest rate fluctuations.

3. Credit Risk:

Invest in funds with high credit ratings to minimize default risk.

4. Inflation Risk:

Equity funds can potentially outpace inflation, preserving the purchasing power of your investments.

Tax Implications
1. Long-Term Capital Gains (LTCG):

Gains from equity funds held for more than one year are taxed at 10% for amounts exceeding Rs. 1 lakh annually.

2. Short-Term Capital Gains (STCG):

Gains from equity funds held for less than one year are taxed at 15%.

3. Tax-Saving Funds:

Consider investing in Equity Linked Savings Schemes (ELSS) for tax benefits under Section 80C.

Role of a Certified Financial Planner
A Certified Financial Planner (CFP) can provide valuable guidance:

1. Personalized Advice:

CFPs offer tailored advice based on your unique financial situation and goals.

2. Portfolio Management:

They help monitor and rebalance your portfolio to ensure it aligns with your objectives.

3. Tax Planning:

CFPs offer strategies to optimize your tax liabilities, maximizing your investment returns.

Final Insights
Your investment strategy is on the right track. With consistent SIPs, regular reviews, and periodic rebalancing, you can achieve your financial goals. Here are some key takeaways:

1. Increase SIPs Annually:

Boost your investment amount by 10% each year to leverage the power of compounding.

2. Monitor Performance:

Keep an eye on your portfolio’s performance and make adjustments as needed.

3. Diversify:

Continue diversifying across various fund categories to manage risk and maximize returns.

4. Stay Informed:

Keep yourself updated on market trends and fund performance to make informed decisions.

5. Seek Professional Guidance:

Consider consulting a Certified Financial Planner for personalized advice and ongoing portfolio management.

Your commitment to long-term investing is commendable. Stay disciplined, be patient, and let the power of compounding work its magic. You are well on your way to achieving your financial aspirations.

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 Jul 27, 2024

Question by Roshan - Jul 17, 2024Hindi

Money

I am 25. I am investing 12.5k in HDFC Nifty 50 index fund, 10k in Parag Parikh Flexi cap, 10k in Quant Small Cap, 12.5k in ICICI nasdaq 100 index fund. Will this be good for a long term investment? What should I change in my portfolio? By what % should I increase my investment?

Ans: Your investment journey at 25 is commendable. Let's evaluate your portfolio and suggest improvements.

Current Portfolio Assessment
Investments:

Rs 12.5k in HDFC Nifty 50 Index Fund
Rs 10k in Parag Parikh Flexi Cap
Rs 10k in Quant Small Cap
Rs 12.5k in ICICI Nasdaq 100 Index Fund
Benefits of Actively Managed Funds
Limited Returns in Index Funds:

Index funds track the market. They offer average returns.
They lack flexibility. They can’t outperform the market.
Advantages of Actively Managed Funds:

Active funds offer better returns. Fund managers make strategic decisions.
They adapt to market changes. This improves potential gains.
Recommendations for Portfolio Adjustment
Reduce Index Fund Allocation:

Decrease investment in index funds. Focus more on actively managed funds.
Diversify Portfolio:

Add more diversified and balanced funds. This reduces risk and improves stability.
Focus on Long-Term Growth:

Invest in funds with a strong track record. This ensures consistent growth.
Suggested Portfolio Allocation
Equity Funds:

Increase investment in equity funds. This enhances growth potential.
Balanced Funds:

Allocate a portion to balanced funds. They offer a mix of equity and debt.
Diversified Funds:

Add diversified funds. They spread risk across sectors.
Increasing Investment Percentage
Annual Increment:

Increase investment by 10% annually. This helps keep pace with inflation and growth.
Monthly Contributions:

Review your financial status regularly. Increase contributions as your income grows.
Detailed Financial Plan
Investment Review:

Monitor your investments quarterly. Adjust based on performance and goals.
Professional Guidance:

Seek advice from a Certified Financial Planner. This ensures optimal investment strategies.
Long-Term Perspective:

Stay focused on long-term goals. Avoid frequent changes based on market fluctuations.
Disadvantages of Direct Funds
Complex Management:

Direct funds require constant monitoring. This can be time-consuming.
Professional Assistance:

Regular funds offer expert management. This reduces the burden on investors.
Convenience and Expertise:

Investing through a Certified Financial Planner ensures professional oversight. This improves returns and reduces risks.
Final Insights
Disciplined Investing: Consistent and strategic investments are key.
Professional Advice: Certified Financial Planners offer valuable guidance.
Future Planning: Always plan for future needs and adjust your investments accordingly.
Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Milind Vadjikar |785 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Nov 20, 2024

Asked by Anonymous - Nov 19, 2024Hindi

Money

Hello sir I am 26 years old and I am investing 1k in quant infrastructure cap, 2k in Tata small cap, 1k in Tata Mid cap, 1k in HDFC life fund, 1k Is it good for long term like 30 years. Plz advice me

Ans: Hello;

To begin with, this is okay but you need to top-up the sip amount by
10-15 % each year diligently.

Also review performance of funds annually.

Happy Investing;
X: @mars_invest

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
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• East Suffolk and North Essex NHS Foundation Trust – ICENI Centre Fellowships Programme
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• ENT UK – Royal College of Surgeons
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• Hertfordshire Partnership University NHS Foundation Trust
• Hull University Teaching Hospitals NHS Trust – International Fellows at Hull University Teaching Hospitals NHS Trust
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• 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)
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• 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
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• Oxford University Hospitals NHS Foundation Trust – Oxford University Hospitals Sponsorship Scheme
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• Royal College of Anaesthetists – MTI Scheme
• Royal College of Emergency Medicine
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• Royal College of Ophthalmologists
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• 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
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• Sheffield Health and Social Care NHS Foundation Trust - International Medical Fellowship in Psychiatry
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• 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
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• 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
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• Tees, Esk and Wear Valleys NHS Foundation Trust – International Psychiatric CESR or SAS Fellowship
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• University Hospital Birmingham NHS Foundation Trust - International Training Fellowship Programme
• University Hospitals Birmingham NHS Foundation Trust - UHB LED Fellowship Programme
• University Hospitals Bristol and Weston NHS Foundation Trust – Bristol Children's Hospital International Fellowship Scheme
• University Hospitals Bristol and Weston NHS Foundation Trust - Department of General Internal Medicine at Weston General Hospital
• University Hospitals Coventry and Warwickshire NHS Trust
• University Hospitals of Leicester NHS Trust - Postgraduate Clinical Fellowship Programme
• University of Buckingham – Master of Medicine
• University of Buckingham – Master of Surgery
• University of Chester and Cheshire and Wirral Partnership NHS Trust – International Training Fellows Psychiatry
• University of Hertfordshire – Professional Doctorate in General Internal Medicine (Clinical MD) Programme
KINDLY NOTE: If your sponsor is not on this list then you cannot apply using sponsorship.
If you have any further questions, please visit the GMC website for more information.

WISH YOU ALL THE VERY BEST.

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

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Asked by Anonymous - Dec 20, 2024Hindi

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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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