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Ramalingam

Ramalingam Kalirajan  |6970 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 20, 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
pramod Question by pramod on May 11, 2024Hindi
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Hi sir,I am 40 years old, my goal is retirement with 5 cr. I am investing 25k through SIP in the following Funds. 5k- icici pru bharat 23fof 5k-motilal oswal mid, 5K-Quant large and mid, 5k-Nippon Small cap 5k-Quant small cap, All Direct Funds. Investment Horizon - 20 to 22 Years. Goal -please check my portfolio,Wealth Creation, Risk Appetite- High. Please advise if I should pause or continue with these mutual funds.

Ans: Portfolio Review and Recommendations for Wealth Creation
Overview of Current Investments
Your portfolio consists of a monthly SIP of ?25,000 distributed as follows:

?5,000 in ICICI Prudential Bharat 23 FoF
?5,000 in Motilal Oswal Midcap Fund
?5,000 in Quant Large and Mid Cap Fund
?5,000 in Nippon Small Cap Fund
?5,000 in Quant Small Cap Fund
You have a high-risk appetite and a 20 to 22-year investment horizon with a goal of creating a retirement corpus of ?5 crores.

Compliments on Your Investment Strategy
Your disciplined approach to investing through SIPs is commendable. Consistency in SIPs, especially in equity funds, aligns well with your high-risk appetite and long-term horizon. This strategy helps in rupee cost averaging and compounding returns over time.

Analytical Review of Your Portfolio
ICICI Prudential Bharat 23 FoF:

This fund focuses on sectors highlighted in the Bharat 23 theme.
While thematic funds can offer high returns, they come with concentrated risks.
Motilal Oswal Midcap Fund:

Midcap funds can provide significant growth over the long term.
They are suitable for investors with a high-risk appetite due to higher volatility.
Quant Large and Mid Cap Fund:

This fund offers a balanced exposure to large-cap and mid-cap stocks.
It provides a good blend of stability and growth.
Nippon Small Cap Fund:

Small cap funds can generate high returns but come with higher risks.
They are more volatile compared to large and mid-cap funds.
Quant Small Cap Fund:

Similar to the Nippon Small Cap Fund, this fund focuses on high-growth small-cap companies.
Diversifying within the small cap segment may not be necessary.
Recommendations for Wealth Creation
Diversification:

Your portfolio is heavily tilted towards small and mid-cap funds.
Adding a large-cap fund or a diversified equity fund can provide stability.
Rebalance Sectoral/Thematic Exposure:

The ICICI Prudential Bharat 23 FoF is thematic.
Consider reducing exposure if the theme does not align with your overall strategy.
Consolidate Small Cap Investments:

Holding two small cap funds may not be necessary.
You can consolidate into one fund to avoid overlap and simplify management.
Consider Actively Managed Funds:

Direct funds have lower expense ratios but require more monitoring.
Actively managed funds can offer professional management and potential for higher returns.
Steps to Achieve ?5 Crores
Regular Review and Adjustments:

Periodically review your portfolio and make adjustments based on performance and market conditions.
Increase SIP Amount:

Gradually increase your SIP amount as your income grows.
This can significantly boost your corpus over the long term.
Emergency Fund and Insurance:

Ensure you have an emergency fund and adequate health and life insurance.
This protects your investments and provides peace of mind.
Stay Invested:

Market volatility is inevitable.
Staying invested and not reacting to short-term market fluctuations is crucial.
Conclusion
Your current portfolio is on the right track for wealth creation given your high-risk appetite and long-term horizon. However, some adjustments can enhance stability and growth potential. Diversifying across different market caps and sectors will help in balancing risk and returns. Keep increasing your SIPs and reviewing your portfolio regularly to stay aligned with your goals.

Your disciplined investment approach and thoughtful planning are commendable. With consistent efforts and regular reviews, you are well on your way to achieving your retirement goal of ?5 crores.

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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Ramalingam Kalirajan  |6970 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 01, 2024

Asked by Anonymous - Mar 24, 2024Hindi
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Hi sir,I am 40 years old, my goal is retirement with 5 cr. I am investing 25k through SIP in the following Funds. 5k- icici pru bharat 23fof 5k-motilal oswal mid, 5K-Quant large and mid, 5k-Nippon Small cap 5k-Quant small cap, All Direct Funds. Investment Horizon - 20 to 22 Years. Goal -please check my portfolio,Wealth Creation, Risk Appetite- High. Please advise if I should pause or continue with these mutual funds.
Ans: Based on your investment horizon, risk appetite, and goal of accumulating 5 crores for retirement over the next 20 to 22 years, let's evaluate your current mutual fund portfolio:

ICICI Prudential Bharat 22 FOF: This fund aims to invest in a diversified portfolio of equity and equity-related securities of companies participating in the growth of Indian economy, and also in units of Bharat 22 ETF. As it focuses on large-cap and well-established companies, it can provide stability to your portfolio. However, since it's a fund of funds (FOF), it may have slightly higher expenses compared to regular equity funds.

Motilal Oswal Midcap 30 Fund: This fund primarily invests in mid-cap stocks, which have the potential for high growth but also come with higher volatility compared to large-cap stocks. Given your high risk appetite, this fund can be suitable for your portfolio as it aims to capture the growth potential of mid-sized companies.

Quant Large and Mid Cap Fund: This fund follows a quantitative investment approach, which uses mathematical models to select stocks based on predefined criteria. While quantitative strategies can offer a systematic approach to investing, it's essential to assess the fund's track record and performance consistency over time.

Nippon India Small Cap Fund: Investing in small-cap companies can provide significant growth opportunities, but it also comes with higher risk and volatility. Given your risk appetite, allocating a portion of your portfolio to small-cap funds can be suitable for long-term wealth creation, provided you can tolerate the associated volatility.

Quant Small Cap Fund: Similar to Quant Large and Mid Cap Fund, this fund follows a quantitative approach to investing but focuses on small-cap stocks. As with any small-cap fund, be prepared for higher volatility and fluctuations in returns.

Considering your high risk appetite and long investment horizon, your current portfolio appears aligned with your goals. However, it's essential to regularly review your investments and monitor the performance of your funds. If any fund consistently underperforms or deviates from its investment mandate, consider replacing it with a better-performing alternative.

Additionally, since you have a long investment horizon, you can consider increasing your SIP amounts periodically to benefit from the power of compounding and accelerate wealth accumulation. As always, consult with a financial advisor to ensure your investment strategy remains appropriate based on your evolving financial circumstances and goals.

..Read more

Ramalingam

Ramalingam Kalirajan  |6970 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 09, 2024

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Hi sir,I am 40 years old, my goal is retirement with 5 cr. I am investing 25k through SIP in the following Funds. 5k- icici pru bharat 23fof 5k-motilal oswal mid, 5K-Quant large and mid, 5k-Nippon Small cap 5k-Quant small cap, All Direct Funds. Investment Horizon - 20 to 22 Years. Goal -please check my portfolio,Wealth Creation, Risk Appetite- High. Please advise if I should pause or continue with these mutual funds.
Ans: Looks like you've got a good head start on your retirement savings plan! It's great that you're investing consistently through SIPs and have a long investment horizon. Let's break down your portfolio:
Good Diversification: Having a mix of funds across large-cap, mid-cap, and small-cap captures different risk-reward opportunities. This is a good approach for building wealth over the long term.
High Risk Appetite: Your fund selection indicates a high-risk appetite. This can potentially lead to higher returns, but also means your investments can experience more ups and downs along the way.
Consider Portfolio Review: While a general overview looks promising, a more in-depth analysis might be helpful. A Certified Financial Planner (CFP) can assess your individual risk tolerance, investment goals, and review your specific fund choices to ensure they align with your overall plan.
Staying the Course: Remember, market fluctuations are normal. Don't panic and make impulsive decisions based on short-term dips. If you have a long-term view (20-22 years) and stay invested, your SIPs can help you ride out market volatility.
Keep an Eye on It: Periodic reviews are important. Markets and your financial goals can evolve over time. A CFP can help you monitor your portfolio and make adjustments as needed.


There are some advantages to consider direct funds, and the cost savings can be significant in the long run. However, there are some potential benefits to using a regular MFD:
Advantages of Investing Through a Mutual Fund Distributor (MFD):
• Personalized Advice: MFDs can be helpful for beginners or those who lack investment knowledge. They can assess your risk tolerance, financial goals, and investment horizon to recommend suitable mutual funds. This personalized guidance can be valuable, especially if you're new to investing.
• Convenience: MFDs handle all the paperwork and transactions on your behalf, saving you time and effort. They can help with account setup, SIP registrations, and managing your portfolio across different funds.
• Investor Support: MFDs can be a point of contact for any questions or concerns you may have about your investments. They can provide ongoing support and guidance throughout your investment journey.

Overall, you're on the right track! Keep up the good work!
Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |6970 Answers  |Ask -

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

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Hi sir,I am 40 years old, my goal is retirement with 5 cr. I am investing 25k through SIP in the following Funds. 5k- icici pru bharat 22fof 5k-motilal oswal mid, 5K-Quant large and mid, 5k-Nippon Small cap 5k-Quant small cap, All Direct Funds. Investment Horizon - 20 to 22 Years. Goal -please check my portfolio,Wealth Creation, Risk Appetite- High. Please advise if I should pause or continue with these mutual funds.
Ans: Your investment approach demonstrates a proactive mindset towards achieving your retirement goal. With a high-risk appetite and a long investment horizon of 20 to 22 years, you've chosen funds that align with your objectives.

Your portfolio consists of a mix of funds across various market caps, providing diversification and potential for growth. However, it's essential to periodically review your investments to ensure they remain aligned with your goals and market conditions.

Given your high-risk appetite, the funds you've selected appear suitable for wealth creation over the long term. However, consider monitoring their performance regularly and adjusting allocations if needed. Additionally, stay informed about economic and market trends that could impact your investments.

As you progress towards your retirement goal, you may consider rebalancing your portfolio periodically to maintain an optimal mix of assets. Consulting with a Certified Financial Planner can provide valuable insights and guidance tailored to your specific circumstances.

Overall, your proactive approach to investing and commitment to long-term wealth creation are commendable. By staying disciplined and informed, you're on track to achieve your retirement goal of 5 crores. Keep nurturing your investments, and they're likely to flourish over the years ahead.

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Ramalingam

Ramalingam Kalirajan  |6970 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 09, 2024

Asked by Anonymous - Apr 17, 2024Hindi
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Hi sir,I am 40 years old, my goal is retirement with 5 cr. I am investing 25k through SIP in the following Funds. 5k- parag parikha flexi cap 5k-motilal oswal mid cap 5K-Quant large and mid cap 5k-Nippon Small cap 5k-Quant small cap, All Direct Funds. Investment Horizon - 20 to 22 Years. Goal -please check my portfolio,Wealth Creation, Risk Appetite- High. Please advise if I should pause or continue with these mutual funds.
Ans: It's fantastic that you're planning ahead for your retirement, and your investment strategy reflects your goal of wealth creation with a high-risk appetite. Let's review your portfolio:
1. Parag Parikh Flexi Cap Fund: This fund follows a flexible investment approach, investing in a mix of large-cap, mid-cap, and small-cap stocks. It's known for its diversified portfolio and has a track record of delivering consistent returns over the long term.
2. Motilal Oswal Mid Cap Fund: Mid-cap stocks have the potential for higher growth but also come with higher volatility. This fund focuses on mid-cap companies with strong growth prospects, suitable for investors with a higher risk tolerance.
3. Quant Large and Mid Cap Fund: This fund combines large-cap and mid-cap stocks, aiming to provide capital appreciation over the long term. Quantitative techniques are used for stock selection, which can add a unique flavor to your portfolio.
4. Nippon Small Cap Fund: Small-cap stocks have the potential for significant growth but are more volatile. This fund focuses on small-cap companies with growth potential, aligning with your high-risk appetite.
5. Quant Small Cap Fund: Similar to the previous fund, this one specifically targets small-cap stocks using quantitative methods for stock selection.
Considering your investment horizon of 20 to 22 years, your portfolio seems well-diversified across different market segments, aligning with your high-risk appetite and wealth creation goal. However, it's essential to regularly review your portfolio's performance and make adjustments if necessary.
I recommend consulting with a Certified Financial Planner periodically to ensure your investment strategy remains on track with your retirement goal and risk tolerance.

Shifting from direct to regular mutual funds can offer several advantages, especially for investors seeking personalized support and guidance:
Regular mutual funds provide access to the expertise of a Mutual Fund Distributor (MFD) who is often a Certified Financial Planner (CFP). They can offer valuable insights, emotional handholding, and personalized guidance tailored to your financial goals and risk tolerance.
MFDs can assist with asset rebalancing, helping you maintain an optimal allocation of assets based on market conditions and changes in your financial situation. This ensures your portfolio remains aligned with your investment objectives over time.
Scheme selection can be overwhelming with numerous options available in the market. An MFD with CFP credentials can help navigate this complexity by recommending suitable funds that align with your risk profile, investment horizon, and financial goals.
By opting for regular mutual funds through an MFD, you not only gain access to professional advice but also benefit from ongoing support and assistance throughout your investment journey. This can instill confidence and peace of mind, knowing that you have a trusted advisor by your side.
Consider making the switch to regular mutual funds to leverage the expertise and guidance of a Certified Financial Planner through a Mutual Fund Distributor. It can enhance your investment experience and increase the likelihood of achieving your retirement goal of 5 crores.

Keep up the good work with your disciplined SIP investments, and stay focused on your long-term financial objectives.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

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Asked by Anonymous - Nov 05, 2024Hindi
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I'm 18 years old and currently preparing for neet as a dropper student. I'm from bihar but I live in haryana since my childhood. I have a boyfriend, he is doing btech and it has been 1.5 years since we are together we love each other he supports me in everything but the problem here is I lied him about my birthplace and told him that I belong to UP as UP is a bit better place than bihar. Idk i just feel ashamed to tell anyone that I'm from bihar so I just tell everyone that I'm from UP. Now I'm feeling very guilty in my own that I lied to him about such a basic and important thing and yesterday he Also mentioned that his mother never want a bihari girl, and he is a punjabi. I just don't know what should I do how will he react after knowing the truth and also I'm afraid that he will broke up with me.. I'm also having my neet exam in 6 months. I planned that i will tell him after my exam but I'm just feeling too guilty that I'm hiding this thing from him
Ans: Hello.
Keep mum for the next 6-7 months. Keep a safe distance from your boyfriend. Focus only on NEET preparation. Try to excel in NEET. Wait till the results are out. If you score well and get admitted to Govt Medical College, then open up in front of your boyfriend. He and his family members will accept you because you are becoming a doctor! But after taking the NEET examination, if you feel that you can't score as expected, then tell the truth to your boyfriend. If he loves you from the bottom of his heart, he will forgive you. But if not. then you assume that god has saved you from him!
Last but not least:- Dedicate your 24 hours only for NEET preparation. This time will never come in your life again. You can be a KING in just a few days with solid preparation and will get lifelong respect in society. The bright future is in your hands and not in the hands of your boyfriend.
Best of luck with your upcoming NEET Examination.

If satisfied, please like and follow me.
If dissatisfied with the reply, please ask again without hesitation.
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Radheshyam

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Prof Suvasish Mukhopadhyay  |7 Answers  |Ask -

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my Son has done BTech in computer Science in 2023 from NIT Jalandhar and campus placed in Indian Fintech and earning 15CTC. He is gaining experience there for more than one year for now. What is advisable for future course go for Masters in USA or any other country or continue with job in India by switching companies. Due to job market crunch he is also preparing for upto Group B level Govt jobs as Plan B. What would be best advice for long term and settling after marriage.
Ans: Please have one directional goal. No dual policy. Let him go for MS from some good American University and after that he can get a good job in USA. No point in switching companies in India. A rolling stone gathers no moss. Forget about Govt. job in India. His talent won't be utilized and there will be routine transfers. So hit the bull's eye. Have a decent GRE and TOEFL score, have three good recommendation from his professors, one good SOP (statement of purpose) and after seeing the GRE score I will suggest the universities. Mostly in all the reputed universities of USA at least one student of mine is there sas a Professor and half of the year I stay in USA. No worries. I am there to counsel him. Only he must fix one aim. No ambiguity. Have unique aim, work hard with proper decision, rest the guidance will be given by me. Recommended more than hundred students to different reputed universities of US right from Princeton to Texas A&M, Clemson to Vermont. Never forget that I AM THERE BY THE SIDE OF YOUR SON LIKE AN INVISIBLE SHADOW TO PROTECT HIM AND GUIDE HIM.

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Ramalingam Kalirajan  |6970 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Nov 05, 2024

Asked by Anonymous - Nov 05, 2024Hindi
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Hi I am 39 years old working professional with take home salary of Rs. 2.25 lacs/month. I have taken home loan in last month for Rs. 30 lacs with monthly EMI of Rs. 60k. My monthly House hold expenses are Rs. 50k. From 2022 I am investing Rs. 35k in MF via monthly SIP in ratio of 40:30:20:10 in Large:Mid:small:Debt. I have 2 Sons for 8 years and 3 years respectively. My Goal is to have sufficient corpus for their higher education and to achieve financial independence ASAP. Pl guide..
Ans: Your proactive approach towards securing financial independence and planning for your children’s education is commendable. At 39, you have a robust salary, structured expenses, and disciplined investments. Let's examine your financial standing, assess your goals, and outline strategies for optimal growth and security.

Current Financial Overview
Monthly Income: Rs 2.25 lakh

Home Loan EMI: Rs 60,000 (new loan of Rs 30 lakh)

Household Expenses: Rs 50,000

Monthly SIP in Mutual Funds: Rs 35,000 (split across large, mid, small-cap, and debt funds)

You have taken significant steps with a home purchase and ongoing SIPs. Let’s optimise these resources to achieve financial independence and build a corpus for your children’s education.

Goal-Based Financial Planning
1. Higher Education Corpus for Children
Education expenses rise significantly due to inflation, particularly for quality higher education.

With your sons aged 8 and 3, plan for their higher education in 10-15 years.

To achieve this, increase your SIPs in equity-focused funds. Equities provide inflation-beating returns over the long term.

Maintain a systematic approach, with SIPs focused on growth-oriented funds (large and mid-cap funds are ideal).

Regularly review this corpus every 2-3 years to ensure it aligns with educational costs.

2. Financial Independence
Early financial independence requires strategic savings and investment growth.

Aim to build a corpus that covers at least 25 times your annual expenses.

At present, Rs 50,000 monthly expenses indicate a future goal corpus of Rs 1.5-2 crore, adjusting for inflation.

Your current SIPs are a great start, but gradually increase SIPs to achieve a sizeable retirement fund.

Consider adding more equity exposure for growth and inflation protection, while adding debt as retirement nears.

Debt Management and EMI Strategy
Home loan EMI is Rs 60,000, a significant commitment for 20 years. This can limit cash flow for other investments.

Aim to prepay your loan when possible to reduce interest outflow and loan tenure.

You may consider setting aside a small portion of bonuses or salary hikes for periodic prepayments.

Reducing debt earlier will provide more cash flow to focus on investments.

Optimising Your SIP Strategy
Equity Allocation: Your SIP allocation is split 40:30:20:10 across large, mid, small, and debt categories.

Large-cap funds offer stability, while mid and small caps drive growth. The debt allocation provides balance but may be increased as you approach retirement.

Avoid Index Funds: Index funds, while popular, lack active management, which can be limiting. Actively managed funds adjust to market conditions, providing a higher potential for returns. Certified Financial Planners (CFP) can guide you on the best funds for your goals, particularly with growth in mind.

Consider Regular Funds Over Direct: Regular funds provide personalised guidance, performance reviews, and rebalancing through Certified Financial Planners, which direct funds lack. Regular investments managed by certified experts offer better long-term growth.

Building Contingency and Protection
1. Emergency Fund
Ensure an emergency fund covering 6-12 months of expenses (about Rs 4-6 lakh), kept in easily accessible accounts like liquid funds.

This fund will protect your long-term investments in case of unexpected expenses.

2. Insurance Needs
Adequate life and health insurance are essential, especially with dependents and ongoing liabilities.

Life insurance should cover at least 10 times your annual income, which could be achieved with a simple term insurance policy.

Health insurance for the family is essential to avoid dipping into savings during medical emergencies. Ensure coverage is comprehensive to handle inflation in healthcare.

Tax Efficiency in Investments
New tax rules affect mutual fund capital gains. For equity funds, long-term capital gains (LTCG) above Rs 1.25 lakh are taxed at 12.5%, while short-term capital gains (STCG) are taxed at 20%.

Debt mutual funds are taxed as per your income slab. Plan to withdraw strategically to minimise tax impact.

Periodic portfolio reviews and structured withdrawals can help reduce your tax liability.

Nurturing Long-Term Wealth Growth
PPF and Debt Instruments: PPF and debt mutual funds provide stability but may fall short on inflation-adjusted growth. Maintain debt instruments as a smaller part of your portfolio until retirement nears.

Equities for Wealth Accumulation: Equities remain ideal for long-term goals like retirement and education due to their inflation-beating growth.

Review your mutual fund choices periodically to ensure they are high-performing and aligned with your growth goals.

Final Insights
Achieving financial independence and funding your children’s education are achievable with disciplined investments, a focus on growth, and debt management. Regular monitoring, along with a Certified Financial Planner’s advice, will ensure you stay on track.

Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner

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

...Read more

Prof Suvasish

Prof Suvasish Mukhopadhyay  |7 Answers  |Ask -

Career Counsellor - Answered on Nov 05, 2024

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I am a 29 year old completed her Masters in Psychology 5 years ago. Presently i am working, on a contractual basis ,as a Patient Counsellor for Oncology department in a local well reputed hospital and my work contract is coming to an end. I always aspire to make a mark in the field of Psychology and contribute in a better way for Indian space, bring awareness and popularity in India. My mind also goes to UGC NET or school counseling, plus I am yet to do any M. Phil or PhD yet however I am little unsure regarding my capacity. But I do want to go ahead in my career. I need your guidance regarding taking the next step for a better career. Please help me out.
Ans: I am really very happy to see the positive mind frame of yours. I do think teaching ( i.e. College Teaching) will be the best job for you. At a time you and teach and counsel. Please don't be unsure about your capacity, from your writing it is crystal clear that you do have the required capacity to do M.Phil and Ph.D. Only your age is a bit high, because if you do M.Phil and Ph.D then it will take at least six years time and by that time you will be 35. If you are ready you can apply to some Universities of Germany for doing Ph.D directly. There M.Phil is not required. In Germany for ladies education is free. Only you need to have knowledge of primary German language for a smooth sailing. In school there is little bit use of Psychology, because the subject of Psychology is not there.
Your next step will be having a permanent job. Unless the basic needs are assured you can't concentrate. In India very few persons get job satisfaction. So if you appear for the state PSC exam, you may crack it, but Psychology won't be there, you may be a Deputy Collector or Sales Tax Officer with periodic transfer and lot of respect cum status. But don't be morose. Even being in other job you can give free counselling of Psychology online free of cost just to pursue your hobby. My basic answer is that first grab a full time job and then pursue your passion. Right now don't go for M.Phil and Ph.D.Higher degrees and age are proportional to each other. In last five years you must have completed M.Phil and started Ph.D. But no point in lamenting over the spilt milk. So two option 1) Do Ph.D from Germany 2) Grab a Govt or Private job which is not contractual. Take proper decision. That is the most important thing in career building. Never go for split mind and never try for true option. Make your aim fix and target it and I am sure you will achieve it.
Now just procure a permanent job and pursue your hobby of Psychology.Best of Luck. Prof. Mukhopadhyay

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Tax Expert - Answered on Nov 05, 2024

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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