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Ramalingam

Ramalingam Kalirajan  |7290 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 23, 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
shailesh Question by shailesh on Nov 06, 2023Hindi
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My age is 57 years old. You may please advise me to invest in some SIPs of Rs. 15000/- per month for 5 years.

Ans: starting an SIP at 57 is a commendable step towards securing your financial future. Here’s a thoughtful approach tailored for you:

Risk Assessment: At this stage, capital preservation becomes paramount. Opt for balanced funds or hybrid funds that provide a blend of equity and debt. This offers growth potential while cushioning against market volatility.
Asset Allocation: Diversify your SIPs across asset classes to spread risk. Consider allocating a portion to equity for growth and the remainder to debt for stability.
Tenure Consideration: A 5-year SIP is relatively short-term in the investment horizon. However, it's essential to align with your retirement plans. Ensure the chosen funds have a consistent track record over this period.
Tax Efficiency: Look for tax-saving SIPs under Section 80C, if you haven’t exhausted the limit. This can provide tax benefits while growing your wealth.
Periodic Review: Regularly monitor the performance of your SIPs. If any fund underperforms consistently, consider switching to a better-performing fund.
Stay Informed: Keep yourself updated with the market trends and financial news. This helps in making informed decisions and staying ahead of potential risks.
Emergency Fund: Ensure you have an emergency fund equivalent to 6-12 months of expenses. This will provide a financial cushion during unforeseen circumstances without liquidating your investments.
Remember, the goal is not just to invest but to invest wisely. It's essential to strike a balance between growth and stability, ensuring your investments align with your financial goals and risk tolerance. Your commitment to investing at this stage reflects prudence and foresight. Best wishes for your investment journey!
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

Ramalingam Kalirajan  |7290 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 04, 2024

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Hi sir iam 36 yrs right now.i am planning to start sip of around 10000rs per month.please suggest some funds to invest
Ans: starting a SIP is a great decision. It's good to start early and stay consistent.

At 36, you have ample time to build a strong portfolio.

Importance of SIPs
Systematic Investment Plans (SIPs) are powerful.

They help you invest small amounts regularly and build wealth over time.

SIPs also bring discipline and mitigate market volatility.

Categories of Mutual Funds
Equity Mutual Funds
Equity funds invest in stocks.

They offer high growth potential but come with higher risk.

Ideal for long-term goals due to compounding.

Debt Mutual Funds
Debt funds invest in bonds and fixed-income securities.

They provide stable returns with lower risk.

Suitable for short to medium-term goals.

Hybrid Mutual Funds
Hybrid funds combine equity and debt.

They balance risk and reward.

Good for medium-term goals.

Evaluating Your Risk Appetite
Before choosing funds, assess your risk tolerance.

Higher risk can bring higher rewards but also higher losses.

Choose a mix of funds that match your comfort level.

Recommended Fund Types
Large Cap Funds
Large cap funds invest in large, established companies.

They are less volatile and provide stable returns.

Mid Cap Funds
Mid cap funds invest in medium-sized companies.

They offer higher growth potential with moderate risk.

Small Cap Funds
Small cap funds invest in small, emerging companies.

They are high-risk but can give high returns over the long term.

Multi Cap Funds
Multi cap funds invest across large, mid, and small cap stocks.

They offer diversification and balance risk and reward.

Balanced Advantage Funds
Balanced advantage funds adjust between equity and debt.

They provide stability and growth.

Suitable for moderate risk investors.

Steps to Start Your SIP
Define Your Goals

Identify your financial goals.

Is it retirement, children's education, or a big purchase?

Set Your Budget

You mentioned Rs. 10,000 per month.

Make sure it's affordable and sustainable.

Choose Fund Categories

Based on your risk appetite, select a mix of equity, debt, and hybrid funds.

Start Small and Increase Gradually

Begin with Rs. 10,000 and increase as your income grows.

Monitoring and Rebalancing
Regularly review your investments.

Rebalance your portfolio based on performance and market conditions.

This keeps your investments aligned with your goals.

Tax Implications
Understand the tax implications of your investments.

Equity funds held for over a year have lower tax rates.

Debt funds held for over three years benefit from indexation.

Final Insights
Starting a SIP is a smart move.

Your plan to invest Rs. 10,000 monthly is a great start.

Diversify across large cap, mid cap, small cap, and balanced funds.

Monitor and rebalance regularly to stay on track.

With consistency and smart choices, you’ll achieve your financial goals.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

www.holisticinvestment.in

..Read more

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Ramalingam

Ramalingam Kalirajan  |7290 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 04, 2024

Asked by Anonymous - Jun 30, 2024Hindi
Money
I am 45 in a pvt job. I want to invest in SIP for a period of 5 yrs to get good returns by the end of 10 yrs. My risk appetite is moderate. I need to plan for my 2 children studies, their wedding and my retirement. 4 sips of Rs. 3000 is doable for me.
Ans: Investing in Systematic Investment Plans (SIPs) is a smart way to build wealth over time. You are 45 years old, working in a private job, and can invest Rs. 3,000 in 4 SIPs for 5 years. Your risk appetite is moderate, and you need to plan for your children's studies, their weddings, and your retirement. Let's break down how you can achieve these goals with a well-planned investment strategy.

Understanding Your Financial Goals
Children’s Education and Weddings

Education expenses are significant and can increase over time. Weddings are also major financial commitments. You need investments that grow steadily.

Retirement Planning

Retirement planning requires a balance of growth and stability. You need to ensure you have enough funds to sustain your lifestyle.

The Benefits of SIPs
Disciplined Investing

SIPs encourage regular investing. This discipline is crucial for long-term wealth creation.

Rupee Cost Averaging

SIPs help in averaging the purchase cost of mutual funds over time. This reduces the impact of market volatility.

Compounding Power

Investing regularly and staying invested helps in compounding returns. The longer you stay invested, the more your money grows.

Allocating Your Investments
Let's explore how to allocate Rs. 3,000 in each of the 4 SIPs. Given your moderate risk appetite, we'll focus on a mix of equity and hybrid funds.

Equity Mutual Funds
Large-Cap Funds

Large-cap funds invest in well-established companies with a proven track record. They offer stability and reasonable returns.

Mid-Cap Funds

Mid-cap funds invest in medium-sized companies. They offer a balance of growth potential and risk.

Advantages of Equity Funds

Growth Potential: Equity funds have the potential for high returns.
Inflation Protection: They help in beating inflation over the long term.
Liquidity: Easy to redeem when needed.
Risks of Equity Funds

Market Volatility: Returns can fluctuate based on market conditions.
Investment Horizon: Requires a longer investment horizon for significant returns.
Hybrid Mutual Funds
Balanced Advantage Funds

These funds invest in a mix of equity and debt. They offer stability with the potential for growth.

Multi-Asset Allocation Funds

These funds invest in multiple asset classes like equity, debt, and gold. They provide diversification and balanced risk.

Advantages of Hybrid Funds

Diversification: Invest in a mix of asset classes.
Moderate Risk: Balance between growth and stability.
Flexibility: Fund managers can adjust the asset allocation based on market conditions.
Risks of Hybrid Funds

Lower Returns: Compared to pure equity funds, returns may be lower.
Management Risk: Fund managers' decisions impact performance.
Suggested SIP Allocation
Given your investment horizon and moderate risk appetite, here’s a suggested allocation:

SIP 1: Large-Cap Fund

Invest Rs. 3,000 in a large-cap fund. These funds offer stability and consistent returns, making them ideal for long-term goals like retirement.

SIP 2: Mid-Cap Fund

Invest Rs. 3,000 in a mid-cap fund. These funds provide a good balance of growth potential and risk, suitable for children's education and wedding expenses.

SIP 3: Balanced Advantage Fund

Invest Rs. 3,000 in a balanced advantage fund. These funds offer a mix of equity and debt, providing moderate risk and stable returns.

SIP 4: Multi-Asset Allocation Fund

Invest Rs. 3,000 in a multi-asset allocation fund. These funds provide diversification across multiple asset classes, balancing risk and returns.

Monitoring and Adjusting Your Portfolio
Regular Reviews

Review your portfolio every six months. Assess the performance of each fund and make adjustments if needed.

Annual Rebalancing

Rebalance your portfolio annually. Ensure your investments align with your financial goals and risk tolerance.

Staying Informed

Stay updated with market trends and economic conditions. This helps in making informed decisions about your investments.

The Power of Compounding
Long-Term Growth

Investing regularly through SIPs harnesses the power of compounding. Your investments grow over time, providing substantial returns.

Example

If you invest Rs. 3,000 in each SIP for 5 years, your total investment is Rs. 7,20,000. With compounding, this amount can grow significantly over the next 10 years.

Disadvantages of Direct Funds
Lack of Guidance

Investing directly without a Certified Financial Planner (CFP) means you miss out on professional advice. This can lead to poor investment choices.

Time-Consuming

Managing direct investments requires time and effort to research and monitor.

Emotional Decisions

Without professional guidance, you might make impulsive decisions during market volatility.

Benefits of Investing through MFD with CFP
Personalized Advice

A Certified Financial Planner (CFP) offers personalized advice tailored to your financial goals.

Professional Management

CFPs provide ongoing management and review of your portfolio.

Peace of Mind

Having a professional manage your investments reduces stress and ensures you stay on track.

Tax Planning
Tax Benefits of SIPs

Investing in Equity Linked Savings Schemes (ELSS) offers tax benefits under Section 80C. Consider allocating a part of your investment to ELSS for tax savings.

Tax on Capital Gains

Be aware of the tax implications on capital gains. Long-term capital gains (LTCG) tax applies after holding the investment for over a year.

Insurance and Emergency Fund
Life Insurance

Ensure you have adequate life insurance coverage. This provides financial security to your family in case of unforeseen events.

Health Insurance

Invest in a comprehensive health insurance policy. This covers medical expenses and safeguards your savings.

Emergency Fund

Maintain an emergency fund equal to 6-12 months of your expenses. This provides a financial cushion during unexpected situations.

Final Insights
Starting your SIP investment journey with a clear plan and diversified approach is commendable. By allocating Rs. 3,000 in each of the 4 SIPs across large-cap, mid-cap, balanced advantage, and multi-asset allocation funds, you balance growth potential with stability.

Regular monitoring, rebalancing, and staying informed ensures you stay on track to achieve your long-term financial goals. Investing through a Certified Financial Planner provides personalized advice and professional management, enhancing your investment experience.

Your disciplined approach and strategic planning will lead to a secure financial future. Stay committed, stay informed, and keep your long-term goals in sight.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

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Ramalingam

Ramalingam Kalirajan  |7290 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 18, 2024

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Hi I am 43, having salary of Rs. 55k per month. Want to invest in SIP of Rs. 5k for 17 years. Pls suggest for long term.
Ans: You are 43 years old and want to invest Rs. 5k per month in a SIP for 17 years. This is a wise decision for building a substantial corpus over time.

Benefits of SIP
Disciplined Investing: SIP encourages regular savings.
Rupee Cost Averaging: Invests a fixed amount regularly, reducing the impact of market volatility.
Compounding Benefits: Long-term SIPs benefit from the power of compounding.
Recommended Investment Strategy
1. Actively Managed Mutual Funds
Professional Management: Managed by experts to optimize returns.
Flexibility: Adapt to market conditions and select best-performing stocks.
Diversification: Invest in a variety of sectors to spread risk.
2. Portfolio Diversification
Equity Funds: For higher returns, suitable for long-term goals.
Debt Funds: Lower risk, providing stability and consistent returns.
Balanced Funds: Combine equity and debt for moderate risk and return.
3. Regular Monitoring
Annual Review: Monitor your investments and make necessary adjustments.
Market Trends: Stay informed about market conditions to tweak your portfolio.
4. Professional Guidance
Certified Financial Planner: Seek advice from a certified financial planner for a tailored investment plan.
Goal Setting: Align investments with your financial goals for better results.
Analytical Insights
Long-Term Growth
Compounding: The longer the investment, the greater the compounding effect.
Market Performance: Equity markets tend to outperform other assets over the long term.
Risk Management
Diversification: Spreading investments across different funds reduces risk.
Active Management: Professional managers can adapt to market changes, reducing potential losses.
Key Considerations
Investment Horizon: 17 years is a good period for long-term investments.
Risk Appetite: Determine your risk tolerance before choosing funds.
Financial Goals: Clearly define your financial objectives and align your investments accordingly.
Final Insights
Investing Rs. 5k per month in a SIP for 17 years is a wise decision. Opt for actively managed mutual funds for better returns and professional management. Diversify your portfolio with a mix of equity, debt, and balanced funds. Regularly monitor your investments and seek professional guidance to align with your financial goals. This disciplined approach will help you build a substantial corpus over time.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

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Ramalingam

Ramalingam Kalirajan  |7290 Answers  |Ask -

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

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I want to invest ?5k monthly SIP for 17 years for long term investments. Pls advice
Ans: Investing Rs 5,000 monthly in a SIP for 17 years is a wise decision. It is crucial to ensure that your investment strategy aligns with your long-term goals. Let’s evaluate and plan accordingly.

Importance of Long-Term Investments
Compounding Benefits: Long-term investments maximize the power of compounding.

Market Volatility: Longer horizons mitigate short-term market fluctuations.

Goal Achievement: Helps in achieving significant financial goals.

Investment Strategy
Equity Mutual Funds

High Growth Potential: Suitable for long-term wealth creation.

Professional Management: Managed by experts for better returns.

Actively Managed Funds

Benefits: Potential for higher returns than index funds.

Expertise: Managed by experienced fund managers.

Diversification

Asset Allocation: Diversify across different sectors and market caps.

Risk Management: Spreads risk and reduces the impact of market volatility.

Regular Monitoring
Annual Reviews

Performance Check: Regularly review fund performance.

Rebalancing: Adjust portfolio to align with changing market conditions.

Additional Investments
Increase SIP Amount

Income Growth: As your income grows, increase your SIP amount.

Enhanced Corpus: Higher contributions will result in a larger corpus.

Systematic Transfer Plan (STP)

Risk Mitigation: Gradually move from equity to debt funds as you near your goal.

Stability: Ensures stability of your investments.

Financial Discipline
Consistency

Regular Investment: Ensure timely and consistent SIP contributions.

Long-Term Vision: Stay invested despite market fluctuations.

Benefits of Using a Certified Financial Planner
Expert Guidance

Personalized Advice: Tailored investment strategies based on your goals.

Continuous Support: Regular updates and adjustments to your investment plan.

Disadvantages of Index Funds
Lower Flexibility

Fixed Portfolio: Less flexibility in changing market conditions.

Potential Underperformance: May underperform actively managed funds.

Benefits of Regular Funds
Professional Management

Expertise: Managed by professionals with extensive market knowledge.

Higher Returns: Potential for better returns compared to direct funds.

Final Insights
Stay Invested: Maintain your investments for the full tenure to maximize returns.

Professional Help: Consider working with a certified financial planner.

Regular Review: Monitor and adjust your portfolio as needed.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

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Dr Nagarajan Jsk

Dr Nagarajan Jsk   |183 Answers  |Ask -

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

Asked by Anonymous - Nov 19, 2024Hindi
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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.

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Dr Nagarajan Jsk

Dr Nagarajan Jsk   |183 Answers  |Ask -

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

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Dr Nagarajan Jsk

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Ramalingam

Ramalingam Kalirajan  |7290 Answers  |Ask -

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Equity provides inflation-adjusted returns over time.

Debt funds and fixed instruments safeguard against equity market volatility.

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

Best Regards,
K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

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Kanchan

Kanchan Rai  |444 Answers  |Ask -

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

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

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

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

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

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

...Read more

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T S Khurana

T S Khurana   |260 Answers  |Ask -

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T S Khurana   |260 Answers  |Ask -

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T S Khurana

T S Khurana   |260 Answers  |Ask -

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Ramalingam

Ramalingam Kalirajan  |7290 Answers  |Ask -

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

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

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

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

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

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

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

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

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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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