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Ambareesh

Ambareesh Baliga  | Answer  |Ask -

Stock Market Expert - Answered on Feb 05, 2023

Ambareesh Baliga has 35 years of experience in different facets of the Indian equity market. In his long career, he has headed businesses in wealth management, fund management, corporate advisory, investment banking, retail finance and stock broking. Currently an independent strategy advisor to ultra high networth individuals and family offices, he regularly features as an expert on CNBC, CNBC Awaaz, NDTV and Zee Business. In the past, Baliga has worked with organisations such as Price Waterhouse, Kotak, Karvy, Way2Wealth and Edelweiss.... more
Prasanna Question by Prasanna on Feb 01, 2023Hindi
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Good evening Ambareesh, is the finance minister's target of fiscal deficit at 4.5% of GDP by 2025-26 realistic and 5.9pc for 2023-24 even as the figure stood at 6.4pc in 2022-23? Is this budget capital-market friendly?

Ans: The Budget Figures this time around were quite pragmatic and believe it's achievable. The budget was neutral and mildly positive for the market directly. The biggest fear of tinkering with the Capital Gains Tax was unfounded - thus a big relief for the markets. Pushing tax payers to the new regime would mean lesser forced savings - so flows from that angle to ELSS schemes will reduce - but that's marginal . With spend on infra and related - it will mean economic growth and higher employment - which is good for the markets in the longer run. When a budget is solely meant for the capital markets - it's called a "Dream Budget" but now a days budgets have become a non-event - the effect doesn't last beyond a few days - and it's natural that in these times - important changes/policies/announcements happen outside the budget. (Disclaimer : The views given are personal. Please consult your CA or Investment Advisor/Tax Consultant before acting on my views)
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  |8092 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Mar 03, 2025

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Sir Iam a government employee currently my portfolio is Sbi smallcap fund7000 Dsp small cap fund 7000 Motilal Oswal midcap7000 Edelweiss mid cap 7000 Sbi contra7000 Quant flexi cap7000 All these are D/G for next 15 years with a step up of 10,% year Kindly review my portfolio
Ans: Your portfolio is well-structured, but it needs some improvements for better diversification and risk management. Let us evaluate your investment choices and suggest necessary changes.

Asset Allocation and Risk Analysis
? Your portfolio is heavily tilted towards small-cap and mid-cap funds.

? Small-cap and mid-cap funds can offer high returns but come with high volatility.

? You need some large-cap exposure for stability.

? A balanced portfolio should have a mix of large-cap, mid-cap, small-cap, and flexi-cap funds.

? Adding more flexi-cap or large-cap funds will reduce downside risks.

? Since you are a government employee, a moderate risk approach is better.

? Continue investing with a long-term view, but rebalance yearly.

Diversification Assessment
? Too many funds in the same category – Your portfolio has multiple small-cap and mid-cap funds.

? This leads to overlap in holdings and does not add extra benefit.

? A well-diversified portfolio should have different fund categories for better risk-adjusted returns.

? Consider reducing exposure to similar funds and adding more large-cap or balanced funds.

? Having a mix of growth and value-oriented funds will help in different market conditions.

Step-Up SIP Strategy Evaluation
? A 10% yearly step-up is a great strategy to increase investments.

? This helps in compounding wealth faster and maintaining purchasing power.

? Ensure your future income growth supports this step-up.

? If required, you can reduce the step-up percentage based on your financial commitments.

Portfolio Rebalancing Recommendations
? Reduce overlapping funds – Having multiple funds in the same category does not provide extra benefits.

? Increase large-cap allocation – This will reduce portfolio volatility and provide steady growth.

? Retain some flexi-cap exposure – This allows fund managers to shift across market caps.

? Consider a balanced approach – A mix of large-cap, mid-cap, small-cap, and flexi-cap will be better.

? Review performance every year – Ensure that all funds are meeting your expectations.

Final Insights
? Your investment approach is disciplined, but some adjustments are needed.

? Reduce the number of overlapping small-cap and mid-cap funds.

? Add large-cap funds for stability and risk management.

? Continue with step-up SIPs, but adjust based on financial conditions.

? Review your portfolio once a year to ensure proper asset allocation.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

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

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Nayagam P

Nayagam P P  |4311 Answers  |Ask -

Career Counsellor - Answered on Mar 10, 2025

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Can My Son Get NIT Or CSE With 88.87percentile in JEE Mains (GM)? Obc Ncl category
Ans: Pramod Sir, Here is, How to Predict Your Chances of Admission into NIT or IIIT or GFTI After JEE Main Results – A Step-by-Step Guide

Once the January JEE Main session results was declared, many students and JEE applicants started asking common questions about eligibility for specific institutes (NITs, IIITs, GFTIs, etc.) based on their percentile, category, preferred branch, and home state.

Providing precise admission chances for each student can be challenging. Some reputed educational websites offer ‘College Predictor’ tools where you can check possible college options based on your percentile, category, and preferences. However, for a more accurate understanding, here’s a simple yet effective 9-step method using JoSAA’s past-year opening and closing ranks. This approach gives you a fair estimate (though not 100% exact) of your admission chances based on the previous year’s data.

Step-by-Step Guide to Check Your Admission Chances Using JoSAA Data
Step 1: Collect Your Key Details
Before starting, note down the following details:

Your JEE Main percentile (Convert percentile into Rank withe help of a formula available in Google).
Your category (General-Open, SC, ST, OBC-NCL, EWS, PwD categories)
Preferred institute types (NIT, IIIT, GFTI)
Preferred locations (or if you're open to any location in India)
List of at least 3 preferred academic programs (branches) as backups (instead of relying on just one option)
Step 2: Access JoSAA’s Official Opening & Closing Ranks
Go to Google and type: JoSAA Opening & Closing Ranks 2024
Click on the first search result (official JoSAA website).
You will land directly on JoSAA’s portal, where you can enter your details to check past-year cutoffs.
Step 3: Select the Round Number
JoSAA conducts five rounds of counseling.
For a safer estimate, choose Round 4, as most admissions are settled by this round.
Step 4: Choose the Institute Type
Select NIT, IIIT, or GFTI, depending on your preference.
If you are open to all types of institutes, check them one by one instead of selecting all at once.
Step 5: Select the Institute Name (Based on Location)
It is recommended to check institutes one by one, based on your preferred locations.
Avoid selecting ‘ALL’ at once, as it may create confusion.
Step 6: Select Your Preferred Academic Program (Branch)
Enter the branches you are interested in, one at a time, in your preferred order.
Step 7: Submit and Analyze Results
After selecting the relevant details, click the ‘SUBMIT’ button.
The system will display Opening & Closing Ranks of the selected institute and branch for different categories.
Step 8: Note Down the Opening & Closing Ranks
Maintain a notebook or diary to record the Opening & Closing Ranks for each institute and branch you are interested in.
This will serve as a quick reference during JoSAA counseling.
Step 9: Adjust Your Expectations on a Safer Side
Since Opening & Closing Ranks fluctuate slightly each year, always adjust the numbers for safety.
Example Calculation:
If the Opening & Closing Ranks for NIT Delhi | Mechanical Engineering | OPEN Category show 8622 & 26186 (for Home State), consider adjusting them to 8300 & 23000 (on a safer side).
If the Female Category rank is 34334 & 36212, adjust it to 31000 & 33000.
Follow this approach for Other State candidates Option also and different categories.
Pro Tip: Adjust your expected rank slightly lower than the previous year's cutoffs for realistic expectations during JoSAA counseling.

Can This Method Be Used for JEE April & JEE Advanced?
Yes! You can repeat the same steps after your April JEE Main results to refine your admission possibilities.
You can also follow a similar process for JEE Advanced cutoffs when applying for IITs.

Want to Learn More About JoSAA Counseling?
If you want detailed insights on JoSAA counseling, engineering entrance exams, and preparation strategies, check out EduJob360’s 180+ YouTube videos on this topic!

Hope this guide helps! All the best for your Son's admissions!

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Aamish

Aamish Dhingra  |13 Answers  |Ask -

Life Coach - Answered on Mar 10, 2025

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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