Hello Team, I am investing via SIP in axis Small cap 1000 pm, axis bluechip fund direct paln growth 1500pm, Mirae Asset aggreasive fund 1000pm, parag parikh flexi cap 1000pm, canara small cap 2000pm, quant small cap 2.5k pm, PGIM india midcap 1000pm. Please review my funds. Should i need any changes in my SIPs. My view is for 15 years. I am investing since 2019..

Ans: It's commendable that you've been consistently investing in SIPs over the past five years towards your financial goals. Here are some suggestions to help you achieve your target of accumulating 1.5 crores in the next 10 years:
1. Review Portfolio Allocation: Evaluate your current portfolio allocation and ensure it aligns with your risk tolerance and investment objectives. Since you have exposure to mid-cap, flexi-cap, multi-cap, and small-cap funds, ensure adequate diversification across market segments.
2. Regular Monitoring: Regularly monitor the performance of your SIPs and the funds in your portfolio. Keep track of any changes in fund management, investment strategy, or market conditions that may affect your investments.
3. Consider Increasing SIP Amount: Given your goal of accumulating 1.5 crores in 10 years, you may need to consider increasing your SIP amount to accelerate wealth accumulation. Calculate the required monthly SIP amount based on your expected rate of return and investment horizon to reach your target corpus.
4. Explore Tax-saving Investments: Consider exploring tax-saving investment options like Equity Linked Savings Schemes (ELSS) to optimize tax benefits while also working towards your financial goal. ELSS funds have a lock-in period of three years and offer the potential for long-term wealth creation.
5. Stay Invested for the Long Term: Maintain a disciplined approach to investing and stay invested for the long term to benefit from the power of compounding. Avoid making emotional decisions based on short-term market fluctuations and focus on your long-term financial objectives.
6. Regular Financial Reviews: Conduct regular financial reviews with a Certified Financial Planner (CFP) to assess your progress towards your financial goals, make necessary adjustments to your investment strategy, and ensure you're on track to achieve your target corpus.

By following these steps and staying committed to your investment plan, you can work towards achieving your goal of accumulating 1.5 crores in the next 10 years.

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

Ans: Hello Why. Thank you for connecting with us. It is good to know that you are considering the USA for your further studies. However, let me tell you that people from non-tier 1 undergraduate colleges regularly get admitted to these colleges for graduate school. Going further, the reason why you see more IIT graduates being admitted to MIT or Stanford is not because they get preference, but because they’re on average much stronger academically than people from lesser institutions, both in terms of their innate capability as well as the effort they put in over the course. The factors that matter for admission are your GPA, GRE score, recommendations, research, and Statement of Purpose (SOP). GPA and GRE are basically used as cutoffs, while the other criteria are used to decide who gets admitted after the cutoff. As long as you have the same scores and quality of work as an “IIT student," you need not worry. Note that since your college curriculum and fellow students are likely to be much weaker than those at IITs, you will need to work on your own to do much more than your college academics. Upon doing so, you will be able to get summer internships with IIT professors, which will put you in the same standing as IIT students in terms of your application.
In fact, only a small portion of IIT students get admitted to MIT or Stanford since, obviously, there aren’t enough seats for all of them. So even if you’re strong in all the criteria, there is an element of luck, so you can expect to get admitted to some of the top 10 colleges and not to others. However, you will get admitted to some for sure if you’re good enough.

For any further queries, please get in touch with us. We have a team of expert counsellors who can guide you through any concerns or questions you may have.

Ans: Hello Sriram. Thank you for contacting us. It is good to hear that you are considering Australia as your dream destination for a better future. Let me tell you that pursuing a master’s and gaining hands-on experience have their advantages and disadvantages. It would be good if you pursued your master’s in Cybersecurity from a renowned Australian university like the University of Melbourne, the Australian National University, or the University of New South Wales. The mentioned universities not only offer comprehensive education but also focus keenly on Cybersecurity. This provides in-depth theoretical and practical knowledge in the field. A master’s degree can enhance your knowledge, broaden your career prospects, and open doors to advanced roles in Cybersecurity. On the other hand, hands-on experience is valuable when it is more practical and gives a real-world learning approach. After doing your master’s, you have chances of getting internships at major Cybersecurity firms, tech companies, government agencies, and IT companies. It is advised to consider your goals, weigh down the pros and cons of living and working in Australia, and make a choice accordingly.

For any further queries, please get in touch with us. We have a team of expert counsellors who can guide you through any concerns or questions you may have.

Ans: Hello Nergesh. Thank you for connecting with us. It is good to hear that your daughter has been pursuing her physiotherapy (BPT) degree from KLE College, Belgavi. Willing to pursue a master’s degree abroad is indeed a good decision to consider. Let me tell you that Australia, the United Kingdom, Canada, the USA, the Netherlands, and New Zealand are highly recommended nations for your daughter. Each of the mentioned countries has its own unique advantages and offerings that your daughter can carefully consider in order to find the best fit for her academic and career goals. Additional factors include programme reputation, faculty expertise, research opportunities, and career opportunities.It would be good if you let us know if your daughter has a specific country in mind from which she wishes to pursue her higher studies. Our expert team will contact you soon.

For any further queries, please get in touch with us. We have a team of expert counsellors who can guide you through any concerns or questions you may have.

Ans: To save tax on long term capital gain; you can invest gain amount to acquire house property and get exemption u/s 54. As per section 54, if you want to buy a residential house property from long term capital gain from sale of house property then you must buy the residential house property 1 year before or 2 years from date of such transfer of shares or construct the house property within 3 years from date of transfer of such property.

If you purchased ready flat (not constructed house property / not booked under construction house property with builder) 1 year before the date of transfer, you will be eligible for tax exemption

Ans: It's great to see your commitment to long-term investing and your goal of building a substantial corpus over the next 15 years. Here are some suggestions to enhance your mutual fund portfolio and work towards achieving your financial goal:
1. Diversification: While you have a diversified portfolio across various categories, consider adding exposure to other asset classes like international funds, thematic funds, or debt funds to further diversify your portfolio and reduce risk.
2. International Funds: Explore investing a portion of your portfolio in international funds to gain exposure to global markets and potentially benefit from their growth opportunities. International funds can provide diversification benefits and hedge against currency risk.
3. Thematic Funds: Consider allocating a small portion of your portfolio to thematic funds that focus on specific sectors or themes with growth potential, such as technology, healthcare, or consumption. Thematic funds can offer the opportunity for higher returns but come with higher risk.
4. Debt Funds: Given your long-term investment horizon, consider including debt funds in your portfolio for stability and capital preservation. Debt funds can provide a hedge against market volatility and generate steady returns over time.
5. Regular Review: Regularly review your portfolio's performance, asset allocation, and investment strategy to ensure they align with your financial goals and risk tolerance. Make adjustments as needed based on changing market conditions and personal circumstances.

As for your goal of achieving a corpus of 3-5 crore in the next 15 years, it's certainly achievable with disciplined investing, consistent SIP contributions, and a well-diversified portfolio. However, it's essential to regularly monitor your progress and make any necessary adjustments along the way to stay on track towards your financial objectives.
For personalized advice tailored to your specific financial situation and goals, consider consulting with a Certified Financial Planner (CFP) who can provide comprehensive financial planning services and help optimize your investment strategy.

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

Ans: Hi Gaurav,

I understand your feelings,emotions and disappointment.
It's not you alone but so many youth falling for the enticement of cushy govt. job's which actually have so many applicants, too few opportunities. Finally left in the middle of no where!

Every year more graduates are churned out than Bhelpuris ...so now what , look into your degree speciality, what's your ability and aptitude.

The advice is to get a good not more than 2 page resume and send your resume to potential job opportunities that appeal to you!

Ans: It's great to hear that you've taken the initiative to start investing through SIPs for your financial future. Here's a plan to consider for the next decade of investing:

Assess Current Investments: Begin by evaluating your existing SIPs and their performance. Review the funds' track records, returns, and consistency. Determine if any adjustments or rebalancing are needed based on your risk tolerance and investment goals.
Diversification: Consider diversifying your investment portfolio across different asset classes such as equity, debt, and possibly other alternative investments like gold or real estate investment trusts (REITs). Diversification helps reduce risk and enhances the potential for returns.
Risk Management: As you approach your investment horizon, gradually shift towards a more balanced portfolio with a mix of equity and debt funds. This can help mitigate potential market volatility while still aiming for growth.
Goal Setting: Identify your financial goals for the next decade, including retirement planning, children's education, or any other major milestones. Determine the required corpus for each goal and the timeframe available for achieving them.
Professional Guidance: Consider seeking advice from a Certified Financial Planner (CFP) who can provide personalized financial planning services tailored to your needs and objectives. A CFP can help you create a comprehensive financial plan, optimize your investment portfolio, and navigate through various financial decisions.
Regular Review: Stay actively involved in monitoring your investments and review your financial plan periodically, at least annually or as needed. Make adjustments based on changes in your financial situation, market conditions, and evolving goals.

As for connecting with a Certified Financial Planner, you can reach out to me through my website to schedule a consultation or discuss your financial planning requirements further. I'll be happy to assist you in creating a customized financial plan to achieve your long-term financial goals.

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

Ans: Here's a guideline on career options in BSc Life Sciences.

Biomedical engineer
Biochemist
Biotechnologist
Bio-Chemical Engineer
Epidemiologist
Laboratory Technician
Microbiologist
Pharmaceuticals
Clinical Research Associate
Nutritionist
Agriculture
Bioinformatician
Biophysicist
Ecologist
Environmental Science
Molecular Biologist
Pathologist
Pharmacologist
Researcher
Beverage industry
Botanist
Biologist
Conservationist

Take a decision based on your aptitude and ability to pursue a particular option that appeals to you.