I have Adani Wilmar shares @ Rs.835/-, please advise.

Ans: To qualify for the OBC NCL quota, you must provide an OBC-NCL certificate. Therefore, it is essential that you approach the relevant authority to obtain this certificate. If you have enough time before the deadline, you can apply for it now. However, if you're pressed for time, you can also apply later and present the certificate during the admission process.
While filling out the application form, make sure to include all necessary details and attach any relevant documents. If you overlook these steps, you might encounter the same issues again. Please strive to avoid such mistakes in the future.

Ans: Hello;

Self PF contribution 12% of Basic +DA=720/-

Employer contribution to PF 3.67% of Basic+DA=~220/-

Total PF contribution per month=~940/-

Best wishes;

Ans: Hello;

It is recommended that you close personal loans first and then opt for home loan.

All loan EMIs shouldn't exceed 35-40% of your in-hand monthly income.

Best wishes;

Ans: Hello;

EPS closes at 58 but you may keep contributing to pf as long as you stay in active employment.

You will get interest on all your contributions. No need to worry.

Ensure entire 12% of employer contribution is credited to your pf account.

Best wishes

Ans: Hi,
Yes, you can provide a bank account number, but it must be in the candidate's name. To avoid any confusion, please submit one of the following ID details:

- Class 12 admit card with photograph
- Passport number
- Ration card number

Ans: Hi,
I believe you have completed your degree in medicine.
To join the postgraduate program, the following must be considered:
- Faculty
- Infrastructure
- Bed occupancy rate.
If all three are satisfactory, then you can obviously join the course.

Ans: Hello;

Please file FIR with cyber cell(helpline no. 1930)/local Police immediately.

Inform RBI and SBI about the fraud and seek help for refund.

Please be vey careful and cautious.

Never share your personal details, OTP etc on public platforms and phone calls/messages.

Best wishes;

Ans: Hello Mr. Binoy Bhusan Dutta,

Yes, you can start an IT/software or e-commerce company without deep technical knowledge. Many successful entrepreneurs come from non-technical backgrounds but succeed by building the right team and focusing on business strategy. First, define your business model—whether you want to develop software, provide IT services, or run an online store. Research the market and competitors to identify opportunities. Some of the key considerations before starting an IT/software or e-commerce company are as follows:

Since technology is not your strength, hiring the right people is very important. A technical co-founder or CTO can handle the tech side, while developers, designers, and marketers will help build and grow the business. If hiring a full-time team is expensive, you can outsource work to freelancers or agencies. At the same time, learning basic technology concepts through online courses will help you make informed decisions.

Plan your funding and investment wisely. Software businesses require skilled developers and cloud infrastructure, while e-commerce needs inventory, logistics, and online marketing. Decide if you will self-fund or seek investors. Also, register your company under the right legal structure (LLP, Pvt. Ltd.) and obtain necessary licenses like GST and MSME registration.

To make operations smoother, use automation tools for marketing, sales, and customer support. For software businesses, ensure compliance with data protection laws, and for e-commerce, follow consumer protection and payment regulations. Your role as a founder is to build a strong team, define a vision, and manage business strategy. With the right approach, you can succeed in IT or e-commerce without being a tech expert. Let me know if you need guidance on specific steps like business registration, hiring, or funding.

Ans: Your financial planning approach is thoughtful. You are already investing in stocks but seek stability and regular income. A balanced investment strategy will help you achieve Rs 40,000 per month while keeping risks low.

Understanding the Income Requirement
You need Rs 40,000 per month, which is Rs 4.8 lakhs per year.

The invested amount should generate 6-8% annual returns without capital risk.

A mix of mutual funds, fixed-income instruments, and debt options can ensure stability.

The focus should be on capital protection and consistent income flow.

Diversified Investment Approach
1. Systematic Withdrawal Plan (SWP) in Debt-Oriented Mutual Funds

SWP ensures a steady monthly payout while keeping capital invested.

Debt-oriented funds offer low volatility and better returns than FDs.

It is tax-efficient compared to other income options.

Withdraw only the required amount to keep capital growth intact.

2. Monthly Income Plans (MIPs) in Hybrid Mutual Funds

These funds combine debt and equity for stable returns.

They generate moderate growth while ensuring monthly payouts.

These funds are managed by experienced professionals for better allocation.

3. Corporate Bonds and Government Securities

Corporate bonds offer fixed interest payouts with better returns than FDs.

Government-backed bonds ensure capital safety and steady income.

Choose bonds with AAA ratings for low risk.

4. Senior Citizen Savings Scheme (SCSS) and Post Office Monthly Income Scheme (POMIS)

SCSS is a government-backed scheme with quarterly interest payouts.

POMIS ensures fixed monthly income for five years.

Suitable if you want a zero-risk component in your portfolio.

5. Dividend-Paying Mutual Funds

These funds provide regular dividend payouts without selling capital.

Ideal for those looking for consistent passive income.

Choose actively managed funds for better performance.

Suggested Portfolio Allocation
SWP in Debt Mutual Funds – Rs 15 Lakhs (Rs 15,000 per month)

Hybrid Mutual Funds (MIP) – Rs 10 Lakhs (Rs 10,000 per month)

Corporate Bonds / G-Secs – Rs 7 Lakhs (Rs 7,000 per month)

SCSS / POMIS – Rs 5 Lakhs (Rs 5,000 per month)

Dividend-Paying Mutual Funds – Rs 3 Lakhs (Rs 3,000 per month)

Key Considerations
? Liquidity Needs – Keep some funds easily accessible.

? Taxation Awareness – SWP and bond income are taxable.

? Risk Management – Diversification protects capital.

? Periodic Review – Adjust investments based on market conditions.

? Investment Mode – Invest through a Certified Financial Planner (CFP) for expert guidance.

Finally
A diversified approach will help you generate Rs 40,000 per month with low capital risk. This ensures steady income, capital protection, and long-term sustainability.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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