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Ajit Mishra | Answer |Ask -Follow

Answered on Mar 11, 2022

Question by GEORGE on Mar 11, 2022Hindi

Money

I am a new investor & looking at investing in stocks over a long term. I would like to invest in shares of companies across sectors. Do you recommend one time investment or systematic monthly investment? Kindly suggest the companies to invest in.

Ans: You can invest in Banking – Axis bank and ICICI Bank; Pharma – Biocon; Auto – M&M and Bajaj Auto; FMCG – Britannia and Godrej CP; Consumer Durables – Polycab and V-Guard; Cement – Ramco Cements and JK Lakshmi; Telecom – Bharti Airtel; IT – Birlasoft.

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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Ajit Mishra | Answer |Ask -Follow

Answered on Dec 08, 2020

Question by ASHWANI - Dec 08, 2020Hindi

Money

Pls advise on following shares . Investing on long term basis.

Name of Share	Qty	Average Cost Price
HDFC Bank Ltd	100	915.9	Hold
Indian Hotels Company Ltd	100	142.91	Hold for atleast 2-3 years
Indian Oil Corporation	200	77.59	Hold
Infosys Ltd	100	647.42	Hold
Yes Bank	5000	14.52	Exit
Havells	100	644.68	Hold
Indian Oil Corporation	1510	165.97	Hold

Gaurav Garg | Answer |Ask -Follow

Answered on Nov 25, 2020

Question by Dr. - Nov 25, 2020Hindi

Money

I have the following stocks. Kindly give your opinion. I AM planning to invest rs.10000 every month. Which stock can I prefer for that?

Bajaj finance 25@ 3320: Is in a bullish trend, can touch 3750 then 3950.
Aarti drug 120@ 720 after bonus: Down trend, if support 615 breaks then 520 can touch, if sustains and breaks resistance 700 then can touch 810.
HUL 40@ 2250: Down trend, if support 2000 breaks then 1840 can come, resistance at 2200.
HINDUSTAN AERONAUTICS LIMITED 80@ 1030: Bearish trend, can touch 620 then 500.
DEEPAK FERTILIZER 200@ 180: Taking support of 135, If breaks then 120 can come, if sustains above then 175 can touch.
TATA POWER 300@ 61: Taking support of 50 if breaks then 45 can touch. If sustains then 57-63
GMM FAUDLER 5@5700: Bearish trend, if breaks 3450 then 3250 can touch
ALKYL AMINE 10@3150: Bearish trend, if breaks support 2850 then 2600 can touch.
DIXON 20@ 9165: Up trend, resistance at 9650, if breaks then 10000 can touch.
VINATI ORGANICS 50@ 1250: Bearish trend, if breaks support 1150 then 1085 then 990 can touch.
ASTRAL POLY 60@1130: support is 1060, if breaks then 1000 can come
COFORGE 20 @ 2350: Bearish trend, if support 2050 breaks then 1900 can touch.
LIC HF 75@ 280: Sideways movement, if resistance 320 breaks then 350 can come.
ICICI BANK 75@ 395: Bullish trend, broke the resistance, next is 475 if breaks then 500 can test.
HCL TECH 30@ 860: Down trend, if breaks support 780 then 730 can come.
MINDTREE 35 @1390: Sideways trend, support id 1220, Resistance is 1470.
WIPRO 50@ 343: If support 330 breaks then 315 can touch.
LT INFO 10@ 3200: Taking support of 2800, if sustains then 3150 can touch.
LAURAS LAB 150 @310: Bearish trend, can touch 270 then 250.
DR REDDY 15@ 5450: If support 4820 breaks then 4700 can come, if sustains and turns then 5100 then 5250 can touch.
ADANI GREEN 45 @ 703: Up trend, resistance level 900, if breaks then 1000 can come.
TV 18 NETWORK 1000@ 31.20: Bearish trend, if support 27 breaks then 25-22 can touch.
PI INDUSTRIES 10 @ 1980: Bullish trend, no resistance, can hold with support sl 2140.
BEL 100@ 110: Taking support of 86, If breaks then can touch 80.
ASTRA MICEOWAVE PRODUCT'S 100 @ 114: Bearish trend, if support of 103 breaks then 95-86 can touch.

Ajit Mishra | Answer |Ask -Follow

Answered on Mar 31, 2022

Question by Shyam - Mar 31, 2022Hindi

Money

Wish to invest in following stocks for long term (3 to 5 Years). Kindly advise about above stocks and a good entry level.

Company	Recommendation
Tata Elxsi	Hold
Policab india	Hold
Tatva Chintan Pharma	Hold
Titan Company	Hold

Hemant Bokil |77 Answers |Ask -Follow

Financial Planner - Answered on Jan 09, 2023

Question by Man - Jan 09, 2023Hindi

Money

Hello Sir. I am quite new to investments in the share market. If i am looking for an investment period of 5 years which sectors would you recommend to invest in. Also for a new investor would you recommend that i start only with the well-known companies or can i try lesser known ones as well or what kind of mix (70:30 for eg) would you recommend. My aim is to have some disposable income for lifestyle needs while my investments in other avenues cover areas like retirement, health etc.

Ans: Hi Man ! for a new comer in equity market the best route to taste success is via Mutual Funds. For a 5 year horizon you can choose Flexi cap Portfolio where you get everything from mid to small to large caps. Sectors to be selected means choosing sectoral mutual funds which are high risk high rewards products. I believe Banking and IT sectors are good for 5 years. Ratio of investments can be 40% flexi cap and 60 % sectoral funds to meet lifestyle goals , though he entire portfolio will have tilt towards High Risk.

Anil Rego |340 Answers |Ask -Follow

Financial Planner - Answered on Aug 29, 2023

Asked by Anonymous - Aug 18, 2023Hindi

Money

Which is the best systematic investment plan for long term

Ans: It is very difficult to generalise, without understanding your risk profile. You can use a combination of large, mid and small cap funds. Large cap funds like Nippon India Largecap/HDFC Top 100, Midcap funds like HDFC Midcap and SBI Magnum Midcap and small cap funds like Sundaram Small Cap

Latest Questions

Ramalingam Kalirajan |1420 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Question by Aamir - Apr 02, 2024Hindi

Money

Hello Sir. I'm 34, married and currently employed in Govt. sector with ~90k gross salary. Present investments include LIC policies worth 60k/year in me and my spouse's name, LIC policy worth 70k/year in my 3 yo daughter's name, PLI 70k/year, NPS 1.20 lac/year, mutual funds with value worth 5.8 lac, PPF with value at 80k and several other small investments. I live in parent's house and have not invested in land/house anywhere. I don't have any loans ongoing and credit card usage is minimal. I have approximately 3 L cash in hand and need to save for purchasing a property in short term. Kindly guide if I am on the right path and what else can I do to make my dream come true. With regards, Aamir

Ans: Dear Aamir,

Thank you for sharing your financial details with me. It's evident that you've made some thoughtful investments and are taking steps towards securing your financial future.

Firstly, I must commend you on your disciplined approach to savings and investment. Your commitment to contributing towards LIC policies, PLI, NPS, mutual funds, and PPF reflects your proactive attitude towards long-term financial planning.

Your decision to live in your parent's house and minimize credit card usage demonstrates a prudent approach to managing expenses and avoiding unnecessary debt. It's essential to maintain this financial discipline to ensure stability and security in the long run.

Now, let's address your goal of purchasing a property in the short term. Given your current cash reserves and investment portfolio, you're in a good position to work towards this objective. Here are some suggestions to help you achieve your dream:

• Continue Investing Wisely: Keep up with your regular contributions towards LIC policies, PLI, NPS, mutual funds, and PPF. These investments will continue to grow over time and provide you with a stable financial foundation.

• Build a Dedicated Property Fund: Since you have a specific goal of purchasing a property, consider creating a separate savings fund specifically earmarked for this purpose. Allocate a portion of your monthly savings towards this fund to accumulate the required down payment.

• Explore Additional Income Opportunities: Look for opportunities to increase your income, such as taking up part-time work, freelancing, or exploring alternative investment options. Additional income streams can accelerate your savings and help you reach your goal faster.

• Research Property Options: Start researching potential properties in your desired location and price range. Consider factors such as location, amenities, future appreciation potential, and financing options before making a decision.

• Review and Adjust: Regularly review your financial plan and make adjustments as needed based on changes in your circumstances or goals. Stay informed about market trends and investment opportunities to optimize your portfolio.

Remember, achieving financial goals requires patience, perseverance, and strategic planning. Stay focused on your objectives, and don't hesitate to seek professional guidance if needed.

Wishing you all the best in your journey towards purchasing your dream property!

Ramalingam Kalirajan |1420 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Question by Kumar - Apr 02, 2024Hindi

Money

Sir I want to invest 1 lac in gold for 5 years. Pl suggest me where I should invest.Regards Kumar Rajesh

Ans: Dear Kumar Rajesh,

Thank you for reaching out with your query about investing in gold. It's great to see your interest in diversifying your investment portfolio.

Investing in gold can be a prudent strategy to hedge against economic uncertainties and preserve wealth over the long term. Let's explore some options for investing in gold:

• Gold ETFs (Exchange-Traded Funds): These are mutual fund schemes that invest in physical gold bullion. They offer the convenience of buying and selling gold units through the stock exchange.

• Gold Savings Funds: These funds invest in gold ETFs and may also allocate a portion of their assets to debt instruments. They offer the flexibility of SIPs (Systematic Investment Plans) for regular investments.

• Sovereign Gold Bonds (SGBs): Issued by the Reserve Bank of India (RBI), SGBs are government securities denominated in grams of gold. They offer a fixed interest rate along with the potential for capital appreciation linked to the price of gold.

• Physical Gold: You can also consider investing in physical gold in the form of coins, bars, or jewelry. However, keep in mind the associated storage and security concerns.

When deciding where to invest your 1 lakh for 5 years, consider factors such as liquidity, convenience, and your risk appetite. Each investment option has its pros and cons, so it's essential to choose one that aligns with your financial goals and preferences.

Remember to conduct thorough research and consult with a financial advisor if needed to ensure you make an informed decision. Investing in gold can be a valuable addition to your investment portfolio, providing diversification and stability.

Best wishes on your investment journey!

Ramalingam Kalirajan |1420 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Question by Rahul - Mar 30, 2024Hindi

Money

UNDER SECTION 80DDB deductible for senior citizens? Amount allowed as a deduction . How many years this benefit can be availed for different disease by senior Citizen ?

Ans: let me break down your queries about Section 80DDB in a simple and understandable manner:

• Section 80DDB provides deductions for medical expenses incurred by individuals, including senior citizens, for specified diseases.

• For senior citizens (those aged 60 years or above), the deduction allowed under Section 80DDB is up to INR 1 lakh.

• The diseases for which this deduction can be claimed include specified illnesses such as cancer, chronic renal failure, Parkinson's disease, etc.

• The deduction is available for the expenses incurred on the treatment of these diseases for self or dependent family members.

• To avail the deduction, a prescription from a specialist doctor is required, specifying the disease and the treatment.

• The deduction can be claimed for expenses incurred for the treatment of the specified diseases either for the individual or a dependent family member.

• The benefit under Section 80DDB can be availed for each financial year in which the expenses are incurred.

• There is no limit on the number of years this benefit can be availed, as long as the individual continues to incur medical expenses for the specified diseases.

In conclusion, Section 80DDB provides valuable tax benefits for senior citizens facing medical challenges, offering relief from the financial burden of treatment expenses. It's essential to keep records of medical bills and prescriptions to claim the deduction accurately.

Ramalingam Kalirajan |1420 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Asked by Anonymous - Apr 02, 2024Hindi

Money

I have an investment of Rs. 91790 at Aditya Birla Sun Life Frontline Equity Fund whose current valuation is Rs. 189491, which is currently giving me a XIRR at around 19-20%. But as the Expense Ratio of the fund is quite high, i.e. more than 1 %, would you suggest me to switch the fund, or what should I do?

Ans: Considering the high expense ratio of the Aditya Birla Sun Life Frontline Equity Fund, it's prudent to evaluate whether the returns generated justify the expenses incurred. Here are a few factors to consider when deciding whether to switch your investment:

Expense Ratio Comparison: Compare the expense ratio of the Aditya Birla Sun Life Frontline Equity Fund with similar funds in the same category. If you find other funds with lower expense ratios and comparable performance, it may be worthwhile to consider switching.
Performance Analysis: Evaluate the fund's performance relative to its benchmark index and peer group. If the fund consistently underperforms its benchmark and peers, despite the high expense ratio, it may indicate inefficiency in fund management.
Risk Profile: Assess your risk tolerance and investment objectives. If you're comfortable with the current level of risk and the fund's performance meets your expectations, you may choose to continue holding the investment despite the higher expense ratio.
Tax Implications: Consider the tax implications of switching funds, especially if you've held the investment for a significant period. Selling units may attract capital gains tax, so weigh the potential tax liability against the benefits of switching to a lower-cost fund.
Fund Manager Track Record: Evaluate the track record and expertise of the fund manager. A skilled and experienced fund manager may justify a slightly higher expense ratio if they consistently deliver superior returns over the long term.
Exit Load: Check if there are any exit loads associated with redeeming units from the fund. Exiting the investment prematurely may result in additional costs if exit loads apply.
Alternative Investment Options: Explore alternative investment options within the same asset class or category that offer lower expense ratios without compromising on performance or risk.
Ultimately, the decision to switch funds should be based on a comprehensive analysis of various factors, including performance, expenses, risk, and tax implications. If you're unsure about the best course of action, consider seeking advice from a financial advisor who can provide personalized guidance based on your individual financial goals and circumstances.

Ramalingam Kalirajan |1420 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Asked by Anonymous - Mar 29, 2024Hindi

Money

i sold my property for 20 lacs, is it taxable for this year(2024- 2025), since i am a NRI, how much amount I have to pay as capital gain?. How to avoid this capital gain tax, Since i am planning to purchase a new property this year(2024) or 2025 using this money(gained from the property sold recently). Please advice

Ans: As an NRI, any capital gains arising from the sale of property in India are subject to taxation under the Income Tax Act, 1961. Here's how the taxation works and some strategies to minimize your tax liability:

Tax on Capital Gains: The capital gains tax is calculated based on the profit earned from the sale of the property. The gain is classified as either short-term capital gains (STCG) or long-term capital gains (LTCG), depending on the holding period of the property.
STCG: If the property is held for less than 24 months (two years), the gains are treated as short-term capital gains and taxed at your applicable slab rate.
LTCG: If the property is held for 24 months or more, the gains are treated as long-term capital gains. For NRIs, LTCG on the sale of property is taxed at a flat rate of 20%, with indexation benefits available.
Indexation Benefit: Indexation allows you to adjust the purchase price of the property for inflation, thereby reducing the taxable capital gains. This helps in minimizing the tax liability on long-term capital gains.
Exemptions and Deductions: Under Section 54 of the Income Tax Act, you can claim an exemption from LTCG tax if you invest the proceeds from the sale of the property in another residential property within a specified period. The exemption is available if the new property is purchased within one year before or two years after the sale, or within three years for under-construction properties. The entire amount of LTCG or the cost of the new property, whichever is lower, is eligible for exemption.
Capital Gains Account Scheme (CGAS): If you are unable to reinvest the proceeds from the sale immediately, you can deposit the gains into a Capital Gains Account Scheme (CGAS) with a designated bank. The amount deposited in the CGAS must be utilized for purchasing a new property within the specified time frame to claim the exemption.
Tax Consultation: Since tax laws can be complex and subject to change, it's advisable to consult with a tax advisor or chartered accountant specializing in NRI taxation. They can provide personalized advice based on your specific situation and help you navigate the tax implications effectively.
By planning your property transactions strategically and leveraging available tax-saving provisions, you can minimize your capital gains tax liability and maximize your returns from the sale of property.

Ramalingam Kalirajan |1420 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Question by Ajay - Apr 02, 2024Hindi

Money

Investments as here under - per year ( this is for me alone, similar numbers for wife as well ) Mutual Funds 750k, EPF 576k, NPS 290000, Insurance premium including Term insurance 90k, Shares and Golds around 10 lakh, Sukanya Smriddhi 1 lakh, PPF 1 lakh. Assets Mutual Funds and Stocks - 1.5 crores ( both wife and I ) 2 Houses - valued at around 5 crores ( jointly owned ) Liabilities Principal Outstanding for both the houses - 1.4 crores EMI of around Rs 1.8 lakhs per month , which wife and I service jointly. Total take home for both is about 5.5 lakhs per month. We have one daughter who is 6. Focus is to pay off the loans asap and retire with liquid investments of around 7 crores. We are both 38 at the moment. Please guide.

Ans: Thank you for sharing your financial details. It's great to see that you're actively managing your investments and planning for the future. Here are some suggestions based on your situation:

Loan Repayment Strategy: Since your focus is to pay off the loans as soon as possible, consider allocating a significant portion of your surplus income towards loan repayment. You can also explore options like increasing your EMI amount or making lump-sum payments whenever possible to accelerate the repayment process.
Asset Allocation: Review your asset allocation to ensure it aligns with your financial goals and risk tolerance. Since you have substantial investments in mutual funds, stocks, and real estate, ensure diversification across asset classes to minimize risk.
Retirement Planning: Aim to achieve your target of liquid investments worth 7 crores for retirement. Consider increasing your contributions to EPF, NPS, and mutual funds to accelerate wealth accumulation. Regularly review your retirement portfolio's performance and make necessary adjustments to stay on track.
Emergency Fund: Ensure you have an adequate emergency fund equivalent to at least 6-12 months' worth of expenses. This fund should be easily accessible and kept in liquid assets like savings accounts or short-term fixed deposits.
Insurance Coverage: It's great that you have term insurance in place. Review your insurance coverage periodically to ensure it meets your family's needs, especially considering your daughter's future education and other expenses.
Estate Planning: Given your significant assets, consider consulting with a legal advisor to draft a comprehensive estate plan that includes wills, trusts, and other arrangements to protect your assets and ensure they are distributed according to your wishes.
Regular Review: Periodically review your financial plan, taking into account any changes in your income, expenses, goals, or market conditions. Make adjustments as needed to stay on track towards achieving your objectives.
Remember, financial planning is a journey, and it's essential to stay disciplined and patient. By following a well-thought-out plan and making informed decisions, you can work towards achieving your financial goals and securing a comfortable future for your family.

Ramalingam Kalirajan |1420 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Asked by Anonymous - May 06, 2024Hindi

Money

Iam 45 years of age i have sip of 22000 and total corpus is 49 lac till date my Target is 3 Crore by 2036 how much more should I invest to achieve my Target

Ans: It's great that you're planning ahead for your financial future. To determine how much more you need to invest to reach your target of 3 Crore by 2036, we'll need to consider several factors:

Investment Horizon: You mentioned that your target is to reach 3 Crore by 2036. This gives us a timeline of 15 years from now.
Expected Returns: While historical returns can give an indication, it's essential to be realistic about future returns. Depending on the asset allocation of your investments, you can estimate an average annual return.
SIP Contribution: You're currently investing 22,000 per month through SIPs, which is a good start. We'll need to calculate how much additional monthly investment is required to reach your target.
Inflation: Consider the impact of inflation on your target amount. Adjusting for inflation will ensure that your target amount maintains its purchasing power over time.
Review and Adjust: Regularly review your investment portfolio and adjust your contributions if necessary based on changes in your financial situation, market conditions, and progress towards your goal.
Without specific details about your current SIP investments, expected returns, and inflation rate, it's challenging to provide an exact figure for additional investment required. However, you can use online SIP calculators or consult with a financial advisor to determine the optimal investment amount to reach your target.

Remember, achieving long-term financial goals requires consistency, patience, and disciplined investing. Stay focused on your objectives, monitor your progress regularly, and make adjustments as needed to stay on track towards your target.

Best wishes for your financial journey!

Ramalingam Kalirajan |1420 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Asked by Anonymous - May 06, 2024Hindi

Money

Hello Sir, I'm having 8lakh in MF including Large Cap, Flexi and Small Cap. Currently my deduction is 25000. I'm planning to invest 100000 from August onwards. My monthly expense is 80000 including rent. No loan. My age is 30, I want financial independence by 45. How to invest and how much should I invest in upcoming years.

Ans: You're making a commendable effort towards achieving financial independence at a relatively young age. Here's a plan to help you reach your goal:

Increase SIP: Increasing your SIP amount from 25,000 to 1,00,000 is a significant step towards accelerating your wealth accumulation. It shows your commitment to achieving financial independence.
Diversification: Continue investing across different categories like Large Cap, Flexi Cap, and Small Cap funds to ensure diversification and mitigate risk. Diversification helps spread risk across various assets, reducing the impact of market volatility.
Asset Allocation: Consider your risk tolerance and investment horizon when determining the allocation across different asset classes. As you have a long investment horizon (15 years), you can afford to take a relatively aggressive approach with a higher allocation to equity funds.
Regular Review: Periodically review your portfolio to ensure it remains aligned with your financial goals and risk tolerance. Adjust your investment strategy if needed based on changes in your financial situation or market conditions.
Emergency Fund: Ensure you have an adequate emergency fund covering 6-12 months of living expenses. This fund provides a financial cushion in case of unexpected events like job loss or medical emergencies, allowing you to continue your investments without disruption.
Financial Planning: Consider consulting with a certified financial planner to create a comprehensive financial plan tailored to your goals, risk tolerance, and investment horizon. A professional can provide personalized advice and strategies to help you achieve financial independence by 45.
As for how much to invest in upcoming years, it depends on factors like your income growth, changes in expenses, and investment performance. Continuously reassess your financial situation and adjust your investment contributions accordingly to stay on track towards your goal.

Remember, achieving financial independence requires discipline, patience, and a long-term perspective. Stay focused on your goals, remain committed to your investment plan, and continue learning about personal finance along the way.

Best wishes for your journey towards financial independence!

Ramalingam Kalirajan |1420 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Asked by Anonymous - May 06, 2024Hindi

Money

I am doing monthly SIP of 10000 in this fund Quant Small Cap fund-5000 Balanced advantage fund-5000 Can i build a corpus of 80 lks to 1 CR with this amount till retirement, say 55/60yrs

Ans: Absolutely, you're on the right track with your SIP investments. Here's how you can potentially reach your target corpus:

Consistent Investing: By contributing Rs. 10,000 per month through SIPs, you're consistently investing over time, which can help you benefit from the power of compounding.
Quant Small Cap Fund: Investing Rs. 5,000 monthly in a small-cap fund can offer higher growth potential over the long term, although it comes with higher volatility. Small-cap funds tend to perform well over extended periods but may experience fluctuations in the short term.
Balanced Advantage Fund: Allocating Rs. 5,000 per month to a balanced advantage fund provides a more balanced approach to investing, combining equity and debt instruments to manage risk while aiming for stable returns.
Time Horizon: With a long-term investment horizon until retirement (age 55 or 60), you have the advantage of compounding working in your favor. The longer you stay invested, the greater the potential for your investments to grow.
Market Conditions: It's essential to remain invested through market ups and downs, as trying to time the market can be challenging and may lead to missed opportunities. Stay committed to your investment strategy and focus on the long term.
Regular Review: Periodically review your investment portfolio to ensure it remains aligned with your financial goals and risk tolerance. Consider adjusting your SIP amounts or investment strategy if needed to stay on track towards your target corpus.
While it's challenging to predict exact returns, especially in the volatile world of equity investments, with disciplined investing and a well-diversified portfolio, you have a good chance of achieving your target corpus of 80 lakhs to 1 crore by the time you retire.

Remember, investing is a journey, and staying committed to your financial goals, along with regular monitoring and adjustments, will increase your chances of success.

If you need personalized advice or assistance with your investment strategy, consider consulting with a certified financial planner who can provide tailored recommendations based on your specific financial situation and goals.

Best wishes for your investment journey and future financial success!

Patrick Dsouza |211 Answers |Ask -Follow

CAT, XAT, CMAT, CET Expert - Answered on May 06, 2024

Asked by Anonymous - May 03, 2024Hindi

Career

I am a bcom general graduate with 73.52% in 2022, after that i taken gap years for mba entrance preparation but not able to crack or get desired percentile in any. Currently in 2024 i am repeating again for mba entrances to secure admission in 2025. I have no work or internships experience, no awards or certifications. I got 51.17 in 12th commerce and 54.71 in 10th. I got only a digital marketing beginner certification by google digital garage earlier on 2023. Currently i taken a digital marketing course from udemy of digital marketing to hone and develop the required skills I have been searching and applying for jobs since graduating but not able to get any desired one. Now i want to get into a good mba college tier 2 because may not eligible for tier 1 and 1.5 as per my profile but i will try anyways. So for that i need to make my profile good and need certifications and jobs or internships. I interest in sales, marketing, more but also Hr domain. But nowadays i am only getting Inssurance sales, bpo, telecaller or telemarketer, Kpo, sustomer support type jobs of around avg salary of 150000 pa. Which a 12th pass candidate also getting. I often thinks to get into bpo to gain experience and money to fill my profile and manage preparation expenses but also fear that what if i get stuck in that industry. I wanted to do mba to enchance and start my career in a management role to achieve a leadership role in upcoming years as a professional in sales and marketing industry. I don't know, i think i am stucked and lost in spiral web between situations and aspiration. I also thinking to get into banking or try govt. Exams to secure a job but i also feel that it will distract me more from my real life goals. I was not a great student or person earlier but now i am changed i know my responsibilities and i know my goals but i want a clear view to walk on that path. Please help with your genuine guidance. THANK YOU

Ans: You can write MBA entrance exams but simultaneously try and get some experience. Even if you do not get job in the area of your interest, try to look for other areas that could interest you where you can get some work ex. Internship usually does not have much value during admission to B schools.

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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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