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Nikunj Saraf |308 Answers |Ask -Follow

Mutual Funds Expert - Answered on Mar 01, 2023

Nikunj Saraf has more than five years of experience in financial markets and offers advice about mutual funds. He is vice president at Choice Wealth, a financial institution that offers broking, insurance, loans and government advisory services. Saraf, who is a member of the Institute Of Chartered Accountants of India, has a strong base in financial markets and wealth management.... more

Question by rahul on Feb 16, 2023Hindi

Money

HI I AM RAHUL CHATURVEDI AGE 47 PLS. SUGGEST BEST MUTUAL FUND INVEST MONTHLY 5000 PM

Ans: Hi Rahul. Assuming your time horizon being in range of 3-6 years. You may invest with Large & mid cap and Multicap category In MFs.

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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Question by Biplab - Apr 01, 2023Hindi

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Dear Sir, I can invest monthly Rs.12000/ upto next 20 years . So in which mutual fund I need to invest for my future. Currently I have investing PGIM mid cap Funds monthly around Rs.5000/ So I want to know for better.

Ans: Hello Biplab. Your current investment sounds good. Looking forward to long-run investment, I would advise to invest in Large & Midcap, midcap and Multicap categories.

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Mutual Funds Expert - Answered on Apr 28, 2023

Question by S - Apr 22, 2023Hindi

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Hallo Sir. I am 24 year old living in Bangalore. I want to start investment of 5000 INR per month in mutual funds. Kindly advice a good fund.

Ans: Hello Value Investor. Considering your age factor and requirements, I would suggest to invest in midcap and flexi-cap categories in long run.

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

Asked by Anonymous - Apr 14, 2024Hindi

Money

I am 63 years old retired gov employee. I want to invest in mutual fund around rs 6000. Which one is best mf

Ans: It's commendable that you're thinking about investing at 63. Here's why choosing the "best" mutual fund might not be the answer, and how a Certified Financial Planner (CFP) can help:

Understanding Your Needs:

Retirement Goal: Your investment goal is likely to generate income and preserve your capital. You might have a lower risk tolerance than someone younger.
Role of a CFP:

Personalized Plan: A CFP can consider your retirement income needs, risk tolerance, and existing investments to create a suitable investment plan.

Asset Allocation: They can recommend an asset allocation with a mix of equity and debt funds. Equity funds can offer growth potential, while debt funds provide stability and income. Actively managed funds involve experienced fund managers who try to pick stocks to outperform the market. Actively managed funds come with higher fees compared to passively managed funds.

Benefits of a CFP:

Expert Guidance: They can suggest a variety of mutual funds based on your risk profile and goals.

Ongoing Support: A CFP can monitor your portfolio and make adjustments as needed to keep it aligned with your evolving needs.

Here's Why "One-Size-Fits-All" Doesn't Work:

Risk Tolerance: A younger investor might handle higher risk for potential growth, while you might prioritize capital preservation.

Investment Goals: Your goal is likely income generation, while someone saving for a house might have a different investment horizon.

Remember:

SIP is a Smart Way to Invest: Consider a Systematic Investment Plan (SIP) to invest a fixed amount regularly. Rs. 6,000 per month is a great start!

Review Regularly: Review your portfolio with your CFP (at least annually) to ensure it remains on track.

By consulting a CFP, you can get a personalized plan and potentially invest in a well-diversified portfolio that aligns with your retirement goals!

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Asked by Anonymous - Jul 16, 2024Hindi

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Sir i I completed msc microbiology, my goal is to do research, how can i I achieve my goal ? And what are the other opportunities for me ?

Ans: Hi, since you have completed your master's degree, I suggest seeking a job in the pharmaceutical sector before pursuing research. Gaining experience will better qualify you for research opportunities.

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Question by ASHISH - Jul 22, 2024Hindi

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Sir, My daughter is in 10th this year. She wants to go in research line like microbiology or similar kind. She prefers ICMR Delhi as of now. Please suggest what we should plan? She is not good in math's so already eliminated Carrers related to math's. She is good in Biology but doesn't want to prepare for NEET.

Ans: Hi Ashish,
Greetings.
Microbiology is a common subject in most health sciences courses. Instead of pursuing a Bachelor's in Microbiology, it might be better for her to focus on other health-related courses that will be beneficial for her future. There are still two more years remaining, and her interests may change during this time. It's best to wait for any changes in her interests before making any decisions.

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My daughter has completed and topped in her MPharm in Pharmacology from Manipal University, can she do PhD from abroad?

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Asked by Anonymous - Jul 08, 2024Hindi

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I am 66, worked in sales marketing and warehouse management for over 30 years in Southern African. Retired a year back and came to India. After sitting home for a year found it very difficult, boaring and health loosing, again felt a strong desire in me to do some work, will prefer work from home or out, for 5-6 hrs, again enabling me to spend a health enjoyable and active life. Really feeling very difficult to find a job of my caliber and liking at this age in India. Pls advice

Ans: Sir

I can understand and appreciate your situation... suggest you explore freelancing or join NGO...It will help you keeping yourself engaged

All the best

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Question by Daljit - Jul 06, 2024Hindi

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Sir due to financial problem I have taken admission in aimt a small institute for BCA sir can you advice me. How can I do better inorder for better jobs for future

Ans: Hello

Learn more than what is taught in college...take online courses...

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Question by Shaikh - Jul 06, 2024Hindi

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Sir i am completed 12th science in 2018. I am not continue study . I want to become a data scientist what should i do join the the bootcamp /Institutes and continues to graduate in data science

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You may consider doing data science course from IIT Chennai

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Asked by Anonymous - Jul 25, 2024Hindi

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Hello Sir/Madam, I hope this message finds you well. I am writing this email to seek advice regarding an unresolved issue with my pending salary from my previous employer. Despite leaving the company in May 2023, I have yet to receive my due payments. I have sent numerous reminders through email, WhatsApp messages, and phone calls, and I have also met with them face-to-face twice. It has been a common practice at my previous company to delay the full and final settlement for employees who resign. Timely salary payments have also been an ongoing issue, often requiring follow-up calls every month. Furthermore, the company has not been providing facilities for deducting PF, gratuity, or other employee benefits, which is a total exploitation of employees. Although the company began opening PF accounts last year following government regulations, the overall compliance remains insufficient. Given the company’s established presence in the IT industry for over 30 years and its workforce of more than 100 employees, it is disheartening to experience such treatment. I have served the company for more than 17 years, but they have never paid my salary on time, even though the company is financially sound. I kindly request your advice on how to proceed with this matter. Thank you for your attention and understanding. Sincerely,

Ans: Hello

Suggest you consult a lawyer.

All the best.

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Question by AIJAZ - Jul 21, 2024Hindi

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Iam 35.years of age b. Com graduate but experience in hotel industry but now iam change to IT dept its help me to earn good package in present situation or which course helps me to get this.. Pls help iam confuse

Ans: Hello

While career shift is possible at any age however it comes with its own set of challenges. In case you want to shift to IT...you may take up any of the online courses IIT Chennai has a course in data science you may explore that.

All the best.

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Asked by Anonymous - Jul 21, 2024Hindi

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I am having 12 years of experience as a banker in PSU bank.mostly in credit profile. I want to either switch my banking profile to another sector or do something of my own. Pls suggest courses related to finance and accounts field l. I have done B.Com then MBA in finance (2008) so there is too much gap for studies now. Lastly I passed IBPS for banks in 2012.

Ans: Hello

Suggest you explore role shift in your own bank or explore joining private sector bank.

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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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