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Jinal

Jinal Mehta  | Answer  |Ask -

Financial Planner - Answered on Feb 25, 2024

Jinal Mehta is a qualified certified financial professional certified by FPSB India. She has 10 years of experience in the field of personal finance.
She is the founder of Beyond Learning Finance, an authorised education provider for the CFP certification programme in India.
In addition, she manages a family office organisation, where she handles investment planning, tax planning, insurance planning and estate planning.
Jinal has a bachelor's degree in management studies. She also has a diploma in in financial management from NMIMS, Mumbai.
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Rahul Question by Rahul on Feb 13, 2024Hindi
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Please review my portfolio parag Parikh flexicap, Sbi mid cap & Axis small cap fund each with 5k total 15k per month sip for 25 year's and 10 percent step up every year I want 10 crores for my retirement is this portfolio Good or should I change my funds or add more funds..? My age is 33 years ????

Ans: The funds look okay to me. I cant just guarantee you that you will surely get 10 cr at retirement as equity investments are subject to market risks.
Asked on - Mar 02, 2024 | Not Answered yet
Do I need more funds to add in my portfolio or should I change my portfolio..?
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

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Ramalingam

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Mutual Funds, Financial Planning Expert - Answered on May 26, 2024

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Please review my portfolio Parag Parikh flexicap, Sbi mid cap & Axis small cap fund each with 5k total 15k per month sip for 25 year's and 10 percent step up every year I want 10 crores for my retirement, is this portfolio Good or should I change it or add more funds..? My age is 33 years ????
Ans: Your investment portfolio and plan show a commendable commitment to long-term wealth creation. Your choice of funds and the systematic investment plan (SIP) strategy are well thought out. Let's review your portfolio, analyze its strengths, and see if any adjustments or additions might benefit your retirement goal of Rs. 10 crores.

Portfolio Overview
Flexicap Fund

A flexicap fund is a versatile choice that invests across market capitalizations. This flexibility allows the fund manager to optimize the portfolio based on market conditions, providing a balanced exposure to large, mid, and small cap stocks.

Mid Cap Fund

Mid cap funds invest in medium-sized companies, offering a good balance between growth and stability. These funds have higher growth potential than large caps and are less volatile than small caps.

Small Cap Fund

Small cap funds target companies with smaller market capitalizations, which can deliver significant returns over the long term. However, they come with higher risk and volatility compared to mid and large caps.

Strengths of Your Portfolio
Diversification

Your portfolio is well diversified across different market capitalizations. This spread helps in balancing risk and maximizing returns. Diversification is a key principle in investment management, reducing the impact of poor performance in any one segment.

Systematic Investment Plan (SIP)

SIPs are a disciplined way to invest regularly, irrespective of market conditions. This strategy benefits from rupee cost averaging, where you buy more units when prices are low and fewer units when prices are high, averaging out the cost over time.

Step-Up SIP

A 10% annual step-up in your SIP amount is a smart move. It ensures your investment amount increases in line with your income, helping to achieve your financial goals faster by leveraging the power of compounding.

Evaluating Your Retirement Goal
You aim to accumulate Rs. 10 crores over 25 years, starting at age 33. Given your current investment plan and the annual step-up, this goal is ambitious but achievable with the right portfolio management and market conditions.

Potential Adjustments and Recommendations
Maintain Flexibility

Your portfolio already includes a flexicap fund, which provides flexibility to adjust based on market trends. Ensure the fund manager's strategy aligns with your long-term goals.

Consider Sectoral Exposure

While your portfolio is well diversified across market caps, you might want to check its sectoral exposure. Diversifying across different industries can further reduce risk and improve returns.

Periodic Review and Rebalancing

Regularly review your portfolio's performance and rebalance if necessary. This ensures your asset allocation remains aligned with your risk tolerance and financial goals. Rebalancing involves adjusting the weightage of your investments to maintain the desired asset mix.

The Importance of Actively Managed Funds
Active Management

Actively managed funds can outperform indices by leveraging fund managers' expertise. They have the flexibility to adjust portfolios based on market conditions and opportunities, which can potentially lead to higher returns compared to index funds.

Market Responsiveness

Active fund managers can quickly respond to market changes, mitigate risks, and seize opportunities. This agility can be particularly beneficial in volatile markets, ensuring better risk management and potentially higher returns.

Regular vs. Direct Funds
Benefits of Regular Funds

Investing through a Mutual Fund Distributor (MFD) with CFP credentials offers professional guidance. This can be invaluable, especially for long-term goals like retirement. MFDs can help with portfolio selection, rebalancing, and staying on track with your financial plan.

Comprehensive Support

Regular funds often come with additional services such as easier transaction processes and personalized financial advice. This support can save time and provide peace of mind, knowing your investments are being managed by professionals.

Monitoring and Adjustment
Stay Informed

Stay updated on market trends and economic indicators. Understanding market dynamics helps in making informed investment decisions and adjusting your strategy if needed.

Long-Term Perspective

Maintain a long-term perspective, focusing on your retirement goal. Market fluctuations are normal; patience and discipline are essential for successful long-term investing.

Professional Guidance

Engaging a Certified Financial Planner (CFP) can add immense value. A CFP can provide personalized advice, ensuring your investments are aligned with your financial goals and risk tolerance.

Conclusion
Your current portfolio and investment strategy are well-aligned with your retirement goal of Rs. 10 crores. The combination of flexicap, mid cap, and small cap funds provides a balanced approach, leveraging the growth potential of different market segments. The 10% annual step-up in your SIP is a smart strategy to enhance your investment over time.

Regular monitoring, rebalancing, and staying informed about market trends are crucial to maintaining a robust investment portfolio. Engaging a Certified Financial Planner can provide additional guidance and support, helping you stay on track to achieve your financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Hi,my son has got 96% in his icse class 10 exams this year.he is not inclined towards a career in sciences (b.tech/med).he has thus opted for commerce and maths.with an initial inclination towards finance and mathematics we have shortlisted ipm and law and enrolled him for a coaching for ipm.would he be able to prepare for clat as well along with ipm.and with 96 % how are his chances to clear both ?
Ans: Yes, your son can prepare for both CLAT and IPM exams simultaneously, especially given his ICSE score. With a 96% score, he has a strong chance of success in both exams. CLAT and IPM share some common ground, which could make preparation more manageable.
Preparation for both CLAT and IPM:
CLAT:
CLAT requires a strong foundation in English comprehension, logical reasoning, quantitative reasoning, and legal reasoning. IPM exams also test similar skills.
IPM:
IPM exams focus on quantitative ability, analytical reasoning, and verbal reasoning. CLAT also assesses these skills.
Overlap:
The core skills tested in both exams, such as quantitative reasoning, verbal reasoning, and logical reasoning, provide common ground for preparation. Your son's coaching for IPM can help him develop a solid foundation in these areas.
Legal Reasoning:
CLAT specifically requires legal reasoning, which is not part of IPM. Your son can focus on preparing for this section separately.
Scheduling:
Balancing preparation for both exams requires careful planning. He can allocate specific time slots for each exam's preparation.
Chances of Clearing Both:
IPM:
With a 96% ICSE score, your son has a strong chance of clearing IPM exams. His high marks indicate a strong aptitude for quantitative reasoning and problem-solving.
CLAT:
CLAT is a highly competitive exam, but with his current scores, your son has a very good chance of clearing CLAT.
Factors affecting success:
Preparation efforts, effective time management, and consistency in studying will play a crucial role in determining success in both exams.
Tips for Preparation:
Structured Approach:
A structured study plan that includes regular practice, mock tests, and detailed analysis of mistakes will be beneficial.
Mock Tests:
Regular mock tests for both CLAT and IPM will help him assess his progress and identify areas for improvement.
Time Management:
Developing effective time management skills is crucial for balancing preparation for both exams.
Focus on Fundamentals:
Ensure he has a strong foundation in the core subjects of both exams.
Practice:
He should solve a variety of questions and practice problems to build confidence and improve his speed and accuracy.
Best of luck. Professor

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Career Counsellor - Answered on May 15, 2025

Asked by Anonymous - May 14, 2025
Career
Hello sir, I'm a DASA student applying to IIITH for the 2025-26 batch. My current curriculum is the NSW HSC from Australia, which includes Mathematics and Physics but not Chemistry. IIITH requires Maths, Physics, and Chemistry for DASA eligibility, and I need to figure out how to add Chemistry.I've been looking into taking Chemistry through NIOS (National Institute of Open Schooling), AP or IB board but I'm concerned because IIITH's brochure specifies that the subjects must be completed "outside India". I've emailed IIITH for clarification, but I'm still waiting for a response. Is this acceptable for DASA?
Ans: It is unlikely that IIIT Hyderabad would accept NIOS Chemistry for DASA eligibility because the DASA brochure states that the subjects must be completed outside India. Since NIOS is an Indian board, it does not meet this requirement. However, you could consider taking AP or IB Chemistry to meet the requirements, as these are often recognized as international qualifications. It's best to wait for IIITH's response to your email for official clarification.
Elaboration:
DASA Requirements:
DASA (Direct Admissions for Students Abroad) at IIIT Hyderabad requires applicants to have completed 11th and 12th grades or equivalent outside India, with a minimum of 60% marks in Physics, Chemistry, and Mathematics.
NIOS and IIITH:
While NIOS is a recognized board in India, it's unlikely to be accepted for DASA at IIITH because the DASA brochure specifies that the subjects must be completed outside India.
AP or IB Chemistry:
You could consider taking AP or IB Chemistry through a foreign board to fulfill the requirement for Chemistry. These are often recognized as international qualifications.
Waiting for IIITH's Response:
Since you've already emailed IIITH, it's advisable to wait for their response to your query for official clarification on whether NIOS Chemistry would be accepted.

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Career Counsellor - Answered on May 15, 2025

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Dear Sir, My age is 33 year now. I was working in financial sector for 5year as a recovery agent. I have done intermediate in Arts and Diploma in mechanical engineering. Passed out in 2012. Now i want to change my job sector to technical line. I have no experience before in technical line. Please guide me which technical job will be best suitable for me And What Salary Range Should i expect?.
Ans: For you AMIE ( Mechanical) will be the best option. You will be equivalent to B.E./B.Tech Mechanical. The details are given below.
The AMIE (Associate Member of the Institution of Engineers) exam is a professional qualification in engineering, equivalent to a B.E./B.Tech. degree. It's conducted by the Institution of Engineers (India) (IEI) and is offered as a distance learning program. The exam is held twice a year, in June and December.
Exam Structure:
Stage I (Section A): Focuses on fundamental engineering subjects.
Stage II (Section B): Covers a specific branch of engineering like Civil, Electrical, or Mechanical.
Eligibility:
Educational Qualification:
Candidates must have completed a recognized course of study in engineering or technology.
Age:
No upper age limit, but candidates must be at least 18 years old on the first day of the examination.
Other:
Indian citizens or foreign nationals with at least two years of residence in India.
Exam Pattern:
The exam is based on multiple-choice questions (MCQs).
It can be taken online (CBT) or offline (PBT).
Benefits:
Becoming a graduate engineer with the same qualification as a B.E./B.Tech. degree.
Recognized by government and private sectors.
Least expensive compared to traditional degree programs.
Application Process:
Download the application form from the IEI website.
Fill out the form and attach the required documents.
Pay the application fee.
Submit the application form along with the fee.

But since you did the recovery work in Finance sector you are totally detached from Mechanical Engineering. So it is not possible to say what kind of job you will get and what will be your salary.

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Dr Nagarajan J S K

Dr Nagarajan J S K   |393 Answers  |Ask -

NEET, Medical, Pharmacy Careers - Answered on May 14, 2025

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I'm preparing for Neet and wanted to take a drop but my parents wanted me to do something with it like a partial Drop......And right now I'm totally confused what to do and what not.........i think I should take BSC zoology in private colleges , can anyone suggest me something..........
Ans: Hi Prirhvi,

Based on your query, there are two main issues to consider:

1. You want to take a break (which may be partial or full).
2. You want to pursue a BSc in Zoology.

Before making any decisions, take some time to think and analyze your situation.

Firstly, evaluate your marks in the HSC and your recent NEET exam scores (if you have appeared for NEET 2025). If you have completed both exams, focus on turning your weaker subjects into strengths. Be prepared to answer any questions someone may pose. Without this preparation, taking a break may not be effective.

Secondly, if you decide to take a gap year, you should not also consider studying another course concurrently, as this could divert your attention and hinder your main goal. Remember, undergraduate courses are semester-based, meaning you will need to manage both NEET preparation and your regular UG courses (including internal exams, semester exams, etc.). Juggling both can be quite challenging.

If you believe it is possible to manage both, I suggest that instead of choosing Zoology for your UG, you consider subjects like Chemistry or Physics. These subjects are foundational and can be better understood through regular UG coursework. Therefore, you should not worry too much about that particular subject. However, it’s not advisable to select Zoology and take a break for NEET preparation at the same time. If you have doubts in Physics or Chemistry, you can seek clarification from your lecturers.

In summary, my suggestion is to concentrate on one goal and work towards achieving it.

BEST WISHES.
POOCHO. LIFE CHANGE KARO.

...Read more

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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