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Ramalingam Kalirajan |2770 Answers |Ask -Follow

Mutual Funds, Financial Planning Expert - Answered on May 10, 2024

Ramalingam Kalirajan has over 23 years of experience in mutual funds and financial planning.
He has an MBA in finance from the University of Madras and is a certified financial planner.
He is the director and chief financial planner at Holistic Investment, a Chennai-based firm that offers financial planning and wealth management advice.... more

Asked by Anonymous - May 10, 2024Hindi

Money

I have Rs 1lac as savings with me. How do I invest it?

Ans: Investing your savings wisely is crucial for your financial future. With Rs 1 lac, there are various options to consider. Let's assess them:

Firstly, consider your goals. Are you saving for short-term needs or long-term goals like retirement? This will guide your investment choices.

For short-term goals, consider low-risk options like fixed deposits or debt mutual funds. These offer stability and liquidity, ensuring your money is safe and accessible when needed.

For long-term goals, like retirement, you can explore equity mutual funds. They offer the potential for higher returns over the long term, albeit with more volatility. As a Certified Financial Planner, I can guide you in selecting funds aligned with your risk tolerance and goals.

Avoid real estate as it requires substantial capital and has liquidity issues. Additionally, steer clear of index funds, which may not suit your investment preferences.

Regular funds through a Mutual Fund Distributor offer personalized advice and ongoing support, unlike direct funds. This ensures your investments are managed efficiently and adapted to changing market conditions.

Remember, diversification is key to mitigate risks. Spread your investment across different asset classes like equity, debt, and gold to balance risk and returns.

Lastly, stay informed and review your investments regularly to make necessary adjustments.

Investing wisely now can pave the way for a financially secure future. Best of luck on your investment journey!

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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 Dinesh - Oct 26, 2023Hindi

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i have 1.5 lakhs, where to invest & how much to invest

Ans: Please give some more details as to for how long you wish to invest

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Mutual Funds, Financial Planning Expert - Answered on May 15, 2024

Asked by Anonymous - May 08, 2024Hindi

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I have 2 lakhs saving now, where i investment

Ans: That's great! Having Rs. 2 lakhs saved is a fantastic first step. Now, let's explore how to invest it wisely to grow your wealth.

Understanding Your Goals

The best investment option depends on your goals. Here are some questions to consider:

Short-Term Goal (less than 3 years): Are you saving for something specific soon?
Long-Term Goal (more than 3 years): Are you saving for retirement or a big purchase?
Short-Term vs. Long-Term Investing

Short-Term Goals: For short-term needs, prioritize stability. Fixed deposits or debt funds offer lower risk and predictable returns.

Long-Term Goals: For long-term goals, consider equity mutual funds. They have the potential for higher growth but can be more volatile in the short term.

Actively Managed Expertise

Actively managed funds have experienced fund managers who make investment decisions to try and outperform the market. This approach can be beneficial compared to passively managed funds, which simply mirror an index.

Benefits of a CFP

A Certified Financial Planner (CFP) professional can create a personalized plan for you. They can help you:

Choose the Right Investment: Select an option that aligns with your goals and risk tolerance.
Start an SIP: Set up a Systematic Investment Plan (SIP) for regular investing and benefit from rupee-cost averaging.
Regular Plan vs Direct Plan

Regular plans with a CFP professional can offer some advantages over direct plans. A CFP can:

Save on Costs: Help you potentially minimize investment expenses.
Stay on Track: Guide you through market ups and downs to keep you invested.
Remember:

Investing is smart, but there's no one-size-fits-all answer. A CFP can create a plan considering your goals, risk tolerance, and investment horizon.

Ready to take the first step? Pls discuss your goals with a CFP and find the perfect investment option to grow your Rs. 2 lakhs!

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Dietician, Diabetes Expert - Answered on May 20, 2024

Question by Dinesh - May 15, 2024Hindi

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Hi , My Hba1c is 6.5-6.6 but sugar fasting is 100-110 and PP is varying 120-145 . These results are in same range since 2years .what does it means ? what should be the diet plan ? how to reduce Hba1c ? whether i am a diabetic ?pl suggest

Ans: A normal level for an HbA1c is below 5.7%.. Your level is indicative of diabetes. Normal fasting blood sugar is less than 100 mg/dl and your range of 100-110 mg/dl which suggests prediabetes. Focus on a balanced diet rich in whole grains, lean proteins, healthy fats, and plenty of vegetables. Limit refined sugars, processed foods, and high-calorie snacks. Monitor portion sizes and spread meals throughout the day. Regular exercise helps lower blood sugar levels. Discuss your results with a registered dietician or your family physician.

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Question by Abhishek - May 05, 2024Hindi

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I am 25 now and I had done my graduation in biology (bsc general). Currently working as a biology and chemistry teacher in a school and a coaching institute. want to run my own business in future but feel like I don't have suitable knowledge and most important network for my dream. I love to learn financial terms and knowledge regarding business. I am thinking to prepare for CAT exam , trying best to get IIM. please guide me, can I do this as my background is not so good like I didn't had any unique degree and knowledge?

Ans: Yes it is possible to get into IIMs if you are able to crack CAT. So start preparing for the entrance exams. If you diligently work and get a good percentile, you should be able to get into a good college.

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I am in my final semester of b.com and i want to do prepare for CAT exam but im afraid of gap year .kindly suggest me what can i do as i dont have any job opportunities amd placement from my institute

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Asked by Anonymous - May 17, 2024Hindi

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I am 55 and currently struggling with my career. I lost my job 4 years ago during covid. I have a management diploma and currently working as visiting faculty teaching in management colleges, but the assignments are far few and unpredictable i am also a graguare in engineering and MA in psychology. Kindly suggest if studying some course or masters oibe will help me to get some online assignments for stable flow of income?

Ans: Not sure if doing courses would help you to get a stable income as most companies prefer younger employees. But can look at option of working in a startup / smaller company at a lower salary and then build a profile to help develop skill sets that would make you employable at a higher salary. It could also be possible that you could use your experience in your past work in your new job.

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CAT, XAT, CMAT, CET Expert - Answered on May 20, 2024

Asked by Anonymous - May 17, 2024Hindi

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Hello, I am having 13years+ experience in telecommunications operators & vendors with engineering background.For last few years I have been thinking of doing an mba in relevant field to move forward. Currently I am earning 28lpa & not able to leave my job for full time executive mba. Should I consider for full time via gmat or any online programs from well known b-schools, Would you please suggest..

Ans: If you are already drawing 28 lpa, then leaving a job for doing MBA does not seem to be a good option. But can analyze the placements in these top Executive MBA course. Check if the profiles that they provide are of interest to you. Their average package should be 30+ lpa. Look also at an option of taking a sabbatical from your company to do an executive MBA.

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Question by Sarthak - May 17, 2024Hindi

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Sir ,Iam 22 years old I have completed my b.com from tier 1 University from odisha with8.45 cgpa and currently iam doing m.com from another tier 1 college along with continuing cma(Intermediate) but my aim is to make a career in corporate so,iam desire to do a mba ,but my question is is average mba college give me that opportunity after these courses completion .

Ans: Try to get into a good college. You can do so if you do well in the entrance exams. XIM Bhuvaneshwar is a good college and has preference for students from Odisha, so that can be one of the options. For average MBA college check their placements and talk to the students of that college before deciding to join.

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CAT, XAT, CMAT, CET Expert - Answered on May 20, 2024

Asked by Anonymous - May 18, 2024Hindi

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I am 23years old male living in kolkata and 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. Which colleges should i choose or consider with desired percentile for each as per my profile in Cat, xat, nmat, snap, cmat, Mah cet respectively in 2024 - 2025? Also, mention your valuable tips and insights for me securing to Mba. Please help with your genuine guidance. THANK YOU

Ans: First try to well in the exam. You can decide on the colleges based on your performance in mocks / exam. Regarding job, there are many options available especially in startups. Do go through a placement or recruitment agency if required.

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Question by GD - May 13, 2024Hindi

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Hi Komal! I am 36/male and have height of 178 cm. I used to weight 90 Kgs 8 months back which I have reduced to 80 Kgs 2 months ago by proper diet and workout (walking 7 kms daily to and fro to office). Now my weight reduction has stalled even when I am eating less than my calorie burn. What should I do to keep the weight reduction going on for next 8 Kgs which is the ideal weight according to my height?

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Question by krushna - May 05, 2024Hindi

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What's the best food for good health

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See more questions »

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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