Hello Sir, My Son 14 years old studing in 9th Standard has not pay attention in studing, He is sleeping & lazy in all the Periods of School classroom.His body language is very idle & he has very Lazy guy. this is may due to he not eating healty food like, dryfruits, vegetable (eathing Junk Food) instead our so many attempt to do so. Myself & wife do all the attempt to improve him but we are failed in all the attempt. his school marks are only 30 to 40% & we are very much scare that he is going to failed in 9th standared. he also not listing to Teachers & our Advice but only ignore & sometimes arrogant in the argument. we have changes so many classes & private tution to improve in studey & behavour, but all attempts did not work. his only interest in Cricket, watching TV & Mobile. Request to need your valuable advice & tips to make changes in my son.

Ans: To determine how much you need to retire in another 5 years, we'll need to assess your current investments and estimate your future expenses. Here's a rough breakdown:

Current Investments:
Mutual Funds: 27 lac
SBI Life Privilege Plan ULIP: 30 lac
EPF: 45 lac
PPF: 32 lac
Plots: 45 lac
Future Expenses:
Monthly Expenses: 60,000 to 75,000 INR
Retirement Planning:
Estimate your annual expenses in retirement by multiplying your monthly expenses by 12. Let's assume it's 9 lakhs to 11.25 lakhs per year.
Multiply your annual expenses by the number of years you expect to live in retirement. Since you plan to retire at 45 or 47 and may live until 80 or beyond, let's assume you'll need retirement income for 35 to 40 years.
Factor in inflation to adjust for the increasing cost of living over time. A conservative estimate of inflation is 5% per year.
Given these assumptions, you can use a retirement calculator or consult with a financial advisor to determine the lump sum amount you'll need to retire comfortably. They can help you assess your current investments, estimate future expenses, account for inflation, and identify any gaps in your retirement plan. Adjustments may be needed based on your risk tolerance, investment returns, and other factors unique to your situation.

Ans: Hello Rakshita. Thanks for contacting us. It is amazing to hear that you have considered chemical engineering as your field of further study. Let me tell you that chemical engineering has a broad range of opportunities across various industries, thus making the industry a promising career path. In terms of scope, chemical engineering plays a significant role globally. It has a major scope across sectors like pharmaceuticals, petrochemicals, materials science, environmental engineering, and many others. With advancements in technology and an emphasis on sustainability, the demand for skilled engineers would remain intact. As far as the best country is concerned, it largely depends on your interests and goals. However, countries known for robust chemical engineering include the United States, Germany, the United Kingdom, Singapore, and Switzerland, to name a few. These countries are not only known for their leading chemical engineering universities but also for leading companies at the forefront of chemical engineering advancements.

For any further queries, please get in touch with us. We have a team of expert counsellors who can guide you through any concerns or questions you may have

Ans: When faced with underperforming investments like UTI Flexicap Fund, it's essential to evaluate your options carefully. Here are some steps you can consider:

Review Performance: Assess the fund's performance objectively over different time periods and compare it with its benchmark and peer funds. Look for consistent underperformance or temporary setbacks.
Understand Reasons for Underperformance: Research and understand the reasons behind the fund's underperformance. Is it due to changes in fund management, investment strategy, market conditions, or specific sectoral exposures?
Reassess Investment Thesis: Revisit your original investment thesis for choosing UTI Flexicap Fund. Does it still align with your financial goals, risk tolerance, and investment horizon? Consider whether the fund's underperformance is a temporary setback or a fundamental issue.
Seek Professional Advice: Consult with a Certified Financial Planner or investment advisor for personalized guidance. They can provide insights into whether it's prudent to hold onto the investment, reallocate funds to better-performing options, or exit the investment altogether.
Consider Portfolio Diversification: If UTI Flexicap Fund no longer fits your investment strategy, explore reallocating your investment to other funds or asset classes that better align with your goals and risk profile.
Patience vs. Action: Determine whether you're willing to wait for the fund's performance to improve or if you prefer to take proactive steps to address the underperformance.
Ultimately, the decision to withdraw or wait depends on your individual circumstances, investment objectives, and risk tolerance. It's essential to make informed decisions based on thorough research and professional advice.

Ans: Your proactive approach towards investing is commendable, and your SIP allocations reflect a diversified strategy. Let's review your plan:

SIP Allocation: You've diversified your SIP across different asset classes, including multi-asset, large-mid cap, index funds, and international exposure. This diversification can help manage risk and capture growth opportunities across various market segments.
Additional Funds for MF Buying: Holding 9 lakhs in ICICI Short Term Fund for additional MF buying provides liquidity and flexibility to capitalize on investment opportunities as they arise. It's a prudent strategy to have funds readily available for investment.
Retirement Goal: Your aim to accumulate 1 crore for retirement after 10 years is ambitious but achievable with disciplined saving and investment. However, it's essential to periodically review and adjust your investment strategy to ensure you stay on track towards your goal.
Consultation with a Financial Advisor: Consider consulting with a Certified Financial Planner to ensure your investment strategy aligns with your long-term financial goals and risk tolerance. They can provide personalized guidance and help optimize your portfolio for maximum growth potential.
Overall, your investment plan appears well-structured, but regular monitoring and adjustments may be necessary to ensure it remains aligned with your retirement objectives. Keep up the disciplined approach, and you're on the right path towards achieving financial independence.

Ans: I'd recommend consulting with a Mutual Fund Distributor (MFD) for personalized assistance with your investment journey. They can offer guidance tailored to your financial goals and help you navigate the process of selecting the right mutual funds. MFDs have expertise in the mutual fund industry and can provide valuable insights to optimize your investment strategy. Don't hesitate to reach out to a trusted MFD for expert advice and support in achieving your financial objectives.

Ans: It's great to see your commitment to long-term investing at 35. Your diversified SIP portfolio reflects a thoughtful approach to wealth accumulation. Let's delve into some insights:

Diversification: Your allocation across multiple fund categories - multicap, digital, small cap, flexicap, and index funds - spreads risk and captures growth opportunities across different market segments. This diversification is crucial for long-term wealth creation.
Focus on Growth: By investing in multicap and small cap funds, you're targeting companies across various market capitalizations, aiming for higher growth potential over the long term. Additionally, digital and flexicap funds offer exposure to sectors with significant growth prospects, aligning with your long-term investment horizon.
Index Fund Inclusion: Incorporating an index fund like NIFTY 50 INDEX provides exposure to the broader market while keeping costs low. It complements your actively managed funds and ensures broad market participation.
Review and Rebalance: Periodically review your portfolio's performance and asset allocation to ensure it remains aligned with your long-term goals and risk tolerance. Rebalance if necessary to optimize returns and manage risk effectively.
Overall, your investment strategy appears well-structured for long-term wealth accumulation. However, continue monitoring market trends and adjusting your portfolio as needed. Consulting with a Certified Financial Planner can provide personalized guidance tailored to your financial objectives and aspirations.

Your commitment to long-term investing is commendable, and with diligence and strategic planning, you're on track towards financial success.

Ans: Given your retirement status and financial situation, securing a monthly income of 25,000 INR for the next 20 years requires a carefully crafted plan. Let's explore some options:

Systematic Withdrawal Plan (SWP): Consider investing a portion of your corpus in balanced mutual funds or debt funds and initiate an SWP. This allows you to systematically withdraw a fixed amount each month while potentially preserving your capital.
Senior Citizen Saving Scheme (SCSS): Invest a portion of your corpus in SCSS, offering stable returns and tax benefits for retirees. It provides regular interest payouts, ensuring a steady income stream.
Annuity Plans: Explore annuity plans offered by insurance companies. An annuity plan converts a lump sum into a regular income for a specified period, providing financial security during retirement.
Fixed Deposits (FDs): Invest in FDs with banks or post offices, providing stable returns and liquidity. Consider laddering FDs with varying maturities to optimize returns and access funds as needed.
Dividend-Paying Stocks or Mutual Funds: Invest in dividend-paying stocks or mutual funds, which provide regular income through dividend payouts. Ensure the investments align with your risk tolerance and financial goals.
Real Estate Investment Trusts (REITs): Consider investing in REITs, which offer rental income from commercial properties. However, be mindful of the associated risks and liquidity constraints.
It's essential to strike a balance between growth and stability while ensuring your income needs are met throughout retirement. Consulting with a Certified Financial Planner can provide personalized guidance tailored to your specific requirements and aspirations.

Your dedication to securing your financial future is commendable, and with careful planning, you can enjoy a comfortable retirement with peace of mind.

Ans: you've crafted a well-rounded mutual fund portfolio with a blend of different fund categories. Each fund brings its unique strengths to the table, offering exposure to various market segments and investment themes.

Diversification is the cornerstone of a robust portfolio, and your selection reflects a thoughtful approach to spreading risk across different asset classes.

However, it's crucial to periodically review your portfolio's performance and ensure it remains aligned with your financial goals and risk tolerance. Market conditions evolve, and adjustments may be needed to optimize returns and manage risk effectively.

Remember, investing is a journey, not a destination. It's about striking the right balance between growth potential and risk mitigation while staying true to your long-term aspirations.

Consulting with a Certified Financial Planner can provide valuable insights and guidance tailored to your specific needs and objectives. Your commitment to building a balanced portfolio is commendable, and with diligence and strategic planning, you're on track towards financial success.

Ans: Hello

May be you can try competitive exams for government. However please note while govt job may not be paying high but gives you stability. You may ant to consider that.

All the best.