महोदय मैं सिविल इंजीनियर सेवानिवृत्त हूं पिछले वर्षों की तरह सक्रिय रहने के अलावा मेरे पास क्या विकल्प हैं?

Ans: Hello EPIC
Go with SRM KTR. Best of luck.
Follow me if you like the reply. Thanks
Radheshyam

Ans: Preference Order:

SRM KTR CSE Core

VIT Chennai CSE AI & ML (Category 5)

Ans: Hello Viksit.
Here are some options for you: (1) Bhilai Institute of Technology (2) Shri Shankaracharya Technical Campus (3) Rungta College Of Engineering & Technology (4) OP Jindal University etc.
Best of luck to you.
Follow me if you like the reply. Thanks
Radheshyam

Ans: Top Private Colleges (Good Placements & Reputation)
Shiv Nadar University, Noida – Strong CS program, research focus, good placements.

NIIT University, Neemrana (with scholarship) – Industry-linked curriculum, especially for CS.

UPES Dehradun (CSE/AI-ML specialization) – Good for CS, especially in AI/ML, cybersecurity.

Jaypee Institute of Information Technology (JIIT) Noida – Strong in CSE and IT branches.

GL Bajaj, Noida – Decent placements, especially for CSE/IT.

Amity University, Noida (Honours/AI-DS/CSE) – If budget is not a constraint.

Ans: Amrita is better

Ans: Shiv Nagar is better

Ans: Hello Prasanna.
Here are few names you can consider for CSE in the mentioned states: (1) RV College of Engineering (RVCE), Bangalore (2) Dayananda Sagar College of Engineering (DSCE), Bangalore (3) BMS College of Engineering (BMSCE), Bangalore (4) SR University (5) IIIT Hyd (6) Gokaraju Rangaraju Institute of Engineering and Technology (GRIET), Hyderabad etc. Best of luck to you.
Follow me if you like the reply. Thanks
Radheshyam

Ans: Coal India - Good
Chennai Petro- BAD due to Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years
Degrowth in Revenue and Profit

Ans: Appreciate your clarity and discipline with money. You are far ahead of many at your age. You already have a strong income, valuable assets, and good savings habits. Now let’s look at a complete 360° view of how to reach Rs. 10 crore target by 60.

We’ll go step by step with each area of your financial life.

Income and Cash Flow Overview
Monthly income of Rs. 3 lakhs is very healthy.

Loan EMIs total around Rs. 1.19 lakhs, approximately 40% of income.

Household expenses are just Rs. 30,000 – very efficient.

SIPs of Rs. 35,000 are a great start, but more growth investment is needed.

Scope exists to steadily increase investments each year.

Savings of Rs. 13 lakhs (FD + cash + savings) gives a solid buffer.

Actionable Insight:
Maintain a detailed monthly budget tracking income, expenses, EMIs, and surplus. Review it quarterly to stay in control.

Loan Repayment Strategy
Home loan of Rs. 38 lakh with Rs. 50,000 EMI and reduced tenure to 12 years – good progress.

Car loan of Rs. 8 lakh with Rs. 19,000 EMI.

Rs. 69,000/month in loan EMIs is manageable at your income level.

Recommendations:

Don’t rush to close home loan if interest is below 9% – you get tax benefits.

Prioritise closing the car loan if interest rate is high – it's not tax beneficial.

Avoid using FD or gold for loan repayment unless it’s an emergency.

Emergency Fund Evaluation
Rs. 10 lakh in cash + Rs. 3 lakh in savings is already strong.

With Rs. 15 lakh in FD, total emergency reserve is Rs. 28 lakh.

That’s more than sufficient; no need to expand emergency fund further.

Use sweep-in FD or split across multiple banks for liquidity and safety.

Insurance Assessment
Rs. 30 lakh health insurance is adequate – continue maintaining this.

Term insurance of Rs. 50 lakh via ULIP is too low.

Ideal cover should be around Rs. 4 crore (12x annual income).

Recommendations:

Take an independent term insurance plan of Rs. 3.5 crore.

Continue existing health cover.

Evaluate surrender of ULIP and LIC if returns are low (generally ~5%).

Redirect those premiums (Rs. 2.65 lakh annually) to mutual fund SIPs.

Investment Portfolio Review
Monthly Investments:

Rs. 35,000 into mutual funds (multi-cap, flexi-cap, small-cap, etc.)

Annual Contributions:

Rs. 1 lakh into PPF

Total Investment Corpus:

Rs. 50 lakh in mutual funds

Rs. 15 lakh in FD

Rs. 30 lakh in gold

Rs. 10 lakh in cash

Rs. 3 lakh in savings

Positives:

Strong equity exposure for long-term growth.

Balanced support from gold and FD.

Suggestions for Improvement:

Increase SIPs annually by at least 10%.

Limit small-cap exposure to 10-15%.

Gradually move from FD to debt mutual funds for better returns and tax-efficiency.

Surrender low-return policies (LIC, ULIP) and reinvest in growth-oriented funds.

Continue PPF contributions for safe, tax-free returns.

Realistic Path to Rs. 10 Crore by Age 60
You are 43 now, with 17 years to invest.

Current investment corpus is around Rs. 1.08 crore.

With Rs. 35,000 SIP, you might reach Rs. 2.5–3 crore by 60 – not enough.

To Reach Rs. 10 Crore Goal:

Gradually increase SIPs to Rs. 1 lakh/month in 5 years.

Reinvest proceeds from surrendering LIC/ULIP (Rs. 2.65 lakh annually).

Redirect EMI amounts (car loan, etc.) once loans are closed.

Make lump sum additions from bonuses or surplus income.

Mutual Fund Taxation Notes
From 2024, equity LTCG above Rs. 1.25 lakh taxed at 12.5%.

Short-term equity gains taxed at 20%.

Debt fund gains taxed as per slab.

Advice:

Avoid frequent withdrawals.

Use ultra-short term or debt funds for short- to medium-term needs.

Fund Selection Guidelines
Avoid direct funds unless you manage the portfolio yourself.

Use regular plans through a certified financial planner for guidance.

Avoid index funds if you seek alpha and personalized management.

Stick to a blend of active multi-cap, flexi-cap, and large-cap funds.

Suggested Asset Allocation
60% – Equity mutual funds

15% – Debt mutual funds

10% – Gold (already in place)

10% – Emergency fund (FD + cash)

5% – PPF

Annual Portfolio Rebalancing Recommended

Year-Wise Action Plan
Year 1–2:

Repay car loan using surplus or gold if needed.

Surrender LIC and ULIP; shift Rs. 2.65 lakh to mutual funds.

Take new term plan of Rs. 3.5 crore.

Increase SIPs to Rs. 50,000/month.

Year 3–5:

Redirect closed EMIs (Rs. 19,000) to SIPs.

Gradually move FD into debt mutual funds.

Add lump sum investments from annual bonuses.

Year 6–10:

Continue SIPs at Rs. 1 lakh/month.

Keep gold as is.

Rebalance asset allocation annually.

Final Insights
You are on the right track.

No need to sell gold or break FD prematurely.

Gradually increase SIPs and equity exposure.

Maintain emergency reserve.

Improve term cover and simplify insurance portfolio.

Avoid panic, follow the strategy, and review annually.

With this approach, you can confidently build Rs. 10 crore or more by 60 and ensure financial independence.

With better planning and yearly reviews, you will secure a strong retired life.

 

Best Regards,
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K. Ramalingam, MBA, CFP,
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Chief Financial Planner,
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www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment