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Patrick

Patrick Dsouza  |1468 Answers  |Ask -

CAT, XAT, CMAT, CET Expert - Answered on Jul 16, 2025

Patrick Dsouza is the founder of Patrick100.
Along with his wife, Rochelle, he trains students for competitive management entrance exams such as the Common Admission Test, the Xavier Aptitude Test, Common Management Admission Test and the Common Entrance Test.
They also train students for group discussions and interviews.
Patrick has scored in the 100 percentile six times in CAT. He achieved the first rank in XAT twice, in CET thrice and once in the Narsee Monjee Management Aptitude Test.
Apart from coaching students for MBA exams, Patrick and Rochelle have trained aspirants from the IIMs, the Jamnalal Bajaj Institute of Management Studies and the S P Jain Institute of Management Studies and Research for campus placements.
Patrick has been a panellist on the group discussion and panel interview rounds for some of the top management colleges in Mumbai.
He has graduated in mechanical engineering from the Motilal Nehru National Institute of Technology, Allahabad. He has completed his masters in management from the Jamnalal Bajaj Institute of Management Studies, Mumbai.... more
Asked by Anonymous - Jul 04, 2025Hindi
Career

I am a 2023 BTech CSE passout with 1.6 years of work experience at a reputed organization. I was laid off stating there are no projects or scope for the skills I hold by conducting 2 internal assessments. I wish to transition to data field and up skilling myself each day for it. I wish to do MBA to improve my CTC and preparing for CAT as well. Do you have any advice for me(I resigned in May 2025) and preparing for CAT 2025

Ans: Focus on CAT2025 and try getting a good percentile so that you can get into a good college. Can simultaneously do online courses on Data so that you can justify your gap and upskill your self.
Asked on - Jul 16, 2025 | Answered on Jul 16, 2025
Thank you
Ans: Welcome
Career

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Ramalingam

Ramalingam Kalirajan  |11151 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 22, 2026

Money
If I want to withdraw 1.5 lac per month, which SWP is better and how much should I invest in it?
Ans: It is very good that you are planning SWP (Systematic Withdrawal Plan) in advance. Planning monthly income properly helps protect your capital and gives stable cash flow.

To withdraw Rs 1.5 lakh per month, the correct SWP structure depends mainly on:

– your age
– investment horizon
– whether income is required lifelong or for limited years
– existing retirement corpus
– risk tolerance

Still, I will guide you with a practical structure that suits most long-term SWP income needs.

» How much investment is required to withdraw Rs 1.5 lakh per month

Normally, safe SWP withdrawal rate should be around:

– 6% yearly for very safe structure
– 7% yearly for balanced structure
– 8% yearly for growth-oriented structure

Based on this:

Approximate investment required:

– Conservative structure: around Rs 3 crore
– Balanced structure: around Rs 2.5 crore
– Growth-oriented structure: around Rs 2.25 crore

This allows income sustainability without early capital depletion.

If withdrawal period is limited (example 15 years), required corpus may be lower.

If income required lifelong, higher corpus is safer.

» Which mutual fund categories are best for SWP income

Best SWP income normally comes from a combination approach.

Ideal structure:

– 40% Multi asset allocation category fund
– 30% Balanced advantage category fund
– 20% Flexi cap category fund
– 10% Short duration debt category fund

This structure provides:

– income stability
– inflation protection
– market downside control
– long-term capital sustainability

Avoid using only pure equity category funds for SWP.

Avoid using only debt category funds also because inflation reduces value.

Combination approach works best.

» Why multi asset allocation category fund works well for SWP

This category invests across:

– equity
– debt
– gold

It adjusts allocation automatically and supports stable withdrawal planning.

Very suitable for retirement-style monthly income planning.

» Tax efficiency advantage of SWP

SWP is more tax-efficient compared to interest income.

Because:

– only capital gain portion is taxed
– equity mutual fund LTCG above Rs 1.25 lakh taxed at 12.5%
– debt fund gains taxed as per income slab

So proper category selection improves post-tax income.

» How to structure SWP correctly

Better approach:

– keep 2 years withdrawal amount in short duration debt category fund
– keep remaining corpus in multi asset + balanced advantage category funds
– review once per year
– increase withdrawal gradually based on inflation

This protects income continuity during market corrections.

» Important preparation before starting SWP

Before starting SWP ensure:

– emergency fund available separately
– health insurance active
– no high-interest loans pending
– nominee details updated

These steps protect retirement income stability.

» Finally

To withdraw Rs 1.5 lakh monthly comfortably, target corpus should ideally be between Rs 2.25 crore and Rs 3 crore depending on risk level.

Use combination of multi asset, balanced advantage, flexi cap and short duration debt category funds instead of relying on a single category. This improves income stability and protects capital for long-term sustainability.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

https://www.linkedin.com/in/ramalingamcfp/

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Nayagam P

Nayagam P P  |11050 Answers  |Ask -

Career Counsellor - Answered on Apr 22, 2026

Career
Namaskar, My son has got 93.60 percentile in JEE mains 2026 with General rank 100144 and OBC NCL rank 32618. I request you to kindly guide me can he get admission in SGSITS, Indore in CSE / IT / ETC branch having MP domicile or any other better option as per your recommendation.
Ans: Govind Sir, With 93.60 percentile, CRL 1,00,144 and OBC-NCL rank 32,618 (MP domicile), your son should try both MP BE counselling and JoSAA. For SGSITS Indore, recent MP-counselling data show General home-state closing ranks around CSE 18,410, IT 37,589, ETC 48,484 in 2025, so CSE looks difficult, IT is borderline, and ETC appears the most realistic; OBC-MP quota may improve chances somewhat. For JoSAA, at OBC 32,618, expect mainly lower-demand branches in mid/lower NITs, IIITs and GFTIs, not CSE/IT in top institutes. My recommendation: SGSITS ETC/IT first, then good MP colleges like IET-DAVV/JEC, while keeping JoSAA + CSAB as backup. (I suggest you also cross-check the JoSAA opening and closing ranks data from the last 2–3 years before filling in the maximum number of your son’s preferred institutions and branches during counselling). ALL the BEST for Your Son's Prosperous Future!

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