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MTech in ECE at IIIT B or BTech in ECE at RV: Which is Best for Me?

Mayank

Mayank Chandel  |1915 Answers  |Ask -

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on Oct 08, 2024

Mayank Chandel has over 18 years of experience coaching and training students for various exams like IIT-JEE, NEET-UG, SAT, CLAT, CA and CS.
Besides coaching students for entrance exams, he also guides Class 10 and 12 students about career options in engineering, medicine and the vocational sciences.
His interest in coaching students led him to launch the firm, CareerStreets.
Chandel holds an engineering degree in electronics from Nagpur University.... more
Asked by Anonymous - Oct 06, 2024Hindi
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Sir, 5 year integrated MTech course in ECE in IIIT B vs BTech in ECE in RV how to decide

Ans: Hi
IIIT B has good ECE placements in iMTech.
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Milind

Milind Vadjikar  |381 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Oct 11, 2024

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HelloMr. Arora, I'm going to be 54 in May and have no retirement plan yet. As we have 2 budget stores 1 is going ok and other one we just started. I want to get around 4cr after 10 years. While our investments are my LIC is 84000 yearly for 20 years which will be matured in 2033 and 2034 SIP's are Axis ELSS Tax Saver Fund (G) 1000 p/m from 2020 Bank of India ELSS Tax Saver Fund Reg (G) 1500 p/m from 2022 Kotak Equity Opportunities Fund (G) 2500 p/m from 2022 Quant Small Cap Fund (G) 1500 p/m from 2022 my wife's SIP are Bank of India ELSS Tax Saver Fund Reg (G) 5000 p/m from 2024 Canara Robeco ELSS Tax Saver Fund Reg (G) 2500 p/m from 2021 Quant ELSS Tax Saver Fund (G) lumsum amount 2L in 2021 Union ELSS Tax Saver Fund (G) 2500 p/m from 2021 Value of above is today 11Lacs I also have shares and invested in it 3L, now a days its cost is 4Lacs besides that I have made 2 more small SIP's in nippon as well from this year. My wife is also working while I look after the stores. We have our own two houses (1Cr and 90Lacs) (both lone free.) One we bough last year with 33k EMI for next 20 years. I'll get 3L next year in july, one of my tax saving policy will be matured. I have big ancestral land in hills (agricultural but barren), will be cost 1Cr and one more an ancestral house. Can you please guide me about the investment, so we can diversify and make 4cr in another 10 years. We also have one small kid for him we have already taken 2 child eductional plans and for that we pay 1,25,000/- yearly seperately. Which he will get when he will be 18. Please guide me. regards Amy
Ans: Hello;

Your current monthly SIP of 16.5 K may grow into a sum of 40.7 L after 10 years.

The 11 L worth holding in mutual funds as on today may grow into a sum of 37.34 L after 10 years.

The 4 L worth share holding as on today may grow into a sum of 13.58 L after 10 years.

The LIC endowment policy may yield you a sum of 22.45 L in 2033.(Maturity)

Adding all these amounts we get a sum of 1.14 Cr after 10 years.

Supposing you sell your land property currently valued at 1 Cr and invest it lumpsum in a pure equity mutual fund then after 10 years you may expect a sum of 3.39 Cr. (Returns from mutual funds and equity considered at 13% and endowment insurance policy return assumed at 6%)

So your total corpus will become 3.39+1.14=
4.53 Cr.

Seek help from a mutual fund distributor or investment advisor to select appropriate funds for your requirement.

Happy Investing!!

You may follow us on X at @mars_invest for updates.

*Investments in mutual funds are subject to market risks. Please read all scheme related documents carefully before investing.

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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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