at the age of 60 any career advisable .....?

Ans: Hello dear.
Prefer CSE @ JIIT if possible.

Good luck.
Follow me if you get this reply.
Radheshyam

Ans: All four institutes hold AICTE approval and maintain robust academic credentials, with ITER–SOA (ABET- and NBA-accredited) delivering a rigorous curriculum under PhD-faculty, 47 specialized computing labs, 104 corporate MoUs, and a 91% placement consistency for CSE graduates. HIT Haldia’s CSE program benefits from NAAC A-accreditation, modern software and networking labs, mandatory industry internships via NIRF-recognized partnerships and a 91% median placement rate with 208 CSE students placed in 2023. Techno Main Salt Lake offers NBA-aligned CSE courses in AI/ML and cloud computing labs, active industry collaborations and achieved a 90.07% CSE placement rate in 2023. IEM Kolkata’s CSE core branch, approved by NBA and NAAC A, features AI/ML and cybersecurity labs, extensive training and recorded around 90% placement consistency with a median package of ?6 LPA in 2024. Each institute provides dedicated placement cells, structured internships, continuous industry engagement, and modern infrastructure to support comprehensive technical education and employability.

For top-tier global accreditation, metropolitan recruiter engagement, and a proven 91% CSE placement record, the recommendation is ITER–SOA CSE. If rural fees justify strong core-IT placements, choose HIT Haldia CSE. For balanced lab exposure with slightly lower yet solid placements, opt for Techno Main Salt Lake CSE. For cost-effective training with consistent median packages, select IEM Kolkata CSE. All the BEST for Admission & a Prosperous Future!

Follow RediffGURUS to Know More on 'Careers | Money | Health | Relationships'.

Ans: Hello Kalpana
It is a good option, but not number one. Generally, NIT Trichy is more popular for chemical engineering. Yet, you can go with it without any consideration. Work hard to excel.

Good luck.
Follow me if you get this reply.
Radheshyam

Ans: Hello dear.
Chances are slim. Explore other options.

Good luck.
Follow me if you get this reply.
Radheshyam

Ans: Hello dear.
Yes. Your son has bright chances of getting CSE @ tier 1 colleges. Currently, I am unable to provide the list of colleges to you. Sorry.


Good luck.
Follow me if you get this reply.
Radheshyam

Ans: Hello dear.
You have a chance to get a seat in a good college. You might have to compromise on tech branches. Currently, I am unable to provide the list of colleges to you. Sorry.

Good luck.
Follow me if you get this reply.
Radheshyam

Ans: Hello dear. I am unable to predict the rank, admission, and counseling process of private universities. Sorry.

Good luck.
Follow me if you get this reply.
Radheshyam

Ans: Hello dear.
Prefer 2+2 program if possible. The final decision will be yours.

Good luck.
Follow me if you get this reply.
Radheshyam

Ans: Starting SIPs without guidance is still a brave step. You chose to act. That’s valuable.

You’ve already invested Rs.6.84 lakhs. You have Rs.2 lakhs gain. That’s positive. But your fund choices and strategy now need refining. We’ll assess everything carefully and improve your plan.

This answer will cover your entire portfolio. You will get a full 360-degree solution.

A Quick Look at Your Current Fund Selection

You’re investing in:

An infrastructure-focused fund.

A digital technology-focused fund.

These two funds are sector funds. Sector funds are concentrated. That means:

They focus only on one part of the economy.

They don’t diversify across sectors.

They may perform very well in short bursts.

But they also fall hard during sector downturns.

You are exposed to only two specific sectors. This brings high risk. Also, both are direct plans. Let’s discuss why that matters.

Why Direct Plans May Not Be Ideal

Direct funds look cheaper. But they miss professional support. Here are key issues:

No help in selecting best-fit funds for your goals.

No guidance during market ups and downs.

No periodic review or correction in portfolio.

No help with taxation or rebalancing.

No behavioural support during fear or greed phases.

You are left alone. That can lead to wrong decisions.

Switch to regular plans through a Certified Financial Planner. Benefits include:

Proper risk profiling.

Personalised fund choices.

Ongoing monitoring.

Emotion management in volatile times.

Long-term peace of mind.

The extra cost pays for strong support. And it often leads to better returns.

What’s Missing in Your Portfolio Today

Let’s now assess what is missing:

No large cap or flexicap exposure.

No actively managed diversified equity fund.

No debt exposure for stability.

No hybrid or multi-asset mix.

No proper asset allocation.

Entire investment depends on two sectors.

No financial goal planning.

This is risky for any investor. Even with good returns now, this may not last.

Why Sector Funds Must Be Handled With Caution

Sector funds can deliver in specific market cycles. But they are not meant for core portfolio. They are for advanced investors only.

Issues with sector funds:

Limited to one sector’s growth.

Risky if that sector underperforms.

Very volatile and cyclical in nature.

Need close monitoring and timely exit.

Requires strong knowledge of that sector.

Currently, your SIP in tech and infra sectors is too high. This is not safe for steady wealth building.

The Safer and Better Alternative – Diversified Equity Funds

Instead of sector funds, you need active diversified funds. These offer:

Broad exposure across sectors.

Lower volatility compared to sector funds.

Regular adjustment by fund managers.

Professional stock selection.

Focus on long-term business quality.

You need to build your portfolio on this solid foundation. These funds are ideal for core portfolio.

How to Rebuild Your Portfolio

Now let’s rebuild your investments for strong and safe growth:

Stop fresh SIPs in sector funds gradually.

Redeem old sector fund investments step by step.

Start SIPs in diversified active equity funds.

Choose regular plans through a Certified Financial Planner.

Mix large cap, flexicap, and multicap categories.

Add debt or hybrid funds for balance.

This way, you reduce risk and improve consistency.

Add Debt Funds for Stability

Right now, your portfolio is fully in equity. This brings high short-term risk. You need some debt allocation.

Debt funds offer:

Protection during equity market fall.

Liquidity for emergency or short-term needs.

Lower return, but also lower stress.

Predictable performance.

You can start with low-risk short-term debt funds. You may also add hybrid or dynamic funds for smoother ride.

Multi-Asset Funds Can Be Helpful

Multi asset or dynamic allocation funds invest across:

Equity

Debt

Gold

They shift between these based on market conditions. This reduces ups and downs. It suits investors with moderate risk appetite.

Such funds simplify portfolio management. You don’t have to worry about timing market moves.

Set Clear Goals for Your Money

Right now, there’s no defined goal. That’s okay. But planning will improve direction.

You may think about:

Retirement in future.

Buying a house.

Family’s future security.

Travel or business plans.

Children’s education or marriage.

With clear goals, you can:

Allocate money better.

Choose suitable funds.

Track progress more meaningfully.

Without goals, your efforts may feel directionless.

Why Asset Allocation Is Your Real Friend

Returns don’t depend only on fund choice. They depend more on asset mix.

An ideal mix helps you:

Manage market swings.

Sleep better during downturns.

Stay invested longer.

Reach goals peacefully.

Without asset allocation, returns become uneven. Risk becomes harder to manage.

Avoid These Common Mistakes

Many new investors do the following:

Pick top-performing fund randomly.

Keep investing in same fund forever.

Don’t track fund performance.

Don’t check if fund matches their risk.

Keep investing without a plan.

Use direct plans without any review.

Avoid these errors. They cost more than they appear.

How Much Should You Allocate to Equity and Debt?

You may consider this broad allocation based on moderate risk:

Equity: 60%

Debt: 30%

Gold or others: 10%

This keeps the portfolio healthy. You reduce pain in volatile times.

As your goal becomes closer, shift more towards debt. This protects gains.

Review Portfolio Every Year

Markets keep changing. So should your portfolio.

Every year:

Review your fund performance.

Check if funds are beating benchmarks.

Exit consistent underperformers.

Rebalance asset allocation.

A Certified Financial Planner will help in this. You don’t need to do it alone.

What About Tax on Your Investments?

New tax rules on mutual funds apply now.

For equity mutual funds:

LTCG above Rs.1.25 lakh is taxed at 12.5%.

STCG is taxed at 20%.

For debt mutual funds:

Both LTCG and STCG are taxed as per your slab.

So plan redemption carefully. Keep tax efficiency in mind.

Emergency Fund is Non-Negotiable

Keep some money aside in a liquid fund. Use it only in emergency.

This way:

You don’t touch your long-term funds.

You get peace of mind in tough times.

Build at least 3 to 6 months of expenses here.

Protect Yourself with Right Insurance

Don’t mix investment with insurance.

If you have ULIP or LIC policies with poor returns:

Evaluate their performance.

Consider surrendering if returns are low.

Reinvest that in mutual funds.

Use pure term plan for life insurance. It gives better protection.

Emotional Discipline Is the Real Key

Even the best portfolio fails if you panic. Or if you become greedy.

Follow these rules:

Stay invested long term.

Don’t react to short-term news.

Review once a year only.

Trust your plan, not market rumours.

If you stay disciplined, wealth will grow.

Finally

You have already started your SIPs. That’s the hardest part. Appreciate that.

But sector fund-only strategy is risky. It needs change.

Avoid direct plans. Choose regular funds with Certified Financial Planner.

Add diversified actively managed equity funds.

Build proper asset allocation between equity and debt.

Use dynamic or multi asset funds for smooth growth.

Set long-term goals gradually.

Keep some money in liquid fund for emergencies.

Get term insurance separately.

Avoid mixing insurance and investments.

Stay invested with patience and review annually.

A well-guided portfolio gives both growth and peace. And you are just one step away from that.

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