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Mayank

Mayank Chandel  |1944 Answers  |Ask -

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on Mar 23, 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 - Mar 13, 2024Hindi
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My son has currently appeared for his 10th Boards in IGCSE. The subjects he had opted for in Grade 9 are Maths, physics, chemistry and computer science He is doing extremely well in Computer science, is fair in math and physics and not too comfortable with chemistry. He wishes to pursue the PCM stream with computer science in plus two as he wishes to pursue computer science in college in India snd hence has decided to switch to the CBSE Board in plus two. My husband however feels he should continue his A levels. My son's decision to switch to an Indian Board is twofold 1. He can score better in an Indian Board and marks make a little of difference in getting into a good college 2. He needs the NCERT syllabus in order to take entrance exams Request you to kindly give us direction as to whether he is right in his reasoning and if so, what his options are for undergrad in computer science that would enable him to get good placements.

Ans: Hi,
All the Engineering entrance exams in India mostly take syllabus of NCERT irrespective of board be it state board or any other. switching to CBSE will help him in scoring well.
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Preetam

Preetam Patil  | Answer  |Ask -

IIT-JEE, NEET-UG, MH-CET Expert - Answered on Mar 22, 2023

Asked by Anonymous - Feb 21, 2023Hindi
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Dear Mr.Preetam, my son is 10th CBSE (standard maths)now, can he continue in CBSE for 11th and 12th Class or opt for state intermediate board of Telangana, he is opting for JEE and try for IIT
Ans: Welcome to the IIT-JEE Preparation journey. As the most popular and toughest exam, millions of students across India appear for the IIT-JEE every year with the dream of qualifying it.

Despite putting in their best efforts, many students still fail to crack the exam and miss the opportunity of entering their dream college. If you are one of them and looking for a way to increase your chances of cracking the IIT-JEE, then here we have a suggestion for you - go for dummy non-attending school.

Dummy non-attending school provides an effective way to prepare for IIT-JEE. All you need to do is just focus on your IIT-JEE preparation.

You can select any board which suits you best, but remember that scoring eligible marks is of utmost importance to crack the exam.
You can also get in touch with professional IIT-JEE preparation mentors who will provide you with detailed study plans and tips to crack the IIT-JEE. In addition, they can also assess your progress and help you in overcoming any obstacles that you may face during your preparation journey.

On top of that you can attend IIT Foundation Courses conducted by various institutes and IIT-JEE Coaching centres which provide guidance from experienced professionals and teachers. These courses will help you understand the concepts better and develop a good foundation in the topics which are important for cracking the exam.

Let’s consider the Telangana Board. This board is a regional entity which follows the syllabus prescribed by the state government. It offers students the chance to study with teachers and resources that are tailored to their needs. It also offers an intimate learning experience, with small classes, allowing students to gain a deep understanding of the topics they are studying. In addition, it also gives students the chance to explore their interests and prepare for many extracurricular activities.

Now let’s look at the CBSE Board. This board has gained a lot of credibility in recent years due to its recognized status as one of the leading school examination boards in India. It has a national recognition, and its syllabus is set by the Indian Ministry of Education. It offers students a more comprehensive coverage of various topics than the Telangana Board, including subjects such as science and mathematics, which are essential for IIT JEE preparation. In addition, studying for the CBSE examinations gives students the chance to practice with questions of higher difficulty and complexity than those available on the Telangana Board.

So which board should students opt for when preparing for the IIT JEE? Both boards have their advantages and disadvantages, and it really depends on each student’s specific needs and interests.

At last, we would like to remind you that hard work and dedication are both very important for cracking the IIT-JEE. So with a right approach and right resources, you can certainly qualify the exam.

I wish you all the best in your IIT-JEE preparation journey and best of luck!

..Read more

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Milind

Milind Vadjikar  |741 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Dec 03, 2024

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What happens when a Mutual Fund company shuts down / gets sold off?
Ans: Hello;

If a mutual fund company gets sold or fails, the process is prescribed by SEBI:

In case MF company is Sold,
The new fund house may:
1. Continue the scheme with a new name and management.

2. Merge the scheme with similar funds and offer investors the option to exit without any exit load.

In case MF company shuts down,
The fund house will:
1. Pay out investors based on the fund's last recorded Net Asset Value (NAV) and the number of units the investor holds, after deducting expenses.

2. If the company is not in a position to do so then SEBI may liquidate the funds assets and distribute the proceeds to unit holders.

It is also pertinent to note that mutual fund regulation in India is one of the most stringent and hence best, from investor's point of view, globally.

This is not just in theory. We have seen how the Franklin Templeton abrupt closure of debt funds was handled with surgical precision, by SEBI, with no loss to unitholders.


Skin in the game regulation mandates that 20% salary of key mutual fund personnel and fund managers is paid in terms of units of their funds with a 3 year lock-in.

The stocks and bonds purchased by the AMC for the fund are held by a custodian, appointed by the trust that administers the fund.

The trust engages into a investment management agreement with the AMC for managing the fund as per their mandate and within regulatory guidelines.

Registrar and Transfer Agents handle the investor registration,kyc, maintaining records, providing account and tax statements etc.

Happy Investing;
X: @mars_invest

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