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10th Class CBSE Board Transfer: What's Best for My Daughter?

Rajesh Kumar

Rajesh Kumar Singh  | Answer  |Ask -

IIT-JEE, GATE Expert - Answered on Feb 19, 2025

Rajesh Kumar Singh is a mining engineer with 28 years of work experience.
During his career, he has served as the head of the mining department and as vice president of Balasore Alloys. He is currently a visiting professor at Mewar University where he teaches BTech students.
Rajesh Kumar topped his batch in BTech mining from BIT, Sindri.
A gold medallist, he has cracked the GATE (Graduate Aptitude Test in Engineering) twice -- in 1993 and 1994 -- with an All India Rank of 14 in 1994.
He has also cleared the Indian Institute of Corporate Affairs (IICA) Independent Director Test.... more
Pabitra Question by Pabitra on Feb 18, 2025Hindi
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Career

Hello sir, My daughter is studying class 10th well in odia medium school Saraswati Shishu Vidya Mandir and scoring 95 percentage of marks in examination. Now I want to change her school in class 11, Dav public school in cbse board . Is it better for her to study in cbse board instead of state board ? Is she will face any difficulty to change in board, please reply.

Ans: CBSE Is better if she is comfortable in english.otherwise continue state Board
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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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Ramalingam

Ramalingam Kalirajan  |8904 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jun 13, 2025

Asked by Anonymous - Jun 13, 2025
Money
I am 35 with salary of 1.8 per month after deducting taxes. I had FD of 22lacs that i recently got matured, have borrowed 3 lacs from the market and bought a car worth 25lacs. My whole saving is gone. Now I am just left with 1.5lac of FD, 1lac in rd [50k per month] and 2lacs invested in MF since last 1 year where its still in minus [reason why i never again invested in MF]. Funds i have are Parag Parikh Flexi cap fund-growth, quant flexicap fund-growth, ICICI prudential large and midcap fund, ICICI prudential bluchip fund - growth, MIRAI asset bluechip fund growth, icici prudential commodities fund growth, quant momentum fund, sbi psu fund growth, bandhan small cap fund growth. 10-20k invested in all as a lumpsum - total portfolio is 2lacs only, didnt grow in one year. Other expenses are - monthly 50k includes rent and groceries and petrol etc. Yearly [investments in LIC policies] - 2lacs PPF - 50k yearly Loan from friends for car purchase - paid back 2 lacs, 1 lac left. Please suggest the best detailed strategy that will benefit me in next 5-10 years and give stability.
Ans: You are 35 years old. You have Rs 1.8 lakhs monthly income. You had Rs 22 lakhs in FD which got used for a car. You now have Rs 1.5 lakh in FD, Rs 1 lakh in RD, and Rs 2 lakh in mutual funds. Your current monthly expense is Rs 50,000. You are also paying Rs 2 lakhs every year in LIC policies and Rs 50,000 in PPF. You have Rs 1 lakh unpaid loan from friends.

You are doing your best in difficult circumstances. Let us now build a complete 360-degree strategy to help you grow wealth and bring financial stability over the next 5–10 years.

Step 1: Build a Stable Emergency Fund
You have Rs 1.5 lakh in FD. That is your current safety cushion.

Your monthly expenses are Rs 50,000. So, 6 months' emergency fund is Rs 3 lakhs.

Increase this emergency fund to at least Rs 3–4 lakhs.

Use the RD maturing in 2 months to add to this buffer.

Emergency funds give peace and prevent debt in crisis.

Step 2: Pay Off Remaining Car Loan to Friends
You have Rs 1 lakh loan from friends. You have already repaid Rs 2 lakhs.

This is a moral obligation. Clear this fully in 2 months.

Use any upcoming bonus or RD maturity to repay this.

Do not delay this. Relationships are more valuable than any investment.

Step 3: Assess Your Insurance Policies
You are paying Rs 2 lakhs annually for LIC policies.

These are likely traditional or investment-linked insurance plans.

These give poor returns. Real return after inflation is almost zero or negative.

Keep term insurance separately. Insurance should not be mixed with investment.

If these are endowment or ULIP policies:

Stop future premiums immediately, if 3 years are over.

Surrender after 5 years to reduce loss.

Redeploy that amount in better instruments.

Why this is important:

Rs 2 lakhs/year is a large amount.

Better to invest in mutual funds for long-term wealth creation.

Step 4: Cash Flow Discipline and Monthly Surplus Planning
You have Rs 1.8 lakh take-home income. Let’s allocate it wisely:

Fixed Outflows:

Rent, groceries, petrol: Rs 50,000

LIC policies: Rs 16,600/month (yearly Rs 2 lakh)

RD: Rs 50,000

PPF: Rs 4,000/month (Rs 50,000 yearly)

Total committed: Rs 1.20 lakhs approx.

Leftover every month: Rs 60,000

This leftover needs focused use. Avoid luxury spends or unplanned EMIs.

Step 5: Redeem and Restructure Existing Mutual Fund Portfolio
You are disappointed with mutual funds. You invested Rs 2 lakhs across 8 funds. Most are sectoral, thematic, and high-risk categories.

Problems in your current MF portfolio:

Too many funds. Over-diversification leads to low returns.

Very small amount in each fund.

Many are thematic or volatile funds like PSU, Commodities, Smallcap.

All investments are lump sum. SIP brings better rupee cost averaging.

One year is too short to judge equity funds.

Action Plan:

Review all mutual funds.

Exit from PSU, Commodities, and Smallcap funds completely.

Keep only two flexicap or largecap diversified equity funds.

Move all Rs 2 lakh into these two funds.

Start a SIP of Rs 25,000 monthly in these funds.

Why not direct funds:

Direct funds look attractive due to low expense ratios.

But they need continuous review and rebalancing.

Most investors lack the time or knowledge for this.

Regular funds through a MFD with CFP guidance give better hand-holding.

Emotional decisions are avoided with professional help.

Step 6: Create a SIP-Based Wealth Building Plan
Now you have Rs 60,000 surplus monthly. Use it in the following way:

Rs 25,000 SIP in two diversified equity funds.

Rs 10,000 in a hybrid fund (balanced fund with equity and debt).

Rs 5,000 in a gold savings fund for long-term diversification.

Rs 5,000 in a children future fund (if planning family in future).

Keep Rs 15,000 for buffer, travel, or short-term needs.

This plan is simple and steady. It grows money without stress.

Stay invested for 5–10 years. Wealth will grow.

Step 7: Retirement Planning through PPF and Mutual Funds
You are putting Rs 50,000 yearly in PPF. This is good.

But you must also build retirement wealth through equity funds.

PPF is safe but gives low returns. Inflation eats most of it.

Do not increase PPF further. Use mutual funds for higher growth.

Create a retirement SIP of Rs 10,000 separately.

Split it between a flexicap and a hybrid equity fund.

Don’t touch this amount for next 20 years.

Step 8: Keep a Separate Goal-Based Investment System
Identify key life goals:

Retirement

Emergency

Car loan clearance

Possible children’s education

Medical fund for parents

For each goal, use different SIPs or different folios.

Never mix short-term and long-term goals.

This will bring mental clarity and emotional discipline.

Step 9: Understand Taxation on Mutual Funds
New rules from 2024:

Equity MF: LTCG above Rs 1.25 lakh is taxed at 12.5%

STCG is taxed at 20%

Debt funds: Taxed as per income slab

Hold equity mutual funds for long term.

Avoid booking profits within a year.

Use taxation to your benefit by holding patiently.

Step 10: Avoid Index Funds and Direct Stocks
Many suggest index funds. But they come with problems:

No downside protection in falling markets.

Cannot outperform the market.

Miss active risk management by fund managers.

Actively managed funds are better.

They beat benchmarks. They manage risks in volatile markets.

Also, avoid direct stock investment for now.

You don’t have time or skill to track them daily.

MFs are safer, cleaner, and more guided.

Step 11: Don’t Use FDs or RDs as Long-Term Tools
You had Rs 22 lakhs in FD. All got used.

FDs are good for safety. But returns are below inflation.

They don’t grow wealth over 10 years.

Use them only for emergency or short-term needs.

Same applies to RDs.

Switch to SIPs in mutual funds gradually.

Step 12: Improve Personal Financial Habits
Track monthly expenses. Use an app or excel.

Always save before you spend.

Don’t fall for peer pressure buying.

Avoid new loans. Keep a debt-free life.

Increase SIPs by 10% every year.

Discipline gives better results than knowledge.

Step 13: Role of a Certified Financial Planner (CFP)
You need a guide to manage all areas of money.

A CFP with a MFD license helps in:

Selecting the right mutual funds.

Reviewing your portfolio regularly.

Adjusting SIPs as income grows.

Helping avoid emotional decisions.

They charge a small cost but save you from big mistakes.

Online platforms don’t give such personal guidance.

Finally
You are still young. Age is on your side.

You are earning well. You are already saving 30% of income.

You have realised where mistakes happened.

That is the first step to a stronger future.

Now rebuild with a clean, focused plan:

Clear your loan.

Exit poor insurance policies.

Start mutual fund SIPs in few good funds.

Create goal-based investment systems.

Avoid random investments.

In 5 years, you will be stable.

In 10 years, you will be wealthy.

Stay disciplined. Keep your plan simple and consistent.

Avoid shiny distractions and keep your focus.

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

...Read more

Nayagam P

Nayagam P P  |6234 Answers  |Ask -

Career Counsellor - Answered on Jun 13, 2025

Career
I got 1.35lakh rank in kcet will I get ai and ml course
Ans: Snjana, With a KCET rank of 1.35 lakh (135,000), securing admission in Artificial Intelligence and Machine Learning courses presents significant challenges but limited opportunities exist in select private engineering colleges across Karnataka. The expected KCET cutoff rank for AI/ML in top colleges ranges between 1,000-3,600, with premier institutions like RVCE, BMSCE, and MSRIT closing admissions within the top 2,000-4,000 ranks. However, several mid-tier and lower-tier private colleges accept ranks up to 1.30-1.40 lakh for AI/ML programs, including colleges like APS College of Engineering (AI/ML at 1,26,676 rank), Gopalan College of Engineering (CS with AI/ML at 1,18,000), and Jain Institute of Technology (AI at 1,39,136). These colleges typically charge annual fees ranging from ?1-2.5 lakhs through regular admission and ?3-8 lakhs through management quota. While government engineering colleges and popular branches will likely be closed at your rank, private engineering colleges in Karnataka offer viable pathways with over 135 institutions providing AI/ML programs. The placement prospects at these colleges vary significantly, with lower-tier institutions showing moderate placement rates compared to top-tier colleges. Recommendation: Apply to multiple private engineering colleges including APS College of Engineering, Gopalan College of Engineering, Jain Institute of Technology, and other mid-tier institutions accepting ranks around 1.30-1.40 lakh for AI/ML programs, while also exploring management quota options in better colleges if budget permits. All the BEST for the Admission & a Prosperous Future!

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