Dear Sir, as my son Inter bord got 91% but in Jee mains 1st attempt got 50% and 2nd attempt got 70%, but he was not eligible for Advance, and he was wrote other college exams as (IIIT Hyd + VIT+TSEAPCET) in that VIT got results as 1.20 Lakh rank and he was eligible for Round of Category of 5th for VIT-AP & VIT-Bhopal, and expecting results for IIIT Hyd and also waiting for other Exams as (COMEDK + MIT + BITS), he was sincerely trying the efforts private college entrance exams, but the results which is not satisfy for him, and getting disappoint, but I was giving the motivation for other exams and do the hard work and focus on, BITS & IIT-Hyd also very tuff and more competitive, as i need to think for the negative side, if he could not get any cut of marks, what is the next option....? I request you pls give any other alternate suggestions for which is alternate engineering university for the course of (CSE AI & ML), my son interested in CSE course only

Ans: You have made a strong start with property investment and a structured EMI plan. Now, your goal is to create a Rs 50 lakh corpus in the next 10 years while continuing with your existing home loan EMI of Rs 55,000 per month. Let’s build a 360-degree financial plan around this.

I will evaluate your current income, expenses, and liabilities. Then guide you on how to restart your investments gradually, without adding financial stress.

Your Current Financial Profile

Your net monthly income is Rs 1.25 lakh.

Your EMI is Rs 55,000. This is 44% of your income.

You earn Rs 15,000 as rent. This brings total monthly inflow to Rs 1.4 lakh.

Your regular monthly expenses are Rs 20,000.

You have stopped all SIPs and investments due to EMI burden.

Your goal is to build Rs 50 lakh in 10 years.

Appreciation for Your Disciplined EMI Repayment

Paying Rs 55,000 EMI regularly shows strong discipline.

You are generating rental income, which supports cash flow.

You are committed to wealth creation. That is very inspiring.

You are ready to plan ahead. That is a big financial strength.

Home Loan Should Not Stall Your Financial Goals

Do not allow EMI to stop your investments for long.

You should resume SIPs within 3 to 6 months.

Try to cut some lifestyle expenses to free money.

Even Rs 5,000–10,000 SIP is a good restart.

Small consistent SIPs grow big with time.

Maintain Emergency Fund First Before SIP Restart

Emergency fund gives peace of mind during job shifts or crisis.

Keep 4–5 months of expenses as emergency fund.

Use liquid fund or savings account for this purpose.

Emergency fund should come before investments.

Avoid using credit card or personal loans in emergencies.

Start With Low SIPs, Increase Gradually Every Year

Begin SIP with Rs 5,000 monthly.

After 6 months, increase to Rs 7,000 or Rs 10,000.

Add top-up SIP every year with salary increment.

Let SIPs rise with income growth.

Avoid starting big SIP and stopping later.

Avoid Index Funds — Choose Actively Managed Funds

Index funds just copy the market.

They don’t protect in falling markets.

No fund manager makes active decisions in index funds.

Actively managed funds adapt to market changes.

They help manage volatility with professional oversight.

Certified Financial Planners recommend active funds for goals.

Don’t Go for Direct Funds – Use Regular Funds via MFD with CFP

Direct funds don’t guide on asset mix.

You won’t get rebalancing or exit advice in direct plans.

Investors often choose wrong fund categories in direct route.

You may miss goal deadlines with wrong fund mix.

A Certified Financial Planner gives professional fund curation.

Regular plan has MFD support for lifetime investment discipline.

Continue Home Loan and Avoid Prepayment Now

Do not rush to prepay the loan right now.

You need liquidity for other financial goals.

Focus on creating wealth instead of reducing loan.

Let rental income partly support EMI.

Use surplus income for SIPs, not for prepayment.

Tax Benefits from Home Loan Can Also Support Planning

You get deduction under Sec 80C for principal.

Interest up to Rs 2 lakh per year is deductible under Sec 24.

These tax savings can boost your net take-home.

Redirect savings into long-term mutual funds.

Keep Rs 50 Lakh Goal in Focus – Needs Consistent SIPs

Rs 50 lakh in 10 years needs time and discipline.

Start small SIPs. Gradually scale up to Rs 15,000–20,000.

You need higher equity exposure for this goal.

Mix large-cap, flexi-cap and mid-cap funds.

Avoid conservative or debt funds for this goal.

Annual Salary Growth Can Boost Investment Potential

You expect 10% annual salary growth.

This is a major advantage. Use this smartly.

Every salary hike, increase your SIP by 10% to 15%.

Avoid lifestyle inflation. Keep expenses under control.

Growing SIP every year is better than big SIP once.

Don’t Use FDs or Traditional Policies for Long Goals

FDs don’t beat inflation in the long run.

Their returns are fully taxable.

Avoid parking long-term funds in FDs.

Same applies for traditional LIC policies.

They offer low return, poor liquidity.

If You Hold LIC or Investment-cum-Insurance Plans

ULIPs or endowment policies don’t help long-term wealth.

If you hold such policies, assess surrender value.

Consider exiting if they have completed 5 years.

Reinvest the maturity in equity mutual funds.

Separate insurance and investment always.

Protection Plan Is a Must for Army Officers

Buy a term plan equal to 15–20 times of annual income.

Premium is very low, benefits are high.

Choose plain term insurance, not return plans.

This secures family in case of uncertainty.

Future-Proof Your Plan with Goal-Based Investments

Keep investments linked to future goals.

Rs 50 lakh is a specific, time-bound goal.

Use goal tracking sheet every year.

If needed, realign fund choices.

Stay flexible, but never stop SIPs.

Track Fund Performance Every Year

Mutual funds should match your goal speed.

If any fund underperforms for 2 years, replace it.

Don’t chase past returns.

Use guidance from CFP for fund selection.

Review and rebalance every 12 months.

You Are on the Right Track, Keep Going Steady

Your EMI is structured, rent income supports cash flow.

Your expenses are low and controlled.

You are focused on wealth creation, that is powerful.

Now, just start small SIPs and keep them regular.

Follow plan with patience and discipline.

Finally

Do not let EMI stop your investment journey.

Start small SIPs and increase yearly.

Avoid direct and index funds.

Take guidance from a Certified Financial Planner.

Create Rs 50 lakh with steady and structured SIPs.

Use future salary hikes wisely.

Maintain emergency funds and term insurance.

Avoid FDs and traditional plans.

Your future is financially strong if you follow this path.

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

Ans: You have shared valuable context. Your wife and kids are in Bangalore for your children’s education. You are spending Rs 20,000 per month on rent. Their stay in Bangalore is expected for 5 to 7 years.

Let’s explore whether buying a house is better than continuing to stay on rent.

As a Certified Financial Planner, I will give you a 360-degree view. This will help you take an informed and confident decision.

Let’s assess your options now.

Family’s Duration of Stay Is Very Important

Your family will be in Bangalore only for 5 to 7 years.

This period is short for real estate investment.

Property needs longer holding period to break even on costs.

Stamp duty, registration, maintenance, brokerage are high in property.

You may not recover these costs within 5 to 7 years.

Flexibility Is Very High With Rental Living

Rental living gives you location flexibility.

You can change school zones easily if needed.

If your job changes city or your children need to shift, renting helps.

You can always move to better flats or localities.

With ownership, moving becomes costly and stressful.

Owning Means High Upfront Investment And EMI Burden

Even a small flat in Bangalore costs minimum Rs 60 to 80 lakhs.

You will need to pay 20% to 25% as down payment.

This will block your liquidity and emergency funds.

The EMI will likely be more than current rent.

That adds financial pressure for 15 to 20 years.

If You Sell Flat After 5–7 Years, It Is Uncertain

Property prices don’t always rise in short periods.

There is no guaranteed appreciation in 5–7 years.

If the area becomes crowded or unpopular, prices may even fall.

Finding a good buyer quickly is tough.

The resale may need discounts or compromises.

Even if you sell, you may not recover all costs.

Liquidity And Peace Of Mind Are Higher With Renting

You can always plan finances better when liquidity is strong.

You can invest the saved EMI in mutual funds.

This creates wealth with higher transparency and flexibility.

If your family wants to shift later, it’s easier when you rent.

Owning a flat creates attachment and restriction.

Let Us Evaluate Investment Return On Property Option

Real estate is not a liquid asset.

It can take months to sell.

You don’t earn monthly cash flow like mutual funds.

Maintenance cost and property tax eat into return.

Legal risks, tenant hassles also exist.

You cannot redeem part of it during emergencies.

Real Estate Returns Are Not Always Better

In 5–7 years, mutual funds can give better returns than property.

Mutual funds are more regulated and flexible.

SIPs allow systematic wealth creation without high risk.

You can stop, pause or increase SIPs as per need.

In mutual funds, there is better control over asset mix.

For Short Duration, Renting Is Cost-Effective

Renting at Rs 20,000/month means Rs 2.4 lakhs per year.

In 7 years, rent paid will be Rs 16.8 lakhs.

This is still far lower than buying and then selling flat.

It is better to keep the money growing in funds.

No stress of EMI, no risk of unsold property.

Are You Emotionally Attached To Buying A Home?

Some families feel mental peace in owning a house.

If that is your strong emotional need, only then consider buying.

But do not think from investment point of view.

Buying only for 5–7 years is not financially wise.

Renting gives you peace of mind with lower costs.

How Much Investment Is Ok, If You Still Want To Buy?

Keep flat budget below 40% of your total net worth.

Do not stretch EMI beyond 35% of your monthly income.

Keep 6 months expenses aside before booking a flat.

Check resale potential in the same area before purchase.

Never buy under-construction flat for short term purpose.

Ready-to-move flats are safer but still not ideal.

You Can Grow Wealth Better Through Mutual Funds

Mutual funds are good for 5 to 10 years investment goal.

They give diversification and long-term growth.

Choose SIPs in actively managed funds.

Avoid index funds. They do not outperform in all cycles.

Index funds lack professional stock picking.

Actively managed funds handle market corrections better.

A Certified Financial Planner can suggest good funds.

Avoid Direct Plans And Invest Through MFD With CFP

Direct funds do not give personalised advice.

Investors often pick wrong funds in direct mode.

There is no one to rebalance when needed.

A CFP-backed MFD understands market cycles and goals.

He will guide with discipline and performance review.

This helps avoid wrong exits and over-allocations.

If You Hold Investment-cum-Insurance Policies Like ULIPs or LIC

These do not give high returns.

Insurance should not be mixed with investment.

If you hold ULIPs or LIC savings policies, consider surrendering.

Reinvest the proceeds in mutual funds.

This will help meet your goals faster and with better returns.

Your Family’s Lifestyle Should Remain Stress-Free

Don’t let EMI impact your children’s education quality.

Don’t stretch budget for status or emotional pressure.

Renting is not a failure. It is smart when used well.

Focus on freedom and stability, not ownership.

Final Insights

For 5–7 years stay, renting is the better decision.

Don’t block your wealth in illiquid assets like property.

You need liquidity, flexibility, and peace of mind.

Keep your focus on your child’s education and family goals.

Channel savings to mutual funds with professional help.

Avoid emotional or societal pressure to buy.

Review financial decisions every 6 months with a Certified Financial Planner.

Rent now, invest wisely, and build wealth step-by-step.

You can buy a home later when your life goals are settled.

Till then, enjoy the flexibility that renting offers.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

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Ans: Choosing between KL University (KLU) CSE and Nitte Meenakshi Bangalore (NMIT) CSE hinges on institutional strengths and career goals. KLU (NAAC A++, NIRF #35 Engineering) offers robust industry collaborations (Cisco, IBM, Amazon) and certifications (AWS, Google), with a curriculum emphasizing IoT, AI, and cloud computing. Its 2024 placements reported a 75 LPA peak and 11 LPA average, supported by advanced labs and a 100-acre campus. NMIT (NAAC A+, NIRF #101-150 Engineering) provides strong regional industry ties (TCS, Infosys) and specializations like AI/Data Science, with a 47 LPA highest package and 6-7 LPA average. While NMIT’s Bangalore location offers metro exposure, KLU’s global partnerships and higher accreditation ensure broader tech integration. Prioritize KLU for cutting-edge infrastructure and industry-aligned training, or NMIT for Bangalore’s ecosystem and cost-effectiveness. All the BEST for your Admission & a Prosperous Future!

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Ans: Pratima, Dayananda Sagar College of Engineering (DSCE) offers a robust CSE program accredited by NAAC (A+) and NBA, with industry-aligned curricula developed in partnership with TCS and NVIDIA labs. The program emphasizes AI/ML, Data Science, and IoT, supported by modern labs, research centers, and collaborations with firms like Microsoft and IBM. Placements are consistent, with 67–90% of CSE students placed annually in companies like Amazon, Accenture, and Bosch, though infrastructure limitations (small classrooms, inconsistent Wi-Fi) and a traditional exam schedule are noted drawbacks. Faculty are experienced, fostering analytical and technical skills through hands-on projects and multidisciplinary research. The campus features eco-friendly infrastructure, a central library, and innovation hubs, but hostel food quality receives criticism. While newer VIT campuses offer broader recruiter access, DSCE’s autonomous status, strong regional industry ties, and focus on ethical, innovation-driven education make it a viable choice for CSE aspirants prioritizing skill development over metropolitan exposure. All the BEST for your Admission & a Prosperous Future!

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