I'm doing job as frontend developer in very small company and I got stipend 5000 per month meanwhile I also want to prepare for gate exam but I'm confused what should I do ? Should I do job ? Should I prepare for gate? Should I do both job + gate preparation? I'm afraid because due to recession job is not getting easier and if I got fail in gate exam then I don't have anything to do

Ans: IIIT Trichy is a fully government-funded institute established under the IIIT Act with NAAC accreditation and AICTE approval. Its outcome-based curriculum is delivered by faculty with strong research and industry backgrounds. Modern labs in IoT, AI, and cybersecurity support hands-on learning, and MoUs with leading tech firms facilitate internships and live projects. The Training and Placement Cell has achieved placement rates of 85–90% over the last three years for core IT and CSE branches, with recruiters such as Infosys, Deloitte, and Cisco. Transparent governance, an active alumni network, and vibrant campus life further enhance academic and professional development.

Recommendation: Accept the IIIT Trichy floating offer to secure admission in a high-quality, government-backed institute offering strong academics, infrastructure, and placement support. Only pursue further rounds if you have a confirmed offer from an institution demonstrably stronger in accreditation, research, and long-term career outcomes. All the BEST for a Prosperous Future!

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Ans: VIT Chennai's School of Mechanical Engineering offers extensive internship opportunities for core mechanical students through strong industry partnerships with companies like Bosch, Tata Motors, Mahindra, ISRO, DRDO, Ather Energy, and Volvo. Students can pursue mandatory summer internships after second or third year and final semester internships with companies providing pre-placement offers. The school's MoUs with over 75 organizations including Saint Gobain, Johnson Controls, and Honeywell facilitate research internships, project collaborations, and live industry problem-solving. Essential institutional aspects include NAAC A+ accreditation, experienced faculty with PhD qualifications, state-of-the-art laboratories for thermal systems and CAD/CAM, transparent governance structures, and dedicated placement cells ensuring career support and industry readiness through practical exposure.

Recommendation: VIT Chennai provides excellent mechanical engineering internship scope through diverse industry collaborations, mandatory structured programs, and strong placement support. The comprehensive industry exposure, modern facilities, and experienced faculty make it an ideal choice for core mechanical engineering career development. However, try to have back-ups for internships instead of relying only on VIT. All the BEST for a Prosperous Future!

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Ans: Hello dear
Prefer CSC @ IIIT Sricity if possible.

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

Ans: You are already showing strong discipline with Rs. 35,000 monthly SIPs. Starting early and staying consistent is the key to building your Rs. 1 crore goal in 10 years. Your current income and surplus allow you to plan in a structured way without putting pressure on your lifestyle.

» assessment of present portfolio
– Current SIPs are in smallcap, midcap, flexicap, and index funds.
– Smallcap and midcap funds give high growth potential but carry high volatility.
– Flexicap offers balance by letting the fund manager switch between market caps.
– Nifty 50 index gives broad market exposure but no active management flexibility.
– Index funds simply copy the market and cannot avoid downside in bad phases.
– Actively managed funds can shift allocation to protect returns during corrections.

» building a more diversified allocation
– Avoid over-concentration in smallcap and midcap segments.
– Keep largecap actively managed funds as a stability anchor.
– Maintain some exposure to debt mutual funds for safety and liquidity.
– Include an international equity fund for global diversification.
– This reduces risk from Indian market downturns and currency fluctuations.

» recommended asset split for 10-year goal
– Equity funds: 70% of monthly investment.
– Debt funds: 20% of monthly investment.
– Gold or other hedge assets: 10% of monthly investment.
– This balance offers growth, safety, and inflation protection.

» adjusting current SIP mix
– Reduce direct index fund allocation and replace with actively managed largecap or multicap funds.
– Continue with one midcap fund but avoid holding too many in the same category.
– Retain flexicap fund for dynamic market allocation.
– Keep smallcap exposure limited to 10–15% of total portfolio for high growth potential without excessive volatility.

» role of debt allocation in your case
– Debt mutual funds give stability during market falls.
– They also provide liquidity for planned expenses or emergencies.
– Over 10 years, the debt portion will be shifted towards equity in the early years, then increased again in the last 3 years for safety before withdrawal.

» impact of home loan EMI increase
– Your EMI will rise, reducing investible surplus temporarily.
– Plan in advance so you do not stop SIPs when EMI increases.
– Keep an emergency buffer equal to at least 6 months of EMI + expenses.
– This prevents you from redeeming growth investments for loan needs.

» estimating potential growth towards Rs. 1 crore
– If you invest consistently and follow a balanced allocation,
– Equity growth over 10 years can multiply invested amounts significantly.
– The debt portion will add stability and protect from market timing risks.
– Even with moderate growth assumptions, Rs. 1 crore in 10 years is realistic.

» tax planning for your investments
– Equity mutual funds: LTCG above Rs. 1.25 lakh in a year taxed at 12.5%.
– STCG on equity: 20% tax rate.
– Debt mutual funds: taxed as per your income slab for both short and long term.
– Plan redemptions around your goal year to minimise tax liability.

» review and rebalancing
– Review portfolio performance annually.
– If one category grows beyond target allocation, rebalance to maintain risk level.
– Rebalancing avoids over-exposure to any single segment.
– In last 2–3 years before goal, gradually shift gains to debt for safety.

» safeguarding financial plan
– Ensure you have adequate health and life insurance.
– This keeps your investment plan safe even if an emergency occurs.
– Avoid stopping SIPs unless there is a severe cash flow issue.
– Continue business or salary income growth to keep surplus healthy.

» finally
You already have the right habit of disciplined SIPs. By reducing over-concentration in high-risk segments, shifting some index fund allocation to actively managed funds, and adding a planned debt portion, you can control risk while targeting Rs. 1 crore in 10 years. Staying consistent, rebalancing regularly, and protecting your plan with insurance will ensure you reach your goal confidently.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

Ans: singledebt.in, you can even try bajaj finance, mymudra.com

Ans: Hello dear
Prefer VLSI @ NSUT Dwarka for bright prospects and broader tech exposure.

Good luck.
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Radheshyam

Ans: Hello dear
Prefer IT @ JIIT 128 for a better perspective.

Good luck.
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Radheshyam

Ans: Hello dear
Prefer CS @ NIT Delhi over other options. The final choice will be yours.

Good luck.
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Radheshyam

Ans: Hello dear
Chances appear to be slim. NIT Calicut is also a good choice. Stay positive, as many aspirants don't get admission to any NITs or IIITs.

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