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Preetam

Preetam Patil  | Answer  |Ask -

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

Professor Preetam Patil is the founder and principal of Mumbai-based Laksha 24, which offers coaching for IIT-JEE, NEET and MH-CET entrance exams and for Classes 11 and 12. He offers free online coaching through his YouTube channel, Prime Physics. Patil has an MSc in electronics from Nowrosjee Wadia College, Pune. With over 18 years of experience, PPT Sir has trained over 20,000 students, including toppers and aspirant tutors from across Maharashtra.... more
Asked by Anonymous - Feb 21, 2023Hindi
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Career

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!
Career

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Mutual Funds, Financial Planning Expert - Answered on Apr 27, 2026

Money
I am in SWP segments drawing from my corpus. I understand that SWP is fixed amount but when years go required amount should also go, so can set SWP in units instead of SWP in amount Please guide
Ans: You are thinking in the right direction. Your understanding is practical. Income should grow with time, not stay flat. That is a very important insight.

» Understanding SWP – Amount vs Units

SWP in fixed amount means you withdraw same Rs value every month
SWP in units means you redeem a fixed number of units

Reality:

Mutual fund platforms mainly allow SWP in amount, not in units
So unit-based SWP is not a standard option

» Challenge with Fixed Amount SWP

Your expenses will increase due to inflation
But SWP amount remains constant unless you change it

Result:

Your real income reduces over time
Purchasing power goes down

» Why SWP in Units is Not Ideal Anyway
Even if it was available:

Market goes up → you withdraw more money than needed
Market goes down → you withdraw less money when you need more

So income becomes unpredictable
This is not suitable for regular expenses

» Better Approach – Step-up SWP Strategy
Instead of units, follow this:

Start SWP with a comfortable amount
Increase SWP every year by 5% to 7%
This matches inflation and lifestyle increase

Example approach:

Year 1: Rs X per month
Year 2: Rs X + 5%
Year 3: Rs X + 5%

This gives:

Stability
Growth in income
Better control

» Bucket Strategy – More Stability
Divide your corpus into 3 parts:

Short-term (0–3 years expenses)
Keep in low-risk or liquid funds
Use this for SWP
Medium-term (3–7 years)
Balanced funds
Long-term (7+ years)
Equity funds

How it helps:

You don’t depend on market timing
You avoid selling equity in bad markets
Your income becomes stable

» Practical Execution

Run SWP only from short-term bucket
Refill this bucket once a year from other buckets
Review SWP amount annually and increase

» Tax Efficiency Insight

SWP is tax-efficient
Only capital gain portion is taxed
Long-term equity gains above Rs 1.25 lakh taxed at 12.5%
So gradual withdrawal is better than lump sum

» Finally

SWP in units is not required and not practical
Fixed SWP with annual increase is the right method
Use bucket strategy to protect income
Review once a year, not too frequently

This way, your income will grow, remain stable, and last longer.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

https://www.linkedin.com/in/ramalingamcfp/

...Read more

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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