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Mayank

Mayank Kumar  |193 Answers  |Ask -

Education Expert - Answered on Jul 26, 2023

Mayank Kumar is the co-founder and managing director of upGrad, a higher EdTech company. With over 10 years of experience in the education sector, Kumar can offer guidance about degree courses, campus, job-linked and executive programmes and studying abroad.An MBA graduate from ISB Hyderabad, he holds a BTech in mechanical engineering from IIT Delhi.... more
Aloke Question by Aloke on Jul 20, 2023Hindi
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Is NIEF ranking is important for choosing Private universities? What are the other parameters to find a good university?

Ans: Hi Aloke, while NIRF rankings are government compliant and add significant credibility, we must also assess other factors before making a career choice. The decision to opt for a program should be aligned with individuals’ future goals that coincide with their professional as well as personal interests.

The first step is evaluating your requirement - you could be a full-time professional looking for a change or growth opportunities in the industry or a student aiming for a higher degree. And these would also influence your career aspirations and your willingness to pursue a certain subject or skill.

Secondly, choosing a program that is affiliated with renowned institutions or that has received accreditations from national or international bodies is important. The core lies in your choice of the institution that will provide quality education and placement opportunities for a ​p​progressive career ahead.

Thirdly, the financial aspect of the program will have a​ certain influence. We recommend weighing balances on the cost incurred from the program and its return on the value gained, before making the final call. The type of program, the institution offering the program, and its result quality, will fix the cost that is on-demand.

Fourthly, the time it takes to pay off your investment in online programs sometimes feels undulating. Placement opportunities from the institution which offers you the program become the crucial deciding factor in the selection of the right plan. A suitable choice in selecting the best online program will measure your discretion as to what your next career step will be to be a feather on the previously golden experience-cap, or as a kick-start opportunity scaling into the industry.

And lastly, the kind of placement/career opportunities the program offers that could help professionals transition in their careers, becomes critical in the decision-making process. With all the factors mentioned above, you can choose the best-suited online program for yourself, in any preferred choice of field. The selection process must be a fastidious one with a precise review of all the individual points in determining the conclusion.
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Milind

Milind Vadjikar  |1030 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Feb 17, 2025

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Hello sir, I am 33years old and like to have a stable life with a good retirement corpus along with children education. I have 2 sons both are of 1 and 3years old respectively and my wife is a housewife. I am having FD of 16L, 10L in gold, bought a flat paying housing loan EMI of 25K, having term insurance for 1cr and health insurance for 4L. I am making investments in mutual funds SIP of 30k since last 1 year. Hdfc dividend yeild fund 1000 Icici bluechip fund 8000 Quant small cap fund 1000 Canara robecco small cap fund 1000 Uti nifty index fund 5000 Icici balanced advantage fund 5000 Jm flexicap fund 2000 Quant elss fund 5000 Parag pareekh flexicap fund 2000 Lumsum Investments Sbi healthcare fund 20K Quant infrastruture fund 10k Sbi magnum gilt fund 20k Plz advice....am i really doing good with these investments or shall i replan my investments....
Ans: Hello;

Having 12 funds(9 sip+3 lumpsum) in portfolio is not required.

You need to just 4 funds for your sip of 30 K(divided equally):
1. Flexicap fund
2. Large and midcap fund
3. Balanced advantage fund
4. Multi asset allocation fund

You may consider exiting the sectoral, thematic and debt fund owned by you and redeploy it in your regular funds.

This ensures equity(large cap oriented)is predominant asset class in your portfolio but it also has exposure to debt and gold for balance and risk mitigation.

Also keep a target to step up sip amount every year by 7-10% atleast.

This will go towards higher education provision for your kids. (~1.85 Cr in 15 years considering 7% annual top-up and 10% modest returns)

For your retirement planning you may consider NPS and start with a decent amount(~30 K pm) as regular investment since time is on your side(27 years to hit 60 age).[3.45 Cr in 27 years without any step up consideration. 8% returns assumed].

Consider buying home loan insurance and super top-up health cover.

Happy Investing;
X: @mars_invest

...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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