Home > Career > Question
Need Expert Advice?Our Gurus Can Help

Mayank Chandel  |1606 Answers  |Ask -

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on Jun 20, 2024

Mayank Chandel has over 18 years of experience coaching and training students for various exams like IIT-JEE, NEET-UG, SAT, CLAT, CA and CS.
Besides coaching students for entrance exams, he also guides Class 10 and 12 students about career options in engineering, medicine and the vocational sciences.
His interest in coaching students led him to launch the firm, CareerStreets.
Chandel holds an engineering degree in electronics from Nagpur University.... more
Asked by Anonymous - Jun 19, 2024Hindi

Hi, I have recently passed out 12 standard & now im planning to give IPMAT exam next year. I have started taking coaching classes. Is it safe for me to take a drop? Some are enrolling themselves in a local college & doing the coaching side by side. Im really confused as I do not want to just enroll in a local college . Should I just give my best a year?

Ans: Hi
prepare well with a focussed approach for IPMAT. Stay confident & don't compare yourself with others. you will succeed.

You may like to see similar questions and answers below

Latest Questions

Ramalingam Kalirajan  |5010 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 19, 2024

Asked by Anonymous - Jun 09, 2024Hindi
I m 59 yrs old, retiring next year in August, working in govt aided higher secondary school, upon retirement I will get approx 50 lakhs, nd 50 k as pension. I have investment of 20 lakhs, own house, no loans nd kids settled, where should i invest my retirement corpus to get better returns. I also have 1 cr. term insurance nd 10 lakh health insurance
Ans: Current Status
Age: 59 years
Retirement: Next year in August
Job: Working in a government-aided higher secondary school
Retirement Benefits: Approx. Rs 50 lakhs
Pension: Rs 50,000 per month
Investments: Rs 20 lakhs
Assets: Own house
Loans: None
Kids: Settled
Insurance: Rs 1 crore term insurance and Rs 10 lakhs health insurance
Objective: Invest retirement corpus for better returns
Investment Strategies for Retirement Corpus
Diversified Portfolio
Safety and Stability
Allocate a portion to safe, stable options. These ensure a steady income stream.

Fixed Deposits (FDs): Allocate 20%. Offers safety and fixed returns.
Senior Citizen Savings Scheme (SCSS): Allocate 20%. Provides regular income with tax benefits.
RBI Bonds: Allocate 20%. Offers fixed interest and is a government-backed option.
Growth and Inflation Protection
Allocate a portion to growth options. These protect against inflation and ensure corpus growth.

Mutual Funds: Allocate 30%. Choose actively managed funds for better returns. Include large-cap, balanced, and debt funds.
Systematic Withdrawal Plan (SWP): For regular income from mutual funds. Tax-efficient and steady returns.
Liquidity and Emergencies
Keep some funds liquid for emergencies.

Liquid Funds: Allocate 10%. Easy access and better returns than savings accounts.
Savings Account: Allocate 10%. For immediate access and safety.
Detailed Analysis
Fixed Deposits and SCSS
Fixed Deposits
Safety: High
Returns: Moderate, fixed interest
Liquidity: Low, early withdrawal penalties
Senior Citizen Savings Scheme
Safety: Very high
Returns: Higher interest rates for seniors
Tax Benefits: Under Section 80C
Lock-in Period: 5 years, extendable
RBI Bonds
Safety: Government-backed
Returns: Fixed interest, higher than FDs
Lock-in Period: 7 years
Mutual Funds
Large-Cap Funds: Stability and growth
Balanced Funds: Equity and debt mix for balanced risk
Debt Funds: Lower risk, stable returns
Systematic Withdrawal Plan (SWP)
Regular Income: Monthly or quarterly
Tax Efficiency: Gains taxed as per long-term capital gains
Liquid Funds and Savings Account
Liquid Funds
Returns: Higher than savings accounts
Liquidity: High, easy access
Savings Account
Safety: Very high
Liquidity: Immediate access
Managing Risk and Ensuring Returns
Regular Monitoring
Review Portfolio: Quarterly reviews to adjust for market changes
Rebalance: Ensure the portfolio stays aligned with goals
Professional Guidance
Certified Financial Planner: Seek advice for personalized planning and strategy
Final Insights
Your financial situation is strong. With no loans and settled children, focus on maintaining and growing your corpus. Diversify your investments to ensure safety, steady income, and growth. Regular monitoring and adjustments will help meet your retirement goals effectively.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner


...Read more


Ramalingam Kalirajan  |5010 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 19, 2024

Sir i have 1.5 lakh to invest mutual fund. Kindly advise which fund good return
Ans: You have Rs. 1.5 lakhs to invest in mutual funds. You seek guidance on choosing the right funds for good returns.

Investment Goals and Risk Tolerance
1. Define Your Goals:

Clarify your financial goals. Are you saving for retirement, a child's education, or another purpose?

2. Assess Risk Tolerance:

Understand your risk tolerance. Higher risk can bring higher returns, but also potential losses.

Investment Strategy
1. Diversified Portfolio:

Diversify your investments. Spread across different types of funds to reduce risk.

2. Actively Managed Funds:

Choose actively managed funds. They often outperform index funds due to professional management.

3. Long-Term Horizon:

Invest for the long term. This can help you ride out market volatility and maximise returns.

Recommended Fund Categories
1. Equity Funds:

Equity funds can offer high returns. They invest in stocks of various companies. Suitable for long-term growth.

2. Debt Funds:

Debt funds are less risky. They invest in fixed-income securities. Provide stability and regular returns.

3. Balanced Funds:

Balanced funds mix equity and debt. They offer growth potential and stability. Suitable for moderate risk tolerance.

Suggested Allocation
1. Equity Fund Allocation:

Invest Rs. 75,000 in equity funds. Choose funds with a strong track record. These can provide high growth potential.

2. Debt Fund Allocation:

Invest Rs. 50,000 in debt funds. This ensures stability in your portfolio. These funds are less volatile.

3. Balanced Fund Allocation:

Invest Rs. 25,000 in balanced funds. This provides a mix of growth and stability. Suitable for moderate risk.

Why Avoid Index Funds
1. Lower Returns:

Index funds often have lower returns. Actively managed funds can outperform them.

2. Less Flexibility:

Index funds track a specific index. They lack the flexibility to adjust to market changes.

Why Choose Regular Funds Over Direct Funds
1. Professional Guidance:

Regular funds come with professional guidance. Certified Financial Planners can help you make informed decisions.

2. Better Management:

Regular funds are managed by experts. They adjust the portfolio based on market conditions.

Monitoring and Review
1. Regular Monitoring:

Monitor your investments regularly. Check performance and make necessary adjustments.

2. Annual Review:

Review your investment strategy annually. Assess if you are on track to meet your goals. Adjust your portfolio as needed.

Final Insights
Start by defining your goals and assessing your risk tolerance. Diversify your portfolio with equity, debt, and balanced funds. Avoid index funds due to lower returns. Choose regular funds for professional guidance and better management. Monitor your investments regularly and review them annually. This approach will help you achieve your financial goals and secure your future.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,


...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.


You haven't logged in yet. To ask a question, Please Log in below

A verification OTP will be sent to this
Mobile Number / Email

Enter OTP
A 6 digit code has been sent to

Resend OTP in120seconds

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus
Sign up

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

Enter OTP
A 6 digit code has been sent to Mobile

Resend OTP in120seconds