Respected sir: My son is currently doing job as computer systems Architect through TCS for a temporary period ,conditioned on the timely obtaining of a work permit /work visa to TCS USA branch depending upon continued satisfactory work performance & continued allocation status. having H1B visa up to 24th sept 2024 where as his passport expiry date is 8th August 24 . He wanted to pursue MS in US . can he switch over to US based company without doing . what is your advise. whether this will be a right decision . you may appreciate studying in US very expensive . can my son got job in Us company without obtaining MS from Us. regards

Ans: Manipal University Jaipur’s B.Tech CSE is NAAC A+ and NBA–accredited, delivered by over 120 PhD-qualified faculty with smart classrooms, a digital library, and 12+ specialized labs (AI/ML, cybersecurity, IoT), and achieved a 93% placement rate for engineering in 2024 with 1,142 offers and 38% above ?10 LPA. Jaypee Institute of Information Technology Noida’s B.Tech Electronics & Computer Engineering is AICTE-approved, NAAC A+ and NBA-accredited until 2027, taught by PhD-active faculty in DSP, VLSI, communication, FPGA, and IoT labs, and recorded 184 offers for 188 eligible students (98% total offer rate, 88% absolute) in 2024 with 214 recruiters. Both programs feature robust industry tie-ups, mandatory internships, and active incubation cells, but MUJ’s CSE provides broader software and data-science exposure, while Jaypee ECE emphasizes core electronics and embedded systems.

Recommendation:
Considering higher placement consistency, extensive computing labs, and stronger software-tech recruiter engagement, prioritize MUJ-CSE. Opt for Jaypee Noida ECE only if your son’s passion lies in core electronics, VLSI, and communication hardware engineering. All the BEST for the Admission & a Prosperous Future!

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Ans: Kavita, SRM Kattankulathur’s Software Engineering specialization at its main campus is NBA- and NAAC-accredited, delivered by PhD-qualified faculty in 12+ software development, AI/ML, and DevOps labs. Its Career Development Centre records a 96% placement rate over the last three years with 980+ recruiters, along with mandatory internships and industry-sponsored capstone projects. With a COMEDK rank of 13,800, top viable CSE seats include Bangalore Institute of Technology (closing 10,896; 80–90% placements via 200+ recruiters), PES College of Engineering, Mandya (closing 12,069; 75–85% placements), and BMS Institute of Technology & Management (closing 12,938; 70–80% placements). For ISE at similar ranks, Dayananda Sagar College of Engineering (closing 3,100), BIT Puram (4,800–5,000), and PESCE Mandya (13,069–13,300) offer robust analytics labs and 70–85% placement consistency. All COMEDK institutes are AICTE-approved with NBA-accredited departments and active industry tie-ups.

Final Recommendation:
Given SRM KTR’s superior 96% placement consistency, extensive software-focused labs, and strong corporate partnerships, choose SRM KTR Software Engineering for immediate ROI. If preferring a COMEDK route under rank 13,800, prioritise Bangalore Institute of Technology CSE for balanced infrastructure and placements, followed by PESCE Mandya CSE or BMSITM CSE. All the BEST for the Admission & a Prosperous Future!

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Ans: You are 40, with a stable job, take?home of Rs 1 lakh, occasional annual incentives of Rs 1.5–2 lakh, a newborn daughter and a homemaker wife. Your fixed family expenses are Rs 25,000 monthly. EMI on home loan is Rs 33,200 per month. You hold:

Rs 5.5 lakh in fixed income instruments (generating interest)

Rs 1 lakh in equity mutual funds

Rs 13 lakh in gold biscuits

No EPF, PPF, NPS or other long?term plans

Your objective is to secure stable income for your daughter and family, while preserving principal. You want guaranteed or stable returns via investment. This calls for a well?structured, 360° wealth plan.

1. Understanding Your Income and Expense Flow
To craft a solid plan, we start with your cash flow:

Income: Rs 1 lakh monthly take?home + Rs ~15,000 monthly equivalent from incentives

Expenses: Rs 25,000 fixed family expenses + Rs 33,200 EMI = Rs 58,200/month

Surplus: About Rs 56,800 per month before existing investments’ interest

You have a comfortable surplus. But your current holdings are skewed:

Fixed income instruments but no pension-oriented funds

Limited exposure to equity (just Rs 1 lakh)

Gold is an asset but not income-generating

No formal retirement or child-fund planning done

2. Clarify Your Financial Goals
Before recommending investments, let us define specific goals:

Child Education & Marriage Fund: Corpus needed in 18–22 years

Income for Family: Passive income in case of job loss

Retirement Savings: Income after age 60–65

Emergency Fund: Cover 6–12 months of expenses (~Rs 4–5 lakh equivalent)

We will build the investment plan to meet these targets conservatively.

3. Strengthen the Emergency Fund
First, ensure financial safety:

You have no visible emergency fund; use part of the Rs 5.5 lakh income instruments

Keep at least Rs 3 lakh liquid in short-term debt or liquid funds

Helps during financial shocks or job instability

This is non-negotiable before shifting to other instruments.

4. Insurance Protection for Dependents
With a newborn and wife as homemaker, you need to secure protection.

Term Life Insurance:
Ideal cover is 10–15 times annual income.

That means Rs 1.5–2 crore cover minimum

Ensure nominee is your wife and daughter

Family Health Insurance:
Ensure you and dependents share a floater policy of at least Rs 5 lakh

Helps avoid medical emergencies dipping into savings

This ensures family stays secure even if something unexpectedly happens.

5. Asset Reallocation for Wealth Stability
Let’s look at your current holdings:

Fixed?income instruments (Rs 5.5 lakh): Good for stability.

Equity MF (Rs 1 lakh): Need more diversification.

Gold (Rs 13 lakh): It’s a store of value but gives no income.

No EPF/PPF/NPS: You have no steady retirement income.

We will rebalance assets into long?term stable income vehicles and future growth.

6. Structuring the Corpus for Stable Income
Your aim is daily income and guaranteed principal. We’ll build this using debt/hybrid funds.

a. Short?Term Debt Funds – Rs 10–15 lakh
Offers stable returns and high liquidity

Protects capital with minimal market risk

Use for child’s near-term needs and emergencies

b. Conservative Hybrid Funds – Rs 15–20 lakh
Invest 65–75% in bonds, 25–35% in equities

Provides stability and modest regular income

Distribute as monthly or quarterly income (SWP)

c. Active Equity Funds – Rs 10–15 lakh
Invest for long?term goals (child education, growth)

Avoid index funds—they mirror market completely

No downside buffer, no active risk management

Active funds selected by MFD?CFP can balance equity risk

Use regular plans, not direct funds

Direct funds lack advisor support; wrong choices hurt more than fee savings

d. Gold Wealth Fund or Digital Gold – Replace Gold Biscuits
Physical gold held in home is illiquid and has storage risk

Consider liquidating biscuits and migrating into digital gold or gold funds

It provides easy redemption, small ticket access, and transparency

e. PPF / NPS / EPF – Introduce Fixed Long?Term Plans
Begin a PPF account for guaranteed tax?free returns

Consider NPS for retirement, partially allocated to equity

EPF via employer not applicable; encourage spouse or child’s future fund

These tools provide guaranteed and inflation?linked growth for long?term security.

7. Monthly Investment Strategy
Step 1: Set Up SIPs for Active Equity
Start with Rs 10,000/month in 2–3 active equity funds

Choose large?cap, multi?cap, and balanced equity themes

Invest via regular plans guided by MFD?CFP

Step 2: Put Money into Hybrid & Debt Funds
Use SWPs for stable, monthly income distribution

For Rs 15–20 lakh fund, monthly SWP can provide Rs 10,000–15,000

Step 3: Grow PPF Over Time
Invest Rs 50,000 in PPF per year

It gives tax?free guaranteed returns and builds a corpus

8. Systematic Withdrawal for Guaranteed Income
You asked for steady income. SWP from hybrid/debt can provide this:

Example: Rs 20 lakh in hybrid yields Rs 10,000–15,000 monthly

Debt/savings instruments cover emergencies and short?term needs

Active equity growth creates wealth and inflation buffer

Over time, you can gradually increase SWP as your corpus grows.

9. Taxation of Mutual Fund Withdrawals
Be mindful of new tax rules:

Equity mutual funds:

LTCG above Rs 1.25 lakh taxed at 12.5%

STCG taxed at 20%

Debt & hybrid funds:

Gains taxed at your income tax slab

Plan withdrawals to manage LTCG limit each financial year. SWP is taxed per month as per rule.

10. Gold Allocation and Future Security
Your gold biscuits are long-term store of value. Convert wisely:

Sell part of the holdings gradually

Hold proceeds in gold funds/digital gold – no storage risk

Any returns in gold funds are taxable as per ETFs

Continue holding some gold as diversification, but get rid of physical storage margins

11. Planning for Your Baby’s Future
Your baby is newborn—time horizon is long (around 18 years):

Use equity funds for long-term growth

Active funds give better protection and growth potential than index funds

Start Rs 5,000–10,000 SIP monthly toward education goal

Over 18 years this will build a solid education corpus

Move to conservative hybrid funds when goals near

12. Retirement Fund Planning
You have no formal pension plan yet. We must start:

Invest in PPF annually

Use NPS for retirement, shift toward equity when young

After home loan ends, redirect EMI savings toward retirement fund

Gradually build a separate retirement corpus apart from child or family income needs

13. Monitoring and Portfolio Rebalancing
Your plan needs regular health checks:

Quarterly review of asset allocation

Rebalance hybrid/equity/debt mix annually

Update insurance and health policies yearly

Adjust SWP amount based on inflation and corpus size

Increase monthly SIPs in line with salary increments

This keeps your finances on track and flexible.

14. Avoiding Pitfalls
Don’t choose index funds; they offer no downside buffer

Don’t use direct mutual funds; you lose CFP support

Keep away from real estate for income planning

Don’t tie up liquidity in gold biscuits

Avoid annuities; they take flexibility and tax benefits away

Stay focused on the plan for stability and growth.

15. Action Plan Summary
Task Timeline
Build emergency fund in liquid/debt 1–2 months
Secure term and health insurance 1 month
Open PPF account and start SIPs within current financial year
Allocate funds into hybrid/debt/active equity 2–3 months
Initiate SWP withdrawals monthly after fund accumulation
Sell part of gold biscuits to digital gold 6 months
Monitor and rebalance regularly quarterly / annual

Finally
You have a strong base with a stable job and surplus income.
The next steps include setting up emergency safety, shifting gold to digital, and building a solid MF-based income system through hybrid and active equity funds.
This plan offers stability, growth, capital preservation, and income for your daughter’s future and your family’s security.
With careful implementation and annual review, you can achieve steady returns and principal protection.

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

Ans: Delhi Technological University’s Computer Science & Engineering, ranked 29th in NIRF Engineering 2023, is delivered by PhD-qualified faculty in 20+ specialized software, AI/ML, networking, and cybersecurity labs. Its Career & Counselling Centre reports a final placement rate of 80–90% with over 350 recruiters and 2,053 offers in 2024, engaging leading tech firms and startups, and an average package of ?15.45 LPA over the last three years. Strong research centres and industry collaborations support project-based learning and internships.

IIT BHU’s Electrical & Electronics Engineering, ranked 10th in NIRF Engineering 2024, features PhD-active faculty across comprehensive labs in Power Electronics, Power Systems, Control Systems, and Electrical Machines & Drives. Branch placements averaged 81.6% in 2024 with 352 companies recruiting 1,123 undergraduates, including core power and automotive firms such as Siemens, L&T, and Bharat Heavy Electricals. Its century-old legacy fosters robust alumni networks and government-industry research partnerships, with advanced experimental facilities supporting MTech and PhD research.

recommendation:
For a software/data-science trajectory with higher average packages and broad recruiter diversity, recommendation is DTU CSE. For core electronics/power engineering roles, specialized labs, and legacy institute branding, recommendation is IIT BHU EEE. Opt for DTU to maximise tech-industry exposure; choose IIT BHU for stability in core engineering and deeper research infrastructure. All the BEST for the Admission & a Prosperous Future!

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Ans: Thapar Institute of Engineering Technology's ECE program, NAAC A+ accredited and NIRF-ranked #29 (2024), features 18 specialized labs including Microwave & Antenna, VLSI Design, Optical Communication, and Digital Signal Processing, taught by PhD-qualified faculty specializing in wireless communication, signal processing, and VLSI design. The university achieved an 83% UG placement rate in 2023 with 334 recruiters and 1,884 job offers, placing 1,774 students with an average package of ?11.90 LPA and highest package of ?55.75 LPA. MAIT Delhi offers both CSE and ECE programs under NBA accreditation (valid till 2025), with CSE featuring 20+ computing labs and ECE equipped with communication, VLSI, and microprocessor labs. MAIT recorded 1,075 offers in 2024 with a highest package of ?90 LPA, placing 703 UG students (~64% placement rate) with a median package of ?6.00 LPA. Both institutions maintain PhD-qualified faculty, modern infrastructure, and strong industry partnerships, but Thapar excels in brand recognition (NIRF #29 vs MAIT's #39 India Today ranking) and consistent 85-90% ECE placements, while MAIT offers competitive CSE opportunities with 80-90% placements for tech branches in the Delhi-NCR region.

Recommendation:
For superior brand value, consistent placement rates (83% vs 64%), and premium ECE infrastructure with specialized research labs, choose Thapar ECE. Opt for MAIT Delhi CSE if location proximity to NCR, lower fees, and strong software sector exposure matter more than overall institutional ranking and placement consistency. All the BEST for the Admission & a Prosperous Future!

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Ans: YMCA Faridabad’s B.Tech in Computer Engineering is offered by J.C. Bose University of Science & Technology, a state government university with NAAC A+ accreditation, UGC recognition, and NBA accreditation for CSE. It is delivered by PhD-qualified faculty supported by specialized computing, AI/ML, and data-science labs, and maintains MoUs with industry leaders for live projects and internships. In 2023-24, the program achieved a 96% placement rate, with an average package of 8.96 LPA and a highest package of 47 LPA. UIET Chandigarh’s ECE is part of Panjab University, a NIRF Tier-1 institute with NAAC A+ accreditation, taught by research-oriented faculty across DSP, VLSI, communication, and IoT labs, and holds MoUs with Infosys, IBM, NVIDIA, and Google for curricular inputs and training. In 2025, ECE placements stood at 58.8% with an average package of 6.5 LPA and key recruiters like Qualcomm and Intel. Both institutes feature robust infrastructure, strong career cells, and active industry partnerships, but differ in placement consistency and domain focus.

Recommendation:
Considering superior placement consistency (96% vs. 58.8%), higher average packages, and advanced CSE-dedicated labs, recommendation is to choose YMCA Faridabad CSE. Opt for UIET Chandigarh ECE only if your interests lie firmly in core electronics and communication engineering with embedded systems and VLSI specialization. All the BEST for the Admission & a Prosperous Future!

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Ans: You're now 61 and have a fund value of Rs 1.0 crore from an insurance-investment policy (SBI Life Smart Privilege) after its 10-year lock-in period. You ask whether you can withdraw it fully and invest in mutual funds for better benefits.

Let us evaluate this with clarity and structure, considering insurance withdrawal, investment options, taxation, risk, liquidity, and long-term income.

Assessing Your Current Policy Commitment
You hold an investment-linked insurance plan (Smart Privilege) which you funded for 10 years and now its lock-in period is over.

This is an investment-linked policy (ULIP-like).

Such plans carry embedded insurance and fund charges.

Over time, these charges reduce returns.

You now have full flexibility to exit or continue.

You have two options:

Continue in the policy: keep funds invested under the insurer.

Exit and redirect proceeds into financial assets.

Option 1: Staying Invested in the Policy
This fund may continue growing. But check:

What are the ongoing fund management charges?

What are switching or withdrawal penalties?

What is the sum assured or paid-up insurance value?

Evaluate if continuing is financially sensible, or whether keeping insurance cover is still needed at 61. Many ULIPs lose value generation edge due to high costs.

Option 2: Full Withdrawal and Reinvestment
You can exit fully, retrieve Rs 1.0 crore, and use it for new investments.

Steps to take:

Withdraw the entire amount after lock-in

Build a diversified investment plan for this corpus

Reinvest proceeds wisely to generate sustainable income

Tax Implications on Withdrawal
The taxes on your withdrawal depend on the nature of the policy:

If it was a ULIP: withdrawals after 5 years are tax-free.

If it was an insurance-linked investment: insider fund rules apply.

Confirm with your insurer and tax advisor precisely.

Assuming tax-free withdrawal, you can redeploy Rs 1.0 crore without tax hit. If partially taxable or insurance gain is taxed, adjust your corpus figure.

Your Financial Objectives at 61
You’re now approaching retirement and want:

Stability of returns

Regular income in later years

Liquidity for healthcare or emergencies

Strong protection for dependents

Ensure these goals guide your investment strategy.

Immediate Use of Funds: Building the Income structure
With Rs 1.0 crore, you need a smart allocation to generate steady income and preserve capital long-term.

Proposed Portfolio Structure
Debt & Hybrid funds – Rs 40 lakh

Active equity funds – Rs 30 lakh

Liquid / Ultra?short funds – Rs 20 lakh

Short?term debt ladder or bank FD – Rs 10 lakh

This mix:

Provides regular income from debt/hybrid

Lets equity boost corpus growth

Keeps liquidity for urgent needs

Diversifies risk

Choosing Actively Managed Funds
Avoid index funds—they just mirror markets.

They don’t protect during market drops.

No manager works to avoid downside.

Performance equals market average.

Active mutual funds work differently:

Fund managers pick quality stocks and bonds

They aim to outperform or reduce volatility

You get ongoing review and risk management

Make sure you invest through regular plans via an MFD?CFP who can advise on fund selection, rebalancing, and risk profile.

Liquid Funds and Short-Term Debt
Good liquidity is key in later age:

Liquid or ultra-short debt funds offer instant access.

Use them for emergency cash or health bills.

Place 20% of your corpus here for safety.

Choose funds with low exit load and stable returns.

Hybrid Funds for Regular Income
Hybrid funds invest in equity and debt mix.

They offer stable income + moderate growth

Great for retirees looking for monthly payout

Debt allocation cushions equity volatility

Choose conservative hybrid funds for better risk control

You can set up systematic withdrawal plans for monthly income.

Equity Exposure for Growth
Even in retirement, equity adds value over time:

Helps beat inflation

Supports legacy and wealth transfer goals

Equity funds offer dividends and growth

Keep equity exposure conservative:

Large cap or balanced equity themes

No small?cap or sector?specific high?volatility funds

Continue only if risk appetite remains

Tax Planning and Exit Strategy
Remember new mutual fund tax rules:

Equity funds: LTCG over Rs 1.25 lakh taxed at 12.5%

STCG taxed at 20%

Debt and hybrid funds: gains taxed at slab rates

Plan withdrawals to utilize lower tax brackets. Stagger exits over two financial years if needed. Use your CFP to optimise this efficiently.

Protecting Life and Health Security
Now at 61, protection is crucial.

Insurance Needs:
Term Life Insurance: If cover is still active, ensure it's sufficient.

After 61, your insurance cover may reduce; check policy terms.

Consider increasing health and critical illness cover.

Health Insurance:
Medical costs increase with age

Cashless hospitalisation is vital

Opt for high cover (Rs 5–10 lakh) with family floater

Renew policy annually for guaranteed cover

Ensure you hold both types of insurance actively.

Regular Monitoring and Rebalancing
You must review investments regularly:

Check performance every 6 months

Rebalance equity/debt ratios as needed

Evaluate dividend distributions from hybrid funds

Adjust withdrawals to align with inflation and health needs

Use your CFP to keep the plan relevant and effective.

Financial Stability After Your Lifetime
You wish to cover family needs after your death:

Maintain a will or nominee listing for each asset

Keep liquid assets easily transferable

Ensure term and health insurance are active at all times

Use systematic transfer plans for any corpus you pass on

Inform family about account access and investments

This ensures they have financial safety when needed.

Summary of Action Plan
Exit your current policy post lock?in

Withdraw Rs 1 crore, confirm tax impact

Invest via active mutual funds through regular plans

Equity: Rs 30 lakh

Hybrid/debt: Rs 40 lakh

Liquid: Rs 20 lakh

Short-term debt/FD: Rs 10 lakh

Start systematic withdrawals from hybrid/debt funds

Verify insurance adequacy (life and health)

Monitor and rebalance portfolio every 6 months

Plan for tax-efficient fund exits later

This strategy should give you stable financial security, regular income, liquidity, and strong protection for your loved ones.

Finally
Your idea of switching to mutual funds is smart.
A diversified corpus can improve returns and income stability.
Active funds, not index funds, will help grow wealth wisely.
Regular plans via a CFP ensure ongoing review and guidance.
This approach will give structure, safety, and income in your golden years.

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

Ans: Hello Kalpesh,

To begin with, thank you for contacting us. I am happy to hear that your son is currently pursuing his 12th grade in the Commerce stream and will complete it in February 2026. To answer your question first, I would like to tell you that post completing his 12th grade, there are a number of management and related field possibilities that your son can consider pursuing abroad. He can think about pursuing courses like Bachelor of Business Administration (BBA), Bachelor in Management Studies (BMS), Finance, Economics, Marketing, and International Business. You would be glad to know that there are a number of renowned institutes that offer these courses. These include London School of Economics (UK), University of Melbourne (Australia), the University of Toronto (Canada), and National University of Singapore. Moreover, outstanding management programs are offered at business schools such as HEC Paris and ESADE (Spain). In light of the present worldwide emphasis on digital skills and sustainability, I would suggest that your son opts for programs that combine technology, analytics, and ethical business practices.

For more information, you can visit our website: www.edwiseinternational.com

You can also follow us on our Instagram page: edwiseint

Ans: Kamal Sir, IISER Thiruvananthapuram’s two-year MSc program is a fully residential, research-oriented degree with a flexible curriculum and electives across Biology, Chemistry, Mathematics, and Physics, but does not offer an institute fellowship for MSc students. Admission to the Integrated PhD (iPhD) is based on national tests and interviews, with top waitlisted candidates often receiving offers before the next academic session. The iPhD includes two years of coursework plus a one-year research project; exit with an MS(Res) degree is permitted only after completing three years (four semesters of coursework plus one year of thesis) and securing requisite grades, with no early exit after the MSc slot. Integrated PhD scholars receive fellowships from the outset, accelerate their research trajectory by one year compared to sequential MSc + PhD pathways, and benefit from continuous mentorship and funding. However, declining the MSc seat risks leaving no backup if the iPhD offer does not materialize.

Final recommendation:
Given your daughter’s long-term PhD ambition and the fellowship and fast-track advantages of the integrated program, recommendation is to accept the MSc offer to secure guaranteed admission, while maintaining waitlist status for the iPhD; this preserves her options and ensures she remains in a vibrant research environment without financial support gaps. All the BEST for the Admission & a Prosperous Future!

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