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Chocko

Chocko Valliappa  | Answer  |Ask -

Tech Entrepreneur, Educationist - Answered on Mar 26, 2024

Chocko Valliappa is the founder and CEO of Vee Technologies, a global IT services company; HireMee, a talent assessment and talent management start-up; and vice chairman of The Sona Group of education institutions.
A fourth-generation entrepreneur, Valliappa is a member of Confederation of Indian Industry, Nasscom, Entrepreneurs Organization and Young Presidents’ Organization.
He was honoured by the YPO with their Global Social Impact award in 2018.
An alumnus of Christ College, Bangalore, Valliappa holds a degree in textile technology and management from the South India Textile Research Association. His advanced research in the Czech Republic led to the creation of innovative polyester spinning machinery.... more
Hardik Question by Hardik on Mar 24, 2024Hindi
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Specifically solving questions of quantitative aptitude i avoided because i am not putting enough effort into it and getting demotivated when i am not able to solve it..

Ans: Quantitative aptitude, mathematics are foundational programs for pursuing an engineering programs. Since you know your weakness you have won half the battle. Please put in the effort to convert your weakness into your strength and you will enjoy the subject. Seek help of Peers, seniors or even your teachers to strengthen your very basics. And success will be yours.
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Milind

Milind Vadjikar  |896 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Jan 24, 2025

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49 years old female school teacher. I want to invest ?5 lakh lumpsum that would fetch me good returns in 2 or 3 years. Please suggest a good investment avenue. I need this amount to fund my son's education who is in grade 9 right now. Apart from this, I also tried my hand in MF- I invest ?15k every month in SBI Bluechip fund direct, 10k in Canara Rebeco Bluechip fund direct, 5k in UTI NIFTY Index Fund direct, 5k in Axis midcap growth direct plan, 5k in Mirae asset largecap fund direct, 20k in NPS monthly. Apart from this, i had also invested ?1 lakh lump sum in SBI equity hybrid fund ?1 lakh, axis multicap direct fund ? 1 lakh, and quant small cap direct plan ?50,000. None of the last three lumpsum investments are doing well. They are showing negative returns. I have three questions for which i am looking answers for: 1) where should i invest lumpsum of ? 5 lakh now 2) the three lumpsum investments in quant smallcap, axis multicap and sbi equity hybrid - should i continue remaining invested 3) are the monthly sips and nps investments amounting to ?55 fine. I intend to work for another 5-6 years.
Ans: Hello;

1. It is advisable to invest lumpsum of 5 L in a nationalised bank FD. Considering the fact that your kid may enter higher education in 3 years it is not apt to subject it to market vagaries.

2. If you are prepared to hold your lumpsum investments for 5 year+ horizon then no need to worry about short term negative return.

3. Monthly sip's and NPS investments look good.

Happy Investing;
X: @mars_invest

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