Home > Money > Question

Sign In | Create an account

Language:

Now in हिन्दी too

Need Expert Advice?Our Gurus Can Help

Seeking Investment Advice: Can I Invest 3 Lakhs in SBI Magnum Children's Fund?

Milind Vadjikar |1114 Answers |Ask -Follow

Insurance, Stocks, MF, PF Expert - Answered on Feb 15, 2025

Milind Vadjikar is an independent MF distributor registered with Association of Mutual Funds in India (AMFI) and a retirement financial planning advisor registered with Pension Fund Regulatory and Development Authority (PFRDA).
He has a mechanical engineering degree from Government Engineering College, Sambhajinagar, and an MBA in international business from the Symbiosis Institute of Business Management, Pune.
With over 16 years of experience in stock investments, and over six year experience in investment guidance and support, he believes that balanced asset allocation and goal-focused disciplined investing is the key to achieving investor goals.... more

Question by Preetham on Feb 14, 2025Hindi

Money

i have 3 lacs in hand and I am planning to purchase sbi magnum children's pls suggest

Ans: Hello;

There are two types of this children's benefit fund:

1. Investment plan
2. Savings plan

In which of these do you plan to invest and what is your time horizon ?

Please provide these inputs so as advise suitably.

Thanks;

Asked on - Feb 17, 2025 | Answered on Feb 17, 2025

Hello Sir, Actually, I am looking for an investment plan for 5 years.

Ans: Hello;

For 5 year horizon I recommend you to invest in children benefit fund- savings plan.

Returns are decent and the risk is relatively lower.

Happy Investing;

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

MoneyReply

You may like to see similar questions and answers below

Mayank Chandel |2118 Answers |Ask -Follow

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on Jul 11, 2024

Question by Sulochana - Jul 09, 2024Hindi

Career

My daughter got amrita kollam ece and srm ktr ece which one is best sir

Ans: Hi
Amrita is a good choice over srm.

Latest Questions

Prof Suvasish Mukhopadhyay |526 Answers |Ask -Follow

Career Counsellor - Answered on Mar 18, 2025

Question by Anil - Mar 18, 2025Hindi

Career

PCM done from CBSE in year 2024 Now as additional subject Biology done in, 2025 through NIOS board on demand paper Its eligible for NEEY

Ans: Your question is not clear to me.

Radheshyam Zanwar |1447 Answers |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Mar 18, 2025

Asked by Anonymous - Mar 17, 2025Hindi

Career

I had scored 84 percentile in my JEE mains January attempt can I get admission in AIT Pune I am army Brat

Ans: Hello dear.
With the mentioned percentile, it is difficult to get admission to AIT (Army Institute of Technology) Pune. To improve your chances of admission to AIT Pune, aim to achieve a higher percentile in the upcoming JEE Main April session and ensure you complete the institute's application process within the specified timelines. Thanks
Follow me if you like the reply.
Radheshyam

Radheshyam Zanwar |1447 Answers |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Mar 18, 2025

Question by Balaraju - Mar 17, 2025Hindi

Career

My daughter has got 88.31 percentile in jee exam session 1 2025,we are in cat1 obc ncl can we get NIT surathkal for AI and DS branch

Ans: Hello Balaraju
There are fewer chances to get a seat for AI+DS in NIT Suratkar with the mentioned percentile and category. Please try for IIITs. Please keep a close eye on the counseling process of NITs. Thanks
Please follow me if you like the reply.
Radheshyam

Radheshyam Zanwar |1447 Answers |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Mar 18, 2025

Question by Axit - Mar 17, 2025Hindi

Career

Scored 93.46 percentile jee main and ews catagory can I get any nit and iiit

Ans: Hello Axit
Strong chances are there to get a seat in IIITs but difficult in NITs.
Please follow me if you like the reply.
Radheshyam

Radheshyam Zanwar |1447 Answers |Ask -Follow

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Mar 18, 2025

Question by un - Mar 18, 2025Hindi

Career

My son has got 98.62 percentile in jee mains jan25. Which iiit is advised for cse.

Ans: Hello UN
Congratulation. With 98.62 %tile, your son has a strong chance to get admission to any IIITs across pan India. But choose the IIIT which is near to your home town. As you did not mention your home state/town, hence it would be difficult for me to suggest you the names of IIITs. Thanks
Please follow me.
Radheshyam

Dr Dipankar Dutta |980 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Mar 17, 2025

Asked by Anonymous - Mar 17, 2025Hindi

Career

I am Narayan Datta i score in JEE mains 2025 s1 91.2352248%ile can I get admission in nit Agartala ECE branch milega kya home state ews catagory

Ans: With 91.23 percentile in JEE Main 2025 (Session 1) and EWS category with Home State quota in Tripura, your chances for ECE at NIT Agartala are quite good.

Dr Dipankar Dutta |980 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Mar 17, 2025

Question by Riya - Mar 17, 2025Hindi

Career

I am a girl in obc category and I got 76.16 percentile in jan attemptof jee mains. So am I eligible for giving jee advanced?

Ans: You are eligible to appear for JEE Advanced 2024
For this year, check the official JEE Advanced website once cutoffs are officially announced.

Dr Dipankar Dutta |980 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Mar 17, 2025

Question by surya - Mar 17, 2025Hindi

Career

Can my son with 93.3 NTA score in JEE Main EWS category get CSE in NIT or IIT ?

Ans: Possible NITs for CSE (in later rounds)

NIT Mizoram
NIT Nagaland
NIT Arunachal Pradesh
NIT Sikkim
NIT Meghalaya
NIT Agartala (may get IT branch instead of CSE)
See previous years' cut off

For IITs, he needs to qualify for JEE Advanced

Dr Dipankar Dutta |980 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Mar 17, 2025

Asked by Anonymous - Mar 17, 2025Hindi

Career

96.35 general ews nit tier 2 which best branch expected

Ans: You are likely to get the following branches in NITs like NIT Raipur, NIT Patna, NIT Jamshedpur, NIT Silchar, etc.

Electronics & Communication Engineering (ECE)
Electrical & Electronics Engineering (EEE)
Mechanical Engineering
Civil Engineering
Chemical Engineering
Materials Science & Engineering
Production & Industrial Engineering
See previous years' cut off

Dr Dipankar Dutta |980 Answers |Ask -Follow

Tech Careers and Skill Development Expert - Answered on Mar 17, 2025

Asked by Anonymous - Mar 17, 2025Hindi

Career

In 2025 karntaka state board im expecting 293/300 in pcm, so how much marks should i get in kcet to get rank below 1000

Ans: Aim for 145+ marks out of 180 in KCET

See more questions »

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.

Video Reply
Audio Reply

WhatsApp
Facebook
Twitter
Copy link

Delete

Close

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

Sign up

email

uname

mobile no

Country Code

Mobile number

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

Already have an account?

LOGIN

x