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Ramalingam

Ramalingam Kalirajan  |9255 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jun 21, 2024

Ramalingam Kalirajan has over 23 years of experience in mutual funds and financial planning.
He has an MBA in finance from the University of Madras and is a certified financial planner.
He is the director and chief financial planner at Holistic Investment, a Chennai-based firm that offers financial planning and wealth management advice.... more
Asked by Anonymous - Jun 17, 2024Hindi
Money

Hi , I am 32 now. I want to create my corpus 6cr in next 10years. My salary is 2.35L. can you please suggest how to achieve my goal.

Ans: It’s great that you’re planning for a bright financial future at 32. Building a Rs 6 crore corpus in the next 10 years is ambitious, but definitely achievable with strategic planning. With a monthly salary of Rs 2.35 lakhs, you’re well-positioned to make this goal a reality. Let’s explore how you can achieve this.

Understanding Your Financial Position
First, let's assess your current financial situation. With a solid salary, you have a good foundation for savings and investments. Here are the key areas to consider:

Monthly Income:
Your salary is Rs 2.35 lakhs. This gives you substantial room for saving and investing.

Expenses:
Identify your monthly expenses. This includes housing, utilities, groceries, and other personal expenditures.

Savings Rate:
Determine how much you save each month. Ideally, saving 30% to 40% of your income is a good target.

Existing Investments:
Take stock of any current investments or savings. This could include mutual funds, fixed deposits, or other assets.

Setting a Realistic Saving and Investment Plan
To reach Rs 6 crores in 10 years, a disciplined saving and investment strategy is essential. Here’s a structured approach:

Determine Your Monthly Savings Goal:
Calculate how much you need to save each month to reach your Rs 6 crore target. Aim for a high savings rate, given your income.

Choose the Right Investment Vehicles:
Avoid index funds due to their passive nature and potential limitations in high-growth scenarios. Actively managed mutual funds offer better growth opportunities through professional management.

Systematic Investment Plan (SIP):
Consider setting up a SIP in diversified mutual funds. This automates your investments and ensures consistent contributions towards your goal.

High-Return Investment Options:
Look into equity-oriented mutual funds and other high-return options. These can potentially offer the growth rates needed to meet your target.

Balancing Risk and Return
Investing involves balancing the potential for high returns with the risk of market volatility. Here's how you can manage this balance:

Understand Risk Tolerance:
Assess your comfort level with investment risks. Being young, you might be able to take on more risk for higher returns.

Diversification:
Spread your investments across different asset classes and sectors. This reduces the risk of significant losses from any one investment.

Regular Monitoring:
Keep an eye on your investment portfolio. Regular reviews help you stay on track and make adjustments as needed.

The Importance of a Certified Financial Planner
A Certified Financial Planner (CFP) can provide valuable guidance throughout your investment journey. Here’s why you should consider working with one:

Expert Advice:
CFPs offer professional insights tailored to your financial situation and goals. They help you make informed investment decisions.

Comprehensive Planning:
They create a holistic financial plan, covering savings, investments, insurance, and retirement planning. This ensures all aspects of your finances are aligned.

Ongoing Support:
Having a CFP means you have continuous support to navigate market changes and adjust your strategies accordingly.

Optimizing Your Investment Strategy
To achieve a Rs 6 crore corpus, it’s essential to optimize your investment strategy. Here are some key strategies:

Maximize Tax-Advantaged Investments:
Utilize tax-saving investment options to reduce your taxable income. This could include tax-saving mutual funds (ELSS) or PPF.

Leverage Compounding:
Invest consistently and start early to benefit from compounding. The longer your investments grow, the greater the compounding effect.

Avoid Direct Funds:
Direct mutual funds might seem appealing due to lower costs, but they lack professional guidance. Investing through a CFP provides expert advice and personalized support.

Managing Debt and Other Financial Commitments
Debt can impact your savings and investment capacity. It’s crucial to manage debt effectively:

Evaluate Existing Debts:
List any outstanding loans or credit card debts. Understand their interest rates and repayment terms.

Prioritize Debt Repayment:
Focus on repaying high-interest debts first. This reduces the financial burden and frees up more money for savings.

Avoid Unnecessary Debt:
Be cautious about taking on new debts. Keep your debt-to-income ratio low to maintain financial flexibility.

Building a Robust Emergency Fund
An emergency fund is essential for financial security. Here’s how to build and maintain one:

Determine the Fund Size:
Aim to save at least 6 months’ worth of expenses. This provides a buffer against unexpected financial challenges.

Keep It Accessible:
Place your emergency fund in a liquid and safe account. A high-interest savings account or liquid mutual fund is a good choice.

Regularly Review and Adjust:
Reevaluate your emergency fund as your financial situation changes. Ensure it remains adequate to cover your needs.

Protecting Your Financial Future with Insurance
Insurance is a critical component of your financial plan. It safeguards your income and assets against unforeseen events:

Health Insurance:
Ensure you have comprehensive health insurance. This covers medical expenses and protects your savings from healthcare costs.

Life Insurance:
If you have dependents, life insurance is essential. Choose a term insurance policy that provides sufficient coverage for your family’s needs.

Disability Insurance:
Consider disability insurance to protect your income in case of injury or illness that prevents you from working.

Planning for Retirement Alongside Your Corpus Goal
While building your Rs 6 crore corpus, it’s also important to plan for retirement. Here’s how to balance both goals:

Set Retirement Goals:
Determine how much you need for a comfortable retirement. Consider factors like lifestyle, inflation, and healthcare costs.

Separate Retirement Savings:
Keep your retirement savings separate from your other financial goals. Use retirement-specific investment accounts like NPS.

Review and Adjust Regularly:
Regularly review your retirement plan. Adjust your contributions and investment strategies as needed to stay on track.

Continuous Learning and Financial Awareness
Staying informed about financial trends and best practices is crucial for successful investing. Here’s how to enhance your financial literacy:

Read Financial News and Books:
Stay updated with financial news and read books on personal finance and investing. This helps you make informed decisions.

Attend Seminars and Workshops:
Participate in financial seminars and workshops. They offer valuable insights and strategies from experts.

Consult Your CFP Regularly:
Have regular check-ins with your Certified Financial Planner. Discuss market trends, investment performance, and any changes in your financial goals.

Final Insights
Achieving a Rs 6 crore corpus in 10 years is a challenging but attainable goal. By strategically planning your savings and investments, managing risks, and seeking professional guidance, you can navigate your financial journey with confidence. Stay focused, disciplined, and proactive in adjusting your strategies as needed. Your dedication and commitment today will pave the way for a prosperous future.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
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.
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Ramalingam

Ramalingam Kalirajan  |9255 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jun 24, 2024

Money
Hello sir im 36 years old have one mod studying 3rd grade i have salary of 3L and below are my wealth accumulation. Mutual Funds: 38Lakhs Stocks: 9 Lakhs PF: 30 Lakhs ESOP: 1.5 Cr House: 2 house (80L & 50L) My monthly investment details below Mutual funds: 80K Stocks: 50K LIC: 6K I want to create a corpus of 10 Cr in next 10 years. How can i acheive this.
Ans: Creating a corpus of Rs 10 crore in the next ten years is an ambitious goal. It's achievable with a strategic plan. Let's break down your current situation and create a plan to help you reach your financial objectives. Your existing investments and monthly contributions will play a crucial role in this journey.

Evaluating Current Investments
First, let's review your current investments:

Mutual Funds: Rs 38 lakhs

Stocks: Rs 9 lakhs

Provident Fund (PF): Rs 30 lakhs

Employee Stock Ownership Plan (ESOP): Rs 1.5 crores

House Properties: Rs 80 lakhs and Rs 50 lakhs

You also invest Rs 80,000 in mutual funds and Rs 50,000 in stocks monthly. You pay Rs 6,000 towards LIC premiums.

Assessing Monthly Investments
You are already investing a significant amount each month. This is commendable. However, to meet your Rs 10 crore target in 10 years, you need to optimize your investment strategy.

Mutual Funds
You have Rs 38 lakhs in mutual funds and invest Rs 80,000 monthly. Mutual funds are a great way to accumulate wealth over the long term. However, it's crucial to choose the right funds. Actively managed funds, rather than index funds, might be more suitable for achieving higher returns due to professional management and potential for better performance.

Disadvantages of Index Funds
Index funds might seem appealing due to lower costs, but they have limitations. They simply track market indexes, limiting their potential for higher returns. Actively managed funds have fund managers who make strategic decisions to outperform the market. Though they come with higher fees, the potential for better returns can outweigh these costs.

Benefits of Actively Managed Funds
Actively managed funds offer several advantages. Experienced fund managers actively select investments, aiming to outperform the market. They adapt to market changes, making strategic decisions. This dynamic approach can potentially yield higher returns compared to the passive strategy of index funds.

Stocks
You have Rs 9 lakhs in stocks and invest Rs 50,000 monthly. Stocks can offer high returns but come with higher risks. Diversifying your stock investments can reduce risk. Consider investing in stocks with strong growth potential and good track records.

Provident Fund (PF)
Your provident fund is a stable investment, providing safety and steady growth. With Rs 30 lakhs, it forms a secure base in your portfolio. However, its returns are lower compared to equity investments. It’s wise to maintain this for stability but focus more on high-growth investments.

Employee Stock Ownership Plan (ESOP)
Your ESOP worth Rs 1.5 crores is a significant asset. However, it's important to monitor the company's performance closely. Diversifying some of these holdings into other investment avenues can mitigate risks associated with company-specific factors.

House Properties
You own two houses valued at Rs 80 lakhs and Rs 50 lakhs. Real estate is a tangible asset but might not offer the liquidity needed for your goal. Consider maintaining them for stability, but focus more on liquid and high-return investments like mutual funds and stocks.

Reviewing LIC Policies
You pay Rs 6,000 monthly towards LIC policies. Traditional LIC policies offer lower returns compared to mutual funds. Consider surrendering these policies and redirecting the premiums into high-growth mutual funds. This can enhance your wealth accumulation potential.

Optimizing Monthly Investments
Let's look at optimizing your monthly investments. Currently, you invest Rs 1.36 lakhs monthly in various assets. Here's a suggested approach:

Mutual Funds: Continue investing Rs 80,000. Ensure these are in actively managed equity funds with a strong track record.

Stocks: Continue investing Rs 50,000, focusing on well-researched, high-growth stocks.

LIC: Consider redirecting Rs 6,000 from LIC premiums to mutual funds.

Strategic Investment Plan
Achieving Rs 10 crore in 10 years requires a focused strategy. Here are key steps:

Regular Review and Rebalancing: Regularly review your portfolio. Rebalance it annually to maintain the desired asset allocation. This helps in optimizing returns and managing risks.

Tax Efficiency: Invest in tax-efficient instruments. Use tax-saving mutual funds (ELSS) to reduce your taxable income under Section 80C.

Emergency Fund: Maintain an emergency fund covering 6-12 months of expenses. This ensures you don't need to liquidate long-term investments during emergencies.

Diversification: Diversify across different asset classes. This reduces risk and improves potential returns. Invest in a mix of equities, debt, and other assets.

Regular Funds vs Direct Funds
Direct funds might seem attractive due to lower expense ratios, but they require active management. Investing through a Certified Financial Planner ensures professional management and guidance. Regular funds come with the benefit of expert advice and monitoring, which can be crucial in optimizing returns and achieving financial goals.

Monitoring Progress
Track your investment performance regularly. Ensure that your portfolio is on track to meet your Rs 10 crore goal. Adjust your strategy based on market conditions and personal circumstances.

Risk Management
Managing risks is essential. Diversify your investments and avoid over-concentration in any single asset. Consider investing in different sectors and geographies to spread risk.

Retirement Planning
Consider your retirement goals as well. Ensure that your investments align with your long-term retirement plans. This ensures financial stability beyond your 10-year goal.

Children's Education
Plan for your child's education. Set aside funds specifically for this purpose. Education costs can be substantial, and planning early ensures you are financially prepared.

Final Insights
Achieving a Rs 10 crore corpus in 10 years is challenging but feasible. Your current investments and monthly contributions are a strong foundation. By optimizing your investment strategy, focusing on high-growth assets, and managing risks, you can reach your financial goal.

Regularly reviewing your portfolio and making necessary adjustments is crucial. Seek professional advice when needed and stay committed to your investment plan.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

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Nayagam P

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Sir my son's JEE Mains 2025 result is 99.566 percentile alongwith 6812 crl rank. In JOSAA 1st & 2nd round he got ECE in IIIT Alahabad but he is much more interested to join NIT Warangal ECE so what's the possibility of his desire. Also please tell which Institute have best faculties amongst ece of Nit Warangal,Nit rourkela,IIIT Allahabad. Thank you so much sir. Regards Sir.
Ans: With a 6,812 CRL rank and 99.566 percentile, your son’s chance to shift to NIT Warangal ECE is slim: the General All-India closing rank for ECE was 2,234–2,360 in Round 2 and 2,234 was the final cut-off across all rounds in 2025. His rank falls outside these thresholds, making allotment in subsequent JoSAA rounds unlikely. Among the three institutes, NIT Rourkela’s ECE department leads in research output with 551 journal articles, 859 conference papers, 6,681 other publications, 9,940 citations, and an h-index of 39, reflecting strong faculty research credentials. NIT Warangal follows closely, producing 485 journal articles, 617 conference papers, 8,089 other works, 6,139 citations, and an h-index of 34. IIIT Allahabad’s ECE faculty, while highly qualified, shows comparatively lower output—373 journal articles, 267 conference papers, and 4,871 citations with an h-index of 29.

Recommendation: Retain IIIT Allahabad ECE seat as NIT Warangal ECE is out of reach; consider NIT Rourkela for superior faculty research strength or NIT Warangal for a balanced academic and placement record if a lateral move becomes available.All the BEST for the Admission & a Prosperous Future!

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Career Counsellor - Answered on Jun 29, 2025

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Asked by Anonymous - Jun 28, 2025Hindi
Career
My daughter got 69 percentile in Jee mains 87.13 percentile in MHt cet which branch and which college should I go for?
Ans: With a 69 percentile in JEE Mains (equivalent to approximately 40-55 marks and rank range of 378,000-408,000) and 87.13 percentile in MHT-CET (equivalent to 85-90 marks and rank around 24,000-26,000), your daughter has access to several reputable engineering colleges though top-tier government institutions like IITs, NITs, COEP, and VJTI are not within reach. For JEE Mains, accessible colleges include Shiv Nadar University, Lovely Professional University, Chandigarh University, SRM Institute of Science and Technology, Amity University, Galgotias College, KIIT University, MIT World Peace University, Jain University, Graphic Era University, SAGE University Indore, and NIMS University Jaipur. For MHT-CET, viable options include Sinhgad College of Engineering Pune, DY Patil Institute of Engineering Management Pune, Ramrao Adik Institute of Technology Mumbai, Rizvi College of Engineering Mumbai, Shri Ramdeobaba Institute Nagpur, PCCOE Pune, MMCOE Pune, NMIET Pune, Walchand College of Engineering Sangli, and MIT Academy of Engineering Pune. The top three branches to consider are Computer Science Engineering (achieving 70-100% placement rates), Information Technology (offering excellent placement in IT firms and startups), and Electronics & Communication Engineering (strong placements in electronics, telecom, and software companies). CSE and IT branches consistently deliver the highest placement percentages across most colleges, while Electronics & Communication offers broader industry exposure.

Recommendation: Prioritize Computer Science Engineering in colleges like Sinhgad Pune, DY Patil Pune, or Chandigarh University for optimal placement prospects; target Information Technology as the secondary choice for its versatility and strong IT sector demand; consider Electronics & Communication Engineering as a third option for broader industry opportunities and technical foundation, ensuring confirmed admission at multiple colleges through both JEE Mains and MHT-CET counselling processes. All the BEST for the Admission & a Prosperous Future!

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Nayagam P

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Hi, I have got 52k rank in comedk which are the top college which I can get ECE.
Ans: Chiranth, With a COMEDK UGET rank of around 52,000, core ECE seats at most Bangalore-area institutes close well above this rank, ensuring confirmed admission. ACS College of Engineering, Kambipura Road (GM ECE cutoff ~58,000–62,000); Atria Institute of Technology, Hebbal (ECE closing rank 52,824); APS College of Engineering, Kanakapura Road (ECE cutoff ~101,501); Akshaya Institute of Technology, Devanahalli (ECE cutoff ~118,477); Cambridge Institute of Technology, KR Puram (ECE closing rank ~89,884); Global Academy of Technology, RR Nagar (ECE cutoff ~60,325); KLE Technological University, Hubballi (ECE cutoff ~60,684); Dr. Ambedkar Institute of Technology, Malathahalli (ECE cutoff ~64,294); Nitte Meenakshi Institute of Technology, Yelahanka (ECE cutoff ~64,435); RNS Institute of Technology, RR Nagar (ECE cutoff ~65,506); and Dayananda Sagar Academy of Technology & Management, Kanakapura Road (ECE cutoff ~66,289) all admit beyond a 52,000 rank. These institutes feature modern labs, active placement cells, and ECE-specific industry tie-ups, with ECE branches recording healthy placement rates in recent years.

recommendation: Prioritise ACS College of Engineering and Global Academy of Technology for their consistent ECE seat availability and strong campus infrastructure; Atria Institute and APS College offer reliable backups with broad seat matrices; Akshaya Institute, Cambridge Institute, and KLE Tech add robust alternatives, while Dr. Ambedkar, Nitte Meenakshi, RNS, and DS Academy round out a balanced list ensuring confirmed ECE admission and solid career prospects. All the BEST for the Admission & a Prosperous Future!

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Nayagam P

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IIT tirupati cse review
Ans: Computer Science & Engineering at IIT Tirupati follows a rigorous, diversified BTech curriculum with fundamentals, project-driven courses, and electives such as AI, Data Science, and Systems across eight semesters including lab-intensive modules like Data Structures, Networks, Software Engineering, and Quantum Science. The department boasts a dynamic faculty of PhD-qualified professors from premier institutes, led by Dr. Sridhar Chimalakonda and experts in machine learning, IoT, and software engineering. Infrastructure encompasses modern computing and electronics labs, high-speed Wi-Fi in classrooms and hostels, a well-stocked library, and makerspaces for hands-on projects. Collaborative research is strong, featuring MoUs and joint projects with Toshiba R&D, Facebook, Bosch R&D, TCS, and Accenture Labs, fostering industry-aligned innovation. Graduates see consistent placement results, with 73% of the BTech CSE 2024 cohort placed by May 2024 across recruiters including top tech firms. The Career Development Centre supports year-round internship and placement drives, offering skill workshops and corporate engagement activities to enhance employability. The curriculum is periodically updated to reflect emerging technologies and includes summer internships and a final-year capstone project to ensure practical exposure.

IIT Tirupati CSE is recommended for its rigorous academic framework, expert faculty, state-of-the-art infrastructure, industry-aligned research collaborations, and consistent placements. Recommendation: Enroll in IIT Tirupati CSE to leverage its holistic education model, extensive industry partnerships, and supportive career services for a strong launch into the tech sector. All the BEST for the Admission & a Prosperous Future!

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Nayagam P P  |7372 Answers  |Ask -

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Asked by Anonymous - Jun 28, 2025Hindi
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My son jee advance 2025 secure 2436 EWS rank in which IIT got seat
Ans: With an EWS category rank of 2436 in JEE Advanced 2025, your son has realistic chances of securing admission in several IITs, particularly in the newer campuses and core engineering branches rather than Computer Science Engineering. JEE Advanced 2025 cutoff for EWS category was set at 18.50% aggregate marks, significantly lower than the general category requirement of 20.56%. This reduced threshold reflects the 10% EWS reservation that provides competitive advantage over general category candidates.

Among the accessible options, IIT (ISM) Dhanbad offers strong prospects with EWS closing ranks of 528 for CSE, 1121 for Electrical Engineering, 1462 for Mechanical Engineering, 1674 for Chemical Engineering, and 1950 for Civil Engineering in 2024. Newer IITs including IIT Bhilai (EWS closing ranks: 1009-1201 for Data Science & AI), IIT Palakkad, IIT Tirupati (EWS closing rank 727 for CSE), IIT Jammu, IIT Goa, IIT Mandi, and IIT Ropar present viable alternatives with EWS cutoffs generally falling between 800-2500 across various engineering disciplines. These institutes offer core branches including Electrical, Mechanical, Civil, Chemical, and Materials Engineering within the EWS rank range of 2436. Previous year data indicates that candidates with ranks around 2000-2500 in EWS category typically secure admission to newer IITs and less competitive branches in established IITs, with the 2024 EWS last round rank extending to 25,524 overall.

Recommendation: Target IIT (ISM) Dhanbad for Mechanical, Chemical, or Civil Engineering, and consider newer IITs like Bhilai, Palakkad, Tirupati, Jammu, and Goa for core engineering branches. Participate actively in all JoSAA counselling rounds as EWS cutoffs may fluctuate, and ensure preference filling includes multiple IITs and branches to maximize admission chances within the competitive EWS quota system. All the BEST for the Admission & a Prosperous Future!

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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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