HI SIR, I AM 63 YEARS OLD RETIRED PERSON HAVING NO OTHER SOURCE OF INCOME (EXCEPT SOME INTEREST FROM POST OFFICE SMALL SAVINGS). I HAD INVESTED A CONSIDERABLE AMOUNT IN FOLLOWING MUTUAL FUND WITH MY WIFE AND AM CONSIDERING TO REDEEM SOME MONEY FOR MY EXPENSES . WOULD YOU PLEASE LOOK INTO THESE FUNDS AND ADVISE WHICH FUND SHOULD BE REDEEMED OR WHICH SHOULD BE KEPT FOR LONG PERIOD. I SHALL BE HIGHLY OBLIGED FOR YOUR VALUABLE GUIDANCE. Aditya Birla Sun Life ELSS Tax Saver Fund-Growth-Direct Plan Aditya Birla Sun Life Focused Fund - Growth-Direct Plan Aditya Birla Sun Life Focused Fund - Growth-Direct Plan Axis Flexi Cap Fund - Direct Growth Axis Small Cap Fund Direct Growth DSP ELSS Tax Saver Fund - Direct Plan - Growth Franklin India ELSS Tax Saver Fund - Direct Plan - Growth ICICI Prudential Balanced Advantage Fund - Direct Plan - Growth ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth Kotak Flexicap Fund - Direct Growth Mirae Asset ELSS Tax Saver Fund Mirae Asset Large and Midcap Fund Mirae Asset Large Cap Fund - Direct Plan Motilal Oswal Focused Fund - Direct Plan SBI Small Cap Fund Direct Growth Tata ELSS Tax Saver Fund Direct Plan Growth Tata Retirement Savings Fund-Conservative DIRECT Plan - Growth

Ans: Hi Vijay,
I have already answered this query. However, for clarity, I am providing the same details again.

The examining authority is a national body, and the level of the examination is at the national scale. The NTA has stated that they will adhere to the guidelines set by the Government of India. I have included relevant information for your reference.

6.2.3 For Candidates Claiming SC or ST Status
Candidates must possess a valid SC/ST certificate in accordance with the latest guidelines from the Government of India to be eligible for seats reserved for the SC/ST category.

It’s advisable to obtain a central government certificate to avoid any last-minute issues.

Ans: Hi,

The examining authority is a national body, and the level of the examination is at the national scale. The NTA has stated that they will adhere to the guidelines set by the Government of India. I have included relevant information for your reference.

6.2.3 For Candidates Claiming SC or ST Status
Candidates must possess a valid SC/ST certificate in accordance with the latest guidelines from the Government of India to be eligible for seats reserved for the SC/ST category.

It’s advisable to obtain a central government certificate to avoid any last-minute issues.

ALL THE BEST.

POOCHO.LIFE CHANGE KARO.

Ans: You want to build Rs 10 crore in 10 years.

You plan to invest Rs 20 lakh per year.

Your target is very inspiring and focused.

You assume 15% growth per year from investments.

This ambition is achievable but needs careful planning and right execution.

At 40 years, you still have time, but need to be very disciplined.

It is good that you are thinking seriously about long-term wealth creation.

However, we need to assess the investment choices deeply.

Evaluation of Your Current Selection
You have selected 5 direct mutual fund schemes.

You selected flexi cap, mid cap, small cap and technology sector funds.

Your selection shows you are willing to take higher equity risk.

Still, few important points must be considered before proceeding.

I will explain the strengths and risks clearly below.

Problems with Direct Mutual Funds
Direct mutual funds are cheaper but not automatically better.

Without Certified Financial Planner guidance, wrong direct fund choices can happen.

Direct funds need constant monitoring and periodic rebalancing.

If you miss reviewing, risk will increase over years.

Investing through a Certified Financial Planner + MFD gives full 360-degree service.

A regular plan managed through MFD with CFP ensures disciplined monitoring.

Professional rebalancing keeps your portfolio healthy against market ups and downs.

Saving 1% expense ratio is not useful if you lose 20% capital by wrong strategy.

Thus, direct funds are not recommended for serious wealth building goals like yours.

Disadvantages of Index Funds
Although you have not mentioned Index funds, still important to highlight here.

Index funds blindly follow the market, they do not aim to beat it.

They invest even in poor companies just because they are in index.

No active decision-making to protect during market fall.

In India, actively managed funds have consistently outperformed index funds.

Index funds are good only in developed countries, not in India yet.

Thus, actively managed mutual funds are better for your 10 crore goal.

Analysis of Your Selected Categories
Now let's look at each category you have selected.

Flexi Cap Funds
Flexi cap funds are very versatile and flexible.

They invest across large, mid, and small cap companies.

They are core funds and suitable for long term investing.

Having two different flexi cap funds is slightly overlapping.

One good flexi cap fund is enough.

Select based on strong consistent performance under Certified Financial Planner guidance.

Mid Cap Fund
Mid caps offer higher growth potential compared to large caps.

They also carry higher volatility risk.

Mid cap exposure must be limited to 20-25% of portfolio.

Selection of quality midcap fund is critical.

Blind selection can backfire badly during market corrections.

Small Cap Fund
Small caps are even more volatile than mid caps.

They give high returns only when market is extremely strong.

In down markets, they can fall 60-70%.

Small cap exposure should not exceed 10-15% of total portfolio.

Handling small caps requires experienced monitoring.

Not suitable for very aggressive allocation unless monitored monthly by CFP.

Technology Sector Fund
Sector funds like technology funds are very risky.

If sector performs, gains will be big.

If sector underperforms, losses will be severe.

Sector exposure should be maximum 5-10% of your portfolio.

Technology sector is very cyclical and policy dependent.

Too much sector allocation can derail your 10 crore goal.

Ideal Structure for You
Now, based on your inputs, here is a better structure for you.

Again, no scheme names are suggested, as per your instruction.

Core Portfolio (65% to 70%)
One strong Flexi Cap fund (managed by good fund manager).

One Large and Mid Cap fund (balanced approach towards large caps and midcaps).

One Conservative Hybrid Equity Fund (for stability during market volatility).

Satellite Portfolio (30% to 35%)
One focused Mid Cap fund with proven track record.

One selected Small Cap fund but with strict monitoring.

Minimal sector exposure like Technology, not more than 5%.

Regular review of sector allocation every quarter.

Important Points to Consider
Maintain proper diversification across sectors and market caps.

Avoid duplication of same category funds.

Choose only consistent long-term performers.

Annual rebalancing is a must.

Review fund performance once in 6 months minimum.

Align investments based on market valuations with CFP guidance.

Managing Risk and Returns
When aiming for Rs 10 crore, managing risk is as important as earning returns.

Never keep 100% equity exposure throughout 10 years.

Move part of profits to safer instruments as you near 10 years.

Create an asset allocation roadmap now itself.

Follow the roadmap strictly under Certified Financial Planner supervision.

Use Systematic Transfer Plans (STPs) whenever shifting money between categories.

Inflation and Taxes
Inflation is your biggest enemy, bigger than taxes.

At 6% inflation, Rs 10 crore after 10 years will feel like Rs 5.5 crore today.

Thus, you must keep wealth creation target a little higher than 10 crore.

New MF Capital Gain Tax rules must be kept in mind:

Equity fund LTCG above Rs 1.25 lakh taxed at 12.5%.

Short-term capital gains taxed at 20%.

Debt funds fully taxed as per your income slab.

Plan withdrawals carefully to minimise tax impact.

Importance of Certified Financial Planner Support
Since you are serious about wealth creation, professional support is very important.

A Certified Financial Planner will give you:

Proper asset allocation based on your risk capacity.

Right fund selection based on 360-degree analysis.

Regular portfolio review and timely rebalancing.

Tax efficient withdrawal planning.

Contingency planning in case of emergencies.

Alignment of investments with your long term goals.

Emotional discipline during market volatility.

Peace of mind that your future is well protected.

Final Insights
You have shown excellent clarity and commitment towards your financial goals.

However, building Rs 10 crore is a serious, full-time task needing expert care.

Your fund selection direction is good but needs fine-tuning for stability and efficiency.

Direct mutual funds without professional guidance can expose you to unnecessary risks.

Active management, regular reviews, dynamic rebalancing will increase your success chances.

Focus on wealth preservation as much as on wealth creation over next 10 years.

Please make sure your family is also aware of your plans and investments.

I sincerely appreciate your proactive and visionary thinking for your future.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

Ans: Hi,

Your goal is to become a doctor and serve others, right?

You have achieved a very good score of 630 out of 720. Can you break down how you scored in each section? How did you perform on your first attempt? Is there an improvement in your marks from the first to the second attempt? If so, it shows you are making progress, but there is still room for improvement.

I suspect that due to pressure from family or friends, you may have enrolled in another course, which you haven't mentioned in your inquiry. If you had chosen subjects more closely related to NEET, it might have been easier for you to reach your goal. Why? By focusing on one specific subject each day, you could clarify your doubts as they arise and concentrate on only two main subjects, which would lighten your workload.

Now, you need to analyze your strengths and weaknesses. Based on that, you can create a plan for improvement. If you believe you can succeed, just go ahead with proper preparation.
BEST WISHES.
POOCHO. LIFE CHANGE KARO.

Ans: Hi Santosh
yes, you can take the improvement exam as a private candidate.

Ans: Hi
Not at all! Joining MBBS at 22 is not too old, whether male or female. Many students join MBBS later — because of NEET re-attempts, drop years, career shifts, or even personal reasons.

In MBBS, once you start, nobody cares about your age. Everyone is focused on the same things: studying, passing exams, learning clinical skills. And in medicine, what matters most is your skill, empathy, and dedication — not when you started.

Being a little older can even be an advantage:
You might be more mature and better at handling pressure.
You probably have a stronger reason for choosing medicine, which helps you stay motivated.
Patients often respect a doctor who seems a little older/mature.

Other fields are always an option, of course — but don't change just because of age. Only change if you've lost interest in medicine or found something you truly love more.

All the best.

Ans: Hi Vijay
560 Plus would be the safe bet for AIQ, if he has done 10th & 12th from different states then he won't be able to compete in any state quota & have to go for AIQ only.

Ans: Hello;

Reliance doesn't have a great dividend payout record.

Each of Reliance's business has innovative disruption knocking at their door.

Jio has threat from starlink, oneweb and other such innovations.

Retail has strong threat from E-Com and now Q-Com.

Worldwide EVs are fast replacing vehicles run on petrol/diesel.

We are not sure how Reliance will adapt to this intensely competitive landscape.

Therefore our view is to stay away from direct stocks be it Reliance or any other and invest in mutual funds for long term.

Best wishes;

Ans: Hello Babita
The chances are less to get a seat in NIT, but you can try for IIITs. Best of luck for your bright future.
Follow me if you like the reply. Thanks
Radheshyam