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Ulhas

Ulhas Joshi  | Answer  |Ask -

Mutual Fund Expert - Answered on Jan 16, 2024

With over 16 years of experience in the mutual fund industry, Ulhas Joshi has helped numerous clients choose the right funds and create wealth.
Prior to joining RankMF as CEO, he was vice president (sales) at IDBI Asset Management Ltd.
Joshi holds an MBA in marketing from Barkatullah University, Bhopal.... more
Rabindra Question by Rabindra on Jan 08, 2024Hindi
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I am 66 can I invest Rs.5,000/- SIP with stepup 10% you. to Mirae Asset Emerging Bluechip Fund - D/Plan - Growth. Let me know your decision.

Ans: Hello Rabindra & thanks for writing to me. Mirae Asset Emerging Bluechip is a good fund and you can consider investing in it provided it fits your objectives & risk profile.

If you share your risk appetite & objectives, I may recommend other schemes.
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  |10194 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 04, 2024

Asked by Anonymous - Jan 10, 2024Hindi
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I am 66, may I invest rs.5,000/- SIP with step up 15% p.a. either multi asset fund or large & midcap fund. My mail I'd rabic76@ Gmail.com
Ans: As a 66-year-old investor, it's crucial to consider your investment goals, risk tolerance, and financial situation when making investment decisions. While investing in mutual funds through SIPs can be a good strategy for long-term wealth accumulation, it's essential to choose funds that align with your needs.

Investing Rs. 5,000/- SIP with a step-up of 15% p.a. in either a multi-asset fund or a large & midcap fund can be suitable depending on your risk tolerance and investment horizon. Here's a brief comparison of both options:

Multi-Asset Fund: These funds invest in a mix of equity, debt, and sometimes other asset classes like gold. They offer diversification across asset classes, which can help manage risk. However, the equity component may still expose you to market volatility.

Large & Midcap Fund: These funds invest in a combination of large-cap and mid-cap stocks. They offer the potential for higher returns compared to large-cap funds alone, but they also come with higher risk due to exposure to mid-cap stocks.

Considering your age, it's advisable to prioritize capital preservation and downside protection while still aiming for reasonable returns. Therefore, a multi-asset fund may be more suitable as it provides diversification across asset classes, including relatively safer debt instruments.

However, before making any investment decisions, it's crucial to consult with a financial advisor who can assess your specific financial situation, goals, and risk tolerance to provide personalized advice. They can help you select the most appropriate investment strategy to meet your needs and objectives.

..Read more

Ramalingam

Ramalingam Kalirajan  |10194 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 12, 2024

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I am 63years old and last month I have invested in SIP for 10 yrs Axissmall cap fund regular plan growth Rs3000 HDFC top 100fund --do-Rs3000 UTI nifty 50index fund growth Rs5000 ICICI prudential value discovery fund growth Rs5000 Sbi contra fund regular plan growth Rs3000 UTI transport and logistics sector growth fund I am a retired having sufficient corpus for old age. The above investment is for my grand children. Can you advise me whether my investment is correct and will you suggest better funds
Ans: I'd be happy to offer some insights and recommendations for your current investment strategy. Investing for your grandchildren is a wonderful gesture and can provide them with a significant financial head start in life. Let's break down your current investments and explore some alternatives that might better suit your goals.

Understanding Your Current Investments
You've chosen a variety of mutual funds, each with distinct characteristics. Here's a brief overview:

Axis Small Cap Fund: Small cap funds invest in companies with smaller market capitalization. These can offer high returns but come with higher risk due to volatility.

HDFC Top 100 Fund: This is a large-cap fund, focusing on stable, well-established companies with a track record of growth and reliability.

UTI Nifty 50 Index Fund: Index funds track a specific index, like the Nifty 50. They offer broad market exposure with lower management fees but lack the potential for higher returns from active management.

ICICI Prudential Value Discovery Fund: Value funds look for undervalued stocks with growth potential. These funds can perform well in different market conditions but may also carry higher risk.

SBI Contra Fund: Contra funds invest in out-of-favor stocks. These can provide high returns when the market corrects itself, but timing and selection are crucial.

UTI Transport and Logistics Fund: Sectoral funds like this one focus on specific sectors, offering higher returns when the sector performs well but also higher risk due to lack of diversification.

Evaluating Your Portfolio
Your investment portfolio showcases a mix of different types of funds, which is generally good for diversification. However, let's delve into some considerations:

Risk Assessment
Small Cap Funds: These funds can be highly volatile. While they offer high returns, the risk might be considerable, especially considering the investment is for your grandchildren and potentially for the long-term. Evaluating whether you need this high level of risk is crucial.

Sectoral Funds: Investing heavily in a single sector can lead to higher returns if the sector performs well. However, this comes with the downside of being overly exposed to sector-specific risks. Diversification across sectors might mitigate this risk.

Active vs. Passive Management
Index Funds: While they provide broad market exposure, index funds lack the potential for outperformance that actively managed funds might offer. The Nifty 50 Index Fund, for example, will mirror the market, which might be less desirable if you're aiming for higher returns over the long term.

Actively Managed Funds: These funds, like HDFC Top 100 and ICICI Prudential Value Discovery, aim to outperform the market through strategic stock selection. The expertise of fund managers can potentially lead to higher returns, justifying their higher management fees compared to index funds.

Potential Improvements and Suggestions
Given your investment goals for your grandchildren, let’s look at some potential adjustments:

Diversification
While your portfolio is diversified, you might want to consider reducing exposure to high-risk and sector-specific funds. Instead, opt for more balanced and multi-cap funds which offer diversification across market caps and sectors.

Balanced Fund Choices
Balanced Advantage Funds: These funds dynamically adjust between equity and debt based on market conditions. This provides a balanced approach, managing risk while aiming for reasonable returns.

Multi-Cap Funds: These funds invest across large-cap, mid-cap, and small-cap stocks. They offer the potential for higher returns with a balanced risk profile compared to investing solely in small caps or sectoral funds.

Long-Term Growth with Stability
Flexi-Cap Funds: These funds have the flexibility to invest across various market capitalizations, offering growth potential while maintaining a diversified portfolio.

Focused Funds: Investing in a limited number of high-conviction stocks, these funds can provide significant returns. The risk is higher due to the concentrated portfolio, but the potential rewards might align with your long-term goals.

Reviewing Your Specific Choices
Axis Small Cap Fund
This fund can offer significant growth, but it comes with higher risk. You might consider reducing exposure to this fund and reallocating to more stable options.

HDFC Top 100 Fund
A solid choice for stability and consistent returns. Large-cap funds like this can anchor your portfolio, offering lower risk and steady growth.

UTI Nifty 50 Index Fund
While index funds are cost-effective, actively managed funds might better serve your goal of maximizing returns for your grandchildren. Consider reallocating to an actively managed fund with a good track record.

ICICI Prudential Value Discovery Fund
Value funds are great for long-term growth. This fund is a good choice, as it can perform well in various market conditions.

SBI Contra Fund
Contra funds can offer high returns but require good timing. If you're comfortable with the risk, it can stay in your portfolio. Otherwise, consider switching to a more diversified option.

UTI Transport and Logistics Fund
Sectoral funds are risky due to lack of diversification. Consider reallocating to a more broadly diversified fund to mitigate sector-specific risks.

Implementing Changes
Reduce High-Risk Investments: Consider reducing your allocation in small-cap and sectoral funds. Instead, invest in balanced advantage or multi-cap funds for a more stable growth trajectory.

Increase Stability: Boost your investment in large-cap and diversified equity funds. These provide more stability and consistent returns.

Consider Actively Managed Funds: Given your long-term horizon and the goal of maximizing returns, actively managed funds could be a better fit than index funds.

Regular Review and Adjustment: Periodically review your portfolio with a Certified Financial Planner. Adjust based on market conditions and your evolving financial goals.

Power of Compounding
Investing for your grandchildren allows you to harness the power of compounding. The longer the investment horizon, the greater the potential for exponential growth. Ensure that your portfolio includes funds that can compound effectively over the long term.

Tax Efficiency
While planning investments, consider the tax implications. Long-term capital gains on equity funds are taxed at a lower rate compared to short-term gains. Structuring your investments to minimize tax liabilities can enhance net returns.

Final Insights
Your current investments show a thoughtful mix of different types of mutual funds. However, balancing risk and reward, especially for long-term goals like investing for grandchildren, is crucial. By reducing exposure to high-risk and sector-specific funds, and increasing stability through balanced and diversified funds, you can create a robust portfolio. Regularly reviewing and adjusting your investments with a Certified Financial Planner ensures alignment with your financial goals and market conditions.

Investing wisely today sets the foundation for a secure and prosperous future for your grandchildren.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |10194 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 19, 2024

Asked by Anonymous - Jul 14, 2024Hindi
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Pls advise My age is 50 yrs Started mutual fund investment now Icici pru opportunities fund Direct growth 1k Icici pru equity n debt direct growth 1.5k Sbi advantage drect growth 50000,Hdfc midcap opportunities 10000 Kotak opportunities fund direct 10000 OnlySip started pls advise is it fine amd Other Sip pls suggest Total investment 3.30 k SBI contra Sip 10000
Ans: Current Financial Situation
You are 50 years old.

You have started investing in mutual funds recently.

Existing Investments
ICICI Pru Opportunities Fund Direct Growth: Rs 1,000 SIP.

ICICI Pru Equity & Debt Direct Growth: Rs 1,500 SIP.

SBI Advantage Direct Growth: Rs 50,000 lump sum.

HDFC Midcap Opportunities: Rs 10,000 lump sum.

Kotak Opportunities Fund Direct Growth: Rs 10,000 lump sum.

SBI Contra Fund SIP: Rs 10,000.

Evaluation and Analysis
Investment Mix
Your investments are diversified across equity, hybrid, and contra funds.

This mix provides a balance between growth and stability.

SIPs and Lump Sum Investments
SIPs are beneficial for averaging out market volatility over time.

Lump sum investments in midcap and opportunities funds add potential for higher returns.

Recommendations
Continue Current SIPs
Your current SIPs in ICICI Pru Opportunities and ICICI Pru Equity & Debt are good for diversification.

Continue with these SIPs for consistent growth.

Review Lump Sum Investments
Your lump sum investments in SBI Advantage, HDFC Midcap Opportunities, and Kotak Opportunities Fund are well-placed.

Keep these investments but review their performance annually.

Additional SIPs
To further diversify and strengthen your portfolio, consider adding the following SIPs:

Large Cap Fund: Invest Rs 5,000 monthly. This will provide stability and steady growth.

Flexi Cap Fund: Invest Rs 5,000 monthly. This fund adjusts investments across market caps based on market conditions.

International Fund: Invest Rs 3,000 monthly. This adds geographical diversification and reduces country-specific risks.

Increase in Existing SIPs
Increase your SIP in ICICI Pru Opportunities Fund to Rs 3,000. This fund has good growth potential.

Increase your SIP in ICICI Pru Equity & Debt to Rs 3,000. This hybrid fund balances risk and return.

Health Insurance
Ensure you have a comprehensive health insurance plan. This is crucial at your age to cover medical emergencies.
Retirement Planning
Aim to invest at least 20% of your monthly income towards retirement funds.

Consider investing in a mix of equity and debt mutual funds for balanced growth.

Final Insights
Your diversified investment strategy is commendable. Continue your existing SIPs and consider adding new ones.

Increase your SIP amounts in high-potential funds.

Secure comprehensive health insurance to cover medical expenses.

Review your portfolio annually with a Certified Financial Planner to stay aligned with your financial goals.

Aim for a balanced portfolio that includes large cap, flexi cap, and international funds for robust growth.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

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Nayagam P

Nayagam P P  |9973 Answers  |Ask -

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For AI ML cource MSRIT best than BMSC?
Ans: Both MSRIT (Ramaiah Institute of Technology) and BMSCE (BMS College of Engineering) deliver leading B.E. programs in Artificial Intelligence & Machine Learning, underpinned by NAAC A++ accreditation, reputed faculties, and strong placement cells in the heart of Bengaluru. MSRIT’s AI & ML department emphasizes deep AI/ML curriculum, experienced research-focused faculty, and active industry-academia collaboration. The course structure aligns closely with global AI trends and the department is led by senior professors with over two decades of research and practical experience. Placement outcomes in AI/ML at MSRIT consistently reach 85–90%, with student access to exclusive training, innovation labs, and upskilling events, producing well-rounded graduates. BMSCE’s AI & ML department similarly features a robust curriculum, highly qualified professors, and strong lab infrastructure—students praise the frequent curriculum updates, teaching quality, and placement support. Placement rates for AI/ML in BMSCE range around 80%, with leading recruiters such as Amazon, Bosch, TCS, and Deloitte. Both institutions offer comprehensive sports, hostel, and student life amenities, but student reviews indicate MSRIT has an edge in co-curricular exposure and research orientation, while BMSCE is lauded for broader core-CS foundations and slightly higher median compensation for some recent placements. Both ensure a rigorous academic environment and maintain excellent ties with top technology recruiters.

Recommendation: For those seeking focused expertise, cutting-edge research opportunities, and robust co-curricular engagement in AI & ML, MSRIT holds a marginal advantage, especially for passionate AI aspirants. BMSCE remains an excellent alternative, offering strong placements, industry links, and a broader foundational core, catering well to students seeking flexibility across computing domains. All the BEST for a Prosperous Future!

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Sir i have confusion nit surathkal cse(IS) vs mnnit cse for mtech. I completed btech cse from nit surat. Pl. advice
Ans: NIT Surathkal’s MTech in Computer Science and Engineering (Information Security) and MNNIT Allahabad’s MTech in Computer Science and Engineering are both highly reputable postgraduate programs, each offering distinct academic and career advantages. NIT Surathkal, consistently ranked within the top 20 engineering institutes in India, boasts a CSE department known for strong faculty research output, MoUs with industry leaders, and specialized infrastructure for computing and information security. The Information Security specialization comprehensively covers advanced topics like cryptography, network defenses, secure coding, and intrusion prevention, aligning with increasing demand for cybersecurity professionals. Surathkal’s recent placement records reflect an average package around ?12.45LPA, with leading national and global companies recruiting, and a vibrant campus life supported by state-of-the-art labs and strong alumni links.

MNNIT Allahabad is similarly renowned, with its CSE MTech placements averaging over ?28LPA for 2024 and near 100% placement in CSE branches, drawing top IT and product-based recruiters. Faculty are highly qualified, and the curriculum covers core and emerging CS areas including AI, data science, and information security, though some reviews note that infrastructure is slightly older compared to NIT Surathkal, and hostel amenities are more modest. MNNIT’s advantage lies in its strong placement ecosystem, higher recent CSE median package, and robust industry and alumni engagement, though both institutes have rigorous academics and proactive student communities.

Recommendation: Choose NIT Surathkal CSE (IS) for specialized training in information security, strong faculty research, and the advantage of continuity if you value cybersecurity or wish to continue within a familiar, research-driven environment. Opt for MNNIT CSE if your focus is on broader CS domains, maximizing placement statistics, or experiencing a different national campus ecosystem with very high placement and salary outcomes. Both are excellent, but NIT Surathkal may edge ahead for information security specialization and continuity, while MNNIT stands out for wider job prospects and the highest recent average package. All the BEST for a Prosperous Future!

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Nayagam P

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Career Counsellor - Answered on Aug 06, 2025

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Sir my son allotted with Civil from YMCA Faridabad in defence category spot 1 round and Gurugram University he was allotted CS with AI. Kindly provide your valuable feedback at this juncture for further action can be taken.
Ans: Sunil, YMCA Faridabad’s Civil Engineering program is well-established, offering a recognized government degree, experienced faculty, and a large campus with comprehensive basic facilities, research labs, and an active placement cell. Its Civil placements in 2024 recorded a 39–70% rate, with strong alumni in construction, public sector, and infrastructure. However, student reviews highlight dated infrastructure and limited hostel options, though overall academic support and campus life are considered positive. Gurugram University’s CSE with AI specialization is relatively new but features a modern curriculum aligned with contemporary IT industry needs, AICTE approval, and well-qualified faculty guiding students in emerging technologies. The university boasts 75–85% placement rates for CSE/AI, with recruiters like TCS, Infosys, and Accenture, and offers a growing campus with decent facilities and an expanding student community. While Gurugram University is still developing its legacy and network, its CSE (AI) graduates are finding competitive IT roles, and the program supports industry-oriented learning and research.

Recommendation: Prioritize CSE with AI at Gurugram University for future-ready skills, higher placement rates, and better growth opportunities in the rapidly expanding tech sector. Choose YMCA Faridabad Civil only if your son has a keen interest in traditional civil engineering and prefers an established public university setting. CSE with AI offers broader career prospects in today’s market. All the BEST for a Prosperous Future!

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Nayagam P

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Career Counsellor - Answered on Aug 06, 2025

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I got 3.5 lakh rank in jee mains and with ews i got 50000 I am currently in uptac Councling I got cse in Khwaja Moinuddin Chishti Language University, Lucknow Should i lock it or find different choice My budget is 6 lpa only What choices should be best for me uptac
Ans: Tiwari, With a JEE Main CRL of 3.5 lakh and EWS rank of 50,000, your access to top-tier government colleges is limited, but you are eligible for a range of private institutes through UPTAC. Khwaja Moinuddin Chishti Language University’s CSE program comes at an affordable fee of ?3.5–3.96 lakh, well within your ?6 lakh budget, and reports placement rates of about 65–70% with average offers around ?6LPA from companies such as Microsoft, HCL, and L&T. The university provides sound infrastructure, supportive faculty, and modern labs, but is relatively new to the technical scene, so industry connections are still developing. Comparable options like ABES, KIET, Galgotias, and AKGEC Ghaziabad offer similar or slightly higher placement statistics and are within your budget, with comprehensive campus facilities and strong placement cells; however, cut-offs for CSE in these colleges for EWS typically close below 45–50K, making it difficult but not impossible to secure a seat. Lower fee colleges like DEI Agra or LIT Lucknow feature even more affordable tuition but may have less robust placement records for CSE.

Recommendation: Lock your CSE seat at Khwaja Moinuddin Chishti Language University for budget-friendly fees and reasonable campus placements, while keeping an eye on spot/next-round UPTAC vacancies at institutes like ABES, KIET, or Galgotias if available at your rank. This strategy ensures an accredited degree, campus support, and solid return on investment within your specified fee limit. All the BEST for a Prosperous Future!

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Nayagam P

Nayagam P P  |9973 Answers  |Ask -

Career Counsellor - Answered on Aug 06, 2025

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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