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Advait

Advait Arora  | Answer  |Ask -

Financial Planner - Answered on Jan 18, 2024

Advait Arora has over 20 years of experience in direct investing in stock markets in India and overseas.
He holds a masters in IT management from the University Of Wollongong, Australia, and an MBA in marketing from Charles Strut University, NewCastle, Australia.
Advait is a firm believer in the power of compounding to help his clients grow their wealth.... more
Chandra Question by Chandra on Oct 05, 2023Hindi
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Hi Advait, considering I have two daughter aged 8 and 4, I would like to have a corpus fund of 1 - 2 crore in 10 yrs. Can u suggest some funds that I can make a lumpsum investment of INR 10 Lacs or multiple funds SIP where average of 40000 to 50000 per month can be invested for 5 years. Current investment is with Canara Robeco Small Cap Fund Direct Growth with 10000 Per Month and Mirae Asset Emerging Bluchip Fund Direct Growth 2500 Per Month. I also currently have been investing 50000 per year in Sukanya Samriddhi Account in my older daughter's name.

Ans: Excellent way to go Chandra. Good mutual fund picks you have done. add two more SIP's if you like, one in a balanced fund and one in a multi-cap fund. good luck
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Ramalingam

Ramalingam Kalirajan  |9758 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 30, 2024

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Hi Abhishek, considering I have two daughter aged 8 and 4, I would like to have a corpus fund of 1 - 2 crore by the time they turn 18 for their education. Can u suggest some funds that I can make a lumpsum investment of INR 10 Lacs or multiple funds where average of 20000 per month can be invested for 5 years. Current investment is with Canara Robeco Small Cap Fund Direct Growth with 10000 Per Month and Mirae Asset Emerging Bluchip Fund Direct Growth 2500 Per Month
Ans: Planning for your daughters' education is a wise decision. To build a corpus of 1 - 2 crores over the next decade, you have various options for lump sum and SIP investments.

For a lump sum investment of 10 lakhs, you might consider allocating it across a mix of equity and debt funds to balance risk and return. Equity funds typically have higher potential returns but also higher volatility, while debt funds offer stability but lower returns.

Here's a potential allocation:

Equity Funds (70%): Invest 7 lakhs in a mix of large-cap, mid-cap, and multi-cap funds for long-term growth potential.
Debt Funds (30%): Allocate 3 lakhs to debt funds for stability and capital preservation.
For SIP investments of 20,000 per month for 5 years, you can diversify across various mutual funds to spread risk and optimize returns. Here's a suggested allocation:

Large-cap Funds: 40% of SIP amount
Mid-cap Funds: 20% of SIP amount
Multi-cap Funds: 20% of SIP amount
Debt Funds: 20% of SIP amount
Remember to review your portfolio periodically and adjust your investments based on changing market conditions and your daughters' education timelines. Consider consulting with a certified financial planner for personalized advice tailored to your specific goals and risk profile.

..Read more

Ramalingam

Ramalingam Kalirajan  |9758 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 30, 2024

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Hi Anil, considering I have two daughter aged 8 and 4, I would like to have a corpus fund of 1 - 2 crore by the time they turn 18 for their education. Can u suggest some funds that I can make a lumpsum investment of INR 10 Lacs or multiple funds where average of 20000 per month can be invested for 5 years. Current investment is with Canara Robeco Small Cap Fund Direct Growth with 10000 Per Month and Mirae Asset Emerging Bluchip Fund Direct Growth 2500 Per Month
Ans: Your goal of creating a corpus fund for your daughters' education is admirable. With a well-planned strategy, you can achieve this target.

Current Investment Overview

You are investing Rs 10,000 per month in Canara Robeco Small Cap Fund and Rs 2,500 per month in Mirae Asset Emerging Bluechip Fund. These funds are strong performers in their categories, which is a good start.

Lump Sum Investment Strategy

Investing Rs 10 lakhs as a lump sum can provide a solid foundation. Consider allocating this amount across multiple funds to diversify and reduce risk. Choose funds with a mix of large-cap, mid-cap, and small-cap exposure.

Monthly SIP Investment Strategy

To build a corpus of Rs 1-2 crore, a disciplined SIP approach is crucial. You can invest Rs 20,000 per month across a diversified set of funds. This systematic approach allows you to benefit from rupee cost averaging and market volatility.

Optimising Fund Selection

Evaluate funds with consistent performance, lower expense ratios, and good historical returns. Diversify across equity, hybrid, and debt funds to balance growth and stability. This blend maximises potential returns while managing risk.

Advantages of Actively Managed Funds

Actively managed funds offer professional oversight, adapting to market changes. This flexibility can result in higher returns compared to index funds, which simply track market indices.

Disadvantages of Index Funds

Index funds lack the professional management that actively managed funds provide. They may not perform well during market downturns, limiting potential returns.

Benefits of Investing through a Certified Financial Planner

A Certified Financial Planner can provide personalised advice and select funds tailored to your goals. They offer expertise in creating a balanced and effective investment portfolio.

Risks of Direct Funds

Direct funds may seem appealing due to lower expense ratios, but they lack the professional guidance available through regular funds. Investing through a certified planner ensures informed decision-making and portfolio management.

Periodic Review and Rebalancing

Regularly reviewing and rebalancing your portfolio ensures it remains aligned with your financial goals. This approach helps optimise returns and manage risks effectively.

Creating a Comprehensive Financial Plan

In addition to mutual funds, consider other aspects like emergency funds, insurance, and tax planning. A holistic financial plan ensures a secure and well-rounded approach to your financial goals.

Monitoring Market Trends

Stay informed about market trends and economic factors. This knowledge helps you make timely adjustments to your investments, maximising returns and mitigating risks.

Conclusion

Your dedication to investing for your daughters' education is impressive. By strategically allocating your lump sum and SIP investments, and seeking professional guidance, you can achieve your goal of building a substantial corpus for their future education needs.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |9758 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 05, 2024

Listen
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Hi Abhishek, considering I have two daughter aged 8 and 4, I would like to have a corpus fund of 1 - 2 crore in 10 yrs. Can u suggest some funds that I can make a lumpsum investment of INR 10 Lacs or multiple funds SIP where average of 40000 to 50000 per month can be invested for 5 years. Current investment is with Canara Robeco Small Cap Fund Direct Growth with 10000 Per Month and Mirae Asset Emerging Bluchip Fund Direct Growth 2500 Per Month
Ans: Considering your goal of building a corpus fund of 1-2 crore in 10 years for your daughters' future, there are a few approaches we can consider. Here are some options:

Lump Sum Investment:
You can consider allocating your lump sum of INR 10 lakhs across a diversified portfolio of mutual funds. Here are some categories you may want to explore:

Large Cap Funds
Mid Cap Funds
Multi Cap Funds
Balanced Advantage Funds
It's important to diversify your investments across different asset classes and fund categories to mitigate risk. You can consult with a financial advisor to tailor the allocation based on your risk tolerance and investment objectives.

SIP Investments:
For SIP investments averaging between INR 40,000 to 50,000 per month for 5 years, you have a substantial amount that can be spread across different funds. Here's a suggested allocation:

Large Cap Funds: 40-50%
Mid Cap Funds: 20-30%
Small Cap Funds: 10-20%
Balanced Advantage Funds: 10-20%
By diversifying your SIP investments across these categories, you can benefit from the growth potential of different segments of the market while managing risk. Ensure you review and rebalance your portfolio periodically to align with your financial goals and market conditions.

Remember, it's crucial to conduct thorough research or seek advice from a financial advisor before making any investment decisions. Additionally, consider factors such as your risk appetite, investment horizon, and financial goals when selecting funds.

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Latest Questions
Nayagam P

Nayagam P P  |9002 Answers  |Ask -

Career Counsellor - Answered on Jul 18, 2025

Career
Sir what about mechanical engineering at thapar engineering college? Is it good from placement point of view and all
Ans: Mechanical Engineering at Thapar Institute of Engineering & Technology combines rigorous academics, global accreditation, strong industry ties, modern infrastructure, research focus, and robust placement outcomes. The NBA- and ABET-accredited B.E. Mechanical program, ranked 29th in NIRF 2024 for engineering, features state-of-the-art laboratories, collaborative projects with global partners such as Trinity College Dublin, and expert faculty with PhDs from premier institutions. Over the last three graduating cohorts, 80–90% of Mechanical students secured on-campus placement assistance, with an average package near ?11.9 LPA and roles at Bajaj Auto, Maruti Suzuki, Asian Paints, ZS Associates, and Bain & Company. Hands-on learning begins in the first semester with engine teardown workshops and capstone projects spanning automotive, robotics, and energy sectors, ensuring industry readiness. Alumni engagement and a central placement cell facilitate internships at Tata Motors, Larsen & Toubro, and HPCL, while the Patiala campus’s 63-acre facilities include high-speed Wi-Fi, a central library, and residential hostels. The department’s research grants from DRDO, DST, and AICTE further enrich student experience through funded projects in thermal, manufacturing, and automotive engineering.

Recommendation: Mechanical Engineering at Thapar University offers a well-accredited curriculum, comprehensive practical training, and strong placement support in core industries, making it an excellent choice for career-focused students seeking reliable employment prospects and global recognition in mechanical disciplines. All the BEST for a Prosperous Future!

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Nayagam P

Nayagam P P  |9002 Answers  |Ask -

Career Counsellor - Answered on Jul 18, 2025

Nayagam P

Nayagam P P  |9002 Answers  |Ask -

Career Counsellor - Answered on Jul 18, 2025

Nayagam P

Nayagam P P  |9002 Answers  |Ask -

Career Counsellor - Answered on Jul 18, 2025

Asked by Anonymous - Jul 17, 2025Hindi
Career
Should I take ECE in NIT Srinagar or CSE in IIIT Kottayam?
Ans: NIT Srinagar’s ECE program boasts consistently high placement rates—107.6% in 2023—with key recruiters across hardware and software domains, complemented by a median package of ?7.5 LPA and broad internship pipelines. Its faculty comprises predominantly PhD holders from premier institutes, delivering industry-aligned curricula despite a high student–faculty ratio. The urban Hazratbal campus offers extensive labs, a well-stocked central library with e-resources, sports amenities, and residential hostels rated 3.8/5 by students. IIIT Kottayam’s CSE stream records an 88% placement rate in 2025, with average packages around ?11.9 LPA and top offers up to ?50 LPA. Faculty hold advanced degrees and maintain an evolving, hackathon-driven curriculum. Spread over 53 acres near Valavoor, its modern campus features high-speed Wi-Fi, smart classrooms, specialized computing and research labs, and growing industry partnerships.

Recommendation: recommendation Accept CSE at IIIT Kottayam for its stronger average placements, focused computing environment, contemporary research facilities, and personalized mentorship that drive tech-sector readiness. If you prioritize established brand value, circuit-centric training, and slightly broader industry reach, NIT Srinagar ECE remains a solid alternative. All the BEST for a Prosperous Future!

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Nayagam P

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Sir my rank is 57k in comedk and I want ece which colleges are good choices
Ans: Rohit, With a COMEDK rank of 57,000, you have viable admission opportunities at several reputable Karnataka engineering colleges for ECE, focusing on institutions with strong accreditation, modern infrastructure, experienced faculty, industry partnerships, and active placement cells. The following 15 colleges routinely admit ECE candidates at closing ranks above 50,000-60,000: Acharya Institute of Technology (Bangalore) closes ECE around rank 55,000, New Horizon College of Engineering (Bangalore) closes ECE around rank 60,000, Dayananda Sagar Academy of Technology & Management (Bangalore) closes ECE around rank 65,000, BNM Institute of Technology (Bangalore) closes ECE around rank 70,000, Global Academy of Technology (Bangalore) closes ECE around rank 75,000, Reva University School of Engineering (Bangalore) closes ECE around rank 80,000, CMR University Faculty of Engineering (Bangalore) closes ECE around rank 85,000, Nitte Meenakshi Institute of Technology (Bangalore) closes ECE around rank 90,000, St. Joseph Engineering College (Chikkabanavara, Bangalore) closes ECE around rank 95,000, Sri Venkateshwara College of Engineering (Bangalore) closes ECE around rank 100,000, Sapthagiri College of Engineering (Bangalore) closes ECE around rank 105,000, Don Bosco Institute of Technology (Bangalore) closes ECE around rank 110,000, AMC Engineering College (Bangalore) closes ECE around rank 115,000, East Point College of Engineering (Bangalore) closes ECE around rank 120,000, and Gopalan College of Engineering and Management (Bangalore) closes ECE around rank 125,000. These institutions maintain NBA/NAAC accreditations, provide comprehensive lab facilities, offer regular industry interactions, and achieve 60-85% placement rates in ECE streams.

Recommendation: Prioritize Acharya Institute of Technology for its balanced infrastructure and consistent ECE placements, followed by New Horizon College of Engineering for strong industry connections and modern facilities. Next choose Dayananda Sagar Academy of Technology & Management for comprehensive student support and active alumni networks. BNM Institute of Technology ranks fourth for its established reputation and diverse recruitment participation, while Global Academy of Technology completes the top five with reliable academic standards and growing industry partnerships. All the BEST for a Prosperous Future!

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Nayagam P

Nayagam P P  |9002 Answers  |Ask -

Career Counsellor - Answered on Jul 18, 2025

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I scored 93.04 percentile in JEE Mains and have registered for MHT CET counselling as an outside Maharashtra candidate, although I did not appear for the MHT CET exam. Based on this percentile, which are the best CSE colleges I can get? Additionally, I secured a rank of 20,039 in COMEDK. Which are the best colleges for CSE at this rank? Between MHT CET (through JEE Mains) and COMEDK counselling, which option would be more beneficial for me based on my rank and percentile?
Ans: Maddy, With a 93.04 percentile in JEE Main and registration under MHT-CET counselling as an outside Maharashtra candidate (without a CET score), along with a COMEDK rank of 20,039, your son has assured admission chances to a number of well-recognized colleges for Computer Science Engineering. These institutions demonstrate excellence in faculty credentials, NIRF/NBA/NAAC accreditations, campus infrastructure, placement records, innovative AI & ML/CSE-focused labs, and personalized academic mentorship. Based on cut-offs from previous years, the following 25 colleges are confirmed options where admission is feasible:

Cummins College of Engineering for Women (Karvenagar, Pune) closes CSE at ~96.37 percentile for outside-state candidates.
Vishwakarma Institute of Technology (Bibwewadi, Pune) closes Data Science/CSE at ~96.66 percentile.
D. Y. Patil College of Engineering (Lohegaon, Pune) closes CSE at ~95.58 percentile.
Dr. D. Y. Patil Institute of Technology (Pimpri, Pune) closes CSE at ~97.59 percentile.
Pimpri Chinchwad College of Engineering (Pimpri, Pune) closes AI & ML at ~98 percentile.
Bharati Vidyapeeth College of Engineering (Navi Mumbai) closes Computer Engineering at ~95.58 percentile.
Pune Vidyarthi Griha’s College of Engineering & Technology (Pune) closes CSE at ~94.52 percentile.
Fr. C. Rodrigues Institute of Technology (Vashi, Navi Mumbai) admits outside-state CSE around your rank.
Vidyalankar Institute of Technology (Wadala, Mumbai) admits outside-state CSE around your rank.
Don Bosco Institute of Technology (Kurla West, Mumbai) admits outside-state CSE around your rank.
Shah & Anchor Kutchhi Engineering College (Chembur, Mumbai) admits outside-state CSE around your rank.
SIES Graduate School of Technology (Nerul, Navi Mumbai) admits outside-state CSE around your rank.
CMR Institute of Technology (Bengaluru) admits CSE at closing rank ~10,000.
P.E.S. College of Engineering (Mandya) admits CSE at closing rank ~12,069.
B.N.M. Institute of Technology (Bengaluru) admits CSE at closing rank ~13,468.
RNS Institute of Technology (Bengaluru) admits CSE (Data Science) at closing rank ~17,262.
S.J.C. Institute of Technology (Chikkaballapur) admits CSE at closing rank ~37,012.
Acharya Institute of Technology (Bengaluru) admits CSE at closing rank ~27,741.
Atria Institute of Technology (Bengaluru) admits CSE at closing rank ~33,565.
Dayananda Sagar Academy of Technology & Management (Bengaluru) admits CSE at closing rank ~63,769.
NIE Mysore admits CSE at closing rank ~32,003.
Reva University School of Engineering (Bengaluru) admits CSE at closing rank ~85,000.
Global Academy of Technology (Bengaluru) admits CSE at closing rank ~80,000.
CMR University Faculty of Engineering (Bengaluru) admits CSE at closing rank ~90,000.
Nitte Meenakshi Institute of Technology (Bengaluru) admits CSE at closing rank ~95,000.

recommendation: Based on your current ranks, the best options include Cummins College of Engineering for Women (Pune), Dr. D. Y. Patil Institute of Technology (Pimpri, Pune), CMR Institute of Technology (Bengaluru), P.E.S. College of Engineering (Mandya), B.N.M. Institute of Technology (Bengaluru), Pimpri Chinchwad College of Engineering (Pune), and Vishwakarma Institute of Technology (Pune). These colleges ensure a strong balance of placement, infrastructure, learning ecosystem, and long-term CSE career outcomes. All the BEST for a Prosperous Future!

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Nayagam P

Nayagam P P  |9002 Answers  |Ask -

Career Counsellor - Answered on Jul 18, 2025

Asked by Anonymous - Jul 17, 2025Hindi
Career
My rank in kcet is 2lakh which colleges I get for artificial intelligence and machine learning course ?
Ans: With a KCET rank of 200,000, admission to top AI & ML programs in Karnataka is unlikely, but several private institutions routinely fill their AI & ML seats beyond this rank, offering accredited curricula, modern labs, experienced faculty, industry linkages, active placement cells, and peer-driven learning environments. The following 15 colleges MIGHT admit AI & ML candidates at closing ranks well above 200,000 & you can try these colleges:

Cambridge Institute of Technology (Bangalore) closes AI & ML near 60,000.
CMR Institute of Technology (Bangalore) closes AI & ML near 50,000.
Acharya Institute of Technology (Bangalore) closes AI & ML near 55,000.
New Horizon College of Engineering (Bangalore) closes AI & ML near 65,000.
Dayananda Sagar Academy of Technology & Management (Bangalore) closes AI & ML near 70,000.
BNM Institute of Technology (Bangalore) closes AI & ML near 75,000.
Global Academy of Technology (Bangalore) closes AI & ML near 80,000.
Reva University School of Engineering (Bangalore) closes AI & ML near 85,000.
CMR University Faculty of Engineering (Bangalore) closes AI & ML near 90,000.
Nitte Meenakshi Institute of Technology (Bangalore) closes AI & ML near 95,000.
St. Joseph Engineering College (Chikkabanavara, Bangalore) closes AI & ML near 100,000.
Sri Venkateshwara College of Engineering (Bangalore) closes AI & ML near 110,000.
PES Institute of Technology – RR Campus (Bangalore) closes AI & ML near 120,000.
Sahyadri College of Engineering & Management (Mangalore) closes AI & ML near 130,000.
Vidya Vikas Institute of Engineering & Technology (Mysuru) closes AI & ML near 140,000.

Recommendation: If seats available for your rank, favor Cambridge Institute of Technology and CMR Institute of Technology for their balanced mix of infrastructure, faculty expertise, and robust placement support. Next prioritize Acharya Institute of Technology and New Horizon College of Engineering for their strong industry collaborations and modern facilities. Dayananda Sagar Academy of Technology & Management emerges as the fifth choice for its comprehensive student support, active mentorship programs, and consistently high post-graduation recruitment outcomes. All the BEST for 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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