Home > Money > Question
Need Expert Advice?Our Gurus Can Help

How can I build a strong retirement corpus with a 2 crore MF investment and 2 flats?

Milind

Milind Vadjikar  |1160 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Nov 27, 2024

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
Asked by Anonymous - Nov 25, 2024Hindi
Listen
Money

Good day, I am 40 years old, working , Annual salary 36 lakh CTC, Monthly expenses -2 lakhs including rent and others, I own 2 flats ,one 3 bhk flat at Patna and one 3 bhk at Kolkata, presently residing at Noida I have around 1 cr invested in MF whose current value is approx 2 cr, I have few LIC and HDFC insurance plans running as well Kindly advise me to built a strong corpus for my retirement after 10 years keeping in line with my expenses Thanks a lot

Ans: Hello;

Do you have any rental income from the flats owned by you?

Kindly confirm so as recommend suitably.

Thanks;
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.
Money

You may like to see similar questions and answers below

Ramalingam

Ramalingam Kalirajan  |8221 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 17, 2024

Listen
Money
I have worked for 11 years now in IT sector. My savings are almost nill apart from a LIC insurance investment of 25k per year and a small investment in real estate. I started from earning 22k/month and now I earn 1.5lac/month from previous 5 months. As I got married and also have a kid now my expenses grew exponentially. My per month expenses are 50-60k including house rent excluding medical expenses. How should I proceed further to create a corpus of atleast 3 cr for retirement. My immediate (10years horizon) heavy expense will be build a home (already purchased land) at my hometown. Please guide, how should I proceed to build a corpus.
Ans: Congratulations on your career growth and starting a family! It's essential to reassess your financial goals and plan for the future, especially with increasing expenses and the need to build a substantial retirement corpus.

Understanding Your Goals
Short-Term Goal (10 Years): Building a home at your hometown.

Long-Term Goal (Retirement): Accumulating a corpus of ?3 crores.

Strategic Financial Planning
Given your income, expenses, and goals, here's a strategic plan to help you achieve financial security:

1. Budgeting and Expense Management
Track Your Expenses:

Monitor your expenses closely to identify areas where you can reduce costs and save more.
Create a Budget:

Develop a comprehensive budget that accounts for all your expenses, including the upcoming home construction.
Emergency Fund:

Build an emergency fund equivalent to 6-12 months of your expenses to handle unexpected financial needs.
2. Maximize Savings and Investments
Increase Savings Rate:

Aim to save a higher percentage of your income, considering your rising expenses.
Investment Strategy:

Allocate your savings into a mix of equity, debt, and other investment instruments to balance risk and return.
3. Retirement Planning
Calculate Retirement Corpus:

Estimate the corpus required for retirement based on your expected expenses and lifestyle.
Systematic Investment Plan (SIP):

Start SIPs in mutual funds to systematically invest a portion of your income towards your retirement goal.
Tax-Efficient Investments:

Utilize tax-saving investment options such as ELSS (Equity Linked Savings Scheme) mutual funds and PPF (Public Provident Fund) to optimize tax benefits.
4. Home Construction Planning
Prioritize Savings:

Allocate funds specifically for the home construction goal. Consider setting up a separate investment or savings account for this purpose.
Evaluate Financing Options:

Assess various financing options, such as home loans, to cover the remaining cost of home construction.
Timeline and Cost Management:

Plan the construction timeline and budget meticulously to avoid cost overruns and delays.
5. Professional Financial Advice
Consult a Certified Financial Planner:

Seek guidance from a Certified Financial Planner to tailor a comprehensive financial plan aligned with your goals and risk tolerance.
Regular Review and Adjustment:

Periodically review your financial plan and make necessary adjustments based on changing circumstances and market conditions.
Conclusion
By adopting a disciplined approach to budgeting, maximizing savings, and investing strategically, you can work towards both your short-term and long-term financial goals. Building a home and accumulating a retirement corpus require careful planning and execution. With prudent financial management and professional guidance, you can achieve financial security and peace of mind for you and your family.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |8221 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 27, 2024

Asked by Anonymous - May 26, 2024Hindi
Money
Hi, we are a couple with monthly income of 7.5L per month (after tax & PF, NPS savings). Have around 50L in FDs, 1Cr in PF, 22L in NPS and 20L in stocks/Mutual Funds. Our expenses are around 2L pm and have a Home loan of 50L. We own 2 flats & land having value of around 11.5 Cr. Need to create a corpus of 10 Cr within next 10 year to retire. Can invest around 3L every month & can increase it by 8~10% every year. Our age is 45 & 42 years. Please advise how we can we achieve this.
Ans: Evaluating Your Financial Situation
You and your spouse have a combined monthly income of Rs 7.5 lakhs after tax and savings in PF and NPS. You have an existing portfolio consisting of:

Fixed Deposits (FDs): Rs 50 lakhs
Provident Fund (PF): Rs 1 crore
National Pension System (NPS): Rs 22 lakhs
Stocks/Mutual Funds: Rs 20 lakhs
Home loan outstanding: Rs 50 lakhs
Real estate assets (2 flats and land): Rs 11.5 crores
Your monthly expenses are around Rs 2 lakhs, and you aim to create a corpus of Rs 10 crores within the next 10 years. You can invest Rs 3 lakhs per month, increasing this by 8-10% annually. Let's explore a strategy to achieve this goal.

Setting a Retirement Corpus Target
To reach your goal of Rs 10 crores in 10 years, a systematic and disciplined investment approach is necessary. Considering your high monthly savings potential, diversification and growth-oriented investments will be key.

Monthly Investment Strategy
Start with Equity Mutual Funds
Equity Mutual Funds: Allocate a significant portion to equity mutual funds. These funds typically offer higher returns compared to other asset classes over the long term.

Balanced Advantage Funds: Consider these for a balance between equity and debt, reducing risk while still offering growth.

Debt Instruments for Stability
Debt Mutual Funds: These provide stability and lower risk compared to equity funds, suitable for part of your portfolio.

Public Provident Fund (PPF): PPF offers tax benefits and assured returns, providing a stable component to your portfolio.

Increasing SIP Contributions
Given your ability to increase investments by 8-10% annually, start with an SIP of Rs 3 lakhs per month. Increase your SIPs annually to keep pace with your income growth and inflation.

Portfolio Diversification
Diversify Across Asset Classes
Large Cap Funds: These funds are less volatile and provide stable returns over the long term.

Mid Cap and Small Cap Funds: Allocate a portion to these funds for higher growth potential, though they carry more risk.

Sector-Specific Funds: Consider investing in specific sectors like technology or healthcare, which have high growth potential.

Review and Adjust Regularly
Monitor Performance
Regular Reviews: Review your portfolio every six months to ensure it aligns with your goals.

Rebalance Portfolio: Adjust your investments based on performance and market conditions to stay on track.

Avoid Index Funds
Disadvantages of Index Funds
Limited Returns: Index funds only match market returns and do not aim to outperform.

Lack of Flexibility: They cannot react quickly to market changes, potentially missing out on higher returns.

Actively Managed Funds Advantage
Professional Management: These funds benefit from the expertise of fund managers who make informed decisions.

Higher Returns: Actively managed funds aim to outperform the market, providing better growth potential.

Direct Funds vs Regular Funds
Disadvantages of Direct Funds
Lack of Guidance: Direct funds do not offer professional guidance, which can be crucial for optimal investment decisions.

Time-Consuming: Managing direct investments can be time-consuming and complex without expert help.

Benefits of Regular Funds via MFD with CFP Credential
Expert Advice: Regular funds provide access to certified financial planners who can offer tailored advice.

Comprehensive Planning: Investing through a CFP ensures a holistic approach to financial planning.

Better Performance: Professional management often results in better performance compared to self-managed direct funds.

Education Planning for Children
Education Savings Plans
Dedicated Education Funds: Invest in plans specifically designed for education to build a sufficient corpus for your children’s higher education.

Sukanya Samriddhi Yojana: If you have daughters, this scheme offers attractive interest rates and tax benefits.

Balancing Current and Future Needs
Emergency Fund: Maintain an emergency fund equal to 6-12 months of expenses for unforeseen events.

Debt Management: Continue servicing your home loan, ensuring it doesn’t burden your future finances.

Achieving Your Corpus Goal
Target Corpus Calculation
Assuming an average annual return of 12%, your monthly investments need to grow consistently. Start with Rs 3 lakhs per month and increase it by 8-10% yearly. This disciplined approach will help you reach your goal of Rs 10 crores.

Importance of Professional Guidance
Certified Financial Planner: Regular consultations with a CFP will ensure you stay on track and make necessary adjustments.

Tailored Advice: A CFP can provide tailored advice based on your specific financial situation and goals.

Final Thoughts
Your current financial health is strong, and your disciplined savings approach will help you achieve your retirement goal. Regular investments, portfolio diversification, and professional guidance are key to your success.

Staying on Course
Regular Reviews: Stay informed about your investments and review them periodically.

Flexibility: Be ready to adjust your strategy based on market conditions and personal circumstances.

Discipline: Maintain a disciplined approach to savings and investments.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |8221 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jun 25, 2024

Asked by Anonymous - Jun 14, 2024Hindi
Money
Hi, I am 37 yrs old, single and earning 1lac per month. I invest 21K in 4 types of MF - Flexi cap, multicap, small cap, large cap equally distributed, 5,000 in NPS tier 1 & 2,500 in NPS tier 2, 5,000 in PPF, 6,500 SIP in smallcase stocks, I'm also trying to manage trading and having housing Loan EMI of 37,500 every month. How can I generate substantial corpus for my retirement. I'm planning to have around 10Cr. Please guide
Ans: I appreciate your dedication to securing your financial future. You're already making commendable strides towards building a substantial corpus for your retirement. Let's explore how to optimize your current investments and plan strategically to achieve your retirement goal of Rs. 10 crore.

Understanding Your Current Financial Situation
Monthly Income and Investment Allocation
You have a monthly income of Rs. 1 lakh. Your current investments are:

Rs. 21,000 in various mutual funds (Flexi cap, multicap, small cap, large cap).
Rs. 5,000 in NPS Tier 1.
Rs. 2,500 in NPS Tier 2.
Rs. 5,000 in PPF.
Rs. 6,500 SIP in smallcase stocks.
Rs. 37,500 in housing loan EMI.
This is a well-diversified portfolio, but let's delve deeper into each component to see if there are opportunities for optimization.

Evaluating Your Mutual Fund Portfolio
Distribution Across Funds
Investing Rs. 21,000 equally in four types of mutual funds is a good start. Here’s an analysis of each category:

Flexi Cap Funds
Flexi cap funds provide flexibility by investing in companies across market capitalizations. This can offer a balanced risk-return profile.

Multicap Funds
Multicap funds invest in large-cap, mid-cap, and small-cap companies. This diversification can help mitigate risks associated with a particular segment.

Small Cap Funds
Small cap funds can provide high growth potential but come with higher risk. Ensure these investments align with your risk tolerance.

Large Cap Funds
Large cap funds are generally more stable and less volatile. They can provide steady returns with lower risk compared to small cap funds.

Recommendations for Mutual Funds
Consider reviewing the performance of each fund. Actively managed funds often outperform index funds, offering better returns. Working with a Certified Financial Planner (CFP) can help you select the best-performing funds in each category.

National Pension System (NPS) Investment
Tier 1 and Tier 2 Accounts
NPS Tier 1 is a retirement account with tax benefits. Tier 2 is a voluntary account with more flexibility.

NPS Tier 1
Your Rs. 5,000 monthly contribution in NPS Tier 1 is good for long-term retirement savings. The tax benefits under Section 80CCD(1B) are an added advantage.

NPS Tier 2
NPS Tier 2 doesn't offer tax benefits but provides liquidity. If you're not using this fund frequently, consider whether the returns meet your expectations.

Maximizing NPS Benefits
Ensure your NPS portfolio is appropriately allocated between equity, corporate bonds, and government securities to balance risk and returns. Discuss with a CFP to optimize your asset allocation within NPS.

Public Provident Fund (PPF)
Long-Term Security
PPF is a safe investment with tax-free returns, ideal for long-term goals. Your Rs. 5,000 monthly contribution will grow steadily over time.

Recommendations
Continue contributing to PPF for its tax-free returns and stability. It provides a solid foundation for your retirement corpus.

Smallcase Stocks and Trading
SIP in Smallcase Stocks
Investing Rs. 6,500 monthly in smallcase stocks is a strategic move. Smallcases offer a curated basket of stocks, making stock investing simpler.

Trading Activities
Active trading can be risky and may lead to losses if not managed carefully. Given your past experience, consider limiting trading activities.

Recommendations
Focus on long-term investments over active trading. Use smallcases for diversified exposure to stocks, and avoid speculative trading.

Housing Loan EMI
Managing Debt
Your housing loan EMI of Rs. 37,500 is a significant monthly expense. Ensure that this loan doesn't hinder your investment capabilities.

Recommendations
Consider prepaying the housing loan if you have surplus funds. This can reduce interest outgo and free up cash flow for investments.

Strategies to Reach Rs. 10 Crore Retirement Corpus
Goal Setting and Time Horizon
You have around 23 years until a typical retirement age of 60. Here’s a strategic plan to achieve your goal:

Increase SIP Amount Gradually
As your income grows, increase your SIP amounts. Aim to invest at least 30-40% of your monthly income.

Diversify Across Asset Classes
Ensure a good mix of equity, debt, and alternative investments. This can help balance risk and returns.

Regular Review and Rebalancing
Monitor Portfolio Performance
Regularly review your portfolio’s performance. Rebalance your investments to maintain the desired asset allocation.

Seek Professional Advice
A CFP can help you navigate complex financial decisions and optimize your investment strategy.

Tax Efficiency
Utilize Tax Benefits
Maximize contributions to tax-saving instruments like PPF, NPS, and ELSS funds. This can reduce your taxable income and increase investable surplus.

Long-Term Capital Gains
Invest in equity instruments with a long-term perspective to benefit from lower capital gains tax.

Detailed Investment Plan
Equity Investments
Equities offer high growth potential. Allocate a significant portion of your portfolio to equity mutual funds and smallcases.

High Growth Funds
Focus on funds with a track record of high returns. Avoid index funds, as actively managed funds tend to perform better in the Indian market.

Regular Monitoring
Monitor the performance of equity funds regularly. Switch to better-performing funds if necessary.

Debt Investments
Debt instruments provide stability and regular income.

Balanced Portfolio
Include debt mutual funds, PPF, and NPS in your portfolio. This provides a safety net during market volatility.

Alternative Investments
Gold and Commodities
Consider investing in gold ETFs or commodities for diversification. Gold can act as a hedge against inflation.

International Funds
Invest in international funds for global exposure. This can diversify risk and provide opportunities in different markets.

Financial Discipline and Planning
Regular Savings and Investments
Consistently save and invest a portion of your income. Automate your investments to ensure regular contributions.

Emergency Fund
Maintain an emergency fund equivalent to 6-12 months of expenses. This can provide financial security during unforeseen events.

Insurance Coverage
Ensure adequate life and health insurance coverage. This protects your family and preserves your investments in case of emergencies.

Final Insights
Achieving a Rs. 10 crore retirement corpus is a commendable goal. Your current investment strategy is on the right track. However, optimizing your portfolio and increasing investments can accelerate your progress.

Work with a Certified Financial Planner to refine your investment strategy and ensure you are on the path to financial success. Regularly review your portfolio, stay disciplined with your investments, and make informed decisions to achieve your retirement goals.

Best regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |8221 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jan 02, 2025

Asked by Anonymous - Dec 29, 2024Hindi
Money
Dear Sir , I m 29 and govt employee in defence with salary of 75k per month, monthly deduction are - 5k in Pf, and i get around 60k per month after tax and pf and some other deduction . I have Pf od 17 lac, no other income source and i have to pay 6 lac to relative (no intrest ) borrowed for land purchase . Monthly expenses are 20k to 25k approx I want to retire at 40 with corpus of 2 Cr. Other than, have life time free health insurance. And monthly pension approx 50k when i retire. Please guide with how can i invest monthly income to get corpus .
Ans: At age 29, you have a steady government job in defence with a Rs. 75,000 monthly salary.

After taxes and deductions, you receive Rs. 60,000 monthly.

Your current PF corpus is Rs. 17 lakh, with Rs. 5,000 contributed monthly.

Your monthly expenses are Rs. 20,000 to Rs. 25,000, leaving a surplus of Rs. 35,000 to Rs. 40,000.

You have a liability of Rs. 6 lakh borrowed from a relative without interest.

Your goal is to retire at 40 with a corpus of Rs. 2 crore.

Setting Realistic Goals
Your target of Rs. 2 crore is achievable with disciplined investments.

Retirement at 40 comes with a monthly pension of Rs. 50,000 and lifetime health insurance.

The focus should be on efficiently using the Rs. 35,000 to Rs. 40,000 monthly surplus.

Clearing Existing Liability
Repay the Rs. 6 lakh borrowed amount within two years.

Dedicate Rs. 25,000 monthly towards repayment.

Avoid delaying repayment to reduce financial stress.

After clearing the debt, you can focus entirely on wealth creation.

Planning Investments for Retirement Corpus
1. Build an Emergency Fund

Maintain six months of expenses (Rs. 1.5 lakh) as an emergency fund.
Park this fund in a high-interest savings account or liquid mutual fund.
2. Start with Equity Mutual Funds

Allocate Rs. 30,000 monthly towards equity mutual funds.
Equity mutual funds offer higher returns over the long term.
Choose actively managed funds instead of index funds.
3. Explore Hybrid Mutual Funds

Invest Rs. 5,000 monthly in hybrid funds for moderate risk and returns.
Hybrid funds balance equity and debt, reducing overall portfolio volatility.
4. Continue PF Contributions

Your PF already provides a stable and safe growth avenue.
The Rs. 5,000 monthly deduction ensures a growing retirement corpus.
5. Avoid Low-Yield Investments

Avoid traditional fixed deposits or savings schemes.
These provide lower returns compared to mutual funds.
Tax-Efficient Investment Strategies
1. Equity Mutual Funds Taxation

LTCG above Rs. 1.25 lakh is taxed at 12.5%.
STCG is taxed at 20%.
2. Debt Mutual Funds Taxation

Gains are taxed as per your income tax slab.
Allocate a smaller portion to debt funds to minimise tax impact.
3. Claim Tax Benefits

Utilise tax-saving options under Section 80C.
Include PF contributions and eligible mutual fund investments.
Monitoring and Adjusting Investments
1. Review Investment Performance

Assess your mutual fund performance annually.
Switch funds if underperforming consistently.
2. Increase SIP Amount Gradually

As your income grows, increase your SIP amount.
This helps you achieve your corpus faster.
3. Diversify Across Sectors

Avoid concentrating your investments in a single sector.
Diversification reduces risk and enhances stability.
Retirement Planning Post Age 40
1. Withdraw Systematically

Use a systematic withdrawal plan from your Rs. 2 crore corpus.
This ensures monthly income while preserving the principal amount.
2. Rely on Pension for Basic Needs

Your Rs. 50,000 monthly pension can cover basic living expenses.
Use the investment corpus for other aspirations or emergencies.
3. Stay Invested in Equity

Keep a portion of the corpus in equity for long-term growth.
This ensures your funds outpace inflation.
Final Insights
Your retirement at 40 is achievable with a structured financial approach. Focus on clearing liabilities first and investing the surplus strategically. Prioritise equity mutual funds for long-term growth and monitor investments regularly. Ensure your financial discipline remains intact to achieve this ambitious goal.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

..Read more

Latest Questions
Milind

Milind Vadjikar  |1160 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Apr 12, 2025

Ramalingam

Ramalingam Kalirajan  |8221 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 12, 2025

Asked by Anonymous - Apr 12, 2025Hindi
Listen
Money
I am 38 year old in IT, draws a little over 3L per month, married and 3 kids. First one in 5th standard, second in UKG and third is in play school. Wife working in IT as well drawing 2L per month. We have Two houses - one individual house estimated value (1.5 CR) with 18L loan pending paid by me (26.5k per month EMI) and other apartment nearing completion estimated value (1CR) with 50L loan pending paid by my wife (47k per month EMI). As far as other savings are concerned I have around 50L in MFs and my wife has 20L. I have 5L in stocks, 5L in FDs and 5L in other markets. My PF value is around 25L. My wife PF and Gratuity together around 20L. We have Vehicles estimated to give 10L. Currently living in a metro city for our work with expenses upto 2L per month including loans, kids education, rent etc Please tell us what more needed for us to retire and move to less expensive tier 2 place where living expenses can be between 50k - 1l name month.
Ans: Current Financial Overview
Age: 38 years

Monthly Income: Rs. 5 lakh (combined)

Monthly Expenses: Rs. 2 lakh (including EMIs)

Assets:

Mutual Funds: Rs. 70 lakh

Stocks: Rs. 5 lakh

Fixed Deposits: Rs. 5 lakh

Other Investments: Rs. 5 lakh

Provident Fund: Rs. 45 lakh (combined)

Vehicles: Rs. 10 lakh

Liabilities:

Home Loan 1: Rs. 18 lakh (EMI: Rs. 26,500)

Home Loan 2: Rs. 50 lakh (EMI: Rs. 47,000)

Retirement Corpus Estimation
Target Monthly Expenses Post-Retirement: Rs. 1 lakh

Expected Retirement Age: 50 years

Life Expectancy: 85 years

Inflation Rate: 6%

Expected Return on Investments Post-Retirement: 8%

Based on these assumptions, you would require a retirement corpus of approximately Rs. 6 crore to maintain your desired lifestyle in a tier-2 city.

Children's Education Planning
Child 1: Currently in 5th standard

Child 2: Currently in UKG

Child 3: Currently in play school

Assuming higher education costs of Rs. 25 lakh per child in today's terms and considering an education inflation rate of 10%, the future cost for each child could be significantly higher. Therefore, it's essential to start dedicated investments for each child's education.

Action Plan
Increase Savings: Aim to save at least 40% of your combined monthly income.

Debt Reduction: Prioritize paying off high-interest debts to reduce financial burden.

Investment Strategy:

Continue investing in mutual funds with a focus on long-term growth.

Diversify your portfolio to include a mix of equity and debt instruments.

Emergency Fund: Maintain an emergency fund equivalent to 6 months of expenses.

Insurance:

Ensure adequate life insurance coverage for both you and your wife.

Obtain comprehensive health insurance for the entire family.

Final Insights
You're on a solid financial path with a strong income and investment base.

Focus on increasing your savings rate and reducing liabilities.

Plan systematically for your children's education expenses.

Regularly review and adjust your investment portfolio to align with your retirement goals.

Consider consulting a Certified Financial Planner to tailor a comprehensive financial plan for your family's needs.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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

...Read more

Nayagam P

Nayagam P P  |4417 Answers  |Ask -

Career Counsellor - Answered on Apr 12, 2025

Listen
Career
Hii sir muje aaose puchhna hai mere bete ne ssc kiboard ki exam fi hai aage ki padhai k bare me thoda confuse hai hambe dmit bhi karvaya ...to dmit k councelar ne hame science stram lene se mana kar diya hai aur engineering me bhi dalne se mana kiya hame use cse diploma me karvana chahte the lekin councelar ne commers aur arts me jane ki salah di hai dmit test par kitna trust karna chahiye kya kare
Ans: Uday Sir, thank you for reaching RediffGURU. Your concern is completely valid — and many parents face the same confusion after 10th, especially after taking a DMIT test. Let me explain everything in a clear and practical way: DMIT (Dermatoglyphics Multiple Intelligence Test) is based on fingerprint patterns and claims to assess a child’s inborn talents, personality, and learning style. While it can give some general insights, it is not scientifically proven and should not be the sole basis for career decisions. However, to some extent, Psychometric Test will be more helpful, compared to DMIT, providing some suitable career options for your son. So, use DMIT as a guidance tool, not as the final decision-maker. What Should You Focus on Instead? His Interest + Aptitude + Effort — These matter more than any test. Look at your son's performance in Maths, Science, English, etc. during SSC. Has he shown any interest in: Coding or Computers? Business or Finance? Design or Creativity? Communication or Language? Based on this, you/he can help select the right stream (Engineering | Medical | Commerce | Arts-Humanities) or he prefers Diploma (like CSE Diploma after 10th) if he's not confident about handling 11th-12th Science, then a diploma in Computer Engineering (CSE) is a good alternative. After 3 years of diploma, he can join 2nd year of Engineering (B.E/B.Tech) through lateral entry. But again, it should be based on his interest in technology or computers — not pressure.

Talk to your son — ask what he enjoys or dreams about. Use DMIT + school marks + family guidance together to decide. Don’t choose a stream only because “DMIT said so” or “log kya kahenge.” All the best for your Son's Bright Future!

Follow RediffGURUS to Know more on 'Careers | Health | Money | Relationships'.

...Read more

Nayagam P

Nayagam P P  |4417 Answers  |Ask -

Career Counsellor - Answered on Apr 12, 2025

Asked by Anonymous - Apr 09, 2025Hindi
Listen
Career
sir mene 2022-2023 baords diya tha pass nhi hua 2023-2024 diya hn pass hoga but percentage km aye then 2024-2025 krliya hn 90 percent aaye hn isme mene as a regular students karya hn naaki ki improvemnt likha nhi aayega school balo ne confirm kiyaa hn kya ab jee de skta mains and adv 2026 mein iwant to scoore good in adv sir 2026 with good rank
Ans: Your Academic History Recap: 2022-2023: Gave boards – Did not pass.2023-2024: Gave boards again – Passed, but low percentage. 2024-2025: Appeared as a regular student, scored 90%, and the school confirmed it won’t show as improvement. Are You Eligible for JEE Main & Advanced 2026? Yes, you are eligible for both JEE Main and Advanced 2026, because only your latest qualified attempt is considered, which is 2025. You passed 12th in 2025, so your first JEE Advanced attempt will be in 2025, and second in 2026 (which is what you’re planning). Make sure your 2025 mark sheet shows you as a regular pass and not an "improvement candidate. In JEE Advanced, eligibility criteria say: "A candidate should have appeared for the Class 12 (or equivalent) examination for the first time in either the previous year or the current year." You are within this rule because 2025 is your first full qualified passing year. Plan to Score High in JEE Advanced 2026. Since you have a full year to prepare, here’s a strategy: Focus on Concepts: Use NCERT, HC Verma, Irodov, Cengage, or MS Chauhan as per subjects. Join any reliable online Test Series. Solve PYQs (Last 20 years): For both Mains and Advanced. Revise Smartly: Make short notes, formula sheets, and track your weak areas. Stay Consistent: Use Pomodoro technique, meditation/yoga to stay sharp. If time permits, watch EduJob360 YouTube Videos on Engineering Entrance Exams, Preparation Strategies, Counselling & More. All the best for your preparation & admissions!

Follow RediffGURUS to Know more on 'Careers | Health | Money | Relationships'.

...Read more

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.

Close  

You haven't logged in yet. To ask a question, Please Log in below
Login

A verification OTP will be sent to this
Mobile Number / Email

Enter OTP
A 6 digit code has been sent to

Resend OTP in120seconds

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

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

Already have an account?

Enter OTP
A 6 digit code has been sent to Mobile

Resend OTP in120seconds

x