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Ulhas

Ulhas Joshi  | Answer  |Ask -

Mutual Fund Expert - Answered on Feb 22, 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
Yogeshwari Question by Yogeshwari on Feb 10, 2024Hindi
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Hai sir, i am yogeshwari. I want to invest 30k every month in Sip for 10 yeaes to achieve 1 crore. Kindly suggest some good mutual fund. Already i am investing in 1.uti index fund - rs.1500, 2. Quant small cap fund -rs.1500 and edelweiss large and midcap index fund - rs.1500

Ans: Hello Yogeshwari & thanks for writing to me. Assuming you are able to generate XIRR of 12%, you need to invest around Rs.45,000 ever month to create a corpus of 1 Crore in 10 years.

By investing Rs.30,000 every month, you will be able to generate the Rs.1 Crore corpus in around 13 years.

You can consider investing around 20% of your monthly investments in multi cap funds, 40% in small cap funds & 40% in mid cap funds. Investing in small & mid cap funds can be more volatile but these funds also have the ability to generate higher returns when compared to large cap funds.

After around 5 to 6 years, you can stop your SIP's in the above funds and invest in a mix of large cap funds & hybrid funds, which may generate potentially lower returns as compared to small & mid cap funds but also reduce volatility in your portfolio.

Note that the above suggestions are written assuming that you are comfortable with the volatility associated with different asset classes.
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  |8320 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 26, 2024

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Dear Sir, I am 40 years old and i want to invest Rs.10,000/- per month through SIP in Mutual Funds for the period of 10 Years. Please suggest in which fund i have to invest.
Ans: Investing in mutual funds through Systematic Investment Plans (SIPs) is a wise decision. At 40, you have chosen the perfect time to plan for your financial future. Investing Rs. 10,000 per month for the next 10 years can build substantial wealth. Let's explore the best mutual fund options to meet your goals.

Understanding SIPs and Their Benefits
SIP allows you to invest a fixed amount regularly in mutual funds. It offers several benefits:

Disciplined Investment: SIP ensures regular savings, promoting financial discipline.
Rupee Cost Averaging: You buy more units when prices are low and fewer units when prices are high, averaging out the cost.
Compounding Effect: Earnings from your investments generate their own earnings, significantly growing your wealth over time.
Assessing Your Investment Goals
Your investment strategy should align with your goals, risk tolerance, and investment horizon. At 40, you might have goals like children's education, retirement, or buying a house. With a 10-year horizon, a balanced approach considering both growth and stability is ideal.

Types of Mutual Funds to Consider
1. Equity Mutual Funds

Equity mutual funds invest primarily in stocks. They offer higher returns but come with higher risks. Given your 10-year horizon, equity funds can provide substantial growth.

Large-Cap Funds: Invest in large, established companies. They are less volatile and provide stable returns.

Mid-Cap and Small-Cap Funds: Invest in medium and small companies. They are more volatile but can offer higher returns.

Multi-Cap Funds: Invest across companies of all sizes, providing a balanced risk-reward profile.

2. Balanced or Hybrid Funds

Balanced funds invest in both equities and debt instruments. They offer a mix of growth and stability. These funds are suitable if you want moderate risk and stable returns.

3. Debt Mutual Funds

Debt funds invest in fixed-income securities like bonds and treasury bills. They are less risky and offer stable returns. These funds are suitable if you prefer lower risk.

4. Tax-Saving Funds (ELSS)

Equity Linked Savings Schemes (ELSS) offer tax benefits under Section 80C. They have a lock-in period of three years and primarily invest in equities. These funds are ideal if you want to save on taxes and earn good returns.

Advantages of Actively Managed Funds Over Index Funds
Actively managed funds have professional fund managers making investment decisions. They aim to outperform the market. In contrast, index funds passively track a market index. While index funds have lower fees, actively managed funds can potentially offer higher returns through expert management.

Benefits of Regular Funds vs Direct Funds
Regular Funds

Expert Guidance: Investing through a Certified Financial Planner (CFP) ensures professional guidance.

Better Decisions: CFPs can help you choose funds that align with your goals and risk profile.

Convenience: CFPs handle all paperwork and administrative tasks, making the process smoother.

Direct Funds

Lower Costs: Direct funds have lower expense ratios as they don’t involve intermediaries.

Self-Management: Requires you to manage and track your investments.

Given your busy schedule and the complexities of financial markets, regular funds through a CFP provide a more comprehensive approach.

Creating a Balanced Portfolio
Diversification is key to managing risk. A well-balanced portfolio might include:

60% Equity Funds: Split between large-cap, mid-cap, and multi-cap funds.

30% Balanced Funds: To ensure stability and moderate returns.

10% Debt Funds: For low-risk, stable returns.

This diversified approach balances growth potential with risk management.

Monitoring and Adjusting Your Portfolio
Regularly review your portfolio with your CFP. The market and your financial goals might change. Adjust your investments accordingly to stay on track.


Your decision to invest systematically shows foresight and financial acumen. At 40, you're taking control of your financial future, which is commendable. Investing Rs. 10,000 monthly through SIPs is a strategic move that will yield significant benefits over time.

Conclusion
Investing in mutual funds through SIPs is a smart way to build wealth. With a balanced mix of equity, balanced, and debt funds, you can achieve your financial goals. Working with a Certified Financial Planner ensures professional guidance, helping you make informed decisions. Stay disciplined, monitor your portfolio, and adjust as needed to ensure financial success.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Latest Questions
Radheshyam

Radheshyam Zanwar  |1601 Answers  |Ask -

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on May 06, 2025

Career
Dear Sir, as my son Inter bord got 91% but in Jee mains 1st attempt got 50% and 2nd attempt got 70%, but he was not eligible for Advance, and he was wrote other college exams as (IIIT Hyd + VIT+TSEAPCET) in that VIT got results as 1.20 Lakh rank and he was eligible for Round of Category of 5th for VIT-AP & VIT-Bhopal, and expecting results for IIIT Hyd and also waiting for other Exams as (COMEDK + MIT + BITS), he was sincerely trying the efforts private college entrance exams, but the results which is not satisfy for him, and getting disappoint, but I was giving the motivation for other exams and do the hard work and focus on, BITS & IIT-Hyd also very tuff and more competitive, as i need to think for the negative side, if he could not get any cut of marks, what is the next option....? I request you pls give any other alternate suggestions for which is alternate engineering university for the course of (CSE AI & ML), my son interested in CSE course only
Ans: Hello Rakesh
First and foremost, I would like to commend your son for his earnest efforts in preparing for a range of engineering entrance examinations. His dedication is commendable, even if the outcomes so far haven't aligned with expectations. As you’ve mentioned, he has not yet been able to meet the required cutoff, which understandably may lead to feelings of disappointment or frustration.
However, the journey isn't over. Significant opportunities still lie ahead with BITSAT and IIIT-Hyderabad, both of which are known to be less about difficulty and more about testing strategic thinking and conceptual clarity. It appears that your son may be facing challenges in effectively managing the vast syllabus or might not yet have identified the right approach to tackle these competitive exams. Understanding how to study smartly for such tests often makes all the difference.
It’s important to maintain a positive outlook and avoid negative assumptions at this stage. You haven’t mentioned your financial circumstances, but if your son is determined to pursue fields like Computer Science, Artificial Intelligence, or Machine Learning, and if merit-based options don’t materialize, admission through the management quota could be a viable alternative. This route is typically available in reputed private engineering colleges, though it comes with a higher financial commitment.
Before considering this option seriously, I would recommend waiting for the results of all the remaining entrance exams. At the same time, it would be wise to proactively visit a few reputed institutions to inquire about the availability of management quota seats, associated costs, and relevant terms and conditions. Many parents secure such seats early on, anticipating the challenges their child might face in clearing competitive cutoffs.
Stay optimistic, there are still several promising pathways ahead.
Follow me if you like the reply. Thanks
Radheshyam

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Dr Nagarajan J S K

Dr Nagarajan J S K   |372 Answers  |Ask -

NEET, Medical, Pharmacy Careers - Answered on May 06, 2025

Asked by Anonymous - May 06, 2025
Career
can i get admission in NFSU through jee mains score only ? because i gone on NFSU admission portal link for B.Tech-M.Tech Integrated program in Computer Science and Engineering (Cyber Security) but they asking about NFAT exam
Ans: Hi,
I apologize for any confusion, but I want to clarify that when the government asked for our support of the ONE NATION ONE CARD system, we did not accept it. Similarly, everyone is required to open a savings account at a bank, and many of us expressed our discontent. However, we can see the positive changes happening in India. If we support the government, they will reciprocate by providing benefits to the citizens.

In terms of education, the government is attempting to implement a new education policy, which has proven to be quite difficult. The education system has changed significantly before and after the pandemic. Now, the government is working on new policies that align with those of developed countries.

Therefore, we cannot expect the ONE STUDENT ONE EXAM system from the government at this time, as it is not included in the current guidelines. Each council or organization has its own set of guidelines, and synchronizing them will take time. At this moment, it is simply not feasible.

The NFAT exam is different from the JEE. In the case of the JEE, they did not notify the aspirants that they are eligible to apply for NFSU, and similarly, NFSU did not mention that JEE rank holders could also apply. Therefore, if you want admission to NFSU, you need to register and appear for the NFTA.

In the near future, we can expect the ONE STUDENT ONE EXAM system from this BJP government for the benefit of younger generations. For the benefit of postgraduate aspirants (for all courses except a few professional ones), the NTA is organizing the PGCUET exam nationwide. In this exam, you can opt for up to four different courses based on your eligibility.

A similar exam pattern is needed for engineering and medical fields as well. As I mentioned, we can expect this change; however, we, as citizens, should offer moral support for the benefit of younger generations. Unfortunately, we often do not provide this support to the government. For example, in the NEET exam, many aspirants do not follow the guidelines even when appearing for the exams.
BEST WISHES

POOCHO. LIFE CHANGE KARO.

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Dr Nagarajan J S K

Dr Nagarajan J S K   |372 Answers  |Ask -

NEET, Medical, Pharmacy Careers - Answered on May 06, 2025

Career
Hello sir I have taken a 1 year drop for neet 2025 from pw online . But now I am scoring only 300 in neet .Now i am very confused what to do should I take one more drop or chose any option. This time i want to join offline coaching and really want to work hard but afraid that the coaching centre after knowing my marks will give me their worst batch so what should i do ?
Ans: Hi Ritika,
You mentioned that you scored only 300 in NEET. While we can't make any judgments until the official results are published, I must say that a score of 300 is quite low.

If you're planning to reappear for NEET, that's a good decision! However, I understand you might be worried about the coaching classes placing you in a less suitable batch. I recommend attending for 2 or 3 days while attending the coaching just follow the below instructions.

Make a list of the subjects and chapters you find challenging. Discuss these areas with your coaching faculty and aim to ask at least 15-20 questions daily to clarify your doubts and enhance your understanding. Additionally, request tips and tricks for each chapter so that you can put in a lot of effort to reach your goal.

Alternatively, you can prepare 10 questions on your own and seek answers from your coaching faculty. If you maintain this practice throughout the course, you'll build your confidence, and the coaching staff may consider changing your group due to your proactive approach in asking questions.

Through NEET, you can also pursue other medical-related courses such as BAMS, BSMS, BHMS, BYMS, BNYS, and BDS.

If you don’t have confidence in yourself, you might consider dropping NEET and exploring other courses. However, I encourage you to take one chance and follow my suggestions.

Additionally, if you are not already practicing yoga and meditation, I recommend starting. These activities can help you concentrate better and reduce distractions while studying.

Best of luck!
POOCHO. LIFE CHANGE KARO.

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Dr Nagarajan J S K

Dr Nagarajan J S K   |372 Answers  |Ask -

NEET, Medical, Pharmacy Careers - Answered on May 06, 2025

Career
Hlo I have taken a 1 year drop in 2024 for neet but i am scoring only 300 . Now I am so confused what to do I really want to crack neet and this time i want to join offline coaching but afraid that i can do it or not Please tell me what to do
Ans: Hi Ritika,
Good decision! Offline coaching is far better than online coaching because it allows you to focus on your studies more effectively.

You mentioned that you need to crack the exam, so here are some tips on how to do that:

First, identify which subjects and chapters you find challenging and make a list. Discuss these areas with your coaching faculty. Aim to ask at least 10 questions daily to clarify your doubts and enhance your understanding.

Alternatively, you can prepare 10 questions on your own and seek answers from your coaching faculty. If you maintain this practice throughout the course, you will build your confidence.

Additionally, if you are not practicing yoga and meditation, I recommend starting. These activities can help you concentrate better and reduce distractions while studying.

Best of luck!

POOCHO. LIFE CHANGE KARO.

...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.

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