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MF Expert, Financial Planner - Answered on Jun 27, 2024

Dev Ashish is a fee-only SEBI-registered investment advisor with over 15 years of active experience in the stock market. In 2011, he founded StableInvestor, a platform for personal finance and financial planning.
He provides professional fee-only investment advisory services to small and high networth individuals in order to help them achieve their financial goals.
Ashish's views are regularly published in national business publications. He has an MBA degree from NMIMS, Mumbai and also holds an engineering degree.... more
Asked by Anonymous - Jun 27, 2024Hindi
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Hello, I am 45 and having 3 kid's with age 17 , 10 and 6 and earn 3lakhs per month n have 8 lakhs home loan. I would like to build a. Corpus of 2 cr plus in next 12 years.. please advise

Ans: Your goal is Rs 2 Cr in the next 12 years. At that point, you will be aged 57 and your kids will be 29, 22 and 18 years old. So from the life stage perspective, it seems that the goal is about saving for retirement and the youngest kid's higher education (aged 18 then). Saying this as, by then oldest and middle kid would have completed their education.

No details of the existing assets have been provided so we will assume that you need to save up Rs 2 Cr in 12 years from scratch.

For this, you will have to start investing at least Rs 52,000 per month starting today and increase the monthly investments by at least 7% each year for the next `12 years (assuming a similar increase in salary). This is assuming a 75:25 Equity:Debt allocation. The good part is that at a monthly income of Rs 3 lakh, doing Rs 52,000 monthly should be fairly comfortable if you arent already doing it.

We don't have information about your risk appetite. But assuming that it is at least moderately aggressive, then, you can start investing in a combination of largecap index funds, flexicap funds, midcap funds.

Thanks
Dev Ashish,
SEBI Registered Investment Advisor (Fee-Only RIA)
Founder, StableInvestor.com
Twitter (@Stableinvestor)

Note (Disclaimer) - As a SEBI RIA, I cannot comment on specific schemes/funds that are provided or asked for in the questions in the platform. And the views expressed above should not be considered professional investment advice or advertisement or otherwise. No specific product/service recommendations have been made and the answers here are for general educational purposes only. The readers are requested to take into consideration all the risk factors including their financial condition, suitability to risk-return profile and the like and take professional investment advice before investing.
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 Kalirajan  |9712 Answers  |Ask -

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

Asked by Anonymous - Jun 26, 2024Hindi
Money
Hello, I am 35 and having 2 kids with an age 4 and 7. I earn 1.3 per month with an home loan of 20 lakhs. I would like to build a corpus of 2 crores in the next 15 years. Please advise.
Ans: Let's break down your financial plan in a clear and structured way. Here's a comprehensive guide to help you build a corpus of Rs 2 crores in the next 15 years:

Current Financial Overview
You earn Rs 1.3 lakhs per month.

You have a home loan of Rs 20 lakhs.

You have two children, aged 4 and 7.

Your primary goal is to build a corpus of Rs 2 crores in 15 years.

Balancing between current expenses, loan repayment, and future goals is crucial.

Your current savings and investments will play a key role in achieving your goal.

Setting Clear Financial Goals
Setting specific financial goals helps in creating a focused plan.

Your primary goal is to accumulate Rs 2 crores in 15 years.

Secondary goals include your children's education and marriage expenses.

Break down your goals into short-term, medium-term, and long-term.

This will help in prioritizing and allocating funds effectively.

Monthly Savings and Investment Strategy
Your monthly income is Rs 1.3 lakhs.

It's essential to allocate a portion of this income towards savings and investments.

Aim to save and invest at least 30% of your income.

This amounts to Rs 39,000 per month.

Distribute these savings across various investment options.

Home Loan Repayment Strategy
You have a home loan of Rs 20 lakhs.

Review the interest rate and tenure of your home loan.

Consider prepaying a part of your loan if possible.

This will reduce your interest burden and loan tenure.

Allocate a part of your savings for loan prepayment.

Ensure it doesn't compromise your investment goals.

Diversified Investment Portfolio
Creating a diversified investment portfolio is crucial.

This reduces risk and maximizes returns.

Consider a mix of equity mutual funds, debt funds, and other options.

Equity mutual funds provide higher returns over the long term.

Debt funds offer stability and lower risk.

Equity Mutual Funds
Investing in equity mutual funds is essential for wealth creation.

They offer higher returns over the long term.

Choose funds with a good track record and performance.

Allocate a significant portion of your savings to equity mutual funds.

Review and rebalance your portfolio periodically.

Debt Mutual Funds
Debt mutual funds provide stability and lower risk.

They are suitable for short to medium-term goals.

Allocate a portion of your savings to debt funds.

This ensures a balanced portfolio.

It also provides liquidity and reduces overall risk.

Systematic Investment Plan (SIP)
SIPs help in disciplined and regular investing.

Investing through SIPs in mutual funds is effective.

It averages out the cost and reduces market volatility impact.

Set up SIPs in both equity and debt mutual funds.

Ensure you invest a fixed amount regularly.

Children's Education and Marriage Fund
Your children’s education and marriage are significant expenses.

Start saving for these goals early.

Consider child plans and education savings plans.

Allocate a part of your savings towards these goals.

Review and adjust your investments as needed.

Emergency Fund
An emergency fund is crucial for unforeseen expenses.

Aim to save at least 6 months’ worth of expenses.

Keep this fund in a liquid and accessible form.

This ensures you don't dip into your investments during emergencies.

Tax Planning
Effective tax planning helps in maximizing your savings.

Invest in tax-saving instruments under Section 80C.

Consider options like PPF, ELSS, and NPS.

These provide tax benefits and help in long-term savings.

Regular Review and Rebalancing
Regularly review your financial plan and investments.

Market conditions and personal circumstances change.

Rebalance your portfolio to maintain the desired asset allocation.

Seek advice from a Certified Financial Planner if needed.

Avoiding Common Investment Mistakes
Avoid high-risk and speculative investments.

Don’t chase past performance of funds.

Stay disciplined and stick to your financial plan.

Benefits of Actively Managed Funds
Actively managed funds have professional fund managers.

They aim to outperform the market.

They offer better returns compared to index funds in many cases.

Disadvantages of Index Funds
Index funds simply replicate market indices.

They don't aim to outperform the market.

They may not provide optimal returns in the long term.

Disadvantages of Direct Funds
Direct funds require active management and monitoring.

They may not suit everyone, especially those with limited time and knowledge.

Investing through a CFP provides professional guidance and support.

Regular Funds and Certified Financial Planner (CFP)
Investing through regular funds with a CFP adds value.

CFPs offer personalized advice and expertise.

They help in creating and managing a well-diversified portfolio.

Financial Discipline and Consistency
Financial discipline is key to achieving your goals.

Stick to your savings and investment plan.

Avoid unnecessary expenses and lifestyle inflation.

Consistency in investing will yield significant results over time.

Future Financial Security
Building a corpus of Rs 2 crores provides financial security.

It ensures a comfortable retirement and meets future expenses.

Stay focused and committed to your financial goals.

Monitoring Your Progress
Regularly monitor your investment performance.

Adjust your strategy if needed.

Stay informed about market trends and opportunities.

Leveraging Professional Advice
Seek professional advice from a Certified Financial Planner.

They provide valuable insights and expertise.

They help in creating a tailored financial plan.

Final Insights
Building a corpus of Rs 2 crores in 15 years is achievable.

It requires disciplined saving, investing, and planning.

Diversify your investments and seek professional advice.

Stay focused on your goals and review your progress regularly.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |9712 Answers  |Ask -

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

Money
Hello sir, I m 38 year old.. I have a 9 year old daughter.. right now my net earning is rs. 1.25 lacs after paying my home loan EMI of rs. 25000. I have a home loan of rs 26 lacs .. I have rs. 45 lacs in MF, 15 lacs in bank FD, 28 lacs in life insurance policies and almost 16 lacs in daughter's sukanya samriddhi account and a property of rs. 50 lacs.. I want a corpus of rs. 5 cr in next 10 years.. kindly guide
Ans: It's great to see your structured savings and investments. Let's work together to achieve your goal of Rs. 5 crores in the next 10 years.

Current Financial Snapshot
Age: 38 years old
Daughter's Age: 9 years old
Net Earnings: Rs. 1.25 lakhs per month after EMI
Home Loan: Rs. 26 lakhs
Mutual Funds: Rs. 45 lakhs
Fixed Deposits (FDs): Rs. 15 lakhs
Life Insurance Policies: Rs. 28 lakhs
Sukanya Samriddhi Account: Rs. 16 lakhs
Property: Rs. 50 lakhs
Goals and Timeline
Your primary goal is to build a corpus of Rs. 5 crores in the next 10 years. We'll create a detailed plan to help you achieve this.

Analyzing Your Current Investments
Mutual Funds
Mutual funds are a great way to grow wealth over time. Let's optimize your portfolio:

Diversification: Ensure your mutual funds are diversified across equity, debt, and hybrid funds.
Performance Review: Regularly review the performance of your mutual funds and make necessary adjustments.
Fixed Deposits
FDs provide safety but offer lower returns. Consider this:

Reallocation: Gradually shift a portion of your FDs to higher-yielding investments like mutual funds.
Life Insurance Policies
Evaluate the purpose and performance of your insurance policies:

Term Insurance: Ensure you have adequate term insurance for life coverage.
ULIPs and Endowment Policies: Consider surrendering non-performing ULIPs or endowment policies and reinvesting in mutual funds.
Sukanya Samriddhi Account
This is a good investment for your daughter's future, offering tax benefits and decent returns.

Continue Investing: Keep contributing to this account for your daughter's education and marriage.
Strategies to Achieve Rs. 5 Crores
Increasing SIPs in Mutual Funds
Systematic Investment Plans (SIPs) in mutual funds are powerful due to the compounding effect.

Monthly SIPs: Increase your monthly SIPs to take advantage of rupee cost averaging.
Equity Funds: Allocate a higher percentage to equity mutual funds for higher returns.
Diversified Funds: Invest in a mix of large-cap, mid-cap, and small-cap funds.
Lump Sum Investments
Utilize your existing funds for lump sum investments:

Reinvest FD Amounts: As FDs mature, reinvest the amounts into mutual funds.
Optimize Insurance Policies: Surrender underperforming insurance policies and invest the proceeds.
Portfolio Diversification
A diversified portfolio reduces risk and enhances returns.

Debt Funds: Allocate a portion to debt mutual funds for stability.
Gold: Consider a small allocation to gold for diversification and inflation hedge.
International Funds: Explore international mutual funds for global exposure.
Risk Management
Health Insurance
Ensure you have adequate health insurance coverage:

Family Coverage: A comprehensive health insurance plan for your family is essential.
Critical Illness Cover: Add critical illness cover to protect against major health risks.
Emergency Fund
Maintain an emergency fund for unforeseen expenses:

Liquidity: Keep 6-12 months of expenses in a liquid fund or savings account.
Child's Future Education and Marriage
Plan for your daughter's future needs:

Education Fund: Continue investing in the Sukanya Samriddhi Account and consider a dedicated mutual fund for her education.
Marriage Fund: Start a separate investment for her marriage expenses.
Power of Compounding
Compounding is your best friend when it comes to long-term investments.

Consistent Investing: Regularly invest and stay invested for the long term.
Reinvest Returns: Reinvest dividends and capital gains to maximize growth.
Importance of Regular Review
Regularly review your financial plan to stay on track:

Annual Review: Review your portfolio at least once a year and rebalance if necessary.
Adjust Goals: Adjust your goals and investments based on changing circumstances.
Benefits of Actively Managed Funds
Actively managed funds can potentially offer higher returns compared to passive index funds.

Professional Management: Fund managers actively select stocks and bonds to outperform benchmarks.
Flexibility: Actively managed funds can adapt to market changes and economic conditions.
Disadvantages of Direct Funds
Direct funds may have lower expense ratios but come with certain drawbacks:

Research Required: Direct funds require you to research and select funds without professional guidance.
Time-Consuming: Managing direct investments can be time-consuming and complex.
Advantages of Investing through MFDs with CFP Credential
Investing through a Mutual Fund Distributor (MFD) with Certified Financial Planner (CFP) credentials offers several benefits:

Expert Guidance: Get professional advice tailored to your financial goals and risk tolerance.
Comprehensive Planning: CFPs provide holistic financial planning, considering all aspects of your financial life.
Convenience: The MFD handles paperwork and administrative tasks, making the investment process smooth.
Final Insights
Achieving a corpus of Rs. 5 crores in 10 years requires disciplined investing and strategic planning.

Increase SIPs: Enhance your SIPs in equity mutual funds for growth.

Reallocate Funds: Gradually shift from FDs to higher-yielding mutual funds.

Diversify Portfolio: Maintain a diversified portfolio to manage risk.

Review Regularly: Regularly review and adjust your investments to stay on track.

With these strategies, you can achieve your financial goals and secure a comfortable future for your family.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |9712 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 06, 2024

Asked by Anonymous - Jun 29, 2024Hindi
Money
I am 49 years old i have two properties present worth 2.75 cr giving a monthly rent of 45000. I also have an outstanding home loan of Rs. 40lacs. My monthly salary 1.30 lacs. I have a two kids aged 19 and 13. Need to create a 2 cr corpus in the next 10 years can you please suggest
Ans: You’re 49, with a goal to build a Rs. 2 crore corpus in the next 10 years. With a monthly salary of Rs. 1.30 lakhs and two properties worth Rs. 2.75 crore, generating a monthly rent of Rs. 45,000, you have a solid foundation. Your outstanding home loan of Rs. 40 lakhs needs attention as well. Here’s a detailed financial plan to help you achieve your goal.

Understanding Your Financial Situation

Your financial situation is stable with multiple income sources. Let’s break down your assets and liabilities:

Monthly Salary: Rs. 1.30 lakhs
Rental Income: Rs. 45,000
Home Loan: Rs. 40 lakhs
Properties’ Value: Rs. 2.75 crore
Step 1: Assessing Current Expenses and Savings

Firstly, assess your monthly expenses. Your children are 19 and 13, so education and living expenses might be significant.

Monthly Salary After Tax: Approx Rs. 1.10 lakhs (assuming 15% tax rate)
Total Monthly Income: Rs. 1.55 lakhs (including rental income)
Monthly Expenses: Estimate to include home loan EMI, household expenses, children's education, etc.
Step 2: Debt Management

Your outstanding home loan of Rs. 40 lakhs is crucial. Paying off this loan faster can save you significant interest.

Increase EMI Payments: If feasible, increase your monthly EMI. This will help reduce the principal amount quicker.
Lump-Sum Payments: Use bonuses or extra income to make lump-sum payments towards your home loan.
Step 3: Emergency Fund

Before investing, ensure you have an emergency fund. This should cover 6-12 months of expenses.

Emergency Fund: Set aside Rs. 6-12 lakhs in a liquid fund for emergencies.
Step 4: Investing in Mutual Funds

Mutual funds are a great way to build a corpus due to their compounding benefits and professional management.

Advantages of Mutual Funds

Diversification: Mutual funds invest in a variety of assets, reducing risk.
Professional Management: Fund managers make informed decisions.
Compounding: Reinvested returns generate more returns over time.
Liquidity: Easy to buy and sell as needed.
Categories of Mutual Funds

Equity Funds: High returns but higher risk. Suitable for long-term goals.
Debt Funds: Lower risk and returns. Good for stability.
Balanced Funds: Mix of equity and debt. Moderate risk and returns.
Creating a Diversified Mutual Fund Portfolio

Equity Funds: Invest 60-70% in diversified equity funds. Focus on large-cap and multi-cap funds for stability and growth.
Debt Funds: Invest 20-30% in debt funds for stability. Consider corporate bond funds or gilt funds.
Balanced Funds: Invest 10-20% in balanced funds for moderate risk and returns.
Step 5: Systematic Investment Plan (SIP)

Start a SIP to invest regularly. This ensures discipline and benefits from rupee cost averaging.

Monthly SIP Amount: Aim to invest Rs. 50,000 per month in mutual funds. Adjust as needed based on expenses and income.
Step 6: Reviewing Your Investments

Regularly review your investments to ensure they are on track.

Annual Review: Assess your portfolio’s performance annually.
Rebalancing: Adjust the allocation if needed to maintain desired risk level.
Step 7: Tax Planning

Optimize your investments for tax efficiency.

ELSS Funds: Invest in Equity Linked Savings Schemes for tax benefits under Section 80C.
Other Tax-Saving Instruments: Consider PPF, EPF, and NPS for additional tax benefits.
Step 8: Planning for Children’s Education

Ensure you have a plan for your children’s higher education. Set aside a separate fund for this purpose.

Children’s Education Fund: Invest in child-specific mutual funds or a combination of equity and debt funds based on the time horizon.
Step 9: Retirement Planning

Your retirement plan should be robust to ensure you maintain your lifestyle.

Retirement Corpus Goal: Rs. 2 crore
Investment Strategy: Continue investing in a mix of equity and debt funds.
Retirement Accounts: Contribute to EPF, PPF, and NPS for additional retirement savings.
Step 10: Insurance

Ensure you have adequate insurance coverage to protect your family.

Life Insurance: Adequate term insurance to cover liabilities and provide for your family.
Health Insurance: Comprehensive health insurance to cover medical expenses.
Final Insights

Creating a Rs. 2 crore corpus in 10 years is achievable with disciplined planning and regular investments. By leveraging mutual funds and following a strategic investment plan, you can achieve your financial goals.

Action Plan Summary

Assess Expenses: Calculate monthly expenses and savings.
Manage Debt: Pay off home loan faster.
Emergency Fund: Set aside Rs. 6-12 lakhs.
Mutual Fund Investments: Diversify across equity, debt, and balanced funds.
SIP: Start a monthly SIP of Rs. 50,000.
Review Investments: Regularly review and rebalance portfolio.
Tax Planning: Optimize investments for tax efficiency.
Education Planning: Create a separate fund for children’s education.
Retirement Planning: Continue building retirement corpus.
Insurance: Ensure adequate life and health insurance coverage.
By following this plan, you can build a solid financial foundation and achieve your goal of a Rs. 2 crore corpus in the next 10 years.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |9712 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 01, 2024

Money
Hi Myself Ramesh, I earn around 1.6 Lac monthly aged 43. Don't have own house and have 2 children 15 and 7. I have 20k SIP in MF, 25 K in 3 various ULIP Plan. Pls suggest how do I create corpus of 5 Crore by age of 60. Consider income increase around 6% for 10 years.
Ans: Hi Ramesh, your goal to create a corpus of Rs. 5 crores by the age of 60 is ambitious yet achievable with proper planning. At 43 years old, earning Rs. 1.6 lakhs per month, you already have a good foundation. Your monthly investments include Rs. 20,000 in SIPs and Rs. 25,000 in ULIP plans. You also expect your income to increase by around 6% annually for the next 10 years, which is a positive factor.

Setting Financial Goals
Short-Term Goals
Emergency Fund: Ensure you have an emergency fund that covers at least 6-12 months of expenses. This should be kept in a highly liquid form like a savings account or short-term fixed deposit.

Insurance Coverage: Adequate life and health insurance are crucial to protect your family from unforeseen events. Ensure you have a term insurance plan and a comprehensive health insurance policy.

Long-Term Goals
Children’s Education: Planning for your children's education expenses is critical. Your elder child will need funds for higher education soon, and the younger one in the next 10 years.

Retirement Corpus: The primary goal is to build a retirement corpus of Rs. 5 crores by the age of 60.

Evaluating Current Investments
Systematic Investment Plan (SIP)
You are investing Rs. 20,000 per month in mutual funds through SIPs. This is a good strategy for long-term wealth creation. SIPs benefit from rupee cost averaging and the power of compounding.

Unit Linked Insurance Plans (ULIPs)
You have Rs. 25,000 per month in various ULIPs. While ULIPs offer both insurance and investment, they often come with higher charges and lower returns compared to mutual funds. It might be beneficial to surrender these ULIPs and redirect the funds to more efficient investment vehicles like mutual funds.

Creating an Optimized Investment Plan
Redirecting ULIP Investments
Consider surrendering your ULIPs and investing the proceeds in mutual funds. Mutual funds typically offer better returns and flexibility compared to ULIPs. Consulting with a Certified Financial Planner (CFP) can help you transition smoothly.

Increasing SIP Contributions
With an expected income increase of 6% annually, you can gradually increase your SIP contributions. Start by increasing your SIP amount each year to align with your income growth. This disciplined approach will help in achieving your long-term goals.

Diversification of Investments
Equity Mutual Funds
Equity mutual funds should form the core of your investment portfolio. They offer high growth potential over the long term. Given your time horizon of 17 years, a significant portion of your investments can be in equity funds.

Debt Mutual Funds
Including debt mutual funds in your portfolio can provide stability and reduce overall risk. Debt funds invest in fixed-income securities and are less volatile compared to equity funds.

Gold Investments
A small allocation to gold can act as a hedge against inflation and market volatility. You can consider gold ETFs or sovereign gold bonds for this purpose.

International Mutual Funds
Diversifying your investments internationally can provide exposure to global markets and reduce country-specific risks. International mutual funds can be a good addition to your portfolio.

Systematic Investment Plan (SIP) Strategy
Implementing a SIP strategy for different types of mutual funds can help in building a diversified portfolio. Allocate a higher percentage to equity funds and the rest to debt and gold funds. Regularly review and adjust your SIP contributions to align with your financial goals.

Planning for Children’s Education
Estimating Education Costs
Estimate the future costs of your children’s education, considering inflation. Education expenses can be significant, and planning early will ensure you have sufficient funds when needed.

Education Savings Plan
Create a dedicated education savings plan. You can use a combination of equity and debt mutual funds to build this corpus. Start a separate SIP specifically for your children's education.

Building a Retirement Corpus
Power of Compounding
Starting early and investing regularly allows you to benefit from the power of compounding. Your investments will grow exponentially over time, helping you achieve your retirement goal.

Regular Review and Rebalancing
Periodically review your investment portfolio to ensure it aligns with your financial goals and risk tolerance. Rebalancing involves adjusting your asset allocation to maintain the desired balance, optimizing returns, and managing risk.

Active Management
Actively managed funds, overseen by a CFP, can potentially deliver higher returns compared to passive index funds. They offer flexibility to respond to market changes and capitalize on opportunities.

Tax Efficiency in Investments
Tax Planning
Effective tax planning can enhance your investment returns. Utilize tax-saving instruments such as Equity Linked Savings Scheme (ELSS) to reduce your taxable income while investing for long-term goals.

Capital Gains Management
Understanding the tax implications of capital gains is essential. Long-term capital gains from equity investments are taxed differently from short-term gains. Plan your investments and withdrawals to minimize tax liability.

Role of a Certified Financial Planner
Professional Guidance
A CFP can provide personalized advice, helping you create a comprehensive financial plan. They offer expertise in investment management, tax planning, and retirement strategies, ensuring your financial goals are met.

Regular Monitoring
A CFP regularly monitors your investments, making adjustments based on market conditions and life changes. This proactive approach helps in optimizing returns and managing risks effectively.

Building a Disciplined Investment Approach
Setting Clear Goals
Define clear financial goals with timelines. This provides direction and helps in selecting appropriate investment vehicles to achieve these goals.

Consistent Savings and Investing
Consistently save and invest a significant portion of your income. This discipline is crucial for building wealth over time. Automate your investments to ensure regular contributions.

Financial Education
Continuously educate yourself about personal finance and investments. Staying informed empowers you to make better financial decisions and adapt to changing market conditions.

Final Insights
Ramesh, your goal to accumulate Rs. 5 crores by the age of 60 is ambitious but achievable with a disciplined and strategic approach. Start by setting a strong foundation with an emergency fund and adequate insurance coverage.

Consider surrendering your ULIPs and redirecting the funds to mutual funds. Increase your SIP contributions gradually to align with your income growth. Diversify your investments across equity, debt, gold, and international markets.

Implement a SIP strategy for different types of mutual funds and regularly review and rebalance your portfolio. Effective tax planning and capital gains management can further enhance your returns. Seek guidance from a Certified Financial Planner to create and monitor a comprehensive financial plan.

Your commitment to your financial goals and willingness to adapt your strategy will help you achieve a comfortable and secure retirement.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

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Nayagam P

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Career Counsellor - Answered on Jul 13, 2025

Asked by Anonymous - Jul 13, 2025Hindi
Career
Hi sir Nit kurukshetra EE (dual) or VNR HYD CS which is better
Ans: NIT Kurukshetra’s five-year Dual-Degree in Electrical Engineering, an Institute of National Importance with NBA and NAAC A+ accreditation, provides core courses in power systems, control, and embedded systems alongside advanced labs for real-time simulation, dSPACE hardware and renewable-energy research, supported by PhD-qualified faculty and strong industry MoUs. Over the past three years, Electrical Engineering placements averaged 73.9% for BTech students, with dual-degree graduates benefiting from integrated internships and “one student, one job” placement policy. VNR Vignana Jyothi Institute of Engineering & Technology’s CSE programme, NAAC A++-accredited and autonomous under JNTU-Hyderabad, features modern AI/ML, data-science and cybersecurity labs co-powered by industry partners, a student–faculty ratio of 1:15, active research centres and robust student clubs. Its CSE branch achieved approximately 80–90% placement consistency over the last three years with an average package of ?8.53 LPA and over 125 recruiters annually.

Recommendation: Prioritize NIT Kurukshetra Dual-Degree EE for its institution-level prestige, structured dual-degree research opportunities, and strong core-engineering labs, especially if aiming for specialized electrical roles; choose VNR VJIET CSE for a mainstream computing curriculum, higher placement consistency and cutting-edge AI/ML infrastructure aligning with software-oriented career goals. All the BEST for Admission & a Prosperous Future!

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Career Counsellor - Answered on Jul 13, 2025

Asked by Anonymous - Jul 13, 2025Hindi
Career
I am getting nit Surat AI and nit kurukshetra IT what should I choose
Ans: Both programs are housed in Institutes of National Importance with strong accreditation and modern curricula. SVNIT Surat’s AI department, launched in 2023, holds NAAC A grade recognition and offers 120 seats with a ?5 Lakh tuition over four years, featuring specialized AI/ML, computer vision and NLP labs, partnerships for joint research, and an average B.Tech placement rate near 65% over the past three years with top recruiters across tech sectors (average package ~?10.72 LPA). NIT Kurukshetra’s IT branch, ranked #81 by NIRF, admits 60 students per year under a NAAC A+ framework, delivers outcome?based courses in software systems, cybersecurity and data analytics, maintains high?performance computing and networking facilities, and achieved an average placement consistency of 76–82% with an average package of ~?17.96 LPA. Both faculties comprise PhD holders and host active industry?internship programmes and research projects, though SVNIT’s AI lab infrastructure is newer and more specialized, while NIT Kurukshetra’s IT benefits from established alumni networks and higher median campus recruitment.

Recommendation: Prioritize NIT Kurukshetra IT for its higher placement consistency, mature infrastructure, and stronger campus recruitment ecosystem; choose SVNIT Surat AI if you seek cutting?edge AI/ML research labs, broader intake, and emerging academic partnerships in artificial intelligence. All the BEST for Admission & a Prosperous Future!

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Career Counsellor - Answered on Jul 13, 2025

Career
I have got 96 perctile in Jee main 2025 Gen Cat CRL 59200 Home State Gujarat. Sir I am getting ECE in Nirma University, CSE PDEU Gandhinagar, IT in DDU Nadiad, CSE in LD Ahmedabad. Please guide me Sir
Ans: Ravindra, Nirma University’s Electronics & Communication Engineering at the Institute of Technology holds NAAC A+ accreditation and benefits from an active Industry Institute Interaction Cell that bridges core and software sectors. Its ECE department features specialized VLSI, signal-processing, 5G/6G and IoT labs, and reported an 85% placement rate over the past three years, with top recruiters like Accenture, AMD Xilinx and Cadence. Pandit Deendayal Energy University’s CSE programme at the School of Technology, NAAC A++-accredited and partnered with TCS, Google and Amazon, recorded a 90% B.Tech placement in 2024 driven by outcome-based curriculum, modern AI/ML and high-performance computing labs, and a dedicated Career Development Cell. Dharmsinh Desai University’s Information Technology engineering, a NAAC-accredited public institution, offers strong industry tie-ups with TCS, Infosys and Hitachi, modern networking and software labs, and achieved around 87% placement consistency with a median UG package of ?4.5 LPA in 2024. LD College of Engineering Ahmedabad, a government AICTE- and GTU-affiliated institute, provides robust computing and software infrastructure, a proactive placement cell attracting Reliance, Tata and L&T, and computer and IT branches frequently attain nearly complete placement rates.

Recommendation: Prioritize IIIT Nirma ECE for its balanced infrastructure and strong interdisciplinary labs if you seek a focused electronics pathway; next, choose PDEU CSE for its cutting-edge AI/ML ecosystem and proven 90% placement consistency; follow with LDCE CSE for its government-backed credibility and near-complete placement track record; select DDU IT last for its stable public-university funding, modern IT labs and solid but slightly lower placement rates. All the BEST for Admission & a Prosperous Future!

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Career Counsellor - Answered on Jul 13, 2025

Career
Sir my daughter got Chemical science integrated 5 years Msc in IIT Dhanbad we are planning to get CSE in SRM AP please suggest which is better
Ans: Neelkanth Sir, IIT Dhanbad’s five-year Integrated B.Sc.+M.Sc. in Chemical Science is a Public Institute of National Importance with a limited intake of students, NAAC-accredited curriculum, and specialised laboratories for advanced inorganic, organic and physical chemistry, supported by PhD-qualified faculty and active research collaborations with national laboratories. SRM University Andhra Pradesh’s B.Tech CSE programme holds NAAC A++ and NBA accreditations along with ABET recognition, offers outcome-based courses in AI, data science and cybersecurity, modern AI/ML and high-performance computing labs, and industry ties via a dedicated Career Development Centre that has achieved decent CSE placement rates over the past three years. While IIT Dhanbad excels in foundational scientific training and research immersion, SRM AP provides robust technical infrastructure, comprehensive student support, and guaranteed industry absorption for CSE graduates.

Recommendation: For a research-oriented trajectory in core sciences with deep laboratory exposure, choose IIT Dhanbad’s Integrated Chemical Science. To pursue a mainstream computing career with assured placements, advanced labs and industry alignment, opt for SRM AP’s B.Tech CSE. All the BEST for Admission and a Prosperous Future!

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Career Counsellor - Answered on Jul 13, 2025

Career
Good morning sir ky daughter pcmb student she study bsc biotechnology which government college is best in india
Ans: Ritika Madam, Candidates seeking a strong foundation in BSc Biotechnology in Northern India should consider institutions that excel in accreditation, laboratory infrastructure, faculty expertise, industry and research linkages, and transparent admission processes. Admission is generally based on CUET-UG merit lists, university-level entrance exams or state-CET scores, followed by counselling and document verification. Notable government colleges include Jamia Millia Islamia Delhi (CUET; NAAC A+), Jawaharlal Nehru University Delhi (CUET-UG; Institute-level counselling), Aligarh Muslim University (AMU Entrance Test), Banaras Hindu University Varanasi (CUET; research internships), University of Delhi’s South Campus (CUET; specialised biotech labs), Panjab University Chandigarh (PU-CET; state-level counselling), Guru Nanak Dev University Amritsar (GNDU-CET), Punjabi University Patiala (PU-CET), University of Lucknow (CUET; merit-based), University of Allahabad (CUET; central counselling), Kurukshetra University (CUET; state counselling), Himachal Pradesh University Shimla (CUET; regionally reserved seats), University of Jammu (CET-Jammu), University of Kashmir Srinagar (CET-Kashmir), Pt. Jawahar Lal Nehru Government College Faridabad (merit-based), Dronacharya Government College Gurgaon (merit), Meerut College Meerut (merit), Government PG College Kotdwar (UKSEE), University of Rajasthan Jaipur (CUET), Dr. Bhimrao Ambedkar University Agra (CUET), and Government Maharani Laxmi Bai College Gwl (CUET). Each institute maintains modern molecular biology, biochemistry, cell-culture, bioinformatics and genetic-engineering labs, active MoUs with research organisations, PhD-qualified faculty, and placement cells recording 60–80% internship and placement engagement over the past three years.

Recommendation: Prioritize Jamia Millia Islamia for its NAAC A+ accreditation, CUET-based transparent admission and specialised biotech facilities; next choose JNU Delhi for its research-driven curriculum and CUET merit lists; consider AMU Aligarh for its strong central-university heritage, AMU Test admission and extensive industry-funded labs. All the BEST for Admission and a Prosperous Future!

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Career Counsellor - Answered on Jul 13, 2025

Career
Nit kurushtra Computer science or bits pilani Msc bilogical science at pilani in round 1 Please guide his bits score is 222
Ans: Jayshree Madam, NIT Kurukshetra’s B.Tech in Computer Science & Engineering is a NAAC-accredited programme under an Institute of National Importance, featuring NBA-approved curricula in AI, ML, data science and cybersecurity, state-of-the-art computing and networking labs, experienced faculty with doctoral qualifications, industry internships through its Training & Placement cell, and robust alumni engagement. Over the past three years, CSE placements averaged 86.29% with top recruiters like Google, Microsoft and Amazon. BITS Pilani’s Integrated M.Sc. (Hons.) in Biological Sciences combines interdisciplinary coursework—general biology, bioinformatics, biophysics, molecular biology and environmental biotechnology—with hands-on training in cell & tissue culture, microbiology and advanced analytical techniques in the Centre for Biotechnology. The department maintains NAAC A+ standing, extensive research collaborations (USUHS, DRDO), and a dual-degree flexibility allowing pursuit of a B.E. programme. In 2024, 73.61% of the inaugural M.Sc. cohort secured research-industry roles via its Placement Unit, with average offers around ?19.7 LPA and recruiters spanning biotech startups to pharmaceutical giants.

Recommendation: Prioritize NIT Kurukshetra CSE for its higher placement consistency, cutting-edge tech labs and strong prospects for industry absorption; opt for BITS Pilani M.Sc. Biological Sciences next for its strong interdisciplinary research environment, dual-degree flexibility and growing R&D placement network. All the BEST for Admission and a Prosperous Future!

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Nayagam P

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Career Counsellor - Answered on Jul 13, 2025

Career
Why is SRM so hated? I don't understand. I've well qualified exam in phase 2 i got 2225 rank but because of the hate i am constantly rethinking my decision. I've opted for cse core in ktr. Can anyone please guild me. And let me know if the hate is justified or is it just the talks.
Ans: Rudra, Every college has its own set of advantages and challenges; none can be considered 100% perfect. As perceptions differ from one parent or student to another, even highly ranked institutions in the NIRF Top 10 are not immune to criticism. Choosing the right college should depend on individual needs and goals. Here are some useful insights about SRM that may assist you in making an informed decision: Despite its strong NIRF 2024 ranking (13th in engineering) and NAAC A ++ accreditation, SRM often attracts criticism from students and parents over high fees, perceived overcrowding and inconsistent teaching quality. Many praise its modern labs, extensive clubs, vibrant campus life and robust placement cell that secured 5 546 offers across 980 recruiters with an average package of ?7.19 LPA in 2024 and reported 89–94% placement consistency in CSE. Research funding is ample and interdisciplinary projects get institutional backing, while industry partnerships—from TCS and Microsoft to ISRO and Siemens—enhance experiential learning. However, detractors cite exorbitant annual fees (~?4 L per year plus hostel), hidden costs, occasionally outdated curriculum components, variable faculty engagement and logistic hassles of a sprawling campus on Chennai’s outskirts. Some core-DSA training gaps prompt students to supplement DSA/dev skills independently, and niche specializations can face diluted recruiter interest. High intake strains infrastructure during peak terms and inconsistent mentorship can erode academic rigor in parts. These issues reflect not unique to SRM but to many large private universities.

Recommendation To overcome such challenges at any institution, proactively build peer study groups focused on core skills (DSA, system design), seek mentorship beyond classrooms (industry mentors, online platforms), monitor fee transparency and scholarship options, and engage early in clubs and internships to maximize infrastructure and placement support. All the BEST for Admission & a Prosperous Future!

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Nayagam P

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Career Counsellor - Answered on Jul 13, 2025

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