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Nikunj

Nikunj Saraf  |308 Answers  |Ask -

Mutual Funds Expert - Answered on May 22, 2023

Nikunj Saraf has more than five years of experience in financial markets and offers advice about mutual funds. He is vice president at Choice Wealth, a financial institution that offers broking, insurance, loans and government advisory services. Saraf, who is a member of the Institute Of Chartered Accountants of India, has a strong base in financial markets and wealth management.... more
Asked by Anonymous - Apr 29, 2023Hindi
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Hello Sir, i am 45 years old wanted to make a corpus of 2 cr in 10 years . what amount shall i invest per month in sip and which fund , pls suggest

Ans: Hello Value Investor. in order to achieve the corpus of 2 cr in next 10 years, you can start with 85k monthly sip.
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  |8284 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 18, 2024

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Sir Iam31yrs I want to make corpus of 1crore in20years how much money I should invest through sip my monthly income is 60 k per month
Ans: Understanding Your Financial Goal
Age: 31 years
Target Corpus: Rs. 1 crore
Time Horizon: 20 years
Monthly Income: Rs. 60,000
Estimating Monthly SIP Investment
To achieve Rs. 1 crore in 20 years, a disciplined SIP is crucial. Let's estimate your monthly investment assuming an average annual return of 12%.

Monthly SIP Amount: Approx. Rs. 7,500 to Rs. 8,000
Expected Annual Return: 12%
Investment Duration: 20 years
Investment Strategy
Diversified Portfolio
Large-Cap Funds: Stability and steady growth
Mid-Cap Funds: Balanced risk and return
Small-Cap Funds: Higher returns but higher risk
Debt Funds: Stability in market volatility
Active Fund Management
Actively Managed Funds: Potential for higher returns
Fund Manager Expertise: Navigate market fluctuations
SIP Benefits
Power of Compounding
Long-Term Growth: Invested money grows exponentially
Reinvestment of Returns: Accelerates corpus accumulation
Rupee Cost Averaging
Regular Investments: Mitigates market volatility impact
Lower Average Cost: Beneficial in fluctuating markets
Regular Review
Periodic Portfolio Review
Every Six Months: Adjust based on performance
Rebalancing: Maintain desired asset allocation
Emergency Fund
Essential: Three to six months of expenses
Investment: High-interest savings account or liquid fund
Tax Efficiency
Tax-Saving Instruments
ELSS Funds: Tax benefits under Section 80C
Long-Term Capital Gains: Tax-efficient returns
Monitoring Expenses
Budget Management
Track Expenses: Identify savings opportunities
Allocate Wisely: Prioritize investments and essential expenses
Building Financial Discipline
Regular Investments
SIP Commitment: Ensure consistent investments
Financial Discipline: Key to achieving long-term goals
Final Insights
To achieve Rs. 1 crore in 20 years, start a SIP of Rs. 7,500 to Rs. 8,000 per month. Diversify your portfolio across large-cap, mid-cap, small-cap, and debt funds. Regularly review and rebalance your portfolio. Maintain an emergency fund and use tax-efficient instruments.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |8284 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 29, 2024

Asked by Anonymous - Jul 25, 2024Hindi
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I HAVE ANNUAL INCOME OF 9LAKH MY AGE IS 47 I WANT TO CREAT CORPUS OF 4 CRORE IN 8 YEARS WHAT SHOULD I INVEST IN SIP THROUGH Mutual funds only
Ans: You aim to build a Rs. 4 crore corpus in 8 years. Your annual income is Rs. 9 lakhs. This requires strategic planning and disciplined investments in mutual funds.

Systematic Investment Plan (SIP) Strategy
SIP is a disciplined way to invest. It helps in averaging the cost and mitigating market volatility.

Suggested Mutual Fund Categories
Large Cap Funds

These funds invest in large, established companies.
They offer stability and steady returns.
Ideal for risk-averse investors.
Flexi Cap Funds

Flexi Cap funds invest across large, mid, and small caps.
They provide a balanced approach to growth and stability.
Suitable for moderate risk takers.
Mid Cap Funds

Mid Cap funds invest in medium-sized companies.
They offer higher growth potential but come with higher risk.
Good for aggressive investors.
Small Cap Funds

Small Cap funds invest in smaller companies.
They have the highest growth potential but also the highest risk.
Best for very aggressive investors.
Suggested Investment Approach
Diversify Your Investments

Invest in a mix of Large Cap, Flexi Cap, Mid Cap, and Small Cap funds.
This diversification balances risk and return.
Increase SIP Amount Gradually

Start with an affordable SIP amount.
Gradually increase it as your income grows.
This boosts your investment corpus over time.
Avoid Index Funds and Direct Funds
Disadvantages of Index Funds

Index funds are passively managed.
They follow the market index, limiting potential returns.
Lack flexibility to respond to market changes.
Disadvantages of Direct Funds

Direct funds do not offer advisory services.
You miss out on professional guidance and support.
Investing through MFD with CFP credentials provides better advice.
Estimated SIP Amount
To achieve Rs. 4 crore in 8 years, you need a high SIP amount. Considering market returns and inflation, aim for a monthly SIP of around Rs. 1 lakh.

Benefits of Actively Managed Funds
Professional fund managers actively manage these funds.
They aim to outperform the market index.
Higher potential for better returns compared to index funds.
Regular Review and Rebalance
Review your portfolio every six months.
Rebalance it based on performance and market conditions.
This ensures alignment with your financial goals.
Final Insights
Building a Rs. 4 crore corpus in 8 years is ambitious. It requires disciplined SIP investments in a diversified mutual fund portfolio. Focus on actively managed funds through MFD with CFP credentials for better returns and guidance.

Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |8284 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Sep 02, 2024

Asked by Anonymous - Aug 31, 2024Hindi
Money
I want a corpus of 2 crore in next 10 years. How much will be the monthly SIP and pls advise some funds
Ans: You’ve set a goal to accumulate Rs. 2 crore in 10 years. This is ambitious and achievable with disciplined investing. Let's explore how to achieve this.

Estimating the Required Monthly SIP
Target Corpus:
To reach Rs. 2 crore, you need to invest consistently. The amount of monthly SIP depends on expected returns.

Expected Returns:
Assuming a moderate return rate from mutual funds (around 12% per annum), you would need to invest a significant amount every month.

Monthly SIP Calculation:
A Certified Financial Planner would suggest that to achieve Rs. 2 crore, you should consider a monthly SIP of around Rs. 85,000 to Rs. 1 lakh, depending on the exact returns. This might seem high, but it's aligned with your goal.

Importance of Actively Managed Funds
Avoiding Index Funds:
Index funds may not give you the required returns. They follow the market and lack the potential for higher gains. Actively managed funds, on the other hand, are handled by professional fund managers. These managers aim to outperform the market, which could help in reaching your goal faster.

Regular Funds via MFD:
Direct funds might seem cost-effective, but regular funds through a trusted MFD with CFP credentials can provide better long-term results. MFDs offer professional advice, regular reviews, and adjustments to your portfolio. They ensure that your investments stay on track.

Suggested Fund Categories
Large-Cap Funds:
These funds invest in well-established companies. They are stable and offer consistent returns. Allocating a portion to large-cap funds reduces risk while ensuring steady growth.

Mid-Cap Funds:
Mid-cap funds have the potential for higher returns compared to large-cap funds. They invest in companies that are in the growth phase. Including mid-cap funds in your portfolio can enhance your overall returns.

Small-Cap Funds:
Small-cap funds are riskier but offer the possibility of higher returns. These funds invest in smaller companies with high growth potential. A small allocation here can boost your corpus if the companies perform well.

Flexi-Cap Funds:
Flexi-cap funds offer flexibility in investment. They can invest across different market capitalizations based on market conditions. These funds adapt to market changes, which can be beneficial in a volatile market.

Balancing Your Portfolio
Diversification is Key:
Don’t put all your money in one type of fund. A well-diversified portfolio across large-cap, mid-cap, small-cap, and flexi-cap funds will spread risk and optimize returns.

Review Regularly:
Regularly review your portfolio with the help of a Certified Financial Planner. Adjustments might be needed based on market conditions and your financial situation.

Risk Assessment and Management
Understand Your Risk Appetite:
Investing in mutual funds involves risk. It's crucial to understand your risk tolerance. If you're not comfortable with high risk, allocate more towards large-cap and flexi-cap funds.

Stay Invested:
Market fluctuations are normal. Don't panic during market corrections. Staying invested for the long term is key to achieving your financial goals.

Emergency Fund:
Before committing to high SIPs, ensure you have an emergency fund. This fund will cover unexpected expenses and prevent you from dipping into your investments.

Tax Considerations
Tax Efficiency:
Equity mutual funds are tax-efficient. Long-term capital gains (LTCG) up to Rs. 1 lakh per annum are tax-free. Gains above this threshold are taxed at 10%. Plan your investments to maximize tax efficiency.

Section 80C Benefits:
You can also consider tax-saving mutual funds under Section 80C. These funds have a lock-in period of three years but offer tax benefits along with potential returns.

Additional Financial Goals
Retirement Planning:
While working towards your Rs. 2 crore goal, don’t neglect retirement planning. Ensure that you are also contributing towards a retirement corpus. Consider options like PPF, NPS, or dedicated retirement funds.

Insurance Needs:
Ensure you have adequate life and health insurance. These are crucial for financial security. If you hold LIC, ULIP, or other investment cum insurance policies, it might be wise to review them. Surrendering these policies and reinvesting in mutual funds could yield better returns.

Steps to Start Your SIP
Choose a Reputable AMC:
Select a reputed Asset Management Company (AMC) with a good track record.

Consult a Certified Financial Planner:
Seek advice from a Certified Financial Planner to select the best funds suited to your risk profile and financial goals.

Automate Your SIPs:
Set up automatic SIPs to ensure disciplined investing. This reduces the temptation to skip payments and keeps you on track.

Finally
Achieving a Rs. 2 crore corpus in 10 years requires a disciplined approach. With the right selection of actively managed funds and regular monitoring, you can reach your goal. Diversify your investments, stay invested, and consult a Certified Financial Planner to stay on track.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |8284 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Oct 16, 2024

Money
Sir my age is 44. If I have to do SIP of 5000 per month to accumulate some corpus. Where should I invest. Please guide
Ans: At the age of 44, you are entering a crucial period for your financial planning. You may have already achieved some financial milestones, but the focus now should be on building a strong corpus for your future. With around 15 years left before traditional retirement age, there’s still time to accumulate wealth through systematic investments.

You’ve mentioned a monthly SIP (Systematic Investment Plan) of Rs 5,000, which is a great step forward. The discipline and consistency of investing monthly will compound over time and help you build a good corpus for your retirement or other financial goals.

Let’s look at how you can optimize this investment, keeping your age, risk tolerance, and future financial needs in mind. It’s essential to approach this with a well-rounded perspective, considering both growth and protection.

Why Goal Setting Is Critical
Setting clear financial goals is the first step in any investment journey. Your Rs 5,000 monthly SIP can work towards multiple goals depending on your priorities. Whether it's for retirement, children’s education, or any other financial objective, having a defined plan will give direction to your investments.

Here’s what you should do:

Identify your goals: List out the financial goals you want to achieve. For instance, retirement, children’s higher education, or buying an asset.

Determine the timeline: Know when you will need the money. This helps in deciding the kind of investments that suit your time horizon.

Estimate the amount: Know how much corpus you’ll need for each goal. This will help you assess if the Rs 5,000 SIP is sufficient or if it needs adjustment over time.

By aligning your SIP investments with your goals, you will have a clear road map. This will not only help you achieve your targets but also guide you in making the necessary adjustments as you move forward.

Evaluating Risk Tolerance and Time Horizon
At 44, you still have a reasonable time horizon to build a meaningful corpus, especially if you aim to retire by 60 or later. However, the closer you get to retirement, the more cautious you need to be with high-risk investments. The idea is to strike a balance between growth and capital protection.

Here’s how to assess your risk tolerance:

Low Risk: If you are risk-averse, a higher allocation to debt-oriented funds and large-cap equity funds would be suitable. This will protect your capital while offering modest growth.

Moderate Risk: If you are open to some volatility, consider a balanced approach with exposure to mid-cap funds and hybrid funds. This will give you a mix of safety and growth potential.

High Risk: If you are comfortable with market fluctuations and aim for higher returns, you can include small-cap funds or sector-specific funds. This approach is only recommended if you have other stable investments.

While deciding on your risk profile, remember that market volatility is part of investing. Over the long term, equity funds tend to offer superior returns compared to fixed income instruments, but they come with ups and downs. Your time horizon plays a crucial role here—longer periods allow for market corrections, which can benefit equity investors.

Active Funds Over Index Funds
While many investors are drawn to index funds because of their low cost, it’s important to understand the limitations of passive investing, especially in the Indian market. Index funds simply mirror the performance of a market index, like the Nifty or Sensex. However, they don’t offer the flexibility or the potential for outperformance that actively managed funds do.

The key disadvantages of index funds include:

Limited ability to outperform: Since index funds replicate the market, their performance is capped at market returns. If the market performs poorly, so will the fund.

No active management: Index funds don’t benefit from a fund manager’s expertise. An actively managed fund allows a skilled fund manager to choose stocks based on growth potential, thereby having the ability to outperform the market.

Sector biases: Indian indices often have significant sectoral biases. For instance, the financial sector has a considerable weight in most Indian indices. This could overexpose your portfolio to certain sectors without offering flexibility.

Actively managed funds, on the other hand, allow fund managers to make informed decisions based on market conditions. These funds aim to outperform the market by selecting high-potential stocks or sectors and making adjustments as required.

Therefore, I recommend focusing on actively managed funds for your SIP investments. With the expertise of a fund manager, actively managed funds offer better prospects for achieving your financial goals.

Regular Funds vs Direct Funds
Another point to consider is whether to invest through regular funds or direct funds. While direct funds have lower expense ratios, they come with certain disadvantages. Direct funds require you to manage your investments entirely on your own, without professional guidance. For investors who are not financial experts, this can be risky.

Let’s look at the benefits of choosing regular funds:

Professional Advice: Investing through regular funds gives you access to advice from a Certified Financial Planner (CFP). A CFP can help you select the right funds, based on your financial goals, risk tolerance, and market conditions.

Portfolio Management: A CFP will help you monitor and rebalance your portfolio regularly. This ensures that your investment strategy remains aligned with your evolving financial needs.

Holistic Approach: A CFP offers a 360-degree view of your finances, considering not only your SIPs but also your overall investment portfolio, tax planning, and insurance needs.

While direct funds may seem cost-effective, the lack of professional guidance can be a major drawback. The expertise of a CFP can help you navigate market complexities and ensure that your investments remain on track.

Fund Categories for Your SIP
Now, let’s explore the different categories of mutual funds where you can allocate your Rs 5,000 SIP. Diversifying your investment across different types of funds will help manage risk and enhance returns.

1. Large-Cap Funds
These funds invest in well-established companies with strong track records. Large-cap funds are relatively stable and less volatile compared to mid-cap or small-cap funds. They offer moderate returns but are ideal for risk-averse investors who prioritize capital protection.

Why consider large-cap funds? These funds provide stability and are less impacted by market volatility. They should form the core of your portfolio.
2. Flexi-Cap Funds
Flexi-cap funds offer the flexibility to invest across large-cap, mid-cap, and small-cap companies. This gives fund managers the freedom to pick the best opportunities in the market. These funds provide a balance of risk and reward.

Why flexi-cap funds? They offer diversification across different market caps and sectors, which helps in managing risk.
3. Mid-Cap Funds
Mid-cap funds focus on medium-sized companies that have significant growth potential. While they are more volatile than large-cap funds, they offer higher returns over the long term. These funds are suitable for investors with moderate risk tolerance.

Why mid-cap funds? Mid-cap companies often offer better growth opportunities and can outperform large-cap companies in a bullish market.
4. Hybrid Funds
Hybrid funds invest in a mix of equity and debt instruments, which helps balance risk and return. These funds are ideal for investors looking for stability with some exposure to equities.

Why hybrid funds? They provide a cushion during market downturns, as the debt portion of the portfolio offers protection against volatility.
Suggested SIP Allocation
Here’s a suggested allocation for your Rs 5,000 monthly SIP based on the categories discussed above:

Rs 2,000 in Large-Cap Funds: Stable and steady returns, suitable for the core part of your portfolio.

Rs 1,500 in Flexi-Cap Funds: Exposure to multiple market caps, offering a good mix of risk and reward.

Rs 1,000 in Mid-Cap Funds: For higher growth potential and capital appreciation over the long term.

Rs 500 in Hybrid Funds: A balanced approach to mitigate risk while still offering some growth.

This diversified allocation will help manage risk effectively while giving you the opportunity for good long-term returns.

Tax Efficiency
Tax planning is an essential aspect of any investment strategy. Different types of mutual funds are taxed differently, so it’s important to plan your withdrawals to minimize tax liability.

Equity Funds: Long-term capital gains (LTCG) on equity mutual funds are taxed at 12.5% on gains above Rs 1.25 lakh in a financial year. Short-term capital gains (STCG) are taxed at 20%.

Debt Funds: Both LTCG and STCG from debt mutual funds are taxed as per your income tax slab.

By understanding how your mutual funds are taxed, you can plan your withdrawals efficiently to maximize post-tax returns.

The Importance of Reviewing and Monitoring
Simply starting a SIP is not enough. To ensure that your investment strategy stays on track, regular monitoring and review are essential. Market conditions and your personal financial situation can change, so it’s important to adjust your portfolio accordingly.

Review your portfolio at least annually: This helps you identify underperforming funds and make necessary changes.

Rebalance your portfolio: Over time, certain funds may grow faster than others, skewing your asset allocation. Rebalancing ensures that your portfolio remains aligned with your risk profile.

Consult a Certified Financial Planner: A CFP can help you monitor your portfolio and suggest adjustments based on market conditions and your evolving financial goals.

Emergency Fund: The Safety Net
Before you invest aggressively in SIPs, ensure that you have an emergency fund in place. An emergency fund should cover at least 6 to 12 months of your living expenses. This will act as a safety net in case of unexpected financial needs, allowing you to continue your SIPs without disruption.

Where to park your emergency fund? Liquid funds or ultra-short-term debt funds are ideal for emergency savings. They offer higher returns than savings accounts and provide liquidity when needed.
Final Insights
At 44, you are at a pivotal stage in your financial journey. Your decision to start a monthly SIP of Rs 5,000 is commendable, but it’s essential to approach it with a strategic plan. By diversifying across different categories of mutual funds, aligning your SIPs with your financial goals, and seeking professional advice, you can build a solid foundation for your future.

Remember, consistency and discipline are the keys to successful investing. As you move forward, ensure that you review your portfolio regularly, stay informed about market trends, and make adjustments as necessary.

With a well-planned approach, your SIP can help you achieve your financial aspirations and secure a comfortable future for you and your family.

K. Ramalingam, MBA, CFP
Chief Financial Planner,

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

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Latest Questions
Radheshyam

Radheshyam Zanwar  |1561 Answers  |Ask -

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Apr 24, 2025

Career
Sir my daughter is doing Btech EEE at BIT Mesra Patna campus , she is securing 8 CGPA there . She is little bit upset due to poor placement there , what to do
Ans: Hello Alok.
Nothing will happen with an upset mood, and there is no point in blaming the institute at this stage. It is better to search for another path while completing the B.Tech. @ BIT Mesra. Here are a few suggestions for your daughter: (1) Start preparing for the GATE exam, which opens the doors for MTech at IITs/NITs or PSU jobs (like BHEL, NTPC, ONGC). (2) Focus on GRE and MBA (3) Join online Platforms: Coursera, NPTEL, Udemy, LinkedIn for advanced learning techniques related with EEE and CSE (4) Focus on Off-Campus Job Preparation, in which she can prepare for Aptitude, Coding, Core concepts etc (5) While in final year, create accounts on LinkedIn, Indeed, AngelList, naukri.com etc/ (5) If possible, join CDAC (Centre for Development of Advanced Computing) offer excellent 6-month PG diplomas with placement support (great ROI).(6) Talk to seniors/alumni for realistic inspiration and off-campus job guidance. (7) Consider a mock placement drive or aptitude training course in the final year.
Best of luck to your daughter for her upcoming bright future.
Follow me if you like the reply. Thanks
Radheshyam

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Nayagam P

Nayagam P P  |4453 Answers  |Ask -

Career Counsellor - Answered on Apr 23, 2025

Asked by Anonymous - Apr 23, 2025
Career
My daughter 90percentile in jee mains 2025,and puc board exam 95.6 percentage and kcet is 101 marks we are obc ncl and catgory 1 reservation can we get nit surathkal college for admission or other top 3 college in bangalore and she want to take jee advance 2025 , which branchas scope and high package
Ans: As far as KCET is concerned,? here are the some approximate expected KCET opening and closing ranks for the OBC-NCL category across four top engineering colleges in Bengaluru:?

RV College of Engineering (RVCE)
Computer Science & Engineering: Opening – 2,000 | Closing – 3,000
Electronics & Communication Engineering: Opening – 2,500 | Closing – 3,500
Electrical & Electronics Engineering: Opening – 3,000 | Closing – 4,500
Mechanical Engineering: Opening – 4,000 | Closing – 6,000
Civil Engineering: Opening – 5,000 | Closing – 7,000?

BMS College of Engineering (BMSCE)
Computer Science & Engineering: Opening – 2,500 | Closing – 4,000
Electronics & Communication Engineering: Opening – 3,000 | Closing – 5,000
Electrical & Electronics Engineering: Opening – 4,500 | Closing – 6,500
Mechanical Engineering: Opening – 6,000 | Closing – 8,000
Civil Engineering: Opening – 7,000 | Closing – 9,000?

M S Ramaiah Institute of Technology (MSRIT)
Computer Science & Engineering: Opening – 2,200 | Closing – 3,800
Electronics & Communication Engineering: Opening – 3,500 | Closing – 5,500
Electrical & Electronics Engineering: Opening – 5,000 | Closing – 7,000
Mechanical Engineering: Opening – 6,500 | Closing – 8,500
Civil Engineering: Opening – 7,500 | Closing – 9,500?

Dayananda Sagar College of Engineering (DSCE)
Computer Science & Engineering: Opening – 3,000 | Closing – 5,000
Electronics & Communication Engineering: Opening – 4,500 | Closing – 6,500
Electrical & Electronics Engineering: Opening – 6,000 | Closing – 8,000
Mechanical Engineering: Opening – 7,500 | Closing – 9,500
Civil Engineering: Opening – 8,500 | Closing – 10,500?

Note: The above ranks are indicative and based on available data for the OBC-NCL category. Every year, actual cutoffs may vary based on factors like seat availability, reservation policies, and candidate preferences.

?Regarding the chances of getting seats through JEE/JoSAA Counselling, here is, How to Predict Your Chances of Admission into NIT or IIIT or GFTI After JEE Main Results – A Step-by-Step Guide.

Providing precise admission chances for each student can be challenging. Some reputed educational websites offer ‘College Predictor’ tools where you can check possible college options based on your percentile, category, and preferences. However, for a more accurate understanding, here’s a simple yet effective 9-step method using JoSAA’s past-year opening and closing ranks. This approach gives you a fair estimate (though not 100% exact) of your admission chances based on the previous year’s data.

Step-by-Step Guide to Check Your Daughter's Admission Chances Using JoSAA Data
Step 1: Collect Your Daughter's Key Details
Before starting, note down the following details:

Her JEE Main percentile
Her category (General-Open, SC, ST, OBC-NCL, EWS, PwD categories)
Her Preferred institute types (NIT, IIIT, GFTI)
Her Preferred locations (or if you're open to any location in India)
List of at least 3 preferred academic programs (branches) as backups (instead of relying on just one option)
Step 2: Access JoSAA’s Official Opening & Closing Ranks
Go to Google and type: JoSAA Opening & Closing Ranks 2024
Click on the first search result (official JoSAA website).
You will land directly on JoSAA’s portal, where you can enter your details to check past-year cutoffs.
Step 3: Select the Round Number
JoSAA conducts five rounds of counseling.
For a safer estimate, choose Round 4, as most admissions are settled by this round.
Step 4: Choose the Institute Type
Select NIT, IIIT, or GFTI, depending on your preference.
If your daughter is open to all types of institutes, check them one by one instead of selecting all at once.
Step 5: Select the Institute Name (Based on Location)
It is recommended to check institutes one by one, based on your preferred locations.
Avoid selecting ‘ALL’ at once, as it may create confusion.
Step 6: Select her Preferred Academic Program (Branch)
Enter the branches you are interested in, one at a time, in your preferred order.
Step 7: Submit and Analyze Results
After selecting the relevant details, click the ‘SUBMIT’ button.
The system will display Opening & Closing Ranks of the selected institute and branch for different categories.
Step 8: Note Down the Opening & Closing Ranks
Maintain a notebook or diary to record the Opening & Closing Ranks for each institute and branch you are interested in.
This will serve as a quick reference during JoSAA counseling.
Step 9: Adjust Your Expectations on a Safer Side
Since Opening & Closing Ranks fluctuate slightly each year, always adjust the numbers for safety.
Example Calculation:
If the Opening & Closing Ranks for NIT Delhi | Mechanical Engineering | OPEN Category show 8622 & 26186 (for Home State), consider adjusting them to 8300 & 23000 (on a safer side).
If the Female Category rank is 34334 & 36212, adjust it to 31000 & 33000.

Follow this approach for Other State candidates and different categories.
Pro Tip: Adjust your expected rank slightly lower than the previous year's cutoffs for realistic expectations during JoSAA counseling.

Can This Method Be Used for JEE April & JEE Advanced?
Yes! You can repeat the same steps after your April JEE Main results to refine your admission possibilities.
You can also follow a similar process for JEE Advanced cutoffs when applying for IITs.

Want to Learn More About JoSAA Counseling?
If you want detailed insights on JoSAA counseling, engineering entrance exams, preparation strategies, and engineering career options, check out EduJob360’s 180+ YouTube videos on this topic!

Hope this guide helps! All the best for your daughter's admissions!

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Nayagam P

Nayagam P P  |4453 Answers  |Ask -

Career Counsellor - Answered on Apr 23, 2025

Asked by Anonymous - Apr 23, 2025
Career
I got 98.02%ile in JEE MAINS session 2 . (EWS) Can I get TOP NIT (CSE) ?? EWS RANK 4146
Ans: Here is, How to Predict Your Chances of Admission into NIT or IIIT or GFTI After JEE Main Results – A Step-by-Step Guide.

Providing precise admission chances for each student can be challenging. Some reputed educational websites offer ‘College Predictor’ tools where you can check possible college options based on your percentile, category, and preferences. However, for a more accurate understanding, here’s a simple yet effective 9-step method using JoSAA’s past-year opening and closing ranks. This approach gives you a fair estimate (though not 100% exact) of your admission chances based on the previous year’s data.

Step-by-Step Guide to Check Your Admission Chances Using JoSAA Data
Step 1: Collect Your Key Details
Before starting, note down the following details:

Your JEE Main percentile
Your category (General-Open, SC, ST, OBC-NCL, EWS, PwD categories)
Preferred institute types (NIT, IIIT, GFTI)
Preferred locations (or if you're open to any location in India)
List of at least 3 preferred academic programs (branches) as backups (instead of relying on just one option)
Step 2: Access JoSAA’s Official Opening & Closing Ranks
Go to Google and type: JoSAA Opening & Closing Ranks 2024
Click on the first search result (official JoSAA website).
You will land directly on JoSAA’s portal, where you can enter your details to check past-year cutoffs.
Step 3: Select the Round Number
JoSAA conducts five rounds of counseling.
For a safer estimate, choose Round 4, as most admissions are settled by this round.
Step 4: Choose the Institute Type
Select NIT, IIIT, or GFTI, depending on your preference.
If you are open to all types of institutes, check them one by one instead of selecting all at once.
Step 5: Select the Institute Name (Based on Location)
It is recommended to check institutes one by one, based on your preferred locations.
Avoid selecting ‘ALL’ at once, as it may create confusion.
Step 6: Select Your Preferred Academic Program (Branch)
Enter the branches you are interested in, one at a time, in your preferred order.
Step 7: Submit and Analyze Results
After selecting the relevant details, click the ‘SUBMIT’ button.
The system will display Opening & Closing Ranks of the selected institute and branch for different categories.
Step 8: Note Down the Opening & Closing Ranks
Maintain a notebook or diary to record the Opening & Closing Ranks for each institute and branch you are interested in.
This will serve as a quick reference during JoSAA counseling.
Step 9: Adjust Your Expectations on a Safer Side
Since Opening & Closing Ranks fluctuate slightly each year, always adjust the numbers for safety.
Example Calculation:
If the Opening & Closing Ranks for NIT Delhi | Mechanical Engineering | OPEN Category show 8622 & 26186 (for Home State), consider adjusting them to 8300 & 23000 (on a safer side).
If the Female Category rank is 34334 & 36212, adjust it to 31000 & 33000.

Follow this approach for Other State candidates and different categories.
Pro Tip: Adjust your expected rank slightly lower than the previous year's cutoffs for realistic expectations during JoSAA counseling.

Can This Method Be Used for JEE April & JEE Advanced?
Yes! You can repeat the same steps after your April JEE Main results to refine your admission possibilities.
You can also follow a similar process for JEE Advanced cutoffs when applying for IITs.

Want to Learn More About JoSAA Counseling?
If you want detailed insights on JoSAA counseling, engineering entrance exams, preparation strategies, and engineering career options, check out EduJob360’s 180+ YouTube videos on this topic!

Hope this guide helps! All the best for your admissions!

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