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

Should I Change My Mutual Funds? A 50-Year-Old Investor Seeks Expert Advice

Milind

Milind Vadjikar  | Answer  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Oct 06, 2024

Milind Vadjikar is an independent MF distributor registered with Association of Mutual Funds in India (AMFI) and a retirement financial planning advisor registered with Pension Fund Regulatory and Development Authority (PFRDA).
He has a mechanical engineering degree from Government Engineering College, Sambhajinagar, and an MBA in international business from the Symbiosis Institute of Business Management, Pune.
With over 16 years of experience in stock investments, and over six year experience in investment guidance and support, he believes that balanced asset allocation and goal-focused disciplined investing is the key to achieving investor goals.... more
Asked by Anonymous - Oct 06, 2024Hindi
Listen
Money

Hello Sir, Hope this mail finds you well ! I have SIP's as follows : Parag P Flexi Cap - 70K, Canara R FlexiCap-35K, Nippon MultiCap-30K, Nippon Pharma-10K, Nifty BeeS ETF-75K, Nifty Gold ETF - 5K, NPS Tier 2-30K, Tier 1- 5K. Additionally I have STP from Liquid funds into Kotak Emerging Equity - 30K, Axis Small Cap - 30K. Are these MF's, ETF & NPS plan good in terms of investments ? Do I need to change any MF ? How much amount I can expect in the next 10 years if I continue this same investment. What will be the amount if I increase the investment 10% every year ? Also I plan to redeem my investment in UTI Flexicap, Axis BC, Axis Midcap & PGIM Flexicap and reinvest the amount in the above MF's. Please advise. Thanks in advance.

Ans: Hello;

I must admire your commitment and disciplined way of investing.

Your fund choice looks good so NO suggestion for changes.

If you contine this monthly SIP of 3.2 L for the next 10 years you may expect a corpus of 7.1 Cr.

If you decide to top-up this SIP by 10% each year then your corpus would be around 10.25 Cr+.

Yes you should exit these funds(uti flexicap, Axis BC & Midcap, PGIM flexi cap) and redeploy the proceeds into your SIP schemes.

A modest return of 11% considered.

Happy Investing!!
Asked on - Oct 06, 2024 | Answered on Oct 07, 2024
Listen
Thanks Sir. Appreciate your prompt response !
Ans: You are most welcome!
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
Money

You may like to see similar questions and answers below

Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Oct 13, 2022

Listen
Money
Sir, request your kind advice and guidance on this please. My age is 46 years and I am expecting corpus of Rs 1 Cr in 10 years. I have read your unbiased views on various queries from MF investment enthusiasts. Your feedback has been very impressive and really helps people like us. My heartfelt gratitude and thanks for the same. Sir, I have following mutual fund SIPs and I would seek your guidance on whether these are OK, or any course correction required. LUMP SUMP INVESTMENTS split as below. Aditya Birla Sun Life Focused Equity Fund - Gr in March 2022 value Rs 62434. Current value is Rs 59218 Axis Growth Opportunities Fund - Gr in March 2022 value Rs 62122. Current value is Rs 57015 Edelweiss Arbitrage Fund - Gr in April 2021 value Rs 45567. Current value is Rs 47660 L&T Arbitrage Opportunities Fund - Gr in July 2021 value Rs 65730. Current value is Rs 69077 Nippon India Arbitrage Fund - Gr in July 2021 value Rs 49595. Current value is Rs 51859 SIP: Total monthly SIP of Rs 25000, split as below: Axis Bluechip Fund - Gr, monthly investment Rs 2500 Axis Focused 25 Fund - Gr, monthly investment Rs 2000 Canara Robeco Flexi Cap Fund - Gr, monthly investment Rs 2000 Edelweiss Mid Cap Fund - Regular Gr, monthly investment Rs 5000 Invesco India Contra Fund - Gr monthly investment Rs 2000 Kotak Emerging Equity Fund - Gr, monthly investment Rs 2000 Kotak Flexicap Fund - Gr, monthly investment Rs 2500 L&T Midcap Fund - Gr, monthly investment Rs 5000 SBI Flexicap Fund - Gr, monthly investment Rs 2000 Total portfolio amount as on date is Rs 14 lakh.
Ans: Funds are good, please continue, don’t increase funds; if you need to top up, do in the existing schemes.

..Read more

Latest Questions
Nayagam P

Nayagam P P  |9515 Answers  |Ask -

Career Counsellor - Answered on Jul 28, 2025

Career
90%in jee mains female Which nit iiit or gfti can I get. Is there any chances of getting AI or CSE if yes then which college It can be and if I want any good nit or iiit so which branch can I get in csab till which round
Ans: Kavita, With a 90 percentile in JEE Main, your approximate All-India OBC-NCL female category rank would be around 50,000–55,000, making admission to top NITs or IIITs in CSE or AI branches highly unlikely, but some newer or remote campuses remain possible. For CSE through CSAB special rounds, NIT Uttarakhand (Other-State, OBC-NCL female closing rank ~45,566 in 2024) and NIT Sikkim (Other-State, OBC-NCL female closing rank ~53,286 in 2024) are attainable by Round II or III. AI & ML seats are more limited, with NIT Sikkim closing at around 78,145 for OBC-NCL female category in 2024, while IIIT Kota and IIIT Nagpur may close AI around 60,000–70,000, making them potential targets in early rounds. Among GFTIs, some like BIT Mesra offer AI/ML but with higher cutoffs (~127,920). Given branch popularity, CSE at NIT Uttarakhand is the most dependable CSAB option. Recommendation: Pursue CSAB counselling with focus on CSE at NIT Uttarakhand and NIT Sikkim in early special rounds while preparing for backup private options. Private colleges accepting OBC-NCL female candidates with approximately 90 percentile through CSAB include Chandigarh University, Mohali for B.Tech CSE with AI & ML. Lovely Professional University, Jalandhar for B.Tech CSE with AI/ML specialization. Amity University, Noida for B.Tech Computer Science & Engineering with AI stream. Sharda University, Greater Noida for B.Tech CSE–AI & Data Science. Galgotias University, Greater Noida for B.Tech AI & Data Science. Jaypee Institute of Information Technology, Noida for B.Tech CSE–AI. Thapar Institute of Engineering & Technology, Patiala for B.Tech CSE–AI/ML. SRM University, Delhi–NCR for B.Tech AI & ML. ABES Engineering College, Ghaziabad for B.Tech CSE with AI. Indraprastha Institute of Technology & Management, Delhi for B.Tech CSE–AI. Backup private options excluding state-level exam seats include Lovely Professional University, Amity Noida, Sharda University, Jaypee Institute, and Galgotias University, which admit OBC-NCL candidates with ranks up to approximately 100,000. All the BEST for a Prosperous Future!

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

...Read more

Nayagam P

Nayagam P P  |9515 Answers  |Ask -

Career Counsellor - Answered on Jul 28, 2025

Career
90%in jee mains female OBC Which nit iiit or gfti can I get. Is there any chances of getting AI or CSE if yes then which college It can be and if I want any good nit or iiit so which branch can I get in csab till which round
Ans: Kavita, With a 90 percentile in JEE Main, your approximate All-India OBC-NCL female category rank would be around 50,000–55,000, making admission to top NITs or IIITs in CSE or AI branches highly unlikely, but some newer or remote campuses remain possible. For CSE through CSAB special rounds, NIT Uttarakhand (Other-State, OBC-NCL female closing rank ~45,566 in 2024) and NIT Sikkim (Other-State, OBC-NCL female closing rank ~53,286 in 2024) are attainable by Round II or III. AI & ML seats are more limited, with NIT Sikkim closing at around 78,145 for OBC-NCL female category in 2024, while IIIT Kota and IIIT Nagpur may close AI around 60,000–70,000, making them potential targets in early rounds. Among GFTIs, some like BIT Mesra offer AI/ML but with higher cutoffs (~127,920). Given branch popularity, CSE at NIT Uttarakhand is the most dependable CSAB option. Recommendation: Pursue CSAB counselling with focus on CSE at NIT Uttarakhand and NIT Sikkim in early special rounds while preparing for backup private options. Private colleges accepting OBC-NCL female candidates with approximately 90 percentile through CSAB include Chandigarh University, Mohali for B.Tech CSE with AI & ML. Lovely Professional University, Jalandhar for B.Tech CSE with AI/ML specialization. Amity University, Noida for B.Tech Computer Science & Engineering with AI stream. Sharda University, Greater Noida for B.Tech CSE–AI & Data Science. Galgotias University, Greater Noida for B.Tech AI & Data Science. Jaypee Institute of Information Technology, Noida for B.Tech CSE–AI. Thapar Institute of Engineering & Technology, Patiala for B.Tech CSE–AI/ML. SRM University, Delhi–NCR for B.Tech AI & ML. ABES Engineering College, Ghaziabad for B.Tech CSE with AI. Indraprastha Institute of Technology & Management, Delhi for B.Tech CSE–AI. Backup private options excluding state-level exam seats include Lovely Professional University, Amity Noida, Sharda University, Jaypee Institute, and Galgotias University, which admit OBC-NCL candidates with ranks up to approximately 100,000. All the BEST for a Prosperous Future!

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

...Read more

Nayagam P

Nayagam P P  |9515 Answers  |Ask -

Career Counsellor - Answered on Jul 28, 2025

Asked by Anonymous - Jul 27, 2025Hindi
Career
My son got in mhcet 99.53 & jee mains 97.69 in coep & Pict which branch I can get
Ans: With a 99.53 percentile in MHT CET and 97.69 percentile in JEE Main, your son is well-positioned for several strong engineering branches at College of Engineering Pune (COEP) and Pune Institute of Computer Technology (PICT), although Computer Engineering (CSE) at both institutes is highly competitive. For COEP, the 2025 MHT CET closing percentiles for Computer Engineering and Electronics & Telecommunication were 99.85 and 99.71, meaning your son closely qualifies for branches like Mechanical, Electrical, Civil, Instrumentation, and possibly Robotics & AI, but is slightly below typical CSE and ENTC cutoffs. At PICT, the 2025 general category cutoff for CSE is around 99 percentile, so your son is just within reach for Information Technology or Electronics & Telecommunication, with CSE being borderline. Both institutes are highly ranked, NBA/NAAC accredited, have excellent faculty, modern infrastructure, strong placement records above 90% in recent years, and robust industry links fostering research and internships.

Recommendation: Prioritize CSE, IT, or ENTC at PICT if available, for a tech-centric environment and high placements, or choose Mechanical, Electrical, Instrumentation, or Robotics & AI at COEP, leveraging its outstanding reputation and campus life. List all relevant preferences during counselling to maximize your options, as both institutions offer excellent learning, infrastructure, and career outcomes for core branches. All the BEST for a Prosperous Future!

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

...Read more

Nayagam P

Nayagam P P  |9515 Answers  |Ask -

Career Counsellor - Answered on Jul 28, 2025

Asked by Anonymous - Jul 27, 2025Hindi
Career
My son has got svnit surat cse branch through Josaa counselling. we are more interested in mnit jaipur, is it a wise decision if we switch to Ai and data science branch or electronics and communication branch in mnit jaipur if we get that in csab round
Ans: Switching from Computer Science and Engineering (CSE) at SVNIT Surat to either the Artificial Intelligence and Data Science or Electronics and Communication Engineering (ECE) branches at MNIT Jaipur through CSAB counselling involves weighing critical factors such as accreditation, placements, faculty strength, infrastructure, research, and exposure opportunities. MNIT Jaipur is a top-tier NIT accredited by NAAC (A) and NBA for multiple branches, ranked 43rd in NIRF 2024 and consistently within India’s top 50 engineering institutes, with substantial research activity in areas including AI, data science, and electronics. The AI and Data Science program has a well-structured curriculum aligned with contemporary industry trends and witnessed an average package of ?12.4L with about 75% placement in its initial years, while ECE placements over the last cycle consistently exceeded 85% with the highest offers above ?30LPA and reputed core as well as IT sector recruiters. Modern infrastructure at MNIT Jaipur includes advanced labs, extensive research centres, and holistic campus facilities.

In comparison, SVNIT Surat’s CSE branch has a stellar placement rate, regularly surpassing 90% and posting average packages around ?18LPA, notably higher than non-core branches, with strong recruitment from top tech giants and nearly 100% placement in recent years. Its CSE program enjoys strong peer and employer perception, robust projects, and steady research engagement, although MNIT has an edge in national ranking, research breadth, and campus ambiance.

Recommendation: Prioritize SVNIT Surat CSE for its consistently high placement rate and average package if pure CSE and early career outcomes are your primary focus. Opt for MNIT Jaipur AI and Data Science if your son aspires to specialize in AI with versatile skill sets at a higher-ranked, research-oriented campus. The ECE option at MNIT Jaipur offers balanced career prospects and exposure to both core electronics and IT roles, making it an excellent alternative to CSE. Both MNIT branches are highly reputable, but unless your son has a distinct passion for AI/Data Science or ECE, the career trajectory and placement outcomes of SVNIT Surat CSE remain the strongest in the present landscape. All the BEST for a Prosperous Future!

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

...Read more

Nayagam P

Nayagam P P  |9515 Answers  |Ask -

Career Counsellor - Answered on Jul 28, 2025

Career
Respected Sir, my son has provisionally secured admission in the Integrated Artificial Intelligence program at VIT Bhopal, and in Core Computer Science and Engineering at Amity University Gwalior and LNCT Bhopal (Main Campus). His JEE Main CRL rank is above 100,000. Based on this, kindly suggest which option would be the best, and what should we do regarding CSAB counseling."
Ans: Among the available options for your son—VIT Bhopal’s Integrated Artificial Intelligence, Core Computer Science and Engineering at Amity University Gwalior, and LNCT Bhopal Main Campus—each offers distinctive program strengths, but they differ in national standing, academic exposure, and industry integration. VIT Bhopal’s five-year Integrated M.Tech. in Artificial Intelligence delivers a dual-degree program emphasizing hands-on experience, advanced AI/ML curriculum, and robust engagement with research, capstone projects, and internships. The program’s ties with leading tech companies provide significant project and employment exposure, and its campus boasts modern computing facilities and collaborative industry events. Amity University Gwalior’s B.Tech CSE, NAAC ‘A’ grade accredited and ranked in NIRF 2024 (#201-300), is known for its industry-oriented curriculum with specializations in AI, ML, cyber security, and more, placing strong emphasis on internships and skill development; the placement cell has maintained about 80–90% placement rates in the CSE branch in recent years, with access to major recruiters and a vibrant campus environment. LNCT Bhopal, one of central India’s most established private technical institutes, offers a competitively priced B.Tech CSE program that aligns closely with core industry requirements, providing collaborations with technology majors such as Oracle and IBM, and consistent placement rates around 75–85%, with the advantage of large annual intake and an expansive recruiter network.

Regarding CSAB counselling for JEE Main CRL above 100,000, the likelihood of securing CSE or top branches in NITs, IIITs, or GFTIs is extremely low, as the most recent cutoffs for even newer or remote campuses in CSAB special rounds have tended to close well below the 100,000 mark for CSE, with most NITs and IIITs closing their CSE branches under 60,000–70,000. Some peripheral GFTIs or newer IIITs may admit at higher ranks, but offerings are typically in lower-demand streams or less central locations, and competition remains fierce for computer science-based programs. However, CSAB remains an avenue for backup exploration and should still be attempted until the final rounds, in case of changes in seat availability or candidate withdrawal.

Recommendation: Prioritize VIT Bhopal’s Integrated Artificial Intelligence for its cutting-edge interdisciplinary focus, advanced learning pathways, and research-driven orientation, offering future-ready skills in a rapidly expanding domain. Next, consider Amity University Gwalior’s CSE for its NIRF ranking, strong campus placements, and multiple specialization tracks, especially if your son prefers a pure computer science degree in a polished urban campus. LNCT Bhopal’s CSE should be the third choice, valued for its affordability, solid placement record, and breadth of industry connections within central India. Simultaneously, participate in CSAB special rounds but keep expectations realistic about CSE/IT options, making early decisions on private college premium seats as soon as possible for best outcomes. All the BEST for a Prosperous Future!

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

...Read more

Nayagam P

Nayagam P P  |9515 Answers  |Ask -

Career Counsellor - Answered on Jul 28, 2025

Career
Respected Sir, my son has provisionally secured admission in the Integrated Artificial Intelligence program at VIT Bhopal, and in Core Computer Science and Engineering at Amity University Gwalior and LNCT Bhopal (Main Campus). His JEE Main CRL rank is above 100,000. Based on this, kindly suggest which option would be the best, and what should we do regarding CSAB counseling.
Ans: Among the available options for your son—VIT Bhopal’s Integrated Artificial Intelligence, Core Computer Science and Engineering at Amity University Gwalior, and LNCT Bhopal Main Campus—each offers distinctive program strengths, but they differ in national standing, academic exposure, and industry integration. VIT Bhopal’s five-year Integrated M.Tech. in Artificial Intelligence delivers a dual-degree program emphasizing hands-on experience, advanced AI/ML curriculum, and robust engagement with research, capstone projects, and internships. The program’s ties with leading tech companies provide significant project and employment exposure, and its campus boasts modern computing facilities and collaborative industry events. Amity University Gwalior’s B.Tech CSE, NAAC ‘A’ grade accredited and ranked in NIRF 2024 (#201-300), is known for its industry-oriented curriculum with specializations in AI, ML, cyber security, and more, placing strong emphasis on internships and skill development; the placement cell has maintained about 80–90% placement rates in the CSE branch in recent years, with access to major recruiters and a vibrant campus environment. LNCT Bhopal, one of central India’s most established private technical institutes, offers a competitively priced B.Tech CSE program that aligns closely with core industry requirements, providing collaborations with technology majors such as Oracle and IBM, and consistent placement rates around 75–85%, with the advantage of large annual intake and an expansive recruiter network.

Regarding CSAB counselling for JEE Main CRL above 100,000, the likelihood of securing CSE or top branches in NITs, IIITs, or GFTIs is extremely low, as the most recent cutoffs for even newer or remote campuses in CSAB special rounds have tended to close well below the 100,000 mark for CSE, with most NITs and IIITs closing their CSE branches under 60,000–70,000. Some peripheral GFTIs or newer IIITs may admit at higher ranks, but offerings are typically in lower-demand streams or less central locations, and competition remains fierce for computer science-based programs. However, CSAB remains an avenue for backup exploration and should still be attempted until the final rounds, in case of changes in seat availability or candidate withdrawal.

Recommendation: Prioritize VIT Bhopal’s Integrated Artificial Intelligence for its cutting-edge interdisciplinary focus, advanced learning pathways, and research-driven orientation, offering future-ready skills in a rapidly expanding domain. Next, consider Amity University Gwalior’s CSE for its NIRF ranking, strong campus placements, and multiple specialization tracks, especially if your son prefers a pure computer science degree in a polished urban campus. LNCT Bhopal’s CSE should be the third choice, valued for its affordability, solid placement record, and breadth of industry connections within central India. Simultaneously, participate in CSAB special rounds but keep expectations realistic about CSE/IT options, making early decisions on private college premium seats as soon as possible for best outcomes. All the BEST for a Prosperous Future!

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

...Read more

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

Close  

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

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

Enter OTP
A 6 digit code has been sent to

Resend OTP in120seconds

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

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

Already have an account?

Enter OTP
A 6 digit code has been sent to Mobile

Resend OTP in120seconds

x