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Nikunj Saraf  | Answer  |Ask -

Mutual Funds Expert - Answered on Oct 10, 2022

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
Sai Question by Sai on Oct 10, 2022Hindi
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Hello Nikunj - I am 40 and wish to start investing in MFs. I can invest up to 1.3 lakh per month. My aim is to continue investing it for next 5 years and have maximum returns. My risk appetite is moderate to high. Please advise which funds I should look at.

Ans: Hello Sai Kumar. Thanks for discussing your requirements. I recommend investing in the following schemes based on all factors:

  • Quant Flexi Cap Fund -- 40000
  • Canara Robeco Emerging Equities Growth -- 40000
  • Axis Mid Cap Fund -- 30000
  • Nippon India Small cap Fund -- 20000

Total: 130000

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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Sir kindly suggest me the to choose option in scaler school of technology ,chitkara university, graphic era and newton school of technology Kindly arrange in high to low prefrence
Ans: Sunil, Scaler School of Technology, launched in 2023, offers a four-year B.Sc+M.Sc in CS & AI designed by industry leaders, featuring mandatory one-year paid internships and polished AC classrooms with an innovation lab, charging a total fee of ?16.25 Lakh; however, it is not recognized by UGC/AICTE and relies on Scaler Academy’s placement record of 1,300 alumni at an average package of ?20 LPA. Chitkara University (estd 2010) is UGC/AICTE-approved, NAAC A+ and ranked #94 in NIRF 2024, with a 93.8% B.Tech placement rate, a median package of ?9.5 LPA, and top recruiters including Infosys, Amazon, and Deloitte. Graphic Era University (estd 1996) holds NAAC A+ accreditation, engages 250+ recruiters yearly, records a highest package of ?54 LPA and a median of ?6.42 LPA for B.Tech, and provides state-of-the-art labs with PhD faculty. Newton School of Technology (estd 2023) partners with 2,000+ companies, achieves a 98% placement rate with average packages of ?12 LPA and early internship exposure, but lacks formal accreditation and is building its campus ecosystem.

Recommendation: For a fully recognized engineering degree with sustained placement outcomes and strong accreditation, recommendation is Chitkara University. Next in preference is Graphic Era University, offering extensive recruiter engagement and impressive top packages within an established university setting. Newton School of Technology is third, delivering intensive placement support and early paid internships but lacks formal UGC/AICTE accreditation. Scaler School of Technology ranks lowest due to its non-accredited B.Sc+M.Sc model, high fees, and reliance on parent-company placement data. All the BEST for the Admission & a Prosperous Future!

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

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