I have been investing in the following MF for the last more than five years. Kindly let me have your opinion. 

Name of the Fund	Category	RankMF Star Rating
HDFC Equity Fund	Equity - Multi Cap Fund	4
HDFC Capital Builder	Equity - Value Fund	3
HDFC Midcap Opportunities	Equity - Midcap Fund	3
ABSLFrontline Equity Fund	Equity - Large Cap Fund	4
ABSL - MNC Fund	Equity - Thematic Fund - MNC	4
ABSL Equity Fund	Equity - Multi Cap Fund	4
HDFC Low Duration Fund	Debt - Low Duration Fund	2
ABSL Savings Fund	Debt - Ultra Short Duration Fund	5
ICICI prudential Value Discovery Fund	Equity - Value Fund	2
ICICI Asset Allocator	Hybrid - Multi Asset Allocation	4

Ans: Asha, BITS Goa’s Mechanical Engineering offers a focused cohort of 105 students with modern CNC, CAE and wind-tunnel labs, dual-degree options, and a 91.15% placement rate over the past three years with an average package of ?21.14 LPA. BITS Pilani’s flagship Mechanical program features world-class Practice School internships totaling 7½ months, expansive workshops, a rigorous dual-degree structure, and 82.75% branch-wise placement consistency with an average package of ?16.15 LPA. Both campuses maintain NAAC A+ accreditation, strong faculty research outputs, active alumni networks, and robust industry collaborations, yet differ in scale, legacy infrastructure, and average stipend profiles.

Recommendation: Opt for BITS Goa Mechanical for its superior average packages, higher placement rates, and compact, high-impact lab environment. Choose BITS Pilani Mechanical for immersive Practice School internships, established global reputation, and broader peer network. All the BEST for a Prosperous Future!

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

Ans: Its a borderline case. Participate in counselling. Its free

Ans: Abhishek, NIT Patna’s Civil Engineering reports consistent placement rates around 55% over the last three years, supported by modest infrastructure, government?funded labs and moderate industry engagement. NIT Silchar shows stronger civil placements averaging around 80–87% with modern workshops, NAAC A accreditation and robust internship pipelines in core construction firms. NIT Jamshedpur leads with approximately 94–95% civil placement consistency, specialized structural and environmental labs, and top recruiters like L&T, Tata Steel and NTPC visiting annually. NIT Raipur records civil placements of 78.7%, 63.2% and 67.5% across 2023–25, featuring well?equipped soil mechanics and transportation labs but fewer core recruiters compared to Jamshedpur.

Recommendation: Opt for NIT Jamshedpur Civil for its superior placement consistency, advanced labs and extensive recruiter network. Next consider NIT Silchar Civil for high placement rates and strong infrastructure. Choose NIT Raipur Civil if regional proximity and balanced resources matter. Select NIT Patna Civil for cost?effective fees and steady government support. All the BEST for a Prosperous Future!

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

Ans: Ayisha, Cracking JEE Main in five months through self-study demands a disciplined, strategic approach grounded in the official NCERT-based syllabus. Begin by mapping the entire syllabus into weekly targets and prioritizing high-weightage topics—focus first on foundational NCERT concepts before advancing to reference texts. Devote daily sessions to one subject each morning, afternoon, and evening, with built-in breaks to maintain productivity peaks. After covering each chapter, immediately solve chapter-wise questions and take regular full-length mock tests under timed conditions to build speed and accuracy; meticulously analyze errors in a dedicated notebook to refine exam strategy. Incorporate daily and weekly revisions of short formula sheets and concept maps to reinforce learning. Allocate the final month exclusively to intensive revision and mock simulations, emphasizing weaker areas identified earlier. Maintain consistent health habits—balanced diet, adequate sleep, and short exercise—to sustain focus and mental resilience.

Recommendation: Adopt a structured five-month plan anchored in NCERT mastery, strategic topic sequencing, and rigorous mock-test analysis while ensuring regular revision and self-assessment to transform zero background into a competitive JEE Main performance. All the BEST for a Prosperous Future!

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

Ans: Asha, Both programmes deliver solid core?engineering education under reputable accreditations, yet differ substantially in outcomes and resources. Goa College of Engineering’s Mechanical Engineering is NBA-accredited, housed in a 300-acre government campus with well-equipped auto and manufacturing labs, a centralized placement cell and state-university affiliation, achieving around 65–75% placements with an average package near ?6 LPA over recent years. BITS Pilani Mechanical Engineering, an Institute of Eminence with NBA and NAAC A++ approvals, offers world-class workshops, dual-degree options, Practice School internships and interdisciplinary research centres, recording approximately 80% branch-wise placement and an average package of ?13 LPA. Experienced PhD faculty, strong alumni networks, industry MoUs and global recruiter engagement further distinguish BITS Pilani.

Recommendation: Opt for BITS Pilani Mechanical for its superior placement consistency, expansive research and internship infrastructure, and institutional prestige. Choose Goa College of Engineering if lower fees, home-state quotas and government-funded stability with decent placement support align better with your priorities. All the BEST for a Prosperous Future!

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

Ans: Premila Madam, Sri Venkateswara College, University of Delhi (NAAC A+; NIRF #21 among colleges) offers a three-year B.Sc. Life Science with interdisciplinary curricula in biochemistry, botany, zoology and applied biology, taught by Ph.D.-qualified faculty and supported by well-equipped labs and industry-linked research projects. The college’s central library, smart classrooms and solar-powered facilities enhance learning, while active student societies and field-trip opportunities foster holistic development. Placement support through a dedicated cell yielded 50–60% internship and job offers for Life Science graduates over the past three years, with average stipends around ?5–6 LPA and recruitment by biotech and pharma firms. Strong industry collaborations and regular seminars further bolster employability and research readiness.

Recommendation: Enroll in SVC’s Life Science for its top-tier accreditation, robust interdisciplinary labs and active research linkages. Leverage the college’s dedicated placement cell and industry partnerships to secure internships, while engaging in student-run projects and seminars to build a competitive research portfolio. All the BEST for a Prosperous Future!

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

Ans: Anamika, Punjab Engineering College Chandigarh’s Mechanical Engineering is AICTE-approved and NAAC B+–accredited, housed in century-old workshops and modernized labs for thermofluids, CAD/CAM and robotics, guided by experienced faculty and enhanced by six-month internships; its placement cell secured around 62% of graduates over the last three years, with core-industry recruiters such as Tata Motors and L&T. VIT Vellore’s main-campus CSE is NAAC A++–accredited and “Institute of Eminence”–recognized, offering cutting-edge computing and AI labs, dual-degree options, global moUs, and a centralized placement cell that achieved 80–90% CSE placement consistency and over 10,000 offers in 2025.

Recommendation: Opt for VIT Vellore CSE Main Campus for its superior placement consistency, advanced research infrastructure and global collaborations. Choose PEC Chandigarh Mechanical Engineering if you seek a legacy institution with strong core-engineering focus, lower fees and specialized design-manufacturing curriculum. All the BEST for a Prosperous Future!

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

Ans: ? Understanding Your Current HUF Investment

– Your HUF has investments in ELSS mutual funds.
– ELSS funds have a strict lock-in of 3 years from investment date.
– During the lock-in, units can’t be redeemed or transferred.

? Legal Restriction During Lock-in Period

– ELSS units are non-transferable during lock-in.
– Even if HUF dissolves, these cannot be assigned to members.
– This is an SEBI regulation and applies to all ELSS units.

? HUF Dissolution and Asset Transfer Planning

– You can dissolve the HUF legally through a partition deed.
– But you cannot transfer ELSS units till lock-in ends.
– Other HUF assets can be partitioned and distributed.

– For ELSS, you must retain them under HUF until each unit’s lock-in ends.
– Once the lock-in is over, units can be redeemed or distributed.

? What You Can Do Now

– Step 1: Identify the investment date of each ELSS SIP or lump sum.
– Step 2: Create a schedule of lock-in end dates for each investment.
– Step 3: Initiate partition of all other movable and immovable assets.
– Step 4: Retain ELSS in HUF name till lock-in ends.
– Step 5: Dissolve HUF formally after that or close only after transferring.

? Treatment of ELSS Units During Dissolution

– Even if you dissolve the HUF now, ELSS cannot be passed to members.
– Mutual fund company won’t process ownership change during lock-in.
– Legal title remains with HUF till maturity of lock-in.

? Operational Way Forward

– Maintain HUF PAN and bank account till lock-in ends.
– One option: dissolve HUF except for ELSS units.
– Keep HUF active only to hold ELSS units till lock-in ends.
– After 3 years from each investment, redeem and distribute proceeds.

? Partition Deed with Clause for ELSS

– Prepare a written partition deed listing all HUF assets.
– Mention ELSS investments and their lock-in dates separately.
– State clearly that ELSS will remain under HUF till lock-in ends.
– Add clause to distribute ELSS proceeds post lock-in as per agreement.

? Taxation Implications

– During lock-in, ELSS continues to be taxed in HUF’s name.
– LTCG above Rs. 1.25 lakh taxed at 12.5%.
– Short-term capital gains (if any from other assets) taxed at 20%.
– Post lock-in, when redeemed, gain is taxed under HUF.
– You can distribute only net amount to members.

? Family Agreement & Clarity

– Ensure all members of HUF agree on partition terms.
– Take written consent from each member to avoid future issues.
– Keep a notarised deed and record asset valuation clearly.

? Role of Certified Financial Planner

– A CFP can help create a step-wise strategy.
– Also helps in timing redemptions, handling taxation, and planning future reinvestments.
– If members want to reinvest ELSS proceeds individually later, CFP can guide well.

? Avoiding Errors

– Don’t try to transfer ELSS units to individuals before lock-in.
– This will violate fund terms and SEBI rules.
– Mutual fund house will reject any such transfer request.

? Future Planning Post Redemption

– Once ELSS units are redeemed, you can distribute as per partition terms.
– Each member can invest that in personal mutual funds.
– Regular mutual funds (non-ELSS) can then be held in their individual names.

– For new investments, avoid ELSS under HUF if dissolution is planned.
– Use individual accounts or family trust structures if needed.

? Final Insights

– You cannot bypass the ELSS lock-in through dissolution.
– You must wait for 3-year period to end for each investment.
– Till then, HUF must remain active to hold ELSS legally.
– All other assets can be divided through a proper partition deed.
– Plan dissolution in phases if needed.
– Maintain transparency among members.
– Once ELSS unlocks, redeem and distribute based on prior agreement.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

Ans: Hi Akhil,
In which competitive exam?