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40-Year-Old Single Mom With $30K Wants to Invest: Are Mutual Funds Safe?

Milind

Milind Vadjikar  |1098 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Oct 22, 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
Jatinder Question by Jatinder on Oct 21, 2024Hindi
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is mutual fund safe?

Ans: Hello;

Mutual funds invest it's AUM in assets like equity, debt, commodities or real estate.

The risks associated with these asset classes like business risk, credit risk, interest rate risk, economic risk, forex risk etc are also applicable to mutual funds.

But mutual fund as a product is just fabulous and is highly regulated with several checks and balances to ensure people's money is managed as per the mandate and is managed well.

People have created huge wealth by investing in mutual funds over a period of time and their are several live examples in front of us who substantiate the robustness of this product.

But you need to seek help from an MFD or an advisor or study yourself so as to avoid wrong investments.

Happy Investing!!

*Investments in mutual funds are subject to market risks. Please read all scheme related documents carefully 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

Ramalingam Kalirajan  |8092 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 30, 2024

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Hello Dev Ashish, Is Quant mutual fund a safe investment option?
Ans: Evaluating Quant Mutual Fund as an Investment Option
Quant Mutual Fund, like any other investment option, has its merits and risks. Let's assess its safety and suitability for your investment goals.

Pros of Quant Mutual Fund:

Quantitative Approach: Utilizes mathematical models and algorithms for investment decisions, potentially reducing emotional biases.
Diversification: Offers diversification across various sectors and asset classes, minimizing specific risk.
Transparency: Typically provides clear methodologies for investment strategies, enhancing transparency for investors.
Cons of Quant Mutual Fund:

Model Risk: Relies heavily on quantitative models, which may not always accurately predict market movements, leading to suboptimal returns.
Lack of Human Judgment: Absence of human discretion in investment decisions may overlook qualitative factors impacting company performance.
Performance Volatility: Strategies may experience periods of underperformance, particularly during market regime changes or unforeseen events.
Conclusion:
While Quant Mutual Fund presents a systematic approach to investing, its reliance on quantitative models entails inherent risks. Investors should carefully evaluate their risk tolerance and investment objectives before considering Quant funds. Diversifying across different investment styles and regularly monitoring performance can help mitigate potential downsides.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Nayagam P

Nayagam P P  |4311 Answers  |Ask -

Career Counsellor - Answered on Mar 10, 2025

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Can My Son Get NIT Or CSE With 88.87percentile in JEE Mains (GM)? Obc Ncl category
Ans: Pramod Sir, Here is, How to Predict Your Chances of Admission into NIT or IIIT or GFTI After JEE Main Results – A Step-by-Step Guide

Once the January JEE Main session results was declared, many students and JEE applicants started asking common questions about eligibility for specific institutes (NITs, IIITs, GFTIs, etc.) based on their percentile, category, preferred branch, and home state.

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 (Convert percentile into Rank withe help of a formula available in Google).
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 Option also 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, and preparation strategies, check out EduJob360’s 180+ YouTube videos on this topic!

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

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Aamish

Aamish Dhingra  |13 Answers  |Ask -

Life Coach - Answered on Mar 10, 2025

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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