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Abhishek

Abhishek Dev  | Answer  |Ask -

Financial Planner - Answered on Aug 26, 2023

Abhishek Dev is the co-founder and CEO of the financial planning company, Epsilon Money Mart.
A management graduate, he has over 21 years of experience in asset and wealth management.
He has been associated with reputed companies like HSBC GAM (India, south east Asia), PGIM, AMC, AMEX Bank, HDFC AMC and UTI in various roles, including leading business management, sales, marketing, product development and as a board member.... more
Bhogu Question by Bhogu on Aug 24, 2023Hindi
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Dear Sir Ji - Please advise whether investing in NFOs is better than existing Mutual Funds. Thank you.

Ans: We believe investing in both comes with risk and therefore, investors must know the risks involved before plunging. However, for funds having known history, process and performance it is easier to make the decision. At the same time, if an NFO comes with a new idea or fills gap in the portfolio, investors can give it a try.
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

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Mutual Funds, Financial Planning Expert - Answered on Apr 27, 2024

Asked by Anonymous - Feb 18, 2024Hindi
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i want to open in mutual fund nfo.which will be better for me. canara robecco manufacturing fund or Edelweiss technology fund i already have 10k in ratia 5:3:2 in zerodha elss taxsaver nifty large midcap 250index,quant infrastructure fund,aditya birla sunlife psu equity fund
Ans: When choosing between mutual fund NFOs like Canara Robeco Manufacturing Fund and Edelweiss Technology Fund, it's essential to consider various factors such as your investment goals, risk tolerance, and portfolio diversification.

Canara Robeco Manufacturing Fund: This fund focuses on investing in companies operating in the manufacturing sector. It aims to capitalize on the growth potential of manufacturing companies and may be suitable if you're bullish on the manufacturing sector's prospects. However, it's essential to assess the fund's investment strategy, track record, and the outlook for the manufacturing sector before investing.
Edelweiss Technology Fund: This fund focuses on investing in technology-related companies, which may include IT services, software, hardware, and internet companies. It aims to benefit from the growth potential of the technology sector, which has been experiencing rapid innovation and expansion. If you believe in the long-term growth prospects of the technology sector, this fund may align well with your investment objectives.
Considering your existing investments in ELSS, index funds, and infrastructure funds, adding exposure to a specific sector like manufacturing or technology can provide additional diversification to your portfolio. However, it's essential to evaluate the concentration risk and ensure that the sectoral allocation complements your overall investment strategy.

Before investing in any NFO, thoroughly research the fund's objectives, investment strategy, fund manager's track record, and expense ratio. Additionally, consider consulting with a Certified Financial Planner to assess how the NFO fits into your overall investment portfolio and whether it aligns with your financial goals and risk profile.

Remember to stay focused on your long-term investment objectives and avoid making investment decisions solely based on short-term market trends or NFO hype. Diversification, thorough research, and disciplined investing are key to building a successful investment portfolio over time.

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Nayagam P

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Career Counsellor - Answered on May 28, 2025

Asked by Anonymous - May 27, 2025
Career
Hi everyone..I am Poornima kashyap currently studying in class 12. I am a humanities student with subjects- english, political science, maths, economics and psychology. I have developed anxiety because of my toxic family and i am not able to concentrate at all. I have no space to study. Earlier i wanted to pursue a career in psychology but now as i am studying it i am realising that it is not my cup of tea. I have no hopes about my life and future. I always had and still have a passion for travelling and want to get rid of this toxic family and house. Please somebody enlighten me or it will be difficult for me to even survive without a goal
Ans: Poornima, your struggles with anxiety and a toxic family environment are real and challenging, but you are not alone. Many students feel lost or hopeless in such situations. It’s important to reach out for help—school counselors, teachers, or mental health professionals can offer guidance and coping strategies, even if family support is lacking. Academically, your humanities background with maths and economics opens diverse career paths. Since you have a passion for travel and want independence, consider courses in hospitality and tourism management, travel journalism, international relations, or foreign languages. These fields can lead to careers that involve travel and personal growth. Look for scholarships or entrance exams that allow you to study away from home, giving you both space and new opportunities. Online courses and internships can also help you develop skills and confidence. Remember, your current circumstances do not dictate your future. Set small, achievable goals—such as preparing for college applications or learning new skills—that move you toward independence. Stay connected with supportive people, whether friends, teachers, or online communities. You have the resilience to overcome your current challenges and create a fulfilling, independent life. Take one step at a time, and don’t hesitate to seek help when needed.

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

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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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