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Ramalingam

Ramalingam Kalirajan  |8285 Answers  |Ask -

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

Ramalingam Kalirajan has over 23 years of experience in mutual funds and financial planning.
He has an MBA in finance from the University of Madras and is a certified financial planner.
He is the director and chief financial planner at Holistic Investment, a Chennai-based firm that offers financial planning and wealth management advice.... more
Ajay Question by Ajay on Feb 29, 2024Hindi
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Kindly advise on following funds- 1sbi balanced advantage fund 2sbi equity hybrid fund 3Quant elss tax saver fund 4PGIM India elss tax saverfund

Ans: Here's an overview of the mentioned funds:

SBI Balanced Advantage Fund: This fund follows a dynamic asset allocation strategy, aiming to provide capital appreciation and income generation over the long term. It adjusts its equity and debt allocation based on market conditions, offering downside protection during market downturns. It's suitable for investors seeking a balanced approach to investing with lower volatility.
SBI Equity Hybrid Fund: As an equity-oriented hybrid fund, SBI Equity Hybrid Fund invests primarily in a mix of equity and debt securities to provide capital appreciation and income generation. It's suitable for investors with a moderate risk appetite looking for a blend of growth and stability in their investment portfolio.
Quant ELSS Tax Saver Fund: This fund falls under the ELSS (Equity Linked Savings Scheme) category, offering tax benefits under Section 80C of the Income Tax Act. Quant ELSS Tax Saver Fund primarily invests in equity and equity-related instruments with the potential for long-term capital appreciation. It's suitable for investors looking to save tax while participating in the potential growth of the equity market.
PGIM India ELSS Tax Saver Fund: Similar to Quant ELSS Tax Saver Fund, PGIM India ELSS Tax Saver Fund is an equity-linked savings scheme aiming to generate long-term capital appreciation while providing tax benefits. It invests predominantly in equity and equity-related securities across market capitalizations. It's suitable for investors seeking tax-saving opportunities with exposure to the equity market.
Before investing in any fund, it's essential to consider factors such as your investment goals, risk tolerance, investment horizon, and past performance of the fund. Additionally, consult with a Certified Financial Planner to ensure that the selected funds align with your overall financial plan and objectives. Keep in mind that past performance is not indicative of future results, and diversification is key to managing risk in your investment portfolio.
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  |8285 Answers  |Ask -

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

Asked by Anonymous - Sep 16, 2023Hindi
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Dear Sir, I am 40 year old and I have following MFs. My goal are 50L for child marraige ( after next 10 years) and retirment fund 1 cr and monthly pension of 50k per month post retirement. I invest 2000 per month in each. Pls suggest Aditya Birla Sun Life Mfg Equity Fund - Aditya Birla Sun Life Tax Relief 96 - Reg - G Axis Bluechip fund Canara Robeco Emerging Eqities Canara Robeco Equity Tax Saver HDFC Gold Trader Fund Growth - Direct HDFC Tax saver ICICI Prudential Technology Fund - Growth 360 One Focused Equity Fund - Growth Mirae Asset Emerging Bluechip Fund - Growth Mirae Asset Tax Saver Fund G Motilal Oswal NASDAQ 100 ETF Parag Parikh Flexi Cap Fund Quant Tax Plan
Ans: Understanding Your Goals

You have two primary financial goals. First, Rs 50 lakhs for your child's marriage in the next 10 years. Second, Rs 1 crore for retirement along with a monthly pension of Rs 50,000 post-retirement.

Both these goals require careful planning and disciplined investing.

Assessing Your Current Portfolio

Your current investments are diversified across various equity mutual funds. This diversification is a good strategy for risk management.

You invest Rs 2000 per month in each fund. This consistent investment is a commendable approach.

Equity Mutual Funds

Equity mutual funds are great for long-term wealth creation. They have the potential for high returns, which is essential for meeting your financial goals.

However, actively managed funds can outperform index funds in certain market conditions. This is due to professional fund management, which can adapt to market changes.

Tax-Saving Funds

You have invested in tax-saving funds, which is beneficial for tax deductions under Section 80C. These funds also invest in equities and can offer good returns.

However, consider the lock-in period of three years. Ensure these investments align with your liquidity needs.

Sectoral Funds

Your portfolio includes sectoral funds, which focus on specific sectors like technology. These funds can deliver high returns but come with higher risks.

Diversify across sectors to manage risk effectively. Avoid over-concentration in any one sector.

Gold Funds

You have invested in gold funds, which add stability to your portfolio. Gold acts as a hedge against inflation and economic uncertainties.

However, gold should be a smaller portion of your portfolio as it does not provide regular income.

International Funds

International funds give exposure to global markets, which can offer diversification benefits. These funds can help mitigate risks related to domestic market downturns.

However, be mindful of currency risk and geopolitical factors that can impact returns.

Direct vs. Regular Funds

You have chosen some direct funds. Direct funds have lower expense ratios, leading to slightly higher returns.

However, regular funds offer the benefit of advice from a Certified Financial Planner (CFP). This guidance can be crucial for making informed decisions.

Rebalancing and Monitoring

Regularly review and rebalance your portfolio to stay aligned with your goals. Market conditions and personal financial situations change, requiring adjustments in your investments.

Consider consulting a CFP for professional advice on rebalancing.

Conclusion

Your current investments reflect a thoughtful approach towards achieving your financial goals. Continue with disciplined investing and regular reviews.

Ensure diversification across different types of funds to balance risk and returns. Seek professional advice when needed to stay on track.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

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Sushil

Sushil Sukhwani  |594 Answers  |Ask -

Study Abroad Expert - Answered on Apr 24, 2025

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Hello Sir. My Son has got offer from follwing University.. 1)University of Padua - Italy (BSC - Information Technology) - 3 years Course 2)University Of Strathclyde - UK (BSC - HON Computer Science) - 4 yrs 3)Caledonian University of Glassgow - UK (Bsc Hons Computing). 4 yrs 4) National College of Ireland (BSC - HON Computer Science Engg) - 4 yrs We are confused to select the university / country
Ans: Hello ASAD,

First and foremost, thank you for getting in touch with us. I am glad to know that your son has received offers from the above mentioned universities. As an answer to your query, I would like to tell you that a prestigious and budget-friendly education in a lively Italian environment, along with a reputable academic standing and lower living expenses is offered at the University of Padua; its 3-year BSC - Information Technology may also provide a quicker path to higher education or jobs. Coming to the University of Strathclyde, top-ranked in the UK for Computer Science, this university is renowned for its linkages with industry, research possibilities, as well as outstanding student services, offering robust employment opportunities. Next, situated in a student-centric city with budget-friendly costs in comparison to other cities in the UK, Glasgow Caledonian University focuses on hands-on, industry-focused learning with impressive graduate employment rates. The National College of Ireland provides a small, contemporary campus in Dublin with robust ties with the technology sector, internships, and employment prospects in one of Europe’s key technology hotspots.

Lastly, deciding which university and country to select depends on your son’s professional objectives, ideal learning atmosphere, budget, as well as plans for the future- whether he prefers a shorter course term, robust industrial connections, global exposure, or residing in a specific nation.

For more information, you can visit our website: www.edwiseinternational.com

You can also follow us on our Instagram page: edwiseint

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Nayagam P

Nayagam P P  |4455 Answers  |Ask -

Career Counsellor - Answered on Apr 24, 2025

Career
EWS category rank female 30065 suitable NIT IIIT GFTI admission getting sir 2025
Ans: Rajeswari, Here is, How to Predict Your Chances of Admission into NIT or IIIT or GFTI After JEE Main Results – A Step-by-Step Guide.

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
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 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, preparation strategies, and engineering career options, check out EduJob360’s 180+ YouTube videos on this topic!

Hope this guide helps! All the best for your admissions!

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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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