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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Nov 03, 2022

Mutual Fund Expert... more
Amit Question by Amit on Nov 03, 2022Hindi
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4) Mutual funds (SIP of total 50k monthly across below funds):

1. SBI focused equity: 5.6 lakh and monthly SIP of 9500
2. Axis bluechip: 8.6 lakh and monthly SIP of 9500
3. Axis midcap: 1.7 lakh and monthly SIP of 8500
4. Mirae asset largecap: 7 lakh and monthly SIP of 9500
5. Mirae asset emerging bluechip: 60k and monthly SIP of 3000
6. PGIM india flexicap: 3.5 lakh and monthly SIP of 10k
7. Canara robeco bluechip equity: 2.4 lakh, no SIP

Ans: This can grow up to Rs. 2 crs

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 20, 2024

Asked by Anonymous - Apr 16, 2024Hindi
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Please suggest five mutual funds for long term investment through SIP @8000 pm per fund
Ans: Investing in mutual funds through SIPs is a wise strategy for long-term wealth accumulation. Let's explore five mutual funds suitable for your investment objective.

Understanding Investment Goals
Before selecting funds, it's crucial to understand your investment goals, risk tolerance, and time horizon. This ensures alignment with your financial objectives.

Appreciating Your Initiative
Kudos to your initiative in planning for long-term investments through SIPs. Starting early and staying consistent is key to achieving financial success.

Evaluating Fund Options
When selecting mutual funds for SIP investment, consider factors such as fund performance, consistency, fund manager expertise, and investment philosophy.

Benefits of Actively Managed Funds
Actively managed funds offer several advantages over passive index funds, including:

Professional Management: Skilled fund managers make strategic investment decisions.
Market Adaptability: Funds can adjust to market conditions to optimize returns.
Outperformance Potential: Actively managed funds have the potential to outperform passive funds over the long term.
Recommended Mutual Funds
Large Cap Equity Fund: Provides stability and growth potential by investing in large, established companies with a track record of performance.

Mid Cap Equity Fund: Offers higher growth potential by investing in mid-sized companies with strong growth prospects.

Multi Cap Equity Fund: Provides diversification across large, mid, and small-cap stocks, offering exposure to different segments of the market.

Balanced Advantage Fund: Offers a balanced approach by dynamically managing asset allocation between equity and debt based on market conditions.

Sectoral or Thematic Fund: Invests in specific sectors or themes poised for growth, providing opportunities for higher returns but with higher risk.

Monitoring and Review
Regularly monitor the performance of your mutual funds and review your investment strategy periodically. Adjust allocations as needed based on changes in financial goals, market conditions, and risk tolerance.

Conclusion
Selecting the right mutual funds for SIP investment is crucial for long-term wealth creation. By choosing funds aligned with your investment goals and risk profile, staying disciplined with SIP contributions, and regularly reviewing your portfolio, you can achieve your financial objectives.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

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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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