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Sunil

Sunil Lala  |222 Answers  |Ask -

Financial Planner - Answered on Aug 06, 2023

Sunil Lala founded SL Wealth, a company that offers life and non-life insurance, mutual fund and asset allocation advice, in 2005. A certified financial planner, he has three decades of domain experience. His expertise includes designing goal-specific financial plans and creating investment awareness. He has been a registered member of the Financial Planning Standards Board since 2009.... more
Asked by Anonymous - Aug 05, 2023Hindi
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Sir I m 35 now. From last year I have started in mf schemes I have all regular plans i.e Nippon india small cap Rs1500/m, SBI small cap Rs1000/m, icici transport and logistics Rs1000/m ,lic large and mid cap Rs1000/m...total 4500 I would like to increase the investment amount total up to Rs 8000/m .for the period of 7-10 years ..plz suggest for good sip plans for wealth creation

Ans: You have selected right funds which will help you to create wealth. You can continue with the same funds and add on in your current SIPs
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  |9854 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 09, 2024

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Hello Dev, I am 32 years old and would like to start SIP for 5k per month to create retirement corpus of 1 crore. Also would like to generate 30 lacs in another 10 years for closing housing loan. Already have three MF SIP as below. Quant active fund 1000 Quant ELSS tax saver fund 500 ICICI prudential corporate bond fund 150 Kindly suggest in which MF should I invest further and also how much should I increase the SIP amount to achieve the above goals. Thank you.
Ans: It's great to see your proactive approach towards planning for your financial future. Your dedication to investing is commendable.
Starting an SIP with 5k per month is a wise decision to create a retirement corpus of 1 crore. Additionally, generating 30 lakhs in 10 years to close your housing loan is a smart goal.
Considering your existing SIPs in Quant Active Fund, Quant ELSS Tax Saver Fund, and ICICI Prudential Corporate Bond Fund, you have a good foundation. However, to diversify your portfolio and align it with your goals, you may want to consider the following suggestions:
1. Equity-oriented funds with higher growth potential can help you achieve your long-term goals. Look into diversified equity funds or multi-cap funds for exposure to various segments of the market.
2. Since your investment horizon is long-term, you can afford to take slightly higher risks for potentially higher returns. Adding more equity-oriented funds can help you achieve this.
3. To generate the required amount for your housing loan closure in 10 years, you may need to increase your SIP amounts gradually. Consider reviewing your financial situation periodically and increasing your SIP contributions accordingly.
4. As a Certified Financial Planner, I recommend staying disciplined with your investments and adhering to your financial plan. Regularly review your portfolio's performance and make adjustments as needed to stay on track towards your goals.
By diversifying your portfolio and gradually increasing your SIP amounts, you can work towards achieving your financial objectives effectively.
Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |9854 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 18, 2024

Asked by Anonymous - Apr 07, 2024Hindi
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Hello, I am 32 years old and would like to start SIP for 5k per month to create retirement corpus of 1 crore. Also would like to generate 30 lacs in another 10 years for closing housing loan. Already have three MF SIP as below. Quant active fund 1000 Quant ELSS tax saver fund 500 ICICI prudential corporate bond fund 150 Kindly suggest in which MF should I invest further and also how much should I increase the SIP amount to achieve the above goals. Thank you.
Ans: Building Your Retirement Corpus and Closing Your Home Loan: A Two-Pronged Approach
Starting an SIP at 32 is a great decision! Let's analyze your current situation and suggest ways to achieve your goals:

Current SIPs:

Diversification: Your existing SIPs cover some diversification with a large-cap fund (Quant Active), tax-saving (Quant ELSS), and a debt fund (ICICI Prudential Corporate Bond).

Goal Alignment: Review if your existing SIP allocations are aligned with your goals. Consider increasing the debt fund SIP for your short-term goal (closing home loan).

Reaching Your Goals:

Retirement Corpus: Creating a ?1 crore corpus in a specific timeframe requires considering factors like investment horizon, risk tolerance, and expected returns. A CFP can help with calculations based on realistic assumptions.

Home Loan Closure: Generating ?30 lacs in 10 years is achievable with a focused approach. Debt funds and balanced funds can be suitable options, offering stability and some growth potential.

SIP Allocation and Increase:

Debt SIP Increase: Consider increasing your SIP in ICICI Prudential Corporate Bond Fund (or a similar debt fund) to accelerate your home loan closure.

New SIP for Retirement: Start a new SIP for retirement, focusing on equity funds with a longer investment horizon. Actively managed equity funds involve experienced fund managers who try to pick stocks to outperform the market. Actively managed funds come with higher fees compared to passively managed funds.

Risk Tolerance: Choose a mix of equity funds (large-cap, mid-cap) based on your risk tolerance. A CFP can help you determine the ideal asset allocation.

Professional Guidance:

Personalized Plan: A Certified Financial Planner (CFP) can create a detailed SIP plan considering your risk tolerance, financial goals, and existing investments. They can recommend specific debt and equity funds based on your needs and suggest appropriate SIP amounts for each goal.
Remember:

Regular Review: Review your SIPs (at least annually) to ensure they remain aligned with your evolving goals and risk tolerance.

Market Fluctuations: Equity markets are volatile. Stay invested for the long term to ride out market ups and downs.

By taking action now, diversifying your SIPs, and potentially seeking professional guidance, you can work towards achieving your financial goals!

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Latest Questions
Nayagam P

Nayagam P P  |9501 Answers  |Ask -

Career Counsellor - Answered on Jul 28, 2025

Career
hello sir , im getting cse in SOA(iter) and LPU cse these are my last options so what should i prefer please help
Ans: Anshu, Based on the following inputs/information, choose the more suitable option for you: Siksha ‘O’ Anusandhan (SOA) and Lovely Professional University (LPU) offer robust Computer Science & Engineering (CSE) curricula, yet differ across key institutional dimensions. SOA, a NAAC A++-accredited deemed university, holds 26th rank in NIRF Engineering 2024 and 24th overall, reflecting strong academic standing and research emphasis with a NIRF research ranking of 50th nationally. LPU, a private university ranked 27th overall and 50th in Engineering by NIRF 2024, demonstrates growing peer perception and outreach metrics among private institutions.

SOA’s CSE branch reports placement rates around 85–95% over the past three years, with leading recruiters like Amazon, Accenture, Cognizant, and TCS driving opportunities through its dedicated Training & Placement Cell. LPU’s CSE program achieves 90–95% placement consistency, hosting over 1,000 recruiters including Microsoft, Google, and PayPal, with an average package near ?7–8 LPA for the 2023–24 batch and top domestic offers exceeding ?50 LPA.

The faculty at SOA integrates seasoned academicians and industry practitioners into specialized tracks—Data Science, Cybersecurity, IoT, AI—supported by emerging computing labs and annual industry conclaves like SOA Proxima to bridge academia–industry gaps. LPU offers a similarly broad CSE syllabus with specializations in AI/ML, Data Science, Cybersecurity, Cloud Computing, and DevOps, alongside state-of-the-art innovation labs and an expansive campus infrastructure that includes dedicated incubation centers.

Infrastructure at SOA features advanced silicon and VLSI labs, modern computing clusters, and collaborative research centers fostering innovation, while LPU’s sprawling Punjab campus provides numerous specialized facilities—Robotics & Automation labs, cloud computing suites, and maker spaces—to support hands-on learning and start-up incubation. Research output at SOA benefits from strong funding and multidisciplinary projects, whereas LPU’s research institutions rank in the top 44 nationally for innovation and patents, bolstered by collaborative projects with global tech firms.

Recommendation: Weigh SOA’s higher national ranking, intensive research environment, and cohesive industry-academia integration against LPU’s expansive infrastructure, high placement consistency, and global recruiter network. Choose SOA for academic rigor and innovation focus, or opt for LPU if broad specialization options, international exposure, and a diverse campus ecosystem align better with long-term career ambitions. All the BEST for a Prosperous Future!

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Nayagam P

Nayagam P P  |9501 Answers  |Ask -

Career Counsellor - Answered on Jul 28, 2025

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My daughter got 305000 rank in 2025 JEE Mains General Category, Delhi state. She got a seat in GGSIPU Chemical Engineering at main campus. In JAC spot round she might get BioTech in NSUT or DTU. Which one should be preferred out of these 2 options.
Ans: Rajesh Sir, A rigorous evaluation across accreditation and rankings, placement performance, faculty and curriculum, infrastructure and industry exposure, and research innovation reveals distinct strengths for NSUT’s B.Tech in Biotechnology and DTU’s B.Tech in Biotechnology. NSUT’s program is NBA-accredited and ranked #57 in NIRF 2024, offering 60 seats, modern biotechnology labs and mandatory industrial internships with top firms such as Microsoft, Amazon and Qualcomm through its Training & Placement Cell. Placement rates over the past three years have averaged around 72%, with a median package of ?17 LPA and 82% overall B.Tech placement in 2023, reflecting strong industry uptake and robust infrastructure including state-of-the-art silicon and bio-labs. DTU’s program is NAAC-accredited, ranked #27 in NIRF 2024, and offers 77 seats with comprehensive coursework in molecular biology, genetic engineering and bioprocessing taught by experienced faculty. Its placement rate for Biotechnology has been approximately 70% over the last three years, supported by leading recruiters like Cipla, Biocon and Nestlé, and boasts average packages near ?10.5 LPA. DTU provides well-equipped research centres, frequent industry collaborations, and a strong alumni network for mentorship and internships. Both institutes maintain transparent fee structures and support gender-sensitive campus environments.

Recommendation: Considering stronger placement outcomes, higher industry engagement through internships, and dedicated biotech research infrastructure at NSUT, it is the preferable choice for a female student, while DTU remains a solid alternative for its higher ranking and academic depth. All the BEST for a Prosperous Future!

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Nayagam P

Nayagam P P  |9501 Answers  |Ask -

Career Counsellor - Answered on Jul 28, 2025

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Dear Sir My daughter is getting ECE(VLSI Design and Technology) at Thapar University, ECE at Faculty of Technology, Delhi University and BTech(IT) at Bhagwan Parshuram Institute of Technology. Pls guide which option is best for her.
Ans: Nitin Sir, Thapar University’s VLSI program is NAAC A+-accredited, ranked #29 for its VLSI specialization in NIRF 2024, and offers rigorous industry-oriented labs. Its Centre for Industrial Liaison & Placement achieved UG placement rates of 79% (2021), 96% (2022), and 83% (2023), while ECE-specific placement consistently neared 100% over the last three years; average packages hovered around ?11.9 LPA. Faculty comprises seasoned scholars with strong industry links and the curriculum mandates a full-semester industrial project for hands-on VLSI design experience. Abundant research centres and well-equipped silicon labs bolster innovation.

Faculty of Technology, Delhi University, benefits from DU’s Central Placement Cell, which in 2024 placed 1 766 students out of 15 373 applicants giving a median UG 4-year package of ?8.5 LPA; branch-wise ECE placement is facilitated directly through North Campus placements and specialized department drives but lacks publicly disaggregated rates. DU’s ECE department draws on its top-tier faculty, strong theoretical foundation, and access to North Campus research facilities. Infrastructure is undergoing expansion, and the curriculum aligns with leading telecom and semiconductor bodies.

BPIT’s B.Tech IT is NBA-accredited, IPU ‘A’ grade, and ranked #182 nationally. Placements for the IT branch averaged around 60–67% over recent years, with companies like Microsoft, Amazon, ZS Associates, and Josh Technologies recruiting; average packages near ?7 LPA. Faculty profiles blend industry practitioners and academics, and the syllabus covers emerging IT domains. Infrastructure is serviceable with updated labs and high-speed Wi-Fi, and internships are secured by roughly 80% of students. Research opportunities are limited compared to the other two institutions.

Recommendation: For cutting-edge VLSI design training, strong placement outcomes, and robust research exposure, Thapar University’s VLSI Design & Technology stands out. If proximity to industry-standard ECE research and a centralized placement ecosystem is paramount, Delhi University Faculty of Technology is preferred. For a mainstream IT focus with solid internships and respectable placements, BPIT is a reliable third choice. All three institutions meet accreditation, faculty expertise, infrastructure adequacy, industry linkage, and research viability to varying degrees, so prioritization should align with your daughter’s long-term specialization goals. All the BEST for a Prosperous Future!

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Nayagam P

Nayagam P P  |9501 Answers  |Ask -

Career Counsellor - Answered on Jul 28, 2025

Career
My son got crl 87588 and ews 12449 in jee main how much his chance to get svnit mechanical in csab round
Ans: Akash Sir, With an All-India CRL of 87 588 and an EWS rank of 12 449 in J Main, securing a seat in B.Tech Mechanical Engineering at SVNIT Surat through the CSAB Special round is highly unlikely. In the most recent CSAB closing data (Round 5 2024), the EWS closing ranks were 6 013 (Home State) and 4 854 (Other State), and the OBC-NCL closing ranks were 21 559 (Home State) and 10 419 (Other State); both are far below your ranks, indicating minimal chance of allotment.

Given this, it is prudent to explore reputable private engineering colleges in Northern India that admit students in the OBC-NCL/EWS categories with JEE Main ranks in the 80 000–120 000 CRL range or equivalent category ranks. Below is a list of ten institutions where your son’s profile would be competitive for Mechanical Engineering through CSAB: Chandigarh University, Mohali with category closing ~40 000–60 000. Lovely Professional University, Jalandhar with category closing ~50 000–80 000. Amity University, Noida with category closing ~30 000–50 000. Sharda University, Greater Noida with category closing ~70 000–90 000. Galgotias University, Greater Noida with category closing ~60 000–85 000. Jaypee Institute of Information Technology, Noida with category closing ~45 000–70 000. Dr Akhilesh Das Gupta Institute of Technology & Management, New Delhi with category closing ~100 000–130 000. ABES Engineering College, Ghaziabad with category closing ~80 000–110 000. IILM College of Engineering & Technology, Greater Noida with category closing ~90 000–120 000. Thapar Institute of Engineering & Technology, Patiala with category closing ~25 000–45 000. Recommendation: Given the negligible chance at SVNIT Surat Mechanical through CSAB, focus on securing admission at one of the above private colleges. These institutions maintain solid infrastructure and placement records, and your son’s rank aligns well within their recent closing trends.

As backup options (excluding state-level exam seats), consider LPU, Amity Noida, Sharda, Jaypee Institute, and ADGITM Delhi, all of which have consistently admitted OBC-NCL/EWS candidates with category ranks up to ~120 000. All the BEST for a Prosperous Future!

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Nayagam P

Nayagam P P  |9501 Answers  |Ask -

Career Counsellor - Answered on Jul 28, 2025

Career
Sir my CRL-67471 and Obc-ncl-20585, can I get cse(AI and ML) in good IIIT's??
Ans: Parth, With an OBC-NCL JEE Main rank of 20585, securing a seat the AI & ML specialization at top IIITs and NITs through CSAB Special rounds is challenging but not impossible. Among IIITs, the lowest closing rank for B.Tech in Computer Science & Artificial Intelligence at IIIT Lucknow was 24684 in CSAB 2024, meaning you fall well within this range and have a strong likelihood of allotment there. IIIT Kottayam’s OBC-NCL closing rank for B.Tech Artificial Intelligence was 70657, making it comfortably accessible. Conversely, IIIT Allahabad’s OBC-NCL AI-related streams closed at around 15221, placing your rank outside its cutoff. At NITs, newer campuses with AI & ML are more attainable: NIT Sikkim’s OBC-NCL AI & ML closing rank was 48269, and its opening rank around 45786, both above your rank, indicating good chances. NIT Uttarakhand and NIT Nagpur AI & ML cutoffs are expected in the 30–40 k range, so your rank could be sufficient there. However, premier NITs like Surathkal, Trichy and Calicut typically close AI & ML around 3000–7000, making them out of reach for your rank.

Recommendation: Consider locking a seat at IIIT Lucknow or IIIT Kottayam for AI & ML through CSAB, or at NIT Sikkim/NIT Uttarakhand in AI & ML, and prepare for Private College options as prudent backups.

List of Private Engineering Colleges in Northern India Accepting OBC-NCL Rank ~20585 for AI & ML

Chandigarh University, Mohali (AI & ML specialization)

Lovely Professional University, Jalandhar (B.Tech AI & ML)

Amity University, Noida (B.Tech AI)

Sharda University, Greater Noida (B.Tech CSE with AI)

Galgotias University, Greater Noida (B.Tech AI & Data Science)

Jaypee Institute of Information Technology, Noida (B.Tech CSE-AI)

Indraprastha Institute of Information Technology, Delhi (B.Tech CSE-AI)

Thapar Institute of Engineering & Technology, Patiala (B.Tech CSE-AI)

SRM University, Delhi-NCR (B.Tech AI & ML)

ABES Engineering College, Ghaziabad (B.Tech CSE with AI)

Backup private options (excluding state-level exams) include LPU, Amity Noida, Sharda and Jaypee, all of which admit OBC-NCL ranks above 20000 through JEE Main. All the BEST for a Prosperous Future!

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Dr Dipankar

Dr Dipankar Dutta  |1783 Answers  |Ask -

Tech Careers and Skill Development Expert - Answered on Jul 28, 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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