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Should I withdraw school fees from my 10 lakh investment, Mr. Ramalingam?

Ramalingam

Ramalingam Kalirajan  |8192 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Dec 23, 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
Anil Question by Anil on Dec 23, 2024Hindi
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Hi Mr. Ramalingam, Thank you very much for your response and time given. Withdrawing school fee from the invest of 10lakhs, is it a right approach? for the 1st 2-3 years I will try not to withdraw from this investment and I live in a tire 3 city Rajahmundry, Max. her education will be in the same place and I will try to add some more money to this investment after a year or so. Please suggest some funds in each category. Once again I thank you for the response. Thanks and Regards, Anil Kumar

Ans: Thank you for your follow-up. Withdrawing school fees from the returns of your Rs. 10 lakh investment is a reasonable approach. However, as education expenses grow over time, ensure your investments continue to grow to meet future needs.

Since you plan to avoid withdrawals for 2-3 years and might add funds, this allows your portfolio to compound further. For fund selection, I recommend reaching out to a Certified Financial Planner (CFP) like us or consulting a Mutual Fund Distributor (MFD). A professional can provide customised scheme-specific recommendations aligned with your goals and timelines.

Feel free to connect with us for detailed guidance.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment
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  |8192 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 05, 2024

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Hi Ramalingam Sir, I am 41 yrs old working in IT, looking for best investment for my children's education, 9 old girl, studying in 4th std- need to invest for 8 yrs 6 old boy, studying in 1st std- need to invest for 11 yrs My plan is to get 75 lakhs each when they reach 12th std, I am okay to invest 40 to 50k per month, pls advise
Ans: Given your investment horizon and target corpus for your children's education, it's important to adopt a disciplined and strategic investment approach. Here's a suggested plan:

Determine Risk Tolerance: Assess your risk tolerance and investment objectives to choose suitable investment options.

Asset Allocation: Allocate your investment across a mix of equity and debt instruments to balance risk and return potential.

Equity Investments: Consider investing a significant portion of your monthly contribution in equity-oriented mutual funds, such as diversified equity funds, large-cap funds, and balanced funds. These funds have the potential to deliver higher returns over the long term but come with higher volatility. Since you have a relatively long investment horizon, you can afford to ride out market fluctuations.

Debt Investments: Allocate a portion of your investment towards debt instruments like fixed deposits, debt mutual funds, or Sukanya Samriddhi Yojana for stability and capital preservation. Debt investments provide a steady income stream and help mitigate overall portfolio risk.

Systematic Investment Plan (SIP): Invest systematically through SIPs to benefit from rupee cost averaging and mitigate market volatility. Set up SIPs in the selected mutual funds based on your risk profile and investment goals.

Regular Monitoring and Review: Monitor your investments periodically and review your portfolio's performance. Make necessary adjustments to your investment strategy based on changing market conditions, financial goals, and risk tolerance.

Consultation with Financial Advisor: Consider consulting with a qualified financial advisor who can provide personalized guidance based on your specific financial situation, goals, and risk tolerance.

By following a disciplined investment approach and diversifying your portfolio across various asset classes, you can work towards achieving your target corpus of 75 lakhs for each child's education within the specified timeframe.

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Ramalingam

Ramalingam Kalirajan  |8192 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Dec 23, 2024

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I want to invest 10lakhs for my kids education(3months old right now) and withdraw school fee from the returns. I will try not to use this money for any other purpose. My plan is to invest this amount in liquid fund and start a STP to in Nifty 50 index fund(50%), midcap Momentum fund(25%), Small cap momentum fund(25%). I want to keep this money only for my kids education purpose only. please let me know whether this is good idea or not. if it is good idea, please suggest fund allocation is correct or not.
Ans: Your plan to invest Rs. 10 lakhs exclusively for your child’s education shows foresight and commitment. Let us assess your approach and suggest refinements for better alignment with your goals.

Assessment of Your Current Plan
Liquid Fund for STP
Using a liquid fund for the initial investment is prudent. It provides stability and ensures systematic allocation.

Allocation to Index Fund (50%)
An index fund like Nifty 50 has lower costs but lacks active management. Actively managed large-cap funds may deliver better returns during market fluctuations.

Midcap and Small Cap Momentum Funds (25% Each)
Momentum funds can be volatile and require careful monitoring. This allocation might expose your portfolio to higher risk. A balanced mix of midcap and small-cap funds is essential to manage volatility.

Education-Only Approach
Keeping this fund solely for your child’s education is wise. It ensures you stay focused on the goal.

Suggestions for Fund Allocation
Equity Mutual Funds for Growth
Allocate 40%-50% to actively managed large-cap funds. These funds provide stability and reasonable growth.

Midcap Funds for Higher Returns
Allocate 25% to midcap funds. These funds offer a balance between risk and growth.

Small-Cap Funds for Long-Term Growth
Allocate 15%-20% to small-cap funds. Small caps perform well over 7-10 years but are riskier.

Debt Funds for Stability
Allocate 10%-15% to a hybrid or debt fund. This ensures liquidity and lower portfolio risk.

Benefits of Actively Managed Funds Over Index Funds
Outperformance During Volatile Markets
Actively managed funds can outperform during downturns. They protect your investment from large market corrections.

Professional Management
Expert fund managers adjust portfolios based on market conditions. This enhances returns over time.

Customisation for Goals
Actively managed funds align better with specific financial goals like education.

Taxation Awareness
Gains from equity funds above Rs. 1.25 lakhs are taxed at 12.5%. Withdrawals should be planned to reduce tax liability.

Tax Implications
Liquid Fund Withdrawals
Interest from liquid funds is taxed per your slab rate. Limit unnecessary withdrawals to save on taxes.

Equity Fund Gains
Long-term capital gains over Rs. 1.25 lakhs are taxed at 12.5%. Avoid frequent redemptions.

Debt Fund Withdrawals
Debt funds are taxed per your income slab for short-term gains. Withdraw selectively to manage taxes effectively.

Regular Monitoring
Track Fund Performance
Review fund performance every six months. Replace underperforming funds if needed.

Adjust Allocations
Rebalance your portfolio annually. Adjust allocations to align with market changes.

Keep the Goal in Mind
Ensure all actions align with the purpose of funding your child’s education.

Emergency Provisions
Emergency Fund
Do not compromise your emergency fund for this investment. Ensure Rs. 3-6 lakhs are set aside.

Health Insurance
Ensure your health cover is adequate. This prevents dipping into your child’s education fund for medical needs.

Final Insights
Your commitment to securing your child’s education is admirable. Refining your plan with actively managed funds can improve returns and manage risks effectively. Regular reviews and disciplined investing will help you achieve your goal.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

..Read more

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Dr Nagarajan Jsk

Dr Nagarajan Jsk   |314 Answers  |Ask -

NEET, Medical, Pharmacy Careers - Answered on Apr 06, 2025

Asked by Anonymous - Apr 03, 2025Hindi
Career
Hello sir, Saranya from chennai. Doing final year B pharm. Heard about gpat from my friends How to do this entrance exam for joining pg course Please tell me if any other entrance exam is there for pg
Ans: Hi Saranya,

As you mentioned, many pharmacy graduates are considering the GPAT after completing their undergraduate studies in pharmacy. However, there are several more options available for pursuing a postgraduate degree in pharmacy today.

Here are the options for pursuing a PG in pharmacy:

1. GPAT: You can appear for the GPAT exam, and if you qualify, you will be eligible for a scholarship.

2. NIPER: You can also take the entrance exam for NIPER (National Institute of Pharmaceutical Education and Research) campuses, which include Ahmedabad, Guwahati, Hajipur, Hyderabad, Kolkata, Raebareli, and Mohali. Qualifying here also makes you eligible for a scholarship.

3. PG-CUET: A new option is the PG-CUET (Common University Entrance Test), which is being conducted by the NTA (National Testing Agency) under the Department of Higher Education.

4. Government Institutions: State governments will announce admission through advertisements. Admission will be based on marks or an entrance exam.

5. Deemed Universities: Some deemed universities offer admission through their own entrance exams.

Historically, GPAT and NIPER were the primary options for national-level aspirants. Starting from the academic year 2025-26, the NTA will also conduct the PG-CUET for national-level admissions.

I have included more details about the PG-CUET below.
PGCUET (CODE - SCQP23)
The Common University Entrance Test (CUET) is a National level Test conducted for admission into PG programmes in Central, State, and Participating Universities/ Institutions. The Common University Entrance Test CUET (PG) will provide a common platform and equal opportunity to candidates across the country, especially those from rural and other remote areas, and help establish better connections with the Universities. A single application form will enable the Candidates to cover a wide outreach and be part of the admission process to various Central and participating Universities. NTA has been assigned the responsibility of conducting the Common University Entrance Test (CUET).

Under Participating universities/instituttions are: Central and State Universities, Deemed and Private universities and Government institutuions.

Candidate must only select the test paper code. As the list of universities is dynamic and keeps on changing during the registration period.

A candidate can apply for two (02) Test Papers by paying the application fee (details mentioned at point 18).

A candidate can further apply for (02) additional Test Papers by paying additional application fees as applicable and maximum of four (04) test paper codes can be selected.

Mode of exam is CBT (Computer Based Test).
All Question Papers will be MCQ type. • Candidates can choose a maximum of four question paper codes. • The comprehension section in the General Paper will be available in either English or Hindi, based on the candidate's preference indicated during registration. • The duration of the Exam would be 90 Minutes. • The Question paper will have 75 Questions. • Four marks will be awarded for each correct answer and one mark will be deducted for each wrong answer.
• Language papers will be in the concerned language only.
• M.Tech/Higher Sciences will be in English only.
•Acharya papers will be in Sanskrit except for Hindu Studies, Indian Knowledge System, and Baudha Darshan.
• Humanities, Sciences, and Common papers would be bilingual (English and Hindi).
• The examination would be conducted in 2-3 shifts.
• The English version of the questions in all the question papers except languages and Acharya will be taken as final.

Syllabus: The Examination Syllabus will be uploaded on the Exam.

For the current year the examination dates (13.03.2025 to 31.03.2025) got over. iI THINK YOU HAVE MISSED IT. DONT WORRY. NEXT YEAR YOU CAN TRY OR YOU CAN ASSIST YOUR JUNIORS.

ADMISSION: Admissions will be handled at the level of each of the participating Universities for their respective programmes. After the declaration of the CUET(PG) 2025 results, the respective Universities will declare the counselling/admission schedule and merit list based on the CUET (PG) - 2025 score and any other criteria of participating universities. Please see the website of the concerned university for details regarding admission. There may be admission counselling by the universities with additional fees.

Applicants as per eligibility can apply for multiple test paper codes in one registration form. Candidates should not apply through duplicate or multiple forms, which may lead to the cancellation of all his/her Application Forms

CODE FOR PHARMACY: SCQP-23
SYLLABUS [POC, PIC, MATHS, OC - II, MICRO, APH (I&II), PHARM ENGINEERING, DCH PHARMACY, PHARM ANALYSIS (I -IV ), COGNOSY, CEUTICS-II, BIOCHEM, JURIS, COSMETICS, PHARM TECH, MED CHEM I-III, PHARMACOLOGY I-IV, BIOTECH, DRUG DESIGN, MARKETING, FOOD SCIENCE, QA, MANAGEMENT] HAS SHARED IN NTA WEBSITE.

THIS YEAR 57 INSTITUTIONS PARTICIPATED FOR THE SAID PURPOSE. NEXT YEAR THIS MAY INCREASE.

THE ADVANTAGES ARE NOT ONLY CAN PURSUE PHARMACY, APART FROM PHARMACY, YOU CAN PURSUE - DATA SCIENCE & AI, PUBLIC HEALTH, BIOINFORMATICS, PACKAGING TECH, ENVIRONMENTAL MANAGEMENT, GEOSPATIAL SCIENCE, PG DIP IN AI DIGITAL IMAGING, HEALTH CARE DATA, GEOINFORMATICS, PB-PHARMD, M.PHARM-PV, MSc- MICRO, MSc-NUTRITION, DIETICS.

I believe this information will be beneficial for your future education.

POOCHO. LIFE CHANGE KARO!

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Dr Nagarajan Jsk

Dr Nagarajan Jsk   |314 Answers  |Ask -

NEET, Medical, Pharmacy Careers - Answered on Apr 06, 2025

Asked by Anonymous - Mar 09, 2025Hindi
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Career
I am a 12th student now in state board of tamil Nadu and I am a government school student what is the minimum requirement for me to join mbbs in AFMC medical College
Ans: The following requirements are mandatory for admission to AFMC.

Age: 17-24yrs
Academic qualitfication: FIRST ATTEMPT with English, Physics, Chemistry and Biology/ Bio-technology taken simultaneously and securing not less than 60% of the aggregate marks in these three science subjects taken together and not less than 50% marks in English and 50% marks in each of the science subjects. They must have also passed an examination in Mathematics of the tenth standard.
Candidates seeking admission for MBBS course at AFMC Pune will have to mandatorily qualify the NEET UG 2024 Examination conducted by National Testing Agency (NTA). 11. Eligible candidates who are interested to join AFMC, Pune to pursue the MBBS course will have to mandatorily register and apply for AFMC, Pune on DGHS

The shortlisted candidates will be called for screening which comprises of Test of English Language and Reasoning (ToELR), Psychological Assessment Test (PAT), Interview and Medical Examination at AFMC, Pune.

ToELR & PAT - Test of English Language and Reasoning (ToELR) in the form of Computer Based Test (CBT) and also Psychological Assessment Test (PAT) to be conducted at AFMC, Pune only for candidates shortlisted for interview. (t) Written Examination Score - Score obtained in NEET (UG) 2024 (720 marks) added to ToELR Score (80 marks) divided by 4 to get a score out of 200. (u) Final Score - Written examination score (200 marks) + Interview marks (50 marks).

MEDICAL FITNESS: MANDATORY AS PER AFMC

ALL THE BEST

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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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