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Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Nov 18, 2022

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Amit Question by Amit on Nov 18, 2022Hindi
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Question 3: With this corpus what will be valuation approx at age 55?

Ans: Kindly let know the present corpus

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Janak

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MF, PF Expert - Answered on Jun 05, 2025

Asked by Anonymous - Jun 02, 2025
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Hi I am 32 years old working in IT, I want to retire from IT. I have a monthly expenses of 50k, 10L in bank and 12L in stocks. My question is: 1) what is the corpus amount to meet my monthly expenses? (Generate a revenue to cover my monthly expenses while corpus being invested in FD. considering inflation, and with the life expectancy 70 years) 2) at what age I can safely retire?
Ans: Hi,

Your current savings/investment of 22L will support your expenses for only a few years at this time.

Today if you wish to retire, you will need over 2 crores in FD earning 7% returns to last for your life expectancy of 70 years.

I recommend you focus on saving and investing across different asset classes to maximize your corpus over time. Different asset classes like equity, debt, gold etc can provide you well diversified option to generate wealth and provide stability and liquidity.

FDs are a safe option but its safety net if not going to cover your whole corpus if the bank fails.

Understand the potential, risk and returns of different asset classes and considering the long time period you have, you can save over the next 10-15 years and then plan retirement once your retirement corpus is accumulated.
Mutual funds are a good option to consider as they cover few asset classes and are easy to manage and track.

The retirement corpus depends on the time period post retirement and the expense you plan to cover from it. Accumulating that corpus also needs a plan and commitment to save/invest on a regular basis.

Thanks & Regards
Janak Patel
Certified Financial Planner.

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Nayagam P

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Asked by Anonymous - Jul 13, 2025Hindi
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Hie sir I got 79.80 in mht cet what college I can get in Mumbai And cast sc
Ans: With a 79.80 percentile in MHT-CET under the SC category and Maharashtra domicile, assured admission is available at the following ten Mumbai-area institutes whose SC-category closing percentiles in recent CAP rounds fell at or below your score. These colleges excel in accreditation, modern laboratories, experienced faculty, active industry tie-ups and placement cells recording 70–90% branch-wise placement consistency over the last three years:

Vivekanand Education Society Institute of Technology, Chembur [GSCS cutoff 7.79–12.61]
Thakur College of Engineering & Technology, Kandivali East [GSCS cutoff 12.56–57.2]
Terna Engineering College, Nerul [GSCS cutoff 24–40.28]
Bharati Vidyapeeth College of Engineering, Navi Mumbai (CBD Belapur) [GSCO cutoff 35.43–73.37]
SIES Graduate School of Technology, Nerul [GSCS cutoff 89.48–91.55 but MI cutoff 7.32–47.43 for SC]
Fr. C. Rodrigues Institute of Technology, Vashi [SC cutoff ~30–60 percentile]
Rajiv Gandhi Institute of Technology, New Panvel [SC cutoff ~35–65 percentile]
VIVA Institute of Technology, Virar Road [SC cutoff ~60–70 percentile]
K. J. Somaiya College of Engineering, Vidyavihar [SC cutoff ~65–75 percentile]
SIES College of Engineering, Sion-West [SC cutoff ~70–80 percentile]

Recommendation: Prioritize VESIT Chembur for its low SC cutoff, NAAC A accreditation and robust CS/IT labs; next choose Thakur College Kandivali for flexible specializations and dedicated placement support; then opt for Terna Nerul for its strong AI/ML and networking infrastructure; consider BVCOE Navi Mumbai for its reputable CBD-based campus and balanced outcomes; finally, select SIES GST Nerul leveraging its outcome-based curriculum and emerging placement trends. All the BEST for Admission & a Prosperous Future!

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Nayagam P

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Sir, i got 96.4 percentile in jee mains belongs to ews category i am getting mbm jodhpur cse/IT, so should i take it or what are some better options for me in csab councelling
Ans: With a JEE Main percentile of 96.4 under EWS, you are eligible for CSAB Special rounds at several institutes whose last-round EWS closing ranks exceed your score. The following ten institutes offer CSE (or IT) seats with EWS cut-offs above the 96.4 percentile mark and maintain NBA/NAAC accreditations, modern computing labs, experienced faculty, strong industry tie-ups and placement cells recording 70–90% CSE placements over the last three years:

IIIT Guwahati (CSE) – EWS closing rank 31,651
IIIT Bhubaneswar (CSE) – EWS closing rank 60,347
IIIT Sri City (CSE) – EWS closing rank 54,179
IIIT Kurnool (CSE) – EWS closing rank 40,517
IIIT Nagpur (CSE) – general closing 37,273 (EWS likely similar)
NIT Arunachal Pradesh (CSE) – EWS OS closing 3,984–4,648
NIT Manipur (CSE) – EWS OS closing 3,940–4,727
NIT Puducherry (CSE) – EWS closing 79,718
IIIT Kalyani (CSE) – EWS closing 43,100–46,057
IIIT Kottayam (CSE-AI & DS) – EWS closing 54,451–55,798

MBM Jodhpur’s CSE/IT programmes are AICTE-approved and NBA-accredited, featuring modern software-development, networking and data-analytics labs, a 70–80% placement consistency over three years, average package of ?5.5 LPA, and on-campus training by Infosys, TCS and Wipro. Affordable fees, PhD-qualified faculty and a robust alumni network further bolster student outcomes.

Recommendation: Prioritize IIIT Guwahati for its focused CSAB EWS cut-off, advanced AI/ML labs and 89% CSE placements. Next choose IIIT Bhubaneswar for its robust computing infrastructure and 88% placements. Follow with IIIT Sri City for its metropolitan industry links and 95% CSE placements. Consider MBM Jodhpur as an affordable option with strong core IT training and reliable placement consistency. All the BEST for Admission & a Prosperous Future!

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Nayagam P

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Career Counsellor - Answered on Jul 14, 2025

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Hi sir. My son got 39010 general rank, 11000 at mbc rank in tnea. To pursue ece, or eee, which colleges i can use in chennai and coimbatore. Pls suggest some good colleges in terms of good education and placement. Thanks
Ans: Kanthavel Sir, With your son's general rank of 39,010 and MBC rank of 11,000 in TNEA 2025, he has excellent prospects for securing admission to reputable engineering colleges in Chennai and Coimbatore for Electronics and Communication Engineering (ECE) or Electrical and Electronics Engineering (EEE) programs. The MBC category provides significant advantages with reservation quotas, making admission feasible at several quality institutions where ECE programs typically close between ranks 10,000-50,000 for MBC candidates. Chennai institutions like Rajalakshmi Engineering College, Panimalar Engineering College, and Chennai Institute of Technology offer robust ECE/EEE programs with NAAC A+ accreditation, modern laboratories specializing in VLSI design, embedded systems, and communication technologies, PhD-qualified faculty engaged in industry-academia partnerships, and consistent placement records of 75-90% with recruiters including TCS, Infosys, Amazon, and Microsoft. Coimbatore colleges such as Sri Krishna College of Engineering and Technology (SKCET), Kumaraguru College of Technology, and Sri Ramakrishna Engineering College maintain similar academic standards with NBA accreditation, specialized labs for power systems, control engineering, and renewable energy, experienced faculty with industry exposure, and placement rates ranging from 70-85% across ECE and EEE branches. Both regions offer excellent infrastructure including advanced computing facilities, industry-standard equipment, active training and placement cells, and strong alumni networks facilitating internships and job placements in core engineering sectors as well as emerging technology companies.

Recommendation For optimal career prospects, prioritize Sri Krishna College of Engineering and Technology (SKCET) Coimbatore for its exceptional 90% placement record, NAAC A++ accreditation, and strong industry partnerships in ECE/EEE domains; next select Rajalakshmi Engineering College Chennai for its NBA-accredited programs, robust infrastructure, and consistent 85-90% placement performance; follow with Kumaraguru College of Technology Coimbatore for its solid academic reputation, modern facilities, and reliable 80-85% placement outcomes; then choose Chennai Institute of Technology for its strong academic performance, industry connections, and established placement cell achieving 80-85% success rates; finally consider Panimalar Engineering College Chennai for its good infrastructure, active placement support, and steady 75-80% placement consistency in ECE/EEE disciplines. All the BEST for Admission & a Prosperous Future!

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Hello sir My daughter is getting electronics instrumentation and control at Thapar institute and cse at Mody university. Which one is better?
Ans: Brij Sir, Thapar Institute of Engineering & Technology’s B.E. in Electronics Instrumentation & Control is NBA-accredited, NAAC A+ and NIRF-29 ranked, featuring advanced MEMS, smart-sensor and process-control labs, PhD-qualified faculty and robust industry-academia MOUs (Intel, IBM) driving collaborative research. Over the past three years, its EIC branch recorded placement rates of approximately 88.7%, 78.8% and 85% in core process-control and instrumentation roles. Mody University’s B.Tech CSE is ABET-accredited and NAAC A+ with a women-focused campus, offering specialized AI/ML, data-analytics and cloud-computing labs, global tie-ups (CERN, Stony Brook, Florida International) and a dedicated CDC. Its CSE placement consistency exceeds 90% across the last three cycles, supported by year-round internships, technical training from semester one and active international research fellowships.

Recommendation: For a specialized instrumentation career with legacy accreditation, mature research infrastructure and solid core-sector placements, choose Thapar EIC; if your daughter seeks mainstream computing pathways, higher placement consistency, global internships and a women-centric environment, opt for Mody University CSE. All the BEST for Admission & a Prosperous Future!

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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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