Home > Money > Question
Need Expert Advice?Our Gurus Can Help
Omkeshwar

Omkeshwar Singh  | Answer  |Ask -

Head, Rank MF - Answered on Nov 02, 2022

Mutual Fund Expert... more
Dharmesh Question by Dharmesh on Nov 02, 2022Hindi
Listen
Money

I have a SIPs in the following funds of Rs 20k. I want to create Rs 1 Cr corpus in 5-10 yrs. Current corpus is Rs 30 lakh. Please suggest the best option.

Aditya Birla Sun Life Equity Advantage Fund - Growth -- 1500

Aditya Birla Sun Life Pure Value Fund - Growth -- 3000

Axis Bluechip Fund - Regular Plan - Growth -- 1500

Franklin India Focused Equity Fund - Growth -- 2000

Franklin India Smaller Companies Fund - Growth -- 2000

HDFC Top 100 Fund - Growth -- 1500

Sundaram Mid Cap Fund - Regular Plan - Growth -- 2000

Aditya Birla Sun Life Tax Relief '96 - Growth -- 1500

Axis Long Term Equity Fund - Regular Plan - Growth --  2500

DSP Tax Saver Fund - Regular Plan - Growth -- 2500

Ans: To create a corpus of 1 crs (present corpus 30 lakh) in 10 years present SIPs Investment are sufficient.

Please continue

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.
Money

You may like to see similar questions and answers below

Sanjeev

Sanjeev Govila  | Answer  |Ask -

Financial Planner - Answered on Sep 20, 2023

Asked by Anonymous - Aug 25, 2023Hindi
Listen
Money
Hello I am 35 years old and want to generate a corpus fund of 4~5 cr in 15 years. My current SIP is 30k a month in the following: KOTAK SMALL CAP FUND - GROWTH - 2500 QUANT FLEXI CAP FUND REGULAR PLAN - GROWTH- 2500 TATA LARGE AND MID CAP FUND REGULAR PLAN GROWTH - 2500 UTI MASTERSHARE UNIT SCHEME - GROWTH PLAN - 2500 ICICI PRUDENTIAL INNOVATION FUND REGULAR PLAN GROWTH - 10000 UTI NIFTY 50 EQUAL WEIGHT INDEX FUND - REGULAR PLAN - 5000 GROWTH BANDHAN EMERGING BUSINESSES FUND REGULAR PLAN-GROWTH -1250 ADITYA BIRLA SUN LIFE GENNEXT FUND-GROWTH - 1250 TATA SMALL CAP FUND REGULAR PLAN GROWTH - 1250 SBI SMALL CAP FUND REGULAR GROWTH - 1250
Ans: After reviewing your portfolio, we propose that you discontinue your SIPs in Thematic Funds. Thematic funds are highly risky in nature and it is difficult to predict which sector will perform when and where, and begin your SIPs with funds that have proven past records. We also recommend that you keep a mix of equity and hybrid funds in your portfolio to ensure stability and recommend investing in various categories of equities mutual funds, i.e Large Cap, Mid Cap, Small Cap, and Flexi Cap. Investment across category provide proper diversification.

As you will require around 4-5 Cr in 15 years, we recommend you to increase your SIPs on yearly basis and It is recommendable to increase your SIPs by 5-10% every year as income grows. You can also invest some amount in Bulk when it is available with you such as yearly bonus, monthly or quarterly incentives etc.

We suggest you to maintain the discipline with your investments.
As it is said, “Successful investing takes time, discipline and patience”.

..Read more

Latest Questions
Janak

Janak Patel  |59 Answers  |Ask -

MF, PF Expert - Answered on Jul 15, 2025

Asked by Anonymous - Jul 12, 2025Hindi
Money
Hi.i am 40 years old.i have a son in std 3.my salary is 1.1 lac per month.i have 50 lakh fd.epf 2 lakh.liquid 2.5 lakh cash.pls suggest me for retirement
Ans: Hi,

You have about 15-20 years before retirement and that's a good time period to accumulate a good retirement corpus.

Your son's education will remain your priority during this period also. Assuming you can fund his education from your monthly income at least till his 10th/12 grade. You can decide on an amount for his graduation/post graduation that you want to provide to him. For example if you want to provide 10 lakhs when he is 18 years old, you will need to start investing a monthly SIP amount of 2000 in mutual funds assuming returns of 12%. So based on the amount required you can calculate the SIP amount required.

You have EPF of 2 lakhs which is not sufficient today but assuming you continue contributions and after 15 years this can be a considerable amount. But still may not be sufficient for retirement, so you can consider it as part of/contribution to your retirement.

So lets look at your FDs - you have 50 lakhs in FDs. Even at 7% interest on them you are not going to beat inflation as you will need to pay tax on the interest income.
This money has a potential to earn better returns and not just beat inflation, but also create a retirement corpus which can be sufficient for 20 years (this depends on your expenses also).

If you split this 50 lakhs and keep 5 lakhs in FDs for emergencies, you can invest the remaining 45 lakhs to create a good corpus.
If you invest 45 lakhs in Mutual funds and assuming a return of 12% over 15 years, you will have a corpus of approx. 2.70 crores.
With 15-20 years for retirement, you have an advantage to achieve your goals.

Though these numbers may look good now, they have to be evaluated with all other parameters like your monthly expenses, other goals in life, Son's education needs etc.

I recommend you consult a CFP or a fee based advisor and discuss all aspects towards a financial plan that will cover Retirement and all other goals. The Plan will help you better prepare for the future and provide alternatives and options and a clear roadmap towards achieving them. It will also cover aspects of health and life insurance.

Thanks & Regards
Janak Patel
Certified Financial Planner.

...Read more

Nayagam P

Nayagam P P  |8831 Answers  |Ask -

Career Counsellor - Answered on Jul 15, 2025

Career
Hello,i would like to know my college options on the basis of my mht cet score of 92 (domicile student) percentile and jee 91 percentile general category in maharashtra can anyone give few suggestions of any tier 2 colleges?
Ans: Apoorvadeep, With a 92 percentile in MHT CET (General?Home State) and a 91 percentile in JEE Main (General), you are well?positioned for admission to several reputable tier-2 institutions across Maharashtra. All listed colleges are AICTE-approved, NBA/NAAC-accredited, feature modern computing labs, experienced faculty, strong industry collaborations and placement cells with 75–90 percent branch-wise placement consistency over the past three years.

Colleges accessible via MHT CET counselling at 92 percentile:
Thakur College of Engineering and Technology, Kandivali East, Mumbai. Rajiv Gandhi Institute of Technology, Andheri West, Mumbai. Vidyalankar Institute of Technology, Wadala, Mumbai. Xavier Institute of Engineering, Mahim, Mumbai. Vivekananda Education Society’s Institute of Technology, Chembur, Mumbai. Atharva College of Engineering, Malad, Mumbai. Ramrao Adik Institute of Technology, Nerul, Mumbai. Bharati Vidyapeeth College of Engineering, Kharghar, Navi Mumbai. Sardar Patel College of Engineering, Andheri West, Mumbai. K. J. Somaiya Institute of Technology, Vidyavihar, Mumbai. MIT World Peace University, Kothrud, Pune. Pimpri Chinchwad College of Engineering, Pune. Vishwakarma Institute of Technology, Bibwewadi, Pune. Sinhgad College of Engineering, Vadgaon, Pune. AISSMS College of Engineering, Shivajinagar, Pune.

Colleges accepting 91 percentile in JEE Main through JOSAA/CSAB (All-India seats):
Indian Institute of Information Technology, Pune. Visvesvaraya National Institute of Technology, Nagpur. VNIT also admits via JEE Main. MIT World Peace University, Pune (All-India seats). G. H. Raisoni College of Engineering, Nagpur (All-India quota).

Recommendation: Prioritise Thakur College of Engineering and Technology, Kandivali East, Mumbai for its balanced curriculum, robust AI/ML labs and consistent 88% placement rate. Next, select MIT World Peace University, Kothrud, Pune for multidisciplinary exposure and strong All-India seat admissions. Then opt for Vidyalankar Institute of Technology, Wadala, Mumbai for its dedicated computing infrastructure. Follow with Pimpri Chinchwad College of Engineering, Pune for its industry tie-ups and reliable placements, and finally choose Indian Institute of Information Technology, Pune for a centrally recognised All-India JEE-admission pathway enhanced by smaller cohorts and focused research projects. All the BEST for Admission & a Prosperous Future!

Follow RediffGURUS to Know More on 'Careers | Money | Health | Relationships'.

...Read more

Ravi

Ravi Mittal  |617 Answers  |Ask -

Dating, Relationships Expert - Answered on Jul 15, 2025

Asked by Anonymous - Jul 15, 2025Hindi
Relationship
Hi Mr Ravi. My wife has this annoying habit of coming in the way of my friends. Whenever I step out of home, she will call me back with some excuse. She wants to know where I go, who I meet. If I tell her she doesn't let me meet my friends. Naturally, I have become secretive now. I only tell her that I am stepping out. I don't tell her where, or who I meet. I have stopped calling my friends home. I have tried telling her to go and hang out with her friends but she won't do that either. I don't understand why she wants me around all the time. Is it wrong to hang out with friends after marriage? How do I make her explain?
Ans: Dear Anonymous,
I understand it must be tough, and you are right, there’s nothing wrong with hanging out with friends. But I would suggest looking into how much time you are giving them and how much time you are spending with your wife. I am not accusing you of anything; this is just the first step. Reflecting on your own actions so that you are clear it’s no way your fault. Next, please try having an open discussion with her to understand what is making her so insecure. This is a clear sign of insecurity. It might give you an idea of what is going on in her mind, and how this can be fixed.

I understand that it is frustrating and feels unfair, but it is important to also understand what’s going on in your partner’s mind that’s making her feel the need to act this way. If it’s reasonable, there should be an easy solution. If her reasoning sounds self-centred, then you have a strong chance of trying to explain why it’s not fair. But without knowing, if you continue being secretive, it is only going to end up doing irreparable damage to your relationship.

Hope this helps.

...Read more

Nayagam P

Nayagam P P  |8831 Answers  |Ask -

Career Counsellor - Answered on Jul 15, 2025

Career
Hello...my daughter is getting chemical in manipal ,CS in GTB and chemical in USICT .which one to choose?
Ans: Rachna Madam, Manipal Institute of Technology’s B.Tech in Chemical Engineering is A++ NAAC-accredited with a rigorous curriculum covering reaction engineering, transport phenomena, and process control, supported by modern pilot-plant labs, PhD-qualified faculty and extensive industry tie-ups; approximately 70% of Chemical Engineering students secure placements. Guru Tegh Bahadur Institute of Technology’s B.Tech in Computer Science & Engineering, affiliated to GGSIPU, offers a balanced curriculum in algorithms, data structures and AI fundamentals delivered through seven computing labs, experienced faculty and a Training & Placement Cell; around 75% of CSE students are placed, with an average package near ?6.5 LPA. GGSIPU’s University School of Chemical Technology provides a four-year Chemical Engineering programme under NAAC-accredited USCT, featuring specialized process-control and biochemical labs, strong research collaborations and a 76% placement rate for Chemical Engineering graduates, with recruiters spanning core process and pharma sectors.

Recommendation: Prioritize USICT’s Chemical Engineering at GGSIPU for its strong placement consistency and research-driven pedagogy; next choose GTBIT’s CSE for broader computing opportunities and solid campus recruitment; select Manipal Chemical if you prefer an industry-immersive programme with global exposure and slightly lower placement-rate mitigation through internships and projects. All the BEST for Admission & a Prosperous Future!

Follow RediffGURUS to Know More on 'Careers | Money | Health | Relationships'.

...Read more

Nayagam P

Nayagam P P  |8831 Answers  |Ask -

Career Counsellor - Answered on Jul 15, 2025

Asked by Anonymous - Jul 15, 2025Hindi
Career
Vit Chennai Data Science or Nit Trichy Metallurgy,which one is the best?
Ans: VIT Chennai’s B.Tech in Computer Science & Engineering (Data Science) is NAAC A++-accredited, offers a 120-seat AI-driven curriculum with hands-on labs in machine learning, big-data analytics and cloud computing, delivered by PhD-qualified faculty. Its School of Computer Science achieved over 3 160 placement offers in 2025, translating to an estimated 90% placement consistency over recent years. National Institute of Technology, Tiruchirappalli’s B.Tech in Metallurgical and Materials Engineering is NBA-accredited, features a 160-credit flexible curriculum covering thermodynamics, extractive metallurgy, materials characterization and advanced electives in additive manufacturing and biomaterials, supported by state-of-the-art metallurgical and testing labs. The MME branch recorded placement rates of 83.3%, 81.7% and 79% in the last three years, averaging around 81% consistency. Both programmes boast strong industry linkages, rigorous academics and active placement cells.

Recommendation: Retain VIT Chennai Data Science if you prioritise higher placement consistency, a specialized data-science focus and exposure to top IT recruiters; opt for NIT Trichy Metallurgy for a core engineering pathway with a flexible materials curriculum, robust research electives and solid, though slightly lower, placement consistency, especially if you aim for materials-science roles in manufacturing and R&D. All the BEST for Admission & a Prosperous Future!

Follow RediffGURUS to Know More on 'Careers | Money | Health | Relationships'.

...Read more

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.

Close  

You haven't logged in yet. To ask a question, Please Log in below
Login

A verification OTP will be sent to this
Mobile Number / Email

Enter OTP
A 6 digit code has been sent to

Resend OTP in120seconds

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus
Sign up

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

Enter OTP
A 6 digit code has been sent to Mobile

Resend OTP in120seconds

x