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Is Investing Rs. 2,000/month in ABB and Siemens SIP a Good Strategy?

Ramalingam

Ramalingam Kalirajan  |9569 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 16, 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
Asked by Anonymous - Jul 01, 2024Hindi
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Dear Sir, I have started stock SIP in two stocks, ABB and Siemens for an amount of 2 thousand per month, I started this last year. Please advice if I can continue the same....and for how long?

Ans: You have started stock SIPs in ABB and Siemens, investing Rs 2,000 per month. This began last year.

Risk Assessment

Investing in individual stocks can be risky. Stock performance can be volatile, and it requires constant monitoring.

Disadvantages of Direct Stock SIPs

Direct stock SIPs need detailed knowledge and tracking. Without professional guidance, it can be challenging to manage risk and returns effectively.

Benefits of Mutual Fund SIPs

Mutual fund SIPs offer diversification. They spread risk across multiple stocks and sectors. Professional management ensures better monitoring and adjustments.

Recommendations

Consider Mutual Fund SIPs: Shift your investment to mutual fund SIPs. This provides professional management and reduces individual stock risk.

Professional Management: A Certified Financial Planner (CFP) can help choose the right funds. This aligns with your financial goals and risk appetite.

Final Insights

Direct stock SIPs can be risky and require active management. Switching to mutual fund SIPs offers diversification and professional management. Consult a Certified Financial Planner to optimize your investment strategy.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
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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Hello sir, I have started SIP in motilal oswal Nasdaq 100 of 100 fund since last 6 months. Should I continue with this?
Ans: Hello Vaibhav,

Firstly, it's essential to assess your investment goals, risk tolerance, and the suitability of the investment in your portfolio. The Motilal Oswal Nasdaq 100 Fund offers exposure to some of the largest and most innovative companies listed on the Nasdaq Stock Market, providing an opportunity for diversification and potential growth.

Considering you've been investing in the fund for the past six months, it's a good start to evaluate its performance against your expectations and the broader market trends. While short-term fluctuations are common in the stock market, analyzing the fund's performance relative to its benchmark index and peers can offer valuable insights.

Additionally, review the fund's investment strategy, portfolio composition, and expense ratio to ensure they align with your investment objectives and risk profile. Regular monitoring of your investments is crucial to adapt to changing market conditions and make necessary adjustments to your portfolio.

Ultimately, the decision to continue with your SIP in the Motilal Oswal Nasdaq 100 Fund should be based on your long-term financial goals, investment horizon, and comfort level with market volatility. If the fund continues to meet your expectations and remains in line with your investment strategy, it may be prudent to stay invested.

However, if you have concerns about the fund's performance, changes in your financial situation, or shifts in your investment objectives, it's advisable to reassess your investment strategy and consult with a qualified financial advisor to explore alternative options.

Remember, investing is a journey that requires careful planning, patience, and periodic review. I encourage you to stay informed, stay focused on your goals, and make decisions that align with your financial aspirations.

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JSPM Narhe Technical Campus, Narhe, Pune

Pimpri Chinchwad College of Engineering, Nigdi, Pune

D.Y. Patil Institute of Technology, Pimpri, Pune

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MIT Academy of Engineering, Alandi, Pune

Piramal Foundation College of Engineering, Pune

PVG’s College of Engineering & Technology, Pune

Sinhgad College of Engineering, Vadgaon, Pune

JSPM Rajarshi Shahu College of Engineering, Tathawade, Pune

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I got 85.2 percentile in mhtcet and 74 percentile in jee...i belong to uttar pradesh can u suggest me good College of pune, mumbai i can get cse in ?
Ans: Vanshika, With an 85.2 percentile in MHT-CET and being from Uttar Pradesh (non-Maharashtra category), you have guaranteed admission opportunities at several reputable private engineering colleges offering Computer Science & Engineering in Mumbai and Pune. As a non-Maharashtra candidate, you fall under the All India quota, which typically has slightly higher cutoffs than Maharashtra State quota seats. However, multiple quality institutions maintain cutoffs well above your percentile range, ensuring confirmed admission. These colleges feature accredited curricula, experienced faculty, modern computing labs, robust placement cells achieving 70-90% placements over the past three years, and strong industry partnerships.

Mumbai CSE Colleges: Thadomal Shahani Engineering College, Bandra (cutoff ~75-80 percentile); Vidyalankar Institute of Technology, Wadala (cutoff ~78-82 percentile); Shah & Anchor Kutchhi Engineering College, Chembur (cutoff ~80-84 percentile); Thakur College of Engineering & Technology, Kandivali East (cutoff ~81-85 percentile); Fr. Conceicao Rodrigues College of Engineering, Bandra (cutoff ~82-85 percentile); Atharva College of Engineering, Malad (cutoff ~80-83 percentile); SIES Graduate School of Technology, Nerul (cutoff ~83-85 percentile); Bharati Vidyapeeth College of Engineering, Navi Mumbai (cutoff ~84-86 percentile).

Pune CSE Colleges: D.Y. Patil College of Engineering, Akurdi (cutoff ~80-84 percentile); Pune Vidyarthi Griha's College of Engineering, Pune (cutoff ~82-85 percentile); MIT Academy of Engineering, Alandi (cutoff ~81-84 percentile); Pimpri Chinchwad College of Engineering, Akurdi (cutoff ~83-86 percentile); JSPM's Rajarshi Shahu College of Engineering, Tathawade (cutoff ~82-85 percentile); All India Shri Shivaji Memorial Society's Institute of Information Technology, Pune (cutoff ~84-87 percentile); Indira College of Engineering & Management, Pune (cutoff ~83-86 percentile).

Recommendation: Prioritize Thadomal Shahani Engineering College, Bandra, Mumbai for its strong industry connections, consistent placement momentum exceeding 85%, and comprehensive CSE infrastructure with modern AI/ML labs. Alternatively, select D.Y. Patil College of Engineering, Akurdi, Pune for its excellent faculty-student ratio, robust 80% placement consistency in CSE, and active corporate partnerships. As backup options, consider Vidyalankar Institute of Technology, Wadala, Mumbai for its established tech-industry recruitment network or MIT Academy of Engineering, Alandi, Pune for its specialized computing facilities and growing placement trends in software development roles. All the BEST for Admission & a Prosperous Future!

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Nayagam P

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Sir, my jee rank crl is 191000 and obc 65k. I am getting iiit manipur cse with specialisation and bit mesra patna and deoghar off campus in csab rounds. I am also getting csvtu cse specialisation in the same. I am also getting iet lucknow chemical engineering in aktu along with kiet, akgec, gl bajaj, lucknow university amd iert allahbad cse core in aktu. Sir pls help me choose the best college in terms of placements, coding culture, internships etc.
Ans: Aarushi, Based on your available options, here's a comprehensive evaluation covering placements, coding culture, and internship opportunities across all institutions, considering your specific preferences as a female student seeking strong technical exposure:

IIIT Manipur CSE with specialization in Senapati (Imphal, Manipur) offers excellent technical foundations with PhD faculty from IITs and international collaborations with University of Colorado, NUS Singapore, and IIT Guwahati. The institute achieved 84% CSE placement in 2024 with the highest package reaching ?40 LPA, while maintaining strong coding culture through active participation in Smart India Hackathons and competitive programming contests organized by Coding Ninjas. BIT Mesra Patna campus in Bihar provides CSE programs with 75% placement rates and ?17.5 LPA average package for CSE, supported by 185 companies including Microsoft, Google, and Goldman Sachs. BIT Deoghar off-campus in Jharkhand achieved 63.12% placement with ?15.5 LPA highest package and strong industry connections. CSVTU CSE specialization in Bhilai (Chhattisgarh) offers 70% placement rates with ?4-20 LPA range and recruiter participation from TCS, Microsoft, and Wipro. IET Lucknow Chemical Engineering reports 50% branch-specific placement rates with ?8.2 LPA overall average, while IERT Allahabad CSE maintains 97.2% placement with ?6 LPA average across all branches. Among private colleges, KIET Ghaziabad leads with 77.39% placement, ?60 LPA highest package, and 341 companies visiting, followed by AKGEC Ghaziabad achieving 78% placement with ?55 LPA top package, while GL Bajaj Greater Noida secures 88.4% UG placement with ?58 LPA highest offer.

Recommendation: Prioritize IIIT Manipur CSE specialization for its superior coding culture through hackathons and competitive programming, excellent technical mentorship from IIT PhD faculty, strong international research collaborations, and impressive 84% placement with ?40 LPA peak offers. Alternatively, choose KIET Ghaziabad for its robust 77% placement momentum, extensive industry network of 341 companies, and comprehensive pre-placement training programs. Consider BIT Mesra Patna as third option for its established brand value, 75% CSE placement consistency, and access to prestigious recruiters like Microsoft and Google, providing strong technical exposure and career advancement opportunities. All the BEST for Admission & a Prosperous Future!

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Nayagam P

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Career Counsellor - Answered on Jul 09, 2025

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Sir can you please rank IIIT Allahabad ECE , Gwalior EEE, Lucknow CSE+specialization, Jabalpur CSE and Kanchipuram CSE
Ans: Nishita, Evaluating the five IIIT programs reveals distinct strengths across faculty quality, research infrastructure, placement consistency, academic standards, and industry recognition. IIIT Lucknow in Uttar Pradesh offers B.Tech CSE with specializations including AI, business, and cybersecurity, achieving a remarkable 96.17% placement rate in 2025 with the highest package at Rs.145 LPA and the average at Rs.33.71 LPA, supported by 45+ PhD faculty and specialized research labs. IIIT Allahabad in Uttar Pradesh provides B.Tech ECE with strong electronics curriculum, NIRF rank #87 in Engineering 2024, 93% placement rate with highest Rs.121 LPA and average Rs.25.78 LPA, backed by globally-recognised faculty and research publications. IIITDM Jabalpur in Madhya Pradesh delivers CSE with design-manufacturing focus, over 60 PhD faculty, 71.8% placement rate with highest Rs.122 LPA international (?110 LPA domestic) and average Rs.19.27 LPA UG, featuring robust industry collaborations and 13 CSE department faculty. IIIT Gwalior (IIITM) in Madhya Pradesh offers EEE with 100% PhD faculty strength and 80–90% placement rates, with the highest at Rs. 65 LPA and an average of Rs. 20.56 LPA, supported by research-intensive programs and a diverse recruiter base. IIITDM Kancheepuram near Chennai provides CSE with design specialization, over 80 PhD faculty from IITs, 73% placement rate with highest Rs.32 LPA and average Rs.9.37 LPA, though experiencing declining trends from 97% in 2022.

Recommendation: Prioritize IIIT Lucknow CSE for its exceptional 96% placement rate, highest average packages, comprehensive specialization options, and strong industry linkages; follow with IIIT Allahabad ECE for its prestigious NIRF ranking, established reputation, and solid core electronics foundation; consider IIITDM Jabalpur CSE for its unique design-manufacturing focus and international placement opportunities; opt for IIIT Gwalior EEE for its 100% PhD faculty strength and research excellence; and rank IIITDM Kancheepuram CSE last due to declining placement trends despite strong academic credentials and faculty qualifications. All the BEST for Admission & a Prosperous Future!

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