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Sanjeev

Sanjeev Govila  |458 Answers  |Ask -

Financial Planner - Answered on Aug 21, 2023

Colonel Sanjeev Govila (retd) is the founder of Hum Fauji Initiatives, a financial planning company dedicated to the armed forces personnel and their families.
He has over 12 years of experience in financial planning and is a SEBI certified registered investment advisor; he is also accredited with AMFI and IRDA.... more
Srinivas Question by Srinivas on Aug 18, 2023Hindi
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top 10 mutual funds

Ans: Your question is incomplete. There are 48 categories of mutual funds and each one has its own 'top funds' over various time horizons.
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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Moneywize

Moneywize   |125 Answers  |Ask -

Financial Planner - Answered on Jan 03, 2024

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Which are the top-performing mutual funds in the current market? How do I know which mutual fund scheme suits my risk profile?
Ans: Determining the best mutual funds to invest in depends on various factors including your financial goals, risk tolerance, investment horizon, and market conditions. There isn't a one-size-fits-all answer as what might be the best for one person may not suit another.

Also, past market performance should not be the sole criteria for investing in market funds because such investments are subject to market risk.

But here’s a checkpoint to identify funds which match your risk profile:

• Understand Your Risk Tolerance: Assess how comfortable you are with the possibility of losing money in the short term. If you're comfortable with fluctuations for potentially higher returns, you might have a higher risk tolerance.
• Consider Investment Goals: Are you investing for retirement, short-term gains, or long-term wealth accumulation? Your goals will influence the type of funds you choose.
• Analyse Fund Characteristics: Look at factors like the fund's historical performance, expense ratio, asset allocation, and investment strategy. Funds that have performed consistently well might be worth considering.
• Diversification: Spread your investments across various asset classes (stocks, bonds, real estate, gold, silver, etc.) to mitigate risk.
• Consult a Financial Advisor: If you're unsure about your risk tolerance or which funds align with your goals, seek advice from a financial advisor.

Commonly, mutual funds are categorised based on risk profiles:

• Equity Funds: These are generally riskier but offer higher growth potential. They invest in stocks and are suitable for investors with a higher risk tolerance and a longer investment horizon.
• Debt Funds: These are less risky as they invest in fixed-income securities like bonds. They're suitable for investors with lower risk tolerance and those seeking steady income.
• Balanced/Hybrid Funds: These maintain a mix of stocks and bonds, offering a balance between growth and income. They can suit moderate risk tolerance.
• Index Funds: These replicate a market index (like the S&P 500), providing diversified exposure at lower costs. They tend to have moderate risk.

Each fund has its own risk level within these categories, so it's important to review the fund's prospectus and historical performance to align it with your risk tolerance.

Lastly, keep in mind that while historical performance can indicate a fund's potential, it's not a guarantee of future returns. Regularly reviewing your investments and adjusting them as your financial situation or goals change is essential.

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Nayagam P

Nayagam P P  |2566 Answers  |Ask -

Career Counsellor - Answered on Jul 27, 2024

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Sir my self krishna sir can't able focus on studies properly plz give some tips to study for more hours for jee
Ans: Krishna, adhere to the following Strategies/Tips/Steps:

(1) Whenever you study at home, study for 45-minutes. Then take a break of 10-minutes when you can move away from your study table, walk, have some water & relax. If you continue studying beyond 45-minutes, your concentration power will go down, resulting to low output. Most students commit this mistake.
(2) On daily basis (morning or evening whichever will be convenient to you), do yoga or meditation or physical exercises or play any games / sports for at least 30-45 minutes. This will further reduce your stress / distractions.
(3) Study tough topics / tough subjects (applicable to you) early morning with your fresh mind.
(4) Eat a lot of green vegetables / fruits which you can afford for & Avoid soft drinks/junk foods
(5) Every day night, before going to bed, revise whatever you have studied during the day.
(6) Also, revise every week whatever you have covered till date (here your short-notes which you should prepare will be helpful).
(7) Keep practising questions on topics which you have covered either offline or online
(8) Give utmost importance to wrongly answered / difficult / complicated / tough questions and have a separate note-book specially for this for each subject (PCM)
(9) You might be aware that JEE rank is allotted on the basis of highest score in Maths, followed by Physics & Chemistry. Practice more and more in Maths, till you reach Speed & Accuracy

(10) By December-January, attempt fully syllabus online test series, evaluate and analyse your performance such as,

(a) which topic / unit / concept you are weak which needs your revision and improvement as this will disturb you when you appear in actual JEE exam
(b) abnormal time taken to attempt any question which you can come to know from Online Test Series which you should reduce
(c) which questions you skipped and why?

(11) Please AVOID studying under pressure that you should get admission only into IITs/ NITs. Never advisable. Any one can be successful, even if he / she studies in NON-IIT / NON-NIT Colleges also.

(12) Have Plan B & Plan C for other Colleges Entrance Exams / Disciplines-Streams.
(13) Avoid comparing yourself with other students.

(14) Also, it is highly ideal to appear in / attempt\minimum 5-7 Entrance Exams (for both Govt & Private Engineering Colleges). You will have a lot of options (easiest method) to choose the best and most suitable one, keeping in view a lot of factors such as, College | Location | Your Interest | Stream Preference | Placement Records | College Culture | Your Short & Long Term Goals | Pressure You Can Go Through | Your AIR & Job Market Condition when you apply for your BTech & Even after.

I hope I have answered to your question with value additions. All the BEST for your Bright Future.

To know more on ‘ Careers | Education | Jobs’, ask / Follow Us here in RediffGURUS.

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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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