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

Ramalingam Kalirajan  |9461 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Nov 04, 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 - Oct 30, 2024
Money

I just turned 25 and I had always been interested in finance. I learned through years of content watching and reading that starting investment at my age would prove to be beneficial for my retirement. Currently my income is 50k/month of which my spends are 10k/month. I live alone. How should I start or plan for my retirement in 30 years ( then age 55 years)? Advice would be much appreciated.

Ans: Starting investments early is a powerful step for retirement planning. You’ve built strong financial awareness at a young age, which sets a solid foundation for wealth creation. Let’s explore a detailed plan that maximizes growth potential over the next 30 years.

Building Your Investment Foundation
With 40,000 rupees available each month, you’re well-positioned to build a diversified portfolio. A steady, strategic plan will help create a robust retirement corpus by age 55.

Allocate Funds Wisely
A diversified approach will allow you to balance growth and stability. Here’s a suggested allocation to optimise your wealth over time:

Equity Mutual Funds (60%): Equities can generate significant long-term returns and beat inflation. Invest in a mix of large-cap, mid-cap, and small-cap funds. Diversifying across these helps balance risk and reward.

Debt Mutual Funds (20%): Debt funds provide stability and mitigate risk, especially during market downturns. They are an essential counterbalance to equities, offering steady growth with reduced volatility.

Gold and Precious Metals (5-10%): Metals add a layer of security to your portfolio. Gold has a track record of maintaining value and serves as a hedge during economic uncertainties.

Multi-Asset Funds (5%): These funds spread investments across equities, debt, and sometimes commodities, offering diversified returns. Multi-asset funds offer moderate growth with managed risk, making them a beneficial addition.

Cash Reserves or Emergency Fund (5-10%): Setting aside funds for emergencies is crucial. Keep at least six months’ expenses in a savings account or liquid fund to handle unexpected costs without disrupting your investments.

Benefits of Choosing Actively Managed Funds
While index funds track the market, they lack the potential for outperformance. Actively managed funds can potentially generate higher returns by adjusting to market conditions. Fund managers in actively managed funds can identify growth opportunities and mitigate risks. This active approach is especially useful over a 30-year horizon, where adapting to changing economic conditions is essential.

Importance of Regular Funds
Direct funds may seem economical, but regular funds offer key benefits when investing through a certified professional. A Certified Financial Planner (CFP) can help with fund selection, performance tracking, and rebalancing, aligning your investments with your retirement goals. This guidance can optimize your returns over time, making regular funds a valuable choice.

Tax Efficiency and Retirement Planning
Understanding tax implications is vital for effective retirement planning. Here’s how taxes apply to mutual funds:

Equity Funds: Long-term capital gains (LTCG) above Rs. 1.25 lakh are taxed at 12.5%. Short-term capital gains (STCG) are taxed at 20%. Investing in equity mutual funds aligns with tax efficiency, as gains accumulate over the long term.

Debt Funds: LTCG and STCG in debt funds are taxed according to your income tax slab. Since your income may rise over the years, consider the tax impact and invest with a view to minimize taxable events.

Tax-efficient investing and strategic withdrawals will help protect your wealth from tax erosion, especially closer to retirement.

Systematic Investment Plan (SIP): The Power of Consistency
Initiating SIPs is an effective way to build wealth. By investing consistently, you benefit from rupee-cost averaging, which reduces the impact of market volatility. Additionally, disciplined SIPs cultivate financial habits, helping you stay committed to your retirement goals.

Portfolio Review and Rebalancing
Conduct an annual review to ensure your portfolio remains aligned with your goals. As you approach retirement, gradually increase your allocation to debt and safer assets to preserve your gains. Rebalancing allows for adjustments based on market performance, economic shifts, and personal financial changes.

Steps to Establish Your Retirement Strategy
Set Clear Goals: Define your retirement lifestyle expectations and desired monthly income at age 55. This will help calculate a realistic corpus goal.

Invest Monthly: Allocate 60% of your savings towards SIPs in growth-oriented funds, with a preference for actively managed equity funds.

Build an Emergency Fund: Keep six months’ expenses as cash reserves to avoid dipping into your investments during emergencies.

Monitor and Adjust: Review your portfolio annually and consult a Certified Financial Planner (CFP) for expert advice. Adjust your allocations as needed.

Stay Consistent: Keep up with your SIPs and make incremental increases when possible to boost your long-term growth.

Explore Goal-Based Investments: If you have intermediate goals like buying a home, consider separate investments for those needs, keeping your retirement portfolio dedicated to long-term growth.

Final Insights
You’ve made a smart decision by beginning your retirement planning early. With disciplined investing and strategic allocation, you can build a substantial retirement corpus by age 55. Focusing on growth while balancing risk will ensure that you’re prepared for a comfortable retirement.

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.
Money

You may like to see similar questions and answers below

Ramalingam

Ramalingam Kalirajan  |9461 Answers  |Ask -

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

Listen
Money
I am 24 year old and started working couple of months ago. I earn around 70K/ per month and don't have any loans yet. How do I start investing for retirement?
Ans: congratulations on starting your career! It's impressive that you're already thinking about investing for retirement at the age of 24.

Starting early gives you a significant advantage through the power of compounding.

Understanding Retirement Planning
Retirement planning is about ensuring you have enough funds to maintain your lifestyle after you stop working.

Starting early helps you build a substantial retirement corpus.

Setting Clear Goals
First, define your retirement goals.

Consider the lifestyle you want and the amount you might need to maintain it.

Assessing Your Financial Situation
You earn ?70,000 per month and have no loans.

This is a good position to start investing.

Creating a Budget
Create a budget to manage your expenses and savings.

Aim to save at least 20-30% of your income for investments.

Emergency Fund
Before investing, build an emergency fund.

This should cover 3-6 months of your living expenses.

Systematic Investment Plan (SIP)
SIP is a disciplined way to invest in mutual funds.

It allows you to invest a fixed amount regularly.

Benefits of SIP
Rupee Cost Averaging: SIPs help average out the purchase cost over time.

Compounding: Regular investments leverage the power of compounding.

Discipline: SIPs ensure you invest regularly without market timing.

Choosing the Right Funds
Equity Mutual Funds: These are suitable for long-term growth and higher returns.

Debt Funds: Include these for stability and lower risk.

Balanced Funds: These combine equity and debt for moderate risk and returns.

Benefits of Actively Managed Funds
Higher Returns: Skilled fund managers aim to outperform the market.

Flexibility: Managers can adjust portfolios based on market conditions.

Diversification: Actively managed funds often have a well-diversified portfolio.

Disadvantages of Index Funds
Limited Flexibility: Index funds track an index strictly, limiting flexibility.

No Outperformance: They aim to match, not outperform, the index.

Market Cap Bias: These funds are heavily weighted towards large-cap stocks.

Disadvantages of Direct Funds
Lack of Guidance: Direct funds lack the expert advice provided by MFDs with CFP credentials.

Holistic Planning: Regular funds ensure a comprehensive financial plan.

Steps to Start Investing
Set Clear Goals: Define your retirement goals and investment horizon.

Risk Assessment: Assess your risk tolerance to choose suitable funds.

Choose Funds: Select a mix of equity, debt, and balanced funds.

KYC Compliance: Complete the mandatory KYC process for mutual fund investments.

Start SIP: Decide the SIP amount and start investing in chosen funds.

Monitoring and Adjusting Your Investments
Regular Review: Periodically review your investment portfolio.

Adjustments: Make necessary adjustments based on performance and goals.

Stay Informed: Keep yourself updated with market trends and news.

Importance of Consulting a Certified Financial Planner
Personalized Advice: A CFP provides tailored investment strategies.

Holistic Planning: They consider your entire financial situation and goals.

Expert Guidance: Benefit from their expertise and market knowledge.

Diversification and Rebalancing
Diversification: Spread your investments across different asset classes.

Rebalancing: Periodically rebalance your portfolio to maintain the desired asset allocation.

Conclusion
Starting your retirement planning now will ensure a secure and comfortable future.

Remember to stay disciplined and review your investments regularly.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |9461 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 09, 2024

Asked by Anonymous - Jul 09, 2024Hindi
Money
I am 29 years old.My current salary is 35 k per month. My total savings include 1.5 lakhs in FD's. 10 lakh in MF & 2 lakh in stocks. How do i plan my investments further so that i can comfortably retire by the age of 55?
Ans: Planning for a comfortable retirement by 55 is achievable with a systematic approach. Your current savings are a solid foundation. Let's build on that to ensure a secure future.

Understanding Your Current Financial Situation
Your current salary is Rs. 35,000 per month. You have Rs. 1.5 lakhs in fixed deposits (FDs), Rs. 10 lakhs in mutual funds (MFs), and Rs. 2 lakhs in stocks. This is a good starting point for your age.


You've done a commendable job by investing in mutual funds and stocks. It's clear you're forward-thinking and proactive about your financial future. Let's optimize your strategy to ensure you reach your retirement goals.

Setting Clear Financial Goals
To retire comfortably by 55, you'll need a clear roadmap. Consider these steps:

Define your retirement corpus.
Establish your monthly expenses post-retirement.
Determine your risk tolerance.
Emergency Fund
Before diving into investments, ensure you have an emergency fund. Ideally, this should cover 6-12 months of your expenses. It acts as a financial cushion during unforeseen circumstances.

Increasing Savings and Investments
Given your current salary, it's crucial to allocate a portion towards savings and investments. Aim to save at least 20% of your income. As your salary increases, try to increase this percentage.

Fixed Deposits (FDs)
FDs are safe but offer lower returns compared to other investments. Consider keeping a portion of your emergency fund in FDs for safety. For long-term growth, we need to explore higher-yield options.

Mutual Funds
Mutual funds are a powerful tool for long-term wealth creation. They offer diversification and professional management. Here’s a detailed look at mutual funds and their benefits:

Categories of Mutual Funds
Equity Mutual Funds: These invest in stocks and have the potential for high returns. They come with higher risk but are suitable for long-term goals like retirement.

Debt Mutual Funds: These invest in fixed-income instruments like bonds. They offer stable returns with lower risk, suitable for short to medium-term goals.

Hybrid Mutual Funds: These invest in a mix of equity and debt. They balance risk and return, making them suitable for medium-term goals.

Advantages of Mutual Funds
Diversification: Mutual funds spread investments across various assets, reducing risk.

Professional Management: Managed by experts who make informed investment decisions.

Liquidity: Easy to buy and sell, providing flexibility.

Compounding: Reinvested earnings generate more income, accelerating growth over time.

SIPs - Systematic Investment Plans
Investing in mutual funds through SIPs is an excellent strategy. It instills discipline and averages out market volatility. Allocate a portion of your monthly savings to SIPs in different mutual fund categories:

Equity SIPs: For long-term growth.

Debt SIPs: For stability and short-term goals.

Stocks
Your current investment in stocks shows you're willing to take calculated risks. Continue investing in stocks, but ensure it's within your risk tolerance. Diversify across different sectors to minimize risk.

Regular vs. Direct Mutual Funds
Investing through a Certified Financial Planner (CFP) in regular mutual funds can offer benefits over direct funds. Here’s why:

Expert Guidance: A CFP provides personalized advice, helping you choose the right funds.

Convenience: They handle the paperwork and transactions.

Regular Monitoring: They keep track of your investments and suggest changes if needed.

Asset Allocation and Rebalancing
A balanced portfolio is key to managing risk and optimizing returns. Here’s a suggested allocation based on your profile:

Equity: 60%

Debt: 30%

Others (Gold, etc.): 10%

Rebalance your portfolio annually to maintain this allocation. This involves selling assets that have performed well and buying those that haven’t, keeping your risk level constant.

Risk Management
Understand your risk tolerance. As you age, your ability to take risks decreases. Gradually shift from high-risk investments (like stocks) to lower-risk ones (like debt funds) as you approach retirement.

Tax Planning
Maximize your tax savings by investing in tax-saving instruments like Equity Linked Savings Schemes (ELSS). These offer tax benefits under Section 80C and also provide market-linked returns.

Power of Compounding
Start early and invest regularly. Compounding works wonders over long periods. Reinvest your earnings to generate more returns, significantly growing your wealth over time.

Retirement Corpus Calculation
Estimate your retirement corpus considering inflation and your lifestyle. Use online retirement calculators or consult a CFP for accurate projections. Ensure your corpus can sustain your desired lifestyle post-retirement.

Regular Reviews and Adjustments
Regularly review your investment portfolio. Adjust based on market conditions, personal goals, and changing circumstances. Stay updated with financial news and trends to make informed decisions.

Health and Life Insurance
Ensure you have adequate health and life insurance. They protect your savings from unexpected medical expenses and provide financial security to your family.

Investment Discipline
Stay disciplined and avoid impulsive financial decisions. Stick to your investment plan and don’t let market fluctuations affect your strategy.

Building a Passive Income Stream
Consider building passive income streams through dividends, interest, or rental income. This can supplement your retirement corpus and provide financial stability.

Financial Education
Continuously educate yourself about financial planning and investment strategies. Read books, attend seminars, and follow financial experts to stay informed.

Final Insights
Your journey to a comfortable retirement by 55 requires careful planning and disciplined execution. You’ve already made commendable progress with your current investments. By following these steps and regularly reviewing your strategy, you can achieve your financial goals. Remember, consistency and patience are key. Consult a Certified Financial Planner for personalized advice and to ensure you’re on the right track.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Ramalingam

Ramalingam Kalirajan  |9461 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jan 20, 2025

Asked by Anonymous - Jan 12, 2025Hindi
Listen
Money
Hello Sir I am currently 30 years old I have no savings at all also I haven’t invested anywhere .. I wish to have at least 30 crore INR as a retirement corpus fund at the age of 60 .. where should I start and how much should I start saving or investing.. I am looking to start investing or saving from the age of 36 as I am still pursuing my higher studies.
Ans: Planning for a Rs 30 crore corpus is a bold and visionary goal. This shows your ambition for a financially secure retirement. To achieve this, disciplined planning and consistent action will be essential.

Three factors will influence your success:

Time available for investment (24 years from age 36 to 60).

Your investment strategy and allocation.

Rate of return on your investments.

It is also commendable that you are starting to plan early. This provides a clear advantage.

Importance of Starting Early
Starting early offers compounding benefits. The earlier you invest, the longer your money grows. Although you plan to start at 36, preparing now will help you save more efficiently.

While you're pursuing studies, focus on financial knowledge. Learn about wealth creation and disciplined investing.

Understanding Your Current Situation
Your current financial status includes:

No savings or investments yet.

Time to complete higher studies.

A six-year gap before beginning savings.

This situation calls for structured financial planning starting immediately.

Suggested Steps to Prepare
Step 1: Gain Financial Knowledge

Learn about mutual funds, equity, debt instruments, and other investment options.
Understand risk and reward in different financial instruments.
Step 2: Estimate Your Monthly Investment Needs

Begin calculating how much you will need to save monthly from age 36.
Factor in inflation, expected returns, and the goal amount of Rs 30 crore.
Step 3: Enhance Your Earning Potential

Focus on career advancement to increase your income post studies.
Higher earnings will help you save and invest more aggressively.
Step 4: Build Financial Discipline Early

Even before age 36, aim to save small amounts from any available income.
Practice setting aside a fixed percentage of income for future investment.
Action Plan at Age 36
Once you start earning, follow a focused investment strategy. A diversified portfolio can maximise returns and manage risks.

Prioritising Mutual Fund Investments
Mutual funds offer flexibility, professional management, and growth potential.

Actively managed funds can outperform index funds. Experienced fund managers aim for higher returns.

Avoiding Direct Funds
Direct funds may lack guidance for new investors.

A Certified Financial Planner can help optimise returns through regular funds.

Regular funds through MFDs come with expert advice and periodic review.

Diversified Asset Allocation
Allocate funds between equity, debt, and gold based on risk tolerance.

Higher equity allocation in early years can boost growth.

Gradually shift towards safer instruments as you approach retirement.

Tax Efficiency in Investments
Keep the new mutual fund capital gains taxation rules in mind.

Long-term capital gains (LTCG) above Rs 1.25 lakh are taxed at 12.5%.

Short-term capital gains (STCG) are taxed at 20%.

For debt mutual funds, gains are taxed as per your income slab.

Plan investments in a way to minimise tax liability and maximise returns.

Building Contingency and Insurance
Before starting investments:

Build a contingency fund of 6-12 months' expenses.

Secure health and life insurance for family protection.

Regular Review and Rebalancing
Periodically review your investment portfolio.

Rebalance asset allocation to match changing goals and market conditions.

Consult your Certified Financial Planner regularly for updates.

Final Insights
Achieving a Rs 30 crore retirement corpus is possible with determination. Begin with structured planning and financial discipline. Post-36, invest systematically and review your progress regularly.

The journey may seem challenging but is highly rewarding. Your foresight and commitment will ensure financial independence in retirement.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

..Read more

Moneywize

Moneywize   | Answer  |Ask -

Financial Planner - Answered on Feb 06, 2025

Asked by Anonymous - Feb 06, 2025Hindi
Listen
Money
I am 34 years old and have no savings or EMIs. I live with my parents and earn Rs 35,000 a month with an annual bonus of Rs 18,000. I want to retire at 50 and settle in my home town. What is the best way for me to plan and invest for my retirement?
Ans: To achieve your goal of retiring at 50 and settling in your hometown, the key is to start investing early and developing a disciplined savings strategy. Here's how you can plan:
1. Determine Your Retirement Corpus
• To retire at 50, you need to calculate how much you’ll need to live comfortably. Consider your current lifestyle and future expenses.
• You can aim for a corpus that supports 70-80% of your pre-retirement income annually. For example, if you plan to need Rs 50,000 per month (Rs 6 lakh annually) in retirement, you'll need a corpus of Rs 1.5 to Rs 2 crore, depending on the duration of your retirement.
2. Build an Emergency Fund
• Set aside an emergency fund of 3-6 months of living expenses. This provides financial security in case of unexpected situations. You can keep this fund in a high-interest savings account or liquid mutual funds.
3. Invest in Retirement-Specific Instruments
• Public Provident Fund (PPF): PPF is a great long-term investment for retirement due to its tax benefits and safety.
• National Pension Scheme (NPS): NPS is another good option that offers both equity and debt exposure. It's designed for retirement and provides tax benefits.
• Mutual Funds: Start a Systematic Investment Plan (SIP) in equity mutual funds (consider a mix of large-cap, mid-cap, and hybrid funds) for higher returns over the long term. Even though mutual funds come with some risk, they can offer substantial growth over time.
4. Invest in Stocks (for higher returns)
• If you're comfortable with higher risk, you can invest in individual stocks or equity mutual funds to generate wealth. Ensure to do thorough research before investing or consider opting for managed portfolios if you're new to investing.
5. Keep Your Expenses Low
• Since you live with your parents and don’t have major expenses, this is an opportunity to save a significant portion of your income. Consider saving and investing 30-50% of your monthly income in the beginning.
6. Automate Your Investments
• Set up automatic monthly transfers into your investment accounts (like SIPs in mutual funds) to ensure consistent investing.
7. Maximize Tax Benefits
• Contribute to tax-saving instruments like ELSS (Equity Linked Savings Schemes), PPF, and NPS to reduce your taxable income.
• For long-term capital gains, keep in mind the tax exemptions and favorable tax rates for certain investment vehicles like PPF and NPS.
8. Increase Investment with Income Growth
• As your salary increases over the years, make sure to increase your investment amount accordingly. If you receive additional bonuses or increments, allocate a portion of them to your retirement fund.
9. Diversify Your Portfolio
• Diversification can help manage risk. Apart from mutual funds, PPF, and NPS, you could consider investments in gold or real estate if suitable for your situation.
10. Track and Rebalance Your Portfolio
• Regularly review your portfolio and rebalance it based on your retirement goals and market conditions. It’s also important to monitor inflation rates and adjust your goals accordingly.
Example Plan (Rs 35,000/month income):
• Monthly Savings (30% of income): Rs 10,500
• Bonus (Annually): Rs 18,000, invest 50% of it (Rs 9,000)
• Total Monthly Investment: Rs 10,500 + Rs 750 (bonus contribution) = Rs 11,250
• Invest in equity mutual funds via SIP: Rs 8,000
• PPF: Rs 2,000
• NPS: Rs 1,250
Potential Returns:
Assuming a return of 12% per annum from equity investments, you could accumulate a substantial corpus over time. If you start early, even small, consistent investments can lead to significant wealth.
Key Takeaways:
• Start investing early to take advantage of compounding.
• Aim to save and invest a portion of your income regularly.
• Focus on building a retirement-specific portfolio with tax-saving benefits.
• Gradually increase your savings as your income grows.

..Read more

Latest Questions
Ramalingam

Ramalingam Kalirajan  |9461 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 08, 2025

Money
Property question: I have purchased the flat in March 2022 under construction in Mumbai. In the agreement LUC i.e. Land under construction tax should be borne by customer is mentioned. Builder didn't mention any amount in the cost sheet regarding the same. Now along with Final demand letter suddenly builder is asking us to pay LUC tax which is Rs. 5.2 lakhs. I learned that supreme court has already issued order stating LUC collection is illegal and immoral. But builder is paying any heed towards it. Need legal advice here.
Ans: Background of the LUC (Land Under Construction) Tax Issue
You bought a flat in March 2022 in Mumbai.

The agreement states LUC tax to be paid by buyer.

No amount was mentioned in the cost sheet.

Now the builder is suddenly demanding Rs. 5.2 lakhs.

This was not disclosed earlier in cost estimation.

You found court orders say this tax is illegal.

The builder is ignoring those court judgments.

You feel pressured and want a solution.

You are right to ask for clarification.

Let’s break it down and resolve this fully.

Legal Position Around LUC Tax
Supreme Court has given a judgment on this matter.

It has clearly said this LUC tax is illegal.

Also ruled it is immoral to collect such tax.

Property tax should be based on current development status.

Not on future building potential or FSI value.

So tax based on “possibility to construct more” is wrong.

Builders cannot shift such taxes to buyers.

Even if written in agreement, it can’t override court order.

Buyer protection comes from central and state laws too.

Builder’s Demand – Why It’s Wrong Legally
Builder cannot suddenly impose Rs. 5.2 lakhs extra.

Especially if not in original cost sheet.

Courts have struck down such demand by many builders.

Even if agreement says buyer pays, it can be challenged.

Builder hiding LUC amount violates transparency norms.

It amounts to unfair trade practice.

It is also breach of buyer’s trust and contract.

What You Should Do Now
1. Issue Legal Notice Immediately
Send a strong legal notice to the builder.

Mention that this tax is declared illegal.

Say builder must withdraw demand within 7–10 days.

This builds a solid legal case foundation.

Use a lawyer for drafting if possible.

2. Approach RERA
RERA is the best platform in property matters.

File a complaint stating builder’s non-disclosure and illegal demand.

Ask for directions to cancel LUC demand.

You can also seek penalty for mental harassment.

RERA acts fast and strongly in such cases.

3. File Complaint in Consumer Forum
Consumer forum protects home buyers like you.

It allows you to file complaint for unfair charges.

Demand refund if already paid or order to cancel.

Also ask for compensation and legal cost.

You can represent yourself without lawyer if needed.

4. Don’t Pay the Rs. 5.2 Lakhs
Until court or RERA gives order, don’t pay.

If builder forces withhold of possession, show legal notice.

Possession delay can be added to complaint later.

No legal ground supports this tax today.

Why You Are on the Right Side
Law is fully in favour of buyers now.

Builders using fear and lack of awareness to collect.

Supreme Court ruling is final and binding on all.

Even municipal corporations have accepted the court ruling.

Thousands of Mumbai buyers already fought and won.

You are well within your rights to resist.

How to Strengthen Your Legal Position
Collect all agreement papers and cost sheet copy.

Take screenshot or letter of builder demand.

Keep all payment receipts if anything already paid.

Save email or communication where builder mentioned LUC.

Present all these before RERA or consumer forum.

With proper documentation, you will win easily.

If You’re Afraid of Possession Being Withheld
Builder cannot deny possession if all dues paid.

LUC tax is not a valid due now.

If they hold keys, file complaint immediately.

Attach it with your legal notice too.

Delay in giving possession is punishable by RERA.

Your Next 30-Day Action Plan
Day 1 to 7: Draft and send legal notice.

Day 8 to 15: File RERA complaint online or physically.

Day 15 to 20: Also file in consumer forum as parallel route.

Day 20 to 30: Collect more flat owners with same problem.

Group action adds weight before authority and media.

Real-Life Cases Have Been Fought and Won
Buyers got full refund for paid LUC tax.

Courts fined builders for harassment and misuse.

Builders dropped demands when shown legal orders.

You are not alone in this situation.

Every buyer has legal shield now.

Extra Tips to Handle This Smartly
Never argue verbally with builder staff.

Always write or email with record.

Don’t sign any final demand letters blindly.

Join hands with others in your project.

Legal cost can be shared in group case.

Finally
Don’t fear the builder’s demand.

You have court rulings supporting you.

Act legally, not emotionally.

File complaints and send notice.

Don’t pay illegal tax demand.

Legal system will support you fully.

Your rights as a buyer are protected.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

...Read more

Ramalingam

Ramalingam Kalirajan  |9461 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 08, 2025

Asked by Anonymous - Jul 05, 2025Hindi
Money
Hello Sir/Mam. I have a question related to investment in equity mutual fund.My wife and I both comes under zero percent tax bracket but we both do job and there is chance that in future we both can come in tax slab. I want to invest in equity mutual fund for long term around 18 years or more.there is long term capital gain tax applicable on these fund on redemption.does there is any saving of tax if I invest in these mutual fund on my mom or dad names because they will always remain in 0 percent tax slab?
Ans: It shows your care for long-term wealth creation. You are considering legal ways to reduce tax outgo on mutual fund investments. That is a good initiative. But this kind of decision needs to be taken only after checking all angles. Let’s analyse your situation with full clarity and depth.

Your Objective Is Clear and Appreciated

You plan to invest in equity mutual funds.

Your goal is to invest for 18 years or more.

You and your wife are working now.

Currently in the 0% income tax slab.

In future, you may enter taxable slabs.

You want to know if investing in your parents’ names helps save capital gain tax.

It is thoughtful that you want to plan for future tax impact today.
That foresight is good and appreciated.

Let’s now analyse the idea of investing in parents’ names from all angles.

Capital Gains Tax Rules for Equity Mutual Funds

You mentioned correctly about capital gain tax on equity mutual funds.

Here’s how tax works now:

If you redeem after one year, it is called Long Term Capital Gain.

LTCG above Rs.1.25 lakh in a financial year is taxed at 12.5%.

Short Term Capital Gains (sold within one year) are taxed at 20%.

This tax is applied only on profits, not on total amount withdrawn.
So yes, tax saving is possible if you plan redemptions wisely.

Will Investing in Parents’ Name Help Save Tax?

At first glance, yes, investing in parents’ names may help reduce tax.
Because your parents are always expected to be in 0% tax bracket.

But we must not see only one side.
Let’s assess other angles also.

Benefits If Done Properly

If fund is held in your parent's name, then capital gain tax is calculated for them.

If they are below taxable slab, and LTCG is below Rs.1.25 lakh, no tax is payable.

Even above that, tax may be saved by spreading redemptions.

So yes, technically, this can help reduce tax legally.

But this only works if you follow all rules and documentation carefully.

Risk of Clubbing Provisions

Income tax law has a rule called “Clubbing of Income”.
This applies when you gift money to someone but control remains with you.

In your case, if:

You invest in mutual fund in your mother or father’s name,

But you keep control and benefit from that investment,

Then income tax department can “club” the income in your hands.

So capital gain will be added to your taxable income.
Then your tax saving plan may fail completely.

However, clubbing does not apply when you gift money to parents.
It applies only when gifting to spouse or minor child.

So in your case, clubbing of income will not apply if gifted to parents.
That gives one green signal to this idea.

But still, only gifting is not enough. More care is needed.

Ownership and Control Must Match

Even if clubbing does not apply, ensure these conditions:

Money should be gifted clearly to your parent.

Gift deed can be done, even if not registered.

The mutual fund folio should be in their name.

They must be primary and only holder of folio.

PAN, bank account, KYC should be in their name.

All transactions and redemptions should go through their bank account.

They should be aware of the investment.

If all these are followed, then the ownership is clean.
Then capital gain will be taxed in their hands.
That way, your tax-saving strategy will be strong and correct.

Practical Challenges You Must Understand

Though tax saving is possible, there are some practical challenges:

If your parents are not financially savvy, they may not track the fund properly.

You may need to support them in documentation, signatures, redemptions.

If any emergency occurs, you may face delay in accessing funds.

If something happens to them, the investment will be part of their estate.

Then legal process like transmission and succession will be needed.

Joint holders can help but should be structured properly.

If too much amount is kept in parent’s name, later family disputes may arise.

So even if it helps save tax, execution must be very careful.
Legal clarity and paperwork must be perfect.

Compare Tax Saving vs. Operational Simplicity

You are trying to save 12.5% LTCG tax on long-term gains.
That tax is only on the gain amount, and only above Rs.1.25 lakh.

For example:

If capital gain is Rs.2 lakh, only Rs.75,000 is taxed.

Tax on that is Rs.9,375 only.

Now, compare this small saving with:

Effort of creating separate folio

Managing another PAN and KYC

Following proper gifting route

Tracking tax filing in parent’s name

Managing fund if parent is not tech-friendly

Handling succession if parent passes away

In many cases, the extra effort may not be worth the tax saved.

So you must balance tax saving with ease of control and operation.

Should You Transfer Future SIPs Also to Parents’ Name?

If you plan to invest SIPs for next 18 years, you may think to start those in parent’s name too.

But this brings added complication:

Their age is increasing. Health risks may affect operations.

You may lose easy access to your own long-term money.

Goal ownership gets diluted.

You may not feel emotionally safe in using the funds later.

Tax rates and laws may change in future.

They may also come under taxable income due to FD or other income.

So yes, technically, it is possible.
But it is not always the best path.

A Better Tax Planning Strategy for You

Instead of shifting everything to parent’s name, you can:

Keep investing in your and your wife’s name.

Split investments equally to use both Rs.1.25 lakh LTCG exemption.

Plan redemptions properly over years.

Avoid redeeming large amount in one financial year.

Use goal-linked withdrawals, not random redemption.

Track performance and capital gain in each folio.

Consult Certified Financial Planner to plan exit well.

That way, you stay in full control.
And still reduce long-term tax impact efficiently.

If You Still Want to Invest in Parents’ Name

Then follow these points carefully:

Make a clear gift to parent through cheque or NEFT

Use their PAN and Aadhaar for KYC

Open mutual fund folio in their sole name

Use their email and phone for communication

Bank account should be in their name only

Make them nominee-wise clear

Create Will or succession plan for legal clarity

Keep transaction record of gift amount

By doing this, you build strong documentation.
And avoid future tax queries or disputes.

Don’t Forget About Behavioural Discipline

If you keep investing in your own name, you track it more seriously.
You take responsibility for growth, goals and review.
Parents may not be emotionally connected to the fund’s long-term goals.
They may redeem early or withdraw on someone’s suggestion.
This breaks your compounding journey.

So, sometimes paying a little tax is better than losing long-term focus.

Also, with a Certified Financial Planner, you can design a low-tax withdrawal plan.
No need to shift ownership to parents just for saving tax.

Final Insights

Tax planning should be part of investment planning.
But it should not drive all decisions alone.
Saving Rs.10,000 tax but losing peace of mind is not smart.
Your idea is right. But execution needs full care.

If you decide to invest in parent’s name, follow gifting route properly.
And maintain clarity in ownership and operations.

But for most cases, staying in control and planning exits well works better.
You and your wife can easily enjoy Rs.2.5 lakh combined LTCG exemption every year.
That itself gives huge tax-free withdrawal potential.

Also, tax rules change every 3–5 years.
So keep reviewing your strategy with your Certified Financial Planner.

Best Regards,
K. Ramalingam, MBA, CFP
Chief Financial Planner
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

...Read more

Ramalingam

Ramalingam Kalirajan  |9461 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 08, 2025

Asked by Anonymous - Jun 29, 2025Hindi
Money
I am 34 year old male earning 80k per month .home loan emi 20k..ssy for my 3 year old daughter monthly 10k... investing in ppf monthly 10k...sip 2.5k monthly..nps 3.5 k monthly gold etf 3k monthly.. outstanding home loan amount 14lakhs...now I have lumpsum of 5laks is it wise decision to partly pay my home loan or to invest in mutual fund to create wealth...next question the investments I am making today is enough to secure my daughter future for her studies and marriage or do I need to change anything pls guide on that ...I also have a term insurance
Ans: You are already making disciplined efforts.
Now let’s look at your situation from all angles.

Your Current Investment Snapshot
Salary: Rs 80,000 per month

Home Loan EMI: Rs 20,000

SSY: Rs 10,000 monthly for daughter

PPF: Rs 10,000 monthly

NPS: Rs 3,500 monthly

SIP (Mutual Funds): Rs 2,500 monthly

Gold ETF: Rs 3,000 monthly

Term Insurance: Already in place

Lump sum: Rs 5 lakh in hand

Home Loan Outstanding: Rs 14 lakh

You are saving around Rs 29,000 each month outside of EMI.
This is a solid start.

Should You Part Pay Your Home Loan?
Pros of part prepayment now:

You save a lot of interest over time

You reduce your EMI burden for future

It brings peace of mind and security

Good if job stability is uncertain

Cons of part prepayment now:

You lose opportunity to earn better returns

You reduce liquidity buffer in hand

You miss compounding benefit of mutual funds

Now, the rate of home loan is around 8–9%.
Good mutual funds can give better long-term returns than this.

But you don’t have an emergency fund right now.
That is more important than prepaying loans or investing.

What You Should Do With the Rs 5 Lakhs
Split the amount into 3 purposes:

1. Emergency fund: Keep Rs 1.5 lakhs in savings account or FD

This gives peace during job loss or medical emergency

Use only during true need

2. Mutual fund investment: Use Rs 2.5 lakhs for long-term growth

Choose actively managed equity mutual funds

Avoid index funds and ETFs

Index funds copy the market.

They don’t protect during market crash.

Actively managed funds are guided by experts.

These adapt to market changes quickly.

3. Loan prepayment: Pay Rs 1 lakh to reduce principal

Ask bank to apply it toward principal

This lowers your interest burden

It also shortens tenure quietly

This split will give you balance between safety and growth.

Is Your Current Investment Enough for Daughter?
SSY Rs 10,000 monthly is a strong start.
This will mature when she turns 21.
Use this only for marriage or backup.

But for education, add mutual funds.

Higher education costs will go up

Abroad studies may cost Rs 50–80 lakhs

SSY is not enough alone

Add SIPs for education goal

Increase SIP gradually to Rs 5,000–6,000 per month.
Invest through MFD with CFP certification only.
Don’t go for direct plans.
Direct funds seem cheap, but offer no personalised advice.
You miss rebalancing and asset allocation help.

Regular funds with MFD offer better tracking and handholding.

Your Retirement Needs and Strategy
At 34 years, you have 26 years left for retirement.
Current NPS is only Rs 3,500 per month.
You need to grow it to at least Rs 10,000 monthly over time.
Also increase PPF after SSY ends.

Mutual funds are your main wealth builders.
Don't rely on Gold ETF alone.
Gold works for protection—not growth.
Limit gold allocation to 10–15% only.

Build a retirement corpus of Rs 2–3 crore minimum.

Suggestions to Improve Further
Increase SIP every year by 10–15%

Shift lump sum to mutual funds in 3–5 instalments

Use STP (Systematic Transfer Plan) for that

Review goals once every 6 months

Track fund performance yearly with MFD help

Use FD only for emergency and short goals

Avoid ULIPs, endowment, or combo plans

Keep all insurance and investment separate.

Avoid These Mistakes
Don’t invest in direct mutual funds

Don’t use index funds blindly

Don’t invest more in gold than required

Don’t delay term insurance update when salary grows

Don’t stop SIPs during market dips

Don’t ignore inflation while planning daughter’s future

Discipline + Review = True Growth

Final Insights
You are doing great for your age and income.
Your habits are already strong.
Now add clarity, balance, and regular review.

Keep 3 goals separate:

Daughter's education (SIP + MF only)

Daughter’s marriage (SSY can be used)

Your retirement (NPS + MF + PPF)

Don’t mix goals and investments.
Grow SIPs as salary increases.
Keep emergency fund always ready.
Review with a certified financial planner every year.

Rs 5 lakhs should be used wisely—part for safety, part for growth.
That’s how wealth is built and family protected.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

...Read more

Ramalingam

Ramalingam Kalirajan  |9461 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 08, 2025

Asked by Anonymous - Jul 05, 2025Hindi
Money
Sir, want to make a lumpsum investment around 10 lakhs.My aim to have atleast 18-22%XIRR in coming 15-20 yrs.which funds with having low nav , high Alpha and H ratio should I choose??
Ans: You have clearly thought through your investment expectations. It is good to see that you are aiming for long-term wealth building. Now let’s analyse and guide you in detail with a 360-degree approach.

Clarity on Your Investment Objective

You have Rs.10 lakh to invest as lump sum.

Your goal is 18–22% XIRR over 15–20 years.

You are seeking low NAV funds with high alpha and high Sharpe Ratio.

The desire for strong long-term returns is absolutely fair.
However, the expectations of 18–22% XIRR consistently over two decades need thoughtful evaluation.

Understanding Long-Term Equity Return Expectations

Historically, good equity funds give 12–15% XIRR over long-term.

18–22% range is aggressive and may not be consistent.

Equity markets are volatile. They need time and patience.

Over 15–20 years, compounding works well.
But expecting 18–22% every year may lead to disappointment.
It is better to expect 12–15% XIRR. Anything above that is bonus.

The Truth About Low NAV Funds

Many investors think low NAV means cheap or better value.

But NAV is not like share price.

NAV shows fund’s per unit value. That’s it.

A fund with Rs.10 NAV is not cheaper than one with Rs.200 NAV.
What matters is how the fund grows, not where it starts.

So, do not choose funds just based on low NAV.
Instead, focus on the fund’s performance, consistency, risk-adjusted return, and fund house strength.

What Does High Alpha and Sharpe Ratio Mean

High alpha means fund is beating its benchmark well.

Sharpe ratio shows return vs. risk taken by the fund.

Higher Sharpe ratio means better risk-adjusted return.

So yes, choosing funds with high alpha and Sharpe ratio makes sense.
But they should be consistently high over 5–10 years.
One-year or short-term alpha is not reliable.

You should also see downside protection, past bear market behaviour, and fund manager continuity.

Important Factors for Fund Selection

Instead of chasing only metrics, look at:

Long-term performance: minimum 7–10 years history

Rolling returns: consistency over time, not point-to-point

Fund manager’s experience and track record

Sector diversification and portfolio quality

Volatility and risk control ability of the fund

A fund with lower return but stable and consistent is better than a risky high return fund.

Why Not Index Funds

Some investors suggest index funds due to low cost.
But index funds just copy the index. They don’t beat the market.

Disadvantages of index funds:

No downside protection in falling markets

Returns only match the index, never exceed

Blind allocation to sectors and stocks

Not suitable if you seek 18–22% XIRR

In contrast, actively managed funds aim to beat the index.
They adapt based on market trends, sector shifts, and economic changes.

With proper selection and regular tracking, active funds can deliver alpha.
So if your goal is high XIRR, avoid index funds.

Why Not Direct Plans

Some investors invest in direct mutual funds without guidance.
But direct funds lack personalised support, rebalancing, and review.

Disadvantages of direct funds:

No one helps track, switch, or reallocate your money

No behaviour control during market corrections

Investors may panic or make wrong decisions

Returns may suffer due to wrong timing

Instead, invest via regular plans under a Certified Financial Planner.
You get portfolio monitoring, expert guidance, and emotional support.
This helps you stay disciplined for 15–20 years.

The cost difference is worth the value added.
A small fee ensures long-term confidence and correct allocation.

Best Strategy for Your Rs.10 Lakh Lump Sum

Since you are investing a lump sum, avoid full one-shot exposure into equity.
Even though horizon is long, entering gradually is better.

Here is a better path:

Step 1: Park Rs.10 lakh in a suitable ultra short term or low duration fund

Step 2: Use STP (Systematic Transfer Plan) to move money to equity over 12–18 months

Step 3: Choose 2–3 well-diversified active equity mutual funds

Step 4: Monitor every year with a Certified Financial Planner

Step 5: Rebalance based on market cycle and fund performance

This phased entry reduces market timing risk.
Also gives better average buying cost.

Which Type of Funds to Choose

Avoid small cap or sectoral funds for lump sum.
They are volatile and need tactical allocation.

Instead, select:

Large & Mid Cap Funds

Flexi Cap Funds

Focused Equity Funds

Multi Asset Funds (for some balance)

These fund categories give:

Diversification

Good upside

Controlled downside

Flexibility for fund manager

With long-term investing, these fund styles build wealth steadily.
They also protect better during market falls.

You don’t need too many funds.
Just 2–3 high-quality ones are enough.

Things to Watch as You Invest

Always link your investment to goal, not just return.

Monitor the funds every year for consistency.

Avoid churning. Let compounding do the work.

Don’t react emotionally to short-term falls.

Stay invested fully for 15–20 years.

Avoid temptation to switch often.
Discipline and patience bring more return than constant change.

MF Tax Rules to Keep in Mind

When you exit your equity mutual funds:

If held for over 1 year:

LTCG above Rs.1.25 lakh taxed at 12.5%

If sold within 1 year:

STCG taxed at 20%

Plan your redemptions properly.
Spread withdrawals over years to save tax.
Avoid redeeming in panic.

Role of Certified Financial Planner in Long-Term Investing

To reach 18–22% return, fund selection is not enough.
You need portfolio design, rebalancing, emotional support, and tax planning.

This is where a Certified Financial Planner helps:

Suggest best funds for your profile

Plan STP for smooth entry

Review and rebalance every year

Prevent emotional exits

Track performance vs. your goal

Provide goal-based reports

A guided long-term approach works better than random investing.
Your planner acts like your investment partner.

Mistakes to Avoid

Please avoid the below traps:

Don’t invest full lump sum in equity at once

Don’t choose funds based on low NAV

Don’t focus only on return, ignore risk

Don’t pick direct funds without expert help

Don’t expect 20% yearly return every year

Don’t react to market noise

Don’t keep changing funds too often

Avoiding mistakes is as important as choosing good funds.

What You Should Do Now

Decide on your 15–20 year goal clearly

Park Rs.10 lakh in short-term fund

Start STP into 2–3 strong equity mutual funds

Choose funds with high alpha, Sharpe, and 10-year performance

Avoid index and direct plans

Invest via regular plan through Certified Financial Planner

Review every year with professional help

Stay invested for long term patiently

Expect 12–15% XIRR, not 22%

Let compounding work quietly

Finally

Your intent to invest long-term is excellent.
A Rs.10 lakh investment over 20 years can grow substantially.
Even at 12–15% XIRR, it can create good wealth.
Stay disciplined, invest right, and follow a guided path.
Choose actively managed funds, and avoid risky shortcuts.
Returns will follow when strategy is sound.

Best Regards,
K. Ramalingam, MBA, CFP
Chief Financial Planner
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

...Read more

Ramalingam

Ramalingam Kalirajan  |9461 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 08, 2025

Money
what should i do i have having 2 lakh debt and no source of income and not having any savings or money in my hand how i manage to pay them and no friends and other people are helping me to pay
Ans: It needs a clear and strong action plan.
Right now, your goal is simple—get stable, earn income, and repay.

Let’s look at it from all angles.

Accept the Situation Without Blame
You have Rs 2 lakh loan.

No income. No savings. No support.

This can feel heavy. But it can be handled.

You are not alone. Many have faced this and come out.

You must now focus only on practical steps.

Stop the Debt From Growing
Talk to the lender immediately.

Ask for a pause on EMI or lower interest.

Don’t delay. Hiding will worsen your situation.

If it is credit card debt, avoid minimum payments.

Ask for settlement option if needed.

Document every conversation with lender.

Try converting high interest into low EMI if possible.

No More Borrowing Anymore
Don’t borrow from anyone now.

Don’t take payday or app loans.

Don’t give in to online loan offers.

They increase your stress and risk.

Break this debt chain now.

Focus only on earning and repaying what’s due.

Start a Job or Work Immediately
Even small income is better than no income.

Start with temporary, part-time or gig work.

Choose food delivery, customer care, retail helper, warehouse, or typing jobs.

Try home tuitions, ironing services, cooking support, packaging work.

Check Swiggy, Zomato, Blinkit, UrbanClap, Taskmo, Amazon Flex.

Try YouTube channels or blogs for zero-investment side income ideas.

Any job is a good start.
From zero, even Rs 500 a day is a win.

Sell What You Can Spare
Check if you have any small gold jewellery.

Sell unwanted gadgets, phone, speakers, old laptop.

Sell furniture or clothes you don’t need.

Use Facebook Marketplace, OLX, Quickr.

Even Rs 10,000–15,000 can give relief.

Use this money to pay part of debt.
This builds lender confidence.

Join Government Free Skilling Programs
Join PMKVY (Pradhan Mantri Kaushal Vikas Yojana).

Many courses are free with placement help.

Learn data entry, tailoring, mobile repair, electrician, housekeeping.

Check nearest govt ITI or District Skill Center.

One certificate can get a Rs 8K–15K/month job.
That’s enough to begin repaying.

Reduce Your Monthly Costs
Shift to very low-cost living for next 6–12 months.

Ask relatives for temporary stay if possible.

Don’t eat out. Avoid transport costs.

Use ration shops and free food centers.

Borrow clothes, avoid buying new ones.

Don’t buy on EMI or credit.

Every rupee saved helps you rebuild.

Handle Mental Pressure Calmly
Financial crisis hurts confidence.

Take daily walks. Practice deep breathing.

Write down 3 actions every morning.

Focus only on that.

Your mental health is your real asset.
Strong mind = strong comeback.

Free Help You Can Try
Approach NGOs giving emergency help.

Try Milaap, GiveIndia, Ketto for verified assistance.

Join local self-help groups.

Ask old teachers, colleagues, or ex-employers.

Even strangers can support if you ask with clarity.

Once You Earn, Follow This Plan
Start by saving Rs 500 monthly.

Keep Rs 5,000–10,000 as emergency fund.

Pay Rs 1,000–2,000 monthly to lender.

Once income stabilizes, pay faster.

After clearing debt:

Start SIPs through certified MFD only.

Never invest in direct mutual funds.

Don’t use index funds or ETFs.

Actively managed mutual funds give better results.

Use regular funds with MFD advice.

Invest for future—not under panic.

Don’t Invest in ULIPs or Policies
If someone sells you insurance + investment plan, avoid it.

They are high-cost and give low returns.

No LIC, ULIP, or endowment for now.

Just focus on savings and mutual fund SIPs.

You need simple, flexible plans, not fancy products.

Don’t Fall for Quick Money Scams
Don’t try crypto or forex for quick returns.

Don’t join MLM or chain business schemes.

Don’t pay anyone who promises fast loan approval.

Anything that looks magical will take your money away.

Final Insights
You are strong for asking for help.

Many fear to face it. You are not hiding.

Your comeback will begin with action—not emotion.

Today is your first day of financial rebuilding.

You will repay the Rs 2 lakh. Slowly but surely.

You will build Rs 5 lakh in next 3–5 years.

And more after that.

Keep this plan close. Follow it daily.
You will rise again—step by step.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

...Read more

Nayagam P

Nayagam P P  |8247 Answers  |Ask -

Career Counsellor - Answered on Jul 08, 2025

Asked by Anonymous - Jul 08, 2025Hindi
Career
Sir,I am getting spit ece and dj sanghvi cse.Which will be the best option for me?.In both the colleges I am getting tfws seat through mhtcet
Ans: Both Sardar Patel Institute of Technology's Electronics & Communication Engineering and DJ Sanghvi College of Engineering's Computer Science & Engineering are offered at NAAC-accredited institutions with strong infrastructure, qualified faculty, industry-linked internships and dedicated placement cells. SPIT Mumbai's ECE program benefits from autonomous status, advanced VLSI and communication labs, mandatory six-month internships and achieved an 82–95% placement consistency over three years. DJ Sanghvi's CSE program holds NAAC A-grade accreditation, features specialized AI/ML and software development labs, semester-long internships and recorded a 96% CSE placement rate with an average package of ?10.78 LPA in 2023-24. Both institutions offer TFWS seats for eligible Maharashtra state candidates with family income below ?8 lakh, providing complete tuition fee waiver throughout the four-year duration. The scheme reserves 5% of total sanctioned seats as supernumerary seats, ensuring cost-effective quality education.

recommendation
For superior software development opportunities and higher placement consistency, recommendation is DJ Sanghvi CSE under TFWS. If specialized electronics and communication training with strong hardware industry exposure appeals more, choose SPIT ECE under TFWS. Both options provide excellent value through the tuition fee waiver scheme. 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