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Ulhas

Ulhas Joshi  | Answer  |Ask -

Mutual Fund Expert - Answered on Jul 19, 2023

With over 16 years of experience in the mutual fund industry, Ulhas Joshi has helped numerous clients choose the right funds and create wealth.
Prior to joining RankMF as CEO, he was vice president (sales) at IDBI Asset Management Ltd.
Joshi holds an MBA in marketing from Barkatullah University, Bhopal.... more
Navis Question by Navis on Jul 17, 2023Hindi
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Hi Ulhas , I am at 38 now and want to invest long term in Mutual Funds for creating a good corpus at 12 years from now on and can invest up to 40k per month. Kindly suggest me the funds to ahead with. Thanks in advance.

Ans: Hello Navis and thanks for writing to me. As your time horizon is 12 years, you can consider starting SIP's in:

1-SBI Focused Equity Fund: Rs.8,000
2-DSP Quant Fund: Rs.8,000
3-Kotak Small Cap Fund: Rs.8,000
4-HSBC Midcap Fund: Rs.8,000
5-UTI Small Cap Fund: Rs.8,000

I am recommending a mix of small and midcap funds for now, as they have the potential to outperform large cap funds over your time horizon, though can be riskier to invest in compared to large cap funds.

After around 8 to 9 years, you can stop your SIP's in these funds and then consider investing in large cap funds and hybrid funds.

Periodic rebalancing is essential to ensure you are on the right track. Stepping up your SIP's by 10% or more every year will help you create a larger corpus.

I also recommend you consult a financial planner who can expertly guide you on how to structure your investments based on your risk appetite, short, medium & long term goals and your investment horizon.
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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kindly suggest some three mutual fund long term for the age for a person of 35 having income 1,25 lakh per month wants to invest 35000 per month as he is first time investor as early as possible
Ans: For a 35-year-old first-time investor with a monthly income of 1.25 lakh and a monthly investment capacity of 35,000, here are three mutual funds suitable for long-term investment:

Large Cap Fund:
Why: These funds invest in large, well-established companies that have a track record of stable growth. They are relatively less volatile and offer a good starting point for new investors.
Potential Choice: Large Cap Equity Funds that have a consistent performance history and a low expense ratio.
Multi-Cap Fund:
Why: These funds have the flexibility to invest across market caps, i.e., in large, mid, and small-cap stocks. This diversification can help in capital appreciation while managing risk.
Potential Choice: Multi-Cap Funds that have a proven track record of delivering consistent returns across market cycles.
Balanced Advantage Fund:
Why: These funds dynamically manage the equity-debt allocation based on market valuations. In bullish markets, they can increase equity exposure, while in bearish markets, they can shift towards debt, offering a balanced approach.
Potential Choice: Balanced Advantage Funds with a disciplined investment strategy and a focus on capital preservation along with growth.
Remember to consider the fund's past performance, fund manager's experience, expense ratio, and the fund house's reputation before investing. Additionally, reviewing and rebalancing the portfolio periodically can help in aligning it with your long-term financial goals. It's advisable to consult a Certified Financial Planner for personalized advice tailored to your financial situation and goals. Happy investing!

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Sir, what is the difference between IITs and NITs? Do you think IIITs are better than IITs? Can you please explain and elaborate? Thank you in advance.
Ans: Hello
I would like to mention specifically that IITs have no comparison. IIT-JEE is considered as one of the toughest exam across the globe & hence IITs are the best. Now coming to comparing NIT Vs IIIT, in my view I have considered following points:

IIITs (Indian Institutes of Information Technology) are often considered better than NITs (National Institutes of Technology) for Computer Science and allied courses (like IT, AI, Data Science, etc.) due to several factors.

1. Core Focus on Computer Science & IT
IIITs are dedicated to IT & CS fields, while NITs offer a broad range of engineering disciplines.
Due to this focus, IIITs often have better faculty, research opportunities, and industry collaborations in CS-related fields.
Many IIITs are industry-driven, ensuring that their curriculum is updated with modern technologies like AI, ML, Blockchain, and Cloud Computing.

2. Stronger Industry Connections & Placements
IIITs, especially top ones like IIIT Hyderabad, IIIT Bangalore, and IIIT Delhi, have excellent industry relations.
Companies like Google, Microsoft, Amazon, and Adobe prefer IIITs over most NITs for software roles due to their specialized training.
IIIT Hyderabad, for example, has one of the highest average packages for CSE among engineering colleges in India, even competing with IITs.

3. Better Coding Culture & Research in CS Fields
IIITs have a very strong coding culture, with students excelling in competitive programming (Google Code Jam, ACM ICPC) and hackathons.
They also focus heavily on research and innovation in CS, contributing to AI, ML, and Data Science research worldwide.
IIIT Hyderabad, in particular, has research centers (CVIT, ML Lab, Blockchain Lab, etc.) that rival global universities.

4. Flexible & Modern Curriculum
IIITs usually have a more flexible curriculum, allowing students to take electives in trending areas like AI, Cybersecurity, and Data Science.
Some IIITs have no strict branch system, allowing students to focus on multiple CS fields.
In contrast, NITs follow a more traditional curriculum, which may not be as updated for CS innovations.


5. Higher Coding & Competitive Programming Rankings
IIIT students often dominate Google Summer of Code (GSoC), ACM ICPC, and CodeForces rankings.
IIIT Hyderabad, IIIT Allahabad, and IIIT Delhi are known for their strong competitive coding culture, often outperforming NITs.


When NITs Might Be a Better Option
While IIITs are excellent for CS, there are some cases where an NIT might be preferable:

If considering a non-CS branch, NITs are better because IIITs mainly focus on CS and related fields.
Top NITs like NIT Trichy, NIT Surathkal, and NIT Warangal have excellent placements in CSE, sometimes better than newer IIITs.
NITs have a stronger alumni network, which can help in diverse career opportunities.
NITs offer better campus life and infrastructure, as IIITs often have smaller campuses.

For CSE & allied courses, top IIITs like IIIT Hyderabad, IIIT Delhi, and IIIT Bangalore are usually a better choice than most NITs due to their strong coding culture, placements, research, and industry collaborations. However, for overall campus life, government funding, and non-CS branches, top NITs might be preferable.

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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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