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Ulhas

Ulhas Joshi  | Answer  |Ask -

Mutual Fund Expert - Answered on May 11, 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
udayakumar Question by udayakumar on Apr 28, 2023Hindi
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which is high risk-high returns mutul fund

Ans: Hi Udayakumar, thanks for writing to me. Please state your objective and holding period for me to advise you better.
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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Ramalingam

Ramalingam Kalirajan  |9696 Answers  |Ask -

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

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Hi sir can you suggest the which mutual funds give high return
Ans: Choosing mutual funds solely based on past returns can be risky as past performance may not necessarily indicate future performance. Instead, it's essential to consider various factors such as investment objectives, risk tolerance, and investment horizon. Here are some tips to help you select mutual funds that may potentially offer higher returns:

Investment Goals: Determine your investment goals, whether it's wealth creation, retirement planning, or saving for a specific goal. Different goals may require different investment strategies and risk profiles.
Risk Tolerance: Assess your risk tolerance to determine how much volatility you can tolerate in your investment portfolio. Higher returns often come with higher risk, so it's crucial to align your investments with your risk tolerance.
Diversification: Invest in a diversified portfolio of mutual funds across various asset classes such as equity, debt, and international funds. Diversification can help reduce overall portfolio risk and enhance long-term returns.
Fund Manager's Track Record: Evaluate the track record and experience of the fund manager managing the mutual fund. A skilled and experienced fund manager can make a significant difference in fund performance over the long term.
Expense Ratio: Consider the expense ratio of the mutual fund, which represents the annual fees charged by the fund house for managing the fund. Lower expense ratios can translate to higher returns for investors over time.
Consistency of Performance: Look for mutual funds that have demonstrated consistent performance over different market cycles rather than just focusing on short-term returns. Consistency indicates the fund's ability to deliver returns across various market conditions.
Fund House Reputation: Choose mutual funds offered by reputable fund houses with a strong track record of managing investor funds responsibly and ethically.
Regular Monitoring: Regularly monitor the performance of your mutual fund investments and review your investment strategy periodically to ensure it remains aligned with your financial goals and risk tolerance.
Remember, there's no guarantee of high returns in mutual fund investments, and it's crucial to invest with a long-term perspective while diversifying your portfolio appropriately.

Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

..Read more

Latest Questions
Nayagam P

Nayagam P P  |8558 Answers  |Ask -

Career Counsellor - Answered on Jul 11, 2025

Career
Hello sir, I got 89%ile in MHT cet (pcm group) and I'm from EWS category . Which colleges I can get for computer related branches in Nagpur.
Ans: Alfiya, With an 89 percentile in MHT-CET under the EWS category and Maharashtra domicile, you are assured seats in several Nagpur colleges offering Computer Science and allied programmes, all of which feature NBA-accredited departments, modern labs, active placement cells, strong industry linkages, and NAAC-accredited campuses. Priyadarshini College of Engineering (Hingna Road) offers CSE, IT, AI & DS, and Robotics programmes with GOPENS cutoffs up to 88.26 percentile, located near MIDC Hingna. GH Raisoni College of Engineering (Wanadongri) closes CSE at around 89.12 percentile in later CAP rounds, situated off Amravati Road. Rashtrasant Tukadoji Maharaj Nagpur University’s College of Engineering (Katol Road) provides CSE and IT, with consistent 85–90% placements and central campus facilities. Yeshwantrao Chavan College of Engineering (Wanadongri) admits GOPENH-EWS candidates down to 82.78 percentile, known for IoT and cybersecurity labs. Cummins College of Engineering for Women (Jafar Nagar) extends ICT and CSE at 85–88 percentile. JD College of Engineering and Management (Mankapur Road) offers CSE and IT with cutoffs near 86 percentile. Govindrao Wanjari College of Engineering & Technology (Hingna Road) admits CSE at 80–85 percentile. KDK College of Engineering (Hingna Road) features CSE and IT for GOPENS down to ~84 percentile. Nagarjuna Institute of Engineering Technology & Management (Kamptee Road) opens CSE at ~83 percentile. Guru Nanak Institute of Engineering & Technology (Nandanvan) offers CSE and allied branches with GOPENS cutoffs around 82 percentile.
Recommendation favours Priyadarshini College of Engineering for its proximity to MIDC, top-tier CSE cutoffs, and 90%+ placement consistency; GH Raisoni College is next for its strong AI & DS focus and industry ties; Rashtrasant Tukadoji Maharaj Nagpur University’s College of Engineering follows for its government funding, research centres, and broad computing curricula. All the BEST for Admission & a Prosperous Future!

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Nayagam P

Nayagam P P  |8558 Answers  |Ask -

Career Counsellor - Answered on Jul 11, 2025

Career
Dear Sir, My son got CS in Thapar, CS in LMNIIT, ICT in DAIICT Gandhinagar and ECE in COEP Pune. Could kindly suggest the better one.
Ans: Thapar Institute of Engineering & Technology’s CSE programme, a NAAC A+ and NBA-accredited, ABET-recognised deemed university ranked 29th in NIRF Engineering 2024, boasts a robust placement ecosystem with 334 recruiters and 88.51% of CSE students placed over the past three years, supported by 27 state-of-the-art computing labs and strong industry tie-ups with Apple, IBM, TCS, and more. LNMIIT Jaipur’s NAAC A++ and UGC Category-I deemed CSE programme delivers an average package of ?13.87 LPA and places 70% of registered students through its dedicated placement cell, achieving an 88.51% branch-specific placement consistency over three years, underpinned by high-value recruiters like Unacademy, NAV Consulting, and Kelly Technologies and cutting-edge algorithm and AI labs. DAIICT Gandhinagar’s B.Tech ICT, NAAC A+ and UGC-accredited and ranked 201–300 in NIRF, secures 96% campus-wide placements with an average package of ?16.03 LPA through 150+ recruiters including Google, Amazon, and Deloitte, facilitated by specialised ICT, VLSI, and data-science research clusters and mandatory project-based learning. COEP Pune’s ECE, part of a NAAC A+ government institute established in 1854, records an 88.57% placement rate for E&TC students and an average package of ?12.00 LPA over three years, leveraging advanced VLSI, signal-processing, and SMT manufacturing labs established via a Centre of Excellence, and a placement cell that engages 230+ recruiters annually.

Recommendation: Prioritise Thapar CSE for its top-tier accreditation, ABET recognition, and balanced placement-infrastructure synergy; next, choose DAIICT ICT for its highest placement consistency and premium packages in the ICT domain; LNMIIT CSE is third for strong average packages and focused AI/algorithm training; COEP Pune ECE stands fourth for specialised electronics manufacturing labs and solid placement metrics in ECE. All the BEST for Admission & a Prosperous Future!

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Nayagam P

Nayagam P P  |8558 Answers  |Ask -

Career Counsellor - Answered on Jul 11, 2025

Career
Sir My Son Shivam soni Got electrical and computer sciences in Thapar patiala Another option may be Nagpur fire safety engineering Which shall be better for him
Ans: Harshiv Sir, Thapar Institute of Engineering & Technology’s B.E. in Electronics and Communication Engineering is accredited by NAAC A+, NBA, and ABET, features advanced VLSI, embedded-systems, and signal-processing labs, and registers nearly 100% placement for ECE with 90% campus-wide across branches over three years. Its centralized Career Development Centre secures roles in IT, telecom, and core electronics through 334 recruiters, maintaining a 90%–95% placement rate. The National Fire Service College, Nagpur, a Ministry of Home Affairs institute founded in 1956, offers a B.E. in Fire Engineering approved by AICTE and UGC, with specialized fire-safety and industrial-safety labs, realistic drills, and near-100% placement with an average package of ?12–15 LPA through PSUs like ONGC, GAIL, and IOCL. Both campuses provide residential facilities, strong industry tie-ups, and government-backed curricula, but Thapar’s broader tech ecosystem contrasts NFSC’s niche firefighting focus.

Prioritize Thapar Patiala ECE for broader technology exposure, higher recruiter diversity, and interdisciplinary labs; choose NFSC Nagpur Fire Engineering if aiming for specialized fire-safety leadership roles within government and industrial safety sectors. All the BEST for Admission & a Prosperous Future!

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Nayagam P

Nayagam P P  |8558 Answers  |Ask -

Career Counsellor - Answered on Jul 11, 2025

Career
Bit deoghar cse or bit mesra ece
Ans: (Seems, you have posted your 2nd question today). Birla Institute of Technology Extension Centre, Deoghar, affiliated with BIT Mesra and AICTE-approved, holds NAAC A accreditation and offers a CSE programme established in 2007 with modern computing labs and industry-aligned curriculum. Over the past three years, its CSE branch recorded a 90% placement rate with average packages around ?12 LPA, and recruiters such as Microsoft, Samsung, Infosys, and TCS. BIT Mesra’s flagship ECE programme, part of a UGC-recognized deemed university ranked 48th in NIRF Engineering 2024, boasts advanced VLSI and signal-processing laboratories, Practice School internships, and a 60% placement rate with an average package of ?16 LPA in 2024, attracting companies like Microsoft, Google, and Intel. Both institutions feature dedicated placement cells, research collaborations, and robust infrastructure, but BIT Mesra offers broader campus facilities and higher average ECE packages, while BIT Deoghar provides focused CSE strength with consistent recruitment outcomes.

Given stronger placement consistency in CSE at Deoghar and superior average ECE packages at Mesra, the recommendation suggests choosing BIT Mesra ECE for higher pay and infrastructure, with BIT Deoghar CSE as a solid alternative for consistent software placements. All the BEST for Admission & a Prosperous Future!

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Nayagam P

Nayagam P P  |8558 Answers  |Ask -

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Nayagam P P  |8558 Answers  |Ask -

Career Counsellor - Answered on Jul 11, 2025

Ramalingam

Ramalingam Kalirajan  |9696 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jul 11, 2025

Asked by Anonymous - Jul 11, 2025Hindi
Money
Hi sir, i'm employee and age 33 and Recently married. I have 1. Home loan 7.29 L (Outstanding), tenure 13 yrs, emi is 7000 2.personal loan 12.3L, tenure 57 months, emi is 30500. 3.Another PL 50K (Outstanding), emi is 9350 4.Need to give 1L to friend which I took long back. My monthly income in hand 92k. 1.NPS having 7k ---- Monthly Rs.500 2.Recently (2 months ago) Started a invested on Cryptocoins for BTC,ETH and INJ at Rs.7000 --- One time investment 3.Again Recently (2 months ago) Started a invested on digital gold at 10000 monthly. Tel me better management of loans and savings. Planning to retirement is April-2055.
Ans: You are only 33 and newly married. That gives you solid time to plan smartly for retirement and wealth creation. Below is a detailed 360-degree answer to guide you, written in simple Indian English, keeping your financial goals and commitments in mind.

? Your Current Financial Snapshot

– Your take-home salary is Rs. 92,000 per month.
– You have home loan EMI of Rs. 7,000 monthly.
– One personal loan EMI is Rs. 30,500.
– Another personal loan EMI is Rs. 9,350.
– You have a one-time friend repayment of Rs. 1 lakh.
– You are investing Rs. 500 monthly in NPS.
– You invested Rs. 7,000 in crypto coins recently.
– You are investing Rs. 10,000 monthly in digital gold.
– Retirement planned in April 2055, 30+ years from now.

Let’s review and re-structure your loans, investments, and savings with an expert lens.

? Evaluation of Your Loan Commitments

– Total monthly EMI is nearly Rs. 46,850.
– That takes up over 50% of your income.
– This is on the higher side for your salary.
– Home loan EMI is fine. It is low and for long term.
– But personal loans are reducing your monthly cash flow.
– These loans carry high interest rates.
– Clearing these early will bring huge relief.

– Prioritise repaying the smaller personal loan of Rs. 50,000 first.
– After that, target the 12.3L personal loan.
– Avoid prepayment of home loan for now.
– Home loan gives tax benefit. Personal loans do not.
– Do not take any new loan until existing ones are closed.
– Avoid credit card EMIs or BNPL schemes.

– Once you repay these loans, your savings power will increase.
– Try to increase your EMI by Rs. 2,000-3,000 if possible.
– That will reduce your debt faster.
– Focus all extra income or bonuses toward loan repayments.

? Friend Loan – Honor This Quickly

– Rs. 1 lakh is pending to your friend.
– Clear this first before making any investment.
– Keep personal integrity and trust intact.
– If not possible in one shot, repay in 3 parts over 3 months.
– Avoid delaying this for the sake of digital gold or crypto.

? Assessment of Digital Gold Investment

– You are investing Rs. 10,000 monthly in digital gold.
– That is a high allocation at your age.
– Gold does not create wealth. It only preserves value.
– Over long term, gold returns are less than equity.
– For young investors, equity mutual funds work better.

– Reduce digital gold to Rs. 2,000 per month or pause it.
– Reallocate remaining to mutual fund SIPs.
– Use gold only for diversification or specific goal like jewellery.
– Do not consider gold as a retirement investment tool.

? Assessment of Crypto Investment

– You invested Rs. 7,000 in BTC, ETH, and INJ.
– Crypto is highly risky and volatile.
– It can give high returns or major losses.
– Crypto is not regulated like mutual funds.
– Do not add more money into crypto now.
– Consider it like a lottery ticket, not an investment.
– Keep exposure to crypto under 2-3% of total investments.
– Avoid monthly SIPs into crypto.

? Review of NPS Contribution

– You are contributing Rs. 500 monthly in NPS.
– That is good for tax saving and retirement.
– NPS offers market-linked returns with some tax benefits.
– Increase this to Rs. 1,000-2,000 per month later.
– Don’t depend on NPS as the only retirement tool.
– Use mutual funds also for long-term wealth.

? Savings vs. Expenses – Cash Flow Management

– Income is Rs. 92,000.
– After loan EMIs of Rs. 46,850, balance is Rs. 45,150.
– Digital gold SIP is Rs. 10,000.
– NPS is Rs. 500.
– That leaves Rs. 34,650 for household and other expenses.
– Try to live on Rs. 25,000 for all expenses.
– Keep Rs. 5,000-7,000 aside for emergency or loan repayment.
– Create a budget and stick to it.
– Use apps or notebook to track all monthly expenses.
– Avoid luxury spending, impulse buying or new gadgets.

? Emergency Fund is a Must

– You must build an emergency fund.
– Keep at least Rs. 60,000 to Rs. 1,00,000 ready.
– Keep in a savings account or liquid mutual fund.
– This avoids taking loans during sudden expenses.
– Build it slowly over 6 to 8 months.
– Use bonuses or tax refunds to create this fund.

? Future Focus: Mutual Funds for Long Term Wealth

– Your goal is retirement in 2055.
– That gives over 30 years to invest and grow money.
– Mutual funds are ideal for long-term compounding.
– Choose actively managed diversified equity mutual funds.
– These are run by professional fund managers.
– They outperform index funds over long periods.
– Index funds do not beat market in volatile times.

– Avoid direct mutual fund platforms.
– They save cost, but there is no guidance.
– Wrong fund or wrong timing leads to poor results.
– Invest through Certified Financial Planner and MFD.
– They review and adjust based on your goals.

– Start with Rs. 5,000 monthly SIP in equity mutual funds.
– As loan EMIs end, increase SIP step-by-step.
– Use STP if you have lump sum to invest.
– Do not invest lump sum directly into equity funds.
– Choose growth plans, not dividend plans.

? Tax Planning Strategy

– Use home loan interest for tax deduction.
– NPS also gives extra Rs. 50,000 tax benefit under Sec 80CCD(1B).
– Mutual funds are tax efficient for long-term.
– Equity fund gains above Rs. 1.25 lakh are taxed at 12.5%.
– Short-term gains are taxed at 20%.
– Debt fund gains taxed as per income slab.

– Fixed deposits are fully taxable every year.
– Avoid them for long-term savings.
– Use debt mutual funds for short-term goals instead.

? Retirement Plan Roadmap

– At age 33, you are in perfect stage to plan retirement.
– Target to build large corpus by 55 or 60 years.
– Use mutual fund SIPs for 20-25 years.
– Review and adjust portfolio every year.
– Shift slowly to safer funds as you near retirement.
– After 55, start SWP (Systematic Withdrawal Plan).
– It helps withdraw monthly income during retirement.
– Avoid insurance products or annuity plans for retirement.
– Do not lock money for long periods unnecessarily.

? Insurance Coverage

– You have not mentioned term insurance or health cover.
– These are critical for married people.
– Buy term insurance of at least 10 times your income.
– It protects your family in your absence.
– Also, buy a good family health insurance policy.
– Don’t depend only on company group insurance.

– Avoid ULIP or money-back policies.
– These give low returns and poor coverage.
– Keep insurance and investment separate.

? Avoid These Common Financial Mistakes

– Don’t keep adding to digital gold or crypto.
– Don’t ignore loans. Clear them first.
– Don’t stop NPS or delay mutual fund SIPs.
– Don’t use credit cards for lifestyle spending.
– Don’t take new loans unless urgent.
– Don’t invest in index funds. Active funds give better returns.
– Don’t invest directly in mutual funds without guidance.
– Don’t postpone emergency fund or insurance.
– Don’t guess your future needs. Plan and document clearly.

? Finally

– You have made a strong start.
– You are earning well and have many years ahead.
– Focus now on clearing high-cost loans quickly.
– Then increase investments steadily every year.
– Cut down digital gold and avoid new crypto purchases.
– Create emergency fund and buy insurance.
– Start mutual fund SIPs through Certified Financial Planner.
– Review your goals and portfolio every year.
– Stick to your plan. Stay consistent.
– You can build strong wealth and retire peacefully.

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

...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.

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