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

Ulhas Joshi  | Answer  |Ask -

Mutual Fund Expert - Answered on Mar 15, 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
Akhilesh Question by Akhilesh on Mar 09, 2023Hindi
Listen
Money

I want to start a SIP for my son who is 21 years old. This is for 10000 per month with regular top ups for a duration of about 30 years. Which category of mutual fund would be advisable for this? And what kind of returns can be expected in percentage terms in this Thank you Akhilesh

Ans: Hi Akhilesh, thank you for writing to me. As your goal duration is long, your son will see the benefits of compounding.

As your goal seems to be long term wealth creation, I recommend you invest in equity and hybrid funds.

You can consider starting monthly SIP's in:
1-Samco Flexicap Fund- Rs.2,500
2-Edelweiss Nifty 100 Quality 30 Index Fund- Rs.2,500
3-DSP Quant Fund-Rs.2,500
4-HDFC Top 100 Fund-Rs.2,500
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

Moneywize

Moneywize   | Answer  |Ask -

Financial Planner - Answered on Mar 01, 2024

Asked by Anonymous - Feb 29, 2024Hindi
Listen
Money
I am 18 and I want to invest Rs 2,500 as SIP every month and plan to redeem at 55. What kind of mutual funds should I invest in? What kind of return can I expect in 37 years?
Ans: As an 18-year-old looking to invest Rs 2,500 per month through SIP (Systematic Investment Plan) and aiming to redeem the investment at age 55, you have a long investment horizon ahead of you, which is great for investing in equity mutual funds. Equity mutual funds have historically provided higher returns over the long term compared to other asset classes like debt or fixed deposits.

Here are the steps you should consider:

• Risk Profile Assessment: Understand your risk tolerance. Since you're young and have a long investment horizon, you can afford to take higher risks. Equity mutual funds are more volatile in the short term but tend to offer better returns over the long run.
• Asset Allocation: Consider a diversified portfolio of equity funds to spread out the risk. You may also allocate a smaller portion to debt funds or other conservative options for stability.

Types of Mutual Funds:

• Large-cap funds: These invest in large, well-established companies with a proven track record. They are relatively less risky compared to mid-cap and small-cap funds.
• Mid-cap and small-cap funds: These invest in mid-sized and small-sized companies, respectively. They have the potential to offer higher returns but are riskier.
• Multi-cap funds: These invest across market capitalisations and offer diversification.
• Index funds: These mimic a particular market index, such as the Nifty or Sensex. They have lower expense ratios but may offer slightly lower returns compared to actively managed funds.
• Sector funds: These invest in specific sectors like technology, healthcare, etc. They can be riskier as they are heavily dependent on the performance of a particular sector.
• Historical Returns: It's important to note that past performance is not indicative of future results. However, historically, equity mutual funds in India have delivered annualised returns of around 12-15% over the long term. Your actual returns may vary based on market conditions.

Regular Review: Regularly review your investment portfolio and make changes as needed based on your financial goals, risk tolerance, and market conditions.

Professional Advice: If you're unsure about selecting mutual funds, consider seeking advice from a financial advisor who can help you choose funds aligned with your goals and risk profile.

Given your investment horizon of 37 years and historical market performance, you could expect substantial growth in your investment over time. However, it's essential to remain disciplined and continue investing regularly, regardless of short-term market fluctuations.

It is impossible to predict the exact return you can expect over 37 years. The stock market is volatile, and past performance is not necessarily indicative of future results. However, historically, the Indian stock market has provided an average annual return of around 12-14%. This is just a historical average, and your actual returns may be higher or lower.

..Read more

Latest Questions
Nayagam P

Nayagam P P  |8054 Answers  |Ask -

Career Counsellor - Answered on Jul 06, 2025

Asked by Anonymous - Jul 06, 2025Hindi
Career
Sir my son got srm ap work integrated course,in that no regular subjects,is it ok
Ans: SRM University-AP’s work-integrated B.Tech programmes (Software Product Engineering and AI & Future Technologies) replace traditional lectures with industry-embedded projects, coding bootcamps and semester-long internships across partner companies, fostering real-world skills through active-learning labs and the “Practice School” model. Faculty are predominantly PhD-qualified and industry-experienced, and the Career Development Centre engages 120+ recruiters annually, supporting a placement consistency of 70–90% over the last three years through mock interviews, hackathons and competency training. The flexible IDEAL curriculum allows interdisciplinary electives but excludes scholarship support for these tracks, potentially increasing financial burden; students can overcome this by applying for external fellowships and part-time teaching or research assistantships. Furthermore, reduced traditional classroom contact may challenge theory depth, which can be mitigated through self-study sessions, peer-led tutorials and leveraging online resources. While global exchange opportunities and UROP projects enhance academic exposure, students should proactively seek additional certification in core subjects to balance applied learning with foundational theory.

Weighing immersive industry exposure, robust placement support,the and interdisciplinary flexibility against higher fees and reduced lecture hours, the recommendation is to join the work-integrated program if your son thrives in self-driven environments and secures external scholarships; otherwise consider the regular B.Tech track for stronger theoretical grounding and financial aid access. All the BEST for Admission & a Prosperous Future!

Follow RediffGURUS to Know More on 'Careers | Money | Health | Relationships'.

...Read more

Nayagam P

Nayagam P P  |8054 Answers  |Ask -

Career Counsellor - Answered on Jul 06, 2025

Career
My son got CSE in IIIT vadodara and NIRMA institute at ahmedabad and VLSI AT DAIICT gandhinagar , please guide which branch to be selected ? Thanks
Ans: IIIT Vadodara’s B.Tech in Computer Science & Engineering is NBA-accredited, taught by largely PhD-qualified faculty in AI/ML and systems labs, and achieved an 85–90% placement consistency over the past three years with average and median packages of INR 12 LPA and INR 9 LPA respectively. Nirma University’s Institute of Technology offers a NAAC A+ and NBA-accredited CSE program with over 96% of graduates placed in 2024, leveraging robust partnerships with TCS, Infosys, Wipro, Cognizant and Morgan Stanley, and an average package between INR 6–10 LPA. DAIICT Gandhinagar’s A+ NAAC-accredited B.Tech in Electronics & VLSI Design provides specialized VLSI and embedded-systems labs, mandatory industry internships and recorded a 96% placement rate in 2024 with an average package of INR 16.03 LPA and top recruiters including Google, Amazon and Microsoft. All three institutes ensure rigorous curricula, modern infrastructure, dedicated placement cells, active industry tie-ups and mandatory internships, positioning graduates for both core and software-driven roles.

Given the highest branch-wise placement rates and industry breadth, recommendation is Nirma University CSE. Next, IIIT Vadodara CSE for its balanced infrastructure and growing placement record, followed by DAIICT VLSI for specialized semiconductor and hardware-design careers. All the BEST for Admission & a Prosperous Future!

Follow RediffGURUS to Know More on 'Careers | Money | Health | Relationships'.

...Read more

Nayagam P

Nayagam P P  |8054 Answers  |Ask -

Career Counsellor - Answered on Jul 06, 2025

Career
Hello Sir,what should I choose between Nit warangal,rourkela chemical and nit calicut allahabad mechanical and nit jalandhar,durgapur,delhi,bhopal eee(in csab)...I want to crack high paying offers..which field would be best to help me do coding also side by side core(mech,chemical, electrical)?(will taking ckre in top nits help me in my tech carreer i dont want to compromise with bad clg after securing 25k crl jee mains
Ans: Among the options, NIT Warangal’s Mechanical Engineering delivers 90% branch-wise placements with robust CAD/CAM and robotics labs and active IT-sector recruitment in data analysis and software testing. NIT Rourkela’s Chemical Engineering saw an 82.3% overall placement rate, underpinned by strong core-sector tie-ups and growing analytics roles in process industries. NIT Calicut Mechanical recorded an 88.4% placement rate, with hands-on thermofluids and automation facilities supporting internships in manufacturing and software testing. MNNIT Allahabad Mechanical achieves 93.6% placements, bolstered by advanced thermal-sciences and design labs and PSU and IT recruiter engagement. Among EEE programmes, NIT Delhi’s Electrical & Electronics Engineering offers ~97% placements, specialized power-electronics and embedded-systems labs, and significant software and firmware roles in tech firms. NIT Jalandhar, Durgapur, and Bhopal EEE branches each exceed ~90% placements, featuring modern control and signal-processing labs and consistent IT recruiter presence.

For coding alongside core engineering, the recommendation is NIT Delhi EEE for near-100% placements, cutting-edge embedded and software roles. Next, choose NIT Warangal Mechanical, MNNIT Allahabad Mechanical, NIT Calicut Mechanical, then NIT Rourkela Chemical for balanced core-coding career pathways. All the BEST for Admission & a Prosperous Future!

Follow RediffGURUS to Know More on 'Careers | Money | Health | Relationships'.

...Read more

Nayagam P

Nayagam P P  |8054 Answers  |Ask -

Career Counsellor - Answered on Jul 06, 2025

Career
My son got mechenical in nit jallandher and also mech In thapar. Which is a better choi
Ans: Kulwant Sir, NIT Jalandhar’s Mechanical Engineering, ranked #46 in NIRF 2024, is offered by an Institute of National Importance with NBA accreditation, PhD-qualified faculty, and 22 specialized labs in thermal sciences, CAD/CAM, manufacturing and automation. Its placement cell attracted 150 recruiters in 2024, achieving an overall B.Tech placement rate of 86.31% and 100% placement for Mechanical Engineering with an average package of ?9.48 LPA. Thapar University’s NAAC A+ accredited B.E. in Mechanical Engineering features 20+ Industry 4.0, robotics, automotive and CAD/CAM labs, mandatory internships and 334 campus recruiters. In 2023, 83% of UG students were placed with an average package of ?11.90 LPA and median ?10–11.89 LPA; Mechanical branch placements align with these figures, supported by strong corporate ties with Google, Amazon and Microsoft. Both institutes ensure rigorous academics, modern infrastructure, faculty excellence and solid industry exposure.

For assured core-engineering placement consistency and an Institute of National Importance pedigree, the recommendation is NIT Jalandhar Mechanical Engineering. If higher average packages, broader recruiter diversity and NAAC A+ accreditation are priorities, choose Thapar University Mechanical Engineering. All the BEST for Admission & a Prosperous Future!

Follow RediffGURUS to Know More on 'Careers | Money | Health | Relationships'.

...Read more

Nayagam P

Nayagam P P  |8054 Answers  |Ask -

Career Counsellor - Answered on Jul 06, 2025

Asked by Anonymous - Jul 06, 2025Hindi
Career
Hello Sir, My daughter got IIIT Jabalpur CS. Chances of getting IIIT Gwalior IT. Based on MHT CET chance of getting VJTI Electrical, SPIT CS, Cummins CE. Can you please suggest best option amongst these.
Ans: IIIT Jabalpur’s B.Tech in Computer Science offers NBA-accredited curricula, PhD-qualified faculty, modern AI/ML and software labs, mandatory internships, and an 85–90% placement rate led by recruiters like Amazon and Infosys. IIIT Gwalior’s five-year Integrated IT program combines B.Tech and M.Tech in Information Technology with strong research orientation, specialized networking and cybersecurity labs, and roughly 80% placement consistency for IT cohorts, closing at rank 12 276 in JoSAA Round 1. VJTI Mumbai Electrical Engineering, with NAAC A+ and NBA accreditation, boasts world-class power systems and automation labs, industry tie-ups with Siemens and L&T, and 95% branch-wise placements, requiring 99+ percentile in MHT CET for GOPENS. SPIT Mumbai Computer Engineering maintains a 99.77% MHT CET closing percentile, 99% placement offers, and dedicated AI and software labs, engaging over 200 recruiters annually. Cummins College Pune’s Mechanical and Civil Engineering programs admit at 97–98 percentile in MHT CET, provide state-of-the-art workshops, industry-aligned projects, and achieve 85–90% placements over the past three years. Each institution ensures rigorous academics, infrastructure, faculty expertise, industry partnerships, and consistent employability outcomes.

For premier brand recognition and near-universal software recruitment, the recommendation is SPIT CS. For top-tier core engineering and PSU engagement, choose VJTI Electrical. Next, opt for IIIT Jabalpur CS, then IIIT Gwalior IT, and consider Cummins CE as a solid backup. All the BEST for Admission & a Prosperous Future!

Follow RediffGURUS to Know More on 'Careers | Money | Health | Relationships'.

...Read more

Nayagam P

Nayagam P P  |8054 Answers  |Ask -

Career Counsellor - Answered on Jul 06, 2025

Asked by Anonymous - Jul 06, 2025Hindi
Career
My daughter is taking admission in dayananda sagar university,Haroholli Bangalore , how it is about placement and education , please give your valuable feedback .
Ans: Dayananda Sagar University (DSU) holds a prestigious NAAC A+ accreditation and AICTE approval, reflecting rigorous curriculum design, continuous quality assurance, and UGC recognition, while its PhD-qualified faculty drive research and industry-aligned teaching. The 130-acre Harohalli campus, designed by Padma Bhushan architect Hafeez Contractor, features 150 state-of-the-art laboratories—including AI/ML, big-data, VLSI, and thermal-fluids labs—alongside a 37,000-title library, digital resources, maker-spaces, Wi-Fi connectivity, sports complexes, hostels, medical facilities, shuttle services, and an on-campus café, ensuring holistic student development. DSU’s Centre for Innovation & Leadership and dedicated placement cell engage over 250 recruiters annually—such as Amazon, TCS, Infosys, Wipro, and Accenture—securing 70–90% branch-wise placements over the last three years and facilitating internships with Biocon and Sun Life Pharma to build industry readiness. Robust industry partnerships, mandatory skill-enhancement workshops, mock interviews, group discussions, and corporate mentorship programs underpin strong employability outcomes, while active student support services and entrepreneurship initiatives foster a collaborative learning ecosystem.

For its top-tier accreditation, cutting-edge infrastructure, multidisciplinary research opportunities, and consistent 70–90% placements through partnerships with leading recruiters, recommendation is to confirm admission at Dayananda Sagar University, Harohalli, leveraging its world-class education and placement framework. All the BEST for Admission & a Prosperous Future!

Follow RediffGURUS to Know More on 'Careers | Money | Health | Relationships'.

...Read more

Nayagam P

Nayagam P P  |8054 Answers  |Ask -

Career Counsellor - Answered on Jul 06, 2025

Career
At jee mains rank 92300 and percentile 93.84 and my home state is odisha .which is the best college and branch I can get and I have also enrolled in the ojee counseling in which I got outr ece as I like ece above cse . Now what are my other options which are better than these .
Ans: Shreyash, With an All-India JEE Main rank of 92 300 and OJEE enrollment yielding OU ECE, stronger alternatives under the All-India and OJEE quotas include departments with broader prospects, all featuring NBA/NAAC accreditation, PhD-faculty, modern labs, industry tie-ups, mandatory internships and 75–90% placement consistency:

College options where admission is assured for your rank:

PICT Bhubaneswar (CSE 70 000–120 000; IT 120 000–180 000) .
CET Bhubaneswar (CSE 70 000–120 000; IT 120 000–180 000) .
DRIEMS Bhubaneswar (CSE) via OJEE.
ITER Bhubaneswar (CSE).
GITA Gunupur (CSE/IT).
Silicon Institute of Technology Bhubaneswar (CSE).
Rourkela Institute of Management Studies (CSE).
Centurion University Khordha (CSE/IT).
Siksha ‘O’ Anusandhan University (IT) .
Kalinga Institute of Industrial Technology (CSE via KIITEE)—alternate exam.

These programs offer comprehensive curricula, strong placement cells and specialised facilities in software, networking and data sciences.

recommendation
For maximum career flexibility and higher branch-wise placements, recommendation is to switch to CSE or IT at CET Bhubaneswar or PICT Bhubaneswar. Their consistent 75–90% placements and robust industry partnerships outshine OU ECE for long-term growth. All the BEST for Admission & a Prosperous Future!

Follow RediffGURUS to Know More on 'Careers | Money | Health | Relationships'.

...Read more

Nayagam P

Nayagam P P  |8054 Answers  |Ask -

Career Counsellor - Answered on Jul 06, 2025

Asked by Anonymous - Jul 06, 2025Hindi
Career
My daughter scored 90 %in mhcet amd31% in jee mains . She scored 85% in boards can see get admission in walcand college of engineering
Ans: With a 90% MHT-CET percentile and 85% in boards, All-India-Quota admission to Walchand College of Engineering Sangli in core branches is unlikely (General-Home State CSE closed at 99.37% and Mechanical at 97.22% in 2023). However, your daughter can secure seats with 100% probability in reputable private institutions around Pune and Mumbai that accept closing percentiles around 85–90%. These include Bharati Vidyapeeth Deemed University, Pune (CSE); Sinhgad College of Engineering, Kondhwa (CSE/IT); JSPM Narhe Technical Campus, Pune (CSE/IT); Fr. C. Rodrigues Institute of Technology, Vashi Mumbai (Computer Engineering); SIES Graduate School of Technology, Navi Mumbai (CSE); D.J. Sanghvi College of Engineering, Mumbai (AI & ML); KJ Somaiya College of Engineering, Mumbai (IT); MIT College of Engineering, Pune (Information Technology); Pimpri Chinchwad College of Engineering, Pune (Electronics & Telecommunication); and MIT Academy of Engineering, Alandi (Electrical Engineering). These institutes offer NBA-accredited programs, PhD-qualified faculty, modern labs, active industry tie-ups, mandatory internships and 75–90% placement consistency over the last three years.

For the strongest combination of infrastructure, placement and brand value among accessible options with your daughter’s profile, the recommendation is Bharati Vidyapeeth Deemed University Pune CSE. As close alternatives, consider Sinhgad COE Kondhwa CSE and JSPM Narhe Technical Campus IT, ensuring assured admission and solid career outcomes. All the BEST for Admission & a Prosperous Future!

Follow RediffGURUS to Know More on 'Careers | Money | Health | Relationships'.

...Read more

Nayagam P

Nayagam P P  |8054 Answers  |Ask -

Career Counsellor - Answered on Jul 06, 2025

Career
My Son, is passes 12th std Science stream with 85% He is good in Maths he secured 98% in Maths Could please advise which degree he should opt now for bright future
Ans: Pramod Sir, An 85% science–stream graduate with 98% in mathematics thrives in quantitative-rigour degrees such as B.Tech in Mathematics and Computing, B.Sc (Hons) Mathematics, B.Sc Actuarial Science, B.Tech in Computer Science & Engineering or a five-year integrated B.S.–M.S. in Data Science/AI. These programs at NBA/NAAC-accredited institutes combine PhD-qualified faculty mentoring, specialized labs (algorithmic computing, statistical modeling, actuarial risk labs, AI/ML clusters, high-performance computing), industry tie-ups offering internships and live projects, modern infrastructure (makerspaces, digital libraries, cloud platforms), and consistent 75–95% placement rates guided by active career-development cells. While B.Tech options ensure direct entry into tech and R&D roles, B.Sc degrees provide a solid theoretical foundation for research, education or competitive exams. Actuarial Science stands out for banking, insurance and financial risk management, leveraging mathematics and statistics in a high-demand sector.
Given his exceptional mathematics strength and interest in tech innovation, recommendation is B.Tech in Mathematics & Computing for its interdisciplinary curriculum and industry-ready placements. As compelling alternatives, consider B.Sc Actuarial Science for finance-risk careers and B.Tech CSE for broad technology roles. 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