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Should I get my 8th grade son enrolled in NASA or ISRO?

Radheshyam

Radheshyam Zanwar  |858 Answers  |Ask -

MHT-CET, IIT-JEE, NEET-UG Expert - Answered on Aug 28, 2024

Radheshyam Zanwar is the founder of Zanwar Classes which prepares aspirants for competitive exams such as MHT-CET, IIT-JEE and NEET-UG.
Based in Aurangabad, Maharashtra, it provides coaching for Class 10 and Class 12 students as well.
Since the last 25 years, Radheshyam has been teaching mathematics to Class 11 and Class 12 students and coaching them for engineering and medical entrance examinations.
Radheshyam completed his civil engineering from the Government Engineering College in Aurangabad.... more
Kapil Question by Kapil on Aug 28, 2024Hindi
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Career

Hi Sir My son is in 8th standard and since younger age very knowledgeable and interested about space and astronomy. How to place him in the best organisations viz NASA., ISRO so he can continue what he loves and make a career at early age?

Ans: Hi Kapil.
Glad to hear about your son's interest in space and astronomy at an early age.
1) Provide him with good foundation books published by various publishers like MTG, Dinesh, Matrushri (Hyderabad) etc.
2) Ask him to appear for all types of olympiad examinations conducted at the school level.
3) Ask him to appear for Dr Homi Bhabha's 9th/10th standard examination.
4) Try to complete CBSE + ICSE + State board syllabus at each standard i.e. 8th, 9th and 10th
5) Visit the NASA and ISRO websites to learn more details, i.e., the process of joining them.
At last, keep a close eye on his performance at each state/examination. Always take proper and honest feedback from his teachers. Try to have his meeting with rankers.
In summer vacation, try to visit places like Nehru Planetarium (Mumbai), and Jantar-Mantar's located at Jaipur, Delhi, Varanasi, Ujjain, and Mathura which will open his eyes more. These places are well known from Astronomy point of view.

If you are not satisfied with the reply, pl ask again without any hesitation.
If satisfied, please like and follow me.
Thanks

Radheshyam
Career

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**Subject:** Request for Investment Review and Future Corpus Estimation Dear Mr.Sunil, I hope this message finds you well. I wanted to review my current investment portfolio and seek your expert advice regarding the future growth potential, as I aim to build a corpus of at least INR 3 - 5 crores by the time my daughters turn 18 years old. Is this figure realizable? Here’s a breakdown of my current investments: 1. **Mirae Asset Large & Midcap Fund (Direct Growth)** – INR 5,000 monthly - Current value: INR 135,281 2. **Canara Robeco Small Cap Fund (Direct Growth)** – INR 10,000 monthly - Current value: INR 210,164 3. **Quant Small Cap Fund (Direct Plan Growth)** – INR 5,000 monthly - Just started; current value: INR 5,190 4. **ICICI Prudential Balanced Advantage Fund (Growth)** – INR 20,000 monthly - Current value: INR 583,113 5. **HDFC Balanced Advantage Fund (Growth)** – INR 15,000 monthly - Current value: INR 503,604 6. **SBI Balanced Advantage Fund (Regular Growth)** – INR 15,000 monthly - Current value: INR 321,491 7. **Sukanya Samriddhi Yojana (SSY)** – INR 50,000 annually for my 9-year-old daughter - Current value: INR 565,805 (since 2016) 8. **Provident Fund (PF)** – Current balance: INR 10 lakh 9. **Tata AIA Life Insurance Fortune Pro ** – Started last year INR 150,000 to be paid for 5 years till 2027 10. SBI Child Plan Smart Scholar - Completed INR 500,000 Total Investment for 5 Years in 2024. From this year every financial year I plan to invest my working bonus of INR 3 Lacs to INR 5 Lacs every year as a bulk investment and diversify in different funds. I am 46 years old and plan to continue working and investing for another 5 to 6 years due to health reasons. My spouse is 37, and we have two daughters aged 9 and 5. My goal is to accumulate a corpus of at least INR 3 to 5 crores by the time my daughters reach 18 years of age. Based on my current investments, do you think this target is achievable within the given timeframe? I would greatly appreciate any suggestions or adjustments you might recommend to help reach this goal. Thank you for your guidance.
Ans: Yes your target is achievable in the given time frame.(13% conservative return assumed). I am sure you have planned for some regular income after you stop working(~6 years from now) to meet the regular expenses. Please make sure you have good family floater health insurance apart from employer's group health policy if any. Insurers typically insist 3-4 years of continuous coverage after which pre existing illnesses are covered. Consider investing in SSY in the name of second daughter if possible. As you approach your target move corpus away from equity MFs into liquid or ultra short duration debt funds.

*Investments in mutual funds are subject to market risks. Please read all scheme related documents carefully before investing

You may follow us on X at @mars_invest for updates.

Happy Investing

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