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Ankit

Ankit Mehra  | Answer  |Ask -

Study Abroad Finance Expert - Answered on Jan 27, 2023

Ankit Mehra founded GyanDhan, a study abroad financing marketplace to help Indian students find end-to-end education loan and financial assistance, in 2015.Mehra holds a BTech degree in mechanical engineering from IIT-Kanpur and an MBA from the IESE Business School, Barcelona.... more
Shaukat Question by Shaukat on Jan 27, 2023Hindi
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Is it suitable to send my daughter to abroad for higher study in dental field ?. She has completed BDS from ESIC college Delhi. she interested in higher study like PG. please tell me your guidance or opinion Shaukat Ali

Ans: If you are planning to send your daughter abroad for higher studies in dental field, please ensure that you understand the eligibility of the target course. There are many admission consultants who promote medical courses abroad, but the student needs to understand if the international university is recognised by the Indian authorities or not. Furthermore, students will also have to pass a qualifying exam to be able to practice in India https://dciindia.gov.in/Admin/NewsArchives/Public%20Notice%203.pdf
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Sushil

Sushil Sukhwani  |560 Answers  |Ask -

Study Abroad Expert - Answered on Oct 14, 2023

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Good Morning Sir, My daughter is completing MDS as Orthodontist next year from Bharti Vidyapith Pune. Is it ok to send her abroad to make future prospectus ? what is your advice.. which country is better?, What is the cost involved? Can she be in India and get better future here ?
Ans: Hello Ravindra,

To begin with, thank you for contacting us. I am glad to hear that your daughter will be completing her Master’s of Dental Surgery as an Orthodontist the following year. Concerning your query as to whether she can remain in India itself and acquire a better future, I would like to tell you that we only deal with overseas education. Similarly, concerning your query as to whether it is okay to send your daughter abroad for better future prospects after she completes her degree, I would like to tell you that doing so can be a fantastic opportunity. Nevertheless, there are a number of aspects that need to be taken into account. First and foremost, your daughter will need to make sure that her qualifications are globally acknowledged. Moreover, she should ensure that these qualifications fulfill the prerequisites for licensing of the country she intends practicing in.

Several aspects viz., the living standards, language competency, preferences based on culture, as well as the job prospects play a key role in deciding which country is better. As asked by you, I would like to say that the UK, the USA, Australia, and Canada are some of the typical locations for one seeking a job in orthodontics.

The costs of living, tuition costs, as well as possible licensing and examination costs are associated costs included in pursuing a profession overseas that can be significant. I would recommend that on choosing the country for better future prospects, your daughter conducts a thorough study on particular costs as well as looks into various scholarships and possibilities for monetary assistance. Not just that, she should also check if she requires to undergo training or appear for certification exams to fulfill the requirements set by the country in order for her to be able to practice Orthodontics. The prerequisites for visa should also be taken into account by your daughter. Lastly, I would like to say that it can be an excellent decision to send your daughter overseas for better future possibilities. Nevertheless, to guarantee a smooth transition, a comprehensive study and meticulous planning is required.

For more information, you can visit our website.

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Milind

Milind Vadjikar  |741 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Dec 03, 2024

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What happens when a Mutual Fund company shuts down / gets sold off?
Ans: Hello;

If a mutual fund company gets sold or fails, the process is prescribed by SEBI:

In case MF company is Sold,
The new fund house may:
1. Continue the scheme with a new name and management.

2. Merge the scheme with similar funds and offer investors the option to exit without any exit load.

In case MF company shuts down,
The fund house will:
1. Pay out investors based on the fund's last recorded Net Asset Value (NAV) and the number of units the investor holds, after deducting expenses.

2. If the company is not in a position to do so then SEBI may liquidate the funds assets and distribute the proceeds to unit holders.

It is also pertinent to note that mutual fund regulation in India is one of the most stringent and hence best, from investor's point of view, globally.

This is not just in theory. We have seen how the Franklin Templeton abrupt closure of debt funds was handled with surgical precision, by SEBI, with no loss to unitholders.


Skin in the game regulation mandates that 20% salary of key mutual fund personnel and fund managers is paid in terms of units of their funds with a 3 year lock-in.

The stocks and bonds purchased by the AMC for the fund are held by a custodian, appointed by the trust that administers the fund.

The trust engages into a investment management agreement with the AMC for managing the fund as per their mandate and within regulatory guidelines.

Registrar and Transfer Agents handle the investor registration,kyc, maintaining records, providing account and tax statements etc.

Happy Investing;
X: @mars_invest

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