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Ans: Please have one directional goal. No dual policy. Let him go for MS from some good American University and after that he can get a good job in USA. No point in switching companies in India. A rolling stone gathers no moss. Forget about Govt. job in India. His talent won't be utilized and there will be routine transfers. So hit the bull's eye. Have a decent GRE and TOEFL score, have three good recommendation from his professors, one good SOP (statement of purpose) and after seeing the GRE score I will suggest the universities. Mostly in all the reputed universities of USA at least one student of mine is there sas a Professor and half of the year I stay in USA. No worries. I am there to counsel him. Only he must fix one aim. No ambiguity. Have unique aim, work hard with proper decision, rest the guidance will be given by me. Recommended more than hundred students to different reputed universities of US right from Princeton to Texas A&M, Clemson to Vermont. Never forget that I AM THERE BY THE SIDE OF YOUR SON LIKE AN INVISIBLE SHADOW TO PROTECT HIM AND GUIDE HIM.

Ans: Hello Shubhjot and thanks for writing to me.

As you are young and starting out, I would recommend you start with a mix of purely equity funds and then over time move to balanced advantage or aggressive hybrid funds. You can consider starting SIP's of equal amounts in:

1-UTI Small Cap Fund
2-Canara Robeco Small Cap Fund
3-Kotak Small Cap Fund
4-HSBC Midcap Fund
5-DSP Midcap Fund

While small and midcap schemes can be more volatile, these schemes have the potential to give you higher returns.

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