Core and Satellite Approach for Child Education – How to go about?.

Dear All,

I have tried finding the information on Core and Satellite approach and, its advantages and disadvantages from our forum, but was not successful.

I have few points to discuss/rather suggestions.

1. How a core and Satellite should be made.

   Should it comprise of 2-3 Large and 1 Midcap Fund (In Core) and have More aggressive Mid Cap/Oppurtunities Fund in Satellite?

                            OR

Should it comprise of 2-3 Large and 1 Midcap Fund (In Core) and have Sector Funds (Banking, FMCG and Pharma) Funds in Satellite?

2. What should be ideal review period for Core and Satellite seperatly, since these 2 should be maintained seperately (If not please let me know why?).

3. Can this process work better to just have 1-2 Large Cap and 1-2 Mid and Small Cap Funds?  –  Any information/links suggesting such data, i would be thankful.

Searched Extensively but could not find the information, hence this request.

 

FYI – MY PPF, Life Cover, Emergency Fund and Medical Insurance are in place.

I am looking for a returns of about 11-12% CAGR over a period of 16-17 Years.

 

Any articles related to this can be helpful.

Thanks in Anticipation,

Sunil.