Hi,
My son was born in Dec. 2010 and from that time we decided to save 25,000/- per month on his name, Now it become 5,25,000/-. Until now we did not put that amount in any MF/ULIP/Insurance/ETF…etc because I dont know anything about that.
But now I am thinking to invest that amount and want to continue for another 20 to 25 years. My monthly salary is 1,32,000 INR and I can invest upto 50,000 per month. I dont have any insurance policies and others. I have my future plans like House (75lacs), Education (30lacs), after retirement Dairy Farm (25Lacs), School (15lacs) & 1cr savings…etc. Based on this could you please suggest me in which area and schemes i have to invest with medium to moderate risk or i will invest in real estate ? I am coming to India this Dec.\’12 and want to start my investment. So please give your valuable advice.
Regards,
DSR