investment for childs education

POSTED BY santoshkumar p h ON October 2, 2010 10:36 pm COMMENTS (3)

sir,

I want to invest 1 lakh rupees now for a period of 10-12 years for my childs education. I wish to invest in mutual funds & i can take moderate risks, kindly sugest me a few good mutual funds to invest in.

thanking you,

3 replies on this article “investment for childs education”

  1. bharat shah says:
    October 5, 2010 at 4:47 pm

    you can also check ‘hdfc prudence’ ,if you like to invest lumpsum now. one good diversified mutual fund for sip route is ‘quantum long term equity’ mf.

    Reply
  2. rakesh says:
    October 3, 2010 at 6:04 pm

    As your duration is long term you need not wait for correction. You can start monthly SIP in any of the below funds –

    HDFC Top 200
    DSP Top 100
    Reliance Growth

    You can expect atleast 12-15 % returns over long term.

    Rakesh

    Reply
  3. MoneySavingsHelp says:
    October 3, 2010 at 8:39 am

    Wait for some correction in market before you invest at this stage. After that, you can divide your amount in Reliance Regular Savings Fund – Equity & HDFC Top 200. Start some amount in same as SIP also. That will act as catalyst to your portfolio.

    All the best.

    Hope it will help you.
    InvestmentKit.com

    Reply

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