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:

    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.

  2. rakesh says:

    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

  3. 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

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