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Long Term Investment for Child’s Education and Marriage

One of my friend wants to invest for his childs higher Education and Marriage in Mutual Fund Schemes through SIP for a period of 15 to 20 years.He is ready to invest Rs 5000/- per month.

Expecting 12 to 15% returns without much risk, please suggest suitable mix up of Mutual Fund Schemes.Also please let me know

1.Whether on line investment option is available for such investment

2.Whether to invest through Asset Management Comanies directly or  through Brokers to reduce comission /brokerage in long term

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