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Need advice on SIP for my wife with the goal of less risk reasonable returns

My wife is an orthdontist with monthly income around 25k. Practically she doesnt have to pay much income tax.

Now she wants to save around 5K permonth. I m thinking of doing an SIP in a balanced or MIP fund. Any guidance on what kind of fund would make sense specially given her tax status. It would be great if you can suggest a few as well. As of now I have reliance MIP or HDFC prudence in my mind.

 

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