I am 32 years and I have one daughter who is 2 year old. My monthly expenses are around 1 lakh including Emi, insurance and general expenses. We have 1 lakh surplus to invest. So far I have not invested in equity recently I gained some knowledge and looking forward to invest. What are some mutual funds I should consider to invest in Sip mode? Few funds I'll withdraw in 2028-30 for home and rest I'll continue to invest till my daughter higher education.

Ans: Hello, as per the data given , these are my suggestions :
1) Mid cap - 30%
2) Small cap - 30%
3) Multi cap - 20%
4) Thematic fund - 10%
5) Equity hybrid fund ( emergency fund ) - 10%

If everything is as mentioned , you should have about 1.08crs at 13%
You can aim to have a house worth 2crs - where in you can take a loan of 1.2crs for 15yrs
Where in your break up will be as follows :
Own contribution - 80L
Stamp duty - 12L
Interior cost - 25L
Loan - 1.2crs

In order to have a buffer , you should start investing more as and when your salary goes up

Please note that these suggestions are based on your stated goals and the information you provided. It is always a good idea to consult with a financial advisor in person to better understand your risk tolerance, time horizon, and specific financial goals.

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