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Nikunj Saraf  |205 Answers  |Ask -

Mutual Funds Expert - Answered on Mar 18, 2023

Checker Box Question by Checker Box on Jan 11, 2023

Sir, I want to start an SIP of Rs 15k for my son’s education, he is in 9th std and I may require around 7-8 lacs in next 5 years, please suggest where should I invest?
Ans: Hi Value Investor. Thanks for discussing your requirements and future goals. For the goal of 7-8 Lakh., you can easily start sip in mf of around Rs.15000 in categories like large & midcap, Multicap , Mid cap and Balanced Advantage Funds etc. Starting with Rs.15000 on a monthly basis can help you achieve the Child Education goal.

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