I am 41, have new born baby, need to invest 20k now, that i will need after 5yrs for his school admissions, plz tell me some MF and SIPS
Ans: Hi Prasanjit,
Looking at 5 years time horizon and moderate risk profile, i would suggest you to invest in Balanced Advantage funds category which will give you less volatility and smooth ride towards your goal of accumulating for school admission.
I hope this will help you.
Disclaimer: This information is only for educational purpose and not a buy or sell recommendation.