Which SIP is best for study plan for children? pradeep, 16 Sep 2013

I am a government employee and want to take an SIP for my Child study plan after 10 years who is 6 years old now. i can invest 2000 Rs per month.

Fintotal Answer

Dear Pradeep, you are planning for a goal which is a long term and a core need. For such needs one must invest in equity diversified mutual funds, since growth assets like equities and equity related products, gold, real estate, etc have the potential to beat inflation. You may pick one fund from our recommended list for long term core goals and invest in it through monthly SIP. If this is your first time of mutual fund investment, then do no forgot to get your KYC done. 

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