personal finance management Nilesh Deshmukh, 06 Feb 2014

I'm 33 with 3 yr old son want to invest 40k/month in sip mfs.goals are child education(15 yrs - 50lkh) and marriage (18yrs-50lkh).please suggest gud sip mfs with amount/month for each goal.Thanks

Fintotal Answer

Hi Nilesh, your goals are long term core goals. Inflation is a major cause of worry in long term and therefore one should invest in inflation beating products for such goals. Equity mutual funds have the potential to beat inflation. Start an SIP in one well performing equity diversified mutual fund. One fund will give you all the diversification you need. The list of recommended funds can be seen at http://mutualfunds.fintotal.com/. 

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