Which mutual funds are good to create a corpus of ₹ 60 lakh for kids' education - News Summed Up

Which mutual funds are good to create a corpus of ₹ 60 lakh for kids' education


I am investing in Franklin India Prima Fund, Kotak Standard Multicap Fund, DSP World Gold Fund, HDFC Top 100 Fund. Will these mutual funds help me to reach my goal? Please suggest the best mutual funds for my kid's higher education. --Pawan JhaBy Divam Sharma, Co-Founder, Green PortfolioConsidering that your investment goal is minimum 10 years away, we suggest that you invest your capital in equity mutual funds and then start shifting your capital to GILT mutual funds, three years before your goal. You can switch out from HDFC Top 100 Fund to HDFC Index Fund (Sensex Plan)- Growth option.


Source: Mint November 15, 2020 05:48 UTC



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