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Mutual Fund Corner: Can I build a good corpus for my child's education and marriage with these schemes?

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Want to invest in mutual funds but don’t know how to go about it? Get all your mutual fund related queries answered by our expert, Harshvardhan Roongta, chief financial planner, Roongta Securties, on our show Mutual Fund Corner.

Mutual Fund Corner: Can I build a good corpus for my child's education and marriage with these schemes?
Want to invest in mutual funds but don’t know how to go about it?
Get all your mutual fund related queries answered by our expert, Harshvardhan Roongta, chief financial planner, Roongta Securties, on our show Mutual Fund Corner.

Q: 37-year-old Rumit Singh writes us from Pune. I am investing Rs 15,000 per month in Reliance Focussed Equity Fund-Direct Plan, ICICI Pru Banking & Financial Services-Direct Plan, DSP Midcap Fund-Direct Plan, ICICI Pru Bluechip Fund-Direct Plan and Kotak Standard Multicap Fund-Direct Plan. The near future goal I have of my daughter’s higher education and her marriage. I have 15-20 years horizon.
A: Stop SIP in Reliance Focused Equity Fund and switch that amount to Mirae Asset India Equity Fund. Rest of the portfolio is fine.
Click here to watch the full episode of Mutual Fund Corner

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
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