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Mutual Fund Corner: How much should I invest to create good corpus for my child's education & marriage?

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Mutual Fund Corner: How much should I invest to create good corpus for my child's education & marriage?

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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, Kaustubh Belapurkar, director manager research, Morningstar, on our show Mutual Fund Corner.

Mutual Fund Corner: How much should I invest to create good corpus for my child's education & marriage?
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, Kaustubh Belapurkar, director manager research, Morningstar, 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:
FundCategoryMorningstar rating1 year3 year5 years
Reliance Focused Equity GrFocused Equity (Small & Mid cap)NA-9.649.0321.60
ICICI Pru Bluechip GrLarge CapÙÙÙÙ2.6012.5615.29
ICICI Pru Banking & Fin Svcs GrSector- Financial ServicesÙÙÙÙÙ-1.5218.6822.44
Kotak Standard Multicap Reg GrMulti CapÙÙÙÙ1.9413.3519.36
DSP Midcap Reg GrMid CapÙÙÙÙ-6.7811.8421.88
The funds you are invested into are fairly good and we recommend staying invested.
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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