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Hi Experts, I want to invest 5000 per month for my daughters education. I want to know more about whether I should take Sukanya Samridhi Fund with 9.1% return or go for MF.
I have 2 loans also right now, so don't want to take very much risk. If I should start a SIP, which fund should I take?
Thanks in advance
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Hi experts plese elabarate sip mitra sbi mutual fund . we ca invest in direct fund
Better is to invest in mutual funds because mutual funds will give you a minimum of 12% returns. If you see any of the MF scheme it give more than 12% returns if investor started investing from last 15 to 18 years in a discipline manner.
If we are talking about risk then you can diversified your portfolio into 2 funds one is large cap or bluechip funds and another is debt fund which gives you the return of more than 9.1%.