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
- RRajat Agarwal114 days ago
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%.