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How to build a ₹1-cr education fund for my children in 12 yrs?
Mint Mumbai
|December 05, 2024
I'm 35, planning to invest ₹50,000 monthly for my kids' higher education in 10-12 years, aiming for ₹1 crore.
Investing through mutual funds offers flexibility in terms of liquidity, risk-based choices, and return potential, making them an excellent tool for achieving long-term goals like funding your children's education.
Given your 10-year investment horizon, equity mutual funds are the ideal choice for building your target corpus, as they typically outperform debt and hybrid funds over longer timeframes.
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