How to invest for my daughters’ marriage?

If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.

BCCL

I am a 42 year old man. I can spare Rs 25,000 to Rs 30, 000 monthly to invest for 15 to 20 years. Currently, I have SIPs in ABSL Top 100 Fund, Kotak Select Focus Fund, L&T Emerging Businesses Fund, HDFC Balanced Fund and Reliance Small Cap Fund. I want to invest for retirement and my daughters’ marriage.

--Sanjeev Kumar Pandey

Ankita Tanna Narsey, founder, Oaktree Financial Advisors, responds:

You did not provide the details of breakup of SIP amount in each of these funds. Your current selection of funds is well diversified.

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