Mutual funds for education of 2-month-old daughter

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I am looking to start investing for my two-month-old daughter – for her education. I would like to start with Rs 10,000 a month, but I can increase by 10 per cent every year. I’ve also opened a Sukanya Samriddhi Account in her name. Could you please suggest a right balance between SSY and mutual funds (please suggest schemes) in order to get maximum returns to cover her education?
--Ravi

You have not mentioned whether the corpus is meant for her higher education or schooling. If you are investing for a long term, you may consider investing in equity mutual fund schemes. However, you have to choose equity mutual fund schemes based on your risk profile. You have not mentioned your risk profile in your message. So, here are a few pointers: one, if you are conservative equity mutual fund investor, you may consider investing in aggressive hybrid schemes (they invest in a mix of equity (at least 65 per cent) and debt) or largecap mutual fund schemes. If you have a moderate risk profile, you may consider investing in multicap schemes. Aggressive investors with a high tolerance for risk and volatility can invest in midcap and smallcap schemes. Remember to choose a scheme that matches your risk profile.

Here are a few useful links:
Best aggressive hybrid schemes to invest in 2018

Best largecap schemes to invest in 2018
Best multicap schemes to invest in 2018
Best midcap schemes to invest in 2018
Best smallcap schemes to invest in 2018


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