Where should I invest for my child’s education?

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 35 years old. I have been investing Rs 5,000 per month in Sundaram S.M.I.L.E. Fund since last one year. Please suggest a suitable portfolio. My goal is my five-year-old child’s education and marriage and wealth accumulation. I have a low to medium risk appetite.
--Daksha Sawant

Abhay Shah, a Certified Financial Planner, responds:

You have not mentioned the amount you want to accumulate. It is not possible to offer a personalised response without that information.

Here are some good schemes you may consider investing:
Smallcap – Reliance Small Cap Fund (40.04 per cent)

Midcap – IDFC Sterling Equity Fund (36.19 per cent)
Infra Fund – L&T Infrastructure Fund (37 per cent)
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