In which SIP to save for marriage of my three daughters

I want to invest in SIP for corpus accumulation for the marriage of my 3 daughters over a period of 15 years. Currently I can invest Rs 1000 for each of the three. I am a low to medium risk taker. Can you suggest some SIPs? Should I invest in the same SIP for all three or diffrent SIPs?

Apr 9, 2017 by Housewife, Delhi | Mutual Fund

Very heartening to note that you want to save for your daughters marriage through SIPs. Congratulations !!

You can invest in one fund for all three or even select 3 different funds for your three daughters, choice is yours.

Given that your risk profile is low to medium, we suggest you to invest in balanced funds. You can select any one or three funds from the following list and start investing for your children's marriage goal -

ICICI Prudential Balanced Fund, SBI Balanced Fund, DSP BlackRock Balanced Fund, HDFC Balanced Fund, L&T India Prudence Fund or Birla Sun Life Balanced 95 Fund.

You may also check here how the SIP returns of Balanced Fund has been in the past - https://www.advisorkhoj.com/mutual-funds...

Hope the above helps!

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