Readers' Corner: Mutual Fund

Currently, equity linked savings scheme do not provide dividend reinvestment facility

My daughter is two years old. I am looking to invest for her education, as well as my retirement. I have a monthly surplus of Rs 30,000, and am looking for Rs 1.5-crore corpus in 18 years. What sort of mutual funds should I be looking at? 

While making investments, it is important to have a clarity in terms of investment horizon, risk profile and goal. As you have mentioned that you are looking at making investments to secure your retirement corpus and for your daughter’s education, you can continue to remain invested for a long time. Currently, most of the