Which is best mutual fund for SIP for my daughter

I am regular reader of your article. I am not an advisor. But I am regular investor through SIP. Now I want to start new SIP for my daughter 25 years old, KYC is ok for long term 2500/Rs can save. Would you suggest best MF for SIP?

Aug 29, 2017 by Sanjay Ingale, Pune  |   Mutual Fund

Good to know that you are already investing in mutual fund SIPs. As your daughter is only 25 years old, you can guide her to invest in diversified equity mutual funds.

Diversified equity mutual funds invest across all sectors and market caps and best suited to individuals with high risk profile having minimum 5 years investment horizon in mind.

Read more about diversified equity funds https://www.advisorkhoj.com/articles/diversified-equity-funds...

For investing Rs 2,500 per month you can choose any one fund from the following suggestions -

Birla Sun Life Advantage Fund

SBI Magnum Multi-Cap Fund

Hope the above helps! Thanks for writing to Advisorkhoj !!

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