The Economic Times

Want Rs 1 crore for your childs education in 18 years? See how a Rs 20,000 monthly SIP can help

Want to build a Rs 1 crore corpus for your childs higher education in 18 years? An investor with a moderate-to-high risk appetite can achieve this goal with a Rs 20,000 monthly SIP, assuming a 9% long-term return. An expert recommends a diversified equity portfolio initially, followed by a gradual shift towards safer investments during the final three years to protect the corpus.