I want to invest in mutual funds for my 2 children for a period of 10 years. Where should I invest?
—Shirish
You don’t need to do anything different while investing for your children. Just choose a couple of well-performing, mainstream funds and invest in them regularly via the SIP route. Some options from the multi-cap category that you can choose from are HDFC Equity, UTI Equity, UTI Opportunities, Birla Sun Life Frontline Equity and ICICI Prudential Dynamic. Invest in these funds through all market cycles, and review them at least once a year.
This article was originally published on December 14, 2012.