I have been investing Rs 10,000 per month each in HDFC Midcap and HDFC Equity. The current value of the accumulated corpus is around Rs 4.5 lakh. I would need Rs 7-8 lakh next year for my kid's higher education. Should I increase the SIP by Rs 20,000 in the same funds or open a recurring deposit to meet the deficit?
- Anil
This article was originally published on August 27, 2018.