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Where should I invest for the education and marriage of my grandchildren?

Dhirendra Kumar sheds light on different funds where you can invest for your grandchildren

I want to invest some amount for the marriage and education of my grandchildren. Kindly advise.
- Dinesh Bhatia

The answer to your question depends on how far your goals are. If your goals are five-seven years away, then an aggressive hybrid fund may be a good choice. But if the goals are 10-15 years away, then you can consider investing in multi-cap funds.

You can do this investment in your name and gift it to them. The advantage of this is that your grandchildren won't be able to use this money till they reach their majority.