A child’s education is most important so it is advisable to go with investments which have lower risks. Parents who invest in FDs should keep one thing in mind that the post tax returns for such investments will be very less hence they can also choose  for investing in secondary markets.

It is good to choose fixed income or debt products if the tenure of goal is around three to five years. There are possibilities of capital erosion in the case of equities. It is advisable to go for 75 percent in debt and 25 percent in equities. If the goal is around 10-20 years away then there is more time to move the volatility in equity.

In order to tackle with multiple goals you need to prioritize on the goal which is of highest priority for instance, if you have plan of buying a house and another plan of saving funds for marriage and going for holidays after that then a large amount of money should be invested in saving for buying a home. You can decide on taking the type of investment on the basis of you goal. Look out for investing much in the priority goal and you can save your equities for the second priority like going for holidays. Thus taking a right decision on investment plans will help you secure your future too.

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