Few steps that you need to follow
- Set a target amount for this. Narrow College and career choices down to 2-3 options and take into account current costs.
- Find out how much you need to save monthly to achieve this target. It is important to account for the increase in salary and inflation.
- The investments for your children education that are 10 years away should primarily hinge on equities. Therefore, a SIP into equity-oriented mutual funds with a mix of large-cap and mid-cap is recommended