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Can I create a corpus for my child s education with a sip of Rs 10k? Synopsis If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts. Getty Images Eligible investment instruments include Employees Provident Fund (EPF), Public Provident Fund (PPF) etc. My wife and I have Rs 10,000 per month to invest as on January 11, 2021. We are thinking about getting a life cover for me and to do a SIP with the remaining money. We will be able to progressively increase SIP with time. As a goal, we would like to cover my child s education expenses and would like to construct a retirement villa which would cost Rs 70-80 lakhs as of today? What should be our allocation? Is our target realistic?