Investment for Kid’s Education & Marriage

Hi,
May I know if you have adequate life cover  & health cover? (Life insurance & Health Insurance)
Do you have any existing investments?
You may download the calculator available in the below article and calculate approx required savings to accumulate the corpus for Kid's education/marriage.
http://www.relakhs.com/calculate-kids-education-goal-amount/
Considering the long investment horizon, you may consider investing in Equity oriented funds.
Kindly read:
http://www.relakhs.com/top-15-best-mutual-funds-schemes-2016-sip-lumpsum/
http://www.relakhs.com/best-mutual-fund-scheme-risk-ratios/
http://www.relakhs.com/mutual-fund-portfolio-overlap-comparison-tools/
http://www.relakhs.com/list-of-best-investment-options-schemes-in-india/
http://www.relakhs.com/my-mutual-fund-portfolio-mf-picks/

Dear Expert, I am looking for advice on investment for child  marriage.
Girl Child Age : 16
My age : 48 yrs
Investment horizon : next 6-7 Years Currently I have Rs 500000 in my hand .Please advice me what where should i invest.