You need to understand your risk profile to determine your risk appetite and risk capacity to determine how much equity exposure should be considered
I am 42 years old and have two children—10 and 8 years old. My wife passed away recently. I’ll receive ₹ 1 crore as the sum assured from her term plans. My goals are education and marriages of both children. In today’s amount, I want ₹ 25 lakh for graduation, ₹ 50 lakh for post grad and ₹ 50 lakh for the marriage of each child. How should I invest?