Aravind, a 35-year-old salaried individual wishes to invest Rs. 15 lakhs in different investment avenues. He plans to invest in the education of his two children aged 5 and 8 years old, retirement, and contingency. Assuming the role of a Portfolio Management Consultant design a suitable portfolio for Aravind if

a. He is willing to take the moderate risk for his investments. (10 Marks)

b. He is a risk-neutral investor. (10 Marks)

( The answer should be a min of 800 Words with a theory explanation )