Weddings are beautiful, but they can be expensive. From grand venues to designer outfits and lavish catering, the costs can add up quickly. A smart way to build your wedding fund is by investing in mutual funds.They are flexible, goal-friendly and offer attractive returns. Whether your big day is one year away or five, here is how to grow your money wisely through a systematic investment plan (SIP).SIP: Here’s How Much You Need To Invest To Accumulate Rs 50 Lakh In Five YearsWhat Is A Mutual Fund?A mutual fund is a simple way to invest your money. It collects money from many people and invests it in things like stocks, bonds, or gold. A professional, called a fund manager, takes care of where and how to invest this money. Instead of choosing stocks yourself, you let the expert do it for you. This helps reduce risk because your money is spread across many companies. Mutual funds are easy to start, and you can begin with small amounts like Rs 100 per month through SIPs. Over time, your money can grow, depending on market performance.How To Invest For A Wedding Through Mutual FundsSet Your Budget And A TimelineStart by estimating your total wedding cost. Don’t forget to include major expenses like jewellery, venue, catering services and honeymoon, among others. Next, figure out how much time you have to remain invested. If it is less than 2 years, you will need safer options like debt mutual funds. If it is more than 5 years, you can opt for riskier options like equity funds, which also offer higher returns.Choose The Right Fund TypeFor short-term goals (under 2 years), stick with debt funds or liquid funds. They come with low to moderate risk.If your goal is 2-5 years away, consider hybrid funds that balance equity and debt. For long-term goals (5+ years), equity mutual funds could be suitable, as they offer better returns over time. You can also invest a small part in gold ETFs or gold mutual funds, especially for jewellery needs.SIP Or Lump SumIf you are saving regularly from your income, a SIP (Systematic Investment Plan) is perfect. You invest a fixed amount monthly, and it grows over time. If you already have a sizable amount in hand, you can go for a lump sum investment, which is best suited for long-term plans.Diversify Your PortfolioDon’t invest all your money in one type of fund. If your wedding is 3 years away, you could split your investments-- for instance, 50% in hybrid funds, 30% in debt funds and 20% in gold funds. As your wedding date nears, slowly shift your money into safer funds to protect your gains.ReviewEvery 6-12 months, check how your funds are doing. If one is underperforming or your risk level has changed, adjust accordingly. Closer to the wedding, move more money into debt or liquid funds to keep it safe and ready to use.Mutual funds are a smart way to save for your wedding. With proper planning and discipline, even small monthly investments can help build a sizable fund for your major life event. Start early, choose the right mix of funds and track your progress. When your big day arrives, you will be ready with a corpus fund without the need to borrow money.SIP Calculator: How Long Does It Take To Make Rs 10 Lakh With Rs 2,000 Per Month?. Read more on Personal Finance by NDTV Profit.