SECURING YOUR CHILD'S FUTURE

LOOK AT THE TOP 5 INVESTMENT OPTIONS THAT YOU CAN CONSIDER

Published By Livemint | 05 Dec, 2022

Smart investment can help parents prepare for their children’s future needs 

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A low-risk, decent return paying small savings scheme for parents of a girl child

1. Sukanya Samriddhi Yojana

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Applicable for girls and boys, PPF can be opened with a min of  100. It offers tax-free interest

2. Public Provident Fund

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Offer higher returns than savings, but bear market risks. Risks are lower over long term

3. Child-specific equity mutual funds

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Term insurance plan for parent can get child/family lump sum amount in misfortunate events

4. Term Insurance plan

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Gold ETF is investment in Gold in paper format. A good hedge against inflation, it also beats the risk of theft

5. Gold ETFs

We advise investors to check with certified experts before taking any investment decisions

Disclaimer

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