Retirement & Financial PlanningJun 26, 2015•2 min read
Give Your Child the Wings to Reach Out to Their Dreams
Planning for a child's education and future ambitions through mutual fund investing.
Tejas Shah
Proprietor of Silicon One and Silicon Systems, AMFI-registered Mutual Fund Distributor since 2004, based in Vadodara.
Your parenting is perfect, but is your planning adequate? Are you thinking beyond the immediate to the future — higher education and professional courses, in India and abroad? Many children are keen to pursue unconventional careers; as parents you would never let money come in the way of your children fulfilling their true potential.
Children's fund performance (1/3/5-year, as on 25 May 2015)
HDFC Children's Gift Fund (Investment Plan): 24.10% / 23.93% / 19.34%. ICICI Prudential Child Care Fund (Study Plan): 27.65% / 19.47% / 14.96%. Templeton India CAP Fund (Gift Plan): 32.91% / 24.46% / 15.71%. UTI CCP Advantage Fund: 23.67% / 22.59% / 13.44%.
Start early and invest regularly. Put the power of compounding to work for you, year after year. (This post also included a Gujarati passage on planning for a child's future through mutual funds, inviting readers to get in touch for more details: આપ અપના સંતાન ની કાળજી તો વ્યવસ્થિત રીતે લો છો. પરંતુ શું આપનું પ્લાનિંગ પુરતું છે? મ્યુચ્યુઅલ ફંડ આપને આપના બાળકના ભવિષ્ય માટે ઘણી રીતે મદદરૂપ થઇ શકે છે.)
