Investment Options for Children in Kindergarten

POSTED BY Keyur Jinwala ON March 8, 2015 11:43 am COMMENTS (3)

Hi I want to invest for my 5 month old. Can anyone provide me investment options with potential return on investment? It may be a single premium policy or may be premium at regular interval. Let me know what are the best options available

3 replies on this article “Investment Options for Children in Kindergarten”

  1. Nikhil says:
    March 11, 2015 at 2:35 pm

    I am NO expert on MF schemes, so I would resist from suggesting any. I would like you to do your own research and you’ll find a plenty of good schemes. Going by popular advice, you may opt any scheme with CRISIL rating 1 or 2.

    Reply
  2. Keyur Jinwala says:
    March 10, 2015 at 11:32 pm

    Thanks a lot Nikhil. I was expecting answer on the similar lines. Not sure but would you also be able to suggest few pure equity schemes which can be invested in? Mostly I’m looking for growth funds, spine may be tax free (elss).

    Reply
  3. Nikhil says:
    March 10, 2015 at 10:11 pm

    Look for pure equity investment with regular installments. Looking at the market right now, I would suggest putting small amount of money every month in one or two mutual fund schemes. You may opt one large cap and one small/mid cap fund for diversification.

    DON’T BUY moneyback plans! Time is on your side.

    Reply

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