5 replies on this article “Children education fund”

1. VIGNESH BASKARAN says:

   April 21, 2012 at 8:35 am

   Hi

   For goals like children education invest in Balanced fund such as HDFC Balanced / Hdfc Prudence In SIP mode and take a term cover (after calculating all your liabilities + future expenses).

   The above portfolio will help you to achieve your goal instead of goi for a child plan.

   Reply
2. BanyanFA says:

   April 20, 2012 at 9:43 pm

   Hi Hari,
   There is no rocket science behind a child plan. It combines Insurance with investment. You can create it yourself by investing regularly into an investment option and taking a Term cover. Check out http://insight.banyanfa.com/?p=348 which explains in simple steps how to build your own child plan which will provide much better returns than a child plan.

   Regards
   BanyanFa

   Reply
3. Hari Sudhan says:

   April 20, 2012 at 6:08 pm

   I want to save for my child.
   My age is 34.
   I am looking at 10 years investment.

   Reply
   1. ashal jauhari says:

      April 21, 2012 at 4:23 pm

      Dear Hari Sudan, please my reply in addition to what dear BanyanFA has already shared.

      First of all please purchase a term cover of at least 10-15 times of your yly income. Once the term cover is running, start investing in PPF + Eq. MFs like HDFC Top 200, Quantum Long Term Eq.

      Thanks

      Ashal

      Reply
4. ashal jauhari says:

   April 20, 2012 at 5:30 pm

   Dear Hari Sudan, do you want to save for your child(ren) or you want specifically chidren oriented funds only? What’s your age, time horizon, other investments…..?

   Thanks

   Ashal

   Reply

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