POSTED BY November 24, 2012 10:57 pm COMMENTS (3)ON
For child education (13years from now), do i need to invest in HDFC children gift investment plan? OR in other diversified funds like quantun longterm equity and IDFC Premiur equity?
is there any different procedure to invest in child mutual funds?
R Siva Prasad
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3 replies on this article “HDFC Child Gift Invest Fund VS Diversifed Equity Funds”
Thank You Sir
Also you can look this this article which will help you design your child future – https://www.jagoinvestor.com/2012/02/create-best-child-policy.html
HDFC children gift investment plan is a balanced fund with about 70% in equity.
IDFC Premier Equity is a mid and small cap fund
Quantum Long Term Equity is a large and mid cap fund.
After identifying how much you need to invest each month you could start investing about 40% in Quantum Long term equity
40% in HDFC Child gif invest or HDFC balanced or prudence
20% in IDFC premier equity
One of many ways of doing this.