My daughter is 5 years old, which child plan is the best in the market?

POSTED BY rahulsharma2617 ON September 21, 2014 10:56 pm COMMENTS (2)

My daughter is 5 years old, which child plan is the best in the market?

2 replies on this article “My daughter is 5 years old, which child plan is the best in the market?”

  1. S T says:

    This is my child plan:

    Birth till age 10: Open a PPF account & start fresh SIPs in Equity MFs.
    Age 10 till 15: Keep investing in PPF. Systematically transfer Equity Funds to Balanced funds and invest fresh SIPs in Balanced Funds.
    Age 15 onwards: Since 15 years period is over, redeem PPF & and MFs and put them in Debt products (Debt MFs, FDs). For the next 3 years, invest fresh SIPs in Debt products.
    Age 18: Redeem your Debt products as the need be.

  2. Hemanth says:

    Child plans in the market are not at all good.

    Why I am telling for sure is, my father invested in a child plan and the Rate of return on it is just around 7% which I can get by FD.

    So, don;t invest in child plans.

    Invest in mutual funds, PPF for child’s education.

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