Where should NRI invest in India for 3 yr old child ?

POSTED BY praddy.ingle ON January 31, 2014 2:54 pm COMMENTS (2)

I am a NRI currently in the UK with a possible plan to return back to India in the next 5 years. I want to invest in India for my 3yrs son . Can anyone please be able to inform me as to which are the best policies for (only) insurance ? and which are the best policies for investment (with the aim to provide a lump sum for his future education, etc). I gather combined policies (insurance and investment) are not great. Hence this question.

2 replies on this article “Where should NRI invest in India for 3 yr old child ?”

  1. praddy.ingle says:
    February 3, 2014 at 4:51 pm

    Thanks Ashal for the reply.

    Reply
  2. ashalanshu says:
    January 31, 2014 at 4:28 pm

    Dear Praddy, the insurance should be for your life not for your child. Hence purchase term cover in UK for yourself. Once you are back in India permanently, you may opt to purchase here. Regarding investment, please invest in NRE FDs, MFs.

    Thanks

    Ashal

    Reply

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