A strategic way to achieve this is by investing into Mutual Funds in your child’s name right from when they are very young. Starting early allows your child’s investments to reap the gains ...

(Source: Baroda BNP Paribas AMC Internal Research) The Benefits of Children’s Plan in Mutual Funds One effective tool in this journey could be a Children’s Scheme offered by mutual funds.

An age-based mutual fund invests in more aggressive equity mutual funds for younger children, then automatically shifts to more conservative bonds as the child ages and gets closer to college.