What are the best schemes that I should invest in that would give me maximum returns? My daughter is five now.

3 Replies
undefined profile icon
Write a reply

Hi, Diversified Equity Mutual Funds are best investment options for children education. Here are some funds explained with examples. Your daughter is 5 years old. So, first you have to plan for her Graduation expenses and then Post Graduation Expenses. 1.Graduation: (e.g. Engineering) Current Cost - Rs. 6 Lacs Inflation : 10% Future Cost after 13 Years: 20.71 Lacs Expected Rate of Returns: 12% Monthly Investment Required to achieve this goal: Rs. 5,565/- OR Lump Sum Investment Required to achieve this Goal: Rs. 4.75 Lacs Suggested Funds: 1) DSP Blackrock Microcap Fund - 3,000/- per month 2) Kotak Select Focus Fund - 2,500/- per month 2. Post Graduation: (e.g. MBA) Current Cost - Rs. 15 Lacs Inflation : 10% Future Cost after 17 Years: 75.8 Lacs Expected Rate of Returns: 12% Monthly Investment Required to achieve this goal: Rs. 11,465/- OR Lump Sum Investment Required to achieve this Goal: Rs. 11.04 Lacs Suggested Funds: 1) Birla Sun Life Frontline Equity Fund - Rs. 6,000/- per month 2) HDFC Midcap Opportunities Fund - Rs. 5,000/- per month Hope it helps!

Read more

Fortunately, there are a lot of various articles and even books on this subject and as for me, I think that you need to pay your attention to this one on what is a NFT https://www.avax.network/non-fungible-tokens because it seems to me that it can really help you with everything right there. You can also try to google more options about everything

Read more

Promo terbesar expert care sudah dimulai, diskon hingga Rp.100.000 sedang berlangsung di shopee, ada juga voucher diskon 100% alias gratis bagi bunda yang beruntung. Buruan cek di https://shope.ee/9UfEMMqqTg (id-10441)