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Investment for Children’s Education

Investment for Children’s Education

Investment for Children’s Education

We love our children and want the best in life for them. We want to provide our children with the best resources, the best facilities and infrastructure, best amenities and most importantly, the best education. Education cost is rising at a fast pace. Access future needs by assuming an inflation rate of 10-12%. But are you prepared for it? Are you even aware of the present costs for higher education, let alone the future costs?

If investing for long-term, put at least 80% in growth assets - equity or balanced funds.

Start Early, Need to Invest Less

Start Early, Need to Invest Less

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Go for low-Risk Investment if the goal is very near

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Investment for Children’s Education

  • If investing for long-term, put at least 80% in growth assets – equity or balanced funds.
  • Start early to gain from the power of compounding. Increase the amount as your income goes up.
  • Create a SIP in their name and invest. This will help you in staying disciplined as this is for their future.
  • Let money received from birthdays, families go into this account and also educate them.
  • Gift other children from your relatives/family, a mutual fund.
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