Small Savings, Big Dreams: Start Rs 500 Investment for Your Child Today

Investments: Currently, education and living costs are rising fast. That's why it's necessary to start saving for your children's future right away. Let's now learn about a mutual fund scheme specially designed for kids.  

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What is the goal of this fund?

Start this scheme for kids under 18, managed by parents. It's a great option to build a fund for their future needs like education or career. Early investing boosts growth via compounding.

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Investment Structure – Two Paths

This scheme has two options:

Investment Plan (Equity):

High-risk, high-return, invests in stocks.

Savings Plan (Debt):

Low-risk, stable returns, invests in bonds. Choose based on your risk appetite.

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Lock-in Rules

Money is locked in for at least 5 years or until the child turns 18, whichever is first. This rule encourages disciplined saving and ensures the fund is used for the child's future.

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Minimum Investment

Accessible to all, this scheme allows a minimum SIP of just Rs. 500/month or a lumpsum of Rs. 5,000. It's ideal for building a large fund over 10-15 years for long-term goals.

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Benefits and Precautions

Managed by experts for long-term wealth. It's market-linked, so returns vary. Invest with a long-term view. Consult a financial advisor before investing. 

Note: Mutual funds have market risks.