<p>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. </p><p> </p><img><p>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.</p><img><h2>This scheme has two options:</h2><h2>Investment Plan (Equity):</h2><p>High-risk, high-return, invests in stocks.</p><h2>Savings Plan (Debt):</h2><p>Low-risk, stable returns, invests in bonds. Choose based on your risk appetite.</p><img><p>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.</p><img><p>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.</p><img><p>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. </p><p><strong>Note: Mutual funds have market risks.</strong></p>
