Best Child Education and Investment Plans in India

With the Child Education Plan, you may plan the direction of your assets while keeping in mind the financial needs of your child for higher education.

A lump sum investment or regular instalments can be made, depending on the corpus needed and the time frame available.

Why are you investing?

Planning your investments requires knowing why you want to invest and your financial objectives. Additional financial needs may be linked to various objectives. They may also have varied tenure requirements for fulfilment, and hence, varying risk tolerances. As a result, you must make a list of your motivations for starting to invest.

You can make sure that these financial objectives are time-bound, specific, quantifiable, attainable, and practical when you list them. Inflation is a further crucial factor to think about.

Your ambitions become more valuable over time. Due to inflation, money loses value over time. Therefore, when setting these goals, you can take into account the potential changes that inflation may have on the goal value in the future.


Best Child Education


What to look for in an investment?

Before making an investment, consider the three characteristics of SLR (Safety, Liquidity, and Returns). Safety refers to the issuer's capacity to pay back the principle and interest. Lower the return, higher the safety. Conversely, greater risk results in greater reward. The ease with which you can turn your investment into cash is referred to as liquidity. Liquidity is inversely correlated with return. The income received as a result of the investment, including interest, dividends, capital gains, appreciation, etc.

Considerations while selecting the best saving plan for a child

  1. Consider more than a single plan
  2. A plan that provides you with enough of a corpus to cover prospective educational bills, medical emergencies, and other unforeseen charges should be taken into consideration.
  3. Consider the rising rates of inflation and account for additional costs for this.
  4. Record your current earnings and consider whether you can use some of them to start a fund for your future children.
  5. Think about long-term investments that have guaranteed maturity amounts and as little risk as feasible.

Best Child Education Plans

New Children's Money Back Plan

Jeevan Lakshya

Jeevan Tarun

HDFC Life Youngstar Udaan



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Location: India

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