This Children’s Day, start investing in these 5 schemes, with a secure future you will never worry about money in future.
Business News Desk – Today is the birth anniversary of the country’s first Prime Minister Jawaharlal Nehru. Pandit Nehru loved children very much. Children used to call him Chacha Nehru. Therefore every year his birthday is celebrated as Children’s Day. This day is a day to make people understand their social responsibility towards children because children are the future of our country. Education of children is very important to secure their future. But to provide better education, a good amount of money is required. Know here those 5 investment options which will secure the future of children and will be helpful in meeting all their needs.
SSY
If you are the parent of a daughter, then you can invest in Sukanya Samriddhi Yojana to secure her future. This government scheme is run for daughters. Investment in this scheme can be made in the name of a girl child below 10 years of age. In this you have to invest for 15 years, this scheme matures after 21 years. At present the interest rate on this scheme is 8.2 percent.
nps vatsalya
The government of the country has recently launched NPS Vatsalya for children, under which you can invest for the future of your child. It is an extension of the regular National Pension Scheme. The returns in this market linked scheme are also market based. The benefit of NPS Vatsalya Scheme will also be available for the child’s higher education, starting a business or any other major need. However, on maturity, at least 80 per cent of the total amount will have to be reinvested in the annuity plan and you can withdraw only 20 per cent. Investment in this can be started from Rs 1000. There is no maximum limit on investment. If you keep investing even a small amount in NPS Vatsalya for your child, you can create a big fund by the time he turns 18.
Sleep
Gold is an option that you will definitely need in the future. But if you do not want to invest in physical gold, then you can invest in digital gold or gold ETF. Looking at the way gold prices are increasing, it is being estimated that it can give very good returns in the future. In future, you can also convert digital gold into physical gold as per your need. If you keep investing even a little money in gold, you can earn good profits in the future.
mutual fund sip
You can also invest in mutual fund SIP to secure the future of children. Investment in this scheme can be started from Rs 500. This market linked scheme is considered to be less risky than direct shares. However, its average return in the long term is around 12 percent. Through this scheme, you can create a good fund for your child in the long run.
fixed deposit
If you want to invest a lump sum amount for your child, then you can invest in FD for them. In this your investment will be safe and you will also get guaranteed returns. If you invest in 5 year FD, you can get tax benefits along with better returns.
