Investment Plans For Children


Bangalore: Parents start to dream about their child's future immediately after their birth and adopt ways to fulfill the needs and demands of their child. But it isn't an easy job with the costs rising every day and a proper planning is essential. To make dreams come to reality, it is important to choose the right investment plans for children. Here are a few investment plans that will help your child to achieve his goals in future- PPF
Investment Plans For Children
Starting a PPF account in your child's name immediately after their birth is the best possible thing you can do for your child. It is an excellent way for long term investment and you can withdraw once in a year starting from the 7th year. PPF is free of risks and offers 8% returns. The investments are exempted from tax. Till the child becomes a major, one of the parents can stand as a guardian.