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Child Plan

Invest for goals, not just the child. Speak to a financial advisor to understand investment options from various fund providers and choose funds suited to the child's age and your goals. For young children, choose aggressive stock funds but become more conservative as the goal date approaches to protect savings from market fluctuations close to need. Maintain a disciplined investment plan as a regular budget item for successful investing over the long run.

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31 views1 page

Child Plan

Invest for goals, not just the child. Speak to a financial advisor to understand investment options from various fund providers and choose funds suited to the child's age and your goals. For young children, choose aggressive stock funds but become more conservative as the goal date approaches to protect savings from market fluctuations close to need. Maintain a disciplined investment plan as a regular budget item for successful investing over the long run.

Uploaded by

jmkcbe
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Investment Strategy for Children

here are other open ended children's funds from hdfc, icici, tatas and lic for kid's growth
plan. ask your financial advisor to explain each fund before picking up the right fund. always
invest for a goal and not for a child. know how much you need to pay for college or to
achieve any other goal by doing reality checks. stay with a disciplined investment plan. the
key to successful investing for children is to make it an important part of your budget.
choose your investment and contribute the same amount month after month. if your child is
a newborn or up to age 6, keep all of your funds in aggressive stocks or funds. with 14 to 17
years before your child starts college, you can accept a higher level of risk and aim for
maximum growth. if your child is older and you're just starting to invest, you may not want
to take the most aggressive approach. if you have only one or two years left before college,
you're better off making no investments at all. look for some conservative investment
options. always remember: don't let your child's education cost you your own financial
future.

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