There has been a structural shift in the concept of a family over the past two decades. According to the recent survey many joint family is split in to nuclear families. The shift is due to many opportunities in abroad, higher influence in western cultures etc.
When a child grows day by day the needs and expenses increases day by day. The expenses could be education, business, marriage or business. To acheive these aspirations, meticulous and scientific planning is required to make sure that you dont have to compromises in providing for your child.
The future is uncertain, especially in terms of economy. Our investment on every month will grow to a big tree of money in future for your child.
So, you may ask your self a question. where do i invest. The answer is mutual funds. There are no other products that can give you a easier wealth in small size investments.
When you give your child a mutual fund you will not only be giving them a gift to grow or accumulate over the years but you will also be helping them to teach about finances and the benefits of investing ther money.
The mutual funds has a wide range of procedures, that is they invest in blue-chip companies, high return fixed income instruments, real estate, bonds and the most favourite asset class now is gold.
The stock market cannot be predicted easily by any one. since they behave on investors mentality and according to the economy of India.
Mutual funds are diversified in nature and asset location are inherent in them, which makes them a great investment avenue for our savings.
Mutual funds are both professionally managed and easy to liquidate.
The avenues of variable returns, mutual funds and ulips are example.
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