Want to invest 1 lac in child policy.?

[hemant.2910]

Hello experts,

I want to invest Rs. 1 lac for my child who is just 1 year old now for a period of 18 years(i want to pay the premium i.e. 1 lac in one sum). So can you suggest which is the best policy in market for which i wll get nice returns after 18 years.

Thanks and Regards.

[White Caps]

Hemant - Avoid investing in an insurance policy for return. Insurance is for covering yourself for future unforeseen events. Better go for good mutual funds.

[Master]

Go for best performing Equity MFs. Check ranking of best MFs in value research online website.

[v.r.s.nathan]

Hello experts, I want to invest Rs. 1 lac for my child who is just 1 year old now for a period of 18 years(i want to pay the premium i.e. 1 lac in one sum). So can you suggest which is the best policy in market for which i wll get nice returns after 18 years. Thanks and Regards.
If you want to invest only in Child Plans, check below plans -

HDFC SLIC Young Star Super
ICICI Prudential Smart Kid New Unit Linked RP
Kotak Headstart Future Protect
Birla Sunlife Children’s Dream Plan

[paragpatel]

There are many ways to invest for your child's future like Public Provident Fund (PPF), RBI bonds, Mutual Funds, Post Office instruments and pure Equity (Stocks). I would suggest you consult some reputed financial services company.