Here’s how to financially secure your child’s future

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Children’s future and education is not just a matter of finances but comes with a bigger emotional value for their parents and guardians that just cannot have loose ends. Money9 Helpline hosted, Complete Circle Consultants’s co-founder Kshitiz Mahajan to help you with your queries on how to get started.

“India is going through a transition, people are moving from nonfinancial assets to financial assets. This is a big step. When it comes to a child’s investment planning, an organised investment planning is very important. The fixed deposits are not enough to meet the requirement. They are not able to even beat inflation. In that case, mutual funds are a good option as parents don’t have time to watch individual stocks. In mutual funds, there are fund managers and a team to manage the investment,” Mahajan said.

Watch the full video to know more…