Investing for Children — Complete Overview
Build a future-proof plan that balances safety (guaranteed/sovereign schemes), growth (equities/funds), and protection (insurance).
Your mix will evolve with your child’s age and goals: early years emphasise equity compounding; closer to college, shift toward stability and liquidity.
Use disciplined SIPs, automate increases with income, and ring‑fence emergency/insurance so the education plan remains on track.
Below are the major options and practical ways to invest in each.
CompoundingGoal-basedProtection-first
Main Options
- Sukanya Samriddhi (SSY): For the girl child; government-backed; long lock-in; attractive interest as notified quarterly.
- Mutual Funds for Children: Equity/hybrid funds earmarked for minors; ideal for long horizons via SIPs.
- PPF / RD / FD: Safety-first buckets for short/medium-term goals and rebalancing.
- Child Insurance (ULIP/Traditional): Combo products that mix protection + savings/investment; evaluate costs and lock-ins.
- Term & Health Insurance (Parents): Non-negotiable protection that keeps the plan intact during shocks.
How to Invest (Step-by-Step)
- Define goals: education milestones (UG/PG), target corpus (inflation-adjusted), and time horizon.
- Pick instruments by horizon: Equity MF for 7y+, Hybrid for 3–7y, Debt/SSY/PPF for safety and rebalancing.
- Automate SIPs; review annually; glide-path into safer assets 2–3 years before goal.
- Maintain emergency fund (6–12 months) and adequate term/health covers for parents.
Quick Links
- Sukanya Samriddhi Scheme (SSY)
- Mutual Funds for Children
- Child Insurance — ULIP vs Traditional
- Education Fund Planning
Education only; not investment advice. Please verify current rules, interest rates, and taxation before investing.