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Suggest some children mutual fund

Discussion in 'Mutual Funds' started by payazishan, Apr 27, 2018.

  1. payazishan

    payazishan Member

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    I want to invest 1L in children mutual fund for my child education.
    Which fund should i invest? I already have HDFC children gift fund.
    Also strategies to invest in fund.

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    payazishan, Apr 27, 2018
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  2. shabbir

    shabbir Administrator Staff Member

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    Allocate on these funds based on your risk appetite and desired asset allocation in small, mid and large cap.

    https://shabbir.in/best-small-cap-funds-2018/
    https://shabbir.in/best-midcap-fund-2018/
    https://shabbir.in/best-large-cap-fund-2018/
     
    shabbir, Apr 28, 2018
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  3. bhat64

    bhat64 Apprentice

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    You don’t need a specific children’s fund to invest for your kids. This children’s stuff is a gimmick by fund houses. Go for the funds Shabbir has suggested importance to be given to long term investing like you would invest in your kid 18 years of schooling Home and school.


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    bhat64, Apr 29, 2018
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  4. payazishan

    payazishan Member

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    payazishan, May 4, 2018
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  5. shabbir

    shabbir Administrator Staff Member

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    I am not sure about that but doing it in the name of the minor is same as making a minor a nominee because your PAN anyways has to be added.
     
    shabbir, May 4, 2018
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