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Investing in mutual funds through SIP could also be the simplest choice to create a fund for the education of the daughter. this will even be monitored by regular investment in mutual funds.
If you would like to make an enormous fund for your daughter's education, what might be the simplest option for you? do you have to invest in child funds of mutual funds or insurance companies or choose Sukanya Samriddhi Yojana?
Child fund returns of insurance companies weak
In fact, there's no dedicated fund for the education of youngsters in India, wherein enough funds are often collected by investing for an extended time. there's no such scheme during which an outsized fund is often collected for the upper education of the kid by depositing money and therefore the advantage of tax rebate also will tend. the kid plans of insurance companies, their returns are quite low. And despite accumulating money in them for an extended time, a far better fund isn't made. within the case of returns, these funds aren't ready to beat inflation.
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