Beat term plan and debt funds for child Deepak, 23 Nov 2012

Please let me know the best term insurance plan and some best of debt mutual funds for my child's education of 20 years duration

Fintotal Answer

Some of the companies offering good term plans are ICICI, Aegon Religare, HDFC, etc. You can also take the term policy online. Remember an important thumb rule- investments should be in debt funds if they are for short term(2 months to 2 years); in balanced funds if for medium term (3years to 5 years) and in equity diversified funds if for long term (above 5 years). You have a long term financial goal, so we advise you to invest in one of recommended funds on our website.

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