What are the best plans for child future? Pandit S, 17 Dec 2012

What are the best plans for child future- insurance or anything else, please suggest.

Fintotal Answer

As you know there are many financial products in the market today. The advertisements of the child insurance policies are very attractive but avoid taking an insurance policy on your child's name or for investment purpose. We would strongly recommend you to invest in a best diversified equity mutual fund for all your future needs. You should hold the fund till you need the money. You can have a look at our recommendations on Mutual funds page of our website.

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