MUKESH.SHAREPOINT09
KF Rookie
which scheme is best for new born child boy
It is great that you are thinking about making an investment fund for your infant. As we are talking about a newborn child, I believe your investment Horizon would be very long that is around 25 to 30 years. For this duration your best investment option will be to go for equity oriented mutual funds. As you investment horizon is very long you should for small cap equity oriented mutual funds for best returns.which scheme is best for new born child boy
I don't agree. Small Cap Mutual funds are a bit too risky.It is great that you are thinking about making an investment fund for your infant. As we are talking about a newborn child, I believe your investment Horizon would be very long that is around 25 to 30 years. For this duration your best investment option will be to go for equity oriented mutual funds. As you investment horizon is very long you should for small cap equity oriented mutual funds for best returns.
As i said equity oriented mutual funds seems to be the best for this situation. And since the time period is very long the thats why i suggested small cap.I don't agree. Small Cap Mutual funds are a bit too risky.
I would suggest you invest in Index Mutual funds. It is relatively less risky and gives around 10-12% interest.
Kotak HeadStart Child Assure Planwhich scheme is best for new born child boy
Kotak HeadStart Child Assure Planwhich scheme is best for new born child boy