As soon as children are born, we start worrying about their education. Education has become very expensive these days. The fees of private schools are skyrocketing. At the same time, the money that is saved for years in providing higher education to children is all gone. If any of your children is small, then you should start planning for their education right now. In this episode, today we are going to tell you about a great investment option, where by investing you can raise a good amount of money for the higher education of children. In this, you have to invest in mutual fund schemes. Mutual fund schemes may be subject to market risks. However, the chances of getting returns from this area of investment are good. In this episode, let us know about it in detail -
In this, first of all you have to select a good mutual fund scheme and make SIP in it. After creating a SIP, you have to save Rs 100 daily and invest Rs 3,000 every month. You will have to make this investment of Rs 3,000 per month for the entire 15 years.
During this time, you have to expect that your investment will get an estimated return of 12 percent annually. If the return is as per your expectations. In this situation, you will be able to collect around Rs 15.1 lakh at the time of maturity.
With the help of this money, you will get financial help in providing higher education to your children. This money will work to secure the future of your children.
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