Investment options for a daughter esp. a baby girl.

nRiTeCh

nRiTeCh

Oracle
As pet the title, what are the best ways parents can start investing money for their children esp. daughters.
Earlier one starts greater the benefits/maturity amount etc.

Looking for something where the amount matures by the age of 18 or 21 and then the same can be used for the usual life purposes- education, professional, marriage etc.

Even great if premature withdrawals are allowed.

I know there's the Sukanya samriddhi yojana but I'm exploring more options.

So, guys suggest the one you are investing into rather than googled options as anyone can google and find plethora of options but specifically looking for someone who is already investing in real life for the betterment of their daughters.
 
would suggest Mutual funds [ 50% in midcap , 30% in balanced advantage fund and 10 % in small cap]
this is what I am doing
also invest monthly some amt in blue chip stocks money will grow slow and steady as you have a lot of time currently.
also invest in some US stocks
My SIPs are as follow currently
50%in Motilal Midcap
30% in HDFC Balance Advantage
10%[5% in Nippon Small Cap 5% in Quant Small Cap]
Indian stock pf I swing once a stock gives me 20% returns I sell it
USA stocks I will start soon from next week

just my 2 cents
 
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So this is an interesting topic for me since I am a parent of a girl child and I am being pushed the SSY scheme everytime I visit a post office/bank. I just tell them I have an account even though I dont. I am not a big fan of SSY tbh because of the lock-in which will never make sense since you need funds for education or to create assets like RE. Like wtf. Am I gonna save this money for her marriage? The marriage inflation is way higher than the offered interest rate and personally I don't think the next gen or two may follow the same marriage culture we do.....

So does SSY make sense? Maybe for people who want to preserve capital for 2 decades. So that's that I guess

Given that, I do invest in large and midcap funds purely for college education. May plan to invest a small amount in small cap fund when I get funds. And every 5 years, I will revist this asset allocation and bring down the exposure to risky assets by moving funds from equity to debt/ppf account.

Thanks for reading my rant......
 
roadrash99 said:
Have you checked how your strategy has performed in relation to just investing 100% in Nifty50 for the past 20 years? It's a lot simpler and most likely would give more returns as the TER of index funds is lower.
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Nifty 50 CAGR in long term is hardly 11-12%
you haven't looked at index historical returns over longer periods @roadrash99 obviously it would need a rebalance after 5 yrs or so but not before that for sure
and if you are so concerned about TER invest only in index funds [Nifty 100 or Mid cap 100] .
FYI
and also before you say to compare with 20 yr data sorry but its not available
Screenshot 2025-01-08 at 8.16.18 PM.png
 
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yugaaa said:
Just buy gold . Do not trust anything else . They can crumble any day , any time . Make sure you buy physical gold and not bonds . Gold coins and bars are legally sold in banks . In case of any liquidity emergency you can pledge the gold . Gold appreciates as well .
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Paying 3% GST on gold from the start itself is very bad for the long term value of your investment.
 
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