Be it an MBA degree from a foreign university or admission in a local medical college, the cost of education has risen drastically over the years. If you are planning to give your child quality education it's time you plan for it and start early since the power of compounding then works in your favour. Before deciding the investment portfolio make a market search and enquire from friends and colleagues who would have invested for their children. Children's education is one of the most certain needs, which can neither be postponed nor compromised. The escalating cost of education and protection of the portfolio needs to be considered while planning your investment. What to include If you are a conservative investor, go for a traditional insurance product and a mutual fund SIP (systematic investment plan). Look at MFs where there is an insurance on SIPs. These kind of products are available in the market now and helps the investment continue even in case of an unfortunate event l...
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