Holding the child for the first time is a special feeling. The tiny eyes which are ready to see the world should not hold any unfulfilled dreams is the effort of every father. Every parent wants his child to be financially secure and Kotak Mutual Fund is ready to help such parents. The fund house has some of the best performing mutual funds that can help an investor in planning a secured child’s future. In this write-up, three phases of a child’s life is discussed along with the best scheme. Give a read to know more.
1. Child Planning:
Everything should be perfectly planned for the tiny creature. Moreover, the newly born will bring along with him a lot of expense. The price of clothes, toys, doctor’s fees will be enough to break a sweat. To cope with the expenses an investor should park the money in the large cap fund of Kotak MF, i.e., Kotak Bluechip Fund. Moreover, the large cap funds have a stable growth rate which can help you in diluting the risk.
The fund has been a consistent performer and have achieved remarkable growth in the past. Thus, start your SIP plan in this scheme.
2. Child’s Education:
With the inflation rate reaching heights, the education expenditure has also grown up. To give your child the best education, you will need a hefty amount which can be achieved by investing in the midcap fund of Kotak Mahindra Mutual Fund. Kotak Emerging Equity Scheme fund invests in the midcap stocks of the companies having higher growth prospect in future. For an investors in his 30’s, this will be the best SIP plan.
The mutual fund has given tough competition to the benchmark and category’s fund. The scheme has given good capital appreciation in the long term tenure which makes it one of the best mutual fund investment in India.
3. Child’s Marriage:
To see the child in a fancy ‘Sherwani’ is a dream of many parents. However, a decent marriage will again require a good amount of cash. Also, at your child’s marriage you will be in your 50’s and thus, you can’t afford to take high risk in the mutual fund space. Therefore, in this scenario, the best scheme of Kotak Mutual Fund would be Kotak Standard Multicap Fund Regular Plan. Below is an overview about the fund.
By diversifying the assets in a combination of large cap, small cap, and mid cap stocks this multicap fund has provided stable returns to the investors in the long term.
A mutual fund investment requires proper nourishing similar to a child. The schemes of Kotak Mutual Fund are one of the best mutual fund investment that can help you in planning the future of your child well. Thus, start your SIP plan in these funds ASAP.
You can easily find these schemes at www.mysiponline.com which is a leading online platform for mutual fund investment.
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