Invest for Kids: Schemes That Will Change Their Future

• Parents can open savings accounts or FDs for children to teach them banking and money management.
• Minor Demat accounts allow parents to invest in the stock market on behalf of children, teaching long-term investment principles.
• Mutual funds, including SIPs, offer market-linked returns for long-term goals like education, with ELSS providing tax benefits.
• Sukanya Samriddhi Yojana (SSY) is a popular, tax-exempt, high-interest scheme for girls under 10, offering stable returns.
• NPS Vatsalya is a special pension scheme for children under 18, promoting disciplined, market-linked long-term investment.

Why It Matters: Securing your child's financial future starts with these investment strategies.