On Children's Day, consider securing your child's financial future with wise investments. Instead of short-lived gifts, focus on long-term plans for education, marriage, and more. Ordinary bank savings might not suffice due to inflation and low interest rates.
Explore options like the Public Provident Fund (PPF), Sukanya Samriddhi Yojanagold (SSY), Unit Linked Insurance Plans (ULIPs), mutual funds, National Savings Certificates (NSCs), fixed deposits (FDs), gold and real estate.
Each has unique benefits, from tax advantages to guaranteed returns. Choose based on your goals and risk tolerance, starting early for maximum growth.