Child Future Planning

As a caring parent you would always want your child to get the very best. To ensure that you fulfill dreams that you may have for your loved ones, financial planning for their secured future is very important.

With growing standard of living and rising inflation, the biggest challenge for parents today is to muster the finances to match the mounting costs of education and marriage.

Consider this -a 2 year management degree at a leading management institution within India today would cost you at least Rs 10 lakhs. At an inflation of rate of 5%, this amount would grow to approximately Rs. 26 lakhs after 20 years when your child will be eligible for an MBA course.

With children taking to hobbies like music and art as alternate careers, parents have to shell out a lot more on their children than the previous generation.

Not just education, everything comes at a steep price tag, be it the wedding that you dreamed of for your child or a new house or a car for him or her. While your child is doing his or her best, it may not guarantee a successful future unless you have planned to meet these needs.

** How Can We Help?

1. Assisting you in planning financial goals for your child.

2. Selecting the best investment route that fulfils the stated financial goal and fits in with your investment tastes and attitudes.

3. Ensuring that these costs are part of your Insurance cover so that your child’s financial goals are not affected by any unexpected eventualities in life.

4. Keeping a track of your investment plan and monitoring your portfolio at regular interval to help in deciding the ideal time to rebalance your portfolio.