By Admin 
Best Investment Plans for Girls: Rising inflation over time has made expenses like children’s education and marriage more difficult. Especially when it comes to the daughter’s future. In such a situation, many parents start paying attention to financial planning from the very beginning, so that sufficient funds can be prepared for major needs in future.
If you are also looking for a safe and better investment option for your daughter, then there are some schemes available in which by investing regularly, a good fund can be created for the future. Let us know about these options…
Sukanya Samriddhi Yojana
The government’s Sukanya Samriddhi Yojana is considered a popular option to secure the future of the daughter. Under this scheme, parents can make regular investments by opening an account in the name of their daughter below 10 years of age.
It gets the benefit of attractive interest rate from the government. If you are planning to invest for your daughter for a long time, then this can be a good option. The entire amount along with interest can be withdrawn after the daughter completes 21 years. Due to which big expenses like education or marriage can be easily met.
Public Provident Fund is a safe investment option
Public Provident Fund is considered a reliable option to generate funds in a safe manner in the long term. In this scheme you can create a good fund over a period of 15 years.
In this, maximum investment facility of Rs 1.5 lakh is available annually and after maturity, if desired, it can be extended further also.
Double benefit of investment and insurance in ULIP
If you want an option where you get the benefit of insurance along with investment, then Unit Linked Insurance Plan (ULIP) is considered a good option. A part of the amount deposited in this is used for insurance cover. Whereas the remaining money is invested in the stock market or debt funds.
Due to which the return on your investment depends on the performance of the market. This scheme has a lock-in period of 5 years and along with it, the benefit of tax exemption under Section 80C of Income Tax is also available.
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