Should you invest in child-focused mutual fund schemes for meeting your child's future objectives?

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Key Points

The introduction of Union Mutual Funds childrens fund has reignited discussions about the legitimacy of solution-oriented mutual fund schemes and the validity of including them in ones investment portfolio..

The emphasis should be on engaging in investments that can outpace inflation, which is why numerous individuals turn to mutual funds to strategically secure sufficient finances for their childrens future..

Through a comparison of the historical returns of mutual funds with alternative investment choices, you can make well-informed decisions regarding the allocation of your funds to meet long-term financial goals, such as funding your childrens education or marriage..

Given that many mutual funds consistently generate returns exceeding 12 per cent or surpassing inflation over the long term, individuals aiming to accumulate a substantial corpus may find potential opportunities beyond childrens funds..

Targeted at aiding investors in attaining particular financial objectives like childrens education or retirement, solution-oriented mutual funds usually allocate investments across a blend of stocks and bonds..