NPS Vatsalya launched for kids

[Pavanonline]

Don't know all the investing options in the scheme but compounding from early is a great advantage. 

@Konebhar6 @argadorn

@krishnaaa @The_MentaIist

https://www.business-standard.com/finance/personal-finance/nps-vatsalya-launched-for-kids-know-investment-amount-eligibility-more-124091800842_1.html

 

[Konebhar6]

1 hour ago, Pavanonline said:

Don't know all the investing options in the scheme but compounding from early is a great advantage. 

@Konebhar6 @argadorn

@krishnaaa @The_MentaIist

https://www.business-standard.com/finance/personal-finance/nps-vatsalya-launched-for-kids-know-investment-amount-eligibility-more-124091800842_1.html

 

Yeh investing in a scheme like this will give great money pot for kids down the lane. 
Check if one of the nationalized banks offer similar. 
ICICI charges way too much money. 

[psycontr]

2 minutes ago, Konebhar6 said:

Yeh investing in a scheme like this will give great money pot for kids down the lane. 
Check if one of the nationalized banks offer similar. 
ICICI charges way too much money. 

NPS returns are very good for longterm. But kids us citizens aeithe IRS tax filing is very complicated.