Finance
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Believe ItChildren's Funds Soar 160%: Parents Choose Smart Savings
Hey, believe it! Children’s mutual funds are on fire, soaring 160% to ₹25,675 crore in just five years! Parents are diving into these funds to tackle rising school fees like ninjas on a mission. With a mix of growth and stability, these funds are the ultimate jutsu for securing kids' futures and making dreams come true!
few days ago | Sunainaa Chadha
Quick rundown
1.Children's mutual funds are gaining traction in India.
2.AUM in children's funds surged 160% over five years.
3.Top schemes offer 20-30% CAGR, outpacing traditional savings.
4.Education costs rising faster than incomes drive fund popularity.
5.Children's MFs offer disciplined savings with equity and debt mix.
