{"id":13359,"date":"2022-07-14T10:42:05","date_gmt":"2022-07-14T05:12:05","guid":{"rendered":"https:\/\/kuvera.in\/blog\/?p=13359"},"modified":"2022-07-26T16:53:08","modified_gmt":"2022-07-26T11:23:08","slug":"financial-planning-for-childs-future","status":"publish","type":"post","link":"https:\/\/kuvera.in\/blog\/financial-planning-for-childs-future\/","title":{"rendered":"Financial Planning For Child\u2019s Future"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_40 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" area-label=\"ez-toc-toggle-icon-1\"><label for=\"item-69db664e1c7f7\" aria-label=\"Table of Content\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;direction:ltr;\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input  type=\"checkbox\" id=\"item-69db664e1c7f7\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/kuvera.in\/blog\/financial-planning-for-childs-future\/#Why_saving_is_not_enough_if_you_want_to_secure_your_childs_future\" title=\"Why saving is not enough if you want to secure your child\u2019s future?\">Why saving is not enough if you want to secure your child\u2019s future?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/kuvera.in\/blog\/financial-planning-for-childs-future\/#Whats_the_rate_of_inflation_in_the_education_sector\" title=\"What\u2019s the rate of inflation in the education sector?\">What\u2019s the rate of inflation in the education sector?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/kuvera.in\/blog\/financial-planning-for-childs-future\/#How_can_mutual_funds_secure_your_childs_education\" title=\"How can mutual funds secure your child&#8217;s education?\">How can mutual funds secure your child&#8217;s education?<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/kuvera.in\/blog\/financial-planning-for-childs-future\/#Beats_Inflation\" title=\"Beats Inflation\">Beats Inflation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/kuvera.in\/blog\/financial-planning-for-childs-future\/#Helps_you_start_early\" title=\"Helps you start early\">Helps you start early<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/kuvera.in\/blog\/financial-planning-for-childs-future\/#Professionally_managed\" title=\"Professionally managed\">Professionally managed<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/kuvera.in\/blog\/financial-planning-for-childs-future\/#Types_of_mutual_funds\" title=\"Types of mutual funds\">Types of mutual funds<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/kuvera.in\/blog\/financial-planning-for-childs-future\/#Equity-oriented_mutual_funds\" title=\"Equity-oriented mutual funds\">Equity-oriented mutual funds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/kuvera.in\/blog\/financial-planning-for-childs-future\/#Debt_mutual_funds\" title=\"Debt mutual funds\">Debt mutual funds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/kuvera.in\/blog\/financial-planning-for-childs-future\/#Gold\" title=\"Gold\">Gold<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/kuvera.in\/blog\/financial-planning-for-childs-future\/#What_are_Childrens_Funds\" title=\"What are Children\u2019s Funds?\">What are Children\u2019s Funds?<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/kuvera.in\/blog\/financial-planning-for-childs-future\/#Top_Rules_to_Keep_Your_Childs_Future_Secure\" title=\"Top Rules to Keep Your Child&#8217;s Future Secure\">Top Rules to Keep Your Child&#8217;s Future Secure<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/kuvera.in\/blog\/financial-planning-for-childs-future\/#Final_Words\" title=\"Final Words:\">Final Words:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/kuvera.in\/blog\/financial-planning-for-childs-future\/#Interested_in_how_we_think_about_the_markets\" title=\"Interested in how we think about the markets?\">Interested in how we think about the markets?<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p><iframe loading=\"lazy\" title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/EqdVO5O23Z4\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_saving_is_not_enough_if_you_want_to_secure_your_childs_future\"><\/span>Why saving is not enough if you want to secure your child\u2019s future?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>&nbsp;<\/p>\n<p>It\u2019s every parent&#8217;s dream to provide the best for their children. Many of you might have saved a substantial amount of money to realize that future. But is it enough for your children until they are independent?<\/p>\n<p>&nbsp;<\/p>\n<p>In traditional savings instruments like bank deposits and endowment policies, the average interest rate is around 5-6%. Furthermore, the interest on bank deposits is fully taxable per the investor&#8217;s income tax slab, which means that the post-tax and inflation-adjusted returns on such instruments are almost negligible.<\/p>\n<p>&nbsp;<\/p>\n<p>As inflation increases and interest rates on traditional investments remain low, it\u2019s more important than ever to plan wisely for your child&#8217;s future needs. One way to do this is by investing in mutual funds, which can help you select the right combination of assets to invest in. A diversified portfolio of mutual funds also has the potential to generate long-term returns that exceed inflation.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/kuvera.in\/explore\/fixed-deposit\/c\/all\"><img loading=\"lazy\" class=\"size-large wp-image-13417 aligncenter\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/07\/FD-Banner_14-July-2022-1024x334.jpg\" sizes=\"(max-width: 640px) 100vw, 640px\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/07\/FD-Banner_14-July-2022-1024x334.jpg 1024w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/07\/FD-Banner_14-July-2022-300x98.jpg 300w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/07\/FD-Banner_14-July-2022-768x250.jpg 768w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/07\/FD-Banner_14-July-2022.jpg 1080w\" alt=\"Online Fixed Deposits on Kuvera\" width=\"640\" height=\"209\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Whats_the_rate_of_inflation_in_the_education_sector\"><\/span>What\u2019s the rate of inflation in the education sector?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>&nbsp;<\/p>\n<p>As you know, education plays a vital role in your child&#8217;s success in the future. Schools and colleges charge very high fees today to impart any knowledge. Furthermore, ancillary expenses like tuition, stationery, uniforms, extracurricular activities, etc., have increased significantly. Hence spending on children&#8217;s higher education requires prudent planning.<\/p>\n<p>&nbsp;<\/p>\n<p>The current level of inflation in education is around 8-10%, so you should not neglect this when planning for your child&#8217;s higher education.<\/p>\n<p>&nbsp;<\/p>\n<p>Suppose a postgraduate program abroad costs Rs. 25 lakh right now, and your child will likely attend it in five years \u2014 assuming 8% annual inflation, the fees will be Rs. 36.73 lakh at that point in time.<\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_can_mutual_funds_secure_your_childs_education\"><\/span><strong>How can mutual funds secure your child&#8217;s education?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Beats_Inflation\"><\/span>Beats Inflation<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><strong>\u00a0<\/strong><\/p>\n<p>Increasing <a href=\"https:\/\/kuvera.in\/blog\/category\/invest-more-tomorrow\/\">inflation<\/a> and competition make it increasingly crucial to invest in options such as mutual funds, which have the potential to beat inflation. Upon finishing their education, your child will begin their career or pursue a profession. When they become independent, you may want them to settle down and marry. Again, prudent planning is required to make this dream a reality.<\/p>\n<p>&nbsp;<\/p>\n<p>Many Indian parents feel that it is their responsibility to spend on their children&#8217;s weddings. Typical Indian weddings cost anywhere from Rs 8-25 lakhs. While parents don&#8217;t mind how much they spend on their children, it\u2019s essential to fulfill this goal without getting yourself into debt traps.<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Helps_you_start_early\"><\/span>Helps you start early<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>Starting early is always a good idea when planning for your child&#8217;s needs. Due to compounding, if you start saving and investing early, you can accumulate higher funds by the end of your financial goal. (for example, your child&#8217;s education). To achieve your financial plan, you will need to contribute a higher amount to your monthly investment if you delay your investment.<\/p>\n<p>&nbsp;<\/p>\n<p>A majority of <a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/all\">mutual funds<\/a> are long term investment plans with lock-in periods. This help you inculcate financial discipline.<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Professionally_managed\"><\/span>Professionally managed<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>Mutual funds not only beat inflation due to diversified schemes but also are managed professionally by qualified and certified experts who know how to allocate assets in the right proportions depending on your risk tolerance.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Types_of_mutual_funds\"><\/span>Types of mutual funds<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>\u00a0<\/strong><\/p>\n<p>It\u2019s vital to optimize your mutual fund portfolio across equity mutual funds, debt mutual funds, and gold funds taking into consideration age, income, expenses, assets, liabilities, risk appetite, and time horizon to financial goals. Let\u2019s understand this better:<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Equity-oriented_mutual_funds\"><\/span>Equity-oriented mutual funds<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>Investing in <a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/all\/equity\">equity-oriented mutual funds<\/a> can be a great way to grow your portfolio. There are many different types of these funds available, each with its distinct characteristics and investment mandates:<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li><a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/all\/equity\/large-cap-fund\">Large-cap funds.<\/a><\/li>\n<li><a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/all\/equity\/large-&amp;-mid-cap-fund\">Large &amp; midcap funds.<\/a><\/li>\n<li><a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/all\/equity\/mid-cap-fund\">Mid-cap funds.<\/a><\/li>\n<li><a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/all\/equity\/small-cap-fund\">Small-cap funds.<\/a><\/li>\n<li><a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/all\/equity\/multi-cap-fund\">Multi-cap<\/a>\/<a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/all\/equity\/flexi-cap-fund\">flexi-cap funds<\/a>.<\/li>\n<li><a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/all\/equity\/value-fund\">Value style funds.<\/a><\/li>\n<li><a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/all\/equity\/focused-fund\">Focused funds.<\/a><\/li>\n<li><a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/all\/equity\/sectoral%2Fthematic\">Thematic\/sector funds.<\/a><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>Researching and outlining your goals will help you find the right fund to accumulate the necessary funds. After assessing several quantitative and qualitative parameters, choose the most suitable schemes. Only invest in equity mutual funds if your time horizon is at least 3-5 years and you can afford to take moderate to high risks.<\/p>\n<p>&nbsp;<\/p>\n<p>If you&#8217;re trying to decide whether to invest in a lump sum or through a systematic investment plan (SIP), it&#8217;s generally best to go with the latter. SIPs make timing the market irrelevant, reduce the impact of market volatility, and leverage the benefits compounding to help you achieve your financial goals.<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Debt_mutual_funds\"><\/span>Debt mutual funds<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>Mutual funds such as <a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/all\/debt\/banking-and-psu-fund\">Banking and PSU Debt Funds<\/a>, <a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/all\/debt\/gilt-fund\">Gilt Funds<\/a>, <a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/all\/debt\/liquid-fund\">Liquid Funds<\/a>, <a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/all\/debt\/overnight-fund\">Overnight Funds<\/a>, and fixed-income instruments like Bank <a href=\"https:\/\/kuvera.in\/explore\/fixed-deposit\/c\/all\">Fixed Deposits<\/a> can help you lower your risks and stabilize your portfolio.<\/p>\n<p>&nbsp;<\/p>\n<p>Consider shifting your allocation from equity mutual funds to<a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/all\/debt\"> debt mutual funds<\/a> and fixed-income instruments when you are close to achieving your financial goal, and your risk-taking capacity is medium-to-low.<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Gold\"><\/span>Gold<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>One of the most valuable assets in a recession, gold acts as a haven, a hedge against inflation, and a store of value during times of economic uncertainty. Additionally, gold is an excellent way to diversify your portfolio.<\/p>\n<p>&nbsp;<\/p>\n<p>As you allocate your assets, make sure gold is a part of it. You should allocate up to 10-15% of your total investment portfolio to gold. If you want to invest in gold &#8216;the smart way,&#8217; do so through gold ETFs (Exchange Traded Funds), gold savings funds, or sovereign gold bonds instead of buying physical gold.<\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_are_Childrens_Funds\"><\/span>What are Children\u2019s Funds?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>&nbsp;<\/p>\n<p>According to SEBI, <a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/all\/solution-oriented\/childrens-fund\">Children&#8217;s Funds<\/a> are equity-oriented mutual funds locked in for five years or until your child attains a particular age. Due to the lock-in, you must carefully assess your liquidity needs to achieve your goal. If the solution-oriented scheme underperforms during the lock-in period, you will not be able to switch to another worthy scheme.<\/p>\n<p>&nbsp;<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Top_Rules_to_Keep_Your_Childs_Future_Secure\"><\/span>Top Rules to Keep Your Child&#8217;s Future Secure<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&nbsp;<\/p>\n<ul>\n<li>Maintain a regular review of your portfolio (at least once a year) and make necessary changes\/adjustments as needed.<\/li>\n<li>Ensure that you name your child as a nominee for all the investments you plan for their future. When the family&#8217;s breadwinner dies, gets sick, or becomes disabled, this can be a significant setback for the child&#8217;s future. Hence, your family must be adequately insured.<\/li>\n<li>It is good to set aside 12-24 months&#8217; worth of regular monthly expenses, including loans or EMIs into a separate savings account. This will help you deal with unexpected crises, such as medical emergencies, sudden increases in school fees, job losses, etc.<\/li>\n<\/ul>\n<p><strong>\u00a0<\/strong><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Final_Words\"><\/span>Final Words:<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>&nbsp;<\/p>\n<p>Don\u2019t delay and invest in mutual funds right now if you wish to provide the best education for your child that\u2019s well within your means.<\/p>\n<p>&nbsp;<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Interested_in_how_we_think_about_the_markets\"><\/span>Interested in how we think about the markets?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>&nbsp;<\/p>\n<p>Read more: <a href=\"https:\/\/kuvera.in\/blog\/category\/zen-and-the-art-of-investing\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Zen And The Art Of Investing<\/strong><\/a><\/p>\n<p>Check out all our &#8220;Investor Education Originals&#8221; videos on Youtube and get smart about investing.<\/p>\n<p>&nbsp;<\/p>\n<p><iframe loading=\"lazy\" title=\"Active funds vs Passive funds | How to choose an MF scheme\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/IYrtZnfH58U?list=PLDSzQdT9nLmBFD2p94O5p2pZ4vEUR-Thz\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<p>&nbsp;<\/p>\n<p>Start investing through a platform that brings goal planning and investing to your fingertips. Visit <a href=\"http:\/\/app.kuvera.in\"><strong>Kuvera.in<\/strong><\/a> to discover <a href=\"https:\/\/kuvera.in\/blog\/direct-plans-better\/\"><strong>Direct Plans<\/strong><\/a> and <strong><a href=\"https:\/\/app.kuvera.in\/explore\/fixed-deposit\/c\/all\">Fixed Deposits<\/a><\/strong> and <a href=\"https:\/\/kuvera.in\/user\/login\"><strong>start investing today.<\/strong><\/a><br \/>\n#MutualFundSahiHai #KuveraSabs<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Why saving is not enough if you want to secure your child\u2019s future? &nbsp; It\u2019s every parent&#8217;s dream to provide the best for their children. Many of you might have saved a substantial amount of money to realize that future. But is it enough for your children until they are independent? &nbsp; In traditional [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/kuvera.in\/blog\/financial-planning-for-childs-future\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":11,"featured_media":13360,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[99],"tags":[1134,1133,67],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Financial Planning For Child\u2019s Future - Kuvera<\/title>\n<meta name=\"description\" content=\"Why saving is not enough if you want to secure your child\u2019s future? Check to achieve Financial planning for your child&#039;s Future. Read here!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kuvera.in\/blog\/financial-planning-for-childs-future\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Financial Planning For Child\u2019s Future - Kuvera\" \/>\n<meta property=\"og:description\" content=\"Why saving is not enough if you want to secure your child\u2019s future? Check to achieve Financial planning for your child&#039;s Future. Read here!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/kuvera.in\/blog\/financial-planning-for-childs-future\/\" \/>\n<meta property=\"og:site_name\" content=\"Kuvera\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/kuvera.in\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-14T05:12:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-26T11:23:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/07\/Thumbnail-5.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kuvera\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Kuvera_In\" \/>\n<meta name=\"twitter:site\" content=\"@Kuvera_In\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kuvera\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Financial Planning For Child\u2019s Future - Kuvera","description":"Why saving is not enough if you want to secure your child\u2019s future? Check to achieve Financial planning for your child's Future. Read here!","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/kuvera.in\/blog\/financial-planning-for-childs-future\/","og_locale":"en_US","og_type":"article","og_title":"Financial Planning For Child\u2019s Future - Kuvera","og_description":"Why saving is not enough if you want to secure your child\u2019s future? Check to achieve Financial planning for your child's Future. Read here!","og_url":"https:\/\/kuvera.in\/blog\/financial-planning-for-childs-future\/","og_site_name":"Kuvera","article_publisher":"https:\/\/www.facebook.com\/kuvera.in","article_published_time":"2022-07-14T05:12:05+00:00","article_modified_time":"2022-07-26T11:23:08+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/07\/Thumbnail-5.jpg","type":"image\/jpeg"}],"author":"Kuvera","twitter_card":"summary_large_image","twitter_creator":"@Kuvera_In","twitter_site":"@Kuvera_In","twitter_misc":{"Written by":"Kuvera","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/kuvera.in\/blog\/financial-planning-for-childs-future\/#article","isPartOf":{"@id":"https:\/\/kuvera.in\/blog\/financial-planning-for-childs-future\/"},"author":{"name":"Kuvera","@id":"https:\/\/kuvera.in\/blog\/#\/schema\/person\/6b774e7d3516942b9e0242c93d7cb307"},"headline":"Financial Planning For Child\u2019s Future","datePublished":"2022-07-14T05:12:05+00:00","dateModified":"2022-07-26T11:23:08+00:00","mainEntityOfPage":{"@id":"https:\/\/kuvera.in\/blog\/financial-planning-for-childs-future\/"},"wordCount":1214,"commentCount":0,"publisher":{"@id":"https:\/\/kuvera.in\/blog\/#organization"},"keywords":["children funds","financial planning for child's future","Mutual Funds"],"articleSection":["Investing 101"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/kuvera.in\/blog\/financial-planning-for-childs-future\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/kuvera.in\/blog\/financial-planning-for-childs-future\/","url":"https:\/\/kuvera.in\/blog\/financial-planning-for-childs-future\/","name":"Financial Planning For Child\u2019s Future - Kuvera","isPartOf":{"@id":"https:\/\/kuvera.in\/blog\/#website"},"datePublished":"2022-07-14T05:12:05+00:00","dateModified":"2022-07-26T11:23:08+00:00","description":"Why saving is not enough if you want to secure your child\u2019s future? Check to achieve Financial planning for your child's Future. Read here!","breadcrumb":{"@id":"https:\/\/kuvera.in\/blog\/financial-planning-for-childs-future\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/kuvera.in\/blog\/financial-planning-for-childs-future\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/kuvera.in\/blog\/financial-planning-for-childs-future\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/kuvera.in\/blog\/"},{"@type":"ListItem","position":2,"name":"Financial Planning For Child\u2019s Future"}]},{"@type":"WebSite","@id":"https:\/\/kuvera.in\/blog\/#website","url":"https:\/\/kuvera.in\/blog\/","name":"Kuvera","description":"Wealth Management, Simplified","publisher":{"@id":"https:\/\/kuvera.in\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/kuvera.in\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/kuvera.in\/blog\/#organization","name":"Kuvera","url":"https:\/\/kuvera.in\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/kuvera.in\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/07\/cropped-cropped-kuvera-logo-dark-3.png","contentUrl":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/07\/cropped-cropped-kuvera-logo-dark-3.png","width":83,"height":13,"caption":"Kuvera"},"image":{"@id":"https:\/\/kuvera.in\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/kuvera.in","https:\/\/twitter.com\/Kuvera_In","https:\/\/www.instagram.com\/kuvera.in","https:\/\/www.linkedin.com\/company-beta\/10456535\/"]},{"@type":"Person","@id":"https:\/\/kuvera.in\/blog\/#\/schema\/person\/6b774e7d3516942b9e0242c93d7cb307","name":"Kuvera","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/kuvera.in\/blog\/#\/schema\/person\/image\/","url":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/07\/social-media-logo-02-alt-v3-150x150.jpg","contentUrl":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/07\/social-media-logo-02-alt-v3-150x150.jpg","caption":"Kuvera"},"description":"Kuvera is India's first free Direct Mutual Fund investing platform. We bring you goal-based investing and innovative features like Tax Harvesting, TradeSmart, Family Account and more!","sameAs":["http:\/\/kuvera.in"],"url":"https:\/\/kuvera.in\/blog\/author\/kuvera-research\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/posts\/13359"}],"collection":[{"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/comments?post=13359"}],"version-history":[{"count":10,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/posts\/13359\/revisions"}],"predecessor-version":[{"id":13428,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/posts\/13359\/revisions\/13428"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/media\/13360"}],"wp:attachment":[{"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/media?parent=13359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/categories?post=13359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/tags?post=13359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}