My brother has a 3yo daughter and they are planning to invest for her to make sure that their education needs are met when the time comes?
Ideally he wants to make sure that I can withdraw from these investments for her college and wedding in future. Does anyone have any thoughts?
Nifty 50 etf or fund
Recurring deposits in equal proportion
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Post office has an excellent long term scheme for girls. “sukanya samriddhi yojana”
He can parallelly start a SIP into NIFTY 50 index mutual fund to meet education needs (esp if international). Make sure it is a step up SIP of 5-10%, which means SIP amount will increase every year, because education fees are increasing by more than 10% every year