14/11/2016
HAPPY CHILDREN'S DAY !
Education is the best friend. An educated person is respected everywhere. Education beats the beauty and the youth”. - Chanakya
Having read that, the rising cost of education is no news to us. Other child care costs including additional cost of housing, transportation, clothing, food, healthcare, entertainment, etc. are also rising fast. The best professional degree courses in India costs upto Rs.15 – 20 lakh today. Similar courses abroad can cost significantly more. A depreciating rupee can add to the burden. Premier educational institutes have the pricing power and inflation will take these numbers higher year after year. Hence, the cost of education at the time of need should not come as a surprise to you. So, be financially prepared for the best, so that you can choose from the options available. In short, do not let finances get in the way of your child`s dream!
Against this backdrop, you may consider HDFC Children’s Gift Fund (An Open-ended Balanced Scheme). The Fund, as the name suggests, helps you build corpus for your child’s needs, especially education. Can there be a better gift from you to your child than investing to secure his / her future?
The Fund has been in operation for over 15 years now and given below is its track record: .
Name of the Fund Type Market Value of Rs. 10,000 invested at inception* CAGR*
HDFC Children’s Gift Fund – Investment Plan Equity Oriented Rs. 1,21,910 17.40%
HDFC Children’s Gift Fund – Savings Plan Debt Oriented Rs. 53,033 11.29%
Past Performance may or may not sustained in Future.
Please contact us for details @ 9819016816.
