DSIJ Mindshare

Children's mutual funds are specifically designed for parents and guardians who want to build a long-term financial corpus for their child's future needs, such as education, marriage, or starting a business. Here's who should consider investing in children's mutual funds:

Notably, the aggregate market cap of the Nifty Midcap 150 index has increased more than twofold to Rs 82.5 lakh crore from November 2020 to June 2024, with aggregate profits growing by approximately 142 per cent to Rs 2.1 lakh crore during the same period.

As equity have their perks, it's essential to be cautious and not overlook other options that could help you build wealth steadily overtime.

The company has a market cap of Rs 6,966 crore and has been maintaining a healthy dividend payout of 52.3 per cent.