Secure Your Child’s Future Through SIP

Securing children’s future is among the topmost priorities of parents. Given the inflationary pressure in modern times on education costs and marriages, it is often not possible to meet the needs by mere savings. One needs to note that a child’s future is nothing but one of the long-term financial goals with a gestation tenure of anywhere between 18 and 25 years. The good part is that with the right investment strategy, you can achieve this goal without much difficulty. One of the most effective ways to do so is through a systematic investment plan (SIP) in mutual funds. But first, let us understand what SIP is all about.