Best way to give a gift to Child

Best SIP Funds to Invest Online 

A diversified equity fund is a good choice. An equity index fund is a good low cost choice if the investment style is likely to be uninvolved. A bank FD and bonds are simple, low risk products but with limited capital appreciation. The chances of the investment plan being abandoned will be high if Manisha ties her son to an investment that he may not be financially ready for. The investment should not require a periodic commitment of funds. 

The tax implication if the amount being gifted is more than Rs 50,000 and the income earned from the investment will have to be considered. Manisha can use this opportunity to introduce her granddaughter to the basics of finance. 

SIPs are when Stock Market is high volatile. Invest in Best Mutual Fund SIPs and get good returns over a period of time. Know Top SIP Funds to Invest Save Tax Get Rich

For further information on Top SIP Mutual Funds contact Save Tax Get Rich on 94 8300 8300

OR

You can write to us at

Invest [at] SaveTaxGetRich [dot] Com