Investing for your children and creating a separate investment corpus in their name can go a long way in helping secure their future and saving up for specific financial goals such as their education.
It goes without saying, that the sooner you start investing for your child, the better it is. The power of compounding over a long period can do wonders.
There are several options such as mutual funds, specific child plans, fixed deposits, small savings schemes, that you can choose from. With so many options sometimes it can get confusing as to how to go about the investing process.