INCOME TAX4 Sept 2026
Got ₹10 lakh for your 5-year-old daughter? Experts explain how to invest it wisely to secure her future | Mint
Planning a ₹10 lakh investment for your 5-year-old daughter? Don't park it all in one scheme. Experts recommend a mix—equity mutual funds for growth, Sukanya Samriddhi Yojana (SSY) for safe, tax-free returns at 8.2%, and term insurance to protect your income. With 13–15 years before college, compounding can work powerfully. Choose a balanced portfolio, not a single product.
Key Statutory Highlights
- For a 5-year-old, the investment horizon is about 13–15 years until graduation, so time in the market matters more than timing.
- A common expert plan is a 70:30 split — 70% in diversified equity mutual funds and 30% in Sukanya Samriddhi Yojana for guaranteed, tax-free safety.
- Term insurance for parents is the first layer of protection, ensuring the child's future is secure even if the earning parent is no longer around.
Actionable Advice for Taxpayers / Founders:Talk to a registered financial advisor to build a diversified portfolio for your daughter using equity funds, SSY, and term cover that fits your family's goals and risk appetite.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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