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Here's why you should open a mutual fund in the name of your child

Updated : July 31, 2020 07:47 PM IST

Whether a child is still crawling around the living room floor or getting ready to graduate from high school, investing in mutual funds on his/her behalf is a good idea.
Investing early provides an opportunity to generate long term wealth that can be used to meet the rising financial needs as a child grows up.
Here's why you should open a mutual fund in the name of your child

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