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What could be a best long term investment of Rs. 10,000 for a 10 yr old ?

April 26, 2017best Business Finance Investment Rs term

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What could be a best long term investment of Rs. 10,000 for a 10 yr old ?

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NO! No life insurance! A 10 year old doesn’t need life insurance. Life insurance is for parents who are trying to protect their family in case something happens to them. The cost of life insurance will reduce potential returns/earnings. Try to invest in college funds or any other mutual funds. Consider real estate. Select something that doesn’t generate taxable income for the family.