There are a large number of child plans in the market. Market linked, traditional plans, plans with lumpsum payout, plans with regular payouts, those with payouts at specific ages and more. It can get very confusing to select the right child plan especially when there is a large variance in premiums and nature of benefits.

As a parent, your life’s dreams and ambitions now revolve around your children. You want to give them the best that life has to offer- a childhood full of happiness and love, an education from a premier institute, a grand marriage in the midst of friends and relatives- you want to help them launch their careers and you want to see them well settled. Saving and investing money to fund all these goals is important. More important is ensuring that this money grows, and is available to you in the right amounts when you need it.