Children’s Mutual Funds: Parents' New Favorite with 160% Growth!

Hey folks, children’s mutual funds are now the talk of the town! According to ICRA Analytics, these funds have skyrocketed by 160% in assets, reaching ₹25,675 crore. Parents are jumping on board to secure their kids' futures as education costs soar, and these funds are delivering way better returns than traditional savings. Looks like these funds are the new favorite for parents!

Quick rundown

1.Children's mutual funds are gaining traction in India.

2.AUM in children's funds surged 160% over five years.

3.Top schemes offer 20-30% CAGR, outpacing traditional savings.

4.Education costs rising faster than incomes drive fund popularity.

5.Children's MFs offer disciplined savings with equity and debt mix.

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