Rohit is back this week, very enlightened and almost decided on the best investment option for his newborn. After ruminating on the different investment options, Rohit still wanted to explore alternative investment models, based on market news. The equity markets had been at a high, and he was having a severe case of FOMO (fear of missing out).
Headlines were screaming everywhere – “if you had bought XXX stock 5 days before, you would have gained 15 % in a week”- and Rohit didn’t want to miss the bus.
He wanted to understand which stock to invest in and if he could invest in a portfolio of blue-chip companies or dividend-giving stocks.
A casual exploration helped with the following data;
For the last three years:
SBIN has given a return of 143.08 %
TATA MOTORS has given a return of 321.09%
INFOSYS has given a return of 26.78 %
Common sense prevailed, and he understood that the stock markets are an investment mode. For example, he understood that equity-linked mutual funds were apt for his risk appetite and matched his long-term goal of securing his child’s future.
In conclusion, 360-degree knowledge will equip Rohit to make informed decisions that will secure the future of his child.
Also Read – Child funds 101: Quick guide to mutual fund investments for your kid’s future
Disclaimer
Do note that these returns have been picked up from the stock tracker from economic times website.
This is general information and not any suggestions for any scheme. Before making any decision, it’s advisable to consult with a financial advisor who can provide personalized advice based on your financial goals, risk tolerance, and the specific needs of your child. Additionally, review and compare multiple plans to find the one that aligns best with your financial objectives. We are not recommending any schemes.
