Children saving schemes

[Naresh]

Please let us know about Children saving schemes, like deposit 1 Lakh and Get Lump Sum amount after few years. Or do I go and put money in Fixed Deposit.
Pls advice.

[CONFUSED]

Clarify the purpose of the investment. Time line etc.

[Naresh]

Clarify the purpose of the investment. Time line etc.
Purpose - Save Money for future study
Time Line - 10 Years
Premium Payment - One time investment

[Naresh]

Lots of view but no reply. Guys please reply to my query.

[Abbas]

Purpose - Save Money for future study
Time Line - 10 Years
Premium Payment - One time investment
I am not expert, just sharing the info, I have -
1) Child Career - Go with 6 years payment
Advantage : less amount of premium + extended 7 years Sum Assured after policy
2) Komal Jeevan -
Disadvantage - Pay money in 2 years gap and premiums are costly
Advantage - Guaranteed Addition

[Naresh]

I am not expert, just sharing the info, I have -
1) Child Career - Go with 6 years payment
Advantage : less amount of premium + extended 7 years Sum Assured after policy
2) Komal Jeevan -
Disadvantage - Pay money in 2 years gap and premiums are costly
Advantage - Guaranteed Addition
Thanks Abbas. But I am looking for lump sum investment.