ICICI Pru Smart Kid Solution – Children Education Plan – Review: Should You Buy?

One of the top priorities of every individual is fulfilling the dreams of near & dear ones. You need to ensure that any unfortunate event shouldn’t jeopardize their dreams. So, you need a life cover to protect your family & at the same time, you need to save for their dreams.

ICICI Prudential has come up with a solution to fulfill these responsibilities. ICICI Pru Smart Life is designed for Smart parents, Smart spouses, and Smart Sons/daughters.

In this article, let us evaluate the features & benefits to analyze the advantages(pros) and disadvantages(cons) of the Child variant (Smart Parents – Smart Kid).

The base plan is called ICICI Pru Smart Life & the variant name is Smart Kid Solution – Children Education Plan. So, are you eager to find out the whether the ICICI Pru Smart Kid Solution is a Good or Bad investment option to meet the educational expenses of your children?

Let’s get started!

Table of contents:

1.)An Overview of ICICI Pru Smart Kid Solution(Children Education Plan) – Analysis
2.)Features of ICICI Pru Smart Kid Solution (Children Education Plan) – Analysis
3.)Eligibility Criteria Of ICICI Pru Smart Kid Solution (Children Education Plan) – Analysis
4.)Portfolio Strategies & Fund Options Of ICICI Pru Smart Kid Solution (Children Education Plan) – Review

• Fixed Portfolio Strategy – Analysis With Illustration
• Automatic Transfer Strategy – Analysis
• Life cycle-based Portfolio Strategy – Analysis

5.)Benefits Of ICICI Pru Smart Kid Solution (Children Education Plan) in detail

• Death Benefit Review
• Maturity Benefit Review
• Loyalty Additions and Wealth Boosters – Review

6.)Additional benefits Of ICICI Pru Smart Kid Solution (Children Education Plan) – A Analysis

• Switch between funds – Analysis
• Top-up premium – Analysis
• Change in Portfolio Strategy – Analysis
• Premium Redirection – Analysis
• Partial Benefit – Analysis
• Decreased Sum Assured – Analysis
• Decrease in Policy Term – Analysis

7.)A Grace Period, Premium Discontinuance & Revival Of ICICI Pru Smart Kid Solution (Children Education Plan) – A Analysis

• Grace period
• Premium Discontinuance (Applies for Limited & Regular pay) – Review
• Revival

8.)Free Look period of ICICI Pru Smart Kid Solution (Children Education Plan)
9.)Surrendering ICICI Pru Smart Kid Solution (Children Education Plan)
10.)Various Charges under ICICI Pru Smart Kids Solution (Children Education Plan)

• Premium Allocation Charge – Analysis With Illustration
• Fund Management Charge (FMC) – Analysis With Illustration
• Policy Administration Charge – Analysis
• Mortality Charges – Analysis With Illustration
• Discontinuance charge
• Inference from the charges – Analysis

11.)Advantages of ICICI Pru Smart Kid Solution(Children Education Plan) – Analysis
12.)Disadvantages of ICICI Pru Smart KLid Solution(Children Education Plan) – Analysis
13.)Research Methodology ICICI Pru Smart Kid Solution(Children Education Plan)
14.)Benefit Illustration – IRR(Internal Rate Of Return i.e Interest Rate) analysis of ICICI Pru Smart Kid Solution(Children Education Plan)
15.)ICICI Pru Smart Kid Solution(Children Education Plan) vs Other Investment Products

• ICICI Pru Smart Kid Solution(Children Education Plan) Vs Pure Term Insurance + PPF / ELSS – Analysis
• ICICI Pru Smart Kid Solution(Children Education Plan) Vs SBI Life Insurance Child Plan – Smart Scholar
• ICICI Pru Smart Kid Solution(Children Education Plan) Vs ABSLI Child’s Future Assured Plan Review

16.)ICICI Pru Smart Kid Solution(Children Education Plan) Vs Other Investment Products – Review Conclusion
17.)Final verdict on ICICI Pru Smart Kid SolutionICICI Pru Smart Kid Solution(Children Education Plan)– Good or Bad?

1. An Overview of ICICI Pru Smart Kid Solution(Children Education Plan) – Analysis

ICICI Pru Smart Kid Solution is a unit-linked non-participating individual savings life insurance plan. This plan gives you a variety of saving options so you can build up money for your desired goals as well as a life insurance policy to protect your family even in the tragic event of your passing.

You can click here for the official brochure of Smart Kid Solution (Children Education Plan).

2. Features of ICICI Pru Smart Kid Solution (Children Education Plan) – Analysis

• Pay premium as per your choice – Single pay, Regular pay & Limited pay
• Choose the extent of safety that fits your needs.
• There are two portfolio strategies & 14 Fund options.
• Get rewarded with Loyalty Additions and Wealth Boosters for long-term policies.
• In the event of unfortunate death, apart from lumpsum benefit, there is a premium waiver option.
• Partial withdrawals are allowed to fund any emergencies provided the lock-in period is completed.

3. Eligibility Criteria Of ICICI Pru Smart Kid Solution (Children Education Plan) – Analysis

4. Portfolio Strategies & Fund Options Of ICICI Pru Smart Kid Solution (Children Education Plan) – Review

• Fixed Portfolio Strategy – Analysis With Illustration

This method allows you to manage your financial savings actively. Under this strategy, you can choose to save your monies in any of the following fund options in proportion to your choice. You can transfer monies among those funds through the usage of the switch option. The details of the funds are given in the illustration table below:

		Asset Allocation
S.no	Name of the Fund	Equity & Equity Related Securities	Debt	Money Market & Cash	Risk -Reward profile
1	Opportunities fund	80-100%	0-20%	0-20%	High
2	Multi-cap growth fund	80-100%	0-20%	0-20%	High
3	Blue-chip fund	80-100%	0-20%	0-20%	High
4	Maximiser V	75-100%	0-25%	0-25%	High
5	Value Enhancer fund	85-100%	0-15%	0-15%	High
6	Multi-cap Balanced fund	0-60%	20-70%	0-50%	Moderate
7	Secure Opportunities fund	0	60-100%	0-40%	Low
8	Income Fund	0	40-100%	0-60%	Low
9	Money Market fund	0	0-50%	50-100%	Low
10	Maximise India fund	80-100%	0-20%	0-20%	High
11	Active Asset Allocation Balanced Fund	30-70%	30-70%	0-40%	Moderate
12	Focus 50 fund	90-100%	0-10%	0-10%	High
13	India growth fund	80-100%	0-20%	0-20%	High
14	Balanced Advantage fund	65-90%	10-35%	0-35%	High
15	Sustainable equity fund	85-100%	0-15%	0-15%	High
16	Mid-cap fund	85-100%	0-15%	0-15%	High
17	Mid-cap hybrid fund	65-80%	20-35%	0-15%	High
18	Constant Maturity Fund	0	75-100%	0-25%	Moderate

• Automatic Transfer Strategy – Analysis

Within the Fixed Portfolio Strategy, you furthermore may have the choice to choose Automatic Transfer Strategy (ATS). If this is chosen, you can save all or some part of your saving in a Secure Opportunities Fund, Money Market Fund, Income Fund, and/or Constant Maturity Fund and transfer a fixed amount in regular installments into one or more of the following funds: Blue-chip Fund, Maximiser V, Multi Cap Growth Fund, Maximise India Fund, Value Enhancer Fund, Focus 50 Fund, India Growth Fund, Opportunities Fund, Balanced Advantage Fund, Sustainable Equity Fund, Mid Cap Fund or Mid Cap Hybrid Growth Fund.

• Life cycle-based Portfolio Strategy – Analysis

Depending on your age at the time of ICICI Pru Smart Kid Solution (Children Education Plan) policy inception, your investments are split between the Multi Cap Growth Fund and the Income Fund. Your money is re-distributed in accordance with your age as you transition from one age band to another.

The age-wise portfolio distribution is shown in the table.

Age of the Policyholder	Multicap Growth fund	Income fund
20-25	80%	20%
26-30	75%	25%
36-45	65%	35%
46-55	55%	45%
56-65	45%	55%

5. Benefits Of ICICI Pru Smart Kid Solution (Children Education Plan) in detail

Death benefit Review

On the death of the Life Assured, the Death Benefit payable will comprise two parts:

i)Lump Sum Benefit – A benefit paid out at the time of claim to take care of any immediate liabilities of the family.

The Lump Sum benefit is higher of the two amounts:

• Sum Assured
• Minimum Death Benefit (105% of the total premiums including Top-up premiums)

ii)Smart Benefit – A deferred benefit that ensures that your savings for your desired goal continue uninterrupted.

This benefit does not apply to the One Pay option. The Fund Value including Top-up Fund Value, if any, will remain saved in the respective funds and portfolio strategies as of the date of death of the Life Assured. Under this benefit, following the date of death of the life assured, units equivalent to the installment premium will be allocated by the Company on the subsequent premium due dates. Loyalty Additions and Wealth Boosters will continue to be allocated to the Fund Value.

Maturity Benefit Review

On maturity of the policy, you will receive the Fund Value including the Top-up Fund Value, if any. This is paid irrespective of the survival of the life assured till the maturity date. You will have the option to receive the Maturity Benefit as a lump sum or as a structured payout using the Settlement Option. Only in cases where the Policyholder and Life Assured are the same and the Life Assured lives to the end of the policy term is this choice possible.

Loyalty Additions and Wealth Boosters – Review

Benefit	When	Percentage
Loyalty Addition	End of every policy year, starting from the end of the sixth policy year	0.25%
Additional Loyalty additions	End of every policy year, starting from the end of the sixth policy year if the premium for that year has been paid	0.25%
Wealth Boosters	End of every fifth policy year, starting from the end of the tenth policy year	One Pay: 1.50%Limited Pay/ Regular Pay: 3.25%

6. Additional benefits Of ICICI Pru Smart Kid Solution (Children Education Plan) – A Analysis

• Switch Between Funds – Analysis

This feature is only available if you have all your funds in the Fixed Portfolio Strategy at the time of switching and the minimum value of a switch is Rs. 2000. If you have money saved up using the Lifecycle-based Portfolio Strategy, this option is not available to you.

• Top-up Premium – Analysis

You can save any surplus money as a Top-up premium, over and above the base premium(s), into the policy. Your Sum Assured will increase by Top-up Sum Assured when you avail of a Top-up. Top-up premiums can be paid at any time except during the last five years of the policy term. The minimum Top-up premium is Rs. 2,000.

• Change in Portfolio Strategy – Analysis

You can change your portfolio strategy once every policy year, provided the monies are not in DP Fund. This service is offered without charge.

• Premium Redirection – Analysis

This feature is applicable only if you have opted for the Fixed Portfolio Strategy. The split may be altered at no fee at the time that successive premiums are paid.

• Partial Benefit – Analysis

Partial withdrawals are allowed after the completion of five policy years provided monies are not in DP Fund. Any number of partial withdrawals are allowed, as long as they don’t add up to more than 20% of the Fund Value for the policy year as a whole. Partial withdrawals are cost-free.

• Decreased Sum Assured – Analysis

You can choose to decrease your Sum Assured at any policy anniversary during the policy term provided all due premiums to date have been paid. A decrease in Sum Assured will not change the premium payable under the policy.

• Decrease in Policy Term – Analysis

A decrease in terms is allowed subject to the Policy terms allowed under the given policy. If Policy Term is amended, all future charges will reflect the updated Policy Term. Once decreased, the Policy Term cannot be increased.

7. A Grace Period, Premium Discontinuance & Revival Of ICICI Pru Smart Kid Solution (Children Education Plan) – A Analysis

• Grace period

The Grace period for premium payment is 15 days for monthly premium payments and 30 days for other premium payment methods commencing from the premium due date in ICICI Pru Smart Kid Solution (Children Education Plan).

• Premium Discontinuance (Applies for Limited & Regular pay) – Review

Premium discontinuance during the first five policy years: After deducting any applicable discontinuation fees, the Fund Value, including Top-up Fund Value, if any, shall be credited to the DP Fund after the grace period, and the Risk Cover and Rider Cover, if any, shall cease. It will stay in the DP fund until the policy is renewed by paying the required premiums. Or else, the monies will remain in the DP fund and will be paid out at the end of the lock-in period.

Premium discontinuance after the first five policy years: upon expiry of the grace period, the policy will be converted into a reduced paid-up policy with a paid-up sum assured. The rider covers, if any, shall cease.

Reduced paid-up Sum Assured = Original Sum Assured X (Total number of premiums paid till the date of discontinuance/ Original number of premiums payable).

• Revival

A revival period of three years from the first unpaid premium applies.

8. Free Look period of ICICI Pru Smart Kid Solution (Children Education Plan)

If you are not satisfied with the terms and conditions of this policy, you shall return the policy 15 days from the date you received it, if your policy is not purchased through Distance marketing or 30 days from the date you received it, if your policy is an electronic policy or is purchased through Distance Marketing.

9. Surrendering ICICI Pru Smart Kid Solution (Children Education Plan)

During the first five policy years, to surrender the policy, the Fund Value including Top-up Fund Value, if any, will be transferred to the Discontinued Policy Fund (DP Fund), after the deduction of relevant Discontinuance Charges. The proceeds of the discontinued policy shall be refunded only upon completion of the lock-in period.

You will be entitled to the Fund Value, including Top-up Fund Value, if any, upon surrender following the completion of the fifth policy year.

10. Various Charges under ICICI Pru Smart Kid Solution (Children Education Plan)

• Premium Allocation Charge – Analysis With Illustration

One Pay – 3%

Limited / Regular pay

Premium Payment Mode / Annual Premium	Year 1	Year 2	Year 3	Years 4 to 5	Year 6 onwards
Annual	6%	5%	4%	4%	2%
Half-yearly / Monthly	4%	4%	3.5%	3%	2%

• Fund Management Charge (FMC) – Analysis With Illustration

Name of the Fund	Fund Management Charge
Opportunities fund	1.35%
Multi-cap growth fund	1.35%
Blue-chip fund	1.35%
Maximiser V	1.35%
Value Enhancer fund	1.35%
Multi-cap Balanced fund	1.35%
Secure Opportunities fund	1.35%
Income Fund	1.35%
Money Market fund	0.75%
Maximise India fund	1.35%
Active Asset Allocation Balanced Fund	1.35%
Focus 50 fund	1.35%
India growth fund	1.35%
Balanced Advantage fund	1.35%
Sustainable equity fund	1.35%
Mid-cap fund	1.35%
Mid-cap hybrid fund	1.35%
Constant Maturity Fund	1.35%
Discontinued Policy Fund	0.50%

• Policy Administration Charge – Analysis

It will be levied every month by redemption of units, subject to a maximum of Rs. 500 per month (Rs.6,000 p.a.)

One Pay: Rs. 60 p.m. (Rs.720 p.a.) for the first five policy years

Limited/Regular Pay: 0.21% p.m. (2.52% p.a.) of Annual Premium, for the entire policy term.

• Mortality Charges – Analysis With Illustration

Mortality charges will be deducted every month by redemption of units.

Age	30	40	50	60
Male	1.80	3.12	6.93	17.45
Female	1.73	2.78	6.11	13.35

• Discontinuance charge

It depends on the year of discontinuance & the premium amount.

• Inference from the charges – Analysis

ICICI Pru Smart Kid (Children Education Plan) levies various charges as discussed above. The net premium is allocated for investment. This will affect the return on investment. Other market-related products do not levy these types of charges like charges for discontinuance, policy administration, etc. This makes ULIP unattractive.

11. Advantages of ICICI Pru Smart Kid Solution(Children Education Plan) – Analysis

• Choose premium paying term & premium paying mode at your convenience.
• There are 2 investment strategies & 18 fund option which is not available in any other ULIPs.
• Loyalty additions & wealth boosters increase your fund value.
• Top-up premium is allowed.
• Fund switching & Premium redirections can be done during the policy term.
• Partial withdrawals are allowed to meet emergencies provided completion of 5 policy years.
• The premium waiver option is an inbuilt benefit.

12. Disadvantages of ICICI Pru Smart Kid Solution(Children Education Plan) – Analysis

• Though you have the option to reduce the Sum assured, the premium is not reduced proportionately.
• There is no liquidity in the initial years (Lock-in period – 5 years).
• The policy levies numerous charges which will reduce the return.
• The sum assured is not adequate to meet the family’s basic needs.
• The loan option is not available.

13. Research Methodology ICICI Pru Smart Kid Solution(Children Education Plan)

ICICI Pru Smart Kid Solution is a market-linked product. So, you won’t get a guaranteed final maturity amount. In order to make a decision we may need to figure out the potential return of this product. For this let us calculate the internal return of this plan. This will give you a big picture of the policy.

14. Benefit Illustration – IRR(Internal Rate Of Return i.e Interest Rate) analysis of ICICI Pru Smart Kid Solution(Children Education Plan)

A 35-year-old male buys ICICI Pru Smart Kid Solution for a sum assured of Rs. 5 lakhs. The annual premium is ₹ 50,000 & the premium paying term is 15 years. At the end of 15 years, he will receive the fund value as of the date of maturity.

Male	35 years
Sum Assured	5 Lakhs
Policy term	15 years
Premium paying term	15 years
Annual premium	50,000

The given illustration shows two different rates of assumed future investment returns. The benefit illustration’s returns are not guaranteed, nor are they the maximum or minimum amounts that could be recovered, as the value of your policy depends on several factors including future investment performance.

		At 4% p.a.		At 8% p.a.
Age	Year	Annualised premium / Maturity benefit	Death benefit	Annualised premium / Maturity benefit	Death benefit
35	1	-50,000	5,00,000	-50,000	5,00,000
36	2	-50,000	5,00,000	-50,000	5,00,000
37	3	-50,000	5,00,000	-50,000	5,00,000
38	4	-50,000	5,00,000	-50,000	5,00,000
39	5	-50,000	5,00,000	-50,000	5,00,000
40	6	-50,000	5,00,000	-50,000	5,00,000
41	7	-50,000	5,00,000	-50,000	5,00,000
42	8	-50,000	5,00,000	-50,000	5,00,000
43	9	-50,000	5,00,000	-50,000	5,00,000
44	10	-50,000	5,00,000	-50,000	5,00,000
45	11	-50,000	5,00,000	-50,000	5,00,000
46	12	-50,000	5,00,000	-50,000	5,00,000
47	13	-50,000	5,00,000	-50,000	5,00,000
48	14	-50,000	5,00,000	-50,000	5,00,000
49	15	-50,000	5,00,000	-50,000	5,00,000
50	16	8,53,629		11,93,782
		1.60%		5.62%

In the above illustration, the IRR(Internal Rate Of Return i.e. Interest Rate) at 4% p.a. is calculated at 1.60% and the IRR(Internal Rate Of Return i.e. Interest Rate) at 8% p.a. is calculated at 5.62%.

Under the 4% scenario, if he pays the premium for 15 years the fund value at the end of 15 years is ₹ 8.53 Lakhs. The Internal rate of return for this cash flow is 1.60%. This rate is lower than the savings bank account rate.

Under the 8% scenario, if he pays the premium for 15 years the fund value at the end of 15 years is ₹ 11.93 Lakhs. The Internal rate of return for this cash flow is 5.62%. This rate is lower than the bank’s Fixed deposit interest rate.

An investment return should ideally be more than the inflation rate. Though ICICI Pru Smart Kid Solution is a market-linked product, the investment return is low. Low investment returns will affect your future goals. And also, the sum assured is too low under this plan.

15. ICICI Pru Smart Kid Solution(Children Education Plan) vs Other Investment Products

Now, let us compare other investments with ICICI Pru Smart Kid Solution. Investing in ICICI Pru Smart Kid solution will not aid you in achieving the dreams of your kids. For comparison purposes, we assume that the same amount is invested in other instruments.

• ICICI Pru Smart Kid Solution(Children Education Plan) Vs Pure Term Insurance + PPF / ELSS – Analysis

Under ICICI Pru Smart Kid Solution(Children Education Plan), for ₹ 50,000 premium, you get a life cover of ₹ 5 lakhs & final fund value is paid at the time of maturity. So, we can split this ₹ 50,000 & utilise it for life cover as well as investment.

Pure term Life Insurance
Sum Assured	5 Lakhs
Policy term	15 years
Premium paying term	15 years
Annual premium	2,500
Investment	47,500

A Pure Term Policy for a sum assured of ₹ 5 lakhs would cost ₹2,500 per annum. We have assumed ₹ 5 lakhs sum assured, as in the earlier illustration. Ideally, you should get an adequate life cover. After paying a Pure Term Life Insurance premium, the balance amount of ₹ 47,500 could be invested for wealth accumulation.

		Term Insurance + PPF		Term insurance + ELSS
Age	Year	Term Insurance premium + PPF	Death benefit	Term Insurance premium + ELSS	Death benefit
35	1	-50,000	5,00,000	-50,000	5,00,000
36	2	-50,000	5,00,000	-50,000	5,00,000
37	3	-50,000	5,00,000	-50,000	5,00,000
38	4	-50,000	5,00,000	-50,000	5,00,000
39	5	-50,000	5,00,000	-50,000	5,00,000
40	6	-50,000	5,00,000	-50,000	5,00,000
41	7	-50,000	5,00,000	-50,000	5,00,000
42	8	-50,000	5,00,000	-50,000	5,00,000
43	9	-50,000	5,00,000	-50,000	5,00,000
44	10	-50,000	5,00,000	-50,000	5,00,000
45	11	-50,000	5,00,000	-50,000	5,00,000
46	12	-50,000	5,00,000	-50,000	5,00,000
47	13	-50,000	5,00,000	-50,000	5,00,000
48	14	-50,000	5,00,000	-50,000	5,00,000
49	15	-50,000	5,00,000	-50,000	5,00,000
50	16	12,88,266		18,66,203
		6.51%		10.74%

In the above illustration, the IRR(Internal Rate Of Return i.e. Interest Rate) of Term Insurance + PPF is calculated at 6.51% and the IRR(Internal Rate Of Return i.e. Interest Rate) of Term Insurance + ELSS is calculated at 10.74%.

PPF – At the end of 15 years, the final maturity is ₹12.88 lakhs. The IRR for Pure term + PPF is 6.51%. This return is higher than the 8% Scenario under ICICI Pru Smart Kid Solution. PPF is a debt instrument whereas ICICI Pru Smart Kid Solution (Children Education Plan) is a market-linked product.

ELSS – At the end of 15 years, the ELSS fund value is 19.83 lakhs. But it is subject to capital gains tax. The tax calculation is given below. The Post-Tax value is ₹ 18.66 lakhs. The IRR (Post-Tax Return) is 10.74%.

“This return can comfortably beat inflation. So, you can achieve your goals without any doubt”.

ELSS tax calculation

Maturity value after 15 years	19,83,281
Less
Purchase price	7,12,500
Long-term capital gains	12,70,781
Exemption limit	1,00,000
Taxable LTCG	11,70,781
Tax paid on LTCG	1,17,078
Maturity value after tax	18,66,203

In the above illustration, the final Maturity Value after tax is calculated at ₹18,66,203.

The above analysis clearly shows that investing in ICICI Pru Smart Kid Solution will leave in a deficit when the goal is due. Moreover, there may be a mismatch between the maturity of the plan & your actual requirement.

• ICICI Pru Smart Kid Solution(Children Education Plan) Vs SBI Life Insurance Child Plan – Smart Scholar

Please read our review of the SBI Life Insurance Child Plan which is an Individual, Unit Linked, Non-Participating Life Insurance Product. A ULIP plan that promises life protection as well as savings.

• ICICI Pru Smart Kid Solution(Children Education Plan) Vs ABSLI Child’s Future Assured Plan Review

Please read our review of ABSLI Child’s Future Assured Plan which is a Non-linked, Non – participating, Individual, Life Insurance, Savings Plan. Which promises to offer you Assured Benefits to fund your child’s key milestones.

16. ICICI Pru Smart Kid Solution(Children Education Plan) Vs Other Investment Products – Review Conclusion

After comparing and analyzing the advantages and disadvantages of ICICI Pru Smart Kid Solution(Children Education Plan) with other investment products. We have concluded that Term Insurance + PPF or ELSS is a far better investment option for your child’s future.

17. Final verdict on ICICI Pru Smart Kid Solution(Children Education Plan)– Good or Bad?

The ICICI Prudential Smart Kid Solution(Children Education Plan) is designed to help parents plan for their child’s education and secure their future. Similar to any other ULIP, this plan combines insurance coverage with investment opportunities.

A portion of the premium paid is allocated towards providing life insurance coverage for the parent or guardian, while the remaining amount is invested to build a corpus for the child’s education.

The plan offers multiple investment fund options to choose from, catering to different risk appetites and investment objectives. At the end of the policy term, the accumulated corpus is given as a maturity benefit. But this amount will not be sufficient to fund the child’s education expenses.

ICICI Pru Smart Kid solution (Children Education Plan) is a long-term investment. The education inflation is around 8-10%. But the returns are too low under this plan to meet the education cost.

“If you are interested in saving for your child’s education. Don’t opt for Readymade Child Plans that are available in the market. It is better to build an investment portfolio based on your specific goal”.

Are you searching for the Best Future Plan for your children on social media sites like Quora, Facebook, Twitter etc? A professional financial planner can guide you through a comprehensive financial plan.