Edelweiss MF’s Radhika Gupta shares 5 tips on investing for your child

“On popular request, some quick thoughts on investing for a child,” Edelweiss MF’s Radhika Gupta wrote while sharing her tips.

Published on: Mar 30, 2024, 13:44:45 IST

By Trisha Sengupta

Prefer HTon Google

Share via

Copy link

Edelweiss MF’s Radhika Gupta took to X to share tips for parents wanting to start their kids' investment journey. In her post, she shared how to chart the financial goals to secure one's child’s future. She also added that “Financial gifts are productive”.

Five tips from Edelweiss MF’s Radhika Gupta on X have impressed people. (Instagram/@iamradhikagupta)

As the first tip, Gupta advised the parents to get their kid’s documents in order - “birth certificate, Aadhar, PAN and then bank account”. The next step she suggested is to “try to find a goal" for which to save. She also added that the goal should be broken down into the number of years that one has to “figure out an investment amount”.

Also Read: Edelweiss MF CEO Radhika Gupta’s 2-year-old son’s investment portfolio outperforms her own returns

In the following lines, she added three more tips and ended her post on a light-hearted note. “I know the pain of having three ball pools and four strollers as gifts and storing them in a Mumbai home. Financial gifts are productive and take less space,” she added.

Take a look at Radhika Gupta’s entire post here:

The post was shared a day ago. Since then, the share has collected more than one lakh views. The post has further accumulated close to 600 likes. People posted various comments while reacting to the share.

What did X users say about Radhika Gupta’s post?

“Can we invest in SIP in a child's name?” asked an X user. To this, Radhika Gupta replied with a “Yes”.

“Thank you for the details as requested. I really appreciate it,” added another, referencing that the person is one of the X users who asked for advice from Gupta.

Also Read: Edelweiss MF CEO 'never discussed maternity leave' with her boss, reveals what he said

“I started PPF on getting married. When my son turned 18 (after the 20th year of the account), I closed it and used it for his education. SIP in MF will do fine. Probably would generate more than PPF,” joined a third.

“But what about LIC plans for the child?” wrote a fourth.

What are your thoughts on the tips Edelweiss MF’s Radhika Gupta shared?

ABOUT THE AUTHOR
Trisha Sengupta
Trisha Sengupta works as Chief Content Producer at Hindustan Times with over six years of experience in the digital newsroom. Known for her ability to decode the internet’s most talked-about moments, she specialises in high-engagement storytelling that bridges the gap between viral trends and traditional journalism. Throughout her tenure, Trisha has focused on the intersection of technology, finance, and human emotion. She frequently covers personal finance and real estate struggles in hubs like Gurgaon, Bengaluru, and Hyderabad, while also documenting the unique challenges of the NRI experience. Her work often highlights the movements and philosophies of global newsmakers and personalities like Elon Musk, Mukesh Ambani, Nikhil Kamath, Dubai crown prince, and MrBeast. From reporting on Amazon or Meta layoffs and startup culture to the emergence of AI-driven platforms like Grok and xAI, she provides a grounded and empathetic perspective on the stories shaping our world. When not decoding the internet, Trisha is likely offline: lost in a book, exploring a historical ruin, or navigating the world as a solo traveler. She balances her fast-paced career with family time and a healthy dose of curiosity, currently trading her "human" sources for silicon ones as she masters AI to future-proof her storytelling.Read More

Get Latest Updates on Trending News Viral News, Video, Photos and Weather Updates of India and around the world