Experts advise parents to regularly review and rebalance their portfolios to align with their child s goals and market conditions, and consider long-term investment strategies that can accumulate wealth over time
Mahila Samman Savings Scheme: The scheme is a one-time savings scheme which is primarily objected at increasing women s participation in financial investment. It should also be noted that the scheme is available only for the period of two years and can t be invested after 31st March, 2025.
Credit card transactions have surpassed debit card usage in India, with credit card use overtaking debit card use in April 2023, according to data from the Reserve Bank of India