ilmscore | How to INVEST Rs. 20 LAKHS for Kids' Education?! | Money Matters Ep. 67 | Ankur Warikoo Hindi

Predictions from this Video

Total: 4
Correct: 0
Incorrect: 1
Pending: 3
Prediction
Topic
Status
Projected 12% annual return on Nifty 50 mutual fund, leading to Rs 3 lakh growing to Rs 10 lakh in 3 years.
"on an average, it will give you 12% return in 3 years. So after 3 years this ₹3 lakh would have become around ₹1 lakh."
Investment Growth
Incorrect
Goal to grow Rs 20 lakh investment to Rs 30 lakh within 5 years.
"your duty will be to take this Rs 20 lakh to Rs 30 lakh in 5 years."
Investment Strategy
Pending
Rs 3 lakh from liquid fund growth plus Rs 20 lakh from FD will be available in 2 years for the younger daughter's engineering college education, even private ones.
"After 2 years, when your younger daughter is ready to go to college, she will have this ₹3 lakh. Plus your FD will be ₹ lakh. For ₹2 lakh, she can go to any engineering college anywhere, even a private one."
Investment for daughters' education
Pending
After 5 years, the accumulated Rs 30 lakh can be used for daughters' education or given to them for their own management.
"And at that point, you will have to divide this ₹ lakh in any way you want. Either use it for the education of your daughters or give it to them and they will take care of it."
Investment for daughters' future
Pending