This scheme is best for the future of children, investment starts from Rs 1000 and gives strong returns.

NPS Vatsalya: All parents want to do something for their children. So that they do not have to face problems later in their life. Securing the future of their children is not only their responsibility but also the first priority. Planning in advance is very important for children's education, their marriage and major expenses in their life.

In view of the rising inflation. So in such a situation, this planning becomes even more important. If you invest in a right scheme. Then you can prepare a good fund for the children till they grow up. Which can be useful for them in future. For this, the government has started NPS Vatsalya Yojana. Which is a very beneficial scheme for the future of children.

You can start investing from Rs 1000

NPS Vatsalya Yojana is a format of National Pension Scheme. Which was started in September last year. It is specially made for minor children. In this scheme, parents or guardians of children can open NPS account for their minor children. And can deposit a fixed amount every month or year till the age of 18 years. Let us tell you that in this scheme, investment can be started from one thousand rupees and there is no limit of maximum investment in it. Let us tell you that this account gets converted into NPS account after the age of 18 years.

You get good returns

You also get good returns on the amount deposited in NPS Vatsalya Yojana. If we talk about long term returns in this scheme, then around 9.15% to 10% returns are expected. Not only this, if needed, you can also withdraw some part of the amount invested in this scheme. Like you can withdraw up to 25% for studies or for any emergency situation. You are also given tax exemption in the scheme.

This much money will be deposited for 18 years.

If we assume an annual average return of 10% in NPS Vatsalya Yojana. According to this, if you deposit 15 thousand rupees every month for 15 years for a 3-year-old child. Then by the time he turns 18, about Rs 60,24,318 will be deposited in his account at the rate of 10% average return. Which will be a decent amount.