• As a parent, it is natural to want the best for your child's future, including their education and other major expenses.

• However, with the rising costs of higher education and other expenses, it can be challenging to ensure that you are adequately prepared to meet these financial goals.

• Aditya Birla Sun Life Bal Bhavishya Yojana can help you meet these challenges with ease.

• This scheme aims to provide the benefits of diversity and asset allocation within a single scheme.

• The equity component of the scheme help delivers long-term returns, while the debt component can add relative stability to your portfolio. This can help you manage your risks and achieve your investment goals for your children with ease.

• The mandatory lock-in period of 5 years of this scheme encourages a disciplined approach towards investment. This helps inculcate the habit of saving and ensures that the investment remains focused on the long-term financial goals. This also minimizes the chances of early withdrawals and helps to maximize returns over the long term.

Also Read: How to save for multiple financial goals