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BQPortfolio: Saving To Fund Your Daughter’s Education

Is MN Nathan saving enough to secure his daughters’ future?

Source: BloombergQuint
Source: BloombergQuint

BQPortfolio speaks to citizens from across India about their financial goals and helps them access expert advice on how to achieve them.

In India, securing a child’s future is the top priority for parents.

MN Nathan wants to save Rs 1 crore for his daughters’ education and marriages. Nathan anticipates that he’ll require Rs 50 lakh for both his daughters’ higher education in 12 years and another Rs 50 lakh for their wedding in 22 years from now.

Is he saving enough to do so?

On this episode of BQPortfolio, Rohit Shah, founder and chief executive officer of Getting You Rich, helps Nathan plan his investment strategy.