The Economic Times News

Childrens Mutual Fund AUM surge by 160% in 5 years to Rs 25,675 crore; SBI Magnum Children's Benefit Fund top return chart: ICRA Analytics

There are close to 12 such funds currently available in the market, and some of the top-performing funds have delivered an average CAGR of 15-20% in the last three to five years. This has made these funds a favored choice among parents for securing childrens education and future milestones, reflecting a clear shift from conventional savings to market-linked instruments.