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Old 9th September 2008, 19:36   #1
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Default Invetsment gift for newly born child: What are the Options?


My sister gave birth to a beautiful girl child today and as a gift I was planning to give my newly born niece an investment gift that would be of 'wealth creation' nature.

IMHO, items like gold, money etc, though considered auspicious, are not what I am looking at.

What are the possible options I have (assuming a one time payment)?

Are there any investment/financial instruments that I can buy in her name that would mature in the next 15-20 years and serve the purpose of wealth creation?

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Old 9th September 2008, 19:47   #2
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Please see
as well.
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Old 9th September 2008, 19:51   #3
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Hi Shahnawaz,

Please post your query in the thread posted by hrag.

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