BEFORE PLANNING FOR YOUR CHILD'S MARRIAGE KNOW THIS...
The average budget for an Indian wedding ceremony in the middle class is estimated to be around Rs.30 lakh. (source: HT July 2015)
This estimate in 5 years time period will cross Rs. 60 lacs.
For the upper middle class and rich class, these estimate would run in Crores.
So, start investing for your Beloved child's marriage NOW!!
If you want to accumulate GOLD for your child's marriage...
Instead of gold bonds, start SIP in balanced funds to buy gold at the time of marriage of your child.
It is beneficial as the gold rates are expected to go down and the balanced funds has a potential to deliver good tax free returns.
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