Most of us have the goal of accumulating enough corpus to meet the funding need for our children’s higher education and marriage expenses and rightly so. Because at this stage our children get ready to face the future as they enter the last lap. Here they have to choose the right track and finish the race with flying colours. As parents our duty is to assure them with everything else i.e. freedom to choose desired stream of study as well as right institute. This goal is unique in many ways. The reasons are as follows:

• Goal post gets shifted many a times before the goal year as children grow up and their interest may also change in the meantime.

• Liquidity to some extent and flexibility to a great extent in the investment portfolio here is important.

• Factoring inflation with current cost of goal is important like any other goal. Hence potential return from the chosen investment instrument has to match with the required return.

At Hirannya FinPlan we create a customized plan keeping in mind the goal details and other constraints. Thereafter we design a portfolio to achieve this goal considering the above mentioned uniqueness and monitor the same regularly.