Every parent dreams of giving their daughter the best life — especially when it comes to her marriage. But with rising costs and inflation, arranging a substantial fund for your daughter’s wedding can become a financial challenge if not planned early.
If your daughter is still young, now is the perfect time to start investing smartly. Here are three best long-term investment options that can help you build a corpus of several lakhs by the time she grows up.
💰 1. Sukanya Samriddhi Yojana (SSY) — Government-Backed & Safe
SSY is a dedicated savings scheme for girl children, launched by the Government of India under the Beti Bachao Beti Padhao initiative.
Key Features:
For girls under 10 years of age.
Minimum investment: ₹250/year; Maximum: ₹1.5 lakh/year.
Tenure: Deposits up to 15 years; maturity after 21 years from account opening.
Current interest rate: 8.2% (compounded annually).
Example:
If you invest ₹1 lakh every year for 15 years, you'll get ₹46,18,385 on maturity. Out of this, ₹31,18,385 is interest alone.
✅ Ideal for risk-averse parents looking for guaranteed, tax-free returns.
💼 2. Public Provident Fund (PPF) — Long-Term Wealth with Tax Benefits
PPF is another reliable and tax-saving scheme offered by the Government. It's suitable for conservative investors.
Key Features:
Tenure: 15 years (extendable in blocks of 5 years).
Interest Rate: 7.1% per annum (compounded annually).
Investment limit: ₹500 to ₹1.5 lakh per year.
Tax-free returns under Section 80C.
Example:
Investing ₹1 lakh annually for 15 years can yield ₹27,12,139 at maturity, with ₹12,12,139 as pure interest.
✅ A safe and tax-efficient way to grow your money over time.
📈 3. Mutual Fund SIP — Best for High Returns with Time
For those willing to take calculated risks, Mutual Fund SIPs offer the highest return potential. Investing consistently in equity mutual funds over the long term can help you beat inflation and accumulate wealth.
Key Features:
Minimum investment: As low as ₹500/month.
Returns: Historically around 10–12% CAGR in equity funds.
Flexible withdrawal and top-up options.
Example:
If you invest ₹8,000 monthly for 15 years at an average return of 12%, you could receive ₹38,07,451 at maturity — with ₹23,67,451 as your net profit.
✅ Ideal for parents who start early and want wealth maximization with compounding benefits.
🧾 Final Thoughts:
The sooner you start, the better your results. Whether you prefer safe government schemes like SSY and PPF, or growth-oriented Mutual Fund SIPs, a disciplined investment approach is key to creating a wedding fund worth lakhs.
