Fidelity mutual funds are a popular choice amongst investors. But with thousands of options, which ones should you choose? Dive into this analysis to find out.

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On the other hand, children's mutual funds are meant for long-term wealth creation. These schemes have a lock-in period of at least five years or until the child attains majority, whichever is earlier. The minimum investment amount is Rs 100 per month.

These schemes invest at least 80% of their corpus in the papers of the highest-rated companies. This makes them relatively safer than other debt schemes such as credit risk funds. They are also safer than gilt funds and long term debt funds that are highly sensitive to interest rate changes in the economy.

In August, mutual funds invested Rs 17,000 crore in ten IPOs, showing a strong primary market comeback with significant listing gains.

One can choose Index funds for their child’s future planning because firstly, you avoid the risk of fund manager bias and if you have limited time to actively monitor your portfolio then an Index fund is a good option.

Before investing in mutual funds, it is crucial for investors to perform comprehensive due diligence to ensure a sound investment decision.