No, as we can only withdraw only 20% of amount after 18 years
@shailendrarai30826 күн бұрын
@@EveryPaisaMatters "No" is not a good answer. "Never" is the most suitable answer.
@rishi2219866 күн бұрын
No direct mutual fund is much better option
@AmitSinghIndia6 күн бұрын
No ..
@adityashrestha52146 күн бұрын
This country seriously needs a qualified finance minister.
@ankitdwivedi69666 күн бұрын
@@adityashrestha5214 true, she is worst FM till date.
@Lifesavingtraveling5 күн бұрын
Retirement is best option to secure money as tender age ppl tempted to lavish life
@AmitSharma-sp3tr5 күн бұрын
Qualified nahi bhai, anpad hi thik mannage karega.. Jyada Qualified ka natiza to dikh hi raha Middle class family ka watt laga diya, garibo ko muft dene ke naam pe....
@Manojkumar-yk4ic5 күн бұрын
@@adityashrestha5214 नालायक आदमी persent India fast growing economy in the world under finance minister
@mohmmadabutalibmohmmadabut81094 күн бұрын
@@adityashrestha5214 I agree with you
@Abhibee40186 күн бұрын
Who needs pension for minors, FM is mentally bankrupt
@naishadhsutaria87265 күн бұрын
@@Abhibee4018 maybe it's like universal basic income
@shettigarrammohan22016 күн бұрын
It is better to open one mutual fund for kids and invest in sensex or Nifty 50 as a SIP which can gives 12-14% return in long run. At 18yrs, you can transfer that corpur to your kid simple as that. No condition like lock in or purchasing annuity.
@divatherajput9225 күн бұрын
Maine Kia hua small cap me
@tanmoykar49812 күн бұрын
Missing information in this video: 1. Parents sign needs to be uploaded after eKYC verification 2. Birth certificate needs to be uploaded in jpg/jpeg format 3. Additional ~₹18 charged for account creation & the this will be a virtual PRAN for the minor 4. Minors bank account details is optional
@rahmathullahg71276 күн бұрын
Useless scheme.. Because as you said everyone needs money at the time of 18 years old for education ..we couldn't take entire money..
@amit5036ma6 күн бұрын
Thanks Sir for such a detail video in simple language
@dindian58236 күн бұрын
parents putting money in ppf for future of minor are not criminals. Anyway one doesn't get tax credit beyond 1.5 lacs what's your problem than Nirmalaji. You are acting like a dictator and making sure BJP doesn't win the next time... I single handedly hold you responsible for such a messy implementation of GST and now this PPF screw-up. What do open category children do for their education if they are even denied this money for which their parents will pay IT
@jijnasuagnihotri36184 күн бұрын
Nice presentation
@tofeeqmalik465 күн бұрын
75% equity matlab stock market share investment in equity??
@nagarjunayt4 күн бұрын
Yes. You have option to choose as much equity as you want till a maximum of 75%
@Swarn26036 күн бұрын
Very informative and clear 👍👍
@me23xfhg3 күн бұрын
The moment kid's wife claims for alimony 😅 all savings are gone except for nps and ppf
@naveenavadhani6 күн бұрын
Which minor kid will have PAN card. Great analysis
@veenahegde74415 күн бұрын
If u invest money for your minor children
@avi2chauvinist4blr5 күн бұрын
Even a just born kid with birth certificate can have a pan card. U have to know things before commenting
@tofeeqmalik465 күн бұрын
@@avi2chauvinist4blr xD
@structural_trader4 күн бұрын
Yes minor can have a pan card ....
@naveenavadhani4 күн бұрын
Sorry never knew that
@gauravkumars5 күн бұрын
They've unnecessarily complicated it, our NPS Tier2 is perfectly good for this purpose. It gives us the benefit of low annual expense...and ability to withdraw 100% at the time of need later...no questions asked...
@EveryPaisaMatters5 күн бұрын
Very Good Point!
@Saswati_me15 сағат бұрын
deposited 1000, but, did not receive the PRAN NUMBER YET
@zaheer10445 күн бұрын
Ye scheme hai ya scam, matalab bachhe ka retirement ab main plan karu, ye FM and government please hire one or 2 educated person
@arunkewat68326 күн бұрын
Isse achcha to RD hai.
@nagarjunayt4 күн бұрын
I don't understand the problem of the majority commenters including the OP here. Whats wrong in investing in a Pension Fund for your kids!? NPS as a product could be considered as one of the investment options for the future of the child. The point of a pension scheme itself is that you're saving for one's retirement. Why are you always worried about withdrawing funds from it!? The same criticism was meted out to normal NPS as well.
@DennyJohny4 күн бұрын
If you are a welthy person then your comment is valid. Most of the people are middle class so for us this scheme is not good. What about if I die ? Child cant touch this money till she come to age 60 ? Who will take care her study ? Okay we can take term insurance but what about PTD or PPD for me ? We need to think all aspect as a middle class.
@nagarjunaytКүн бұрын
@@DennyJohny That's why I've mentioned that this can be one of the investment options and not the only option. Please read my comment again. You're saving for your child's pension, not for any other needs. If you invest your savings in this fund, then you're not planning it right. That's why one needs to do goal based planning. What needs of the child should you plan for? Education and Marriage. If it's a single income family, you need money to run the family as well. Then the products that you invest in should have similar maturity timelines. E.g. if you have a 8 year old kid and you're saving for his/her college education, the goal is 10 years away. Hence, you should invest in large and midcap funds, obviously not NPS. If we always think about NPS as a product where your money gets locked, then there's no point of calling it as a pension scheme. Pension is for retirement. Not for withdrawal at any time. Even then, you have partial withdrawal options.
@komalchunarkar96 күн бұрын
इससे अच्छा तो म्यूच्यूअल फण्ड में पैसे investment करे सारा पैसो की withdrawal power अपने हाथ मे रहेगी और return भी ज्यादा मिलेगा. Waste of money scheame
@riding_mutant30345 күн бұрын
Bankers are forced to open such accounts...
@sumanpaulchowdhury83332 күн бұрын
If you have to keep your money locked in for 3 years then why not ELSS?
@tanmaychoudhary51415 күн бұрын
Pan is not compulsory for minor.
@pradeepdas81047 сағат бұрын
I have opened this account for my daughter in KFintech last week. I am also investing in Sukanya Smariddhi account, PPF and Mutual Funds for her future.
@EveryPaisaMatters7 сағат бұрын
Please don't invest here, invest in Mutual funds instead
@pradeepdas81047 сағат бұрын
@@EveryPaisaMatters Already investing in Mutual Funds.
@EveryPaisaMatters6 сағат бұрын
Continue there and increase investment. This is a stupid scheme.
@pradeepdas81046 сағат бұрын
@@EveryPaisaMatters But I like this scheme.
@Udaan00075 күн бұрын
No unless 80% of maturity amount is eligible for withdrawal at the age of 18 for education needs of children. Also maturity amount must be tax exempt.
@sumitpal19755 күн бұрын
Sir , I have also opened minor account for my daughter 😊
@shalinipriya25335 күн бұрын
Hi sir were did u open the account
@carloslopez-bp7rp5 күн бұрын
¡¡Asombroso!! Dios finalmente había cambiado mi vida a través de la Señor Alejandro Benedetti . 1500 cada diez días. Dios es bueno
@Victormateo5815 күн бұрын
Vaya, ¿tú también conoces a Alejandro Benedetti?
@ArielVentas5 күн бұрын
todos lo conocen. El es muy bueno en lo que hace. Un experto
@JosefinaKolosok5 күн бұрын
De hecho, el gobierno ha dicho que las cosas son más difíciles para sus ciudadanos y que no podemos quedarnos sentados y soportar todas las consecuencias de una mala gobernanza. Es obvio que nos dirigimos hacia la inflación; Siempre son los pobres los que reciben el golpe.
@MariaMantilla-fy4be5 күн бұрын
Hoy llega a 50.000. Estoy realmente agradecido por todo el conocimiento y las pepitas que me han brindado durante los últimos meses. Comenzó con 20k en agosto de 2023
@Emilianojoaquin5715 күн бұрын
Es un milagro y yo testificaría: ¡30.000 dólares cada 4 semanas! Ahora tengo una mansión grande y puedo permitirme cualquier cosa y también apoyar la obra de Dios y la iglesia
@avijitdas48625 күн бұрын
80% mandatory annuity purchase, seriously. This scheme is for govt. guaranteed income and not child's future or a tool for parent to utilize when needed. Better, buy a Gulak and save money in it, at least you will get all money back once you break it.
@jasmineortiz55516 күн бұрын
Is the stock market actually getting better or is this the Election time manipulation to entice new investors, I'm currently sitting on an inheritance of 300k and i'm wondering do I invest in stocks or Gold?
@nealremy66356 күн бұрын
buy bitcoin! it is decentralized and most secure, thus healthy competition among many miners
@veronaconley19536 күн бұрын
market crash is inevitable, but there are actually strategies to mitigate risk and profit consistently, tho such executions are usually carried out by investment experts
@Udaan00075 күн бұрын
BKL aa gaya scam karne.
@ashishchauhan98085 күн бұрын
Gujrati mota bhai ka dimaag for having more funds from people … also minors don’t have PAN Card and Passports so is it for a particular class or segment of people ?
@rajivgupta19642 күн бұрын
Doubtful new schemes like NPS vatsalya by govt on children financial safety after suddenly withdrawal/lower interest rate of children PPF a/c. What is the guarantee in the future that the govt will not change rules and regulations. After sudden change in children PPF a/c scheme at financial loss at cost of millions of children future education and marriage experience etc.
@sumanpaulchowdhury83332 күн бұрын
Bogus scheme. For a 18 year old you need money for education, what's the need for annuity? Either you allow withdrawal of total amount or let them go to NPS tire II and when they attain 60 years allow them to either take the amount out or go for annuity. And again no tax benefit!! What the hell!!
@vikramsinghrawat4151Күн бұрын
Sir my daughter is special child can i open this account
@usahoop265 күн бұрын
What is difference, if any one invest in mutual funds other than this? There will not be any condition in simple Mutual Fund investment.
@EveryPaisaMatters5 күн бұрын
Exactly! As of now looks like a stupid product.
@jpyadav55463 күн бұрын
कर्मचारियों को ops देते-देते, अब बच्चों को पेंशन देने लगा,,15-15 लाख रुपये कहाँ गया
@prasoon4u9103 күн бұрын
Khata khat bank me jama hai, ja ke nikaal le
@eriobotryavibes99145 күн бұрын
अपनी पेंशन का कोई जुगाड़ नहीं , बच्चों की पहले लगवा दें
@vidhantiwari3314Күн бұрын
अगर ये स्कीम श्रीमती निर्मला सीतारमण की छत्रछाया में रहेगी तो क्षमा करें ...हमारे बच्चे खुद अपना भविष्य बना लेंगे लेकिन उस lady की इजाद की हुई किसी भी स्कीम में नहीं फंसेगे
@ElizabethDavid-d8j4 күн бұрын
Grady Mount
@deekshaseth4592 күн бұрын
NPS tier 1 for private people already Bakwaas, atleast liquidity should be given after 7 yr lock-in
@tanveerrather76392 күн бұрын
Why should we invest in nps where only 9.5% annually return is possible instead of mutual funds where 20-25% annually return is possible.. Backwas NPS
@tarheha12746 күн бұрын
Useless and hopeless scheme again
@HareshShah-kd2uyКүн бұрын
5 trelean economi Bana ne ke scheme.sarkar ko fayda investar ko 👍😂😂😂
@viralshah22384 күн бұрын
Liquid fund mae dalo /Balance Advanced fund mae dalo rupya government mae scheme just joke hai
@technicaltripathi3185 күн бұрын
Isme government ka bhi contribution hai kya
@EveryPaisaMatters5 күн бұрын
chawanni ka bhi nahi!
@technicaltripathi3185 күн бұрын
@@EveryPaisaMatters to nahi karna hai mutual fund hi sahi hai
@nisargwalamk67325 күн бұрын
Children plan for lic
@nisargwalamk67325 күн бұрын
LIC is the best
@SD_0032 күн бұрын
What nonsense. Why would I invest for kid’s pension? Instead of education? 🤷🏼♂️
@divatherajput9225 күн бұрын
Achha new born ka pan card kese bnega
@Lifesavingtraveling5 күн бұрын
Zerodha ne bhi minor ke liye demat account open Kiya Hai Aur pan card online nsdl ki website me ban jayega
@Lauvbhangu5 күн бұрын
Pan card guardian ka chahiye
@rockstar42206 күн бұрын
Sir tax kitna honga
@EveryPaisaMatters6 күн бұрын
covered in video
@amitpaul87005 күн бұрын
Useless Scheme
@drneerajguruji6 күн бұрын
बकवास स्कीम
@AjajulHaque-dj5dv5 күн бұрын
Ops allow toh kare pahle😂😂😂
@dhananjayshukla62992 күн бұрын
Delhi me केजरीवाल ke saraab wale sheme ka asar saaf saaf dikh raha hai
@abhishektiwari22476 күн бұрын
18 years se jo baccha Kam hai, ooska pancard kaise bnega
@EveryPaisaMatters6 күн бұрын
Ban jayega!
@saikatsfriend6 күн бұрын
Minor PAN Card hoga...NSDL website pe apply karke payment karne ke baad applied print copy along with all relevant documents given address jo ki Pune mein hai waha pe post karke hard copy vejna hoga
@partharniya26945 күн бұрын
Ban jayega
@babitaghosh87486 күн бұрын
🎉
@abhirupbanerjee35765 күн бұрын
Not good scheme
@sandeeprocks916 күн бұрын
Hopeless and useless just like APY
@thegaganvinayak6 күн бұрын
Isse best to mutual fund me daal lo. 500 sip
@EveryPaisaMatters6 күн бұрын
Yups!!!
@jeeteshkumar94255 күн бұрын
30 saal pichhe ka plan hai
@Dcba32415 күн бұрын
Most foolish scheme heard . 😅
@safiqulalam78126 күн бұрын
Kiya Hain a? Bakwas cheej? Very disappointed.
@satvikkhare18444 күн бұрын
Please don’t do this st i pid scheme. This makes no sense that you put money in something that will mature after eternity. Better to give that money to your kid. Your kid will thank you later. Twitter has bashed this scheme left right and centre.
@BhanupratapSingh0015 күн бұрын
Listen this is pension scheme so it desgine as so. So many scheme for education go for those. Why u want everything in a scheme. Treat it as a pension scheme, not investment or education fund
@djayeshv843 күн бұрын
Bekar scheme सिर्फ gst लेने के लिए होता है सब कुछ
@ratuldekaraja73235 күн бұрын
Bakwas Scheme😅
@partharniya26945 күн бұрын
Apna paisa hum khud nahi nikal paye to koi matlab nahi hai,badi muskil se paisa bachata hai vo bhi esi scheme me laga do jisme nikal nahi paye to matlab nahi hai , parents ko bacche ki education shadi ke liye paisa chahiye , bachat to isme laga di ab paise kaha se aayenge unke paas .better hai ki MF me nivesh kar deve .
@HareshShah-kd2uyКүн бұрын
Bogas scheme.
@hsjshshshlsjshss33426 күн бұрын
No lic best
@aniketanand28885 күн бұрын
Abtak ka sabse ghatia FM. Hum pyaj nahi khate ,,,, Tum hawa Khao.....
@randomplay87465 күн бұрын
Usse bekar kuchh nai hoga
@bahutachhalaga12336 күн бұрын
Third class scheme
@kamalpant30895 күн бұрын
Yaha khud ke job ka pata nhi h or ye log children ke pension ki baat kr rhe h.. had h
@deekshaseth4592 күн бұрын
Totally bakwas scheme
@AmitSharma-sp3tr5 күн бұрын
Nirmala ji ko bharat ratan se upar ka koi award se nawaja jana chahiye Middle class family ke saath jo khilwad ye mahila kar rahi hain wo bardast ke bahar ho chuka Sukanya samriddhi yojna bhi koi khas benefits nahi deta unko jo jyada investment nahi kar sakte Ya aise log jinka mahine ka income fix nahi rehta... Usko flexible banana tha ki pure 1 saal mein jitna ho sake utna deposit kijiye Kisi saal 10000, kisi saal 50000 Jab jitna possible ho Lekin govt sirf khud ke liye fund arrangement mein lagi hai, is tarah ke chutiya banane wale scheme se. Isse best to sahara india tha, sabko diya hi diya
@partharniya26945 күн бұрын
Nps itna acha hota to sarkari karamchari virodh kyo karte ,aakhir vo bhi education log hai
@BhanupratapSingh0015 күн бұрын
Because earlier they are getting pension earlier. This will cover those who don't have gov jobs.