Mutual Funds vs NPS Vatsalya: Which one to choose for your child's better future?

Mutual Funds vs NPS Vatsalya: When planning for a child's future, making informed investment decisions is crucial. The recently launched National Pension System Vatsalya (NPS Vatsalya) scheme aims to enhance children's prospects, while mutual funds are already well-established. This raises the question of which investment option is more beneficial. Financial experts note that these two schemes serve different purposes, and the best choice depends on your financial goals, risk tolerance, and tax considerations. While mutual funds may offer higher returns, the NPS Vatsalya scheme features lower costs.