RS 1 CRORE FOR YOUR DAUGHTER; 21-YEAR INVESTMENT PLAN - HOW RS 1.5 LAKH EVERY YEAR CAN GROW MULTIFOLD | EXPLAINED

Planning for a daughters future is a responsibility and it usually comes down to choosing between playing it safe and getting good returns. Let us look at three options. Sukanya Samriddhi Yojana, Public Provident Fund and Systematic Investment Plans.

If you put aside Rs 1.5 lakh every year for 21 years the final amount can be very different.

• Sukanya Samriddhi Yojana will give you around Rs 71.82 lakh.
• Public Provident Fund will give you around Rs 72.91 lakh.
• Systematic Investment Plans will give you around Rs 1.37 crore.

This shows that investments linked to the market can give you better returns over time but they are also riskier compared to government-backed schemes.

What if you do not have a lot of money to invest?

Even if you invest an amount every year the difference in returns is still noticeable over time.

For example if you invest Rs 1000 every year you will get:

• Rs 47000 from Sukanya Samriddhi Yojana
• Rs 48600 from Public Provident Fund
• Rs 91500 from Systematic Investment Plans

If you invest Rs 5000 every year you will get:

• Rs 2.39 lakh from Sukanya Samriddhi Yojana
• Rs 2.43 lakh from Public Provident Fund
• Rs 4.58 lakh from Systematic Investment Plans

If you invest Rs 10000 every year you will get:

• Rs 4.78 lakh from Sukanya Samriddhi Yojana
• Rs 4.86 lakh from Public Provident Fund
• Rs 9.15 lakh from Systematic Investment Plans

If you invest Rs 25000 every year you will get:

• Rs 11.97 lakh from Sukanya Samriddhi Yojana
• Rs 12.15 lakh from Public Provident Fund
• Rs 22.88 lakh from Systematic Investment Plans

If you invest Rs 1 lakh every year you will get:

• Rs 47.88 lakh from Sukanya Samriddhi Yojana
• Rs 48.61 lakh from Public Provident Fund
• Rs 91.5 lakh from Systematic Investment Plans

If you invest Rs 1.25 lakh every year you will get:

• Rs 59.85 lakh from Sukanya Samriddhi Yojana
• Rs 60.76 lakh from Public Provident Fund
• Rs 1.14 crore from Systematic Investment Plans

This clearly shows that investments with returns can help you create wealth over time especially if you invest consistently.

Let us take a look at Sukanya Samriddhi Yojana:

• Sukanya Samriddhi Yojana is a choice for parents because it is safe and has tax benefits.
• The interest rate is around 8.2 per cent per annum.
• You can invest a minimum of Rs 250 and a maximum of Rs 1.5 lakh per year.
• The scheme matures after 21 years.
• You can deposit money for 15 years from the date you open the account.
• The investment qualifies for tax benefits under Section 80C. The interest earned is tax-free.
• A parent or guardian can open the account in the name of a girl child below 10 years.
• A family can open accounts for up to two daughters.
• The account is managed by the guardian until the girl turns 18.
• You can withdraw up to 50 per cent of the money for education after the girl turns 18.
• The account matures after 21 years or earlier if the girl gets married.

So what should investors choose: Safety or growth?

Government-backed schemes like Sukanya Samriddhi Yojana and Public Provident Fund offer returns but their growth potential is limited compared to market-linked options.

On the hand Systematic Investment Plans in mutual funds can give you much higher returns over time but they come with market risks.

The bottom line is that the choice of investment can make a difference, in creating wealth over time.

While traditional schemes ensure safety market-linked investments can give you returns if you are patient.

For parents planning for their daughters future the decision ultimately depends on their risk appetite, financial goals and investment discipline.

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2026-04-02T12:58:41Z