n NISM Certifications
NSM General NISM
Medium

Scenario: A client wants to save for children’s education starting in 10 years. What would be a suitable financial solution?

Practice question from B8-S3 Financial Planning — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Balanced or equity-oriented funds with systematic investment plans

    Correct answer

  2. B

    Pure debt instruments only

  3. C

    Investing lump sum in fixed deposits

  4. D

    No investment till child’s birth

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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