How to choose right children’s mutual fund: Flexi Capital’s Nasser Salim explains

With Children’s Day approaching, financial experts are advising parents to plan early for their children’s education expenses.

Nasser Salim, Managing Director of Flexi Capital, spoke to CNBC-TV18 about how goal-based mutual funds can help parents systematically build a corpus for long-term needs such as education or marriage.

He explained that these funds aim to balance growth with discipline while keeping pace with inflation and rising education costs, unlike traditional products focused mainly on stability and fixed returns.

Salim noted that children’s mutual funds typically have lock-in periods of five years or until the child turns 18.

Among the top-performing options, Salim highlighted SBI Magnum Children’s Benefit Fund, ICICI Prudential Child Care Fund, and HDFC Children’s Gift F