We are sure you have dreams for your child. The best education - perhaps engineering, medicine, architecture or management. Well, it will cost more than carrots!

The expenditure for Engineering degrees is about Rs.5 lacs today, a B.Arch. Rs.4.5 lacs, for MBA Rs.6 lacs and medicine Rs.16 lacs. Of course, we are sure that you expect to save up. However, costs rise every day. Will what you have saved be adequate when the time comes?

Even if your investments grew at 10% every year, you would still have to save about Rs.45000 every year for at least 15 years just for the fees. Then add up other costs. And can your financial plan keep accruing funds steadily and uninterruptedly for your child through these fifteen long years?

The great news is that it can, with Kotak Headstart Child Plans, your child´s headstart is certain to be a reality.

Would you like an investment that gives you both insurance and good returns?
If yes, Kotak Headstart Child Plans are exactly the solution you are looking for.

The Kotak Headstart Child Plans are specially designed, cost effective unit-linked insurance plans (investment-cum-insurance) that are administered by professionals. They invest your money both in fast growing equity and also in slower-growing, low risk instruments such as bonds. An intelligently devised and unique Dynamic Floor Fund (DFF) splits your money between equity and bonds. Depending upon the conditions in the stock market, it automatically adjusts the fund allocation, thereby maximising wealth while minimising risk..

Benefits:

• You could choose one of two plans – maximising either insurance cover (Future Protect) or investment returns (Assure Wealth)
• Tax benefits under section 80C & 10(10D) of the Income Tax Act, 1961
• Joint insurance cover for both parents
• Save for two children with 1 plan
• Flexible withdrawals for enhanced liquidity

Note: In this policy, the investment risk is always borne by the policyholder.