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- Subscribe now As education costs rise faster than inflation, many parents are starting to plan early for their children’s higher studies.
- Kolkata-based Akash Samanta, 38, and Meghna Basu, 36, a homemaker, have not specifically planned for their five-year-old son Aihik’s education, but they invest monthly in a public provident fund (PPF) account.
- In addition, his grandfather has invested in a children’s mutual fund that can only be redeemed when Aihik turns 18.
