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An Investment Gift

A great-grandfather looks to make the youngest family member financially free

My great-grandson will be of one year soon. I want to invest Rs 1 lakh in his name. Tell me how to invest so that, after 20 years, he gets a substantial amount. It has to be risk-free. An instrument that can give guaranteed and good returns continuously for 20 years, that is also risk free, would be very hard to find. If you are willing to tolerate a little risk then you should c

This article was originally published on August 07, 2009.


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