New Delhi, Sept. 4 -- A Rs.10 lakh corpus today for a 5-year-old daughter can be of immense value if invested wisely for her future. All it requires is a proper understanding of the fundamentals of investing, the value of time and compounding, and clarity on long-term economic objectives for the girl child.

With about 13 to 15 years before she graduates, her parents have ample time to plan for her future studies and even for marriage. Still, this planning requires strategic thinking, professional guidance, and purposeful structure rather than parking funds in one instrument or the other.

This write-up discusses the views of prominent market participants and investment professionals to help parents better understand and plan for their da...