New Delhi, May 23 -- I asked ChatGPT how to build Rs.1 crore for my child by age 18 - Here's the investment roadmap

I asked ChatGPT, how should parents invest for their child from birth so that he or she accumulates a Rs.1 crore corpus by age 18? Explore SIPs, compounding, asset allocation, and long-term wealth strategies.

If parents want to build a Rs.1 crore corpus for their child by the time he or she turns 18, the biggest advantage they have is time. Starting from birth allows compounding to work for nearly two decades, reducing the monthly investment burden significantly compared to starting later.

Assuming an average annual return of 12% through equity mutual funds, parents would need to invest roughly Rs.8,000- Rs.10,000 per mon...