New Delhi, May 30 -- If you are a parent looking to give your child a head start in their financial journey, having a well-defined investment plan and choosing suitable savings options can be crucial. Starting early provides a longer investment horizon, allowing savings and investments more time to grow and compound over the years.

Several government-backed investment schemes are available for parents looking to build a corpus for their children. These options are designed to support long-term financial planning with assured and safe returns. Additionally, some schemes may also come with tax benefits. Here are four investment options that parents can consider for their minor child.

The National Savings Certificate (NSC) remains a premie...