New Delhi, April 13 -- Investing in Sukanya Samriddhi Yojana (SSY) is one of the ways to secure a girl child's future, without getting involved in financial risks. This initiative was launched by the government in 2015 to protect the future of the girl child, and for them to use the funds for their education and marriage.

Using this savings scheme, parents or legal guardian of the child can open an SSY account. Once the girl turns 18 years old, she can take control of the account by submitting a few documents

Sukanya Samriddhi Yojana is one of the most popular small savings investment schemes for securing the future of a girl child, especially because it has tax benefits and is backed by the government.

The minimum investment in this s...