Goal 11 · Family
Gifting & legacy
Give the gift of a SIP — a future, not just a present.
Diwali, a birthday, a wedding, a grandchild's arrival — the occasions for giving are many, and most gifts are forgotten within a year. A SIP in a child's or grandchild's name is different: it starts from ₹500 a month, it compounds for decades, and it teaches the habit that matters most. Legacy is the same idea at a larger scale — passing on wealth deliberately, with the paperwork done.
Why it needs its own plan
A wise grandfather's legacy
Traditional gifts and fixed deposits struggle to keep pace with inflation. A mutual fund SIP gifted to a loved one grows with the market over the long haul, can be paused or increased at will, and carries a lesson about patience. At the other end of life, a legacy plan — nominations, wills, a clear list of holdings — is the most considerate gift a family can receive.
The arithmetic, live
A SIP gifted at birth
A small monthly gift, left to compound until the child turns eighteen.
- What you put in · ₹4.3 lakh
- What compounding adds · ₹9.9 lakh
Illustration for education only. Every figure is an arithmetical working on the inputs above; assumed returns are not a forecast and no return is assured. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
What you can expect
A simple structure for gifting: a folio in the recipient's name with a guardian where needed, and a monthly SIP from ₹500
Tax-aware choices for larger gifts to children, grandchildren or parents
A legacy review: nominations updated on every folio, a consolidated record of holdings, and the conversation that makes a will straightforward
Support for charitable giving that is planned rather than reactive
Who this is for
Parents and grandparents who want a gift that lasts
Families planning to transfer wealth across generations
Anyone who wants their giving to be structured and tax-aware
How we approach it
4 steps, in order.
Choose the recipient and the horizon
A minor's folio for a grandchild, a joint plan for a couple, a lump sum for a parent — each has its own paperwork.
Start small, stay regular
SIPs from ₹500 a month; increase on each occasion instead of buying something new.
Keep it tax-aware
Gifts to specified relatives are exempt in the recipient's hands; income clubbing rules apply for minors. We flag what applies.
Put the legacy in order
Nominations on every investment, a single record of holdings, and a will — reviewed every few years.
Questions we help you answer
The questions clients actually ask.
Usually draws on
Yes. A minor's folio is opened with a parent or guardian, and the SIP runs from the guardian's bank account until the child turns eighteen.
Gifts from specified relatives are not taxed in the recipient's hands, but income from a minor's investment is clubbed with a parent's until majority. We help you plan around this; please confirm your position with your chartered accountant.
A SIP suits an ongoing gift and averages the purchase price; a lump sum suits an occasion. Many families do both.
Nominations, joint holdings, a consolidated list of all investments and where the documents are, and whether a will exists and is current.
Yes. Planned, regular giving can be structured just like any other goal, with the tax treatment of the recipient organisation taken into account.
Want to give something that lasts?
Let's set up a gift that grows — and a legacy that is in order.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Sanriya Finvest Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-193359); the guidance on this page is incidental to our mutual fund distribution services and is not a recommendation to buy or sell any scheme.