For a parent, including their child's future requirements, constituents and important and major part of financial planning. The right investment scheme can help secure money for the future big expenses in your children's life — education, healthcare, hobbies, marriage, and other aspirations.Here, the public provident fund is a good savings-cum-investment instrument to consider. Launched in 1986, PPF is a government-backed savings scheme with guaranteed tax-exemption on investment, the maturity amount, and t ...