Aaj mere paas paisa hai, bangla hai, gaadi hai, naukar hai, bank balance hai, aur tumhare paas kya hai, kya hai tumhare paas?

Mere Paas Maa Hai!!!

Indeed, one of the most melodramatic dialogues from the movie ‘Deewar’, commonly used amongst siblings. And surely having a mother by your side, gives you that sense of pride..

Mother being the center of one’s life is often tested to prove her unconditional and undivided love among her children. She toils through her life to bring up her kids and provide them with the best possible things in the world. Mothers are our first teacher, guide, friend and support system.

You probably won’t be able to equally repay and buy her things for what she has done for you. No matter where you go, what you do…you cannot do enough to honour your mother.

But this should not stop you from acknowledging your mother. And if you missed out on gifting your mother something special this Mother’s Day, it’s not too late yet.

Here are 5 thoughtful gifts which you can give your mother…
 

1. Start a SIP
   
   SIP or Systematic Investment Plan in a mutual fund scheme can prove to be an effective medium to fulfill your mom’s dream of travelling to a particular destination by planning in advance. Maybe, she always wished to meet her childhood bestie or sister who now lives miles away. And you know making that dream possible will give her utmost joy which no other materialistic gift can. So, you can build her travel corpus slowly vide SIPs.
   
   Do you reminisce about visiting a post office or bank with your mother to deposit their savings every month into a recurring deposit (RD)?
   
   However, times have changed and we need to move ahead with it; so, explore investing via SIPs. This is a contemporary and effective mode of investing in mutual funds available at just one click.
   
   SIPs allow you to invest a certain sum of money regularly – say monthly or quarterly – instead at one go, allowing you to plan for many financial goals – providing a comfortable retirement for your parents being one of them.
   
   And who says you need to do something big. You can start with Rs 500 monthly SIP and gradually you can increase your SIP amount with Step-up SIP facility.
    
2. Buy a medical insurance
   
   A mother’s life revolves around her children and her family. Often, she ignores her own health while making things possible for everyone else.
   
   The threat of facing a major ailment is always present considering today's lifestyle which comprises of long working hours, stress, lack of physical exercises, skipping meals, junk food, alcohol, and smoking. This lifestyle is the primary reason that a critical illness cover is required today to take care of the rising healthcare cost.
   
   So, go ahead and buy a medical insurance for your mother and ensure she is adequately insured.
    
3. Teach her online banking
   
   Another way to make your mother independent is by introducing her to technology. Once she learns online banking she would not need to visit the bank branch every now and then just to check her account balance or other small things. With the mobile applications and E-wallets, everything is possible with just a smart phone. She can also start paying her utility bills online.
   
   In this way, she will experience the financial freedom.
    
4. Opt for a SWP
   
   Another smart way to provide for regular source of income to your mother is: Systematic Withdrawal Plan (SWP).
   
   Under SWP, you, the investor, are facilitated to withdraw a fixed sum of money from a mutual fund scheme regularly (say monthly, quarterly, half-yearly and annually) and hold the potential to clock returns on the remaining investments over a period of time. This facilitates you to take care of your parents needs to an extent during the golden years of their life.
    
5. Gift her an experience
   
   Last but not the least, gifting an experience over a materialistic gift is cherished over a long period of time. By experience, we mean gifting your mother a memory with you and her family she hasn’t had yet, such as a spa package, a dinner date, or a short course, a hobby class (singing, dancing, painting or anything that she enjoys), donate to a cause of her choice, and so on.
   
   This will give her the joy and hope to look forward to life during her golden years of life.
   
   The old-age is often co-related to as illnesses and dependency. But it’s often proved that when the elderly have a purpose in life, their reason to live more increases. They are happier and optimistic.
    

So, for the parents and especially mothers who have always unconditionally showered love on us by doing everything possible, a thoughtful gift is what she deserves. Gift her those things that will touch her heart, and just as her love is not bound by a special day, you can give her special presents anytime; but take steps in the direction today.

Cheers to all the Mothers out there! ☺

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