31 July,2026 10:37 AM IST | Mumbai | Hemal Ashar
Grandmother Preeti says Ansh is her grandson-shine boy. Pics/Satej Shinde
Ansh Singh Manchanda, 10 years-old, talks investments, savings and mutual funds with wisdom and understanding that belies those incredibly young years.
The Kandivali kid is also keenly watching the stock markets which are turbulent reacting to the geopolitical turmoil, with a cautious, studied eye. Ansh started learning the importance of saving and investing money at the age of three. Maternal grandmother Preeti Motwani said with a smile, "Ansh started like most kids do, saving money in his piggy bank. Even at three, he was so conscious, that he would assiduously save any money he got" Ansh's mother Sanam Manchanda explained, "My son saved around Rs 23,000 from his âbirthday money' and the money he got on Diwali and other festivals, the money we gave him every time he did well at school and for completing his chores and of course the money he got from his doting grandparents!"
Two years on, from piggy bank to real banks, Ansh took the big leap into investments. The Chatrabhuj Narsee School student's first investment was a silver bar that he bought on Dhanteras Day when he was five- years-old. His family said, "The jeweller was so impressed when he opened Ansh's piggy banks filled with coins and notes," as Ansh piped in, "I remember he gave me a discount!" Sanam added, "By the time he was seven, he had already âinvested' in multiple silver coins from his savings."
From silver Ansh wanted to prove his financial mettle (or should that read metal?) and went for gold. His grandmother Preeti stated, "The next milestone was to buy gold. The rate of gold Rs 98,000 for 10 gm two years ago, was daunting for a child. Ansh bought his first 1 gm gold coin paying for it with his own debit card as his mother had opened an account for him and started teaching him about banking."
Ansh now confident enough to flex his financial muscle said, "I wanted to learn more options to save money. I started getting interested in Mutual Funds, after all gold and silver were done and I wanted to have even more fun(d)" laughed Ansh.
Preeti stepped in and said, " I took Ansh to meet Financial Coach, Rajashree Parab, at an investing firm in Mumbai. The next step was to get him a PAN Card which took around a month to come. Ansh added, "I gave a cheque of '25,000 to invest in Mutual Funds. Yes, I do know that these are subject to market risks," he added as post script.
Today Ansh is the youngest investor client at a firm called the Happyness Factory. Ansh's family said, "We believe it is important for children to learn financial responsibility and how to save and respect money.
We will let Ansh have the last words. The little Warren Buffet said philosophically, "Plant a tree, enjoy the shade tomorrow. Invest today, enjoy the rewards tomorrow."
That is called some Ansh-akable logic.
