Suggestion to invest money for new born baby

I am looking for some good investment option for my new baby . Can someone suggest some options which are good in returns and have less tax liability 

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Quick Summary
This discussion explores investment options for a newborn baby, focusing on strategies that offer good returns while minimising tax liabilities. Suggestions include hybrid mutual funds, with a specific query about alternative government schemes that could also be beneficial for long-term savings.

You can invest in Mutual Funds Hybrid schemes

Thank you Sir. Apart from SIP/mutual fund any other govt scheme which you recommend 

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