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Earlier we talked about what are the top 10 best investment options in India. In this article, let's look into what is cookie jar method of investing is. There are many rules of investing that help investors make good money. The cookie jar investing method allows you to pour your savings and investments into different areas (called jars) for specific purposes. The technique aims at allocating money purpose-wise for disciplined and continuous investment.   The multiple buckets of investments are earmarked for different purposes. You can consider it to be just like a child saving pennies in jars to buy their favourite toys.  What is the logic behind the cookie jar method of investing?  The Mental Accounting method’s logic is applicable here this enables you to mentally allocate and distribute your savings into different buckets and invest accordingly. This way your expenses can also be managed efficiently as you do not spend for one goal out of the savings you collected for another goal. When you have varied goals in life, you need to prepare for those goals in different ways with special efforts towards achieving those goals. Once these steps are taken, everything gets very simplified.  Once the goals are specified, the next step is to find which investing instruments will be favorable and for which purpose.   This needs careful consideration because the kind of instruments you invest in will determine how much returns will be generated in the future. This separation of funds for investing towards specific purposes is termed bucketing.   Once your investments are aligned with your goals, you will be able to get good returns.  Example to understand the cookie jar method of investing Consider that you have these three goals  First, to buy a costly smartphone this year Second, to buy a car worth 4 lakhs in the next five years  Third, to pay for your child’s education after 15 years Since it is a concise term for your first goal, you can save some cash from your salary and buy the smartphone soon. To buy a car, you need to put the required monthly investment amount into a semi-liquid type of fund, like debt funds or even ETFs with stable returns. This will help you save enough money to buy your car after five years.   Finally, the last goal, funding your child’s education after 15 years, is a mammoth task because it actually is a more costly affair than you first imagine it to be. So you must plan this investment with utmost care and invest early and in instruments that serve this purpose well. How to use the cookie jar method for investing? Similar to how budgeting works, for saving too, you should ideally create jars for separate objectives. For example - Emergency Fund, Wedding Fund, Children's Education Fund, Retirement Fund, etc. 1. Emergency fund It is meant for any unforeseen situation that may arise. The Thumb rule says it is good to have three months of expenses as an emergency fund for your rainy days. This money should be in liquid or fixed deposits and safe from volatility. 2. Retirement fund Plan for your retirement when you start earning. You will thank us later. If you start at 25 and assume you have 35 years ahead of you to work before retiring, a small monthly contribution can help you save big. But if you start late, the monthly contribution for the same amount will be exorbitantly high. Goal10 Cr10 CrTenure35 yrs20 yrsSIP/monthRs 6,750Rs 67,500Returns15%15% Similarly, it would help if you planned for other goals such as a car, house, child's education, child's marriage, holiday, etc. These can become your separate jar and would be dedicated to that specific goal. FAQs What is the cookie jar approach to investing? The cookie jar investing method allows you to pour your savings and investments into different areas (called jars) for specific purposes. How do you use cookie jars? Consider you have a goal of buying a car in the next 5 years. To buy a car, you need to put the required monthly investment amount into a semi-liquid type of fund, like debt funds or even ETFs with stable returns. This will help you save enough money to buy your car after five years.  This approach to investing is called cookie jars when you see each goal differently. What is the logic behind the cookie jar method of investing?  The Mental Accounting method’s logic is applicable here this enables you to mentally allocate and distribute your savings into different buckets and invest accordingly. This way your expenses can also be managed efficiently as you do not spend for one goal out of the savings you collected for another goal. What financial goals can you use the cookie jar investing approach? You can use it for long-term and short-term goals. Whether it's buying a car or financing your child's education, you can have a separate jar and investing approach based on how much you need, when you need it, and your risk profile. Need help planning and saving towards your child's education? Consult an expert advisor to get the right plan TALK TO AN EXPERT

Expensive Schools in Ahmedabad Ahmedabad, a thriving metropolis in Gujarat, is renowned for its outstanding educational system in addition to its rich cultural legacy and dynamic customs. Several schools in Ahmedabad cater to various educational boards and beliefs. With an emphasis on institutions with ties to the CBSE and ICSE, we shall examine the top 25 schools in Ahmedabad in this article. Don’t forget to have a look at the FAQs in the end. Start Investing in Mutual Funds Ahmedabad is home to a wide variety of schools, each of which provides an exceptional educational opportunity. The schools in the city are renowned for their dedication to academic quality, all-around development, and cutting-edge facilities. Let's look at the: Top 10 CBSE Schools in Ahmedabad Here are the Top 10 CBSE schools that every parent wants their children to be in:  1. Delhi Public School, Bopal: A CBSE-affiliated school, is famous for its demanding academic program and top-notch amenities. It constantly holds a top spot among Ahmedabad's CBSE schools. Quarterly Fee: INR 80,450 (Pre-primary) to 93,760 (12th Science students) 2. Maharaja Agrasen Vidyalaya: Maharaja Agrasen Vidyalaya is a prestigious institution with a focus on values-based education and a solid academic foundation. It has a history of turning out successful people. Annual Fee: INR 33,000 to INR 54,000 (fee varies based on grade) Save for Child Education with EduFund 3. Shanti Asiatic School: The school emphasizes inclusion and diversity while providing a comprehensive approach to education. For students, it offers a rich learning environment. Annual Fee: INR 1,20,000 to INR 2,40,000 4. Zydus School for Excellence: With cutting-edge facilities and a committed faculty, Zydus School for Excellence has made a name for itself as one of Ahmedabad's finest CBSE schools. Annual Fee: INR 1,20,000 to INR 2,00,000. Expensive Schools in Bangalore Read More 5. Anand Niketan School: To guarantee total growth, Anand Niketan School places a strong emphasis on academic performance. Annual Fee: INR 1,20,000 to INR 2,20,000. 6. Udgam School for Children: Udgam School is dedicated to encouraging creativity and critical thinking in its pupils and follows the CBSE curriculum. Annual Fee: INR 1,00,000 to INR 2,00,000. Invest in the US Market 7. Global Indian International School: The Global Indian International School is a CBSE-affiliated international school that emphasizes cultural diversity and gives a global perspective on education. Annual Fee: INR 50,000 to INR 1,00,000. (Contains only the admission fee) 8. EuroSchool: EuroSchool Ahmedabad is dedicated to fostering independent thinkers and problem solvers by using a cutting-edge educational methodology. Annual Fee: Varies Apply for Education Loans 9. Aavishkar International School: Students are encouraged to pursue their interests in a learning atmosphere that is focused on them. Annual Fee: Varies 10. St. Kabir Indian International School: St. Kabir School offers a well-rounded education by fusing Indian principles with exposure to other cultures.  Annual Fee: INR 1,50,000 to INR 2,50,000 Expensive Schools in Delhi Read More Top 10 ICSE Schools in Ahmedabad Here are the Top 10 ICSE Schools take will make your children come out with flying colors. 1. The Riverside School: The Riverside School is a leader in ICSE education in Ahmedabad and is renowned for its cutting-edge teaching strategies and emphasis on experiential learning. Annual Fee: INR 2,50,000 to INR 4,50,000. 2. GEMS Genesis International School (GGIS): The goal of GEMS Genesis International School (GGIS) is to create well-rounded individuals who are capable of thriving in a globalized society. Annual Fee: 2,00,000 to INR 4,00,000 (For middle school) Download App and Start Investing in Child's Future 3. Fountainhead School: Fountainhead School provides a vibrant curriculum that encourages pupils to think critically and upholds the notion of fostering lifelong learners. Annual Fee: Varies 4. Zydus School for Excellence (ISCE): Offering both the ICSE curriculum and a CBSE component, Zydus School for Excellence gives parents an option. Annual Fee: INR 1,20,000 to INR 2,00,000. Calculate SIP Returns 5. Rachna School - Rachna School is renowned for its solid academic foundation and a culture that values uniqueness and innovation. Annual Fee: INR 60,000 to INR 1,20,000. 6. Sheth C. N. English Medium School: Sheth C. N. School is a well-known institution for its commitment to both academic success and the growth of moral character. Annual Fee: INR 1,00,000 to INR 2,00,000. Expensive Schools in Hyderabad Read More 7. St. Xavier's High School: St. Xavier's High School emphasizes holistic development while adhering to the ICSE curriculum to ensure pupils are ready for life after graduation. Annual Fee: Varies 8. Divine Child International School- Divine Child International School provides kids with a loving atmosphere that encourages academic performance and personal development. Annual Fee: Varies 9. St. Kabir School (ISCE): St. Kabir School offers instruction for the ICSE board in addition to its CBSE part, providing parents with extra choices. Annual Fee: INR 1,50,000 to INR 2,50,000. 10. Zydus School for Excellence (ISCE): Zydus School for Excellence (ISCE) is one of Ahmedabad's most flexible schools since it provides both the CBSE and ICSE curriculum. Annual Fee: INR 1,20,000 to INR 2,00,000. Government Schools in Ahmedabad With schools coming with a price tag, who would not want their children admitted to a budget-friendly yet prestigious school? Let’s have a look at the top Government Schools in Ahmedabad: 1. Kendriya Vidyalaya, Vastrapur: Kendriya Vidhyalaya, which was founded in the year 1980, is situated in the Vastrapur neighborhood of Ahmedabad's City block. High secondary education is offered at the school, which the federal government runs. It is a Co-Ed English medium school. 2. Government High Secondary School Juhapura Founded in 2011, it is situated in a rural region of the Gyaspur neighborhood of Ahmedabad's City block. The Department of Education oversees the school, which offers secondary and high school education to students in grades nine through twelve. Gujarati is used as the primary language of instruction, and the institution is co-ed. Both the secondary and high secondary levels of the school are associated with the State Board. 3. Municipal School No. 1 (MS1): Municipal School No. 1 is known for its affordability, and in many cases, it offers education at minimal or no cost. The school aims to make education accessible to students from all socio-economic backgrounds. 4. Gujarat Vidyapith: The fees at Gujarat Vidyapith vary depending on the course and level of education. Undergraduate and postgraduate courses often have reasonable fees, making them an attractive option for higher education. https://www.youtube.com/watch?v=O9P78xefVvQ&t=16s FAQs Which school in Ahmedabad is the most expensive? International schools or those that provide the International Baccalaureate(IB) program are often the costliest institutions in Ahmedabad Are the schools in Ahmedabad good for education? Ahmedabad is a desirable location for great education because of its strong educational infrastructure and combination of good private and public institutions Is Ahmedabad expensive for students? The price of schooling varies per school in Ahmedabad. Government schools are among the cheaper alternatives, even if some institutions are pricey.

Singapore, a vibrant nation known for its academic excellence and multicultural environment, offers a unique and compelling destination for Indian students seeking a boarding school education. Renowned for its world-class facilities, innovative teaching methods, and diverse student bodies, Singaporean boarding schools equip students with the knowledge, skills, and global perspective needed to excel in the 21st century. Join our robust WhatsApp Community that helps parents invest! List of Top Boarding Schools in Singapore for International Students Global Indian International School (Singapore) (GIIS):This co-educational school offers a CBSE curriculum alongside various international curricula options. It provides a familiar academic environment while fostering an international perspective. (Estimated tuition fees per term: $4,500 - 9,000 SGD) United World College of South East Asia (UWCSEA) (Dover Campus):This co-educational school offers the IB diploma program and fosters a strong sense of global citizenship. It boasts a diverse student body and encourages intercultural understanding. (Estimated annual fees: $50,000 SGD) St. Joseph's Institution International School (Singapore):This co-educational school offers a unique blend of academic rigour and holistic development. It emphasizes bilingualism (English and Mandarin) and provides a strong foundation for university success. (Estimated annual fees: $45,000 SGD) What to Consider Before Applying to Top Boarding Schools in Singapore Before embarking on this exciting adventure, several crucial aspects deserve careful consideration. The academic requirements vary between schools. Some offer curricula aligned with the Indian education system (e.g., CBSE), while others follow international programs like the International Baccalaureate (IB) or the GCE A-Levels. Researching these requirements and ensuring strong academic performance is paramount. Cost is another significant factor. While generally less expensive than boarding schools in Western countries, Singaporean boarding schools require a significant investment. Explore scholarship options offered by schools, the Singaporean government, or private organizations to potentially lessen the financial burden. Obtaining a student visa is vital for international students. Familiarize yourself with the application process and required documentation well in advance to avoid delays. Adapting to a new cultural environment can be an enriching experience. Singapore boasts a blend of Asian and Western influences. Researching Singaporean customs and embracing the experience with an open mind will help ease the transition. Remember, many schools offer support services and resources to help international students adjust smoothly. Conclusion A Singaporean boarding school education can be a transformative experience, equipping students with academic excellence, cultural fluency, and lifelong friendships in a dynamic Asian environment. With careful planning, research, and an open mind, Indian students can embark on a journey of intellectual and personal growth, propelling them towards success in a globalized world. Remember, this blog serves as a starting point. Contact the schools directly and conduct thorough research to make the best decision for your unique educational aspirations. Start Investing

The Union Minister of Finance, Nirmala Sitaraman, presented the interim budget for the F.Y. 2024-25 on 1st Feb. 2024. As expected, the budget did not bring any surprising element as it was an interim budget and a full-fledged budget will be presented after the general elections in July 2024. The following are some of the key highlights from the budget speech and The Finance Bill, 2024.  Key Points Vikasit Bharat by 2047.  Infrastructure Spend – Estimated Capex of Rs. 11.11 Lakh Crores in F.Y. 2024-25 – Highest ever Capex with an increase of 11.1% from F.Y. 2023-24.  A one lakh crore rupees corpus is to be established for today's tech-savvy youth, with a fifty-year interest-free loan to boost private sector research and innovation in emerging fields through long-term financing with low-interest rates.  All ASHA, Anganwadi workers and helpers will be covered under the Health Cover under the Ayushman Bharat Scheme.  Government to encourage Cervical Cancer Vaccination for girls (9-14 years).  The deadline for certain tax benefits for startups and sovereign wealth funds/pension funds extended to 31.03.2025 from 31.03.2024.  Proposed changes in TCS on Foreign Remittances:  No TCS if remittance is up to Rs. 7 lakhs, irrespective of the purpose of the remittance (currently, it is only for education or medical expenses).  TCS at 5% of the amount in excess of Rs. 7 lakhs if the remittance exceeds Rs. 7 Lakhs and is for education and medical treatment.  TCS at 20% of the amount in excess of Rs. 7 lakhs if the amount exceeds Rs. 7 Lakhs and is for other than education and medical treatment.  Key Numbers  Particulars Revised Estimates for F.Y. 2023-24 Estimates for F.Y. 2024-25 Total Receipts Excl. Borrowings Rs. 27.56 Lakh Crores Rs. 30.80 Lakh Crores Tax Receipts Rs. 23.24 Lakh Crores Rs. 26.02 Lakh Crores Total Expenditure Rs. 44.09 Lakh Crores Rs. 47.66 Lakh Crores Fiscal Deficit (% of GDP) 5.80% 5.10% Gross Borrowing through Dated Securities  Rs. 14.13 Lakh Crores Net Borrowing through Dated Securities  Rs. 11.75 Lakh Crores  Target to reduce Fiscal Deficit below 4.5% by F.Y. 2026.  There are no changes in taxation with the same tax rates for both direct and indirect taxes, including import duties.  Thanks for reading!  If you have any queries, feel free to write to us at research@edufund.in. 

As the country gears up for General Elections this summer, all eyes are on the upcoming Union Budget scheduled for February 1, 2024, at 11:00 am. This year's budget labelled as 'Interim Budget,' is a short-term financial plan for the outgoing government to manage finances until the new government takes charge. Unlike regular budgets, an Interim Budget doesn't include the presentation of the Economic Survey, a detailed analysis of the country's economic performance. Generally, the outgoing government refrains from making major announcements in an Interim Budget to avoid significant influence on voters before the elections. However, there have been instances where outgoing finance ministers strategically shaped budgetary measures to leave an impact. In 2014, P Chidambaram of UPA II adjusted expenses to the following year to present a better Fiscal Deficit for FY14, facing criticism for reducing capital expenditure without addressing subsidies. Also, In 2019, Piyush Goyal of the NDA government introduced tax relief for small taxpayers and launched the PM-KISAN scheme, providing Rs. 6,000 per annum support to small farmers. What to Expect? As the BJP government is looking to return to power, some of our expectations for this Interim Budget include: Targeting a Fiscal Deficit for FY25 in the range of 5-5.5% of GDP lower by 30-40 bps from the targeted ~5.8% of FY24. Medium term target of 4.5% by FY26. Targeting a nominal GDP growth between 11%-11.5% for FY25, surpassing the ~9% number for FY24 Continued focus on capital expenditure and infrastructure spending Prioritizing the strengthening of the agriculture and manufacturing sectors. Potential adjustments in standard deduction and tax slabs for individuals to help boost disposable income Reducing the arbitrage between equity and debt investments to make debt attractive. Currently, equities are taxed at 10%/15% for Long/Short-term Gains, while income from debt instruments faces slab rate taxation. This leads to a sub-optimal return post-tax. Thereby, the debt market remains under-penetrated. In summary, an Interim Budget is not a major event that significantly impacts investments. However, there remains a slight hope for positive developments after the budget announcement. Watch out this space for our update on February 1, 2024, when the Finance Minister unveils what’s in store for the people of the Republic of India. Note: The opinions presented reflect the beliefs of the author and the team of analysts. They should not be regarded as recommendations. Investing carries inherent market risks, and it is advisable to carefully read the offer documents before making any investment decisions. Invest for your child's education!

HDFC Asset Management Company Ltd. (HDFC AMC) is one of India's largest mutual fund companies. It is among one of the most profitable asset management companies (AMC) in the country. The company manages assets of over Rs. 5.5 Lakh crores (excluding domestic fund of funds) as of 31st December 2023. Let us talk about the consumer product – HDFC Infrastructure Fund.  About HDFC Infrastructure Fund Investment Objective: The scheme aims to invest predominantly in a diversified portfolio of equity and equity-related securities of companies that are either engaged in or expected to benefit from the growth and development of infrastructure.  Must Read: Top Mutual Funds for your child's education in 2024! Investment Process  The portfolio mainly invests in the following segments:  Asset Financiers – Banks and infrastructure financing companies.  Asset Creators – Engineering and construction companies.  Asset Owners/Developers – Companies that own infrastructure projects.  The scheme may invest up to 20% of the funds in non-infrastructure-related companies. Also, there is no bias related to the market cap of the companies, and the scheme shall invest across all market capitalization.  Portfolio Composition  The fund holds 92.11% equity, 3.06% real estate, and 4.83% in Cash and cash equivalents. The top five sectors hold more than 77% of the equity portfolio.  Note: Data as of 31st December. 2023Source: Value Research                                                          Top 5 Holdings for Infrastructure Fund  Name Sector Weightage % J Kumar Infraprojects Construction 7.11 Coal India Materials 6.21 ICICI Bank Financial 6.20 Larsen & Toubro Construction 5.64 Premier Explosives Capital Goods 5.03 Note: Data as of 31st December. 2023. Source: Value Research  Past Performance  If one had invested Rs. 10,000 at the fund's inception, it would now be valued at Rs. 37,776.  Fund name 1Y 3Y 5Y 10 Y Since Inception HDFC Infrastructure Fund (%) 55.42 38.54 18.86 14.90 8.77 Benchmark Returns (%) 61.08 41.24 22.65 16.09 9.12 Additional Benchmark Returns (%) 21.30 17.24 16.25 14.56 11.34 Note: Data as of 31st December. 2023 and the performance is of regular plan.Benchmark - S&P BSE India Infrastructure Index (TRI), Additional Benchmark - NIFTY 50 (Total Returns Index)  Source: HDFC Mutual Fund  Fund Managers for HDFC Infrastructure Fund  Currently, the HDFC Infrastructure Fund is managed by the following fund managers.  Mr. Srinivasan Ramamurthy is a Fund Manager – Equity and has collectively over 15 years of experience in equity research and fund management.  Mr Dhruv Muchhal is a Senior Equity Analyst and Fund Manager for Overseas Investments  Explore More: HDFC Hybrid Equity Fund Who Should Invest in HDFC Infrastructure Fund?  This product is suitable for investors who are seeking.  To generate long-term capital appreciation/income  Investment predominantly in equity and equity-related securities of companies engaged in or expected to benefit from the growth and development of infrastructure.  Why Invest in this Fund?  As Infrastructure plays a critical role in India’s self-reliance and economic prosperity, receiving significant focus from the government an investor gets an opportunity to invest in India’s infrastructure space through asset developers, asset owners, and asset financiers.   Investors can benefit from the growth and development of infrastructure due to increased budgetary capital spending and favourable policies.  The HDFC Infrastructure Fund has been in existence for the last 15 years. It provides an opportunity to invest in India’s infrastructure. The fund has consistently underperformed its benchmark. However, keeping in mind the government's focus on infrastructure and capex requirements in India for the economy's growth, the sector can show good performance in the upcoming future and can benefit the companies engaged in the sector. Hence, investors need to remain invested long-term to witness capital appreciation and outperformance with an understanding of high risk.  Disclaimer: This is not recommendation advice. All information in this blog is for educational purposes only.  Invest Now

Day schools are extremely popular in India. There are more than 14 lakh schools in India, and a majority offer day schooling to its students. It is a practical choice for many families. These schools offer a unique blend of academic excellence, social development, and convenience. Some of the benefits of day schools that attract families are the perfect blend of school time and family time. Best Day Schools in India Here ar the best day schools in India to choose from for your child's education! The Asian School, Dehradun St. Xavier's Collegiate School, Kolkata Delhi Public School, RK Puram Modern School, Barakhamba Road, Delhi Dhirubhai Ambani School, Mumbai La Martiniere For Girls School, Kolkata Greenwood International High School, Bangalore Emerald Heights International School, Indore DAV Public School, Vasant Kunj, Delhi Benefits of Day School 1. Enhanced Academic Opportunities One of the primary advantages of day schools lies in their commitment to academic excellence. With smaller class sizes and a focused learning environment, day schools provide students with personalized attention and tailored instruction. This individualized approach allows educators to identify each student's strengths and weaknesses, adjusting their teaching methods accordingly. Students benefit from a more engaging and interactive learning experience, as teachers can devote more time to addressing their specific needs. Moreover, day schools often boast cutting-edge facilities and resources that facilitate hands-on learning, further enhancing students' academic growth and success. 2. Holistic Development Beyond academic pursuits, day schools prioritize holistic development, recognizing the importance of nurturing students' social, emotional, and physical well-being. These schools understand that education extends beyond textbooks, and they aim to shape well-rounded individuals equipped with essential life skills. Through a diverse range of extracurricular activities, clubs, and sports programs, day schools offer students ample opportunities to explore their interests and discover new passions. Whether it's joining a debate team, participating in art classes, or playing a sport, these activities not only foster teamwork, leadership, and critical thinking skills, but also promote self-confidence and character development. The balanced approach of day schools ensures that students grow into individuals who are not only academically proficient but also socially adept and emotionally resilient. Benefits of Boarding Schools Read More 3. Strong Community and Networking Day schools foster a strong sense of community, creating a supportive environment where students, parents, and educators collaborate closely. This sense of belonging is invaluable in building enduring relationships and creating a network that can prove beneficial in the future. The close-knit community in day schools encourages interaction and communication among students, fostering friendships and support systems that can last a lifetime. Additionally, day schools often encourage parental involvement, allowing parents to actively participate in their child's education. This collaboration enhances communication between parents and educators, ensuring that students receive the necessary support both at home and in school. By working together, parents and educators can create a nurturing environment that maximizes students' potential and fosters their overall well-being. 4. Convenient Accessibility and Family Life Balance Unlike boarding schools, day schools provide students with the advantage of living at home and enjoying the warmth and support of their families. This proximity eliminates the challenges associated with homesickness, allowing students to focus on their studies and extracurricular pursuits without distraction. Moreover, day schools offer a unique opportunity for students to cultivate healthy relationships with their family members, promoting a strong family bond. The ability to commute to school also allows students to participate in after-school activities while still maintaining a healthy work-life balance. Furthermore, day schools provide a better work-life balance for parents, as they can easily engage in their child's activities and support their educational journey without the logistical challenges that boarding schools present. Laadli Laxmi Yojna Read More 5. Cultural and Socioeconomic Diversity Day schools are known for attracting a diverse student body, creating a rich tapestry of cultures, perspectives, and experiences. This diversity fosters a global outlook, exposing students to different worldviews and nurturing their understanding and appreciation of various cultures. The multicultural environment in day schools promotes inclusivity, empathy, and open-mindedness, preparing students for a globalized society and equipping them with valuable skills in navigating an interconnected world. Through interaction with peers from diverse backgrounds, students gain a broader perspective and develop a sense of tolerance and respect for others. This exposure to diversity also prepares them for future collaborations in a professional setting, as they learn to value and leverage different perspectives. 6. Seamless Transition to College and Beyond The transition from high school to college can be a daunting experience for many students. However, day schools often have dedicated college counseling services that provide guidance and support throughout the college application process. Educators in day schools have a deep understanding of their student's strengths and interests, enabling them to offer personalized advice and recommendations when it comes to college and career choices. From assisting with college essays and standardized test preparation to organizing college visits and interviews, these services ensure that students are well-prepared for the next phase of their educational journey. The seamless transition facilitated by day schools empowers students to make informed decisions about their academic and professional futures, setting them on the path to success. Day schools are the most popular choice for families seeking a comprehensive and well-rounded education for their children. From enhanced academic opportunities and holistic development to strong community ties and diverse experiences, day schools offer a plethora of advantages that shape students into well-prepared individuals. Consult an expert advisor

There are more than 5000 boarding schools in India alone that Indian parents can consider. Boarding schools are residential schools where students live and study. They have access to numerous extracurriculars, sports, and a sense of independence when it comes to structure and routine. Some of the biggest benefits of boarding schools are the independence it offers to students, the stability, and a peer community.  Benefits of Day Schooling! Best Boarding Schools in India Here is a list of boarding schools across India that are ranked amongst the best schools for your child's higher education! The Doon School, Dehradun Welham Girls' School, Dehradun Mayo College, Ajmer Woodstock School, Landour Bishop Cotton School, Shimla Rishi Valley School, AP Convent of Jesus and Mary Ecole Globale International Girls' School, Dehradun The Lawrence School, Sanawar The cost of attendance for boarding schools is higher than for day schools. It usually starts from annual fees of 2,00,000 and above based on the competition, popularity and facilities of the school. 1. Holistic Educational Experience Boarding schools cultivate an environment where education permeates every aspect of a student's life. Unlike traditional day schools, where education ends with the ringing of the final bell, boarding schools provide an immersive experience that goes beyond mere classroom instruction. Students have access to dedicated faculty members who provide round-the-clock academic support, enabling them to delve deeper into subjects and explore intellectual pursuits beyond the confines of regular school hours. This holistic approach to education nurtures a genuine love for learning, encouraging students to become lifelong learners and develop critical thinking skills that extend far beyond their academic endeavors. 2. A Vibrant Community One of the most enchanting aspects of boarding schools is the sense of community they foster. Living and learning alongside peers from diverse backgrounds and cultures creates a dynamic and vibrant atmosphere. The close-knit community encourages collaboration, friendship, and the development of lifelong connections. Students learn invaluable social skills, adaptability, and independence as they navigate the challenges and rewards of communal living. This experience prepares them for the realities of the world beyond school, where they will encounter people from various walks of life. Boarding schools instill tolerance, empathy, and a global perspective, fostering a sense of unity and understanding that transcends boundaries. https://www.youtube.com/watch?v=VJ0F69KTZgs 3. Individualized Attention and support Boarding schools typically maintain a low student-to-teacher ratio, enabling educators to provide personalized attention and support. This tailored approach to education ensures that each student's unique needs, strengths, and weaknesses are recognized and addressed. With smaller class sizes, teachers can engage in meaningful one-on-one interactions, fostering a supportive and nurturing environment that encourages students to unlock their full potential. Whether a student requires extra help in a particular subject or seeks advanced challenges to fuel their intellectual curiosity, boarding schools are equipped to provide the necessary resources and guidance. Individualized attention empowers students to flourish academically and personally, instilling confidence and a sense of self-worth. Expensive Schools in India for Child Education Read More 4. Enhanced Extracurricular Opportunities Beyond academics, boarding schools offer a plethora of extracurricular activities that allow students to explore their passions and develop a well-rounded skill set. Whether it be sports, arts, music, drama, or community service, boarding schools provide ample opportunities for students to excel and discover their hidden talents. These activities not only enhance the educational experience but also contribute to personal growth and character development. Engaging in extracurricular pursuits helps students cultivate discipline, perseverance, teamwork, leadership, and resilience. By encouraging students to explore diverse interests and talents, boarding schools create an environment where holistic development is prioritized. https://www.youtube.com/watch?v=nmI8sKNAxlU 5. Preparation for College and Beyond Boarding schools place a strong emphasis on college preparedness, equipping students with the skills and knowledge necessary for success in higher education and beyond. With access to comprehensive college counseling, standardized test preparation, and guidance in the college application process, boarding school students are well-positioned to navigate the competitive landscape of college admissions. Moreover, the independence, time-management skills, and self-discipline acquired in boarding schools prepare students for the rigors of university life. By fostering an environment that values academic excellence, personal growth, and self-reflection, boarding schools empower students to embrace future challenges with confidence and resilience. 6. Character Development Boarding schools are renowned for their focus on character development and instilling strong values in students. Alongside academic achievement, character traits such as integrity, resilience, compassion, and responsibility are emphasized. Through a structured and disciplined environment, students learn the importance of self-discipline, accountability, and ethical behavior. Boarding schools provide a supportive community that encourages students to develop a strong sense of self-awareness, fostering personal growth and character building. These qualities not only contribute to individual well-being but also lay the foundation for future success in both personal and professional spheres. Top 5 Film Schools in India & World Read More 7. Global Outlook and Cultural Immersion Boarding schools attract students from different corners of the globe, creating a diverse and multicultural atmosphere. The exposure to various cultures, languages, and perspectives nurtures open-mindedness and broadens students' worldviews. By celebrating diversity and encouraging cross-cultural interactions, boarding schools foster an environment that prepares students to thrive in an increasingly interconnected world. Students develop a global outlook, gaining a deep appreciation for different traditions, beliefs, and customs. This cultural immersion enhances their understanding of the global landscape and equips them with valuable skills for international collaboration and communication. Conclusion Growing kids requires stability and routine; boarding schools can offer that while helping them grow academically. Parents or families who are constantly moving due to work may find boarding school a great place that can help their kids become well-rounded individuals.  TALK TO AN EXPERT

Gurgaon is home to some of the most expensive and prestigious schools in India. Parents in Gurgaon are willing to pay over 3 lakhs annually for their children’s schooling and future. For most schools, one-time admission fees are nearly 1,00,000! In this article, let's delve into the realm of the most expensive schools in Gurgaon. We will not only provide you with a list of these elite establishments but also shed light on the often-overlooked additional costs of education. Best Schools in Rajkot Most Expensive Schools in Gurgaon!  https://www.youtube.com/watch?v=j5uKaYCAbco&t=4s The Shri Ram School, Aravali - With annual fees soaring around INR 4,00,000, The Shri Ram School is renowned for its world-class education.  Pathways World School - Known for its exceptional international curriculum, the annual fees here can reach up to INR 5,00,000.  The Heritage School - This institution charges approximately INR 3,50,000 per year and offers top-notch facilities.  DPS International, Gurgaon - With a fee structure of nearly INR 3,00,000 per annum, DPS International provides a well-rounded education.  Lancers International School - Known for its holistic approach to education, the annual fees here can range from INR 3,50,000 to INR 5,00,000.  Scottish High International School - Offering international curriculums, this school has an annual fee that can surpass INR 4,00,000.  Pathways School, Gurgaon - An affiliate of Pathways World School, it charges around INR 4,50,000 annually.  Excelsior American School - With fees of around INR 3,50,000, Excelsior American School provides quality education.  Shiv Nadar School - This prestigious school's annual fees can be close to INR 4,00,000.  The International School, Gurgaon - Offering world-class education, it comes with an annual fee that can exceed INR 5,00,000.  Apply for Education Loans Hidden Costs of Education  While the annual fees of these prestigious schools are substantial, parents should also consider the often underestimated related costs of education:  Transportation: Commuting in a city like Gurgaon can be expensive. Many parents opt for school buses, which can cost between INR 20,000 to 50,000 per year.  Uniforms and Books: Uniforms and study materials can add up to an extra INR 10,000 to 20,000 annually.  Extracurricular Activities: Many parents invest in extracurricular activities like music lessons, sports, and art classes, which can cost anywhere from INR 5,000 to 20,000 per month.  Technology Costs: With the increasing reliance on technology, parents often need to provide laptops or tablets for their children, which can range from INR 20,000 to 50,000 or more.  Tuition and Coaching: Some students require additional tutoring, which can range from INR 10,000 to 30,000 per month.  One-time Admission Fees: Most schools in Gurgaon and the rest of India charge admission or joining fees. This is non-refundable and can cost you anywhere between INR 60,000 to 2,00,000!  Gurgaon's most expensive schools offer a world of opportunities and education par excellence. While their annual fees are eye-watering, it's essential for parents to remember the often unaccounted-for additional expenses. From transportation to extracurricular activities, these costs can significantly impact a family's budget. Nevertheless, the pursuit of quality education remains a top priority for many in this rapidly developing city. 

India has the largest youth population in the world. In the past few years, a tremendous number of students have joined higher education and a majority rely on education loans for paying the fees and cost of living. The demand for education loans has spiked up making the process more selective for the average Indian student. To make this process easier and less burdensome, apply for an education loan with EduFund is the answer. Here is a step-wise guide on securing the right loan for your college degree.    https://www.youtube.com/watch?v=gbPJ_XjILUA Understanding EduFund Before we embark on the journey of understanding the application process, let us take a moment to familiarize ourselves with the ethos and mission of EduFund. As a trusted and reputable education planning platform, EduFund is deeply committed to empowering students by bridging the financial gap between their aspirations and the resources needed to achieve them. EduFund offers 3 different financial products to help Indian parents and students achieve their dreams: Investments in the Indian market, Scholarships, and Education Loans. Benefits of applying for an education loan with EduFund 1. Research and planning The first and foremost step in successfully applying for an education loan with EduFund is conducting thorough research and meticulous planning. This initial phase involves exploring EduFund's website in detail, where you will find a wealth of comprehensive information pertaining to their loan offerings, interest rates, repayment options, and eligibility criteria. Take the time to carefully peruse the website and make note of any specific requirements or documents needed, based on the course or institution you intend to pursue. 2. Eligibility criteria EduFund's education loan program has been thoughtfully designed to cater to a wide range of students hailing from diverse backgrounds. To determine your eligibility, it is imperative to take into account various factors such as academic performance, the chosen course and institution, financial background, and any collateral that you may be able to provide. By thoroughly reviewing these criteria, you can ensure that you meet the necessary requirements before proceeding with the loan application process, thereby maximizing your chances of approval. Apply for Education Loans 3. Online application process EduFund has meticulously crafted an intuitive and user-friendly online application process, ensuring that applying for an education loan is a hassle-free and accessible experience for all prospective borrowers. To initiate the application process, simply visit the EduFund website and navigate to the dedicated loan application section. Once there, fill in the required information accurately, providing comprehensive details pertaining to your personal information, academic background, the course you wish to pursue, and an estimated cost of education. https://www.youtube.com/watch?v=4gTQkdePOWM 4. Document submission Once you have completed the online application, the subsequent step entails gathering and submitting the requisite documents. These documents may include proof of identity, address, academic records, admission letter from the educational institution, an estimate of the cost of education, income proof of co-borrower (if applicable), and any collateral documents, should you possess them. It is of utmost importance to ensure that all the documents are properly attested and prepared for submission, as this expedites the loan processing and verification stage. https://www.youtube.com/watch?v=fufyFB9aMQI 5. Loan processing and approval Upon receipt of your application and accompanying documents, EduFund promptly initiates the loan processing and verification procedure. Their team of experienced professionals meticulously assesses your application, verifies the provided information, and evaluates your creditworthiness. It is crucial to note that this process may take a few weeks, as EduFund adheres to a meticulous and diligent approach to ensure a fair and accurate assessment. During this period, it is essential to maintain open lines of communication with EduFund, remaining proactive and responsive to any updates or additional requirements that may arise. https://www.youtube.com/watch?v=tdwqQH0xkFw 6. Loan disbursement and repayment Congratulations! Upon approval of your loan application, EduFund proceeds with the disbursement of the loan amount directly to the educational institution, in accordance with the agreed-upon disbursement schedule. It is imperative to familiarize yourself with the terms and conditions of repayment, including the interest rate, repayment tenure, and monthly installment amounts. EduFund prides itself on providing flexible repayment options, tailored to suit your individual financial capabilities. Additionally, they offer a grace period for repayment, allowing you to settle into your post-graduation phase before commencing repayment in earnest. 7. Regular communication and support Throughout the entire loan application and repayment process, EduFund places great emphasis on establishing and maintaining regular and transparent communication with its borrowers. Their dedicated customer support team is readily available to address any queries, concerns, or updates that you may have. It is highly recommended to remain in close contact with EduFund and promptly inform them of any changes in your circumstances that may potentially impact the repayment of the loan. By fostering open lines of communication, you can ensure a smooth and mutually beneficial partnership with EduFund. Applying for an education loan with EduFund is an empowering and transformative step toward realizing your educational dreams. No hidden fees or processing hassles, you get the right education loan for your degree without the daily bank visits! CONNECT WITH OUR STUDY ABROAD EXPERTS

As you look to plan your child’s career and consider their higher studies in a good institute in India or overseas, the question that most parents ask themselves is, how hard is it to get an education loan? Today, education in India has become quite expensive from the school level onwards. Given the rising inflation rate, fees across the board for higher education in reputed Indian and international universities are going up yearly. In this scenario, if you are serious about sending your child to an excellent Indian institute or abroad for higher studies, chances are high that you will be required to take an education loan. Taking an education loan for a four-year undergrad engineering course from a private institute in India can cost you upwards of Rs. 12 lakhs in tuition fees. The same course in an international university can go up to Rs. 60 - 70 lakhs, with travel and stay extra. Most parents today opt for an education loan to fulfill their child’s educational and career aspirations. That brings us to the topic of this article: how hard is it to get an education loan? To understand the challenges, you must understand what the lenders look for in an education loan application. Apply for an Education Loan What lenders look for while reviewing education loan applications There are several education loans available, as RBI promotes these extensively. So most nationalized banks will offer you these loans. Here is the list of factors they consider when reviewing an education loan application: 1. Financial history of the borrower and co-borrowers Especially in the case of undergraduate courses, parents as co-borrowers must have an excellent credit rating and must show the financial capability to meet the need for repayment, should the need arise. 2. Co-borrower or Co-applicant While international lenders may not ask for a guarantor, most public sector/govt lenders do. They require a guarantor or co-applicant, especially if the loan is for a significant amount. Again, the guarantor's credit history will be scrutinized while sanctioning the loan. 3. Collateral Public sector/nationalized banks and several private lenders need collateral to issue an education loan if the amount is enormous. The value of the collateral is worked out in light of the loan required and varies depending on the lender, but collateral is a must. There are various non-collateral options available for students as well. Most of these even offer loan amounts up to 1 crore, but it depends upon the individual and their application. 4. University of your choice This is another crucial aspect for lenders. Most leading lenders have their preferred list of universities and courses for which they will issue loans. So, you must ensure that the institute your child is shortlisting is on that list and an accredited educational institute that the banks recognise. 5. The academic record of the student An excellent academic record goes a long way in assuring the lender of the child’s seriousness toward education and career. It works as an indicator for them that the student will complete the course for which the loan is being given and will be able to repay the same by building a promising career. FAQs Do we get education loans easily? The easiest way to get an education loan is to connect with EduFund. EduFund helps students by connecting them directly to the right education loan provider! With EduFund, you can get the lowest interest rates, express approvals, and end-to-end assistance in securing the right education loan for your profile. EduFund experts can also help you avoid hidden fees, get approvals without an offer letter, and ensure a smooth loan disbursement for your future plans. Connect with our experts here! Do education loans get rejected? Yes, education loans can be rejected. Banks can reject your loan application if there are any discrepancies in the documents. If your co-applicant does not meet the set criteria, or if you have opted for a course or university that the bank does not recognize. There are many reasons - the best way to avoid rejection is to plan with experts like EduFund, who offer end-to-end assistance. Why is it difficult to get an education loan in India? Yes, the loan process in India can be lengthy and tiresome if the candidate is applying on their own. With the help of experts from EduFund, you can avoid the lengthy process of getting in touch with the right providers directly and applying for a loan in no time. TALK TO OUR EXPERTS

With the cost of studying overseas rising higher, students dream of winning a scholarship that would cover their fees and overseas stay. But there are some truths about winning scholarships that you should be aware of if your child is planning to travel for studies abroad. There are several misconceptions surrounding winning scholarships, such as your child needs to be a straight A student or athlete. However, there are many scholarships available for minorities, meritorious individuals, athletes, and many others. Apply for Scholarship Program Tips on how to beat high school fees! https://www.youtube.com/watch?v=j5uKaYCAbco&t=2s The truth about winning scholarships https://www.youtube.com/watch?v=Motf8zBtf4c 1. Only for the Meritorious Being a straight A-student is not enough to win a scholarship. While good grades do help, international universities look for the all-round development of the student when considering applicants for scholarships. 2. Extra-curriculars matter Scholarships for students with extracurricular achievements. There are separate scholarships for students with accomplishments in sports, theatre, music, art, and volunteering activities. Most Indian students are unaware of these options and miss out on going to a great university thinking that a lack of ‘A grades’ means no scholarship. 3. Minority Scholarships Check if you qualify for the many minority scholarships. These are usually categorized under gender, race, and sexual orientation. There is a lot of impetus being given to women in the STEM fields, and there are Scholarships for Asian students that your child may qualify for. So make it a point to explore the many options available out there today. 4. Different types of scholarships There are scholarships for students from every stratum of society, not just the economically backward. Do your research and see which categories of scholarships your child is eligible for. Apply for as many as you can. This will improve your chances of winning the scholarship. 5. Country-specific scholarships In most countries, universities offer government and private scholarships. In most cases, government scholarships are reserved for students of the said country. But if your country of origin has diplomatic arrangements that facilitate higher studies across borders, there may be scholarships reserved for you. Make sure you check these out. 6. Need-based scholarships Some colleges review need-based benefits for students who enroll under scholarships. This could mean that if you get a scholarship, you may be denied other need-based benefits at the university. This may make you rethink your scholarship application. But you don’t have to. If you are really in need of the money, present your case to the university, and they often have the flexibility to sanction funds along with the scholarship if need be. 7. Competitive Don’t be put off by the effort required to apply for scholarships. Of course, you and your child will have to put in hours of research, meet the eligibility criteria, draft applications, send them out, follow up for confirmation of receipt, and submit a host of documents but you will find it is all worth it. The scholarship pay-out as the reward makes all the effort meaningful. Once your application is drafted, you can usually rework it slightly and apply to multiple colleges. So don’t shy away from the effort. You could save some serious money in the bargain. 8. Partial Funding Not all scholarships do not cover the cost of your entire study. This is one harsh truth of winning scholarships that people find out later in life most scholarships only cover a portion of your expenses. Some scholarships cover one-year tuition costs, some cover accommodation, and flight expenses while some may cover your books and research apparatus. Take the example of the Rhodes scholarship, it covers Oxford University course fees and gives an annual stipend. It does not cover the cost of your accommodation or living expenses.  While it would be great to win scholarships for study abroad, it is something you cannot count on. The parameters of the scholarships and academic and non-academic requirements of the universities are constantly being tweaked and upgraded. Keeping these variables in mind, it is important that you start saving for your child’s overseas education well in advance through various investment instruments. Apply for EduFund Scholarships! Some scholarships for Indian students Invest wisely and build an adequate education fund so that when your child finally does win the scholarship, it will be a delight and a bonus! You will have extra funds to use for other aspects of your child’s growth with what you would have saved. Learn More About Scholarships by EduFund! https://www.youtube.com/shorts/9Xy8ucfqczY FAQs What should I do to win a scholarship?   To increase your chances of winning a scholarship, start by researching available scholarships and their eligibility criteria. Then, focus on maintaining a strong academic record, participating in extracurricular activities, volunteering, and writing compelling scholarship essays. Make certain that you meet all application deadlines and conditions.  Is it hard to get a scholarship in Canada?   Scholarships in Canada are available for both domestic and international students. The competitiveness of scholarships can vary, with some being highly competitive, while others are more accessible. To improve your chances, maintain good academic performance, research scholarship opportunities, and meet application requirements diligently.  Which scholarship has the highest amount?   The scholarship with the highest amount can vary significantly by country and institution. Prestigious international scholarships like the Rhodes Scholarship, Fulbright Scholarship, or Gates Cambridge Scholarship often offer substantial financial support for studies abroad. The specific amount can change from year to year.  Is there any chance to get a scholarship?  Yes, there are numerous scholarships available for various categories of students, including academic achievements, financial need, specific fields of study, and more. Your chances of getting a scholarship depend on your qualifications and how well you match the scholarship criteria. 

Planning to teach kids about taxes? Then this blog is for you. Taxes are an integral part of human lives and every person must be aware of how to manage them from an early age. Children can understand financial concepts quite early in life and most of their monetary habits are also developed during these times. Every person on earth knows that taxes are inevitable and you cannot escape from them. So why not take a progressive step forward and understand how to teach your kids about taxes as it will prove beneficial for them in the long run? https://www.youtube.com/watch?v=30q9fjLitHM 6 basic ways to teach kids about taxes 1. Start the lessons from home The first step in how to teach kids about taxes is becoming their teacher at home and giving them lessons relevant to taxes. Some children are aware that we pay taxes, but the majority are unaware of the fact. Remember, it is the basic responsibility of every parent to make their kids aware of all the things that are relevant in their lives. Personal finance and taxes are important topics of discussion as kids should know how and why a portion of their earnings is given to the government and how it uses the said money for the welfare of its citizens. Start Investing in TAX Saving Mutual Funds 2. Start from the basics Explain the basic concepts of taxes; for example, what are taxes, and why are taxes levied on earnings? If your child has grown up, you can also discuss the various types of taxes levied by the government and related topics like income tax, property tax, sales tax, capital gains, deductions, and tax credits. Inform the kids about why taxes are important and how levying taxes helps the community on the whole. Tax Benefits on Child Education Fees Read More 3. Make it as real as possible  Make it as real as possible with the help of real-life examples because children learn more quickly when they have live demonstrations in front of them. Parents should apply the basic concept of taxes in everyday life to make the kids understand. For example, when you take your kids shopping, show them the price tag of a commodity and the price that is shown on the bill. Explain that the difference is the tax that every person has to pay the government. Familiarise your child with deductions and tax paperwork and how it impacts the total individual income. Making it real will help the child get a better grasp of the concept. https://www.youtube.com/shorts/p2Bj4VgVHgQ Source: EduFund 4. Explain why we pay taxes Teaching the kids about taxes from an early age gives them a solid foundation in the concept of finances and how to tackle the various types of taxes later on in life. Explain to them who pays the taxes and why they have to pay them. Point out the essential infrastructure that is maintained with the help of the taxes that the government levies on its citizens. Examples include parks, schools, hospitals, roads, post offices, etc. Make sure to use simple words and common examples to explain why we pay taxes so that the kids can understand the concept of taxes and the reasons behind why we pay them. Learn about Taxation in Mutual Funds Read More 5. Make it a fun game Sometimes the best way to learn about a topic is by making it into a fun activity. Parents can take the help of a simple piggy bank to explain their point. Make it a fun game as games are effective learning tools that kids can easily relate to. Whenever you pay your child’s weekly/ monthly allowance ask them to pay specific funds on allowance and expenses as tax. For instance, the child is given INR 2000 as a monthly allowance, then levy 1% tax on their total allowance. This will amount to INR 20. Ask them to deposit it in the piggy bank. Next, whenever they make an expense that is higher than INR 200, ask them to deposit INR 5 as tax.  This is a simple method that can help the kids to grasp the concept of taxes more easily. By now you must have gained a basic understanding of how to teach your kids about taxes. Take all the related points into consideration and start talking about taxes, personal finance, and how taxes impact human lives with your kids to create an engaging environment. https://www.youtube.com/shorts/wzl2t-Czh8o Source: EduFund FAQs What is a tax? A tax is a fee paid by citizens to the government that helps fund public goods and services. Why should you teach kids about taxes? Taxes are a big part of our lives. We pay taxes on the food we eat, the services we use, and the money we make. By explaining why we as citizens are responsible for paying taxes to the kids will help them become more informed and aware of the financial responsibility of every individual. It is also a good practice to help teach kids the value of money. What is the best way to teach kids about taxes? Use everyday examples to help your kids understand taxes. The income tax you pay, the toll tax on the roads, the GST on everyday items, and much more. This is a simple start to explain why we pay taxes and helps children understand the importance of money.