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Know all about UTI Floater Fund and the UTI Asset Management Company. UTI is one of the pioneers of the Indian Mutual Fund Industry. With an AUM of more than Rs 2.66 Lakh crore, the AMC is among the most trusted names in the mutual fund space. The UTI Mutual Fund offers products across asset classes.   Let us discuss the flagship product – UTI Floater Fund.  About UTI Floater Fund  Investment Objective – The investment objective of the scheme is to generate reasonable returns and reduce interest rate risk by investing in a portfolio comprising predominantly of floating rate instruments and fixed rate instruments swapped for floating rate returns.  Investment Process The scheme uses a systematic approach to debt investing, the “GIMS”, which is as follows:  Gate:  Encompasses issuer onboarding through rigorous analysis and research process  Aims to build the investment universe in line with investment policies  Investments:  Comprehensive fund strategy framework  Incorporates Fund Strategy and Style, Risk management Framework and Potential Risk Class Matrix  Risk Limits are central to strategy  Monitoring & Surveillance:  Monitoring and review of the investment universe, Market Data Analytics, Early Warning Signal (EWS) parameters, Use of external sources for added surveillance, Automation for increased efficiency  Portfolio Composition  The portfolio comprises 93.03% allocation in debt, and the remaining 6.69% is held in cash and cash equivalents.      Note: Data as of 30th November, 2023.  Source: Value Research  Top 5 Holdings for UTI Floater Fund   Name Instrument Weightage % National Housing Bank Debenture 7.79 Debenture 8.80 Canara Bank CD Certificate of Deposit 8.65 Reserve Bank of India T-Bills 182-D 29/02/2024 Treasury Bills 6.92 Small Industries Devp. Bank of India Ltd CP Commercial Paper 6.87 Kotak Mahindra Bank Ltd CD Certificate of Deposit 6.62  Note: Data as of 30th November, 2023.  Source: Value Research  Performance Since Inception  Period UTI Floater Fund CRISIL Low Duration Debt Index (%) CRISIL 10 Years Gilt Index (%) 1 Year 6.70 7.50 6.77 3 Years  4.45 5.43 2.93 5 Years 5.85 6.57 5.96 Since Inception 5.87 6.65 6.30  Note: Data as of 30th November,2023  Source: utimf.com  Fund Manager  Mr.Sudhir Agarwal is the Fund Manager and Executive Vice President & Fund Manager-Fixed Income at UTI AMC Ltd. He joined UTI AMC in 2009 after four years of experience. He is a CFA Charter holder from CFA Institute, USA, and holds a post-graduate Diploma in Management and a master’s in commerce. He is a Fund Manager managing various debt schemes.  Why Invest in UTI Floater Fund?  The scheme aims to generate accrual income by investing in high-quality debt and money market instruments, which are hedged using OIS swaps.  The scheme is positioned to capture yield movement in the 6 to 12-month segment.  The scheme maintains a moderate duration to reduce interest rate volatility.  Who Should Invest in UTI Floater Fund?  This fund is suitable for Investors  Who are seeking for reasonable income and liquidity over the near to short term.  Who are looking to diversify their fixed-income portfolio.  Ideal Time to Stay Invested   Ideal for investment with a time horizon of 6 to 12 months.  Conclusion  UTI Floater fund is an open-ended debt scheme predominantly investing in floating rate instruments. The portfolio of this fund is High-Quality accrual oriented and is positioned to capture yield movement in the short term. Thus, investors who want to park their money for a short period with low to moderate risk metrics can consider this fund for investment.  Disclaimer: This is not recommendation advice. All information in this blog is for educational purposes only.  Create a goal for your child's future

Ever wondered why advisors recommend early investing? Why it is more beneficial to start investing at 25 vs 35 years? Let's find out the benefits of early investing and why you should start today! Ah, the investing world. It's a world where market crashes call out your name and compound interest whispers sweet nothings, a place of late-night fears and possible fortunes. But there's no one-size-fits-all approach to navigating this world.  In general, investment is about more than just making money; it's also about safeguarding your future, accomplishing your objectives, and building financial security. Your quality of life and peace of mind may be greatly enhanced by it, even though there is some danger and continuing education is needed. Investing is essential for many reasons, impacting your financial future and overall well-being. There’s no age bar for investing at what age you should start investing, but the earlier you start, the better return you will get. Let’s understand investing with two different ages just to get a clear idea.  Your decisions at 25 will (and should) look vastly different from those at 35. So, let's grab a metaphorical cup of coffee and dive into the exciting differences between investing at 25 and 35.  Risk Tolerance:   At 25, You have less of a financial cushion, but you're flexible and young. So you have more time on hand, and hence, you have a bigger risk appetite. It's affordable for you to try new things, make errors, and grow from them skillfully.  But by the time you're 35, obligations start to pile up like driftwood down the riverside. The presence of children, mortgages, or elderly parents influences your risk tolerance. You're creating a nest egg for others who rely on you. This necessitates taking a more cautious approach and putting your capital protection first while aiming for respectable returns.  Investment Goals:  Your aspirations at 25 are as diverse as a kaleidoscope. Perhaps your savings are going toward that new gadget, a dream vacation, or a down payment on your first house. It is advisable to be flexible here to modify your investment plan as your goals change.  The goalposts change at 35. Your finances should take that into account as retirement becomes a tangible goal. You must begin planning and assembling a portfolio that will last you many years after your retirement.  Time Horizon:  Consider your investment horizon as a water body. When you're 25, retiring seems like an infinite stretch of ocean before you. You can now afford to take on greater risk while keeping a part of your portfolio for long-term investments. Time is on your side, and that's most precious, isn’t it?  The water starts to flow more quickly at 35. Retirement is drawing near, and still, you have a long way to go; the situation now calls for a more sensible strategy. You need resources and knowledge that support growth in addition to stability, a stable boat that can handle both calm seas and rough rapids.  Power of compounding:  Here, let us understand the power of compounding and the benefits of early investing with a comparison of two different investors with different age groups.  Age 25 years 35 years Standard Target Age 55 years 55 years Monthly SIP Amount ₹10,000 ₹10,000 SIP period 30 years 20 years Expected Return Rate 12% 12% Invested Amount 36,00,000 24,00,000 Wealth Gained 3,16,99,000 75,91,000  Total wealth 3,52,99,000 (Approx) 99,91,000 (Approx)  This comparison shows how important it is to start investing early as the difference in the investment period is just ten years, and the difference in total wealth due to that is more than 2,50,00,000.  Over a more extended period, the corpus upon retirement increases significantly, even with a smaller monthly SIP. The analogy also highlights how crucial it is to modify your investing approach following changes in your age and level of risk tolerance.   Conclusion Overall, investment is about more than just making money; it's also about safeguarding your future, accomplishing your objectives, and building financial security. Your quality of life and peace of mind may be significantly enhanced by it, even though there is some danger, like future unpredictability.  Remember that investing is a process rather than a destination. Begin modestly - make consistent investments, and, if necessary, seek professional advice. You can create a better and more secure tomorrow by managing your money now. 

Ranchi, the capital city of Jharkhand, is not just a hub of natural beauty but also a center for quality education. Among its numerous educational institutions, some stand out not just for their academic excellence but also for the hefty price tag that accompanies them. In this article, we delve into the most expensive schools in Ranchi, offering a glimpse into the educational institutions that set the bar for luxurious learning. Create an Investment Goal for your child's education at Rs. 1000! 1. Bishop Westcott Boys' School: Nestled in the heart of Ranchi, Bishop Westcott Boys' School is a name synonymous with quality education and a heritage that dates back to colonial times. This prestigious institution boasts modern facilities and a commitment to academic excellence. The average bi-monthly fees here range from INR 6,000 to 9,000, making it one of the reputed educational institutions in Ranchi. 2. Delhi Public School, Ranchi: A part of the renowned DPS Society, Delhi Public School in Ranchi is known for its holistic approach to education. With state-of-the-art infrastructure and a focus on nurturing well-rounded individuals, the monthly fees at this institution hover around INR 5,000 for lower classes to 7,000 for senior classes. 3. ODM Sapphire Global School: ODM Sapphire Global School is a premium institution in Ranchi, offering a global curriculum and a commitment to providing a well-rounded education. Parents investing in their child's education here can expect to pay an average annual fee ranging from INR 1,20,000 to 2,50,000. 4. Sarala Birla Public School Known for its rich educational legacy and commitment to moral and academic values, Sarala Birla Public School, Mahilong stands among the elite schools in Ranchi. The average session fees at this institution range from INR 5,100 to 5,500 for classes 1 to 12. The admission fees range between 37,000 to 50,000 based on the grade the child is entering. 5. Oxford Public School: Oxford Public School, with its emphasis on academic rigour and holistic development, is another noteworthy institution in Ranchi. Parents seeking enrollment for their children should be prepared for an average annual fee ranging from INR 20,000 to 50,000. 4 reasons to invest in your child's education! Investing Strategically for Your Child's Education: A Prudent Move As parents aim to provide the best possible education for their children, the financial commitment involved in these prestigious schools can be substantial. Beyond the immediate expenses, strategic financial planning becomes crucial to ensure a seamless journey through the academic years. One of the most effective ways to secure your child's educational future is through mutual funds. Why Mutual Funds for Education? Diversification: Mutual funds spread investments across various asset classes, reducing risk. Professional Management: Fund managers with expertise make investment decisions on behalf of investors. Flexibility: Investors can choose funds based on their risk appetite and financial goals. Affordability: Starting with as little as Rs. 1000 makes mutual funds accessible for all. Most Expensive Schools in Noida How to Get Started? Define Your Goals: Clearly articulate the educational goals you are saving for. Use the College Cost Calculator by EduFund to know the future cost of education across the world. Risk Assessment: Understand your risk tolerance and choose funds accordingly. Consult a Financial Advisor: Seek professional advice to tailor your investment strategy. Start Early: The earlier you start, the more time your investments have to grow. In conclusion, while the cost of education at prestigious schools in Ranchi may be significant, strategic financial planning can make this journey more manageable. Mutual funds present an excellent avenue for parents to build a substantial corpus for their child's education. The key is to start early, stay disciplined, and leverage the power of compounding to make those educational dreams a reality. With mutual funds, the path to securing your child's educational future becomes not just a financial choice but a smart and achievable one.

Noida, a bustling city in the National Capital Region (NCR), is renowned for its modern infrastructure and burgeoning educational landscape. Among its numerous schools, there exist institutions that stand out not just for their academic excellence but also for the hefty price tag that accompanies them. In this article, we unveil the most expensive schools in Noida, providing a glimpse into the educational institutions that set the standard for luxury learning. Most Expensive Schools in Kochi 1. Step by Step School: Nestled in the heart of Noida, Step by Step School is a premier institution known for its international curriculum and state-of-the-art facilities. With an emphasis on holistic development, the average annual fees here range from a staggering INR 3,60,000 or 30,000 monthly, making it one of the costliest educational institutions in Noida. The one-time admission fee for the school is 1,75,000 for the batch of 2024-2025. 2. Amity International School: Amity International School, a name synonymous with quality education, has a significant presence in Noida. Its commitment to providing a global learning experience is reflected in the average quarterly fees starts at INR 40,000 and differs based on grade. 3. Lotus Valley International School: Known for its emphasis on innovation and experiential learning, Lotus Valley International School is a sought-after institution in Noida. Parents investing in their child's education here can expect to pay an average annual fee ranging from INR 1,80,000 to 2,20,000. The admission fee is around 70,000 and non-refundable. The yearly transport fee starts at 53,000. 4. Delhi Public School, Noida: A part of the prestigious DPS Society, Delhi Public School in Noida maintains a reputation for academic excellence and a holistic approach to education. The monthly fees at this institution hover around INR 10,000, and there are annual charges of 34,000, while the one-time admissions fee is 55,000 for new students. 5. Shiv Nadar School: Shiv Nagar School offers different boards for student development. You can choose CBSE, IB and IGCSE. The fee heavily differs based on your child's chosen board and class. With a focus on nurturing leaders of tomorrow, Shiv Nadar School in Noida is a premium institution with a fee structure ranging from INR 2,00,000 to 4,00,000. It caters to the holistic development of students through a blend of academics, arts, and sports. Investing Wisely for Your Child's Education: A Strategic Move As parents aspire to provide the best possible education for their children, the financial commitment involved in these prestigious schools can be substantial. Beyond the immediate expenses, strategic financial planning becomes crucial to ensure a seamless journey through the academic years. One of the most effective ways to secure your child's educational future is through mutual funds. Create a investment goal for your child's future! Why Mutual Funds for Education? Diversification: Mutual funds spread investments across various asset classes, reducing risk. Professional Management: Fund managers with expertise make investment decisions on behalf of investors. Flexibility: Investors can choose funds based on their risk appetite and financial goals. Affordability: Starting with as little as Rs. 1000 makes mutual funds accessible for all. How to Get Started: Define Your Goals: Clearly articulate the educational goals you are saving for. Use the College Cost Calculator by EduFund to know the future cost of education across the world. Risk Assessment: Understand your risk tolerance and choose funds accordingly. Consult a Financial Advisor: Seek professional advice to tailor your investment strategy. Start Early: The earlier you start, the more time your investments have to grow. 7 commonly asked questions during university admissions In conclusion, while the cost of education at prestigious schools in Noida may be significant, strategic financial planning can make this journey more manageable. Mutual funds present an excellent avenue for parents to build a substantial corpus for their child's education. The key is to start early, stay disciplined, and leverage the power of compounding to make those educational dreams a reality. With mutual funds, the path to securing your child's educational future becomes not just a financial choice but a smart and achievable one.

Bhopal, a city known for its rich culture and heritage, is also home to some of the most prestigious schools in central India. These institutions boast top-notch facilities, experienced faculty, and a commitment to providing quality education. In this article, we delve into the most expensive schools in Bhopal, shedding light on the institutions that set the benchmark for educational excellence. https://www.youtube.com/watch?v=30q9fjLitHM Most Expensive Schools in Pune with Fees! 1. The Sanskaar Valley School Topping the list of one of the most amazing schools in Bhopal is The Sanskaar Valley School, renowned for its holistic approach to education. Nestled amidst lush greenery, this institution offers state-of-the-art infrastructure and a curriculum that emphasizes experiential learning. The one time admission fees is around INR 63,000 and the average annual fees here range from INR 1,50,000 to 3,00,000, making it one of the costliest educational institutions in Bhopal. 2. Billabong High International School With its global curriculum and commitment to nurturing well-rounded individuals, Billabong High International School is one of the most amazing schools in Bhopal and stands as a prominent choice for many parents in Bhopal. The annual fees at this institution hover around INR 1,80,000 to 2,00,000, reflecting its dedication to providing quality education. 3. DPS Bhopal A part of the Delhi Public School Society, DPS Bhopal maintains a reputation for academic excellence and a focus on co-curricular activities. Parents investing in their child's education here can expect to pay an average annual fee ranging from INR 90,000 to 1,10,000. 4. NRI Global Discovery School Known for its international curriculum and commitment to providing a global learning experience, NRI Global Discovery School stands among the elite schools in Bhopal. The average annual fees at this institution range from INR 70,000 to 1,50,000. 5. Sagar Public School Sagar Public School is one of the most amazing schools in Bhopal, with its commitment to academic rigour and holistic development, is another noteworthy institution in Bhopal. Parents seeking enrollment for their children should be prepared for an average annual fee ranging from INR 40,000 to 70,000. How to Sponsor Your Child's Education? Investing for Your Child's Education: A Smart Move! As parents navigate the financial commitments of providing quality education, it becomes imperative to consider strategic investment options. One of the most effective ways to secure your child's educational future is through mutual funds. Mutual funds offer a diversified and professionally managed investment portfolio. They provide an excellent avenue for parents to grow their savings over time. What's more, starting with just Rs. 1000, parents can initiate their investment journey, making it accessible for various income brackets. The key advantage of mutual funds lies in their potential for capital appreciation. By investing systematically over the years, parents can accumulate a substantial corpus to fund their child's education. The power of compounding further amplifies the returns, emphasizing the importance of an early start. Best Schools in Kochi Why Mutual Funds for Education? Diversification: Mutual funds spread investments across various asset classes, reducing risk. Professional Management: Fund managers with expertise make investment decisions on behalf of investors. Flexibility: Investors can choose funds based on their risk appetite and financial goals. Affordability: Starting with as little as Rs. 1000 makes mutual funds accessible for all. How to Get Started? Define Your Goals: Clearly articulate the educational goals you are saving for. Use the College Cost Calculator by EduFund to know the future cost of education across the world. Risk Assessment: Understand your risk tolerance and choose funds accordingly. Consult a Financial Advisor: Seek professional advice to tailor your investment strategy. Start Early: The earlier you start, the more time your investments have to grow. In conclusion, while the cost of education at prestigious schools in Bhopal may be significant, strategic financial planning can make this journey more manageable. Mutual funds present an excellent avenue for parents to build a substantial corpus for their child's education. The key is to start early, stay disciplined, and leverage the power of compounding to make those educational dreams a reality. With mutual funds, the path to securing your child's educational future becomes not just a financial choice but a smart and achievable one. Start Investing for your child's future!

Pune, often referred to as the "Oxford of the East," boasts a plethora of educational institutions known for their academic excellence and holistic development. In this guide, we explore the top schools in Pune, covering different boards and even boarding options.  Most Expensive Schools in Pune Here is a list of the most expensive schools in Pune for your child's higher education: The Bishop's School, Pune: Fees: Varies based on the section (Primary, Middle, or Senior). Generally considered one of the higher fee schools in Pune. Symbiosis International School, Pune: Fees: Approximately INR 1,50,000 - 2,50,000 per annum. Vibgyor High, Pune: Fees: INR 80,000 - 2,00,000 per annum. DPS Pune (Delhi Public School): Fees: INR 1,00,000 - 2,00,000 per annum. The Heritage School, Pune: Fees: INR 1,20,000 - 2,50,000 per annum. Lexicon International School, Pune: Fees: INR 1,00,000 - 2,00,000 per annum. Please note that these figures are indicative and may vary based on the grade, facilities, and other factors. It's essential to contact the schools directly for the most accurate and detailed fee information. https://www.youtube.com/watch?v=30q9fjLitHM Top Schools in Pune with Average School Fees  The Bishop's School  Board: ICSE  Average Fees: INR 50,000 - 1,00,000 per annum  Symbiosis International School  Board: CBSE  Average Fees: INR 1,50,000 - 2,50,000 per annum  Vibgyor High  Board: CBSE, ICSE  Average Fees: INR 80,000 - 2,00,000 per annum  DPS Pune  Board: CBSE  Average Fees: INR 1,00,000 - 2,00,000 per annum  The Heritage School  Board: CBSE  Average Fees: INR 1,20,000 - 2,50,000 per annum  https://www.youtube.com/watch?v=u0MRtCeA2RU CBSE Schools in Pune  Symbiosis International School: Average Fees: INR 1,50,000 - 2,50,000 per annum  DPS Pune: Average Fees: INR 1,00,000 - 2,00,000 per annum  The Heritage School: Average Fees: INR 1,20,000 - 2,50,000 per annum  ICSE Schools in Pune  The Bishop's School: Average Fees: INR 50,000 - 1,00,000 per annum  Vibgyor High: Average Fees: INR 80,000 - 2,00,000 per annum  Boarding Schools in Pune  The Bishop's Co-Ed School  Board: ICSE  Average Fees: INR 70,000 - 1,20,000 per annum  Lexicon International School  Board: CBSE, ICSE  Average Fees: INR 1,00,000 - 2,00,000 per annum  Investing for Your Child's Education: A Wise Choice  Parents, now more than ever, recognize the need for strategic financial planning for their child's education. The soaring costs of quality education necessitate early investment. Here's why and how:  Inflation Impact:  Costs are Rising: The cost of education is increasing faster than inflation, making early investment crucial.  Power of Compounding:  Start Early, Benefit More: Compound interest works wonders over time. The earlier you invest, the more time your money has to grow.  Education-Specific Investments: Explore Options: Look into education-specific investment plans like Unit Linked Insurance Plans (ULIPs) or dedicated education funds for tailored benefits.  Diversification Strategies:  Spread the Risk: Diversify your investment portfolio to mitigate risks and ensure stability in funding your child's education.  Professional Guidance:  Consult a Financial Advisor: Seek advice from financial experts to create a personalized plan that aligns with your financial goals.  Start Investing for your child's future here Investing wisely today ensures a secure educational future for your child tomorrow. Plan strategically, explore diverse investment avenues, and pave the way for your child's academic success. 

Are you raising your kids in the hilly city of Dehradun? Then you are in luck! The city is home to numerous top-rated schools that attract students from various parts of the country. 10 schools in Dehradun that you must consider for your child’s schooling 1. The Doon School Established in 1935, The Doon School is one of the most prestigious schools in India. Located in the Doon Valley, it is known for its rigorous academics, character development programs, and strong alumni network. The school follows the Cambridge International Examination curriculum and offers a vibrant learning environment. The school fees for Indian residents are close to 12 lakhs with a one-time admission fee of 5 lakh rupees. Expensive Schools in Delhi Read More 2. The Asian School Founded in 1993, The Asian School is a co-educational institution situated in the Rajpur area of Dehradun. Affiliated with the ICSE and ISC boards, it provides a wide range of academic and extracurricular activities, fostering all-round development. The annual fee is around 5 lakh rupees with admission fees of around 80k Expensive Schools in Bangalore Read More 3. Welham Girls' School Welham Girls' School, founded in 1876, is a prominent girls' school located in the Dalanwala area. Affiliated with the ICSE and ISC boards, the school emphasizes academic excellence and holistic development. The annual fee is close to 8.5 lakh rupees with admission fees of around 1 lakh rupees.  Expensive Schools in Hyderabad Read More 4. Welham Boys' School Welham Boys' School, established in 1875, is a leading boys' school situated in the Dalanwala area. Affiliated with the ICSE and ISC boards, the school focuses on academic rigor and character-building activities. The annual fee is close to 5.7 Lakh rupees. Expensive Schools in Ahmedabad Read More 5. Woodstock School Woodstock School is a co-educational boarding school founded in 1854, located in the serene Mussoorie hills, a short distance from Dehradun. The school follows the ICSE and ISC boards and offers a well-rounded education amidst a tranquil environment. The annual fees are close to 18-20 lakhs. Expensive Schools in Mumbai Read More 6. St. Joseph's Academy Founded in 1889, St. Joseph's Academy is a Catholic boys' school situated in the Rajpur area. Affiliated with the CBSE board, the school provides a diverse range of academic and extracurricular opportunities. 7. Brightlands School Brightlands School, established in 1976, is a co-educational institution located in the Rajpur area. Affiliated with the CBSE board, the school focuses on academic excellence and personal growth. 8. Scholar's Home Scholar's Home, founded in 1980, is a residential school for boys and girls in the Sahastradhara area. Affiliated with the CBSE board, the school provides a conducive environment for academic and personal development. The annual fee is around 1 lakh per year. 9. Marshal School  Marshal School, established in 1982, is a co-educational school situated in the East Canal Road area. Affiliated with the CBSE board, the school offers a comprehensive academic and extracurricular program. The school fees are around 50k per year 10. Doon Valley Public School  Founded in 1982, Doon Valley Public School is a co-educational institution located in the Malsi area. Affiliated with the CBSE board, the school aims to provide a nurturing environment for academic and overall growth. The annual fee is around 2.7 lakh. These top 10 schools in Dehradun are amongst the hardest schools to get your kids into! The admission process is very competitive; students have to give entrance exams and even appear for interviews with the headmaster before they are enrolled. Not to forget the high fees that come with a world-class education! Talk To An Expert

If you've come to this page, it's likely that you're looking into getting an education loan to pay for your studies abroad.   Studying abroad may be a rewarding experience that presents a wealth of chances for both professional and personal development. However, there might be a considerable cost associated with getting a degree abroad. To pay for their foreign studies, many students turn to student loans, but there are a few typical mistakes that can be made when applying for loans.   High interest rates, trouble repaying loans, and other financial problems might be brought on by these errors. In this post, we'll go over some of the most typical mistakes students make when taking out student loans to fund their international studies and offer advice on how to prevent them. Apply for Education Loans Stay away from these blunders 1. Not reading the terms and conditions  When taking out an education loan for international study, one error to avoid is failing to carefully read and comprehend the loan's terms and conditions. To make sure you comprehend the interest rates, repayment alternatives, and any costs or penalties associated with the loan, it's crucial to read the tiny print and ask any questions you may have.  It's also crucial to take into account the whole cost of the loan, which includes the principal borrowed, interest, and any other expenses. After you graduate, make sure you have a clear repayment strategy in place and that the payments are manageable given your anticipated post-graduation salary.  Finally, only take out as much credit as you need. Only borrow what is needed to pay for education, housing, and other necessities after carefully evaluating your financial condition. Overextending your borrowing capacity could result in future debt that is unneeded and financial stress.  Rules for taking education loans Read More 2. An incorrect estimate of the cost  It's a big financial choice that needs considerable thought and preparation to take out an education loan to study abroad. Underestimating their costs is one of the most frequent errors that students make when taking out a student loan.  Students frequently concentrate on the upfront expenses while making plans to study abroad, such as tuition, living expenses, and travel expenses. Yet, there are other additional indirect expenses that can mount up quickly, including those for books, supplies, meals, and travel. Accurately estimating these fees can be difficult, particularly if the student has never lived in the nation previously.  Many issues can arise because of underestimating costs. First, the student might become broke while studying, which could be stressful and have an effect on their grades. After graduation, they might have to take on extra debt or work part-time, which would add to their financial load. Second, kids might not be able to go on trips or take part in extracurricular activities, which could limit their international exposure. Finally, individuals might be forced to make painful lifestyle compromises that could harm their general well-being.  Students should think about the following advice to avoid underestimating costs while taking out an education loan for studying abroad:  Do your homework: Students should thoroughly examine the cost of living in the country they intend to attend school. They should take into account all costs, including indirect ones like food, transportation, and entertainment.  Talk with professionals: Students should speak with education loan companies or advisors who assist them in organizing their finances for study abroad programs. These professionals can give them precise cost information.  Create a budget: Students should put together a sensible budget that accounts for all costs and distributes money appropriately. Also, they need to budget for any unforeseen costs that might occur while they are away from home.  Be conservative: It's better to estimate costs that are too high than too low. When evaluating costs, students should use cautious estimates and make backup plans.  https://www.youtube.com/watch?v=7Y0V6Z0lcJs 3. Dependence on a single lender  It's crucial to weigh all of your options and not rely entirely on one lender when taking out an education loan because doing so increases your risk of making mistakes that could wind up costing you money in the long run. There may be fewer options available, so it's critical to evaluate and contrast the many loan options to choose which one best suits your financial condition and academic objectives.  It is crucial to take into account the possibility of higher interest rates, undisclosed costs, flexible repayment options, and diversification when taking out a student loan. Interest rates may be higher than expected, and you may not be aware of the expenses involved with the loan. Flexibility in repayment is also crucial because different lenders could provide different levels of flexibility.   Finding a loan that offers good conditions and matches your financial situation might help you spread your risk and diversify your portfolio.  An overseas school loan is a substantial financial choice that has to be carefully thought out and planned. When submitting a loan application, students and their families can make a number of typical blunders that can lead to long-term financial troubles.   While taking out an education loan, some typical mistakes to avoid include not doing your homework on the lender, borrowing more than you need, forgetting to read the loan's terms and conditions, not checking into all your loan possibilities, and depending on just one lender. It is crucial to do extensive research on the lender and loan terms, figure out the precise amount of money you need, read and comprehend the loan's terms and conditions, investigate multiple loan options, and avoid relying on just one lender to avoid making these blunders.   Planning and being proactive are ultimately the keys to avoiding blunders when taking an education loan overseas. You can locate a loan that matches your needs and enables you to pursue your academic objectives without experiencing undue financial hardship by taking the time to properly investigate and weigh your options. Taking out a student loan can be a wise investment in your future if you approach it correctly and make the necessary preparations. FAQs Why does an education loan get rejected? There are several reasons behind loan rejection. It could be due to incomplete and fake documents, the co-applicant's poor credit history, low marks in school or college, low repaying capacity, etc.  Can I get an education loan with 50% marks? Yes, some banks do provide loans to students who have scored 50% marks in school. Connect with us here to know more! What are the conditions for an education loan? Some basic conditions for an education loan are: The applicant must be a student between the age of 16 to 35 years of age, must be an Indian citizen, must have a co-applicant, must have a conditional or confirmed admission letter for processing, must have the capacity to pay back the loan and a satisfactory credit history that meets the bank's requirements. TALK TO AN EXPERT

Know all about HDFC Hybrid Equity Fund and HDFC AMC in this article. 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. 5.24 Lakh crores (excluding domestic fund of funds) as of 30th September 2023.  Let us talk about the consumer product – HDFC Hybrid Equity Fund.  About HDFC Hybrid Equity Fund Investment Objective   The investment objective of the scheme is to generate capital appreciation/income from a portfolio, predominantly of equity & equity-related instruments. The scheme will also invest in debt and money market instruments.  Investment Strategy  Equity –   The fund assets are predominantly invested in equity and equity-related instruments (65%-80%) and the balance in debt instruments. Equity strategy will aim to build a portfolio of companies across market capitalization.  While selecting stocks, the fund follows a bottom-up stock-picking strategy, focusing on reasonable quality businesses, and prefers companies available at acceptable valuations.  The scheme aims always to maintain a reasonably diversified portfolio.  Debt –  Credit quality, liquidity, interest rates, and their outlook will guide investment in debt securities. Here, duration management is based on the fund manager’s view on the interest rate outlook.  Portfolio Composition  The fund holds 67.04% equity, 31.06% debt, 1.01% real estate, and 0.89% in Cash and cash equivalents. The significant sectoral exposure is to Financials, which account for 24.84% of the equity portfolio. The top five sectors hold more than 50% of the equity portfolio.     Note: Data as of 30th November. 2023.                                                                 Source: Value Research                                                                                    Top 5 Holdings for HDFC Hybrid Equity Fund  Name Sectors Weightage % HDFC Bank Financial 7.31 ICICI Bank Financial 6.44 ITC  Consumer Staples 4.69 Larsen & Turbo Construction  4.60 Reliance Energy 4.12  Note: Data as of 30th November. 2023.  Source: Value Research  Past Performance of Regular Plan as of 30th November 2023.  Fund name 1Y 3Y 5Y 10 Y Since Inception HDFC Hybrid Equity Fund (%) 10.69 18.15 14.14 16.15 15.12 Benchmark Returns (%) 7.94 12.75 12.54 12.21 11.60 Additional Benchmark Returns (%) 8.47 17.12 14.45 13.91 13.19  Benchmark Composition – Nifty 50 Hybrid Composite Debt 65:35 Index  Source: Value Research  Fund Managers for HDFC Hybrid Equity Fund  The following fund managers manage the HDFC Hybrid Equity Fund.  Mr Chirag Setalvad (Since 2nd April 2007) has been managing Equity Assets for this fund.  Mr Anupam Joshi (Since 6th October 2022) has been managing Debt Assets for this fund.  Mr Dhruv Muchhal  (Since 22nd June 2023) is an Equity Analyst and Fund Manager for Overseas Investments.  Who Should Invest in HDFC Hybrid Equity Fund?  Investors looking to generate long-term capital appreciation/income by taking exposure to both debt and equity can consider this fund.  Why Invest in this Fund?  It helps to achieve twin objectives through one fund:  Growth of Capital by investing in Equities  Stability of Capital by investing in debt  Equities have the potential to create long-term wealth and beat inflation over the long term.  The debt component makes the fund comparatively less volatile than Equity funds.  Defined asset allocation between Equity and Debt  Benefits of equity taxation   Conclusion  The HDFC Hybrid Equity Fund is an open-ended hybrid scheme that has been in existence for nearly two decades. The fund has consistently performed throughout its existence. Also, it has delivered better risk-adjusted returns depicted by lower standard deviation and higher Sharpe ratio than the category. Hence, investors who wish to allocate their funds for capital appreciation with a moderate level of risk can consider this fund.  Disclaimer: This is not recommendation advice. All information in this blog is for educational purposes only. 

About ICICI Prudential Mutual Fund (AMC) and its flagship product, ICICI Prudential Equity & Debt Fund! ICICI Prudential Mutual Fund is the second-largest asset management company in India. With over Rs 5.8 Lakh crores of AUM, the AMC is among the most trusted names in the mutual fund space. The AMC offers products across asset classes.   Let us discuss the flagship product – ICICI Prudential Equity & Debt Fund.  About ICICI Prudential Equity & Debt Fund  Investment Objective The scheme aims to generate long-term capital appreciation and current income by investing in a portfolio that invests in equities and related securities and fixed-income and money market securities.  Investment Strategy – The scheme's equity exposure would range between 65% and 80%, and debt exposure would be maintained between 20%-35%  Equity:  The scheme shall use a blend of top-down and bottom-up approaches for stock selection. The scheme shall remain sector-agnostic in its investment approach. The scheme may also take derivatives exposure for portfolio hedging or any other permitted strategy to minimize downside risk. The net equity exposure includes foreign equity and units of equity mutual fund.   Debt:   The scheme intends to tactically allocate to longer duration fixed income securities with credit rating AA and above, which offer reasonable accrual. The scheme also invests in fixed-income securities issued by the government, quasi-government agencies, and corporate and multilateral agencies.  Portfolio Composition  The equity exposure is widely in the large-cap, which comprises 86.48%, and midcap and small-caps comprise 12.28% and 1.24%, respectively.       Note: Data as of 30th November 2023   Source: Value Research  Top 5 Holdings for ICICI Prudential Equity & Debt Fund Name Sector Weightage % NTPC Ltd. Energy  7.43 ICICI Bank Financial 7.01 Bharti Airtel Ltd. Communication 6.00 Oil & Natural Gas Corporation Ltd. Energy 4.18 Maruti Suzuki India Automobile 3.92  Note: Data as of 30th November 2023.  Source: Value Research  Performance of the Fund  ICICI Prudential Equity and Debt Fund has performed consistently throughout its existence. It has outperformed both the benchmark and the category in all time horizons.  Particular 1 Year 3 Year 5 Year 7 Year 10 Year ICICI Prudential Equity & Debt Fund 24.98 26.12 19.34 17.38 18.26 Hybrid: Aggressive Hybrid 19.26 16.99 14.51 14.17 14.80  Note: Performance of direct plan; Data as on 20th December 2023.  Source: icicipruamc.com  Fund Managers for ICICI Prudential Equity & Debt Fund Equity:  Mr. Sankaran Naren has 34 years of experience in this field. He has been managing this fund since Dec.2015 and other 12 funds in total.  Mr Mittul Kalawadia has 18 years of experience and has been managing this fund since Dec. 2020, with 4 other funds in total.  Debt:  Mr. Manish Banthia has 20 years of experience and has been managing this fund since Sep.2013, with 23 other funds in total.  Mr. Nikhil Kabra has 10 years of experience and has been managing this fund since Dec.2020, with 6 other funds in total.  Ms. Sri Sharma has 7 years of experience and has been managing this fund since April 2021 and the other 7 funds in total.  Who Should Invest?  The fund is suitable for investors  who seek diversification across debt and equity to benefit from accrual income as well as long-term wealth-creation solutions.  who wish to participate in the growth story of the equity markets with a portion of their portfolio invested in fixed-income securities could consider this fund.  Ideal Time Horizon  One should look at investing for a minimum of 3 years or more.   Investment through a Systematic Investment Plan (SIP) may help in tackling the volatility of the broader equity market.  Conclusion  ICICI Prudential Equity & Debt Fund is an aggressive hybrid scheme investing in equity and equity-related instruments with a small allocation towards debt. This scheme has outperformed the benchmark and the category average over all the periods of 1/3/5/7/10 years. Also, the scheme has delivered risk-adjusted returns better than the category average with slightly higher volatility. It has generated an alpha of 12.60% vis-à-vis the category average of 3.96% over the three years. Therefore, investors who wish to have exposure to both equity and debt by going aggressively can consider this scheme.  Disclaimer: This is not recommendation advice. All information in this blog is for educational purposes only. 

Choosing between an education loan vs self-finance for your child’s higher education is as tough as planning for a child's higher education. Most parents consider self-financing a viable alternative to pay for their child's education by liquidating valuable assets like land or FDs or borrowing from family, friends, and relatives. Such financial assistance is not available to all families. This is when a student loan can help. Let’s look at the benefits of student loans and their preference over self-financing. Self-financing  Taking out an education loan can be a financial burden for most students and parents, so they prefer self-financing as a viable option to avoid future debt. For one reason or another, students don't want to be burdened with EMIs when they can pay for everything at once. What exactly qualifies as self-financing? Self-financing may be preferred in the following circumstances: Paying for your own education Request for financial help from family, friends, or relatives Securing funding from a third party (excluding government banks or education loan providers) Education Loans In the debate between education loan vs self-finance, education loan has emerged as a strong competitor. The demand for student loans in India has increased steadily even during the pandemic. Collateral loans or Secured loans are offered based on the collateral provided. When a borrower pledges collateral to obtain a loan, the lender is guaranteed partial compensation for any outstanding loan debt. In case payments are not made on time, they can seize the mortgage and sell the property. The best mortgage loan providers in India are government and commercial banks Collateral Free or Unsecured loans do not require any collateral to be pledged. These loans are available to students with insufficient assets to pledge. However, when financing unsecured loans, lenders consider factors such as parental income, university ranking, and fees are taken into account when considering unsecured loans. Education loans vs Self Finance Conclusion Student loans come with several benefits, whereas self-funding has limited benefits. Self-funding your child's higher education can help reduce your child's financial burden. Saving for a child's higher education may be tricky, but if you plan early, you can start from a small amount and create a large corpus over time to protect your child's future. If you are facing difficulty in saving and do not know where to invest your savings, then download the EduFund app today and connect with experts to know how you can save and plan for your child's higher education. FAQs What is self-financing? Self-financing is when you pay for your education or tuition fees out of your own pocket without taking on any debt or liability. Which is better, a personal loan or an education loan? An education loan is better if the aim is to pay for your education expenses. A Personal loan is better if you need it for vacation expenses or personal needs. What type of loan is best for education? An education loan is the best type of loan to finance your education. It is designed for students who wish to better their lives through good quality education and upskilling. Education loans have relatively low interest rates, a moratorium period to take debt-free while studying, flexible tenures and much more. TALK TO AN EXPERT

Recent statistics state that 32 million children up to the age of 13 have never attended any school in India, and 47 million secondary and higher secondary students drop out because of domestic and financial reasons.  Education can open new doors of opportunities so that children can leave their life of poverty behind and step into a better and enriched life.  Bright children seek education, and one of the best ways to fulfill their dreams is through sponsorship. To know how to sponsor a child’s education, then you must go through this blog. What is a sponsorship? Sponsorship in the context of a child’s education refers to a program that allows an individual, a group, or a business entity to offer monetary contributions so that the money donated can help in educating the child. How much does a sponsorship cost? The cost of sponsoring a child’s education fluctuates from INR 1,000 per month to INR 3,000 per month. The amount varies from donor to donor and organization to organization. If the sponsor wants to pay only for the tuition fees, then they can do so, but if they want to pay for related expenses, there is also a provision for that.  Payments can be made every month or as a lump sum amount for a year. What does the beneficiary get? Financial aid and associated benefits of most sponsorship programs concerning a child’s education cover-  School expenses like tuition fees, lab fees, uniforms, textbooks, and stationery (pen, pencil, rubber, geometry box and sharpener, etc.). Nutritious and balanced meals. Medical screenings and health care to ensure physical and mental well-being. Learning vocational skills. Facilitating extra-curricular activities.  Connect children with teachers and mentors. An opportunity to learn and practice literacy skills. Teaching activities that will help in sharpening income-generating skills. Additional read: Best sip plan for child's future Sponsoring a child’s education 1. Select a verified organization You can sponsor a child’s education in India by selecting a verified and genuine organization. These organizations are often constrained by a lack of monetary resources as the number of needy children far exceeds the support options. Numerous non-profit organizations in India have set up the required infrastructure to help children in getting the education they deserve. Some of them have the backing of government agencies, and some are dependent upon business entities for funds.  2. Get the required information You can call the NGOs directly on the phone, email them or conduct an in-person meeting to gather the related information. Ask about the program, how many children they support, what amenities they provide and how you can make a difference. Ask about the sponsorship amount and what it will entail. Will the organization provide only the tuition fees, or will the amount include related expenses? You can also speak about your budget and what benefits it can offer to the child.  3. Select a child Some people believe in creating a personal bond with a child and if you are one of them, then ask the NGO about the children that need education. Select a child and form a connection by speaking with them and making sure both emotional needs and financial needs are met.  When the sponsor becomes personally involved with a child, then they can ask the organization to send periodic reports of the sponsored child to know how the child is faring. They can also visit or write to the child periodically to maintain the bond.  4. Sponsor a child online If you are not interested in creating a one-on-one bond and just want to donate the money as a charitable contribution for income tax purposes, then you can donate online on the NGO site.  The government encourages its well-off citizens to contribute to the education of children who do not have the necessary funds to get admitted to schools and colleges. Donations related to the sponsorship program are eligible for a 50% tax exemption under Section 80 G (5) of the Income Tax Act 1961.  Thus, sponsorship acts as a two-fold beneficial tool. It will provide education to needy children and help the sponsor to claim exemption during the income tax filing.  5. No refund or cancellation Charitable organizations generally do not allow refunds or cancellations of donations by any donor. Hence be sure before making a payment. FAQs What is sponsorship? Sponsorship in the context of a child’s education refers to a program that allows an individual, a group, or a business entity to offer monetary contributions so that the money donated can help in educating the child. What are the benefits of sponsorship? The benefit of sponsorship is to give someone an opportunity to grow and develop their skills. Education sponsorship is meant for students who lack the financial means to support their education and can benefit from sponsorships to build a career for themselves. Conclusion By now, you must have come to know how to sponsor a child’s education effectively. The sponsorship program can create a positive impact on the life of a student who just needs an opportunity to break the cycle of poverty and improve their living conditions. TALK TO AN EXPERT

There are thousands of UK scholarships to fund your child’s college today. These scholarships are offered by local governments and universities to help children finance their education in a foreign country.  While some scholarships offer absolute funding, there are some that cover a portion of your child’s tuition— including program costs, living expenses, and return flights to the UK. Let’s dive into the different scholarships for the UK and how they can help you finance your child’s UK dream. https://www.youtube.com/shorts/sRiktJ_KLmo https://www.youtube.com/watch?v=Motf8zBtf4c Top scholarships in the UK to fund your child's college List of the best UK scholarships for your child: Scholarships for masters in the UK  Does your child intend to pursue a master's degree in the UK? Mentioned below is the list of scholarships for master's degrees in the UK: University of Reading Master’s Scholarship Marshall Scholarships CastleSmart Scholarships Cardiff University Elite International Scholarships Clarendon Scholarships by the University of Oxford University of Edinburgh Global Scholarships Queen’s University Belfast International Scholarships MBA scholarships in the UK  Mentioned below is the list of scholarships for MBA degrees in the UK: IKOS Scholarships Women in Leadership Scholarship The University of Strathclyde MBA Visionary Scholarship. Chevening Scholarships Commonwealth Masters Scholarships Commonwealth Fellowship Plan GREAT scholarships The Global Study Awards Charles Wallace India Trust Scholarships The Cranfield Trust Scholarships in the UK Inlaks Scholarship Felix Scholarship https://youtu.be/EyP3Li4ofNg Ph.D. scholarships in the UK Mentioned below is the list of scholarships for Ph.D. degrees in the UK: Imperial College London President’s Ph.D. Scholarships Gates Cambridge Scholarship The Royal Society Grants Carnegie Ph.D. Scholarships Charles Wallace India Trust Scholarships Commonwealth Scholarships for Developing Commonwealth Countries The Newton-Bhabha Fund Wolfson Postgraduate Scholarships in the Humanities Goa Education Trust Scholarships Saltire Scholarships Euraxess UK Scholarships Are scholarships enough to cover the cost of education in the UK? There are merit-based and need-based scholarships offered in the UK. Some scholarships typically only cover a portion of the cost of the course, the rest has to be covered by the student. Consequently, there are a number of costs to take into account when a student plans to move to the UK to attend college. These include tuition costs, university registration fees, security deposits, travel-related projects, lodging, food, and even trip-related travel expenses. You can use our College Cost Calculator to determine the precise cost of studying in the UK and help you acquire the funds you need to save for your future education. Additional read: Difference between grants and scholarships Cheapest universities in the UK International students can enroll in affordable degree programs at several UK universities. Each of the institutions listed here has a fantastic campus and offers students top-notch instruction, facilities, and services. Here is a list of the UK's least expensive universities: UK scholarships are a fantastic option to either partially or entirely finance your child's education. By improving their grades and participating in extracurricular activities, community service projects, and outreach programs, your child can also increase their chances of getting a scholarship. Consult an expert advisor to get the right plan TALK TO AN EXPERT