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According to Money Control’s recent statistics, “education inflation in India rose by 10% from 2012-2021” It has disrupted the lives of parents and aspiring children to ensure ease of admission. The data shows that education costs rose above food and healthcare despite the hard-hitting pandemic. "IIT (Indian Institute of Technology)- all units in the country, doubled their fees by Rs. 90000 to Rs 2Lakh for all undergraduate courses in 2021." The worst figures are yet to blow the minds. According to the Economic Times, “parents will have to spend 1.5 crores on the child’s education.” To ensure parents do not struggle to meet the growing costs of raising a child, here are some ways to deal with rising college fees for your child!  https://www.youtube.com/watch?v=VvqzQx8kCpw Ways to deal with rising college fees for your child 1. Invest via SIPs SIPs are ideal if you wish to begin small in the market. In this, you can start by saving ₹5000 every month for ten years at 15% interest (assumed), and you can accumulate up to 7.93 lakhs for your child’s education. A SIP provides long-term gains and consistent savings. Continuously diversify your SIP investments in 2-4 equity-oriented mutual funds with a mix of large and mid-cap investments. Tap into equity-linked saving schemes to save for a child’s college fees and save on tax. The earlier you invest in SIP for a child’s education, you may reap more returns. Start Investing in Mutual Funds 2. Invest in US Stocks You can invest in US stocks from India in 2 ways, that is, Direct investments in stocks and Indirect investments in stocks through Mutual Funds In the case of Direct Investments, you can invest in stocks through an overseas trading account with a domestic broker or by creating an overseas trading account with an overseas broker. In the case of Indirect investments, you can invest in US stocks from India in the form of  Mutual Funds, or ETFs (Exchange Funds Transfer and Investing Applications. As per RBI guidelines under the Liberalized Revenue Scheme (LRS), one can invest up to 1.9 crores or 250000 dollars per year. 3. Invest in PPF (Public Provident Fund) A PPF is a 15-year scheme that helps create a tax-free savings account for your child’s educational expenses. A guardian may withdraw some amount after 6 or 7 years of maturity. If your child wants, he too may contribute towards the fund after maturity. One can extend the account’s validity after maturity. Always remember, that PPF is a debt account. Hence, inflation blows might affect investments. The combined limit for the PPF account is 1.5 lakh per annum. Under Section 80C of the Income Tax Act, a PPF account with 1.5 lakh is eligible for tax benefits. One can leverage the use of interest and maturity amount tax exemptions. 4. Unit Linked Insurance Plan (ULIP)  Insurance companies provide ULIP with the flexibility to cover multiple investments under a single scheme for investors. With one policy, you can choose among high, medium, and low-risk investments. An investor can either choose a fixed sum or an investment premium. Evaluate the risk appetite and invest accordingly in the low, medium-, or high-risk investment options. In an unforeseen situation, investors can withdraw a sum after 5 years. The premiums offered are exempt from tax under section 80C. As per research, “A ULIP fund provides 10% returns on average.” For this, an investor must invest for 10 years in the ULIP funds. It is considered an ideal investment for a long-term child’s educational goals. 5. Fixed Deposit It is one of the safest options to eliminate the college fees blues regardless of inflation. Fixed Deposits provide guaranteed returns on investments. Always analyze the interest rates, yield, and interest compounding frequency from different providers before settling for one. The higher the interest rate you get on FD, the bigger the child education fund corpus. However, FD may not provide 10-15% returns, but it is a volatile-free debt instrument.  The current educational costs may vary significantly from future educational costs. EduFund eliminates the guessing game by providing a tangible view of investments through a trusted college calculator. The experts help design a personalized child education investment plan highlighting the guardian’s current income and future educational costs, hassle-free. FAQs What are some best ways to deal with college fees? While there is no one-size-fits-all solution, a few options can be explored depending on your monthly budget, your choice of college, and the stream your child wishes to pursue. Below are some of the best ways to deal with college fees.  Manage your Budget Creating a budget to manage your finances efficiently goes a long way in setting up a disciplined way of life. It helps in monitoring your spending, prioritizing essential expenses, and cutting down on unnecessary costs, thereby helping you save for your child’s education.  Invest Early Investing early on is a smart move as you get enough time to create a corpus of a substantial amount for your child’s education. This also saves you from borrowing money from relatives and taking on educational loans.  Invest in SIP (Small Investment Plan) Begin by investing small amounts in a smart investment plan. This will help you get comfortable with the idea of investing in education. A flexible investment plan is also a good option that allows you to increase your investment at a later stage.  Invest in US stocks You can invest in US stocks, either through Direct Investments or Indirect Investments.  Direct Investments allow you to invest in stocks through an overseas trading account with a domestic broker or by creating an overseas trading account with an overseas broker.  Through Indirect Investments, you can invest in US stocks from India in the form of Mutual Funds, or ETFs (Exchange Funds Transfer and Investing Applications).  Educational Loans An educational loan is also an option for those seeking to study abroad as well as for those who wish to educate their child in one of the expensive institutions in India. Edufund helps you in calculating your college costs along with living expenses providing you a transparent report of the expenses involved. Based on this, a suitable hassle-free loan option is provided.  Scholarship Programs Most educational institutions provide scholarships to students who excel in academics but are unable to bear the cost of expensive institutions. You can apply for the same after reading all the terms and conditions. The first step should be to avail yourself of a counseling session to deal with all the doubts and queries you may have. EduFund provides this first step in a very transparent and efficient manner. As mentioned above, solutions are provided based on your budget and requirements and you can choose the one that suits you the most. What is the best time to save for college fees? The best time to start investing would be as soon as you plan to have your child, or even earlier if possible. This helps in accumulating a decent amount by the time your child starts college. Having said that, it’s never too late to start investing. Begin your investment journey with right now! What are the 5 ways to save for college fees? Here are the 5 ways to save for college fees: Invest in SIPs (Small Investments Plans) Invest in US Stocks Invest in PPF (Public Provident Fund) Unit Linked Insurance Plan (ULIP) Fixed Deposit Why are college tuition costs rising so fast? There are several common factors which contribute to escalating tuition costs: Administrative costs: Many universities have seen significant growth in staff and expenses and investing in appropriate technology. Infrastructure costs: With growing competition, institutions need to keep adding or upgrading their existing infrastructure and facilities. Additional Services and Facilities: Additional services and facilities such as providing counselors, a robust medical service, and co-curricular activities such as sports, arts, trekking, excursions, etc. require additional manpower driving up costs for parents. Education inflation: Inflation that affects the general public also affects universities and institutions increasing operational costs. It increases the costs of studying and related education expenses. Technological costs: Technological advancement improves the overall education system, but it also drives up costs due to investment in infrastructure and equipment as well as in their usage training. Reduced Government Funding: The government can reduce its funding for several reasons and universities have to face the rising costs. It forces them to increase tuition costs to make up for the shortfall. What are the solutions to rising college tuition costs? Here are 2 solutions to the problem of rising college tuition costs:Invest in mutual funds: Mutual funds are the best way to beat the rising college tuition costs. They offer great returns and are often known to beat inflation. You can start an investment plan for your kid's future when they are in school and invest till they are off to college. Invest in US ETFs: Another way to beat college costs is US ETFs. They are great if you want to send your kid abroad to study. They can beat inflation, and rupee depreciation and they offer great returns in US dollars.

Incorporated in the midst of the Global Financial Crisis, Quantum Mutual Fund has been in existence for approximately two decades now. The AMC offers a variety of mutual fund schemes, including equity funds, debt funds, and hybrid funds. Quantum Mutual Fund is known for its focus on active management and its commitment to providing investors with high-quality investment products. Quantum Nifty 50 ETF Fund of Fund  Investment Objective The primary investment objective of the Scheme is to provide capital appreciation by investing in units of Quantum Nifty 50 ETF - Replicating / Tracking Nifty 50 Index.  Quantum Nifty 50 ETF Fund of Fund - Direct Plan is mandated to always invest at least 80 percent of its assets in large-cap stocks. Being a fund of funds, it invests its assets in a set of mutual fund schemes instead of the underlying securities directly.  Portfolio Composition  The portfolio is biased towards large-cap stocks, with 99.65% of the funds allocated to large-cap stocks and the remaining 0.35% to mid-cap stocks. Significant sectoral exposure is to Financials, which accounts for more than one-third of the portfolio. The top five sectors hold more than 75% of the portfolio. Note: Data as of 31st August 2023.Source: quantumamc.com and Value Research Top Holdings for Quantum Nifty 50 ETF Fund of Fund Name Weightage % Quantum Nifty 50 ETF 99.97 Tri-party repo (TREP’s) 0.03 Others 0.00 Note: Data as of 31st August 2023. Source: quantumamc.com  Performance for Quantum Nifty 50 ETF Fund of Fund Particulars Since Inception 1 Year Scheme (₹) 10.95 9.46 Nifty 50-TRI (Benchmark) 11.23 10.98 S&P BSE Sensex TRI (Additional Benchmark) 11.91 11.74 Note: Returns in % as of 31st August 2023. Source: quantumamc.com Fund Manager  The scheme is managed by Mr. Hitendra Parekh who has work experience of 29.5 years. He has been managing this fund since August 5th,2022.  Who should invest in Quantum Nifty 50 ETF Fund of Fund?  The fund is suitable for investors who are seeking.   Long-term capital appreciation.  An investment opportunity that invests primarily in units of Quantum Nifty 50 ETF – Exchange Traded Fund.  Why invest in this Fund?  The fund is a first-of-its-kind Nifty 50 ETF wrapper fund.  It can identify low-tracking errors of underlying funds.  No Demat account is required.  The fund offers investors an opportunity to diversify their portfolio across top Nifty 50 in different sectors.  It gives the opportunity to start an investment with as low as ₹500.  Time Horizon  One should look at investing for at least five years or even more.  Investment through a Systematic Investment Plan (SIP) may help in tackling the volatility of the broader equity market.  Conclusion The Quantum Nifty 50 ETF Fund of Fund is an open-ended fund that allows investors to invest in units of Quantum Nifty 50 ETF. It’s been just a year since this fund was launched. Thus, it will be important to monitor how the fund performs in the upcoming future. DisclaimerThis is not recommendation advice. All information in this blog is for educational purposes only. 

Studying abroad is a dream many students share but the path to realizing this dream is often filled with hurdles. From selecting the right university to finding suitable courses and securing scholarships, navigating the complexities of international education can be overwhelming. That's where a counselor for abroad studies comes in. A knowledgeable and experienced counselor can make a world of difference, providing expert guidance and ensuring you make the best decisions for your future. In this blog, we'll explore the key qualities to look for when choosing an education counselor for your abroad studies. Selecting an Overseas Education Counsellor Choosing the right counselor for abroad studies for your international education journey is a crucial decision. Here are the top qualities to consider when selecting an education counselor. 1. Excellent Communication Skills Effective communication is paramount when it comes to selecting the best counseling for abroad studies. They should be able to understand your profile, offer valuable advice, and assist with student visas and college applications, all while maintaining clear and concise communication. A counselor who can explain complex processes in an understandable way is a valuable asset. 2. Knowledgeable A counselor's expertise and knowledge are indispensable. Students seek their guidance for abroad counseling because of their in-depth understanding of the education system and processes. Your counselor should be able to confidently answer all your questions and provide clarity on various aspects of studying abroad. Request a Call 3. Personal Experience Personal experience can be a game-changer. counselors who have undertaken the same journey themselves can provide unique insights and empathize with your challenges and aspirations. Their firsthand experience adds credibility to their advice. 4. Presentation Skills First impressions matter. A counselor's ability to present ideas persuasively and professionally is a reflection of their competence. A well-presented counselor can inspire confidence in their clients and make the process more reassuring. Importance of Career Counseling Read More 5. Enthusiasm The counselor's enthusiasm is contagious. It sets the tone for your journey. A counselor who exudes positivity and excitement can make your experience more enjoyable. After all, you'll be spending a considerable amount of time with them. 6. Facilities for Additional Services Consider the best counseling for abroad studies who go the extra mile by offering additional services. These could include assistance with securing admission, visa processing, bank loans, and documentation. A counselor who provides comprehensive support can ease your path significantly. 7. Confidentiality Trust is paramount in the counselor-student relationship. Your counselor will have access to sensitive information about your academic and financial status. They must handle this information with the utmost confidentiality, ensuring it remains between the two parties involved. 8. Review The Reviews While reviews can be a valuable source of information, they should be approached with caution. Not all reviews are reliable, and some may be misleading. Look for testimonials on official websites and awards received by the counselor. Additionally, check their social media presence and Google Maps reviews for a more accurate assessment to get the best career counseling for abroad studies. 9. Transparency Transparency is non-negotiable. A reputable consultancy should be upfront about both its strengths and weaknesses. Be cautious of consultants who make unrealistic promises, such as guaranteed admissions or scholarships. Genuine consultants will guide you honestly, even if it means pointing out your mistakes. Secure your Child’s Study Abroad Journey with EduFund Selecting the best counselor for study abroad is crucial for a successful study journey. Your counselor should possess excellent communication skills, deep knowledge, personal experience, and enthusiasm. They should also offer additional services, maintain confidentiality, and demonstrate transparency. Carefully research and evaluate counselors before entrusting them with your overseas academic future. In your pursuit of finding the perfect investment strategy, consider exploring EduFund. With EduFund, you can customize the best investment plan for your child's education and secure their academic future from the comfort of your home. EduFund is your one-stop solution for planning and saving for your child's education. Remember, your choice of counselor for abroad studies can greatly influence your study abroad experience. Make the right choice to ensure a smooth and successful journey toward your educational goals. TALK TO OUR EXPERTS

Introduction The rising cost of education is a cause of concern for parents as everyone can't afford the hefty fee structure.  Parents should look to start saving for their child’s education, especially for college and higher studies from an early age. It helps to lower the monetary burden considerably. Education fees are like any other necessary expenses that last for a considerable time, hence, parents have to prepare for them with a proper plan. College education expenses are going to be massive and the sooner a parent starts planning, saving, and investing the chance of a better future becomes more feasible. One of the best ways to do so is through regular SIPs as it will help reduce any monetary hassles during college. What is a SIP? SIP or the Systematic Investment Plan refers to the investment tool associated with various mutual funds. SIP allows investors to invest money periodically for a long period.  Additional read: How SIP Calculator Works? What should parents do for their child’s college? Parents can explore the SIP option as it is a tried and tested method of saving for a child’s college. Financial independence will help your child to get a college education without the hassle of arranging for appropriate funds. Research the funds that are performing well for a longer time and shortlist the names that show good potential. It is important to start investing in SIP as early as possible as it will give you a longer window to save more. When parents start investing early then they have a long time in hand. For example, if Mr. Sharma has been investing in his child's education for 10 years then his investment amount will be lower with greater returns as compared to Mr. Pascal who may have invested for only six years. A more extended period means less investment and more returns. Create a rough layout of the child’s future regarding education, especially college fees as it is very expensive. Invest in mutual funds that have a diversified portfolio to reduce the risk of losing money all at once. Take the help of experts in the EduFund App to make wiser and safer investment decisions.  Consider the additional expenses the child will need besides the tuition fees and save accordingly. Tax-saving benefits are attached to several mutual fund schemes that can help parents save a considerable amount through tax exemptions. Why is SIP beneficial for saving for your child’s college and future? SIPs are based on the compounding theory and prove more advantageous at the end of a specific period. The interest rates are calculated and added based on compound interest which brings forth a better investment return than simple interest.  SIPs help parents become disciplined and regular investors who are fully involved in their child’s future. In this era, where everyone is so busy, SIPs are very easy to handle. Investors are allotted units every month based on the NAV at the time of their SIP. The amount is automatically deducted from the account of the investor. SIP helps to gain control of the finances as it is possible to start or stop a SIP at a time. It helps investors to earn greater returns compared to other investment opportunities like fixed deposits. It is possible to start an SIP investment with as low as INR 100 per month, hence anyone willing to invest in their child’s future can do so easily.  Some SIPs like ELSS funds have tax benefits, hence it is doubly advantageous for the investors to invest in such schemes. Numerous asset management houses offer SIP options to meet even the minimum criteria of an investor. The most important benefit of a SIP for regular investors is that they can buy mutual fund units at different prices. The average investment premium is much lower compared to other investments. Best SIP Mutual Funds to Invest in Read More FAQsIs SIP good for college students?  Systematic Investment Plans (SIPs) can be a good investment option for college students who want to start building wealth and saving for future goals. SIPs let you invest small amounts regularly, which can help inculcate a savings habit.  How much should I invest in a SIP for my child's education?  The amount you should invest in a SIP for your child's education depends on several factors, including the future cost of education, the time horizon until your child starts college and your financial capacity. It's wise to consult a financial advisor to determine an appropriate investment amount.  Is SIP safe for students?  SIPs are considered a relatively safe investment option, especially when investing in mutual funds. However, like all investments, they come with some level of risk. It's essential to choose SIPs that align with your risk tolerance and financial goals. The risk might be reduced by varying your investments.  What is the best investment for child education?  The best investment for child education varies depending on your financial goals and risk tolerance. Common options include SIPs in mutual funds, education savings accounts, fixed deposits, and dedicated education plans. It's crucial to consider factors like the time horizon, expected returns, and risk before choosing an investment option. Diversifying your investments can also be a prudent strategy. Consulting a financial advisor is recommended for personalised guidance.  Conclusion Doesn’t SIP sound like a good investment tool to save for your child’s education? It is one of the best and the most preferred options by parents all over the world.  The Edufund App helps Indian parents plan and save for their children’s education easily and effectively. Parents can calculate the future costs of college and save towards their goals in mutual funds with the help of the SIP Calculator available. The SEBI registered investment advisor also has financial experts to guide parents in choosing suitable savings plans. Investors can choose from 4000+ mutual funds, US stocks, and digital gold, speak to experts, and enjoy tax benefits while saving for their child’s education. TALK TO AN EXPERT

The Rhodes Scholarship for Oxford University is one of the most revered scholarship programs in the world. The visionary project helps outstanding students with academic excellence to undertake postgraduate and Ph.D. study courses at Oxford University. The world-renowned Rhodes scholarship program includes study courses in several fields like social science, humanities, advanced computer science, physical science, mathematics, life science, etc. It is a golden chance for students to pursue a degree to their heart’s content without the headache of funding. Rhodes scholarship program Rhodes scholarship is offered to students who show signs of intellectual distinction. The prestigious program is a fully-funded award that enables students from all over the world to study postgraduate and Ph.D. programs at Oxford University. The Rhodes Scholarship for Oxford University is offered for two years. The duration of the scholarship is usually extended to meet the demand of the course duration. “But what advantages does the scholarship program entail?” Read on to find out. Apply for Scholarship Rhodes scholarship rewards The scholarship rewards include: Course fees or university fees An annual stipend that is offered to international students for managing travel expenses and accommodation expenses Cost of a Tier-4 study visa  Health insurance or the associated HIS or International Health Surcharge Covers the admission application fees after the student’s selection at the university Two flight tickets of economy class to and from the UK The students are offered settling-in-allowance  The students who want to transition to some other course at the university do not have to fear the process as it is the Rhodes Trust that takes total responsibility for further visa renewal and IHS application Important facts about the Rhodes Scholarship for Oxford University The exclusive program is open to only 100 students who want to study in the UK.  The scholarship application form is available on the official website of Rhodes Trust.  The selection criteria are purely based on academic performance and the interview process. For the year 2023, the application dates were from 1st June 2022 to 2nd August 2022. What qualifies you as an ideal candidate for a Scholarship? Read More Eligibility criteria for entering the Rhodes Scholarship program Students should always check the eligibility criteria before applying for the scholarship program. It is available only to those international students who are arriving in the UK for the first time to study.  Due to the limited number of scholarships offered, the eligibility criteria for this program are very stringent. The applicant must take into consideration the following factors: The student has to be a citizen of his home country for instance an Indian living for the last few years in Bhutan is not eligible for the Rhodes Scholarship. On the other hand, an Indian student who is residing in any part of India holding Indian citizenship is eligible to apply for the said program. Students must have a valid passport as they have to submit proof of citizenship while applying for the Rhodes Scholarship at Oxford University. The student must have a formal degree from a recognized board of study and a first-class undergraduate degree.  At the time of submitting their application, the student should be 26 years or less of age. Students must submit two letters of recommendation from the last faculties with remarks on their academic performance. The scholarship program is merit-based, no doubt but, it gives ample credence to students who have made a favorable impact on society through their positive efforts. Applicants who possess value-based and positive soft skills like benevolence and leadership have a better chance of a scholarship. Additional read: Fulbright scholarship program Is the Rhodes scholarship enough to meet the needs of a student?  “Is the Rhodes Scholarship enough to cover your child’s Oxford education?” is one of the most common queries that floats around students who are interested in attending Oxford University. There are only 100 scholarships available and the number of students from various countries is already fixed. For instance, only five students from India are eligible to become a part of the university campus through Rhodes Trust. The current scholarship amount is $20,883, which amounts to INR 15,57,923 annually. It is renewed yearly in a hassle-free manner through the trust. The stipend offered to international students amounts to GBP 15,900 per annum or GBP 1,325 per month. As the Rhodes Scholarship for Oxford University is a fully-funded program it proves enough to meet the needs of the scholarship students. The program generally covers all the viable expenses that the students will incur during their stay at the university. FAQsWho is eligible for the Rhodes Scholarship?  Eligibility for the Rhodes Scholarship varies by country, but generally, candidates should be exceptional students or recent graduates with strong academic records, leadership qualities, and a commitment to making a positive impact on the world.   What is the Rhodes Scholarship for Indian students?  The Rhodes Scholarship for Indian students is a prestigious international scholarship that allows outstanding Indian students to study at the University of Oxford in the United Kingdom. It pays for tuition, living expenses, and travel expenses.  Can an Indian apply for the Rhodes Scholarship?  Yes, Indian citizens are eligible to apply for the Rhodes Scholarship, provided they meet the criteria and qualifications set by the Rhodes Trust. India is one of the eligible countries for this scholarship.  Is the Rhodes Scholarship tough?  Yes, the Rhodes Scholarship is highly competitive and challenging to obtain. It requires excellent academic credentials, strong leadership skills, a well-defined purpose, and a commitment to public service. The selection process is rigorous, making it a tough scholarship to secure.  Conclusion The merit-based Rhodes Scholarship for Oxford University has managed to leave a positive mark in the international arena.  The college-specific degree helps outstanding students gain experience in studying post-graduate courses and Ph.D. programs at such an august institute without the burden of hefty fees. Think the competition for the Rhodes Scholarship Program may become a massive hurdle in financing your child’s education? Fret not because EduFund is here. Explore many saving options with us and start planning for your child’s education in advance. TALK TO AN EXPERT

Introduction The Fulbright scholarship for US education is one of the most prestigious awards offered by the US Department of state. The fully-funded merit-based program is administered by the Fulbright Commission along with the US embassies all over the global arena. The Fulbright Scholarship helps deserving students to continue with their academic endeavors. It is a brilliant way of promoting cross-cultural understanding and international collaboration because the scholarship is meant for both US students and international students. Fulbright scholarship program The Fulbright scholarship for US education is a fully-funded scholar program that includes two different scholarships. The first is for US students who want to travel abroad, and the other is meant for international students who want to travel to the US for further studies. Students who already have an undergraduate degree can apply for this scholarship program which covers funding for graduate studies, Ph.D. programs, Master’s degrees, or scholarly research. The program is for almost all fields of study like STEM fields, social sciences, business, agriculture, humanities, performing arts, etc. The Fulbright US student program is offered to 2,200 US students who want to travel to one of the 160 countries where the program is operational and 4,000 international students who want to travel to the US for higher studies. Important facts about the Fulbright scholarship program for US Education The Fulbright scholarship for US education is for an academic year only. Whether it is for the US academic year, which lasts from August to May, or the academic year of the host country depends on the course study. It is possible to extend the period to one more year only if the host country’s Fulbright Commission deems it necessary. The application form is available on the Fulbright Scholarship website, where the candidate has to select their country and fill it up with the necessary documents. The grant is fully funded, which helps students to lead a comfortable life without the worry of funds for the fee structure. The purpose of the grant is to support both US and international students who are interested in further studies but are unable to do so because of a lack of funds. The internationally acclaimed award encourages cultural exchange and cooperation between students of different countries. Additional read: Rhodes scholarship program Eligibility criteria for entering the Fulbright Scholarship Program The eligibility criteria for the Fulbright scholarship for US education include Applicants should be a citizen of the United States at the time of application, whereas international students entering the US must also be a citizen of their home country. Candidates who have served in the armed forces of the United States are given preference if their qualifications match the requirements and are equivalent to the qualifications of the rest of the candidates. Students in the US should have their bachelor’s degree, and international students should have an equivalent degree by the time they leave their place for further studies. Candidates must show proficiency to complete their study course or project. They must have experience in community service. Foreign applicants must not have any other degree in the US before they submit their application. Employer's endorsement is necessary for working candidates. Applicants have to be willing enough to represent their culture and serve as noble citizens of their country. Members and staff of the scholarship board, along with their immediate families, are not eligible for the Fulbright Scholarship Program. Is the Fulbright Scholarship program enough to meet the needs of your child’s US education? The Fulbright Scholarship Program is funded by the US Congress through an annual appropriation to the US Department of State’s Bureau of Educational and Cultural Affairs. It is also supported by host institutions, participating governments, various corporations, and different foundations from all over the world.  The Fulbright Scholarship grant includes Coverage of full tuition fees  Provides the required textbooks to the students Accommodation Two tickets from and to the country of study J-1 exchange visitor visa Monthly maintenance or living stipend Health insurance Settling-in-allowance Research materials and enrichment activities (optional) Computer (optional) Even though a Fulbright grant is a fully-funded program, it might not cover all the associated costs of studying abroad.  It is important to plan and save money for a study-abroad experience. The Edufund app helps Indian parents in the process of planning, saving, and managing money for their child’s education, be it abroad or in India.  FAQsWho is eligible for the Fulbright Program?   Eligibility criteria for the Fulbright Program can vary by country and program type. In general, applicants should be citizens or nationals of the participating country, hold at least a bachelor's degree, and have proficiency in English. Specific eligibility requirements will be available on the Fulbright Program website for each country.  What is the Fulbright scholarship?   The Fulbright scholarship is a prestigious international exchange program sponsored by the U.S. government. It provides opportunities for students, scholars, and professionals from various countries to study, conduct research, or teach in the United States and for Americans to do the same abroad. The initiative fosters intercultural dialogue and mutual understanding.  What is the Fulbright Program about?   The Fulbright Program is about fostering international cooperation and understanding through educational and cultural exchange. It offers a wide range of scholarships and grants to individuals from diverse backgrounds and fields, allowing them to engage in academic and cultural experiences abroad. The program emphasises promoting global peace and collaboration.  What is Fulbright Scholarship India? Fulbright Scholarship India refers to the Fulbright Program's opportunities and initiatives specifically tailored for Indian citizens. Indian participants can apply for various Fulbright scholarships, fellowships, and grants to pursue academic and professional experiences in the United States, such as research, teaching, or advanced study in their respective fields. These opportunities aim to strengthen ties between India and the U.S. through educational exchange.  Conclusion The Fulbright scholarship for US education is an educational exchange international program to build long-lasting connections between the US and other countries. The flagship program is one of the most effective ways of making dreams come true, enhancing learning, gaining diverse experiences, and unlocking innumerable opportunities for career growth. TALK TO AN EXPERT

According to an Indian Government survey, 44% of Indian students wish to move to the USA for higher education. Good quality of education, better job opportunities, and a healthy lifestyle are some reasons behind this demand.   However, there are many obstacles like high costs, limited seats, and intense competition. Let's look at 5 reasons why your child could miss their American dream! 5 reasons why your child could miss their American dream! 1. Lack of funds and savings Lack of funds is the top reason why your child could miss their American dream. The United States of America is home to some of the costliest universities in the whole world. Some of them are the University of Chicago, the University of Pennsylvania, Tufts University, Harvey Mudd College, and so on. The tuition fees of universities in the USA depend on which course you are pursuing. If you are pursuing an undergraduate degree in engineering, it will cost you around $40,000 to $80,000 per year (Rs 31,79,800 to Rs 63,59,600). Similarly, if you go for a medical or law degree, it will cost somewhere around Rs 1,98,73,500 if you go for a public institution and Rs 2,62,33,185 if you go for a private institution. Your child can apply for scholarship programs in the universities. If you feel that the cost is going beyond your budget, you can apply for a loan from a bank. Another solution is to start investing in long-term instruments like mutual funds if you have a time horizon of 8-10 years. You speak to a financial expert if you are looking at a shorter duration. Invest for their dreams with Mutual Funds 2. Not meeting the Eligibility Criteria  Another reason why your child could miss their American dream is eligibility criteria. To get admission to the respective university, you need to fulfill all their requirements. It is essential to understand the eligibility criterion so that your child might not face any problems later.   For example, if your child wants to get admission to Harvey Mudd College, then he or she needs to present a coalition application, school report, counselor recommendation, official high school transcript, and appropriate funds to cover the fees and cost of living. All the documents should be presented properly and your child should meet all their requirements.  3. Incomplete university applications   Application is one of the most important parts of the complete procedure. During this process, you should make sure that all your documents are ready beforehand and that your application form has no errors. The application form goes through a verification process in which every detail that you have filled in is checked. If the management of the university you are applying to finds out that the information you have provided is wrong, they might reject your child’s application.   Let’s take the example of the Massachusetts Institute of Technology. If you are applying to this university, you will have to fill out an online application which costs $75. They require you to present your past grade scores, coursework, competitive scores, and so on. Furthermore, they also expect you to take up competitive tests like SAT, PTE, TOEFL, and IELTS depending on the course you want to pursue.  GET 100% FUNDING FOR USA UNIVERSITIES USA University Fee Structure Read More 4. Not getting a US visa on time It is extremely important to get a USA student visa if you are going for higher education in the USA. Before you get a visa, a recognized university in the USA needs to accept your application which is certified by the student exchange and visitor program. Once your application gets accepted by the server, you will receive a form I-20 or DS-2019 which you will have to fill out accurately. The process can take weeks and the US visa office may require a set of documents that you need to provide to get the stamp. 5. Currency conversion rates   The rising cost of education is one of the major factors that can affect your child’s American dream. The inflation in education in the USA has been on the rise. According to EducationData.org, the inflation in higher education in the USA is 8% more than the annual retail inflation. The general living cost in the US is more than in India.   Furthermore, most of the parents make money in Indian Rupees rather than Dollars. The currency conversion rate provides 1 USD for every Rs 80. The currency rates alone can make US education far more costly for Indian parents.  These 5 reasons why your child could miss their American Dream should not stop you! Saving in dollars and preparing your child academically to impress the admissions committee – are two ways to support their dreams! Connect with our financial and education experts to turn this dream into a reality. Join our WhatsApp Community to learn more! FAQs How much does it cost to study in America? The USA is considered one of the most expensive destinations for studying abroad. : On average, public universities charge an annual tuition fee ranging from $8,000 to $35,000. Private universities in the USA charge between $25,000 to $55,000. The costs differ based on duration, university, and course. Is the USA cheap to study? No, the USA is not a cheap place to study. The costs can go up to Rs. 50 to 60 lakhs for many courses in the country. Is the USA good for Indian students? The USA is great for Indian students and the most preferred destination for Indians. It offers a wealth of opportunities to grow and make a successful career.

New Zealand is a popular educational destination for studying a host of subjects from Business and Management to Tourism. As per NZ immigration info, there are over 1 lakh international students studying in New Zealand. Yet, sending your child to a foreign country is not cheap. Here are some tips on how to send your child to New Zealand debt-free. Why choose New Zealand for your child’s higher education?  Top 8 universities rank in World University Ranking Top 500 Affordable cost of studying as compared to the US, Canada, and the UK It hosts a plethora of opportunities for experimental and theoretical learning Around 97% of students get placed right after the degree completion; Students on scholarships may work 20 hours as a part-time Reasons to Study in New Zealand for Child Education Read More How to send your child to New Zealand? 1. Check education eligibility criteria  New Zealand requires Indian students to have the following requirements to study at their top universities:  Relevant 12th certificate / undergraduate degree from a recognized school/ university IELTS/ TOEFL score qualifications Statement of Purpose GRE OR GMAT scores Valid passport Bank statement as proof of financial coverage 2. Apply for Student Visa  International students wishing to study in New Zealand for more than 3 months must hold a relevant VISA. Indian students can opt for Fee Paying Student VISA. Having this VISA, an international Indian Student can learn, stay, and work part-time in the country for up to 4 years. On the flip side, students planning to land with guardians can opt for a generic Student VISA. Students must apply for the VISA 6 months earlier. Student Visa Qualification Requirements Valid passport, which must be valid for at least 6 months Age - 17-25 Student Visa Application Form and Fees ( ₹14,791) Proof of funds to cover your expenses, study, and accommodation costs Acceptance letter from the University, your child enrolled to confirm the eligibility for the particular course  Evidence of guarantor and their relationship to the child Evidence of tuition fee Duly signed and attested certificates for Health and Character IELTS Score Requirement - 6.0 Top Affordable Universities in NewZealand Read More 3. Explore the government-funded scholarships  The primary criterion to qualify for a New Zealand scholarship is MERIT. However, the cost of education depends on the location, course, university, and educational level. Some universities in New Zealand consider extra-curricular activities and volunteering experience as the base for providing scholarships. Always check the eligibility criteria before applying for New Zealand Government Scholarships. Some scholarships waive 100% of the tuition fee while others may waive a part.  Apply for Scholarship with EduFund Government Funded Scholarships:  NZIDRS (New Zealand International Doctoral Research Scholarship) for Ph.D. courses. (₹12,48,178.25) for a living stipend New Zealand Development Scholarships  New Zealand Commonwealth Scholarships for master’s degrees and PhDs (₹1,49,827.16 as Allowance) NZIUFS (New Zealand International Undergraduate Fees Scholarship).  Agatha Harrison Memorial Fellowship i) University-funded scholarships for Indian students Victoria Doctoral Scholarships It is provided to all the Doctorates studying at Victoria University of Wellington ($23000 (₹11,48,827) stipend + Fees)  Bamforth Postgraduate Scholarships Post-graduate students studying at the University of Otago are eligible for the scholarship. It waives tuition fees and provides $13000 (₹6,49,172.68.) University of Waikato International Scholarships The scholarship is for all Undergraduates and Postgraduate Indian Students. It waives off $5000 (₹2,49,704.09) tuition fees. University of Auckland Doctoral Scholarships International Students pursuing a Doctoral in the University of Auckland are eligible for it. Waives off $27,300 ((₹11,48,827) plus other compulsory costs. ii) Studentships provided by New Zealand This funding type is usually provided for a specific project, covering the cost of tuition fees and research material. It also offers stipends to students. Check for the eligibility requirement from the respective university or educational institution. Universities of Auckland, Otago, and Waikato University provide such studentships to Ph.D. students.  These are some ways to help your child study in New Zealand Debt-free. Scholarships are the best way to send your child to a foreign country without any financial stress. If you are someone who is planning to send your child to a foreign country in a few years then investing and saving early for your child’s higher education is a must! FAQsHow can I send my child to New Zealand for education without incurring debt?  To send your child to New Zealand debt-free, consider applying for scholarships and grants, researching low-cost educational institutions, and saving money in advance. Explore part-time work opportunities for your child and create a budget to manage expenses effectively.  Are there specific scholarships available for international students in New Zealand?  Yes, New Zealand offers several scholarships for international students. These scholarships may be provided by the New Zealand government, universities, or private organizations. Research and apply for scholarships that align with your child's field of study and qualifications.  What strategies can my child use to cover living expenses while studying in New Zealand?  Your child can cover living expenses by working part-time during their studies, choosing affordable accommodation options, and creating a realistic budget. Encourage them to explore on-campus employment opportunities and manage their finances responsibly.  How can I start saving early to fund my child's education in New Zealand?  Begin saving for your child's education in New Zealand by setting up a dedicated savings account or investment plan as soon as possible. Consider options like mutual funds, US ETFs or any investment vehicle that can beat education inflation. Regularly contribute to this fund and take advantage of compound interest to grow your savings over time.  TALK TO AN EXPERT

What does refinancing a loan mean?   Refinancing an education loan lets a new lender take over the existing loan and pay out the old lender. The new lender typically offers a lower interest rate on your loan, may offer a refinancing bonus, and provides better pay-back terms and service, making the shift attractive.    Why do students refinance education loans?   Most education loans have a tenure ranging from 5 years to 20 years. During this tenure, the loan rates may change in the market, and the current lender may not pass on the benefits of lower interest rates to the borrowers.    To ensure your education loan has the lowest interest rates, you can monitor the education loan market closely after taking the loan. Even a slight lowering of interest rates can impact the repayment tenure or per month EMI. As your child starts their career and begins to repay the loan, every small amount saved will enable them or them to repay the loan faster.    There are usually three main reasons to refinance an education loan:    To optimize the monthly pay-outs   Lower the interest rate   To change the loan tenure   Additional read: 5 ways to make getting an education loan easier for your child What are the eligibility criteria to refinance an education loan?   To refinance an education loan in India, the student should have taken the loan to pursue graduation or post-graduation degrees from well-known institutes and colleges.      The repayment process of the education loan usually begins once the student has already started earning.   Accordingly, the student should have completed the course and either could have begun the repayment process or be in the process of starting repayment.    The borrower must have a good credit history and score, with financial resources in terms of a regular salary to pay back the EMI month after month. Most lenders will also check on the other debt that the borrower may have.    Dos and don’ts of refinancing an education loan   Apply for Education Loans While refinancing an education loan, ensure you do the following:   Do due diligence before rushing in to shift the loan to a new vendor. In India, refinancing a loan may invite charges from the old and the new lender. The Old Lender typically charges a foreclosure penalty, and the New Lender has processing charges upfront that will add to the overall payout. Before deciding to shift your lender, check on the additional costs that the refinancing will incur.   Monitor the education loan market carefully. Changing rates can impact the total amount payable by you considerably. When you find the market rates dropping, you can speak to your existing lender to refinance your existing loan at the current rate or connect with a new lender for the same.    Opt for a fixed interest rate, and explore the possibility of a student loan refinancing bonus. These amounts can considerably impact young students starting out in their careers.    If your child’s refinancing application has been rejected initially due to low salary / insufficient funds, a promotion or salary increase can make them eligible later. Ensure your child uses these career developments smartly to refinance the education loan.    Instruct your child not to default on the student loan as it impacts the individual’s credit score in the long run. Poor loan repayment habits will affect their chances of getting a refinance and even new loans in the future.    To see how a change in interest rates will affect the monthly pay-out and tenure of your education loan, check out our Loan Calculator. This will help you understand the benefits of having the education loan refinanced.    If your refinance application is rejected for any reason, you will do well to start saving money through our various investment options and build your own corpus to settle the education loan at the earliest. Early loan repayment helps you minimize the interest you are paying and keeps your overall payout under control. FAQsIs it good to refinance student loans?  Refinancing student loans can be a good financial decision if you can secure a lower interest rate than your current loans, potentially reducing monthly payments and saving money over the loan's lifetime. However, it may not be suitable for everyone, so carefully evaluate your situation before deciding.  What happens if I refinance my student loans?  When you refinance your student loans, you basically take out a new loan with different terms to pay off your existing loans. This may result in a lower interest rate, a different repayment term, and a new lender. It can lead to lower monthly payments, cost savings, or both, depending on the terms of the new loan.  What is not a good reason to refinance a student loan?  Refinancing may not be a good idea if you're relying on federal loan benefits such as income-driven repayment plans, loan forgiveness programs, or deferment/forbearance options. Refinancing federal loans into a private loan could make you ineligible for these valuable benefits. Additionally, if you have a low credit score or unstable income, refinancing may not yield favourable terms.  Is it beneficial to refinance a loan?  Refinancing a loan can be beneficial if you get lower interest rates, reduced monthly payments, or faster loan repayment. It can save you money and simplify your financial situation. However, the benefits depend on your specific circumstances, so it's essential to carefully assess the terms and compare them with your current loan before refinancing.  TALK TO AN EXPERT

How do education inflation and rupee decline affect the cost of studying in the USA? After remaining low during the first & second waves of the pandemic, education inflation is now emerging drastically.  According to the Ministry of Statistics and Programme Implementation, the rate of education inflation in India was approximately 0.63 percent until April 2021. In May 2021, it increased to 1 percent. But in 2022, the rate has increased to 4.12 percent! On the other side, the rupee depreciation continues to affect overseas education, from everyday items becoming pricer to skyrocketing tuition fees. How education inflation and rupee decline is affecting USA academic costs? According to reports, the rupee hit 79 against dollars. This means, that the rupee currency is falling, while the dollar is increasing. The fall in the currency can be a result of certain parameters, including: Emerging crude oil prices Higher current account deficit The rising educational cost cannot solely be attributed to higher tuition fees. Different parameters affect the overall academic expense in the USA. Some are: Accommodation cost: Students stay in hostels or pay guests. Nearly 50% stated that their living costs have increased around 1.5 times. Food expenses: Increased food prices lead to a higher budget on daily products a student spends each day. Because of the increased prices of travel expenses, food, and beverages, students abroad need to deal with expensive educational costs. Important factors that affect the educational expense in the USA Administration expenses Technological updates by academic institutions Transportation charges become another factor In short, the depreciating Indian rupee against US dollars directly impacts a student’s education. Learners who plan for higher education overseas in the US will bear the brunt of the sharp depreciation of rupees against US dollars.   They must determine the exchange rate fluctuations and plan their finances accordingly. Nonetheless, the ongoing rupee-dollar exchange rates shouldn't influence a scholar's dream of studying abroad. So, they must plan & evaluate the alternatives too. Outlining the impact: cost of living & tuition costs Tuition & living costs are two crucial elements that affect a scholar's overall expenditures while studying in the USA. In today's age, the rupee is losing streak, leading to higher cost of living and fees. So, an Indian scholar who had paid 65 rupees per dollar in 2017 has to pay 78.20 rupees for every dollar in 2022. How should parents support a child to overcome this situation? Managing the situation is the only step left for students who wish to study abroad. Aspirants and their parents set aside a value of the corpus for foreign education after factoring in the initial requirements. The calculation evaluates the total loan amount. Pupils who don't determine the charges of native currency fluctuation against the destination's currency may face difficulties in the future. The INR's depreciation against dollars impacts the burden of studying in the USA. Exchange rate fluctuations send financial planning downhill. And it adds to the overall financial stress. Parents who fund educational expenses can save in US stocks. On this note, the EduFund app comes in handy. The app is India’s first investment advisory application that focuses on higher education. It allows you to invest in the SIP mutual funds & build a more prosperous future for a child. Alternatively, loan schemes are also important for scholars. Students who manage their own finances may choose financial loans to cover tuition fees and their cost of living. They can also invest in secured education loans tied to the collateral's value or education expenses. They cover full tuition fees as determined by the university and the living cost. In addition, students can also apply for a second education loan when they have an existing loan. But in that case, additional funds are required to finance their overseas education.  Another striking way to escape the fluctuations is by getting a scholarship. Scholarships are a blessing in disguise for deserving candidates.  FAQsHow does inflation affect the education system?  Inflation can impact the education system by driving up the cost of tuition, textbooks, and other educational expenses. As prices rise, students and families may struggle to afford higher education, potentially limiting access to quality schooling and increasing student loan debt.  Why is education so expensive in the US?  Several factors contribute to the high cost of education in the US, including administrative expenses, faculty salaries, infrastructure, and the availability of federal loans. Additionally, a lack of strong government funding for public universities and the competitive nature of higher education can drive up tuition fees.  What is the inflation rate for higher education in the US? The inflation rate for higher education in the US varies from year to year but tends to exceed the general inflation rate. On average, it has been around 2-3% higher than the overall inflation rate, making college and university costs grow faster than other goods and services.  What is the correlation between inflation and rupee value?  Inflation can have an inverse correlation with the value of a currency like the rupee. When a nation experiences high inflation, the purchasing power of its currency reduces, leading to depreciation. However, other factors, like interest rates and economic stability, also influence currency values.  Conclusion Since the rupee is losing its value against dollars, foreign education becomes more expensive. One's decision to pursue higher education abroad doesn't necessarily have to be influenced by ongoing trends of rupee-dollar exchange rates. Aspiring students and parents must conduct an intensive survey about both countries' economic aspects. In addition, they must also plan to send students for overseas education. These are just some ways education inflation and rupee decline affect the cost of studying in the USA. Consult our professionals today to protect your child’s fine future! Consult an expert advisor to get the right plan TALK TO AN EXPERT

Education inflation directly affects your child’s higher education decisions. From which country to study to what they should study is directly affected by inflation. Education inflation increases the cost of tuition and a host of other educational expenses that are bound to impact your child’s future plans.   Education inflation affects your child’s higher education decisions in a number of ways such as:   1. Location of Study   While many students aspire to study abroad or at top-notch universities, not everyone can afford it. The cost of education across the globe is rising and to attend the world’s best universities, you either need an education fund or take on student loans to pay the fees. Unfortunately, most Indians do not have an education fund and not everyone is entitled to an education loan, thus, students have no choice but to look for cheaper alternatives without compromising on the quality of their education. For instance, a medical degree in India from a private college can cost you up to 1 crore, since most parents cannot pay this expense, they send their children to countries like Russia, Ukraine, Bangladesh, or Nepal to study medicine.   2. Course Preference  Education inflation can affect the child’s higher education decisions like what to study. Your child may be a great artist or cartoonist and aspire to study graphic design and illustration. The cost of studying in a graphic design program can be huge and most parents cannot afford it. Unfortunately, this may push the child to opt for a different course that is cheaper and inexpensive in comparison.   There are certain degrees that can be more expensive to afford and may force students to choose inexpensive alternatives affecting their course preferences as well as future career preferences.   3. Monthly Expenses  Education inflation affects your monthly expenses as well. It not only drives the cost of studying to rise but also affects everyday costs that are linked with education. As a student living abroad or in a different city, there are living costs to consider. Students have to bear the growing cost of rent, food, travel, and other expenses and budget accordingly. There are some cities that are cheaper than others and students must make certain lifestyle decisions in response to the rising education inflation in the world.   Sharing an apartment with your friends, limiting your expenditure, or taking up part-time jobs to cope with daily expenses are some ways education inflation may affect your child’s higher education decisions. Many students even opt for countries that allow longer working hours for students to cope with the expenses and ease the burden on their parents.    Additional read: 5 reasons why your child's college education is at stake 4. Variable Costs   There are many hidden costs of studying that parents do not consider. Buying a new laptop for a course, paying maintenance fees, security deposits or opting for a program to upskill can be some variable costs of studying. These are hidden expenses that all students and parents have to pay and can affect your overall education budget.   5. Career Prospects   Another aspect of higher education is career prospects. Every child has to consider the scope and ROI of their course and whether the college provides any placement assistance. Consider you want to send your child to the UK for their higher education, you need to consider if they can apply for a post-study work visa and make the most of their degree. This gives them a greater ROI on their course and the prospect of working in the country directly impacts their decision to study there in the future.   6. Dropout Rates  The 2020-21 report by Unified District Information System for Education Plus (UDISE+) revealed that the annual dropout rate of secondary school students was 14.6%. Girls are more likely to drop out of school or college due to rising costs than boys. While college is a stepping stone to success, many are not fortunate enough to apply for it or see it through.   These are some ways education inflation can affect your child’s higher education decisions. Many students are forced to change their career plans and even drop out of college to support their families because of the sheer cost of studying. To combat this situation, parents can start saving early on for their child’s college and ensure that the education inflation does not ruin their child’s bright future!  FAQsHow does inflation affect the education system?  Inflation can impact the education system in various ways. It often leads to rising costs for educational institutions, resulting in higher tuition fees and expenses for students. This can make education less accessible and increase the burden of student loans.  What is the inflation rate of child education?  The inflation rate for child education can vary significantly by region and over time. It generally reflects the rising costs of school fees, books, uniforms, and other educational expenses. It's essential to consult local data or financial experts for specific inflation rates in your area.  How to beat education inflation?  To mitigate the effects of education inflation, consider options like:  Saving early and consistently in education-focused accounts.  Exploring scholarships, grants, and financial aid.  Comparing costs between institutions and choosing more affordable options.  Investing in education savings plans that offer tax advantages.  Which country has the highest inflation?  Venezuela had one of the highest inflation rates globally, with hyperinflation causing rapid price increases. However, inflation rates can change rapidly due to economic and political factors, so it's crucial to check the latest data for up-to-date information on countries with the highest inflation rates.  Consult an expert advisor to get the right plan TALK TO AN EXPERT

Market volatility is a hard fact and investors must be aware of ways to protect portfolio funds in a falling market. It is possible to limit loss, lock in profits and provide stability to your investments in adverse conditions with help of viable strategies.  Stock gains are steady over time but declines are often unexpected, freefall, and sudden.  Investors must ensure that their portfolio is well-positioned at all times so that it does not hamper overall growth. Making the right investment decisions is as important as protecting the portfolio fund during turbulent market conditions. 8 ways to protect portfolio fund in falling market An economic meltdown is a fact of the investment market that can wipe out hard-earned returns, savings, and retirement funds in hours. Investors must take appropriate steps early on to safeguard their portfolio fund in a falling market, market crash, or an economic depression through preplanned steps.  Some important ways to protect portfolio fund in a falling market are discussed below- 1. Diversification of portfolio funds Diversification of portfolio funds and spreading your money across different investment categories is one of the surest measures for shielding the portfolio fund in a bear market. Investors often invest in mutual funds, exchange-traded funds, and individual stocks expecting good returns. They must have a proper plan in place to move a good chunk of the investment into safer options at short notices Sometimes, the market fall is sudden and it does not give the investor enough chance to move high-risk funds to safe horizons. Individuals should invest in a wide range of investment schemes with different levels of risk. These include stocks, real estate, precious metals, cash value life insurance, bonds, derivatives, annuities, alternative holdings, cash, etc. Additional read: Questions cosigners should ask before taking an education loan 2. Fine-tune the portfolio funds Reassess the asset allocation to determine whether the current portfolio matches your specific risk tolerance. Do not take on more risks than your capacity as it might trigger panic selling during adverse conditions and result in heavy losses. Investors should always be prepared to face a bear market hence they must fine-tune their funds to create a portfolio mix that will match both financial needs and risk tolerance. 3. Take the help of financial advisors Financial advisors often have a better understanding of the market trends than investors. They go through the available data and related information to make better predictions of both good and bad times in the market.  Use the financial consultants at the EduFund App as an effective tool for knowing about the market and for an ideal fund allocation. The app will help to meet your risk appetite by minimizing the risk profile eloquently. 4. Do not liquidate all the stocks In a falling market, it is easy to panic and liquidate all the stocks. It is a wrong move as doing so will lock the losses and prevent earnings when the market recovers. Maintain a portion of the funds in the stocks even in a falling market to take advantage of the subsequent recovery whenever it occurs.  5. Rebalance and reinvest Stock market returns vary on a yearly basis but in the long term, it tends to offer positive returns. Investors whose risk tolerance is high or who have a long period before retirement have the option of investing heavily in stocks but people close to retirement must consider gradual transferring of funds to short-term or cash bonds with less risk.  Consider risk-based rebalancing through the EduFund App to minimize losses and by reinvesting in mutual funds, REITs ETFs, etc.  6. Consider defensive picks Consider market volatility as an opportunity to buy REITs with stable dividends and strong cash flows. One viable option is the EduFund REIT+ portfolio that includes quality REITs 7. Sell call options Financial advisors recommend selling call options to protect portfolio funds and soften the blow of a falling market.  8. Stay the course Investors must realize that the bull market will always follow the bear market. The falling market is a concern no doubt but the slump will pass. This is not the time for panic selling instead stay the course and stick to your investment plan.  Consider speaking to the wealth advisors on our platform to create a recession-proof strategy that will make your investment portfolio resilient to the upcoming falling market. FAQsHow do I protect my portfolio from a market downturn?   To safeguard your portfolio during a market downturn:  Diversify your investments across different asset classes.  Consider holding defensive stocks, like utilities and consumer staples.  Keep a long-term view and abstain from rash choices.  Utilise stop-loss orders or put options for downside protection.  Investing and your emergency fund should not be combined.  How do you prepare a portfolio for a market crash?   Prepare for a market crash by:  Reducing exposure to high-risk assets before a crash.  Increasing allocation to safer investments, such as bonds or cash.  Ensuring your portfolio is well-diversified.  Continuously monitoring and rebalancing your portfolio.  Having a well-thought-out exit strategy and sticking to it.  What is the safest fund during a market crash?  The safest fund during a market crash is typically a money market fund or a short-term bond fund. These investments are known for stability and liquidity, making them less susceptible to significant value declines during turbulent market periods.  What to do with a falling portfolio?   When your portfolio is falling:  Avoid panic selling; stick to your long-term investment plan.  Reassess your portfolio's asset allocation and risk tolerance.  Consider buying more assets at lower prices (dollar-cost averaging).  Take a look at your investment plan and make any required adjustments.  Seek advice from a financial advisor if you're uncertain about your next steps.  Conclusion Ups and downs are an integral part of markets that investors must be prepared for at all costs. Seasoned investors try to keep strengthening their portfolio fund to make it more robust for an upcoming recession.  In this article, you have come to know about the various ways to protect portfolio funds in a falling market. These are tried and tested strategies that provide ample protection against market volatility so that investors can preserve and protect their investments. Consult an expert advisor to get the right plan TALK TO AN EXPERT

In June 2023, the USA was teetering on the edge of a debt default. Yep, you heard it right – the land of burgers and baseball almost stumbled into a financial abyss. With a debt mountain that could make your head spin ($32.7 trillion, a whopping 121.2% of GDP), the US barely scraped by, lifting the debt ceiling just in the nick of time.  But hold onto your hats, the story didn’t end here.  Fitch, the global ratings agency, downgraded the US credit rating from AAA to AA+ on August 2nd, 2023. Now, I know what you're thinking - did this downgrade have the stock market shaking like a leaf? Yes, this news sent shockwaves through global markets, reminding us that when the US catches a cold, the world sneezes. But guess who's shrugging off this chilly breeze? India, my friends!   Here's the cool part: India isn't bothered by all this chaos. In fact, it's thriving! Morgan Stanley says India is doing great and upgraded its rating to 'Overweight'. These folks reckon India's rocking economic growth, fueled by big investments and fatter profits. The same Morgan Stanley nudged India up from 'underweight' to 'equal weight' four months back. The twist is that not too long ago, these same experts called India part of the "Fragile Five" because they thought it was a risky place to invest. So, what changed?  India is undergoing a massive transformation. It's moving from being known for things like spices and beautiful sarees to becoming a middle-class powerhouse. This kind of transformation is super rare.  In the past, countries like Europe and the USA had their moments of amazing growth after big events like World War II. That's when famous brands like Chanel, Volkswagen, and Gucci became a big deal. Now, it's India's turn to shine.  So what changed for India? Let's talk about four exciting things happening in India: More Manufacturing  India's making more stuff, and that's going to boost its economy. It might even double its share of the global market for exports.  India's Share of Manufacturing is expected to increase to 21% of GDP by 2031 Source: Morgan Stanley Growing Middle Class  More people in India are joining the middle class, which means they have more money to spend. This is going to make India's economy grow even faster.  By 2047, if political and economic reforms have their desired effect, the Indian income pyramid will have a smallish layer at the bottom comprising the Destitute and Aspirer groups, a huge bulge of the middle class, and a big creamy ‘rich’ layer on top.  Note: Population in Million; Source: PRICE’s ICE 3600 Pan India Surveys India's Income Pyramid Note: Figures in percent, 2020-21Source: PRICE’s ICE 3600 Pan India Surveys Middle-class is the country’s biggest contributor in terms of income, spending, and savings Indian consumers are also likely to have more disposable income. India’s income distribution could flip over the next decade, and consequently, overall consumption in the country could more than double from $2 trillion in 2022 to $4.9 trillion by the end of the decade with the greatest gains going to non-grocery retail, including apparel and accessories, leisure and recreation, and household goods and services, among other categories.  Going Digital  India is getting super high-tech. They've been working on a digital identity system, and this is making things like payments and healthcare more accessible and affordable for everyone.  Over ten years ago, India started a cool project called Aadhaar. It's like a super secure ID card that uses your unique body features to prove who you are and where you live. Now, we have something called IndiaStack which is like a toolbox for all things digital. This toolbox helps people in India do things like spending money, getting loans, and even accessing healthcare more efficiently. IndiaStack is like a magic wand that's making digital life in India more convenient and affordable for everyone.   Energy  India is improving its energy system, and a lot of it will come from clean sources like wind and solar power. This is not only good for the environment but also helps create new jobs and opportunities.  So, why should you care? Well, if you're thinking about the ongoing volatility in the Indian market, think again. We believe the markets are as usual, and there will be risks like anywhere else, but India's growth story is looking exciting. So, keep an eye on India's journey!  Should you wish to start your journey now, feel free to connect with us at research@edufund.in