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Mutual funds have given exceptional performance over the period. Some investors just look for the returns irrespective of the risk and other parameters. So, here we have shortlisted the top-performing best SIP mutual funds with returns as a filter. https://www.youtube.com/watch?v=uYlrsx9_yog 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.  Start Investing in Mutual Funds https://www.youtube.com/watch?v=0ETi60GetP8 Ignite Prosperity: Unleash the Power of SIP Mutual Funds S.No.Fund Name3-Yr Annualized Performance1Quant Small Cap Fund Growth Option Direct Plan44.30 %2PGIM India Mid-cap Opportunities Fund Direct Plan-Growth39.28 %3Canara Robeco Small Cap Fund Direct-Growth38.83 %4Bank of India Small Cap Fund Direct-Growth38.82 %5Quant Tax Plan Direct Option Growth Plan36.88 %6Quant Infrastructure Fund Growth Option Direct Plan36.47 %7Quant Mid Cap Fund-Growth Option Direct Plan35.89 %8Kotak Small Cap Fund Direct-Growth35.37 %9Quant Active Fund Growth Option Direct Plan33.28 %10Quant Flexi Cap Fund Direct Plan Growth Option32.25 %Note: Data as of July 25, 2022Source: Morningstar 1. Quant small cap fund direct plan-growth Fund analysis: The fund has delivered an exceptionally good performance. The fund is investing predominantly in small-cap companies. The fund is rated 5-star by Morningstar. The risk grade is high, and the returns grade is high. The fund follows a blended style of investing. The risk is spread across companies with the top 10 holdings consisting of 38.96%. The fund has a high risk (measured by standard deviation) than the category average. ProsConsA top performer in its category. Fund captured the market well when it was rising.Volatility is very high. https://www.youtube.com/watch?v=BIRf2Dm1wB8 2. PGIM India mid-cap opportunities fund direct plan-growth Fund analysis: The fund has outperformed the category and the benchmark with good margins. The fund is investing predominantly in mid-cap companies. The fund is rated 5-star by Morningstar. The risk grade is above average, and the returns grade is high. The fund follows a growth style of investing. The risk is spread across companies with the top 10 holdings consisting of 35.25%. The fund has a high risk (measured by standard deviation) than the category average. ProsConsA top performer in its category. The fund captured the market well when it was rising and falling, better than the category average.The minimum monthly SIP amount is Rs 1000/- thus marginal investors may not be able to take exposure Calculate Investment Using SIP Calculator 3. Canara Robeco small cap fund direct-growth Fund analysis: The fund has outperformed the benchmark over different horizons. The risk grade is average and the returns grade is high. The fund has a well-diversified portfolio invested across market capitalization. The top 10 holdings consist of a total of 22.88%. The fund is rated 5-star by Morningstar. The fund holds a good risk-to-reward ratio. The fund has low risk (measured in standard deviation) than the category average. ProsConsFund captured the market well when it was rising. The fund captured the market well when it was falling.Less exposure to small-cap stocks. 4. Bank of India small cap fund direct growth Fund analysis: The fund is rated 5-star by Morningstar. The risk grade is below average, and the returns grade is high. The fund has a beta of 0.84 indicating that the movement of the fund is less relative to the market movement. The fund follows a growth style of investing. The fund has a low risk (measured by standard deviation) than the category average. ProsConsMy risk grade is below average. Well-diversified portfolio.The fund has a high expense ratio. 5. Quant tax plan direct option growth plan Fund analysis: The fund’s objective is to generate capital appreciation by investing predominantly in a well-diversified portfolio of equity shares with growth potential. The risk grade is high and the return grade is high. The fund has a beta of 0.99 which means that the fund movement is very much relative to the market movement. The fund has a high risk (measured by standard deviation) than the category average. ProsConsWell-diversified portfolio.Tax benefit.Highly volatile. 6. Quant infrastructure fund growth option direct plan Fund analysis: The fund’s objective is to seek to generate capital appreciation & provide long-term growth opportunities by investing in a portfolio of infrastructure-focused companies. The risk and return grade of the fund is high. The fund follows a blended style of investing, indicating the fund has both value and growth stocks. The fund has invested majorly in large-cap companies. The fund has outperformed the category average with good margins. ProsConsFund has outperformed the category average over 1-Yr, 3-Yr & 5-Yr trailing returns. Fund has outperformed the category average when the market was falling.Low Assets Under Management. 7. Quant mid-cap fund-growth option direct plan Fund analysis: The fund’s objective is to seek to generate capital appreciation & provide long-term growth opportunities by investing in a portfolio of mid-cap companies. The risk grade is below average, and the returns grade is high. The fund has a beta of 0.85 indicating that the movement of the fund is less relative to the market movement. The fund has a concentrated portfolio of 34 stocks, investing in both value & growth stocks. The fund has low risk (measured by standard deviation) than the category average. ProsConsA consistent top performer in its category. The fund captured the market well when it was rising and falling, better than the category average.Concentrated portfolio of 34 stocks. 8. Kotak small cap fund direct growth Fund analysis: The fund has outperformed the category average in terms of trailing returns over different horizons. The risk grade is above average and the returns grade is above average. The fund has a beta of 0.95 indicating that the movement of the fund is quite closely relative to the movement of the market. The fund has a well-diversified portfolio of growth stocks consisting of 72 companies spread over different sectors and market-cap companies. The fund has a high risk (measured in standard deviation) than the category average. ProsConsThe fund has a favorable expense ratio. Fund captured the market well when it was falling.Too much diversification may hamper the returns. 9. Quant active fund growth option direct plan Fund analysis: The fund’s primary objective is to generate capital appreciation & provide long-term growth opportunities by investing in a portfolio of large-cap, mid-cap, and small-cap companies. The risk grade is above average and the returns grade is high. The fund is rated 5-star by Morningstar. The fund has invested 59.45% in large-cap, 28.07% in mid-cap, and 12.48% in small-cap companies. The fund has outperformed the category average over 1-yr, 3-yr & 5-yr trailing returns. ProsConsThe fund has a risk grade of above average, whereas the returns grade is high. Consistent performance over the period.Fund has underperformed the category average over 5-Yr trailing returns. Source: pexels 10. Quant Flexi cap fund direct plan growth option Fund analysis: The fund’s objective is to seek to generate capital appreciation & provide long-term growth opportunities by investing in a portfolio of consumption-driven companies. The risk grade is above average high. The fund has outperformed the category average and the benchmark with good margins over the long-term period. The fund has limited holdings of 36 stocks but is well-diversified across sectors. ProsConsAttractive risk-to-reward ratio. The fund captured the market well when it was rising & falling, better than the category average.Exit load of 1.00%, if units redeem within 1 year. Benefits of SIP investments Compounding: 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.  Discipline: SIPs help parents become disciplined and regular investors who are fully involved in their child’s future. Systematic and easy to manage: 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. Flexibility: SIP helps to gain control of the finances as it is possible to start or stop a SIP anytime. Higher returns: It helps investors to earn greater returns compared to other investment opportunities like fixed deposits. Small investments: It is possible to start a SIP investment with as low as INR 100 per month, hence anyone willing to invest in their child’s future can do so easily.  Tax benefits: Some SIPs like ELSS funds have tax benefits, hence it is doubly advantageous for investors to invest in such schemes. The abundance of options: Numerous asset management houses offer SIP options to meet even the minimum criteria of an investor. Best deals: 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. How to get higher returns from SIP mutual funds? To get higher returns from SIP mutual funds, you need the help of an expert or a financial advisor. They can help you invest right, manage the funds properly and conduct market research to help you maximize your returns. Here is a helpful way to get higher returns from your SIP mutual funds: Research the funds that are performing well for a longer time and shortlist the names which 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. Create a rough layout financial goal, for example, the time horizon, the amount needed, and your risk profile. 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 and costs associated with the funds like expense ratio (the cost charged by the AMC to manage your funds). Tax-saving benefits are attached to several mutual fund schemes that can help parents to save a considerable amount through tax exemptions. How to start a SIP investment on the EduFund App? Step 1: Download and Sign up with EduFund Go online with SIP investments with EduFund. Download the application and sign up with personal details. The whole signup process takes just 3 seconds.  Step 2: Identify your goals for your child’s future  The application provides a gamut of options for your child’s education. Evaluate the goal. Whether you wish to: Save for school fees Save for higher education in India or overseas Step 3: Calculate the total cost with a FREE calculator After identifying the goals, calculate the total costs of higher education for undergraduate or postgraduate studies. You could calculate basing National or International academic education expectations. Select the specialization and the country you are seeking higher education. Step 4: Get your investment map and invest Soon after filing the details, you will get how much you could get after investing for the respective number of years. You will get a number of SIP suggestions that you could compare with yours. You could increase or decrease the sum to invest monthly as per financials. We provide an overview of your savings transitioning into returns until you get the investment sum. You could go for a lump sum payment if you are an entrepreneur with unstable finances. Place the order as a secured investment through UPI or other methods. You could start with just ₹100 in Edufund SIP investments. Step 5: Track, revisit and reset goals anytime Once you set up a SIP plan, you can edit goals according to the revised economic situation. Edufund captures the sensitivity that comes with finances. Revisit the plan and modify it as per goals and finances. You will get a new investment plan with new goals. Plan your savings accordingly. Factors to Take into Account Before Choosing the Best Mutual Funds for SIP 2023 Investing Systematic Investment Plan (SIP) is a popular way to invest in mutual funds by making regular, fixed investments over time. Selecting the right mutual funds for your SIP investments requires careful consideration of various factors. Here are key points to evaluate before making your investment decisions in 2023:  1. Investment Goals and Horizon: Identify your investment goals—whether it's wealth creation, retirement planning, or funding-specific goals. Determine your investment horizon, as different funds suit short, medium, or long-term goals.  2. Risk Tolerance: Assess your risk tolerance before investing. Different funds carry varying levels of risk. Choose funds aligned with your risk appetite to avoid discomfort during market fluctuations.  3. Fund Performance: Analyze the historical performance of mutual funds. Look for consistent returns over multiple market cycles rather than just short-term outperformance.  4. Fund Category: Understand the different mutual fund categories such as equity, debt, hybrid, and thematic funds. Choose categories that match your risk profile and investment goals.  5. Fund Manager Expertise: The fund manager's experience and track record play a crucial role. Research the manager's history and style to ensure their approach aligns with your investment philosophy.  6. Expense Ratio: Lower expense ratios are preferable as they directly impact your returns. Compare expense ratios among similar funds to choose cost-efficient options.  7. Fund Assets and AUM: A fund's size can influence its performance and liquidity. While larger funds might offer stability, smaller ones can be more agile in taking advantage of market opportunities.  8. Consistency of Returns: Look for funds that consistently deliver steady returns over time, even if they are not the highest performers in the short term.  9. Portfolio Holdings: Examine the fund's portfolio holdings to understand its asset allocation, sector exposure, and quality of securities. Diversification is key to managing risk.  10. SIP Period and Amount: Determine the SIP period and the amount you can comfortably invest regularly. Consistency in SIP investments is more important than the amount invested.  11. Exit Load and Lock-in Period: Check for any exit loads or lock-in periods associated with the mutual funds. These can impact your ability to withdraw funds when needed.  12. Market Conditions and Economic Outlook: Consider the current market conditions and economic outlook while selecting funds. Different sectors perform differently in various market cycles.  13. Tax Implications: Understand the tax implications of the funds you're considering. Different funds have different tax treatments for gains.  14. Regulatory and Corporate Governance: Research the fund house's reputation, regulatory compliance, and corporate governance practices to ensure a trustworthy investment.  15. Diversification: Diversify your SIP investments across different fund categories and asset classes to mitigate risks and capture potential opportunities.  Conclusion: If one selects the right mutual fund then it can fetch you good returns over the period, but the selection criteria should not be based on the returns only. One should consider other factors like risk, expense ratio, etc. FAQs Which is best for mutual fund SIP? Quant Small Cap Fund Growth Option Direct PlanPGIM India Mid-cap Opportunities Fund Direct Plan-GrowthCanara Robeco Small Cap Fund Direct-GrowthBank of India Small Cap Fund Direct-GrowthQuant Tax Plan Direct Option Growth PlanQuant Infrastructure Fund Growth Option Direct PlanQuant Mid Cap Fund-Growth Option Direct PlanKotak Small Cap Fund Direct-GrowthQuant Active Fund Growth Option Direct PlanQuant Flexi Cap Fund Direct Plan Growth Option What is SIP mutual fund? A Systematic Investment Plan (SIP) is an investment tool in mutual funds at regular intervals. The investor can decide the amount, and date of investment and choose to stop or pause. Is SIP better than FD? A SIP is likely to get you better returns than an FD. FD is an investment product while SIP is an investment tool - a way to invest rather than a product itself. You can start a SIP in mutual funds, direct stocks, or ETFs that have historically beaten inflation and FD rates in India. What is the difference between a SIP and a mutual fund? Mutual Fund is an investment product while SIP is an investment tool - a way to invest rather than a product itself. TALK TO AN EXPERT Disclaimer:This is not recommendation advice, use it for educational purposes only. Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes.

The Orange Tulip Scholarship (OTS) is a prestigious scholarship program that offers Indian students the opportunity to pursue higher education in the Netherlands. The scholarship program is designed to foster academic excellence and cultural exchange between India and the Netherlands while also promoting cooperation and collaboration between educational institutions in both countries. With its generous financial support, the Orange Tulip Scholarship enables Indian students to access a wide range of academic programs at renowned Dutch universities, making it a pathway to a world-class education and valuable international experience. Eligibility Criteria To be eligible for the Orange Tulip Scholarship in India, applicants must meet certain criteria. While specific requirements might vary based on the university and program, the general eligibility criteria typically include:   Nationality: Applicants must be Indian citizens or hold Indian passports.   Academic Excellence: Candidates should demonstrate outstanding academic performance, usually by having a high Grade Point Average (GPA) or equivalent in their previous studies.   Admission to a Dutch University: Applicants must have secured admission to a participating Dutch university for a full-time bachelor's, master's, or doctoral program.  Language Proficiency: Depending on the program's language of instruction, applicants might need to demonstrate proficiency in English (through tests like IELTS or TOEFL) or Dutch (through tests like the NT2).  Apply for Scholarships Eligible Courses, Countries, and Universities:  The Orange Tulip Scholarship provides opportunities for Indian students to study a wide range of courses at various Dutch universities. These courses span diverse fields, including but not limited to:  Engineering and Technology  Natural Sciences  Social Sciences  Economics and Business Administration  Arts and Humanities  Environmental Studies  Health Sciences  Law  The participating Dutch universities may vary from year to year, but they often include some of the most prestigious institutions in the country. Examples of universities that have participated in the past include:  Delft University of Technology  University of Amsterdam  Erasmus University Rotterdam  Leiden University  Utrecht University  Eindhoven University of Technology  Scholarship Benefits:  The Orange Tulip Scholarship provides selected Indian students with financial support to cover a significant portion of their study expenses. The scholarship may cover various expenses, including tuition fees, living costs, and other related costs. However, the exact scholarship amount can vary depending on the university, program, and specific terms of the scholarship agreement.  It's important to note that the scholarship does not usually cover all expenses, so recipients may need to have additional financial resources to support their studies and living expenses in the Netherlands. https://www.youtube.com/shorts/xcgv6n0GsIo Application Process:  The application process for the Orange Tulip Scholarship generally involves the following steps:   Choose a Program and University: Research the eligible courses, participating universities, and their admission requirements to select a program that aligns with your academic and career goals.   Apply for Admission: Apply directly to the chosen Dutch university for admission to your selected program. Ensure you meet all the admission requirements and deadlines.   Apply for the Scholarship: Once you have secured admission, you can usually apply for the Orange Tulip Scholarship through the university's official scholarship application portal. This might involve submitting documents such as your academic transcripts, motivation letter, letters of recommendation, and possibly a scholarship-specific application form.  Selection Process: The selection process may involve a thorough review of applications, including academic achievements, extracurricular activities, motivation, and other relevant factors. Shortlisted candidates might be invited for interviews or additional assessments.   Scholarship Offer: Successful candidates will receive a scholarship offer detailing the scholarship amount, terms, and conditions.  Acceptance and Visa Process: If you accept the scholarship offer, you will need to follow the university's instructions for accepting the offer and proceeding with the visa application process.  Cultural Exchange and International Collaboration:  The Orange Tulip Scholarship not only facilitates academic advancement but also promotes cultural exchange and international collaboration. Studying abroad provides students with the opportunity to immerse themselves in a different culture, interact with peers from around the world, and broaden their global perspective. The scholarship program encourages students to engage in cultural activities, events, and initiatives that foster cross-cultural understanding and appreciation. This cultural exchange not only enriches the individual student's experience but also contributes to building stronger ties between India and the Netherlands. Apply for Scholarship Career Benefits and Networking Opportunities: Apart from the academic and cultural advantages, the Orange Tulip Scholarship offers substantial career benefits. Studying in the Netherlands equips students with a world-class education and exposure to cutting-edge research and innovation. This experience can significantly enhance graduates' career prospects, making them more competitive in the global job market. Furthermore, students have the chance to connect with professionals, researchers, and potential employers during their studies, creating a valuable network that can have a lasting impact on their future careers. Supportive University Environment:  Participating Dutch universities are known for their welcoming and supportive environment for international students. They often provide various support services, including academic advising, career counseling, language assistance, and cultural integration programs. This support system ensures that Orange Tulip Scholarship recipients have a smooth transition into their new academic and cultural environment, enabling them to focus on their studies and make the most of their experience. Talk To An Expert Diversity of Academic Programs: The Orange Tulip Scholarship encompasses a diverse array of academic programs, catering to a wide range of interests and career aspirations. Whether an applicant is passionate about engineering, social sciences, business, or the arts, there is likely a suitable program available. This diversity ensures that students can pursue their academic passions while also considering the practical application of their studies in their future careers. Language and Integration Programs: For Indian students who might have concerns about language barriers, many Dutch universities offer language and integration programs. These programs help students improve their English or Dutch language skills, which are essential for effective communication and academic success. Additionally, integration programs assist students in adapting to the Dutch way of life, including understanding local customs, navigating the city, and building connections within the community. Contributing to Sustainable Development Goals: The Orange Tulip Scholarship aligns with the United Nations Sustainable Development Goals (SDGs) by promoting quality education, fostering international partnerships, and empowering individuals to contribute to their communities and the world. By providing Indian students with the opportunity to access high-quality education and return to India with enhanced knowledge and skills, the scholarship indirectly contributes to India's growth and development.  Create Goals for Child Education Alumni Network and Post-Study Opportunities:  Upon completing their studies, Orange Tulip Scholarship recipients become part of a distinguished alumni network that spans both India and the Netherlands. This network can be a valuable resource for staying connected, sharing experiences, and exploring post-study opportunities. Some graduates might choose to return to India to apply their acquired skills and knowledge, while others may decide to pursue further research, work, or entrepreneurship in the Netherlands or other parts of the world. Promoting Global Citizenship:  Studying abroad through the Orange Tulip Scholarship fosters the development of global citizenship qualities in students. By immersing themselves in a different cultural and academic environment, students learn to appreciate diversity, adapt to new situations, and contribute positively to their host community. These qualities are essential for individuals to thrive in an increasingly interconnected and interdependent world.  Applying and Preparing for Success:  The application process for the Orange Tulip Scholarship requires careful planning and preparation. Prospective applicants should start by researching the eligible courses and universities, understanding the admission requirements, and ensuring they meet the criteria. Crafting a compelling application, including a well-written motivation letter and strong letters of recommendation, is crucial. Adequate preparation for any required language proficiency tests is also essential. Conclusion: The Orange Tulip Scholarship in India is a valuable opportunity for Indian students to pursue their higher education ambitions in the Netherlands. With its focus on academic excellence, cultural exchange, and international collaboration, the scholarship serves as a bridge between the two countries' educational systems. By offering financial support for a wide range of academic programs at prestigious Dutch universities, the Orange Tulip Scholarship helps Indian students embark on a journey of personal and professional growth while contributing to global education and understanding.

Primary education is the first step in your child’s education journey. It forms the bedrock of a child's educational journey, laying the groundwork for intellectual, emotional, and social development. Primary education typically starts from kindergarten (KG) to the upper primary level (Class 1 to Class 8). Kids are 5-6 years old when they enter primary school.In India, primary education is compulsory and plays a pivotal role in shaping young minds and fostering a love for learning that lasts a lifetime. In this article, we delve into the benefits of primary education, highlight some of the best primary schools in India that excel in providing it, and offer insights for Indian parents to prepare for the average costs! What is Primary Education? At its core, primary education encompasses the essential years when children embark on their formal educational journey. It introduces them to foundational concepts in subjects such as mathematics, languages, science, and social studies. Beyond academics, here are some benefits of primary education. Primary education promotes socialization, communication skills, critical thinking, problem-solving abilities, and creativity. It is a time when children develop their cognitive abilities, curiosity, and sense of self.During these formative years, children are introduced to the joy of learning, and educators play a pivotal role in fostering their natural inquisitiveness. Moreover, primary education paves the way for a smooth transition into higher education and equips children with the skills needed to face future academic challenges. Benefits of Primary Education Primary education is more than reading, writing, and learning maths. It’s more than playtime for your children. It is the stage in life where your child has the opportunity to develop socially and build communication skills. It is the first time in your child’s life that they are exploring the social world on their own. They are in a learning and nurturing environment that allows them to develop as an individual! Let’s delve into the 5 main benefits of primary education that make it extremely vital for your children: Foundation of Learning: Primary education establishes the foundation upon which subsequent learning is built. The skills and knowledge acquired during these years serve as building blocks for higher-level academic pursuits.Holistic Development: Beyond academics, primary education nurtures emotional intelligence, social skills, and character development. It helps children develop empathy, respect for others, and a sense of responsibility.Critical Thinking: Primary education encourages children to think critically and approach problems analytically. These skills empower them to make informed decisions throughout their lives.Language Skills: Language acquisition is a vital aspect of primary education. Proficiency in language facilitates communication, enhances cognitive abilities, and opens doors to various opportunities.Love for Learning: A positive early educational experience can cultivate a lifelong passion for learning. Children who enjoy their primary education are more likely to remain curious and engaged throughout their academic journey. Best Primary Schools for Primary Education in India with Average Costs India has the largest education system in the world and its home to thousands of primary schools that shows quality education. We have listed out some brilliant primary schools in India with their average fees to help you gauge the costs better. Primary school education is essential; it sets a strong foundation for your child’s growth. Let’s check out the listed primary schools in India The Shri Ram School, Delhi: Renowned for its child-centric approach, The Shri Ram School provides a nurturing environment for primary education. The school's innovative teaching methods focus on experiential learning and individualized attention, fostering well-rounded development. Average Annual Cost: Rs. 2,00,000 - Rs. 3,50,000. 1. Podar International School, Mumbai: With a commitment to holistic development, Podar International School offers a comprehensive primary education program. The school places a strong emphasis on character-building and values-based education. Average Annual Cost: Rs. 1,50,000 - Rs. 2,50,000. 2. DAV Public School, Chennai: DAV Public School is recognized for its balanced curriculum and dedicated faculty, making it a preferred choice for primary education. The school's holistic approach focuses on academic excellence, character development, and co-curricular activities. Average Annual Cost: Rs. 80,000 - Rs. 1,50,000. 3. The Heritage School, Kolkata: The Heritage School is known for its student-centered approach and experiential learning opportunities. The school's commitment to fostering creativity, critical thinking, and social responsibility makes it an ideal choice for primary education. Average Annual Cost: Rs. 1,50,000 - Rs. 2,00,000. 4. Delhi Public School, Bangalore: With a strong academic reputation, Delhi Public School offers a well-rounded primary education program. The school focuses on developing core skills, values, and a sense of global citizenship. Average Annual Cost: Rs. 1,00,000 - Rs. 1,80,000. Preparing for Primary Education Costs: A Parent's Guide As primary education is a significant investment in a child's future, parents should proactively plan for the associated costs. Here are some strategies to consider: Early Financial Planning: Begin financial planning for your child's education as early as possible. Explore education-specific investment options, such as mutual funds or education savings plans, to accumulate funds over time. The best way to save your child’s education is by investing in a mutual fund with EduFund. You can start a SIP for just Rs. 10,000 and potentially save up to 20 lakhs by the time your child is off to college! Start Investing Scholarship Opportunities: Research potential scholarships, grants, or financial aid offered by schools. Many institutions provide merit-based scholarships or assistance based on specific criteria. There are need-based scholarships provided by central and state governments in India to help students afford rising education fees. Scholarships are the best way to fund your child’s education but they are highly competitive as well Scholarship Opportunities Budgeting and Saving: Budgeting and saving are essential if you have kids. Education expenses are more than just tuition fees. From registration fees to uniforms and transport, there are many more expenses related to schooling. This is why it's important to create a detailed budget that includes tuition fees, textbooks, uniforms, extracurricular activities, and other miscellaneous expenses. Set aside a portion of your monthly income specifically for education-related costs.Comparison Shopping: Research and compare different schools' fee structures and offerings. Consider the value each school provides in terms of academics, extracurricular activities, and overall development. For instance, choose the school board and school location carefully. These categories can affect your child’s future as well as time. They also impact the total school fees you will be paying every year.Utilize Tax Benefits: In India, certain investments and expenses related to education may qualify for tax deductions. Consult a financial advisor to understand how you can leverage these benefits. Conclusion By choosing the right primary school and planning for the associated costs, you can provide your child with a strong foundation that will serve them well throughout their academic and personal endeavors. Plan your child’s education costs on the EduFund App, you can save for their big expenses like school fees and future college fees with the help of Mutual Funds and US Stocks! Talk to an Expert

United States is known for its top-notch universities, improved academic facilities, easy options for paying tuition to study in the USA, and incredible lifestyle. While tuition fees and accommodation are expenses most parents save for, there are many hidden costs of sending your child to the USA that you may have overlooked. Let’s look at how much you need to save to send your child to the USA! 6 Hidden costs of sending your child to the USA From visa fees to health insurance to flights, there are a lot of costs that parents do not consider while saving and investing in their child’s education. Let’s look at some hidden costs of sending your child to the USA: 1. College application fee A non-refundable application fee must be paid by students when submitting their application forms. The cost will vary depending on the university. However, the majority of application fees are in the INR 5,000 – INR 8,000 range. Cost of Studying LAW in the USA Read More 2. Entrance exams Depending on the degree studied, students needed to take and pass entrance exams. ExaminationsExam FeesMCAT₹25,000NEET₹1,600IELTS₹15,500TOEFL₹14,200GRE₹17,000GMAT₹20,000SAT₹7,700 3. Fees for SEVIS The Student and Exchange Visitor Information System (SEVIS) is a database that houses all data on international students, including their main reasons for visiting the United States. They will share the SEVIS number on the I-20 with your child once they’ve been admitted to their ideal university. Before submitting the paperwork for a visa application, students need to pay the SEVIS cost, which is around ₹28,000. Apply for Education Loans to Study Abroad 4. Visa Application Fees It is typical for students to apply for an F1 visa alone. Students who enroll in undergraduate, graduate, or study courses with more than 18 hours of study time each week should take note of this. Students have to pay a visa application fee of between ₹10,000 and 15,000. 5. Health Insurance One of the most crucial things to think about when estimating the study costs in the USA is health insurance. It is more economical for your child to receive medical care in the nation if they have health insurance. In the USA, getting health insurance costs between ₹40,000 and ₹80,000 a year. 6. Flight tickets The cost of the airfare ranges from ₹30,000 to 1,05,000 one-way to the US. This amount may vary depending on the type of journey taken, the airline chosen, the dates of booking, the location from which you're departing, the location in the United States where your child will be landing, etc. Invest via Mutual Funds in Global Companies Cost of studying in the USA One of the most significant and initial costs of studying in the united states is the tuition fees. Our college cost calculator estimates the average tuition for an undergraduate program in the USA to be between ₹1.6 to 1.9 crore. The cost of attending an American university varies depending on several variables, including the course, chosen, the kind of degree program, the type of university, etc. The USA offers a variety of scholarship alternatives to international students who are struggling financially. Students can apply for the best scholarship based on the criteria. Most regular costs like tuition, living expenses, etc. Are covered by these scholarships. https://www.youtube.com/shorts/AokbOsD5nC8 Living costs for students in the USA The price of living in the US is the next element that affects how much it will cost Indian students to study there. The cost of living in the USA typically ranges from 70 lacks to 1 crore. The place your child chooses to reside in the United States, the type of accommodation, the mode of transportation they use to get around, the restaurants they frequent, and most significantly, the lifestyle they lead, all affect the cost of living. Yearly living expenses include paying for apartment housing including utilities (₹13 - 14 lakhs), food (₹5 - 6 lakhs), dormitory housing (₹6 - 9.5 lakhs), food for dormitory (₹1.6 - 2 lakhs), books and supplies (₹65,000 - 75,000), and miscellaneous expenses (₹5 - 6 lakhs). Check out our college cost calculator to find out the cost of studying in the USA! It becomes simple to enjoy the academic and cultural life in America if your child can control the tuition they pay while studying there. The USA has consistently been ranked among the top places for studying abroad, and now that you know how much it would cost you to send your child to college there, it will be simpler for you to arrange their expenses. TALK TO OUR EXPERTS FAQs What is the cost of college applications for US universities? However, the majority of application fees are in the INR 5,000 – INR 8,000 range. Some universities do not charge application fees whereas some are willing to refund the application fee if you meet their criteria. What is considered a hidden cost or charge of studying abroad? Hidden charges or implicit charges are those that parents or students have to pay for once they start the application process. These costs are not accounted for as the actual cost of attendance and are costs or expenses that one has to bear in order to start the process. For instance, application fees, test exam fees, visa fees, health insurance, travel insurance, and even fights. What are some hidden charges for sending your child to the USA? Here are some hidden costs of sending your child to the USA for higher education: College application fee Entrance exams Fees for SEVIS Visa Application Fees Health Insurance Flight tickets

Sending your child to an IB Board school in India? You are not alone! Many Indian parents, over the years, gravitated toward the International Baccalaureate (IB) Board. So much so that the number of international schools offering IB programs has grown tremendously over years. In 2003, there were merely 11 schools with IB boards, now there are nearly 208 world schools located across the subcontinent!   IB board is typically offered by international schools in India and opted for by parents who want to send their children abroad. Parents prefer IB for its teacher-student ratio, holistic curriculum, global exposure, and focus on sports and extracurriculars. IB curriculum offers an innovative, inclusive, and interactive approach to learning.   Let’s look at some pros and cons of sending your child to an IB world school in India:  Pros of sending your child to an IB Board School  https://www.youtube.com/watch?v=6jTgEWL5sXw 1. Global Exposure and Cultural Diversity IB is a global program with 5000 schools in 160 countries like Australia, Norway, India, China, and Zambia! The learning approach is dynamic and international. The IB board is popular and recognized by top universities; its curriculum is updated regularly to keep up with the changing skill requirements and career developments.    2. The balance between Extracurriculars and Academics IB schools believe in skill building and offer a great number of subjects like Art, Music, Sciences, and extracurriculars like sports, debating, MUNs and community service, etc. The focus is on personality development and offering students a variety of facilities to grow and nurture their interests! The exposure can help students decide their passion and can add value to college applications!  https://www.youtube.com/shorts/wQbhsWtOPpU 3. Help with university applications IB boards encourage students to develop skills that align with foreign universities and their requirements. They value communication skills, interpersonal skills, research ability, and open-mindedness.   IB has programs like Theory of Knowledge (ToK), Extended Essay (EE), and extracurricular activities related to Creativity, Action, and Service (CAS) to help with university applications!  4. Great student-to-teacher ratio IB world schools maintain a pupil and teacher ratio of 25:1 for all classes. The ratio can differ from school to school in India. This is an advantage for parents, teachers, and students hoping to send their child to an IB school because the regular classroom size of a CBSE or other state board is 45 – 50 students and 1 teacher.   IB schools ensure smooth teacher and student interaction by reducing the class size and ease for teachers to offer assistance to every student adequately.  source: pexels Cons of sending your child to an IB Board School  1. Expensive IB world schools charge more than CBSE/ISCE board-run schools. The average tuition cost of studying at IB schools in India is Rs. 4-5 lakhs per annum. The average tuition cost does not include school trips, daily transport, or hostel fees. Additionally, parents have to spend on uniforms, course material, or other expenses separately this can tally up as a huge expense for parents.     2. Location Most IB schools in India are located in urban cities like Delhi, Chennai, and Bangalore, and sometimes on the outskirts of the city. This means parents have to opt for school-assigned buses or spend money on private vehicles for daily travel. Public transportation is not viable because of the lack of connectivity (in the case of some schools) and is often unsafe in some cities for younger kids.   Long-distance travel to school can be expensive and mentally draining on your child so check the location before enrolling!   3. Workload Students studying at IB schools are often overburdened with essays, projects, and assignments for a range of subjects. It is a great way to prepare for college, but it can be tiring and hectic for students. It can lead to burnout, fatigue, or stress among students.  During the middle year program, subjects have to manage 8 subject areas and during the last two years, they have 6 subject areas and a diploma program core. DP core includes Theory of Knowledge (ToK), Extended Essay (EE), and extracurricular activities related to Creativity, Action, and Service (CAS).  4. Lack of flexibility The IB board offers 6 subject areas for students to choose 6 subjects from in classes 11 and 12.  These subjects areas area:   Studies in language and literature  Language acquisition  Individuals and societies  Sciences  Mathematics  Arts   Every student can choose only one subject from one category – if you decide to exclude the arts category then the student can opt for two subjects from the same category but not beyond this.   There is also a possibility that the school does not have the infrastructure to offer certain subjects that the IB board may include in its curriculum! For example, the IB board includes films as a subject, but the school may not have a teacher to teach the course.  The problem of education in Slums in India Read More Do IB world schools give your child an edge in foreign applications?   Yes and no! While IB world schools offer a great amount of exposure, there is no guarantee that your child will end up at an Ivy League or Oxbridge after graduating. Foreign admissions offices consider hundreds of applications for limited seats, and each application consists of an academic record, extracurriculars, your child’s statement of purpose, recommendations, and much more. All these factors together determine whether your child is the right fit for a particular course at the university.   Your child’s developmental skills, problem-solving abilities, and eligibility for a course determine their selection, not any particular school board. However, the school board can help tremendously in developing these skills and giving your child the exposure, they need to further their ambitions.  Schools help shape children academically, and developmentally and nurture them during their formative years. They play a huge part in deciding your child’s career path which is why whether you send your child to an IB school or a CBSE school should be a well-researched decision. Talk To an Expert FAQs What are the disadvantages of the IB board? The International Baccalaureate (IB) curriculum can be demanding and rigorous, potentially leading to high-stress levels for students. Its comprehensive nature may limit specialisation. The program's availability might be limited, and some students might find it challenging to adapt to its unique assessment methods and workload expectations. Is IB good for kids? The International Baccalaureate (IB) program can be beneficial for certain students. It places a focus on critical thinking, research techniques, and an international viewpoint. However, its rigor and comprehensive approach may not suit all learning styles. Parents should consider their child's strengths, preferences, and goals when deciding if IB is a good fit. Why is the IB curriculum better than CBSE? The IB curriculum offers a broader global perspective, emphasizing research, critical thinking, and international mindedness. It promotes interdisciplinary learning and holistic development. While CBSE is rooted in Indian education, IB's international focus prepares students for diverse global challenges and fosters a deeper understanding of cultures, making it preferable for some seeking an international outlook. Is the IB board better than CBSE? Individual tastes determine whether a student chooses the International Baccalaureate (IB) or CBSE (Central Board of Secondary Education). IB offers a global perspective and emphasizes critical thinking, while CBSE follows a standardized Indian curriculum. Both have merits; IB suits those seeking international exposure, while CBSE aligns with Indian education standards.

Studying in a foreign country is a dream for an Indian as it opens new doors to career opportunities and growth. The general notion amongst Indian parents is that they will not be able to afford the huge fees and related expenses of studying abroad.  Price and affordability are important factors that every parent has to take into consideration before sending his child on a specific career path. Are you aware that there are at least 5 degrees that offer better ROI abroad than in India? Moreover, the opportunity of being a part of the global education system and getting a degree that is internationally recognized is unparallel. 5 Degrees that offer better ROI abroad than in India Students with academic excellence can get grants and scholarships in foreign universities. The reduced fee structure makes it easier for them to travel abroad for further studies Here are 5 degrees that are cheaper to pursue abroad than in India with great employment opportunities are: 1. Engineering Engineering is one of the highest-paying jobs in the world, with a demand factor for engineers far outweighing the supply quotient. If you are looking for one of the best among the 5 degrees that are cheaper to pursue abroad than in India, then engineering is a sure bet.  Related fields in engineering include Mechanical Engineering Civil Engineering Biomedical Engineering Petroleum Engineering Environmental Engineering Computer Engineering The average salary of an engineer varies between $80,000 - $90,000, with a mechanical engineer earning around $83,590, a civil engineer at $82,220, a biomedical engineer at $86,220, and a petroleum engineer an estimated salary of $88,700. Many foreign universities offer scholarships that can reduce the overall cost of studying and offer  high-paying internships to add to your overall resume. After graduation, engineers can easily find high-paying jobs in countries like the UK, USA, Norway, Germany, Australia, and Canada. Additional read: What is the cost of education in India? 2. Actuarial science Students who are interested in actuarial science can expect a hefty pay package post-study. It is one of the unique study courses in the STEM fields with very high demand in countries like the USA, UK, New Zealand, and Australia.  Students who study actuarial science can work as Actuarial Analysts Assurance Managers Internal Auditors Health Actuaries Audit Managers Financial Auditors The occupational areas of actuarial science include professional technical and scientific services and finance and insurance. You can understand the high demand for actuarial scientists in developed countries by its estimated salary median of $97,070. 3. Pharmaceutical Science Pharmaceutical science and healthcare are important study courses that provide numerous growth opportunities in your career path. The estimated average annual salary of a pharma scientist is between $80,000 - $100,000.  People who have chosen this field develop new drugs, evaluate medication use, prepare medications, and educate patients about the different medications Students who are studying pharmaceutical science can work as Pharmaceutical Scientists Medical Publisher Research Assistant Quality Control Assistant Drug Safety Associate Microbiologist Pharmacy Technician Pharmaceutical science is an in-demand degree course as students can easily get good jobs in biotech and drug manufacturing companies, government agencies, academic institutions, and hospitals. 4. Computer Science / Cyber Security Students who want to study computer science or cyber security have a bright future as these are high-profile jobs with great demand in both developing and developed countries like the USA, UK, Israel, and Germany. Students pursuing this degree course can work as  Security Administrator Cyber Security Analysts Security Architect Security Consultant Information Security Analyst Firewall Administrator The average annual salary of a pass-out with these degrees is an estimated $90,120. They work towards safeguarding the computer systems and network of a company and shielding them from any sort of cyber-attacks and data breaches. Source: pixels 5. Finance Last but not least among the 5 degrees that are cheaper to pursue abroad than in India is the finance course study. Students who pursue this course have better job opportunities in countries like Japan, the USA, the UK, Australia, and Ireland The average annual salary of $89,160 acts as a powerful magnet to lure students toward this course. After completing their studies, they can work as Financial Advisor Personal Banker Wealth Strategist Portfolio Manager Financial Planner Lending Analyst The occupational areas of students pursuing a career in finance are financial investment firms, loan groups, and banks. It is a fact that most students face indecision about pursuing higher studies in India or abroad just because of the high-cost structure.  The ROI offered by these programs makes them a great investment. These courses are universally claimed and are in demand because of their international demand. Countries like the US, Australia, Germany, Netherlands, Belgium, UK offer incentives like scholarships, grants, work permits, and job placements to encourage students to take up these courses and enter their workforce.  FAQs What degree gives the highest return? Degrees in fields like computer science, engineering, finance, medicine, and business administration often yield high returns due to strong demand and earning potential. However, the highest return depends on individual skills, market trends, and personal interests. Researching job prospects and considering long-term career satisfaction is essential when choosing a degree. What degrees have a positive ROI? Degrees in STEM fields (science, technology, engineering, mathematics), healthcare (medicine, dentistry, pharmacy), economics, and business administration generally offer a positive Return on Investment (ROI) due to high earning potential and job demand. However, individual success also depends on factors like location, job market, and personal dedication. What courses have the best ROI? Courses with the best Return on Investment (ROI) often include computer science, engineering (especially software engineering), data science, finance, nursing, and certain medical specialties. These fields offer high earning potential and strong job growth, making them attractive options for individuals seeking a favorable return on their educational investment. Which degree is best to study abroad? Degrees in fields such as international business, engineering, computer science, natural sciences, and arts and humanities can be excellent choices for studying abroad. These degrees offer opportunities for cultural immersion, global networking, and exposure to different academic perspectives, enhancing the overall educational experience while preparing for an international career. TALK TO OUR EXPERTS!

Many international students consider the United Kingdom to be their ideal study destination because of the country's outstanding academic reputation and dynamic student community. There is no question about the quality of education, but the cost of studying in the UK for Indian students is one of the most concerning facts. Let's face it, studying in the UK is costly. Pound to rupee ratio, international tuition fees, and the general cost of living are just some reasons for this expense. But beyond the obvious expenses, there are some hidden costs of sending your child to the UK that you may not have considered. 5 hidden Costs of Sending Your Child to the UK There are some hidden costs of sending your child to the UK that may stretch your budget. These costs are hidden because parents usually do not consider them when planning their child’s foreign education until it's too late. 1. Student Visa fees All students need to apply for a student visa to go to the UK. It's a hidden cost of expense because it rears its ugly head after you have finished your child’s application process and can be an added expense to the overall budget. Type of VISAApplication FeeShort-term study student visa₹8,000 for 6 months and ₹15,000 for 11 monthsTier 4 student visa (General)₹28,500Tier 4 student visa (Child)₹28,500Disclaimer: This is the current fee and is subject to change. 2. Immigration health surcharge Through the National Health Service, the UK is renowned for having one of the top healthcare systems in the world (NHS). Your child must pay the visa fee and an additional premium for health insurance as an international student. It will cost them between ₹38,000 and 40,000 a year to obtain entry to the NHS. At NHS health centers, students will have access to free medical care as well as discounted dental care. 3. Entrance exams Some universities mandate language tests for international students, while others do not. Popular standardized examinations that are provided to potential international students for them to study in the UK include: ExaminationExam FeesGRE₹15,912GMAT₹18,500IELTS UKVI₹15,500TOEFL₹14,200Disclaimer: This is the current fee and is subject to change. 4. University application fee While master's or Ph.D. Candidates must apply directly through the website of their chosen university, undergraduate candidates must use the UCAS application website. To apply to several universities in the UK, you need to spend between $1,500 and $7,500. Please be aware that depending on the number of programs and universities your child applies to, the application fee may increase. 5. Flight tickets You must book your child’s flight tickets right after the visa allocation. The cost of flight tickets can change according to the city, destination, and airline. For students traveling from India, one-way airfares can cost around ₹60,000 - 1,00,000. Why a Parent should consider the UK for child education? Read More Tuition fees for international students in the UK The majority of international students living expenses in the UK are the cost of their tuition. It may differ substantially depending on the university, the region, and the program they select. Our college cost calculator estimates the average tuition for an undergraduate program in the UK to be between 60 lakh and 1 crore. Fee Structure of the UK University Read More Living expenses in the UK Another significant component of the overall cost of studying in the UK is living expenses. For the duration of a course, the average cost of living in the UK is between 40 and 50 lakhs. Similar to tuition costs for UK universities, living costs might change based on your child's, lifestyle, where they choose to reside, etc. For instance, rent is more expensive in cities like London or brighter than it is in Aberdeen or Manchester. Invest in Mutual Funds Other Living Costs in the UK Aside from accommodation, there are other significant living expenses to consider. Utilities (electricity, heating, cooling, water) can cost around £100-£150 per month. Food costs vary depending on personal choices and habits, but a rough estimate is around £200-£300 per month. Transportation expenses include the London Underground or buses, which can cost approximately £100-£150 per month. However, these costs can be lower in other cities with more affordable public transportation options.  Monthly living expenses in the UK for average Indian students Accommodation₹40,000 - 60,000Food₹8,000 - 16,000Transportation₹2,000 - 3,500Household bills₹3,000 - 4,000Entertainment₹3,000 - 5,000Miscellaneous Expenses₹15,000 - 20,000Total₹70,000 - 1,10,000 UK Scholarships for International Students:  Recognizing the financial burden on international students, many UK universities offer scholarships and financial aid. These scholarships can cover partial or full tuition fees and, in some cases, also provide a stipend for living expenses. Some well-known scholarships for international students in the UK include the Chevening Scholarship, the Commonwealth Scholarship, and university-specific scholarships like the Rhodes Scholarships at the University of Oxford and the Gates Cambridge Scholarship. Eligibility criteria and application processes for these scholarships vary, but they provide valuable opportunities to make studying in the UK more affordable.  Impact of Brexit: Brexit, the UK's decision to exit the European Union (EU), has had several potential impacts on various aspects of life in the UK, including education and living costs.  Tuition Fees: EU students used to be treated as domestic students, paying the same tuition fees as UK citizens. However, after Brexit, most EU students are now classified as international students, leading to higher tuition fees. This change could potentially affect the affordability of studying in the UK for EU students.  Scholarships and Funding: Some scholarships and funding opportunities previously available to EU students might no longer be accessible. However, the UK government and universities have introduced new scholarships and funding options specifically for international students, helping to mitigate this impact.  Living Costs: Brexit's impact on living costs is more indirect. Changes in the economy and exchange rates could influence the overall cost of living for international students. For instance, fluctuations in the value of the British pound might affect the purchasing power of students' home currencies.  Research and Collaboration: Brexit has raised concerns about the UK's participation in EU research programs and collaborations. Previously, UK universities and researchers had access to EU research grants and partnerships, which could have contributed to funding opportunities and lowered costs. While the UK government has expressed intentions to establish its own research initiatives, the full extent of these programs' impact remains to be seen.  Cultural Diversity: The UK's appeal as a diverse and welcoming destination for international students might be affected by changes in immigration policies and the overall atmosphere following Brexit. This could indirectly influence the attractiveness of studying in the UK.  While Brexit has brought changes that could potentially impact the cost of studying and living in the UK for international students, it's important to note that the UK remains committed to hosting international students and maintaining its reputation for quality education. The introduction of new scholarships and funding options aims to ease the financial burden, and universities continue to strive to create an enriching environment for students from around the world. As the situation continues to evolve, it's recommended that prospective international students stay updated with the latest information and carefully assess the financial aspects before making decisions about studying in the UK.  There are many options to pay for a UK university, including selecting scholarships, financial aid, student loans, and other options. If you want to send your child abroad for undergraduate then it's time to consult financial experts to discover new-age savings to beat the demon of rising costs! This might make it much easier for you to manage your child's tuition costs. An education fund, scholarships, and part-time jobs can help cover the growing cost of studying in the UK. Start saving if your child is planning to fly to the UK for their undergraduate before it's too late! TALK TO AN EXPERT

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 India ESG Fund Investment Objective The investment objective of the scheme is to achieve long-term capital appreciation by investing in shares of companies that meet Quantum’s Environment, Social, and Governance (ESG) criteria.  Investment Process  The Quantum India ESG Equity Fund invests in companies that are focused on conserving the environment, positively impacting communities that they operate in, and conducting business ethically.  These sustainable businesses are not only environmentally and socially responsible but also make great sense as investments as you look to build wealth over the long term.  The fund invests after comprehensive research on Environmental, Social, and Governance or ESG factors following the risk and liquidity controls on investing.    Portfolio Composition The portfolio is biased towards large-cap stocks, with 78% of the funds allocated to large-cap stocks, the remaining 19% and 3% to mid-cap and small-cap stocks respectively. Note: Data as of 31st July 2023. Source: Quantum Mutual Fund, Value Research Top 5 Holdings for Quantum India ESG Equity Fund Name Weightage % HDFC Bank Limited 8.21 TVS Motor Company Limited 4.35 Tata Communications Ltd 4.13 Tata Consultancy Services Ltd 3.95 The Indian Hotels Company Ltd 3.59 Note: Data as of 31st July 2023. Source: Quantum Mutual Fund Performance for Quantum India ESG Equity Fund   NIFTY100 ESG TRI S&P BSE Sensex TRI Period Scheme (₹) Benchmark Additional Benchmark Since Inception  17.24%  15.81%  15.65%  3 Years  22.52%  20.82%  22.38%  1 Year 15.69%  13.53%  20.70%  Note: Returns in % as of 31st, July 2023. Source: Quantum Mutual Fund  Since its inception, the fund has generated a CAGR (Compounded Annual Growth Rate) of 17.24%. Invest in Fund Fund Manager  The scheme is co-managed by Mr. Chirag Mehta & Ms. Sneha Joshi.  Mr. Chirag Mehta has more than 19 years of experience and has been managing this fund since July 2019.  Ms. Sneha Joshi has more than 9 years of experience and has been managing this fund since July 2019.  Who Should Invest in Quantum India ESG Equity Fund?  The fund is suitable for investors who are seeking.   Long-term capital appreciation.  An investment opportunity that invests in shares of companies that meet Quantum's Environment, Social, Governance (ESG) criteria.  Why Invest in this Fund? The fund offers a solution for investing in businesses where sustainable practices drive long-term performance.  It invests after comprehensive research on Environmental, Social, and Governance or ESG factors.  It provides exposure to good quality sustainable companies with low volatility and downside risk.  It is a well-diversified portfolio that follows a disciplined investment process.  It follows risk and liquidity controls on investing.  Time Horizon One should look at investing for at least five years or even more.  Investment through Systematic Investment Plan (SIP) may help in tackling the volatility of the broader equity market.  Conclusion Quantum India ESG Equity Fund is an open-ended fund that allows investors to invest in equities following the ESG theme. The fund has outperformed its benchmark consistently. However, the fund was launched approximately 3 years ago, so it will be important to monitor how the fund performs in the upcoming future. Hence, investors who believe in the ESG theme of investing can consider this fund with a long-term time horizon. DisclaimerThis is not recommendation advice. All information in this blog is for educational purposes only. 

The competition between private schools vs public schools has been there ever since they came into existence. But the question is, which one is better? Which option would prove to be advantageous for your children?   This topic envisages the parents to decide among the two most popular types of schools.  Let’s understand private vs. public schools and which might be more beneficial for you and your child.  Private schools vs. Public schools: What's the difference? A private school is an autonomous body that generates funds through different types of fees that the students have to pay.   It includes tuition fees, maintenance fees, lab fees, and so on. Furthermore, private schools also get endowments and private grants.   Usually, these schools teach things that go above the level of the prescribed curriculum. It helps in catering to students who might be gifted or belong to other nationalities.  A public school, on the other hand, is funded by the government and students need not pay anything in most cases.   The district charts out the curriculum which has to be followed by these public schools. Also, they do not have the right to deny admission to any student living in the school’s residential area.   People have different preconceived notions about both private and public schools which may or may not be true in all cases.   Usually, private schools are considered to be on the costlier side which provides all-around development for a child.   On the other hand, public schools are considered to be for those people who cannot afford to send their child to a private school. The curriculum is also said to be low-grade with an environment that is shoddy and less maintained.   Hence, it is important to analyze the pros and cons of both private and public schools. Start Investing In Mutual Funds Comparison of major differences between private and public schools 1. Education and Curriculum  The education and curriculum of private and public schools are quite different. The curriculum of a private school is decided by the governing body to which the school is affiliated.   Whereas, public schools have the same curriculum pan India. Certain bodies have the right and power to provide affiliations to schools such as the Central Board of Secondary Education (CBSE), the Council for the Indian School Certificate Examinations (ISCE), state boards, the Central Board, and so on. 2. Teaching staff  The teaching staff of private schools has to undergo a rigorous selection procedure where their knowledge and qualifications are verified. This is done so that the best set of teachers is selected to educate the students.   On the contrary, there is a lack of recruitment of teachers in public schools. According to the Right of Education Act, 2009 for every 30 students, there should be one teacher allocated. But, this does not happen to all the classes of a government school. During a survey conducted in 2016, it was found that there is one teacher for every 90 students in a government school, which does not serve the purpose.   Hence, the quality of education for your children might be put at stake. 3. Accreditation Board The accreditation boards of both public and private schools are different. Private schools can be under any board such as CBSE, CISCE, and so on. Public schools majorly function under the state boards and CBSE. 4. Denial of Admission  Private schools have the right to deny your child’s admission if they do not agree to a certain thing. They ask for documents and have several other requirements. If you are unable to provide those documents or if the school management finds some error in them, they might withdraw your child’s application.   On the other hand, public schools cannot deny admission to your child according to Section 15 of the Indian Constitution. According to this act, all children have the right to free and compulsory education under the age group of 6 to 14. It has been mentioned in the RTE Act of 2010. Primary Education vs Secondary Education in India Read More 5. Transportation  In private schools, the management arranges buses or other vehicles for easy transportation of the students. Students may or may not opt for those. The transportation cost in private schools is usually between Rs 1,500 to Rs 4,000 per month depending on the student’s residence. Sometimes, students even rent a private vehicle to go to school.   In the case of public schools, most of the students are from a nearby locality. The school arranges for a vehicle that can pick up and drop them off. The transportation cost is usually Rs 500 to Rs 1,500 per month depending on the distance of the stoppage. 6. Fees  The total cost paid to the school has to be one of the most important points when we compare private and public schools.   Private schools tend to be on the costlier side because of the facilities that they provide. If you take the example of Tagore International Public School situated in Delhi, you will know that they charge Rs 7,652 per month for grade 1, which is quite a lot compared to a public school.   Some might be extremely expensive but most middle-class families can afford to send their children to a private school these days. Certain private schools are not that expensive such as  Schools Monthly Fees Shri Ram Centennial School, Indore Rs 4,300 per month SRN International School, Jaipur Rs 3,500 per month Saint John’s Academy, Allahabad Rs 3,996 per month RPS Residential School, Patna Rs 2,650 per month St. Joseph’s Convent School, Panchgani Rs 3,340 per month  On the other hand, public schools are usually only opted for by students whose family income is less than 2 lakhs per annum.   A child studying in a government school in India won’t need anything more than Rs 20,000 per annum.   Did you know that around 6 crore Indian students are enrolled in privately managed schools? This accounts for around 4.5 lakh schools in India.   The system of education in India is quite different and may or may not please everyone in the country. There are different options that parents can explore. Although private schools attract parents more for their child’s better education, public schools have also been working on the same. Certain government schools based in Delhi have been going through major revamping. In the near future, we can expect both types of schools to provide the best quality of education. Talk To An Expert FAQs What are the primary differences between private and public schools? Private schools are autonomous institutions that generate funds through various fees, while public schools are government-funded and mostly free for students. Private schools often offer a curriculum beyond the standard, catering to gifted or diverse students. Public schools follow a uniform curriculum outlined by governing bodies like CBSE, ISCE, or State Boards. How do transportation options compare between private and public schools? Private schools often arrange transportation for students, with costs varying depending on the distance. Public schools generally cater to nearby students, providing transportation at a lower cost. Private school transportation can range from Rs 1,500 to Rs 4,000 per month, while public school transportation can cost around Rs 500 to Rs 1,500 per month based on distance. Can private and public schools deny admission to students? Private schools have the right to deny admission based on certain criteria or errors in documentation. However, public schools cannot deny admission under Section 15 of the Indian Constitution, which guarantees free and compulsory education for children aged 6 to 14. This provision is outlined in the RTE Act of 2010. How does the quality of teaching staff differ between private and public schools? Private schools generally have a rigorous selection process for their teaching staff, ensuring high qualifications. In contrast, public schools sometimes face a shortage of teachers, affecting the quality of education. According to the Right to Education Act, there should be one teacher for every 30 students, but in some government schools, this ratio can be as high as 1:90.

The education experience that the United Kingdom provides foreign nationals is truly remarkable. From superior education institutions to unmatchable facilities blended with experimental teaching frameworks, the UK helps students unlock their fullest potential. Going to study in another country entails more than just gaining knowledge. This also allows students to gain a global perspective, which greatly influences them as individuals. https://www.youtube.com/watch?v=v4gmR-U_vHA&pp=ygUHZWR1ZnVuZA%3D%3D Reasons why, the United Kingdom is one of the most popular locations for higher education 1. Reputable universities are known worldwide International acclaim is accorded to the UK's academic program and elite universities. With connections through the United Kingdom, one can access prestigious academic institutions with histories that date back to the 12th and 13th centuries. Undoubtedly, degrees from such universities are highly regarded and appreciated. As a result, if your child's profile includes a degree from a UK university, be assured that they shall increase competition in the professional world. Furthermore, such institutions motivate learners to advance their careers, showcase their talents, and pursue their dreams. Start Saving with EduFund 2. Universities promote utility-based knowledge The United Kingdom provides students with opportunities to conduct coursework as per their interests. Students will have greater research viable alternatives as a result of this.  Constructive content-focused methods and participative-based understanding is preferred over textbook education in the United Kingdom. This signifies that learners can fine-tune their ability to analyze and think critically in their selected discipline of study.  In addition, the Quality Assurance Agency, a reputable UK organization, regularly assesses the academic standards at all colleges and universities. The body uses subject assessments and quality audits to assess effectiveness. Cost of Studying LAW in the UK Read More 3. The pool of diverse culture Britain is a diverse nation that has long been popular for international students seeking higher education. Britain is the second most sought-after country among international students seeking an education abroad.  As a natural outcome, UK universities are bustling with students from various cultures. Students can socialize in a multicultural environment and enjoy a welcoming campus environment. As a student, meeting and learning about people from all over the globe is possible. source: Pexels 4. Impressive employment opportunities During the academic year, overseas students may work up to 20 hours per week. A few universities perhaps assist students in obtaining internships as a component of their coursework. Students will have a comparative advantage once they graduate. Students gain confidence about excellent job opportunities upon completing their graduate or postgraduate studies. Besides this, the British government has adopted a new post-study working visa that allows international graduates to stay and work in the UK for an additional two years. This extends to students who graduated in the summer of 2021. https://www.youtube.com/watch?v=EyP3Li4ofNg 5. Financial privileges Most students pick the UK as their higher education destination due to the government's many financial benefits. The foremost and most significant reason is that students can finish a degree program in the UK sooner than anywhere else in the country.  An undergraduate course lasts four years in several countries around the world. It would be beneficial if students completed their postgraduate degree in two to three years. In the UK, students can accomplish their undergraduate degree in three years and their postgraduate qualification in one year unless individuals pursue medicine or research. International students studying in the UK can also apply for financial assistance like scholarship opportunities, student grants, and bursaries. International students who intend to attend British universities are entitled to free medical treatment through the National Health Service. Uk, 2020/21 - Higher education student statistics Enrolment in first-year higher education by level of study - 2011/12 to 2020/21 academic years. First-year degrees have recently become a popular type of higher education, increasing by 8% between 2019/20 and 2020/21. The number of first-year postgraduates taught increased by 16% over the previous academic year. First-year student enrolment in postgraduate research courses has returned to 2017/18 levels, following a 6% increase since 2019/20 6. The national student survey report Former students who studied in different universities in the UK share their experiences learning in their respective colleges with the NSS. This is a UK-wide survey, and many students participate in it. The most recent National Student Survey published in 2020 indicates that  84 % of respondents were satisfied with their course's teaching, and  86 % were satisfied with their learning resources. 83 % were pleased with their educational opportunities. Conclusion British universities ensure consistent academic standards, with industry professionals on various academic topic areas. These aspects keep the universities higher in the global ranking. With revolutionary instructional approaches, the higher education system in the UK is widely acknowledged as the preferred standard for university education. There were 2.38 million students enrolled in educational institutions in the UK in 2018-19. Start saving early to consider the UK for your child's higher education Talk To An Expert FAQs Why did you choose the UK for higher education? The UK offers world-renowned universities, diverse academic programs, and rich cultural experience. Its education system emphasizes research, critical thinking, and practical skills. With a global network, top-notch faculty, and vibrant student life, studying in the UK can provide an excellent foundation for future success. Why UK is better than India for higher studies? The UK offers a broader range of internationally recognized universities, advanced research facilities, and diverse study options compared to India. With a focus on experiential learning and global exposure, studying in the UK can offer a competitive edge in terms of quality education and career prospects. What are the benefits of being a student in the UK? Being a student in the UK offers access to top-tier education, global networking opportunities, cultural diversity, and a chance to explore historic landmarks. It fosters personal growth, academic excellence, and memorable experiences. What are the benefits of choosing to study in the UK? Studying in the UK offers access to world-class universities, diverse academic programs, renowned faculty, research opportunities, and a multicultural environment. It provides a chance to enhance career prospects, gain international exposure, and develop valuable skills, all within a rich historical and cultural backdrop.

Managing finances as a single parent could be challenging in today's changing environment if not appropriately planned. Things could get out of control if not managed adequately. The child/children could be deprived of basic needs like education, clothing, etc. How single parents can plan finances? 1. Get rid of debt The first step is to get rid of debt. If you have any, try to pay off all the debt to reduce liability. And there is no stress about paying the EMIs. Education planning advice for new parents Read More 2. Emergency corpus The next step is creating an emergency corpus for yourself and your child to remain protected in uncertain events like job loss. The ideal way of making an emergency corpus is to put aside 6 months of your expenses. For example: if you have monthly expenses of Rs. 30,000, then you should put Rs.1,80,000 in a liquid fund or fixed deposit. 3. Life Insurance If something wrong happens to you, how or who will care for your child's expenses? For such a situation, consider having life insurance, preferably Term insurance. Calculating the amount of life insurance can be calculated in many ways. One could be 25 times your CTC. Suppose you have a CTC of 6 Lacs. The ideal life insurance cover you should consider is 1.5 crore. How Single Women can Start Investment Journey? Read More 4. Medical insurance Anyone can face health issues at any point in time. So, it is better to be well prepared by buying medical insurance. 5. Make a budget After having all these things in place, make a monthly budget. Calculate all your inflows and outflows, and categorize them into different categories Start SIP for child education savings 6. Define short-term & long-term goals Now, you need to prioritize your goals based on their importance and the time left to achieve them. Suppose you have to buy a house and a car and pay your child higher education fees. Now, you need to define which one is a short-term goal or which one is a long-term goal. Buying a house or car can come under long-term goals, but paying for your child's education could be short-term or long-term, but it needs to be prioritized at the top of your goals. Define the goals and prioritize them so that you achieve all your goal in time.  7. Make a financial plan Create a financial plan to achieve your goals which will define the time to achieve it, your risk appetite, and how much amount will be required to achieve that goal. Draw your investment strategy to help you achieve your goals effectively and efficiently. Conclusion When you are the only person to take care of your child, you should try to plan everything well in advance to provide a quality of living for your child. Having a sound financial plan will also help you ease your financial journey during the downturn. Talk To an Expert FAQs What are some financial tips for single parents? Here are some financial tips that all single parents must follow: Get rid of debt Emergency corpus Life Insurance Medical insurance Make a budget Define short-term & long-term goals Make a financial plan How important is it to save for parents? Education inflation is the reason why every parent needs to save for their child’s future! The cost of tuition is increasing every year. The education inflation rate is 11-12 percent; double of CPI which is at 6%. This means that the costs of education are growing faster than consumer price inflation as well. Fees for prominent courses and colleges are likely to reach 1 crore in the next 15 years. Parents need to be prepared for hefty fees in the future. Why should parents save money?   Financial security for emergencies and unexpected expenses.  Funding their child’s education and future endeavors.  Building wealth and assets for retirement.  Preparing for major life events like buying a house or starting a business.  Leaving a financial legacy for their family. 

Being a parent in the 21st century is challenging. There are plenty of financial goals that seem impossible because the world is much more expensive. Raising a child requires disciplined budgeting, education planning, and financial independence. It's not to say the previous generation had it easy – inflation, recession, capitalism – they faced it all. Yet some new challenges can make meeting financial goals for Millennials and Gen Z parents trickier.    The rise in education inflation and consequent pricing is making education harder to afford for millions of new-age parents. The pandemic setback, global crisis, raised prices, and unemployment has made raising children in the technologically-proficient world much more competitive.    Here are some financial goals that every millennial and Gen Z parent should adopt to secure their child's future in this changing economy: Create Goals for Child Education Tips for achieving financial goals! 1. Create an education fund   Borrowing money from relatives, taking out a loan on your house, or worse, stopping your child from pursuing the dream they want are some inevitable financial decisions you may have to take - if you don't start an education fund for your child. Investing Rs. 1000 every month for the next 18 years (assuming returns of 12%) can give you nearly Rs. 6,00,000 - Rs. 7,00,000!    Disciplined education planning can help you pay for your child's tuition, living expenses, shifting expenses, books, laptops, etc. You can do this easily from home - calculate the future cost of college through the College Cost Calculator - fill out your child's details to get an accurate estimate of what tuition fees and living expenses can cost you. Once you know the exact amount, you can start saving up with different options designed to help you achieve your goal faster on the EduFund App.    https://www.youtube.com/watch?v=v4gmR-U_vHA&pp=ygUHZWR1ZnVuZA%3D%3D 2. Get a health insurance   Another financial goal parents should aim toward is getting health insurance coverage for their children. Good health insurance can help you cover your child's medical bills and expenses without burning a hole in your pocket. The idea that only the sick need health insurance is a huge financial mistake you can avoid. From minor injuries to seasonal diseases and hospital bills, insurance can help you cover the bills partially or entirely, depending upon the coverage you opt for!    3. Try the cookie jar approach   Many parents forego their retirement savings for their college. You can avoid this by using the cookie jar approach to investing. Define specific long-term goals you want to save towards, like a child's college, retirement fund, travel fund, or house fund, and allocate funds to every category based on when you wish to complete this goal. By defining your goals and allocating appropriate funds to achieve the goals in the set time frame – the chances of hitting your goals increase!    https://www.youtube.com/watch?v=uYlrsx9_yog&pp=ygUHZWR1ZnVuZA%3D%3D 4. Start an emergency fund The tragedy is a part of life; unfortunately, we can only prepare for it to soften its blow. Creating an emergency fund does precisely that. It is a cushion to fall back on when an emergency like job loss, health crisis, or sudden financial expense. An emergency fund should have enough money to help you sustain yourself and your family for a couple of months. For instance, if your monthly expense is Rs. 20,000, you must have Rs. 1,20,000 in your savings account to fall back on.    This emergency fund is a financial goal for all millennials and Gen Z parents to embrace. This fund can help you prioritize your goals, savings, and investments.    Start Investing in Mutual Funds 5. Budgeting is king Another financial goal that most parents overlook is budgeting. We all want to give our newborns everything possible – the best bed, the latest gadgets, toys, brilliant daycare, schooling, etc. Doing so makes it easy to go overboard and spend more than you want. Budgeting can help you eliminate this oversight – by allocating a specific budget to different needs; you ensure that you can meet all of them and avoid stretching your wallet.    These financial goals for millennials and Gen-Z parents can be a short survival guide. With the cost of education rising yearly, basic education needs and schooling are likely to be affected. The only solution is to start saving early and systematically to provide a secure and safe learning experience for your child from school to college! Talk to an Expert FAQs How can I ensure I can afford my child's education, given the rising costs? It’s crucial to start an education fund to secure your child’s education. By investing Rs. 1000 per month for the next 18 years with an assumed return of 12%, you could accumulate nearly Rs. 6,00,000- Rs 7,00,000. \ This disciplined planning can help cover tuition, living expenses, shifting costs, books, laptops, and more. Use tools like the College Cost Calculator on the EduFund App to accurately estimate and achieve your education savings goal. What's the importance of having an emergency fund? An emergency fund is crucial to cushion financial setbacks such as job loss, health crises, or unexpected expenses. Aim to have enough money to cover your family's expenses for a few months. For instance, if your monthly expenses are Rs. 20,000, having Rs. 1,20,000 in your savings account, provides a safety net. This fund ensures you're prepared for unforeseen situations while prioritizing your goals, savings, and investments. How can I balance saving for my child's college and my retirement? You can avoid sacrificing your retirement savings by using the "cookie jar" approach to investing. Set clear, long-term goals for different needs like college, retirement, travel, and more. Allocate funds to each category depending on your timeline. This strategic approach helps you allocate resources efficiently and increases the likelihood of achieving your financial goals. Why should I consider health insurance for my child? Health insurance for your child is essential to cover medical bills and expenses. Even minor injuries and seasonal diseases can lead to unexpected costs. Health insurance ensures you're financially prepared to handle these situations without straining your budget. Remember, insurance coverage varies, so choose a plan that aligns with your needs and budget.

With some of the best universities in the world and strong employment prospects, the UK is a popular destination for students all over the globe. But studying at a university as an international student can be seriously costly often topping ₹1 crore for the duration of the course, including tuition fees and living expenses; the majority of students will need financial help from somewhere to make it work. So, where can you or your child go to get this financial support? Can international students get a student loan? Will a scholarship be enough for your child’s fees in the UK? Can it cover living expenses and accommodation? Where can you find financial aid to study in the United Kingdom? There are plenty of funding choices available, from taking on a loan to applying for scholarships to cover the tuition fees in the UK for your child or saving in advance to fund their UK dream. Let’s look at some financially viable options: 1. Scholarships Scholarships for international students are one of the main sources of funding for students seeking to study abroad. But it’s a renowned fact that the higher your child’s academic standing, the bigger the scholarship they have the chance to get.  You need to make sure if your child or you want(s) them to study at a particular university for an undergraduate program, you look for their scholarships beforehand and be prepared to put the effort into having the academic standing it requires for scholarships.  There are many scholarships, but with varying eligibility criteria and competition, they can be extremely tough to navigate.  Apply for Scholarship Programs 2. Study Abroad Programs An exchange or study abroad program may be a more economical option for international students looking to attend university in the UK. This would entail applying to a university in your own home country and spending a semester or year studying in the UK. These are short-term courses that are cost-efficient and sometimes sponsored by the universities so that students only have to pay a portion of the expenses. Before applying, research specific universities to see if they have any collaborations with universities in the UK. 3. Student Loans As an international student, there would be some educational loans available in your country for them that you might want to look into. There are over 100 banks and financial institutions in India that provide loans for students to help them cover the costs of tuition and living expenses abroad. You can browse through different loan plans by different banks or consult an expert to filter out the best loans based on your child’s needs!  Apply for Education Loans How to get a scholarship to study in the UK? There are loads of scholarships for international students in the UK up for grabs. This is great news, but it's important to exercise caution as they are competitive and have very stringent eligibility criteria. Additionally, most of them are for postgraduate degrees rather than undergraduate ones. The easiest way to find out is to check the specific universities you want to send your child to and see if they offer undergraduate scholarships, bursaries, and fee exemptions. You can also consult education experts who can find your child the best scholarships for their university or course.  However, there are really no guarantees, and you should always consider what you'll do if you don't succeed. Most scholarship applications consist of an application form. While others may require a written assignment or test, as well as an interview round. Source: pexels Are scholarships enough? Now, let’s be realistic, the majority of scholarships need an outstanding academic performance in the previous qualifications, and only a few children will be able to do that as schools are very competitive. That brings us to the fact that scholarships cannot be the only option to cover tuition fees. So students either have to take loans or use savings to pay for college. The total amount of studying at a university in the UK about 18 years from now would be over ₹1.5 crores, and that is a huge amount to save. One way to do that is to start saving more than ₹60,000 every month, apart from other expenses, for 18 years till your child comes of age to go to college.  The other is to invest in Mutual Funds, US stocks, etc., according to a proper market study of the returns. This is the most unexplored and underrated way to pay for your child’s future education needs. By investing small amounts of money every month in a disciplined manner, you can ensure their education dreams are completed.   Hence, looking for scholarships has no downside, as there are chances that you can find one that suits your child, but it shouldn’t be the only option. You should consider other financial options to support your child’s education, including saving and investing in mutual funds via SIPs, fixed deposits, equities, etc.