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Rising school fees and medical expenditures and increasing living conditions have forced several parents to keep saving intensively. Child FD plans are the ideal solution for anybody searching for better options and longer-term investment products to build a foundation. Many government-recognized fixed deposit programs for children in the industry complement independent schemes offered by Indian banking institutions.  How are FDs a secure savings plan for your child’s education?  FD plans allow you to deposit your money with a bank and receive interest on it. The funds grow in line with the interest rate, and you may withdraw them at the end of the FD term. Because of the safe investments, this is a secure investment instrument popular among individuals who prefer little risk.  Minors' parents can now register an FD account on their behalf to save and develop a foundation for their children. These deposits might provide the necessary financial push to a child's hopes and educational goals. When the kid reaches adulthood, they can acquire control of the account and spend the funds as per the requirement for education.  One of the best long-term investment options, especially for customers concerned about the security of their assets, is the traditional savings model of FD investments. You may create a fixed deposit account through any bank with a set sum for a lengthy period, such as three, five, or ten years, at a specified interest rate ranging from 3% to 6.5 % each year. After the term, the capital and interest can be withdrawn. Best FD interest rates are offered basis effective dates From 2015 to 2020, the value of bank fixed deposits as a component of wealth generation in financial assets in India was calculated. In the fiscal year 2020, Indians maintained about 46 trillion rupees in bank fixed deposits as individual assets. This was a significant rise in the value of fixed deposit assets over the previous fiscal year's 44.18 trillion rupees.  Why invest in FD savings for your child's education?  The following essential reasons to invest in child FD plans entice parents greatly.  1. Higher FD interest rates:   Interest Rates from 4% to 7% can be earned on Fixed deposits for children. Furthermore, the yearly compounding of the FD bank rate results in a larger total upon maturity. High-interest rates can meet the expenses to be incurred for educational expenses.  Best fixed deposit with the Highest interest rates in 2022  Planning Fund for Your Child's Education is made easier by the best FD rate on fixed deposit investments. In India, investment terms ranging from 7 days to 10 years are available to suit your needs. 2. Flexibility in FD duration   Several FD schemes enable the investors to choose a tenure typically lengthened ten years or more. To get the gains of compounding, it is best to choose a longer term.   Account holders benefit from flexibility in Fixed Deposit periods, which includes advantages as follows. Thus, investors can plan accordingly to save for a child's education.  Competitive interest - Flexible Fixed Deposits provide more excellent interest rates than Savings Accounts, allowing you to make more money with your money.  Adjustable tenures - Varying banks provide numerous tenures for Flexi deposit programs, guaranteeing that one picks a term that best meets their financial demands.  The amount for investment - Individuals can pick the proportion they want to invest, with different banks accepting varying amounts as deposits.  Early withdrawal - Several banks permit premature withdrawals from Flexi fixed deposit accounts due to particular restrictions.  Loan provision - Depositors can typically obtain loans against flexible fixed deposits, depending on bank restrictions.  3. Assured returns   An FD account's returns are secured and assured. There are no fees associated with obtaining the maturity money. The full payment is paid as a lump sum to the recipient. The monetary benefits that an FD provides are unaffected by market volatility. A loan over gold can be undertaken for a maximum of 80% of the deposit value, while a loan obtained on the FD amount can be taken for a maximum of 90% of the initial deposit. With a fixed deposit, investors may also choose a flexible duration to invest money that meets their needs. Parents as Investors can feel guaranteed the amount they can expect, which helps to plan their child's educational dreams.  4. Low minimum deposit quantity The minimum investment is not significant enough to take away your money. You may also choose a monthly structured investing option with specific child fixed deposit plans. For most banks, the minimum FD amount is as little as 5000 rupees. Certain banks may need a minimum of 10,000 rupees if this is your first fixed deposit. Since the deposit quantity amount is not too huge, parents can start early with their FD savings to meet their future educational expenses.   Conclusion  Start saving for a child's educational fees as early as possible. Parents must also invest wisely to obtain the best results. Parents must set money away regularly to save for their child's education. The decision to invest should be based on the product's expenses, tax-efficient yields, expenses, and volatility. With a well-planned long-term approach and a well-chosen FD scheme, parents may accumulate significant capital and ensure their child's educational aspirations are funded over time.  FAQs How can I save money for my child's education?   To save money for your child's education, consider setting up a dedicated savings account, invest in education-specific savings plans or mutual funds, create a budget to cut unnecessary expenses, explore government-sponsored education savings schemes, and seek advice from a financial advisor to develop a tailored savings strategy.   Which is the best-fixed deposit for kids?   The best-fixed deposit for kids would depend on factors like interest rates, lock-in period, and terms offered by various financial institutions. It's best to research and compare options from different banks and financial institutions to find the most suitable one.  Which is the best saving for children's education?   The best saving option for children's education may vary depending on individual circumstances. Some popular choices include 529 plans (in the USA), Registered Education Savings Plans (RESPs) in Canada, and Education Savings Accounts (ESAs) in some other countries. It's advisable to research and consult with a financial advisor to find the most suitable option for your situation.  TALK TO AN EXPERT

A Master’s in Canada is a professional degree of 1-2 years. It is a thesis and curriculum-based program. Some Canadian universities even provide a combination of the best of these two.  A PGDM (Post-Graduate Diploma) is considered below the master’s degree. One can apply for it just after graduation. The course duration is generally less than a year or a year in Canada.   Many guardians share this confusion- “Should my Child consider a Master's or PGDM to enroll in Canada?”   You being on the page and reading this blog means that you are one of the guardians. So, read the full piece below and get answers to all of your questions. https://www.youtube.com/watch?v=x9B8449Iuw4 Excel in Canada: Masters or PGDM? Parameters Masters PGDM Course duration 1-2 years  0-1 year Eligibility criteria 6.5 bands in each module; overall, 7 bands 6 bands in each module, 6.5 in the overall module Letter of Recommendation 2 letters None Fees Around 15-20 Lakhs 7-15 lakhs Academics It has more value than PGDM Share less value than Masters  Work-Permit 3 years 1 year Bachelors’ qualification 70% in graduation, 3-GPA (Grade Point Average) Undergraduate degree of 3 years and work experience English Proficiency test TOEFL and IELTS TOEFL and IELTS Intakes  September and January September, January, and May Top Courses To study in Canada Computer Science, Public Health, Human Resource Management, Civil Engineering Nursing, Pharmacy, Business Management, and Engineering  Top Universities in Canada with the highest acceptance rates in 2022 (Above 70%) Lakehead, Thompson, Brock, Yorkville, Ryerson, University of Toronto Seneca, Royal Roads, Centennial College, University of Winnipeg, Humber College Average Salary (per year)  $ 47,000-$ 71,000  (INR 29,12,274.16 - INR 43,37,257.16) $ 25,000- $ 50,000 (INR 14,71,464 - INR 29,42,928)  Who is a PGDM in Canada suitable for?  Who wishes to lead the corporate world?  Wishes to improve leadership and team-building skills.  Wants to learn about effective resource management.  Wants to excel in communication skills as a leader.  Wants to have a tab over strategic and planning principles.  Who is a Master’s in Canada suitable for?  Wants to pursue a career in the graduation subject.  Wants to know more about a specific field.  Wants to improve career and employment prospects.  Progressing to a higher level of education (Ph.D.).  Develops interest in a single niche, for example - choosing content writing after a Master's in English.  By now, you must have got halfway through your answer to - Should your child enroll in master's or PGDM in Canada?  Living expenses in Canada Read More Is PGDM the same as MBA?  No, PGDM is different from MBA. Both of these courses are management courses offered by Canada. A PGDM diploma is for 1-2 years, while MBA is for a 2–3-year program.  Why Canada is the best country to Study Abroad for Indian Students? Read More Why apply for PGDM in Canada?   It provides various career opportunities for HR professionals, Marketing Managers, consultants, accountants, and Financial Managers.  Diplomas from Canada are highly-valued  PGDM students earn more salary than Indian Courses. Students make 17% more than in India after completing PGDM.  Good increment percentage  Big recruiters: Accenture, Deloitte, Tim Hortons, Royal Bank of Canada  Pursuing a course in Canada is more economical than in other countries.  Provide better employment opportunities. The country shares a high employment rate.  Great immigration opportunities for academically-good students  The country provides post-study opportunities.  The country is safe for students, ranking 8th on the Global Peace Index.  https://www.youtube.com/watch?v=nyV0rwJu-7c Why apply for Masters's in Canada?   The country is a host to the top Master’s universities like the University of Toronto and McGill  Opportunity to work with the world-leading experts  Provide a personalized institutional model to align with the student’s goal  The universities host discussion-based and seminar classes  28 Canadian universities rank in QS World University Rankings 2022  7 Universities Rank in World University Rankings 2022  The country provides growth opportunities for the research and development field. If you are an R&D student in Medicine, telecommunication, environmental science, agriculture, and technology, Canada is the place to be.   In Canada, a student can work to earn an extra every week during breaks (summer and winter breaks).   MBA in Canada under 40 lakhs Read More Can your child apply for a master's after PGDM in Canada?   Yes. Most universities create a course structure to prepare students for their master's.  Here are the eligibility criteria:  Parameters Eligibility Criteria for Masters Eligibility Criteria for PGDM     GPA (Grade Point Average) 16years of education, 3.0 /4 in Bachelors, Students with 15 years of experience would have to enroll in a course at a Canadian university An undergraduate degree with a minimum of 60% IELTS/TOEFL score 6.5, Some Canadian universities allow one to pursue without one 6.0-6.5 CGPA (Cumulative Grade Point Average)   7.0-7.5 6.0-6.5 GRE (Graduate Record Examination) score   140 in verbal, 150 in quantitative. N.A. (not applicable) GMAT (Graduate Management Admission Test Score) 550 N.A. Work experience 1-3 years 2 years  PGDM Vs Master’s in Canada – Important documents for application  Documents Required:   Proof of funds as a fee affordability factor  ID proof  A valid passport  Passport-size photographs  IELTS/TOEFL scores  Statement of Purpose- It states the purpose a student applies for a particular course in Canada  Letter of Recommendation- It is provided by a past university and states the applier’s experience and conduct  Academic Transcripts  University Degrees  Source: pixabay What are some important documents requirements for a Canadian study visa?   Documents Required:   A valid passport  Visa application form  Application Fee Receipt  University admission proof  Colored photograph  Health insurance (If any)   Financial statements  English Language Proficiency Test Proof  So, should your child consider a master’s program or prepare for PGDM in Canada? You must have cracked it by now.  FAQs Is PGDM equivalent to Masters's in Canada?  In Canada, PGDM (Post Graduate Diploma in Management) is generally not considered equivalent to a Master's degree.  Which is better master's or PG Diploma?   The choice between a master's and a PG Diploma depends on individual preferences and career objectives. A master's degree typically provides more in-depth knowledge and research opportunities, while a PG Diploma offers specialized practical skills and a shorter duration. Consider your career goals and academic interests to make the best decision.  Is it worth doing PGDM in Canada?  The worth of doing a PGDM in Canada depends on individual career goals, program reputation, and potential job opportunities.  TALK TO AN EXPERT

Parents are always determined to give their children the best. There is no better investment than education for your child in this hyper-competitive world. Moreover, quality education is the only thing that will allow your child to make a mark in their respective careers. Many parents consider sending their children abroad to provide them with the best education.  When studying abroad, your kid will have access to great educational infrastructure. Foreign education is considered a sound investment irrespective of the finances of the parents.   Over the years, a majority of students who have managed to go abroad to pursue education in a good university have found a great career and future. Many students are opting for overseas education to optimize their career prospects. https://www.youtube.com/watch?v=ObWmCHWgwAw 1. Cost of living   Living expenses usually vary based on several parameters. For instance, the location where your child chooses to live and the type of accommodation they prefer greatly determines the cost of living. Many students these days opt for shared accommodation to cut costs.  In this manner, you’ll be able to save a considerable amount of money. Let’s cite an example to understand better. For instance, if you are sending your child to London for higher studies, the total cost will be INR 12 lakhs. On the other hand, if they stay outside London, the overall cost will be INR 9 lakhs.     https://www.youtube.com/watch?v=tdwqQH0xkFw 2. Cost of pursuing Undergraduate and Post Graduate Courses   Irrespective of the country, the cost of pursuing UG courses will be between INR 14 lakhs to INR 25 lakhs per year. On the other hand, the cost of pursuing postgraduate courses will be between INR 15 lakhs to INR 30 lakhs annually.   3. Cost of studying in the USA   If you are sending your child to the USA for higher studies, it is crucial to be aware of the overall costs. College tuition can cost close to INR 15 lakhs to INR 40 lakhs per year. Moreover, the fee depends upon the college where your child has enrolled.   4. Cost of studying in the UK   The cost of studying in the UK can be close to INR 20 lakhs annually. But it depends on the course and the college chosen by your child. However, the cost of living in the UK is affordable when compared to other countries.   https://www.youtube.com/watch?v=F3QCgLruQzc 5. Cost of studying in Canada   Canada is another country that has been getting a lot of attention from students. Compared to other countries, Canada has a decent educational infrastructure. And what makes the country appealing to students is the lower fees. The approximate cost of studying in Canada is between INR 80,000 to INR 10 lakhs per year. But the overall fees depend on the course and college selected by your child.  6. Cost of studying in Australia If you are planning to send your child to Australia, the average cost will be between INR 10 lakh to INR 16 lakh annually. Note that this is applicable if your child pursues undergraduate courses. On the other hand, for a post-graduate course, the approximate fees will be between INR 12 lakhs to INR 18 lakhs per year. The cost of living can range from INR 70,000 to INR 1 lakh for a year.   https://www.youtube.com/watch?v=ynH9mdMWmDs 7. Steps to tackle expenses of your Child’s foreign education  An overseas education offers an array of advantages to your child. However, sending your child abroad can be pretty expensive. It comes with a heavy price tag, and parents should be knowledgeable in tackling the challenges. Here are some ways in which you can fund your child’s foreign education.   10 ways to plan education abroad Read More 8. Applying for an Education loan Based on the views of industry experts, the inflation rate in education is increasing sharply. With exorbitant costs, savings alone can’t be enough to fund your child’s education. Moreover, unplanned situations and emergencies can adversely affect your savings. One of the efficient ways to fund your child’s foreign education is to opt for a loan. Nowadays, most lenders offer customized education loans to students. You can apply for these loans to fund your child’s foreign education.   https://www.youtube.com/watch?v=d0nVcGABfGs 9. Start investing early   If you want to send your child abroad, it is crucial to start investing early. For instance, you can invest in mutual funds to get good returns. Note that it is always important to commence as early as possible to get better returns in the long term.    Indian Scholarships to Study Abroad Read More 10. Shift your corpus to less risky funds   Experts recommend investing aggressively in the market in the initial stages. In the initial stages, you can afford risks and increase your finances for good returns. If you are not experiencing good returns or the market is volatile, you can transfer your corpus to less risky funds.     ​The cost of studying abroad is something that you have to recognize from the start. Start investing in the right channels to fund your child’s education in foreign countries. Ensure that you invest early to reach the amount you need for your child’s education. FAQs Can you study abroad as a parent?   Yes, it is possible for parents to study abroad, but it may involve additional considerations such as childcare arrangements and financial planning. Many universities offer family-friendly programs to accommodate parents pursuing their studies while managing family responsibilities.  Why do parents want their children to study abroad? Parents may want their children to study abroad to provide them with opportunities for personal growth, cultural exposure, and a global perspective.  Is it very expensive to study abroad?   The cost of studying abroad varies depending on the country, university, and program chosen, but it can be relatively expensive. 

Small-cap funds are flooded with funds. Investors are heavily pumping money into small-cap equities in the hope of high returns. Investors have put in more than Rs. 33,040 crores in small-cap funds from April-2022 till June-23. Net inflows in mutual funds It can be inferred from the data released by AMFI that the investors are taking aggressive bets by flocking into high-risk funds such as small-cap, mid-cap, and thematic funds. The reason behind such a huge increase in small-cap investments is the returns given by small companies in the recent past. Nifty 250 TRI Rolling Returns The average returns delivered by small-cap funds in the last 1 year is 30.92% compared to the average return of 20.96% of the large-cap funds. Clearly, the returns delivered by small caps are way higher than the large caps. But, what about the risk? Aren’t the small cap equities too risky compared to the large caps? Let us see what the data says.  Volatility in price As can be inferred from the above graphs, the returns delivered by small caps are well above the large caps and contrary to the general perception, the volatility in the prices is not significantly higher than the large caps. After looking at this, now the question arises whether investors should continue to invest in the small-cap funds, or should they hit a pause on investing in the small-caps and book some profits. Let us try to find out.  Valuations: The first parameter the investors look at is the valuation. Are the small-cap companies overvalued? Let us look at the P/E ratio.  Nifty small cap 250 PE Although P/E alone cannot be used to conclude whether the companies are overvalued or not, it can be used to get a quick idea about the relative valuations of the companies. And as can be seen in the above chart, the current state of P/E does not suggest that small-cap companies are extremely overvalued.  Small Cap Premium: In a paper titled “The Relationship Between Return and Market Value of Common Stocks,” Rolf W. Banz concluded that the common stocks of smaller firms outperformed the common stocks of larger firms on a risk-adjusted basis. Many have argued that the inference drawn in the said paper does not hold good in today’s world. However, this has always been the case for developing economies like India where smaller companies have outperformed the large caps by a significant margin.  India’s Growth Story: India is a developing nation, and we are growing at the fastest rate. Small-cap companies are expected to benefit disproportionately higher than large-cap companies from such high growth. The primary reason behind this is the smaller base of the small companies which translates into higher growth in relative numbers. And secondly, it becomes difficult for large companies to grow faster due to their large size.   Volatility: As seen earlier, the volatility of small-cap companies reduces significantly over a longer period. Hence, small-cap companies are not as volatile in the long run as we generally perceive.  Conclusion  Small-cap equities offer tremendous growth potential over the long term, especially in a growing economy like India. However, it is possible that investors might not see extremely high returns in the short term. But stopping investments based on this rationale implies nothing but trying to time the market and doing so may prove to be harmful if the markets do not correct. Hence it is advisable to continue to invest for the long term keeping in mind the said factors

Investing in the financial markets can be a daunting task, especially for those seeking stability and security in their investment choices. One popular investment option that often garners attention is the Systematic Investment Plan (SIP). SIPs allow investors to invest a fixed amount of money at regular intervals in various avenues such as mutual funds, trading accounts, or retirement accounts.  While SIPs offer numerous advantages, it is crucial to delve into their safety aspect to gain a comprehensive understanding. In this article, we will explore the safety of SIPs, analyzing the potential risks and benefits they entail. This will enable you to make well-informed investment decisions with a thorough understanding of the factors at play. https://www.youtube.com/watch?v=wEA3dKj7q5U Understanding SIPs and Dollar-Cost Averaging SIPs are a form of passive investment strategy that utilizes the concept of dollar-cost averaging (DCA). DCA is a technique where investors make periodic equal transfers of funds, ensuring they accumulate assets over time. By investing a fixed amount regularly, regardless of market conditions, investors benefit from averaging the purchase cost of units, thereby reducing the impact of market volatility. This approach is particularly advantageous for long-term investments as it allows investors to ride out short-term market fluctuations and make consistent investments without being influenced by market timing. Invest in Mutual Funds Market Risks and Returns While SIPs provide a disciplined approach to investing, it is important to recognize that they are not immune to market risks. Mutual funds, which are commonly associated with SIPs, are subject to market conditions, and their value can fluctuate. Therefore, the returns on SIP investments are not guaranteed. The value of mutual funds can go up or down depending on the market conditions, and investors may lose money if they redeem their units at a lower price than the purchase price. It is crucial for investors to be aware of the inherent risks associated with the market and approach SIPs with a long-term investment horizon to potentially mitigate the impact of short-term market fluctuations. Calculate SIP Returns Long-Term Perspective and Compounding Benefits SIPs are best suited for individuals with a long-term investment horizon. The power of compounding works in favor of those who stay invested for an extended period. Compounding refers to the ability of an investment to generate earnings on both the principal amount and accumulated returns. By staying invested for at least 5-7 years, investors can harness the full potential of compounding, allowing their investments to grow significantly over time. This long-term perspective helps investors overcome short-term market volatility and allows them to reap the benefits of gradual wealth accumulation through the compounding effect. https://www.youtube.com/watch?v=BIRf2Dm1wB8 Wealth Accumulation and Reconsidering Investment Plans As investors accumulate wealth through their SIPs, it becomes essential to periodically assess their investment plans. Reaching certain milestones or nearing retirement may prompt a reevaluation of investment strategies. While SIPs offer a passive approach, some investors might consider transitioning to actively managed investments at a certain point. Active management involves a more hands-on approach by investment professionals who aim to generate higher returns by actively adjusting investment allocations based on market conditions and opportunities. This transition can provide investors with the potential to further grow their wealth and achieve their financial goals. Conclusion SIPs serve as an excellent investment option for those seeking a disciplined approach to wealth accumulation. However, it is crucial to understand that SIPs are not entirely risk-free. The potential market risks and fluctuating returns make it essential for investors to adopt a long-term perspective and remain invested for extended periods to reap the benefits of compounding.  Monitoring the wealth accumulated through SIPs and periodically reevaluating investment plans can help investors make informed decisions to maximize their returns. By combining a comprehensive understanding of SIPs with diligent research and risk management, investors can navigate the financial markets more confidently and potentially achieve their financial goals. Remember, investing always carries inherent risks, and consulting with a financial advisor or professional is advised before making any investment decisions. Talk To An Expert

Time slips through our fingers like grains of sand. In the blink of an eye, days turn into years. Parents cherish the childhood of their children. But as said, we don’t realize how time passes. Kids grow up, and as they grow up, the expenses also increase especially the education-related costs. And if you have a kid between the ages of 10-15 years, you will have to prepare for your child's college. The post-graduation is in the line. In this article, we will guide you on preparing for these expenses.  If you have a kid between the age group of 10-15 years, his/her college will be due in the next 3-5 years. Apart from that, there may be expenses such as application fees, expenditures on electronic gadgets like laptops or tablets, etc. There will be living expenses that you will have to incur. And after 6-8 years, you might have to incur the expenditure for post-graduation.   https://www.youtube.com/watch?v=tdwqQH0xkFw Education inflation comes under the top category, i.e., one of the highest among all the categories. Adding to the burden, if your child plans to go abroad, rupee depreciation increases your cost.  The only way to prepare for this expenditure and save your child's future is to start investing. As the Chinese proverb says, "The best time to plant a tree was 20 years ago; the second-best time is now." Similarly, it would help if you had started the investing journey much before. But if you have not, then do not waste your time. Start investing right now. Something is better than nothing. But how to do that? Let us see.  First, you need to identify the expenses you will incur along with their expected timing. As mentioned earlier, these can be graduation expenses, living expenses, etc. Using the college cost calculator, you can approximately estimate how much it will cost in the future to pursue the desired course for your child.   To estimate the other expenses, you can take the help of our SIP calculator by using which you can estimate how much you will be required to pay in the future and the required amount to invest monthly to reach your goal in the future by considering the inflation.   After identifying the expenses and their timing, you should bifurcate them as per the estimated timing of those expenses, like expenditure to be incurred within a year, in 1-3 years, after three years, etc. This bifurcation will help you determine how much risk you can take while investing. It is considered that an investor can take a higher risk while investing for the long term, and the risk appetite reduces as the time horizon decreases. There is a simple reason behind this. A long-term time horizon allows you to recover in case anything goes wrong.  The only thing that remains is to start investing as per your risk appetite. But how to select funds? As said earlier, you need to determine your risk appetite, and accordingly, you can invest. You cannot take the risk aggressively for expenditure to be incurred within a year. So, debt funds such as liquid or money market funds should be considered. For expenditure to be incurred after one year but within three years, you can take a little more risk.   Hence, you can consider investing a small portion of your investments into equities. This can be better done by investing in hybrid funds such as conservative funds or balanced advantage funds. An aggressive investor can consider investing in multi-asset funds as they provide allocation to various asset classes such as equities, debt, gold, etc. And lastly, for expenditures to be incurred after three years, such as post-graduation expenses, you should consider investing in equity mutual funds. Equity mutual funds provide excellent growth potential with reduced volatility over the long term. Small cap, mid cap, flexi cap, or focused funds can be good options for investing for the long term.  This is how you can start investing in your child's education. However, you need to keep in mind a few points.   First, you need to monitor your portfolio regularly and rebalance it. As you come closer to your goal, you will have to reallocate your money from high-risk funds to low-risk funds.   Second, if your child wishes to go abroad for graduation or post-graduation, it will be better to invest in USD as your exchange rate risk mitigates automatically. The procedure to estimate the expenditure and amount of investment remains the same.   And lastly, if you are too late to start investing, you might be required to look for an education loan.   However, you should start investing even if you are late so that you can create at least some corpus for your child's education rather than nothing.           Hopefully, this article has given you some insights and helps you plan better for your child’s education. Start investing!  Talk To An Expert

What is a mutual fund?  A mutual fund is an investment program that is expertly managed by Asset Management Companies (AMC), which act as middlemen for ordinary investors. The AMC collects funds from numerous individuals and invests them in bonds, money market instruments, equity shares, and other securities. According to the amount invested in the fund, a certain number of units are allocated to each investor in turn. In proportion to his investment in the fund, the investor shares the fund's gains, losses, income, and expenses.   The money of the investor will be managed by the fund manager in accordance with the scheme's stated investment goals. Capital growth is his objective. The fund manager's mission is to meet the investment objectives of the mutual fund scheme by the wise selection of financial instruments, which can result in capital growth or dependable income.   For instance, an equity mutual fund will invest in equities so that investors can benefit from long-term capital growth. The debt fund will invest in government assets to earn a larger return based on changes in interest rates as well as fixed-income securities to provide investors with a steady income. To provide a higher return on investment and safeguard the portfolio during a downturn in the stock market, the balanced fund will invest in a combination of equity and bonds/fixed income. What is a mutual fund calculator?  You may determine the returns from mutual fund investments using the mutual fund calculator, which is a simulation. If you make an investment in a lump sum or even via a SIP, you can figure out its maturity value.   Even before you invest the money, a mutual fund calculator is a simple-to-use tool that enables you to obtain a sense of the maturity value of the mutual fund investment. Given that you already know how much money you will receive upon maturity, it enables you to plan your spending and meet your financial objectives. To calculate the maturity amount for an estimated rate of return, input the SIP amount, duration, and frequency. How to calculate mutual fund returns? For instance, you made a one-time investment of 1 lakh rupees in a mutual fund program for 10 years. The rate of return on the investment, according to your calculation, will be 8% annually. The following formula can be used to determine the investment's future value:  Future Value = Present Value (1 + r/100)^n  Present Value (PV) = Rs 1,00,000  r = Estimated rate of return of 8% = 8/100 = 0.08  n = Duration of the investment which is 10 years.  At maturity or after 10 years, you must determine the Future Value (FV) of the mutual fund investment.  FV = 1,00,000 (1+8/100)^10  FV = Rs 2,15,892.5.  Hence, at an estimated return of 8%, the future value of the mutual fund investment after 10 years is Rs 2,15,892.5.  Source: Pexels The mutual fund calculator can also be used to determine the maturity value of SIP investment.  Use the formula:  FV = P [(1+i)^n-1]*(1+i)/i  FV = Future value or the amount you get at maturity.  P = Amount you invest through SIP  i = Compounded rate of return  n= Investment duration in months  r = Expected rate of return  For instance, you might use a SIP to invest Rs 1,000 each month in a mutual fund scheme. The investment has a 10-year term and an expected annual return rate of 8%.   You have I = r/100/12 = 8/100/12 = 0.006667. (You must multiply the rate of return by 12 to get the monthly amount.) Additionally, you have n = 120 months or 10 years.  FV = 1,000 [(1+0.006667)^120 – 1] * (1+ 0.006667)/0.006667  FV = Rs 1,84,170.  So, at an estimated rate of return of 8%, the future value of a SIP investment of Rs 1,000 each month for 10 years is Rs 1,84,170.  How to compare two mutual funds? Read More Nature of investment (SIP/Lumpsum)  Money can be invested in mutual funds in two different ways. You have the option of making a lump-sum investment or a SIP.  1. Lump-sum investment You are allowed to invest a substantial amount of your available funds in the mutual fund plan of your choice. The profit from the sale of an asset or an inheritance can also be invested. The risk is increased when investing a lump sum, though. It is therefore always advised to use the SIP method.  2. Systematic investment plan (SIP)   In a Systematic Investment Plan, you tell the bank to take a set amount each month out of your savings account and invest it in a mutual fund plan. You won't have to worry about waiting until the ideal moment to enter the market because you can buy units continuously with this method. Additionally, you can profit from rupee cost averaging and take advantage of compounding. FAQs What is the formula for ROI calculation?   The formula for ROI (Return on Investment) calculation is:  ROI = (Net Profit / Cost of Investment) x 100.  How to make 5 crore in 5 years?  Making 5 crores in 5 years is a challenging financial goal that typically requires significant investment, entrepreneurship, or successful business ventures. It may involve high-risk investments, real estate development, or starting a profitable business. Success is not guaranteed, and careful planning and risk assessment are crucial. Consult with financial experts for personalized advice.  How do you calculate 100% ROI?  To calculate a 100% ROI, you need to double your initial investment. The formula for ROI is:  ROI = (Net Profit / Cost of Investment) x 100  If the ROI is 100%, it means that the net profit is equal to the cost of investment. In other words, you have earned back the entire amount of your initial investment, resulting in a 100% return on your investment.  TALK TO AN EXPERT

Universities in New Zealand are known for their exceptional academic standards, cutting-edge research facilities, and welcoming environment for international students. In fact, according to the 2023 QS World University Rankings, 7 New Zealand universities rank in the top 500 globally, solidifying their reputation for excellence in higher education. While pursuing education abroad can often come with a hefty price tag, New Zealand offers a range of affordable universities that provide high-quality education at comparatively lower tuition fees. This makes New Zealand an attractive study destination for students worldwide, including Indian students seeking affordable options for pursuing their desired courses. In addition to the quality of education, New Zealand offers a range of scholarships and grants for international students, further easing the financial burden. Annually, New Zealand universities offer scholarships worth millions of dollars, providing opportunities for students to offset their tuition costs and pursue their academic dreams. It is important to note that while tuition fees play a significant role in choosing an affordable university, other factors such as the cost of living, accommodation, and availability of part-time work opportunities should also be considered. New Zealand also offers a favorable environment in these aspects, with reasonable living costs and a strong job market for international students. https://www.youtube.com/watch?v=tdwqQH0xkFw Universities in NewZealand 1. University of Auckland The University of Auckland consistently ranks among the top 100 universities worldwide and offers a wide range of programs. Known for its academic excellence and strong research focus, it provides ample opportunities for international students. The University of Auckland offers affordable tuition fees across various disciplines. Annual Tuition Fees (2023): - Arts and Social Sciences: NZ$ 35,000 - 45,000 (₹15 - 23 lakhs) - Business and Economics: NZ$ 40,000 - 50,000 (₹20 - 26 lakhs) - Science and Engineering: NZ$ 35,000 - 50,000 (₹18 - 26 lakhs) Top Value German Universities Read More 2. University of Canterbury The University of Canterbury is globally recognized for its research opportunities and innovative programs. With a diverse and multi-ethnic student community, it offers a vibrant and supportive learning environment. The university provides a range of affordable undergraduate and graduate programs across various fields. Annual Tuition Fees (2023): Undergraduate Programs: - Arts and Social Sciences: NZ$ 27,000 - 32,000 (₹14 - 16 lakhs) - Science and Engineering: NZ$ 31,000 - 40,000 (₹16 - 20 lakhs) - Commerce: NZ$ 31,000 - 34,000 (₹16 - 17 lakhs) Graduation Programs: - Arts and Social Sciences: NZ$ 33,000 - 50,000 (₹17 - 25 lakhs) - Science and Engineering: NZ$ 43,000 - 50,000 (₹22 - 25 lakhs) - Commerce: NZ$ 31,000 - 35,000 (₹16 - 18 lakhs) Affordable Universities in Singapore Read More 3. Lincoln University Lincoln University specializes in land-based agriculture and forestry education and ranks in the top 1.5% globally. With expertise in agriculture, horticulture, viticulture, and other fields, it offers a unique learning experience. Lincoln University provides affordable undergraduate and postgraduate programs in various disciplines. Annual Tuition Fees (2023): - Undergraduate Degrees: NZ$ 20,000 - 23,000 (₹10 - 12 lakhs) - Graduate Certificates and Diplomas: NZ$ 20,000 - 23,000 (₹10 - 12 lakhs) - Postgraduate Certificates and Diplomas: NZ$ 30,000 - 35,000 (₹15 - 18 lakhs) - Master's: NZ$ 38,000 - 40,000 (₹19 - 21 lakhs) - Ph.D.: NZ$ 7,500 - 7,600 (₹3.8 - 4 lakhs) Affordable Universities in Australia Read More 4. Auckland University of Technology (AUT) AUT is the second-largest university in New Zealand and offers various undergraduate, postgraduate, certificate, and diploma programs. Known for its focus on art, design, communication, and sports, AUT provides affordable education opportunities to international students. Tuition Fees (2023): - Math and Sciences: NZ$ 18,000 - 46,000 (₹9 - 24 lakhs) - Hospitality and Tourism: NZ$ 16,000 - 38,000 (₹8 - 20 lakhs) - Arts, Social Sciences, Law, and Sports: NZ$ 32,000 - 41,000 (₹16 - 21 lakhs) - Business: NZ$ 16,000 - 56,000 (₹8 - 29 lakhs) 5. Massey University Massey University is the top-ranked university in New Zealand and is known for its veterinary science, agriculture, and business programs. It offers undergraduate and postgraduate programs across various disciplines. Massey University also provides a range of scholarships, making it an affordable choice for international students. Annual Tuition Fees (2023): Undergraduate Programs: - Arts: NZ$ 34,000 - 37,000 (₹17 - 19 lakhs) - Science: NZ$ 38,000 - 43,000 (₹19 - 22 lakhs) - Business: NZ$ 30,000 - 35,000 (₹15 - 18 lakhs) Postgraduate Programs: - Arts: NZ$ 37,000 - 40,000 (₹18 - 21 lakhs) - Science: NZ$ 38,000 - 43,000 (₹19 - 22 lakhs) - Business: NZ$ 32,000 - 35,000 (₹16 - 18 lakhs) Conclusion By choosing to study at one of these universities, Indian students can experience the best of both worlds: obtaining a world-class education and immersing themselves in New Zealand's unique cultural and natural beauty. New Zealand's universities are known for their rigorous academic programs, innovative teaching methods, and state-of-the-art facilities, ensuring that students receive a well-rounded education that prepares them for future success. The affordable education, academic excellence, cultural diversity, and breathtaking landscapes make New Zealand an exceptional choice for Indian students seeking an enriching study-abroad experience. By choosing one of the cheapest universities in New Zealand, students can embark on a transformative journey that lays the foundation for a successful and fulfilling future.

Starting a new school year can be an exciting time, but it can also be nerve-wracking, especially if you're attending a new school or transitioning to a higher grade level. The first day of school can set the tone for the rest of the year, so it's important to prepare as much as possible. https://www.youtube.com/watch?v=tdwqQH0xkFw Eight tips to help you prepare for the first day at school 1. Get organized Getting organized is one of the best ways to prepare for the first day of school. Make a list of all the supplies you need, such as textbooks, notebooks, folders, pens, pencils, and other materials. Gather all the necessary supplies and put them in a designated spot, such as a drawer or backpack. This will help you stay organized throughout the school year and ensure that you have everything you need for each class. 2. Review your schedule and school map If you have received your class schedule, review it carefully. Make note of the times, locations, and teachers for each of your classes. Familiarize yourself with the layout of the school, including where your classes are located, where the restrooms and cafeteria are, and any other important locations. This will help you feel more confident and less lost on the first day of school. 5 Tips to Apply for ART School Read More 3. Practice your routine If you're starting at a new school or taking a different route to school, practice your routine before the first day. Wake up early, get dressed, and leave the house at the same time you would on a school day. This can help you get into the habit of waking up early and ensure that you arrive at school on time. 4. Connect with classmates If you know other students who will be attending the same school or class as you, try to connect with them before the first day. This can help you feel more comfortable and less alone on the first day of school. You can connect through social media platforms or arrange to meet up with them before school or during lunchtime to catch up and get to know each other better. https://www.youtube.com/watch?v=VJ0F69KTZgs 5. Talk to acquaintances from the same school If you don't know anyone at your new school, don't worry. You can still connect with other students and make new friends. Consider reaching out to acquaintances or friends of friends who attend the same school. You can ask for advice, tips, and recommendations on how to navigate the school and make new friends. 6. Set goals Before the first day of school, take some time to set academic and personal goals for the upcoming year. This can help you stay motivated and focused throughout the year. Be sure to set realistic goals that are specific, measurable, and achievable. For example, you may want to aim for a certain GPA or to get involved in a specific extracurricular activity. Start SIP for Child Education 7. Be ready to face surprises No matter how much you prepare for the first day of school, there may still be some surprises. For example, you may have a substitute teacher on the first day, or your schedule may change unexpectedly. Try to stay flexible and open-minded, and don't be afraid to ask for help if you need it. 8. Get plenty of rest Finally, it's important to get plenty of rest before the first day of school. This means going to bed early and getting at least eight hours of sleep each night. Getting enough rest can help you feel more alert and focused on the first day of school, which can help you perform better academically. Conclusion In conclusion, the first day of school can be a daunting experience, but with the right preparation and mindset, it can be an exciting and enjoyable time. By following the tips outlined above, you can ensure that you are ready for the challenges and opportunities that lie ahead. Remember to take the time to get organized, review your schedule and school map, practice your routine, connect with classmates and acquaintances, set goals, be ready for surprises, and get plenty of rest.  The first day of school is just the beginning of a new academic year, and it's important to approach it with a positive attitude and an open mind. Embrace the opportunities to learn, grow, and make new friends, and don't be afraid to ask for help if you need it. With the right mindset, preparation, and support, you can make the first day of school a success and set yourself up for a great year. Good luck! FAQs How can I feel less lost on the first day of school? Review your class schedule and school map beforehand. How can I be on time for school on my first day? Practice your morning routine, including waking up and leaving at the usual school time. What should I do to prepare for my first day of school? Set goals for the year, get enough sleep, and be open to surprises on the first day. Talk To An Expert

ICICI Prudential Mutual Fund is the second-largest asset management company in India. With over Rs 5 lakh crore, the AMC is among the most trusted names in the mutual fund space. It offers products across asset classes. Let us talk about the flagship product – ICICI Prudential Midcap Fund.  https://www.youtube.com/watch?v=iK748JVOU08 ICICI Prudential Midcap Fund   Investment Objective The scheme's primary objective is to seek to generate capital appreciation by actively investing in diversified mid-cap stocks.  Investment Process   Diversification: The scheme aims at maintaining a well-diversified portfolio with the flexibility to invest across sectors.  Opportunistic Investment: The scheme shall follow a bottom-up approach in identifying midcap companies with proven products or services and above-average earnings growth. Midcap companies can deliver capital appreciation due to faster earnings growth.  Portfolio Composition  As per its investment objective, the equity exposure is majorly in mid-cap stocks at around 81%, and large and small cap had exposure of roughly 15% and 4%, respectively. The fund is well diversified across various sectors such as Auto Components, Cement & Cement Products, Industrial Products, Ferrous Metals, Realty, etc. The top 5 sectors hold nearly 44% of the portfolio. Note: Data as of 30th June 2023.Source: ICICI Pru AMC Top 5 Holdings for ICICI Prudential Midcap Fund   Name Sector Weightage % Hindustan Petroleum Corporation Ltd. Petroleum Products 4.52 Balkrishna Industries Ltd. Auto Components 4.00 Jindal Steel & Power Ltd. Ferrous Metals 3.26 Lupin Ltd. Pharma and Biotech 3.01 Minda Industries Ltd. Auto Components 3.00 Note: Data as of 30th June 2023. Source: ICICI Pru AMC Performance Since Inception  If you had invested 10,000 at the fund's inception, it would now be valued at Rs 181,040.  Note: Fund performance since launch; InceptionDate – 28th October 2004. Source: icicipruamc.com Since its inception, the fund has given consistent returns by generating a CAGR (Compounded Annual Growth Rate) of 16.65%.  Invest In Fund Fund Manager  The fund is ably managed by Mr. Lalit Kumar, who has 14 years of experience and manages seven funds.  Who Should Invest?  The scheme is suitable for investors who wish to invest in companies in the midcap space that are likely to transform into tomorrow's market leaders over a long period of time.  Why Invest?  The scheme offers diversification to investors looking to invest across various sectors.   The scheme provides access to well-researched mid-cap companies with a higher return potential and could grow to become tomorrow's market leaders in their respective segments.   Ideal Time Horizon  One should look at investing for a minimum of five years or more.  Investment through Systematic Investment Plan (SIP) may help tackle broader equity market volatility.  Conclusion  The scheme provides access to well-researched mid-cap companies with a higher return potential and could grow to become tomorrow's market leaders in their respective segments. However, the fund has underperformed its benchmark. Hence, investors need to remain invested long-term to witness alpha generation. 

Previously we discussed the Top 10 large-cap mutual funds and mid-cap mutual funds in this article, we will discuss the top 10 small cap mutual funds in India. A small-cap mutual fund is a fund that invests majorly in small-cap companies as per market capitalization. As per SEBI regulations, a small-cap fund is required to invest a minimum of 65% of its assets in small-cap companies through equity. https://www.youtube.com/watch?v=DE-WJ24C1R8 Advantages: Attractive Valuation: Small-cap funds invest in small-cap companies majorly, so there are various companies that are available at cheaper and attractive valuations. Very High Growth Potential: Companies in these funds have very high growth potential because of their size and flexibility to change. The companies have the potential to become mid & large-cap companies in the future. Top 10 small-cap mutual funds S.No.Fund Name3-Yr Annualized Performance1Quant Small Cap Fund Direct Plan-Growth40.21 %2Bank of India Small Cap Fund Direct-Growth34.65 %3Canara Robeco Small Cap Fund Direct-Growth34.26 %4Kotak Small Cap Fund Direct-Growth31.30 %5Edelweiss Small Cap Fund Direct-Growth29.93 %6Nippon India Small Cap Fund Direct Plan Growth Plan29.19 %7Union Small Cap Fund Direct-Growth29.14 %8Tata Small Cap Fund Direct-Growth28.25 %9ICICI Prudential Small Cap Fund Direct Plan-Growth27.38 %10Axis Small Cap Fund Direct-Growth27.28 %Note: Data as of July 16, 2022Source: Morningstar https://www.youtube.com/watch?v=TIFEdoSEzC8 1. Quant Small Cap Fund Direct Plan-Growth - Small cap mutual funds 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. The fund captured the market well when it was rising.Volatility is very high. 2. Bank of India Small Cap Fund Direct-Growth - Small cap mutual funds 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. ProsConsRisk Grade is below average. Well-diversified portfolio.The fund has a high expense ratio. 3. Canara Robeco Small Cap Fund Direct-Growth - Small cap mutual funds 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. ProsConsThe fund captured the market well when it was rising. Fund captured the market well when it was falling.Less exposure to small-cap stocks. 4. Kotak Small Cap Fund Direct-Growth - Small cap mutual funds 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. 5. Edelweiss Small Cap Fund Direct-Growth - Small cap mutual funds Fund analysis: The fund has outperformed the category and the benchmark with good margins. The risk grade is below average and the returns grade is above average. The fund has delivered consistent returns over different horizons and has a well-diversified portfolio of 75 growth stocks, investing across market capitalization. The fund has low risk (measured in standard deviation) than the category average. ProsConsThe fund captured the market well when it was falling. Relatively less downside risk.Returns are above average. 6. Nippon India Small Cap Fund Direct Plan Growth Plan - Small cap mutual funds Fund analysis: The primary objective of the scheme is to generate long-term capital appreciation by investing predominantly in small-cap companies and the secondary objective is to generate consistent returns by investing in debt and money market securities. The risk grade is above average and the returns grade is above average. The fund has a well-diversified portfolio across market capitalization and sectors. The fund has a high risk (measured in standard deviation) than the category average. ProsConsConsistent compounder. The fund captured the market well when it rose.The fund has a high expense ratio. Source: pixabay 7. Union Small Cap Fund Direct-Growth - Small cap mutual funds Fund analysis: The fund is rated 3-star by Morningstar. The risk grade is below average and the returns grade is above average. The fund has a well-diversified portfolio across market capitalization and sectors. The top 10 holdings of the fund consist of 29.08% only and the fund holds a total of 54 stocks in the portfolio. 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.The fund has a high expense ratio. 8. Tata Small Cap Fund Direct-Growth - Small cap mutual funds Fund analysis: The fund has outperformed the category average marginally. The risk grade is low and the returns grade is above average. The fund has a beta of 0.86 indicating that the fund’s movement is less relative to the market movement. The fund has low risk (measured in standard deviation) than the category average. ProsConsWell-diversified portfolio.Relatively low risk.Fund was not able to capture the market well when it was rising. 9. ICICI Prudential Small Cap Fund Direct Plan-Growth - Small cap mutual funds Fund analysis: The fund’s objective is to seek to generate capital appreciation by predominantly investing in small-cap stocks. The risk grade is above average and the returns grade is average. The fund is rated 3-star by Morningstar. The fund has a balanced approach towards investing by investing in aggressive stocks along with maintaining less downside. The fund has a high risk (measured in standard deviation) than the category average. ProsConsThe fund has high exposure to small-cap companies. Stable returns.Exit Load of 1% before 1-Yr. 10. Axis Small Cap Fund Direct Plan-Growth - Small cap mutual funds Fund analysis: The fund is giving consistent returns over the long term with an attractive risk-to-reward ratio. The fund is 5-star rated by Morningstar. The risk grade is below average and the returns grade is above average. The fund has a beta of 0.80 indicating that the movement of the portfolio has very less relation to the market movement. The fund has outperformed the category and the benchmark. The fund has low risk (measured in standard deviation) than the category average. ProsConsAttractive risk-to-reward ratio.Consistent performer.Fund was not able to capture the market well when it was rising. 3 ETFs in Small Cap Category Read More Features of Small Cap Mutual Funds Here are the features of small-cap mutual funds:   Invest in small-cap companies: Small-cap mutual funds invest primarily in small-cap companies. This is the most important feature of this type of mutual fund. These companies are new players with high potential, high risk, and high returns. The growth horizon of these funds is higher than those of mid-cap or large-cap mutual funds.  High Risk: A big feature of small-cap mutual funds are risky funds when compared to large and mid-cap funds. This is because these companies are new and   High Returns: Small-cap mutual funds can yield high returns. This is because small-cap funds invest in small-cap stocks that have the potential to beat the market and inflation. These funds experience high returns during a bull market and have the potential for extreme lows during a market fall.  Investment Horizon: The time period of investing in small-cap mutual funds is long-term. The minimum holding period is 7 years so that you can divide your risks and manage the market volatility that comes with small-cap mutual funds.   Volatile: Small-cap mutual funds are volatile in nature. They have the potential to provide high returns at high risk. They can be more sensitive to market upheavals than mid-cap or large-cap mutual funds.   Benefits of investing in top small-cap mutual funds  High growth: The biggest benefit of investing in small-cap mutual funds is the high growth. Small-cap companies are new players and are in the early stages of growth. They have a higher growth potential than others and can be beneficial for new investors.   Low pricing: Small-cap mutual funds have stocks that are priced well and have the potential of giving high returns. These stocks are new to the market and not actively followed, hence they are priced well and investors have the benefit of taking them on early.   Add diversity: Investing in small-cap mutual funds adds diversification to one’s portfolio. They are volatile, have high potential growth, and help with boosting one’s overall growth.   High returns: The greatest benefit of investing in small-cap mutual funds is the potential of maximizing high returns. Long-term investing: Small-cap mutual funds are seen as long-term funds. Investors are advised to take invested for 7 years minimum to balance out the risks taken during market falls.   SIP and lumpsum option: Another benefit is the flexibility of investing. You can invest in a lumpsum manner or as a SIP investor every month. This means whether you are a small or big investor, risk-averse or not, you can reap the benefits of investing in small-cap mutual funds.  Tax benefits: By investing in small-cap mutual funds for more than one year, your capital gains are under Long Term Capital Gain. Thus, LTCG of up to Rs. 1 lakh is not taxed and any gains above this amount are taxed at 10% without indexation!    Taxability of Small cap mutual funds   The taxability of small-cap mutual funds depends on the exposure and time horizon. An equity mutual fund has an equity exposure of greater than 65%. For equity mutual funds, if the gains have been realized within 12 months of holding, then the applicable tax rate is flat at 15% on the gains (irrespective of your income tax bracket).    When the holding period exceeds 12 months, the capital gains of Rs. 1,00,000 are exempt from taxes. Any amount upwards of Rs. 1,00,000 is taxable at 10%, along with the provision of indexation benefits.   For debt mutual funds (funds with greater than 65% exposure to debt instruments) – the holding period is considered short-term if it is less than 36 months; anything more than that is long-term.   For the short term, the tax rate is in accordance with your income tax slab. On the other hand, for debt funds held for more than 36 months, the gains are taxable at a flat rate of 20% post-indexation (plus, some cess and surcharge are added).   A possible third case is hybrid funds (funds with a mix of debt and equity) it is simple, their tax treatment is supposed to be on the basis of the fund’s exposure to debt and equity.   If the hybrid fund is equity-focused: LTCG is charged at 10% on capital gains exceeding Rs. 1 lakh (without indexation), and STCG is charged at 10%. If the hybrid fund is debt focused: LTCG is charged at 20% with indexation benefits, and STCG is charged per income tax slab.   Conclusion: For any investor who wants to create wealth over a long-term horizon by taking high risks, investing in fast-growing new-age companies. Investors investing in these funds should be cautious of high volatility during the investment journey FAQs Which mutual fund is best in the small-cap? Here are some of the best mutual funds in small cap category: Quant Small Cap Fund Direct Plan-Growth - Small cap mutual funds Bank of India Small Cap Fund Direct-Growth - Small cap mutual funds Canara Robeco Small Cap Fund Direct-Growth - Small cap mutual funds Kotak Small Cap Fund Direct-Growth - Small cap mutual funds Edelweiss Small Cap Fund Direct-Growth - Small cap mutual funds What are small-cap mutual funds? A small-cap mutual fund is a fund that invests majorly in small-cap companies as per market capitalization. As per SEBI regulations, a small-cap fund is required to invest a minimum of 65% of its assets in small-cap companies through equity. Is small-cap mutual fund safe? Small-cap mutual funds are risky investments. They have the potential of yielding high gains and high losses due to their sensitivity to market changes. Is a small cap good for SIP? Yes, you can invest in small-cap mutual funds via SIP. It is the best way to balance risk and stay invested for the long term. Which small-cap fund gives the highest returns? Quant Small Cap Fund Direct Plan-Growth - Small cap mutual funds What are the advantages of investing in small cap funds? Here are two main advantages of investing in small cap funds: Attractive Valuation: Small-cap funds invest in small-cap companies majorly, so there are various companies that are available at cheaper and attractive valuations. Very High Growth Potential: Companies in these funds have very high growth potential because of their size and flexibility to change. The companies have the potential to become mid & large-cap companies in the future. What are the taxability of small-cap mutual funds? The taxability of small-cap mutual funds depends on the exposure and time horizon. An equity mutual fund has an equity exposure of greater than 65%. For equity mutual funds, if the gains have been realized within 12 months of holding, then the applicable tax rate is flat at 15% on the gains (irrespective of your income tax bracket). 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 fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes.

In the previous article, we discuss how to financially prepare to send your child abroad. In this article, we will discuss what is better for children studying law in the UK or USA 80% of Indian students flock to study in the UK, USA, or Canada for law, MBA, and STEM courses. This is because these countries offer tremendous academic opportunities, a brilliant ROI, and a chance to work globally. Since law is the most popular course pursued by Indians, let’s see which is better - studying law in the UK or the USA for your child.   Law in the USA  The USA is a preferred country for higher education for most of the students in India. It is one of the best choices for studying law because it offers a plethora of dignified universities to elevate your child’s CV. Not only will it improve their communication skills and strategies, but it can also provide them with exposure to different law specializations that other universities may not offer. From moot courts to internships, the exposure offered by Law Schools in the USA is tremendous; this is why these schools have a very low acceptance rate and are highly competitive.    Some of the best law universities in the USA are as follows:  Yale University  Stanford University  University of California, Berkeley  Harvard University  Columbia University  Law in the UK  The UK offers the best environment to work and learn simultaneously. Since the law system is similar to that of India studying here allows you to practice in both countries. Your child can grab opportunities that will help them build connections and work across the globe.   Some of the best law universities in the UK are as follows:  London School of Economics  King’s College London  University of Cambridge  University of Edinburgh  University College London Important parameters to consider while choosing the UK or the USA 1. Living costs  Living Cost is one of the necessities that have to be dealt with. Public transportation is not comprehensive in the United States of America. Hence, the transportation costs go a little because you will have to go for a private vehicle. The situation is better than in the United Kingdom and will cost you less. On the contrary, various activities, including eating out, shopping, and so on, are relatively cheaper than in the United Kingdom. The rents of apartments will vary from one location to the other, so you cannot fix a budget prior without knowing where you are supposed to live.   2. Tuition fees  Tuition fees for a law degree are higher in the United States of America than in the United Kingdom. The best universities offering the degree in regulation in the USA are often private. The best and most prestigious universities in the UK function under the government. The tuition fees in the best universities in the UK can range from around Rs 20,00,000 to Rs 28,00,000, whereas the amount is Rs 40,00,000 to Rs 54,00,000 in the USA.   3. Career planning  If you are drawn towards studying law in the USA, choose the university wisely that allows you to take the bar exam. To practice in the USA, this is a compulsory step. The UK proves to be better for students if they plan to pursue a career right after their education ends. You can study and then start working anywhere in the country. Also, UK universities have strong links with local businesses and legal communities, which will help you get a job immediately. UK’s new post-study visa and student policies have made looking for jobs easier for international students. Reasons why the UK is better than the USA   The UK is considered a popular choice in terms of cost, ease of finding a job and practicing in both your domestic and the UK.  1. Exposure  The classrooms of the United Kingdom have students from various backgrounds and cultures. Hence, it will give you broad exposure to meeting new people and developing skills.  2. No SAT or LSAT  You do not have to present your SAT or LSAT score to the universities to get admission. But this is not true if you go to universities in the USA.   3. Fees  Fees are another crucial factor that determines your budget. The UK is considerably cheaper than the USA, so you can go ahead with the universities in the UK if you are tight on budget.  Analyzing the ROI as well as the cost involved should be the deciding factor in helping your child choose between the UK or the USA for a law degree. Start saving to make sure your financial planning does not stop them from practicing law in their favorite country!  FAQs What are the differences between UK and US lawyers?   In the UK, the legal profession is divided into solicitors and barristers. Solicitors provide legal advice and handle legal matters for clients, while barristers specialize in advocacy and represent clients in court. In the US, there is a unified legal profession where lawyers can handle both advisory and advocacy roles without a formal division, like solicitors and barristers in the UK.   What is the easiest way to get a law degree?   The easiest way to obtain a law degree may depend on individual circumstances and preferences. However, studying law in the UK is often considered relatively straightforward. Undergraduate law degrees in the UK, such as the LLB, typically take three years to complete, which is shorter than the four-year programs in the US or longer combined undergraduate and graduate programs in some countries. While studying law in the UK can offer a focused and efficient path to a law degree, it's important to consider other factors such as career goals, personal interests, and the specific requirements and opportunities provided by different educational systems.  Can UK lawyers practice in the US?   Yes, UK lawyers can practice in the US, but the process varies by state requirements. Generally, UK lawyers need to pass the bar exam in the state they intend to practice. Some states may also require additional educational or training programs for foreign-trained lawyers to qualify for bar admission. Researching and understanding state-specific requirements is essential. Consulting with legal authorities or organizations specializing in international legal practice can provide guidance and support throughout the process.   Which country is better for studying law - the UK or the USA?   The answer depends on individual goals and preferences. If pursuing a legal career immediately after education, studying law in the UK may be preferable. The UK offers a three-year undergraduate law degree (LLB) that qualifies graduates to become solicitors or barristers. If interested in working in the US legal system, studying law in the US may be more beneficial due to the distinct legal framework, laws, and practices. A US law degree may provide advantages in terms of networking and job opportunities for practicing law in the US.   TALK TO AN EXPERT

In the previous article, we discussed foreign investment. In this article, we will discuss SIP investments. SIP, also known as a Systematic Investment Plan, is a facility offered by mutual funds to investors to invest in a fund properly. With a SIP facility, investors can invest a fixed amount of money in pre-defined intervals.   Note that the fixed amount of money can be as low as INR 500. The SIP route to investment is necessary as it helps you to invest in a time-bound manner. There is no need to worry about market dynamics when you are investing via SIPs. What is SIP investment?  Currently, Indian Mutual Funds have currently about 5.5 crore SIP accounts through which investors invest in various schemes. A SIP is one of the two ways in which you can invest in a mutual fund scheme. The other way to invest in mutual funds is through a lump sum amount. In a SIP, you essentially invest a fixed amount of your money on a specific date.   Note that every mutual fund comes with its own minimum investment amount that you have to strictly adhere to. To achieve financial success in our lives, we typically tend to work harder. And it is only by working hard that we can achieve our objectives in life. But with a SIP, your success is always in progress.   SIP allows you to invest in mutual funds monthly, quarterly, and step-by-step. It is essential to note here that SIP averages out your cost of investing. Moreover, with SIPs, you can benefit from the power of compounding. What makes SIPs stand out is their ability. SIP plans for child's education Read More Top 10 mutual funds for SIP to Invest in 2023 Here are the top ten mutual funds for SIP to invest in 2023:  Name of the Fund Asset Class Category DSP Tax Saver Fund Direct Plan Growth Option Equity India Fund: ELSS DSP Flexi Cap Fund Direct Plan-Growth Equity India Fund: Flexi Cap Quant Active Fund Growth Option Direct Plan Equity Multi-cap Axis Midcap Fund Direct Plan-Growth Equity Mid-cap Navi Nifty 50 Index Fund Direct-Growth Equity Index Fund - Nifty Navi Nifty Next 50 Index Fund Direct-Growth Equity Index Fund - Nifty Next 50 Axis Small Cap Fund Direct-Growth Equity Small Cap ICICI Prudential Technology Fund - Direct Plan-Growth Equity Thematic - Technology ICICI Prudential Balanced Advantage Fund Direct Plan-Growth Hybrid Dynamic Asset Allocation Tata Hybrid Equity Fund - Direct Plan-Growth Hybrid Aggressive Hybrid     https://www.youtube.com/watch?v=wEA3dKj7q5U How to invest in SIP?  Investing in a SIP has become pretty simple. As an investor, you can invest in SIPs right from the comfort of your home. Here are the necessary steps to follow while investing in a SIP.   1. Keep all the Necessary Documents Ready   You have to ensure that all the essential documents are ready before starting to invest. Since it is a long procedure, you can keep all the important documents handy like PAN card, ID proof, and address proof. Also, ensure that your bank account and PAN details are correct.   2. Get your KYC Done   Comply with KYC norms before investing in any financial product. For KYC registration, you can also apply online.   3. Register for a SIP   To start investing in a SIP, you need to register with financial advisors or institutions. After registering, you can choose from a large number of funds.   4. Select the Right SIP Plan for Good Returns   Selecting the right SIP plan is one of the most crucial aspects. If you fail to choose the right plan, it will be tough to get a good return on your overall investment. Before investing in a SIP, consider the below-mentioned parameters.   Risks associated with the SIP   The number of units involved in a SIP investment   The type of investor you are   Select the Amount: Select the amount you want to invest in the scheme How can you invest in SIP using EduFund?  Saving for your child’s education is easy when you have a financial partner to help you. From calculating the cost of education in different countries for different courses to saving via SIPs in 4000+ mutual funds from top AMCs like TATA, Navi, and DSP; you start at just Rs. 100!   Here is how simple it is to save with EduFund  Using the College Cost Calculator, find out how much you need to save for your child’s education   Once you know much you need, start saving via SIP or Lumpsum. You can get the monthly amount based on your budget and explore the customized funds that can help you get closer to your goal  After selecting the funds, allow the SIP mandate from your bank account or make a lump sum order. That's it! You are ready to fund your child’s dream education in no time!  SIP is a great way to reach long-term and short-term goals. You can start a SIP for saving up for your child’s college to his/her laptop by deciding how much you need to invest every month and when you need the funds for your set goal. Make the most of the financial instruments and start saving!   FAQs What does an SIP means? Systematic Investment Plans or SIPs is a popular way of investing in investment tools like Mutual Funds, ETFs and stocks. SIPs build financial discipline, help one build wealth for the future and a steady corpus for emergencies. You can start small and invest monthly in mutual funds. Is SIP better than FD? SIPs offer higher interest rates than FDs. Both are great investments to build future wealth. Which SIP is best for 1000 per month? Here are some good mutual funds to consider: DSP Tax Saver Fund Direct Plan Growth Option Equity India Fund: ELSSDSP Flexi Cap Fund Direct Plan-Growth Equity India Fund: Flexi CapQuant Active Fund Growth Option Direct Plan Equity Multi-capAxis Midcap Fund Direct Plan-Growth Equity Mid-capNavi Nifty 50 Index Fund Direct-Growth Talk To An Expert