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The fee structure of Australian universities, including the fees for international students, plays a crucial role in determining the affordability and accessibility of higher education. Understanding the fee structure of Australian universities is essential for prospective students seeking information on tuition costs and financial planning. https://www.youtube.com/watch?v=tdwqQH0xkFw Tuition fees for international students  Australian universities offer a wide range of courses and programs to international students, but the tuition fees can vary depending on several factors. Generally, international students can expect to pay higher tuition fees compared to domestic students. The fees are determined based on the level of study (undergraduate or postgraduate), the field of study, and the specific university. It is important to note that tuition fees can differ significantly between universities and even between different programs within the same institution.  Fee components  The fee structure of Australian universities consists of various components apart from tuition fees. These additional fees may include enrollment fees, library fees, laboratory fees, student service fees, and material fees, among others. It is advisable for prospective international students to carefully review the fee structure of their chosen university and program to have a clear understanding of all the associated costs.  Calculate exact cost of studying abroad Fee payment options  Australian universities provide flexible options for paying tuition fees. International students can choose to pay their fees upfront for each semester or decide on installment payments. Some universities also offer scholarships or financial assistance programs that can help offset the cost of tuition fees for eligible students. It is important to explore these options and consult with the university's international student office for detailed information.  Scholarships and financial aid  To promote diversity and attract talented students, Australian universities offer various scholarships and financial aid programs specifically designed for international students. These scholarships can provide partial or full coverage of tuition fees, living expenses, and other related costs. It is crucial for international students to research and apply for scholarships well in advance as competition can be high.  Apply for a scholarship worth INR 1 CR Living expenses  In addition to tuition fees, international students need to consider the cost of living in Australia. Expenses such as accommodation, meals, transportation, health insurance, and personal expenses should be factored into the overall budget. Australian universities often provide guidance and resources to help students estimate their living expenses and plan accordingly.  Fee Structure of Canadian University Read More Fee variations and discounts  While tuition fees for international students in Australian universities can be higher compared to domestic students, there may be variations and discounts available. Some universities offer reduced fees for certain programs or specific countries. Additionally, early payment discounts or fee waivers might be available for students who pay their tuition fees in full before a certain deadline. It is worth exploring these opportunities to potentially reduce the overall cost of education.  Cost of health insurance  International students studying in Australia are required to have health insurance coverage. The cost of Overseas Student Health Cover (OSHC) varies depending on the provider and the duration of the program. It is important to consider this additional expense when budgeting for education in Australia.  Part-time work opportunities  International students in Australia are allowed to work part-time while studying. This can provide an additional source of income to help cover living expenses and reduce the financial burden. However, it is important to balance work and study commitments to ensure academic success remains the top priority.  How to save money every day? Read More Long-term financial planning  Considering the high cost of education and living expenses, it is crucial for international students to engage in long-term financial planning. This includes developing a budget, exploring potential sources of funding such as scholarships, and considering part-time employment opportunities. Financial institutions in Australia also provide banking services tailored to international students, which can assist with managing finances effectively.  Monitoring fee changes  It is important to stay updated on any changes in the fee structure of Australian universities. Tuition fees and other related costs may vary from year to year, and it is essential to be aware of any modifications to make informed decisions. Regularly checking the university's official website, contacting the admissions office, or seeking advice from educational consultants can help stay informed about any fee changes.  Budgeting Myths to Bust Read More Consideration of exchange rates  International students should consider the exchange rate between their home currency and the Australian dollar when budgeting for their education. Exchange rates can fluctuate, which can impact the overall cost of studying in Australia. It is recommended to keep track of exchange rates and consider any potential impact on tuition fees and living expenses.  How to get double taxation relief Read More Additional fees for specific programs  Certain programs, such as medical, dental, or engineering degrees, may have additional fees associated with specialized equipment, materials, or practical training. International students interested in these programs should inquire about any extra costs during their research to ensure they have a comprehensive understanding of the financial requirements.  Researching university rankings and reputation  When evaluating the fee structure of Australian universities, it is crucial to consider the institution's rankings and reputation. Higher-ranked universities may have higher tuition fees but can also offer greater opportunities for academic and career advancement. Balancing the cost of education with the quality and reputation of the university is an important aspect of decision-making.  https://www.youtube.com/shorts/Gs1p_6rVuI8 Utilizing university support services  Australian universities typically provide support services for international students, including financial counseling and assistance. These services can help students navigate the fee structure, explore scholarships and grants, and provide guidance on managing finances effectively. International students should take advantage of these resources to make informed financial decisions.  https://www.youtube.com/shorts/1ZI5xfmRB0g Seeking advice from current students or alumni  Speaking with current students or alumni of Australian universities can provide valuable insights into the fee structure and overall student experience. They can share their firsthand experiences, offer advice on managing finances, and provide information on potential scholarships or financial aid opportunities. Connecting with student groups or alumni associations can be a helpful way to gather additional information.  Understanding the fee structure of Australian universities is crucial for international students. By researching, planning, and exploring available resources, students can make informed financial decisions and embark on a rewarding educational journey in Australia. 

ICICI Prudential Mutual Fund is the second-largest asset management company in India. With over Rs 3 Lakh crore, the AMC is among the most trusted names in the mutual fund space. The AMF offers products across asset classes.   ICICI Prudential Dividend Yield Equity Fund Investment Objective The fund's investment objective is to provide medium to long-term capital gains and/or dividend distribution by predominantly investing in a well-diversified portfolio of equity and equity-related dividend-yielding company instruments.  Investment Process   At least 65% of the portfolio would be invested in dividend-yielding stocks. While the criterion of dividend yield would be used to identify the investment universe from which the portfolio will be constructed, within this universe, there will be a strong focus on selecting companies that have good corporate governance, strong fundamentals and growth prospects, good track record and consistency of dividend payments and low stock volatility.  Portfolio Composition  The fund primarily invests in equity and equity-related instruments of the companies with 88.51% allocation to equity as on 30th April 2023. The fund had the highest exposure to financial sector companies with the top five sectors amounting to more than 60% of the portfolio.  Note: Data as of 30th April 2023. Source: Value Research Top 5 Holdings for ICICI Prudential Dividend Yield Equity Fund  Name Sector Weightage % ICICI Bank Ltd Financial Services 7.17 NTPC Ltd Power 6.57 Sun Pharmaceuticals Pharmaceuticals 6.15 Infosys Ltd. Information Technology 5.18 HDFC Bank Ltd Financial Services 4.58 Note: Data as of 30th April 2023. Source: Value Research  Performance  If you had invested 10,000 at the fund's inception, it would now be valued at more than Rs 29,170.  Note: Fund performance as on 31st March 2023 since launch; Inception Date:16th May 2014. Source: ICICI Prudential MF The fund has given consistent returns and has outperformed the benchmark over the years by generating a CAGR (Compounded Annual Growth Rate) of 12.81%.   ICICI Prudential India Opportunity Fund Read More Fund Manager  Mittul Kalawadia – As a fund manager, Mittul currently manages multiple funds at ICICI Prudential AMC. Before being a fund manager, he was a research analyst for multiple vital sectors. He started his career with ICICI Prudential AMC and has garnered an overall work experience of 11 years. His core competency lies in portfolio management and security analysis. By qualification, he is a Chartered Accountant.  Who should invest in ICICI Prudential Dividend Yield Equity Fund?  The scheme is suitable for:  Investors who seek to invest in dividend-yielding stocks along with potential capital appreciation.  Investors who wish to invest for a long period (five years or more).  Why invest in ICICI Prudential Dividend Yield Equity Fund?  High dividend yield stocks are more likely to help in limiting downside risk than other stocks in falling equity markets. On the other hand, these stocks show good possibilities of capital appreciation in reviving the market.  Investors willing to invest across all market caps can consider this scheme for investing.  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  Dividend Yield Funds provide the opportunity for capital growth as well as limit the downside risk in case of a bear market, as the companies in which the funds are invested are considered to be stable since they can pay good dividends. ICICI Prudential Dividend Yield Equity Fund has outperformed the benchmark consistently, and hence investors can consider this to create wealth for the long term.  INVEST IN THE FUND DisclaimerThis is not recommendation advice. All information in this blog is for educational purposes only

The fee structure of German universities, including the fees for international students, is an important consideration for those seeking higher education in Germany. https://www.youtube.com/watch?v=tdwqQH0xkFw In this article, we explore the various aspects of the fee structure of German universities and shed light on the different costs involved. Fee Structure of German Universities Tuition fees for International students  German universities have a unique approach to tuition fees, particularly for international students. Unlike many other countries, most public universities in Germany do not charge tuition fees for undergraduate programs. This applies to both domestic and international students, making it an attractive option for those seeking affordable education.  Calculate the cost of studying in Germany Semester contribution  While tuition fees are generally waived for undergraduate programs, students are required to pay a semester contribution, which varies across universities. This contribution covers administrative costs, student services, and public transportation passes, among other amenities. The semester contribution can range from around €100 to €350 per semester, depending on the university and location.  Tuition fees for master's and Ph.D. programs  Although undergraduate programs are tuition-free, some German universities do charge tuition fees for certain master's and Ph.D. programs, especially those in specialized fields. The tuition fees for these programs can vary significantly, ranging from a few hundred euros to several thousand euros per semester. International students should research their specific program of interest to determine if tuition fees apply.  Tax saving options for Salaried Individuals Read More Private Universities  In addition to public universities, Germany is home to a number of private universities. Private universities in Germany do charge tuition fees, which can be considerably higher compared to public institutions. The fees for private universities vary widely and can range from a few thousand euros to tens of thousands of euros per year, depending on the institution and program.  Scholarships and Financial Aid  To support international students, German universities and various organizations offer scholarships and financial aid opportunities. These scholarships may pay for both living costs and tuition. It is advisable for international students to explore these options, as they can provide financial relief and make studying in Germany more accessible.  Apply for Scholarship worth INR 1 CR Additional living expenses  Apart from tuition fees and semester contributions, international students should also consider their living expenses while studying in Germany. These expenses include accommodation, food, transportation, health insurance, and personal expenses. Each city or region has a different cost of living. For example, major cities like Munich and Frankfurt tend to have higher living costs compared to smaller towns or rural areas.  Fee Structure of Canadian Universities Read More Health Insurance  Every international student learning in Germany must have health insurance. International students are required to have health insurance coverage throughout their studies. There are two types of health insurance options available: statutory health insurance and private health insurance. Statutory health insurance is usually more affordable and meets the requirements of most students. However, some private universities may require private health insurance.  How to reduce the cost of studying abroad? Read More Part-Time Employment  In Germany, part-time employment is permitted for international students. Part-time jobs can provide additional income to cover living expenses and reduce the financial burden. However, it's important to note that part-time employment should not interfere with academic commitments. Students are typically allowed to work up to 20 hours per week during the semester and full-time during semester breaks.  Consideration for Non-EU Students  While German universities offer tuition-free education for most international students, non-EU students should consider potential visa costs and requirements. Non-EU students are generally required to obtain a student visa, which may involve visa application fees and health insurance coverage during the visa period. It's crucial for non-EU students to research and understand the specific visa regulations and associated costs.  Financial aid alternative Read More Planning and budgeting  Given the various expenses involved, it is essential for international students to plan and budget their finances effectively. Creating a detailed budget that includes tuition fees, semester contributions, living expenses, and other costs will help students manage their finances throughout their studies. It is advisable to take advantage of financial planning tools and resources provided by universities and student organizations to ensure a well-managed financial journey.  Research funding and grants  In addition to scholarships and financial aid, international students studying at German universities can explore research funding and grant opportunities. Many universities have dedicated research programs and funding options available for both domestic and international students. These grants can help cover research-related expenses, conference participation fees, and other academic endeavors. Research funding can provide valuable financial support while allowing students to gain research experience and contribute to their field of study.  Steps of budgeting Read More Student discounts and benefits  German universities often provide student discounts and benefits that can help reduce expenses. Students can avail of discounted rates for public transportation passes, cultural events, museums, theaters, and various recreational activities. Additionally, student identity cards often grant access to discounts at local businesses, restaurants, and shops. These discounts and benefits contribute to a more affordable and enjoyable student life experience in Germany.  Payment options and Installments  To assist international students in managing their financial obligations, German universities generally offer flexible payment options. While tuition fees and semester contributions are usually paid at the beginning of each semester, some universities allow installment plans, enabling students to divide the costs over multiple payments. This flexibility can ease the financial burden and provide students with more manageable payment schedules.  Changes in Fee structure  It's important to note that fee structures at German universities can undergo changes. Policies regarding tuition fees, semester contributions, and funding options may be subject to revision. Therefore, it is advisable for prospective students to regularly check the university websites and contact the respective admissions or international offices for the most up-to-date information regarding fees and financial matters.  Advice for students who are seeking to study abroad Read More Apply for a loan to study in Germany Seek guidance and support  Navigating the fee structure and financial aspects of studying in Germany can be overwhelming. To ensure clarity and accuracy, it is highly recommended for international students seek guidance and support from university advisors, student service centers, or international student offices. These resources can provide detailed information, answer specific queries, and assist students in making informed financial decisions.  Comprehending the fee structure of German universities and managing associated costs is essential for international students. By considering various expenses, exploring financial aid options, and seeking guidance, students can make informed decisions and enjoy an affordable and fulfilling educational experience in Germany. 

One of Canada's oldest universities is the University of Alberta. It is situated in Edmonton, one of the world's most northern significant cities. With a reputation for distinction in teaching and research in the humanities, sciences, creative arts, business, engineering, and health sciences, the University of Alberta is one of the top five Canadian institutions and among the top 150 worldwide. In this blog, we will discuss how to apply to Alberta University after your Bachelor's. https://www.youtube.com/watch?v=tdwqQH0xkFw Top masters courses offered at the University Of Alberta We have compiled a list of the best master's degree programs available at the University of Alberta, one of the top five Canadian universities, which provides more than 500 master's degree programs. ProgramsFees per Annum (CAD)Fees per Annum (INR)MBA23,70014.2 LakhsMSc Electrical and Computer Engineering13,9728.26 LakhsMEng Mechanical Engineering14,8128.76 LakhsMA Economics13,9728.26 LakhsMEng Civil and Environmental Engineering Science14,8128.7 LakhsMSc Chemical Engineering13,9278.2 LakhsMEng Chemical and Materials Engineering14,8128.7 LakhsExecutive MBA25,12514.86 LakhsMBA Finance21,21112.54 LakhsMBA International Business21,21112.54 Lakhs Affordable Universities in Canada Read More The University of Alberta Masters admissions requirement  Let's take a look at what it takes to get into the University of Alberta if you wish to enroll there in 2023-24. The following are the fundamental prerequisites for attending the University of Alberta, while the admissions requirements change based on the programs offered: Students who have earned a bachelor's degree or its academic equivalent from a university recognized by the university with English as the primary language of instruction and who also have a four-year bachelor's degree (or an equivalent as recognized by the university) are considered to have met the University of Alberta's English language proficiency standards. Documents required All official academic transcripts and grade cards Passport size photographs  Passport photocopy Canada Student Visa Updated CV/Resume Portfolio (if asked or required) English Language Proficiency Test Scores GMAT/GRE scores Letters of Recommendation Statement of Purpose Research Proposal (for PG Research) English Language Requirements Since the scorecard for these exams is good for two years, students should get familiar with the academic schedule and make informed admissions decisions. TestAverage Score Required IELTS6.5TOEFL 90 PTE61  Affordable Universities in the Netherlands Read More How to apply to Alberta University after Bachelor The processes to apply to Alberta University after earning your bachelor's degree are as follows: Step 1: Choose Your Graduate Program To find out more about programs, visit the Graduate Programmes website. Step 2: Review graduate admissions requirements and contact the department All applicants must satisfy the Faculty of Graduate Studies and Research's (FGSR) standard admissions standards. Visit the department's website to learn more about the specific requirements for your program. Contact the department if you have any queries. Due to program-specific criteria and deadlines, this phase is crucial. Please be aware that certain programs need you to choose a possible supervisor before applying if you're applying for a thesis-based program. Step 3: Prepare and apply online Give yourself a minimum of an hour to finish the online application. For the Graduate Application, we advise using the most recent versions of Google Chrome, Mozilla Firefox, or Safari. The application requires digital copies of official papers (PDF - view instructions). The "unofficial" materials will be used to assess the application in its first stages. A few examples of supporting documentation are as follows: Academic Document Requirements (transcripts, degree certificates, and grade reports) Scores on tests of English language proficiency, such as the IELTS, Pearson, TOEFL, etc. Writing samples, a CV, and a statement of purpose might also be needed. GMAT, GRE, and other exam results References: Will call for the referees' names, titles, and email addresses. Only once you submit and make payment for your application will your referees receive an email with a secure link. Reference letters must be sent in PDF format and must be printed on the official letterhead of your referee's institution or business in order to be approved. The applicant is in charge of making sure references and other necessary paperwork are submitted before the application deadline; otherwise, the application will not be taken into consideration for admission. There is a non-refundable application fee of CAD 135. Only a legitimate credit card may be used to make payments. We take American Express, Discover, Visa, and MasterCard. Note that all candidates must pay the non-refundable application cost; the Faculty of Graduate Studies and Research is no longer authorized to waive this price for students from certain nations. We hope this blog provides you with all the details you want regarding how to apply to Alberta University after your Bachelor’s.

When it's time to start repaying their student loans, borrowers have a number of alternatives. Federal student loans provide the greatest options, but private student loans have fewer options. The optimal method of repayment for you will depend on the type of loans you have, the amount you owe, and your financial situation after graduation. In this blog, we will discuss different repayment options available for abroad education loans and how to choose the one that's right for you. https://www.youtube.com/watch?v=tdwqQH0xkFw Different repayment options Available for Abroad Education Loans Following are the different repayment options available for abroad education loans: Education Loan EMIs EMI (easy-monthly-installment) is the most popular way to keep your student loan repayment plan organized and self-driven. Students can return their study loans in installments by making monthly payments known as EMIs, which are predetermined amounts of money set at the time the loan was approved. EMI is a total that includes the interest on student loans that must be paid as well as a percentage of the loan's principal. https://www.youtube.com/watch?v=4gTQkdePOWM Education Loan Part-Payment Students also have the option of making a lump sum payment at regular intervals to pay off their study loan in addition to the EMIs. In this way, applicants can repay their student loans a little bit earlier and pay up a smaller amount of interest overall. Only partial payments up to a certain amount and subject to a processing charge are permitted by some banks. They also charge a processing fee in some circumstances, but not all banks do this. Based on patterns rather than statistical confirmation, one should only partially pay off their education debt if they have a consolidated sum that is at least four times their monthly EMI. https://www.youtube.com/watch?v=HEgDlLoxsjo Education Loan Pre-Payment or Foreclosure Prepayment of student loans or foreclosure are options available to students who have the opportunity to pay back their whole loan balance all at once. After the most recent modifications to banking standards, almost all banks are required to offer this service, however, some banks still charge a processing fee for it. Still, paying off a student debt in full is preferable to doing it gradually. https://www.youtube.com/watch?v=rTHsIe85tMY Education Loan Repayment Modes Each bank accepts several payment methods, and applicants can choose how they want to pay back their study loans. Some loans, such as school loans for study abroad, have strict payment requirements. A better understanding of student loan repayment options makes it easier for applicants. The full breakdown of repayment options for student loans may be seen here: Why do you need an advisor to apply for education loans? Read More Repay Education Loan by Cheque Most banks accept cheques as payment for student loans. Many organizations also provide the choice of assigning PDCs (post-dated cheques). These pre-signed post-dated cheques are only used when the EMI is due and are delivered to the bank with a specified EMI amount. For a little additional fee, several banks now provide cheque collecting services, which aid with student loan doorstep servicing. Demand Draft, however, is another matter. Demand drafts are rather risky. Hence not all banks accept them as loan repayment. However, students should unquestionably request the option of paying back student loans via demand draft. How to choose the best education loan? Read More Education Loan repayment by cash All banks allow cash payments for student loan EMIs. Student loan applicants and co-applicants have two options for making cash EMI repayments: visiting the branch or using a home collection service. At the branch, there are "no additional fees" for cash payback. Cash collection, however, entails a regular service charge. Automated EMI Payments of Student Loans ECS (Electronic Clearance Services) and NACH (National Automated Clearing House) are two automated loan EMI repayment options. Those who want to pay back their student loans with savings accounts at the same bank or another bank can use this option. They would have to verify and sign a NACH mandate authorizing the loan provider (bank) to request and receive automated payments from the savings account on each month's due date. The service can be terminated at any moment, and customers can postpone any EMI payments if their balance is inadequate. Penalty fees are applied when automatic EMI payments are late. Students who don't complete their ECS/NACH payback cycle must go to the bank to reactivate their account and pay any missing EMIs. Even so, it's more practical than alternative payment methods that call for manual interaction. Spend some time learning about your repayment alternatives if you have student loan debt. This should ideally be done prior to graduation so that you can decide which repayment plan to begin with. If you select an income-driven plan, review your finances annually to see whether a different repayment option would be preferable for reducing interest costs.

In the realm of educational opportunities, scholarships hold great significance for Indian students. From overseas scholarships for Indian students to various types of scholarships available within India, these programs offer a chance to pursue academic dreams. This article explores the world of scholarships, what it takes to win a scholarship, and their significance for Indian students.  https://www.youtube.com/watch?v=tdwqQH0xkFw Overseas Scholarships for Indian Students  One of the most coveted opportunities for Indian students is the chance to study abroad through overseas scholarships. These scholarships open doors to prestigious universities and colleges around the world, providing Indian students with exposure to diverse cultures, global perspectives, and cutting-edge academic environments. Scholarships like the Fulbright Scholarship, Chevening Scholarship, and Erasmus Mundus Scholarship offer financial support, enabling Indian students to achieve their educational goals on an international stage.  What makes you an ideal candidate for a scholarship? Read More Different Types of Scholarships in India  Within India, there exists a wide range of scholarships catering to the diverse needs of Indian students. These scholarships are designed to support students from different backgrounds, academic disciplines, and financial circumstances.   Merit-based scholarships reward academic excellence and outstanding achievements, while need-based scholarships provide financial aid to students facing economic challenges. Additionally, specific scholarships target underrepresented communities, minority groups, women, and students with disabilities, fostering inclusivity and diversity within the Indian education system.  Scholarship Programs for Indian Students  The Government of India, along with various private organizations, runs numerous scholarship programs to empower Indian students and promote educational opportunities. The National Scholarship Portal (NSP) serves as a centralized platform, offering access to a wide range of scholarships from government and non-governmental sources. Programs such as the National Means cum Merit Scholarship Scheme, Central Sector Scholarship Scheme, and Prime Minister's Scholarship Scheme for Central Armed Police Forces provide financial assistance at different educational levels, including school, undergraduate, and postgraduate studies.  Benefits and Impact of Scholarships  Scholarships bring forth several benefits for Indian students. They alleviate the financial burden associated with education, enabling students to focus on their studies and personal growth. Scholarships also provide opportunities for skill development, research, and networking, enhancing the student's academic and professional prospects. Moreover, scholarships foster a sense of motivation and achievement, inspiring students to strive for excellence and contribute to society.  Application Process and Tips  When applying for scholarships, it is important for Indian students to familiarize themselves with the application process and follow certain tips to increase their chances of success. Firstly, students should thoroughly research the eligibility criteria and requirements of each scholarship program they are interested in. Paying attention to deadlines is crucial, as late applications are often not considered. It is advisable to gather all necessary documents, such as academic transcripts, recommendation letters, and personal statements, well in advance. Students should tailor their applications to showcase their achievements, goals, and alignment with the scholarship's values. Seeking guidance from mentors, teachers, or career counselors can also provide valuable insights and improve application quality.  https://www.youtube.com/watch?v=7PmvxW36oLU Mentorship and Support Many scholarship programs offer mentorship and support to Indian students. Mentorship can provide guidance throughout the application process, help students navigate the challenges of studying abroad or pursuing higher education in India, and provide a network of experienced professionals to connect with. Engaging with mentors and support networks can offer valuable advice, enhance personal and professional development, and create a sense of belonging within the scholarship community.  Impact on Career and Beyond  Scholarships not only have a direct impact on educational opportunities but also play a significant role in shaping students' careers and prospects. By receiving scholarships, Indian students gain access to high-quality education, specialized training, and research opportunities, which can greatly enhance their skill set and knowledge base. This, in turn, increases their employability and opens doors to a wide range of career paths and global job markets. Additionally, scholarship recipients often become ambassadors of educational excellence, inspiring and motivating others to pursue their dreams.  https://www.youtube.com/watch?v=9Xy8ucfqczY Paying it Forward  Scholarship programs often emphasize the importance of giving back to society. Many recipients are encouraged to engage in community service, mentorship programs, or research initiatives that benefit their communities or address pressing social issues. By paying it forward, scholarship recipients contribute to the holistic development of society and create a positive impact beyond their individual achievements.  https://www.youtube.com/watch?v=uMDle12M8Nc The Role of Corporate and Philanthropic Organizations  Corporate and philanthropic organizations also play a crucial role in supporting scholarships for Indian students. Many companies and foundations have established scholarship programs as part of their corporate social responsibility initiatives. These organizations recognize the importance of investing in education and nurturing talent to drive innovation and contribute to societal development. Through their financial contributions and partnerships with educational institutions, these entities provide valuable resources and opportunities to Indian students, enabling them to access quality education and realize their full potential.  https://www.youtube.com/watch?v=DPOaBUUMnYQ Challenges and Solutions  While scholarships offer tremendous opportunities, there are also challenges that need to be addressed. Limited awareness about available scholarships, especially among students from marginalized communities or remote areas, can hinder their access to these programs. Furthermore, the competition for scholarships can be intense, requiring students to showcase exceptional achievements and skills. To overcome these challenges, it is crucial to enhance awareness campaigns about scholarships, reach out to underrepresented communities, and provide mentoring and support to students throughout the application process. Collaboration between educational institutions, government agencies, and organizations can facilitate the identification and distribution of scholarships to deserving students.  https://www.youtube.com/watch?v=9Xy8ucfqczY Evolving Trends in Scholarships  As the education landscape continues to evolve, scholarship programs are adapting to meet changing needs and priorities. Increasingly, scholarships are focusing on fields such as science, technology, engineering, and mathematics (STEM), entrepreneurship, sustainable development, and social innovation. Scholarships that support research projects, internships, and experiential learning opportunities are also gaining prominence. Additionally, there is a growing emphasis on scholarships that promote diversity, equity, and inclusion, ensuring equal access and opportunities for students from all backgrounds.  London School of Economic Scholarship Read More A Bright Future Ahead  Looking ahead, the future of scholarships for Indian students appears promising. With the concerted efforts of governments, educational institutions, corporations, and philanthropic organizations, more scholarships are likely to be established, offering greater support to aspiring students. The expansion of digital platforms and online application processes has made scholarship accessibility more convenient and inclusive. As scholarships continue to empower and uplift Indian students, they contribute to the overall advancement of society, economy, and knowledge creation.  Conclusion  Scholarships for Indian students hold immense significance, offering opportunities for academic growth, international exposure, and career development. By investing in scholarships, fostering inclusivity, and supporting educational initiatives, we unlock the potential of Indian students and pave the way for a brighter and prosperous future. 

Investing in your studies abroad is a significant step towards achieving academic and personal growth. However, the financial aspect can be challenging. This article explores the role of investment in funding your education abroad and highlights how an education loan can supplement your investment income effectively.  https://www.youtube.com/watch?v=tdwqQH0xkFw The Role of Investment in funding your Studies Abroad  Investing in your education abroad can provide long-term benefits, including enhanced career prospects and exposure to a global perspective. Here are some key points highlighting the role of investment in funding your studies:  Building a Study Abroad Fund Start early: Begin investing in your education fund as soon as possible to allow it to grow over time.  Diversify your investments: Consider various investment options such as stocks, bonds, mutual funds, or real estate to spread the risk and maximize returns.  Seek professional advice: Consult a financial advisor who specializes in education planning to devise an investment strategy aligned with your goals.  Maximizing Returns  Invest in high-return assets: Identify investment opportunities that offer potentially higher returns, such as emerging markets or innovative industries.  Take advantage of compounding: Reinvest your investment income to benefit from compounding, allowing your funds to grow exponentially over time.  Monitor and adjust: Regularly review and adjust your investment portfolio to ensure it remains aligned with your financial objectives.  Using an Abroad Education Loan to Supplement Investment Income  While investments can be a valuable source of funding, they may not always cover the entire cost of studying abroad. In such cases, an education loan can complement your investment income. Consider the following aspects when utilizing an education loan:  Assessing Loan Requirements  Research loan options: Explore various financial institutions and compare loan terms, interest rates, repayment options, and eligibility criteria.  Evaluate your financial needs: Determine the amount of funding required by considering tuition fees, accommodation expenses, living costs, and other miscellaneous expenses.  Check repayment terms: Understand the repayment schedule, interest rates, and any grace period offered by the lender.  Loan Application and Approval  Gather necessary documentation: Prepare all the required documents, such as academic records, admission letters, proof of funds, and identity proofs, to complete the loan application.  Meet eligibility criteria: Ensure you meet the lender's eligibility criteria, which may include factors such as credit history, collateral, and co-signer requirements.  Submit the application: Complete the loan application accurately and submit it along with the necessary documents within the specified deadlines.  Managing Loan Repayment  Plan your finances: Create a budget to manage your expenses effectively and allocate funds for loan repayments.  Explore repayment options: Understand the available repayment plans, including fixed or variable interest rates, and choose the one that suits your financial situation.  Stay disciplined: Make timely repayments to avoid penalties or additional interest charges and maintain a good credit history.  https://www.youtube.com/watch?v=4gTQkdePOWM Exploring Investment Strategies for Education Funding  1. Long-term Investment Options Retirement accounts: Consider contributing to retirement accounts like IRAs or 401(k)s, which may offer tax advantages and long-term growth potential. However, be mindful of potential penalties for early withdrawals.  Education-specific accounts: Explore options such as 529 plans or Education Savings Accounts (ESAs) that provide tax benefits and specialized savings plans for educational expenses.  Mutual funds: Invest in mutual funds that focus on education or have a long-term growth strategy aligned with your financial goals.  2. Scholarships and Grants Research available scholarships: Explore scholarship opportunities offered by universities, organizations, or government bodies that can significantly reduce the financial burden of studying abroad.  Apply strategically: Pay attention to eligibility requirements and deadlines, and tailor your applications to showcase your academic achievements, talents, or unique experiences.  3. Part-time Jobs and Internships Explore work-study programs: Many universities offer part-time job opportunities on campus that can help you earn income while studying.  Seek internships or apprenticeships: Look for internships or apprenticeships related to your field of study, as they can provide valuable work experience and financial support.  Benefits of Investment in the US Market Read More Managing Education Loan and Investment Risks  1. Loan repayment strategies  Evaluate repayment options: Understand the available repayment plans, such as income-driven repayment or loan consolidation, and choose the one that aligns with your financial circumstances.  Plan for emergencies: Maintain an emergency fund to cover unexpected expenses or temporary financial setbacks, reducing the risk of defaulting on loan repayments.  2. Investment risk mitigation  Diversify your portfolio: Invest in a mix of asset classes to spread the risk and reduce the impact of market volatility.  Regularly review and rebalance: Monitor your investments periodically and rebalance your portfolio to ensure it remains aligned with your risk tolerance and financial goals.  Seek professional advice: Consider consulting a financial advisor who can provide personalized guidance based on your financial situation and investment objectives.  By employing a comprehensive approach that combines prudent investments, scholarships/grants, part-time jobs, and education loans, you can effectively fund your studies abroad. Careful planning, research, and financial management will help you achieve your educational aspirations while minimizing the financial burden.  Conclusion Investing in your studies abroad can be an essential step in funding your education. By combining your investment income with an education loan, you can secure the necessary financial resources to pursue your academic goals and embark on a transformative journey of international education. 

Financial planning plays a crucial role in ensuring a successful study abroad experience. One aspect of this process involves exploring the option of an education loan, which can provide the necessary financial support for pursuing international education. This article provides an overview of the financial planning process for studying abroad, with a focus on understanding and utilizing an education loan effectively. Assessing the Financial Requirements  Before embarking on the journey of studying abroad, it is essential to assess the financial requirements involved. This includes estimating the tuition fees, living expenses, travel costs, healthcare coverage, and any additional expenses that may arise during your time abroad. By carefully evaluating these financial aspects, you can determine the amount of funding needed to support your education overseas. https://www.youtube.com/watch?v=tdwqQH0xkFw Researching Education Loan Options  Exploring Loan Providers: Begin by researching different loan providers that offer education loans specifically designed for studying abroad. Look for reputable financial institutions or government-backed programs that offer competitive interest rates, favorable repayment terms, and flexible borrowing limits. Consider comparing multiple options to find the loan that best suits your needs.  Loan Eligibility: Understand the eligibility criteria set by each loan provider. Factors such as academic achievements, co-signers (if required), credit history, and collateral requirements may influence your eligibility for an education loan. Ensure that you meet the necessary criteria before proceeding with the application process.  Loan Terms and Conditions: Thoroughly review the terms and conditions of each loan option. Pay close attention to the interest rates, repayment schedules, grace periods, and any additional fees or charges associated with the loan. Comparing the terms and conditions of different loans will enable you to make an informed decision and choose the most suitable option.  https://www.youtube.com/watch?v=Dhe2ezcmKJw Applying for an Education Loan  Gathering Documentation: Collect the required documentation for the loan application process. This typically includes proof of admission to an educational institution, academic records, identification documents, income proof (if applicable), and any other documents specified by the loan provider. Ensure that you have all the necessary paperwork ready before applying.  Loan Application Process: Follow the loan application process outlined by the chosen loan provider. This usually involves filling out an application form, submitting the required documents, and providing any additional information as requested. Be mindful of deadlines and submit the application well in advance to allow for processing time.  Loan Approval and Disbursement: After submitting the application, the loan provider will evaluate your eligibility and assess your creditworthiness. If approved, you will receive a loan offer outlining the approved amount, interest rate, and repayment terms. Upon acceptance, the loan amount will be disbursed directly to your educational institution or your designated bank account.  Managing the Education Loan  Budgeting and Repayment Planning: Create a budget to manage your finances effectively while studying abroad. Consider factors such as tuition fees, accommodation, daily expenses, and loan repayment obligations. By planning your expenses and allocating funds accordingly, you can ensure timely loan repayments and avoid financial strain.  Loan Repayment Options: Familiarize yourself with the repayment options offered by the loan provider. Some lenders may offer grace periods or flexible repayment schedules. Explore whether interest-only payments, deferment options, or income-driven repayment plans are available. Understanding the repayment options will help you strategize and manage your loan obligations efficiently.  Building Credit History: Timely repayment of your education loan can positively impact your credit history. This can be beneficial for future financial endeavors, such as applying for other loans or credit cards. Ensure that you adhere to the loan repayment schedule and maintain a good credit record.  How to build a strong support network while studying abroad? Read More Seeking Financial Guidance  If you feel overwhelmed or require additional assistance with the financial planning process, consider seeking guidance from financial advisors or professionals specializing in educational loans. They can provide personalized advice, help you navigate the complex financial landscape, and offer insights to optimize your financial planning for studying abroad.  Remember, thorough financial planning and understanding the education loan process are essential steps in making your study abroad experience financially feasible and successful. By following these guidelines and seeking appropriate support, you can lay a strong foundation for achieving your educational goals abroad.  Exploring Scholarship and Grant Opportunities  While education loans provide financial assistance, it is equally important to explore scholarships and grant opportunities for studying abroad. Scholarships and grants can significantly reduce the financial burden and offer additional support for your education expenses. Research various scholarships offered by educational institutions, governments, private organizations, and foundations. Pay attention to eligibility criteria, application deadlines, and required documentation. Applying for scholarships and grants alongside an education loan can increase your chances of securing additional funding and reduce the overall loan burden.  Monitoring and Adjusting the Financial Plan  Studying abroad is a dynamic experience, and financial circumstances may change over time. It is crucial to regularly monitor your financial plan and make necessary adjustments. Keep track of your expenses, review your budget periodically, and assess whether any modifications are required. Stay proactive in managing your finances, and if needed, consult with financial advisors to ensure your financial plan remains on track and aligned with your goals.  Seeking Guidance on Tax Implications and Exchange Rates  Studying abroad involves navigating various financial aspects beyond loans and expenses. Understand the potential tax implications of studying in a foreign country. Research tax treaties, exemptions, and reporting requirements to ensure compliance with tax laws. Additionally, keep an eye on exchange rates as they can affect the overall cost of studying abroad. Stay informed about currency fluctuations and explore options such as foreign exchange services or opening a local bank account to manage your finances efficiently.  https://www.youtube.com/watch?v=uR6eKIa8tHY Building Financial Literacy and Money Management Skills  Studying abroad not only provides educational opportunities but also serves as a valuable experience for personal growth, including financial literacy and money management skills. Take advantage of this opportunity to enhance your financial knowledge and skills. Educate yourself on budgeting, saving, investing, and making informed financial decisions. Utilize online resources, attend workshops or seminars, and engage with financial communities to develop a strong foundation of financial literacy that will benefit you throughout your life.  Evaluating repayment strategies and Loan refinancing options  Once you complete your education and secure employment, it's important to assess your repayment strategy for the education loan. Evaluate various repayment options, such as making extra payments to reduce the loan term or considering loan refinancing to obtain better interest rates or more favorable terms. Research refinancing options available in both your home country and the country where you studied. Understand the associated costs and potential benefits to determine if refinancing is a viable option for you.  Conclusion By carefully considering the financial planning process for studying abroad and utilizing education loans effectively, you can make your educational dreams a reality. With diligent financial management and proper guidance, you can embark on a rewarding and financially viable study abroad journey. 

Placing a lumpsum order on the EduFund app is quick and easy! Simply log in, select the desired investment fund, specify the amount, and confirm the order. https://www.youtube.com/watch?v=tdwqQH0xkFw Enjoy hassle-free investing and take control of your education savings with EduFund.  Log in to the EduFund App  To begin, open the EduFund app on your device and log in using your credentials. You can easily make an account if you don't already have one by going through the signup process. Logging in grants you access to all the features and functionalities of the app.  PlayStore App AppStore App Navigate to the Investment Section  Once you're logged in, find the "Investments" or "Investment Funds" section within the app's interface. It may be located in the main menu or on the home screen, depending on the app's layout. This section provides an overview of the available funds you can invest in.   Choose the Desired Investment Fund  Within the investment section, you'll find a list of available funds. Take your time to explore the options and select the fund that aligns with your investment goals and risk tolerance. Consider factors such as historical performance, fund manager reputation, and any associated fees. The app may provide detailed information about each fund to help you make an informed decision.   Specify the Lumpsum Investment Amount After selecting the fund, it's time to specify the lumpsum investment amount you wish to contribute. Enter the desired sum in the appropriate field or use the app's intuitive interface to adjust the investment amount. The app may provide additional options, such as minimum investment requirements or maximum investment limits, ensuring flexibility for investors.   Review and Confirm the Order Before finalizing your lumpsum order, take a moment to review the details. Double-check the investment fund, the lumpsum amount, and any applicable fees or charges. It's crucial to ensure accuracy to avoid any unintended mistakes. Once you are satisfied, click on the "Confirm" or "Place Order" button to proceed. The app may also provide a summary of the order for your reference.  Monitor Your Investment Congratulations! You have successfully placed a lumpsum order on the EduFund app. Now, it's essential to stay informed about your investment. Utilize the app's tracking and reporting features to monitor the performance of your chosen fund. The app may provide real-time updates, including the current value of your investment, performance charts, and transaction history. Regularly reviewing your investments can help you make informed decisions and adjust your strategy if needed.  Explore Additional Features and Tools  While placing a lumpsum order is a significant step, the EduFund app offers a range of additional features and tools to enhance your investment experience. Take some time to explore these options within the app. You may find features such as goal tracking, portfolio diversification suggestions, educational resources, and personalized investment advice. These tools can help you make more informed decisions and optimize your education fund.   Set up Automatic Contributions To maximize your savings and maintain a consistent investment approach, consider setting up automatic contributions on the EduFund app. This feature allows you to schedule regular transfers from your linked bank account into your education fund. By automating the process, you can stay disciplined and ensure a continuous investment effort without manual intervention.  Stay Informed About Market Updates Education funds are subject to market fluctuations, and staying informed about the latest market updates is crucial. The EduFund app may provide access to news articles, market analysis, and economic trends. Keeping an eye on these updates can help you make timely adjustments to your investment strategy and take advantage of potential opportunities.  Seek Professional Advice if Needed While the EduFund app offers user-friendly features and guidance, it's always wise to seek professional advice if you have complex investment needs or specific financial goals. Consider consulting with a financial advisor or an investment professional who specializes in education savings. They can provide personalized advice tailored to your unique circumstances and help you make informed decisions regarding your lumpsum order and overall investment strategy.  Regularly Review and Adjust Your Investment Strategy As your education fund progresses, it's important to regularly review and adjust your investment strategy. Life circumstances, financial goals, and market conditions can change over time, and it's essential to adapt your approach accordingly. The EduFund app can assist you in evaluating your portfolio performance, making necessary modifications, and ensuring your investments align with your evolving needs.  Conclusion Placing a lumpsum order on the EduFund app is just the beginning of your education savings journey. By exploring additional features, setting up automatic contributions, staying informed about market updates, and seeking professional advice when needed, you can optimize your investment strategy. 

Are you eager to invest in your child's education? Look no further than the EduFund App! In this guide, we'll walk you through the simple steps to start a Systematic Investment Plan (SIP) on the EduFund App, ensuring a secure and convenient way to save for your child's future. Let's get started!  https://www.youtube.com/watch?v=tdwqQH0xkFw Download and Install the EduFund App  To begin, visit your device's app store and download the EduFund App. Once the installation is complete, launch the app and create a new account. Include any necessary information, such as your name, address, and preferred login information.  Playstore App App Store Complete the KYC Process  To comply with regulatory norms, the EduFund App requires you to complete the Know Your Customer (KYC) process. This step involves providing essential identification and address-proof documents. Simply follow the instructions on the app, upload the necessary documents, and wait for verification.  Link Your Bank Account  To facilitate seamless transactions, link your bank account to the EduFund App. Enter the required bank details securely within the app's interface. Ensure that the information provided is accurate and up to date to avoid any payment or withdrawal complications.   https://www.youtube.com/watch?v=wEA3dKj7q5U Explore Investment Options  After setting up your account and completing the necessary verifications, it's time to explore the available investment options. The EduFund App offers a range of SIPs specifically designed for educational purposes. Take your time to study the different plans, their returns, and associated risks. Consider factors such as investment duration, affordability, and your financial goals.   Select the Desired SIP Plan  Once you have evaluated the available options, select the SIP plan that best aligns with your investment objectives. Pay attention to factors such as the SIP duration, minimum investment amount, and expected returns. The EduFund App typically offers various SIP durations to suit different investment horizons.   Set the Investment Amount and Frequency  After choosing the SIP plan, specify the investment amount you wish to contribute regularly. Select a frequency that suits your financial situation, such as monthly, quarterly, or annually. It's important to decide an amount that you can comfortably invest over the chosen duration to maintain consistency.  Review and Confirm  Before finalizing your investment, review all the details thoroughly. Double-check the chosen SIP plan, investment amount, frequency, and duration.  If everything appears accurate, proceed to confirm your investment.   Monitor and Adjust  Once your SIP investment is confirmed, keep a close eye on its progress using the EduFund App. Regularly monitor the returns and review the performance of your chosen plan. If required, consider adjusting the investment amount or frequency in line with your evolving financial situation and goals.  Automate Your SIP Contributions  To ensure consistency in your savings, take advantage of the automation feature offered by the EduFund App. Set up an automatic deduction from your linked bank account on the specified date of each month. This way, you won't have to worry about manually making the contributions and can stay committed to your investment plan.   Benefit from Rupee Cost Averaging  One of the advantages of SIP investing is rupee cost averaging. As the market fluctuates, your fixed investment amount buys more units when prices are low and fewer units when prices are high. Over time, this strategy can help reduce the impact of market volatility and potentially enhance your long-term returns.   Consider Portfolio Diversification  While investing in a SIP, it's essential to diversify your portfolio. The EduFund App may offer various SIP plans, including equity-based, debt-based, or balanced funds. Diversification helps spread the risk and allows you to benefit from different asset classes. Consider diversifying your investments based on your risk appetite and investment goals.   Rebalance Your Portfolio Periodically  As time passes and market conditions change, it's advisable to review and rebalance your portfolio periodically. Some SIP plans may require adjustments based on the performance of different asset classes. Rebalancing ensures that your investments remain aligned with your risk tolerance and financial objectives.   Leverage Tax Benefits  Certain SIP investments may offer tax benefits under Section 80C of the Income Tax Act. Educate yourself about the tax implications of your chosen SIP plan and take full advantage of any applicable deductions. Consult with a tax advisor or refer to relevant tax guidelines to maximize the tax benefits available to you.   Stay Informed and Seek Professional Advice  Keep yourself updated on market trends, economic developments, and any changes in regulations that may impact your SIP investments. The EduFund App may provide resources like market insights and educational materials to enhance your financial knowledge. Additionally, consider consulting with a financial advisor to receive personalized guidance and ensure that your investment strategy remains aligned with your goals.   Stay Committed for the Long Term  SIPs are designed to be long-term investment vehicles. Stay committed to your investment plan and avoid making impulsive decisions based on short-term market fluctuations. By maintaining discipline and adhering to your chosen SIP duration, you increase the potential for achieving your desired educational savings goals.  Starting a SIP on the EduFund app is a convenient and reliable way to save for your child's education. By following the step-by-step process outlined in this guide, you can set up your SIP with ease and begin building a solid educational fund.  

HDFC Asset Management Company Ltd. (HDFC AMC) is one of India's largest mutual fund companies. It is among one of the most profitable asset management companies (AMC) in the country. The company manages assets worth Rs. 4,49,766.281 Crores (excluding domestic fund of funds) as of 31st March 2023.  HDFC Largecap and Midcap fund Investment objective To generate long-term capital appreciation/income from a portfolio of equity and equity-related securities of predominantly large-cap and mid-cap companies.  Investment process   The Scheme would predominantly invest in companies spanning the entire market capitalization, which:  Are likely to achieve above-average growth  Enjoy distinct competitive advantages  Have superior financial strength  Are trading at relatively attractive valuations  Have value-unlocking potential.  Portfolio Composition  The HDFC Large and Mid-cap Fund had invested more than 98% of the funds in equity, and the remaining amount was held in the form of cash and cash equivalents as on 31st March 2023. It holds significant exposure in large-cap equity at 57%, and the significant sectoral exposure is to banks which account for over 16% of the portfolio. The top five sectors hold up to 44% of the portfolio.  Note: Data as of 31st March 2023. Source: HDFC MF, Value Research Top 5 Holdings for HDFC Largecap and Mid-cap Fund  Name Weightage % HDFC Bank Ltd. 5.39 ICICI Bank Ltd 3.99 Infosys Limited 3.14 State Bank of India 2.74 Reliance Industries Ltd. 2.64 Note: Data as of 31st March 2023. Source: HDFC MF   Performance  Fund name 1Y 3Y 5Y Since Inception HDFC Large Mid-cap Fund Direct-Growth (%) 4.55 34.31 13.18 11.18 NIFTY Large Mid-cap 250 Index 0.62 31.98 12.13 14.46 Data as of 31st March 2023                     Date of Inception of Direct Plan: 01st January 2013 Note: Returns over one year are annualized Source: HDFC MF HDFC Top 100 Fund Read More Fund Managers Mr. Priya Rajan (Since 01st May 2022) – Senior Equity Analyst and Fund Manager for overseas Investments - Collectively over 15 years of experience.  Mr. Gopal Agrawal (Since 16th July 2020) – Collectively, over 17 years of experience in Fund Management and two years in Equity Research   Who should invest in HDFC Large and Mid-cap Funds?  Investors looking to invest in an equity portfolio with very high risk and seeking better returns than the debt instruments can consider this fund. However, investors should remain invested long-term to witness wealth creation.  Why invest in this Fund?  Large-cap funds offer an excellent opportunity to generate high long-term returns, while Small & Mid-cap stocks allow one to go beyond the usual large blue-chip stocks and present possible higher capital appreciation.  This fund has consistently generated good returns and outperformed the NIFTY Large Mid-cap 250 Index benchmark.    Time Horizon  One should look at investing for a minimum of three years or more.  Investment through Systematic Investment Plan (SIP) may help in tackling the volatility of the broader equity market.  INVEST NOW Conclusion  The HDFC Large and Mid-cap Fund is a good option for investors willing to take exposure to large and mid-cap equities with some additional risk for good returns over the long term. However, investors should remain invested long-term to witness wealth creation. 

Pursuing an MBA in the UK, USA or Australia is a dream for thousands. It guarantees a better lifestyle, job opportunities, and a chance to build a life in a foreign country. In the previous article, we discussed how to save for your child's college. where, how, and how much In this article, let’s focus on whether your child can study for an MBA in the UK under Rs 25 lakhs and build the grand future you have envisioned for them.   Is an MBA in the UK under 25 lakhs possible?  UK has 15% of the world’s top MBA institutes and over 25% of the international students in the UK, including students from the European Union (EU) and non-EU students, choose business and financial studies, with MBA being one of the popular courses.   MBA courses in the UK are either 12-month full-time or 24/36-month part-time courses, with tuition fees ranging from GBP 10,000 to GBP 16,000. Add to this the cost of flights, registration, stay, and food, and you are looking at an overall figure of GBP 18,000 – 24,000, depending on where you choose to study and stay. This translates to approximately Rs. 18 – 24 lakhs for the Indian student.  https://youtu.be/iPUo_tXR8TY How to work towards a Rs. 25 lakh corpus? Most students decide to pursue an MBA in the UK during their graduation. You must know that MBA courses in the UK demand 3 years of work experience as one of the eligibility criteria. So that gives the student about 4-5 years in hand to save the corpus. Five years in terms of the investment period is a short time, hence you must keep your capital safe at all times.   You can start with recurring accounts that will enable you to accumulate the funds, then put them in debt funds or mutual fund schemes that assure you stable growth and returns. Alternatively, you can directly identify the mutual funds that will keep your money safe and predict a 5-7% growth over a five-to-seven-year period.   Bonds are a safe bet but typically have a longer lock-in period. You can also look at fixed deposits of private companies that are giving higher returns. Just make sure the company is a reliable name.   In terms of how much you will need to put away each year if you have a 5-year horizon, look at putting away Rs. 5 lakhs per year. If that sounds difficult, you may then have to consider extending your horizon to be able to accumulate the funds that you need. You could partly fund your child’s overseas study with a scholarship or an educational loan.  Source: pixabay Why studying an MBA in the UK is popular? The business administration programs in the UK give you an excellent opportunity to learn in some of the most reputed colleges in the world. The teaching methods, the faculty, and the alumni at these institutes will add an excellent edge to your resume as you set out on your career.  Studying MBA in the UK is particularly attractive if you are looking at Financial Management and International Business and Marketing. The UK-based courses along with the other MBA programs in other European countries offer interesting exposure to the students, and given the close proximity, give students from India an excellent chance to explore the work cultures and mindsets in the rest of Europe as well.   https://www.youtube.com/shorts/sRiktJ_KLmo EduFund Plan your child's master's in the UK Read More Why the UK is a preferred MBA destination? It is a well-known fact that MBA courses are a great opportunity to network with industry leaders and build friendships and bonds with your peers that will last a lifetime. Given the strategic location of the UK, whether you have plans to work in Europe or the Far East; or wish to return to India post your MBA, UK universities will help you to enhance your resume and your network like a few other countries.   With its large Indian population, most students traveling to the UK find comfort in cultural overlaps, and the ease of finding Indian cuisine is an important factor to be considered especially if the student is traveling and staying overseas for an extended period for the very first time.   Some UK Scholarships for students looking to pursue an MBA There are several scholarships available for students who wish to pursue an MBA in the UK. Scholarships like: Commonwealth Masters Scholarships Commonwealth Fellowship Plan Inlaks Scholarship Felix Scholarship.   While these scholarships are available, you must also note that the competition for these is very high. When planning your future, you must have a backup that will allow you to pursue the overseas study dream independent of the scholarship. That is where long-term savings come in. If you plan well in advance, you will be easily able to save up the funds you will need.   Source: pixabay Job prospects after an MBA in the UK If you want to see your child settled in the UK after completing their studies then you must note that the UK only offers up to 4 months of post-study work permit. This period is allocated to help your child look for jobs in their niche.   Statistics show that the employability rate of students doing their MBA in the UK is above 95%, and the average salary one can expect is GBP 50,000 (Rs. 51 lakhs approx.), which makes the investment you make in your education, well worth it!  If you have contacts and family in the UK, it becomes that much easier for you to find affordable stays closer to your university and maybe even land a job quickly. Further, several universities in the UK have scholarships for students from India and Commonwealth countries. Do your research, put in your application and you will find with a budget of Rs. 25 lakhs, pursuing an MBA in the UK under 25 lakhs is possible!  FAQs Is it possible to pursue an MBA in the UK within a budget of 25 lakhs?   Yes, it is possible to pursue an MBA in the UK within a budget of 25 lakhs. There are several universities and business schools that offer affordable programs and scholarships to international students.   What are the admission requirements for an MBA program in the UK?  The admission requirements for an MBA program in the UK vary from university to university. However, common requirements include a bachelor's degree, work experience, a good GMAT/GRE score, English language proficiency, and letters of recommendation.   What are the career prospects after completing an MBA in the UK?   Completing an MBA in the UK opens up a wide range of career prospects. Graduates often find opportunities in multinational corporations, consulting firms, finance sectors, and entrepreneurial ventures. An MBA degree from the UK is highly valued and can boost career advancement.  Are there any scholarships available for international students pursuing an MBA in the UK?   Yes, many UK universities and organizations offer scholarships specifically for international students pursuing an MBA. These scholarships can help reduce the overall cost of the program and provide financial assistance.   Consult an expert advisor to get the right plan for you TALK TO AN EXPERT

Exchange-traded funds (ETFs) are well-known for their low costs and liquidity, but many investors ignore an additional, undervalued benefit of ETFs: tax efficiency. In this crucial aspect, ETFs outperform Mutual Funds by a long shot.   ETFs may owe this tax efficiency to their very structure and their trading, creation, and redemption. Structural components contribute to tax efficiency; lower turnover in passive strategies than active strategies, secondary market trading possibilities, and the structural tax advantages of in-kind redemptions.  As a result, ETF investors have more control over when they pay taxes, i.e., when they sell their shares, rather than when other shareholders buy and sell.   In the USA in 2018, only 10% of ETFs paid out capital gains to investors, but 61% of mutual funds did. Mutual funds paid an average of 4.5 percent capital gains as a percentage of NAV, while ETFs paid only 0.2 percent.   Source: pixabay How are ETFs so tax efficient 1. Passive turnover   According to Morningstar, only 4% of mutual funds are passive, compared to 89 percent of ETFs. Passive strategies, on average, have lower portfolio turnover than active methods.   As a result of the decreased turnover, there are fewer instances of securities selling at a profit, and hence fewer opportunities for shareholders to receive capital gains.   Thus, the very basis of the management of a fund leads to lower or higher tax efficiency. A passive ETF is more tax-efficient than actively managed ones, as passive strategies eliminate the need for continuous rebalancing.   2. Secondary market trading  Unlike mutual funds, exchange-traded funds (ETFs) get traded on stock exchanges. Only 10% of ETF trades affect the underlying portfolio through the primary market, with the rest occurring between investors in the secondary market.   On the other hand, all activity of mutual funds has to occur in the primary market, affecting the underlying portfolio.  When a mutual fund investor requests a redemption, the fund has to sell the securities to cover the obligation. On the other hand, when an individual investor wishes to sell an ETF, he simply sells it in the secondary market. For the ETF, there is no bother and so no capital gains transaction.  This structural difference limits the fund-level transactions. As a result, compared to mutual funds that invest in similar assets, this has a lower cost of ownership and higher returns.  ETFs vs Stocks Read More 3. Structure  Instead of selling securities for cash, the ETF issuer can satisfy redemptions and portfolio rebalance in-kind (exchanging securities for ETF shares) in the ETF primary market.   This in-kind transaction does not result in a taxable event for the fund. It can protect fund shareholders from capital gains from other shareholders' buying and selling decisions.  When an AP redeems ETF shares, the issuer does not immediately rush to sell ETF shares to pay the AP in cash. Instead, he's paid "in-kind" by delivering the ETF's underlying assets.   No capital gains, therefore. Additionally, the ETF provider selects the stocks to be given to the AP, making sure that the shares with the lowest tax liability are given to the AP.  This leaves the ETF issuer with only shares acquired at or even above the market rate, lowering the fund's tax burden and, as a result, providing investors with better after-tax returns.  For some ETFs, the mechanism does not augur well. Fixed-income ETFs are less tax-efficient than other ETFs due to higher turnover and recurrent cash-based creations and redemptions.   That said, ETFs win hands down, with two decades of evidence pointing out their high tax savings compared to any other investment avenue.  FAQs Are ETFs a good investment for a new investor? Exchange Traded Funds are usually considered to be low-risk investments as not only are they low-cost but also hold various stocks and securities, thus increasing diversification. What is an ETF? An ETF stands for exchange-traded fund (ETF). One single ETF is a basket of securities that can be bought and sold like mutual funds through a brokerage firm. ETFs track a specific index such as S&P, sector, commodity, or other assets. Much like stocks, ETFs can be traded on the market. How to invest in ETFs? You can invest in ETFs using the EduFund App. All you need is a US account to start investing. Get started using this link Consult an expert advisor to get the right plan for you TALK TO AN EXPERT