EduFund Blogs

UTI is one of the pioneers of the Indian Mutual Fund Industry. With over Rs 2.4 Lakh crore, the AMC is among the most trusted names in the mutual fund space. The UTI Mutual Fund offers products across asset classes.   UTI Hybrid Equity Fund  Investment objective The scheme's primary objective is to generate long-term capital appreciation by investing predominantly in equity and equity-related securities of companies across the market capitalization spectrum. The fund also invests in debt and money market instruments to generate regular income.   Investment Process   The scheme proposes to invest in equity and equity-related instruments across market capitalization and follow a blend of growth and value-based approaches. The equity portfolio of the scheme shall be constructed around companies evaluated based on though not limited to, cash flow generation, RoCEs/ RoEs, and good management track record. The fund uses a bottom-up and top-down approach with an emphasis on the microeconomic factor of the underlying business.  Source: UTI MF Portfolio Composition  As a hybrid fund, the funds are allocated to equity, long-term debts, government securities, NCA, and INVIT. The equity fund allocated 68% to large-cap funds, 21% to mid-cap, and 11% go into small-cap.   Note: Data as of 28th Feb. 2023. Source: UTIMF Top 5 Holdings for UTI Hybrid Equity Fund  Name Sector  % HDFC Bank Ltd. Banking 6.5% ICICI Bank Ltd Banking 5.67% Infosys Ltd IT 4.68% Larsen & Toubro Ltd Construction 3.95% ITC Ltd IT 3.77% Note: Data as of 28th Feb. 2023. Source: UTIMF  Performance Since Inception  Note: Fund performance since launch; Inception Date – 2nd Jan. 1995. Source: UTIMF Fund Manager  V Srivatsa: Mr. V. Srivatsa is an Executive Vice President & Fund Manager of equity at UTI AMC Ltd. He is a B. Com graduate, C.A., CWA, and has a PGDM from IIM, Indore. He has been with UTI AMC since 2002. Before joining UTI, he worked with Ford, Rhodes Parks & Co., Chartered Accountants for two years, and as an Officer-Audit in Madras Cements Ltd. He started in the securities research department at UTI AMC, covering varied sectors such as Information Technology, Capital goods, and metals. He was promoted as fund manager offshore in December 2005 after a three-year stint in the DOSR. He was given additional responsibilities for the equity portion of hybrid funds in October 2009. He reports to the Head – Of equities for both the domestic & hybrid equity schemes.  Who Should Invest?  Investors who are seeking long-term capital appreciation.  Investors looking to diversify through a portfolio mix of equity (for growth) and debt for (limiting downside)  UTI Hybrid Equity Fund suits investors with a moderate risk appetite and a long-term investment horizon.  Why Invest?  Around 27 years of Performance track record  Portfolio diversification with a Distinct asset class of equity & debt helps attain diversification for the portfolio.  Quality Portfolio mix of equity & debt Focus on established large-cap names & quality debt papers.  Horizon  Ideal for investors with a time horizon of five years and above.   Investment through a Systematic Investment Plan (SIP) may help in tackling the volatility of the broader equity market.  Conclusion  The equity portion of the fund's portfolio is managed actively with a bottom-up stock-picking approach, while the debt portion is managed with a focus on credit quality and liquidity. The fund has performed consistently with a CAGR of more than 14% with moderate risk. Hence, investors looking to generate wealth without aggressive risk can consider this fund. 

Ahmedabad, the cultural and economic hub of Gujarat, is home to some of the most prestigious and sought-after schools in India. However, with quality comes a price, and the city boasts some of the most expensive schools in the country.  In this article, we will look at the top 10 most expensive schools in Ahmedabad that offer world-class education and facilities to students. These schools are known for their outstanding academic programs, excellent faculty, state-of-the-art infrastructure, and extensive extracurricular activities. Whether you're a parent looking for the best education for your child or a student seeking the finest academic experience, these top expensive schools in Ahmedabad are sure to impress.  Top 10 most expensive schools in Ahmedabad  1. Udgam School for Children  Udgam School for Children is one of the most prestigious and expensive schools in Ahmedabad. It is known for its exceptional academic programs and excellent facilities. The school is equipped with modern technology and has a spacious campus that includes a swimming pool, sports fields, and a library. The school follows the CBSE curriculum and offers classes from pre-primary to grade 12.  2. The New Tulip International School  The New Tulip International School is another top expensive school in Ahmedabad that provides holistic education to students. The school offers an international curriculum that includes the International Baccalaureate program and Cambridge International Examinations. The campus is spread over 10 acres and features state-of-the-art facilities such as an indoor sports complex, a science and innovation lab, and an art and music studio. 3. Riverside School  Riverside School is a renowned institution that focuses on providing experiential learning to its students. The school follows the International Baccalaureate curriculum and has a strong emphasis on developing critical thinking skills in its students. The campus is spread over 12 acres and includes a swimming pool, a gymnasium, and a media lab. A variety of extracurricular activities are also available at the school, including sports, music, and theatre.   Expensive Schools in Hyderabad Read More 4. Hiramani School  Hiramani School is a premium CBSE school in Ahmedabad that provides a well-rounded education to its students. The school has a team of highly qualified teachers who are dedicated to nurturing the talents of each student. The campus includes a well-equipped library, science and computer labs, and sports facilities. The school also has a range of extracurricular activities such as robotics, chess, and karate.  5. Eklavya School  Eklavya School is a renowned institution that offers an integrated curriculum that combines academics with creativity and innovation. The school follows the CBSE curriculum and has a strong focus on providing a well-rounded education to its students. The campus includes a library, computer and science labs, and a range of sports facilities. The school also offers a range of extracurricular activities such as music, dance, and drama.  Expensive Schools in Mumbai Read More 6. Rachana School  Rachana School is a prestigious CBSE school in Ahmedabad that provides a world-class education to its students. The school has a team of highly qualified teachers who are dedicated to providing a nurturing environment for students to learn and grow. The campus includes a well-stocked library, computer and science labs, and sports facilities. The school also offers a range of extracurricular activities such as art and craft, music, and dance.  7. Prakash Higher Secondary School  Prakash Higher Secondary School is a renowned institution that offers quality education to its students. The school follows the Gujarat Board curriculum and has a strong focus on providing a well-rounded education to its students. The campus includes a library, computer and science labs, and sports facilities. The school also offers a range of extracurricular activities such as karate, yoga, and art and craft.  Expensive Schools in Delhi Read More 8. St. Kabir School  St. Kabir School is a prestigious institution that provides a holistic education to its students. The school follows the CBSE curriculum and has a strong focus on providing a well-rounded education to its students. The campus includes a library, computer and science labs, and sports facilities. The school also offers a range of extracurricular activities such as music, dance, and theatre.  9. The International School of Ahmedabad The International School of Ahmedabad is a renowned school that offers education from kindergarten to grade 12. The school follows the IB curriculum and has a diverse student body. The faculty is highly qualified and experienced, and the school has excellent facilities, including a science lab, a computer lab, and an art studio. The fees for the school range from Rs. 3,60,000 to Rs. 8,00,000 per annum.  Expensive Schools in Bangalore Read More 10. Mahatma Gandhi International School Mahatma Gandhi International School is another top expensive school in Ahmedabad, offering education from kindergarten to grade 12. The school follows the IB curriculum and has an excellent academic record. The school has a beautiful campus with modern facilities, including a well-equipped library, a music room, and a sports ground. The fees for the school range from Rs. 3,70,000 to Rs. 8,20,000 per annum.  Conclusion  Ahmedabad is home to some of the most expensive schools in India that provide world-class education and facilities to students. These schools offer a range of curriculum choices, including the International Baccalaureate (IB) and Central Board of Secondary Education (CBSE) curricula.   The faculties of these schools are highly qualified and experienced, and the schools have state-of-the-art infrastructure and excellent co-curricular activities.   While the fees for these schools may seem high, they are an investment in the future of the students. These schools provide an environment where students can excel academically and personally, preparing them for the challenges of the modern world.

If you want to invest in healthcare, buying a healthcare ETF is the easiest way to get started without studying individual firms.  Healthcare ETFs invest in a diversified portfolio of stocks from firms that provide medical services, manufacture medical equipment, and medications, provide medical insurance, or help patients access healthcare.  United Health Group Inc. (UNH), Pfizer Inc. (PFE), and Merck & Co. Inc. are three significant healthcare businesses.  The healthcare industry is noncyclical since most medical services and goods are essential rather than discretionary expenditures.   Why should you invest in the Healthcare Industry? Healthcare has a lot of room for expansion. As individuals live much longer than before, medicine faces a slew of diseases to combat, including cancer, heart disease, Alzheimer's disease, stroke, and various other ailments.   This also includes combating new-age diseases like COVID-19 and illnesses that have yet to be discovered. In addition, healthcare spending in the United States has been above planned expenditure.   According to Peterson-Health KFF's System Tracker, medical spending per capita increased by 3.7 percent yearly from 2010 to 2019, compared with 3.4 percent for the US economy. As a result, healthcare ETFs can be a good fit for a defensive portfolio.  You can acquire a broad spectrum of the healthcare sector or even narrower areas with a healthcare ETF. After evaluating your goals, find the group of stocks you want to own in either case.   Unlike buying individual companies, an ETF also provides diversity and helps in lowering your risks. Since the healthcare industry is broad, the division is possible into sub-sectors based on the kind of firms that operate within it.   Except for geared ETFs and funds with under $50 million in assets under management, the healthcare ETF universe consists of around 34 different ETFs that trade in the United States (AUM).   So, you can invest in healthcare in a variety of ways, and a healthcare ETF can offer exposure to some of the following sectors:  How to choose a healthcare ETF?   Here are some parameters to consider before selecting an ETF: Sub-sector exposure Track record of the ETF Expense ratio With $33.95 billion in assets, the Health Care Select Sector SPDR Fund XLV is the largest Healthcare ETF. The best-performing Healthcare ETF in the previous year was LABD, which returned 105.54 percent.   The PSYK ETF PSYK was the most recent Healthcare ETF to be launched on 31 January 2022.  Top ETF performers according to etf.com.  TickerFund NameTrailing 30-days price TR changeBISProShares UltraShort NASDAQ Biotechnology7.14%XHESPDR S&P Health Care Equipment ETF5.62%XHSSPDR S&P Health Care Services ETF3.36%LABDDirexion Daily S&P Biotech Bear 3X Shares3.27%PSCHInvesco S&P SmallCap Health Care ETF2.46% Bottom ETF performers, according to etf.com.  TickerFund NameTrailing 30-days price TR changeLABUDirexion Daily S&P Biotech Bull 3X Shares-14.97%PSILAdvisorShares Psychedelics ETF-9.14%PSYDefiance Next Gen Altered Experience ETF-8.24%BIBProShares Ultra NASDAQ Biotechnology-8.09%CNCRLoncar Cancer Immunotherapy ETF-4.92% If you want to invest in healthcare, you have a few possibilities based on the sub-sector that you want to focus on. If you're unsure which one to buy, you can buy an ETF that tracks the entire industry and acquire overall exposure.   While you don't need to be an expert in investing in an ETF, some investors prefer to stick to diversified asset index funds, like those built on the S&P 500 index, leaving trading and fund selection to the professionals.  FAQs What are healthcare ETFs? Healthcare ETFs invest in a diversified portfolio of stocks from firms that provide medical services, manufacture medical equipment, and medications, provide medical insurance, or help patients access healthcare. United Health Group Inc. (UNH), Pfizer Inc. (PFE), and Merck & Co. Inc. are three significant healthcare businesses. What is the best-performing healthcare ETF? Here are some of the best-performing healthcare ETFs: ProShares UltraShort NASDAQ Biotechnology XHE SPDR S&P Health Care Equipment ETF XHS SPDR S&P Health Care Services ETF LABD Direxion Daily S&P Biotech Bear 3X Shares PSCH Invesco S&P SmallCap Health Care ETF What is ETF in healthcare? A healthcare exchange-traded fund (ETF) is an ETF that invests stocks of companies that primarily provide medical services, equipment or drugs, or medical insurance. Consult an expert advisor to get the right plan for you TALK TO AN EXPERT

One of the largest AMCs in India, DSP has been helping investors make sound investment decisions responsibly and unemotionally for over 25 years. DSP is backed by the DSP Group, an almost 160-year-old Indian financial giant.  The family behind DSP has been very influential in the growth and professionalization of capital markets and the money management business in India over the last one-and-a-half centuries.   DSP Top 100 Equity Fund  Investment Objective The primary investment objective is to seek to generate long-term capital appreciation from a portfolio substantially constituted of equity and equity-related securities of large-cap companies.  Investment Process   Top 100 Equity Fund invests in companies from among the top 100 in India- large, well-known leaders in their respective sectors.  These companies have proven business models with solid track records of performance.  Portfolio Composition  The portfolio holds significant exposure in large-cap stocks at 89.5%, and major sectoral exposure is to Banks, which account for more than 23% of the portfolio. The top five sectors hold more than 70% of the portfolio.  Note: Data as of 31st March 2023. Source: DSP MF Top 5 Holdings  Name Weightage % ICICI Bank Limited 9.82 Axis Bank Limited 7.53 Housing Development Finance Corporation Limited 6.77 Power Grid Corporation of India Limited 5.03 Cipla Limited 4.78 Note: 31st March 2023. Source: DSP Mutual Fund Performance  If you had invested 10,000 at the fund's inception, it would now be valued at Rs 27,245. Note: Data as of 31st March 2023. Source: DSP M Since its inception, the fund has generated a CAGR (Compounded Annual Growth Rate) of 10.27%.  Fund Manager  Abhishek Singh has been managing this fund since June 2022 as a Co-Fund Manager. Abhishek has a total work experience of 11 years. Abhishek joined DSP investment managers in January 2021. His prior experience includes working in Kotak Mahindra Investments Limited and EdelCap Securities Limited. He has done B-Tech from IIT Kanpur and PGDM from IIM Lucknow  Jay Kothari has been managing this fund since August 2018 as a Co-Fund Manager. Jay Kothari, Vice President & Product Strategist -Jay has been with DSP Investment Managers since May 2005 and has been with the Investment function since January 2011. Before joining DSPIM, Jay worked for Standard Chartered Bank for a year in the Priority Banking division. Jay completed his Bachelor of Management Studies (Finance & International Finance) from Mumbai University and an MBA in Finance from Mumbai University.  Who Should Invest in DSP Small Cap Fund?  Consider this fund if you -  Are a first-timer or a relatively new equity market investor?  Accept that equity investing means risk exposure.  Have the patience & mental resilience to remain invested for a decade or more.  Recognize market falls as good opportunities to invest more.  Why Invest in this Fund?  Fund offers the potential to grow your wealth by owning a quality portfolio of businesses.  It can help you beat the impact of rising prices over the long term.  It can be a suitable choice for your portfolio.  Time Horizon  One should look at investing for at least five years or even more.  Investment through Systematic Investment Plan (SIP) may help in tackling the volatility of the broader equity market.  Conclusion  The DSP Top 100 Equity Fund has a proven track record of more than 18 years, where it has delivered a CAGR (Compounded Annual Growth Rate) of 10.27%. It has underperformed the benchmark over the long term. Hence, investors need to remain invested longer in seeing the fund outperform the benchmark. Thus, investors looking to invest in large-cap funds for at least five years to generate high returns can consider this fund. 

We have been hearing the news of high inflation, rising interest rates, bank failures, a possible recession, and much more. As a result of this, the Nifty 50 has been trading in the range of 15,183 to 18,887 in the last 52 weeks* and mainly around the levels of 16,800 to 17,800. It has given hardly any returns in the last year. So, you might be wondering if it is a good time to invest in the Nifty 50 index fund. Let us find out the answer to this question!  *(At the time of writing this article as on 19th April 2023).  What is the Nifty 50 Index Fund?  To explain it briefly, Nifty 50 is an index of the top 50 companies by market capitalization. Index funds with their underlying index as Nifty 50 invest in those 50 companies. This is the passive way of investing in the Nifty 50. So, the returns generated by those funds would be similar to what the returns have been generated by Nifty 50. Generally, the returns generated by an index fund would be lower than the return of the index because of the expense ratio. Benefits of Investing in the Nifty 50 Index Fund  There are many benefits of investing in the Nifty 50 index fund. Some of them are:  You get exposure to the largest 50 companies in India.  You get returns similar to Nifty 50 generated during the same period.  The risk of underperformance of the fund manager is significantly eliminated as the fund replicates Nifty 50.  The expense ratio is significantly less as the fund manager is not required to exercise his expertise. Is it a good time to invest in the Nifty 50 Index Fund?  Now coming to our core question, let us first discuss some facts. The above chart shows that the Nifty 50 has given an excellent return since its inception. But it has also witnessed some crashes, such as the Dot Com Bubble in 2000, Sub-Prime Crisis in 2008, Covid Pandemic in 2020, etc. But still, it has given some excellent returns. If one had started to invest since inception, kept consistency in investing, and remained invested, she/he would have generated massive wealth.   When we look at the graphs above, we look at the massive wealth created over the period. But generally, we ignore the period of downturn and sideways movement. In the short run, markets behave like drunken men. Predicting where it will go in the short run is very difficult. But in the long run, markets reward patience and consistency in your investing. As it is said, the best time to plant a tree was 20 years ago. The second-best time is now. So just because the Nifty 50 has not given any significant return in the last year does not mean you should not invest in the Nifty 50 index fund. Instead, investing at regular intervals can help investors to average their cost of total holdings.  Those looking at valuations and P/E ratio can see that the current Nifty 50 P/E is at around 20x, much lower than the historical highs of 40x. Also, as per the reports of many organizations such as RBI, IMF, and World Bank, it is expected that the Indian economy would grow and would drive the world economic growth, although at a relatively slower rate than the earlier projections. Large companies would take the maximum benefit of this. Hence, this is a good time to invest in the Nifty 50 index fund.  Risks and Time horizon  Nifty 50 is an index of large-cap equities. Hence, index funds having the Nifty 50 as its underlying index have a high risk. However, these funds are not as risky as small-cap funds as the companies are relatively stable due to their large market share and size. Investors seeking returns better than the usual debt options can consider these funds for a longer time horizon, such as 5 to 7 years or even more.  You can invest in the best Nifty 50 Index Funds and the best index funds with other underlying indices through the EduFund App.  Should you have any queries, feel free to write us at research@edufund.in  TALK TO AN EXPERT

If you have a family member, such as a spouse or child, who is interested in studying abroad, it is a great opportunity for personal and academic growth. But it can also be quite expensive. Fortunately, you may be able to use an abroad education loan to finance their program. It can help cover the costs of tuition, accommodation, and other expenses associated with studying abroad. This can be a great option for families who may not have the financial resources to pay for the cost of a study abroad program out of pocket. Apply for Education Loans Benefits of using an abroad education loan to fund a family member’s study abroad program Using an education loan for abroad studies to finance a family member’s study abroad program can offer many benefits, including: 1. Competitive Interest Rates Many banks and financial institutions offer education loans specifically for studying abroad. Education loan interest rates in India are highly competitive, making them an affordable option for families who may not have the funds upfront to pay for a study abroad program. 2. Flexible Repayment Options Most abroad education loans come with flexible repayment options that are designed to accommodate students and their families. For example, some loans allow for a grace period after graduation, during which time no payments are due. Others may offer extended repayment periods, allowing families to spread out their payments over a longer period of time. 3. Improved Career Opportunities Studying abroad can offer your family members access to a wider range of career opportunities. They may gain valuable international experience and develop language skills that can make them more competitive in the global job market. By taking out an abroad education loan, you’re investing in their future career prospects and helping them to achieve their career goals. 4. Exposure to Different Cultures Studying abroad can be a transformative experience that exposes your family member to different cultures and ways of life. This can help them develop a greater sense of empathy and understanding for people from different backgrounds. By investing in their study abroad program with an education loan, you’re giving them the opportunity to expand their worldview and become more globally aware. 5. Personal Growth and Development Studying abroad can also offer your family members the opportunity for personal growth and development. They may have to navigate a new country and culture on their own, which can help them develop independence, self-reliance, and problem-solving skills. This can be a valuable experience that helps them grow and mature as a person. Pros and Cons of Taking Education Loans Read More How to use an abroad education loan to fund a study abroad program for a family member? 1. Research education loan options The first step in using an education loan to fund a study abroad program is to research loan options. Look for banks and financial institutions that offer education loans specifically for international students. Compare interest rates, repayment terms, and eligibility criteria for each option. Make sure you understand the terms and conditions of each loan before making a decision. 2. Determine the total cost of the study abroad program Once you have a loan option in mind, you’ll need to determine the total cost of the study abroad program. This includes tuition fees, accommodation, travel expenses, and other costs associated with studying abroad. It’s important to have a clear understanding of these costs before applying for a loan. 3. Apply for the loan After researching loan options and determining the total cost of the study abroad program, it’s time to apply for the loan. You’ll need to provide personal and financial information, including your income, assets, and credit score. Your lender will also require information about the study abroad program, including the name of the institution and the course of study. 4. Provide collateral if required Some education loans require collateral, such as property or other valuable assets. If this is the case, you’ll need to provide proof of ownership and the value of the collateral. Make sure you understand the terms and conditions of providing collateral before agreeing to the loan. 5. Use the loan funds wisely Once the loan is approved and the funds are disbursed, it’s important to use the money wisely. Stick to the budget you created and avoid overspending. Keep receipts and records of all expenses related to the study abroad program. 6. Repay the loan After the study abroad program is completed, it’s time to start repaying the loan. Make sure you understand the repayment terms, including interest rates and payment schedules. Set up automatic payments or reminders to ensure you don’t miss any payments. Conclusion Using an education loan to fund a study abroad program for a family member is a great way to help them achieve their academic goals. However, it’s important to research loan options, determine the total cost of the program, and use the loan funds wisely. With careful planning and budgeting, an education loan can be a valuable tool for making studying abroad a reality.

Recently, studying abroad has become an increasingly popular option for students seeking higher education. However, it is important to weigh the costs of studying abroad versus studying at home, as the expenses can be quite different. For Indian students, an abroad education loan can help bridge the gap between the costs of studying at home and abroad. The decision to pursue higher education can be a complex one. One of the key factors to consider is whether to study abroad or stay in India. There are pros and cons to both options, and it's important to carefully consider the advantages and disadvantages of each. 1. Studying Abroad Studying abroad can offer several benefits. Firstly, international education can provide exposure to different cultures and ways of thinking. This can be valuable in terms of personal growth and can also make students more attractive to employers who are seeking global perspectives. Additionally, studying abroad can offer access to higher-quality education and resources. Many universities abroad have state-of-the-art facilities and cutting-edge research programs, which can be difficult to find in India. This can be particularly important for students who are pursuing fields such as engineering, technology, or business. However, studying abroad also comes with some challenges. Firstly, it can be quite expensive, as tuition fees and living expenses can be significantly higher than in India. Additionally, adjusting to a new culture and language can be challenging, and some students may struggle with homesickness or feeling isolated from their families and friends back home. 2. Studying in India Studying in India also has its advantages. Firstly, it can be more affordable than studying abroad, as tuition fees are generally lower and living expenses may be less expensive. Additionally, studying in India allows students to stay close to their families and communities, which can be important for personal and cultural reasons. Moreover, India has many world-class universities that offer high-quality education and research opportunities. Students who study in India have access to a wide range of academic programs, from traditional liberal arts programs to cutting-edge technology and business programs. However, studying in India also has its challenges. Some universities in India may have outdated facilities and teaching methods and may not offer the same level of resources and opportunities as universities abroad. Additionally, students who study in India may miss out on the opportunity to gain international exposure and may not have the same level of global connections as students who study abroad. How to Save 50% of Your Income? Read More Making the Decision Ultimately, the decision to study abroad or in India depends on a number of factors, including personal preferences, academic interests, and financial considerations. It's important to carefully consider the advantages and disadvantages of each option before making a decision. For some Indian students, studying abroad may be the best choice, as it can offer access to higher-quality education, global exposure, and valuable personal and professional growth. For others, studying in India may be the better choice, as it can be more affordable and allow students to stay close to their families and communities while still receiving a high-quality education. Abroad Education Loan The cost of studying abroad can be a significant barrier for many students. Thankfully, an abroad education loan can help bridge the financial gap and make studying abroad a reality. One of the primary advantages of taking an abroad education loan is that it covers the entire cost of education, including tuition fees, living expenses, and travel costs. With the rising cost of education, this can be a huge relief for students and their families, who may not have the financial means to pay for the expenses upfront. An abroad education loan also provides flexible repayment options, enabling students to repay the loan after they complete their studies and secure a job. This can help alleviate the financial burden on students, who may otherwise struggle to repay the loan immediately after graduation. While an abroad education loan can be a boon for students, it is essential to choose the right loan provider carefully. Students should research and compare the interest rates, repayment options, and other terms and conditions of various loan providers before choosing one. Conclusion Studying abroad can be an exciting and rewarding experience, but it is important to carefully consider the costs involved. For Indian students, an abroad education loan can help bridge the gap between the costs of studying at home and abroad. By carefully considering your options and choosing a loan that fits your needs, you can pursue your dream of international education and gain valuable skills and experience that will benefit you for years to come. If there is any confusion regarding how to take an education loan or any other factor in taking this decision, our team of financial advisors is just a call away.

In the previous article, we discussed investing in the 30s. In this article, we will discuss how long should you invest in SIP. SIP (Systematic Investment Plan) is a method of investing that requires consistency in investments, even if the amount is small. It focuses on time and requires the compounding cycle to continue without any breaks. If the investment is made in a SIP format, the investor can take advantage of rupee-cost averaging over the long term to gain better returns on average.   Periodic investment also reduces volatility and can help in accumulating a sizeable corpus. SIPs usually allow you to invest weekly, quarterly or monthly.  An important question that plagues the topic of discussion is the duration of your SIP. Though it is a subjective question that depends on person to person, is there some ideal duration for running your SIP?  To answer the above question, we must understand that SIP is not an investment instrument, but it is a way to invest your money, opposite to a lumpsum investment.   Source: Pexels What is the ideal duration to invest in SIP? Ideally, the longer you stay invested, the better it will be to grow your wealth because of the cost of investment averaging out in the long term.   Another essential thing to keep in mind is that the period of your SIP can be different from your holding period. For example, you might stop your SIP after five years but remain invested for 10-15 years.   Investments in mutual funds, stocks, etc., do not require you to pull out your capital from the market immediately after your tentative investment period is over. The investment period will depend upon the goals and objectives that you aim to fulfill.  For example, if you are investing to buy a car, you may need to save for 3-4 years depending upon the monthly payment you plan to make. Your retirement planning needs more careful consideration, given that a considerable amount is required compared to usual expenses.  Benefits of long-term SIP investment strategy According to the Value Research team, SIPs can be said to be truly safe for close to 4 years and above. The study found that, on average, the risk of loss when an investment is undertaken for more than four years (investment done with due diligence) is negligible. Interestingly, the risk of loss and the chance of a high windfall gain is higher in the short run.   Over long periods, the maxima and the minima get averaged out. For example, consider the following fund with a multi-decade history; overall possible one-year periods, the maximum and minimum returns are 160% and 57%, respectively.   For two years, it is 82% and 34%. Over five years, 54% and 4%, never meaning a loss. Over ten years, the maximum is 30%, and the minimum is 13% (all annualized figures).   Thus, the comparison is obvious – the shorter the period, the higher the potential gain, but the worse the possible risk.  We get a good answer from the above data: we must carry on our SIPs for at least 3 to 4 years; some lumpsum additions in between can be beneficial for your portfolio.  It is vital to keep your investment objective in mind while deciding how long you wish to run your SIP. FAQs Is it good to invest in SIP for 20 years? Yes, 20 years is a good long-term horizon to stay invested in SIP. The longer you stay invested, the better the returns on your initial investment. When should I quit SIP? If a fund is consistently underperforming, it might be a good reason to stop investing. Another reason could be that the mutual fund and its performance no longer meet your financial goals. This is why it's important to revisit your portfolio and update it so that it can align better with your financial goals. Is it OK to start investing at 30? Yes, it is a good idea to start investing at 30 years of age. It is never to late to start investing your money towards your financial goals. You can consult a SEBI- registered financial advisor and get the best advice to make a success. How can I build my wealth at 30? Here are some ways to build your wealth at the age of 30- Create an emergency fund Become debt-free Align investments with life goals Beating inflation Do not fear risk Do not disregard liquidity Invest continuously Consult an expert advisor to get the right plan for you TALK TO AN EXPERT

Do you wish to increase your monthly savings by setting aside half of your income? What would it mean for you to have those extra savings? The basis of an effective saving strategy is self-control and discipline. It might be challenging to reduce spending when everyone around you is living over their means. In this blog, we will discuss how to save 50 percent of your income. Tips to save 50% of your income Here are the best methods you may use if you want to save almost half of your monthly income: 1. Track your spending The first step is to keep track of your expenditures if you want to start saving half of your income. This will make it easier to see where your hard-earned money is being spent. If you are monitoring your spending for the first time, we advise looking at previous bank statements or recording your expenditure for the upcoming 30 days. Get an accurate picture of your present spending patterns before adjusting your budget. You may use a complex spreadsheet or pen and paper to categorize each item. This is ideal if you want to determine where to cut back on your spending. 2. Reduce your biggest expenses For most people, housing (rent or mortgage), transportation, and food account for most of their monthly income (groceries and dining out). If you want to save half your salary, start looking for methods to cut these costs. Although financial experts suggest spending no more than 30% of your monthly income on housing, it is becoming increasingly difficult to adhere to this advice given today's stagnant wages and rapidly rising housing expenses in big cities. 3. Transportation Everyone prefers to drive their car to work. Because fuel and petrol are so expensive in India, switching to a less expensive method of transportation will allow you to save a more significant portion of your paycheck. So long as the time and financial costs balance out for the two. If you have access to public transport, you can save money over time on petrol or diesel, parking, and maintenance. Every time you can leave the car behind, you save money. Although saving Rs 10 each day might not seem like much on its own, it adds up significantly over a year. You may drastically minimize wear and tear on your automobile and save money on gasoline if you can share a ride to and from work with another person or utilize shared taxis. 4. Cut down on energy bills From summer to winter, the energy used by all the plugged-in appliances is expensive and consumes a lot of money. Fortunately, technology has given us a few workable methods to boost energy effectiveness and lower energy expenditures. Install LED or CFL lights, for instance. Think about switching out your home's normal 1000-watt light bulbs for CFLs or, even better, LEDs. These bulbs have a long lifespan and are almost four times as energy-efficient as incandescent lights. To save about Rs 50 each month, a 60-watt bulb can be changed out for a 14-watt CFL or LED. Another choice is to use all of your electric equipment carefully. Electronics must be unplugged while not in use. Little savings come from the washing machine you forget to turn off and the laptop battery charger you failed to remove. This results in substantial savings. This is an easy way if budgeting your income is your main priority. 5. Reduce or get away with bad habits Any consuming habit, such as smoking or binge drinking, can be a constant financial drain with no discernible gain. You can get away with these unhealthy behaviors as quickly as feasible. 6. Boost your income   Even though you've heard tales of folks managing to save substantial quantities of money while living on a tight budget, such stories are uncommon and challenging to duplicate. There are several strategies to increase your earnings. Several methods to increase your income include working longer hours at your present job, asking for a raise, and looking for positions to earn more. It may be simpler to start saving half of your salary. Getting a second job, picking up a side gig, or establishing a business are among more options. Saving money is complex, and we regularly face unplanned expenses in life. Although living like a Spartan is not a good idea, you should still enjoy life. Having a plan and sticking to it can help you cover your expenses, save money for retirement, and still do the things you like.

Hyderabad, the bustling city in the southern part of India, has an impressive range of educational institutions. From primary schools to prestigious universities, Hyderabad has it all. However, for those looking for an elite education, Hyderabad has a few expensive schools that offer top-notch facilities and education. These schools are known for their excellent curriculum, state-of-the-art infrastructure, and highly experienced faculty.   In this article, we will discuss the most expensive schools in Hyderabad, including the top 10 expensive schools that provide a world-class education to students. Whether you are a parent looking for the best education for your child or a student interested in pursuing a top-notch education, this article will provide you with all the information you need to know about the most expensive schools in Hyderabad. Top 10 expensive schools in Hyderabad  Hyderabad is home to some of the most prestigious and expensive schools in India. These schools offer an unmatched level of education and provide students with the resources and opportunities to excel academically and personally. Here are the top 10 expensive schools in Hyderabad:  Oakridge International School: With a sprawling campus and a focus on international education, Oakridge International School is one of the most expensive schools in Hyderabad. The annual fees for this school start at around Rs. 5,00,000 and can go up to Rs. 10,00,000, depending on the grade level.  International School of Hyderabad: The International School of Hyderabad offers a unique blend of Indian and international curriculum, and their annual fees range from Rs. 4,00,000 to Rs. 9,50,000.  Chirec International School: With a reputation for academic excellence and a strong focus on extracurricular activities, Chirec International School is another expensive school in Hyderabad. The annual fees for this school range from Rs. 3,00,000 to Rs. 9,00,000.  Delhi Public School, Hyderabad: A branch of the well-known Delhi Public School network, the Hyderabad branch is one of the most expensive schools in the city. The annual fees for this school start at around Rs. 3,00,000 and can go up to Rs. 7,00,000.  Glendale Academy: With a sprawling campus and state-of-the-art facilities, Glendale Academy is another expensive school in Hyderabad. The annual fees for this school start at around Rs. 2,50,000 and can go up to Rs. 6,00,000.  Gitanjali Devshala: Known for its focus on holistic education and student development, Gitanjali Devshala is one of the most expensive schools in Hyderabad. The annual fees for this school range from Rs. 2,00,000 to Rs. 5,00,000.  Nasr School: One of the oldest and most prestigious schools in Hyderabad, Nasr School is also one of the most expensive. The annual fees for this school start at around Rs. 1,50,000 and can go up to Rs. 4,50,000.  Hyderabad Public School: Another well-known and highly respected school in Hyderabad, the Hyderabad Public School is also one of the most expensive. The annual fees for this school start at around Rs. 1,50,000 and can go up to Rs. 4,50,000.  Meridian School: With a focus on experiential learning and a commitment to providing a well-rounded education, Meridian School is one of the most expensive schools in Hyderabad. The annual fees for this school start at around Rs. 1,50,000 and can go up to Rs. 4,50,000.  The Creek Planet School: With a unique curriculum that focuses on STEM education and innovation, The Creek Planet School is one of the most expensive schools in Hyderabad. The annual fees for this school range from Rs. 1,50,000 to Rs. 4,00,000.  While the annual fees for these schools may seem steep, they come with a host of benefits. These schools offer world-class facilities, highly experienced faculty, and a focus on individualized attention and personalized learning. Students who attend these schools have access to state-of-the-art classrooms, libraries, labs, and sports facilities, as well as a range of extracurricular activities.  The high fees for these schools may also be an indication of the level of competition for admissions. Many of these schools have a rigorous admissions process, and the competition for admission is fierce. However, for students who are able to secure a spot in one of these schools, the benefits can be immense.  In addition to the academic benefits, attending one of these expensive schools can also provide students with valuable social connections and networking opportunities. Many of these schools have alumni networks that extend far beyond Hyderabad, and attending one of these schools can help students build relationships that can last a lifetime.  Overall, while the fees for these schools may be high, they offer a unique and valuable educational experience that is well worth the investment for families who are able to afford it.  Expensive Schools in India for Child Education Read More Conclusion  Hyderabad is home to some of the most expensive schools in India that provide a world-class education to students. These schools offer a unique blend of academic excellence, state-of-the-art infrastructure, and extracurricular activities that help students develop holistically.   While the fees for these schools may seem steep, they come with a host of benefits that make them well worth the investment. For families who can afford it, attending one of these schools can be a life-changing experience for their children Talk To An Expert

The phrases "CIBIL Score" and "credit score" are certainly familiar to you. Your creditworthiness is expressed numerically by your credit score. This score, which has three digits and runs from 300 to 900, tells banks and other lending organizations if you can afford to pay back the money you borrow. In this blog, we will discuss credit requirements for abroad education loans and how to build credit if you don't have any. Minimum credit score for an education loan The needed credit score for an education loan is 685. Even yet, if it's not too bad and it relates to a credit card, government banks may occasionally accept a credit score of less than 685. The bulk of NBFCs present in India, however, always demand that co-applicants and loan applicants have credit scores of at least 700. Should you get your child a credit card for college? Read More Why credit score is important for an education loan? When deciding whether to study abroad or even in one's nation, student loans are one of the most crucial considerations. Education loans can be your lifeline and support you at every level of your financial need as the expense of higher education rises. To obtain a loan, you must meet several standards. The most crucial one is your credit score; in other words, a credit score and an education loan are related, and it is reasonable to assume that your credit score affects how much money you may borrow for college. One of the most important considerations for an education loan is the applicant's and co-credit applicant's history. The credit score may often range from 300 to 900. Although a minimum credit score of 750 or more is required for educational purposes since it is seen to be best for earning a higher degree, loan acceptance would be challenging for candidates with credit scores below 600. When applying for an education loan, a student's credit score may be crucial, but if they lack one, the lender will base their loan conditions on the credit ratings of their co-borrowers. A student's probability of getting financial aid can be boosted by meeting the lender's other qualifying conditions and having a good credit score. Credit score impact on education loans? Read More How to build your credit score? The following are possible causes of your low credit score as well as suggestions for how to raise it: Overuse of credit limit: Using your whole credit limit is a sign that you lack self-control when it comes to spending. Try to keep your balance between 30 and 50 percent of your total credit limit. You'll use credit less as a result, improving your credit score. Late and failed payments: Your credit score declines if you often skip or postpone loans or credit installments. Set up reminders to pay back all borrowed money on time; this will help you build credit and get better loan conditions in the future. Rejected loan requests: Wait before applying for a new loan if your previous one was rejected. When your credit score declines with each loan denial, there will be a higher chance of a fresh loan denial in such situations. Improve your credit score as a top priority to be eligible for loans. You can then file a loan application with better conditions after doing this. Documents required for education loan Following is the list of documents required for an abroad education loan:  1. For Student-applicants Evidence of identity: PAN and Aadhar card. Evidence of address or residence: A current copy of a utility bill or phone bill Passport. Academic history: The tenth and twelfth results. Graduation result: Semester-wise. Results of the entrance exam via which admission was obtained (GMAT, GRE, TOEFL, or IELTS). Offer letter from the university you have applied to. Conditional admission letters are frequently taken into consideration. Declaration of study cost or schedule of costs. 2 photos. If there have been any prior loans from other banks or lenders, the most recent 1-year account statement. 2. For Co-applicants PAN, a passport, a driver's license, or a voter ID card are all acceptable forms of identification. Evidence of address or residence: 2 passport-size photos and a recent copy of a phone bill, electricity bill, or Aadhar card. If there have been any prior loans from other banks or lenders, the most recent 1-year account statement. Things to keep in mind before applying for a student loan When you apply for a student loan to pay for your study abroad adventure, the following tips will help you: When requesting a student loan, it is crucial to follow the right guidelines and fully understand the university courses. Monitor your CIBIL score and its report before borrowing money from a bank or other financial institution. Constantly keep an eye on the loan amount and the conditions attached to it. Always give interest rates and moratoria significant thought.

Delhi, the capital city of India, is home to some of the most elite educational institutions in the country. Among these best schools in Delhi, which are known for their exceptional facilities, world-class education, and unparalleled learning experiences. These best schools in Delhi are sought after by affluent families who are willing to pay top dollar for their children’s education. In this article, we will explore the top 17 best schools in Delhi, which offer an unparalleled learning experience for their students.   Whether you’re a parent looking for the best education for your child or a student looking to enroll in one of the top schools in Delhi, this guide will provide you with all the information you need to know about the most expensive schools in Delhi. Schools in Gurgaon Read More Top 17 best schools in Delhi  1. Modern School, Barakhamba Road: The renowned co-educational institution, Modern School, was established in 1920 and maintains a consistent reputation as one of the finest educational establishments. Affiliated with CBSE, it offers a comprehensive curriculum spanning from 6th to 12th grade. Amenities like a medical facility, cafeteria, and CD library are available. Notably, the top school in Delhi houses a dedicated technology block that accommodates various departments including Ceramic Design and Pottery, Electronics and Robotics, Fashion and Jewellery design, Home Science and Interiors, and Photography, to name just a few. Address:  J6HH+MMC, Barakhamba Rd, Todermal Road Area, Mandi House,  New Delhi, Delhi 110001, India Board: CBSE Website: https://modernschool.net/ 2. The Shri Ram School, Vasant Vihar: Founded in 1988, The Shri Ram School is one of the most prestigious, expensive, and best schools in Delhi. It offers education from pre-school to 12th standard and is known for its excellent infrastructure, academic rigor, and emphasis on extra-curricular activities.  Address: D3 St, Block D, Vasant Vihar, New Delhi, Delhi 110057 Board: ICSE  Website: https://www.tsrs.org/ 3. The British School, Chanakyapuri: The British School is a co-educational international school that offers education from pre-nursery to 12th standard. It follows the British National Curriculum and offers the International Baccalaureate program in the senior years. The school has state-of-the-art facilities, including a swimming pool, tennis courts, and a theatre. Address: Dr Jose P Rizal Marg, Chanakyapuri, New Delhi Board: EYFS, IGCSE, and IB Website:  https://www.british-school.org/ 4. The American Embassy School, Chanakyapuri – The American Embassy School is an international school that offers education from pre-kindergarten to 12th standard. It follows the American curriculum and offers Advanced Placement courses in the senior years. This international school in Delhi has a diverse student body and offers a range of extra-curricular activities, including sports, music, and drama. Address: Chandragupta Marg, Chanakyapuri, New Delhi, Delhi 110021 Board American or US Curriculum Website: aes.ac.in 5. Sanskriti School, Chanakyapuri: Sanskriti School is a co-educational school that offers education from pre-nursery to 12th standard. It is known for its emphasis on Indian culture and values and offers a range of extra-curricular activities, including sports, music, and dance. The school has excellent facilities, including a swimming pool, auditorium, and library. Address: S Radhakrishna Marg, Chanakyapuri, New Delhi Board: CBSE, National Institute of Open Schooling (NIOS) curriculum Website: https://www.sanskritischool.edu.in/ 6. Don Bosco School, Alaknanda: Don Bosco School, Alaknanda, established in 1980, stands as a preeminent boys' school in Delhi. It maintains an affiliation with CBSE and imparts education up to the twelfth grade. Encompassing a sprawling 10-acre campus, the institution features a substantial auditorium, fully-equipped laboratories, sports facilities, a well-provisioned library, and a dedicated counseling space. Beyond scholastics, students excel in various co-scholastic domains. Notably, in 2013, the school secured the 15th position among the finest educational institutions in India. During the same year, it garnered the second spot among the best schools in Delhi and clinched the top rank among New Delhi's educational establishments.  Address: Alaknanda Rd, New Delhi, Delhi Board: CBSE  Website: https://donboscoschool.in/home/ 7. Vasant Valley School, Vasant Kunj: Vasant Valley School is a co-educational school that offers education from pre-nursery to 12th standard. It is known for its focus on holistic education and offers a range of extra-curricular activities, including sports, music, and dance. The school has excellent facilities, including a swimming pool, football field, and indoor sports complex. Address: Vasant Kunj, Delhi Board: CBSE, National Institute of Open Schooling (NIOS) curriculum. Website: https://www.vasantvalley.org/ 8. Delhi Public School, RK Puram: Delhi Public School is a co-educational school that offers education from pre-nursery to 12th standard. It is one of the most well-known and prestigious schools in Delhi and has consistently ranked among the top schools in the country. The school has state-of-the-art facilities, including a swimming pool, auditorium, and sports complex. Address: Kaifi Azmi Marg, KD Colony, Sector 12, RK Puram, New Delhi Board: CBSE Website:  https://dpsrkp.net/ 9. Ahlcon International School, Mayur Vihar: Ahlcon International School boasts a sprawling campus spanning 8000 square meters. Within its premises, an array of amenities awaits, including a swimming pool, sports zones, specialized libraries, state-of-the-art smart classrooms, WiFi connectivity, indoor sports provisions, as well as dedicated dance and music studios. The inauguration of this international school in Delhi was done in 2001 and was graced by Mrs Sheila Dikshit, the former Chief Minister of Delhi. Over the years, Ahlcon International School has garnered numerous accolades and awards, solidifying its position as a prestigious educational institution. Address:  Mayur Vihar, Phase 1, Delhi Board: CBSE Website: https://www.ahlconinternational.com/ 10. Mother's International School, Sri Aurobindo Marg: Founded in 1956, Mother's International School was established by the Sri Aurobindo Education Society, an organization associated with the Sri Aurobindo Ashram. The campus presently accommodates a student population exceeding 2500. This international school in Delhi provides education in three distinct streams: Science, Commerce, and Humanities. A curriculum encompassing four languages English, Hindi, Sanskrit, and French is offered. Additionally, the institution boasts an extensive array of extracurricular activities tailored to students' interests. The campus features amenities for pottery, clay modeling, carpentry, drama, quizzing, yoga, taekwondo, gymnastics, sex education, music, and art groups. Address:  Sri Aurobindo Marg, Vijay Mandal Enclave, Kalu Sarai, New Delhi, Delhi 110016 Board: CBSE Website: https://themis.in/ 11. G.D. Goenka Public School, Paschim Vihar: The G.D. Goenka Public School is dedicated to fostering individuals equipped with core values and diverse competencies. This objective is achieved by prioritizing not only academic excellence but also the holistic development of each child. The campus is under constant CCTV surveillance and includes well-ventilated smart classrooms, science labs, and libraries to enhance the learning process. This is one of the best schools in Delhi that offers additional facilities such as transportation, a cafeteria, a medical room, and an auditorium. The co-scholastic domain encompasses various performing arts, sports activities, robotics, as well as creative pursuits like pottery, clay painting, and candle making. Address: A-2, Dr. Major Ashwini Kanwa Marg, opp. District park PASCHIM VIHAR, NEW DELHI -110063 Board: CBSE Website-https://www.gdgoenkapaschimvihar.com/ 12. OPG World School, Dwarka: Established in 1996 in the lively city of Dwarka, OPG World School remains dedicated to realizing the vision set forth by O. P. Gupta. This top school Delhi is committed to fostering an inventive educational atmosphere that blends scholastic rigour with hands-on learning opportunities. Boasting global-grade infrastructure and amenities, the campus features Wi-Fi and CCTV coverage, along with well-equipped reading rooms, laboratories, smart classrooms, and creative spaces. The school hosts various educational clubs, including robotics and mathematics, as well as traditional platforms like debating. Additionally, there are vibrant performing arts clubs focusing on dance, drama, and music. Students are also encouraged to explore contemporary film production and artistic pottery through dedicated clubs. Address: Opposite Sanskriti Apartments, Radha Krishna Mandir Marg, Sector 19B, Dwarka, New Delhi, Delhi 110075 Board: CBSE Website– https://www.opgworldschool.com/ 13. Apeejay School, Sheikh Sarai: Apeejay School stands renowned for its distinguished academic heritage. The students at this institution are meticulously groomed, showcasing their competence on the international stage. The school's infrastructure is truly exceptional, not only in terms of aesthetics but also through its state-of-the-art facilities, such as the Atal Tinkering Lab. The library area is uniquely divided into junior and senior sections, offering not only books but also audiovisual resources to enhance the joy of learning. Address:  Sheikh Sarai Road Near Malviya Nagar, Panchsheel Marg, Phase I, New Delhi. Board: CBSE Website:  https://www.apeejay.edu/panchsheel/ 14. Venkateshwar Global School, Rohini: Situated in the heart of Rohini, Delhi, Venkateshwar Global School is a premier establishment known for its world-class education. The school's experienced and dedicated faculty members are recognized for pushing students beyond their limits. Since its inception in 2007, the school has maintained a student-teacher ratio of 22:1 and employs English as the primary language of instruction. The top schools in Delhi have extensive infrastructure serves as a testament to its distinguished reputation in providing top-notch education. An astonishing 100% of its students qualified for the examination, with a remarkable 100% achieving exceptional results. Address: Rohini, Delhi Board: CBSE Website: https://www.vgs.co.in/ 15. Springdale School, Pusa Road: Springdale School stands as a progressive educational institution with a rich history. Its foundation dates back to 1955, driven by a commitment to both national rejuvenation and international collaboration. Rooted in the motto 'Vasudhaiva Kutumbakam'—a philosophy asserting the unity of humanity—this is one of the best schools in Delhi that has thrived over the years. Noteworthy enhancements include the provision of clean water services, cutting-edge smart classrooms, a mini auditorium, well-equipped labs, efficient transportation, extensive libraries, a medical facility, dedicated dance and music rooms, sports amenities, and even an elevator to ensure inclusivity for physically challenged students across its four-story building. Extracurricular pursuits encompass a diverse range of artistic expressions, including art, theatre, music, dance, and even film production. Additionally, Leadership Conventions, Seminars, and Exhibitions form integral components of the school's offerings. Address: UPPER RIDGE JUNCTION, PUSA ROAD, NEW DELHI – 110005 Board– CBSE Website– https://www.springdalespusa.com/ 16. Sardar Patel Vidyalaya, Lodhi Estate: Sardar Patel Vidyalaya has been a cornerstone of quality education since its establishment in 1958. This esteemed institution ranks among Delhi's top private schools, with a steadfast dedication to academic excellence. Each year, students participate in the AISSE (class 10) and AISSCE (class 12) examinations held in March, underscoring the school's commitment to scholastic pursuits. The school's well-equipped laboratories, featuring state-of-the-art technological resources, play a pivotal role in nurturing each student's potential and fostering continual growth. Address: Lodhi Estate, New Delhi Board: CBSE Website: https://spvdelhi.org/ 17. Convent of Jesus & Mary, Bangla Sahib: The Convent of Jesus & Mary stands out as a premier girls-only school and a shining star among Delhi's educational institutions. The school boasts an exceptional track record of academic accomplishments, epitomizing excellence. However, its students are equally renowned for their active participation in co-curricular and extracurricular activities. Beyond academic brilliance, the best schools in Delhi for girls nurture well-rounded individuals who excel in various spheres of interest, making a mark both within and beyond the classroom. Address: Near Bangla Sahib Gurudwara, New Delhi Board: CBSE Website: https://www.cjmdelhi.com/ START An SIP With EduFund These are the best schools in Delhi that are known for their high-quality education, world-class facilities, and emphasis on extra-curricular activities. They are sought after by affluent families who are willing to pay top dollar for their children's education. While the fees for these schools may seem exorbitant to some, many parents believe that the benefits of an education at one of these elite institutions are worth the cost.  In a world where education is an investment in a brighter future, EduFund emerges as a trusted ally for every Indian parent. With its smart planning and financing solutions, EduFund empowers parents to navigate their child's educational journey with confidence. Whether it's strategic savings or intelligent borrowing, EduFund ensures that higher education remains an achievable dream for all. Secure your child's educational future today with EduFund! Best International Boarding Schools Read More In addition to academic excellence, these schools also focus on the overall development of their students, including their physical, emotional, and social well-being. They offer a range of extra-curricular activities, including sports, music, art, and drama, which help to develop the student's creativity and foster a love for learning.  Most expensive schools in India Read More Conclusion  The best schools in Delhi are a testament to the high standard of education and facilities available to students in the city. These schools are sought after by families who value education and are willing to invest in their children's future. They offer a wide range of educational and extracurricular opportunities, and their focus on the holistic development of their students sets them apart from other institutions.   While the fees for these schools may seem steep, many parents believe that the benefits of an education at one of these elite institutions are worth the cost. Ultimately, these schools play an important role in shaping the future leaders of India and contribute to the country's growth and development. 

In the previous article, the discussion was about: how long should you invest in SIP. This article will try to understand the steps you must take to secure your child's future, that is, how to plan for a child's future.  Your child's birth is one of the most critical events in your life. Other than celebration, it requires maturity and responsibility for the parents to take up this responsibility and secure their future.   A plan for the child should cover different phases of a child's life, including education, health care, and even marriage. https://www.youtube.com/watch?v=r1fA8jz3dIE&t=1132s YouTube: EduFund 8 Tips on How to Plan for a Child's Future 1. Use compounding to your advantage  A lot of money is involved when a child goes for higher education, which means you have to build a robust corpus for your child.   Good education. From the child's birth, there is quite a long time, close to 15-20 years, to when a child reaches the age of higher education.  So, you can invest in instruments like stocks and mutual funds that will compound your money at a better rate and will leave you with a vast corpus in your time of need.    2. Starting early and having insurance  The power of compounding takes time to show its magic, so the most important thing is to start early.   You must maintain a plan for your child as soon as they are born. There must be a comprehensive insurance policy to consider some unforeseen events. Insurance policies will also act as a cushion for your investments. Guard you against unwanted events.   3. Account for inflation An essential thing that most people miss while planning their investments is to account for inflation or education inflation. Since you are investing for a very long period, you must take care of the inflation-adjusted returns that you will make. Since inflation is a huge factor that eats up your money, you must take adequate steps. If you consider this factor, you can protect your child's education fund, marriage fund, etc., from being eroded.   It will help you plan your child's future better by incorporating the best plans that offer a cushion from the blow of inflation, preventing your savings from eroding. 4. Goal setting  Goal setting and prioritizing your goals for the child's future are very important as they will help you channel your investments. For example, you must invest in different plans so that you will be able to withdraw your funds at the time of, say, your child's higher education or at the time of marriage.   So, keeping in mind the goals and being specific helps a lot while planning for your child. You can also have different; for example, you can take other term plans to safeguard essential goals.  5. Invest in a high-yielding scheme Since you have a lot of time to invest from the birth of a child, you can take advantage by investing in high-yielding strategies that might come with greater risk and high return potential.   They have the potential to outperform most other asset classes, and they are considered effective in building a corpus faster.   You can take this risk since you are investing from a long-term perspective. Still, it is also essential to do proper hedging by purchasing an adequate amount of investments to cushion this aggressive equity investment.  6. Invest in partial withdrawal plans As we know that you will require the money at different time points, it is wise to invest in plans that allow you to withdraw cash when you need it because these plans are very helpful during emergencies.   The ease of withdrawing funds might act as a boon at a time when fulfilling a need for a child's financial future is more urgent than other things.  7. Plan for yourself as well If you want your child to be happy in the future, you must do your retirement planning properly. Parents won’t want their daughters or sons to remain worried even after they have settled into their lives.   So, to take care of this factor, you must take adequate steps to secure your retirement.   8. Review your plan periodically To keep your plan relevant over the years, you must constantly review it every year or on some decided timeframe to ensure that you do not miss out on any event that might affect your investments.   Parents who indulge in reviewing and modifying their child's plans, be it for education or their future settlement, or their marriage, are more likely to adjust their investments, savings, and strategies by the times and thus maintain sync.  FAQs What are the tips on how to plan for your child's future? Here are tips on how to plan for your child's future - Use compounding to your advantage Starting early and having insurance Account for inflation Goal setting Invest in a high-yielding scheme Invest in partial withdrawal plans Plan for yourself as well Review your plan periodically What is the most effective way to save for your child's education? There are many ways to save for your child's education such as investing via mutual funds, making US investments like ETFs and US stocks, and investing in gold and digital gold. Investors can explore a bunch of methods to save. Before starting it's always good to know how much you need to save so that you can create a financial plan around that cost. What is the best time to start planning for their future? The sooner you start saving for your child's future, the better the plan is! There is no ideal age, but ideally, most parents should start before their child is born so that they can save up a sizable amount.