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In the previous article, the discussion was about debt funds vs hybrid funds. This article will discuss the growth vs dividend reinvestment plan. A mutual fund is a financial trust that collects funds from investors and invests them into different instruments like stocks, bonds, and other money market instruments.   Fund managers manage mutual funds. They make investment decisions on behalf of the people who have trusted them with their money.   There are different types of mutual funds, such as equity mutual funds, debt mutual funds, and hybrid mutual funds, depending on the investment proportion in debt and equity.   These different types of mutual funds vary in their risk and return potential. Mutual funds are one of the most popular investment options today.  Growth vs Dividend Reinvestment  When it comes to choosing mutual funds, an investor has many options. The choice between a fund with a growth option and a dividend reinvestment option is one of the more perplexing ones.   Each form of the fund has its pros and cons; which is a better fit for you as an investor will entirely depend on your specific needs and circumstances.  If investors are not interested in taking dividends, they can pick between a growth option or a dividend reinvestment option with mutual funds.   With the growth option, the investor allows the fund operator to invest dividend payouts in more securities, increasing their money.   On the other hand, dividend reinvestment allows fund managers to use dividend payments to buy more shares in the fund on the investors' behalf. Source: Pexels 1. The Growth option  The investors don’t earn dividends from stocks held in funds in the growth option. Instead, reinvestments are made from the dividends into these funds - the unitholders benefit from compounding - earning a profit on profit.   Mutual funds' net asset value (NAV) rises while the number of units remains static. As a result, unitholders who choose this option will be able to create higher returns with the same number of units.   The growth option is not a very smart choice for investors who want to obtain a regular cash distribution from their assets. It is, however, a strategy to maximize the funds' NAV and earn a more significant capital gain on the same number of shares purchased, when selling the mutual funds.  An investor does not receive additional shares in this situation, but the value of the fund shares increases.  2. Dividend Reinvestment Option The option of dividend reinvestment is considerably different. Dividends that would normally be distributed to fund investors are used to buy more shares in the fund.   When the dividend payments are made on the fund's equities, the investor does not receive cash. Instead, the funds' administrators utilize the money to automatically purchase more fund units on behalf of the investors and send them to individual investors' accounts.   This strategy gradually increases the number of shares owned, resulting in a faster increase in account value than if the reinvestments of dividends weren’t made.  Many investment firms provide this service for free to their shareholders. When investors sell their units in a mutual fund, they make a profit.  ParticularDividend reinvestment optionGrowth optionInitial investmentRs 50,000Rs 50,000NAVRs 10Rs 10Units received5,0005,000NAV at the end of one yearRs 15Rs 15Declaration of the dividend of Rs2 per unitDividend receivedRs 10,000NILDividend reinvestmentRs 10,000NILNAV post dividend distributionRs 13 (15-2)Rs 15Units of dividend reinvestment769.23 (Rs 10000/13)NILTotal units5769.235000The total value of an investmentRs 74,999.99Rs 75,000There might be not much of a difference in the total value of investments in both cases. However, things will change once taxation comes in. Tax rules for the two options Dividend income from mutual fund schemes is taxable. Starting from April 1, 2020, under the new Income Tax laws, dividend income should be mentioned while filing your ITR. Even if the investor reinvests his dividends, there are no exemptions.   As a result, if an investor is in the 30% tax bracket, he or she must pay 30% tax on all dividends issued in a dividend reinvestment option. A TDS of 10% is also applicable on dividends of more than Rs 5000. The final investment value decreases. On the other hand, the growth option has no tax implications because no dividend is given out. FAQs What is the growth option? The investors don’t earn dividends from stocks held in funds in the growth option. Instead, reinvestments are made from the dividends into these funds - the unit-holders benefit from compounding - earning a profit on profit.   What is the dividend reinvestment option? The option of dividend reinvestment is considerably different. Dividends that would normally be distributed to fund investors are used to buy more shares in the fund.   What are the tax implications for reinvestment? Dividend income from mutual fund schemes is taxable. Starting from April 1, 2020, under the new Income Tax laws, dividend income should be mentioned while filing your ITR. Even if the investor reinvests his dividends, there are no exemptions.  On the other hand, the growth option has no tax implications because no dividend is given out. Consult an expert advisor to get the right plan for you  TALK TO AN EXPERT

In the previous article, we discussed bitcoin ETFs. In this article, we will discuss what are energy ETFs in India. Energy ETFs? An exchange-traded fund (ETF) that offers traders access to the energy industry is known as an energy ETF.  Like other exchange-traded funds, Energy ETFs invest in oil, gas, and alternative energy firms to track a broad sector index, sub-sector, commodity, or another asset.  The energy sector is a large portion of the global economy that affects almost every business. Practically every investor with a well-balanced portfolio has some exposure to energy firms.   The fact that energy comprises a significant representation in broad market averages such as the S&P 500 demonstrates its importance. Energy ETFs, as previously said, are security baskets that allow people to invest in the energy industry without having to pick specific firms.   Crude, gas, and alternative energy ETFs invest in firms participating in the discovery, production, distribution, haulage, and heavy industry of energy and related products, as well as those that are engaged in the discovery, manufacturing, distribution, logistics, and production of energy and associated products.   The MSCI World Energy index, for example, monitors all companies in the energy sector that are part of the MSCI World index. As a result, a global energy ETF allows you to invest in the world's largest energy corporations.  Energy ETF shares, like stocks, can be acquired on a stock exchange. Unlike mutual funds, there is no loading on ETFs, and the fees are often lower. Energy ETFs with a specialized focus encompass various industries, locations, and risk profiles. Both conservative and adventurous investors have options.   The energy sector involves a highly complex and sophisticated network of enterprises producing and transmitting the energy required to power daily life and business.  Global energy supply and demand is a massive element in sector performance, yet demand isn't static. When oil and gas prices are high, producers usually outperform, whereas they earn less when their value falls.   On the other hand, oil refiners can benefit from lower crude prices by lowering the cost of feedstock used to make petroleum products like gasoline.  However, one important thing to note here is that renewable energy producers and providers may not be factored into the energy sector; thus, clean energy ETFs can be used to invest in such businesses. Source: Pexels What are some benefits of investing in energy ETFs in India?  Energy ETFs offer access to various firms to invest in without requiring you to pick them individually. It is a bundle of energy assets helping you to avoid market risk, commodity price risk, and geopolitical risk, which are all risks connected with investing in the energy sector.  One can also select specialized ETFs based on investment objectives and specific requirements. For example, if users wish to invest in new kinds of energy, ETFs allow them to choose between clean energy ETFs and classic energy businesses that deal with petroleum, gasoline, and lignite.  Energy ETFs have $80.18 billion in assets under management, with 55 ETFs trading on US exchanges. The cost-to-income ratio is 0.68 percent on average.  With $35.91 billion in assets, the Energy Select Sector SPDR Fund XLE is the largest Energy ETF. The best-performing Energy ETF in the previous year was NRGU, which returned 156.99 percent.   On January 20, 22, the Direxion Daily Oil Services Bull 2X Shares ONG, the most recent ETF in the Energy industry, was launched.  Let's now look at some top and bottom performers Top ETF Performers according to etf.com  Bottom ETF Performers according to etf.com  ETFs provide diversification, but there are hazards that you need to take into account. Any specialized sector-based ETF, such as one that follows energy companies, might increase portfolio volatility, so doing due diligence before making any investment decisions is imperative.   Investors should read the prospectus, especially when dealing with volatile commodities like energy. It will provide a decent understanding of associated costs and the securities to which the ETF exposes you. FAQs What are Energy ETFs? An exchange-traded fund (ETF) that offers traders access to the energy industry is known as an energy ETF. Like other exchange-traded funds, Energy ETFs invest in oil, gas, and alternative energy firms to track a broad sector index, sub-sector, commodity, or another asset. What are some benefits of investing in energy ETFs in India? Energy ETFs offer access to various firms to invest in without requiring you to pick them individually. It is a bundle of energy assets helping you to avoid market risk, commodity price risk, and geopolitical risk, which are all risks connected with investing in the energy sector.  Is energy ETF a good buy? Energy ETFs invest in oil, gas, and alternative energy firms to track a broad sector index, sub-sector, commodity, or another asset. The energy sector is a large portion of the global economy that affects almost every business. Practically every investor with a well-balanced portfolio has some exposure to energy firms. Consult an expert advisor to get the right plan for you TALK TO AN EXPERT

In the previous article, we discussed Marijuana ETFs. In this article, we will discuss ESG ETF. An ESG investment is a socially responsible investment that considers a company's impact on the environment, its shareholders, and the planet in addition to financial rewards.   Investors have recently become interested in the financial efficiency of ESG stocks. Many companies with good ESG track records demonstrated lower fluctuation than their non-ESG rivals during the market upheaval caused by the COVID-19 epidemic.   ESG investment was justified for many investors because good corporate behavior leads to more significant financial results.  ESG ETFs?  ESG stands for Environmental, Social, and Governance - the three criteria to adjudge the company's sustainable performance.   E- Environmental addresses the effect of the company's business on the planet through Climate change policies  Greenhouse gas emissions   Carbon footprint   Water use and conservation and waste disposal   Renewable energy sources   Recycling and disposal methods   Green products, technologies, infrastructure, and so on.  S-Social addresses the company's responsibility toward society, its employees, and its customers. Employee dealing and remuneration  Employee Skills and Development  Employee Security and sexual harassment deterrence  Social inclusion  Ethical supply chain sourcing  Mission or higher purpose  Consumer service   Whistleblower protection programmers  Public stance on social justice matters  G - Governance relates to the governance position and standards in the firm.  Executive remuneration and benefits and their link with long-term corporate value  Ethical governance policies.  Social diversity in top-level management.  Presence of conflict of interest in the board.  Shareholders' Influence on the Board  Tenure of board members  Mutually exclusive responsibilities of chairman and CEO  Communication with shareholders is transparent.  Addressing shareholder grievances.  ESG’s performance evaluation can be done with the help of corporate reporting and third-party sources like MSCI ESG Ratings and Sustain Analytics ESG Ratings. Source: Pexels Why choose ESG ETF?  Environmental, social, and governance challenges are essential threats to operations and profits in every industry. Hence firms segregated on such grounds are bound to perform well in the foreseeable future.   Companies trying to address ESG issues will perform well and have fewer disruptions in business routines. They face less scrutiny from regulators and produce reliable financial returns resulting in a lower risk for investors.  ESG-compliant companies also produce superior financial returns. Take, for instance, JUST Capital's JUST U.S. Big Cap Diversified Index (JULCD), which analyses the performance of large, publicly traded firms with substantial environmental, social, and governance (ESG) scores.   It comprises half of the Russell 1000 index's large-cap public firms. Still, it excludes those without a demonstrable dedication to employee well-being, valuable goods, positive environmental performance, and strong communities. For three years, JUST Capital's JULCD index has outperformed the Russell 1000.  Thus, ESG-compliant investing helps keep portfolio risks at bay and generate competitive returns.  What are some risks of ESG ETF investing?  There are no universally accepted ESG standards, thus leaving a scope of discretion to the ESG scoring agencies. For instance, some ESG funds also hold companies manufacturing tobacco!  As ESG is a comparatively newer concept, no long-run data proving its efficacy is available.  Companies may no longer report sustainability data of their own volition. Any reduction in the availability of high-quality (investable) ESG enterprises results from a general dereliction of ESG qualities.  ESG ETFs have a total asset under management of $159.76 billion, with 50 ETFs trading on U.S. exchanges. The expense ratio is 0.36 percent on average.  With $48.64 billion in assets, the Vanguard Information Technology ETF is the largest ESG ETF. FLCA was the best-performing ESG ETF in the previous year, with a gain of 22.43 percent.   On 11/08/21, the iShares ESG Advanced Investment Grade Corporate Bond ETF ELQD became the most current ETF in the ESG area.  Let us look at some top gainers and losers Top ETF performers according to etf.com  Bottom ETF performers according to etf.com There is no paucity of money or interest going into ESG investment. ESG investments will stay valid and expand further, thanks to drivers of change like E.V.s and the effect of the coronavirus.   That implies it's time for investors to start paying notice. A fantastic strategy to assure portfolio success is to align your money with your values. FAQs What is an ESG investment? An ESG investment is a socially responsible investment that considers a company's impact on the environment, its shareholders, and the planet in addition to financial rewards.   What are some risks of ESG ETF investing? There are no universally accepted ESG standards, thus leaving a scope of discretion to the ESG scoring agencies. For instance, some ESG funds also hold companies manufacturing tobacco!  As ESG is a comparatively newer concept, no long-run data proving its efficacy is available.  Companies may no longer report sustainability data of their own volition. Any reduction in the availability of high-quality (investable) ESG enterprises results from a general dereliction of ESG qualities.  Consult our expert advisor to get the right plan for you TALK TO AN EXPERT

Studying abroad can be a life-changing experience, offering students the opportunity to immerse themselves in a new culture, learn new languages, and gain valuable skills that can help advance their careers. However, being away from home can also be challenging, especially when it comes to building a support network. This is where an abroad education loan for a support network can come in handy.   By providing financial assistance, an education loan abroad can help students establish a solid support system and ensure that they have everything they need to succeed academically and personally. In this article, we'll share some advice on how to build a strong support network while studying abroad, with a focus on the requirements to study abroad, education loans for abroad eligibility, and student loans in India to study abroad.  Research and Planning  Before embarking on a study abroad journey, it's important to do thorough research and planning to ensure that you have everything you need to build a strong support network. This includes understanding the requirements to study abroad, such as visa applications, language proficiency tests, and academic requirements. Additionally, it's important to research the culture and customs of your host country, as this can help you better understand the people and build more meaningful relationships.  Once you have a clear understanding of the requirements and culture, it's time to start planning how you will build your support network. This may involve reaching out to family and friends who have connections in your host country, joining online groups or forums, or attending events and activities organized by your school or local community.  Establishing connections  Once you arrive in your host country, it's important to start establishing connections right away. This may involve attending orientation events or joining student clubs and organizations. These groups can provide a great opportunity to meet like-minded individuals who share your interests and goals.  In addition to school-related groups, you may also want to consider joining local community organizations, such as volunteer groups or sports teams. These can provide a great opportunity to meet people outside of your school and gain a deeper understanding of the local culture.  https://www.youtube.com/watch?v=Dhe2ezcmKJw Staying connected  Creating a network of supporters is just the beginning. It's also important to stay connected with the people you meet, even after you leave your host country. This can involve staying in touch through social media, email, or video calls. Additionally, you may want to consider visiting your host country again in the future, as this can help you maintain relationships and continue to build your support network.  How an abroad education loan can help?  While building a support network is important for all students studying abroad, it can be particularly challenging for those who are facing financial constraints. This is where an abroad education loan can be a valuable tool. By providing financial assistance, an education loan abroad can help students cover the costs of tuition, accommodation, and other expenses, allowing them to focus on building their support network and achieving their academic goals.  However, it's important to note that not all education loans are created equal. Before applying for an education loan abroad, it's important to understand the eligibility requirements and terms and conditions. For example, some lenders may require a co-signer or collateral, while others may have strict repayment terms.  In India, there are several options for student loans to study abroad, including those offered by the government and private lenders. Students can apply for these loans through their schools or directly with the lender. It's important to compare different options and choose the loan that best fits your needs and budget.  Tips for building a strong support network while studying abroad  Here are some tips that can help you build a strong support network while studying abroad:  Be open-minded: Be receptive to many cultures, experiences, and individuals. This can help you establish meaningful connections and gain a deeper understanding of your host country.  Attend orientation events: Orientation events provide a great opportunity to meet other students and learn more about your school and host country.  Join student clubs and organizations: Joining student clubs and organizations can help you meet like-minded individuals who share your interests and goals.  Volunteer: Volunteering is a fantastic opportunity to make new friends and give back to the community.  Attend local events and activities: Attend local events and activities organized by your school or community, such as festivals, concerts, and sports events.  Use social media: Social media can be a great way to stay in touch with the people you meet while studying abroad.  Reach out to family and friends: If you have family or friends who have connections in your host country, reach out to them for support and advice.  Be patient: Building a support network takes time, so be patient and persistent in your efforts to establish connections.  Tips for preparing college applications Read More Benefits of building a strong support network while studying abroad  Building a strong support network while studying abroad has many benefits, including:  Emotional support: A strong support network can provide emotional support and help you cope with the challenges of living in a new country.  Professional networking: Building a support network can help you make professional connections and gain valuable insights into your chosen field.  Cultural immersion: By building a support network, you can gain a deeper understanding of the local culture and customs.  Improved language skills: Interacting with native speakers can help you improve your language skills and gain confidence in speaking a foreign language.  Lifelong friendships: Building a support network can help you establish lifelong friendships and connections that can benefit you both personally and professionally.  In conclusion, building a strong support network is essential for students studying abroad. It can provide emotional support, professional networking opportunities, and a deeper understanding of the local culture. An abroad education loan can be a valuable tool to help students cover the costs of studying abroad and focus on building their support network. By following these tips and strategies, students can make the most of their study abroad experience and achieve their academic and personal goals. 

As the world becomes more interconnected, the opportunities for volunteering and service-learning abroad are growing. However, financing these experiences can be a challenge for many individuals. Is there a way to use an education loan for volunteering abroad? Let's find out! Benefits of using an education loan for volunteering abroad  Volunteering abroad can be an incredibly rewarding experience, providing individuals with the opportunity to make a positive impact on communities and cultures around the world. However, the costs associated with these experiences can be significant, including travel expenses, housing, and program fees. For many individuals, utilizing an education loan for abroad studies or volunteering abroad can be a viable option for financing these experiences.  One of the main benefits of using an education loan for volunteering abroad is that it can provide access to resources and support that might not otherwise be available. Many education loan providers offer comprehensive packages that include not only funding for tuition and related expenses, but also support services like language training, cultural orientation, and even travel insurance. This can be particularly helpful for individuals who are traveling to unfamiliar or challenging environments, as it can help to mitigate some of the risks associated with international travel and volunteering.  Another advantage of using an education loan for volunteering abroad is that it can provide greater flexibility and control over the timing and scope of one's volunteering experience. Rather than being limited to programs that offer full scholarships or rely on fundraising, individuals who use an education loan for volunteering abroad can often choose from a wider range of programs and opportunities. This can enable individuals to tailor their volunteer work to their specific interests and goals, rather than being constrained by financial limitations.  Legal and Regulatory Rules for Education Loans Abroad Read More Considerations for using an education loan for volunteering abroad  While using an education loan for volunteering abroad can offer many benefits, there are also some important considerations to keep in mind. One of the key considerations is the potential for debt and financial burden. Like any type of loan, education loans for volunteering abroad come with interest rates and repayment terms that must be carefully considered before making a commitment. Individuals should be sure to carefully review the terms of any loan they are considering and be realistic about their ability to repay the loan in a timely manner.  Another consideration is the potential impact that taking on debt for volunteering abroad can have on one's long-term financial goals. For individuals who are just starting out in their careers or who have other financial obligations, taking on significant debt for volunteering abroad could have implications for their ability to save for retirement, purchase a home, or otherwise achieve other important financial milestones. It's important to weigh the potential benefits of volunteering abroad against these other long-term goals and to make a decision that is financially responsible and sustainable.  Finding the right education loan for volunteering abroad  If you decide that using an education loan for volunteering abroad is the right choice for you, it's important to do your research and find the right loan provider. There are many different lenders and loan programs available, each with its own eligibility requirements, interest rates, and repayment terms. Some factors to consider when evaluating different loan options include the amount of funding available, the flexibility of repayment terms, and any additional support services or resources that are offered.  It's also a good idea to research the reputation and track record of any loan provider you are considering. Look for reviews and endorsements from other customers who utilized the loan provider to pay for their international volunteer adventures. You might also explore asking other volunteers or organizations in your field for advice. With the right research and preparation, an education loan for volunteering abroad can be a powerful tool for realizing your goals and making a positive impact on the world.  Conclusion  Utilizing an education loan for volunteering abroad or abroad studies can offer many benefits, including access to resources and greater flexibility in program selection. However, individuals must also carefully consider the potential debt and financial impact, as well as find the right loan provider that fits their needs. Ultimately, volunteering abroad can be a transformative experience that not only benefits the communities being served but also the volunteers themselves, expanding their horizons and opening doors to new opportunities. With proper research and planning, utilizing an education loan can help make this experience a reality for more individuals. 

The legal and regulatory rules surrounding abroad education loans have become increasingly important as more students pursue higher education overseas. Obtaining an education loan for abroad studies can be a complex process that requires meeting certain eligibility criteria and following a specific application process.   In recent years, there have been several developments in the education loan landscape, including changes in interest rates and loan repayment terms. It is important for students and their families to be aware of these developments and understand the loan process to make informed decisions about financing their education. Key legal and regulatory aspects of education loans for studies abroad 1. Education Loan Eligibility  Eligibility requirements for education loans vary depending on the lender and the country where the student is studying. In general, students must be enrolled in an accredited institution of higher education and demonstrate their ability to repay the loan. This often requires a co-signer, such as a parent or guardian, who is willing to take on financial responsibility if the borrower is unable to repay the loan.  https://www.youtube.com/watch?v=HEgDlLoxsjo 2. Loan for Students  Education loans for abroad studies can be either secured or unsecured. Unlike unsecured loans, secured loans call for collateral like a house or other assets. Secured loans may have lower interest rates, but they also carry the risk of losing the collateral if the borrower is unable to make the loan payments.  https://www.youtube.com/watch?v=rTHsIe85tMY 3. Education Loan Process  It might be difficult and time-consuming to get an education loan for studying abroad. Students must research and compare loan options from different lenders, submit an application with supporting documentation, and wait for approval. The loan approval process may take several weeks or even months, so it is important for students to plan and apply early.  https://www.youtube.com/watch?v=uPGJr3BiXpI 4. Legal and Regulatory Rules of Abroad Education Loans  The legal and regulatory landscape surrounding abroad education loans is constantly evolving, with new rules and regulations being introduced on a regular basis. In the United States, for example, the Higher Education Act governs federal student loans, while private lenders are subject to state and federal consumer protection laws. Recent changes to the Higher Education Act have included reforms to simplify the loan repayment process and provide more flexible repayment options for borrowers.  Another key aspect of the legal and regulatory rules of abroad education loans is the interest rate charged by lenders. Interest rates can vary widely depending on the lender, the borrower's credit history, and the type of loan. In some cases, lenders may offer lower interest rates to borrowers who demonstrate a strong academic record or have a co-signer with good credit.  https://www.youtube.com/shorts/rTHsIe85tMY 5. Repayment Options and Consequences  Repayment options for education loans for abroad studies can vary depending on the lender and the type of loan. Some lenders offer flexible repayment plans that allow borrowers to make smaller monthly payments or defer payments for a period. However, borrowers who choose to defer payments may accrue additional interest and ultimately end up paying more over the life of the loan.  Additionally, borrowers who are unable to make their loan payments on time may face serious consequences, such as damage to their credit score and even legal action from the lender. It is important for students to carefully consider their ability to repay the loan before taking on the financial obligation.  How to choose the best education loans? Read More 6. Recent Developments in Abroad Education Loans  In recent years, there have been several developments in the abroad education loan landscape. One major trend has been the rise of online lenders, which offer a streamlined application process and often faster loan approval times. However, online lenders may also charge higher interest rates than traditional lenders, so it is important to carefully compare loan options and terms.  Another development has been the increased focus on financial literacy and education for students and their families. Many lenders and educational institutions now offer resources and support to help students make informed decisions about borrowing and managing their finances.  Conclusion  Education loans for studying abroad can provide students with the financial support they need to pursue their academic goals and gain valuable international experience. However, it is important for students to carefully consider their eligibility, loan options, and repayment terms before taking on a financial obligation. By understanding the legal and regulatory landscape surrounding abroad education loans and staying informed of recent developments and trends, students can make informed decisions about their education financing and set themselves up for long-term success. 

You've probably asked yourself this question repeatedly- 'why investing is important?'. While there are many reasons, the most significant is financial stability. Investing refers to channeling your money into different financial instruments to achieve profits and grow your capital. You can earn money in two ways - work for someone else or work on your venture. You sharpen your mind and different skills that help you earn money.   Another way to make money is by making your money work to get wealthier. Investing serves this purpose. This article will figure out a few reasons why investing is essential. What are the different ways to invest?  There are many ways to invest, for example, stocks, bonds, mutual funds, options, futures, precious metals like gold and silver, real estate, and other small businesses, or possibly a combination of all of the above.   Income can come in the form of appreciated value to the investment, dividend income or from, the sale of a business, or liquidity of any other of the above instruments. Beginners Guide to Education Inflation Read More Why investing is important?   Investing is essential for many reasons. For example, to create wealth that might help you in tough times or help you achieve goals.   And you also want to take advantage of the power of compounding, not forgetting inflation, so that your money is worth it over time.   If you plan to retire at some point in time, you must invest in getting a corpus for yourself to live your retired life in a hassle-free manner.  Wealth creation could mean having a certain amount of money in your bank account or having a particular value of assets under your name.  Let's see how investment helps in wealth generation. Why should you invest? Investment is a way to grow your money. The creation of wealth isn’t merely a goal; it will help you through your lifetime; In fact, it can help your future generations shape their future.   Investing will allow you to take advantage of the compounding power of money. For every rupee that you invest and earn, your investment base will grow, and thus grow; your capital will grow.  For example, we can take the 15 * 15 * 15 rule that we have read in another article; it is a powerful way to invest and achieve your financial and life goals.   Money sitting in your bank account loses its value over time because of rising prices in the economy. If prices are rising, your money will be bought less today than yesterday.   If there is inflation over 30-40 years, the value of your money is going to be reduced by a significant amount. Investing can help you beat inflation by earning more than what is lost by inflation - so that your money remains worth at least the same over time.   Retirement is also a valid reason for you to start investing. You need to have a large corpus to live off the last 20-30 years of your life.  Saving and investing for retirement requires careful planning and calculation of the amount you will need, and then proceed with an investing strategy.   Your child's future: In one of the previous articles, we talked about how important it is to save and invest for a secure future for your child.   Investing in your child's education and marriage requires investing in a well-phased manner with appropriate withdrawal options in times of need. Benefits of Investing   1. Returns on your investments  The greatest benefit of investing is the returns you gain in the long haul. Investing right, consistently, and early on can help any investor make good returns. While saving your money in a bank account is tempting and safe, it is not always the best option for your money. Make the most of your savings by learning the importance of investment.   From investing in Indian stocks, US stocks, index funds, and mutual funds to ETFs, the choices are endless. After determining your goals, preferences, and risk appetite, you can either invest on your own or approach a financial advisor to make the best possible decisions.    2. A chance to meet your financial goals   The importance of investment lies in what it can help you achieve! From building a house to financing your child’s education, you achieve them all with the right kind of investments. Once you have your financial goals in mind, a time horizon, and understand your risk appetite, you can start making investments.   You can start investing with as little as Rs. 100 and step up your investments as your income goes. There are many ways to invest such as SIP and lumpsum, you can either invest consistently every month or in one go.    3. A way to plan your retirement   Investing is also a means of creating a retirement fund for yourself sooner rather than later. By investing in mutual funds, you can create a retirement plan in the time horizon you want and make use of compounding that can double the returns. Another benefit is that investment helps you beat inflation.   4. Investing saves taxes Investing can help you save money on taxes as well. If you make an investment of Rs 1.5 lakh under Sec 80C to reduce your taxable income. You can invest in PPF, ELSS (Tax Saver Funds), Sukanya Samriddhi Yojana (SSY), Fixed Deposits, and National Pension System (NPS).    5. Investing helps with big purchases  The greatest benefit of investing your money is that it can help you make big purchases. Whether it’s your child’s education, a retirement fund for yourself, buying a house, a luxury car, or taking a world tour. Good investments can help you make all these big purchases easily without taking a loan or digging into your current savings.   For example, you have 15 years till your child is off to college. You decide to save a small sum of money every month for the next 15 years and increase the investment every few months to achieve your set goal. By the end of these fifteen years, you will have built a sufficient education fund that your child can use and make their college dream a success without worrying about debts or loans. This is the power of investing and a good investment requires great market research, diversification, and attention to detail!   6. Beats Inflation   Inflation is the greatest villain in your financial journey. It gradually erodes the value of your money, increases the cost of all essential goods and services, and devalues your savings. Certain investments like gold, mutual funds, index funds, ETFs, and stocks have the potential to beat inflation. They have the potential to give you an interest above the estimated inflation rates in the years to come. This is not feasible if your money is in a savings account or stored away in an FD.   In fact, inflation affects certain areas of life more than others. Education, healthcare, and the oil industry are impacted most by inflation. The cost of education is rapidly increasing as a result of it – universities like Allahabad University have increased their tuition fees by 300% this year. This is just one example – pursuing medicine in India is a rich man’s dream now. It can cost you nearly 1 Cr to complete a medical degree from a private college today.    7. It acts as an emergency fund   Investments are also your emergency funds. A medical crisis, an emergency, or a job loss – investments can help you with a host of financial problems and ensure you are able to take care of your responsibilities with ease. Good investments are hard to manage on your own, you can always reach out to a financial advisor that can help you invest in funds that you can liquidate and use whenever the need arises. Remember investing and saving must go hand in hand if you want to meet your financial goals timely and successfully!   FAQs What are the different ways to invest? There are many ways to invest, for example, stocks, bonds, mutual funds, options, futures, precious metals like gold and silver, real estate, and other small businesses, or possibly a combination of all of the above. What are the benefits of investing? Benefits of Investing: Returns on your investments A chance to meet your financial goals A way to plan your retirement Investing saves taxes Investing helps with big purchases Beats Inflation It acts as an emergency fund What is the value of time in investing? Time is extremely valuable while investing. It helps you grow your wealth without the fear of sudden losses. It allows you to invest in assets that have long-term benefits. TALK TO AN EXPERT

Financing your studies abroad can be a daunting task, but there are many resources and organizations available to provide support and assistance. If you're looking for financial aid, there are a variety of funding sources and financial aid resources that you can turn to.   Your school's study abroad office or financial aid office can be a great place to start, as they may have information about scholarships, grants, and other funding opportunities specifically for students studying abroad.   Additionally, there are many external organizations and programs that offer financial support for international studies, such as government agencies, private foundations, and nonprofit organizations. By utilizing these resources and exploring your options, you can find the financial support you need to make your study abroad dreams a reality.  https://www.youtube.com/watch?v=Dhe2ezcmKJw Exploring financing options for your study abroad experience  Studying abroad is an exciting opportunity that can broaden your horizons, expose you to new cultures, and enhance your education. However, financing your study abroad experience can be a challenge for many students. Fortunately, there are a variety of resources and organizations available to provide support and assistance in financing your studies abroad.  Financial aid offices and study-abroad offices  One of the first places to look for financial assistance is your school's financial aid office and study abroad office. These offices may have information about scholarships, grants, and other funding opportunities specifically for students studying abroad. They can also provide guidance on financial aid applications, budgeting, and financial planning for your study abroad experience.  It is important to note that financial aid for study abroad programs is often limited and highly competitive. Therefore, it is recommended that you start researching and applying for financial aid early on in the process.  https://www.youtube.com/watch?v=Um1-4lhX8UE External Organizations and programs  In addition to your school's financial aid office and study abroad office, there are many external organizations and programs that offer financial support for international study. These organizations may offer scholarships, grants, or other types of financial assistance to help cover the costs of tuition, travel, and other study-abroad expenses.  One example of such an organization is the Gilman Scholarship Program, which offers awards of up to $5,000 to undergraduate students who are receiving federal Pell Grant funding and participating in study abroad programs. Another example is the Fulbright Program, which offers grants for graduate students, faculty, and professionals to study, teach, or conduct research abroad.  Government Agencies and Foundations  Government agencies and private foundations can also be valuable sources of funding for international study. For example, the United States Department of State's Bureau of Educational and Cultural Affairs offers a variety of study abroad programs and scholarships, including the Critical Language Scholarship and the Benjamin A. Gilman International Scholarship.  Private foundations such as the Fund for Education Abroad and the National Italian American Foundation also offer scholarships and grants for students studying abroad. It is important to research and apply for these opportunities well in advance, as the application processes can be lengthy and competitive.  Personal Financing and Budgeting  In addition to seeking financial aid from external sources, it is important to develop a personal budget and plan for financing your study abroad experience. This may involve saving money from part-time jobs, cutting back on unnecessary expenses, or seeking out alternative forms of financing such as student loans or crowdfunding.  It is also important to research the cost of living in your study abroad destination and factor in expenses such as housing, meals, transportation, and travel. By developing a clear budget and financial plan, you can better manage your finances and avoid unexpected expenses during your study abroad experience.  Additional resources for financing studies abroad  In addition to the resources mentioned above, there are several other options available to finance your study abroad experience. Some students may consider working part-time jobs or freelancing while studying abroad to earn additional income. Others may consider crowdfunding or fundraising efforts to help cover their study abroad expenses.  There are also study abroad programs that offer financial assistance or discounts to students who meet certain eligibility criteria. For example, some programs may offer discounts to students who study abroad during off-peak seasons or who enroll in multiple study abroad programs.  It is important to research these options and determine which ones are best suited for your individual needs and circumstances. Keep in mind that financing your study abroad experience will require careful planning, budgeting, and research.  Managing your finances while studying abroad  Once you have secured funding for your study abroad experience, it is important to manage your finances carefully while abroad. This may involve setting up a local bank account, tracking your expenses, and being mindful of your spending habits.  Many students find that their study abroad experience is more expensive than they initially anticipated, and unexpected expenses can quickly add up. To avoid financial stress, it is important to stay organized and keep track of your expenses, and be proactive in seeking out financial assistance or support if needed.  Conclusion  Studying abroad can be a life-changing experience that opens new opportunities and perspectives. However, financing your study abroad experience can be a major obstacle for many students. By utilizing the resources and organizations available, researching external funding opportunities, and developing a personal budget and financial plan, you can make your study abroad dreams a reality. With careful planning and financial management, you can gain valuable international experience and enhance your education and career prospects. 

In the earlier article, we discussed the Step-up SIP calculator. In this article, we will talk about the SIP calculator. SIP stands for Systematic Investment Plan. It is a method of investing that requires consistency in investments, even if the amount is small. It focuses on time and needs the compounding cycle not to break.   The amount invested in an SIP format allows the investor can take advantage of rupee cost averaging over the long term and thus, get better returns on average.   Periodic investment also reduces volatility, and you can accumulate a sizeable corpus. SIPs usually allow you to invest weekly, quarterly, or monthly. What is a SIP calculator?  A SIP calculator is a tool that will help you to get a basic idea about the returns that you can generate through your investments.   It provides you with a rough estimate and a road ahead to achieve your financial goals based on a projected annual rate of return. With the help of a few numerical inputs, a SIP calculator makes your work easier by solving complex financial problems in no time. The calculator will calculate the increase in wealth and the expected return for your SIP investment.  How does a SIP calculator work?  The SIP calculator calculates the potential return with the help of the compound interest formula.   The working formula is as follows: M = P x ({[1 + i] n - 1} / i) x (1 + i) To calculate your SIP returns, you need to input the following values:  Monthly investment amount (that you wish to invest consistently)  Expected rate of return The investment periods The formula mentioned above has the following components  M = Total Amount you will receive on maturity.   P = Amount of money that you will invest periodically (at consistent time intervals)   n = Number of payments you make as an investment   i = Periodic expected rate of interest on your investment  Let us see the working of the above formula through an example  For example, you want to invest Rs 10,000 monthly for seven years with an expected rate of return equaling 12% per annum (so, the monthly return will be 12%/12 = 0.01).  Plugging these values in the formula, we get M =10,000({[1+0.01]  {84}-1}/0.01) x (1+0.01) = Rs. 13.19 lakhs.   The best thing about this calculator is changing the variables' values according to your investment goals and requirements. Source: EduFund How will a SIP calculator help you?   Trying to estimate what you wish to receive at the end of your investment tenure is an essential task. It depends upon how much return you expect on your investment and how much are you willing to invest.  The SIP calculator helps you to  Get instant results about your investment scenario with a single click   It tells you the estimated potential returns   Allows you to compare various SIP options by varying the inputs in the formula  Assists you in making well-informed and calculative decisions regarding your investments   Free-of-cost calculation   You can use a SIP calculator in multiple ways. It can be used backward to obtain the periodic investment amount, given your final wealth requirement, investment period, and expected return rate. Thus, a SIP calculator is a helpful tool for taking your investment journey a step ahead. FAQs What is a SIP calculator? A SIP calculator is a tool that will help you to get a basic idea about the returns that you can generate through your investments.   It provides you with a rough estimate and a road ahead to achieve your financial goals based on a projected annual rate of return. How will a SIP calculator help you? Trying to estimate what you wish to receive at the end of your investment tenure is an essential task. It depends upon how much return you expect on your investment and how much are you willing to invest. What are the benefits of a SIP calculator? Get instant results about your investment scenario with a single click   It tells you the estimated potential returns   Allows you to compare various SIP options by varying the inputs in the formula  Assists you in making well-informed and calculative decisions regarding your investments   Free-of-cost calculation Are SIP calculators correct? A SIP calculator is a tool that will help you to get a basic idea about the returns that you can generate through your investments.    It provides you with a rough estimate and a road ahead to achieve your financial goals based on a projected annual rate of return.   Can I withdraw SIP anytime? You can withdraw your SIP amount anytime you feel like funding the financial needs for which you were investing in the first place. Is SIP 100% safe? SIP is one of the best investment tools to invest in the long term. SIP is the best tool for beginners to invest. Like any other investment, SIP also carries some amount of risk. How do you calculate SIP with an example? The SIP calculator calculates the potential return with the help of the compound interest formula.    The working formula is as follows: M = P x ({[1 + i] n – 1} / i) x (1 + i)   To calculate your SIP returns, you need to input the following values:    Monthly investment amount (that you wish to invest consistently)    Expected rate of return   The investment periods   The formula mentioned above has the following components    M = Total Amount you will receive on maturity.    P = Amount of money that you will invest periodically (at consistent time intervals)    n = Number of payments you make as an investment    i = Periodic expected rate of interest on your investment    Let’s see how the formula works via an example    For example, you want to invest Rs 10,000 monthly for seven years with an expected rate of return equaling 12% per annum (so, the monthly return will be 12%/12 = 0.01).    Plugging these values in the formula, we get M =10,000({[1+0.01]    {84}-1}/0.01) x (1+0.01) = Rs. 13.19 lakhs. TALK TO AN EXPERT

Parag Parikh Financial Advisory Services is a unique fund house that draws its inspiration from the Hammurabi Code. King Hammurabi (18th Century BC) is recognized as the world's first coder of social laws. Hammurabi's law stated that if a house collapses, causing the occupant's death, it is the builder's liability, and he must be executed. To demonstrate this conviction in their asset management methodology, the management motivated company insiders to buy units in the Parag Parikh Flexi Cap Fund. Presently, company insiders hold 4.653 crore units, and the total amount they have invested is INR 156.41 crores. The management believes that when their own stake is involved in the fund, they will take informed decisions and never indulge in reckless behavior. The promoter of PPFAS Asset Management Company (PPFAS AMC) is Parag Parikh Financial Advisory Services Pvt. Ltd. (PPFAS Ltd.). PPFAS Ltd. is a 1992-incorporated boutique investment advisory firm. It is also one of the oldest SEBI Registered Portfolio Management Service (PMS) providers in India. The PPFAS mutual fund's investment methodology is much different from other mutual fund houses operating in India. While most other companies run after algorithms, momentum, and technical analysis, PPFAS mutual fund relies on conventional metrics like cash flow, debt, price earnings, etc., to pick stocks with tremendous growth potential. Another unique thing about PPFAS mutual fund is that it stops accepting lump sum deposits from the public when equity valuations are extremely high. Generally, when the market is at its peak, retail investors get carried away and pour in money. While eventually, the market consolidates, investors grapple with monumental losses. PPFAS mutual fund's innovative fund management style intends to reduce losses and generate profits consistently. PPFAS AMC is headed by Mr. Neil Parag Parikh, who is the Chairman and Chief Executive Officer of the company. He holds 15,61,216 units in the Parag Parikh Flexi Cap Fund. The Investment Manager of PPFAS Mutual Fund is PPFAS Asset Management Private Limited. The company was registered on 08/08/2011. Parag Parikh Financial Advisory Services Private Limited holds 100% shares in the company. PPFAS mutual fund's Asset Under Management (AUM) grew to INR 2,871.87 Crore in the financial year 2019-20 from INR 1,961.51 Crore in the previous financial year. In the financial year 2018-19, the AMC had 80,289 investors investing in its various mutual fund schemes. The figure increased to 1,84,789 in the financial year 2019-20. PPFAS Asset Management Private Limited's operating income increased to INR 1,832.12 lakhs in the financial year 2019-20 from INR 1,538.31 lakhs in the previous year. The AMC's Profit before Depreciation, Tax, and Exceptional & Extraordinary items grew to INR 638.29 lakhs from INR 618.53 lakhs. And the Reserves & Surplus increased to INR 3,061.16 lakhs from 2,715.15 lakhs. Important information about PPFAS Mutual Fund Mutual Fund NamePPFAS Mutual FundInvestment ManagerPPFAS Asset Management Private LimitedEstablished10th October 2012Date of Incorporation8th August 2011Sponsor Parag Parikh Financial Advisory Services Limited 81/82, 8th Floor, SakharBhavan, Ramnath GoenkaMarg, 230 Nariman Point,Mumbai-400021TrusteePPFAS Trustee Company Private LimitedChairman and Director, PPFAS Asset Management Private LimitedNeil Parag ParikhChief Executive OfficerNeil Parag ParikhDirectorRajeev Thakkar Shashi KatariaIndependent DirectorsKamlesh Somani Rajesh Bhojani Arindam GhoshChief Financial OfficerShashi KatariaCompliance OfficerPriya HarianiInvestor Service OfficerAalok MehtaStatutory AuditorsCVK & Associates, Chartered Accountants 2, Samarth Apartments, D S Babrekar Road,Off Gokhale Road (North), Dadar (West),Mumbai 400 028Tel. No: +91-22-24468717,+ 91-22-24451488Fax. No: +91-22-24466139BankersHDFC Bank Limited 81/82, 8th Floor, Sakhar Bhavan, Ramnath Goenka Marg, 230 Nariman Point - 400021Registered Address, PPFAS Asset Management Pvt.Ltd.81/82, 8th Floor, Sakhar Bhavan, Ramnath Goenka Marg, 230 Nariman Point Mumbai - 400021Phone 22-61406555 / 1800-266-7790Fax022-61406590Emailmf@ppfas.comWebsitehttps://www.amc.ppfas.comRegistrar & Transfer AgentComputer Age Management Services Ltd. Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002 Phone: 1800-3010-6767 / 1800-419-7676 Fax: 044-30407101 Email: enq_h@camsonline.com Website: www.camsonline.com Three top-performing Parag Parikh mutual fund schemes  1. Parag Parikh Flexi Cap Fund (formerly known as Parag Parikh Long Term Equity Fund) The Parag Parikh Flexi Cap Fund, with a NAV of 38.8948 (Regular Growth) (as of 13th April 2021), is the top-performing fund in the 'Equity: Flexi Cap' category. This open-ended fund was launched on 28th May 2013 and has given trailing returns of 70.41% in one year (as of 13th April 2021). The fund considers the NIFTY 500 TRI as its benchmark.  Key information Minimum InvestmentINR 1,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 1,000Minimum WithdrawalINR 1,000Exit Load2% for redemption before 365 days; 1% for withdrawals between 366 and 730 days; Nil for redemption after 731 daysReturn Since Inception (28th May 2013):18.81% (as of 13th April 2021)AssetsINR 8,182 Crore (as of 31st March 2021)Expense Ratio1.86% (as of 28th February 2021) 2. Parag Parikh Liquid Fund The Parag Parikh Liquid Fund, with a NAV of 1,150.8854 (Regular Growth) (as of 14th April 2021), is the top-performing fund in the 'Debt: Liquid' category. This open-ended fund was launched on 11th May 2018 and has given trailing returns of 3.10% in one year (as of 12th April 2021). The fund considers the CRISIL Liquid TRI as its benchmark.  Key information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 1,000Minimum WithdrawalINR 1,000Exit LoadNil for redemption after 6 daysReturn Since Inception (11th May 2018):4.92% (as of 14th April 2021)AssetsINR 1,243 Crore (as of 31st March 2021)Expense Ratio0.26% (as of 28th February 2021) 3. Parag Parikh Tax Saver Fund The Parag Parikh Tax Saver Fund, with a NAV of 14.5112 (Regular Growth) (as of 14th April 2021), is the top-performing fund in the 'Equity: ELSS' category. This open-ended fund was launched on 24th July 2019 and has given trailing returns of 59.68% in one year (as of 12th April 2021). The fund considers the NIFTY 500 TRI as its benchmark.  Key Information Minimum InvestmentINR 500Minimum Additional InvestmentINR 500Minimum SIP InvestmentINR 1,000Minimum WithdrawalINR 500Exit LoadNil (Lock-in period - 3 years)Return Since Inception (24th July 2019):24.12% (as of 13th April 2021)AssetsINR 179 Crore (as of 31st March, 2021)Expense RatioINR 179 Crore (as of 31st March 2021) How can you invest in PPFAS Mutual Fund via EduFund? EduFund is a one-stop app for investing in the top-rated schemes of the PPFAS mutual funds. All transactions on EduFund are secured with international-standard authentication and encryption. Hence, hackers or malware can never infringe upon your financial privacy. Investing in PPFAS mutual fund is a straightforward six-step process Step 1: Open Google Play Store or Apple App Store, type 'EduFund,' and download the app. Step 2: Create an account by entering details such as name, email, and mobile phone number. Step 3: Browse the various PPFAS mutual fund schemes, view the Net Asset Value (NAV), and check the returns, expense ratio, nature (open-ended/ close-ended), date of launch, returns since inception, and other details. Choose the scheme that best suits your financial goals. Step 4: Choose an amount to invest. You can start with a lump sum of INR 5,000 or a SIP (Systematic Investment Plan) of INR 500. EduFund provides you with two options - Growth and Dividend. The dividend option will suit you more if you want to get a regular income. In contrast, the growth option is better if you are investing for getting a lump sum amount after a few years.  Step 5: When you invest in a scheme, the units get credited to your EduFund account within four (4) days. You can check the current value, NAV, balance, and other details in the app. You can also invest more, withdraw money, or switch to another fund. In case you need further help, EduFund's expert advisors are available to help you with the selection process.  Step 6: You are all set to witness the growth of your capital.  Three best-performing fund managers at PPFAS Mutual Fund 1. Mr. Rajeev Thakkar Mr. Rajeev Thakkar, Chief Investment Officer and Equity Fund Manager, at PPFAS mutual fund, joined the company in 2001. His professional journey started in 1994. He has extensive experience in asset management and capital markets. His specialties include investment banking, fixed income, Portfolio Management Services, and broking operations. Before joining PPFAS AMC, he worked as Manager of Fixed Income Securities at DIL Vikas Finance Limited for two years. He also worked with Prime Securities as Manager of Investment Banking for five years. Mr. Thakkar did his schooling at St. Xavier's High School and a Bachelor of Commerce from Narsee Monjee College of Commerce and Economics. He is also a Chartered Accountant (The Institute of Chartered Accountants of India) and CFA Charter (CFA Institute, USA). Mr. Thakkar manages the Parag Parikh Flexi Cap Fund. 2. Mr. Raunak Onkar Mr. Raunak Onkar, Research Head of, PPFAS mutual fund, joined the company in January 2012. Before joining PPFAS AMC, he worked with Parag Parikh Financial Advisory Services Limited as an Analyst and Intern (Research Trainee) between May 2008 and January 2012. He has more than ten years of experience in Equity Research, Portfolio Management, Research, Capital Markets, Valuation, Business Analysis, Investments, Finance, Hedging, Asset Management, and Mutual Funds. His educational qualifications include a Bachelor of Science in Information Technology and a Master in Management Studies Finance (University of Mumbai).  3. Mr. Raj Mehta Mr. Raj Mehta, Fund Manager, of PPFAS mutual fund, joined the company in August 2012 as a Research Trainee. Before joining PPFAS AMC, he worked with K.P. Mehta & Co. as an Article Assistant. His specialties include Equity Research Analysis, Financial Analysis, Financial Modelling, Auditing, Accounting, and taxation. Mr. Mehta did B.Com and M.Com from Narsee Monjee College of Commerce and Economics. He is also a CFA Charterholder and Chartered Accountant. He participates in various TV channels and writes for several financial publications.  Why should you invest in PPFAS mutual fund? PPFAS is a unique mutual fund house that offers only three schemes. They identify value-oriented stocks with solid fundamentals and invest. The best thing about PPFAS mutual fund's flagship scheme Flexi Cap Fund is that it invests in high-quality Indian and international companies that have delivered steady returns irrespective of market conditions. The fund managers at PPFAS AMC have a consistent track record of generating gravity-defying returns. Another exciting thing about PPFAS mutual fund is that it stops accepting lump sum public deposits when they find that the valuations are too stretched. Hence, you should consider investing in a PPFAS mutual fund scheme if you want to make decent profits over the long term. EduFund brings PPFAS mutual fund schemes to your fingertips. You can start investing with as little as INR 5,000 and benefit from the market upswings.  EduFund offers you the following distinct features: Customized Financial Plans - EduFund tracks all mutual fund schemes offered by mutual fund houses in India. It uses over 1 lakh data points and 400 financial situations to display the best mutual fund schemes for you. For every financial goal, you can get a personalized investment plan exclusively for you. Talk to a Financial Counsellor - EduFund's financial counselor employs time-tested methods to help you find the best scheme that suits your financial profile and goals. You can get free counseling about all your fund-related queries. Explore International Instruments - Besides Indian mutual funds, EduFund also provides you access to US Dollar ETFs and International mutual funds. You do not need any special account to invest in international financial instruments. EduFund's app is a one-stop destination for everything related to investments. Get Free Calculators - Your goals are unique. EduFund simplifies the more challenging task of calculation. You may use various free tools like the SIP calculator, College Savings Calculator, etc., to easily figure out the amount you will need to fulfill your goals and select the right mutual fund. EduFund uses bank-like security protocols to ensure 100% safe transactions. FAQs How can I invest in PPFAS mutual fund? Step 1: Open Google Play Store or Apple App Store, type 'EduFund,' and download the app. Step 2: Create an account by entering details such as name, email, and mobile phone number. Step 3: Browse the various PPFAS mutual fund schemes, view the Net Asset Value (NAV), and check the returns, expense ratio, nature (open-ended/ close-ended), date of launch, returns since inception, and other details. Choose the scheme that best suits your financial goals. Step 4: Choose an amount to invest. You can start with a lump sum of INR 5,000 or a SIP (Systematic Investment Plan) of INR 500. EduFund provides you with two options - Growth and Dividend. Why should you invest in PPFAS mutual fund? The fund managers at PPFAS AMC have a consistent track record of generating gravity-defying returns. Another exciting thing about PPFAS mutual fund is that it stops accepting lump sum public deposits when they find that the valuations are too stretched. What are some popular funds by PPFAS mutual fund? Parag Parikh Liquid FundParag Parikh Flexi Cap FundParag Parikh Tax Saver Fund Consult an expert advisor to get the right plan TALK TO AN EXPERT

Canara Robeco Mutual Fund or Canara Robeco Asset Management Company is a collaboration between the presently defunct Canbank Mutual Fund and Robeco Groep N.V.  Canbank Mutual Fund, founded in 1987, was an asset management company under the aegis of the Canara Bank.  Robeco Groep N.V.  Robeco Groep N.V. is a Netherlands-based asset management company. It was founded in 1929. Initially, it functioned as the AMC wing of the Dutch multinational financial services and banking company Rabobank. Rabobank ultimately took possession of Robeco Group in 2001. As of March 2019, Robeco has an AuM of €179 billion to its name. Canara Robeco Asset Management Company Ltd. (CRAMC) Canbank Mutual Fund passed 49% of its stakes on to Robeco Groep N.V. in lieu of Rs. 115 Crore to launch the Canara Robeco Asset Management Company Ltd. (CRAMC) in 2007. The firm offers a vast spectrum of investment alternatives such as monthly income and hybrid funds, treasury and debt funds, diversified equity funds, and thematic schemes.  As of the financial year 2019-20, the AMC has a total income of INR 10632.61 lakh. It incurred a profit of INR 3186.72 lakh before tax payment. Canara Robeco has pulled in a profit of Rs. 2323.60 lacks after tax.  The company has 20 branches spread across various states of India. As of May 2019, CRAMC has 9 lakh client investors, has around 64 schemes to offer, and has an asset under management totaling Rs. 16,226.07 Crore.  Important Information about Canara Robeco Mutual Fund Name of the Mutual FundCanara Robeco Mutual FundName of the AMCCanara Robeco Asset Management Company Ltd. (CRAMC)Established On19th December 1987Date of Incorporation2nd March 1993SponsorsCanara Bank Robeco Groep N.VName of TrusteesMr. Jai Diwanji (Associate Trustee)            Sunit Vasant Joshi (Independent Trustee)       Deveshwar Kumar Kapila (Independent Trustee)            Sumit M. Chadha (Independent Trustee)MD and CEOMr. Rajnish NarulaInvestor Service OfficerMr. M. PaparaoCompliance OfficerMr. Ashutosh VaidyaTelephone Number022-66585000Email addresscrmf@canararobeco.comRegistrar and Transfer AgentKarvy Computershare Private Limited (Karvy)Registered AddressConstruction House, 4th Floor, 5, Walchand Hirachand Marg, Ballard Estate, Mumbai 400 001 Ten Top-Performing Canara Robeco Mutual Fund Schemes Canara Robeco Mutual Fund offers almost all types of mutual funds permitted by the Securities and Exchange Board of India or SEBI. The ten most flexible Canara Robeco mutual fund schemes in India are mentioned below: 1. Canara Robeco Small-Cap Fund (Category- Equity: Small Cap) The fund invests in high-quality small-cap companies with tremendous growth potential. It has a NAV of 15.5700 (Regular Growth) (as of 16th April 2021) and is one of the top-performing funds in the 'Equity: Small Cap' category. The fund was launched on 15th February 2019 and has given trailing returns of 95.11% in one year (as of 16th April 2021). The fund considers the NIFTY Smallcap 250 TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 1,000Minimum WithdrawalINR 1,000Exit Load1% for withdrawals before 365 daysReturn Since Inception (15th February 2019):INR 856 Crore (as of 31st March, 2021)AssetsINR 856 Crore (as of 31st March 2021)Expense Ratio2.49% (as of 31st March 2021) 2. Canara Robeco Equity Tax Saver Fund (Category- Equity: ELSS) The fund invests primarily in reputed companies in the large and mid-cap segments. It has a NAV of 93.3100 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Equity: ELSS' category. The fund was launched on 31st March 1993 and has given trailing returns of 60.66% in one year (as on 16th April 2021). The fund considers the S&P BSE 100 TRI as its benchmark.   Key information Minimum InvestmentINR 500Minimum Additional InvestmentINR 500Minimum SIP InvestmentINR 500Minimum Withdrawal-Exit LoadNil (Lock-in period - 3 Years)Return Since Inception (31st March 1993):INR 1,961 Crore (as of 31st March, 2021)AssetsINR 1,961 Crore (as of 31st March 2021)Expense Ratio2.34% (as of 31st March 2021) 3. Canara Robeco Infrastructure Fund (Category- Equity: Sectoral Infrastructure) The fund invests in growth-oriented companies in the infrastructure sector. It has a NAV of 56.1300 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Equity: Sectoral Infrastructure' category. The fund was launched on 2nd December 2005 and has given trailing returns of 59.69% in one year (as of 16th April 2021). The fund considers the S&P BSE India Infrastructure TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 1,000Minimum Withdrawal-Exit Load1% for withdrawals before 365 daysReturn Since Inception (2nd December 2005):INR 128 Crore (as of 31st March 2021)Assets2.63% (as of 31st March 2021)Expense Ratio2.63% (as of 31st March 2021) 4. Canara Robeco Emerging Equities Fund (Category- Equity: Large and MidCap)  The fund invests in top-class large and mid-cap companies with decent financials. It has a NAV of 127.9500(Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Equity: Large and Mid Cap' category. The fund was launched on 11th March 2005 and has given trailing returns of 62.79% in one year (as of 16th April 2021). The fund considers the NIFTY Large Midcap 250 TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 1,000Minimum WithdrawalINR 1,000Exit Load1% for withdrawals before 365 daysReturn Since Inception (11th March 2005):17.14% (as on 16th April, 2021)AssetsINR 8,179 Crore (as of 31st March 2021)Expense RatioINR 8,179 Crore (as of 31st March, 2021) 5. Canara Robeco Bluechip Equity Fund (Category- Equity: Large Cap) The fund picks the best-quality stocks in the large-cap category and invests in them. It has a NAV of 34.9300 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Equity: Large Cap' category. The fund was launched on 20th August 2010 and has given trailing returns of 54.42% in one year (as of 16th April 2021). The fund considers the S&P BSE 100 TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 1,000Minimum Withdrawal-Exit Load1% for withdrawals before 365 daysReturn Since Inception (20th August 2010):INR 2,156 Crore (as of 31st March, 2021)AssetsINR 2,156 Crore (as of 31st March 2021)Expense Ratio1.99% (as of 31st March 2021) 6. Canara Robeco Consumer Trends Fund (Category- Equity: Thematic Consumption) The fund intends to benefit from the consumption sector's growth. It has a NAV of 54.5300 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Equity: Thematic Consumption' category. The fund was launched on 14th September 2009 and has given trailing returns of 51.14% in one year (as on 16th April 2021). The fund considers the S&P BSE 100 TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 1,000Minimum Withdrawal-Exit Load1% for withdrawals before 365 daysReturn Since Inception (14th September 2009):15.75% (as on 16th April, 2021)Assets2.54% (as of 31st March, 2021)Expense Ratio2.54% (as of 31st March 2021) 7. Canara Robeco Flexi Cap Fund (Category- Equity: Flexi Cap) The fund invests in good quality large, mid-cap, and small-cap companies with a strong vision. It has a NAV of 182.2500 (Regular Growth) (as of 16th April 2021), and is one of the best-performing funds in the 'Equity: Flexi Cap' category. The fund was launched on 16th September 2003 and has given trailing returns of 54.45% in one year (as of 16th April 2021). The fund considers the S&P BSE 500 TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 1,000Minimum Withdrawal-Exit Load1% for withdrawals before 365 daysReturn Since Inception (16th September 2003):INR 3,716 Crore (as of 31st March, 2021)AssetsINR 3,716 Crore (as of 31st March 2021)Expense Ratio2.03% (as of 31st March 2021) 8. Canara Robeco Equity Hybrid Fund (Category- Hybrid: Aggressive Hybrid) The fund invests up to 80% of its corpus in equity stocks and the rest in debt instruments.  The fund invests in high-quality small-cap companies with tremendous growth potential. It has a NAV of 209.6700 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Hybrid: Aggressive Hybrid' category. The fund was launched on 1st February 1993 and has given trailing returns of 95.11% in one year (as of 16th April 2021). The fund considers the CRISIL Hybrid 35+65 Aggressive TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 1,000Minimum WithdrawalINR 1,000Exit Load1% for withdrawals before 365 daysReturn Since Inception (1st February 1993):2.12% (as of 31st March 2021)Assets2.12% (as of 31st March, 2021)Expense RatioINR 4,812 Crore (as of 31st March 2021) 9. Canara Robeco Conservative Hybrid Fund (Category- Hybrid: Conservative Hybrid) The fund invests up to 30% of the corpus in equity stocks and the rest in debt instruments. It has a NAV of 69.7716 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Hybrid: Conservative Hybrid' category. The fund was launched on 2nd April 2001 and has given trailing returns of 19.16% in one year (as of 16th April 2021). The fund considers the CRISIL Hybrid 85+15 Conservative TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 1,000Minimum WithdrawalINR 2,000Exit Load1% for withdrawals before 365 daysReturn Since Inception (2nd April 2001):1.93% (as of 31st March 2021)Assets1.93% (as of 31st March, 2021)Expense RatioINR 477 Crore (as of 31st March 2021) 10. Canara Robeco Short Duration Fund (Category- Debt: Short Duration) The fund invests in bonds with maturity between one and three years. It has a NAV of 20.3143 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Debt: Short Duration' category. The fund was launched on 15th February 2019 and has given trailing returns of 7.52% in one year (as of 16th April 2021). The fund considers the CRISIL Short-Term Bond TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 1,000Minimum WithdrawalINR 1,000Exit LoadNilReturn Since Inception (15th February 2019):1.02% (as of 31st March 2021)Assets1.02% (as of 31st March, 2021)Expense RatioINR 1,065 Crore (as of 31st March 2021) How can you Invest in Canara Robeco Mutual Fund Via EduFund? Step 1: Create an online account on EduFund by downloading the EduFund App from Apple Store or Play Store  Step 2: Choose a Plan: Study various Canara Robeco Mutual Fund schemes and choose the one at your convenience. You can invest in a Systematic Investment Plan (SIP) or a total sum. The inbuilt recommendation mechanism recommends a scheme that is suitable for your financial aspirations. Step 3 - View and Track Your Transaction(s) - Your EduFund account will reflect the amount you have laid out on a specific scheme within four working days. You can track the Mutual Fund NAV, statement, account balance, and other vital information in the app. You can buy, redeem, or switch between Canara Robeco Mutual Fund units. Step 4 - Get in touch with a Mutual Fund Counsellor - You can seek personal guidance from a mutual fund consultant to talk about your financial targets.  EduFund uses bank-like premium encryption and authentication technologies to safeguard your transactions and investments.  Six Best Performing Fund Managers at Canara Robeco Mutual Fund Ms. Suman Prasad Ms. Suman Prasad is an MBA in Finance from the SDM Institute of Development And Management. She joined the Canara Robeco Mutual Fund in 1977. She deals with several schemes such as Canara Robeco Savings Fund, Canara Robeco Short Duration Fund, Canara Robeco Ultra Short Term Fund, Canara Robeco Savings Fund, Canara Robeco Short Duration Fund, Canara Robeco Liquid Fund, etc. Mr. Shridatta Bhandwaldar Mr. Shridatta Bhandwaldar earned his degree in Mechanical Engineering from the Government College of Engineering, Aurangabad. He is also an MMS in Finance from the Sydenham Institute of Management. He forayed into the world of finance in 2006 as an Equity Analyst with MF Global Securities.  Presently, he is associated with the Canara Robeco Mutual Fund as the Fund Manager of Equities. He deals with numerous schemes such as Canara Robeco Bluechip Equity Fund, Canara Robeco Equity Diversified Fund, Canara Robeco Equity Hybrid Fund, Canara Robeco Infrastructure Fund, etc.  Mr. Miyush Gandhi Since 2018, Mr. Miyush Gandhi is the Fund Manager of Emerging Equities at Robeco Canara Mutual Fund. He manages eight (8) schemes such as Canara Robeco Conservative Hybrid Fund, Canara Robeco Emerging Equities Fund, etc. Before this, he was the Senior Research Analyst of Equities at SBI Life Insurance Co. Ltd. in 2008. Mr. Gandhi is an MBA in Capital Markets from the Narsee Monjee Institute of Management Studies (NMIMS). Ms. Cheenu Gupta Ms. Cheenu Gupta is associated with Canara Robeco Asset Management Company Ltd. as the company’s Fund Manager of Equities since 2018. She manages nine schemes such as Canara Robeco Equity Tax Saver Fund, Canara Robeco Consumer Trends Fund, etc. Initially, she started as a Software Engineer. She began her career in finances at the UTI Mutual Fund as an Equity Research Analyst in 2006. Ms. Gupta has a BE degree in Information Technology from the Vivekanand Education Society’s Institute of Technology (VESIT). She holds a PGDM in Finance from the S. P. Jain Institute of Management and Research (SPJIMR). She is also a certified Chartered Financial Analyst (CFA).  Mr. Abhinav Khandelwal Since 2018, Mr. Abhinav Khandelwal has been working with Canara Robeco Mutual Fund as the Fund Manager of Offshore Investments. Mr. Khandelwal was previously associated with Systematix Shares & Stocks India Ltd. with a senior research analyst profile back in 2006.  Mr. Girish Hisaria  Since 2014, Mr. Girish Hisaria has been associated with Canara Robeco Asset Management Company Ltd. as AMC’s Senior Fund Manager. He holds an MMS in Finance from the University of Mumbai. Mr. Girish Hisaria manages 28 schemes such as Canara Robeco Dynamic Bond Fund, Canara Robeco Ultra Short Term Fund, Canara Robeco Gilt Fund, Canara Robeco Liquid Fund, Canara Robeco Savings Fund, etc. Before joining the AMC, he worked as a Senior Dealer at Darashaw.  Why should you invest in Canara Robeco Mutual Fund? Canara Robeco Mutual Fund ranks among the top-performing AMCs in India. It has more than a hundred schemes to select from. The AMC is over a decade old and handles assets of over €179 billion. The fund firm has around 20 branches across India, which offers its services to all ranks of investors. Whatever your investment goals are, you can get a Canara Robeco mutual fund scheme to achieve your financial ambitions. The fund managers at Canara Robeco have years of professional expertise in solving your financial queries. Hence, they decode the process of investing in the stock market and secondary market for you and make investments easier for you. Select EduFund for investing in Canara Robeco Mutual Fund  EduFund aids the process of investing your capital into Canara Robeco Mutual Funds. Consultants at EduFund are skilled and give you personalized guidance for fulfilling your financial aspirations. You can start by investing a small amount, say, INR 5,000 and expand your financial cache conveniently. EduFund gives you the following benefits:  ● Customised Research-Based Financial Plan - EduFund’s scientific fund tracker tracks over 400 financial circumstances and 1 lakh data points to recommend the top-rated mutual funds for you.  ● Customer-Friendly Counsellors Help You in Financial Planning - EduFund’s counselors are skilled to take questions of all sorts from their customers. They give a patient hearing to your queries and help you plan a robust financial blueprint.  ● Invest Less, Earn More - Just not the best Indian mutual funds, EduFund has options for you to invest in US Dollar ETFs and international mutual funds, apart from the best mutual funds.  ● Use Complimentary Tools - EduFund provides numerous free tools for its clients, such as SIP Calculator, College Savings Calculator, etc.  ● No Technical Finesse Needed- You need not be a finance expert to understand which mutual fund serves you the best. EduFund simplifies the options for you.  ● Value-Added Benefits - You may get value-added benefits like free advisory, zero commission, and zero hidden charges.  ● Safeguards Transactions - EduFund is RIA-registered and uses top-class 128-SSL security to ensure safe transactions.  ● Special Support for Children’s Education - EduFund has a bunch of experts who are dedicated to helping you fulfill your children’s educational goals.  FAQs Who is the owner of Canara Robeco? Robeco Groep N.V. is a Netherlands-based asset management company. It was founded in 1929. Initially, it functioned as the AMC wing of the Dutch multinational financial services and banking company Rabobank. Rabobank ultimately took possession of Robeco Group in 2001. What is the meaning of Canara Robeco? Canara Robeco Mutual Fund, or Canara Robeco Asset Management Company, is a collaboration between the presently defunct Canbank Mutual Fund and Robeco Groep N.V. Canbank Mutual Fund, founded in 1987, was an asset management company under the aegis of the Canara Bank. Which are the best mutual funds of Canara Robeco? Canara Robeco Small-Cap Fund (Category- Equity: Small Cap) Canara Robeco Equity Tax Saver Fund (Category- Equity: ELSS) Canara Robeco Infrastructure Fund (Category- Equity: Sectoral Infrastructure) Canara Robeco Emerging Equities Fund (Category- Equity: Large and MidCap) Canara Robeco Bluechip Equity Fund (Category- Equity: Large Cap) Is it good to invest in Canara Robeco mutual fund? Canara Robeco Mutual Fund ranks among the top-performing AMCs in India. It has more than a hundred schemes to select from. The AMC is over a decade old and handles assets of over €179 billion. TALK TO AN EXPERT

Franklin Templeton Investments was established in 1947. The organization, since its launch, has provided services for managing assets for institutional, retail, and high-profile clients. Apart from offering mutual funds, the firm provides several other investment options like private funds, exchange-traded funds (ETF), and accounts that are managed separately. The company offers schemes such as fixed income, equity, multi-asset, and other alternatives.  Franklin Templeton Investments serves as a platform for trading, portfolio, and research. It also deals with investment risk management. Presently, Franklin Templeton has branches in over thirty-four countries. It has employed over six hundred professionals and recruits more than 9500 salaried individuals. Franklin Templeton Mutual Fund in India The company started functioning in India in 1996 under the name Templeton Asset Management India Pvt. Ltd. The Franklin Templeton Mutual Fund is authorized by SEBI to offer its services under the registration number MF/026/96/8.  The company provided its first-ever mutual fund service in September 1996 under the name of Templeton India Growth Fund. The company has been operating twenty-one funds for ten years and various others that have exceeded the twenty-year mark.  The company bought the stakes of PIONEER ITI AMC Ltd. in 2002 to become the second-largest mutual fund after UTI.  Franklin Templeton Investments is among the few companies dealing in asset management with in-house registrars for providing efficient service management for its clients.  The organization offers loyalty programs where the customers can interact with the fund management team, and get exposure to external management development schemes, yearly leadership events for the exchange of ideas, and several elaborate engagement programs. Templeton Asset Management India Pvt. Ltd. has committed itself to several CSR programs: Installation of four water purifier plants for supporting six thousand families in collaboration with the Bala Vikasa Social Service Society. Aiding the process of supplying five thousand rickshaws in association with the American India Foundation Trust. Setting up fifty camps to train two thousand youth in vocational skills in collaboration with the Kherwadi Social Welfare Association. Providing assistance and support to in and around 2353 girl children in Chennai in association with the K. C. Mahindra Educational Trust. Establishing the Abhudaya English Medium School in Mumbai in collaboration with The Akanksha Foundation. The Statement of Additional Information (SAI) provided by SEBI states that Franklin Templeton Investments’ total income is $6,392.2 million, profit after tax of $1,696.7 million, and a gross worth of $14877.7 million in 2017. Templeton Asset Management India Pvt. Ltd. offers approximately 197 schemes with assets under management (AuM) amounting to roughly INR 1.19 Lakh Crore as of 31st March 2017. Important Information about Franklin Templeton Mutual Fund Ten Top-Performing Franklin Templeton Mutual Fund Schemes Franklin Templeton comprises almost all types of mutual funds permitted by the Securities and Exchange Board of India or SEBI. The ten most viable Franklin Templeton mutual fund schemes in India are mentioned below.  1. Franklin Asian Equity Fund (Category - Equity: International) This open-ended fund has a NAV of 32.5721 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Equity: International' category. The fund was launched on 16th January 2008 and has given trailing returns of 50.57% in one year (as of 16th April 2021). The fund considers the MSCI Asia (Ex-Japan) Standard TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load1% for withdrawals before 365 daysReturn Since Inception (16th January 2008):2.66% (as of 31st March 2021)AssetsINR 261 Crore (as of 31st March 2021)Expense Ratio2.66% (as on 31st March, 2021) 2. Franklin Build India Fund (Category - Equity: Sectoral-Infrastructure) This open-ended fund has a NAV of 48.7310 (Regular Growth) (as of 16th April 2021) and is one of the top-performing funds in the 'Equity: Sectoral - Infrastructure' category. The fund was launched on 4th September 2009 and has given trailing returns of 63.13% in one year (as of 16th April 2021). The fund considers the S&P BSE India Infrastructure TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load1% for withdrawals before 365 daysReturn Since Inception (4th September 2009):2.40% (as of 31st March 2021)Assets2.40% (as on 31st March 2021)Expense RatioINR 954 Crore (as of 31st March 2021) 3. Franklin India Banking & PSU Debt Fund (Category - Debt: Banking and PSU) This open-ended fund has a NAV of 17.5362 (Regular Growth) (as of 16th April 2021) and is one of the top-performing funds in the 'Debt: Banking and PSU' category. The fund was launched on 25th April 2014 and has given trailing returns of 7.41% in one year (as of 16th April 2021). The fund considers the NIFTY Banking and PSU Debt TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit LoadNilReturn Since Inception (25th April 2014):0.52% (as on 31st March 2021)AssetsINR 971 Crore (as of 31st March 2021)Expense Ratio0.52% (as of 31st March 2021) 4. Franklin India Bluechip Fund (Category - Equity: Large Cap) This open-ended fund has a NAV of 589.7367 (Regular Growth) (as of 16th April 2021), and is one of the best-performing funds in the 'Equity: Large Cap' category. The fund was launched on 1st December 1993 and has given trailing returns of 59.97% in one year (as of 16th April 2021). The fund considers the NIFTY 100 TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load1% for withdrawals before 365 daysReturn Since Inception (1st December 1993):INR 5,927 Crore (as of 31st March, 2021)AssetsINR 5,927 Crore (as of 31st March 2021)Expense Ratio1.93% (as of 31st March 2021) 5. Franklin India Corporate Debt Fund (Category - Debt: Corporate Bond) This open-ended fund has a NAV of 77.3349 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Debt: Corporate Bond' category. The fund was launched on 23rd June 1997 and has given trailing returns of 8.71% in one year (as of 16th April 2021). The fund considers the NIFTY Corporate Bond TRI as its benchmark.   Key Information Minimum InvestmentINR 10,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit LoadNilReturn Since Inception (23rd June 1997):INR 855 Crore (as of 31st March 2021)Assets0.89% (as of 31st March 2021)Expense Ratio0.89% (as of 31st March, 2021) 6. Franklin India Credit Risk Fund (Category - Credit Risk) This open-ended fund has a NAV of 20.8784 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Debt: Credit Risk' category. The fund was launched on 7th December 2011 and has given trailing returns of 12.41% in one year (as of 16th April 2021). The fund considers the NIFTY Credit Risk Bond TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load3% for withdrawals before 365 daysReturn Since Inception (7th December 2011):INR 2,831 Crore (as of 31st March, 2021)AssetsINR 2,831 Crore (as of 31st March 2021)Expense Ratio0.06% (as of 31st March 2021) 7. Franklin India Debt Hybrid Fund (Category - Hybrid: Conservative Hybrid) This open-ended fund has a NAV of 64.1426 (Regular Growth) (as of 16th April 2021) and is one of the top-performing funds in the 'Hybrid: Conservative Hybrid' category. The fund was launched on 28th September 2000 and has given trailing returns of 15.97% in one year (as of 16th April 2021). The fund considers the CRISIL Hybrid 85+15 Conservative TRI as its benchmark.   Key Information Minimum InvestmentINR 10,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load1% for withdrawals before 365 daysReturn Since Inception (28th September 2000):2.30% (as of 31st March 2021)Assets2.30% (as of 31st March, 2021)Expense RatioINR 189 Crore (as of 31st March 2021) 8. Franklin India Dynamic Accrual Fund (Category - Dynamic Bond) This open-ended fund has a NAV of 71.2946 (Regular Growth) (as of 16th April 2021) and is one of the best-performing funds in the 'Debt: Dynamic Bond' category. The fund was launched on 5th March 1997 and has given trailing returns of 7.07% in one year (as of 16th April 2021). The fund considers the CRISIL Composite Bond TRI as its benchmark.   Key Information Minimum InvestmentINR 10,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load3% for withdrawals before 365 daysReturn Since Inception (5th March 1997):0.06% (as of 31st March 2021)Assets0.06% (as of 31st March, 2021)Expense RatioINR 1,599 Crore (as of 31st March 2021) 9. Franklin India Dynamic Asset Allocation Fund of Funds (Category - Dynamic Asset Allocation) This open-ended fund has a NAV of 87.1332 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Dynamic Asset Allocation' category. The fund was launched on 16th January 2008 and has given trailing returns of 18.91% in one year (as of 16th April 2021). The fund considers the CRISIL Hybrid 35+65 Aggressive TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load1% for withdrawals before 365 daysReturn Since Inception (16th January 2008):1.74% (as of 31st March 2021)Assets1.74% (as of 31st March, 2021)Expense RatioINR 922 Crore (as of 31st March 2021) 10. Franklin India Equity Advantage Fund (Category -Large and MidCap) This open-ended fund has a NAV of 96.9132 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Equity: Large & MidCap' category. The fund was launched on 2nd March 2005 and has given trailing returns of 70.05% in one year (as of 16th April 2021). The fund considers the NIFTY Large Midcap 250 TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load1% for withdrawals before 365 daysReturn Since Inception (2nd March 2005):INR 2,459 Crore (as of 31st March, 2021)AssetsINR 2,459 Crore (as of 31st March 2021)Expense Ratio2.38% (as of 31st March 2021) How can you invest in Franklin Templeton Mutual Fund via EduFund? Investing in Franklin Templeton Mutual Fund through Edufund is an easy, seven-step process. Step 1: Create an online account on EduFund by downloading the EduFund App from Apple Store or Play Store  Step 2: Choose a Scheme: Look through several Franklin Templeton Mutual Fund schemes and choose the best scheme for your financial situation. You can invest in a Systematic Investment Plan (SIP) or a total sum. The inbuilt recommendation mechanism suggests the scheme that is best suited for your financial goals. Step 3: View and Track Your Transaction(s) - Your EduFund account will reflect the amount you have laid out on a specific scheme within four working days. You can track the Mutual Fund NAV, statement, account balance, and other vital information in the app. You can buy, redeem, or switch between Franklin Templeton Mutual Fund units. Step 4: Consult a Mutual Fund Counsellor - You can get in touch with a mutual fund consultant to discuss your targets and get personal guidance.  EduFund uses premium encryption and authentication technologies akin to a bank to safeguard your transactions and investments. Five Best Performing Fund Managers at Franklin Templeton Mutual Fund  A Fund Manager plays a decisive role in instilling values and steering growth. The top-performing fund managers at Franklin Templeton Mutual Fund, whose stellar performance has steadily generated the best dividends, have been mentioned below.  1. Mr. Anand Vasudevan Mr. Vasudevan earned his B.Tech from the Indian Institute of Technology, Madras, and a PGDM from IIM Calcutta. He post-graduated with a Master's in Finance from the London Business School. Presently, he is the Senior Vice President of the Franklin Templeton Mutual Fund and heads the Equity operations in India.  He was associated as an Equity Research Analyst with the Dresdner Kleinwort Wasserstein and Bruyette and Woods, Keefe in 2001 and 2004, respectively. Then he joined Franklin Templeton. Anand Vasudevan teamed up with Templeton Asset Management Private Limited in 2007. He has operated as the Head of Research since 2008. Currently, he is in charge of the Franklin India Flexi-cap Fund and Franklin India Bluechip Fund. Mr. Anand Radhakrishnan  Mr. Radhakrishnan graduated with a B.Tech degree in Chemical Engineering from Anna University, Chennai. He earned a PGDM from IIM Ahmedabad. Mr. Radhakrishnan is also a certified Chartered Financial Analyst.  He has been working in the sector of Investment Management since 1994. In the initial days of his career, he was the Deputy Manager of Equity Research at SBI Mutual Funds Management. He was associated with Sundaram Mutual Funds for eight years in a row.  Radhakrishnan is presently the Chief Investment Officer at Franklin Templeton. Before it, he was the Senior Vice President, Head of Portfolio Analytics, and the Portfolio Manager of the said organization. Mr. Radhakrishnan handles the operations at the Franklin India Infotech Fund, Franklin India Bluechip Fund, Franklin India Taxshield, FT Dynamic PE Ratio of Funds, Franklin India Prima Plus, and FT India Life Stage Fund of Funds. He also spearheads the equity sector of all types of hybrid funds. Ms. Roshi Jain Ms. Roshi Jain is a Chartered Accountant and a Chartered Financial Analyst. She earned her PGDM from IIM Ahmedabad. She inaugurated her career at SR Batliboi. She was a part of the Research Wing of the Goldman Sachs Group Inc. Hong Kong / Singapore in 2002. She relocated to the London branch of Goldman Sachs two years later. Presently, Ms. Jain is the Assistant Vice President of the Franklin Templeton Mutual Fund. She doubles up as the Co-Portfolio Manager and Equity Research Analyst at Franklin Templeton. She specializes in engineering, retail, power, cement, and construction in India and the ASEAN region. Mr. Anil Prabhudas Mr. Prabhudas is a B.Com from the University of Mumbai. He is also a certified Chartered Accountant from ICAI. In 1994, he was associated with Pioneer ITI before being roped in by Templeton Asset Management India Pvt. Ltd. He is entrusted with the responsibility of providing research-oriented data on hotels, packaging, metals, sugar, and FMCG industries.  He has held several key positions at Franklin Templeton. He was the ex-Assistant Vice President and the Portfolio Manager at Franklin India Index Tax Fund, FT India Index Tax Shield 99, FT India Index Fund - Franklin FMCG Fund, Franklin India Index Fund, NSE Nifty Plan, and BSE Sensex Plan. Mr. Prabhudas is presently acting as the Fund Manager of Franklin India Taxshield Fund, Franklin India Opportunities Fund, FT India Monthly Income Plan, Templeton India Pension Plan, FT India Balanced Fund, and Templeton India Children’s Asset Plan.   Mr Janakiraman Rengaraju  Mr. Rengaraju graduated from the Government College of Technology, Coimbatore, with a B.Tech degree. He also earned a PGDM from IIM Bangalore. Apart from having a B.Tech and a PGDM degree, he is a Chartered Financial Analyst too. He was associated with UTI Securities, Mumbai previously. He was in charge of the investment corpus management while he was with the Indian Syntans Group.  Currently, Mr. Rengaraju is the Assistant Vice President, Senior Research Analyst of Equities, and the Portfolio Manager at Franklin India. He specializes in media, telecommunications, and automobiles. He is also responsible for managing some of the mutual funds of the organization, such as the Franklin India Prima Fund and Franklin India Prima Plus.  Why should you invest in Franklin Templeton Mutual Fund? Franklin Templeton Mutual Fund is one of the top-performing AMC in India. It has more than a hundred schemes to select from. The AMC has a legacy of over seventy years and manages assets of over INR 1.19 Lakh Crore. It has a vast network of impaneled distributors who provide its financial services to its investors. The fund firm has 1300 branches in total with outreach in over 32 Indian states, which offers its services to all ranks of investors. Whatever your investment target, you can get a Franklin Templeton mutual fund scheme to achieve your financial goals. Experienced fund managers at Franklin Templeton Mutual Fund simplify the process of investing in the stock market and secondary market for you. Select EduFund for investing in Franklin Templeton mutual fund  EduFund simplifies the process of investing in Franklin Templeton mutual funds. Experienced consultants at EduFund offer you personalized solutions for your financial ambitions. You can begin by investing from a meager INR 5,000 and increase your capital conveniently.  Benefits with Edufund Customized Research-Based Financial Plan - EduFund’s scientific fund tracker monitors over 1 lakh data points and 400 financial situations to suggest the best mutual funds. Customer-Friendly Counsellors Help You Create a Financial Plan - EduFund’s counselors are equipped to manage all kinds of questions from customers. They spend as much time with you as you need and solve all your queries to help you create a healthy financial plan. Invest Less, Earn More - Just not the best Indian mutual fund, EduFund provides you with the opportunity to invest in US Dollar ETFs and international mutual funds. Use Tools Free of Cost - EduFund offers several free tools for its clients, including SIP Calculator, College Savings Calculator, etc. No Technical Skill Needed- You need not be a pro in finance to understand which mutual fund is perfect for you. EduFund does the job for you. Value-Added Benefits - You may get value-added benefits like free advisory, zero commission, and zero hidden charges. Safeguards Transactions - EduFund is RIA-registered and uses top-class 128-SSL security to ensure safe transactions. Special Support for Children’s Education - EduFund has a team of experts committed to helping you fulfill your children’s educational goals.   FAQs Is Franklin Templeton a good mutual fund? Franklin Templeton Mutual Fund is one of the top-performing AMCs in India. It has more than a hundred schemes to select from. The fund firm has 1300 branches in total with outreach in over 32 Indian states, which offers its services to all ranks of investors. What type of fund is Franklin Templeton? The company provided its first-ever mutual fund service in September 1996 under the name of Templeton India Growth Fund. The company has been operating twenty-one funds for ten years and various others that have exceeded the twenty-year mark. Franklin Templeton Investments is among the few companies dealing in asset management with in-house registrars for providing efficient service management for its clients. The organization offers loyalty programs where the customers can interact with the fund management team and get exposure to external management development schemes, yearly leadership events for the exchange of ideas, and several elaborate engagement programs. Is Franklin Templeton a good company? Franklin Templeton Investments serves as a platform for trading, portfolio, and research. It also deals with investment risk management. Presently, Franklin Templeton has branches in over thirty-four countries. It has employed over six hundred professionals and recruits more than 9500 salaried individuals. What is the name of Franklin mutual fund? Franklin Templeton Investments was established in 1947. The organization, since its launch, has provided services for managing assets for institutional, retail, and high-profile clients. Franklin Templeton Investments serves as a platform for trading, portfolio, and research. It also deals with investment risk management. Consult an expert advisor to get the right plan for you TALK TO AN EXPERT

In the previous article, we discussed the difference between debt funds vs hybrid funds. In this article, we will look at the difference between ULIP vs mutual funds. ULIP (Unit-linked Insurance Plan) is an instrument offering a combination of investment and insurance. It includes an asset and a life insurance cover under one plan.   ULIPs bring forth the opportunity to create wealth and the security of a life cover. The working ULIP is as follows: a part of the premium goes towards life coverage, and the rest of the money is invested into different market products like stocks and bonds.  A mutual fund is a financial trust that collects funds from investors and invests them into different instruments like stocks, bonds, and other money market instruments.   Fund managers manage mutual funds and make investment decisions on behalf of the people who have trusted them with their money.   There are different types of mutual funds, such as equity mutual funds, debt mutual funds, and hybrid mutual funds. depending upon the investment proportion in debt and equity.   These different types of mutual funds vary in their risk and return potential. Mutual funds are one of the most popular investment options today. Source: Pexels ULIP vs Mutual Funds 1. Scope of investment The main difference is that a mutual fund is merely an investment option, but ULIP provides insurance benefits. It works as a single premium for both investment and life coverage purposes. 2. Return on investment The ULIPs offer lower returns than mutual funds – this is because the ULIP promises a fixed sum of money (involving life insurance benefits). On the other hand, mutual funds provide relatively higher returns because they are also dependent on the risk factor of the market.   3. Tax benefits Mutual funds offer tax deductions only under investments in the Equity-linked savings scheme; investments in any other mutual fund scheme do not offer any tax deduction. The redemptions are also subject to taxation under different brackets for equity debt funds. Investments in ULIPs can get a deduction under section 80C of the income tax act 1961. The available deductions are to the tune of Rs 1.5 lakhs.   4. Lock-in period Since ULIPs are insurance-based products, their lock-in period is predefined, and the invested money cannot be withdrawn before the end of the period. The timestamp for ULIPs generally ranges from 3 to 5 years. On the other hand, mutual funds generally have a lock-in period of one year, but in some cases, like ELSS products, the lock-in period is three years.   5. Expenses Mutual funds can charge an expense ratio to the upper cap of 1.05%, as set by India's Securities and Exchange Board. However, with ULIPs, there are no caps. ULIPs fees can vary to higher levels than mutual funds.   6. Risk coverage Being an insurance-based product, ULIP offers risk coverage by assuring a sum of money to the family in the event of the plan holder's death. However, mutual funds do not provide any such facility. Ideally, you should purchase mutual funds if you have a short- to medium-term time horizon with considerable liquidity and an average risk-taking capacity.   7. Transparency Transparency is an essential factor to consider before evaluating which instrument to buy. ULIPs are complex investment products. Thus, they have a lesser transparent structure regarding expenses and asset allocation. Mutual funds are better because you can get a detailed report of the investments made on your behalf.   Finally, your ultimate decision to invest in mutual funds or ULIPs rests with you. Before deciding, you must analyze your financial goals, risk profile, investment tenure, etc. FAQs What is ULIP? ULIP (Unit-linked Insurance Plan) is an instrument offering a combination of investment and insurance. It includes an asset and a life insurance cover under one plan.   What is a mutual fund? A mutual fund is a financial trust that collects funds from investors and invests them into different instruments like stocks, bonds, and other money market instruments.   What is the difference between ULIP and Mutual Fund? The main difference is that a mutual fund is merely an investment option, but ULIP provides insurance benefits. It works as a single premium for both investment and life coverage purposes. TALK TO AN EXPERT