EduFund Blogs

ICICI is a leading Asset Management Company (AMC) in the country focused on bridging the gap between savings and investments and creating long-term for investors through a range of simple and relevant investment solutions. Let us talk about the flagship product – ICICI Prudential Focused Equity Fund ICICI Prudential Focused Equity Fund Investment objective To generate capital appreciation through investments in equity & equity-related instrument securities of up to 30 companies across market capitalization i.e. focus on multi-cap. Investment process The fund follows a growth style of investing which consists of growth stocks of large and mid-cap companies. The Scheme will aim to hold optimum exposure to large and mid-cap stocks depending on the fund manager's view on market valuations. The portfolio construction involves investing in high-conviction quality stocks. The Scheme will remain sector-agnostic and will maintain an overweight stance on select high-conviction themes/sectors that are expected to outperform in the current economic cycle. The scheme would use a combination of bottom-up research for stock selection. follows a bottom-up approach for identifying stocks that have robust business financials, above-average profitability, and sustained competitive advantages. While the large-cap stocks represent established enterprises selected from the Top 100 stocks by market capitalization, the mid- and small-caps represent business entities with higher growth potential. The allocation will be decided on a tactical basis rather than any predetermined ratio. Portfolio composition The portfolio holds the major exposure in large-cap stocks at 82% and sectorally major exposure is to financial services that account for over 31% of the portfolio. The top 5 sectors hold more than 69% of the portfolio. Note: Data as of 30th Nov 2022.Source: Value Research Top 5 holdings NameSectorWeightage %ICICI BankFinancial8.58HDFC BankFinancial5.77Sun PharmaceuticalHealthcare5.25State Bank of IndiaFinancial5.10Axis BankFinancial4.77Note: Data as of 30th Nov 2022.Source: Value Research Performance over 13 years If you had invested 10 lakhs at the inception of the fund, it would be now valued at Rs 43.19 lakhs. Note Performance of the fund since launch; Inception Date – May 28, 2009, till Dec 12, 2022.Source: Moneycontrol The fund has given consistent returns and has outperformed the benchmark over the period of 13 years by generating a CAGR (Compounded Annual Growth Rate) of 13.13%. INVEST NOW Fund Manager Sankaran Naren He has been associated with ICICI Prudential AMC since August 2022. Prior to joining ICICI Prudential AMC, he worked with Refco Sify Securities India Pvt Ltd., HDFC Securities Ltd., and Yoha Securities. Vaibhav Dusad He has been associated with ICICI Prudential AMC since August 2022. Prior to joining ICICI Prudential AMC, he worked with Morgan Stanley, HSBC Global Banking and Markets, CRISIL, Zinnov Management Consulting, and Citi Bank Singapore. Who should invest? Investors looking to Hold a concentrated portfolio of around 30 quality stocks Build core equity portfolio for long-term wealth creation with steady growth Why invest? ICICI is a renowned name in the finance industry with a proven track record Strong stock selection approach with a bottom-up approach Horizon One should look at investing for a minimum of 5 years or more A systematic investment Plan (SIP) is an ideal way to take exposure as it helps tackle market volatility. Conclusion The fund has delivered consistent returns over 13 years with a proven track record and has delivered 13.13% CAGR consistently. Thus, suitable for investors who want a focused portfolio of quality stocks along with market leaders. DisclaimerThis is not recommendation advice. All information in this blog is for educational purposes only.

DSP Group is a 150+ years old financial entity, started back in the 1860s with its stock broking business. And gradually they entered the mutual fund industry.  DSP AMC was incorporated in 1996, and it is one of India’s leading AMC in India. DSP AMCs offer a wide range of products to meet the requirements of every investor in the best way by offering mutual funds. DSP AMC has schemes across debt, equity, hybrid, international funds, and ETFs (Exchange Traded Funds). It holds 25 years of Honest Asset Management. For over two decades DSP has helped its investors to make responsible money decisions based on two pillars i.e., honesty and integrity. DSP Equity Opportunities Fund  Investment objective An open-ended growth scheme, seeking to generate long-term capital appreciation, from a portfolio that is substantially constituted of equity securities and equity-related securities of large and mid-cap companies. Investment process The DSP Equity Opportunities Fund follows a growth style of investing which consists of growth stocks of large-, mid, and small-cap companies. The investment philosophy of the fund is to buy quality businesses from every sector to provide diversification.  The portfolio construction involves investing majorly in large & mid-cap companies. The fund core portfolio is based on long-term themes, core equity portfolio. The fund uses top-down sector analysis and bottom-up sub-sector stock analysis. Portfolio composition  The portfolio holds the major exposure in large-cap stocks at 56% and sectorally major exposure is to financial services that account for almost one-third of the portfolio. The top 5 sectors hold nearly 66.66% of the portfolio. Note: Data as of 30th Nov 2022. Source: Value Research  CONSULT FUND MANAGER Top 5 holdings Name Sector Weightage % ICICI Bank Financial 7.37 HDFC Bank Financial 6.56 Infosys Technology 5.13 Axis Bank Financial 3.72 State Bank of India Financial 2.72 Note: Data as of 30th Nov 2022. Source: Value Research https://www.youtube.com/shorts/GTMkN4F0HoM Performance over 22 years  If you had invested 10 lakhs at the inception of the DSP Equity Opportunities Fund, it would be now valued at Rs 3.64 crore.  Note Performance of the fund since launch; Inception Date – May 16, 2000, till Dec 12, 2022. Source: Money control  The fund has given consistent returns and has outperformed the benchmark over the period of 22 years by generating a CAGR (Compounded Annual Growth Rate) of 17.40%.  INVEST NOW Fund manager  Rohit Singhania: Prior to joining DSP Mutual Fund, he worked with HDFC Securities Ltd. and IL&FS Investment Limited.  Kaushal Maroo has recently joined the AMC in Dec 2022.  Who should invest?  Investors looking to  Hold a focused portfolio of large & mid-cap companies  Invest in market leaders of large & mid-cap companies  Why invest?  To beat the impact of rising prices over the long-term  Offers the chance to grow your wealth by owning high growth-potential companies at fair prices  Horizon  One should look at investing for a minimum of 5 -7 years or more  A systematic investment Plan (SIP) is an ideal way to take exposure as it helps tackle market volatility  Conclusion  The DSP Equity Opportunities Fund has a well-diversified portfolio of 68 stocks that have delivered consistent returns over 22 years with a proven track record of a 17.40% CAGR consistently. The fund is suitable for investors who have the patience & mental resilience to remain invested for a decade or more. DisclaimerThis is not recommendation advice. All information in this blog is for educational purposes only.

DSP Group is a 150+ years old financial entity, started back in the 1860s with its stock broking business. And gradually they entered the mutual fund industry. DSP AMC was incorporated in 1996, and it is one of India’s leading AMC in India. DSP AMCs offer a wide range of products to meet the requirement of every investor in the best way by offering mutual funds. DSP AMC has schemes across debt, equity, hybrid, international funds, and ETFs (Exchange Traded Funds). It holds 25 years of Honest Asset Management. For over two decades DSP has helped its investors to take responsible money decisions based on two pillars i.e., honesty & Integrity. About DSP Focus Fund Investment objective The portfolio will consist of multi-cap companies by market capitalization. The Scheme will hold equity and equity-related securities including equity derivatives, of up to 30 companies. The Scheme may also invest in debt and money market securities, for defensive considerations and/or for managing liquidity requirements. Investment process The fund follows a growth style of investing which consists of growth stocks of large and mid-cap companies. The investment philosophy of the fund is to buy quality businesses from every sector to provide diversification. The portfolio construction involves investing majorly in large & mid-cap companies. The fund core portfolio is based on long-term themes, core equity portfolio. The fund uses different valuation models to identify the stocks from every sector. Portfolio composition The portfolio holds the major exposure in large-cap stocks at 59% and sectorally major exposure is to financial services that account for almost 23% of the portfolio. The top 5 sectors hold nearly 65% of the portfolio. Note: Data as of 30th Nov 2022.Source: Value Research Top 5 holdings NameSectorWeightage %ICICI BankFinancial10.53InfosysTechnology6.40CiplaHealthcare5.56Bajaj FinanceFinancial5.51Eicher MotorsAutomobile4.87Note: Data as of 30th Nov 2022.Source: Value Research Performance over 22 years If you would have invested 10 lakhs at the inception of the fund, it would be now valued at Rs 34.18 lakhs. Note: Performance of the fund since launch; Inception Date – Jun 10, 2010, till Dec 14, 2022.Source: Moneycontrol The fund has given consistent returns and has outperformed the benchmark over the period of 12 years generating a CAGR (Compounded Annual Growth Rate) of 10.32%. Fund Manager Vinit Sambre Prior to joining DSP Mutual Fund, he has associated with DSP Merill Lynch Ltd.(Nov’05 to Jun’07, IL & FS Investsmart Ltd. (Dec’02 to Oct 05), Unit Trust of India Investment Advisory Services Ltd. (Jun’00 to Dec’02), Kisan Ratilal Choksey Shares and Securities Pvt. Ltd. (Mar’99 to May 00) and Credit Rating Information Service of India Ltd. (Apr’98 to Feb’99). Who should invest? Investors looking to Hold a focused portfolio of multi-cap companies across sectors Have the patience & mental resilience to remain invested for a decade or more Why invest? To beat the impact of rising prices over the long-term Offers the potential to grow your wealth by investing in a relatively concentrated portfolio of quality companies with strong valuations Horizon One should look at investing for a minimum of 5 - 7 years or more A systematic investment Plan (SIP) is an ideal way to take exposure as it helps tackle market volatility Conclusion The fund has invested in almost every sector to provide sectoral diversification to the portfolio and the fund has delivered consistent returns over 12 years with a proven track record with a 10.32% CAGR consistently. The fund is suitable for investors who have the patience & mental resilience to remain invested for a decade or more DisclaimerThis is not recommendation advice. All information in this blog is for educational purposes only.

What is concentration risk in Equity funds? Let us explain! Have you heard of the saying “putting all your eggs in one basket”? It means that you are dedicating a large number of your efforts and financial or other resources to one thing and hoping for its great success. Similarly, in your investment portfolio, your eggs are your savings - the money bags and the sectors or themes or instruments are the baskets. When you put all your eggs in a particular sector, and if the market crashes down due to unforeseen market conditions, all your eggs go bad (in short – you lose all your money bags). This is a concentration risk. When you have invested a lot in a sector, most of your expected returns depend solely on that particular sector’s performance. The possibility of your returns getting derailed due to high dependency on a small set of factors - this unique risk is called concentration risk. Why is this risk important? When we invest, we invest for our future, and our long-term goals – retirement, children’s education, wedding expenses, and more. Suppose, you invest in a mutual fund that is supposed to earn you a 15% return. However, if the mutual fund invests only in the infrastructure sector – this fund could be impacted by a multitude of macroeconomic factors such as interest rates, price of fuel, currency appreciation/depreciation, etc. In the time period of 2007-12, the infrastructure index gave an annualized return of -3% when compared to Nifty, which earned its investors a return of 7-8%. This is when diversification becomes important. Your portfolio should consist of sectors that complement one other. For instance, when oil and gas prices are on the rise, the energy sector is outperforming the market. However, the infrastructure sector which uses energy as input, or any sector which utilizes oil and gas as an input in their production would see an increase in costs – a decrease in stock price. Hence, these would move in opposite directions. If you had stocks from sectors that are moving in the opposite direction, you would either benefit from the net upside (Sector 1 increase + Sector 2 decrease), or you would limit your downside. Some sectors such as steel have long business cycles – they tend to have a longer slump (of greater than 10 years) due to macroeconomic conditions such as lower demand or higher supply, etc. If one invests in these sectors, there is a high risk of your portfolio underperforming the market. Consider a fund that invests in oil, steel, and other metals (they are also available as commodity indices). Oil and metals typically see simultaneous ups and downs in market cycles – this would mean higher risk and a higher impact on the portfolio of the fund. Marco-economic correlation Debt funds are impacted by a change in interest rates. When the RBI policy announces an increase in interest rates, the prices of the funds start to plummet if they have invested in long-term bonds (which are impacted the most). Similarly, there could be sectors that are impacted by interest rate movements or GDP movements. When there is a declaration of a decrease in interest rates by RBI’s monetary policy, NBFCs could gain from this move. The banking sector could be affected by this move due to a crunch in the interest margin i.e., profit for the bank – as the interest rates climb up, the profit margin increases and vice versa. However, this could also mean that the banks are able to borrow from the RBI at a cheaper rate. Large companies with stable cash flows will find cheaper debt financing options, and hence their stocks could also be on the rise. Hence, if one had only invested in the Banking and Financial sector (BFSI), one would see a drop in their portfolio. When there is an increase in interest rates and if one had invested in the Auto and Real estate sectors - despite having invested in two sectors, the impact would be negative. Beware of these correlations and invest in sectors that are least similar, so that your eggs cushion your portfolio during economic volatility. FAQs What causes concentration risk? Concentration risk is a result of uneven distribution of exposures (or loan) to its borrowers. How can you prevent concentration risk? You can prevent concentration risk by diversification across sectors, rebalancing your portfolio or by selling your certain investments. What is concentration risk? Concentration risk refers to anticipated loss in investments due to investing in multiple funds with the same or similar investment strategy. The loss cannot easily be remedied and hence, investors are advised to avoid it. What is concentration risk limited to equity funds? No, concentration risk is not limited to equity funds. It is also present in debt funds and it is important to understand the sectors and areas of investment of each fund to avoid this risk. Consult an expert advisor to get the right plan TALK TO AN EXPERT

IDBI Asset Management Limited handles substantial assets worth 3,935 crores and was established on January 25, 2010. It's existing mutual fund scheme offerings consist of 35 debts, 40 equity, and eight hybrid funds. IDBI Mutual Fund is an ancillary of the IDBI Bank and was incorporated under the Companies Act, of 1956. IDBI maintains a total asset worth in the range of Rs. 8949 cr distributed across several debts, equity, and LF (liquid funds) schemes. IDBI Mutual Fund is ancillary to IDBI Bank, a financial service provider that caters to clients looking for short-term and long-term investment opportunities. The IDBI Mutual Fund of IDBI, as envisioned by IDBI MF Trustee Company Ltd., is controlled by IDBI Asset Management Limited, with the fund house being funded by IDBI Bank. It employs more than 250 individuals across 15 branches spread throughout the country. The aim of IDBI Mutual Fund aims to enhance economic inclusion by encouraging investors to make sound investment decisions. It seeks to accomplish this through mutual funds, thus offering it the chance to witness capital markets' success. It contains a large number of funds with excellent CRISIL ratings. As a sponsor, IDBI isn't just one of India's biggest banks but also a significant contributor to its financial and industrial development. It has been a fixture in the financial sphere for more than 40 years. IDBI first started its operations as a development banking institution and a while later became a commercial bank. About IDBI mutual fund The incorporation of the Industrial Development Bank of India (IDBI) into the Government Company Act took place on 1 July 1964. The bank's main objective was to offer economic aid to the nation's weak industrial scene at the time. In its early years, IDBI was an ancillary of the Reserve Bank of India (RBI). However, it was eventually moved to the Government of India in 1976. The Government of India had to relinquish control of the bank after increasing pressure from economic circles. Currently, LIC owns a 51% majority stake in the bank. Thanks to the state's continued support over the years, IDBI has one of the biggest networks of ATM(s) and bank branches across the country. The bank has 1891 branches spread across all the nation's states and an international branch in Dubai. Hailed as a banking institution like no other, IDBI has aided the nation's financial sector's development, particularly in the pre-liberal era. It had a momentous role to play and caused a direct impact on the creation of several federal financial firms, including the Securities and Exchange Board of India (SEBI), National Securities Depository Limited (NSDL), Indian National Stock Exchange (NSEI), and Stock Holding Corporation of India Limited (SHCIL). IDBI Mutual Fund Name of the AMCIDBI Asset Management Company Ltd.Incorporation DateJanuary-25-2010SponsorsIDBI Bank Ltd.TrusteeIDBI MF Trustee Company Ltd.Trustees' NameMr. Rakesh Sharma - Chairman Mr. Jorty M. Chacko - Director Ms. Geeta P. Shetti - Independent Director Mr. A. V. Rammurty - Independent Director Mr. Arvind Kumar Jain - Independent DirectorMD/CEOMr Dilip Kumar MandalCIOMr V. BalasubramanianCompliance OfficerMr. Chandra BhushanInvestor Relations OfficerMr. S.V. DurgaprasadRegistrar and Transfer agentKevin Technologies Private Limited (Formerly known as Karvy Fintech Private Ltd) Unit: IDBI Asset Management Company Ltd. Karvy Selenium Tower B, Plot No 31 & 32 Gachibowli, Financial District, Nanakramguda, Serilingampally, Hyderabad – 500 032 Contact Person: Mr. S. V. Durga PrasadTelephone: 022-6644 2800 Email: contactus@idbimutual.co.inth Toll-free Number1800-419-4324Email Addresscontactus@idbimutual.co.inRegistered AddressIDBI Asset Management Company Ltd. 5th floor, Mafatlal Centre, Nariman Point Mumbai - 400021 10 top-performing IDBI mutual fund schemes IDBI has mutual funds in almost all categories permitted by the Securities and Exchange Board of India or SEBI. Here is a list of the ten best-performing IDBI mutual fund schemes in India. 1. IDBI Liquid fund IDBI Liquid Fund is an open-ended liquid scheme with a NAV of 2200.2867. Its objective is to offer investors an alternative to bank accounts/deposits. It was launched on 09th July 2010 and has delivered average annual returns of 7.32% since its inception. The fund considers CRISIL Liquid TRI as its benchmark. Key information Minimum InvestmentINR 5000 and in multiples of INR 1 thereafterMinimum Additional InvestmentINR 1000 and in multiples of INR 1 thereafterMinimum SIP InvestmentINR 500/month (12 months) INR 1000/month (6 months) INR 1500/quarter (4 quarters)Minimum WithdrawalINR 1000 and in multiples of INR 1 thereafter for a minimum period of 6 monthsExit Load0.0070% if redeemed within 1 day since the date of allotment with a 0.0005% depreciation for each following day until day 6; nil for redemption from day 7 onwardsReturn Since Inception7.32%AssetsINR 1,114 Cr (as of 31st March 2021)Expense Ratio0.17% 2. IDBI Nifty Index Fund IDBI Nifty Index Fund is an open-ended scheme replicating/tracking the Nifty Next 50 Index and has a NAV of 26.1412. Its objective is to invest only in every stock that comprises the Nifty Next 50 Index in the same weights as these stocks to recreate the performance of the TRI of the Nifty Next 50 Index. It was launched on 25th June 2010 and has delivered average annual returns of 9.27% since its inception. The fund considers NIFTY 50 TRI as its benchmark. Key information Minimum InvestmentINR 5000 and in multiples of INR 1 thereafterMinimum Additional InvestmentINR 1000 and in multiples of INR 1 thereafterMinimum SIP InvestmentINR 500/month (12 months) INR 1000/month (6 months) INR 1500/quarter (4 quarters)Minimum WithdrawalINR 1000Exit LoadNilReturn Since Inception9.28%AssetsINR 264 Cr (as of 31st March 2021)Expense Ratio1.03% 3. IDBI Flexi Cap Fund IDBI Flexi Cap Fund is an open-ended scheme equity scheme investing across small-cap, mid-cap, and large-cap stocks and has a NAV of 26.48. Its objective is to offer investors the option for capital appreciation in the long term through investment in a diversified portfolio of equity and equity-related instruments. It was launched on 28th March 2014 and has delivered average annual returns of 14.77% since its inception. The fund considers S&P BSE 500 Index-TRI as its benchmark. Key information Minimum InvestmentINR 5000 and in multiples of INR 1 thereafterMinimum Additional InvestmentINR 1000 and in multiples of INR 1 thereafterMinimum SIP InvestmentINR 500/month (12 months) INR 1000/month (6 months) INR 1500/quarter (4 quarters)Minimum WithdrawalINR 1000Exit Load1% for redemption within 365 daysReturn Since Inception14.77%AssetsINR 315 Cr (as of 31st March 2021)Expense Ratio1.03% 4. IDBI Equity Savings Fund IDBI Diversified Equity Fund is an open-ended equity scheme investing in arbitrage, equity, and debt and has a NAV of 19.2113. Its objective is regular income generation by investing in the money market and debt instruments through the usage of arbitrage and other derivative strategies. It was launched on 07th March 2011 and has delivered average annual returns of 6.66% since its inception. The fund's benchmark is divided as 40% of the CRISIL Liquid Fund Index + 30% CRISIL Short Term Bond Fund Index + 30% of the Nifty 50 Index- TRI. Key information Minimum InvestmentINR 5000 and in multiples of INR 1 thereafterMinimum Additional InvestmentINR 1000 and in multiples of INR 1 thereafterMinimum SIP InvestmentINR 500/month (12 months) INR 1000/month (6 months) INR 1500/quarter (4 quarters)Minimum WithdrawalINR 1000Exit Load1% for redemption within 365 daysReturn Since Inception6.66%AssetsINR 11 Cr (as of 31st March 2021)Expense Ratio2.13% 5. IDBI Small Cap Fund IDBI Small Cap Fund is an open-ended fund equity scheme predominantly investing in small-cap stocks and has a NAV of 12.53. Its objective is to offer investors opportunities to invest money for the long-term (3-4 years at least) who are looking for high returns. It was launched on 21st June 2017 and has delivered average annual returns of 6.06% since its inception. The fund considers NIFTY Smallcap 250 TRI as its benchmark. Key information Minimum InvestmentINR 5000 and in multiples of INR 1 thereafterMinimum Additional InvestmentINR 1000 and in multiples of INR 1 thereafterMinimum SIP InvestmentINR 500/month (12 months) INR 1000/month (6 months) INR 1500/quarter (4 quarters)Minimum WithdrawalINR 1000Exit Load1% for redemption within 365 daysReturn Since Inception6.06%AssetsINR 11 Cr (as of 31st March 2021)Expense Ratio2.50% 6. IDBI Ultra Short-Term Fund IDBI Ultra Short Term Fund is an open-ended, ultra-short-term debt scheme and has a NAV of 2171.2407. Its objective is to offer investors regular income for their investments by investing in the money market and debt instruments. It was launched on 03rd September 2010 and has delivered average annual returns of 7.56% since its inception. The fund considers CRISIL Ultra ST Debt TRI as its benchmark. Key information Minimum InvestmentINR 5000 and in multiples of INR 1 thereafterMinimum Additional InvestmentINR 1000 and in multiples of INR 1 thereafterMinimum SIP InvestmentINR 500/month (12 months) INR 1000/month (6 months) INR 1500/quarter (4 quarters)Minimum WithdrawalINR 1000Exit LoadNilReturn Since Inception7.56%AssetsINR 335 Cr (as of 31st March 2021)Expense Ratio0.60% 7. IDBI Banking & Financial Services Fund IDBI Banking & Financial Services Fund is an open-ended equity scheme that invests in the financial and banking services sector. It has a NAV of 11.47 and its objective is to offer investors maximum growth opportunities and attain long-term capital appreciation by investing in equity and equity-related instruments of organizations engaged in the banking and financial services sector. It was launched on 04th June 2018 and has delivered average annual returns of 4.89% since its inception. The fund considers NIFTY Financial Services TRI as its benchmark. Key information Minimum InvestmentINR 5000 and in multiples of INR 1 thereafterMinimum Additional InvestmentINR 1000 and in multiples of INR 1 thereafterMinimum SIP InvestmentINR 500/month (12 months) INR 1000/month (6 months) INR 1500/quarter (4 quarters)Minimum WithdrawalINR 1000Exit Load1% for redemption within 365 daysReturn Since Inception4.89%AssetsINR 335 Cr (as of 31st March 2021)Expense Ratio2.49% 8. IDBI India Top 100 Fund IDBI India Top 100 Fund is an open-ended equity scheme that invests in large-cap stocks and has a NAV of 30.95. Its objective is to offer investors opportunities for capital appreciation in the long term through investment in equity and equity-related instruments. It was launched on 15th May 2012 and has delivered average annual returns of 13.48% since its inception. The fund considers NIFTY 100 TRI as its benchmark. Key information Minimum InvestmentINR 5000 and in multiples of INR 1 thereafterMinimum Additional InvestmentINR 1000 and in multiples of INR 1 thereafterMinimum SIP InvestmentINR 500/month (12 months) INR 1000/month (6 months) INR 1500/quarter (4 quarters)Minimum WithdrawalINR 1000Exit Load1% for redemption within 365 daysReturn Since Inception13.48%AssetsINR 427 Cr (as of 31st March 2021)Expense Ratio2.53% 9. IDBI Focused 30 Equity Fund IDBI Focused 30 Equity Fund is an open-ended equity scheme that invests in a maximum of 30 predominantly large-cap stocks and has a NAV of 12.11. Its objective is to offer capital appreciation in the long term through investment in a concentrated portfolio of large-cap-focused equity and equity-related instruments. It was launched on 17th May 2017 and has delivered average annual returns of 5.75% since its inception. The fund considers NIFTY 100 TRI as its benchmark. Key information Minimum InvestmentINR 5000 and in multiples of INR 1 thereafterMinimum Additional InvestmentINR 1000 and in multiples of INR 1 thereafterMinimum SIP InvestmentINR 500/month (12 months) INR 1000/month (6 months) INR 1500/quarter (4 quarters)Minimum WithdrawalINR 1000Exit Load1% for redemption within 365 daysReturn Since Inception5.75%AssetsINR 136 Cr (as on 31st March 2021)Expense Ratio2.47% 10. IDBI Midcap Fund IDBI Midcap Fund is open-ended equity that invests in predominantly mid-cap stocks and has a NAV of 14. Its objective is to offer investors opportunities for capital appreciation in the long term through investment in equity and equity-related instruments of mid-cap companies. It was launched on 25th January 2017 and has delivered average annual returns of 8.27% since its inception. The fund considers NIFTY Midcap 100 TRI as its benchmark. Key information Minimum InvestmentINR 5000 and in multiples of INR 1 thereafterMinimum Additional InvestmentINR 1000 and in multiples of INR 1 thereafterMinimum SIP InvestmentINR 500/month (12 months) INR 1000/month (6 months) INR 1500/quarter (4 quarters)Minimum WithdrawalINR 1000Exit Load1% for redemption within 365 daysReturn Since Inception8.27%AssetsINR 188 Cr (as of 31st March 2021)Expense Ratio2.59% How can you invest in IDBI Mutual Fund via EduFund? Investing in IDBI mutual funds via Edufund is a fairly straightforward procedure. Step 1 - Download and install the EduFund app from Apple's App Store or Google's Play Store and set up an account. Step 2 -  Choose a Scheme. Peruse the huge spectrum of IDBI mutual fund instruments and select the best scheme to meet your financial objectives. The app's built-in recommendation algorithm determines and proposes the scheme that will best meet your financial objectives. Step 3 - Observe and Follow Your Transaction(s). The amount of money and assets you have put in will be displayed in your EduFund online account within 96 hours. You can also monitor and follow the IDBI mutual fund NAV, existing account balance, and other details through the app. Additionally, you may also buy, reclaim, or swap IDBI mutual fund units. Step 4 - Talk to a wealth advisor. You can reach out to a mutual fund expert to share your financial objectives and goals to gain tailored advice. EduFund uses top-class authentication and encryption technologies to ensure bank-like secured transactions and safeguard your investments. Top 4 best-performing Fund managers at IDBI Mutual Fund IDBI MF has a dedicated squad of fund managers who possess a strong mix of knowledge and experience in their chosen fields to uncover opportunities and coordinate portfolio management to maximize fund returns. 1. Raju Sharma Mr. Sharma is currently successfully handling the fixed income section of the financial institution, such as the IDBI Hybrid Equity Fund (Debt Portion) and IDBI Liquid Fund. He possesses over 25 years of strong industry experience in treasury, financial services, and debt capital markets. Prior to working for IDBI fund house, he had been associated with prestigious banking institutions such as Indiabulls MF, Tata Mutual Fund, and JM Morgan Stanley. 2. Uma Venkatraman With more than 15 years of industry experience in the sphere of financial services, Mrs. Venkatraman specializes in the equity segment. Before becoming selected as the fund manager, she directed IDBI's research function. Prior to joining IDBI Mutual Fund, she was associated with numerous reputable financial institutions such as ASK Raymond James, B&K Securities, ASK Raymond James, Morgan Keegan, and UTI Mutual Fund. 3. Bhupesh Kalyani Mr. Kalyani possesses a wealth of work experience amounting to around 16 years, with a major emphasis on managing and handling fixed-income funds. He is responsible for managing the IDBI Short-Term Bond Fund, IDBI Ultra Short-Term Fund, & IDBI Credit Risk Fund. Prior to his appointment as the fund manager, he was associated with TATA MF, LIC MF, and Star Union Dai-ichi Life Insurance Co. Ltd. 4. Ashish Mishra Mr. Mishra has a rich work experience of 13 years in the industry. He presently manages funds such as IDBI Focused 30 Equity Fund, IDBI Diversified Equity Fund, IDBI Gold Exchange Traded Fund, IDBI Midcap Fund, and IDBI Gold Fund. Prior to entering IDBI MF as the Fund Manager, he was associated with reputable institutions such as Union Bank of India (Treasury) and ING Investment Management India Pvt. Ltd 5. Ms. Ayushi Sethia Ms. Ayushi Sethia is the commissioned Co-Fund Manager for three of IDBI's mutual fund schemes. She presently supervises the IDBI Long Term Value Fund, IDBI Equity Advantage Fund, IDBI Banking, and Financial Services Fund. In total, she is responsible for handling Rs. 923 crore assets. Ms. Sethia is a student at the University of Jadavpur, having completed her Bachelor of Science degree with a specialization in Mathematics. She graduated from ISB with an MBA in Finance and Strategy. IDBI appointed her in May 2018. Prior to joining IDBI Asset Management Ltd., she used to hold the position of a junior research analyst at Quant One Technologies Pvt. Ltd. Why should you invest in IDBI Mutual Fund? IDBI Asset Management Limited maintains Rs. 3935 crores worth of assets. IDBI MF has been identified as one of the top-performing financial products and investment schemes presently accessible on the Indian financial market. Its primary products, such as debt, equity, gold, and hybrid funds, provide yearly returns as high as 13.2% against the invested amount. Its present mutual fund scheme offerings consist of 40 equity, 35 debt, and eight hybrid funds. Irrespective of whatever your investment objective might be, you can acquire an IDBI mutual fund scheme to meet those financial goals. You can also avail the seasoned and accomplished fund managers at the IDBI mutual fund to make a stock market or secondary market investment easier for you. Select EduFund for investing in IDBI Mutual fund EduFund makes it easy and convenient to put money in the IDBI Mutual Fund. EduFund's knowledgeable advisors will provide you with tailored solutions to all your economic objectives. You get the following benefits with EduFund: Tailored research-based financial plan: EduFund's advanced fund tracker algorithm analyses more than 1 lakh data points and 400 financial contexts to identify the best mutual fund scheme for you. Customer-friendly consultants help you create a financial plan: EduFund's consultants are equipped to deal with all types of consumer queries. They give you as long as you need to fix all your problems to create a solid financial plan. Invest less, earn more: Apart from providing services pertinent to the best Indian mutual funds, EduFund also provides you with the facility to put money in US Dollar ETF(s) and international mutual funds. Utilize free tools: EduFund enables providing several free tools for its clients, such as the SIP calculator, college savings calculator, and more. Zero technical expertise required: Investing in a mutual fund becomes easy for you with EduFund. You don't need to possess financial know-how to identify the best mutual fund because EduFund does it for you. Value-added benefits: You stand to gain numerous value-added perks, such as free consultations, zero commission, and no hidden charges. Secure transactions: EduFund is RIA-registered and uses top-class 128-SSL security to enable safe transactions. FAQs What is the best IDBI mutual fund? Top-rated IDBI mutual funds: IDBI Liquid fund IDBI Nifty Index Fund IDBI Flexi Cap Fund IDBI Equity Savings Fund IDBI Small Cap Fund Are IDBI mutual funds good?   IDBI Mutual Fund is ancillary to IDBI Bank, a financial service provider that caters to clients looking for short-term and long-term investment opportunities. It has been a fixture in the financial sphere for more than 40 years. IDBI first started its operations as a development banking institution, and a while later became a commercial bank. Its primary products, such as debt, equity, gold, and hybrid funds, provide yearly returns as high as 13.2% against the invested amount. Its present mutual fund scheme offerings consist of 40 equity, 35 debt, and eight hybrid funds. Please talk to a financial expert before considering investing in this fund.   Can I withdraw the mutual fund anytime?   You can withdraw your mutual fund investment anytime unless it’s Equity Linked Saving Scheme (ELSS) which has a lock-in period of 3 years. But investors should keep in mind if there is any exit load applicable on investments which is the charge deducted by AMCs to discourage investors from withdrawing the money prematurely.     Can I sell mutual funds anytime?   You can sell your mutual fund holdings anytime, but early redemption charges may apply based on the mutual fund you own. A few mutual fund companies have an exit load to restrict investors from selling their holdings before the minimum holding period.    

Managed funds have proved advantageous to investors because it helps to achieve the desired investment goals in a hassle-free manner. It is impossible for individuals to have an in-depth knowledge of the market, and as a result, the chance of making mistakes and suffering loss is high.  Managed funds under a reputable company will, in most cases, lead to potential growth and result in high yields. It is the fund manager who is ultimately responsible for spreading the total money collected across different sectors and investments. What are Managed Funds? Managed funds are referred to as investment vehicles or a portfolio of investments managed by a fund manager on behalf of the investors who have pooled their money and contributed towards the funds. The fund manager makes the decision to invest in different sectors or asset classes based on the fund’s objectives and due diligence, makes strategies, considers the risk profile, tracks the investments, and makes viable decisions to garner maximum benefits.   Investors can buy managed funds directly from a management company, for example, Edufund, which gives potential investors a chance to choose the best possible fund that will meet their personal needs or via share markets.  Edufund has capable and experienced financial experts, who with the help of the available resources, make efficient investment decisions. Advantages of managed funds 1. Professional management Managed funds are handled by qualified professionals who are experts in this field. Their knowledge and understanding prove a boon for investors who want to invest but do not want to do the work involved in the process. The fund managers have extensive contacts and tools that give them access to important information that is used in making timely and informed decisions. Professional management by fund managers is a blessing in disguise as it gives the investors privy to sectors in which they have no experience.  Edufund helps investors choose the best possible managed fund that will suit their requirements. The consultants are just a call away to address investor concerns and guide them to the best-managed funds.  2. Spread investments  Managed funds help to spread the investors’ money across a wide range of sectors or asset classes. The individual investor does not have the necessary tools for due diligence across the whole market. The fund manager has an expert team at his disposal to make viable decisions that will prove fruitful in the long run. 3. Beginners guide New investors do not have the understanding to get started with a bang. The advantage of Managed funds is that they can act as a beginner’s guide and help new investors test the waters and start investing at minimum risk 4. Access to markets and strategies The advantage of Managed funds is that they offer investors access to markets and well-crafted strategies that would not have been available for private or new investors in normal circumstances. 5. Meet the personal requirements of individual investors As there is a wide range of managed funds, it is possible to meet the personal requirements of individual investors easily. Managed funds provide solutions to nearly every individual investor, whether they are looking for low-risk/high-risk investments or stable/high-growth opportunities.  6. Income Opportunities The benefit of managed funds is that they provide income opportunities to the investors who take advantage of the manager’s knowledge to increase their gains. 7. Does not require expert investors Managed funds do not need investors to have an in-depth knowledge of the market. Instead, it is the experience and expertise of the manager that matters in handling investments, as they are the ones to make decisions on behalf of the investors. 8. Viable decisions  The advantage of investing in managed funds is that the fund manager does not make random decisions. Instead, they look at the fund’s objectives and choose investments based on the set rules. The fund manager is paid for their efforts in choosing and administering the managed funds effectively. 9. Managing risks All the investment opportunities carry risk because there are very few investments in the world that will offer good returns without any risk factor. The advantage of managed funds is that the fund manager is ready with their strategies to handle the risk factor. With the help of available tools, they divide the asset class in such a manner that the risk is divided, and at the end of the day, the managed fund can balance out any negative impacts and ultimately offer higher returns. TALK TO AN EXPERT

In India, scholarships for female students are intended to foster improved educational and professional prospects for women who have not yet caught up to their male counterparts in terms of various socioeconomic indicators. It is an ongoing social and governmental endeavor to level the playing field for women in our society.  However, given the chance, women can compete with males in both the professional and academic spheres. Women-specific scholarships play a key role in encouraging them to overcome their financial challenges and seek academic and professional prospects.   In recent years, numerous public and private organizations in a variety of fields, including management, aviation, hospitality, science and research, and the military, have offered scholarships and grants to women in an effort to encourage the good half of society to pursue educational opportunities.  Santoor Women’s scholarship  The purpose of the Santoor Women's Scholarship is to support female students who have completed class 12 and want to pursue higher education in the humanities, liberal arts, and sciences. The scholarship is offered by Wipro Consumer Care and Wipro Cares. 900 female students from Andhra Pradesh, Karnataka, and Telangana were awarded the scholarship.  Award: A yearly salary of Rs. 24,000.  Female students from AP, Karnataka, and Telangana who've already completed class 12 in the most recent academic year to a public school or junior college and class 10 from a local government school are eligible. They must also decide to enroll full-time in a certificate or bachelor's program with a least 3-year duration and come from such an impoverished and deprived background.  Application Process: August or September.  Adobe research women-in-technology scholarship  The purpose of this Scholarship is to grant female enrollments in undergraduate or master's programs in computer science, computer engineering, or a closely related technical field with each scholarship award worth USD 10,000. Application process for the Adobe Research Women in Technology Scholarship must include a resume, academic transcripts, three references, four essays, and an additional 60-second video outlining the applicant's ideal job.  Award: USD 10,000, a one-year Creative Cloud subscription, a research mentor from Adobe, and a chance to apply for an internship with the company.  Eligibility: Must be a full-time undergraduate or graduate student in the current academic year, major in computer science, computer engineering, or a related technical field, have a strong academic record, and have no immediate family members employed by Adobe Research.   Application Process: September through November Pragati Scholarship – AICTE-Scholarship Scheme to Girl Child (SSGC)  The Pragati Scholarship is intended for female students who have been admitted to a diploma or degree program in the first year at an AICTE-approved institution. Each year, this scholarship program for women awards up to INR 30,000 in scholarships to 4000 female students who wish to pursue higher education.  Award: Each year, incidental expenses are paid at the rate of INR 2000 per month for 10 months, or INR 30,000, whichever is less than the actual tuition price amount.  Eligibility for the scholarship is limited to two girls per family and includes only female students who have been admitted to the first year of a diploma or degree program at an AICTE-approved institution for the current academic year.  Application Process: November and December.  Glow and Lovely Scholarship  The Glow and Lovely Scholarship was created to assist college-bound female students in pursuing their undergraduate or graduate degrees from a government-recognized Indian university or institution. The scholarship sum ranges from Rs. 25,000 to Rs. 50,000. 55 female students in all are chosen for this scholarship program.  Award: Rs. 25,000 to 50,000   Eligibility: Girl students should be between the ages of 15 and 30, have grades of at least 60% in classes 10 and 12, earn no more than INR 6 lakh annually, and be enrolled in a graduate or post-graduate program or taking coaching sessions.  Application: September and October. Prabha Dutt Fellowship  The Prabha Dutt Fellowship, established by Sanskriti Pratishthan, provides mid-career women journalists with a grant of INR 1,00,000 to support their pursuit of worthwhile projects on issues with current relevance. You can submit the project in Hindi, English, or any other regional tongue. Candidates must submit their resumes together with a 250–300-word essay outlining their projects.  Fellowship for 10 months with a payment of INR 1,000,000 is awarded in two stages: first, at the start of the project, and second, after the project is submitted.  Open to female newspaper reporters who are between the ages of 25 and 40.  Application: Year-round  These scholarships for female students are a great opportunity to finance their dreams. It helps them achieve financial freedom and the ability to kickstart their careers.  Consult an expert advisor to get the right plan TALK TO AN EXPERT

With the increasing cost of higher education, it is becoming increasingly difficult for students to pursue higher education. The high education cost has been one of the main reasons for worry amongst the students. To avoid losing opportunities, students often turn to financing their education via education loans.  But education loan isn’t always that simple. With procedural and interest rate variations, practically all banks and financial organizations provide education loans. The tricky part is figuring out the EMI. Some of these loans are given at a very high interest rate making them more expensive. Herein lies the importance of the education calculator, it enables you to make the best choices. It is important to know and calculate the EMI costs beforehand for what amount the loan is taken along with its interest rate and the repayment time/tenure.  Advantages of using an education loan calculator  One benefit of using an EMI calculator for student loans is that you can see the results right away. Using a loan calculator is very convenient. You may obtain your EMI by entering the loan amount, interest rate, and loan tenure without having to perform any complex calculations. Additionally, these EMI calculators are free and simple to use.  Benefits of education loan calculator  Let’s find out the benefits of education loan calculators:   Saves time and effort: People can easily know the EMIs they will be required to pay by using an education loan calculator. The need to invest your own time and effort for the interest EMI calculations is eliminated.  They are not required to spend time performing manual calculations. The calculator will show customers how much they would need to pay in EMIs when they enter the loan amount, interest rate, and loan tenure.  Results that are accurate: If one is not precise and careful with the numbers when calculating the EMI amount, there is always a chance for error. On the other hand, using education loan calculators guarantees precise outcomes.  Financial planning aid: Users can determine the amount they would be required to pay in the form of EMIs by entering important information about an education loan into the calculator. Knowing this is crucial since it helps them assess their financial situation and determine whether they can afford the loan and also helps them formulate a strategy for loan repayment.  Personalized calculations for EMIs: You can easily personalize your EMIs to your needs and establish your repayment schedules accordingly with the help of online EMI loan calculators. You can experiment with different numbers with the input variables to examine the several EMI alternatives accessible to you in order to choose the one that best suits your needs. You can choose the amount of your EMI, the length of time you want to repay your education loan, the banks that offer you the greatest interest rates, and repayment terms using these online loan calculators. Also read: What are the benefits of education loans in India?  Factors affecting interest rates on Education loan  Type of educational institution: Chances are that a lesser interest rate would be levied if the applicant had been accepted into one of the best colleges in India or overseas. In addition, banks might not demand collateral.  Gender: It has been noticed that most institutions provide female students with a lower interest rate than they do male students. The major goal of this is to inspire young girls to continue their studies and flourish in the classroom.  Credit history of parent or guardian: When a child applies for an education loan, the parent or guardian often serves as the guarantor. This is also the case when the student does not have a credit history the lender would require a family member or guardian to be the guarantor of the loan. In instances like this, it is vital for the guarantor to hold a good credit score so as to ensure that the loan application is not rejected.  A credit score of the applicant: The lender may be willing to offer a lower interest rate on an educational loan if the applicant himself or herself has a good credit score. The higher the credit rating, the lower will be the interest rate charged. Maintaining a score above 750 is always advised since the applicant will be regarded as a creditworthy customer.  This is why using an education loan calculator can be a benefit for those planning to take the loan. It helps you determine the final amount, personalizes your EMIs, and figures out the best course of action before making a life-changing commitment.   Finding the best education loan is tough but we can simplify it for you! Connect with our experts today to find the best and low-interest education loans for your child’s bright future. 

ICICI is a leading Asset Management Company (AMC) in the country focused on bridging the gap between savings and investments and creating long-term for investors through a range of simple and relevant investment solutions.   Let us talk about the flagship product – ICICI Prudential Large and Mid Fund. About ICICI Prudential Large & Mid Fund  Investment objective To generate capital appreciation through investments in equity & equity-related instrument of large-cap & mid-cap companies.  Investment process   The ICICI Prudential Large & Mid Fund follows a blended style of investing which consists of growth and value stocks of large and mid-cap companies. The Scheme will aim to hold optimum exposure to large and mid-cap stocks depending on the fund manager's view on market valuations.   The portfolio construction involves investing in high-conviction quality stocks. The Scheme will remain sector agnostic and would use a combination of top-down and bottom-up research for stock selection. A top-down approach will be based on macroeconomic conditions, and underlying trends while a bottom-up approach shall be followed for selecting stocks with growth and value prospects, low leverage levels, good corporate governance, robust financials, and good cash flow management.  Portfolio composition  The portfolio holds the major exposure in large-cap stocks at 56% and sectorally major exposure is to financial services that account for almost 29% of the portfolio. The top 5 sectors hold nearly 67% of the portfolio. Note: Data as of 31st Nov 2022. Source: Value Research Top 5 holdings Name Sector Weightage % HDFC Bank Financial 8.06 Bharti Airtel Communication 5.63 ICICI Bank Financial 5.09 Infosys Technology 3.36 NTPC Energy 3.34 Note: Data as of 31st Nov 2022. Source: Value Research  Performance over 28 years  If you would have invested 10 lakhs at the inception of the fund, it would be now valued at Rs 5.87 crore. Note: Performance of the fund since launch; Inception Date – Jul 09, 1998, till Dec 09, 2022. Source: Moneycontrol The ICICI Prudential Large & Mid Fund has given consistent returns and has outperformed the benchmark over the period of 24 years by generating a CAGR (Compounded Annual Growth Rate) of 18.22%. Fund manager  Ihab Dalwai is the Fund Manager for ICICI Prudential Large & Mid Fund and has been associated with ICICI Prudential AMC since April 2011.  Who should invest?  Investors looking to  Hold a portfolio of majorly large-cap and mid-cap companies  Build core equity portfolio for long-term wealth creation with steady growth  Why invest?  ICICI is a renowned name in the finance industry with a proven track record  Strong stock selection approach with the top-down and bottom-up approach  Horizon  One should look at investing for a minimum of 5 years or more  A systematic investment Plan (SIP) is an ideal way to take exposure as it helps tackle market volatility  Conclusion  The ICICI Prudential Large & Mid Fund has delivered consistent returns over 24 years with a proven track record and has delivered 18.22% CAGR consistently. Thus, suitable for investors who want a focused portfolio of large-cap & mid-cap companies.

Ever wondered why is education in India so expensive? What is the driving force behind the growing prices in the field of education? In India, primary school education alone costs ₹1.25 lakh to ₹ 1.75 lakh yearly. Education is one of the few areas of the Indian development program experienced tremendous success. The gender enrollment gap has decreased up to secondary education, while enrollment in schools and higher education has increased dramatically. But the findings of the 75th round of the NSSO survey on "Household Social Consumption of Education in India," which was conducted from July 2017 to June 2018, are quite unsettling. The growth of education has generally resulted in a rising household financial load, making education further than the second level almost unattainable for the majority of working people, and even schooling has costs for families that can be very significant. Why are households required to pay such high costs when a sizable portion of enrollment is in public institutions, which ought to be far more open to everyone? The Right to Education Act of 2009 mandated that schooling up to the age of 14 would be free and necessary, and the spirit of that legislation plainly called for the state to cover the costs of primary learning. Additionally, there are other expenses related to education, such as textbooks, uniforms, and transportation, which increase the financial strain on families. And very few pupils received any help in this regard. It is remarkable that higher secondary education costs are particularly expensive for private, unaided institutions almost as high as post-graduate costs. In essence, this implies that not only the poor but now even members of the middle class are virtually shut out of postsecondary education. Naturally, gender differences continue to widen after these stages as families become less willing to spend as much money on the education of girls. The statistics are ominous. In metropolitan locations, it would cost close to 40% of a casual laborer's salary to educate two children (assuming 20 days of work per month, which may be an overestimate). Rural wage earners have smaller proportions, primarily because they are essentially barred from pursuing higher education for their offspring. The poll reveals that just a small percentage of households made an attempt at it, and less than 0.5 percent of households with casual employees in remote areas had anyone enrolled in graduate school. Average monthly costs for students in rural homes with casual labor went from 335 for secondary school to 576 for higher education to more than 12,220 for diplomas and certifications. It is important to keep in mind that the actual fees make up just a small portion of the overall costs associated with schooling. 43% of all educational costs in rural areas versus 57% in urban areas were covered by institution fees, which include not only tuition but also examination fees, "development" fees, and other charges. Particularly in rural places, a sizable portion of the budget is spent on books and other materials, and transportation expenses are high everywhere. Interestingly, private tuition fees continue to be substantial, indicating that despite the relatively high charges, the quality of the learning given by institutions is insufficient to satisfy the expectations of students. This implies that the recent increase in enrollment has come at a significant cost to families, particularly those who are less wealthy, who might have had to trade their few possessions or incur debt in order to provide for their children's education. Given the dire status of the employment market, these hopes for improvement through education are becoming more and more dangerous. Unfair accessibility and high personal expenditures associated with educating more young people could very well have a domino effect on society; immediate legislative change is required for both employment circumstances and educational access. The education sector is unfairly affected by inflation. Pushing the costs of education higher than any other sector in the market. The only way to ensure your child has access to a good education and ample opportunities is to start saving when they are young. Consult an expert advisor to get the right plan TALK TO AN EXPERT

The Cost of an MBA in the USA for Indian Students can be around Rs. 50,00,000 - Rs 1,00,00,000 for top universities.  The most popular and highly desired degree among current international students is the MBA. The 2 - year MBA program in the USA trains students for leadership and management roles. It is undoubtedly among the most expensive degrees since it is one of the most sought-after.   Although the USA is one of the most expensive countries in which to pursue an MBA, the demand for the program has not reduced. While the prices can be intimidating for students, the investment is worthwhile. You can find all the details about the best MBA schools in the USA in our guide, including information on costs, living expenses, and more. How much does an MBA cost in the United States?  The average cost of an MBA in the USA is between $1,60,000 and $1,80,000 per year. This sum accounts for living costs while doing an MBA in the United States, which range from $ 8,000 to $ 10,000 per month.   MBA prices in the United States range from 60,000 to 80,000 USD annually.  It is critical to mention that the cost of an MBA in the United States for an Indian student strongly relates to their selected university and style of life. CALCULATE COST Costs paid by students before traveling to the USA  Some costs, primarily pre-arrival costs, are not typically covered by top institutions in the USA's cost of attendance. The pre-arrival costs associated with an MBA in the USA are entirely out-of-pocket costs that must be taken into account since they are not reimbursed either by scholarships or financial assistance.  From application form fees to foreign entrance exam fees like GMAT, IELTS, or TOEFL, students have to pay for them on their own.  American living expenses for foreign students  Living expenditures play a significant role in determining the price of an MBA in the United States. In contrast to India, the USA has a high cost of living. Rent, food, groceries, transportation, health insurance, and other costs are your responsibility. Depending on where you are in the USA and your preferences, the monthly costs associated with USA MBA tuition for Indian students can also change.  Your monthly living expenses in the USA will be between $800 and $1000, or roughly $10,000 to $12,000 annually. For Indian students, the typical cost of living will be between 60,000 and 80,000 INR. A $500–$1000 annual premium for health insurance will also be required of you. US MBA employment and compensation data  There is going to be high demand for MBA employment in the USA regardless of market growth or recession. MBA salaries are relatively high for popular MBA job titles, and with time, one can succeed in his or her profession. The opportunity to work for many of the largest companies in the world is available to MBA graduates. Working with Fortune 500 firms is a fantastic opportunity that top business schools in the USA provide. Top tech companies like Amazon, Google, Microsoft, and eBay as well as well-known consulting firms like McKinsey & Company, Boston Consulting Group Inc. (BCG), Bain & Company, and Deloitte favor hiring candidates from well-known MBA institutions in the United States.  Consult an expert advisor to get the right plan TALK TO AN EXPERT FAQ How much does an MBA cost in the USA for international students? The annual cost of tuition for an MBA in the United States ranges from USD 45,000 to USD 77,000 (32.9 Lakhs INR to 58.5 Lakhs INR).  Is an MBA in the USA worth it?  The Graduate Management Admissions Council (GMAC) predicted that MBA graduates working for US corporations in 2022 will earn a median annual income of $115,000 based on a poll of corporate recruiters in that year. Earnings for those without an MBA were predicted to be substantially lower, at $75,000 for bachelor's university grads. Can I do an MBA for free in the USA?  It is difficult to pursue a free MBA in the USA; very few institutions provide such courses. However, several universities provide full scholarships for MBA programs in the USA. How much does an MBA cost? Although an MBA program's annual tuition fees might range from just under $20,000 to more than $80,000, the true cost of receiving an MBA on-site is significantly higher than just tuition. The costs of textbooks, transportation, lodging and board, and campus fees all add to the bottom line.

UTI is one of the pioneers of the Indian Mutual Fund Industry. With over Rs 2.4 Lakh crore, the AMC is one of the most trusted names in the mutual fund space. The AMC offers products across asset classes.   Let us talk about the flagship product – UTI Healthcare Fund. What is UTI Healthcare Fund? Investment objective The UTI Healthcare Fund seeks to generate long-term capital appreciation for investors by investing in equity and related securities of multi-cap companies which are involved in Health care activities.  Investment process   The UTI Healthcare Fund uses the tactical approach which takes a high risk and has the potential to deliver high returns. Source: utimf.com  Portfolio composition  The portfolio holds the major exposure in large-cap stocks at 44% and sectorally major exposure is to healthcare which accounts for roughly 98% of the portfolio. Note: Data as of 30th Nov 2022. Source: Value Research  Top 5 holdings Name Sector Weightage % Sun Pharmaceutical Healthcare 13.02 Cipla Healthcare 9.34 Dr. Reddy’s Laboratories Healthcare 7.27 Apollo Hospitals Enterprise Healthcare 5.83 Aurobindo Pharma Healthcare 4.33 Note: Data as of 30th Nov 2022. Source: Value Research  Performance since launch  If you would have invested 10 lakhs on 30 July 2005, it would be now valued at Rs 83.42 lakhs. Note: Performance of the fund, Date – July 30, 2005, to December 7, 2022. Source: moneycontrol  The UTI Healthcare Fund has given consistent returns with an annualized return of 12.99%.  https://www.youtube.com/shorts/FcWVk38QxXY Fund manager  The fund is ably managed by Kamal Gada and V Srivatsa. Kamal, prior to joining UTI Mutual Fund, worked with BPCL as Senior Accounts Officer and has been managing the fund since May 2022. Srivatsa, prior to joining UTI Mutual Fund, worked with Ford, Rhodes Parks & Co., and has been managing the fund since Mar 2007.   Who should invest?  Investors looking to  Own market leaders in the Healthcare sector  Hold a concentrated portfolio  Why invest?  It has a highly concentrated portfolio that invests in the defensive sector of the economy.  Fundamentally strong healthcare companies of all market-cap.  Horizon  One should look at investing for a minimum of 5 years or more  A systematic investment Plan (SIP) is an ideal way to take exposure as it helps tackle market volatility  Conclusion  The UTI Healthcare Fund has delivered good returns over the period. One should have a longer horizon before investing in the fund as it is a sectoral fund.  DisclaimerThis is not recommendation advice. All information in this blog is for educational purposes only. 

MBA programs in the UK are becoming more and more popular in the coming times with more and more students seeking to pursue their MBAs in the UK.  The most attractive part about studying MBA in the UK surprisingly is the less strict requirements than in the US and Canada. If you have a grade point average of 65%, you can easily apply to most MBA schools in the UK. However, tuition fees, general MBA costs, and living costs can vary a lot from one business school to the next, depending on where the university is located. MBA programs are offered at about 130 business schools in the UK.  Cost of MBA in the UK  As the demand for MBA programs in the UK rises, the price of these programs is expected to rise. When deciding where to study, international students carefully weigh their options before enrolling in a business program.   Budgeting for expenses includes:  UK student visa cost  Associated application costs  Plane tickets   The total post-arrival cost takes into account tuition and living expenses. The total cost of an MBA in the UK includes not just tuition but also living expenses for the duration of the program.  MBA programs in the UK are of duration between 12 and 21 months and cost between 31,450 GBP and 87,900 GBP (approx 29 Lakhs to 81 Lakhs INR). Cost of MBA for Indian Students in UK universities UniversityAnnual tuition fee in EuroAnnual tuition fee in INRThe University of Manchester, ManchesterEURO 72,149INR 58,12,229 University of Cambridge, CambridgeEURO 69,330INR 55,85,160University of Warwick, CoventryEURO 67,930INR 54,72,724Cranfield University, BedfordEURO 60,660INR 48,86,649Durham University, DurhamEURO 50,090INR 40,35,141University of Strathclyde, GlasgowEURO 49,680INR 40,02,545Lancaster University, LancasterEURO 48,330INR 38,93,406University of Southampton, SouthamptonEURO 41,865INR 33,72,613Brunel University, LondonEURO 37,510INR 30,22,121University of Leeds, LeedsEURO 35,520INR 28,61,250 Cost of living in the UK Rent 760 EUR to 1,350 EUR 60,999 INR to 1,08,355 INR Food 230 EUR 18,347 INR Mobile Phone & Internet 85 EUR 6,850 INR Stationery Items 50 EUR 3,669 INR Clothing & Laundry 115 EUR 9,180 INR Transportation (Monthly Pass) 75 EUR 5,974 INR Miscellaneous 50 EUR 3,669 INR  There is a broad range in both the cost and availability of full-time MBA programs. A 12-month program, for instance, will set you back £61,500. You may be able to save money on tuition by choosing an MBA program that is situated in a city other than London. Costs for MBA programs at universities outside of London typically begin at roughly £12,000 per academic year.  The cost of getting an MBA from one of the best business schools in the UK is high, and so are the salary returns that are expected. Students who get their MBA in the UK can get a package worth up to 100,000 GBP (97 LPA) per year.  TALK TO AN EXPERT