Category Archives: Finance

Is all debt bad debt? This is one of the age-old questions that have been asked for generations. After all, owing money to a bank or financial institution can’t be a good thing, can it? Isn’t it bad to be in debt in the first place? After all, we have all heard the saying, “All debt is bad debt”. However, the truth is far more nuanced than this. Now is a better time than any to understand debt - both good and bad. Debt can be good if it helps you grow your finances in the long run without affecting your ability to pay back the principal amount with interest. However, one needs to take excessive care and precautions when it comes to taking out debt - because it can either lead you to become extremely successful or drive you down a path of bankruptcy. With this in mind, we take a look at the differences between good and bad debt, and some examples of each to shed light on the topic beyond doubt. First, good debt. Good Debt To keep it simple, good debt leaves you better off than before you borrowed the amount. It often leads you down a path of prosperity and growth. There are many purposes one might take out debt that could eventually turn out to be positive for the borrower. For better clarity, let’s look at some examples of good debt -  To Start a Business - To be clear, not all debt taken out to start or grow a business is good debt. If one takes out a business loan and the business ends up failing or closing down, it may well be considered bad debt. With regards to business, debt can be considered good if it helps the borrower establish or grow a successful business that brings financial freedom and allows him/her to pay back the loan easily. To Buy a House - Everyone needs a house to live in. If the borrower takes out a loan to buy a house that ends up appreciating over time, such that the valuation is more than the debt that was originally borrowed, this may well be considered good debt. Student Loans - A better education often unlocks the doors to superior, higher-paying jobs. If you’ve gone ahead and taken out a student loan that improves your skills, and eventually brings you success in your career, this can be considered good debt. Bad Debt Bad debt can ruin one's financial position and leave one struggling to pay it off. The main reason for this is that it doesn’t help you generate more income. Here are some examples of bad debt -  Consumables - Some of the best examples of bad debt can be car/bike loans. While there’s nothing wrong with having a car or a bike as a means of transport, the issue begins with the fact that it is unlikely to bring you more income. Vehicles depreciate with time, meaning they are worth less than what you paid for them. Considering that the borrower also owes interest along with the principal, taking out loans for vehicles can become money pits quickly. Trips & Holidays - It is always said that trips and holidays shouldn’t be bought on a credit card, and there is a good reason for this. Many families today still struggle with paying off holidays they went on years ago, and it’s no surprise. Unless the purpose of the trip could bring you more income, you’re likely to be put in a position of difficulty paying it off over the long term. How does one know if the debt is good or bad? In short, good debt has the potential to earn you significant returns over the long term. For example, taking out debt to start a business that later goes on to be successful can be considered to be good debt. The reason is, that taking out the debt has brought you to a much better financial standing than you were in before. Bad debt is often taken out to fund depreciating liabilities, that don’t earn you any income. These are often harder to pay back and do not leave you in a better financial position than you once were. So as it is clear, the difference between good debt and bad debt is the financial position it puts the borrower in. Loans taken out for consumables that depreciate over time are often bad debts. Debt taken out to produce income and add value to the economy is often considered to be good debt. FAQs What are some examples of good debt? Some examples of good debt are student loans for higher education, mortgage loans to purchase a primary residence, business loans to finance expansion or growth, and loans for investments in income-generating assets such as rental property. What are some examples of bad debt? Some examples of good debt are credit card debt for consumables, personal loans for depreciating assets or luxury items, auto loans, etc. How do you know if a debt is bad? There are various factors to consider before you decide for a debt to be bad. If the debt - doesn't increase in value over time; has high interest rates; doesn't generate income; finances a depreciating asset (like a car), etc, then it can be considered bad debt.

Why do we invest in mutual funds? The fairly obvious answer would be to earn returns on our investment and to have enough corpus for our future goals. We need tangible numbers on our screens that give us a good night’s sleep that we have invested in the right fund. However, there are multiple measures for the returns earned by the mutual fund, and we see multiple percentage numbers flashing on our screens. These measures are explained with examples in the following paragraphs - 1. Absolute Returns This represents the growth of your investment in absolute terms without considering the time period. For example, if you had invested Rs 10,000 in a mutual fund and it grows to Rs 15,000, the gain earned would be Rs 5000. Absolute returns would be Rs 5000/Rs 10,000 = 50%. Even if your investments grew to Rs 15,000 in 10 years the absolute returns would still be 50%. 2. Annualised Returns (also known as CAGR) This measures the increment in the value of your investment on a yearly basis. The effect of compounding is included in this return (Compounding in simple terms is earning returns on the profits earned from your investment). For example, if the initial investment is Rs 10,000 and the value of the investment after 5 years is Rs 15000, then the annualized returns would be 8.4% and if the time period was 3 years, the returns would be 14.5%. This measure takes the time period into consideration and gives a measure of y-o-y returns on your investment in the fund. 3. Annual Returns This is computed by considering the return earned by the scheme from January 1st (first day of business) to December 31st (Last business working day). If the NAV of a fund was Rs 100 on January 1st and the NAV on December 31st was 120, the gain would be Rs 20 and the annual return would be 20%. This is the most simplistic measure which is used for communication with the investor. Market conditions play a significant role in the returns earned by mutual funds. Hence, it is advisable to compare annual returns across time periods with respect to the category average or the benchmark as declared by the fund. 4. Point-to-Point Returns This measures the annualized returns between two points in a given time period. For example, if you would want to look at the performance of a fund in the pre-Covid years i.e., 2017-2019, one would consider the point-to-point return to compute the same. The NAVs at the start and end dates are required to compute these returns. 5. Total Returns Initial ValuesNAV Initial50Initial Investment10000Units Purchased = Investment/NAV200After 1 yearNAV 52Value of investment = Units * NAV10400Capital Gains400Assuming a Dividend is declared by the fund in this 1 yearDividend Declared/ unit2Dividend earned (Units * Dividend/Unit)400Total Returns800Total Return % (Total Return/Initial Investment)8% Total return includes the returns earned from capital gains and dividends and is expressed as a percentage of the initial amount invested. Consider that you had invested Rs 10,000 into a fund whose NAV was Rs 50. Total Returns % = Capital Gains + Dividend earned / Initial Investment Here, the total return earned would be 8%. 6. Trailing Returns It is the annualized return of the period that ends on the date of calculation (or today or the latest NAV). Trailing returns of 1, 3, 5 or 10 years (etc) can be calculated. For example, a 1-year trailing return from today (27th Feb 2020) would be calculated by taking the latest NAV and the NAV of the fund 1 year ago. This measure is used by most of the mutual funds and pages which analyze the past performance of the funds.  Initial NAV (27th Feb 2018)40Final NAV (27th Feb 2021)70Years3Returns 20.5% For example, if the NAV of a fund today is Rs 70 and the NAV of the fund 3 years ago was Rs 40, the trailing 3-year return would be 20.5%. Returns = [Final NAV / Initial NAV] (1/Years) - 1 As an investor, this measure aids in screening the fund's performance and analyzing the consistency of the fund manager in providing the returns to their pool of investors. However, one should note that these returns could offer a biased perspective as they are based on relative market conditions – current vs past conditions. Hence, an investor should consider 3,5, and 10 years to understand the consistency in earnings and the fund's ability to sail over market tides. In bull markets, where there is high optimism in the market, the trailing returns are high, as the Final NAV would be soaring high, whereas, in bear markets, these returns would be on the low. 7. Rolling Returns These are annualized returns (CAGR) but are computed using overlapping periods. They give the measure of the growth of an n-year return over a period of m years.  For example, if you would like to invest in an equity mutual fund for 5 years, you would look at the data in 5-year blocks and compute the 5-year return over a 10-year period (say). As shown in the table below, we have considered a period from 2005-2020 to calculate the 5-year rolling returns (n=5, m=20). Aligning with our objective, to calculate the return of 2010, we consider the NAV that was 5 years ago which is 2005. The exercise is performed for all the years to obtain the range of returns that the fund has given to the investors. One can also calculate the Rolling Return Average, by calculating the average of all the returns computed in the previous step = 7.4% (in this example). Yearly DataNAV5years agoNAVReturns (CAGR)01-01-201010001-01-2005785.1%01-01-201110301-01-2006805.2%01-01-201211001-01-2007874.8%01-01-201312001-01-2008905.9%01-01-201415001-01-2009959.6%01-01-201516101-01-201010010.0%01-01-201617201-01-201110310.8%01-01-201719001-01-201211011.6%01-01-201819801-01-201312010.5%01-01-201921001-01-20141507.0%01-01-202020001-01-20151614.4%01-01-202120801-01-20161723.9% These can be calculated on a daily/weekly/monthly basis till the latest NAV for a fixed period of time. It gives a more accurate picture of the fund’s performance in various market conditions, eliminating the bias that could be associated with calculating the return at a fixed point in time.  8. SIP Returns All the above measures are suitable for lumpsum investing where one considers the returns between two points. However, in the case of SIPs, there is a systematic flow of amounts into the fund at different points in time. This return can be calculated using the Internal Rate of Return (IRR), which is a financial metric used to compute the return of a series of cash inflows and outflows. Conclusion: The measures for calculating returns have been highlighted above which are to be used in conjunction with the objective to obtain the accurate measurement of the performance. You could get started with your investment journey by analyzing funds on the EduFund app or this website

Parenting is a responsibility, and there are no two ways about it. The education and experiences of your child are primary to the kind of person your child becomes. Their success, wisdom, and understanding of the world are dependent on education. It begins with their schooling and continues to rely heavily on higher education and beyond. When something is crucial to the well-being of your child, you ought to plan and plan early.  Education planning necessities  An education plan for your child has two essentials. One is the decision-making process that involves choosing the right school, college, and university, and the second is the financial aspect of funding the desired degrees. The decisions your child takes (with your consult) about studying at a particular university are driven by research and counseling - and they’re mostly left to the last couple of years before university.  The finances, however, require wise long-term investments and insight. To realize this undertaking, we have to first calculate the many expenses of higher education and the eventual corpus you would need to fund your child’s dreams.  Calculate costs better with helpful tools Calculating the cost of college education ten to fifteen years in the future might feel burdensome, so it is better to use tools like the education cost calculator on the EduFund app. The smart calculator accounts for education inflation - the increase in tuition and living expenses year on year.  Accounting for education inflation Education inflation can be understood with a simple example. An MBA from a reputed institution in India like IIM Bangalore cost around 10 lacs in 2010, and now the same exact degree will cost about 23 lacs in 2021. The education inflation in the last decade in India was more than double the general inflation. Education inflation across the world has been similar and is currently on the rise.  On the EduFund app, you just have to enter the details of your child, possible universities they’d want to go to and the year they’d begin university. The calculator will give you an accurate estimate of the amount you would need when your child is ready for college. This becomes your north star, your investment goal for your child’s dream education.  Investment advice from the wise Once you have the goal calculated, the next step is to start an investment plan where you invest a certain amount every month (the EduFund calculator will give you this amount as well) into an investment vehicle that can give you good returns. If you’re new to investing, it would be wise to get in touch with a wealth advisor who can guide you.  If you have plans for your child to study at the top universities in the world, a wealth advisor would encourage you to diversify your portfolio by investing in the US markets.  Advantages of investing in US markets  Ever since Indian independence, the rupee has gradually depreciated compared to the US dollar. This is the reason why exchange rates remain a nightmare even when we’re thinking of a small vacation to the US or Europe. Now imagine studying there for a few years and those expenses, and the burden that exchange rates could then be.  The solution? Invest in the US markets and save in dollars in order to spend in dollars.  The US markets are mature, with some of their large-cap companies holding a valuation of over a trillion dollars. Additionally, the US indices like the S&P 500 have delivered consistently good returns for over six decades.   1. Geographical diversification  If there is one investment lesson that most of us are familiar with, it has to be not putting all your eggs in one basket. This lesson doesn’t just end with investing in multiple companies in diverse fields but also includes investing in geographically diverse markets.  Often, the Indian market experiences ups and downs based on regional factors that include politics, regime changes, natural disasters, and more. A portfolio that isn’t geographically diversified would be heavily affected by these.  To counter this, investing in the US markets is an obvious solution as the market sentiments that affect the Indian markets rarely have an effect on the US markets.  2. More than one way to earn returns When you start investing for your child’s education in the US markets, you’re gaining in two ways - first by the dividends and capital appreciation, and second, with the depreciation trend of the rupee. You have a strong possibility of getting more rupees for every dollar in the long term.  With so many obvious advantages to look forward to, the only hardships stopping Indian parents from investing in the US were the lack of accessibility and the long paperwork. Thankfully now, platforms like EduFund make this process simple and convenient. No paperwork. No long waiting periods. No confusion.  FAQs Where can I invest money in education? There are many ways to invest in education. From mutual funds to the US market, the choices are unlimited. Depending on your risk appetite and time horizon, you can pick the best funds and investment options with the help of a financial advisor. With the cost of education rising, mutual funds, our US stocks, and ETFs are great investment choices for parents who have over 10 years of investment ahead of them. How to invest in US markets? As an Indian investor, you can invest in US markets with the help of a foreign or domestic broker or directly. Where should I invest money to get good returns for students? To fetch good returns, the best investment options are investing in mutual funds, the US market via stocks and ETFs, PPF, and government programs like Sukanya Samriddhi Program. Conclusion Someone wise once said that an investment in education pays the best dividends. We understand that every parent wants their child to have more opportunities than they did, and greater resources at their disposal than they did. With time by your side, some discipline, and the power compounding, it is easily possible. Consult an expert advisor to get the right plan TALK TO AN EXPERT

The Indian stock market offers plenty but if you’re looking for geographical diversification in your portfolio, you might want to look beyond it. The United States is the biggest market in the world and a great attraction for investors the world over. Investing in the US market means an opportunity to invest in the biggest companies in the world, and that includes the likes of Google, Facebook, Amazon, Apple, and more.  Now when something has so many great things to offer, why doesn’t everyone invest in the US? The truth is that investing in the US is much easier now than it ever was, but there are some misconceptions among Indians that hinder this route. The biggest of them are the worries of taxation upon the returns.  Let’s dive deeper into how taxation works when Indian citizens invest in the US stock market, either through stocks or exchange-traded funds.  Tax implications for investors  There are just two types of taxes levied on investors in this arena - capital gains tax and tax on dividends. Let’s understand both these taxes.  1. Capital Gains Tax  This is the tax paid on the appreciation of your asset over a period of time. Let’s say you bought a stock for 100$ and sold it after some time for 150$, capital gains tax is levied on the appreciation of 50$ on the stock.An Indian Investor does not have to pay any capital appreciation tax in the US. The taxes on this are levied in India, depending on whether it is long-term capital gains or short-term capital gains. a) Long Term Capital Gains (LTCG) If you have held an asset such as a stock or ETF for 24 months or more before selling it, you have to pay 20% as long-term capital gains tax, along with other applicable surcharges and fees.  b) Short Term Capital Gains (STCG) If you have sold a financial asset in less than 24 months for a profit, you add these gains to your income and pay taxes based on your income tax slabs. The important thing to remember is 24 months is the duration that separates long-term and short-term capital gains.  2. Tax on dividends  Dividends are another way that investors make money. The taxation on dividends, when you invest in the US, is fairly simple. The tax on dividends for Indian investors in the US is 25%, which is lower than the tax rate for US citizens. This is due to a treaty signed by India and the US to encourage investments from India to the US and vice versa.Let’s understand this with an example. If you have received $ 1000 as dividends from an investment in the US, the amount you receive after the tax deduction is $ 750. Now what gets most investors worried is if they have to pay taxes again in India on the 750$. The good news is that you don’t.India and the US have signed a DTAA (Double Tax Avoidance Agreement) which ensures that you are not paying double taxes. So, the tax you’d have to pay in India is not on the $ 750 you received after deductions but the $ 1000 you received as dividends, and the $ 250 that you’ve already paid as tax is accounted as tax paid on the amount. You only have to pay more if your tax slab exceeds 25%.  Invest in the US stock market with EduFund  You can now just download the EduFund app and create an account to start investing in the US. The account opening process is simple and the charges are zero you can get started with FAANG in your portfolio and have it geographically diversified! Invest in US Stocks

Do you want to get into the stock market? Maybe because you saw your friend make quite a bit of money betting on some trendy things like Ethereum or GameStop. Or maybe you think mutual funds could help you raise funds for your child’s education plans. Different financial goals require different strategies and approaches. If you are new to the stock market, it is important for you to know the basics, like the difference between investing and trading. Everything looks too complicated as a rookie investor and we get it. Let us try and simplify some things for you. What is investing? An investment is when you allocate money somewhere with the intention of compounding it in the future. Investment is a tool of wealth generation. Basically, when you invest money into something, like stocks and bonds, mutual funds, or real estate, you do it with the idea of making a profit in the long term. This profit usually comes from the value or price of your asset increasing over time. If you have invested money into a stock, for example, you get a profit when the price of the stock increases over time.  Investment is an excellent, mostly passive way of wealth generation. For the long term, especially when you have goals for child investment like education plans, sending your child to study abroad, etc. What is trading? Trading in the stock market is exactly what it sounds like, you trade stocks. When you trade in stocks, you buy stocks like any other goods or commodities and sell them for a profit. Traders deal in stock with the intention of short-term profit generation. They don’t hold their assets for a long time, unlike investors who can stay invested in the same asset for years. Traders can sell their stock within months, weeks, days, or even minutes. As such traders have to have a really good understanding of the pulse of the market and where a stock will go in the short-term future.  Image by Anna Nekhrashevic on Pexels Trading takes a little more active effort than investing because you need to be on top of the situation in the market at all times and buy and sell at the right time. As such trading is ideal for making fast money in the short term. 1. Difference in timelines Trading depends on changes in the market that happen over the course of a short period. This means that they cannot plan for the long term. A stock that is predicted to shoot up within the coming month, likely will not continue to shoot up over the next few years. Rather it is more likely to fall or plateau. A trader tries to predict the optimal timeline to buy and then sell the stock within this period of time. But they cannot stay invested in the stock for the long term as it would cause losses.  This means that the timeline of holding a stock for a trader is much shorter. Trading depends on buying low and selling high in the short term. In contrast, investors tend to buy and hold. Investment relies on the price of the asset slowly and stably appreciating over time. Trendy and unpredictable stocks or other assets do not make good investments. One cannot guarantee the value of these stocks over a long-term period. This is why investors usually choose relatively stable and reliable securities or invest in mutual funds and ETFs that are managed by professionals.  Investment requires having patience and confidence in your stock and holding it for a long time. Investors don’t let short-term changes in the market bother them and focus on increasing value over the long term.  2. Difference in risk Putting money in the stock markets always carries risk. You are at the mercy of myriad different and unpredictable factors that may affect the price of your investments.  Trading typically carries more risk than investment. When you want to generate wealth or make a profit over a relatively short timescale, you need to take more risks. This means investing in stocks that may behave unpredictably. Making quick, short-term financial decisions on limited information is intrinsic to trading. This is another factor that makes trading riskier. Investment also carries risk, however, this risk is typically lower than with trading. When you are an investor, it is important for you to lower risk. You can do this by diversifying your portfolio to include both higher-risk, more lucrative securities as well as safe, low-risk investments. This is called balancing your portfolio.  Another way of becoming an investor, especially when you don't have a lot of capital or expertise is to invest with an AMC (Asset Management Company). AMCs lets you invest in mutual funds and ETFs which are structured, diversified, and professionally managed basket securities. These funds let you have a balanced, secure portfolio which is ideal for investments.  3. Difference in goals Investors and traders tend to have different goals. Since traders are looking to make money fast rather than over the course of years, their goals tend to be more short-term. Additionally, trading is risky. To ensure high-profit margins in a relatively short time, traders must invest in unpredictable stocks. This does not mean that traders don’t have long-term goals. However, they usually don’t plan to achieve their long-term goals through trading alone. Sometimes you have high-stakes goals. You cannot leave your child’s education plans or study abroad dreams to the mercy of unpredictable stocks on the market. For a goal like this, a long-term, reliable strategy for wealth generation is required. For goals like these, you need to be an investor. Conclusion While trading and investing both involve buying and selling securities on the stock market, they carry entirely different risks and involve different approaches and strategies. Keep in mind that there is no reason for you to choose. You can dabble in trading while also keeping safe investments on hand. It all depends on your financial goals and long-term future plans. In this day and age, with rising inflation, a little extra cash never hurts. But at the same time, be careful while taking risks on the stock market, especially if you are a parent. Secure your and your children’s future and education plans through solid investments. Keep the risks in mind when you are trading and try to start slow instead of taking big risks with large amounts of money.  A good financial advisor can be a good investment. You should also put in the effort to try and understand the basics of investment and financial planning. Educating yourself is always a good investment. Expertise and knowledge are investments you will never lose. FAQs Will I earn more money through investing or trading? As an investor, based on your risk appetite, you can take advantage of 15-20% yearly returns. But, as a trader, if you have great experience and analytical skills, you can earn those same returns in just a week. But, it must be remembered that 'higher the returns, greater the risk'. Which is riskier - trading or investing? Although both options come with their own risk, trading can be considered significantly riskier than investing. How can I become an investor? There are many ways for you to become an investor. The easiest way is to download the Edufund app, register yourself, and complete your KYC verification. The next step would be exploring various investment options at the top AMCs and then start investing! TALK TO AN EXPERT

It is becoming increasingly obvious these days that investment is the best way for most people to achieve their financial goals. Costs of education are rising and the advantages of going to study abroad are becoming more and more obvious. For many people, these rising costs of education have necessitated a changed approach to finances. A good investment strategy and portfolio are clearly the way to go. However, many beginner investors do not know enough about investments and how or where to invest.  In this guide, we cover index funds: what they are, how they work, who should invest in them, and things to consider. If you have been thinking about investing in mutual funds or ETFs, read on to know more.  What is an Index fund? Index funds are a type of passively managed, equity funds. As the name suggests, these funds have a portfolio that is made to imitate a financial index, like BSE Sensex, NSE Nifty, etc. Both ETFs and mutual funds can be index funds. Returns from an index fund, typically mirror the growth of the index that they are tracking. How does an Index fund work? An index fund works by tracking a financial index. A financial index is a measure of the stock market or a subset of the stock market. An index fund consists of the same stocks that comprise a certain index, in the same proportions. So if, for example, a particular index fund is tracking Nifty, its portfolio will have the same 50 stocks that comprise Nifty. Then, the performance of the fund will depend on the performance of Nifty.  Unlike an actively managed fund, index funds do not have a team of analysts and experts constantly researching the market and creating strategies. The fund manager only ensures that the fund tracks its respective index as closely as possible. Things to consider when investing in Index funds 1. Risks and Returns Index funds are passively managed and track a financial index. This means that they are less volatile than other equity funds that are actively managed and hence, less risky. This is because actively managed funds strive to beat their benchmark but index funds track particular financial indices and try to remain as close to the benchmark as possible. This means the returns of an index fund usually replicate the performance of the index. This makes these funds reliable and lucrative during a market rally but less so during a slump.  One thing to keep in mind, however, is the tracking error. Most index funds do not replicate their respective indices exactly. There is a small deviation which is called a tracking error. You should always choose a fund with a low tracking error to reduce risk.  2. Investment timeline and goals Since index funds are considered lower-risk funds, they are suitable for investors looking to make long-term, passive, investments. These can be investments made for the future education plans of a very young child or retirement plans. With long-term investment windows, any short-term fluctuations can be balanced out or averaged. But if your goals are less long-term, for example, education plans for an older child, you should consider investing in a more actively managed fund. A good financial advisory service can help you make these decisions. 3. Investment costs and fees Index funds are passively managed. Since these funds track indices and don’t require active management, they incur lesser fees. An actively managed fund has to pay for analysts and experts to do research and create investment strategies. A passively managed fund does not have to do that. They have lower operating and management fees, transaction charges, etc. This means that these funds have a lower expense ratio ( the percentage of your total investment that you have to pay to the fund as management fees and other charges). 4. Taxation Index funds are subject to dividends distribution tax (DDT) and capital gains tax. DDT is deducted at source when the fund pays its dividends to stakeholders. DDT is generally applied at a rate of 10%. Capital gains tax is the tax levied on the capital gains made when you redeem units of your index fund. The amount of tax depends on your holding period. If you held the units for less than a year, then you will have to pay short-term capital gains tax (STCG) which is 15%. Capital gains from a holding period of above one year are considered long-term capital gains (LTCG) and are taxed at 10%. LTCG under Rs.1 Lakh is not taxable. Who should invest in an Index fund? Index funds are ideal for investors who want to invest in the equities market but do not want to take a lot of risks. If you are open to a long-term investment with relatively low but fairly predictable results, index funds can be a good option for you.  Keep in mind that index funds will follow the index and not give you any market-beating returns. If you are looking to make investments for your child’s education plans, you may want to stick to index funds for the stability they offer. However, a much better option would be a diversified investment portfolio with index funds as one of the components.  Education plans are rather high-stakes goals and so it is understandable to want to go safe. However, education, especially if you plan to study abroad, is also expensive. Actively managed equity funds tend to have generally higher returns. Keeping both in your portfolio can help you get the best of both worlds, general stability as well as good returns. Conclusion Index funds are a good and reliable way of passive investment for people who do not have the time to constantly monitor and manage their portfolios. They are especially useful when the markets are doing well and financial indices are on a general rise. However, recession and economic instability can cause a slump and bring down the value of index funds. To offset such eventualities, it is important to diversify your portfolio.  Financial planning, after all, requires active effort and involvement. The securities and assets you invest in should be properly aligned with your financial goals. If you lack the know-how or expertise to figure these out yourself, you can always consult a financial planner or other such services. For specific goals like education plans, you can hire specialized financial planning experts like EduFund. A good investor understands his investments and takes risks in accordance with his goals and his capacity. Therefore, putting in the time to figure out what kind of investor you are and what kinds of investments are best for you, is always a worthwhile endeavor. FAQs What are some best index funds? Some of the best index funds include IDFC Nifty 50 Index Direct Plan-Growth, Nippon India Index Fund S&P BSE Sensex Plan Direct-Growth, UTI Nifty 50 Index Fund, etc. Is it good to invest in index funds? Index funds provide you with low-cost investment methods. They can bring you better gains than fund managers do. Do index funds pay dividends? Since regulations require it, Index funds do pay dividends in most cases. TALK TO AN EXPERT

As a parent, no doubt you want the best for your kids. Global education can open doors and create opportunities for your child like nothing else can. However, the expenses involved in going to study abroad can be intimidating and discouraging for many people. Education loans are always an option, but debt is a big long-term liability and is not exactly an exciting prospect, is it? So, how can you raise funds for your child’s education without having to resort to education loans and other forms of debt? Well, that requires a bit of foresight and planning.  Saving is always an option but is it the best option? After all, you can save what you have but you cannot use your savings to generate more wealth. And with rising inflation, investing may be the better option in the long run. How is investing different from saving? Saving money is not a very complicated concept. We all save money, either for future purchases, emergencies, or other causes. Saving money typically involves putting aside money from your income in a safe place, like a bank account or a locker. Savings can accrue a small amount of interest, especially when you are using a bank account. However, in general, your savings do not compound or generate profit through interest or appreciation in any significant way. Investing money involves buying and holding an asset for a period of time with the intention of generating profits from it. When you invest money in the stock market, in bonds, or in real estate or jewelry, you do it with the intention of eventually selling the asset after a period of time and gaining profit. This profit is gained from the value of your assets changing and appreciating over a period of time due to inflation and/or other factors. 1. Investment generates wealth This is an important distinction between savings and investment. Investment is a tool for wealth generation. You are not simply setting aside money when you invest, instead, you are using it in a very specific way to generate more money. While you can earn a small amount of interest on a savings account, this is still minimal compared to the profits that can be gained through strategic investment. Savings is an instrument of wealth preservation. By keeping your money idle and parked in a bank account, you ensure that it remains safe. It is not exposed to the market or its constant fluctuations, it stays as it is. This makes savings a low-risk option as compared to investment. However, remember, the lower the risk the lower the returns. You don’t make any gains or profits from a savings account. When you have long-term goals like a child education plan to work towards, simply saving is not enough. You need to look for ways to actively generate wealth to counter the ever-rising costs of global education.  2. Investment helps you beat inflation With inflation, the value of money decreases. Think about it this way, a commodity worth Rs. 500 in 1980 would have been considered fairly expensive. Today, we can easily spend that amount of money in a single day and not even think twice about it. This is because, with inflation, the value of Rs. 500 has decreased.  So, even if you save a fairly significant sum of money, it may end up becoming insignificant over time as inflation eats its value. Investment helps you beat these odds. When you invest in some asset, its value keeps appreciating over time with inflation. Therefore, the money that you have invested in the asset appreciates with it. Instead of eating away at the value of your money, inflation helps you generate more wealth. 3. Investment helps you realize your goals Because investment is an instrument of wealth generation and because it helps you beat inflation, it is also a better way of realizing your financial goals. Saving does not play out well in the long term for expensive goals. These goals require you to accrue money that may be in excess of what you can reasonably or realistically save. Investing that money is a more reliable way of achieving your goal amount. Keeping your money idle makes it liable to depreciation due to inflation. Investing helps you generate wealth. This is why, when you have long-term goals on the horizon, it is better to invest. Such investment obviously requires a strategy. Markets always carry risk and your investments can succeed or they may fail and leave you at a loss. To counter that, one must always try to invest intelligently and strategically to balance out the risk. Mutual funds and ETFs which are professionally managed investment funds are a good way of doing this for beginner investors. Then why save at all? If investing is better in all these ways, then why save at all? Isn’t it better to simply invest all of your extra money? Well, let's not get ahead of ourselves. All investment carries risk. Markets can be volatile and unpredictable. The price of your assets may go up in the long term, or they may fall and leave you at a loss. Savings, on the other hand, ensure that your money doesn’t go anywhere. Keeping your money idle is not always a bad thing. By doing so you ensure that no matter what happens, you have some money kept secure for rainy days. Savings can provide you with a much-needed cushion in case your investments fail or fall prey to a market slump. Savings are also a good way to collect money for short-term financial goals. When it comes to short-term or less expensive goals, inflation is less likely to be a factor. For example, if you are planning on buying a new refrigerator next year, inflation is likely not going to make big problems for you when it comes to costs or the value of your saved money.   Savings are a good way of ensuring you have a safety cushion or emergency fund. It is also good for short-term financial goals. It is always wise to have at least some savings on hand. Conclusion Savings and investments are both important ways of preparing yourself for the future. While investment is riskier, it is the best way of ensuring long-term capital gains and wealth generation. Saving for a rainy day is a wise and responsible thing to do. However, to beat rising inflation and ensure the best education possible for your child, investment is the smart way to go. Investing your money through a service like EduFund can help you fulfill your child’s study abroad dreams. You don't always have to work hard. Work smart. FAQs Will my bank FDs help me beat education inflation? Regular bank FDs usually provide up to 7 or 7.5% returns. Education inflation, on the other hand, increases at the rate of 10% every year. This means that FDs do increase your money but do not increase the value of your money; hence, they fail to beat education inflation. Is it more important to save or invest? Savings are Important, of course. However, savings don't necessarily increase the value of your money with time due to inflation. You need a plan that gives your returns higher than inflation. And that solution is an investment. Which is easier: Saving or investing? To a beginner, investing may seem like a complicated domain to enter, but with some basic research and through easy-to-access tools like the EduFund app, investment can be as easy as having a savings bank account. Consult an expert advisor to get the right plan TALK TO AN EXPERT

Investing is the best way to secure your future goals and achieve your dreams. Be it for child education plans, retirement goals, or other goals, investing can help you generate wealth and avoid accruing debt while chasing them.  Traditionally, middle-class Indians have tended to play safe when it comes to their wealth. Investment seems like a needlessly risky game for many. However, it is time to bust some myths and mitigate your worries.  Once these common myths are busted, the investment will not seem as foreign and dangerous anymore. Read on as we separate fake news from fact! 1. Investing is the same as trading Trading is when you buy assets in the stock market and sell them after a short term to generate a quick profit. Traders are looking to make short-term gains by predicting the future behavior of certain stocks. Their profits depend on market unpredictability. Investors are not banking on unpredictability. Investors look for relatively stable stocks and bonds or basket securities in which to invest for the long term. When you invest money you do so with the expectation that the price of the asset will rise, slowly but reliably, over the course of a long time - usually years.  Thus, investment is nowhere as risky as stock trading. In fact, it is a fairly secure and reliable way of passive wealth generation. Investors favor diversified, well-managed portfolios and often look to mutual funds and ETFs because they are structured, balanced, and professionally managed. Short-term market fluctuations do not generally affect your long-term investments. Minor setbacks tend to average out over time.  Investment is a good and responsible method of financial planning for your children’s education plans, homeownership goals, etc. With a strategic investment scheme in place, you can send your child to study abroad and give them the best global opportunities. 2. You need a lot of money to start investing This is another completely unfounded myth that discourages a lot of middle-class Indians from investing in stock market assets. Investment is certainly not just a rich man’s game. It can be an incredible way of compounding wealth for all kinds of people.  There is a misunderstanding that you have to invest a huge amount of money all at once to get good returns. This is not true. You can invest slowly and at your own pace. Many mutual funds in fact offer SIP (Systematic Investment Plans). These plans enable you to make small monthly investments starting as low as Rs. 500 or even Rs. 100.  Ultimately the amount of money you invest and how you invest it will depend on your financial goals and capacity. For example, if you are investing for the sake of your child’s education plans and your child is still young, you can start with a relatively modest SIP. Because of the long-term nature of the investment, your money will still grow splendidly. This is an especially harmful myth because it discourages the exact people who can benefit the most from strategic, long-term investments. 3. Past performance of a stock is a guarantee of future returns Stock markets are volatile and the performance of any particular stock is dependent on a lot of different factors. If a stock is performing well today and has performed well for even the last 10-15 years, it is no guarantee that it will still be good 10 years from now. Times change and so does the market. A company may be doing well today but future events can cause it to unexpectedly shut down.  This is why you should avoid investing based on past trends alone. Most casual investors actually do not have a lot of expertise in choosing or selecting stocks. This is why it is advisable to invest in basket securities like mutual funds and ETFs when you are just starting out. These funds are professionally managed and have a team of experts who select appropriate stocks and figure out the right opportunities to buy and sell.  If you have more specific goals you can consult with financial advisory services that specialize in goal-based financial planning. A service like EduFund can be extremely useful for you for education planning and child investment schemes. 4. I am too young to start investing There is no such thing as being too young to start investing. Investment is planning for the future and you can never be too young for that.  You may think that investment is not an ideal option for you when it's still early in your career and your salary is fairly low. However, as we have noted already, you can start a SIP for as low as Rs.500 or even Rs.100 a month. Even for a fresh graduate, this is not a huge amount. In addition, it can help you cultivate the good financial habit of regular investment.  You may also think that you still have a lot of time and don’t need to think of long-term financial goals just yet. However, that is a short-sighted attitude to have. The earlier you start investing the better your returns will be. If you have a young child and you want them to study abroad, it is better to start investing now rather than later. 5. FDs are the best investment for middle-class families FDs or Fixed Deposits have been the traditional investment instrument of choice for the Indian middle class. The reason for this popularity is that FDs are extremely low-risk. You deposit your money with a bank for a fixed amount of time and on maturity, you receive your original principal, plus interest. There is little to no risk of losing your deposits. FDs typically have higher rates of interest as compared to regular savings accounts. Even with interest rates that are higher than typical savings accounts, the returns on FDs pale in comparison to investment options in stocks, bonds, funds, etc. This does not mean FDs are completely useless. They can be a good, low-risk investment for less expensive financial goals. However, for something like study abroad education plans, you should strongly consider investing in mutual funds or ETFs. FAQs What is the 5% rule in investing? The 5% rule in investing states that any broker is not allowed to charge more than 5% as commission. What are the 4 common investment mistakes? Not conducting your own research before investingFollowing hearsay or influencer finance adviceNot knowing the taxes and expenses involved like expense ratio or exit loadFailing to diversify your investments What are some common investment myths? Here are some common investment myths: You need a lot of money to start investingInvesting is only for financial advisors or the richFDs are the best investment for middle-class familiesPast performance of a stock is a guarantee of future returns What are the rules of investing? Here are the rules of investing to keep in mind: Start saving todayDiversify your portfolioMinimize feesProtect against lossRebalance regularly Conclusion In this time of increasing costs, you cannot always depend on savings and FDs. Good investment decisions and a reliable and balanced portfolio are key to achieving your goals. Investment generates wealth and prevents your money from losing value due to inflation. Thus investment is also a way to protect yourself and your assets from inflation.  Don’t let myths and fake news hold you back. Do your research, educate yourself and invest to fulfill your dreams. Consult an expert advisor to get the right plan TALK TO AN EXPERT

BOI AXA Investment Managers Private Limited is a joint venture between Bank of India and AXA Investment Managers, a part of AXA Group, one of the world’s largest players in the Financial Protection industry. Bank of India was founded on 7th September 1906 by a group of eminent businessmen from Mumbai. The Bank was under private ownership and control till July 1969 before being nationalized along with 13 other leading banks in India. Bank of India has over 5,000 branches across India. Presently Bank of India has an overseas presence in 22 countries spread over 5 continents with 60 offices, including 5 Subsidiaries, 5 Representative Offices, and 1 Joint Venture. AXA Investment Managers (AXA IM) is one of the world's leading asset managers, backed by the strength of the AXA Group with assets under management (AUM) of EUR 830 billion as of 30/09/2020. AXA IM employs over 2,389 employees that operate across 20 countries in Europe, the Americas, Asia, and the Middle East (as of 30/09/2020).  On May 7, 2012, the Bank of India (BOI) acquired a 51% stake in the then Bharti AXA Investment Managers Private Limited (BAIM) and Bharti AXA Trustee Services Private Limited (BATS). Consequent to this change in JV Partnership, BOI became a Co-Sponsor along with the existing Sponsor, AXA Investment Managers (AXA IM), and the Fund was renamed as BOI AXA Mutual Fund, and BAIM was renamed as BOI AXA Investment Managers Private Limited, and BATS was renamed as BOI AXA Trustee Services Private Limited.  The partnership brings together the Bank of India’s massive network and experience in the Indian market and AXA’s global expertise in financial management. At AXA Investment Managers (AXA IM), they define their purpose as being to act for human progress by investing in what matters, which is central to every action they take as a business. As responsible investors, businesses and employers, seek to actively invest for the long term so that their clients, their people, and their communities can move forward. The combination of responsible, active, and long-term defines their investment philosophy, but also how they run their business, what underpins their clients’ partnerships with them, and what drives their people. The fund house claims that its ambition is to be the world’s leading responsible investor. After seeing the signs that the global economy is starting to move to a more sustainable and equitable model over the next decade, they want to take an active role in powering that transition. As committed, active investors are led by their conviction. With fundamental research at the core of their process, their global team seeks out and develops one of the most efficient and robust sources of performance across equities, fixed income, multi-asset, and alternative strategies. With conviction, they advance and best serve the interests of their clients. Their heritage within AXA Group, a recognized innovator, has hard-wired their business for continual improvement. They recognize that their most demanding and challenging clientele helps them to achieve excellence. Their relationship with their parent company also means protection and stability are part of their heritage. With the investment landscape becoming increasingly challenging, they believe that fresh thinking is needed to manage it. They say that technology is rapidly advancing, and people are living longer than ever before, shifting global demographics significantly. Their team aims to generate absolute returns through a diversified set of investment strategies that are grounded in behavioral finance – offering clients a differentiated proposition with a low correlation to traditional assets.  BOI remains one of the foremost financial institutions across the world, too. It has a decent presence across the pre-eminent financial capitals of the world, including Berlin, Paris, Tokyo, and London.  BOI AXA has an AUM of INR 2349.96 Cr (31 December 2020), an increase of INR279.80 Cr from September 2020. They offer 16 funds under different categories. Important information about BOI AXA Mutual Fund Name of the AMCBOI AXA Investment Managers Private LimitedIncorporation Date31 March 2008SponsorsBank Of India and AXA Investment Managers, Asia Holdings Private Limited.TrusteeBOI AXA Trustee Services Private Limited.Trustees' NameMr. Ashok K Pathak- Associate Director Mr. A K Bhargava- Independent Director Mr. Himanshu Joshi- Independent Director  MD/CEOMr. Sandeep DasguptaCIOMr. Alok SinghCompliance OfficerMr. Harish KumarRegistrar and Transfer agentKFIN Technologies Private Limited Shop No 21, Osia Mall, First Floor, Near KTC Bus Stand SGDPA Market Complex, Margao-403601 Phone: 0832-2731823, Email:  mfsmargoa@Kfintech.com.Toll-free Number (Toll-Free) 1800 - 266 - 2676 / 1800 - 103 - 2263Email Addressservice@boiaxa-im.comRegistered AddressBOI AXA Investment Managers Private Limited, B/204, Tower 1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400013. Website:www.boiaxamf.com Ten top-performing BOI AXA Mutual Fund Schemes BOI AXA Tax Advantage Fund (Category- Equity: ELSS) BOI AXA Manufacturing and Infrastructure Fund (Category – Equity: Sectoral) BOI AXA Ultra Short Duration Fund (Category - Debt: Ultrashort Bond) BOI AXA Liquid Fund (Category - Debt: Liquid) BOI AXA Small Cap Fund (Category - Equity: Small Cap) BOI AXA Large & Mid Cap Equity Fund (Category - Equity: Large and Mid Cap) BOI AXA Mid & Small Cap Equity & Debt Fund (Category - Hybrid: Aggressive) BOI AXA Conservative Hybrid Fund (Category – Hybrid: Conservative) BOI AXA Equity Debt Rebalancer Fund (Category – Debt: Dynamic Asset Allocation) BOI AXA Short-Term Income Fund (Category - Debt: Short Term) 1. BOI AXA Tax Advantage Fund (Category- Equity: ELSS) This fund is suitable for investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations. The scheme seeks to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities across all market capitalizations. This scheme is suitable for long-term capital growth. Key information Minimum InvestmentINR 500  Minimum Additional Investment INR 500Minimum SIP InvestmentINR 500Entry LoadNil Exit Load1% for redemption within 365 daysIf redeemed after 1 year (365 days) from the date of allotment: NILReturn Since Inception13.1% ( Regular-Growth) (Date of Inception: February 25, 2009) 18.54% ( Direct-Growth) (Date of Inception: February 25, 2009)NAVINR 79.13 (April 23, 2021) (Regular Growth) INR 88 (April 23, 2021)  (Direct Growth)AUMINR 417 Cr (As on March 31, 2021) 2. BOI AXA Manufacturing and Infrastructure Fund (Category – Equity: Sectoral)  This is an open-ended equity sectoral scheme investing solely in companies belonging to manufacturing and infrastructure-related sectors. This is suitable for the more experienced equity investor who wants to take specific exposure to these specific sectors. Investors who have advanced knowledge of macro trends and prefer to bet for higher returns compared to other Equity funds often choose this fund. Key information Minimum InvestmentINR 500  Minimum Additional Investment INR 500Minimum SIP InvestmentINR 500Entry LoadNil Exit LoadFor redemption/switch out up to 10% of the initial units allotted -within 1 year from the date of allotment: “NIL”Return Since Inception7.3% ( Regular-Growth) (Date of Inception: March 5, 2010) 13.24% ( Direct-Growth) (Date of Inception: March 5, 2010)NAVINR 21.76 (April 23, 2021) (Regular Growth) INR 24.05 (April 23, 2021)  (Direct-Growth)AUMINR 46 Cr (As on March 31, 2021) 3. BOI AXA Ultra Short Duration Fund This scheme seeks to deliver reasonable market-related returns with lower risk and higher liquidity through a portfolio of debt and money market instruments. Investors who want to invest for the very short term and are looking for an alternative to bank accounts/deposits find this scheme suitable for them. Key information Minimum InvestmentINR 5000  Minimum Additional Investment INR 1000Minimum SIP InvestmentINR 5000Entry LoadNil Exit LoadNilReturn Since Inception8.2% ( Regular-Growth) (Date of Inception: July 16, 2008) 8.09% ( Direct-Growth) (Date of Inception: July 16, 2008)NAVINR 2526.5327 (April 23, 2021) (Regular Growth) INR 2575.26 (April 23, 2021)  (Direct-Growth)AUMINR 294  Cr (As on March 31, 2021) 4. BOI AXA Liquid Fund (Category - Debt: Liquid) The scheme seeks to deliver reasonable market-related returns with lower risk and higher liquidity through a portfolio of debt and money market instruments. Investors who want to invest for the very short term and are looking for an alternative to bank accounts/deposits find this scheme suitable for them. Key information Minimum InvestmentINR 1000  Minimum Additional Investment INR 1000Minimum SIP InvestmentINR 1000Entry LoadNil Exit LoadNilReturn Since Inception7.3% ( Regular-Growth) (Date of Inception: July 16, 2008) NAVINR 2353.5975 (April 23, 2021) (Regular Growth) INR 2372.0066 (April 23, 2021)  (Direct-Growth)AUMINR 235   Cr (As on March 31, 2021) 5. BOI AXA Small Cap Fund (Category - Equity: Small Cap): The investment objective of the scheme is to generate long-term capital appreciation by investing predominantly in equity and equity-related securities of small-cap companies. This scheme is suitable for investors who are looking to invest money for at least 3-4 years and looking for very high returns Key information Minimum InvestmentINR 5000  Minimum Additional Investment INR 1000Minimum SIP InvestmentINR 5000Entry LoadNil Exit LoadNilReturn Since Inception33% ( Regular-Growth) (Date of Inception: December 19, 2018) 34.9% ( Direct-Growth) (Date of Inception: December 19, 2018)NAVINR 18.71 (April 23, 2021) (Regular Growth) INR 19.54 (April 23, 2021)  (Direct-Growth)AUMINR 119   Cr (As on March 31, 2021) 6. BOI AXA Large & Mid Cap Equity Fund (Category - Equity: Large and Mid Cap) The scheme seeks to generate income and long-term capital appreciation by investing through a diversified portfolio of predominantly large-cap and mid-cap equity and equity-related securities including equity derivatives. Investors who are looking to invest money for at least 3-4 years and looking for high returns often find this scheme suitable for them. Key information Minimum InvestmentINR 5000  Minimum Additional Investment INR 1000Minimum SIP InvestmentINR 1000Entry LoadNil Exit LoadFor redemption/switch out up to 10% of the initial units allotted -within 1 year from the date of allotment: “NIL”Return Since Inception12.47% (Regular-Growth) (Date of Inception: October 21, 2008)  NAVINR 43.5 (April 23, 2021) (Regular Growth) INR 47.8 (April 23, 2021)  (Direct Growth)AUMINR 181.18   Cr (As on March 31, 2021) 7. BOI AXA Mid & Small Cap Equity & Debt Fund (Category - Hybrid: Aggressive) The scheme's objective is to provide capital appreciation and income distribution to investors from a portfolio constituting mid and small-cap equity and equity-related securities as well as fixed-income securities. This is suitable for investors who want to invest for 5 years or more. The returns may be slightly lower than those of pure equity funds and they do not fall sharply when the market changes. This makes the scheme suitable for conservative equity investors or first-time equity investors who are not used to sharp ups and downs. Key information Minimum InvestmentINR 5000  Minimum Additional Investment INR 1000Minimum SIP InvestmentINR 1000Entry LoadNil Exit LoadFor redemption/switch out up to 10% of the initial units allotted -within 1 year from the date of allotment: “NIL”Return Since Inception12.53% (Regular-Growth) (Date of Inception: July 20, 2016) 13-51% ( Direct-Growth) (Date of Inception: July 20, 2016)NAVINR 17.54 (April 23, 2021) (Regular Growth) INR 18.28 (April 23, 2021)  (Direct Growth)AUMINR 303 Cr (As on March 31, 2021) 8. BOI AXA Conservative Hybrid Fund (Category – Hybrid: Conservative) The scheme seeks to generate regular income through investments in fixed-income securities and also to generate long-term capital appreciation by investing a portion in equity and equity-related instruments. Conservative hybrid funds invest nearly a quarter of your money in equity shares and the rest in bonds. These funds are suitable for those who are not comfortable with too much volatility in the value of their investments and are content with moderate returns which are slightly higher than returns from fixed-income options. This scheme is suitable for those looking for a regular income from their asset accumulation. Key information Minimum InvestmentINR 10000  Minimum Additional Investment INR 1000Minimum SIP InvestmentINR 1000Entry LoadNil Exit LoadFor redemption/switch out of upto 10% of the initial units allotted within 1 year from the date of allotment: NilReturn Since Inception6.46% (Regular-Growth) (Date of Inception: March 18, 2009) 6.71% ( Direct-Growth) (Date of Inception: March 18, 2009)NAVINR 21.3439 (April 23, 2021) (Regular Growth) INR 22.2377 (April 23, 2021)  (Direct-Growth)AUMINR 59 Cr (As on March 31, 2021) 9. BOI AXA Equity Debt Rebalancer Fund (Category – Debt: Dynamic Asset Allocation) The scheme aims at generating long-term returns with lower volatility by following a disciplined allocation between equity and debt securities. The equity allocation will be determined based on the month-end P/E ratio of the Nifty 50 Index. This type of fund invests your money in equity shares and bonds though their proportions are not fixed. These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors. But do not choose this fund if you are not in a position to invest for at least 5 years. Key information Minimum InvestmentINR 5000  Minimum Additional Investment INR 1000Minimum SIP InvestmentINR 1000Entry LoadNil Exit LoadFor redemption/switch out of upto 10% of the initial units allotted within 1 year from the date of allotment: NilReturn Since Inception6.44%% (Regular-Growth) (Date of Inception: March 14, 2014) 7.02% ( Direct-Growth) (Date of Inception: March 14, 2014)NAVINR 15.5881 (April 23, 2021) (Regular Growth) INR 16.2051 (April 23, 2021)  (Direct-Growth)AUMINR 71 Cr (As on March 31, 2021) 10. BOI AXA Short-Term Income Fund (Category - Debt: Short Term) The scheme seeks to generate income and capital appreciation by investing in a diversified portfolio of debt and money market securities. This fund is suitable for investors who want to invest for 1-3 years and are looking for an alternative to bank deposits.  Key information Minimum InvestmentINR 5000  Minimum Additional Investment INR 1000Minimum SIP InvestmentINR 1000Entry LoadNil Exit LoadNilReturn Since Inception4.48%  (Regular-Growth) (Date of Inception: December 18, 2008) 4.67% ( Direct-Growth) (Date of Inception: December 18, 2008)NAVINR 17.1766 (April 23, 2021) (Regular Growth) INR 18.3323 (April 23, 2021)  (Direct-Growth)AUMINR 26 Cr (As on March 31, 2021) How can you invest in BOI AXA Mutual Fund Via EduFund? Step 1 - Download the EduFund App from Google Play Store or Apple App Store and create an online account. Step 2 - Select a Scheme - Browse a wide range of BOI AXA Mutual Fund schemes and choose the right scheme suiting your financial goals. You may invest in a Systematic Investment Plan (SIP) or a lump sum. The inbuilt recommendation engine suggests the best scheme for your financial objectives. Step 3 - View and Track Your Transaction(s) - The amount you have invested will reflect in your EduFund account within four working days. You can track the BOI AXA Mutual Fund NAV, account balance, statement, and other information in the app. Alternatively, you can purchase, redeem, or switch BOI AXA Mutual Fund units. Step 4 - Speak with a Mutual Fund Counsellor - You can connect with a mutual fund consultant to share your goals and get personalized advice.  EduFund uses top-class authentication and encryption technologies to ensure bank-like secured transactions and safeguard your investments.   Fund managers at BOI AXA Mutual Fund  It is the fund managers who play a prominent role in driving value and generating growth. The following are the four best-performing fund managers in BOI AXA Mutual Fund whose funds have consistently performed the best returns.  1. Mr. Alok Singh - Chief Investment Officer Mr. Singh is a CFA and PGDBA from ICFAI Business School. Before joining BOI AXA AMC, he worked with BNP Paribas Asset Management and Axis Bank. He has an AUM of INR 745Cr and handles 28 schemes. 2. Mr. Ajay Khandelwal - Fund Manager - Equity Mr. Khandelwal is an MBA & Bachelor of Engineering. Before joining BOI AXA Mutual Fund, he worked with B&K Securities & Infosys. He has an AUM of INR585 Cr and handles 16 schemes. 3. Mr. Akash Manghani - Fund Manager - Equity Mr. Manghani has a Bachelor's in Engineering. Before joining BOI AXA Mutual Fund, he worked with Pioneer Investcorp Ltd., Girik Capital, and Amdocs Ltd. His AUM is INR 495Cr and handles 2 schemes.  4. Mr. Amit Modani - Fund Manager - Fixed income Mr. Modani is a Chartered Accountant. Before joining BOI AXA Mutual Fund, he worked with Quantum Asset Management Company Private Limited and Pramerica Asset Managers Pvt. Ltd. His AUM is INR805Cr and handles 18 schemes. Why should you invest in BOI AXA Mutual Fund?  The BOI AXA Mutual Fund is one of India's largest mutual fund houses. Although smaller in Assets under Management or AUM, BOI AXA Mutual Fund has grown from strength to strength over the past few years.    The BOI AXA Mutual Fund is known for its wide range of packages and superior returns. Their investment capabilities are designed to offer the greatest flexibility to their clients for both core and specialist asset classes.  In Equity, they have more than four decades of active investment experience, underpinned by fundamental research and a long-term approach, designed to capture future trends. Backed by fully integrated risk controls, they offer a broad suite of solutions designed to meet a wide range of client outcomes. With more than four decades of active equity investment experience, their experts employ a bottom-up investment approach to help clients successfully navigate the changing investment landscape and capture the growth drivers of tomorrow.  Equity funds are sometimes also called stock funds. The primary objective of these funds is to facilitate capital appreciation by investing a major portion of the funds in stocks, while a smaller portion may be in bonds, notes, and other debt-related securities. An Equity fund can be an open-ended or a closed-ended fund that allows the investor to invest a small amount of money in a diversified portfolio. Experienced fund managers often do this to minimize the risk associated with investing in equity markets.  BOI AXA Mutual Fund offers BOI AXA Large & Mid Cap Equity Fund, BOI AXA Tax Advantage Fund, BOI AXA Manufacturing & Infrastructure Fund, BOI AXA Small Cap Fund, and BOI AXA Flexi Cap Fund in the Equity category.  Hybrid Funds of BOI AXA Mutual Funds seek to balance the risk and high capital appreciation of equity investments with the lower risk and more consistent returns provided by debt investments. Under the Hybrid category, they offer BOI AXA Conservative Hybrid Fund, BOI AXA Equity Debt Balancer Fund, BOI AXA Mid & Small Cap Equity & Debt Fund, and BOI AXA Arbitrage Fund.   Debt funds are usually preferred by risk-averse individuals who seek to generate returns at rates that are higher than those offered by investment options such as fixed deposits. BOI AXA mutual funds offer BOI AXA Liquid Fund, BOI AXA Ultra Short Duration Fund, BOI AXA Short Term Income Fund, BOI AXA Credit Risk Fund and BOI AXA Overnight Fund in the debt category.  To identify investment opportunities, their quantitative investing pioneers use technology and modeling to deliver fundamental strategies underpinned by environmental, social, and governance (ESG) principles.  Through bottom-up credit analysis and top-down macroeconomic research, their specialists aim to deliver outcome-oriented solutions for their clients via a suite of products that span the fixed-income spectrum.   Their well-established team targets stable, predictable income arising from a diversified risk exposure that complements traditional allocations. They draw on their size and experience to source opportunities across the alternative credit spectrum, adapted to the specific needs of their clients.  Their diverse team of investment professionals and researchers share a common goal – to responsibly design the best combination of asset classes and investment management techniques according to clients’ needs. They combine in-depth, in-country knowledge with longstanding experience, strong convictions, and a thorough understanding of capital structures.  100 % of core managers have access to ESG (Environmental, Social, and Governance) scores and research, which enable them to integrate their ESG fundamentals and apply these non-financial factors as part of their analysis process to identify material risks and growth opportunities. Investing and redeeming BOI AXA Mutual Fund is a very easy and hassle-free task. The portfolio maintained by the BOI AXA Mutual Funds is always maintained by averaging the risk and the return, and investors can expect a good rate of return while featuring a balanced risk. An investor can also choose Systematic Investment Planning by which he can save some part of his monthly income in mutual funds, and in the long term, can make more money for his future goals.  BOI AXA Mutual Funds believes in complete transparency and publishes regular reports regarding the status of its various investments, and an investor can view this portfolio at any time. Select EduFund for investing in BOI AXA Mutual Fund  EduFund makes the process of investing in BOI AXA Mutual Fund convenient. EduFund's experienced consultants give you customized solutions for all your financial goals. You can start investing from a lowly INR 5,000 and grow your capital comfortably. With EduFund, you get the following benefits: Customized Research-Based Financial Plan - EduFund's scientific fund tracker screens over 1 lakh data points and 400 financial scenarios to recommend you the best mutual funds.  Customer-Friendly Counsellors Help You Create a Financial Plan - EduFund's counselors are trained to handle all kinds of queries from customers. They spend as much time with you as you need and resolve all your issues to help you create a robust financial plan. Invest Less, Earn More - Not only the best Indian mutual funds, but EduFund also offers you the facility to invest in US Dollar ETFs and international mutual funds. Use Free Tools - EduFund offers various free tools for its customers, including College Savings Calculator, SIP calculator, etc.  No Technical Expertise Required - You do not need to be a finance expert to understand which mutual fund is the best for you. EduFund does it for you. Value-Added Benefits - You may get value-added benefits like no commission, free advisory, and nil-hidden charges. Secure Transactions - EduFund is RIA-registered and uses top-class 128-SSL security to enable safe transactions. Special Support for Children's Education - EduFund has a dedicated team of experts who help you fulfill your children's educational goals.  FAQ What is the full form of BOI AXA?   BOI AXA Investment Managers Private Limited is a joint venture between Bank of India and AXA Investment Managers, a part of AXA Group, one of the world’s largest players in the Financial Protection industry.   Who is the registrar of BOI AXA mutual fund?   KFIN Technologies Private Limited Shop No 21, Osia Mall, First Floor, Near KTC Bus Stand SGDPA Market Complex, Margao-403601 Phone: 0832-2731823, Email: mfsmargoa@Kfintech.com.   What is the BOI AXA tax advantage fund?   This fund is suitable for investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations.   Can I withdraw from ELSS after 1 year?   Equity Linked Savings Schemes, also known as ELSS, are mutual fund investment plans that enable income tax reduction. They are also referred to be tax-saving funds for this reason. They all have mandatory lock-in periods, although theirs is the shortest at only three years.

Kotak Mahindra Mutual Fund is among the top 10 Asset Management Companies (AMC) in India in terms of Assets under Management (AuM) size. The fund house's Average Assets Under Management in the December 2020 quarter was INR 21,622,792.11.  The asset manager of Kotak Mahindra Mutual Fund (KMMF) is Kotak Mahindra Asset Management Company Limited (KMAMC), a wholly-owned subsidiary of Kotak Mahindra Bank Limited. The Kotak Mahindra Group was established in 1985 and has a legacy of over thirty years in the financial sector. The group received a banking license in 2003 and earned the distinction of becoming the first-ever non-banking financial company to get a banking license. The Kotak Mahindra Group's consolidated net worth exceeds US$ 5 billion. It provides services in commercial banking, mutual funds, stockbroking, investment banking, and life insurance. Besides hundreds of branches, the group also has an International Business Unit in Gujarat's GIFT City and several international offices in Singapore, Mauritius, Dubai, London, New York, and Abu Dhabi.  Kotak Mahindra AMC launched its operations in December 1998 and presently has over 74 lakh active investors investing in various mutual fund schemes. It has more than 85 branches in more than 82 Indian cities targeting all categories of investors. According to industry estimates, almost 95% of DSP mutual fund schemes provide benchmark-beating returns in their category. Kotak Mahindra AMC is the first AMC in India to launch a gilt scheme that invests solely in government securities.  Kotak Mahindra Mutual Fund offers mutual fund schemes in the following categories: Equity - 13 nos. Debt - 12 nos. Hybrid - 5 nos. Tax Saver - 1 no. Liquid and Overnight Scheme - 1 no. Fund of Funds - 3 nos. Exchange-Traded Funds (ETF) - 6 nos. Index Funds - 1 no. Important information about Kotak Mahindra mutual fund Mutual Fund NameKotak Mahindra Mutual FundEstablished On23rd June 1998Date of Incorporation5th August 1994SponsorKotak Mahindra Bank LimitedTrusteeKotak Mahindra Trustee Co. Ltd.Directors, Trustee CompanyMr Amit Krishnakant Desai Mr Sharadkumar Bhatia Mr Chandrashekhar Sathe Mr Uday PhadkeDirectors, Asset Management CompanyMr Uday S. Kotak Mr Nilesh Shah Mr Chengalath Jayaram Mr Gaurang Shah Mr Nalin Shah Mr Sanjiv Malhotra Ms Anjali Bansal Mr Krishnakumar NatarajanChairmanMr. Uday KotakGroup President & Managing Director, KMAMCMr. Nilesh ShahChief Operations OfficerMr. R. KrishnanCompliance Officer & Company SecretaryMs. Jolly BhattChief Investment Officer ( Debt) & Head ProductsMs. Lakshmi IyerSr. Vice President & Fund Manager - EquityMr. Harish KrishnanInvestor Service OfficerMs. Sushma MataRegistrarComputer 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.comAuditorsGrant Thornton India LLP 9th Floor, Classic Pentagon, Near Bisleri,Western Express Highway,Andheri (E), Mumbai - 400 099CustodiansDeutsche Bank AG Deutsche Bank House,Hazarimal Somani Marg, FortMumbai 400 001 Standard Chartered Bank 23/25, M. G. RoadAMC AddressKotak Mahindra Asset Management Company Ltd Address: 27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai - 400051Phone Number022-61152100 / 1800-22-2626Fax022-66384455Emailmutual@kotak.comWebsitehttp://www.kotakmutual.com Ten top-performing Kotak Mahindra mutual fund schemes  Kotak Mahindra Mutual Fund schemes have consistently generated gravity-defying returns across all timeframes. Most of its schemes have beaten the benchmark in their category. The following are the top 10 Kotak Mutual Fund schemes that give the best returns. 1. Kotak Small Cap Fund (Category - Equity: Small Cap) This open-ended fund invests in high-quality small-sized companies that have tremendous growth potential.  The fund has a NAV of 117.4490 (Regular Growth) (as of 19th April 2021), and is one of the top-performing funds in the 'Equity: Small Cap' category. The fund was launched on 24th February 2005 and has given trailing returns of 105% in one year (as of 19th April 2021). The fund considers the NIFTY Smallcap 100 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 (24th February 2005):INR 3,423 Crore (as of 31st March, 2021)Assets2.20% (as of 31st March, 2021)Expense Ratio2.20% (as on 31st March, 2021) 2. Kotak Pioneer Fund (Category - Equity: Thematic) This open-ended fund invests in overseas mutual funds and Indian companies with innovative business ideas and growth potential. The fund has a NAV of 15.2040 (Regular Growth) (as of 19th April 2021), and is one of the top-performing funds in the 'Equity: Thematic' category. The fund was launched on 31st October 2019 and has given trailing returns of 81.32% in one year (as of 19th April 2021). The fund considers the Kotak India Pioneering Innovations Index (85), and MSCI ACWI Information Technology TRI (15) 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 (31st October 2019):2.36% (as of 31st March 2021)Assets2.36% (as of 31st March, 2021)Expense RatioINR 914 Crore (as of 31st March 2021) 3. Kotak Emerging Equity Fund (Category - Equity: Mid Cap) This open-ended fund invests in high-quality mid-sized companies with good fundamentals.  This open-ended fund has a NAV of 56.4960 (Regular Growth) (as of 19th April 2021), and is one of the top-performing funds in the 'Equity: Mid Cap' category. The fund was launched on 30th March 2007 and has given trailing returns of 74.61% in one year (as of 19th April, 2021). The fund considers the NIFTY Midcap 100 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 (30th March 2007):13.10% (as of 19th April 2021)AssetsINR 10,938 Crore (as of 31st March 2021)Expense Ratio1.85% (as of 31st March 2021) 4. Kotak NV 20 ETF (Category - Equity: Large Cap) This open-ended fund invests in top-class companies in the large-cap segment. The fund has a NAV of 78.8651 (IDCW) (as of 19th April 2021), and is one of the top-performing funds in the 'Equity: Large Cap' category. The fund was launched on 2nd December 2015 and has given trailing returns of 62.42% in one year (as of 19th April, 2021). The fund considers the NIFTY 50 Value 20 TRI as its benchmark.   Key information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP Investment-Minimum Withdrawal-Exit LoadNilReturn Since Inception (2nd December 2015):16.56% (as of 19th April 2021)AssetsINR 19 Crore (as of 31st March 2021)Expense Ratio0.14% (as of 31st March 2021) 5. Kotak Infrastructure and Economic Reform Fund - Standard Plan (Category - Equity: Sectoral - Infrastructure) This open-ended fund invests in companies that can benefit from the infrastructural reform. The fund has a NAV of 23.9400 (Regular Growth) (as of 19th April 2021), and is one of the best-performing funds in the 'Equity: Sectoral - Infrastructure' category. The fund was launched on 25th February 2008 and has given trailing returns of 60.38% in one year (as of 19th April, 2021). The fund considers the India Infrastructure 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 (25th February 2008):2.50% (as of 31st March 2021)Assets2.50% (as of 31st March, 2021)Expense RatioINR 341 Crore (as of 31st March 2021) 6. Kotak India EQ Contra Fund (Category - Equity: Value Oriented) This open-ended contrarian fund invests in companies with high growth potential but not much participation in the sectoral rally. The fund has a NAV of 67.7280  (Regular Growth) (as of 19th April 2021) and is one of the top-performing funds in the 'Equity: Value Oriented' category. The fund was launched on 27th July 2005 and has given trailing returns of 57.83% in one year (as of 19th April 2021). The fund considers the NIFTY 100 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 (27th July 2005):2.35% (as of 31st March 2021)Assets2.35% (as of 31st March, 2021)Expense RatioINR 943 Crore (as of 31st March 2021) 7. Kotak Bluechip Fund (Category - Equity: Large Cap) This open-ended contrarian fund invests in large-cap companies with high growth potential. The fund has a NAV of 305.8890 (Regular Growth) (as of 19th April 2021), and is one of the top-performing funds in the 'Equity: Large Cap' category. The fund was launched on 29th December 1998 and has given trailing returns of 54.73% in one year (as of 19th April 2021). The fund considers the NIFTY 50 TRI as its benchmark.   Key information Minimum InvestmentINR 1,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 100Minimum WithdrawalINR 1,000Exit Load1% for withdrawals before 365 daysReturn Since Inception (29th December 1998):INR 2,357 Crore (as of 31st March, 2021)AssetsINR 2,357 Crore (as of 31st March 2021)Expense Ratio2.33% (as of 31st March 2021) 8. Kotak Equity Hybrid Fund (Category - Hybrid: Aggressive Hybrid) This open-ended hybrid fund invests up to 80% of your money in equity stocks and the rest in bonds and high-quality debt instruments.  The fund has a NAV of 19.7240 (Regular Growth) (as on 19th April, 2021), and is one of the top-performing funds in the 'Hybrid: Aggressive Hybrid' category. The fund was launched on 25th November 1999 and has given trailing returns of 53.47% in one year (as on 19th April, 2021). The fund considers the NIFTY 50 Hybrid Composite Debt 65:35 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 (25th November 1999):14.27% (as on 19th April, 2021)AssetsINR 1,380 Crore (as on 31st March, 2021)Expense Ratio2.23% (as on 31st March, 2021) 9. Kotak Global Emerging Market Fund (Category - Equity: International) This open-ended hybrid fund invests in foreign companies' shares. The fund has a NAV of 23.7030 (Regular Growth) (as of 19th April 2021), and is one of the top-performing funds in the 'Equity: International' category. The fund was launched on 26th September 2007 and has given trailing returns of 55.47% in one year (as of 19th April 2021). The fund considers the MSCI Emerging Markets 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 (26th September 2007):INR 128 Crore (as of 31st March, 2021)Assets6.57% (as of 19th April 2021)Expense RatioINR 128 Crore (as of 31st March 2021) 10. Kotak Focused Equity Fund (Category - Equity: Flexi Cap) This open-ended fund invests in quality companies across sectors that have the potential for healthy growth. The fund has a NAV of 13.1670 (Regular Growth) (as of 19th April 2021), and is one of the top-performing funds in the 'Equity: Flexi Cap' category. The fund was launched on 16th July 2019 and has given trailing returns of 51.59% in one year (as of 19th April 2021). The fund considers the NIFTY 200 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 (16th July 2019:2.19% (as on 31st March 2021)AssetsINR 1,865 Crore (as of 31st March 2021)Expense Ratio2.19% (as of 31st March 2021) How can you invest in the Kotak Mahindra mutual fund via EduFund? EduFund makes investing in Kotak Mahindra Mutual Fund easy. Its secure interface, with top-class authentication and encryption technology, ensures bank-like safe transactions and account management. You can quickly invest in a Kotak Mahindra mutual fund scheme by following the below-mentioned steps. Step 1: Download the EduFund app on Google Play Store or Apple App Store and create an account. Step 2:  Choose a scheme and select 'Systematic Investment Plan' (SIP) or 'Invest a Lump Sum.' SIP starts from INR 500 every month, and the lump sum begins from INR 5,000.  Step 3: EduFund provides you with the option to invest, redeem units, close the account, and switch your investment from one fund to another. You can get all information at your fingertips. Step 4: You may talk to a counselor to figure out the best scheme for your financial goals. EduFund's counselors assess your requirements and scan multiple data points to recommend the best Kotak Mahindra mutual fund scheme(s) for you.  Seven best-performing fund managers at Kotak Mahindra Mutual fund 1. Mr. Abhishek Bisen Mr. Abhishek Bisen, Senior Vice President, of Kotak Mahindra Asset Management Company (KMAMC), joined the company in 2006. His educational qualifications include B.A. (Management) and MBA (Finance). Before joining KMAMC, he worked with the Securities Trading Corporation Of India Ltd. He looks after eight (8) schemes of KMAMC, including Kotak Debt Hybrid, Kotak Equity Hybrid, Kotak Gold ETF, Kotak Balanced Advantage Fund, and Kotak Equity Savings.  2. Mr. Deepak Agrawal Mr. Deepak Agrawal, Senior Vice President, Kotak Mahindra Asset Management Company (KMAMC), started his career with Kotak AMC in December 2002. He was initiated into research and dealing, and in November 2006, he entered into fund management. Mr. Agrawal's educational qualifications include M.Com, CA, and C.S. He manages all Fixed Maturity Plans and twelve (12) funds of KMAMC, including Kotak Dynamic Bond Fund, Kotak Floating Rate Fund, Kotak Banking, and PSU Debt Fund, Kotak Money Market Fund, and Kotak Liquid Fund.  3. Mr. Harsha Upadhyaya Mr. Harsha Upadhyaya, Chief Investment Officer - Equity, Kotak Mahindra Asset Management Company (KMAMC), has over twenty years of fund management and equity research experience. His educational qualifications include a B.E. (Mechanical) from the National Institute of Technology, Suratkal, PGDM Finance (IIM, Lucknow), and CFA (CFA Institute, USA). Before joining KMAMC, he worked for several financial organizations like UTI Asset Management, DSP BlackRock, SG Asia Securities, and the Reliance Group. Mr. Upadhyaya looks after four (4) funds of KMAMC, including Kotak Equity Opportunities Fund, Kotak Tax Saver Fund, Kotak Standard Multicap Fund, and Kotak ESG Opportunities Fund.  4. Mr. Harish Krishnan Mr. Harish Krishnan, Sr. Vice President & Fund Manager - Equity, Kotak Mahindra Asset Management Company (KMAMC), has over a decade of fund management and equity research experience. Before joining Kotak Mutual Fund, he managed Kotak's offshore funds in Dubai and Singapore. He also worked with Infosys Technologies Ltd. His educational qualifications include B.Tech ECE (GEC, Trichur), PGDM (IIM, Kozhikode), and CFA (CFA Institute, USA). Mr. Krishnan manages seven (7) funds of KMAMC, including Kotak Pioneer Fund, Kotak Bluechip Fund, Kotak Focused Equity Fund, Kotak India Growth Fund Series 5, and Kotak Infrastructure & Economic Reform Fund.  5. Mr Pankaj Tibrewal Mr. Pankaj Tibrewal, Sr. Vice President & Fund Manager (Equity), Kotak Mahindra Asset Management Company (KMAMC), holds the distinction of being featured in the Outlook Business list of top-10 fund managers in India for four consecutive years between 2016 and 2019. His educational qualifications include B.Com (St. Xavier's College, Kolkata) and a Master's in Finance (Manchester University, U.K.). Mr. Tibrewal has over 17 years of experience in managing several equity and debt schemes. Before joining KMAMC, he served as Principal Mutual Fund. He looks after three (3) funds at KMAMC, including Kotak Small Cap Fund, Kotak Equity Hybrid Fund, and Kotak Emerging Equity Fund.  6. Ms Shibani Sircar Kurian  Ms. Shibani Sircar Kurian, Fund Manager - Equity, Kotak Mahindra Asset Management Company (KMAMC), has more than twenty (20) years of experience in equity markets. She presides over equity research at KMAMC. Her primary responsibility is to track the banking, financial services, and Information Technology sectors. Before joining KMAMC, she worked with UTI Mutual Fund and Dawnay Day A.V. Financial Services. Her educational qualifications include B.Sc. Economics Hons. (St. Xavier's College, Kolkata) and PGDM Finance (T.A. Pai Management Institute, Manipal). Ms. Kurian manages three (3) mutual fund schemes in KMAMC, including Kotak India EQ Contra Fund, Kotak Focused Equity Fund, and Kotak India Growth Fund Series 7.  7. Mr Devender Singhal Mr Devender Singhal, Fund Manager - Equity, joined Kotak Mahindra Asset Management Company in July 2007. He has fourteen (14) years of experience in fund management and equity research in several financial institutions like Kotak Securities Ltd., Religare, Karvy, P N Vijay Financial Services Pvt Ltd, and Dundee Mutual Fund. His educational qualifications include B.Sc. Maths (Delhi University) and PGDM Finance (FORE School of Management, New Delhi). He manages eight (8) funds at KMAMC, including Kotak Debt Hybrid Fund, Kotak India Growth Fund Series-4, Kotak NV20 ETF, Kotak Banking ETF, and Kotak PSU Bank ETF.  Why should you invest in Kotak Mahindra Mutual Fund? Kotak Mahindra Mutual Fund offers various schemes across asset classes. The fund house is present in 80 cities, where it has over 84 branches. Several of its schemes have provided benchmark-beating returns since inception and across all timeframes. The AMC also provides many educational resources for new and experienced mutual fund investors on its website. Hence, you should invest in Kotak Mahindra mutual fund to get decent returns on your investment. Select EduFund for investing in Kotak Mahindra mutual fund EduFund eliminates the need to browse all Kotak Mahindra mutual fund schemes, as it scans one lakh data points and 400 financial scenarios to help you pick the best scheme for you. EduFund enables you to set a financial goal, such as children's higher education, and its free calculator helps you calculate the cost. Once you have determined the cost, you can check which Kotak Mahindra mutual fund scheme(s) can help grow your capital. You may also speak to a counselor for free, who will happily guide you in finding the best scheme.      EduFund's educational resources and free tools are meant to make Kotak Mahindra mutual fund investments simpler for you. And, EduFund's 128-SSL security parameter guarantees 100% safe transactions and secure portfolio management.  FAQs Which is the best Kotak Mahindra fund? Top-rated Kotak Mahindra mutual funds: Kotak Small Cap Fund (Category – Equity: Small Cap) Kotak Pioneer Fund (Category – Equity: Thematic) Kotak Emerging Equity Fund (Category – Equity: Mid Cap) Kotak NV 20 ETF (Category – Equity: Large Cap) Kotak Infrastructure and Economic Reform Fund – Standard Plan (Category – Equity: Sectoral – Infrastructure) Is Kotak mutual fund safe? Kotak Mahindra Mutual Fund offers various schemes across asset classes. The fund house is present in 80 cities, where it has over 84 branches. Several of its schemes have provided benchmark-beating returns since inception and across all timeframes. The AMC also provides many educational resources for new and experienced mutual fund investors on its website. Hence, you can consider investing in Kotak Mahindra mutual fund to get decent returns on your investment. Please talk to a financial expert before 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. Which is better MF or SIP?   There are two types of investments in a mutual fund- Lump sum and SIP. Lump sum investments are best suited in ELSS, where they draw higher returns when the market is steady. SIPs usually perform better in a volatile market. DisclaimerThe data in this presentation are meant for general reading purposes only and are not meant to serve as a professional guide/investment advice for the readers. This presentation has been prepared on the basis of publicly available information, internally developed data and other sources believed to be reliable.Whilst no action has been suggested or offered based upon the information provided herein, due care has been taken to endeavor that the facts are accurate and reasonable as of date. The information placed on the presentation is for informational purposes only and does not constitute an offer to sell or buy a security.The Company reserves the right to make modifications and alterations to the content available on the presentation. Readers are advised to seek independent professional advice and arrive at an informed investment decision before making any investment. Investment in the securities market is subject to market risks, read all the related documents carefully before investing. Past performance of securities/instruments is not indicative of their future performance. The valuation of securities may increase or decrease depending on the factors affecting the securities market.

L&T Mutual Fund is the 12th largest mutual fund house by asset size in India. The fund house manages assets worth (AUM) INR 72, 873.58 crore AUM as of March 31, 2021. As of January 31, 2021, their AUM was INR 68,476.08, which had gone up by  INR 5919.09 Cr from its INR 63057.2 Cr in September 2020. L&T Mutual Fund is a wholly-owned subsidiary of L&T Finance Holdings Limited, a renowned listed company registered with RBI as an NBFC. Its stress has been on delivering superior long-term risk-adjusted performance. L&T Mutual Fund follows a disciplined approach to investment and risk management known as GEM: Generation of new ideas for both equity and fixed-income funds, Evaluation of companies based on various filters & parameters and, monitoring of portfolios, and choosing those that have the most potential. L&T Mutual Fund holds over 2, 534,445 live folios and 42 Investor Service Centres ( April 16, 2021) L&T Mutual Fund offers a wide variety of schemes to investors. It offers Equity Funds, Fixed Income Funds, Hybrid Funds, FMPs & Closed-Ended Funds, and Smart SIP combos. Some well-known equity schemes from its stable are L&T Midcap Fund, L&T Emerging Businesses Fund, etc. L&T Mutual Fund also offers some good debt funds. Some prominent debt schemes are L&T Short-Term Bond Fund, L&T Credit Risk Fund, L&T Liquid Fund, etc., L&T Hybrid Equity Fund, and L&T Arbitrage Opportunities Fund, which are well-known names in the hybrid schemes category.  L&T Mutual Fund has some of the best fund managers. The CEO is Kailash Kulkarni, the Head of Equity Investments is Venugopal Manghat, and the Head of Fixed-Income Investments is Shriram Ramanathan. Vihang Naik manages L&T Midcap Fund and L&T Emerging Businesses Fund. Jalpan Shah is specialized in managing various debt schemes of the fund house. Praveen Ayathan manages hybrid schemes like L&T Balanced Advantage Fund and L&T Arbitrage Opportunities Fund.  The vision of the fund house is to be an admirable, inspirational, and sustainable financial institution in the country.  Important information about L&T Mutual Fund  Name of the AMCL&T Investment Management LimitedIncorporation Date30 April 1996SponsorsL&T Finance Holdings Limited TrusteeL&T Mutual Fund Trustee LimitedTrustees' NameMr. Hemant Yeshwant Joshi, (Independent Director) Mr. Shailesh Vishnubhai Haribhakti, (Associate Director) Mr. Shriniwas Yeshwant Joshi (Independent Director) and Mr. Jayant Gokhale (Independent Director)  Chief Executive Mr. Kailash KulkarniCompliance OfficerL&T Investment Management Ltd.,  Brindavan, Plot No. 177, C.S.T Road, Kalina,  Mumbai 400 098 Contact No.: 022-66554115 complianceofficer@lntmf.co.inInvestor Relations Officer Mr. Ankur Banthiya  Registrar and Transfer agentM/s. Link Intime India Pvt. Ltd.  Address for correspondence C-101, 247 Park, L.B.S. Marg, Vikhroli (W), Mumbai 400 083 Tel.No. +91 22 49186000 Fax No. +91 22 49186060 Email: ltfinbuyback@linkintime.co.in Toll-Free No. 1800 2208 78Toll-free Number 1800 2000 400Email Addressinvestor.line@lntmf.co.inRegistered AddressL&T Investment Management Ltd, 6th Floor, Brindavan Plot No 177, CST Road, Kalina, Santacruz (E) Mumbai - 400098 Maharashtra, India. 10 top-performing L&T Mutual Fund Schemes  L&T Mutual Fund caters to investors with multiple needs, risk profiles as well as the horizon of investment. The funds' performance is calculated based on various parameters such as historic performance, the fund manager's track record, return consistency, and the AUM growth of the mutual fund. Investors can choose from over 140 L&T Mutual Fund schemes across different categories.  1. L&T India Large Cap Fund (Category-Equity: Large Cap; Regular, Growth) L&T India Large Cap Fund is considered suitable to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities, including equity derivatives, in the Indian markets. The scheme predominantly invests in large-cap stocks. The scheme could also additionally invest in Foreign Securities. L&T India Large Cap Fund is an Equity - Large Cap fund that was launched on Oct 23, 2007. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 10% since its launch. Ranked 56 in the Large Cap category, its NAV is INR 34.0990 (April 15, 2021). The fund has been giving 7.92% average annual returns since inception. The benchmark for this scheme is S&P BSE 100 TRI Index. The Annual Recurring Expenses of the L&T India Large Cap Fund -Regular Plan- is 2.25% (As of 31st March 2021) and on Direct Plan is 1.41% (As on 31st March 2021.) This product is suitable for investors who are seeking long-term capital appreciation, investment in equity and equity-related securities, including equity derivatives in the Indian markets and foreign securities; with predominant investments in large-cap stocks. Key information Minimum InvestmentINR 5,000Minimum Additional Investment INR 1,000Minimum Amount/ Number of Units for RedemptionINR 500 or 50 UnitExit LoadIf the units redeemed or switched out are up to 10% of the units purchased or switched in (“the limit”) within 1 year from the date of allotment: Nil. If units redeemed or switched out are over and above the limit within 1 year from the date of allotment: 1% of applicable NAV. If units are redeemed or switched out on or after 1 year from the date of allotment: Nil. No Exit load/CDSC will be chargeable in case of switches made between different options of the Scheme.  No Exit load will be chargeable in case of (i) Units allotted on account of dividend reinvestments, and (ii) Units issued by way of the bonus if any.Fund sizeINR 605.57 Cr (on April 15, 2021) Annual Recurring Expenses (Regular Plan) Annual Recurring Expenses (Direct Plan)  2.25% (As of 31st March 2021)1.41% (As of 31st March 2021) 2. L&T Triple Ace Bond Fund (Category-Debt: Corporate Bond; Regular, Growth) L& T Triple Ace Bond fund is suitable to generate regular and stable income for the unitholder of the Scheme. The fund is invested predominantly in AA+ and above-rated debt and money market instruments. The corpus of the scheme would be invested primarily in debt market securities such as nonconvertible debentures, bonds issued by corporations, banks, and governments, commercial paper, certificates of deposits, and other money market instruments. The scheme would invest predominantly in securities rated by the Credit Rating and Information Services of India Limited (CRISIL) or any other rating agency.  L&T Triple Ace Bond Fund is a Debt - Corporate Bond fund that was launched on Jun 9, 1997. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.5% since its launch. Ranked 39 in the Corporate Bond category, it has a NAV of INR 57.0549 (April 15, 2021). The benchmark for this scheme is CRISIL Composite Credit Risk Index. Key information Minimum InvestmentINR 10,000Minimum Additional Investment INR 1,000Minimum Amount/ Number of Units for RedemptionINR 500 or 50 UnitExit LoadIf the amount sought to be redeemed or switched out is invested for a period of up to 30 days from the date of allotment. : 0.5% of applicable NAV If the amount sought to be redeemed or switched out is invested for a period of more than 30 days from the date of allotment. : NILFund sizeINR 6,294.85Cr (on April 15, 2021) Annual Recurring Expenses (Regular Plan) Annual Recurring Expenses (Direct Plan)  0.63% (As of 31st March 2021)0.27% (As of 31st March 2021) 3. L&T Hybrid Equity Fund (Category-Hybrid: Aggressive; Regular-Growth) L&T Hybrid Equity Fund seeks to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities and to generate reasonable returns through a portfolio of debt and money market instruments. L&T Hybrid Equity Fund is a Hybrid Equity fund that was launched on Feb 7, 2011. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 12.6% since its launch. This fund is ranked 5 in the Hybrid Equity category. The benchmark for this fund is CRISIL Hybrid 35+65 - Aggressive Index. It has a NAV of INR 32.3750 ( April 15, 2021). Key information Minimum InvestmentINR 5,000Minimum Additional Investment INR 1,000Minimum Amount/ Number of Units for RedemptionINR 500 or 50 UnitExit LoadIf the units redeemed or switched out are up to 10% of the units purchased or switched in ("the limit") within 1 year from the date of allotment: Nil. If units redeemed or switched out are over and above the limit within 1 year from the date of allotment: 1 % of Applicable NAV. If units are redeemed or switched out on or after 1 year from the date of allotment: NIL. A switch-out or a withdrawal under SWP may also attract an Exit Load like any Redemption. No Exit Load/CDSC will be chargeable in case of switches made between different options of the Scheme. No Exit Load will be chargeable in respect of redemption/switch out of (i) Units allotted on account of dividend re-investments; and (ii) Units issued by way of the bonus if any.Fund sizeINR 5,732.90 Cr (on April 15, 2021) Annual Recurring Expenses (Regular Plan) Annual Recurring Expenses (Direct Plan)  1.76% (As of 31st March 2021)0.80% (As of 31st March 2021) 4. L&T Balanced Advantage Fund (Formerly Known As L&T Dynamic Equity Fund)  (Category-Hybrid: Dynamic Asset Allocation; Regular, Growth) L&T Dynamic Equity Fund seeks to generate long-term capital appreciation from a diverse portfolio of equity and equity-related securities and to generate reasonable returns by investing in a portfolio of debt and money market instruments and arbitrage opportunities in the cash and derivative segments of the equity markets. L&T Dynamic Equity Fund is a Hybrid - Dynamic Allocation fund that was launched on Feb 7, 2011. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 11.1% since its launch. Ranked 28 in the Dynamic Allocation category, it has a NAV of INR 28.9420 (April 15, 2021). The benchmark for this fund is 50% - S&P BSE-200 TRI Index and 50% CRISIL Short-Term Bond Fund Index. Key information Minimum InvestmentINR 5,000Minimum Additional Investment INR 1,000Minimum Amount/ Number of Units for RedemptionINR 500 or 50 UnitExit LoadIf the units redeemed or switched out are up to 10% of the units purchased or switched in ("the limit") within 1 year from the date of allotment: Nil. If units redeemed or switched out are over and above the limit within 1 year from the date of allotment: Nil. A switch out or withdrawal under SWP or transfer under STP (Except a transfer under STP (except a switch out or transfer under STP into any of the equity schemes or Fund of Fund schemes) may also attract an exit load/CDC like any redemption. No Exit Load/CDSC will be chargeable in case of switches made between different options of the Scheme. No Exit Load will be chargeable in respect of redemption / switch out of redemption of; (i) Units allotted on account of dividend. In case of units switched out/systematically transferred to another option/plan within the same plan/Scheme and if subsequently redeemed, for the purpose of determining the Exit Load, the date when such units were first allotted in the respective plan/Scheme will be considered as the purchase/allotment date.Fund sizeINR  1,014.10  Cr (on April 15, 2021) Annual Recurring Expenses (Regular Plan) Annual Recurring Expenses (Direct Plan)  1.95% (As of 31st March 2021)0.70%  (As of 31st March 2021) 5. L&T Banking and PSU Debt Fund (Category-Debt: Growth; Regular, Growth) L&T Banking and PSU Debt Fund are to generate reasonable returns by primarily investing in debt and money market securities that are issued by Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs) in India. L&T Banking and PSU Debt Fund is a Debt - Banking & PSU Debt fund that was launched on Sep 12, 2012. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 5% since its launch. It is ranked 39 in the Banking & PSU Debt category. Its NAV is INR 19.4495 (April 15, 2021). The benchmark for this fund is NIFTY Banking & PSU Debt Index. Key information Minimum InvestmentINR 10,000Minimum Additional Investment INR 1,000Minimum Amount/ Number of Units for RedemptionINR 500 or 50 UnitExit LoadNILFund sizeINR  6,060.61Cr (on April 15, 2021) 0.61% (As of 31st March 2021)0.21% (As of 31st March 2021) 6. L&T Gilt Fund Regular (Category-Debt: Growth; Regular, Growth) L&T Gilt Fund seeks to generate returns from a portfolio of investments in Government Securities. L&T Gilt Fund is a Debt - Government Bond fund that was launched on Mar 29, 2000. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.3% since its launch. Ranked 10 in the Government Bond category, it has a NAV of INR 53.5978 (April 15, 2021). The benchmark for this fund is CRISIL Corporate Bond Composite Index. Key information Minimum InvestmentINR 10,000Minimum Additional Investment INR 1,000Minimum Amount/ Number of Units for RedemptionINR 500 or 50 UnitExit LoadNILFund sizeINR  282.82 Cr (on April 15, 2021) Annual Recurring Expenses (Regular Plan) Annual Recurring Expenses (Direct Plan)  1.70% (As of 31st March 2021)0. 45% (As of 31st March 2021) 7. L&T Short Term Bond Fund (Category-Debt: Short Duration Fund; Regular, Growth) The investment aim of the scheme is to generate returns for investors with a short-term investment horizon by investing in fixed-income securities of shorter-term maturity. It aims to generate regular returns and capital appreciation by investing in debt, government, and money market securities. L&T Short-Term Bond Fund is a Debt - Short-term Bond fund that was launched on Dec 27, 2011. It is a fund with Moderately Low risk and has given a CAGR/Annualized return of 8.3% since its launch. It is ranked 50 in the Short-Term Bond category. Its NAV is INR 20.8765 (April 15, 2021). The benchmark for this fund is NIFTY Short Duration Debt Index. Key information Minimum InvestmentINR 10,000Minimum Additional Investment INR 1,000Minimum Amount/ Number of Units for RedemptionINR 500 or 50 UnitExit LoadNILFund sizeINR  4,515.41 Cr (on April 15, 2021) Annual Recurring Expenses (Regular Plan) Annual Recurring Expenses (Direct Plan)  0.75% (As of 31st March 2021)0.25% (As of 31st March 2021) 8. L&T Flexicap Fund (Formerly known as L&T Equity Fund) (Category-Equity: Multi-Cap; Regular, Growth) L&T Equity Fund seeks to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities. This is an Equity - Multi-Cap fund that was launched on May 16, 2005. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 15.9% since its launch. Ranked 25 in the Multi-Cap category, its NAV is INR  100.3870 (April 15, 2021). The benchmark for this fund is S&P BSE-500 TRI Index. Key information Minimum InvestmentINR 5,000Minimum Additional Investment INR 1,000Minimum Amount/ Number of Units for RedemptionINR 500 or 50 UnitExit LoadNILFund sizeINR  2,564.96 Cr (on April 15, 2021) Annual Recurring Expenses (Regular Plan) Annual Recurring Expenses (Direct Plan)  1.88% (As on 31st March 2021)1.24% (As on 31st March 2021)   9. L&T India Value Fund (Category-Equity: High Risk; Regular, Growth) L&T India Value Fund aims to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related securities in the Indian markets with a higher focus on undervalued securities. The scheme could also additionally invest in Foreign Securities in international markets. This is an Equity - Value fund that was launched on Jan 8, 2010. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 14.9% since its launch. It is ranked 4 in the Value category. Its NAV is INR 45.6410 (April 15, 2021). The benchmark for this fund is S&P BSE 200 TRI Index. Key information Minimum InvestmentINR 5,000Minimum Additional Investment INR 1,000Minimum Amount/ Number of Units for RedemptionINR 500 or 50 UnitExit LoadIf the units redeemed or switched out are up to 10% of the units purchased or switched in (“the limit”) within 1 year from the date of allotment: Nil. If units redeemed or switched out are over and above the limit within 1 year from the date of allotment: 1% of applicable NAV. If units are redeemed or switched out on or after 1 year from the date of allotment: NilFund sizeINR  6,613.11Cr (on April 15, 2021) Annual Recurring Expenses (Regular Plan) Annual Recurring Expenses (Direct Plan)  1.71% (As of 31st March 2021)0.82% (As of 31st March 2021) 10. L&T Resurgent India Bond Fund (Formerly Known As L&T Resurgent India Corporate Bond Fund) (Category-Debt: Moderate Risk) This fund seeks to generate income by investing primarily in debt and money market securities of fundamentally strong corporate/companies in growth sectors that are closely associated with the resurgence of the domestic economy, with the flexibility to follow a more conservative investment approach during economic downturns. L&T Resurgent India Bond Fund is a Debt - Medium-term Bond fund that was launched on Feb 2, 2015. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.7% since its launch. Its NAV is INR 15.8417 (April 15, 2021).  Key information Minimum InvestmentINR 5,000Minimum Additional Investment INR 1,000Minimum Amount/ Number of Units for RedemptionINR 500 or 50 UnitExit LoadOn or before 1 year from the date of allotment or Purchase applying First in First Out basis - 1% of applicable NAV. After 1 year - NILFund sizeINR  806.95 Cr (on April 15, 2021) Annual Recurring Expenses (Regular Plan) Annual Recurring Expenses (Direct Plan)  1.50%  (As of 31st March 2021)0.60% (As of 31st March 2021) How can you invest in L&T Mutual Fund Via EduFund? Investing in L&T mutual fund via Edufund is a simple, four-step process.  Step 1 - Download the EduFund App from Google Play Store or Apple App Store and create an online account. Step 2 - Select a scheme - Browse a wide range of L&T mutual fund schemes and choose the right scheme to suit your financial goals. You may invest in a Systematic Investment Plan (SIP) or a lump sum. The inbuilt recommendation engine suggests the best scheme for your financial objectives. Step 3 - View and Track Your Transaction(s) - The amount you have invested will reflect in your EduFund account within four working days. You can track the L&T mutual fund NAV, account balance, statement, and other information in the app. Also, you can purchase, redeem, or switch L&T mutual fund units. Step 4 - Speak with a Mutual Fund Counsellor - You can connect with a mutual fund consultant to discuss your goals and avail personalized advice.  EduFund uses top-class authentication and encryption technologies to ensure bank-like secured transactions and safeguard your investments.   Top 6 best performing Fund Managers At L&T Mutual Fund The fund manager plays a critical role in driving value and generating growth for your investments. The following are the best-performing fund manager in L&T AMC whose funds have been consistently bringing some of the best returns.  1. Mr. Venugopal Manghat- Head - Equities Mr. Venugopal Manghat is Head - Of Equities at L&T Investment Management Limited. He manages the L&T India Value Fund, L&T Business Cycles Fund, L&T India Large Cap Fund, and L&T Arbitrage Opportunities Fund. He also manages the equity component of the L&T Equity Savings Fund and L&T Monthly Income Plan.  Mr. Manghat has an experience of 25 years in equity markets in India. Before joining L&T Investment Management, he was Co-head of Equities at Tata Asset Management. He has worked for more than 16 years with Tata Asset Management Limited, having joined as a Management Trainee and has worked in various capacities, including as a dealer for equity & debt, as a research analyst for equity & credit, as Head of Research and managing some key equity and hybrid schemes for the company. He started his career as a research analyst on the sell side before joining Tata Asset Management. He holds a Bachelor of Mathematics degree and an MBA in Finance. The major funds he handles include L&T India Large Cap Fund, L&T India Value Fund, L&T Conservative Hybrid Fund (Equity Component), L&T Equity Savings Fund (Equity Component), L&T Arbitrage Opportunities Fund, L&T Business Cycles Fund, L&T Equity Fund (Co-FM), L&T Large and Midcap Fund (Co-FM), L&T Tax Advantage Fund (Co-FM), L&T Balanced Advantage Fund (Formerly known as L&T Dynamic Equity Fund), (Equity Component) (Co-FM), L&T Infrastructure Fund, L&T Hybrid Equity Fund (Equity Component), L&T Midcap Fund (Co-FM), L&T Emerging Businesses Fund, L&T Focused Equity Fund (Co-FM), L&T Emerging Opportunities Fund Series - I (Co-FM) 17 L&T Emerging Opportunities Fund Series - II (Co-FM). As of March 31, 2021, he has an AUM of INR  39,348 Cr under 35 schemes.  2. Mr. Shriram Ramanathan - Head - Fixed Income Mr. Shriram Ramanathan oversees the management of more than INR 30,000 crore in assets across different fixed-income funds. He has been with the Investment Management business since June 2012 and has over 20 years of experience in fixed-income markets. Before joining the Investment Management business, he was Portfolio Manager at Fidelity (FIL) Fund Management. In his previous roles, Shriram was managing the Global Emerging Market Debt (Asia) at ING Investment Management Asia Pacific in Hong Kong for about 5 years. His earlier assignments were with Zurich Asset Management Company in fixed income research and with the Treasury department of ICICI Bank, where he started his career in investments in 2000. Mr. Ramanathan is a Chartered Financial Analyst and holds a Post-Graduate Diploma in Business Management from XLRI Jamshedpur and an Engineering degree from the University of Mumbai. The mutual funds he manages at L&T include L&T Liquid Fund, L&T Low Duration Fund, L&T Credit Risk Fund, Fixed Maturity Plans (Co-FM), L&T Triple Ace Bond Fund, L&T Resurgent India Bond Fund, L&T Hybrid Equity Fund (Debt Component), L&T Short-Term Bond Fund, L&T Flexi Bond Fund, L&T Overnight Fund (Formerly known as L&T Cash Fund) (Co-FM), L&T Banking and PSU Debt Fund (Co-FM), L&T Gilt Fund (Co-FM), L&T Ultra Short Term Fund (Co-FM) and L&T Money Market Fund (Co-FM). He manages an AUM of INR 36,962 Cr under 12 schemes as of March 31, 2021. 3. Mr Praveen Ayathan He has 28 years of experience and has been with L&T for the past eight years. Before joining L&T, he was with Kotak Asset Management Company as Manager-Equity Dealing. He is a mathematics graduate.   The funds he handles at L&T mutual funds include Arbitrage Opportunities Fund (Co-FM), L&T Equity Savings Fund (Co-FM), L&T Balanced Advantage Fund (Formerly known as L&T Dynamic Equity Fund) (Co-FM), L&T Nifty 50 Index Fund and L&T Nifty Next 50 Index Fund. He manages an AUM of INR 3,581 Cr under 7 schemes as of March 31, 2021. 4. Mr. Vihang Naik Mr. Vihang Naik is currently a Fund Manager at L&T Investment Management Ltd. Since 2012, he has been managing an AUM INR ₹31,947 Cr invested in 26 schemes as of March 31, 2021. He has 14 years of experience.  Mr. Naik was initially a Research Analyst at SBICAP Securities back in 2006. He joined Motilal Oswal Securities Ltd. in 2008 as a Research Analyst. In 2010, he moved to MF Global as a Research Analyst. He holds a BMS degree from the University of Mumbai. Mr. Naik is also a Chartered Financial Analyst from the CFA Institute. The funds he manages include L&T Equity Fund, L&T Large and Midcap Fund, L&T Tax Advantage Fund, L&T Balanced Advantage Fund (Formerly known as L&T Dynamic Equity Fund) (Equity Component), L&T Infrastructure Fund (Co-FM), L&T Hybrid Equity Fund (Equity Component) (Co-FM), L&T Midcap Fund, L&T Emerging Businesses Fund (Co-FM), L&T Focused Equity Fund, L&T India Large Cap Fund (Co-FM), L&T Emerging Opportunities Fund Series – I, L&T Emerging Opportunities Fund Series – II, L&T India Value Fund (Co-FM), L&T Business Cycles Fund (Co-FM), L&T Equity Savings Fund (Equity Component) (Co-FM) and L&T Conservative Hybrid Fund (Equity Component) (Co-FM). 5. Mr. Jalpan Shah Mr. Jalpan Shah is currently the Portfolio Manager of Fixed Income at L&T Investment Management Ltd. He manages an AUM of INR 36,755 Cr under 51 schemes (March 31, 2021).  He was a Research Analyst at UTI Mutual Fund in 2004. In 2007, he joined Fidelity International as an Associate Trader of Fixed Income. Mr. Shah has a degree in Mechanical Engineering from Sardar Patel University. He is an MBA in Finance from T. A. Pai Management Institute. 16 years of experience.  The funds he manages include L&T Liquid Fund (Co-FM), L&T Ultra Short Term Fund, L&T Short-Term Bond Fund (Co-FM), L&T Flexi Bond Fund (Co-FM), L&T Gilt Fund, L&T Banking and PSU Debt Fund, L&T Overnight Fund (Formerly known as L&T Cash Fund), Fixed Maturity Plans, L&T Conservative Hybrid Fund (Debt Component), L&T Balanced Advantage Fund (Formerly known as L&T Dynamic Equity Fund) (Debt Portion), L&T Equity Savings Fund (Debt Portion), L&T Triple Ace Bond Fund (Co-FM), L&T Money Market Fund, L&T Arbitrage Opportunities Fund (Debt Portion), L&T Low Duration Fund (Co-FM), L&T Credit Risk Fund (Co-FM), L&T Resurgent India Bond Fund (Co-FM). 6. Mr. Alok Ranjan Mr. Alok Ranjan is an investment professional with L&T Investment Management. He is an MBA from IIM Calcutta and is a graduate of NIT Warangal where he graduated with an Institute Rank and a Gold Medal. He has over 8 years of domain experience, and his Sector coverage includes Auto and Auto Ancillaries, Infra, Cement, Capital Goods, Chemicals, Agri related, and Oil and Gas.  He manages L&T Equity Fund, L&T India Large Cap Fund, L&T Large and Midcap Fund, L&T India Value Fund, L&T Hybrid Equity Fund, L&T Emerging Businesses Fund, L&T Arbitrage Opportunities Fund, and L&T Business Cycles Fund. He manages an AUM of INR 26,641 Cr under 12 schemes as on March 31, 2021.    Why invest in L&T MF Schemes?  L&T Mutual Fund is one of the leading AMCs in India that offers a diverse range of schemes to cater to the specific requirements of individuals based on their expected returns, risk appetite, and other related factors. Individuals can purchase and redeem their funds at their convenience with little hassle, either through online or offline mode. L&T Mutual Fund evaluates companies by considering several parameters such as liquidity, business attractiveness, management track record, and much more. Investors can choose from options like Equity Funds, Fixed Income Funds, Hybrid Funds, and Fixed Maturity Plans offered by the AMC. L&T offers nearly 146 funds to choose from. The fund house manages assets worth (AUM) INR 72, 873.58 crore AUM as of March 31, 2021.  The fund house is known for its disciplined approach to investment and risk management and it has 42 investor service centers (as on April 15, 2021) to cater to all categories of investors. The distinguished fund house is reputed for its sound investment management practices and knowledgeable fund management team. Select EduFund for investing in L&T Mutual Fund EduFund makes the process of investing in L&T mutual funds convenient. EduFund's experienced consultants give you customized solutions for all your financial goals. You can start investing from a lowly INR 5,000 and grow your capital comfortably. With EduFund, you get the following benefits: Customized Research-Based Financial Plan - EduFund's scientific fund tracker screens over 1 lakh data points and 400 financial scenarios to recommend you the best mutual funds.  Customer-Friendly Counsellors Help You Create a Financial Plan - EduFund's counselors are trained to handle all kinds of queries from customers. They spend as much time with you as you need and resolve all your issues to help you create a robust financial plan. Invest Less, Earn More - Not only the best Indian mutual funds, but EduFund also offers you the facility to invest in US Dollar ETFs and international mutual funds. Use Free Tools - EduFund offers various free tools for its customers, including College Savings Calculator, SIP calculator, etc.  No Technical Expertise Required - You do not need to be a finance expert to understand which mutual fund is the best for you. EduFund does it for you. Value-Added Benefits - You may get value-added benefits like no commission, free advisory, and nil-hidden charges. Secure Transactions - EduFund is RIA-registered and uses top-class 128-SSL security to enable safe transactions. Special Support for Children's Education - EduFund has a dedicated team of experts who help you fulfill your children's educational goals.  FAQs What are some best L&T mutual fund schemes to invest in? Some of the top-performing L&T mutual funds for you to invest in are - L&T India Large Cap Fund, L&T Triple Ace Bond Fund, L&T Hybrid Equity Fund, etc. Can I invest in L&T mutual funds online? Yes, you can invest in L&T mutual funds online through the EduFund App. Simply download the app, register and complete your KYC, explore some of the top mutual funds and pick any to invest in. Are there any benefits to investing in L&T mutual funds? The top-performing L&T mutual funds help investors in building dual benefits, earn regular returns, build long-term wealth, etc. Consult an expert advisor to get the right plan TALK TO AN EXPERT

Motilal Oswal Mutual Fund is a 100% subsidiary of Motilal Oswal Securities Limited that provides efficient and well-diversified financial services. Motilal Oswal Financial Services Limited, launched in 2005, acquired two prominent companies - Motilal Oswal Venture Capital Advisors Private Limited and Motilal Oswal Securities Ltd. Motilal. The acquisition also includes Peninsular Capital Markets Ltd. In 2007-08. Motilal Oswal Asset Management Co. Ltd was set up on 14 November 2009 and it manages a corpus under the management of Rs. 27993.146 crores as of 31st March 2021 its current offering of mutual fund schemes includes 20 equity,18 debt, and 7 hybrid funds. Motilal Oswal Asset Management Company is the manager for Motilal Oswal Mutual Funds’ investments. Motilal Oswal AMC was incorporated in 2008 under the Companies Act, of 1956. The AMC also conducts advisory services to financial consultancies, offshore funds, and the exchange of research on a commercial basis. Motilal Oswal AMC is one of India’s fastest-growing asset management companies with its operations in more than 600 locations across the country, with over 9 lakh registered clients and about 2400 physical office premises. The team of the AMC focuses on wholesaling through marquee distribution platforms and having strong relationships backed by a performance track record.  The vision of Motilal Oswal AMC is to ‘Buy Right, Sit Tight’ strategy for all its investments. Their plans have unique features such as “Low Churn” and “Focused” portfolios. ‘Buy Right’ means to buy quality at the most cost-effective price. ‘Sit Tight’ means to stay invested for a long time to realize the maximum potential of the stocks. Their unique objective is QGLP which means quality, growth, longevity, and price. Motilal Oswal was also recognized as one of the top 100 best companies to work for in the India & Economics Times survey. The AMC is sponsored by MOFSL - Motilal Oswal Financial Services Limited. In 2010, the AMC launched its first mutual fund, and in the next year, Motilal Oswal AMC became the first to enter its entity on NASDAQ. Features of Motilal Oswal Mutual Fund AMC In 2018, according to the India & Economics Times survey, the Motilal Oswal brand was awarded as one of the top 100 best companies to work for. Motilal Oswal Financial Services is spread in over 600 cities with more than 5000 professionals and 2400 business locations across India.  The company offers a wide range of financial products in Asset Management, Institutional Broking, Private Equity, Private Retail Broking, Investment Banking, Wealth Management, and Home Finance. Its mission incorporates QGLP, ensuring quality, growth, longevity, and price for its investors. The fund managers consider the longevity of the competitive advantage, the fair price of the stocks, the quality of the business, choosing stock for a portfolio, and growth in earnings.  It consists of many funds with good CRISIL ratings.  Motilal Oswal AMC believes in the ‘Buy Right, Sit Tight’ vision to keep track of performance to ensure higher returns. Important information about Motilal Oswal Mutual Fund ParticularsDetailsSponsorMotilal Oswal Securities LimitedTrusteeThe Motilal Oswal Trustee Company LimitedTrustee Directors•Mr. Sandip Ghose (Director) •Mr. Sunil Goyal (Director) •Mr. Brij Gopal Daga (Director) •Mr. Vijay Kumar Goel (Associate Director)AMC Directors•Mr. Raamdeo Agrawal (Chairman) •Mr. Abhaya Hota (Director) •Mr. Ashok Jain (Director) •Ms. Rekha Shah (Director) •Mr. Aashish P Somaiyaa (Managing Director & CEO)Auditors•M/s. N.M. Raiji & Co. for Mutual Fund, •M/s. Premal H. Gandhi & Co. - For AMCFounded29 December 2009Set up14 November 2009Statutory DetailsRegistered with SEBI under the SEBI (MF) as a Portfolio Manager, Registration No - INP000000670Vice President-cum-Fund ManagersAbhiroop Mukherjee, Siddharth Bothra, Akash Singhania, and Niket ShahCEONavin AgarwalInvestor Relations OfficeYatin DoliaMD & CEOMr. Aashish SomaiyaaRegistrar and Transfer AgentKevin Technologies Pvt Ltd.CustodianCitibank NAQuarterly AUM24184.98Compliance OfficerMs. Aparna KarmaseAddressHead Office: Motilal Oswal Asset Management Co. Ltd Address Motilal Oswal Tower, 10th Floor, Opp Parel ST Depot, Prabhadevi, Mumbai – 400025Baroda mutual fund customer care number022-39804263, 022-30896884 (fax), or you can try their toll-free number 1800-200-6626Email mfservice@motilaloswal.comWebsitewww.motilaloswalmf.com 10 top-performing Motilal Oswal Mutual Fund Schemes  Motilal Oswal 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 Motilal Oswal mutual fund schemes in India. 1. Motilal Oswal Focused 25 Fund Direct-Growth (Category - Equity: Large Cap) The Scheme's objective is to attain long-term capital appreciation by investing in up to 25 companies with growth potential and long-term sustainable competitive benefits. Motilal Oswal Focused on 25 Fund Direct-Growth, with a NAV of 32.6685 (as of 1st May 2021), in the 'Equity: Large Cap' category. This fund was launched on 13 May 2013 and has given trailing returns of 40.40% in one year and 39.69% in 3 years (as of 30th April 2021). The fund considers the NIFTY 50 Total Return Index as its benchmark and is currently managed by its fund managers Siddharth Bothra and Abhiroop Mukherjee Key information Minimum InvestmentINR 500Minimum SIP InvestmentINR 500Exit LoadExit load of 1% if redeemed within 15 daysReturn Since Inception (13 May 2013):224.39% (as of 30th April 2021)AssetsINR 1618.03 Crore (as of 31st March 2021)Expense Ratio0.97% (as of 31st March 2021) 2. Motilal Oswal Midcap 30 Fund Direct-Growth (Category - Equity: Midcap) The scheme aims at long-term capital appreciation by investing in a maximum of 30 quality mid-cap companies having the potential for growth and long-term competitive benefit. Motilal Oswal Midcap 30 Fund Direct-Growth, with a NAV of 35.5716 (as of 1st May 2021), in the 'Equity: Midcap’ category. This fund was launched on 24 Feb 2014 and has given trailing returns of 59.84% in one year and 28.20% in 3 years (as of 30th April 2021). The fund considers the NIFTY Midcap 100 Total Return Index as its benchmark and is currently managed by its fund manager Niket Shah Key information Minimum InvestmentINR 500Minimum SIP InvestmentINR 500Exit LoadExit load of 1% if redeemed within 15 daysReturn Since Inception (24 Feb 2014):225.21% (as of 30th April 2021)AssetsINR 1895.75 Crore (as of 31st March 2021)Expense Ratio0.69% (as of 31st March 2021) 3. Motilal Oswal Flexi Cap Fund Direct-Growth (Category - Equity: Multicap) The Scheme aims to attain long-term capital appreciation by primarily investing in a maximum of 35 equity & equity-related instruments across sectors and market capitalization levels. Motilal Oswal Flexi Cap Fund Direct-Growth, with a NAV of 32.9833 (as of 1st May 2021), in the 'Equity: Multicap’ category. This fund was launched on 28 Apr 2014 and has given trailing returns of 42.31% in one year and 15.37% in 3 years (as of 30th April 2021). The fund considers the NIFTY 500 Total Return Index as its benchmark and is currently managed by its fund manager Akash Singhania. Key information Minimum InvestmentINR 500Minimum SIP InvestmentINR 500Exit LoadExit load of 1% if redeemed within 15 daysReturn Since Inception (28 Apr 2014):231.49% (as of 30th April 2021)AssetsINR 11872.55 Crore (as of 31st March 2021)Expense Ratio0.92% (as of 31st March 2021) 4. Motilal Oswal Focused 25 Fund Direct-IDCW Payout (Category - Equity: Large-cap) The Scheme aims to attain long-term capital appreciation by investing in up to 25 companies with long-term sustainable competitive advantage and growth potential. Motilal Oswal Focused 25 Fund Direct-IDCW Payout, with a NAV of 19.1244 (as of 1st May 2021), in the 'Equity: Large cap’ category. This fund was launched on 13 May 2013 and has given trailing returns of 40.40% in one year and 39.69% in 3 years (as of 30th April 2021). The fund considers the NIFTY 50 Total Return Index as its benchmark and is currently managed by its fund managers Siddharth Bothra and Abhiroop Mukherjee. Key information Minimum InvestmentINR 500Minimum SIP InvestmentINR 500Exit LoadExit load of 1% if redeemed within 15 daysReturn Since Inception (13 May 2013):224.93% (as of 30th April 2021)AssetsINR 1618.03 Crore (as of 31st March 2021)Expense Ratio0.97% (as of 31st March 2021) 5. Motilal Oswal Focused 25 Fund Direct-IDCW Reinvestment (Category - Equity: Large-cap) The Scheme aims to attain long-term capital appreciation by investing in up to 25 companies with long-term sustainable competitive advantage and growth potential. Motilal Oswal Focused on 25 Fund Direct-IDCW Reinvestment, with a NAV of 19.1244 (as of 1st May 2021), in the 'Equity: Large cap’ category. This fund was launched on 13 May 2013 and has given trailing returns of 40.40% in one year and 39.69% in 3 years (as of 30th April 2021). The fund considers the NIFTY 50 Total Return Index as its benchmark and is currently managed by its fund managers Siddharth Bothra and Abhiroop Mukherjee. Key information Minimum InvestmentINR 500Minimum SIP InvestmentINR 500Exit LoadExit load of 1% if redeemed within 15 daysReturn Since Inception (13 May 2013):224.93% (as of 30th April 2021)AssetsINR 1618.03 Crore (as of 31st March 2021)Expense Ratio0.97% (as of 31st March 2021) 6. Motilal Oswal Focused 30 Fund Direct-IDCW Reinvestment (Category - Equity: Mid-cap) The scheme aims to attain long-term capital appreciation by investing in a maximum of 30 quality mid-cap companies having long-term competitive advantages and potential for growth. Motilal Oswal Focused 30 Fund Direct-IDCW, with a NAV of 20.4877 (as of 1st May 2021), in the 'Equity: Midcap’ category. This fund was launched on 24 Feb 2014 and has given trailing returns of 59.84% in one year and 28.20% in 3 years (as of 30th April 2021). The fund considers the NIFTY Midcap 100 Total Return Index as its benchmark and is currently managed by its fund manager Niket Shah. Key information Minimum InvestmentINR 500Minimum SIP InvestmentINR 500Exit LoadExit load of 1% if redeemed within 15 daysReturn Since Inception (24 Feb 2014):255.27% (as of 30th April 2021)AssetsINR 1895.75 Crore (as of 31st March 2021)Expense Ratio0.69% (as of 31st March 2021) 7. Motilal Oswal Focused 30 Fund Direct-IDCW (Category - Equity: Mid-cap) The scheme aims to attain long-term capital appreciation by investing in a maximum of 30 quality mid-cap companies having long-term competitive advantages and potential for growth. Motilal Oswal Focused 30 Fund Direct-IDCW, with a NAV of 20.4877 (as of 1st May 2021), in the 'Equity: Midcap’ category. This fund was launched on 24 Feb 2014 and has given trailing returns of 59.84% in one year and 28.20% in 3 years (as of 30th April 2021). The fund considers the NIFTY Midcap 100 Total Return Index as its benchmark and is currently managed by its fund manager Niket Shah. Key information Minimum InvestmentINR 500Minimum SIP InvestmentINR 500Exit LoadExit load of 1% if redeemed within 15 daysReturn Since Inception (24 Feb 2014):255.27% (as of 30th April 2021)AssetsINR 1895.75 Crore (as of 31st March 2021)Expense Ratio0.69% (as of 31st March 2021) 8. Motilal Oswal Flexi Cap Fund Direct-IDCW (Category - Equity: Multi cap) The Scheme aims to attain long-term capital appreciation by primarily investing in a maximum of 35 equity & equity-related instruments across sectors and market capitalization levels. Motilal Oswal Flexi Cap Fund Direct-IDCW, with a NAV of 23.1898 (as of 1st May 2021), in the 'Equity: Multicap’ category. This fund was launched on 28 Apr 2014 and has given trailing returns of 42.31% in one year and 15.37% in 3 years (as of 30th April 2021). The fund considers the NIFTY 500 Total Return Index as its benchmark and is currently managed by its fund manager Akash Singhania. Key information Minimum InvestmentINR 500Minimum SIP InvestmentINR 500Exit LoadExit load of 1% if redeemed within 15 daysReturn Since Inception (28 Apr 2014):231.49% (as of 30th April 2021)AssetsINR 11872.55 Crore (as of 31st March 2021)Expense Ratio0.92% (as of 31st March 2021) 8. Motilal Oswal Flexi Cap Fund Direct-IDCW Reinvestment (Category - Equity: Multi cap) The Scheme aims to attain long-term capital appreciation by primarily investing in a maximum of 35 equity & equity-related instruments across sectors and market capitalization levels. Motilal Oswal Flexi Cap Fund Direct-IDCW Reinvestment, with a NAV of 23.1898 (as of 1st May 2021), in the 'Equity: Multicap’ category. This fund was launched on 28 Apr 2014 and has given trailing returns of 42.31% in one year and 15.37% in 3 years (as of 30th April 2021). The fund considers the NIFTY 500 Total Return Index as its benchmark and is currently managed by its fund manager Akash Singhania. Key information Minimum InvestmentINR 500Minimum SIP InvestmentINR 500Exit LoadExit load of 1% if redeemed within 15 daysReturn Since Inception (28 Apr 2014):231.49% (as of 30th April 2021)AssetsINR 11872.55 Crore (as of 31st March 2021)Expense Ratio0.92% (as of 31st March 2021) 10. Motilal Oswal Long-Term Equity Fund Direct-Growth (Category - Taxsaver: ELSS) ELSS Funds enable long-term wealth accumulation along with the benefit of tax saving and come with a lock-in period of 3 years,. Investing in ELSS Funds makes the investor eligible to claim a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act 1961. Motilal Oswal Long Term Equity Fund Direct-Growth, with a NAV of 24.0191 (as of 1st May 2021), in the Taxsaver: ELSS category. This fund was launched on 21 Jan 2015 and has given trailing returns of 50.03% in one year and 24.40% in 3 years (as of 30 April 2021). The fund considers the NIFTY 500 Total Return Index as its benchmark and is currently managed by its fund manager Aditya Khemani. Key information Minimum InvestmentINR 500Minimum SIP InvestmentINR 500Exit LoadNILReturn Since Inception (21 Jan 2015):137.87% (as of 30th April 2021)AssetsINR 2048.02 Crore (as of 31st March 2021)Expense Ratio0.69% (as of 31st March 2021) Using the Motilal Oswal Mutual Fund Calculator  Investments in Motilal Oswal Mutual Funds help them realize how much their current savings can generate returns in the coming years and how to approximate returns they can gauge. By using the Motilal Oswal Mutual Fund Calculator, the investor can come to terms with expected profits just by entering data like income, amount to be invested, age, expected rate of returns, etc, on the calculator. The Motilal Oswal Mutual Fund Calculator helps achieve long-term goals by investing in various kinds of mutual funds within the AMC.  Save Tax by investing in Tax Saving Mutual Funds from Motilal Oswal AMC (ELSS) Motilal Oswal ELSS Funds are diversified equity funds that offer tax savings under section 80C of the Income Tax Act, 1961, and give the investor an opportunity for long-term wealth creation. These funds are ideal for investors who have a higher risk appetite and have a lock-in period of 3 years. NameType of FundMinimum InvestmentCategory Returns3-year returnsMotilal Oswal Long-Term Equity Fund Direct-GrowthELSSRs. 5003.10% - 22.28%  9.30Motilal Oswal Long-Term Equity Fund Direct - Dividend PayoutELSSRs. 5003.10% - 22.28%  9.30 How to invest in Motilal Oswal Mutual Funds via EduFund? To make investments in Motilal Oswal Mutual Funds online, one will be required to visit EduFund to register and invest in Mutual Funds. EduFund is a renowned portal registered with AMFI, BSE, and SEBI with zero fees to sign up. The investment logged in by the individual will reflect in his EduFund account within 3-5 business days. He can also use his Motilal Oswal Mutual Fund login on the organization's official website (www.motilaloswalmf.com) and click on the ‘Transact Online’ option on the right side of the page. Mutual fund investment can be made within minutes by following the steps below Step 1. To invest in Mutual funds, the investor needs to fill out an appropriate application form to start investing. In case the investor opts for a Systematic Investment Plan (SIP), he would need to fill out two forms; the 1st one will be to open an account, and the 2nd one will mention details about the SIP, which includes details like frequency, amount of installment, tenure, whether monthly/quarterly installments to be invested, etc. Step 2. The investor must click on the button ‘start’ so that the list of investment options is displayed based on life goals. Investors can choose the mutual fund that suits them the best. Click on the “Continue” button to proceed with the mutual fund investment. Step 3. The investor may have to Sign up and Create an Account if he is a new investor and submits all his relevant KYC documents. Step 4. He will have to select the type of fund he wants to invest in and his payment mode. Step 5. He must check the Plan and Fund Allocation and then click on ‘next’ to make the payment. Step 6. He should make the payment online by submitting his Bank Details and Money Transfer or by using his debit/credit card. He must select his bank account and PAN Number and save them on the webpage. Documents required for KYC Any individual investing or planning to invest in Motilal Oswal Mutual Fund needs to have relevant KYC documents to invest. To complete the KYC and verification process, the investor must submit any one of the following documents as  Proof of identification Passport Voter’s ID Aadhaar card Driving license Any document from the Central Government with the identification number NREGA job proof Proof of Address Passport Voter’s ID Aadhaar card Driving license NREGA job proof Any document from the Central Government with the identification number Why choose Motilal Oswal Mutual Funds from EduFund? The Motilal Oswal Asset Management Company (MOAMC) is an organization sponsored by Motilal Oswal Securities Limited. It is responsible for ensuring profitable long-term investments which can generate high returns for the investors using EduFund.  Benefits are: It helps in undertaking business pursuits like providing management services and advisory features.  Organizations like research exchanges for commercial purposes, offshore funds, financial consultancies, and so on benefit by investing in Mutual Funds.  Motilal Oswal Mutual Fund is highly reputed in the market that caters to the diversified investment needs of investors.  Motilal Oswal Mutual Fund falls under the direct investment management of MOAMC, which is quite well-known among investors in India. Motilal Oswal Mutual Fund is a premier AMC with over 9 Lakh registered clients, and active operations in over 600 locations across the country. With over 2400 office premises, Motilal Oswal has a diversified portfolio of financial services. Top Fund managers Top Fund Managers at Motilal Oswal Asset Management Company (MOAMC) Equity Fund Managers Mr. Akash Singhania Mr. Siddharth Bothra Mr. Swapnil Mayekar Mr. Niket Shah Mr. Abhiroop Mukherjee Mr. Herin Visaria Mr. Aditya Khemani 1. Akash Singhania - Senior Vice-President and Fund Manager at Motilal Oswal AMC He successfully navigates the volatility related to midcap stocks and manages Motilal Oswal Mid Cap 30 Fund directly. He has huge experience in managing assets for more than 11 years. Mr. Singhania is a qualified Company Secretary – Corporate Laws & Taxation from ICSI is a Chartered Accountancy in Accounting & Auditing from ICAI and has completed his PGDM (MBA) in Finance & Marketing from IIM Lucknow. 2. Siddharth Bothra – The senior Vice-President at Motilal Oswal Asset Management Company (MOAMC) Siddharth Bothra has more than 13 years of experience in research and investments, and he also manages the Motilal Oswal Equity Hybrid Fund, and the Motilal Oswal Focussed 25 Fund.  He has completed his MBA International Student Exchange at NYU Stern School of Business in New York and B. Com (Honours). He holds an honors degree in MBA - Post Graduate Program from ISB - Indian School of Business, Hyderabad). Mr. Bothra is currently the Senior VP and Fund Manager at Motilal Oswal AMC. He was previously associated with Alchemy Share & Stocks, Motilal Securities Ltd., and VCK Share & Stocks.  3. Swapnil Mayekar - Fund Manager at MOAMC He is an integral part of the product development team with his key area of expertise in model testing, creating customized indices, quantitative analysis, and building a research database. He has more than 10 years of experience in the financial services industry. For the past 5 years, he has been part of the product development team and fund management at Motilal Oswal AMC. Mr. Mayekar was associated with Business Standard Limited, and now he is also the Fund Manager of the Index Funds launched by MOAMC.  .He has done his post-graduation in Commerce in Finance Management from the University of Mumbai. He manages the ETFs and FOFs at Motilal Oswal AMC, Nifty 500 Fund, Motilal Oswal Nifty Bank Index Fund, Nifty Smallcap 250 Index Fund, Motilal Oswal Nifty Next 50 Index Fund, Nifty Midcap 150 Index Fund, and Multi-Asset Fund. 4. Niket Shah – Vice President – Associate Fund Manager at Motilal Oswal Mutual Fund Niket Shah is a Fund Manager at MOAMC with 9 years of experience and looks after MO Midcap 30 Fund. He has massive experience as he was a part of Motilal Oswal Securities Limited as Head of Midcaps Research, and a Research Analyst at Edelweiss Securities Ltd. and Religare Capital Markets before he joined MOAMC.  He has done his Master’s in Business Administration in Finance from Welingkar Institute of Management studies. Mr. Shah has more than nine years of experience. 5. Mr. Akash Singhania - Executive Group Vice President and Fund Manager at Motilal Oswal Mutual Fund Mr. Singhania has more than 16 years of professional experience, of which 14 years in Fund Management. Before joining the fund house, he was with PGIM AMC, Deutsche AMC, ICICI Prudential AMC, E&Y, KPMG, and PWC.  Mr. Singhania completed PGDM,  a Master’s in Business Administration in Finance & Marketing from IIM Lucknow. He has also completed his Chartered Accountancy from ICAI & Company Secretary from ICSI. Also, he holds a B. Com (Hons.) degree.  He manages mutual funds like Motilal Oswal Equity Hybrid Fund, Motilal Oswal Midcap 30 Fund, Motilal Oswal Multicap 35 Fund, and hybrid fund Motilal Oswal Dynamic Fund (Dynamic Asset Allocation). 6. Mr. Herin Visaria - Fund Manager – Foreign Securities Mr. Visaria has more than 11 years of experience in Derivatives Research, Sales Trading, and Dealing. Before joining the Motilal Oswal AMC fund house, he was associated with Bank of Baroda Capital Markets Ltd., Motilal Oswal Securities Ltd, and Religare Capital Markets Ltd. He currently manages Motilal Oswal Multicap 35 Fund and Motilal Oswal NASDAQ 100 ETF. 7. Mr. Aditya Khemani - Fund Manager at Motilal Oswal Mutual Fund Mr. Khemani has more than 14 years of experience in the role of portfolio manager for the last 10 years in Indian equity markets. Before enrolling with Motilal Oswal AMC, he worked with SBI Mutual Fund, ICICI Prudential AMC, HSBC AMC, and Morgan Stanley Advantage Services. Mr. Khemani holds a PGDM from IIM, Lucknow, and B. Com (Hons.) degree. Currently, he is handling Mid-cap Fund, Motilal Oswal Large, and Motilal Oswal Long Term Equity Fund. Debt fund manager 1. Mr. Abhiroop Mukherjee - the AVP and Fund Manager – Fixed Income at Motilal Oswal AMC Mr. Mukherjee has more than six years of experience in Fixed Income Securities trading. Mr. Mukherjee has an explicit experience of over 6 years in Fixed Income Securities trading. Before joining Motilal Oswal MF, he was working with PNB Gilts Ltd. He is designated as AVP & Fund Manager at MOAMC of Motilal Oswal Most 10-year Gilt Fund and Most Ultra Short Term Fund and heads Fixed Income Securities.  Mr. Mukherjee holds a B. Com (Hons.) from Calcutta University and has a PGPBF (Finance) from the National Institute of Bank Management.  He currently manages mutual funds like Focused 25 Fund, Motilal Oswal Nasdaq 100 FOF, Ultra Short Term Fund, Motilal Oswal Equity Hybrid Fund, and Motilal Oswal Liquid Fund. Select EduFund for investing in Motilal Oswal Mutual Fund EduFund makes the process of investing in Motilal Oswal mutual funds convenient. EduFund's experienced consultants give you customized solutions for all your financial goals. You can start investing from a lowly INR 5,000 and grow your capital comfortably. With EduFund, you get the following benefits Customized Research-Based Financial Plan - EduFund’s scientific fund tracker screens over 1 lakh data points and 400 financial scenarios to recommend you the best mutual funds.  Customer-Friendly Counsellors Help You Create a Financial Plan - EduFund's counselors are trained to handle all kinds of queries from customers. They spend as much time with you as you need and resolve all your issues to help you create a robust financial plan. Invest Less, Earn More - Not only the best Indian mutual funds, but EduFund also offers you the facility to invest in US Dollar ETFs and international mutual funds. Use Free Tools - EduFund offers various free tools for its customers, including College Savings Calculator, SIP calculator, etc.  No Technical Expertise Required - You do not need to be an expert in finance to understand which mutual fund is the best for you. EduFund does it for you. Value-Added Benefits - You may get value-added benefits like no commission, free advisory, and nil-hidden charges. Secure Transactions - EduFund is RIA-registered and uses top-class 128-SSL security to enable safe transactions. Special Support for Children's Education - EduFund has a dedicated team of experts who help you fulfill your children's educational goals.  FAQs What are some top investment options in Motilal Oswal Mutual Fund? Some of the top Motilal Oswal Mutual Fund schemes include Motilal Oswal Focused 25 Fund Direct-Growth, Motilal Oswal Midcap 30 Fund Direct-Growth, Motilal Oswal Flexi Cap Fund Direct-Growth, etc. Can I start a 500rs SIP at Motilal Oswal Mutual Fund? Yes, some of the top-performing Motilal Oswal mutual fund schemes require a minimum monthly instalment of Rs 500. How can I invest in Motilal Oswal Mutual Fund? You can directly invest in Motilal Oswal Mutual Fund through the EduFund app. You simply have to download the app, register and complete your KYC verification, explore some of the top mutual fund schemes, and invest. Consult an expert advisor to get the right plan TALK TO AN EXPERT

Baroda Asset Management India AMC is the Baroda Mutual Fund's investment manager, which was launched in 2008. It is a completely owned subsidiary of the Bank of Baroda.  Baroda AMC was established in 1992.  Baroda Pioneer Asset Management Company is a collaboration between Pioneer Investments and the Bank of Baroda.  Pioneer Global Asset Management S.p.A was the Asset Manager of an Italian Multinational Banking and Financial Services Company - UniCredit S.p.A. It was set up in 1928 in Milano, Italy. In 2008, Pioneer Global Asset Management S.p. An acquired a 51% stake in Baroda Asset Management Company Ltd and formed Baroda Pioneer Asset Management Company Limited. Baroda Pioneer Asset Management Company Limited is a Trust which is registered with SEBI as per the SEBI (MF) Regulations, vide registration number MF/018/94/2, and is also registered under the Indian Trusts Act. It received endorsement for name change BOB Mutual Fund to Baroda Pioneer Mutual Fund vide SEBI letter no. IMD/RB/134922/08, dated August 12, 2008. As of 31st March 2021, the total number of schemes under the AMC is 75 bifurcated as Balanced (9), Equity (13), Fixed Maturity Plans (2), Gilt Funds (2), Income Funds (5), Liquid Funds (13), Short Term Income Funds (6), and Ultra Short Term Funds (11). The corpus under management is Rs. 9641.0917 crores. (as of 31-Mar-2021) It serves the various management needs of its investors in India. The Company offers its service through 54 distribution centers in India in various schemes. Baroda AMC comprises a team of highly qualified fund managers who provide valuable insights into various schemes that include direct dividend plans, direct dividend plans, direct growth plans, regular growth plans, regular dividend plans, etc. The fund house has offices in 40 cities across India Bank of Baroda and Pioneer Global Asset Management SpA, which has experience of 80 years in the industry, agreed on 5th October 2007. Features Bank of Baroda, the AMC has a widely spread branch network and has a strong investor base in the country.  The AMC offers a range of equity, debt, and money market instruments to meet the financial needs and goals of investors in every segment it can be.   Baroda Pioneer AMC enhances the existing product range and focuses on the overall customer experience. It has a rich investment history and market experience. It dedicates its work to creating a unique servicing platform to meet the investment needs of existing and future customers in India and abroad.  Currently, Baroda AMC is functioning in 40 locations in India with an AUM of Rs 9130.22 Cr.   Important information about Baroda Mutual Fund ParticularsDetailsSponsorPioneer Global Asset Management S.p.A. and Bank of BarodaTrusteeBoard of TrusteesInvestment ManagerBaroda Pioneer Asset Management Company LimitedStatutory DetailsBaroda Pioneer Mutual Fund (Formerly known as BOB Mutual Fund), being a Trust registered under the Indian Trusts Act and registered with SEBI under the SEBI (MF) Regulations,Vide registration numberMF/018/94/2Endorsement for the change of its nameEndorsement for a name change to Baroda Pioneer Mutual Fund from BOB Mutual Fund vides SEBI letter no. IMD/RB/134922/08, dated August 12, 2008No of schemes75  CEOAnthony HerediaCIOSanjay ChawlaInvestor Relations OfficeKishore KumarRegistrar and Transfer AgentKFin Technologies Pvt Ltd.CustodianDeutsche BankQuarterly AUM8285.75AddressHead Office: 501 titanium, 5th floor, Western express highway, Goregaon (e), Mumbai - 400063 Service Centre201-203, Shaili Building, Opp. Madhusudhan House, Off C.G Road, Ahmedabad-380006Baroda mutual fund customer care number+91 22 6848 1000, +91 22-3074 1000, 66668819, 079-26400527/528Emailinfo@barodamf.com or info@barodapioneer.inWebsitewww.barodamf.com, www.barodapioneer.in Ten performing Baroda mutual fund schemes Baroda 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 Baroda mutual fund schemes in India. 1. Baroda Pioneer Treasury Advantage Fund (Category - Debt - Low Duration fund) The main objective of the scheme is to provide liquidity and optimal returns and liquidity through a portfolio that consists of money market instruments and debt securities. The Baroda Pioneer Treasury Advantage Fund, with a NAV of 1560.49 (as of 30th April 2021), belongs to the Debt - Low Duration fund, ranked 4 in the category. This open-ended fund was launched on 24 Jun 09 and has given trailing returns of 27.8% in one year (as of 30th April 2021), and -8.5% in 3 years. The fund manager is Mr. Alok Sahoo. Key information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 500Exit LoadNILReturn Since Inception (24 Jun 09):3.8% (as of 30th April 2021)AssetsINR 34 Crore (as of 31st March 2021)Expense Ratio0.9% (as of 31st March 2021) 2. Baroda Pioneer Liquid Fund (Category - Debt - Liquid Fund) The main objective of the scheme is to produce income by investing in a portfolio of debt securities and money market with a high level of liquidity The Baroda Pioneer Liquid Fund, with a NAV of 2357.14 (as of 30th April 2021), belongs to the Debt-Liquid Fund, ranked 22 in the category. This open-ended fund was launched on 5 Feb 09 and has given trailing returns of 3.3% in one year (as of 30th April 2021), and 5.6% in 3 years. The fund manager is Mr. Alok Sahoo. Key Information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 500Exit LoadNILReturn Since Inception (5 Feb 09):7.3% (as of 30th April 2021)AssetsINR 4798 Crore (as of 31st March 2021)Expense Ratio0.22% (as of 31st March 2021) 3. Baroda Pioneer Multi-Cap Fund (Category - Equity - Multi-Cap fund) The main objective of the scheme is to create long-term capital appreciation from a well-managed portfolio of equity and related instruments. The Baroda Pioneer Multi-Cap Fund, with a NAV of 132.87 (as of 30th April 2021), belongs to the Equity - Multi-Cap Fund, ranked 37 in the category. This fund was launched on 12 Sep 03 and has given trailing returns of 55.7% in one year (as of 30th April 2021), and 9.2% in 3 years. The fund manager is Mr. Sanjay Chawla. Key Information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 500Exit Load0-365 Days (1%),365 Days and above (NIL).Return Since Inception (12 Sep 03):15.8% (as of 30th April 2021)AssetsINR 972 Crore (as of 31st March 2021)Expense Ratio2.54% (as of 31st March 2021) 4. Baroda Pioneer Hybrid Equity Fund (Category - Hybrid - Hybrid Equity fund) The objective of the scheme is stability through a well-balanced portfolio and long-term capital appreciation that comprises equity, money market instrument, equity-related instruments, and debt securities. The Baroda Pioneer Hybrid Equity Fund, with a NAV of Rs. 69 (as of 30th April 2021), belongs to the Hybrid Equity fund, ranked 21 in the category. This fund was launched on 12 Sep 03 and has given trailing returns of 42.2% in one year (as of 30th April 2021), and 6.2% in 3 years. The fund manager is Mr. Sanjay Chawla. Key information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 500Exit Load0-12 Months (1%),12 Months and above (NIL)Return Since Inception (12 Sep 03):11.6% (as of 30th April 2021)AssetsINR 403 Crore (as of 31st March 2021)Expense Ratio2.45% (as of 31st March 2021) 5. Baroda Pioneer Short Term Bond Fund (Category - Debt - Short term Bond fund) The aim of the Scheme is to create income from a portfolio constituted of money market securities and short-term debt. The Baroda Pioneer Short-Term Bond Fund, with a NAV of Rs. 22.949 (as of 30th April 2021), belongs to the Hybrid - Short-term Bond fund, ranked 21 in the category. This fund was launched on 30 Jun 10 and has given trailing returns of 7.3% in one year (as of 30th April 2021), and 7.5% in 3 years. The fund manager is Mr. Alok Sahoo. Key Information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 500Exit Load0-15 Days (0.25%),15 Days and above (NIL)Return Since Inception (30 Jun 10):8% (as of 30th April 2021)AssetsINR 360 Crore (as of 31st March 2021)Expense Ratio1.31% (as of 31st March 2021) 6. Baroda Pioneer Banking and Financial Services Fund (Category - Equity - Sectoral fund) The investment aim is to create a long-term capital appreciation for stakeholders from a portfolio invested in equity and related securities of companies invested in the Banking & Financial Services Sector. The Baroda Pioneer Banking and Financial Services Fund, with a NAV of Rs. 26.52 (as of 30th April 2021), belongs to the Equity - Sectoral fund, ranked 32 in the category. This fund was launched on 22 Jun 12 and has given trailing returns of 43.9% in one year (as of 30th April 2021), and 7.8% in 3 years. The fund manager is Mr. Sanjay Chawla. Key Information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 500Exit Load0-365 Days (1%),365 Days and above (NIL)Return Since Inception (22 Jun 12):11.6% (as of 30th April 2021)AssetsINR 54 Crore (as of 31st March 2021)Expense Ratio2.61% (as of 31st March 2021) 7. Baroda Pioneer Large Cap Fund (Category - Equity - Large Cap fund) The primary goal of the Scheme is to create capital appreciation by investing in a diversified portfolio of equity and equity-related securities of large-cap companies. The Scheme may also invest in money market securities and debt. But, there is no guarantee that the investment aim of the Scheme will be achieved. The Baroda Pioneer Large Cap Fund, with a NAV of Rs. 18.54 (as of 30th April 2021), belongs to the Equity - Large Cap fund, ranked 59 in the category. This fund was launched on 22 Jun 10 and has given trailing returns of 43.2% in one year (as of 30th April 2021), and 10% in 3 years. The fund manager is Mr. Sanjay Chawla. Key Information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 500Exit Load0-365 Days (1%),365 Days and above (NIL)Return Since Inception (22 Jun 10):5.8% (as of 30th April 2021)AssetsINR 41 Crore (as of 31st March 2021)Expense Ratio2.59% (as of 31st March 2021) 8. Baroda Pioneer Conservative Hybrid Fund (Category - Hybrid - Hybrid Debt fund) The primary goal of the Scheme is to generate long-term capital appreciation by investing a portion in equity and equity-related instruments and to generate regular income through investment in debt and money market instruments. The Baroda Pioneer Conservative Hybrid Fund, with a NAV of Rs. 29.0339 (as of 30th April 2021), belongs to the Hybrid - Hybrid Debt fund, ranked 44 in the category. This fund was launched on 8 Sep 04 and has given trailing returns of 10% in one year (as of 30th April 2021), and 9.4% in 3 years. The fund manager is Mr. Alok Sahoo. Key Information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 500Exit LoadNILReturn Since Inception (8 Sep 04):6.6% (as of 30th April 2021)AssetsINR 34 Crore (as of 31st March 2021)Expense Ratio2.07% (as of 31st March 2021) 9. Baroda Pioneer Mid-Cap Fund (Category - Equity - Mid Cap) The primary goal of the Scheme is to create capital appreciation by investing in a diversified portfolio of equity and equity-related securities of growth-oriented mid-cap stocks. But, there is no guarantee that the investment goal of the Scheme will be achieved. The Baroda Pioneer Mid-Cap Fund, with a NAV of Rs. 12.99 (as of 30th April 2021), belongs to the Equity - Mid Cap fund, ranked 42 in the category. This fund was launched on 4 Oct 10 and has given trailing returns of 66.1% in one year (as of 30th April 2021), and 7.6% in 3 years. The fund manager is Mr. Sanjay Chawla. Key Information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 500Exit Load0-365 Days (1%),365 Days and above (NIL)Return Since Inception (4 Oct 10):2.5% (as of 30th April 2021)AssetsINR 55 Crore (as of 31st March 2021)Expense Ratio2.6% (as of 31st March 2021) 10. Baroda Pioneer ELSS 96 (Category - Equity - ELSS fund) The main aim of the scheme is to provide the investor with long-term capital growth and also tax benefit under section 80C of the Income Tax Act, 1961. Baroda Pioneer ELSS 96, with a NAV of Rs. 57.22 (as of 30th April 2021), belongs to the Equity - ELSS fund. This fund was launched on 2 Mar 15 and has given trailing returns of 54.3% in one year (as of 30th April 2021), and 6% in 3 years. The fund manager is Mr. Sanjay Chawla Key Information Minimum InvestmentINR 5,00Minimum SIP InvestmentINR 500Exit LoadNILReturn Since Inception (2 Mar 15):6.5% (as of 30th April 2021)AssetsINR 187 Crore (as of 31st March 2021)Expense Ratio2 % (as of 31st March 2021) How to invest in Baroda Mutual Fund using EduFund? Investing in Bank of Baroda Mutual Fund AMC's mutual funds is a preferred and recommended way to create wealth for meeting financial goals. The procedure to invest in these funds is quite simple and convenient using the company's official website or through EduFund.  EduFund is a renowned portal registered with AMFI, BSE, and SEBI with zero fees to sign up. The investment logged in by the individual will reflect in his EduFund account within 3-5 business days. Here are a few steps that need to be followed to invest in Baroda AMC mutual funds: Step 1: The investor needs to visit the official website of Baroda AMC or use a Baroda AMC login to register at EduFund to complete his KYC & become investment-ready within minutes Step 2: On the home screen, he should search and type the name of the respective AMC in the search bar and select the relevant mutual fund he wants to invest in, Step 3: On the AMC page, after selecting the relevant Mutual Fund, he should click on ‘Invest Now’. Step 4: He should then select the mode of payment if it would be a one-time lump sum payment, or select SIP, after which he needs to click on ‘Proceed to Payment’. Step 5: He can make an online payment using his debit/credit card or use his net banking details to complete the transaction. Documents required to invest in Bank of Baroda Mutual Fund It is mandatory to have KYC details and other proofs verified to invest in mutual funds, which can be done in a fully digital and hassle-free manner. A regular investor simply needs to log in and start investing in mutual funds. For a first-time investor, the following documents are required: Application Form Photographs of the investor Identity Proof Income Proof PAN Card Details Personal Details Address Proof Bank Account Details Nominee & FATCA Declarations Baroda AMC Tax Saving Mutual Funds (ELSS) Baroda ELSS Funds are diversified equity funds that offer tax savings under section 80C of the Income Tax Act, 1961, and give the investor an opportunity for long-term wealth creation. These funds are ideal for investors who have a higher risk appetite and have a lock-in period of 3 years. NameType of FundMinimum InvestmentCategory Returns3-year returnsBaroda Equity Linked Saving Scheme 96 Direct-Growth  ELSSRs. 5003.10% - 22.28%  9.30Baroda Equity Linked Saving Scheme 96 Direct-Dividend Pay-outELSSRs. 5003.10% - 22.28%  9.30 Using the Baroda Mutual Fund Calculator  Investments in Baroda Mutual Funds help achieve long-term goals by investing in various equity, debt, and liquid mutual funds within the AMC. Baroda Mutual Fund Calculator helps the investor assess the amount of his present savings and shows how the savings amount can grow over a period. To use the Baroda Mutual Fund Calculator, the investor should input data on the calculator like income, age, amount to be invested, expected rate of returns, etc. Fund Managers of Baroda Mutual Fund AMC Fund Managers are the assets of any AMC who are experts providing professional guidance to investors to manage various assets, direct the fund management decisions, and achieve their financial goals. It is one of the most crucial considerations before investing to opt for the best and most active fund manager to manage the investments. Top-performing Fund Managers of Baroda Mutual Fund Baroda AMC - Equity Fund Managers Mr. Sanjay Chawla - Chief Investment Officer at Baroda Pioneer Asset Management Company Mr. Chawla has over 30 years of experience in Equity Research, Fund Management, and Management Consultancy. He has contributed to the Indian Finance Industry for over 35 years, wherein he is presently employed as the Chief Investment Officer of Baroda Pioneer Mutual Funds.  Mr. Sanjay Chawla completed his MMS from BITS Pilani before he joined the financial market industry. He had worked in a foray of MNCs and other established financial companies before he ventured into Baroda AMC. He was employed as Senior Fund Manager of Equity Schemes with Birla Sunlife AMC. He has also worked as Head of Research with SBI Capital Market, then with Motilal Oswal Securities, IDBI Capital Markets, IIT Invest Trust and Lloyd Securities, and SMIFS Securities where he was making strategies and handling different equity schemes. Mr. Dipak K Acharya - Fund Manager- Equity at Baroda Pioneer Asset Management Company Mr. Acharya has been associated with Baroda AMC since September 2009, and it has been over 9 years now that he has been working in the investment area as a diligent Fund Manager in the asset management industry. Before he joined Baroda AMC, he was the Fund Manager at BoB Mutual Fund from August 2003. Before he became a fund manager, he was working in the Treasury Department and Credit Department for 10 years at the Bank of Baroda. Academically, Mr. Acharya is an M. Com with other additional qualifications to his academic supremacy like AICWA, CAIIB, and PGPMS. Mr. Pratish Krishnan - Equity and Senior Analyst at Baroda AMC Mr. Krishnan has over 15 years of experience in Equity Research, and currently, he is a Fund Manager and an Equity and Senior Analyst at Baroda Pioneer Asset Management Company. He. Earlier, he worked with famous institutional brokerage houses like Antique Finance for two years, till 2014, and Bank of America Merrill Lynch for 6 years till 2012. Academically, Mr. Krishnan has done his MMS in Finance and is a B. Com Graduate.  Debt Fund Managers - Head of Fixed income at Baroda Pioneer Asset Management Company Alok Sahoo Mr. Sahoo is the Head of Fixed income at Baroda Pioneer Asset Management Company and has about 13 years of experience in the asset management industry. He has relevant experience in the credit research of companies. Before working for Baroda AMC, he worked with other giants like UTI Mutual Fund and HSBC Mutual Fund as Fixed Income Fund Manager. He was also a Fund Manager at HBC Asset Management in the Employee Provident Fund department. Academically. Mr. Sahoo is a Management Graduate in Finance from Xavier’s Institute of Management, Bhubaneshwar, with a Bachelor of Engineering Degree from NIT Rourkela. He has also done FRM - Financial Risk Management conducted by the Global Association of Risk Professionals. Additionally, he has passed three levels of CFA, which was conducted by the CFA Institute (AIMR). Ms. Hetal P. Shah - Fund Manager- Debt at Baroda Pioneer Asset Management Company Ms. Shah has been associated with the Company since December 2006 and has about 14 years of experience in treasury and fund management. She has been working at Baroda AMC for 10 years now, and earlier, she worked in the Treasury Department of Bank of India from May 1999. Academically, Ms. Shah has done her B.Com., MBA in Finance and JAIIB. Mr. Karn Kumar - Fund Manager-Debt and Senior Credit Analyst at Baroda Pioneer Asset Management Company Mr. Kumar has over 13 years of experience in Credit Research, Fixed Income, and Corporate Finance. Before joining Baroda AMC, he was associated with CRISIL Limited and ICICI Bank in credit research and structure finance. He has also worked with Sterlite Industries Limited in the Corporate Finance Team. Academically, Mr. Kumar is a qualified Chartered Accountant and is also a B. Com (Hons) Graduate. Why should you Invest in Baroda Mutual Fund using EduFund? Baroda Mutual Funds AMC is a SEBI-regulated investment securities organization that helps investors earn financial gains over an extended period. Most of the Open-Ended Schemes provide easy liquidation. Baroda Pioneer Mutual Funds further provides easy investing and redemption in a mutual fund. Through EduFund, it aims at increasing returns, minimizing risk, and offering the best-diversified portfolio in the interest of the investor.  The Baroda AMC fund house also gives investors access to opt for SIPs - Systematic Investment Plans through which they can invest a part of their monthly income. Baroda Mutual funds AMC keeps updating the latest NAV and portfolio and offers complete transparency to its investors, and is one of the largest platforms to invest in. Select EduFund for investing in Baroda Mutual Fund EduFund's experienced consultants give you customized solutions for all your financial goals. You can start investing from a lowly INR 5,000 and grow your capital comfortably. With EduFund, you get the following benefits: Customized Research-Based Financial Plan -  EduFund's scientific fund tracker screen over 1 lakh data points and 400 financial scenarios to recommend you the best mutual funds.  Customer-Friendly Counsellors Help You Create a Financial Plan - EduFund's counselors are trained to handle all kinds of queries from customers. They spend as much time with you as you need and resolve all your issues to help you create a robust financial plan. Invest Less, Earn More - Not only the best Indian mutual funds, but EduFund also offers you the facility to invest in US Dollar ETFs and international mutual funds. Use Free Tools - EduFund offers various free tools for its customers, including College Savings Calculator, SIP calculator, etc.  No Technical Expertise Required - You do not need to be an expert in finance to understand which mutual fund is the best for you. EduFund does it for you. Value-Added Benefits - You may get value-added benefits like no commission, free advisory, and nil-hidden charges. Secure Transactions - EduFund is RIA-registered and uses top-class 128-SSL security to enable safe transactions. Special Support for Children's Education - EduFund has a dedicated team of experts who help you fulfill your children's educational goals.