Category Archives: Finance

Sundaram AMC is a fully owned subsidiary of NBFCs - Sundaram Finance Limited (SFL), and it was set up on 26 February 1996. Sundaram AMC, jointly promoted and managed by Sundaram Finance Ltd. and Stewart Newton Holdings (Mauritius) Limited, provides investment plans in a range of products in equity, fixed income, and liquid funds. The AMC is sponsored by Sundaram Finance & Newton Group in 1996, from which Newton exited in 2002. BNP Paribas Asset Management (BNPP AM) then became a partner in 2006 and 2010, the parent company of BNP Paribas Asset Management, as part of a global acquisition, acquired the Fortis Group. Thus, Sundaram Finance has fully bought out BNP Paribas's stake and has taken 100% charge of the business. Sundaram Mutual Fund has considered one of the most prestigious names in Indian business is and registered with SEBI vide Registration No. MF/034/97/2, and is a trust set up under the provisions of the Indian Trust Act. As of 31-Mar-2021, its summary of Schemes includes 226 schemes, bifurcated into Arbitrage Funds (3) | Balanced (14) | Equity (89) | Fixed Maturity Plans (10) | Global Funds (2) | Income Funds (18) | Liquid Funds (32) | Short Term Income Funds (8) | Ultra Short Term Funds (24) | with a huge corpus under the management of Rs. 32051.9687 crores. The AMC has experience of more than 20 years, with about 3.3 million investors and an overall 23 years of expertise. It has become one of the largest financial institutions in India. This is one of the leading and most popular providers of efficient services and support systems to investors with an array of beneficial mutual funds which yield high returns and tend to keep the money of the investor safe and secure. Features of Sundaram AMC Sundaram AMC claims to be the first to introduce innovative mutual fund schemes like Rural India Capex, Leadership, Mid-cap, and Microcap series of funds. Sundaram AMC is considered a leader in quality management, one of the leading names in Indian business, and a pioneer in customer satisfaction, employee welfare, and values. Sundaram AMC caters to 3.3 million investors with 23 years of expertise in fund management. It manages assets worth 33,145 crores, offering mutual fund schemes - 141 equity, 182 debt, and 36 hybrid funds have become one of the largest financial institutions in India. Important information about Sundaram mutual fund Some of the key parameters within the Sundaram AMC are: SponsorSundaram Finance LimitedAsset Management CompanyDHFL Pramerica Asset Managers Private Ltd.TrusteeSundaram Trustee Company LtdInvestment ManagerSundaram Asset Management Company LimitedStatutory DetailsSundaram Mutual Fund, a trust set up under the provisions of the Indian Trust Act and registered with SEBI vide Registration No. MF/034/97/2.No of schemes228, 64Date of Incorporation of AMCFeb-26-1996Date of set up of Mutual FundAug-24-1996Name(s) of SponsorSundaram Finance LimitedName of Trustee CompanySundaram Trustee Company LtdName of TrusteesDr. John Praveen Mr. Srinath Sridharan Mr. Sujal Shah Mr. Rakesh SoodChairmanMr. Pratip ChaudhuriCEO / MDMr Sunil Subramaniam / Mr Harsha VijiCIOKrishna Kumar S. and Dwijendra SrivastavaCompliance OfficerMr. Dhiren H Thakker / Mr. Rahul MayorInvestor Service OfficerP SundararajanAuditorsM/s Brahmayya & Co, Chartered Accountants,  M/s Sundaram & Srinivasan, Chartered AccountantQuarterly AUM30466.71Registrar and Transfer AgentSundaram BNP Paribas Fund Services LimitedCustodianHDFC Bank, HSBC, Standard Chartered BankHead Office Address Sundaram Towers, 46, 2nd Floor, Whites Road Chennai, Tamil Nadu - 600014 Address- 6-3-1085 / D /103, Dega Towers, Rajbhavan Road, Somajiguda, Hyderabad, Telangana – 500082Sundaram Mutual Fund Registrar OfficeSundaram BNP Paribas Fund Services, D.No.6-3-57/1, 408-410, Diamond Block, 4th Floor, Lumbini Rockdale Compound, Somajiguda, Hyderabad, Andhra Pradesh - 500082Sundaram mutual fund customer care numbers1 - 1860 425 7237, 044 2858 3362/3367, 044 2858 3156 (fax), 040-23310622Emailcustomerservices@sundarammutual.com, customerservices@sundarambnpparibasfs.in, dhirent@sundarammutual.comWebsitewww.sundarammutual.com Sundaram Mutual Fund Login Ten top-performing Sundaram Mutual fund schemes Sundaram 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 Sundaram mutual fund schemes in India. 1. Sundaram Rural and Consumption Fund (Category - Equity: Sectoral fund) The primary investment objective of the scheme is to generate consistent long-term returns by investing predominantly in equity & equity-related instruments of companies that are focusing on Rural India. The Sundaram Rural and Consumption Fund, with a NAV of 48.4608 (as of 28th April 2021), is the top-performing fund in the Equity: Sectoral fund category. This fund was launched on 3rd April 2008 and has given trailing returns of 36.8% in one year (as of 30th April 2021), and 3.2% in 3 years. The fund managers are S.Bharath and Rohit Seksaria.  Key Information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 500Exit Load0-12 Months (1%),12 Months and above (NIL).Return Since Inception (12th May 2006):11.1% (as of 9th April 2021)AssetsINR 1336 Crore (as of 31st March 2021)Expense Ratio2.15% (as of 31st March 2021) 2. Sundaram Mid Cap Fund (Category - Equity: Midcap fund) The primary investment objective of the scheme is to achieve capital appreciation by investing in diversified stocks that are generally termed mid-caps. The Sundaram Mid Cap Fund, with a NAV of 573.816 (as of 28th April 2021), is a fund in the Equity: Midcap fund category. This fund was launched on 30th July 2002 and has given trailing returns of 59% in one year (as of 30th April 2021), and 2.4% in 3 years. The fund managers are S.Bharath and Ratish Varier.  Key Information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 100Exit Load0-12 Months (1%),12 Months and above(NIL)Return Since Inception (30th July 2002):24.1% (as of 9th April 2021)AssetsINR 6152 Crore (as of 31st March 2021)Expense Ratio1.96% (as of 31st March 2021) 3. Sundaram Debt Oriented Hybrid Fund (Category - Hybrid - Hybrid Debt fund) The primary investment objective of the scheme is to generate regular income through investment in fixed-income securities. The secondary objective is to generate long-term capital appreciation by investing a portion of the scheme’s assets in equity and equity-related instruments. The Sundaram Debt Oriented Hybrid Fund, with a NAV of 21.1496 (as of 28th April 2021), is a fund in the Hybrid - Hybrid Debt fund category. This fund was launched on 8th March 2010 and has given trailing returns of 12.8% in one year (as of 30th April 2021), and 3.4% in 3 years. The fund managers are S Krishnakumar, Dwijendra Srivastava, Siddharth Chaudhary, Sandeep Agarwal, Rahul Baijal, and Rohit Seksaria. Key Information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 250Exit Load(NIL)Return Since Inception (8th March 2010):7% (as of 9th April 2021)AssetsINR 33 Crore (as of 31st March 2021)Expense Ratio2.13% (as of 31st March 2021) 4. Sundaram Small Cap Fund (Category - Equity - Small Cap fund ) To primarily achieve capital appreciation by investing in diversified stocks that are generally termed as small and mid-caps and by investing in other equities. The Sundaram Small Cap Fund, with a NAV of 112.366 (as of 28th April 2021), is a fund in the Equity - Small Cap fund category. This fund was launched on 15th Feb 2005 and has given trailing returns of 90.2% in one year (as of 30th April 2021), and 1.8% in 3 years. The fund managers are Ratish Varier and Rohit Seksaria. Key Information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 100Exit Load0-12 Months (1%),12 Months and above (NIL)Return Since Inception (15th Feb 2005):16.1% (as of 9th April 2021)AssetsINR 1248 Crore (as of 31st March 2021)Expense Ratio1.42% (as of 31st March 2021) 5. Sundaram Large and Mid-Cap Fund (Category - Equity - Large & Mid Cap fund) The objective of the scheme would be to seek capital appreciation by investing in equity & equity-related instruments. The Sundaram Large and Mid-Cap Fund, with a NAV of 43.2555 (as of 28th April 2021), is a fund in the Equity - Large & Mid Cap fund category. This fund was launched on 27th Feb 2007 and has given trailing returns of 51.2% in one year (as of 30th April 2021), and 8.4% in 3 years. The fund managers are S. Bharath and Rahul Baijal. Key Information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 100Exit Load0-12 Months (1%),12 Months and above (NIL)Return Since Inception (27th Feb 2007):10.9% (as of 9th April 2021)AssetsINR 1480 Crore (as of 31st March 2021)Expense Ratio2.43% (as of 31st March 2021) 6. Sundaram Diversified Equity Fund (Category - Equity - ELSS fund) The primary investment objective of the scheme is to achieve capital appreciation by investing predominantly in equities and equity-related instruments. A three-year lock-in period shall apply in line with the regulation for ELSS schemes. The Sundaram Large and Mid-Cap Fund, with a NAV of 120.671 (as of 28th April 2021), is a fund in the Equity - Large & Mid Cap fund category. This fund was launched on 22nd Nov 2009 and has given trailing returns of 51.2% in one year (as of 30th April 2021), and 4.1% in 3 years. The fund managers are S. Bharath and Rohit Seksaria Key Information Minimum InvestmentINR 5,00Minimum SIP InvestmentINR 250Exit LoadNILReturn Since Inception (22nd Nov 2009):16 % (as of 9th April 2021)AssetsINR 2340 Crore (as of 31st March 2021)Expense Ratio2.09% (as of 31st March 2021) 7. Sundaram Financial Services Opportunities Fund (Category - Equity – Sectoral fund) The primary investment objective of the scheme is to seek capital appreciation by investing predominantly in equity and equity-related securities of Indian companies engaged in banking and financial services. The Sundaram Financial Services Opportunities Fund, with a NAV of 52.3109 (as of 28th April 2021), is a fund in the Equity Sectoral fund category. This fund was launched on 10th June 2008 and has given trailing returns of 50% in one year (as of 30th April 2021), and 10.3% in 3 years. The fund managers are Ratish Varier and Rahul Baijal Key Information Minimum InvestmentINR 100000Minimum SIP InvestmentINR 100Exit Load0-12 Months (1%),12 Months and above (NIL)Return Since Inception (10th June 2008):13.7 % (as of 9th April 2021)AssetsINR 328 Crore (as of 31st March 2021)Expense Ratio2.76% (as of 31st March 2021) 8. Sundaram Select Focus Fund (Category - Equity - Focused fund) The primary investment objective of the scheme is to achieve capital appreciation by investing in equity and equity-related instruments of select stocks. The Sundaram Select Focus Fund, with a NAV of 226.239 (as of 28th April 2021), is a fund in the Equity-Focused fund category. This fund was launched on 30th July 2002 and has given trailing returns of 39.4% in one year (as of 30th April 2021), and 10.1% in 3 years. The fund managers are S. Bharath and Rahul Baijal. Key Information Minimum InvestmentINR 5000Minimum SIP InvestmentINR 100Exit Load0-12 Months (1%),12 Months and above (NIL)Return Since Inception (30th July 2002):18.1 % (as of 9th April 2021)AssetsINR 1218 Crore (as of 31st March 2021)Expense Ratio2.38% (as of 31st March 2021) 9. Sundaram Corporate Bond Fund (Category - Debt - Corporate Bond fund) The primary investment objective of the scheme is to generate reasonable returns by creating a portfolio comprising substantially of fixed income instruments and money market instruments by keeping the interest rate risk of the fund low. The Sundaram Corporate Bond Fund, with a NAV of 31.5049 (as of 28th April 2021), is a fund in the Debt Corporate Bond fund category. This fund was launched on 30 Dec 04 and has given trailing returns of 8.7% in one year (as of 30th April 2021), and 9.4% in 3 years. The fund managers are Dwijendra Srivastava and Sandeep Agarwal Key Information Minimum InvestmentINR 5000Minimum SIP InvestmentINR 250Exit LoadNILReturn Since Inception (30 Dec 04):7.3 % (as of 9th April 2021)AssetsINR 1031 Crore (as of 31st March 2021)Expense Ratio0.49% (as of 31st March 2021) 10. Sundaram Banking & PSU Debt Fund (Category - Debt - Banking & PSU Debt fund) The primary investment objective of the scheme is to generate income and capital appreciation by primarily investing in a portfolio of high-quality debt and money market securities that are issued by banks, public sector undertakings, and public Financial Institutions. The Sundaram Banking & PSU Debt Fund, with a NAV of 34.0083 (as of 28th April 2021), is a fund in the Debt - Banking & PSU Debt category. This fund was launched on 30 Dec 04 and has given trailing returns of 6.4% in one year (as of 30th April 2021), and 7.9% in 3 years. The fund managers are Dwijendra Srivastava and Siddhartha Chaudhary Key Information Minimum InvestmentINR 100000Minimum SIP InvestmentINR 250Exit LoadNILReturn Since Inception (30 Dec 04):7.8 % (as of 9th April 2021)AssetsINR 937 Crore (as of 31st March 2021)Expense Ratio0.3% (as of 31st March 2021) Saving tax by investing in tax-saving mutual funds by Sundaram Mutual Fund Investors can save tax payments and claim tax benefits under Section 80C of the Income Tax Act by investing in certain tax-saving mutual funds offered by Sundaram Mutual Funds. The tax-saving mutual funds offered by Sundaram AMC are: Sundaram Diversified Equity Sundaram Long Term Tax Advantage Fund Who is eligible for Sundaram Mutual Funds? Sundaram Mutual Funds can be bought by any of the following investors: Resident Indians and Non-resident Indians Private companies, Partnership firms, and Banking firms Public financial institutions and Foreign institutional investors Hindu undivided families (HUFs) Insurance companies Parents or guardians (in case of funds bought for minors) Documents required for investing in Sundaram Mutual Fund The following list of documents is required for investing in Sundaram Mutual Fund: Application form Identity proof Age Proof Income Proof Address proof KYC documents Online KYC documents like Self-attested PAN card copy, recent passport size photographs, overseas address copy and passport copy for NRIs, self-attested address proof copy for Indian residents, signature in a small piece of paper How to invest in Sundaram Mutual Fund online? The step-by-step instruction on how to invest in Sundaram Mutual Fund is: Step 1 – First of all, the investor needs to use his Sundaram mutual fund login and visit the homepage of ‘Sundaram Mutual’ through their official website or use his Sundaram mutual fund login on the EduFund portal as well. Step 2 – Then, he needs to select the option of whether he is an ‘existing investor’ or a ‘first-time investor’. After selecting the right option, he should proceed with the appropriate investment choice. Step 3 - If the investor is a first-time user, he may have to generate a new Sundaram mutual fund login ID after providing his details. Step 4 – After selecting ‘the first-time investor’, he will have to fill the declaration page authorizing the company to use his signature and documents for verification and validation purposes. Step 5 - Following the declaration, the investor will have to fill in his basic details like personal details, professional details, PAN number, date of birth, mobile number, KYC details, and email id. If there are any additional applicants, their names can also be added to the same page. Step 6 - Once creating the account on the website, he can log in to the account and opt for the appropriate funds, considering the risk and amount he wants to invest. If he has any doubts, he can easily contact the company using the email, official address, customer care number, helpline numbers, or message. It is easy to generate the Sundaram mutual fund account statement using the login ID. Using the Sundaram Mutual Fund Calculator  The mutual fund calculator of Sundaram helps you estimate the returns which can be expected from the invested capital. The exact amount cannot be guaranteed, but an estimated amount can be calculated using the Sundaram mutual fund calculator for both Lumpsum and Sundaram mutual fund SIP payments to get an appropriate view of the Sundaram mutual fund statement. Why choose Sundaram Mutual Fund through EduFund? Sundaram Asset Management is one of the largest non-banking financial service providers in India. It has over two decades of experience in providing finance-related support and services for its investors. Its parent company Sundaram Finance Limited and the AMC is one of the most stable firms for buying mutual funds in India, and the benefits of choosing their mutual funds using EduFund are as follows:  The company offers a huge range of products to provide the best support, service and financial advice, and expertise to the investment needs of its customers. Currently, it is handling assets worth over Rs.28,000 crore in different regions of the country. The company focuses on providing value to its investors and has a pool of experienced fund managers running various schemes. The company caters to a range of return, risk, and liquidity choices of investors through their various schemes with a stringent focus on the investor portfolio's credit quality, for Mutual Funds Investment. Sundaram Mutual Fund has an AUM size of over Rs. 30,355 Crores possessing a strong retail orientation and spread across 137 Schemes. Sundaram Mutual Funds has always made customer satisfaction its top priority and is headquartered in Chennai. They have one of the most stringent and robust customer-care operations, with 93 centers spread across every nook and corner of the country. They also have their own asset management subsidiary in Singapore, along with a branch office in Dubai. Fund Managers under Sundaram AMC Some of the most important professional experts who are diligently handling the mutual funds of Sundaram AMC are as follows: 1. Mr. S. Krishnakumar - Vice President and Chief Investment Officer at Sundaram Mutual Funds Mr. S. Krishnakumar has been associated with Sundaram since 2003 when he joined as a Senior Research Analyst at the company and became the Head of Equity Research in 2004. Additionally, he was working as a Fund Manager at the same time and earned his PGDBA in Finance and B.E degrees from the Loyola Institute of Business Administration and NIT, Trichy.  Before joining Sundaram, Mr. Krishnakumar was the Vice President at Anusha Shares and Securities Pt. Ltd. and Senior Engineer at Lucas TVS. Currently, he is managing 31 schemes aggregating an AUM of approximately Rs. 17,000 crores. Some of the main schemes that he is handling are Infrastructure Advantage Fund Direct-Growth, Sundaram Financial Services Oppari unities Fund Direct-Growth, Sundaram Large and Mid-Cap Fund Direct-Dividend, and Sundaram Rural and Consumption Fund Direct-Growth, Sundaram Krishnakumar is skilled in Finance & Portfolio Management and has been managing a myriad of Mutual Fund schemes in Sundaram AMC with more than 20 years of experience. He helps investors monitor and takes decisions strategically. 2. Mr. Rahul Baikal - Senior Fund Manager at Sundaram He has completed his MBA in Finance Marketing and Strategy from IIM Calcutta, and he joined Sundaram AMC in July 2016 after an inspirational career of more than 17 years. He began his career as a Management Trainee at Standard Chartered Bank. Before joining Sundaram AMC, he served as a Fund Manager at Bharati AXA Life Insurance for 4 years, was a Director and Portfolio Manager at TVF Capital, and an Equity Analyst at HSBC Global Banking and Markets, and Credit Suisse. At Sundaram, Mr. Baikal is presently managing 16 mutual funds with an approximate AUM of Rs 4,603 crores.  His key mutual funds include Sundaram Financial Services Opportunities Fund Direct-Growth, Sundaram Select Focus Fund Direct-Growth, and Sundaram Equity Hybrid. 3. Bharath.S - Equity Fund Manager at Sundaram AMC Bharath.S is currently monitoring and coordinating fund management and analysis and leads as a research head. Mr. S. Bharath has experience of more than 17 years. He began his career as a Research Analyst at a Mumbai-based firm, Nava Markets Limited, in 2004 when he joined Sundaram. Before stepping into the world of fund management, he was a Research Analyst till 2008. Currently, he manages 11 schemes with an estimated AUM of Rs. 4,100 Crore and is Sundaram’s s point of contact for all investments in overseas securities. Some of the key mutual funds under his management are Sundaram Large and Mid-Cap Fund Direct-Dividend, Sundaram Infrastructure Advantage Fund Direct Dividend Reinvestment, Sundaram Rural, and Consumption Fund Direct-Growth, and Sundaram Large and Mid-Cap Fund Direct-Growth. 4. Rahul Ranjan - Vice President of Investments in Sundaram Mutual Funds Rahul Ranjan has over 15 years of experience in the financial services sector and is a B.Sc Graduate and MBA in Finance. Mr. Ranjan has gained experience in financial markets since December 2018.  Ranjan is a gold medallist in his Post Graduation degree in the Finance stream of the Indian Institute of Management. He has served in different financial organizations as a Vice President and Head of Equity at Star Union Daichi Life Insurance and as a Fund Manager at Max Life Insurance Company. He initiated his career as an Assistant Manager at Adani Wilmer. Presently at Sundaram, Mr. Ranjan manages 3 schemes with assets that work the Rs. 3,000 Crore, which generates the highest returns like Sundaram Rural and Consumption Fund Direct-Growth, Sundaram Select Focus Fund Direct-Growth, Sundaram Global Advantage Direct-Growth, and Sundaram Large and Mid-Cap Fund Direct-Dividend Pay-out. 5. Mr. Rohit Seksaria Mr. Rohit Seksaria completed his MBA in Finance from the Indian Institute of Management, Ahmedabad, in 2002, and he also secured an All-India rank of 36 in his ICAI exams. While he was working as a Summer Intern at JP Morgan Investment Management in 2001 during his college days, he entered the world of finance and served in many roles in several organizations before he joined Sundaram. He began as a Manager at UTI Mutual Fund, then headed the Global Equity Strategy Research team of Erevan Research Services. Further, he worked as a Senior Portfolio Analyst at Progress Capital Pte Ltd, a Portfolio Manager at Progress Capital/Asia Capital & Advisors Private Ltd, and an Analyst at Matchpoint Investment Management, before finally joining Sundaram as a Fund Manager in January 2017. Currently, at Sundaram AMC, he is handling 12 schemes which include Sundaram Debt Oriented Hybrid Fund Direct Plan-Dividend Quark termly Reinvestment, Sundaram Global Advantage Direct-Dividend Reinvestment, and Sundaram Global Advantage Direct-Growth. His net estimated AUM is approximately Rs. 3,200 Crore. Choose EduFund for investing in Sundaram AMC mutual fund EduFund makes the process of investing in Sundaram AMC 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 are 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.

Edelweiss Asset Management AMC Limited comes within the Investment & Advisory Line of Edelweiss Group and is one of the fastest-growing AMC in India. It was set up on 23rd August 2007 and established in 2008, and for a decade it has delivered impressive returns. Edelweiss Financial Services Limited has been dealing with sponsorships regarding the Edelweiss Mutual fund, which is a substantial fiduciary branch operated under the Edelweiss Group. Edelweiss Asset Management AMC offers financial services and support to investors in the form of Asset Management, Wholesale Financing, Treasury Operations, Insurance Brokerage, Private Client Business, and Investment Banking. Edelweiss Asset Management AMC is one of the youngest and the fastest growing Mutual Fund Companies which aims to be innovative and globally renowned, since its inception. It provides a stable mutual fund platform to a diversified investor base that is spread across domestic and global geographies. Edelweiss Asset Management Limited manages a corpus under the management of Rs. 52414.5143 crores. (as of 31-Mar-2021) and has an AUM size of Rs. 52,415 Cr as of 31, Mar 2021, invested in over 104 schemes (28 equity, 92 debt, and 24 hybrid funds) with over 11 distribution centers across the country. World-class knowledge platforms and true-to-label products have helped the Edelweiss Asset Management AMC to generate a massive base of investor folios. It offers a wide range of mutual fund schemes across equity, debt, and hybrid categories along with exchange-traded funds and international fund of fund schemes. The AMC aims to render the best digital experience to its investors through cutting-edge technology and seamless innovation. Features of Edelweiss Mutual Funds AMC  It offers investment opportunities in mutual funds and services in Alternative Investment Solutions with a proficient risk-return gamut across domestic and international asset classes.  These funds provide a robust mutual fund platform with world-class knowledge platforms and true-to-label products. Through continuous innovation and cutting-edge technology, the company provides the best digital experience to its investors.  The team of experts comprises experienced professionals from the Financial Services industry who has rich experience in the field of financial markets and is highly qualified. A research-based and process-oriented investment approach is followed by the company, thus assisting investors, dealing with business partners, and deploying investors’ finances.  Important Information about Edelweiss Mutual Fund SponsorEdelweiss Financial Services LimitedTrusteeEdelweiss Trusteeship Company Limited (ETCL)Investment ManagerEdelweiss Asset Management LimitedStatutory DetailsEdelweiss Mutual Fund established - Indian Trusts Act, 1882.   AMC is registered with SEBI - Registration No. MF/057/08/02 on April 30, 2008. Date of Incorporation of AMC23 Aug 2007Date of set up of Mutual Fund30 Apr 2008Name(s) of SponsorEdelweiss Financial Services LimitedName of Trustee CompanyEdelweiss Trusteeship Company LimitedCEO / MDMs. Radhika GuptaCIOMr. Dhawal Dalal (D), Mr. Harshad Patwardhan (E)Compliance OfficerMs. Vijayalaxmi KhatriInvestor Service OfficerMr. Mayur JadhavAuditorsM/s Price Waterhouse, C. A. LLP (Edelweiss AMC) and M/s SR Baltiboi & Co LLP (ETCL & Mutual Fund Schemes)Quarterly AUM45909.31Registrar and Transfer AgentKFin Technologies Pvt Ltd.CustodianStandard Chartered BankAddressEdelweiss House Off. C.S.T Road, Kalina, Mumbai - 400 098 Registered Service Centre - 402, Third Eye 1 Near Panchvati Circle, C.G.Road, Ahmedabad-380006EDELWEISS mutual fund customer care number(022) 40933400, 079-44218800, and (022) 40933401 (fax)EmailEMFHelp@edelweissfin.com investor.amc@edelcap.com Top 10 performing Edelweiss Mutual Fund Schemes Edelweiss 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 Edelweiss mutual fund schemes in India. 1. Edelweiss Arbitrage Fund (Hybrid - Arbitrage fund) The investment objective of the Scheme is to produce income by investing in arbitrage opportunities in the cash and the derivative segments of the equity markets and the arbitrage opportunities are available within the derivative segment and by investing the balance in debt and money market instruments. However, there is no guarantee that the investment objective of the scheme will be realized. The Edelweiss Arbitrage Fund, with a NAV of Rs. 15.1775 (as of 28th April 2021), is the top-performing fund in the Hybrid - Arbitrage fund category. This open-ended fund was launched on 27th June 2014 and has given trailing returns of 4.5% (2020) in one year (as of 26th April 2021) and 5.3%  for 3 years. The fund managers are Dhawal Dalal since 22 Dec 16 with a tenure of 4.27 years and Bhavesh Jain since 27 Jun 14 with a tenure of 6.77 years. Key Information Minimum InvestmentINR 5,000Minimum Additional Investment INR 1,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 500Exit Load0-30 Days (0.25%),30 Days and above (NIL)Return Since Inception (27th June 2014):6.3% (as of 26th April 2021)AssetsINR 3707 Crore (as of 31st March 2021)Expense Ratio1.09% (as of 31st March 2021) 2. Edelweiss Large and Mid-Cap Fund (Equity - Large & Mid Cap) The investment objective of the Scheme is to produce long-term capital appreciation from a diversified portfolio of predominantly Large Cap and Mid-Cap equity and equity-related securities. However, there is no guarantee that the investment objective of the scheme will be realized. The Edelweiss Large and Mid-Cap Fund, with a NAV of Rs. 43.265 (as of 28th April 2021), is the top-performing fund in the Equity - Large & Mid Cap category. This open-ended fund was launched on 14th June 2014 and has given trailing returns of 17% (2020) in one year (as of 26th April 2021) and 11.1% for 3 years. The fund manager is Harshad Patwardhan since 14th June 2007 with a tenure of 13.81 years. Key Information Minimum InvestmentINR 5,000Minimum Additional Investment INR 1,000Minimum SIP InvestmentINR 1000Minimum WithdrawalINR 1000Exit Load0-12 Months (1%),12 Months and above (NIL)Return Since Inception (14th June 2014):11.1% (as of 26th April 2021)AssetsINR 697 Crore (as of 31st March 2021)Expense Ratio2.5 % (as of 31st March 2021) 3. Edelweiss Mid-Cap Fund (Equity - Mid Cap) The investment objective is to seek to generate long-term capital appreciation from a portfolio that predominantly invests in equity and equity-related securities of Mid Cap companies. However, there can be no guarantee that the investment objective of the Scheme will be realized. The Edelweiss Mid-Cap Fund, with a NAV of Rs. 14.038 (as of 28th April 2021), is the top-performing fund in the Equity - Mid Cap category. This open-ended fund was launched on 26th Dec 2007 and has given trailing returns of 26.4 % (2020) in one year (as of 26th April 2021) and 9.5 % for 3 years. The fund manager is Harshad Patwardhan since 26th Dec 2007 with a tenure of 13.27 years. Key Information Minimum InvestmentINR 5,000Minimum Additional Investment INR 1,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 500Exit Load0-12 Months (1%),12 Months and above (NIL)Return Since Inception (26th Dec 2007):11% (as of 26th April 2021)AssetsINR 1215 Crore (as of 31st March 2021)Expense Ratio2.28 % (as of 31st March 2021) 4. Edelweiss Europe Dynamic Equity Off-shore Fund (Equity - Global Cap) The primary investment objective of the Scheme is to seek to provide long-term capital growth by investing predominantly in the JPMorgan Funds - Europe Dynamic Fund, an equity fund that invests primarily in an aggressively managed portfolio of European companies. The Edelweiss Europe Dynamic Equity Off-shore Fund, with a NAV of Rs. 15.3248 (as of 28th April 2021), belongs to the Equity - Global category. This fund was launched on 14th June 2014 and has given trailing returns of 13.5% (2020) in one year (as of 26th April 2021) and 10.1% for 3 years. The fund managers are Bhavesh Jain since 9th April 2018 with a tenure of 2.98 years and Hardik Verma since 27th Sept 2019 with a tenure of 1.51 years. Key Information Minimum InvestmentINR 5,000Minimum Additional Investment INR 1,000Minimum SIP InvestmentINR 1000Minimum WithdrawalINR 1000Exit Load0-12 Months (1%),12 Months and above (NIL)Return Since Inception (14th June 2014):6.1% (as of 26th April 2021)AssetsINR 42 Crore (as of 31st March 2021)Expense Ratio1.34 % (as of 31st March 2021) 5. Edelweiss Emerging Markets Opportunities Equity Off-shore Fund (Equity – Global Fund) The primary investment objective of the Scheme is to seek to provide long-term capital growth by investing predominantly in the JPMorgan Funds - Emerging Markets Opportunities Fund, an equity fund that invests primarily in an aggressively managed portfolio of emerging market companies. The Edelweiss Emerging Markets Opportunities Equity Off-shore Fund, with a NAV of Rs. 18.4791 (as of 28th April 2021), is in the Equity - Global category. This fund was launched on 7th July 2014 and has given trailing returns of 21.7 % (2020) in one year (as of 26th April 2021) and 13.8 % for 3 years. The fund managers are Bhavesh Jain since 9th April 2018 with a tenure of 2.98 years and Hardik Verma since 27th Sept 2019 with a tenure of 1.51 years. Key Information Minimum InvestmentINR 5,000Minimum Additional Investment INR 1,000Minimum SIP InvestmentINR 1000Minimum WithdrawalINR 1000Exit Load0-1 Year (1%),1 year and above (NIL)Return Since Inception (7th July 2014):9.4 % (as of 26th April 2021)AssetsINR 84 Crore (as of 31st March 2021)Expense Ratio1.24 % (as of 31st March 2021)  6. Edelweiss ASEAN Equity Off-shore Fund (Equity – Global Fund) The primary investment objective of the Scheme is to provide long-term capital growth by investing predominantly in JPMorgan Funds – JF ASEAN Equity Fund, an equity fund that invests primarily in companies of countries that are members of the Association of Southeast Asian Nations (ASEAN). However, there can be no assurance that the investment objective of the Scheme will be realized. The Edelweiss ASEAN Equity Off-shore Fund, with a NAV of Rs. 23.2 (as of 28th April 2021), is in the Equity - Global category. This fund was launched on 1st July 2011 and has given trailing returns of 2.3 % (2020) in one year (as of 26th April 2021) and 3 % for 3 years. The fund managers are Bhavesh Jain since 9th April 2018 with a tenure of 2.98 years and Hardik Verma since 27th Sept 2019 with a tenure of 1.51 years. Key Information Minimum InvestmentINR 5,000Minimum Additional Investment INR 1,000Minimum SIP InvestmentINR 1000Minimum WithdrawalINR 1000Exit Load0-12 Months (1%),12 Months and above(NIL)Return Since Inception (1st July 2011):8.9 % (as of 26th April 2021)AssetsINR 58 Crore (as of 31st March 2021)Expense Ratio1.42 % (as of 31st March 2021) 7. Edelweiss Large Cap Fund (Equity - Large Cap) The investment objective is to seek to generate long-term capital appreciation from a portfolio predominantly consisting of equity and equity-related securities of the 100 largest corporate by market capitalization listed in India. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns. The Edelweiss Large Cap Fund, with a NAV of Rs. 46.42 (as of 28th April 2021), is an Equity - Large Cap category fund. This fund was launched on 20th May 2009 and has given trailing returns of 17.3 % (2020) in one year (as of 26th April 2021) and 10.8% for 3 years. The fund managers are Bharat Lahoti since 2nd May 2017 with a tenure of 3.92 years and Hardik Verma since 11th Nov 2019 with a tenure of 1.39 years. Key information Minimum InvestmentINR 1,000Minimum Additional Investment INR 1,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1000Exit Load0-365 Days (1%),365 Days and above (NIL)Return Since Inception (20th May 2009):13.7 % (as of 26th April 2021)AssetsINR 232 Crore (as of 31st March 2021)Expense Ratio1.89 % (as of 31st March 2021) 8. Edelweiss Long Term Equity Fund (Equity - ELSS) The primary objective of the scheme is to generate long-term capital appreciation with an option of periodic pay-outs at the end of lock-in periods from a portfolio that invests predominantly in equity and equity-related instruments. The Edelweiss Long Term Equity Fund, with a NAV of Rs. 59.22 (as of 28th April 2021), is an Equity - ELSS category fund. This open-ended fund was launched on 30th Dec 2008 and has given trailing returns of 13.7 % (2020) in one year (as of 26th April 2021) and 7.5 % for 3 years. The fund managers are Harsh Kothari since 30th April 2019 with a tenure of 1.92 years and Pratik Dharmshi since 30th April 2019 with a tenure of 1.92 years. Key information Minimum InvestmentINR 500Minimum Additional Investment INR 500Minimum SIP InvestmentINR 500Minimum WithdrawalINR 500Exit LoadNILReturn Since Inception (30th Dec 2008):15.5 % (as of 26th April 2021)AssetsINR 165 Crore (as of 31st March 2021)Expense Ratio2.39 % (as of 31st March 2021) 9. Edelweiss Balanced Advantage Fund (Hybrid - Dynamic Allocation fund) The primary objective of the scheme will be to generate absolute returns with low volatility over a longer tenure of time. The scheme will invest in arbitrage opportunities, equity derivative strategies, pure equity investments, and the balance in debt and money market instruments. The Scheme proposes to allocate assets to both equity and debt markets based on the market view. However, there is no assurance that the investment objective of the scheme will be realized. The Edelweiss Balanced Advantage Fund, with a NAV of Rs. 31.79 (as of 28th April 2021), is a Hybrid-Dynamic Allocation fund. This fund was launched on 20th August 2009 and has given trailing returns of 22.6% (2020) in one year (as of 26th April 2021) and 11.6% for 3 years. Key information Minimum InvestmentINR 1,000Minimum Additional Investment INR 1,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 500Exit Load0-365 Days (1%),365 Days and above(NIL)Return Since Inception (20th August 2009):10.4 % (as of 26th April 2021)AssetsINR 3315 Crore (as of 31st March 2021)Expense Ratio2.33 % (as of 31st March 2021) 10. Edelweiss Banking and PSU Debt Fund (Debt - Banking & PSU Debt fund) The investment objective of the Scheme is to generate returns commensurate with the risks of investing in a portfolio of Debt Securities and Money Market Instruments issued by Banks, Public Sector Undertakings, Public Financial Institutions, entities majorly owned by Central and State Governments, and Municipal Bonds. However, there can be no assurance that the investment objective of the scheme will be realized. The Edelweiss Banking and PSU Debt Fund, with a NAV of Rs 19.1633 (as of 28th April 2021), is a Debt - Banking & PSU Debt fund. This fund was launched on 13th Sept 2013 and has given trailing returns of 12.9% (2020) in one year (as of 26th April 2021) and 10.2% for 3 years. Key information Minimum InvestmentINR 5,000Minimum Additional Investment INR 1,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 500Exit Load0-12 Months (1%),12 Months and above (NIL)Return Since Inception (13th Sept 2013):8.9 % (as of 26th April 2021)AssetsINR 462 Crore (as of 31st March 2021)Expense Ratio0.55 % (as of 31st March 2021) Using the Edelweiss Mutual Fund Calculator  The mutual fund calculator of Edelweiss helps you estimate the returns which can be expected from the invested capital. The exact amount cannot be guaranteed, but an estimated amount can be calculated using the Edelweiss mutual fund calculator for both Lumpsum and Edelweiss mutual fund SIP payments to get an appropriate view of the Edelweiss mutual fund statement. Save Tax by investing in Tax Saving Mutual Funds from Edelweiss Mutual Fund Investors can save tax payments and claim tax benefits under Section 80C of the Income Tax Act by investing in certain tax-saving mutual funds offered by Edelweiss Mutual Funds. The tax-saving mutual funds offered by Edelweiss AMC are: Edelweiss Long-Term Equity Fund (Tax Savings) Edelweiss Tax Advantage Fund How to invest in Edelweiss Mutual Funds Online? To invest in Edelweiss Mutual Funds online, the investor can visit the official website of Edelweiss, AMC or he can log in to EduFund and follow the instructions on the site. EduFund is a renowned portal that is registered with AMFI, BSE, and SEBI with zero fees to sign up. He will be required to fill in the required details, after which the payments will have to be authorized to complete the process. It is a simple, convenient, and easy process through EduFund to invest in some of the most profitable Edelweiss Mutual Fund Schemes, which involves a hassle-free process. Let us look at the details of the process: Step 1: The first step is to log in using your Edelweiss mutual fund login Id or your EduFund account. If the applicant does not own an account, he can create a username and password by registering on both the official website and EduFund. Step 2: The second step is for the applicant to select the mutual fund he is interested in investing in, identify the duration of investment and apply it accordingly on the portal. He should scan and upload identification documents and proofs. Step 3: Further, the applicant must upload his address proof using any legal document that carries the permanent address of the investor. Step 4: Next, the risk undertaking should be determined, whether the applicant wants to opt for low, medium, or high-risk investment and the kind of mutual fund he would like to invest in – Equity, Debt, or International Step 5: The individual has the option to go for a one-time investment or installment. If he wishes to pay the investment amount in a lump sum, he should select the “Invest One Time” button; else can click on the “Start SIP” to enable investment which allows monthly/quarterly/bi-annual, or annual payments. Step 6: After the payment is made, the mutual fund will be processed and will reflect in the investor’s account within 3-5 working days. Who is eligible for Edelweiss Mutual Funds? Here are the investors who can invest in Edelweiss Mutual Funds: Resident individuals Lawful guardians or parents in case of investment on behalf of minors NRIs Documents required for Edelweiss Mutual Funds Here are the documents you will require to invest in Edelweiss Mutual Funds: Application form Address proof Identity proof KYC documents Passport Size Photograph Third-party declaration form - for investment on behalf of a minor Why choose Edelweiss Mutual Funds using EduFund? Edelweiss is a brilliant option for investors as it lets them plan for long and short-term financial goals by investing in high-quality mutual funds with the best investment management services provided by the AMC. It also helps in evaluating the risk appetite of investors, which is diligently planned and recommended by the efficient, professional asset management team. The company offers a wide variety of funds that the investor can leisurely choose irrespective of his risk appetite. The company is one of the fastest-growing AMCs in the mutual fund sector, and it has many benefits when taken through EduFund like: Edelweiss Mutual Funds are regulated by SEBI and are considered extremely secure and safe investment options. These funds save the Investor from fraudulent activities by the mutual fund companies If the securities are held for more than a year, then the dividends that are earned can be tax-free Since Mutual funds are liquidated within 3 days with the option of some getting liquidated overnight, these are highly lucrative. Investing and redemption in Edelweiss Mutual Fund is a very convenient, easy, and hassle-free task The investor can expect a beneficial rate of return as there is no compromise on the risk part Portfolio, which is duly maintained by the Edelweiss Mutual Funds. An investor can opt for a lump-sum payment or opt for Systematic Investment Planning through which he can save some of his monthly income by investing in SIPs or mutual funds. This helps him to make more money in the long term for his future goals Edelweiss Mutual Funds publishes the report timely, believing in complete transparency, and it is made possible for the investor to view the portfolio anytime. Popular fund managers of Edelweiss Asset Management Company 1. Harshad Patwardhan - Chief Investment Officer- Equities at Edelweiss Asset Management. Mr. Patwardhan has 25 years of experience in various capacities. Before he joined Edelweiss, he was the Executive Director and Head of Equities at JP Morgan Asset Management India. He became the CIO when Edelweiss acquired the schemes of JP Morgan in 2016. Academically, he has done his B.Tech from IIT Mumbai and MBA in Finance from IIM – Lucknow. He has also completed his CFA from the CFA Institute. He manages 12 funds at Edelweiss AMC. 2. Radhika Gupta - the Chief Executive Officer of Edelweiss Asset Management Radhika Gupta is the CEO of AMC, who has strategically managed the myriad of mutual funds offered by AMC. She was a student at the University of Pennsylvania and has been an asset management professional for a long time. 3. Dhawal Dalal – Chief Investment Officer- Debt at Edelweiss Asset Management.  Dalal has an industry experience of more than 20 years, and he began his career in 1996 as a research associate at Merrill Lynch Asset Management. Then he joined DSP BlackRock Mutual Fund and worked there for 18 years. Then he joined Edelweiss Mutual Funds and has been working for more than 3 years now and has worked on more than 35 schemes on his own. He has completed his MBA from the University of Dallas in Banking, Corporate Finance, and Securities. He also finished his BE in Mechanical Engineering from LD College of Engineering in Ahmedabad. 4. Niranjan Awasthi Niranjan Awasthi heads the product and marketing team of Edelweiss’s investments and has more than 13 years of professional experience in the finance industry. He takes wise strategic decisions and scrutinizes and analyses the various macroeconomic and latest market trends for the betterment of the AMC and the investors. 5. Nalin Moniz - Chief Investment Officer- Alternative Equities at Edelweiss Asset Management Nalin graduated from the Jerome Fisher Program in Management and Technology at the reputed University of Pennsylvania. He also holds joint degrees in Computer Science and Economics from Moore School and Whir ton School, respectively. Mr. Moniz started his career as a Portfolio Manager for Goldman Sachs Asset Management, after which he started his alternative asset management firm in India by the name of Forefront Capital Management. Mr. Moniz pioneers the portfolio management and research wing of Alternative Equities at Edelweiss, and he also played a stellar role in helping Edelweiss acquire Ambit Capital’s s AIF wing in 2016.   6. George Bose - Head of Operations of Edelweiss AMC George Bose has professional experience of more than 15 years, and he looks after Settlement, the proper functioning of Banking, and Fund Accounting of the AMC. He joined Edelweiss in the year 2010. 7. Pranav Parikh - Chief Invest Officer- Private Equity at Edelweiss Asset Management.   Pranav Parikh has nearly 20 years of experience in both the Indian and American economies. In the dot-com bubble burst between 1999 and 2003 and the 2008 global financial crisis, Mr. Parikh was among the very few dedicated Fund Managers to have generated positive returns during the above-mentioned two of the most catastrophic economic cycles. During that period, he was working as the Portfolio Manager at Q Investments in Texas and the Managing Director of the Indian wing during the latter. Then he joined Fountainhead Ventures as a Managing Director till 2015, after which he took up his current position at Edelweiss Mutual Funds. He has well managed the Private Equity and Venture Capital sections at Edelweiss, and he is one of the driving forces behind the success of Edelweiss AMC. 8. Vijayalaxmi Khatri Vijayalaxmi Khatri caters to several functions related to the asset management of Edelweiss, whether it is secretarial, compliance, legal, or risk functions. She is a mutual fund professional for the past 15 years and has set up a strong and strategic risk management system for the AMC. 9. Gautam Kaul Gautam Kaul has an experience of more than 20 years and is a designated Fund Manager for Fixed Income at Edelweiss Asset Management. He has experience working at multiple leading AMCs. He has completed his MBA in Finance from Savitribai Phule Pune University. He started his career at Mata Securities in 2001 and then joined Sahara India Mutual Fund, where he worked for 1 year. After he left that, he moved on to Lotus India Asset Management Company. Again, after working for 2 years there, he joined Relegate Asset Management Company, and finally, after 7 years, he joined IDBI Asset Management Ltd. He finally joined Edelweiss Mutual Fund AMC after he left IDBI in 2016, and now he is managing 54 schemes. Other efficient Fund Managers in Edelweiss Mutual Funds AMC are: Nilesh Saha Harsh Kothari Pratik Dharmshi Select EduFund for investing in EDELWEISS Mutual Fund EduFund makes the process of investing in EDELWEISS 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 Edelweiss Mutual Fund schemes? Some of the top-performing Edelweiss Mutual Fund schemes are Edelweiss Arbitrage Fund (Hybrid – Arbitrage fund), Edelweiss Large and Mid-Cap Fund (Equity – Large & Mid Cap), Edelweiss Mid-Cap Fund (Equity – Mid Cap), Edelweiss Europe Dynamic Equity Off-shore Fund (Equity – Global Cap), etc. Can I invest in Edelweiss Mutual Funds online? Yes, interested investors can simply download the EduFund App, then create an investor account and explore their options. Once they find themselves interested in an Edelweiss Mutual Fund scheme, they can start investing. Investors can also visit the official website of Edelweiss AMC and start an investment. Am I eligible to invest in Edelweiss Mutual Funds? If you are a resident individual, a lawful guardian or a parent (if the investment is being made on behalf of a minor), or an NRI, you're eligible to invest in Edelweiss Mutual Funds.

Quantum Mutual Fund's sponsor is Quantum Advisors Private Company, an institutional equity research firm founded by Mr. Ajit Dayal in January 1990. Quantum Advisors is also the first institutional equity research firm in India. The firm played a pioneering role in introducing qualitative, quantitative, and analytical approaches to India's stock market investments. Quantum Advisors devised a strategy that evaluated valuation metrics to identify investment opportunities in the resurgent Indian stock market. The firm provided investment advice to various renowned institutions and famous investors like Jardine Fleming (whose investments in the Indian stock market exceed US$ 1 billion), Walden Nikko India Ventures Fund, Prolific India Opportunities Fund, and Hansberger Global Investors, Inc. Over time, the firm expanded its business and evolved as an asset manager and investment advisor, managing equities, debt, fixed income, and real estate. In December 2005, Mr. Dayal got the license for Quantum Asset Management Company Private Limited or Quantum AMC, the asset manager of Quantum Mutual Fund. It is the 29th mutual fund company in India. The company functions as a trust as per the provisions of the Indian Trusts Act, of 1882. At present, the AMC manages ten funds across fund categories like equity, debt, commodity, and fund of funds. The timeline for launching each of the ten funds is as follows: March 2006 - Quantum Long Term Equity Fund (later renamed to Quantum Long Term Equity Value Fund) April 2006 - Quantum Liquid Fund February 2008 - Quantum Gold Fund ETF  July 2008 - Quantum Index Fund ETF (later renamed to Quantum NIFTY ETF) December 2008 - Quantum Tax Saving Fund July 2009 - Quantum Equity Fund of Funds May 2011 - Quantum Gold Savings Fund July 2012 - Quantum Multi Asset Fund of Funds (later renamed to Quantum Multi Asset Fund of Funds) May 2015 - Quantum Dynamic Bond Fund July 2019 - Quantum India ESG Equity Fund Quantum AMC was perhaps the only such financial institution in India to have increased their employees' salaries by 15% during the early lockdown period, on the condition that they would give half of the extra money to someone who lost their income due to the economic disruption. In the financial year 2005-06, Quantum AMC had an Asset Under Management (AUM) of INR 11.26 Crore, and the total folios were 798. The figure has steadily grown ever since. And in the financial year 2019-20, the AUM increased to INR 1,119.24 Crore and the number of folios to 69,100. From the financial year 2005-06 to 2016-17, the AMC did not spend anything on distributor commission, as it was a direct-to-investor mutual fund. Important information about Quantum Mutual Fund Mutual Fund NameQuantum Mutual FundEstablished2nd December 2005Date of Incorporation19th September 2005TrusteeQuantum Trustee Company Private Limited 7th Floor,Hoechst House, Nariman Point,Mumbai - 400 021Tel. No.: 022-6144 7800SponsorQuantum Advisors Private Limited Registered Office:6th Floor, Hoechst House,Nariman Point,Mumbai - 400 021Board of Directors, Trustee CompanyMr Surjit Banga, Director  Mr Kaiwan Kalyaniwalla, Director Mr Subramanian Ganapathy, Director Ms Nalini Kak, DirectorBoard of Directors, AMCMr Jimmy A Patel, Managing Director & CEO Mr S.R. Balasubramanian, DirectorMr I. V. Subramaniam, Director Mr Kamal Pande, Director Ms Uma Mandavgane, DirectorRegistered AddressQuantum Mutual Fund7th Floor, Hoechst House, Nariman Point, Mumbai - 400021, IndiaMr. Jimmy PatelMr. Malay VoraManaging Director & CEO, Quantum Asset Management Company Pvt. Ltd.Mrs. Meera ShettyPhone and Fax Toll-Free No.:1800-209-3863 / 1800-22-3863, Telephone No.:91-22-61447800, Toll-Free Fax no.:1800-22-3864 EmailCustomercare@QuantumAMC.comWebsite www.QuantumAMC.com / www.QuantumMF.com Compliance OfficerMrs. Meera ShettyInvestor Service OfficerMrs Meera ShettyRegistrar and Transfer AgentKarvy Fintech Private LimitedUnit: Quantum Mutual FundKarvy Selenium Tower-B,Plot No. 31&32, Financial District,Nanakramguda Serilingampally Mandal,Hyderabad - 500032CustodianDeutsche Bank AGNirlon Knowledge Park, Block 1,4th Floor, Western ExpressHighwayGoregaon (East), Mumbai – 400 063Main BankersHDFC Bank LimitedManecji Wadia Bldg., Gr. Floor,Nanik Motwani Marg, Fort, Mumbai – 400 023. Deutsche Bank AGNirlon Knowledge Park, Block 1, 4th Floor, WesternExpressHighwayGoregaon (East), Mumbai – 400 063Statutory AuditorsM/s. S. R. Batliboi & Co. LLP14th Floor, The Ruby, 29,Senapati Bapat Marg,Dadar (West),Mumbai - 400028 Six top-performing Quantum Mutual Fund Schemes 1. Quantum India ESG Equity Fund (Category - Equity: Thematic - ESG) The Quantum India ESG Equity Fund, with a NAV of 14.3300 (Regular Growth) (as of 15th April 2021), is one of the top-performing funds in the 'Equity: Thematic - ESG' category. This open-ended fund was launched on 12th July 2019 and has given trailing returns of 69.79% in one year (as of 15th April 2021). The fund considers the NIFTY 100 ESG TRI as its benchmark.  Key Information Minimum InvestmentINR 500Minimum Additional InvestmentINR 500Minimum SIP InvestmentINR 500Minimum WithdrawalINR 500Exit Load1% for withdrawals before 365 daysReturn Since Inception (12th July 2019 ):INR 38 Crore (as of 31st March 2021)Assets1.65% (as on 28th February 2021)Expense Ratio1.65% (as of 28th February 2021) Invest Now 2. Quantum Long-Term Equity Value Fund (Category - Equity: Value Oriented) The Quantum Long Term Equity Value Fund, with a NAV of 65.1200 (Regular Growth) (as of 15th April 2021), is one of the best-performing funds in the 'Equity: Value Oriented' category. This open-ended fund was launched on 1st April 2017 and has given trailing returns of 66.89% in one year (as of 15th April 2021). The fund considers the S&P BSE 2000 TRI as its benchmark.  Key Information Minimum InvestmentINR 500Minimum Additional InvestmentINR 500Minimum SIP InvestmentINR 500Minimum WithdrawalINR 500Exit Load2% for withdrawals before 365 days and 1% for withdrawals between 366 and 730 daysReturn Since Inception (1st April 2017):13.00% (as of 15th April 2021)Assets13.00% (as on 15th April 2021)Expense Ratio1.79% (as of 28th February 2021) Invest Now 3. Quantum Nifty ETF (Category - Equity: Large Cap) The Quantum Nifty ETF, with a NAV of 149.3135 (Regular Growth) (as of 15th April 2021), is the best fund in the 'Equity: Large Cap category. This open-ended fund was launched on 10th July 2008 and has given trailing returns of 64.72% in one year (as of 15th April 2021). The fund considers the NIFTY 50 TRI as its benchmark.  Key Information Minimum InvestmentINR 500Minimum Additional InvestmentINR 500Minimum SIP Investment-Minimum WithdrawalINR 500Exit LoadNilReturn Since Inception (10th July 2008):0.09% (as on 28th February 2021)Assets0.09% (as of 28th February 2021)Expense Ratio11.59% (as of 15th April 2021) Invest Now 4. Quantum Equity Fund of Funds (Category - Equity: Flexi Cap) The Quantum Equity Fund of Funds, with a NAV of 44.0450 (Regular Growth) (as of 15th April 2021), is one of the top-performing funds in the 'Equity: Flexi Cap category. This open-ended fund was launched on 1st April 2017 and has given trailing returns of 56.01% in one year (as of 15th April 2021). The fund considers the S&P BSE 200 TRI as its benchmark.  Key Information Minimum InvestmentINR 500Minimum Additional InvestmentINR 500Minimum SIP InvestmentINR 500Minimum WithdrawalINR 500Exit Load1% for withdrawals before 365 daysReturn Since Inception (1st April 2017):0.75% (as of 28th February 2021)AssetsINR 62 Crore (as of 31st March 2021)Expense Ratio0.75% (as on 28th February 2021) Invest Now 5. Quantum Multi Asset Fund of Funds (Category - Hybrid: Multi Asset Allocation) The Quantum Multi Asset Fund of Funds, with a NAV of 21.9742 (Regular Growth) (as of 15th April 2021), is the top-performing fund in the 'Hybrid: Multi-Asset Allocation' category. This open-ended fund was launched on 1st April 2017 and has given trailing returns of 19.70% in one year (as of 15th April 2021). The fund considers the CRISIL Composite Bond TRI, S&P BSE Sensex TRI, and the Domestic Price of Gold as its benchmark.  Key Information Minimum InvestmentINR 500Minimum Additional InvestmentINR 500Minimum SIP InvestmentINR 500Minimum WithdrawalINR 500Exit Load1% for withdrawals before 90 daysReturn Since Inception (1st April 2017):9.34% (as of 15th April 2021)AssetsINR 33 Crore (as of 31st March 2021)Expense RatioINR 33 Crore (as on 31st March 2021) Invest Now 6. Quantum Tax Saving Fund (Category - Equity: ELSS) The Quantum Tax Saving Fund, with a NAV of 149.3135 (Regular Growth) (as of 15th April 2021), is one the best-performing funds in the 'Equity: ELSS' category. This open-ended fund was launched on 1st April 2017 and has given trailing returns of 66.16% in one year (as of 15th April 2021). The fund considers the S&P BSE 200 TRI as its benchmark.  Key Information Minimum InvestmentINR 500Minimum Additional InvestmentINR 500Minimum SIP InvestmentINR 500Minimum WithdrawalINR 500Exit LoadNil (Lock-in period - 3 years)Return Since Inception (1st April 2017):1.79% (as of 28th February 2021)Assets1.79% (as of 28th February, 2021)Expense RatioINR 89 Crore (as of 31st March, 2021) Invest Now How can you invest in Quantum Mutual Fund Via EduFund? EduFund provides you with a simple interface to invest in one or more Quantum mutual fund schemes and reap rich dividends. You can invest in a growth scheme or dividend scheme. The growth scheme does not pay any dividends. Any dividend paid by a company in the fund's portfolio is adjusted in the NAV. In contrast, if you choose the dividend option, you can get extra income when the company pays a dividend. The following are the steps you can take to invest in a Quantum Mutual Fund scheme: Step 1 - Download the EduFund App from Google Play Store or Apple App Store. Step 2 - Create an account on EduFund by entering details like name, mobile phone number, email address, etc.  Step 3 - Browse all Quantum Mutual Fund schemes and choose the suitable scheme suiting your financial goals. EduFund provides the option to invest a lump sum or open a SIP (Systematic Investment Plan) account.  Step 4 - At any point, you may take free advice from an expert mutual fund counselor for free. The counselor will ask you questions concerning your financial goals and suggest a suitable scheme for you. Step 5 - Once you invest in a scheme, EduFund will give you access to your personalized mutual fund account. You can also invest in other mutual fund schemes that generate high returns. Moreover, you can track your portfolio, view the account balance and NAV, download account statements, buy or sell mutual fund units, and do other things.  Step 6 - You are ready to experience safe and secure investing. EduFund uses top-class security parameters and authentication technologies to ensure safe transactions. Five best-performing fund managers at UTI Mutual Fund The fund manager is a key resource person whose timely actions determine the fund's growth. Quantum Mutual Fund's managers are some of the best in the industry and have consistently delivered inflation and benchmark-beating returns to its clients. Top five fund managers are Quantum Mutual Fund: 1. Mr. Nilesh Shetty Mr. Nilesh Shetty, Fund Manager, Quantum Asset Management Company Private Limited, joined the company in December 2009. He joined the AMC as a Senior Manager and was promoted to the position of Associate Fund Manager in April 2011. In September 2020, he was appointed as a fund manager. He is currently working as the Co-Fund Manager - Equity at Quantum AMC. Before joining Quantum AMC, he served Edelweiss Securities Ltd. as the Manager of Research, Pranav Securities Private Limited as the Senior Manager of Research, and ICICI Bank as Officer, RCLG. Mr. Shetty's educational qualifications include a Master in Management Studies (Finance) (Mumbai University), CFA (CFA Institute), CGMA (The Chartered Institute of Management Accountants), and CPA - Accounting, and Finance (Association of International Certified Professional Accountants). He manages the Quantum Long Term Equity Value Fund and Quantum Multi Asset Fund of Funds.  2. Mr. Pankaj Pathak Mr Pankaj Pathak, Fund Manager, of Quantum Asset Management Company Private Limited, joined the company in August 2013 as Senior Manager - Fixed Income and was promoted to Fund Manager - Fixed Income in March 2017. Before joining Quantum AMC, he worked with the Bank of Maharashtra as Senior Manager - Foreign Exchange. He has over 12 years of experience in Investment, Treasury, Capital Markets, and Trading. His specialties include Portfolio Management, Financial and Economic Research, Securities Analysis, Investments, and Funds and Liquidity Management. Mr. Pathak did B.Sc. in Electronics (University of Lucknow), Post Graduate Diploma in Banking & Finance (National Institute of Bank Management, Pune), and CFA, Investments, and Securities (CFA Institute, USA). He also possesses the CAIIB (Treasury Management) certification from the Indian Institute of Banking & Finance. He manages the Quantum Dynamic Bond Fund and Quantum Liquid Fund for Quantum AMC.  3. Mr. Chirag Mehta Mr. Chirag Mehta, Senior Fund Manager - Alternative Investments, Quantum Asset Management Company Private Limited, joined the company in February 2006. In 2017, Citywire chose him as the fourth (4th) best Fund Manager globally under forty (40).  He has over eighteen (18) years of experience in Investments, Alternative Investments, Portfolio Management, Research, Asset Management, Capital Markets, and Commodity Markets. Mr. Mehta's educational qualifications include a Master in Management Studies (Finance) (Mumbai University) and Chartered Alternative Investment Analyst, Alternative Investments. He looks after five funds, including Quantum Gold Fund, Quantum Equity Fund of Funds, Quantum India ESG Equity Fund, and Quantum Multi Asset Fund.  4. Mr. Sorbh Gupta Mr. Sorbh Gupta, Co-Fund Manager - Equity, Quantum Asset Management Company Private Limited, joined the company in March 2011. Before joining Quantum AMC, he worked with Narotam Sekhsaria Family Office as a Senior Equity Analyst and Pranav Securities Private Limited as an Investment Analyst. His educational qualifications include CA, Accounting, and Finance (The Institute of Chartered Accountants of India) and CFA (CFA Institute, USA). He manages Quantum Tax Saving Fund and Quantum Long Term Equity Value Fund.  5. Ms. Sneha Joshi Ms. Sneha Joshi, Associate Fund Manager - Alternative Investment, Quantum Asset Management Company Private Limited, joined the company in August 2015 as a Quantitative and Credit Analyst. In May 2017, she got promoted to Sr. Quantitative and Credit Analyst, and since January 2019, she has been working in her current position. She has over nine (9) years of experience in quantitative modeling, insights modeling using R and Python, fixed-income research, data science, economic research, ETFs, and asset allocation. Before joining Quantum AMC, she worked as an Economic Analyst at Credit Capital Research. She also worked as an Intern at NABARD. She did her schooling at Modern High School Pune and Fergusson College. Subsequently, she did B.A. Economics (Fergusson College), Post Graduate Diploma in Foreign Trade, International Business/Trade/Commerce (University of Pune), M.A. Economics (Gokhale Institute of Politics and Economics), and Ph.D. Economics (Gokhale Institute of Politics and Economics). She has also done various certification courses from Coursera. She manages the Quantum India ESG Equity Regular Growth Fund.  Why should you invest in Quantum Mutual Fund? Quantum mutual fund is one of the newest AMCs in India. It provides investment solutions for investors' financial goals like wealth creation, vacation, child's education, child's marriage, and retirement. Whether you want long-term growth or short-term capital appreciation, Quantum Mutual Fund has a scheme suiting your requirements. Since 2006, most of its funds have consistently beaten the benchmark. Hence, you should invest in a scheme offered by Quantum Mutual Fund if you are a patient investor willing to profit from the opportunities in capital and commodity markets.  Select EduFund for investing in Quantum Mutual Fund  With EduFund at your fingertips, you can conveniently invest in one or multiple Quantum mutual fund schemes from the convenience of your office or home. You can also get personalized guidance from EduFund's seasoned mutual fund counselors, who assist you in choosing the best fund. EduFund provides you with a top-class recommendation engine that browses more than one lakh data points and 400 financial situations to recommend the best plan for you. You can start your investment journey by investing as little as INR 500 every month.  In addition to Indian funds, EduFund also offers you the facility to invest in international mutual funds and US Dollar ETFs. You may use several free tools like College Savings Calculator, SIP Calculator, etc., to calculate the amount you need to save every month for reaching your financial goals. EduFund is RIA-registered, and its world-class 128-SSL security safeguards your investments like a bank.  FAQs What are some top Quantum Mutual Fund schemes? Some of the top-performing Quantum Mutual Fund schemes are Quantum India ESG Equity Fund (Category – Equity: Thematic – ESG), Quantum Long-Term Equity Value Fund (Category – Equity: Value Oriented), Quantum Nifty ETF (Category – Equity: Large Cap), Quantum Equity Fund of Funds (Category – Equity: Flexi Cap), etc. Can I invest in Quantum Mutual Funds online? Yes, you can invest in Quantum Mutual Funds online through the EduFund App. Just download the app, create an investor account, explore your options, finalize one, and begin investing. Is investing in Quantum Mutual Funds a good decision? Whether you want long-term growth or short-term capital appreciation, Quantum Mutual Fund has a scheme suiting your requirements. Since 2006, most of its funds have consistently beaten the benchmark.

The LIC Mutual Fund was incorporated in 1994 and started operating in the same year. Relatively, the fund is not large-sized, but it is certainly very stable and capable of providing constant returns over the past few years. Its great USP is that despite its small size, the LIC Mutual Fund provides a plethora of different investment schemes. The total assets under management of the LIC Mutual Fund have a value of 16,906 Cr as of 1 March 2021. The fund provides options for wealth creation, tax saving, regular savings, and the education of your children through the different investment schemes that it provides. These are divided into equity, debt, hybrid, ETF and index, and solution-oriented funds. The primary shareholder of the LIC Mutual Fund is the Life Insurance Corporation of India. LIC is a government-owned insurance and investment company that is the largest insurance provider in India. It was established by an act of parliament in 1956, with the merger of 245 state-owned life insurance companies. Life Insurance Corporation has more than 29 crore policyholders and a cumulative life fund of over 28 lakh cr. In 2020, the Government of India announced that an initial public offering would be conducted for LIC in FY22. The executive board of the LIC contains the chairperson M.R. Kumar and managing directors Vipin Anand, TC Suseel Kumar, Mukesh Kumar Gupta, and Raj Kumar. The LIC offers 7 equity schemes, 8 debt schemes, 4 hybrid schemes, 8 ETF and index schemes, and 1 solution-oriented scheme. The CEO of the company is Dinesh Pangtey, and there are nine members on its board of directors. The AMC is named LIC Mutual DUnf Asset Management Ltd. It is owned 45% by the Life Insurance Corporation of India, 39.30% by LIC Housing Finance Ltd., 11.70% by GIC Housing Finance Ltd., and 4.00% by Union Bank of India. As far as the trustee company is concerned, it is owned 49% by the Life Insurance Corporation of India, 35.30% by LIC Housing Finance Ltd., and 15.70% by GIC Housing Finance Ltd. Important information Name of the AMCLIC Mutual FundIncorporation Date20 April 1994SponsorsLife Insurance Corporation of IndiaTrusteeLIC Mutual Fund Trustee Pvt. Ltd.Board of DirectorsM.R. Kumar Kailash Kumar Bang Satish K. Kamat Sanjay A. Muthal Vijay Sharma Neera Saxena Raghunandan Maluste Y. Viswanatha Gowd Dinesh PangteyCEODinesh PangteyCIOSaravana Kumar AAUMRs. 16906 Cr as of 1 March 2021AuditorsS R Batlboi LLPCustodiansStandard Chartered BankAddress4th Floor, Industrial Assurance Building Opp. Churchgate Station, Mumbai 400020Contact Number022-66016000Emailcs.co@licmf.com Best LIC Mutual Fund Schemes While LIC Mutual Fund is relatively moderate in size, it offers various different schemes that have historically performed well in the market. Let us look at the ten best among these 1. LIC Large & Mid Cap Fund Direct The LIC Large & Mid Cap Fund has been among the successful funds in the Indian market over the past few years. It has a Value Research rating of 4, and investors have realized returns of over 33% in the past year and almost 19% in the last five years, as of 1 March 2021. Minimum InvestmentINR 5000Minimum Additional Investment INR 500Minimum SIP InvestmentINR 1000Minimum WithdrawalINR 500Exit Load1% for redemption within 365 days for units more than 12% of investment; Nil for redemption after 365 daysReturn Since Inception:13.00%AssetsINR 1028 CroreExpense Ratio0.84%*All values as of 1 March 2021 2. LIC Index Sensex Fund Direct The LIC Index Sensex Fund is rated 4 by Value Research and is among the best-performing equity funds in the LIC Mutual Fund. It has an AUM of 34 Crore as of 1 March 2021 and has 44.8% over the last year and nearly 16% over the last five years. Minimum InvestmentINR 5000Minimum Additional Investment INR 500Minimum SIP InvestmentINR 1000Minimum WithdrawalINR 500Exit Load0.25% for redemption within 7 days; Nil for redemption after 7 daysReturn Since Inception:11.82%AssetsINR 34 CroreExpense Ratio0.57%*All values as of 1 March 2021 3. LIC Index Nifty Fund Direct The LIC Index Nifty Fund is an equity fund that has an AUM of 43 Crore as of 1 March 2021. It carries a Value Research rating of 3 and has returned more than 15% in the last five years. Minimum InvestmentINR 5000Minimum Additional Investment INR 500Minimum SIP InvestmentINR 1000Minimum WithdrawalINR 500Exit Load0.25% for redemption within 7 days; Nil for redemption after 7 daysReturn Since Inception:11.67%AssetsINR 43 CroreExpense Ratio0.48%*All values as of 1 March 2021 4. LIC Large Cap Fund Direct The LIC Large Cap Fund has been an extremely successful fund, giving it a Value Research rating of 3. Though it is a comparatively small fund with an AUM of 502 crores, it has returned 15% in the last five years as of 1 March 2021. Minimum InvestmentINR 5000Minimum Additional Investment INR 500Minimum SIP InvestmentINR 1000Minimum WithdrawalINR 500Exit Load1% for redemption within 365 days for units more than 12% of investment; Nil for redemption after 365 daysReturn Since Inception:12.74%AssetsINR 502 CroreExpense Ratio1.07%*All values as of 1 March 2021 5. LIC Infrastructure Fund Direct The LIC Infrastructure Fund is a high-performance equity fund that has among the highest returns for any fund in the LIC Mutual Fund. Since its inception, it has returned over 9% and has accumulated an AUM of over 60 crores as of 1 March 2021. Minimum InvestmentINR 5000Minimum Additional Investment INR 500Minimum SIP InvestmentINR 1000Minimum WithdrawalINR 500Exit Load1% for redemption within 365 days for units more than 12% of investment; Nil for redemption after 365 daysReturn Since Inception:9.78%AssetsINR 62 CroreExpense Ratio1.22%*All values as of 1 March 2021 6. LIC Banking & Financial Services Fund Direct The LIC Banking & Financial Services Fund invests exclusively in Banks and the Finance sector. It has been able to return nearly 13% in the last five years as of 1 March 2021. Minimum InvestmentINR 5000Minimum Additional Investment INR 500Minimum SIP InvestmentINR 1000Minimum WithdrawalINR 500Exit Load1% for redemption within 365 days for units more than 12% of investment; Nil for redemption after 365 daysReturn Since Inception:4.49%AssetsINR 58 CroreExpense Ratio1.49%*All values as of 1 March 2021 7. LIC Flexi cap Fund Direct The LIC Flexi Cap Fund is another equity fund that has performed rather well since its inception and has had a constant rate of return of over 12% a year over the last 5 years, as of 1 March 2021. Minimum InvestmentINR 5000Minimum Additional Investment INR 500Minimum SIP InvestmentINR 1000Minimum WithdrawalINR 500Exit Load1% for redemption within 365 days for units more than 12% of investment; Nil for redemption after 365 daysReturn Since Inception:9.75%AssetsINR 359 CroreExpense Ratio1.67%*All values as of 1 March 2021 8. LIC MF Tax Plan The LIC MF Tax Plan has an AUM of nearly 335 Crore as of 1 March 2021. It has had a constant annual rate of return that has been over 9% since its inception. Minimum InvestmentINR 500Minimum Additional Investment INR 500Minimum SIP InvestmentINR 1000Minimum WithdrawalINR 500Exit LoadNilReturn Since Inception:13.90%AssetsINR 335 CroreExpense Ratio1.29%*All values as of 1 March 2021 9. LIC Equity Hybrid Fund The LIC Equity Hybrid Fund is a hybrid fund with an AUM of nearly 440 crore as of 1 March 2021. Its rate of return has been over 9% annually for nearly all of its existence. Minimum InvestmentINR 5000Minimum Additional Investment INR 500Minimum SIP InvestmentINR 1000Minimum WithdrawalINR 500Exit Load1% for redemption within 365 days for units more than 12% of investment; Nil for redemption after 365 daysReturn Since Inception:9.75%AssetsINR 435 CroreExpense Ratio1.38%*All values as of 1 March 2021 10. LIC Debt Hybrid Fund The LIC Debt Hybrid Fund is a relatively new offering from the LIC Mutual Fund and has provided a handsome rate of return of over 8% since its inception as of 1 March 2021. It has an AUM of over 80 crores. Minimum InvestmentINR 5000Minimum Additional Investment INR 500Minimum SIP InvestmentINR 1000Minimum WithdrawalINR 500Exit Load1% for redemption within 365 days for units more than 10% of investment; Nil for redemption after 365 daysReturn Since Inception:8.09%AssetsINR 80 CroreExpense Ratio1.50%*All values as of 1 March 2021 How can you invest in LIC Mutual Fund via EduFund? It is important to secure your children's education, especially if you want to send them abroad. Saving money through schemes offered by LIC can be a great option if you are looking for a long-term investment. Here is how you can invest in LIC Mutual Fund using EduFund. Download the EduFund app from the App Store or the Google Play Store. Create an account on EduFund. You will be asked for certain information about your ambitions for the education of your child. You can choose the country that you want to send your child to, whether you want to send your child for bachelor's, master's, or doctoral studies, and what type of subject you would like your child to study while abroad. On the next page, you can select a rank bracket that you would like your college to lie in. You can also choose the kind of city that you want the college to be in. As per the entered information, you will receive a list of colleges that match your criteria. There will also be a list of the mean tuition fees of these colleges for your selected major. You can now choose the scheme of the LIC Mutual Fund that you want to invest in. As you browse through schemes, you will also be provided with the duration required to accumulate the amount of money that was previously calculated as required for your child's education. EduFund accepts payment by all legitimate methods of transaction. Using the EduFund app, you can continue to track the performance of several different schemes, including the ones you have invested in. EduFund also put you in contact with affiliated education counselors who have years and years of experience in the field of foreign education. They can help allay your doubts regarding majors, experience abroad, as well as financial matters. Leading fund managers at LIC Mutual Fund Once you have invested your money in a mutual fund scheme, its fate is in the hands of the managers of the schemes. The importance of fund managers in a mutual fund can never be understated. Before investing in a mutual fund scheme, it is essential that you look at the performance of the scheme over the past few years and whether it is capable of providing you with the kind of returns that you desire. However, at the same time, it is also essential to take a quick glance at the performance of the manager of the mutual fund that you are looking to invest in. The performance of other mutual funds of the manager, the qualifications and experience of the manager are all considerations that must be kept in mind when you make a decision to invest your hard-earned money. LIC Mutual Fund has some very experienced managers with different professional and educational backgrounds. Together, they form a really competitive team that is capable of taking the value of your money to new heights. Let us take a look at the profiles of the fund managers at LIC Mutual Fund. 1. Yogesh Patil Mr. Yogesh Patil has nearly two decades of experience behind him and has managed some of the most stable schemes that have been provided by LIC over the years.  Mr. Yogesh Patil earned his Master of Business Administration degree from Symbiosis Institute of Business Administration in Pune. He worked at the Sahara Mutual Fund as a research analyst in equity for around three years, during which he was specifically involved in tracking the cement, power, capital goods, construction, and metal sectors. He also managed the Sahara Blue Chip PMS Fund. He was then a part of Canara Robeco Asset Management Company Ltd. for nine years. He joined as a senior analyst in equity but was later made a senior fund manager. As a fund manager, he was in charge of the Canara Robeco Infrastructure Fund and the Canara Robeco Tax Saver Fund. Under his management, the Canara Robeco Infrastructure Fund was ranked the foremost infrastructure equity fund by CRISIL for multiple quarters. Mr. Patil joined LIC Mutual Fund as a Fund Manager in 2018. At LIC Mutual Fund, Mr. Yogesh Patil manages schemes such as LIC Multicap Fund, LIC Equity Hybrid Fund, and LIC BFSI Fund. The LIC Mutual Fund Large Cap Fund Direct has returned a CAGR of over 14% under his management between 2018 and 2021. The LIC Mutual Fund Large and Mid Cap Fund Direct have returned more than 13% over the same period of time. Mr. Patil has an AUM of over 3000 Cr as of 1 March 2021. 2 Ritu Modi Ms. Ritu Modi is the fund manager for several actively and passively managed schemes at LIC Mutual Fund. She has more than a decade of experience both as a research analyst and as a fund manager. Ms. Ritu Modi completed her Bachelor of Commerce degree from Mulund College of Commerce in Mumbai. She later went on to earn her Master of Business Administration degree in finance from the University of Mumbai. She was a Research Analyst on Institutional Inequities at Ambit Capital for seven years. Here, she specifically researched the Indian auto and auto components sectors. She also focused on sectors such as metals and mining, cement, ports & logistics, and healthcare. After Ambit Capital, Ms. Modi joined LIC Mutual Fund in 2018. As a Research Analyst, She focused on sectors like consumer staples,  discretionary, retail, auto, and auto ancillary. Since 2019, Ms. Ritu Modi has been a find manager at LIC Mutual Fund. Ms. Modi is a co-manager in actively managed funds and a fund manager in passively managed funds. She has an AUM of 925 Cr as of 1 March 2021. Under her joint management, the LIC Mutual Fund Index Sensex Fund Direct has grown at a CAGR of over 16% between 2018 and 2021. The LIC Mutual Fund Index Nifty Fund Direct has appreciated by more than 14.5%, while the LIC Mutual Fund Large Cap Fund Direct has appreciated more than 14% in this time. 3. Marzban Irani Mr. Marzban Irani is one of the most experienced fund managers at LIC Mutual Fund. He has well over two decades of experience and has served in leadership roles in several different asset management companies. He is currently the Chief Investment Officer for Debt at LIC Asset Management Company. Mr. Marzban Irani earned his Bachelor of Commerce (Honours) degree from Mumbai University and his Post Graduate Diploma in Business Management from Chetna's Institute of Management and Research, Mumbai. He was then the Fund Manager for Fixed Income at Tata Asset Management Company for seven years. He then served as the Fund Manager of Fixed Income at Mirae Asset Global Investment Management India Pvt. Ltd for over two years, before moving on to PNB MetLife India Insurance as Senior Fund Manager for Fixed Income. Subsequently, Mr. Irani joined Tata Asset Management as the Vice President for Fixed Income. He has also been associated with DSP Investment Managers. Mr. Irani joined the LIC Mutual Fund as the CIO for Debt in 2016. Mr. Marzban Irani manages several debt schemes and has an AUM of over 4400 Cr as of 1 March 2021. Under his management, the LIC Mutual Fund Government Securities Fund Direct has yielded over 10% returns annually between 2018 and 2021. The LIC Mutual Fund Banking and PSU Debt Fund Direct have also returned a CAGR of more than 8% at this time. 4. Sanjay Pawar Mr. Sanjay Pawar has more than 15 years of experience across various roles in the finance industry. Mr. Sanjay Pawar earned his Bachelor of Commerce degree from the University of Mumbai. Posy this, he went on to study at the Bharati Vidyapeeth's Institute of Management Studies & Research, where he completed a Master of Business Administration degree in finance and financial management services. He was a Corporate Bond Dealer for ICAP before joining CRISIL as a Senior Research Analyst in Fixed Income Instruments. He was then an Assistant Team Manager at Edelweiss Securities Ltd. for four years. Subsequently, Mr. Pawar joined Taurus Mutual Funds as a Fixed Income Dealer. He then joined LIC Mutual Fund as a Senior Dealer in Fixed Income and served in the position for two years before becoming a Fund Manager for Fixed Income. Mr. Sanjay Pawar manages the LIC Mutual Fund Short Term Debt Fund Direct with an AUM of 680 Cr as of 1 March 2021. In 2020, the scheme provided returns of around 7%. 5. Karan Doshi Mr. Karan Doshi has experience of eight years and has been with LIC since 2019. He completed his Bachelor of Engineering degree in Electronics and Telecommunication Engineering from K J Somaiya Institute of Engineering and Information Technology, Mumbai, and his Master of Business Administration degree in Finance from Guru Nanak Institute of Management Studies, Mumbai. He was an Equity Research Analyst at Shubhkam Ventures Pvt. Ltd. for over five years, where he focused on the pharmaceutical and information technology industries. He then joined LIC Mutual Fund as an Equity Research Analyst, focusing on pharmaceuticals, information technology, and specialty chemicals. Mr. Doshi manages the LIC Mutual Fund Debt Hybrid Fund Direct with an AUM of 92 Cr as of 1 March 2021. The scheme appreciated by over 10% in 2020. Why should you invest in LIC Mutual Fund? When you are planning the education of your child, the importance of the investment instrument you use is increased manifold. Even one small mistake can cause years' worth of returns to turn into an opportunity cost, and your eventual financial goals become even more difficult to meet. The importance of saving for your child's education from an early age cannot be understated. Starting early can save you the inconvenience and difficulty that comes with having to scramble for funds years down the line when your child eventually wants to depart for one of the best educational institutions in the world. The decision to invest in a mutual fund isn't merely governed by those at the top who manage the fund. The advisors that interact with the customer must also be competent and trustworthy. When you make a decision to invest in a LIC Mutual Fund, you can communicate the reason for your investment to your mutual fund advisor and trust LIC advisors to recommend the right find for your requirement. Once you have communicated the quantum of funds you require to send your child for studies abroad, LIC Mutual Fund advisors will provide you with detailed recommendations concerning the funds that LIC offers. In conclusion, the LIC Mutual Fund has been a beacon of trust for all its subscribers. It is incredibly stable and employs fund managers who are extremely competent at ensuring the appreciation of your funds. LIC has nationwide coverage, and LIC advisors are qualified to provide you with the right recommendations for you and your kids. Being one of the oldest financial companies in India, and moreover being owned by the government, it is possible to rest assured that your come is in safe hands with LIC. These factors make LIC a great option to ensure that you have enough money to educate your child abroad. Invest in LIC Mutual Fund using EduFund You can never be too early in deciding to invest in your child's education. With tuition fees for education abroad rising by the year and admissions becoming more and more competitive, you would not want to be in a situation where your child gains admission to a great school, but you simply can afford the fees. EduFund provides you with access to experienced financial advisors who can guide you through the process of investing in the right mutual funds for your purposes. Services provided by EduFund are completely customized as per your need and requirements. The process of investment is also extremely simple and takes no more than a few minutes. FAQs What are some best LIC Mutual Fund Schemes to invest in? Some of the top LIC Mutual Fund Schemes are LIC Large & Mid Cap Fund Direct, LIC Index Sensex Fund Direct, LIC Index Nifty Fund Direct, etc. What's the minimum amount I can invest in some of the top LIC Mutual Funds? The minimum investment amount varies from scheme to scheme. However, some MF schemes like LIC MF Tax Plan have set Rs 500 as the minimum investment amount. Can I invest in LIC Mutual Funds online? Yes, you can start investing in LIC Mutual Funds from the comfort of your home today. All you have to do is download the EduFund App, complete your registration and KYC verification, explore your investment options, and start investing in the scheme of your choice. No paperwork required!

UTI Asset Management Company (AMC) is one of the oldest and the seventh-largest AMC in India. As of September 2019, UTI mutual fund had 10.9 million active folios in 2020 or 12.2% of the total mutual fund folios maintained with Indian mutual fund houses. UTI AMC's vast network, strong brand, and impeccable customer service make it a future-ready mutual fund house. UTI AMC is a professional company with a Board of Directors and a fully functional management team leading its day-to-day activities. The four sponsors of this mutual fund are the State Bank of India, Life Insurance Corporation of India, Punjab National Bank, Bank of Baroda, and T. Rowe Price International Ltd.  UTI mutual fund has an extensive distribution network in over 800 Indian cities, including 163 UTI Financial Centres, 283 Business Development Associates and Chief Agents, 46 Official Points of Acceptance, and 33 Other Official Points of Acceptance. UTI mutual fund's IFAs channel has 52,000 Mutual Fund Distributors, covering India's length and breadth to include the maximum number of investors to its fore. The Unit Trust of India (UTI) has a long history dating back to 1964 when a bill in the Indian parliament established the financial institution. The primary task of UTI was to collect small amounts from retail investors and invest in the capital markets. Its flagship scheme US-64 was instrumental in introducing the middle class to the capital markets.  UTI mutual fund has several firsts in its history. The UTI Unit Linked Insurance Plan (ULIP), launched in 1971, including life and accident cover. The UTI India fund, launched in 1986, was India's first offshore fund. The UTI Wealth Builder Fund combines different asset classes, such as gold and equity, to generate healthy returns. As of 31st March 2020, the total Asset Under Management (AUM) of UTI AMC was INR 9,798 billion, of which UTI mutual fund contributed INR 1,515 billion. UTI mutual fund runs 172 schemes across all segments like equity, debt, hybrid, ETFs, Index, Income, and money market instruments.  The gross SIP inflow witnessed a jump of 4.6% (Y-o-Y basis) INR 29.6 billion in the financial year 2020.   Important information about UTI Mutual Fund Mutual Fund NameUTI Mutual FundEstablished1st February 2003Date of Incorporation14th November 2002SponsorsState Bank of India Punjab National Bank Bank of Baroda Life Insurance Corporation T Rowe Price International Ltd.TrusteeUTI Trustee Company Private LimitedTrusteesA Ramesh Kumar Suhail Nathani Shiva Kumar S K Kapahi Mukeeta JhaveriBoard of DirectorsDinesh Kumar Mehrotra, Non-Executive Chairman and Independent Director  Imtaiyazur Rahman, Chief Executive Officer and Whole-time Director Deepak Kumar Chatterjee, Independent Director Dipali H Sheth, Independent Director Edward Cage Bernard, Non-Executive Director Flemming Madsen, Non-Executive Director Jayashree Vaidhyanathan, Independent Director  Narasimhan Seshadri, Independent Director  Rajeev Kakar, Independent DirectorChief Financial OfficerSurojit SahaCompliance OfficerVivek MaheshwariInvestor Service OfficerNanda MalaiCustodianStock Holding Corporation of India Limited Mittal Court, 'B' Wing,2nd floor, 224,Nariman Point,Mumbai - 400021.SEBI Registration No. : IN/CUS/011RegistrarKFin Technologies Private LimitedKarvy Selenium Tower B| Plot Nos. 31 & 32 | Financial District, Nanakramguda, Serilingampally Mandal,Hyderabad - 500032 Board No: 040- 6716 2222,Fax: 040-66161888 Email: uti@kfintech.comPhone Number1800 266 1230 - 24 X 7 Toll-Free Self Service IVR(+91) 022 6227 8000 – Non-Toll-freeEmail Address service@uti.co.inUTI AMC Registered AddressUTI Asset Management Company Ltd Address: UTI Tower, 'GN' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051 Top 10 performing UTI mutual fund schemes  UTI mutual fund's portfolio comprises high-quality stocks and debt instruments that promise to deliver inflation-beating returns to its investors. The following are the top 10 UTI mutual fund schemes that have delivered strong returns and are the ones with the most AuM (Asset Under Management). 1. UTI Healthcare Fund (Category - Equity: Sectoral - Pharma) The open-ended UTI Healthcare Fund invests in high-quality pharmaceutical and healthcare companies that have tremendous growth potential. It has a NAV of 148.0992 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Equity: Sectoral - Pharma' category. The fund was launched on 28th June 1999 and has given trailing returns of 50.51% in one year (as of 16th April 2021). The fund considers the S&P BSE Healthcare TRI as its benchmark.   Key information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 500Minimum Withdrawal-Exit Load1% for withdrawals before 30 daysReturn Since Inception (28th June 1999):14.59% (as of 16th April 2021)AssetsINR 618 Crore (as of 31st March 2021)Expense Ratio2.33% (as of 31st March 2021) https://www.youtube.com/shorts/FcWVk38QxXY 2. UTI Transportation and Logistics Fund (Category - Equity: Thematic) This open-ended fund invests in promising large, mid-sized, and small-cap companies in the transportation and logistics sector.  It has a NAV of 114.6062 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Equity: Thematic' category. The fund was launched on 7th April 2004 and has given trailing returns of 81.27% in one year (as of 16th April 2021). The fund considers the UTI Transportation and Logistics Index as its benchmark.   Key information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 500Minimum Withdrawal-Exit Load1% for withdrawals before 30 daysReturn Since Inception (7th April 2004):15.42% (as of 16th April 2021)AssetsINR 1,417 Crore (as of 31st March 2021)Expense Ratio2.22% (as of 31st March 2021) 3. UTI Mid Cap Fund (Category - Equity: Mid Cap) This open-ended fund invests in promising mid-sized companies with a viable business model and robust growth potential. It has a NAV of 146.4796 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Equity: Mid Cap' category. The fund was launched on 7th April 2004 and has given trailing returns of 79.07% in one year (as on 16th April 2021). The fund considers the NIFTY Midcap 150 TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 500Minimum Withdrawal-Exit Load1% for withdrawals before 364 daysReturn Since Inception (7th April 2004):17.70% (as of 16th April 2021)AssetsINR 5,190 Crore (as of 31st March 2021)Expense Ratio2.21% (as of 31st March 2021) https://www.youtube.com/shorts/0-BI6q5Vm3g 4. UTI Core Equity Fund (Equity - Large and Mid Cap) This open-ended fund invests in high-growth large, mid-sized, and small-cap companies with a viable business model. It has a NAV of 78.7769 (Regular Growth) (as of 16th April 2021), and is one of the best-performing funds in the 'Equity: Large and Mid Cap' category. The fund was launched on 16th February 1993 and has given trailing returns of 69.52% in one year (as of 16th April 2021). The fund considers the NIFTY Large Midcap 250 TRI as its benchmark.   Key information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 500Minimum Withdrawal-Exit Load1% for withdrawals before 364 daysReturn Since Inception (28th June 1999):12.71% (as of 16th April 2021)AssetsINR 930 Crore (as of 31st March 2021)Expense Ratio2.72% (as of 31st March 2021) https://www.youtube.com/shorts/ivyQbFDCx9A 5. UTI S&P BSE Sensex Next 50 ETF (Category - Equity: Large Cap) This open-ended fund invests in large companies that are a part of the Sensex Next 50 index. It has a NAV of 40.3173 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Equity: Large Cap' category. The fund was launched on 1st March 2019 and has given trailing returns of 60.83% in one year (as of 16th April 2021). The fund considers the S&P BSE SENSEX Next 50 TRI as its benchmark.   Key information Minimum InvestmentINR 5,000Minimum Additional Investment-Minimum SIP Investment-Minimum Withdrawal-Exit LoadNilReturn Since Inception (1st March 2019):9.27% (as of 16th April 2021)AssetsINR 7 Crore (as of 31st March 2021)Expense Ratio0.22% (as of 31st September 2020) https://www.youtube.com/shorts/KUcdv3sN5dc 6. UTI Flexi Cap Fund (Category - Equity: Flexi Cap) This open-ended fund invests in high-growth large, mid-sized, and small-cap companies with a strong financial track record. It has a NAV of 212.0595 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Equity: Flexi Cap' category. The fund was launched on 18th May 1992 and has given trailing returns of 74.23% in one year (as of 16th April 2021). The fund considers the NIFTY 500 TRI as its benchmark.   Key information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 500Minimum Withdrawal-Exit Load1% for withdrawals before 365 daysReturn Since Inception (18th May 1992):12.94% (as of 16th April 2021)AssetsINR 16,717 Crore (as of 31st March 2021)Expense Ratio2.04% (as of 31st March 2021) https://www.youtube.com/shorts/vpeu_D2VYps 7. UTI Value Opportunities Fund (Category - Equity: Value Oriented) This open-ended fund takes a contrarian approach to pick companies whose inherent value is more than the stock price. It has a NAV of 82.0576 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Equity: Value Oriented' category. The fund was launched on 20th July 2005 and has given trailing returns of 62.78% in one year (as of 16th April 2021). The fund considers the NIFTY 500 TRI as its benchmark.   Key information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 500Minimum Withdrawal-Exit Load1% for withdrawals before 365 daysReturn Since Inception (20th July 2005):14.30% (as of 16th April 2021)AssetsINR 5,515 Crore (as of 31st March 2021)Expense Ratio2.17% (as of 31st March 2021) https://www.youtube.com/shorts/uPXvNjncGMY 8. UTI Dividend Yield Fund (Category - Equity: Thematic - Dividend Yield) This open-ended fund invests in growth-oriented companies that also pay a high dividend. It has a NAV of 84.5172 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Equity: Thematic - Dividend Yield category. The fund was launched on 3rd May 2005 and has given trailing returns of 55.69% in one year (as of 16th April 2021). The fund considers the NIFTY Div Opps 50 TRI as its benchmark.   Key information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 500Minimum Withdrawal-Exit Load1% for withdrawals before 364 daysReturn Since Inception (3rd May 2005):14.30% (as of 16th April 2021)AssetsINR 2,618 Crore (as of 31st March 2021)Expense Ratio2.22% (as of 31st March 2021) 9. UTI Children's Career Fund-Investment Plan (Category - Equity: Flexi Cap) This open-ended fund invests in high-growth companies that have a robust financial profile. It has a NAV of 48.7499 (Regular Growth) (as of 16th April 2021), and is one of the best-performing funds in the 'Equity: Flexi Cap' category. The fund was launched on 17th February 2004 and has given trailing returns of 60.86% in one year (as of 16th April 2021). The fund considers the NIFTY 500 TRI as its benchmark.   Key information Minimum InvestmentINR 1,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 500Minimum Withdrawal-Exit LoadNilReturn Since Inception (17th February 2004):9.66% (as of 16th April 2021)AssetsINR 452 Crore (as of 31st March 2021)Expense Ratio2.78% (as of 31st March 2021) 10. UTI Hybrid Equity Fund (Category - Equity: Hybrid - Aggressive Hybrid) This open-ended fund invests between 65% and 80% in the equity market and the rest in debt instruments.  It has a NAV of 206.2288 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Hrbrid: Aggressive Hybrid' category. The fund was launched on 20th March 1995 and has given trailing returns of 51.61% in one year (as of 16th April 2021). The fund considers the CRISIL Hybrid 25+75 Aggressive Index as its benchmark.   Key information Minimum InvestmentINR 1,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 500Minimum Withdrawal-Exit Load1% for withdrawals before 365 daysReturn Since Inception (28th June 1999):14.57% (as of 16th April 2021)AssetsINR 3,808 Crore (as of 31st March 2021)Expense Ratio2.07% (as of 31st March 2021) https://www.youtube.com/shorts/yaF5-h7M1-o How can you invest in UTI Mutual Fund via EduFund? Investing in UTI Mutual Fund through Edufund is a straightforward and uncomplicated seven-step process. Step 1: Download the EduFund App from Apple App Store or Google Play Store and enter details like name, email, and telephone address to create an account. Step 2: Choose a Scheme: Scan the list of UTI Mutual Fund schemes and choose the best scheme suiting your financial goals. You can invest in a lump sum or in a Systematic Investment Plan (SIP). The inbuilt recommendation engine helps you pick the best fund. Step 3 - Manage Your Transaction(s) - Your EduFund account contains every detail you need to manage the account. You can track the UTI Mutual Fund NAV, and portfolio value, view or download account statements, check account balances and do many things within the app. Also, you can buy or redeem UTI mutual fund units or switch between schemes. Step 4 - Get in touch with a mutual fund counselor - You can connect with a mutual fund counselor to discuss your financial goals and receive personal guidance.  EduFund uses top-class authentication and encryption technologies akin to a bank to ensure safe transactions. Fund Managers at UTI Mutual Fund The fund manager plays a significant role in driving growth. UTI mutual fund has employed some of the best names in the industry whose meticulous research and calls have consistently delivered high returns to investors. The following are the top-7 fund managers at UTI AMC: 1. Mr. Ajay Tyagi Mr. Ajay Tyagi, Executive Vice President and Fund Manager, of UTI AMC, has been associated with UTI since 2000. During the first few years, he spent his time in equity research and tracked the telecom, media, and IT sectors. His educational qualifications include a Master's in Finance (Delhi University) and CFA Charter Holder (The CFA Institute, USA). Mr. Tyagi has extensive experience in fund management and equity research. Besides managing several UTI mutual fund schemes, he also looks after various India-dedicated offshore funds. He manages mutual fund schemes like UTI Flexi Cap Fund, UTI Regular Savings Fund, and UTI Unit Linked Insurance Fund.   2. Mr. V. Srivatsa Mr. V. Srivatsa, Executive Vice President & Fund Manager – Equity, at UTI AMC, joined the company in 2002. He joined the securities research department, where he closely monitored the ups and downs of the metal, capital goods, and Information Technology sectors. Before joining UTI AMC, he served Rhodes Parks & Co., Chartered Accountants, Madras Cements Ltd, and Ford. His educational qualifications include B.Com, C.A., C.W.A., and PGDM (IIM, Indore). Mr. Srivatsa manages several best-performing schemes at UTI AMC, including UTI Healthcare Fund, UTI Core Equity Fund, and UTI Retirement Benefit Pension Fund.  3. Mr. Sachin Trivedi Mr. Sachin Trivedi, Senior Vice President and Head of Research & Fund Manager - Equity, UTI AMC, joined the company in June 2001. He has over 16 years of experience in equity research and portfolio management. He has special expertise in analyzing the auto OEM, logistics, capital goods, and utility sectors. His educational qualifications include a B.Com (Narsee Monjee College of Commerce, Mumbai), MMS (K. J. Somaiya Institute of Management Studies & Research, Mumbai University), and CFA Charter (CFA Institute, USA). Mr. Trivedi manages three schemes. 4. Mr. Ankit Agarwal Mr. Ankit Agarwal, Fund Manager, UTI AMC, joined the company in August 2019. He manages five schemes, of which the UTI Mid Cap Fund has been a consistent high-performer. He has over 12 years of experience in fund management and equity research. Before joining UTI AMC, he worked with various prestigious financial institutions like Barclays Wealth, Lehman Brothers, and Centrum Broking Ltd. At Centrum Broking Ltd., he worked as the Sr. Vice President. His educational qualifications include B.Tech (National Institute of Technology) and PGDM (IIM, Bangalore).  5. Mr Sharwan Kumar Goyal Mr. Sharwan Kumar Goyal, Vice President, and Fund Manager – Of equity, at UTI AMC, has been associated with the company since June 2006. He has more than 11 years of experience in Portfolio Analysis, Risk Management, and Equity Research. His educational qualifications include MMS (Welingkar Institute of Management Development & Research, Mumbai) and CFA Charter (CFA Institute, USA). Mr. Goyal manages eight (8) schemes, including UTI S&P BSE Sensex Next 50 ETF, UTI Bank Exchange Traded Fund, UTI Arbitrage Fund, and UTI Nifty 200 Momentum 30 Index Fund.  6. Ms Swati Anil Kulkarni Ms. Swati Anil Kulkarni, Executive Vice President and Fund Manager – Equity, UTI AMC, has over 26 years of experience with the company. Her educational qualifications include a B.Com, a Master in Financial Management (Narsee Monjee Institute of Management Studies, Mumbai), and a CFA Charter (CFA Institute, USA). She is also impaneled with the Indian Institute of Bankers as a Certified Associate. During her stint at the Research and Planning department, she involved herself with mutual fund research, product reviews, market research, and Quantitative Analysis. Ms. Kulkarni manages nine (9) UTI mutual fund schemes.  7. Mr Vetri Subramaniam Mr. Vetri Subramaniam, Group President and Head of Equity, at UTI AMC, joined the company in January 2017. He manages a team of 17 persons, including fund managers and research analysts. The team manages assets worth INR 649 billion. He has more than 26 years of experience in leading teams. Before joining UTI AMC, he worked with Invesco Asset Management Ltd., Kotak Mahindra, Motilal Oswal, SSKI, and Sharekhan.com. Mr. Subramaniam manages five (5) UTI mutual fund schemes.   Why should you invest? UTI mutual fund is one of the largest AMCs in India. It has a presence in more than 830 cities in India, besides 52,000 mutual fund distributors. The fund house offers more than 172 mutual fund schemes, most of which have consistently given stellar returns. The fund house has a legacy of over fifty (50) years and provides services like equity research, fund management, portfolio management, and advisory services. UTI AMC also has more than 160 financial centers, which serve as a point of contact for investors. Hence, if you look for a fund house that offers a diverse range of mutual fund schemes, UTI mutual fund is the place to be. Select EduFund for investing in UTI Mutual Fund  With EduFund by your side, you can conveniently invest in one or multiple UTI mutual fund schemes from the comfort of your home or office. In case you need personalized guidance, EduFund's seasoned mutual fund counselors assist you in choosing the best fund. EduFund brings with it a top-class recommendation engine that scans more than 1 lakh data points and 400 financial scenarios to recommend the best plan for you. You can start your journey to financial freedom by investing as little as INR 500 every month.  Besides Indian funds, EduFund also allows you to invest in international mutual funds and US Dollar ETFs. You can also use several free tools like College Savings Calculator, SIP Calculator, etc.  EduFund is RIA-registered, and its world-class 128-SSL security safeguards your investments.  FAQs What are some of the top UTI Mutual Fund Schemes? Some of the top-performing UTI Mutual Fund Schemes include UTI Healthcare Fund (Category – Equity: Sectoral – Pharma), UTI Transportation and Logistics Fund (Category – Equity: Thematic), UTI Mid Cap Fund (Category – Equity: Mid Cap), etc. Can I start investing in UTI Mutual Funds with Rs 1,000/ month? Yes, there are many UTI Mutual Fund schemes that allow investors to start investing through SIPs with just Rs 500. Some examples include UTI Core Equity Fund (Equity – Large and Mid Cap), UTI Flexi Cap Fund (Category – Equity: Flexi Cap), UTI Healthcare Fund (Category – Equity: Sectoral – Pharma), etc. How can I invest in UTI Mutual Funds? You can invest in UTI Mutual Funds in minutes from the comfort of your home. Just download the EduFund App, explore your options, and start investing in a scheme of your choice.

HSBC Mutual Fund AMC (India) Private Limited manages the mutual fund schemes of HSBC, which is present in the Indian Mutual Fund industry since 2001. It is a prominent part of HSBC Retail Banking and Wealth Management, a part of HSBC Holdings plc. HSBC Asset Management (India) Pvt. Ltd. is the HSBC Mutual Fund's investment manager in India and is also a division of Hong Kong Shanghai Banking Corporation - Retail Banking and Wealth Management, which is also the asset management division of HSBC Holdings plc. HSBC Holdings plc is a British multinational banking and financial services holding company. The fund house of HSBC Asset Management has grown to become one of the leading AMCs in India. HSBC is the largest bank in Europe and the 7ᵗʰ largest bank in the world, with total assets of US$2.374 trillion. As of November 2020, HSBC Mutual Fund serves more than 1 million customers through its 1000-plus offices spread all over India.  It operates with a total corpus of Rs. 11553.0387 Crore as of 2019 and offers 103 different types of schemes under three types of options, equity, debt, and product add-on funds. HSBC Asset Management as of 31 December 2020 has a presence in 25 countries and territories, with USD 612 bn under management, around 600 investment professionals, and 150-plus years of serving financial markets Ravi Menon plans to take HSBC India AMC to great heights being the Chief Executive Officer of HSBC India Asset Management Company. He doesn’t believe in taking undue risks to generate returns and follows a conservative investment stance. This firm comprises more than 600 expert investment professionals and more than 2,300 employees working across 26 countries worldwide. Features of HSBC Mutual Fund AMC The mutual company focuses on clarity, discipline, and diligent governance of investments. The company believes in maintaining successful client relationships, connecting clients with opportunities, and making customers realize the benefits they can derive from the HSBC group. It provides expertise that leads to wealth creation and protection of assets. The company emphasizes a disciplined investment approach and a long-term commitment which has helped the organization generate a large client base across the globe. It has proved to be a trusted asset manager for its clients. HSBC Mutual Fund AMC has incorporated financial analysis to promote responsible investing along with ESG - Environmental Social Governance analysis The AMC offers a myriad of investment solutions across equity, debt, and money market, fixed income, liquid, SIP option, and multi-asset categories in these mutual fund schemes. Important Information about HSBC Mutual Fund ParticularsDetailsCEO and MDMr. Ravi MenonCIOMr. Tushar PradhanAuditors  HSBC Asset Mgmt. (I) Pt. Ltd - BSR & Co., HSBC MF - Price Waterhouse HSBC Mutual Fund - B.S.R. & CoInvestor Relations OfficerRheitu BansalCompliance OfficerMr. Sumesh KumarRegistrar and Transfer AgentComputer Age Management Services (P) Ltd.CustodianStandard Chartered BankHead OfficeMumbaiTotal Number of schemes38SponsorHSBC Securities and Capital Markets (India) Private LimitedTrusteeBoard of Trustees, HSBC Mutual FundSet-UpMay-27-2002IncorporatedDec-12-2001AddressHead Office, The Hongkong, and Shanghai Banking Corp. Ltd.16, V. N. Road, Fort, Mumbai:400001HSBC mutual fund customer care number022-66145000 / 66668819, 022-40029600 (Fax) HSBC mutual fund toll-free number1800-200-2434Emailhsbcmf@camsonline.comWebsitewww.assetmanagement.hsbc.com/in Top 10 performing HSBC Mutual Fund schemes Some of the best HSBC India mutual fund schemes are available on EduFund. HSBC has mutual funds in almost all categories permitted by the Securities and Exchange Board of India or SEBI. The investor can choose the right investment after thorough research on the available plans of investment. 1. HSBC Large Cap Equity Fund Direct-Growth (Category - Equity: Large Cap) The scheme seeks to generate long-term capital growth from a diversified portfolio of equity and equity-related securities of predominantly large-cap companies. HSBC Large Cap Equity Fund Direct-Growth, with a NAV of 285.2982 (Regular Growth) (as of 30th April 2021), is the top-performing fund in the 'Equity: Large Cap' category. This open-end fund has the benchmark NIFTY 50 Total Return Index which was launched on 01 Jan 2013 and has given trailing returns of 50.64% in the last year, and 36.15% in the last 3 years (as of 30th April 2021). Key information Minimum InvestmentINR 1,000Minimum SIP InvestmentINR 1000Exit LoadExit load of 1% if redeemed within 1 yearReturn Since Inception (01 Jan 2013):164.18% (as of 30th April 2021)AssetsINR 700.54 Crore (as of 30th April 2021)Expense Ratio1.53% (as of 31st March 2021) 2. HSBC Flexi Debt Fund Direct-Growth (Category – Debt: Dynamic Bond) The scheme seeks to deliver returns in the form of interest income and capital gains, along with high liquidity, commensurate with the current view on the markets and the interest rate cycle, through active investment in debt and money market instruments. HSBC Flexi Debt Fund Direct-Growth, with a NAV of 30.1568 (Direct-Growth) (as of 30th April 2021), is the top-performing fund in the Debt category. This open-end fund has the benchmark CRISIL Composite Bond Total Return Index which was launched on 01 Jan 2013 and has given trailing returns of 5.99% in the last year, and 28.79% in the last 3 years (as of 30th April 2021). Key information Minimum InvestmentINR 1,000Minimum SIP InvestmentINR 1000Exit LoadNo charges on withdrawalReturn Since Inception (01 Jan 2013):87.45% (as of 30th April 2021)AssetsINR 61.66 Crore (as of 30th April 2021)Expense Ratio0.95% (as of 31st March 2021) 3. HSBC Regular Savings Fund Direct-Growth (Category – Hybrid: Conservative Hybrid) The scheme seeks to generate reasonable returns through investments in debt and money market instruments. It would also invest in equity and equity-related instruments to seek capital appreciation, but this allocation shall not exceed 25 percent. HSBC Regular Savings Fund Direct-Growth, with a NAV of 46.0330 (Direct-Growth) (as of 30th April 2021), is the top-performing fund in the Hybrid category. This open-end fund has the benchmark CRISIL Hybrid 85+15 Conservative Total Return Index which was launched on 01 Jan 2013 and has given trailing returns of 16.68% in the last year, and 28.22% in the last 3 years (as of 30th April 2021). Key information Minimum InvestmentINR 1,000Minimum SIP InvestmentINR 1000Exit LoadExit load of 1% if redeemed within 1 yearReturn Since Inception (01 Jan 2013):102.73% (as of 30th April 2021)AssetsINR 81.25 Crore (as of 30th April 2021)Expense Ratio0.71% (as of 31st March 2021) 4. HSBC Managed Solutions India Growth Fund Direct-Growth (Category – Hybrid: Aggressive Hybrid) The scheme seeks to provide a long-term total return primarily by seeking capital appreciation through an active asset allocation with diversification commensurate with the risk profile of investments by investing predominantly in units of equity mutual funds as well as in a basket of debt mutual funds, gold ETFs and other ETFs, offshore mutual funds and money market instruments. HSBC Managed Solutions India Growth Fund Direct-Growth, with a NAV of 23.4304 (Direct-Growth) (as of 30th April 2021). This open-end fund has the benchmark CRISIL Composite Bond Total Return Index which was launched on 30 Apr 2014 and has given trailing returns of 49.21% in the last year, and 27.61% in the last 3 years (as of 30th April 2021). Key information Minimum InvestmentINR 1,000Minimum SIP InvestmentINR 1000Exit LoadExit load of 1% if redeemed within 1 yearReturn Since Inception (30 Apr 2014):134.30% (as of 30th April 2021)AssetsINR 40.30 Crore (as of 30th April 2021)Expense Ratio1.46% (as of 31st March 2021) 5. HSBC Managed Solutions India Conservative Fund Direct-Growth (Category – Hybrid: Conservative Hybrid) The scheme seeks to provide a long-term total return primarily by seeking capital appreciation through an active asset allocation with diversification commensurate with the risk profile of investments by investing predominantly in units of equity mutual funds as well as in a basket of debt mutual funds, gold ETFs and other ETFs, offshore mutual funds and money market instruments. HSBC Managed Solutions India Conservative Fund Direct-Growth, with a NAV of 17.2966 (Direct-Growth) (as of 30th April 2021). This open-end fund has the benchmark CRISIL Composite Bond Total Return Index which was launched on 30 Apr 2014 and has given trailing returns of 9.58% in the last year, and 23.28% in the last 3 years (as of 30th April 2021). Key information Minimum InvestmentINR 1,000Minimum SIP InvestmentINR 1000Exit LoadExit load of 1% if redeemed within 1 yearReturn Since Inception (30 Apr 2014):72.97% (as of 30th April 2021)AssetsINR 49.71 Crore (as of 30th April 2021)Expense Ratio0.82% (as of 31st March 2021) 6. HSBC Managed Solutions India Growth Fund Direct- IDCW (Hybrid: Aggressive Hybrid) The scheme seeks to provide a long-term total return primarily by seeking capital appreciation through an active asset allocation with diversification commensurate with the risk profile of investments by investing predominantly in units of equity mutual funds as well as in a basket of debt mutual funds, gold ETFs and other ETFs, offshore mutual funds and money market instruments. HSBC Managed Solutions India Growth Fund Direct- IDCW, with a NAV of 23.4304 (as of 30th April 2021). This open-end fund has the benchmark CRISIL Composite Bond Total Return Index which was launched on 30 Apr 2014 and has given trailing returns of 49.21% in the last year, and 27.61% in the last 3 years (as of 30th April 2021). Key information Minimum InvestmentINR 1,000Minimum SIP InvestmentINR 1000Exit LoadExit load of 1% if redeemed within 1 yearReturn Since Inception (30 Apr 2014):87.45% (as of 30th April 2021)AssetsINR 40.30 Crore (as of 30th April 2021)Expense Ratio1.46% (as of 31st March 2021) 7. HSBC Tax Saver Equity Fund Direct-Growth (Equity: ELSS) The scheme aims to provide long-term capital appreciation by investing in a diversified portfolio of equity & equity-related instruments of companies across various sectors and industries, with no capitalization bias. HSBC Tax Saver Equity Fund Direct-Growth, with a NAV of 48.5835 (as of 30th April 2021). This open-end fund has the benchmark S&P BSE 200 Total Return Index which was launched on 01 Jan 2013 and has given trailing returns of 53.82% in the last year, and 23.81% in the last 3 years (as of 30th April 2021). Key information Minimum InvestmentINR 500Minimum SIP InvestmentINR 500Exit LoadNo charges on withdrawalReturn Since Inception (01 Jan 2013):184.14% (as of 30th April 2021)AssetsINR 169.44 Crore (as of 30th April 2021)Expense Ratio1.26% (as on 31st March 2021) 8. HSBC Tax Saver Equity Fund Direct-IDCW (Equity: ELSS) The scheme aims to provide long-term capital appreciation by investing in a diversified portfolio of equity & equity-related instruments of companies across various sectors and industries, with no capitalization bias. HSBC Tax Saver Equity Fund Direct-IDCW, with a NAV of 23.5994 (as of 30th April 2021). This open-end fund has the benchmark S&P BSE 200 Total Return Index which was launched on 01 Jan 2013 and has given trailing returns of 53.82% in the last year, and 23.81% in the last 3 years (as of 30th April 2021). Key information Minimum InvestmentINR 500Minimum SIP InvestmentINR 500Exit LoadNo charges on withdrawalReturn Since Inception (01 Jan 2013):184.14% (as of 30th April 2021)AssetsINR 169.44 Crore (as of 30th April 2021)Expense Ratio1.26% (as of 31st March 2021) 9. HSBC Overnight Fund Direct-Growth (Category – Debt: Overnight) The scheme seeks to offer reasonable returns commensurate with low risk and a high degree of liquidity through investments in overnight securities. HSBC Overnight Fund Direct-Growth, with a NAV of 1078.9044 (Direct-Growth) (as of 30th April 2021). This open-end fund has the benchmark CRISIL Overnight Index which was launched on 22 May 2019 and has given trailing returns of 3.13% in the last year (as of 30th April 2021). Key information Minimum InvestmentINR 500Minimum SIP InvestmentINR 500Exit LoadNo charges on withdrawalReturn Since Inception (22 May 2019):7.87% (as of 30th April 2021)AssetsINR 354.48 Crore (as of 30th April 2021)Expense Ratio0.11% (as of 31st March 2021) 10. HSBC Low Duration Fund Direct-Growth (Category – Debt: Low Duration) The scheme seeks to provide liquidity and reasonable returns by investing primarily in a mix of debt and money market instruments such that the Macaulay duration of the portfolio is between 6 months to 12 months. HSBC Low Duration Fund Direct-Growth, with a NAV of 17.3003 (as of 30th April 2021). This open-end fund has the benchmark CRISIL Low Duration Debt Index which was launched on 01 Jan 2013 and has given trailing returns of 3.85% in the last year, and 8.94% in the last 3 years (as of 30th April 2021). Key information Minimum InvestmentINR 1000Minimum SIP InvestmentINR 1000Exit LoadNo charges on withdrawalReturn Since Inception (01 Jan 2013):66.75% (as of 30th April 2021)AssetsINR 114.54 Crore (as of 30th April 2021)Expense Ratio0.20% (as of 31st March 2021)(As of 30/04/2021) How can you invest in HSBC Mutual via EduFund? It is a simple, convenient, and easy process through HSBC mutual fund login using EduFund to invest in some of the most profitable HSBC Mutual Fund Schemes, which involves a hassle-free process. You can invest in HSBC Mutual Funds by following the below steps: Step 1 - The investor can visit any of the local branches of HSBC Mutual Funds or visit the official website or log in using EduFund. Step 2 - He should then download or collect the application form from the designated centers and duly fill it out, attaching relevant documents. Step 3 - The investor further needs to make a payment by submitting a cheque or demand draft, or he can make an online payment towards the fund. Step 4 - If the investor is investing in HSBC Cash Fund or HSBC Ultra Short Term Bond Fund, he must submit the cheque encoded with MICR. Step 5 - The minimum amount needs to be paid along with the application, as mentioned in the scheme document. Step 6 - The application form needs to be submitted along with the relevant documents (downloaded in case of online purchase of mutual funds) Step 7 - In case of online submission, the investor needs to upload an e-copy of the cheque on the website. The application will be rejected if any discrepancies are found in any of the steps mentioned above. A Folio Number, along with a PIN will be generated, after which the investors can redeem, purchase, or modify schemes on the official website or through EduFund. Documents required for HSBC Mutual Funds Application form KYC details Bank Details Cheque/demand draft or online payment is drawn in the name of the respective scheme. Bank details e-copy of the cheque Using the HSBC Mutual Fund Calculator  Investments in HSBC Mutual Funds are made to meet long-term goals like Retirement, Children's Education or marriage, buying a house, etc. HSBC 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 HSBC Mutual Fund Calculator, the investor needs to input data like age, current income, expected rate of returns, etc. Leading fund managers at HSBC Mutual Fund  The HSBC Mutual Fund Investment experts provide professional assistance within the Finance Sector with appropriate qualifications and knowledge of investment. Some of the most diligent and renowned Fund Managers at HSBC Mutual Fund are: 1. Mr. Neelotpal Sahai He is a fund manager at HSBC AMC and has experience of more than 15 years in the financial market. He is currently the head of equities helping in an array of Equity Funds. He has done his PGDM from IIM and is a B.Tech from IT BHU. 2. Mr. Sanjay Shah He is the head of fixed income at HSBC AMC and has experience of more than 20 years in the financial market. He started his career as the Chief Manager at SBI Mutual Funds. He is an alumnus of IIM Ahmedabad. 3. Mr. Kapil Punjabi He is the Vice President & Fund Manager for Fixed Income at HSBC AMC with more than 13 years of experience. He has also worked with Edelweiss Mutual Fund, Taurus Mutual Fund, and Transmarket Group in India. He has expertise in technical knowledge and market understanding. 4. Mr. Tushar Pradhan He is the CIO at HSBC AMC and is an expert in Investment Management, Portfolio Management, Equity Research, and Multi-Asset Management. He has done his MBA in Finance from the University of Hartford. He has experience working with HDFC Limited as a Manager of Treasury. 5. Ms. Anitha Rangan. She is the Vice President and Credit Analyst of Fixed Incomes at HSBC Asset Management (India) Pvt. Ltd. He has more than 12 years of experience and has worked with giants like Nomura, Lehman Brothers, and Crisil. Anitha is apt at performing deep economic analysis on the local bond markets to arrive at the best portfolio deductions. Other popular Fund managers at HSBC AMC The following are some other fund managers for HSBC Mutual Funds: Mr. Dhiraj Sachdev Mr. Piyush Harlalka Mr. Amaresh Mishra Mr. Aditya Khemani Mr. Gautam Bhupal Mr. Aditya Khemani Why should you invest in HSBC Mutual Fund? HSBC Mutual funds come with several features and benefits in the world of investment, and the following are the reasons why an individual should invest in HSBC Mutual Funds using EduFund: They aim at providing customized investment solutions and offer expert advice on investments to investors. They aim at building lasting relationships and developing new market strategies offering transparency through media. They are strongly backed by the HSBC Group encompassing a global investment potential. They have an efficient management team, its in-house sponsor, HSBC Securities, and Capital Markets India Pvt. Ltd offers a piece of complete information about the annual financial results and has a myriad of products catering to every investor. Select EduFund for investing in HSBC Mutual Fund EduFund makes the process of investing in HSBC 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 of the top HSBC Mutual Fund schemes to invest in? Here are some of the top-performing HSBC Mutual Funds that you can explore - HSBC Large Cap Equity Fund Direct-Growth (Category – Equity: Large Cap), HSBC Flexi Debt Fund Direct-Growth (Category – Debt: Dynamic Bond), HSBC Regular Savings Fund Direct-Growth (Category – Hybrid: Conservative Hybrid), etc. What documents are required to invest in HSBC Mutual Funds? The documents you must be able to produce for investing in HSBC Mutual Funds are - An application form, KYC details, Bank Details, a cheque/demand draft, or online payment is drawn in the name of the respective scheme, bank details, and e-copy of the cheque. TALK TO AN EXPERT

SBI Mutual Fund was set up on June 29, 1987, and was incorporated on February 7, 1992. It is the first non-UTI Mutual Fund - a joint venture between the largest bank of India - State Bank of India and the leading global asset management company in France – AMUNDI. The SBI Mutual Fund Trustee Company Private Limited that regulates the SBI Mutual Fund was set up as a trust under the Trust Act of 1882.   SBI Mutual Fund (SBIMF) offers various solution-oriented financial goals in the form of child education, planning of retirement, etc. Besides long-term investments, SBIMF caters to a myriad of other investment criteria like ETFs, equity schemes, Index Funds, hybrid plans, debt plans, and much more. SBI AMC became the biggest AMC AUM wise in January from the 3rd position. As of July 2020,  SBI mutual fund house manages average assets worth Rs. 3,64,916 crores. The biggest and the best equity schemes of SBI Mutual Fund are SBI ETF Nifty 50 (with assets worth Rs. 67,765 crores) and SBI ETF Sensex ((with assets worth Rs. 26,642 crores). The third biggest fund of the AMC is SBI Bluechip, which is their large-cap fund. The scheme has an AUM of Rs. 20,783 crores as of July 2020. As of 31-Mar-2021, the Corpus under management is Rs. 505373.4637 crores and the number of SBI Mutual Fund schemes is 322. In 20 years of operation, the mutual fund has rewarded its investors beneficially with consistent returns. It has launched 38 schemes and successfully redeemed 15 of them. A total of over 5.8 million investors have invested their faith in the fund and its schemes are consistently outperforming benchmark indices. The Fund manages with over Rs. 42,100 crores of assets reaching out to a vast family of investors through a network of over 130 points of acceptance, 59 investor service desks, 29 investor service centers, and 6 Investor Service Points. SBI Mutual Fund is one of the most revered and trusted AMC - asset management companies, with a consistent track record, in India for the last three decades. Its diligent team of experts and professionals provides the most prudent advice on research, risk management, and stock selection. Important Information About SBI Mutual Fund TrusteeSBI Mutual Fund Trustee Company Private LimitedMD and CEOMrs Anuradha RaoCIOMr Navneet MunotCompliance OfficerMs Vinaya DatarSBIMF Acceptance centers in India222Number of Investors (approx.)5.8 million investorsDeals in Assets worthRs. 373000 croresRecognitionSBIMF is the first to launch a ‘Contra’ fund, called the SBI Contra Fund.SBI Mutual Fund is the first in India to launch an Environment, Social, and Governance - ESG Fund that acts as a sustainable investment.        In 2015, for the first time, the EPF department - Employees’ Provident Fund of India trusted SBIMF Sensex ETFs (Exchange Traded Funds) with Rs. 5,000 Crore.Address9th Floor, Crescenzo, C-38 and 39, G, Block Bandra - Kurla Complex, Mumbai, Maharashtra - 400051.Telephone NumberSBI mutual fund customer care number and SBI mutual fund toll-free number - 1800 209 3333, 1800 425 5425, 91-22-62511600 (from outside India)Email Idcustomer.delight@sbimf.comSMSSBI mutual fund helpline number - 'SBIMF' to 7065611100WhatsApp service of SBIMFThe applicant needs to save the SBI mutual fund WhatsApp number 7208017353 on his contact list and just send a ‘Hi’ to the Distributor from the relevant mobile number that is linked to his Investment number to resolve queries on a real-time basis. Ten Top-Performing SBI Mutual Fund Schemes Some of the best SBI Mutual Fund Schemes are available on EduFund, and after thorough research on the available plans of investment, the applicant can make the right choice of where and how he wants to put his hard-earned capital on. 1. SBI Magnum Mid Cap Fund (Category - Equity - Mid Cap fund) This open-ended fund has a NAV of ₹106.498 (Growth) (as of 23rd April 2021) and is one of the top-performing funds in the 'Equity: Mid Cap category. The fund was launched on 29th March 2005 and has given trailing returns of 30.4% in one year (as of 2020). Key Information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load0-1 Years (1%),1 Year and above (NIL).Return Since Inception (29th March 2005):15.9% (as of 23rd April 2021)AssetsINR 4887 Crore (as of 31st March 2021)Expense Ratio2.17% (as on 31st March 2021) 2. SBI Contra Fund (Category - Equity - Contra fund) Its aim is to provide the investors maximum growth opportunity through equity investments in stocks of growth-oriented sectors of the economy.  It is a fund with Moderately High Risk that has a NAV of Rs. 150.287 (Growth) (as of 23rd April 2021), and is one of the top-performing funds in the 'Equity: Contra category. The fund was launched on 6th May 2005 and has given trailing returns of 30.6% in one year (as of 2020). Key Information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load0-1 Years (1%),1 Year and above (NIL).Return Since Inception (6th May 2005)14.9% (as of 23rd April 2021)AssetsINR 1856 Crore (as of 31st March 2021)Expense Ratio2.29% (as of 31st March 2021) 3. SBI Technology Opportunities Fund (Erstwhile SBI IT Fund - Equity - Sectoral fund) Its aim is to provide the investors maximum growth opportunity through equity investments in stocks of growth-oriented sectors of the economy. It is a fund with High Risk and is ranked 42 in the Sectoral category that has a NAV of Rs. 108.207 (Growth) (as of 23rd April 2021), and is one of the top-performing funds in the 'Equity: Sectoral category. The fund was launched on 9th Jan 2013 and has given trailing returns of 47.3% in one year (as of 2020). Key Information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load0-15 Days (0.5%),15 Days and above (NIL).Return Since Inception (9th Jan 2013)20.6% (as of 23rd April 2021)AssetsINR 595 Crore (as of 31st March 2021)Expense Ratio2.62% (as of 31st March 2021) 4. SBI Magnum COMMA Fund (Category - Equity - Sectoral fund) Its aim is to generate opportunities for growth along with the possibility of consistent returns by investing predominantly in a portfolio of stocks of companies engaged in the commodity business within the following sectors - Oil & Gas, Metals, Materials & Agriculture, and in debt & money market instruments. It is a fund with High Risk and is ranked 9 in the Sectoral category that has a NAV of Rs. 56.2233 (as of 23rd April 2021). The fund was launched on 8th August 2005 and has given trailing returns of 23.9% in one year (as of 2020). Key Information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load0-1 Years (1%),1 Year and above (NIL).Return Since Inception (8th August 2005):11.6% (as of 23rd April 2021)AssetsINR 320 Crore (as of 31st March 2021)Expense Ratio2.6% (as of 31st March 2021) 5. SBI Small Cap Fund (Category - Equity – Small Cap fund) The Scheme seeks to generate income and long-term capital appreciation by investing in a diversified portfolio predominantly equity and equity-related securities of small & midcap companies. It is a fund with Moderately High Risk and is ranked 4 in the small-cap category that has a NAV of Rs. 80.1244 (as of 23rd April 2021). The fund was launched on 9th Sep 2009 and has given trailing returns of 33.6% in one year (as of 2020). Key Information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load0-1 Years (1%),1 Year and above (NIL).Return Since Inception (9th Sep 2009):19.6% (as of 23rd April 2021)AssetsINR 7570 Crore (as of 31st March 2021)Expense Ratio2.29% (as of 31st March 2021) 6. SBI Large and Midcap Fund (Category - Equity – Large & Mid Cap fund) Its aim is to provide investors long-term capital appreciation/dividend along with the liquidity of an open-ended scheme. It is a fund with Moderately High Risk and is ranked 20 in the large and mid-cap category that has a NAV of Rs. 284.904 (as of 23rd April 2021). The fund was launched on 25th May 2005 and has given trailing returns of 15.8% in one year (as of 2020). Key Information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load0-12 Months (1%),12 Months and above (NIL)Return Since Inception (25th May 2005):17% (as of 23rd April 2021)AssetsINR 3629 Crore (as of 31st March 2021)Expense Ratio2.21% (as of 31st March 2021) 7. SBI Bluechip Fund (Category - Equity - Large Cap fund) Its aim is to provide investors with opportunities for long-term growth in capital through active management of investments in a diversified basket of equity stocks of companies whose market capitalization is at least equal to or more than the least market capitalized stock of the S&P BSE 100 Index. It is a fund with Moderately High Risk and is ranked 9 in the Large Cap category that has a NAV of Rs. 50.5466 (as of 23rd April 2021). The fund was launched on 14th Feb 2006 and has given trailing returns of 16.3% in one year (as of 2020). Key Information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load0-1 Years (1%),1 Year and above (NIL)Return Since Inception (14th Feb 2006):11.3% (as of 23rd April 2021)AssetsINR 26838 Crore (as of 31st March 2021)Expense Ratio1.84% (as of 31st March 2021) 8. SBI Banking and Financial Services Fund (Category - Equity - Sectoral fund) The investment objective of the scheme is to generate long-term capital appreciation to unit holders from a portfolio that is invested predominantly in equity and equity-related securities of companies engaged in banking and financial services. However, there can be no assurance that the investment objective of the Scheme will be realized. It is a fund with High Risk that has a NAV of Rs. 21.7274 (as of 23rd April 2021). The fund was launched on 26th Feb 2015 and has given trailing returns of 4.8% in one year (as of 2020). Key Information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load0-12 Months (1%),12 Months and above (NIL)Return Since Inception (26th Feb 2015):13.4% (as of 23rd April 2021)AssetsINR 2371 Crore (as of 31st March 2021)Expense Ratio2.44% (as of 31st March 2021) 9. SBI Magnum Tax Gain Fund (Category - Equity - ELSS fund) To deliver the benefit of investment in a portfolio of equity shares, while offering deduction on such investment made in the scheme under section 80C of the Income-tax Act, 1961. It also seeks to distribute income periodically depending on distributable surplus. Investments in this scheme would be subject to a statutory lock-in of 3 years from the date of allotment to avail Section 80C benefits. It is a fund with Moderately High Risk and is ranked 31 in the ELSS Category that has a NAV of Rs. 179.609 (as of 23rd April 2021). The fund was launched on 7th May 2007 and has given trailing returns of 18.9% in one year (as of 2020). Key Information Minimum InvestmentINR 5,00Minimum SIP InvestmentINR 500Minimum Withdrawal-Exit LoadNILReturn Since Inception (7th May 2007):10.4% (as of 23rd April 2021)AssetsINR 9258 Crore (as of 31st March 2021)Expense Ratio2.22% (as of 31st March 2021) 10. SBI Nifty Index Fund (Category – Others - Index fund) The scheme will adopt a passive investment strategy. The scheme will invest in stocks comprising the Nifty 50 Index in the same proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of the Nifty 50 Index by minimizing the performance difference between the benchmark index and the scheme. The Total Returns Index is an index that reflects the returns on the index from index gain/loss plus dividend payments by the constituent stocks. This open-ended fund has a NAV of ₹122.988 (as of 23rd April 2021) and is ranked 75 in Index Fund Category. It comes with a Moderately High risk. The fund was launched on 17th Jan 2002 and has given trailing returns of 14.6% in one year (as of 2020). Key Information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load0-15 Days (0.2%),15 Days and above (NIL).Return Since Inception (17th Jan 2002):11.1% (as of 23rd April 2021)AssetsINR 1032 Crore (as of 31st March 2021)Expense Ratio0.68% (as of 31st March 2021) The Best Performing SBI Tax Saving Mutual Fund SBI Tax Saving Mutual Funds provide dual benefits to its investors – one in the form of capital appreciation through equity investments and the other through income tax savings under section 80C. There is a mandatory lock-in period of three years and has the potential for higher returns. The minimum investment is Rs. 500. These are Multi-cap Equity funds with a diversified portfolio. How can you invest in SBI Mutual Fund via EduFund? It is a simple, convenient, and easy process through EduFund to invest in some of the most profitable SBI Mutual Fund Schemes, which involves a hassle-free process. Let us look at the details of the process: Step 1: The first step is to log in using your SBI mutual fund login Id or your EduFund account. The applicant can also download and install the SBI mutual fund app to start investing. If the applicant does not own an account, he would need to create a username password by registering on to the portal. Step 2: The second step is for the applicant to scan and upload identification documents and proofs like Aadhar Card, PAN Card, Passport, Driving License, Voter ID Card or any other ID that is issued by the Central or State Government. Step 3: Further, the applicant must upload his address proof using any legal document that carries the permanent address of the investor. This proof again could be an Aadhar Card, Passport, Bank statement, rent agreement, Phone or Gas Bill, etc. Step 4: Next, he should identify the duration of investment he is interested in and apply it accordingly on the portal. Step 5: After the tenure, the risk undertaking should be determined, whether the applicant wants to opt for low, medium, or high-risk investment. Step 6: As per the choice and market feedback, he can opt for the best SBI Mutual Fund, which is most suitable to his individual choice and criteria. Step 7: The individual has the option to go for a one-time investment or installment. If he wishes to pay the investment amount in a lump sum, he should select the “Invest One Time” button else can click on the “Start SIP” to enable investment which allows monthly/quarterly/bi-annual or annual payments. EduFund is a renowned portal that is 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. Using the SBI Mutual Fund Calculator  The mutual fund calculator SBI helps you estimate the returns which can be expected from the invested capital. The exact amount cannot be guaranteed, but an estimated amount can be calculated using the SBI mutual fund calculator for both Lumpsum and SBI mutual fund SIP payments and to get an appropriate view of the SBI mutual fund statement. Leading Fund Managers at SBI Mutual Fund  The SBI Mutual Fund Investment team is well-equipped with stalwarts of the Finance Sector who have professional experience, qualifications, and knowledge of investment. Some of the leading Fund Managers at SBI Mutual Fund are: 1. Navneet Munot  Executive Director & Chief Investment Officer Mr Munot was the Chief Investment Officer in 2008 when he joined SBI Fund House. Currently, he is the Executive Director and Chief Investment Officer, taking care of investments of more than USD 54 billion. He is a veteran with experience of working with Giants as the former Chief Investment Officer of Birla Sun Life Mutual Funds and as the Executive Director and the Head of the Multi-Strategy Boutique at Morgan Stanley Investment Management. He has given 25 years to the Finance Sector and is a Chartered Accountant and a Charter Holder of the CAIA and CFA Institute. His expertise lies in various sectors of investment, like fixed income, foreign exchange, and hybrid funds. He is an asset to SBI Mutual Funds 2. Ashwani Bhatia  Deputy Managing Director of the SBI, MD & CEO of SBI Mutual Funds  Mr Bhatia started his career at the entry-level as a Probationary Officer in 1985 with the State Bank of India. Currently, he is the Deputy Managing Director of the SBI, and since July 2018, he is on loan to the SBI Mutual Funds Management Board. He is also the MD and CEO of SBI Mutual Funds. Before Corporate Credit Structures were revamped, he was also the Chief General Manager of SBI and was also appointed as the Chief General Manager of the Small and Medium Enterprises - at the bank for several years. He has spent a lifetime in the field of Banking and has commendable experience in International Banking, retail, and credit and treasury. 3. Anup Upadhyay Head of Research at SBI MF Upadhyay started his career in SBI MF as an Equity Analyst and presently he is the Head of Research at SBI MF and the Fund Manager for Equity Opportunity Fund and SBI IT Fund for the IT Service Industry. He is a pass-out of IIT Kharagpur with an additional Post-Graduation Diploma in Management from IIM Lucknow. He has also been a student of the CFA Institute of the USA, where he is a Charter holder. His expertise lies in the area of Media, Telecom, and Capital Good Stocks too. 4. Nicholas Simon Deputy CEO of SBI Life Insurance and the SBI MF Group since 2015 Mr Simon was deputed from the Amundi Group of France, which holds a significant share in the controlling company. Mr Simon has served as the CAAM for Real Estate and CEO of Real Estate from 2006-2015. He represents the interests of the Amundi Group on the Board. He was the Head of Property at Henderson Real Estate in France from 2003-2005 and before that Mr Simon was the CEO of Generali Real Estate from 1996-2002. He has done his Master of Business Management from the Toulouse School of Business and completed his Post Graduation in Law from the Pantheon-Assas University in Paris. He has a recognized exposure to International Banking and vast experience in controlling inflation, market trends, and beating the competition. 5. S. Srinivas Jain   Head of Equity  With an experience of 25 years in the equity market, Mr Srinivasan joined SBI Mutual Funds as a Fund Manager and later became the Head of equity. He has had exposure in the equity market for as long as 25 years. Mr Jain has worked with SBI for almost 20 years, with an overall experience in Financial services for more than 30 years. He is currently appointed as the Executive Director and Chief Marketing Officer of Strategy and International Business at SBI Mutual Funds. He has a background in Cost Accountancy and holds a degree in Graduation in Commerce from Bangalore University. He has a varied experience of working for leading Financial Companies like Motilal Oswal, Indosuez WI Carr, Principal PNB, Oppenheimer & Co. (Blackstone), and Future Capital Holding, managing the funds of SBI Mutual fund directly under him.  Other well-known Fund Managers at SBI Mutual Fund - Mr Sanjeev Patkar Mr Nicholas Simon Mr Rajeev Radhakrishnan Mr D.P. Singh Mr Rahul Mayor Ms Aparna Nirgude Why Should You Invest in SBI Mutual Fund? To invest Online in SBI Mutual Funds, one can choose EduFund to safely put away his money in SBI mutual fund online, which charges no fees or hidden charges. It further helps investors to explore funds and options, gives them a varied outlook on the risk and tenure associated with each investment, provides all-out solutions for investors and clears misconceptions and doubts regarding a return, risk, and consistency before the individual invests his hard-earned money into it. The Funds option within the portal displays the return percentage and the current NAV. Besides that, before investing, a person can filter options like risk rating, value research, consistency, and size of the fund. He can also opt for investing in a lump sum amount or installments. Select EduFund For Investing in SBI Mutual Fund EduFund makes the process of investing in HDFC 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 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, EduFund 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 fulfil your children's educational goals. Download the EduFund app now to start saving for a bright future. 

Your dorm room is your home away from home. It is also the first space you get that is entirely your own, away from your parents and family. When you study abroad, your dorm room gives you both safety and independence. But dorms can also be pretty cold and dull in their sameness and minimalism. The furniture is usually sparse and utilitarian and space is constrained. This can make your room feel alienating and depressing - if you are wondering how to decorate your dorm room on a budget. So how do you primp up your dorm room on a college student’s budget? Well, lucky for you, we have some smart ways to glam up your room! 1. Check second-hand goods marketplaces The first thing you should do when looking for items to decorate your dorm room is check for second-hand goods. You can usually find these online on sites like eBay. You can also visit a nearby flea market or thrift store for cheap, second-hand decor items. Additionally, living on a college campus means you will always find graduating students who are moving out and selling their possessions. Keep an eye out on social media pages and online groups and forums associated with your college for such advertisements.  Second-hand goods are a good place to start for decor. They are cheap and usually not fancy enough for you to form an attachment. Remember that as a college student, especially when you study abroad, you will be moving around a lot. You may change dorm rooms several times, you may also move out of student housing altogether. Therefore, it does not make sense to buy expensive or delicate items that can get lost or broken during moves. 2. Start Crafting! If you have an artistic flair, there has been no better time to use it. Hand-crafted decor pieces not only make your room come to life but also give it a cozy, homey feel. Handmade pieces also give a unique and personalized touch to your room that mass-produced, manufactured decor lacks.  Crafting items for your room can also be a fun project that you can use as a bonding exercise. It can help you have some fun and connect with your new roommates and friends. You can also undertake some crafting projects at home before you come to college and have some bonding time with family and friends. Studying abroad can be hard on your family and friends back home. This can give you some time to connect with them before you leave. Your hand-crafted decor does not have to be too fancy or complicated. Upcycle common items like glass bottles and gift boxes into vases, lamps, or storage boxes. You can easily find DIY decor tutorials on YouTube and Pinterest. Making decor using upcycled items is not only cost-effective, but it is also eco-friendly and sustainable. 3. Bring a touch of home If you study abroad, you may want to bring a touch of home with you to your college dorm. This can be as simple as photographs, polaroids, and postcards from back home. You can also ask your parents to help you pick out some items from in and around your home that you may have some special connection with. Studying abroad can become quite lonely and alienating at times. You find yourself in a foreign country with an entirely different culture, entirely different people, lifestyles, etc. Nothing is the same and it can be difficult to fit in at first. Having items, photographs and other memories from back home can help temper the culture shock a little. These items can help ground you and make you feel less lonely and disconnected. Having a connection to home is always a reassuring thing when you study abroad. 4. Invest in bed linens Dorm rooms are often quite tiny. There isn’t a lot of space for too many decor items or knick-knacks. Usually, your bed is the largest and most significant piece of furniture in your room. It makes sense then, that you should focus primarily on the one item that takes up the most space in your room.  Invest in bed linen that is both attractive as well as practical. Being able to get a good night’s sleep is very important for a college student on a tight stressful schedule. Your bed will inevitably become not only your sleeping space but also your chilling-out space and, sometimes even your workspace. So, getting comfortable and pretty bed linens and throw pillows not only helps you feel more comfortable, it makes you feel better. 5. Get Houseplants Houseplants are a great, cost-effective way of adding freshness and greenery to your room. You don’t need to buy a lot of houseplants or planters at once. You can always buy a few easy-to-take cares of plants initially and propagate new ones from them once they have grown a bit. Houseplants are not just decor items, they are also useful in teaching you a sense of responsibility. A plant is a living, breathing organism that needs care and attention to thrive. Taking care of a plant involves being constantly aware of its every need. You need to make sure it is getting enough sunlight to grow but not burn. You also need to make sure you are watering it properly and adding fertilizers and nutrients to the soil when necessary.  When you go to study abroad, you start learning how to take care of yourself, doing your own chores, errands, and budgeting. Getting a plant can teach you how to be responsible and take care of someone other than yourself.  Houseplants are a wonderfully fresh addition to your room, providing both green beauty and fresh oxygen. They also help you become a better, more responsible human being. Conclusion Moving into your first dorm room is an exciting time. You have a whole new canvas and a whole new space to make your own. There is no reason to not take full advantage of this opportunity to unleash your creative power. Decorating your new dorm room lets you express your individuality and taste which can be a thrilling new experience for a young adult.  There is no reason, however, for this experience to be a solitary one. In fact, you should make every effort possible to turn this into an opportunity for bonding and creating memories with friends - new and old. This not only makes decorating your room a more fulfilling venture, but it also helps you build connections that make studying abroad worth it! FAQs What are some necessary and affordable things I need in my dorm room? Some of the necessary things you need in your dorm room and can find on a budget include bedding, a microwave, a mini fridge, cleaning supplies, removable hooks or shelves, etc. How can I make my dorm room look nice on a budget? There are many affordable ways for a student to decorate their dorm room. You can try your hands on DIY crafts and turn a basic rope or pot into an eye-catching decorative piece. You can also create a photo wall and add plants, fairy lights, etc. Would adding plants help me decorate my dorm room on a budget? Yes, plants have the tendency to light up and brighten the mood of any space. You can find plants at very affordable prices and lighten up your dorm room in minutes.

If you are a young college student, newly 18, it is time for you to get your own bank account. A bank account is not just a place to safely stash your money. More importantly, it enables you to make smooth and safe money transfers and transactions. You also have the opportunity to earn interest and thereby compound your savings or investments. As a young adult, you will be learning the basics of financial independence and responsibility. Your own bank account can be your first step towards that goal.  Let's start with the big question. Why should you get your own first bank account? 1. Financial Independence The foremost benefit of having a bank account is that it is the first step towards financial independence. As a teenager, your parents probably monitored and supervised all your financial transactions and purchases. Having your own bank account gives you a lot more discretion and agency over where and how to spend your money. Having this agency is crucial to your learning financial responsibility. Learning to make your own financial decisions and when to say yes or no to purchase is an important life skill. Being in control of your own bank account teaches you this.  2. Security A bank account is the most secure way of keeping and handling your money. Unlike cash transactions, bank transactions are secure and often even reversible. This is because banks take extra steps to ensure that the money is being sent to the right person. You also maintain a paper trail with these transactions. If you fear you have been a victim of fraud, you can even contact your bank to cancel a cheque or transaction. This lowers the risk of you becoming a victim of fraud or losing your money. 2. Receiving payments & scholarships when you study abroad If you study abroad with a scholarship, you will most likely need an independent bank account. To receive these scholarships, stipends, or payments from any part-time jobs you undertake, a bank account is necessary. Having your own bank account means that these payments will come to you directly. Without your own bank account, these monies would have to be routed through a parent or guardian’s account. A major reason why students take the step of studying abroad is to learn independence. An independent bank account is part of this. As a young adult, it is important to be able to feel in control of yourself. Surely, the financial agency in this regard is important.   What kind of bank account do you need? 1. Savings Account There are many types of bank accounts but for most personal banking requirements, a savings account is the most appropriate. A savings account is the most common kind of bank account opened by individuals for personal banking purposes.  There is no upper limit or cap to the amount of money that can be held in a savings account although the number of transactions may have some cap. While most banks require people with savings accounts to maintain some mandatory minimum balance, this requirement is waived for accounts opened under the Pradhan Mantri Jan Dhan Yojana. Fortunately, accounts opened under this welfare scheme have a limit on the value of deposits made and the number of withdrawals, including ATM withdrawals, which are capped at 4 per month. Image by Expect Best on Pexels 2. NRI Account If you study abroad or plan on taking admitted in a foreign university, an NRI account may be a better option for you. These bank accounts are for Indian citizens or Persons of Indian Origin (PIO) residing overseas. These accounts provide benefits in terms of currency conversion, transferability of deposits, taxes, etc. There are three main types of NRI accounts: Non-Resident External (NRE) Accounts: NRE Accounts hold funds in Indian Rupees (INR). This means these accounts can be used to deposit funds in other currencies which get converted into INR. These accounts can be used as savings accounts for income earned abroad as no tax is levied on the interest generated by these accounts.  Non-Resident Ordinary (NRO) Accounts: These accounts can be used to deposit funds in both INR and foreign currencies. If you already have an ordinary resident bank account, you can convert it to an NRO account when you move to study abroad. These accounts can also be used to send money from India to overseas. Interest earned on income in an NRO account is liable for TDS (Tax Deducted at Source). This type of account may be the most appropriate first bank account for you if you plan on going to study abroad.  Foreign Currency Non-Resident (FCNR) Accounts - FCNR Accounts can be opened and maintained in a foreign currency approved by the RBI, including US Dollars, Australian Dollars, Sterling Pound, Euro, etc. These accounts can be used to maintain long-term deposits. The interest earned on deposits in FCRN Accounts is non-taxable. What are the documents needed for your first bank account? The two documents that are mandatory to open a bank account in India are an Aadhar card and a PAN card. Aadhar is the foremost single valid proof of address and identity for Indian citizens. A PAN is a 10-digit unique alphanumeric number used by the Income Tax Department of India to track transactions and payments for tax purposes. These are both needed for KYC requirements. If you don’t have either of these documents, you need to apply for them first. You can apply for an Aadhar online through the UIDAI website and for your PAN through the NSDL website.  If you have your Aadhar and PAN cards, you can either apply for a bank account online or by visiting your nearest branch. You will need to fill out the appropriate forms and submit copies of your Aadhar and PAN cards along with two photographs. Depending on the bank other documents may be required and you should check the bank website or call ahead to confirm.  Conclusion Once you have submitted the appropriate forms and documentation for KYC, the bank should take a day or two to verify your details or reach out for any clarifications or errors. Once your documents are verified and your account is validated, you can receive your Bank Passbook, Cheque Book, and Debit Card from your bank. Your bank will give you a PIN for your debit card which you will be expected to change by selecting a new one through an ATM of the same bank. It is also a good idea to request internet banking facilities be made available to you, especially if you plan on going to study abroad. You may have to fill out a separate form for this.  With this done, congratulations! You now have your own first bank account! Your first bank account is one of the many first steps you will take as you enter adulthood. FAQs Can a minor open their own bank account in India? Minors in India can open joint bank accounts with their parent or guardian. Some banks like SBI also has provision to allow children over 10 years of age to open a bank account in their sole name. Can a 15-year-old get an ATM in India? Depending on the banks, financial companies or credit unions, minors in India can avail themselves of debit card services. For this, their legal guardians or parents can open a joint checking account with them. What is a zero-balance account? Many banks allow minors to open a bank account without depositing any money. These accounts are called zero-balance bank accounts. Consult an expert advisor to get the right plan TALK TO AN EXPERT

College can be expensive, especially when you are studying overseas. The education fund investment and planning your parents undertook for you should be enough to cover your tuition and housing. However, a side hustle can help you earn some extra disposable income to offset an overstretched budget. Here are some side hustle ideas for college students across the globe! Easy side hustle ideas for college students A side hustle is basically a part-time job that you can do in your free time when you are not engaged in classes or coursework. You need to pick a job that is easy, requires skills you already possess, and fits into your schedule as a college student. 1. Freelancing Freelancing can be an easy and flexible side hustle for college students. Freelancing involves offering your skills or services for hire on a contract or project-to-project basis. Depending on your skill set you can freelance as an artist, a writer, a programmer or developer, or a translator. Freelancer marketplaces and platforms like Fiverr and Upwork let you take up projects and clients on a flexible schedule which is perfect for students. Additionally, freelance work can be done remotely and you do not need to go to an office. This is great for students who study abroad and may not have a car or a license. 2. Tutoring Tutoring is a great option for you if you like working with kids or teaching. You can offer personalized tutoring services for high school students, especially students who are starting to apply to colleges. These students can benefit from your experience with college applications and admissions. You can offer them both education and mentorship.  If you are studying abroad and worried about not being able to connect with non-Indian students, or if you do not have a car to move around, you can offer to tutor online. Holding online classes saves you time and enables you to offer your services to a much larger potential demographic. 3. Sell hand-made crafts & products If you are creatively inclined and skilled in arts and crafts, you could make some money selling your work online. Products like hand-made candles, soap, decor, and knickknacks sell really well on marketplaces like Etsy and through social media. You can start by starting an Instagram or Facebook page advertising your products to students on your campus. After that, you can expand your little business on other platforms.  Keep in mind that your college may have rules or guidelines in place if you are starting your business from your dorm room. If you are making products like soap, that involve harmful chemicals, you may have to get special permission and take appropriate precautions. 4. Get a retail job Retail jobs are jobs that involve selling products or dealing with customers or inventory in a retail store. These jobs have been traditionally popular with students who go to study abroad. You can work as a sales representative, as a stockist, or as a cashier.  These jobs may seem like they are trivial or unsubstantial, but they teach you a lot of real-world skills that you can later bring to the job market when you graduate. They teach you the basics of sales, inventory, accounting, and customer management. They also give you the experience of working in a real workplace environment with co-workers, managers, and bosses. Retail jobs can be a real learning experience. 5. Get a restaurant job Jobs working in a cafe, restaurant, or coffee shop are also popular with college students who study abroad. In fact, you may not even have to go off-campus for one of these jobs. Usually, cafes and coffee shops on college campuses have barista, wait staff or line-cook jobs available for students.  The benefit of restaurant jobs, especially if you are a server or wait staff is that you can earn money on top of your salary through tips. This makes these jobs quite lucrative. Like retail jobs, restaurant jobs can also teach you valuable skills like customer management, order management, and accounting.  6. Food delivery service If you have a vehicle, like a car or even a bicycle, you may be able to work as a food delivery person. You can work with a restaurant directly or work through a food delivery service application. These jobs can pay well and, just like with writing, you can expect to rely on tips as well which can be lucrative. A downside of food delivery is that it can be time-consuming and involve a bit of travel. However, college campuses house hundreds of students and faculty who tend to order a lot of food. This means you may not even have to travel to far-flung areas to deliver your orders. Your location may be able to offset some of the downsides that are usually typical of food delivery gigs. 7. Library assistant If you are an international student with big study abroad dreams but not enough knowledge of the job market in a foreign country, you may like to work close to campus. Campus libraries are always looking for extra help with reshelving books and managing the lending software.  A library assistant job will keep you close to campus so you do not have to worry about traveling to and fro and missing classes. It can also be extremely rewarding, especially if you are a book lover. Being familiar with your college library will also be useful during exams and assignments. You may even be able to snag important and popular books before someone else issues them out! 8. Get paid for taking online surveys Marketing research companies are constantly looking for data on consumer behavior and preferences to improve their products and advertisements. These companies often pay people to take surveys for them so that they can sell this data to product designing and manufacturing companies and ad agencies. This is a good side hustle that does not even require you to leave your dorm room. You can squeeze in some questionnaires and short surveys in your free time and get paid for them! Conclusion Your parents have, no doubt, given you everything to the best of their ability, investing in education fund trusts and taking on education loans for your future. However, as you grow into adulthood, it is time for you to start learning to take responsibility for your own income. One of the things that make your decision to study abroad truly worth it is the independence and self-sufficiency it teaches you. A part-time job can teach you the hard work it takes to earn real money out in the world. Being on your own in a foreign country is a unique adventure that you should take full advantage of. A side hustle can be part of that adventure! FAQs How can a college student earn a side income? There are many ways for a student to earn a side income while studying. One can start tutoring, blogging, becoming an influencer on social media, getting an internship or a part-time job that aligns with their college schedule, and many more. What are some of the best college student-friendly side hustle ideas? Some of the best side hustle ideas for college students are - affiliate marketing, participating in paid online surveys, blogging, doing paid internships that are relevant to the subjects they're currently studying in college, etc. Is it important for students to have a side hustle? The answer varies from student to student. For some, it's a necessity as their families are unable to fully support them financially. For some, it's a way of transitioning toward financial freedom.

SBI Mutual Fund was set up on June 29, 1987, and was incorporated on February 7, 1992, and is the first non-UTI Mutual Fund which is a joint venture between the largest bank in India State Bank of India, and the leading global AMC – Asset Management Company in France – AMUNDI. The SBI Mutual Fund Trustee Company Private Limited which regulates the SBI Mutual Fund was set up as a trust under the Trust Act of 1882.   SBI Mutual Fund (SBIMF) offers various solution-oriented financial goals in the form of child education, planning of retirement, etc. Besides long-term investments, SBIMF caters to a myriad of other investment criteria like ETFs, equity schemes, Index Funds, hybrid plans, debt plans, and much more. SBI AMC became the biggest AMC AUM wise in January from the 3rd position. As of July 2020,  SBI mutual fund house manages average assets worth Rs. 3,64,916 crores. The biggest and the best equity schemes of SBI Mutual Fund are SBI ETF Nifty 50 (with assets worth Rs. 67,765 crores) and SBI ETF Sensex ((with assets worth Rs. 26,642 crores). The third biggest fund of the AMC is SBI Bluechip, which is their large-cap fund. The scheme has an AUM of Rs. 20,783 crores as of July 2020. As of 31-Mar-2021, the Corpus under management is Rs. 505373.4637 crores and the number of SBI Mutual Fund schemes is 322. In 20 years of operation, the mutual fund has rewarded its investors beneficially with consistent returns. It has launched 38 schemes and successfully redeemed 15 of them. A total of over 5.8 million investors have invested their faith in the fund and its schemes are consistently outperforming benchmark indices. The Fund manages over Rs. 42,100 crores of assets reaching out to a vast family of investors through a network of over 130 points of acceptance, 59 investor service desks, 29 investor service centers, and 6 Investor Service Points. SBI Mutual Fund is one of the most revered and trusted AMC - asset management companies, with a consistent track record, in India for the last three decades. Its diligent team of experts and professionals provides the most prudent advice on research, risk management, and stock selection. Important information about SBI Mutual Fund TrusteeSBI Mutual Fund Trustee Company Private LimitedMD and CEOMrs. Anuradha RaoCIOMr. Navneet MunotCompliance OfficerMs. Vinaya DatarSBIMF Acceptance centers in India222Number of Investors (approx.)5.8 million investorsDeals in Assets worthRs. 373000 croresRecognitionSBIMF is the first to launch a ‘Contra’ fund, called the SBI Contra Fund. SBI Mutual Fund is the first in India to launch an Environment, Social, and Governance - ESG Fund that acts as a sustainable investment. In 2015, for the first time, the EPF department - Employees’ Provident Fund of India trusted SBIMF Sensex ETFs (Exchange Traded Funds) with Rs. 5,000 CroreAddress9th Floor, Crescenzo, C-38 and 39, G, Block Bandra - Kurla Complex, Mumbai, Maharashtra - 400051.Telephone NumberSBI mutual fund customer care number and SBI mutual fund toll-free number - 1800 209 3333, 1800 425 5425, 91-22-62511600 (from outside India)Email idcustomer.delight@sbimf.comSMSSBI mutual fund helpline number - 'SBIMF' to 7065611100WhatsApp service of SBIMFThe applicant needs to save the SBI mutual fund WhatsApp number 7208017353 on his contact list and just send a ‘Hi’ to the Distributor from the relevant mobile number that is linked to his Investment number to resolve queries on a real-time basis. Top-performing SBI mutual fund schemes Some of the best SBI Mutual Fund Schemes are available on EduFund, and after thorough research on the available plans of investment, the applicant can make the right choice of where and how he wants to put his hard-earned capital. 1. SBI Magnum Mid Cap Fund (Category - Equity - Mid-Cap fund) This open-ended fund has a NAV of ₹106.498 (Growth) (as of 23rd April 2021) and is one of the top-performing funds in the 'Equity: Mid Cap category. The fund was launched on 29th March 2005 and has given trailing returns of 30.4% in one year (as of 2020). Key information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load0 -1 Year (1%),1 Year and above (NIL).Return Since Inception (29th March 2005):15.9% (as of 23rd April 2021)AssetsINR 4887 Crore (as of 31st March 2021)Expense Ratio2.17% (as on 31st March 2021) 2. SBI Contra Fund (Category - Equity - Contra fund) Its aim is to provide investors with maximum growth opportunities through equity investments in stocks of growth-oriented sectors of the economy.   It is a fund with Moderately High Risk that has a NAV of Rs. 150.287 (Growth) (as of 23rd April 2021), and is one of the top-performing funds in the 'Equity: Contra category. The fund was launched on 6th May 2005 and has given trailing returns of 30.6% in one year (as of 2020). Key information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load0-1 Year (1%),1 Year and above (NIL).Return Since Inception (6th May 2005)14.9% (as of 23rd April 2021)AssetsINR 1856 Crore (as of 31st March 2021)Expense Ratio2.29% (as of 31st March 2021) 3. SBI Technology Opportunities Fund (Erstwhile SBI IT Fund - Equity - Sectoral fund) Its aim is to provide investors with maximum growth opportunities through equity investments in stocks of growth-oriented sectors of the economy. It is a fund with High Risk and is ranked 42 in the Sectoral category that has a NAV of Rs. 108.207 (Growth) (as of 23rd April 2021), and is one of the top-performing funds in the 'Equity: Sectoral category. The fund was launched on 9th Jan 2013 and has given trailing returns of 47.3% in one year (as of 2020). Key information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load0-15 Days (0.5%),15 Days and above (NIL).Return Since Inception (9th Jan 2013)20.6% (as of 23rd April 2021)AssetsINR 595 Crore (as of 31st March 2021)Expense Ratio2.62% (as of 31st March 2021) 4. SBI Magnum COMMA Fund (Category - Equity - Sectoral fund) Its aim is to generate opportunities for growth along with the possibility of consistent returns by investing predominantly in a portfolio of stocks of companies engaged in the commodity business within the following sectors - Oil & Gas, Metals, Materials & Agriculture, and debt & money market instruments. It is a fund with High Risk and is ranked 9 in the Sectoral category that has a NAV of Rs. 56.2233 (as of 23rd April 2021). The fund was launched on 8th August 2005 and has given trailing returns of 23.9% in one year (as of 2020). Key information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load0-1 Year (1%),1 Year and above (NIL).Return Since Inception (8th August 2005):11.6% (as of 23rd April 2021)AssetsINR 320 Crore (as of 31st March 2021)Expense Ratio2.6% (as of 31st March 2021) 5. SBI Small Cap Fund (Category - Equity – Small Cap fund) The Scheme seeks to generate income and long-term capital appreciation by investing in a diversified portfolio predominantly equity and equity-related securities of small & midcap companies. It is a fund with Moderately High Risk and is ranked 4 in the small-cap category that has a NAV of Rs. 80.1244 (as of 23rd April 2021). The fund was launched on 9th Sep 2009 and has given trailing returns of 33.6% in one year (as of 2020). Key information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load0-1 Year (1%),1 Year and above (NIL).Return Since Inception (9th Sep 2009):19.6% (as of 23rd April 2021)AssetsINR 7570 Crore (as of 31st March 2021)Expense Ratio2.29% (as of 31st March 2021) 6. SBI Large and Midcap Fund (Category - Equity – Large & Mid Cap fund) Its aim is to provide investors with long-term capital appreciation/dividends along with the liquidity of an open-ended scheme. It is a fund with Moderately High Risk and is ranked 20 in the large and mid-cap category that has a NAV of Rs. 284.904 (as of 23rd April 2021). The fund was launched on 25th May 2005 and has given trailing returns of 15.8% in one year (as of 2020). Key information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load0-12 Months (1%),12 Months and above (NIL)Return Since Inception (25th May 2005):17% (as of 23rd April 2021)AssetsINR 3629 Crore (as of 31st March 2021)Expense Ratio2.21% (as of 31st March 2021) 7. SBI Bluechip Fund (Category - Equity - Large Cap fund) Its aim is to provide investors with opportunities for long-term growth in capital through active management of investments in a diversified basket of equity stocks of companies whose market capitalization is at least equal to or more than the least market capitalized stock of the S&P BSE 100 Index. It is a fund with Moderately High Risk and is ranked 9 in the Large Cap category that has a NAV of Rs. 50.5466 (as of 23rd April 2021). The fund was launched on 14th Feb 2006 and has given trailing returns of 16.3% in one year (as of 2020). Key information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load0 -1 Year (1%),1 Year and above (NIL)Return Since Inception (14th Feb 2006):11.3% (as of 23rd April 2021)AssetsINR 26838 Crore (as of 31st March 2021)Expense Ratio1.84% (as of 31st March 2021) 8. SBI Banking and Financial Services Fund (Category - Equity - Sectoral fund) The investment objective of the scheme is to generate long-term capital appreciation for unit holders from a portfolio that is invested predominantly in equity and equity-related securities of companies engaged in banking and financial services. However, there can be no assurance that the investment objective of the Scheme will be realized. It is a fund with High Risk that has a NAV of Rs. 21.7274 (as of 23rd April 2021). The fund was launched on 26th Feb 2015 and has given trailing returns of 4.8% in one year (as of 2020). Key information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load0-12 Months (1%),12 Months and above (NIL)Return Since Inception (26th Feb 2015):13.4% (as of 23rd April 2021)AssetsINR 2371 Crore (as of 31st March 2021)Expense Ratio2.44% (as of 31st March 2021) 9. SBI Magnum tax Gain Fund (Category - Equity - ELSS fund) To deliver the benefit of investment in a portfolio of equity shares, while offering deduction on such investment made in the scheme under section 80C of the Income-tax Act, 1961. It also seeks to distribute income periodically depending on distributable surplus. Investments in this scheme would be subject to a statutory lock-in of 3 years from the date of allotment to avail of Section 80C benefits. It is a fund with Moderately High Risk and is ranked 31 in the ELSS Category that has a NAV of Rs. 179.609 (as of 23rd April 2021). The fund was launched on 7th May 2007 and has given trailing returns of 18.9% in one year (as of 2020). Key information Minimum InvestmentINR 5,00Minimum SIP InvestmentINR 500Minimum Withdrawal-Exit LoadNILReturn Since Inception (7th May 2007):10.4% (as of 23rd April 2021)AssetsINR 9258 Crore (as of 31st March 2021)Expense Ratio2.22% (as of 31st March 2021) 10. SBI Nifty Index Fund (Category – Others - Index fund) The scheme will adopt a passive investment strategy. The scheme will invest in stocks comprising the Nifty 50 Index in the same proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of the Nifty 50 Index by minimizing the performance difference between the benchmark index and the scheme. The Total Returns Index is an index that reflects the returns on the index from index gain/loss plus dividend payments by the constituent stocks. This open-ended fund has a NAV of ₹122.988 (as of 23rd April 2021) and is ranked 75 in Index Fund Category. It comes with a Moderately High risk. The fund was launched on 17th Jan 2002 and has given trailing returns of 14.6% in one year (as of 2020). Key information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load0-15 Days (0.2%),15 Days and above (NIL).Return Since Inception (17th Jan 2002):11.1% (as of 23rd April 2021)AssetsINR 1032 Crore (as of 31st March 2021)Expense Ratio0.68% (as of 31st March 2021) The best-performing SBI tax-saving mutual fund SBI Tax Saving Mutual Funds provide dual benefits to its investors – one in the form of capital appreciation through equity investments and the other through income tax savings under section 80C. There is a mandatory lock-in period of three years and has the potential for higher returns. The minimum investment is Rs. 500. These are Multi-cap Equity funds with a diversified portfolio. How can you invest in SBI mutual via EduFund? It is a simple, convenient, and easy process through EduFund to invest in some of the most profitable SBI Mutual Fund Schemes, which involves a hassle-free process. Let us look at the details of the process: Step 1: The first step is to log in using your SBI mutual fund login Id or your EduFund account. The applicant can also download and install the SBI mutual fund app to start investing. If the applicant does not own an account, he would need to create a username password by registering on to the portal. Step 2: The second step is for the applicant to scan and upload identification documents and proofs like Aadhar Card, PAN Card, Passport, Driving License, Voter ID Card or any other ID that is issued by the Central or State Government. Step 3: Further, the applicant must upload his address proof using any legal document that carries the permanent address of the investor. This proof again could be an Aadhar Card, Passport, Bank statement, rent agreement, Phone or Gas Bill, etc. Step 4: Next, he should identify the duration of investment he is interested in and apply it accordingly on the portal. Step 5: After the tenure, the risk undertaking should be determined, whether the applicant wants to opt for a low, medium, or high-risk investment. Step 6: As per the choice and market feedback, he can opt for the best SBI Mutual Fund, which is most suitable to his individual choice and criteria. Step 7: The individual has the option to go for a one-time investment or installment. If he wishes to pay the investment amount in a lump sum, he should select the “Invest One Time” button else can click on the “Start SIP” to enable investment which allows monthly/quarterly/bi-annual or annual payments. EduFund is a renowned portal that is 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. Using the SBI Mutual Fund Calculator  The mutual fund calculator SBI helps you estimate the returns which can be expected from the invested capital. The exact amount cannot be guaranteed, but an estimated amount can be calculated using the SBI mutual fund calculator for both Lumpsum and SBI mutual fund SIP payments to get an appropriate view of the SBI mutual fund statement. Leading fund managers at SBI Mutual Fund  The SBI Mutual Fund Investment team is well-equipped with stalwarts of the Finance Sector who have professional experience, qualifications, and knowledge of investment. Some of the leading Fund Managers at SBI Mutual Fund are: 1. Navneet Munot: Executive Director & Chief Investment Officer Mr. Munot was the Chief Investment Officer in 2008 when he joined SBI Fund House. Currently, he is the Executive Director and Chief Investment Officer, taking care of investments of more than USD 54 billion. He is a veteran with experience working with Giants as the former Chief Investment Officer of Birla Sun Life Mutual Funds and as the Executive Director and the Head of the Multi-Strategy Boutique at Morgan Stanley Investment Management. He has given 25 years to the Finance Sector and is a Chartered Accountant and a Charter Holder of the CAIA and CFA Institute. His expertise lies in various sectors of investment, like fixed income, foreign exchange, and hybrid funds. He is an asset to SBI Mutual Funds 2. Ashwani Bhatia: Deputy Managing Director Mr. Bhatia started his career at the entry level as a Probationary Officer in 1985 with the State Bank of India. Currently, he is the Deputy Managing Director of the SBI, and since July 2018, he is on loan to the SBI Mutual Funds Management Board. He is also the MD and CEO of SBI Mutual Funds. Before Corporate Credit Structures were revamped, he was also the Chief General Manager of SBI and was also appointed as the Chief General Manager of the Small and Medium Enterprises at the bank for several years. He has spent a lifetime in the field of Banking and has commendable experience in International Banking, retail, and credit and treasury. 3. Anup Upadhyay: Head of Research Upadhyay started his career at SBI MF as an Equity Analyst and presently he is the Head of Research at SBI MF and the Fund Manager for the Equity Opportunity Fund and SBI IT Fund for the IT Service Industry. He is a pass-out of IIT Kharagpur with an additional Post-Graduation Diploma in Management from IIM Lucknow. He has also been a student of the CFA Institute of the USA, where he is a Charter holder. His expertise lies in the area of Media, Telecom, and Capital Good Stocks too. 4. Nicholas Simon: Deputy CEO Mr. Simon was deputed from the Amundi Group of France, which holds a significant share in the controlling company. Mr. Simon has served as the CAAM for Real Estate and CEO of Real Estate from 2006-2015. He represents the interests of the Amundi Group on the Board. He was the Head of Property at Henderson Real Estate in France from 2003-2005 and before that Mr. Simon was the CEO of Generali Real Estate from 1996-2002. He has done his Master of Business Management from the Toulouse School of Business and completed his Post Graduation in Law from the Pantheon-Assas University in Paris. He has recognized exposure to International Banking and vast experience in controlling inflation, market trends, and beating the competition. 5. S. Srinivas Jain: Head of Equity  With an experience of 25 years in the equity market, Mr. Srinivasan joined SBI Mutual Funds as a Fund Manager and later became the Head of equity. He has had exposure to the equity market for as long as 25 years. Mr. Jain has worked with SBI for almost 20 years, with an overall experience in Financial services of more than 30 years. He is currently appointed as the Executive Director and Chief Marketing Officer of Strategy and International Business at SBI Mutual Funds. He has a background in Cost Accountancy and holds a degree in Graduation in Commerce from Bangalore University. He has varied experience working for leading Financial Companies like Motilal Oswal, Indosuez WI Carr, Principal PNB, Oppenheimer & Co. (Blackstone), and Future Capital Holding, managing the funds of SBI Mutual fund directly under him.  The other well-known fund managers at SBI Mutual Fund Mr Sanjeev Patkar Mr Nicholas Simon Mr Rajeev Radhakrishnan Mr D.P. Singh Mr Rahul Mayor Ms Aparna Nirgude Why should you invest in SBI Mutual Fund? To invest Online in SBI Mutual Funds, one can choose EduFund to safely put away his money in SBI mutual funds online, which charges no fees or hidden charges. It further helps investors to explore funds and options, gives them a varied outlook on the risk and tenure associated with each investment, provides all-out solutions for investors and clears misconceptions and doubts regarding a return, risk, and consistency before the individual invests his hard-earned money into it. The Funds option within the portal displays the return percentage and the current NAV. Besides that, before investing, a person can filter options like risk rating, value research, consistency, and size of the fund. He can also opt for investing in a lump sum amount or installments. Select EduFund for investing in SBI Mutual Fund EduFund makes the process of investing in HDFC 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 are 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 When was SBI Mutual Fund? SBI Mutual Fund was set up on June 29, 1987, and was incorporated on February 7, 1992, and is the first non-UTI Mutual Fund which is a joint venture between the largest bank in India State Bank of India, and the leading global AMC – Asset Management Company in France – AMUNDI. Why should you invest in SBI Mutual Fund? To invest Online in SBI Mutual Funds, one can choose EduFund to safely put away his money in SBI mutual funds online, which charges no fees or hidden charges. How can you invest in SBI mutual via EduFund? It is a simple, convenient, and easy process through EduFund to invest in some of the most profitable SBI Mutual Fund Schemes, which involves a hassle-free process.

College teaches you a great many lessons and gives a guide to budgeting. Not all of those lessons, as it happens, are learned in the classroom. As a young college student, budgeting and good financial planning are lessons you will learn to appreciate sooner rather than later. This is especially true if you are planning on moving abroad for your studies.  The expenses of a global education may have you worried and asking “Is studying abroad worth it?” Well, there is no doubt that going to study abroad has a great many benefits, both for your career as well as your personal growth and development. In fact, learning how to live on a tight budget can be a life lesson on its own. In this blog post, we try to understand how to get started in creating your first personal budget.  Image by Andrea Piacquadio on Pexels Basics of financial planning When you are preparing for your college applications, it is likely that you have an education plan in place. This ensures that you are more organized with your applications and aren’t surprised or thrown into a tizzy due to unexpected circumstances. In the same way, to ensure that you are organized with your money and to avoid being beset by financial emergencies, you need a financial plan. What is Financial planning? Financial planning is basically a method to plan and manage your income, expenses, investments, and other finances to ensure that you can achieve your life goals. A good financial plan also anticipates and makes room for emergencies that may otherwise drain your savings or cause you to incur debt.  The first step in creating a financial plan? The first step in creating a good financial plan is the same as the first step in creating a good education plan - identify your goals. You need to figure out what your financial goals are. They can be as simple as being able to save a certain amount at the end of the year. Be realistic with your goals. Keep in mind that you are still young and do not have too many responsibilities right now. Therefore, you can treat your college life as a growing and earning period. You don't have to put too much pressure on yourself. image by Karolina Gabrowska on Pexels Understanding & tracking your finances Once you have your financial goals in place, you can start sketching out your plans. Understand your finances. Figure out how much money is coming in each month, (through education loans, scholarships, part-time jobs, or your parents) and how much of it you are spending. Figure out which expenses are reasonable or non-negotiable and which ones you can cut down. You should also maintain a personal balance sheet to record how much you have, how much you spend, and how much you owe. Collect all bills, invoices, and bank statements to accurately record all your transactions. This will enable you to understand and track where your money comes from and where it goes. How to create your first budget? Once you have a financial plan in place, creating a budget will be easy. A budget is a summary of estimated income, and discretionary & non-discretionary expenses. Budgets help you figure out where your money is coming from and where it should be going. This enables you to spend and save money more wisely. Budgets are especially important when you study abroad and are away from family support during emergencies. If you have done your financial planning and tracking, your personal balance sheet will be your first step to creating your first monthly budget. Next, follow these simple steps - Calculate your monthly income based on this balance sheet. Your income will include all money that you earn through part-time jobs and scholarships as well as any allowances you get from your parents or through an education loan. Make a list of your monthly expenses. This list should include all your fixed as well as variable expenses including tuition, rent, utility bills, food, transport, entertainment, etc. Next, separate the non-discretionary expenses like rent and utility bills from discretionary expenses like entertainment.  Set aside money for non-discretionary expenses as a priority. This is money you are not allowed to touch for anything other than its designated purpose.  Set aside money for savings and emergency funds. You don’t have to save a huge amount but do try to keep aside at least some money for this every month.  Make any adjustments that may be required. Cut expenses where possible and adjust savings where no other options are left. And voila! Just like that, you have your first budget! Good monetary habits Good monetary habits teach you financial responsibility and maturity. When you study abroad, you do not always have your family to rely on during emergencies. By practicing these, you ensure that you do not end up in sudden financial emergencies that cause you to incur debt.  Image by Maithree Rimthong on Pexels Financial planning and budgeting are some good monetary habits. Another important habit is avoiding unnecessary expenses. Avoid buying expensive clothes or gadgets that you don’t need. Avail of student discounts wherever possible. Use the library. Use public transport. Save money wherever you can.  Pay off your debts. Try not to buy anything on credit or borrow money unnecessarily from your friends. Only buy what you can reasonably afford. S Saving money may involve sacrifices. You may have to cancel a trip with your friends or miss out on going to an expensive restaurant. Keep in mind there will always be time for those things. By planning for the long term instead of focusing on short-term pleasures, you are making sure that you enter your working life on solid financial ground.  Pay your bills early and on time. Not being prompt with your payments causes you to accumulate late fees which can easily drain your resources and unbalance your budget.  Another important monetary habit to build when you study abroad is to always have an emergency fund. This fund can help you pay sudden expenses, like if you lose your phone or if your laptop needs repair.  Image by Liza Summers on Pexels FAQs What is financial planning? Financial planning is basically a method to plan and manage your income, expenses, investment, and other finances to ensure that you can achieve your life goals. A good financial plan also anticipates and makes room for emergencies that may otherwise drain your savings or cause you to incur debt. What is the 50-30-20 rule? The 50-30-20 rule states that 50% of your income should go toward needs, 30% toward wants, and 20% toward savings. How should a student plan a budget? To create a budget, first understand what your monthly income/pocket money is, and figure out your daily and monthly spending like rent, food, and transport. Compartmentalize your spending into necessary spending and miscellaneous spending. Once you have all the information, figure out where you are spending excessively and try to save the money to create an emergency fund for yourself. Conclusion Financial planning is the first step towards financial responsibility and eventual financial independence. Your parents were able to send you to your dream college because they were fiscally responsible, saved money, and invested in child investment schemes to ensure the best future for you. The best way you can pay them back is by learning to be financially responsible yourself.  Your attitude matters. If you are not resolute about sticking to your budget, your financial planning will be futile. No financial goal is as difficult as it seems once you have your personal balance sheets and budgets in place. Welcome to adulthood!

Invesco Asset Management Company (AMC) Private Ltd India is a part of Invesco Ltd, headquartered in Atlanta, Georgia, USA, which has delivered high returns and is a leading investment management firm set up on 20th May 2005. This AMC entered India in 2013 in partnership with the well-established Religare Securities Ltd. company (51% share). Together they formed Religare Invesco Asset Management Co. Ltd., which was co-owned by both the giants – Invesco and Religare. Invesco Mutual Fund was established in 2006 to cater to the investment needs of retail investors through mutual funds. It is one of the leading independent fund houses in the world. An impressive blend of investment excellence, sustainable business models, and organizational strength has helped the fund house to generate a large number of investor folios. It offers a broad portfolio of mutual fund schemes across equity, fixed income, and hybrid categories along with the fund of fund schemes and exchange-traded funds. It endeavors to deliver best-in-class investment products using its expertise and the global resources of Invesco. Since its inception, Invesco India mutual fund AMC manages assets worth Rs. 37476 crores, as of 31st March 2021 offering 110 mutual fund schemes that include 33 equity, 111 debt, and 14 hybrid funds. This top-notch Asset Management firm's main objective is to target the needs of the domestic and international markets and fulfill them, creating optimum returns for their investors. The company has sustainable business models that assist investors in scaling up and providing outstanding financial services. It offers an extensive array of funds suitable for multiple market capitalizations. The professional experts at the company analyze the market with exceptional exactness and help the investors take the right financial decisions catering to clients in more than 120 countries. Invesco is well-equipped with a dynamic outlook, and its flexibility with the changing financial world is worth applause. Saurabh Nanavati, CEO of Invesco India mutual fund, believes in investing in companies of all kinds – retail, institutional and corporate companies. The company offers investors a plethora of trade-worthy mutual fund schemes and professional assistance to earn quality returns on their investments. Important information about Invesco Mutual Fund ParticularsDetailsChairmanMr. V. K. ChopraCEO and MDMr. Saurabh NanavatiCIOMr. Taher BadshahAuditors  M/s Deloitte Haskins & Sells / M/s. Price Waterhouse Chartered Accountants LLP at Invesco AMCInvestor Service OfficerMr. Surinder Singh NegiCompliance OfficerMr. Suresh JakhotiyaRegistrar and Transfer AgentKFin Technologies Pvt Ltd.CustodianDeutsche BankHead OfficeMumbaiTotal Number of schemes48SponsorInvesco Hong Kong LimitedTrusteeInvesco Trustee Private LimitedRegistrarsKarvy Computershare Pvt. Ltd.Set-Up24th July 2006Incorporated20th May 2005Name of TrusteesDean Chisholm (Associate Director) Jeremy Simpson (Associate Director) Bakul Patel (Independent Director) Satyananda Mishra (Independent Director) G. Anantharaman (Independent Director)A customer can write to or visit the Invesco mutual fund office atAddress- Unit No. 2101 A, 21st Floor, A-Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel, Mumbai 400013.Invesco mutual fund customer care number022-67310000, 022-23019422 (faxInvesco mutual fund toll-free number1800 209 0007Emailpms@invesco.com; mfservices@invesco.com Ten top-performing Invesco mutual fund schemes  Invesco 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 Invesco mutual fund schemes in India. 1. Invesco India Mid Cap Fund Direct-Growth Category - Equity: Mid Cap) The scheme’s main objective is to create capital appreciation by investing in Midcap companies. The Invesco India Mid Cap Fund Direct-Growth Category, with a NAV of 78.330 (as of 2nd May 2021), is the top-performing fund in the 'Equity: Mid Cap' category. This open-ended fund was launched on 01 Jan 2013 and has given trailing returns of 58.60 in one year, and 44.98% 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 managers Pranav Gokhale and Neelesh Dhamnaskar. Key information Minimum InvestmentINR 5,000Minimum SIP InvestmentINR 500Exit LoadFor units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.Return Since Inception (01 Jan 2013):342.29% (as of 30th April 2021)AssetsINR 1389.34 Crore (as of 31st March 2021)Expense Ratio0.74% (as of 31st March 2021) Invest Now  2. Invesco India Tax Plan Direct-Growth (Taxsaver: ELSS Fund) The scheme’s main objective is to create long-term capital growth from a diversified portfolio of equity and equity-related securities. It intends to invest across market capitalization sectors using a diligent bottom-up approach. It aims to have a concentrated and well-researched portfolio, which would be around 20 - 50 stocks. The Invesco India Tax Plan Direct-Growth Category, with a NAV of 76.6200 (as of 2nd May 2021), is in the Taxsaver: ELSS Fund category. This fund was launched on 01 Jan 2013 and has given trailing returns of 49.50 in one year, and 40.30% in 3 years (as of 30th April 2021). The fund considers the S&P BSE 200 Total Return Index as its benchmark and is currently managed by its fund managers Amit Nigam and Dhimant Kothari. Key information Minimum InvestmentINR 5,00Minimum SIP InvestmentINR 500Exit LoadNILReturn Since Inception (01 Jan 2013):286.97% (as of 30th April 2021)AssetsINR 1512.41 Crore (as of 31st March 2021)Expense Ratio0.91% (as of 31st March 2021) Invest Now  3. Invesco India Contra Fund Direct-Growth (Equity: Value-Oriented Fund) The scheme’s main objective is to create capital appreciation by investing in Equity and Equity Related Instruments using contrarian investing. The Invesco India Contra Fund Direct-Growth, with a NAV of 70.3800 (as of 2nd May 2021), is in the Equity: Value Oriented Fund category. This fund was launched on 01 Jan 2013 and has given trailing returns of 52.47 in one year, and 35.29% in 3 years (as of 30th April 2021). The fund considers the S&P BSE 500 Total Return Index as its benchmark and is currently managed by its fund managers Taher Badshah and Dhimant Kothari. Key information Minimum InvestmentINR 5,00Minimum SIP InvestmentINR 500Exit LoadFor units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.Return Since Inception (01 Jan 2013):300.80% (as of 30th April 2021)AssetsINR 6476.52 Crore (as of 31st March 2021)Expense Ratio0.57% (as of 31st March 2021) Invest Now 4. Invesco India Largecap Fund Direct-Growth (Equity: Large Cap Fund) The scheme’s main objective is to create capital appreciation by investing in large-cap companies. The Invesco India Large-cap Fund Direct-Growth, with a NAV of 40.3300 (as of 2nd May 2021), is in the Equity: Large Cap category. This fund was launched on 01 Jan 2013 and has given trailing returns of 41.46% in one year, and 33.63% in 3 years (as of 30th April 2021). The fund considers the NIFTY 50 Total Return Index as its benchmark is currently managed by its fund managers Amit Nigam and Nitin Gosar. Key Information Minimum InvestmentINR 100Minimum SIP InvestmentINR 100Exit LoadNILReturn Since Inception (01 Jan 2013):207.39% (as of 30th April 2021)AssetsINR 290.74 Crore (as of 31st March 2021)Expense Ratio1.11% (as of 31st March 2021) Invest Now 5. Invesco India Growth Opportunities Fund Direct-Growth (Equity: Large and Mid Cap Fund) The scheme’s main objective is to create capital appreciation from a diversified portfolio of Equity and Equity Related Instruments of Large and Midcap companies. The Invesco India Growth Opportunities Fund Direct-Growth, with a NAV of 48.8700 (as of 2nd May 2021), is in the Equity: Large and Mid Cap category. This fund was launched on 01 Jan 2013 and has given trailing returns of 45.32% in one year, and 32.55% in 3 years (as of 30th April 2021). The fund considers the S&P BSE 250 Large MidCap 65:35 Total Return Index as its benchmark and is currently managed by its fund managers Taher Badshah and Pranav Gokhale. Key information Minimum InvestmentINR 100Minimum SIP InvestmentINR 100Exit LoadFor units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.Return Since Inception (01 Jan 2013):253.36% (as of 30th April 2021)AssetsINR 3650.51 Crore (as of 31st March 2021)Expense Ratio0.54% (as of 31st March 2021) Invest Now 6. Invesco India Infrastructure Fund Direct-Growth (Equity: Sectoral-Infrastructure Fund) The scheme’s main objective is to create long-term capital appreciation by investing in a portfolio that is constituted of equity and equity-related instruments of infrastructure companies. The Invesco India Infrastructure Fund Direct-Growth, with a NAV of 26.1700 (as of 2nd May 2021), is in the Equity: Sectoral-Infrastructure category. This fund was launched on 01 Jan 2013 and has given trailing returns of 50.23% in one year, and 31.77% in 3 years (as of 30th April 2021). The fund considers the S&P BSE India Infrastructure Total Return Index as its benchmark and is currently managed by its fund managers Amit Nigam and Neelesh Dhamnaskar Key information Minimum InvestmentINR 500Minimum SIP InvestmentINR 500Exit LoadFor units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.Return Since Inception (01 Jan 2013):238.11% (as of 30th April 2021)AssetsINR 109.77 Crore (as of 31st March 2021)Expense Ratio1.33% (as of 31st March 2021) Invest Now 7. Invesco India Financial Services Fund Direct-Growth (Equity: Sectoral-Banking Fund) The scheme’s main objective is to create capital appreciation from a portfolio of Equity and Equity Related Instruments of companies engaged in the business of banking and financial services. The Invesco India Financial Services Fund Direct-Growth, with a NAV of 75.5500 (as of 2nd May 2021), is in the Equity: Sectoral-Banking category. This fund was launched on 01 Jan 2013 and has given trailing returns of 44.87% in one year, and 31.60% in 3 years (as of 30th April 2021). The fund considers the NIFTY Financial Services Total Return Index as its benchmark and is currently managed by its fund managers Dhimant Kothari and Hiten Jain. Key Information Minimum InvestmentINR 100Minimum SIP InvestmentINR 100Exit LoadFor units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.Return Since Inception (01 Jan 2013):210.78% (as of 30th April 2021)AssetsINR 292.80 Crore (as of 31st March 2021)Expense Ratio1.14% (as of 31st March 2021) Invest Now 8. Invesco India Corporate Bond Fund Direct-Growth (Debt: Corporate Bond) The fund creates regular and stable income by investing in bonds issued by corporates. The scheme will invest in bonds that are rated AA+/ AAA by credit rating agencies. The Invesco India Corporate Bond Fund Direct-Growth, with a NAV of 2634.8148 (as of 2nd May 2021), is in the Debt: Corporate Bond category. This fund was launched on 01 Jan 2013 and has given trailing returns of 9.09% in one year, and 30.33% in 3 years (as of 30th April 2021). The fund considers the CRISIL AAA Short-Term Bond Index as its benchmark is currently managed by its fund managers Vikas Garg and Krishna Venkat. Key information Minimum InvestmentINR 100Minimum SIP InvestmentINR 100Exit LoadNILReturn Since Inception (01 Jan 2013):91.18% (as of 30th April 2021)AssetsINR 2914.44 Crore (as of 31st March 2021)Expense Ratio0.20% (as of 31st March 2021) Invest Now 9. Invesco India Short-Term Fund Direct-Growth (Debt: Short Duration) The scheme’s main objective is to create steady returns with moderate risk by investing in a portfolio comprising of short-medium term debt and money market instruments. The Invesco India Short Term Fund Direct-Growth, with a NAV of 3052.2750 (as of 2nd May 2021), is in the Debt: Short Duration category. This fund was launched on 01 Jan 2013 and has given trailing returns of 8.31% in one year, and 28.51% in 3 years (as of 30th April 2021). The fund considers the CRISIL Short-Term Bond Total Return Index as its benchmark and is currently managed by its fund managers Vikas Garg and Krishna Venkat Cheemalapati. Key information Minimum InvestmentINR 500Minimum SIP InvestmentINR 500Exit LoadNILReturn Since Inception (01 Jan 2013):95.30% (as of 30th April 2021)AssetsINR 1175.15 Crore (as of 31st March 2021)Expense Ratio0.40% (as of 31st March 2021) Invest Now 10. Invesco India Multicap Fund Direct-Growth (Equity: Flexi Cap) The scheme’s main objective is to create long-term capital appreciation by investing in equity and equity-related securities of large, mid, and small companies. The fund uses a diligent bottom-up investment approach to select stocks across the market capitalization range. The Invesco India Multicap Fund Direct-Growth, with a NAV of 71.1500 (as of 2nd May 2021), is in the Equity: Flexi Cap category. This fund was launched on 01 Jan 2013 and has given trailing returns of 54.14% in one year, and 27.81% in 3 years (as of 30th April 2021). The fund considers the S&P BSE AllCap Total Return Index as its benchmark and is currently managed by its fund managers Amit Nigam and Pranav Gokhale. Key information Minimum InvestmentINR 500Minimum SIP InvestmentINR 500Exit LoadFor units in excess of 10% of the investment, 1% will be charged for redemption within 1 year.Return Since Inception (01 Jan 2013):297.71% (as of 30th April 2021)AssetsINR 1171.10 Crore (as of 31st March 2021)Expense Ratio0.93% (as of 31st March 2021) Invest Now Using the Invesco mutual fund calculator  The Invesco mutual fund investment may generate returns, but it is impossible to calculate the exact amount earned as returns. But Invesco mutual fund calculator helps to estimate the returns which can be expected from the invested capital. This can be used for both, Lumpsum and Invesco mutual fund SIP payments and to get an appropriate view of the mutual fund statement. The investor needs to fill in the following information to find the estimated returns of mutual funds: Invesco Mutual fund calculated returns based on Selected Scheme Target Corpus (Rs)  Investment Tenure (in months)  Annual Investment Return (%)  How can you invest in Invesco Mutual via EduFund? It is a simple, convenient, and easy process through Invesco mutual fund login using EduFund to invest in some of the most profitable Invesco Mutual Fund Schemes, which involves a hassle-free process. Let us look at the details of the process: Step 1: The investor needs to visit the official webpage of Invesco or he can choose to visit the main page of EduFund to initiate an investment in Invesco Mutual Funds. Step 2: If he is a registered user, he can directly Invesco mutual fund log in to the platform using his mobile number and password/OTP. Or he would need to create his new Invesco mutual fund login ID, which can be done through EduFund as well, register using a new password, and then log in. Step 3: He should then go to the Mutual Funds section and choose ‘Invest’ and go to ‘Explore All Funds’, placed on the left sidebar. Step 4: From all the available Invesco Mutual Funds, the investor can choose the best type of mutual fund of his choice. All details about the chosen fund will appear on the screen, like risk level, tenure, NAV, etc. Step 5: The investor needs to select the category and choose the payment option he wants to go with – Lumpsum or SIP. He needs to enter the amount he wishes to invest and then simply click on ‘Confirm.’ Step 6: After confirming the plan, the investor simply needs to make his payment using his bank details, net banking, or using his debit or credit card. KYC check required for investing in Invesco Mutual Funds KYC needs to be complete and compliant before investing in Mutual Funds will be processed within 5 working days after the payment, and KYC formalities are fulfilled. The following SEBI-registered intermediaries need to be mandatorily contacted, and regulations need to be followed to complete the KYC: AMC – Asset Management Company and The Fund House (Asset Management Companies) KYC Registration Agency such as CAMS, Karvy, CSDL, NSDL, and NSE-owned DotEx International Limited To complete the KYC online, the investor should follow the below-mentioned steps To initiate Invesco mutual fund login or through EduFund using personal details and an Aadhaar-linked mobile number, which can be verified using OTP. Upload self-attested copies of Identity Proof and Address Proof. Documents required for Invesco Mutual fund investment Identity Proof - Acceptable documents are Aadhaar Card, PAN Card, Passport, Driving, License,   Address Proof - Acceptable documents are Aadhar Card, Driving License, Passport, Recent Utility Bill, and Rental/Lease Agreement EduFund is a renowned portal that is 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. The best-performing Invesco tax-saving mutual fund Invesco India Tax Plan Mutual Funds are the benchmark as a beating tax saver with assured consistency and are among the top tax-saving funds. It is a safe bet for investors seeking capital appreciation over the long term and Investment in equity and equity-related instruments. It generates long-term capital growth from a diversified portfolio mainly consisting of equity-related securities. The key benefits of investing in Invesco Tax Saving Mutual Fund are: It is an open-ended ELSS Equity Linked Savings Scheme that comprises a lock-in period of a minimum of 3 years It helps in Tax exemptions under section 80C of the Income Tax Act 1961 It is invested with a long-term perspective It has significant exposure to midcap It consists of a balanced and well-diversified portfolio Leading fund managers at Invesco Mutual fund  The Invesco Mutual Fund Investment experts are well-equipped with providing professional assistance within the Finance Sector with appropriate qualifications and knowledge of investment. Some of the most efficient Fund Managers at Invesco Mutual Fund are: Top equity fund managers Taher Badshah (Chief Investments Officer) Taher joined Invesco AMC as a Chief Investments Officer in 2017 and has 24 years old overall experience in Indian Equity Market. He has prior experience working at Motilal Oswal Asset Management as the Head of Equities. He has also worked at ICICI Prudential AMC, Alliance Capital AMC, Kotak Mahindra Investment Advisors, etc. He has completed his master’s in management studies degree in Finance from S.P. Jain Institute of Management. He has also completed his B.E. degree in Electronics from the University of Mumbai. Invesco, he is completely engrossed with the equity management function.  Amit Ganatra (Fund Manager) As a Fund Manager, Amit Ganatra is well-versed in equity research and has professional experience of over 16 years. He holds a degree in Chartered Accountant and Commerce, and he takes intensive decisions and strategies for portfolio management.  Pranav Gokhale (Fund Manager) Pranav has a total experience of 14 years serving as a Fund Manager at Invesco Mutual Funds AMC e in Indian Equity Markets. He is a Chartered Account from the Institute of Chartered Accountants of India. Also, he holds an M. Com degree from Mumbai University. Pranav has previously worked with IL&FS, International Ship Repair LLC Fujairah, ICICI Direct, and Rosy Blue Securities.  Neelesh Dhamnaskar (Fund Manager) Neelesh has been working for 9 years with Invesco in Equity Investment with more than 14 years of experience in the equity and research market. He joined Invesco in 2010 and has also worked with ENAM, KRC, and Anand Rathi Securities Limited. Mr. Dhamnaskar holds a Commerce degree, and an MMS degree in Finance from Mumbai University and is currently pursuing CFA (USA), and is a Level III candidate.  Mr. Nitin Gosar (Fund Manager) Mr. Gosar has more than 14 years of experience, and he joined Invesco MF in 2011 in equity research. He has previously worked with IFCI Financial Services and Batlivala & Karani Securities. He holds a BMS degree, a master’s degree in Finance from ICFAI.  Top Debt fund managers Mr. Sujoy Kumar Das – Head of the Fixed Income investment Mr. Das, who has more than 22 years of overall experience, joined Invesco Mutual Fund in 2010. He is currently the head of the Fixed Income investment team at Invesco AMC. He was earlier working with DSP Merrill Lynch Mutual Fund, Bharti AXA Mutual Fund, and Bank of Punjab before joining Invesco. As per the “Top Fund Managers of India” survey, organized by Business Today and Mutualfundsindia.com, which was conducted in May 2005 & April 2012, he was awarded as the best debt fund manager in the country. He has a BSc, - bachelor’s in science in Economics degree from Calcutta University. He holds a diploma of Post-Graduation in Business Administration in Finance & International Business from the Hindu Institute of Management. Mr. Krishna Cheemalapati (Fund Manager) Mr. Cheemalapati holds a significant position in the fixed-income investment department of Invesco as a Fund Manager, which he joined in 2011. With an overall experience of 22 years, he has worked with other big giants like Reliance General Insurance and ICAP India Pvt. Ltd. He has completed his CFA from ICFAI, PGDBA from ICFAI Business School, and holds a BE degree from Andhra University. Mr Abhishek Bandiwdekar (Fund Manager and Dealer at Invesco AMC) Mr. Bandiwdekar has more than 12 years of overall experience in the Markets of Fixed Income, and he joined Invesco AMC in 2014. He is leading a high position in Invesco as a fund manager and dealer. Previously, he has worked with STCI Primary Dealer Ltd., Taurus Corporate Advisory Services Ltd., IDBI Asset Management, and A.K. Capital Services Ltd. He has done his PGDFM in Finance from I.E.S Management College of Commerce & Economics and is a commerce graduate. Mr. Vikas Garg (Head of the credit research team at Invesco) Mr. Garg has more than 15 years of experience. Before joining Invesco, he worked within the financial markets of other firms like L&T mutual fund as a portfolio manager and FIL Fund Management Pvt Ltd and ICRA Ltd in their credit research team. He obtained a diploma in PDGM from XLRI-Jamshedpur, a CFA charter in the USA, and holds a B. Tech and M. Tech degree in Chemical Engineering from IIT-Delhi. Mr. Vardhaman Kochar (VP of performance and risk at Invesco) Mr. Kochar has more than 12 of experience in performance and risk management. He has worked with Genpact and Polaris Financial Technology, Crisil Irevna Ltd. He has an MBA degree from IIT Kanpur and holds a B. E. degree in Computer Science from Rajasthan. Some other fund managers at Invesco Mutual Fund are: Mr. Dhimant Kothari Mr. Hiten Jain Ms. Rita Tahilramani Mr. Rajeev Bhardwaj Mr. Kuber Mannadi Mr. Herin Shah Mr. Prateek Jain Why should you invest in Invesco Mutual fund using EduFund? Investing in Invesco Mutual Funds through EduFund is a wise decision and should be taken soon to avail the following benefits: Features like Rupee cost averaging, Power of Compounding, Long-term Savings, and SIP Benefits enable many investors to invest in Invesco. Each Invesco Mutual Fund and benefit can be identified using its NAV, AUM, peer average returns, past performances, etc.  A robust investment process for equities and fixed income.  For fixed-income, the portfolios revolve around maximizing returns by investing in quality assets and minimizing liquidity risk and interest rate risk. For equity, with the help of ESG - Environment, Social, and Governance Overlay, Invesco follows an active fund management strategy. Invesco categorizes stocks based on value, event-based stocks, and growth. The stock category names are unique.  Their risk management process starts with the investment and continues till the final existence of the fund in the market. Invesco Mutual Fund is quite popular because it commits to providing investment excellence, depth of investment capabilities, organizational strength, and a global footprint. Select EduFund for investing in Invesco Mutual fund EduFund makes the process of investing in Invesco 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 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.  FAQs Is Invesco a good mutual fund company? Invesco India Tax Plan Mutual Funds are the benchmark as a beating tax saver with assured consistency and are among the top tax-saving funds. It is a safe bet for investors seeking capital appreciation over the long term and Investment in equity and equity-related instruments. Who owns Invesco mutual fund? Saurabh Nanavati, CEO of Invesco India mutual fund, believes in investing in companies of all kinds – retail, institutional and corporate companies. The company offers investors a plethora of trade-worthy mutual fund schemes and professional assistance to earn quality returns on their investments. Is Invesco a good investment? Invesco India Tax Plan Mutual Funds are the benchmark as a beating tax saver with assured consistency and are among the top tax-saving funds. It is a safe bet for investors seeking capital appreciation over the long term and Investment in equity and equity-related instruments. It generates long-term capital growth from a diversified portfolio mainly consisting of equity-related securities. Is Invesco an Indian company? Invesco Asset Management Company (AMC) Private Ltd India is a part of Invesco Ltd, headquartered in Atlanta, Georgia, USA, which has delivered high returns and is a leading investment management firm set up on 20th May 2005.