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Exchange-traded funds (ETFs) are well-known for their low costs and liquidity, but many investors ignore an additional, undervalued benefit of ETFs: tax efficiency. In this crucial aspect, ETFs outperform Mutual Funds by a long shot.   ETFs may owe this tax efficiency to their very structure and their trading, creation, and redemption. Structural components contribute to tax efficiency; lower turnover in passive strategies than active strategies, secondary market trading possibilities, and the structural tax advantages of in-kind redemptions.  As a result, ETF investors have more control over when they pay taxes, i.e., when they sell their shares, rather than when other shareholders buy and sell.   In the USA in 2018, only 10% of ETFs paid out capital gains to investors, but 61% of mutual funds did. Mutual funds paid an average of 4.5 percent capital gains as a percentage of NAV, while ETFs paid only 0.2 percent.   Source: pixabay How are ETFs are so tax efficient Passive turnover   According to Morningstar, only 4% of mutual funds are passive, compared to 89 percent of ETFs. Passive strategies, on average, have lower portfolio turnover than active methods.   As a result of the decreased turnover, there are fewer instances of securities selling at a profit, and hence fewer opportunities for shareholders to receive capital gains.   Thus, the very basis of management of a fund leads to lower or higher tax efficiency. A passive ETF is more tax-efficient than the actively managed ones, as passive strategies eliminate the need for continuous rebalancing.   Secondary market trading  Unlike mutual funds, exchange-traded funds (ETFs) get traded on stock exchanges. Only 10% of ETF trades affect the underlying portfolio through the primary market, with the rest occurring between investors in the secondary market.   On the other hand, all activity of mutual funds has to occur in the primary market, affecting the underlying portfolio.  When a mutual fund investor requests a redemption, the fund has to sell the securities to cover the obligation. On the other hand, when an individual investor wishes to sell an ETF, he simply sells it in the secondary market. For the ETF, there is no bother and so no capital gains transaction.  This structural difference limits the fund-level transactions. As a result, compared to mutual funds that invest in similar assets, this has a lower cost of ownership and higher returns.  Structure  Instead of selling securities for cash, the ETF issuer can satisfy redemptions and portfolio rebalance in-kind (exchanging securities for ETF shares) in the ETF primary market.   This in-kind transaction does not result in a taxable event for the fund. It can protect fund shareholders from capital gains from other shareholders' buying and selling decisions.  When an AP redeems ETF shares, the issuer does not immediately rush to sell ETF shares to pay the AP in cash. Instead, he's paid "in-kind" by delivering the ETF's underlying assets.   No capital gains, therefore. Additionally, the ETF provider selects the stocks to be given to the AP, making sure that the shares with the lowest tax liability are given to the AP.  This leaves the ETF issuer with only shares acquired at or even above the market rate, lowering the fund's tax burden and, as a result, providing investors with better after-tax returns.  For some ETFs, the mechanism does not augur well. Fixed-income ETFs are less tax-efficient than other ETFs due to higher turnover and recurrent cash-based creations and redemptions.   That said, ETFs win hands down, with two decades of evidence pointing out their high tax savings compared to any other investment avenue.  FAQs Are ETFs a good investment for a new investor? Exchange Traded Funds are usually considered to be low-risk investments as not only are they low-cost but also hold various stocks and securities, thus increasing diversification. What is an ETF? An ETF stands for exchange-traded fund (ETF). One single ETF is a basket of securities that can be bought and sold like mutual funds through a brokerage firm. ETFs track a specific index such as S&P, sector, commodity, or other assets. Much like stocks, ETFs can be traded on the market. How to invest in ETFs? You can invest in ETFs using the EduFund App. All you need is US account to start investing. Get started using this link Consult an expert advisor to get the right plan for you TALK TO AN EXPERT

Welcome to the world of joint degree programs! If you're dreaming of earning degrees from two different schools or countries, but are worried about financing it, an abroad education loan can be your gateway to realizing your educational aspirations. Discover how to make it work for yourself.  Understanding Joint Degree Programs  Joint degree programs offer students a unique opportunity to earn degrees from two different schools or countries. These programs often combine the expertise and resources of multiple institutions, providing a diverse and enriching academic experience. Before exploring how to finance such programs, it's essential to have a clear understanding of the joint degree program you wish to pursue.  1. Researching Abroad Education Loan Options  Identify Lenders: Start by researching financial institutions or lenders that specialize in providing education loans for international students. Look for lenders with experience in funding joint degree programs specifically.  Loan Criteria: Understand the eligibility criteria, interest rates, repayment terms, and other conditions associated with abroad education loans. Compare different lenders to find the best loan options that suit your needs.  Loan Application Process: Familiarize yourself with the loan application process. Gather the necessary documents, such as admission letters from both institutions, financial statements, and identity proofs, to support your loan application.  https://www.youtube.com/watch?v=4gTQkdePOWM 2. Financial Planning and Budgeting  Tuition and Living Expenses: Determine the total cost of the joint degree program, including tuition fees, accommodation, transportation, health insurance, and other living expenses. Create a comprehensive budget to estimate the amount of funding required.  Loan Amount: Calculate the loan amount you need to cover your expenses. Consider both tuition fees and living costs, ensuring you have a realistic estimate to avoid any financial difficulties during your studies.  Collateral and Guarantor: Some lenders may require collateral or a guarantor to secure the loan. Understand the collateral options available, such as property or investments, and assess the feasibility of providing a guarantor if necessary.  https://www.youtube.com/shorts/rTHsIe85tMY 3. Loan Repayment and Financial Management  Repayment Plans: Understand the repayment plans offered by the lender. Consider options such as deferred repayment, interest-only payments during the study period, and flexible repayment terms. Choose a plan that aligns with your financial situation and future goals.  Financial Management: While studying, practice effective financial management to ensure you make the most of your borrowed funds. Keep track of your expenses, stick to your budget, and explore opportunities for part-time work or scholarships to supplement your income.  Post-Graduation Financial Planning: Plan for the post-graduation phase, including job prospects, expected income, and repayment strategies. Develop a realistic financial plan to manage your loan repayments effectively once you start working.  https://www.youtube.com/shorts/uPGJr3BiXpI 4. Seek Professional Guidance  If you're uncertain about the loan process or need assistance in financial planning, consider seeking guidance from educational consultants, financial advisors, or student loan counselors. Their expertise can provide valuable insights and help you make informed decisions about financing your joint degree program.  Remember, an abroad education loan can open doors to incredible educational opportunities. By understanding the loan options available, conducting thorough research, and planning your finances wisely, you can turn your dream of pursuing a joint degree program into a reality.  https://www.youtube.com/watch?v=tdwqQH0xkFw 5. Scholarships, Grants, and Other Funding Sources  Explore Scholarships: Research scholarships and grants specifically designed for joint degree programs or international students. Many universities, governments, organizations, and foundations offer financial aid opportunities that can significantly reduce your financial burden.  Application Deadlines: Pay close attention to application deadlines for scholarships and grants. Start the application process early and ensure that you fulfill all the requirements and submit the necessary documents on time.  Additional Funding Sources: Look beyond scholarships and grants to explore other funding sources. This could include part-time jobs, crowdfunding platforms, sponsorships from companies or organizations, or even family contributions. Every little bit of additional funding can make a difference.  Banks for education loans? Read More 6. Consider Cost-Saving Measures  Exchange Programs: Investigate the possibility of participating in student exchange programs between the two institutions. These programs often offer reduced tuition fees or other cost-saving benefits, making your joint degree program more affordable.  Housing Options: Explore affordable housing options such as student dormitories, shared apartments, or off-campus accommodations. Choosing a cost-effective living arrangement can significantly lower your overall expenses.  Budgeting Strategies: Implement effective budgeting strategies to manage your finances efficiently. Cut down on unnecessary expenses, prioritize essential items, and take advantage of student discounts and special offers whenever possible.  How to transfer an education loan? Read More 7. Continuous Communication with Financial Institutions  Maintaining open lines of communication with your chosen financial institution is crucial throughout the process. Stay in touch with your loan officer or representative to address any concerns or questions that may arise. Inform them about any changes in your academic plans, financial circumstances, or repayment options to ensure a smooth and well-coordinated financing experience.  8. Understand the Risks and Responsibilities  Loan Repayment Obligations: Be aware of the responsibilities that come with an abroad education loan. Understand the repayment terms, interest rates, and consequences of defaulting on loan payments. Make informed decisions and ensure you have a clear plan to manage your debt effectively.  Currency Exchange Rates: If you're studying in a different country, fluctuations in currency exchange rates can impact your loan repayment amounts. Stay updated on currency trends and consider hedging options to mitigate the risks associated with exchange rate fluctuations.  9. Embrace the Opportunities  While financing a joint degree program through an abroad education loan may seem challenging, it opens doors to extraordinary educational experiences and global networking opportunities. Embrace the journey, make the most of the resources available to you, and stay focused on your academic and career goals.  Remember, with careful planning, research, and financial management, you can successfully use an abroad education loan to finance your joint degree program and embark on a transformative educational adventure.  Conclusion By exploring abroad education loan options, seeking scholarships, practicing financial discipline, and making informed choices, you can turn your dream of a joint degree program into a reality. Embrace the opportunities that lie ahead and embark on a remarkable educational journey.  Consult an expert advisor to get the right plan Talk To An Expert

You have probably read the term Liberalized Remittance Scheme in your NCERT books. LRS is a framework that allows the Indian government to govern remittance flow outside of India. It is a part of FEMA. Indian foreign exchange transactions are governed by the Foreign Exchange Management Act of 1999, which provides the necessary legal framework.  In accordance with the Foreign Exchange Management Act of 1999 (FEMA), which became effective on June 1, 2000, all foreign exchange transactions are classified as either capital or current account transactions.  Any transaction outside of India that doesn't affect a resident's assets or liabilities, including potential liabilities, is considered a current account transaction.  In accordance with Section 5 of the FEMA, residents of India are free to buy or sell foreign currency for any current account activity, with the exception of transactions for which the Central Government has prohibited the use of foreign currency, such as remittances from lottery winnings and remittances from racing, etc.  Let's learn more about the Liberalized Remittance Scheme (LRS)  What is LRS?  All residents, including minors, are entitled to freely transmit up to USD 2,50,000 per financial year (April – March) for any permissible current or capital account transaction, or a combination of both, under the Liberalized Remittance Scheme.   Furthermore, residents can use the foreign exchange facility for up to USD 2,50,000 for the purposes listed in paragraph 1 of Schedule III of the FEM (CAT) Amendment Rules 2015, dated May 26, 2015.  The Scheme was launched on February 4, 2004, with a USD 25,000 cap. The adjustment has been done to the LRS limit to reflect current macroeconomic and microeconomic situations.   The minor's natural guardian must countersign the LRS declaration form if the remitter is a minor. The Scheme does not cover corporations, partnerships, trusts, etc. What is permissible under the Liberalized Remittance Scheme?  Indian residents can use the LRS to send money overseas for tourism, education, medical treatment, stock, and property purchases, care of family living abroad, presents, and donations.   Individuals may also create, manage, and retain foreign currency deposits with foreign banks to conduct transactions.  What isn't permissible under the LRS?  Money from specific sources, such as gambling and lottery winnings, profits from certain corporations, and accrued interest from non-resident rupee bank accounts, cannot be remitted.   Individuals cannot remit funds for prohibited or unlawful activities like margin trading. Furthermore, if an individual reaches the maximum annual limit of US $250,000, the individual must seek special approval from the RBI.   The Financial Action Task Force lists nations and organizations to which you are not permitted to send money (FATF).  What documentation is needed for Liberalized Remittance Scheme?  The RBI requires remitters to fill out and submit Form A2, issued by RBI-appointed Authorized Dealers, to track the total amount of remittance sent by people.   The amount of the remittance, the purpose, and the individual's PAN number are all recorded on the form. The Authorized Dealer will validate the information and handle the remittance after receiving the document.  Is there a limit to the number of times a remittance can be undertaken?  The periodicity of transfers is unrestricted under the LRS. However, throughout a financial year, the total amount of foreign exchange purchased from or sent through all sources in India should not exceed USD 2,50,000.   A citizen would not be liable to earn anything in further money transfers under this Scheme after making one for funds up to USD 2,50,000 during the accounting year, even if the cash flows of the investments were brought back into the country.  TCS and the LRS  The government levied a 5% TCS (Tax collected at Source) on transfers sent through the Liberalized Remittance Scheme (LRS) that exceeds INR 7 lakh in the Union Budget 2020.   The new rule will be in effect from October 1, 2020. TCS will apply to all LRS payments, including equity investments in other countries.  Nature of remittancesTCSEducation expenses are financed through a loan (you will need to show proof of loan sanction)0.5% in excess of INR 7 lakhs in a financial yearEducation expenses not financed through a loan5% in excess of INR 7 lakhs in a financial yearOverseas Travel Package5% of the entire amount remitted Note: There’s no 7-lakh threshold, all transactions applicable for the TCSInternational Transaction on Debit Cards5% of the entire amount remittedNote: Same as above. All transactions are applicableTransfer from Domestic Account to NRO account5% in excess of INR 7 lakhs in a financial year (if the purpose of transfer under LRS i.e Loan to NRI/Gift to NRI etc)For any other purpose (including investments)5% in excess of INR 7 lakhs in a financial year It's a widespread misunderstanding that Indians can't invest in the United States.   Citizens of India can send USD and invest in US equities through the LRS as long as they adhere to the maximum limit rules and buy USD from an Authorized Dealer.   In reality, Indian people sent USD 442 million to invest in overseas shares and debt in 2017. FAQs How much money can you send abroad under the liberalized remittance scheme? All residents, including minors, are entitled to freely transmit up to USD 2,50,000 per financial year (April – March) for any permissible current or capital account transaction, or a combination of both, under the Liberalized Remittance Scheme. What money transfers are permissible under the LRS? Indian residents can use the LRS to send money overseas for tourism, education, medical treatment, stock, and property purchases, care of family living abroad, presents, and donations.   Individuals may also create, manage, and retain foreign currency deposits with foreign banks to conduct transactions. Who is eligible for LRS? Indian residents come under the gambit of LRS. Anyone who owns a valid pan card has a functioning bank account and a valid passport can avail of the benefits of Liberalised Remittance Scheme. Consult an expert advisor to get the right plan for you TALK TO AN EXPERT

Investing in US stocks offers numerous benefits like exposure to the world’s largest and fastest growing economy, a chance to invest in the US dollar, and attractive returns from big companies like Apple, Microsoft, and Tesla. This article explores the benefits of US investments, why it is the right time to invest in the USA from India, and the ease of investing globally in our times. Benefits of US investments  The benefits of investing in US stocks from India can bring about several advantages. Here are some significant advantages to think about:  Diversification: Investing in US stocks allows for portfolio diversification. By adding US stocks to your investment mix, you can reduce the risk associated with having a concentrated portfolio solely focused on Indian stocks. Diversification across different markets can help mitigate the impact of market fluctuations and economic conditions.  Access to Global Giants: The US stock market is home to numerous multinational corporations and tech giants, such as Apple, Amazon, Microsoft, and Google. Investing in these companies provides an opportunity to be a part of their growth and success. These global giants often lead innovation, enjoy stable financials, and may provide potential long-term growth prospects.  Exposure to Different Sectors: The US market encompasses a wide range of sectors, including technology, healthcare, finance, and consumer goods. By investing in US stocks, you can gain exposure to industries that may not be as prevalent or well-developed in the Indian market. This diversification across sectors can help you capture opportunities and reduce sector-specific risks.  Stable and Mature Market: The US stock market is one of the most established and regulated markets globally. It has a long history of stability, investor protection, and transparency. This stability can instill confidence in investors, especially those seeking a secure investment environment.  Why is investing important?  Investing plays a crucial role in wealth creation and financial planning. Here's why investing is important for individuals in India:  Wealth Accumulation: By investing, you can increase your wealth over time. By investing your savings wisely, you have the potential to earn higher returns than traditional savings accounts. Through compounding, your investments can generate additional income, helping you achieve your financial goals.  Beat Inflation: Inflation erodes the purchasing power of money over time. Investing in avenues that generate returns above the inflation rate helps preserve the value of your wealth. By investing in the US market, you can explore opportunities for potentially higher returns and hedge against inflation risks.  Invest in USA with EduFund Can I invest in US Stocks from India?  Yes, as an investor in India, you can invest in US stocks through various channels:  Direct Stock Purchase Plans (DSPPs): Some US companies offer DSPPs, which allow international investors to buy their stocks directly. This enables you to invest in specific US companies without going through a broker.  Global Depository Receipts (GDRs) and American Depository Receipts (ADRs): GDRs and ADRs are financial instruments that represent shares of foreign companies listed on US stock exchanges. They provide an indirect way for Indian investors to invest in US stocks.  Mutual Funds and Exchange-Traded Funds (ETFs): Several Indian mutual funds and ETFs provide exposure to US stocks. By investing in these funds, you can gain access to a diversified portfolio of US stocks managed by professionals.  EduFund's US Investment page offers Indian investors a comprehensive platform to explore and invest in the US stock market. With expert guidance, diversified portfolios, and a focus on long-term growth, EduFund empowers individuals to capitalize on the benefits and opportunities of US investments. So, if you're looking for a US investment page then consider ours.  Invest in the US market: A world of Opportunities  Investing in the US market opens up a world of opportunities for investors in India. The benefits of US investments, including diversification, access to global giants, exposure to different sectors, and a stable market environment, make it an attractive option. With various investment channels available, Indian investors can explore the US stock market and potentially benefit from its growth and performance.  The growth potential of US stocks  One of the key reasons why investing in US stocks from India is appealing is the growth potential these stocks offer. The US economy has a track record of consistent growth, and its stock market has demonstrated resilience and the ability to recover from downturns. This growth potential can translate into attractive returns for investors.  The US stock market is known for fostering innovation and entrepreneurship. It is home to a vibrant ecosystem of startups and established companies that continuously strive for technological advancements and market dominance. By investing in US stocks, Indian investors can participate in the growth of these dynamic companies, potentially benefiting from their success stories.  Moreover, the US market provides access to a large consumer base. The country's robust consumer spending and high standard of living create a favorable environment for companies to thrive. Investing in US stocks allows Indian investors to tap into the purchasing power and consumption patterns of American consumers, which can present lucrative opportunities.  What is the US Stock market timing? Read More Global economic influence  The US economy holds a significant influence on the global stage. As the world's largest economy, its performance and policies have far-reaching effects on financial markets worldwide. By investing in US stocks, Indian investors can align themselves with this influential market and leverage its economic impact.  The US dollar is also the main reserve currency in the globe. Investing in US stocks exposes investors to currency fluctuations, providing an additional avenue for potential gains. The value of the US dollar against the Indian rupee can impact the returns on US investments, offering opportunities for diversification and currency-related profits.  Mitigating risk through research and expertise  Investing in any market comes with risks, and the US market is no exception. However, with proper research, due diligence, and professional guidance, investors can mitigate these risks and make informed investment decisions.  To invest in US stocks successfully, it is crucial to stay updated on market trends, economic indicators, company fundamentals, and geopolitical developments. Various financial research platforms, brokerage firms, and investment advisors provide valuable insights and analysis to assist investors in navigating the US market effectively.  Furthermore, leveraging the expertise of fund managers and portfolio managers who specialize in US investments can be beneficial. Mutual funds and ETFs focused on US stocks often have experienced investment professionals who actively manage portfolios, aiming to generate favorable returns for investors while minimizing risks.  Conclusion Investing in US stocks from India provides an array of benefits, including diversification, access to global giants, exposure to different sectors, and potential for growth. With research and guidance, Indian investors can seize opportunities in the dynamic US market for long-term financial success. 

A college education is an essential investment in a student's future. However, the rising cost of education can be a significant barrier for many students and their families. To make informed decisions, an education cost calculator can be an incredibly helpful tool. In this context, this article explores the benefits of a college cost calculator, including the availability of college cost calculators in India.  The cost of college education has been steadily increasing in recent years. The College Board estimates that for the 2020–2021 academic year, in-state residents attending public schools will pay an average of $10,560 in tuition and fees, and out-of-state students attending public universities will pay an average of $27,020 in tuition and fees. Private institutions will charge an average of $37,650 in tuition and fees. These costs do not include additional expenses like room and board, textbooks, and transportation, which can add up quickly.  With these high costs, it is more important than ever for students and their families to make informed decisions when it comes to financing their education. This is where a college cost calculator can be incredibly helpful.  A college cost calculator is a tool that estimates the total cost of attending a college or university based on factors such as tuition and fees, room and board, books and supplies, and other expenses. It takes into account a student's financial aid eligibility and family income to calculate the net price of attendance.  EduFund College Cost Calculator One of the significant benefits of a college cost calculator is that it provides students and families with a realistic estimate of the total cost of attending a particular college or university. This estimate is based on the current tuition rates, and it also includes estimates for other expenses like room and board, textbooks, and transportation. By using a college cost calculator, students can have a better idea of the total amount they will need to pay for college.  Furthermore, a college cost calculator can also help students determine their eligibility for financial aid. Financial aid can be crucial in helping students cover the cost of college, and it can come in the form of grants, scholarships, work-study programs, and loans. A college cost calculator takes into account a student's family income and other factors to determine their financial aid eligibility, giving students an idea of the amount of aid they may receive.  In addition to estimating the cost of attendance and financial aid eligibility, college cost calculators can also help students compare the costs of different colleges and universities. This can be especially helpful for students who are considering multiple schools and want to make an informed decision about which one to attend. By comparing the net price of attendance at different schools, students can see which one offers the best value for their money.  Education cost calculators are especially important in India, where the cost of education can be a significant barrier for many students. According to a report by the National Sample Survey Organization (NSSO), the average cost of education in India is around Rs 23,000 per year for rural areas and Rs 40,000 per year for urban areas. This amount is significant, especially for families with lower incomes.  An education cost calculator can be a helpful tool for students and their families in India, as it can provide them with an estimate of the total cost of attending a particular college or university. This estimate can be based on various factors, such as tuition and fees, room and board, books and supplies, and other expenses. College Cost Calculator Read More By using an education cost calculator, students and families can make informed decisions about financing their education and ensure that they are not overburdened with debt.  In addition to estimating the cost of attendance, an education cost calculator in India can also help students determine their eligibility for scholarships and other forms of financial aid. Scholarships and grants can be crucial in helping students cover the cost of education, and an education cost calculator can help students identify which scholarships they may be eligible for.  Another benefit of using an education cost calculator in India is that it can help students plan for their future. By estimating the cost of attendance and their financial aid eligibility, students can create a plan for financing their education and ensure that they are not burdened with debt after graduation. This can help students make informed decisions about their career path and ensure that they are not limited by financial constraints.  College cost calculators and education cost calculators are significant for students and their families as they navigate the complicated landscape of financing higher education. These tools can help students plan for the cost of attending college and make informed decisions about which schools to apply to, which programs to pursue, and how to finance their education.  Another advantage of using college cost calculators and education cost calculators is that they can help reduce financial stress and anxiety for students and their families. Knowing the cost of attendance and financial aid eligibility in advance can help students plan for the future and avoid unexpected expenses. This can help students and their families feel more in control of their finances and reduce stress and anxiety related to the cost of education.  Furthermore, college cost calculators and education cost calculators can also help students identify ways to reduce the cost of attendance. For example, students can use the calculator to estimate the cost of living off-campus versus living on-campus. They can also use it to compare the costs of attending a two-year college versus a four-year university.  In summary, utilizing college cost calculators and education cost calculators can benefit students and their families by reducing financial stress, identifying cost-saving measures, and increasing access to higher education. Education cost calculators are particularly crucial in addressing financial inequality in education in countries like India. 

In this article, we will discuss key factors of investing. This article will make it easier for you to make intelligent investment decisions.   Everybody wants to become wealthy quickly and have a lavish lifestyle, but as we all know, Rome was not built in a day. You must have patience, practice financial discipline, and most importantly, make sensible investments if you want to become wealthy.   5 Factors of Investing   1. Have a clear financial plan Investments made without a purpose are of no use. Therefore, the secret to your financial success is a solid financial strategy.   Your existing income, obligations and short-term and long-term goals should all be accounted for in a sound financial plan. Most significantly, your financial strategy should be on the basis of your financial objectives, risk tolerance, and capacity for bearing losses.   Only once you have a detailed financial blueprint should you move forward with your investments.  2. Start early As emphasized by us in many previous blogs, starting investments at an early age is a considerable advantage for you because your money gets much more time to show the compounding effect.   The early investment allows you to use compounding - reinvesting your investment profit to increase your earnings.   The first is reinvestment and the second is time - both essential factors for compounding to function.  Example: Let us understand this with an example - Reshma invests Rs 10,000 at 6% in her first year of investing. Instead of taking out the Rs 600 (Rs 10,000x1.06) that she earned in year one, she reinvests it in the same instrument.   Assuming the interest rate remains the same, she earns Rs 11,236 (Rs10,600x1.06) by year two. Thus, just by staying invested, her money begins to compound, and her wealth increases yearly – this is called the Power of Compounding.  3. Diversification Proper asset allocation is a crucial aspect of investing. No matter how appealing the profits may seem, you should never put all your eggs in one basket.   Your risk is distributed when you invest across asset classes like equity, debt, commodities, and real estate - because different asset classes carry varying levels of risk and do not necessarily move in the same direction.   Source: pixabay 4. Beware of Inflation Your assets may lose value rather than gain if you do not invest your hard-earned cash wisely this is a result of inflation, which is the gradual increase in prices that can reduce the purchasing power of your money.  Let us observe what happens. Say A hides 50,000 rupees in a mattress for 15 years. In 15 years, the value of money would have been rupees 23,160 if the average annual inflation rate were considered 5%.  Therefore, you mustn't let your money sit about idly; instead, choose investments that outperform or at the very least stay up with inflation.   5. Stay invested for the long term You should always keep your long-term objectives, such as purchasing a home, funding your children's education, getting married, and retiring, while making investments.   Avoid letting market highs and lows derail your course toward achieving the long-term objectives that you have set.   The ideal course of action for you is to make a predetermined investment plan where you decide on a predetermined amount of money to be put across various asset classes in inflation-adjusted instruments.   Investments must be made in a disciplined manner over some time without being distracted from your long-term goals. FAQs What are the key factors to consider before investing? The key factors to consider before investing are your financial goals, your risk factor, the time horizon of investment, your investment amount, and your portfolio management. What are the 5 golden rules of investing? The 5 golden rules of investing are - knowledge of investing, keeping track of your investments, diversification, understanding the risk involved, and investing for the long term. Does inflation impact your investments? Yes, inflation has a huge impact on your investments. This is why choosing the right type of investment for the long-run is important. Investors are encouraged to invest in assets that can yield returns that beat inflation so that their money holds value in the long term horizon. Consult an expert advisor to get the right plan for you TALK TO AN EXPERT

ETFs (exchange-traded funds) are a straightforward method to begin investing. ETFs are easy to understand and can generate significant returns with little cost or effort. Here is everything you need to know about ETFs, including how they work and how to do investing in US ETFs. What is an exchange-traded fund (ETF)?  An ETF, an exchange-traded fund, enables investors to buy many shares or bonds at once. Investors purchase ETF shares, and the funds are employed to invest in a specific way.   If you buy a Nasdaq 100 ETF, your money is put in the index's 100 companies. The ETF trading on the exchange is precisely like a regular stock.   Throughout the trading day, ETFs are bought and sold, and the price of an ETF share might swing above or below its net asset value (NAV) according to supply and demand.  Although ETFs and Mutual Funds appear to be similar on the surface, both are bundles of assets in which thousands of owners regularly invest; they have a few key differences.   Mutual Funds, for example, are usually actively managed. Unlike ETFs, which trade continuously throughout the day, mutual funds are transacted once daily.   Mutual fund prices are determined once every 24 hours based on the NAV at the end of the trading day.  ETFs have two categories: passive and active. Passive ETFs (also known as index funds) monitor a stock index like the S&P 500. Passive ETFs replicate the performance of an index. Active ETFs hire portfolio managers to invest their money. Active ETFs aim to outperform a benchmark index.  5 Steps on how to invest in US ETFs The first step is to open an account with a brokerage firm. This account can be used to buy and sell stocks, ETFs, commodities contracts, and other securities. For all deposits, the broker acts as a custodian. A broker which provides services in India and the USA must be selected.  Make an ETF investment strategy that suits your goals and risk profile.  Once the investor decides on his investment strategy, he should focus on the ETFs. He should research the various types of ETFs available in the market.  The final step in the ETF purchase process is to purchase the ETF. The investor must first deposit monies into the brokerage account from which the purchase will be performed. After ensuring that the funds are sufficient, the investor must look for the ETF ticker symbol and make a buy order. The investor must also specify the number of ETF shares he wants to buy. ETF shares cannot be purchased in fractions in most cases. Confirm the order.   Since the investor has purchased the shares, he must prepare an exit strategy for minimizing losses (if any) or minimizing capital gains taxes.  What to look for in the ETFs before buying/investing?  Expense ratio: Expenses eat into the earnings of the investor, so the smaller the expense ratio, the better. In addition, an investor should consider the costs charged by an ETF to maintain a portfolio.  ETFs often have lower costs than actively managed funds since they track an underlying index. When purchasing specialty ETFs, however, an investor must use caution.  Volume: ETF volume reflects the ETF's trading potential and, as a result, its liquidity. Higher volume means lower spreads and more liquidity.  Underlying Holdings: Look at the underlying holdings of the ETF.   Performance: Look at the fund's past performance and compare that to its peers.   Market price: An ETF should ideally trade near its NAV. Before making any acquisitions, investors should consider the NAV.   Beta: Beta measures how much security is likely to go up or down daily concerning the tracking Index. It is, in essence, a measure of a security market or systemic risk.   For example, a stock having a beta =1.0 swings in tandem with the general market, so a 1% increase or decrease in the underlying index is mirrored by a 1% gain or fall in the ETF's price.  Alpha - Alpha is referred to as 'excess return', which measures the return earned by a stock above or below the market's demand for its risk class.  Age of the ETF - The age of the fund can be used as a proxy for the reliability of the fund. A fund that has been around for a considerable time must have a proven track record.   Why should you invest in US ETFs?  All key US stock exchanges have companies listed worldwide, making it a potential investment destination. If you invest in the US share market, you diversify your financial portfolio while investing in worldwide companies.   The equity market in the United States is the largest in the world. The US financial markets accounted for 54.5 percent of worldwide stock market value as of December 2021.  Investments in US stocks can help you get a good return on your money because global corporations are there, and the return you receive will be high due to various factors.  Unlike India, you can hold US stocks in fractions. After all, buying a single Google share is out of range for most individuals. You can own a part of the company for as little as Rs 1,000 or even less.  According to historical data, the Indian Rupee has been losing value against the US dollar, and there is a probability that this trend may continue.  The rupee-to-dollar exchange rate influences the profit you make from foreign equities. Any rupee weakening helps boost profits if dollar-denominated investments such as US shares appreciate.   Even if global markets are disappointed or remain steady, you benefit if the rupee falls against the dollar.  How to send money to the United States?  All residents, including minors, are entitled to freely transmit up to USD 2,50,000 per financial year (April – March) for any permissible current or capital account transaction, or a combination of both, under the Liberalized Remittance Scheme.  Furthermore, residents can use the foreign exchange facility for up to USD 2,50,000 for the purposes listed in paragraph 1 of Schedule III of the FEM (CAT) Amendment Rules 2015, dated May 26, 2015.  Indian residents can use the LRS to send money overseas for tourism, education, medical treatment, stock and property purchases, care of family living abroad, presents, and donations.   Individuals may also create, manage, and retain foreign currency deposits with foreign banks to conduct transactions. The scheme does not cover corporations, partnerships, trusts, etc.  All about taxation when investing in the US Market Let us sum up the taxation aspect in an easy-to-understand flowchart  1. Dividends  An intended distribution of a company's profit to its shareholders is known as a dividend. You must thus pay the tax on the dividend you receive because your investment is lucrative.  2. Capital gains on the sale  You can choose to make money or lose money when you sell a stock. If you experience a loss, no tax is owed; but, if you experience a profit, you must pay capital gains tax.  The capital gains tax rate is based on how long the stock has been held. Foreign investors in US stocks are not subject to the country's capital gains tax. However, the Capital Gains Tax plan in India requires you to pay taxes.  a) Long-Term Capital Gains Tax Rate (LTCG)  If you own a stock for more than 24 months, the profit from selling it would be taxed at the Long-Term Capital Gains rate in India. Long-term capital gains are taxed at a rate of 20%. (Plus, any additional surcharge and cess).  b) Short-Term Capital Gains Tax Rate (STCG)  If a sale is made before the 24-month period, it will be considered normal income, and the tax rate will depend on your tax bracket.  Understanding some critical ETF terms  Smart Beta ETFs - "Factor-based" or "Strategic Beta" ETFs are other names for Smart Beta ETFs. These ETFs wisely select their underlying assets in keeping with their namesake.  These ETFs choose the primary assets based on factors other than market capitalization.  ETF liquidity - 2 different types of allied liquidities - Primary and Secondary.  Primary Liquidity is the Liquidity associated with the ease of creating and redeeming the ETF shares with the help of underlying securities.   The Liquidity of the underlying securities plays a significant role in determining the Liquidity of the ETF shares in the primary market.  Secondary Liquidity is the Liquidity associated with the already created ETF shares in the stock market. This Liquidity is generally the visible Liquidity on the market.   The non-institutional investors or investors with a smaller scale of operations generally are concerned with this type of liquidity. Investors buy and sell ETF units on the secondary market without the involvement of the ETF issuer.  Tracking difference - which can be either positive or negative, indicates how well a fund has outperformed or underperformed its benchmark index.   It's derived by subtracting the fund's total return from the benchmark's total.  Tracking error - reflects how much variability occurs among the individual data points that make up the fund's average tracking difference.  The value of a fund's assets subtracting the value of its liabilities is known as net asset value (NAV). The term "net asset value" is frequently used in the context of mutual funds and ETFs, and it refers to the value of the assets owned in the fund.  If the ETF's price is higher than its NAV, it is considered to be trading at a "premium." In contrast, if the ETF's price is below its NAV, the ETF is considered to be trading at a "discount." Spread - At any given point in the market, there are two prices: the sale price, i.e., 'ask' and the other to buy, i.e., 'bid'. Buyers of ETFs aim to pay a fair price and, if possible, a discount on the market price of the core securities in the ETF, while sellers want to get the highest price -leading to the existence of spreads.   International investments allow you to diversify your portfolio and acquire exposure to new markets. Geographic diversification can help mitigate country risk, such as the chance of bad events affecting India's domestic economy.   Furthermore, when comparing investing in Indian vs US markets, US stocks have traditionally displayed lower volatility, higher returns, and greater foreign exposure.  FAQs What is an exchange-traded fund (ETF)? An ETF, an exchange-traded fund, enables investors to buy many shares or bonds at once. Investors purchase ETF shares, and the funds are employed to invest in a specific way.   If you buy a Nasdaq 100 ETF, your money is put in the index's 100 companies. The ETF trading on the exchange is precisely like a regular stock. What to look for in the ETFs before buying/investing?  There are many parameters to look out for while buying an ETF: performance, expense ratio, volume, market holdings, age of the ETFs, etc. What are the two types of ETFs? ETFs have two categories: passive and active. Passive ETFs (also known as index funds) monitor a stock index like the S&P 500. Passive ETFs replicate the performance of an index. Active ETFs hire portfolio managers to invest their money. Active ETFs aim to outperform a benchmark index.  Consult an expert advisor to get the right plan for you TALK TO AN EXPERT

Are you an Indian student aspiring to pursue higher studies abroad with a scholarship? This guide will provide valuable insights into the process of writing a compelling scholarship application and sharing effective strategies to secure scholarships for studying abroad. Discover how to maximize your chances of receiving financial aid and achieving your educational dreams.  1. Understanding the Scholarship Application Process  A. Research and Identify Scholarships: Begin by researching and identifying scholarships specifically designed for Indian students studying abroad. Explore various sources such as government programs, educational institutions, private organizations, and international foundations.  B. Eligibility Criteria and Requirements: Carefully review the eligibility criteria and requirements for each scholarship. Pay attention to factors such as academic achievements, field of study, financial need, extracurricular involvement, and leadership qualities.  C. Application Deadlines: Note the application deadlines for each scholarship and create a timeline to ensure you submit your applications well before the closing dates.  2. Crafting an Impressive Scholarship Application  A. Personal Statement: Write a compelling personal statement that showcases your passion for the chosen field of study, highlights your academic achievements, and outlines your future goals. Tailor your statement to reflect how studying abroad will contribute to your personal and professional growth.  B. Academic Achievements and Extracurricular Involvement: Emphasize your academic accomplishments, including grades, honors, awards, and participation in relevant competitions. Highlight your involvement in extracurricular activities, leadership roles, volunteer work, or community service.  C. Financial Need and Scholarships: Clearly articulate your financial need and explain how receiving a scholarship will alleviate the financial burden and enable you to pursue your studies abroad. Apply for Scholarship 3. Strategies for Obtaining Scholarships  A. Seek Guidance and Assistance: Reach out to educational consultants, career counselors, or scholarship advisors who can provide guidance and support throughout the application process. They can help you identify suitable scholarships and offer valuable advice on presenting your qualifications effectively.  B. Build a Strong Network: Engage with professionals, professors, and alumni who have experience with scholarships or studying abroad. Their insights and recommendations can be invaluable in securing scholarships.  C. Develop a Well-rounded Profile: Enhance your profile by participating in relevant workshops, internships, research projects, and conferences. This demonstrates your dedication, initiative, and commitment to academic and personal growth.  4. Financial Planning and Scholarship Opportunities  A. Explore Government Scholarships: Investigate scholarships offered by the Indian government and various state governments to support students studying abroad. These scholarships often cover tuition fees, living expenses, and travel costs.  B. Research University Scholarships: Many universities abroad provide scholarships, grants, and fellowships to international students. Visit university websites and explore the available options that suit your field of study and financial needs.  C. External Scholarships and Sponsorships: Look for scholarships offered by private organizations, foundations, and corporations that support international students. Stay updated on scholarship announcements and apply to those aligned with your academic pursuits.  Apply for Scholarship 5. Recommendation Letters  A. Selecting Recommenders: Choose individuals who know you well academically or professionally and can provide a strong endorsement of your abilities and potential. This could include professors, mentors, employers, or supervisors.  B. Requesting Recommendation Letters: Approach your recommenders well in advance and politely request their support. Provide them with relevant information, such as your academic achievements, career goals, and the scholarship you are applying for, to help them craft a personalized and persuasive letter.  C. Follow-up and Gratitude: Express your gratitude to your recommenders for taking the time to write the letters on your behalf. A thank-you note or email goes a long way in maintaining professional relationships.  6. Application Submission and Follow-up  A. Proofreading and Editing: Before submitting your application, thoroughly proofread and edit all the required documents. Check for grammatical errors, typos, and coherence of the content. Seek feedback from mentors or trusted individuals to ensure a polished application.  B. Submitting Documents: Submit your application along with all the required documents by the specified deadline. Follow the instructions carefully and provide all the necessary information accurately.  C. Follow-up and Status Updates: After submitting your application, if the scholarship committee allows it, periodically check the status of your application. Maintain professional communication and be prepared to provide any additional information or documents if requested.  7. Scholarship Interview Preparation  A. Researching the Interview Process: If your scholarship application progresses to the interview stage, familiarize yourself with the interview format and potential questions. Research the scholarship organization's values, goals, and previous interview experiences to gain insights into their expectations.  B. Practicing Interview Skills: Practice answering common interview questions and developing concise, articulate responses. Consider participating in mock interviews with friends, mentors, or career counselors to refine your communication skills and build confidence.  C. Showcasing Your Qualities: During the interview, emphasize your passion for your chosen field of study, highlight your achievements, and articulate how the scholarship will contribute to your personal and professional growth. Demonstrate your commitment, adaptability, and ability to thrive in a multicultural environment.  8. Additional Funding Options  A. Crowdfunding and Online Platforms: Explore crowdfunding platforms and online scholarship databases that connect students with potential donors or sponsors. Craft a compelling campaign to appeal to individuals who may be interested in supporting your educational journey.  B. Employer Sponsorship: Check if your current or future employer offers sponsorships or educational assistance programs for employees pursuing higher studies. Some companies provide financial support to employees who contribute to their organization's growth and development.  C. Alumni and Community Associations: Investigate if there are alumni or community associations related to your desired field of study or university. They may offer scholarships, grants, or mentorship opportunities to support students from their community.  9. Keeping Track of Deadlines and Opportunities  A. Organizing a Scholarship Calendar: Create a calendar to track scholarship application deadlines, submission requirements, and any upcoming opportunities. This ensures that you don't miss out on potential scholarships or important dates.  B. Stay Updated with Scholarship Announcements: Regularly check scholarship websites, educational forums, and social media groups focused on scholarships. Subscribe to newsletters or mailing lists that provide updates on scholarships for Indian students studying abroad.  C. Seek Professional Assistance: Consider engaging with educational consultants or scholarship advisors who specialize in helping Indian students secure scholarships for studying abroad. They can provide personalized guidance, recommend suitable opportunities, and assist with application preparation.  Securing a scholarship to study abroad as an Indian student requires dedication, thorough preparation, and effective application strategies. By researching scholarships, crafting a compelling application, seeking guidance, and exploring various funding options, you can increase your chances of turning your educational dreams into a reality. 

Nifty50 is one of the two leading stock indices used in India. The recent volatility in the market has caused a wave of shock amongst investors and traders. This article will address what has caused the current market volatility, and how you can deal with the same with a few tricks.  Reasons for the tank in the markets  The bearish view tightened its grip on the Indian equity markets on 13th June, as inflation concerns and fears of aggressive interest rate hikes by the US Fed spooked investors. Nifty tanked by 2.5%, breaking below the 15800 levels, and Sensex fell by 1500 points. All sectors bled in red, with banks, metals, and realty falling the most under selling pressure. The main reasons for this significant correction are:   High Inflation Rates: The consumer inflation rate in May, hit a 40-year high of 8.6% in the US and the CPI inflation is expected to stay above % in India.   Aggressive Rate Hikes: There was a significant gap in the markets opening on Monday. The global markets are witnessing a significant sell-off amid the fear of major interest rate hikes by the US Fed.  Crude Oil Price Volatility: Major losses were incurred by investors in the oil as both Brent Crude, and WTI Crude slipped by 1.4%.  Rupee Depreciation and FII Exit: The INR fell to a record low of Rs.78.15 against the US Dollar due to fear of high-interest rates and volatile crude oil prices. Also, there has been persistent selling of Foreign Institutional Investors (FIIs), which has weakened market sentiments. Nifty Performance Source: EduFund Research Team The graph shows the Nifty performance from June 2021 to June 2022.  The market fell significantly, touching the floor prices during the pandemic. Post this, the market started picking up in April 2021. The market continued to stabilize till October 2021, reaching 17500 levels. But this sweet story ended when the market faced a significant fall in November 2021.   The market rebounded in January 2022. It again reversed when the market fell to extreme lows amidst the geopolitical issues between Ukraine and Russia. It faced a significant fall in February, after which it quickly recovered in March.   But since mid-March, the market started falling due to various reasons like high inflation rates, FII exit, hikes in interest rates, and escalation of the Ukraine – Russia war.   This continuous fall has led to the Nifty falling to such an extent that it reached a 0% return over one year. The dotted line on the graph shows Nifty in June 2022 at the same level as Nifty in June 2021. What can you do as an investor?  Lumpsum Investment: A lumpsum investment can help you attain units of a Mutual Fund at a relatively cheaper NAV in the current market conditions. If you have a long investment horizon and a good risk appetite, invest in the mid-cap or small-cap funds, which will give you good capital growth when held for more than five years. In the case of a short to medium investment horizon, you could invest in a Hybrid fund, more like a Dynamic Asset Allocation fund, where you get the best of both equity and debt.  Rebalance your Portfolio: Now is the right time to rebalance your portfolio. If your portfolio has significant losses, you can balance it out in two ways.   You can average out your losses by buying more units of that fund or equity now at a lower price to reduce the total loss.   Allocate more funds in your portfolio to mutual funds and equity that have a value which means they have a potential for high growth and performance.  Invest in US ETFs: You can make the most of the INR depreciation by investing in the US Dollar market. There is a wide range of ETFs, namely, large-cap, small-cap, mid-cap, sectoral, etc. This is again the right time to invest in US ETFs as they are trading at significantly low prices. These funds expose you to the US Stock market with an expert managing your funds.  Power of Rebalancing  One fundamental matrix many investors use is portfolio rebalancing when there is high volatility. Portfolio rebalancing is moving closer to the initially decided asset allocation strategy.  The idea behind asset allocation is to balance risk and return in your portfolio by spreading your investment among different types of assets based on the market conditions. Source: EduFund Research Team Let's assume that here you have a SIP of Rs. 20,000 monthly. The asset allocation here is taken in Equity, Gold, and Debt.   A rebalanced portfolio captures the market better during upward market movement, whereas there is a lag or shortfall in the portfolio that is not rebalanced.   Moreover, even when the market returns are negative, an actively rebalanced portfolio ensures that the equity, debt, and gold allocation is done so that the portfolio still generates a positive return and efficiently captures the market volatility.  In June 2022, the percentage of Nifty returns (1 year) was 0. The monthly Nifty returns are at –4.53%. The rebalanced portfolio is at a positive level, whereas a non-rebalanced portfolio yields negative returns.  How do Advisors help you?  Investors are not required to go through the hassle of rebalancing the portfolio quarterly on their own. This is what RIAs are here for!  Registered Investment Advisors (RIAs) are certified and experienced to help you with periodical portfolio rebalancing. When your portfolio is not managed actively by an RIA, your portfolio's asset allocation remains unchanged throughout the period unless and until you change it on your own. But when an RIA manages your account, your portfolio is rebalanced periodically based on the market requirements.  Therefore, having an experienced RIA with expertise in the market makes your life easier and ensures that the portfolio volatility is maintained at minimum levels even with high market volatility. FAQs What is market volatility? Market volatility is a way to track price variation in a market and to check how the market performance will change and fluctuate. How much market volatility is normal? Market volatility is fairly common. Investor should watch their investments carefully. Price fluctuations across investments, if the volatility increases to a point of bear market scenario then its time to rethink your strategy. How can you lessen impact of market volatility? To minimize the effect of market volatility, investors should diversify their investments, choose low-risk investment baskets, rebalance your investments to avoid loss and to keep invested for the long run with expert guidance.  Consult an expert advisor to get the right plan for you TALK TO AN EXPERT

The stock market is not just a trading hub but also a real-time tool for monitoring the state's financial performance.   Having one of the strongest economies in the world, the stock markets in the United States are one of the most financially rewarding avenues for people interested in investing in company shares, derivatives, bonds, futures, commodities, and other financial instruments, which is why foreign investors keep an eye on US market trading hours.   Indian investors can now easily invest in the stock markets of the United States thanks to technological advancements. Through this article, you will get to know everything about the US stock market timing Regular trading hours in US time  The New York Stock Exchange (NYSE) and NASDAQ, in particular, open at 9.30 a.m. and close at 4 p.m. ET (Eastern Time), a time zone that encompasses the Eastern states of the United States and parts of Canada. On weekends and holidays, the stock exchanges are closed.  Every year, there are a few market half-days. Depending on the calendar, they may fall on July 3 or 5, the day after Thanksgiving, and Christmas night. The NASDAQ and NYSE both close at 1 p.m. ET on certain half-days.  Regular trading hours Indian time  Investing in India is critical to account for the time difference between the United States and India. The NYSE and NASDAQ open and close at 8 p.m. (IST) and 2.30 a.m. (IST) respectively.  Due to daylight saving time, this varies throughout the year (DST).   Eastern Standard Time, or EST, is a time zone observed throughout the United States throughout the autumn and winter months.   EDT is 9.5 hours behind IST because it is 4 hours behind Greenwich Mean Time (UTC - 4).  Source: Pixabay Daylight saving time  One factor to remember when it comes to stock market timing in the United States is the effect of daylight-saving time, which occurs when the country's clocks are ahead by one hour.   DST is observed from the second Sunday in March to the first Sunday in November. The stock markets in the United States open at 7:00 p.m. IST and close at 1:30 a.m. IST.  Eastern Daylight Time, or EDT, is observed during the summer and spring seasons. Compared to Greenwich Mean Time or UTC - 5, EST is 5 hours behind and 10.5 hours behind IST.  Pre-market and after-hours trading hours  Trading is done in the United States even outside of typical business hours. Pre-market trading runs from 8 a.m. to 9.30 a.m. ET, or 1:30 p.m. to 7 p.m. IST, while after-hours trading runs from 4 p.m. ET to 8 p.m. ET, or 1:30 a.m. IST to 5:30 a.m. IST.   However, one should be mindful of the hazards because of the poor liquidity, low volume of participants, and volatility associated with pre-market and after-hours trading. The investing platform will determine whether one can invest pre-market or after-hours.  The timings in IST for other US stock exchanges are given in the table below.  NameStateOpening Bell (in IST)Closing Bell (in IST)Boston Stock ExchangeMassachusettsIt was acquired by NASDAQ Inc. in 2007.Chicago Stock ExchangeIllinois7:00 PM1:30 AMInternational Securities ExchangeNew YorkIt is a wholly-owned subsidiary of NASDAQ Inc.Miami Stock ExchangeFlorida7:00 PM1:30 AMNational Stock ExchangeNew JerseyThis was acquired by the NYSE in 2017 and is now traded as NYSE National.Philadelphia Stock ExchangePennsylvaniaThis was also acquired by NASDAQ Inc. and is traded at NASDAQ as Nasdaq OMX PHLX. The two largest stock exchanges in the United States, NYSE, and NASDAQ have bought the bulk of regional stock exchanges. As a result, regional time zones do not affect the timings of US stock markets in India.  List of holidays observed by the US Stock exchange Holiday202220232024New Year’s Day—Monday, January 2 (New Year's holiday observed)Monday, January 1Martin Luther King, Jr. DayMonday, January 17Monday, January 16Monday, January 15Washington's BirthdayMonday, February 21Monday, February 20Monday, February 19Good FridayFriday, April 15Friday, April 7Friday, March 29Memorial DayMonday, May 30Monday, May 29Monday, May 27Juneteenth National Independence DayMonday, June 20 (Juneteenth holiday observed)Monday, June 19Wednesday, June 19Independence DayMonday, July 4Tuesday, July 4**Thursday, July 4**Labor DayMonday, September 5Monday, September 4Monday, September 2Thanksgiving DayThursday, November 24***Thursday, November 23***Thursday, November 28***Christmas DayMonday, December 26 (Christmas holiday observed)Monday, December 25Wednesday, December 25**** ** On Monday, July 3, 2023, and Wednesday, July 3, 2024, At 1:00 p.m., each market will close early (1:15 p.m. for qualified options).  On these dates, Crossing Session orders will be accepted starting at 1:00 p.m. for continuous executions until 1:30 p.m., while the late trading sessions for NYSE American Equities, NYSE Arca Equities, NYSE Chicago, and NYSE National will close at 5:00 p.m. All times are in Eastern Standard Time.  *** On Friday, November 25, 2022, Friday, November 24, 2023, and Friday, November 29, 2024, each market will close early at 1:00 p.m. (1:15 p.m. for qualified options) (the day after Thanksgiving).   On these dates, Crossing Session orders will be accepted starting at 1:00 p.m. for continuous executions until 1:30 p.m., while the late trading sessions for NYSE American Equities, NYSE Arca Equities, NYSE Chicago, and NYSE National will close at 5:00 p.m. All times are in Eastern Standard Time.  **** On Tuesday, December 24, 2024, each market will close early at 1:00 p.m. (1:15 p.m. for qualifying options).   On this date, Crossing Session orders will be accepted starting at 1:00 p.m. for continuous executions until 1:30 p.m., while the late trading sessions for NYSE American Equities, NYSE Arca Equities, NYSE Chicago, and NYSE National will close at 5:00 p.m. All times are in Eastern Standard Time. FAQs What are the trading hours in the USA? The New York Stock Exchange (NYSE) and NASDAQ, in particular, open at 9.30 a.m. and close at 4 p.m. ET (Eastern Time), a time zone that encompasses the Eastern states of the United States and parts of Canada. On weekends and holidays, the stock exchanges are closed. What time can Indians invest in USA stocks? Investing in India is critical to account for the time difference between the United States and India. The NYSE and NASDAQ open and close at 8 p.m. (IST) and 2.30 a.m. (IST) respectively.  What are Pre-market and after-hours trading hours in USA? Trading is done in the United States even outside of typical business hours. Pre-market trading runs from 8 a.m. to 9.30 a.m. ET, or 1:30 p.m. to 7 p.m. IST, while after-hours trading runs from 4 p.m. ET to 8 p.m. ET, or 1:30 a.m. IST to 5:30 a.m. IST. Consult an expert advisor to get the right plan for you TALK TO AN EXPERT

How to invest in Apple from India? This is a commonly asked question amongst Indian investors. And, why not? Apple is a Cupertino, California-based global technology business that designs, develops, and sells consumer goods, computer software, and internet services.   The iPhone smartphone, iPad tablet computer, MacBook, iPod portable media player, Apple Watch smartwatch, and Apple TV digital media player are among its hardware offerings.   The macOS and iOS operating systems, the iTunes media player, the Safari web browser, and the iLife and iWork creativity and productivity suites are all part of Apple's consumer software.   The company's online services include the iTunes Store, iOS App Store, Mac App Store, Apple Music, and iCloud.  Due to the dynamic leadership provided by Apple's founders, Steve Jobs, Steve Wozniak, and Ronald Wayne, the company has experienced significant financial and marketing growth.   Apple is the most valuable corporation in the world, with revenues of $274.3 billion and a market valuation of $2.4 trillion.   The answer to the company's progress lies in its tagline, which says, 'Think Different. It's no wonder it's been able to build significant money for its investors.  Source: Pixabay There are three prime reasons why you should consider investing in Apple (APPL)  It provides geographical diversity to your portfolio  The depreciation of the rupee vis-a-vis the dollar is also a prime reason.  The shares have provided stable handsome returns in history. The annualized average returns of apples are around 30.86%, which is more than anything on the plate!  Apple is one of the few stocks that should be in every investor's portfolio. Let's first look at some basic stuff before we proceed.  Latest market close$163.1752-week range116.21 - 182.94Dividend yield 0.88%Earnings per share$6.03Beta1.19Market Capitalization$ 2695 billionAverage Volume (3m)96,177,820PE ratio 27.09 Invest in Apple from India: 3 Ways to Invest 1. Direct way  You can directly trade in Apple from India by registering on a US brokerage account using platforms that provide this service or through a foreign brokerage with a direct presence in India.   To start with this, you only need your PAN card and proof of address.  2. The ETF way  One way to invest in Apple stocks from India is through an exchange-traded fund (ETF). ETFs are a grouping of stocks and bonds traded as a single fund.   They're comparable to mutual funds because they've invested in a pool of money. ETFs, on the other hand, are exchanged on the stock exchange and offer a simple and inexpensive way to gain access to a category of market or a group of companies.   Buying an ETF via a platform is one way to invest in ETFs. You can invest in the Russell 1000 Growth ETF or the Vanguard S&P 500 ETF, which contains Apple as one of its top holdings.  Another option for investing in Apple stocks from India is to purchase ETFs that invest in US indices such as the S&P 500. Apple is a holding of the Motilal Oswal S&P 500 Index Fund.   You don't need to create a US brokerage account to invest in these ETFs. However, tracking errors in these ETFs may influence your returns.  3. The Mutual Fund way  In this case, you will be investing in Funds of Funds, a domestic mutual fund that invests in a mutual fund available in the United States.   Since an investment will be in Indian rupees, there is no investment restriction. Apple is included in several mutual funds, such as the Nippon India US Equity Opportunities Fund, ICICI Prudential US Bluechip Fund, DSP US Flexible Equity, etc. but only to a minimal level.  Furthermore, this strategy may prove to be more costly. An annual expense ratio will be needed from you. The expense ratio of these funds is typically more significant, as it includes an additional expenditure levied by the core global schemes they invest in, in addition to the usual India fund administration fee.  A note of caution here is to remember to evaluate your risk profile before purchasing any investment. Directly investing in equities like Apple would be your portfolio's more significant risk strategy. FAQs How to invest in Apple from India? There are many ways to invest in Apple from India: directly in the stocks, through mutual funds, and through ETFs. The most efficient way to invest is through the EduFund App - all you need to do is download the App, set up your US account, and then start investing in US stocks and ETFs. Can I buy Apple shares? Yes, you can buy Apple shares from a third-party brokerage like EduFund. They allow you to invest directly and indirectly via mutual funds and ETFs on the App itself. Can Indians buy stock in Apple? Yes, Indians can buy stocks in Apple Inc via EduFund. All you need to do is open a US account and start investing from the comfort of your home. Consult an expert advisor to get the right plan for you TALK TO AN EXPERT

CBSE board is one of the most preferred education boards in India. This board is extremely popular with most Indian schools and highly prevalent in public schools. If you are a parent who is planning to enroll your child in a CBSE-board school, then here are some advantages and disadvantages of CBSE to weigh your decision.  Advantages and Disadvantages of the CBSE Board  Central Board of Secondary Education (CBSE) is a popular education board in India, which is preferred by many students and parents. However, like any other education board, CBSE also has its own set of advantages and disadvantages. In this article, we will discuss the various advantages and disadvantages of the CBSE board.  Advantages of CBSE Board  Comprehensive Curriculum: The curriculum offered by the CBSE board is designed to cater to the overall development of the students. It emphasizes not only academic knowledge but also encourages the development of critical thinking, problem-solving, and decision-making skills.  Nation-wide Acceptance: The CBSE board is recognized all over India, and the syllabus and examination pattern are uniform across the country. This makes it easier for students to switch schools, cities, or states without any difficulty in adapting to the new education system.  Common Entrance Exams: Most competitive entrance exams for engineering, medicine, and other professional courses are based on the CBSE syllabus. Hence, CBSE students have an edge over students from other boards when it comes to cracking these exams.  Focus on the English Language: CBSE schools place a strong emphasis on the English language, which is important for students looking to pursue higher education or jobs in India or abroad.  Ways to save for child education? Read More Disadvantages of the CBSE Board  Heavy Syllabus: The CBSE syllabus is extensive and can be overwhelming for some students. The board expects students to cover a vast number of topics, which can leave little time for extracurricular activities or pursuing hobbies.  Rote Learning: The CBSE board often focuses on rote learning, which can be a disadvantage for students who prefer a more practical approach to learning.  Limited Choice in Electives: The CBSE board offers limited choice in electives, which can be a disadvantage for students who are interested in pursuing subjects that are not part of the CBSE curriculum.  Limited Scope for Creativity: The CBSE board focuses more on academic achievements, leaving limited scope for students to explore their creative side.  Best child investment plan Read More Additional points to consider for CBSE Board  Emphasis on Science and Math: The CBSE board places a strong emphasis on science and mathematics, which can be an advantage for students interested in pursuing a career in these fields.  Continuity in Education: The CBSE board offers a smooth transition from secondary education to senior secondary education, as the curriculum is designed to build upon the knowledge gained in earlier years.  Teacher Training: The CBSE board provides adequate training to teachers, ensuring that they are equipped to deliver the curriculum effectively. This can be an advantage for students as it ensures quality education.  Limited Regional Language Exposure: The CBSE board offers limited exposure to regional languages, which can be a disadvantage for students who want to learn and explore their native language.  Heavy Reliance on Exams: The CBSE board places a heavy reliance on exams, which can be stressful for students who do not perform well under pressure. The board has been taking steps to reduce the emphasis on exams and promote continuous evaluation.  Lack of Flexibility: The CBSE board follows a rigid syllabus and exam pattern, leaving limited flexibility for schools and teachers to customize the curriculum to meet the needs of students.  Continuous Improvement: The CBSE board is constantly improving its curriculum and examination pattern to keep up with changing educational needs and standards. This ensures that students receive a quality education that is relevant to the current industry needs.  Multiple Assessment Options: The CBSE board has introduced multiple assessment options such as internal assessments, practical, projects, and other forms of continuous evaluation. This helps to reduce the stress and burden of exams on students and promotes holistic learning.  Limited Exposure to Humanities and Social Sciences: The CBSE board places a lesser emphasis on humanities and social sciences, which can be a disadvantage for students interested in pursuing a career in these fields.  Lack of Emphasis on Vocational Education: The CBSE board has limited emphasis on vocational education, which can be a disadvantage for students interested in acquiring practical skills and pursuing vocational careers.  Limited Choice in Language Options: The CBSE board has limited choice in language options, which can be a disadvantage for students who want to learn additional languages other than the ones offered by the board.  CBSE board has its own set of advantages and disadvantages. While the CBSE board offers a comprehensive curriculum and nationwide recognition, it may not be suitable for all students. It's essential to choose an education board that aligns with the student's interests, learning style, and future goals! 

A college cost calculator is an online tool that helps students, and their families estimate the total cost of attending college. It considers various expenses such as tuition, fees, room and board, books and supplies, and personal expenses. The calculator also considers the financial aid options available to the student, such as grants, scholarships, and student loans. The estimated cost is based on the specific college or university the student plans to attend.  Factors Considered by a College Cost Calculator  A college cost calculator considers various factors when estimating the cost of attending college. These factors include:  Tuition and Fees: The cost of tuition and fees varies from one college or university to another. The calculator considers the published tuition and fees for the specific college the student plans to attend.  Room and Board: The cost of room and board is another significant expense when attending college. The calculator estimates the cost of on-campus housing and meal plans based on the student's intended living arrangements.  Books and Supplies: Textbooks and other supplies can add up quickly. The calculator estimates the cost of books and supplies based on the student's intended major and course load.  Personal Expenses: Personal expenses such as transportation and entertainment can vary greatly. The calculator estimates these expenses based on the student's residency status and lifestyle.  Financial Aid: The calculator considers the financial aid the student may be eligible for, such as scholarships, grants, and student loans.  Expected Family Contribution: The calculator considers the expected family contribution, which is the amount the student's family is expected to contribute towards the cost of attendance. This is based on the family's income and assets.  How long to invest in SIP? Read More EduFund's College Cost Calculator: How it Works?  EduFund is a platform that helps families save for their children's college education. One of the tools that EduFund offers is a college cost calculator. The EduFund college cost calculator helps families estimate the total cost of attendance for different colleges and universities and identify potential sources of financial aid. Here's how it works:  Select the College: To use the college cost calculator, the user first selects the college or university they are interested in attending.  Enter Basic Information: The user then enters some basic information about themselves, including their income, assets, and the number of children they have.  Estimate Financial Aid: Based on this information, the college cost calculator estimates the amount of financial aid the student may be eligible for. This includes scholarships, grants, and other sources of aid.  Estimate Total Cost: The college cost calculator then estimates the total cost of attendance, including tuition and fees, room and board, books and supplies, and personal expenses.  Compare Schools: The user can then compare the estimated costs for different schools and make informed decisions about where to apply.  Calculate College Cost How parents gave started saving with EduFund?  Many parents have started using EduFund's college cost calculator to estimate the total cost of attendance for their children's college education. Once they have an estimate of the total cost, they can use EduFund's other tools to start saving for their children's education.  One of the benefits of using EduFund's college cost calculator is that it helps parents set realistic savings goals. By estimating the total cost of attendance and the amount of financial aid their children may be eligible for, parents can determine how much they need to save each month to cover the cost of college.  Why choose EduFund's College Cost Calculator?  There are several reasons why families should choose EduFund's college cost calculator over other similar tools. Here are a few of the main explanations:  Accuracy: EduFund's college cost calculator provides accurate estimates of the total cost of attendance and the amount of financial aid the student may be eligible for. This can help families plan their finances and make informed decisions about their higher education.  Comprehensive: The college cost calculator estimates all of the expenses associated with attending college, including tuition and fees, room and board, books and supplies, and personal expenses.  User-Friendly: The college cost calculator is user-friendly and easy to navigate. This makes it easy for families to estimate the cost of attendance and start saving for their children's college education.  Customizable: The college cost calculator is customizable based on the user's unique financial situation. This ensures that the estimates provided are accurate and reflect the user's specific needs.  Additional Resources: In addition to the college cost calculator, EduFund offers other resources and tools to help families save for college. By choosing EduFund's college cost calculator, families can ensure that they are getting accurate estimates of the cost of attendance and can start saving for their children's college education with confidence.  Conclusion  EduFund's college cost calculator provides families with a powerful tool to estimate college expenses and identify potential financial aid. By leveraging accurate information, families can make informed decisions and take proactive steps toward saving for their children's education.