Tag Archives: finance tips

As parents, we all want to raise happy, well-adjusted children who reach their full potential. Positive parenting offers a powerful approach to achieve this goal. It's not about spoiling your child, but fostering a nurturing environment that fosters their growth and development. At EduFund, we believe that positive parenting directly contributes to a child's success in education – and ultimately, life. Here, we'll explore what positive parenting is, its benefits, and how to put it into practice, all while laying the groundwork for a bright educational future. What is Positive Parenting? Positive parenting is a philosophy that goes beyond punishment and focuses on building strong, supportive relationships with your child. It's about setting clear expectations, offering encouragement, and fostering open communication. This approach is distinct from authoritarian parenting (strict rules, harsh punishments) and permissive parenting (few rules, limited consequences). Instead, positive parenting creates a balanced environment where children feel loved and respected, but also learn responsibility. Some key principles of positive parenting include: Respect and empathy: Acknowledge your child's feelings and validate their emotions. Boundaries and expectations: Set clear rules and explain consequences consistently. Positive reinforcement: Catch your child being good! Praise efforts and positive behavior. Open communication: Encourage dialogue, answer questions openly, and listen actively. Benefits of Positive Parenting The positive effects of positive parenting are undeniable. Children raised using these principles demonstrate: Stronger emotional intelligence: They understand and manage their emotions effectively. Healthy self-esteem: They develop a positive sense of self-worth and confidence. Improved social skills: They interact effectively with others and build positive relationships. Greater independence and responsibility: They learn to make decisions and take ownership of their actions. Better academic performance: They approach learning with a positive attitude and are more motivated to succeed. These skills translate into long-term success. Children raised with positive parenting are better equipped to navigate challenges, cope with stress, and build fulfilling careers and relationships. Putting Positive Parenting into Action Implementing positive parenting doesn't require drastic changes. Small adjustments can make a big difference. Here are some practical tips: Focus on positive reinforcement: Instead of constantly nagging, praise good behavior and effort. "Wow, you cleaned your room all by yourself! That's amazing!" Use "I" statements: Express your feelings without placing blame. "I feel frustrated when you leave your toys everywhere. Can we work together to find a solution?" Encourage problem-solving: Instead of dictating solutions, guide your child to think critically and find solutions on their own. Practice active listening: Give your child your full attention when they're talking. Validate their feelings and let them know you understand. Set realistic expectations: Consider your child's age and developmental stage when setting rules and consequences. Positive Parenting and Education Planning The principles of positive parenting seamlessly blend into successful education planning. Here's how: Fostering a love of learning: Create positive learning experiences at home through play, exploration and open-ended questions. Encouraging a growth mindset: Help your child see challenges as opportunities to learn and grow. Open conversations about education: Talk about future goals, educational aspirations, and the importance of a strong foundation. Building financial responsibility: Explain the value of investing and how EduFund helps you plan for their education. Join our WhatsApp community to learn more! Conclusion Positive parenting is a journey, not a destination. By fostering a supportive environment and open communication, you'll equip your child with the skills they need to thrive. Remember, positive parenting also contributes to preparing your child for a bright educational future. Explore our tools and resources at EduFund alongside your positive parenting journey, and feel free to share your experiences and ask questions in the comments below! Let's work together to raise confident, capable learners ready to embrace all that life has to offer.

Did you know that in the enchanting city of Gwalior, education goes beyond exams, books, computers and classrooms? It's a luxurious affair: its schools offer sports like horseback riding, archery, and shooting which Indian royalty loved! Let’s look at some of the most expensive CBSE, ICSE, boarding, and IB board schools in Gwalior. The annual fee for these schools is enough to make you want to save! https://www.youtube.com/watch?v=uQiFui_vZoY Schools in Gwalior Gwalior, a city steeped in history and cultural richness, has emerged as a prominent educational hub in Central India. With a diverse range of schools catering to varying curricula and pedagogical approaches, Gwalior offers a plethora of options for parents seeking quality education for their children. In this comprehensive exploration, we will delve into the vibrant world of schools in Gwalior, shedding light on their unique characteristics, educational philosophies, and contributions to the city's academic landscape. Quality Education in CBSE and ICSE Schools  Among the many boards of education available in Gwalior, schools affiliated with the Central Board of Secondary Education (CBSE) and the Indian Certificate of Secondary Education (ICSE) hold a prominent place. These schools adhere to well-structured curricula, providing students with a strong academic foundation that is recognized nationally. Schools in Mussoorie Read More CBSE Schools in Gwalior  CBSE schools in Gwalior follow the curriculum set by the Central Board of Secondary Education, a national board known for its standardized approach to education. These schools focus on providing a comprehensive education that prepares students for national-level competitive examinations. They offer a wide range of subjects, extracurricular activities, and resources to ensure holistic development. Here are 10 prominent CBSE schools in Gwalior, along with their approximate average fees and brief information:  The Scindia School: One of the most prestigious schools in Gwalior, it is an all-boys boarding school known for its holistic education. The average annual fee may range from INR 5 lakhs to 7 lakhs.  Mayo College Girls' School: This renowned girls' boarding school is known for its academic excellence and extracurricular activities. The average annual fee is approximately INR 4 lakhs to 6 lakhs.  Delhi Public School (DPS): DPS Gwalior is part of the DPS Society and offers quality education. The average annual fee ranges from INR 1.5 lakhs to 3 lakhs.  Kendriya Vidyalaya No. 1: A government-affiliated CBSE school with affordable fees, typically around INR 20,000 to 30,000 per year.  Campion School: Campion is a well-established CBSE school in Gwalior. The average annual fee is around INR 1.2 lakhs to 2 lakhs.  G.D. Goenka Public School: Known for its modern teaching methods and facilities, the average annual fee at GD Goenka may range from INR 2.5 lakhs to 4 lakhs.  Mount Litera Zee School: Offering quality education, this school may have an average annual fee of around INR 1 lakh to 2 lakhs.  Central Academy: A reputable CBSE school in Gwalior, it typically has an average annual fee of INR 40,000 to 60,000.  Aditya Birla Public School: Known for its strong educational foundation, the average annual fee at this school is approximately INR 1.5 lakhs to 3 lakhs.  Kendriya Vidyalaya No. 2: Another Kendriya Vidyalaya in Gwalior with affordable fees, usually around INR 20,000 to 30,000 per year.  If you want to know what to choose for your child in terms of private or public schooling, you can read this article. https://www.youtube.com/watch?v=SHO5JOKNty4 Schools in Dehradun Read More ICSE Schools in Gwalior  ICSE schools in Gwalior, on the other hand, follow the curriculum prescribed by the Indian Certificate of Secondary Education board. These schools emphasize a holistic education approach, placing significant importance on critical thinking, practical skills, and an in-depth understanding of subjects. The ICSE curriculum is known for its rigorous evaluation methods, which encourage students to think creatively and analytically. Here are 10 prominent ICSE schools in Gwalior:  The Sanskaar Valley School: An esteemed ICSE school known for its academic excellence and extracurricular activities. The average annual fee may range from INR 2.5 lakhs to 4 lakhs.  Gwalior Glory High School: A well-established ICSE-affiliated school in Gwalior, with an average annual fee of around INR 1.5 lakhs to 2.5 lakhs.  Columbia Convent School: Known for its holistic approach to education, the average annual fee at Columbia Convent may be approximately INR 60,000 to 1 lakh.  Little Angels School: This ICSE school focuses on providing quality education to its students. The average annual fee is typically around INR 40,000 to 60,000.  Scindia Kanya Vidyalaya: An exclusive girls' ICSE school, it offers a blend of academics and character development. The average annual fee may range from INR 2.5 lakhs to 3.5 lakhs.  Maharishi Vidya Mandir: Known for its Vedic education principles, the average annual fee at this ICSE school is approximately INR 40,000 to 60,000.  Delhi Public School (DPS): DPS Gwalior offers ICSE education as well. The average annual fee may range from INR 1.5 lakhs to 3 lakhs.  Saint Joseph's Convent School: This ICSE school has a reputation for academic excellence. The average annual fee is typically around INR 40,000 to 60,000.  Scindia Balika Vidyalaya: An exclusive girls' ICSE school affiliated with Scindia School, with an average annual fee ranging from INR 2.5 lakhs to 3.5 lakhs.  Cambridge School: Known for its quality education, the average annual fee at Cambridge School is approximately INR 60,000 to 1 lakh. Schools in Chennai Read More International Baccalaureate (IB) Schools in Gwalior  International Baccalaureate (IB) schools in Gwalior follow a curriculum that is renowned for its academic rigor and emphasis on developing well-rounded individuals. The IB program includes the Primary Years Program (PYP), Middle Years Program (MYP), and Diploma Program (DP), catering to students from elementary to high school. IB schools focus on nurturing critical thinking, creativity, and a sense of global citizenship.  Here are 10 IB schools in Gwalior:  Sagar Public School, Gwalior: This school offers the IB Primary Years Programme (PYP) and the IB Diploma Programme (DP). The average annual fee for the DP program may range from INR 3 lakhs to 4.5 lakhs.  Delhi Public School (DPS), Gwalior: DPS Gwalior also offers the IB Diploma Programme in addition to other curricula. The average annual fee for the IB DP program may be around INR 2.5 lakhs to 3.5 lakhs.  The Heritage School: Known for its international curriculum, the average annual fee for the IB program at The Heritage School may range from INR 3 lakhs to 4.5 lakhs.  Gems Cambridge International School: This school offers the IB Primary Years Programme (PYP) and the IB Middle Years Programme (MYP). The average annual fee may vary but could be around INR 2.5 lakhs to 4 lakhs.  Shishukunj International School: Shishukunj offers the IB Primary Years Programme (PYP) and the IB Middle Years Programme (MYP). The average annual fee for the IB programs may range from INR 2 lakhs to 3.5 lakhs.  Gwalior Glory High School: In addition to ICSE, this school also offers the IB Diploma Programme. The average annual fee for the IB DP program may be around INR 2.5 lakhs to 3.5 lakhs.  Kendriya Vidyalaya No. 1 (KV1): A government-affiliated school that may offer the IB Diploma Programme with a relatively lower fee, typically ranging from INR 30,000 to 50,000 per year.  Columbia Convent School: This school may offer IB programs with an average annual fee of approximately INR 2 lakhs to 3.5 lakhs.  Mount Litera Zee School: Known for its international curriculum, the average annual fee for the IB programs at this school may range from INR 1 lakh to 2.5 lakhs.  Maharishi Vidya Mandir: This school may offer IB programs with an average annual fee of around INR 1.5 lakhs to 2.5 lakhs. The Role of Parents in School Selection  In Gwalior, as in any city, parents play a pivotal role in selecting the right school for their children. Factors such as the school's location, fees, reputation, and teaching methodologies all weigh heavily in the decision-making process.  Parents often seek guidance from educational consultants, visit schools, attend open houses, and rely on word-of-mouth recommendations to make informed choices. Many parents also prioritize a school's extracurricular activities and facilities, recognizing the importance of a well-rounded education. Considerations for Choosing CBSE Schools  National Recognition: CBSE certifications are widely recognized across India, making them suitable for families with potential mobility or those seeking national-level career opportunities for their children.  Structured Approach: CBSE schools are known for their structured curriculum and standardized assessments, which some parents believe provide a more predictable and competitive educational environment.  Focused Preparation: If a child aspires to engineering or medical fields, CBSE schools often offer a strong foundation for the required competitive exams like JEE (Joint Entrance Examination) and NEET (National Eligibility cum Entrance Test).  Considerations for Choosing ICSE Schools  Holistic Education: Parents who prioritize a well-rounded education with an emphasis on critical thinking, creativity, and practical skills may find ICSE schools in Gwalior to be an ideal choice.  In-Depth Understanding: The ICSE curriculum encourages students to delve deeply into subjects, fostering a thorough understanding of concepts rather than rote memorization.  Global Perspective: ICSE education is often considered more globally oriented, making it a potential choice for families with international career aspirations for their children. Schools in Bangalore Read More Boarding Schools in Gwalior   In this comprehensive exploration, we will delve into the world of boarding schools in Gwalior, shedding light on their distinctive features, the advantages they offer, and the role they play in shaping well-rounded individuals.  The Scindia School: An esteemed all-boys boarding school with an annual fee ranging from INR 5 lakhs to 7 lakhs.  Mayo College Girls' School: This girls' boarding school may have an annual fee of approximately INR 4 lakhs to 6 lakhs.  Gwalior Glory High School: A co-educational boarding school with an average annual fee of around INR 3 lakhs to 4.5 lakhs.  The Heritage School: Known for its international curriculum, the average annual fee for boarding at The Heritage School may range from INR 4 lakhs to 6 lakhs.  Scindia Kanya Vidyalaya: An exclusive girls' boarding school affiliated with Scindia School, with an average annual fee ranging from INR 3.5 lakhs to 5 lakhs.  Delhi Public School (DPS): DPS Gwalior offers boarding facilities with an average annual fee that may be around INR 3 lakhs to 4.5 lakhs.  Mount Litera Zee School: The boarding facility at Mount Litera Zee School may have an average annual fee of approximately INR 2.5 lakhs to 4 lakhs.  Columbia Convent School: The boarding facility at this school may have an average annual fee of around INR 2 lakhs to 3.5 lakhs.  Aditya Birla Public School: Known for its strong educational foundation, the average annual fee for boarding at this school is typically around INR 3 lakhs to 4.5 lakhs.  Scindia Balika Vidyalaya: An exclusive girls' boarding school affiliated with Scindia School, with an average annual fee ranging from INR 3.5 lakhs to 5 lakhs.  The Boarding School Experience in Gwalior  Boarding schools in Gwalior are as diverse as the city itself, offering a range of educational philosophies, curricula, and facilities. Some cater exclusively to boys, some exclusively to girls, and others are coeducational. The choice of a boarding school often depends on a family's values, preferences, and the specific needs of the student.  How can you keep up with Education Costs? The cost of education rises every year by 10-11%. The best way to keep up is to invest your money in options that beat this inflation. Mutual Funds tick all the right boxes in this arena. They allow you to park your money and provide healthy returns that can beat education costs. These are the top schools in Gwalior that you can shortlist for your kid’s future. Need help saving for these high fees? Then, download the EduFund App and find the best savings plan that can help you pay for these fees without breaking the bank.  Invest Now FAQs Which is the most expensive school in Gwalior? The most expensive school in Gwalior can vary depending on factors like curriculum, facilities, and reputation. Schools such as The Scindia School and DPS Gwalior are known for their premium fees and quality education. Is Gwalior a good city for students? Yes, Gwalior is a good city for students. It has a rich educational heritage with a variety of schools, colleges, and universities. The city's cultural and historical significance adds to the overall learning experience, making it an excellent choice for students. Is Gwalior a costly city for child education? The cost of child education in Gwalior can vary. While there are affordable options available, some schools, especially international and boarding schools, can be relatively costly. However, the city provides a range of educational choices, allowing parents to find options that suit their budget and preferences.

Planning for college abroad can be exciting, but navigating the financial aspects can be daunting. One crucial term you'll encounter is the cost of attendance. This term refers to the entire cost of studying at a university; it includes tuition, living expenses, books, food, accommodation and other necessary costs that a student may encounter while at college. Let's do a deep dive and understand what the cost of attendance is, what it includes and how the cost of attendance is calculated. What is the Cost of Attendance? The COA is the estimated total cost of attending a college or university for one academic year. It considers tuition fees as well as living expenses like accommodation, food, books, and miscellaneous costs. Think of it as a college's budget blueprint for a typical student. Use the College Cost Calculator to Find Out the Cost of Attendance for Any University! What's included in the Cost of Attendance? The core components of the cost of attendance are similar across countries, but there might be slight variations. Here's a breakdown: Direct Costs: These are fees paid directly to the institution. They include: Tuition and fees: This is the core academic cost, varying significantly based on the program and college. Housing: On-campus residence halls or dorms come with a fixed fee. Meal Plans: Many colleges offer meal plans for on-campus dining, with varying costs depending on the meal frequency. Indirect Costs: These are estimated expenses for student needs beyond the college. They include: Books and Supplies: Textbooks, notebooks, and course-specific materials. Transportation: Commuting costs (buses, passes) or personal vehicle expenses (fuel, insurance). Personal Expenses: Laundry, toiletries, phone plans, entertainment, etc. Example of US University and its Cost of Attendance Let's consider New York University (NYU) amongst USA universities. Their undergraduate COA for the 2023-2024 academic year is around $83,280. This includes: Direct Costs: Tuition and fees: $58,328 Room and board (on-campus): $24,952 Indirect Costs: Books and supplies: $1,800 Transportation: $1,200 Personal expenses: $7,000 (estimated) Example of UK University and its Cost of Attendance The UK system has tuition fees set by the government, with some variation between UK universities. For instance, University College London (UCL) estimates a COA of £29,000 (approx. ₹33.8 lakh) for international undergraduates in 2023-2024. This includes: Tuition fees: Around £19,000 (approx. ₹22.3 lakh) Living expenses: This can vary depending on location and lifestyle, but UCL estimates around £10,000 (approx. ₹11.7 lakh) for accommodation, food, and other costs. Example of Canadian University and its Cost of Attendance Universities in Canada generally have lower tuition fees compared to the US. The University of Toronto estimates a COA of CA$30,000 (approx. ₹1.7 lakh) for international undergraduates in 2023-2024. This includes: Tuition fees: Around CA$20,000-25,000 (approx. ₹1.15-1.45 lakh) depending on the program. Living expenses: Around CA$10,000 (approx. ₹58,000) for accommodation, food, and other costs. Key Differences to Consider Government Support: The US has minimal government support for undergraduate education, leading to higher tuition fees. The UK and Canada have a mix of government funding and tuition fees, resulting in a generally lower COA. Living Expenses: The cost of living in major cities like New York can significantly inflate the US COA compared to smaller towns in Canada or the UK. Consult an Expert FAQs Is the COA negotiable?  Generally not. However, some colleges might offer merit-based scholarships or need-based financial aid that can reduce your overall cost. Can the actual cost be different from the COA? Yes. Your spending habits can affect indirect costs. You might find cheaper housing options or save on transportation. How do I find the COA for a specific college?  Most colleges prominently display the COA on their website's financial aid section. Is studying abroad always more expensive than in India?  Not necessarily. The COA can vary depending on the college, program, and lifestyle choices. Does the cost of attendance change every year? Yes, cost of attendance increases every year as the cost of studying rises. Due to inflation and high demand for universities across the world, the cost of attendance for most universities goes up by 3-4% annually.

As we have stepped into 2024, although the year has changed, what has remained constant is parents' worry about rising inflation and education costs. Despite the uncomfortably high inflation (5.69, general, as of Dec. 2023), these rising figures do not reflect the hardship brought on by rising education costs. According to one news article, education inflation is higher(twice) than the inflation rate. Education costs include tuition fees, co-curricular fees, and other fees. Parents can consider the investment a suitable tool to mitigate these worries and the inflation risk.  When parents start investing in their child's future early, it is always beneficial as they will see the magic of compounding over the years. Along with inflation, the return on investment will also rise. One can beat rising inflation by making the right decision at the right time.  Generally, when a person wants to start investing, there are a few parameters that he needs to keep in mind before planning.  What amount does an investor want to invest? The investment amount should be pre-decided, like the amount you are ready to start your journey. (E.g. An investor can start an SIP with an amount as low as ₹100)  What is the time horizon? The asset class to be invested in will depend on the time horizon. Generally, the longer the time horizon, the greater the risk an investor can take and vice versa. Therefore, the investor should decide when he would require the money, and based on that, he can consider the risk he can undertake.  What is the risk appetite of that investor? Every asset class has different risk characteristics. Few asset classes are considered highly risky, such as equity funds, but rewarding, whereas few other asset classes, like debt funds, can be less risky but have low return potential. The risk appetite will depend on factors such as time in hand, the financial position of the investor, the amount of investment, certainty of the cashflows or income, etc. Considering these factors, the investor should decide his risk appetite and which asset he can invest in.  Considering this, the following are a few investment options that people generally undertake:  FD (Fixed Deposit) – A traditional tool of investment that provides steady returns of 5-7% over the period, but the return on FD generally fails to beat inflation.  PPF – A secure investment that provides a 7-8% (est.) return on your investment. It falls under the EEE(Exempt-Exempt-Exempt) concept, which means the principal amount, the interest earned, and the maturity amount of PPF are completely Tax-free.  LIP – Endowment plans are offered by life insurance companies that facilitate both risk protection and investment options, and many people consider these for the child’s investment planning.  Gold – Gold is one of the most popular investment options that act as a hedge against inflation.  Real estate – Although real estate provides decent return potential, it has limitations, such as high-ticket size, high transaction costs, high maintenance costs, illiquidity, etc.  If we look at all the above asset classes, they all come with various limitations, the primary and the most important being their underperformance against the elevated education inflation. Therefore, the investors lose their money in real terms if the investment cannot beat the education inflation, which is often seen in the case of the above asset classes. However, one asset class offers a solution to this and many other problems.   Mutual Funds - Investment in mutual funds is an excellent option. Mutual funds offer different products for the different needs of the investors. There is always a product available for every need of the investors. For example, investors can consider debt funds for short-term time horizons, which offer better return potential than bank deposits with lower risk. Hybrid funds can be considered for medium-term time horizons, providing limited growth potential and portfolio stability. Equity funds are suitable for long-term time horizons, which provide high growth potential with reduced volatility over a longer duration. Apart from this, mutual funds offer benefits such as professional money management, liquidity, diversification, lower ticket size, etc. Thus, parents can start their investment journey by regularly investing through SIP or one-time investment through lumpsum.  Top Performing Mutual Funds Following are some of the top-performing mutual funds from different categories:  Fund Name Category Sub-category Inception AUM  (Rs Cr) Expense Ratio 3Y Return  5Y Return  Nippon India Small Cap Fund Equity Small Cap 01-01-2013 43,816 0.67% 41.76% 30.94% HDFC Mid Cap Opportunities Fund Equity Mid Cap 01-01-2013 56,033 0.80% 32.32% 24.97% SBI Contra Fund Equity Contra 01-01-2013 21,482 0.69% 32.20% 26.29% DSP Nifty 50 Equal Weight Index Fund Equity Index (Large) 23-10-2017 1,004 0.40% 21.79% 18.48% HDFC Balanced Advantage Fund Hybrid Balanced Adv. 01-01-2013 73,349 0.80% 26.29% 19.43% ICICI Prudential Multi-Asset Fund Hybrid Multi-Asset 01-01-2013 30,650 0.84% 25.51% 19.79%  Note – All are Direct Plan and Growth Option; AUM and Expense ratio are as of December 31, 2023; 3Y/5Y returns are annualized and as on January 29, 2024  Source - valueresearch.com  Nippon India Small Cap Fund Nippon India Small Cap Fund is among the best performers and has consistently outperformed the category over the last 1/3/5/7/10 years.  It has delivered the highest returns in the category over the last 7 and 10 years and has been in the top 3 over the three and 5-year period.  The fund has delivered the best risk-adjusted returns over the last three years, depicted by the highest Sharpe ratio.  HDFC Mid Cap Opportunities Fund HDFC Mid Cap Opportunities Fund is the largest fund in the mid-cap space with an AUM of Rs. 56,033 crores and is the only fund in the category to have an AUM of more than Rs. 50,000 crores.    The fund has consistently outperformed the category and the mid-cap index over all the 1/3/5/7/10 years.  The fund has delivered better returns per unit of risk, depicted by the lower standard deviation and the beta compared with the category average.  SBI Contra Fund The fund follows a contrarian strategy while investing in equity and provides exposure to companies of all sizes.  The fund has been in existence for approximately 25 years and has generated a since inception return of 17.13% for its direct plan as of January 29, 2024.  The fund has delivered the best risk-adjusted returns in the category, as depicted by the highest Mean Return, Sharpe Ratio, Sortino Ratio and Alpha.  DSP Nifty 50 Equal Weight Index Fund This fund tracks the Nifty 50 Equal Weight TRI, providing exposure to large-cap equities where the probability for alpha generation is very low.    Compared with the Nifty 50 TRI, the Nifty 50 Equal Weight Index TRI has delivered better returns with lower volatility over a long-term period.  The fund has delivered an alpha of 4.23%, whereas the other funds in the category have barely managed to generate the alpha in the last three years.  HDFC Balanced Advantage Fund HDFC Balanced Advantage Fund is one of the oldest funds in India and is the largest fund in the balanced advantage category, with an AUM of Rs. 73,349 crores.  The fund has been the top performer in the category for over 1/3/5 years and has delivered an impressive return of 16.15% for its direct plan since its inception.  Although the fund has been volatile more than the category, it has delivered a significantly higher alpha of 10.98% compared to the category average of 2.62% over three years.  ICICI Prudential Multi-Asset Fund ICICI Prudential Multi-Asset Fund has the largest AUM of 30,650 crores in the category.  The fund provides exposure to various asset classes such as equities, debt, real estate, commodities, etc.  It has delivered a significantly higher alpha of 11.90% against the category average of 4.70% over the three years.  Note: All the details of the funds mentioned above are of direct plan growth option unless otherwise specified and as of January 29, 2024.   Source: valuereasearch.com  Investing in your child's future will provide a world-class education to help them remain competitive among peers. Here, competitive means allowing them to be well-settled with their career choices and to live a confident and happy life. The sooner you start, the better you can provide for your child eventually.  Choosing the right plan and sticking to your investment decision will reward you with an extensive corpus. Investors can research before selecting any fund or consult a financial advisor who can give investment advice suitable to their risk appetite.  Happy Investing!  Disclaimer - Mutual Fund investments are subject to market risks, read all scheme related documents carefully. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. The mutual fund schemes mentioned are only for educational and informational purposes, and no investment is recommended. 

Ranchi, the capital city of Jharkhand, is not just a hub of natural beauty but also a center for quality education. Among its numerous educational institutions, some stand out not just for their academic excellence but also for the hefty price tag that accompanies them. In this article, we delve into the most expensive schools in Ranchi, offering a glimpse into the educational institutions that set the bar for luxurious learning. Create an Investment Goal for your child's education at Rs. 1000! 1. Bishop Westcott Boys' School: Nestled in the heart of Ranchi, Bishop Westcott Boys' School is a name synonymous with quality education and a heritage that dates back to colonial times. This prestigious institution boasts modern facilities and a commitment to academic excellence. The average bi-monthly fees here range from INR 6,000 to 9,000, making it one of the reputed educational institutions in Ranchi. 2. Delhi Public School, Ranchi: A part of the renowned DPS Society, Delhi Public School in Ranchi is known for its holistic approach to education. With state-of-the-art infrastructure and a focus on nurturing well-rounded individuals, the monthly fees at this institution hover around INR 5,000 for lower classes to 7,000 for senior classes. 3. ODM Sapphire Global School: ODM Sapphire Global School is a premium institution in Ranchi, offering a global curriculum and a commitment to providing a well-rounded education. Parents investing in their child's education here can expect to pay an average annual fee ranging from INR 1,20,000 to 2,50,000. 4. Sarala Birla Public School Known for its rich educational legacy and commitment to moral and academic values, Sarala Birla Public School, Mahilong stands among the elite schools in Ranchi. The average session fees at this institution range from INR 5,100 to 5,500 for classes 1 to 12. The admission fees range between 37,000 to 50,000 based on the grade the child is entering. 5. Oxford Public School: Oxford Public School, with its emphasis on academic rigour and holistic development, is another noteworthy institution in Ranchi. Parents seeking enrollment for their children should be prepared for an average annual fee ranging from INR 20,000 to 50,000. 4 reasons to invest in your child's education! Investing Strategically for Your Child's Education: A Prudent Move As parents aim to provide the best possible education for their children, the financial commitment involved in these prestigious schools can be substantial. Beyond the immediate expenses, strategic financial planning becomes crucial to ensure a seamless journey through the academic years. One of the most effective ways to secure your child's educational future is through mutual funds. Why Mutual Funds for Education? Diversification: Mutual funds spread investments across various asset classes, reducing risk. Professional Management: Fund managers with expertise make investment decisions on behalf of investors. Flexibility: Investors can choose funds based on their risk appetite and financial goals. Affordability: Starting with as little as Rs. 1000 makes mutual funds accessible for all. Most Expensive Schools in Noida How to Get Started? Define Your Goals: Clearly articulate the educational goals you are saving for. Use the College Cost Calculator by EduFund to know the future cost of education across the world. Risk Assessment: Understand your risk tolerance and choose funds accordingly. Consult a Financial Advisor: Seek professional advice to tailor your investment strategy. Start Early: The earlier you start, the more time your investments have to grow. In conclusion, while the cost of education at prestigious schools in Ranchi may be significant, strategic financial planning can make this journey more manageable. Mutual funds present an excellent avenue for parents to build a substantial corpus for their child's education. The key is to start early, stay disciplined, and leverage the power of compounding to make those educational dreams a reality. With mutual funds, the path to securing your child's educational future becomes not just a financial choice but a smart and achievable one.

Becoming a first-time parent is an incredible journey that brings a mix of excitement, joy, and a touch of apprehension. As you prepare to welcome your little bundle of joy into the world, it's natural to feel overwhelmed by the responsibilities that lie ahead. From financial planning to nurturing your baby's development and balancing work and parenthood, there's a lot to consider. In this comprehensive guide, we will equip you with the knowledge and tools to navigate parenthood with confidence while also focusing on savings. So, let's dive in and embark on this remarkable adventure together! https://www.youtube.com/watch?v=tdwqQH0xkFw Beginner's Parenting Guide | First Timers 1. Preparing for Parenthood a) Financial Planning: Parenthood comes with financial responsibilities, so it's crucial to assess your current financial situation and set realistic goals. Consider the costs of pregnancy, childbirth, and postnatal care, as well as ongoing expenses like diapers, formula, clothing, and healthcare. By understanding your financial standing, you can plan and budget effectively. b) Creating a Budget: Creating a comprehensive budget is an essential step in managing your finances as new parents. Track your income and expenses, and allocate funds for essential items while prioritising savings. Look for ways to cut costs and save money by comparing prices, buying second-hand items, or opting for cost-effective alternatives. c) Building an Emergency Fund: An emergency fund acts as a safety net for unexpected expenses. Aim to save at least three to six months' worth of living expenses, so you're prepared for any unforeseen circumstances that may arise. d) Insurance Coverage: Review your health insurance policy to understand the coverage for prenatal care, childbirth, and paediatric care. Additionally, consider life insurance and disability insurance to protect your family financially in case of unfortunate events. https://www.youtube.com/watch?v=znmIpoajuvY 2. Nurturing Your Baby a) Feeding and Nutrition: Consult with a paediatrician to determine the best feeding method for your baby—whether breastfeeding or formula feeding. Ensuring your baby receives proper nutrition is essential for their growth and development. b) Sleep and Bedtime Routine: Establishing a consistent bedtime routine can promote healthy sleep habits for both you and your baby. Create a calm and soothing environment that encourages restful sleep. c) Diapering and Potty Training: Choose between disposable and cloth diapers based on your preferences and budget. As your child grows, follow a structured potty training program to transition from diapers successfully. d) Health and Wellness: Regular check-ups with a paediatrician are vital to monitor your baby's growth, development, and overall well-being. Stay up-to-date with vaccinations and seek medical advice whenever necessary. https://www.youtube.com/watch?v=NKh7YxTo9yc 3. Childproofing Your Home a) Safety Measures: Identify potential hazards in your home and take the necessary steps to eliminate them. Install safety gates, outlet covers, and cabinet locks, and secure furniture and heavy objects to prevent accidents. b) Baby proofing Checklist: Take precautions to create a safe environment for your little explorer. Remove small objects and choking hazards from their reach, and ensure all electrical outlets are secured. Education Planning Advice for New Parents Read More 4. Early Childhood Education a) Reading and Language Development: Start reading to your baby from an early age to promote language development and foster a love for books. Provide age-appropriate books and engage in interactive reading sessions to stimulate their imagination. b) Cognitive and Motor Skills: Encourage exploration and play to stimulate cognitive and motor skills. Provide toys and activities that promote problem-solving, creativity, and physical development. c) Social and Emotional Development: Create a nurturing and supportive environment for your child's social and emotional development. Encourage social interactions with other children and family members, and foster emotional expression by listening and responding to their needs. https://www.youtube.com/watch?v=peDFdmed0Nw 5. Building a Support System a) Seeking Parenting Resources: Expand your knowledge by reading books, articles, and online resources related to parenting. Attend parenting classes or workshops to learn from experts and gain valuable insights. b) Joining Parenting Communities: Connect with other parents through local groups, online forums, or social media platforms. Share experiences, seek advice, and build a support network that understands the joys and challenges of parenthood. c) Seeking Professional Help: Remember, it's okay to ask for help. Consult professionals such as paediatricians, therapists, or lactation consultants when needed. If you're feeling overwhelmed or experiencing postpartum depression, reach out for the support you deserve. Financial Goals for Millennial Parents Read More 6. Balancing Work and Parenthood a) Maternity and Paternity Leave: Understand your rights and benefits regarding maternity and paternity leave. Plan for the transition back to work and explore childcare options that align with your needs. b) Flexible Work Arrangements: In today's world, flexible work arrangements are increasingly common. Consider remote work options or flexible hours that can accommodate your parenting responsibilities. Open communication with your employer about your needs is crucial. c) Childcare Options: Research and choose the best childcare option for your family. Explore daycare centres, in-home care, or nanny services based on your preferences, budget, and availability. Financial Planning Tips for Parents Read More 7. Saving for Your Child's Future a) College Savings Plans: Research and open a college savings account, such as a 529 plan. Contribute regularly to save for your child's future education expenses. Starting early gives you more time to grow your savings. b) Investment Options: Explore long-term investment options to grow your savings. Consult with a financial advisor to make informed decisions based on your financial goals and risk tolerance. c) Teaching Financial Literacy: Educate your child about money management and saving from an early age. Encourage responsible spending habits, introduce the concept of saving, and teach them the value of delayed gratification. https://www.youtube.com/watch?v=BD_LIbnYDFQ 8. Self-Care for Parents a) Managing Stress: Parenthood can be overwhelming at times, so it's crucial to prioritise self-care activities. Practice mindfulness, engage in regular exercise, and indulge in hobbies that bring you joy and relaxation. b) Prioritising Time for Yourself: Carve out time for yourself to recharge and rejuvenate. Seek support from your partner, family, or friends to take breaks when needed. Remember, taking care of yourself enables you to be the best parent you can be. c) Seeking Support and Help: Don't hesitate to reach out for help when you need it. Whether it's leaning on your support system or seeking professional assistance, know that you're not alone on this journey. Conclusion Becoming a first-time parent is a transformative experience filled with countless moments of love, growth, and discovery. By following this comprehensive guide, you can navigate the joys and challenges of parenthood with confidence while also focusing on savings. Remember to cherish the precious moments, embrace the adventure, and prioritise your child's well-being, your own self-care, and seek support when needed. Parenthood is an extraordinary journey, and you're ready to embark on it with all the love and dedication in your heart. Enjoy every step along the way! FAQs What financial planning should I do before welcoming my baby? Assess your finances, create a budget, build an emergency fund, and review your insurance coverage. What are some ways to support my child's early development? Read to them, provide stimulating toys and activities, and encourage social interactions. How can I ensure my baby receives proper nutrition? Consult a paediatrician to determine the best feeding method (breastfeeding or formula) for your baby. How can I balance work and parenthood? Understand your leave options, explore flexible work arrangements, and choose the best childcare solution for your family. Talk To An Expert

ICICI Prudential Mutual Fund is the second-largest asset management company in India. With over Rs 5 Lakh crore, the AMC is among the most trusted names in the mutual fund space. ICICI offers products across asset classes. https://www.youtube.com/watch?v=tdwqQH0xkFw ICICI Prudential India Opportunities Fund Investment Objective The scheme's primary objective is to generate long-term capital appreciation by investing in opportunities presented by special situations such as corporate restructuring, Government policy and/or regulatory changes, companies going through temporary unique challenges, and other similar instances.  Investment Process   Concentrated portfolio: The scheme would take concentrated exposure to high-conviction stocks.  Market cap and sector Agnostic: The scheme has the flexibility to invest across market caps. Also, the scheme may take aggressive sectoral positions.  Bottom-up Approach: The investing style is a bottom-up stock picking style because the core of its investment strategy is identifying companies in special situations requiring rigorous 360-degree stock research.  Portfolio Composition  The fund had invested more than 66.49% of the funds in large-cap companies, 28.94% in mid-cap companies, and the remaining 4.57% in small-cap companies. Also, the fund is diversified across various sectors such as Pharma & Biotechnology, Automobiles, Banks, Telecom-Services, Finance, etc. The top five sectors hold approximately half of the portfolio. Note: Data as of 30th June. 2023. Source: ICICI Pru AMC, Value Research  Top 5 Holdings Name Sector Weightage % Oil and Natural Gas Corporation Ltd. Oil 9.03 Sun Pharmaceutical Industries Ltd. Pharma and Biotech 7.76 Bharti Airtel Ltd. Telecom Services 6.76 NTPC Ltd. Energy 6.40 Infosys Ltd. Information Technology 5.40 Note: Data as of 30th June 2023. Source: ICICI Pru AMC Performance Since Inception  If you had invested 10,000 at the fund's inception, it would now be valued at Rs 22,240. Note: Fund performance as of 30th June 2023 since launch; Inception Date:15th January 2019.  Source: icicipruamc.com  The fund has performed consistently and has generated an annualized return of 19.64% since inception. The fund has outperformed both benchmarks consistently.  Invest in Fund Fund Manager  Mr. Sankaran Naren and Mr. Roshan Chutkey ably manage the fund. Mr. Sankaran Naren has over 31 years of experience, and Mr. Roshan Chutkey has over 14 years of experience.  Who Should Invest?  The scheme is suitable for investors with an appetite for volatility and who would like to benefit from taking concentrated stock bets. Investors looking to benefit from investment opportunities presented by special situations such as corporate restructuring, Government policy and/or regulatory changes, companies going through temporary unique challenges, or other similar instances face time to time may consider investing in the scheme.  Why Invest in ICICI Prudential India Opportunities Fund?  Special situations are unique situations that companies may face from time to time.   These situations present an investment opportunity to a fund manager who can foresee and interpret the implications of that opportunity.  ICICI Prudential India Opportunities Fund has performed consistently following this investment strategy.    Ideal Time Horizon  One should look at investing for a minimum of five years or more.  Investment through Systematic Investment Plan (SIP) may help tackle broader equity market volatility.  Conclusion  The scheme provides access to well-researched companies currently undergoing special situations and provides a higher return potential. This allows investors to generate high returns over the long term by taking aggressive risks. Also, the fund has consistently outperformed its benchmark. Hence, investors seeking to invest for a long-term time horizon to generate high returns with higher risk through exposure to the banking and financial sector can consider this fund.  DisclaimerThis is not recommendation advice. All information in this blog is for educational purposes only.

Incorporated on December 10, 1999, HDFC Asset Management Company Ltd. is among India's most popular fund houses. HDFC Mutual Fund launched its first scheme in July 2000, and ever since it has been ambitious about offering a stable performance of funds across all the variants of schemes it offers. The HDFC Mutual Fund is managed by HDFC Asset Management Company (HDFC AMC) Limited.  Let us talk about the consumer product – HDFC Mid-Cap Opportunities Fund  https://www.youtube.com/watch?v=h0xun9aaj9s HDFC Mid-Cap Opportunities Fund  Investment Objective The primary objective is to provide long-term capital appreciation/income by investing predominantly in mid-cap companies.   Investment Process  To follow a stock-specific approach  Construct the portfolio on a bottom-up basis  Focus on good quality companies at acceptable valuations  Long-term orientation (resulting in low portfolio turnover)   Stick to the circle of competence  Portfolio Composition  The fund had invested 92.54% of its assets in equity & equity-related stocks, and significant sectoral exposure is to Finance, which accounts for roughly 11.89% of the portfolio. Note: Data as of June 30, 2023 Source: HDFC MF https://www.youtube.com/watch?v=UHYimOpW9Pw Top 5 Holdings  Name Weightage % Indian Hotels Company Ltd. 4.39 Cholamandalam Investment & Finance Co. Ltd. 3.66 Max Healthcare Institute Ltd. 3.65 Tata Communications Ltd. 3.58 Apollo Tyres Ltd.  3.30 Note: Data as of June 30, 2023. Source: HDFC MF  Performance    This Fund S&P BSE 150 MidCap TRI Equity: Mid Cap 1 Year 34.64% 24.82% 23.13% 3 Years 36.45% 33.34% 31.71% 5 Years 18.04% 16.83% 17.05% 10 Years 22.38% 20.17% 21.05% Note: Data as of June 30, 2023. Source: Value Research  Invest In Fund Fund Manager  Mr. Chirag Setalvad (Since June 28, 2014) has over 25 years of experience, of which 18 years in Fund Management and Equity Research and three years in Investment Banking. Before HDFC, he worked at New Vernon Advisory Services and started his career at ING Barings in India.   Who Should Invest in HDFC Mid-Cap Opportunities Fund?  Investors looking to generate higher returns by taking exposure to mid-cap equities can consider this fund. However, investors need to understand the aggressive risk exposure of this fund.  Why Invest in this Fund?  Opportunity to invest in a portfolio of predominantly mid-sized companies.  Aims to provide diversification to an investor’s overall equity mutual fund portfolio.  Experienced fund management and research teams with a track record of managing equity assets across market cycles.  Emphasis on risk management – portfolio diversification across stocks and sectors; focus on good quality businesses.  One of the largest funds in the mid-cap category with a track record of more than 15 years.  Time Horizon  One should look at investing for at least three years or even more.  Investment through Systematic Investment Plan (SIP) may help in tackling the volatility of the broader equity market.  Conclusion  The HDFC Mid-Cap Opportunities Fund has a proven track record of over 15 years, with an Asset Under Management of ₹42,731.64 Cr as on  June 30, 2023. The fund has consistently outperformed both the benchmarks and the category average also. Therefore, investors looking to generate wealth over the long term can consider this fund with an understanding of high risk.   DisclaimerThis is not recommendation advice. All information in this blog is for educational purposes only.

UTI is one of the pioneers of the Indian Mutual Fund Industry. With an AUM of more than Rs 2.4 Lakh crore, the AMC is among the most trusted names in the mutual fund space. The UTI Mutual Fund offers products across asset classes. https://www.youtube.com/watch?v=tdwqQH0xkFw UTI Nifty50 Equal Weight Index Fund  Investment Objective The investment objective of the scheme is to provide returns that, before expenses, correspond to the total return of the securities as represented by the underlying index, which is Nifty50 Equal Weight TRI, subject to tracking error.  Investment Process   UTI Nifty50 Equal Weight Index Fund follows a passive style of investing; that is, it invests in all the companies forming part of the Nifty50 Equal Weight Index (the underlying index) in the same proportion of the underlying index to earn a return as much as the underlying index, before expenses.     Portfolio Composition  The scheme had invested 98.52% of its assets in equities, and the remaining were cash and cash equivalents as of June 30, 2023. The scheme had significant exposure to financial services, followed by Automobile and Auto Components and Information Technology.  Note: Data as of June 30, 2023. Source: UTIMF, Value Research  https://www.youtube.com/watch?v=mVTKhy6XJME Top 5 Holdings Name Sector Weightage % Sun Pharmaceuticals Industries Ltd. Healthcare 2.03% Infosys Ltd. Information Technology 2.02%  Bajaj Auto Ltd. Auto and Auto Components 2.02% Tata Motors Ltd. Auto and Auto Components 2.02% JSW Steel Ltd. Metals and Mining 2.02% Note: Data as of June 30, 2023. Source: UTIMF Performance Since Inception  If you had invested 10,000 at the fund's inception, it would now be valued at Rs. 10,242, whereas the benchmark (Nifty50 Equal Weight TRI) would have fetched Rs. 10,501. Since the fund was launched just a month ago, monitoring how the fund tracks the underlying index in the long term will be essential.  Note: Performance of the fund as on June 30, 2023, since launch; Inception Date – June 07, 2023. Source: utimf.com Invest in Fund Fund Manager Sharwan Goyal is Fund Manager and Head - Passive, Arbitrage, and Quant strategies at UTI AMC. He is a CFA Charter holder from CFA Institute, USA, and holds a post-graduate degree in Management (MMS) from Welingkar Institute of Management, Mumbai. He has over 16 years of experience in Risk Management, Equity Research, Portfolio Analysis, and Fund Management at UTI AMC.  Who Should Invest?  This product is suitable for investors who are seeking:  Capital Growth in tune with Index returns.  Passive investment in equity instruments comprised in Nifty50 Equal Weight TRI.  Why Invest?  The index offers exposure to the Top 50 large companies on the NSE with equal weight (~ 2% to each stock) with quarterly rebalancing.  The index aims to benefit from the growth opportunities across stocks/ sectors rather than just relying on the performance of a few heavy-weight stocks/sectors.  The index represents smart and intelligent investing through "Auto Quarterly Rebalancing" and thus enables "Auto Profit Booking."  Ideal Time Horizon  Ideal for investment with a time horizon of, preferably, five years or above   Investment through Systematic Investment Plan (SIP) may help in tackling the volatility of the broader equity market.  Conclusion  Investing by replicating Nifty50 Equal Weight TRI is a better approach to investing in large-cap companies. Historical data shows that the Nifty50 Equal Weight TRI has generated better returns than the Nifty 50 with lesser volatility. Therefore, this scheme suits investors looking for a simple yet smart way of investing in the Top 50 companies. However, monitoring how efficiently the fund tracks the underlying index over the long term will be crucial. DisclaimerThis is not recommendation advice. All information in this blog is for educational purposes only. 

Small-cap funds are flooded with funds. Investors are heavily pumping money into small-cap equities in the hope of high returns. Investors have put in more than Rs. 33,040 crores in small-cap funds from April-2022 till June-23. Net inflows in mutual funds It can be inferred from the data released by AMFI that the investors are taking aggressive bets by flocking into high-risk funds such as small-cap, mid-cap, and thematic funds. The reason behind such a huge increase in small-cap investments is the returns given by small companies in the recent past. Nifty 250 TRI Rolling Returns The average returns delivered by small-cap funds in the last 1 year is 30.92% compared to the average return of 20.96% of the large-cap funds. Clearly, the returns delivered by small caps are way higher than the large caps. But, what about the risk? Aren’t the small cap equities too risky compared to the large caps? Let us see what the data says.  Volatility in price As can be inferred from the above graphs, the returns delivered by small caps are well above the large caps and contrary to the general perception, the volatility in the prices is not significantly higher than the large caps. After looking at this, now the question arises whether investors should continue to invest in the small-cap funds, or should they hit a pause on investing in the small-caps and book some profits. Let us try to find out.  Valuations: The first parameter the investors look at is the valuation. Are the small-cap companies overvalued? Let us look at the P/E ratio.  Nifty small cap 250 PE Although P/E alone cannot be used to conclude whether the companies are overvalued or not, it can be used to get a quick idea about the relative valuations of the companies. And as can be seen in the above chart, the current state of P/E does not suggest that small-cap companies are extremely overvalued.  Small Cap Premium: In a paper titled “The Relationship Between Return and Market Value of Common Stocks,” Rolf W. Banz concluded that the common stocks of smaller firms outperformed the common stocks of larger firms on a risk-adjusted basis. Many have argued that the inference drawn in the said paper does not hold good in today’s world. However, this has always been the case for developing economies like India where smaller companies have outperformed the large caps by a significant margin.  India’s Growth Story: India is a developing nation, and we are growing at the fastest rate. Small-cap companies are expected to benefit disproportionately higher than large-cap companies from such high growth. The primary reason behind this is the smaller base of the small companies which translates into higher growth in relative numbers. And secondly, it becomes difficult for large companies to grow faster due to their large size.   Volatility: As seen earlier, the volatility of small-cap companies reduces significantly over a longer period. Hence, small-cap companies are not as volatile in the long run as we generally perceive.  Conclusion  Small-cap equities offer tremendous growth potential over the long term, especially in a growing economy like India. However, it is possible that investors might not see extremely high returns in the short term. But stopping investments based on this rationale implies nothing but trying to time the market and doing so may prove to be harmful if the markets do not correct. Hence it is advisable to continue to invest for the long term keeping in mind the said factors

Investing in the financial markets can be a daunting task, especially for those seeking stability and security in their investment choices. One popular investment option that often garners attention is the Systematic Investment Plan (SIP). SIPs allow investors to invest a fixed amount of money at regular intervals in various avenues such as mutual funds, trading accounts, or retirement accounts.  While SIPs offer numerous advantages, it is crucial to delve into their safety aspect to gain a comprehensive understanding. In this article, we will explore the safety of SIPs, analyzing the potential risks and benefits they entail. This will enable you to make well-informed investment decisions with a thorough understanding of the factors at play. https://www.youtube.com/watch?v=wEA3dKj7q5U Understanding SIPs and Dollar-Cost Averaging SIPs are a form of passive investment strategy that utilizes the concept of dollar-cost averaging (DCA). DCA is a technique where investors make periodic equal transfers of funds, ensuring they accumulate assets over time. By investing a fixed amount regularly, regardless of market conditions, investors benefit from averaging the purchase cost of units, thereby reducing the impact of market volatility. This approach is particularly advantageous for long-term investments as it allows investors to ride out short-term market fluctuations and make consistent investments without being influenced by market timing. Invest in Mutual Funds Market Risks and Returns While SIPs provide a disciplined approach to investing, it is important to recognize that they are not immune to market risks. Mutual funds, which are commonly associated with SIPs, are subject to market conditions, and their value can fluctuate. Therefore, the returns on SIP investments are not guaranteed. The value of mutual funds can go up or down depending on the market conditions, and investors may lose money if they redeem their units at a lower price than the purchase price. It is crucial for investors to be aware of the inherent risks associated with the market and approach SIPs with a long-term investment horizon to potentially mitigate the impact of short-term market fluctuations. Calculate SIP Returns Long-Term Perspective and Compounding Benefits SIPs are best suited for individuals with a long-term investment horizon. The power of compounding works in favor of those who stay invested for an extended period. Compounding refers to the ability of an investment to generate earnings on both the principal amount and accumulated returns. By staying invested for at least 5-7 years, investors can harness the full potential of compounding, allowing their investments to grow significantly over time. This long-term perspective helps investors overcome short-term market volatility and allows them to reap the benefits of gradual wealth accumulation through the compounding effect. https://www.youtube.com/watch?v=BIRf2Dm1wB8 Wealth Accumulation and Reconsidering Investment Plans As investors accumulate wealth through their SIPs, it becomes essential to periodically assess their investment plans. Reaching certain milestones or nearing retirement may prompt a reevaluation of investment strategies. While SIPs offer a passive approach, some investors might consider transitioning to actively managed investments at a certain point. Active management involves a more hands-on approach by investment professionals who aim to generate higher returns by actively adjusting investment allocations based on market conditions and opportunities. This transition can provide investors with the potential to further grow their wealth and achieve their financial goals. Conclusion SIPs serve as an excellent investment option for those seeking a disciplined approach to wealth accumulation. However, it is crucial to understand that SIPs are not entirely risk-free. The potential market risks and fluctuating returns make it essential for investors to adopt a long-term perspective and remain invested for extended periods to reap the benefits of compounding.  Monitoring the wealth accumulated through SIPs and periodically reevaluating investment plans can help investors make informed decisions to maximize their returns. By combining a comprehensive understanding of SIPs with diligent research and risk management, investors can navigate the financial markets more confidently and potentially achieve their financial goals. Remember, investing always carries inherent risks, and consulting with a financial advisor or professional is advised before making any investment decisions. Talk To An Expert

Time slips through our fingers like grains of sand. In the blink of an eye, days turn into years. Parents cherish the childhood of their children. But as said, we don’t realize how time passes. Kids grow up, and as they grow up, the expenses also increase especially the education-related costs. And if you have a kid between the ages of 10-15 years, you will have to prepare for your child's college. The post-graduation is in the line. In this article, we will guide you on preparing for these expenses.  If you have a kid between the age group of 10-15 years, his/her college will be due in the next 3-5 years. Apart from that, there may be expenses such as application fees, expenditures on electronic gadgets like laptops or tablets, etc. There will be living expenses that you will have to incur. And after 6-8 years, you might have to incur the expenditure for post-graduation.   https://www.youtube.com/watch?v=tdwqQH0xkFw Education inflation comes under the top category, i.e., one of the highest among all the categories. Adding to the burden, if your child plans to go abroad, rupee depreciation increases your cost.  The only way to prepare for this expenditure and save your child's future is to start investing. As the Chinese proverb says, "The best time to plant a tree was 20 years ago; the second-best time is now." Similarly, it would help if you had started the investing journey much before. But if you have not, then do not waste your time. Start investing right now. Something is better than nothing. But how to do that? Let us see.  First, you need to identify the expenses you will incur along with their expected timing. As mentioned earlier, these can be graduation expenses, living expenses, etc. Using the college cost calculator, you can approximately estimate how much it will cost in the future to pursue the desired course for your child.   To estimate the other expenses, you can take the help of our SIP calculator by using which you can estimate how much you will be required to pay in the future and the required amount to invest monthly to reach your goal in the future by considering the inflation.   After identifying the expenses and their timing, you should bifurcate them as per the estimated timing of those expenses, like expenditure to be incurred within a year, in 1-3 years, after three years, etc. This bifurcation will help you determine how much risk you can take while investing. It is considered that an investor can take a higher risk while investing for the long term, and the risk appetite reduces as the time horizon decreases. There is a simple reason behind this. A long-term time horizon allows you to recover in case anything goes wrong.  The only thing that remains is to start investing as per your risk appetite. But how to select funds? As said earlier, you need to determine your risk appetite, and accordingly, you can invest. You cannot take the risk aggressively for expenditure to be incurred within a year. So, debt funds such as liquid or money market funds should be considered. For expenditure to be incurred after one year but within three years, you can take a little more risk.   Hence, you can consider investing a small portion of your investments into equities. This can be better done by investing in hybrid funds such as conservative funds or balanced advantage funds. An aggressive investor can consider investing in multi-asset funds as they provide allocation to various asset classes such as equities, debt, gold, etc. And lastly, for expenditures to be incurred after three years, such as post-graduation expenses, you should consider investing in equity mutual funds. Equity mutual funds provide excellent growth potential with reduced volatility over the long term. Small cap, mid cap, flexi cap, or focused funds can be good options for investing for the long term.  This is how you can start investing in your child's education. However, you need to keep in mind a few points.   First, you need to monitor your portfolio regularly and rebalance it. As you come closer to your goal, you will have to reallocate your money from high-risk funds to low-risk funds.   Second, if your child wishes to go abroad for graduation or post-graduation, it will be better to invest in USD as your exchange rate risk mitigates automatically. The procedure to estimate the expenditure and amount of investment remains the same.   And lastly, if you are too late to start investing, you might be required to look for an education loan.   However, you should start investing even if you are late so that you can create at least some corpus for your child's education rather than nothing.           Hopefully, this article has given you some insights and helps you plan better for your child’s education. Start investing!  Talk To An Expert

Incorporated on December 10, 1999, HDFC Asset Management Company Ltd. is among India's most popular fund houses. HDFC Mutual Fund launched its first scheme in July 2000, and ever since it has been ambitious about offering a stable performance of funds across all the variants of schemes it offers. The HDFC Mutual Fund is managed by HDFC Asset Management Company (HDFC AMC) Limited.  Let us talk about the consumer product – HDFC Flexi Cap Fund  HDFC Flexi Cap Fund  Investment Objective The primary objective is to generate capital appreciation/income from a portfolio, predominantly invested in equity & equity-related instruments.   Investment Process  The fund follows the following approach to investing.  Focus on fundamentally strong companies with growth drivers in the medium to long term.  Focus on competitive position, corporate governance, and industry outlook.  Emphasis on valuation to assess risk-reward and provide a reasonable margin of safety.  A holistic approach to valuations without relying solely on traditional parameters like P/E or P/B.  Portfolio Composition  The fund had invested 90.85% of its assets in equity & equity-related stocks, 3.21% in real estate, and 5.94% in cash and cash equivalents. The significant sectoral exposure is to Banks, which account for roughly one-fourth of the portfolio. Note: Data as of June 30, 2023. Source: HDFC MF Top 5 Holdings  Name Weightage % ICICI Bank Ltd. 9.13 HDFC Bank Ltd. 5.62 State Bank of India Ltd. 5.28 Bharti Airtel Ltd. 4.71 Hindustan Aeronautics Ltd.  4.63 Note: Data as of June 30, 2023. Source: HDFC MF  Performance    This Fund S&P BSE 500 TRI Equity: Flexi Cap 1 Year 27.01% 18.66% 19.43% 3 Years 32.43% 24.46% 23.48% 5 Years 16.91% 13.71% 13.63% 10 Years 17.92% 15.33% 16.50% Note: Data as of June 30, 2023. Source: Value Research  Fund Manager  Ms. Roshi Jain (Since July 29, 2022) has over 17 years of experience in research and fund management. Before joining HDFC Asset Management Co Ltd in December 2021, she worked with Franklin Templeton India AMC Ltd. as a Vice President & Portfolio Manager. Ms Jain earned her Post Graduate Diploma in Management from the Indian Institute of Management, Ahmedabad, in 2002. She earned her Chartered Accountancy from the Institute of Chartered Accountants of India in 1998 with an All-India Rank 2. She is also a Chartered Financial Analyst (CFA) charter holder.   Who Should Invest in HDFC Flexi Cap Fund?  The fund is suitable for investors willing to invest across market cap. However, investors need to understand the aggressive risk exposure of this fund.  Why Invest in this Fund?  The fund provides an opportunity to invest in companies of various market caps.  Aims to provide diversification to an investor’s overall equity mutual fund portfolio.  Experienced fund management and research teams with a track record of managing equity assets across market cycles.  Emphasis on risk management – portfolio diversification across stocks and sectors; focus on good quality businesses.  One of the largest funds in the flexi-cap category.  Ideal Time Horizon  One should look at investing for at least three years or even more.  Investment through Systematic Investment Plan (SIP) may help in tackling the volatility of the broader equity market.  Conclusion  The HDFC Flexi Cap Fund has a proven track record of over 25 years, with an Asset Under Management of ₹36,345.36 Cr as on June 30, 2023. The fund has consistently outperformed both the benchmarks and the category average also. Therefore, investors looking to generate wealth over the long term can consider this fund with an understanding of high risk.