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According to Capgemini, "the number of Indians with over 1 million US dollars investments will increase by 80-% in 2025."  Around 50% of Indian students study in North America. It contributed $ 7.6 billion to the US economy in August 2021. The country recorded the highest number of Indian student applications. Given the popularity of the USA education deciding the best US investments for a child's higher education is crucial. Rupee depreciation and rising education costs form the base. Investing in US stocks helps earn profits even with a fixed stock price. Before investing, undertake the existing or predictable application costs, examination fees, cost of living, and tuition fees. Edufund helps individual circumstances by addressing the total money you need to invest in the top US stocks (zero commission fee). It concludes by determining the expected sum in the dedicated year. Knowing so, you can re-arrange the investments and invest in the Best US stocks and other products calculatingly. For example, suppose you invest ₹4000/month ($48.79) in a particular US stock and income slashes. In that case, Edufund helps stabilize the momentum by providing options at a lower investment amount (if the investment type does not have a minimum investment limit). You can always know the revised investment plan after investing ₹2000/month ($24.40)—the platform grants immense freedom to regulate investment securely. US Investment opportunities for your Child's education According to Business Standard reports, "9.2% depreciation in Indian Rupee against the US dollar may translate into a hefty sum for Indians planning US education for the child."  And as Statista puts it, "The average cost of higher education in the USA for the year 2022-2023 stands at $23,250."  To build up a good investment pot, guardians can buy individual shares or ETFs in the US market from India. S&P 500 index fund It lists the top and poorest 500 US stocks to invest in. To invest in these funds from India, follow the below guidelines: Select a fund that best suits your investment goal Open a share-trading account with Edufund Deposit a comfortable sum (no fee) You can buy the ETF or S&P 500 index  It is ideal for long-term savings with lower management fees. It yields high returns on maturity. ETF (Exchange Traded Funds) ETF funds are those in which one trades on exchanges by tracking a specific index. You must own a trading account to invest in this. The most popular ETFs in the US are- the NASDAQ-100 and the Rusell 1000 Index It helps Indians invest in companies that do not exist in India. It is ideal for those investors and guardians who lack the minimum money to meet the mutual fund investment requirement. It is a great way to create a cluster of the best securities leading to a diversified portfolio. This is it if you find a safe escape to the best US investments for a child's higher education. Corporate Bonds Corporate bonds are bonds through which you can invest in a US company. It is not capped or regulated by government regulations. It is ideal for individuals to share good knowledge about supporting and regulating investments.  These are risky bonds with high yields. If you eye a fixed income security to cover up for your child's education savings, check this. Bonds that large-cap companies issue are generally low-yield driven and vice versa. You will have to balance your investment in a way that maximizes investments along with balancing the loss. Mutual Funds  Mutual funds grant immense flexibility to you to diversify your investments in shares, bonds, and other assets.   It optimizes the risk possibility by balancing the trading opportunities. It is ideal for a long-term goal and eliminates any hassle of regular monitoring and management. Mutual Funds call for a minimum mandatory investment amount.  With Edufund, you can set up automatic mutual fund investments as per income and shifting circumstances. Choose the right industry before investing. Biotech and technology company shares pay the highest dividends and returns.  Money Market funds These mutual funds invest in short-term liquid assets and pay investors dividends. It is a type of short-term, high-quality corporate debt. Regulated under the Investment Company Act of 1940 and registered under the Securities and Exchange Commission, it is the safest investment option. Individuals looking to diversify investments by relying on safer options can consider money market funds. It is ideal for individuals looking forward to saving more than relying on returns. You can purchase these from a direct mutual fund provider.  Conclusion Earmark your timeline, and risk tolerance and partner with us for expert guidance. EduFund helps you provide the best US investments for a child's higher education as per risk appetite. TALK TO AN EXPERT

“Sukanya Samriddhi Scheme vs LIC Kanyadan Policy – which one is better” is an important query that needs to be answered so that an investor can invest in the scheme which is more suited and helpful for their girl child.  By assuring the safety of the capital and providing a fixed income, both schemes have managed to gain popularity amongst the masses. What is Sukanya Samriddhi Scheme? The Sukanya Samriddhi Scheme is a small savings scheme that comes under the “Beti Bachao Beti Padhao” scheme. It was launched by the central government to build a secured financial corpus and ensure a bright future for the daughters of India. What is LIC Kanyadan Policy? LIC Kanyadan Policy is a small savings scheme offered by LIC to protect the financial future of a girl child. It is a customized version of the LIC Jeevan Lakshya Policy, where a father can deposit money for the marriage and education of his daughter at a low premium. The policy offers both protection and savings benefits. Sukanya Samriddhi Scheme vs LIC Kanyadan Policy 1. Type of Scheme The Sukanya Samriddhi Scheme comes under the Beti Bachao Beti Padhao Scheme and is purely a small savings scheme launched for the education and marriage of a girl child. The LIC Kanyadan Policy is a modified policy based on the LIC Jeevan Lakshya Policy to financially secure the future of a girl child for later years.  2. Launched By The Sukanya Samriddhi Scheme was launched by the Government of India, whereas LIC Kanyadan Policy was launched by LIC. Both policies are exclusively meant for a girl child.  3. Account Holder The girl child is the account holder of the Sukanya Samriddhi Scheme until her marriage, whereas in the LIC Kanyadan Policy, it is the father who is the account holder and not the daughter as he operates the account in her name.  4. Age Criteria The age criteria of Sukanya Samriddhi Scheme vs LIC Kanyadan Policy are different as the first can be purchased after the birth and before the girl child is 10 years old, and the latter can be purchased when the girl child is at least 1 year old, and the age of her father is between 18 years and 50 years.  5. National Eligibility The Sukanya Samriddhi Scheme is open only to the citizens of India, whereas outsiders have the option of choosing the LIC Kanyadan Policy for their daughters.  6. Premium Limit In the Sukanya Samriddhi Scheme vs LIC Kanyadan Policy, the premium limit for the first scheme is INR 1.5 lakhs for a financial year, whereas there is no limit for the latter scheme.  7. Sum Assured Limit The sum assured in the Sukanya Samriddhi Scheme is limited as it is dependent upon the premium paid, whereas the minimum and maximum limits are INR 1 lakh and no limit, respectively, in LIC Kanyadan Policy. 8. Payment Terms In Sukanya Samriddhi Scheme, the amount should not be more than INR 1.5 lakhs and has to be paid every fiscal year. The payment term of the LIC Kanyadan Policy is 3 years under the policy term.  9. Account Maturity Tenure In the Sukanya Samriddhi Scheme, the girl child can handle the account until she is the age of 21 Years or married after 18 years, whereas in LIC Kanyadan Policy, the account maturity tenure is between 13 years – 25 years.  10. Loan Facility There is not any option for a loan facility in the Sukanya Samriddhi Scheme, whereas in LIC Kanyadan Policy, the policyholder can opt for a loan if the account is active and the premium has been paid for three consecutive years.  11. Compensation Offered (in case of the account holder’s death) No compensation is offered in case the account holder of the Sukanya Samriddhi Scheme dies. In LIC Kanyadan Policy, if the death of the account holder is natural then the girl child is eligible for immediate payment of INR 5 lakhs, and in case of accidental death, immediate payment of INR 10 lakhs. If the death is suicidal within 12 months of the policy purchase then 80% of the premium amount is paid by the LIC corporation, along with the surrender value and the tax amount.  Conclusion By now, you must have got a clear idea about which one amongst the Sukanya Samriddhi Scheme vs LIC Kanyadan Policy will suit the personal needs of your child. Remember, both schemes provide financial assistance to low- and high-income group parents who want to fulfill their dream of educating or simply marrying their girl child. So, consider their differences well and choose the one you find most beneficial.  Consult an expert advisor to get the right plan TALK TO AN EXPERT

Becoming financially independent is one of the ultimate goals behind pursuing any profession of your choice. Of course, everybody needs to work to earn money. But will earning money alone ensure your financial independence? We’ll discuss the possible ways to become financially independent in this blog. What financial independence means? Everyone defines financial independence in their own terms and goals. For most people, it usually means having financial freedom and not having to worry about finances and money-related issues. Financial independence comes when you intelligently invest and can afford a certain lifestyle of your choice. It also means you retire without worry or have the freedom to pursue your passion without second thoughts. 1. Set life goals A mere desire to achieve financial independence won’t help you reach your goal. If you wish to be financially independent as soon as possible, you should set realistic and ambitious goals. Setting life goals, big or small, would help you create a blueprint for achieving those goals. Be focused and specific about your goal and make timelines accordingly. This will not only help you meet your goal’s deadlines on time but also increase your chances of achieving your goal. 2. Make a monthly budget Making a monthly household budget is one of the best ways to control your spending and track your bills. Sticking to your budget is a great way to ensure that bills are paid and savings are on track. It also acts as a regular routine that reinforces your goals. 3. Start investing now In the midst of rising debt, financial emergencies, medical expenses, and excessive spending, achieving financial independence can be quite challenging. However, it is attainable with discipline and careful planning. Bad stock markets and low returns can make people question their wisdom in investing and whether they should keep investing their hard-earned money. But there is no better way to grow your money than investing. Investing is basically making your money work for more money rather than you working for the money. The magic of compound interest, dividends, growth in the share market, increments in shares you have invested in, etc., will grow your money exponentially. But you need a lot of time and patience to achieve this meaningful financial independence. Investing in the right tools at the right time with expert advice can help you reach your goal. Remember that not everyone is a professional investor from the beginning, so it would be a mistake to attempt the kind of stock-pinning and risky investments made famous by billionaires like Warren Buffett. Instead, start simply by opening an online brokerage account that will help you learn how to invest, create a manageable portfolio, and make weekly or monthly contributions to it automatically.  Track your investments on a regular basis and keep learning more about investments and better opportunities to invest in. More importantly, consult financial experts while investing your savings. 4. Avoid loans and debts and pay off your credit cards in full One of the vital hacks for becoming financially independent is to avoid loans, credits, debts, etc. You need to be smart when it comes to money and financial freedom. It might seem easy to pay back loans, but in reality, there are many challenges. When loans are being taken, they should be intelligently calculated and only be taken when necessary. Credit cards and other high-interest consumer loans may be hurdles to wealth-building. Make sure to settle the entire balance every month. Paying off mortgages, student loans, and other loans with comparable terms often have significantly lower interest rates, so doing so is not urgent. Even yet, timely repayment of these loans with lower interest rates is crucial. On-time payment of these loans would not only help you get financially independent early but also help you build a good credit score which is very beneficial. 5. Watch your credit score The credit score is a very important number for you as it determines the basis on which interest rate will be offered to you when you decide to take loans for any personal reasons like renovating your house or buying a new car, or taking any loans for any purpose. Credit score also plays an important role in determining the premium rate you will have to pay for any kind of insurance you take. Since someone with careless financial habits is thought to be irresponsible in other areas of life, credit scores are given a lot of importance. This is why it's crucial to obtain credit information on a regular basis to ensure that no incorrect defaults are harming your reputation. Stay educated on financial issues. 6. Create automatic savings Automatic saving basically means setting money aside the day you get paid so that it never reaches you. You can also call it paying yourselves to be ready for retirement. To be financially independent, it’s very important to enroll in an employer’s retirement plans and make full use of any matching contribution benefits, which are essentially free money. Having an emergency fund that may be accessed for unforeseen needs is a good idea as well. 7. Do not stop having fun And last, ensure your life does not seem too boring because you do not let yourself have a little fun and relax. Join parties, travel from time to time, and do not forget that you need to strike a reasonable balance between achieving financial independence and your everyday life as a young and happy person. Consult an expert advisor to get the right plan for you TALK TO AN EXPERT

Mutual funds are one of the hottest options for investing because they can assist you in achieving your financial goals. One significant downside of putting your money in a fixed deposit for investment purposes is that the interest is added to your taxable income and taxed at your income tax slab rate, which is especially unfavorable if you are in a high-income tax bracket. Here mutual funds do better financially as they can help you save some taxes.  You can benefit from specialized money management and tax-efficient returns by investing in mutual funds. Profits from investments in mutual funds are taxed in a manner similar to that of other asset classes.  By becoming knowledgeable about the taxes of mutual funds, you can set up your investments to lower your overall tax liability. You may also benefit from tax deductions in certain situations. Keep up with the rules governing tax on mutual funds when investing in them. Determiners of Tax on Mutual Funds There are two categories of mutual funds: equity- and debt-oriented. Both of them are subject to different taxation.  Dividend: A dividend is a portion of the cumulative profit that mutual fund providers distribute to scheme investors.  Capital gains: They are the profits made when investors sell their capital assets for more money than they originally paid for them Taxation of dividends offered by Mutual Funds  The Union Budget 2020 made changes that affect how dividends offered by any mutual fund plan are taxed. In other words, dividends that investors receive are added to their taxable income and taxed at the rates applicable to each income tax slab. Dividends were previously exempt from tax in the hands of investors since businesses paid dividend distribution tax (DDT) before distributing their profits to investors as dividends.  Investors were not subject to tax on dividends (received from domestic enterprises) up to Rs 10 lakh per year. Any dividends that exceeded Rs 10 lakh per fiscal year were subject to a 10% dividend distribution tax. Taxation of capital gains offered by Mutual Funds  The holding duration and kind of mutual fund affect the tax rate on capital gains for mutual funds. The holding period is the length of time an investor held units of a mutual fund. Mutual funds offer both short and long-term capital gains, which are taxed differently Things to remember regarding tax for mutual funds  Mutual does not need you to pay taxes yearly. When choosing a mutual fund scheme, the appropriate taxes must be paid only when the units are redeemed or the scheme is sold. It does not factor in annually. Your dividend income from mutual fund plans is included in your overall income for the questioned fiscal year. Therefore, if your income is subject to income tax, you must pay tax on this dividend income.  Even though you cannot avoid paying tax on capital gains, you can structure your investment in a way that minimizes your tax liability.  Even though tax-saving mutual funds have some restrictions, you should take four things into account when choosing one. They are investment method, asset allocation, tax-exemption thresholds, and lock-in duration.  Your investments in mutual funds may be eligible for an income tax refund. Tax benefits are available in the case of ELSS, or Equity Linked Savings Schemes, under Section 80C of the Income Tax Act. You can deduct up to Rs. 1.5 lakh from your taxes, which translates to an annual tax savings of about Rs. 46,800. Keep in mind that ELSS has a three-year minimum lock-in term.  There are no wealth taxes imposed on mutual funds or other financial assets.  It’s important to read and study the tax guidelines for mutual funds before investing your money. Connect with a financial expert to make the right choices and make the most of your returns to achieve your financial dreams. TALK TO AN EXPERT

The asset management branch of State Street Corporation, State Street Global Advisors, was created in 1978 in Boston, Massachusetts.  The company's first three products  The domestic index fund An international index fund (based on the MSCI EAFE index) Short-term investment fund  By 1989, the division's assets were $53 billion (USD). State Street Global Advisors was established in 1990 as a distinct company from State Street Bank to expand internationally.   With the S&P 500 SPDR product release, traded on the American Stock Exchange in 1993, SSGA established the investment vehicle known as the exchange-traded fund (ETF).  State Street Global Advisors (SSGA) is State Street Corporation's investment management subsidiary and the 4th largest asset manager, with roughly $4.14 trillion in assets under administration as of December 31, 2021.   After BlackRock and Vanguard, SSGA is the world's third-largest ETF manager. States, corporations, foundations, non-profit foundations, business financial officers and CFOs, investment firms, financial advisors, and other intermediaries worldwide use the company to create and manage investment plans.  The company has won several accolades for its services. Some of the prominent awards are  Asia Asset Management's 2022: Best of the Best Awards- At Asia Asset Management's 2022 Best of the Best Awards, State Street was named Best Global Custodian in Asia-Pacific (25 years) and Best Middle and Back Office Provider.  HFM Asia Services Awards 2021: State Street was named Best Hedge Fund Custodian for the second year in a row at the HFM Asia Services Awards 2021.  The Asset Triple A Sustainable Investing Awards for Institutional Investor, ETF and Asset Servicing Providers 2021- For the seventh year in a row, State Street was named Best in Securities Lending at The Asset Triple A Asset Servicing Providers Awards.  Aite Group 2020 Impact Innovation Awards The organization earned operational efficiency after being recognized as a financial institution that has used technology to raise the bar.  Asia money FX Survey 2020 In South Korea, Taiwan, and Thailand, State Street has been named Market Leader. The company provides several ETFs and mutual funds to be chosen from. The company has a set of thematic ETFs which focus on cutting-edge innovation.   The SPDR S&P Kensho New Economy ETFs have the backing of S&P Kensho's forward-thinking and dynamic approach, which employs artificial intelligence to analyze regulatory filings to find and classify innovative enterprises based on factors other than revenue and balance sheet data.  Some such ETFs are associated with Future security, clean power, smart mobility, space exploration, intelligent infrastructure, etc.   Fixed-income ETFs come at a high degree of diversification with a 60% lower expense ratio than competitors. Investment worth $621 billion has been made by the firm in fixed-income assets with over 100 strategies.  SPDR Blackstone Senior Loan ETF and SPDR Portfolio TIPS ETF are some of the fixed-income ETFs. There are more than 250 low-cost passively managed ETFs offered by the company all over the globe.  Investors can use SPDR Portfolio ETFs to build large, diversified portfolios by choosing from equities and fixed-income exposures. SPDR Portfolio S&P 400™ Mid Cap ETF, SPDR Portfolio S&P 500® Growth ETF, etc., are some core ETFs.  Gold-backed exchange-traded funds (ETFs) combine the gold market's flexibility, openness, and accessibility with the cost-effective liquidity of an ETF wrapper through the company's offerings. The company offers two distinct products 1. SPDR Gold Shares 2. SPDR Gold Mini Shares The company also provides a variety of ESG investing options along with sectoral investing options and Smart Beta ETFs.  Along with ETFs, the firm also offers a variety of mutual funds to choose from - grouped into four categories SSGA Funds, State Street Institutional Funds, State Street Institutional Investment Trust, and State Street Variable Insurance Series Funds. These funds track indices like FTSE Russell, MSCI, Multiple/Blend, S&P Dow Jones, etc.  Multiple ESG investment strategies 1. Screening Negative screening excludes specific firms, sectors, or nations based on environmental, social, and governance (ESG) issues and an investor's values-based goals. Among the advantages are reduced reputational risk and the ability for investors to avoid providing capital to organizations or sectors that contradict their views.  2. Best in class This strategy focuses on investing in sectors and firms that outperform the industry peers in terms of ESG performance.  3. ESG integration To limit risk and uncover possibilities for long-term outperformance, active portfolio managers routinely include ESG signals and factors in the investment analysis and decision-making process.  4. Climate investing This thematic investment strategy aligns portfolios with the transition to a low-carbon economy and limits global warming to far below 2 degrees Celsius.  5. ESG for index investing ESG investors can benefit from index investing in various ways, including diversification and transparency. Index methods give investors a simple way to acquire broad diversification in their portfolios, which improves risk management.  Thus, the pioneer of ETFs should be taken into account whilst creating a portfolio! FAQs What are State Street Global Advisors known for? State Street Global Advisors is an investment management firm located in the USA. It offers the following services such as portfolio management and advisory services to individuals, institutions, trusts, private funds, charitable organizations, and investment companies Where is the Headquarters for the State Street Global Advisors? The headquarters for State Street Global Advisors is in Boston, Massachusetts, United States. Who are State Street's clients? State Street's clients are Consumer Healthcare Products Association (CHPA) CIGNA. Everytown for Gun Safety Action Fund. Health Partners Plans. Lilly USA Is SSGA an established investment firm? State Street Global Advisors (SSGA) is State Street Corporation's investment management subsidiary and the 4th largest asset manager, with roughly $4.14 trillion in assets under administration as of December 31, 2021.   TALK TO AN EXPERT

Do you know that the value of 1 crore after 20 years will be much less than what it is now due to inflation and high consumption?  Yes, over a longer time frame, the importance of inflation cannot be understated. The buying power of the rupee is reduced by inflation, and the value of each rupee keeps falling over time.  Twenty years from now, assuming a 5 percent annual inflation rate, the value of one crore rupees would be equivalent to about 37.68 lakh rupees. That is the crumbling effect of inflation on our money. Numerous SIP calculators and monthly savings formulas are available to assist you in determining how much you should invest each month if your goal is to save Rs 1 crore. For instance, if you invest 10,000 per month for 20 years at an expected annual growth rate of 12%, you may save Rs 1 crore.  In simple terms, you might have bought a lot more with 1 crore rupees 20 years ago than you can purchase today.  The actual worth of it at that point would therefore be significantly smaller even if you save for one or two decades and are able to accumulate Rs 1 crore or more.  One should remember that even if the economy is experiencing inflation at a 5–6% rate, inflation in the fields of education and medicine will be greater. Therefore, inflation is a crucial element that influences your financial plans, especially long-term objectives like retirement and schooling for your children. Value of 1 lakh after 20 years Read More How can you counter this devaluing of money?  The solution to this issue is to manage your assets by tying them to the rate of inflation. To achieve that, multiply that quantity of the savings plan by the rate of inflation. After that, you can begin a SIP to save for the adjusted inflation amount.  Let's imagine you have higher education plans for your child that will cost about Rs. 15 lakhs over the next twenty years. The cost of the course could increase to about Rs 40 lakh if inflation is projected to be 7%. As a result, you can start saving Rs 8000 per month to amass roughly Rs 40 lakh and put the plan together without difficulty.  In a similar manner, you can manage your long-term objectives by multiplying the present value by inflation. Investing so that you can beat inflation can be tough, which is why taking care of your expenses and seeking sound financial advice can help you maximize the value of your money.  FAQ What will be the value of 1 crore after 30 years?  The value or buying power of Rs 1 crore will be around Rs 23 lakh after 30 years if you really are trying to save Rs 1 crore for a target that is 30 years away.  What would be the value of 1 Cr after 25 years?  In 25 years, a rupee will be valued at around Rs 29.53 lakhs, given a 5% average annual inflation rate. What is the value of 1 lakh rupees after 20 years?  After 20 years, the price of one lakh would be approximately INR 37,000, using a 5% inflation target.  Consult an expert advisor to get the right plan TALK TO AN EXPERT

Are you thinking of buying digital gold? But not sure if digital gold is a good investment or not. We will help you.   As India embraces financial education and the desire to engage in different types of investments, the idea of investing in the digital version of a commodity that the country has been both physically and emotionally tied to is slowly beginning to take shape.  In India, physical gold is still the most popular traditional method of gold investment. Digital gold assets are currently being examined. We will discuss the options and how to invest in digital gold in this blog.  Advantages of digital gold It allows you to keep gold digitally without ensuring a secure bank locker. Consequently, you will not have to worry about storage or security. The custodian's vaults have verified 24-carat, 99.99 percent pure gold, which is used for digital gold investments. Impurities are a common problem with physical gold. Purchasing actual gold also implies expensive manufacturing fees. Except for 3% GST, a digital gold account is free. Since digital gold prices are the same throughout India, you may buy and sell gold digitally at completely transparent, real-time market rates.   Additionally, you are not subject to any deductions when selling your gold back to the platform online. If exchanged in this way, the majority of platforms offer the perk of inexpensive home delivery of the physical gold. Additionally, compared to genuine physical gold, digital gold enables purchases in far smaller amounts.  Additional read: Benefits of digital gold Disadvantages of digital gold Ah, to feel as though you were wrapped in gold! Something that digital gold would never provide you. In countries like India, acquiring gold is an obsession. Therefore, digital gold might not resonate with all demographics. However, only some hold that opinion, which is a blessing. Some people view gold as a pure investment, and when given a choice, they choose digital gold since it is quick and secure. Steps to buying Digital gold A Demat account that is connected to a bank account and PAN card is required for investors.  Consumers can purchase specific gold goods via reputable stock exchanges after opening a Demat account, or they may do so straight through a mutual fund for gold ETFs and the RBI-announced SGB (Sovereign Gold Bond) series for SGBs.  Consumers have two options for selling their gold digitally: either they can hold it till maturation and then release it, or they may sell it on the secondary market, or stock exchanges.  Additionally, a few businesses give customers the possibility to buy digital gold starting at INR 1.  Know-your-customer (KYC) documentation must be accurate and checked prior to purchase. E-KYC and video KYC are two available Demat KYC modes that streamline and hasten the procedure of creating an account to purchase gold digitally.  Generally, KYC includes the person's PAN and Aadhar Card information. Additional read: Physical gold vs Digital gold Risk related to digital gold The main risk associated with every investment is that it will often lose value, which will lead to slower growth. That risk applies to digital gold purchases as well  In the case of digital gold, India still lacks a well-established regulatory structure to control metal transactions. It's necessary to think about this possible risk. Investors must conduct due diligence on the honesty and business model of the provider of digital gold until the government announces the required regulations to control the buying and selling of digital gold.  Any online payment is at significant risk from cyber-attacks. This also applies to purchasing the commodity in digital form.  To prevent any hazards, it is important to assess the reliability and standing of the somersaulting company where the gold is kept as well as the sufficiency of insurance if administrators are chosen by digital gold-providing firms.  Another ambiguity is hidden fees. Check any or all charges associated with the product before investing. If not, they will have a negative impact on the investment's overall results.  Conclusion The Indian federal government made it clear in the Plan for FY 21-22 that the markets regulator SEBI will serve as the supervisor for gold markets. This action is anticipated to increase confidence across the board in the commodities market, especially among retail gold buyers and gold traders.  With SEBI functioning as the regulator, the procedure of buying and selling gold is being simplified, like how shares are now dematerialized. This has led to a simpler delivery of the gold product in one trading day plus two more days, or T+2 days.  Investors must be smarter with money and receptive to novel investment products for the idea of purchasing and selling digital gold to become more widely accepted. FAQ Is digital gold better than gold?  There is no difference in price between physical gold and digital gold. Additionally, a person dealing in digital gold should not worry about storage since it is safely kept in free, guaranteed vaults.  Who is buying digital gold?  MMTC PAMP, Augment Goldtech, and Digital Gold India are the 3 best-known companies offering digital gold in India (Safe Gold) in partnerships with several financial service providers, including Paytm, Google Pay, Amazon Pay, and Phone Pe, among others, these businesses sell digital gold. Can I get profit from digital gold?  Virtual gold is a profitable investment choice despite some downsides, such as investment caps and a lack of a governing organization. It supplies adaptability, purity, and the right financial worth. Consult an expert advisor to get the right plan TALK TO AN EXPERT

It is always a good idea to have a financial expert manage your money. A mutual fund firm or an Asset Management Company (AMC) is exactly that expert when it comes to investing.  What are Asset management company(AMC)?  Asset Management Companies are businesses that collect money from different institutional and individual investors and invest it in a variety of securities. The corporation uses the money to buy capital assets like stocks, bonds, and other types of property. The research team chooses the appropriate assets, and the asset management companies employ specialists known as fund managers to oversee the investments.  Fund managers discover investment possibilities that align with the fund's goals. To safeguard the investment and generate a consistent return, they invest money in debt funds such as bonds and government securities. To maximize returns for investors, an equity fund is typically invested in company shares. Start Investing in Mutual Funds How are the funds managed by an Asset management company?  Direct mutual fund investments can be made through an AMC. The corporation is primarily in charge of managing the mutual fund and making choices that are beneficial to investors. It makes investments as per the scheme's set goals under the direction of a fund manager. The general steps are described below 1. Asset allocation  The specific investment goal of mutual funds aids the fund manager in selecting the assets in which investments can be placed. As an illustration, the majority of debt-oriented funds manage a sizable amount of their assets in bonds and other fixed-income securities. Another instance is how the majority of balanced funds blend their investments in stocks and fixed-income assets. 2. Research and Analysis  A lot of research and analysis of the performance of the asset classes goes into building the fund's portfolio. Experts conduct market, micro, and macroeconomic analyses and communicate their findings to the fund manager, who bases investment choices on the fund's goals.  3. Portfolio Building  The fund manager is often updated on market trends and results by a team of researchers and analysts who work for the AMC. The fund manager then determines which securities to acquire or sell based on these results and the investing goals of the fund. This is how a business develops a portfolio.  4. Performance Evaluation  AMCs are required to give their unit-holders information that directly affects their mutual fund investments. Additionally, it must regularly update investors on sales and repurchases, NAV, portfolio information, and other matters. Simply put, AMCs have a responsibility to represent and protect the interests of mutual fund participants. Additionally, they must address client complaints about their mutual fund schemes. source: pexels What criteria should an investor use to select an Asset management company?  Before selecting an AMC, you must look into both the AMC's track record and the assets it is currently managing. Selecting an AMC with substantial assets under management that can withstand rapid redemption demand from major investors is important.   When selecting an AMC, investors should take the following factors into account:  Credentials of the fund manager: You must look at the manager's history and investment philosophy. The investment approach and expertise of the fund manager determine the performance of many mutual fund schemes.  The AMC's reputation: It might take months or years for a fund house to establish its standing in the industry. An AMC usually develops a solid reputation after continuously performing for five or ten years.  Look at the ratings: Speaking with other investors will help you determine whether prior performance has been consistent and whether the AMC has had any complaints.  Are fund houses as reliable as banks?  There is a common misconception that mutual funds are less secure than bank accounts or bank-sponsored investing programs. People worry that AMCs might go out of business or steal their money at any time. People frequently forget that AMFI is responsible for investor education and that SEBI, the capital market regulator, oversees mutual funds.  AMFI and SEBI's Role in AMC Operations  AMCs operate under the direction of a trustee board. However, they must answer to the Securities and Exchange Board of India (SEBI), which oversees the country's capital markets. Another regulatory organization that answers investor complaints and protects their interests is the Association of Mutual Funds in India (AMFI). The set of risk management standards established by SEBI and AMFI must be followed by every mutual fund house.  The AMFI was created by mutual fund companies, whereas SEBI is a government organization. Together, they maintain the industry's ethical foundation and transparency. Mutual funds require clearance if they are establishing guaranteed schemes, and the RBI is crucial in regulating AMCs. Finally, all of these regulators are under the control of the Ministry of Finance. Guidelines for investors from SEBI and AMFI  Some of the standards and regulations that SEBI, AMFI, and RBI prescribe for mutual fund firms include the following:  SEBI has set some guidelines for the reports that AMCs must provide to the trustees.   The trustees must receive the compliance certificate from AMCs every two months.  They must provide the trustees with quarterly updates on their operations and adherence to these rules.  The firm is not allowed to invest in any of its schemes unless the offer documents fully disclose the company's intention to do so.  The AMC Chairman is not allowed to serve as a trustee for any mutual funds.  AMC's top employees should have a spotless record (not convicted of any financial offense such as fraud or insider trading).  The AMC should be under Rs 10 crores in net value.  AMCs are not permitted to act as mutual fund trustees.  FAQs Which is the best AMC for mutual funds? Some of the best AMCs in India for investing in mutual funds are: SBI Mutual Fund ICICI Prudential Mutual Fund TATA Mutual Fund DSP Mutual Fund Kotak Mutual Fund How many AMCs are there in India? There are over 44 AMCs in India managing thousands of mutual funds. SBI mutual fund is one of the oldest mutual fund management companies in the country. How do I invest in AMC mutual funds? You can directly invest with a particular AMC by visiting and setting up an account on their official website. Many AMC lists their mutual funds on different investment platforms which you can visit and select the best fund based on your financial preferences. How do I choose the right AMC? To choose the right AMC, you need to answer certain financial questions - What is your investment objective and goal of investing? What is your time horizon and how long can you stay invested? What is your risk tolerance? What kind of performance and growth has the particular AMC recorded in the last few years? What is the consistency of performance, fund manager's experience, AMC Track Record, and investment objective? Are fund houses as reliable as banks? There is a common misconception that mutual funds are less secure than bank accounts or bank-sponsored investing programs. Which is the biggest AMC in India? SBI Mutual fund is the biggest AMC in India. There are over 44 AMCs in India managing thousands of mutual funds. If you are interested in investing via AMC curated mutual funds for your child’s education then check out the EduFund App and select the top performers!  TALK TO AN EXPERT

You've probably heard of Nasdaq if you follow financial news. After the New York Stock Exchange (NYSE), Nasdaq is the world's second-largest stock exchange and is home to tech titans such as Apple, Google, and Amazon.  The Nasdaq market has grown to accommodate over 4,000 corporate listings since its inception in 1971, including many of today's largest corporations.  The value of the Nasdaq-listed portfolio changes with the performance of the companies under consideration.  But what is the Nasdaq, and how does it function? Let's have a peek at one of the most well-known stock exchanges in the world. What is Nasdaq?  Nasdaq stands for National Association of Securities Dealers Automated Quotations; in case you didn't know. It was a division of the National Association of Securities Dealers (NASD), now the Financial Industry Regulatory Authority (FINRA).   Nasdaq was set up as a platform for investors to trade assets automated, fast, and transparently.  The Nasdaq split from the NASD in 2006 and formed its own company. Nasdaq announced in 2007 that it would merge with the OMX Nordic Exchange to form Nasdaq OMX the following year.  How does the Nasdaq work?  The Nasdaq was built from the ground up to deliver automated quotes. It regularly supported over-the-counter (OTC) trading in the years after its creation, when Nasdaq became associated with OTC and was frequently synonymized as an OTC market by mainstream and trade magazines.  Later, the implementation of automated technologies was done to generate trade and volume information – it became the first exchange to offer electronic trading.  All deals made by investors on Nasdaq's electronic exchanges are executed through dealers, often known as "market makers," rather than directly through auctions.  Trading hours on the Nasdaq  The Nasdaq, like the NYSE, is open for trading from 9:30 a.m. to 4 p.m. ET. Traders can take advantage of Nasdaq's "pre-market" and "post-market" hours. From 4 a.m. to 9:30 a.m. ET and from 4 p.m. to 8 p.m. ET are the pre-market and post-market hours, respectively.  It is critical to account for the time difference between the United States and India while investing in India. The NYSE and NASDAQ open at 8 p.m. and close at 2.30 a.m. respectively, in Indian Standard Time (IST). The US stock markets open at 7 p.m. IST and close at 1:30 a.m. IST during daylight saving time. Source: Freepik Requirements for Nasdaq listing  A corporation must meet the following criteria to be on the Nasdaq electronic exchange  Meet specific financial, liquidity, and corporate governance standards.  Be a member of the Securities and Exchange Commission (SEC) (SEC)  At least three market makers are required.  Companies should meet the criteria regarding their size and trading volume  The approval of a company's listing might take anywhere from four to six weeks after an application is submitted.  Nasdaq Market Tiers in the United States  A corporation's shares will be offered under one of three market tiers, depending on the listing requirements:  1. Global select market This composite is weighted based on market capitalization and comprises stocks from domestic and international companies.   Companies listed here must meet Nasdaq's strict criteria. Nasdaq's Listing Qualifications Department Reviews Global Market listings on an annual basis and, if they are eligible, moves them to the Global Select Market.  2. Global market Nasdaq's Global Market comprises equities from companies listed in the United States and worldwide – classified as a mid-cap market.  3. Capital market Before Nasdaq changed its name, the Capital Market was known as the SmallCap Market. It is an extensive list of companies with smaller market capitalizations.  Nasdaq performance  Nasdaq's overall performance has been quite robust in the previous quarter-century because it is mostly tech stocks. The NASDAQ-100 index, which comprises the exchange's top 100 stocks, had a five-year return of 196.31 percent and a 10-year return of 552.24 percent as of November 3, 2021.   Meanwhile, the Composite Index returned 171.64 percent over five years and 444.12 percent over ten years. The Nasdaq has outpaced other vital indices, such as the S&P 500.  The Nasdaq Composite and Nasdaq 100 indexes  Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), and Tesla (TSLA) make up most of the Nasdaq Composite Index. On the other hand, Nasdaq includes corporations in the oil, industrial, consumer products, and healthcare areas.  The Nasdaq 100 index, for example, measures 100 of the Nasdaq Composite's largest and most commonly traded securities.  All things considered, the Nasdaq is a stock market where businesses can list their stock. Investors can purchase and sell corporate shares on these markets through brokers. Nasdaq is famed for its ingenuity.   To summarize many of the world's most prestigious businesses are now listed on the Nasdaq, and you trade in their securities either directly or via instruments like ETFs and mutual funds FAQs What is Nasdaq? Nasdaq stands for National Association of Securities Dealers Automated Quotations. It was a division of the National Association of Securities Dealers (NASD), now the Financial Industry Regulatory Authority (FINRA).   Nasdaq was set up as a platform for investors to trade assets automated, fast, and transparently. How does Nasdaq work? The Nasdaq was built from the ground up to deliver automated quotes. It regularly supported over-the-counter (OTC) trading in the years after its creation, when Nasdaq became associated with OTC and was frequently synonymized as an OTC market by mainstream and trade magazines.  What is in the Nasdaq? Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), and Tesla (TSLA) make up most of the Nasdaq Composite Index. On the other hand, Nasdaq includes corporations in the oil, industrial, consumer products, and healthcare areas.  The Nasdaq 100 index, for example, measures 100 of the Nasdaq Composite's largest and most commonly traded securities. Who owns the Nasdaq? Nasdaq is one of the largest stock exchanges in the world and the USA. It is owned by the AB Wallenberg family.

The economic impact of Covid-19 has kept Indian and global markets volatile. Markets can trade at higher valuations and drop suddenly without investors realizing it.   This has caused a lot of confusion among investors about how to protect their investment portfolios.  With markets still unpredictable, experts suggest it's the right time to invest in overseas equities like the U.S., especially for investors looking to manage risk through diversification.  Market experts suggest investing in U.S. stocks through Exchange Traded Funds (ETFs) and Funds of Funds (FoFs). So how can you invest in U.S. stocks through a mutual fund?  Read on, to know about U.S. stock mutual funds. What are the mutual fund options to invest in U.S. stocks? 1. Actively managed international mutual funds  International equity mutual funds are the funds that invest a subsequent portion of their total amount in U.S. equities; meanwhile, maintaining some portion focused on Indian equities can be an ideal choice for fresh investors who want to have exposure to the U.S. stock market.   2. ETFs and FoFs  Barring exposure to the U.S. stock markets, Exchange-traded funds and Funds of Funds can provide diversification benefits to the investor's portfolio looking for portfolio stability. ETFs track an underlying index, providing an organized and transparent investment approach while providing exposure to foreign markets. Fund of funds invests in several other mutual funds and allows investors to benefit from exposure to various investments with minimal investment amount. ETFs or FoFs are the cost-effective mode of investment to gain exposure to the U.S. market.  3. Index mutual funds  These funds are passively managed funds and track a specific index from the U.S. stock market. These funds replicate the composition of an index and try to match the returns generated by the same index while charging a low expense ratio.  Benefits of investing in U.S. stocks  Many investors ask why they invest in U.S. stocks when many Indian stocks offer high growth. Let's discuss some benefits of investing in U.S. stocks: Portfolio diversification: By investing in U.S. stocks, an investor can broaden & diversify the overall investment portfolio across the U.S. economy. This helps in mitigating any India-specific economic risks.  The benefit of dollar appreciation: In 2011, the USD-INR exchange rate stood at about Rs. 47. And today, it is around Rs. 82. This indicates that an investor who has invested in the U.S. stock market could have gained 36% by simply taking advantage of the currency appreciation. This gain is apart from the gains that could be made from the U.S. stock market.  Higher returns possibility through international exposure: Compared to the Indian stock market, the trends in the U.S. market have reflected comparatively lower volatility. The former has also provided higher returns on a currency-adjusted basis.  Exposure to companies with higher growth potential: The U.S. market is considered a leader compared to other international markets due to technological innovation, pharmaceutical advancements, and industrial expansion. Investing in U.S. stocks allows Indian investors to benefit from many innovative and high-potential companies.  Who invests in U.S. Stocks through Mutual funds?  Investing in U.S. equities through mutual funds is ideal for investors who:  Are seeking to attain diversification by widening their portfolio's geographical exposure  Want to gain international stock market exposure but at lower risk levels  Seeking higher gains beyond what domestic markets could provide  Have a longer investment horizon and higher risk appetite  Mutual funds help reduce the overall risk that can arise from exposure to the U.S. stock market, but investors should be aware that equity investments carry the risk of loss.  Factors to consider when investing in International mutual funds Investors should be aware of the following risks and tax considerations associated with investing in international mutual funds.  Every international fund has some common risks that investors must be prepared to take while investing in these to gain exposure to U.S. stocks. These are:  Exchange rate risk  Foreign market risk  Concentration risk  Investors must also remember that any returns from international fund investments attract taxes in India. Some points to note here are:  Any dividends of more than Rs. 5,000 from these funds attract TDS at 7.5% for resident investors.  Long-term capital gains tax at 20% is applicable on returns from units redeemed after staying invested for three years.   Short-term capital gains tax is applied per an individual's tax slab for returns from fund units that are redeemed before the completion of 3 years.  Conclusion  The pandemic has forced the world to adopt a new normal in many ways: how we invest, spend, and think about saving. Investors are now focused on keeping their available capital safe. At the same time, more investors are more willing to take risks when working internationally with their portfolios. What better way to explore international markets than to invest in U.S. stocks easily through mutual funds? Consult an expert advisor to get the right plan TALK TO AN EXPERT

Dozens of colleges, universities, and institutions have hundreds of scholarships. The criteria for winning the scholarship differ; some are need-based and merit-based, some are for specific communities, and some are for specific courses. Need-based scholarships for students  1. Fullbright-Nehru Master's Fellowships It’s given to students who are extraordinary to further study in master in the US universities.  Type of scholarship: merit-based  Total expenses covered: tuition cost, J-1 visa support, living expenses, transportation allowance, health or emergency help.  Eligibility criteria: a master's degree from a well-known Indian institution.  Time period: one to two years 2. Fulbright-Kalam Climate Fellowship  It's given to students who are doing research related to climate change in India and the USA.  Total expenses covered: a monthly allowance, j-1 visa support, round trip economy class flight allowance, and health/emergency help.  Eligibility criteria: this is given to students who are registered as Ph.D. students in Indian colleges and affiliated with the U host association. The Ph.D. thesis submission should not be before than 3 months earlier than the given date. Required copies of articles published or presented should be there given.   Time period: one to two years 3. National Overseas scholarship scheme by the Indian Government  It’s given to those students who uplift economic and students with low family income of SC, Denotified nomadic and semi-nomadic tribes, landless agricultural laborers, and traditional artisans who are in need of higher education.  Type of scholarships: Student-centric  Total expenses covered: Tuition fees, cost of books, air allowance, living expenses, health/emergency expenses, and visa fees.  Eligibility: Comes from SC, denotified nomadic and semi-nomadic, landless agricultural laborer and traditional artisans  Scored: at least 55% marks in UG or 55% in PG   Below 35 years  Combined family income less than 6 lakh.  Not having more than one sibling who got the same scholarship.  4. Great Wall program  The Chinese Ministry of Education provides learners and intellectuals from poor nations who want to study and support research in China the completely financed Great Wall Program Scholarship. The program offers support to both junior and senior research fellows. If the program being considered is offered in Chinese, the individual's competence in the language will be assessed.  Total expenses covered: tuition fees, monthly stipend, health insurance, and accommodation.  Eligibility: less than 45 years and having a bachelor’s or master's degree.   Time period: 1 year  5. GREAT Education Scholarships  Type of scholarship: merit-based and chosen college. Amount covered: £10,000 (Rs 9,41,648.52) for one year.  Eligibility: student has to be an Indian resident and has got admission to a selected college in the UK.  Time period: one year  6. Scotland’s Saltire scholarships  Type: merit-based  Expenses covered: £8000 (Rs753318.81), towards tuition fees  Eligibility: Indian residents, admission to selected universities in Scotland, also need to prove they can afford the remaining tuition fees.  Time: one year  7. The JN Tata Endowment  A partial fund of between INR 1-10 lakh to Indian candidates of masters, doctoral, postdoctoral, or research studies abroad.   Type: Rs 1- 10 lakh  Eligibility: It’s the most popular loan for students. Students applying for it should be an Indian resident. Students in their final year can also apply for this scholarship.  FAQ Which scholarship is best for Indian students?  These are some scholarships that are provided to students:  Oxford and Cambridge Society of India scholarships.  QS undergraduate scholarship  Cornell university TATA scholarship etc. Which country provides free scholarships to Indian students?  Germany offers to finance for all higher education programs, regardless of country, making it one of the best free college education nations for Indian students and their foreign colleagues.  Can poor Indian students study abroad?  Scholarships are among the keys to achieving your ambition of studying abroad if you're struggling financially. There are A lot of scholarships available, so regardless of your major, history, final destination, or financial circumstances, there is one with your name on it.  Which country is the cheapest for Indians to study in?  Norway has long been well-known for its high-quality, cost-free education system. Now that everyone, regardless of nationality, is entitled to free education at public universities, it can be regarded as the least expensive country for an Indian student.  Consult an expert advisor to get the right plan TALK TO AN EXPERT

How to earn money by investing and where to invest so that you can save a good amount for later years is a dilemma that many individuals encounter. There are numerous options, and an individual needs to choose the best-suited investment plan to grow their savings. We will look at some of the most popular investment opportunities to help investors understand “How to earn money by investing”. Some investment options to earn money 1. Debt Mutual Fund Schemes Debt Mutual Fund Schemes are fixed-income generating securities with a fixed interest rate and maturity date. These are good options for short and medium-term investments and ideal for risk-averse investors who are looking for good returns and stable investments.  The gains from the Debt Mutual Fund Schemes are eligible for indexation benefits after three years and are taxed at 20%.  Some of the important Debt Mutual Fund Schemes are Certificates of Deposit, Commercial Papers, Treasury Bills, Corporate Bonds, Government Securities, etc. There are different types of Debt Mutual Funds, like Liquid Funds, Money Market Funds, and Corporate Bond Funds and investors must choose the right option. Open an account on the Edufund App and start investing in Direct Mutual Funds with no hidden costs.  2. Equity Mutual Fund Schemes Equity Mutual Fund Schemes are the preferred investment tools of investors who are ready to take high risks for higher returns. The fund manager has to invest 65% of the assets in equity shares of different companies and the balance in any other money market instruments.  The Equity Mutual Fund Schemes can be actively managed by the fund manager by handpicking the stocks or passively managed by tracking the market index like the ETFs. These schemes are categorized based on investment strategies like the Sectoral Funds, market capitalization like the Large Cap Funds, or tax treatment like the ELSS Funds.   3. Investment in Gold Investment in actual gold, like bars, coins, or ornaments, is one of the traditional investment options, but it has several drawbacks like safety and higher cost. Gold ETFs and Sovereign Gold Bonds are comparatively safe and cost-effective investment schemes. 4. Equity Shares Investing in equity shares is not for faint-hearted investors as the risk is very high, and there is no guarantee of returns. Over the years, equity shares have delivered higher returns compared to other asset classes. Hence investors should invest with care.  5. Bank Fixed Deposits Bank Fixed Deposits have been the most common choice for investors who are looking for safe and secured investment options and assured returns. FDs can be for short, medium, or long periods depending upon the individual choice.  Banks offer a 5% to 7% rate of interest depending upon the tenure, although senior citizens are granted better interest rates than the general population. The Government of India has recently increased the limit of insurance cover on Fixed Deposits for both the principal and interest in case of bank failure to INR 5 Lakhs from the previous amount of INR 1 Lakh for each depositor in a bank.  6. Sweep-in Fixed Deposit The Sweep-in Fixed Deposit allows the investor to enjoy the interest rates of a regular bank FD with liquidity and flexibility features that the FDs do not enjoy.  For such a scheme, the account holder of a savings or current account gets his account linked to an FD. He has to specify a certain amount, above which the additional amount must be converted into an FD without any hassle. It is easy to withdraw the amount without penalties.  7. Post Office Schemes The Post Office Schemes are government-backed safe, and secured investment options. Some of them also offer tax-savings benefits U/S 80C of the Income Tax Act. The interest rates are generally set by the government at the start of every quarter of the fiscal year.  Prime examples of Post Office Schemes are National Savings Certificates with 6.8% per annum interest compounded annually, Sukanya Samriddhi Account with 7.6% per annum interest compounded annually, and Kisan Vikas Patra with 6.9% per annum interest compounded annually. TALK TO AN EXPERT

One of the largest AMCs in India, DSP has been helping investors make sound investment decisions responsibly and unemotionally for over 25 years. DSP is backed by the DSP Group, an almost 160-year-old Indian financial giant. The family behind DSP has been very influential in the growth and professionalization of capital markets and the money management business in India over the last one-and-a-half centuries. Let us talk about the flagship product – DSP Nifty 50 Equal Weight Index Fund. DSP Nifty 50 Equal Weight Index Fund  Investment objective The primary investment objective of the Scheme is to invest in companies that are constituents of the NIFTY 50 Equal Weight Index (underlying Index) in the same proportion as in the index and seeks to generate returns that are commensurate (before fees and expenses) with the performance of the underlying Index, "subject to tracking error".  Investment process   By matching the Nifty 50 Equal Weight TR Index, it allows you to invest in India's top 50 companies, each with the same weight in the portfolio. The portfolio is re-aligned every quarter so every stock's weight is brought back to 2%.  Portfolio composition  The portfolio has an entire equity exposure of 100% in large-cap companies. The top 5 sectors hold nearly 48% of the portfolio, with major exposure to the banking and automobile sectors. Note: Data as of 30th Sep 2022. The bar graph shows the top 5 sector weightage of the fund’s portfolio. Source: dspim.com https://www.youtube.com/shorts/MlOiPHJjTjs Top 5 holdings Name Sector Weightage % Axis Bank Ltd. Bank 2.34 Coal India Ltd.  Coal Mining company 2.19 Sun Pharmaceutical Industries Ltd. Pharmaceutical 2.16 HCL Technologies Technology 2.16 Power Grid Corporation of India Ltd.  Electric Services 2.12 Note: Data as of 30th Sep 2022. Source: ICICI Pru AMC Performance over 5 years  If you had invested 10,000 at the inception of the fund, it would be now valued at Rs. 16,625. This fund has outperformed the benchmark in all time horizons. Note: Performance of the fund since launch as on Nov 11, 2022. Source: Moneycontrol  The fund has given consistent returns and has outperformed the benchmark over the period of more than 5 years by generating a CAGR (Compounded Annual Growth Rate) of 10.58%. Fund managers  Anil Ghelani - Total work experience of 22 years. Managing the scheme since June 2019. He was also the CIO of DSP Mutual Fund.  Diipesh Shah - Total work experience of 20 years. Managing the scheme since November 2020.  Who should invest in the DSP Nifty 50 Equal Weight Index Fund?  Investors  Aiming to build wealth by investing conveniently & equally in the top 50 Indian companies.  Have the patience & mental resilience to remain invested for a decade or more.  Why invest in the DSP Nifty 50 Equal Weight Index Fund?  Can help you beat the impact of rising prices over the long term.  A well-diversified portfolio avoids undue concentration in a few stocks/sectors.  Horizon  One should look at investing for a minimum of 5 years or more.  Investment through a Systematic Investment Plan (SIP) may help in tackling the volatility of the broader equity market.  Conclusion  This is a zero-bias product since it only replicates an index and does not carry any stock or sector bias & does not have an 'active' fund manager. Relatively low-cost, with a comparatively lower expense ratio than active large-cap funds. It offers a well-diversified portfolio and avoids undue concentration in a few stocks/sectors. DisclaimerThis is not recommendation advice. All information in this blog is for educational purposes only.