EduFund Blogs

University admission interviews can often seem daunting and intimidating as a young student that’s about to enroll.”What questions will they ask?” “What if I answer wrong?” Don’t worry, university interviews are often not half as bad as you imagine. In fact, they’re a great way for you to touch base with those already working at the university and set expectations for what you will get out of the course, in terms of growth and future prospects.  To help you navigate these questions and come out on top, here are some of the most common interview questions asked during university admissions -  1. Why have you chosen this university? This isn’t a trick question or an opportunity for the candidate to appease the interviewers. Instead, it’s a genuine chance to explain why you chose the specific university you’re interviewing for, and what makes it special as compared to the other choices out there. It could be as simple as the fact that it is relatively close to where you reside, or because they offer a specific program that you’re looking for. Either way, make sure to be open and honest about the reason why you have chosen this particular university, and you should be good to go! 2. How did you enjoy high school? Interviewers ask this question for many reasons. Firstly, they would like to get to know a little background about you and how you fared during high school, from your point of view. Secondly, they are looking to hear about your general perception of educational institutions to get an idea of how you might perceive universities in the future. Remember to be careful about your criticism, and definitely avoid bad-mouthing your high school, as these are red flags to university admission interviewers. 3. Tell me about your strengths and weaknesses This is an interesting question that can reveal a lot about you. Avoid the worn-out, “I’m a perfectionist” and “I work too hard”, answers that the interviewers have heard before. Instead, choose, to be honest about your weaknesses and come forward with a truthful answer like, “I struggle with deadlines”. They will appreciate it much more, and you won’t feel like you’ve had to lie in an interview. 4. Do you have a role model? Here’s an interesting question that will allow you to speak more about the people you look up to. Maybe you’re pursuing a literature course and greatly look up to a renowned author. This is your chance to show the interviewer that you have role models in line with your aspirations, making it far more likely that you will complete the course and pursue a career in your chosen field. 5. What are your goals? This is your chance to be open and honest with the university about what you aim to achieve with your time there. Remember to leave nothing on the table and be clear about your dreams and goals, no matter how outlandish they may be. You never know how many candidates before you might have shared similar goals as you have now. You might even hear interesting accounts of past alumni that have already achieved the goals that you currently aspire to. 6. Where do you see yourself on completion of this course? This a very important question that you can definitely expect to be asked during your interview. With this question, interviewers are looking to find out what your endgame is, and how you plan to progress after you’ve graduated from the university. This is where they will get a chance to set your expectations straight if needed and find out how motivated to complete the course you are. Also, they’re looking to understand whether or not you are trying to pursue a career in a field related to the course of your study. 7. How do you wish to expand your skills with this course? This question might be a little more challenging to answer, considering you are likely a candidate that is just starting with the university. However, it is an opportunity for the interviewer to understand how you wish to grow and learn during your university study. Feel free, to be honest, and speak about the things that you would like to improve about yourself, and try and tie this into any weaknesses you might have mentioned about yourself earlier as a way to negate them. Conclusion While Universities don’t expect you to have all the answers upfront, make sure you do your due diligence by researching topics related to these questions. You want to come across as someone who is well prepared and informed about the university and their own goals and aspirations about the course you’re enrolling into. The more knowledgeable you appear, the more likely you are to ace the interview and land a seat in the university of your dreams. And to get you better prepared, EduFund is here to bring you the best education counselors in the country. They do their best to get you confident about the interview along with helping you with all the insider knowledge to give you an edge. FAQs What are some good questions that I can ask a university during admissions? You can ask questions about the diversity on the college campus; its achievements in sports, science, or any other field of your interest; the number of graduates attending the college, the school rating, their anti-ragging policies, etc. How can I impress a university during admissions? To impress a university during admissions, you have to be prepared. Research your course and school well; compile all the relevant documents well; show your previous work/ internship/ volunteering experience; have a sound statement of purpose; show originality in your application; add or improve on your relevant skills, etc. What do universities look for in a student? The answer varies from university to university. However, there are a few characteristics that every university wants in its students. Universities want students who either excel or show signs of excelling in their fields. They look for students who are dedicated to their field of education and show great promise. For a detailed answer, it would be a good idea to ask this question to your interviewer at the end of the interview.

Stressed about going abroad to study at your dream college? Wondering how to better plan your education abroad? Then, take a deep breath and let all the negativity flow out. Next, formulate a plan to go about the whole process in the most systematic way possible. There are a few intrinsic steps involved in this journey. We have made a list right here that can help you set your goals right and achieve them one at a time.   Top 10 Ways to plan your education abroad 1. A Basic plan  Every journey begins with a basic course of action. Sometimes journeys appear more difficult than they are and this is often the case with education abroad. Charting out what you want to do demystifies the complications, it offers you clarity on what you must do next and how much time you have to do it. When global education is involved, usually the course of action starts with deciding which part of the world you want to study. The following points can help you form a well-structured plan before you get started.  2. Looking up universities  Once you decide which places you are interested in, the next step is to make a list of universities and colleges. Make sure to put down the names of institutions that have crossed your mind. In fact, you can prepare separate priority lists - one for your dream colleges and another for institutions that can offer your desired course or potential research supervisor. This way, through newer shortlists you can reach the final list as you do more research on each college.  3. Time management  While noting down the names of the universities and colleges, make sure to also look up their application deadlines. Knowing the deadlines for submitting applications is what will give an ultimate edge to your course of action. Now you will have an idea about the approximate number of days you have in your hands to prep yourself. Usually, the date for submission of applications comes under the same month. Not knowing the deadlines is what creates all the stress and confusion. But once you are aware of them, you can be confident and focus on making optimum use of it in gathering resources, and money and developing your skills.   4. Savings  Going abroad is a costly affair. Knowing how much time you have on your hands also lets you calculate how much money you can save. The income-expenditure ratio also becomes important in deciding how much money you can put away as savings. Start saving as soon as you can. Even if you are not sure about going abroad for your higher education, it is still advisable to put away money in general for education. On deciding to pursue a global education, make note of the tuition fee, cost of living, and other miscellaneous expenses that might be incurred during your stay there. This gives you clarity on how much you will need to save.  5. Investment  Be it education or any other significant event in your life, investing is always an improvement upon saving money. Savings do not generate more wealth, investments do. You can look up different mutual fund schemes to know which one will be the best for you. Fixed deposits have a certain rate of interest, but mutual fund schemes usually offer more than that. You are also advised to start investing in foreign exchange stocks like US stocks to make up for the depreciating value of the Indian currency and the subsequent rise in the cost of pursuing education abroad.   6. Building Credit  Another financial aspect that is quite understated is the importance of building credit. Building and maintaining a good credit score can go a long way in availing you of the best deals in loans with negotiable rates of interest. It is also crucial to start young and early, for example, with education loans or simply with credit cards. When the time comes to go abroad, your impressive credit score will make you qualified for the student loan that can support your global education.    7. Scholarships  An important thing you are required to look up while checking out different institutions is the scholarships that apply to you. In a lot of cases, deserving candidates can avail themselves of different scholarships that pay their tuition fee or at least a considerable part of it. In the case of research, you might enjoy deductions on the tuition fee from the institution itself, alongside receiving a stipend. Read up thoroughly about these international scholarships and the criteria or qualifications required to avail of them.  8. Building Contacts  The process of building contacts is something you should ideally get started with while you are in the stage of planning the basic course of action. Taking the advice of peers or seniors who have already been through this process can offer perspective and useful information to ease up the journey for you. Later, you might have to build contacts with the faculty member(s) of certain institutions that you are aiming to get into. This is usually the case for research scholars and falls under the application procedure.  9. Skill Development  Skill Development takes into account prepping for the final application submission as well as becoming sharper at the subject you are going to pursue. Deciding to pursue global education is sometimes synonymous with entering tough competition. Make sure you are doing your best in presenting yourself to the world as a deserving candidate. Skill development also takes into account clearing the examinations that are often recommended or mandated by some institutions as proof of your worthiness. These include SAT, GMAT, GRE, TOEFL, IELTS, and so on.    10. Preparing for Applications & Interviews  Last comes the main procedure - that of submitting applications and attending interviews. As scary as it sounds, once you are done with all of the above, you will find yourself to be more at peace and confident to brave it all. Institutions might require you to submit essays or answer questions alongside the submission of the SOP and the main application. There might be interviews on a group or individual basis. Find out about these things beforehand so that you can be well-prepared when the time comes.    Conclusion The correct way to simplify a complicated procedure is to break it down into small parts and set short-term goals that make it look doable. The thought of pursuing global education can make you anxious at first but with the right plan, you can ace it.  EduFund is your partner through and through, whether it is guidance that you need or student loans, we're here for you. FAQs How can I make my application better for studying abroad? Start early. Be honest with your details, especially with your SOP. Show your involvement in extra-curricular activities, community service, and work experience. Add letters of recommendation from your teachers, counselors, employers, etc. How do I motivate myself to work on a better plan for education abroad? You can motivate yourself by constantly reminding yourself of the great educational and career opportunities that await you after you complete your studies. You'll have a whole new experience of living in a different country, miles away from home. You'll be able to learn great things about different cultures, share your culture with others, make new friends, learn a new language, and find great employment opportunities. What skills do I need to develop to study abroad? In order to not only get admission abroad but also successfully manage to thrive there, you must develop the following skills - Independence, adaptability, communication skills, cultural awareness, budgeting, time management, networking, flexibility, etc.

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

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

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

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

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

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

Remember the old children’s fable about the ant and the grasshopper? The ant planned for the future and saved up food and resources. Meanwhile, the grasshopper decided to live in the moment and enjoy the spring.  Then, when winter came, the ant was warm, well-fed, and secure. The grasshopper, not so much. As new parents, you may feel like you have years and years left to make education plans for your children’s future. But do you? Or are you setting yourself up for the grasshopper’s fate? Long-term plans are the best way to produce high and reliable returns; the earlier you start, the better.  An investment in knowledge pays the best dividends.”  Benjamin Franklin Creating a solid education plan for your children is the best investment you can do for them. But what does education planning in India entail?  Image by Andreas Wohlfhart on Pexels 1. Savings only go so far ‘Well’, you say, ‘we already have a savings account in our child’s name. Do we need to do more?’ The answer is yes because savings only go so far. While they are great as an emergency fund to cushion you in a sudden financial crisis, when creating an education fund for your child, they fall short. The main reason for this is, savings do not generate wealth. A savings account helps you preserve and protect the money you already have, but the interest on these accounts is not enough to generate wealth in the long run. Meanwhile, the costs of education in India and abroad continue to rise. If you have plans of sending your child to study abroad, simply saving will not help you. Investing, on the other hand, is an instrument of wealth generation. By putting your money in assets that appreciate over time, you are compounding your wealth instead of simply holding it idle. Investments also offer higher returns, helping you reach your financial goals quicker and much more easily.  2. Always plan for inflation Education costs are rising. Tuition fees for college abroad are rising even more. According to Forbes, the cost of an undergraduate degree in the United States has risen by almost 500% between 1985-86 and 2017-18. This is even higher than the rate of inflation in the US in the same time period.  Keeping these numbers in mind, your plans for your child’s future must keep this inflation in mind, especially if you want them to study abroad. This is another reason why savings are not a good option for child investment plans. As the value of money depreciates due to inflation, your savings lose value. You may have Rs.5 Lakhs saved right now for your child’s future, but the value of Rs. 5 Lakhs will have changed in the next 10-15 years. Will your savings be as valuable or useful for you or your child then? Likely not.  A much better way of combating inflation is investing your money in assets that are likely to appreciate over time. This way instead of devaluing your money, inflation can help you generate more wealth. If you want to invest in stocks and bonds, mutual funds, ETFs, etc., are an easy way for beginners to ease into the market. 3. Sips can be your friend SIPs, also known as Systematic Investment Plans, enable you to invest in mutual funds on a regular and timely basis. SIPs help in creating a regular mode through which you can invest small sums, periodically, instead of a large lump sum, all at once. This is an invaluable advantage for small investors because it enables you to invest when you may not have a lot of capital on hand. You can start a SIP investment scheme for child education for as little as Rs. 100 a month.  SIPs are ideal for long-term investment and goal-based investment planning. After all, regular investments are key to long-term financial planning. By keeping faith and investing regularly, even if the markets fall temporarily, your investments will rise in the long term when the markets are correct. This was the experience of SIP mutual fund investors who continued to invest in their plans during the 2008 recession. SIPs also offer automatic deductions which ensure you never miss an installment.  4. Consult a professional So how do you start investing for your child’s future? Beginners may find the stock market too complicated, too intimidating, and too risky at first. But don’t go hiding in your comfortable cocoon of savings just yet. It is true that investing comes with market risks, but if you have the right people and the right advice by your side, you can create a foolproof investment strategy.  Think about it this way, when your child is thinking about applying for colleges but is unsure of which college or degree will be the best fit for them, what do you do? You may offer them your own input and advice, and encourage them to talk to friends, seniors, teachers, etc. You may also hire a professional education counselor to offer counseling and advice with EduFund.  Similarly, when you are unsure of yourself and about how to start investing in your child’s education goals, consult a professional. If you are worried about the high fees a professional financial advisor may charge, you can look into consulting a financial advisory app like EduFund. An advisory service that specializes in education planning can be extremely helpful for you. 5. Always put your child first This is probably the most important part of any planning you do for your child. You must always put your child first. It is easy to superimpose your own dreams and expectations on your children, especially when they are young. Remember that you are planning for the sake of their hopes and dreams and not yours.  Be supportive and mindful of what your child wants. You should talk to them regularly about their future and what they have in mind. Tell them, especially when they are older, about the steps you have taken for their future, and ask them if those steps align with their dreams. It doesn’t make sense to plan for medical school if your child has an artistic bent of mind. Keep in mind that your children are the real stakeholders here.  Conclusion Child investment takes many forms. Every parent wants to raise their child to his or her highest possible potential. Reaching that potential can take quite a bit of money and this is why education planning and fundraising are important. Investing in your child’s education is a long-term goal that will require patience, faith, and reliable advisors. Research your options thoroughly, talk to the right people to get the right advice, and invest in the right places. With the right plans in place, no goal is too far. FAQs Why is it important to have a financial plan for my child's education? A financial plan creates a roadmap and assists you in achieving the goal you had set for yourself. Does it really help to start saving for a child's education even before birth? Yes, the earlier you start saving, the higher your savings will grow. The power of compounding is a great factor in advance savings. How does an education plan for new parents? Through advanced education planning as new parents, they can save enough money to fund their child's future and possibly expensive educational dreams. Consult an expert advisor to get the right plan TALK TO AN EXPERT

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

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

Kotak Mahindra Mutual Fund is among the top 10 Asset Management Companies (AMC) in India in terms of Assets under Management (AuM) size. The fund house's Average Assets Under Management in the December 2020 quarter was INR 21,622,792.11.  The asset manager of Kotak Mahindra Mutual Fund (KMMF) is Kotak Mahindra Asset Management Company Limited (KMAMC), a wholly-owned subsidiary of Kotak Mahindra Bank Limited. The Kotak Mahindra Group was established in 1985 and has a legacy of over thirty years in the financial sector. The group received a banking license in 2003 and earned the distinction of becoming the first-ever non-banking financial company to get a banking license. The Kotak Mahindra Group's consolidated net worth exceeds US$ 5 billion. It provides services in commercial banking, mutual funds, stockbroking, investment banking, and life insurance. Besides hundreds of branches, the group also has an International Business Unit in Gujarat's GIFT City and several international offices in Singapore, Mauritius, Dubai, London, New York, and Abu Dhabi.  Kotak Mahindra AMC launched its operations in December 1998 and presently has over 74 lakh active investors investing in various mutual fund schemes. It has more than 85 branches in more than 82 Indian cities targeting all categories of investors. According to industry estimates, almost 95% of DSP mutual fund schemes provide benchmark-beating returns in their category. Kotak Mahindra AMC is the first AMC in India to launch a gilt scheme that invests solely in government securities.  Kotak Mahindra Mutual Fund offers mutual fund schemes in the following categories: Equity - 13 nos. Debt - 12 nos. Hybrid - 5 nos. Tax Saver - 1 no. Liquid and Overnight Scheme - 1 no. Fund of Funds - 3 nos. Exchange-Traded Funds (ETF) - 6 nos. Index Funds - 1 no. Important information about Kotak Mahindra mutual fund Mutual Fund NameKotak Mahindra Mutual FundEstablished On23rd June 1998Date of Incorporation5th August 1994SponsorKotak Mahindra Bank LimitedTrusteeKotak Mahindra Trustee Co. Ltd.Directors, Trustee CompanyMr Amit Krishnakant Desai Mr Sharadkumar Bhatia Mr Chandrashekhar Sathe Mr Uday PhadkeDirectors, Asset Management CompanyMr Uday S. Kotak Mr Nilesh Shah Mr Chengalath Jayaram Mr Gaurang Shah Mr Nalin Shah Mr Sanjiv Malhotra Ms Anjali Bansal Mr Krishnakumar NatarajanChairmanMr. Uday KotakGroup President & Managing Director, KMAMCMr. Nilesh ShahChief Operations OfficerMr. R. KrishnanCompliance Officer & Company SecretaryMs. Jolly BhattChief Investment Officer ( Debt) & Head ProductsMs. Lakshmi IyerSr. Vice President & Fund Manager - EquityMr. Harish KrishnanInvestor Service OfficerMs. Sushma MataRegistrarComputer Age Management Services Ltd. Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002 Phone: 1800-3010-6767 / 1800-419-7676 Fax: 044-30407101 Email: enq_h@camsonline.com Website: www.camsonline.comAuditorsGrant Thornton India LLP 9th Floor, Classic Pentagon, Near Bisleri,Western Express Highway,Andheri (E), Mumbai - 400 099CustodiansDeutsche Bank AG Deutsche Bank House,Hazarimal Somani Marg, FortMumbai 400 001 Standard Chartered Bank 23/25, M. G. RoadAMC AddressKotak Mahindra Asset Management Company Ltd Address: 27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai - 400051Phone Number022-61152100 / 1800-22-2626Fax022-66384455Emailmutual@kotak.comWebsitehttp://www.kotakmutual.com Ten top-performing Kotak Mahindra mutual fund schemes  Kotak Mahindra Mutual Fund schemes have consistently generated gravity-defying returns across all timeframes. Most of its schemes have beaten the benchmark in their category. The following are the top 10 Kotak Mutual Fund schemes that give the best returns. 1. Kotak Small Cap Fund (Category - Equity: Small Cap) This open-ended fund invests in high-quality small-sized companies that have tremendous growth potential.  The fund has a NAV of 117.4490 (Regular Growth) (as of 19th April 2021), and is one of the top-performing funds in the 'Equity: Small Cap' category. The fund was launched on 24th February 2005 and has given trailing returns of 105% in one year (as of 19th April 2021). The fund considers the NIFTY Smallcap 100 TRI as its benchmark.   Key information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 1,000Minimum WithdrawalINR 1,000Exit Load1% for withdrawals before 365 daysReturn Since Inception (24th February 2005):INR 3,423 Crore (as of 31st March, 2021)Assets2.20% (as of 31st March, 2021)Expense Ratio2.20% (as on 31st March, 2021) 2. Kotak Pioneer Fund (Category - Equity: Thematic) This open-ended fund invests in overseas mutual funds and Indian companies with innovative business ideas and growth potential. The fund has a NAV of 15.2040 (Regular Growth) (as of 19th April 2021), and is one of the top-performing funds in the 'Equity: Thematic' category. The fund was launched on 31st October 2019 and has given trailing returns of 81.32% in one year (as of 19th April 2021). The fund considers the Kotak India Pioneering Innovations Index (85), and MSCI ACWI Information Technology TRI (15) as its benchmark.   Key information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 1,000Minimum WithdrawalINR 1,000Exit Load1% for withdrawals before 365 daysReturn Since Inception (31st October 2019):2.36% (as of 31st March 2021)Assets2.36% (as of 31st March, 2021)Expense RatioINR 914 Crore (as of 31st March 2021) 3. Kotak Emerging Equity Fund (Category - Equity: Mid Cap) This open-ended fund invests in high-quality mid-sized companies with good fundamentals.  This open-ended fund has a NAV of 56.4960 (Regular Growth) (as of 19th April 2021), and is one of the top-performing funds in the 'Equity: Mid Cap' category. The fund was launched on 30th March 2007 and has given trailing returns of 74.61% in one year (as of 19th April, 2021). The fund considers the NIFTY Midcap 100 TRI as its benchmark.   Key information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 1,000Minimum WithdrawalINR 1,000Exit Load1% for withdrawals before 365 daysReturn Since Inception (30th March 2007):13.10% (as of 19th April 2021)AssetsINR 10,938 Crore (as of 31st March 2021)Expense Ratio1.85% (as of 31st March 2021) 4. Kotak NV 20 ETF (Category - Equity: Large Cap) This open-ended fund invests in top-class companies in the large-cap segment. The fund has a NAV of 78.8651 (IDCW) (as of 19th April 2021), and is one of the top-performing funds in the 'Equity: Large Cap' category. The fund was launched on 2nd December 2015 and has given trailing returns of 62.42% in one year (as of 19th April, 2021). The fund considers the NIFTY 50 Value 20 TRI as its benchmark.   Key information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP Investment-Minimum Withdrawal-Exit LoadNilReturn Since Inception (2nd December 2015):16.56% (as of 19th April 2021)AssetsINR 19 Crore (as of 31st March 2021)Expense Ratio0.14% (as of 31st March 2021) 5. Kotak Infrastructure and Economic Reform Fund - Standard Plan (Category - Equity: Sectoral - Infrastructure) This open-ended fund invests in companies that can benefit from the infrastructural reform. The fund has a NAV of 23.9400 (Regular Growth) (as of 19th April 2021), and is one of the best-performing funds in the 'Equity: Sectoral - Infrastructure' category. The fund was launched on 25th February 2008 and has given trailing returns of 60.38% in one year (as of 19th April, 2021). The fund considers the India Infrastructure TRI as its benchmark.   Key information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 1,000Minimum WithdrawalINR 1,000Exit Load1% for withdrawals before 365 daysReturn Since Inception (25th February 2008):2.50% (as of 31st March 2021)Assets2.50% (as of 31st March, 2021)Expense RatioINR 341 Crore (as of 31st March 2021) 6. Kotak India EQ Contra Fund (Category - Equity: Value Oriented) This open-ended contrarian fund invests in companies with high growth potential but not much participation in the sectoral rally. The fund has a NAV of 67.7280  (Regular Growth) (as of 19th April 2021) and is one of the top-performing funds in the 'Equity: Value Oriented' category. The fund was launched on 27th July 2005 and has given trailing returns of 57.83% in one year (as of 19th April 2021). The fund considers the NIFTY 100 TRI as its benchmark.   Key information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 1,000Minimum WithdrawalINR 1,000Exit Load1% for withdrawals before 365 daysReturn Since Inception (27th July 2005):2.35% (as of 31st March 2021)Assets2.35% (as of 31st March, 2021)Expense RatioINR 943 Crore (as of 31st March 2021) 7. Kotak Bluechip Fund (Category - Equity: Large Cap) This open-ended contrarian fund invests in large-cap companies with high growth potential. The fund has a NAV of 305.8890 (Regular Growth) (as of 19th April 2021), and is one of the top-performing funds in the 'Equity: Large Cap' category. The fund was launched on 29th December 1998 and has given trailing returns of 54.73% in one year (as of 19th April 2021). The fund considers the NIFTY 50 TRI as its benchmark.   Key information Minimum InvestmentINR 1,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 100Minimum WithdrawalINR 1,000Exit Load1% for withdrawals before 365 daysReturn Since Inception (29th December 1998):INR 2,357 Crore (as of 31st March, 2021)AssetsINR 2,357 Crore (as of 31st March 2021)Expense Ratio2.33% (as of 31st March 2021) 8. Kotak Equity Hybrid Fund (Category - Hybrid: Aggressive Hybrid) This open-ended hybrid fund invests up to 80% of your money in equity stocks and the rest in bonds and high-quality debt instruments.  The fund has a NAV of 19.7240 (Regular Growth) (as on 19th April, 2021), and is one of the top-performing funds in the 'Hybrid: Aggressive Hybrid' category. The fund was launched on 25th November 1999 and has given trailing returns of 53.47% in one year (as on 19th April, 2021). The fund considers the NIFTY 50 Hybrid Composite Debt 65:35 as its benchmark.   Key information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 1,000Minimum WithdrawalINR 1,000Exit Load1% for withdrawals before 365 daysReturn Since Inception (25th November 1999):14.27% (as on 19th April, 2021)AssetsINR 1,380 Crore (as on 31st March, 2021)Expense Ratio2.23% (as on 31st March, 2021) 9. Kotak Global Emerging Market Fund (Category - Equity: International) This open-ended hybrid fund invests in foreign companies' shares. The fund has a NAV of 23.7030 (Regular Growth) (as of 19th April 2021), and is one of the top-performing funds in the 'Equity: International' category. The fund was launched on 26th September 2007 and has given trailing returns of 55.47% in one year (as of 19th April 2021). The fund considers the MSCI Emerging Markets as its benchmark.   Key information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 1,000Minimum WithdrawalINR 1,000Exit Load1% for withdrawals before 365 daysReturn Since Inception (26th September 2007):INR 128 Crore (as of 31st March, 2021)Assets6.57% (as of 19th April 2021)Expense RatioINR 128 Crore (as of 31st March 2021) 10. Kotak Focused Equity Fund (Category - Equity: Flexi Cap) This open-ended fund invests in quality companies across sectors that have the potential for healthy growth. The fund has a NAV of 13.1670 (Regular Growth) (as of 19th April 2021), and is one of the top-performing funds in the 'Equity: Flexi Cap' category. The fund was launched on 16th July 2019 and has given trailing returns of 51.59% in one year (as of 19th April 2021). The fund considers the NIFTY 200 TRI as its benchmark.   Key information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 1,000Minimum WithdrawalINR 1,000Exit Load1% for withdrawals before 365 daysReturn Since Inception (16th July 2019:2.19% (as on 31st March 2021)AssetsINR 1,865 Crore (as of 31st March 2021)Expense Ratio2.19% (as of 31st March 2021) How can you invest in the Kotak Mahindra mutual fund via EduFund? EduFund makes investing in Kotak Mahindra Mutual Fund easy. Its secure interface, with top-class authentication and encryption technology, ensures bank-like safe transactions and account management. You can quickly invest in a Kotak Mahindra mutual fund scheme by following the below-mentioned steps. Step 1: Download the EduFund app on Google Play Store or Apple App Store and create an account. Step 2:  Choose a scheme and select 'Systematic Investment Plan' (SIP) or 'Invest a Lump Sum.' SIP starts from INR 500 every month, and the lump sum begins from INR 5,000.  Step 3: EduFund provides you with the option to invest, redeem units, close the account, and switch your investment from one fund to another. You can get all information at your fingertips. Step 4: You may talk to a counselor to figure out the best scheme for your financial goals. EduFund's counselors assess your requirements and scan multiple data points to recommend the best Kotak Mahindra mutual fund scheme(s) for you.  Seven best-performing fund managers at Kotak Mahindra Mutual fund 1. Mr. Abhishek Bisen Mr. Abhishek Bisen, Senior Vice President, of Kotak Mahindra Asset Management Company (KMAMC), joined the company in 2006. His educational qualifications include B.A. (Management) and MBA (Finance). Before joining KMAMC, he worked with the Securities Trading Corporation Of India Ltd. He looks after eight (8) schemes of KMAMC, including Kotak Debt Hybrid, Kotak Equity Hybrid, Kotak Gold ETF, Kotak Balanced Advantage Fund, and Kotak Equity Savings.  2. Mr. Deepak Agrawal Mr. Deepak Agrawal, Senior Vice President, Kotak Mahindra Asset Management Company (KMAMC), started his career with Kotak AMC in December 2002. He was initiated into research and dealing, and in November 2006, he entered into fund management. Mr. Agrawal's educational qualifications include M.Com, CA, and C.S. He manages all Fixed Maturity Plans and twelve (12) funds of KMAMC, including Kotak Dynamic Bond Fund, Kotak Floating Rate Fund, Kotak Banking, and PSU Debt Fund, Kotak Money Market Fund, and Kotak Liquid Fund.  3. Mr. Harsha Upadhyaya Mr. Harsha Upadhyaya, Chief Investment Officer - Equity, Kotak Mahindra Asset Management Company (KMAMC), has over twenty years of fund management and equity research experience. His educational qualifications include a B.E. (Mechanical) from the National Institute of Technology, Suratkal, PGDM Finance (IIM, Lucknow), and CFA (CFA Institute, USA). Before joining KMAMC, he worked for several financial organizations like UTI Asset Management, DSP BlackRock, SG Asia Securities, and the Reliance Group. Mr. Upadhyaya looks after four (4) funds of KMAMC, including Kotak Equity Opportunities Fund, Kotak Tax Saver Fund, Kotak Standard Multicap Fund, and Kotak ESG Opportunities Fund.  4. Mr. Harish Krishnan Mr. Harish Krishnan, Sr. Vice President & Fund Manager - Equity, Kotak Mahindra Asset Management Company (KMAMC), has over a decade of fund management and equity research experience. Before joining Kotak Mutual Fund, he managed Kotak's offshore funds in Dubai and Singapore. He also worked with Infosys Technologies Ltd. His educational qualifications include B.Tech ECE (GEC, Trichur), PGDM (IIM, Kozhikode), and CFA (CFA Institute, USA). Mr. Krishnan manages seven (7) funds of KMAMC, including Kotak Pioneer Fund, Kotak Bluechip Fund, Kotak Focused Equity Fund, Kotak India Growth Fund Series 5, and Kotak Infrastructure & Economic Reform Fund.  5. Mr Pankaj Tibrewal Mr. Pankaj Tibrewal, Sr. Vice President & Fund Manager (Equity), Kotak Mahindra Asset Management Company (KMAMC), holds the distinction of being featured in the Outlook Business list of top-10 fund managers in India for four consecutive years between 2016 and 2019. His educational qualifications include B.Com (St. Xavier's College, Kolkata) and a Master's in Finance (Manchester University, U.K.). Mr. Tibrewal has over 17 years of experience in managing several equity and debt schemes. Before joining KMAMC, he served as Principal Mutual Fund. He looks after three (3) funds at KMAMC, including Kotak Small Cap Fund, Kotak Equity Hybrid Fund, and Kotak Emerging Equity Fund.  6. Ms Shibani Sircar Kurian  Ms. Shibani Sircar Kurian, Fund Manager - Equity, Kotak Mahindra Asset Management Company (KMAMC), has more than twenty (20) years of experience in equity markets. She presides over equity research at KMAMC. Her primary responsibility is to track the banking, financial services, and Information Technology sectors. Before joining KMAMC, she worked with UTI Mutual Fund and Dawnay Day A.V. Financial Services. Her educational qualifications include B.Sc. Economics Hons. (St. Xavier's College, Kolkata) and PGDM Finance (T.A. Pai Management Institute, Manipal). Ms. Kurian manages three (3) mutual fund schemes in KMAMC, including Kotak India EQ Contra Fund, Kotak Focused Equity Fund, and Kotak India Growth Fund Series 7.  7. Mr Devender Singhal Mr Devender Singhal, Fund Manager - Equity, joined Kotak Mahindra Asset Management Company in July 2007. He has fourteen (14) years of experience in fund management and equity research in several financial institutions like Kotak Securities Ltd., Religare, Karvy, P N Vijay Financial Services Pvt Ltd, and Dundee Mutual Fund. His educational qualifications include B.Sc. Maths (Delhi University) and PGDM Finance (FORE School of Management, New Delhi). He manages eight (8) funds at KMAMC, including Kotak Debt Hybrid Fund, Kotak India Growth Fund Series-4, Kotak NV20 ETF, Kotak Banking ETF, and Kotak PSU Bank ETF.  Why should you invest in Kotak Mahindra Mutual Fund? Kotak Mahindra Mutual Fund offers various schemes across asset classes. The fund house is present in 80 cities, where it has over 84 branches. Several of its schemes have provided benchmark-beating returns since inception and across all timeframes. The AMC also provides many educational resources for new and experienced mutual fund investors on its website. Hence, you should invest in Kotak Mahindra mutual fund to get decent returns on your investment. Select EduFund for investing in Kotak Mahindra mutual fund EduFund eliminates the need to browse all Kotak Mahindra mutual fund schemes, as it scans one lakh data points and 400 financial scenarios to help you pick the best scheme for you. EduFund enables you to set a financial goal, such as children's higher education, and its free calculator helps you calculate the cost. Once you have determined the cost, you can check which Kotak Mahindra mutual fund scheme(s) can help grow your capital. You may also speak to a counselor for free, who will happily guide you in finding the best scheme.      EduFund's educational resources and free tools are meant to make Kotak Mahindra mutual fund investments simpler for you. And, EduFund's 128-SSL security parameter guarantees 100% safe transactions and secure portfolio management.  FAQs Which is the best Kotak Mahindra fund? Top-rated Kotak Mahindra mutual funds: Kotak Small Cap Fund (Category – Equity: Small Cap) Kotak Pioneer Fund (Category – Equity: Thematic) Kotak Emerging Equity Fund (Category – Equity: Mid Cap) Kotak NV 20 ETF (Category – Equity: Large Cap) Kotak Infrastructure and Economic Reform Fund – Standard Plan (Category – Equity: Sectoral – Infrastructure) Is Kotak mutual fund safe? Kotak Mahindra Mutual Fund offers various schemes across asset classes. The fund house is present in 80 cities, where it has over 84 branches. Several of its schemes have provided benchmark-beating returns since inception and across all timeframes. The AMC also provides many educational resources for new and experienced mutual fund investors on its website. Hence, you can consider investing in Kotak Mahindra mutual fund to get decent returns on your investment. Please talk to a financial expert before investing in this fund. Can I withdraw the mutual fund anytime? You can withdraw your mutual fund investment anytime unless it’s Equity Linked Saving Scheme (ELSS) which has a lock-in period of 3 years. But investors should keep in mind if there is any exit load applicable on investments which is the charge deducted by AMCs to discourage investors from withdrawing the money prematurely. Which is better MF or SIP?   There are two types of investments in a mutual fund- Lump sum and SIP. Lump sum investments are best suited in ELSS, where they draw higher returns when the market is steady. SIPs usually perform better in a volatile market. DisclaimerThe data in this presentation are meant for general reading purposes only and are not meant to serve as a professional guide/investment advice for the readers. This presentation has been prepared on the basis of publicly available information, internally developed data and other sources believed to be reliable.Whilst no action has been suggested or offered based upon the information provided herein, due care has been taken to endeavor that the facts are accurate and reasonable as of date. The information placed on the presentation is for informational purposes only and does not constitute an offer to sell or buy a security.The Company reserves the right to make modifications and alterations to the content available on the presentation. Readers are advised to seek independent professional advice and arrive at an informed investment decision before making any investment. Investment in the securities market is subject to market risks, read all the related documents carefully before investing. Past performance of securities/instruments is not indicative of their future performance. The valuation of securities may increase or decrease depending on the factors affecting the securities market.

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