EduFund Blogs

Parag Parikh Financial Advisory Services is a unique fund house that draws its inspiration from the Hammurabi Code. King Hammurabi (18th Century BC) is recognized as the world's first coder of social laws. Hammurabi's law stated that if a house collapses, causing the occupant's death, it is the builder's liability, and he must be executed. To demonstrate this conviction in their asset management methodology, the management motivated company insiders to buy units in the Parag Parikh Flexi Cap Fund. Presently, company insiders hold 4.653 crore units, and the total amount they have invested is INR 156.41 crores. The management believes that when their own stake is involved in the fund, they will take informed decisions and never indulge in reckless behavior. The promoter of PPFAS Asset Management Company (PPFAS AMC) is Parag Parikh Financial Advisory Services Pvt. Ltd. (PPFAS Ltd.). PPFAS Ltd. is a 1992-incorporated boutique investment advisory firm. It is also one of the oldest SEBI Registered Portfolio Management Service (PMS) providers in India. The PPFAS mutual fund's investment methodology is much different from other mutual fund houses operating in India. While most other companies run after algorithms, momentum, and technical analysis, PPFAS mutual fund relies on conventional metrics like cash flow, debt, price earnings, etc., to pick stocks with tremendous growth potential. Another unique thing about PPFAS mutual fund is that it stops accepting lump sum deposits from the public when equity valuations are extremely high. Generally, when the market is at its peak, retail investors get carried away and pour in money. While eventually, the market consolidates, investors grapple with monumental losses. PPFAS mutual fund's innovative fund management style intends to reduce losses and generate profits consistently. PPFAS AMC is headed by Mr. Neil Parag Parikh, who is the Chairman and Chief Executive Officer of the company. He holds 15,61,216 units in the Parag Parikh Flexi Cap Fund. The Investment Manager of PPFAS Mutual Fund is PPFAS Asset Management Private Limited. The company was registered on 08/08/2011. Parag Parikh Financial Advisory Services Private Limited holds 100% shares in the company. PPFAS mutual fund's Asset Under Management (AUM) grew to INR 2,871.87 Crore in the financial year 2019-20 from INR 1,961.51 Crore in the previous financial year. In the financial year 2018-19, the AMC had 80,289 investors investing in its various mutual fund schemes. The figure increased to 1,84,789 in the financial year 2019-20. PPFAS Asset Management Private Limited's operating income increased to INR 1,832.12 lakhs in the financial year 2019-20 from INR 1,538.31 lakhs in the previous year. The AMC's Profit before Depreciation, Tax, and Exceptional & Extraordinary items grew to INR 638.29 lakhs from INR 618.53 lakhs. And the Reserves & Surplus increased to INR 3,061.16 lakhs from 2,715.15 lakhs. Important information about PPFAS Mutual Fund Mutual Fund NamePPFAS Mutual FundInvestment ManagerPPFAS Asset Management Private LimitedEstablished10th October 2012Date of Incorporation8th August 2011Sponsor Parag Parikh Financial Advisory Services Limited 81/82, 8th Floor, SakharBhavan, Ramnath GoenkaMarg, 230 Nariman Point,Mumbai-400021TrusteePPFAS Trustee Company Private LimitedChairman and Director, PPFAS Asset Management Private LimitedNeil Parag ParikhChief Executive OfficerNeil Parag ParikhDirectorRajeev Thakkar Shashi KatariaIndependent DirectorsKamlesh Somani Rajesh Bhojani Arindam GhoshChief Financial OfficerShashi KatariaCompliance OfficerPriya HarianiInvestor Service OfficerAalok MehtaStatutory AuditorsCVK & Associates, Chartered Accountants 2, Samarth Apartments, D S Babrekar Road,Off Gokhale Road (North), Dadar (West),Mumbai 400 028Tel. No: +91-22-24468717,+ 91-22-24451488Fax. No: +91-22-24466139BankersHDFC Bank Limited 81/82, 8th Floor, Sakhar Bhavan, Ramnath Goenka Marg, 230 Nariman Point - 400021Registered Address, PPFAS Asset Management Pvt.Ltd.81/82, 8th Floor, Sakhar Bhavan, Ramnath Goenka Marg, 230 Nariman Point Mumbai - 400021Phone 22-61406555 / 1800-266-7790Fax022-61406590Emailmf@ppfas.comWebsitehttps://www.amc.ppfas.comRegistrar & Transfer AgentComputer 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.com Three top-performing Parag Parikh mutual fund schemes  1. Parag Parikh Flexi Cap Fund (formerly known as Parag Parikh Long Term Equity Fund) The Parag Parikh Flexi Cap Fund, with a NAV of 38.8948 (Regular Growth) (as of 13th April 2021), is the top-performing fund in the 'Equity: Flexi Cap' category. This open-ended fund was launched on 28th May 2013 and has given trailing returns of 70.41% in one year (as of 13th April 2021). The fund considers the NIFTY 500 TRI as its benchmark.  Key information Minimum InvestmentINR 1,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 1,000Minimum WithdrawalINR 1,000Exit Load2% for redemption before 365 days; 1% for withdrawals between 366 and 730 days; Nil for redemption after 731 daysReturn Since Inception (28th May 2013):18.81% (as of 13th April 2021)AssetsINR 8,182 Crore (as of 31st March 2021)Expense Ratio1.86% (as of 28th February 2021) 2. Parag Parikh Liquid Fund The Parag Parikh Liquid Fund, with a NAV of 1,150.8854 (Regular Growth) (as of 14th April 2021), is the top-performing fund in the 'Debt: Liquid' category. This open-ended fund was launched on 11th May 2018 and has given trailing returns of 3.10% in one year (as of 12th April 2021). The fund considers the CRISIL Liquid TRI as its benchmark.  Key information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 1,000Minimum WithdrawalINR 1,000Exit LoadNil for redemption after 6 daysReturn Since Inception (11th May 2018):4.92% (as of 14th April 2021)AssetsINR 1,243 Crore (as of 31st March 2021)Expense Ratio0.26% (as of 28th February 2021) 3. Parag Parikh Tax Saver Fund The Parag Parikh Tax Saver Fund, with a NAV of 14.5112 (Regular Growth) (as of 14th April 2021), is the top-performing fund in the 'Equity: ELSS' category. This open-ended fund was launched on 24th July 2019 and has given trailing returns of 59.68% in one year (as of 12th April 2021). The fund considers the NIFTY 500 TRI as its benchmark.  Key Information Minimum InvestmentINR 500Minimum Additional InvestmentINR 500Minimum SIP InvestmentINR 1,000Minimum WithdrawalINR 500Exit LoadNil (Lock-in period - 3 years)Return Since Inception (24th July 2019):24.12% (as of 13th April 2021)AssetsINR 179 Crore (as of 31st March, 2021)Expense RatioINR 179 Crore (as of 31st March 2021) How can you invest in PPFAS Mutual Fund via EduFund? EduFund is a one-stop app for investing in the top-rated schemes of the PPFAS mutual funds. All transactions on EduFund are secured with international-standard authentication and encryption. Hence, hackers or malware can never infringe upon your financial privacy. Investing in PPFAS mutual fund is a straightforward six-step process Step 1: Open Google Play Store or Apple App Store, type 'EduFund,' and download the app. Step 2: Create an account by entering details such as name, email, and mobile phone number. Step 3: Browse the various PPFAS mutual fund schemes, view the Net Asset Value (NAV), and check the returns, expense ratio, nature (open-ended/ close-ended), date of launch, returns since inception, and other details. Choose the scheme that best suits your financial goals. Step 4: Choose an amount to invest. You can start with a lump sum of INR 5,000 or a SIP (Systematic Investment Plan) of INR 500. EduFund provides you with two options - Growth and Dividend. The dividend option will suit you more if you want to get a regular income. In contrast, the growth option is better if you are investing for getting a lump sum amount after a few years.  Step 5: When you invest in a scheme, the units get credited to your EduFund account within four (4) days. You can check the current value, NAV, balance, and other details in the app. You can also invest more, withdraw money, or switch to another fund. In case you need further help, EduFund's expert advisors are available to help you with the selection process.  Step 6: You are all set to witness the growth of your capital.  Three best-performing fund managers at PPFAS Mutual Fund 1. Mr. Rajeev Thakkar Mr. Rajeev Thakkar, Chief Investment Officer and Equity Fund Manager, at PPFAS mutual fund, joined the company in 2001. His professional journey started in 1994. He has extensive experience in asset management and capital markets. His specialties include investment banking, fixed income, Portfolio Management Services, and broking operations. Before joining PPFAS AMC, he worked as Manager of Fixed Income Securities at DIL Vikas Finance Limited for two years. He also worked with Prime Securities as Manager of Investment Banking for five years. Mr. Thakkar did his schooling at St. Xavier's High School and a Bachelor of Commerce from Narsee Monjee College of Commerce and Economics. He is also a Chartered Accountant (The Institute of Chartered Accountants of India) and CFA Charter (CFA Institute, USA). Mr. Thakkar manages the Parag Parikh Flexi Cap Fund. 2. Mr. Raunak Onkar Mr. Raunak Onkar, Research Head of, PPFAS mutual fund, joined the company in January 2012. Before joining PPFAS AMC, he worked with Parag Parikh Financial Advisory Services Limited as an Analyst and Intern (Research Trainee) between May 2008 and January 2012. He has more than ten years of experience in Equity Research, Portfolio Management, Research, Capital Markets, Valuation, Business Analysis, Investments, Finance, Hedging, Asset Management, and Mutual Funds. His educational qualifications include a Bachelor of Science in Information Technology and a Master in Management Studies Finance (University of Mumbai).  3. Mr. Raj Mehta Mr. Raj Mehta, Fund Manager, of PPFAS mutual fund, joined the company in August 2012 as a Research Trainee. Before joining PPFAS AMC, he worked with K.P. Mehta & Co. as an Article Assistant. His specialties include Equity Research Analysis, Financial Analysis, Financial Modelling, Auditing, Accounting, and taxation. Mr. Mehta did B.Com and M.Com from Narsee Monjee College of Commerce and Economics. He is also a CFA Charterholder and Chartered Accountant. He participates in various TV channels and writes for several financial publications.  Why should you invest in PPFAS mutual fund? PPFAS is a unique mutual fund house that offers only three schemes. They identify value-oriented stocks with solid fundamentals and invest. The best thing about PPFAS mutual fund's flagship scheme Flexi Cap Fund is that it invests in high-quality Indian and international companies that have delivered steady returns irrespective of market conditions. The fund managers at PPFAS AMC have a consistent track record of generating gravity-defying returns. Another exciting thing about PPFAS mutual fund is that it stops accepting lump sum public deposits when they find that the valuations are too stretched. Hence, you should consider investing in a PPFAS mutual fund scheme if you want to make decent profits over the long term. EduFund brings PPFAS mutual fund schemes to your fingertips. You can start investing with as little as INR 5,000 and benefit from the market upswings.  EduFund offers you the following distinct features: Customized Financial Plans - EduFund tracks all mutual fund schemes offered by mutual fund houses in India. It uses over 1 lakh data points and 400 financial situations to display the best mutual fund schemes for you. For every financial goal, you can get a personalized investment plan exclusively for you. Talk to a Financial Counsellor - EduFund's financial counselor employs time-tested methods to help you find the best scheme that suits your financial profile and goals. You can get free counseling about all your fund-related queries. Explore International Instruments - Besides Indian mutual funds, EduFund also provides you access to US Dollar ETFs and International mutual funds. You do not need any special account to invest in international financial instruments. EduFund's app is a one-stop destination for everything related to investments. Get Free Calculators - Your goals are unique. EduFund simplifies the more challenging task of calculation. You may use various free tools like the SIP calculator, College Savings Calculator, etc., to easily figure out the amount you will need to fulfill your goals and select the right mutual fund. EduFund uses bank-like security protocols to ensure 100% safe transactions. FAQs How can I invest in PPFAS mutual fund? Step 1: Open Google Play Store or Apple App Store, type 'EduFund,' and download the app. Step 2: Create an account by entering details such as name, email, and mobile phone number. Step 3: Browse the various PPFAS mutual fund schemes, view the Net Asset Value (NAV), and check the returns, expense ratio, nature (open-ended/ close-ended), date of launch, returns since inception, and other details. Choose the scheme that best suits your financial goals. Step 4: Choose an amount to invest. You can start with a lump sum of INR 5,000 or a SIP (Systematic Investment Plan) of INR 500. EduFund provides you with two options - Growth and Dividend. Why should you invest in PPFAS mutual fund? The fund managers at PPFAS AMC have a consistent track record of generating gravity-defying returns. Another exciting thing about PPFAS mutual fund is that it stops accepting lump sum public deposits when they find that the valuations are too stretched. What are some popular funds by PPFAS mutual fund? Parag Parikh Liquid FundParag Parikh Flexi Cap FundParag Parikh Tax Saver Fund Consult an expert advisor to get the right plan TALK TO AN EXPERT

Canara Robeco Mutual Fund or Canara Robeco Asset Management Company is a collaboration between the presently defunct Canbank Mutual Fund and Robeco Groep N.V.  Canbank Mutual Fund, founded in 1987, was an asset management company under the aegis of the Canara Bank.  Robeco Groep N.V.  Robeco Groep N.V. is a Netherlands-based asset management company. It was founded in 1929. Initially, it functioned as the AMC wing of the Dutch multinational financial services and banking company Rabobank. Rabobank ultimately took possession of Robeco Group in 2001. As of March 2019, Robeco has an AuM of €179 billion to its name. Canara Robeco Asset Management Company Ltd. (CRAMC) Canbank Mutual Fund passed 49% of its stakes on to Robeco Groep N.V. in lieu of Rs. 115 Crore to launch the Canara Robeco Asset Management Company Ltd. (CRAMC) in 2007. The firm offers a vast spectrum of investment alternatives such as monthly income and hybrid funds, treasury and debt funds, diversified equity funds, and thematic schemes.  As of the financial year 2019-20, the AMC has a total income of INR 10632.61 lakh. It incurred a profit of INR 3186.72 lakh before tax payment. Canara Robeco has pulled in a profit of Rs. 2323.60 lacks after tax.  The company has 20 branches spread across various states of India. As of May 2019, CRAMC has 9 lakh client investors, has around 64 schemes to offer, and has an asset under management totaling Rs. 16,226.07 Crore.  Important Information about Canara Robeco Mutual Fund Name of the Mutual FundCanara Robeco Mutual FundName of the AMCCanara Robeco Asset Management Company Ltd. (CRAMC)Established On19th December 1987Date of Incorporation2nd March 1993SponsorsCanara Bank Robeco Groep N.VName of TrusteesMr. Jai Diwanji (Associate Trustee)            Sunit Vasant Joshi (Independent Trustee)       Deveshwar Kumar Kapila (Independent Trustee)            Sumit M. Chadha (Independent Trustee)MD and CEOMr. Rajnish NarulaInvestor Service OfficerMr. M. PaparaoCompliance OfficerMr. Ashutosh VaidyaTelephone Number022-66585000Email addresscrmf@canararobeco.comRegistrar and Transfer AgentKarvy Computershare Private Limited (Karvy)Registered AddressConstruction House, 4th Floor, 5, Walchand Hirachand Marg, Ballard Estate, Mumbai 400 001 Ten Top-Performing Canara Robeco Mutual Fund Schemes Canara Robeco Mutual Fund offers almost all types of mutual funds permitted by the Securities and Exchange Board of India or SEBI. The ten most flexible Canara Robeco mutual fund schemes in India are mentioned below: 1. Canara Robeco Small-Cap Fund (Category- Equity: Small Cap) The fund invests in high-quality small-cap companies with tremendous growth potential. It has a NAV of 15.5700 (Regular Growth) (as of 16th April 2021) and is one of the top-performing funds in the 'Equity: Small Cap' category. The fund was launched on 15th February 2019 and has given trailing returns of 95.11% in one year (as of 16th April 2021). The fund considers the NIFTY Smallcap 250 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 (15th February 2019):INR 856 Crore (as of 31st March, 2021)AssetsINR 856 Crore (as of 31st March 2021)Expense Ratio2.49% (as of 31st March 2021) 2. Canara Robeco Equity Tax Saver Fund (Category- Equity: ELSS) The fund invests primarily in reputed companies in the large and mid-cap segments. It has a NAV of 93.3100 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Equity: ELSS' category. The fund was launched on 31st March 1993 and has given trailing returns of 60.66% in one year (as on 16th April 2021). The fund considers the S&P BSE 100 TRI as its benchmark.   Key information Minimum InvestmentINR 500Minimum Additional InvestmentINR 500Minimum SIP InvestmentINR 500Minimum Withdrawal-Exit LoadNil (Lock-in period - 3 Years)Return Since Inception (31st March 1993):INR 1,961 Crore (as of 31st March, 2021)AssetsINR 1,961 Crore (as of 31st March 2021)Expense Ratio2.34% (as of 31st March 2021) 3. Canara Robeco Infrastructure Fund (Category- Equity: Sectoral Infrastructure) The fund invests in growth-oriented companies in the infrastructure sector. It has a NAV of 56.1300 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Equity: Sectoral Infrastructure' category. The fund was launched on 2nd December 2005 and has given trailing returns of 59.69% in one year (as of 16th April 2021). The fund considers the S&P BSE India Infrastructure TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 1,000Minimum Withdrawal-Exit Load1% for withdrawals before 365 daysReturn Since Inception (2nd December 2005):INR 128 Crore (as of 31st March 2021)Assets2.63% (as of 31st March 2021)Expense Ratio2.63% (as of 31st March 2021) 4. Canara Robeco Emerging Equities Fund (Category- Equity: Large and MidCap)  The fund invests in top-class large and mid-cap companies with decent financials. It has a NAV of 127.9500(Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Equity: Large and Mid Cap' category. The fund was launched on 11th March 2005 and has given trailing returns of 62.79% in one year (as of 16th April 2021). The fund considers the NIFTY Large Midcap 250 TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 1,000Minimum WithdrawalINR 1,000Exit Load1% for withdrawals before 365 daysReturn Since Inception (11th March 2005):17.14% (as on 16th April, 2021)AssetsINR 8,179 Crore (as of 31st March 2021)Expense RatioINR 8,179 Crore (as of 31st March, 2021) 5. Canara Robeco Bluechip Equity Fund (Category- Equity: Large Cap) The fund picks the best-quality stocks in the large-cap category and invests in them. It has a NAV of 34.9300 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Equity: Large Cap' category. The fund was launched on 20th August 2010 and has given trailing returns of 54.42% in one year (as of 16th April 2021). The fund considers the S&P BSE 100 TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 1,000Minimum Withdrawal-Exit Load1% for withdrawals before 365 daysReturn Since Inception (20th August 2010):INR 2,156 Crore (as of 31st March, 2021)AssetsINR 2,156 Crore (as of 31st March 2021)Expense Ratio1.99% (as of 31st March 2021) 6. Canara Robeco Consumer Trends Fund (Category- Equity: Thematic Consumption) The fund intends to benefit from the consumption sector's growth. It has a NAV of 54.5300 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Equity: Thematic Consumption' category. The fund was launched on 14th September 2009 and has given trailing returns of 51.14% in one year (as on 16th April 2021). The fund considers the S&P BSE 100 TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 1,000Minimum Withdrawal-Exit Load1% for withdrawals before 365 daysReturn Since Inception (14th September 2009):15.75% (as on 16th April, 2021)Assets2.54% (as of 31st March, 2021)Expense Ratio2.54% (as of 31st March 2021) 7. Canara Robeco Flexi Cap Fund (Category- Equity: Flexi Cap) The fund invests in good quality large, mid-cap, and small-cap companies with a strong vision. It has a NAV of 182.2500 (Regular Growth) (as of 16th April 2021), and is one of the best-performing funds in the 'Equity: Flexi Cap' category. The fund was launched on 16th September 2003 and has given trailing returns of 54.45% in one year (as of 16th April 2021). The fund considers the S&P BSE 500 TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 1,000Minimum Withdrawal-Exit Load1% for withdrawals before 365 daysReturn Since Inception (16th September 2003):INR 3,716 Crore (as of 31st March, 2021)AssetsINR 3,716 Crore (as of 31st March 2021)Expense Ratio2.03% (as of 31st March 2021) 8. Canara Robeco Equity Hybrid Fund (Category- Hybrid: Aggressive Hybrid) The fund invests up to 80% of its corpus in equity stocks and the rest in debt instruments.  The fund invests in high-quality small-cap companies with tremendous growth potential. It has a NAV of 209.6700 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Hybrid: Aggressive Hybrid' category. The fund was launched on 1st February 1993 and has given trailing returns of 95.11% in one year (as of 16th April 2021). The fund considers the CRISIL Hybrid 35+65 Aggressive 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 (1st February 1993):2.12% (as of 31st March 2021)Assets2.12% (as of 31st March, 2021)Expense RatioINR 4,812 Crore (as of 31st March 2021) 9. Canara Robeco Conservative Hybrid Fund (Category- Hybrid: Conservative Hybrid) The fund invests up to 30% of the corpus in equity stocks and the rest in debt instruments. It has a NAV of 69.7716 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Hybrid: Conservative Hybrid' category. The fund was launched on 2nd April 2001 and has given trailing returns of 19.16% in one year (as of 16th April 2021). The fund considers the CRISIL Hybrid 85+15 Conservative TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 1,000Minimum WithdrawalINR 2,000Exit Load1% for withdrawals before 365 daysReturn Since Inception (2nd April 2001):1.93% (as of 31st March 2021)Assets1.93% (as of 31st March, 2021)Expense RatioINR 477 Crore (as of 31st March 2021) 10. Canara Robeco Short Duration Fund (Category- Debt: Short Duration) The fund invests in bonds with maturity between one and three years. It has a NAV of 20.3143 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Debt: Short Duration' category. The fund was launched on 15th February 2019 and has given trailing returns of 7.52% in one year (as of 16th April 2021). The fund considers the CRISIL Short-Term Bond TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 1,000Minimum WithdrawalINR 1,000Exit LoadNilReturn Since Inception (15th February 2019):1.02% (as of 31st March 2021)Assets1.02% (as of 31st March, 2021)Expense RatioINR 1,065 Crore (as of 31st March 2021) How can you Invest in Canara Robeco Mutual Fund Via EduFund? Step 1: Create an online account on EduFund by downloading the EduFund App from Apple Store or Play Store  Step 2: Choose a Plan: Study various Canara Robeco Mutual Fund schemes and choose the one at your convenience. You can invest in a Systematic Investment Plan (SIP) or a total sum. The inbuilt recommendation mechanism recommends a scheme that is suitable for your financial aspirations. Step 3 - View and Track Your Transaction(s) - Your EduFund account will reflect the amount you have laid out on a specific scheme within four working days. You can track the Mutual Fund NAV, statement, account balance, and other vital information in the app. You can buy, redeem, or switch between Canara Robeco Mutual Fund units. Step 4 - Get in touch with a Mutual Fund Counsellor - You can seek personal guidance from a mutual fund consultant to talk about your financial targets.  EduFund uses bank-like premium encryption and authentication technologies to safeguard your transactions and investments.  Six Best Performing Fund Managers at Canara Robeco Mutual Fund Ms. Suman Prasad Ms. Suman Prasad is an MBA in Finance from the SDM Institute of Development And Management. She joined the Canara Robeco Mutual Fund in 1977. She deals with several schemes such as Canara Robeco Savings Fund, Canara Robeco Short Duration Fund, Canara Robeco Ultra Short Term Fund, Canara Robeco Savings Fund, Canara Robeco Short Duration Fund, Canara Robeco Liquid Fund, etc. Mr. Shridatta Bhandwaldar Mr. Shridatta Bhandwaldar earned his degree in Mechanical Engineering from the Government College of Engineering, Aurangabad. He is also an MMS in Finance from the Sydenham Institute of Management. He forayed into the world of finance in 2006 as an Equity Analyst with MF Global Securities.  Presently, he is associated with the Canara Robeco Mutual Fund as the Fund Manager of Equities. He deals with numerous schemes such as Canara Robeco Bluechip Equity Fund, Canara Robeco Equity Diversified Fund, Canara Robeco Equity Hybrid Fund, Canara Robeco Infrastructure Fund, etc.  Mr. Miyush Gandhi Since 2018, Mr. Miyush Gandhi is the Fund Manager of Emerging Equities at Robeco Canara Mutual Fund. He manages eight (8) schemes such as Canara Robeco Conservative Hybrid Fund, Canara Robeco Emerging Equities Fund, etc. Before this, he was the Senior Research Analyst of Equities at SBI Life Insurance Co. Ltd. in 2008. Mr. Gandhi is an MBA in Capital Markets from the Narsee Monjee Institute of Management Studies (NMIMS). Ms. Cheenu Gupta Ms. Cheenu Gupta is associated with Canara Robeco Asset Management Company Ltd. as the company’s Fund Manager of Equities since 2018. She manages nine schemes such as Canara Robeco Equity Tax Saver Fund, Canara Robeco Consumer Trends Fund, etc. Initially, she started as a Software Engineer. She began her career in finances at the UTI Mutual Fund as an Equity Research Analyst in 2006. Ms. Gupta has a BE degree in Information Technology from the Vivekanand Education Society’s Institute of Technology (VESIT). She holds a PGDM in Finance from the S. P. Jain Institute of Management and Research (SPJIMR). She is also a certified Chartered Financial Analyst (CFA).  Mr. Abhinav Khandelwal Since 2018, Mr. Abhinav Khandelwal has been working with Canara Robeco Mutual Fund as the Fund Manager of Offshore Investments. Mr. Khandelwal was previously associated with Systematix Shares & Stocks India Ltd. with a senior research analyst profile back in 2006.  Mr. Girish Hisaria  Since 2014, Mr. Girish Hisaria has been associated with Canara Robeco Asset Management Company Ltd. as AMC’s Senior Fund Manager. He holds an MMS in Finance from the University of Mumbai. Mr. Girish Hisaria manages 28 schemes such as Canara Robeco Dynamic Bond Fund, Canara Robeco Ultra Short Term Fund, Canara Robeco Gilt Fund, Canara Robeco Liquid Fund, Canara Robeco Savings Fund, etc. Before joining the AMC, he worked as a Senior Dealer at Darashaw.  Why should you invest in Canara Robeco Mutual Fund? Canara Robeco Mutual Fund ranks among the top-performing AMCs in India. It has more than a hundred schemes to select from. The AMC is over a decade old and handles assets of over €179 billion. The fund firm has around 20 branches across India, which offers its services to all ranks of investors. Whatever your investment goals are, you can get a Canara Robeco mutual fund scheme to achieve your financial ambitions. The fund managers at Canara Robeco have years of professional expertise in solving your financial queries. Hence, they decode the process of investing in the stock market and secondary market for you and make investments easier for you. Select EduFund for investing in Canara Robeco Mutual Fund  EduFund aids the process of investing your capital into Canara Robeco Mutual Funds. Consultants at EduFund are skilled and give you personalized guidance for fulfilling your financial aspirations. You can start by investing a small amount, say, INR 5,000 and expand your financial cache conveniently. EduFund gives you the following benefits:  ● Customised Research-Based Financial Plan - EduFund’s scientific fund tracker tracks over 400 financial circumstances and 1 lakh data points to recommend the top-rated mutual funds for you.  ● Customer-Friendly Counsellors Help You in Financial Planning - EduFund’s counselors are skilled to take questions of all sorts from their customers. They give a patient hearing to your queries and help you plan a robust financial blueprint.  ● Invest Less, Earn More - Just not the best Indian mutual funds, EduFund has options for you to invest in US Dollar ETFs and international mutual funds, apart from the best mutual funds.  ● Use Complimentary Tools - EduFund provides numerous free tools for its clients, such as SIP Calculator, College Savings Calculator, etc.  ● No Technical Finesse Needed- You need not be a finance expert to understand which mutual fund serves you the best. EduFund simplifies the options for you.  ● Value-Added Benefits - You may get value-added benefits like free advisory, zero commission, and zero hidden charges.  ● Safeguards Transactions - EduFund is RIA-registered and uses top-class 128-SSL security to ensure safe transactions.  ● Special Support for Children’s Education - EduFund has a bunch of experts who are dedicated to helping you fulfill your children’s educational goals.  FAQs Who is the owner of Canara Robeco? Robeco Groep N.V. is a Netherlands-based asset management company. It was founded in 1929. Initially, it functioned as the AMC wing of the Dutch multinational financial services and banking company Rabobank. Rabobank ultimately took possession of Robeco Group in 2001. What is the meaning of Canara Robeco? Canara Robeco Mutual Fund, or Canara Robeco Asset Management Company, is a collaboration between the presently defunct Canbank Mutual Fund and Robeco Groep N.V. Canbank Mutual Fund, founded in 1987, was an asset management company under the aegis of the Canara Bank. Which are the best mutual funds of Canara Robeco? Canara Robeco Small-Cap Fund (Category- Equity: Small Cap) Canara Robeco Equity Tax Saver Fund (Category- Equity: ELSS) Canara Robeco Infrastructure Fund (Category- Equity: Sectoral Infrastructure) Canara Robeco Emerging Equities Fund (Category- Equity: Large and MidCap) Canara Robeco Bluechip Equity Fund (Category- Equity: Large Cap) Is it good to invest in Canara Robeco mutual fund? Canara Robeco Mutual Fund ranks among the top-performing AMCs in India. It has more than a hundred schemes to select from. The AMC is over a decade old and handles assets of over €179 billion. TALK TO AN EXPERT

Franklin Templeton Investments was established in 1947. The organization, since its launch, has provided services for managing assets for institutional, retail, and high-profile clients. Apart from offering mutual funds, the firm provides several other investment options like private funds, exchange-traded funds (ETF), and accounts that are managed separately. The company offers schemes such as fixed income, equity, multi-asset, and other alternatives.  Franklin Templeton Investments serves as a platform for trading, portfolio, and research. It also deals with investment risk management. Presently, Franklin Templeton has branches in over thirty-four countries. It has employed over six hundred professionals and recruits more than 9500 salaried individuals. Franklin Templeton Mutual Fund in India The company started functioning in India in 1996 under the name Templeton Asset Management India Pvt. Ltd. The Franklin Templeton Mutual Fund is authorized by SEBI to offer its services under the registration number MF/026/96/8.  The company provided its first-ever mutual fund service in September 1996 under the name of Templeton India Growth Fund. The company has been operating twenty-one funds for ten years and various others that have exceeded the twenty-year mark.  The company bought the stakes of PIONEER ITI AMC Ltd. in 2002 to become the second-largest mutual fund after UTI.  Franklin Templeton Investments is among the few companies dealing in asset management with in-house registrars for providing efficient service management for its clients.  The organization offers loyalty programs where the customers can interact with the fund management team, and get exposure to external management development schemes, yearly leadership events for the exchange of ideas, and several elaborate engagement programs. Templeton Asset Management India Pvt. Ltd. has committed itself to several CSR programs: Installation of four water purifier plants for supporting six thousand families in collaboration with the Bala Vikasa Social Service Society. Aiding the process of supplying five thousand rickshaws in association with the American India Foundation Trust. Setting up fifty camps to train two thousand youth in vocational skills in collaboration with the Kherwadi Social Welfare Association. Providing assistance and support to in and around 2353 girl children in Chennai in association with the K. C. Mahindra Educational Trust. Establishing the Abhudaya English Medium School in Mumbai in collaboration with The Akanksha Foundation. The Statement of Additional Information (SAI) provided by SEBI states that Franklin Templeton Investments’ total income is $6,392.2 million, profit after tax of $1,696.7 million, and a gross worth of $14877.7 million in 2017. Templeton Asset Management India Pvt. Ltd. offers approximately 197 schemes with assets under management (AuM) amounting to roughly INR 1.19 Lakh Crore as of 31st March 2017. Important Information about Franklin Templeton Mutual Fund Ten Top-Performing Franklin Templeton Mutual Fund Schemes Franklin Templeton comprises almost all types of mutual funds permitted by the Securities and Exchange Board of India or SEBI. The ten most viable Franklin Templeton mutual fund schemes in India are mentioned below.  1. Franklin Asian Equity Fund (Category - Equity: International) This open-ended fund has a NAV of 32.5721 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Equity: International' category. The fund was launched on 16th January 2008 and has given trailing returns of 50.57% in one year (as of 16th April 2021). The fund considers the MSCI Asia (Ex-Japan) Standard TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load1% for withdrawals before 365 daysReturn Since Inception (16th January 2008):2.66% (as of 31st March 2021)AssetsINR 261 Crore (as of 31st March 2021)Expense Ratio2.66% (as on 31st March, 2021) 2. Franklin Build India Fund (Category - Equity: Sectoral-Infrastructure) This open-ended fund has a NAV of 48.7310 (Regular Growth) (as of 16th April 2021) and is one of the top-performing funds in the 'Equity: Sectoral - Infrastructure' category. The fund was launched on 4th September 2009 and has given trailing returns of 63.13% in one year (as of 16th April 2021). The fund considers the S&P BSE India Infrastructure TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load1% for withdrawals before 365 daysReturn Since Inception (4th September 2009):2.40% (as of 31st March 2021)Assets2.40% (as on 31st March 2021)Expense RatioINR 954 Crore (as of 31st March 2021) 3. Franklin India Banking & PSU Debt Fund (Category - Debt: Banking and PSU) This open-ended fund has a NAV of 17.5362 (Regular Growth) (as of 16th April 2021) and is one of the top-performing funds in the 'Debt: Banking and PSU' category. The fund was launched on 25th April 2014 and has given trailing returns of 7.41% in one year (as of 16th April 2021). The fund considers the NIFTY Banking and PSU Debt TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit LoadNilReturn Since Inception (25th April 2014):0.52% (as on 31st March 2021)AssetsINR 971 Crore (as of 31st March 2021)Expense Ratio0.52% (as of 31st March 2021) 4. Franklin India Bluechip Fund (Category - Equity: Large Cap) This open-ended fund has a NAV of 589.7367 (Regular Growth) (as of 16th April 2021), and is one of the best-performing funds in the 'Equity: Large Cap' category. The fund was launched on 1st December 1993 and has given trailing returns of 59.97% in one year (as of 16th April 2021). The fund considers the NIFTY 100 TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load1% for withdrawals before 365 daysReturn Since Inception (1st December 1993):INR 5,927 Crore (as of 31st March, 2021)AssetsINR 5,927 Crore (as of 31st March 2021)Expense Ratio1.93% (as of 31st March 2021) 5. Franklin India Corporate Debt Fund (Category - Debt: Corporate Bond) This open-ended fund has a NAV of 77.3349 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Debt: Corporate Bond' category. The fund was launched on 23rd June 1997 and has given trailing returns of 8.71% in one year (as of 16th April 2021). The fund considers the NIFTY Corporate Bond TRI as its benchmark.   Key Information Minimum InvestmentINR 10,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit LoadNilReturn Since Inception (23rd June 1997):INR 855 Crore (as of 31st March 2021)Assets0.89% (as of 31st March 2021)Expense Ratio0.89% (as of 31st March, 2021) 6. Franklin India Credit Risk Fund (Category - Credit Risk) This open-ended fund has a NAV of 20.8784 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Debt: Credit Risk' category. The fund was launched on 7th December 2011 and has given trailing returns of 12.41% in one year (as of 16th April 2021). The fund considers the NIFTY Credit Risk Bond TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load3% for withdrawals before 365 daysReturn Since Inception (7th December 2011):INR 2,831 Crore (as of 31st March, 2021)AssetsINR 2,831 Crore (as of 31st March 2021)Expense Ratio0.06% (as of 31st March 2021) 7. Franklin India Debt Hybrid Fund (Category - Hybrid: Conservative Hybrid) This open-ended fund has a NAV of 64.1426 (Regular Growth) (as of 16th April 2021) and is one of the top-performing funds in the 'Hybrid: Conservative Hybrid' category. The fund was launched on 28th September 2000 and has given trailing returns of 15.97% in one year (as of 16th April 2021). The fund considers the CRISIL Hybrid 85+15 Conservative TRI as its benchmark.   Key Information Minimum InvestmentINR 10,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load1% for withdrawals before 365 daysReturn Since Inception (28th September 2000):2.30% (as of 31st March 2021)Assets2.30% (as of 31st March, 2021)Expense RatioINR 189 Crore (as of 31st March 2021) 8. Franklin India Dynamic Accrual Fund (Category - Dynamic Bond) This open-ended fund has a NAV of 71.2946 (Regular Growth) (as of 16th April 2021) and is one of the best-performing funds in the 'Debt: Dynamic Bond' category. The fund was launched on 5th March 1997 and has given trailing returns of 7.07% in one year (as of 16th April 2021). The fund considers the CRISIL Composite Bond TRI as its benchmark.   Key Information Minimum InvestmentINR 10,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load3% for withdrawals before 365 daysReturn Since Inception (5th March 1997):0.06% (as of 31st March 2021)Assets0.06% (as of 31st March, 2021)Expense RatioINR 1,599 Crore (as of 31st March 2021) 9. Franklin India Dynamic Asset Allocation Fund of Funds (Category - Dynamic Asset Allocation) This open-ended fund has a NAV of 87.1332 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Dynamic Asset Allocation' category. The fund was launched on 16th January 2008 and has given trailing returns of 18.91% in one year (as of 16th April 2021). The fund considers the CRISIL Hybrid 35+65 Aggressive TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load1% for withdrawals before 365 daysReturn Since Inception (16th January 2008):1.74% (as of 31st March 2021)Assets1.74% (as of 31st March, 2021)Expense RatioINR 922 Crore (as of 31st March 2021) 10. Franklin India Equity Advantage Fund (Category -Large and MidCap) This open-ended fund has a NAV of 96.9132 (Regular Growth) (as of 16th April 2021), and is one of the top-performing funds in the 'Equity: Large & MidCap' category. The fund was launched on 2nd March 2005 and has given trailing returns of 70.05% in one year (as of 16th April 2021). The fund considers the NIFTY Large Midcap 250 TRI as its benchmark.   Key Information Minimum InvestmentINR 5,000Minimum Additional InvestmentINR 1,000Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load1% for withdrawals before 365 daysReturn Since Inception (2nd March 2005):INR 2,459 Crore (as of 31st March, 2021)AssetsINR 2,459 Crore (as of 31st March 2021)Expense Ratio2.38% (as of 31st March 2021) How can you invest in Franklin Templeton Mutual Fund via EduFund? Investing in Franklin Templeton Mutual Fund through Edufund is an easy, seven-step process. Step 1: Create an online account on EduFund by downloading the EduFund App from Apple Store or Play Store  Step 2: Choose a Scheme: Look through several Franklin Templeton Mutual Fund schemes and choose the best scheme for your financial situation. You can invest in a Systematic Investment Plan (SIP) or a total sum. The inbuilt recommendation mechanism suggests the scheme that is best suited for your financial goals. Step 3: View and Track Your Transaction(s) - Your EduFund account will reflect the amount you have laid out on a specific scheme within four working days. You can track the Mutual Fund NAV, statement, account balance, and other vital information in the app. You can buy, redeem, or switch between Franklin Templeton Mutual Fund units. Step 4: Consult a Mutual Fund Counsellor - You can get in touch with a mutual fund consultant to discuss your targets and get personal guidance.  EduFund uses premium encryption and authentication technologies akin to a bank to safeguard your transactions and investments. Five Best Performing Fund Managers at Franklin Templeton Mutual Fund  A Fund Manager plays a decisive role in instilling values and steering growth. The top-performing fund managers at Franklin Templeton Mutual Fund, whose stellar performance has steadily generated the best dividends, have been mentioned below.  1. Mr. Anand Vasudevan Mr. Vasudevan earned his B.Tech from the Indian Institute of Technology, Madras, and a PGDM from IIM Calcutta. He post-graduated with a Master's in Finance from the London Business School. Presently, he is the Senior Vice President of the Franklin Templeton Mutual Fund and heads the Equity operations in India.  He was associated as an Equity Research Analyst with the Dresdner Kleinwort Wasserstein and Bruyette and Woods, Keefe in 2001 and 2004, respectively. Then he joined Franklin Templeton. Anand Vasudevan teamed up with Templeton Asset Management Private Limited in 2007. He has operated as the Head of Research since 2008. Currently, he is in charge of the Franklin India Flexi-cap Fund and Franklin India Bluechip Fund. Mr. Anand Radhakrishnan  Mr. Radhakrishnan graduated with a B.Tech degree in Chemical Engineering from Anna University, Chennai. He earned a PGDM from IIM Ahmedabad. Mr. Radhakrishnan is also a certified Chartered Financial Analyst.  He has been working in the sector of Investment Management since 1994. In the initial days of his career, he was the Deputy Manager of Equity Research at SBI Mutual Funds Management. He was associated with Sundaram Mutual Funds for eight years in a row.  Radhakrishnan is presently the Chief Investment Officer at Franklin Templeton. Before it, he was the Senior Vice President, Head of Portfolio Analytics, and the Portfolio Manager of the said organization. Mr. Radhakrishnan handles the operations at the Franklin India Infotech Fund, Franklin India Bluechip Fund, Franklin India Taxshield, FT Dynamic PE Ratio of Funds, Franklin India Prima Plus, and FT India Life Stage Fund of Funds. He also spearheads the equity sector of all types of hybrid funds. Ms. Roshi Jain Ms. Roshi Jain is a Chartered Accountant and a Chartered Financial Analyst. She earned her PGDM from IIM Ahmedabad. She inaugurated her career at SR Batliboi. She was a part of the Research Wing of the Goldman Sachs Group Inc. Hong Kong / Singapore in 2002. She relocated to the London branch of Goldman Sachs two years later. Presently, Ms. Jain is the Assistant Vice President of the Franklin Templeton Mutual Fund. She doubles up as the Co-Portfolio Manager and Equity Research Analyst at Franklin Templeton. She specializes in engineering, retail, power, cement, and construction in India and the ASEAN region. Mr. Anil Prabhudas Mr. Prabhudas is a B.Com from the University of Mumbai. He is also a certified Chartered Accountant from ICAI. In 1994, he was associated with Pioneer ITI before being roped in by Templeton Asset Management India Pvt. Ltd. He is entrusted with the responsibility of providing research-oriented data on hotels, packaging, metals, sugar, and FMCG industries.  He has held several key positions at Franklin Templeton. He was the ex-Assistant Vice President and the Portfolio Manager at Franklin India Index Tax Fund, FT India Index Tax Shield 99, FT India Index Fund - Franklin FMCG Fund, Franklin India Index Fund, NSE Nifty Plan, and BSE Sensex Plan. Mr. Prabhudas is presently acting as the Fund Manager of Franklin India Taxshield Fund, Franklin India Opportunities Fund, FT India Monthly Income Plan, Templeton India Pension Plan, FT India Balanced Fund, and Templeton India Children’s Asset Plan.   Mr Janakiraman Rengaraju  Mr. Rengaraju graduated from the Government College of Technology, Coimbatore, with a B.Tech degree. He also earned a PGDM from IIM Bangalore. Apart from having a B.Tech and a PGDM degree, he is a Chartered Financial Analyst too. He was associated with UTI Securities, Mumbai previously. He was in charge of the investment corpus management while he was with the Indian Syntans Group.  Currently, Mr. Rengaraju is the Assistant Vice President, Senior Research Analyst of Equities, and the Portfolio Manager at Franklin India. He specializes in media, telecommunications, and automobiles. He is also responsible for managing some of the mutual funds of the organization, such as the Franklin India Prima Fund and Franklin India Prima Plus.  Why should you invest in Franklin Templeton Mutual Fund? Franklin Templeton Mutual Fund is one of the top-performing AMC in India. It has more than a hundred schemes to select from. The AMC has a legacy of over seventy years and manages assets of over INR 1.19 Lakh Crore. It has a vast network of impaneled distributors who provide its financial services to its investors. The fund firm has 1300 branches in total with outreach in over 32 Indian states, which offers its services to all ranks of investors. Whatever your investment target, you can get a Franklin Templeton mutual fund scheme to achieve your financial goals. Experienced fund managers at Franklin Templeton Mutual Fund simplify the process of investing in the stock market and secondary market for you. Select EduFund for investing in Franklin Templeton mutual fund  EduFund simplifies the process of investing in Franklin Templeton mutual funds. Experienced consultants at EduFund offer you personalized solutions for your financial ambitions. You can begin by investing from a meager INR 5,000 and increase your capital conveniently.  Benefits with Edufund Customized Research-Based Financial Plan - EduFund’s scientific fund tracker monitors over 1 lakh data points and 400 financial situations to suggest the best mutual funds. Customer-Friendly Counsellors Help You Create a Financial Plan - EduFund’s counselors are equipped to manage all kinds of questions from customers. They spend as much time with you as you need and solve all your queries to help you create a healthy financial plan. Invest Less, Earn More - Just not the best Indian mutual fund, EduFund provides you with the opportunity to invest in US Dollar ETFs and international mutual funds. Use Tools Free of Cost - EduFund offers several free tools for its clients, including SIP Calculator, College Savings Calculator, etc. No Technical Skill Needed- You need not be a pro in finance to understand which mutual fund is perfect for you. EduFund does the job for you. Value-Added Benefits - You may get value-added benefits like free advisory, zero commission, and zero hidden charges. Safeguards Transactions - EduFund is RIA-registered and uses top-class 128-SSL security to ensure safe transactions. Special Support for Children’s Education - EduFund has a team of experts committed to helping you fulfill your children’s educational goals.   FAQs Is Franklin Templeton a good mutual fund? Franklin Templeton Mutual Fund is one of the top-performing AMCs in India. It has more than a hundred schemes to select from. The fund firm has 1300 branches in total with outreach in over 32 Indian states, which offers its services to all ranks of investors. What type of fund is Franklin Templeton? The company provided its first-ever mutual fund service in September 1996 under the name of Templeton India Growth Fund. The company has been operating twenty-one funds for ten years and various others that have exceeded the twenty-year mark. Franklin Templeton Investments is among the few companies dealing in asset management with in-house registrars for providing efficient service management for its clients. The organization offers loyalty programs where the customers can interact with the fund management team and get exposure to external management development schemes, yearly leadership events for the exchange of ideas, and several elaborate engagement programs. Is Franklin Templeton a good company? Franklin Templeton Investments serves as a platform for trading, portfolio, and research. It also deals with investment risk management. Presently, Franklin Templeton has branches in over thirty-four countries. It has employed over six hundred professionals and recruits more than 9500 salaried individuals. What is the name of Franklin mutual fund? Franklin Templeton Investments was established in 1947. The organization, since its launch, has provided services for managing assets for institutional, retail, and high-profile clients. Franklin Templeton Investments serves as a platform for trading, portfolio, and research. It also deals with investment risk management. Consult an expert advisor to get the right plan for you TALK TO AN EXPERT

In the previous article, we discussed the difference between debt funds vs hybrid funds. In this article, we will look at the difference between ULIP vs mutual funds. ULIP (Unit-linked Insurance Plan) is an instrument offering a combination of investment and insurance. It includes an asset and a life insurance cover under one plan.   ULIPs bring forth the opportunity to create wealth and the security of a life cover. The working ULIP is as follows: a part of the premium goes towards life coverage, and the rest of the money is invested into different market products like stocks and bonds.  A mutual fund is a financial trust that collects funds from investors and invests them into different instruments like stocks, bonds, and other money market instruments.   Fund managers manage mutual funds and make investment decisions on behalf of the people who have trusted them with their money.   There are different types of mutual funds, such as equity mutual funds, debt mutual funds, and hybrid mutual funds. depending upon the investment proportion in debt and equity.   These different types of mutual funds vary in their risk and return potential. Mutual funds are one of the most popular investment options today. Source: Pexels ULIP vs Mutual Funds 1. Scope of investment The main difference is that a mutual fund is merely an investment option, but ULIP provides insurance benefits. It works as a single premium for both investment and life coverage purposes. 2. Return on investment The ULIPs offer lower returns than mutual funds – this is because the ULIP promises a fixed sum of money (involving life insurance benefits). On the other hand, mutual funds provide relatively higher returns because they are also dependent on the risk factor of the market.   3. Tax benefits Mutual funds offer tax deductions only under investments in the Equity-linked savings scheme; investments in any other mutual fund scheme do not offer any tax deduction. The redemptions are also subject to taxation under different brackets for equity debt funds. Investments in ULIPs can get a deduction under section 80C of the income tax act 1961. The available deductions are to the tune of Rs 1.5 lakhs.   4. Lock-in period Since ULIPs are insurance-based products, their lock-in period is predefined, and the invested money cannot be withdrawn before the end of the period. The timestamp for ULIPs generally ranges from 3 to 5 years. On the other hand, mutual funds generally have a lock-in period of one year, but in some cases, like ELSS products, the lock-in period is three years.   5. Expenses Mutual funds can charge an expense ratio to the upper cap of 1.05%, as set by India's Securities and Exchange Board. However, with ULIPs, there are no caps. ULIPs fees can vary to higher levels than mutual funds.   6. Risk coverage Being an insurance-based product, ULIP offers risk coverage by assuring a sum of money to the family in the event of the plan holder's death. However, mutual funds do not provide any such facility. Ideally, you should purchase mutual funds if you have a short- to medium-term time horizon with considerable liquidity and an average risk-taking capacity.   7. Transparency Transparency is an essential factor to consider before evaluating which instrument to buy. ULIPs are complex investment products. Thus, they have a lesser transparent structure regarding expenses and asset allocation. Mutual funds are better because you can get a detailed report of the investments made on your behalf.   Finally, your ultimate decision to invest in mutual funds or ULIPs rests with you. Before deciding, you must analyze your financial goals, risk profile, investment tenure, etc. FAQs What is ULIP? ULIP (Unit-linked Insurance Plan) is an instrument offering a combination of investment and insurance. It includes an asset and a life insurance cover under one plan.   What is a mutual fund? A mutual fund is a financial trust that collects funds from investors and invests them into different instruments like stocks, bonds, and other money market instruments.   What is the difference between ULIP and Mutual Fund? The main difference is that a mutual fund is merely an investment option, but ULIP provides insurance benefits. It works as a single premium for both investment and life coverage purposes. TALK TO AN EXPERT

DSP Mutual Fund is one of the largest mutual fund houses operating in India. The fund house was established as a trust as per the rules of the Indian Trust Act, of 1882. DSP Asset Management Company (AMC) is registered under the Securities and Exchange Board of India (SEBI) (Mutual Funds) Regulations, 1996. The principal sponsors of this fund are DSP ADIKO Holdings Pvt. Ltd. and DSP HMK Holdings Pvt. Ltd. (formerly DSP BlackRock Investment Managers Pvt. Ltd). DSP ADIKO Holdings Pvt. Ltd. and DSP HMK Holdings Pvt. Ltd. has 54% and 34% holding in the company, respectively. Ms. Aditi Kothari Desai and Ms. Shuchi Kothari hold 6% shares each. The DSP Group has been in existence since the 1860s. It started its business with stockbroking. It is currently headed by Mr. Hemendra Kothari, a reputed investment banker with a real-time net worth of US$ 1.3 Billion. The founders of the group have been instrumental in professionalizing the Indian capital markets and money management businesses. A founding member of the DSP group played a prominent role in setting up the Bombay Stock Exchange (BSE).DSP mutual fund has forty (40) schemes. Besides 17 equity schemes, 3 hybrid schemes, 14 debt schemes, and 6 international funds of funds, it also offers 4 solutions. Most DSP mutual fund schemes have traditionally given inflation-beating returns in all market conditions.DSP AMC's net worth grew to INR 12,258.75 million (31 March 2020) from INR 11,062.92 million in the previous year. The company's income was INR 4,534.32 in the financial year 2019-20. Important Information About DSP Mutual Fund Fund NameDSP Mutual FundSetup Date16th December 1996Date of Incorporation13th May 1996Name of SponsorsDSP ADIKO Holdings Pvt. Ltd. and DSP HMK Holdings Pvt. Ltd. Trustee Company NameDSP Trustee Private LimitedNon-Executive ChairmanMr Hemendra KothariDirector, Sales and Marketing Ms Aditi Kothari DesaiIndependent DirectorsMr Dhananjay Mungale Mr S Ramadorai Mr S.S. Mundra Mr Uday KhannaPresidentMr. Pritesh MajmudarChief Operating OfficerMr. Ramamoorthy RajagopalCompliance OfficerMr Pritesh MajmudarRegistered Address of the AMCMafatlal Centre, 10th Floor, Nariman Point, Mumbai - 400 021Telephone Number+91 (22) 66578000/ 1800-208-4499 / 1800-200-4499 (Toll free) FAX Number +91 (22) 66578181Websitehttps://www.dspim.com/Emailservice@dspblackrock.comAuditorM/s. Deloitte Haskins & Sells LLP, Mumbai(Firm Registration No. 117366W/W-100018)Registrar and Transfer Agent Computer 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.com Ten top-performing DSP Mutual Fund Schemes  DSP mutual fund's portfolio comprises high-quality stocks and debt instruments that promise to deliver inflation-beating returns to its investors. The following are the top-10 DSP mutual fund schemes that have delivered strong returns and are the ones with the most AuM (Asset Under Management). 1. DSP World Mining Fund (Category - Equity: International) The DSP World Mining Fund invests in foreign companies' shares. This open-ended fund has a NAV of 15.0711 (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 29th December 2009 and has given trailing returns of 86.29% in one year (as of 16th April 2021). The fund considers the Euromoney Global Mining Constrained Weights Net Total Return Index as its benchmark.   Key Information Minimum InvestmentINR 500Minimum Additional InvestmentINR 500Minimum SIP InvestmentINR 500Minimum Withdrawal-Exit LoadNilReturn Since Inception (29th December 2009):2.18% (as of 28th February 2021)Assets2.18% (as of 28th February, 2021)Expense RatioINR 113 Crore (as of 31st March 2021) 2. DSP Natural Resources and New Energy Fund (Category - Equity: Thematic - Energy) The DSP Natural Resources and New Energy Fund invests in prominent energy and natural resources companies. This open-ended fund has a NAV of 44.7100 (Regular Growth) (as of 19th April 2021) and is one of the top-performing funds in the 'Equity: Thematic - Energy' category. The fund was launched on 25th April 2008 and has given trailing returns of 93.54% in one year (as of 16th April 2021). The fund considers the MSCI World Energy 10/40 Net TRI, S&P BSE Oil & Gas TRI, and S&P BSE Metal TRI as its benchmark.   Key Information Minimum InvestmentINR 500Minimum Additional InvestmentINR 500Minimum SIP InvestmentINR 500Minimum WithdrawalINR 500Exit LoadNilReturn Since Inception (25th April 2008):12.32% (as of 19th April 2021)Assets12.32% (as of 19th April 2021)Expense Ratio2.51% (as of 28th February 2021) 3. DSP Healthcare Fund (Category - Equity: Sectoral-Pharma) The DSP Healthcare Fund invests in prominent healthcare and pharmaceutical companies. This open-ended fund has a NAV of 20.4680 (Regular Growth) (as of 19th April 2021) and is one of the top-performing funds in the 'Equity: Sectoral - Pharma' category. The fund was launched on 30th November 2018 and has given trailing returns of 66.19% in one year (as of 19th April 2021). The fund considers the S&P BSE Healthcare TRI as its benchmark.   Key Information Minimum InvestmentINR 500Minimum Additional InvestmentINR 500Minimum SIP InvestmentINR 500Minimum WithdrawalINR 500Exit Load1% for withdrawals before 364 daysReturn Since Inception (30th November 2018):35.01% (as on 19th April, 2021)AssetsINR 1,110 Crore (as of 31st March 2021)Expense RatioINR 1,110 Crore (as of 31st March 2021) 4. DSP Small Cap Fund (Category - Equity: Small Cap) The DSP Small Cap Fund invests in the shares of companies that have tremendous growth potential. This open-ended fund has a NAV of 78.9260 (Regular Growth) (as of 19th April 2021) and is one of the best-performing funds in the 'Equity: Small Cap' category. The fund was launched on 14th June 2007 and has given trailing returns of 83.40% in one year (as of 19th April 2021). The fund considers the S&P BSE Small Cap TRI as its benchmark.   Key Information Minimum InvestmentINR 500Minimum Additional InvestmentINR 500Minimum SIP InvestmentINR 500Minimum Withdrawal-Exit LoadNilReturn Since Inception (14th June 2007):16.08% (as of 19th April 2021)Assets1.92% (as on 31st March 2021)Expense Ratio1.92% (as of 31st March 2021) 5. DSP Equal Nifty 50 Fund (Category - Equity: Large Cap) The DSP Equal Nifty 50 Fund invests in high-quality companies with a large market capitalization. This open-ended fund has a NAV of 12.5777 (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 23rd October 2017 and has given trailing returns of 66.67% in one year (as of 19th April 2021). The fund considers the NIFTY 50 Equal Weight TRI as its benchmark.   Key Information Minimum InvestmentINR 500Minimum Additional InvestmentINR 500Minimum SIP InvestmentINR 500Minimum WithdrawalINR 500Exit LoadNilReturn Since Inception (23rd October 2017):6.79% (as of 19th April, 2021)AssetsINR 145 Crore (as of 31st March 2021)Expense RatioINR 145 Crore (as of 31st March, 2021) 6. DSP T.I.G.E.R. Fund (Category - Equity: Sectoral - Infrastructure)  The DSP T.I.G.E.R. Fund invests in top-class companies that will benefit from India's infrastructural growth. This open-ended fund has a NAV of 107.3040 (Regular Growth) (as of 19th April 2021) and is one of the top-performing funds in the 'Equity: Sectoral - Infrastructure' category. The fund was launched on 11th June 2004 and has given trailing returns of 58.02% in one year (as of 19th April 2021). The fund considers the S&P BSE 100 TRI as its benchmark.   Key Information Minimum InvestmentINR 500Minimum Additional InvestmentINR 500Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load1% for withdrawals before 364 daysReturn Since Inception (11th June 2004):15.11% (as on 19th April, 2021)AssetsINR 981 Crore (as of 31st March 2021)Expense RatioINR 981 Crore (as of 31st March, 2021) 7. DSP Equity Opportunities Fund (Category - Equity: Large & Mid Cap) The DSP Equity Opportunities Fund invests in top-class large and mid-sized companies that have a consistent track record of profit-making.  This open-ended fund has a NAV of 288.9890 (Regular Growth) (as of 19th April 2021), and is one of the top-performing funds in the 'Equity: Large & Mid Cap' category. The fund was launched on 16th May 2000 and has given trailing returns of 55.78% in one year (as of 19th April 2021). The fund considers the NIFTY Large Midcap 250 TRI as its benchmark.   Key Information Minimum InvestmentINR 500Minimum Additional InvestmentINR 500Minimum SIP InvestmentINR 500Minimum WithdrawalINR 1,000Exit Load1% for withdrawals before 364 daysReturn Since Inception (16th May 2000):1.91% (as on 28th February 2021)AssetsINR 5,747 Crore (as of 31st March 2021)Expense Ratio1.91% (as of 28th February 2021) 8. DSP Flexi Cap Fund (Category - Equity: Flexi Cap) The open-ended DSP Flexi Cap Fund has a NAV of 47.2660 (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 29th April 1997 and has given trailing returns of 52.10% in one year (as of 19th April 2021). The fund considers the NIFTY 500 TRI as its benchmark.   Key Information Minimum InvestmentINR 500Minimum Additional InvestmentINR 500Minimum SIP InvestmentINR 500Minimum WithdrawalINR 500Exit Load1% for withdrawals before 364 daysReturn Since Inception (29th April 1997):1.96% (as of 31st March 2021)Assets1.96% (as of 31st March, 2021)Expense RatioINR 4,983 Crore (as of 31st March 2021) 9. DSP Equity & Bond Fund (Category - Hybrid: Aggressive Hybrid) The DSP Equity & Bond Fund invests in value-oriented large, mid-sized, and small companies that have a consistent track record of profit-making.  This open-ended fund has a NAV of 198.9500 (Regular Growth) (as of 19th April 2021) and is one of the top-performing funds in the 'Hybrid: Aggressive Hybrid category. The fund was launched on 27th May 1999 and has given trailing returns of 39.91% in one year (as of 19th April 2021). The fund considers the CRISIL Hybrid 35+65 Aggressive TRI as its benchmark.   Key Information Minimum InvestmentINR 500Minimum Additional InvestmentINR 500Minimum SIP InvestmentINR 500Minimum WithdrawalINR 500Exit Load1% for withdrawals before 364 daysReturn Since Inception (27th May 1999):INR 6,396 Crore (as of 31st March 2021)AssetsINR 6,396 Crore (as of 31st March 2021)Expense Ratio1.89% (as of 28th February 2021) 10. DSP Dynamic Asset Allocation Fund (Category - Hybrid: Dynamic Asset Allocation) The DSP Dynamic Asset Allocation Fund invests in debt instruments, including bonds, non-convertible debentures, debentures, GOI securities, mutual funds, and treasury bills.  This open-ended fund has a NAV of 18.3880 (Regular Growth) (as of 19th April 2021) and is one of the top-performing funds in the 'Hybrid: Dynamic Asset Allocation' category. The fund was launched on 6th February 2014 and has given trailing returns of 21.44% in one year (as of 19th April 2021). The fund considers the CRISIL Hybrid 35+65 Aggressive TRI as its benchmark.   Key Information Minimum InvestmentINR 500Minimum Additional InvestmentINR 500Minimum SIP InvestmentINR 500Minimum WithdrawalINR 500Exit Load1% for withdrawals before 364 daysReturn Since Inception (6th February 2014):1.99% (as of 28th February 2021)Assets1.99% (as of 28th February, 2021)Expense RatioINR 3,205 Crore (as of 31st March 2021) How can you invest in DSP Mutual Fund via EduFund? EduFund simplifies the process of investing in DSP Mutual Fund. You need to follow six steps to invest in DSP mutual fund.  Step 1 - Download the App and Create an Account: Open Google Play Store or Apple App Store. Create an account by entering your name, address, mobile number, email address, and other details. Step 2 -  Choose the Scheme: Browse the list of DSP mutual fund schemes and select a scheme. You can invest a lump sum in the growth or dividend option. Alternatively, you can choose a Systematic Investment Plan (SIP) with a minimum amount of INR 500. EduFund's recommendation engine automatically suggests the right scheme for achieving your financial objectives. Step 3 - Manage Your Transaction(s): The EduFund app is your all-in-one source for getting all information related to your account. You can invest in new schemes, withdraw your money, download the account statement, switch your investment from one fund to another fund (s), or compare funds. Step 4 - Discuss With a Counsellor: Sometimes, it may become difficult to align your financial investments with life goals. EduFund's expert counselors can help you find the most suitable fund for your needs. EduFund secures all transactions with top-class authentication and encryption features to make sure your financial transactions are as safe as banks. Seven best-performing fund managers at DSP Mutual Fund The fund manager plays a crucial role in determining the growth of your capital. Their knowledge about the market and the timing of entry and exit from a financial instrument affect the returns. The following are the seven best fund managers at DSP AMC. 1. Aayush Ganeriwala Aayush Ganeriwala is an experienced and qualified fund manager at DSP AMC. He joined DSP Investment Managers in June 2019. He has many qualifications, which include B.Com (H) from St. Xavier’s College, Kolkata, CS (ICSI), CA (ICAI), CFA (USA), PGDM (IIM-L), and FRM (GARP). Mr. Ganeriwala's primary areas of interest in Oil, Gas, and Metals. The mutual fund schemes managed by him include DSP A.C.E. Fund (Analyst’s Conviction Equalized) – Series 2, DSP Arbitrage Fund, and DSP Natural Resources and New Energy Fund. 2. Abhishek Ghosh Mr. Abhishek Ghosh is an experienced fund manager. He joined DSP Investment Managers as Assistant Vice President (Equities) in September 2018. His educational qualifications include an MBA (Finance) and BE (Electronics). His fourteen years of work experience took him through renowned financial institutions like IDFC Securities, Motilal Oswal, BNP Paribas, B&K Securities,  and Edelweiss Financial Services. Mr. Ghosh manages funds like DSP Dynamic Asset Allocation Fund, DSP Equity & Bond Fund, and DSP Equity Fund. 3. Anil Ghelani Mr. Anil Ghelani, CFA Charter Holder, CA (ICAI), and B.Com (University of Mumbai) is the Head of Passive Investments & Products at DSP Investment Managers. He joined the company in 2003. Since May 2019, he has also been working as a fund manager. He has extensive experience in managing a portfolio. In his capacity as the Business Head & Chief Investment Officer at DSP Pension Fund Managers, he introduced several innovative techniques to maximize the company's profits. Before joining DSP AMC, he worked at IL&FS Asset Management Company and S.R. Batliboi. Besides DSP, Mr. Ghelani also serves the CFA Society India as the Director and Vice-Chairman. He manages various DSP mutual fund schemes like DSP Quant Fund, DSP Equal Nifty 50 Fund, DSP Nifty 50 Index Fund, DSP Nifty Next 50 Index Fund, and DSP Liquid ETF. 4. Atul Bhole Mr. Atul Bhole has been associated with DSP Mutual Fund since May 2016. He joined as the Vice President (Investments). He has worked with various reputed financial organizations like Tata Asset Management Ltd., JP Morgan Services (India) Pvt. Ltd., and the State Bank of India. During his stint with Tata Asset Management Ltd., he managed several funds like Tata Midcap Growth Fund, Tata Balanced Fund, and Tata Equity P/E Fund. Mr. Bhole did his Masters in Management Studies from Jamnalal Bajaj Institute of Management Studies. He has also successfully cleared the Chartered Accountancy examination. The funds managed by Mr. Atul Bhole include DSP Dynamic Asset Allocation Fund, DSP Equity Fund, and DSP Equity & Bond Fund. 5. Charanjit Singh Mr. Charanjit Singh has an MBA in Finance and B.Tech in Electronics and Communication Engineering. He joined DSP as the Asst. Vice President(Equity) in September 2018. Before joining DSP AMC, he worked with renowned financial institutions like Axis Capital, B&K Securities, BNP Paribas Securities, IDC Corp, Thomas Weisel Partners, HSBC, and Frost & Sullivan.  Mr. Singh manages funds like DSP Equity Opportunities Fund, DSP Tax Saver Fund, and DSP India T.I.G.E.R. Fund (The Infrastructure Growth and Economic Reforms Fund). 6. Dipesh Shah Mr. Diipesh Shah joined DSP Investment Managers as Vice President (ETF & Passive Investments). He manages the portfolio for equity and fixed-income ETFs. He also manages Index funds. Mr. Shah works actively towards increasing DSP mutual fund's clout in the passive investments space. He has worked in this sector for over 19 years and has experience in Cash & Derivatives Sales Trading, Equity Research, Buy-Side Trading, and Fixed Income risk management.  Before joining DSP mutual fund, he worked with Centrum Broking, JM Financial, ICICI Securities, IIFL Capital Pte Ltd Singapore, and IDFC Securities. Mr. Shah manages funds like DSP Quant Fund, DSP Equal Nifty 50 Fund, DSP Nifty 50 Index Fund, and DSP Liquid ETF. 7. Jay Kothari Mr. Jay Kothari joined DSP Investment Managers in May 2005. He is currently engaged as the Senior Vice President & Product Strategist. Before joining DSP AMC, he worked with Standard Chartered Bank. He has completed BMS in Finance and International Finance and MBA (Finance) from the University of Mumbai. Mr. Kothari looks after the overseas investments division of DSP AMC. He actively manages funds like DSP Small Cap Fund, DSP Focus Fund, DSP Natural Resources and New Energy Fund, DSP World Gold Fund, and DSP World Energy Fund.  Why should you invest in DSP Mutual Fund? DSP mutual fund is one of the fastest-growing mutual fund houses in India. The fund house has funds across various sectors. DSP mutual fund managers have significant experience in portfolio management and income generation. DSP Investment Managers has branches all over India. Alternatively, you can download the EduFund app and invest directly. Select EduFund for investing in DSP Mutual Fund EduFund simplifies investing in DSP Mutual Funds. EduFund's top-class fund tracker picks out the best funds suiting your requirements. In case you need more help, EduFund's experienced counselors are there to discover your needs and find the best funds. You can start a SIP with a lowly INR 500 or invest a minimum lump sum amount of INR 5,000.  EduFund's scientific fund tracker scans more the one lakh data points and over 400 financial scenarios to pick out the best DSP mutual fund schemes for you. You can use several free tools, such as College Savings Calculator or SIP calculator, to figure out your needs. Moreover, you can select the best funds without requiring any technical knowledge of the capital market.  EduFund uses top-class security parameters, such as 128-SSL, to safeguard your transaction and investments. FAQs Is DSP mutual fund safe? DSP mutual fund is one of the fastest-growing mutual fund houses in India. The fund house has funds across various sectors. DSP mutual fund managers have significant experience in portfolio management and income generation. DSP Investment managers have branches all over India. Which fund is best in DSP mutual fund? DSP World Mining Fund (Category – Equity: International) DSP Natural Resources and New Energy Fund (Category – Equity: Thematic – Energy) DSP Healthcare Fund (Category – Equity: Sectoral-Pharma) DSP Small Cap Fund (Category – Equity: Small Cap) DSP Equal Nifty 50 Fund (Category – Equity: Large Cap) Who owns DSP mutual fund? The principal sponsors of this fund are DSP ADIKO Holdings Pvt. Ltd. and DSP HMK Holdings Pvt. Ltd. (formerly DSP BlackRock Investment Managers Pvt. Ltd). DSP ADIKO Holdings Pvt. Ltd. and DSP HMK Holdings Pvt. Ltd. has 54% and 34% holding in the company, respectively. Ms. Aditi Kothari Desai and Ms. Shuchi Kothari hold 6% shares each. Is DSP mutual fund a good company? DSP Mutual Fund is one of the largest mutual fund houses operating in India. The fund house was established as a trust as per the rules of the Indian Trust Act of 1882. DSP Asset Management Company (AMC) is registered under the Securities and Exchange Board of India (SEBI) (Mutual Funds) Regulations, 1996.

The Nippon India Mutual Fund was incorporated as the Reliance Mutual Fund in 1995. It is one of the most prominent mutual funds in the country both by age and by the assets under the management of the mutual fund. The mutual fund has been known as the Nippon India Mutual Fund since 2019. The Nippon India Mutual Fund has some of the fastest-growing schemes in India. The total value of the assets under management of the Nippon Indian Mutual Fund is Rs. 2.17 lakh crore as of 1 March 2021. It contains a wide variety of mutual fund schemes that allow its investors to invest in a truly diversified portfolio. The Nippon India Mutual Fund offers debt funds, equity funds, gold funds, and liquid funds. Several of these funds are of the balanced and tax saver kind as well.  Nippon India Mutual Fund is sponsored by Nippon Life Insurance Company Ltd. Nippon Life Insurance Company is the foremost life insurance company in Japan. It offers individual and group life insurance as well as annuity policies. Its headquarters are in Japan, but it also operates in Europe, Nother America, and Oceania. It has more than 70 thousand employees and assets worth more than 70 billion yen. The Nippon India Mutual Find has over 350 schemes, which include 52 equity, 266 debt, and 40 balanced funds. Sundeep Sikka is the CEO of the company, and it has six trustees. Manish Gunwani is the Chief Investment Officer for the debt funds, while Amit Tripathi holds the same post for equity funds. Important information Name of the AMCNippon India Mutual Fund (Formerly Reliance Mutual Fund)Incorporation Date30 June 1995Sponsors Nippon Life Insurance Company (NLI)TrusteeNippon Life India Trustee Limited (Formerly known as ​​​​​​​​​​Reliance Capital Trustee Co. Limited) (NLIT)Trustees' NamesNilesh S. Vikamsey Kohei Sano Rajiv A.N. Shanbhag Vijay Kumar Chopra Upendra JoshiMD/CEOSundeep SikkaCIOManish Gunwani Amit TripathiAAUMRs. 213033.15 Cr as of 1 March 2021 Best Reliance mutual fund schemes There are several Reliance Mutual Fund Schemes that feature among the top schemes available to investors in the market. Let us look at the top ten among these schemes. 1. Nippon India Growth Fund Direct The Nippon India Growth Fund has been among the most successful funds in the Indian market over the past few years. It has a CRISIL rating of 3, and investors have realized returns of over 38% in the past year and almost 19% in the last five years, as of 1 March 2021. Minimum InvestmentINR 100Minimum Additional Investment INR 100Minimum SIP InvestmentINR 100Minimum WithdrawalINR 100Exit Load1% for redemption within 30 days; Nil for redemption after 30 daysReturn Since Inception:15.39%AssetsINR 9031 CroreExpense Ratio1.22%*All values as of 1 March 2021 2. Nippon India Gilt Securities Fund Direct The Nippon India Gilt Securities Fund is rated 4 by CRISIL and is among the best-performing debt funds in the market. It has an AUM of 1525 Crore as of 1 March 2021 and has 6.62% over the last year and nearly 11% over the last five years. Minimum InvestmentINR 5000Minimum Additional Investment INR 1000Minimum SIP InvestmentINR 100Minimum WithdrawalINR 100Exit Load0.25% for redemption within 7 days; Nil for redemption after 7 daysReturn Since Inception:10.44%AssetsINR 1525 CroreExpense Ratio0.61%*All values as of 1 March 2021 3. Nippon India Value Fund Direct The Nippon India Value Fund is an equity fund that has an AUM of 3517 Crore as of 1 March 2021. It carries a CRISIL rating of 3 and has returned more than 17.25% in the last five years. Minimum InvestmentINR 500Minimum Additional Investment INR 500Minimum SIP InvestmentINR 100Minimum WithdrawalINR 100Exit Load1% for redemption within 365 days for units more than 10% of investment; Nil for redemption after 365 daysReturn Since Inception:14.03%AssetsINR 3517 CroreExpense Ratio1.41%*All values as of 1 March 2021 4. Nippon India Income Fund Direct The Nippon India Income Fund has been an extremely successful fund, giving it a CRISIL rating of 4. Though it is a comparatively small fund with an AUM of 306 crores, it has returned 9.15% in the last five years as of 1 March 2021, which is significant for a debt fund. Minimum InvestmentINR 5000Minimum Additional Investment INR 1000Minimum SIP InvestmentINR 100Minimum WithdrawalINR 100Exit Load1% for redemption within 15 days; Nil for redemption after 15 daysReturn Since Inception:8.75%AssetsINR 306 CroreExpense Ratio0.58%*All values as of 1 March 2021 5. Nippon India Small Cap Fund Direct The Nippon India Small Cap Fund is a high-performance equity fund that has among the highest returns for any fund in the Indian market. Since its inception, it has returned over 15% and has accumulated an AUM of over 12000 crores as of 1 March 2021. Minimum InvestmentINR 5000Minimum Additional Investment INR 1000Minimum SIP InvestmentINR 100Minimum WithdrawalINR 100Exit Load1% for redemption within 30 days; Nil for redemption after 30 daysReturn Since Inception:15.39%AssetsINR 12474 CroreExpense Ratio1.01%*All values as of 1 March 2021 6. Nippon India Banking & PSU Debt Fund Direct The Nippon India Banking & PSU Debt Fund invests exclusively in Banks and Public Sector Undertakings of the Government of India. Despite being a debt fund, it has been able to return nearly 9% in the last five years as of 1 March 2021. Minimum InvestmentINR 5000Minimum Additional Investment INR 1000Minimum SIP InvestmentINR 100Minimum WithdrawalINR 100Exit LoadNilReturn Since Inception:8.81%AssetsINR 6636 CroreExpense Ratio0.33%*All values as of 1 March 2021 7. Nippon India Floating Rate Fund Direct The Nippon India Floating Rate Fund is another debt fund that has performed rather well since its inception and has had a constant rate of return of over 8% a year over the last 5 years, as of 1 March 2021. Minimum InvestmentINR 5000Minimum Additional Investment INR 1000Minimum SIP InvestmentINR 100Minimum WithdrawalINR 100Exit LoadNilReturn Since Inception:8.68%AssetsINR 13114 CroreExpense Ratio0.24%*All values as of 1 March 2021 8. Nippon India Short-Term Fund Direct The Nippon India Short-Term Fund has an AUM of nearly 8000 Crore as of 1 March 2021. It has had a constant annual rate of return that has been over 8.5% since its inception. Minimum InvestmentINR 500Minimum Additional Investment INR 500Minimum SIP InvestmentINR 100Minimum WithdrawalINR 100Exit LoadNilReturn Since Inception:8.84%AssetsINR 7903 CroreExpense Ratio0.34%*All values as of 1 March 2021 9. Nippon India Money Market Fund Direct The Nippon India Money Market Fund is a debt fund with a CRISIL rating of 4 and an AUM f nearly 7000 crores as of 1 March 2021. Its rate of return has been over 7% annually for nearly all of its existence. Minimum InvestmentINR 500Minimum Additional Investment INR 500Minimum SIP InvestmentINR 100Minimum WithdrawalINR 100Exit LoadNilReturn Since Inception:7.79%AssetsINR 6865 CroreExpense Ratio0.19%*All values as of 1 March 2021 10. Nippon India Vision Fund The Nippon India Vision Fund is a relatively new offering from the Nippon India Mutual Fund and has provided a handsome rate of return of over 12% since its inception as of 1 March 2021. It has an AUM of over 2800 crore. Minimum InvestmentINR 5000Minimum Additional Investment INR 1000Minimum SIP InvestmentINR 100Minimum WithdrawalINR 100Exit Load1% for redemption within 365 days for units more than 10% of investment; Nil for redemption after 365 daysReturn Since Inception:12.09%AssetsINR 2830 CroreExpense Ratio1.58%*All values as of 1 March 2021 How can you invest in Reliance Mutual Fund Via EduFund? You can use EduFund to invest in the Reliance Nippon Mutual Fund and secure your child's education abroad. Here are the steps that will enable you to invest in the Reliance Nippon Mutual Fund through EduFund. Download the EduFund app from the App Store or the Google Play Store. Create an account on EduFund. Enter your goals for your child's education. You can enter details like the country you are targeting, the level of education you want to send your child abroad for, and the specialization you want your child to pursue abroad. You can also enter the rank range of the college you want to send your child to and the kind of city the college should be in. You will get a list of colleges that match the criteria you have input. Alongside this, you will also receive data regarding the tuition fees of such institutes.  Based on your financial goals, you can now invest in the best-performing Reliance Nippon Mutual Fund. Based on past data, you can determine the amount of time it will take you to generate enough funds to secure your child's education. You can use the EduFund app to continuously track your investments. You can pay using several different modes of payment and keep track of the performance of the fund you have invested in. If you are confused regarding where to send your child to study and the financial goals you should set, you can speak with expert education counselors with vast experience in the financials involved in studying abroad. Leading Fund managers at Reliance Mutual Fund For any mutual fund, the person that matters most to the general public is the fund manager. The fund manager has a significant amount of control over decisions associated with the fund and hence determines where the money you invest will be allocated. In many ways, the fund managers are the ultimate authority that decides whether your money will be put to loss-making or profit-making purposes. It is hence important for fund managers to be competent, educated, and experienced. Here are the top fund managers of the Reliance Mutual Fund, who have had the greatest returns over the past months and years or have been entrusted with large volumes of assets due to their great past performance. 1.Samir Rachh Mr. Samir Rachh is one of the most experienced fund managers at Reliance Mutual Fund. He has experience in various different industries and the amount of work that he has done spans over 29 years now. At the same time, he is also among the most prolific managers of the Reliance Mutual Fund and among the most prolific experts in small-cap and mid-cap stocks. Mr. Samir Rachh graduated in commerce from Mumbai University. After this, he spent three years at the Capital Market magazine as its Assistant Editor. Post this stint in journalism, he set up his own research and investment advisory firm known as Avicon Research. Here, he spent another three years as its managing partner. He then spent four years managing funds and research at Hinduja Finance, post which he was with Emkay Global Financial Services Ltd. for four years. At Emkay Global Financial Services Ltd., he was the Head of Institution Research for two years and the Head of PMS for another two years. For more than twelve years now, Mr. Rachh has been working for the Reliance Mutual Fund. Mr. Samir Rachh is the fund manager for three schemes. The AUM for these three schemes is over 10,000 crore as of 1 March 2021. Between 2016 and 2021, the schemes managed by Mr. Rachh delivered a maximum yearly return of 21.4%. He manages the Nippon Small Cap Fund, which has returns of over 30% between 2018 and 2020, and the Nippon Small Cap Direct Fund, which has returns of over 33% at the same time. 2. Anju Chhajer Ms. Anju Chhajer is another one of the fund managers at the Reliance Mutual Fund, who has given really high returns to investors over the past few years. She has more than 20 years of experience as a fund manager, the vast majority of which have been spent at the Reliance Mutual Fund. Ms. Anu Chhajer is a graduate of commerce from the Shib Nath Shastri College in Kolkata. She is also a certified chartered accountant. From 1997 to 2007, she was employed at the National Insurance Co. Ltd. Here, she was the treasury in charge and managed the debt investment portfolio that the company offered. In 2007, Ms. Chhajer joined the Reliance Mutual Fund as a fund manager. She is now a Senior Fund Manager at Reliance Mutual Fund. Ms. Anju Chhajer manages a total of 45 schemes at Reliance Mutual Fund, which include a number of different high-performing funds. She has a total AUM of more than 66,000 crores as of 1 March 2021. Between 2016 and 2021, here highest yearly returns have been 19.58%. She managed the Nippon Liquid Fund - IP, which returned nearly 19% between 2018 and 2021. She also manages the Nippon Liquid Fund - Direct, which has returned 19.2% in the same time and has a total asset value of more than 19,000 crores as of 1 March 2021. 3. Vinay Sharma Mr. Vinay Sharma is another prolific expert and fund manager at Reliance Mutual Fund. He has been here for nearly three years now and has been a fund manager for more than a decade. He primarily manages equity funds for Reliance Mutual Fund. Mr. Vinay Sharma graduated from the Malaviya National Institute of Technology in Jaipur with a Bachelor of Architecture degree. Post his graduation, he gained admission into the Indian Institute of Management Calcutta for a Post Graduate Diploma in Computer-Aided Management. He also gained qualification as a Chartered Financial Analyst from the CFA Institute. Mr. Sharma joined JP Morgan Chase as an Equity Analyst in 2004 and was a part of the Asian Banking Research Team. After working there for two years, he joined AIG Investments as an Equity Analyst. Here he managed over USD 500 million in equity funds through the mutual fund and other offshore Indian funds. He was then a fund manager at ICICI Prudential AMC Ltd. from 2010 to 2018. Here, he managed the FMCG sector fund in addition to other large-cap and mid-cap funds. He joined Reliance Mutual Fund in 2018. Mr. Vinay Sharma manages two schemes at the Reliance Mutual Fund, with a total AUM of more than 6,800 crores as of 1 March 2021. He manages the Nippon India Focused Equity Fund, which gave returns of over 17% in 2020. 4. Manish gunwani Mr. Manish Gunwani is a prolific fund manager and also one of the Chief Investment Officers at Reliance Mutual Fund. He has more than 10 years of experience as a fund manager. Mr. Gunwani earned his Bachelor of Technology in Mechanical Engineering from the Indian Institute of Technology Madras, one of Inai's foremost engineering universities. He then went on to earn a Post Graduate Diploma in Management in Finance from the Indian Institute of Management Calcutta. He joined Prime Securities as an Equity Research Analyst in 1996 and handles equity research on the software, FMCG, and banking industries. He was then an Equity Research Analyst at SSKI, covering the software industry before moving on to set up his own venture, named Vicisoft technologies. ViciSoft Technologies created efficient document management solutions for all scales and levels. In 2010, Mr. Gunwani left Vicisoft Technologies to become a SeniorFund Manager at ICICI Prudential AMC Ltd. He has been the Chief Investment Officer for Equities at Reliance Mutual Fund since 2017. The total AUM of Mr. Manish Gunwani is nearly 12,000 crore as of 1 March 2021, with a maximum annual return of 18.75% between 2016 and 2021. He manages 7 schemes, including the Nippon Growth Fund - Direct, which has returned 45.2% between 2018 and 2021. He also managed the Nippon Balanced Advantage Fund - Direct, which has returned 34% in this time. 5. Sailesh Raj Bhan Mr. Saliesh Raj Bhan is one of the most experienced fund managers at Reliance Mutual Fund. The funds managed by him have had great returns in the past years and continue to do so in both the short term and the long term. Mr. Sailesh Raj Bhan has managed a wide variety of funds over the course of his career. He currently manages the Nippon Pharma Fund, which is the largest Indian Pharma Fund. He has been managing this fund since its inception in 2004. He also manages the Nippon Multi-Cap Fund, which has assets of more than 6,000 crores as of 1 March 2021 and has returned over 27% CAGR between 2018 and 2021. Additionally, he is the manager of the Nippon Consumption Fund, which has returned nearly 40% CAGR in this time. The AUM of Mr. Sailesh Raj Bhan is more than 22,000 crore as of 1 March 2021, and he manages a total of 9 schemes. He is also the Deputy Chief Information Officer for Equity at the Reliance Mutual Fund. Why should you invest in Reliance Mutual Fund? The Reliance Mutual Fund is one of the most robust mutual funds of the Indian market. Over the past few years, some of the highest-performing schemes among Indian mutual funds belong to the Reliance Mutual Fund. If you are looking to invest for the long term, Reliance Mutual Fund can be a great option. The Reliance Mutual Fund has always been owned by really strong and stable companies. Before becoming the Nippon India  Mutual Fund, it was the Reliance Mutual Fund owned by Reliance Capital Limited. Reliance Capital was one of the largest financial services holding companies in India, and Reliance Capital Asset Management was the AMC managing the mutual fund. The mutual fund was then jointly owned by Nippon Life Insurance and Reliance Capital, which had a total share of 75% in the company. Nippon Life Insurance bought out the share of Reliance in 2019. A majority stake is now owned by Nippon Life Insurance, which is one of the largest insurance providers in the world. The stability of the companies managing the fund is a dictator of how the fund will do, and the Reliance Mutual Fund gets the top rating in that regard. The Reliance Mutual Fund also warrants investment due to the large variety of financial options it provides for you to invest in. While most mutual funds will only provide you with general debt, equity, and balanced option among schemes, the Reliance Mutual Fund allows you to invest in a gold savings fund and retirement schemes, among others.  The above components make the Reliance Mutual Fund ideal if you want to invest money in your child's education. Mutual funds are the ideal instrument to secure the future of your child. If you have already determined that you want to send your child abroad for studying, you can never be too early in your endeavor to save up for the huge costs that can be involved in ensuring the best education available globally for your child. This becomes all the more important if you want all of your kids to settle abroad. The experience of the mutual fund advisors that the Reliance Mutual Fund will offer you will ensure that you are provided with the soundest financial advice for your goals. With a Reliance Mutual Fund office always located in a city near you, you can simply walk in and choose the type of funds you want to invest in. You can share your financial goals with the advisors of the Reliance Mutual Fund, and based on past performance and future outlook, you will be offered a list of mutual funds that have just the right proportion of risk and reward to suit your needs. Select EduFund For Investing in Nippon India Mutual Fund EduFund provides you with a wide list of options for investment to fulfill your child's educational dreams. It also provides you access to experienced financial counselors that are experts in ensuring that you can make enough to afford the tuition fee for studies abroad. It helps you develop a research-based financial plan customized entirely per your needs and requirements. Furthermore, it provides you access to a number of free tools and calculators that enable you to calculate the cost of education and funding.  FAQs Is Reliance and Nippon mutual fund the same? The Nippon India Mutual Fund was incorporated as the Reliance Mutual Fund in 1995. It is one of the most prominent mutual funds in the country both by age and by the assets under the management of the mutual fund. The mutual fund has been known as the Nippon India Mutual Fund since 2019. The Nippon India Mutual Fund has some of the fastest-growing schemes in India. Is Nippon a Chinese company? Nippon India Mutual Fund is sponsored by Nippon Life Insurance Company Ltd. Nippon Life Insurance Company is the foremost life insurance company in Japan. It offers individual and group life insurance as well as annuity policies. Its headquarters are in Japan, but it also operates in Europe, Nother America, and Oceania. It has more than 70 thousand employees and assets worth more than 70 billion yen. Which fund is the best in Nippon mutual fund? Nippon India Growth Fund Direct Nippon India Gilt Securities Fund Direct Nippon India Value Fund Direct Nippon India Income Fund Direct Nippon India Small Cap Fund Direct Is Reliance Nippon mutual fund safe? The Reliance Mutual Fund is one of the most robust mutual funds in the Indian market. Over the past few years, some of the highest-performing schemes among Indian mutual funds belong to the Reliance Mutual Fund. If you are looking to invest in the long term, Reliance Mutual Fund can be one of the better options.

In the early article, we discussed financial planning. In this article, we will try to under the taxation in the mutual fund system that applies to mutual fund investments.  Factors determining the taxation of Mutual funds  To know the taxation structure, first, you need to identify which type of mutual funds you have invested in and whether the fund you hold is an equity mutual fund or a debt-oriented mutual fund.   Along with this, the type of income that you are generating from the fund, whether a capital gain or dividend income - both these types of income are taxable in different ways.  Finally, your holding period is crucial in knowing the taxes applicable to your mutual funds' portfolio.  Earnings in mutual funds There are usually two ways in which money is earned in mutual funds: one through the selling of the mutual fund (capital gain) and the other through dividend income.   For example, if you are holding units of a mutual that you purchased at a NAV (Net Asset Value) of Rs. 100, and you sell it when its NAV of Rs. 150, you make a capital gain of Rs. 50; it is worth noting that capital gains tax accrues on the mutual funds' units only after redemption.   The tax will be payable when you file your income tax returns for the coming fiscal year.  The second way to earn from mutual funds is dividend income – the fund declares dividends for the holders based on the surplus that it has for distribution Dividends are taxable as soon as the dividend amount hits the bank accounts of the investors.   Source: Pexels Tax on capital gains  Here, there are again two parts to the story – whether the realized capital gains have come from equity mutual funds or debt mutual funds.   An equity mutual fund has an equity exposure of greater than 65%. For equity mutual funds, if the gains have been realized within 12 months of holding, then the applicable tax rate is flat at 15% on the gains (irrespective of your income tax bracket).   When the holding period exceeds 12 months, the capital gains of Rs. 1,00,000 are exempt from taxes. Any amount upwards of Rs. 1,00,000 is taxable at 10%, along with the provision of indexation benefits.  For debt mutual funds (funds with greater than 65% exposure to debt instruments) - the holding period is considered short-term if it is less than 36 months; anything more than that is long-term.  For the short term, the tax rate is in accordance with your income tax slab. On the other hand, for debt funds held for more than 36 months, the gains are taxable at a flat rate of 20% post-indexation (plus, some cess and surcharge are added).  A possible third case is hybrid funds (funds with a mix of debt and equity) it is simple, their tax treatment is supposed to be on the basis of the fund's exposure to debt and equity.  If the hybrid fund is equity-focused: LTCG is charged at 10% on capital gains exceeding Rs. 1 lakh (without indexation), and STCG is charged at 10%. If the hybrid fund is debt-focused: LTCG is charged at 20% with indexation benefits, and STCG is charged per income tax slab.  Tax on dividends  Now, when it comes to taxation of dividends paid out on mutual funds, it is done by adding the dividend to the investor's taxable income, and then the individual income tax slab rate is applicable; this is in accordance with the amendments made by the union budget of 2020.  Earlier, dividends were tax-free in the hands of investors since the companies paid the Dividend distribution tax (DDT) before sharing the profits with the investors.   Dividends (received from domestic companies) of up to Rs. 10,00,000 per year were tax-free in the hands of the investors during this period. Dividends above Rs. 10 lakhs were subject to a dividend distribution tax of 10%.  STT Aside from the dividends and capital gains taxes, there is also a securities transaction tax (STT).   When you acquire or sell mutual fund units of an equity or a hybrid mutual fund, the government charges an STT of 0.001%. It is important to note that selling units of debt funds are exempt from the STT.  Important points to note  There are tax-saving equity funds as well. Investments made under the ELSS (Equity-linked savings schemes) qualify for tax exemption under section 80C of the Income-tax Act (exemption up to Rs. 1,50,000).   Please note that ELSS schemes come with a lock-in period of 3 years – that is, investors cannot redeem the units before three years. LTCG (long-term capital gains tax) is not applicable for gains up to Rs. 1,00,000.   For LTCG more than Rs 1 lakhs, the applicable tax rate is 10% without indexation.  Taxation in the case of SIP (Systematic Investment plans)  Let us understand this with the help of an example  An investor invests Rs. 10,000 every month from April 2021, and another investor invests Rs. 60,000 lump sum at the same time.   When both of them redeem their funds simultaneously, Rs. 10,000 will qualify for tax exemption for the SIP investor because the investment made in 2021 would exceed one year as of May 2021. In contrast, the entire capital gain isn’t taxable for the lump sum. Investing in the long term can be more tax-efficient than holding the units for a short duration. FAQs How much amount is taxed in mutual funds? If the investor claims redemption in less than 1 year of investment, it would fall under the Short-term Capital Gains (STCG) category. The tax rate would be 15% on the gains earned by the investor. If the investor holds the investment for more than a year, (say April 2020 – May 2021), the gains would be taxed at long-term capital gains (LTCG) tax of 10% Is SIP in mutual funds taxable? Yes, SIP in the mutual fund is taxable. The tax amount differs based on the duration and returns generated Which mutual funds are tax-free? Profits from the sale of ELSS fund units are considered long-term capital gains and have tax exemption. Consult an expert advisor to get the right plan for you TALK TO AN EXPERT

Rating agencies are companies that evaluate the financial capabilities and strengths of different companies and government entities, especially their ability to meet their principal and interest repayment on their debt obligations.   The ratings given by these companies act as a signal to the public whether the borrower (the company or government entity) will be able to honor its obligations or not.   If a rating agency downgrades your short-term instruments, it isn’t a big worry if the maturity date is close. However, it could be an issue if the downgrading happens for long-term bonds. Keeping track of these ratings is essential because all debt instruments, though less risky, have some degree of risks involved such as default risk, interest rate risk, rate risk, etc.  Credit rating agencies like Standard and Poor’s, CRISIL, and Fitch assign letter grades to indicate ratings. Each rating has a different meaning. For example, Standard and Poor’s credit rating varies from AAA (excellent) and D.   Any instrument with a rating below BBB minus is considered a junk bond. You should invest your money into bonds with high creditworthiness and, thus, less speculative.   The ratings become crucial when choosing between bonds of different entities.  What is the role of rating agencies in capital markets?   Assessment of credit risk is done by rating agencies for specific debt securities and borrowing entities. In the bond market, a rating agency assesses the creditworthiness of government and corporate debt obligations.   Two of the three major rating organizations provide ratings to large bond issuers. Rating agencies also give ratings to sovereign borrowers, the largest in most financial markets.   For example, some sovereign borrowers are national governments, municipalities, state governments, and other sovereign-supported institutions.   A rating agency gives the sovereign a rating to show its ability to fulfill its debt obligations.   The poor credit rating shows that the loan has a high-risk premium, and it prompts an increase in the interest charged to individuals and entities with a low credit rating.   A good credit rating allows borrowers to quickly borrow money from the public debt market or financial institutions at a lower interest rate. At the national level, investors use these ratings given by credit rating agencies to make their investment decisions.  Source: Pexels Impact of a Downgrade by a rating agency   Rating agencies downgrade companies primarily because of the danger of default, which can emerge from bad financial performance, declining cash and bank balances, increasing debt, lowering the debt service ratio, and worsening business circumstances and prospects.   Any news of the downgrading of any asset, particularly bonds, could cause a drop in price, resulting in a loss for the investors. Unrealized losses are often known as market-to-market losses.   A downgrade with a ‘rating watch’ might sometimes imply that the instrument will be downgraded further or the default on the debt will be initiated soon.   When a hybrid fund is downgraded, the immunity portion of the portfolio may lose value. When the downgrade is just one notch lower, with an outlook for an upgrade shortly, it can result in temporary volatility in the price.  How to make decisions?   As said above, if the downgrade is for a short-term instrument, you need not worry too much if the majority of these instruments are just one or two months away from maturity. However, if the downgrade is for long-term bonds, you must check how much of your investment is in these bonds. One can get this information from the monthly factsheets.   An exposure of 10% to 15% could be risky. To conclude, whenever a downgrade happens to a debt or a hybrid fund you have invested in, you must take care of the above aspects and then decide to exit or continue from the scheme. FAQs Why do investors prefer debt funds? Investing in debt mutual funds is gaining popularity among investors who are looking for a safe and convenient way to earn higher returns than traditional fixed deposits or savings accounts. What are the different types of debt funds for investing? Liquid Funds Ultra Short-term Funds Short-term Funds Medium-term Funds Long-term Funds Credit Opportunities Funds Dynamic Bond Funds What are debt funds? Debt funds earn through capital appreciation and interest income from fixed-income securities. Consider that a debt fund receives 10% interest per annum; this is divided by 365 and is added to the NAV every day. A debt fund’s NAV hence depends upon the interest rate and the credit rating of its portfolio. If the credit rating of one of the securities that a fund is invested into goes down (due to default), the NAV of the fund also depreciates.  Consult an expert advisor to get the right plan for you TALK TO AN EXPERT

In the previous article, the focus was on education inflation and its impact on our savings. This article will discuss how to break free from debt. Debt, this dreaded four-letter word, is a nightmare for most people. However, everyone has a debt of some kind, whether credit card debt, student debt, home mortgage, personal debt, or more.   Debt is an unavoidable part of life. Dealing with debt often leads to stress and anxiety and can impact your physical health. There are both good debts and bad debts. The debt that creates a valuable asset (tangible or intangible) for you is good debt.   Debt that keeps on exerting negative pressure to pay off is known as bad debt. You need to remove this bad debt to live a stress-free life. How do you break free from debt?  Here is a step-wise guide to help you break the vicious cycle: Assess your situation: To get out of the debt trap, you must know where you stand. Check all your accounts and add up your liabilities (all types) to know how much you owe and to whom. Calculate your net worth by subtracting your liabilities from your assets. This will help you know your worth on paper.   Know where you spent your money: It is important to categorize your expenses into housing, transport, food, travel, miscellaneous, and debt. An example of a bad monthly budget is where the debt is almost equivalent to income. You need to get your basics of spending right as your first step.   Improve your budget: When you don't follow the rule “Spend less than you earn” that's how your debt problem arises. Living below your means is a very important thing that one should take care of to avoid getting into a debt cycle or when trying to get out of it. Unless you manage to spend less than you earn, you will always be in debt and never be able to come out of it.   Pay off your high-interest debt in full every month: Your credit card bills keep on mounting because you do not pay them in full every month. It happens because you take on more interest-bearing debt than you can manage. Paying off your credit card bills and other debts very religiously every month will do good for your credit score and will be a good step to lighten your debt burden.   Source: Pexels Some effective ways to reduce your debt  Use the snowball effect: Start paying off your small debts and then tackle the bigger ones. Put as much money towards paying that one small debt, and once it is done with, the free money from that shall go to the next big one. As you proceed with wiping out debt, the amount going to the current payment will increase. Another way is to tackle the highest interest debts first (to save on interest payments) and proceed.   Pay more than the minimum amount: You pay both the principal and the interest when paying down debt. So, paying more than the minimum for a particular month means cutting the principal for the next month and thus, saving money on interest payments.   Increase your income: An increase in your income will solve half your debt problems if you know how to channel your money. An increased income from the same work or a new income from a different income source will leave more money in your hands to get out of that unwanted debt you are in. You have to help yourself in this regard. FAQs What are 3 ways to eliminate debt? The 3 ways to eliminate debt are: Budgeting, increasing your income, and paying your debt on time without accruing more interest. What are the 5 ways to get out of debt? The 5 simple ways to get out of debt are: Listing your debt obligations, creating a budget for repayment, increasing your income and paying your debt on time without accruing more interest and finally reducing your daily/miscellaneous expenses to create space for savings and investing. What are the 5 golden rules for managing debt? The golden rules for managing debt are: Budgeting your expenses and debt, actively generating more income and wealth, paying your debt on time without any delays or additional interest, reviewing your spending habits, and avoiding future debt traps. How do I clean up my debt? Stepwise guide to help you break the vicious cycle:   Assess your situation   Know where you spent your money   Improve your budget   Pay off your high-interest debt in full every month   What is the best solution for debt?   Start paying off your small debts and then tackle the bigger ones. Put as much money towards paying that one small debt, and once it is done with, the free money from that shall go to the next big one. As you proceed with wiping out debt, the amount going to the current payment will increase. Another way is to tackle the highest interest debts first (to save on interest payments) and proceed.   How to live a debt-free life? When you don’t follow the rule “Spend less than you earn”, that’s how your debt problem arises. Living below your means is a very important thing that one should take care of to avoid getting into a debt cycle or when trying to get out of it. Unless you manage to spend less than you earn, you will always be in debt and never be able to come out of it. How can I recover from debt fast? It is important to categorise your expenses into housing, transport, food, travel, miscellaneous, and debt. An example of a bad monthly budget is where the debt is almost equivalent to income. You need to get your basics of spending right as your first step.     Consult an expert advisor to get the right plan for you TALK TO AN EXPERT

In this article, we will discuss direct mutual funds vs growth mutual funds. We'll try to understand what they offer in terms of risk and return and their composition.  Growth mutual funds As the name suggests, growth mutual funds invest in stocks of companies that have the potential to grow rapidly, thereby outpacing the market.   The main aim for investment in a growth mutual fund is capital appreciation, for which investors do not receive any dividends because the earnings are used as reinvestments in the company.   With high returns, growth mutual funds also bring about asymmetric risks. So, growth mutual funds are more suited for investors with a high-risk appetite.   Investors with a conservative approach and those with less knowledge of the market should keep away from these investments.   Growth mutual funds are highly volatile. The value of the investment might fluctuate widely, especially during market corrections.  In terms of taxation, these funds are subject to a long-term capital gains tax of 10% on profits over 1 lakh rupees (for investments held for more than one year).   Investment in growth funds allows you the diversification of companies that can multiply your money in a shorter amount of time.  Direct mutual funds On the other hand, direct mutual funds were introduced by SEBI (Securities and Exchange Board of India) in January 2013.  The direct mutual fund plans aim to eliminate mediator involvement by channeling your money into the fund. The absence of a mediator will add to your responsibilities as a buyer to do good research about your buying fund.   Because the transactions are done directly, the commission is absent, and as a result, the expense ratio for direct mutual funds is lower than the regular plans.   The lower expense ratio acts as a bonus for the investor, saving them the cost. However, people usually avoid direct mutual funds owing to a lack of research & awareness and end up paying a higher expense ratio (usually higher by 1 percent) and hurting their returns in the long run.  Source: Personalfn In the figure above, we assume that a fund generates 12% CAGR, then Rs. 1,00,000 lakh invested in a direct fund would amount to Rs. 3,47,855 after ten years and Rs. 3,23,073 in a regular fund we see a big difference of +7.7%. In the long term, the difference is non-ignorable.  Now, to say which one is better than the other is difficult. It depends on your willingness to spend time on what you do and your risk appetite. Use your due diligence to make your investment. FAQs What are growth mutual funds? Growth mutual funds invest in stocks of companies that have the potential to grow rapidly, thereby outpacing the market.   The main aim for investment in a growth mutual fund is capital appreciation, for which investors do not receive any dividends because the earnings are used as reinvestments in the company. What are direct mutual funds? Direct mutual funds were introduced by SEBI (Securities and Exchange Board of India) in January 2013.  The direct mutual fund plans aim to eliminate mediator involvement by channeling your money into the fund. The absence of a mediator will add to your responsibilities as a buyer to do good research about your buying fund. Is the expense ratio for direct mutual funds less than regular? Yes, because the transactions are done directly and the commission is absent, the expense ratio for direct mutual funds is lower than the regular plans.  

The 30s are very crucial for you as an investor. In this article, we will try to understand the best way to start investing in the 30s.   Steps to take before investing   1. Create an emergency fund The first and foremost thing you need to do is create an emergency fund that will assist you in times of urgent need. Ideally, the emergency fund should be equivalent to 6- 8 times your monthly expenses.    2. Become debt-free Tension-free and full-fledged investments are possible when you are not reeling under your loans. In the case of personal loans like credit card bills, try to clear them off on or before the due dates.  What should be your investment strategy?   1. Align investments with life goals The 30s is that juncture of life where you have a lot to do ahead –in terms of responsibility and achievement. For this reason, you need a detailed time log of what you intend to do in the upcoming decades before you define your investment strategy. In general, some big-ticket expenses are your marriage, your kids’ future studies (maybe 15 years later), and planning your retirement. At this age, your portfolio should have a subtle combination of equity and debt to suit your long-term goals.   2. Beating inflation In your 30s, you still have time to get rich and enjoy the luxuries of life. So, you should put the investible money into assets that will beat inflation. Inflation is your enemy so treat it like one, and thus, do not invest your money (for growth purposes) into assets that do not even match inflation such as FDs and savings bank accounts. You should aim at investing in stocks and mutual funds or even real estate (if you have the proper knowledge and guidance).   3. Do not fear risk At this time of life, the risk is synonymous with living in terms of a career or investments. Risks depend on your appetite; if you wish to obtain asymmetric returns, you have to take asymmetric risks. However, you must have the potential to manage the risk (an emergency fund). Managing risk implies diversifying your investment portfolio by placing your money into various asset classes and reviewing your portfolio to check for risks.   3. Do not disregard liquidity Liquidity is a vital factor to consider. While investing, you must ensure that your investments are not tied entirely to illiquid assets, which might create problems in times of distress.   4. Invest continuously Continuity and patience will reap the highest benefits in your investments. The longer you remain invested, the more you can benefit from the power of compounding and through the systematic accumulation of stocks/mutual fund units over a long period.  FAQs Is it OK to start investing at 30? Yes, it is a good idea to start investing at 30 years of age. It is never too late to start investing your money toward your financial goals. You can consult a SEBI-registered financial advisor and get the best advice to make a success. How can I build my wealth at 30? Here are some ways to build your wealth at the age of 30- Create an emergency fund Become debt-free Align investments with life goals Beating inflation Do not fear risk Do not disregard liquidity Invest continuously Is 32 too late to invest? No, 32 is not too late to invest. Be sure to connect with an expert who is SEBI-registered with ample finance experience to guide you on how to invest properly. Consult an expert advisor to get the right plan for you TALK TO AN EXPERT

As an investor, you may have heard about three broad types of funds equity funds  hybrid funds  debt funds  In this article, we will be trying to put out a comparison between debt funds and hybrid funds. We will try to differentiate them based on risks-returns and tax assessment. Difference between Debt funds and Hybrid funds 1. Debt fund A debt fund is a mutual fund, an exchange-traded fund (ETF), or any other pooled investment instrument that invests primarily in fixed-income assets. Debt funds have lower fees than equity funds due to lower management costs. Investors in debt funds can choose between passive and aggressive solutions. Credit funds and fixed-income funds are common names for debt funds. These funds are popular among investors looking to preserve their capital, along with the generation of low-risk income. Debt funds invest in a wide range of securities, each with its own set of risks. Companies with a steady outlook and high credit quality issue investment-grade debt. High-yield debt is usually issued by low-credit-quality businesses with good growth potential and a larger risk-return profile.  Debt funds are appropriate for people with short to medium-term investment horizons, where “short-term” refers to 3 months to one year, and “medium-term” refers to a period of 3 to 5 years.  2. Hybrid funds A hybrid fund is a mutual fund scheme that invests in a mix of equity and debt instruments to create a balance between the risk and returns of the instruments mentioned above.   The risk of investing in a hybrid fund is dependent on the allocation of funds between equity and debt.   Hybrid funds obtain their returns effectively in two parts:   From the risk-free debt instrument   The risky and high-delivering equity segment is volatile as well.  A comparative analysis of Debt and hybrid funds  1. Comparison of the risk-return scale Without a second thought, hybrid funds are riskier than debt funds because of equity components.   The riskiest ones within hybrid funds are those with more than 65% of equity exposure; among debt funds, the fund with low credit quality and high growth prospects carry a riskier profile.  Returns are dependent on the risk you take so returns will vary depending upon your separate exposure to equity and debt, though debt funds are categorically safer than a hybrid.  2. Comparison of the funds on the taxation scale These funds are subject to taxation on capital gains and dividend distribution tax. Funds are categorized into equity (if equity exposure is >65%) and non-equity.  Equity funds are subject to STCG of 15% if held for less than one year and LTCG of 10% if held for more than a year. On the other hand, non-equity funds (debt funds and hybrid funds with <65% equity) are taxable according to your income-tax slab.   If held for less than three years, LTCG is payable at 15% with an indexation benefit. Equity and non-equity funds attract Dividend distribution tax (DDT) of 10% and 25%, respectively.  So, while choosing the fund you wish to invest in, you have to account for your risk-return equation before deciding. FAQs What are debt funds? A debt fund is a mutual fund, an exchange-traded fund (ETF), or any other pooled investment instrument that invests primarily in fixed-income assets. Debt funds have lower fees than equity funds due to lower management costs. Investors in debt funds can choose between passive and aggressive solutions. What are hybrid funds? A hybrid fund is a mutual fund scheme that invests in a mix of equity and debt instruments to create a balance between the risk and returns of the instruments mentioned above.   What is the difference between debt funds and hybrid funds? Hybrid funds predominantly invest in equity whereas debt funds invest in debt and debt-related instruments. Consult an expert advisor to get the right plan for you TALK TO AN EXPERT

Investment tips can be a life savior. Especially when life today is expensive and getting costlier. Education, housing and other costs of living are certainly not getting any cheaper. Your savings will only take you so far and thus, financial planning and investment have become a necessity today. Education planning in India is getting popular, especially for parents looking to send their kids to study abroad without taking out education loans. If you are a beginner investor, and thinking about child investment plans or other strategies, here are some things you should know. 1. Invest with a plan You should always invest with a plan. It is very important to be clear from the get-go about what your financial goals are. Investments in a house, investments for buying a car, investments for retirement, and investments for child education are all very different financial goals. Some financial goals require short-term planning while others require planning long-term.  For example, buying a car is a short-term goal, while creating a proper education plan for your child or planning for retirement are long-term goals. A diversified short-term investment plan is much more suitable for the former and a long-term investment scheme will be more useful for your long-term goals. If you are a beginner, it can be a good idea to invest with a financial service that manages your investments for you. A personalized and customized financial plan created by experts is useful when you are short on time or expertise yourself. If you want to create a solid education plan for your children, you can invest your money in mutual funds and ETFs through EduFund.  2. Educate yourself about the stock market While it may be tempting to leave everything to the experts and rest stress-free, that is not a very good attitude to have. You should educate yourself about what you are investing in and why. A lot of beginner investors follow trends and invest in whatever is being talked about the most. There is a chance of this being profitable in the short term but this definitely not a good long-term strategy. For that, you will need to educate yourself on the stock market. You need to understand how the stock market works and what it means when a stock rises or falls. What is a stock and what does it mean when you buy a stock? You should also educate yourself on the jargon. What is BSE, NSE, Sensex, Nifty, etc.? What is the difference between investing and trading? First-time investors also need to specifically look at what they are investing in and learn as much as possible about it. If you are investing in ETFs, it is important to first understand what an ETF is and why they are so popular with beginner investors.  Sometimes, the experience can also be a teacher. When you enter the market as a rookie, you may make mistakes and suffer losses. Take these losses as a learning experience to understand what to do and what not to do. Knowledge is your friend when you are an investor and not all of this knowledge needs to be bookish. 3. Understand market risk When you invest your money into the market, you can either make a profit or suffer a loss. The more money you have invested, the more your exposure and consequent risk.  Volatile or trendy stocks and options can be risky. Balanced mutual funds, real estate, and high-income bonds are relatively low risk. Bank savings deposits, fixed deposits, and government bonds are the lowest-risk investments. As an investor, what you need to do is determine how much risk you are willing to take. It is always a good idea to start slow. Do not speculate too much too quickly. Rather, plan things out and invest according to your goals. Your risk tolerance will also differ depending on your financial goals. If you are investing to fund your child’s education plan, which is an expensive, long-term investment, you should not take unnecessary risks.  Diversification is a great idea to lower risk as this ensures that your invested principal is not tied up in only one thing. This balances out your risk. Investing in ETFs and mutual funds is a great way to do this. These funds are already diversified and their investment portfolio is structured and balanced to ensure relatively lower risk. 4. Invest in what you know We have recently seen big booms and falls in the prices of certain stocks like GameStop. A lot of people invested in these stocks due to the hype and media attention. While many of them made huge profits, when the stocks eventually fell, many investors ended up losing a lot of money as well.  This is a great example of what happens when you invest out of herd mentality, without fully understanding what you are investing in and why. While these types of investments can be good for a quick and sudden cash fall, they are completely inappropriate as a long-term investment strategy.  When you invest in a stock, you purchase yourself a stake in the company. As a stakeholder, you should do your due diligence about the company and its stocks. Understand how the company makes its money and stays profitable. If you don’t do this, you will not be able to predict or understand when a company’s stock may fall and put you in a financial crisis. If you don’t understand how or why a particular stock shot up, it's not a good investment. 5. Stay calm This is perhaps the most important aspect of investing. The stock market with its highs and lows can lure you into making impulsive, emotion-driven decisions. It is important to have self-control in these matters and stick to proven investment strategies rather than variable market trends. It is also equally important to understand that short-term market fluctuations, by and large, don’t affect your long-term investments in the long run. With financial goals like education plans and home ownership, any rise and fall in stock prices can make you nervous. However, it is important to have faith in your long-term investments. If you have done your due diligence and research in picking the right plans and strategies for yourself, the only thing you need to do is relax and keep faith in your investments. Conclusion Investment is a strategy for creating wealth in the long term and requires patience, faith, knowledge, and planning. It is important to educate yourself as much as possible about all relevant issues and keep in touch with experienced advisors and analysts. FAQs What is the best strategy for a beginner investor? You should always invest with a plan. It is very important to be clear from the get-go about what your financial goals are. Investments in a house, investments for buying a car, investments for retirement, and investments for child education are all very different financial goals. Some financial goals require short-term planning, while others require long-term planning.    How can I invest smartly? Stay calm. This is perhaps the most important aspect of investing. The stock market, with its highs and lows, can lure you into making impulsive, emotion-driven decisions.   It is important to have self-control in these matters and stick to proven investment strategies rather than variable market trends.   It is also equally important to understand that short-term market fluctuations, by and large, don’t affect your long-term investments in the long run. What should beginning investors invest in? Invest in what you know. When you invest in a stock, you purchase a stake in the company. As a stakeholder, you should do due diligence on the company and its stocks.    Understand how the company makes its money and stays profitable. If you don’t do this, you will not be able to predict or understand when a company’s stock may fall and put you in a financial crisis.    If you don’t understand how or why a particular stock shot up, it’s not a good investment.   What are 5 tips for beginner investors? Invest with a plan   Educate yourself about the stock market   Understand market risk   Invest in what you know   Stay calm