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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. Consult an expert advisor to get the right plan 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

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.

Trading on the exchange can be a challenging experience. If you buy too soon, you risk being disappointed if the price declines. However, if you postpone and the price rises, you will feel you have lost out on a good offer.  Dollar-cost averaging is a risk-minimization tactic that involves progressively increasing your holding. When you employ a dollar-cost average strategy, you engage in an asset in equal amounts of dollars at regular intervals your purchase is at a range of prices rather than aiming to time the market.  Like most investment techniques, dollar-cost averaging isn't for all, and there are periods when it makes more sense than others. However, it can be an efficient strategy for overwhelming some mental hurdles to investing.   Let's understand the nitty-gritty of dollar-cost averaging.  What is Dollar cost averaging?  When buying equities, exchange-traded funds (ETFs), or mutual funds, dollar-cost averaging is a tactic for reducing price risk.   Instead of investing in a single asset at a single purchase price, you divide the investible money to buy tiny amounts over a period at regular intervals with dollar-cost averaging - it reduces the risk of paying a high price before market prices come down.  Of course, prices do not always move in a single direction. However, splitting your purchase into many increases your odds of paying a lower aggregate price over time.   Furthermore, dollar cost averaging allows you to regularly put your capital to work, essential for long-term success.  Let's understand with an example, using DCA, a $200,000 investment in shares can be undertaken over eight weeks by investing $25,000 each week in the same manner.   The trades for lumpsum investing and the DCA approach are in the table below:   The amount invested is $200,000, with 2,353 shares purchased as a lumpsum transaction. On the other hand, the DCA strategy purchases 2,437 shares, a differential of 84 shares worth $6,888 at the $82 average share price.   As a result, DCA can raise the number of shares purchased when the market is down and decrease the number of shares purchased when the market is up.   DCA @ $25000 per weekLumpsumWeekShare priceNo shares purchasedShare priceNo shares purchased185294852353286291  383301  481309  582305  678321  780313  882305  Total shares purchased 2437 2353Average share price82 85  What is the best time to employ dollar cost averaging?   When it comes to dollar-cost averaging, it's crucial. You must, in particular, create and keep to a consistent plan. The strategy's main advantage is that it allows you to avoid worrying about when to buy in and stop trying to beat the market by splitting the investment into parts.  As a result, you must adhere to it once you've set a date, no matter what.  The day you select is the perfect day.  Scenarios of the DCA in market phases  When you employ DCA in a falling market, you can own more significant shares as the market prices fall each day, thus helping you get more shares than the lumpsum buy.  In a rising market, Dollar-cost averaging prevents you from maximizing your returns compared to a lump sum buy because the stock rises and then rises again. However, unless you're looking to make a quick buck, this circumstance rarely occurs in real life. Stocks are pretty volatile.  In a flattish market, the scenario appears to be the same as the lump sum buy in a flattish market, but it isn't because you've eliminated the danger of market mistiming at a low cost. For long periods, markets and stocks might move sideways – up and down but ending where they started.  Benefits and disadvantages of the DCA.  Who should use DCA?  You may consider dollar-cost averaging if you are  When you first start investing, you only have a small quantity of money to invest.   I'm not interested in the extensive research that goes into market timing.   Putting money down for retirement every month.   In a falling market, it's unlikely to maintain investing.  You may employ another investment approach if  You have a lot of money to invest.  You invest in mutual funds through a taxable brokerage account with greater initial investment minimums.   You love attempting to time the market and are unconcerned about the extra time and research required.   You're making a short-term investment  Aside from other aggressive techniques like target asset allocation, diversity, and frequent portfolio rebalancing, an investor should seek to use DCA as an optional strategy. FAQs How do you explain dollar cost averaging? Dollar cost averaging is an investment strategy to mitigate risk while investing. It means that an investor will continue to buy stocks, ETFs and mutual funds by buying smaller units at regularly irrespective of the price point. What is an example of dollar cost averaging? Dollar cost averaging allows you to regularly put your capital to work, essential for long-term success.  Let's understand with an example, using DCA, a $200,000 investment in shares can be undertaken over eight weeks by investing $25,000 each week in the same manner.   The trades for lumpsum investing and the DCA approach are in the table below:   The amount invested is $200,000, with 2,353 shares purchased as a lumpsum transaction. On the other hand, the DCA strategy purchases 2,437 shares, a differential of 84 shares worth $6,888 at the $82 average share price.   As a result, DCA can raise the number of shares purchased when the market is down and decrease the number of shares purchased when the market is up. Is dollar cost averaging a good idea? Yes, it is great for investors who do not want to take on a risky venture. It allows you to invest regularly.  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. But 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   With good advice, planning, and a solid portfolio, investing can help you achieve your life goals and dreams.

A systematic investment plan or SIP is the best plan that helps you invest in mutual funds on a regular basis.  You can choose to invest weekly, monthly or even quarterly – the most popular choice being monthly. There are multiple reasons why SIPs are the best way to grow your money especially when you have a goal to plan – e.g. your child’s education. SIPs can be bought easily and you can start with a very low amount - Rs. 500 per month. In this blog, we will talk about the ‘Big 5 advantages’ that SIPs offer to you as a parent. But before that, let's understand what a SIP is What is SIP? A SIP or systematic investment plan is an investment mode through which an investor can create a regular mechanism of investment for themselves. Let's take the example of investor X. Investor X wishes to invest Rs. 10,000 every month in a mutual fund. In this case, investor X can create a SIP for a fund they want to invest in and the money will be deducted every month automatically (the deduction can be weekly, monthly, or even quarterly, depending on the investor's choice). Think of it as a recurring deposit, with better returns. Now that we know what a SIP is, let's get to know why investing via SIP is the best choice you can make to enlarge your corpus. CALCULATE MONTHLY SIP 5 Reasons SIP is the best These are the 5 main reasons why you should invest via a systematic investment plan to reach your financial goals 1. Suitable for Long-Term Investment Any financial advisor will tell you that if you want to invest long-term, SIP is the way to go. The reason is simple, regular investing and automatic deductions keep investors motivated to stay invested and reach their investment goals quicker. During the 2008 financial recession, many people withdrew money from mutual funds. However, the ones that remained invested via SIP, attained a huge profit once the markets rose. Long-term investing makes sure that even if the market is down at the moment, once the markets rise, the investor will make profits. 2. Goal-planning ‍SIPs are good tools to plan for a future goal – to buy a 4-wheeler or to pay for college tuition fees maybe 10-15 years from now. When you determine the amount required to achieve your goal, you will know how much you should invest and how long it will take to reach your goal. This will help in planning effectively. Having financial goals is very important to creating a financially secure future. One must have a defined idea about what financial goal one wants to reach by the age of 30, 40, 50, and so on. 3. Effect of Compounding Compounding is one of the biggest advantages of a SIP. Over time your investments grow because you start earning returns not on your principal amount, but on the interest that keeps getting added to it. Let's take an example. Suppose you invest Rs.1,000 in a mutual fund that gives you a yearly return of 10% p.a. Your amount becomes 1,100. at the end of the first year. At the end of the second year, the rate of return is 11%, this time the returns will be calculated on Rs. 1,100 and not the principal amount, which is, Rs. 1,000. ‍This ensures the growth of your corpus and is one of the reasons why experts advise you to not withdraw your investments when the market is down. 4. Curated by Experts With the increasing number of fund types like equity, debt, mixed, gold-based, etc. there is a wide variety to choose from based on your risk appetite and preferred investment duration. This has led to customized offerings based on individual needs, supervised by experts in the SIP domain. All you need is to specify your goal and timeline and you are provided with the best possible funds that can meet your future goals. ‍SIPs have become popular over the past few years, because of the ease of investing and the flexibility provided in terms of the amount of money that can be invested. You can stay invested as long as you want, although average returns have been higher when invested in the long term. Research also shows that the returns offered by SIPs are more than recurring deposits in banks, in the long term. 5. Automates Your Investment Experience SIPs automate your investment experience, which makes you a regular investor. It is easy and convenient and because of the online surge, today, it is super easy to invest via SIP. If you choose the lump sum method, you will have to manually invest an amount and there may be times when you can miss an installment. ‍With automated installments and a streamlined process, investing via SIP has now become an extremely popular method, to reach long-term goals like saving up for your child's education. FAQs Why is SIP investment good? By investing through SIPs, you will do away with the burden of timing the market as you could then avail the benefit of Rupee Cost Averaging. By investing through SIP, you will tend to invest in the up and down markets. This helps you shy away from the volatility of the market. Additionally, you will benefit from the power of compounding, which fundamentally generates returns not only on capital but also on returns. Is SIP good for students? Investing in SIP can be a huge benefit for students. It cultivates a healthy investment habit, and they can invest a small amount to start their journey. SIP is best for beginners and a comparatively safe investment vehicle. What are the features of SIP? A SIP offers the following features: It is best for long-term investment, brings financial discipline, allows small investment amounts, benefits from the power of compounding, and is a comparatively safer investment tool. Why do people prefer SIP? A systematic investment plan helps bring discipline to an individual’s investment habits. A SIP will automatically deduct a pre-decided amount periodically. Investors also do not need to worry about timing the market while investing via SIP. It is one of the best investment vehicles for beginners. Consult an expert advisor to get the right plan TALK TO AN EXPERT

Where to invest in children's education? What are the best investment tools for creating children’s education fund? How much do you need to get started? Let’s find out in this article.  If you're thinking about setting aside money for your children's educational needs, it's time to get moving and avoid delay at all costs. Education inflation is rising considerably more quickly than general inflation. Parents are finding it more and more difficult to cover the rising fee structure and other expenditures involved with education.   This is true from basic to secondary to higher education. Saving in assets that can produce returns that outpace inflation is crucial. This is why it is important to make a rough estimate of the course's inflation-adjusted cost now, even before you begin saving. Your child might be interested in it in a few years.  Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), or equity mutual funds are the top three investment options for many parents while saving for their children's education expenses. Let's look at what PPF, SSY, and equity MF as the best investment tools for creating child’s education fund:  1. Public Provident Fund (PPF)  Even little children's names can be used to open PPF accounts. A total of Rs. 1.5 lakh per year may be invested in both the parent's own PPF account and the child's PPF account. To construct a tax-free corpus for the child that is secured by a government guarantee for the debt part, one could think about investing in child PPF. The PPF donation made to the child's PPF account may also provide tax benefits to the parent. PPF is a 15-year plan, and when a child turns 18, they can utilize the same account to make partial withdrawals to reduce their tax burden.  The PPF may be extended after 15 years in blocks of 5 years, thus for the child, it will be a 5-year PPF. The interest rate on the PPF account is currently 7.9% per year, compounded yearly, and paid at maturity.  2. Sukanya Samriddhi Yojana (SSY)  The Sukanya Samriddhi Yojana program is designed to meet a girl child's financial needs. The youngster must be younger than 10 years old, and the program matures when the child turns 21. Only the first 15 years must be covered by the parent's SSY deposits. The SSY regulations permit the plan to be terminated after the child becomes 18 as long as it is only done so to facilitate marriage. The interest earned is tax-free, while the SSY contributions are eligible for a tax break under section 80C. The interest rate is currently 8.4% per year, compounded yearly, and paid upon maturity.  While the compounding and tax advantages of SSY and PPF are comparable, SSY has a greater interest rate. A PPF for a girl kid can be formed with only a tiny part of money entering into it, even though SSY can be given precedence for a girl child.  3. Equity mutual funds  Since PPF and SSY are both debt investments, returns will almost certainly fall short of inflation over the long term. One needs to be exposed to equity mutual funds in order to achieve strong inflation-beating returns. Create a mutual fund portfolio by combining at least two to three open-ended, diversified MF schemes, including an index fund, a large-cap fund, and a mid-cap fund. Pick investments that have consistently outperformed their benchmark throughout time. Connect them to your child's goals and keep SIPs going in them till the objective is three away.  The number of years before a goal can also influence a person's choice of plans.  4. Children's mutual fund schemes  There are mutual fund schemes specifically designed to meet the needs of children, but they have a lock-in period. When the market declines, immature investors typically have a tendency to sell their positions. They are unaware that keeping an investment for the long term, despite market volatility, is necessary to get returns that outperform inflation. On the other hand, fund management is given the freedom to make some risky decisions in order to maximize returns.  5. Child insurance plans  There are life insurance policies designed specifically to meet the needs of children. Such child insurance policies have a "waiver of premium" provision that guarantees the child will receive the intended amount of money when it is needed, even if the parent passes away during the policy's term. Such plans are more expensive because they guarantee the necessary sum for a child's demands.  No one investment can be the best. Diversify among all three of these investments based on the number of years till the target and your risk tolerance. Aim to use the long-term potential of equities through equity mutual funds rather than becoming significantly invested in debt products like PPF or SSY.  FAQs What are the best investment tools for your child's education? Public Provident Fund (PPF) Sukanya Samriddhi Yojana (SSY) Equity mutual funds Children's mutual fund schemes Child insurance plans How do I create a child education fund? There are many ways to create a child's education fund. Here are some tools that you should consider building your child's education fund Mutual Funds, US stocks, Sukanya Samriddhi Yojana for girl children by the Indian government, child insurance plans, and Public provident fund. These are effective ways to build wealth for big financial goals like your child's college fees or for your house. Is SIP good for child education? SIP is one of the best tools to invest in your child's education planning. It allows you to create a fund gradually and systematically without spending a huge amount in one go. It is a disciplined way to invest and allows you to stay invested for a long period of time. Consult an expert advisor to get the right plan TALK TO AN EXPERT

Student credit Card is meant for students and their expenses. They are extremely helpful with daily payments, offer rewards on shopping and travel, and can help a student build their credit score over the years. While the concept of student credit cards is literally new in India, it is fast emerging as a tool for financial independence and growth. Let’s find out what is a student credit card, how it works, and its benefits. What is a Student credit card and how does it work in India?    A student credit card is a credit card meant exclusively for college students. Students must be above the age of 18 years of age to avail of this card. Only some specific banks like SBI and HDFC banks offer this facility in India. A majority of college students going abroad generally opt for credit cards or forex cards. It is a new and emerging financial concept in the country.  Some state governments help students get student loans at a concessional rate and have also launched Student Card Schemes such as West Bengal Student Credit Card Scheme and Bihar Student Credit Card Scheme.   In order to apply for these cards, students must be above the age of 18 and enrolled as a student in a recognized institution. These cards are valid for 5 years with minimal or no annual fees. Banks do not charge a maintenance fee for student credit cards. Student credit cards have a relatively low credit limit so that students do not end up overspending.  It is a great way to help your child learn finances and budgeting. Maintaining their credit limit and credit score can help them create a healthy financial record over a long period of time.   Who can apply for these cards?     The basic criteria for student credit cards are age and enrolment. A student needs to be above the age of 18 years and must have a valid student ID from a recognized university/institution. Being enrolled in college is one of the most important criteria for acquiring this card. Why should you get a Student credit card?    There are many reasons to get a student credit card, let’s look at some of them:    Student credit cards help build creditworthiness and credit score. Students can start building a financial record and gain financial independence. It helps them understand the importance of limit utilization, regulate their spending habits, and understand reward features, and repayment mechanisms while building a strong credit score for their adult lives.   Student credit cards can be a backup and an emergency plan. If you as a student are in need of funds but don’t have cash reserves, then you can use your credit card immediately. It allows you to make the repayment later and fulfill your financial obligations  Helps in saving money and using discounts. A student credit card can get you amazing offers and discounts. It can help you minimize your expenses since books, stationery and gadgets can be expensive. Many platforms offer exclusive offers exclusively to students. This can help you stay on budget and build savings for yourself as well.  Another reason to get a student credit card is to gain financial independence and learn budgeting. As a cardholder, you will be responsible for all your expenses and repayments. This will help you analyze your spending habits and understand how to stay on track. Defaults on credit cards reflect poorly on your credit score and history, this is a good incentive to manage your repayments and spending carefully.  List of best student credit cards    Here are some of the best student credit cards in India    SBI Student Plus Advantage Card  Axis Bank Insta Easy Credit Card    ICICI Bank Student Travel Card  HDFC Bank's ISIC Student ForexPlus Card  What is the application process for student credit cards in India?     You do not require a list of documents to apply for a student credit card in India. Here are the following documents you must provide along with an application form given by the bank:  PAN or any other government-approved photo ID    Aadhaar Card or any other government-approved address proof    Birth Certificate    College Identity Card or any other proof of enrolment    Passport-sized photographs    Evidence of Education Loan and or Fixed Deposit (as per the credit criteria of the bank)    Consult an expert advisor to get the right plan TALK TO AN EXPERT FAQ What is a student credit card? Student Credit Card is meant for students and their expenses. They are extremely helpful with daily payments, offer rewards on shopping and travel, and can help a student build their credit score over the years. What are the eligibility criteria for a student credit card?  The basic criteria for student credit cards are age and enrolment. A student needs to be above the age of 18 years and must have a valid student ID from a recognized university/institution. Being enrolled in college is one of the most important criteria for acquiring this card. What are the benefits of getting a student credit card? Student credit cards have many benefits, they help with the following:  Provide financial independence  Helps you learn budgeting and financial management   Builds credit history and score  Have a reward system   Useful during emergencies What are some of the best credit cards in India?  Here are some of the best student credit cards in India:    SBI Student Plus Advantage Card   Axis Bank Insta Easy Credit Card     ICICI Bank Student Travel Card   HDFC Bank's ISIC Student ForexPlus Card  Student credit cards are the best teachers of financial management and spending. They have a relatively low credit limit and students are less likely to misuse the financial tool. It helps them learn about budgeting and build creditworthiness for borrowing funds in the future. In the modernized world, the advantages of student credit cards are unlimited, they help students make transnational payments and come in handy during emergencies.

Parenting is difficult. There are too many things going on at once. Without a doubt, you devote a lot of time to caring about the safety, academic success, and social skills of your children. To help them achieve great things, you need to start setting money aside for your child's education as soon as possible. But in order to save effectively, you need a plan and a cautious estimate of future costs. The following formula can be used to determine how much money you should set away for your child's education. How much do you need for your child’s higher education? Let's look at the price of several well-known courses in India at prestigious institutions and estimate their future cost 15 years from now, assuming inflation at 10% p.a., to determine the amount of the Investment Corpus necessary. How to invest in child investment plans? If you want to be completely prepared for any circumstance, you should invest time and effort into your child's future. When deciding when to begin investing, the following factors should be taken into consideration. The length of time you intend to continue making the commitment is one of the most crucial factors to take into account when planning future investments, therefore you must decide on the time frame for your investment. The advantages are frequently greater as the time horizon gets longer. The second factor to be taken into account is the typical expense of your child's future education. Although this varies by school, costs for postgraduate study might occasionally be more than those for graduation. Consider whether you want your child to have a local or a global education as well. You may also take into account your child's graduation from high school in your own country and their following post-graduation in a different country. You must first assess your existing condition before formulating future goals. Consider all of your options carefully before making a decision. If you're investing a portion of your money in a child plan, you should be fully aware of its current worth. Knowing the current worth of an investment may help you avoid overspending on other financial goals, such as retirement. Please don't utilize the Child plan for other low-priority expenses like home improvements. It's a good idea to always be ready for the unexpected. Other expenses, such as rent and pocket money, might be included. In addition to school and tuition fees, there are a number of other considerations after your child reaches high school. Even if these amounts initially seem small, they could wind up costing you more over time. It is much more crucial if your child intends to pursue graduate or postgraduate education abroad. Different investment options for your child It's possible that fixed deposits and other conventional products won't be sufficient to pay for your child's education expenses. It is important to consider other products like shares, balanced funds, and equity funds. Depending on your time range, you can choose one of the following investing strategies: If your child will want the cash within five years, debt mutual funds are the best choice. Such funds have the ability to produce returns that are higher than the rate of inflation while also supplying liquidity. For long-term objectives, you can combine several financial instruments. Gold, equities, and debt are all investment options available to you. Although being exposed to the stock market might be risky, buying stocks allows investors the possibility to make more money over time. One of the best investment alternatives for supporting a child's education is the PPF. You must start this early and invest continuously in order to build up a sizeable capital. A variety of kid-focused services are offered by several insurance companies. You may decide to put more responsible rules into place when your child needs the money to pursue further education. Investment strategy for children's investment plan List specific goals upfront, such as the child's preferred education and related costs. After paying all of your regular costs, you'll be able to estimate how much you can afford and how much you'll need to set aside each month. However, you must remember that loans can also be utilized to fund your education. As a result, you do not have to sacrifice other expenditures like healthcare and retirement to save for your child's education. As the financial goal draws near, reduce your stock exposure to lessen the likelihood of adverse market movements. Children's investment plans can assist you in preparing financially for rising education costs, unexpected illnesses, and unfortunate circumstances. As soon as you can, you should start making plans for your child's future. By doing this, the associated risks are dispersed and your assets have more time to grow. Consult an expert advisor to get the right plan TALK TO AN EXPERT

When it comes to planning and investing for all your goals, the saying “one plan fits all” doesn’t do. Just like one investment will not cater to all your goals and objectives. Every goal is different and has its own requirements. For example, based on the time horizon itself, short-term goals are those which have to be achieved immediately whereas long-term goals have a good time horizon to be planned and saved for.  Now, are you wondering how all the goals can be achieved by you? In this article, we will tell you how you can smartly plan for your short-term and long-term goals.  Types of Goals  Short-term goals: These are the goals that you want to achieve in the near future. The near future can be today, this week, this month, this year, or within 2 years. These are goals that need you to plan and be prepared immediately to ensure you achieve them on time.   Some examples of short-term goals are: Paying for your child’s school fees every year.  Purchasing a smartphone.  Purchasing a laptop.  Purchasing jewelry for an occasion, etc.  Planning for an international trip with your family?  Long-term goals: These are the goals that provide you with good bandwidth to plan and be prepared to achieve them. There is no specific definition of what long-term really means. It has a timeline of anywhere more than 5 years.   Some examples of long-term goals are:  Saving for your child’s higher education when your kid is young.  Saving for your child’s wedding.  Planning to purchase a car  Planning to buy a house.  Saving up for your retirement corpus.  Investment for short-term goals  There are multiple ways to save for short-term goals which will suit your risk appetite, the tenure of your investment, and your needs.  Savings Accounts: You can always maintain a cash balance to fulfill your immediate goals and objectives. But usually, it is not ideal to maintain your savings only in your savings accounts as it does not even generate inflation-beating returns. In long run, you may end up losing money. It is advised to only maintain an emergency corpus in your savings accounts to have some liquid cash.  Fixed deposits: Fixed deposits are where you invest in an FD with a bank and there is an interest on the investment received by the investor. FDs have a lock-in ranging between 7 days to 10 years. But even after the interest rate revision by the Central Bank, the FD rates are still not generating inflation-beating returns, which causes a loss to the customer.  Debt mutual funds: This is the best option to save for your short-term goals. There are multiple options for an investor to choose from. For example, if an investor has a very short tenure for a goal, one can choose from an ultra-short duration fund, a money market fund, or a liquid fund. Likewise, with a little longer horizon, an investor can choose from a corporate bond, medium-term bond, etc. Debt funds generate returns that are at par with the inflation rate.  Investment for long-term goals  One has multiple instruments to invest to achieve their long-term goals as well, based on the risk appetite, tenure, and requirements.  Direct Equity: An investor can directly invest in the stocks of a company as an investment option. One thing to note here is that direct equity investing is time-consuming. One cannot just randomly choose a stock. Detailed research and analysis have to be done to select a stock. Also, while having direct equity exposure, one has to be prepared for either major profits or major losses due to the high market volatility.  Mutual funds: While investing for long-term goals, an investor has options of both equity mutual funds and hybrid mutual funds. One does not have to do such detailed analysis while doing stock picking for a mutual fund. The fund managers actively manage and rebalance the portfolio as per the market conditions. So, there is always an added advantage of an expert management team in mutual funds.   Real estate: In India, real estate is the most sought for long-term investments. Yes, having a property in one’s name is good and sounds powerful. But it does not provide liquidity to an investor. It may so happen that at the time of achieving a goal, one may not be able to sell the property. The smart way of investing for short-term and long-term goals  An individual will never have just one goal. There will be multiple goals. As discussed above, just like “one size does not fit all”, one investment does not cater to all goals and objectives.   The best solution for this is following a goal-based planning approach. In this approach, all goals are properly planned for.  First, the goals and objectives are clearly mentioned along with a monetary value attached to them. For example, if one of the goals is to pay for the child’s school fees the amount needed is also mentioned along with the goal.  Then, the time horizon is specified. After setting the goals, the investor has to set how much time the investor has to save up and achieve the goal.  After specifying the time horizons, investors’ investment characteristics are specified. What does this mean? These characteristics include the risk appetite of the investor and what amount the investor is able to invest to achieve all his goals.  Sounds scary and lengthy right? Not to worry. You can always approach a Registered Investment Advisor to help you with a detailed investment plan to make your investment journey smoother. Conclusion  Goal-based planning is the smartest way for you to make one detailed investment plan to help you achieve all your goals so that you do not miss out on your dreams! A Registered investment advisor also ensures that your portfolio is well diversified and periodically rebalanced to optimize the portfolio’s risk and volatility.  Consult an expert advisor to get the right plan TALK TO AN EXPERT

Do you plan on buying a laptop? Do you also wish to save for your child’s education? These are two different financial goals, and both require good planning and execution. This blog will discuss “How to Budget for Short-Term and Long-Term Goals”.  It is better to be aware of your financial situation and the different expenses that you incur to plan accordingly.   Budgeting helps to identify financial spending and understand how to allocate the leftover money to various needs for a better future. It encourages people to stay organized and appreciate the value of accounting. Steps needed to budget for short-term and long-term goals Step 1: Prepare for life’s contingencies Life is unpredictable, and it is necessary to be prepared for any events that might set you back, like recession, job loss, illness, or even death. Prepare for some of the contingencies with the help of insurance plans, for example, health insurance or Mediclaim plans are suited for illness and hospital bills, and life insurance plans like term insurance for financial assistance in case of death.  For a recession or job loss, you need to create an emergency fund where you put aside some money regularly. Automate these payments so that they can continue without any hassles.  Step 2: Define the financial goals Identify both short-term and long-term financial goals so that it becomes easy to segregate them and make budgeting plans accordingly. Short-term goals can be credit card payments, emergency funds, or personal expenses, whereas long-term financial goals often include retirement funds, a child’s education fees, and paying off the mortgage.  Define the financial goals and be specific with the goal, be it about buying a new house in 5 years or your child’s education down the line, or a retirement fund? Step 3: Prioritise the financial goals Once you have defined and sorted out the financial goals, it becomes imperative to prioritize them. Consider the time you have in hand to meet them and how vital these goals are for yourself and your family’s future.  Step 4: Consider the timeline  By this time, you have identified and segregated the financial goals and have a few specific goals in mind. Think about the time in hand for instance, for the child's education goal, you need nearly 10 - 15 years, but for buying a house, you need 5 years. Step 5: Consider the money  The next question to consider is the money you will need to fulfill the financial goal, for instance, the estimated price of the house you want to buy (nearly INR 80 Lakhs) or the amount you want to save for the education corpus (nearly INR 60 Lakhs).  Step 6: Review all your expenses Record all the spending for at least a month to know how much and where you have been spending. Review these expenses and identify which ones are necessary, which ones can be reduced and how much money you have left after meeting them.  Step 7: Set a savings target The money must work for you and provide maximum advantage hence look for ways to save it. There are numerous short-term and long-term investment plans available in the market, like SIP, liquid funds, debt funds or PPF, etc.  Take the help of a financial advisor at Edufund to know more about short-term and long-term investment options. Look at your total savings and make sure it accounts for everything from the contingency fund to the long-term and short-term financial goals. The ideal ratio for spending and saving should be 50:50, but you can mold it as per your requirements up to 60:40. Any more spending will create worries hence try to maintain a balance. Step 8: Divide the savings for important goals Divide your savings for all the important goals. Prioritize necessary long-term goals like education corpus for the child, retirement plan, and necessary short-term goals like purchasing a home. Now put the focus on comparatively less important goals like marriage, family vacation, home renovation, etc., and lastly, consider the short-term lifestyle goals.  Tips to make budgeting a success The premium of health insurance and life insurance policies must be on time. Automate the process from your salary account to avoid any discrepancies. Always keep the contingency fund aligned with current income and expenses. Club similar lifestyle purchases and expenses to get better value. Take the help of a credit card to pay for your expenses but pay back the amount within the stipulated time to avoid any charges.  Conclusion It takes both planning and budgeting to stretch your money to the last unit and meet your financial dreams effectively. Once individuals are aware of how to budget for short-term and long-term goals, then it becomes easy to manage their expenses and put focus on spending that will have more value. Consult an expert advisor to get the right plan TALK TO AN EXPERT

Planning to align your short-term and long-term plans and want to know the best way to do so? Well, this blog will answer your queries and explain how to go about it systematically. Individuals often have a list of financial goals that will secure their financial future. Both, short-term and long-term goals are equally important and serve different purposes in real life. In most cases, you cannot achieve one without the other. Hence, it becomes feasible to align them as short-term goals depend, to a great extent, on long-term strategy. What are short-term goals? Short-term goals are the goals that have to be met in the immediate future and cannot be avoided. For instance, you might be interested in creating and managing an emergency fund or have to make regular payments towards an insurance scheme that you have taken out or simply your credit card payments. Short-term goals are actionable steps that improve productivity and help to remain focused.   What are long-term Goals? The long-term goals are the financial goals for the future or down the line in the next 10 or 15+ years. These often include a child’s education corpus, retirement fund or mortgage payments, as these will be needed after several years and not just now. Long-term goals give direction and help to develop plans and steps that will take an individual towards his dream.  Steps for aligning short-term and long-term plans 1. Look into the financial goals Look at your financial goals and divide them into two different categories short-term and long-term. Be aware of your goals to know where you have to spend your money. Are you creating an emergency fund or paying rent, or making home improvements? These are short-term financial goals, but if you want to maintain a retirement fund or an education fund for your child, then these will be treated as long-term goals.  2. Prioritize your goals Identifying the various goals is the easy part but prioritizing them is a very different scenario. Every goal looks important at the onset hence you need to sit down and think carefully about the ones with the maximum impact.  3. Be realistic People need to be realistic about their expectations because you need to have the means to fulfil your wishes. Look at the amount left after meeting your expenses and decide how to manage it constructively. You can take the help of the 50/30/20 equation or adjust it according to your personal needs. Realistic and clear goals will enable the alignment process and lead to success.  4. Set long-term goals before the short-term tactics There is a misconception that you have to set up short-term goals first because they are related to the present and need to be addressed first. The truth is that aligning both sets of goals requires you to set clear and defined goals for the future at first. When you know the direction, you need to take it becomes easier to break the long-term goals into specific and measurable short-term tactics, follow a definite timeframe and uphold the long-term vision.  5. Break the long-term goals into shorter goals Aligning and solidifying the short-term and long-term plans will have a positive impact on future objectives, and one of the best ways is by breaking the long-term goals into small defined goals that can be achieved within a specific and small timeframe. Make sure the long-term goals are identifiable and concrete because vague goals will make the alignment process difficult. 6. Specific goals When the goals are specific, it becomes easy to create and follow a definite plan of alignment. For example, if a person has INR 4000 left for savings and investment and he has to pay INR 1000 every month towards his retirement plan, then his path is clear. It becomes vital to keep up with your rising income. If at the start of your professional career, you were saving and investing only a small amount because of a small salary, then you should increase your savings as your salary increases.  7. Take the help of financial experts Sometimes it is better to opt for expert advice and work accordingly. Financial counsellors at Edufund can create a financial plan that will align your short-term and long-term goals perfectly. This will make the journey comparatively easy.  Conclusion  It is important for short-term planning to align with long-term goals and not the other way around. When an individual has a specific long-term plan which is concrete and identifiable, then it becomes easy to mould the short-term tactics and uphold the longer visions. Consult an expert advisor to get the right plan TALK TO AN EXPERT