Let's get the latest happenings and insightful articles. In this corner we can catch up ourselves about some interesting topics and events from the investment world, especially from mutual fund industry.
HDFC Asset Management Co. Ltd., the investment manager to HDFC Mutual Fund (HDFC MF), has introduced Tap2Invest, a WhatsApp-based mutual fund investment facility. This initiative simplifies the investment process, enabling existing KYC-verified investors to seamlessly invest in HDFC Mutual Fund schemes via a tap-based interface within WhatsApp.
Check the full article regarding the feature here : Tap2Invest
Financial Literacy
Financial literacy is the ability to understand and effectively use various financial skills, including personal financial management, budgeting, and investing.
When you are financially literate, you have the essential foundation for a smart relationship with money. This can help start a lifelong journey of learning about the financial aspects of your life. The earlier you start to become financially literate, the better off you'll be because education is the key to a successful financial future.
One way to inculcate financial literacy is to provide financial education and develop habits from the early age, one such opportunity is offered by "National Finance Olympiad". The National Finance Olympiad (NFO) offers students a unique opportunity to acquire practical financial knowledge and develop healthy money habits while competing with peers nationwide. Enrol for the Olympiad here: Register
Message from the partner AMC Edelweiss MF head regarding healthy eating:
Radhika Gupta, CEO of Edelweiss Mutual Funds, weighed in on India's rising obesity crisis with a simple yet impactful restaurant-based idea aimed at tackling both overeating and food wastage- while potentially increasing restaurant profits.
Applauding the growing focus on obesity, Ms Gupta described the conversation as "critical." In a social media post, she wrote, "I'm glad we're talking openly about obesity-it's an important issue." Her recommendation to eateries: offer half-plate portions across all menu items.
"Many of us eat small portions but end up finishing everything on the plate because, culturally, we don't like wasting food. When dining alone, sharing isn't always possible. Restaurants could price half-plates just above 50% of the full portion if that helps with margins. This would give diners a way to eat less- without wasting food or money," she suggested.