The document discusses millennials as an important demographic for financial planning in India. It notes that millennials currently make up around 44 crore people in India and their rising aspirations are increasing spending. It then discusses the importance of financial goal-setting and savings for both short-term and long-term goals like marriage, children's education, property purchase, etc. It suggests that mutual funds can help achieve financial goals through disciplined investing with minimum sacrifice and maximum compounding potential over time. The document provides an overview of mutual funds and the benefits of systematic investment plans for building wealth over the long run.

1. From Millennials
to Millionaires
Start your investment journey today
March 2023

2. Source: World Bank. *Millennials – Any person between 26 and 41 years of age as of 2022. For the chart, Millennials between 25 and 44 years of age have been considered
How many of us – “Millennials” are there?
02
A rising proportion of millennials – ~44 crores (2022) in India signals to a deepening need for a holistic financial planning!
25.6%
30.7%
31.1%
29.0%
27.8%
24%
25%
26%
27%
28%
29%
30%
31%
32%
1960 1970 1980 1990 2000 2020 2022E 2030E
Rising Proportion of Indian Millennial Population as
against the World*
Indian Millennial Population World Millennial Population
1.43 billion
0.25
0.45
0.65
0.85
1.05
1.25
1.45
1.65
1.85
1950
1956
1962
1968
1974
1980
1986
1992
1998
2004
2010
2016
2022
2028
2034
2040
2046
2052
2058
2064
2070
2076
2082
2088
2094
2100
Population
(in
billion)
India's Population projected to exceed China soon!
China India China Forecast India Forecast

3. *This list is not a comprehensive list as a millennial could have multiple goals and aspirations.
Needs, Wants and what not…
03
As aspirations
of millennials
drive up
spending,
financial
goal-posting
will become
paramount!
Long Term
Some of
the Goals /
Aspirations*
Short to
Medium Term
Buying a new car
Buying a new phone
Saving for travel
Building an
emergency corpus
Saving for your
marriage
Saving for your child
Buying a flat
Buying a new car

4. Hum Ek Baar Jeete Hai, Ek Baar Marte Hai, Aur…
04
Living beyond means could cause us to fall in a vicious borrow-and-spend cycle Cutting back
any discretionary expense to become financially free!
YOLO*
*You Only Live Once
Ideal way of
achieving both:
Balancing both without
having the need to bear
undue financial stress
Living for today
(Easy Avenues for availing Debt)
Why not also prepare
for tomorrow?
(Doing Investments)

5. So, how to tread on the path to
Financial Freedom?
05

6. What is the Ideal Scenario?
06
You would ideally want your income to be enough to meet your expenses!
Expenses
Savings
Income
- =

7. But what happens in reality?
07
Expenses
Expenses
Expenses
Time
+
TAX
Inflation erodes the value of money!
Taxes reduce
savings, making
tax planning
important

8. Re-capping the last 2 years…
08
“There are decades where nothing happens; and there are weeks where decades happen!” – Lenin
COVID-19
Geopolitical
Tensions
Inflation
Rising
Commodity
Prices
Rising
Interest
Rates
What have
we seen?
Aren’t these
reasons
compelling
enough to be
mindful about
saving?

9. Multiple Avenues for Investing
09
Which one to choose?
Avenues to Invest
Bonds Stocks Commodities
like Gold,
Silver
Traditional
Savings
Products
(Fixed Deposit, Public
Provident Fund, Post
Office Savings)
Real Estate

10. Trading in Equity Markets – Popular, but worthwhile?
10
Another
investor buys
that stock
You sell a
stock
Another investor
buys the same stock
with the opinion that
its price would rise
You sell a stock with
the opinion that the
stock is fully priced
Each time when a stock is traded, one
side is right and other side is wrong!
If there is no
sound rationale
behind an
investment, would
it be realistic to
believe that you
will be right more
often than not?

11. Talking about one
Avenue for Investing –
Mutual Funds
11

12. Mutual Funds – The Viable Option?
12
Liquidity
Returns
Risk
Tax Efficiency
Time
5 Dimensions of Investing
Mutual Funds The simple solution
that helps in managing the
5 dimensions effectively

13. Follow the Mantra of 3Ms*
13
*3Ms: Acronym for Minimum sacrifice, Maximum discipline and More compounding potential
With Mutual Funds, we can follow the Mantra of 3Ms, and grow with our dreams!
Periodic auto-investments
instill maximum discipline
Start your investment
journey with an amount as
low as INR 100
Consistent investments +
higher discipline = Help your
investments to compound
over time
Minimum Sacrifice Maximum Discipline More Compounding
Potential

14. Systematic Investment Plan
14
*Source: TATA Mumbai Marathon (https://tatamumbaimarathon.procam.in/race-categories/marathon/information/)
Sections where you
might run at a speed
consistent with the
average
When you run a marathon…
Small, but periodic
investments over a
period of time
Sections where you
might run at a speed
significantly higher
than the average
Purchasing additional
units of a mutual fund in
case equity markets fall
(Rupee Cost Averaging)
Target Time to
complete Marathon
Average Speed
required
5 hours 8.4 km/hr
4 hours 10.5 km/hr
3 hours 14.1 km/hr
Marathon – 42.195 km*
Do you run at the average speed for the full marathon?

15. Combination of 7 Notes evoking Different Emotions!
15
Asset Allocation – Key to a relatively less stressful Investment Journey!
Allocating to different asset classes reduces the risk borne by an
investors, making an investor’s investment journey less stressful
Just like different combinations of 7 notes in music make
listening to music such a stress-free experience…
Interestingly, every song is
created using a combination
of all the 7 notes!
A composer makes listening to
music stress-free by judiciously
combining these notes
In Hindustani Classical Music, an octave – also known as
Saptak comprises of the following 7 notes:
Sa
Re
Ga
Ma
Pa
Dha
Ni

16. 16
Your Investments just need your Time!
This chart is for illustrative purposes HDFC AMC/ HDFC Mutual Fund/ Sponsors and their affiliates are not liable for any financial decisions arising out of the use of this illustration and also they do not take the
responsibility, liability, for any error/omission or inaccuracy or for any losses suffered nor undertaken the authenticity of the figures calculated on the basis of this illustration. The user before acting on any
information herein should make his/her/their own investigation and see appropriate professional advice and shall alone be fully responsible/liable for any decision taken on the basis of information contained
herein *SIP: Systematic Investment Plan , ^CAGR: Compounded Annualized Growth Rate, CAGR assumed to be 12% p.a.
Monthly SIP*(in INR) 5,000 5,000 5,000 5,000
Time Period of Investment (in years) 3 5 10 20
CAGR^(%) 12% 12% 12% 12%
Value of Investment (in INR lakh) 2.15 4.08 11.50 49.46
Just staying patient would help in wealth creation!
Staying invested for, say, the first
3 years always tougher than the next
3 years, and so on and so forth! So?

17. How to start investing right away?
17
*Source: AMFI India, Download form from http://portal.amfiindia.com/spages/CKYC-KRA-KYC-FormforIndividuals.pdf
Documents Required
Correctly filled and signed cKYC form
A self-attested copy of Proof of Identity
A self-attested copy of Proof of Residence
One photograph
Where to go?
Approaching branches of regulated financial
institutions like Mutual Funds with the
documents and form*
Go for Digital KYC if option available
First Time Investors like
us cKYC (Central
Know Your Customer)
cKYC Number
generated linked to
the ID Proof
KYC establishes
transactional relationship
between mutual fund
and investor
Dive into the world of
Mutual Funds!

18. 18
Documentary Requirements and Procedures
This is a compilation of key aspects relating to the procedures/documentary requirement(s) with respect to the following:
Know Your Customer
To invest in the schemes of Mutual Fund (MF), an investor needs to be compliant with the KYC (Know Your Customer) norms and the procedure is Fill
the Common KYC (CKYC) application form by referring to the instructions printed overleaf.
Enclose self-certified copies of both proof of identity and address. For Proof of Identity, submit any one document - PAN/ passport / voter ID/ driving
license/ Aadhaar / NREGA job card/ any other document notified by central government. Proof of address, submit any one document which is same
as the proof of identity, except for PAN (since this document does not specify the address). If your permanent address is different from the
correspondence address, then you need to submit proof for both the addresses. Documents Attestation - By any one from the authorized officials as
mentioned under instructions printed on the CKYC application form. PAN Exempt Investor Category (PEKRN) - Refers to investments (including SIPs) in
MF schemes up to INR 50,000/- per investor per year per Mutual Fund. This set of investors need to submit alternate proof of identity in lieu of PAN. In
Person Verification (IPV) - This is a mandatory requirement and can be done by the list of officials mentioned in the instructions printed overleaf on the
CKYC application form. Please submit the completed CKYC application form along with supporting documents at any of the point of acceptance like
offices of the Mutual Fund/ Registrar, etc.
Modification to existing details like address/ contact details/ name etc. in KYC records – For any modifications to be done to the existing KYC details,
the process remains same as mentioned above, except that only the details to be changed needs to be mentioned on the form along with PAN / PEKRN
and submitted with the relevant proofs.
Modification to your existing details like contact details/ name/ tax status/ bank details/nomination/ FATCA etc in Fund House records - Please visit the
website of the respective Fund House to understand the procedure to update the details (if published) OR reach out to the customer service team of
the respective Fund House.
Disclaimer

19. 19
Disclaimer
Unclaimed or returned undelivered dividend/ redemption - If there are unclaimed dividend / redemption pertaining to your investments (can be
ascertained by referring to the MF account statement OR by visiting the website of the respective Fund House), please reach out to the customer
service team of the respective Fund House.
Consolidated account statement issued on monthly/ half-yearly basis/ account statement issued by the Fund House etc - We urge you to regularly
check these statements to ascertain that all details updated are correct.
Updation of PAN: As per the directives issued by SEBI from time to time, it is mandatory for all investors to update the Permanent Account Number (PAN)
(unless exempt from furnishing PAN) in their mutual fund. All joint holders are required to update their PAN in their folio. In case of folios of minors, where
the minor does not possess a PAN, it is mandatory to update the PAN of the father, mother or court appointed legal guardian of the minor.
As a part of Go Green initiative of SEBI, investors are requested to keep the latest email id and mobile no. updated with the respective fund house.
Dealing with registered Mutual Funds
Investors are urged to deal with registered Mutual Funds only, details of which can be verified on the SEBI website (www.sebi.gov.in) under
Intermediaries/ Market Infrastructure Institutions.
Redressal of Complaints
If you have any queries, grievances or complaints pertaining to your investments, you may approach the respective Fund House through various
avenues published on their website. If you are not satisfied with the responses provided by the Fund House, you may then register your complaint on
SCORES (Sebi COmplaints REdress System) portal provided by SEBI for which the link is > https://scores.gov.in

20. Disclaimer
20
The Information contained in this presentation/audio visual is not a complete representation of every material fact and is for informational purposes
only. The same is for information purposes only and does not constitute advice or offer to sell/purchase any securities and/or units of Scheme(s) of
HDFC Mutual Fund. The information and content provided in this presentation/audio visual needs to be read from an investment awareness and
education perspective only. The statements contained herein are based on our current views and involve known/unknown risks and uncertainties that
could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Regulatory/ taxation details
mentioned if any, in the presentation are provided on a best effort basis and are as per the existing laws and subject to change from time to time.
The charts and/or any graphical representation is for illustrative purposes only with the sole objective to explain the concept and should neither
be used for the development or implementation of an investment strategy nor construed as investment advice to any party.
The content of this presentation/audio visual is intended solely for the use of the addressee. If you are not the addressee or the person responsible for
delivering it to the addressee, any disclosure, copying, distribution or any action taken or omitted to be taken in reliance on it is prohibited and may be
unlawful. The recipient is advised to consult his/her advisor/ tax consultant prior to arriving at any investment decision.
For KYC, change of address, investor complaints redressal, etc. visit - https://www.hdfcfund.com/information/key-know-how
To know more, contact your Mutual Fund Distributor / Registered Investment Adviser or give a missed call on 7358712345
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An Investor Education Initiative by HDFC MUTUAL FUND

21. Thank You!