Axis Mutual Fund has signed MoU with NISM to promote financial literacy in the country.
In fact, NISM has designed a curriculum titled ‘Financial Literacy Certification Program & Mutual Fund Investor Awareness Program’ to target high-school students studying in Class Vlll, lX & X to promote the habit of savings, budgeting, financial planning and investing.
Under this initiative, NISM will conduct program in schools across the country with a special focus on district adopted for financial literacy by Axis Mutual Fund under the District Adoption Program (DAP) of AMFI covering districts like Varanasi, Alleppey, Darjeeling, Hissar and Sambalpur covering 150 schools and 25000 students within a year.
In a press release, Karan Datta, Chief Business Officer, Axis Mutual Fund said,” This initiative with NISM will ensure that students gain their basic understanding and importance of money through savings and investments. Imparting financial knowledge to such audience will surely enhance the literacy to these institutions and pave way for wealth creation”.
Prof. K.Sukumaran, Dean, NISM said, “This initiative will take literacy to school level, thus enlightening the younger generation with basic concepts of prudent money management. The pilot project is being launched in Varanasi and I wish the novel mission all the best.”
