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Principal MF unveils personal fin initiative
Principal MF unveils personal fin initiative. Principal Mutual Funds and Money Wizards announced second edition of YMO Youth Money Olympiad (YMO), which is expected to be much bigger one than the first one.
Hyderabad: Principal Mutual Funds and Money Wizards announced second edition of YMO Youth Money Olympiad (YMO), which is expected to be much bigger one than the first one. Aimed at educating people in personal finance, the initiative is estimated to attract 15,000 participant and over 150 colleges across various centres.
Recently, both the companies honoured the winners of the first edition of YMO in Mumbai. The first edition was rolled out country wide in July last year. Through the initiative, YMO reached out to more than 7,700 students across 75 colleges from 41 cities in India with an aim to help students evaluate their personal finance awareness versus their peers.
“YMO is India’s largest personal finance education initiative for college students. Our aim was to inculcate financial literacy amongst the youth which will help them take informed financial decisions once they start earning,” said Lalit Vij, Managing Director, Principal PNB Asset Management.
