L&T Mutual Fund in collaboration with KidZania, an award winning Global theme park, has embarked upon another unique learning experience for kids on the theme of financial literacy, savings and investments. On the occasion of Children's day we launched a one of its kind financial literacy corner in the KidZania premises. With an impetus on investments, kids gain knowledge on the concepts of 'earn, save, invest and spend' through fun games and interactions. This is the first time ever that any financial institution has built an establishment in KidZania to engage kids into fun learning about finance and markets. KidZania, in its Mumbai's unit, has establishments that are quintessential to Mumbai like the Dabbawala, etc. One of the things synonymous with Mumbai is the Stock Exchange and therefore we have kept the theme around the Stock Exchange. While the theme is stock exchange, there is more to it than just stocks.
This establishment is the very first across any of the 24 KidZania parks worldwide. KidZania is committed to provide children exposure across new professions and empower them about financial literacy. Through this activity, kids will get to learn about money savings and investment avenues.
KidZania Mumbai is built like a city spread across 75,000 sq. ft. where children can independently explore and choose to role-play from 100+ exciting careers like pilot, surgeon, RJ, chef, fire-fighter among many more. KidZania emulates the workings of a city complete with a functioning economy and its own currency. Each experience is designed to empower kids, giving them the confidence to be their best selves, and inspiration to be great global citizens.
At this establishment, kids get to choose from being an Investor or a Fund manager. As an Investor, kids create portfolio and invest in various asset classes. A Fund Manager, on the other hand, gets to manage the portfolio on behalf of the investor. The young investors can earn kidZos (KidZania's currency) for saving and/or investing with the expectation of a future return, while the Fund managers get paid for their professional services in kidZos. The kids also learn to develop good social skills while managing their customers and bonding with them.
Practical learning like this will provide young children with insights and more investment options in their transition into the world of finance when they grow up. The objective of this collaboration is to introduce children to the value & importance of saving and investing and how investments play a major role in their life.
This partnership is a very unique initiative aimed at educating the future generation of India about saving and starting off early to invest. It is a platform for L&T Mutual Fund in contributing to shape the minds of the children on the theme of Savings. This establishment demystifies and simplifies financial concepts for the kids and makes financial learning and exciting journey for the kids.
Kidzania Stock Exchange: now in Delhi Kidzania too!
