Innovative ways of giving back to society

Some of the products or platforms may not be flexible; thus, due-diligence is a must

Innovations in financial products and technology have not only made donating for a cause easier but also ensures that your funds are utilised diligently. While these new products and platforms offer a wide array of options to suit your way of giving, they can at times be inflexible and in some cases require some due-diligence.
 
HDFC Mutual Fund, for example, has launched a cancer cure scheme. A three-year close-ended fund, it lets you donate the gains to Indian Cancer Society (ICS), a non-governmental organisation (NGO) supported by some of the biggest corporates in the country including the Tatas and