Duit Right this Raya
Whilst we’re all gearing up to celebrate Hari Raya Adilfitri, ever wondered where the tradition of green packets started?
It is unclear when green packets became the norm for giving duit raya, but it is believed to have become popular in Malaysia in the 1980s or 1990s. The early green packets were simple and plain, usually made of plain paper or tissue. They were filled with a small amount of money and given out as a token of appreciation or gratitude. Over time, as the community became more affluent, the green packets evolved to become more ornate and elaborate, reflecting the growing desire to make the giving of green packets a more special and memorable experience.
Despite the changing materials and designs of green packets, the tradition of giving remains an important part of the celebration. It is a gesture of goodwill, generosity, and blessings, and is a way to express gratitude and appreciation for the people around you.
In keeping up to the trend in the digital space, you would have noticed that electronic green packets or e-duit raya is becoming increasingly popular. These can be sent via messaging apps or financial institutions' mobile apps and can be personalized with digital designs or even augmented reality features. This has become especially popular during the COVID-19 pandemic, as many people have been unable to gather in person for Hari Raya celebrations.
Despite these changes, the practice of giving Hari Raya Green Packets remains an important part of the Aidilfitri celebration, and it is likely to continue to evolve over time as technology and society continue to change.
What do we do with all the Duit Raya received?
I’m sure that there are a million things you can think of to do with your Duit Raya: save it for a rainy day, pay off some bills, buy that dress/shoes/digital gadget that you’ve always wanted or even donate.
While it may be tempting to spend on material possessions or fleeting pleasures, here is an unconventional idea of using your Duit Raya: Buy unit trusts.
Unit trust investments can potentially give you better returns than the interests you receive from a savings or fixed deposit account*. And you don’t have to put ALL of your Duit Raya in investments. You can invest regularly in a unit trust fund for as low as RM100 per month for the potential long-term growth of your investments and still have some left over for the things that you want. That’s a win-win.
Not sure which unit trust fund is right for you? There are a wide range of unit trust funds out there to suit your investment or financial needs and your risk appetite. Look for a unit trust consultant. You can ask for one by submitting the form below. They can help you check your risk appetite and recommend a suitable fund for you.
So, “Duit” right this Raya, go look for a unit trust consultant to start your investing journey.
* Higher returns are subject to higher risks.
Leave your details below and we'll have an Eastspring Unit Trust Consultant get in touch with you
Through our unit trust consultants (UTC)
- Get personalised consultation and assisted application for our funds
This advertisement is prepared for information only and may not be published, circulated, reproduced or distributed in whole or part, whether directly or indirectly, to any other person without the prior written consent of Eastspring Investments Berhad ("Manager").
Investors are advised to read and understand the contents of the respective fund’s prospectus and product highlights sheet (collectively, “offer documents”) before investing. The offer documents are available at offices of Eastspring Investments Berhad or its authorised distributors and investors have the right to request for a copy of the offer documents.
This advertisement has not been reviewed by the Securities Commission Malaysia ("SC"). The respective fund’s prospectus has been registered with the SC who takes no responsibility for its contents. The registration of the fund prospectus with the SC does not amount to nor indicate that the SC has recommended or endorsed the product. Past performance of the Manager/fund is not an indication of the Manager’s/fund’s future performance.
Investors are advised to consider the risks as elaborated in the respective fund’s prospectus, as well as the fees, charges and expenses involved before investing. Investors may also wish to seek advice from a professional adviser before making a commitment to invest in units of any of our funds.
Eastspring Investments ("Eastspring") is an ultimately wholly owned subsidiary of Prudential plc. Prudential plc, is incorporated and registered in England and Wales. Registered office: 1 Angel Court, London EC2R 7AG. Registered number 1397169. Prudential plc is a holding company, some of whose subsidiaries are authorized and regulated, as applicable, by the Hong Kong Insurance Authority and other regulatory authorities. Prudential plc is not affiliated in any manner with Prudential Financial, Inc., a company whose principal place of business is in the United States of America or with the Prudential Assurance Company Limited, a subsidiary of M&G plc. A company incorporated in the United Kingdom.
