#mutual fund sip investment advisor in mumbai

[moneycareplanner]

MoneyCare Financial Planning, as a mutual funds expert in Mumbai, offers specialized advice and strategic planning. They guide you through investment options in mutual funds like equity funds, debt funds, hybrid funds, etc; and help you build a diversified portfolio to meet your financial goals. For more information, visit https://moneycareplanner8.wordpress.com/2024/07/16/how-does-mutual-funds-sip-generate-better-returns-over-time/

[chamunda-investment20]

What Sets Apart the Best Mutual Fund Company in Mumbai?

To experience innovative investment strategies and a client-centric approach, reach out to Chamunda Invest. It is recognized as the best mutual fund company in Mumbai. They prioritize transparency and performance to deliver superior investment outcomes for their investors. For more information, visit https://www.chamundainvest.com/best-mutual-fund-advisor-in-mumbai.php

[nawaztehreem]

Mutual Funds in India: Trends, Growth, and Investment Opportunities

Over the years, the mutual fund sector in India has grown and changed remarkably, mirroring the shifting dynamics of the nation's financial environment. The Unit Trust of India (UTI) was founded in 1963, and when economic reforms were implemented in the early 1990s, the mutual fund industry grew. In recent years, the industry has expanded its product options to accommodate a broad range of investor preferences. These include equity, debt, hybrid, and theme funds. This article will analyse the rise of mutual funds India, along with trends and opportunities.

What is a Mutual Fund?

Mutual funds are financial products that act as vehicles for group investments. It combines the funds of several participants to produce a diverse portfolio of securities, such as stocks and bonds. These investment pools are overseen by qualified fund managers who make calculated choices to optimise investor returns. Mutual funds are unique in that they make investing more accessible to all. They reduce individual risk by making professionally managed and diversified portfolios accessible to even small investors.

Financial products known as mutual funds function as group investment vehicles. To produce a diverse portfolio of stocks, bonds, or other securities, it aggregates the funds of multiple investors. Professional fund managers oversee these investment pools, making calculated choices to optimise investor returns. The potential of mutual funds to democratise investment opportunities is what makes them unique. They reduce personal risk by giving even modest investors access to professionally managed and diversified portfolios.

Recent Trends in the Mutual Fund  Investment

The various trends in mutual fund investment are as follows:

1. The Start Of Digitalisation Has Made Investing In Mutual Funds Easier

Investors may now invest, follow, and analyse their investments with ease thanks to the industry's notable development in digitalisation. Numerous fintech platforms have developed apps in recent years that let you invest in a variety of funds and keep real-time track of them.

2. A Rise in the  Number of SIPs

SIPs, or systematic investment plans, have become the preferred method of investing in mutual funds.

3. An Increase in Smaller Cities' Investments

The rise in mutual fund investments from smaller locations is another intriguing pattern that has emerged. Established cities like Mumbai, Chennai, and Kolkata are facing fierce competition from rapidly expanding investors from cities like Pune, Kota, Durgapur, Alwar, etc.

Opportunities for the Mutual Fund

The industry can take advantage of the following attractive opportunities:

1. Growing Interest from Millennials and Young People 

The industry has a great chance to market wealth-building goods to young people through instructional content, robo-advisors, and apps. The mutual fund business has a great opportunity to establish itself since youthful investors are long-term investors.

2. Greater Awareness and Education

As digital literacy increases, more Indians have access to investing education materials. Learning about mutual funds has been made simpler by websites that provide financial information, social media, and YouTube.

3. Fintech and Technology Integration

The use of technology in investing is revolutionary. Investors may easily follow their investments and manage their portfolios in real-time with the use of tools like data analytics, robo-advisors, and smartphone apps.

Conclusion

Since its founding in 1963, the mutual fund sector in India has advanced significantly. By several measures, the mutual fund industry's growth pace in India is very apparent. It covers the number of fund houses, the range of schemes, the amount of funds raised, and the assets that are being managed. The business, which was first dominated by UTI mutual funds, has since expanded to include the public, private, and foreign fund houses sectors. For safe mutual fund investment check out reliable platforms like Tata Capital Moneyfy.

[zfundsofficial]

Everything you need to know about Mutual fund agent

Have you ever thought of any flexible and easy-to-do profession where you just need to spend some time and earn a lot of money? A profession that would assist you in growing positively.

A mutual fund agent assists you in the buying and selling of mutual funds by investors, and in return, he or she is awarded some amount of money, which can be said to be or is mentioned as a commission. Mutual fund agents keep track of the finance industry and the mutual fund market. These mutual fund agents are responsible for monitoring important developments in the market and keeping a check on the market and the industry so that they can assist their investors and clients regarding investments.

Reasons to become a Mutual Fund Agent

Flexible working hours: Mutual fund agents do not need definite working hours. They can work as per their need or choice.

Possibility of a large income: Your earnings are directly proportional to your networking and client acquisition skills.

Continuous learning: The market is dynamic, so the agents need to continuously learn and explore the new developments in this field. This will help the agent to constantly learn and adapt to market trends.

Assist others to grow: Agents will help other investors or individuals achieve their financial goals and secure their future.

Eligibility Criteria for Mutual Fund Agent

Anyone who is at least 18 years of age or older can be a mutual fund advisor.

Individuals who have passed 10+2 exams from any board or university

Individuals must also pass the NISM VA certification exam.

Required Skill Set for mutual fund agent

Personal Finance Planning: Knowing the fundamentals of personal finance is crucial for mutual fund agents. By having this expertise, you’ll be better equipped to comprehend your customers’ financial objectives and match them with appropriate mutual fund strategies.

Knowledge of Mutual Funds: You must have in-depth knowledge of the different mutual fund schemes, market trends, and financial planning.

Conversational ability: Can you clearly and concisely explain difficult financial concepts? That is a crucial ability for a mutual fund representative.

Sales and Marketing Skills: These skills will help you with networking and client retention.

Analytical Skills: To recommend the best investment solutions, you must evaluate client needs and market trends.

Mutual Fund Agent Commission

Every time the intermediary person generates revenue for the business, the commission is the sum that is paid to them. Investors may be compelled to pay fees, often known as sales loads, when buying or selling shares in mutual funds. Brokers and financial experts who assist in the buying or selling process typically get these commissions. But it’s important to keep in mind that, depending on the specific mutual fund and the arrangement between the client and the financial advisor, mutual fund commissions may vary.

There are two parts to the Mutual Fund Agent Commission

Upfront Commission

Unlike trail commissions, upfront commissions do not affect the AUM as a whole. However, mutual fund companies pay extra commissions (upfront) to agents who convince clients to make daily SIP investments in a range of mutual fund schemes.

Mutual fund trail commission

According to the Association of Mutual Funds in India (AMFI), the primary purpose of the trail commission is to compensate its distributors for bringing in clients from beyond the top 30 cities.

Deals are made by the trial commission in the cities T-30 and B-30 categories.

T-30 cities: The top 30 cities in India that are connected to the mutual fund industry are all included in the T-30 cities category. Popular cities in this category include Mumbai, Kolkata, Bengaluru, Pune, Chennai, etc.

B-30 cities: The B-30 cities category is made up of all the cities that do not rank among the top 30. Investors are typically scarce in these B-30 cities. Therefore, to have a diverse clientele, mutual fund distributors typically seek out customers from these cities.

The distributor commission reflects this demand; the top 30 get a predetermined or predefined commission free of extras. But with each commission and investment, B-30 distributors receive further incentives.

An important link between investments and investors is the mutual fund agent. They are the main link in the investment chain. Based on their internal regulations and the incentive system they devised to ensure the AMC’s greatest reach and the value offered to investors, each AMC has a unique fee structure for mutual fund agents.

Before engaging in any form of investment, be sure you have read every piece of paperwork. You are secure if your investments are secure.

Conclusion:

Becoming a mutual fund agent offers flexibility, earning potential, and opportunities for continuous learning. Agents earn commissions through upfront and trail commissions based on their client relationships and market expertise. A strong understanding of mutual funds, personal finance, and communication skills are key to success in this role. By helping clients achieve their financial goals, mutual fund agents contribute to both their growth and their clients’ future security. Always ensure transparency and review all legal documentation to create a secure investment experience.

[hmatrading]

The most profitable traders in India use Zerodha to trade equity, commodities, futures, and options.

Top 7 Trading Apps in India 2023

Zerodha

Upstox

Groww App

Angel Broking

Edelweiss Broking

ICICI Direct

IIFL Markets

1. Zerodha

Zerodha was the pioneering discount broker to emerge in India and is now the most favored mobile trading platform. Its user-friendly stock market device provides great graphs along with rapid transactions, while keeping only the most crucial and pertinent data visible. Thanks to its reliable features, you can filter out unnecessary stocks and potentially trim your investment choices.

Performance analysis and decision making are easier with charts and analytics that are rich in data. Aside from offering substantial savings, Zerodha is the most effective app for trading shares in India because it has a tech-first approach. In general, Zerodha does not charge customers brokerage fees. Customers are thrilled to learn they won't have to pay brokerage fees for holding assets longer than one day.

2. Upstox

Originally known as RKSV securities, Upstox is a discount broker in India that offers price alerts, charting, and analytics. Upstox is now the most successful discount broker in India. Its headquarters are located near Mumbai, and Upstox is a well-known intraday trading application.

Mr. Ratan Tata is a notable investor who has supported Upstox. You can observe your investments' performance with price notifications or through valuable news updates. The platform offers a user-friendly interface and several options to trade, such as stocks, mutual funds and digital gold, all presented in convenient charts.

3. Groww App

With Groww, you can establish a trading account without paying anything. Groww is a rapidly expanding brand that offers a wide range of business opportunities in India.

Groww allows users to trade stocks, gold, fixed deposits, and other financial products, as well as engage in traditional stock market trading. Because there are no commission fees associated with using this service, this app, considered among the finest investing apps in India, is considered the best trading app in India.

The commission also invests in direct mutual funds, which don't involve commissions to financial advisors or agents. Thus, you can save money by investing directly in mutual funds or by joining a SIP (Systematic Investment Plan). Furthermore, the Groww app provides clarity and convenience when tracking your invested money in mutual funds. Moreover, with the right AMC (Asset Management Company), it's possible to redeem your collected mutual funds into your bank account at a moment's notice.

4. Angel Broking

Angel Broking offers no brokerage fees, and its ready-made portfolios make it easy for new investors to get started. As one of the top trading apps available in India, Angel Broking offers investors and business people outstanding features that save them time and money.

Angel Broking has a huge range of services on offer, from brokerage to insurance and mutual fund management. With their distinguished thirty-year presence in this sector, they can confidently provide users with the best options available. On top of that, the app contains various features like an intuitive user interface and premade portfolios, which together make stock trading a much smoother process. To add even more value for customers, Angel broking has reduced the fees associated with discount brokerage.

5. ICICI Direct

With several charts and other technical indicators, as well as heat maps, users can easily view complex data. ICICI direct is one of the most useful trading applications in India, which offers charting and reporting, grid views, top gainers and losers, and more to its users.

They have eliminated all the hassles associated with investing in current and new fund offerings (NFOs). They are equipped with a total of 37 AMCs. Their products and advice are supported by research, so you can make an informed choice about your investments. Through ICICI Direct, you are able to trade in a wide variety of different financial vehicles. ICICI Bank clients can gain extra benefits for using ICICI Direct.

6. Edelweiss Broking

As well as providing over 23 data-rich reports with several technical charting options, it allows you to establish a personalized watchlist, manage IPOs, and generate over 23 reports. In Mumbai, Edelweiss Broking Ltd provides financial, broking, and investment advisory services to over 5 lakh customers. Of all trading apps in India, it is the most trustworthy, has the most experienced staff, the best tools, the most customizable reports, and the most user-friendly interface.

Among retail mutual fund and stock market traders, Edelweiss' mobile trading app has a significant market share.

7. IIFL Markets

It features innovative technical analysis features, price alerts, and outstanding customer service via WhatsApp on IIFL Markets. India Infoline (IIFL) is a full-service stockbroker in India that has been in the brokerage business since 1995. If you are looking for more research and recommendations, consider IIFL.

The IIFL Markets app is renowned as one of India's premier online trading platforms. It offers extraordinary resources to its clients, such as the "Buzz" service that provides the most recent market insights and significant details regarding their investments. New traders are highly encouraged to download this leading stock market software as it offers a quick and straightforward client assistance. Moreover, an excellent customer service team is accessible through multiple channels including but not limited to telephone, WhatsApp, and email.

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Read more - https://best-trading-platform-india.blogspot.com/2023/06/7-best-trading-apps-in-india-2023-for.html

[shyamsagvekar]

Small Steps to Big returns! You can Achieve a lot with just as little as Rs. 500 per month.

[newsfact]

mutual fund schemes: 'Hold on to global MF schemes, avoid lump sum investments'

mutual fund schemes: ‘Hold on to global MF schemes, avoid lump sum investments’

Mumbai: Investor holdings in international equity mutual fund schemes have eroded 30-40% on account of the sell-off in various global markets in the past six months. But investment advisors and analysts are suggesting investors must hold on to these investments despite the losses and even restart fresh Systematic Investment Plans (SIPs) in them as and when regulatory restrictions are…

[moneycareplanner]

How to Choose the Right Mutual Fund Distributor in Mumbai For Your Investment Needs?

To choose the right mutual fund distributor in Mumbai, assess their market knowledge, experience, and client reviews. Look for a distributor with a wide range of fund options and a transparent fee structure. Contact us to find out more. For more information, visit https://moneycareplanner.blogspot.com/2024/07/benefits-of-investing-in-liquid-mutual.html

[chamunda-investment20]

Which is the best mutual fund company in Mumbai?

As a seasoned finance content writer with over 20 years of experience, I understand the importance of finding the right mutual fund company in Mumbai to help you achieve your financial goals. Whether you're saving for retirement, planning for your child's education, or looking to grow your wealth, the choice of a mutual fund company can make all the difference.

In the bustling city of Mumbai, home to a thriving financial ecosystem, navigating the world of mutual funds can be a daunting task. With numerous options available, it's crucial to identify the best mutual fund company that aligns with your investment objectives and risk appetite.

Identifying the Top Mutual Fund Companies in Mumbai

When it comes to the best mutual fund companies in Mumbai, a few names stand out. Our company is a leading financial services provider in the city, has consistently delivered exceptional performance and customer service. We have a team of experienced professionals offering a diverse range of investment products and services, we have earned a reputation as one of the top fund management companies in Mumbai.

Another prominent player in the Mumbai mutual fund market is Shree Investments. Known for its innovative investment strategies and a commitment to client satisfaction, Shree Investments has garnered a loyal following among investors in the city.

Factors to Consider When Choosing a Mutual Fund Company

When selecting a mutual fund company in Mumbai, there are several key factors to consider:

Investment Expertise: Look for a company with a proven track record of successful investments and a team of knowledgeable professionals who can guide you through the complexities of the market.

Fund Performance: Examine the historical performance of the mutual fund company's offerings, ensuring that they have consistently delivered competitive returns.

Diversification: You need to analyze the offerings of the company, ensuring that it offers a diverse range of funds to help you cater to your specific needs.

Fees and Expenses: Understand the fees and expenses associated with the mutual fund company's offerings, as these can significantly impact your overall returns.

Customer Service: Evaluate the company's responsiveness and the quality of its customer support, as this can be crucial in navigating the investment journey.

Why Choose Us Invest as Your Mutual Fund Partner in Mumbai?

Our company stands out as one of the best fund management companies in Mumbai for several reasons. With a team of seasoned investment professionals and a commitment to delivering exceptional results, we have consistently outperformed its peers in the Mumbai market.

Moreover, we offer a diverse range of mutual fund options, catering to the unique needs of investors in Mumbai. From conservative income-generating funds to growth-oriented equity funds, we have a solution for every investment goal.

Ultimately, when it comes to finding the best mutual fund company in Mumbai, we emerge as a clear frontrunner, offering a combination of expertise, performance, and personalized service that is unparalleled in the industry.

[planify]

HDFC Securities IPO Review, Allotment Status, Subscription, Price, Date & More.

Let’s have a detailed review of the company and analytics of the HDFC Securities IPO release date, IPO offer price, subscription, HDFC Securities Pre IPO allotment, grey market price and other details like the company’s background, its financial positions, and its other related things.

About Company

·       HDFC Securities Limited is a financial services intermediary and a subsidiary of HDFC Bank, a private sector bank in India. It is one of the leading stock broking companies in India and has completed 20 years of operation. HDFC Securities was founded in the year 2000 and is headquartered in Mumbai with branches across major cities and towns in India.

•        HDFC securities began operations in April 2000. In the beginning, it was a joint venture between HDFC Bank Limited, HDFC Limited and Indocean eSecurities Holding Limited.

•        HDFC Securities Ltd is a stockbroking and distribution arm of the HDFC group. One of the oldest broking House in India, Its operations include Stock Broking and Distribution of various financial products. It is a corporate member of both the BSE and the NSE. HDFC Securities is well known with professional traders for its comprehensive online trading portal offerings.

•       The company had 262 branches across 161 cities in the country as on 31 March 2020 and also has multiple digital platforms to enable its customers to have easy access to its products.

 Products and Services:

 ·       Equities – Invest online in stocks of listed companies

•        Mutual Funds – Invest in mutual funds including equity, hybrid, tax saving or debt schemes from asset management companies

•        SIP’s - Systematic investment plan that allows automated investments

•        Derivatives – Hedge or speculate on the price movement of stocks or index through its derivative products viz. Futures and Options

•        Bonds, NCDs & Corporate FDs – Invest in fixed income instruments such as bonds, NCDs and Corporate FDs

•        ETFs- Invest in exchange-traded funds

•        Value Added Services - Provides investing and trading ideas, along with financial tools and calculators, tax solutions, will planning and robot advisors.

•        MCX - Invest in bullion, metals, energy and agricultural commodities

•        Smallcases - Invest in a curated basket of stocks based on a theme or market trend.

•       IPOs - Invest in initial public offerings (IPO)

Industry overview:

·       The Indian broking industry is set to witness a gradual shift from transaction-based model to service- or fee-based model, offering services such as wealth management and investment advisory

•      Between 2009 and 2019, India’s stockbroking industry has witnessed huge technological changes and evolved. Turnover on the exchanges, investor participation and equity penetration have all increased astonishingly.

•      Book HDFC Securities IPO shares with Planify.

 Awards and Recognition:

• Risk Management Team of the Year by UBS Forums

• Top 30 Corporate Communications Teams in India by Reputation Today

• Enterprise Mobility - BFSI Digital Innovation Awards 2019

 Planify View:

·       Rating – 4/5

·       Recommendation – Buy

·       Book HDFC Securities Unlisted Shares from Planify.

HDFC     Securities Share Price is not disclosed yet buy you can book HDFC     share with Planify.

 Want to buy HDFC Securities Pre IPO, Unlisted Shares, and De-Listed Shares? Come right to us!

Mail Us On — help@planify.in

Or Call Us On — (+91) 706–556–0002

[devangthakkar]

Target Investment Plan is defined as a Goal-oriented, well defined mutual fund investment plan which can help our clients achieve their financial goals within a specific time frame. This goal can be financial or aspirational in nature and the time horizon associated with it should range from medium to long term in nature.

Visit:��https://www.ajmeraxchange.co.in/services/mutualfund-distribution/tip

[superdragontyrant]

Balanced Mutual funds such as the popular Balanced Advantage Fund are financial instruments which invest in a mixture of both debt and equity segments in specific ratios. Sometimes they are also referred to as hybrid funds since these balanced funds enable investors to diversify their mutual fund portfolio. As they maintain a balance between both debt and equity segments, they provide the best risk-reward ratio at that specific instance in the market and help to maximise the return on investment. Balanced mutual fund, have a variable mixture of allocations that starts; anywhere above 65 per cent in equity going all the way up to almost 80 per cent.

www.qfund.in

[finanzwealth]

May Maa Lakshmi, Lord Ganesh & Lord Kuber shower her blessings on you, enriching your life with prosperity, happiness & open doors to unlimited opportunities for growth and prosperity! This Dhanteras, welcome the blessings of prosperity! Finanz Wealth wishes you and your family good health and happiness on this festive occasion. Best Regards, For more details, feel free to contact us: ASHISH DOSHI | VEDIKA DOSHI FINANZ WEALTH Your Preferred Wealth & Risk Manager +919022937373 | +919920476588 finanzwealth@gmail.com https://wa.me/919022937373 https://wa.me/919920476588 Ps - We are AMFI & IRDA registered mutual fund distributor & Insurance Advisor respectively. Mutual funds are subject to market risks read all scheme related documents carefully. Insurance is a subject matter of Solicitation. #finanzwealth #Dhanteras #DhanterasWishes #Prosperity #FestiveWishes #OnwardUpward #HappyDhanteras #Dhanteras2022 #Wealth #Festival #investments #India #finance #stocks #economy #Diwali #financialservice #family #familyinsurance #investmentservice #familysecurityplan #emergencyfunds #sip #longterminvestment (at Mumbai, Maharashtra) https://www.instagram.com/p/CkAwNOigU7Z/?igshid=NGJjMDIxMWI=

[investocafe]

NEW MONEY MANAGING PRACTICES - AN EYE OPENER !

  The change is continuous in every sphere of life. The one who adopts the changing trends leads a better life especially in the field of finance. The conventional financial rules our parents and grandparents followed are not beneficial in present time. We at Investocafe analyzed how the new money managing practices are more beneficial today.

INVESTING

Earlier Saving and Investments were synonymous to  PPF or FD’s to protect capital and earn a decent interest. Today, post tax returns of most such schemes can’t beat inflation. For long-term goals like retirement, higher education for children, children’s wedding etc, a large allocation to equity is necessary to build wealth that beats inflation in a tax-efficient manner. So the new trend is LOOK FOR HIGHER INFLATION BEATING RETURNS INSTEAD OF GUARANTEED RETURNS. Have a look for various investment instruments below

  Diversified Equity Mutual Fund (@ 15% CAGR),Value of rs. 1 Lakh in 5 years will be: 2, 01,135

 Balance Mutual Fund (@ 12% CAGR) ,Value of rs. 1 Lakh in 5 years will be: 1, 76,234

 PPF (@ 8.5%),Value of rs. 1 Lakh in 5 years will be: 1,50,365

 FD (@ 8 %),Value of rs. 1 Lakh in 5 years will be: 1,46,932

   HOUSING

Earlier, a house meant financial security and a good long-term investment but today, buying a house implies a huge EMI burden. Paying off a home loan early in your career compromises your other financial goals. So the new trend is RENT A HOUSE INSTEAD OF BUYING. The renting a house is more affordable than buying a house as per the Artha Yantra Buy vs Rent Report 2017. Have a look that in present scenario in different cities what is the rental cost and what will be the monthly cost to buy :

Mumbai : Avg Monthly Rental Cost : 42,084 : Avg Monthly Cost to buy: 1,56,887

Kolkata : Avg Monthly Rental Cost : 18,174 : Avg Monthly Cost to buy: 47,737

Bengaluru : Avg Monthly Rental Cost : 19,176 : Avg Monthly Cost to buy: 52,280

Chennai : Avg Monthly Rental Cost : 17,911 : Avg Monthly Cost to buy: 68,908

Delhi NCR: Avg Monthly Rental Cost : 21,094 : Avg Monthly Cost to buy: 70,115

Hyderabad: Avg Monthly Rental Cost : 13,706 : Avg Monthly Cost to buy: 30,955

Kochi : Avg Monthly Rental Cost : 12,347 : Avg Monthly Cost to buy: 41,670

Jaipur : Avg Monthly Rental Cost : 12,150 : Avg Monthly Cost to buy: 36,488

Indore : Avg Monthly Rental Cost : 11,677 : Avg Monthly Cost to buy: 29,965

  TRANSPORT

Earlier, owning a car was seen as a status symbol. Fuel was cheaper too. Today, an efficient public transport system and app-based taxi services made owning a car superfluous. You are also spared the trouble of high fuel bills, vehicle maintenance, driving in traffic or looking for parking space. So the new trend is RENT A CAR INSTEAD OF BUYING ONE. Have a look at the calculation below for average per day cost of possession of a car:

  Average Cost of a hatchback car in India : Rs 6,00,000

Scrap value of car after six year: Rs1,00,000

Net amount goes in effective life of six year : Rs.5,00,000

Cost of car possession (5,00,000/2192 (6 years)) : Rs.229/day

Approximated Car insurance (Averaged at 10,000 yearly) : Rs.27/day

After every 3 year tyre & battery replacement charge : Rs.23/day

Car Maintenance (@ Rs 9000 yearly) : Rs.24.5/day

Interest on car buying amount(@8% on Rs 6,00,000) : Rs.160/day

 Average per day cost of car possession (excluding the fuel expenditure and driver) is Rs 463.5

 Cost of renting a car with driver generally available in India is Rs 12/km to Rs 20/km (Uber )

 Renting a car is much cheaper than actually owning a car.

 GOLD

Lack of awareness and traditional inclination towards gold made earlier generation invest heavily in physical gold. Today, gold bonds/ gold ETFs or mutual funds prove to be more beneficial over physical gold, on many fronts. So now the new trend is BUY GOLD BONDS INSTEAD OF GOLD JEWELLERY OR PHYSICAL GOLD. Have a look:

  Liquidity;

 Gold Bonds: Low

Physical Gold: High

Gold FTE : High

 Interest;

 Gold Bonds: 2.75%

Physical Gold: Nil

Gold FTE: Nil

 Charges;

 Gold Bonds: Nil

Physical Gold: Locker, Making Charges, Insurance Premium:

Gold FTE: 1% on Expense Ratio

 Taxation;

 Gold Bonds: Tax on Interest

Physical Gold: Nil:

Gold FTE : Taxes if sold before 1 year

 Risk;

 Gold Bonds: Nil

Physical Gold: High

Gold FTE : High

  INSURANCE

The conventional or conservative approach towards insurance is a mix of insurance and investment. Insurance is a bad investment and investments don’t provide insurance. They don’t actually provide the best of either. Insurance should be taken to cover your liabilities and Term insurance is low-cost insurance that comes with higher cover for a lower premium. It does not provide returns and is treated as an expense. But a comparison between endowment policy and term insurance clearly emerge Term insurance as winner. Have a look at the comparison between Endowment plan and mix of Term Plan with SIP below.

LIC Endowment Vs Term Insurance Plan with MF investment:

 LIC new endowment plan for Rs. 50 lakh cover:

  At 30 years age for a period of 30 years or 60 years age

  Monthly premium is Rs. 13293 for 360 months (30 years)

  Total maturity amount at the age of 60 years would be Rs.1.77 crore

  Term Insurance plan of ICICI Pru for Rs. 50 lakh cover and SIP in ICICI value discovery fund

  From 1 st to …… 360 months

Term Plan Premium:  426……..426 :  Total (@ 12% CAGR)

SIP Amount:  12867……………12867  : Total Rs.4.54 Crore

  Visit www.investocafe.com to know about mutual fund investment options and stay on path of financial freedom

Happy Investing!!!

  Written by: Anvesh Pandey, SEBI Registered Investment Advisor

To get in touch, write on anvesh.pandey@investocafe.com or reach through www.investocafe.com

[infiwealth123]

An Insightful Detail About Systematic Investment Plan (SIP)

Mutual funds and trading always go hand in hand in the market. You can thus find a SIP Advisor in Mumbai, who are very common and will explain to you the importance of knowing about the details of SIP and more. SIP Advisor in Mumbai can also be hunted online and can help you with the details of all about SIP. After having our conversation regarding the similar topic and after a consultation many people said that taking up SIP Advisor in Mumbai, is a well organized and an accurate decision. Thus, today we will be discussing more about SIP.

 SIP mainly stands for Systematic Investment Plan where one can regularly invest a fixed amount in the preferred mutual fund scheme. However, here a fixed amount is usually deducted each month from the savings account and then this amount is then invested in the mutual fund of your choice.

 Is one time investment better than SIP?

 ●       Tenor: In SIP investment there can be a withdrawal anytime without any monetary loss, however in one time investment, a sudden withdrawal might attract a set of penalties, charges or might just not be allowed.

●       Earnings: In SIP you can earn better than the market lows which are on the move as the investment yields higher returns because of the power of the compounding, but in single investment it earns better than the market highs, where the investment yields fixed incomes which are lower than the SIP.

●       Protection from market volatility: In SIP you can protect your investment from any potential market crash, but in a one-time investment it is not usually cushioned against the market volatility as this investment could lead towards a big loss as the market can also crash.

●       Knowledge of the market: Now in SIP it is a simple plan where you do not require to have a mere knowledge of the market, but in the case of one time investment you may require the help of an expert counsel to learn the current status of the market, whether or not it would be safe to move forward or not.

 How to invest in SIP?

 ●       You first need to identify your financial and investment goals whether the wealth creation is for a short term, medium term or for a long term. Then, you can start investing in SIP as per your goals, but also remember that the longer duration SIP thus, yields a higher return.

●       Selecting the right mutual fund is also a must as you must then zero in on the accurate SIP mutual fund which is in complete consonance with one’s financial goals, then you can start comparing the different SIP’s and select the best one to go with.

●       Contact a suitable financial institution is a must as you need to inform them about your decision to invest in the specific SIP, thus one must fill the form and then complete the KYC documentation.

●       And finally when your research will be completed you can go ahead and invest.