How to Invest in Mutual Funds Online
What if you could invest your savings and have someone else manage it wisely and professionally on your behalf. Mutual Funds works the same way and are professionally managed investment vehicles that pool money from investors. Mutual fund investments may seem scary at first, especially for newbies. Once you are well-versed with how to buy mutual funds, there […]
Best Gold Mutual Funds in India
Gold is considered as one of the safest havens for investment purposes. The underlying reason is the significant growth rate in gold prices in the last decade. But to the sheer disappointment of investors, recently even this shining metal has fumbled. Thus, consequently, investors are again looking up to mutual funds as a safe sanctuary […]
13 Things You Need To Know About Mutual Fund NAV
New mutual fund investors are wanting to know what NAV (Net Asset Value) is. NAV is similar to the price of a share but it isn’t exactly the same thing. There are key differences between the two. But while many are asking what NAV is, many are also confusing themselves and trying to make investments […]
9 Reasons Why SIP Investment is Best Way to Invest
Investing in mutual funds using a systematic investment plan or SIP has become very popular. To know why it is such an effective method to invest in mutual funds, read on! What is Systematic Investment Plan or SIP? Systematic Investment Plan or SIP is a method of investing money in mutual funds. The other way […]
8 Tips to Follow and Traps to Avoid While Investing in Debt Fund
Why is it important to save a part of your income? Mainly because it helps in meeting contingencies in addition to the acquisition of an asset. Retired individuals are dependent on interest income in addition to the monthly pension for their day-to-day expenses. In general, a layman is confused when it comes to making investments. After all, it […]
Advantages and Disadvantages of Mutual Funds in India
While investing, you must be aware of the advantages of mutual funds. Once you know that, you must learn about its disadvantages. Only by comparing the advantages and disadvantages of mutual funds can you choose the best fund for yourself. Advantages of Mutual Funds Let us first look at the advantages of mutual funds: 1. […]
What Is XIRR in Mutual Funds?
We invest a certain amount every year in some financial instruments like mutual funds. After 5 years, 10 years or 15 years, we may want to redeem our investments. At that time, we usually calculate the money which we originally invested with the maturity amount that we received to understand how much did we gain. But […]
How to do CKYC (Central KYC) for Mutual Funds: 6 Things You Need To Know
CKYC stands for Central Know Your Customer. It started from February 1, 2017 and any potential investor who wants to invest in mutual funds will have to go through the CKYC process According to the website: Central KYC Registry is a centralized repository of KYC records of customers in the financial sector with uniform KYC […]
Pradhan Mantri Kisan Samman Nidhi Scheme: Everything You Should Know
Agriculture is the backbone of India’s economy. As per the Registrar General of India and Census Report of 2011, India is home to over 118.7 million farmers or cultivators and 144.3 million agricultural laborers, which accounts\ of 31.5 percent of the total rural population. While agriculture’s contribution to GDP has been steadily declining due to […]
What everybody misses about the power of compounding
Have you ever wished to earn more money, without putting much effort? Or are you concerned about saving enough for retirement and your child’s education? There is a simple way to accomplish all these things if you are willing to learn how to put your money to work for you. It is called compounding, and […]
8 Biggest Mutual Fund Investment Mistakes and How to Avoid Them
It’s no news that investments in mutual funds are some of the most common and trusted investment options out there, and for a good reason. But with anything that involves money, one should be extra careful, and the same applies to mutual fund investments. Avoid these common mistakes to get the best out of your investments. […]
Investing In Mutual Funds? Here Are The 10 Tips To Remember
10 Tips to Invest in Mutual Funds Mutual Funds in India are considered to be one of the most popular tools of investment. These investments funds are a collection of stocks, bonds, money market instruments, and assets. Their popularity can be accredited to the several benefits that come along with such investments. For example, the […]
6 Ways a Student Can Build Good Credit
Becoming financially independent sounds interesting. How about if you are required to achieve the same when you are still in high school or college? Complicated, right? Well, we have a straightforward solution for you. No, we are not going to teach you how to become financially independent when your age is to rejoice and have […]
What are Direct Mutual Funds – All You Need to Know About Direct Funds
A lot of people have a question on whether to buy direct funds of indirect funds. And like any other question, my usual answer is “It depends”. So what does it depend on? Lets first try to understand what Direct Funds are. What Are Direct Funds? A few years back SEBI (the regulatory body that […]
Growth or dividend reinvestment option: Which is better for you?
There’s always a huge debate going around with respect to the plan an investor should choose while investing. Each mutual fund typically offers three plans viz. growth, dividend and dividend re-investment. As an investor what would you choose? The answer to this question differs from individual to individual and their profile. In this blog, […]
Avoid the biggest lie of Mutual Funds – Stop taking risks!
“Mutual funds are subject to market risk. Read the offer documents carefully before investing” You must have heard the disclaimer multiple times by now. Before we delve deeper into the subject of the blog, let us first quickly take you through the risks that are involved while investing in a mutual fund. To start with, […]
How can you buy dividend plans for a mutual fund?
Do mutual funds have dividend plans? The answer is yes! In order to understand how one can buy a dividend plan for a mutual fund, it is important to first understand the concept of a dividend plan and what a dividend option means in a mutual fund. Basically, dividend mutual funds are stock mutual funds […]
10 mutual fund books every investor should read
In our previous articles, we have spoken about mutual funds, why you should invest in them and what their benefits are. But we know that some of you avid readers would want to know the nitty-gritty of mutual funds and how you can become a successful investor through mutual funds. We have compiled 10 best […]
Everything you need to know before investing in a close ended fund
A lot of you might not know this, but based on the constitution, there are three main categories of funds, which are: Open ended Closed-ended Interval fund While an investor may choose to invest in any category of fund, it is always better to analyze that particular category of fund they are investing in. In […]
Why is rupee cost averaging important?
As an investor, my goal is to maximize long-term profit. By adopting various means of investments, such as bank deposits, participation in the stock market, gold, mutual funds etcetera, the goal of long-term capital appreciation can be achieved. While an investor expects constant and stable growth in these instruments over time, some element of risk […]