Mutual Funds
Why Mutual funds??
They are investments instruments which are capable of giving high returns . An average mutual fund scheme returns easily beats inflation in longer run and a good scheme can give far superior returns.
Our Mutual Fund industry is one of the best regulated industry in the world. They are governed by the strict guidelines layed down by SEBI(Securities & Exchange Board of India).
Investments decision of a Mutual Fund is taken by their AMCs and Fund Managers. They are experts who make investments decisions after doing intensive research and analysis of a company & industry. (Individuals generally don't have time and resources to do research hence best option is to let MF manage your investments)
This industry is highly liquid. Even more liquid than stock markets. Payments are generally made through cheques or in some cases they are directly credited to your bank accounts , If your bank is allowing RTGS & electronic clearing and mutual fund AMC is providing such facility.)
They are investments instruments which are capable of giving high returns . An average mutual fund scheme returns easily beats inflation in longer run and a good scheme can give far superior returns. Investments are diversified into many companies & sectors. Which make our investments safer and consistent growth prospects. Diversifying is usually not done by small investors , for such a actions one requires lots of funds.
Tax treatments- Governments encourage investments in capital markets and has given many tax sops. Under i) 80(c) investments done upto 150000 in specific mutual funds schemes which is called ELSS(Equity Linked Saving Schemes.) Investments in mutual fund after 1 year are tax free.
Mutual Funds are much cheaper compared to direct exposure to capital market since one does not need demat account ,annual charge to maintain account, charges imposed on demat holdings, stamp duty on transaction are not levied.
SIP – Systematic Investment Plan
Through SIP an investor can take part in stock market without actively timming them. Its Rupee Cost Averaging.
SIP is a smart & hassel free mode of investing money in mutual funds.
Its Disciplined Saving
Flexibility
Convenience
Long Term Gains
It also gives benefit of Power of Compounding , for power of compounding is simple – Sooner you start investing more time your money has to grow.
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