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What are the best SIP plans?

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A Systematic Investment Plan, or SIP, is the best strategy to invest in equity mutual funds to build wealth over time, according to mutual fund investors. It not only encourages people to invest on a regular basis, but it also instills financial discipline in their life. According to AMFI data, SIPs are becoming increasingly popular among mutual fund investors. Because of the growing popularity and awareness of SIPs, we decided to look at equity schemes that have successfully doubled investors' money over time. Largecap, big and midcap, midcap, multi-cap, smallcap, value funds, and Equity Linked Savings Schemes are examples of equity schemes (ELSS). These equity scheme categories follow the Securities and Exchange Board of India's (Sebi) recommendations for re-categorizing mutual funds . Take a look at the schemes listed below that have yielded the best results when invested via SIPs are available for investors with a five-year or ten-year time horizon. Also, keep in mind that

What is Hybrid Mutual Funds? Types and Benefits of Hybrid Funds?

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  What is Hybrid Mutual Fund? A hybrid mutual fund is nothing more than a mix of equities and debt funds. They invest in shares of firms listed on the exchange, just as equity funds. They invest in fixed income securities such as bonds, debentures, and Treasury bills, just as debt funds. ·       Hybrid funds invest in a combination of three major asset classes: stocks, bonds, and commodities. ·         The stock element of the portfolio has grown in value. ·         Debt and gold allocation provide steady growth. ·        Hybrid mutual funds are open-ended funds that are actively managed. This means you may put money into them and take money out during the year. There is no such thing as a lock-in period. In India, there are seven main types of hybrid funds. What are the benefits of a hybrid fund?  Hybrid funds combine the best of all worlds for investors, including stock, debt, gold, and other commodities. With just one plan, investors may invest in all of these asset g

What are the Benefits of a Regular Plan in Mutual Funds?

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  A regular plan coexists with a direct plan, owing to the fact that direct plans were developed after the regular ones. Previously, we had just routine plans. Direct plans were created afterward for knowledgeable investors who wanted to pick their own funds without paying for expert assistance. The reasons why the regular plans continue to exist alongside the direct ones include: 1. Incentive for distributors to increase business: An AMC does not have enough personnel to personally reach out to the general public and convince them to invest. If a distributor is provided a financial incentive in the form of a commission, they will approach and convince more individuals. 2. Ignorance : Some people are unaware that a direct plan exists. They assume that buying a mutual fund requires going via a distributor. 3. Expertise: Becoming an informed investor takes time. Not everyone can do it as well as a professional. As a result, for some people, the extra money spent on guidance is