Next week, Marathi movie Hrudayantar is releasing.
Release date is 7th July, 2017.
Here is official trailer of the movie.
https://youtu.be/A7n7WBTGe7k
Wednesday, June 28, 2017
New Marathi movie trailer- Hrudayantar
Thursday, June 22, 2017
Systematic Investment in Mutual Funds
How to start mutual fund SIP online (without any agent)?
Many of us think on buying a mutual fund and their assumption is that if we buy it online, there will be no commission. There are many sites which says they are channel for online mutual fund purchase. All this is just a marketing strategy to attract small investors like us.
So which is the best option to start a Mutual fund SIP?
There are different categories of mutual funds like LargeCap, Small & Mid Cap, Diversified, Sectorial, ELSS.
If tax saving under Income tax section 80C is not the purpose of your investment, then that is good point to start with.
First and most important suggestion is that Don't invest in too many funds. 5-8 mutual funds of different categories are enough.
Do some research and finalize the mutual fund in which you are planning to start SIP.
There are many ways to finalize good mutual fund.
Assume that you have Rs.10,000 to invest in Mutual fund through SIP every month.
What you should do next?
1. Do not invest in single fund.
2. Do not invest in funds of only one category.
3. Best ways to invest is divide your investment amount as 40% in Largecap, 30% in Mid & smallcap, 20% in diversified, 10 % in Sectoreal. (You can decide on percentage)
4. Sectorial funds are more risky so keep track of that fund and you can switch/move funds between different sectors but don't do it more than once per two years.
Where to Invest
Division of your 10000/- will be
1. 4000/- in LargeCap - Choose 1 or 2 good performing Funds
2. 3000/- in Mid & SmallCap - Choose 1 or 2 good funds
3. 2000/- in Diversified - Choose one good fund
4. 1000/- in Sector fund - Choose one good fund
So you will invest in around 4 to 6 mutual funds only.
If you feel that your fund is not performing good enough, you can change fund but it should not be done before analyzing your SIP returns for at least 15 months.
How to Invest
Go to mutual fund website and there is option for online investment option.
Choose Direct plan of mutual fund
There is no agent commission in Direct plan so you will find difference in NAV of Direct and regular plan of same mutual fund.
Difference between Direct and Regular plan of Mutual Fund
Many of us think on buying a mutual fund and their assumption is that if we buy it online, there will be no commission. There are many sites which says they are channel for online mutual fund purchase. All this is just a marketing strategy to attract small investors like us.
So which is the best option to start a Mutual fund SIP?
There are different categories of mutual funds like LargeCap, Small & Mid Cap, Diversified, Sectorial, ELSS.
If tax saving under Income tax section 80C is not the purpose of your investment, then that is good point to start with.
First and most important suggestion is that Don't invest in too many funds. 5-8 mutual funds of different categories are enough.
Do some research and finalize the mutual fund in which you are planning to start SIP.
There are many ways to finalize good mutual fund.
Assume that you have Rs.10,000 to invest in Mutual fund through SIP every month.
What you should do next?
1. Do not invest in single fund.
2. Do not invest in funds of only one category.
3. Best ways to invest is divide your investment amount as 40% in Largecap, 30% in Mid & smallcap, 20% in diversified, 10 % in Sectoreal. (You can decide on percentage)
4. Sectorial funds are more risky so keep track of that fund and you can switch/move funds between different sectors but don't do it more than once per two years.
Where to Invest
Division of your 10000/- will be
1. 4000/- in LargeCap - Choose 1 or 2 good performing Funds
2. 3000/- in Mid & SmallCap - Choose 1 or 2 good funds
3. 2000/- in Diversified - Choose one good fund
4. 1000/- in Sector fund - Choose one good fund
So you will invest in around 4 to 6 mutual funds only.
If you feel that your fund is not performing good enough, you can change fund but it should not be done before analyzing your SIP returns for at least 15 months.
How to Invest
Go to mutual fund website and there is option for online investment option.
Choose Direct plan of mutual fund
There is no agent commission in Direct plan so you will find difference in NAV of Direct and regular plan of same mutual fund.
Difference between Direct and Regular plan of Mutual Fund
Direct plan : You subscribe directly without agent. Expense ratio is less than regular plan.
Regular : Subscribed through agent.
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