Tag: mutual fund

Are you looking for a Life Cover and Investment Plan Combo?

Posted on by Aziz Ampanwala

Life is a never-ending cycle of events, some events that bring smiles on our face and others just keep us worried. Worries may somewhere also be linked to our ability to not gauge certain situations in life, those uncertainties in life when they are linked to funds which you are not capable to earn after your retirement or maybe to support your family when you are dead!

We are living in an era where everything is on our fingertips, that is what innovative technology has given to us – the convenience to control. Talking about innovative technology and control, wouldn’t it be fantastic if we could control our investments and take care of ourselves and our family’s future with an insurance plan at our convenience and minimal hassle-free process in an all-in-one plan? Let me give you a brief explanation of what I am talking about.

Bajaj Allianz Life Insurance

Let me tell you about a proposed combination where you can invest and give yourself and your family financial protection after your death or your retirement. Sounds too good to be true, isn’t it? A perfect scheme for anyone who is looking to #InvestBefikar and grow his / her money and wants life cover / insurance.

Benefits of Investment cum Life Insurance Plan:

  • It lets your money grow while securing you as well
  • Paying one premium for protection and investment

Want to know more?

Well, Bajaj Allianz Life Insurance has been cooking up just the right combination of dual benefit plan of investment and life protection for a #JiyoBefikar life, the need of making your money grow while you pay the life insurance premium, just the right mix of pleasure for a hassle free, all-in-one plan. I have a lot more to talk about this unique customised plan in my next blog post, so kindly stay tuned till next week for more detailed look at the Bajaj Allianz Life Insurance new offering in the form of Investment cum Life Insurance plan, I am excited to share the details with you and know about your queries and questions in the comments sections below.

Bajaj Allianz Life Insurance dual benefit investment cum Insurance plan is scheduled to launch on 22nd June 2017, stay updated with our blogpost feed to get more updates about the launch and details.

If you wish to, you can check the updates and engage on the brand’s Twitter Handle @BajajAllianzLIC. You can also follow the brand on Facebook for more updates about the product.

 

 

 

Make a wise investment decision with Mutual Funds

Posted on by Aziz Ampanwala

What is a general perception when you hear the word mutual funds investment? I bet the first thing that crosses your mind will be “risk” i.e. if you have never invested in mutual funds. But should that bother you when you have a successful moderator working for your investment funds in the market? Well, you would be interested to go through the article to know more about Mutual Funds.

To all the readers who are not well-versed with Mutual Funds, here is a brief description:

Mutual Fund investments are investments made in companies or firms which are public listed on National Stock Exchange / Bombay Stock Exchange. The returns on such investments depends upon the company’s performance and the overall market.

Why should you invest in Mutual Funds when you have a safer option of FD’s (Fix Deposits) you may ask?

The answer would be though mutual funds are not as safe as a FD deposit, still if mutual funds are invested in right companies comparing their past records and management, then the returns on yearly basis are much higher competitively and there is more flexibility  plus tax benefits.

Talking about Mutual Funds investment and risk, a balance is needed, which could yield a better dividend and is safer to investment in, here is where a unique plan from ICICI Prudential Mutual Fund steps in, the “Balanced Advantage Fund” scheme which is an open-ended equity oriented fund that brings multiple benefits to your investments. It strives for growth by investing in equity markets, while providing relative safety through investments in debt instruments.

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I would like to share some interesting facts and figures to illustrate on why the ICICI Prudential Balanced Advantage Fund is a good choice.

Investment Objective:

The objective of this fund is to create wealth over a long period of time through a balanced investment in equity markets as well as debt markets and money instruments. It also aims to do this by mitigating the risk from equity markets as much as possible by not sticking to a single strategy alone.

Why Invest?

  • Benefit from an in-house asset allocation model that aims to buy low & sell high
  • Aim to gain from market volatility over the long term

Fund Highlights

  • Invests in both equity & debt instruments
  • Provides tax-free returns#
  • Aims to provide month-on-month tax-free dividends$
  • Manage your monthly cash flow with Automatic Withdrawal Plan^ & Monthly Dividend Feature

#As per prevailing tax laws for FY16-17, returns earned after one year are tax free.

$Distribution of dividend is subject to approval from Trustees & availability of distributable surplus

^Automatic Withdrawal Plan is only a feature for regular withdrawal from the scheme and shall not be construed as an assurance or guarantee of return.

A 3-in-1 fund

BAF may be considered to be three funds rolled into one. When valuations become expensive the fund’s equity allocation can fall to as low as 30%. In such market conditions, the fund resembles a monthly income plan (MIP). When the market becomes fairly valued, the fund raises its allocation to equities to 65%, thereby resembling a balanced fund. And when market valuations decline, it raises its allocation to equities to the maximum limit of 80%. At such times it resembles an equity fund. Thus, it can be viewed as a three-in-one product, with the added benefit of being taxed like an equity fund.

BAF’s ability to perform in all market conditions makes it a very good fund for people with low to moderate risk appetite, who have invested in FDs all their lives but now want a moderate taste of equities. This is a fund for investors who don’t want to be bothered about questions such as: the market has risen (or fallen), should I book profit or stay put? The fund takes care of all these issues on investors’ behalf.

Thanks to BAF’s stellar performance, investors have reposed their faith in it. The fund’s asset under management (AUM) has risen from Rs. 204 crore in March 2013 to over Rs. 10,000 crore in November 2015, a 47-fold growth over just two-and-a-half years.

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Disclaimer:
Mutual Fund investments are subject to market risks, read all scheme related documents carefully

How prepared are you – Do your Homework

Posted on by Aziz Ampanwala

Planning for a Childs future in terms of education is always in the top priority whenever you ask parents, education is that framework which will secure a Childs future and that’s why the emphasis on quality education is a set benchmark with parents who are willing to invest in their Childs education. Now talking about a Childs future, the basic research as a parent you would do is understand what does your child aspiration is and what does he want to become, I know that children these days get easily inspired after watching certain things  and it keeps on changing multiple times, however if we consider cost of education in any field today compared to say 1 or 2 decades, you will be surprised to know the inflation rate in education sector has been soaring more than 300%, now that can set any parent on the back seat considering how to plan financial with such high inflation rate for Childs future.

The trend in India as we might have observed from our parents, their friends, neighborhood and society is that firstly education funds are not always the set priority and its heavily dependent upon funds from FD’s (fix deposits), inheritance funds left by grandparent for their grand children and in many cases which is common these days is education loans which I feel is more of a burden which creates pressure for both parent and child.

I would give a fair share to my parents for providing me quality education, they definitely understood that education is a must for a brighter future and kept saving from the very beginning, however the saving were not enough to fulfill the complete fees and we had to opt for other resources however the intend was always there.

We are now an educated bunch of youth developing in India and we sure know the importance of Education but what we lack is the understanding somewhere about what could be a healthy and profound solution of saving for our child’s education? Mutual funds! How does that sound? Yes, with the ever growing and developing market, mutual funds investment has that right algorithm to fight the mighty inflation, as the investment grows and evolves with market at a brisk consistent rate.

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Lately an initiative was conducted in many cities of India at Crossword and KidZania on-ground activation for NEW INVESTOR EDUCATION AWARENESS CAMPAIGN – #DoYourHomework by Axis Mutual Fund to better understand the parent and child relation in terms of aspiration sync, apart from that information regarding parent’s ideas and opinion on education savings for their children were also taken as a crucial parameter.

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Considering the data and research parameter from the campaign, Axis Mutual Fund came up with some healthy pointers and useful details in their micro-site do your Homework, if you browse through you will come across a custom made market ready calculator that will help you plan your Childs future, apart from that you can also download The Homework App, a space that will make you think and get guidelines on how mutual funds can be beneficial if investment is started from a early age of the child and multiple market aspects as well.

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