Mutual Fund Investment Made Simple with Edelweiss Guided Portfolio


Life is constantly moving at a very fast pace and there is limited time for anything considering the options we are spoiled with, for instance question commonly hovering over our head whenever we sit to decide on something would be what to choose? Where to choose? How to choose? What would be the best option that would yield optimum returns? The never-ending quest to get the best sometimes takes a toll and we end up making haste decisions.

So, why am I discussing all this? Ok, let me reveal the suspense of the topic, I am talking about mutual funds investment, though I have been speaking about it quite often these days on my blog, still I strive to provide you with the best I can from the market updates.  Recently in this quest to find some information about investing in Mutual Funds, I came across Edelweiss GPS. Now you may ask me what is Edelweiss GPS? Edelweiss Guided Portfolio Service is an algorithm based intelligent system which designs mutual fund portfolios for investors and guides them towards their financial goals through systematic investments, you may ask me why am I highlighting a specific service provider to showcase right? But I would be happy to let you know that once I take you through the sheer features of Edelweiss GPS even you would want to start talking about it, well this is what I feel.

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Design: The Edelweiss Guided Portfolio online page will simply surprise you with the simplicity of the design which is clean, cluster free and pop up free, which lets you focus on the features of the website and allows you to better understand the complexity which is well disguised within their online page design.

Features:

e-KYC: KYC document requirements are always a task, with multiples forms and signatures and photos and what not, but wait, if you happen to have a Aadhar card that is all you need to open an account with the Edelweiss Guided Portfolio, hassle free within second registration.

Investing made simple: “I want to invest —– Rs. I’m —- years old, and prefer select a risk profile” like does it get any simpler then this? Once you fill this quick form, the backend algorithm calculates your preferred risk and show you mutual fund portfolios accordingly.

Simplicity in diversity: The dashboard is a prominent feature of the Edelweiss Guided Portfolio, which is very minimalistic in design, though the details of mutual funds invested in and market watch feature are a commendable achievement they have managed to sync in.

DATA: We all love data, we want well researched data guiding us through the market hic ups or providing details about emerging trends in mutual funds or even indicating any recent updates on where to invest, this is well taken care of in their research page with blog post across different market trends and updates, a must check feature.

I can go on and on with the features, but I want you all to discover the features all by yourself and indulge in some cluster free, highly informative and systematic mutual fund investment and let your money grow multi folds.

Are you Post Retirement Ready


When i hear the word “Retirement” and life after that, the first thing that comes to my mind is, its too early to think on these lines, there is still time before i start planning, maybe in my mid thirty early forties, right now it’s time to enjoy life in the fast lane.

Now, you would think why we have such a mindset, well we shall rather curse our surrounding for considering the retirement scenario not that seriously and just counting on the thoughts of “Our children will take care of us” or “who knows how long i shall live”,” i rather use it when its needed”, but what they are not realizing is that if they have funds after their retirement which is accumulated in their earning phase of 30 odd years, then they could be rest assure about living a peaceful life after retirement, without worrying or depending upon their children or any third source for funds.

Every one of us has dreams to live a peaceful life after retirement, a house near the mountains or valley close to nature, roam around the globe without any hassle, play with your grandchildren and fulfill their petty needs, there are so many example and it differs from person to person on what they aspire to do after retirement.

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So, when did i realized about retirement funds? Just a week back but don’t be surprised, good folks at blogadda.com arranged a informative session on retirement mutual funds conducted by Reliance Capital management team and invited bloggers to attend and know the benefits of Retirement Mutual Funds.

Sharing some facts and figures:

* Life expectancy set to increase due to medical advancement and affordable technology, average set to increase by 70 yrs by 2050
* India is one of the lowest in terms of retirement assets at 15.1% of India’s GDP and $128 asset/capita
* A good 3/4 of Indian population lacks sufficient funds for after retirement life.
* People are not aware of Schemes related to Retirement Mutual Funds, and hence go the traditional way of FD’s and reinvesting on it, life insurance or gold investment which have a limitations such as
Taxable Income
No growth in corpus
Low ability to fight inflation
* People believe that they will plan for Retirement post the age of 40 yrs, starting early is better.

A example that will give you a fair idea on how your current retirement investment funds wont serve you enough and how mutual funds will : A illustration:

You invested Rs.5000 every month for 30 years
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HOW TO READ THE GRAPH :
If over a 30 year period, the accumulated retirement corpus was Rs. 3.46 cr from a monthly SIP of Rs. 5000 at an assumed rate of 15%, then one can withdraw an annuity of Rs. 3 Lakh per month over next 30 yrs assuming that the corpus would grow at 10% post retirement

Based on Mutual funds Retirement, 2 scheme Reliance have come up with are :
1) Wealth Creation
2) Income Generation Scheme

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Some Key features to the above schemes are Flexibility To Manage Investments, Auto transfer to move from accumulation to distribution and Systematic Transactions.

A Illustration showing ideal way for invest for Youngster

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A Illustration showing Ideal Way To Invest For Investors Nearing Retirement

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For a smoother hassle free Retirement solution for employee, Employer can enroll and deduct systematically from salary, this can be done in a monthly single credit with their Reliance Salary ADDvantage facility.

To check out more details about Mutual funds Retirement from Reliance, please visit their website for further information: Reliance Mutual Funds Retirement Scheme.

Also check out their Retirement calculator which gives you a fair idea on how much should you invest according to the inflation in coming years you wish to invest your funds for retirement.