Mutual fund

Mutual fund (3)

When we fall sick, we go to a Doctor who does the diagnosis and prescribes medicines. Thereafter we go to the medicine shop to buy the medicine. We bait on the professional competence of the Doctor for cure of the disease. In case of financial products, be it insurance or mutual funds, most of us   buy the child plan or pension plan or do a SIP in Mutual Fund through an agent or a bank relationship manager. By the time we realize that products bought by us are not suitable for achieving our goals, it is too late.

We should visit a financial doctor to get the right advice, who can analyze our cash flow, investments, insurance policies, loans etc and recommend suitable products to achieve our financial goals. The products should be suitable to our needs. SEBI has now come out with regulation to register SEBI Registered Advisers(RIA) who are like financial doctors and have a fiduciary duty to act in client’s interest. There are more than 200 such individual advisers in India today.

Direct Mutual Funds

When we fall sick, we go to a Doctor who does the diagnosis and prescribes medicines. Thereafter we go to the medicine shop to buy the medicine. We bait on the professional competence of the Doctor for cure of the disease. In case of financial products, be it insurance or mutual funds, most of us   buy the child plan or pension plan or do a SIP in Mutual Fund through an agent or a bank relationship manager. By the time we realise that products bought by us are not suitable for achieving our goals, it is too late.

We should visit a financial doctor to get the right advice, who can analyse our cash flow, investments, insurance policies, loans etc and recommend suitable products to achieve our financial goals. The products should be suitable to our needs. SEBI has now come out with regulation to register SEBI Registered Advisers who are like financial doctors and have a fiduciary duty to act in client’s interest. There are more than 100 such individual advisers in India today.

 

INVESTMENT in EQUITY MUTUAL FUNDS

Best Funds

If a fund is holding more than 65% of equity, it will be treated as Equity oriented fund.Here we have taken six categories of equity fund schemes.  

Large cap funds

In large cap fund, the fund manager invests more than 80% of asset in large cap companies.

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