Posts

Showing posts from December, 2022

3 Best Mutual Funds to invest in 2023

Image
 This blog will help you to choose the best Mutual Fund out of 3 in which you can start investing from today . The last one will help you to save TAX up to 1,50,000 . The listed mutual fund names are not sponsored and are based upon my research. Start investing today to take your first step towards financial freedom . Click here to know all about mutual funds . Top 3 mutual funds in which you can invest are: 1. Index Funds Index Funds are such mutual funds which are directly linked with our stock market. These have been providing a stable growth but are bit riskier. These have been providing a CAGR of 12.3% over past 5 years. Monthly SIP of 10,000 can become 1 crore in 20 years .  Best index fund to invest in 2023 : ICICI Prudential Nifty 50 Index Fund Direct Growth 2. Debt Funds The fund houses invest your money on such platforms which generate fixed interest like corporate bonds, government bonds, sovereign debt sectors and many more. These are considered much more safer wh...

Are Fixed Deposits better than Mutual Funds? Reality exposed!!!

Image
 Are really FDs better than MFs? Let's checkout the facts for us to come to a conclusion. This blog contains all the details you need to know.  The full form of FDs are Fixed Deposits . These are money baskets created by investors with some of the banks or non-banking financial companies. You will have to stay invested for a fixed duration until your principal amount matures. Therefore, it is called fixed deposits.  Mutual fund  is a money basket, invested by various investors and it is managed by professional analysts. These are now more trending because of their higher returns. Click here to know  all about mutual funds . Mutual fund investment can be done in form of SIP or lumpsum .

3 things to remember before starting Mutual Fund investment...

Image
3 things you must know before you start investing in Mutual Funds. Today in this informative blog, we will understand exit load, expense ratio and interest rate with one BONUS tip to choose the best Mutual Fund for yourself. Let's understand the above terms in detail: - 1. Exit Load - Exit loads on mutual funds are the fees charged by fund houses to the investors who wish to exit partially or completely within the lock-in period of that MF's scheme.  My suggestion would always be to select MF which as no exit load (basically I mean to say that select those MF who have 0 lock-in period). There are many such funds available on various platforms like Zerodha Direct, Fyers Direct, Growww, etc.  One of the best mutual fund without exit load is ICICI Prudential Nifty 50 Index fund and many more like this are available.  2. Expense Ratio - In mutual funds expense ratio is the fee charged by the fund houses for managing investor's money. You must always select an Mutual fund whic...

Which is better for me - SIP or Lumpsum investment?

Image
 You must always know which is a better option either to do investment by SIP or by lumpsum investment. This blog will help you to understand difference between SIP and Lumpsum investments, which will encourage you to choose the best for yourself. Let's take the first step towards financial freedom.

All about Mutual Funds

Image
All about Mutual Funds you need to know in 2023 In this informative blog, we will be discussing about mutual funds - information sahi milegii yhi Mutual fund is a money basket, invested by various investors and it is managed by professional analysts. You must always have a mutual fund in your investment portfolio. There are many types of mutual funds available with different brokers. 

3 ways to become financially independent in 2023...

Image
Did you know that only hard work is not the way to make money, there are many ways and today we will be discussing top 3 ways. 1. Invest in Stock Market     We have often heard that many people have become rich and are enjoying the luxurious life that they wouldn't have dreamed off. Well, the stories that you have heard is absolutely true and therefore do you want to also enjoy in our life? Yes, so start investing today itself in stock market. You can invest in various companies like Reliance Industries, Bajaj Finance, Bajaj Finserv, ICICI Bank, ITC, etc., these are some reputed company which will multiply your money in time horizon of 3-10 years. Now, what if I don't have time to search and spot best companies for investing. Then you can go ahead by investing in Mutual Funds either by SIP or by Lumpsum amount. I will also be discussing about the best Mutual Funds for year 2023 in my upcoming blogs. In the meantime, there are various mutual funds among them the safest an...