True freedom is when we have financial independence and security, isn’t it? We invest with the hope to achieve this goal. How about you invest in a government-backed scheme that not only secures your retirement but also gives you the right exposure to equity and helps you to save tax?
Yes, MyWay Wealth smartly puts all your investment needs in one box and presents to you…
NPS is a government introduced retirement plan, regulated by the Pension Fund Regulatory and Development Authority (PFRDA). NPS has a perfect definition of diversification as it includes equity, bonds, and government securities in its scheme. This composition of NPS yields returns ~9% to 12% which is way higher than other pension options such as PPF (7.9%), APY (8%), SCSS (8.6%) and FDs (8.25%).
Not just that! Under section 80 CCD, NPS lets you save upto ₹15,480 in taxes (over and above savings under section 80C) if you invest ₹50000 in any financial year.
Let’s see a sample NPS portfolio for a 35-year-old who makes a monthly contribution of just ₹5000 in NPS until the age of 60 years. Assuming an interest rate of 10%, he would earn a total pension wealth of ₹65,96,366 with just a principal amount of ₹15 lakh. Thanks to the power of monthly compounding!!
Did you know that the price of gold has risen nearly 8% so far this August and about 19% in 2019? Yet, we Indians still love gold. But is it wise to buy it in its physical form?
Let’s find out!!
Is there a better alternative to physical gold?
MyWay Wealth has just the right solution. Buy gold for as low as Rs.1000 !!! Presenting…
Digital Gold gives you the freedom to buy gold at an affordable live price quoted. Also combines the benefit of safety by offering BRINK’s – secure locker with 100% insurance cover. Not just that; You can sell any amount of gold above just Rs.1 and get the amount credited to your bank account within 3 days or get it delivered at your doorstep in the form of gold bars & coins.
You don’t want to miss this opportunity!
Side-pocket, as literally explanatory, is a provisional pocket to cast aside a certain fraction of the total funds available – in our context, to the mutual fund.
Side-pocketing as a concept was first brought into mainstream discussions in 2015 when Amtek Auto’s credit rating was downgraded by several notches and was classified as a potential default. At the time, JP Morgan AMC had significant exposure to Amtek Auto’s debt instruments and the investors incurred heavy losses on account of the write-off in value. Now, such negative returns triggered panic and heavy redemptions by investors – now, as you can imagine, Amtek Auto’s securities were illiquid (could not be sold since there were no buyers) and the AMC had to start offloading good & liquid instruments to meet redemption requirements and as a result, the proportion of good to bad securities dropped and the AMC was left with a larger exposure to the bad assets – practically causing a run on the system. Though JP Morgan tried freezing redemptions, but the regulator did not permit such a restriction. This led to discussions around the possibility of mutual funds creating a side-pocket.
Following Nirmala Sitharaman’s prescribed economic booster shot late last Friday, RBI decided to inject the Government coffers with a heavy dosage of surplus reserves of INR 1.76 lakh crore late evening yesterday.
This slew of economy-reinvigorating measures by the GoI and RBI’s large-hearted contribution comes amid a time when India is surrounded by a global, synchronized slowdown. This time, with global pressure mounting and the Indian economy staring at a downside risk of 30bps-40bps, RBI loosened its grip on fiscal prudence and seems to have acknowledged stimulus as the need of the hour.
The Bimal Jalan committee was set up under the stewardship of the renowned former RBI governor Bimal Jalan with an objective to recommend ways to utilize RBI’s excess cash reserve and part transfer to the Government of India. Though RBI has been among the most resilient Central Banks globally in terms of deviating from the established norms for fiscal prudence, the committee’s recommendations were reportedly guided by the fact that the central bank’s resilience should be in line with larger public policy objectives.
O’ naughty Krishna, stealing butter sure was fun,
With friends supporting, it was a pretty good run
But Mommy waited around the corner with a loving whack,
And then, came a time when all had to be given back
Just a day before Indians celebrated the birth of the natkhat & loving Lord Krishna, the Finance Ministry presented Indians with more than one reason to celebrate the day with even more enthusiasm.
The biggest announcement making headlines is the withdrawal of recently proposed colossal surcharge rates applicable on investments in equity/equity-oriented schemes. The proposed surcharge took tax burden up to as high as an effective 42.7% which was obviously received with an equally massive backlash by foreign portfolio investors by way of heavy-duty offloading of Indian equities.
Ranked #1 in 10-year Gilt by last 1Y returns
Morningstar rating: ★★★★★
Return Capacity: High
Risk level: Below Average
Category: Debt: Gilt with 10-year Constant Duration
Last 1 yr returns (CAGR): 20.74% (as of August 23, 2019)
Minimum SIP Amount: Rs. 1000
As per SEBI’s circular, gilt funds with constant duration are defined as the funds which invest a minimum 80 percent of the assets in government securities. This fund has invested 94.67% of its assets in the safest instruments known as government securities (which usually gets SOV or Sovereign rating from the credit rating agencies). This means that these securities are backed by the government and are unlikely to default and thus they can be termed as virtually risk-free.
As a SEBI Registered Investment Advisor (INA200005323), we highly recommend you to start a monthly SIP of minimum Rs. 1000 in this fund (to get high returns at low risk with high liquidity).
Credit cards are issued by banks and financial institutions, allowing the customer to make purchases and pay for different services by borrowing money from them. A credit card also offers you benefit from rewards, cashback, interest-free period, and much more. The demand for credit cards into the Indian market is increasing rapidly, and for that reason, the banks and the financial institutions have launched plenty of credit card options for the customers to choose.
There is a variety of credit cards available in the market having different features and benefits linked to them. The most popular of them are premium credit card, business credit card, lifetime free credit cards, cash back credit card, co-branded credit card, fuel credit card, and many more.
“रिटर्न कितना मिलेगा?”
क्या आप भी अपने फाइनेंसियल एडवाइजर या बैंक मैनेजर से यही सवाल पूछते हैं, जब भी वह कोई नया इन्वेस्टमेंट प्लान लेके आपके पास आता हैं ? क्या आप सर्वाधिक रिटर्न देने वाले म्यूच्यूअल फंड्स नहीं पता होने की वज़ह से अपने म्यूच्यूअल फंड के निवेश को टाल रहे हैं? यदि हाँ, तो आप सही जगह पर आ गए हैं |
मायवे वेल्थ की अनुसंधान प्रणाली (जो की उन्नत वित्तीय मॉडल्स और बाजार के पुराने आंकड़ों का उपयोग करके बनी हैं ) के अनुसार 2019 के टॉप 3 म्यूच्यूअल फंड्स (पिछले 1-5 साल के रिटर्न्स के हिसाब से) इस प्रकार हैं :
|फण्ड का नाम||रिटर्न्स और किन निवेशकों के लिए उपयुक्त|
|एसबीआई स्मॉल कैप फंड (ग्रोथ/डायरेक्ट)|
SBI Small Cap Fund
|+18.63% (पिछले 5 साल का औसत सालाना रिटर्न)
स्मॉल कैप फंड, ज़्यादा रिस्क लेने की क्षमता रखने वाले निवेशकों के लिए उपयुक्त
निवेश की उचित अवधि: कम से कम 5 वर्ष
|मिरै असेट इमर्जिंग ब्लू चिप फण्ड (ग्रोथ/डायरेक्ट)|
Mirae Asset Emerging Bluechip Fund
|+18.09% (पिछले 5 साल का औसत सालाना रिटर्न)
मध्यम रिस्क लेने के इक्छुक निवेशकों के लिऐ मल्टी कैप फण्ड
निवेश की उचित अवधि: कम से कम 3-5 वर्ष
|आईडीएफसी गवर्नमेंट सिक्युरिटीज - कांस्टेंट मेचुरीटी फण्ड (ग्रोथ/डायरेक्ट)|
IDFC Government Securities Fund-Constant Maturity
|+21.49% (पिछले 1 साल का औसत सालाना रिटर्न)
कम रिस्क लेने के इक्छुक निवेशकों के लिए गिल्ट (डेब्ट) फंड
निवेश की उचित अवधि: कम से कम 1-3 वर्ष
क्या आपने ध्यान दिया की यह तीनो फंड्स पिछले 1-5 सालों मे फिक्स्ड डिपाजिट (एफ डी) से दोगुना से भी ज़्यादा रिटर्न्स दे चुके हैं?
दूसरे शब्दों मे, यदि आपने 5 साल पहले इन 3 फंड्स में से किसी एक फण्ड में महज 5000 रुपये की एसआईपी (SIP) चालू करी होती, तो सिर्फ 3 लाख रुपये की जमा राशि के बदले आपको 4.88 लाख रुपये का रिटर्न मिलता (18% के औसत सालाना रिटर्न के हिसाब से), मतलब आपको पूरे 1.88 लाख रुपयों का फ़ायदा होता |