Muhurat trading is around the corner

Muhurat Trading hour is starting in a few minutes, get ready to invest!

Muhurat Trading is just a few minutes away (from 6:15 pm to 7:15 pm)

This auspicious hour also embarks the beginning of the Hindu calendar year (Vikram Samvat 2076), and hence, any trade during these 60 minutes is considered to bring great prosperity and wealth.

If you are a long term investor (and not a trader), you can still take advantage of this shubh Muhurat trading by starting an SIP to get blessings of goddess Lakshmi.

Our research team’s recommendation is “Axis Bluechip Fund Direct Plan-Growth”, which has delivered 16.43% returns in the last three years. You can invest as low as Rs. 500 with SIP within just 5 mins.

Click on the button below to invest in Axis Bluechip Fund Direct Growth:

Dhanteras

This Dhanteras buy 24K Digital Gold and get 5% goldback!

The most awaited season for the celebration is just around the corner. That’s right!
October 25 the first day of Diwali, marks the festival of wealth “Dhanteras”. It is considered the most auspicious and apt day to buy precious metals, especially Gold, as it brings in wealth and prosperity. And why not? Gold investments have delivered upto 20% returns since the beginning of this year.

Though physical gold is the most preferred form of Gold among us Indians, its carries disadvantages such as storage trouble, fear of theft, no yield and high making charges. However, given our traditions and customs, we shouldn’t let go of the tradition of buying Gold on this special occasion, isn’t it?

You can buy this yellow metal and add it to your portfolio by buying it in its safest form with 24K Digital Gold. When you buy Digital Gold, every rupee is utilized in buying only pure gold thereby avoiding the inconvenience of making charges (which is stored in the secure locker from BRINK’s, a global leader in gold custodian services with 100% insurance cover).

Dhanteras offers! Buy gold instantly for as low as Rs. 1000 and get a 5% gold-back. You can also get hassle-free delivery of gold coins/bars to your doorstep with 50% off on delivery and making charges.

Happy Dhanteras from our team at MyWay Wealth!

Are Mutual Funds safe?

Why Choose Mutual Funds As Your Go-to Investment Option?

“An investment in knowledge pays the best interest.”
–Benjamin Franklin

Mutual funds are one of the most lucrative personal investment options available in India and it is has been booming in recent years with the advent of increasing accessibility, powered by the Internet. But, before we give you the reasons to consider investing in mutual funds it is essential that you decide on it with at least the basic understanding and knowledge of mutual funds.

What are Mutual Funds?

A mutual fund is simply a professionally managed investment fund that collects money from different investors to purchase company shares, stocks, or bonds. A mutual fund is generally managed by Fund Managers, who drive this investment vehicle to earn the highest possible returns.

In short, mutual funds are:

  • Money pooled from many individuals.
  • Professedly managed by Fund Managers
  • Well regulated by SEBI (Securities Exchange Board Of India)
  • Allowing you to invest in small amounts
  • Helps you earn returns higher than Fixed Deposits

What Makes Mutual Funds ‘Click’, for Investors?

This particular investment instrument is loaded with a lot of features and benefits. Let’s take a closer look at them:

  • Diversification:- Mutual Funds invest in 50-100 different investments. This feature reduces the risk of loss for an investor because it allows the investor to maintain a diversified investment portfolio.
  • Professional Management:- Mutual Funds are managed by professional fund managers who back the purchases with active research using financial methods and historical data of the fund. They make sure to put in a thorough analysis before picking the right companies to invest in, thus making sure that the scheme fulfills the investment objective.
  • Ease of Buying and Selling:- Investors can invest in Mutual Funds online within minutes. It spares cumbersome paperwork that investors have to go through if they have to invest from a bank. All you need is to complete the paperless online KYC (Know Your Customer) process, which takes less than 5 mins, and you are ready to invest.
  • Affordability:- Investments as small as Rs. 100 via SIP (Systematic Investment Plan) can be made and still allow the investors to earn high returns. However, the thumb rule is to stay invested for long periods to reap the benefits of the fund more.
  • Wide Range of Funds:- You are unique, and so are your investment goals. Mutual funds have a wide range of investment options that allow you to invest in funds that suit your risk capacity, financial situation, and investment goals. Right from equity to debt to hybrid funds, you can achieve all your investment needs with Mutual funds.

Why Should ‘You’, Invest in Mutual Funds?

Mutual funds make investing easier for you because each fund is designed to address different financial goals.  The most convenient way to invest in mutual funds is with SIP (Systematic Investment Plan). This allows you to start your investment with a minimum of Rs. 100 or more, based on your financial portfolio. A smart mutual fund investor always starts early. The more you delay, the more you will lose out on making higher returns.

How Can You Invest in Mutual Funds?

Investing in mutual funds is easy and have the following options:

  1. Direct investment
  2. Through Agents or Brokers
  3. Online (Recommended)

Why Invest in Mutual Funds Online?

There are innumerous benefits of investing in mutual funds online. Here are the reasons that matter:

  • Speedy Business Deal: The main benefit of online investment is the rapid execution of business transactions. With a simple click of the mouse, the investor can buy shares.
  • Simple Execution and Mere Formalities: We all know India is in the phase of digital transformation. People nowadays prefer online investment because it is an easy and time-saving mode of investment. There is no involvement of paperwork, all you need to do is update your bank details and complete the KYC (Know Your Customer) process, making you ready to invest online.
  • Comfort and Easy Accessibility: It offers the advantage of sitting at the comfort of your home and invest. The investors don’t need to travel for various deals. Instead, complete certain formalities online, and you can get all the investment options at your fingertips.
  • Secured Dealing: These days, online applications have been upgraded to provide the best security to the investors and make sure that their investments are safe and reliable.

Why Choose MyWay – Wealth App to Invest in Mutual Funds Online?

MyWay – Wealth comes fully charged and advantageous for the smart investor in you. Here’s how:

  • Zero Commission and Zero Fees
    You can invest in Direct Plan Mutual Funds on MyWay Wealth for free. You don’t have to pay any commission or fees to brokers or agents. Hence, you don’t lose a substantial amount of your investment money.
  • Portfolio Rebalancing
    MyWay – Wealth comes with this feature that helps you to get your risk covered through regular and periodical balancing of your investment portfolio.
  • Smart Recommendation Engine
    MyWay Wealth’s smart recommendation engine suggests funds that have outperformed the market based on significance financial models and historical data.
  • Insta Switch
    This feature allows you to switch from your regular plans to direct plans making it possible to earn 1-1.5% more returns on your investment.
  • Advance Research Reports
    Investors get access to superior, advanced, and smart fund reports. As an investor, this gives you complete control of your investments with complete transparency.
  • Portfolio Alters 
    This feature allows investors to remain updated about his/her current portfolio at any time, anywhere, allowing you to invest to make informed decisions.

What Makes MyWay – Wealth Safe and Secure for Your Investments?

Investments made on MyWay Wealth is 100% safe and secure, since:

  • MyWay Wealth is a SEBI registered investment advisor. (INA200005323).
  • Provides Bank Grade Security
  • All orders are executed via the Bombay Stock Exchange
  • 256-bit secure socket layer (SSL)
  • All payments are routed via BillDesk.

It is wise and necessary to remember that as an investor, it is of utmost importance to choose mutual funds based on your risk capacity and financial background. Education, awareness, and sound judgment can ensure that your investment journey with mutual funds will be fruitful and productive.

Download MyWay – Wealth and start building your portfolio today.

Save up to Rs. 46,800 in taxes and earn returns up to 15.11% (past 3Y)!

If you desire to earn high returns & save taxes under Section 80C, then MyWay Wealth has the right fund for your investment goal. Here is India’s #1 Ranked ELSS Fund for past 3Y returns.

“Mirae Asset Tax Saver Fund (Direct-Growth)”

★★★★★
Rated 5-star by Morningstar, CRISIL and Value Research

Return Capacity: High
Risk level: Average Risk
Category: Equity-ELSS (Open-ended)
Last 5 yr returns: 15.04% (as of September 26, 2019)
Min. SIP Amount: Rs. 500
Min. Lump-sum Amount: Rs. 5000

It is an equity-linked saving scheme with a 3 year lock-in period. By investing 72.52% is in large-cap stocks and just 25.76% in small & mid-cap stocks, this fund reduces risk due to equity exposure.

Mirae Asset Tax Saver Fund has yielded 15.04% CAGR (past 3Y), which is 6.71% more than the return of its benchmark – NIFTY 200 Total Return Index in the same 3Y duration (at 8.33%). Thus, generating long term capital appreciation from a diversified portfolio.

This fund provides a tax exemption of Rs.1.5 lakhs & tax-free returns on long term capital gains (LTCG) up to Rs. 1 lakh. Thus, it is a real winner when compared to other tax saving options such as EPF/ PPF (8%), Tax Saving FD (7-8%) and NPS (8%).

Toh der kis baat ki?

18% returns (past 5Y) in Mirae Asset Emerging Bluechip Fund. Invest Now!

Mirae Asset Emerging Bluechip Fund Direct-Growth

★★★★★ Rated 5-star by Morningstar, CRISIL and Value Research

Return Capacity: High
Risk level: Above Average Risk
Category: Equity: Large & Mid Cap (Open-Ended)
Last 5 yr returns: 18% (as of September 25, 2019)
Minimum SIP Amount: Rs. 1000

To boost total returns of your financial portfolios, we as SEBI Registered Investment Advisor suggest you take some risk by allocating at least 15-20% of the total portfolio in large & mid-cap funds. We recommend investing in Mirae Asset Emerging Bluechip Fund (ranked #1 in Large & Mid-cap category based on past 5Y Returns).

  • To reduce the risk that comes with equity exposure, the fund is well-diversified between small-/mid-/large-cap stocks (out of its 99.64% investment in Indian stocks – 52.41% is in large-cap stocks, 34.03% is in mid-cap stocks, 13.2% in small-cap stocks.)
  • Even though markets are down in past months (causing this fund’s benchmark, NIFTY Large Midcap 250 Total Return Index, to give 8.75% 5Y returns), Mirae Asset Emerging Bluechip Fund has yielded excellent returns of 18% (past 5Y CAGR), which is 9.25% more than the returns of its benchmark.
  • Fund manager’s insistence on a disciplined approach to investing, with a focus on quality up to a reasonable price along with diversification, has helped the fund in delivering consistently high returns with this fund when compared with other funds in the same category.
Maternity-insurance

What is Maternity Insurance?

Bringing a new life into the world is a big responsibility, be it a normal delivery or cesarean. The Maternity Health Insurance covers all pregnancy-related expenses from post-delivery care to vaccinations.
Some insurance service providers prefer to provide maternity benefit as an additional service and lowers the burden on your pocket. Some corporates offer their women employees the benefit of maternity insurance along with a health insurance policy. Also, in a majority of corporate group policies, maternity is a rider (add-on benefit) with a sub-limit of not exceeding Rs 50,000.

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senior citizen coverage

What is Senior Citizen Coverage?

Getting old makes you see life from a different perspective. Health is the first companion that starts deserting along with it your hard-earned savings. A Senior Citizen Health Insurance assists such times. There are various health insurance plans, specially designed for senior citizens.
Health insurance for senior citizens is offered by different insurance companies to provide you financial security by covering all your medical expenses. Gifting health insurance to your aged parents is the best way to care for their needs.

Why buy health insurance for senior citizens?

  • They are more prone to illness
  • You buy a plan to ensure that medical emergencies are taken care of in a systematic and hassle-free way.
  • Unexpected health issues and money crisis makes aged people feel guilty, and they think they are like a burden to a family.

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NPS

NPS – your perfect choice to save extra up to ₹15,480!

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…

National Pension Scheme

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!!

Gold Prices Spiked ~19% (YTD) Buy 24K Digital Gold Now!

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!!

  • 1gm of gold today costs Rs. 4000. But the price turns out to be high when you buy physical gold as it includes making charges and taxes.
  • Purchase of physical gold causes you to worry about its safety and maintenance. Leaving the gold at home can raise the concern of theft, whereas placing it at banks can cost storage charges.
  • Liquidity can be an issue — there’s no guarantee that you will get the complete resale value on your gold.

Is there a better alternative to physical gold?
MyWay Wealth has just the right solution. Buy gold for as low as Rs.1000 !!! Presenting…

24 karat Digital Gold with 99.5% Purity!

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!

What is Family Floater Coverage?

Family floater

A family floater is a health insurance plan that stretches out the insurance for the whole family rather than just a person. A family floater plan brings everyone in the family under an umbrella. Being secured under a single cover, each member of the family gets benefits under a bigger pool.

Which cover to buy? Individual or Family cover

Every insurance company offers these two covers in its health insurance products, and there are pros and cons in both of these covers. Let us compare the benefits and drawbacks of these covers so that you can take a better and wise decision regarding your purchase of a health insurance policy.

There are two types of family floater policies:

  1. Medical Insurance: This plan reimburses the cost of hospitalization (cashless treatment); it also provides a list of specific illnesses which are covered.
  2. Critical Illness: In case of diagnosis of a critical illness, this type of family floater policy pays out a lump sum amount to the policyholder.

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