Mutual Funds

Can You Analyze My Mutual Fund Portfolio? Is it Right Time to Opt for Large-cap Funds for 3-4 Years?

What should I do when market is down
These are questions we receive daily, thru various mediums (like Quora). Is this right time to invest in Mutual funds? Which Mutual funds are best? What is the correct time frame to invest in Mutual Funds? and many more…
So today I am sharing summary of the answers I have already posted on Quora.
It’s great to see that you are clear on your investment objective. But what is not logical, is the fact that; you want “Advisory Services”, which is free of cost, and that too, thru an open forum like Quora. That’s the biggest mistake you are undertaking, for your savings.
First, Direct plans are only meant for people, who can do independent research on their own, i.e. don’t need any guidance or help whatsoever, whereas you are seeking help.

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My SIP is showing a lower return? What to do?

My SIP is showing a lower return? What to do?

India is going thru one of the most uncertain times; as national elections are due in a year’s time to decide on current incumbent or the new stakeholders, US trade war has intensified with Trumps unrelenting signature, Crude surge is unstoppable with OPEC targeting USD 100 per barrel, and many more related events.

All these events are resulting into stock markets behaving badly. This is where one gets to see a difference between the Matured & Panic state of mind.

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Mutual Funds = 2-minute Maggi Noddle

Is mutual funds selection as easy as instant noodles?

Sounds exciting! This is the story of Mutual funds today.

We all are looking at Mutual Funds like a 2-minute Maggi noddle. Maggi is promoted as an instant noddle, i.e. it can be cooked in flat 2 minutes, without any hassle & help, compared to Chinese noodles, which requires time & effort.

Mutual Funds on a similar note, are projected as the best investment avenue, where one can easily shortlist funds (with diverse options), and execution (buy) takes not more than 10 minutes effort (as claimed by many).

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Mutual Funds Guide to Millennial

Mutual-Funds-Guide-to-Millennial

Akash just completed his MBA and landed a six figure salaried job in IT company. The shift from small town to city with its fast lifestyle made him ecstatic as his dreams came true. Work hard and party harder became his life. At the same time, he fulfilled his family obligations by taking care of his parents. His girlfriend born and brought up in city had a problem of plenty. Living life today was the mantra. But a sudden economic slowdown and many of these young generation had no saving to fall back on. Welcome to the millennial generation of urban India.

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Mutual Funds Name Change, Category consolidation – how does this affect me?

Mutual Funds Name Change

“What’s in a name? that which we call a rose by any other name would smell as sweet.”
― William Shakespeare, Romeo and Juliet

Most Indian mutual fund managers won’t agree with the above quote. SEBI has instructed Mutual fund companies to distinguish different schemes in terms of asset allocation and investment strategy. The aim is make it easier for the investor to compare the products. According to the regulator, AMCs use these names as marketing tools to attract customers and many of the new buyers may not fully understand the scheme. This makes sense if one has to choose from around 1998 mutual fund schemes (AMFI March 2016 newsletter) that have raised funds till date.

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Market Meltdown: Shall I Invest or Wait?

Market Meltdown

“Alice: Would you tell me, please, which way I ought to go from here?
The Cheshire Cat: That depends a good deal on where you want to get to.
Alice: I don’t much care where.
The Cheshire Cat: Then it doesn’t much matter which way you go.
Alice: …So long as I get somewhere.
The Cheshire Cat: Oh, you’re sure to do that, if only you walk long enough.”  – Lewis Carrol, Alice in Wonderland

Every time the stock markets react, I’m reminded of the above dialogue. Firstly, many who look upon stock market as source of wealth creation have not decided their financial goals. Secondly it is important to sit back and understand the event that lead to fall or even rise, instead of reacting. Let’s look at each of the above points further deep.

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SIP – Stop, Switch, or Increase, what do I do?

SIP--Switch

With market at an all-time high, we been getting queries in all possible formats from our customers, on what do I do with my SIP (systematic investment plans) in Mutual Funds?

My suggestion; find your own reason on what you want to do with your SIP. But strictly, do-not get swayed by the market jump or the recent surge, or even a dip in the future(which can also happen). As per studies conducted on the human behaviour, most of the time we react or make panic decisions based on the external factors,and miss out on the larger picture, or the long-term benefits.

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CHILD PLANS – frequently asked questions

Child Plan-FAQ

What are Child Plans?
Which Child Plan to Pick?
How is Sukanya Samriddhi Scheme?

What are Child Plans?

Child plans are predominantly covered by Insurance companies, where currently plans have a fixed premium, to be paid over a period and invested money/ returns paid back when the child enters a certain age (which is generally 16, 18 and/or 21). The main drawback of these type of plans:

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Aadhaar Card Number Linking; to your Mutual Funds Portfolio

how-to-link-mutual-funds-with-aadhaar

#Update: Aadhaar Card Number Linking deadline extended to 31st March, 2018.

31st Dec is the deadline, to link your Mutual Funds Portfolio with your Aadhaar card no.

Below is your “Easy Self Use Guide”, to upload same with respective registrars.

CAMS Registrar:

Mutual Fund Companies serviced:HDFC, DSPBlack-Rock, Birla Sunlife, HSBC, ICICI Prudential, IDFC, IIFL, Kotak, L&T, Mahindra, PPFAS, SBI, Shriram, Tata&Union Mutual Fund.

Web Link: https://adl.camsonline.com/InvestorServices/COL_Aadhar.aspx

Step 1: Visit CAMS page  website above and enter your PAN number,along with your registered Mobile number (you can also select date of birth or registered Email-ID).

Step 2: On the next screen,you have to provide your Aadhaar number, registered Mobile number linked with your Aadhaar or registered Email-ID (optional).

Step 3: You will receive an OTP, which is to be entered on the next page to complete the verification.

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Invest in 30 seconds!!!

buy mutual funds online

At Moneyfrog.in, we have recently released the latest version of Moneyfrog Android App. We have made it Simpler, Easier & Fun-filled for customers to relate, understand & finally make decisions, towards online mutual funds execution (buy/ sell).

Smart phone has become the magic-wand of future, and controls literally everything. Mobile app plays the connecting role with the customers & the manufactures (products or mutual funds). The usability, design, flow & speed are some of the key parameters which makes an app successful.

With the android release, we have tried solving the first part, i.e. we want first time customers to relate, understand, activate & execute on their own.

We are looking at 1lac+ downloads in the next 6 to 9 months, with various marketing campaigns planned. Since we are “work in progress”, we will have new release happening every fortnight on new features henceforth.

Moneyfrog Consultants Private Limited, is an AMFI registered Mutual Fund distributor, managing AUM upward of 250crs, with a registered customer base of 11k.

Next android release; we will go live on NSE NFM-II API integration, which will include all AMC’s schemes being part of the execution platform.

** iOS release be done by Jan18.

Mutual Fund Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not an indicator of future returns.