Should I go for dividend option or growth option? Which is better? This is one question every new mutual fund investor asks. Let’s consider some key facts: Mutual funds offer 2 options – Growth and Dividend. Within dividend, you can either choose to receive dividend in your bank or reinvest in the same fund – Payout and Reinvestment options respectively. When you […]
Start your SIPs using the PayEezz Mandate
The old way of doing SIP A SIP in a mutual fund is a powerful tool to accumulate wealth over the long term. To start a SIP, you just need to provide a one-time bank mandate through which you can make regular investments in your selected mutual funds. Typically, you need to give one mandate with each of […]
How to track your Financial Goals?
“What gets measured, gets managed“, is a quote attributed to the renowned management guru, Peter Drucker. A slightly different version of it says “What gets measured, gets done”. I am sure executives, professionals and business persons, who have to manage teams, projects, businesses and Profit & Loss, have come to hold these words as a mantra. […]
Investing in Equity Mutual Funds – an insider’s perspective
Individuals are keen to invest in mutual funds but there is this rampant confusion still prevailing on what exactly is a mutual fund and how does it work. Should one go for direct stocks or an equity mutual fund? The number of mutual funds out there compounds this confusion further. That’s where I reached out […]
New Investors: Know Your Mutual Fund
If there is “Know your Customer” then why not “Know your Mutual Fund” In some or the other way, every type of investment requires that a KYC – Know your Customer – be done. Basically, in KYC key information about you is captured and stored before you are allowed to make an investment. This is true […]
Are direct plans expensive than regular plans?
The case of expensive mutual funds Not a long time ago, there were sellers out there who used to convince prospective investors to invest in a mutual fund NFO or a New Fund Offer by showcasing a low price or NAV of Rs. 10. The existing plans which had a much higher NAV of Rs. 20, Rs. 50 […]