We will keep this short and straight. #1 Renaming of the dividend plan to IDCW The dividend plans of mutual funds are now called IDCW or Income Distribution and Capital Withdrawal plan. You see, dividends with mutual funds hardly ever made sense. They only redistribute any money earned via dividends from stocks or interest on […]
Busted: Sales pitch of the exciting investment proposal
Message: Would you like to meet up in Delhi NCR between 21st and 24th of September? Just reply to this email with your details and city of interest (Delhi, Gurgaon, Noida). Thanks! Two months ago, I received an investment proposal. I was told that I should go for a 30 year home loan, instead of […]
Start your SIPs with ePayeezz, completely online, no paper
Finally, you can start your SIPs completely online on Unovest via MFU. The bank mandate PayEezz can now be registered online with no paperwork, no courier(s), no waiting, no follow ups. Here is how you can do your own ePayEezz. (Update Nov 2018: The online payeezz registration via Aadhar has been discontinued. You can download […]
How to build an SIP portfolio of mutual funds?
“SIP mein invest karna hai.” or “What do you suggest – SIP or mutual fund?” Too often, investors believe that a mutual fund and an SIP are two different things. It’s a misunderstanding. An SIP, the short form of Systematic Investment Plan is a method of investing in mutual funds. When you make a regular investment […]
SIP – Understanding the Systematic Investment Plan
Is SIP a name of a mutual fund? After seeing scores of advertisements about how SIPs helped investors create wealth, every new investor is asking: “Tell me the best SIP.” The term “SIP” has become a confusion for new investors. They think it is an investment option. Well, the fact of the matter is that you don’t invest in […]
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 […]
