The evolution of financial markets has opened a wide range of investment options before the investors, wherein they may choose to investment product to suit their financial goals, risk profile and investment strategy.
Warren Buffet once said, “do not save what is left after spending; instead spend what is left after saving.” This quote emphasised prioritising savings in our financial lives. However, a lot of modern day youngsters prefer doing precisely the opposite – living in the present and spending on luxuries rather than focusing on the saving for the future.
Investing in mutual funds through Systematic Investment Plans (SIPs) helps the investors to inculcate financial discipline into their lives by allowing them to invest regularly in the mutual fund scheme of their choice. The investors may choose the mutual fund scheme as per their risk appetite, financial goals, and investment horizon, and register a SIP therein to make periodic investments.
One can indeed minimise their tax burden by utilising various eligible investment options to reduce the tax impact, and one of the most promising avenues therein is the Equity Linked Savings Scheme (ELSS).
Passive investing refers to an investment strategy of creating an investment portfolio that has a similar composition as an underlying index such as S&P BSE Sensex, NSE Nifty50 or a commodity, such as Gold. In passive investing, the investors invest with intent to replicate the returns of the underlying index/commodity.
A gold Exchange Traded Fund (ETF) is an investment option that tracks domestic gold prices. A single gold ETF fund unit will be equal to 1 gram of gold.
It is rightly said that investing is an art. While many investors know ‘how to build a Mutual Fund portfolio,’ but the real need is to know ‘how to build an ideal mutual fund portfolio.’ This article will aim at guiding you about constructing an investment portfolio that suits your risk profiles and your financial goals.
Capex cycle is one of the most important economic trends one needs to track in the macro space as it is a critical ingredient in order to achieve a higher trajectory of economic growth in later years. Making capex decisions are usually very complex.
Prudent financial planning involves listing down the financial priorities and then steadily working towards achieving the financial goals in the desired time frame. While you may have already taken your first step towards investing towards a healthy financial future by registering a Systematic Investment Plan (SIP), it is equally important to review the investment periodically. The performance review of the investment portfolio would allow you to align your financial priorities and financial goals.
It is said, "If you don't know where you're going, any road will take you there." Just like you must know your destination before you start your journey, you must determine the financial goal before you start investing. You must have a specific financial goal in sight. Be it saving for your child's education, buying a new house or saving for your retirement, linking your investments with your financial goals help you accomplish your goal in a better way.
