Last few years the equities markets have been extremely volatile and hence retail investors have kept away from equity markets. Having seen the investments value drop to 50% or 40% of the initial investment, the common man has been extremely apprehensive of investing in equities. Smart investors were trying to take shelter under Gold, but now that Gold has paused in its rally, people are searching for new avenues. Equities belong to the growing asset class and any portfolio which has a long term view is incomplete, until it has a bias towards equities. Various studies have shown that an ideal long term portfolio should consist 60 – 65% of equities investment.
Given the current scenario investing directly in Equities is not safe, hence it is suggested that investors take the safe route of investing in equities mutual funds and that through via the systematic investment plan (SIP). Under systematic investment plan the investment is made in parts rather than making the investment lumpsum.
What is a mutual fund?
In simple words mutual funds can be explained as an investment scheme where small investors deposit small amounts with an asset management company, who then appoints a portfolio manager, who invests that money based on his prudence and the profits earned are shared with the investors, in the ratio of investment made by them”.
All the major companies such as ICICI prudential, HDFC mutual fund, SBI mutual fund, UTI mutual fund, Tata mutual fund, Fidelity, Franklin Templeton, Axis mutual fund have different schemes that suit different purposes and investors should choose the scheme very carefully.
How to purchase fund schemes online?
With technology advancement buying mutual fund plans slowly but steadily moving from the offline mode to the online mode. Investors now have a choice of opening an online account with investment portals such as http://www.NRIcapital.com. Once the account is opened, the investors can make investments in mutual funds from various asset management companies online itself. There is no need to send separate forms for different asset management companies, no need to send various cheques, no need to log into different sites to see how the investment is performing. All this can be done under the same platform.
3 Easy steps to open a mutual fund account:
STEP 1 >> Register for your free account by leaving your details at http://www.NRIcapital.com/
STEP 2 >> Receive your username and password. Login using the same by clicking on http://www.NRIcapital.com/
STEP 3 >> Send the form along with the required documents.
STEP 4 >> Log into your account to buy or sell/redeem your schemes – everything electronically!
Similar to investing money in such schemes, getting redemptions of your investments is also done online itself. The redemption/sale request is made online and the money goes back into he account the investment was made through within 2 working days. account is processed and you are ready plan, make your investments and track the same all under the same platform.