SHARE
How do you ensure the red marks in your financial report card don’t give you the blues when the unexpected strikes?
Recession, volatility, and economic downturn are all causes for worry. The best way to stay invested is to follow your personalized roadmap. Investments should be guided by your goals and backed by an accountable partner who can guide you through tough times. One way to maintain focus and stay disciplined is to take the systematic investment plan (SIP) route to investing in mutual funds.
What is SIP?
When you choose SIP, instead of investing a large sum at one go, you choose to invest a small amount at regular intervals in your chosen scheme. You can pick the SIP frequency—monthly, quarterly, or weekly. SIP will help you build a tidy corpus in a structured manner.
Benefit of SIP
SIP helps you make the most of both. When the market is low, the same amount will fetch you more units of the fund. When the gloom lifts, your SIP investments will offer higher returns as you will have accumulated more units. This is the magic of rupee cost averaging. Know that you will miss out on this if the depressed market conditions spook you into discontinuing your SIP.
SIP tips
Assess the level of risk you are comfortable with
Prefer hybrid funds that will give you diversification opportunities if your risk appetite is low. A balanced advantage fund will give you the benefit of exposure to various assets in varying proportions. During challenging times, a debt fund can be a saviour compared to a riskier equity fund. Hybrid funds offer investors greater diversification since these invest in various asset classes, including debt and equity.
Invest in a variety of mutual funds
Spread your mutual fund portfolio across three or four fund houses, if chosen actively managed funds.
Invest long-term
Set a long-term goal, of at least five years. This will help you maximize your returns.
Seek expert help
Financial planners can help you align your life goals with your investment plan, whether you’re investing for retirement, education, marriage, estate planning, or any other reason.
Start your personal wealth journey with us today!
Plan to Maximize Your Retirement Years
October 4, 2018
0 Comments
Leave a Reply
- 2019
- 2020
- Awards
- Banking
- Budget
- Cashflow Management
- CORPORATE
- Corporate Wellness
- Couple
- Cross Border Financial Planning
- Dreams
- FAQ
- FINANCE
- Financial Goal
- Financial Planning
- FINANCIAL TRANSITIONS
- FINANCIAL WELLNESS
- Goals
- Holidaying
- Housing
- Insurance
- Investment
- Market
- Money
- Mutual Funds
- NRI
- Portfolio
- Real Estate
- Retirement
- Risk Management
- Rupee
- Succession Plan
- Tax Planning
- Tax Return
- Technology
- Wealth Management
- Women
Categories
How do you ensure the red marks in your financial report card don’t give you the blues when the unexpected strikes?
Recession, volatility, and economic downturn are all causes for worry. The best way to stay invested is to follow your personalized roadmap. Investments should be guided by your goals and backed by an accountable partner who can guide you through tough times. One way to maintain focus and stay disciplined is to take the systematic investment plan (SIP) route to investing in mutual funds.
What is SIP?
When you choose SIP, instead of investing a large sum at one go, you choose to invest a small amount at regular intervals in your chosen scheme. You can pick the SIP frequency—monthly, quarterly, or weekly. SIP will help you build a tidy corpus in a structured manner.
Benefit of SIP
SIP helps you make the most of both. When the market is low, the same amount will fetch you more units of the fund. When the gloom lifts, your SIP investments will offer higher returns as you will have accumulated more units. This is the magic of rupee cost averaging. Know that you will miss out on this if the depressed market conditions spook you into discontinuing your SIP.
SIP tips
Assess the level of risk you are comfortable with
Prefer hybrid funds that will give you diversification opportunities if your risk appetite is low. A balanced advantage fund will give you the benefit of exposure to various assets in varying proportions. During challenging times, a debt fund can be a saviour compared to a riskier equity fund. Hybrid funds offer investors greater diversification since these invest in various asset classes, including debt and equity.
Invest in a variety of mutual funds
Spread your mutual fund portfolio across three or four fund houses, if chosen actively managed funds.
Invest long-term
Set a long-term goal, of at least five years. This will help you maximize your returns.
Seek expert help
Financial planners can help you align your life goals with your investment plan, whether you’re investing for retirement, education, marriage, estate planning, or any other reason.
Start your personal wealth journey with us today!
0 Comments
0 Comments