Latest news with #SystematicInvestmentPlan
News18
2 days ago
- Business
- News18
Start With Goals, Not Just SIPs: CA's Advice To GenZ Investors
Last Updated: CA debunks the myth that starting a SIP equals smart financial planning, stressing the need for clear goals, timelines, and the right asset class. A CA has debunked the common misperception that mere starting a SIP equates to smart financial planning, saying, 'A SIP is a vehicle, not a destination,". In his post, CA Abhishek Walia, Founder of Zactor Tech, challenges a common belief among millennials and Gen Z—especially those in their 20s and 30s—that simply starting a SIP (Systematic Investment Plan) equals smart financial planning. The finance expert warns that without clarity on investment goals, timelines, and the right asset class, SIPs can become a case of 'expensive guesswork." Walia breaks down the common pitfalls of passive investing and urges young professionals to start with a goal, calculate the required corpus, and then plan monthly contributions accordingly. He suggests a structured approach: A SIP (Systematic Investment Plan) is a simple and disciplined way to invest in mutual funds. Instead of investing a large lump sum, you invest a fixed amount regularly—like Rs 500 or Rs 1,000 every month—into a mutual fund scheme. Financial goals are targets to achieve specific financial objectives within a specified timeframe. By establishing clear financial goals, one can take control of finances and work towards securing financial future. A good financial goal should be SMART i.e. Specific, Measurable, Achievable, Realistic and Time bound. First Published: June 30, 2025, 15:38 IST
Time of India
3 days ago
- Business
- Time of India
JioBlackRock Mutual Fund: 3 NFOs open for subscription today. Should you invest?
JioBlackRock Mutual Fund has announced the opening of new fund offer (NFO) of three debt funds - JioBlackRock Liquid Fund , JioBlackRock Money Market Fund , JioBlackRock Overnight Fund The new fund offer or NFOs of all three funds are open for subscription and will close on July 2. The funds will open for continuous sale and repurchase within five business days of allotment date. The schemes will offer only direct plans and the plan shall offer only growth options. The minimum application amount for lumpsum investment in all three funds is Rs 500 and any amount thereafter. Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Qualità Made in Italy. Velasca Undo The minimum amount for Systematic Investment Plan (SIP) is Rs 500 and in multiples of Re 1 thereafter in all the three debt funds. The funds will be managed by Vikrant Mehta, Arun Ramachandran, and Siddharth Deb. Also Read | Sensex vaults 11,000 points from April lows. Which mutual funds should you buy? Live Events JioBlackRock Liquid Fund JioBlackRock Liquid Fund is an open ended liquid scheme with a relatively low interest rate risk and relatively low credit risk. The investment objective of the scheme is to generate regular income through investment in a portfolio consisting of money market and debt instruments with residual maturity up to 91 days. The scheme is suitable for investors seeking regular income over a short term investment horizon and who want to generate income by investing in money market and debt instruments with maturity up to 91 days, according to the scheme information document (SID) of the fund. The scheme will be benchmarked against Nifty Liquid Index A-I. The fund will be managed by Arun Ramachandran, Vikrant Mehta, and Siddharth Deb. If an investor exits from the scheme one day after the date of allotment, the exit load as a % of redemption proceeds will be 0.0070%. If the exit is on day 2, then the exit load as a % of redemption proceeds will be 0.0065%. If the exit is on day 3 and day 4, the exit load as a % of redemption proceeds will be 0.0060% and 0.0055% respectively. On day 5, if an investor exits from the scheme, the exit load as a % of redemption proceeds will be 0.0050% and on day 6 will be 0.0045% and will be 0.0000% from day 7 onwards. The scheme will allocate 0-100% in debt instruments and money market instruments with residual maturity up to 91 days. The investment strategy would be towards generating regular returns through a portfolio of debt and money market instruments seeking to capture the term and credit spreads. The scheme shall endeavor to develop a well-diversified portfolio of debt and money market instruments. Liquid funds offer better returns than a regular savings account while maintaining a relatively low level of risk. These funds make investment in debt and money market securities with maturity of upto 91 days only. These funds are a good option for building or parking an emergency fund, or for temporarily holding funds Also Read | JioBlackRock Liquid Fund NFO to open on June 30. A safe bet for regular income? JioBlackRock Money Market Fund JioBlackRock Money Market Fund is an open ended debt scheme investing in money market instruments with a relatively low interest rate risk and moderate credit risk. The investment objective of the Scheme is to generate regular income through investment in a portfolio comprising money market instruments with residual maturity up to one year. The scheme will be benchmarked against NIFTY Money Market Index A-I. The fund will be managed by Vikrant Mehta, Arun Ramachandran, and Siddharth Deb. The exit load on this money market fund is nil. The scheme will allocate 0-100% in Money Market Instruments having residual maturity up to one year. The investment strategy would be towards generating regular returns through a portfolio of money market instruments seeking to capture the term and credit spreads. The scheme shall endeavor to develop a well-diversified portfolio of money market instruments. Money market funds invest in high-quality money market instruments and can generate slightly better returns than liquid funds, although they carry marginally higher risk. They are well-suited for investors looking to park surplus money from bonuses, windfalls, or contingency reserves, and who are seeking a balance between safety, return, and short-term liquidity. According to the Sebi mandate, money market funds make investment in money market instruments having maturity up to one year. Also Read | 11 NFOs to open for subscription this week, 3 belong to JioBlackRock Mutual Fund JioBlackRock Overnight Fund JioBlackRock Overnight Fund is an open ended debt scheme investing in overnight securities with a relatively low interest rate risk and relatively low credit risk. The investment objective of the scheme is to generate regular income through investment in a portfolio comprising debt and money market instruments with overnight maturity. The scheme will be benchmarked against Nifty 1D Rate Index. The fund will allocate 0-100% in overnight securities or debt and money market instruments maturing on or before next business day. The total assets of the scheme will be invested in debt securities and money market instruments maturing on or before next business day. In case of securities with put and call options (daily or otherwise) the residual maturity (deemed or actual) shall be on or before the next business day. According to a release by ICRA , the provisional rating assigned to all three funds is [ICRA]A1+mfs. Overnight funds are ideal for investors who need a very safe place to park their money for just a few days. These funds invest in instruments with a one-day maturity and carry minimal risk. They are well-suited for highly conservative investors, corporates, or individuals who want instant liquidity without exposing their money to market volatility. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Globe and Mail
25-06-2025
- Business
- Globe and Mail
SIP Calculator: Charting Financial Destiny: The Strategic Role of the Systematic Investment Plan
A SIP Calculator is an essential tool that helps investors understand potential wealth growth from regular investments by providing illustrative estimates based on user inputs like SIP amount, return rate, and duration. While offering features like instant results, lumpsum integration, and year-by-year analysis, it crucially serves as an educational tool. Investments are subject to market risks, advising consultation with a financial advisor. In an era defined by rapid economic shifts and evolving financial landscapes, the cornerstone of sound personal finance lies in adopting disciplined and strategic investment methodologies. Among the most accessible and profoundly impactful strategies for wealth accumulation is the Systematic Investment Plan (SIP). By advocating a consistent, incremental approach to investment, SIPs are uniquely positioned to harness the formidable power of compounding and the mitigating effect of rupee-cost averaging. To bridge the gap between aspiration and actionable strategy, and to illuminate the potential trajectory of consistent investing, the Systematic Investment Plan (SIP) Calculator has emerged as an indispensable analytical and educational resource for investors across all experience levels. A SIP Calculator transcends its basic function as a numerical tool; it serves as a critical facilitator of informed financial literacy. It expertly distills complex investment mechanics into readily digestible projections, enabling both nascent investors taking their first steps and seasoned financial veterans refining intricate portfolios to visualize the long-term impact of their regular contributions. By inputting key variables, users gain a tangible understanding of how an assumed rate of return can interact with consistent investments to cultivate significant future wealth. This profound educational utility is paramount for precise financial planning, empowering individuals to meticulously define, assess, and strategically pursue their life's most significant financial milestones, from securing a comfortable post-retirement life to funding a child's ambitious educational pursuits. Unlocking Potential: Essential Features of a Comprehensive SIP Calculator A well-designed SIP Calculator typically incorporates a suite of intuitive functionalities, each meticulously crafted to deliver clear, illustrative projections and foster a deeper understanding of investment dynamics: Illustrative Growth Projections: At its core, the calculator provides precise, illustrative estimates of the future value that monthly or quarterly SIP investments could potentially attain. This forward-looking analytical capability is invaluable for investors diligently mapping out their financial milestones, offering a glimpse into potential wealth creation under assumed conditions. Intuitive User Interface: Designed for universal accessibility, these calculators ensure that users, regardless of their financial background, can effortlessly engage with the tool. Key parameters such as the desired SIP Amount, a projected Expected Rate of Return (per annum) (which remains a hypothetical assumption), and the chosen Investment Duration (in Years) are entered with ease. Flexible Investment Frequencies: Recognizing the diverse financial habits and cash flow patterns of individuals, most calculators offer the critical flexibility to model returns based on both monthly and quarterly SIP contributions. This allows for tailored analyses that truly resonate with an individual's personal financial rhythm. Instantaneous Illustrative Results: Upon entering the necessary data, the calculator immediately presents a clear breakdown of "Your Investment" (the total principal contributed) and the projected "Future Value" of the investment. For example, a hypothetical monthly SIP of ₹6,000, factoring in an assumed 12% annual return over a 15-year period, could illustratively accumulate to approximately ₹29.97 Lacs. This powerful demonstration serves to highlight the exponential impact of consistent investment and compounding over time. Integrated SIP + Lumpsum Analysis (Conceptual): Many advanced calculators include a sophisticated feature that allows users to seamlessly combine their regular SIP inputs with hypothetical one-time (lumpsum) investments. This integrated view provides a more holistic, illustrative perspective on how comprehensive capital contributions might grow. For instance, a monthly investment of ₹5,000 at an assumed 12% return over 15 years, combined with an additional hypothetical lump sum, illustratively shows an invested amount of ₹9,00,000, with estimated returns of ₹14,79,657, culminating in a total value of ₹23,79,657. Detailed Year-by-Year Growth Visualization (Conceptual): To cultivate a deeper analytical insight, many calculators offer a comprehensive "Year-by-Year Growth" breakdown. This detailed table visually articulates how the invested amount and the total accumulated value could illustratively compound and expand annually over the specified investment duration, fostering a more profound appreciation for the intricacies of long-term wealth creation. Convenient Data Management and Sharing: For robust personal record-keeping or facilitating collaborative discussions with financial advisors, these digital tools commonly provide options to download PDF summaries of calculations or enable easy digital sharing. Essential Considerations: Understanding Returns and Risk It is imperative for every investor to fully comprehend that while a SIP Calculator furnishes invaluable illustrative estimates, these figures are purely hypothetical and do not, under any circumstances, guarantee actual returns. Investments in the capital markets are fundamentally subject to inherent market risks, including the potential for erosion of the principal invested. Consequently, the rate of return is neither fixed, assured, nor entirely predictable. A crucial tenet for all investors is that past performance serves no reliable indicator of future results. Ultimately, a SIP Calculator functions primarily as a powerful educational instrument. Its core utility lies in helping users conceptualize potential growth trajectories and understand the profound impact of varying investment amounts, durations, and assumed rates of return. It empowers individuals to grasp foundational financial concepts such as the Compound Annual Growth Rate (CAGR), which is instrumental in accurately assessing investment performance over specified periods. Furthermore, many such platforms contribute significantly to investor awareness by proactively addressing common inquiries about SIP calculation methodologies and their application in diverse mutual fund scenarios. The confluence of disciplined investing via SIPs and the analytical clarity provided by an accessible SIP Calculator forms a potent foundation for strategic financial planning. These indispensable tools empower individuals to meticulously explore diverse investment scenarios, precisely calibrate their contributions with their aspirational financial objectives, and embark upon their investment journey equipped with a clearer, more informed understanding of potential outcomes. While no calculator possesses the ability to predict the precise future, its capacity to illuminate the pathways toward informed financial decision-making remains undeniably invaluable. Investors are consistently urged to consult with a qualified financial advisor before committing to any investment decisions. Disclaimer: All calculations and figures presented are illustrative and for educational purposes only, not guarantees. Investments in the securities market are subject to market risks, including the potential loss of principal. Please consult your financial advisor before making any investment decisions.
The Hindu
21-06-2025
- Business
- The Hindu
Investors want to buy multiple financial products under a single umbrella, says Shriram Wealth's Vikas Satija
Chennai-based Shriram Group, which recently announced its foray into the wealth management business in partnership with South African financial services player Sanlam Group that globally manages assets worth over $80 billion, said it would serve India's growing base of affluent and high-networth investors with personalised solutions designed with the help of artificial intelligence. Shriram Wealth, the wealth management arm of the group, said it would offer a range of services including wealth management, lending solutions, protection solutions, global investment opportunities, inheritance and legacy planning. On market potential, Vikas Satija, Chief Executive Officer and Managing Director, Shriram Wealth told The Hindu that: 'India has 30 lakh households with each home having investable financial assets in excess of ₹2 crore. This opens up a huge market opportunity for wealth- management business.' Although new investor behaviours have been constantly evolving, the traditional Systematic Investment Plan (SIP) alone attracted ₹26,000 crore a month, which amounts to savings of ₹2,64,000 crore a year. 'This gives lot of depth to the capital market today and SIPs can even help absorb some of the pressure from Foreign Institutional Investor exits and overall, manage the pressure on the markets,'' Mr. Satija said. On emerging investor trends, Mr. Satija, said clients were increasingly looking forward to buying multiple products from a single company, unlike the conventional way of going to banks/NBFCs for deposits, insurance firms for various insurances, someone else for mutual funds etc. 'The emerging trend is, customers now prefer to buy all what they want, in terms of alternate investments, under a single umbrella. They want a Swiggy or Zomato for financial services,'' he observed. Paul Hanratty, CEO, Sanlam Group said, 'We see wealth management as a natural evolution as India's economy grows, and people become wealthier. Our aim is not just to manage money, but to create meaningful solutions. This isn't a short-term play; we're here to build a trusted, customer-first wealth business in India for the next 100 years.'' Shriram Wealth said primary target audience would be typically individuals in the 45 years plus, as generally wealth resided in that age group while additional thrust would be on customer relationship over number of transactions. The company would also be deploying artificial intelligence to enable personalised advisory, to make risk profiling sharper to ensure real-time portfolio recommendations. A digital mindset would make Shriram Wealth a provider that is anticipating investor needs rather than just responding. Subhasri Sriram, MD & CEO, Shriram Capital said, the new business, wealth management, was a mission of the company to unlock financial prosperity for millions of Indians.
Time of India
19-06-2025
- Business
- Time of India
Deepak Shenoy's Capitalmind Mutual Fund files its first draft document with Sebi for a flexi cap fund
Deepak Shenoy 's CapitalMind Mutual Fund has filed its first draft document with Sebi to launch a flexi cap fund - Capitalmind Flexi Cap Fund . The fund will be an open-ended dynamic equity scheme investing across large cap, mid cap and small cap stocks. The investment objective of the fund will be to generate long-term capital appreciation by investing predominantly in equity & equity related instruments across market capitalization i.e. large-cap, mid-cap and small-cap stocks. Also Read | ITC and Cochin Shipyard among stocks that Quant Mid Cap Fund bought and sold in May Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like New Container Houses Vietnam (Prices May Surprise You) Container House | Search ads Search Now Undo It will be benchmarked against NIFTY 500 TRI and will be managed by Anoop Vijaykumar . The fund will offer regular and direct plans both with growth option only. For each purchase of units through lumpsum / switch-in / Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), exit load on redemption / Systematic Withdrawal Plan (SWP) / Switch-out, will be as: (i) If units redeemed or switched out within 12 months from the date of allotment – 1% of the applicable NAV (ii) If redeemed/switched out after 12 months from the date of allotment, the exit load will be nil. Live Events The minimum application amount for lumpsum investment is Rs 5,000 and in multiples of Re 1 thereafter. For SIP, the minimum amount is Rs 1,000 and in multiples of Re 1 thereafter with a minimum of 6 instalments. The fund will allocate 65-100% in equity and equity related instruments of large cap, mid cap and small cap companies, 0-35% in debt securities & money market instruments (including cash & cash equivalents), 0-10% in units issued by REITs and INVITs, and 0-5% in units of mutual fund scheme. The investment objective of the scheme is to generate long-term capital appreciation by investing in equity and equity-related instruments across market capitalizations. We employ a rule-based active approach using proprietary rule sets developed through an analysis of market, macroeconomic, and fundamental factors. Also Read | Money market funds outshine liquid & overnight funds in May. Time to rethink emergency fund strategy? 'Our equity allocation decisions are data-driven, based on objective market variables, including but not limited to macroeconomic variables, current equity market valuations and interest rates. Final investment decisions will be taken by the Fund Manager(s) based on the data referenced above, but may also be based on specific subjective analysis of underlying securities,' the fund house said in the draft document. Stock selection and weighting utilize quantitative factor-based methodologies designed to achieve a balanced mix of attributes that support long-term performance within defined risk parameters. A factor represents any quantifiable attribute that significantly explains the risk and/or return characteristics of a security. The Scheme may employ single factors or combinations to enhance diversification and risk control. According to the draft document, the scheme will be suitable for investors who are seeking - long term wealth creation and investment predominantly in equity and equity related instruments across large cap, mid cap and small cap stocks.
