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Tag: Mutual Funds

  • Mutual Funds Sahi Hai releases ‘Rishtey Nibhaana Sahi Hai’ campaign for the festive season

    Mutual Funds Sahi Hai releases ‘Rishtey Nibhaana Sahi Hai’ campaign for the festive season

    Mumbai: The Association of Mutual Funds in India (AMFI) has released a set of two new films for the festive season. Created by Mirum India, these take a slightly different course from other communications in the category. The narrative is around relationships, something that is relevant not just from a festive season point-of-view, but also from an investment one.

    Speaking on the creative lens of the campaign, Mirum- ECD Naila Patel said, “When Mutual Funds Sahi Hai campaign launched, it almost seemed like an oxymoron. The only thing people knew or recollected about Mutual Fund communication was the disclaimer that said ‘It’s risky, be careful’ in a complicated way. But the campaign changed it all and now Mutual Funds and Sahi Hai seem to have become synonymous with each other. Hence this reiteration of ‘Sahi Hain’ to other walks of life becomes very relevant and fluid.”

    The campaign looks to harp on ‘unspoken’ relationships that go beyond our normal circle of family and friends, even as they give joy, peace, hope, strength and goodness. These stories are woven around celebrating and maintaining those relationships while making us realise their importance by imploring us to say ‘Sahi Hain’ to all these relationships as well.

    “When you look at any relationship, you understand that making it work isn’t easy. There is a certain amount of commitment, dedication and patience required. Just like investments in Mutual Funds,” says Franklin Templeton India director for products & marketing and member of the digital committee at AMFI Juzer Tambawalla.

    Elaborating further, director (brand strategy & client services) Mohit Ahuja said, “All investment communication typically speaks to the mind, as is logical. AMFI’s long-running Mutual Fund Sahi Hai campaign has beautifully simplified the logic. With this new ‘Rishtey Nibhaana Sahi Hai’ spin, we aim to speak to the heart and make MFs be seen in an endearing light too. This secondary campaign also gives us another umbrella to use as and when required and adds back to the original thought. And what better way to start than the festive season.”

  • CNBC-TV18 ropes in mutual fund experts to answer investor queries

    CNBC-TV18 ropes in mutual fund experts to answer investor queries

    MUMBAI: Amid the COVID-19 outbreak, Network18’s English business news platform, CNBC-TV18, presented an expert-led knowledge sharing experience to its audience. The objective of this initiative was to raise awareness on its implications on the market and investments.

    Through its show, Your Investment Guide, the channel interacted with top mutual fund houses and brought together industry experts to address significant issues related to the ongoing market mayhem.

    The channel has launched a #AskCNBCTV18 digital campaign across its social media platforms to aid its audience identifying the right options available for long term wealth creation opportunities and resolve their queries. 

    Hosted by CNBC-TV18’s ace anchor, Surabhi Upadhyay, the show provided an opportunity for the audience to raise the queries via #AskCNBCTV18 and get real-time advices on the show from the panel of eminent experts.
    The show featured mutual fund maestros addressing audience queries related to stock market, personal finance and other investment guidance. 

    Industry experts that participated at the show were: Morningstar Investment Advisor India's director and fund research Kaustubh Belapurkar; SBI Mutual Funds chief executive officer and managing director Ashwani Bhatia; Aditya Birla Sun Life AMC chief executive officer A Balasubramanian, Edelweiss Asset Management chief executive officer Radhika Gupta and DSP Investment Managers and Plan Ahead Wealth Advisors president Kalpen Parekh.

    The panel of experts responded on queries posted on social media, that ranged from, ‘What are the best ways for Indian residents to invest in US Stocks/Index?’, ‘Is it the best time to invest in Index fund?’, and ‘Need information and understanding about ETFs in India?’ amongst others. 

    In addition, the riveting conversations offered an in-depth analysis and expert-led advices on how to navigate through the stock market fall, how to revisit the mutual fund portfolio and investments that can be made during a global health pandemic.

  • PhonePe launches a new Savings Product to help Indians earn more

    PhonePe launches a new Savings Product to help Indians earn more

    Mumbai: PhonePe, India’s leading digital payments platform today announced the launch of a new savings product ‘Liquid Fund’ on its app. The all-digital product will help over 175 million PhonePe users grow their savings by earning higher short term FD-like returns with the ease and liquidity of a Savings Account.  

    Users can begin saving with as low as Rs.500/- in a completely secure and paperless process in less than 5 minutes. Liquid Funds are the best way for new users to experience Mutual Funds as the money is invested in safer instruments such as bank and government securities. Customers can withdraw their money instantly – anytime and from anywhere*. There is no lock-in period and the customer does not have to maintain a minimum balance. The best part is that customers can watch their money grow every day.

    With this launch, PhonePe is taking large strides towards its goal of expanding awareness and adoption of Financial Services products in India. PhonePe aims to achieve this by creating simple products and offerings that are intuitive for customers to understand and easy to apply for. PhonePe’s Liquid Fund product is targeted at users across India including those from smaller towns and cities, who have never experienced solutions beyond Savings Accounts. PhonePe already sees over 56% of its transactions from Tier 2 and Tier 3 cities.    

    Speaking on the launch, Terence Lucien, Head of Mutual Funds, PhonePe, said, “This is our second product in the Mutual Funds space after Tax Saving Funds where we have created a completely digital investment flow for our users. Liquid Funds will allow millions of our users to earn higher returns on their savings with the ability to withdraw their money instantly 24×7*. We will continue to add more such financial solutions for our users to manage their money and fulfill their life aspirations in a better way.”

  • Retirement Planning- The Basics that you need to keep in mind

    Retirement Planning- The Basics that you need to keep in mind

    Retirement planning is extremely important for every individual, irrespective of their career trajectory and financial background. A solid retirement plan is a must to get you through the twilight years without any compromises or financial hurdles. What comes to your mind when you consider the term retirement planning? This is basically the process where you work out your income based goals after retirement and the current steps required for achieving the same.

    Working out the right retirement plan involves first zeroing in on income sources, forecasting future expenditure, sticking to a plan for increasing savings and also the management of risks and assets. The best retirement plans are those which cover future needs including medical care, emergency funds, post-retirement goals like buying a house or taking a vacation and also monthly expenses for the rest of one’s lifetime. You can start planning for retirement at any time in your career but as they say, the earlier the better!

    Delving deeper into retirement planning

    There are several types of retirement plans that are at your fingertips. You should always invest wisely in future retirement schemes, having clear information about the investment channel/avenue, the returns to be expected, market risks and the amount to be invested periodically among other factors. You should carefully plan the corpus that you wish to build for your post-retirement years. This should encompass all your lifestyle preferences including buying property, taking holidays every year, eating out, buying gadgets/appliances, buying something for your children/grand-children, investing in your children’s future, weddings, medical emergencies and so on.

    Putting aside ample funds for the post-retirement years is of crucial importance. You should start investing as early as possible to reap the benefits later on. Planning for retirement should start long before your actual retirement. You should have a proper number in mind after thoroughly analyzing your future needs and also taking future inflation rates into account. Many people say that you require at least Rs. 1-2 crore to enjoy a comfortable retirement. Some say that you should accumulate enough money to sustain yourself on 80% of your monthly income post retirement. Suppose you earn Rs. 12 lakh annually and hence you should be able to sustain yourself on Rs. 9.6 lakh every year. This works out to around Rs. 1.92 crore or roughly Rs. 2 crore for a period of 20 years. Consult financial experts to work out how much you should be saving for retirement.

    Stages of planning your retirement

    There are several stages of life when you should be planning for retirement by investing as per your budget. Here are the key retirement planning stages.

    ●    21-35 years of age- This is the time when probably building a retirement plan or corpus will not be on your mind. However, you should remember that the earlier you start, the more you will benefit from the power of compounding. At this early professional and personal stage, you will have more money to be invested. Compound interest will enable interest earnings on top of interest and the more years you keep at it, the more will be your accumulated savings. Suppose you invest just Rs. 5,000 every month at the age of 25 when you start working. This will be worth at least 3-4 times more if you invest it at this young age rather than if you start investing at the age of 50 or so. This is the power of compounding interest. Check out the right mutual funds or stocks for investments and stay invested for a long time period. This will help you create wealth considerably. Try and invest at least 20-30% of your monthly income for your retirement. Contribute at least the amount deducted by your employer by way of PF.
     
    ●    36-50 years of age- This is the time when your income goes higher but expenses mount as well including the cost of starting a family, repaying higher education debt, home loans, weddings, children’s expenses, car loans and so on. Yet, you should continue saving for retirement. Maintain your original systematic investment plans or other mutual fund investments. Make sure that you and your family are insured both for life and health. Also try and utilize bonuses or surplus funds for investments.

    ●    50-60 years of age- This is the time when your income is at its peak and you have possibly managed to cover a lot of your debt and other liabilities. This is when you should invest all your surplus monthly income into aggressive investments for beefing up your retirement corpus. You already have your home and insurance investments ready. You can now diversify into other mutual funds and stocks, particularly of blue-chip companies if you desire. You can take a few risks, i.e. by investing in high-return funds which are subject to market volatility. This is the decade when you make up in terms of your overall savings.

    Why mutual funds or stocks?

    You should consider mutual funds or stocks for investments tailored to serve you well after your retirement. You must already know that conventional means of investments like bank deposits, real estate and PPF among others, are either constrained by falling rates that will not outstrip inflation or come with long lock-in periods or even liquidity issues. As a result, while you should always have a diversified portfolio with some real estate, some insurance and some conventional investment allocations, remember that to beat inflation, you should carefully invest in stocks and mutual funds. These are avenues which can give you good returns that easily surpass inflation.

    However, you have to stay invested for the long haul and should be ready to suffer minor market blips in the course of time. Be patient and let the corpus accumulate over a period of time. Additionally, do your research and choose the best funds for investments. Always consult the experts like Groww which helps you plan and manage your investments to perfection. The transparent and user-friendly investment platform will enable steady wealth creation for retirement along with all the advice and inputs that you require from expert professionals. Here’s to a healthy retirement kitty!

  • Times Network & Association of Mutual Funds in India (AMFI) announce Jan Nivesh, an investor awareness initiative

    Times Network & Association of Mutual Funds in India (AMFI) announce Jan Nivesh, an investor awareness initiative

    Mumbai: Times Network, a part of India’s largest media conglomerate, The Times Group and AMFI in a strategic partnership, today announced India’s biggest Mutual Fund awareness campaign, ‘Jan Nivesh’.

    Reaching out to millions of Indians the Jan Nivesh campaign will educate, inspire and encourage Indians to change their financial habits to create wealth smartly by investing regularly in Mutual Funds and thus, make every citizen of India an equal participant in India’s economic growth story. The campaign will urge citizens to take a pledge to invest one days income in mutual funds, every month.

    MK Anand, MD & CEO, Times Network and A Balasubramanian, Chairman, AMFI & CEO, Birla Sun Life Asset Management Company Ltd. Jointly unveiled the new logo – Jan Nivesh, an investor awareness initiative by AMFI and Times Network.

    Stalwarts from the mutual fund industry that included A Balasubramanian, Chairman, AMFI & CEO, Birla Sun Life Asset Management Company Ltd., Nimesh Shah, MD and CEO, ICICI Prudential Asset Management Company, Sundeep Sikka, Executive Director & Chief Executive Officer, Reliance Nippon Life Asset Management ​Ltd., Anuradha Rao, MD and CEO, SBI Mutual Fund, Nilesh Shah, MD, Kotak Mahindra Asset Management Company, Leo Puri, MD, UTI Asset Management Company Ltd & Kailash Kulkarni, CEO, L&T Investment Management Ltd came together on a panel to discuss ‘Jan Nivesh: Financial Inclusion for the Entire Nation’. The panel was moderated by Nikunj Dalmia, Editor, ET NOW.

    Commenting on the partnership, M K Anand, MD & CEO – Times Network, said “Our association with AMFI who represent all registered Asset Management Companies under SEBI will go a long way in assisting Indians to plan their savings in a smarter manner and aid in India’s economic growth in the long run. The Jan Nivesh campaign aims to educate and inspire Indians to review their savings behaviour and consider investing in mutual funds as their main option over the years. The current buoyancy in Indian markets is an added incentive with investors across categories making noteworthy gains. We are proud of this association with AMFI and believe that this endeavour will help the common man Rise with India.”

    Mr. A Balasubramanian, Chairman of AMFI commented, “There is a clear case of under-penetration of mutual funds among the households in India. With Jan Nivesh, we aim to reach out to the corners of the country and educate them on the benefits of regular investing in mutual funds.”

    Catch India’s biggest mutual fund campaign announcement on ET NOW, India’s leading English Business News channel!

  • ‘Wealth Manager’ – Coming soon on Bloomberg TV India

    ‘Wealth Manager’ – Coming soon on Bloomberg TV India

    Mumbai: Bloomberg TV India, the country’s leading English business news channel, will unveil the show “Wealth Manager”. The first ever show on Wealth management will highlight the challenges, opportunities and risk of managing wealth in a growing market like India.

    Bloomberg TV India will focus on the crucial sectors of Wealth Management like Insurance, Mutual Funds, International investments, Equity, Real Estate, Estate planning and Gold to give a 360-degree view on each sector. The Channel will bring together the very best financial advisers, wealth managers and private bankers to share insights, analysis and advice.

    Wealth management as an investment-advisory discipline incorporates financial planning, investment portfolio management and a number of aggregated financial services.

    Commenting on the show launch, Ms. Mini Menon, Executive Editor, Bloomberg TV India said, “Looking at the way the markets have run up so intensely in the last few months, there is still a lot of opportunity waiting to get invested in the Indian market. Managing wealth will be a bigger challenge in 2015. ‘Wealth Manager’ is our attempt to look at the reality and on ground picture of the sector and the show will enable the viewers to take informed decision. We are delighted to start our series with a focus to provide deep insights on the industry and highlight emerging trends to our viewers.