Blog

Best Mutual Funds to invest in 2015

Mutual Funds

-

October 31, 2014

Indian Stock market is on full swing. Nifty and Sensex is all time high. Nifty has recently crossed 8300 level. As an investor you must be thinking whether to invest more or to stay away from market, well best is to participate in market, and if you want to tradeoff risk best is to invest using mutual funds. I am herewith Best Mutual Funds to invest in 2015.

Before we move on to best mutual funds I would like to clarify that selection of these mutual funds are done based on following aspects:-

Fund Performance over past 3 years
Rating and Reputation
Capability of giving future performance

Best Mutual Funds to invest in 2015

Large Cap Mutual Funds

These types of funds invest large portion of money in companies with large capitalization.Large cap funds generally provide stable and consistent returns over a period of time, it may outperform and give best returns based on market performance. Risk explore is moderate in large cap funds.

Large Cap Mutual Fund	RETURNS (%)
	6 mth	1 yr	3 yr
Birla Sun Life Top 100 (G)	29.5	44.2	22.5
BNP Paribas Equity Fund (G)	35.3	42.2	21.9
SBI Blue Chip Fund (G)	31.3	44.3	23.4
UTI Equity Fund (G)	31.9	44.6	21.3

Small & Mid Cap Fund

These types of funds invest in small and mid cap companies. Risk return ratio is quite high in Small and Mid cap funds.

Small & Mid Cap Fund	RETURNS (%)
	6 mth	1 yr	3 yr
Can Robeco Emerg-Equities (G)	56.5	98.3	32.3
Franklin (I) Smaller Cos (G)	47.9	90.4	36.5
Reliance Small Cap Fund (G)	62.2	119.5	35.2

Debt Mutual Funds

These types of funds invest in fixed income securities like bonds, MIP or treasury bills.

Debt fund provides fixed type of returns in limit. Debt fund investment is recommended for investors who don’t want to take any risk in volatile market.

Debt Mutual Fund	RETURNS (%)
	6 mth	1 yr	3 yr
HDFC High Interest – Dynamic	7.6	11.4	10
Reliance Dynamic Bond (G)	6.6	10.3	10.3
UTI Dynamic Bond Fund (G)	6.7	11.9	10.6

MIP

Monthly Income Plan provide stable monthly returns to investor. Those who are looking for monthly income can invest in this mutual fund.

MIP	RETURNS (%)
	6 mth	1 yr	3 yr
Birla SL MIP II-Wealth 25 (G)	15.2	23.4	13.5
UTI MIS – Advantage Plan (G)	12	19.7	12

Please note that I am not holding any position in mention mutual funds. Before Investing in any mutual funds mention above you must take advice from your financial planner and take investment decision based on your goal and risk appetite.

I personally recommend you to invest in Mutual Funds via SIP route. You will defiantly find difference in return. SIP Investment returns are always high compare to one time investment returns.

Do you hold any position in above mutual funds? Do share your experience with us.

All return figures are taken from http://moneycontrol.com

Kaypay – Easy Facebook Money Transfer

Personal Finance

Shitanshu Kapadia

-

October 26, 2014

0

Kotak Mahindra bank has recently launched social banking initiative called as “Kaypay”. Kaypay is easy Facebook money transfer platform. It is a simple & yet secure way to send money to your friend and relatives using facebook. For this you even don’t require net banking or debit cards.

How Kaypay works?

With Kaypay you can transfer money with 3 simple steps. Login to Kaypay app using facebook, provide details of your bank like account number, CRN, mobile number etc. Once you are done follow step given below for money transfer.

Step 1: Select a friend from your Facebook friend list to whom you want to transfer funds
Step 2: Enter the amount you want to transfer
Step 3: Authorize the transfer using one time password (OTP).

Unique Features of Kaypay

The following are some of the unique features of Kaypay that cannot be observed anywhere else:

You don’t even need bank details and IFSC code of recipient
This innovative application enables you to transfer money to your Facebook friends, whether you or your friend have an account with Kotak or not.
To use this it is not necessary to have bank account with Kotak Mahindra Bank. This platform support 28 different banks.
Money transfer within 24 hours.
This is world’s first Facebook based money transfer platform.

Security & Privacy of Kaypay

Every transaction requires an OTP (One Time Password) in Kaypay. This OTP generation will take place outside facebook.
All authentication and verification would take place at Kotak Mahindra’s servers.
This app will not post any message/update on your Facebook account, without your permission
No bank account details would be shared with Facebook

Banks supporting Kaypay

This is second initiative by Kotak Mahindra Bank. Earlier JiFi account was launched by Kotak Mahindra Bank for social media users.

Do you use this app? Do share your experience here.

Entrepreneur Success and Time Management

Business Ideas

Shitanshu Kapadia

-

October 5, 2014

0

Entrepreneur Success and Time Management

My friend wanted to be successful entrepreneur. He left his job and started small business before few days. Business was running very well at starting, in order to save money he decided not to keep any employee. He was acting as one man army and doing all work required for business. Soon he started facing problem in managing time & deciding priority. He started facing loss in business and he has no option but to close the business.

Like my friend today many entrepreneurs and would-be entrepreneurs face the problem of time management. If you are operating on small-scale you can personally control every aspect of the business. But if you are operating on large-scale it is required to manage time and delegate task. You must learn how to manage your time and delegation. If you don’t learn this, you will never be free and your company will never grow. Today we will discuss about Entrepreneur Success and Time Management.

As an entrepreneur you should have skill of getting things done by other, In other word you should delegate as much as possible. If you don’t delegate work everything will flow through you and you may not able to do everything. Your company will get congested at the point where everything is passing through you. Instead of being leader, visionary and businessman you will become show stopper.

Remember as an entrepreneur you need to be effective leader. That means you have others under you for doing work and you need to get work done from them.

Daily you will get 24 hours and out of which you can give maximum 12-15 hours for business. As time is limited if you want to grow faster you must know how to manage time.

How Entrepreneur can do effective Time Management?

To get more time for doing business you should know three magic words and its usage. These words are:

Eliminate
Automate
Delegate

Whenever any business related task is appearing in front of you, first you need to think that: Can this task be eliminated? (Is it really important?)

If this task cannot be eliminated as it is very important for your business, Second thing you need to check that: Can it be automated? (Any technology advancement can help to automate this task?)

Third and most important thing if this task cannot be eliminated, automated: Can it be delegated? (Any other person can do this task?)

As entrepreneur ask these questions every day. These questions will help you to streamline your business activities and you will not waste time by doing WRONG activities…..

Apart from delegating you must get rid of following Time management mistakes:-

Not setting time limits on tasks.
Ignoring important tasks.
Too much time being wasted in meetings.

Once you know effective time management and power of delegation you can involve yourself in doing other productive activities of your business which will lead to business growth.

As entrepreneur your prime responsibility is to be effective leader who seek new business opportunity, stay focused, provide vision, and expand business. At the end of the day you need to create a profitable business. Everything else is secondary and cannot be accomplished without that one goal.

Time is more valuable than money, you can get more money but you can not get more time.

Investment Ideas as per your age

Investment

Shitanshu Kapadia

-

October 3, 2014

0

Do you have surplus money? Are you looking for good investment ideas? Well today we will discuss about Investment Ideas at different age.

Investing your hard-earned money should be well planned and managed. That is the reason people often advice to do financial planning. Just as age impacts several aspects of your life, your investment pie should also be revised as per your age and life stage.

Start early for your investments to benefit from power of compounding. Before starting investment let’s look at various asset class.

Investment Asset Class

Equity – Investment in stock market, which gives returns in long-term.

Debt – Investment in debt instrument like bank fixed deposit, debt fund etc. This investment option is relatively safer compare to equity investment.

Gold – Investment in gold can be made in physical or in demat form. Gold Investment provides opportunity to diversify across other assets.

Real Estate – Investment in real estate means owning property for capital appreciation & earning rent. Investment in real estate is risky option.

Cash – Keeping extra cash handy as Emergency fund.

Here is quick look at how you can manage these different assets as per your age.

Investment Ideas at Age 20

If you are at age of 20 you are just starting your career. At this juncture you have very less responsibility and you should start investing more & more money with your first salary. Follow advice given below.

Start Investing with your first salary.
Invest in Tax saving Instruments.
Invest in Equity Instrument more. Ideally 75% of your investment should be in equity.
You can invest 15% in debt, 5% in gold and 5% you can keep as emergency fund.

Investment Ideas at Age 30

If you are at age of 30 you have got lot of new responsibilities. With marriage and child coming in your life you have to take care of many things like car, child’s primary education etc.

Take a stock of your income, expense and existing financial status. You are in the best phase of your life are your investments with you? Follow advice given below.

Make SMART financial goals as per your need.
Start working towards fulfilling this goal by making more and more investments.
Make equity as your preferred investment choice as it enables wealth creation in long term.
At this stage 65% of your investment should be in equity, 25% in debt, 5% in gold and 5% as cash emergency fund.

Investment Ideas at Age 40

If you are at age of 40 its time to review your financial goal, you must carefully look at your investments and make judgement that whether investment done by you is enough for achieving financial goal or not. It’s time to select mature investment ideas. Follow advice given below.

Calculate additional amount required to achieve your financial goals.
Start investing towards healthcare expense in order to safeguard your investments from being impacted by any medical emergency.
Work towards building a retirement corpus.
At this juncture you should gradually reduce your investment exposure to riskier investment options and move to relatively safer option.
At this stage 45% of your investment should be in equity, 45% in debt, 5% in gold and 5% as cash emergency fund.

Investment Ideas at Age 50

If you are at age of 50 its time to work towards your retirement needs, list and calculate your retirement needs. Calculate how your existing investment and saving will help you to maintain the lifestyle you want. It’s time to relax from risky investment. Follow advice given below.

Invest more towards healthcare expenses and medical emergencies.
Building good retirement corpus should be at highest priority.
At this age you should invest in safe investment options.
At this age debt investment should be around 65%, Equity 20%, Gold 10% and cash 5%.

Asset allocation advice given above is purely on the basis of your age. Check your ideal asset allocations as per your risk appetite and other factors like number of dependants, earning capacity etc. before making an investments.

If you find this post helpful, feel free to share it with your friends on facebook and twitter.