We at Growfin Wealth Solutions offers a complete range of trading solutions powered by a fully equipped trading platform supported by timely and comprehensive research desk. We use the established platform of Sharekhan Ltd to enable our clients to trade in Equities, Derivatives and Currency.
Mutual Funds have recently been proven to be a very popular investment instrument for assisting investors in earning an income or building their wealth by participating in opportunities available in various securities and markets. Various mutual funds have different objectives and meet the requirements of different sort of investors.
Mutual fund is nothing more than a collection of stocks, bonds or money market instruments.
Mutual fund is a company that brings together a group of people and invests their money in stocks, bonds and other securities. Each investor owns units, which represents a portion of the holdings of the fund.
Why Invest in Mutual Funds?
Low cost:– As a mutual fund buy and sell large amount of securities at a time, the transaction cost are lower than what an individual pay for buying and selling of securities.
Liquidity:-Most funds have open ended schemes where you can buy or redeem the units and get your money back promptly from the mutual fund itself.
Transparency:– Fund managers provide information about the current value of the investment with strategy and outlook. Every mutual fund is regulated by SEBI which assures that your investments are managed in a disciplined and regulated manner.
Professional Management: The funds are managed by professional fund managers who have access to market information and tools.
Diversification: Mutual funds invest in a broad range of companies and sectors so as to minimize risk by spreading your money over numerous securities.
Goal-based savings: Helps you build money for your future goals like own home, children’s education , marriage and retirement.
Taxation: Mutual funds offer various tax benefits like tax free returns after one year in equity mutual funds (3 years in debt funds), deductions under ELSS and RGESS sections.
Convenience and flexibility: You enjoy the benefits of a diversified portfolio and can also put the mutual fund units in your demat account which makes buying and selling convenient.
SYSTEMATIC INVESTMENT PLAN (SIP)
You can benefit even in a volatile market, if you know how .With systematic investment plan(SIP) you can reap the benefits of disciplined investing through the power of compounding. Based on your investment goals you can set up SIPs to invest monthly, weekly or daily.
Regular: You should invest every month
Power of compounding: Re-investment of income return to constantly grow the principal amount year after year.
Rupee Cost Averaging: An effective mechanism that removers the need to time the market.
Forced Savings: Helps you build money for future.
Automated: Completely automated process and no hassles of writing cheque every month.
Light on the Wallet: Make small investment, working towards your financial security.
Taxation: Mutual funds after various tax benefits like tax-free returns after one year in equity mutual funds (three years in debt fund) deductions under ELSS and RGEES sections.
Investing in a right fund of right asset management company is troublesome even for a learned investor when the total number of funds available for investment are not less than 2000. Growfin wealth Solutions helps you in choosing the right fund at the right time.
Disclaimer:-MUTUAL FUNDS INVESTMENTS ARE SUBJECT TO MARKET RISKS. READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.
In India if you ask any person, may be a villager, an urban or a middle class, sometimes the upper class, what is their most preferred arena of investment? All likely, the answer is ‘Fixed Deposit’ with a Nationalized Bank. But that is not the end. You probably know Banks in India offer various rate of interest on maturity. Here we, GROWFIN WEALTH SOLUTIONS assist you in selecting the right place to park your fund
Bond refers to a security issued by a Company, Financial Institution or Government, which offers regular or fixed payment of interest in return for borrowed money for a certain period of time.
Many aware in theory ‘Bonds’ but a few invest. Bonds being very secured and sometimes tax saving, something you cannot avoid in your portfolio. A must for people, prefer security rather than higher return
Tax free bonds,GOI bonds,Capital gain bonds,Non convertible debentures,Sovereign gold bonds
Portfolio Management Services (PMS), service offered by the Portfolio Manager, is an investment portfolio in stocks, fixed income, debt, cash, structured products and other individual securities, managed by a professional money manager that can potentially be tailored to meet specific investment objectives.(Association with M/S Sharekhan Ltd)