Shreekanth Poojary

If you invest Rs. 10,000 per month in an equity fund, you can accumulate about 4,30,00,000 over the next 30 years at a return of 13%. For today's young generation, it is not that difficult to set aside 10000/- per month. It is very important to invest goal-wise to achieve financial freedom before retirement. For short-term goals, you should consider debt and for long-term goals equity is the most appropriate asset class. The best way to invest in equity is through a mutual fund where an expert fund manager manages your funds. Choose the right financial advisor who can help you achieve your financial goals. In addition to achieving financial freedom, it is also necessary to purchase term insurance and health insurance to protect your loved ones from financial problems. In 2020, Covid-19 was an eye-opener for people who were not disciplined when it came to financial planning and awareness. This is the time when people realize the importance of term insurance, health insurance, emerge...

First of all, the regular income option is good only for retired people, otherwise, it is always better to choose the growth option and compound your money as long as possible.  When it comes to regular income from a mutual fund, there are two options are available, dividend options and SWP.  Many consider dividend options for regular income, however, we advise investors to opt for the SWP option based on the below benefits. The flow of income is fixed:  The people who choose the dividend option expect fixed regular income every month can be disappointed hearing this the frequency and amount of dividends are not fixed. On the other hand, in SWP once the instruction is given, you receive the fixed amount at a chosen date. For example, if you choose 50000 per month SWP on the 10th of every month, you will get a steady fixed inflow every month till the time you stop the standing instruction. Flexibility: In the dividend option when and how much to pay depends on the fund hou...