This presentation discusses personal development through savings and investments. It defines savings as money left over after expenses and explains that savings can be invested to generate additional income. Investments commit money to endeavors like businesses with the goal of making a profit. The presentation outlines various methods for saving and investing, including tax-free savings accounts, exchange-traded funds (ETFs), and unit trusts. ETFs track market assets and are traded like shares, while unit trusts pool investor money into professionally managed funds covering property, cash, equities, and bonds. Overall, the presentation provides an overview of investment vehicles and their benefits for building wealth through committed savings.
Estate planning involves arranging one's assets and property for the benefit of family and loved ones after death. A will allows one to specify how property should be distributed, but if someone dies without a will they are said to have died intestate and the Hindu Succession Act determines inheritance. There are several types of wills including individual, joint, conditional, and holographic wills. Estate planning also involves ensuring beneficiaries are correctly named and accounts are jointly held or have powers of attorney to smoothly transfer assets after death.
This document outlines topics that will be covered in a financial planning course, including how to plan an investment portfolio, understand assets and liabilities, ensure adequate insurance coverage, learn about different asset classes and risk appetite, plan for post-retirement income and children's education, relate investments to goals, and achieve financial peace and happiness. It also discusses concepts like the new economy, goal setting, overcoming challenges, and inverting the savings equation from expenses-focused to savings-focused.
Retirement Planning is the process of determining and accumulating the retirement corpus one would require to live a comfortable life after the paid work life ends.
The ultimate goal of retirement planning is to achieve financial independence.
Objectives-
To cover medical expenses and be prepared for medical emergencies.
To create regular income sources after retirement.
To deal with any kind of uncertainities.
As the Indian economy will mature, the interest rate and stock market return will continue to moderate resulting in lower return from investment.
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This document provides an overview of financial planning, including what it is, its objectives, why it is needed, and the benefits it can provide. Financial planning is a process that identifies an individual's financial needs and goals over time and ensures they have the necessary funds available when needed. It involves savings and investment planning, asset allocation, insurance, taxes, retirement, and estate planning. The benefits of financial planning include having money available for needs and emergencies, maintaining one's standard of living in retirement, tax efficiency, funding education and marriage, and peace of mind.
The post office savings account is a deposit scheme offered by the postal department that pays a fixed interest rate. It allows investors to deposit funds and earn 4% annual interest, which is tax-free up to Rs. 10,000. Account holders receive benefits like cheque facilities, ATM cards, ability to open minor accounts, portability between post offices, nominations, joint accounts, and electronic services. Tax exemptions are also provided under section 80L of India's income tax act.
Financial Planning - Helping You Sail Successfully into the FutureFrank Wiginton
This document summarizes the key aspects of developing a comprehensive financial plan. It discusses that a financial plan should address goals, assets, debts, taxes, investments, insurance, estate planning and more. It outlines the multi-step process of developing a plan, including initial interviews, data gathering, analysis, draft reviews and implementation. It emphasizes that a good financial plan takes over 20 hours to fully prepare. The document also provides background on the author, Frank Wiginton, a certified financial planner who believes comprehensive planning is needed to make appropriate financial recommendations and decisions.
Financial planning is the process of managing finances to meet life goals like buying a home or saving for retirement. It involves insurance, investment, tax, retirement, and estate planning. Financial planning is important due to factors like inflation, rising life expectancy, and uncertainty. Insurance planning helps minimize risks to assets and income from early death, disability, or other factors. Investment planning involves evaluating risk tolerance, allocating assets appropriately among short, medium, and long-term holdings, and accumulating wealth through systematic investing and regular portfolio reviews.
Estate planning involves arranging one's assets and property for the benefit of family and loved ones after death. A will allows one to specify how property should be distributed, but if someone dies without a will they are said to have died intestate and the Hindu Succession Act determines inheritance. There are several types of wills including individual, joint, conditional, and holographic wills. Estate planning also involves ensuring beneficiaries are correctly named and accounts are jointly held or have powers of attorney to smoothly transfer assets after death.
This document outlines topics that will be covered in a financial planning course, including how to plan an investment portfolio, understand assets and liabilities, ensure adequate insurance coverage, learn about different asset classes and risk appetite, plan for post-retirement income and children's education, relate investments to goals, and achieve financial peace and happiness. It also discusses concepts like the new economy, goal setting, overcoming challenges, and inverting the savings equation from expenses-focused to savings-focused.
Retirement Planning is the process of determining and accumulating the retirement corpus one would require to live a comfortable life after the paid work life ends.
The ultimate goal of retirement planning is to achieve financial independence.
Objectives-
To cover medical expenses and be prepared for medical emergencies.
To create regular income sources after retirement.
To deal with any kind of uncertainities.
As the Indian economy will mature, the interest rate and stock market return will continue to moderate resulting in lower return from investment.
Thank You For Watching
Subscribe to DevTech Finance
This document provides an overview of financial planning, including what it is, its objectives, why it is needed, and the benefits it can provide. Financial planning is a process that identifies an individual's financial needs and goals over time and ensures they have the necessary funds available when needed. It involves savings and investment planning, asset allocation, insurance, taxes, retirement, and estate planning. The benefits of financial planning include having money available for needs and emergencies, maintaining one's standard of living in retirement, tax efficiency, funding education and marriage, and peace of mind.
The post office savings account is a deposit scheme offered by the postal department that pays a fixed interest rate. It allows investors to deposit funds and earn 4% annual interest, which is tax-free up to Rs. 10,000. Account holders receive benefits like cheque facilities, ATM cards, ability to open minor accounts, portability between post offices, nominations, joint accounts, and electronic services. Tax exemptions are also provided under section 80L of India's income tax act.
Financial Planning - Helping You Sail Successfully into the FutureFrank Wiginton
This document summarizes the key aspects of developing a comprehensive financial plan. It discusses that a financial plan should address goals, assets, debts, taxes, investments, insurance, estate planning and more. It outlines the multi-step process of developing a plan, including initial interviews, data gathering, analysis, draft reviews and implementation. It emphasizes that a good financial plan takes over 20 hours to fully prepare. The document also provides background on the author, Frank Wiginton, a certified financial planner who believes comprehensive planning is needed to make appropriate financial recommendations and decisions.
Financial planning is the process of managing finances to meet life goals like buying a home or saving for retirement. It involves insurance, investment, tax, retirement, and estate planning. Financial planning is important due to factors like inflation, rising life expectancy, and uncertainty. Insurance planning helps minimize risks to assets and income from early death, disability, or other factors. Investment planning involves evaluating risk tolerance, allocating assets appropriately among short, medium, and long-term holdings, and accumulating wealth through systematic investing and regular portfolio reviews.
From the Oklahoma law firm Cazes Roberts, PC:
A concise yet practical review of what Oklahoma estate planning is, why some would want to do Oklahoma Estate Planning and the tools used in Oklahoma Estate Planning.
Savings involves setting aside income for future goals, while investment grows savings through vehicles like mutual funds that earn interest. Both are important for financial planning, as savings alone may not keep pace with inflation. While investment carries risk, it can provide higher returns than savings if managed properly to meet long-term responsibilities like education, marriage, retirement. Starting small, regular investments in low-risk mutual funds from a young age allows savings to grow more than through savings alone.
This document summarizes various financial investment sectors in India. It discusses financial services, the stock market, mutual funds, gold, bank fixed deposits, the Public Provident Fund (PPF), real estate, postal investments and insurance. It provides overviews of each sector, including their pros and cons, and how they work as investment options. The key sectors covered are the stock market, mutual funds, bank fixed deposits, PPF, real estate, postal investments and insurance.
Financial planning involves identifying an individual's financial needs and goals over time and developing a strategy to meet those needs and goals. The key objectives of financial planning are to identify monetary requirements, prioritize financial needs, assess one's current financial position, plan savings and investments to achieve goals, and optimize returns through diversification. Systematic investment plans (SIPs) allow regular investing of small amounts in mutual funds and are an effective way to benefit from rupee cost averaging and the power of compounding returns over the long term. Insurance provides protection from life's uncertainties and ensures one's dependents are provided for in times of need.
The document discusses different types of investments, including traditional and alternative investments. Traditional investments include bonds, stocks, small saving schemes, mutual funds, fixed deposits, and real estate. Bonds are loans to entities that pay interest. Stocks represent ownership in companies. Small saving schemes are meant for small amounts. Mutual funds invest in different securities. Fixed deposits earn interest. Real estate can appreciate. Alternative investments include hedge funds, private equity, venture capital, structured products, and collectibles. These have complex structures and are less liquid than traditional investments.
A mutual fund pools money from many investors to purchase stocks, bonds, and other securities. It is managed by a professional fund manager who invests the money on behalf of the investors. A mutual fund provides diversification, affordable investment options, and convenience for investors. It allows individuals to hold a diversified portfolio of securities by investing small amounts of money alongside other investors. The first mutual fund in India was launched in 1964 by the Unit Trust of India (UTI).
The document discusses the poor financial literacy and lack of retirement savings among Filipinos. It notes that only 10% of Filipinos consciously save for retirement, while 80% of middle-class Filipinos expect to rely on their children for support in old age. Most lack formal financial plans and have difficulty sticking to budgets or paying off credit card debt. This leads to overdependence on family for healthcare costs and a lack of independence in retirement. While some Filipinos recognize the importance of saving, many lack the discipline and resources to implement financial goals. Improving financial education is seen as key to addressing these issues.
The document outlines 11 steps for financial discipline: 1) Spend less than you earn through small cuts, 2) Create and stick to a budget to track spending and savings goals, 3) Contribute to a retirement plan for a relaxed old age, 4) Save 5-10% of salary each month by eliminating discretionary spending, 5) Do not finance purchases for longer than the item's useful life, 6) Consider buying used items to save money, 7) Diversify investments across different areas, 8) Invest wisely and avoid schemes promising high returns with little risk, 9) Teach children the value and proper use of money, 10) Start saving now for children's education to prevent future stress, and 11
An Introduction about personal financial management for family and individual. This includes planning process, focus areas and the consumer activities in planning.
The document discusses various tax saving investment options available under Section 80C of the Indian Income Tax Act. It provides details on popular instruments like Public Provident Fund (PPF), Equity Linked Saving Schemes (ELSS) Mutual Funds, Tax Saving Fixed Deposits, National Savings Scheme (NSC), and ULIP/LIC insurance plans. It compares these options on parameters like lock-in period, typical returns, taxation status, and suitability for different risk profiles. ELSS funds are highlighted as offering the lowest lock-in of 3 years, highest post-tax returns in the long run, and best taxation status among the different 80C investment avenues. The document concludes by providing tips on choosing
A General awareness session designed to give participants a better understanding about savings and various investment options available in the Indian context.
Financial planning is for everyone. If you're like most people, financial planning might seem very complicated and confusing, and you might not know where to start. However, here are some ideas to help you get started.
America faces a financial literacy crisis, as evidenced by rising unsecured debt levels and credit card misuse. Two-thirds of households will likely fail to achieve their life goals due to financial illiteracy. Financial literacy involves understanding key areas like money management, spending, savings, and risk to achieve long-term goals like homebuying, retirement, and unexpected life events. Lifelong learning is needed to maintain financial literacy.
This presentation is made by students of ACPCE - Anamika Mishra, Kirti Karawde, Prathamesh Mahadik, and Ritik Kale.
This presentation introduces the concept of financial literacy to the young generation. It also gives tips on how to go from financially crippled to financially able.
This document discusses savings, investment, and factors that affect them. It defines savings as income not spent and notes it provides security for unexpected bills and retirement. Investment means sacrificing present money for future gains by purchasing assets. Factors influencing savings and investment are discussed, as well as India's low rates and suggestions to increase them such as expanding banks and infrastructure. The document concludes with multiple choice questions about these topics.
November is Financial Literacy month. Did you know that 48% of Canadians say they’ve lost sleep because of financial worries?* Financial stress can be detrimental to mental and physical health, families, relationships and even productivity. With this in mind, we’re providing our advisors with a powerpoint presentation to promote financial literacy in the community. Download it at: https://financialtechtools.ca/financial-literacy/
The document discusses the importance of estate planning and how life changes can necessitate revisions. It notes that key assumptions people often have about estate planning, such as living forever or never needing long-term care, are generally false. The document then provides examples of legal documents used in estate planning like wills, trusts, powers of attorney, and outlines factors to consider when creating or revising an estate plan.
This document discusses the concept of elasticity in economics. It defines price elasticity of demand as a measure of how much quantity demanded responds to changes in price. Price elasticity of demand is calculated as the percentage change in quantity divided by the percentage change in price. Demand can be elastic, inelastic, or unitary elastic depending on how much quantity changes relative to price changes. Income elasticity of demand and price elasticity of supply are also defined and calculated. Supply is generally more elastic in the long run than short run.
The document discusses elasticity, specifically price elasticity of demand. It defines elasticity and explains how to calculate the price elasticity of demand using percentage changes in price and quantity. It provides examples of calculating price elasticity of demand values for different goods. It also categorizes goods based on their elasticity, such as inelastic, elastic, unit elastic and perfectly inelastic/elastic demands. Additional factors that can impact a good's elasticity are discussed such as availability of substitutes, necessities vs luxuries, the time horizon, and importance in a buyer's budget.
From the Oklahoma law firm Cazes Roberts, PC:
A concise yet practical review of what Oklahoma estate planning is, why some would want to do Oklahoma Estate Planning and the tools used in Oklahoma Estate Planning.
Savings involves setting aside income for future goals, while investment grows savings through vehicles like mutual funds that earn interest. Both are important for financial planning, as savings alone may not keep pace with inflation. While investment carries risk, it can provide higher returns than savings if managed properly to meet long-term responsibilities like education, marriage, retirement. Starting small, regular investments in low-risk mutual funds from a young age allows savings to grow more than through savings alone.
This document summarizes various financial investment sectors in India. It discusses financial services, the stock market, mutual funds, gold, bank fixed deposits, the Public Provident Fund (PPF), real estate, postal investments and insurance. It provides overviews of each sector, including their pros and cons, and how they work as investment options. The key sectors covered are the stock market, mutual funds, bank fixed deposits, PPF, real estate, postal investments and insurance.
Financial planning involves identifying an individual's financial needs and goals over time and developing a strategy to meet those needs and goals. The key objectives of financial planning are to identify monetary requirements, prioritize financial needs, assess one's current financial position, plan savings and investments to achieve goals, and optimize returns through diversification. Systematic investment plans (SIPs) allow regular investing of small amounts in mutual funds and are an effective way to benefit from rupee cost averaging and the power of compounding returns over the long term. Insurance provides protection from life's uncertainties and ensures one's dependents are provided for in times of need.
The document discusses different types of investments, including traditional and alternative investments. Traditional investments include bonds, stocks, small saving schemes, mutual funds, fixed deposits, and real estate. Bonds are loans to entities that pay interest. Stocks represent ownership in companies. Small saving schemes are meant for small amounts. Mutual funds invest in different securities. Fixed deposits earn interest. Real estate can appreciate. Alternative investments include hedge funds, private equity, venture capital, structured products, and collectibles. These have complex structures and are less liquid than traditional investments.
A mutual fund pools money from many investors to purchase stocks, bonds, and other securities. It is managed by a professional fund manager who invests the money on behalf of the investors. A mutual fund provides diversification, affordable investment options, and convenience for investors. It allows individuals to hold a diversified portfolio of securities by investing small amounts of money alongside other investors. The first mutual fund in India was launched in 1964 by the Unit Trust of India (UTI).
The document discusses the poor financial literacy and lack of retirement savings among Filipinos. It notes that only 10% of Filipinos consciously save for retirement, while 80% of middle-class Filipinos expect to rely on their children for support in old age. Most lack formal financial plans and have difficulty sticking to budgets or paying off credit card debt. This leads to overdependence on family for healthcare costs and a lack of independence in retirement. While some Filipinos recognize the importance of saving, many lack the discipline and resources to implement financial goals. Improving financial education is seen as key to addressing these issues.
The document outlines 11 steps for financial discipline: 1) Spend less than you earn through small cuts, 2) Create and stick to a budget to track spending and savings goals, 3) Contribute to a retirement plan for a relaxed old age, 4) Save 5-10% of salary each month by eliminating discretionary spending, 5) Do not finance purchases for longer than the item's useful life, 6) Consider buying used items to save money, 7) Diversify investments across different areas, 8) Invest wisely and avoid schemes promising high returns with little risk, 9) Teach children the value and proper use of money, 10) Start saving now for children's education to prevent future stress, and 11
An Introduction about personal financial management for family and individual. This includes planning process, focus areas and the consumer activities in planning.
The document discusses various tax saving investment options available under Section 80C of the Indian Income Tax Act. It provides details on popular instruments like Public Provident Fund (PPF), Equity Linked Saving Schemes (ELSS) Mutual Funds, Tax Saving Fixed Deposits, National Savings Scheme (NSC), and ULIP/LIC insurance plans. It compares these options on parameters like lock-in period, typical returns, taxation status, and suitability for different risk profiles. ELSS funds are highlighted as offering the lowest lock-in of 3 years, highest post-tax returns in the long run, and best taxation status among the different 80C investment avenues. The document concludes by providing tips on choosing
A General awareness session designed to give participants a better understanding about savings and various investment options available in the Indian context.
Financial planning is for everyone. If you're like most people, financial planning might seem very complicated and confusing, and you might not know where to start. However, here are some ideas to help you get started.
America faces a financial literacy crisis, as evidenced by rising unsecured debt levels and credit card misuse. Two-thirds of households will likely fail to achieve their life goals due to financial illiteracy. Financial literacy involves understanding key areas like money management, spending, savings, and risk to achieve long-term goals like homebuying, retirement, and unexpected life events. Lifelong learning is needed to maintain financial literacy.
This presentation is made by students of ACPCE - Anamika Mishra, Kirti Karawde, Prathamesh Mahadik, and Ritik Kale.
This presentation introduces the concept of financial literacy to the young generation. It also gives tips on how to go from financially crippled to financially able.
This document discusses savings, investment, and factors that affect them. It defines savings as income not spent and notes it provides security for unexpected bills and retirement. Investment means sacrificing present money for future gains by purchasing assets. Factors influencing savings and investment are discussed, as well as India's low rates and suggestions to increase them such as expanding banks and infrastructure. The document concludes with multiple choice questions about these topics.
November is Financial Literacy month. Did you know that 48% of Canadians say they’ve lost sleep because of financial worries?* Financial stress can be detrimental to mental and physical health, families, relationships and even productivity. With this in mind, we’re providing our advisors with a powerpoint presentation to promote financial literacy in the community. Download it at: https://financialtechtools.ca/financial-literacy/
The document discusses the importance of estate planning and how life changes can necessitate revisions. It notes that key assumptions people often have about estate planning, such as living forever or never needing long-term care, are generally false. The document then provides examples of legal documents used in estate planning like wills, trusts, powers of attorney, and outlines factors to consider when creating or revising an estate plan.
This document discusses the concept of elasticity in economics. It defines price elasticity of demand as a measure of how much quantity demanded responds to changes in price. Price elasticity of demand is calculated as the percentage change in quantity divided by the percentage change in price. Demand can be elastic, inelastic, or unitary elastic depending on how much quantity changes relative to price changes. Income elasticity of demand and price elasticity of supply are also defined and calculated. Supply is generally more elastic in the long run than short run.
The document discusses elasticity, specifically price elasticity of demand. It defines elasticity and explains how to calculate the price elasticity of demand using percentage changes in price and quantity. It provides examples of calculating price elasticity of demand values for different goods. It also categorizes goods based on their elasticity, such as inelastic, elastic, unit elastic and perfectly inelastic/elastic demands. Additional factors that can impact a good's elasticity are discussed such as availability of substitutes, necessities vs luxuries, the time horizon, and importance in a buyer's budget.
The document discusses macroeconomic policies including fiscal and monetary policy, categories of government expenditures, sources of government revenue through taxes, and discretionary fiscal policy tools for expansion or contraction. It also examines national debt, sources for financing debt, and issues related to debt service and crowding out of private borrowing. In summary, the document provides an overview of fiscal systems, government budgets, and macroeconomic policies.
In this presentation we will deal with “Trade Finance”, where in we will talk about Methods and Types of Trading, Trade Contracts and Agreements, Trade Zone and role of financial institutions and banks in the Trading Business.
To know more about Welingkar School’s Distance Learning Program and courses offered, visit:
http://www.welingkaronline.org/distance-learning/online-mba.html
Principles of economics concept of elasticityKhriztel NaTsu
This document discusses the concept of elasticity in economics. It defines elasticity as measuring how changing one economic variable affects others, such as how much more a product will sell if the price is lowered or how much less it will sell if the price is raised. It provides mathematical definitions for elasticity and discusses several specific types of elasticities, including price elasticity of demand, income elasticity of demand, cross elasticity of demand between firms, and elasticity of supply. It explains how these different elasticities capture the responsiveness of economic variables, such as quantity demanded or supplied, to changes in factors like price, income, or other prices.
This document provides an introduction to macroeconomics. It discusses key macroeconomic concepts such as stocks and flows, equilibrium and disequilibrium, and the circular flow of income in closed and open economies. It also outlines macroeconomic goals like full employment and price stability. The development of macroeconomics from classical to Keynesian and monetarist theories is summarized. Finally, it discusses important macroeconomic indicators and policy tools like fiscal and monetary policy.
This document provides an overview of personal finance topics covered across multiple slides. It discusses income, spending, saving, investing and protecting at a high level. It then goes into more depth on disciplined investment, describing it as consistent investment even during market fluctuations. The document outlines investment life cycle stages, explaining how and where to invest at ages 18, 20s and 30s. For 18s, it recommends starting with index funds, paper trading, long term investing and small cases. For 20s, it suggests stock market trading, PPF, insurance and sovereign gold bonds. For 30s, it recommends mutual funds, ULIPs, examining bonds and launching SIPs. The document provides guidance on investing approaches and vehicles suitable for different
Mutual Fund is essentially a mechanism of pooling together the savings of a large number of small investors for collective investment, with an avowed objective of attractive yields and capital appreciation, holding the safety and liquidity as prime parameters. A Mutual Fund is a trust that pools the savings of a number of investors who share a common financial goal. The money thus collected is then invested in capital market instruments such as shares, debentures and other securities. The income earned through these investments and the capital appreciation realized is shared by its unit holders in proportion to the number of units owned by them. Mutual funds are dynamic financial institutions (FIs) which play a crucial role in an economy by mobilizing savings and investing them in the stock-market, thus establishing a direct link between savings and the capital market. Therefore, the activities of mutual funds have both short-and long-term impact on the savings pattern, growth of capital markets and the economy. The Mutual fund is a basket of securities, which contains variety of financial products in various combinations and these various combinations of financial securities are individually called Portfolio's. In a Mutual fund company the Fund Managers make Portfolios of different combinations they continuously analyse the ma Diversification can reduce your overall investment risk by spreading your risk across many different assets. With a mutual fund you can diversify your holdings both across companies (e.g. by buying a mutual fund that owns stock in 100 different companies) and across asset classes (e.g. by buying a mutual fund that owns stocks, bonds, and other securities). When some assets are falling in price, others are likely to be rising, so diversification results in less risk than if you purchased just one or two investments. Choice: Mutual funds come in a wide variety of types. Some mutual funds invest exclusively in particular sector(e.g. energy funds), while others might target growth opportunities in general. There are thousands of funds, and each has its own objectives and focus. The key is for you to find the mutual funds that most closely match your own particular investment objectives. Liquidity is the ease with which you can convert your assets--with relatively low depreciation in value--into cash . In the case of mutual funds, it's as easy to sell a share of a mutual fund as it is to sell a share of stock (although some funds charge a fee for redemptions and others you can only redeem at the end of the trading day, after the current value of the fund's holdings has been calculated) Low Investment Minimums: Most mutual funds will allow you to buy into the fund with as little $1,000 or $2,000, and some funds even allow a "no minimum" initial investment, if you agree to make regular monthly contributions of $50 or $100. Whatever the case may be, you do not need to be exceptionally wealthy in order to invest in a mutual fundhbh
The banking industry in India has evolved significantly over time, from traditional practices under British rule to ongoing reforms involving nationalization, privatization, and the growing presence of foreign banks. Rural banking and microfinancing are two areas that have allowed Indian banks to expand and compete internationally. Technology has also revolutionized how banks function and has impacted all aspects of life. A country's financial system relies on financial markets, services, and institutions to support economic activities, with finance seen as vital to modern business.
The document provides information about mutual funds in India. It discusses:
- The origin of mutual funds in Belgium and their development in the UK and US.
- The establishment of Unit Trust of India in 1964 which marked the advent of mutual funds in India.
- The evolution of the mutual fund industry in India over four phases from 1963-2014.
- Key features and advantages of mutual fund investing such as professional management and risk reduction through diversification.
The document provides an overview of investment fundamentals. It defines investment as committing funds in the expectation of a positive rate of return. The investment decision process typically involves 5 steps: 1) defining objectives, 2) analyzing securities, 3) constructing a portfolio, 4) evaluating performance, and 5) reviewing the portfolio. Investment alternatives discussed include negotiable securities like stocks and bonds, non-negotiable securities like bank deposits, tax-sheltered savings schemes, life insurance, mutual funds, real estate, commodities, and precious metals. The concepts of risk and return are also introduced, including different types of risk and how returns are calculated.
Sahil Verma is a student at Jammu University studying at the Business School. His email is provided. The document then summarizes several major financial sectors in India including banking, stock market, mutual funds, real estate, gold, PPF, insurance, government bonds, and post office saving schemes. For each sector, the key details are provided along with the typical merits and demerits of investing in each.
This document provides an overview of mutual funds and investing options in India. It discusses key concepts like inflation, asset allocation, and the benefits of mutual funds compared to other investment options. It then describes the different types of mutual fund schemes including equity, debt, hybrid, solution-oriented, and other categories. Specific fund types like index funds, ETFs, and international funds are also explained. The document aims to educate investors on mutual fund basics and determining the right funds and investment strategies based on their goals and risk tolerance.
Mutual funds pool money from investors and invest it in securities like stocks and bonds. They have different investment objectives depending on investors' needs for safety, liquidity or returns. Mutual funds provide benefits like diversification, transparency and liquidity. They are classified by structure, management style, investment universe and other factors. Some types include equity funds, debt funds, hybrid funds, fixed maturity plans and real estate funds. Mutual funds offer systematic investment plans to help investors invest regularly and build wealth over the long run.
Mutual funds pool together money from investors who share a common financial goal. A fund manager then invests this collected money into capital market instruments like stocks, bonds, and other securities. This generates returns which are then passed back to the investors. Mutual funds provide a way for individual investors to participate in markets while diversifying their risk. There are various types of mutual funds categorized by their investment objectives and strategies, including equity funds, debt funds, hybrid funds, solution oriented funds, and other funds like index funds.
Mutual funds allow investors to pool their money and have it professionally managed by fund managers. There are several types of mutual funds categorized by their investment objectives and risk profiles, including equity funds, debt funds, balanced funds, and more. Mutual funds provide benefits like diversification, professional management, and low minimum investment amounts. Key terms discussed include net asset value (NAV), loads, expense ratios, and systematic investment plans (SIPs) which allow regular small investments in mutual funds.
1. Kotak 50 (G) is a large cap open-ended fund that ranks 3rd with assets of Rs. 719.67 cr as of Jun-30-2013. It has an inception date of 22-Dec-98 and benchmarks against S&P CNX Nifty with a minimum investment of Rs. 5000.
2. ICICI Prudential Top 100 Fund (G) is a large cap fund with an alpha of 0.01 and beta of 0.82 for 1 year.
3. SBI Magnum Midcap Fund (G) had an alpha of 0.6 and beta of
Mutual funds allow individual investors to pool their money together into a professionally managed investment portfolio consisting of stocks, bonds, and other securities. The main benefits of mutual funds include diversification of risk, professional management, low minimum investment amounts, and various investment options to suit different goals and risk tolerances. However, mutual funds also come with costs and risks such as potential loss of principal and lack of guaranteed returns.
Mutual funds pool money from investors and invest it in stocks, bonds, and other securities. The money collected is invested in capital market instruments to earn income and capital appreciation, which is then shared by unit holders proportionate to their investment. A mutual fund allows small investors to participate in a diversified portfolio managed by professionals at a low cost. SEBI defines mutual funds as funds established in the form of a trust to raise money through unit sales to the public under various schemes for investing in accordance with regulations.
A mutual fund is a type of professionally managed collective investment scheme that pools money from many investors to purchase securities. While there is no legal definition of the term "mutual fund", it is most commonly applied only to those collective investment vehicles that are regulated and sold to the general public. They are sometimes referred to as "investment companies" or "registered investment companies."
1. The document discusses various mutual fund investment options for investors including equity funds, debt funds, hybrid funds, solution-oriented funds, and other funds like index funds and fund of funds.
2. It explains the different categories within each type of fund based on their investment objectives, strategies, and risk-return profiles. For example, equity funds are categorized based on market cap into large cap, mid cap, and small cap funds.
3. The key benefits of investing in mutual funds are highlighted as risk diversification, professional management, transparency, liquidity, and regulation. Investors can choose funds based on their investment goals, time horizon, and risk tolerance.
- Mutual funds are an investment vehicle made up of a pool of funds collected from many investors for the purpose of investing in securities like stocks, bonds, and money market instruments.
- There are various types of mutual funds categorized by their investment strategy - debt funds invest in debt instruments and target stable income, equity funds invest in stocks and target long-term capital appreciation, hybrid funds invest in a mix of stocks and bonds.
- Mutual funds can also be categorized by their load structure - load funds charge fees for purchasing shares while no-load funds can be purchased and redeemed without commission, and by their tax treatment - tax-exempt funds invest in tax-exempt securities.
Mutual funds pool money from investors and invest it in a variety of securities like stocks, bonds, and money market instruments. This allows small investors to hold a diversified portfolio. Key features include professional management, diversification of risk, liquidity, and tax benefits. Mutual funds are regulated entities with sponsors establishing trusts with trustees. Trustees appoint asset management companies to manage the funds' investments.
A financial planner can help you in tax planningMukesh gupta
TAX PLANNING is a process by which an individual or organization come to know his financial profile, with keeping the aim of minimizing the amount of taxes paid on income.
This document provides information about savings, investment, and taxation. It defines savings as income not spent on consumption. Factors affecting savings like income level and interest rates are discussed. Investment is defined as acquiring an asset to generate income or appreciation over time. Objectives of investment like maximizing returns and minimizing risk are outlined. Different types of investments like fixed deposits, stocks, mutual funds, bonds, and real estate are explained. Taxation is defined as compulsory levies imposed by governments to generate revenue. Objectives of taxation like raising revenue and promoting economic development are highlighted. Different tax classifications like direct and indirect taxes are summarized along with tax rates in India. Principles of a sound taxation system like transparency, simplicity, and stability
2. WHAT DOES IT MEAN TO SAVE?
• SAVINGS
“For those who are financially prudent, savings means the
amount that is left over after personal expenses have been
met.”
INCOME-EXPENSES=SAVINGS
Savings can be turned into further increased income
through investing
3. • INVESTMENTS
“The act of committing money or capital to an endeavour (a
business, project, real estate, etc) with the expectation of
obtaining an additional income or profit”
Different way of earning an income
key to building wealth
Investing means making your money to work for you
4. METHODS OF SAVING AND INVESTING
TAX FREE SAVINGS ACCOUNTS
• As of 1 March 2015 South Africans can invest in tax free investments
• An initiative of National Treasury to encourage people to save.
• The returns or growth you earn on your investments are completely tax free.
• Tax free investments give you flexibility
• You can invest up to R30 000 in one tax year and R500 000 in total over your lifetime.
• You have flexible access to your investment and there are no exit penalties
• Tax free investments only apply to new investments
5. EXCHANGE TRADED FUNDS (ETF’S)
• Marketable security that tracks a commodity, bonds, oil
futures, gold bars or a basket of assets like an index fund and
divides those assets into shares.
• Experience price changes throughout the day as they are
bought and sold in the same way as an Ordinary share.
• Traded on public stock exchanges.
• Share-holders do not directly own or have any direct claim to
the underlying investment in the fund.
6. • Share-holders are entitled to a proportion of the profits, such as
earned interest or dividends paid.
• Investors get the diversification of an index fund
7. Who is this for?
• Used by both professional and private investors
wishing to gain exposure to different sectors, asset
classes, types of shares, commodities or government
bonds
• Ideal investment vehicle for those who are new to
the world of investing
8. • Provides exposure to a variety of underlying instruments and not
just one instrument (i.e. it offers diversification)
• Can be bought and sold quickly at a low cost
• You gain exposure to a wide variety of securities or assets without
having to do extensive research
• Are well regulated by the JSE and the FSB
• Exempt from securities transfer tax
• ETF’s prices fluctuate, however because of the advantage of
diversification, the risk of losing money is lowered.
Features
9. • Most common collective investment scheme in South Africa
• The fundamental premise behind a CIS is to allow a group of
investors to pool their money in order to get a spread of
professionally managed investments
• Investors share the risks and benefits of investment in a
scheme in proportion to participatory interest in the scheme
• Originally designed to give ordinary people access to the JSE.
UNIT TRUSTS
13. • unit trusts offer a blend of investments/asset classes managed by
investment professionals
• ETFs offer a single entry into each investment, which are index-based and
computer programme driven.
• ETFs can be a good choice for the experienced investor
• For the normal saver, however, unit trusts tend to be more appropriate as
the investments are managed by professionals who have the skill sets to
make complex investment decisions
DIFFERENCE BETWEEN ETF’S AND UNIT TRUSTS
Program director, we sincerely acknowledge the presence of all our guests. In no particular order I mention, the following people, the chairperson and members of the board of the FSB, the Chief Executive of the FSB, Adv Dube Tshidi, Chief Operations officer, Mr Gerry Anderson, Chief Financial Officer, Mr Dawood Seedat, representatives of the Treasury department, representatives of the auditor general’s office, representatives of the office of the public protector, Adv Wessel Oosthuizen of the Centre for Financial Planning Law of the University of Orange Free State, members of the judiciary, in particular Judge Ranchod, heads of the various financial Ombuds schemes, representatives of various financial services firms, representatives of various media houses, ladies and gentlemen, friends, family and members of staff of the FAIS Ombud, a very warm welcome.
Program director, we sincerely acknowledge the presence of all our guests. In no particular order I mention, the following people, the chairperson and members of the board of the FSB, the Chief Executive of the FSB, Adv Dube Tshidi, Chief Operations officer, Mr Gerry Anderson, Chief Financial Officer, Mr Dawood Seedat, representatives of the Treasury department, representatives of the auditor general’s office, representatives of the office of the public protector, Adv Wessel Oosthuizen of the Centre for Financial Planning Law of the University of Orange Free State, members of the judiciary, in particular Judge Ranchod, heads of the various financial Ombuds schemes, representatives of various financial services firms, representatives of various media houses, ladies and gentlemen, friends, family and members of staff of the FAIS Ombud, a very warm welcome.
Program director, we sincerely acknowledge the presence of all our guests. In no particular order I mention, the following people, the chairperson and members of the board of the FSB, the Chief Executive of the FSB, Adv Dube Tshidi, Chief Operations officer, Mr Gerry Anderson, Chief Financial Officer, Mr Dawood Seedat, representatives of the Treasury department, representatives of the auditor general’s office, representatives of the office of the public protector, Adv Wessel Oosthuizen of the Centre for Financial Planning Law of the University of Orange Free State, members of the judiciary, in particular Judge Ranchod, heads of the various financial Ombuds schemes, representatives of various financial services firms, representatives of various media houses, ladies and gentlemen, friends, family and members of staff of the FAIS Ombud, a very warm welcome.
Program director, we sincerely acknowledge the presence of all our guests. In no particular order I mention, the following people, the chairperson and members of the board of the FSB, the Chief Executive of the FSB, Adv Dube Tshidi, Chief Operations officer, Mr Gerry Anderson, Chief Financial Officer, Mr Dawood Seedat, representatives of the Treasury department, representatives of the auditor general’s office, representatives of the office of the public protector, Adv Wessel Oosthuizen of the Centre for Financial Planning Law of the University of Orange Free State, members of the judiciary, in particular Judge Ranchod, heads of the various financial Ombuds schemes, representatives of various financial services firms, representatives of various media houses, ladies and gentlemen, friends, family and members of staff of the FAIS Ombud, a very warm welcome.
First, I thank Mr Abel Sithole for his eye opening address. Thank you. Ladies and gentlemen, it is my great pleasure to share with you details of what we have achieved during this past year. But first, a short background is necessary.
From humble beginnings the Office of the FAIS Ombud has grown into a recognized institution for dispute resolution.
An adversarial system of dispute resolution has proved to be both time consuming and expensive. In fact there is an international trend for industry and commerce to move to a more cost effective and efficient form of dispute resolution. This office has proved that viable alternatives are available. The Financial Services Industry should be commended for embracing such methods as this will promote confidence in our financial institutions.
For those of you who may not know, our journey as the FAIS Ombud began in year 2003 with the appointment of the first FAIS Ombud, our late friend Charles Pillai. I can still remember as though it was yesterday. We received our first complaint sometime in November of 2003. A month later, we received a few more. We had no legal power to entertain complaints at the time. For a while we were not worried because we had plenty to do. We occupied ourselves with designing and setting up systems.
Complaints in the meantime were trickling in at the rate of one per week. All we could do was write back to the complainants to advise that we were not officially opened, something many people found hard to believe. So here we were, five staff members of the FAIS Ombud, two of whom were technically minded, but still unable to resolve complaints. It was not long before we started feeling we were dressed up but nowhere to go. Sometime in 2004, we decided we were going to help resolve complaints even though we had no jurisdiction. So, we would receive a complaint and then inform the financial services provider concerned about the complaint. In the letter we would enquire whether they had a problem if we were to mediate on the matter. After all, it was only a matter of time before we had the legal power. One or two objected to our involvement but the majority allowed us to mediate. Once we got our foot in, we would then point to the problem as best as we could. In most instances the complaint would be resolved.
To this day, that spirit of working together is still evident. It is the FAIS Ombud working with the financial services industry and the complainants to resolve complaints. We do not and may not claim to be doing it alone. Over the eight years of our existence we have found that these relationships expedite the resolution of complaints. Where necessary we hold face to face meetings in our boardroom to discuss complaints with many FSPs. I mention that the relationship we have with FSPs is one that takes into account our professional boundaries. It is a relationship that is also accompanied with maturity and respect for our independence.
Slide title: How complaints were resolved (put slide with graphs here)
During the financial year 2009, we felt it was time to reconsider the way we do things. We identified and agreed upon specific areas of our operation which needed change. These changes were backed up by our operational goals. During the year 2010, we took a brief pause to change drivers, thereafter we started implementing the changes. First, we reconfigured the way we run our technical teams. Then we introduced new time frames for acknowledging and processing complaints. To this end we have put in place a seven day period for acknowledging new complaints. Let us explain that. We acknowledge all new complaints within 24 to 48 hours, however, we want to commit to seven days for now. We further committed to resolve at least 60 % of all of all complaints received within the financial year 2010/2011. I am pleased to announce we have more than achieved that as you shall see. With these changes, we believe we are giving those we serve a different experience. The rationale behind the changes is to ensure quicker and cost effective turnaround times. In our view, to be effective, our service must remain relevant to the needs of the users. It is in the interests of both the consumer and the FSP that complaints be resolved expeditiously.
Slide title: How complaints were resolved (put slide with graphs here)