Hey can you please elaborate how? I have a demat acc already but confused as to what you mean by invest in nifty 50? Can I buy and hold nifty just like any other stock? If so, how to? Or are you talking about holding niftybees?
Help would be really appreciated :))
There are mutual funds for investing on stock exchange indexes like nifty 50, nifty 150 or sensex 100 etc. I have invested in ICICI Prudential Nifty 50 Index fund currently showing 14% growth since I invested in it.
No problem mate. Also as far as I know there are 2 ways you can invest on indexes like nifty 50:-
1) There are Electronic Transfer Funds also called as ETF I am not the right person to explain exactly how these ETFs tracks the indices. But just know that by investing in these you can invest on indexes.
2) With Mutual Funds you can find a quick definition online for it.
Yeah that's about what I know about investing on indexes.
You can invest by two ways. One is etf which are traded on exchange. Second is buying index fund from mutual fund. I would advise second as it has no other charges .
There are NIFTY based ETFs you can buy stocks off, just like regular stocks. You’ll find them on most stock broking platforms.
Meanwhile Mutual funds do too.
invest in commodities like gold and silver, nifty return is around 12 percent per year, whereas gold has given the same return but with withdrawal fees and other charges where you can easily lost 2-3 percent gold is sold on weight basis if you carry a receipt and proof mark that verifies the receipt, and gold is far more liquid than anything.... you can get whatever you carry...
in what context?
etf's offer real time trading and lower expense ratio.
however, mutual funds allow to set up SIP easily.
and some trading platform do allows us to set up sip for stocks too
RD - 12500 every month. After a year transfer the amount to PPF. Put an SIP preferably large cap for atleast 8K. Ideally 10K. Whatever else is accumulated by year end, buy gold/sgb with it or you can get yourself an emergency fund set.
It does but if you invest lumpsum before the 5th of April every year, you will get extra returns. Please check regarding this online and use return calculators available. Along with the PPF interest itself, when you use RD you will get an additional 5000 rs return per year (based on current interest rates). That will be 75K approximately an additional earned amount for 15 years. Or you can reinvest it annually in stocks to gain more returns over the years.
PPF gives interest accounting for every month, so does RD
PPF interest rate > RD rate
PPF interest earned is tax free
So how can above procedure work i don't understand, the lumpsum you get from Rd with interest will still be less than the interest you would get at end of year 1 if you were to only use PPF..
[PPF Calculator - Axis ](https://www.axisbank.com/retail/calculators/ppf-calculator)
Please use this calculator to see the difference between maturity amounts when invested annually vs monthly.
You can first add 1.5L to your PPF account
Then start an RD immediately and add 12.5k monthly
After a year the RD matures with 1.5L plus interest on RD
Take the 1.5L and reinvest in PPF for the next year.
If you do not have lumpsum for the first year. You can either start an RD first and after maturity start PPF. Or invest in PPF and RD parallelly.
The time period of investment in PPF is going to be the same in either case. When you invest annually you will get 1.23 lakhs additionally plus the interest amount accumulated through RD for 15 years (approx 82000 for 6.25% pa - this will vary based on the interest % variations over the years. Variation is also applicable to PPF interest rates).
For your question why not equity: I've already made a suggestion for OP to invest some amount in Mutual fund SIP. With a 30K salary, it is important to play a little safe and not go high risk with the entire amount. Obviously returns will be lower but within a year she can either increase her income or gain knowledge about equity markets and change the fund allocation accordingly.
1. Emergency Fund:- Start investment in Recurring deposit where you would accumulate your expenses of 6 months atleast.
2. Term insurance - As you get older you have to pay higher premium so get this first.
3. Health insurance for self and parents.
4. Long term investment - Small and midcap funds.
5. For mid term - Go for hybrid and or Large cap fund.
6. Upskill: Keep growing your knowledge through free and paid courses which are in line with your interest and job.
With that income I'd say the best investment would be yourself. Invest in upskilling yourself and earn more. Even with compounding, that amount would take more than your lifetime to give sizable returns.
28 is a great age... Learn more about finance and money... You will be surprised that how less we know about it... Till then keep your money safe...
Learn about asset and liability, invest only in assets, spend less in liabilities...
All the best...
Put 1.5 lakhs every year in PPF. It's EEE (exempt-exempt-exempt from tax perspective). It's sovereign guaranteed. The real fun starts when you accumulate some money in it. It's typically got the highest interest rates of bank FDs and the income is tax tree! So by retirement age you accumulate well over 1CR in this, and you will earn about 8L tax free income without putting a penny in any kind of risk!
First define what is the goal / what are the financial goals for your life.. what is the goal of this investment? what is the time period for this goal .. rest follows from there, otherwise you are putting the cart before the horse.. Typically goals include creating an emergency fund, retirement, higher education etc..
Depending on goal, time period and your risk appetite, then you can decide on an asset allocation , i.e., combination of debt funds, equity funds - different types are there, multi asset funds etc ..
For e.g. if you have a goal with one year time horizon, then a liquid fund or ultra short term bond fund would be what you invest in, you don't put your money in nifty 50 index or mid cap etc. as these are too volatile for this short time period.
Investing in yourself (not buying things) by upskilling, learning new things related to what you want to do / are doing in life, educating yourself in personal finance etc is often the best investment, especially when you are young
Don't. Save in FD till you reach a substantial amount (say Rs 10L). Meanwhile, try to increase your salary. Then only invest in all these MF etc. MF require a long time to grow, and this amount you'll see only after 10-15 years.
Best investment will be on yourself to upskill. No other investment beats the return 👍
In general a nifty 50 & Nifty Next 50 is sufficient to beat inflation hopefully going by historical records but then these Investments are subject to Market Risks, please read the offer documents carefully before investing 🙂
Investing is fine, but have you built your emergency fund?
I'm not aware of your relationship with your parents, but always have an emergency fund, just in case. An RD of 20k per month for maybe an year or so? After that you can start investing.
Else, atleast do 10k in an RD and the rest in MFs.
Just sharing my opinion, happy to be corrected.
Save around 2 lacs first and put in an FD. This will be your emergency fund. Then you can look into SIP of 10k each month. If you are comfortable with it. Look for a mutual fund which has a good portfolio and reputation. You can buy a bit of gold if you want.
You can also put money in Nifty 50 through an ETF each month.
I would advice you to start with accumulating some emergency fund in your savings account and FD, and if you feel you have enough funds maybe atleast around 1 lakh, then you can start investing in MFs. I would advise you to have an equity - debt ratio as per your appetite but prefer equity more for long term investment.
I think you shouldn’t follow anyone’s advice blindly do some research yourself put some money here and there get some experience and learn from mistakes then you will have a clear knowledge on everything about investment and the best ways to do it but that takes time so if you cannot invest time then go for low expense ratio index funds
Invest (preferably one time) in small cap mutual funds with less AUM, and index funds(safer than previous one) , many people don’t know this but it gives much more returns than in sips in normal funds
My NPS has given me good returns... I have tier 1 NPS meaning you can get the amount at 60 age ... pension.
I suggest trickle in 5% -10% of you basic salary ( you can get it from salary slip) to the account...
As you salary grows so will the contribution...at older age this amount will help through some tough times
Apart from it ...put money in sips
Simulate your monthly expenses assuming you were alone.
Save 6-12x that monthly expense in a savings account earmarked as emergency a/c.
Save and invest for short term & long term goals.
Short term goals may be marriage or going abroad for higher studies.
Long term goals will include retirement.
For short term goals, put your money in FDs/RDs.
For long term goals, put your money in a diversified equity MF.
Short term < 3 years
Long term > 7 years
Medium term = 3-7 years (consider hybrid MFs)
Safe advice: (and probably good advice too): start a SIP using Zerodha Coin into say HDFC Balanced Advantage Fund (safe fund, steady 18.2% CAGR over decades, 23% higher returns than NIFTY since inception >15 yrs back, 60k Cr AUM)\*
If it was me, I would focus on anything that helps increase income; more classes, education, networking, becoming an influencer etc. Not as safe as a MF SIP but you're young and a 25-30% increase in income would be worth a lot more than any returns from investing. If you get a remote job working for a US co, you may be able to get 5x your current income.
\* I don't get commissions from HDFC or Zerodha :) Do your own research etc. I am not a financial advisor.
* If you haven't, first save up 6 months of an emergency fund (sort of 1-1.5L) in an FD/Liquid Fund.
* Start an SIP of 15K/mo in UTI Nifty 50 Index Fund-Direct Plan.
For the rest, you can keep it to buy a term insurance plan as well a health insurance plan. Premiums of both combined may cost you upto 20K annually.
You should seek professional advice, I'm an equity analyst. Following advice from random people may not get you the best results, although there are wise people here. A professional knows exactly what the client needs, what's the risk appetite and what would be best for him or her. I can refer you to a startup in this area, they don't charge anything as this is a startup rn.
Find a rich husband as soon as possible..... u would hate my advise but it's the best advise and I don't want you to be feministic now and regret later.
as far as investing whether it be stocks, shares or mutual funds i would suggest getting in touch with ur banks personal wealth manager they can show you whats options they have.you can turn ur investing into a sip where the amount allocated to the chosen asset. is growing every month.
would suggest having a backup contingency fund between 50 to 75k as liquid assets that can be utilised during any unforeseen emergency without disrupting ur monthly investment portfoliio
Your investment strategy should depend on your future goals and also take into consideration your current savings.
Your income is below the tax threshold so I won’t advise PPF right now. It’s a great investment no doubt but it shouldn’t be your ONLY investment. You can start a PPF when you have more money available and can put 1.5 lakh lumpsum every April in it.
Start some SIP in a flexi cap fund (quant flexi cap or Parag Parikh flexi cap are both good options) or a nifty tracker fund (NAVI nifty 50 index fund is what I use).
Invest ur 30 % of ur income in bitcoin , etherium and other currencies... PREFERABLY with 2 or 3 x margin and then see .. u will always thank me till the end ... U can easily make 300 to 400% return with in a 2 year
I am 20/M rest is the same as you. I invest in Mutual Funds and Bonds. Coin is a good app, go for a balanced fund. For Bonds I use Kotak Cherry , they have some good options.
Nifty 50. Invest it thwre whatever is left every month
Hey can you please elaborate how? I have a demat acc already but confused as to what you mean by invest in nifty 50? Can I buy and hold nifty just like any other stock? If so, how to? Or are you talking about holding niftybees? Help would be really appreciated :))
There are mutual funds for investing on stock exchange indexes like nifty 50, nifty 150 or sensex 100 etc. I have invested in ICICI Prudential Nifty 50 Index fund currently showing 14% growth since I invested in it.
Thanks a tonne man! :)) Now that I have some idea imma be able to find more info online! Bless🫶🏾
No problem mate. Also as far as I know there are 2 ways you can invest on indexes like nifty 50:- 1) There are Electronic Transfer Funds also called as ETF I am not the right person to explain exactly how these ETFs tracks the indices. But just know that by investing in these you can invest on indexes. 2) With Mutual Funds you can find a quick definition online for it. Yeah that's about what I know about investing on indexes.
ETF - Exchange Traded Funda
Enough info for me to get into it man! Thank you for elaborating! Time to get into it! Bless🫶🏾
You can invest by two ways. One is etf which are traded on exchange. Second is buying index fund from mutual fund. I would advise second as it has no other charges .
Yessir got it! Much appreciated! <3
Are the returns same for both?
Yes but index fund little bit better
There are NIFTY based ETFs you can buy stocks off, just like regular stocks. You’ll find them on most stock broking platforms. Meanwhile Mutual funds do too.
Gotit broski👌🏾
invest in commodities like gold and silver, nifty return is around 12 percent per year, whereas gold has given the same return but with withdrawal fees and other charges where you can easily lost 2-3 percent gold is sold on weight basis if you carry a receipt and proof mark that verifies the receipt, and gold is far more liquid than anything.... you can get whatever you carry...
+1
Invest first and spend whatever is left.
Yes if delayed gratification is not problem for you
Mutual Funds - SIPs usually. I've been investing for the last decade and the results are good over long term.
MFs do not give the return they used to give a few years ago.
Curious to know returns past vs now
What a stupid generalized statement
Cab you suggest ways how to find a good SIP to invest?
index funds with less expense ratio or if you have demat account invest directly in index etf
Aren’t index funds better than etf’s?
in what context? etf's offer real time trading and lower expense ratio. however, mutual funds allow to set up SIP easily. and some trading platform do allows us to set up sip for stocks too
How are the returns?
RD - 12500 every month. After a year transfer the amount to PPF. Put an SIP preferably large cap for atleast 8K. Ideally 10K. Whatever else is accumulated by year end, buy gold/sgb with it or you can get yourself an emergency fund set.
Why not put 12.5k in PPF directly at the beginning of the month? Why invest in PPF only , why not in equity is the second question..
You'll get interest on your RD after maturity. And you will get more interest on PPF when you invest lumpsum compared to monthly investment.
So PPF also gives interest on a monthly basis and that is tax free as well..
It does but if you invest lumpsum before the 5th of April every year, you will get extra returns. Please check regarding this online and use return calculators available. Along with the PPF interest itself, when you use RD you will get an additional 5000 rs return per year (based on current interest rates). That will be 75K approximately an additional earned amount for 15 years. Or you can reinvest it annually in stocks to gain more returns over the years.
PPF gives interest accounting for every month, so does RD PPF interest rate > RD rate PPF interest earned is tax free So how can above procedure work i don't understand, the lumpsum you get from Rd with interest will still be less than the interest you would get at end of year 1 if you were to only use PPF..
[PPF Calculator - Axis ](https://www.axisbank.com/retail/calculators/ppf-calculator) Please use this calculator to see the difference between maturity amounts when invested annually vs monthly. You can first add 1.5L to your PPF account Then start an RD immediately and add 12.5k monthly After a year the RD matures with 1.5L plus interest on RD Take the 1.5L and reinvest in PPF for the next year. If you do not have lumpsum for the first year. You can either start an RD first and after maturity start PPF. Or invest in PPF and RD parallelly. The time period of investment in PPF is going to be the same in either case. When you invest annually you will get 1.23 lakhs additionally plus the interest amount accumulated through RD for 15 years (approx 82000 for 6.25% pa - this will vary based on the interest % variations over the years. Variation is also applicable to PPF interest rates).
For your question why not equity: I've already made a suggestion for OP to invest some amount in Mutual fund SIP. With a 30K salary, it is important to play a little safe and not go high risk with the entire amount. Obviously returns will be lower but within a year she can either increase her income or gain knowledge about equity markets and change the fund allocation accordingly.
1. Emergency Fund:- Start investment in Recurring deposit where you would accumulate your expenses of 6 months atleast. 2. Term insurance - As you get older you have to pay higher premium so get this first. 3. Health insurance for self and parents. 4. Long term investment - Small and midcap funds. 5. For mid term - Go for hybrid and or Large cap fund. 6. Upskill: Keep growing your knowledge through free and paid courses which are in line with your interest and job.
With that income I'd say the best investment would be yourself. Invest in upskilling yourself and earn more. Even with compounding, that amount would take more than your lifetime to give sizable returns.
28 is a great age... Learn more about finance and money... You will be surprised that how less we know about it... Till then keep your money safe... Learn about asset and liability, invest only in assets, spend less in liabilities... All the best...
Invest in yourself and upskill.
Put 1.5 lakhs every year in PPF. It's EEE (exempt-exempt-exempt from tax perspective). It's sovereign guaranteed. The real fun starts when you accumulate some money in it. It's typically got the highest interest rates of bank FDs and the income is tax tree! So by retirement age you accumulate well over 1CR in this, and you will earn about 8L tax free income without putting a penny in any kind of risk!
But less liquidity for PPF, right?
First define what is the goal / what are the financial goals for your life.. what is the goal of this investment? what is the time period for this goal .. rest follows from there, otherwise you are putting the cart before the horse.. Typically goals include creating an emergency fund, retirement, higher education etc.. Depending on goal, time period and your risk appetite, then you can decide on an asset allocation , i.e., combination of debt funds, equity funds - different types are there, multi asset funds etc .. For e.g. if you have a goal with one year time horizon, then a liquid fund or ultra short term bond fund would be what you invest in, you don't put your money in nifty 50 index or mid cap etc. as these are too volatile for this short time period. Investing in yourself (not buying things) by upskilling, learning new things related to what you want to do / are doing in life, educating yourself in personal finance etc is often the best investment, especially when you are young
invest on yourself and gain niche skills
Don't. Save in FD till you reach a substantial amount (say Rs 10L). Meanwhile, try to increase your salary. Then only invest in all these MF etc. MF require a long time to grow, and this amount you'll see only after 10-15 years.
Best investment will be on yourself to upskill. No other investment beats the return 👍 In general a nifty 50 & Nifty Next 50 is sufficient to beat inflation hopefully going by historical records but then these Investments are subject to Market Risks, please read the offer documents carefully before investing 🙂
Investing is fine, but have you built your emergency fund? I'm not aware of your relationship with your parents, but always have an emergency fund, just in case. An RD of 20k per month for maybe an year or so? After that you can start investing. Else, atleast do 10k in an RD and the rest in MFs. Just sharing my opinion, happy to be corrected.
Save around 2 lacs first and put in an FD. This will be your emergency fund. Then you can look into SIP of 10k each month. If you are comfortable with it. Look for a mutual fund which has a good portfolio and reputation. You can buy a bit of gold if you want. You can also put money in Nifty 50 through an ETF each month.
Deposit 1,000 in PPF, 1,000 in NPS and 1,000 in Small Cap Mutual Funds (continue for 22 years). God Bless You.
Get married
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Most likely horrible investment. Nifty 50 is a better place to invest, invest for long term. Invest and forget.
A relationship that can end up in a life changing experience.
I would advice you to start with accumulating some emergency fund in your savings account and FD, and if you feel you have enough funds maybe atleast around 1 lakh, then you can start investing in MFs. I would advise you to have an equity - debt ratio as per your appetite but prefer equity more for long term investment.
Invest in mutual fund.
Depending how much you need from that 30K Start SIPs Equity funds - MidCap
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Which one's the best Nifty 50 MF? Is UTI good?
Build corpus first. There are thousand ways to invest but first save good money in FDs for liquidity
Go for hybrid/Balance funds
I think you shouldn’t follow anyone’s advice blindly do some research yourself put some money here and there get some experience and learn from mistakes then you will have a clear knowledge on everything about investment and the best ways to do it but that takes time so if you cannot invest time then go for low expense ratio index funds
Invest (preferably one time) in small cap mutual funds with less AUM, and index funds(safer than previous one) , many people don’t know this but it gives much more returns than in sips in normal funds
My NPS has given me good returns... I have tier 1 NPS meaning you can get the amount at 60 age ... pension. I suggest trickle in 5% -10% of you basic salary ( you can get it from salary slip) to the account... As you salary grows so will the contribution...at older age this amount will help through some tough times Apart from it ...put money in sips
SIP in ETFs
Simulate your monthly expenses assuming you were alone. Save 6-12x that monthly expense in a savings account earmarked as emergency a/c. Save and invest for short term & long term goals. Short term goals may be marriage or going abroad for higher studies. Long term goals will include retirement. For short term goals, put your money in FDs/RDs. For long term goals, put your money in a diversified equity MF. Short term < 3 years Long term > 7 years Medium term = 3-7 years (consider hybrid MFs)
the best thing will be to invest in courses and yourself to upskill and increase your salary
Upskill
Safe advice: (and probably good advice too): start a SIP using Zerodha Coin into say HDFC Balanced Advantage Fund (safe fund, steady 18.2% CAGR over decades, 23% higher returns than NIFTY since inception >15 yrs back, 60k Cr AUM)\* If it was me, I would focus on anything that helps increase income; more classes, education, networking, becoming an influencer etc. Not as safe as a MF SIP but you're young and a 25-30% increase in income would be worth a lot more than any returns from investing. If you get a remote job working for a US co, you may be able to get 5x your current income. \* I don't get commissions from HDFC or Zerodha :) Do your own research etc. I am not a financial advisor.
* If you haven't, first save up 6 months of an emergency fund (sort of 1-1.5L) in an FD/Liquid Fund. * Start an SIP of 15K/mo in UTI Nifty 50 Index Fund-Direct Plan. For the rest, you can keep it to buy a term insurance plan as well a health insurance plan. Premiums of both combined may cost you upto 20K annually.
SIP in niftybees whatever you have and forget.
You need more income
NPS PPF Silver Gold Stocks Mutual funds FD's
You should seek professional advice, I'm an equity analyst. Following advice from random people may not get you the best results, although there are wise people here. A professional knows exactly what the client needs, what's the risk appetite and what would be best for him or her. I can refer you to a startup in this area, they don't charge anything as this is a startup rn.
Find a rich husband as soon as possible..... u would hate my advise but it's the best advise and I don't want you to be feministic now and regret later.
as far as investing whether it be stocks, shares or mutual funds i would suggest getting in touch with ur banks personal wealth manager they can show you whats options they have.you can turn ur investing into a sip where the amount allocated to the chosen asset. is growing every month. would suggest having a backup contingency fund between 50 to 75k as liquid assets that can be utilised during any unforeseen emergency without disrupting ur monthly investment portfoliio
Your investment strategy should depend on your future goals and also take into consideration your current savings. Your income is below the tax threshold so I won’t advise PPF right now. It’s a great investment no doubt but it shouldn’t be your ONLY investment. You can start a PPF when you have more money available and can put 1.5 lakh lumpsum every April in it. Start some SIP in a flexi cap fund (quant flexi cap or Parag Parikh flexi cap are both good options) or a nifty tracker fund (NAVI nifty 50 index fund is what I use).
Invest ur 30 % of ur income in bitcoin , etherium and other currencies... PREFERABLY with 2 or 3 x margin and then see .. u will always thank me till the end ... U can easily make 300 to 400% return with in a 2 year
I am 20/M rest is the same as you. I invest in Mutual Funds and Bonds. Coin is a good app, go for a balanced fund. For Bonds I use Kotak Cherry , they have some good options.