Why the NAV of a mutual fund is most important?

There are so many specific points you have to follow closely when you are investing in the mutual fund market. There are many things that determine how well a fund does and how important it is in the list of great instruments. If you are able to understand and crack this with ease, it would be almost effortless for you to make a good amount of money in the market. How often do you find people looking to find the best kind of investment points in the mutual fund market? It is one of the hottest things to look out for in fact!

mutual funds nav

If you have been thinking about it too, look out for the NAV of mutual funds. It is the net asset value that the mutual fund holds and how large the cap size of the fund is. When you know the net asset value of a mutual fund at a specific time, you would know the exchange trade rate for that fund for that moment. It is a value that is calculated once a day and hence you would be able to know the estimated value you have to invest there.

There are going to be many more factors you have to look at closely but the mutual funds NAV would be the best thing to track so that you know the approximate growth and downfall of the fund. Many of us are aware of the running price of the different shares running, but that is a very sharp fluctuating number and can be one that cannot be tracked on a constant basis. With the NAV of mutual funds at your fingertips, you would always be able to know why and how you have to invest in these funds. In the event that you want to invest in such funds, the first thing that you have to take note of is the NAV – it would give you a clear idea on the growth that has got over the last few days, months or years and it would be a quick indicator on the trust on the fund too. Looking to invest in the mutual fund market is a great idea and most of us are sure of the returns that are available, with the right approach and the perfect research, you would be able to make a killing with mutual funds. Look out for the perfect instruments to make money with your money.

Getting a fixed regular income anytime you want!

Planning your life ahead can be quite tricky. There are so many things you need to keep in mind and most of the time you are put in a spot of bother by not knowing the key investment points you have to envisage. The reason behind this is the fact that we consider our living cycle to be one that is covered entirely on our basis of investments and the fact that one day, you would have to invest in a way that you have a monthly income plan to take care of your daily life.  These kind of plans are easy to invest in and anyone is eligible to be a part of it too.

Monthly Income Plan

Just as the name goes, the scheme gives you interest that is payable month on month, this is on the fixed deposit that is for any period between 1 to 10 years.  The interest is paid on a monthly basis that is broken down on the monthly income slabs that are kept in place. This interest is credited to your account every month and this deposit can be places for anytime between 6 months to 10 years. Of course, this also means having a clear idea on the income you would have each month. In case you are a senior citizen, you would also stand to get 0.5% more in interest too. You can have a nominee in your monthly income plan too so that your investment is secure for the long run.

These kinds of plans are a definite hit amongst the long term investor. This is mainly because of the long term goals that are linked with it and the fact that you have complete understanding of the amount you would get as interest month on month, complete control of your future is in your hands.

Important Mutual Fund Calculators

Having a clear plan is the first step to securing your future. It is absolutely important to know where you are planning to invest of course, but it is equally important to know how much you should invest and what your approximate returns would be over a period of time. It is key to understand the growth that would come your way, and this is definitely the case with mutual funds too. So, if you have been investing in these funds with a reason or a goal, calculating the different goals from it is extremely important. Let’s look at the important goals and the calculators that come with them –

  1. Planning for your child’s career: This has to be the first few if not the first goal you should plan for. Expenses on education are going to be on the rise the best way you can protect yourself from this is by investing in mutual funds. Use a calculator to plan finances for your children’s future would give you clarity and an exact figure you have to invest and reserve for this.
  2. Retirement planning: Being able to plan your retirement early is so important. It is definitely one of the toughest things to do and if you are to plan it out, you have to start early with investments in mutual funds. Using a mutual fund calculator will help you estimate the cost of living during your period of retirement and the returns you would require. With this you would be able to expect the financial wealth you need to build on.
  3. Financial health: Keeping in mind that you would require greater medical assistance in the future, you need to ensure that you are saving up for your health. Use the calculator to know your current liabilities and how much you should be saving towards your medical ailments.
  4. SIP calculator: We all have different goals to achieve in life; it could to own your dream car, buying your first home and so on. For all of those goals, it is very important to plan early. With systematic investment plans, you are able to achieve just that. It would give you a clear idea on the amount you have to invest, save and expect in returns too.

Planning is the first step towards having a secure future. Once you have clarity on this, you would be able to understand your financial stability and help you plan your future better.

Planning Your Child’s Future with Investing in Mutual Funds

Over the years, there is no doubt that there has been plenty of emphasis on the amount of money you had to save aside for your children. There are obvious methods you have to follow to ensure that you are securing their future and one of the most important methods is via a mutual fund. There are many things you have to save for with respect to your child’s future and the obvious two are marriage and education.

Many of us choose to invest in savings accounts as well as fixed deposits to accumulate over the years towards their needs but think about it, would it suffice? With the rising costs of education and inflation, it does seem impractical to invest in lower growth options as it would not grow to an amount big enough.

The simple and smart way to plan your child plans would be to invest in mutual funds. Looking at the growth rates, you can choose so many different kinds of industries and hence be able to choose the smartest sectors to invest in. Apart from this, you would be able to choose the funds based on the market cap and the kind of companies there are. So, you would be able to choose blue chip companies only so that you have only the best companies to choose from. There are many ways you can split your investments and make it divided across many different investment options. Without a doubt, it would help you across many folds of life as the incremental gain over a long period of time would be huge and hence you would be able to leverage any one of the investments for an urgent or planned need.

Education has become such a massive need today and it costs a lot of money thanks to the rising costs. Would you be able to afford this if it is not with the planned investments you make? It seems very unlikely. It would be very difficult to create an investment like that which would keep you safe from inflation otherwise. For example, a Rs 10 lakh education degree today could rise up to a cost of Rs 45 lakh degree in a period as minimal as 15 years. Imagine any investment being able to cover up your costs that have shot up in such a short period? Yes, mutual funds are the simplest and safest bet!

How to Choose the Best Performing Mutual Funds

There’s no doubt that we have to think about our investments right through the year. One of the best ways to invest today is via a mutual fund, but understanding the right fund is not really easy. It does take a lot of research and a fair bit of planning. Here are a few things you have to keep in mind before you invest –

  1. Look at the risk you are willing to take before you invest. If you are looking for a high risk investment, you can invest in funds that invest in smaller companies or in mid cap or sector funds. That means you are not banking on the past performance of the industry of fund but more on the way the sector would grow. In case you want to invest with medium or low risk, you can invest in a hybrid or a debt fund.
  2. The duration of the fund is one the most important things to look out for. The simplest way to choose the best performing mutual funds is to look the ones that mature in 8-10 years. The longer your period of investment, the better the returns.
  3. Look at the past performance: The easiest way to know about the future of the fund is to look at the past of the fund. Look at what is performing well for the past five years so that you can make an informed decision of your investment.
  4. Invest only after studying the AUM. The value of the investments in the mutual funds scheme is the AUM or assets under management. Typically, you should look at investing in a fund which has an AUM greater than Rs 100 Crores. That means there is a lot of trust on the fund.

With the right planning and research, you can definitely pick the best mutual funds to invest in. It would not only give you better insight to your investment but also better returns.

Hyderabad is the perfect spot for bike rides!

If you have been longing for a bike ride from Hyderabad this weekend, it could not have been at a better time. The weather is absolutely perfect and there are so many places to choose from within a short radius. Do not get us wrong, Hyderabad is a beautiful city too, but there is only so much of Nizam architecture you want to take on a daily basis and maybe a bike ride to rejuvenate yourself might be a good idea. Here are the top few places you can visit over the weekend and have a really amazing time.

1. Warangal: This should be one of the first places you head out to visit when you have your bike ready. Approximately 140km away from Hyderabad, you have brilliant roads to take you the distance. You should be able to reach in about 2.5 hours and there are plenty of sights to visit too. The Warangal fort and the star shaped pillar temple are must visit destinations and there are many lakes present too. The journey has scenic views and the ride is pleasant to say the least. A must-do bike trip from Hyderabad!

2. Mahabaleshwar: A great place to visit if you live near Hyderabad is Mahabaleshwar, it is just about 580km away and while it is not as cold as Ooty, the scenic beauty is just phenomenal. The key is to go during the monsoons or just post-monsoon so that you would be able to see the lakes and waterfalls in full swing, October would be the apt month. There are good roads on the way and quite a few places to visit. Pratapgarh fort is one of the best locations in Mahabaleshwar and there is a perfect spot near river Koyna to camp for long. There are also small lakes near Panchgani that would be good places to spend a quiet evening. Venna lake is a must visit too during the monsoon too. A bike trip to Mahabaleshwar or a bike trip to Panchgani guarantees great food along with great memories too.
3. Mahabubnagar: Just about 110km away from Hyderabad is Mahabubnagar, a distance that can be covered in just about 2 hours. You have many religious and ancient sites to visit and you would get some really good photographs there. Don’t forget to visit Mallela Theertham waterfalls too if you are visiting Mahabubnagar.

4. Adilabad: Just about 300km from Hyderabad comes Adilabad and there are just too many historical monuments and temples present to give it a miss. The Kuntala and Pochera waterfalls are just majestic to see and there are many wildlife sanctuaries like the Kawal, Pranahitha and Shivaram sanctuaries. Each of them is going to give you a full day activity and there’s plenty of fun there.

5. Bidar: Last and probably the best on the list is a location called Bidar that is in Karnataka, it is one of the main attractions of the state and is just about 150km away from Hyderabad. It is a serene and quiet place that would give you a high dose of Indian culture. There are too many picturesque locations and you can be sure of getting a few perfect photographs. Bahmani tombs, Choukhandi and Bidar fort are the main places to visit. You should make it a point to try the local food too; they’re known to be really lip-smacking good.

Setting out on a bike ride could be the best thing you can do to rejuvenate yourself. You would come back with a lot of energy and plenty to cheer about. Most people living in Hyderabad boast about the great locations to visit, make a check list and start ticking locations away. If you have been thinking about a way to get away from the hustle-bustle of the city, put on your helmet, get your riding shoes on and zoom away!

Kids breakfasts that are made in a jiffy!

Here is the situation – It is 6.30am and you are in the kitchen, your kids are getting ready for school and you have close to about 20 minutes to make breakfast. Quite a common challenge isn’t it? Well, we are here to help. Here are simple kids breakfast recipes that are healthy, quick and tasty – the three musts for every breakfast!

Bread toast and eggs

bread toast and eggs breakfast recipe

If you are into quick breakfasts and want to complete breakfast in a matter of minutes, nothing is as good as scrambled eggs. Eggs are a great source of protein and that is important for kids growing up. Eggs make up for plenty of vitamin A, selenium and phosphorous. All in all, it is a perfect start to the morning and can be coupled with a few slices of bread toast.

Ingredients: Two eggs, 1 tbsp of salt, 1 tbsp pepper, 1 tbsp of butter and 4 slices of bread.

Method: Whisk the eggs in a bowl and add a tbsp of water too so that it froths quickly. Add the salt and pepper to taste too and whisk for a good 4-5 minutes. Heat a frying pan and add a little oil or  butter over medium heat. Add the eggs and cook, stirring the mixture repeatedly. In about 3-4 minutes, you would have medium soft eggs that would go great with toasted bread – perfect kids recipe.

Oats & bananas!

oats and bananas breakfast recipe

Yes, you read that right. We all know that oats is a fantastic breakfast idea and makes a perfect start to the day, it has a load of essential vitamins and minerals. Since it is high in fibre, it helps in losing weight and lowering cholesterol too. It keeps you fuller for longer too, hence reducing cravings for food.

Ingredients: 2 sliced bananas, half a cup of milk, 2 bowls of oats, 1 tbsp honey

Method: Mix the oats in a bowl with little water. Cook it and stir it frequently till the mixture thickens. You can add a little sugar or even jaggery to make it taste better too. Blend the milk, bananas and honey together to make a paste. Once blended completely, mix with the hot oats and enjoy after cooling. Not only is it a tasty preparation, but is really quick breakfast recipe too.

Bread Utthapam

bread uttapam breakfast recipe

This is favourite among many kids and does not require a lot of planning or preparation either. It adds variety to your list of breakfast items and is a perfect school snack too.

Ingredients: Brown bread – 4 slices, semolina – half cup, curd – half cup, maida – 1 tbsp, water – half cup, rice flour – 1tbsp, onion – 3 tbsp chopped, carrot – 2tbsp grated, tomato – 1 tbsp, 1 tbsp of coriander leaves that are chopped and salt to taste.

Method: slice or tear the bread into small or medium sizes. Put the bread pieces, curd, semolina, ginger paste, rice flour, maida and water into a blender and make it to a fine paste. Once this is made into a fine paste, pour it into a bowl. It should not be too thick too, if so, add a little more water and blend some more. Add the grated carrots, tomatoes, onions and coriander leaves. Mix for a few minutes. Heat a tawa and put a little butter on it just like you would for a dosa. About half a tsp of oil should for the whole tawa as you add the batter on it, heat it for about 60 seconds before adding half tsp of oil and flipping the dosa! Cook it until it turns golden brown in colour. Serve this with chutney or curd, is an amazingly healthy kids breakfast and quick for you to prepare too!