DO YOU KNOW WE CAN INSTANTLY WITHDRAW MONEY FROM OUR MUTUAL FUND ACCOUNTS ? YES, YOU CAN INSTANTLY WITHDRAW MONEY YOU HAVE KEPT ASIDE AS EMERGENCY FUND IN SAVINGS BANK ACCOUNTS .
An emergency fund is an account for funds set aside in case of the event of a personal financial dilemma, such as the loss of a job, a debilitating illness or a major repair to your home.
Most experts believe you should have enough money in your emergency fund to cover at least 3 to 6 months' worth of living expenses .
The emergency fund should be placed in highly liquid investments so that we may take out the money in case of any emergencies .
The saving bank account of is the highly liquid instrument to keep emergency funds but the problem is that the interest rate of saving bank account is between 3.5% to 4.0% which is very low considering the inflation which is around 5% to 6% . So the real return ( above inflation ) earned by the saving bank account is negative . So in spite your money grows in saving bank account , you are not earning anything .
So what is the option left with the investor . The option to this is liquid mutual funds . Yes , we can also instantly redeem our money in liquid mutual funds .Its the alternate to saving bank account . The current interest that is earned by liquid mutual funds is in the range of 7- 7.5% .
Mutual funds allow instant redemption facility in some of the liquid funds . The best platform in India is FundzBazar through which we can Instantly withdraw the money in our liquid
mutual funds .
FUNDZBAZAR, Best Online Mutual Fund Investment Platform in India
IF YOU WANT TO USE FUNDZBAZAR AND WANT HELP OUR TEAM CAN HELP YOU OUT , KINDLY LEAVE YOUR NAME AND MOBILE NO. IN COMMENTS SECTION .
mutual funds .
FUNDZBAZAR, Best Online Mutual Fund Investment Platform in India
SMART INVESTING , 100% PAPERLESS
Now you can
manage your clients online & hassle free.
Go digital
& grow your business with FundzBazar .
Advantages :
·
Online Mutual Fund Transaction Facility for Clients.
·
Online facility to complete KYC in just 2 minutes.
·
Facility to manage all investments of clients family under
single login with multiple holding combinations.
·
Facility to manage all investments of clients in the name of
individual, NRI, Minor & HUF under single login
·
Facility to make transactions through 900+ banks.
·
Clients can register and transact through mobile app also.
·
Unique facility wherein, IFA’s can also initiate transactions on
client’s behalf.
·
Embedded Link with Channel Partner’s code and EUIN for new
client acquisition through Website or FundzBazar Play store Mobile App.
·
On clicking on embedded link, client gets automatically mapped
to the respective IFA.
·
Online facility to move existing Mutual Fund investment to
FundzBazar.
·
Single Mandate for transaction in all Mutual Funds.
·
Unique Features like; SIP Pause, Trigger Facility, Goal Mapping,
WRAP Account etc available.
·
Goal tracker and other reports like Portfolio valuation, Gain
& Loss reports will help IFAs manage client’s money in a better way
·
Online facility to Invest in National Pension Scheme
(NPS) through FundzBazar account only.
FundzBazar Features:
·
Complete paperless transactions platform
·
Start Any Date & Perpetual SIP, Change SIP tenure &
amount, Pause/Stop SIP
·
Choose InstaFundz to Redeem investments from
liquid funds 24*7 and get the amount in just 30 minutes
·
Step up SIP will increase the SIP
amount automatically at a predefined period
·
Set up triggers based on Sensex, Scheme NAV
or Returns for various transactions
·
Goal based investing identifies the amount
required for investments, Creating various goals, assigning existing & new
investments to goals and reviewing the progress towards goal achievement
·
WRAP Portfolios are Pre-defined portfolios
of well researched schemes based on investors risk appetite
·
Shubh Shuruat is an ideal portfolio of
recommended schemes to start the investment journey with
·
Valuation/Transaction Reports to
analyze and track performance of funds & portfolio
·
Research Reports to track & compare
mutual fund schemes & industry statistics on various parameters
·
Portfolio Scanner Report will scan
the entire portfolio of all client’s family members on a single click.
·
FundzBazar has won CNBC TV18 Best
Financial Advisor Award for 5 years in a row .
IF YOU WANT TO USE FUNDZBAZAR AND WANT HELP OUR TEAM CAN HELP YOU OUT , KINDLY LEAVE YOUR NAME AND MOBILE NO. IN COMMENTS SECTION .
Good valuable information... A mutual fund is a good financial product which can make more money. But choosing the right funds can make this possible.
ReplyDeleteBest financial advisors in Chennai
Financial planners in Chennai
Investment advisor in Chennai
Financial planner near me
Nice Article. Thank you for sharing the informative article with us.
ReplyDeleteNSE
investing