Mutual fund me invest kaise kare | How to start sip in mutual fund | Invest in mutual funds | Guide

Summary

This video provides a comprehensive guide to investing in mutual funds through the Angel One platform. It explains the benefits of mutual funds over stock investments, especially for those lacking market knowledge or time. The video walks viewers through the process of opening an Angel One account, choosing funds based on categories like high returns or tax savings, and setting up SIP (Systematic Investment Plan) or lump sum investments. With clear instructions and visual guidance, it empowers viewers to start investing with small amounts, making it an accessible investment option for everyone.

Takeaways

• 😀 Mutual funds are the second-best investment option after stocks, offering lower risk by diversifying investments across multiple companies.
• 😀 If you lack stock market knowledge or the time to track individual companies, mutual funds managed by experts are a great option.
• 😀 You can start investing in mutual funds with as little as ₹100, making it accessible for everyone, even those earning ₹15,000–20,000 a month.
• 😀 The process of investing in mutual funds through the Angel One platform involves opening an account, installing the app, and selecting mutual funds based on categories such as 'Top Rated' and 'High Returns'.
• 😀 Mutual funds are categorized into types like tax-saving funds (with a 3-year lock-in period) and sector-specific funds (e.g., technology, banking).
• 😀 You can calculate your returns using the mutual fund's built-in calculator, which provides an estimate based on past performance.
• 😀 There is no lock-in period for most mutual funds, allowing investors to redeem their investment anytime without penalties.
• 😀 Investment amounts and timelines can be customized, with calculators available for both SIP (Systematic Investment Plan) and lump-sum (one-time) investments.
• 😀 Exit load and tax implications are important considerations—an exit load of 1% applies if redeemed within one year, and long-term capital gains are taxed at 10% after one year.
• 😀 Mutual fund investments are directly linked to your bank account, meaning the units are purchased from your bank and credited back into your bank account when redeemed.
• 😀 The SIP (Systematic Investment Plan) option allows you to invest monthly at a fixed amount, with the flexibility to set the date for automatic deductions from your bank account.

Q & A

What is the second-best investment option after stocks?

Mutual funds are the second-best investment option after stocks, as they allow you to invest in a variety of companies, managed by expert fund managers, which reduces risk.

What is a SIP in mutual funds and why is it beneficial?

SIP stands for Systematic Investment Plan. It allows you to invest a fixed amount regularly, which helps in compounding returns over the long term. It is beneficial for those who may not have a large sum to invest initially.

Can I start investing in mutual funds with a small amount?

Yes, you can start investing in mutual funds with as little as ₹100, making it accessible for people with lower investment budgets.

How do I begin investing in mutual funds?

To start investing in mutual funds, you need to open an Angel One account, after which you can install the Angel Spark app. Through the app, you can explore various categories of mutual funds and select one based on your goals.

What types of mutual funds are available to invest in?

There are various categories of mutual funds, including top-rated funds, high returns funds, tax-saving funds (with a 3-year lock-in), low-risk funds, and sector-specific funds (such as technology or banking).

How can I track the performance of a mutual fund?

You can track the performance of a mutual fund by reviewing its 3-year, 5-year, and all-time return charts available in the Angel Spark app. Additionally, you can calculate potential returns based on past performance using the app's calculator.

What is the exit load in mutual funds?

Exit load refers to the fee charged if you redeem your mutual fund investment before a specified period. For example, if you redeem before 1 year, an exit load of 1% may apply. After 1 year, no exit load is charged.

What is the tax on mutual fund investments?

The tax on mutual fund investments depends on the duration. If you redeem your investment within 1 year, it is subject to 15% short-term capital gains tax. After 1 year, it is subject to 10% long-term capital gains tax.

What is the difference between SIP and lump-sum investments in mutual funds?

SIP is a regular investment where you invest a fixed amount monthly, while lump-sum investment is a one-time, larger investment. SIP helps in averaging the purchase cost and mitigating market volatility over time.

How do I pay for mutual fund investments?

You can pay for mutual fund investments using various methods, such as internet banking or apps like Google Pay. Payments are made from your bank account linked to your Angel One account.