Shashi Money

How a Password Changed my Life ...Inspired from a true story from the Reader’s Digest ... I was having an average  morning until I sat down in front of my office computer "your password has expired”, a server message flashed on my screen, with instructions for changing it... In my company we have to change passwords monthly..I was deeply depressed after my recent breakup. Disbelief over what she had done to me was what I thought all day long .... I remembered a tip I’d heard from my former boss. He’d said, “I’m going to use a password that is going to change my life”. I couldn’t focus on getting things done in my current mood.. My password reminded me that I shouldn’t let myself be a victim of my recent breakup and that I was strong enough to do something about it. I made my password – Forgive@her.  I had to type this password several times every day, each time my computer would lock. Each time I came back from lunch I wrote forgive her.  The simple action changed the way I looked

 Do not look at past 1/2/3/5 year returns of debt MFs and compare with current FD rates.  If you have to compare, then compare what was the FD rate 1/2/3/5 years back. That is what you have got and then only compare past performance of Debt MFs. But better way is to look at current FD rates of 1/2/3/5 year period and compare YTM of the Debt MFs of the similar time period.  This picture is for funds of Kotak MF. Debt Funds from Other MFs have almost similar YTM.  In addition to this you will get additional benefits by investing in Debt MFs.  - Debt MFs’ YTM is higher then most FDs. - Diversification. - Compounding (FD have coupon but do not compounds effectively)  - Tax Efficiency  - Holding Period Return. - No leakages (Interest received by the debt MF get invested immediately unlike interest received by the investors) Save this message. Over next 3/5 years and even for longer tenure, Debt MFs have high probability to outperform most FDs. Source: Vijai Mantri

 Source: Forward

 

 

A new investor recently met me and asked, "how much returns he will get if he invests a certain amount of money in mutual funds". I told him it depends on him, not me. And he was quite amused as he thought I should know because I am the person who will suggest to him the right investment products which can yield good returns. I explained to him that the investment world is dynamic and things change from time to time. Sometimes, there is euphoria in the marketplace, and yet there are times when everything seems to be going down. If you follow asset allocation, and stay disciplined in your investment journey you can expect a better return. However, if you get excited or panic with every news (good or bad), it could affect the portfolio negatively. The right product does matter but it is the investor behavior that is the key to investment returns. Finally, I told him, "Mileage depends on the driver, not just the car. The smoother you drive, the higher the mileage would be.&

 

Most of the common questions about the physical mandate are explained in detail here: https://www.mfuindia.com/PayEezzFAQ Instructions to fill PayEezz form: https://www.mfuindia.com/PayEezzInstruction Application submission centers - All CAMS, Kfintech centers: https://www.mfuindia.com/MFUPOS

Register as a Distributor on CAMS (here: https://www.camsonline.com/Distributors/Service-Requests/Distributor-Mailback-Services/Request-Mailback) Register as a Distributor on Kfintech (here: https://mfs.kfintech.com/mfs/distributor/distributor_Login.aspx).  Request the WBR77 report from CAMS  Request the MFSD205 from Kfintech.  These reports have details of the brokerage paid to you by AMC's serviced by CAMS and Kfintech.  You can download other reports as required. Information about all possible reports available to distributors is available in Distributor Manual CAMS: https://www.camsonline.com/assets/PDF/usermanual/Distributor-user-manual.pdf Kfintech: https://mfs.kfintech.com/mfs/Distributor/Downloads/DistributorManual.pdf. Please note that if you are new and your brokerage is less than their threshold brokerage (Rs.100, Rs.250/- for different AMCs) then the payout won't happen until the threshold is reached. In case you have questions you can contact the  Distributor helpd