Savepro - Gaindamull Hemraj Financial Services

An open-end mutual fund issues a total number of shares that investors want to buy. It also buys shares back from investors. On the other hand, closed-end funds limit the number of shares that it issues. It also doesn’t allow you to buy back shares. As per Savepro , a financial advisor, the total value of an open-end share is equal to the net asset value (NAV). The NAV is calculated by decreasing the liabilities from the fund’s total asset value and then dividing the amount from total shares outstanding. Also, Savepro suggests investors choose open-ended funds over close-ended funds. This is because of varied reasons. Firstly, open-end funds offer investors to meet their investment objectives, such as investing in small and large-cap companies or investing for growth, etc. Secondly, it helps investors build a diversified portfolio. Third, the fund is closed to new investors if the asset value of the funds becomes too large for its objectives. Lastly, open-end funds are not old

The New Year is typically the best time to revisit and re-assure your investment portfolio. As an investor Savepro suggests you should definitely review/re-assess/check/re-evaluate five important things. These include your financial plan, asset allocation, and re-balancing, insurance, debt, and estate documents. Drafting a Financial Plan The top priority for you every year should be to maintain your financial health. This should be done by drafting a financial plan for the year. Therefore, you should update your assets, insurance coverage, liabilities and goals. According to Savepro , this will enable you to have a clear picture of your assets and liabilities for the upcoming year. So, an annual update of your financial plan will boost the health of your financial portfolio. Asset Allocation Review Managing and reviewing asset allocation is a need to have consistent financial growth. This helps to make sure that the objective of your financial plan is crystal c

The New Year Investment  One of the greatest resolutions you can make for the coming new year is to splurge less and save more! Limiting your impulsive expenses is a great way to curb all the unnecessary. Don’t worry, and we are not going to lecture you on how to invest or plan your finances according to a specific budget.  Savepro  lists out five basics that you need to be aware of for a healthy financial life. 1. Make sure that you are pre-planning your investments ahead of all the time. This will help you in making informed decisions, as seen a lot of investments are made in haste. When you have money at hand, you randomly invest in anything that is looking attractive at that point in time. For a planned approach, ensure that you are targeting the goals and tagging those investments with the purpose. Make sure that you know what your aim is, and where do you see splurging that on the next coming years. This will help you conclude in the right instrument to invest upon. This

Public Provident Fund  When it comes to investing money, we are drenched in a pool of options. Many of these are successful in ticking off almost all the conditions such as high returns, low risk, feasibility in the liquidity of portfolio, and tax saving. A mutual fund is said to be the ideal investment option in the current scenario. To make the picture more transparent, we at Savepro  are going to compare mutual fund investment with other investment avenue– PPF. Mutual Fund  I.MUTUAL FUNDS VS. PUBLIC PROVIDENT FUND (PPF) PPF is a savings scheme which accumulates savings and provides a reasonable interest rate along with tax benefits. Mutual funds, on the contrary, are offered by asset management companies and designed to cater to the needs of the investor based upon his risk taking capacity. They try to invest the corpus of the fund in stocks, bonds, government securities, and money market instruments to accomplish investor’s financial goals.