Our goal at Asfin Loans is to provide access to Home, Car, Personal and Business loan at insight competitive interest rates. We are the loan provider, you can use our loan product.
Investment Plans are essentially financial instruments that help create sustainable wealth for the future. Various investment plans in India enable us to invest our savings into different money-market products in a disciplined and periodic manner to achieve our financial goals.
Overall, investment plans provide the much-needed advantage of maximizing our savings through systematic, long-term investments and create wealth for the future. The first step towards having the investment plan in India is to assess your risk profile and financial needs, and then choose an investment plan that aligns with your needs. Some of the investment options in India include:
These investment plans and many others require you to conduct thorough research and then choosing investment schemes that provide long-term sustainable gains, tax-saving benefits, and capital appreciation. Several investment plans in India can work for you.
The first thing to consider before choosing an investment plan is your monetary goals, both long-term and short-term. These goals can be anything from marriage and education to international trips and new smartphones and keeping such financial goals will help you make an informed decision. For instance, if you want to save up for an upcoming trip to your favorite foreign destination, then a recurring deposit or post office deposit might be amongst the best investment scheme for you.
If you’re looking for an investment plan in India, an important step is figuring out your planned future expenses such as your child’s marriage and education or buying a home. Doing so will give you a better idea of how much you need to invest now to get sufficient returns later that can fulfill any upcoming expenditure.
Evaluating your present-day expenses is an essential part of looking for the best investment scheme. For instance, if you have no major expenses such as house rent then you can save or invest more for the long run. However, if you have certain monetary obligations that don’t let you save much, then investing in an investment plan with high returns will be more beneficial.
When buying an investment plan in India, most people don’t take their financial dependents into consideration. However, doing so is important as you need to have an investment or savings pool that will be sufficient for the monetary goals of your dependents as well. For instance, if you only have two children who are dependent on you, then you might not need to invest as much a someone who also has their parents, siblings, and kids to take care of.
Systematic Investment Plan (SIP) is an investment route offered by Mutual Funds wherein one can invest a fixed amount in a Mutual Fund scheme at regular intervals– say once a month or once a quarter, instead of making a lump-sum investment. The installment amount could be as little as INR 500 a month and is similar to a recurring deposit. It’s convenient as you can give your bank standing instructions to debit the amount every month.
SIP has been gaining popularity among Indian MF investors, as it helps in investing in a disciplined manner without worrying about market volatility and timing the market. Systematic Investment Plans offered by Mutual Funds are easily the best way to enter the world of investments for the long term. It is very important to invest for the long-term, which means that you should start investing early, in order to maximize the end returns. So your mantra should be – Start Early, Invest Regularly to get the best out of your investments.
For More info contact our Relationship Manger :
DISCLAIMER : Asfin Wealth Managment Private Limited intends to provide clear and unbiased information about Loans and Credit Cards & Insurance/ Investment services. The information and data are generic in nature. Our efforts are to offer unbiased, accurate and responsible data to the best of our ability. We are however, in no manner or form responsible for any discrepancies in the data published on our website. There is no intention or purpose of violating any intellectual property or ancillary rights. All information provided on the portal www.asfinloans.com is subject to it’s discretion and is likely to change without any notice. Although we have tried to maintain high standards inquality, clarity and accuracy of the material posted on the portal www.asfinloans.com is not legally responsible for the same in any manner what so ever. Employees, partners and associated staff of ASFIN WEALTH MANAGMENT PRIVATE LIMITED are not accountable for any loss, harm or damage that occurs or may occur or aries from the usage of information from the portal. Customers advised to use their own discretion in such matters. It is mutual understanding between us and the customers that their association with the portal will be at the customer’s sole discretion and risk.
