Ark wins Emerging Advisor Award 🙂

Launching Mutual Fund Blog – FundSketch

Launching Mutual Fund Blog – FundSketch

Greetings!!

Today we are launching this Mutual Fund Blog but before you read WHY? – go through short story of our COIN.

Our Re 1 Coin

My sister was born in year 1980; at that time my family received a lot of Rs 1 COINS as gift from relatives and well wishers. My family had options to invest this Rupee in Fixed Deposit, Gold and The New Born Equity-SENSEX. But they had a little understanding of Baby Sensex, the major amount was invested with the other two options.

FundSketch Coin

In September 2009 when Sensex touched 16000 & Gold was also Shining, I just thought what my family gained out of their investments of that Re 1 invested in 1980.

Re 1 invested in Fixed Deposit became Rs 18 (Wow, 18 times!!!)

Re 1 invested in Gold became Rs 12 (Not Bad)

But hey, what about the Baby Sensex? Did someone say Rs 125? Come again…..

Means Re 1 would have grown by 125 TIMES in last 30 years!!!!

Immediately my mind pondered over:
 Equity & Mutual Fund investments have done so well, but why investors have done poorly?
 Why don’t people plan their financial life?
 Why people think financial planning is only about investing in shares, mutual fund or buying an insurance policy?
 Why financial advisor sell only products & not build a proper PLAN?

My answer to these questions was to venture in the field of Financial Planning and to use my experience and knowledge so that:
• People are GUIDED in a professional and planned way to accomplish all their FINANCIAL GOALS.
• People are at PEACE when it comes to investing or planning for their future.

Finally I launched my practice & The Financial Literates (TFL) blog in 2009….. now Re 1 had grown 235 TIMES in 35 years. That means Indian investors would have made tons of money but reality is far from this:

  • Indians invest less than 2-3% of their financial savings in equity markets.
  • FII now own 21% of Indian Equities & more than 40% of free float.

Foreigners believe in our economy & reap the benefits – THINK!! Why my Re 1 is stopped to grow…. When it can grow upto 235 times

Why Mutual Fund Blog?

Mutual Fund & ETFs are great way to invest in equity & participate in growth of the economy. Do you know: 29% of American households invest more than 50% of their financial savings through mutual funds? But if I talk about India – let’s not talk about it.

Ok… Very few people are aware about mutual funds in India & after interacting with them I think even they know very little or understand it in wrong sense.

Last week one new paper had this headline “Mutual funds near Rs 12 lakh crore mark in FY15” – it’s not a small amount but it hurts when the article still points towards such basic things “MFs collect money from investors and later invest the same in various market segments, including stocks, IPOs (primary market) and bonds.” This clearly hints towards low level of awareness.

Finally decided to Launch FundSketch Blog (dedicated Mutual Fund Blog) – this will be managed by my partner Vikas Agarwal. You will see articles & ideas showering from next week. Hope this will be useful – will love to see your comments & suggestions on articles. Must check our journey till this point – click here.

Wish us luck in this new journey!!

You can also read existing articles:

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{ 11 comments… add one }

Leave a Comment

  • Latha April 8, 2015, 3:38 pm

    Hi,

    Congrats Hemant Beniwal & Vikas Agarwal. I learnt many things from TFL. Wishing u a great success like TFL in this blog too

    Reply
  • Ramakrishna April 8, 2015, 3:52 pm

    Dear Team,

    I follow TFL website, and all the best for your new venture.

    Thanks

    Reply
  • santanu April 8, 2015, 4:08 pm

    Congrats Hemant & Team.

    I am a regular follower of TFLGuide and learned a lot in last couple of years. With this launch I can say that there is more to learn in Investment in Mutual Fund area.

    All the very best for your new start up. 🙂

    Reply
  • Sanjay April 9, 2015, 10:54 am

    Dear Team,

    I follow TFL website, and all the best for your new setup.

    Reply
  • Anil Kumar Kapila April 9, 2015, 5:54 pm

    Hi Hemant & Vikas
    Congratulations! Keep me posted about the new articles appearing in the blog.Looking forward to information on mutual funds.All the best for the new blog.
    Anil

    Reply
    • Vikas Agarwal April 14, 2015, 7:29 pm

      Thanks Everyone & I request Anil Ji & Mr Bansal is they can help readers 🙂

      Reply
  • BIJU PAUL April 11, 2015, 5:07 pm

    Its a great idea to start such a blog. I am really impressed by your sincere efforts. I am only bemused by a peculiar situation in our country. When investing in mutual funds it is important that you keep investing whether the sensex is up or down. However, people seem to rush in when the markets are going up and the reverse is also true. The saddest part is that all these articles about the goodness of equity is discussed in various fora only during the bull run!! A classic example is the “Personal finance column” in Economic times which was published without fail once every week. Then when the economy was in trouble, the articles just stopped. Now recently, articles have started coming up again!
    Anyway, all the best in your efforts. I am eagerly awaiting your fresh insights.
    Regards,

    Reply
    • Anil Kumar Kapila April 17, 2015, 6:04 pm

      Very true.Sometimes people panic when the economic condition of the country seems very bad.I also did this mistake just before general elections.

      Reply
  • avinesh goyal April 12, 2015, 7:28 pm

    SIR I HAVE SOME SIP AS PER FOLLOW AS BELOW:
    HDFC TOP 200: Rs. 1000
    ICICI VALUE DISCOVERY REGULAR FUND: Rs. 1000
    ICICI FOCUSED BLUECHIP FUND: Rs. 1000
    FT INDIA PROMA FUND: Rs. 1000
    FT INDIA INDEX FUND NIFTY PLAN: Rs. 500
    HDFC GOLD FUND: Rs. 500
    SBI GOLD FUND: Rs. 500
    NOW, I WANT TO REVISED ALL THE FUND PLEASE HELP ME & SUGGEST AS SOON AS POSSIBLE.

    Reply
    • Anil Kumar Kapila April 17, 2015, 6:17 pm

      When investing in mutual funds one must keep track of the performance of funds before as well as after investing.I do not understand why you have invested in so many funds.Normally three or four good funds are enough.Investing in two gold funds does not make any sense to me.Moreover, there is no point in investing more than one fund of a fund house.
      You must also read the article – 6 Dumb Ways to select a Mutual Fund scheme

      Reply
  • dr teny July 23, 2015, 7:23 pm

    needs investment classes from kg level!!!

    Reply