The Purpose of this Blog - Yours Money.IN

Hi friends, first of all I thank all of you to have taken time to visit this blog and appreciate the initiative.  I’ve been longing to create a platform where I can share my knowledge and experience of investments.  Finally, I have somehow found time to space to create this blog and I dedicate this to you.

Why this blog?

A several years ago, when I was working as an audit assistant, I was supposed to audit the mutual funds transactions in a mutual funds back office operations.  That’s when I came across about the investment opportunities available in mutual funds.  I was curious about knowing the jargons of mutual funds as I was basically having the habit of saving even before I started earning. 

So I started enquiring about the mutual funds, the basics, its various types, its transactions, returns, etc.  But unfortunately, to my surprise, those working in the back office were unable to answer my queries properly or they differed upon their opinions from each other.  And I found that hardly few of them invested their money in mutual funds.  This is because they were unaware of the possibilities and the way to invest.

But that didn’t stop me learning about the mutual funds.  I started searching about the funds in all the available media.  Initially, I gained most of my knowledge from the magazines and newspapers.  After having the grasp of the jargons, I started investing in mutual funds and found the positive returns.

The need of investment is more for middle class families than any other class of people in India.  But their exposure to the investment options are limited and usually their choice ends with fixed investments like fixed deposits, recurring deposits and mostly savings account.  With these investments, they are unable to beat the inflation because the returns are not either at par or higher.

So, it is necessary to beat the inflation and the only asset class that can beat inflation is equity.  But when comes to equity investment, people think only about shares which needs a very careful studies and monitoring on a regular basis, more frequently.  An improper analysis of the shares before investment will lead to losing money invested.  So, basically people fear of equity investments. 

But, they need not to worry a lot.  They can also invest in equity through Mutual Funds which are managed by big financial institutions like SBI, ICICI, etc. by more efficient fund managers who are well qualified and experienced in equity investments, being monitored by Securities and Exchange Board of India (SEBI). These fund managers will take care of all the analysis and all you need to do is just do a little analysis and invest in the best mutual funds schemes.

So, there is a need of understanding about Mutual funds, this blog is just for that purpose, to teach about the investment opportunities available, not just in Mutual funds, but also other investment instruments.  Remember, mutual fund is not just about investing in equities, there are debt schemes and hybrid schemes also available to get the desired returns. 

We are going to cover all the investments like Mutual Funds, Fixed Income options, Post Office Savings, How to save tax, Passive Income, How to spend, etc.  The mission is to get the juice of best returns through various investment opportunities which require for all your needs like children’s education, after retirement corpus, marriage etc.  The blog has just started off, so please keep visiting for more insights about Investments, Mutual Funds, etc.  Please stay tuned.  Thanks!